Lu Feng smiled when he heard this. He was worried about not being able to find downstream companies for the world's core processors. This was a gift to him.
If you've been working on tungsten alloys all this time in South Africa, then don't blame me for being impolite.
In the 1990s, tungsten alloy technology required high standards, and this technology was essentially a monopoly. China had the world's largest reserves of tungsten ore, but like rare earths today, it was sold at dirt prices. Due to the lack of domestic technology, tungsten ore was basically sold as raw ore.
Since they're going to play along, Lu Feng will play along. If he monopolizes the ore and primary processing enterprises here, then only China will remain in the world. He finally has a chance to manipulate others, and Lu Feng doesn't think China will let them go.
At that point, the two companies will only have one option left: to scavenge tungsten ore from other countries, process it roughly, and then ship it to South Africa. This roundabout route will significantly increase costs.
“I didn’t expect you to be involved in such cutting-edge global technologies!” Lu Feng said with a smile. “Actually, I’ve found that some things that look high-end are all created, just like diamonds. The other day I was talking to the marketing president of Burberry about diamonds, and he told me that diamonds aren’t valuable. To make them valuable, you have to create rarity and uniqueness.”
“We’ve been considering that, wanting to turn it into a luxury brand, but that’s not easy,” Ronald said, frowning slightly. “What do you think would be a good match?”
"love!"
"love?"
“That’s right, it’s love. When diamonds equal love, how valuable do you think they are? Everyone in this world needs to be in love. How does a guy show his love for a girl? With diamonds!” Lu Feng looked at him and asked, “Do you understand?”
Ronald didn't know much about these things, but he kept them in mind!
All night long, Lu Feng was the one putting on an act, constantly talking about his family's planes, connections, and clan. Ronald felt a bit stifled. He used to always play this role around his friends, and this night made him very uncomfortable, as if he was much inferior to them.
"That's an idea, I guess. I'll talk to our global marketing president when I get back. My dad really went all out this time, sending me to the US to check out other jewelers. Since we don't live there, and I'm not used to the accommodations, he bought me a villa in Manhattan, over a thousand square meters. I'm so busy attending all sorts of high-level banquets that I don't have time to go back to live there; the housekeeper has to stay there." Ronald complained.
"That's right. By the way, speaking of nannies," Lu Feng turned to Han Guoping and asked, "Weren't we short of a few nannies at home? I asked you to find one. How did the search go?"
Han Guoping lowered his head slightly and replied, "Mr. Lu, we have already launched a global talent show called 'Come On, Babysitter.' We are currently in the revival round, and we estimate that the champion, runner-up, and third-place winners will be selected by the end of the year!"
"Cough cough cough!" Ronald had just taken a sip of red wine and choked, coughing violently. Just who was this person? Were the nannies selected through talent shows?
"Mr. Lu, is the competition for nannies in your household really that fierce?" Ronald asked, somewhat incredulously.
"The main problem is that we have too many houses and need people to watch them, and the salaries aren't low. I didn't expect the competition to be so fierce, with a talent show. You guys just know how to waste money. Why don't you just hire the beauty pageant winner? I've told you so many times to be frugal." Lu Feng sighed helplessly and waved his hand, saying, "Forget it, it's not much money. Just be more careful next time!"
Lu Feng wiped his mouth with his meal allowance and casually asked, "Your family plans to sell the tungsten mine next year, right?"
“Not next year, it’s this year. We’re already looking for buyers, and once we raise the funds, we’ll use them for brand marketing of the diamonds,” Ronald said with some worry.
"What's wrong? Is it not selling well?"
"It's really not easy to sell because the customer base is limited, the profit margin is thin, and the upstream supply chain is basically monopolized by a few companies. They can calculate the annual net profit, so if all else fails, we can only sell at a low price."
“I never imagined you were having such a hard time!” Lu Feng said to Ronald, “Although we haven’t met often, in my heart you’re already my brother. I never make friends based on whether they have money or not. If a brother is in trouble, I will naturally help him. If you’re hard to sell, I’m willing to buy you at a price higher than the market price.”
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