Chapter 492 Shocking News
Chapter 492 Shocking News
At the "Fuji Edible Oil" oil mill, Gu Chang and Zheng Xiangcheng followed Chen Weijie and toured the entire factory. This oil mill is not large in scale and is a small and medium-sized enterprise, but it is small but has everything it needs.
The workers in the factory are busy working; the sounds of machines, footsteps and voices are intertwined, creating a noisy scene.
The air is filled with the rich aroma of peanuts, making people feel comfortable.
The main product of "Fok Kee Cooking Oil" is "Fok Kee Brand" peanut oil, a traditional cooking oil with a wide market demand in China.
However, in recent years, with the rise of local edible oil companies and the influx of foreign edible oil brands, the domestic market has gradually become saturated and competition has become increasingly fierce.
Nevertheless, due to the loyal customer base that "Fok Kee Cooking Oil" has accumulated over a long period of time, they are still able to occupy a place in the market.
However, business has indeed become increasingly difficult in recent years.
Chen Weijie frowned and said: "The main problem lies in those foreign cooking oil brands, which have quickly seized domestic market share with low prices.
These brands, with their strong financial strength and advertising, have attracted a lot of attention from consumers, bringing us huge competitive pressure.”
Chen Weijie sighed and continued.
"Take the past two years, for example, there was an edible oil company from Southeast Asia that adopted a low-price strategy to quickly seize domestic market share."
“Not only that, they also invest heavily in various types of advertising to increase the visibility of their brand among the people.”
Chen Weijie paused and continued.
"The result? They have successfully captured a considerable portion of the low-end market!"
"This year, another brand from an island country has entered the Chinese market with a strong presence. It is a high-end brand with the slogan "safe oil, reliable oil", and has also established a firm foothold in the market!"
“When these industry giants compete, we small players are often the first to be hit!”
"Nothing is easy!" Zheng Xiangcheng sighed after hearing what Chen Weijie said.
"Who says it isn't true! In recent years, with the acceleration of global economic integration and the improvement of people's living standards, competition in the edible oil market has become increasingly fierce." Chen Weijie sighed.
"Especially in China's huge market, major domestic and foreign edible oil companies are competing fiercely for market share."
"This situation has caused many small and medium-sized edible oil companies in China to face unprecedented challenges, and their survival environment has become extremely difficult."
Among them, edible oil factories like "Fuji" are relatively lucky. Although they have also felt the increasing market pressure, they can still barely make a living by relying on the customer resources accumulated over the years and a certain production scale advantage.
However, the situation is not optimistic for small edible oil producers.
Due to the lack of financial, technical and other support, they are unable to compete with large companies and ultimately have no choice but to close down.
Chen Weijie sat in the office, looking at Gu Chang in front of him with a serious expression, and said sincerely: "Boss Gu, if you really plan to enter the edible oil market, I personally do not recommend you to do so."
He paused for a moment and then explained: "The competition in the edible oil industry is too fierce now. It is too difficult for a low-end factory like us to gain a foothold and make a profit in this field."
Gu Chang nodded, knowing that what Chen Weijie said was true!
Judging from the current market situation, setting up a factory is a very risky thing!
……
"Director, Director, something big has happened!"
Just when a few people were chatting, suddenly, an employee of "Fok Kee Cooking Oil" suddenly ran over in a hurry!
"Director, something big has happened!"
The employee, who looked to be in his twenties, ran over with an excited look on his face.
He ran and shouted, his face flushed red, and sweat from his forehead slid down his cheeks and wet his collar.
He was breathing heavily, supporting himself on his knees, trying to calm his breathing, but one could still see the tension and anxiety in his heart.
"What's wrong, Xiaoyu? What happened? Why are you so panicked?"
Chen Weijie looked at Xiao Yu who was anxious and said with a frown.
There was a hint of dissatisfaction in his voice, as if he was a little disappointed with Xiaoyu's performance.
"Didn't I tell you to stay calm when things happen? Stay calm!"
Chen Weijie repeated his words again, in a more severe tone.
He believes that as an adult, one should be calm and rational enough to deal with various situations instead of panicking like a child.
"After all these years, you're still like a child, you can't keep your cool!"
Chen Weijie continued to lecture.
He felt that Xiaoyu had been working for a while and should have grown, but it seemed that he still had not learned how to control his emotions.
Chen Weijie shook his head helplessly and sighed inwardly.
However, Xiao Yu did not care about Chen Weijie's reproach. He was still immersed in the news he brought and unable to calm down.
Xiao Yu ran up to them panting, gasping for breath and saying, "Boss...you...you guys take a quick look..." He held the cell phone high in his hand and was still breathing heavily.
The three people couldn't help but become curious. What on earth had happened that made Xiao Yu so anxious and excited?
When they got closer and saw clearly what was displayed on Xiaoyu's mobile phone screen, everyone's eyes widened and their faces were full of astonishment!
Zheng Xiangcheng was even more incredulous, and asked in a trembling voice: "Is this...is this true or false?"
Xiao Yu was so excited that he was incoherent. He tried to calm his breathing before answering, "This is an exclusive report from Xinfei Newspaper! It has caused an uproar on the Internet, and all major portals are forwarding it crazily!"
Upon hearing the news, the three people fell silent, overwhelmed by the shocking news.
Breaking news!
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