Blackstone Code-Chapter 216:

On Tuesday morning, Lynch held a shareholders' meeting.

Mark, Arthur, and other local investors arrived at his company's conference room, along with representatives from investors in Kurland City.

Although the meeting was called a shareholders' meeting, there were only eight people present. However, the term "shareholders' meeting" was not about the number of attendees.

Sitting in the chairman's seat, Lynch had everyone's attention. He reviewed the materials in his hand for a couple of minutes before focusing on the meeting.

"There are two main issues to discuss at this shareholders' meeting. The first is our development plan for the next phase…" Lynch said while observing the people around the table.

The representative from Kurland City looked uninterested but prepared to relay the meeting content accurately, with a notebook and pen in hand.

Mark still had a tired look on his face, but it was said that he had been doing well recently. He held a large number of food stamps, and his food factory had taken on the task of producing food. For people at this stage, food stamps were equivalent to money. Every bag of food that Mark's factory produced was money, and his factory was like a money-printing machine, spewing out cash.

Lately, he had been getting very close to two female hosts from the Sabin City TV station. Judging by his tired appearance, those two women weren't easy to handle. It was a pity for the ordinary people who revered these two female hosts like goddesses. The news anchors, whom they dared not disrespect even in their thoughts, battled with Mark late into the night every night and fell into a deep sleep with some unknown slimy fluids on their faces.

The local investors showed little expression, with more or less a hint of worry on their faces. This financial tsunami had caused them significant losses, and everyone was having a hard time.

Arthur, who looked unassuming, was a smart man. He and Lynch shared few glances, although everyone in the room knew their relationship was not ordinary.

After looking away from the last person, Lynch started the main topic of the meeting.

"You all have seen the rapid development of the Interstellar Trading Company. Even during the pre-strike period, our work didn't stop. This strike has proven my model's success, so we weren't much affected by it."

What he was talking about was the cooperation employment model. In this employment model, everyone was his partner, not his employee. If they went on strike, it would only affect their own interests. Lynch wouldn't suffer any loss; the only ones who would lose out would be themselves.

This allowed his company to operate normally and navigate the strike crisis in an unimaginable way.

Everyone around the table nodded, unable to deny this.

Lynch paused briefly before continuing, "our company will enter a faster development phase next. The double blow of the strike and economic problems will make it hard for most families to sustain themselves. Their demand will increase, but their budget will decrease, and a large number of goods will enter the market."

"Not just ordinary families, but some factories and capitalists will go bankrupt too, becoming our targets."

"Buying more goods at lower prices and selling them at a profit, the risk we will bear is only a short-term tie-up of capital."

"But here arises a new problem: if our acquisition speed exceeds our sales speed, a lot of capital will be tied up in inventory, which is unacceptable to me."

"So I have an idea: to split our primary business of second-hand goods auction into separate entities—second-hand goods trading and second-hand goods auction…" ṟàꞐꝊΒĚs̩

As he said that, a temporary secretary began distributing materials Lynch had specially prepared, detailing the potential effects and possibilities of the business split.

Lynch's materials were impressively detailed, featuring seemingly authentic and thorough research data and intuitive charts.

Research had shown that people in roles like bosses lacked the patience to scrutinize every word and preferred direct visuals, such as bar charts and graphs.

"After the split, ordinary second-hand trading will not occupy much of our capital. We only need to provide the venue and charge various fees."

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"Meanwhile, by studying the auction records, we will focus on valuable items that bring more profit."

"This way, we won't waste limited funds on possibly unsellable items, making the auctions more professional and profitable."

He emphasized, "in fact, we are not just splitting the business but also the audience."

After saying this, he gave everyone some time to understand and think it over. This was a plan he had been considering for a long time.

Currently, the biggest drawback of the auction was the mix of high-end and low-end bidders. Sometimes, low-end bidders would disrupt the auction of valuable items by driving up prices too quickly.

In auctions, rapid price increases were not good. It may seem like many were competing for an item, making it appear in demand, but it could deter some from bidding further.

Even when there weren't many bidders left and the price hadn't reached some people's limit, they would still believe that if they placed a bid, the other party would continue to follow suit.

Conversely, auctions with fewer bidders and gradual price increases would typically perform better.

By directing low-end consumers to the trading fair and high-end bidders to more profitable auctions, these better-targeted operations would yield higher profits.

After discussing with his colleagues, the tall, thin man asked, "How do you plan to manage the trading fair?"

Lynch pointed to the materials, "Even if you didn't ask, I would explain." After a few seconds of eye contact, Lynch continued, "Please turn to page 17…"

As the pages turned uniformly, Lynch elaborated, "I noticed our city, and other cities, lack a formal second-hand trading center."

"Most second-hand transactions occur in dirty, poor areas, and many items are stolen goods."

"We only need to do three things: standardize, legalize, and centralize!"

"Our profits will come from these aspects: ordinary booth rental fees, sales commissions, and insurance services…"

Lynch explained everything in detail, as if he had done extensive work and research to reach these conclusions.

Thus, these conclusions, supported by straightforward data, quickly convinced the attendees.

Even the hard-to-please tall, thin man felt satisfied with Lynch's plan. He believed Lynch was right: breaking down the business and then segmenting the customer base to make more money in a more targeted way was the true approach toward creating more profits.

He looked at Lynch, who was talking confidently and fluently, feeling a bit puzzled. What exactly was inside this young man's mind?

Lynch, unaware of the tall, thin man's curiosity about his brain, smiled slightly when no one objected to the business split proposal.

"Considering our increased tasks in the next phase, I propose that the newly split businesses operate as independent subsidiaries."

After these words were spoken, there wasn't much change in Mark's expression. He didn't care about this matter at all; he was only thinking about other happy things. As long as his uncle hadn't left Sabin City and hadn't lost his power, he didn't need to worry about being taken advantage of by others; such a thing wouldn't happen.

The representatives from the Kurland City made no statements. The outcome of this meeting would not be decided by the end of this session. Only the tall, thin man showed an expression of contemplation on his face.

After a moment, the tall, thin man asked, "Mr. Chairman, is it necessary to do this?"

He was referring to the matter of splitting off the business to form independent subsidiaries. In his view, doing so was completely unnecessary. However, he still wanted to hear what Lynch had to say. In fact, he shouldn't have done this because persuading others was what Lynch was best at.

With a smile, Lynch said, "Of course, let me explain the differences…"

Soon, through his explanation, everyone understood why Lynch wanted to do this, as well as the benefits and drawbacks of doing so. Everything had two sides, but as long as the benefits outweighed the drawbacks, people would ignore the drawbacks.

After spending a little over half an hour, the tall, thin man and others finally understood Lynch's thoughts. However, they did not immediately make a statement. They needed to go back and discuss it further, as it involved some new changes. They also needed to consult with others to confirm their decision.

After sending these people off, Lynch cast a disdainful glance at the materials on the table, then tossed them into the trash can without a second thought. He already knew the outcome.Please vote for this novel at /series/blackstone-code/There are advance chapters available nowAccess will be granted 24 hours after the donationTier 1: 7 Advance chapters Link

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