Mixed in 1980

Chapter 495 The Fourth Brother's Fangs

"Playing with Hetian jade is about appreciating its culture, not about deceiving and cheating. If this continues, how long can Hetian jade remain popular?"

"Five years, or ten years?"

Chen Yanyin took a sip of tea and smiled slightly: "Especially the seed jade, almost all of them on the market are fake. Sooner or later, the concept of seed jade will be ruined and the market will collapse."

Who will suffer the greatest loss in the end?

Experienced collectors understand that neither jadeite nor Hetian jade retains its value. When the economy is good, people have money to spend, so it's easy to take advantage of those who are easily exploited.

Once the economy declines, a collapse is not far off.

Especially in recent years, players in the circle have become increasingly unscrupulous, even bringing over Australian white jade to sell as Hetian jade, and even issuing certificates.

All three of them were legitimate jade business owners, so naturally they couldn't stand these kinds of things. But in this circle, they all had to sell Hetian jade from various production areas.

They will only inform you of the place of origin.

Now they need to assess whether differentiating raw jade will impact their other businesses, and whether it will be beneficial or detrimental.

Chen Yanyin understood their concerns and said calmly, "From now on, when you sell jadeite on platforms such as Douyin, Taobao, and JD.com, you must bring my certificate."

Upon hearing this, the three of them were startled.

Online shopping platforms can only sell low- to mid-range products. Ninety-nine percent of those selling jade pebbles are selling fakes. Once their certificates are locked, these people will have no choice but to change careers.

Chen Yanyin is determined to wipe them out completely!
But could she really do that? Faced with the three people's suspicious gazes, Chen Yanyin said calmly, "My family is a major shareholder in platforms like Douyin, Taobao, and JD.com."

That sounds like bragging and is very arrogant.

The three had no doubt that the Chen family, capable of donating to build tens of thousands of Hope Primary Schools and tens of thousands of teaching buildings, and sponsoring more than 500 million impoverished students, must possess immense wealth.

Chen Yanyin briefly explained her plan: "Through public opinion dissemination, in the future, when consumers buy jadeite, they will only recognize my certificates."

"At that time, Hetian jade pebbles will become a financial asset like gold, and can even be used as a safe-haven asset."

"Whether you participate or not, it's all the same."

"The earlier you join, the more benefits you will receive. I believe all three of you can see the opportunities involved."

The opportunity lies in stockpiling.

The quantity of Hetian jade pebbles is limited and non-renewable. After decades of mining, the number of pebbles unearthed is extremely small, especially high-quality ones.

It is a financial product by nature.

If authenticity can be guaranteed and there is institutional endorsement, promotion is even easier than with Bitcoin. Jadeite itself has both cultural and value attributes, which are also recognized by the Chinese people.

At that time, prices will inevitably skyrocket.

Mr. Zhang put on his bracelet and said seriously, "Ms. Chen, how do you need our cooperation?"

"We'll recycle certified jade pebbles, sell certified jade pebbles, and combine online and offline channels to boost the credibility of the certificates," Chen Yanyin said with a faint smile.

“No problem,” Boss Yang said first.

Mr. Wan added, "No problem. We can take advantage of the lull in the early stages to buy another batch of jade. But Ms. Chen, you're going to offend people by doing this."

"Do I need to care?" Chen Yanyin said with a smile.

Upon hearing this, the three smiled wryly. Indeed, there was no need to care. The fourth princess of the Chen family, not to mention how much wealth her family controlled, her charitable contributions alone made her someone no one dared to touch.

After their conversation, the three of them left the teahouse and hurriedly headed back, as it was a lull in the market and they needed to make the most of the time to collect raw jade.

They are all veteran players in the industry and know very well who has jadeite in their hands. They used to be unable to agree on prices, but now they are willing to pay higher prices to acquire it.

"He really holds a grudge!" Boss Zhang remarked.

