Chapter 602 Debate



“I’m not afraid you’ll run away, I just think that if I lend it out again, the interest will be too high and it’s not worth it!” Lu Feng felt that there was no point in continuing the stalemate, so he said, “How about this, we agreed on a three-year interest-free period. Jiafeng Electronics will be in its second year by the end of the year. I can pay the taxes six months in advance and make up for it for you later to alleviate the local financial pressure.”

Huang Youwei frowned deeply. He was filled with regret. Why did that bastard Secretary Cui bring this bastard here in the first place?

When the contract was signed, he had a feeling that the two hundred million was hard to come by, and now it turns out to be true.

Once the money is in his pocket, it's like it's taken root there.

"That's settled then. I can't afford to mess with you right now. I'll talk to the bank tomorrow." Huang Youwei conceded.

"Thank you so much. When we need to change the contract, I'll make sure it's written in black and white. I'm afraid the next leader won't recognize it!" Lu Feng raised his glass and said, "I'll toast you. May you rise to higher positions."

"I'm not leaving!"

"I'm not leaving, I'm not leaving." Lu Feng finished his drink and grimaced slightly. He took a bite of food and said, "In terms of international trade, I don't plan to sell to developed countries. The competition from those countries is too fierce."

"Then who are you selling them to?" Huang Youwei asked, puzzled.

“Sell to poor countries,” Lu Feng thought for a moment and said, “And I want to acquire a research and development company to provide Jiafeng Electronics with some resources for research and development. After absorbing them, we can move forward faster.”

Huang Youwei was stunned after hearing this, staring blankly at Lu Feng. Was this how international mergers and acquisitions and international trade were conducted?

Jiafeng Electronics is indeed one of the top private enterprises in the country. However, it pales in comparison if state-owned enterprises are included, especially when compared with companies like Changhong and Konka, where its R&D capabilities are significantly weaker.

The actual value of Jiafeng Electronics, including its factories, machinery, land, sales channels, and subsidiaries, is at most a few billion yuan. The reason it dares to claim a value of three to four billion yuan is because of its large market expansion and the general public's optimism. Reaching this figure in the next few years is not difficult at all.

But this company now wants to engage in international trade and international mergers and acquisitions?

He must be insane!

"Let me tell you something: large international companies all have a tacit rule. Once a company threatens their survival, they will immediately adopt two plans: either suppress them and crush them, or acquire them. If you come from a developing country, their usual tactic is to suppress you first and then acquire you at a low price."

“The international market is not the domestic market; it’s much more complex than I am. Even I don’t fully understand it. While the domestic market may not be very regulated, it won’t kill you. But internationally, they can be ruthless.” Huang Youwei put down his chopsticks and said, “Don’t be too optimistic. The domestic and international markets are completely different.”

"I know, let's take it slow."

The two talked about the development of domestic enterprises, especially the support for semiconductors. In fact, China provided significant financial support for semiconductor and large aircraft projects in the 1990s, similar to the support for new energy in recent years.

However, the large aircraft project was reportedly misled by some foreign countries, who adopted the idea that it was better to buy than to build, while the semiconductor project was discontinued due to its high difficulty, unsatisfactory marketization, and large gap with foreign countries.

For example, potassium fluoroborate crystals, abbreviated as KBBF, are a technique used in photolithography.

Before nine o'clock, Lu Feng and Huang Youwei left the restaurant, agreed on things for tomorrow, and went home separately. Huang Youwei changed into slippers when he got home, sat on the sofa and smoked a cigarette, but he was thinking to himself.

Jiafeng Electronics is bound to fail sooner or later if it continues to operate this way, but he can't care anymore. He's already said what he needed to say. All he can say is that Lu Feng is a radical speculator, and such people are destined to suffer a hard fall in order to grow.

As for him, I went to a meeting in the province some time ago, and through some private information, I learned that he should be transferred next spring. In the past three years, he has done a very good job in several aspects, including investment promotion, local construction, and people's livelihood and economy.

I've heard some rumors that he'll be transferred to the provincial level, but it's unclear what position he'll hold. Getting into the provincial level before the age of fifty is certainly a promising prospect.

However, at this age, there's not much hope of going any further; this life will likely end at the provincial level.

Huang Youwei sighed softly and said, "I'm content."

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