Siheyuan: I am Jia Dongxu's cousin

Chapter 153: Destroy the Sanjing Board of Directors with High Profits

Seeing Zhang Weiguo's four fingers, Yoshida was stunned for a moment and said, "Could it be Hong Kong dollars?"

If it was Hong Kong dollars, Yoshida Masaichi could use his identity as the president of Mitsui & Co. to directly include Zhang Weiguo's quartz watch in the procurement list, but if it was Hong Kong dollars, he would have to ask the headquarters for permission.

Just when Yoshida Masaichi was about to speak again, he heard Zhang Weiguo say, "400 Hong Kong dollars!"

"~( ̄0 ̄)/"

Yoshida Shoichi's eyes widened, and he rubbed his ears in disbelief, wondering if he had heard it wrongly. He asked again, "400? ... Hong Kong dollars? Are you sure you didn't say it wrong?"

Zhang Weiguo looked at Yoshida Masaichi's stunned expression, smiled and nodded, "Mr. Yoshida, you heard it right, it's 400 Hong Kong dollars!"

"This...this..." Yoshida Masakazu didn't know what to say. This was a bit too cheap.

"Mr. Yoshida, are you satisfied with this price?" Zhang Weiguo asked in a teasing tone.

Yoshida Masaichi didn't care about Zhang Weiguo's teasing. He was immersed in the shock of 400 Hong Kong dollars and just nodded mechanically.

After waiting for a while, Zhang Weiguo said again: "Mr. Yoshida, you should also know what a 400 Hong Kong dollar watch will bring! It is no surprise that it will completely subvert the dominance of mechanical watches."

"Mr. Yoshida, as the president of Mitsui Supermarket, you must know that most Japanese people are reluctant to spend Hong Kong dollars to buy a mechanical watch."

Listening to Zhang Weiguo's words, Yoshida Masaichi nodded in agreement.

"But our quartz watches are different. Although they are not as accurate as mechanical watches, compared with the price difference of more than ten times, is the error of a few seconds a month important?"

"So, Mr. Yoshida, I wonder if our quartz watches can impress your Mitsui Department Store?" Zhang Weiguo said, looking at Yoshida Masaichi with a smile on his face.

Yoshida Masaichi was stunned for a moment, took a deep breath, and eased the shock of 400 Hong Kong dollars. He said to Zhang Weiguo: "Mr. Zhang, in my opinion, your Zhonghua Group's quartz watches can be put on the shelves of our Mitsui supermarket. But I need to discuss this matter with the headquarters in person."

As if fearing that Zhang Weiguo might misunderstand, Yoshida Masakazu explained, "Don't misunderstand, Zhang Jun. Your company's quartz watches are excellent. But this time our Mitsui Supermarket may need a larger quantity, so I need to consult the headquarters."

"That's fine. I'll wait for good news from Mr. Yoshida."

"Thank you, Mr. Zhang, for your understanding." Yoshida Zhengyi stood up and bowed to Zhang Weiguo.

Then the two chatted for a few more words, and Yoshida Masakazu said goodbye and hurried to Mitsui headquarters.

Zhang Weiguo had long expected that Yoshida Masaichi could not make this decision himself. After all, the profit margin of quartz watches is very large.

The other party purchased goods from Zhang Weiguo for 400 Hong Kong dollars, and could easily buy them for 1000 or 2000 Hong Kong dollars.

However, the prerequisite is to obtain the exclusive agency of quartz watches in Fuso. Otherwise, other Fuso companies will see that Mitsui is making so much money and turn around to purchase goods from the Zhonghua Group. Zhang Weiguo will not give up a profitable business.

As a result, Mitsui & Co. will have to keep lowering prices due to the internal competition among its peers, and in the end, it may only make hard-earned money.

In fact, for Zhang Weiguo, it doesn't matter who he sells it to. After all, the cost of a quartz watch is very low, about 50 to 60 Hong Kong dollars, of which button batteries account for the majority.

However, Zhang Weiguo has already asked people to start researching battery technology. In a few months, the Zhonghua Group will be able to manufacture batteries by itself. By then, as the workers' proficiency increases and the cost of batteries decreases, the price of quartz watches can be reduced to between 15 and 20 Hong Kong dollars.

The reason why Zhang Weiguo approached Mitsui directly was not only because he had been cooperating with the Mitsui Group, but also because he was interested in the shares of Hitachi, Ltd. held by Mitsui.

At that time, as long as Mitsui wants to regain the exclusive agency rights of Fuso, Hitachi Ltd.’s shares will not escape Zhang Weiguo’s hands.

……

……

Inside the meeting room at Mitsui headquarters.

A group of Mitsui directors passed back and forth the "MTYH" brand quartz watch that Yoshida Masakazu had brought over.

"Shoichi Yoshida, are you sure this quartz watch only costs 400 Hong Kong dollars?" a Mitsui director asked in disbelief.

"Yoshida-kun, I am sure that Zhang-kun's previous offer was 400 Hong Kong dollars!"

After Yoshida Masaichi confirmed it again, a group of Mitsui directors in the conference room started discussing it again.

"The purchase price is HK$400. Even if we sell it for HK$1000, we still make HK$600 in profit for every piece we sell."

"Mr. Tanaka, you are too conservative. I feel we can buy it for 2000 Hong Kong dollars each." A Mitsui director looked at the quartz watch greedily and said in a slightly high-pitched tone.

“I agree! 2000 Hong Kong dollars is several times cheaper than a mechanical watch.” said another Mitsui director.

"I have no objection to the price of HK$2000, but I wonder what the quality of this quartz watch is?"

After the Mitsui director finished speaking, everyone turned their eyes to Yoshida Masaichi.

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