Chapter 120 I'd rather lose it
“Song Zhiyuan is looking for someone to take over Tianshui Duck Industry. I knew you wanted to, so I recommended you to him.”

Yan Li sent a message to Lin Lang in the afternoon.

Meanwhile, Lin Lang, back in his hometown, was somewhat bewildered upon seeing the news.

He certainly wanted Tianshui duck industry.

It's not that he has the ability to manage a large corporation well, but he is confident that he can prevent Tianshui Duck Industry from going bankrupt.

Even if we don't make money, at least we can stay afloat.

Once he has mastered the Tianshui duck industry, it will undoubtedly be equivalent to him establishing a firm foothold in the county. He can then use other things to make money, and after making money, he can master more projects.

He just never imagined he would come into contact with them in this way.

Essentially, it was Yan Li who dealt him a devastating blow.

Since Yan Li has spoken, it means that no one wants Tianshui ducks.

The truth is, even if nobody wants something, even if he has already told Song Zhiyuan his thoughts, Song Zhiyuan will not come to him; he would rather throw it away.

"Thanks."

Although Song Zhiyuan hasn't contacted him yet, it's still a favor that Yan Lin is willing to help.

"Um... Let me be blunt with you, I want to see you lose money, then you'll probably sell that team to me."

"If we really lose money, we'll definitely sell."

"Then I'll be waiting. Don't worry, I definitely won't let you suffer any losses."

"okay."

After a brief chat, Lin Lang went about his business.

He watched the market for a while today and saw that Tianshui Duck Industry's stock price was driven up by other funds entering the market, repeatedly fluctuating around the limit-up price, with trading volume breaking through the record high of 140 million yuan.

He followed the trend and bought more than six million yuan worth of chips. After five trading days of building his position, he had invested all of his less than twenty million yuan.

Around 4 PM, Lin Lang returned to the company after finishing his work at his hometown.

I only saw He Qiang's car at the company entrance.

After seeing Lin Lang, He Qiang didn't say much and followed Lin Lang into the office.

Once in the office, He Qiang said, "Brother, Tianshui Duck Industry has been hit hard. I don't know where the funds came from."

Lin Lang said, "President He, there's no need to worry too much. It's just a short-term market trend."

"It's because we haven't been able to gather many chips. I've only managed to get 100 million chips recently..."

Lin Lang: "??????"

One hundred million isn't enough?

It's already close to 10%, and it's only been eight trading days in total.

He Qiang was even more formidable than he had imagined. If it weren't for the sudden change in the market today, He Qiang would probably have secretly acquired another 100 million yuan worth of chips before he would be satisfied.

In that case, if he takes just a little more from the front, he can reach 30%.

Lin Lang had always known that local small capital firms had a lot of wild ways of operating, but this was just too wild.

"Mr. He, that's enough... Don't touch your nominee holdings if you can avoid it, they're easy to be targeted. Taking Tianshui Duck Industry isn't something that can be done overnight, take it slow... The power in the financial market is just the foundation, not the absolute factor. No matter what, we can't abandon our original business."

"Yes, yes, you're right, little brother. The main purpose of my visit this time is to discuss cooperation with you. After filming videos for several days as you requested, our account has received a lot of private messages, all saying they want to buy things from us, especially those used luxury cars..."

Lin Lang asked, "President He, how did you sell them before?"

"We do wholesale, usually selling to professional used car dealers, making a profit of five or ten percent. The turnover of a car is generally no more than three months. Especially the cheap cars, they sell the fastest. Even if there are thousands of them, those used car dealers can take them all. It's just that these luxury cars don't sell as well in volume. Those dealers don't dare to hold onto their stock. They can only leave them with me, and only those who need them will come to us to pick them up."

"The profit margin on used luxury cars must be quite high, right?"

“Well… normally the profit margin is also very limited, after all, the turnover time is long. If there were no turnover costs, you could sell the goods as soon as you get them and the profit could be as high as 30 percent.”

He Qiang's inventory mainly consists of luxury cars, because cars and houses are the most common forms of collateral. Most people will redeem their houses, but cars are a different story.

Eventually, after the allotted time has passed, car owners will choose to buy out the vehicle.

A five-year-old BMW 530 top-of-the-line model costs around 48 yuan new, but as long as the car is in good condition, it can even sell for around 30 yuan as a used car.

