Sean had been gathering information about Nokia a lot lately, and he learned privately that Lu Feng had also been busy, contacting several powerful companies as if he really wanted to help Nokia make connections.
As evening approached, Sean was already waiting at the entrance of the Western restaurant. He had finished all the work that Jiafeng was supposed to do as an advisor in Europe, and he also knew that Jiafeng's business had reached its peak.
Compared to before, he is now truly serious about this. If he can bring this matter together, whether it's legal counsel, financial guarantee, or risk control, as long as he gets involved, it will be a huge sum of money.
After waiting for a good ten minutes, an Audi pulled up in front of the restaurant. The bodyguard in the passenger seat got out and opened the back door. Lu Feng got out, looked at Sean in front of him, smiled, and patted Sean on the shoulder politely, saying, "Why are you still standing here waiting?"
"We arrived a little early, it's alright." Sean said very politely, "The private room is ready, let's go up."
The two walked inside and were led into a private room by a white supervisor. Lu Feng took off his suit jacket and put it aside. He sat down and casually said, "It's been a while since we last saw each other. I've been really busy lately. I don't know what I'm busy with all day long. I'm completely disoriented."
“You’re not the same person you were when you first arrived at the beginning of the year. It’s amazing how fast time flies; half a year has passed in the blink of an eye. I never expected Jiafeng to develop so rapidly here.” Sean smacked his lips with a hint of reminiscence and admitted, “Now that I think about it, I misjudged you back then.”
“Isn’t that normal? I’ve misjudged too many people along the way.” As Lu Feng spoke, the waiter poured tea and set out hot towels. Lu Feng looked up at him and said, “I’ve met quite a few people here in the past six months. When Kevin introduced you before, he said you were retired. But from what I’ve learned so far, you’re not just retired, are you?”
Sean was taken aback by this, then laughed and said, "I run a consulting firm that helps people build corporate structures and do market research, but compared to you, it's nothing. That's why I didn't mention it back then. These past six months haven't been easy, so we're definitely friends now, right?"
“Friends, of course we’re friends!” Lu Feng said with a smile.
Several waiters poured thousands of dollars worth of wine into a decanter, poured a little into each person's wine glass, and stood by, ready to refill the glass at any time.
Sean looked up at the group and said, "You can all go out now. We'll pour our own drinks."
After the waiters left, Sean cut off a piece of steak, took a bite, and said to Lu Feng, "Since we're old friends, let's speak frankly. Is the Nokia thing true, or was it a setup you deliberately set up?"
"It's true, and it's not true." Lu Feng picked up his wine glass and took a sip. He couldn't taste anything special about such an expensive red wine. He turned to Sean and said, "Nokia does want to raise some funds from the market, but at this time, they don't want to shake the management's confidence. They want to do it quietly, but I think they can take advantage of the situation."
"nibbling away?" Sean asked, somewhat puzzled. "I'd like to hear about it."
"It's simple. I recently checked Nokia's market share in Europe. In terms of communications infrastructure, they account for about 30% of the market. In terms of 2G signal transmission patent technology, they still lag behind Ericsson, not to mention companies like Sony. It's basically unlikely that they will make further efforts. The company with the highest market share should be China."
"so what?"
"So, they'll sell themselves off little by little. Right now, the whole top management's idea is to raise some money to completely increase market share, at least to achieve something in the mobile phone sector. Through my own research, I've found that it's beyond saving; it's just a matter of sooner or later. In my business perspective, the new century will be the time when Nokia disappears," Lu Feng said to Sean with great certainty.
He also knew quite a bit about Nokia's basic situation. Many people were pessimistic about the company after it was spun off, and now it is struggling. The situation that Lu Feng mentioned is very likely to happen.
“How much money do they want to raise?” Sean asked.
"I didn't say, I just want to use stocks as collateral. Because the prices at the banks are relatively low, I'll pledge some to the banks and seek higher returns in the private sector or other resource exchanges. When I talked to Elmi, she said it would be best if we had sales channels and resources. They're in a hurry about that right now." Lu Feng said, eating a piece of steak.
Sean's mind raced. After a moment of silence, he said, "Why didn't you answer the phone when Herman contacted you? Siemens is very interested in Nokia, and they also have a hand in Jiafeng's foreign exchange and capital issues."
“I don’t like that person. To be honest, I have a strong personality.” Lu Feng put down his knife and fork, looking very angry. “Damn it, when I called him to try and contact him, he wouldn’t even answer the phone. Now he remembers me? He’s just trying to stop me from getting funds out. I made it clear to the board of directors a few days ago that funds from various countries will not be allowed to leave for the time being. We’ll restrict some funds in Africa and then restrict some in Europe. It doesn’t matter.”
Lu Feng's voice was filled with emotion, giving off a sense of resignation.
“You can’t act impulsively in business matters. Besides, if you don’t get these funds out here, they’ll eventually drain your pockets,” Sean continued to probe.
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