The reason why we emphasize that Liu Shengguang's oil is not adulterated is because the society is full of various counterfeit and shoddy products.
After the failure of the price breakthrough implemented last year, prices skyrocketed, which directly led to a sharp drop in economic growth and the widespread appearance of counterfeit and shoddy goods.
This has made the society, which is already full of complaints about the barriers to entry, even more resentful.
In addition, China was facing sanctions from the international community at the time. The United States announced sanctions against China twice, with the intensity continuously escalating, including suspending all high-level mutual visits and stopping overseas companies' investment in China.
Subsequently, the European Community, the Group of Seven and more than 20 Western countries launched sanctions against China.
Throughout 1989, the entire country was filled with an atmosphere of gloom, tension and turmoil.
Economic turmoil also disrupted society's confidence in reform and opening up. Deepening reform was no longer frequently mentioned, and more voices opposing bourgeois liberalization appeared in newspapers.
People who have been busy getting rich for the past ten years have begun to feel anxious, wavering, and waiting and watching. They don’t know where their path lies.
In less than a year between 1989 and 1989, the number of private enterprises in the country was reduced by half.
Perhaps the only person in the country who didn't take these things seriously was Jiang Wei.
As a person who has been through this, Wan Feng knows the general trend of development. He doesn't take these minor storms seriously at all and just eats and drinks as usual.
He knew that even if there were turbulent waves, the ship of reform would still move forward, and that was enough.
Therefore, everything about Jiangwei was almost unaffected, even the sales of its products were not greatly affected.
Anyway, there is almost no backlog of products produced.
Because of the prevalence of counterfeit and shoddy products on the market, Wan Feng is very strict on the source of materials for his own company and the supporting factories related to his company.
The influx of counterfeit and shoddy materials is strictly prohibited.
This is a great opportunity to establish your brand image.
This is also the reason why Wan Feng repeatedly reminded Liu Shengguang not to adulterate the products.
With the support of Wanfeng Capital, Liu Shengguang began to purchase soybeans on a large scale.
Although it will take another three years for food stamps to become obsolete, the food problem facing China seems to have been greatly improved.
The management of some of the non-staple food types is already quite relaxed.
As long as farmers pay the amount they are required to pay, the government will no longer care what they do with the remaining grain.
Soybeans are not a staple food, so they are not subject to strict management.
In this context, Liu Shengguang has no pressure to purchase around 10,000 kilograms of soybeans every day.
His purchase price was more than one cent higher than the national purchase price, so his work of purchasing soybeans went smoothly, and there was a constant stream of farmers coming to him to sell beans every day.
The harvested beans couldn’t all be piled up in the yard, so his oil mill started processing at full capacity.
Because of the relatively advanced drying and heating equipment at the time, the oil mill's oil output remained stable at around sixteen liters of oil, and sometimes even reached seventeen liters of oil.
On October 20th, Golden Dragon Fish brand soybean oil was officially launched on the market after passing inspection by relevant departments.
Nanwan Group first ordered 20 tons for the entire year, and the garment factory followed suit with an order of 10 tons.
Nanwan Group is now the weather vane of Jiangwei Industry. If Nanwan Group runs eastward, it will definitely not run westward later.
When the leaders of the supporting factories inquired, they found out that Liu Shengguang was Wan Feng's elementary school classmate, so there was no need for anyone to point out the matter.
You order three tons and he orders two tons of soybean oil from Liu Shengguang.
Liu Shengguang, who was worried that soybean oil would not be sold, was dumbfounded.
Five hundred thousand kilograms of soybeans sounds like a lot, but it is only about two hundred and fifty tons.
Even if the oil mill's oil yield remains at a high of 16%, one ton of soybeans will only yield 320 to 330 kilograms of oil.
Two hundred and fifty tons of beans can produce eighty thousand kilograms of oil, which is only forty tons.
Wan Feng and his wife, the factory manager, sold almost half of the goods, and the remaining ones were only enough to meet the orders of ten or eight small factories.
This is not enough!
There are not enough factories now, so how can we still do retail?
Only then did Liu Shengguang believe Wan Feng's words: as long as the quality is strictly controlled, sales will not be a problem at all.
The market price of soybean oil is 1.7 yuan per pound. Liu Shengguang also gives some discounts to the factories that place orders based on the market price. Even so, the money from selling soybean oil basically maintains the balance of income and expenditure of the oil mill.
All he had to do was sell those bean cakes and turn them into profits.
Compared with soybean oil, soybean cake is not worth much, only eight cents per pound.
When the price of pork reached two yuan and fifty-six yuan per pound, more and more families started raising pigs.
We have to raise meat. Except in high-income areas, people in ordinary places can't even afford meat.
We couldn’t afford to raise them in the past, so each family could only raise one or two.
Now that meat is so expensive, the number of pigs raised has naturally increased. It is common for ordinary families to raise three or two pigs.
This way, you can keep one for yourself during the New Year and sell one or two to increase your family income.
The price of a live pig is almost reaching one yuan, and if one pig is sold, it can bring a family an income of two to three hundred yuan.
People with financial sense will keep four or five.
At that time, pigs were not yet fast-growing. They took one year to grow up, which required a lot of feed.
Each family would harvest a little bit of beans, and after paying the tax, they would take the rest to the oil mill to exchange for soybean oil and bean cakes, but that amount of bean cakes was obviously not enough to feed pigs.
Then you can only buy it.
In this way, your family bought a piece of bean cake and his family bought a piece of bean cake, and the bean cake in Liu Shengguang's hand was slowly digested.
This is Liu Shengguang's own business. Wan Feng has no time to take care of his oil mill now. In his eyes, the annual profit of 30,000 or 40,000 yuan is just a piece of cake and nothing worth paying attention to.
What he is focusing on now are commodities with a market value of hundreds of billions of US dollars in the future.
For example, the chips that Cheng Gong brought back were complete.
The day Cheng Gong returned was the third day after Liu Shengguang's soybean oil entered the market, which was October 23rd.
He brought back twenty finished films and reported to Wan Feng as soon as he returned.
"The strength of our Component Factory No. 5 is still good, and the yield rate is very high."
"What's the quality of the chip?" This is what Wan Feng urgently needs to know.
“It has fully met the requirements and even exceeded expectations.”
This Hope No. 1 chip has not entered the nanometer stage, but is still a micron chip. As a leading semiconductor manufacturer, it is not surprising that Component Factory No. 5 can produce it.
Now that the chip is available, it's time to put it to use.
This happened just as China was facing Western sanctions. Originally, the export of advanced chips to China was strictly prohibited. Now, not only are advanced chips still not exported to China, but even the second- and third-level chips are also prohibited.
This gives Huaguang Technology an opportunity to capture the domestic market.
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