Having known each other for many years, he knew very well that Chen Yanyin wouldn't do such a thing given her personality. The only explanation was the criticism she received from people in the industry before.

Retaliation followed.

Chen Yanyin's choice of direction was also correct. The market for both jadeite and Hetian jade is huge and uncontrollable, while the market for seed jade is limited.

Only seed jade has financial attributes.

This is something other jewelers don't want to see; once jade becomes a financial product, it will depress the value of other products.

Most people couldn't do something like this.

If someone actually dares to do it, these people in the circle will unite to spread rumors and smear him, or use other means to destroy him first.

Chen Yanyin's plan to do this will likely face many challenges.

The appraisal agency has been established with all the necessary permits and is named "Chen Laosi Hetian Jade Pebble Appraisal Center". It is located next to "Chen Laosi Stone Shop".

To this end, they bought three shops at a high price, utilizing both the upstairs and downstairs areas, and purchased all kinds of testing instruments, which have all been debugged.

After wandering around the area, Chen Yanyin returned home and posted a Douyin video: "Live stream at 2 PM Saturday, taking you on a tour of the basement and opening the wooden box."

Basement, wooden box!

As seen in previous live streams, the huge basement was filled with various wooden boxes, sparking much speculation and attracting a lot of curiosity.

At 2 PM on Saturday, as soon as the live stream started, a large number of netizens flooded in, all eager to see what the top billionaires collected.

Hello, friends.

“During the previous live stream and in the comments section, many people were curious about what was hidden in all those wooden boxes in our basement.”

"Let me show you today."

"Wow, in just a short while, the number of viewers in the live stream has exceeded 50. Everyone is very curious, so let's not waste any time and reveal the mystery directly."

"Xie Yun, let's go."

Xie Yun was dragged along to be the photographer today. Holding a phone stand, she followed Chen Yanyin into the basement. It was her first time in this place. The basement was brightly lit.

Chen Yanyin casually took a wooden box from the shelf: "Xie Yun, point the camera at the label, everyone look carefully, there is a name on the box."

"Hetian white jade bracelet".

As he spoke, he opened the wooden box and took out a white jade bracelet: "See this? It's Hetian jade, and there's a receipt inside."

He took out the receipt and pointed it at the camera: "Beijing Jade Factory, 1981. This bracelet sold for 780 yuan back then, which was almost two years' wages for an ordinary worker."

"The receipts all have official seals on them; I specifically requested them to be stamped when I made the purchase."

After putting the box away, Chen Yanyin walked inside, opening the wooden box repeatedly: "This is a Hetian jade ornament, from the Shanghai Jade Carving Factory, acquired in 1982."

"A safety buckle from Suyang Jade Carving Factory. The material is excellent, mutton fat jade."

"And jade."

There were ice-type and glass-type jadeite in various colors... Chen Yanyin spent an hour opening blind boxes like she was showing off her wealth.

The chat room was constantly filled with comments.

After an hour, the number of people had exceeded one million, and everyone was amazed by the Chen family's collection, saying that any one of the pieces was worth a fortune.

Seeing that the number of people had exceeded one million, Chen Yanyin stopped opening the blind boxes: "Does everyone want to know where these jadeite and Hetian jade came from? How did they end up in our homes?"

"Fourth Sister, everyone wants to know." Xie Yun said, relaying the message on behalf of the netizens as she looked at the comments section.

Chen Yanyin nodded slightly: "Then tell me."

“In 1981, my father was still studying at Peking University, majoring in economics, but he had connections in Hong Kong and was already investing and doing business there.”

"At that time, we were just starting out and had a little money."

"In 1981, as everyone knows, China was in dire need of foreign exchange. We needed foreign exchange to import technology and equipment from abroad."

“At that time, one of his senior colleagues worked in the Ministry of Foreign Trade. Because of the lack of foreign exchange, the equipment that was supposed to be imported could not be resolved for a long time, so he came to my dad.”

"We call him Uncle Sun."

