Chapter 284: 285. Chapter 285: Only Thirty Percent?
285. Chapter 285: Only Thirty Percent?
On the other side, at Baron He Wei's residence.
His Staff Member brought in a young man.
"Your Excellency Baron, this is the talented young man I mentioned, the one who operated this whole affair, named Ye Baoyi. A top student from the Finance Department of Hong Kong University." The Staff Member smiled as he introduced the young man beside him.
Ye Baoyi appeared very polite, smiling as he said to He Wei, "Hello, Baron He Wei."
"Indeed, young and promising." He Wei smiled and gestured for the other party to sit down: "You have done this matter very well. You successfully stopped this fellow from sweeping the entire market."
Ye Baoyi shook his head and said, "The other party thought of a countermeasure very quickly and implemented a purchase limit strategy. We did not have much of an effect, unless..."
He Wei waved his hand and said, "Speak your mind. You don't need to be reserved in front of me."
"Very well, Baron He Wei." Ye Baoyi continued: "This strategy will eventually lead to a stalemate later on, where the competition will be about who has more money and who has more goods."
"Once the other party has insufficient supply, the blow to the Shenzhou Technology brand will be successful. But conversely, if our capital chain breaks..."
He Wei suddenly burst into loud laughter: "You don't need to worry about that; I am just looking to do exactly that. You probably don't know, but this Shenzhou Technology factory is in Brunei, a small country with a population of less than 50,000. Do you think their supply will be without problems?"
A few scalpers totted it up; the number of brand-new, factory-fresh Walkmans piled up in the Warehouse reached over 10,800 units.
Ye Baoyi smiled: "Since Baron He Wei has a plan, it is not my place to say more. Although purchase limits can save Shenzhou Technology for a moment, it clearly won't last long. Those distributors cannot just leave money on the table; they will definitely continue to cause trouble for Shenzhou Technology."
Although there were still long lines, it no longer reached the point where a single unit was hard to find.
Not only were they crazily supplying the distributors, they were letting those scalpers buy them up at high prices.
But now it was fine; seeing that the Warehouse lease was about to expire, the goods in their hands had still not been sold.
Then he picked out a few units at random, removed the outer packaging, and checked them carefully, only to find that there was not the slightest problem.
However, He Wei's wish was destined to fall through.
Chen Jiajun had always had a good relationship with the Mainland, so having them do the OEM work was absolutely no problem.
If he didn't come up with a one-two-three today, he probably wouldn't be able to leave this place.
Seeing Ye Baoyi stunned, the crowd hurriedly shouted a few times before he came back to his senses.
Anyway, there were those guys pulling the strings behind the scenes to foot the bill; it would be a waste not to take free money.
"Mr. Ye, what exactly should we do about this matter?" a scalper asked with an anxious face.
Moreover, they had expanded production capacity again and secretly signed an OEM contract with a factory in Shenzhen.
From the very beginning of this plan, He Wei had told him that the Shenzhou Technology factory was built in Brunei, a small place with a population of less than 50,000, so there would definitely be problems with the supply.
Ye Baoyi was uneasy and went to the Warehouse with these scalpers.
But the supply in the market seemed completely unaffected.
He had not expected that while he intended to fight a war of attrition, Chen Jiajun wanted to fight a war of attrition with them even more.
What was he supposed to do about this?
Even the intelligence given to him was problematic; what could anyone do about this, even if a god came down?
Just as Ye Baoyi was about to bluff a few words, he noticed these scalpers all crowding around him, looking at him with eager eyes.
He Wei smiled and said, "Then let's just wait and watch the show."
Now, not only was there no problem with the other party's supply, there wasn't even a single defective product.
Chen Jiajun did not agree immediately, but simply put the matter on hold.
With the start of the purchase limits by Shenzhou Technology Company, the sales of the Walkman stabilized.
These damn scalpers were still quite capable; in a short time, they had actually hoarded over 10,000 Walkmans.
Thus, Ye Baoyi's brain spun rapidly, and he thought of a way to bluff.
Some Mainland distributors even ran over, intending to act as agents for Shenzhou Technology Company's Walkmans.
