Year: I had a good time when I was young

Chapter 798 Strong alliance
Although the diamonds Chu Xiangqian had just taken out were all unpolished raw stones, each of them was at least three to five carats, and there were at least hundreds of them in this bag.

But Chu Xiangqian just threw it to Zheng Yutong casually.

Chu Xiangqian was not worried about the bag falling apart and the diamonds falling into the sand on the runway, because there were simply too many jewels in the Novice Village warehouse.

And there are many top-quality ones, so even though these rough diamonds are worth a lot of money, in his eyes, they are no different from glass beads.

But Zheng Yutong was different. He broke out in cold sweats at the thought of an accident happening in his hands.

This bag alone is worth at least hundreds of thousands of U.S. dollars, equivalent to 500,000 or 600,000 Hong Kong dollars.

Unfortunately, they are all unpolished raw stones. After polishing, they are only one or two carats. Very few with good shapes can be polished into 3 carat diamonds.

Diamonds of one or two carats are the main consumers in the market, and because they can win by quantity, they are considered the most profitable type of all diamond jewelry.

It would be no problem to double the profit from this bag of small diamonds after they are made into jewelry, so Zheng Yutong takes it so seriously and is so nervous about it.

It can be said that the purchase and sale of rough diamonds does not contribute much to the overall profit of diamonds.

Often, a rough stone worth RMB 1 can be sold for RMB to after being polished.

To put it bluntly, diamond rings are sold with additional fees such as brand and advertising, and the raw stone only accounts for one-third of the total profit at most.

Moreover, the more precious the diamond is, such as colored diamonds and large-carat white diamonds, the higher the profit of the finished product.

After all, scarcity itself can sell for money.

However, the cost of sales and polishing is not low. Generally speaking, Chu Xiangqian can earn $10 from these more than 10 raw stones. After deducting the polishing fees, store employee advertising and other expenses, Zheng Yutong can also earn around $.

Otherwise, without such high profits, how could those gold jewelry stores advertise all day long?
However, Zheng Yutong learned that Chu Xiangqian had diamonds worth 3 million US dollars.

The first thought was that the person who owed Chu Xiangqian money could not be the owner or shareholder of the South African diamond mine in London?

Otherwise, how could they come up with diamonds of such high value and quantity?
As a result, Zheng Yutong became more and more eager.

As long as there are enough rough diamonds and a stable source of them.

Then, through Chu Xiangqian, Hong Kong Island might be able to develop into a diamond rough stone processing center like Seychelles, New York, Antwerp in Belgium and Surat in India.

Not only is the profit huge, but more importantly, Zhou Dafu, who is in control of the company, controls the supply of goods, and thus controls the market pricing power.

Even if the idea of ​​operating Hong Kong Island as a processing center cannot be realized, as long as a portion of the diamond processing market in Southeast Asia and the Sakura Country is captured, the profit will surely be more than that of its own jewelry stores.

When Zheng Yutong expressed this idea, not only Chu Xiangqian was surprised, but He Chaosheng, Ye Xiaoli and Le Yan were also envious and moved.

Chu Xiangqian had never really thought about setting up a processing center in Hong Kong Island.

But just thinking about it a little bit, I feel that Zheng Yutong's idea is definitely a good idea to make a lot of money.

Moreover, for himself, it would give him more bargaining chips to take advantage of the opportunity to invest in Chow Tai Fook Group.
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Chu Xiangqian had no shortage of diamonds. Among the treasures stolen from the treasury of the temple in Kerala, India, were 12 silk bags filled with rubies and sapphires of various sizes, as well as colored diamonds and white diamonds.

And hundreds of treasure chests filled with bracelets, necklaces, headdresses, rings, brooches and other jewelry and gold pocket watches inlaid with rubies, sapphires and diamonds.

He himself hadn't even counted how many diamonds he had.

There are just too many of them, and I don’t have the energy to spend a few days to clean them out.

Every year when my wife’s birthday comes, I randomly pick one or two pieces, repair them in the jewelry store in the Novice Village, and then put them up for auction. They are always in great demand.

The river valley diamonds dug in Guinea this time were counted in backpacks. It took him several days just to sort out all these diamonds.

Of course, when I say several days, I actually just spent one or two hours every day organizing it when I was free and bored.

After all, the price of a diamond is not only determined by its size, but also by its quality and color.

If you are not careful, something that can be sold for 1 yuan will be classified as 1 yuan. This is a huge loss.
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However, Chu Xiangqian thought that the idea of ​​the diamond center was a good one, but after careful consideration, he soon felt that there was no need for Hong Kong Island to become a low-end diamond processing center like Surat, India.

