Market Reaction

Entering November.

Hai Lu Feng Company's elver seedlings finally began to elicit a market response.

After all, since October, within a month and a half, Hai Lu Feng Company had successively supplied 22.8 million elvers to the domestic market and was continuing to increase production capacity.

It's important to know that the annual elver fishing season is from June to August. It was now November, and there were still elvers for sale. This situation immediately attracted the attention of some elver seedling cultivation companies.

Especially elver seedling cultivation companies in Southern Fujian and Lingnan, they quickly ordered a batch of elvers from Hai Lu Feng Company's salespeople.

Goose City in the Pearl River Delta.

A company specializing in elver cultivation and then selling elver seedlings, looked at the elver cultivation manual in their hands, along with the 10 kilograms of elvers and 300 kilograms of Sea Snow feed. The company owner and technician fell into silence.

"It is indeed elver, and it's elver with a specification of 0.1 grams. I didn't expect our painstakingly researched feed formula to become obsolete so quickly," the owner said with a bitter smile.

Lao Dong, the technician, also had a helpless look: "I went to several nearby farms that had purchased elvers to investigate, and found that Hai Lu Feng Company's formula is very powerful, guaranteeing a 95% survival rate for elvers."

"Dad, what do we do now?" The owner's son looked anxious.

After all, their company had previously relied mainly on cultivating elvers and selling elver seedlings. Now, the farms purchasing Hai Lu Feng Company's elvers almost all had a copy of the elver cultivation technology, and they no longer needed their elver seedlings.

The owner, Zhang Xinming, shook his head: "Don't worry. Judging from Hai Lu Feng Company's shipping time, they most likely have mastered the technology of artificial eel breeding. We can't compete with them in the domestic market."

"This is malicious competition," the young Zhang Bin couldn't help but blurt out.

Looking at his son's reaction, Zhang Xinming was a little disappointed: "You are still too young. What's the use of shouting and screaming here now?"

"But..."

Zhang Xinming narrowed his eyes slightly: "Now we have one more option. Bin, you immediately go to Eastern Ying. Didn't Kagoshima Eel Company want to purchase elvers from us before? Talk to them and offer them the same price as before."

"Dad, you mean selling elvers to the Eastern Ying people?"

"That's right. Elvers are not easy to transport, as they require specialized equipment and feed, while elvers are relatively easy to transport. Currently, not many people should have discovered that Hai Lu Feng Company has artificial eel breeding technology. We need to seize this opportunity to develop the markets in Eastern Ying, Ryukyu, and South Goryeo."

Soon, Zhang Xinming had someone place another order for 100 kilograms of elvers from Hai Lu Feng Company.

Clearly, Zhang Xinming was very shrewd. He had already guessed the current situation of Hai Lu Feng Company's insufficient production capacity.

The domestic market requires hundreds of tons of elvers every year. He didn't need to compete with Hai Lu Feng Company in the domestic market. Instead, he would find another way, utilizing the difficulty of transporting elvers, using Hai Lu Feng Company's elvers to cultivate elvers, and then exporting them to Eastern Ying and other places.

As for stealing Hai Lu Feng Company's artificial eel breeding technology, Zhang Xinming was self-aware. He had also tried artificial eel breeding before and lost over two million yuan.

Furthermore, he knew that many research institutions and companies in Eastern Ying were also working on artificial eel breeding projects, but they hadn't made much progress.

Therefore, he subconsciously believed that Hai Lu Feng Company's technology was definitely not simple and that the initial investment cost might be very high. He only had tens of millions in assets and couldn't afford high-tech ventures.

Clearly, this preconceived notion caused Zhang Xinming to miss an opportunity.

If he were to act now and secretly bribe some of Hai Lu Feng Company's farm employees, he might discover some secrets.

On the other side.

In the sales department office of Hai Lu Feng Company.

Li Zhou saw the sudden increase in the 100-kilogram elver order. He didn't take it lightly and called the salesperson responsible for the order to inquire.

He quickly learned that this was an order from an elver seedling cultivation company.

This put him in a difficult position. Feeling that this matter was very important, Li Zhou didn't dare to make a decision on his own and quickly called Jiang Miao.

Jiang Miao, who was looking at the farmland in South Lake Village, saw that it was Li Zhou's call and answered, "Li Zhou, what's the matter?"

"Boss, there's a large order for 100 kilograms of elvers today. I checked, and the other party is an eel seedling cultivation company in Goose City. Should this order be canceled?"

Jiang Miao thought for a moment: "There's no need to refuse. Deliver the goods to the other party."

"Okay."

The reason Jiang Miao didn't refuse was mainly because no matter what the other party wanted to do, Hai Lu Feng Company had the first-mover advantage.

Refusing the other party's order now would instead make Hai Lu Feng Company seem guilty.

A day later.

Zhang Xinming, who received the fish seedlings and feed, secretly breathed a sigh of relief.

He had been prepared for the other party to refuse.

He hadn't expected Hai Lu Feng Company to deliver the goods the next day.

This also made Zhang Xinming put away his other little thoughts. After all, the other party didn't care that he was an eel seedling cultivation company, which meant that Hai Lu Feng Company was very confident.

November 23rd.

Zhang Bin, who had flown overnight to Kagoshima Prefecture in Eastern Ying a few days ago, had already finalized the contract with Kagoshima Eel Company.

Fortunately, he had studied in Eastern Ying before, so he brought two employees and came directly to Kagoshima Prefecture.

The president of Kagoshima Eel Company also hadn't expected to be able to purchase a batch of elver seedlings, as winter was already approaching.

However, the president of Kagoshima Eel Company didn't think too much, assuming that Zhang's family business had encountered difficulties and needed capital turnover.

The two parties agreed on a price of 2000 dollars per kilogram of elvers (approximately 2000 tails), with Zhang's Fishery Seedling Company selling 400 kilograms of fish seedlings to Kagoshima Eel Company for a total price of 800,000 dollars.

To prevent the Eastern Ying people from backing out, Zhang Bin deliberately increased the contract's penalty for breach of contract.

Securing 400 kilograms of fish seedlings at this price, Kagoshima Eel Company thought they had gotten a great deal, so they didn't think too much and quickly signed the contract.

At the same time.

Hai Lu Feng Company's eel seedlings finally began to affect the market price of eel seedlings.

However, the current market price still remained at 27,000 yuan per kilogram.

After all, the domestic demand for elvers each year is 100 tons, plus the international market. With Hai Lu Feng Company's current production capacity, it is clearly not enough to cause the price of eel seedlings to collapse.

The end of November had not yet arrived.

Several eel seedling cultivation companies in the country had reacted, and their reactions varied.

Some, like Zhang Xinming, planned to use the opportunity to profit.

Some gave up competing and switched to raising eels.

Others became middlemen.

However, no one was considering the breeding technology. Apparently, the impression of the high difficulty of eel breeding technology still lingered in their minds.

This also led to the batch of elvers from Hai Lu Feng Company at the end of the month being completely booked before they even hatched.

In November, 15.2 million elvers were sold for a total of 39.97 million yuan, with an average price of 2.63 yuan per tail.

From September until now, the company has sold a total of 38 million elvers, with total sales reaching 100.32 million yuan.

It is estimated that sales can reach 140 million yuan before the end of the year.

This revenue has already covered the company's previous investments in the new breeding base, real estate purchases, and the cost of leasing fish ponds and farmland.

It is estimated that this year's net profit can reach 100 million yuan, which is, of course, before deducting the 35% personal income tax.