!From the period after liberation to the late 1970s, the country went through several major changes that made people panic. Even in the early days of reform and opening up, many people still held a wait-and-see attitude.
In addition to the self-employed individuals who were released from prison as mentioned earlier, families that owned many industries before liberation and transferred those industries overseas did not dare to enter the domestic market hastily.
It can be said that the late 1980s and the early 1990s were a blank period for many domestic industries. Those who entered those industries at that time all made huge profits.
Fang Yazhi was like this. His extraordinary vision and boldness allowed him to almost monopolize the domestic jade industry in the early to mid-1990s.
At that time, there was no price supervision in various industries. The raw materials of jade were cheap, and the price after processing could often increase ten times or hundreds of times. It was a hugely profitable industry, and it also helped Fang Yazhi accumulate hundreds of millions of net worth.
Under this circumstance, in order to establish the signature of a century-old store, Fang Yazhi spent nearly 10 million to open the flagship store of "Yazhizhai" in the newly built Panjiayuan.
Of course, the "Ya Zhi Zhai" head office in Liulichang is still preserved. After all, the hundreds of years of vicissitudes are just a plaque forged by the years.
After the opening of the new store, it further confirmed the leading position of "Yazhizhai" in the domestic jade industry.
"Ya Zhi Zhai" in Panjiayuan not only does retail business, but also attracts customers from all over the country to purchase goods. Fluctuations in the jade market in "Ya Zhi Zhai" can often affect the jade industry across the country.
However, this good situation only lasted a few years.
After entering the mid-1990s, not only some old antique dealers in Beijing were eyeing the jade industry, but also the traditional jewelers on Hong Kong Island were interested in getting a piece of this cake.
The monopoly of jade mines in the Xinjiang region was quickly broken by powerful merchants, and various mid- to low-end and high-end jade jewelry stores sprung up in every corner of the capital.
As a result, faced with the rising prices of jade raw materials and fierce competition, Fang Yazhi's share of the Jade Kingdom quickly shrank and faced a huge test in the market.
Although it entered the market early and "Ya Zhi Zhai"'s position in the domestic jade shop is still very stable, the impact from major jewelers in Hong Kong and Taiwan has also made Fang Yazhi feel a lot of pressure.
Because Fang Yazhi's previous stall was too large, the funds were slowly withdrawn, and some decisions were made incorrectly, which once caused "Ya Zhi Zhai" to have cash flow difficulties.
Fang Yazhi is also a decisive person. He immediately transferred dozens of domestic branches and cashed out hundreds of millions of funds, stabilizing several stores in the capital.
However, Fang Yazhi is a person unwilling to be lonely. From being the leader in the domestic jade industry in the past to sticking to this odd place in the capital, Fang Yazhi was not willing to accept it, so he began to look for other opportunities.
In 1995, Fang Yazhi came into contact with jade jewelry during an inspection trip to Guangdong Province. He was fascinated by this kind of jade that is beautiful and valuable in green, and he sensed huge business opportunities in it.
So Fang Yazhi personally went to Myanmar, the origin of jade, to conduct an inspection. After conducting many market analyses, Fang Yazhi decided to launch mid-to-high-end jade jewelry in "Ya Zhi Zhai".
This kind of jade, which was once loved by the Empress Dowager Cixi and Song Meiling, received strong feedback from the market as soon as it was launched. Especially the bright green cat's eye ring is sought after by many nouveau riche.
"Ya Zhi Zhai", which had been dormant for several years, finally became proud again thanks to the strength of the jade market. This made Fang Yazhi excited and began to prepare for a rainy day.
Raw materials are a very important part of the jade business. Without a good supply of raw jade, no matter how strong the distribution channels are, it will be difficult for a skilled woman to make a meal without rice.
Fang Yazhi's jade business was attacked a few years ago. It was because the raw material market in Xinjiang was jointly broken by many jewelers, which led to the collapse of his monopoly on the market.
After seeing the business opportunities in the jade market in the future, Fang Yazhi no longer wanted to make the same mistakes as before, so he thought about hoarding more high-quality jade rough stones. Even if someone entered the jade market in the future, he would not be as passive as before.
Already.
However, jadeite is different from ordinary jade in that its outer skin is wrapped by a layer of stone skin.
Before the stone skin is wiped off, no one knows whether there is jade in the rough stone. The saying "It is difficult for an immortal to break an inch of jade" should accurately describe the jadeite rough stone.
Therefore, since the 1930s and 1940s, jadeite has continued the custom of gambling on stones, which means that when customers choose stones, they can only choose based on the performance of the stone skin.
All stones are sold by the kilogram. If the rough stone that the customer buys has jade cut out of it, it is called a gamble. If there is no jade in it, it is a gamble that has failed.
Since the jade mine owners in Myanmar basically gamble on the rough stones they sell in order to avoid risks, businessmen from China and Southeast Asia have also participated in such transactions.
