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Published at 25th of December 2023 05:20:36 AM


Chapter 189: [News about De Beer's license plate] (Look for a monthly pass!)

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Chapter 189 [News of De Beer's License Plate] (Look for a monthly pass!)

On Hong Kong Island, Wu Guangyao is not the only businessman who wants to obtain a Diamond De Beer license.

I saw the diamond watches on the showcase of Liao Guichang, the "king of diamonds" on Hong Kong Island. The cheap ones cost tens of thousands of Hong Kong dollars, but the expensive ones cost hundreds of thousands. May I ask the merchants in the gold shops and watch shops that are not tempted?

But there are only two ways to obtain diamonds:

The first is to go directly to the London headquarters of De Beer to buy diamonds, but the cost is high, which is obviously not suitable for jewelers and watch shops;

The second is to obtain a license issued by De Beers, and to obtain the right to purchase a quota of diamonds every year.

Many businessmen have tried to obtain a De Beer license, but they got a bad nose, so people in the industry always say: "It is more difficult to buy diamonds from De Beers than to pick the stars from the sky!"

Why is the De Beer license so difficult to obtain?

Because only 500 De Beer licenses are issued worldwide, and the requirements for companies holding licenses are strict, and they are not allowed to violate the relevant regulations formulated by De Beer;

Once discovered, the licensee's rights to purchase diamonds for several years will be cancelled; in the worst case, the De Beer license of the licensee will be directly revoked.

If the license is revoked, there will naturally be a vacancy!

However, De Beer Company must go through strict and detailed credit investigations for license applicants.

In principle, manufacturers with actual sales or processing diamond sales are preferred.

However, some manufacturers have been processing diamonds for more than ten years and still have no chance to obtain a De Beer license.

Because of this, until the early 1960s, no one on Hong Kong Island had obtained a De Beer diamond license except for a license from Liao.

As a traverser, Wu Guangyao naturally knows that he can get a De Beer license. This is probably the welfare of the traverser!

South Africa’s diamond resources and mining rights are owned by the state, but private merchants are allowed to operate diamond processing and retail.

Therefore, many private diamond manufacturers in South Africa hold a De Beer license and have experience in diamond processing.

But as long as it is a company, it will not be smooth sailing. The price of diamonds in the international market fluctuates, and some manufacturers always fall into financial crisis or even close down.

Wu Guangyao is what these companies pay attention to. If he acquires a processing factory with multiple licenses, he will not only have a De Beer license, but also have experience in processing diamonds.

So, isn’t it the best of both worlds?

South Africa, the world's gold and diamond capital.

Development and backwardness coexist, high civilization and extreme ignorance coexist, natural environment, animal paradise.

The intermediary that Lao Fengxiang Jewelry looked for was an international consulting agency. The main business of this consulting agency included South Africa's diamond, gold, ore and other businesses.

The head of the consulting agency is called Jones, who is from England.

Thinking that when Wu Guangyao heard of this person on Hong Kong Island, the first person’s reaction was to cancel the cooperation. Doesn’t Jones mean ‘death in poverty’?

It would be unlucky to cooperate with him!

Fortunately, I resisted it, because Rong Bensheng introduced that this international consulting company has a large scale and is well received in South Africa and the world!

In the first 10 months, Jones worked very hard to earn this intermediary fee.

I contacted several factories that intend to sell De Beer licenses, but they are not very satisfied on Hong Kong Island, and they are not even interested in visiting.

Lao Fengxiang Jewelry will not consider companies that hold less than 5 De Beer licenses;

The premium is too high. For companies that exceed 20%, Lao Fengxiang Jewelry will not consider it.

Jones is really about to collapse. If Lao Fengxiang Jewelry had not paid some information consultation fees, Jones would have almost doubted whether Lao Fengxiang Jewelry was sincerely buying a De Beer license.

As a colony of England, Jones also understands Hong Kong Island. The economy there is probably not as good as that of South Africa!

The consumption level on Hong Kong Island is not high, so will the diamond business be good?

Jones, this is a bit puzzled, why does Lao Fengxiang Jewelry still have so many diamond license plates.

However, the boss of Lao Fengxiang Jewelry has recently become the "Ship King" of the Far East. Jones has heard of it.

In terms of funding, this young ‘ship king’ should have no shortage!

"BOSS, good news! There is a diamond processing factory owned by us in the UK, which we intend to sell. This diamond processing factory has 10 De Beer licenses, and the processing factory has rich experience in diamond processing." An employee walked to Jones' office happily , Said excitedly.

Jones heard it, and when he was happy, he immediately became worried again.

10 De Beer licenses, which are not something ordinary people can eat, let alone processing plants.

Which young boss can eat?

"What is the reason that this factory needs to be sold?" Jones asked calmly.

If this business is concluded, his consulting agency will receive a large intermediary fee, so Jones is very concerned about this matter!

"It is said that this British boss failed to invest in London and encountered financial problems, and the diamonds are not in a good environment. I guess I thought of selling this diamond processing factory."

The current diamond market in the world is really not so good!

I heard that De Beers is seeking advertisements around the world to achieve the hot diamond market.

"Well, let's go to this company to investigate first, so as to know what to do. To know which buyer on Hong Kong Island, don't worry, if the price is too high, I will definitely not buy it!" Jones calmly analyzed.

As an intermediary, naturally, it is mainly for the buyer's consideration, because only the buyer agrees, it will be more than a sale!

As for the seller, although it is also very important, it is not the only one!

Jones took the staff and rushed to this diamond factory, naturally with some expectations;

It is hard to meet suitable sellers, and hope that this transaction will increase, which can be regarded as the company's relatively large investment this year.

Although he did not meet the real boss, the person in charge of the processing plant is a relative of the boss and received Jones and his party.

Jones was very talkative, and soon turned the person in charge fainted and revealed a lot of useful information.

For example, it was determined that the boss of the processing plant encountered a financial crisis in London and needed money;

For example, this processing plant is well-equipped and experienced workers.

When    went back, Jones said confidently: “Call Lao Fengxiang on Hong Kong Island when you go back, and come to South Africa to discuss the acquisition as soon as possible. This time, it will definitely be a success!”

In late April, Wu Guangyao sent off 13 oil tankers in Victoria Port to carry out transportation tasks in Dongying.

At this point, the tasks of Global Shipping this year have finally been completed ahead of schedule.

Maybe we will buy second-hand ships this year, but it’s not so urgent anymore!

Good things have doubled. The shipping industry has just completed a milestone. I didn’t expect a good news from South Africa. There is news about diamond licenses and diamond processing plants.

And there are actually ten De Beer license plates. This is great news!

Because Wu Guangyao has never limited the diamond business to a small Hong Kong island; instead, he intends to expand the business all over the world.

Lao Fengxiang Jewelry can process diamonds into finished products such as diamond rings, necklaces, watches, etc., and then sell them all over the world.

Of course, at the beginning, Wu Guangyao will only develop business on Hong Kong Island, East Asia, and Southeast Asia, and finally go to Europe and the United States.

Lao Fengxiang jewelry's future achievements, Wu Guangyao is no longer satisfied with the level of Chow Tai Fook in the previous life, at least he is also a world-class jeweler like Cartier.

To go global, publicity and luxury are indispensable.

Promotion can be classic slogans, or sponsoring world-class beauty pageants, catwalks, celebrities, etc.;

Luxury is naturally better understood, that is, collecting handed down jewelry, occasionally showing it out for exhibitions or walking catwalks for celebrities to gain fame.

(End of this chapter)




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