The two had a back-and-forth, and after a while, Qi Yun finally figured out the ins and outs of the situation.
Making this deal work was not just about solving the buying and selling channels. Even the procurement stage required a wealth of experience to back it up.
After contemplating for a while, Qi Yun lifted his head, looked at Cao Yufei, and suggested, "Old Cao, how about we partner up on this?"
Cao Yufei was slightly taken aback, showing a puzzled expression, "Partner up?"
Qi Yun nodded, his face serious, "I'm planning to stockpile five million worth of Tufuling. We'll use your factory's credentials; you handle the buying and selling, I provide the funds. How about it?"
Cao Yufei, upon hearing this, fell into thought. After a moment, he slowly said, "Partnership is no problem, but why did you suddenly decide to get into Tufuling?"
Qi Yun took a drag from his cigarette, flicked the ash, and replied, "I have a friend overseas in the herbal business. He's well-informed and told me that the price of Tufuling is about to skyrocket."
Cao Yufei nodded slightly, took a deep breath, and said, "According to you, I basically bear no risk, so there's no reason to dissuade you. However, I still want to remind you that market conditions are unpredictable and hard to forecast."
Qi Yun listened, extinguished his cigarette, knowing the other was looking out for him.
"Old Cao, I understand what you mean. The market is indeed uncertain, but I see this as an opportunity. I have confidence in that friend and want to give it a try."
Cao Yufei saw his determined gaze and knew his mind was made up, so he didn't persuade him further.
"Alright, since you're so confident, I'll go along with you."
"But, since it's business, even though I don't have to provide the funds, as I'm involved, I'll give it my all. What share of the profit do you intend to give me?"
Qi Yun pondered for a moment, his mind racing with thoughts.
Although the other party didn't provide funds, the credentials for buying and selling herbs, the channels, and experience were indispensable.
He wasn't someone who wouldn't share the benefits. Without the goodwill shown to Cao Yufei earlier, they might not have become friends, and the latter wouldn't agree to a partnership so readily.
So he thought for a while and replied, "I'll give you forty percent. How about that?"
Upon hearing this, Cao Yufei furrowed his brows slightly, tapping his fingers rhythmically on the table, lost in thought.
After a while, he shook his head.
Seeing this, Qi Yun smiled, "Then fifty percent, we'll split it evenly."
"You've misunderstood," Cao Yufei explained, "I meant that forty percent is too much. The resources I'm providing are worth at most thirty percent. I only need thirty percent; I don't want the extra."
Qi Yun was momentarily taken aback, gaining a newfound respect for the man.
Being able to give up profits already within reach is not something everyone can do.
"Alright, let's do as you say," Qi Yun nodded with a smile.
Cao Yufei handed him a cigarette again and said, "Since it's business, and you're putting up five million, let's sign an agreement to make it easier on your mind."
"Also, the money doesn't have to be transferred to the factory's account all at once. Just do it in installments as the orders are finalized."
"Moreover, I have existing warehouses in the factory. We'll clear out a few specifically for storing the Tufuling. You should arrange for someone trustworthy to guard it and also handle the inventory logging."
"..."
Cao Yufei added some more details, and Qi Yun listened, nodding frequently, silently admiring the meticulous and capable mindset of the other man.
As he said, when it comes to business, even though they hit it off, they had only met twice. Given the five million at stake, they definitely needed to sign an agreement for complete reassurance.
Soon, Cao Yufei drafted the agreement on the computer, and each party held a copy.
After signing the agreement, he instructed the remaining three employees on some factory matters, then took Qi Yun to visit a herbal merchant.
This herbal merchant had his own shop, filled with the unique scent of mixed Chinese herbs.
The owner, a portly man in his fifties, had the sharp look typical of businessmen.
Upon seeing Cao Yufei, he immediately wore a bitter expression, speaking first, "Boss Cao, you're here again. I really can't handle those herb stocks of yours. You'd better look elsewhere."
Qi Yun, hearing this, silently glanced at Cao Yufei, realizing the man was indeed having a tough time.
Cao Yufei was unfazed, chuckled, and explained, "Boss Li, I'm not here to pitch you herbs today, but to ask how much Tufuling you have."
"Tufuling?" Boss Li was taken aback, asking suspiciously, "You're looking to buy this stuff?"
Cao Yufei nodded, "That's right, this is my friend, President Qi. He's looking to purchase a batch of Tufuling."
Upon hearing this, Boss Li's face brightened with a smile, "So it's President Qi, my apologies."
"Speaking of Tufuling, I do have some in the warehouse. How much is President Qi looking to buy?"
Qi Yun smiled at him, "I'm looking for a large quantity. How much do you have?"
Boss Li's eyes darted around, he replied, "To be honest, President Qi, the amount of Tufuling in my warehouse isn't much, maybe around eight to nine hundred kilograms."
"But if you're in a hurry, I can get one or two more tons from friends."
Qi Yun nodded in response but didn't say anything, instead turning to look at Cao Yufei.
Cao Yufei cleared his throat, smiled, and said, "Boss Li, why don't you take us to the warehouse to have a look at the stock first?"
Boss Li quickly nodded, smiling all the while, "Sure, Boss Cao, President Qi, please follow me."
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