Domestically, the Jiafeng Group incident has subsided and the news media has stopped reporting on it. However, rumors have never stopped circulating, causing panic throughout the group as everyone fears losing their jobs.
By the end of 1996, the reform of state-owned enterprises had entered a critical phase. Enterprises in the north began to lay off employees. Those with some money would have their seniority bought out, while those without money were simply dismissed and sent home.
The large number of unemployed people led to social unrest, which was a prerequisite for the crackdown in 1996. The country was facing a dilemma: if the problem of redundant personnel in state-owned enterprises was exposed, there would be insufficient employment and public security problems; if it was not exposed, this huge tumor of personnel would be too heavy a burden for the country to bear.
No matter what we did, there were problems, which is why we had to cut back step by step. 1999 was the final painful period!
A large number of unemployed people from the north flocked to the south, and at the same time, the street vendor economy began to rise, which is to say, the re-employment of laid-off workers!
Jiafeng Group bears a huge responsibility for creating jobs; how could it not cause widespread anxiety?
Even so, the decision to let Lu Feng leave with the R&D company was made, a decision that required immense courage and consideration for the overall interests of the country.
Lu Feng had just gotten off the plane when he rushed to the group's headquarters.
Inside Wei Yandan's office, Lu Feng lit a cigarette and asked, "How is it?"
"We're in talks. There are no problems with the general direction, but the details are very troublesome. They want us to transfer the packaging patent," Wei Yandan replied.
"impossible!"
Lu Feng refused outright. What a joke! The manufacturing process technology is insufficient; we rely entirely on packaging and testing to make ends meet.
“I’ll talk to them personally after I finish what I’m doing,” Lu Feng said, taking a drag of his cigarette. “Regarding the transfer of technology patents, we can transfer patents for VCDs, tape recorders, radios, magnetic tapes, and televisions! They want core technologies, and these are our core technologies!”
"One more thing, when signing the agreement, make sure they guarantee that all employees of Jiafeng Group will not be laid off within a year, ensuring employment and continued production and sales!"
“The Shenzhen municipal government is coordinating on this matter, and they have emphasized it. The local government has also reassured us that they can offer some additional benefits in hopes that we will introduce technology and so on.” Wei Yandan said wearily, “We are at odds with the local government on this issue, and I have been under a lot of pressure these past few days of negotiations.”
"Don't worry about the local situation; they're busy with their own little calculations. We'll do ours." Lu Feng stubbed out his cigarette in the ashtray and asked, "How's the group's overall business?"
"The commotion during that period only affected the group headquarters; the lower levels weren't affected. Not counting the outrageous targets John set later, we achieved our own targets by mid-October this year." Wei Yandan's expression was slightly downcast, secretly wondering if she would still receive her bonus.
"Give me a report on the overall situation of the group, and submit it within ten days. I'll contact you again after I finish what I'm doing!" Lu Feng stood up and said, "I'll go back and rest for a bit first."
“Mr. Lu, when will you be finished? During the negotiations, Goodley kept insisting that you go, saying I couldn’t handle it,” Wei Yandan said, standing up.
"Don't pay any attention to that idiot!" Lu Feng said irritably. "Give him a few words for me."
Wei Yandan felt somewhat helpless as she watched Lu Feng's departing figure. She couldn't push forward the privatization process of the R&D company. In any case, it was about exchanging Lu Feng's shares for the R&D company.
Back at the villa, no one was home. Since Duoduo had been going to school recently, his aunt had been going for walks in the nearby park. Lu Feng picked up the phone and called Wei Yandan.
"Have you gone back yet?" I asked after the call connected.
"I'm at the company now. I had a meeting with the board of directors to give some instructions."
"Can we find a trader today? As soon as possible, otherwise things will get really troublesome if something goes wrong tonight," Lu Feng urged.
"Okay, got it. There are plenty of traders. I'll borrow a small team from another fund company for you. It should be done before dinner." Su Yourong thought for a moment and said, "Have them in Hurricane Capital's office?"
Lu Feng agreed, but asked her to hurry, as he felt the storm was coming sooner than expected!
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