Chapter 195: The Panicked Foreigners

Chapter 195: The Panicked Foreigners

Chapter 195: The Panicked Foreigners
In an office in Central, Hong Kong Island, Steve was elegantly reading an English newspaper. There were also a few white people playing poker next to him.

"Haha, Steve, I win again." A foreigner said happily.

Steve put down the newspaper and said with a smile, "Ted, it's just a few dollars, and it's Hong Kong dollars. Why are you so happy? How about I take you to Macau for fun?"

"I'm not going. I don't participate in gambling. A few dollars is the limit I can accept." Ted shook his head.

Another foreigner laughed and said, "Ted, the price of plastic pellets has increased recently. You have made at least hundreds of thousands more. Why are you still so stingy?"

Tate said: "This is a principle. I don't gamble. It's not about how much money it is. However, if you send me a blonde, I don't mind spending a little more money, haha~"

"Haha~" Everyone laughed. Steve said, "That's easy. I know a hotel that can definitely satisfy all your fantasies."

"Okay, that's brotherly." Ted said with a smile.

Suddenly, the door of the office was opened, and a brown-haired man walked in with a few newspapers in his hands and a serious expression on his face.

Steve saw that something seemed wrong, so he asked, "Fisher, what's wrong?"

Fisher came in front of the crowd and said with a grim expression, "We are in big trouble. Changxing Industry has directly shipped back a shipload of plastic particles from overseas. I estimate that it is at least several thousand tons."

"Thousands of tons?" Steve's face changed drastically, and he asked, "Where are they imported from? Japan? I remember that Japan doesn't have enough plastic for its own use, right? They are also an importing country?"

Fisher replied, "It's imported from the United States."

"The United States?" Steve frowned and said, "For such a long distance, the cost of shipping is not low, and we also need to set up warehouses for storage and transportation in the United States. I'm afraid it will be more expensive for them to do this than to buy from us, right?"

Fisher shook his head and said, "Sea transportation is indeed expensive, but what if they have their own ships? Take a look at this newspaper."

After saying that, he threw down a newspaper. Ted and Steve took a look and found it was a Chinese newspaper, which they usually didn't read. Although they knew Chinese characters, it was still a bit too complicated.

Steve picked up the newspaper and flipped through it before muttering, "It turns out that Changxing Industry established a shipping company a few months ago. I don't read Chinese newspapers, so I didn't know about this."

Fisher nodded and said, "Yes, his ship sends its cargo to the United States and brings back the plastic particles, so that we are no longer needed."

"Yeah." Steve said after a moment: "Don't worry about it. In fact, this is also within my expectations."

Ted asked back, "You expected it? What do you mean?"

Steve explained, "The scale of Changxing Industrial is getting bigger and bigger. You all know their latest product, the suitcase. Who here would want to buy one if they see it?"

"Yes, I have to say, Eric Yang is very creative." Ted agreed.

Steve added: “When their scale becomes larger and larger, they will inevitably bypass traders like us and purchase directly from factories.

This is inevitable for the development of any large enterprise. If there were no plastic manufacturing companies in Hong Kong, I am afraid that ordinary factories would bypass us."

"That's true," Ted nodded.

Steve smiled again and said, “So don’t worry too much. Losing a big corporate client is certainly a loss, but since this is inevitable, the business we can earn for one or two years before that is already pretty good.

In addition to Changxing Industrial, there are still hundreds of plastic processing factories in Hong Kong. In recent years, the plastic industry has been doing better and better, especially in the toy industry. We will continue to make a lot of money in the future."

"Yeah." Everyone reacted and smiled again. Only Fisher, who had just come in, didn't change.

Steve noticed and asked again, "Fisher, what's wrong? Still don't believe me?"

"No, what you said is all correct." Steve said slowly, "But Eric obviously doesn't just want to buy for himself. He also invited a large number of Chinese plastic factories in Hong Kong to go to their warehouse. I think you should all know his purpose."

"What?" Steve, who had been very calm, changed his expression after hearing this. He asked, "He wants to sell the plastic particles to other Chinese factories as well?"

Fisher sighed and said, "What else? Are you going to show off to other Chinese people?"

Ted next to him was also furious and said, "How can this be possible? We have been the only ones doing the business of importing plastic particles for decades. He can just run a good factory. Why is he trying to steal our business?"

After listening to this, Steve frowned slightly and said, "Don't worry. Although they have their own ships, the cost of transporting them back from the United States is still very high, and the traders in the United States also want to make a profit."

Fisher shook his head and said, "But if he dares to do this, he must be able to control the cost."

Steve thought for a moment and said, "Maybe it was because we raised the price last time that gave him room to manipulate this matter; perhaps, we should lower the price and return to the previous price."

"This" Several people present were a little hesitant, and a foreigner said: "Steve, if we do this, our profits will plummet."

"Even if profits drop, it's better than having no customers." Steve also knew that people are greedy, and then he said, "Fisher, you are the best at getting information, see if you can find out how much the other party can control costs.

If we can find out the specific figures, we can reduce the price a little bit, and everyone will suffer less loss.”

"Well, OK." Fisher agreed and said, "I will find out. Although I can't find out their specific cost, as long as they sell to other factories in Hong Kong, I can find out the price."

Steve nodded, and then said to the others: "Don't worry too much, our factory is in Southeast Asia, and the transportation cost is much lower than that in the United States;
If we really compete on price, they can’t beat us.”

"But if that's the case, I'm afraid the profit will be much less." Several foreigners complained again.

