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Chapter 777 Battle for the Coal Market Five

"Mingxiang, this is too outrageous. Are they shameless? Today is the opening ceremony of our Yuchang Coal Company, and they are blowing endlessly. Is this a speech for policy?" Ji Ji asked Chen Mingxiang quietly among the crowd.

"Although you are extremely smart, you are never a resident of the officialdom. Look at who is the person who speaks? Which one is simple to be able to get to your current status and position?"

"On the one hand, this shows the support and attention of Yuchang Coal Company and on the other hand, it also explains to the superiors and subordinates. The coal shortage problem has attracted the attention of the Jinling government and the Japanese Xingya Academy. It is normal to make a statement. Haven't you seen so many reporters taking photos and recording the content?"

"Aji, you have to remember one thing. These people are not that simple in doing anything. The strange phenomena you see often have deep meanings. Learn more. You are still far from it!" Chen Mingxiang whispered in her ear.

It was 11:30, and the ribbon-cutting ceremony officially began. A group of senior Japanese generals and Chen Gongbo walked up the steps to cut off the red silk. Applause was thundering around him, and then he went to the banquet venue to drink and have a meal.

The reporters all evacuated the scene and went to various coal briquette shops for interviews and photos. In half an hour, they were a little nervous.

At twelve o'clock, the manager and the guys of the coal ball store started selling coal. This time they participated in a total of twenty coal ball stores and five coal ball plants. Chief A led the citizens of the area he was responsible for and paid for the coal according to the prescribed quantity.

It doesn’t need to be too complicated. Each ten households are one A. Chief A pays five dan of coal balls, which is 125 yuan, and you can get it home and get it yourself.

Chen Mingxiang’s ten stores, each with ten scales, selling 300 dan of coal balls per hour and 3600 dan of coal balls per day. It is expected that the first batch of coal balls will be sold within three days and will be replenished again. A total of one week will be sold.

"They are indeed going to play tricks. I just received news from my brothers that all the self-operated coal briquette shops under Lianmeihao stopped selling. The external saying is that the supply of goods is insufficient." Zhang Jinlu leaned over to Chen Mingxiang and said.

This is at the banquet scene of Wang Bao and the restaurant. Chen Mingxiang's table is in the private room on the second floor. Anyone with seats is a big shot in the Shanghai market, including senior Japanese generals, Consul General and Chen Gongbo.

Business war is also war, and intelligence is the first priority. Chen Mingxiang directly used the resources of the agent headquarters to order his subordinates to monitor the coal ball shop of Lianmei. He never underestimated his opponents, even if he had a killer weapon in his hand.

Zhang Jinlu is just a small character in the Shanghai Experimental Area of ​​the Agent Headquarters. Her seat is in the lobby on the first floor and she has to come over to report to Chen Mingxiang.

"Jun Chen, what's going on?" Oda Taiji, who was sitting beside him, asked curiously.

"God General, this is the case. The intelligence personnel from our agent headquarters reported that the self-operated coal briquette store of Lianmei No. 1 has been closed and stopped selling. This is to force 200,000 users to Yuchang Coal Company to buy coal, increasing the pressure on our supply." Chen Mingxiang said.

The faces of several senior Japanese generals present had not changed. They already knew Chen Mingxiang's response strategy. The sales of coal balls were just a cover. The real killer move would not come in three days, and it would not be released in a short period of time, in order to gain market share for themselves.

"Is the inventory pressure of Lianmeihao great?" Yan Zeqingxuan asked with a smile.

He came up with the idea to make Chen Mingxiang raid. Unexpectedly, Chen Mingxiang did better and directly used coal to solve the problem. Therefore, he admired this guy very much. The Shanghai Stock Exchange really needed such a person to be responsible for disrupting the situation and restrained and warned those chaebols who did not abide by the rules.

The question he asked was also very critical. Even if the chaebols have money, the financial pressure brought by hoarding is uncomfortable. It naturally costs money to produce coal balls. It doesn’t seem to be much on the surface, but this thing is calculated in tens of thousands of tons!

"Genius General, according to my investigation, in order to bear the sales of up to one million dan of coal briquettes in the Shanghai Stock Exchange, more than 30 coal units in the Shanghai Stock Exchange, have to import 50,000 tons of coal from North China every month, but they only enter but not leave for a long time, which also leads to insufficient working capital."

"Their coal briquette reserves are not large, maybe only about two million dans, but the coal has been stockpiled for at least four months. Even if the price is low, it is not less than 500 yuan per ton. They do not have the coal subsidy policy of Xingya Academy, and they have to bear the military expenditure of the Imperial Army in central China, which is 20 million."

"I speculate that their minimum funds of 100 million yuan will be occupied, which is real liquidity. Although they have more than 30 companies, they cannot withstand such a heavy burden." Chen Mingxiang said.

"Your plan is to hold on until December, and there are still three months left. This scene is not easy to perform!" said Qiongxuan of Yanze.

If Chen Mingxiang wants to complete a supply of one million dan, it must at least be in late November. This gap will lead to two months in the Shanghai Stock Exchange. Xingya Academy is also somewhat worried about the consequences caused.

"Grandmaster, since I dare to use such a trick and accept the heavy responsibilities given by the empire, I have a way to hold on. This comes from the survey of consumption. Why do I give each company a half quota of coal balls instead of a quota of coal balls that I need in daily life?"

"The total consumption of Shanghai market is one million dan of coal balls. I force citizens to only use 500,000 dan of coal balls a month. This is because it is not winter yet, and half a dan of coal balls can fully support a month's life. It's nothing more than eating a few less hot meals. It's much better than burning without coal balls, right?"

"To be honest, citizens should be satisfied with this phenomenon before winter comes, and the price is cheap. At this time, there is nothing to complain about if they can still enjoy such benefits."

"But it's not possible to enter January. Although the Shanghai Stock Exchange is in the south, the temperature is still very low. If you can't buy enough coal balls, there will be big problems." Chen Mingxiang said.

When the people at the table heard Chen Mingxiang's strategy, they were immediately praised. Every time this guy took a chess move, he thought about it and then acted. According to his operations, those businessmen would definitely have the desire to die in the end.

It’s not that Lianmeihao didn’t expect to sell coal directly to break the situation, but that their thinking is the thinking of businessmen, and they always seek to maximize profits. In their eyes, Chen Mingxiang is also a businessman, so he can’t make money without making money or selling coal without making coal balls. The profits here are at least 40%, and they are all money!

No one expected that the price war in the coal market had just begun, and Chen Mingxiang looked at the salt market again. The 2,000 tons of salt from Jincheng Port would soon be listed on the Shanghai Stock Exchange and Central China.
Chapter completed!
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