Feng Jun was momentarily taken aback; he truly hadnât considered the factor of personal relationships.
The words spoken by Zhang Caixin sounded somewhat unreasonable: Was having sufficient goods really a reason to justify arrears?
But upon closer thought, this twisted logic astonishingly held up. The jade industry was hugely profitable, and the most difficult part was securing the mines. Once you have the resources, mining didnât cost much at all.
Therefore, there wasnât really an issue of tying up a lot of capital.
The high price of jade didnât lie in the raw stones; it was the various stages of the distribution process that consumed massive profits.
Knowing that Feng Jun had an ample supply of jade and not tapping into the channels, of course, people would assume his profits were startling. Under such circumstances, wasnât it normal for them to ask for credit?
So although Feng Jun felt that this reasoning was somewhat bizarre, he couldnât immediately say that she was wrong.
After pondering it for a bit, he finally spoke firmly, âI had thought that this was an exclusive deal and should be easy to manage. I really didnât expect to have caused you such great confusion, and for that, I am truly sorry.â
Zhang Caixin shook her head and responded with the same seriousness, âNo, my sister meant to say that this deal is already quite good, much easier than she had imagined. Itâs just that thereâs no way it could be completely effortless⦠Is making money ever easy?â
âThen I have a suggestion,â Feng Jun spoke again, âJust treat it like how you sell jade to me: cash on delivery, and those who donât agree can get lost⦠With the goods in our hands, are we afraid theyâll rob us?â
âDo you think I havenât made that suggestion to my sister?â Zhang Caixin looked at him irritably, âEveryone wants to do business smoothly, butâ¦â
âMy sister says she doesnât get where your confidence comes from. She only knows that she doesnât have the same level of confidence⦠Do you have endless supplies of jade? Or are you confident youâll always have control over that mine?â
Feng Jun was at a loss for words; indeed, Sister Hong wasnât like him, who had an entire plane of jade as a backup, which allowed him to be so reckless.
Her considerations were truly about being precise and meticulous, the real attitude needed for doing business.
He fell silent, but Zhang Caixin hadnât finished speaking. âRecently, you were thinking about selling jade in the capital city, right?â
Feng Jun vaguely felt that he had done something wrong and could only give a dry laugh.
Zhang Caixin paid no attention to his embarrassment, âEveryone says youâre about to open a second jade sales point, but thereâs strong resistance in the capital city, so⦠theyâre also pressuring my sister to lower her prices.â
As Feng Jun listened to her complain again and again, he grew a bit annoyed, âHow about this: as a gesture, I will refuse to sell to those who attempt to push down prices or change payment methods⦠and if it irritates me, I might just quit the jade business altogether.â
âLet me finish,â Zhang Caixin interjected without any courtesy, âMy sister doesnât have the same boldness as you, but when it comes to those taking advantage of the situation, she wonât indulge them either. So, for a while, very little jade was sold, but she still had to maintain the funds on the booksâ¦â
Only then did Feng Jun understand the full picture. Sister Hongâs previous failure to pay wasnât just because he hadnât proactively asked for the money. There was an important reason: she wanted to show those jade buyers that she wasnât short of cash!
Was this stance necessary? It really was. The money Sister Hong earned from selling jade might not just sit in the companyâs accounts; it could very well be in her personal accounts. But with the abilities of modern banks, investigating these things was too easy.
A long time ago, the secrets of these major clients were no longer secrets within the financial system.
It was then that Feng Jun finally asked, âHow much jade has your sister sold now?â
âOver three billion,â Zhang Caixin replied nonchalantly, âThis time, my sister said that if youâre in urgent need of money, you can take two billion. The rest, to deter petty thieves, must also leave a billion on the books.â
âThereâs no need, really,â Feng Jun shook his head, âTell her, I said that I wonât be withdrawing money for a long time to come and Iâll send over another large batch of jade. I only have one request⦠Those not sincere in buying can get lost!â
Honestly, Zhang Caixin quite liked his suggestion; being young, she favored such clear-cut dealings. However, she understood very well that her sister took many factors into consideration, âBut what if they resist and we canât make a deal for several months?â
âThen we wonât do it, whatâs the big deal?â Feng Jun snorted dismissively, âYour sister, sometimes she thinks too much. If I were you, I would just take a three-month break and see who gets anxious.â
âI like your suggestion, but itâs not possible,â Zhang Caixin spread her hands in a helpless gesture, âThe New Year is approaching, and itâs peak sales season. How can you ask us to take a three-month break?â
âIf I tell you to take a break, you take a break,â Feng Jun declared decisively, âNo worries, even if the jade business doesnât work out, I have other deals for your sister. Donât act like youâve never seen money before.â
Zhang Caixin was visibly tempted; she tilted her head to think for a moment, then pulled out her mobile phone, âIâll call my sister.â
At this moment, Sister Hong sat in the teahouse sipping tea with someone, a middle-aged man wearing glasses. He was tall with a corpulent body, a slightly balding head, and dressed reasonably well. However, his face was riddled with pockmarks, giving off an uncomfortable vibe.
