blueteamnovel Chapter 39.1
Chapter 39.1
Chapter 39.1
The next morning at eight o’clock, Yi Feng and Wang Tie took the bus to No. 19 Heshun Road.
It was a commercial and residential building along the street, called Heshun Building. Although it was called a building, it actually only had six floors and was relatively wide.
Yi Feng called Huang Guangyuan upon arriving downstairs, and soon after, Huang Guangyuan appeared at the entrance of the building, jogging over to greet Yi Feng and his companion.
“Haha, Brother Yi Feng, hello!” Huang Guangyuan ran over and warmly shook hands with Yi Feng.
“Manager Huang, just take me to see the goods. If they’re not suitable, I’ll leave. I have other things to do,” Yi Feng said calmly, his words revealing a lack of interest in the components and no hurry to acquire them.
“Eh, yes, yes, the goods are in the company, this way please, Brother Yi Feng,” Huang Guangyuan quickly gestured for them to follow.
Under Huang Guangyuan’s lead, Yi Feng and Wang Tie arrived at the company on the third floor.
The company Huang Guangyuan worked for was called Shengxin Electronics Recycling Co., Ltd., specializing in the recycling of household appliances and electronic products.
Yi Feng understood the business model of such companies: buying electronic products with residual value from the primary market at low prices, such as old air conditioners, old refrigerators, old TVs, old computers, etc., and then selling useful second-hand products to second-hand dealers or recycling them to electronics manufacturers, making a profit from the difference.
Because they could double the price of items bought at very low prices from the primary market, such companies were quite popular at the moment.
However, such companies required high working capital as some goods could not be sold immediately, leading to more inventory and making cash flow more difficult.
Therefore, they usually tried to sell the goods they collected as soon as possible to recoup the purchase cost and profit.
Upon entering the company, the lighting inside was somewhat dim, with only a dozen employees, many of whom were lazily resting on the tables.
The company’s first impression was one of lethargy and stagnation.
Yi Feng then looked into other rooms, which contained many second-hand electronic products, indicating a significant amount of unsold inventory.
No wonder they were so eager.
With a glance, Yi Feng could see the company’s current predicament.
Too much inventory, poor staff quality, and poor management.
Huang Guangyuan led Yi Feng to a storage room filled with 25 CRT monitors and 25 disassembled computer towers.
“All the goods are here, please have a look, Brother Yi Feng!” Huang Guangyuan said with a smiling face.
Yi Feng nodded, picked up a motherboard to check the label, which noted the production date and model.
Looking at the label on the back of the case, he suddenly realized.
“No good? Then keep it, or maybe sell it as scrap metal for a thousand yuan or so.”
“Let’s go, Tie,” Yi Feng called out, ready to leave with Wang Tie.
Wang Tie secretly snickered; Brother Feng’s bargaining skills were truly masterful!
He had Manager Huang completely at his mercy!
Huang Guangyuan, desperate, scratched his head and quickly stopped Yi Feng, “Brother Yi Feng, please wait, I’ll go ask the boss!”
After saying that, he turned and ran to the back office.
After he left, Wang Tie quietly asked, “Brother Feng, can we really buy this scrap?”
“Hehe, to others, it’s worthless and troublesome, but to me, it’s treasure. They can all be fixed, and with some additional components, they’ll be perfectly good second-hand computers!”
“Tie, do you know how much such second-hand computers can sell for?” Yi Feng teased.
Wang Tie curiously asked, “Brother Feng, how much?”
Yi Feng chuckled, “At least 3,000 yuan each, maybe even more!”
“Ss!”
Wang Tie gasped.
If all these computers were repaired and sold as second-hand, wouldn’t the profit be dozens of times greater?
At least
3,000 yuan per machine, with twenty-five machines, that’s over seventy thousand yuan!
Just thinking about this number excited him beyond measure.
He had never seen so much money in his life!
Seeing his excited expression, Yi Feng quickly raised his hand to hush him, “Don’t get too excited, stay calm.”
“Mm!” Wang Tie took a deep breath and calmed himself.
After a while, Huang Guangyuan ran back, smiling at Yi Feng, “I just asked the boss, and he said it’s okay, 2,500 yuan it is!”
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