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Chapter 3867

~7 min read 1,390 words

The test results of Tongbao milk powder came out. Many authoritative domestic and foreign testing institutions conducted random sampling tests on their milk powder, and the relevant national departments of course would not be idle. They also conducted random sampling tests on Tongbao milk powder. This is what every milk powder enterprise will experience under the current situation.

The official national test results will have to wait for a period of time before they are released. This is because there are too many milk powder enterprises tested this time, and all the test results have to be released at once. And before they are released, of course, they need the consent of the leaders, so the time required will be slightly longer.

But the test reports of those authoritative testing institutions entrusted were sent to various media one after another. The test results proved that Tongbao milk powder does not contain melamine, and various nutritional indicators exceeded national standards, and the quality was even better than several famous foreign milk powder brands.

At this time, Tongbao milk powder published articles and videos to introduce the production base of Tongbao milk powder in Yanbei Province. Yanbei Province is a major province for animal husbandry. Here, the grasslands are lush, and cattle and sheep are leisurely eating grass on the grasslands. And not far from them, huge windmills of wind power generators are turning everywhere.

Such a scene made many netizens marvel. What a pastoral landscape this is!

Tongbao Company has advanced production equipment and well-equipped inspection rooms to conduct the most stringent quality checks on Tongbao Company's products. Their testing standards are much higher than national standards. Like those chemical raw materials that are not allowed to be added, their standards can even be said to be harsh. Basically, they do not allow any harmful additives in their products, ensuring that their milk is pure and natural.

This wave of publicity was still very effective. Soon, distributors of Tongbao Company in many cities called to ask for replenishment. Previously, because the Tongbao Company brand was not loud, Tongbao Company's products did not sell much outside Yanbei Province. Even if there were distributors, they only ordered a small amount.

But this time it was different. Tongbao Company's publicity made many families who were unable to buy milk powder abroad determine Tongbao milk powder as their first choice because those big-brand milk powders basically suffered a total defeat and none were spared. Since Tongbao Company's product quality is so good, why don't they choose Tongbao milk powder?

The information that consumers wanted goods was immediately fed back to the retail terminal, and the information from the retail terminal was immediately fed back to the distributor, and the distributor immediately fed it back to Tongbao Company. This is an information age, and the time for information feedback is far shorter than before, which can be said to be instantaneous feedback.

This put huge pressure on Tongbao Company's production capacity. Fortunately, Tongbao Company had been expanding for the past two years. They had laid out in advance in several cities in Yanbei Province, including Linshan City, and established production bases. Now, once they start full-scale production, the production capacity they can exert is huge.

Of course, even so, it still cannot meet the market demand because the national market is too large. Now a huge blank has appeared all of a sudden. Relying on one company to fill this blank is not very realistic. However, Tongbao Company can take this opportunity to occupy the largest piece of the market and eat the largest piece of the cake.

Teng Huarong also had a countermeasure long ago. He had already made preparations and was ready to acquire several large milk companies that he didn't even dare to think about before. The scale of these milk companies was larger than Tongbao milk powder. Before, if he thought about acquiring them, it would be like a snake swallowing an elephant, but now this tainted milk powder incident made the snake swallowing the elephant very possible.

The brand image of these milk companies has collapsed, but they all have a large number of workers to support. They are basically state-owned enterprises or enterprises with state shares. The state naturally cannot watch them collapse, but the state is not at ease letting them continue to operate on their own, and they don't have this ability. At this time, naturally, they have to let others acquire them.

After acquisition, changing the brand and changing the appearance, it is possible to come back to life. And who should be allowed to acquire? Is there anyone more suitable than Tongbao Company?

Tongbao Company is also a state-owned enterprise, with excellent product quality, outstanding reputation, and not bad strength. They can be said to be the best candidates for acquisition.

These days, Teng Huarong also frequently traveled between Baozhou and Linshan because he hoped Su Xinghui would check his acquisition plan. Actually, he also hoped Su Xinghui could be his backing. He knew Su Xinghui had an extraordinary background, and in this kind of acquisition, background is a big factor.

Now there are too many cases of state-owned enterprises being acquired, and many acquisitions are actually the clever taking and forcible seizing of powerful people. Although Tongbao milk powder has the best conditions, wanting to acquire these state-owned enterprises may not necessarily be successful because Teng Huarong is too small compared to those powerful people. If people get serious, where is he an opponent?

Su Xinghui of course also understood Teng Huarong's thoughts. Teng Huarong wanted to let himself help him, but he was also willing to help Teng Huarong with this favor. It is better for these milk companies to be acquired by Teng Huarong than to be acquired by other powerful people. Those people only know how to make money, while Teng Huarong can at least do things, and he also proved that he could do things well.

Su Xinghui gave Teng Huarong a reassurance, saying that Teng Huarong could help with any problems he encountered in the process of acquisition, including funds and relationships, which made Teng Huarong overjoyed.

He originally only thought about relying on Su Xinghui's background. Who knew Su Xinghui was also willing to help him with funds?

Although Tongbao milk powder has strength, it is still a little insufficient to acquire such large milk companies. After all, their scale is much smaller than those large milk companies. Even if their brand collapses and value depreciates, it is not something that can be acquired casually.

Teng Huarong originally intended to finance from the bank, but he also knew that it was not so easy to let the bank take out such a large sum of money. But now that Su Xinghui said he could help him with funds, there was no problem.

Teng Huarong knows Su Xinghui's strength. The funds Su Xinghui handles are hundreds of millions, even billions or tens of billions. His friends are also the heads of giant domestic financial groups. Helping him finance is simply too easy.

The reason why Su Xinghui agreed to help Teng Huarong finance is also because he is optimistic about the prospects of Tongbao milk powder. The market for dairy products in China is too large. As long as Tongbao Company takes this opportunity and does not have major mistakes in operation, it is completely foreseeable that it will soar.

And dairy products are an industry with very rapid cash recovery. After Tongbao Company acquires those large milk companies, it can be fully digested very quickly, and it will not take a year or two to recover the investment, so there is not much risk in this financing.

As for who to let finance Tongbao Company, Su Xinghui has too many choices. His friends, including the Yanbei State-owned Assets Management Group, can all finance.

After Teng Huarong took a reassurance, he returned to Baozhou to sit in command and prepare for this acquisition battle. Of course, wanting to acquire those large milk companies is not such a fast thing. At least we have to wait for the investigation of relevant national departments to end, characterize their problems, and finish pursuing the responsibilities of those responsible persons before it is possible to unfold. This will take at least a few months.

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End of Chapter

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