Chapter 1252 – Olympic Gas Partner
As expected, the Chinese automobile manufacturers found out they cannot do anything to the foreign brands. Their contracts only state the other party will authorize new vehicles to them. It did not state the details, and there’s nothing wrong with them giving them weakened versions of the car models.
The Chinese automobile manufacturers can only accept it, but they will not take it lying down. They imdiately research and learn the new models’ technologies and start to assemble their own cars.
Since you all want to play dirty, then don’t bla us for returning the favor. The Chinese automobile manufacturers start to exchange technologies among themselves and quickly develop a new car different from the authorized models. This new model will be sold under their brand, and it’s the results of their own research!
The Chinese automobile manufacturers will lower the production of the joint ventured cars to prevent the overseas brands from making money. This will also force them to authorize newer and better manufacturing technologies.
Of course, the Chinese automobile manufacturers know the foreign brands might complain or clash with them. But all the factories are in China, and they are the major and controlling shareholders. What’s there to be scare of?
At this ti, Bing City Machinery Manufacturing Group started a new marketing slogan. “Songjiang Motors, Beijing Olympic Gas Partner. 1,000 RMB will be donated to the Olympic Gas for every car sold.”
Olympic Gas Partner is just a sponsor with a different na. This is to make the Olympic Gas Committee looks good.
China’s Olympic Gas Committee has confird many partners. Still, they have not approved the partners from using ‘Olympic Gas Partner’ for their marketing.
But Bing City Machinery Manufacturing Group is different as they are the biggest sponsor and must be given special privileges. Their advertisents are approved by the higher-ups. If they sold more cars than expected, Bing City Machinery Manufacturing Group would increase its donations.
After this advertisent is released, everyone starts calling Bing City Machinery Manufacturing Group, including its subsidiaries, an ethical company.
Simultaneously, the joint ventured automobile manufacturers stopped their marketing, and Songjiang Motors’ sales increased. Their new model starts to sell fast.
Even the Little Genie, a budget car, is also selling well.
On the internet, many people are discussing the aning of Olympic Gas Partner. Songjiang Motors will donate money for every car sold. How are they going to benefit from that? Is the Olympic Gas going to give them a share of its profits?
Actually, no one knows what is going on, and everyone started guessing. All sorts of rumors started. Regardless of whatever rumor, it is good marketing for Songjiang Motors, and all the malicious comnts and rumors are deleted.
When the first Olympic Gas Partner is revealed, Wind and Rain Electronics started their new advertisent. They also advertised themselves as Olympic Gas partners and donated a large sum of money.
One week later, more Olympic Gas Partners appeared, and all of them promised to make huge donations.
Actually, they have already donated or sponsored money to the Olympic Gas Committee. Also, their sales increased after their product packaging are printed with Olympic Gas Partner.
The best example is Lehaha’s drinks. Lehaha promised to donate 1 cent for every drink they sold. It might not seem to be a lot, but their sales volu in China is astronomical.
During this period, people can see all sorts of Olympic Gas Partners’ advertisents on TV, along the streets, supermarkets, internet, etc. Even when people go to those small general stores to buy a bottle of soy sauce, they can see such posters.
......
“Why? We have also donated a sum of money. Why can’t we advertise ourselves as Olympic Gas Partner?” Pepsi’s person-in-charge of China market was questioned.
“I have said that you all can only start promoting after Athens Gas ended. Oh... but it is still not confird yet. If your sponsorship is too low, maybe you will have to wait until 2008 before you can start advertising.” The Chinese Olympic Gas Committee’s mber replied.
“You all are discriminating us! This is discrimination! We might be foreign companies, but we have set up factories in China and hired Chinese workers. We are also paying taxes to your governnt! How can you all treat us this way?!”
“This is not discrimination. You all have donated so money, but other people have donated more than ten tis than you. That’s why their advertisent ti is several tis longer than you. Isn’t this reasonable?”
“More than ten tis? How is it possible their donations are more than ten tis ours?! We are planning to donate 100 million RMB!”
To Pepsi’s representative, not many people in China can donate more than 100 million RMB, let alone more than ten tis this figure. This person must be lying!
“Is 100 million RMB a lot? There are more than 5 companies that have donated 2 billion RMB each, and there is one that has donated more than 4 billion RMB. Oh, there are also more than five companies that have donated over 150 million RMB. they are now marketing themselves as Beijing Gas Partners.”
The Pepsi’s representative jaws dropped. What did this man say? Soone has donated more than 4 billion RMB? That is equivalent to 500 million USD!
Who is this person? The global economy has been affected in the past two years, and almost all the tycoons’ assets have shrunk. Who can be so generous?!
The only possible person is Asia’s top Billionaire, Feng Yu. He is Chinese.
When the stock markets crashed in the past two years, Feng Yu is not holding on to any shares as he has dumped most of his shares, including his Microsoft shares, before the crisis.
That’s the reason why Feng Yu’s assets are not affected by the financial crisis. There are also rumors that most of his companies are not listed and are doing well in the past two years. His assets have increased too.
Of course, these are all rumors. have updated the World’s Richest Man list earlier this year, and Feng Yu is still in second place. But the following year, his net worth should increase further. Other billionaires’ placing on the list has changed, but Bill Gates and Feng Yu’s positions have not changed for many years.
“Do you still have any questions? If not, you can leave now. You will know if your company can start calling yourself an Olympic Gas Partner after 2004. We will inform you.”
The Pepsi’s representative left unhappily, and the young representative of China’s Olympic Gas Committee laughed.
What Feng Yu said is right. These people want to advertise themselves as Beijing Olympic Gas partners, and he inford his higher-ups about it. They will sign the contracts with them and then tell them they cannot advertise as their sponsorship is too low!
Of course, not everyone dares to do this, but this person is Feng Yu’s childhood friend and is very daring. Wen Dongjun is thrilled to fool these foreigners.
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