Chapter 458 Six Months Later



After participating in the event, Bai Yu left with Wang Hai and Li Xue, bought plane tickets, and flew directly back to Sanya.

For the next period of time, Bai Yu began a busy period, spending every day either participating in competitions or on her way to competitions.

For a full six months, he was basically traveling back and forth between China and abroad, and he didn't miss any of the competitions he could participate in.

Of course, he also won a lot of championships, basically all of them. He only needs a few more to complete his second Grand Slam.

As October drew to a close, Bai Yu finally had some free time.

On October 29th, Bai Yu walked out of the airport with Wang Hai, stretching and loosening their muscles as they walked.

"Ah! We've finally finished participating in all the major competitions this year. Now we can finally have some fun."

Ah Hai, have you decided where you want to go for fun?

"Brother Yu, didn't Uncle and the others say they were going to Da Maozi's place? They said they're starting to catch king crabs there now. Why don't we go and join the fun?"

For Wang Hai, once he has some free time, the first thing he does is definitely find something delicious to eat.

Before Bai Yu and his group went abroad last time, Bai Yu and Wang Hai ran into his uncle at the company. At that time, his uncle and several other captains found Li Shuang and others to discuss something, and they mentioned the king crabs from Da Mao.

They say that the king crab harvest is about to begin in Da Mao, and they can sail there to buy some king crabs and then sell them in Hainan Province.

In addition, they can also fish in the Bering Sea. Their company pays membership fees to the Bering Fisheries Association every year, so it would be a waste not to use them.

Well, Yuxue Shipping Company, as a fishing company in Hai Province, has already paid its membership fees to Da'e (a famous goose company), which is ridiculous.

Actually, let alone the big geese, you could say that Yuxue Shipping Company has paid its dues in all seas around the world, except for those in Japan and South Korea.

The reason they didn't pay membership fees in those two places was that Bai Yu and his group disliked the other party's waters because they thought they were dirty and that mutated seafood would occasionally appear there, so their company wouldn't go there.

Another issue is that they are too poor. The surrounding sea resources of their country are too scarce, even less than our own. Paying them membership fees would be a complete waste of their money.

Moreover, these two places are right on our doorstep. Maybe one day we won't even need visas to go to these two places, so paying membership fees is really unnecessary.

As for the membership fees for other sea areas, their company paid all the fees they could; after all, it wasn't much money over a year.

However, once the payment is made, their company's fishing boats will be able to navigate freely and without hindrance in most major economic waters around the world.

Bai Yu never expected that even after a month, Wang Hai would still remember what his uncle had said.

The sea area where geese catch king crabs is called the Bering Strait. The distance between this sea area and the coastal province can be described as half the circle of the earth.

North of the Bering Strait lies the Arctic Circle, and part of the Bering Strait is even part of the Arctic Circle, while the Hai Province is located near the equator.

Sailing from the sea province to Beringgovsky, the nearest port city on the Bering Sea, would take at least a month, given the speed of their company's fishing boats, and even then, it would be a one-way trip.

The reason my uncle mentioned the Bering Sea was that while they were there to catch king crabs, they also caught some cod and other fish.

Besides king crab and snow crab, cod is another specialty of the Bering Strait, and it is very expensive.

Even if they don't catch cod, catching more king crabs will be enough for their fishing boats to make a profit.

In Hainan Province, even live king crabs cost at least 100 to 200 yuan per jin (500 grams), and that's for the smaller ones.

If you come across a larger king crab, weighing up to five pounds, the starting price is over two hundred yuan, and the larger it is, the more valuable it is.

The most expensive king crabs Bai Yu had ever seen in Hainan Province could sell for over a thousand yuan per kilogram. Those things were indeed very big, and Bai Yu's first impression was that they were king crabs he couldn't bear to eat.

In the Bering Strait, when the fishing season begins, the price of king crab is not much higher than that of cabbage.

This is not an exaggeration at all. In Bering Gorsky, the temperature is extremely cold when the fishing season begins, and the city's vegetable supply has to be transported from other places, making the price of vegetables very high.

During the fishing season, king crabs and snow crabs are the main catches, and their prices are very low.

Even without comparing it to Bering Gorsky, the price of king crab in the neighboring border city of Goose is extremely low.

Have you ever eaten a king crab for less than 100 yuan? And a whole one at that? You probably haven't.

He had eaten Baiyu before, and it was in China, in a border city in Northeast China. Further north, you cross the border to Da'e.

That price is after the product has crossed the border and is considered an imported product with a markup. In the Goose region, king crab would only cost 40 or 50 yuan per pound.

Of course, Bai Yu only heard about this from others. He had never been to the Goose Island. When he traveled before, he only went to Northeast China and heard about it from the locals.

However, it shouldn't be too different. The price of king crabs there is very low. If their company were to send a ship there to pick them up, they would definitely be able to make money.

Moreover, their company has connections. This year marks the third anniversary of their shipping company's establishment, and they've been paying fees to the Goose Fisheries Association for three years. This money wasn't paid in vain; they really have people there.

