Chapter 684 Monopoly and Anti-Monopoly

"Brother Wang, I plan to transfer the shares of these three gem mines in Nanyun to Tang Yun Jewelry after the Spring Festival, so that Tang Yun Jewelry can form a real industrial chain, integrating gem mining, gem design, processing and sales, so that the scale and strength of Tang Yun Jewelry will reach a higher level, so as to steadily become a leader in the domestic and even Southeast Asian jewelry industry. What do you think? ”

The reason why Tang Feng has this plan is because the competition in the domestic and Southeast Asian jewelry industry is very cruel, although Tang Yun jewelry has the support of its own huge amount of funds, but it takes a lot of time to stand out in this cruel competition. And if Tang Yun Jewelry can get 49% of the shares of the three gem mines in his hands, then the overall strength of Tang Yun Jewelry will immediately rise to a whole level.

You must know that although Tang Yun Jewelry is now well-known in China, there is still a certain gap between it and those old jewelry companies, and if you want to make up for this gap in a short time, you need to make another trick. Allowing Tang Yun Jewelry to have its own gem mine is undoubtedly the most effective and most effective way to attract people's attention and make Tang Yun Jewelry famous.

Another reason is that Tang also wants to integrate some domestic industries. Now Tang's main industries are abroad, and the resources under the name of Tang's Anglo-American Group have just been integrated, and now Tang Feng does not have to waste much energy on foreign assets.

But these three gem mines in China are personal assets under Tang Feng's name, and they have nothing to do with Tang's Anglo-American Group. But Tang Feng didn't have the energy to take care of the domestic industry, so Tang Feng decided to transfer the shares of these three mines to Tang Yun Jewelry.

Anyway, Tang Yun's jewelry was left to his sister and cousins, and although those three gem mines were worth a lot, they were for Tang Feng. It doesn't matter if there are no these three mines, that's why Tang Feng has such a plan.

When Wang Shengli heard Tang Feng's words, his eyes lit up at first, but then as if he had thought of something, his brows immediately wrinkled again.

Seeing Wang Shengli's expression. Tang Feng asked puzzledly, "What?" Wouldn't this work? ”

Wang Shengli nodded slightly and said: "Mr. Tang, it is difficult to say whether the method you said will work or not, mainly depends on the attitude of our country's high-level leaders." ”

"Huh? This kind of purely commercial transaction, does it still depend on the face above? ”

Wang Shengli nodded and said, "I didn't mean that, but the meaning of the Jewelry Association." You know, some of the situations in our country are quite special, and some associations that should be non-governmental forces will be involved in some political forces, so. Those associations and whatever, it's more difficult to do now. ”

Tang Feng pursed his lips and said, "We are a reasonable and legal business practice, what do you have to do with those jewelry associations?" ”

Wang Shengli shook his head and said, "Mr. Tang, some things are not the same at home and abroad. In foreign countries, such transactions may be reasonable and legal, but at home, such transactions may be legal, but they are not necessarily reasonable. ”

There was a pause. Wang Shengli said: "What I am worried about is that this kind of transaction will cause an anti-monopoly investigation by the jewelry association, but fortunately, our company is not listed." If it is listed, it may also cause an investigation by the Securities Regulatory Commission. ”

"No, how can such a simple business transaction still cause an antitrust investigation? That's, isn't it? Besides, the antitrust investigation is not something that the jewelry association can initiate, right? That has to be decided by the Ministry of Commerce or the National Development and Reform Commission. ”

Wang Shengli smiled bitterly: "There is no way to do this, the anti-monopoly investigation of the jewelry industry." In fact, it was initiated by the Jewelry Association. The anti-monopoly investigation case of Hong Kong Island Zhou Fu Jewelry, which caused a lot of trouble in the past two years, do you know? ”

Tang Feng shook his head, he really didn't know about this matter.

Wang Shengli explained: "That was what happened in 2013. At that time, there was an organization similar to the Jewelry Association in Shanghai, which was a non-governmental organization, and its name was the Shanghai Gold Association. The association consists of 226 member units of various ownerships, including 29 vice president units and 50 governing units, covering about 85% of the industry, including Zhoufu Jewelry, Fengxiang Jewelry, and other leading domestic gold jewelry enterprises and Shanghai Gold Exchange, Shanghai Diamond Exchange, Shanghai Futures Exchange and related colleges and universities are members. ”

Articles 5, 7 and 8 of the "Detailed Rules for the Implementation of Self-Discipline on the Price of Gold and Platinum Jewelry in the Gold Jewelry Industry in Shanghai" led by the association stipulate that many gold stores in Shanghai are not allowed to exceed plus or minus 2% or plus or minus 3% of the "median price" agreed by the association when pricing the gold and platinum products sold. ”

"Supposedly, since such rules have been formulated, they should be implemented in accordance with them. Moreover, this so-called middle price should be in line with the international gold price or the domestic gold price. However, the "today's gold price" of gold stores such as Fengxiang Jewelry and Zhou Fu Jewelry is neither the gold price of the day on the Shanghai Gold Exchange, nor the international gold price of the day. This means that Fengxiang jewelry and other gold stores almost do not have to bear the risk of raw material price fluctuations, every gram of gold sold by the company covers its cost, if the benchmark price rises, no matter how much it rises, it is the profit of production, this model, on behalf of him even if he does not do processing, directly sell his raw materials to consumers, can also make money! This profit model is very unfair to consumers, some industry insiders said that selling a piece of gold jewelry, in addition to fighting for 'processing fees' can also earn a profit on raw materials, which is like a consumer buying a home appliance and the manufacturer has to earn additional profits from consumer iron ore or steel. ”

It is precisely for this reason that the detailed rules have long been banned by the National Development and Reform Commission, but in the case of oligopoly and the equal strength of each oligopoly, especially the high penetration of several major jewelry companies in the personnel of the association, since its establishment, the association has been a tool for local gold stores in Shanghai to manipulate the market and monopolize prices. Therefore, a large number of jewelry companies, including Zhou Fu Jewelry, have become the target of anti-monopoly investigations in the past few years. ”

Tang Feng shook his head puzzled and said: "They were to blame at that time, and they must be investigated for using this method of manipulating market prices." But what does this have to do with Tang Yun Jewelry's takeover of the shares of the three major gem mines? Our gold prices are transparent and fully in line with the international gold price, so how can Tang Yun Jewelry's takeover of mine shares constitute a monopoly? ”

Wang Shengli smiled helplessly and said: "Mr. Tang, it's okay for Tang Yun Jewelry to take over the shares, but once it is taken over, then these three gem mines will become part of Tang Yun Jewelry, so that as the actual owner of the only gem-quality jade mine in China, Tang Yun Jewelry has formed a de facto price discourse, which is actually a manifestation of a monopoly!" ”

Wang Shengli's words, Tang Feng was a little speechless (to be continued.) )