Of course, the price is definitely several tis higher than regular beef. Zhang Haiyang sends the beef to various labs, and the results from all the tests beco proof, which he copies and sends to various restaurants to prove why his beef is top-notch.
The little girl Old Chen talks about is full of vigor. It’s said that this move has made other large dostic farms extrely dissatisfied, especially those that used to fool people with subpar products. They must be cursing Manager Zhang behind his back. However, there are also good farms that, although still far behind Sancha River’s Morning Glory, have surpassed other farms by quite a bit.
It’s said that beef grading is now being introduced dostically, with several universities and relevant departnts working together to formulate a standard. Without hesitation, Manager Zhang sponsored this departnt with a sum of money to support them in quickly establishing the standards.
Yan Fei had nothing to say during Old Chen’s rambling.
Having stayed in Australia for so long, Yan Fei often visits high-end restaurants and knows what the prices are like here. A top-grade Australian steak in coastal tourist cities starts at several hundred dollars, which converts to thousands of yuan in China.
This is already three grades lower than his own beef, yet it sells for those prices. His own prices really don’t stand out.
You claim your beef is high-grade, but theirs is priced in the thousands, while you sell yours for just tens. Isn’t that embarrassing? Beef exported to Arica sells for hundreds of dollars per catty, and yet it sells for so low dostically, which indeed makes no sense.
Zhang Haiyang is just doing his job responsibly, purely talking business when considering the dostic level for the price increase. By doing so, Boss Yan can see his annual net profits multiply two or three tis, earning three to four hundred million a year like it’s nothing—and that’s not even including the profits from other subsidiary companies and exporting beef to Arica.
In other words, Boss Yan’s annual net profit could be five to six hundred million, if not more, because after opening the market in Arica, shipping a cow over that costs less than ten thousand yuan, about half can sell for hundreds of dollars per pound, and that kind of profit is simply incalculable.
According to the Huanasdaq valuation, a company that produces world-class food ingredients with such high net profits would be valued at at least a hundred tis that amount.
"Your current decision is also incorrect." Seeing Yan Fei remain silent, Chen Yingjun grew more enthusiastic. "Those ten-plus cattle we sent to the Cattle Racing Tournant can be sold now, right? Why are you keeping them? I’ve checked, and the beef grading here doesn’t reflect our beef’s quality. If you wait until we have hundreds to sell, you’ll be losing big ti!"
"Now, we should first take out those ten-plus cattle and have their Beef Association set a new standard for us. It should be a couple grades higher than theirs, otherwise we’ll be losing if we sell at their highest grade..."
It’s indeed a loss, one grade higher ans a higher price per grade. And the higher the grade, the bigger the price difference. If we can rank two grades higher, selling one cow would be like selling several in China.
Yan Fei initially wanted to hold soone accountable, but was left speechless, having to nod in agreent: "Alright then, you make the contact. How are we going to have our beef evaluated? Can it be done to exceed their original standards?"
"You only know how to please your wife now without checking the situation," Chen Yingjun scorned him. "Several of Australia’s top ranches are introducing Wagyu from Japan to breed high-quality beef and redefine the grading system. It’s expected that the current highest level of nine won’t suffice, and there’ll be levels ten and eleven in the future..."
"Just talk about the matter, why bring up my wife? Looking for a fight?" Boss Yan’s face showed so displeasure.
"Okay, okay, anyway, that’s the situation. As long as our beef is presented, if we don’t get a rating above level ten, we won’t sell here, we’ll ship directly to Arica. Trust on this..."
"Ha, trust you? You and Heizi haven’t even fully learned English, and you need to take your wife along as a translator for everything. Where do you get the confidence from?"
"I..." Old Chen was instantly struck, but then indignantly said. "English is English, but once our beef grade is set, anyone coming to us will have to bring their own Chinese translator. Just you wait and see..."
Yan Fei changed the topic: "We’re almost there, quickly get the sign ready, don’t let Uncle Baoguo miss us. He might even get lost asking for directions..."
Changing the topic was necessary because Old Chen was absolutely right. Even without presenting top-grade ingredients, so people are already coming to the ranch to discuss mining, bringing their own Chinese translators.
When beef that exceeds the current grading appears, businessn who see the earning potential will definitely flock, and language barriers simply won’t exist.
So, language really isn’t the problem.
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