I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 81: Strongly ceding territory and paying compensation
Chapter 81: Strongly ceding territory and paying compensation (Godfathers, please subscribe, 3 updates today, 1.2 words)
The first comparison is talcum powder.
Qiangsheng uses talcum powder as the main material, while Sihai uses rosin powder and pearl powder as the main materials.
Qiangsheng uses essences to add fragrance to its products, while Sihai uses various floral scents.
The most important point is that Qiangsheng baby powder contains asbestos powder, a carcinogen. Long-term use will increase the risk of cancer in babies, while Sihai Health’s talcum powder does not contain these.
Under this kind of intuitive comparison, any normal person can tell which one is good and which one is bad, without any special explanation.
Next, we compared another product with quality issues: skin care oil.
Sihai’s skin care oils are all herbal essences, and they still use aromatics extracted from flower petals or fruits, while Qiangsheng still uses essences.
The most important point is that Qiangsheng's skin care oil contains crude paraffin oil, which is also a carcinogen. Long-term use will greatly increase the risk of cancer.
Then compare diapers, wet wipes, prickly heat powder, shampoo...
After a comparison, everyone had an intuitive understanding of Sihai's infant and toddler products, and has formed the concept that Sihai's products are better than Qiangsheng's products.
but!
This is not enough!
We also need to give the audience more intensity.
At this time, the assistant brought in several children and parents who had developed cancer due to long-term use of strong sound products containing carcinogens to the live broadcast room, and told everyone about their tragic experiences.
These are all middle-class families who chose a full range of products for their children just because they trusted big brands like Qiangsheng. However, it is precisely because of long-term and excessive use that their children are harmed.
Barrage.
"I know this. It was exposed in the news before, but it didn't seem to cause any waves. It seems that poverty saved us. I was reluctant to buy special toiletries for my children from big brands, which prevented this from happening."
"It's so tragic. Such a young child's life has just begun and it's been ruined."
"Oh my god! Is this true? Are all business wars so direct nowadays? If this is false, Sihai Group will definitely be sued and go bankrupt."
"This is definitely true. I was exposed when I was in college. It should have been around 2012, I'm sure. I can only say that Sihai Group was really well prepared. The victims' personal stories are more convincing than anything else."
"Although it's OK as long as you don't use it often, it does contain harmful ingredients, and who wants to take that risk for their children? If Sihai Infant's products are really as the test report suggests, I'm willing to support them."
……
At this time, the assistant handed Chen Xi a huge check and whispered a few words in her ear.
Chen Xi invited Zhao Liying to help, and the two of them lifted the check together and showed it in front of the camera.
Chen Xi said very seriously: "Although our Sihai Group is now in the most difficult period in history, Chairman Yang said that large enterprises must have social responsibilities. Our Chairman Yang has always adhered to the principle of getting something for every effort and never let anyone work for nothing. We will not let these parents and children come to the site in vain. We, Sihai Health, and Ms. Zhao Liying, will donate 500 million to these children in need for treatment. I wish the children a speedy recovery and a bright future for them."
Zhao Liying was a little confused because this part was not in the script.
This was a link that Yang Chen added temporarily. The advertising effect of spending 500 million at this time would definitely be better than the advertising effect of spending hundreds of millions at other times. It could also help these children with their medical expenses, which was a win-win choice.
Moreover, Yang Chen was very kind. Although Zhao Liying did not pay any money, it was still counted as her share. After all, she was the spokesperson, so her image must be enhanced as well.
Barrage.
"Oh my god, this will definitely become one of the most classic cases in business history."
"It's done! At least as an ordinary citizen of Dragon Country, I am now willing to accept products from Sihai Infants and Children."
"Awesome! Yang Chen, the chairman of Sihai Group, is quite something. He has planned every step perfectly. The effect of spending 500 million is better than spending several hundred million on advertising on the Spring Festival Gala."
"Please release the goods quickly. We will buy some to try out first, and also let those anti-counterfeiting bloggers and authentication agencies buy some to test."
"Such good materials must be very expensive. My family with a monthly salary of 3,000 yuan cannot afford it. I can only support it spiritually. I hope that domestic products can become stronger."
……
Chen Xi smiled and said, "As usual, we will release a thousand copies of each product today for friends who need it. I see many friends say that the price must be very expensive, but you have estimated it wrong. Our President Yang said that Sihai Infant's products are designed to grab the market of Qiangsheng Infants. The price of each of our products will be lower than the corresponding Qiangsheng product, so that everyone can buy cheap and safe products for their children. It doesn't matter if the baby series doesn't make money, the weight loss pills used by mothers and the cup-raising pills used by fathers are enough to make money."
