The Fourth Disaster Begins at the Dawn of the Millennium
The Fourth Disaster Begins at the Dawn of the Millennium Chapter 3
In the end, it is definitely a lucky thing for ordinary people to have a job opportunity in the local area. Compared with the South where the private economy is more developed, the Northeast, which has been in a planned economy for a long time and has many state-owned enterprises as its local base, is particularly eager to have companies that absorb employment to open in the local area when the wave of layoffs comes. It is exaggerated to say that if this company can absorb 1000 people, it will save 1000 families, and if it absorbs 10000 people, it will save 10000 families.
Liang Ruikun and Chen Gong were too embarrassed to say to the laid-off workers who were looking forward to it: "Ah, our Huanyu Group is just a pig with a green onion stuck in its nose. There are only 7 people in the group, including the chairman. We are just a small company that runs an auto repair shop and robs houses..." They just said to the workers: "We still need to investigate the market. Well, we will not invest blindly. We are considering piloting some smaller enterprises first..."
But in fact, the "Universal Group", which had just opened for a short time, did not have that much cash at all, so Liang Ruikun and Chen Gongcai had to pretend to be cautious in investment to buy time for the "Universal Group"'s American team to raise funds.
Chapter 8: A dozen people, seven or eight guns
Some people say that there are many ways to make a fortune in this era, especially when it comes to the reform of state-owned enterprises, it can be said that "one whale falls and all things come to life."
If you have a good relationship with a credit union and get a large, low-interest loan, you can use the funds to buy shares in state-owned enterprises. As inflation takes its toll, the real value of the loan decreases, and you can easily repay the principal and interest of the loan through annual dividend income.
If you are a manager of a state-owned enterprise and have some savings but not enough to buy shares, you can deliberately let the company's operating conditions deteriorate, causing the share price to fall. At the lowest point, you use all your savings to buy these shares.
If you are a manager of a state-owned enterprise but do not have enough savings to buy shares, you do not need to despair. You can use your management rights to transfer the company's funds to your own account, leaving debts to the company. Then, you leave your hometown with this huge sum of money and go to the south to start a new company. With sufficient capital, you can easily become a successful people's entrepreneur in the undeveloped market in the country.
If you have no money to buy shares but have the power to set the price at which they are sold, you can promise to sell them at a lower price to a businessman from the South, who will give you a generous kickback in return.
If you have neither the money to buy shares nor the power to participate in share pricing or access corporate funds, it seems impossible to make a profit, but you don't have to despair. You still have the power to purchase and sell. You decide to sell the valuable assets of the factory to relatives and friends at a low price at the last moment before the restructuring is completed. After the restructuring is completed, you can start your own factory with these machines. Although you may not become a well-known entrepreneur on TV, you can also become a well-known factory owner in the county.
But if you are just a worker who may be laid off at any time, then you will probably just sink with the "whale". Medical care, housing and education have become the three mountains that weigh on many people's heads, dragging many workers' families into poverty. For example, in terms of housing, as society has moved towards housing monetization, many state-owned enterprises have not built employee housing. Employees who did not get public housing are also unable to buy commercial housing on the market.
At the same time, under the new policy, all public housing in the city must be reclaimed and sold, or directly sold to current employees. The housing that workers received under low wages must now be reclaimed and sold to them again. Many employees find this policy incomprehensible and unacceptable, but policies are policies. If they do not buy, they will have to move out and the factory will sell it to other employees. For a family that has been receiving low wages for a long time, taking out 10,000 or 20,000 yuan is equivalent to spending all the family savings.
Then, the chat record between Liang Ruikun and Chen Gong in the game included this:
"After I was laid off, my wife and I rented a house. Later, my wife divorced me and I couldn't afford to rent a house outside, so I moved back to live with my mother. But this house is small, with only one room and a shared kitchen, so I built a shed at the back. There is no heating in the winter, and when it's cold in the morning, my hair and beard are all white when they are exposed outside the quilt. What can I do? I didn't get a house before, and now I can't even afford to rent a house, let alone buy one. So I just make do with it. This year I covered the shed with plastic paper, which is better in winter and doesn't let in the wind. My brother felt sorry for my daughter and took her in. The couple runs a business outside and can earn some money. They rent a house outside, so my daughter won't be cold there."
