Ch. 21Market Reaction
Key Plot Points and Events
- Hai Lu Feng Company's elver seedlings start gaining market attention in November.
- The company has supplied 22.8 million elvers to the domestic market in just over a month, attracting orders from other elver seedling cultivation companies.
- A company in Goose City, specializing in elver cultivation and sales, struggles to compete with Hai Lu Feng Company's superior technology and survival rates.
- Zhang Xinming, the owner of the Goose City company, decides to sell elvers to Kagoshima Eel Company in Eastern Ying to circumvent Hai Lu Feng Company's dominance in the domestic market.
- Hai Lu Feng Company's elvers start affecting market prices, but the price remains stable due to limited supply.
- By the end of November, several eel seedling cultivation companies react differently: some try to profit, some switch to raising eels, and others become middlemen. None consider acquiring Hai Lu Feng Company's breeding technology.
- Hai Lu Feng Company sells 15.2 million elvers in November, totaling 39.97 million yuan, with an average price of 2.63 yuan per tail.
- From September to November, the company sells 38 million elvers, with total sales reaching 100.32 million yuan, and an estimated net profit of 100 million yuan for the year.
Character Developments
- Zhang Xinming: Realizes the threat of Hai Lu Feng Company and decides to explore international markets to maintain his business.
- Li Zhou: Demonstrates responsibility by consulting Jiang Miao about a large order from an eel seedling cultivation company.
- Jiang Miao: Shows confidence in Hai Lu Feng Company's position and decides not to refuse the order from the eel seedling cultivation company.
Significant Themes
- Competition and adaptation in the market.
- The impact of technological advancements on traditional industries.
- International trade and market expansion.
Character Interactions
- Zhang Xinming and his family discuss their company's future and decide to sell elvers to Kagoshima Eel Company.
- Li Zhou consults Jiang Miao about a large order, demonstrating their working relationship.
- Zhang Bin finalizes a contract with Kagoshima Eel Company, showcasing his business acumen despite his youth.