The next day, in the Lingnan Hall meeting room.
This conference room is very small. After all, Lingnan Hall’s headquarters building is still under construction and is currently a rented office building.
Lin Sanqi, General Manager Lin Tianhua, Financial Director Yin Lianyi, and 3721 Foreign Trade Company Manager Qiao Qingzhu sat in a row.
On the other side, the top ten jade dealers and jewelry store bosses sat in a row.
At this time, everyone in Lingnan Hall had a smiling face and looked very relaxed.
The ten CEOs on the other side were not laughing at all. They were all anxious and ready to be ripped off.
Lin Sanqi signaled the two secretaries to hand the information to the ten CEOs.
"Mr. Sun, and other CEOs, the information in your hands is the inventory of jade I have. It is to give you an idea of how much jade I have.
If nothing unexpected happens, it may be more than all the jade merchants combined.
Originally, I didn't plan to sell this batch of jade, but at least I planned to sell it slowly so that I could maximize the profits.
But recently our Lingnan Hall made some investment mistakes and our capital chain is tight, so we have to sell off our assets. It’s so pitiful~~~”
Yin Lianyi wanted to laugh but didn't dare to. No one knew better than her how terrifying the cash reserves of Lingnan Hall were.
Lin Tianhua looked calm. He could no longer understand his nephew's actions, but he was sure of one thing: Lin Sanqi had been secretly transferring assets overseas.
The fact that there is still money being transferred shows that there is no problem with Lingnantang Group’s capital chain, and the so-called huge losses are nothing but a smoke screen.
Only the new member Qiao Jingzhu was a little worried, because the huge loss of 2 billion machine tools was caused by her.
Moreover, since he was her relative, she knew better that Lingnantang had only been prosperous for a short time, and a loss of 2 billion in one go was indeed fatal for a startup.
Fortunately, Lin Sanqi had told her the truth. The mission of Sanqi Twenty-One Foreign Trade Company was to spend money and lose money, so she shouldn't have any psychological burden, otherwise she would have really run away.
Even her husband's Feihang Real Estate wouldn't dare to suffer such a loss.
Sun Zhejie and the other nine company CEOs had no time to listen to Lin Sanqi's complaints at this time. Their backs were already soaked.
Because on this list, the top-grade Hetian jade alone accounts for 1,000 tons, and other jades such as Lantian jade, Dushan jade, Xiuyan jade, turquoise, Shoushan stone, chicken blood stone, etc. range from tens of tons to thousands of tons.
Except for jadeite, we have everything else, almost all the precious jade materials on the market.
Sun Zhejie and nine other business leaders discovered at this time that the situation was hundreds of times more serious than they had expected.
The existence of so much jade material is a huge threat to the jade industry. Lingnan Hall is like a timed atomic bomb that will blow everyone to pieces.
Thinking of this, Sun Zhejie opened his mouth and wanted to speak, but his throat was completely dry.
"Mr. Lin, what do you mean?"
Lin Sanqi looked innocent:
"I don't mean anything. I just want to give you old veterans in the jade industry a glimpse. I'm young and don't know how to do business, so I'm just showing my cards directly."
Lin Sanqi means that I have already gone all in, and now it depends on how you are going to follow.
He really didn't have time to argue anymore, because he still had to go around the world to make purchases, just waiting for the money to arrive.
Sun Zhejie naturally understood the meaning of Lin Sanqi's words, but he did not expect that the young man would be so straightforward and unconventional, which made an old fox like him feel very uncomfortable.
"Director Lin, I'll be honest during our closed-door meeting. The jade industry involves every aspect, from mining to transportation to processing and distribution. It affects the livelihoods of tens of millions of people, and there are tens, even millions, of families behind it."
Lin Sanqi thought, after all, he is the CEO of a state-owned enterprise, and what he said has elevated the issue to a higher level.
To put it bluntly, it is another disguised form of moral kidnapping.
But Lin Sanqi’s strategy is very simple: you fight yours, I fight mine, and I won’t get entangled with you on such livelihood issues.
"Mr. Sun is right, so I never thought of dumping the market. We've invited all of you, the CEOs of the biggest jade companies, here. I want to sell, and you want to buy. It's that simple. It's all about money."
Sun Zhejie thought to himself, did I say we should buy it?
Lin Sanqi: No, you want to buy it.
Sun Zhejie looked around, exchanged glances with the others, and then asked:
"Director Lin, how are you going to sell it? Let's see if we can eat it."
