Special troubles of rebirth
Chapter 170 Competitors
Wang Yu, who was still in Shu, received a call from Wu Suqing and asked CoCo milk tea to enter the mainland market.
"This brand's operating philosophy and target customer base are different from ours, and we have a first-mover advantage, so don't be too anxious!"
Wang Yu in turn reassured his subordinates: "Whether it is services, operations or core products, we will only be better than CoCo milk tea in all aspects. Don't be superstitious about the so-called foreign monks who chant sutras. Let's compete in the market!"
After hearing Wang Yu's consolation, Wu Suqing felt a lot more relaxed on the other end of the phone: "They attacked the Yangcheng market first, and our layout in Yangcheng has only been completed for one-third. As you said, it doesn't matter if they come with bad intentions. It doesn’t matter if it’s a foreign monk or not, let’s try it first in the market!”
"Well, I'll go back to Magic City in a few days and summon the product research and development department together. I'll come up with a few new flagship products to suppress their enthusiasm!"
Wu Suqing immediately felt relieved when she heard this. She knew that since the first store of Fruit Tea CC, more than 80% of the best-selling new products were developed by Chairman Wang Yu.
Now the chairman has taken action again at this point in time. We must grasp the timing of the launch of these new products!
After hanging up the phone with Wu Suqing, Wang Yu smacked his mouth.
In my past memory, CoCo still has a position in the entire milk tea market. No matter how it ranks in the top ten, it will definitely occupy a place.
It is unrealistic to completely squeeze it out of the market, and the target customer groups of the two brands are different.
As long as you stay calm, continue to improve service quality, and innovate core products, Fruit Tea CC will be in an invincible position!
After spending a weekend with Zhang Jingyan, Wang Yu returned to Jinlin Peninsula to pick up Wen Jing and Misha.
To Fu Li's surprise, Wen Jing didn't even ask about the other girl, so she packed her bags and followed Wang Yu back to the Magic City.
The next day after returning to Magic City, Wang Yu went to Jinmao to work, and Jiang Weilin ran over.
Wang Yu thought Jiang Weilin was doing it for CoCo, but he didn't mention it at all.
"Zhou Wuyang teamed up with several people to set up an asset management company. Hehe, he still has to rely on resources!"
"Asset management company?"
"Juntai Asset Management Co., Ltd.!"
Jiang Weilin said with a smile: "I think I got Ou Jun and the others to do it together. They wanted to enter the Magic City business district with great fanfare."
"It shouldn't be that simple!"
Wang Yu frowned and said, "People like them really want to live off resources, why don't they make quick money and have to be like this?"
Being stunned by what Wang Yu said, Jiang Weilin put away his smile: "What you said is a bit unreasonable."
“What is their main business scope?”
"excuse me, may I ask!"
Jiang Weilin blushed for a rare moment, and then made a phone call. Not long after, he raised his head and said to Wang Yu with a solemn face: "You really guessed it!"
"?"
"The main business scope includes investment management, enterprise management, entrusted asset management; investment consulting; equity investment; corporate asset reorganization, mergers and acquisitions and project financing; financial consulting; entrusted management of equity investment funds; domestic trade; investment and establishment of industries."
"There are only four companies in China: China Huarong Asset Management Company, China Great Wall Asset Management Company, China Orient Asset Management Company, and China Cinda Asset Management Company."
At this point, Wang Yu suddenly paused, and some key information flashed in his mind.
Jiang Weilin smiled bitterly and said: "You can see it too. I guess they have sources from above and know that the country may want to let go of this area, so they took the opportunity to take it first."
"I'm afraid there's more to them than that!"
Wang Yu shook his head and said: "It is still too slow to make money just by dealing with non-performing assets or integrating resources. There may be some information levels that we don't know about. Let's take a look. Their focus must be on corporate asset restructuring and mergers and acquisitions."
Jiang Weilin looked at Wang Yu in shock.
"Why are you looking at me? I'm just making a bold guess, but it may not be accurate!"
"In addition to Juntai, they also registered another company!"
