After a detailed discussion, the two reached a consensus:
Sun Zongyuan entrusted Li Jiawei to establish Yuanda Industry and Trade Co., Ltd. in Hong Kong, and hired Li Jiawei as manager with an annual salary of US$500,000,000 and an equity bonus of 5% of the annual profit. Li Jiawei was fully responsible for other matters.
All 4,000 tons of canned food will be in place before May Day next year. The price is US$2,400 per ton, minus US$800, for a total of US$3.2 million as the first phase of investment for the new company. Li Jiawei carries out business activities under the guidance of Sun Zongyuan.
After the contract and letter of authorization were signed, the two men shook hands vigorously and said, "Our cooperation is successful!"
Many years later, Li Jiawei told his descendants about this extraordinary night:
"Because of a trade transaction, I was deeply impressed by Mr. Sun's outstanding vision and extraordinary ability. As the owner of a small trading company with no future, joining Yuanda Company was the biggest and most correct decision of my life!"
Due to historical limitations, Sun Zongyuan had to use some special methods.
In the next two days, there were not many orders and they were not large, so Sun Zongyuan asked County Magistrate Wang if he could go back early.
It was County Magistrate Wang’s first time in Guangzhou, and the novelty had long worn off. Besides, Anyang County had already been established, so he wanted to go back. After all, it was the end of the year and all the work had to be finished, not to mention the large winter production task that was underway.
I also asked Commissioner Liu Dehai for instructions. Commissioner Liu was also very happy about this trade fair. He was also very confident in front of leaders from other regions and the province. The pace has been much more steady in recent days, so he agreed to Anyang County's request, but asked him to keep a few sales staff until the end of the Canton Fair. If possible, sign more contracts, and don't pack up and leave now.
Sun Zongyuan happily agreed, and stayed up all night drinking with his leaders. When they left, everyone had a Shanghai watch on their wrist.
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