"No?" Lu Feng asked incredulously.
“There is that unit, that floor, and that room number, but the people living there don’t match what you described.” Wei Yandan explained the situation, not daring to ask Lu Feng why he was looking for this family, even knowing the birth dates of the male and female owners.
"Okay, I understand." Lu Feng said and put down the phone.
He slumped onto the sofa, the bright sun shining through the window, the intense heat in the air seeming to drain all his strength.
It no longer exists!
Everything is gone!
Lu Feng's soul was like a rootless weed in this era. For a moment, he felt that the world was so strange and lonely, like a person who had just arrived in a strange city, wandering on the overpass, watching people come and go, and the endless flow of cars. Everyone had a place to come from and a place to go.
Only his own eyes were desolate.
Three days later, as the plane landed, the prepared trucks loaded the lithography machine production line, and a police escort took it directly to Jiafeng's third factory area. A simple welcoming ceremony was held on site, and unloading began immediately.
On the London Futures Exchange, the price of tungsten ore has stabilized at 100,000, unshakable. As demands for the goods were made, three US tungsten mining companies increased their margin requirements. The three companies began communicating with senior US officials overnight. At the same time, Quantum Fund and Tiger Fund were also involved.
This was a futures transaction that could not be closed out or settled, but Schroders insisted on this point, forcing them to continuously pay default penalties.
With intervention from both sides, South Africa has maintained a balance. Simply put, the issue remains unresolved, and delaying it is beneficial for the Schroders Group to do so even by one day.
With less than a week left before the closing, the US finally couldn't hold on any longer, and the two sides communicated by phone.
In the conference room at the Schroders Group headquarters, John sat next to the CEO with a smile on his face. This futures transaction could be described as having both prestige and financial benefits.
Several people shared their opinions. When it was John's turn, he put down his pen and said confidently, "If they don't want to pay the penalty and just want to liquidate their positions, that's fine too. We can sell Jiafeng to them. Now I can confirm that Jiafeng's value isn't that high."
"Of the $3.5 billion we promised to invest, $2.5 billion has already been put in. If they are willing to put up $4 billion to take over, then the futures issue will be considered a thing of the past."
"Would selling Jiafeng now result in losses in the chip industry?"
“No, with the signing of the Wassenaar Arrangement, Jiafeng no longer has any development in the chip field, and its development in the mainland market has basically reached its limit. In addition, its development in overseas markets is not going well. A valuation of 10 billion US dollars is indeed too inflated. In the United States, it is even considered an obstacle to high-end manufacturing. It would be better to sell it in advance,” John explained.
The people present looked at each other, secretly thinking, "This is clearly your investment mistake, and now you're trying to make up for it."
Will the other party buy it?
“Jiafeng still has value, and it has indeed been making headlines recently. Some financial media outlets and financial professionals within our group have been praising it. There shouldn’t be any major problems. They’re going to lose a lot of money this time. Buying Jiafeng back is still a pretty good choice,” John said confidently.
Indeed, compared to losing money outright, buying something to take home seems more worthwhile.
"Does Jiafeng sell them?" a vice president next to him asked. "There should be relevant restrictive clauses in the agreement, right?"
"I've already made arrangements for this," John said confidently. "The board's vote will definitely pass."
"That's good. You'll be in charge of this." The CEO finished his instructions and said, "Meeting adjourned!"
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