bookbashuk Chapter 52 Free Purchase
Chapter 52 Free Purchase
On Monday of the third week, there was still no response from Chuanyin.
Zhou Ming also sent people to investigate, and found that their entire convoy was fast asleep. He panicked a little and temporarily slowed down the delivery process.
Tuesday, still no movement.
Some merchants who wanted to stockpile goods couldn't sit still and started frantically calling Bird to ask if they were still buying.
The price that had been impossible to negotiate before was now voluntarily lowered. But Zhou Ming ultimately scolded them and didn't accept the money...
On Wednesday, Zhou Ming couldn't sit still any longer. He sent someone to Yangcheng to inquire, and the news he received was that the factory that Chuanyin had used was indeed operating, but the amount of materials had obviously decreased significantly.
On Thursday, Li Xiangdong couldn't sit still any longer, so he personally called Shen Fei.
The call was made three times before it was finally answered.
The moment the call connected, Li Xiangdong's anger subsided. He kept reassuring himself, "Just as Zhuge Liang visited Zhuge Liang three times at his thatched cottage, so too does he..."
He is a man of great character.
To survive, you have to swallow any anger.
"Mr. Shen, it's been a long time." Li Xiangdong tried to keep his tone relaxed and less barbed. "I heard you've suspended your recycling business. Are you facing some difficulties? If you need any help, please don't hesitate to ask."
On the other end of the phone, Shen Fei forced a smile off his face: "Thank you for your concern, Mr. Li!"
There were no difficulties; we simply collected enough. Haven't you noticed that for the past three months we've been collecting for a few days and then stopping for a few days?
"I've...I've collected enough." Li Xiangdong was completely stunned. So the other day they weren't just teasing him. He thought about the nearly ten million in inventory in the warehouse and panicked.
"Mr. Shen, you must be joking. I heard you consume four or five hundred thousand units a day, how could you possibly have acquired them?"
That production line is a golden goose; how can it be stopped?
"Oh, we have plenty of stock," Shen Fei said casually. He even signed the report that Li Qing had sent him and handed it to Li Qing.
He then ignored Li Xiangdong and began instructing Li Qing on her work: "Tell the merchants who have inquired that we have really collected enough this time, and they don't need to ask anymore. We won't accept any more offers, no matter how low they are."
"OK."
Listening to the internal conversation on the other end of the phone, Li Xiangdong felt no excitement at obtaining intelligence; instead, he felt a chill in his heart.
He's completely acquired it, so what he has in his hands...
His heart skipped a beat. This wasn't gold anymore; it was a deadly bomb... After all, the environmental remediation fee was a hefty fine.
"Mr. Shen, your company really has a lot of stockpiled goods."
"More or less. The main issue is that the value of these goods didn't meet my expectations, so we slowed down our production line. We can use them until the end of the year."
Shen Fei smiled again, putting pressure on the other party.
"Mr. Li, is there anything else? I have a meeting to attend to."
Of course, this was just a polite inquiry from Shen Fei, and he hung up the phone before he could finish speaking.
The beeping sound was like a heavy hammer blow to Li Xiangdong.
He immediately stood up and rushed into Zhou Ming's office: "Immediately! Right now! Stop all recycling, and also stop the original trade-in program."
"Mr. Li, what's wrong?"
Zhou Ming hadn't reacted yet.
"Transsion really isn't accepting any more old phones; they've saved enough for the rest of their old phones."
Seeing this idiot's reaction, Li Xiangdong's face turned ashen: "How many have we acquired so far?"
Hearing this devastating news, Zhou Ming trembled as he rummaged through the documents on the table. He quickly found the "death notice": "Currently, 958 million units have been acquired, with more than 300,000 units in transit, plus some previous inventory... approaching 10 million."
What is the total price?
"Because we were competing with Transsion there a while ago, the average purchase price per unit was 30 yuan. Adding in some travel expenses and inventory costs, the total investment was... 3.2 million yuan."
After a moment's thought, Zhou Ming grew increasingly panicked and knelt down.
Li Xiangdong's vision went black for a moment, and he barely managed to stay upright by holding onto the table.
3.2 billion.
Bird's current total liquid assets don't even amount to 100 million!
After all, the feature phone market has entered a fiercely competitive stage. In order to eliminate other mobile phone manufacturers, Bird's goal is to sell this batch of phones without losing money, so they can sell them.
In order to collect these broken phones and to rip off Huaxing, they even took out a 2 million yuan loan from the bank. Now everything...
"Disband the team immediately, stop signing contracts, breach all contracts that can be breached, and slowly bring them to court for breach of contract."
Li Xiangdong roared.
At this moment, he realized it was a trap. He hadn't fallen for Shen Guohua's tricks, but he'd fallen for that little brat Shen Fei twice in a row.
But as he had predicted, it was too late.
That afternoon, recyclers across the country who had signed contracts with Bird collectively emailed their respective offices, demanding payment based on their contracts.
Because the announcement from Waveguide stated that the settlement would be in cash, they only delayed the process for a while in order to maintain cooperation and receive a small kickback from Zhou Ming.
but now……
Over the next two days, 1.2 million yuan of working capital was withdrawn from Bird's account.
At this time, Bird was already in an economic crisis and had to borrow another 200 million yuan from the bank to barely get through the crisis.
……
After this commotion, Bird was also severely weakened. Three days later, Li Xiangdong called Shen Fei again.
After contacting numerous partners, the best offer they received was a processing fee of 1.8000 yuan for handling these 1000 million phones, averaging 18 yuan per phone.
Although there were better offers, those people simply couldn't handle the huge inventory.
In the end, he could only plead with Shen Fei, even gritting his teeth and using honorifics: "President Shen... I was blind... to your greatness before."
"Could you... perhaps you could... purchase a little more goods? The price is negotiable."
"Mr. Li, as I said, we have enough inventory."
Shen Fei was well aware that Bird was already at its limit, and this batch of mobile phones was a major weapon to crush them, so they certainly wouldn't agree so easily.
That's right, he wants to buy it for free.
"Then... could you help me process some of it?" Li Xiangdong said through gritted teeth, his voice humble. "We've received far too much; the warehouse is overflowing. You have experience, you have channels..."
There was a few seconds of silence on the other end of the phone.
"I can help you handle it, but as Mr. Li knows, things are different now. This is extra production capacity, and if we expand, we will also risk losing money," Shen Fei said slowly, giving him time to react.
"Moreover, there are costs involved in disposing of old mobile phones. Dismantling, sorting, environmentally friendly processing... how much does it cost?"
Therefore, the price this time will definitely not be the same as last time, and we cannot afford to take those risks.
"Name your price, how much are you willing to pay for each unit?"
"Recycle? Mr. Li, are you out of your mind? You're the one begging us now. This production capacity is unnecessary for us; you should be the one paying me."