In reality, when others sell the car, they can only get around 22 yuan.

The same applies to used car dealers. They get cars from He Qiang for a maximum price of 250,000 yuan, then resell them for 40,000 to 50,000 yuan more.

After thinking for a while, Lin Lang said, "President He, selling is fine, but we can't just sell it casually. We need to establish a comprehensive after-sales system."

"After-sales service? They can just contact the 4S store directly."

“Since they’re buying used cars, they definitely won’t be willing to pay for maintenance themselves. We can build our own after-sales platform to retain customers. Initially, we might have higher costs due to fewer sales and fewer customers. But… one-off sales don’t make money. Once we’ve built a sufficient customer base, we can gradually tap into the potential profits…”

Lin Lang's goal was to leverage his collaboration with He Qiang to build an automotive service and after-sales supply chain.

After all, the domestic automobile market will still have several years of growth potential. Once this infrastructure is in place, it will be able to directly enter the new energy vehicle market in a couple of years.

Of course, it's definitely not about selling used cars, since the used car market only has two or three years of glory left.

If you're going to do it, become a brand service provider. If you choose the right path, it can be very profitable.

For example, making products like Yadea or HarmonyOS is basically a sure-fire way to make money.

In his previous life, Lin Lang had a senior classmate who, during the stock market downturn in 2022 and 2023, partnered with someone to invest a total of 50 million in HarmonyOS. However, just one year later, someone offered 200 million to take over his business.

These are all projects he really likes, and they almost perfectly fit the concept of 'guaranteed profit'.

If it weren't for these reasons, Lin Lang wouldn't have only asked for a 3% commission. He could easily earn more by working on other topics.

He Qiang thought for a moment and then asked, "Brother, tell me in detail?"

"Mr. He, it's really about building a moat. Just like Tianshui Duck Industry now, the reason they're in their current predicament is that they've abandoned their core business and are pursuing short-term financial data. Big Fish Media is the same. If we only do traffic marketing and don't extend our reach, then in a few years, when market competition gets a little stronger, we'll be out of business."

I know that President He must also know these things, but he feels that doing this is not only unlikely to succeed, but will also waste a lot of money..."

He Qiang: "..."

Did he think that way?

No!

He had absolutely no concept of a moat.

Because most people in this world don't do business with things like moats.

"Brother, what is our moat?"

"Professional staff and reliable users. Let me give you an example, Mr. He. Zhongsheng Group, a domestic car service provider, has a gross profit of over 10 billion yuan and a net profit of 3 to 4 billion yuan a year. They built their business on these factors. To put it in an extreme case, even if those luxury cars become less popular in a few years and they can't sell them, they can quickly transform their business based on their own strengths... because they have a large number of customers and a sufficiently professional team in this industry."

He Qiang: "..."

Of course he knew about Zhong Sheng; there was a Zhong Sheng Zhi Xing branch in the city, and he was a long-time customer, having dealt with them quite a bit.

However, he owns a pawnshop...

This sudden transformation, immediately benchmarking against such companies, must have left him somewhat bewildered. He certainly doesn't possess a particularly far-sighted vision; if he did, given his current resources and experience, he wouldn't have ended up in this situation.

However, he harbored a desire to find a powerful patron.

After struggling for several years, he came to understand himself.

After a month of getting to know Lin Lang, he realized that Lin Lang was special.

This young man is very principled.

He feels embarrassed about some violations and takes every partner seriously.

Even if he said he would pay for the car casually, it was still much better than what others did.

Lin Lang continued, "If President He finds it difficult, it's fine to leave it as it is."

Lin Lang wasn't saying he absolutely had to rely on He Qiang; he was also looking for a team. However, working with He Qiang would make things much easier.

He doesn't have any specific business plan. If he does have one, it's only one goal: to make money, to make money steadily.

He'll give any industry that allows him to build a competitive advantage a chance to succeed, as long as he can do it.

Even if he doesn't know how to make money ten years from now, having these things in his hands will be his biggest bargaining chip.

"No, no, no, it's no trouble at all. I'm more than happy that you're willing to point me in the right direction. Let's do it your way. I'll start in the city and then expand to the nearby counties..."

"Ahem, let's extend our reach directly to the provincial level, where there are many wealthy people..."

"understand……"

He Qiang has always been confused. His previous statement about taking over Tianshui Duck Industry was more of an inner desire than anything else.