“Uncle Sun proposed to exchange 500 million Hong Kong dollars for 'yuan', and my dad said he could give 1000 million Hong Kong dollars.”

"But it couldn't be exchanged. Back then in mainland China, you needed receipts to buy things, so you couldn't spend any money, and I was still in school, so I didn't have the energy to invest."

"After discussion, we decided to use the money to buy jadeite and Hetian jade, which were all brought over from various jade factories."

"In 1982, there was a shortage of foreign exchange again."

“At that time, my father was already very rich. Hong Kong was experiencing a real estate crash and the social order was very bad, so my father put forward new conditions.”

“Besides using foreign exchange to buy jadeite and Hetian jade, he also asked Uncle Sun to introduce him to bodyguards, specifically those bodyguards from the higher-ups.”

"Introducing one bodyguard would result in the purchase of $5 million worth of goods. In the end, a total of six bodyguards were introduced, and $30 million worth of jadeite and Hetian jade were purchased."

Do you understand the significance of this deal?

“In 1983, my parents went to Hong Kong to attend a land auction. On their way back, they were kidnapped by a dozen or so kidnappers.”

“Each kidnapper was armed with a gun, a pistol, and an AK47. They opened fire wildly on their car, shattering the windows of the bulletproof vehicle.”

"Fortunately, the bodyguards were strong enough to kill six kidnappers on the spot, seriously injure one, and the remaining five kidnappers fled in panic, but were later killed by the police."

"Without this deal, you can imagine what would have happened to my parents, and I wouldn't exist. This kind of thing happened again in 98."

"I survived entirely thanks to the bodyguards."

Upon hearing this, the comments section fell silent. What's it like to be mowed down by a dozen robbers?
You'd be scared to death!
No wonder the Chen family is so low-key and hardly ever publicizes their business. It turns out they were targeted by robbers twice and were even shot at both times. Who wouldn't be afraid?
"That's the end of the story. Now, let me tell you why I'm going to do a live stream. It's because I'm about to do something big. I'll keep you in suspense for now and tell you later."

"Let's talk about these Hetian jades first."

"The Hetian jade we collected at that time was almost all from the Western Regions. Because of the large quantity, it was impossible for all of them to be pebble jade; there were also some mountain jade among them."

"Back then, jade pebbles were all without skin; the skin was considered a flaw. Now, people who collect jade pebbles want them with the skin on, or they collect raw stones."

"Many merchants deliberately advertise that peeled seed jade is mountain jade, and it is impossible to tell whether it is mountain jade or seed jade."

Is that really the case?

“True veteran collectors can distinguish between seed jade and mountain jade with the naked eye. If a stone has been soaking in a river for hundreds of millions or even hundreds of millions of years, how could its structure not be different?”

"Many instruments can also distinguish them."

"With current technology, we can even distinguish where rare earth elements are produced. If we can't identify Hetian jade pebbles, then that's just a scam."

"It's just that nobody in the jade industry is willing to do this. If they could issue a certificate for seed jade, how could they fake the skin of mountain jade or Russian jade and sell it to you as seed jade?"

Are there that many jade pebbles on the market?

“When our family started collecting jade pebbles in 1995, the output was already very scarce, especially high-quality jade pebbles. Where do we get so many jade pebbles now?”

"Is what you bought genuine?"

"The big thing I'm going to do next is to break through this barrier and open a new Chen Laosi Hetian Jade Pebble Appraisal Center next to Chen Laosi's Stone Shop."

"Everyone can bring their jade stones for appraisal, but be prepared, I dare say 90% of what players have are fake."

That concludes today's live stream.

"Next, I will release a video showing how to identify whether a jade pebble is genuine and how to grade jade pebbles. As long as the identification shows that it is genuine and the quality meets the medium to high standards, I can buy it back."

As soon as he finished speaking, many viewers in the live stream who were involved in Hetian jade felt a shiver run down their spines. Chen Laosi's revenge had come, and it was truly ruthless.

(End of this chapter)