The Walkman required cumbersome procedures to enter the Mainland market, and now was not the time for it to mature.
Ye Baoyi didn't know what to say now either.
This resulted in the goods they had hoarded being stuck in the Warehouse.
Originally, they had speculated on the Walkman to make a big profit, but now, although they kept buying goods...
"Everyone, listen to me first."
This was a quite terrifying number.
This had the scalpers extremely anxious.
When the time came, they could make another big profit on the turnaround.
Ye Baoyi suddenly felt a chill in his heart.
One by one, they were so anxious their livers were burning with rage, and they went directly to find Ye Baoyi.
"Mr. Ye, what should we do now? There is simply no one taking goods from our hands," a scalper said to Ye Baoyi with a mournful face.
This greatly exceeded Ye Baoyi's expectations, and only one thought remained in his mind: "Brunei only has a population of 50,000; how on earth did the other party manage it?"
If this batch of goods was dumped in their hands, these scalpers would have to jump off a building.
Ye Baoyi's brows immediately furrowed: "How much have you all hoarded in total?"
After all, it was Ye Baoyi who had received the mission from He Wei to gather these scalpers and then have them take out loans from HSBC.
Moreover, the scalpers in Hong Kong certainly couldn't digest so many Walkmans; once they were stuffed to death, Chen Jiajun could even buy them back from their hands at a low price.
Ye Baoyi stood on a chair and said loudly to the few scalpers: "I have a rough idea of the other party's thinking; they just want to use a large quantity of goods to impact the market to achieve the illusion that their supply is sufficient. Simply put, they are just bluffing."
"So now it's a question of who can hold out longer; as long as everyone is a little patient and waits a few more days, there will definitely be a turn for the better."
Ye Baoyi's certain expression immediately made these scalpers hesitate.
However, there were also more shrewd people among the scalpers: "You say it nicely, but what if Shenzhou Technology is still releasing goods in a few days?"
At this time, the crowd also reacted and hurriedly asked: "That's right. That's right. What do we do then?"
Ye Baoyi brought out acting skills of an award-winning level and said indifferently: "If I were you, I wouldn't worry about such things. Doing this kind of business is gambling in the first place; if you don't dare to gamble, just find someone to take over and exit. At most, you'll only lose twenty percent."
"However, when the time comes and you see others making money, just make sure you don't get jealous."
Ye Baoyi's intentions were extremely malicious; he was already thinking about how to sell out these scalpers, so he deliberately used a goading tactic.
If these scalpers cashed out and left, what would he do himself?
As the saying goes, better a dead friend than a dead self; Ye Baoyi felt no psychological burden whatsoever about selling out these profiteering scalpers.
As for He Wei, Ye Baoyi did not intend to have any further contact with him either.
This whole affair was destined to fail, and it would be bad if he were implicated when that happened.
As for his political future, it wasn't even worth thinking about.
He might as well just honestly return to the university and stay on to teach.
Ye Baoyi's goading tactic was indeed very effective, causing several scalpers to hesitate on the spot.
Ye Baoyi patted his chest and gave his guarantee that in just a few more days, Shenzhou Technology would definitely be unable to hold on.
After fooling these scalpers, he turned around and left immediately.
A few days later, the scalpers discovered that Shenzhou Technology not only still had a stable supply of goods for sale, but had even started a "buy more, get more free" promotion.
The scalpers became even more desperate, one by one clamoring to go find Ye Baoyi.
Unfortunately, by this time, Ye Baoyi had long since run away.
Having received an assignment from the Hong Kong University academic exchange delegation, he led the team directly to the United States to hide.
Now, those suicidal scalpers were all dumbfounded.
One must know that these scalpers had all followed Ye Baoyi's instructions.
They had taken out quite a few loans from HSBC to make their purchases; when the time came that they couldn't repay the money, the bank wouldn't care about any of that.
Thinking of this, a chill suddenly rose in the hearts of these scalpers.
Likewise, sharing the same fate as the scalpers were those distributors who had stocked up on large quantities of goods from Shenzhou Technology.
