Chapter 130
When Zhen Zhen came to Hangzhou, he couldn't help but try the good tea that had just been launched locally.
The hotel facilities were simple, so Meng Nan simply bought a thermos and a hot water heater and boiled water for himself.
"This heats up quickly and is quite convenient. I'll send a message to Pan Di and ask her to buy some and sell them in Zhenxin Mall."
Meng Nan thought, never forget to do business wherever you go.
It's so hot that you put it in the thermos. After a few minutes, the thermos starts to hum. When the water is about to boil, there is a sound like a train roaring.
"We don't have time to get hot water in the dormitory, so we use quick-boiled water, which is very convenient for making instant noodles or soaking our feet," said Meng Nan.
The Hangzhou Beer Factory completed the equity transfer, introduced the production line, and implemented the performance system in a short period of time, which was soon widely reported by the Hangzhou media.
Zhen Zhen's approach undoubtedly brought Hangzhou beer back to life.
Originally, the company produced only a few tons of beer a year, but now it can produce dozens of tons, and sales have also increased greatly.
In just two or three months, the company was revitalized.
Many state-owned enterprises extended olive branches to Zhen Zhen, and Zhen Zhen selected two rubber factories, one beer factory, and two textile factories from among them and reorganized them at a price of more than 50 million yuan.
The contracts with these factories were signed by Meng Daguo and Meng Eryong.
Zhen Zhen is still in Zhejiang Province. She heard that two bankrupt meat processing factories near Hangzhou were for sale, and she planned to buy them nearby.
"A meat processing factory?" Meng Nan was increasingly confused by his grandmother's actions. "You bought a rubber factory and a beer factory, but why did you buy a meat processing factory? Don't we have a meat processing factory at home?"
"If you have a meat factory, you have to expand it."
Zhen Zhen took Meng Nan to the market. Currently, there are three cold meat factories in the market. Although their meat factory has a high market share near Xin Yao, it is not among the top five in the country.
"Look, what's the difference between the meat here and our meat?"
Meng Nan had never raised pigs, but she had seen and heard Meng Daguo talk about the quality of pork, so she could tell something.
"The meat here is not as good as ours. Our pigs have been improved and are fed the best feed. We also have large tracts of land for them to run and exercise. Our pork is firm and tender in color. It is incomparable to the pork here."
"Yes, our pork is good, but if we want to sell our pork nationwide, we must set up pig farms in major cities."
“Then you can buy land and build a house.”
"Buying land and building a house requires a lot of money and time. Now the market has changed suddenly. By the time your house is built, where will you have a share in the market?"
Meng Nan understood that the meat processing plant covers a large area and is fully equipped. It has a special slaughterhouse that can raise and slaughter pigs, and sell low-temperature fresh meat and frozen meat. In addition, the transportation is convenient, so the meat can be delivered to surrounding cities in a short time.
The most important thing for corporate expansion is to focus on the asset-heavy model.
Acquisitions are asset-light and allow companies to achieve the biggest goals with the lowest investment.
Following grandma's approach, the Meng family's pig farm was able to be expanded across the country in just three months.
What a good move to make a light one!
"Grandma, you also asked about the canning factory yesterday. Was it also for their factory?"
"Yes, our meat needs to enter the southern market. With a cannery, we can not only make canned meat, but also do deep processing of meat, such as ham sausage, chicken sausage, luncheon meat, bacon, bacon, etc."
“Why the South and not the North?”
"Of course it was with the help of the great man's inspection tour in the south. Meng Nan, remember, one must follow the trend. The north is not as flexible as the south in terms of economy. It must be easier to go from south to north than from north to south. Why take the long way instead of the short way? I'm not a fool."
Meng Nan benefited a lot. She found it strange that her grandmother was just a rough old lady in Batou Village. How could she have such foresight?
"Grandma, you are so awesome! Your eldest granddaughter adores you so much!" Meng Nan flattered her.
Zhen Zhen hugged his eldest granddaughter and kissed her twice.
