Enterprise development has been stagnant for more than ten years. Wang Shouyi Thirteen Fragrances is one of the earliest condiment brands in China. It can be said that it is a national brand and the trademark is also very familiar. And its decades of packaging also gives you a sense of familiarity. 1959, thirteen spices in Wang Shouyi are a condiment handed down from Wang Shouyi. At the beginning, it was a business of a few cents. Later, a small business became a big enterprise, using only thirteen incense in Wang Shouyi. Wang Shouyi Shisanxiang Co., Ltd. was formally established on 1998 with a registered capital of 80 million yuan and an annual income of 400 million yuan. It can be said that it has formed a condiment business empire.
Wang Shouyi died in 2003, when the younger generation of Wang family failed to manage the company well. At that time, the profit of each package of thirteen incense in Wang Shouyi was only 8 cents, but the annual turnover reached 500 million yuan. When Wang Shouyi died, he left his last words that the company should not be diversified and listed, and family members should not be engaged in real estate business. However, his descendants did not follow his last words well. After Wang Shouyi's death, some junior members of the Wangs began to make a fortune. Going abroad to buy real estate, and then encountering the financial crisis, lost some possessions. Basically, the younger generation of the Wangs did not manage the development of the enterprise too much, which also led to the stagnation of the enterprise for more than ten years.
At the same time, the internal managers of Thirteen Fragrances in Wang Shouyi constantly crossed the line, and then tried to do some sideline business, but paid little attention to their home pages, which made the impression of Thirteen Fragrances in Wang Shouyi very poor. Now there are a large number of cottage seasoning products on the market, which also brought some losses to Thirteen Fragrances in Wang Shouyi.