I See through Everything
Chapter 254 - 139: A String of Happy Events (Part 2)Chapter 254: Chapter 139: A String of Happy Events (Part 2)
West Yuan Group was hit hard.
In Europe and America, many of the traders and high-end restaurant companies that had previously ordered glass eels from the West Yuan Group received compensation, but not all of them were satisfied with the payout.
For example, some high-end, member-based restaurants often have guests who reserve tables and dishes in advance—some reservations are even made several months out.
Now that West Yuan Group had defaulted, the restaurants were in a tough spot. They had already pre-sold their glass eel dishes. Adjusting for one or two customers would have been manageable, but the problem was that dozens, even hundreds, had made reservations. For these high-end restaurants, failing to provide the dishes as scheduled was the same as ruining their own reputation.
Therefore, these restaurants banded together and filed class-action lawsuits against the West Yuan Group in both the European Union and America, demanding compensation for a series of other losses.
Meanwhile, these high-end restaurants had no choice but to hold their noses and place urgent orders for glass eels from the Brown Company and Hailufeng Company to avoid a large-scale default on their reservations.
The International Trade Office of the Sales Department.
The person in charge, Huang Jiahao, had been watching the sudden surge in orders from Europe and America over the past few days. He and the sales staff in his office could only do their best to coordinate production capacity.
Fortunately, with the Spring Festival holiday approaching, they could allocate half of February’s production capacity to meet the current demand.
As for the difference between farming fry and edible fry, it lay in the treatment before they left the facility. The farming fry were fed medication for three days beforehand, leaving significant medicinal residue in their bodies that could be easily detected.
Edible fry, on the other hand, were eel fry that didn’t require medication and could be sold directly for consumption.
For easy identification, the three major eel fry producers all used a degradable, food-safe dye, similar to the ink stamps used on pork, to color the farming fry.
Starting in January 2026, the farming fry sold by the three major producers were all pink. This color would also be metabolized and disappear after two or three months. Edible fry, however, retained their natural, translucent color.
Without this measure, many fish farms and restaurants might secretly collude to pass off farming fry as edible fry.
The reason for all this complexity was, naturally, to make money.
After all, the people who ate eel fry were the type to go to high-end restaurants to show off. What they wanted was a product that was unique and a status symbol.
And the three major eel fry producers, ever so obliging, launched an "even more premium" edible glass eel for them.
Huang Jiahao didn’t know if they were actually any better, but he knew for a fact the price was premium: edible glass eels sold for 25,000 yuan per kilogram.
In the mere half-month since West Yuan Company’s collapse, the International Trade Office had already secured a total of 13,528 kilograms in orders for edible glass eels, with a cumulative order value reaching 338.2 million yuan.
And a steady stream of orders continued to follow.
The International Trade Office wasn’t just receiving orders for glass eels; there were also numerous orders for White Truffles.
High-value-added products were a thing of beauty.
And high-value-added products with a monopoly were even better.
Before anyone realized it, the end of January had arrived. Hailufeng Company’s revenue for the month hit a new high of 930 million yuan, with a gross profit of a staggering 710 million yuan.
This revenue and gross profit propelled Hailufeng Company past the Shanmei Tobacco Company, which had an annual revenue of 4.3 billion yuan. It was now the second-largest company in Shanmei by revenue—second only to the Xinli International Group with its 15 billion yuan annual revenue—and the single most profitable company in the city.
To put things in perspective, the Xinli International Group, with its 15 billion yuan annual revenue, only made about 300 million yuan in profit in ’25—less than what Hailufeng Company made in half a month.
This situation made Hailufeng Company an increasingly hot commodity in the local scene.
...
At the end of the month, Jiang Miao made some time to come into the office.
Suddenly, a beaming Li Zixuan knocked and entered the office.
"Boss! Your and the Madam’s honorary doctorates have been announced! Lion Mountain Agricultural University also put out a notice declaring that you and the Madam have been appointed as distinguished professors and doctoral advisors." As he spoke, he handed over a printed document.
Jiang Miao glanced through it, then shook his head with a smile. "In this life, everything boils down to fame and fortune."
Tossing the document aside, Jiang Miao took a red envelope from his drawer and handed it to Li Zixuan. "Zixuan, congratulations to you and Xinyi on tying the knot. From now on, focus on maintaining a harmonious family life."
"Thank you, Boss!" Li Zixuan accepted the red envelope with a wide grin.
KNOCK KNOCK KNOCK...
"Come in!"
Jiang Haibo walked in, looking travel-worn. "Boss, we’ve secured Hero Dairy."
Li Zixuan quickly excused himself and left.
"You’ve worked hard. Have some tea first," Jiang Miao said, pouring him a hot cup.
A week ago, the Gannan Branch had completed preliminary discussions with all parties. The various shareholders of Hero Dairy found Hailufeng Company’s offer suitable and decided to sell all of their shares to them.
Jiang Haibo had then rushed over with the legal department.
Jiang Miao carefully read through Jiang Haibo’s work report.
After taking a sip of hot tea, Jiang Haibo began, "Boss, with Gan Province acting as an intermediary, we’ve paid off all 120 million of Hero Dairy’s debts and also paid the 76.28 million yuan for the stock purchase."
"Mhm," Jiang Miao nodded. He was well aware of these figures; they matched the results of their prior secret investigation.
"Currently, Hero Dairy is being temporarily managed by Liu Changqing, the deputy manager of the Gannan Branch. The previous management team has been completely dismissed, and they’ve been compensated according to their years of service."
Jiang Miao pondered for a moment before pulling out a letter of appointment. He wrote a name and a position on it. "I’m not comfortable relying on Liu Changqing alone," he said. "How about this? After the New Year, have Xinhua step down from the aquaculture division and serve as the general manager of Hero Dairy."
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