The Super Rich: Start from when the family business is about to go bankrupt!

Chapter 194 WPG0193: The net begins to close, Wugengtian joins the battle! 134K
Chen Hongzhi and Lin Qianli also gave in-depth consideration to the plan to hype up the ginseng industry, especially when targeting overseas companies, and they considered it carefully.

For example, different total purchase amounts are set for different overseas companies to prevent them from simply running away.

The total amount of liquidated damages designed by the two for overseas companies was about 15 billion, of which Tsumura Pharmaceutical alone bore 8 million in liquidated damages, and the other four overseas companies only bore 7 million in liquidated damages in total.

This is of course because Tsumura Pharmaceutical has many industries in China and cannot easily breach the contract and run away.

In addition, they do not necessarily require these overseas companies to pay the full amount of liquidated damages, but will make adjustments based on the specific circumstances.

For example, the total amount of compensation for breach of contract by Tsumura Pharmaceutical is 8 million Xia Guoyuan. Tsumura Pharmaceutical will definitely not pay the compensation readily, and even litigation can delay the payment for several years.

If Tsumura Pharmaceutical is willing to pay a lump sum, Chen Hongzhi and Lin Qianli are not opposed to Tsumura Pharmaceutical paying less.

After all, it’s better to have money in hand!

The long-term supply contracts set up by Chen Hongzhi and Lin Qianli for overseas companies are actually a double-edged sword.

If the delay is too long, and smart people analyze that Wugengtian Pharmaceutical Group does not need too much ginseng at all, then the current skyrocketing market price of ginseng will probably collapse in an instant.

At that time, those long-term supply contracts will not only fail to create profits, but will also bring troubles.

So both Chen Hongzhi and Lin Qianli hope to get the money as soon as possible.

Time flies by.

Thursday, August 12th.

nine in the morning.

Xia Yuqing practiced dancing with self-discipline, while An Wuyang was paying attention to the market for forest ginseng.

Chen Hongzhi also went to Changbaishan in person today to resolve the long-term supply contract as soon as possible.

At present, Emery Pacific Group from Corea has confirmed the breach of contract and is willing to actively cooperate in compensation matters.

This is because the total compensation amount of Emery Pacific Group is only 1 million Xia Guoyuan. For Emery Pacific Group, this amount of compensation is acceptable, and they can fully earn it back from this round of price increase of forest ginseng.

After all, Corea is also a major consumer of ginseng. Although Corea uses ginseng to make kimchi, Emery Pacific Group naturally has a way to harvest Coreans.

Two other agricultural companies controlled by French health care product companies have also decided to terminate their contracts.

The compensation for the long-term supply contract signed by Vitavea was 2 million Xia Guoyuan. However, after friendly negotiations, the final compensation was 90% of the amount, with an additional confidentiality clause, and it was promised to be credited before August .

August 14th is Chinese Valentine's Day, which is also a Saturday. If the payment is not received before this time, it may be delayed to Monday, August 16th.

If you have one more weekend, there will probably be more trouble!

The second French company that signed a long-term supply contract is called SeaLeaf. An Wuyang generally calls it "SeaLeaf". It is a well-known French advertising and marketing health care brand, mainly engaged in plant essence extraction products, or it can be roughly called a "herb seller".

The liquidated damages for the long-term supply contract signed by SeaLeaf also reached 2 million, but SeaLeaf was only willing to pay 70% of the amount. However, SeaLeaf is willing to pay the compensation today.

This convinced Chen Hongzhi and Lin Qianli, and they finally agreed to SeaLeaf's request to only pay 70% of the liquidated damages, but they also needed to sign a confidentiality contract.

Finally, only two Japanese companies were left waiting for negotiations.

The breach of contract compensation for the long-term supply contract signed by Kobayashi Pharmaceutical was also 2 million Xia Guoyuan, and the negotiations went very smoothly.

When the amount of compensation dropped to 80%, Kobayashi Pharmaceutical agreed to the compensation, as well as the relevant confidentiality agreement and the payment date before August .

But the negotiations with Tsumura Pharmaceutical were not going smoothly!
The main reason is that the amount of compensation paid by Tsumura Pharmaceutical was too high, a full 8 million Xia Guoyuan.

Even though Chen Hongzhi and Lin Qianli had reduced Tsumura Pharmaceutical's breach of contract compensation to 70%, Tsumura Pharmaceutical was still unwilling to comply.

Faced with such a situation, Chen Hongzhi and Lin Qianli hesitated for a moment.

In this plan to hype up forest ginseng, they have already turned a blind eye to domestic agricultural companies and ginseng gardens. Their main target is five overseas companies, the most important of which is Tsumura Pharmaceutical.

