Chapter 802 - 300: Menacing Yu, Subdued by Yang Chen_2

Chapter 802: Chapter 300: Menacing Yu, Subdued by Yang Chen_2

Why do they think the designs are rustic and bizarre, yet consumers love them?

At this moment, those proud designers began to doubt their own expertise and capabilities.

Soon, Arnold received a report from his secretary, learning that the few items designed by Yang Chen were selling like crazy.

Arnold quickly called Yang Chen.

Arnold: "Haha... Congratulations, Mr. Yang, congratulations. I didn’t expect Mr. Yang to have talents in design. The few pieces you designed have become hits."

Yang Chen: "Just lucky, that’s all."

Arnold: "This isn’t luck, it’s Mr. Yang’s true skill. So, I propose that we give Mr. Yang the deposit from all customer pre-orders as of 12 PM Dragon Country time, as your design fee. What do you think?"

Yang Chen: "Is this okay? Will the group still make money?"

Arnold: "Haha... All our products have more than ten times profit, so giving you 30% of the deposit as a design fee doesn’t impact our profit margin much."

Wow, no wonder luxury brand items don’t look that great but sell so expensively.

It turns out each product must guarantee at least ten times profit, if that isn’t a huge profit, what is it?

Yang Chen wouldn’t be polite then, there’s no reason to freeload his design results.

Yang Chen: "Haha... Okay! Then we’ll go with Mr. Arnold’s suggestion."

Arnold: "Haha... Okay! I’ll ask finance to settle it first, and then transfer it to your Swiss Bank account. Is that okay?"

Yang Chen: "Okay! It’s decided then, I still have to deliver meals, won’t talk more."

Arnold: "Alright. Ah? Deliver meals? Aren’t you a rideshare driver?"

Yang Chen: "Main job is rideshare driving, meal times I deliver food part-time. Hanging up, I’m busy."

Arnold was dumbfounded, no wonder Dragon Country caught up with 200 years of Western development outcomes in just 40 years.

Yang Chen is so wealthy yet works so hard, holding two jobs himself; imagine ordinary workers are even more diligent. How could such a country not rise?

Take the steel ball bracelet for example, priced at 81,000 yuan, 10,000 pre-orders, 30% of the deposit is 246 million, Yang Chen’s design copyright fee can be said to be astronomical.

Plus the year-end bonus, the haphazard few product designs by Yang Chen could bring him over 2 billion in income.

Luxury goods, so easy to earn from!

After lunch, Lin Yiren also saw the news online.

She immediately called Yang Chen.

"Dear, you’re amazing, those designs really took off!" Lin Yiren said excitedly.

Yang Chen: "I said products from luxury brands like LV couldn’t be too mediocre, must have enough personality. Those designers foolishly didn’t figure it out, still bet with me."

Lin Yiren: "Hehe... That’s their limited ability, not as clever as you, dear. Dinner together tonight, I want to reward you."

Yang Chen: "Reward me with what?"

Lin Yiren: "Reward you with push-ups."

Yang Chen: "Hm? Isn’t that rewarding you?"

Lin Yiren: "Hehe..."

...

Buffett and Gates settled their business in the United States, and came to Dragon Country Sea City again.

This time, they planned to go with Yang Chen to Southern Myanmar to finalize the investment in Jia Ye Mining Group.

Additionally, they’ve registered a company named "star.sky" in New York for gold and silver jewelry, also using this name for the product brand.

Currently, the company has opened a store in New York, although it’s not very big.

Buffett and Gates’ idea is for Yang Chen to register a shell company, acquiring the S&S Dragon Country agency rights, then start expanding stores within Dragon Country.

However, since the brand is just starting, Yang Chen needs to start from scratch in Dragon Country.

Design — Production — Channel setup — Sales — After-sales service, Yang Chen needs to complete the entire chain himself.

Yang Chen feels there’s no need to create a shell company agency, instead follow LVMH Group’s model to establish Dragon Country Headquarters in Sea City, managed by people Yang Chen appoints, to handle Dragon Country business from design to after-sales.

Once the Dragon Country market stabilizes, Yang Chen will expand business to other Asian countries, while Buffett and Gates handle markets outside the Asian Area.

After the three agreed, Yang Chen sent Zhang Lijun to accompany Buffett and Gates to Southern Myanmar.

Although Yang Chen is the actual controller of Jia Ye Mining, he has never shown himself, Zhang Lijun is his agent, and the money made is transferred to his Swiss Bank account.

That way, even if Jia Ye Mining and Zhang Lijun gets into trouble, Yang Chen won’t be implicated.

Unless one day Swiss Bank stops keeping clients’ information confidential and reveals Yang Chen’s account details.

But this day should never come, unless humanity goes extinct.

Early in the morning, various news websites and apps suddenly started hyping up news about Eastern Education Group.

"Due to national policy prohibiting extracurricular tutoring, Eastern Group completely suspends classes, Yu suspected of running away with funds, employee salaries unpaid."

"Stores closed, teachers unreachable, thousands of students have no way to get a refund, Eastern Group is on the brink of collapse!"

"Over a dozen parents hold banners in front of Eastern Group’s stores crying, their children paid tens of thousands in tuition, now no classes, fees not refunded, it’s truly a human tragedy."

...

After this wave of news exposure, Eastern Group’s stock price undoubtedly plummeted at market opening, dropping by 23% within half an hour.