Chapter 39.1
The next morning at eight o’clock, Yi Feng and Wang Tie took the bus to No. 19 Heshun Road.
It was amercial and residential building along the street, called Heshun Building. Although it was called a building, it actually only had six floors and was rtively wide.
Yi Feng called Huang Guangyuan upon arriving downstairs, and soon after, Huang Guangyuan appeared at the entrance of the building, jogging over to greet Yi Feng and hispanion.
“Haha, Brother Yi Feng, hello!” Huang Guangyuan ran over and warmly shook hands with Yi Feng.
“Manager Huang, just take me to see the goods. If they’re not suitable, I’ll leave. I have other things to do,” Yi Feng said calmly, his words revealing ack of interest in theponents and no hurry to acquire them.
“Eh, yes, yes, the goods are in thepany, this way please, Brother Yi Feng,” Huang Guangyuan quickly gestured for them to follow.
Under Huang Guangyuan’s lead, Yi Feng and Wang Tie arrived at thepany on the third floor.
Thepany Huang Guangyuan worked for was called Shengxin Electronics Recycling Co., Ltd., specializing in the recycling of household appliances and electronic products.
Yi Feng understood the business model of suchpanies: buying electronic products with residual value from the primary market at low prices, such as old air conditioners, old refrigerators, old TVs, oldputers, etc., and then selling useful second-hand products to second-hand dealers or recycling them to electronics manufacturers, making a profit from the difference.
Because they could double the price of items bought at very low prices from the primary market, suchpanies were quite popr at the moment.
However, suchpanies required high working capital as some goods could not be sold immediately, leading to more inventory and making cash flow more difficult.
Therefore, they usually tried to sell the goods they collected as soon as possible to recoup the purchase cost and profit.
Upon entering thepany, the lighting inside was somewhat dim, with only a dozen employees, many of whom werezily resting on the tables.
Thepany’s first impression was one of lethargy and stagnation.
Yi Feng then looked into other rooms, which contained many second-hand electronic products, indicating a significant amount of unsold inventory.
No wonder they were so eager.
With a nce, Yi Feng could see thepany’s current predicament.
Too much inventory, poor staff quality, and poor management.
Huang Guangyuan led Yi Feng to a storage room filled with 25 CRT monitors and 25 disassembledputer towers.
“All the goods are here, please have a look, Brother Yi Feng!” Huang Guangyuan said with a smiling face.
Yi Feng nodded, picked up a motherboard to check thebel, which noted the production date and model.
Looking at thebel on the back of the case, he suddenly realized.
These were machines produced in 1997 by Gxy, capable of supporting AMD K6 chips and Intel MMX chips, and could also use SDR memory.
If theponents wereplete, this type of machine as new could have been valued at around 9,000 yuan in 1997, which was quite expensive at the time.
Of course, now 9,000 yuan could get a betterputer.
Such oldputers could basically y DOS games like “Legend of Sword and Fairy” and “Red Alert,” and were definitely machines phased out by inte cafes.
Yi Feng randomly checked a few more towers, finding them missing graphics cards, hard drives, or chips.
The monitors worked when plugged in.
Compared to the towers, monitors were not as prone to failure.
After a general inspection of the goods, Yi Feng was secretly pleased, realizing that only certain parts were broken and had been discarded by inte cafes, but repairing them was not difficult.
That is to say, if he fixed theseputers, they would be a batch ofplete second-hand towers!
Selling these 25 machines at the market price for second-hand towers could him a significant profit!
Yi Feng suppressed his excitement and put on a difficult face, turning to ask, “Manager Huang, there are too many missing parts in this batch of towers!”
“Each tower is iplete, and the goodponents have probably been taken, leaving only these bad parts that can’t be used. What can I do with this pile of scrap metal?”
While saying this, Yi Feng shook his head and sighed, showing little interest in the batch.
Huang Guangyuan also knew this batch was problematic; repairing it wasn’t worth it as the repair costs would be significant, and selling the machines might not even recover the costs.
But if sold as second-hand parts, who would buy a bunch of brokenponents?
“Ah, Brother Yi Feng, you said you wanted to research, right? We can sell these parts to you cheaply, and you can tinker with them however you like after taking them back!” Huang Guangyuan eagerly tried to retain him.
Yi Feng nodded, “Well, I won’t feel bad if they break, then. How much do you n to sell them for?”
“If you’re asking for 5,000 yuan, I’m leaving right now.”
Huang Guangyuan quickly smiled apologetically, “No, no, I’ve discussed it with the boss. If you take all of it, 4,000 yuan, we’ll sell it all to you!”
“4,000? That’s still too expensive. Where is this pile of scrap worth 4,000? I guess you bought it back for about 2,000 yuan, right?”
“How about this, a t price of 2,500 yuan, and I’ll take this pile of scrap off your hands,” Yi Feng casually said.
“Ah? 2,500?! Brother Yi Feng, you’re cutting the price too harshly!” Huang Guangyuan grimaced, clearly troubled.
He hadn’t expected Yi Feng to sh more than a thousand yuan off the price in one go; how could he bear this?
“No good? Then keep it, or maybe sell it as scrap metal for a thousand yuan or so.”
“Let’s go, Tie,” Yi Feng called out, ready to leave with Wang Tie.
Wang Tie secretly snickered; Brother Feng’s bargaining skills were truly masterful!
He had Manager Huangpletely at his mercy!
Huang Guangyuan, desperate, scratched his head and quickly stopped Yi Feng, “Brother Yi Feng, please wait, I’ll go ask the boss!”
After saying that, he turned and ran to the back office.
After he left, Wang Tie quietly asked, “Brother Feng, can we really buy this scrap?”
“Hehe, to others, it’s worthless and troublesome, but to me, it’s treasure. They can all be fixed, and with some additionalponents, they’ll be perfectly good second-handputers!”
“Tie, do you know how much such second-handputers can sell for?” Yi Feng teased.
Wang Tie curiously asked, “Brother Feng, how much?”
Yi Feng chuckled, “At least 3,000 yuan each, maybe even more!”
“Ss!”
Wang Tie gasped.
If all theseputers were repaired and sold as second-hand, wouldn’t the profit be dozens of times greater?
At least
3,000 yuan per machine, with twenty-five machines, that’s over seventy thousand yuan!
Just thinking about this number excited him beyond measure.
He had never seen so much money in his life!
Seeing his excited expression, Yi Feng quickly raised his hand to hush him, “Don’t get too excited, stay calm.”
“Mm!” Wang Tie took a deep breath and calmed himself.
After a while, Huang Guangyuan ran back, smiling at Yi Feng, “I just asked the boss, and he said it’s okay, 2,500 yuan it is!” ———- Support the Trantion! ??? Your donations not only show appreciation but also keep the trantor motivated! Every contribution helps continue bringing you more of what you love. Thank you for being a part of this journey! ?? /maxoofie