The man spoke in a thick Beijing accent, âDirector Zhang, for the mere sixty-odd million, our company has sent three groups of people. Weâre extremely sincere, and now that I, as the boss, have come personally, if thereâs no generosity on your part, whereâs my dignity?ân/ô/vel/b//in dot c//om
âYouâre a director, but so am I,â Sister Hong said with a smile. âWe had already reached an agreement, but your company insisted on changing terms at the last minute, putting me in a difficult spot.â
âWe thought you were interested in expanding into the capital,â the middle-aged man said straightforwardly, not one to tiptoe around a matter of only a few tens of millions, âthinking it would be more convenient to buy locally.â
âHehe,â Sister Hong chuckled dryly, âPeople in the capital are not welcoming us, so we decided not to go.â
âNo problem, if you wonât come to Zhengyang, we can come to you,â the man said with a smile. âWeâve taken the risk of offending people to come all this way, Director Zhang, you mustnât let us down.â
âI, Zhang Weihong, have never let a friend down,â Sister Hong stated grandly.
However, her expression hardened the next moment, âBut youâve gone back on your word before. Itâs cash on delivery; thatâs non-negotiable, and we canât go by your pricing⦠Fairness is mutual; you canât expect others to act honorably if you donât do the same.â
The middle-aged man didnât like this line of talk. His special trip to Zhengyang was supposed to establish good relations with Zhang Weihong and purchase jade at a lower price, but as the saying goes, itâs a buyerâs market now, and those with money call the shots.
Sister Hongâs jade was of high quality and low price, but there were other sellers, no need to sell oneself short.
Since itâs business, why not stick to business and avoid needless verbal lashings?
Thus, he expressed his displeasure, âDirector Zhang, with that kind of talk, youâre being unreasonable. Your price is a bit lower, butâ¦â
âItâs not just the price thatâs low,â Zhang Weihong interjected proudly, âMy goods are top-quality.â
âThereâs no need to discuss whether the goods are good,â the middle-aged man said bluntly. âWeâll buy according to the grade of your goods. I havenât downgraded the quality. Is there any point in saying this?â
In his view, the quality of Sister Hongâs goods wasnât the pressing issue, since he was pricing according to the respective grade.
âOf course, thereâs a point,â Sister Hong responded with a smile, âTo find someone else in the whole of Huaxia who can offer as much high-grade jade as I can⦠you wonât find a second one.â
âAlright,â the middle-aged man didnât want to argue further, âMy point is, your goods do have their unique aspects, but there are also some other risks. Taking on your goods entails an additional safety cost⦠Iâm based in the capital after all.â
He was, of course, referring to the pressure coming from Young Master Douâs side.
âHehe,â Sister Hong laughed dismissively, so dismissive she didnât even bother to respond. That excuse had been chewed over by everyone â harped on repeatedly until others were nauseated, let alone her.
To put it plainly, it was this: if there werenât these risks, it wouldnât be your turn to pick up a bargain.
The middle-aged man knew what her laughter meant and steeled himself, âFine, I wonât haggle over the price anymore. The payment will be spread over four installments, following a âthree-three-three-oneâ schedule, if that works we can sign the contract today.â
âIâm sorry,â Zhang Weihong smiled lightly, âCash on delivery, full payment upon receipt of the goods. We do not accept installment payments nor do we deliver.â
âDirector Zhang, your words really show a lack of sincerity,â the middle-aged manâs face darkened, âAs far as I know, some of the contracts you signed recently included installment payments.â
Sister Hong certainly knew he was right, but she didnât have much regard for the man before her: You act in bad faith first, yet still expect the same terms as others have⦠How could that be possible?
So, with a feigned smile, she said, âThatâs rather tough. We always have tight cash flow on our books. Maybe in the future, when itâs a little less tight, we might consider installment payments⦠but thatâs just a maybe.â
Upon hearing this, the middle-aged man almost spat out a mouthful of blood in frustration: Stop kidding, youâve got hundreds of millions lying in your accounts, and youâre telling me youâre short on money?
Zhang Weihong kept a significant amount of cash on hand to show outsiders she was financially sound. If sheâs still telling people she was short on money under these circumstances, then clearly, money wasnât the actual issue.
Indeed, what she was doing equated to pointing at the manâs nose and telling him: So what if you know I have money? I wonât accommodate you anyway!
The middle-aged man was so frustrated he couldnât even speak; he gave the table a light tap, âDirector Zhang, if thatâs your stance, then our cooperation will have to be put on hold.â