Chapter 260: The Giant Cotton Company Unifies the Domestic Response to the Colonial Team of the Frost Empire(2/2)
They also thought that if Jumei Cotton Company kept the status quo and didn't deal with them, they would sooner or later catch up.
However, unexpectedly, in the recent domestic economic downturn, Jumian Company took action, and the action was still so powerful that it was irresistible!
The senior executives of Huancai Company held a meeting for three days, and then made a decision that violated their ancestors - to sell the company to Jumian Company!
There is no way, judging from the current situation, they obviously cannot beat Jumian Company. Instead of spending so much money to fight a battle that is destined to lose, it is better to admit defeat quickly and save some strength to do other things.
Luo Yin was somewhat surprised when he learned that this fantasy color company actually proposed to be acquired.
But this is a good thing. For the shareholders of Fantasy Co., Ltd., it has saved a lot of money.
Luo Yin didn't care about the acquisition, and asked Pulan to operate it.
Final Fantasy Textile Company sold it to Ju Cotton Company at a low price, including all factories, some raw materials, employees, etc. As for their cotton, Puran did not want it. After all, the cotton is of poor quality and is expensive.
After acquiring Huancai Textile Company, Pulan directly changed it to a Giant Cotton Branch, and Huancai Textile Company disappeared from then on.
This acquisition is fast and low-key.
But after all, it is the top two textile companies in China, and many people have noticed it. When the products of Jumei Cotton Company suddenly dropped, some people are paying attention.
But no one expected the speed to be so fast, and it ended in just a few days.
Fantasy Textile Company has become history, and Jumang Textile Company has become the leader in the domestic textile industry. This incident has caused a slight increase in the stock price.
This should have been a big rise, but because the situation in China is quite complicated, it cannot rise.
Luo Yin doesn't care about these things, but Pulan is somewhat regretful. Now the stock price of Jumei Cotton Company has risen to 150 million, which means the market value is 150 million. He thought it could reach 200 million, but now it seems that it is still a lot short of it.
[To be honest, I have been using wild fruit reading to read books and follow updates recently, changing sources and switching, and pronunciation aloud for many tones, www. Android and Apple are available.]
When Jumei Cotton Company became the leader in China, Luo Yin looked at other industries and seemed to have mostly become leaders in their respective industries?
Tulip Gum Industry Company is the leader in the domestic sugar industry and the only existing sugar industry company, with an absolute monopoly!
Jumian Textile Company, the leader in the domestic textile industry, occupied 80% of the national market after acquiring Huancai Company, and it is also a monopoly.
Violet Food Company has become a leading company in the domestic food industry with just one can! However, canned food is a bit monotonous after all, and Luo Yin is going back to enrich the products.
These are companies that Luo Yin holds 100% holding, and some are not 100% holding, but are also industry leaders.
Qiongbi Military Industry is now also a leading military industry enterprise in China! Its company occupies 40% of the domestic local market and 80% of the domestic export market!
Not to mention Qiongbi Beer, after it appeared, it had no rivals and became the number one beer company in China.
Chenxi Steamer is also a leading domestic company. All other domestic steamer companies are not enough to be used by Chenxi Steamer.
Finally, there are Qiongbi Railway Company, Qiongbi Stock Exchange, and Wangdu Stock Exchange. These are without competitors, with absolute monopoly, and of course they are also leaders.
In addition, some other companies that have not become the industry leader for the time being but are very profitable... Luo Yin received a total profit of 3500 million last month!
Including the 300 million gold given by the old king and the money he originally had, Luo Yin had a total of 4 billion funds that he could mobilize!
This does not include the money from royal funds, Bauhinia Bank and Stokato Bank depositors, otherwise it would be fine if Luo Yin could mobilize 50,000 billion.
This is also one of the reasons why Ken is unwilling to touch Luo Yin.
However, in China, many of Luo Yin's businesses have reached the limit, so they need to expand out. The nearby small country was handed over to Lucia, and Luo Yin was about to wait until when he had time, he would go to the Tianlang Empire to see the situation.
However, before going there, we naturally had to make preparations. So Luo Yin directly exchanged 1.6 billion yuan worth of gold!
Anyway, he is now the major shareholder of Stokato Bank, so there is no problem in exchanging gold or even exchanging Sirius coins.
With the previous 400 million yuan, Luo Yin has a total of 2 billion yuan worth of gold in his hands.
It sounds quite a lot, but gold is very expensive. The 2 billion gold is equivalent to 40,000 Stokato United Kingdom gold coins, or four tons of gold. According to the density and volume of gold, it is almost as big as two suitcases.