General Manager Lin Tianhua interrupted with a smile:
"Mr. Sun, and all the other CEOs, don't be impatient. Don't just look at how much money you have to pay for the jade material now, but you should also look at how much money you can make in the future. Just like this seed material in my hand, one is worth 2 million, and it's about the size of an egg.
As China's economy continues to improve, people are becoming increasingly wealthy, and wealthy individuals are appearing in droves. What do these wealthy individuals do? According to economics, wealth inevitably drives consumption of luxury goods.
There is a set of data that shows that my country has become the country ranked first in luxury consumption in the world, and luxury consumption accounts for the largest share in the world.
A few years ago, it was about 25%, but now it has reached 40%, surpassing the United States to become the world's largest consumer of luxury goods. Japan is second, and the United States is third.
I have another set of data here: In 2013, the market size of my country's jewelry and jade jewelry industry was about 1 trillion yuan, a year-on-year increase of 14%, setting a historical high.
Among them, the annual market size of jade is more than 200 billion yuan, a year-on-year increase of 12%, occupying a very important proportion in the overall jewelry market.
Relevant departments have long predicted that the jade market will continue to maintain steady growth this year and in the next few years, with an average annual compound growth rate of about 10% or more, which means that tens of billions of yuan will be generated each year.
What does this mean? It means there are many wealthy people in our country.
Rich women like to buy brand-name bags, and then beautiful jewelry. Everyone comes to buy jade, so think about how much profit our Lingnan Hall jade can create for you?
All of you bosses are business elites with a long-term vision, which is why you have grown your business so big.
So, don't worry about the gains and losses in the present, but focus on the future. We at Lingnan Hall will not make every last penny."
Lin Tianhua is a businessman after all, and he quickly convinced everyone by presenting these sets of data.
The ten CEOs agreed with this. The jewelry industry has been experiencing double-digit growth every year. Jade has both collectible and gemstone functions, and is more popular among wealthy people.
You may spend 1 million to buy a piece of Hetian jade this year. In a few years, it may rise to 3 million. You will make a profit if you buy it.
Lin Sanqi thought that the premise of this value preservation and appreciation is that the economy always maintains rapid growth. In the event of a natural disaster, a global public disaster, and then a global economic recession, the jewelry will only depreciate, not appreciate.
Who would be a fool to be the CEO of a leading company in the industry?
How could they be fooled by Lin Tianhua's few words? They were just finding an excuse to be ripped off.
After all, Lin Tianhua's prediction was not wrong from the perspective of 2014. That was the time when hot money was pouring in, auctions were setting new records, and housing prices were skyrocketing.
No one could predict that the situation would change overnight in five years.
Sun Zhejie took a sip of water to calm down, knowing that the time for hand-to-hand combat with bayonets had come.
"Director Lin, and General Manager Lin, let's have a closed-door meeting. We understand your intentions and your sincerity. But let's be business-like. Please name a price, Director Lin, to see if we can afford this batch of jade."
Lin Sanqi smiled and stood up:
"Come on, I'll take a few of the bosses to our vault. Let's look at the goods first, and then discuss the price. You can make your own judgment."
In fact, this is a psychological warfare. If they sit in the office to negotiate the price, the price will not go up. No matter what price Lin Sanqi gives, they will cut it hard.
If these ten companies really unite and refuse to buy the jade from Lingnan Hall, Lin Sanqi will also have a headache.
Does he really dare to crash the market?
Sun Zhejie is right. This concerns the livelihoods of millions of people, and the relevant departments will not sit idly by.
When it comes to government connections, how can Lingnan Hall compare to these ten jade merchants? Furthermore, two of them are from the Hong Kong jewelry companies, which have great influence.
Northerners like to monopolize business. They only allow one company to operate on a street, and all the others will die. Therefore, it is easy for them to go to extremes and engage in confrontation.
Southerners always adhere to the principle of "not making a profit from the last penny" when doing business. Harmony brings wealth, and it is best to form an alliance of interests and make money together.
So Lin Sanqi will definitely make a lot of money, but he will not ruin his relationship with these jade companies.
You have to know that he will have to purchase jade from the 1960s, continue to deal with them, and make money from them.
Some people may say that if you have jade, you can build your own channels. At worst, you can set up a jade company and open stores all over the country.
Actually, running a national jewelry chain is not that easy. It is asset-heavy, requiring a large pool of expert talent.
Besides, Lin Sanqi's policy is to stay in Huadu. He will not easily go to other people's territory to open a company or a store. That would give others an opportunity to take advantage of him.
In the underground vault, Sun Zhejie and other bosses saw the warehouse full of jade, and their last hope was also dashed. (End of this chapter)
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