They discovered that the goods they had brought in were no longer being accepted by these damn scalpers.
A few scalpers even snuck over to ask these distributors if they could buy the stock back.
This terrified the distributors.
After receiving the news, the few of them didn't dare to say a word to anyone else.
If panic caused these scalpers to go crazy and clear their inventory, all of them would be in trouble.
Consequently, several distributors gathered together, preparing to hold a small meeting.
Inside a hotel suite, several distributors in suits and leather shoes had very grim expressions on their faces.
The cigarettes in their hands were lit one after another, but this did not dispel their worries.
"Back then, we were afraid Xu Jiawei would go back on his word, so we specifically set the compensation amount very high. If the Xu family reneges, they have to pay us nearly double the money. But if we renege, we have to pay double." One distributor said with a grim face: "If we really do this, we'll have to cough up all the money we've earned during this period."
A distributor with bloodshot eyes said: "So what? When those scalpers can't hold on anymore and dump their stock on a large scale, our capital chains will all break, and that's when we'll truly lose everything."
"Everyone, don't get agitated. How about we deal with this batch of goods in our hands first and sell them off to Japan or South Korea?"
Another distributor sneered and said: "You must be dreaming. Don't forget our commercial terms. If you really dare to do that, do you believe Shenzhou Technology could sue you until you're bankrupt?"
Hearing this from the other person, that distributor was immediately so scared he shivered all over.
Behind Shenzhou Technology was the Longteng Fund, and there was no need to say whose property the Longteng Fund was.
If they really dared to do that, even if they won the lawsuit, they would likely be visited by Hongxing gangsters.
If gangsters wanted to deal with a businessman, that would be far too simple.
After a moment of silence, an older distributor finally said: "There's no other way, let's pay the penalty. The sooner this matter is resolved, the better. Otherwise, once others receive the news, things will become troublesome."
"Although President Xu of Shenzhou Technology is young, he doesn't look like someone who is easy to deal with."
Although everyone was unwilling, there was indeed no better way.
So that same night, they invited Xu Jiawei out for drinks.
These distributors were not idiots; they knew that if they went through normal channels to find Xu Jiawei, he certainly wouldn't have anything nice to say to them.
So they specifically played a little trick and invited Xu Jiawei to a Nightclub.
After three rounds of drinks, seeing that Xu Jiawei had drunk a bit too much, these distributors finally brought up the matter.
Xu Jiawei said with dissatisfaction: "I still remember that you guys came to my office and forced me to ship the goods, and now you're pulling this kind of stunt?"
"President Xu, back then we were just following the crowd, possessed by a ghost. Just treat us like a fart and let us go." One distributor lowered his pride and toasted Xu Jiawei directly: "I've finished mine, please feel free."
Xu Jiawei took a sip of the foreign liquor in his glass, but shook his head like a bobblehead, refusing to budge.
At this point, one guy got anxious and hurriedly said: "President Xu, I'm not asking you to refund everything, just 80% of the principal—you'd still be making a profit, right?"
Xu Jiawei's face immediately darkened, and he stood up, swaying: "Since you say it like that, then there's nothing left for us to talk about."
Seeing Xu Jiawei about to leave, everyone was shocked and hurriedly tried to appease him.
As for the idiot who had spoken, he was glared at by everyone else.
Afterwards, the shrewd ones simply stopped talking about that matter and found a beautiful young lady to come over to drink and chat about romance.
Anyway, they used all sorts of flattery and sweet talk; only after Xu Jiawei was in a good mood did they bring up the old matter again.
Smarter than those idiots from before, a few of them started crying and snotting as they spoke, saying they had wives and daughters to support at home, and if they went bankrupt, they hoped their old brothers would help them out.
It was practically a "who's more miserable" contest.
"You bastards, you're crying so much you've ruined my mood. *Hiccup. *"
Xu Jiawei said helplessly: "Forget it, just consider it me sympathizing with you. Pay 50% of the breach of contract penalty, and then return the goods to me. In the future, stop letting yourselves be used as someone else's gun."
Hearing Xu Jiawei's words, these distributors were all filled with gratitude, almost describing him as a living Bodhisattva who saves the suffering.
