"Ahem... Let's talk about this later. You haven't had time to eat since you came here, have you? Perfect timing, I had Old Wang prepare a whole table of dishes just to wait for you."
Li Jiacheng chuckled twice.
What a joke! Asking him to invest? He's dreaming!
Jiang Wanming hesitated for a moment, then got up and went to the restaurant with Li Jiacheng.
As Li Ka-shing said, the dining table was laden with delicious food.
Li Jiacheng: "Come, come, this is your first time eating at home. I don't know if it suits your taste."
"Mr. Li..."
He won't be able to eat unless the distributor's issues are resolved.
Jiang Wanming put down his chopsticks and said seriously, "Mr. Li, to be honest, I really don't have much of an appetite. Do you think you could raise 100 million yuan for me first so I can get through this crisis?"
"Don't worry, as long as we can get through this crisis safely, you'll be in charge of Wanjia Company from now on."
Upon hearing this, Li Jiacheng put down his chopsticks and said with a wry smile, "Brother Jiang, to be honest with you, I really have no money right now."
“If you hadn’t come to me today, I was planning to go and talk to you about withdrawing my investment. You know, I started out in the real estate business, and all the money I managed to save was used to hoard land.”
"......"
Jiang Wanming was already cursing in his heart.
That old fox, it would be more plausible if someone else said he had no money, but you, Li Ka-shing, are Asia's richest man, saying you have no money? Is that even possible?
But we can't afford to fall out with him right now.
Jiang Wanming looked conflicted. He took several deep breaths to calm his agitation and said, "Mr. Li, do you want your investment to go down the drain? If we can't make it through, I'll have no choice but to declare bankruptcy."
“Jiang Wanming... I, Li Jiacheng, am not easily intimidated.”
"Mr. Li, I really didn't mean that."
Li Jiacheng gave Jiang Wanming a cold look and snorted, "To tell you the truth, even if I throw more money in, it will only be a waste of money."
"You think I don't know? Longteng's new VCD player is only 1288 yuan. Tell me, how can we compete with them?"
"I....."
Jiang Wanming knew in his heart that he was only trying his luck with Li Jiacheng as a last resort, hoping that Li Jiacheng might have any other good ideas.
If all else fails, exporting overseas is another option, isn't it?
Li Jiacheng sighed, "Jiang Sheng, doing business involves both gains and losses. If you lose, you have to accept it. At worst, you can start over. You're still young, so why put all your eggs in one basket?"
Jiang Wanming looked bitter. "Li Sheng, you have a large and powerful family, so of course you would say that. But if I fail, I will have nothing left."
"It's not entirely without a solution!"
Li Jiacheng tapped the table with his hand, a sinister glint in his eyes behind his glasses.
“Mr. Jiang, in my opinion, we can sit down and have a talk with Longteng Electronics.”
"In business, of course, harmony brings wealth. Don't you agree?"
"Sit down and talk with Longteng Electronics? Mr. Li, what do you mean...?"
Jiang Wanming looked at Li Jiacheng expectantly, and the latter smiled and nodded.
“Longteng Electronics holds VCD-related patents. For every VCD player that Wanjia produces, we have to give them 10% of our sales revenue.”
“Let’s try a different approach. Not to mention the international market, the Chinese market alone is not something Longteng Electronics can swallow.”
"Why can't we sit down and talk things out? That way, everyone can benefit, right?"
These words were spoken.
Jiang Wanming fell into thought.
Li Ka-shing's words are not without merit.
Longteng Electronics is doing this simply to seize market share.
At first, he only saw the surface and did not see the deeper aspects.
Just like Li Ka-shing said, what good is it if Longteng Electronics rolls up its sleeves and ships its products?
Can their production keep up with market demand?
A single word awakened me from my dream.
Jiang Wanming suddenly realized and said, "Thank you, Mr. Li, thank you, Mr. Li."
"No need for thanks, everything depends on how your negotiations with Longteng Electronics go."
Li Ka-shing had already made the worst-case scenario plan in his mind.
If Jiang Wanming cannot reach a settlement agreement with Longteng Electronics, then there is only one option left: to sell Wanjia Company to Longteng Electronics.
In his view, since Longteng Electronics wants to take over the entire VCD market, why would it give up such a lucrative opportunity as Wanjia?
Wanjia VCD's annual production has increased to a staggering ten million units.
"Okay, Mr. Li, I'll go to Pengcheng to find the person in charge of Longteng Electronics right away."
Li Jiacheng smiled and nodded, then gave instructions to Old Wang.
"Old Wang, prepare a fresh meal for Jiang Sheng."
"Yes, sir."
"No need, Mr. Li, I'll just grab a bite. I also want to get to Pengcheng as soon as possible."
"Okay, you can handle the rest. I'll have the driver take you to the border in a bit, and I'll be waiting for your good news."
Jiang Wanming was filled with gratitude, and he ate the meal with exceptional relish.
......
Longteng Electronics has now completely transformed its equipment.
They moved from a rented office space to a high-tech industrial park and now have their own private office building.
Wang An sat comfortably in his chair, with Longteng VCD's sales data for the recent period displayed in front of him.
Looking at the sales figures in front of him, he beamed with joy.
"Hahaha... Just wait and see. I, Wang An, refuse to believe that I can embarrass myself at the company's annual meeting based on this year's achievements."
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