Chapter 463 New Year's Greetings



"I have a strong grip, so please don't be offended. But a young person like you probably won't feel anything," General Manager Zheng said with a forced smile.

"President Zheng is really a reckless man," Lu Feng scoffed.

"Um... Mr. Lu, please take your seats. The conference has already begun," the host said.

Lu Feng sat down and crossed his legs to watch the show. The situation was really bad. They were surrounded by wolves, and all sorts of well-established companies were rising up. It wouldn't be easy to withstand this wave.

After a long opening speech, the host turned his attention to Li Quanliang and said, "Next, please welcome Mr. Li to explain the future market trends. Everyone, please give him a warm welcome."

Li Quanliang stood up, straightened his suit, glanced at Lu Feng, and said, "Mr. Lu, are you ready?"

"Are you going to start yelling at me?" Lu Feng looked at him and said, "If so, are you sure you won't end up in the hospital from my yelling?"

The other party snorted and walked towards the stage. After saying a few polite words, he said, "Today I want to talk about where the future of the domestic electronics industry lies. The current electronics industry is flourishing, but there are very few good companies. High-quality electronics companies are being squeezed out of their survival environment by some garbage companies."

“At this time last year, I had not yet taken over Changhong, but I had been paying close attention to the chaos that followed. Companies that cheated on subsidies, policies, and consumers—these ‘three-fold fraud’ companies were a cancer in the industry, and this cancer grew very rapidly at one point.”

"They sell inferior products as superior ones, dumping large quantities of junk products into rural areas under the guise of market penetration. Some of the bad apples among us are really clever, they're really good at it, but they just don't do their jobs properly."

The entire audience burst into laughter, and all eyes turned to Lu Feng.

"As everyone knows, we are undergoing our first industrial upgrade, and the electronics industry is of paramount importance. The home appliance market is a huge market, and it is our social responsibility to provide our people with good products, not to use rubbish to fool them."

“I personally witnessed a 69-year-old man who had saved up 3,000 yuan to buy a TV, only to be lured away by Weipuda’s people. You probably don’t know how crazy Weipuda’s sales are.”

“Those people are like madmen. As long as they know you bought a TV, they stick to you all day long, following you wherever you go. Companies like Jiafeng Electronics are masters at brainwashing their employees, calling it corporate culture. I just want to ask President Lu, where do you get so many high-sounding words?”

"Our electronics industry upgrade is to enable ordinary people to use good products, not this kind of garbage. Moreover, I heard that you have launched three new products: a home theater system called Golden Leopard, a radio, and a cassette player. The products are flashy, but the technology is garbage and outdated. Such companies should be eliminated."

"Under market mechanisms, I can't imagine that such companies can still survive. This is a very bad example. Jiafeng Electronics alone has set back the moral standards of private enterprises by decades..."

Standing on the stage, President Li launched a full-scale attack, clearly well-prepared. He pointed out all of Lu Feng's weaknesses, relentlessly criticizing the product's poor quality, outdated technology, and sales model.

At one point, some people even applauded and cheered.

General Manager Zheng glanced at Lu Feng and found that the young man was sitting with his legs crossed, looking at the stage with a relaxed expression, as if General Manager Li wasn't scolding him.

"President Lu, you really have a broad mind," President Zheng teased.

"It's an electronics conference, also known as a criticism session against Lu Feng. President Zheng's two companies are unbeatable in the small appliance industry," Lu Feng said to him.

"It's just average, only number one in the country. To be honest, I was quite worried about Mr. Lu's foray into small home appliances before, but now I'm not so worried anymore."

"You'd better be careful," Lu Feng said, sitting there without saying a word.

Mr. Li spoke eloquently for forty minutes, spitting everywhere, before finally shaking hands with the host and leaving the stage.

He walked up to Lu Feng, grabbed his suit jacket, sat down, and didn't even glance at Lu Feng.

The host picked up the microphone and looked at Lu Feng. He knew very well that the focus of the entire audience was Jiafeng Electronics. He said, "Jiafeng Electronics has gone through a year of controversy. I remember at this time last year, Mr. Lu almost got into a fight with Mr. Jiao of Enfan High-end Technology. But this year, Jiafeng Electronics has fallen into a technical quagmire."

"Jiafeng Electronics has been developing more and more channels, but its sales have not increased. Some of the iterative products of major companies have already been launched, and the market pressure is enormous. Now, facing Mr. Li's 'cancer theory,' Mr. Lu must be feeling very bad. The debate between technology-industry-trade and trade-industry-technology back then ignited a heated debate in the industry."

"Next, please welcome Mr. Lu Feng, Chairman of Jiafeng Electronics, to share his views on the future development of the electronics industry: should we adhere to the technology-industry-trade model or adapt to the market? Please welcome him!"

Lu Feng stood up and walked towards the stage.

Feng Zhiyao sat below, having heard every word of what General Manager Li had said. It could be said that he had hit all of Jiafeng Electronics' sore spots.

If Feng Zhiyao were Lu Feng, he would definitely turn around and leave, and he doesn't think Lu Feng can resolve these problems.

Leaning back in his chair with his arms crossed, Feng Zhiyao looked like he was ready to watch the show.

Lu Feng went on stage, picked up the microphone, and first scanned the entire audience. The first person his eyes fell on was Jiang Wanmeng, who was sitting in the middle.

The other person also sensed that Lu Feng was looking at him and waved.

"I won't introduce myself, everyone knows me. President Li said a lot of nice things. He said Jiafeng Electronics is a cancer and shouldn't exist. On what grounds?"

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