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    Erie Struggled With Mengniu To Upgrade &Nbsp; Both Shares Fell.

    2010/10/22 14:42:00 33

    The Battle Of Ermengon Cattle

    although

    Erie

    and

    MENGNIU

    Officials showed restraint, but there are signs that the fighting between the two companies is escalating.

    Yesterday, some media opened up the incident that Mengniu was trapped by Erie a few years ago. "Mengniu said that Erie had instructed a communication agency in Beijing to issue negative news to Mengniu in the media," he said.


    Affected by the battle of two companies, the two companies yesterday

    Price of stock

    All of them fell, of which Mengniu listed in Hongkong went down slightly the previous day, while Erie in the A share market fell by nearly 2%.


    Rumors of detainees suddenly appeared


    "We have never planned anything like this with anyone.

    I reiterated that no matter what happened! "The night before yesterday, Yang Zaifei, general manager of the Beijing The Pr People Consultancy Limited, who was arrested, received an exclusive interview with the media. He vowed that he never asked and would not allow any employee to do anything that violates the law or attacks his competitors."


    Yang Zaifei appeared to speak clearly, much more than many people expected.

    In a previous rumor, Yang Zaifei was repeatedly taken away by the police.

    Yang Zaifei, who is also executive director and general manager of The Pr People Consultancy Limited in Beijing, is also denied. "I always have only one job," he said.


    However, Yang Zaifei acknowledged that the company is currently in line with the police investigation.


    Erie spent a lot of money attacking Mengniu?


    After the tit for tat yesterday, both companies appeared to be more restrained at the official level yesterday.

    However, because of the small foreshadowing of the statement made by the Mengniu yesterday, "we reserve the right to make public the libel and the truth of the calumniation". It also adds some suspense to the incident. Some rumors have appeared on the Internet yesterday.


    Allegedly, from 2003 to 2004, there was a vicious unfair competition against Mengniu, and its manufacturer, a Beijing based communication agency, was a cooperative company of Yili Group.

    In that incident, the public security authorities seized a number of contracts signed by the Yili Group and the agency to carry out the so-called "Erie group's extra action to consolidate the public relations communication", trying to win the bull and bullfight through six actions.


    It is said that the case has not yet been closed, but 3 people, such as the general manager of a communication agency, were under criminal detention.

    The news also said that there was a contract signed by an executive of Yili, and the amount involved was far higher than 250 thousand of the incident.

    For this rumor, the Erie side did not comment yesterday.

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