Because of the lack of money, among the laid-off and unemployed workers and those whose wages were in arrears, there was also a harsh saying circulating, "Open your wife's legs and open your mouth to life." Now, Liang Ruikun and Chen Gong were already familiar with everyone, and they were not afraid of making a fool of themselves in front of these two outsiders, and said bluntly:
"There are many men in the community who are like turtles hiding behind their heads, relying on their wives to go out dancing to support them. They pretend that nothing is wrong, but in fact they all know that their wives are out and often stay out all night. How can they not know? Some people from other units also say when they meet: I saw someone's wife in your unit dancing with someone else. I tell them not to say that, they are all desperate and do this. If they can find a job, if they can have a decent job, they won't go to such a place."
As outsiders, Liang Ruikun and Chen Gong came here only to complete the task of "Returning the Property to the Original Owner". However, after completing the task, Liang Ruikun and Chen Gong realized that they had been dragged into this new map and were closely linked to the fate of the local NPCs. Even for NPCs who are not in the task of "Returning the Property to the Original Owner", Liang Ruikun and Chen Gong will help them a little bit according to the situation, and save them in an emergency (who would refuse a task that was suddenly triggered, what if there is an incredible hidden plot?)
Some workers here who have been taken care of by the two have subconsciously regarded these two people as the "backbone" among the laid-off workers. Chen Gong remembered that one night, he was preparing to have a midnight snack to eliminate his character's hunger debuff, and then he encountered several gangsters who killed first and then robbed, and the kind who pulled out knives as soon as they came up. At this time, Chen Gong had no weapons in his hands and was unarmed. He was not a person who specialized in combat like Liang Ruikun, so what else could he do? Run.
The criminals also arranged people to block the way from the front and back, determined to catch Chen Gong, the "big fish". At this moment, two laid-off workers who had been given "resettlement and severance pay" by Chen Gong passed by. The two men had no weapons in their hands. One picked up a broom and the other grabbed a bag of steamed buns and rushed forward. I don't know why they thought that a broom and steamed buns could beat a man with a knife.
But thanks to the sudden appearance of these two people, the criminals were stunned for a moment, which allowed Chen Gong to break free from the blockade of these criminals and avoid being stabbed to death. He was then punished by being unable to log into the game for at least 24 hours. After these two people took the lead, many nearby citizens also picked up things and surrounded them. Although everyone did not dare to rush the criminals with knives, a confrontation situation was formed.
Then, before the police arrived, Liang Ruikun arrived running with a steel bar in his hand.
...................
One night, when the five-member team finished their takeaway and were about to continue playing games online, they suddenly discovered that just when they were eating so fast and not paying attention to the computer screen, a task called "The First Step of the Long March" appeared in the task bar of each of them. It was a faction task belonging to the "Universe Group".
"Amazing! There are faction missions? Let me see what this mission asks us to do..."
mission details:
(After a storm, there are many small fishes that have been swept up in the shallow puddles on the beach. A little boy keeps picking up small fishes and throwing them back into the sea. Someone advises him: "Son, there are hundreds of small fishes in this puddle. You can't save them all." "I know." The little boy replied. "Then why are you still throwing them? Who cares?" "This little fish cares!"
Perhaps our current strength is relatively weak, but a great man once said that a spark can start a prairie fire. When the international communist movement is in a downturn, we try to establish socialist enterprises in the capitalist world market to rescue as many proletarians as possible so that they can earn a dignified and decent life through labor. Perhaps this is just an unrealistic fantasy of "paradise", but we still decided to roll the dice. Under the impact of the surging waves of the outside world, we will make it prosperous and strong, and accumulate strength for our cause. Of course, compared with our ultimate cause, this is only our first step.
Mission Objective 1: Establish or acquire a company that can accommodate more than 500 people as the first subsidiary of Universal Group.
Mission Objective 2: Under the premise of meeting the detailed conditions of "normal profitability, employee happiness, sustainable development", let the subsidiaries of Universal Group survive for more than 10 years
reward:
1. Mastery Points
2. Experience Points
3. Unlock more individual abilities
4. Unlock some 21st century technology
5. Expand the capacity of the character's "different dimension pocket"
6. Open more game quota restrictions)
Chapter 9: Free and Democratic America, Happy Robbery Every Day
Since the launch of the faction mission, the number of players allowed in the game's beta test has suddenly increased several times. The game officials randomly sent invitations to some players who love the game. At the same time, the game officials also sent four invitation codes to each member of the five-person team, allowing them to recruit people and invite four friends to join the game, just like Ji Tianping sent invitation codes to the other four people at the beginning.