But now that Tsumura Pharmaceutical is preparing to cheat, they are beginning to hesitate whether to use coercive measures.

Chen Hongzhi contacted An Wuyang and waited for An Wuyang to answer the call. He quickly explained the negotiation situation with Tsumura Pharmaceutical.

After listening to this, An Wuyang also frowned secretly.

Is it true that the plan to hype up the forest ginseng is so unsuccessful this time?
Even with the network of contacts provided by Chen Hongzhi and Lin Qianli, it is still so difficult to advance. It seems that it is really difficult to rob money!

"What do you suggest we do next?" Chen Hongzhi asked An Wuyang for his advice.

"What do you think?" An Wuyang asked back.

Chen Hongzhi responded, "The result of our current discussion is to further reduce the amount of liquidated damages, and the lowest acceptable amount is 50%."

"That means the compensation amount is reduced from 8 million to 4 million, right?" An Wuyang frowned secretly.

This plan to hype up forest ginseng is so elaborate and involves so many personal connections, but it doesn't seem to make much money?

"Yes." Chen Hongzhi answered affirmatively.

"Although we have to give up some interests, if we can get 4 million in compensation, it is actually quite good," Chen Hongzhi added.

An Wuyang denied it, "I don't think this plan will work!"

"You keep backing down, and Tsumura Pharmaceutical will think that you can accept 50% compensation. Then why can't you accept 30%, or even 10%?" An Wuyang replied.

Chen Hongzhi frowned.

An Wuyang continued, "We are going to release the news at 5:00 AM to purchase forest ginseng. This should be good news for you. You can take this opportunity to force the other party to deliver the goods."

"If the other party is unable to deliver the goods, it will involve breach of contract. At that time, we will directly take legal action. It is just a dream to ask for a discount on the penalty for breach of contract!" An Wuyang added.

Chen Hongzhi understood An Wuyang's meaning. An Wuyang was planning to further heat up the market for forest ginseng, thereby pushing up the price of forest ginseng and allowing Jincun Pharmaceutical to weigh the pros and cons of fulfilling the contract or breaching the contract.

The higher the price of forest ginseng, the higher the cost of Jincun Pharmaceutical's contract fulfillment will be.

After all, the price of ginseng sold under the forest contract previously signed by Tsumura Pharmaceutical was very low, far below the current market price. Under such circumstances, every fulfillment of the contract would result in huge losses.

Once the loss of fulfilling the contract exceeds a certain critical point, will Tsumura Pharmaceutical still fulfill the contract?
For Tsumura Pharmaceutical, the loss of performance of the contract is greater than the compensation for breach of contract, and Tsumura Pharmaceutical is probably more willing to choose to pay the liquidated damages.

"I understand, thank you!" Chen Hongzhi said gratefully.

"After all, we also get 20% of the profits, so of course we have to do something." An Wuyang replied with a smile. Before, An Wuyang had swallowed up 20% of the profits, and now the corresponding plan has encountered difficulties, so of course An Wuyang has to help.

Otherwise, if you just share the benefits and ignore them when you encounter troubles, who will share the benefits with you next time?

"What a great situation!" Chen Hongzhi exclaimed.

"I'll go arrange for the group to spread the word first." An Wuyang responded and hung up the phone.

Afterwards, An Wuyang contacted An Huchun first, explained the situation, and then added, "Dad, send out some signals to show that our group wants to purchase forest ginseng."

An Huchun responded affirmatively, "No problem. We are indeed planning to purchase some forest ginseng, mainly to expand the forest ginseng planting base of Tianjingyan medicinal materials. We are planning to conduct multiple control trials around forest ginseng."

"Hmm?" An Wuyang was puzzled. "What kind of control experiment are you going to conduct?"

"We need to see how long the forest ginseng needs to be planted in the Tianjingyan medicinal material planting base before the energy recovery factor can be produced, or in other words, we must use ginseng seeds for sowing to produce the corresponding energy recovery factor." An Huchun explained.

"In addition, we will transplant forest ginseng from different years to compare the growth of these forest ginsengs in the Tianjingyan medicinal material planting base." An Huchun added.

"We also plan to directly transplant garden ginseng to see if we can transform it into forest ginseng," An Huchun added.

An Wuyang sighed secretly. His father made many stupid moves when he was managing the Wugengtian Pharmaceutical Group, but he seemed to be doing a good job when he was managing the Tianjingyan medicinal materials planting base?
An Wuyang was wondering whether he should go a step further and directly become the vice president of Wugengtian Group. He would be responsible for the management of the group, and An Huchun would be responsible for the group's research and development, as well as the development of the Tianjingyan medicinal materials planting base?
Maybe this is better for the Wugengtian Group!

