Television stations also featured people from the trade agency industry who spoke about how difficult the business is, with the majority of profits going to the manufacturing sector. They called on the government to legislate on this issue to allow export trade to go further and develop in a positive direction.
In the municipal government building, on the second floor of the canteen, Vice Mayor Liu was eating his meal. He was originally supposed to have this meal with Lu Feng, but they had to part ways due to the unexpected incident.
There are seven vice mayors in this city, responsible for various aspects of work, with the economy being the main focus now. Vice Mayor Liu is definitely the head of the vice mayors, and given his recent outstanding performance, some people are already whispering among themselves about him.
"Old Liu, eating at the cafeteria today?" A man in his forties sat down and looked at him, saying, "Didn't you eat with Lu Feng?"
Vice Mayor Liu glanced at him and said, "Are you trying to fool me?"
"No, no, I told you before, don't bring Lu Feng into this mess. He's good for nothing but causing trouble. What are you going to say at the next meeting? How are you going to explain this?"
Vice Mayor Liu sighed, unable to eat anymore. The other companies seemed to be obedient children, easily lured in by some policies, and they could just focus on production.
How come this happened before we even reached an agreement with Lu Feng?
He even called reporters to interview him at today's meeting, which was supposed to be a high-end publicity opportunity, but unexpectedly it backfired. Many reporters called, pressing him on why he brought such a notorious company to Shenzhen.
Rumors even began to circulate that he had received benefits from Lu Feng.
“These businessmen nowadays are very cunning, so be careful. Not long ago, a deputy mayor in the north was scammed. He obtained industrial land, policy support, and loans through deception. The local municipal government cooperated in the publicity, but the man used the municipal government's endorsement to engage in illegal fundraising and ran away with the money.”
"Stop talking, my head hurts!" Vice Mayor Liu put down his chopsticks, unable to eat anymore, stood up and went back to his office to be alone for a while.
At 1:30 p.m., the Electronics Association was the first to speak out, accepting interviews from several newspapers. In response to reporters' accusations, they denounced Guangfa Trading Agency Company, stating that it was not Jiafeng Electronics that was squeezing their profits, but rather that they controlled the export channels and extorted Jiafeng Electronics. They also stated that as the Electronics Association, they would protect companies like Jiafeng Electronics, and that their association currently has more than 300 electronics companies with a total market value exceeding one trillion yuan.
Aside from what I said at the beginning, which was somewhat useful, the rest of the time it was all about promoting their own association. Other associations were pretty much the same.
Around 3 p.m., Zheng Gongjian contacted reporters from the Chengdu Morning Post and local TV stations to respond to the dispute between Jiafeng Electronics and Guangfa Trading Agency.
Following this, a series of companies, including Panda, Skyworth, TCL, and Haier, stepped forward to resolutely resist the 90/10 revenue split model in overseas trade exports.
The industry was shaken up. Some companies that had originally planned to take advantage of the situation had no choice but to step forward and make a big show of it. Many TV stations were reporting on the event, and even experts were brought in to provide analysis.
Lu Feng was surprised by the support from so many companies. He knew no one would oppose him on this matter, but he didn't expect Changhong to be the first to give an interview.
In the evening, Lu Feng accepted interviews with Shenzhen TV and Shenzhen Morning Post. Facing the two reporters, Lu Feng said in a deep voice: "I am very happy that home appliances can go global and gain recognition in the world. But I did not expect that before the products could even go global, a fight would break out over the distribution of profits."
“Guangfa Trading Agency initially agreed with us to split the profits 50/50. After receiving payment, they breached the contract and demanded a 90/10 split, which I cannot accept, and it is unacceptable for the manufacturing industry. I hope the trading agency will open its eyes and see who is blocking Chinese products from going global, and who is the capitalist.”
The reporter thought for a moment and asked, "This is a complete breach of contract. You could have taken it to court. Why make such a big fuss in the media? Some people are speculating that you're just creating a media frenzy. Mr. Lu is a regular in the media, whether it's his feuds with colleagues or his recent divorce."
“I can’t control what others say, nor can I control what the media writes. I can only be myself. The reason I didn’t go to court is that even if the other party loses, I won’t get much money, maybe a few million. They don’t care about a few million. They want to set the rules.”
Facing the camera, Lu Feng said in a deep voice: "Once the unspoken rule of profit sharing for home appliance exports is established, it is something that no single company can fight against, because everyone else has already accepted it. If you don't accept it, you can't go abroad. So I want to represent the entire manufacturing industry in the country and fire on such unscrupulous companies!"
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