I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 165: Eye drops agency auction, Sanxing mobile phone explosion

"Who are they?" Yang Chen asked.

Chen Xi replied: "The guard said they were some employees of an eye hospital, an eye drops company, and an eyewear store. They think that once our products are fully launched on the market, they will take away their market share. When the company's performance is not good, they will lay off employees and they will lose their jobs."

Yang Chen smiled and said, "It should be their boss who instigated them to come here. Since they have been sent here, I will accept them with joy. You notify Gao Ya to go over and handle it. Tell those people that Sihai Pharmaceutical Factory and Sihai Industrial Park need a large number of employees. Ask them to all come here. This way, you don't have to worry about work problems."

Chen Xi nodded, and hurried back to the office to call Gao Ya and convey Yang Chen's order to her.

Half an hour later, Gao Ya called Yang Chen.

"Director Yang, it's handled. Following your instructions, I asked them to apply for the job here. The work is easy and the pay is good. There's no need for them to be instigated by their boss to come and cause trouble. They all accepted it happily and are now going back to resign and apply for the job here." Gao Ya said with a smile.

Yang Chen smiled and said, "Yeah. Well done."

Soon, the bosses of eye drops companies, glasses companies, ophthalmology hospitals, etc. received reports from the human resources managers that a large number of employees applied for resignation and all wanted to go to work at Sihai Group.

The bosses were stunned after hearing this. This was totally different from what they expected.

According to their expectations, Yang Chen would definitely not be able to withstand the pressure from all sides and would be forced to compromise and raise the price of eye drops, leaving a part of the market to them.

The main reason is that they underestimated the strength of Sihai Group, and even if they recruited all of their tens of thousands of employees, it would not be enough.

Purely, it was giving Yang Chen employees for free, reducing the time and training costs of Sihai Group in recruiting employees.

The much-anticipated auction for the global agency rights of Sihai Eye Drops was held.

This time, as usual, agents from all over the world fought hard to win the agency rights.

In the end, the agency rights of Longguo District were acquired by Jingdong at a staggering price of 280 billion yuan, and his competitor Alibaba offered a price of 278 billion yuan before giving up.

Procter & Gamble acquired the North American region for 65 billion Eagle Dollars, Qiangsheng acquired the South American region for 60 billion Eagle Dollars, and Merck Group acquired the agency rights for Western Europe for 80 billion Euros.

Adding up all regional agency fees, the total revenue is approximately 336 billion Eagle Coins.

At first glance, it seems that Mokey Group spent the most to acquire the Western European agency rights, at 80 billion euros, but this is not the case.

Eagle coins and euro coins are the same to their own countries as dragon coins are to Dragon Country, you spend what you earn.

For example, a can of Coke in Bald Eagle Country costs 3 Eagle Coins, and a can of Coke in Dragon Country also costs 3 Dragon Coins.

Just because of the exchange rate issue, it feels like the highest amount is 80 billion euros.

In fact, Jingdong paid the highest price, with 280 billion dragon coins, which was far more than the agency fees of other regions.

The price is 3000 per bottle, and Yang Chen gives the agent a profit of 30%.

The profit of Longguo District is 900 yuan, which includes logistics and other costs, all of which are borne by the agent.

Based on the gross profit of 900 yuan, 280 million bottles would have to be sold to break even for 3111 billion yuan.

Merck Group's gross profit is 900 euros, and the 80 billion agency fee can be recovered by selling only 888 million bottles.

From this comparison, it is obvious that Jingdong's cost is much higher.

Then why is Jingdong willing to spend so much money to bid for Sihai Group’s products every time?

Because they have sales data and data on consumers' searches for related products, they can use this data to analyze the approximate demand for Sihai Eye Drops.

Alibaba and other platforms also have data, so why can’t they compete with Jingdong every time?
Here we have to praise the wisdom of Mr. Liu of Jingdong. It was because he was determined to obtain the agency rights of Sihai Slimming Pills at all costs that helped Jingdong Pharmacy expand rapidly across the country and helped the Jingdong platform make a lot of money. With the profits from these products, Jingdong dared to use the profits from these products to subsidize the agency fees of new products. Platforms such as Alibaba do not have this part of the profits, so they naturally cannot compete with Jingdong.

As soon as the auction data for eye drops came out, it quickly topped the hot search list on major platforms.

"My god, I made more than 300 billion Eagle coins in one night. The money printing machine was humiliated by Boss Yang again."

"After watching Boss Yang's auctions a few times, I now feel that 10 billion Eagle Coins are nothing. Am I getting carried away?"

