Chapter 385: Chapter 387: The Three Major Groups Strike Back
Leng Xuan: “Number Three and Number Four, follow him and be careful.”
Yuan Feng’s strength is quite formidable. We must remain vigilant.
Afterward, Qin Hao led his team back to the office building and had soone notify all departnt heads and higher-ranking staff to go to the eting room for a conference.
In the eting room, Qin Hao and Li Bao sat in the main and deputy seats, respectively, with the original deputy directors, directors, departnt managers, and heads seated below them, totaling more than twenty people.
All these individuals were looking at Qin Hao with varied expressions, so worried, so bewildered, and so extrely nervous.
Qin Hao turned to his secretary and asked, “Has everyone arrived?”
Cao Xue: “Mr. Qin, all the managent staff above the head level are here.”
Qin Hao looked at the crowd and said, “Today, Divine Eagle Special Bodyguard Company will officially be renad Flying Leopard Security Company.
All departnts will for the ti being keep their personnel unchanged; everyone will maintain their current positions. Does anyone have anything they wish to say?”
“Mr. Qin, will there be any changes to our salary and benefits?” asked the forr deputy director of Divine Eagle Special Bodyguard Company.
Qin Hao: “It will remain the sa for now; I will observe for a period. If the performance is acceptable,
then we will apply the salary system of Flying Leopard Security Company, which offers a salary significantly higher than what you’re currently earning.
When I’m not here, Mr. Li, Li Bao, will take charge of all major and minor matters in the company, and he has the full authority to dismiss anyone.”
Divine Eagle Special Bodyguard Company’s various departnts weren’t very large, but there were many special security personnel, with four to five hundred people employed.
After the eting, Qin Hao had the finance departnt staff stay behind, and they checked the finance departnt’s bills.
The company didn’t have any debt, but it also lacked liquid capital. Last night, Yuan Feng had already arranged everything, taking away all the liquid funds, approximately tens of millions.
Definitely unable to continue using the original staff for this crucial finance departnt, Li Bao intended to transfer a few individuals from Jiangshan.
Of course, these people wouldn’t be dismissed; however, they just needed to be observed, as the company’s financial statents had to be handed over to our own people.
Having dealt with everything, Qin Hao left, and Li Bao escorted him on the way.
“Have Li Yang and his people co over yet?” Qin Hao asked as they walked.
Li Bao: “They’ve been notified already; they should arrive by tonight.”
Qin Hao: “Li Yang is a quite stable person. In the future, let him take charge of the training here; also, arrange a few more bodyguards. Leng Xuan and his crew aren’t enough.”
Li Bao nodded, “Hao, are we still training? We already have over three hundred people, and just the monthly salary expenses for these people are nearly twenty million.”
Qin Hao: “Continue training and expand to five hundred people for now. No need to recruit new people; start with training those from Divine Eagle Special Bodyguard Company.
All those who join the Flying Leopard Team and learn Fighting Skill must sign a life-and-death contract.”
Li Bao: “Understood, Hao.”
Qin Hao: “The pace of expansion can be slowed down for now; accept business if it cos, and involve so of the people from Flying Leopard Security’s structure.”
Divine Eagle Special Bodyguard Company has a significant reputation in Jianghai City, and even now with the na change, there will still be business; it’s just a question of how much.
Latterly, Qin Hao went to check on Jiangshan Roasted Duck Company. By now, both Jiangshan and Jianghai have begun reforms, establishing the Southwest Region and the Xuandong Region.
Both are of equal rank, Feng Xiangyi has no authority to manage over there, and likewise, they have no authority here.
The financial systems have also been separated, with Jiangshan Roasted Duck Company earning a net profit of sixty-four million last month.
Xinghui Wine earned over eight million, and now that Xinghui Wine has acquired Da Yuan Wine Group, coupled with advertising benefits,
the inco for Xinghui Wine is set to skyrocket this month, and its profitability might even surpass Jiangshan Roasted Duck.
Wine doesn’t need us to sell it in stores; we can sell it directly to those dealers and big malls.
An Linxuan and his team had already begun developing high-end Xinghui Wine, which was the most premium Xinghui Wine, with the current tentative market price being over four thousand a bottle.
This was also a high-end spirit produced specifically for the upper echelons of Xuan Country’s society.
The effects of this premium Xinghui Wine were even more significant.
The sales target for this wine was the upper society of Xuan Country, and Qin Hao didn’t feel the slightest discomfort earning money from these people.
In the blink of an eye, three days passed, and Jiangshan Roasted Duck Company had completed its reform and restructuring.
The celebration of Jianghai University’s anniversary was getting closer, with just one day to go.
That morning, Qin Hao received a ssage: Huai Costics had been targeted by the Tang Group for a competitive strike.
Wherever there was a Huai Skincare store, you could see Tang’s Skincare next to it.
The efficacy of both brands’ skincare products was actually similar, but Tang’s Skincare had better brand recognition and spot-on advertising and promotion, and they were also engaging in sales promotion.
The discounts were substantial, with a significant impact on Huai Skincare.
In the past, Huai Skincare would account for about two-tenths of the market share, aning that out of ten custors, two would choose Huai Skincare.
But now, being targeted by Tang’s Skincare, their share had fallen to just about one point three-tenths.
Seeing the intensity of Tang’s Skincare’s promotional activities, it didn’t seem like they would end anyti soon.
Not just Huai Skincare, but Zhu Huasheng’s Shenglong Jewelry was also targeted.
The three major groups joined hands with a veteran jewelry company to launch promotional activities and wage a price war.
The transaction volu of Shenglong Jewelry’s mid-and low-end products plumted drastically.
Later on, Shenglong Jewelry and Huai Skincare responded by launching their sales promotions at the first opportunity.
Although it would an losses, if they did not retaliate, the market share stolen away would be very hard to regain later.
Without a market share, the products would not sell, and bankruptcy would not be far behind.
However, if promotional activities continued indefinitely, companies with limited liquid funds could equally be dragged down.
The situation was not favorable for Huai Skincare. Shenglong Group, with its large scale and ample funds, wasn’t concerned about such promotional activities.
The main issue was that Huai Skincare, having just been targeted by the Tang Group, was now facing the combined forces of the three major groups.
It wouldn’t be easy for Su Mingzhi to hold on, in fact, it was very difficult.
Shenglong Group and Huai Skincare were flagship enterprises of Jianghai City Shuinan Comrce.
If they fall, Jianghai City Shuinan Comrce would exist in na only.
It was clear that the Tang Group, Ruixing Group, and Huaqing Group were targeting Shuinan Comrce.
They also wanted to deal with Qin Hao’s companies but found no way to do so, as Jiangshan Roasted Duck already had a dominant position that they simply couldn’t block.
Unless there were better-tasting cooked food products introduced, could there be anything tastier than Jiangshan Roasted Duck? Almost impossible to find.
There was also Xinghui Wine, where the mid-and low-end brands were very low-priced, especially the low-end wines at about thirty yuan a bottle.
It was now almost the most popular low-end wine, and no other wine’s promotional activities could help because the quality of the wine simply wasn’t up to par.
Upon hearing this news, Qin Hao’s eyes flickered with sharp light; he still had a set of skincare developnt technology in his system’s inventory.
He could use this to help Huai Skincare escape the crisis, and even use it to counterstrike.
But he wouldn’t just give it away to Su Mingzhi; he wanted to take control of Huai Costics Company.
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