Chapter 203 Gao Zhiwei's Disappointment



"Come in!"

The office door was pushed open, and Huang Youwei looked up to see Secretary Cui beaming with joy. He asked, "What's wrong today? Why are you so happy?"

"I've contacted a wealthy businessman who's very interested in the Panda branch factory," Secretary Cui said, almost laughing out loud.

"Really?" Huang Youwei stood up abruptly, overjoyed. He pointed at Secretary Cui and said, "You always manage to make things happen. If this is done well, it will be a great achievement."

"No, no, it's mainly because of your leadership; I only did some minor work," Secretary Cui said modestly.

"Hahaha, Xiao Cui, this matter involves a lot of people. The previous administration couldn't solve it because they were incompetent. It has become a major headache for the city. You need to pay more attention to this matter recently. When the time comes, we will set up a task force to resolve it. I will be the team leader and you will be the deputy team leader." Huang Youwei patted Secretary Cui's shoulder with a smile.

Secretary Cui was flattered. These kinds of groups are usually led by the deputy mayor, and he was just a secretary. He hurriedly said, "Don't worry, I will definitely not let you down. From today onwards, I am your alter ego."

"Hahahaha, good, good, good."

Stepping out of the office, Secretary Cui's brows relaxed and her smile broadened. Upon returning to her office, she saw some documents from the county and district being submitted to higher authorities on her desk. With a wave of her hand, she signed them and placed them in the designated area for assignment.

...........

Last night's Electronics Technology Conference was undoubtedly the most watched and attended by the most industry professionals since its inception. It made the front page of 27 major media outlets across the country and was broadcast on six provincial television stations.

Although Lu Feng and Jiao Enfan did not build a factory, their names were already known in the industry across the country. Jiao Enfan had too many titles: high education, good looks, and extraordinary background. Although many people did not think highly of him, they dared not say much, otherwise they would be attacked. "He is a PhD, what are you?"

You have to pick the softest persimmon to squeeze. Lu Feng is definitely a soft persimmon. He comes from a peasant background and became rich unexpectedly in their eyes. He has all sorts of labels on him, such as country bumpkin, nouveau riche, and bumpkin. Moreover, he is young but has a big mouth. Even repairmen who are a few years older than him can tighten screws while saying that he is not qualified to understand electronic technology.

Throughout the industry, the insults and ridicule directed at Lu Feng were unparalleled for a time. The advantage was that before he even entered the industry, people in the industry wanted him to get out, making him a highly controversial figure.

Jiao Enfan, on the other hand, quickly disappeared from the spotlight. If viewed from a hype perspective, Lu Feng is definitely the most popular right now.

Lu Feng transferred another five million from the account to the Jiafeng Electronics Technology Company account. Liu Cheng officially announced that he had joined Jiafeng Electronics Technology as the chief engineer and was recruiting employees with very generous salaries.

Jiafeng Electronics Technology's R&D headquarters officially settled in Shenzhen Emerging Technology Industrial Park. Liu Cheng then accepted an interview with reporters. Because Lu Feng has been in the limelight these past two days, people were scrambling to interview Liu Cheng, giving the impression that he was a popular celebrity.

In an interview, Liu Cheng said that he left the company because of disagreements with the original company's philosophy. He did not respond much to the rumors. Now that he is the chief engineer of Jiafeng Technology, he will highlight his personal style in product development, and several products will be launched within a year.

Especially in the low-to-mid-end market, Jiafeng Technology will bring about a new industrial landscape. As for concerns about technology licensing, the patent licensing issue has been resolved, and the remaining issues will be resolved soon. There will be absolutely no issue of technology patent infringement.

Everything was proceeding rapidly and seemed to be going smoothly.

Gao Zhiwei called in the morning to report on the work and financing situation. Lu Feng was called to lunch by General Manager Hong and did not receive the call. The call came again at 2 pm.

"How's things at the factory lately?" Lu Feng asked as he answered the phone.

"Everything is fine, the market is stable, Mr. Lu, did you transfer another five million?" Gao Zhiwei pressed.

"Yes, what's wrong? Is there not enough money in the account?"

“We have plenty of funds now. The first phase of the major factories is almost finished, and the money has been transferred. Profits are starting to stabilize. It’s just that some of the middle managers in the factories are complaining.” Gao Zhiwei said this, but he was not very satisfied with Lu Feng’s approach either.

Lu Feng has taken nearly ten million yuan in total. The money in the factory belongs to everyone, and thirty percent of that ten million yuan belongs to them.

"Have Mr. Li keep separate accounts. After the financing, I'll just fill in the accounts. Has Wahaha started production yet?"

"We expect autumn snacks to officially hit the market next month. We've also developed some children's snacks for the Lunar New Year this year, and their market share is currently quite stable. Mr. Lu, it's been several months already, aren't you going to come back for a visit?"

"Let's wait a while, until I finish things here. How's the financing going?"

“Our market is stable, with a high future growth rate, and it’s very popular in the capital market. We’re valued at 400 million, right? Several Hong Kong investment companies are competing with each other, and they’ve managed to raise the valuation by 100 million. Now there are three very suitable ones. I estimate it will be after the National Day holiday. Or should we wait for you to come back?”

Lu Feng thought for a moment, realizing he might not be able to go back, and said, "We'll see. I signed the agreement before, so if I can't go back, we'll do it according to that."

"President Lu, there's something else. Next year we're going to form a group, right? Where should we locate our headquarters? People from the city have contacted me, hoping it will be located in our city, promising a lot of benefits. People from the province have also called, hoping it will be located in the provincial capital, since it's a big city."

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