Before the faction mission is completed, a total of fifty players will enter the game.
"Welcome our new member........."
"boom--"
"Fuck, what's going on?"
"Oh, it's okay, it's okay, he can try this game to see if he can commit suicide..."
When the new players first came into the game, their behavior was almost the same as that of Ji Tianping and the five-player gang. They first tried to see some blood to see where the violence in the game was restricted, and then took off their pants to see where the pornography was restricted. Then they found that the game was almost "unrestricted". If it weren't for the restrictions on them randomly killing NPCs on the road, the players would probably say excitedly: "Fuck! GTA6 is here!"
As players began to appear in a temporarily rented "Universe Group Office" in Northeast China and the "Los Angeles Car Modification King" store in the United States, their arrival not only simply increased manpower, but also optimized the team configuration on both sides of China and the United States. For example, in the United States, the bank robbery mission that was originally difficult to carry out due to the lack of drivers and gunmen was solved with the addition of new players.
"So, what type of game is this? A shooting game? A role-playing game? A business simulation game?" a new player asked in the chat group.
"Ah, it's hard to say, it feels like a patchwork game..." Ji Tianping replied.
“What can we do in this game?”
"Free exploration... and completing missions. Check your mission column for detailed information."
"Oh, starting a company, do we have money?" another new player asked.
Ji Tianping: "We have no money, so we are going to the bank to raise funds... All players who were born in Los Angeles, please go back to the store and gather. We are going to start the team dungeon."
"Hey, robbing a bank? That's no problem, bro. I'm an old player who is proficient in the GTA and Payday series. I'm very familiar with robbing a bank. It's easy!"
The new players are very excited about the newly arrived team dungeon. Some players who regretted choosing Northeast China as their birthplace said they wanted to fly over to join the action, but by the time they get on the plane, the dungeon will have ended.
The bank robbery was something the five-member gang had mentioned long before Liang Ruikun and his friends flew to China, so it could be said to have been premeditated.
In his spare time from the robbery missions, Zhang Xiatian, a crafting player, had already secretly made a lot of door-breaking props such as thermite in the car modification shop, and illegally modified the assault rifles he bought, so that the combat players could use 100-round drum assault rifles and steel core bullets. Of course, in addition to weapon upgrades, defense is also indispensable. Zhang Xiatian also used various bulletproof plates and metal plates purchased privately to sew and splice together to make several sets of "Fearless Warrior" equipment;
Ji Tianping drove to the bank entrance every day to observe and record the bank's security measures, employee shift changes, and daily cash flow;
As for Cao Boyuan, a player of the "hacker department", his workload is almost the heaviest. First, he successfully obtained a way to access the local police radio channel. Once a robbery occurs, the communications between the nearby police who come to rescue will be heard by Cao Boyuan, so the intelligence is unilaterally transparent. Second, he also found a way to crack the bank's anti-theft dye bag technology. In this way, the money that everyone has worked so hard to rob will not be spoiled by the "rotten apple" of the anti-theft dye bag.
.....................
In the United States, bank robbery is a very familiar thing, and as long as they don't get robbed, many people are happy to see the bank being robbed. After all, in the eyes of many people, banks are the root of all evil in today's society. Banks are watchdogs that use money to enslave people around the world. Banks watch over people when they deposit money and look down on them when they withdraw money. Banks are monsters that devour the fruits of people's labor, and snatching food from the monster's mouth is a heroic act.
Sunlight shines through the glass curtain walls of high-rise buildings onto the busy streets. Outside the North Hollywood branch of the Bank of America, pedestrians are rushing by, cars are flowing, and everything looks normal. A small truck pulls up silently on the side of the road, and several masked robbers quickly jump out of the car. They are wearing thick black tactical uniforms, holding assault rifles, and their masks completely cover their faces, revealing only a pair of cold and ruthless eyes.
The robber in the front pushed open the bank door and led the others in. The security guard behind the glass door was pinned to the ground by the robber's gun before he could react.
"Get down!"
The security guard's eyes widened, and then he quickly put his hands on his head and lay on the ground, not prepared to resist at all. How much money was he paid a month? Was it worth it to work for the bank? At this time, the North Hollywood branch had just received a large amount of cash from the head office. In the bank hall, customers were queuing up to handle business, and the bank staff behind the counter were busy handling various matters. The sudden commotion and gunshots stunned everyone. When they saw a group of robbers armed to the teeth (referring to the "fearless warriors" per capita) appeared, the air seemed to freeze.
