coobybook Chapter 152 They were really acquired by foreign capital
Chapter 152 They were really acquired by foreign capital
"This way!" Hearing Bai Yaoyao's question, Zhang Zhaoxing took her to the southwest corner, almost across the entire exhibition hall, and reached a corner. Just when Bai Yaoyao thought there was no way out, there was a small area after turning a corner. There was a big letter "E" engraved on the wall.
This seemed to be a special show for China. Bai Yaoyao saw several well-known domestic brands. The Phoenix Jewelry booth seemed to be further inside. Zhang Zhaoxing kept leading Bai Yaoyao inside.
When passing by the Qin Dada Jewelry booth, a middle-aged man in a suit and tie seemed to see the two of them. He ran a few steps to the side of the road and greeted Zhang Zhaoxing.
"Brother Zhang! Are you here?"
Bai Yaoyao stood quietly behind Zhang Zhaoxing and looked at the person who came. He was in his forties, plump and white, and smiled like a Maitreya Buddha.
Zhang Zhaoxing stopped and moved to the side, chatting with the visitor: "Boss Qin, you are here too, how is the booth being arranged?"
Qin Dai heard this and the smile on his face disappeared. He then forced out a bitter smile, "Oh no! What else can we do? This is just a shabby place. Even if we decorate the booth magnificently, not many people will see it."
Zhang Zhaoxing looked around with a heavy expression on his face. However, thinking of the surprised expressions of the Americans when he handed over the "crown" to the organizing committee yesterday afternoon, he felt more confident. He patted Mr. Qin on the shoulder and said, "It doesn't matter. One day, our Chinese jewelry will be world-famous!"
"I hope so!" Qin Dai nodded, but his expression did not show much hope. He glanced at Bai Yaoyao who had been following Zhang Zhaoxing, a hint of surprise flashed in his eyes, and then he quickly retracted his gaze.
He moved closer to Zhang Zhaoxing and whispered, "Brother Zhang, do you know? Minghui Jewelry's booth this year is in Area B."
Area B? Zhang Zhaoxing raised his eyebrows.
The entire exhibition venue was divided into five areas, A, B, C, and D. Chinese jewelers were always assigned to the most remote area, E. This corner was the innermost part of the venue, with a corner in front. If you didn't look at the map, when you walked to that corner and saw a big wall, you might think that was the end and wouldn't know that there were several booths inside.
In the past two years, domestic jewelry brands have wanted to make a name for themselves internationally, so they spend a lot of money to participate in international jewelry exhibitions every time.
But the positions assigned to me were never satisfactory.
Minghui Jewelry is only considered a second-tier brand even in China, so how could their booth be in Area B?!
Area B is adjacent to Area A, which has always been the private territory of some internationally renowned jewelers.
Zhang Zhaoxing’s mind raced. Could it be that the rumors he had heard before were true?
He looked at Qin Dai with some seriousness, "Were they really acquired by foreign capital?"
Qin Dai nodded with a complicated expression, "That should be it? Otherwise, how could they get such a good booth! Everyone knows that your Phoenix Jewelry is the leading brand in China! You didn't get such a good position, and their reputation in China is not even as good as mine! If it weren't for the support of those foreigners, how could Li Dapeng have gotten such a good thing?"
Qin Dai's words seemed to be full of disdain for Li Dapeng, but Bai Yaoyao watched coldly, and the envy and jealousy in Mr. Qin's eyes were obvious.
I don’t know whether I envy Minghui Jewelry for being able to rely on others, or I feel resentful that I can’t rely on others.
Zhang Zhaoxing's face was as dark as ink. There had been rumors before that some foreign capital wanted to enter the domestic jewelry market and was negotiating acquisitions with domestic first- and second-tier brands.
Many domestic brands were vying for the award, but unexpectedly, the little-known Minghui took the lead.
No wonder Qin Dai had a complicated expression. He had been very active among many brands before. It was said that he had said several times in his own company that his Mr. Li would definitely be noticed by foreign capital.
Now it seems that the flower has fallen into someone else's hands.
Zhang Zhaoxing sneered in his heart but put on a business smile on his face.
"It's okay. It's Dapeng's blessing to be assigned a good booth! We finally have a brand in China that foreigners can see." Zhang Zhaoxing smiled, as if he didn't care at all. "Well, Mr. Qin, I still have to go and see how our booth is arranged. I won't chat with you anymore! You go ahead and get busy!"
After saying that, he gave Bai Yaoyao a wink and continued walking forward.
Qin Dai looked at the two men from behind, pouted, and said with disdain, "You still say you are the leader! You are just hiding in this corner like us!"
After saying this, he snorted coldly and returned to his booth.
The booth of Phoenix Jewelry was separated from that of Qin Dada by just one booth.
Bai Yaoyao saw the familiar phoenix logo after taking a few steps.
At this time, several tall sales staff in uniform were sorting the accessories in the booth.
Seeing the two people approaching, they immediately stopped what they were doing and called out "Mr. Zhang" in unison.
Zhang Zhaoxing responded lightly without comment, looked at his own booth, and sighed silently when he saw the accessories inside.
Alas! Phoenix Jewelry has been poached a lot in recent years. After the New Year, the chief designer also resigned, and the new designers always seem to lack a little spirit.
He was never satisfied with his designs, and the market response was mediocre. He had heard many times that Phoenix Jewelry's designs were old-fashioned, lacking in novelty and aesthetics.
Zhang Zhaoxing was secretly anxious. The jewelry market was so small and there were so many brands. In addition, the overall environment had been bad in the past two years and consumers were more cautious, so the market share of each company was gradually shrinking.
The jewelry industry itself is very cash flow-intensive. Even Phoenix Jewelry, as a leading domestic brand, sometimes needs to turn to banks for turnover when it has to deposit large quantities of goods, not to mention other small brands, who are often in a state of robbing Peter to pay Paul.
Therefore, the influx of foreign capital into the country this time has attracted many companies to rush to make contact.
Who knew that the capital would take a fancy to the unknown Minghui? Who knows what kind of impact this will have on the domestic market...
Bai Yaoyao saw Zhang Zhaoxing frowning in thought, and after hesitating for a moment, he stepped forward and said.
"Mr. Zhang, you go ahead and do your work. I'll just take a look around."
"Ah! Okay, okay!" Bai Yaoyao's voice woke Zhang Zhaoxing from his thoughts, and he quickly agreed.
Zhang Zhaoxing narrowed his eyes as he watched Bai Yaoyao leave the booth.
Why is he getting so stuck in such a rut?
Why worry about Minghui? Even if he has capital injection, the jewelry market still focuses on quality and design.
The quality of Phoenix Jewelry is well-known, and what he lacks now is just a design that is eye-catching enough!
Speaking of design, this Miss Bai has treasures like the "crown" in her hands, and the other necklaces, bracelets and rings she sold are also full of design sense. Whether in color matching or jewelry materials, they are all unique and each piece is a high-quality collectible work of art.
Why should I go far away from home?