Hong Kong Island Chronicles: From Electrical Appliances King to Business Legend

Chapter 62: Blood for Blood



Chapter 62: Blood for Blood

After the banquet...

In the afternoon, in Li Yongsen's office.

His uncle looked at him with a smile and said, "Jiagang, you didn't blame your uncle for making the decision on your own, did you?" As he spoke, he poured him a cup of tea.

Upon hearing this, Li Jiagang remained calm, took the teacup, took a small sip, and said, "Uncle, actually, I've long had the idea of ​​building a factory over there."

Hearing this, Li Yongsen became even more interested and pressed on, "Oh, I'm sure you've heard something about what's going on over there. Aren't you afraid...?"

Li Yongsen didn't make his words clear, but Li Jiagang understood the unspoken meaning behind them.

The concern is that the situation there is unclear, and that businessmen's assets might be seized and confiscated by relevant departments again.

In the early period, due to various problems, countless merchants in the inland areas were forced to leave due to environmental pressures, and the properties they left behind were naturally confiscated.

That's why Li Yongsen asked this question.

Li Jiagang remained calm and smiled as he replied, "Inland reforms are imminent. Although the policies are not yet clear, the opportunity has already emerged." He paused for a moment, then added, "Rather than saying I trust that side, I'd rather say I have more confidence in the one who is launching the reforms."

Li Yongsen's eyes lit up when he heard this.

He then burst into laughter.

"Good, now that you can understand this level of issues, your uncle is even more at ease."

Li Yongsen then became serious and said, "I can tell that they are indeed short of money and technology, and their focus is on development." As he spoke, he stood up and walked to the window. "Uncle believes that this is an opportunity, a stance, and a responsibility."

Li Jiagang nodded in agreement, unable to deny it.

He fully agreed with his uncle's analysis.

At the same time, he was also impressed by his uncle's foresight and ability to see through the decisions made there.

Li Yongsen was among the first group of Hong Kong businessmen to develop in mainland China. He went there to build factories and introduce various electrical technologies as soon as the country opened up. He was also the first person in Hong Kong to bring overseas electronic products to the mainland for sale.

I have to admit, he's quite good too.

"In that case... Uncle, when do you think would be a good time for us to go over there?"

"No rush," Li Yongsen waved his hand. "The New Year is just around the corner. Let's go back to our hometown to pay respects to our ancestors first, and then see how things go."

"Alright, let's do as you say, Uncle."

"Hehe, you little brat," Li Yongsen chuckled, shaking his head, his wrinkles at the corners of his eyes brimming with satisfaction. "Tell your uncle honestly, what's your attitude towards that area? How much do you plan to invest there?"

"Didn't I just say that?" Li Jiagang pursed his lips speechlessly, "I have confidence in the person who is implementing reforms, so I plan to go there and build an industrial park."

"Industrial park?"

Li Yongsen raised an eyebrow upon hearing this.

"How large is the industrial park?"

"Starting with various electrical and electronic products, we integrate upstream and downstream industries, from small categories such as parts and accessories to large categories such as components and complete machines, and from R&D to export, to create a complete industrial chain."

At that time, we will not only do OEM manufacturing, but also build our own brand, focus on quality, and become a leader in the industry.

"call!!!"

Upon hearing this, Li Yongsen's eyes showed shock. He hadn't expected his nephew to be so determined in this industry.

However, he was also very pleased.

Li Yongsen looked at him, recalling the scene thirty years ago when he and his brother first came to Hong Kong to make a living. Back then, they had just as much ambition.

It's just a pity...

A look of sadness crossed Li Yongsen's eyes as he sighed softly, "If your parents were still alive, everything would be so much better..."

Hearing the words "his parents" reminded him of the matter, and he immediately went to the phone and dialed the number.

Li Yongsen, who was standing to the side, was puzzled.

After he hung up the phone, she asked curiously, "Jiagang, what's going on...?"

Li Jiagang replied seriously, "Uncle, there are some things you should also know."

Less than five minutes later, Li Junjie walked in with several documents: "Hello, sir, young master."

"Hello, Junjie."

Li Yongsen responded calmly.

Li Jiagang then opened the documents and handed them to his uncle: "Uncle, I found out that my father's company is in trouble. It's very likely that it was set up."

Upon hearing this, Li Yongsen frowned.

He quickly picked up the documents and began to read them. The more he read, the more his brows furrowed, and anger radiated from his entire body.

A full half hour later...

Li Yongsen didn't ask Li Jiagang how he knew these things, but said coldly, "Jiagang, how do you plan to handle this?"

Li Jiagang replied without hesitation, "A blood debt must be repaid in blood," then paused before adding, "But I have a reason to go to war. I will investigate thoroughly, and once the matter is confirmed, even without evidence or legal basis, I will deal with them in my own way."