Although labor costs in Hong Kong are cheap now, they are still much higher than in India.

After a dozen or even dozens of years, labor costs will become more expensive.

Since we don’t have the advantage of low labor remuneration, we might as well focus on mid-end products and also process some low-end products for novices or apprentices to practice.

The mid-range shipments are not large, but the profits are very high.

The number of diamonds provided by the dwarves and elves in Middle-earth can also sustain the consumption of the processing center.

Moreover, in this way, Chu Xiangqian, who controls the upstream, will have more bargaining chips in negotiations with Zheng Yutong.

But Lao Zheng is not stupid. If he wants to threaten others by supplying goods, the worst that can happen is that he can just find someone else to buy the raw stones.

But Chu Xiangqian said that for the $3 million worth of raw stones, he would only get $1500 million in payment, and the other $1500 million would be used as an investment for 30% of the shares of Chow Tai Fook Group.

Now Zhou Dafu’s valuation instantly exceeded 5000 million US dollars, or approximately 2.33 million Hong Kong dollars.

With Zheng Yutong and his father-in-law's shares in the jewelry group, their family instantly became billionaires.

The family’s wealth is at least ranked among the top 50 in Hong Kong Island. This is definitely a leap forward for a family that has only been in business for two generations.

Not to mention that Zheng Yutong was so excited and hesitant, He Chaosheng also felt envious and jealous when he saw his expression.

I have developed quite well in the past two years, but compared with Zheng Yutong who is hooking up with Chu Xiangqian, there is no comparison at all.

Not to mention that Zheng Yutong inherited a jewelry company from his father-in-law, which he then developed into a group.

Although jewelry and gold are still the main businesses, accounting for the vast majority of profits.

But they are involved in hotels, industrial buildings, and cherry blossom import and export businesses. Unless there are no accidents, they will become a legitimate group in a few years.

Now Chu Xiangqian has directly increased the price several times to buy shares in Zhou Dafu, plus this 30 million US dollars diamond business, the two of them have become a joint interest group.

It is conceivable that Zheng Yutong's wealth will definitely surge again.

Ye Xiaoli, who was standing by, was envious, but he was very clear that he and Zheng Yutong had no conflict of core interests.

Although Zheng Yutong also envied the real estate industry, there were many real estate businessmen in Hong Kong Island, and it was impossible to stop others from entering this industry.

There is no ability to stop it.

In this case, we might as well welcome him, and relying on the cooperative relationship with Chu Xiangqian, we can still cooperate in the future.

So Ye Xiaoli directly used his own Mingda Real Estate Company as an example. Since Chu Xiangqian acquired 30% of the shares and became the second largest shareholder, Mingda's assets have soared from one million to more than 2 million in just over two years. Of course, the so-called 3 million is an exaggeration, but in Zheng Yutong's heart, he still recognizes that the current Mingda is worth million or even million Hong Kong dollars.

After all, Chu Xiangqian's support alone is worth 1 million in the eyes of many businessmen.

Le Yan also took the opportunity to say with a smile, "Mr. Zheng, if I can get Mr. Chu's support, I can get at least two million investment from my father when I go home.

Once the businessmen outside hear that I am helping Chu Sheng, some will definitely be willing to invest three to five million in me."

After hearing this, Zheng Yutong, He Chaosheng and Ye Xiaoli thought, damn, this is really true.

After hearing this, I was willing to invest two or three million in him.

If the three of them add up, 1 million is not a problem.

After all, Chu Xiangqian has never failed in business, and he is optimistic about Le Yan, so he can just invest with his eyes closed.

He was even worried that Le Yan would not accept the money from him and others.

Now Zheng Yutong had no more hesitation, not to mention that Chu Xiangqian's valuation of Zhou Dafu at 5000 million US dollars was indeed two or three times higher.

In addition to the 3 million US dollar contract for the supply of rough diamonds, the profit would be at least to million US dollars just by selling all these diamonds.

If Chow Tai Fook were to go public now, the group's market value would double immediately just with this supply contract.

No, there is no pressure to double or triple it.

So Zheng Yutong quickly made up his mind and said to Chu Xiangqian solemnly, "Mr. Chu, I will discuss this with my father-in-law and the shareholders when I get back. If everything goes well, shall we go sign the contract tomorrow?"

Chu Xiangqian naturally had no problem with this. Although it seemed that he had suffered a loss at the moment, but in the long run.

Fifteen million U.S. dollars in exchange for six or seven billion U.S. dollars decades later is not a loss no matter how you look at it.

Of course, the purchasing power of $1500 million today may not be less than $ or billion a few decades later, but the influence of becoming a major shareholder of Chow Tai Fook is far beyond what money can match.

