"Uncle Deng, please say something!" Helpless, Chuanbao could only look to Uncle Deng, the pillar of the Wo Shing Wo, hoping that he could support him.
Based on Chuanbao's understanding of Uncle Deng, Uncle Deng will definitely not let this provocation and humiliation by Lei Hao go unpunished.
Moreover, this kind of old coin kills without drawing blood; if you offend it, you won't even know how you died.
Uncle Deng gave Chuan Bao a deep look. "Don't mess with Lei Hao and Big D. The people behind them are not simple. If we're not careful, they could bring a devastating blow to us and Lian Sheng."
"Hiss~" The uncles of Wo Luen Shing present were all shocked by Uncle Deng's words and gasped.
Chuanbao stared wide-eyed at Uncle Deng, speechless for a long time.
"Uncle Deng, what exactly is going on?" After a long silence, Longgen broke the silence first and asked the question that was on everyone's mind.
A hint of hesitation flashed across Uncle Deng's face. "Chief Superintendent Lee Shu-tong of the Organized Crime and Triad Bureau is really their uncle! Otherwise, why do you think this explosion was classified as a gas explosion?"
"What?!" Upon hearing this news, the Lian Sheng uncles all shuddered in fright.
"Uncle Deng, is this true?" Chuanbao asked again, unwilling to give up.
Although Lei Hao had mentioned it to the Lian Sheng headquarters before, they only took it as Lei Hao bluffing them.
Now that Uncle Deng has said so, it must be true.
As the saying goes, "a person's name is like a tree's shadow," and Li Shutang was extremely influential in both the legitimate and underworld circles of Hong Kong.
All the bigwigs in the underworld had to give him face, and he was a guest at the tables of countless wealthy people. He was someone they simply couldn't afford to offend.
In particular, with Lee Shu-tong in charge of the Organized Crime and Triad Bureau (OCTB), a single word from him could shut down all of their establishments, including those of the Luen Shing Foundation.
Without income, the people below will not be able to survive, and it won't be long before they overthrow these old bones.
"Uncle Deng, what should I do now?" Longgen broke the silence once again.
Jimmy, who followed Lei Hao, was originally the younger brother of his protégé Guan Zisen, and also his most promising junior.
If he could, he wouldn't want to go to war with Jimmy.
Uncle Deng waved his hand, "Big D is still one of us and the Lian Sheng. As long as we don't sell laundry detergent on his turf, everything will remain the same."
The uncles of Wo Luen Shing breathed a sigh of relief; this was perhaps the best outcome.
Even after the explosion, no one said anything more.
...
8 PM, Qingshan Highway Holiday Home.
"Ah Hao, is there something you need to do by calling us here?" Huang Shitong, who had been invited, asked first after sitting down.
Besides the Lei brothers, Lei Hao and Da D, who were the hosts, there were also shareholders of Lei's Holdings, including Li Shutang, Cai Yuanqi, Huang Shitong, and Lei Meng.
Furthermore, another shareholder of Lei's Holdings is currently in Japan and was unable to attend the gathering.
"Uncle Tong, you can take a look at my development plan first." Lei Hao didn't rush to explain, but handed a plan to Huang Shitong.
Huang Shitong, from "Overheard 1", is one of the founders of the Landlords Association and Li Shutang's cousin. He was impressed by Lei Hao and decided to invest in Lei's Holdings.
What Lei Hao handed him was Xuewang Tea's future development plan.
Previously, Snow King was able to quickly capture the market in Hong Kong Island by focusing on low-priced, high-volume products and penetrating lower-tier markets.
With extremely low beverage prices, they quickly opened up the market on Hong Kong Island, and their more than 20 stores were able to earn HK$250 million per month.
Although he earned a considerable amount, in the eyes of Huang Shitong, the founder of the Landlord Association, it was just a drop in the ocean.
What he was interested in was Lei Hao's subsequent franchise store plan.
With enough franchisees, their Snow King beverages can gain immense brand value and make a fortune once launched.
However, expanding Snow King's business is not an easy task.
Leihao is now offering a plan to reduce supply chain costs and provide benefits to franchisees.
We are self-sufficient in raw materials and have established a complete supply chain, which reduces franchise fees and benefits franchisees.
The franchise fee for joining Snow King Beverages is only HK$10000.
An additional contract performance bond of HKD 20000 is required.
The annual brand management fee is HKD 5000, and the consulting service fee is HKD 3000.
The equipment and materials were also purchased from Snow King Beverages' headquarters. The equipment cost approximately HK$80000-100000, and the initial cost of the raw materials was approximately HK$60000.
These equipment and raw materials are assets of Xuewang Company, which can generate a profit of over 50%.
Even if they lower the franchise fee, they can still make a profit from the equipment and raw materials.
After reading Lei Hao's plan, Huang Shitong breathed a long sigh of relief, his eyes filled with shock.
"Ah Hao, I have a very positive view of your plan!"
