Xia Jie nodded in agreement. Manager Yang truly wasn't the type to take advantage of others. A business partnership could only last if both parties profited; relying on squeezing one side for gains was ultimately not a healthy model. More importantly, if Xinyue Group kept losing money like this, it would likely reflect poorly on President Tian over time and easily open him up to criticism.
This livestream was a trial run, using a batch of goods negotiated exclusively with NLB Brand Company. The brand company had pulled these items from their physical retail stores, added some backstock, and supplied it all to Yanghe Commerce at 20% of the retail price. Yanghe Commerce then sold it online for 50-60% of retail, resulting in a profit margin of over 60%. It was an absolute windfall.
