Volume 5 Chapter 16 (1/2)
In just half an hour, the doubts and worry in chairman Rigg’s heart completely vanished.
After meeting the chairman of the six Magic Fan companies, Xu Yi simply chatted with them before immediately entering the main topic.
What the six chairmen didn’t expect was that Xu Yi really was here to bring them benefits this time.
Xu YI told the six chairmen that the Frestech Chamber of Commerce was prepared to spread the household magic machines to other countries on the Sines Continent. Right now, their biggest goal was the Candra Empire.
But Xu Yi said that the Frestech Chamber of Commerce’s current production was limited, so even if they could open the Candra Empire market, it would be hard for them to satisfy the large needs of the Candra Empire.
So he wanted to work with the other companies that produced household magic machines, having everyone enter this market.
For the Magic Fans, Xu Yi had chosen these six companies. He was prepared to give a portion of the Frestech Chamber of Commerce’s orders to these six companies to fulfill.
Hearing Xu YI’s proposal, including chairman Rigg, all of the six chairmen had complete looks of disbelief.
Even if the Frestech Chamber of Commerce’s production capacity wasn’t enough, they wouldn’t need to worry at all if they got orders, alright?
Their production capacity wasn’t enough? Wasn’t that simple, they could just open more factories and recruit more workers!
For the Frestech Chamber of Commerce with their strength, this was a piece of cake!
The six chairmen didn’t understand what Xu Yi was thinking, when Xu Yi even took out the contract for them, they still couldn’t believe it.
If Xu Yi didn’t have any schemes and was a saint, then he was simply the saviour of the world!
Although the Lampuri Kingdom developed quickly and the demand for household magic machines in the kingdom kept increasing, the Lampuri Kingdom was a small kingdom in the end and there was a limit to their internal demand.
There were many magic machine companies that followed the trend that appeared, so there were already seventeen companies producing Magic Fans in the Lampuri Kingdom. The Lampuri Kingdom’s market was filled, so it was hard to develop any further.
These six companies had some unique technology, so they were just a bit better than the other companies.
They could develop quickly in the first few years, but it could be seen that after a few more years, when the Lampuri Kingdom’s internal market was saturated, they would quickly meet a bottleneck,
But now Xu Yi appeared and claimed that he wanted to lead them to a wider market!
For these six companies that struggled to develop in the future, wasn’t this a saviour showing up for them?
“Chairman Xu, why are you doing this?” The six chairmen’s hearts were filled with doubt, but chairman Rigg was the one who asked.
“Because your companies have put time and money into research, so I favour you.” Xu Yi replied with a smile, “I’ve always insisted that technology is the number one core of development. As long as you invest heavily in developing technology, you will be able to develop for a long time. Compared to the other Magic Fan companies, you six companies understand this better and have better foresight, so I’m willing to work with you. Or perhaps…..willing to help you.”
Xu Yi’s reply was this direct which made the six chairmen dispel their doubts.
Right, with the strength of the Frestech Chamber of Commerce, would the Frestech Chamber of Commerce care about their six small companies?
Unique technology?
What a joke! With the massive research ability of the Frestech Chamber of Commerce, if they were willing, they could easily develop their so-called unique technology and make it even better.
However, the Frestech Brand Magic Fan that was released on the market this summer didn’t have any of the technology the six companies had, it was clear that they had left some space to survive for them.
Just based on this, they could see Xu Yi’s sincerity.
After thinking this through, the chairmen of the six companies finally put down the stone in their heart and began seriously considering the proposition that Xu Yi had made.
As for the final result, both sides were naturally happy about this discussion.
In the final contract they signed, when the Frestech Chamber of Commerce received orders from outside of the Lampuri Kingdom and the Rudson Kingdom, they would give a portion of the Magic Fan orders to these six companies.
And these six companies had to invest no less than a hundred thousand gold coins each year into developing technology related to Magic Fans.
At the same time, the Magic Fans of the six companies had to follow the standard of the Frestech Chamber of Commerce, they couldn’t go against it secretly.
These two conditions were nothing for the six companies.
The reason why they could make this breakthrough in the Magic Fan technology was because they were willing to invest.
Although a hundred thousand gold coins a year was more than they were currently investing, it wasn’t too high for them and they could accept it.
Not to mention that this would be very helpful to their development, so they had no reason to reject.
As for the other condition, it meant nothing.
Right now all the magic machines were invented by the Frestech Chamber of Commerce, the other companies only received that technology from transferring it from the Frestech Chamber of Commerce. As for the production lines and the standards, they had all learned them from the Frestech Chamber of Commerce.