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Chapter 150 Business War (1)

Wei Hong has fought more than a dozen business wars in his life, with more than a few wins and less losses. With rich experience, he summarized a truth. In order to win in a business war, in addition to having wisdom beyond ordinary people and careful plans, he also has the enthusiasm to go all out. After learning that the news of the shortage of grey cloth was true, Wei Hong immediately asked Li Xuanqing to order to start purchasing grey cloth everywhere. The price of grey cloth was acquired at the current market price, neither high nor low. In order not to make the other two businesses suspicious, Hongyuan Trading Company released it, and recently received a deal and prepared to make a batch of ready-to-wear and send it to the north.

Nowadays, the largest grey cloth supplier in Beijing is Tianyou Clothing. In addition to Tianyou Clothing, there are three large-scale cloth stores. Since Tianyou Clothing needs to supply three major commercial banks and the grey cloth in stock is not rich, Wei Hong only purchased 5,000 pieces of cloth from Tianyou Clothing. The other three large-scale cloth stores each purchased 1,000 to 2,000 pieces of cloth together, and a total of 1,000 pieces of cloth was not easy for Hongyuan Clothing, but Wei Hong felt that

This number is far from enough. After all, the rivals of Hongyuan Trading Company this time are Tianzi and Hongda, two top commercial banks. If they only acquire 10,000 pieces of cloth, the other party will only share it with only 5,000 pieces, even if it causes pressure, it will not be fatal. In order to defeat Tianzi and Hongda in one fell swoop, Wei Hong asked Li Zongren to carry out acquisition channels in the entire capital and even surrounding areas, whether it is medium-sized cloth or small cloth merchants, and in one month they acquired another 20,000 pieces.

Nowadays, the air is getting colder, and summer clothes are no longer applicable, so we must switch to autumn and winter clothes. The fabrics required for autumn and winter clothes are two to three times that of summer clothes. The benefits of autumn and winter clothes are only three points higher than summer clothes, while the fabrics invested are twice as much as those invested. Therefore, the investment price ratio is not cost-effective, and it is impossible to fundamentally attack Tianzi and Hongda. Finally, Wei Hong gritted his teeth and simply used the existing working capital and non-liquid capital of Hongyuan Commercial Bank, and plundered 20,000 pieces of cloth from all cloth stores in nearby areas like scraping the ground.

There were 50,000 pieces of cloth in total, and all of them were stocked in warehouses outside the capital. Because the number of grey cloth was too large and the value was too high, it was necessary to ensure that everything was foolproof. If someone suddenly attacked and fired a torch cloth, the huge loss could directly make Hongyuan Trading Company completely leave the capital. For safety, Wei Hong relied on his connections to make Comrade Cheng to guard the warehouse outside the city. Later, he was worried and held a relationship with Fang Yizhi. Fang Yizhi looked for Fang Xuanling, and Fang Xuanling found a friend who was in charge of military power, and transferred out a hundred soldiers to Wei Hong. In addition, Hongyuan Trading Company's own people, there were 250 people guarding the warehouse inside and outside. If it were not for the large army, there would be no major problems with grey cloth.

Making friends more and making few enemies is fulfilled again. Being able to get friends at critical moments is a great blessing in life.

At the beginning of autumn, Wei Hong ordered Hongyuan Trading Company to start making clothes, in order to make clothes before the signs of shortage of grey cloth occurred. Wei Hong specially transported twenty sewing machines from Hangzhou, and finally made all the autumn and winter clothes before the Cold Dew solar term. Five thousand pieces of cloth turned into 200,000 autumn and winter clothes, and were neatly piled up in the warehouse. As soon as the time came, the warehouse would be opened immediately and the clothes would be swept across the entire capital market!

From purchasing cloth to making clothes, all the decisions were held by Wei Hong alone. At first, Li Xuanqing asked a little about it. Seeing that Wei Hong was at ease in handling the matter, he simply became the boss and handed over all the power to Wei Hong alone. Wei Hong was busy with major matters. Li Xuanqing, who had not been to the Imperial College for a long time, also began to run to the Imperial College frequently. I don’t know what to do. In short, it has nothing to do with business. Li Zongren, who has always had prejudice against Wei Hong, saw that Wei Hong was doing things so vigorously and orderly, and also accepted Wei Hong from the bottom of his heart. It was precisely because of his unity that Hongyuan Trading Company could make 200,000 pieces of autumn and winter clothes in such a short time.

Two hundred thousand clothes were stored in the warehouse outside the city. This was a great event. The whole city was talking about it and speculating about the motives of Hongyuan Commercial Bank. Tianziha and Hongda, who had never taken this matter seriously, also began to make confusing. In order to prevent Hongyuan Commercial Bank from launching surprise troops, and to be afraid of Wei Hong's ability, Tianziha and Hongda also began to make autumn and winter clothes in a large amount. However, the grey cloth stockpiled by the two stores was limited, and Hongda Commercial Bank finished eight thousand clothes.

There was no cloth, and Tianzi had at most 14,000 pieces, which was incomparable to the 200,000 pieces from Hongyuan Trading Company. When the two stores negotiated with large cloth stores such as Tianyou to purchase grey cloth, they found that there were very few grey cloths available in the whole capital city. Tianyou Trading Company had long known that there would be a shortage of grey cloth, so it had stockpiled 30,000 pieces of cloth, but did not sell it to Tianzi and Hongda Trading Company, but was planning to make a fortune when grey cloth was in short supply and prices soared.

As the temperature gradually dropped, people wearing cool clothes began to take off their clothes as thin as cicadas and put on thick and warm autumn and winter clothes. As the market needs, all kinds of ready-made clothes began to surge into the market. At the beginning, Tianzi only took out three thousand clothes and sent them to the market, but they were sold out in the short term. Therefore, on the one hand, they added clothes, and on the other hand, they negotiated cloth stores in various places to purchase grey cloth, preparing to take advantage of the fact that the other two stores had not yet taken action.

At that time, he made a big profit. Hongda was not willing to let it go, and followed Tianzi and sent out two thousand clothes to gain a place in the capital. However, Hongyuan Trading Company, which had stocked up 200,000 clothes, did not make any noise, as if there was no sign of opening a warehouse and putting clothes on. Although Tianzi and Hongda were full of suspicion, they could not control so much in the face of the sales. Except for the five thousand clothes that were kept under the warehouse, the rest were circulated on the market.

At this time, Wei Hong was lying in the house, covering his quilt and taking a nap. Suddenly, Li Zongren called to the main hall. When he arrived at the main hall, he found that in addition to Li Zongren, there were Li Xuanqing and Li Ruohua.
Chapter completed!
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