With this plan, Snow King Beverages is sure to succeed.
He can also make a considerable profit from his 10% stake.
Xuewang Beverages is a wholly-owned subsidiary of Leishi Industry.
Lei's Holdings controls 70% of Lei's Industrial's shares, while Lei Hao holds the remaining 30%, which he intends to use to reward his subordinates.
As for the real core of Lei's Holdings, Huang Shitong, Li Shutang, and Da D each hold 10% of the shares of Lei's Holdings.
Cai Yuanqi, Lei Meng, and Zhou Chaoxian, who is far away in Japan, each own 5% of the Lei Group.
However, the shares held by Li Shutang, Cai Yuanqi, and Lei Meng are all registered under their wives' names.
The remaining 55% of the shares are also held by Lei Hao.
"Ah Hao, why did you set the price of Snow King's drinks so low?"
"Aren't you worried that doing this will lower your brand value and make you look down on by those rich people?"
After reviewing the proposal, Raymond asked with a puzzled look on his face.
Raymond is the grandson of Raymond's great-grandfather. He is two years older than 32-year-old Big D and has just been promoted to superintendent of the Hong Kong Police Force, serving as the Commissioner of the Central Police Station.
The reason Lei Hao recruited him was not only because he became a police superintendent in his early thirties, but also because his brother-in-law Zeng Xiangrong was also a senior police superintendent, and would take over as the new chief superintendent after Cai Yuanqi stepped down.
Furthermore, Raymond's father-in-law is Tsang Pak-han, the former Deputy Chief Secretary for Administration, a prominent figure in Hong Kong's political circles with countless protégés and former subordinates.
Even now, the still-developing Lei's Holdings has gathered connections in triads, the police, politics, and business. How could Lei Hao possibly fail?
Chapter 9 order, have you killed him? (Order updated)
Regarding Raymond's earlier question about why they only make low-priced drinks...
Lei Hao explained with a smile, "I have never intended to position Snow King as a high-end brand!"
He even named his company Snow King, which is clearly a way of copying others' homework.
High-end brands may seem glamorous, but the human, material, and time costs required to succeed are staggering.
Moreover, while the wealthy are rich, the competition to earn their money is fierce.
On the contrary, the majority of people in this world are poor.
Snow King drinks are affordable and reasonably priced.
By adhering to the product logic of "low price but not low quality" and positioning itself as a "social consumption destination for all," it has successfully established itself as "the first milk tea for young people" and "a happy haven for young people in small towns."
The core essence of its brand is "to create high-frequency essential needs with extreme cost performance and to bind the minds of young people with emotional IP".
It has built a solid user stickiness in the vast lower-tier market.
After Lei Hao finished explaining, everyone seemed to be deep in thought.
Huang Shih-tung smiled approvingly and said, "That's what I value most about Ah-hao—he has extraordinary foresight that far surpasses that of ordinary people!"
“High-end brands are good, but they require too much time, manpower, and resources, which is not a good thing for Xuewang Beverages.”
"Now we should take advantage of the market gap and the absence of other brands competing with us to seize the market and create products that the general public relies on."
“According to Ah-hao’s plan, we can earn an additional HK$18 for each new franchisee, and we will not lose much in terms of annual renewal fees and raw material supply fees.”
"If managed well, even a thousand stores are not impossible, and what amazing profits are involved?"
With Huang Shitong's explanation, Raymond, Cai Yuanqi, and Li Shutang all understood the ins and outs.
Lei Hao laughed and said, "I have some good news to share with everyone. My cousin Zhou Chaoxian is currently in Japan discussing the expansion of Xuewang Beverage with the Yamada Group. He also happened to secure an order from Meilijian Trading Company."
"Initial order: 1 suits, 3 shirts, 5 pairs of casual trousers, 8 pairs of jeans, and 15 T-shirts."
“报价西装70美金1套,男士衬衫5美金1件,男士休闲裤15美金1条,牛仔裤10美金1条,T恤2美金1件,总计270万美金。”
"They also said that if this batch of orders goes well, they will continue to increase the order volume in the future!"
Huang Shitong frowned. "Ah Hao, if we produce in Hong Kong, we won't make much money from this order at all."
“That’s right, but if we order production from the mainland, a suit will cost $12, a men’s shirt $1, men’s casual pants $1.50, jeans $1, and a T-shirt $0.05.” Lei Hao smiled slightly, as if he had everything under control. “This order can net a profit of $232 million!”
“That’s not bad.” Huang Shitong’s brows gradually relaxed as he said, “But if there are more orders later, it’s not a long-term solution to keep outsourcing production.”
Lei Hao understood perfectly well that he was being controlled by others. "Don't worry, Uncle Tong, I will send Jimmy to the mainland to build a raw material factory and a garment factory for Snow King Beverages."
Upon hearing this, Huang Shitong said nothing more.
If orders can be increased, the garment factory could earn hundreds of millions of Hong Kong dollars a year in the future.
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