Chapter 208 The Biggest Loophole



After being blackmailed by K some time ago, Han Chudong invited a third-party service provider to conduct a comprehensive risk review of the company.

In addition to the loopholes listed on the list, the person in charge also had a special talk with Han Chudong.

Tell him frankly that there are very few Chinese businessmen who can make so much money in the United States and still maintain sole proprietorship, or it is impossible to find a second one.

This is the biggest security hole.

The other party did have experience and gave an example, saying that if someone knew someone in the official community, they could directly cause trouble during the patent application stage, modify the patent application time, and change the submission time to the day before their application.

Currently, it still relies on manual review and data entry, and it is indeed possible for this to happen, provided that the person is very capable and has an amazing background.

If that were true.

Not to mention establishing patent barriers, even Rainbow Beauty may be banned from selling facial masks and sued into bankruptcy.

Although it's just a hypothesis and it didn't really happen.

However, this taught Han Chudong a lesson, and the name of the course was "Don't be greedy, find help."

His wealth is growing rapidly like a snowball. He was not targeted by many people in the past, but what about the future? No one can predict. The risk is there.

Mason United Group is Han Chudong's private property. If anyone deals with him, it will not have much impact on the interests of others. Instead, many people will become rich.

It was similar to what happened after Howard Hughes' death. Assets in Las Vegas worth about $500 million were said to have been bought together for a little over $300 million. The newspapers didn't specify, so no one knew who got the benefits.

Since then, Han Chudong has been seriously considering how to cooperate with others.

Of course, there is no need to give money to anyone obviously. You still have to earn the money you should earn, but it is best not to block other people's financial paths while you are making money.

Because living in the United States, some racial issues must be considered.

Not to mention that Chinese businessmen no longer form groups, even if they do, their strength is not that strong. It was only the mid-1970s, and the influence of the consortium was still there. They were deeply intertwined, and Han Chudong was an "outsider".

I hate to think about these things, but since we are doing business in the United States, we have to accept the so-called rules even if we have to hold our noses.

Today, Eugene, senior vice president of L'Oreal, arrived. He just expressed an idea that was almost mature. The conditions for cooperation were very demanding, but it was at least an opportunity to participate in the soft mask market.

After a brief thought, Eugene smiled bitterly and said, "It's fine to limit the number of partners. Whoever bids the highest gets the deal. That's reasonable, but a sheet of facial mask paper is actually priced at one dollar? Are you sure you're not kidding me?"

"The cost will be passed on to consumers. You must know the price of the ex-boyfriend series of masks. I can't let others destroy my business. When the mid- and low-end products are launched, the price of the mask paper will be appropriately reduced. Please rest assured."

Han Chudong said it as a matter of course.

What he can be sure of is that even if the price is one dollar and fifty cents, the L'Oréal Group will buy it from him in order to maintain its competitive advantage. In fact, the three cooperation places are prepared for these large beauty giants, and those who are not strong enough will definitely be eliminated.

In this way, Rainbow Beauty has formed an alliance of interests with them and should be able to avoid many unnecessary risks.

Making money is important, but safety is more important.

"So when exactly will the price be reduced?" Vice President Euren asked him again.

"I will tell you the detailed plan when the time comes... As a token of my respect for the L'Oreal Group, transfer 40 million US dollars to me now and I will give you a partner position, but you will have to wait until the third quarter to ship the facial mask paper."

"...I can't make the decision. I'll give you a reply after the board of directors has discussed it. Is it only two years? What about after two years?"

"If we re-auction it, the same old saying applies: the highest bidder wins."

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The discussion was not pleasant.

What made Eugene feel relieved was that he could finally give an explanation to the board of directors. At least he had come up with a feasible way of cooperation.

After he left, Han Chudong began to calculate how much profit he could bring to himself in the short term if he implemented this plan.

There is no need to worry too much about the auction process. If a box contains eight pieces, the production cost of the facial mask paper will not exceed ten US dollars. They can still make a lot of money after obtaining the cooperation rights. Since it is profitable, those companies will naturally be willing to spend money to get one of the three places.

I just suddenly decided to sell it to L'Oreal in advance because I don't have enough funds at the moment. I easily invested more than 10 million US dollars, and now only have more than 30 million US dollars available for investment.

The team responsible for following up with Hermès has received news that they may have reached an agreement on financing and shareholding. This old luxury goods company has been accelerating its global expansion in recent years, and its capital chain happens to be tight. Even the fact that it only has the right to dividends means that it may really accept financing, and the valuation is approximately between US$28 million and US$33 million.

There is no wrong version in the 1619 book forum!

Hermès' positioning is too high-end, resulting in a very small customer base. The price of its women's bags is generally three or four times higher than that of Gucci, with the most expensive selling for seven or eight thousand US dollars each. However, its valuation is not as high as Gucci.

Han Chudong was too lazy to worry about it anymore.

She calculated the time and made a phone call back to Los Angeles. She informed Mr. Colin Farrell, the head of the marketing department, of the discussion with Eugene and asked him to prepare for the auction. She also told him to contact the beauty companies after she returned to Los Angeles and get the remaining Rainbow Beauty Stores open for business as soon as possible.

I haven't forgotten Ishikawa Hayabusa's mission.

Ask the finance department to allocate one million US dollars to Ishikawa Hayabusa to take to Japan first, complete the initial business deployment as soon as possible, and strive to capture more market share before competitors emerge.

Selling facial mask paper is equivalent to cultivating competitors for yourself. However, if you sell facial mask paper that costs a few cents for one dollar and take it to the upstream supply market, you probably won't make less money.

There are both pros and cons. If there is sufficient funding, investment in publicity can be increased, and the ex-boyfriend series of masks will not necessarily be destroyed.

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After staying in Florence for three full days, no other news came.

There are three factions within Casino: those who support the sale, those who oppose the sale, and those who are ambiguous and neutral. The situation is deadlocked for a while.

After hearing the news, Han Chudong seemed to understand why this once giant company had declined. The main reason was the rigid management. He thought that his offer was very generous. In addition to the shares of Gucci, he even bought the Casino brand with a pinch of his nose.

You should know that Casino's business has been losing money for two consecutive years, and it even sold a store in Paris to supplement its funds.

Mr. Maurizio Gucci is waiting for Han Chudong's reply.

As long as Casino is willing to support the 30 million US dollar financing plan, he agreed to accept the financing...


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