Chapter 1209 Monopolizing the National Market
"Oh my, what do you mean it can't be used? Maybe the data is too ugly and you are too embarrassed to show it out."
Shen Changqing's words made Su Xiaoyan very unhappy.
She glanced at Shen Guangnian and said in a cold voice.
"Third Master, please ask your young master to pay attention to the order of the meeting. If he has anything to say, he can wait until President Hua finishes speaking before he speaks." Shen Guangnian still raised his head arrogantly and ignored Su Xiaoyan.
But after Shen Changqing was glared at by Su Xiaoyan, he calmed down a little.
Hua Ting nodded to Su Xiaoyan to express his gratitude, and then continued.
"Last night, Shen's Vegetable Garden, a subsidiary of Shen's Group, submitted a cabbage export quotation to South Korea. This quotation was scientifically formulated based on various factors such as China's real-time weather, economic level, and labor. South Korea finally agreed to our quotation after careful consideration. We will be the first to supply 10000 tons of cabbage to South Korea today!"
After Hua Ting finished speaking, Su Xiaoyan was the first to stand up and lead the applause.
Everyone else followed suit and stood up and applauded.
Shen Changqing looked puzzled and disdainful.
"Damn it, I thought it was a big deal. It's just selling 10000 tons of cabbage... It's just a price increase. You're making it like it's a big deal. The Koreans are bigger than horses, they won't care about your tiny price increase. They probably didn't even bother to see how much you increased the price, they just signed the contract with you. And you're so excited and happy."
Su Xiaoyan immediately retorted.
"You prodigal son, what do you know? Do you know how many tons of cabbage the Korean country consumes every year? Do you know how much cabbage our Shen Group supplies to the Korean country every year?! Do you know what the market share of our Shen Group's cabbage is in the Korean country!!!"
Shen Changqing was stumped by Su Xiaoyan's question.
Because he really didn't know...
"I don't know these data, but I can be sure that no matter how big your business is, it won't be that big!!! Cabbage is still cabbage after all!"
Su Xiaoyan said with a sneer.
"The market share of our Shen Group's cabbage in South Korea is 96%! Do you think this scale is huge?!"
After these words were spoken, Shen Guangnian and Shen Changqing were both stunned.
How come Shen’s cabbage has such a high market share???
They thought that with Su Xiaoyan being so arrogant, the market share of Shen Group's cabbage in South Korea might be 20%, 30% or even 50%.
But they never expected that the cabbage sold by Shen Group actually accounted for 96% of the cabbage consumption in South Korea!!! Is this... a normal business? This is a monopoly!!!
Monopolizing a country's market, how is this possible?
Su Xiaoyan's words made Shen Changqing panic.
But even though he was panicking, he still remained stubborn.
"Even if it accounts for 96%, you still won't make much money if you raise the price..."
Although Shen Changqing was tough, his voice was obviously much weaker...
Hua Ting snorted coldly.
"Shen Changqing, don't look down on the value of cabbage!"
"Damn it, how much can cabbage be worth! It's just one dollar or two dollars per pound. Even if you sell it for three dollars or ten dollars, so what!"
Hua Ting smiled slightly, then spoke in a calm tone.
"What if the price of cabbage from our Shen Group sold to South Korea rises to 50 yuan per pound?!"
After Hua Ting finished speaking, the whole audience was silent.
Many people in the senior management of Shen Group knew that Su Xiaoyan was going to raise the price of exported cabbage.
But they don't know exactly how much the increase will be.
Look at Hua Ting on the stage, being so pretentious.
I guessed in my mind that it might be 5 yuan, or 10 yuan.
But Hua Ting finally offered a price that no one could have imagined.
A pound of cabbage costs 50 yuan!
"Oh my god, I just bought some cabbage yesterday, and it was only one dollar a pound at RT-Mart."
"I was able to negotiate this deal, which really opened my eyes..."
"How much revenue does the Shen's Vegetable Garden subsidiary alone have in a year..."
Not only the top executives of Shen Group were shocked.
Shen Guangnian and his son were even more stunned.
"No... Are you selling cabbages?! Are your cabbages made of gold? 50 yuan per pound is crazy?! Are Koreans crazy? How could they agree to this price!?!"
Shen Changqing roared as his defense broke.
Hua Ting smiled slightly.
"Our business with South Korea is based on payment and delivery. They pay first, and we deliver the goods later. The first batch of 1 tons of cabbage, 10 billion yuan in payment has been received..."
As he spoke, Hua Ting turned slightly to the side.
Only then did everyone realize that Hua Ting swore that he did not make a PPT.
As a result, a data chart suddenly appeared on the screen.
"Everyone, Korea consumes 90 tons of cabbage every year. Based on the current market share, our Shen's Vegetable Garden subsidiary needs to supply 86.4 tons of cabbage to Korea every year. Originally, cabbage was supplied to Korea at one yuan per catty. With 86.4 tons of cabbage, the estimated revenue is about 1,729,000,000 yuan. But now we have raised the price to 50 yuan per catty, and the annual revenue has changed accordingly... According to my rough estimate, the amount is about 864 billion."
When Hua Ting said 864 billion, all the executives were dumbfounded again.
Shen's Group can earn 864 billion yuan a year just by selling cabbages? ? ?
Are you sure this is a cabbage business? Not a flour business?
Even if this business cannot be done every year, just do it for one year.
The money that Shen Group invested in purchasing the company can be recovered and make a huge profit!
Everyone looked at Su Xiaoyan.
This...is this China's business genius?
Did she...foresee this day would come when she bought this company?
How could South Korea agree to such a request?
There are questions in everyone's mind...
Shen Changqing and Shen Guangnian opened their mouths slightly.
The word "impossible" was written all over their faces.
Selling cabbages, he earns more than 80 billion yuan a year.
Who would believe it if I told others? ! !
Without waiting for Shen Changqing to speak.
Hua Ting continued with his presentation report.
"Everyone, just now I just talked about the new business unit, including the summary of the cabbage business. Now, what I want to present to you is the situation of our Shen's Rice Company. I believe everyone knows that the weather is bad this year, and domestic rice production has decreased, causing rice prices to rise..." I heard Huating say that the weather is bad this year and domestic rice production has decreased.
Everyone's mouth twitched.
The weather in China this year is generally recognized to be good, and the rice harvest is a bumper year.
In the supermarket, rice is on sale for one or two yuan every day.
The result in your mouth is a natural disaster with a poor harvest.
This trick of deceiving Koreans has even been used on colleagues...
