Chapter 3890

For this year's Spring Festival, Su Xingyun's family still came to Linshan to spend the holiday. Although the weather in Linshan was very cold and the snow was heavy, the weather in Shangjun County that year was not necessarily any better; the snow was also heavy, and due to a lack of experience in dealing with it, Shangjun County frequently experienced power and water outages during this period, making life very abnormal. Coming to Linshan, however, there were not so many such issues.

With Su Xingyun's family coming to Linshan, the Su household suddenly became much livelier. In any case, the Su family lived in a detached villa in the Standing Committee residential area, so there was no worry about a lack of space to stay.

Su Xinghui only ate the New Year's Eve dinner at home before going out to attend events. He was now the mayor, and many activities like group greetings required his attendance. He also had to go and offer condolences to those veteran cadres, garrison officers and soldiers, as well as those impoverished masses and the staff who insisted on staying at their posts during this time.

During these days, he could almost only return home in the early hours of the morning, and he truly felt how busy a mayor could be.

On the third day of the Lunar New Year, Lu Xiaoya still took Niuniu to the capital to accompany Lu Zhenghong and his wife for the New Year. Although Lu Zhenghong was also busy, he still possessed human emotions; he hoped to see his grandson. Niuniu was already nearly eleven years old, growing up to be very tall and handsome, his height almost catching up to Lu Xiaoya's. Seeing that the Su family had a son who had just grown up made Lu Zhenghong and his wife incredibly happy.

Because Su Xinghui was too busy now, he had no time to go out to pay New Year's calls to his elders. In Linshan City, besides wishing the entire city's people a Happy New Year on television, he only made one trip to Qian Jianan's house. In any case, the two families lived close by, so a visit didn't take much time.

Although Qian Jianan had always been somewhat targeted toward Su Xinghui, Su Xinghui was, after all, the second-in-command, and the first-in-command was far older than him, so it was necessary for him to pay a New Year's call to the first-in-command; this was a courtesy that had to be fulfilled.

Upon arriving at Qian Jianan's house, Qian Jianan was still very enthusiastic. He kept Su Xinghui for a meal and drinks, and Su Xinghui did not decline. Having a meal at Qian Jianan's house, the two could be considered to have had a harmonious time.

Qian Jianan's son was also nearly thirty years old, but Qian Jianan made him call Su Xinghui "Uncle," which made Su Xinghui feel completely uncomfortable. He quickly said, "Secretary Qian, let's address each other separately. I will call you Secretary Qian, and he can just call me brother."

Qian Jianan's son was also quite uncomfortable. He followed what Su Xinghui said and called out "Mayor Su." He worked in Yanzhong City and did not usually come to Linshan, only coming to Linshan during the New Year to spend the holiday with his parents. He had no experience calling someone in their thirties "Uncle."

Qian Jianan did not force it. He frequently drank with Su Xinghui, saying some auspicious words, hoping that in the new year, everyone would have smooth work, good health, and a happy family.

On the surface, it appeared there was no friction between Qian Jianan and Su Xinghui, but only Su Xinghui himself knew that the rift between him and Qian Jianan was irreparable, which made Su Xinghui feel very regretful as well.

However, since things had reached this point, Su Xinghui had nothing more to say. All he could do now was strive to do his surface work well so that others would have nothing to say.

The Spring Festival was over, and everyone began to return to a state of intense work. Linshan now had much better development than before, but in terms of work state, it was also much tighter than before. Of course, in terms of income, everyone had also improved very quickly, so everyone was still very willing.

This year in Linshan, the momentum of economic development would be even stronger than last year because many investments would only exert their effects and be completed and put into production this year. Moreover, the new district of Linshan City would be built better and better because the fiscal revenue of the Linshan Municipal Government had also doubled compared to last year, so the investment in fixed assets and infrastructure was also becoming larger and larger.

Just after the Spring Festival this year, many more investors came to Linshan, preparing to invest here. This was the Matthew effect; the better Linshan developed, the more investors would come to invest.

The package of agreements for Tongbao Group's investment in Linshan had been signed. They would invest over one billion in Linshan to establish a manufacturing base and an organic pasture. This project was also one of the key projects for Linshan City this year.

Although the investment amount for this project was not particularly large, this project could drive Linshan City's agriculture and animal husbandry, effectively increasing the income of Linshan City's farmers and herdsmen, so the municipal government attached great importance to this project.

Xing Guodong and Weng Jingyao both personally accompanied Teng Huarong to inspect the site selection for the organic pasture. The several counties to the north of Linshan City all had excellent grasslands, lush with water and grass, especially north of the Beidian River, where there were large tracts of prime pasture. Teng Huarong took a fancy to this place at a glance and decided to locate Tongbao Group's organic pasture here.

The negotiations for Tongbao Group's acquisition of Shuanglin Dairy had also reached a critical moment. Now, the differences between the two sides were not in terms of price; the price had basically been settled at about seven hundred million. Now, it was mainly about the workers of Shuanglin Dairy, who needed to be fully taken over by Tongbao Group. In addition, the local government where Shuanglin Dairy was located also had some other requirements.

