He knew that the cost price of each T-shirt made in Boss Fan's factory was nineteen yuan. According to the previous agreement between Boss Fan and 'Boss Bao', each shirt cost twenty-seven yuan, so Boss Fan's factory could make eight yuan profit per shirt.
However, if the price is now 21 yuan per piece, then Mr. Fan's factory can only make 2 yuan profit per piece.
This means that Liu Xiaobao can eat meat to his heart's content, while Boss Fan's factory can only drink the broth.
Understanding the significance behind the price, Liu Xiaobao nodded in satisfaction.
However, Liu Xiaobao did not agree to President Fan's offer; he didn't want to make things too ugly.
"Twenty-one yuan? That price is too low. If you take this price back with you, Mr. Fan, I'm afraid the rest of your factory will tear you apart."
President Fan remained silent, knowing that what Liu Xiaobao said was true.
If General Manager Fan returns with a price of 21 yuan, the others in his factory will definitely hold him accountable, and may even dismiss him as factory manager.
Seeing that President Fan was silent and didn't continue talking about responsibility, Liu Xiaobao changed the subject and said...
"How about this, I'm not the kind of person who doesn't remember old friendships. We've known each other for two years, so we can be considered friends. Plus, considering Miss Wang's face, I won't ask you for twenty-one yuan. I'll just lower the price by three yuan from the original price, making it twenty-four yuan per item. That way, you can go back and report. As for the two million four hundred thousand yuan you lost, consider it a lesson learned and tuition fee. What do you think?"
Since he had decided to cooperate with President Fan, Liu Xiaobao didn't want things to get too tense with President Fan, lest it make things difficult for Wang Mingzhu in the future.
That's why Liu Xiaobao decided to let President Fan off the hook and didn't take the opportunity to drive the price down to the lowest possible level.
However, when it comes to business, you should always try to make as much money as possible, so Liu Xiaobao still wanted to lower the price by three yuan.
After hearing Liu Xiaobao's words, President Fan looked up at Liu Xiaobao with a mixture of emotion and shame.
"Mr. Bao, you are such a kind person. I was so foolish. I even tried to take advantage of your position to lower your price, and I even considered finding someone else to cooperate with. Compared to you, Mr. Bao, I am so ashamed that I want to disappear!"
In the end, President Fan slapped himself hard across the face again.
Snapped!
"Mr. Bao, I owe you a huge favor this time. In the future, if you ever need my help, I, Fan Xinhua, will do my best to assist you without hesitation!"
Seeing President Fan's attitude, Liu Xiaobao couldn't help but nod.
"The price has been agreed upon. The remaining issues are the goods and sales. As you saw, Mr. Fan, I've now brought Mr. Ma into the picture, so we can't just focus on Sanyang anymore. Therefore, Sanyang will need to wait another month. At that time, I will launch Sanyang and Mr. Ma's Dongmei into the market together, creating two domestic brands."
Mr. Fan asked with slight concern, "Launching at the same time? Mr. Fan, Mr. Ma and I both make these 'fire-scorched mercerized cotton' T-shirts. Won't launching them at the same time affect each other?"
Now that the negotiations had been resolved, Liu Xiaobao no longer treated President Fan with the cold shoulder.
Liu Xiaobao placed one hand on President Fan's shoulder and replied with a smile.
"Business is about making a move. Look at Huanghe Road, why are there restaurants everywhere, all of them competitors, yet their businesses are still so good? That's the reason. So, if you and Boss Ma launch your two brands together, it won't affect your sales. On the contrary, it will help each other promote each other. And don't worry, I know what I'm doing. I guarantee that both Sanyang and Boss Ma's Dongmei will be successful!"
"With Mr. Bao's words, I'm relieved. I'll do whatever you say!"
Chapter 10 Two Goals (Please add to your favorites and give flowers)
After reaching an agreement with General Manager Fan, Liu Xiaobao and General Manager Fan returned to the private room.
When Liu Xiaobao told Xu and the other two about what he and President Fan had discussed, they were somewhat surprised but not astonished.
After all, what businessman wouldn't do a business that makes money? So, when Liu Xiaobao and President Fan started working together again, President Xu and the others weren't surprised.
