Wake up suddenly, back to the time when my wife and daughter had an accident

Meng Haisheng pondered that if the Yumu Group's acquisition of Shengyi Electric Appliances failed, they would probably turn to directly invest in building a TV factory.

It has to be admitted that the island country's TVs do have certain advantages in some aspects, especially in screen technology.

In the past few years, Meng Haisheng has been actively researching TV screen technology, but has not yet surpassed the island country. However, he can completely make up for this tiny gap in TV screens through price.

In the face of price advantages, no matter how good the TV screen is, it is difficult to arouse the purchasing desire of ordinary people.

"Boss, the Yumu Group has contacted several domestic garment factories before, wanting to promote their company's industrial sewing machines. But in the end, due to price issues, the negotiations were unsuccessful." The assistant reported.

"If we prevent them from acquiring Shengyi Electric Appliances, will they turn to a price war with us?" Meng Haisheng pondered.

"Since I can drive the island country's sewing machines out of the domestic market once, I have the ability to do it again." He said confidently.

"However, this must be based on fair competition. I observed that the Yumu Group began to use some dishonorable means as soon as it arrived in China. I guess their boss's character is not very good."

"In order to gain an advantage in the domestic market in the later period, they will definitely use some shady means. You ask Zhang Lei to send people to keep a close eye on the Yumu Group. If they really dare to do bad things to us, we must treat them in their own way and not let them look down on our Chinese businessmen."

"Yes, I will arrange it now." The assistant replied quickly.

Zhang Lei, who received the task, was at a loss whether to laugh or cry. As a mercenary, he is now doing the work of monitoring others every day, which is really boring.

At the same time, in Pengcheng Juye Building, Ji Yuanguiyang, the big boss of the Yumu Group, was meeting with a group of senior executives.

"Monica, how are things arranged? Has the capital chain of Shengyi Electric Appliances been completely broken?" Ji Yuanguiyang asked.

"Everything is going according to our plan. Now the bank has been chasing Shengyi Electric's loan, and downstream dealers are also defaulting on payments as we intended."

"As long as Shengyi Electric can't pay back the loan before June 4, the bank will sue them." Monica reported.

"June 4 is just a few days away. Have the workers' wages of Shengyi Electric been in arrears for two months?" Jiyuan Guiyang asked.

"Yes." The assistant replied.

"Manami, go and arrange a few people to create a commotion at the door of Shengyi Electric and demand payment of wages. Then, let our investment company continue to put pressure on Shengyi Electric. Our current goal is to force the senior management of Shengyi Electric to choose bankruptcy because they can't bear the pressure."

"Understood." Manami replied. Iwashita Manami is Jiyuan Guiyang's right-hand man, responsible for most of the company's external liaison work.

And Nakabayashi Monica is another trump card of Jiyuan Guiyang. As a mixed-race girl, she looks like a doll, but her work ability is extremely outstanding.

In the past few years, she has negotiated several big deals for Ji Yuan Guiyang, and thus gained his trust and attention.

"Shengyi Electric Appliances is already in our pocket. Whether we can fully impact the Chinese market depends on this acquisition. Everyone should be alert and must not take it lightly."

Ji Yuan Guiyang told everyone in the conference room.

He flew to Pengcheng specifically to boost morale and urge them to fight quickly. He was impatient and eager to get a share of the huge Chinese market.

"We must win." A senior executive said firmly.

"That's right, Shengyi Electric Appliances is already at the end of its strength. Now it's only a matter of time before we acquire them." Another senior executive added.

For the senior executives of Yumu Group, after a long period of planning, it is now time to reap the rewards. No matter how Shengyi Electric Appliances struggles, it will be of no avail.

On the other side, Meng Haisheng met with Tan Ziming and Shi Rongjin in a hotel box. There were only three of them in the box, and before the dishes were served, Tan Ziming hurriedly repeated the situation on his side in detail.

"How was the technology investment contract signed by foreign capital? Can I take a look?" Meng Haisheng asked.

"Of course, I brought it when I came today." Tan Ziming said, handing Meng Haisheng a stack of pre-prepared documents.

Meng Haisheng quickly browsed the contract, focusing only on the key parts, and soon finished reading more than ten pages of documents.

"Fortunately, you signed a technology investment contract based on projects at the time, otherwise Shengyi Electric Appliances would have to file for bankruptcy now." Meng Haisheng said, with a sharp light in his eyes.

"At the beginning, Yumu Group proposed to sign the contract on an annual basis, initially for at least five years. If the contract is signed after five years,"If the cooperation goes smoothly, we will renew the contract for another ten years."

"I was thinking at that time, if we sign the contract on an annual basis, if they fail to perform their duties during the contract period, wouldn't I suffer a great loss? So, I insisted on signing it on a single project basis."

"Now that I think about it, it's really fortunate that I didn't sign the contract on an annual basis. Otherwise, if Shengyi Electric Appliances goes bankrupt and reorganizes, I will have to bear a large amount of liquidated damages." He nodded gently, feeling emotional.

Shengyi Electric Appliances in front of him was riddled with holes by Yumu Group, and there were loopholes everywhere.

Meng Haisheng planned to acquire Shengyi Electric Appliances, and the first task was to separate Yumu Group from it. In particular, the 150 million yuan loan for goods must be repaid before June 4.

Otherwise, once the bank filed a lawsuit, it would be a thorny problem.

"Mr. Tan, the investment in your new washing machine factory is really huge. It cost 600 million yuan to buy the land alone, and a total of more than 700 million yuan was spent on building the factory and purchasing equipment. "

Meng Haisheng asked in surprise while flipping through the information handed over by Tan Ziming.

No wonder Shengyi Electric is in such a predicament. All their investment projects are supported by loans, and almost all of their annual profits are used to repay loans.

After being divided by the Yumu Group, there is almost nothing left.

"I was really blinded at that time and believed the sweet words of the Yumu Group. I thought our washing machines would be a big hit within a year." Tan Ziming smiled bitterly.

Meng Haisheng shook his head and smiled. Tan Ziming was obviously brainwashed by the Yumu Group. Fortunately, he woke up in time, otherwise he might not even know that he was betrayed by the Yumu Group.

"Although the living standards of our people have improved, there are still only a few families who can really use washing machines. It is not a wise move for you to invest in a washing machine factory on such a large scale." Meng Haisheng continued.

"And the production line you use is imported from an island country. In future production, I am afraid that you will be restrained by the island country. Everything must be arranged by them. "

Meng Haisheng invested in the washing machine factory himself. Although the investment was not small, his site selection and land purchase were carefully considered.

The built factory only occupies one-fifth of the purchased land. This is actually equivalent to hoarding land. As for the annual profit of the washing machine factory, he did not pay too much attention.

Some profit is enough, how much is not important. After a few years, the doubling of land prices can compensate for the profits of these years.

More importantly, he chose the route of independent research and development, and the washing machines he produced are more suitable for China's national conditions. Even if the profit is meager, more sales can guarantee income and avoid too much loss.

"Boss Meng, do you have any way to help me get out of this predicament? The current situation is really too difficult for me." Tan Ziming asked anxiously.

Meng Haisheng pondered for a moment, then slowly opened his mouth, revealing a hint of strategy in his words: "Boss Tan, some tricky situations sometimes require bolder measures to deal with.

We need to analyze the next strategy in detail and find the most appropriate solution. "