"More than 8,000 pound... that should be about 33,000 batteries, right?" Xu Duo wasn't too sure, but based on the weight, that was roughly the number. "Let's not ship tomorrow. Better to sell more the day after. But... can He Dong manage the cash flow?"
Cash flow! That was her biggest headache right now. She needed to scrape together 18 million yuan before the Lunar New Year, and there were only 18 days left! She gave her head a light shake and forced the thought aside—for now, she was still feeling pretty pleased.
Luckily, the single-room unit she rented was on the first floor, with a small open space in front. The car could drive right up to the door. Otherwise, just unloading the batteries from the car would've been a massive job. Even so, it still took a lot of effort. Those were extra-large boxes, each weighing over 800 pound when full. She wasn't a weightlifter—there was no way she could carry them by hand. Fortunately, she'd bought a hydraulic pallet jack and a loading rack in advance; otherwise, even unloading the cargo would've been a problem.
Refurbish! Refurbish!
"198,000... Yeah, that confirms it—33,000 batteries!" Xu Duo was already very experienced. The refurbishment cost per 80% new battery was 5 yuan, and for 85% new, it was 6 yuan. "Including the 32,500 units I already had in stock, that brings the total to 65,500 batteries!"
Looking at the tiny 10+ square meter rental room, now stuffed full with box after box of batteries, she changed her mind. She wouldn't wait two days. She'd sell off a portion tomorrow—there was just no room left. She immediately called He Dong to explain the situation, then got to work organizing the batteries. She stacked them neatly to reduce the number of boxes needed. An extra-large box could hold 4,000 batteries, about 1,000 pound. This way, all over 60,000 batteries were sorted into just seven giant boxes.
The next day, exactly 11:00 a.m.—
"Xiao Lu, Xiao Li... Why are you two just standing there? What are you watching?" He Dong didn't lift a finger to help but instead barked orders at his two underlings. "Xu Duo… Don't worry about them. Let's go have a smoke. Two guys are enough to move everything."
"By the way, did you bring the Chunghwa? Let's go smoke over there—we can talk some business too." He Dong motioned to the side.
"…" Xu Duo felt a little guilty, but considering the cramped space, three people working would just get in each other's way, so she gave up the idea of helping. "I bought a whole box—50 cartons—they're in the car!"
"Mm." He Dong smiled slightly and patted Xu Duo lightly on the shoulder, looking a little embarrassed. "Honestly, I feel bad. I've been calling customers all night to collect payments just to raise the money. But with only one night, I couldn't gather much—only scraped together a little over 4 million yuan."
"But don't worry. I promise—no later than three days, I'll pay the rest in full. Does that work for you?" He quickly added.
"No problem!" Xu Duo understood the way Huashenbei operated. A lot of folks there ran big businesses—millions, even tens of millions in turnover—but if they suddenly needed a few million in cash? Not so easy to get it right away. "Brother Dong… how about this: I'll give them to you for 135 yuan apiece. As for how you sell them, that's up to you."
Discounted pricing! The batteries were selling for 140 yuan on the market. She was giving up 5 yuan profit per unit. This way, He Dong could break up the shipment and sell the 45,500 batteries in bulk, making 5 yuan profit per battery—pretty lucrative.
"This..." He Dong was clearly tempted, but he had his reservations. "85% new original disassembled batteries like these are hot items—tons of people are desperate for them, and I've got strong demand on my end too. If I resell them, it'd really pain me."
"I can get one batch, I can get a second, third, and fourth..." Xu Duo gave a mysterious smile, full of confidence. "Let's work together and win together—there's more than enough profit to go around."
"Deal!" He Dong immediately relaxed once he knew there'd be more in the future. "From now on, whatever goods you get—batteries, screens, anything in bulk—if you give me a bit of margin, I'll help move them for you and take a smaller cut."
"It's a deal!" That was exactly what Xu Duo had been waiting for. In business, relationships were everything. She could sell the goods herself—it wasn't like good products were hard to sell—but it was too much trouble. Giving He Dong a bit of profit meant she could move large batches effortlessly, and the profit margins were still very good. "From now on, I'll mostly focus on screens and batteries. The rest depends on what opportunities come up."
"But Brother Dong, when it comes to payments, I still prefer cash transactions—payment upon delivery. If I bring the goods over in the morning, it'd be best if you can pay by evening."
"If I'm reselling in smaller batches, no problem—payment upon delivery guaranteed!" He Dong waved confidently. "So this batch is 45,500 units, right? That comes out to 6.2 million yuan. I've already sent you 4.3 million—here's the remittance slip. The remaining 1.9 million, I promise I'll transfer it before 10 p.m. tonight."
"Come on, bring the cigarettes. Let's go upstairs. Yesterday I made some calls and got my hands on some scrap screens. If I'd acted sooner, I could've gotten more." He Dong was always decisive—he meant what he said and did what he promised.
"Great!" Xu Duo responded with a smile, full of anticipation. She was curious how many scrap screens he managed to get—after all, they were exchanged for cigarettes, and the profit margins were insane.
…
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