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Chapter 556: Chapter 463: Binding of Interests (Please Subscribe!)_1
The last one is communication class electronic products.
"Next up is the last category, communication class electronic products dealership qualification, with a total of three qualifications. The starting price is one million dollars, and each additional bid must not be less than fifty thousand dollars. Please make your bids." The amateur auctioneer shouted until he was hoarse, an experience he had never had before.
"One million and two hundred thousand dollars." Mu You made the first bid. The two of them had already negotiated with others. One person would secure a qualification, and the remaining one could go to whomever. There were representatives of other Thai families present, so if they didn’t leave one, it’s likely that one of them wouldn’t get one, or they could potentially stir up trouble.
The two men teamed up.
It worked somewhat, reaching an agreement with those other people who could afford the price.
After Mu You made his bid, the others fell silent.
"One million and two hundred thousand dollars, once."
"One million and two hundred thousand dollars, twice."
"One million and two hundred thousand dollars, three times. Sold. Congratulations, sir." The auctioneer’s voice trembled. The auction today has been too exciting for him, so much money, he has never seen before in his life, although he wasn’t too fond of Mu You’s price setting.
In fact, as long as it’s not far off the base price, the territory doesn’t care about making money from this, therefore, except for the grumbling auctioneer, no one was dissatisfied with Mu You’s price control.
Then.
The auction for the second qualification began.
Without a doubt, the second qualification was bought by Keqi, with no one trying to snatch it away.
However, the price was one million and three hundred thousand dollars.
This was because Keqi felt he had pressured others and deprived them of considerable earnings, hence he simply bid so high. If he dared to bid the base price, he would surely feel embarrassed.
Finally, he secured a distributor qualification.
"Phew..." Keqi also let out a sigh of relief.
This was a three years supply qualification.
One million and three hundred thousand dollars, not too expensive. When he was doing his research, he specifically asked about the production capacity. He didn’t expect the staff to tell him that the total production capacity of mobile phones and MP4s could reach up to ten thousand units per day, which could be increased if needed.
Otherwise, he wouldn’t have thought the money was worth it. If the production capacity was low, the profit wouldn’t even cover the cost of the qualification. Knowing about the production volume made his heartbeat race uncontrollably.
Ten thousand units a day.
If based on an earnings of thirty dollars per mobile phone or MP4, that would be corresponding to earning three hundred thousand dollars a day, about nine million a month, and nearly a hundred million dollars in total profit annually. 𝘯𝑜𝘷𝘱𝘶𝑏.𝘤𝘰𝑚
What kind of concept is this?
It’s their family’s total production profit over several years.
If they could get one-third of the total production, it would mean tens of millions of dollars in profits, which could potentially account for half of their family’s industry. Of course, he wouldn’t really be able to distribute millions of units.
Because Thailand wouldn’t be able to absorb such volumes, opening up other markets would take time, and all sorts of messy things could happen in the meantime. In the first year, if he could earn eighteen to twenty million dollars, it would be just about right.
After the first two qualifications were taken by Keqi and Mu You, the third qualification became the focus of conflict between all parties.
"One million and five hundred thousand dollars."
...
"One million and seventy hundred thousand dollars."
...
"Two million dollars."
...
"Two million and thirty hundred thousand dollars."
...
Eventually, the third qualification was bought by a Chinese person for two million and ninety hundred thousand dollars. This was quite risky, many people were hesitant at this price, because of Keqi and Mu You, the Thai market was essentially out of reach, and Keqi and Mu You also eyed the overseas markets. The future is uncertain.
But the Chinese man didn’t think this way. The Thai market is too small, but what about the Huaxia market? And the global Chinese market? Such a large cake, even if the other party is a large Thai family, it would be difficult to operate, while Huaxia has Chinese businessmen all over the world, Thailand simply can’t compare.
That is the advantage, an incomparable advantage.
After the auction of the last qualification.
The person stepped down from the stage, his legs went weak, and he almost fell..
Ling stepped up.
Without much preamble, up next was the sale of raw material supplier’s qualification, still using the silent auction model. Based on strength and quote, the final supplier is determined. There is also a restriction, that is you are in the relevant business or you have declared to have a channel, otherwise, why would you be able to provide raw materials.
One hour later.
Initial raw material suppliers were finally determined, but there were still many raw materials left ’unclaimed’, which were then released as tasks. I will give a reasonable price range, as long as you deliver and the quality is up to standard, I can close the deal with you at this price.
Of course.
This is not the only supply channel for the territory.
This raw material supply qualification is merely a small piece of cake to woo the surrounding forces. Bigger scale, soldier-owned raw material purchasing companies are being established around the world. Normally, these companies quietly stockpile supplies, and only if the territory’s resources were to be cut off, would these companies emerge or directly supply through teleportation nodes.
For now.
