The news of the planned auction spread widely throughout Dongning City.
For a time, in the hotels and restaurants of all sizes in Dongning City, merchants from countries such as Arabia, Persia, India, Southeast Asia, Mogadishu, and Malindi were all discussing the matter.
"Have you heard? Mr. Muhand, Dongning is going to hold an auction to auction off the exclusive rights to Dongning's goods."
A burly man stroked his thick beard and spoke.
"Really? What kinds of products do you have?"
Muhand frowned and asked, "Do you have any soap, bar soap, or perfume? These goods sell very well in the Abbasid Caliphate!"
"Of course there are!"
The burly man said, "We not only have soap, bar soap, and perfume, but also cement, glass mirrors, coal stoves, and cloth."
I heard that Dongning is going all out, offering exclusive rights to everything they have!
"Really?"
Muhand's eyes gleamed as he said, "If that's the case, then we should also go and see if we can get the exclusive rights to sell our soaps. That way, our influence in the Abbasid Caliphate will be even greater!"
As he spoke, Muhand looked at the burly man in front of him and asked, "When will the auction be held?"
"I heard it's the day after tomorrow."
The burly man spoke up, saying, "The entire city of Dongning is currently busy with this matter."
"Time is running out."
Muhand frowned and said, "Sell all of our merchant guild's goods immediately to free up capital. Don't buy any more goods for the time being. We need to accumulate enough funds to win the exclusive sales rights."
...
Not only Muhammad and others from the Abbasid Caliphate, but also merchants from Persia, India and other countries were discussing it.
The exclusive right to sell Dongning products is synonymous with profit!
All the merchants were paying close attention.
Two days later, representatives of business companies from various countries gathered in a new building in Dongning New City.
The huge hall was bustling with people.
These people are all here to attend the auction for the exclusive right to sell Dongning commodities.
At 9:00 a.m., He Tongyuan, who chaired the meeting, along with representatives from the Dongning business community, Hu Xueyong of Qingyu Trading Company, Sun Bin of Sunji Trading Company, and others, had already arrived.
After these people arrived, they went up to the high platform above.
Instantly, everyone in the auction room fell silent, and everyone's eyes were focused on He Tongyuan and the others.
"Gentlemen,"
With a smile, He Tongyuan said, "Welcome everyone to the Dongning Commodity Exclusive Rights Auction."
Today, we are auctioning off the exclusive sales rights to all Dongning products.
The specific auction rules have been printed in a booklet and will be distributed to everyone soon.
As soon as he finished speaking, a waiter brought over a thick stack of booklets, one for each person, and distributed them to everyone.
After receiving the booklet, everyone looked at its contents.
Muhand flipped through the booklet and immediately saw one of the demands—exchanging grain for the exclusive right to sell Dongning goods, and using grain to buy Dongning goods?
Free of charge?
Barter?
Dongning's request is really unusual!
Not only Muhand, but the other merchants were also somewhat surprised.
After a short while, they all came to their senses and secretly calculated how much grain they should use to compete for the Dongning commodity monopoly.
At that moment, a merchant closed the booklet and said softly, "Shall we go back?"
"go back?"
The attendant was somewhat surprised. He looked at his master beside him and asked, "Sir, are we no longer competing for the exclusive rights?"
"Need not."
The businessman smiled and said, "We have other ways to make money!"
The businessman immediately left the auction site without stopping and headed straight for the dock.
Upon arriving at the dock, the merchant immediately ordered, "Immediately notify the local offices to purchase and stockpile large quantities of grain. Not a single grain can be sold without my order!"
Price increases of up to double are acceptable!
"ah?"
The crew member was taken aback, but seeing his master's expression, he didn't ask any further questions and boarded the ship to leave Dongning City.
...
At this moment, at the auction venue.
"Gentlemen,"
He Tongyuan smiled and said, "The requirements for this auction are all noted in the booklet."
We hope that all the business representatives participating in this auction will strictly abide by the laws of Dongning, pay taxes on time, and refrain from any actions that violate the requirements of the competitive monopoly right.
Remember, all grain was inspected and measured according to the Dongning standard weights and measures.
The unit is stone.
Each price increase will be rounded up to the nearest whole number!
The auction is now open!
As soon as He Tongyuan finished speaking, an attendant arrived at the scene holding a large sign.
The sign prominently displayed the word "Persian".
"The exclusive sales rights within Persia are now up for auction!"
He Tongyuan continued, "The first item up for auction is the three-year exclusive right to sell soap, with a starting price of 10,000 shi of grain."
Start the bidding!
"Fifty thousand stones!"
As soon as the auction began, someone raised their paddle and shouted.
However, no sooner had the words left his mouth than someone else raised a sign and shouted, "Sixty thousand shi!"
"Seventy thousand shi!"
"Seventy-three thousand shi!"
...
The price instantly soared to over 70,000 shi.
Meanwhile, sitting in a private room on the second floor of the auction venue, Li Xin smiled and sipped his tea.
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