Chapter 503 Slacking Off



"We conducted an in-depth investigation into Jiafeng Electronics. According to our information, Lu Feng did not suddenly decide to help Jiang Wanmeng, but came prepared."

“Some sources indicate that he mentioned VCD technology to senior executives of Jiafeng Electronics when he attended the electronics conference last year, and at this year’s opening conference, he directly stated that Jiafeng Electronics’ focus this year is VCD.”

"It's clear that this person has been eyeing this technology for more than just a day or two, and it's also clear that he's very optimistic about its feasibility. The reason he doesn't directly participate in the competition but instead uses this method is the Jiafeng dilemma."

"Jiafeng Electronics has been established for more than a year, but its debt ratio has not been able to come down. It does not have enough funds to compete. This person's business skills are very unconventional. He has no academic qualifications. Public information shows that he only has a fifth-grade education. He started from a small cannery and relied on obtaining investment policies from various places in the early stage to carry out high-leverage operations, which successfully made Jiaming Foods one of the major food manufacturers in China."

"Character analysis: adventurous, radical, and passionate about venture capital. He especially likes to leverage high leverage to generate profits or markets more than ten times his own. Due to his background, he has no principles, is extremely slick, and carries a sense of being from the lower class."

Smith and his group were looking through the documents. The information about Lu Feng was very detailed. These consulting firms had a lot of information on them.

Smith focused his research on Jiafeng Electronics, and the group discussed it.

"I've found his weakness!" Smith said with a smile.

"What are you planning to do?" someone asked curiously.

"Drag it out! Drag it out of him. He doesn't want to get the VCDs to save Jiafeng Electronics from its fire, so let's drag it out. I can talk to him here for six months, or even a year!" Smith smiled sinisterly.

Upon hearing this, the others smiled, indicating that it was a brilliant move, a strategy of responding to any situation with unchanging tactics.

The meeting went on until after 2 a.m. Smith felt much more relaxed. As long as he understood his opponent, he would have a way to deal with him. Lu Feng was a seasoned veteran, and he was no simple character either.

Find your opponent's real weakness and strike hard; you'll reap unexpected rewards.

The next day, after getting up, Lu Feng asked the waiter to buy local newspapers. Some of the major newspapers had headlines that were all related to VCDs, and they were being touted as very high-profile.

What a groundbreaking achievement, what independent research and development! This small step is a giant leap for domestic scientific research. Some newspapers even claim that this is just the beginning and that in the next few years, we will see the fruits of our labor bloom all over the country.

It was all praise, mixed with some news from municipal leaders and market research institutes.

At 10:00 AM, Lu Feng had already changed his clothes and was sitting in the conference room. Feng Zhiyao sat next to him and asked in a low voice, "Brother Feng, what do we do later?"

"The same old routine as yesterday!"

"What if they agree?"

"Then let's raise our demands and renegotiate!"

A few minutes later, the door opened and Smith walked in with his men. His blue eyes looked at Lu Feng with a mocking gaze, his hands in his pockets, and he walked with a nonchalant air.

Lu Feng frowned secretly, thinking to himself, "Why does this foreigner look like a scoundrel?"

Smith sat down, leaned back in his chair, crossed his legs, shook his head, and whistled, without saying a word.

“We still have the same two conditions as yesterday. We hope you will report them to headquarters, otherwise there’s no point in talking,” Feng Zhiyao said.

Smith shrugged and said, "Okay, I've reported it to headquarters too. You know, big companies have a lot of procedures, and it takes a long time to go through them. If you want to talk about something else, go ahead; if you don't want to, just stay put."

Upon hearing this, Lu Feng said, "Damn it, how come you've learned to slack off?"

"Mr. Lu, to be honest, I'm a paid employee. I'm currently on a business trip and I even receive a subsidy. I'm not in a hurry. I'd be happy to earn money by having tea with you every day and exchanging ideas about our cultures."

Lu Feng's face darkened; the other party was trying to wear him down.

The two groups sat there, nodding and swaying, without saying a word, for two whole hours. When it was time for lunch, Smith stood up and said to his men, "Let's go eat."

Feng Zhiyao looked at Lu Feng anxiously and asked, "What should we do?"

"Investigate further!"

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