indianbanksassociation 583. Weak Capital Needs Someone To Help Them Look Decent.
583. Weak Capital Needs Someone To Help Them Look Decent.
Soon, Xiaomi Company responded to the news that the third brother had confiscated its 4.8 billion yuan.
Using a very official tone, "Xiaomi adheres to legal and compliant operations globally and abides by relevant laws and regulations in the places where it operates."
In short, it means that I am convinced, I am convinced.
I accept the fine.
Stop hitting me.
But the development of things did not go as Xiaomi expected.
Almost at the same time Xiaomi posted his response.
Sange officially notified Xiaomi, obbo, vivo and other Longguo mobile phone companies.
1. Ask them to transfer part of their equity to Third Brother’s company.
2. Let San Ge people serve as CEO, CFO, COO, CTO and other positions.
3. From now on, Longguo mobile phone companies cannot independently choose manufacturers to cooperate with Sange, and must cooperate with manufacturers officially designated by Sange.
4. From now on, Longguo mobile phone companies cannot choose their own distributors in Sange and must cooperate with the official distributors of Sange.
This action of the third brother caused an uproar in the Dragon Kingdom.
Some people familiar with Third Brother’s situation analyzed:
"This is equivalent to a change of direction to acquire Longguo enterprises, and it is an acquisition that does not cost a penny.
This time, many netizens from the Dragon Kingdom were really angry.
Although they had previously ridiculed Xiaomi for building a factory in San Ge, it was an act of supporting the enemy. It is said that Xiaomi was cut off by her third brother because she was doing it herself.
But Third Brother’s behavior is really intolerable. Damn, this is obviously a steal.
[The third brother’s behavior was clearly robbed by him, right? Let’s just withdraw all the mobile phone manufacturers and burn down all the factories! I would rather suffer some losses than fall into the hands of the third brother. 】
[Holy shit, is Third Brother so unethical? If they do this, aren’t they afraid that all other foreign companies will withdraw? 】
[Haha, Third Brother still cares about you? They all only care about petty profits. 】
[It’s so funny that the Western media is like dead at this time. If the Dragon Kingdom did this, they would definitely be criticized for not respecting free trade and business rules, right? The major media will start to analyze the end of the Dragon Kingdom’s economy again. Right? Why are they as quiet as chickens when the third brother does this?]
[Haha, of course it’s because Yingjiang wants to win over the third brother in order to deal with Long Guo. As long as it disgusts Long Guo, even if it is a piece of shit, Ying Jiang will cooperate with him. 】
[Hey, don’t tell me, the third brother really seems to be relying on his defense. 】
[I just don’t know how Xiaomi, vlvo, and obbo will respond. Let’s see if they dare to lift the table. 】
[If Xiaomi and the others dare to agree to this condition, I will never buy their mobile phones again in my life!]
At this time, the heads of several mobile phone manufacturers, including Xiaomi, Obbo, Vivo, Honor, and Warwick, were gathering together to discuss how to deal with the third brother’s overt robbery.
"The choice we face now is to either completely withdraw from the Sange market and all the investment in Sange over the past ten years will be wiped out. Or we can give half of our shares to Sange officials and hire Sange people to occupy important positions. This way we can still Continue to stay in the Sange market and maintain sales and market share. Maybe there will be some profit~". "obbo CEO Chen Mingyong said.
Those present were all big bosses in the mobile phone industry, each with a net worth of hundreds of millions. Together, they account for half of the world’s mobile phone industry.
At this time, the third brother couldn't stop him.
His third brother doesn’t play by the rules at all!
"So, the choice we face now is, either lose all or lose half?" said Chen Wei, CEO of vlvo.
Lei Jun pondered for a moment and said bitterly: "Otherwise, we will agree to Third Brother's request. Although we have lost half of the shares and control of Third Brother's company, we have still maintained sales and market share, and the stock price can still be maintained. Hold on."
"."Is this the countermeasure you have discussed? Surrender? The third brother bullied them to the extreme, and ended up agreeing to all their demands? Why are you so weak?" Zhao Ming, CEO of Honor Mobile, scolded the crowd angrily.
"That's right! Just withdraw from the Sange market and let them play by themselves. We would rather not make money than surrender, and we can't let them take advantage of this." Warwick Yu Dazui also said.
Honor phones are branched off from Warwick phones. It is a sub-brand created by Warwick when the sanctions against Eagle Sauce were at its most severe.
So the positions of Warwick and Honor are consistent at this time.
"What you said (haohao Zhao) is light. Are you so tough? Isn't it because you have less investment in Sange? Those who are barefoot are not afraid of those who wear shoes?" Chen Wei, ced of vo, complained.
At this time, he was extremely envious of the honor and Warwick.
After these two companies suffered a loss in the Sange market, they immediately withdrew. Although most of the Sange market was lost, it was less implicated at this time.
Vlvo and Obbo are at odds with Xiaomi. The three companies are competing for the Sange market. They have invested heavily in Sange and it is difficult to give up.
These public capitals are like this. They strike hard when squeezing employees, but when their own interests are infringed, they remain weak. If they are not decent, someone needs to help them be decent at this time. .