We are all reborn, who wants to be the richest man?
Chapter 96 Watsons’ Expansion
Far East Group's acquisition of an island country's enterprise is still stuck with the island country's government, but after several months of continuous public relations, there are already signs of loosening up.
In particular, the listing of Honor Games has greatly stimulated the nerves of the owners of various companies in the Fuji Consortium. They hope to cooperate as soon as possible to acquire more shares in other industries under the Far East Group.
In order to express their goodwill to Luo Nianzhong and show that it was not their fault, they also took action.
On Christmas Eve, the media in Hong Kong and Asia were all flooded with Watsons.
First, at the beginning of the month, it spent US$7.1 million to acquire 61.2% of the shares of the Japanese company Ajinomoto, giving it complete and absolute control.
In order to show goodwill in this company, the Fuji Foundation basically left no shares at all. I wonder if they will regret it in the future.
Ajinomoto is the company that invented MSG and is currently the fifth largest food company in the island country.
Winning Ajinomoto was also one of the conditions for Luo Nianzhong to agree to Fuji Bank's investment in Honor Games. However, he did not expect the other party to be so generous because he only asked for a controlling stake.
This food giant, which will be among the top ten in the world in the future, has supplemented Watsons' gaps in the field of seasonings, expanded its strength in the food and beverage fields, and made Watsons one of the giants in food retailing in Asia.
But these are not what Luo Nianzhong values most. What he values most is the MSG by-product research laboratory, which has just been established a few years ago and has not yet achieved much results.
Beginning in the mid-70s, Ajinomoto began to establish a research laboratory to study the by-products produced during the production of MSG, hoping to see if these by-products could be of any value.
This research laboratory later gave birth to products such as resin films, and also developed only 20 kinds of amino acids, making Ajinomoto one of the overlords in the amino acid industry.
Needless to say, amino acids play an indispensable role in daily chemicals, medicine, food and other fields.
From the later development of various amino acid skin care products and toiletries, we can see its important role and market size.
In fact, what Luo Nianzhong really values is not the amino acids, but the resin film technology.
Ajinomoto's resin film later almost monopolized the semiconductor market. It is not an exaggeration to say that it has choked the neck of global semiconductors.
With the continuous development of CPUs, CPUs are becoming more and more high-speed and integrated.
The circuits between nanometers need to be isolated from each other to ensure that they do not interfere with each other in order to function properly.
The current common practice in the industry is to continue the tradition and solve the problem by applying liquid insulator.
This approach is time-consuming and labor-intensive, and has a high error rate. The current chip yield is poor, and this packaging material is one of the main reasons.
Ajinomoto's resin film technology has completely changed this step, turning the original liquid insulation into a thin-film resin film.
Moreover, this kind of film has very good insulation and high temperature resistance, can accept various complex circuit combinations at will, and is easy to install.
This is why all chip manufacturers around the world are using ABF Ajinomoto deposition films.
It not only affects the chip industry, but also industries such as automobiles, home appliances, and electronics are also deeply affected by it.
Not to mention electric vehicles, even a fuel vehicle requires about a hundred chips and sensors to control the auxiliary system and navigation system.
This is why global car fluctuations and insufficient supply of smartphones are all related to this company, because no matter how good your chip is, if it cannot be packaged, you will not be able to use it.
Luo Nianzhong now only needs to spin off this research laboratory, and then follow the path Ajinomoto has played to completely become an indispensable part of the chip industry.
After all chips begin to be deposited with Ajinomoto films, it will not be so easy to do something about the Far East Group's industry. At that time, it will be Luo Nianzhong who will take the initiative, not any national government.
As for the path, there are only three points.
The first is the large number of patents that create patent barriers.
The second is that the volume is large but the profits are small, making it difficult for other companies to make a profit.
Finally, there is technology accumulation. The longer the time, the more technology is accumulated, and the better the quality.
Even if a new company develops this kind of material, it will be difficult to compare in terms of quality and cost-effectiveness in a short period of time.
Everyone thought that Watsons acquired Ajinomoto because it wanted to expand in the retail industry. No one knew that what Luo Nianzhong really cared about was Ajinomoto's R&D department.
After successfully acquiring Ajinomoto, before the integration was completed, Watsons announced that it would spend US$3.35 million to buy the exclusive rights to operate PepsiCo's KFC and Pizza Hut brands in Asia.
It also established a fast food company under its umbrella. In addition to the newly acquired KFC and Pizza Hut, it also invested in Chinese fast food chains Café de Coral and Fairwood in Hong Kong Island.
The first phase of the plan is to invest one billion Hong Kong dollars in Southeast Asia so that these four brands can quickly spread across large and medium-sized cities in Southeast Asia.
Because it cost US$3.35 million to acquire the exclusive rights to operate KFC and Pizza Hut in Asia, Luo Nianzhong was ridiculed by the beautiful Chinese media as the richest man already has too much money.
