Rebirth of the Strongest Tycoon
Chapter 1283 Chow Tai Fook stabbed 2 knives
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Eternal Jewelry Company is now the second largest jewelry company in Hong Kong after Chow Tai Fook.
Xie Liyuan Gold Shop, the predecessor of Eternal Jewelry Company, still has a long way to go from Chow Tai Fook.
However, after being acquired by Xia Yu and reorganized into Eternal Jewelry Company, Eternal Jewelry Company has developed by leaps and bounds under the huge consortium resources.
Today, in terms of sales, the gap between Eternal Jewelry and Chow Tai Fook is already within 30 million Hong Kong dollars.
Especially after May 1983, He Chaoqiong took office as the president of Eternal Jewelry.
Under the suggestion of Xia Yu, Jiuding Consortium's resources were slightly tilted towards Eternal Jewelry, and the company's employees, under the leadership of the former president Zhou Hexuan, fully cooperated with He Chaoqiong and accelerated the pace of expansion.
In terms of the number of stores, Eternal Jewelry achieved a go-ahead by the end of 1983.
Although the turnover of a single store is still far from that of Chow Tai Fook, according to the development speed shown by Eternal Jewelry Company, Chow Tai Fook's position as the leader of jewelry is precarious.
Many gossip media dubbed He Chaoqiong the "Queen of Jewels".
With the titles of "Queen of Jewelry" and "The King of Gambling", He Chaoqiong is well-known in Hong Kong and Macau.
But now, the noble and glamorous "Queen of Jewelry" in the eyes of outsiders is now like a docile sheep, leaning on Xia Yu's body, completely unable to see the temperament that a glamorous female president should have.
Looking at Xia Yu's concentration on reading the annual report of the Eternal Jewelry Company, He Chaoqiong showed a knowing smile on his face, and his eyes gradually became fascinated.
She hasn't been alone with Xia Yu for a long time...
At this time, Xia Yu also learned the details of the company through the annual development report of the Eternal Jewelry Company, and through the comparison of various data in the report, he also knew the details of the Hong Kong jewelry industry.
There are thousands of large and small gold banks in Xiangjiang, of which there are four in the first echelon, which are called "Four Gold Banks in Heungkong" by the media.
The eldest is Chow Tai Fook, which is owned by Sha Dantong, the head of New World Development. Last year, the annual turnover was 2.45 billion Hong Kong dollars.
The second child is Eternal Jewelry, with a turnover of 2.43 billion Hong Kong dollars last year.
The third is the Chow Sang Sang Group, with a turnover of 2.04 billion Hong Kong dollars last year.
The fourth is Jingfu Jewelry and Gold Co., which is far from the top three. The annual turnover last year was 660 million Hong Kong dollars.
In addition to these four major gold houses, there is also a very bright company in the Hong Kong jewelry industry, that is, Xie Ruilin Jewelry, which has an amazing development momentum. client.
In net profit, the eternal jewelry company last year was 238 million Hong Kong dollars.
...
With a turnover of 2.43 billion Hong Kong dollars and a net profit of 238 million Hong Kong dollars, Eternal Jewelry Company is not listed. If it is listed, it is absolutely eligible to be included as a constituent stock of the Hang Seng Index.
Of course, this result is only last year.
At the beginning of this year, the road to hegemony of Eternal Jewelry Company has cast a shadow.
The revenue of Eternal Jewelry Company is divided into three major parts, namely gems led by diamonds, jade led by emeralds, and precious metals led by gold.
Among them, diamond jewelry accounts for the largest proportion of sales, followed by gold jewelry, and then emerald jewelry, which is mainly promoted.
Jade Jewelry can be said to be a key project after He Chaoqiong entered Eternal Jewelry, with strong advertising efforts and extremely fast revenue growth.
But now there are problems with the supply of raw materials for diamonds and jadeite.
The two problems are not at the same time, but the time interval between the problems is relatively short.
Let's talk about jade and the jade industry in Xiangjiang.
The world's jadeite origins include Myanmar, island countries, Guatemala, the United States, Colombia, Mexico, Kazakhstan and other places.
However, only Burmese jadeite reaches the gem level, and the rest can only be used as handicrafts, which cannot meet the requirements of processing technology.
However, European and American countries have not accepted the baptism of Chinese culture, and they cannot appreciate jadeite.
But in Southeast Asia, where Chinese are dense, the market for jadeite has always existed.
Especially after entering the 1980s, the economic development of Southeast Asia has accelerated, and the demand for jadeite has increased a lot. Especially the rapid economic development of Taiwan Province has made many people in Taiwan buy and collect jadeite in large quantities.
On the mainland side, after 49 years, the jewelry consumer market has gradually disappeared.
In 56 years of public-private partnership, a large number of factories and jewelry stores were merged, and many masters returned to their hometowns. At that time, the domestic jade market in mainland China was basically zero.
