The passionate years starting from the college entrance examination

Chapter 328, Acquisitions and Investments
October 1966 was a very quiet month.

There is still no National Day military parade in Beijing, but on National Day, many people still go to Tiananmen Square to watch the flag-raising ceremony.

At the same time, many people held some activities on Chang'an Street, attracting many citizens.

Chen Guohua and his family did not join in the fun, but went to visit nearby attractions.

The capital city in this time and space is very different from the original time and space, but the specific difference cannot be said.

There are not many high-rise buildings in Beijing now, and the tallest building is only the Military Museum, which is 94.7 meters high.

But even without high-rise buildings, Beijing is still developing rapidly. After all, in the original time and space, there was no Majuqiao Industrial Park, let alone Zhenhua Research Institute.

To say that the fastest growing city is Baiyun City.

Baiyun City in the south was the first to arrive, and its rapid development is definitely the most jaw-dropping.

Liu Guanzhong of China Resources has been promoted. I believe that in a few years, Qi Chunsong will definitely be promoted as well, as long as nothing goes wrong.

There have been more than three industrial parks near Sanyuanli, almost connected, but not completely connected.

The home appliance industrial park is the largest, because the home appliances produced here are not only supplied to China Resources, but also to white glove companies.

The home appliances supplied to white glove companies are not fully produced products, but relatively complete product parts.

These parts will be shipped by sea to other regions such as Europe or Australia. After being assembled by local workers, they will be shipped to terminal sales areas such as Europe and the Americas for sale.

This is the so-called OEM production.

It was obviously a product from the Mainland, but after traveling around Europe, it suddenly became a product made in Europe.

In order to hide their identities, these white-glove companies are racking their brains.

But no matter what, the current development of these white glove companies in Europe and the United States is relatively healthy, and no one is investigating them.

The one that is slightly more dangerous is Qianduoduo Supermarket. After all, this company is developing too fast and its revenue data is eye-catching, so it can easily attract the attention of interested people.

After all, there are too many consumers who go to Qianduoduo Supermarket to shop every day.

Many of the products shipped out from Baiyun City every day are shipped to Qianduoduo Supermarket.

Therefore, there is not only a home appliance industrial park in Baiyun City, but also a comprehensive industrial park.

All products are produced in the comprehensive industrial park, such as tables and chairs, trash cans, tableware, seasonings, sausages, snacks, etc. that are commonly sold in supermarkets.

The types of products sold in Qianduoduo Supermarket already exceed tens of thousands, and this number is even continuing to soar.

There are hundreds of kinds of seasonings alone, including different types of tomato sauce, chili sauce, soy sauce, oyster sauce, bean paste, etc.

It stands to reason that North America may not need these bean pastes, but there are ways to use these bean pastes.

For example, there will be instructions on what sauces should be added when eating noodles, how to add them, etc.

For North America, which is a food desert, the emergence of these sauces can be said to have liberated those housewives.

As we all know, North America is a country of immigrants, and there must be a lot of delicacies from all over the world coming to North America. However, many people cannot find some ingredients, seasonings, and side dishes that are only available in their respective hometowns in North American shopping malls.

Besides, as far as the world is concerned, the region with the most delicious food is definitely the mainland.

The Chinese have taken root in various countries around the world and brought countless delicacies with them. The eight major cuisines have flourished abroad, and even based on local characteristics, they have created delicacies that suit the local climate and taste.

But no matter what, the seasoning area is one of the reasons why Qianduoduo Supermarket maintains its high popularity, and it is also the focus of profitability.

However, in New York, North America, Qianduoduo supermarket in the city center had just opened less than half a month ago, but something happened today.

Someone came to make trouble in front of the supermarket.

Many people gathered in front of the entire supermarket, probably as many as a thousand people by visual inspection.

Since the opening of Qianduoduo Supermarket, the supermarket has been very busy from the opening time of 8 a.m. to the end of business in the evening.

So at this time, not only are there many consumers in the supermarket, but the door is also blocked.

The entrance to the supermarket in the urban area was not a very wide square to begin with, so now that there are so many people, the entire entrance is full of people.

"Fake, damn capitalists, the food you sell is not only expired, but also poisonous. Look at my son, he became like this after eating it."

