On December 28th, there were media reports saying that “Kangshi’s negotiated extension of the supply of goods to Carrefour was extended nationwideâ€. In this regard, Tencent Finance is the first time to connect the relevant person in charge of Master Kong. The person in charge said that Master Kong is not available but Carrefour is not available. However, the relevant person in charge of Carrefour said to Tencent Finance that Master Kong has resumed its supply of non-rising prices.
Regarding the nationwide supply-off issue mentioned in the report, relevant person in charge of the company said to Tencent: "Now Master Kong is not stopping the supply, but Carrefour has stopped purchasing."
However, the argument given by Carrefour is not quite consistent. Carrefour (China) Public Relations Director Chen Bo told Tencent Finance: "Master Kong has resumed the supply of non-rising prices, and the two parties are still in the negotiation process."
Today, according to Voice of China's “News Evening Peak†report, according to sources close to Tingyi’s holdings, Master Kong has ceased to supply Carrefour nationwide, including other instant noodles series that have not been increased. In addition, the negotiation between the two parties may be postponed until the New Year. Before that, some media reported that the two sides "have already collapsed."
So, where is the focus of the dispute between the two sides? Is there a real risk of collapse? The person in charge of the above-mentioned Kangshifu Company said: “The lack of conditionality is too high for Carrefour, resulting in Master Kong’s basic lack of profitability.â€
At the same time, the responsible person also stated that Master Kong does not want the contradictions to continue. “I do not want to lose the Carrefour market. This will hurt the brand very much. I do not want this to happen. I hope that the more stores will sell their products. The better."
Until now, the two sides are still in a stalemate. "The dispute still has no progress. There is no timetable for when it can be resumed." Master Kong said.
In addition, Carrefour did not respond more to the issue of negotiating focus and price increase.
Regarding the nationwide supply-off issue mentioned in the report, relevant person in charge of the company said to Tencent: "Now Master Kong is not stopping the supply, but Carrefour has stopped purchasing."
However, the argument given by Carrefour is not quite consistent. Carrefour (China) Public Relations Director Chen Bo told Tencent Finance: "Master Kong has resumed the supply of non-rising prices, and the two parties are still in the negotiation process."
Today, according to Voice of China's “News Evening Peak†report, according to sources close to Tingyi’s holdings, Master Kong has ceased to supply Carrefour nationwide, including other instant noodles series that have not been increased. In addition, the negotiation between the two parties may be postponed until the New Year. Before that, some media reported that the two sides "have already collapsed."
So, where is the focus of the dispute between the two sides? Is there a real risk of collapse? The person in charge of the above-mentioned Kangshifu Company said: “The lack of conditionality is too high for Carrefour, resulting in Master Kong’s basic lack of profitability.â€
At the same time, the responsible person also stated that Master Kong does not want the contradictions to continue. “I do not want to lose the Carrefour market. This will hurt the brand very much. I do not want this to happen. I hope that the more stores will sell their products. The better."
Until now, the two sides are still in a stalemate. "The dispute still has no progress. There is no timetable for when it can be resumed." Master Kong said.
In addition, Carrefour did not respond more to the issue of negotiating focus and price increase.
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