"Our family has such a big business, someone has to take it over. Sanwa is busy with pagers, the Internet and other things, and has no interest in the family business. Grandma would be very happy if you could take it over."
"I'm not interested either. Once I learn your business skills, I'll go out and do some business, too."
"Well, you are worthy of being grandma's granddaughter!"
Meng Nan chuckled, hugging his fragrant grandmother, full of happiness.
In just a few months, Zhen Zhen acquired 17 companies on the verge of bankruptcy in the country.
What’s strange is that the meat processing plant, which was originally bankrupt, turned from loss to profit in just one month after the Meng’s Meat Factory moved in and carried out reforms!
From losses to monthly revenue of 10 million, such a change is not surprising!
With Zhen Zhen's layout, Meng's Meat Factory soon had 10 branches in the country.
Meng Daguo only needed to make some simple renovations to the factory, replace the factory manager, purchase transportation and refrigeration equipment, buy pig breeds, ship over his own Guoguang brand feed, teach the workers new breeding techniques, and then sit back and wait to collect the money.
But for Zhen Zhen, the real estate of these companies is the truly valuable resource.
It's not that doing real estate is a bad thing, but buying large amounts of land will alert your superiors.
By acquiring state-owned enterprise assets, you are buying both industry and land without arousing suspicion from others.
It really kills two birds with one stone!
But that’s all for another time.
In June, Meng Hua had to take time out to attend a dinner in Beijing after going through all kinds of negotiations to get the land his mother wanted.
The dinner was attended by real estate executives, and Meng Hua made many contacts and greeted all the seniors.
A middle-aged man in a gray suit came forward and said politely, "Meng Hua, my dear brother, it's been a long time since we last met in Nanhai!"
Meng Hua was stunned for a moment before he responded, "Boss Jiang? Aren't you speculating in real estate and land in Nanhai? Last month I heard that you also bought a cargo ship and wanted to do maritime trade. How come you have time to come to Beijing?"
Jiang Dongqiang heard this and sighed: "Little brother, please stop making fun of me!"
Meng Hua didn't understand, "I really wasn't kidding."
Jiang Dongqiang saw that he really didn't mean that, so he sighed:
"Little brother, the country has issued 16 control measures. You must have heard about this, right?"
"That's what I heard."
Meng Hua had already withdrawn the money from Nanhai, so Tan Zheng did not explain it to him in detail.
I only know a little from the newspapers, saying that Nanhai real estate is being controlled and banking policies are being tightened.
But he didn't know the real situation in the South China Sea.
Jiang Dongqiang sighed repeatedly:
"Over 10,000 real estate companies in Nanhai almost all went bankrupt overnight. Because of my greed, I was reluctant to resell the land at a low price, and several construction sites were not completed. I lost more than 50 million in total. Brother Meng Hua, you are really amazing! You made so much money in Nanhai and you were able to get out of it unscathed, unlike us, who lost it all."
Meng Hua couldn't believe that the situation in the South China Sea was so bad?
"Brother, has the situation there really reached this point?"
"That's right! All the hot money has been withdrawn from Nanhai, and the place has become a ghost town. We can only come to Beijing to do real estate. Otherwise, why do you think so many old acquaintances are here today!"
Only then did Meng Hua realize how much risk his mother had helped him avoid.
He took all his assets to Nanhai and borrowed tens of millions from the bank. If he had invested all that money, he would have been seriously injured and it would have taken him many years to recover.
Meng Hua's throat choked with sobs, and only then did he realize how important it was to have a good mother.
Jiang Dongqiang sighed, fortunately he was not the only one who lost money, his friend lost more than 70 million. Compared with others, he was much luckier.
But compared to Meng Hua, he would not be happy.
"Brother Meng Hua, can I ask you something? No one else has heard of the new policy, so how did you manage to withdraw in time?"
Meng Hua told the truth: "It was my mother who reminded me. She went to the South China Sea specifically to analyze the situation for me and brought me back from the South China Sea."
