"Are you worried about putting too much pressure on the bank by taking out too many loans?" Manager Li asked.
“I’m afraid we’ll eat too much and be too full to move when we want to leave, leaving a mess for the bank to clean up.” Lu Feng said to Manager Li, “Starting this month, convert the funds into US dollars under the pretext of an overseas investment branch and send them overseas in batches. Remember, make it an overseas affiliated company, and the approval will be faster. Also, keep an eye on Harry and Brice’s movements. As soon as they cough, immediately transfer a sum of money to the foundation’s account.”
"How much is it?" Manager Li asked.
"In the tens of millions!"
With just a slight gesture, the company invests ten million?
Manager Li felt that even burning money shouldn't happen this fast, and asked, "Isn't this too much?"
"If you don't worship the Bodhisattva when you cross the bridge, who will you worship? Money in your own pocket is real money; otherwise, it's just a string of numbers. Besides, it's in someone else's bowl. They can just give you any excuse, and the money could be anyone's." Lu Feng said to him, "Today, I'm going to release these numbers to the public. I want the bosses in London to see that I'm not someone to be trifled with!"
The news caused a sensation in the business world. A profit of tens of millions in a single day is more than 99% of the businesses in London. It's no exaggeration to say that they're making a fortune every day.
Such terrifying earning power left many bosses dumbfounded. After seeing these figures, Stephen was so angry that he cursed loudly. Compared to Lu Feng's company, his current company was simply garbage.
The company had poor ability to attract agents, and its products overlapped with Jiafeng's, making it uncompetitive. After a week of frantic activity, it only had a few thousand agents, and these people felt they weren't making money, with large numbers leaving every day.
For ordinary poor people, no amount of boasting can compare to making money. At the very least, they need to be fed and clothed. Jiafeng has made sure they are fed and clothed. Listening to Lu Feng boast is a completely different experience. Moreover, Jiafeng has already achieved a certain scale. Once a company achieves a certain scale in the market, it has a siphon effect, and others will naturally gravitate towards the larger group.
Stephen has been an entrepreneur for many years and understands the current market situation all too well. His company no longer has any advantages, and the more he invests, the less way out there is.
With a long sigh, Stephen looked dejected, casually tossing the folder in front of him onto the ground and muttering to himself, "Oh well, I guess I'll just have to accept the loss!"
Around 3 PM, Stephen announced the dissolution of the company and the dismissal of all employees. The core team members who had been poached from Jiafeng were stunned. They hadn't even settled into their senior management positions before the company was gone.
Walmart and Carrefour were somewhat incredulous when they saw Jiafeng's daily profit figures, even suspecting they were fake. After confirming their authenticity through various channels, they became even more furious, believing that Jiafeng had stolen their profits.
In the evening, the two companies jointly sued Jiafeng, and Jiafeng's law firm responded to the lawsuit.
Throughout the day, most of London's business community was talking about Jiafeng, which was the talk of the town and received a flood of invitations to various banquets.
No matter which country you're in, once you have money, all those who once looked down on you will bow down and try to win you over, and they won't even care where you got your money.
As night fell, Jiafeng's single-day profit not only stimulated the London business community but also Wall Street, thousands of miles away. After a phone conversation between the Siemens president and Lambert, the two sides finally reached a verbal agreement after nearly a month of back and forth, to proceed as previously agreed.
Several Japanese companies engaged in chip technology exchanges with Siemens, learning from each other's experiences. Siemens' goal, however, was to intercept and suppress Jiafeng's development throughout Europe, push for relevant industry legislation, and completely stifle Jiafeng's business model.
During that year, Nokia developed rapidly, sweeping across the European market. Emil, who had pioneered the Chinese market, had become the group's vice president and was transferred back from the Chinese market to take charge of the European market region, this time mainly targeting the UK market.
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