Extraordinary Genius

Chapter 816: Li Jingwei’s dilemma

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While Feng Yu was waiting patiently for the news, Lynch had already flown back to China and personally reported to Li Jingwei the beverage alliance plan mentioned by Feng Yu.

After listening to Lynch's retelling, Li Jingwei had other thoughts in his mind.

Jianlibao can be said to have been created by Li Jingwei, but this company has nothing to do with Li Jingwei. To put it bluntly, Li Jingwei is just a part-time worker!

But he is a very good migrant worker. It can be said that without him, there would be no Jianlibao. Locally, Li Jingwei was also portrayed as a heroic figure!

But that's not what he wants. What he wants is property rights. Everyone admits that without him, there would be no Jianlibao, but with the awakening of property rights awareness and government restrictions, he is very dissatisfied with the current situation.

The government mandates that at least 45% of Jianlibao's employees must be local people. Then various nepotisms permeate Jianlibao's middle management, which seriously restricts the development of Jianlibao.

Li Jingwei believes that if it weren't for these people, the Jianlibao team he led would be twice as good as it is now! Just say that he has always emphasized the establishment of perfect sales channels, and he will not say anything about overseas companies. Speaking of domestic sales channels, Jianlibao's sales channels are not as good as those of Lehaha and Lebaishi that were later established!

It’s clear that money has been spent, so why hasn’t the channel been established yet and why do we still have to rely on other dealers? Once there is a problem in one of these links, Jianlibao's sales will inevitably decline. If the sales channel construction of Jianlibao is as good as that of Lehaha, how can these beverage companies develop

Another government takes away a large amount of Jianlibao's profits every year, leaving Jianlibao with insufficient funds. If according to Li Jingwei's intention, Jianlibao should have invested in new product research and development long ago, then Jianlibao should not be just a product now.

His dream is to be like Coca-Cola, with Jianlibao as the leading product, and other products around Jianlibao, and then form a very competitive company.

But now, Jianlibao Company still only has one Jianlibao product. The leaders of the government said that Jianlibao did not need other products, so they directly transferred all the research and development expenses for the products they had prepared. Jianlibao would have been developed a few years ago. For tea drinks, Lehaha took advantage!

Now he can only let the United States conduct research and development, lest the funds return to the country and be taken away by the government.

Since the late 1980s, the state has not prevented private equity participation or even the acquisition of state-owned enterprises. This is called by many people a policy of "retreating the state and advancing the people", which gave Li Jingwei hope.

He originally thought that since he had made such a great contribution to Jianlibao, when he proposed to clarify property rights, the government should support it. After all, many companies have done this and gave some tangible benefits to those who have made the greatest contributions. The benefits! Instead of getting the most inconspicuous rewards like some labor medals and a little salary increase like him.

In this case, he artificially controlled the development speed of Jianlibao because he knew that the better Jianlibao developed, the higher the cost and the lower the possibility for him and his team to purchase the equity of Jianlibao.

He wants to build a Jianlibao Building in Pengcheng, invest one billion, and then move Jianlibao's headquarters from this small county. Not only is this place remote, but the relationship is also very complicated, which has greatly hindered the development of Jianlibao!

As for how to purchase equity, he also thought of a good way, which is to go public and let Jianlibao go public!

Don’t current government leaders like the emergence of listed companies within their jurisdictions? Once Jianlibao is listed, the market value will inevitably skyrocket. This is a good political achievement.

Li Jingwei thought that he could use this to convince the government to allow mbo, so that they could officially become one of the owners of the company from the operators of the company!

But the ideal is very plump, and the reality is too skinny!

A few years ago, Li Jingwei mentioned the reform and listing of Jianlibao's joint-stock system, but the government directly rejected it. He also bluntly said that Li Jingwei wanted to "poach socialist corners." Did he also talk about dedication

What the heck, what I did all those years ago wasn’t dedication

Li Jingwei was very angry and believed that his efforts had not received due rewards. His two strategies of "stock listing and building construction" could not be carried out normally, and becoming a shareholder of Jianlibao was out of the question. This made him feel uncomfortable. Deeply disappointed.

At this time, various news continued to break out in the news, making Li Jingwei's dissatisfaction even more swollen!

Li Dongsheng, the founder of tcl, signed a decentralization agreement with the local government. The agreement stipulates that Li Dongsheng's team will ensure a 10% increase in the value of state-owned assets every year. The government promises that the management can purchase the company's equity in the value-added part at a certain proportion.

In another city not far from Jianlibao Company, Midea Company, which produces small home appliances, was sold to its founder and his team as a whole.

There are many companies with similar news. The management who have made significant contributions to the company have obtained part of the equity after the joint-stock reform. Some are more, some are less, but he has no hope at all!

The main income of the local government is generated by the Jianlibao Company led by Li Jingwei. How could those people be promoted without Li Jingwei's contribution

But now they have strangled Li Jingwei's last dream, which made Li Jingwei extremely angry. A few years ago, when health care products were rampant, those government officials even came to provide "guidance" to Jianlibao.

It is required that Jianlibao be promoted as a health product, such as turning Jianlibao into a real "oriental magic" and creating the concept of Jianlibao "treating diseases and strengthening the body without diseases".

This was firmly resisted by Li Jingwei at the time. Although the turnover of those health products has doubled year after year, and even some oral liquids, they still only had assets of a few million in the first year, but after one year, they became a giant with an annual turnover of 2 billion. Under this temptation, Li Jingwei kept his conscience.

Later, the health care products industry was suddenly exposed by CCTV, and the entire industry was severely hit. At this time, those talents saw that Li Jingwei was right. And Jianlibao’s brand image has also become better.

If Jianlibao were handed over to those people, Li Jingwei believes that Jianlibao would have been finished long ago, let alone reaching its current scale!

In the original health care product market, the only two major companies that survived are now making beverages, one is Lebaishi and the other is Lehaha. Both companies continued to reduce production and eventually withdrew from the health care product market completely. Instead, they developed rapidly in the beverage industry. Among them, Lehaha has been able to threaten Dao Jianlibao's domestic leading position!

At this time, Lehaha's major shareholder told him that he wanted to cooperate and expand overseas markets. Originally, he did not want to agree. After all, the two companies were competing.

But now, Li Jingwei is thinking that he should meet with Boss Feng to discuss other issues. If we can get financial support from Boss Feng, then... (To be continued...)

(End of chapter)