They planned to teach Fujiwara Corporation a lesson and let this newly emerging trading company know that the business world is like a battlefield.
When Fujiwara Corporation can no longer get cotton yarn from anywhere, it will naturally choose to withdraw from this industry.
Finally, these Japanese merchants who had hoarded cotton yarn elected President Tokugawa Sosuke, who was also a noble, to preside over the secret fight against the Fujiwara Corporation.
Although Tokugawa Sosuke had the noble surname of Tokugawa, he was just a branch of the Tokugawa family.
Even his trading company did not dare to name itself "Tokugawa", but rather "Kojima Trading Company"!
Forced by the trust of his peers and his own reluctance to give up the cotton yarn, Tokugawa Sosuke was forced to give up the cotton yarn.
As a result, they had to watch helplessly as their position and market share, which they had worked so hard to accumulate in Shanghai's cotton spinning industry, were snatched away.
In the end, Tokugawa Sosuke accepted the action of secretly competing with the Fujiwara Corporation.
They first formed a cotton textile chamber of commerce, and everyone signed a contract to advance and retreat together.
No member of the Chamber of Commerce may sell cotton, cotton yarn or other goods in their hands to anyone privately or in any form without the permission of the Chamber of Commerce.
And once the Chamber of Commerce decides to sell the goods in everyone's hands, the selling price and quantity must be decided jointly by the Chamber of Commerce members, and private price-cutting sales are not allowed.
These Japanese businessmen in the Cotton Textile Chamber of Commerce wanted to achieve the goal of keeping the Fujiwara Corporation out of the industry.
They also used their own procurement channels and personal connections to prevent Fujiwara Corporation from bypassing them and purchasing cotton wool, cotton yarn and other textile raw materials from other surrounding channels in Shanghai.
Fujiwara Asaaki, disguised as Chen Yutang, could not do everything by himself, and the "Fujiwara Corporation" he established also employed a lot of employees.
These staff members came to Shanghai from all over the world to buy cotton yarn, but overnight they were turned away by all the merchants who stockpiled cotton yarn.
Even if they offered to increase the purchase price by 10%, no one in Shanghai would be willing to sell a piece of cotton yarn from the spinning mill to Fujiwara Corporation.
"Boss, this is bad. All the people we sent out came back empty-handed."
"Even if we took large sums of cash to those merchants who hoarded cotton yarn to buy it, they seemed to have made an agreement and refused to sell us any more cotton yarn no matter how hard we tried!"
"President, what do you think we should do next? Should we continue to buy cotton yarn?"
Shen Yutang hired a Chinese manager named Wang Jianbin to take care of the daily affairs of Fujiwara Corporation.
Shen Yutang only needs to disguise herself as Fujiwara Asaaki and convey her intentions and orders to Manager Wang, and he will naturally arrange the specific implementation.
However, even if a company like Fujiwara Corporation is not short of money, the salesmen it sends out can hardly buy any cotton yarn in Shanghai!
After listening to Manager Wang's report, Shen Yutang could guess that it must be the major Japanese merchants in Shanghai who stockpiled cotton yarn. They were trying to fight against him so as not to be swallowed up by his "Fujiwara Corporation".
Now that all these people have united, his previous plan of forcibly purchasing cotton yarn from these Japanese merchants and defeating them one by one has fallen through!
However, Shen Yutang was aroused by the fact that these Japanese businessmen in the cotton textile industry dared to unite to deal with him, which aroused his belligerence.
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