Chapter 153 Doubts
"Brother Chao, please report the current progress."
"Understood. After more than a month of investigation and sorting, I have basically figured out what's inside."
After Huang Chao heard Huang Xu's question, he stood up directly, took out the information he had found earlier, and began to report to Huang Xu and Song Yiming what he had figured out during this period.
He has not gone to South Korea since the Chinese New Year this year, but has been running around the country investigating this matter.
More than a month has passed now, and he has slowly figured out the general situation of this industry.
Shandong Province only started sending kimchi to South Korea last year, and it has only been a year now.
Of course, this is just the time to start selling.
The production of kimchi in Shandong Province actually started in the winter of 2011.
At that time, Shandong Province was a major vegetable growing province, and the harvest of cabbage that year caused the purchase price of cabbage to be as low as two cents per pound.
Yes, that's two cents a pound.
This purchase price not only caused huge losses to many vegetable farmers, but also caused a lot of losses to many vegetable dealers who purchased cabbage in the early stage.
There are even some extreme vegetable farmers who stop harvesting cabbage and let it rot in the ground.
It was also at this time that several bosses in Shandong Province accidentally heard the news that prices in South Korea were extremely expensive.
Especially their spicy cabbage, which costs as much as $3.75 per kilogram.
So they came up with the idea of making spicy cabbage from the cabbage here and selling it to South Korea.
So they went directly to South Korea for inspection. After confirming the authenticity of the matter, they returned directly to the country and started to build a factory to sell kimchi to South Korea.
Although in the past year, there have been five or six factories there, specializing in making kimchi for export to South Korea.
It's just that their sales are not very good now, and their acceptance in the Korean market is relatively average.
Listening to Huang Chao's story, Huang Xu and Song Yiming also had a clear understanding of this market.
And now just listening to it, I know that there is a lot of money in it.
After all, with such a high price difference, as long as the market can be opened, the profits here will be very generous.
So after listening to Huang Chao's report, Song Yiming looked at Huang Xu.
"Mr. Huang, let's start doing it too."
"Mr. Song, don't worry, let's investigate the matter clearly first."
"Time waits for no one, Mr. Huang, we have to hurry up, otherwise it will be too late for us to enter after their market opens, right?"
Seeing Huang Xu's unhurried expression, Song Yiming seemed very anxious at this time.
After all, the profit in the middle is really too big.
Take the most common spicy cabbage kimchi in Korea as an example. The current domestic ex-factory price, or cost price, is just over one yuan per pound, and no more than two yuan at most.
However, after it was shipped to South Korea, the price was as high as more than 20 yuan, which was a price difference of more than ten times.
Although the tariffs on imported and exported goods from South Korea are relatively serious, it cannot stop the profits inside from being really attractive.
As the saying goes, if there is a 30% profit, people will take desperate risks; if there is a 100% profit, they will trample on human conscience; if there is a 300% profit, some people will risk being hanged.
In this business now, the profit is not just 300%, but more than ten times the profit.
One can imagine Song Yiming's excitement now.
"Huang Xu, time waits for no one now?"
"I understand, but the matter is not completely clear yet, so let's not get excited."
Seeing Song Yiming who was already excited, Huang Xu was not excited, but calmly comforted him.
After all, things in South Korea are not that simple. We need to take a long-term approach, and at least we need to find out the inside path clearly before talking about it.
So after comforting Song Yiming, he looked at Huang Chao.
"Brother Chao, you said their current market acceptance is not high. Do you know what the problem is?"
"I'm still investigating, but now I just heard that the supervision there is stricter, and they don't really approve of imported goods."
"Look, Mr. Song, I said there must be something wrong in the middle."
Hearing what Huang Chao said, Huang Xu turned to look at Song Yiming.
When Song Yiming heard this, he calmed down a little. After all, he had been in the mall for so many years, so how could he not know there was something wrong when he heard this.