The robbers quickly dispersed, first destroying the cameras by shooting, and then pointing their guns at everyone present.
"Everyone lie on the ground and put your hands on your head!" The robbers issued an order again, "Keep calm, no one will get hurt. We just want to return the money that the bank robbed from the American people. They put your money into their own pockets and convinced you that it was for your benefit. We don't want to hurt you. Think about your family and your friends."
Customers looked around in horror and fell to the marble floor. Bank clerks were so frightened that they dropped their work and fell to their knees, shaking.
The robbers moved skillfully to the next step, and the armed personnel in charge of suppression kept patrolling the crowd with guns to ensure that no one tried to resist or call the police. The robbers also grabbed the bank manager at the first opportunity and pointed a gun at his head.
"Take us to the vault where the cash is stored, quickly!"
The bank manager nodded hurriedly, stood up, and led the robbers towards the warehouse. This step was unusually smooth, and the players were not forced to use thermite to clear the way. Under the gunpoint, the manager trembled as he entered the password and opened the heavy warehouse door. The warehouse was full of cash, neatly stacked on the shelves. The robbers also brought several bank employees to fill the robbers' big bags with cash. The bank employees dared not disobey, let alone show resistance, because it was not their money anyway. Moreover, these bank employees were also told during training not to resist or anger the robbers, because the bank would have follow-up measures to counter them.
One of them is an anti-theft dye pack, which bank employees will mix with real banknotes and hand to robbers. As soon as the criminals walk out of the bank door, the radio transmitter installed in the door frame will start the timer inside the magic weapon. When the countdown is over, boom! The dye pack will automatically explode and release an aerosol. This bright red dye can not only dye the banknotes that the robbers have just obtained, but also make the robbers covered in wounds, exposing them to everyone's sight.
Just as the players were happily collecting their money, Cao Boyuan @ed everyone in the US group of Universal Group in the WeChat group: "Pay attention, I just connected to the LAPD radio channel. You have already alerted half of the patrol officers in Los Angeles. They will be here in a few minutes at most. Be ready to stop!"
Chapter 10 The First Round of “Funding”
The black canvas bag was already filled with cash. If the players didn't need to put a pistol and several magazines in their "dimensional pockets" as a last resort, they would not have let go of this small space. However, even if the players robbed the entire bank, they only collected a total of 100 million in cash and some other property, but this was very different from the millions of dollars in games and movies.
"Damn it! We rookies made such a fuss and only managed to steal a mere 100 million!???"
"Oh, you should be thankful that you have 100 million. Normally, you might only have 30 or 40. I just heard from the LAPD channel that today is their payday, so they prepared so much. We are robbing their salary today!"
Just as the players were about to step out of the bank and end this unsatisfactory robbery, a 9mm bullet grazed the hand of the first player who walked out of the door and hit the door, making a harsh metallic collision sound.
At this time, outside the bank gate, alarm bells rang one after another, and patrol cars flashed red and blue lights. The police had set up a dragnet around the bank. More than a dozen police officers and police cars blocked the bank exit and confronted the fully armed players. The police's voice came from the loudspeaker: "You have been surrounded, release the hostages, and then we can talk like gentlemen!"
Although the LAPD shouting outside was very powerful, in fact, none of the LAPD officers dared to approach the bank. On the one hand, it was because the robbers might take hostages, and on the other hand, judging from the gunshots described by nearby residents, the other party was a ruthless person holding an automatic rifle. The police, who only had shotguns, 9mm pistols and revolvers in their hands, were no match for the robbers in terms of firepower. Therefore, the LAPD officers who had arrived at the scene could only deploy on the spot, using police cars, trees or walls as cover to confront the players.
The policemen crawled behind the police car, staring at the bank door nervously. Everyone's face was full of anxiety and tension, sweat slid down their foreheads, soaking their uniforms, and everyone's nerves were tense. The police who rushed to the scene at the first time relied on great courage to block the door. To be honest, the patrolmen were just betting that these robbers would not dare to act rashly and choose to hide in the bank instead of breaking out. If a robbery gang armed with automatic rifles decided to break out, the patrolmen on the scene would not be able to stop them at all, and they would have to wait for the SWAT team to arrive.
