By 2004, the National Development and Reform Commission (NDRC) had implemented an approval system for mobile phone manufacturing, requiring the NDRC to verify the qualifications of mobile phone manufacturers and issue mobile phone production licenses to qualified companies.

However, when the mobile phone license approval system was implemented, three thresholds were set for mobile phone manufacturers to enter the market.

First, the registered capital must be over 200 million yuan.

Second, it must have been in continuous operation for more than two years.

Third, it has research and development capabilities and relevant certifications in accordance with environmental protection regulations.

This stumped a large number of people, but people don't die from holding their pee. Later, some small manufacturers obtained mobile phone licenses by merging funds from multiple companies, rendering the mobile phone license approval system ineffective.

"Mr. Shen, you couldn't have come to see me just to ask me this question, could you?" Song Xiuli asked Shen Fang.

Shen Fang smiled and said, "Of course, I'm also planning to try out this high-tech product. I have the funds, and I have the connections!"

Rong Xiuli frowned upon hearing this: "I don't understand what you mean."

"Sister Rong, I'm planning to enter the mobile phone industry, and I've got my eye on your brand."

"You want to buy Tianyu Langtong?"

Shen Fang both nodded and shook his head: "Buying Tianyu Langtong is the first priority, and the second priority is for you, Sister Rong, to be in charge of this brand."

Rong Xiuli stood up abruptly: "President Chen, I'm sorry, Tianyu Langtong is not for sale!!!"

Shen Fang's expression remained unchanged: "Sister Rong, the mobile phone market is so hot, things change every day. If you can't get a license, you're just a pirated phone. If the authorities don't care, it's fine, but if they do, you'll probably be doomed!!!"

Rong Xiuli opened her mouth, but for a moment she didn't know what to say. Shen Fang's words hit the nail on the head; she was a person who made counterfeit mobile phones. Although she had a brand, she was still doing OEM business.

"Mr. Shen, why are you making things difficult for a woman like me?"

Shen Fang slightly raised his head, looking at Rong Xiuli with his starry eyes: "Sister Rong, you've misunderstood. I bought Tianyu Langtong to create a star in the Chinese mobile phone industry, to establish our own Chinese brand and defeat all foreign products on the market!!!"

"Why don't you just create your own brand? Mobile phones aren't really high-tech; they're just assembled products."

Shen Fang smiled and said, "I believe that professional matters should be handled by professionals. I know you and Tianyu Langtong, which is why I came all this way to find you. I plan to invest funds to develop our own domestic star and then enter the market. I know you are very capable in mobile phone marketing, and I also want to acquire you as a person."

"What price is Mr. Shen prepared to offer?"

Shen Fang glanced at Rong Xiuli: "You agreed?"

Rong Xiuli shrugged: "What else can I do? If a big shot like you takes a fancy to a small company like mine, acquiring it is just a matter of a word. How can I resist? Wait to be beaten into an idiot by you before coming back to you? It's not worth it. I might as well sell it for a good price."

"Hahahaha." Shen Fang laughed three times.