Of course, these differences were all very normal and could be resolved through negotiations; it just required time. In short, Shuanglin Dairy being acquired by Tongbao Group had almost become a foregone conclusion.

This result was sigh-inducing. Once upon a time, Shuanglin Dairy had almost become the hegemon of the domestic dairy industry, especially in infant formula, where they were the undisputed leader. Yet, just because of one scandal, they lost the opportunity to turn things around and were eventually acquired by Tongbao Group, a smaller player in the industry that had been far inferior to them before.

This was truly a classic "snake swallowing an elephant" operation, and Shuanglin Dairy's massive assets were ultimately worth only seven hundred million, which was also very sigh-inducing.

However, this price could not be considered low because Shuanglin Dairy's scandal had caused them to suffer heavy losses, especially that wave of return frenzies and the huge compensation payments, which had severely damaged Shuanglin Dairy's vitality and left it riddled with debt. For Tongbao Group to be able to spend seven hundred million to acquire Shuanglin Dairy was already quite an achievement.

In fact, some dairy companies had inquired about the acquisition of Shuanglin Dairy, but they were all just asking for the price; there were not many with genuine sincerity to take over. After all, life was not easy for almost all companies in this industry now. Tongbao Group could be considered the only one with a bright outlook here, and the only buyer with genuine sincerity was Tongbao Group.

For the local government to be able to sell off Shuanglin Dairy at such a price could be considered a long sigh of relief. If they couldn't sell it off at this time, just the monthly wages alone would be enough to make these government officials' hair turn white with worry.

Just think about it: a former major taxpayer had now become the biggest burden on the treasury. How many people could withstand such a contrast?

After Tongbao Group took over, at least the wages of these workers would be guaranteed, and their taxes would not be taken away but would still be paid to the local government. Anyone could calculate such an account.

Many people were not optimistic about this acquisition by Tongbao Group because they were very pessimistic about the prospects of domestic milk powder, and Tongbao Group's own scale was too small. With a "snake swallowing an elephant," if the digestion ability was not good, it was feared they would choke to death.

A behemoth like Shuanglin Dairy also had many problems of its own; internal relations, as well as relations with the local government, were difficult to straighten out in a short time. If Tongbao Group could not digest it smoothly and could not let Shuanglin Dairy's assets exert their effects as soon as possible, losses could be foreseen.

However, Tongbao Group itself was still very confident because their main product was also infant formula. After taking over the core assets of Shuanglin Dairy, they did not need too much integration to resume production.

In addition, Tongbao Group had already negotiated with Yu Ruizhi and others. Yu Ruizhi and the others would form a consortium to cooperate with Tongbao Group to acquire Shuanglin Dairy together and establish a branch of Tongbao Group in Hebei Province, with both sides holding a certain percentage of shares.

Although Teng Huarong did not know Yu Ruizhi's true identity, the public identities of Yu Ruizhi and these people were already scary enough. With such powerful shareholders, what relations could they not straighten out in Hebei Province?

Acquiring Shuanglin Dairy had another benefit for Tongbao Group, which was that they could possess Shuanglin Dairy's sales channels, which was very important.

Shuanglin Dairy had at least been the hegemon of domestic infant formula for several years. Their quality was average, so naturally, they had very powerful sales channels. In fact, Shuanglin milk powder's channels across the country were very broad, and almost every province had Shuanglin Dairy's distributors. This was Shuanglin Dairy's most core asset.

Now that Tongbao Group was about to acquire Shuanglin Dairy, they naturally would also be about to possess Shuanglin Dairy's sales channels.

Tongbao Group had done a very good job in quality control and corporate management. Their biggest weaknesses were three: first, capital; second, fame; and third, channels.

Now, with the cooperation with Yu Ruizhi and the others, Tongbao Group had no problems with capital. And the previous series of publicity, especially becoming the exclusive sponsor of the Chinese Olympic delegation, made Tongbao milk powder leap to become one of the most famous brands in the country. If they possessed Shuanglin Dairy's channels again, it would be difficult for Tongbao Group not to soar into the sky.

It was truly a pity not to expand the scale as soon as possible with such fame that Tongbao Group had now. Relying on building manufacturing bases one by one by themselves was too slow. They now needed to carry out acquisitions to expand their scale, and acquiring Shuanglin Dairy was their first step, which would set Tongbao Group on the broad road to becoming an industry giant.

Making Tongbao Group a giant in China's dairy industry was also something Su Xinghui was happy to see happen. Compared to those old-school industry giants, Tongbao Group had more conscience and quality was more guaranteed. Why not let them rise?

Now, with Su Xinghui's ability, it was really not too difficult for him to make a company rise and become an industry giant. Teng Huarong could also be considered quite lucky; he made the best choice at this best timing, and all of this contributed to the rise of Tongbao Group.