The scene was chaotic, with everyone opposing the production halt and even threatening Ma Wanjun that they would bear all the consequences if production was stopped.
Some people at the scene even started hurling insults, disregarding all decorum.
Ignoring these comments, Ma Wanjun simply wished everyone a pleasant time, then put down the microphone and left the scene.
joy?
It would be strange if these people were even slightly happy. Some reported the situation to the company, some contacted the Ronald family directly, and some even contacted the local municipality directly, using connections or other means to put pressure on them.
In South Africa, as evening falls and the sun sets, workers from various mines gradually return to the surface. The roar of the machines ceases, and for a moment, the whole world falls silent. The supervisor comes over to announce that production will be suspended starting tomorrow, and all workers will wait at home with half pay.
The workers on site were overjoyed when the news came out. They could get half their wages without doing anything; they had never had such a good thing in their lives.
Then the person in charge announced another thing: a temporary mine protection team would be formed, requiring more than a dozen skilled workers, with an additional high salary on top of the original half salary.
Within hours, several large tungsten mines ceased production, and some smaller tungsten mines also shut down one after another, leaving only a few small mining tunnels.
As soon as Ma Wanjun returned to the company, he received a call from the local municipal government, demanding that he abide by the contract, protect the local business environment, and not stop production.
Ma Wanjun told the local mayor on the phone that this was to better comply with the contract, and that they had done the right thing.
The other party was extremely aggressive on the phone, saying that if he dared to stop production, the local court would dare to rule against him. Hearing this, Ma Wanjun could only make excuses, saying that he couldn't do it, that it was a matter for the head office, and that he would only produce if the head office told him to.
Not only was Ma Wanjun harassed, but the Ronald family was also threatened. When the contract was signed, their family company was enjoying kickbacks, but now that this has happened, it's not something they can just dismiss with a simple "it's not my responsibility."
Ronald's father even received a death warning. Ronald's family knew that this was beyond their ability to handle, so they simply took a plane to Europe for a vacation overnight, leaving several vice presidents to manage the situation.
Back home, Lu Feng heard Ma Wanjun report the situation over the phone and instructed him to make sure to prepare for safety, to spend the necessary money, and to make sure that any unreasonable demands were met.
At the headquarters of Jiafeng Group, Lu Feng held several meetings this morning. The group building has entered the interior decoration stage, and the final phase of the Tianjin plant project will also start this year. The television market continues to expand, achieving growth for eight consecutive years.
At the meeting, Lu Feng asked them to continue to establish the brand and expand sales outlets in various provinces across the country. The mobile phone market is only so big and won't cause much of a stir. The only movement is that the China Post and Telecommunications Group has officially started the separation process, and China Unicom will eventually leave this big family.
In the afternoon, in the meeting room, Lu Feng briefly explained the situation in South Africa and said to the finance manager, "There is a chance to make money now. Before long, the price of tungsten in the futures market will skyrocket. Now is the time to go long. We can allocate some funds to participate in futures trading."
Seeing Lu Feng's troubled expression, the finance manager said, "Mr. Lu, our financial requirements are not to participate in risks. If we invest little money, we won't earn much. If we invest a lot, the board's supervisors will report it, and it also needs the board's approval."
At the scene, Wei Yandan, Du Guoying, Zhu Lidong, and other core executives looked at each other, all understanding the meaning behind Lu Feng's call for this meeting.
Lu Feng knew, of course, that the finances were overseen by the board of directors, and he also knew how unhappy John was with him. So he just vented his frustrations.
However, the information revealed was that the price of tungsten in the futures market was about to skyrocket, and companies could choose not to invest for various reasons, leaving individuals unattended. This was tantamount to giving everyone present a huge bonus.
"That's the difficulty of companies with a board of directors system; a big ship is hard to turn around." Lu Feng seemed quite helpless, and sighed, "I made some investments during the Chinese New Year, and I've spent all my money. I'd like to borrow some money from the company. Is that alright?"
“No problem!” Zhu Lidong was the first to speak. “It would be too unreasonable to refuse this. I’m a little short on cash lately!”
Lu Feng looked at Zhu Lidong, then glanced at the others, and said, "You guys can forget about it. Wait until I pay the money back, then you can borrow more!"
The finance manager, of course, knew what President Lu wanted to do, and nodded, saying, "It should be fine, but there will be interest."
"Sure, interest is fine. Is lending 100 million no problem?" Lu Feng asked.
"US dollars or RMB?" the accountant asked somewhat nervously.
"US dollars!"
"It's a bit difficult. Company financial regulations stipulate that loans exceeding 50 million US dollars require board approval to ensure there is no risk and that there is collateral," the finance officer said awkwardly.
"Then let's make it fifty million!" Lu Feng said helplessly.
"There must be collateral or a guarantor!"
Lu Feng glanced around and pointed to Wei Yandan and the others, saying, "They vouched for me!"
Zhu Lidong and the others suddenly realized that there was a price to pay for letting them drink the soup; they had to be the suckers.
Wei Yandan, sitting to the side, couldn't help but laugh. Trying to get something from President Lu for free was as difficult as climbing to heaven. The group could only obediently sign the guarantee agreement.
As he left the meeting room, Lu Feng said to the finance manager, "Could you open an account for me at the London Futures Exchange and then buy tungsten ore all of it? It's a personal matter, thank you."
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