Moreover, the profits in the real estate industry are so high that only by forming alliances can one avoid becoming a public enemy.

Chu Xiangqian smiled and nodded, then took out a diamond from his pocket and threw it to Zheng Yutong.

When Zheng Yutong saw the diamond clearly, it was the size of a walnut and a semi-finished diamond stone. They both almost stopped in their tracks.

Chu Xiangqian smiled and said, "After this rough diamond is polished, it should be around 400 to 500 carats. It should be suitable to be the treasure of the store."

After Zheng Yutong looked at it carefully, her heartbeat suddenly accelerated.

After Chu Xiangqian finished speaking, he nodded subconsciously.

If it really exceeds 500 carats, it would be no smaller than the Cullinan diamond on King Ying's crown.

Not to mention the store's treasure, it can easily be ranked among the top ten diamonds in the world.

And Zheng Yutong felt that just with this one diamond, it was enough to buy the headquarters of her own jewelry store.

However, after being excited, Zheng Yutong became worried that if the diamond was kept in the main store, it would become the target of thieves all over the world in the future.

If it really gets robbed, I will have to pay for it.

Chu Xiangqian ignored all this and said with a smile, "How to keep it is your business. Just tell me whether you want to keep it at the main store or not?"

There is no need to hesitate about this question. The advertising effect can make Zhou Dafu famous all over the world.

From now on, the business of the head office will increase by several percent, or even several times, just from those rich ladies coming to visit.

Zheng Yutong, who was always brave, gritted his teeth and said, "I will have to arrange at least 8 armed security guards in the main store from now on, and use half of the jewelry company's annual advertising fee to buy insurance for this diamond."

Chu Xiangqian couldn't help but give a thumbs up to Shao Yutong. The jewelry store's main office was next to the police station, and there were eight armed security guards. If they wanted to steal the diamond, it would be impossible without a dozen gangsters.

And if it lasts more than 3 minutes, the police station will come to support you, so it is basically impossible for it to be stolen.

After settling the matter of acquiring shares in Zhou Dafu, Chu Xiangqian set his sights on Le Yan.

Le Yan's heart beat faster instantly. The young man in front of him, who was seven or eight years younger than him, was not only worth more than one billion Hong Kong dollars, but was also one of the top ten richest people in the world.

He is a person who has connections with both the black and white worlds in Hong Kong.

Not to mention his own family that has been in business for two generations, even those local prominent families that have been in business for hundreds of years and several generations seem to be far inferior to him.

And just now, from the fact that he didn't care at all and invested in Zheng Yutong's jewelry group at several times the price, it can be seen that once he is optimistic about you, the investment and support will definitely enable a person to achieve a leapfrog rise in class in a short period of time.

What Le Yan needs most at this moment is an opportunity.

Chu Xiangqian also knew that this was the best time to win over this guy.

Seeing that Le Yan's eyes were full of anticipation, Chu Xiangqian didn't say anything more, "Are you interested in working for an international shipping company as an assistant to the chairman?"

Le Yan was stunned for a moment, then he realized that the chairman's assistant is Chu Xiangqian's assistant!
Being able to work in such a large cross-regional company is itself a great learning opportunity, not to mention that after getting the recognition from Chu Xiangqian, would you still be afraid of not having the opportunity to start your own business?

Maybe after others have tested you, not only will you receive funding, but you may also have entrepreneurial projects waiting for you.

Le Yan nodded without hesitation, "Mr. Chu, thank you for giving me the opportunity. I hope you can give me more guidance in the future."

Chu Xiangqian laughed and stretched out his hand to shake hands with Le Yan. "Whether you can seize the opportunity depends entirely on your own ability. But after entering the shipping company, you must be prepared to be busy all day long."

Le Yan was happy in his heart. It was good to be busy. He had been working hard in a foreign country for seven years and had rested long enough.

And if I don’t do something serious, I feel like I’m going to be useless.

The next day, Ke Leyan reported to the shipping company building at Chai Wan Pier and took over a table full of documents from Chu Xiangqian.

It took several trips for the big boss Chu Xiangqian, who personally assigned secretaries and assistants to himself, the assistant to the chairman, to move a table of documents to the office next door.

Le Yan suddenly felt overwhelmed.

Last night when I went home and told my dad and elder brother that I would work hard, my ambition suddenly turned into depression, thinking that I might end up working myself to death.

In the chairman's office, Chu Xiangqian was telling Zheng Shufen, "Someone volunteered to be our slave. Today, I will take you and Baoyi to the mountaintop house to meet the eldest lady and Chu Jingrong."

(End of this chapter)