Afterwards in the private room, the five people discussed the specific details of the cooperation and finally formulated a plan to launch the two brands simultaneously in the market a month later.
In fact, with one more manufacturer involved, Liu Xiaobao and General Manager Xu don't need to make any major changes.
Liu Xiaobao is simply creating more publicity for his brand, while General Manager Xu is just reserving an extra counter in the Hulian Department Store.
Only Wang Mingzhu needs to put in a little more effort; she needs to try and secure another export quota.
These days, export quotas aren't easy to obtain. Even if ordinary businessmen go to the foreign trade bureau and beg and plead, they might not be able to get them.
However, Wang Mingzhu has an absolute advantage in this regard. She is an internal staff member of the foreign trade company, and Jin Hua, the section chief in charge of export quotas, is her mentor.
Given her ability to generate revenue and achieve performance targets for the company, it wouldn't be too difficult for Wang Mingzhu to meet her quota.
After the five people finalized the cooperation, Boss Ma went to work on brand registration and production preparations the next day.
Mr. Fan did not stay on Huanghe Road any longer and returned to his Huxi Knitting Factory.
Having learned his lesson the hard way, Mr. Fan even vowed never to dine at Zhizhenyuan again.
After finalizing the deal, Liu Xiaobao was temporarily freed from this foreign trade business.
However, Liu Xiaobao did not spend his days idly in the Peace Hotel.
Ever since he transmigrated to the 'prosperous' film and television world, he has set two goals in his heart.
His first goal was to become a financial tycoon in the world.
His second goal was to fulfill his dream of becoming a sexually fulfilled man like Wei Xiaobao.
If he wastes his time, Liu Xiaobao won't be able to achieve these two goals; he still has to work hard.
So after getting rid of the foreign trade orders, Liu Xiaobao turned to the stock market.
For Liu Xiaobao, who studied finance and investment, investing in stocks is practically his old profession.
Moreover, the stock market at this time was not as complicated as it was in 2023; the entire Pujiang Stock Exchange only had a little over a hundred stocks.
In addition, Liu Xiaobao still has funds at his disposal and is not short of capital.
Under such conditions, it would be incredibly easy for Liu Xiaobao to make some money from the stock market.
However, without any major changes in the stock market, it's unrealistic to expect to make a fortune overnight.
Therefore, Liu Xiaobao could only slowly earn small amounts of money first, and then accumulate it to make his funds snowball bigger and bigger.
Fortunately, there are only about a hundred stocks on the Shanghai Stock Exchange right now, and the daily trading volume is only around 200 to 300 million.
Liu Xiaobao currently has over 40 million yuan at his disposal. This amount might not be enough to drive a large price increase, but it should be sufficient to push up the price of a small stock.
So after making the necessary preparations, Liu Xiaobao began to invest in the stock market.
Liu Xiaobao's operation was actually very simple: he would buy a small amount of a listed stock to slightly boost its price.
Then, have Commander Cai, Aunt Fat, and Little Ningbo spread some rumors at the stock exchange to entice other investors to buy the stock.
At the same time, Liu Xiaobao will gradually buy this stock in batches with the remaining funds.
This would lead to a larger increase in the stock price.
When the price rises to a certain level, Liu Xiaobao will gradually sell off his shares in batches and exit the market, thus making a profit from the price difference.
For example, suppose Liu Xiaobao chooses a stock listed on the stock market, and the stock price was ten yuan before Liu Xiaobao entered the market.
If Liu Xiaobao were to buy 10 million shares at once, the stock would inevitably see a slight increase in price, rising from 10 yuan to 10 yuan and 1 jiao, because it would be favored by investors.
Despite the small increase, Commander Cai and his team spread some positive rumors, which attracted a large number of investors to buy the stock.
Then the stock will see a larger increase, continuing to rise from the price of 10.01 yuan.
Then, Liu Xiaobao would use all his other funds to buy more shares at the same time, working together with other investors to push the stock price up.
When the price rises to eleven yuan, Liu Xiaobao will slowly sell his shares, thus earning the difference between the original price of ten and eleven yuan.
