Year: I had a good time when I was young

Chapter 412
After chatting with San Jiangshui on the phone for a few minutes, Chu Qianqian shook his head helplessly, saying that he had completely ignored Asan's tradition.

In the past life, I could always hear in the news that when India purchased arms, the purchase price was often several percent higher than the actual sales price.

Even one or two times is not impossible.

Everyone knows that all the extra money goes into the hands of the purchasing staff and the people behind them.

Although Singh's family and the other seven families in Odisha are not the top big families in Odisha.

But he also met many important people.

Singh's idea is simple. A bicycle with an ex-port price of 12 pounds is 3 pounds cheaper than the cheapest island country bicycle sold in Odisha.

That’s a full £8 cheaper than the cheapest bike in England.

There is a lot of room for maneuver here.

And since Chu Xiangqian's bicycle is a new brand of OEM, it means that no one knows this brand at all.

Transport the bicycle back to Odisha, then register a bicycle company in England and replace it with your own brand.

These bicycles suddenly became England's bicycles.

Moreover, the actual controller of the company is still the Indian himself.

By then, let alone 15 pounds, even 20 pounds can be sold on the market.

If we find connections and engage in government procurement, the entire Odisha government and police system will be able to consume tens of thousands of bicycles.

And watches, radios and sewing machines will sell better than bicycles.

What is different from what Chu Xiangqian imagined is that Chu Xiangqian believes that bicycles are a means of transportation and a necessity.

But in Singer's eyes, watches, radios and sewing machines are necessities that involve face issues.

Distributing watches and radios to police, local troops, and government personnel will definitely gain unanimous support from these people.

With the support of people below, the status of top officials in Odisha will be more stable.

From now on, Singh's status in Odisha will also rise rapidly.

Maybe with a little more money, it would be possible to become a mayor, police chief, or something like that.

This is the difference between bureaucratic thinking and business people.

Chu Xiangqian thinks about interests, while Singer thinks about power and interests in one pot.

The next day, Chu Xiangqian deliberately did not go to find Singh. After the boy sobered up, he ran to the post office and sent a telegram to his biological father, Bhagwal Hajak.

I heard from Sanjiang Shui that the father and son sent telegrams back and forth and communicated for a whole morning.

The telegraph fee alone cost more than 700 Hong Kong dollars.

Then, in the afternoon, Singer took the initiative to come to the door.

Asked to sign a contract for 5 bicycles, 5 watches, 5 radios and 2 sewing machines.

As for the price, Singer wanted to lower the price at first, but Chu Xiangqiang offered him a rebate of 5% of the total volume of goods, which immediately made Singer never mention the price again.

A bicycle costs £12, and the other three items cost £10 each.

Although Chu Xiangqian ordered 10 bicycles from the mainland, the purchase price in the mainland was only 6.45 pounds.

The watches and radios were the same as those ordered by Singer, both worth 5.

But the unit price shipped from the mainland is only 2.5 pounds a piece.

The sewing machine cost 3.25 pounds. Chu purchased 1 pieces from Xiangqian, while Singh directly requested 2 pieces.

Even if 5 bicycles were left to rot in a warehouse, Chu Xiangqian would still make a profit from this business.

And it's a big profit.

Chu Xiangqian could not change the 10 bicycle production tasks already arranged in the mainland, so he could only persuade Singer to purchase 2 bicycles in the first month.

If the sales of bicycles are good in the first two months, then increase the purchase quantity from 5 to 10 units.

If the sales performance of the bicycles is not satisfactory, Chu Xiangqian plans to sell the extra 5 units to Singer at a low price.

Or sold to Southeast Asia and other countries.

He also made an excuse that sewing machines were not that easy to buy and could only give him 2 units in the first month.

When the first batch of 2 bicycles, 1 watches, 1 radios and 2 sewing machines arrive on Hong Kong Island, Chu Xiangqian will directly earn 27.45 pounds.

According to the theory, after signing the contract, Singer, who was drunk again, broke the news in a daze.

After this batch of light industrial products is shipped back to Odisha, it will earn at least more than 30 pounds from government procurement alone.

After Chu Xiangqian listened, he thought to himself, you guys, Asan, are the ones who know how to play.

The 27.45 pounds converted into Hong Kong dollars is 439.2 million, which is 5250 million Hong Kong dollars more than the previous 231 million Hong Kong dollars for the first batch of 208.2 tons of grain.

In other words, by using bicycles and other light industrial products from the mainland, not only can they maintain the purchase of 5250 tons of grain every month, but they can also make a profit of HK$208.2 million.

Singer, who had sobered up the next day, was not willing to pay Chu Xiangqian the 208.2 million Hong Kong dollars. Needless to say, he would naturally increase the supply of food.

