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Chapter 4117

~7 min read 1,249 words

As soon as Teng Huarong entered Su Xinghui's office, Su Xinghui stood up and said with a smile: "General Manager Teng, hello! Long time no see!"

Teng Huarong had been very busy these past few months. After their Tongbao Group acquired the Shuanglin Group, they acquired some small dairy companies across the country and were completing their national layout.

In addition, they also built new dairy production bases and their own pastures in several cities, including Linshan City, where they built a dairy production base with a large production capacity and a self-owned pasture of tens of thousands of mu.

It was precisely because of these acquisitions and investments that Teng Huarong had become a frequent flyer these past few months, flying around the world almost every day.

This time, he came to Linshan because the Tongbao Group's dairy production base in Linshan City had been completed and put into operation. He came to attend the completion and commissioning ceremony.

Of course, another main reason was that he wanted to meet with Su Xinghui to express his gratitude. Tongbao Group's success today was inseparable from Su Xinghui's help. Not to mention anything else, regarding this acquisition and investment, if Su Xinghui hadn't helped him contact financing, he wouldn't have been able to come up with such a large amount of capital, and he would have lost this once-in-a-lifetime opportunity.

Take the assets of Shuanglin Group, for example. If it weren't for this storm, in a year's time, he might not have been able to buy such huge assets even if he spent twice as much money. And those smaller dairy production companies also chose to be acquired by other companies because they couldn't withstand such great pressure during this storm.

If he had lost this opportunity due to a lack of funds, Teng Huarong would have regretted it for the rest of his life.

Teng Huarong's gratitude to Su Xinghui was beyond words. This time he came to Linshan City to attend the completion and commissioning ceremony of Tongbao Group's dairy production base, and of course, he had to meet with Su Xinghui.

Teng Huarong said respectfully: "Mayor Su, hello. I've been very busy these past few months, so I haven't come to visit you. Please don't take offense!"

Su Xinghui laughed and said: "Why would I take offense? I've heard that your Tongbao Group has fought several beautiful battles over the past year or so and has now acquired several dairy production companies. Even Shuanglin Group has been acquired by you. You are a very busy person! How is the digestion of Shuanglin Group's assets going?"

Teng Huarong said: "The relationships have basically been straightened out. The local government supports our acquisition very much, and the workers have all returned to work and have already started production. Shuanglin Group's sales channels across the country have also basically been digested, and those distributors are now cooperating very well with us."

Su Xinghui nodded with satisfaction. He knew that Teng Huarong said these words easily, but in reality, the difficulty of digesting such a large Shuanglin Group was self-evident.

Su Xinghui knew that in his previous life, Shuanglin Group was acquired by another dairy company, but that dairy company had never been able to fully digest Shuanglin Group's assets, and some of Shuanglin Group's things even became their burden. This was a normal thing. After all, Shuanglin Group had great influence locally. How could it be easy to fully digest it?

Among them, some obstruction from the local government could not be ignored. They had local protectionism and did not want to see an outside company acquire a local star enterprise. This mentality was very subtle but very difficult to overcome.

Speaking of which, Tongbao Group's relationship with the local government was quite good, which also had something to do with Su Xinghui. Su Xinghui introduced Yu Ruizhi to Teng Huarong. With Yu Ruizhi's connections, there was of course no difficulty in smoothing out the relationship with the local government, which removed one of the biggest obstacles for Tongbao Group to acquire Shuanglin Group and digest their assets.

Su Xinghui said: "Then congratulations to General Manager Teng. You can soar into the sky in the future. I hope to see Tongbao Group take this opportunity to lead the national dairy industry!"

Teng Huarong said: "This is all thanks to Mayor Su's blessing. Otherwise, Tongbao Group wouldn't have today!"

Su Xinghui waved his hand and said with a smile: "Your Tongbao Group is an enterprise in Yanbei Province. As a local leader in Yanbei Province, supporting you is what we should do. So, don't mention this in the future."

Teng Huarong said: "The day after tomorrow is the day of the completion and commissioning ceremony of Tongbao Group's Linshan dairy production base. On behalf of Tongbao Group, I invite you to attend!"

Su Xinghui nodded with a smile and said: "Alright, I will definitely attend then. Congratulations to you all!"

Teng Huarong said: "Thank you, Mayor Su."

Su Xinghui said: "Your own pastures seem to be almost built as well. Will you be able to supply most of your raw materials yourself in the future?"

Teng Huarong said: "More than 80% of the raw materials for this dairy production base in Linshan can be supplied by ourselves. However, for production bases in other places, most of the raw materials still have to be purchased from outside. The next step is for us to continue to build our own pastures across the country."

Su Xinghui nodded. Building your own pastures is indeed a good way because the milk powder storm proved that if the dairy industry wants to control product quality, it must build its own pastures and establish a strict quality control system. And this is also a good way to control costs.

Building your own pastures is also a good thing for the local government, as it can vigorously develop the local pastoral economy and establish a complete industrial chain. Therefore, the local government will generally strongly support this matter.

The Linshan Municipal Government strongly supports Tongbao Group's establishment of its own pastures in Linshan City. Therefore, the construction of Tongbao Group's own pastures is very smooth.

Of course, building your own pastures is also a long-term process and cannot be achieved in a year or two.

If Tongbao Group wants to achieve the goal of relying on itself for most of its raw materials, it still has a long way to go. Therefore, most of Teng Huarong's energy in the future will be put into building his own pastures.

Su Xinghui said: "Your approach is correct. Building your own pastures is good for quality control and can also prevent you from being controlled by others."

Teng Huarong nodded and said: "Yes, that's what we think, so we will spend a lot of effort building our own pastures in the next few years."

Su Xinghui said: "If there is anything else we need to do, you can just say it. As long as it is something we can do, I will not refuse."

Teng Huarong said: "That would be great. There will definitely be places where I need your help then."

Su Xinghui said: "But let's say it first, you can't do anything that violates principles!"

Teng Huarong said: "You can rest assured about this. How could I let you do anything that violates principles? I know you are the most principled person."

Su Xinghui said: "You know that, good."

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End of Chapter

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