But the situation that LAPD was most worried about still happened. The bank door was kicked open and three fully armed robbers rushed out. They were wearing black heavy bulletproof vests and helmets. The man in the middle was holding an M240 light machine gun. The heavy weapon looked as light as a toy in this strong man's hands. Another man was holding an assault rifle equipped with a drum magazine, and another was holding a "China Lake" grenade launcher.
"Holy shit!"
“This is bullshit!”
Those policemen who fired first found that their bullets could not penetrate the protection area of the three "fearless warriors" at all, and under the fierce fire suppression, hitting the robbers in the face was absolutely an impossible task.
At the same time, the tall and burly robber in the middle opened fire first, his machine gun spewing flames and bullets pouring out like a storm. The three leading combat players laughed pervertedly while firing steel core bullets to turn the police car used as a temporary shelter into tofu dregs. The "China Lake" grenade launcher raised the intensity of the firepower to another level. Whenever a police car was targeted by the "China Lake" grenade launcher, the LAPD would flee quickly. After a few seconds, the police car would be blown into a pile of scrap metal with a bang.
"Oh shit, the lower left corner of the screen tells me that my character's stamina limit has increased. What is this? A new concept of fitness?" said a combat player who was shooting happily in the voice group.
At the same time, the situation at LAPD is not optimistic.
"Lie down!"
"retreat!"
"Someone's hurt! Repeat! Someone's hurt!"
"We need to call in the SWAT team and the National Guard for this situation. Damn! This is like a small army!"
The police shouted loudly, and almost all of them quickly lay on the ground, their bodies pressed against the cold ground to minimize exposure. Bullets hit the police car, sparking a burst of sparks, and the car window glass shattered, with fragments flying everywhere. The walls of the surrounding buildings were also hit by bullets, leaving bullet holes and cement debris flying everywhere.
The combat players continued to suppress the enemy with full firepower. The LAPD that arrived later was useless. Some smart police officers simply ran to a nearby gun store to buy rifles. As for the SWAT special police who arrived later, although they were better equipped than ordinary patrol police, equipped with AR-15 automatic rifles, helmets and bulletproof vests, they also came in a hurry and came to support in jeans and sneakers. However, these AR-15 automatic rifles were not effective against heavy bulletproof vests. The three "combat" players who attracted firepower attracted countless bullets, but none of them was fatally injured.
At the same time, other robbers brought large and small bags of cash into several modified muscle cars parked near the bank, and combat players entered last. Then, the engines of these muscle cars roared, and the tires rubbed against the ground with a harsh sound. The robbers drove these cars with extremely strong horsepower and torque, and the rough and even "violent" appearance violently rammed the LAPD blocking the road.
"We can't let them get away! Chase them! We can't let them escape!"
The commander at the scene ordered without hesitation that the robbery that happened in Los Angeles today would undoubtedly be on the news. A group of fully armed robbers robbed a bank in broad daylight, suppressed the LAPD with firepower and broke through the siege. It was too arrogant! If the LAPD couldn't stop these robbers, I don't know how many police officers in Los Angeles would be stripped of their police ranks.
The robbers' muscle car suddenly turned into an alley, trying to use the narrow alley to get rid of the police car. The muscle car was driving fast in the narrow alley, and the body of the car kept scraping against the wall, making a harsh scraping sound. But there were also ruthless people in the LAPD who drove police cars closely behind. The drivers nervously controlled the steering wheel, trying to maintain speed and stability. The ground in the alley was bumpy, the wheels bounced on the bumpy road, and the body of the car kept shaking. In this situation, you have to worry about a burst of bullets from the opposite side from time to time. No matter who is the driver of the police car, they will be so nervous that their palms will sweat.
"Don't turn at the intersection ahead, just rush through! You won't die if you rush down from this height!" Cao Boyuan reminded in the voice group.
"Understood. Let's arrange the stunt car!" The player who was responsible for driving, who had specialized in driving, replied.
Cao Boyuan: "Very good, those LAPD are yelling in the channel that they have lost the target, they will not catch up immediately for the time being, we have shaken them off now. Xia Tian, you help the driver to point the way, and the others follow the lead car. After we make many detours, everyone takes the money and gets into the car we prepared in advance, and our mission will be successfully completed. By the way, Ruikun and Gongge, how is your investigation going? Which company are you going to acquire? The first huge sum of one million yuan from our side can be transferred over."