He never even considered what to do after taking over Tianshui Duck Industry, how to revitalize or maintain such a company.

But Lin Lang had a complete and clear plan for this matter.

The same thing is happening now...

"Mr. He, how about we have dinner together tonight?"

Since He Qiang is here, Lin Lang will definitely treat him to a meal.

He Qiang said somewhat embarrassedly, "Brother, I have some other things to do tonight. Leader Song from the county wants to talk to me, but I don't know what we're going to talk about yet."

Lin Lang: "..."

What else can we talk about? Let's talk about the duck industry.

Song Zhiyuan has already found He Qiang, which shows that he has indeed made up his mind and it was not a momentary impulse.

"Then Mr. He, you can go ahead first. If you're still in the county tomorrow, we can have dinner then."

If He Qiang were to take the initiative, with Song Zhiyuan's help, the pressure would be much less.

Of course, it will also diminish one's own presence.

If things go well, then Song Zhiyuan will be the MVP, and I will be nothing.

He didn't want to influence He Qiang's decision, so he didn't mention it.

"Okay, I'll treat you tomorrow, bro."

……

He Qiang left not long after, and half an hour later, he met with Song Zhiyuan.

He was completely baffled by the whole thing. It was the driver he had contacted earlier who suddenly contacted him, saying that Song Zhiyuan wanted to meet him.

His first thought was, "Did the driver suddenly increase the speed?"

Was my gift last time worthwhile?
However, it's not convenient to ask too many questions over the phone. I can only come over and check the situation. If they really benefit me, I'll thank them properly.

After meeting, there were only normal pleasantries, and even after the meal, he still didn't know what Song Zhiyuan wanted to talk about.

It's nothing more than asking about his current company situation and seeking his insights on management...

To make a good impression, he brought up Lin Lang's theory of "moat" (competitive advantage), and even mentioned that his pawnshop was now actively embracing social media to serve more people...

When Song Zhiyuan talked to He Qiang, he was extremely surprised.

He asked the people around him to help him collect a list of some well-known bosses in the city, and He Qiang's name appeared at the top of the list.

Before today, he had never heard of the name He Qiang.

In his view, anyone with outstanding abilities doesn't need to be specifically sought out.

There are quite a few people in the city with assets of over 100 million yuan; you could easily find hundreds.

But the vast majority of his net worth is pure luck.

There are only a handful of people who can truly manage a large corporation.

Ke Heqiang's words made him look at this guy, who had previously been completely unknown, with new respect.

They have a broad vision and a grand perspective.

Managing a large company requires more than just management skills; a broad vision and strategic perspective are essential. Otherwise, without someone at the helm, the entire company will be in a state of confusion.

He felt like he had found a treasure.

After the meal, Song Zhiyuan felt it was about time and asked, "President He, what do you think of Tianshui Duck Industry? What kind of company is it?"

"Well... I'm afraid you don't know, but I'm a shareholder of Tianshui Duck Industry."

"Oh? I wasn't aware of that before..."

He Qiang sighed and said, "The thing I regret most in my life is that I invested in Tianshui Duck Industry. I lost a full 100 million yuan in Tianshui Duck Industry. Qin Dong never intended to run the company properly."

He Qiang wasn't afraid of breaking ties with Qin Dong, and in order to successfully take over Tianshui Duck Industry in the future, he had to smear Qin Dong.

Upon hearing this, Song Zhiyuan smiled and asked, "Then, Mr. He, are you interested in Tianshui Duck Industry?"

"Huh? What?"

"As long as Mr. He is interested, I can fully cooperate. You won't need to spend any money to take charge of Tianshui Duck Industry."

He Qiang: "..."

Is there really such a good thing in the world?
But he thought again and realized that this was not right.

Lin Lang also wants Tianshui Duck Industry, so why doesn't Song Zhiyuan go to Lin Lang?

She was able to make up her mind entirely thanks to Lin Lang's advice, and he was also able to revitalize the Tianshui duck industry.

Otherwise, why would he have been rushing around like this these past few days?
I witnessed Lin Lang's strength last Saturday; before that, he had only tested him with small gestures.

"Leader Song, if I may ask, have you contacted Lin Lang of Dayu Media?"

Song Zhiyuan chuckled and said, "No, President He knows Lin Lang too? But this matter has nothing to do with him..."

(End of this chapter)

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