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Foreign companies acquire Chinese companies

The biggest danger in China at present is that foreign capital is constantly annexing (merging and acquiring) Chinese enterprises. This not only seriously weakens the country's macro-control ability, but also seriously weakens the real power of the Communist Party. In the past, many good things done by the central government Policies cannot be truly implemented in local areas or there are many obstacles, including policies and countermeasures, precisely because foreign countries have acquired and controlled the cornerstone of the socialist system - state-owned enterprises and national industries! This is tantamount to tying up the country's hands and feet, and the consequences will be endless! Moreover, the merger and acquisition and reorganization of state-owned enterprises by foreign countries will inevitably sideline local governments and even the central government. This will become clear if you think about some incredible and abnormal things in the past. In the future, the parts and components of our tanks will be provided by Chinese companies controlled by foreign countries, and they will malfunction inexplicably on the battlefield; aircraft engines will be provided by foreign countries, and they will stall inexplicably on the battlefield (the engines of our armed helicopters are actually provided by the United States); Carlyle of the United States merged with XCMG, and China's heavy equipment is manufactured by the United States. By then, it will not only be a matter of sand in the shells... In addition, in the future, will our next generation be allowed to eat and drink food provided by foreign countries? Drinks are provided by foreign countries, medicines for treating diseases are provided by foreign countries, cosmetics on the face are provided by foreign countries... Once foreign countries do not like a certain policy of China, they will "accidentally" cause major food safety accidents Or drug safety accidents...

Chinese companies have actually raised funds from foreign competitors. Doesn’t this mean that they have left their destiny in the hands of competitors and are at the mercy of others? Everyone, please Think about it, contemporary college students have been studying for many years, but in the end they can only fight to work for foreigners, and the fight is very painful. In the end, foreign companies are selective in not wanting you! Our national industries will eventually fall behind. In the hands of foreigners, can we Chinese still have a good life?

There are also the following heart-wrenching facts:

▲The British Unilever "Leases" Chinese Toothpaste :

China toothpaste is one of the earliest and most well-known toothpaste brands in China. In early 1994, the British company Unilever acquired a controlling stake in the Shanghai Toothpaste Factory and used brand leasing to operate "Zhonghua" toothpaste. Subsequently, sales of Zhonghua toothpaste have failed to grow. Today, Zhonghua toothpaste's market share is pitifully small.

▲ Danone of France acquires Robust:

Robust, located in Zhongshan, Guangdong, was once one of the top ten companies in China’s beverage industry and the most famous beverage brand in China. Bai's milk has ranked first in the country in market share for six consecutive years. In March 2000, French Danone acquired 92% of Robust's shares and became its largest shareholder. In the following years, this famous beverage manufacturer, which once competed with Wahaha for supremacy, fell into decline.

▲ Germany's Mejishi acquires Vitality 28:

Originally owned by Hubei Shashi Daily Chemical Company, it was once a well-known daily chemical brand in China. In 1996, Shashi Daily Chemical entered into a joint venture with the German Mejishi Company, and the "Vitality 28" brand was used by the joint venture company. Now, the well-known brand "Vitality 28" is hard to find.

▲ France’s L’Oréal acquires Little Nurse:

Little Nurse was founded in 1992 and was once one of the three major skin care brands in the Chinese market. In December 2003, the French L'Oréal Group fully acquired Little Nurse, and then the brand was hidden. Today, five years later, little nurses have almost disappeared from the market.

▲ Pepsi-Cola acquires Tianfu Cola:

Tianfu Cola was born in Chongqing. It was once a state banquet drink and was popular across the country with a market share of up to 75%. In 1994, Tianfu Cola was sold to Pepsi-Cola for a mere 3.5 million yuan. A few years later, the "Tianfu Cola" brand was hidden and has now disappeared from the market.

