The electronics industry is paying close attention to VCDs, with many experts claiming that this technology will change the landscape of domestic home electronics products.
Changhong, Konka, Panda, TCL, and even radio manufacturers like Degen are all watching the progress.
The following day, Smith's team gave an interview, stating that they had broken off negotiations and that Jiafeng Electronics' direct criticism implied that the current domestic investment environment was very unfavorable. However, they expressed great optimism about the technology and welcomed anyone to come and discuss the matter at any time.
He started off very harshly, but in the end, he left himself an opening and didn't say anything too definitive.
In less than two hours, the newspaper with the interview was on the desks of the CEOs of major electronics companies. When Li Quanliang saw the foreigner leave, he excitedly stood up and said, "The opportunity has come."
"Mr. Li, this Lu Feng is really something. He managed to squeeze out the foreign investment." The assistant said from the side.
“This guy is cunning. If used well, he’s a sharp knife. Let me tell you, the mantis has already stalked the cicada, and now it’s our turn to be the oriole behind.” Li Quanliang beamed with joy. Which domestic manufacturer doesn’t want to get their hands on the technology? They all know that squeezing out foreign capital is extremely difficult.
Now that Lu Feng has cracked the toughest nut, don't blame him for reaping the rewards.
In the Dejin office, General Manager Zheng couldn't help but laugh as he looked at the faxed newspaper. Leaning back in his chair, he said with a smile, "This is our opportunity, a once-in-a-lifetime opportunity. Lu Feng wants to turn his life around with VCDs, and we can also take advantage of this opportunity to rise and expand our product lineup."
"Mr. Zheng, we haven't obtained patent authorization. Won't we be sued?" the executive next to him asked worriedly.
"Let him sue, why should I be afraid of being sued? Even if Lu Feng gets the authorization, his costs will rise rapidly, and these costs will be reflected in the product price. What is the most competitive thing in the market? It's the price." President Zheng was in an indescribably good mood. He stood up and stretched, saying, "Make a fortune with VCDs, and once we have enough cash, incorporate part of Jiafeng Electronics' business into it."
Mr. Zheng was grinning from ear to ear at the thought; it was so satisfying!
He suddenly remembered that with the launch of VCDs, it would definitely be a fierce battle, and he needed to find a powerful ally in advance to get a share of the profits.
The thickest leg right now is Changhong.
"I can't stay with Lu Feng any longer; he might easily lead me to the woods," President Zheng thought for a moment, then picked up the phone and called Li Quanliang.
"Mr. Li, it's me, Xiao Zheng!" Mr. Zheng adopted a very humble posture.
"Mr. Zheng, what made you think of calling me? I heard you were planning to work on some sales channels with Lu Feng around that time, I overheard it too." Mr. Li's voice on the other end of the phone was somewhat sarcastic.
"We just had a meal together to get a feel for things, like what Jiafeng Electronics is all about. I can go with him because Lu Feng has squeezed out foreign investment, you know?" General Manager Zheng asked.
"I know. I just finished reading the newspaper. Mr. Zheng has some ideas?"
“This is a good opportunity. Radios and cassette players are our company’s main products. For Changhong, they are just a branch. My idea is to buy them, disassemble them, and then copy them after they are listed on the stock market, so as to put pressure on their prices.”
After Mr. Zheng explained his ideas, which were exactly what Li Quanliang wanted to hear, the two hit it off immediately.
After Smith's team broke off contact, Lu Feng immediately contacted the municipal government and privately reached a general agreement on a patent licensing model, using technology patents as equity investment.
Simply put, Lu Feng didn't have to spend a single penny; he gave President Jiang half of the shares, which was essentially getting something for nothing.
As for the municipal side, production is located in the new factory area in Dongguan, mainly producing motherboards. They can build an empty shell here for assembly, but they will advertise this as the VCD production base.
Lu Feng gave Mayor Wang whatever he wanted. As for what happened after he was transferred, that was none of his business. He just had to save face and make sure the appearances were perfect.
Meanwhile, in July, Lu Feng will donate no less than five million yuan to establish a VCD industry foundation. This foundation will be managed by the municipal government and will contribute to supporting the development of local industries.
There were many detailed rules and regulations. Lu Feng also promised that if a branch factory for VCD was to be built, it had to be located locally. He agreed to many conditions, all of which had to be written into the contract.
As he stepped out of the municipal gate, Lu Feng couldn't help but smile. He looked at Feng Zhiyao with immense joy, knowing that he had ultimately changed the course of history.
Feng Zhiyao was also very happy. These past few days had been very difficult, but this was like a rainbow after the rain.
"Put your smile to yourself, don't be so smug. We need to go to the hospital to see President Jiang and tell him this sad news... Pfft, hahaha... Don't laugh, be sad!" Lu Feng couldn't help but laugh himself.
Feng Zhiyao laughed until tears streamed down his face. He squatted down and rubbed his face, saying, "Brother Feng, you're so mean, really!"
"I'm doing this for his own good!"
"Hahahaha!" Feng Zhiyao laughed until he coughed, and said, "They were hoping you would negotiate a high price, but you ruined it."
“If it falls into my hands, I guarantee I can manage it well for him. Do you believe me?” Lu Feng asked very seriously.
“I believe you!!” Feng Zhiyao nodded solemnly.
"Let's go see him at the hospital. Be careful not to laugh."
"Pfft! Hahahaha." Feng Zhiyao laughed more and more as he thought about it. If President Jiang knew about this process, he would probably want to kill Lu Feng. A brother he trusted very much had gone to great lengths to ruin his plans.
All the way there, Lu Feng solemnly reminded him not to laugh. When the car stopped in front of the city hospital, Lu Feng took a deep breath, his face darkened, and there was a hint of guilt in his eyes, making him look like he was about to cry.
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