Li Guangfa knew that Lu Feng had come to talk today, but he felt there was no need to. He held all the initiative, and Jiafeng Electronics was not in a position to negotiate any terms with him.
As the food was served, the table remained quiet. None of the five people spoke much, and the atmosphere was very tense. Li Guangfa picked up his chopsticks, casually took a bite of food, and slowly chewed it, saying, "President Lu, since you won't speak, I'll speak first. Your so-called managers have come to me many times. I know they can't make a decision on this matter."
"Things have changed, Mr. Lu. When I approached you back then, you were all the rage, having granted me the distribution rights. You have no idea how difficult it was to sell this batch of goods. I ran myself ragged, visiting hundreds of countries around the world. I basically contacted half of them. After finally managing to sell them, I looked back and counted the little money in my pocket, only to find that it wasn't even enough to cover my losses."
"So what?" Lu Feng picked up his chopsticks and said, "You want a bigger share of the money. I've heard from my men that you want not only a share of the profits, but also a share of the costs."
"How can you lose money in business?" Mr. Li raised an eyebrow and said nonchalantly, "I'm not afraid to tell you that there is still demand for this line. There are many domestic manufacturers that can replace you. To be honest, I'm giving you face by talking to you. Just the reputation of exporting overseas is something that many companies would kill to have."
Lu Feng ate his meal without saying a word, just listening silently. He could tell that Li Guangfa was no longer able to communicate. The other party felt that he had Lu Feng firmly under his control, and Jiafeng Electronics would give in no matter what percentage of the profits were.
"I just want to hear how you plan to split the profits from this 20 million yuan shipment. Originally it was 60/40, with us getting 60% and you getting 40%. What do you think is a good deal?" Lu Feng asked, looking up.
"I'll give you a straight answer, no more beating around the bush. It's 90/100, we take 90%, you take 10%. I'm only doing this for your sake. To be honest, as long as there are sales channels, there are plenty of factories that can produce TVs of that quality." General Manager Li picked up his wine glass and placed it in front of him, saying earnestly, "My little brother Lu Feng, I know Jiafeng Electronics isn't doing well. You just got divorced, and things aren't stable internally. You need to ship your products. Come on, let's have a drink."
Lu Feng raised his glass and clinked it against his own, saying, "Then I should thank you, right?"
"No need to be so polite. We should help each other out if we can. Everyone has a heart, right?" Mr. Li took a sip of his drink, his face scrunched up, and he picked up his chopsticks to eat some food. He said, "Xiao Lu, leave the foreign trade to me. What is business? Business is cooperation, it's everyone doing their job, understand?"
Xiao Lu?
Not only did Su Yourong laugh at this title, but Lu Feng also couldn't help but laugh. When Li Guangfa saw Lu Feng laugh, he assumed that Lu Feng had accepted his suggestion and laughed along with him.
The private room was inexplicably filled with laughter and cheerful conversation.
"Ninety-one points! Ninety-one points!" Lu Feng muttered a couple of times, then nodded and said, "To be honest, Jiafeng Electronics is really in a bad situation right now. Market competition will be even more intense next year. Once the production line is running, products are gushing out like water. If we can't sell them, we'll have to stop production, and if we stop production, we'll have to lay off staff. It's a real headache!"
“So, selling overseas is also a way out. Although 10% is not much, it is enough to support your factory. Let me tell you, the foreign trade market is much bigger than the domestic market. The current products are a bit inferior, but once Weipuda is updated and iterated, the market will improve. Don’t think I make a lot of money. I really don’t make any money!” Li Guangfa said, holding his wine glass. “The process is very expensive.”
“Yes, foreign trade is tough these days. Those who can sell their goods are all very capable people,” said a high-ranking official next to Li Guangfa.
"It's only because Mr. Li has strong international connections that people have to give him face; otherwise, he simply can't sell to others," another executive chimed in, adding to the hype.
"Come, come, let's toast my brother." Lu Feng raised his glass and lowered it slightly when he clinked glasses with Li Guangfa, showing a humble attitude. He said, "If I have ever wronged you in the past, please don't take it to heart, Mr. Li."
"Do you think I'd stoop to your level? What would that make me?" Mr. Li picked up his wine glass, took a sip, and said, "Some of your subordinates really don't know what's good for them. There's this guy named Wang Chengguang who insulted me. You have to fire him."
"Don't worry, don't worry." Lu Feng nodded repeatedly, making a mental note of the name, and said he would give him a raise when he got back.
"Brother, I don't know anything about international trade. Did you go directly to those companies? Which countries did you sell to?" Lu Feng said while eating. "I didn't mean anything by it. I just felt really good and proud seeing those foreigners using our TVs!"
"There's nothing to be proud of, we're not Americans, we're all Black..."
The deputy general manager next to Li Guangfa was speaking when Li Guangfa nudged him with his elbow, abruptly ending his sentence.
"International affairs are a mess, Mr. Lu. Just focus on the domestic situation and leave the rest to me. We can divide the work and cooperate. Besides, when your TVs are sent to other countries, they'll all have local brands on them. Who knows which country they were made in?" Li Guangfa said casually.
“I just think that the world is so big, and there are so many companies around the world. Doing business is like finding a needle in a haystack. Even though I run a company too, I really admire people like Mr. Li.” Lu Feng looked at Li Guangfa and said, “He’s much more sophisticated than me when it comes to dealing with foreigners and doing business.”
“Of course, foreigners treat him with utmost respect.” Su Yourong glanced at Lu Feng, picked up her wine glass, and said, “I’d like to toast President Li. In the field of domestic and international trade agency, President Li is absolutely second to none. Cheers!”
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