The only person who helped Luo Nianzhong was the president of PepsiCo who made the decision, but from his smiling face, it was not clear whether he meant it when he said that Luo Nianzhong had made a great deal.
The Watsons here are showing off their talents. In a four-story building near Far East Software Company, a fashion retail brand destined to go global was quietly established.
"Brother Zhong, how is this place? Although it's not big yet, it's enough for now."
Sitting in Guan Jiahui's office, she looked at Guan Jiahui, who was wearing a hip-covering skirt and stockings, sitting on the desk in front of her.
I don't know if it was intentional or not, but Luo Nianzhong, who was half lying on the office chair, was almost parallel to the top of her skirt, looming.
He wasn't sure at first, but when he accidentally looked up and saw a fleeting hint of cunning on Guan Jiahui's chattering little face, Luo Nianzhong still didn't know what was going on.
Without saying a word, he pinned her down on the desk and gave her a harsh lesson. In the middle, he asked her like he was educating a student, "Is this wrong?"
After being taught a lesson, Guan Jiahui stood up and rearranged her clothes, sitting sideways in Luo Nianzhong's arms, wrapping her hands around his neck and still complaining.
"Look at the wrinkles you've made on your clothes.
I asked you to come over and help me come up with ideas, so it would be better for you to teach me a lesson without saying anything."
"Don't take advantage of me and still act nice. Why don't you know what's going on? It seems like you have a bad attitude towards admitting your mistakes."
"No way, if you know I'm wrong, just ask the master to give me some advice, okay?" Feeling that Luo Nianzhong's big hand was about to move again, Xiao Nizi quickly begged for mercy.
"What's your idea?" Luo Nianzhong asked.
"What kind of clothes are you selling?" Guan Jiahui said ignorantly, with an expression on her face that said otherwise.
Luo Nianzhong smiled and pointed at the office door mockingly.
"You only have a few soldiers and generals in your company. Are you planning to get started right away?"
"Otherwise? I don't think many clothing retail companies are like this?"
Guan Jiahui didn't know where she was wrong. She had done some research, wasn't it always like this?
"They have an agent brand, they just need to find a few clerks and open a few stores. Can you be the same as others?"
After speaking, Luo Nianzhong picked up the pen and paper on the table and taught Guan Jiahui a good lesson.
“If you want to launch your own brand, you first need to know what direction to focus on, right?
This aspect can be diversified, such as underwear, women's clothing, and fashion brands targeting young people.
After you know the direction of your business, you need to find a large number of relevant designers. There are basically few in Hong Kong. I suggest you go to Europe to recruit high-paying designers."
After glancing at Guan Jiahui, who was confused, Luo Nianzhong continued, "The last thing is the store. You haven't even found a store and decorated it, but you want to sell clothes quickly? Set up a street stall?"
"Ah, I didn't expect that opening a clothing company would be so complicated. It's really troublesome."
After hearing what Luo Nianzhong said, Guan Jiahui felt like her head was getting bigger.
Holding Guan Jiahui's waist, Luo Nianzhong smiled and touched her little head, "Do you know what you lack most now?"
Guan Jiahui thought for a moment and shook her head.
"You should first find a qualified general manager and let him help you develop and manage the company better."
"Isn't that not my company? I still want to be a strong woman." Guan Jiahui pouted, obviously unhappy, and Luo Nianzhong was amused by her thoughts.
"Do you think I am managing the Far East Group now? But who dares to say that I am not a successful businessman?
As long as you visit the company regularly, grasp the general direction, and let everyone in the company know your existence, who dares to say that this is not your company? "
After speaking, Luo Nianzhong couldn't help but complain, "Besides, it won't take more than two years for a management company like yours to stop giving up?"
"No way, are they as miserable as you think?" Guan Jiahui obviously has different opinions on Luo Nianzhong's complaints.
Luo Nianzhong wanted to tell her to remove the word "?", but after thinking about it, he decided not to irritate her.
"Being a strong woman is hard work. In addition to eating and sleeping, you have to deal with various things in the company every day.
You don’t have time to go shopping or attend various banquets. Do you want this? "
"Won't she become a yellow-faced woman soon?"
Seeing Guan Jiahui's frightened little head shaking, Luo Nianzhong advised, "So you need to find a powerful professional manager, so that in the future you can go to work and go shopping whenever you want. How good would that be?"
Guan Jiahui, who understood better, nodded, "Okay, I will listen to you, then I will first find a qualified general manager."
After saying that, he put his arms around Luo Nianzhong's neck so hard that the two of them were almost touching each other, "Let Chris help me find it."
Luo Nianzhong rolled his eyes, "You won't tell her yourself?"
The two women in Luo Nianzhong's family have a good relationship with Chris, especially Guan Jiahui. When they have nothing to do, they go shopping, eat, and go out to play.
Now they spend much more time seeing each other than he does with Chris. Does he need to convey this kind of thing to himself?
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