In Myanmar, this kind of transaction is also called "Jade Public Sale". As jade jewelry becomes more and more popular in China and Southeast Asia, the transaction volume of Jade Public Sale is also increasing every year.
The price of a single jadeite rough stone has skyrocketed from the initial few thousand dollars to tens of millions of dollars, attracting jade merchants and gamblers from all over the world.
According to Fang Yazhi's situation, as a channel dealer, he should buy the jadeite rough stones that have been gambled from those stone gamblers. In this way, although the price is much higher, he does not need to bear any risk of gambling.
But as mentioned before, Fang Yazhi is a very gambling person. He often relies on his own intuition to make decisions that others may not look very reliable, such as his decision to enter the jade market in the 1980s.
Anyone who loves gambling cannot resist the thrilling psychological impact of gambling on stones. The same is true for Fang Yazhi. He boasts that he has played with jade all his life and has an incomparable understanding of jade, so he has also joined the army of gambling on stones.
At first, Fang Yazhi was very restrained, betting hundreds of thousands of rough stones, making some profits and losing some. Overall, he made more money and lost less, which gave him a lot of confidence in his own vision.
In addition, since 1997, there have been more and more jade merchants in the country. This made Fang Yazhi, who was once squeezed out by his peers, feel a sense of crisis, so his actions in the stone betting market became more and more aggressive.
Bigger.
From hundreds of thousands to millions, from millions to tens of millions, Fang Yazhi can be seen not only in the Burmese jade public sales twice a year, but also in some small public sales held by Guangdong Province in China.
Must come to every venue.
However, things turned around, and by the time we entered the late 1990s, good luck seemed to have left Fang Yazhi.
While pursuing high-quality jadeite raw stones, Fang Yazhi also invested huge amounts of money, but the results of stone cutting disappointed him time and time again. The nearly 100 million yuan in capital only resulted in jadeite worth 10 to 20 million.
But at this time, Fang Yazhi was completely addicted to the pleasure of "one knife in heaven and one knife in hell" of gambling on stones. He couldn't stop even if he wanted to. It wasn't until his bank account, including the store's working capital, was in crisis that Fang Yazhi woke up.
Came over.
When Fang Yazhi woke up and settled the accounts, he almost fainted. In just over two years, he actually spent 180-180 million on the stone gambling market, causing the business of "Ya Zhi Zhai" to collapse.
It is almost impossible to continue operating due to financial problems.
Now Fang Yazhi has a warehouse full of mid-to-high-end jadeite rough, but he has no money to process it, and he still owes his employees nearly one million in wages. Inside "Yazhizhai", people are now in panic.
Under this situation, Fang Yazhi could only further shrink the scale of sales operations.
Three years of rent for the Panjiayuan store plus personnel expenses have become a burden that Fang Yazhi urgently needs to deal with in order to save costs.
Boss Zhou and Fang Yazhi have known each other for more than 20 years. They are considered close friends. Naturally, they know the dilemma Fang Yazhi is facing. So after agreeing to Qin Feng yesterday, he inquired about Fang Yazhi's tone.
The result is what Boss Zhou and Qin Feng said. Fang Yazhi intends to change hands, but Qin Feng needs to negotiate with the other party about the conditions.
"So that's what happened?"
After listening to Boss Zhou's story, Qin Feng showed a wry smile on his face. The other party's plate was really too big. With only more than one million yuan in his hand, he wanted to buy this store.
It's a bit like a snake swallowing an elephant.
You should know that transferring a store involves more than just paying the rent. The previous investment in decoration and various facilities in the store must also be borne by the receiver.
In order to build the flagship store of "Ya Zhi Zhai" before, it invested nearly 10 million in the store. Even if 60% of the depreciation was taken out, Qin Feng still needed to come up with 4 million in cash, which Qin Feng could not afford.
Not only Qin Feng, but also Xie Xuan was silent at this moment. He and Qin Feng could put out about 400,000 yuan together. Even if one million from Shen Nan and others were added, it would be almost impossible to buy this store.
.
"Brother Qin, the store "Ya Zhi Zhai" is very famous in our antique shop in Beijing. You don't need to advertise it. I think it's worth spending more money."
Boss Zhou didn't know Qin Feng's family background, but thought that Mr. Qi's disciples must be well-paid, so he encouraged Qin Feng to take over the store.
After hearing what Boss Zhou said, Qin Feng thought for a while and said: "Boss Zhou, how about... let's go to the store and have a look. This matter cannot be decided in a short while."
"Okay, I'll take you to see it, Brother Qin. I'm sure you will be satisfied."
Boss Zhou stood up after hearing this. He had a very good relationship with Fang Yazhi, and he couldn't bear to see his old friend's store being forced to hold on. Now "Ya Zhi Zhai" only loses money for every day it opens.
