Chapter 253 Money Can Heal All Wounds



Lu Feng originally wanted to talk to a foreigner, but he didn't expect him to be a yellow-skinned, yellow-hearted guy. The two looked at each other and couldn't help but laugh.

"This is my business card. I believe we can cooperate." Lu Feng handed over his business card.

Zhuang Yuntian took it and glanced at it, then took out a business card from his pocket and handed it over, saying, "Your electronics factory is in dire need of start-up capital. Jiafeng Electronics Technology's debt ratio is almost 170%. You're right, we will cooperate, but I'm not interested in the semi-finished products you're building now. We're not venture capitalists."

"There's not so much risk involved. Do you know why I dared to gamble on television sets?" Lu Feng asked mysteriously, "Do you know about the national plan?"

"A national plan?" Zhuang Yuntian asked, puzzled. "What plan?"

"Industrial upgrading, the electronics industry must reach the world's first-class level within the stipulated time. Although I am not a state-owned enterprise, nor am I in any high-tech industrial park, I can still get subsidies. These subsidies are given secretly. This is competition between countries, understand?" Lu Feng winked at him.

Zhuang Yuntian suddenly realized what was going on and nodded, asking, "What does President Lu mean?"

"I've done everything I needed to do beforehand. Now I'm just short of some start-up capital. Here's what I mean: I'll leave my equity unchanged and issue some corporate bonds through a shell company. You can buy them. My company will be acquired by the government. Let me tell you, the government will pay an astronomical price for it. Do you understand what I mean? Your corporate bonds will double in value without any problem. Just write a higher interest rate on them."

Lu Feng's idea was simple: to establish a company, entrust Jiafeng Electronics' corporate bonds to Fulong Fund, and then have Fulong Fund buy them. In this way, Fulong Fund would have no relationship with Jiafeng Electronics.

As for the contract, it will definitely be based on nationalization. As for when nationalization will happen? Probably in the next life!

Zhuang Yuntian had heard a lot about this. The country was undergoing industrial upgrading and attracting investment. If a reliable person told him this, he would believe it. The key was that Lu Feng was unreliable in his mind.

Such methods are common and nothing new. Zhuang Yuntian pondered for a moment and said, "I need to report this to headquarters. Mr. Lu, would you mind revealing the code name for this project?"

"Sorry, it's top secret!" Lu Feng stood up after seeing that President Hou on the stage had finished speaking and said, "We can talk. It's normal that you don't trust me. You can come to my company for a visit sometime, and I'll find you someone trustworthy."

Lu Feng stood up and walked towards Zhu Lidong. The atmosphere at the scene reached its peak. Each of the big shots was surrounded by three or five people exchanging polite greetings. Lu Feng took the opportunity to walk up to Zhu Lidong and said, "There are too many people here. Let's go over there and get something to eat."

"President Zhu is talking to me, what are you doing?" A short, middle-aged man looked at Lu Feng.

"Why are you talking so much nonsense? Get out of here, I'm talking to President Zhu right now, let's go!" Lu Feng reached out and put his arm around Zhu Lidong's shoulder, pulling him aside.

"Sorry, let's talk later."

"Who is this person? Trying to steal someone's time while just chatting, really..."

Lu Feng pulled Zhu Lidong to the buffet area, picked up a plate, gave him two pieces of pastry, and ordered a cup of tea. They ate in a secluded spot.

"Not bad, it's quite delicious." Lu Feng nodded as he ate.

Zhu Lidong had no appetite and kept looking at Lu Feng, asking, "Mr. Lu, is there something you need?"

"I told you before, you mustn't be too naive. Seriously, these days businessmen are all cunning. Honest and simple people like me are almost extinct, like pandas. I just saw you working so hard for him, and you were about to fall into his trap," Lu Feng said sincerely.

"I think it's unlikely. It's been so many years, and they've been talking about nationalization all along. But now state-owned enterprises are undergoing a lot of mixed-ownership reforms. I've heard that there will be big moves in state-owned enterprises in the next few years."

"How could that be?" Lu Feng shook his head repeatedly. "Think about it, how can the country feel at ease if it doesn't have these important companies under its control? There were rumors before, but now Lenovo has started independent research and development..."

Within minutes, Zhu Lidong's brows were furrowed and his face looked grim!

The debate over the "iron rice bowl" is extremely intense. Is the "iron rice bowl" still secure? Can state-owned enterprises withstand the pressure? With the implementation of mixed-ownership reforms across the country, some township enterprises are rising and poaching employees from state-owned enterprises, especially R&D and management personnel!

Private enterprises are profitable and competitive in the market, so they offer higher wages. For example, Jiaming Foods has poached all the state-owned enterprises in the surrounding area!

Poor market performance, reduced subsidies for state-owned enterprises (SOEs), and the allowance for SOE bankruptcies are already foreshadowing the coming years for some SOEs.

However, there has always been a strong superstition among the public that the "iron rice bowl" (guaranteed job) is a secure job. These people believe that the government cannot ignore the situation, and that if everyone were laid off, things would descend into chaos.

Following this line of thought, the strongest voice is that state-owned enterprises will not be eliminated; on the contrary, private enterprises will be dealt with, and these speculators will ultimately gain nothing. The call for the nationalization of private enterprises is particularly strong.

This voice has been penetrating from the bottom up and reaching the ears of these people. Lenovo's situation is too special. The major shareholder is the Chinese Academy of Sciences, and the research and development is done by the Chinese Academy of Sciences. It is a state-owned enterprise, except that private individuals hold a small share.

"Don't be naive, prepare a backup plan for yourself." Lu Feng patted him on the shoulder and said, "If you need anything, I can help you find something. Of course, my door is always open for you, brother. Why don't you go take a look?"

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