Huang Youwei yawned and left. As long as nothing serious happened, he didn't want to get involved. As long as Lu Feng settled things with Xiaoli Village and the Panda Factory, the city wasn't worried about Lu Feng not paying him!
Lu Feng put down the documents and looked at Zhao Ergou, asking, "Village Chief Zhao, what's going on with these shares? The data here is very confusing, and it's involved in a case of embezzling state-owned assets. According to the final statement, you only own 3.5% of the shares."
“The equity issue was caused by a dispute. We invested 50 million, and it all went down the drain. We also took the land. Mr. Lu, I had a meeting in the village yesterday. We won’t ask for more. One price, 50 million!” Zhao Ergou said, holding up five fingers.
Lu Feng glanced at the documents and found that Huang Youwei only recognized 3.5% of Xiaoli Village's shares. If he offered 50 million, the price of the factory would be raised to 1.5 billion.
It's estimated that no private enterprise in China could afford such a price.
"Of course, if Mr. Lu thinks the price is a bit high, we can accept a price of 20 million, but there is one condition: everyone in our village must work in the factory and their wages cannot be less than 500 yuan."
Lu Feng shook his head repeatedly, unable to agree to either of these conditions. He looked at Zhao Ergou and said, "I still hope that Village Chief Zhao can provide a suitable solution. The conditions you have proposed are too far off. I genuinely want to resolve this matter. If you keep dragging this out, you will end up with nothing."
"Mr. Lu, I'm a villager, a farmer, I don't know anything about these things, I'm just a messenger. These are all the villagers' opinions. The villagers said we won't take advantage of them, we just want to get our money back."
Zhao Ergou's dark face was full of embarrassment. He took out a cigarette without a handle from his pocket, lit it, and took a puff.
Lu Feng nodded slightly and said, "Let's leave it at that for now. I still hope that Village Chief Zhao will go back and do more work so that we can resolve this matter properly. I'll go to the factory tomorrow to take a look and listen to the villagers' opinions."
Zhao Ergou nodded and left. Lu Feng sorted out the documents and sat there pondering for a while. He didn't want to cause trouble for Huang Youwei. If he could pave the way with money, that would be best. Spending a few million more was no big deal.
Lu Feng looked through the judgment from that year. Several township enterprise bosses colluded with Xiaoli Village to gain control of the Panda branch factory. They used their shareholder status to appoint Zhao, Li, and two others to important positions, transferring more than 84 million yuan in benefits to these township enterprises.
This was a major case that shocked the entire province at the time!
The village chief of Xiaoli Village has been sentenced. The 50 million yuan investment was deemed invalid and was directly given to the city's treasury as a deduction from the embezzled funds. Xiaoli Village's shareholding dropped from 25% to 3.5%, but the people of Xiaoli Village disagreed.
The entire village protested at the factory, and coupled with lawsuits and market issues, it closed down a few months later.
Over the next two years, numerous companies, including state-owned enterprises, came to acquire the village, but none of them were able to reach an agreement with Xiaoli Village, and the matter came to nothing.
Xiaoli Village has a registered population of 1,745, but only a little over 400 people actually live there. Half of them are middle-aged and elderly people over 40 years old. Because it is close to the urban area, most of them have moved to the city.
"Four hundred people? Fifty million?" Zhang Fengxia exclaimed as she flipped through the documents, "If this is given, Huaxi Village will be nothing but a pauper compared to Xiaoli Village!"
"The court has already ruled, so it's obvious they're trying to renege on their debt. They're insisting that demanding 50 million is the reason for the previous failed acquisition of the company. It's clear that this village is very difficult to deal with!" Su Yourong analyzed.
"I think we should contact the panda factory first, sign the acquisition contract with the city, and then go through the legal procedures. Even if we calculate it according to the previous terms, Xiaoli Village only owns 25%, which is just a small shareholder..."
Su Yourong interrupted Zhang Fengxia directly: "That's too idealistic. Do you know what it means to be a troublesome little devil? The factory is occupying someone else's land. If they're unhappy, do you still want to start production? I'm afraid you won't even be able to get through the gate."
Lu Feng organized the information and put it into a folder, saying, "I'll go to the village tomorrow and see if we can have a proper talk."
Su Yourong shrugged. She wasn't too optimistic about the matter, but she also knew that with Huang Youwei there, Lu Feng wouldn't be able to fully utilize his abilities.
News of Jiafeng Electronics Technology's acquisition has spread like wildfire, especially reviews of the Panda branch factory. Compared to Lu Feng's success in the Yangtze River Delta region, Jiao Enfan's Enfan Electronics Technology is thriving in the Pearl River Delta region, with its factories, machinery, and publicity all in place.
Although the product hasn't been released yet, a product launch event has already been held, and the first model, called the Extraordinary Crystal Tube TV, is expected to be launched by the end of the year.
At the product launch, Jiao Enfan gave a grand introduction to his technical team, high-tech factory, high-end strategy, and various tongue-twisting black technology names, while also taking a jab at Lu Feng. The last segment was titled "Where is the competition?"
The two were basically on the same starting line, doing the same thing, but now their progress is worlds apart.
Zhao Ergou returned to the village. At the village entrance, six or seven middle-aged men were squatting and smoking. Standing at the village entrance, one could see the Panda Branch Factory, which looked like a small mountain in the distance.
"How did the talks go? Did they pay you?"
"The villagers are all waiting for news. How much money will they give us?"
"I read in the newspaper that he's a big boss!"
The group chattered amongst themselves. Zhao Ergou stopped his motorcycle, glanced at them, and said, "Just wait to get rich. I'm telling you, whether you can get rich or not depends on this wave."
How much will it cost?
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