Volume 1 Chapter 80 (1/2)

Shameless

Xu Yi immediately said with a smile, “To receive special admission rights into the Business Union, naturally I am flattered. But president Rank, I have only heard of the Business Union, what are the exact details of the Business Union? For example, if our Frestech Chamber of Commerce joins the Business Union, what rights will we get? What duties will we need to fulfill?”

President Rank laughed before waving his hand and saying, “Chairman Xu, there is no need to be nervous. Actually, our Business Union is just to join the large companies in Banta City to let everyone develop together. This is much better than working alone, don’t you think?”

“I do agree with this. But president Rank, this so called developing together, what does it specifically involve?” Xu Yi kept asking.

“As for the specifics, it’s having a close business relationship with the companies of the Business Union and not blindly competing with each other, like raising prices or stealing resources. Other than that, we also share resources and information, giving members preferential treatment. For example, if your Frestech Chamber of Commerce joins the Business Union, you will be able to receive a preferential price when buying pig iron from the Falcao Chamber of Commerce.”

Chairman Morgan gave a slight nod, “That’s right. If chairman Xu’s Frestech Chamber of Commerce joins the Business Union, our Falcao Chamber of Commerce will give you a preferential price when it comes to selling pig iron. I can’t give you a specific number yet, but I can guarantee it is close to 5% cheaper.”

“5%?” Xu Yi couldn’t help smiling.

The Falcao Chamber of Commerce raised the price by 10% and now the preferential price is only a 5% discount.

Compared to the initial price, it was still much higher.

Thinking of this, Xu Yi gave up this question and asked president Rank, “This is the resource sharing, but what about the information sharing?”

“As for information sharing, that is much more complicated.” President Rank thought for a bit before pointing at a rich looking fat man who had the same smile as the Buddha back on earth, “Let’s talk about it with chairman Vincent’s Armani Chamber of Commerce and my Sarank Chamber of Commerce. The Armani Chamber of Commerce’s main business is fabricating cotton and a part of the high end cotton produced is used in my Sarank Chamber of Commerce’s product. So the Armani Chamber of Commerce shares information with our Sarank Chamber of Commerce, helping us understand the needs of high end customers, pairing them with expensive clothes and precious jewels.”

Xu Yi gave a slight nod, “I mostly understand. In short, this is also a type of resource sharing, but the resource is information on customers.”

President Rank revealed a smile, “Chairman Xu really is an intelligent person, now wonder you could develop the Frestech Chamber of Commerce so far in a short period of time.”

“President Rank is too generous with your praise. But president Rank, our Frestech Chamber of Commerce’s products are magic machines and our customers are normal people, so we don’t have any resources to share. Of course, if everybody wishes to purchase products from our Frestech Chamber of Commerce, I can give you a satisfactory preferential price.”

“Chairman Xu is joking.” President Rank shook his head with a faint smile, “Your Frestech Chamber of Commerce’s most valuable resource is not your magic machines, but rather……” After saying this, president Rank paused before saying with a serious expression, “The technology needed to make those magic machines. Chairman Xu, do you understand what I mean?”

Xu Yi couldn’t help sneering in his heart.

Of course he understood what president Rank meant.

According to what president Rank said, all the companies in the Business Union needed to share resources and he had classified the magic machines produced by the Frestech Chamber of Commerce as resources. This meant that he clearly wanted him to share the technology for producing them.

Towards this idea of president Rank, Xu Yi had only one word.

Shameless!

That’s right, it was shameless!

If this was earth, what was the most important thing to a company? Some people thought it was money, some people thought it was talented people, and some thought it was management, but Xu Yi was clear on the fact that the most important thing to a company was its core technology.

This meant that as long as they had core technology, a business had hope. Whether it was funds or talented people, they could do without them. As long as they didn’t lose their core technology, they wouldn’t lose their foundation and would have a hope of rebounding.

President Rank immediately asked Xu Yi to give the Frestech Chamber of Commerce’s core technology, if this was back on earth, it would be strange if one wasn’t met with a string of curses.

Of course, this was the Sines Continent. Xu Yi didn’t have the right to curse president Rank just yet, so he could only remain silent.

His eyes looked over the other five people and Xu Yi could see the greed that they weren’t hiding at all on their faces.

Xu Yi gave another cold laugh in his heart. Even though he had already known that tonight’s banquet wasn’t going to be good and these fellows didn’t have any good intentions towards him and the Frestech Chamber of Commerce, he never thought that they would be so open about it, not hiding it at all.

As the president of the Business Union, this Manhattan Rank immediately asked Xu Yi for his core technology. The people here must have already reached an agreement.

Thinking about it, Xu Yi wasn’t that surprised.