"Your mother!" Jiang Dongqiang was obviously quite surprised. He heard that Meng Hua came from the countryside. Isn't his mother just a country girl? How could she be so capable? "Isn't it your father-in-law who gave you advice?"
"Really not, my mother is the owner of Zhenxin Food Factory."
"Then your father..."
"My father died many years ago."
Jiang Dongqiang changed the subject: "Brother Meng Hua, my wife has been dead for many years. If you don't mind, how about I become your stepfather?"
"Get out!" Meng Hua glared at him unhappily!
Jiang Dongqiang was just joking, he was not used to keeping his mouth shut.
But if Meng Hua's mother really has this ability, who wouldn't want to marry her home?
Marrying Meng Huaniang is like marrying a money-making woman, which is the dream of every man.
Jiang Dongqiang could only lament that he was not good enough to catch Meng Hua's eye, otherwise, he would really like to fight for it.
Meng Hua finally helped Zhen Zhen acquire a piece of land to build a high-end shopping mall for Zhenxin Enterprise, and also acquired a state-owned shopping mall that was about to go bankrupt to rebuild Zhenxin Department Store.
Frankly speaking, after visiting several shopping malls in Beijing, Zhen Zhen always felt that these shopping malls have not yet broken away from the old model.
What era is this? Salespeople in state-owned shopping malls are still so arrogant!
She ignored Zhen Zhen when he spoke to her, simply ignoring the guest.
Zhen Zhen started out in the service industry, and the common people are her bread and butter. She absolutely cannot tolerate this kind of service attitude from her employees.
The media described Zhen Zhen's acquisition of state-owned enterprises as being like harvesting rice!
As long as it is an asset that she likes, even if it is a loss-making enterprise, she will take it all!
The news spread so quickly that Xu Wei could not hold back and personally called her long distance, saying that the city leaders wanted to talk to her about the acquisition.
Zhen Zhen was quite surprised, "You took the initiative to contact me?"
"That's right. Look at you. You are from our city, but you went to other places to buy companies. Seeing that so many companies in our city are going bankrupt, the city leaders are worried. They are afraid that you will spend all your money in other cities and leave no money for your own city! The city leaders specifically asked me to contact you, saying that we are all family members and can sell to you at a low price."
Zhen Zhen didn't expect such a good thing to happen. He definitely wanted to take advantage of it.
“How many bankrupt state-owned enterprises are there in our city?”
“39!”
"How about buying it in a package?"
Xu Wei was drinking tea and almost spit out a mouthful of water. "Package acquisition? My dear sister! Did I hear you right? You want to buy all 39 companies in a package? Do you know how much it will cost? Besides, you haven't even looked at the company's account books and don't understand what these companies do. You just closed your eyes and bought them all?"
Zhen Zhen smiled. After these acquisitions, she knew the nature of state-owned enterprises too well. These state-owned enterprises were all bad at accounting and would exaggerate losses.
For her, the bad debts helped her to bargain for the acquisition.
Moreover, her base is in Xinyao, and she has a close relationship with the city and county leaders. She knows the ins and outs of the situation well.
All I can say is that instead of letting these companies fall into the hands of foreign capital, it would be better for her to take them over, integrate the assets, and pay taxes to the country.
Xu Wei understood what she meant. They were all family members tied together, so wasn't it up to him to negotiate the price?
"Don't worry, big sister. I'll call the leader right now. If he agrees, we'll find a time to sign the contract. It would be best if it's before July 1st. That way, we can give a birthday gift to the party! It's good for you, it's good for me, and everyone will be happy!"
Half an hour later, Xu Wei called and said that the city leaders had agreed and that Meng Daguo could go over to negotiate the price.
Zhen Zhen finally breathed a sigh of relief. With this step, most of her money would be spent. However, the Zhenxin Group's territory would expand, and she would be able to integrate resources such as rubber, beer, and textiles, and list them overseas under companies registered overseas.
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