Chapter 1615 - T-K Groups Crushing Defeat in the Product Battle (1/2)
In this battle, Lanxin Company took the initiative and was able to lead T-K Group by the nose. After T-K Group lost the battle between their equipment innovation, it quickly led to their defeat in the battle of product quality.
After Lanxin Company’s press conference, T-K Group was put in a difficult position.
Lanxin Company cut the ground from under their feet and announced to the media the GMP certification data used by the Worldwide Health Organization, relevant certification data from the Food and Drug Administration, and various other product certification data.
This move put the T-K Group under great pressure.
T-K Group once again faced a terrible crisis in the midst of their acquisition battle.
Jose was bruised and battered from this blow, and he cursed out loud. “Those despicable and shameless Chinese! They actually used such a lowly tactic to fight against us. They are so detestable.”
The press conference had just ended and the media had already covered the news extensively. The entire process of the conference was also put online by Lanxin Company, garnering tons of heated responses from netizens.
At that moment, everybody was still caught up in this news. Soon, they would all react and turn their gaze towards T-K Group.
Chu Jingnan leaned onto the chair and rubbed his painful temples. He slowly spoke, “Lanxin Company has disclosed all their test data to the public and threw shade at T-K Group in front of everybody. Very soon, the media and public will be requesting T-K Group to disclose all their product certification test data as well. You should make preparations beforehand.”
Lanxin Company took a drastic move and completely cut off T-K Group’s back route.
What a hateful move.
He had thought through all of the possible actions Lanxin Company would take after the result of the product quality battle was out. What he did not expect was for Lanxin Company to be so ruthless, to attack their enemy even at the cost of themselves.
They were cruel to themselves.
But even more nasty towards their enemies!
This was truly the most terrifying part of the Lanxin Company.
If T-K Group could not safely get past this danger, they would suffer a crushing defeat against Lanxin Company in this acquisition battle. There would be no chance for them to make a comeback.
Jose roared angrily, “Make preparations for what? T-K Group will never disclose our product certification data. We can never release our information publicly, be transparent, and reveal our core data to the world just like Lanxin Company.”
Lanxin Company was a new company that had not even been listed on the market. As the saying goes, newborn calves are not afraid of tigers. Although there was the risk that their formulas might be leaked from them revealing their product certification data, it would not deal damage to Lanxin Company that would destroy their company.
However, T-K Group was a famous multinational enterprise. They had suppressed many competitors and were standing at the top of the international health supplements industry. If they were to disclose their certification data, these would be known to their competitors, which would then use it against them in despicable ways.
Jose would not gain anything from disclosing their product data.
On top of that, the HQ in Country M would never agree to disclose their certification data as well.
“If T-K Group does not follow suit, it will end up being criticized by the public. Facing the great pressure from the media and public, T-K Group will lose everybody’s faith. Worse of all, they may become doubtful of T-K Group’s products. If that happens, it will be T-K Group’s complete loss in this acquisition battle.”
His reply was within Chu Jingnan’s expectation. Lanxin Company only dared to disclose their data because they had no other choice under the pressure from T-K Group.
In other words, Lanxin Company had nothing else to lose.
However, there were many more things for the T-K Group to consider. They would not, should not, and could not do the same as Lanxin Company.