There are many kinds of seasonings on the market today, but I believe everyone has a certain understanding of Wang Shouyi’s Thirteen Fragrances. It is very famous throughout China, and even every household basically knows it. A seasoning that is used, but has evolved over the years. Wang Shouyi’s Thirteen Fragrances are considered unscented by most netizens. Because in the 2020 private enterprise rankings, Wang Shouyi Thirteen Fragrances ranked 91st among the top 100 famous enterprises in Henan, and his annual operating income was only 2.15 billion yuan, equivalent to 1/10 of the turnover of Haitian Seasoning Company. It is also half of the turnover of Laoganma Manufacturer Company. In fact, Wang Shouyi Thirteen Incense Company made history at the beginning, but was marginalized in the end. The development of the company has been stagnant for more than ten years
Wang Shouyi Thirteen Fragrance is one of the earliest condiment brands in China. It can be said to be a national brand. Its trademark is also very familiar, and it has been used for decades. The unchanged packaging also gives everyone a sense of familiarity. In 1959, Wang Shouyi Thirteen Incense was a condiment passed down by Wang Shouyi's ancestors. At first, it was a business for a few cents, and it turned into a small business. It only took Wang Shouyi Thirteen Incense 15 years to build a large enterprise. Wang Shouyi Thirteen Incense Co., Ltd. was officially established in 1998. The registered capital at that time was 80 million yuan, and its annual revenue reached 400 million yuan. It can be said that it has formed a condiment business empire. The descendants of the Wang family did not manage the company well
Wang Shouyi passed away in 2003. At that time, the profit for each pack of Wang Shouyi Thirteen Incense was only eight cents, but the annual turnover reached 500 million yuan. When Wang Shouyi passed away, he left his last words, which prohibited the company from diversifying development, not going public, and prohibiting family members from engaging in real estate business. However, his descendants did not follow his last words very well. After Wang Shouyi's death, some descendants of the Wang family began to cross borders. They went abroad to buy real estate, then encountered a financial crisis, and lost some of their belongings. Basically, the descendants of the Wang family did not have much management of the development of the company, which also caused the company to stagnate for more than ten years.
At the same time, the managers within Wang Shouyi Thirteen Fragrance Enterprises kept crossing borders, and then tried to do some side jobs, but did not pay much attention to their own homepages, which resulted in Wang Shouyi Thirteen Fragrances. The fragrance gives people a feeling that it is no longer fragrant, and there are also a large number of copycat seasoning products on the market, which has also brought some losses to Wang Shouyi's Thirteen Fragrances.