"Good, that's what a man of the Li family should be like."

"Your uncle will stand with you through thick and thin in this matter," Li Yongsen said domineeringly. "No matter who is involved, they must pay with their blood."

As Li Yongsen uttered the words "blood for blood," they seemed to echo in the air. The uncle and nephew both expressed their resolute determination.

The office fell silent as a result.

A moment later...

Li Yongsen broke the silence.

"After your father's accident, I actually sensed that something was wrong, but..." Li Yongsen's voice became hoarse, "I didn't know where to start or where to begin investigating."

"I also went to Hang Lung Bank to look for Zhuang Kunrong, but I didn't get any useful information."

"As for your father's overseas business partner, I don't even know which company it is or what its name is, so I have no way of investigating it."

"Now that you've found out all this and know that your father was framed, you must seek justice for your parents."

He raised his eyes, his gaze sharp as a knife, piercing Li Jiagang: "Whether it's Hang Lung Bank, the Unification Agency of the Philippines, or this man named Han Jiale, as long as it's confirmed that they were the ones who did it, we must take up the butcher's knife and make them disappear."

"Don't worry, Uncle, I will."

"But don't rush into action. Let me think about how to do it more safely."

"Okay, Uncle."

"Okay, let's put that aside for now."

Li Yongsen then took a document from the cabinet and handed it to Li Jiagang, saying, "Jiagang, this is a message from my friend in Japan. Take a look."

Li Jiagang nodded and took it to look at.

It is a set of rules regarding product cooperation, outlining three cooperation options.

Exclusive agency cooperation plans are available.

There are distribution and agency cooperation models.

There are also resale revenue-sharing partnerships.

After carefully reviewing all the cooperation plans, Li Jiagang looked up at his uncle.

"Uncle, what do you think is the best way to cooperate?"

Li Yongsen did not respond immediately, but instead handed him another document.

"Jiagang, take another look at these documents."

Li Jiagang didn't ask any more questions. He took the document and looked at it carefully. The document was full of contracts, which were cooperation agreements between Hutchison Whampoa and overseas electrical appliance brands.

"The general agent?"

"Uncle, do you mean I should negotiate a general agency agreement with them?"

Li Yongsen nodded directly.

“Jiagang, normally this is an internal decision for your company, and it’s not appropriate for your uncle to make that decision for you,” Li Yongsen paused before continuing, “but as someone who’s been through this, I don’t want you to take the wrong path.”

"Do you know why I suggested you talk about becoming a general agent?" Li Yongsen asked, looking towards Lijiagang.

Li Jiagang simply shook his head.

He knew absolutely nothing about this, so he listened very attentively to Li Yongsen's explanation.

"While the profit margin for a general agency partnership is certainly thin," he said slowly, "your company is a new brand, and it sells overseas. Without local sales channels to fully open up the market for it, it will be very difficult to market the products."

"First: With the general agent partnership, the distributor will be responsible for sales, promotion, expansion, and other related matters."

"Second: If you are suppressed by local competitors, the distributor will handle it on its own. However, if you are not a general agent, you will need to handle this problem yourself."

"Thirdly, and most importantly, dealing with issues from relevant departments is a different story. If you have a local agent to handle it, everything will be fine. Otherwise, the problems you encounter will make it very difficult to move forward."

"Now you understand, right?"

Li Jiagang nodded upon hearing this, but then he asked, "What if the other party doesn't agree to cooperate on a general agency basis? How should we negotiate then?"

"In addition, if we cooperate on a general agency agreement, will my previous offline plan be ineffective?" Li Jiagang asked several questions in a row.

Li Yongsen replied calmly, "Jiagang, that depends on your negotiation skills." He smiled faintly, "Actually, it doesn't necessarily have to be a general agency cooperation. We can negotiate according to your own ideas, but the conditions must be that the issues I just mentioned are resolved, otherwise everything will be difficult."

"As for offline promotion," he said, taking a sip of tea, "you provide the plan to your agents and let them implement it. Sales increase, orders double, and you'll still make a fortune, won't you?"

Li Jiagang's eyes lit up, and he suddenly understood.

He finally understood that old ginger is spicier, and he was also an old ginger, but since his field was not in business, he naturally did not understand many of the unspoken rules.

If it weren't for his uncle's explanation, how would he have known all the ins and outs of cat poop?

If we rashly negotiate a partnership and send the products there to sell, he might actually suffer a loss. Even if he doesn't suffer a loss, it will probably be difficult to open up the market.

Even if he manages to open up the market, if local competitors resort to underhanded tactics, he'll be in deep trouble and will have no choice but to suffer in silence.

But things are different now.

With his uncle's guidance, he at least realized some of the problems and knew how to avoid these troubles, thus developing the most suitable cooperation plan for his company and its partners.


Tip: You can use left, right, A and D keyboard keys to browse between chapters.