Chapter 126 - Mother’s Taste
While Jing Qian was leaving the Jing household, she had already realized that there were people following her and that these people were dressed like those bodyguards that she would see back in the Zhan mansion. Plus, when Qin Yi was talking to her, he kept looking at the person who was taking pictures of them. It was so obvious that Jing Qian already knew what he had in mind.
Although she could have dealt with the reporter herself, Jing Qian decided to play dumb and pretend that she did not see him. She walked straight to her car and drove away, allowing the Zhan family to settle the rest of it.
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‘Mirror World’ was supposed to make its official announcement the next day, but for some reason, it got postponed. The official announcement only came about three days later.
Then, Jing Qian received the notice from them that she was to report herself at the scene three days later for the table read.
During these three days, Jing Qian used the money that Zhan Lichuan gave and did something extremely meaningful.
‘Mother’s Taste’ was a mooncake factory. The owner of this factory was Qin Yi’s mother, Li Yufang.
Li Yufang was good at making pastries. When Qin Yi was still a small, unknown artist, in order to keep his fans around, Li Yufang would make mooncakes for them as a gift of appreciation. She would also get Qin Yi to pass it to some of his die-hard fans, telling them that this is what he grew up eating; this was his mother’s love for him. Since the mooncakes were indeed delicious, most of the fans begged to have more of Li Yufang’s pastries.
She had limited time and equipment back at home since they were poor, which was why it was impossible for her to make big batches of pastries. Therefore, Qin Yi’s fans decided to organize the order themselves. They would make orders in batches and with no time limit, no additional conditions. To these fans, being able to eat the same thing as their idol was a kind of obsession.
This was how Li Yufang earned her first pot of gold.
With this money, Li Yufang opened a small bakery where they would also sell various types of pastries, and within a short period of time, she turned that bakery into a mooncake factory.
Qin Yi’s fans immediately targeted Li Yufang’s factory and started pumping money into it, which was why she was able to earn buckets of gold these last few months.
This was already a good outcome. If she continued the business this way, they would be able to make a living out of this pastry business even if Qin Yi failed in the entertainment industry.
However, Li Yufang was afraid of poverty and she was a greedy person. As she saw the money flowing into her factory, she believed that this was her chance of getting wealthy and decided to change the ingredients. She changed the fresh and expensive ingredients to cheap, bad quality ingredients. She even got a small financial loan from some of Qin Yi’s ‘rich’ fans as financial leverage.
This was indeed a small financial loan, but even though the amount was small, it was still financial leverage. This meant that if your loan was 20 thousand, you would have to give 10 thousand as collateral. If it’s a sum that is more than 50 thousand, you would need to use your mortgage as your collateral.
The loan payment was based on the price of the best seller in ‘Mother’s Taste’.
For example, you decided to borrow a sum of money. This amount of money is equivalent to the number of the best seller mooncakes, which sold at 100 yuan during that period of time. The amount of money borrowed will be equivalent to the number of mooncakes that you have.
When you decide to repay the loan, the amount would depend on what the market price of the mooncake is at that period of time. If the price of the mooncake was raised to 200 yuan that month, even if you only took the loan for one day, you would still have to pay back 200 yuan. If you decided to return it a year later and the price of the mooncake has dropped to 80 yuan per piece, you would only have to pay back 80 yuan.
To put it blankly, this was selling stocks like a listed company even though they weren’t one.
The loan period ranges from six months to one year.
In order to allow the Qin family to earn more money, some of the ‘rich’ fans would increase the loan interest for ‘Mother’s Taste,’ and at the same time, they continued promoting it to the rest of Qin Yi’s fans.