If they only had to pay a 50% penalty, not only would they not lose money, they would even make a small profit.
This result was already beyond their expectations.
So they hurriedly took out the contract, fearing that Xu Jiawei would go back on his word once he sobered up.
After coming out of the Nightclub, Xu Jiawei returned to his car and immediately revealed a smile.
The Big Boss was absolutely right; these distributors had indeed started begging for mercy.
He still remembered Chen Jiajun saying that as long as he was willing to agree to the returns, these distributors would not only obediently pay the damages but would even have to thank them.
Thinking of the performance the few distributors had put on in front of him just now, Xu Jiawei felt a wave of amusement.
Sure enough, in order to lose less money, these guys would do anything.
Performing a sob story in front of a young man like him—it was impressive they could even think of that.
Chen Jiajun had no intention of forcing these distributors to their deaths; after all, the future distribution of Shenzhou Technology products would still rely on these guys.
Giving them a little lesson was enough.
As for those scalpers, they were the main targets Chen Jiajun was dealing with.
Regardless of who was operating behind the scenes, they had already made their move.
When it came to enemies, Chen Jiajun did not know the meaning of being polite.
This led those scalpers who had bought the goods to start selling them off at a loss.
Through various channels, they wanted to clear out their inventory.
Even if it meant losing money, they had to do it.
But regarding this point, Chen Jiajun had long been prepared and had directly dispatched the Majai of Hong Xing.
Whoever dared to sell the Walkman, once caught, would be given a sound beating; there was simply no reasoning with them.
Only after these scalpers reflected on it did they realize that this Big Boss of Shenzhou Technology was actually the "Hong Kong King" Chen Jiajun.
No wonder the Majai of Hong Xing were fully mobilized to cause them trouble.
"What the hell are we supposed to do?" A group of scalpers gathered together and said with bitter faces, "We are screwed this time."
"Damn it, the few Majai I sent out to peddle the goods not only got beaten and sent to the hospital, but the goods in their hands were also snatched away. These Hong Xing guys are too arrogant, aren't they?"
"What? Do you have the guts to go to Hong Xing's Zhongyi Hall and negotiate with their leader Zhu Bei Er?"
"This is forcing us to our deaths."
"We can only find a representative to go talk to the people at Shenzhou Technology. After all, this matter has to be resolved. My Warehouse lease is about to expire; if we drag this out any longer, I won't even have the money to pay the rent."
"Isn't the loss very severe then?"
"Do you still expect to make money? A loss is definitely guaranteed."
Everyone said a word or two, making everyone even more agitated.
Helpless, they could only select a representative to go to Shenzhou Technology for negotiations.
They hoped Shenzhou Technology would be able to buy back these products.
These scalpers were already prepared to take a heavy loss.
After all, both the Warehouse rent and the Loan from HSBC were about to expire.
If they were overdue and didn't pay, their fate would certainly be even more troublesome.
In the president's office of Shenzhou Technology, Xu Jiawei once again sent away a group of distributors.
These guys returned all the goods in their hands to Xu Jiawei and then paid a 70% penalty for breach of contract.
Even so, they were already grateful; not one of them dared to say a single bad word about Shenzhou Technology.
After all, Shenzhou Technology had already let them off easy. If they had really wanted to be ruthless, none of these distributors would have had an easy life.
As for the scalpers who came knocking, Xu Jiawei did not need to be polite at all.
"Oh? Let them wait; let them hang for a while first," Xu Jiawei instructed indifferently.
Afterwards, a subordinate invited the scalper's representative into the conference room without even pouring him a cup of tea.
This could already be considered an insult.
But the scalper did not dare to lash out; to be precise, they lacked the confidence to lash out.
In any case, Shenzhou Technology had sold the goods at a price higher than the market rate, recouping most of the capital.
The distributors on the other side had been appeased and were supplying the various channels in Hong Kong normally.
Because of Hong Xing, the scalpers' goods could not be moved, which could be said to have blocked all of their escape routes.
If they didn't endure it, what else could they do?
After letting them hang for two hours, Xu Jiawei finally arrived late.