Of course, this is just an example. How much it can rise and how much profit can be made depends on the actual situation, but this is how Liu Xiaobao is doing things now.
In fact, with only 40 million yuan in funds, Liu Xiaobao's trading methods would not have been very effective in the 2023 stock market.
But now it's the 1990s, and the entire Shanghai Stock Exchange only has a little over a hundred stocks, with a daily trading volume of only around 200 million. So Liu Xiaobao's 40 million yuan can play a big role.
However, to be honest, Xiao Liu Bao had only learned theoretical knowledge at school before, and this was actually his first time personally operating a trading platform.
Fortunately, 'Boss Bao' had a lot of practical experience in his memories, so Liu Xiaobao, who had digested 'Boss Bao's' memories, wasn't too nervous.
When it was his first time trading, Liu Xiaobao didn't specifically choose any particular stock.
He simply picked a stock at random on the stock market and then prepared to put his planned trading method into practice.
Meanwhile, Commander Cai and his team had arrived at the stock exchange and were waiting for Liu Xiaobao's phone call, ready to cooperate with his actions at any time.
Chapter 11 A First Try (Please add to your favorites and give flowers)
The stock Liu Xiaobao randomly selected this time was called 'Baofeng Chemical,' with the stock code '600323' and a listed price of 11.5 yuan.
Liu Xiaobao himself did not go to the stock exchange; he simply controlled the situation remotely by phone from suite number 72 at the Peace Hotel.
His first call was to Xiao Ningbo: "323, Baofeng Chemical, build a position, buy in batches of ten million, starting with small amounts and gradually increasing."
Without any hesitation, Xiao Ningbo immediately followed Liu Xiaobao's instructions at the stock exchange to establish a position and began buying 323 shares.
Xiao Ningbo bought one million at a time, and then gradually increased the amount until he had bought all the ten million that Liu Xiaobao had set for him. Only then did he stop.
Sure enough, with Xiao Ningbo's ten million yuan investment, 323's stock price rose from 11.5 yuan to 11.7 yuan.
After Xiao Ningbo reported the stock price fluctuations to Liu Xiaobao, Liu Xiaobao immediately called Commander Cai and asked him to start spreading the positive news about the stock price fluctuations.
Twenty minutes later, many investors believed Commander Cai's so-called "insider information" and rushed to buy 323.
At this moment, Liu Xiaobao decisively notified Aunt Pang and Stamp Li, who immediately led a group of fleet members to split into retail investors and simultaneously buy 323.
Some investors who were initially hesitant couldn't sit still anymore when they saw the plump aunt and others rushing to buy 323 shares, and finally followed suit.
The rush of investors to buy shares caused the stock price of 323 to gradually rise.
To Liu Xiaobao's surprise, in just one hour, the stock of 323 rose from 11.5 yuan to 12.8 yuan, and it is still rising.
Liu Xiaobao wasn't greedy. When the stock price of 323 rose to thirteen yuan, he immediately notified Xiao Ningbo and Aunt Pang, telling them to start selling their stocks and leaving the market.
You'll Also Like
-
Crossover Anime: Collecting Treasures from All Worlds Starting with Type-Moon
Chapter 261 20 minute ago -
Film and Television: Bao Zong has finance in his left hand and entertainment in his right.
Chapter 145 20 minute ago -
American comics: From the black robes to becoming the ultimate Doomsday
Chapter 359 20 minute ago -
American comic book: Invasion of the universe, even Wanda Gwen is shocked.
Chapter 331 20 minute ago -
Joyful Youth: Many Children, Many Blessings, Starting with Song Qian
Chapter 621 20 minute ago -
Walking in the Question and Answer System of Heroic Spirits
Chapter 675 20 minute ago -
A one-on-one fight against Regigigas? Is this the Elf Professor?
Chapter 504 20 minute ago -
Knight: In the Extreme Fox, opening a box turns him into a weirdo.
Chapter 892 20 minute ago -
Fairy: Heal Mirajane, Black Dragon Template
Chapter 177 20 minute ago -
Urban drama: Me! I collide with Bei Weiwei at the very beginning.
Chapter 307 20 minute ago