Male Lead's Canon Fodder Wife - Chapter 1173

Chapter 1173: High Risk, High Gain.
Clearing his throat to hide his embarrassment, Li Chenmo replied, “I will be more careful next time.”

Seeing his flustered reaction, Lu Jueyu chuckled and said, “Alright, help me bring breakfast out. I will pack up the children’s lunch boxes and join you soon.”

“Mhmm,” Li Chenmo nodded quickly and carried the breakfast to the living room.

After breakfast, the children headed to school, while Lu Jueyu and Li Chenmo set off to visit Li Lingyun.

Ten minutes later, the two of them reached Li Lingyun’s house and saw that the gate was open. As they entered the front yard, Li Chenmo called out, “Second Brother, we are here.”

In the front yard, Li Lingyun was watering the vegetables. He had been waiting for his third brother and sister-in-law. When he saw them, he stopped what he was doing and said, “Third Brother, Third Sister-in-law, please come in.”

After locking the gate, the three of them entered the house. He poured a cup of tea for his third brother, but as he reached to pour one for his sister-in-law, a hand stopped him.

“Second Brother, just a cup of warm water for my wife,” Li Chenmo said with a smile.

Li Lingyun didn’t think much of it and poured a cup of warm water for Lu Jueyu. As he handed it to her, he asked, “Third Brother, have you thought about that matter?”

Li Chenmo took a sip of tea and nodded before he said, “Second Brother, my wife and I have decided to invest in your friend’s business. However, besides the letter of agreement, we want a copy of your friend’s yearly business plan, account book, and a contract.”

When Li Lingyun heard this, he frowned as he considered his brother’s requests. After a moment, he asked, “Third Brother, it’s not impossible to get the account book and yearly business plan, but what about the contract?”

Taking out several pieces of paper from his pocket, Li Chenmo placed it on the table and replied, “Second Brother, this is the contract I prepared. Take a look.”

Though he had never attended school, Li Lingyun knew how to read. Opening the contract, he read for a moment and said, “Third Brother, isn’t this the same as the agreement?”

“Second Brother, this contract details the amount of money I’m investing in your friend’s business and the shares I will receive in exchange of the money I invest.”

“It also outlines the penalties your friend and I would face if we breach the contract. This is just a safety measure in case your friend tries to push us out after the business becomes successful,” Li Chenmo explained.

Li Lingyun thought for a moment and asked, “Third Brother, this business is very risky. Are you sure you want to invest 500,000 yuan?”

Nodding at his brother, Li Chenmo replied firmly, “Second Brother, although this business has high risks, it’s also highly lucrative. High risk, high gain is common knowledge in the business world.”

“With the current food shortage, seafood will become a viable replacement for meat. The target market isn’t just the common people but also those in high positions and wealthy families. As long as we divide the product quality into several grades, we can cover a broad market.”

Interested in his idea, Li Lingyun asked, “Third Brother, how do you plan to divide the grades?”

Taking out several pieces of paper, Li Chenmo handed it to his second brother and explained, “The grades will be based on size, freshness, and quality. This chart outlines the standard requirements for each grade.”

“As long as the seafood meets the minimum requirements for a grade, it will be categorized accordingly. For example, if the seafood is alive, has no major wounds or defects, and meets the premium grade size, it will be categorized as premium.”

“Since the qualifications for premium grade are strict, the quantity will be limited. Therefore, premium-grade seafood will be priced ten times higher than high-grade seafood. The same quality checks will apply to high, basic, and low grades.”

“Seafood that doesn’t meet even the low-grade standard will be processed into dried seafood or other products such as fish floss. Any seafood that dies during transport or remains unsold will also be dried and sold to the black market.”

“The dried seafood will also be graded and priced accordingly similar to the fresh seafood. This strategy will lower the risk of losses from unsold fresh seafood,” Li Chenmo added.

Hearing his brother’s explanation, Li Lingyun’s eyes lit up. He and his friend had worried about the high risks of losses due to the seafood’s freshness. They had estimated a starting capital of at least 300,000 yuan just in case that they would lose a lot of fresh seafood during transport.

But with his third brother’s ideas, their risks would be reduced. Not only could they expand their customer base, but they could also minimize losses and increase profits. With both fresh and dried seafood as products, they could cover more market segments.

After weighing the pros and cons, Li Lingyun nodded and said, “Third Brother, I will discuss this with my friend. As for the shares you are asking for, I will need to negotiate further with him.”

Knowing that this discussion could take time, Li Chenmo nodded readily and replied, “Then I will wait for the results.”

Seeing the two brothers reach an agreement, Lu Jueyu placed a cotton bag on the table and said, “Second Brother, here is 500,000 yuan. You can count it to ensure that the amount is correct.”

Looking at the bag, Li Lingyun replied with a smile, “Third Sister-in-law, there is no need to count it. I trust you and my Third Brother.”

After finishing their business discussion, Li Chenmo asked, “Second Brother, are you free in the next few days?”

Raising an eyebrow, Li Lingyun replied, “I was planning to go to the mountains to find some honey for your sister-in-law. But if you need help, I can postpone it.”