These words caused an uproar. If Lu Feng had said this in private, it would have been at most a disrespect to the three companies. But to say it publicly in this setting meant that he was not only disrespecting the three companies, but also Huang Youwei.
Mr. Bao sat there and snorted coldly, leaning back in his chair and saying, "You're still young after all. A big international company, you think you can be on equal footing with us?"
Everyone at the table laughed.
The sheer size of these three companies is unimaginable for a small company like Jiafeng Electronics; even a branch of any one of them in any country is much larger than Jiafeng Electronics.
If Jiafeng Electronics is sold to one of these companies, the remaining foreign companies will definitely make large-scale acquisitions of other electronics companies to compete in the market.
Now that everyone has come empty-handed, everyone is much more relaxed, there is less hostility between them, and they even raised their glasses to clink.
Lu Feng handed the microphone to the waiter, picked up two glasses of wine, walked over to Huang Youwei, placed one of the glasses in his hand, clinked glasses with it, and said, "We are friends, not superiors and subordinates. All good things must come to an end, right?"
After saying that, Lu Feng drank it all in one gulp.
"You want to build a globally competitive company. I'd like to know how you plan to do that? Do you have the money?"
"Funding!"
"Now that we have money, what about the technology?"
"Develop our own products, learn from others, and recruit talent."
"How much money can you raise? To compete with these companies technologically?" Huang Youwei pointed at the representatives of the three companies and said in a deep voice, "If it were that easy, it wouldn't be up to a private enterprise like yours. The state has much more power to mobilize."
"Why not give it a try? It's precisely because people don't dare to think about it that they don't dare to do it. How can you know you can't succeed if you don't try? Facing death might not be a dead end after all," Lu Feng said confidently.
"Is the branch factory settled? Where will it be located?"
"It's not decided yet!"
“You don’t need to lie to me. Didn’t you say that Jiaming Foods’ headquarters would be located in the provincial capital? But right after the New Year, you couldn’t wait to go to Beijing.”
“Yes, I have no reason to lie to you, so I haven’t decided yet. I’ve been planning the headquarters of Jiafeng Electronics since the day it was registered, otherwise I wouldn’t have settled down in Shenzhen.”
"Then I wish you good luck!"
"No! I wish our electronics industry good luck!"
Lu Feng exchanged business cards with representatives from several financial companies in Hong Kong. Two of them ignored him, believing that companies like Jiafeng Electronics, which were not technologically advanced, did not have much investment potential.
At 9:30 p.m., Lu Feng returned to the company. When he arrived at the office door, he found it ajar. He pushed it open quietly and found no one in the office. Instead, he heard a noise coming from the bedroom.
Lu Feng put his coat on the sofa and walked towards the bedroom.
"Who?" Lu Feng shouted in a low voice.
"ah!"
Zhang Fengxia was startled and screamed, immediately collapsing onto the bed. Turning back to look at Lu Feng, she breathed a sigh of relief and said, "You scared me to death!"
"You!!" Lu Feng leaned against the door frame, speechless, and said, "How many times have I told you? Don't come into my bedroom."
"You just said I couldn't come in when you were sleeping. I came to find you, and your bed is a mess, with smelly socks all over the floor. Men really don't know how to take care of themselves. How many socks have you accumulated? Don't you know how to wash them?"
Instead, Zhang Fengxia began to reprimand Lu Feng with a sense of righteous indignation, standing up and saying with dissatisfaction, "You are a person of some standing, what kind of behavior is this?"
Lu Feng stared at her without saying a word.
Zhang Fengxia felt a little guilty under his gaze and said hesitantly, "I can't do without a woman by my side."
"My bed is still cold at night, so what?" Lu Feng stared at her and said.
"Then I have to talk to Xiaoyan..."
"Go away, go away." Lu Feng said irritably, "I'm just going to throw it in the washing machine later, what do you want with me?"
“I’ve read your restructuring report and have been thinking about your plan for a while now. It’s too reckless and too difficult. I’ve made transoceanic calls to some business consultants and mentors abroad, and I’ve also asked around and asked some Wall Street executives. When they heard your plan, they all exclaimed that you’ve gone crazy.” Zhang Fengxia said, sitting on the bed: “Sell it, or just focus on development.”
"How will you know it won't work if you don't try? Just because you're afraid of losing the present, does that mean you won't pursue the future? Two years ago..."
“I know you want to say that you’ve been creating miracles, but this is too difficult. Just one question: where will the money come from?” Zhang Fengxia asked. “Are you going to list overseas? Are you sure the mainland market can support the stock market’s confidence in you?”
"I will not go public!"
“If you don’t go public, where will your money come from? Even if you do go public, why would so many large electronics companies and investors invest in you?” Zhang Fengxia looked troubled and sighed, “When I was asked these questions, my mind went blank.”
"The money is divided into two parts: financing and profits!" Lu Feng said seriously.
“Our current valuation is 1 billion. Even if you give up 30% of your equity, you will only get 300 million. That’s too little money. You still need to invest in R&D and stand out among those electronics industry giants. I asked those executives, and they have done data modeling for these kinds of companies!”
"If you do well, you might only need to spend 5 billion to 10 billion to make a profit. If you do only so-so, conservatively speaking, you'll need to burn through 50 billion!"
When Zhang Fengxia heard this number, she was shocked. It was 50 billion yuan, an absolutely astronomical figure.
"Let's take it one step at a time, start with reorganizing!" Lu Feng said calmly.
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