Luo Yin directly put all the gold in his spiritual space, making it easy to carry.
Then Luo Yin exchanged another 100 million Tianlang coins, which means he spent 100 million United coins.
There are still a lot of gold in Stokato Bank, but there are not many Sirius coins. Luo Yin suddenly exchanged more than half of them. If it weren't for the fact that he was a major shareholder, he would not be able to exchange them even if he spent money.
As for the remaining one billion United Coins, Luo Yin did not move. He handed the money directly to Misha for custody, and Lucia could apply for it. It was regarded as the working capital prepared for these domestic companies in case of emergency needs.
A few days later, Luo Yin came to Novia and asked her to try distilling the wine. The wine has not been done yet. Luo Yin asked her to ask her if she was interested in setting up a dairy company.
Novia is very experienced in making drinks, and she is also her own person, so Luo Yin thought of her.
Novia didn't know that Luo Yin was studying milk. She was very curious. When she heard Luo Yin say that it could be kept for a long time, Novia's eyes lit up.
This is indeed a good thing!
So Qiongbi Dairy was established so naturally.
It is still the same rule. Luo Yin and Novia each occupy half of the shares, and then Luo Yin produces skills and Novia becomes a coolie.
Novia directly stated that since she worked with Luo Yin, she has more work every month than in the previous year! She has lost weight recently.
Luo Yin felt a little distressed, and then fed Novia well for a few full meals to make her look radiant.
Novia is going to work on Qiongbi Dairy.
Luo Yin put forward a slogan, "One pound of milk a day, it will be strong for the Chinese people." With his current energy, the starting point of business can be higher.
For example, Qiongbi Dairy, Luo Yin plans to cooperate with the city hall to promote the milk they produce to every household in the city.
If the results are good, it will start promoting nationwide.
Without a special milk company in China and no one knows how to preserve milk, Luo Yin believes that Qiongbi Dairy will completely occupy the domestic market in no time...
And at this moment, the royal capital government suddenly contacted Luo Yin.
He said he wanted to invite Luo Yin to discuss the matter about Breka.
Luo Yin was a little helpless. Prime Minister Ken kept thinking about hiding the blame.
In fact, things he can decide with just one word, but he just dares not, just want to share the responsibility.
Luo Yin can understand that after all, the election will be changed in more than a year. If Ken doesn't make any major mistakes, he can be re-elected.
For a prime minister, no one doesn't want to be re-elected, and he is no exception.
So in this case, some of his decision strategies became much more conservative.
This time he invited not only Luo Yin, but also other large companies in China. These large companies have one thing in common, that is, they all have industries in Breka.
Then it would be reasonable to invite them.
Although Luo Yin was a little disgusted with Ken's fault, he decided to go and have a look.
After all, he still has three mines in Breka.
After arriving at the capital, Luo Yin went to the palace first as usual.
However, this time, Meiweis seemed to have received the news in advance, and she was not surprised by Luo Yin's arrival. She even sent Belinda away in advance.
This made Luo Yin speechless. Why did this woman guard him like a thief?
However, defense was useless. Luo Yin tried to bully her for a while, and asked him to squeeze his legs, and then poured wine for Luo Yin. It was not very harmful and extremely insulting.
After the meeting of the royal capital government was about to begin, he let Meweis go and came to the parliament hall without hesitation.
After Luo Yin came, many people came over to say hello to Luo Yin. Most of them didn't know Luo Yin, but he was also an old-fashioned shop and he was able to handle it with ease.
Ken came with a group of officials, and without saying nonsense, he announced the start of the meeting.
"You can raise any opinions and suggestions about Breka. After all, these are all things that are closely related to everyone!"
Everyone looked at each other, but no one spoke.
Ken was not in a hurry. After waiting for a while, he suddenly asked Luo Yin.
"Mr. Luo Yin, don't you know what you want to say?"
Everyone looked at the young man with some anticipation. Luo Yin had long been respected by everyone with his abilities.
Luo Yin was not polite, he said directly:
"I don't think I have to be afraid, just fight them."
As soon as this said, everyone was a little surprised.
What a guy, that's so tough!
"Oh? Can you tell me what you think?"
Ken's eyes lit up.
What he cares about is not whether to fight or not, but Luo Yin obviously has his own ideas. With Luo Yin's current identity and status... he is qualified to take this blame!
Luo Yin looked at Ken with a smile, and then said:
"Because I believe in Prime Minister Ken! I believe that under Prime Minister Ken, we will definitely defeat any strong enemy!"
Chapter completed!