Zhao Liying quickly reminded: "Haha... Miss Chen was too excited and said the wrong person that Shengbei Pills are suitable for."
Chen Xi explained with a smile: "I am not wrong, Mr. Yang did say that, because after the wife used Shengbei Pills and it worked, it was still the husband who played with it, right? So, in the end, this is still for men to use."
Zhao Liying was shocked, then she covered her mouth and burst into laughter.
Barrage.
"Fuck!"
"What a tricky angle!"
"That makes a lot of sense. I'm speechless."
"Your Director Yang sounds like he's having a lot of fun."
"Now that you've analyzed it like that, I have to buy it. I originally thought 2988 was too expensive, but now I think it's not expensive at all. I have to buy it for my wife."
……
Chen Xi smiled and said, "Operation, put 1000 copies of all products on the shelves."
Pop-up windows appeared in the live broadcast room one after another, and all of Sihai’s infant and toddler products were put on the shelves at prices lower than Qiangsheng’s products.
At that time, there were nearly 200 million real viewers in the live broadcast room, and this small amount was sold out in an instant.
Rules are rules, so only so many can be released in a day, and the agents will be allowed to sell them after the agents are determined later. After Chen Xi and Zhao Liying went off the air, Yang Chen still followed the old rules and personally delivered the flowers.
Zhao Liying said excitedly: "Thank you, Director Yang."
Yang Chen smiled and said, "You're welcome. I came up with the donation part temporarily, I'm sorry. Our company will pay for the 500 million, but we need you as our spokesperson to donate together. Is that okay?"
Zhao Liying quickly said, "Thank you, Director Yang, for being so thoughtful and including me in the list. I can't really not contribute a penny, so I'll donate a little bit to show my appreciation."
Yang Chen hurriedly said, “No, no, no, this makes me seem like I’m blackmailing you. Our company will pay for it, so you don’t have to pay a penny. If you want to pay, then use other means. You’ve worked hard, go back and rest early.”
Zhao Liying smiled and nodded, then waved goodbye to Yang Chen and the others.
The news from Longguo soon reached the Bald Eagle family.
At this time, the president of Qiangsheng Group, Valeniani, was watching the company's stocks with shareholders and executives. The large screen next to them was playing the live broadcast recording of Sihai Healthcare that had just been transmitted. Xu Min, vice president of Longguo District, explained the live broadcast content to them in Eagle Language through video conferencing.
“Fuck! Fuck! We can’t do any PR, and can only watch them attack us. Damn Yang Chen, damn Sihai Healthcare! Fuck!” Varenani roared.
The executives didn't dare to say a word. Anyone who dared to interrupt at this time would be scolded.
At this time, Xu Min's secretary whispered a few words to him, and then he said fearfully: "Mr. President, I just received news that the Haicheng Market Supervision and Administration Bureau has issued a notice to us to remove all Qiangsheng Baby products from the shelves. We must execute it immediately and unconditionally."
Varignani angrily threw the phone beside him and cursed, "Fuck! You idiots, it's over, it's all over. We're going to hand over the market we've run for so many years to someone else! Fuck!"
The Rosenberg Times, the New York Times, the Wall Street Journal and other media reported the news at the first opportunity, and all of them used scary headlines such as "Qiangsheng Baby Products Banned" on the front page.
This scared the investors who bought Qiangsheng stocks. Both retail investors and institutions rushed to sell. In just a few minutes, the stock price fell by 30% to 100 Eagle Coins.
Miller, the Goldman Sachs representative, was no longer as calm as he was yesterday. He said in a serious tone, "It's no use scolding anyone now. You executives, hurry up and use your money to increase your shareholdings. You must pull the stock price back up."
Varenani quickly said, "Isn't it your responsibility to maintain the stock price?"
"That depends on the reason for the stock price drop. Now it's because of your products. Of course, it's you executives who have to pay to increase holdings to push up the stock price," Miller said excitedly.
Other shareholders also expressed their demands that the management use money to increase their holdings, otherwise they would join forces to impeach the group's top executives, including Varignani.
These investment institutions know that Qiangsheng’s stock price cannot be pulled back for the time being. Both retail investors and institutions are selling. Whoever increases holdings at this time will be trapped. That is why they force executives such as Varegnani to use money to increase holdings and push up the stock price.