A white couple and a little white boy were making a lot of noise at the door. They looked like shrews and their voices were extremely shrill.

The little boy was pale, foaming at the mouth, and looked very painful.

It was the first time for Bryce, the supermarket manager on duty, to encounter such a situation, but he still understood that at this time, he should let the little boy go to the hospital for treatment instead of making a noise at the entrance of the supermarket.

As a result, his good intentions were regarded as guilty by the white couple, "You are shirking your responsibility. Do you think that after we cure the child, you won't have to pay for it?"

"I'm telling you, your supermarket must go to the hospital with us right now and pay for the medical expenses."

When Bryce heard this, he had to ask someone to immediately notify the superiors and ask them to hurry up and think of a solution. At the same time, he could only follow the white couple to the hospital.

The onlookers nodded immediately when they saw Bryce leaving with the white couple and the little boy.

Qianduoduo Supermarket is still very responsible. When something happens, it will find a way to solve the problem as soon as possible instead of shirking responsibility.

Just when the excitement was about to dissipate, someone else suddenly stood up and demanded compensation.

"The chili sauce sold in your Qianduoduo supermarket is not authentic chili sauce at all. Anyway, I had a bad stomach two days ago and spent more than thirty dollars on medical treatment. You must compensate me."

Some people raised their arms like this, which actually caused more people to boo, and they all followed suit, trying to take advantage.

Most of the melon-eaters who originally wanted to leave stayed where they were and did not leave.

To be honest, this is a rare scene.

Not long after Qianduoduo Supermarket opened, it has become a trend that has swept the entire New York.

Many people know very well that after the opening of Qianduoduo Supermarket, too many people gathered here.

The entire Qianduoduo Supermarket is very large, with a total of two floors. Each floor has an area of ​​more than 5,000 square meters, and the two floors together exceed 10,000 square meters.

In fact, if you think about it this way, a supermarket of 10,000 square meters is not very big.

Take the Sears department store diagonally opposite Qianduoduo Supermarket as an example. They usually have five floors, each with an area of ​​3,000 square meters. The fifth floor is 15,000 square meters, which is even larger.

However, the daily traffic of Sears department store is only about 10,000 people.

If it was before the emergence of Qianduoduo Supermarket, then Sears Department Store would definitely be the king among the kings in terms of foot traffic.

However, the flow of people in Qian Duoduo Supermarket exceeds 30,000 people every day. On weekends, the flow of people will exceed 40,000, or even higher.

Anyway, in the short half month since its opening, the average daily traffic of Qianduoduo Supermarket has reached 38,000.

Very scary data!

However, the traffic at the Sears Department Store diagonally opposite has plummeted, with only about 6,800 people.

The traffic dropped from 10,000 to only 6,800, and the loss was all money.

Therefore, the horror of Qianduoduo Supermarket can be seen from the changes in the flow of people.

Based on this, now that there are people taking the lead in making trouble, there will naturally be no shortage of people who take advantage of the situation.

Bryce, the duty manager, was not on site, but something happened again, so the deputy manager or supervisor had to come out to take charge.

However, the person in charge of this management level does not have many powers.

Seeing things getting bigger and bigger, the supervisors became a little anxious.

What should we do?

Fortunately, Carl Bryan, who received the pager text message, came to the scene immediately.

"What's the situation? Are you asking for compensation? And you, right? There are twenty-seven people in total. OK, come and register first. We will handle this matter in the office."

In order to quell public outrage, Carl Bryan did not immediately choose to call the police or forcefully argue with customers.

In many previous meetings, Chen Yuanchao has emphasized that the customer is God as the service tenet. If an emergency occurs, regardless of whether the customer is right or wrong, the customer must first be calmed and not antagonized.
Because once there is confrontation, it is easy to intensify the contradiction and make the whole thing more complicated.

Therefore, the best way is to appease the customer's emotions first.

As for whether the customer is right or wrong, or the supermarket itself has service problems, these can all be solved calmly and slowly in the office.

However, Jimmy, the young man who led the trouble, directly said loudly:

"No, what if you don't admit it when we get to the office? You capitalists have too many tricks. We don't believe that you are so kind and care about the lives of ordinary people like us."

"Don't be fooled. If you want to solve the problem, then solve it here."