Jiang Weilin took a few puffs of his cigar before continuing: "The name is Juntai Cultural Tourism Co., Ltd.!"
"Tsk, culture and tourism, Chaoyang green and health industry, are the objects of strong support from the country!"
By the time Jiang Weilin said the word "culture and tourism", Wang Yu had roughly understood, and his guess was not too far off.
"This thing is really hard to play without personal connections!"
"It's not that it relies on resources, it's a bit of a sideshow, but it uses market-oriented methods, but it's not, anyway, that's awkward!"
Jiang Weilin figured it out now, smoked cigars, and returned to normal.
"I'm afraid they are aiming to go public!"
Wang Yu mentioned it lightly, and then joked: "It doesn't conflict with your business, and it's not a job grabbing behavior. Why are you paying so much attention to Zhou Wuyang?"
"We are watching the show by the way, but are you really not aware or are you pretending not to know?"
Jiang Weilin looked at Wang Yu with some surprise: "There are rumors in the circle that Zhou Wuyang and Wei Yutong are on a blind date, but you haven't heard anything about it?"
"."
Wang Yu wanted to complain: Should I know?
Looking back on the first time I met Wei Yutong after the New Year, I did mention that her family forced her to go on a blind date, but she didn't tell Wang Yu who she was going on a blind date with.
No wonder the European army looked at him so strangely during the last golf competition, and he has basically had no contact with him recently.
Before, Ou Jun met Wang Yu because he misunderstood the relationship between Wang Yu and Wei Yutong. Now that a blind date appears, Zhou Wuyang, Ou Jun will naturally understand that he has made a mistake.
"Wei Yutong and I have nothing to do with each other. I really don't know how you spread the word."
Wang Yu could only smile bitterly: "If this matter reaches the ears of Wei Yutong's family, ask me a little bit."
"Hahaha"
Seeing Wang Yu's look, Jiang Weilin burst out laughing, and then said, "I really don't believe it when others say that, but looking at you, it seems that we really made a mistake!"
"I asked you why you came all the way here today. You don't even care about Du KeCoCo. You only talk about Zhou Wuyang!"
"Don't you mistakenly think that Zhou Wuyang and you are competitors?"
"."
Since Jiang Weilin had mistakenly heard the rumor, the topic naturally turned back to CoCo.
"You don't seem to be in a hurry?"
Jiang Weilin watched Wang Yu light up his second cigarette and said with a smile: "I asked you to smoke cigars instead. I haven't even smoked a third of it, and you've already smoked your second cigarette!"
"Wu Suqing reported the situation to me a few days ago. What's the rush? The two milk tea shops have different target groups of customers. What's more, the market is so big, it's impossible to be overtaken by the Guocha CC family. Eat it!"
Wang Yu raised the cigarette in his hand: "It's better to smoke this one!"
“How big of a cake do you think the domestic milk tea market can be?”
Without answering directly, Wang Yu raised a finger.
"Ten billion?"
Jiang Weilin marveled for a moment, and then said: "Our Guocha CC family alone cannot capture such a big market!"
"Not 10 billion, but 100 billion!"
"?"
Jiang Weilin's hands trembled, and the cigar in his hand almost fell to the ground.
"In a large market with a population of more than one billion, a cup costs an average of 70 yuan, and only billion cups are sold in a year!"
Wang Yu crossed his legs, smoked a cigarette leisurely and said with a smile: "If you spread it out over a year, it's only 20 million cups a day!"
Slowly, Jiang Weilin's eyes began to shine, and his lips trembled as he said, "Doesn't that mean our fruit tea CC?"
"As long as we maintain our position as the leader or top three in the milk tea industry, we can still capture a market share of 10 billion a year!"
Jiang Weilin's breathing became heavier and he felt that the 13% of the shares he received was so worth it. He was like a hen that could lay golden eggs.
"If it comes to market"
"Why don't you wait?"
Wang Yu said with a smile: "I don't even need to disclose my financial statements. As long as I pay taxes in full, I can use my annual profits however I want. Isn't it nice for us to keep silent and make a fortune?"
After hearing this, Jiang Weilin had to give Wang Yu a thumbs up.
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