First, stabilize the neighborhood relationship, these covert procurement companies are kept as a trump card.
There is no rush.
"Ladies and gentlemen, the first phase of our Investment Promotion Conference has successfully concluded. Now those who have received their qualifications can register on the other side of the hall, sign contracts, and receive tour tickets. Later, someone will lead you to visit the factory and discuss the subsequent supply allocation.
To remind you all, within three days, please make your qualification purchase fees at the Myanmar Bank headquarter. Otherwise, we will sell your qualifications internally among all those who have paid, and for the next three years, you will not be allowed to become any of our product distributors or raw material suppliers. Goodbye, everyone, and I wish you best of luck in your business."
After saying so.
Ling left with a group of soldiers.
Quite aloof.
Didn’t even invite anyone for a meal.
No one cares about this now, those who have purchased the supply and distribution qualifications immediately walked towards the other side of the exhibit hall where a row of tables have already been set up with people wearing the uniform of Myanmar Bank.
Each individual who received the qualification first picked up a contract, studied it carefully, and signed their names upon confirmation, processed the bank card for settlement, then obtained their tour qualification and was led away by each company owner with great enthusiasm.
Negotiating their respective shares.
Those who didn’t get the qualifications could only watch from the side. Some were regretful, some were sighing.
Of course, there are also individuals who were rejoicing at the misfortune of others, predicting that the territory’s situation is unclear and one day it would undoubtedly be suppressed or blocked, and these people’s investments will all be in vain. Others were simply envious. The qualification fees alone had yielded over 20 million US dollars. It was simply too profitable.
But they could only be envious. Envious with what? Ling had people, guns, and a mysterious and unfathomable background. On the level of the territory, other than forces like the Wangsa family or even national forces, who could have touched this piece of land.
No one.
Especially in the face of all the vested interests in the territory that are present, no one in the region could have dared to target the territory.
After Keqi and Mu You obtained their qualifications, they ran off to negotiate the mobile phone production volume and details of agent production. They would be taken to tour the factory later, mostly the assembly factory. Other core production factories, they were not qualified to enter. Soldier guards were on 24 hours duty, no chance for any thief to come close.
Wangsa was rather laid-back, made a call, and contacted someone in his family who specialized in business to handle this matter. He was already busy managing the port and coordinating goods, didn’t want to run even more errands.
Sitting at the original place with the equally relaxed Tang Kai.
"Boss Tang, what do you think this place will turn into in the future?" Wangsa took a puff of his cigarette and said leisurely. The changes here were too rapid. Looking at the bustling scene on the other side like a vegetable market, Wangsa was a bit lost.
"I don’t know, but what I do know is that I hope this place gets better and better." Tang Kai laughed. The better here, the better his business is. If this place went away, his gems and jewelry ’empire’ wouldn’t last long.
Wangsa chuckled, "Haha, true. If this place flourishes, we’ll have business to do. But I always feel, like I’m being economically kidnapped by this place." This was his genuine feeling. Money can do wonders, now he felt his own interests and those within the territory are closely related, very difficult to separate.
Moreover, Ling did a touching thing, which was to let him become the middleman of that mobile phone. Not only in Thailand, but also anywhere outside the territory, that mobile phone would have to pass through his hands.
"What’s this about kidnapping? This is called mutual benefit." Tang Kai corrected after a moment of surprise. Actually, the term kidnapping wasn’t wrong. Interest binding, isn’t that just the current relationship model?
"That’s true, mutual benefit, we all make money together. Boss Tang, care to have a drink at my place tonight?" Wangsa invited.
"Sure, but I want to have that fruit wine, half a bottle." Tang Kai agreed.
"You’re extorting me." Wangsa yelled as if he’s stepped on a tail.
"I wanted to treat you initially, but I came in a hurry and didn’t bring anything." Tang Kai made an innocent face reminiscent of ’I wanted to pay, but I didn’t bring my wallet’.
"Well... fine, next time we go to Bangkok, I want to drink two bottles." Wangsa conceded, this wine, the more he drank, the better it tasted. Last time he brought back two cases, one case was given to his father, and then, there was no ’then’. He barely managed to save three bottles himself, cherishing them to no end, one small cup a day, and now he only had a little over two bottles left.
Actually, he could afford this wine, but Ling hasn’t started supplies yet and he didn’t have a place to purchase, so he could only drink it little by little. If he wanted to have a good drink, he would have to wait until the fruit wine went public.
"Half a bottle." Wangsa said.
"One and a half bottles." Tang Kai responded.
"One bottle."
"Deal."
Eventually.
Wangsa exchanged half a bottle for a future whole.
Tang Kai didn’t really want to drink that much, he was just trying to lighten up the mood.
PS: First Chapter, two more to come this evening, please vote.
Thanks to the reader ’TakingNicknameIsHeartwrenching’ for the rewards.