Carl Bryan's face instantly darkened, and he almost arranged for someone to take away this damn Jimmy.

It's so nasty!

At this point in time, if you still don’t know that someone is deliberately causing trouble and want to pay Duoduo Supermarket to look good, there is no need for Carl Bryan to mess around.

This is very obvious. There are people, or to be more precise, there are competitors who want to make money in Duoduo Supermarket.

So who is the opponent who wants a lot of money but cannot run a supermarket?
There is almost no need to ask. Sears Department Store is one of the most likely merchants to take action, just because they are diagonally opposite Qianduoduo Supermarket 1.5 kilometers away, which is not very far.

There is also Target Supermarket, which is just two kilometers away. It is also not very far from Qianduoduo Supermarket.

However, Qianduoduo Supermarket adheres to the operating principle of low profit margins and uses many promotional methods to attract consumers from a few kilometers nearby.

It can be seen from the huge flow of people in Qianduoduo Supermarket every day how much business it has taken away from the surrounding area.

The two rivals, Sears and Target, must be very angry with Qianduoduo, the disruptor.

Carl Bryan almost couldn't help but call for help, but at this time, Chen Yuanchao led people to the scene.

Mevlut, Firstenberg and others also arrived at the scene. They arranged for supermarket staff to help evacuate the crowd near the door.

At the same time, it also appeases other people who followed the trouble and gradually disintegrated the idea of ​​​​the leading young man Jimmy.

Soon, the entire scene was finally cleared.

At the same time, Jimmy and others were also taken to the office, and the police also arrived.

Qianduoduo Supermarket had just arrived in New York to open a business not long ago. Logically speaking, the police would not listen to Chen Yuanchao and the others.

But before he came here, Chen Yuanchao directly sent $50,000 worth of guns and ammunition to the police station to support the security construction of the police station.

This is a donation!

At the same time, he also gave the police chief five thousand US dollars as a favor fee.

In this way, even if the police department wanted to continue to help Sears and Target supermarkets, it could no longer do so.

After all, no one can always say no in front of U.S. dollars, not to mention ordinary people like the police department. When faced with the corrosion of capital, they have always had an attitude of not rejecting anyone who comes.

When Jimmy and other young people faced the police, they were very arrogant at first and wanted to do whatever they wanted.

After being taken to the police station and educated, everyone became honest and explained everything clearly.

"You guys are really capable. It's just five hundred dollars, so you can sell your dignity?"

When the police knew that Jimmy and the other troublemaking youths chose to come to Qianduoduo Supermarket to cause trouble because of money, they were immediately speechless.

It is said that people die for wealth and birds die for food, and this is indeed true.

While the police were busy interrogating Jimmy and other troublemaking youths, Chen Yuanchao, after appeasing the supermarket and others, urgently contacted his uncle in the capital to communicate with him about the matter.

After Chen Guohua learned about this, he immediately laughed and said:

"This is a good thing."

"Ah? Uncle, what kind of good thing is this? Our Qianduoduo Supermarket has been hacked, so why is it still a good thing? Uncle, are you making a mistake?"

Hearing his uncle's words, Chen Yuanchao was dumbfounded.

"Why isn't that a good thing?" Chen Guohua still said with a smile:

"This shows one thing, that is, the Qianduoduo Supermarket you operate has seriously affected or even restricted the development of other competitors, forcing them to think of other tricks to deal with you."

"If your Qianduoduo Supermarket's strength is average, you might be in trouble this time."

"But it doesn't matter. You can make this matter completely public and let those competitors shoot themselves in the foot."

After getting his uncle's approval, Chen Yuanchao took action.

Vengeance must be avenged, never overnight!

After Jimmy and other young people were interrogated, the truth came to light.

In this case, it was time to take the opportunity to make the matter public, not only in front of Qian Duoduo Supermarket, but also to let Jimmy and other troublemaking youths disclose their crimes in public, and also tell the cause and effect.

Even the chain of evidence is ready.

As for whether Jimmy and the others are willing?

Needless to say, under the threat of money and power, young people like Jimmy have no choice at all.

Therefore, at the entrance of Qian Duoduo Supermarket, many people who had watched the incident in the morning also continued to watch the confession scene in the afternoon.

