in2ebook Chapter 285 Down
Chapter 285 Down
Xu Youyou doesn't understand technology, but she feels that she knows a little about business.
Doing business is like investing in stocks. The most important thing is not how much money you make, but to protect your capital. The faster the return on investment, the greater the potential of the business.
What is rare is that the investment led by Shen Wenxing is not only large in investment, but also has a very high rate of return. Just one business deal brought Xu Youyou more than 3 billion in profits.
"This project also encountered bottlenecks at the beginning. Most of Ms. Shen's technologies were theoretical, and some had not been proven in practice. The technical team we hired was initially limited by technical difficulties and was stuck for more than a month. Fortunately, they were all overcome." Xie Ran said.
Xu Youyou listened to this and tilted her head to think about it. It seemed that the time when the technical team overcame the difficulties was just after she signed Liu Xiangyi.
Xie Ran continued, "Although we have overcome the technical difficulties, it is not easy to find a buyer right away. We are lucky that a wealthy person in the Middle East is interested in our technology and is willing to pay a high price."
Xu Youyou didn't expect things to turn out like this. A certain country in the Middle East is famous for its rich gold mineral resources. It is famously rich. When they spend money, they are never stingy. If you quote them in RMB, they may settle the bill in US dollars at a one-to-one ratio.
Xu Youyou suddenly felt that twelve times the profit immediately became reasonable for them.
"You have earned so much money, so you must not delay paying Ms. Shen. If necessary, you should give her some extra money. Just think of it as making a friend with your heart." Xu Youyou reminded.
Xie Ran nodded and said, "Boss, don't worry. The twelvefold profit has already deducted Ms. Shen's share. I plan to give her a villa in the capital in the name of the company. I originally planned to give it to you for review after the plan was completed."
Xu Youyou suddenly felt that she was still too conservative about the big investors in a certain Middle Eastern country. Ms. Shen invested in the company with technology and already accounted for 30% of the profits. Even so, the company could still get twelve times the profits.
"Do you have any idea which villa you want to buy? I agree with this plan, but there is one requirement: the price of the villa cannot be less than 300 million." Xu Youyou said.
Although Shen Wenxing returned to China to develop her career, researchers like her only participated in certain specific national scientific research projects. The project she collaborated on with Xu Youyou was a technology project she led and developed when she was working in a foreign research studio. It has nothing to do with current domestic research institutes, so the scientific research patent is in her own hands.
Xie Ran once again felt deeply moved by Xu Youyou's generosity as a boss. She really didn't have any bad habits of a capitalist. She didn't understand technology, but she really understood people's hearts, which was why her path was so smooth.
Xu Youyou now has a rich wallet. Sometimes she can spend the whole day shopping without losing any weight on her wallet. Her life is like lying on a mountain of gold, which occasionally makes her feel like she is drawing her sword and looking around in confusion.
Anyway, she has more money than she can spend in her lifetime, so why not do as Mrs. Xu from the orphanage has always taught her: If you are successful, you should help the world.
She is unwilling to squeeze out every penny, but some people are eager to pocket every last bit of profit.
"If the price of down goes up, then just change to something else. Why do you need to fill it so much? People who buy down jackets can't feel the difference at all." Father Gu finished the call with a sullen face.
The eldest son, Gu Fengchuan, frowned upon hearing this and said, "Dad, our family hasn't been doing well these past two years. We can raise the price of down jackets, but we must not sell inferior products as good ones, lest our competitors catch us..."
Gu Fengchuan's words made perfect sense, but Gu's father refused to listen. Instead, he said, "Don't worry. We have someone to look after our family now. No matter how big the problem is, it won't turn the tables."
Gujia started out as a clothing business, of which the down business was only a part of the clothing business, not the main force.
In recent years, the Gu family has established itself in the clothing business and has also expanded into real estate and technology businesses. Although it has not yet become the leader in the industry, before jumping on the Star Diamond ship, it is not a big problem to make money steadily.
However, the chain reaction caused by the collapse of Star Diamond was too huge. If the Gu family had not sent their two children abroad to invite the Red Dragon King to perform a ritual, the Gu family would have been reduced to ruins long ago.
The Gu family suffered a lot because of this incident. The Gu family’s capital chain is now very tight, and Gu’s father is eager to get money from other places.
"You're right. We still have to raise prices. The price of down jackets will increase this year, and other brands of down jackets will definitely follow suit. We can't fall behind." Father Gu said righteously.
Gu Fengchuan's brows and heart were beating fast. He always felt that his father's sudden cost reduction and price increase might bring about an irreparable impact on the Gu family.
"Dad, why don't we just forget it? Let's think of other solutions. In case we meet someone stupid enough to take apart our down jackets for testing..." said Gu Fengchuan.
Father Gu, however, insisted, "You're overthinking it. When it comes to down jackets, our family isn't even at the top. Even if the sky falls, there are still tall people to hold it up. It won't hit us."
Gu Fengchuan wanted to persuade him again, but his father interrupted him and said directly, "You should take care of your health during this period and don't worry about the company's affairs. There are still the second and third children to take care of. If all else fails, Xueying is also very smart and can help me solve my problems."
When Gu Fengchuan heard this, a dark light flashed in his eyes. It had been nearly a year and a half since his bone marrow matching.
Originally, his father treated him as the definite successor, but over the past year or so, he clearly felt that he seemed to be marginalized in the company.
He has no responsibility for important company business, and his father seems to be on guard against him. If the second and third sons were not still focusing on their own industries, Gu Fengchuan would suspect that his power would be taken away.
"Dad, I've raised it for more than a year." Gu Fengchuan said.
Father Gu smiled and said, "I was really worried when you fell ill last time. Dad is old and can't stand it a second time."
For a moment, Gu Fengchuan didn't know whether what his father said was true or not.
Father Gu added, "Don't overwork yourself. If you're too busy, I'll ask Little Gu to help you."
The "Little Gu" that Gu's father mentioned was not a member of the Gu family, but a young man with the same surname Gu. This man was a returned overseas PhD hired by the company with a high salary. He graduated from a famous foreign university and was about the same age as Gu Fengchuan. Since joining the company, he has been particularly valued by Gu's father.
Xiao Gu and Gu Fengchuan also have a good relationship. It was Gu Fengchuan who recruited him back then. Gu Fengchuan always thought that Xiao Gu was his direct subordinate. After hearing this, he hesitated for a moment and then agreed.
Gu's father added, "Yu Ji is busy, so you should represent the Gu family on the trip to Hong Kong next month. I don't trust anyone else with this."