Chapter 127
Words:879Update:22/06/29 08:58:25
When the fans borrowed money from Qin Yi's mother, the other party would ask if they were Qin Yi's fans. Because the fans were young, they couldn't borrow money. One had to be at least 18 years old to borrow money, so many young fans took out their parents' identification cards and claimed that they weren't Qin Yi's fans. They just wanted to borrow money to repay their idol in the future. After all, mooncakes still needed raw materials, so their future 'mother-in-law' didn't earn much.
In just three months, Qin Yi went from a nobody to a rising star, and the price of a $100 mooncake increased to $178.
One mooncake increased by $78, so 10,000 mooncakes would be $780,000.
The difference in price was practically free money.
After tasting the sweetness, Li Yufang increased the loan to $100 million. She believed that with her son's future as a star, this $178 mooncake would definitely double.
Li Yufang's way of thinking was quite good. Not only did she sell mooncakes, but she also used the money that she didn't need for the time being to lend money.
Unfortunately, Li Yufang was too greedy. If she didn't borrow money for the mortgage, she wouldn't be bankrupt in the future. However, in order to earn more money, she actually went to borrow $50 million for the loan.
As Jing Qian looked at Li Yufang's cash flow, a smirk appeared on her face.
She didn't need the money that the original owner gave Qin Yi, but she had to return the $20 million that she borrowed. If she didn't return the money, then she could only use her own method to return the money.
Anyway, Li Yufang had money now.
At the 'Mother's Taste' mooncake factory, Li Yufang was wearing an elegant lady's dress and a jade bracelet that Jing Qian spent millions to buy for her. She was listening to the financial report with a gratified expression.
After the report, Li Yufang was very happy. "Great! That's great. Li Hu, can we still get financing? "
Li Hu was the financial director of the mooncake factory. Her eyes were filled with excitement as she said, "It's impossible to get financing from the official platforms. We're a small business and $50 million is the upper limit. However, we can still get financing from the smaller platforms. Although they aren't official platforms, as long as we are careful, it's still possible. "
"Then let's continue with the financing." Li Yufang decided.
"Cousin-in-law, allow me to say something. Although Ah Yi's career is very smooth, we started in the name of love after all. The quality and taste of mooncakes are the key to the development of our business. Previously, when our fillings supplier changed, the quality of the mooncakes changed as well. I think we shouldn't bother with mortgage financing anymore. We should focus on mooncakes. While the situation is good now, we should change the fillings back. This way, when Ah Yi's momentum is good, we can make a lot of money. If something happens, we can use the reputation and brand of mooncakes to attract other consumers, right? "
"I think Third Brother is right. After all, Yi's career depends on youth. Since our brand has already been established, we shouldn't always target fans. What we need is a good brand to expand the market. "
Most of the executives present seconded the motion, but a minority still stood on Li Yufang's side.
However, Li Yufang waved her hand and rejected their words.
"I'm the chairman of this company. I have the final say in this matter! If we don't do it when we have the opportunity to leverage a huge sum of money, when will we do it? "
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
