Chapter 240: The Storefront (Part II)
From the liberation period to the end of the 70s, the country has undergone several major changes, which have caused panic among the people, and even in the early days of reform and opening up, there are still many people who are holding a wait-and-see attitude.
In addition to the self-employed people who have been released from prison mentioned above, families who owned many industries before liberation and transferred those industries overseas did not dare to enter the domestic market rashly.
It can be said that from the late 80s to the early 90s, it was a blank period in many domestic industries, and the people who entered those industries at that time were all very profitable.
Fang Yazhi is like this, his extraordinary vision and courage made him almost monopolize the domestic jade industry in the early and mid-nineties.
At that time, there was no price regulation in various industries, and jade raw materials were cheap, and the price of selling after processing could often increase by ten times and hundreds, which could be described as a profiteering industry, and also accumulated hundreds of millions of net worth for Fang Yazhi. 、
In this case, in order to establish the signboard of the century-old store, Fang Yazhi spent nearly 10 million yuan to open the flagship store of "Yazhi Zhai" in the newly built Panjiayuan.
Of course, the "Yazhi Zhai" main store in the glaze factory is still preserved, after all, the hundred years of vicissitudes of wind and rain are the plaques cast by the years.
After the opening of the new store, it has confirmed the leading position of "Yazhi Zhai" in the domestic jade industry.
The "Yazhi Zhai" in Panjiayuan is not only a retail business, but also more customers from the south to the north to buy here, and often the fluctuation of the jade market of "Yazhi Zhai" can affect the jade industry across the country.
However, this good situation only lasted for a few years.
In the mid-90s, not only some long-established antique dealers in Beijing were eyeing the jade industry, but even the traditional jewellers on Hong Kong Island were interested in getting a piece of the pie.
The monopoly of jade mines in the territory was soon broken by the combination of powerful merchants. And all kinds of low-end and high-end jade jewelry stores have also sprung up in all corners of the capital.
As a result, in the face of the rising prices of jade raw materials and fierce competition, Fang Yazhi's share of the Jade Kingdom quickly shrank. Facing a huge test in the market.
Although it entered the market early, the position of "Yazhi Zhai" in the domestic jade industry is still very stable, but the impact from Hong Kong and Taiwan jewelers also made Fang Yazhi feel a lot of pressure.
Due to Fang Yazhi's previous stall being too large, the return of funds was relatively slow, and some decisions were wrong, which once caused difficulties in the cash turnover of "Yazhi Zhai".
Fang Yazhi is also a decisive person, and he transferred dozens of domestic branches at the moment, cashing out hundreds of millions of funds in his hands. Several stores in the capital have been stabilized.
However, Fang Yazhi is a person who is not willing to be lonely, from the former leader in the domestic jade industry to the occasional place in the capital, Fang Yazhi is not reconciled, so he began to look for other opportunities.
In 95 years, when Fang Yazhi was on an expedition to Guangdong Province, he came into contact with jadeite jewelry, which is a jade that is beautiful and green is precious. He was fascinated and smelled a huge business opportunity.
So Fang Yazhi personally went to Myanmar, the source of jadeite, to investigate. After conducting many market analyses, Fang Yazhi made a decision and decided to launch high-end jade jewelry in "Yazhi Zhai".
This kind of jade, which was once loved by the Empress Dowager Cixi and Song Meiling, received strong feedback from the market as soon as it was launched, especially the yang green cat's eye ring face, which was sought after by many nouveau riche.
"Yazhi Zhai", which has been silent for several years. Relying on the strength of the jade market, he finally raised his eyebrows again, which made Fang Yazhi excited, and began to take precautions again.
In the jade business, raw materials are a very important link. There is no supply of haode jade rough, even if there is a strong distribution channel, it is difficult for a clever woman to cook without rice.
A few years ago, Fang Yazhi's jade business was sniped, because the raw material market in the territory was jointly broken by many jewelers, which led to the collapse of his monopoly on the market.
After seeing the business opportunities in the future jadeite market, Fang Yazhi no longer wanted to make the previous mistakes, so he thought about hoarding more high-quality jadeite rough, even if someone entered the jadeite market in the future, he would not be as passive as before.
However, jadeite rough is different from ordinary jade, its outer skin is wrapped in a layer of stone skin.
Before wiping off the stone skin, no one knows whether there is jadeite in the rough stone, and the saying that "the gods are difficult to break the jade" should be accurate to describe the jadeite rough.
So from the thirties and forties, jadeite has continued a custom of gambling stones, that is to say, guests come to choose stones, can only rely on the performance of the stone skin to buy.
All the stones are sold by the number of catties, if the original stone bought by the customer cut out of the jadeite, it is called a gamble, if there is no jadeite in it, it is a gamble.
Because the owners of jadeite mines in Myanmar basically gamble on the rough stones they sell in order to avoid risks, businessmen from China and Southeast Asia have also participated in such transactions.