But the executives are not stupid, they also know some stock knowledge. In this situation, the problem cannot be solved by simply increasing holdings. Whoever increases holdings will be trapped. Only a stupid person would use his own money to increase stock holdings.
Varignani made a prompt decision and said, "I think we can only surrender to Sihai Group now. If we don't solve the problem fundamentally, it will be impossible to raise the stock price by simply increasing holdings."
The senior executives immediately expressed their support for Varenani's opinion and hurriedly "ceded territory and paid compensation to seek peace" with Sihai Group.
The money for ceding land and paying compensation was paid by the company, while the money lost in increasing stock holdings was their own money. They know the difference between the two.
Shareholders know better than anyone that this situation cannot be solved by simply increasing holdings. Only by investing tens of billions or even hundreds of billions of Eagle Coins in large-scale shareholdings can the situation be reversed. However, these executives cannot come up with so much money.
After discussing it, the shareholders agreed to Varenani's plan and immediately "ceded land and paid compensation to seek peace" from Yang Chen.
“Jonathan, lead your team to Longguo again and negotiate with Yang Chen in person. We have two demands. First, Sihai Group stops shorting Qiangsheng’s stock price. Second, give us a public relations opportunity. No matter what conditions he offers, don’t agree or refuse immediately. Report to me in time, and let our executives and shareholders discuss and decide whether to accept them.” Said Varenani.
Jonathan immediately called on all the troops and led the legal and public relations departments to rush to Longguo Jiangcheng.
Yang Chen was reading the documents when Chen Xi ran in and reported, "Director Yang, the Qiangsheng team is here again, and Jonathan is still leading the team."
Yang Chen nodded, and said: "Take them to the small conference room, I'll be there later."
More than ten minutes later, Yang Chen came to the small meeting room with a smile.
“Hey, Mr. Jonathan, we meet again. How are you going to trick and threaten me this time?” Yang Chen teased.
Jonathan looked embarrassed, and quickly stood up to greet Yang Chen. His attitude was obviously much more humble than the last time when he sat still.
He deserves to be punished. He will behave himself after being punished.
Jonathan bowed his head and bent his waist slightly, with an extremely humble attitude, and said, "Mr. Yang, I'm very sorry. There may be some misunderstandings between us due to my operation. I come here on behalf of the group to apologize to Mr. Yang. I hope Mr. Yang can give us a chance to make amends."
"Misunderstanding? Haha...Okay, even if it's a misunderstanding, how are you going to clear it up?" Yang Chen asked with a smile.
Jonathan said very directly: "Mr. Yang, you can put forward any conditions. We only have two requests. First, Mr. Yang, stop shorting Qiangsheng's stock. Second, please allow us to publicize the baby series products."
Qiangsheng Group has many brands, not just the baby business, so they must succeed in public relations no matter what, otherwise it will affect the sales of other businesses.
Yang Chen smiled and said, “I’m a very direct person. Since you brought it up, I won’t be polite.”
"Okay, okay, please go ahead, Mr. Yang. I'm all ears." Jonathan nodded politely.
If you don’t take advantage of an opportunity, you’re a bastard. Moreover, what they got now are spoils of war, so Yang Chen naturally won’t be polite to them.
First, Qiangsheng must directly and clearly acknowledge product problems and is not allowed to evade them by euphemism or perfunctory means.
Second, Yang Chen would use 1 Eagle Coin to buy back everything from Dabao, including brand ownership, production technology, production lines, sales channels, etc. Anything related to Dabao must be returned.
Third, actively compensate for the medical expenses of children who develop cancer due to long-term use of problematic products, and compensate the families of children who have died or will die in the future from the disease in accordance with the law.
Fourth, let those few members of the Nobel Prize Committee personally deliver the Nobel Prize in Medicine to Yang Chen, and Yang Chen will smash the trophy in front of them, and they will have to applaud.
The first three conditions can be met, and it all comes down to admitting mistakes and paying compensation. However, Yang Chen’s fourth condition is a bit too much. Isn’t this an humiliation to the Nobel Prize?
"Mr. Yang, can we negotiate the fourth condition? Don't you think you don't want it?" Jonathan said.
Yang Chen smiled and replied, “I don’t want it, but they have damaged my reputation online in the name of the Nobel Prize Committee, I must retaliate in kind, I just want to break the arrogance and superstition of the Nobel Prize! This condition is non-negotiable. The fifth condition, go back and tell your executives and shareholders that my name is Yang Chen, the chairman of Sihai Group, tell them to remember my name and avoid it when they see this name in the future, otherwise I will slap you every time I see you.”
(End of this chapter)
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