However, it has been more than five years since the reform and opening up, and some daring people in the mainland have become rich. The Chinese people's deep love for jade has made many rich people start to play with jade again.
What is the shape of the jade market in mainland China, you can get a glimpse from the sales of Eternal Jewelry's store in Pengcheng.
anyway.
At the beginning, there was a problem with the raw material supply of jadeite, and He Chaoqiong was not alert, and only regarded it as a normal phenomenon.
The reason for this is that the jadeite raw materials of Eternal Jewelry Company are all purchased from Yangon, Myanmar. The upstream suppliers are the Kachin Independence Army in northern Myanmar, because the Pagan controlled by the Kachin Independence Army is the most jadeite in Myanmar. Concentrated mining areas, where 95% of Myanmar's jadeite comes from.
However, the Kachin Independence Army has been suppressed by the Myanmar government.
If the Kachin Independence Army wants to turn emeralds into money to buy arms, they have to secretly transport them to Yangon or Chiang Mai, Thailand through the areas controlled by the Myanmar government for sale.
In this process, life-and-death conflicts frequently broke out.
In 1970, a huge piece of jade was dug up in the area under the control of the Kachin Independence Army. The Burmese government army dispatched a large number of armored vehicles and tanks to snatch it. After three days of fighting, the jade was taken away. The unwilling Kachin Independence Army used a rocket launcher to smash the jade on its way back to Yangon, and nearby soldiers and people flocked to pick it up, and many people became rich as a result.
Precisely because of the enormous uncertainty surrounding the mining and transportation of jadeite, the sale dates of Yangon merchants working with the Kachin Independence Army also fluctuate frequently.
To this end, Eternal Jewelry will prepare as many rough jadeite stones as possible to ensure that it will not be out of stock.
But after a long time, as the jade in the warehouse continued to be consumed, and there was no progress on the Myanmar side, after an investigation, it was learned that the Myanmar government had carried out a large-scale encirclement and suppression of the Kachin Independence Army, and strictly blocked the channels. The Kachin Independence Army is bleeding.
As a result, there is no hope for the jadeite procurement channel of Zhiyong Jewelry Company in a short period of time. It is difficult to say how long it will take to reopen and whether there is a possibility of recovery!
So He Chaoqiong hurriedly asked the company to find other emerald jade dealers to purchase, but these dealers were almost all supported by the Myanmar government, and the previous customers were also very stable, and there was not too much jade share for Eternal Jewelry Company at all.
Of course, there are also human factors, that is, Chow Tai Fook Jewelry, not purchasing jadeite jade from businessmen supported by the Kachin Independence Army, but seeking stability. It has cooperated with businessmen supported by the Myanmar government for many years.
This time, I learned that there was a problem with the jade channel of Eternal Jewelry Company. Taking advantage of the situation, they spent more funds to support and eat the excess jade and jade, and none of them went to Eternal Jewelry Company.
That's all.
Among the diamond raw material buyers, Chow Tai Fook Jewelry also took advantage of the situation to suppress the Eternal Jewelry Company.
Today, more than 80% of the world diamond market is monopolized by the international diamond trading company DTC.
Before the reorganization of DTC, it was the central sales agency of De Beers Group.
In 1973, Chow Tai Fook Jewelry became one of DTC's 125 international authoritative diamond dealers, and the only diamond buyer in Heung Kong.
But later, Chow Sang Sang and Eternal Jewelry also entered the list successively and obtained purchasing qualifications.
DTC's diamond placement model is to hold a dealer purchasing meeting every six weeks.
The latest time, Chow Tai Fook and Chow Sang Sang were both qualified, but the Eternal Jewelry Company did not receive an invitation.
Eternal Jewelry Company asked DTC for the reason, and the feedback was that Eternal Jewelry Company’s sales disrupted the diamond market price and violated relevant regulations, so the cooperation qualification was temporarily cancelled.
However, after the bidding meeting ended, I inquired in detail and learned that Chow Tai Fook's purchase size this time has almost doubled, which is equivalent to eating up the original quota allocated to Eternal Jewelry Company!
According to the reasoning logic of "whoever makes the most profit is the initiator", this time it must also be the ghost of Chow Tai Fook Jewelry.
As for how Chow Tai Fook Jewelry persuaded DTC, it is unknown.
The important thing is that the jadeite and diamond raw materials of Eternal Jewelry Company are running out. If they do not replenish as soon as possible, they will face a huge crisis.
The better the timeless jewelry company is now selling, the less time is given to the company to deal with it, and the quicker the crisis will break out.
He Chaoqiong wanted to solve it by himself, but under the persuasion of the more experienced Zhou Hexuan, He Chaoqiong chose to ask Xia Yu for help.
So today, Xia Yu came to Eternal Jewelry Company...
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