It’s just that I was dazzled by the huge profits just now.
Now that I have calmed down, I am starting to think about how to solve the problems facing the kimchi market.
"In other words, if you want to open the market, you need to solve the problem of market acceptance and market supervision, right?"
"Yes, does Mr. Song have any good ideas?"
"No, but now that we understand the problem, let's just find a way to solve it."
Although Song Yiming had no solution to the problem at this time, his fighting spirit was aroused in his heart and he was ready to find a way to solve the problem.
After all, there is ten times the profit waiting for him ahead, and there is no way he will give up.
Now it's just a matter of solving the problem.
So he got up directly and prepared to look for people he knew before to see if he could find out something.
However, seeing the excited Song Yiming about to start taking action, Huang Xu quickly held him down.
He actually already has some ideas on this matter.
Although he had never done this kind of business in his previous life, he had heard about it.
Although the Korean market now does not recognize the domestic kimchi in the past, after the past few years, the Korean market is basically selling kimchi produced in China.
This shows that these problems can definitely be solved.
And according to Huang Xu's idea, if the market is not easy to open, it means that the target has not been found correctly.
Ordinary people can stand up for themselves and reject these imported kimchi, but those restaurants are not so aware.
After all, which businessman can refuse these cheaper pickles.
Therefore, Huang Xu is not in a hurry about this matter, but has enough confidence to open up the market.
It's just that he didn't tell the two of them, but planned to wait for his own investigation before discussing the matter.
Then he began to care about the supply issues of his franchise stores.
Although Song Yiming has been supplying goods to Seoul for several months now, there have been no mistakes in the process.
But don't forget, things are not that simple this time.
After the Chinese New Year, they started the second round of investment promotion, and now more than 100 stores have joined.
Including the stores that joined in the first round, there are now more than 150 stores.
This is not a small amount.
Therefore, the supply of materials to these stores is a relatively important issue.
After all, when they join their own company, in addition to the brand effect, they are the materials that their company can provide.
Moreover, these materials are also related to one's future income. After all, once more than a hundred stores are opened, just supplying these stores will be a relatively huge project.
Now in South Korea, Huang Xu and the others are still recruiting employees and have even begun to purchase freight vehicles to deliver supplies to these stores.
Although it's better in China, it's not that simple and there are a lot of chores.
Therefore, Huang Xu's first destination when he came back this time was here.
Just to check whether Song Yiming can provide the materials needed there in good quality and quantity.
After hearing Huang Xu's inquiry, Song Yiming also sat down and began to report to Huang Xu the preparations he had made.
By the time he finished his report, it was already past six o'clock in the evening.
After Huang Xu confirmed that Song Yiming was ready, he said goodbye.
There are two girls waiting for him in the hotel now?
Therefore, after rejecting Song Yiming's dinner invitation, Huang Xu drove Huang Chao's car and rushed towards the hotel.
But even so, when Huang Xu returned to the hotel, it was already past eight o'clock.
At this time, Goo Hara and Choi Jin Jin had also woken up early, and were currently chatting in the hotel.
Looking at the bored two people, Huang Xu also felt a little sorry.
He didn't expect that there would be so many chores today, that he would finish late, and when he returned to the hotel, he would even catch the evening rush hour.
It normally takes less than an hour to travel, but it took nearly two hours of running to get here.
"Sorry, I came back a little late. Are you hungry now?"
Seeing Huang Xu's apologetic look, Gu Hara and Cui Zhenli were not angry. After all, he had business matters to deal with when he came back this time.
So when she saw Hwang Xu rushing back, Goo Hara became concerned about his work.
"Oppa, it's okay. Your work is more important. Are you finished now?"
"You're done, don't worry."
Huang Xu looked at Gu Hara who cared about him, walked to her side, took her hand directly with his hand and said:
"Let's go, let's set off now and take you to taste the delicious food here."
After saying that, he took the two girls and went straight to the hotel he had reserved.
