Chapter 672 Land Acquired



Shouldering the mission of industry prosperity?

Those present chuckled secretly upon hearing Jiafeng Electronics' mission. They attributed the industry's recent upheavals to Lu Feng.

If it weren't for Jiafeng Electronics, it would have been Changhong that started the price war in the previous life, fighting all the way from the mid-1990s to the late 1990s. Anyone who knows a little about what happened back then knows how ruthless Changhong was back then, earning the title of "price killer".

In the late 1990s, Kingsoft declared war on piracy, initiating the "price-cutting" behavior in the software industry, which is also why Lei Jun appeared on CCTV News.

"Since President Lu has no objections, that's good. As I said, what happened in the past has nothing to do with the present, and what will happen in the future has nothing to do with the present. We've all come together for the same goal, and what we need to do is overcome this difficulty together." Huang Hongfei said to everyone, "In a little while, I will distribute the proposal of the Alliance of Adversity and Retreat to everyone for you to sign."

Everyone cheered and applauded.

The food was served, and Lu Feng picked up his chopsticks and began to eat. He poured himself a glass of wine and glanced at the others at the table, but they all avoided his gaze.

Clearly, no one wanted to drink with him.

In the small canteen on the second floor of the municipal building, a man in his fifties, with his hair parted in a side part, wearing suit pants and a white shirt, and with some graying temples, said to everyone at a table, "Please sit down!"

After everyone took their seats, Vice Mayor Liu sat next to this person. As the dishes were served, the atmosphere became somewhat awkward, and no one spoke much, probably because they didn't drink alcohol.

"What's going on with Jiafeng Electronics lately?" the man asked Vice Mayor Liu, who was standing next to him.

"They seem to have some business disputes," Vice Mayor Liu replied cautiously.

"Didn't you say you'd reached an agreement and were going to move in? What's the progress?"

"The negotiations are still ongoing. The main disagreement lies in the land use. Lu Feng, the chairman of Jiafeng Electronics, wants to build a group building and requires a piece of land," Vice Mayor Liu said in a low voice.

“That’s great. The building can’t be moved once it’s built. This construction is in the city, and such a large building will definitely require a lot of people. It will also boost the economy.” He took a couple of bites of food, waved his chopsticks in front of him, and said, “I know this company. It hasn’t been established for long, but it’s very famous in Suzhou. They can’t keep people there. I talked about this at a meeting a few days ago.”

Vice Mayor Liu thought to himself, "It's not that we can't keep him; Lu Feng was probably kicked out."

"His idea is to give away the land for free, then mortgage the land to borrow money from local banks to build buildings!" Vice Mayor Liu looked at the others and whispered, "He came from Suzhou and is in a hurry to form a conglomerate because the local tax exemption policy is about to expire. Based on my understanding of this company, I'm afraid it won't collect much tax for the next three to five years."

The other party was taken aback upon hearing this and said, "I've heard a bit about this method recently: taking land and then mortgaging it to a bank to obtain funds."

"He was the one who started it all. When he was running Jiaming Foods, he took advantage of policies across the country and set up more than a dozen branch factories in the country in less than a year." Vice Mayor Liu covered his mouth with his hand and said in a low voice, "That's how he made his fortune."

The other person pondered for a while, lit a cigarette, and said, "Does this company invest a lot in research and development? I saw a document this year ranking companies by R&D investment, and this company was quite high up."

"That's true. The reason they haven't made a profit yet is because of their large R&D investment. Of course, their rapid development also plays a role."

The other party nodded, took a puff of his cigarette, and said earnestly, "Local areas need to develop their economies, but not their stagnation or crude economies. They need long-term goals and to learn how to invest. We can't spend our whole lives working in these low-end industries. Research and development is the future. We can agree to Jiafeng Electronics' condition, but we can't open this door again. Do you understand?"

Vice Mayor Liu nodded repeatedly, saying that the land for Jiafeng Electronics could be given, but there couldn't be a second Jiafeng Electronics. Once this door was opened, other companies would rush in.

"I've been following this issue recently, and many companies have expressed their desire for mediation. Taking advantage of this momentum, we could hold a forum to bring both sides together, regulate the industry, and also showcase our business environment to other companies."

"I'll get on it as soon as I finish my meal. I'll do it quickly and make sure to promote the Shenzhen spirit, business environment, atmosphere, and service-oriented spirit to enterprises. I'll also do my best to help them resolve this issue," Vice Mayor Liu replied.

Vice Mayor Liu couldn't figure out why Jiafeng Electronics was suddenly brought up. As for investing in research and development being a respectable thing, respectable and actually spending real money are two different things. At most, you could just issue a certificate or hold an award ceremony.

What he didn't know was that this person, who went to the provincial meeting, had already heard some rumors that the country would focus on promoting research and development next year and would provide subsidies. Some cities would have specific targets. Industrial upgrading has entered a critical stage, and the country hopes to go further, which requires vigorous promotion in research and development.

Inside the restaurant, everyone was toasting and chatting, creating an exceptionally good atmosphere. It was as if, during their competition, they all wore smiles, but as soon as Lu Feng got involved, he became everyone's enemy.

Lu Feng didn't care about anything else. He was quite full, and Feng Zhiyao was also quite full. He looked around at the various toasts and clinking of glasses, the bustling scene. Lu Feng's place was desolate. In fact, only the two of them were left sitting at the table, while everyone else had gone to other tables.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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