▲ US SC Johnson acquires Maxam:

Originally a well-known brand under Shanghai Jahwa Group, it once occupied nearly 20% of the domestic daily chemical market. In 1990, Shanghai Jahwa and the American SC Johnson jointly established Lumei SC Johnson Co., Ltd., and the Maxam brand was fully managed by SC Johnson. Subsequently, the "Maximum" trademark was shelved and sales plummeted. Shanghai Jahwa spent huge sums of money to repurchase the Mejia Net trademark in 1995, but it has missed a valuable opportunity for development.

▲ American Gillette acquires Nanfu Battery:

It once occupied half of the domestic battery market.

Since 1999, Nanfu has successively introduced strategic investors such as Morgan Stanley. Later, the equity was transferred several times. In 2003, Gillette of the United States obtained 72% of Nanfu's equity. Gillette was once Nanfu's main competitor. Its "Duracell" battery has been in the Chinese market for 10 years, but it has never been able to compete with Nanfu. After Nanfu was controlled by Gillette, it withdrew from overseas markets and half of its production capacity was idle.

▲ Johnson & Johnson acquires Dabao:

Dabao Cosmetics Company was founded in 1999, and its "Dabao" brand once ranked first in sales among domestic cosmetics brands. In early 2007, Dabao was put up for sale, and internationally renowned companies such as Avon, Johnson & Johnson, and Unilever stepped in. In July 2008, Dabao became a wholly-owned subsidiary of Johnson & Johnson. In recent years, Dabao's performance has declined year by year.

▲ Carlyle acquires XCMG:

Jiangsu XCMG is a leading enterprise in China's construction machinery industry, and its "XCMG" trademark is the first "China Famous Trademark" in the industry. In 2005, the Carlyle Group of the United States intended to negotiate the acquisition of XCMG; in 2006, when Carlyle's acquisition of XCMG was waiting for management approval, Xiang Wenbo, president of Sany Heavy Industry, launched an opposition to the acquisition on his blog war. Faced with pressure, Carlyle gradually reduced its acquisition share from 85% to 50%, and later to 45%. Even so, the acquisition fell into a protracted stalemate. By July 2008, the three-year subscription agreement between the two parties expired, and the case was settled.

▲ France’s SEB acquires Supor:

Supor is a family-owned company located in Taizhou, Zhejiang. It is one of the most well-known brands in the Chinese cookware industry and accounts for 40% of the domestic pressure cooker market. In 2006, the world's number one brand of small household appliances, France's Seiber, announced its intention to control Supor, triggering a fierce boycott in the cookware industry. In early 2007, the merger and acquisition was approved by the Ministry of Commerce. In December of that year, the French Cyber ??Group acquired 52.74% of Supor's equity for 327 million euros.

Originally familiar domestic brands such as Robust, Little Nurse, and Vitality 28 were completely wiped out after being acquired by foreign capital, and they all quietly disappeared from the market. There is also Maxam, which had been hidden away for 10 years before Shanghai Jahwa bought it back from SC Johnson in the United States. At present, almost all domestic brands of daily necessities in China have been wiped out. In addition, everyone thinks that Tsingtao Beer is a famous brand in China, but do you still think that Tsingtao Beer is still a Chinese company? Let me tell you a figure: Qingdao State-owned Assets Supervision and Administration Bureau holds only 30%, but who is the second largest shareholder? Anheuser-Busch from the United States controls 27%. As long as it buys 4% more H shares, China's Tsingtao Brewery will become a foreign-owned enterprise overnight!

Why does our country have to sell companies originally owned by China to foreign countries? Our country can even successfully develop high-tech equipment such as the Shenzhou spacecraft, but is it still unable to run those national industries? ! What's more, those national brands once had brilliant performance, but after being sold to foreign countries, they collapsed and disappeared. As a descendant of China, don't you feel sad? !

Although Article 27 of my country’s Anti-Monopoly Law stipulates that the Ministry of Commerce must consider six factors when reviewing, there are no specific quantitative standards, making it almost impossible for many people to predict whether a foreign country will use these standards. Will annex Chinese companies. In the end, each national brand tragically fell...