Chapter 1561 - Why Would I Not Want to Be Number One in the World
Chapter 1561: Why Would I Not Want to Be Number One in the World
Wen Xinya was full of pride as she watched all those excited and flushed faces.
As Lanxin Company had yet to be publicly-listed, she held full shareholders’ rights to the company. There was still a long way to go and she did not wish to try and forecast the future. She was already quite satisfied with their current performance.
Wen Xinya halted their excitement. “If Lanxin Company insists on refusing a takeover by T-K Company, we will face four major issues.”
When Yan Shaoqing first told her about the threat of a takeover, she had already analyzed the situation to find a way to defend against it.
Someone asked, “What are the four major issues?”
Wen Xinya slowly sat down and leaned backward, exuding an awe-inspiring and formidable aura. “Firstly, the local health supplements market is very divided. It’s Country Z’s newest market and its foundation is just too weak. The top five brands are all on par with each other, with none of them able to surpass the others. Everyone is competing head-to-head and no one wants to yield. This has resulted in a divided market, making it very difficult to form alliances. Without a powerful local company dominating the market, it is very easy for an international corporation to attack.”
Although Lanxin Company was more powerful than the other five companies, it was not publicly-listed and didn’t hold absolute power over the rest. Further, in this country, experience spoke the loudest and Lanxin Company had not been incorporated for long. It would be very difficult for Lanxin to convince the others.
Everyone could tell this was the most crucial issue. If they were unable to form an alliance to go against the international corporation, it meant that Lanxin Company would have to fight alone.
Wen Xinya twirled a fountain pen in her hand as she continued calmly, “The second issue would be financial power. Lanxin Company has deep pockets, almost on par with most of the major corporations here. This is also the reason behind Lanxin Company’s rapid development and progress. However, we are now facing the world-renowned mammoth enterprise, T-K Company. There is no way we will win if we face them head-on.”
As powerful as Lanxin Company was, they were not publicly-listed and still lagged behind the top-tier corporations in the country.
And even the top-tier corporations here would have to retreat if faced with T-K Company.
Everyone’s expression was grim as they internalized Wen Xinya’s words. They waited for her to continue.
Wen Xinya raised three fair and tender fingers. “The third point is that Nanshan Company has already been bought over, so who is next? Dongshan? Or Beishan? No one can say. They will make use of the newly-acquired company to slowly engulf Country Z’s health supplements market, boosting its power so that it can to be used as a lethal weapon against us.”
They would put in all efforts to revamp the newly-acquired health supplements company and hone it into a dangerous weapon to be used against resistant companies. Launching sudden attacks and forcing those companies into a corner.
Lanxin Company was not publicly-listed. How could they defend against such an attack?
“Damn, T-K Company is just too devious.” One of them couldn’t help cursing.
But what use was cursing now?
Curses were just a way for the weak to struggle uselessly against the unstoppable force of destiny.
Wen Xinya placed both her hands on the table and leaned forward. “Fourth is the consumer’s mentality. For the next 30 seconds, can everyone here please tell me all the daily essential products they can think of which are mostly dominated by overseas brands?”
“Make-up!”
“Shoes, handbags and fitness equipment!”
“Clothing, cars!”
…
Within the short span of 30 seconds, everyone suddenly realized a serious problem—the overseas brands had already completely invaded everyone’s daily lives. Overseas brands had already more or less taken over all the essential goods on the market.
Wen Xinya said with a sense of helplessness, “See, the people of Country Z hold the mentality that overseas brands are better than Chinese ones. They have more advanced technology, superior products, and more trustworthy quality levels. Health supplements, in particular, is a new market just in its infancy stages in Country Z. Whereas the health supplements sector is already booming overseas. What does everyone think will happen to the local brands when T-K Company takes over the health supplements market in Country Z?”
Yan Shaoqing’s voice rang out loud. “A complete and utter defeat!”
Wen Xinya nodded. “You are right, there is no doubt that they will be completely and utterly defeated!”
Wen Xinya had resolutely exposed the harsh reality of the situation and placed it before everyone’s eyes. The atmosphere was so grim and heavy that everyone could hardly breathe.
Whispered discussions erupted amongst them.
Some remained firmly against the takeover, while some were beginning to get tempted. Some even outright pronounced that agreeing to the takeover would be the best decision.
At this point, Wen Xinya suddenly asked in a sharp tone, “So are international corporations really so invincible?”
The resounding question struck against their hearts like a rock flung across the sky.
Subconsciously, everyone started asking themselves: Are international corporations really so invincible?
Doubt, disbelief, conflict, hesitation…
In that instant, all those thoughts played across their minds.
Yan Shaoqing spoke up then. “I don’t think so. In the past, an industry in Country Z made a decision which had everyone doubting, disbelieving, mocking and scorning. The decision was to restrict overseas investment. I trust that everyone is familiar with this industry: home electronics. May I ask if anyone here owns a television set from an overseas brand?”
Silence fell over the meeting room.
None!
Not a single one of them did. That was because Country Z’s home electronics industry was a dominant force both locally and overseas. All foreign competitors would shy away when pitted against a home electronics company from Country Z.
Wen Xinya smiled for the first time since the meeting started. “That’s right. An international corporation targeted Country Z’s home electronics industry when it was still developing, with the intention of overthrowing the entire market. After a lot of consideration and infighting, the local home electronics powerhouses came to a tough decision—they would form an alliance to defend against overseas takeovers. The thriving local home electronics industry you see now is a result of their painful sacrifice then. They endured long, bitter years of intense competition, undergoing countless revamps and improving their technology and quality levels, to give rise to their current prosperity.”
The Xiao Family was part of the alliance to defend against overseas takeovers. It was from that battle that the Xiao Family managed to build such a solid foundation for themselves.
Everyone was familiar with this story. It was also Country Z’s model case study of a local industry entering the world stage.
Wen Xinya focused her gaze on everyone present. “There are so many local electronics products which have become number one globally. So why can’t I, Wen Xinya, also become number one in the world?”
Compared to the situation of the home electronics industry then, Lanxin Company was in a better position. Lanxin Company possessed a perfected recipe and technology, and these were the deciding factors in competition.