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Wang Laoji's prospects are worrying.
Wang Laoji's Guangzhou Pharmaceutical Group is not a good thing either. Let's take a look at history first:

Wang Henghui, a member of his team, stayed in Guangzhou Jingyuan Road to run a century-old shop, specializing in "water bowl" herbal tea. However, from the end of 19, the situation in Chinese mainland was chaotic, and Wang Laoji's business in the mainland began to decline.

19 1 1 year, remember that the gourd signboard was registered in the government of the Republic of China; After 1928, it was registered as Wang Zebang statue and olive line gourd pattern.

1925 The May 30th Movement, the Guangdong-Hong Kong strike and the Shaji tragedy dealt a great blow to Wang Laoji's business in Guangzhou, which not only cut off the export market, but also made local business a problem. Your descendants who stayed in Guangzhou moved to the countryside to take refuge, and the provincial store was forced to close down. At the same time, Wang Laoji's business in Hong Kong is booming.

1938, Guangzhou was captured by the Japanese army in the War of Resistance against Japanese Aggression, and all Wang Laoji herbal tea warehouses were burned down. After the war, Wang Henghui's daughter and five sons returned to their hometown to discuss reconstruction. Among them, the eldest sister Wang Baodian and her husband Hu Duowen contributed 70%, and the five brothers Wang and Wang Baoyao jointly contributed 30% to resume production on Jingyuan Road, and then moved to No.71-73, Haizhu Middle Road, and expanded two branches in Zhonghua Road (now Jiefang Road), Wanji Wang Laoji and Hongde Road, Yongji Wang Laoji. Wang is the acting manager of the head office, and Wang Baoyao manages the accounting office. The two brothers cooperated tacitly, and their business was booming. According to Wang Peicheng, the son of Wang Baoyao, there are two huge copper gourd in front of the shop, in which herbal tea is stored. Each copper gourd can hold about 100 cup of herbal tea. Every time a guest comes, the man will pour the herbal tea out of the copper gourd and put it in a glass cup at 30 cents each. In addition, the herbal tea shop also has snacks such as nut noodles and preserved fruits for guests who are afraid of suffering. The tea shop calls this snack "takeaway", which costs one or two cents each. In order to attract business, there is also an imported radio in front of the store.

Wang Peicheng pointed out that the production process of ancestral Wang Laoji herbal tea is: the medicinal materials are soaked for one night in advance, in order to give full play to the medicinal effect of herbal tea, and then slowly brewed the next morning. It is said that in other herbal tea shops, in order to increase the bitterness to show the concentration, pig bile will be added as inferior quality, but in Wang Laoji herbal tea shop, men are the most reliable and dare not move, so the outside world has the reputation of "honest Wang Laoji".

Confiscation by the authorities

1949 after the establishment of People's Republic of China (PRC), the private assets (including pavements and factories) of Wang Lao Ji herbal tea in Chinese mainland were confiscated by the authorities and classified as "state-owned enterprises". From 65438 to 0956, the authorities carried out the "socialist transformation of ownership of the means of production" for private enterprises, and merged eight Chinese medicine factories with a long history into a "public-private partnership". They are He Tianfu, Cun Rentang, Jia Baozhan and Kang Shoutang. Chen Ran produced exogenous safety tea and safety powder, Lu Xuechang produced afternoon tea and Zhang Jiong produced instant tea. Among them, it is named after Wang Laoji, who has the largest fixed assets and the largest number of employees (annual output value of 443,600 yuan, employees 4 1). It was named "Wang Lao Ji United Pharmaceutical Factory" and moved to No.1 Guyi Street 10, Shisanxing Road. After the public-private partnership, the pharmaceutical factory pays a fixed interest rate of 5% to private shareholders such as the Wangs as dividends every year. However, this fixed interest rate is "one size fits all", regardless of the profitability of enterprises or the wishes of private shareholders. In fact, according to the situation at that time, this fixed interest rate was not only far lower than the profits of pharmaceutical companies, but also lower than the interest on time deposits of banks at that time. [4]

Wang Peicheng recalled that from childhood to adolescence, grandma and mom took him to paste the "Wang Lao Ji" herbal tea packaging bag. At that time, their family lived in Qingping Road, and the cold lane (corridor) was the processing workshop at home, and life was very hard. However, Wang He and Wang Baoyao never gave up their efforts to train their sons to inherit the herbal tea business. Wang Peicheng still remembers that when he was a child, he often went to the countryside with his father to purchase medicinal materials. Wang Yongcheng recalled the experience that Wang took him to identify drugs. However, none of them can continue to study Chinese medicine. Wang Peicheng said: "At that time, it was wishful thinking to inherit the ancestral business. 」

1965 10 Guangzhou pharmaceutical industry adjustment. Branch-level management of Chinese and Western pharmaceutical factories established "Guangzhou Chinese Medicine Factory". At the same time, in order to carry out the intention of the authorities to break through the four old practices in the early days of the Cultural Revolution, the names of their subordinate enterprises began to be arranged in numbers. The name "Wang Lao Ji" is regarded as a monument of capitalists, and "Wang Lao Ji is also a smelly Laojiu", so it was renamed as "Guangzhou No.9 Chinese Medicine Factory" and "Wang Lao Ji Herbal Tea" was also changed to "Guangdong Herbal Tea" at 1966.

From 65438 to 0966, at the beginning of the Cultural Revolution, Wang He and Wang Baoyao, who had served as acting managers and treasurers, were classified as "capitalists" and put in prison, and were soon classified as "objects of dictatorship". In September of the same year, fixed interest stopped paying. Fixed interest is paid for ten years, equivalent to 50% of all private shares. Without any legal procedures, private shares were "confiscated" as "state-owned" and all public-private joint ventures became state-owned enterprises. [5] However, people did not leave the pharmaceutical factory. After the drug factory was confiscated, the Wangs, old and young, worked as workers in the factory to make a living. Later, the young people in the Wang family were arranged to "reform" Wang Changzi, 1966 went to the farm, and 1980 was called home; Wang Yongming, the youngest son, took the initiative to write a bloody book to work in Zhubijiang Farm on Hainan Island. He had the opportunity to enroll students in universities, middle schools and jobs, but he gave up because of "composition problems".

1967, "Guangdong herbal tea" was handed over to Shunde Beijiao Bijiang Chinese Medicine Processing Factory for further production.

197 1 year, No.9 Factory of Chinese Medicine Factory carried out dosage form reform, and concentrated and refined 90g tea bags in paper bags into 2g herbal tea essence, which can be taken immediately after being brewed with boiling water, and was welcomed by Hong Kong, Macao and overseas Chinese markets when exported.

1979, the 1302 factory specializing in the production of Baoji pills was merged into Wang Laoji United Pharmaceutical Factory. 1982 65438+ 10, with the approval of Guangzhou Economic Commission, the Ninth Chinese Medicine Factory was renamed as "Guangzhou Yangcheng Pharmaceutical Factory". 1In August, 987, Yangcheng Pharmaceutical Factory made herbal tea into granule preparation, which was named "Wang Lao Ji brand herbal tea" for convenience of carrying and taking.

1February, 983, the United Front Work Department of the Central Committee and the Ministry of Commerce jointly issued a document, stipulating that public-private partnership assets have been owned by the state and may not be returned to me. According to the current concept, the shareholders' shares are turned over to the public overnight, and the house slave property is turned over to the public. The unconstitutional policy constitutes all the basis for GPHL to own the physical assets of Wang Laoji Pharmaceutical Factory. [5]

"Wang Lao Ji" trademark and even "Wang Lao Ji" herbal tea brand disappeared from the market during the period from 1968 to 1992.