Huo Qizhen explained his thoughts.
He earned his first pot of gold in the food street; otherwise, he wouldn't have had the money to open a restaurant in Fuzhou.
When starting a business, food has the lowest barrier to entry and the fastest way to make money.
Having worked in the catering industry for so many years, Huo Qizhen has an accurate understanding of the risks involved in doing business.
He did conduct market research before investing in the electronics factory.
For more than a decade, the profits in this industry have been quite substantial.
Moreover, the factory only starts production when there are orders, which avoids inventory backlog and has a decent ability to mitigate risks.
"Mr. Huo, you have good taste," Lin Ziyan teased him with a smile.
Huo Qizhen waved his hand, "I'm ashamed to say that you've expanded your business overseas while I'm still stuck around the stove."
"I still have a lot to learn from you."
Lin Ziyan: "Please don't say that. If it weren't for your trust, would I have gotten to where I am today?"
"To be honest, I earned my first pot of gold with you."
First came the ice, then the shrimp, and Huo Qizhen always ordered the biggest portion.
"It's a mutually beneficial arrangement; you're being too formal by saying that." Huo Qizhen dared not take credit for it.
The restaurants in Guangzhou are so popular thanks to Lin Ziyan's recipes.
Huo Qizhen knew in his heart that Lin Ziyan had repaid him for all the conveniences he had given her in another way.
Upon reflection, Huo Qizhen realized that he had actually gotten the better deal.
Lin Ziyan simply smiled and didn't exchange any more compliments.
They will cooperate in a different form in the future, and she still trusts Huo Qizhen's character.
In the past, when she didn't have many bargaining chips, Huo Qizhen never took advantage of her youth.
A person's character is most clearly seen when they are in unequal positions.
Lin Ziyan drove back to the factory, where the chubby girl was already waiting anxiously at the factory gate.
The sky was high and the clouds were light, with an occasional breeze carrying a slight chill.
The factory's main avenue is lined with trees that intertwine to form a row of shadows.
"You're finally back. The higher-ups at Katie have been waiting in the conference room for half an hour," the chubby girl said as she walked in.
Under the cool shade of the trees, her back felt chilly, and fine beads of sweat kept appearing on her forehead.
The chubby girl knew very well what getting Katie meant.
Using Hairun's products to open up overseas markets, they can only reach the low-to-mid-range appliance market.
For refrigerators and air conditioners, the profits in the high-end market are what everyone is vying for.
"It's only half an hour, no rush," Lin Ziyan said casually.
She anticipated that Kuller would arrive around this time, so she deliberately hid away.
Nobody likes a business that's rushed or forced.
The more nonchalant she appeared, the more panicked Katie's people became.
In fact, Lin Ziyan did have a second plan; she never liked hanging on just one tree.
However, this plan is a last resort, and she doesn't want to use it unless absolutely necessary.
Pursuing maximum profit is in the nature of a businessman.
Hearing her words, the chubby girl felt reassured and gradually calmed down.
The two walked into the conference room, and the people inside all looked in their direction.
Kule has been so excited ever since he read the documents Lin Ziyan handed him that he couldn't sleep.
He didn't sleep all night, and he was almost certain that Lin Ziyan saw right through Katie, and even understood Katie's situation better than they did themselves.
S Group and N Group have reached an agreement to dismantle Katie together.
Kule tested the N Group using the method Lin Ziyan had given him, and their response was exactly as Lin Ziyan had predicted.
He then sent Chris to sound out S Group, and the result was predictable.
Rather than being forced to split up by two groups, it would be better to be acquired by Hairun, at least the Cartier brand can be preserved and the original technology will still belong to Cartier.
“Mr. Lin, we agree to your acquisition terms,” Kule said first.
Chris stared wide-eyed at Kuller.
At this moment, the other senior executives of Katie, like him, were all shocked.
Lin Ziyan reached out and shook hands with Kule, "It's a pleasure doing business with you!"
From the signing of the contract to the departure of the person who brought Katie, it took no more than an hour.
Mu Fang and the chubby girl were both completely bewildered.
"So...easy?" the chubby girl murmured.
This was different from what she had expected. She thought they would have to negotiate and argue for a while.
Fang Jie opened the signed contract and clicked her tongue a few times.
Technology acquisition?
This is a classic example of dispersed shareholding, with new technology being used as equity investment, and Hairun holding the largest stake.
The Katie brand will be retained, and the original president will continue to manage Katie, but the R&D department and sales will be jointly managed by Hairun and the original president.
Some of the refrigerators and industrial refrigeration units manufactured by Hairun Electric are sold overseas under the brand name Katti.
The core technology still belongs to Hairun Electric Appliances.
“Now we can squeeze into the high-end appliance market and compete with S Appliances on the same platform.” Lin Ziyan lightly flicked the contract, a glint of light flashing in her eyes.
She learned this marketing tactic of using counterfeit brands to conquer overseas markets from foreign brands.
At this moment,
On the way back to the hotel,
The top brass of Katie remained silent, each harboring a deep resentment.
Kule felt much more relaxed and was looking forward to cooperating with Hairun.
He had a strong feeling that Hairun would surprise him.
Sales Director Chris couldn't contain himself any longer. "President, isn't your decision a bit too hasty?"
Kuller's eyes flickered. "Do you know that S Group and N Group are going to take over Kati?"
The people in the car looked at each other, completely bewildered.
Is Katie really that vulnerable?
Chris clenched his fists and remained silent.
He had a vague idea, but the fact that the president said it meant that they had already begun to take action.
Katie is currently unable to withstand a business war, and the S Group may have seen through this.
The atmosphere became tense afterward, and no one discussed the acquisition anymore.
The contract has already been signed; there's no point in them saying anything more.
Kuller has veto power; even if they want to take the money and start their own business, they have to see if Kuller agrees.
They came to Fushi with their own agendas, and their ultimate goal was to sell Kati and use the money for their retirement.
It now seems they may be tied to Katie's fate, and only they know the true meaning of it.
Kuller scoffed inwardly; he had long seen through the old men's ulterior motives.
He founded Katie, and he couldn't let these people drain his life's blood.
The car was parked in front of the hotel.
Lee Ah-jin and Han In-je, sitting in the coffee shop, saw their car and stood up at the same time.
They definitely didn't sign a contract with Hairun...
This was a shared idea between the two, after all, it had only been two hours, and there wasn't enough time to negotiate the acquisition terms alone.
Kuller got out of the car, saw the two of them, a smile playing on his lips, and took the initiative to step forward.
"Mr. Li, I'm sorry, we've already signed a contract with Hairun, so we can't cooperate with S Group anymore."
Chris's lips twitched upon hearing the president's words. A stab to the heart—the president knew how to stab someone in the back.
Li Yazhen's expression changed drastically, "Impossible!"
Her usually cool eyes were now filled with rage.
At that moment, she felt that Kuller's smile was mocking the S Group.
Kuller dropped the pretense and leaned close to her ear...
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