Chapter 65: A Good-looking Skin
Looking at the stack of newspapers in front of her, Sandy was a little confused, and she didn't even notice that her favorite pipe had fallen to the ground.
He hurriedly grabbed the newspaper and carefully read the contents on it.
"No, it's really nearly three million raised?"
"It only took a day?"
"When did it become so easy to raise money?"
Sandy's face was full of disbelief.
But after looking through the newspapers and finding that every newspaper said so, Sandy knew that it was indeed true.
"Three million ......"
Sandy sat in his chair a little distracted, his Sandy Textile Mill, which had been run for three generations, was not worth three million!
"Is the future really the steam engine...... No! ”
"However, even Steve and Dafeng Company have invested in them, how can this be explained...... Could it be that they have all been deceived? ”
Sandy was a little skeptical about life.
The data that Puran spoke about at the meeting has not been released for the time being.
Because before entering the venue, everyone promised in advance not to disclose any news about the venue, after all, this is a trade secret.
However, Sandy is Sandy, and his own ability to make Sandy Textile Factory to its current scale should not be underestimated.
After he calmed down, he quickly figured out the key issues.
No matter how much the Jumian textile factory is worth, no matter how many bigwigs invest in them, there are two conditions for them to monopolize the textile industry in Qiongbi City, that is, quality and price.
As long as one of these two conditions is met, with their current scale, there is a possibility of monopoly.
Sandy still knows a lot about the textile industry in Qiongbi City, and knows that it is basically impossible for Jumian Textile Factory to surpass all textile enterprises in terms of quality.
One is a process problem, and the other is a material problem.
Needless to say, whether it is machine weaving or manual weaving, in fact, the production method is almost the same, and it is not said who is better than who weaves the cloth.
Not to mention the materials, the raw materials here are generally flax-based hemp plants.
Cotton, a high-end product, is not suitable for planting in the local environment, all rely on imports, the annual production capacity is limited, and the textile mills in all parts of the country are divided, there is not much left, and money may not be able to buy it.
This is also the reason why cotton cloth is much more expensive than linen cloth, and it is very unlikely that you want to monopolize the market by improving quality.
So it's probably certain that they're going to fight a price war with themselves.
The price war is not necessarily to reduce costs, but also to take money to subsidize! Jumian Textile Factory is most likely the latter.
But...... What is the reason why he Sandy Textile Factory has been able to operate in Qiongbi City for so long and achieve the first position?
It depends on low cost and high profit!
Because his factory insisted on not using a steam engine, but only the cheapest manpower, they were definitely the least expensive, although they may not be the most efficient.
The cost of manpower is lower than that of the steam engine. This is the consensus at present.
And efficiency can be compensated for by the number of people, and he has been preparing to expand the factory recently, just to improve efficiency.
Sandy didn't think there was a way to reduce costs. In his concept, the cost of textile has been squeezed to the limit by him, and there is no room for exploration.
He thinks that the giant cotton textile factory can raise so much money, and there are many celebrities to join, most likely because they want to take out the money to subsidize! Or they lie to these laymen that there is a way to reduce costs.
Whatever the truth may be, Sandy can now be sure that there is only one way to win this war, and that is to start with the selling price.
But when it comes to the price, Sandy has a confident smile on her face.
His Sandy Mill is the most profitable company in the textile industry in Qiongbi City, and the price of the cloth they sell is the market price, and the profit margin is as high as 30 percent!
The profit margin of other textile companies is about 10 to 20 percent, and some small workshops and the like have a profit margin of less than 10 percent.
Therefore, as long as he is ruthless, sacrifices his profits a little, and lowers the selling price, there is a high probability that he can withstand the other party's offensive.
The opponent's volume of three million is here, and Sandy doesn't dare to say that he can turn defeat into victory, but he feels that as long as he can block it, it will be a victory.
It's a big deal to divide the market with them, and besides, he will endure it for a while, and then find a chance to take revenge later.
After deciding on the combat policy, Sandy was a little entangled in how much price reduction should be appropriate.
It's too much, he can't bear it, it's all money!
If it is reduced, it may have no effect.
Sandy scolded with some irritation:
"It's all to blame for this tulip candy industry and that Roy, what kind of textile factory to invest in, I'm going to lose a lot!"
He didn't know now that it was Roy who proposed and facilitated the financing of three million.
……
"Mr. Roy, what do you think?"
In the office of the Giant Cotton Textile Company, Puran, as the chairman, reported to Roy the next plan of action.
Others may not understand why he respects Roy so much.
But only he knows that most of his plans were given by Roy, who has seen Roy build a company with a market value of three million.
So for the follow-up major plan, he will definitely give Roy a look in advance.
Roy was not polite, after all, it was not a trivial matter to make money.
After reading it, Roy nodded.
"It's not a big problem, some small problems have been taken into account, which is very good."
"Good!"
After Puran received Roy's affirmation, he immediately convened a board meeting.
After all, it is a joint-stock company, and the implementation of important decisions requires the approval of more than half of the members of the association.
Henry didn't come to this meeting because there was something going on in the bank. And Roy, who rarely appears, came forward on behalf of the tulip sugar industry this time.
Although he was very low-key and didn't speak, it was impossible to keep a low profile with his good-looking skin.
Except for when Puran announced his next step, most of the time, everyone was secretly looking at Roy.
After all, this man is not only good-looking, but also has a mysterious background and strong strength.
There is the cash cow of the tulip candy industry, and it is said that he can easily earn more than 100,000 yuan a month, which is an achievement that many people can't achieve in a lifetime!
Although I have recently heard that the tulip industry is in trouble, it still does not affect the status of the tulip industry and Roy in their hearts.
Even the eyes of Steve, the head of Dafeng Company and Countess Charlie frequently looked at Roy......
The meeting ended by unanimous vote.
As soon as Roy got up, several people walked in front of him, and it was the major shareholders.
The other small shareholders were also ready to come over, but when they saw that they were preempted by the major shareholders, they could only stop, but their eyes still looked here from time to time.