Chapter 69: The Jade Society

  "After some thought, he said: 'So to speak, the Lin family's demand for jade can account for one-fifteenth to one-tenth of Myanmar's annual jade trading volume. Such a large quantity should be directly negotiated with the Myanmar side.'"

  Lin Hui nodded and said, "What you said is right. Every year, the Burmese government invites the Lin family to participate in the jade auction, and of course, we can also directly purchase jade. However, the mainland's Jade Guild specializes in jade trading, and their influence in the industry on the mainland is unmatched. If we don't choose to cooperate with them, it's impossible to get enough good-quality jade."

  Zhang Jun frowned: "This is completely unreasonable. The Myanmar side wants to maximize its interests and will not allow the Jade Association to dominate."

  Lin Hui nodded: "You're very accurate, the Feicui gang and the Burmese side are actually wearing the same pants. According to the intelligence gathered, the Feicui gang and the Burmese side have a close relationship and should have a mutually beneficial alliance."

  "It's no wonder, it seems that the Burmese side is 80% to 90% likely to use the power of Feicui Bang to control the second and third tier markets in the jade industry, earning more profits. With scarcity comes value, as long as you grasp the right techniques, the same amount of jade can be sold at a higher price."

  Lin Hui nodded in agreement, nodding repeatedly: "You're right, over the past decade, the price of jadeite has risen nearly twentyfold, and it's becoming increasingly rare to see high-quality jadeite on the market."

  Zhang Jun's heart skipped a beat as he hastily asked, "Uncle, does this mean that people outside of the Feicui Guild can't buy sufficient amounts of jadeite?"

  "It's not entirely like that, after all, the jade market is so big, the Jade Gang can't cover the whole sky. As long as it controls more than 40% of the goods, it can basically control the entire mainland market. The remaining 50% or more shares will be divided among other major forces. For example, Hong Kong's jade shops, Singapore's stone associations, etc. In the end, only about 30% is left for individual traders to take." Lin Hui obviously has a very deep understanding of the jade market, and the information he provides is not something that ordinary people can obtain.

  Zhang Jun felt a slight relief in his heart, thirty percent of the goods were enough!

  Lin Hui continued: "Actually, for many years, the jade of Lin's family has had two sources. 70% comes from the Jade Gang and 30% is obtained through the Burmese public disk. It's just that to get that 30% of jade, the risk is too great, often investing ten parts can only get five or six parts back."

  Zhang Jun understood the meaning of this sentence, Lin Xian had told him that more than 50% of Myanmar's jade is sold in the form of ming material, 20% is sold as half-gambling material, and only about 20-30% of the material is sold in the form of full gambling.

  It can be inferred that the retail investors bought mostly semi-finished and finished goods. Among them, there are many ways, such as open bidding and secret bidding, etc., buyers often have to spend more than twice the price to buy the desired goods.

  It can be said that the Burmese side has maximized its profits, successfully pushing up the price of jadeite time and again. This situation has also led to a surge in mainland jadeite prices.

  "So, as long as we can sell off about thirty percent of that cargo, it should meet the Lin family's needs." Zhang Jun said.

  Lin Hui shook his head: "It's too difficult, if we buy from that 30% of the source, it's basically impossible to make money, because the cost is too high. In fact, the mainland accounts for about 70% of the world's jade sales, and more than 80% of the jade is processed in the mainland. Under this circumstance, Myanmar naturally wants to control the downstream market of jade. The establishment of the Jade Gang is reasonable, it exists, others can't get a share."

  Zhang Jun smiled: "That's not necessarily the case, Uncle. I'll take care of the Lin family's jade supply, and we can also offer a discount on the price."

  Lin Hui's eyes lit up, and he no longer thought Zhang Jun was just talking big. He nodded and said, "Good, if you really have the ability to supply goods to the Lin family, the Lin family will also fully support you in return."

  Zhang Jun smiled and said, "The purpose of cooperation is mutual benefit."

  The two men didn't finish talking until 11 o'clock, and Zhang Jun left a very deep impression on his future father-in-law. When he was leaving, Lin Hui said to Lin Xian: "Xiao Xian, in the future when you go to Tianxing Jewelry to pick up goods, you can merge with Lin's Jewelry together, so that you can get even bigger discounts."

  Lin Xian was overjoyed and thanked Lin Hui before saying seriously: "Father, we won't let you down!"

  Lin Hui showed a kind and gentle expression, softly saying: "Xiao Xian, sometimes when Father does things, it's inevitable that he'll prioritize the family's interests, which might make you feel wronged and uncomfortable. But Father is always Father, forever thinking of his daughter, and when you need help, Father will be the first to stand up for you."

  Lin Xian rarely saw Lin Hui express himself so emotionally, her nose sour, eyes red, nodded vigorously: "Dad, I know."

  Lin Hui has a daughter and two sons, with Lin Yan being the eldest. The three children usually call Lin Hui "father", which is a rigid and serious title, from which it can also be seen that his usual family education is strict, almost inhuman.

  This "Dad" made Lin Hui's heart skip a beat, and he nodded: "Alright, you can stay or go about your own business, I won't bother you anymore."

  Finally, Zhang Jun left, but Lin Xian stayed behind. That night, the father and daughter had a heart-to-heart talk, and the barrier between them gradually disappeared. Meanwhile, Zhang Jun went to visit Professor Guo in the middle of the night.

  Liu Ling and Liu Ziguo are going to pick up a painting tomorrow, although they don't know what the painting is, Zhang Jun knows it must be extremely valuable, otherwise Liu Ziguo wouldn't have come in person to collect it.

  As for calligraphy and painting, he is still an outsider, it's necessary to bring Professor Guo along, so as not to have any accidents.

  It was already midnight, and Zhang Jun had called Professor Guo in advance, so he knocked twice on the door, and Guo Lan opened it, saying: "I've been waiting for you for half a day."

  Zhang Jun apologized and said: "I'm sorry to disturb you while you're estimating, I'm really sorry."

  "When did you become so polite?" Guo Lan said lightly, "Come in."

  In the room, Professor Guo was reading a book on the sofa. When he saw Zhang Jun coming in, he hurriedly waved his hand and smiled: "Zhang Jun has arrived, please sit down. You said you had something to find me about when you called earlier?"

  Zhang Jun nodded and said: "Guo Uncle, I'd like to ask you to go with me to a place tomorrow to appraise a painting."

  Professor Guo burst out laughing: "What a big deal, this is easy. Apart from ceramics, I'm most skilled at calligraphy and painting, so I can actually help you take a look."

  Zhang Jun smiled and said, "With Uncle Guo taking charge, I can rest assured." Then he took out a decorative box and handed it to Professor Guo, saying, "Uncle Guo, I don't have much to offer, so I'll give you this jade smoking pipe as a gift."

  Author's words:

  Here is the translation:

  "Talking about the recent update plan, for the next two days, there will be five chapters with 15,000 words each day. After that, there will be at least two chapters updated every day. Thank you for your support."

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