Chapter 135 The Acquisition Frenzy Sweeping Across China



Upon hearing this, Shi Jingfu was overjoyed.

"The local government must be thrilled that Wujiang Battery Factory has moved to Guangzhou. Acquiring Asia Soft Drink Factory will be much easier for them."

Actually, Shi Jingfu doesn't quite like Asian soft drinks.

On his first day in Guangzhou, he bought a bottle of Asian soda and drank it. Goodness, it tasted like "menthol balm" and was really intoxicating!

However, Asian soft drinks are a signature beverage of Guangdong and even South China, and are the favorite drink of the people of Guangdong.

In the current soft drink industry market, limited by objective factors such as production capacity and transportation conditions, "one bottle of soft drink represents one city" has become a true reflection of the landscape of domestic soft drink brands. Every bottle of soft drink bears the unique mark of a city, and every city has its own unique soft drink flavor and representative brand.

This is also why Zhao Ye wanted to acquire the eight major domestic soft drink companies.

The next day, Shi Jingfu arrived at the Guangzhou government.

During the negotiations, Shi Jingfu stated that Wujiang Group could move its Wujiang battery factory to Guangzhou.

Wujiang batteries are of high quality and have a good reputation both at home and abroad.

Moreover, as Game Boy became popular worldwide, Wujiang batteries also became a global phenomenon, given their significant role as the official Game Boy battery.

A single battery costs 2 yuan, but the manufacturing cost is less than 1 cent, resulting in outrageous profits.

At that moment, the leaders present were extremely excited when they heard that Wujiang Group planned to move its battery factory to Guangzhou. They repeatedly expressed their welcome and even offered to sell Asia Soft Drinks to Wujiang Group.

In the afternoon, Shi Jingfu and his entourage visited the headquarters of Asia Soft Drinks Company.

Asia Soft Drink had multiple factories in Guangzhou. In the 1960s, "exchanging soft drinks for foreign exchange" became a popular story. Asia Soft Drink was even exported to Hong Kong, Macao and Southeast Asia, and its production and sales volume ranked first in the country.

In its previous life, Asia Soft Drink made a triumphant return thanks to the "national brand sentiment," selling out in many regions of China. Moreover, in overseas markets, in addition to exporting to some ASEAN markets, Asia Soft Drink actively expanded into the entire Southeast Asian market and European and American markets, allowing Chinese soft drinks to reach the world.

At this time, Coca-Cola's total market value had reached more than 270 billion US dollars.

PepsiCo's total market capitalization is over 260 billion US dollars.

In this lifetime, if China were to give birth to a soft drink company with a market value of over 200 billion US dollars, wouldn't that be great?

...

Three days later, Shi Jingfu, representing Wujiang Group, reached an agreement with the Guangzhou government to acquire Asia Soft Drinks.

Wujiang Group acquired Asia Soft Drink Factory for RMB 160 million.

in addition,

In Beiping, Wujiang Group acquired Beibingyang Soda Factory for 150 million RMB.

In Shanghai, Wujiang Group acquired Shanghai Zhengguanghe Soda Factory for RMB 120 million.

The three pieces of news came out in turn, causing a sensation throughout the country.

Many people are puzzled as to why Wujiang Group, a technology company, has stooped to selling soft drinks.

Envious members of the Wujiang Group took to the newspapers to satirize the company, saying, "Back then, Steve Jobs, to impress PepsiCo CEO Sculley, said, 'Do you want to change the world, or do you want to sell soda for the rest of your life?' Sculley immediately resigned as CEO of PepsiCo after hearing that. Now, look at Zhao Ye, our domestic 'genius tech entrepreneur.' He's actually going against the grain, not pursuing scientific research, but selling soda. I have to say, this is truly a great tragedy. Perhaps only a free and democratic country like the United States, where even the air smells sweet, can give birth to true tech entrepreneurs..."

Zhao Ye was reading the newspaper when he saw someone criticizing him, and he immediately became furious.

"Damn it, what's wrong with selling soda? Does selling soda make me a heretic? Does scientific research not need funding? You're just talking without understanding the situation. Without enough funds, how am I supposed to do research and development? Or am I supposed to be an ostrich like everyone else, begging for handouts: 'Please, look at me, I'm a law-abiding citizen, please have mercy and sell me some chips, or raw materials, or production equipment...'"

"Damn it, how embarrassing!! I was reborn and I still have to put up with this crap! I might as well just die!"

Zhao Ye took a sip of the chilled Arctic Ocean soda, and felt much cooler.

Zhao Ye couldn't be bothered with these guys who liked to curse.

These people are like leeches; the more you pay attention to them, the more they stick to you.

Ignoring their existence is the best way to deal with it.

...

At this moment, the other five major soda factories in China were all surprised.

Wujiang Group seems to be trying to take over all eight major domestic soft drink factories in one fell swoop. Currently, a negotiation team from Wujiang Group has already arrived at their factory.

Faced with such a powerful Wujiang Group, the local government was shocked, but also felt a strange sense of anticipation.

Wujiang Group's LCD project has settled in Beiping, and its battery project in Guangzhou. We should too...

...

Chongqing.

This was the third time Du Xiaoyan had come to the government building to discuss the acquisition of Tianfu Cola Group, but this time, she was full of confidence!

"Greetings, leaders. Wujiang Group is willing to invest 130 million RMB to acquire Tianfu Cola Group, and next year we are willing to invest 500 million RMB to build a VCD factory in Chongqing!" Du Xiaoyan said bluntly.

The Chongqing leaders looked puzzled. One of them asked, "Ms. Du, what is this VCD? I've never heard of it before!"

Du Xiaoyan explained, "VCD stands for 'VideoCD,' which means video disc. VCD factories mainly produce a machine that can play videos, namely: VCD players. This product is similar to the VHS video recorder that is popular abroad, but VCD plays CD discs, while video recorders play VHS movie tapes."

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