In Myanmar, such transactions are also known as "jadeite public markets", and as jadeite jewelry becomes more and more popular in China and Southeast Asia, the annual trading volume of jadeite public markets is also increasing.
The price of a single piece of jadeite rough has skyrocketed from a few thousand dollars to tens of millions of dollars, attracting jadeite merchants and gamblers from all over Shijie.
According to Fang Yazhi's situation, as a channel dealer, he should buy the jade rough that has been gambled from those who gamble on stones, so that although the price is much higher, he does not need to bear any gambling risks.
However, as mentioned earlier, Fang Yazhi is a very gambling person, and he often relies on his own instincts to make some decisions that others do not seem very reliable, such as the decision to enter the jade market in the 80s.
But anyone who loves gambling can't resist the thrilling psychological impact in the gambling stone, and the same is true for Fang Yazhi, who boasts that he has played jade all his life and knows jade very well, and he has also entered the army of gambling stones.
At first, Fang Yazhi was very restrained, and he gambled on some hundreds of thousands of rough stones, making and losing, and on the whole, he made more money and lost less, which made him have a lot of confidence in his vision.
In addition, since ninety-seven years, there have been more merchants dealing in jadeite in China, which has made Fang Yazhi, who has been run by his peers once, have a sense of crisis in his heart, so his actions in the gambling stone market have become bigger and bigger.
Hundreds of thousands to millions, millions to tens of millions, not only can you see Fang Yazhi's figure in the Myanmar jade public market twice a year, but even some small public markets held in Guangdong Province in China, Fang Yazhi is also a must-visit.
However, feng shui took turns, and when it came to the late nineties, good luck seemed to have left Fang Yazhi.
While pursuing high-quality jadeite rough, Fang Yazhi also invested a huge amount of money, but he was disappointed by the results of stone cutting again and again, nearly 100 million funds, but in exchange for 10 million or 20 million jadeite.
But at this time, Fang Yazhi was completely addicted to the pleasure of "one knife in heaven and one knife in hell" in gambling stones, and he couldn't stop it until his bank account, including the store's working capital, was in an emergency, and Fang Yazhi came to his senses.
Fang Yazhi, who came to his senses, almost didn't faint as soon as he settled the accounts, and in just over two years, he actually spent 180 million in the gambling stone market, resulting in the business of "Yazhi Zhai", which was almost impossible to operate because of financial problems.
Now Fang Yazhi has a warehouse of medium and high-grade jadeite rough, but he has no money to process it, and he owes nearly one million wages to employees.
In this case, Fang Yazhi can only shrink the scale of sales operations.
The three-year rent of Panjiayuan's store plus personnel expenses has become a burden that Fang Yazhi urgently needs to do in order to save costs.
Boss Zhou and Fang Yazhi have known each other for more than 20 years, and they are close friends, so they naturally know the dilemma Fang Yazhi is facing, so after agreeing to Qin Feng yesterday, they inquired about Fang Yazhi's tone.
The result is what Boss Zhou and Qin Feng said, Fang Yazhi intends to change hands, but what the conditions are, Qin Feng needs to talk to the other party himself.
"So that's what happened?"
After listening to Boss Zhou's story, Qin Feng showed a wry smile on his face, the other party's plate was too big, with the only more than one million funds in his hand, he wanted to take down this store, I am afraid that it would be a bit of a snake swallowing an elephant.
You must know that the transfer of the store is not only done by paying the rent, but also the decoration and various facilities that the other party has invested in the store before, and the receiver must bear part of it.
In order to build a flagship store before, "Yazhi Zhai" invested nearly 10 million in that store, even if the depreciation was removed by sixty percent, he Qin Feng still needed to come up with four million in cash, which Qin Feng couldn't afford.
Not only Qin Feng, but Xie Xuan will be silent, he and Qin Feng can take out about 400,000 together, even if you add one million from Xin Nan and others, it is almost impossible to take down this store.
"Brother Qin, the shop "Yazhi Zhai" is very famous in our antique shop in the capital, you don't need to advertise it, I think it's worth spending a little more money."
Boss Zhou didn't know Qin Feng's family background, but he just thought that Old Man Qi's disciple must not be bad for money, so he instigated Qin Feng to take over the store.
After hearing Boss Zhou's words, Qin Feng thought for a while and said, "Boss Zhou, why don't you ...... Let's go to the store and take a look, this matter will not be decided in a while. ”
"Okay, I'll take you to have a look, Brother Qin, you'll be satisfied."
Boss Zhou stood up when he heard this, he had a very good relationship with Fang Yazhi, and he couldn't bear to watch his old friend's shop hold up there, and now "Yazhi Zhai" will lose a day's money every day it opens. (To be continued......)
PS: PS: The second update is sent, there is a third update, is there a monthly pass!