The matter spread quickly, and Chen Yuanchao also contacted the TV station and asked the TV station reporter to report the incident exactly.

In the New York headquarters office of Sears Department Store, President Crete has seen the news and also knows what happened at the entrance of Qianduoduo Supermarket.

Suddenly he was so angry that he cursed his mother.

In the office, Crete dropped his desk several times and emptied it.

There were messy documents, water glasses and other things everywhere on the floor, which looked very messy.

"Fake, Fake Chanduoduo Supermarket, Fake Harris."

Harris was the third-party leader he found. The other party originally promised very well and would complete the task perfectly. This would definitely make Qianduoduo Supermarket scrambled and its performance plummet.

It's a pity that this Harris is just a fool. Not only did he fail to complete the task, but he also brought dirty water to Sears.

As a giant in the North American retail industry, Sears was at its peak in the 1960s. With its booming performance, it was the most powerful retail company in the United States.

As a result, Qian Duoduo Supermarket, a rising star, has caused so much trouble. It would be unkind to not avenge this!
Out of anger, Crete forced himself to calm down and then think about countermeasures.

The first thing is to get through this negative crisis and give consumers an explanation.

Needless to say, the stock market must have plummeted now. How much the stock price has dropped is unknown.

But if it is not dealt with, the board of directors will definitely hold them accountable.

The second is to find ways to increase the traffic of Sears department stores and improve revenue data.

If you want to find more ways, you can only brainstorm.

Let’s have a meeting!

At the meeting, many senior executives from Sears Department Store came, including managers from several stores in New York.

When a group of people gather together for a meeting, it will inevitably be as noisy as a vegetable market.

Faced with the onslaught of Qianduoduo Supermarket, Sears really couldn’t resist.

Qianduoduo supermarkets are popping up everywhere. When they choose their stores, they almost always choose locations near Sears department stores.

"How about we contact the shareholders. I remember that the second shareholder is very powerful. He will definitely be able to prevent Qianduoduo Supermarket from continuing to open branches in New York."

In the conference room, someone suggested this. They were all so frightened that they could only think of these tricks.

The business strategy of Qianduoduo Supermarket is very simple, but very effective.

Based on this, if Sears doesn’t take the initiative to solve these problems, I’m afraid something could easily happen.

Once the city of New York is occupied by Qianduoduo Supermarket, the headquarters of Sears Department Store will probably fall.

You can't beat Qianduoduo Supermarket in the base camp, let alone other places?
As for letting Sears implement a low-price strategy, how is this possible?
Sears department stores all let merchants settle in, and a small number of them are self-operated properties of the department stores, so they mostly collect rent.

The prerequisite for collecting rent is naturally enough traffic.

However, most of the current traffic has been taken away by Qianduoduo Supermarket, plus some direct competitors such as Target Supermarket and Macy's Department Store.

As a result, the traffic of Sears Department Store will only steadily decline, especially the bloody little shark of Qianduoduo Supermarket, which is quite cruel.

Qianduoduo Supermarket has so many attractive strategies that it is difficult to guard against them.

The huge number of parking lots, ultra-low price strategy, and numerous promotional methods are not only good quality and low price, but the key is that the service is very good.

Therefore, Sears Department Store has no chance of winning against Qianduoduo Supermarket.

There is no other better way than to use crooked tricks.

When Crete heard this, he shook his head in disappointment, feeling that he didn't know what to say.

Through this method, can Qianduoduo Supermarket be able to retreat from the difficulties?
That is impossible.

"Okay, I asked you to come to the meeting to make suggestions, not to make fun of you."

After the other executives stopped drinking and came up with crooked tricks, Critter continued:
"We, Sears, want to maintain our dominance in the retail industry and must change our strategies, so you must discuss with merchants how to attract more customers back instead of just watching those customers disappear. "

"Also, if we want to make it difficult for Qianduoduo Supermarket, we must think of other ways. For example, if the fire protection equipment is not up to standard, or the building quality of the shopping mall does not meet the standards, we must prevent them from successfully building a good store. Don't Let them open so quickly."

"These are all strategies that can delay the situation for a while. The most important thing is to curb the development of Qianduoduo Supermarket."