In short, Singer's intention is very clear. If he wants to take the money from me, there is no way, but he can use food instead.

The reason is simple. Buying grain from inland India is cheaper than 0.22 Hong Kong dollars per pound.

You can earn a price difference by selling grain and reselling it, and you can earn a price difference by importing light industrial products.

If it were Chu Qianqian who acted from Singer's perspective, he would be able to eat the price difference by just being a middleman. Only a fool would not do it.

For 208.2 million Hong Kong dollars, you can get an additional 4731 tons of rice.

Including the previous 5250 tons equal to 9981 tons, Chu Xiangqian directly asked Singer to send 1 tons of grain to Hong Kong Island every month.

According to the five-month supply contract signed with the mainland, we can also provide 5 tons of grain to the mainland.

But in fact, the accounts cannot be calculated like this. Just multiply the mainland's 5250 by 5 tons of rice for five months, and the total purchase price of light industrial products such as bicycles has been offset.

The extra 2.375 tons will naturally have to be paid by China.

Moreover, Qian Guotai said before that China wants to purchase 150 million tons of grain before the end of the year.

This batch of grain was purchased with real money. There was no reason to ask others to purchase it. China would just provide the money.

They delayed the food purchased by themselves and refused to give it to them.

It’s okay to use goods as deductions, but you have to deposit the money in Standard Chartered first.

Every time I get goods from China, I transfer them back to China's account from a special account.

In case you have owed money for a long time, you will no longer owe it for no reason.

Moreover, Singer's use of the name of an English company allowed Chu Xiangqian not to worry about anyone resisting the light industrial products he provided.

As soon as the contract was signed, he went to find Qian Guotai and asked Lao Qian to contact him. No Chinese characters were allowed to appear on bicycles and other items produced in the future.

Then the position of the trademark was deliberately left unbranded, and even for the convenience of Singh, the watch’s trademark was deliberately designed to be Hajak’s Sanskrit.

When Qian Guotai heard this, he realized that Chu Xiangqian had sold the bicycle and other things to India.

He couldn't help but give Chu Qianqian a thumbs up, "Things we couldn't even imagine before were actually easily accomplished by you."

Chu Qianqian curled his lips and thought to himself, it's because you haven't found the right person and you haven't used the right method.After settling the contract with Singer, Chu Xiangqian didn't intend to interfere with the matter anymore and left it all to Linda.

Linda is not tired or troublesome at all. From the total business volume of 439 million Hong Kong dollars, she can get a commission of 1% of the total amount of 4.39 Hong Kong dollars.

If this continues for a year or two, financial freedom will be achieved directly.

Of course, if you keep the money in your hands, hundreds of thousands or nearly one million Hong Kong dollars will depreciate by at least half in 10 years.

But if it were replaced by a house or a store, then it would really be a lifetime of not having to worry about food and drink.

You will be able to leave a large and substantial legacy to your children in the future.

Chu Xiangqian didn't tell Qian Guotai that the rice volume had increased from 5250 tons to 1 tons.

It will not be too late after the 1 tons of rice in the second month are actually shipped back to Hong Kong Island.

Moreover, when people from the Celestial Dynasty went out to negotiate with big grain merchants, they found that it was difficult to deal with capitalists, so they paid more attention to themselves. One of their own could get tens of thousands of tons of rice without paying attention.

Two days later, when Singh returned to Odisha, he not only took away the two Mao girls, but also because Chu Xiangqian did not pay for the first batch of 5250 tons of grain.

Under strong request, two sweat horses, a male and a female, were taken away.

Then he promised that when the second batch of 1 tons of grain arrives, an additional 2545 tons will be shipped to purchase the third mare.

However, all fund transactions still went through Standard Chartered's account.

Chu Xiangqian gritted his teeth and paid 22 to Standard Chartered.

Fortunately, after the first batch of 5250 tons of grain was shipped to China for 231 million Hong Kong dollars, the bicycles and other goods exchanged for it were resold to Singer, which doubled the profit.

After this calculation, the commission of 22 is not only nothing, but also ensures the normal operation of the transaction and the safety of funds.

As for the 5% rebate to Singer, we will naturally have to wait until the second batch of grain is shipped.

After giving Linda and Alissa 2.31 Hong Kong dollars, the two sisters got excited and took Chu Qianqian home to play around all night.

Fortunately, Chu Xiangqian was the winner, otherwise he would not have been able to withstand the passion of the two sisters, playing two games in a row in one night.

When I went to Standard Chartered the next day, I first paid them HKD 22.

Then not only Juan, the senior executive, appeared in front of Chu Xiangqian, but all the bank's board members, including those on Hong Kong Island, also participated in the closed-door meeting about investing in Standard Chartered.

