Longyao Mobile has been making subtle moves and gradually gained momentum.
Although many peers have been discrediting Longyao mobile phones and belittling them to the point of worthlessness, Su Wu adheres to the principle that even negative publicity is still publicity, and everything he does is to increase brand awareness.
The 100 million yuan subsidy he poured in wasn't for nothing; the user ownership rate of Longyao phones is rising sharply.
He believes that over time, the superior performance of the Longyao phone will soon be recognized.
What needs to be done now is to enhance brand value and increase brand influence.
His goal is not to stay in the low-end market, but to target the mid-to-high-end mobile phone market.
The profit margin between a phone costing less than 1,000 yuan and a phone costing several thousand yuan is vastly different.
The thought of international brands taking advantage of their currency to rake in huge profits in the domestic market makes him feel extremely uncomfortable.
However, achieving this is not easy; it requires an extremely skilled marketing team.
However, he doesn't now.
Ruyang Technology currently has a group of honest and hardworking tech people who are far from being good at sales.
Therefore, Su Wu had no choice but to turn his attention abroad again and hire a professional team to help him.
The cost of this was far beyond what others could imagine.
He spent a whopping $50 million to hire such a team.
This made Su Wu suddenly feel that he was short of money again and felt very insecure.
At this point, he finally thought of superconducting technology again; it was time to take action and eliminate the threat.
After the Lunar New Year, following a shareholders' meeting, Kii Sanjo successfully joined Superconducting Technology and became its leader.
As expected, his first major move was to adjust the management team and development strategy.
Basically, all the Chinese executives at Superconducting Technologies were replaced.
As a result, General Manager Zheng Quan was laid off.
This left him feeling both devastated and resentful.
He never imagined that while he had escaped Hu Zeqing's wrath, he couldn't escape Xiao Rizi's knife.
A unique bar on Hong Kong Island.
Zheng Quan, who had come out to clear his head, was determined to get drunk and became quite incoherent.
Suddenly, he felt a weight on his shoulder, as if someone was patting him.
"Go away, don't bother me while I'm drinking. I'm not interested in chatting."
"Wow, is Mr. Zheng from Superconducting really this arrogant?"
"What the hell, who are you?! I...Mr. Hu?"
"What a pleasure to meet you! It's true what they say, we're all strangers meeting again."
Zheng Quan turned his head impatiently, only to stare in disbelief at the newcomer.
He never expected to run into Hu Zeqing here.
Little did he know that his whereabouts were always under Hu Zeqing's control.
Instinctively maintaining his respect, he nodded subconsciously, "Mr. Hu, hello. I didn't expect it to be you."
Hu Zeqing smiled and sat down next to him. "Relax, isn't the point of going out for drinks to relax?"
"Yes, yes, you're right. I'll treat you to a drink." Zheng Quan nodded quickly.
All of this seemed like a chance encounter, but it was actually Hu Zeqing's deliberate doing.
He already knew that Zheng Quan had been fired, but he didn't know the reason why.
His purpose in contacting Zheng Quan was to find out what had happened at the superconducting technology company.
After a few rounds of drinks, Zheng Quan began to speak his mind, hurling insults at Ruyang Technology and Ericsson.
Hu Zeqing chimed in at the opportune moment and began to take the opportunity to gather information.
"Old Zheng, you're a talented person, you'll have no trouble finding a way out. At worst, you can continue working for me, I won't treat you badly."
"Mr. Hu, you are so kind. Thank you in advance."
"By the way, why were you fired? Weren't you doing a great job?"
"Alas, you don't know. The superconducting technology landscape has changed drastically; now Ericsson reigns supreme..."
Under Hu Zeqing's patient persuasion, Zheng Quan, who was already drunk, had long forgotten the so-called confidentiality agreement and began to tell the truth as if pouring out a bamboo tube.
Hu Zeqing was quite surprised that superconducting technology had become so advanced so quickly.
Hu Zeqing was both surprised and delighted to learn that Su Wu had secretly sold 20% of his shares to Kii Sanjo.
He was surprised that Su Wu actually had so many shares in his hands.
What pleased him was that he seemed to have caught Su Wu red-handed.
In his view, Su Wu's actions were a complete betrayal of Ruyang Technology, a blatant act of treachery.
How could the Li family possibly tolerate him in that case?
He guessed that Su Wu must be having a hard time right now, which presented him with an opportunity.
He tentatively asked again, "After Su Wu sold his shares, has Ruyang Technology not reacted at all?"
"I don't know, but Gao Qiang doesn't seem very happy. However, I guess they might be short of funds and can't compete with Xiao Ri Zi right now."
"Oh? Tell me about it?"
"I heard that Xiao Rizi plans to invest, but Ruyang Technology doesn't have the money to invest proportionally, so their shares are very likely to be diluted. They are now considering selling their shares."
"What? You're telling the truth?"
"It should be right. Superconducting Technology's stock is being targeted, but Ruyang Technology is doing nothing, which shows that they are short of money and simply can't afford to play this game!"
"Is the message going to be cut off? What stage are the negotiations at now?"
"Kiji Sanjo is putting pressure on Gao Qiang, but now that they have a large enough share, there's not much Gao Qiang can do. He's pretty much resigned to his fate."
Zheng Quan blushed and revealed a gloating expression, then began to make up some random analysis.
However, this analysis struck right at Hu Zeqing's weak point.
Hu Zeqing had always been puzzled as to why Ruyang Technology did not intervene in the market; now he understands the reason.
This is truly a situation of both internal and external troubles.
In this way, Ruyang Technology will have no way to deal with the stock market and will have to rely entirely on the whims of Kii Sanjo.
But for them, this was practically like having groceries delivered to their door.
SPK's goal is to influence the entire technology sector through superconducting technology and then make a hefty profit.
Now it seems a better opportunity has emerged.
If they can acquire the shares of Superconducting Technology held by Ruyang Technology, then they can join forces with Xiao Rizi to manipulate the stock market.
In that case, who else could be their opponent?
Excited at the thought, Hu Zeqing gestured to his watchful entourage and hurriedly left.
He was going to tell the people at SPK that it was time to make a big splash.
The person in charge that SPK sent this time was named Reeves, an extremely shrewd European.
Upon receiving Hu Zeqing's message, he reacted immediately.
They intensified their efforts to suppress the stock price of Superconducting Technologies.
At this moment, Kii Sanjo is still arguing with Gao Qiang, and the investment from Japan won't arrive for a while until an agreement is reached.
Superconducting Technologies no longer has enough money to balance its stock price, making this an opportune time for them to make their move.
His decision was also aimed at increasing his bargaining power and gaining greater initiative.
Continue read on readnovelmtl.com