Moreover, it's the kind of relationship where interests are intertwined, the kind where the fisheries association can profit from their company. Their company can choose not to go to the Bering Strait, but someone within the association cannot do without their company.

After Bai Yu and his crew paid their membership fees, the other party allocated a king crab quota to their company every year. Only with this quota could fishing boats or companies fish for king crabs in the Bering Strait.

This quota is tradable, and every year the quota their company receives is taken by someone in the other association.

Given this relationship, if their company were to source some king crabs from Da'e, would Da'e give them the green light and lower the price?

That's why my uncle and the others discussed with Li Shuang about buying king crabs and fishing in the Bering Strait; there was definitely money to be made in it.

Wang Hai overheard it and has remembered it ever since. Finally, Bai Yu finished most of the competitions this year and was ready to go to the Bering Strait.

After Bai Yu took Wang Hai out of the airport, he got into the car that Li Shuang had come to pick them up. After all, they were the boss and shareholder of the company, so it wasn't unreasonable for them to be picked up by a car when they returned to Sanya.

"Oh, isn't this our CEO Li? What brings you here to pick us up from the airport? Isn't the company busy?"

As soon as Bai Yu got into the car, he looked at Li Shuang, who was driving, and started teasing him.

During the past six months, Bai Yu was always out and about. Even when she returned to the company, she would only stay for a few days before leaving again. She left the company's affairs to Li Xue, Li Shuang, Lu Sheng, and Xia Jing.

Bai Yu said that it was no exaggeration for Li Shuang to come and pick them up despite his busy schedule. Li Shuang is indeed very busy right now because his company's business has expanded once again.

Previously, their company only conducted live-streaming e-commerce on one platform, starting with Douyin and later moving to Kuaishou, always developing on the same platform.

As mentioned before, there have been some scandals involving livestreaming e-commerce hosts on Douyin, and the scandals were quite serious. Too many big hosts were selling counterfeit goods, which caused Douyin's reputation for livestreaming e-commerce to plummet.

After taking Bai Yu's company as a benchmark, Kuaishou's product quality became extremely high, and the customers lost from Douyin were absorbed by Kuaishou.

The final result was that several top Douyin livestreamers were suspended indefinitely for rectification, some of whom even went to jail, and the entire e-commerce platform was also required to rectify within a specified period.

This is why Douyin has realized how important it is for a platform to have a trendsetter.

They used to have a platform, but they were forced to shut it down by themselves. Now, it won't be easy to rebuild one.

First of all, choosing a streamer with a large enough scale and influence is extremely difficult.

Another point is that if everyone were as strict as Bai Yu's company, there would be too few people making money. For many streamers who have made quick money, they would look down on such things and would rather make a quick buck and then announce their retirement.

So after much deliberation, Douyin approached Yuxue Shipping Company, wanting to bring them back, and even offering to allow them to simultaneously broadcast and sell products on both platforms.

In addition, there are also benefits and discounts, and the handling fees have been reduced, making the fees even lower than before.

Li Shuang had previously been discussing this matter with both Douyin and Kuaishou. Whether their company could return to Douyin was not up to them alone.

After all, when their company had a falling out with Douyin, Kuaishou provided them with a lot of support. Their company isn't ungrateful; they can't just abandon Kuaishou after Douyin gives them some benefits.

So in the end, their company brought in Kuaishou and Douyin to negotiate. The three parties exchanged interests and then decided that Yuxue Shipping Company would start broadcasting on both platforms simultaneously.

Both parties also reduced the fees charged by Yuxue Company for live-streaming sales from five percent to four percent.

Don't underestimate a single point in transaction fees; when the base amount reaches a certain level, that single point can become an astronomical figure.

Not to mention that Bai Yu's company has an incredibly strong sales ability, with annual sales exceeding 10 billion yuan. One percentage point of sales represents at least 100 million yuan in profit.

Then, during the tug-of-war between Kuaishou and Douyin, Bai Yu's company gained profits, and huge profits at that.

Next, Li Shuang busied herself with preparations to revive her live-streaming sales on Douyin, recruiting anchors and other staff—no small matter.

After all, even though their company can broadcast live on two platforms simultaneously, it definitely requires two groups of people. It's not feasible for the same person to face one camera and broadcast on two platforms at the same time. It's best to have two sets of people.

Furthermore, in order to return to Douyin to sell goods with dignity, Li Shuang and his team had Douyin issue an announcement stating that Yuxue Shipping Company's return was at the invitation of Douyin, giving their company ample face.

As a result, in the second half of the year, not only Li Shuang, but also Lu Sheng was extremely busy, and he now has less and less time to do live-streaming sales.

After all, Li Shuang was in charge of the company's operations, while Lu Sheng was in charge of the live streaming business. When he returned to Douyin to sell goods, the person in charge was still Lu Sheng. He went from managing one platform to managing two platforms.

Later, on the way back to the company from the airport, Li Shuang told him about the company's recent developments, especially the business of the shipping company.

Currently, their company owns thirty vessels of various types. This is the number of vessels that have already been delivered, and five more are under construction.

...

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