Chapter 51 The Acquisition Battle Concludes
Chapter 51 The Acquisition Battle Concludes
June 1st. Huaqiangbei.
At 7 a.m., the owners of the "electronic waste" recycling area opened their shops as usual and hung up signs offering high prices for recycled mobile phones.
But today is a little different.
At this time in the past, teams from Transsion and Bird would already be waiting outside to buy their products, but today Bird's cars did come, while Transsion didn't send a single car.
"Old Chen, where's the person who sent the message?" the owner of the next stall asked, peeking out.
"I don't know. Everything was fine yesterday. Their manager even said they were going to receive 500 million units this month. How come they're doing this on June 6st..."
Mr. Chen took out his phone, wanting to call the purchasing manager of Transsion to ask a question.
"No need to rush, they're probably trying to negotiate a lower price with Bird again. Oh dear, what a pity, we won't make much money today."
"Old Li, you should be content. Now, not only are you not losing money because of these two companies' use of old cell phones, you're actually making more. Losing money for a day or two won't matter."
"Too."
Bird isn't stupid either; if Transsion doesn't show up, they'll drive the price down even further.
Therefore, this is the last thing these recyclers want to see.
But when Boss Cheng found the phone number, a mass text message made him jump up instantly.
Dear Partner: Due to technical adjustments, Transsion Technology is suspending all used mobile phone recycling services effective immediately. The resumption date will be announced separately. Thank you for your long-term cooperation, but we suggest you seek other partners.
——Transsion Supply Chain Management Department
The group exchanged glances, all seeing disbelief in each other's eyes, and quickly gathered around with their phones.
"Pause? How could that be? Didn't they just open a new factory in Africa? They definitely need these scrap parts."
"Are you stupid! It's one thing to get some scrap parts from our production here, but over there... do you want to ruin their market?"
"Didn't we agree on a target of 500 million? How did things turn out like this?"
"Could it be that they're going to go all the way down?"
The more they discussed it, the more frightened they became, and panic began to spread. After all, the words used in this telepathic communication were quite serious, but Old Wang remained relatively calm.
Isn't this a classic case of crying wolf? They've used this telepathic trick so many times.
The harsh words used this time were simply meant to teach them a lesson. However, the secondhand recycling industry is inherently about the highest bidder winning; they aren't opportunists, they were just trying to protect their own interests.
Similar scenes were playing out simultaneously at multiple recycling sites. The competition between Transsion and Bird over the past three months had made them accustomed to this peaceful period, but now…
…………
Hangzhou, the headquarters of Bird.
Zhou Ming, the supply chain director, glanced at the news about the industry cleanup dominating social media, sneered for a moment, and then tossed his phone aside.
"Shen Fei is using this trick again. Does he have any new tricks up his sleeve?"
They did it more than 20 times in three months, do they really think I'd believe that? But this time they actually put on a pretty convincing act; that word is quite scary.
The secretary standing nearby sensed something was amiss, but seeing Zhou Ming's overconfidence, he ultimately chose to whisper a reminder: "Mr. Zhou, shall we... continue accepting?"
I just signed a 30 yuan contract with Xijiang yesterday, and they even added 4 yuan to it, snatching it from Chuanyin.
"Take it! Why not?" Zhou Ming slammed his hand on the table, a confident smile spreading across his face.
"If Chuanyin doesn't accept it, we have to accept it; if Chuanyin doesn't accept it, we have to accept it even more. We should take this opportunity to lower the price. Those recyclers are getting more and more greedy."
This is the perfect opportunity to wipe out all those small-time recycling merchants. Once we monopolize the recycling channels, Shen Fei won't be able to recycle anything even if he wants to.
At that time...
Hahaha… Zhou Ming's expression grew increasingly arrogant. They got away with it last time, but not this time.
He's going to make a hundred million from this batch of goods!
After he finished laughing, the secretary slowly stepped forward again: "But... Mr. Zhou, our franchise funds are almost used up."
"Go and ask President Li for permission, and tell him this is a once-in-a-lifetime opportunity." Zhou Ming's eyes were already burning with fervor; there was definitely an opportunity here.
At this moment, he wouldn't listen to anything anyone said.
"I had calculated before that Transsion would consume at least 50 units of goods every day. Now that they have stopped, all of these goods are flooding into our market."
As long as we buy them at a low price, we can resell them when Transsion can no longer hold out and resumes purchasing, saving 10 yuan per unit.
After all, stopping production means huge losses.
……
That afternoon, Bird posted an announcement in the recycling group: "Bird Technology continues to purchase used mobile phones at fair prices, with cash settlement."
Upon hearing the news, the recyclers who had been abandoned by Transsion saw it as a lifeline and transported all their stockpiled goods to Bird's designated warehouse.
Although the price was a bit low, at least it didn't become a liability.
After these people left, they kept hurling insults and making random noises via voice transmission. In the past, at least we could send them an announcement when there were events, but now…
Nonsence!
In this way, Bird received 80 units in the first week.
Looking at the warehouse piled high with cell phones, Zhou Ming proudly reported to Li Xiangdong: "President Li, we now control 70% of the supply in the market."
When they realize through telepathy that their "crying wolf" plan is completely useless, they'll have to kneel down and beg us.
Looking at the report, Li Xiangdong's eyebrows furrowed with suspicion: "You really didn't confiscate a single Transsion device?"
"Really, no. I've sent people to stake out all the main collection points, and not a single one of Chuanyin's vehicles has shown up," Zhou Ming assured, patting his chest. Suddenly, he realized something was amiss.
However, since it involves decision-making and kickbacks, the plan must not be easily stopped.
"Mr. Li, the company is definitely trying to lower the price. We absolutely cannot export this time. Let's see who can't hold out first."
If their production line stops, it will definitely not be a matter of a few million.
Although they didn't confiscate it on the surface, they might have developed some new small market and are secretly reaping the benefits behind the scenes.
We absolutely cannot let their empty city ploy succeed.
At Zhou Ming's urging, Bird received another 120 million units in the second week.
They originally planned to sell it to Transsion at a high price at the end of June, so they didn't prepare that many warehouses.
Our inventory is now full, so we have to temporarily rent three large warehouses to continue storing our stock.
At the same time, Bird's working capital began to tighten, and Zhou Ming had to go to the finance department: "Approve another 3000 million, and we can receive another 100 million units next week. All the money from the sales will go to your finance department."
The CFO looked at the remaining 1.2 million yuan in working capital on the books and said hesitantly, "We can't approve any more."
"Mr. Zhou, isn't this too risky?"
Seeing the CFO's hesitant expression, Zhou Ming slammed his hand on the table. Although they were at the same level, he was carrying out orders from General Manager Li.
He is now one level above him.
"What's the risk? It needs these goods to transmit the message, otherwise the production line will stop, and we'll lose a lot of money."
Hurry up and approve it! We need the money urgently.
"It's not that I don't want to approve it, but we really don't have the money in the account. We need to save that money to develop the African market."
He's about to send a message on his phone; we need to snipe him.
You also need to get a detailed investigation report, otherwise, if Transsion really refuses to accept the goods, this shipment could crush us.
I still have to clean up your messes.
Seeing the defiant CFO Zhou Ming, he was also furious. He snorted and left the office...
He's going to teach this scoundrel a lesson.
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