Soon, the meeting ended. There were many solutions, but there were almost no solutions that could bring huge trouble to Qianduoduo Supermarket.

Crete submitted the compiled strategy to the board of directors.

After Chairman Johnson Brooks and others read it, they thought of a way: acquisition!

After learning about this method, Crete was shocked. The damn board of directors really used this simple and crude method.

If Sears Department Store can successfully acquire Qianduoduo Supermarket, I am afraid that its status in Crete will plummet.

After all, the development of Qianduoduo Supermarket is so rapid that Sears Department Store will definitely not be able to beat the former.

When Qianduoduo Supermarket has more and more stores and its revenue exceeds that of Sears Department Store, its status in Crete will decline.

How to do?
Let’s serve it cold!
He has no power to stop the board of directors from making decisions and must fully support them.

Soon, the board of directors of Sears Department Store decided to acquire Qianduoduo Supermarket through a meeting.

Chen Yuan received the news quickly from his side and was speechless for a moment.

They just came to buy their Qianduoduo Supermarket, but they are about to acquire it later. This is so shameless!

Needless to say, Sears is really good at thinking of such a way.

Unfortunately, Qianduoduo Supermarket cannot be acquired.

Previously, Mirris, the manager of Chase Manhattan Bank, wanted to acquire Qianduoduo Supermarket, but wasn't he also rejected?

Miris even used listing as a temptation, but Chen Yuanchao was not fooled at all.

Qianduoduo Supermarket has not yet reached the time to go public, and even said that it does not need to go public.

In North America, a capital country, it is not necessary to go public to attract more funds.

What's more, although Qianduoduo Supermarket's revenue data is off the charts, its profits are indeed too low.

The profit margin of 2.5% per thousand is really too low.

Therefore, listing may not bring much financial support to Qianduoduo Supermarket.

It’s also good to just sit tight at first and develop slowly.

Johnson-Brooks was rejected by Chen Yuanchao without hesitation. The acquisition negotiations were shattered without even starting, and there was nothing that could be done about it.

However, Sears Department Store President Crete was relieved when he learned that Qianduoduo Supermarket rejected the acquisition request.

However, since there is no way to become a sister company, how to maintain Sears Department Store's position in the retail industry is what he, the president, needs to consider.

When Qianduoduo Supermarket encountered various troubles, a membership-based supermarket opened in Los Angeles in California.

As the world's first membership-based supermarket, its opening has aroused huge discussion among many people.

The annual membership fee of one hundred and ninety-nine dollars keeps most people out.

"Is this supermarket crazy about money? It charges a membership fee of US$199 so frantically?"

"Shit, are you blind? Didn't you see what the brochure said? There are many services that members can enjoy."

"Tch, what's the discount? How much discount can it get? There are many supermarkets on the East Coast, but they are super low-price supermarkets. You don't know, but they sell fried chicken wings for a penny."

"I'm too lazy to tell you, haven't you seen this? You only need to spend twenty US dollars to get a free half-hour local phone call coupon? There are also this discount coupon and the prices of these products, don't you know? Do you want me to lend you a Huayue calculator?"

After seeing the advertisement, many people started talking about it.

On the first day of operation, there were not many people entering the supermarket, but there were still enough 2,000 consumers to apply for membership and enter the supermarket.

After these two thousand consumers entered the supermarket and paid the bill, they felt like they were making a lot of money.

Compared with Qianduoduo Supermarket's high quality and low prices, membership-based supermarket Kaishike also has a wide variety of products, and the most important thing is that the quality of the products is very high.

It looks like high-quality products, such as the fruits, many of which are exquisite fruits wrapped in exquisite packaging, and the prices are not very expensive.

According to normal logic, such exquisite packaging must be very expensive, but this is not the case.

Therefore, these consumers became excited after viewing these products.

In addition, they can also enjoy many invisible services, which is definitely the ultimate service experience that cannot be experienced in other supermarkets.

So even though Costco Supermarket requires an annual membership fee of $199, it's really worth it.

Therefore, from the first day, the reputation of membership-based supermarkets blossomed all over Los Angeles and quickly improved.

With word of mouth spreading among the first group of members, more members have joined.

In just one week, Costco has more than 100,000 members, and the membership fees alone have exceeded 20 million US dollars.