"Jingdong is really willing to spend money. It seems that Mr. Liu has become a loyal fan of Boss Yang. No matter what the price, he will get the agency rights for any product launched by Boss Yang."

"With Boss Yang making money so fast, I originally thought it would take 10 years to pay off the debt, but now I think it will only take 3 years at most. This year's financial report of Sihai Group will definitely be very impressive, with a conservative estimate of net profit of more than 5000 billion. Slimming pills, cup-lifting pills, secondary development pills, eye drops, memory sticks, Sihai Ice Spring, these are all best-selling products. A company that can get one of these products can make money easily, but Boss Yang owns them all. I can't imagine how much money he will have in the future."

Since Jingdong bid a sky-high price of 280 billion to win the agency rights in Longguo District, Mr. Liu of Jingdong also became a hot topic. Many netizens asked in the comment section of his Weibo why he was so willing to spend money and whether he was helping Sihai Group pay off its debts in disguise.

In view of the netizens' interest, and in order to generate some popularity and traffic for Jingdong, Mr. Liu personally posted on Weibo to respond to everyone's questions.

"Thank you for your attention to me and Jingdong. I will briefly answer your questions. Our decision to spend 40 billion to acquire slimming pills helped us quickly open up the market for Jingdong Pharmacy. In the past six months, the number of offline stores has expanded by 500, and every pharmacy can survive and make a profit by relying on the Sihai products we represent."

"In the first quarter of this year, our online sales increased by 30% compared with the same period last year, and almost all of the sales growth was brought by Sihai products. Thanks to the increase in performance, the company's stock price has also risen by 20% compared with the beginning of the year. Therefore, no one understands the value of Sihai products better than us. Because we make money, I dare to use the money I earn to subsidize the agency fees of Sihai's new products. Other platforms do not have this part of the profit, so naturally they cannot compete with us."

"I am proud of my original decision. It can be said that it is the most successful decision in my life. I am not helping Sihai Group to pay off its debts, nor am I transferring benefits. My decision is supported by our real data. I hope everyone will continue to support Jingdong and Sihai Group. I also hope that Mr. Yang will continue to work hard to bring us more good products. Thank you for your attention."

After reading Mr. Liu’s explanation, everyone understood why Jingdong dared to bid 280 billion to acquire the agency rights of Sihai Eye Drops.

Alibaba’s CEO Ma was in a bad mood when he saw CEO Liu’s explanation on Weibo.

"Damn, I should have been bolder at the beginning. If we had won the auction for the agency rights of the slimming pills, we could have used the money we earned to subsidize the agency fees for new products. If we took one right step, all of them would be right. Unfortunately, I took one wrong step, and all of them were wrong. Not going all out in the competition for the agency rights of Sihai Slimming Pills was the worst decision I have ever made in my life, no doubt about it." Boss Ma muttered to himself, his tone full of self-blame and regret.

As soon as the auction was over, the agency companies couldn't wait to transfer the agency fees to Sihai Pharmaceutical's account in the hope of giving them priority in supplying goods.

Gao Ya, the president of Sihai Pharmaceutical, came to report to Yang Chen: "Mr. Yang, all the agents have transferred the money, and they all asked us to give priority to supplying them. How do you think we should allocate it?" "America, Europe, Sakura Country, South Korea, etc., those markets that followed the Bald Eagle in issuing announcements to sanction our company will not be supplied at all, and priority will be given to our domestic market. By the way, we encourage purchasing agents to bring goods to Bald Eagle and other countries, so that they can make some profit from the price difference." Yang Chen said.

Gao Ya immediately replied, "Okay, I understand. If they ask, should I subtly hint at the issue of sanctions?"

Yang Chen smiled and gave a thumbs up, praising: "Smart. In a capitalist country, capital has the final say. You can't make money from me while restricting me."

Gao Ya smiled and said, "I see! Then I'll go back to work. Call me if you have anything."

Yang Chen smiled and nodded, watching Gao Ya leave.

Just then, a piece of news became a hot topic.

A 5-year-old girl from Qianzhou, Longguo, suffered burns on her face from an exploding mobile phone while she was sleeping and is now receiving emergency treatment in the hospital.

The exploded mobile phone was a new Note7 that the child’s father had just bought at Sanxing Mobile Phone Store.

The child’s father went to Sanxing Mobile Phone Store and asked Sanxing to cover the child’s medical expenses.

However, Sanxing rejected the request of the child’s father and claimed that there was no problem with the phone and it was his improper use that caused the accidental fire.

