Energy Group

Section 12 (Chow Tai Fook's Decline

The Qin family mansion, most of the more important people in the Qin family this morning, basically everyone in Hong Kong arrived, because two trucks came in this mansion. This is the price of helping Li Cong this time. Two truckloads of rough emerald stones were delivered to them. At this time, Father Qin also looked at his son Qin Guozhong very appreciatively. In the past, he thought that his son was a very business-minded person, but he didn't think of his own. My son is also very accomplished in interpersonal communication. I met a very good person. Since I first met this person, Qin Jewelry has made at least tens of billions of Hong Kong dollars in profits from this person. One-third of the Qin’s jewellery before the Burmese jadeite was sold. Now that this kid is called to officially take over as the head of the family, no one in the family will object.

"Father, the two cars have a total of three hundred and fifty rough jadeite stones. I have seen them all. Some of the stones perform really well. We use the same strategy as before, or cut them all. Qin Guozhong glanced at his own Laozi and asked. In the past, Qin Jewelry didn’t care much about these rough jadeites. They bought all jadeites, but now it’s different. If you only buy jadeites, I’m afraid you The money is really not enough.

"Hehe, now I'm old, you can make up your mind after these things, did your friend bring back the jade that your friend left for our house?" Old man Qin said with a smile, this is a disguised appearance in front of the whole family I have recognized Qin Guozhong’s paternal status. Even if there are a few people who have a bad relationship with Qin Guozhong, I now know that this kid’s position has basically been consolidated, and people like myself basically have no hope. If you still have a face, you shouldn't continue to struggle with this matter, otherwise you may end up becoming an enemy.

"I brought them back. They are in those two boxes. They are both top-grade jadeites. These two jadeites are made of glass. I offered a price of 3.5 billion Hong Kong dollars. These two jadeites are based on our Qin's jewelry. Judging from the current consumption, it can almost last for six or seven months. At that time, I believe there will be some gains in these jade rough stones. This time even if we do not participate in this public sale, we can persist for more than one year." Of course Qin Guozhong knew why Li Cong had sold himself two pieces of jade at this time, but he didn't want his family to be killed so miserably on the upcoming public market.

The price of 3.5 billion Hong Kong dollars?The rest of the family looked at Qin Guozhong incredibly. When did this kid have so much power, he was so powerful, and he could do such things. In the past, when he went to Myanmar, he could take him with the family. In the past one billion Hong Kong dollars, and now you can use more than one-third of the family's working capital. It seems that the old man really doesn't like this guy in general.

When the old man saw these two jadeites in his house, his face "showed" a satisfied smile. This son’s friend was really interesting. If the two jadeites were sold as jewelry, at least There will be more than 4 billion in income. Although the profit is only a mere 500 million Hong Kong dollars, it is better than that without the closing of the goods, and you can raise the price at that time. After all, the price is calculated according to the current price. , It’s hard to tell what the price will be in the future, maybe this is the beginning.

Old man Qin is also a prophet. He thought of this moment when one of his nephews came in quickly with a few newspapers from the outside. It looked like something major had happened. The Qin family’s tutor was OK. This shouldn't happen, but at this time the expression on this guy's face is really very anxious.

"Second brother, what has happened, come and take a look at our jade." Qin Guozhong knew that he was his cousin by listening to the footsteps, but now that he is carrying him, he can't see this guy's face in that position. I thought that this guy also knew that there were two new jadeites at home, so he rushed over to take a look. I don’t know what happened to the newspaper in his hand. There was something big in Myanmar. , Burmese jade has something big.

"Where do I have time to look at this, uncle, let’s take a look at this news. Several big newspapers and stations of sex in the world have published such a news. The biggest jadeite stone of Liu Huoshan, the largest warlord in Myanmar There was a huge explosion in the warehouse a few hours ago. There are hundreds of thousands of rough jadeite stones. Now almost everyone should know.” The news has already arrived in the newspaper, as long as it is the one that can buy the newspaper. People probably already know the news. Old man Qin was happy that he got two good jadeites at home just now. The smile on his face immediately disappeared. There were so many rough jadeites, hundreds of thousands. It should be Liu Huoshan's savings for more than ten years, and the big warlords don't have jade rough stones in their hands. So what price will the next public market offer?