Twenty million U.S. dollars, this is a huge amount.

This revenue alone is worth learning from other retail companies.

"Farke, how did they do it?"

Crete, the president of Sears Department Store, also obtained relevant intelligence information and knew that Costco Supermarket collected more than 20 million US dollars in membership fees in such a short period of time. This is more impressive than robbing a bank. .

The key is that they just opened a supermarket, why are they so outrageous?

Not only Sears feels that the retail industry is difficult to do this year, but also Macy's, Woolworths, Gibson, K Supermarket, Target Supermarket and other companies have all felt the difference in the retail industry this year.

There are so many strong rising stars coming.

Qianduoduo Supermarket is already very impressive. It has opened nearly twenty stores in just a few months. The key is that its traffic and revenue data are very impressive.

Kaoshike Supermarket, which has just opened its doors, is also a strong competitor in the retail industry with explosive revenue and customer return rates.

What to do?
Costco Supermarket has already selected branch locations around Los Angeles, Seattle and other western regions to accelerate its industrial layout. Several supermarkets implementing different supermarket strategies have also emerged.

The rise of many supermarkets has caused panic in a small area of ​​the industry. For example, Sam Walton of Wal-Mart Supermarket is very scared.

Arkansas, home of Wal-Mart Stores.

Sam Walton gathered his family and several managers for a small meeting.

So how do you get through this?
The business strategy of Qianduoduo Supermarket is almost the same as that of Wal-Mart Supermarket, but the development speed of Qianduoduo Supermarket is very rapid.

The first Wal-Mart discount store, Wal-Mart Supermarket, was established in 1962. Now it has twenty supermarket stores, but even so, it is still not as good as Qianduoduo Supermarket.

Comparing the two companies, Wal-Mart Supermarket is like a teenager who needs to learn many things and lacks experience.

But Qianduoduo Supermarket is like an experienced middle-aged man who knows everything and can do everything well. This is not something that Wal-Mart Supermarket can compare with.

Obviously Qianduoduo Supermarket has only been established not long ago, but their store size, revenue, profitability, market prospects, etc., all surpass Wal-Mart Supermarket.

There's no way to compare.

Not to mention that there is now another membership-only supermarket in Los Angeles.

This membership-based supermarket seems to be very high-end, different from ordinary poor consumers, but its strategy is right, and it provides high-quality products and high-quality services at relatively low prices.

No wonder so many people like to visit Costco supermarkets.

This is not just curiosity, but also because Costco Supermarket is really awesome.

Based on this, if Wal-Mart supermarkets do not change, it will be difficult for them to develop.

"Listing, Sam, we need to speed up the pace of listing, we can't delay it any longer."

One of the executives said in an urgent tone:
“We need more funds to open more stores. Only by adding more stores can our revenue and profits keep up. We can get ahead of other competitors and expand quickly instead of letting them take away the market. Already."

This is a very good statement, but does listing mean that it can be listed on the market?

Sam Walton looked thoughtful, but inside he was extremely anxious.

On the one hand, Wal-Mart Supermarket needs more funds to develop and expand itself. On the other hand, he is worried that the control of Wal-Mart Supermarket will be taken away, so he is very entangled.

In addition to the need for funds, it also needs more talents. These are the most urgent problems facing Wal-Mart that need to be solved.

The meeting ended quickly, and Sam Walton finally decided to consult with banks about loans and other large capitals to see if it was possible to raise financing first, and then talk about listing the company.

Beijing, Zhenhua Research Institute, through the news passed back by Chen Yuanchao, Chen Guohua learned that Wal-Mart Supermarket hopes to introduce new shareholders.

"Invest! You must invest."

This is Chen Guohua's advice to his eldest nephew, "However, don't come forward in person, but find a third party to come forward and negotiate the matter."

Chen Guohua doesn't know whether Wal-Mart Supermarket will work.

But compared to Qianduoduo Supermarket, Wal-Mart Supermarket is obviously more "North American", and its bloodline is also purer.

Not to mention other things, investing in Wal-Mart supermarkets is definitely a sure-fire business.

Even if Qianduoduo Supermarket develops better in the future and squeezes out the development space of Wal-Mart Supermarket, they can still coexist.

