Another round of applause erupted. Lu Feng turned directly to Zhang Fengxia and asked, "How's the new factory?"
“Construction has already begun, and production is expected to start in March next year. The foundation and other aspects have been completed, so the progress is very fast. Some of the municipal funding has also been secured.” Zhang Fengxia pondered for a moment before continuing, “President Lu, the market is currently declining rapidly. Next year, other companies will rush to iterate their products. If we expand our new factory, we will have excess capacity.”
“Our products also iterate,” Lu Feng said, looking at Liu Cheng. “What do you think of the latest Wepda design?”
"It's easy to make TVs bigger, but things like picture quality, signal strength, and color are still very difficult. There will be some improvement, but compared with top domestic brands, the gap is still quite obvious," Liu Cheng said, forcing a smile.
"The factory area still needs to be expanded. It will be needed sooner or later. Even if it collapses in the market, it won't collapse in a day. Continue to cultivate the market and take the opportunity to lay the foundation for sales channels across the country. Next year, they will definitely launch a price war against us. Anyone with a brain can see that." Lu Feng looked at everyone and said, "We have 280 million now, and we owe the bank 200 million. I estimate that we will have a surplus of less than 100 million from the new factory area, right?"
The finance manager nodded and said, "Once the factory staff, hardware construction, and overseas equipment procurement are all settled, we should be able to save 70 to 80 million."
The atmosphere at the scene was somewhat tense. If Weipuda made money, the bank would be easy to talk to, but once it stopped making money, they would immediately come to collect the debt, ostensibly to avoid risk.
Banks are great in every way, except for this one thing: they always prefer to lend money to businesses that don't need it, because that's more stable.
"Next year's R&D budget is 100 million!" Lu Feng looked at Liu Cheng and said with a heavy expression, "I'm giving you a death order. I'll give you a year to hold out. After a year, I want the technology patents. At that time, not only will Weipuda's quality be on par with the top domestic brands, but we will also launch a brand new brand and enter the overseas market!"
Liu Cheng felt a heavy pressure on his shoulders, but since he had already invested 100 million, if he couldn't achieve results, he shouldn't stay in the industry.
“No problem, I’ll give you my word.” Liu Cheng suddenly remembered something and hurriedly said, “President Lu, I recently met a very talented engineer who works at Sharp.”
"Dig it over!" Lu Feng said.
"This guy is quite stubborn. He talks about craftsmanship and looks down on us. The salary over there is higher, more than 200,000 yuan a year. I wanted him to work under our company. He's been working on it for several days now." Liu Cheng was also quite troubled. He didn't want to miss out on this kind of talent.
"Where is he? I can meet him sometime." Lu Feng became interested.
"He's still at the company today. Um... Xiao Wang, call General Manager Jiao over and tell him the big boss is looking for him," Liu Cheng instructed a clerk at the door.
A short while later, a bald man in his thirties entered. He was almost bald on top of his head, and Lu Feng could tell at a glance that he was a powerful man.
The other person stood beside the conference table, his face full of arrogance, his back ramrod straight. He looked at Lu Feng with surprise and asked, "Are you the boss?"
"Yes, you work at Sharp?" Lu Feng asked.
"Currently, I serve as the chief engineer for a team at Sharp, responsible for circuit design and materials." The other person finished speaking and smiled, exuding confidence.
"I hope you can serve as a consultant in our R&D company. You only need to offer suggestions on some drawings and design ideas. As for your salary, you can name your own." Lu Feng said to him.
"Mr. Lu, is that right?"
Lu Feng nodded.
"I believe you've studied a text about a monk in a large monastery who couldn't compete with his fellow monks in terms of scriptures. He wanted to go to a smaller temple, but before leaving, the abbot called him over and showed him a bamboo grove. There were thick bamboo stalks next to thick bamboo stalks, and weeds next to weeds. The monk understood, and so he didn't leave." The other person smiled and said, "I was just curious about your company, so I came to take a look!"
Lu Feng knew that what he was trying to say was that one can become even better in an excellent company.
"After all that talk about monks and bamboo, just tell me how much you want," Lu Feng asked directly.
"Mr. Lu, you've misjudged me. What I care about more is whether I can make further progress in research and development. As for money, you've really misjudged me." He shook his head dismissively and said, "I'm an ambitious person, an engineer who wants to go further!"
“I’ll give you two hundred thousand a year,” Lu Feng said, staring at him.
His expression turned cold. He stared at Lu Feng for a few seconds, then chuckled and said, "You have a good eye for people!"
Liu Cheng was shocked. A consultant who didn't have to work regular hours had an annual salary of 200,000?
Lu Feng looked at him and gestured for him not to speak yet. Research and development had become the top priority, and time was of the essence. If they were poor, they would use strategic deception; if they were rich, they would use money to attract talent. As long as the talent came, nothing else mattered.
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