Father Qin thought of the rough jadeite stones outside. After this news and the speculation by interested people, it is estimated that the rough jadeite stones worth 3 million Hong Kong dollars will reach 5 million Hong Kong dollars, maybe even higher. The current one Anything in society can happen, but the happiest ones are probably those speculators, and speculators with stocks in their hands. Not to mention, it is the kid Ling Tengyun who spent several million Hong Kong dollars in the beginning. Order a small stone, but when the news came down, several people from the Northeast Commercial Gang arrived in this guy’s room in the hotel. They wanted to double the price to buy the rough jade stone in Ling Tengyun's hands. Unfortunately, Ling Tengyun simply did it. I don't want to sell, but I still get quarrelsome by these people every day.

In the Chow Tai Fook Jewellery Group meeting room, Hong Kong’s largest jewellery group held its own board of directors overnight. At the meeting, Chairman Zheng Yutong and some other directors asked the group to use the greatest strength to acquire the jadeite rough. Otherwise, it is very likely that Chow Tai Fook This brand has the possibility of “sex” that does not exist. The jewelry industry sells for a price. The more expensive the thing is, the more customers it is. This thing is not cheaper and more popular. In the past, jadeite was only a medium High-end things, but after so many things, jadeite has now become the highest accessory that overpowers diamonds, so they have to adjust their business strategy. The previous set is basically not available now. Yes, this is also a reason for the meeting tonight.

"Everyone, our people in Myanmar have confirmed the accuracy of this news. Although the Burmese warlord Liu Huoshan still has several jade pits in his hands, they are all jade mines that have been mined for many years. The problem of not being able to continue production is still a problem. The shortage of rough jadeite is no longer a short-term problem caused by the war. It may become a long-term problem. Although there are more than two million rough jadeites on the Yangon Jade Market, However, there are still very few high-quality jadeites, and what Liu Huoshan loses are all high-quality. Even though Myanmar is now in peace, I still want more high-quality rough jadeite as before. It's a problem." The person in charge of Chow Tai Fook's purchasing department said with a bitter face. All this happened so suddenly that he had no chance to operate at all. Now he has to face the bitter fruit of high prices.

"The matter has basically been determined. I believe everyone understands what Minister Wang said just now. Our group may be in an extremely important position now. The next step for our survival is jade, and all jade is from It came out of the rough jadeite, so we must have a huge reserve of rough jadeite, so that we will not lose so quickly in the next competition in the jewelry industry. Vice President Zhao, you can tell us about this time. I hope everyone can listen carefully to the preparations and difficulties encountered by the group. If something goes wrong, everyone will bear the responsibility in the future.” said Mr. Zheng Yutong, who has not participated in Chow Tai Fook’s events for so many years. The board of directors is now, and there is no such thing as an urgent meeting. This time he came to participate, which shows that this meeting is very important, and it is indeed the same as he said. It is related to the survival of Chow Tai Fook in the future.

"Okay, I believe everyone is very clear about what Chairman Zheng said just now. Let me elaborate. Our group has now collected six billion Hong Kong dollars to purchase jade rough stones. Originally, we felt that this price should be available to our group. Month’s demand, but due to the impact of this news, it is estimated that six billion Hong Kong dollars can purchase half of the previous amount. Therefore, the purpose of the group’s meeting is to hope that everyone can raise funds and contribute a sum of money. The benefits are distributed. I can tell you that after the calculation of the financial department of the group, the money should have more than 30% benefits by the end of the year, and of course it may be higher. So we are ready to face everyone. Hong Kong citizens issue corporate bonds with an annual rate of return of 20%. The board of directors will also put 3 billion Hong Kong dollars in bonds. I hope that everyone can support the group at this time.” This Vice President Zhao is also Zheng Yutong’s deputy for many years. In the past, he never thought that the famous Chow Tai Fook Jewelry Group would reach this point, but what happened here today made him understand that if he didn't do that, the Chow Tai Fook Jewelry brand might really disappear.

Three billion Hong Kong dollars in group bonds?Although the directors have known about this for a long time, they still did not expect to issue so many. The group issued four billion Hong Kong dollars in bonds as early as the beginning of the year. Generally, a group like Chow Tai Fook has four billion per year. The Hong Kong dollar is basically the end, but now the staff and the board of directors add up to absolutely more than 10 billion Hong Kong dollars. If all this money is used for purchases, the entire group may spend more than 10 billion Hong Kong dollars in purchasing jade. , When is this a very huge investment.

"I'm sorry, Mr. Zheng, I feel that this jadeite is a bit overheated. We have used all our funds to purchase jadeite now. What about the diamond purchase in November? At that time we still have to continue. Do you issue bonds? As an old shareholder of the group, I hope that the group will go well. I do not recommend that the group purchase jade on such a large scale, but I have no other opinion on the resolution of the board of directors. I personally subscribe for corporate bonds worth 5 million Hong Kong dollars. "In each group, there will be a few antagonists. This person is Zheng Yutong’s earlier collaborator, but now he has become Mr. Zheng’s biggest enemy within the group. His wealth is in the dozens. It is between 100 million Hong Kong dollars, but now it is only buying 5 million Hong Kong dollars in bonds, and what he said is considered relevant. This is to tell those who are vacillating that this resolution was made by Zheng Yutong himself and has nothing to do with him. The words are also Zheng Yutong's own business and have nothing to do with others, especially me.