A market as big as North America can certainly allow multiple supermarket brands to coexist.

What's more, in the history of the original time and space, it is not unreasonable for Wal-Mart Supermarket to be the best.

Even in this time and space, the emergence of Qianduoduo Supermarket may make Wal-Mart even more aggressive.

Therefore, no matter what, even if it is just a financial investment in Wal-Mart Supermarket, you will definitely make a profit.

As for the waste of resources, it does not exist at all.

Costco Supermarket was created by Chen Guohua, and so are many more supermarket brands.

Even now, Target supermarkets, Gibsons, Woolworths, K supermarkets, etc. all coexist in the North American market. Anyway, it is the survival of the fittest, and success is the last laugh.

"Uncle, we don't have that much money now." Chen Yuanchao heard this and spread his hands helplessly.

"Don't Wal-Mart only have 20 stores now? Are their valuations very high? With Sam Walton's dominance, he will definitely not release many shares, so how can you not have enough funds?"

Chen Guohua was puzzled, but his nephew mentioned that it was the white glove company he ran, and he only handed over part of the funds last week.

The funds currently reserved are funds reserved for business operations and cannot be easily accessed.

Qianduoduo Supermarket is still expanding, and it also requires a lot of money. This is not something that can be done simply by allocating funds.

"Since you don't have enough funds, then find a bank loan. No matter what, you must win the investment from Wal-Mart Supermarket. There is no need to be so coy."

Hearing what his uncle said, Chen Yuanchao nodded, indicating that he understood.

"Next month is your wife's due date. Do you want to come back to the capital to take a look then?"

Suddenly, Chen Guohua thought of something and said this to his eldest nephew.

When Chen Yuanchao heard this, there was a trace of tenderness in his eyes.

Speaking of which, his wife Dong Jingxue has been spending less time together and more separation since she married him.

During the Spring Festival, his wife was pregnant with the child. Now it is already October, and it is indeed almost the due date.

"Uncle, I can't leave at all now. There are a lot of things here in North America and things on Hong Kong Island. I haven't been back to deal with them for three months."

Hearing Chen Yuanchao's slightly helpless tone on the other end of the phone, Chen Guohua also fell silent.

It is true that men should focus on their career, but if possible, who doesn’t want to be able to take care of both career and family?

As Chen Yuanchao said, the white glove company he is responsible for has now shifted its focus to North America. On the contrary, the business on Hong Kong Island has gradually become less important.

Of course, companies such as Hong Kong Commercial Daily do not want to do anything anymore, they can only control it remotely.

"Let me tell the leader that it would be better for you to come back. Not only to see your children, you should at least meet your wife and your mother."

"Uncle, let's talk about it then."

"Why don't we talk about it until then? You should take care of things in North America during this period of time. You will have to come back then. This matter has been settled."

Chen Guohua glared and said forcefully:
"Let me warn you, although you have been performing tasks outside, your heart must not be wild. If you do anything outside, you will see how I will deal with you."

Hearing these words, Chen Yuanchao suddenly felt helpless and aggrieved.

His mind is filled with career, so how can he think about the love between his children?

What's more, the plan his uncle gave him was full of various tasks that needed to be performed, all in order to earn more funds for the mainland.

The last point is that the bodyguards around him are not just bodyguards, they also want to monitor him.

Do you really think that Xia Xinrui, Lu Qingqi, Wang Zhenbiao, Xun Yuancheng and others are just bodyguards?

Although Chen Yuanchao is only seventeen years old this year, it does not mean that he is a young man who does not understand anything. On the contrary, since he began to carry out the task of running and managing a white glove enterprise in September 1964, he has understood a lot of things.

"I understand, uncle, I'll hang up first."

"Well, remember, whatever you do is good. You are not alone. Behind you are not only our family members, but also our powerful motherland."

"Uncle, I know, I will definitely never forget it!"

"That's good, let's do this for now!"

After hanging up the phone, Chen Guohua was in a daze for a while, and then he picked up the phone again and contacted Qiu Zongyue to report on the investment in Wal-Mart Supermarket and the return of Chen Yuanchao to China.

After hearing this, the latter was full of doubts.

Why invest in Walmart Supermarket? Do you want to acquire Wal-Mart Supermarket?

(End of this chapter)