The scalper, who had been full of anger, couldn't vent a single bit of temper after seeing Xu Jiawei.
Because Xu Jiawei's first sentence was straightforward: "Do you know that the things you did almost ruined the reputation of our Shenzhou Technology?"
"Sorry, President Xu, please show mercy," the scalper's representative said with his head lowered.
"Thirty percent." Xu Jiawei didn't waste words and directly held up three fingers: "I can buy back the goods in your hands at thirty percent of the original price."
"Only thirty percent?" The scalper leader's eyes widened immediately.
Xu Jiawei sneered: "If you aren't willing, then there's no need to talk. Amy, show them out."
After finishing, Xu Jiawei stood up directly and had his assistant show them out.
"Wait, President Xu. We need some time to consider," the scalper leader said through gritted teeth.
Xu Jiawei said indifferently: "Fine, I'll give you one day. Give me an answer at this time tomorrow; I won't wait past that."
"Many thanks, President Xu." The scalper left, looking dejected.
After the guy left, Xu Jiawei dialed Chen Jiajun's number: "Boss, the matter is settled. These scalpers won't be able to hold on for much longer."
"It's about time," Chen Jiajun said with a smile.
Xu Jiawei said with some concern: "But they have quite a lot of goods in their hands. If we rely solely on the Hong Kong market, we might not be able to digest it all."
"After buying back their goods, you take a trip to Shenzhen."
Chen Jiajun said with a smile: "There are already quite a few distributors over there who are very interested in the Walkman. I believe that with the vast market in the Mainland, we can eat up this entire batch of goods."
"So, Boss, you had already thought of an exit strategy?" Xu Jiawei said with a look of pleasant surprise, "Big Boss, you really are a genius who thinks three steps ahead for every one you take."
"Alright, stop with the flattery, you kid," Chen Jiajun said with a curl of his lip. "The Mainland and Hong Kong markets are just the first step; you will be responsible for the rest of Asia later on. My goal is to have our goods spread across the entirety of Asia."
"Yes, Big Boss," Xu Jiawei said with an excited look. "I will definitely do this job well."
Chen Jiajun nodded. "I'll leave the matters here at Shenzhou Technology to you. If there's anything you don't understand, observe and learn more, and if you can't make up your mind on a decision, go ask Wei Li."
"Understood, Big Boss," Xu Jiawei said excitedly.
With the Big Boss's approval, his position as General Manager of the Sales Department at Shenzhou Technology could be considered secure.
As long as he performed well, the position of President of Shenzhou Technology was not entirely out of his reach to covet.
United States, Niuyue Shi.
Early in the morning, a large crowd of people gathered at the entrance of the Testing and Science company.
These people were all reporters from major newspapers in the United States, specifically there to interview Marvin.
"Mr. Marvin, can the testing system you developed really reach such an astonishing level? Is there any scientific basis for it?" A reporter from the New York Times stepped forward first and began interviewing Marvin.
Marvin appeared very confident and composed. He smiled and said to the reporter, "That's right. My testing system only requires a patient to collect a few drops of blood from their fingertip and mail it to a designated location. Four hours later, they can receive over 240 test results, including cholesterol and cancer markers."
"As for traditional blood testing, patients need to go to a medical institution to have several to over a dozen milliliters of blood drawn, and wait for ten to several dozen hours. I think it is time for this time-consuming and laborious blood testing to be phased out."
Hearing Marvin boast, the crowd of reporters said with some suspicion, "But I have heard many experts say that this is absolutely impossible and that they believe you are faking it."
Marvin's technology was not a fake, and it did indeed have a scientific basis.
It was just that both Marvin and his research team were clear that while there was a basis, it was fundamentally impossible to actually manufacture the finished product.
It was precisely because of this that Chen Jiajun and Cao Weicai chose to go to Marvin's company.
Ambiguous technology that no one could find fault with—this was far too easy to manipulate.
Therefore, Marvin said with great confidence, "My research papers have all been published in the academic journal The Lancet; I welcome experts from all walks of life to come and pick them apart." (End of chapter)
End of Chapter