Chapter 11 Acquisition of the First Business
Can “Universal Group” acquire a state-owned enterprise?
In the 90s, the Chinese government had clearly put forward the proposal for property rights reform of state-owned enterprises. The government advocated that the property rights of state-owned enterprises should be sold for a fee to a certain extent, and most state-owned enterprises should "withdraw" from general competitive fields. To this end, the central and local governments have also introduced relevant policies for the sale of small and medium-sized enterprises and the transfer of state-owned equity.
For "Huayu Group", these policies supporting itself include "Implementing Rules of the Foreign Investment Enterprise Law of the People's Republic of China", "Regulations on Several Issues Concerning Further Expanding Opening-up and Increasing the Utilization of Foreign Investment", "Interim Measures for the Examination and Approval Administration of Mergers and Acquisitions of State-owned Enterprises by Foreign-Invested Enterprises", etc. Although in the operation process it may face cumbersome approvals from relevant departments and the risk of being ruined by bureaucratic delays and mutual buck-passing; at the same time, policy changes and strong opposition from employees may also make the acquisition a waste of time.
But at least there is this opening.
Of course, in actual operation, there are also many cases where state-owned enterprises are acquired by their managers. The purchase of ownership of state-owned enterprises by managers of state-owned enterprises has also become one of the important methods of state-owned enterprise reform. Therefore, "Huanyu Group" will also face another possible opponent, that is, the former state-owned enterprise management who have been dealing with government departments for many years and are ready to acquire state-owned enterprises.
After much research, Liang Ruikun, Chen Gong and other players traveling around the Northeast decided to acquire a state-owned enterprise that produces civilian products and was "on the decline."
This state-owned enterprise also had a glorious past. It is a large-scale backbone state-owned light industry enterprise with decades of history, capable of producing dozens of products of different specifications. Its products have won many honors for their excellent quality, and have been rated as provincial, municipal and ministerial quality products for many times. They have won the titles of "National Quality Gold Award", "Quality Certified Product", "Quality Reputation Product", and have been recommended as "National Boutique" and "National User Satisfaction Enterprise". It has also won the "National Best-selling Domestic Brand Product-Golden Bridge Award" awarded by 4 ministries and commissions including the Ministry of Domestic Trade for 7 consecutive years. The products are not only well-known in the domestic market, but also exported to more than 40 countries and regions such as Europe and Southeast Asia.
However, things changed after entering the 90s.
First, they blindly added new investment projects without supporting them, and let the interest drag down the enterprise. After the leaders decided, the enterprise with total assets of only 8000 million yuan borrowed money to introduce a production line from Italy with a total investment of 6000 million yuan, but less than one-third of the factory buildings could be used after completion. Due to the lack of supporting funds, the utilization rate of the imported equipment was less than half. The annual output value of the newly introduced production line was only 1 million yuan, and the profit was only 3 million yuan, which was far from enough to pay the bank interest.
Second, they made random investments without considering the market and had no strategy for asset management, which resulted in losing all their money. Before the company leaders had a clear understanding of the concept of input and output, they invested the already tight funds everywhere. They blindly established dozens of enterprises, including carpet factories, cookware factories, energy-saving companies, thin aluminum workshops, home appliance companies, and glass cover factories, with a total investment of 800 million yuan. Almost none of them could operate normally and repay the principal and interest. The 800 million yuan in assets turned into a pile of scrap copper and iron.
Third, without clearly defining the division of property rights and the relationship between responsibilities and interests, dozens of independent legal entities and sales stores with independent accounting, separate accounts and business licenses were established. These companies sold large quantities of goods on credit or purchased goods at ultra-low prices much lower than wholesale prices, and then resold them. The profits that originally belonged to the factory were taken away for nothing. These companies took the company's wages, occupied the company's funds, and made the company bear taxes and various expenses. And they could make millions of yuan in profits every year without any effort, just sitting in the office.
Fourth, they blindly established joint venture factories outside, which damaged their brand and lost the market. The management of this company could not resist the temptation of money and established more than a dozen joint ventures across the country in a short period of time. However, the company neither exported technology nor management, nor sent people to provide guidance, and the quality management of the joint venture factories was almost zero. The company artificially allowed counterfeit goods to wear a legal coat, and a lot of products with quality problems appeared, causing great damage to the company's brand.
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