Gui Lao still had a lot on his mind. After agreeing to Chu Xiangqian's request to invest in shares, he was only willing to let him invest in Standard Chartered Bank in Hong Kong Island.

In other words, even if you become one of the shareholders and directors, you are only a member of the board of directors of the Hong Kong Island branch.

Chu Xiangqian didn't mind this at all. As long as he got involved, and slowly waited for various financial crises to appear in the future, he would be able to stretch his hands into the entire banking system bit by bit.

And despite the fact that this pound is headquartered in London, in fact, Hong Kong Island is the most important source of revenue now and in the future.

Moreover, this bank was the only note-issuing bank in Hong Kong Island before the 90s.

The other one is naturally HSBC.

But compared to HSBC, Standard Chartered's market value can only be said to be conservative, or it extremely lacks pioneering spirit.

But being conservative is not all bad. At least when a crisis comes, there will be a lot less trouble.

After talking for three full days, even going to London to watch the second game of the championship Cavaliers was delayed.

But when Margaret heard that Chu Xiangqian was talking about buying a stake in Standard Chartered Bank, she immediately told him not to rush to London.

For Europeans and Americans, banker is synonymous with upper class and status.

However, Chu Xiangqian seriously disagrees with the shareholders' valuation of the bank of 1 million pounds.

If I remember correctly, in 77, Standard Chartered's market capitalization was only 3 million pounds, which was 4.6 million U.S. dollars at the time.

Moreover, he invested in a branch in Hong Kong Island.

If you really accept the valuation of 1 million pounds, you will definitely be a fool.

It was cut down to 2 million pounds in one go, and now the shareholders stopped working.

Even if it is cut in half, it is still 5 million pounds, which is too far behind the 2 million pounds that Chu Xiangxiang said.

Even though Standard Chartered has opened many branches in Singapore, Malaysia, and San Francisco a long time ago.

But in terms of profit, these branches combined cannot compare to the Hong Kong Island branches that are qualified to issue banknotes.

And as competition becomes more and more intense and there are more and more cross-border transactions, Standard Chartered's market share in Europe and the United States will become smaller and smaller.

They are forced to stick to the Asian market.

So we talked about the valuation of the Hong Kong branch for two days, and finally got stuck at 4 million and 4500 million pounds.

Chu Xiangqian insisted that the Hong Kong branch was worth 4 million pounds.

However, if the negotiation fails in the end, Chu Xiangqian will not really give up the opportunity to invest just because of 500% of 5 million pounds, which is 25 pounds.

In his eyes, even if the valuation is 6 million pounds, it is worth getting a board member.

Juan is basically on Chu Xiangqian's side now. After all, Chu Xiangqian will be one of the bosses of the Hong Kong Island branch from now on.

And Juan knew very well that the shareholders at the scene were willing to sit down and talk, and they really lowered the price to 4500 million pounds.

All he was thinking about was that Lachu would join the gang, then get on his big boat and make money along the way.

In other words, as long as Chu Xiangqian is really willing to bring them together to make a fortune, he will definitely have a great say in the Hong Kong branch in the future.

And with the more money he earns, shareholders such as Malayan Crown, Standard Chartered Group, Royal Bank of England, PricewaterhouseCoopers and Coopers will definitely get closer to him in the future.

By the way, Price Waterhouse and Coopers are still two independent accounting firms.

It won't be until 98 that they will be merged into one company.

The power of the board of directors does not only depend on who owns more or less shares.

People with strong abilities can often easily persuade other shareholders to agree with their suggestions and decisions.

Maybe with only 5% of the shares, you can become the chairman of the board of directors.

Not to mention, Juan himself was only the chief executive of the Hong Kong Island branch, and he didn't care what happened to other branches.

They even want to suppress and reduce the profits of other branches.

“Gentlemen, the valuation of 4 million, or the valuation of 4500 million, on the premise of 5% shares, is only a difference of 25 pounds.

I think it's just that Mr. Chu is willing to deposit the funds for his newly planned projects and the terminal project in our bank.

And by hiring a bank as a settlement bank, the money you can earn in a year should be more than 25 pounds. "

This is a reminder to shareholders that instead of fighting over trivial matters of 25 pounds, it is better to take the opportunity to consider how to get the shares of the terminal and luggage company.

Champion Luggage has been registered, and funds of 107 million pounds have also been deposited with Standard Chartered.

Chu Xiangqian was not surprised at all that Juan knew about this company, but this guy dared to predict the profit prospects of Champion Luggage, and his vision was indeed excellent.

Chu Qianqian thought for a while and simply suggested taking a 15-minute rest.

Then let Huang Weixin prepare the information and a copy of the patent copy.

(End of this chapter)