Becoming Rich with Daily Scavenging APP-Chapter 645

In the following years, Anke invested most of its profits into packaging and marketing after earning money.

Trying to align with the mainstream values of Europe and America.

Tapping into various eco-friendly and fashion trends.

This approach was very popular.

Within a few years, Anke conquered most of the high-end power bank market in Europe and America.

Subsequently, Anke set its sights on charging equipment.

Because around the year 20, Anke received very important news.

That is, Apple would no longer include chargers with its phones.

The third-party charger market would be a significant necessity.

If Anke could capture the market between Apple's original chargers and off-brand chargers, then this huge market would be enough to propel the company skyward.

Facts proved that Anke made the right bet.

In the year 20, Apple announced it would no longer provide chargers and upgraded chargers from 28 watts to 20 watts.

Even though there had been rumors of Apple no longer providing chargers.

But even if one knew of these rumors, without acquiring Apple's upgraded charger and certification.

There was no way to preemptively capture this market.

However, Anke somehow not only knew in advance that Apple's chargers would become 20 watts but also obtained Apple's charger certification before the new generation of phones were released.

This certified charger was precisely 20 watts.

With the advantage of this idea, Anke directly broke into the North American market, and then returned to the domestic market with the fame earned in North America.

"This company looks very healthy in terms of operational model and doesn't lack capital or profit, so why are they suddenly seeking investment from us?"

Chen Yiyang was perplexed after reviewing the related materials.

If he had gained the loot picking system a few years earlier, Anke would likely have been part of his collection.

But now Anke has already developed very maturely, why does it still need investment?

"According to the other party, it is because of the global economic downturn in recent years.

Including the European and American markets, the consumption capacity for high-end electronic products has declined.

Anke's mid-to-low-end products can no longer occupy the top positions on Amazon's platform.

And to maintain the high-end market, the marketing funds they need to invest every year are steadily increasing instead.

So they need someone with connections, industry presence, and advanced investment skills in Europe and America to invest in Anke and help them get through this difficult period."

What the other party said sounds logical.

It fits into the business logic.

But Chen Yiyang was somewhat hesitant about whether to invest in this company.

After all, Anke focuses on the high-end market in Europe and America.

Chen Yiyang feels that this market is not very stable right now.

Everyone knows about Europe's situation. The debts of several major countries are very dangerous, and all of them are foreign debts.

Once the debt collapses, the mid-to-high-end market in Europe and America will be done for.

Anke will also have to follow them down.

However, if gambling on the future world economy improving, Anke is the kind of enterprise that requires connections for investment.

But Anke's main business is still making power banks.

Chen Yiyang believes that if the power bank market develops well in the next few years.

Investing in Anke is not a bad idea.

Chen Yiyang doesn't know anyone in the battery industry.

Although he owns an energy company, that's just for selling car batteries to Beifu as a middleman.

It doesn't connect with the power bank industry.

Still, it's worth asking.

So Chen Yiyang called Zhu Li, the head of Yiyang Energy, to come over.

"Mr. Chen." Zhu Li walked in.

"How is the company going recently?" Chen Yiyang first inquired about the situation at Yiyang Energy.

"It's doing well, after all, we are just passing things along as a middleman." Zhu Li answered honestly.

He manages Yiyang Energy, which truthfully doesn't have much development pressure.

It's because whether this company can make money or not depends entirely on the connections of Chen Yiyang.

"Here's the situation." Chen Yiyang straightforwardly asked Zhu Li, "I guess you've met quite a few people in this industry.

Recently, there's a power bank company called Anke hoping to get investment from me.

I don't know much about the power bank industry; do you have any connections in this area?"

"Mr. Chen, I have recently talked to some bosses in the power bank industry and learned some inside information.

You must not invest in any company related to power banks recently." 𝓯𝓻𝓮𝙚𝙬𝓮𝙗𝒏𝙤𝒗𝙚𝙡.𝒄𝒐𝓶

Zhu Li sat up excitedly as he spoke.

"Why?" Chen Yiyang was a bit surprised.

Zhu Li's previous remark clearly didn't show any opinion on Anke but rather on the entire power bank industry.

Could it be that something big has happened?

"Because according to the information I recently received, the raw material supplier for major power bank brands, a company called Anpu Rui Si, has had material issues!

They changed the low battery cells originally supplied to major power bank companies without approval.

According to those bosses, this batch of battery cells has major issues and cannot pass 3C certification, posing a flammability risk."

"Is this information reliable?" Chen Yiyang was shocked by Zhu Li's words.

He had just checked this company, Anpu Rui Si.

It's a famous raw material supplier for power banks.

Supplying raw materials to well-known big power bank companies like Rice, Anke, Green Practice, Base, Mule World.

So.

If the materials they supply turned out to have issues.

Then, ironically, the safe power banks would be the off-brand ones.

This sounds somewhat like a dark humor.

"Reliable." Zhu Li quickly said.

"I learned about this because it can't be contained in the internal circle anymore.

This matter is known internally by major companies, and they are discussing solutions.

Anke is a high-end power bank brand overseas, so if something goes wrong, those wealthy people in Europe and America will sue them to bankruptcy.

Hence, Anke is already planning to recall the power banks sold abroad, potentially involving multiple batches, over one hundred thousand power banks."

Now Chen Yiyang finally understood why Anke suddenly sought investment from him.

This is preparing to drag him into the pit.

Over one hundred thousand power banks recalled, in the high-end market of Europe and America.

Just the cost of recall, compensation costs, Chen Yiyang could imagine how big this amount would be.

This might even cause Anke's capital chain to rupture.

And they have to face compensation from European and American customers.

Therefore, Anke pulled him into the arena, not to weather the difficult period, but to ask him to save them.

Capital chain rupture.

And they have to face compensation from European and American customers.

Therefore, Anke pulled him into the arena, not to weather the difficult period, but to ask him to save them.