But An Wuyang has to consider whether An Huchun can accept it. Let's put this matter aside for the time being. An Wuyang plans to find a suitable opportunity to test An Huchun's thoughts.

"We are planning to purchase some forest ginseng and garden ginseng this time, so it can't be considered as releasing false information." An Huchun added.

"How much do you plan to purchase?" An Wuyang asked.

"Not sure." An Huchun responded.

"The surveying work at Tianjingyan is still in progress, and we are arranging for people to personally check the condition of every inch of land to determine what can be done with the additional land," An Huchun explained.

"But the total quantity is definitely not small. According to the current price, we will probably suffer a huge loss," An Huchun explained.

An Wuyang responded, "Don't worry, the market for understory ginseng won't last long."

As long as Chen Hongzhi completes the harvest, Wugengtian Pharmaceutical Group can water the ginseng at any time to extinguish the hot market for forest ginseng.

"Now we just need to release the news, there is no need to buy it immediately." An Wuyang added.

"Okay, I'll arrange it right away and send people to Changbai Mountain for investigation." An Huchun responded.

After the two father and son finished their conversation, An Wuyang contacted Chen Hongzhi again. While waiting for the call to be connected, he spoke first, "You can stop negotiating and directly ask the other party to prepare to ship the goods."

"Is your group ready?" Chen Hongzhi asked back.

"Well, our group does need to purchase a batch of forest ginseng recently. I estimate that the news will be released soon, and we will also arrange for an inspection team to go to Changbai Mountain for a field investigation." An Wuyang explained.

"That's settled!" Chen Hongzhi replied with a smile.

"Now that you, Wu Gengtian, have personally taken action, the price of this forest ginseng will inevitably rise further, and Jincun Pharmaceutical's contract fulfillment costs will also increase further. We can ask for more liquidated damages." Chen Hongzhi added.

"Well, but try to deal with it as quickly as possible. The longer this matter is delayed, the more trouble it will cause." An Wuyang reminded.

Chen Hongzhi seconded the response, "I have also discovered this problem. Our plan to hype up forest ginseng was perfect, but in actual operation, various accidents occurred frequently."

This is what it means to change plans!
No matter how perfect the plan is, the real world is full of changes. The slightest change may change the plan beyond recognition.

The two chatted for a while before ending the call.

An Wuyang put away his phone and walked towards the multi-purpose hall, where Xia Yuqing was still practicing dancing.

An Wuyang sat down and watched her dance. After about a quarter of an hour, Xia Yuqing stopped dancing. She took the initiative to ask, "Are you done?"

"We're done with our work for now. Do you want to go out and play?" An Wuyang asked.

Xia Yuqing denied, "I don't want to!"

"Okay, let's take some time to rest and then choose a suitable weather to climb the Great Wall." An Wuyang suggested.

Xia Yuqing said hesitantly, "How about we go climb the Great Wall at night?"

"I asked Manager Yang, and she said that in the summer, everyone prefers to climb the Great Wall at night, and the Great Wall looks better at night with the creation of ambient lighting," Xia Yuqing suggested.

The imperial capital is also very hot during the day. If you climb the Great Wall during the day, you will be asking for trouble!
An Wuyang agreed and said, "That's no problem."

"We'll go quietly this time, so you don't have to make it too grand," Xia Yuqing added.

An Wuyang smiled and replied, "Okay!"

"Also, Saturday is Chinese Valentine's Day. We can celebrate it in the imperial capital. What do you think?" An Wuyang suggested.

"I'll listen to you." Xia Yuqing responded.

In fact, Lin Xin sent a message to Xia Yuqing last night asking her when she would be back, but Xia Yuqing directly said that she had not had enough fun yet.

As for what Lin Xin said about paying attention to safety, Xia Yuqing forgot it right after she finished reading it!

What safety does she need to pay attention to?
She has prepared to stop the elves herself, okay?

"Brother Wuyang, let me tell you a secret. I have prepared a special Chinese Valentine's Day gift for you!" Xia Yuqing leaned close to An Wuyang's ear and said.

An Wuyang immediately pulled her to sit on his lap.

At this moment, Xia Yuqing had just finished dancing and was sweating profusely.

Xia Yuqing said embarrassedly, "What are you doing? I'm sweating all over!"

An Wuyang smiled and replied, "I don't dislike you!"

"Hmph!" Xia Yuqing snorted softly, but her eyes were full of love.

"So what Chinese Valentine's Day gift have you prepared for me?" An Wuyang asked.

(End of this chapter)