Chapter 210: The Lion's Big Demand (3rd update!)
"Mr. Lin, your asking price is outrageously high. Adding up all our mobile phone brands, we sell over two hundred million units a year. Granted, you mentioned the wholesale price of your Qingyun power banks is just for branding, but I am quite sure you're not selling them at a loss. In other words, a mobile phone battery with a capacity of 30000 mAh likely costs you only fifty yuan, but you sell it to us for a hundred and eighty yuan, making at least a hundred and thirty yuan profit per unit. If we sell two hundred million units a year, your profit would amount to over twenty-six billion..."
A man stood up, shaking his head slightly.
"An annual profit of over twenty-six billion..."
Upon hearing this man's analysis, many people's faces changed drastically.
This high profit margin was on par with the few super corporations in Huaxia.
And that's just for mobile phone batteries.
They knew many more businesses were lining up to collaborate with Lin Yun as well.