The child’s father had no choice but to ask reporters for help to expose the incident, hoping that through public pressure, Sanxing would be forced to bear the child’s medical expenses.

Yang Chen became serious when he saw the news. If it was really a problem with the quality of the phone, then Sanxing’s stock price would plummet.

Yang Chen quickly went to buy a Note7, the phone that Sanxing had pinned its hopes on as the king of mobile phones. He disassembled the phone and checked the battery, and he found that the battery had a slight bulge.

In order to verify whether it was an isolated case or a common problem, Yang Chen bought 10 Note7s from different stores and disassembled them for verification. Sure enough, he found that two batteries had slight swelling.

“Haha, let me see how you die this time!” Yang Chen said with a smile.

At this time, news about a Sanxing mobile phone exploding was exposed online.

This time it happened in a factory dormitory. After get off work, an employee was charging his newly purchased Samsung Note7. While charging, he was playing with the phone when the phone suddenly exploded. His right hand was seriously injured and he was rushed to the hospital for emergency treatment.

In the evening, news also came from Bald Eagle that a young man's newly bought Sanxing Note7 exploded in his jeep and the whole car was burned. Fortunately, no one was in the car at the time, otherwise the consequences would be disastrous.

Coincidentally, a fire broke out in a mobile phone store in the Bald Eagle Country. The cause was an explosion of Samsung Note7 stored in the warehouse, which ignited the warehouse and then the front hall sales area.

The accident caused five staff members to suffer burns to varying degrees, one of whom was a pregnant woman, and the consequences were quite serious.

There have also been several Note 7 explosion incidents in Europe, but fortunately no casualties were caused, only some property damage.

A series of explosions pushed the Samxing Note 7 to the top of the global hot search list, and Samxing Electronics had no choice but to quickly issue an announcement to clarify.

"There are rumors online that the Sanxing Note 7 has had multiple explosions. After investigation, it is all false news. The Sanxing Note 7 has been developed and tested for many years before it was launched. As a new generation flagship phone, its quality is absolutely reliable and it is impossible for it to explode. Please stop smearing Sanxing phones. We will collect relevant evidence and reserve the right to pursue legal responsibility of the relevant personnel."

This self-deceiving public relations announcement is nothing but bullshit, no one will believe this nonsense.

When an opportunity comes to him, Yang Chen will naturally grab it.

Yang Chen opened the creditor group and sent a message.

Yang Chen @ all members: Dear creditors, have you seen the news about the serial explosions of Sanxing mobile phones? I need you to exert your influence in your respective cities. This time I will remove Sanxing mobile phones from the Longguo market! The stock price of Sanxing Electronics will definitely fall sharply, and I can make more money from my short position. This is related to the common interests of everyone, you should have no problem, right?
ICBC Zhao Kun @ Yang Chen: Director Yang said so, we will do it. We have several banks in Beijing that can handle it.

Dragon King Wanli @Yang Chen: That’s right, we can handle it in Beijing, and we can also order branches in various cities to give it a try.

Liu Yaming of Golden Mantis Group @Yang Chen: I can try in Sucheng.

Chen Dong from Suning e-Commerce Group @Yang Chen: Leave Jinling to me.

Creditors all over the country are equivalent to a network of relationships all over the country. More creditors are better, and you have to borrow more money.

Yang Chen @All members: Haha, thank you all the creditors for your help. I will definitely clear everyone’s debts by the end of this year.

The creditors were extremely excited, and the group suddenly became more lively.

"Thank you, Mr. Yang! Just let me know if you need anything!"

"Boss Yang, you're so handsome. If you have anything to say, just tell me. I'll do my best to help you!"

"We are all family. Director Yang, if you have any problems in the future, just let us know. Don't be polite to us."

This really proves what netizens said, that the debtors are the bosses, and they will be so grateful just by clearing their debts at the end of the year.

By maintaining a reasonable debt ratio, Yang Chen can not only continue to become stronger, but it is also equivalent to him raising a group of well-known lackeys all over the country. If there is something, just tell them and they will act as if it is an imperial decree.

night.

The commerce department, aviation department and other departments of the Bald Eagle country jointly issued an announcement, listing the Samsung Note7 as an extremely dangerous product, and strongly recommended that passengers on public transportation such as airplanes do not carry this phone.

As we all know, the bald eagle is a weather vane, and many of his allies and subordinates act according to his mood.

Since the leader has issued an announcement, the younger brothers will naturally follow suit and issue the same announcement.

Countries in America, Europe, Asia, etc. have banned Samsung Note7 from being carried on airplanes and other means of transportation.

(End of this chapter)