"It's already like this, there's nothing we can do." Steve shook his head and said, "There are only two possible outcomes for this matter. Either we compete on price for a while, our costs are low, and Eric is forced to withdraw from this industry, but in the future we will have to sell him raw materials at a much lower price;

Or he can join us, set the price, and become one of us.”

"Let a Chinese person into our circle?" Ted frowned.

Steve asked back, "The Chinese in Hong Kong are becoming more and more powerful now. Even the Hong Kong government is trying to win them over. What else do you want?"

"Okay." The few foreigners had no choice but to agree.

About 3 kilometers east of the Kowloon Wharf, about to people came to the door of a large warehouse. Yang Wendong walked out, bowed and said with a smile: "Hello, everyone."

There were too many people, many of whom he didn't know, so this was the only way he could greet them.

"Hello, Mr. Yang." When everyone saw Yang Wendong, they all bowed politely and said with a smile.

"Everyone, please come in." Yang Wendong pointed to the direction of the warehouse entrance and said, "How about we check out the goods first and talk about things later?"

"Okay." The man in the lead, wearing black-framed glasses, was the first to agree.

This person is Li Jiacheng of Cheung Kong Holdings.

Afterwards, everyone followed Yang Wendong and Wei Zetao into the warehouse.

What caught the eye was a large number of bags filled with goods neatly placed in the cargo hold. Unlike other warehouses, there were passages several people wide between the goods, which were wide enough for everyone to check around.

Many people saw the logo on the bag, and then seemed to have discovered something and discussed it with each other.

Li Jiacheng looked for a while, then came to Yang Wendong and asked, "Mr. Yang, how many kinds of plastics do you have in this warehouse?"

Yang Wendong replied: "There are 37 types in total, of which I need 6 types myself. The others are based on the demand in the Hong Kong market. I bought the ones that ranked first, and the quantity is also based on the demand ratio."

Li Jiacheng also understood what Yang Wendong meant, and asked again: "How many tons are there here?"

"About 8000 tons." Yang Wendong said with a smile.

A cargo ship pulling hollow plastic suitcases is limited by space constraints, while a ship pulling solid plastic particles is limited by its own displacement.

The Shun'an is a 10,000-ton cargo ship that can carry 10,000 tons. This weight exceeds the needs of Changxing Industrial, at least for now. Therefore, it also brings goods back to other factories in Hong Kong.

It would be good to develop new business at the same time. Anyway, the factory in Taiwan is also planning to supply not only Changxing Industrial, but also various plastic factories in Hong Kong.

Li Jiacheng's face changed and he asked, "Mr. Yang wants to take over the entire supply of plastic particles in Hong Kong."

"Haha, I have this idea." Yang Wendong said with a smile: "But it is also a good thing for all the factories in Hong Kong. My price is definitely cheaper than those import traders."

Li Jiacheng nodded, and then asked: "Mr. Yang, I don't know much about shipping, but the cost of shipping from the United States, even if you have a cargo ship, should not be cheap, right?"

"Transportation is not cheap." Yang Wendong said, "But I have my own solution. This is a trade secret."

"Okay." Li Jiacheng didn't ask any more questions.

After walking around the warehouse for a while, everyone on the scene basically found the type of plastic they needed.

Later, at noon, Yang Wendong brought everyone to a large office in the warehouse next door, which had simple seats.

After everyone was seated, Yang Wendong walked to the top and said directly: "Ladies and gentlemen, since the opening of Hong Kong, except for things that can be imported from the mainland, everything else is basically controlled by British companies.

Plastic particles are the most basic industrial products, and everyone has suffered greatly from them. Foreign companies can raise prices whenever they want, and everyone has no choice but to accept it.

So, what I am going to do is for us Chinese to go overseas and buy plastic particles, ship them back ourselves, and then sell them to you at a suitable price.”

"How much cheaper will this suitable price be than the current foreign bank's price?" someone asked below.

"Yes." Others also asked. Everyone knew Yang Wendong's purpose. For them, price was the most important thing.

Yang Wendong gestured to someone next to him, and then that person handed over a stack of documents in his hand.

Yang Wendong said: "The price in your hands is that in the next six months, our price will be about 10% cheaper than that of the import companies."

"Half a year?" Li Jiacheng also saw the concentrated plastics he needed, which were indeed much cheaper than those sold by foreign companies. Then he asked, "What about after half a year?"

Yang Wendong said: "After half a year, it is natural to re-price. There are many factors that affect the price of plastics, so I can only set the price for the last six months."

In fact, the price of this kind of goods usually changes at any time, but we need to grab the market, so we set the price first to attract customers.

Another person asked, "Mr. Yang, the goods in the warehouse just now cannot meet the needs of the Hong Kong market, right? When will you be able to purchase more goods next time?"

Yang Wendong replied, "Don't worry, my ship will soon leave for the United States, and the next time we come back will be around the Chinese New Year next year."

The person who asked the question just now asked again: "In this case, the quantity may not be enough, right?"

Yang Wendong said with a smile: "It may not be enough. After all, I have just started here, and it will take some time to meet the needs of the Hong Kong market. I hope everyone can understand.

Next year, I will purchase more ships, and by then I will be able to easily meet Hong Kong’s needs.”

This answer made everyone feel at ease, and then everyone discussed with each other.

Yang Wendong gave the home court to them and left with his people. After all, it was not good to let the buyer discuss things in front of the seller.

……

Until noon.

Wei Zetao came into Yang Wendong's office and said with a smile, "Mr. Yang, except for the plastic particles we need, the rest have basically been bought out."

……

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(End of this chapter)