Chapter 1615 - T-K Group's Crushing Defeat in the Product Battle
Chapter 1615: T-K Group’s Crushing Defeat in the Product Battle
In this battle, Lanxin Company took the initiative and was able to lead T-K Group by the nose. After T-K Group lost the battle between their equipment innovation, it quickly led to their defeat in the battle of product quality.
After Lanxin Company’s press conference, T-K Group was put in a difficult position.
Lanxin Company cut the ground from under their feet and announced to the media the GMP certification data used by the Worldwide Health Organization, relevant certification data from the Food and Drug Administration, and various other product certification data.
This move put the T-K Group under great pressure.
T-K Group once again faced a terrible crisis in the midst of their acquisition battle.
Jose was bruised and battered from this blow, and he cursed out loud. “Those despicable and shameless Chinese! They actually used such a lowly tactic to fight against us. They are so detestable.”
The press conference had just ended and the media had already covered the news extensively. The entire process of the conference was also put online by Lanxin Company, garnering tons of heated responses from netizens.
At that moment, everybody was still caught up in this news. Soon, they would all react and turn their gaze towards T-K Group.
Chu Jingnan leaned onto the chair and rubbed his painful temples. He slowly spoke, “Lanxin Company has disclosed all their test data to the public and threw shade at T-K Group in front of everybody. Very soon, the media and public will be requesting T-K Group to disclose all their product certification test data as well. You should make preparations beforehand.”
Lanxin Company took a drastic move and completely cut off T-K Group’s back route.
What a hateful move.
He had thought through all of the possible actions Lanxin Company would take after the result of the product quality battle was out. What he did not expect was for Lanxin Company to be so ruthless, to attack their enemy even at the cost of themselves.
They were cruel to themselves.
But even more nasty towards their enemies!
This was truly the most terrifying part of the Lanxin Company.
If T-K Group could not safely get past this danger, they would suffer a crushing defeat against Lanxin Company in this acquisition battle. There would be no chance for them to make a comeback.
Jose roared angrily, “Make preparations for what? T-K Group will never disclose our product certification data. We can never release our information publicly, be transparent, and reveal our core data to the world just like Lanxin Company.”
Lanxin Company was a new company that had not even been listed on the market. As the saying goes, newborn calves are not afraid of tigers. Although there was the risk that their formulas might be leaked from them revealing their product certification data, it would not deal damage to Lanxin Company that would destroy their company.
However, T-K Group was a famous multinational enterprise. They had suppressed many competitors and were standing at the top of the international health supplements industry. If they were to disclose their certification data, these would be known to their competitors, which would then use it against them in despicable ways.
Jose would not gain anything from disclosing their product data.
On top of that, the HQ in Country M would never agree to disclose their certification data as well.
“If T-K Group does not follow suit, it will end up being criticized by the public. Facing the great pressure from the media and public, T-K Group will lose everybody’s faith. Worse of all, they may become doubtful of T-K Group’s products. If that happens, it will be T-K Group’s complete loss in this acquisition battle.”
His reply was within Chu Jingnan’s expectation. Lanxin Company only dared to disclose their data because they had no other choice under the pressure from T-K Group.
In other words, Lanxin Company had nothing else to lose.
However, there were many more things for the T-K Group to consider. They would not, should not, and could not do the same as Lanxin Company.
This was exactly as Lanxin Company had planned.
For T-K Group to be unable to speak up for themselves.
For T-K Group to be criticized by all.
They had dealt a huge blow to T-K Group’s reputation, image and honor that they had been building for years and made people doubt the products of T-K Group that had stood the test of time.
Jose was dizzy with anger. He said, seething with rage, “In the eyes of the public, the first person to do this is a hero who deserves to be praised. The person who follows after will be nothing but an imitation. Even if T-K Group stands up and reveals our product certification data, everybody will just think that T-K Group had no other choice but to do so. Our company’s reputation, image and brand will still be ruined in the end.”
Lanxin Company’s drastic move had really caught the T-K Group by their neck.
Once again, T-K Group was pushed under the spotlight for criticism.
Chu Jingnan was quiet. He then asked, “Now, what do you plan to do to get out of this crisis?”
It was out of Chu Jingnan’s calculations for them to lose the product battle this quickly.
He could not understand. Was it T-K Group that was too weak, or Lanxin Company that was too strong?
Jose sat onto the chair helplessly and buried his face into his palms, groaning painfully. “T-K Group does not have the capability to block the public’s thoughts or the media’s criticisms. As for Lanxin Company, they would definitely take this opportunity to pursue and strike us while we are down. T-K Group has already lost this product battle. This entire acquisition plan has been dragged through the mud, with no chance of coming back.”
He did not say that they had already suffered a crushing defeat in this acquisition battle.
He could not bring himself to say it.
He was indignant, furious and helpless, unable to say it out loud.
Before this, he had participated in many acquisition battles with all sorts of companies. He could not understand how he was defeated when he had never lost before.
His strategy that he was proud of was not even worth mentioning in the eyes of the other party.
His intelligence that he took pride in was just like a child’s in the eyes of the other party.
Lanxin Company was a small company that had not even been listed on the market. Yet, they were his greatest opponent. It was really such a joke thinking about it.
Chu Jingnan’s eyes glistened.
Jose suddenly lifted his head and looked at Chu Jingnan straight in the eyes. “Chu, T-K Group can’t lose this acquisition battle. How is the development of your plan to acquire Lanxin Company? Is there any progress? Can you deal a heavy blow to Lanxin Company at this moment?”
Now, his only hope was in the Genesis Investment Company.
Chu Jingnan looked at Jose apologetically. “I’m sorry, Jose. Since T-K Group has suffered several heavy blows from Lanxin Company, the acquisition plan at Genesis Investment Company has come to a halt as well. The resources provided by T-K Group were limited, so our acquisition plan could not be put in place.”
The T-K Group was the main problem for the loss of their acquisition battle.
From Chu Jingnan’s perspective, the T-K Group should take full responsibility for this loss. He would not admit that there were any flaws in his aid.