In the past, as long as the old guy raised some objections, he did not dare to talk about the outside staff, but there would always be some supporters inside the board of directors, but now, looking at it, his former hardcore supporters will You are a little evasive from the eyes of this old guy. You old guy wants to fight with the chairman. We can't control it. But now is a critical time. You fight with you, but you can't stop us from making a fortune. Buying rough jadeite now One thing that is one hundred times more important than buying diamonds, the current rough jadeite stone is almost the same as the price of gold, but there is not so much gold, but there are so many rough jadeite stones.

"I don't agree with Mr. Zhu's remarks. I think it is risky to do things. Although it is not impossible for Chow Tai Fook to develop steadily, we may be driven by some people. Above, for example, Qin’s jewellery, which had only half of our assets in the past, but looking at the actions of Qin’s jewellery in recent years, I am not very clear about other aspects, but in the case of jade, Qin’s jewellery has indeed dumped us It’s very far, so I support the group’s decision to buy 25 million Hong Kong dollars in bonds.” A Zheng Yutong’s confidant immediately hit back. His words won the approval of many people, and in a while, hundreds of millions of dollars were spent. The bonds have been sold, and the people on the board of directors will have hundreds of millions of fortunes. Buying some of the group’s bonds looks good and it is an investment. Why not do it? It’s just the face of the old Zhu who spoke just now. It’s a bit unsustainable, when these juniors can also accuse themselves like this. The expression on this guy’s face, Mr. Zheng Yutong, is all in his eyes, but he didn’t say anything about Bodhisattva, just let his subordinates see this clearly. At this time, I am not merciful.

Zheng Yutong breathed a sigh of relief when he saw the news. The rough jade stones that Li Cong sold to him the day before yesterday doubled in value because of the news. Although there was nothing good about driving two stones by himself, With this double price, I can be considered as earning my own capital. Because of the increase in the price of rough jadeite, the price of jadeite, which was already high, has become even higher.

Zheng Yutong has been able to call the wind and rain in Hong Kong for so many years, but he is very clear about the market. Now he is hoarding rough jadeite. If you hoard it, it may not have any big effect, but if you don’t hoard it, it is estimated that you may die immediately. In such a market, it is not impossible to rely on his own ability, but the risk is too great. I am already over 70 years old, but I don’t want to have nothing when I am dying, so I thought of using the group. Buying in name, even if you lose money, some people will follow your own. If you win money, it's easy to say. These people are their own people. When the time comes, they eat meat by themselves and they drink soup. Is there anything wrong with it?Who told you to follow me?

"Mr. Zheng, now that the bonds and the funds of the group, we have more than 20 billion Hong Kong dollars to hoard rough jadeite, don't know if it is enough?" The vice president and the head of the wealth department brought two copies after the meeting. The document entered the office of Mr. Zheng Yutong, and the three of them were the core part of the entire group.

"Hehe, 20 billion Hong Kong dollars is the biggest one in my life, but I still dare not say whether the money is enough or not. People in this world are crazy because of jade. Although we are not speculators, we use this It’s okay to get rich. I keep talking about the Chow Tai Fook brand, but is this brand worth 20 billion Hong Kong dollars? Those magazines say that it is worth hundreds of billions of Hong Kong dollars. But if I sell this brand to him, does he need it? He is willing to sell it. Is the money he estimated by himself? No, so this time our task is to buy as many jade as possible, and then change hands. Our jewelry store will specialize in diamonds in the future, and let the jade piece be given to Qin's jewelry. , But when we quit, we still have to make a fortune." Zheng Yutong has already seen that it is a certainty that Qin’s jewels rely on jade to grow bigger. They have no way to stop them. What you need to do is to do your own thing honestly, and it would be nice if you can make a profit when you retreat.

The other two subordinates knew about Zheng Yutong’s “sex” personality. He must have thought about this decision for a long time. Both of them shook their heads helplessly. They wanted to be the boss for a lifetime. At this time, he had to admit defeat. In the future Hong Kong jewelry industry, Chow Tai Fook’s brand may be a little weaker, at least on jade, there will be no achievements, I don’t know if this will be further thrown by Qin’s jewelry?