This was the hotel he had made a reservation for after he came back in the afternoon, and it was also a very well-known local hotel.
Until Huang Xu was reborn, it was one of the places where locals often went to treat guests.
Mainly because although the food here is not too cheap, who makes the variety here more complete?
In this restaurant, you can basically eat representative delicacies from all over the province, which is why Huang Xu brought them here.
After arriving at the restaurant, Huang Xu did not politely ask them to order. Instead, he directly made the decision himself and ordered a few well-known dishes.
Huang Xu has ordered classic Henan dishes such as Braised Yellow River Carp in Braised Sauce and Stir-fried Tofu with Rice Noodles.
Finally, when the food was served, a large table of food was served.
The two of them were a little shocked when they looked at the table full of dishes.
Because in Korea, there are only a few staple dishes when eating, and the rest are filled with kimchi.
Although it looks relatively rich, in reality, there is not much.
Even when they went to Japan, the food they ate was only presented in a more exquisite way, unlike Huang Xu's place now, which is all big dishes.
Especially the big carp, which is forty to fifty centimeters long and looks very domineering.
It was this dish that made Goo Hara and Cui Zhenli look very surprised.
So before even using my chopsticks, I picked up my phone and started taking pictures.
Huang Xu looked helpless as he looked at the two girls who had now mastered taking photos before eating.
He didn't expect that the habit he had only developed in the self-media era in his previous life would now be mastered by the two of them.
However, Huang Xu did not urge them, but patiently waited for them to take photos and send them to the group to show off before he introduced them and took them to taste the delicious food.
"Oppa, this fish is so delicious!"
Goo Hara pointed at the big braised carp in front of her and said in surprise.
The fish she used to eat in Korea or Japan were basically stewed or fried.
Basically, I have never tried this method of frying first and then braised.
Therefore, Goo Hara and Choi Jinri, who tasted this flavor for the first time, were also pleasantly surprised.
Looking at the surprised two people, Huang Xu was very proud in his heart, but his expression was very dull on his face.
"Where is this? I will take you to taste other ways tomorrow, and now you try this."
Then Huang Xu pointed at the fried jelly in front of him and introduced it.
However, just as Huang Xu was taking them to taste various delicacies, the photo Cui Zhenli had just sent to the group group caused a crazy discussion in their group.
Especially their captain, Victoria, directly asked in the group where they ate.
As a Chinese, she felt a little moved when she saw such authentic Chinese food in the photo.
After all, after living in Korea for a long time, I miss the food of my hometown very much.
Although these dishes are not from her hometown, as long as they are Chinese delicacies, they are all temptations for her now.
So she directly asked in the group where Cui Zhenli had eaten such authentic Chinese food.
You know, she has never found such an authentic store in Seoul for so many years.
But she didn't expect that the message she sent didn't get a reply.
This made her feel a little strange, so she made a call directly, wanting to pay attention to Cui Zhenli, and also ask her where she could eat Chinese food.
But at this time, something even more puzzling happened to her. The call did not get through, and she only heard the sentence "Not in the service area."
She was frightened when she heard the result, so she sent frantic messages to Cui Zhenli, wanting to know her location and whether there was any danger.
And her behavior finally made the three people who were tasting the food discover something unusual.
"The truth? Your phone keeps flashing. Why don't you take a look and see if there's anything I want to see you for."
"Huh? Any information?"
Cui Zhenli, who was immersed in the delicious food, heard Huang Xu's words and then saw the flashing mobile phone.
"Ah, Mother V is looking for me."
Looking at the continuous messages on her phone, Cui Zhenli quickly responded to her questions.
But what she didn't expect was that Victoria would become even more confused because of her reply.
"Why is Shirley in China?"
I haven't heard that she has any Chinese activities?
And if she had activities, how could I not know about it as her captain?
So when she looked at Cui Zhenli's reply on her phone, she looked even more confused.
(End of chapter)