Chapter 673 Turn Around and Sell



Su Yourong also knew that she was not important enough and had not made any achievements, so no one on the board of directors would pay attention to her.

However, now that the investment in Jiafeng Electronics is about to be finalized, the board of directors has to take her proposal seriously. At around 4 p.m., Chen's Capital held a board meeting with 39 shareholders, representing 76% of the shares, which met the criteria for holding a board meeting.

A vote was then held, and the name change to United Capital passed by a large majority.

"This name change is for the better development of the company. The name change should be made public to shareholders within one month. This name change will not affect the substantive business operations and is for the long-term development of the company."

Su Yourong smiled as she listened to the voice on the phone. She had finally completely erased the last trace of Chen Shufeng.

The preliminary agreement was drafted in Hong Kong and will be sent over tomorrow. Once Lu Feng signs it, as shareholders, they can cooperate with any action taken by Jiafeng Electronics.

In the afternoon, Lu Feng held a product meeting and reviewed the Weipuda TV, which will be launched next year, the revamped Jinbao VCD player, and a series of other home appliances.

Overall, it's very good, especially the TV and VCD player, which are top-notch in the industry. However, when the refrigerator is plugged in, the freezer is fine, but the refrigerator compartment is a bit too cold.

Liu Cheng's reasoning was that lowering the temperature of the refrigerator by one degree Celsius would require a significantly larger amount of electricity, making it a necessary choice to save electricity.

Today's users are very concerned about the power consumption of products, and trade-offs must be made in this regard.

Feng Zhiyao circled the refrigerator, puzzled, and said, "Brother Feng, this refrigerator looks so familiar. Oh, I remember now, isn't this design copied from Siemens?"

“What plagiarism?” Lu Feng looked at him and said, “This is a tribute. We did use some design language from international big brands, mainly to help them promote this kind of design aesthetic. Actually, using some of their lines doesn’t do us any good. People can tell at a glance that it’s Siemens. Ultimately, they are the beneficiaries. Of course, we don’t ask them for any advertising fees. We’re just doing a good deed.”

Liu Cheng was getting a little overwhelmed and lowered his head without saying a word; he simply didn't have that kind of thick skin.

Feng Zhiyao wanted to say something, but when he opened his mouth, he had nothing to say.

Lu Feng could actually design some refrigerator shapes for later generations, but each era has its own style, and the materials are different, resulting in different textures. Most importantly, with so many products now available, he can't possibly handle everything personally.

The main reason is that Lu Feng doesn't care. The refrigerator market isn't very big right now, there aren't many households using it, and the competition is fierce. It's not Jiafeng Electronics' main business. Besides, how much money can you make selling a broken refrigerator?

Around 7 PM, Lu Feng returned to the hotel by car. While having dinner in the restaurant, Lu Feng casually asked, "Which floor are you staying on?"

"I originally wanted to stay next to you, but someone's already moved in next door, and your floor is full, so I'll stay on the floor below," Feng Zhiyao said without looking up.

“Okay, it’s not far. Get some rest after dinner. Mr. Wei and his team are coming tomorrow, as are the finance staff. You can learn more about it. Call your dad tonight when you get home,” Lu Feng instructed.

Feng Zhiyao looked up at Lu Feng and said, "Brother Feng, I don't want to talk to you as an investor. You just want to put my dad at ease, right? Brother Feng, actually I've had some complaints about you for a long time. Just because my dad is rich and invested in you doesn't mean you have to act like you're working for him. I especially like your free spirit. So what if you're rich? You're still not as free and easy as me."

"So what if you have money? Having money is awesome!" Lu Feng looked at him and said, "I'm not trying to please your father, I just want to put his mind at ease. Who wouldn't be nervous if they invested so much money? With his health condition, he can't worry about too many things. I can't bear to let such an old man worry about things. You, as his child, should understand this better than I do."

Feng Zhiyao suddenly realized that Lu Feng's words made sense. His father's health was deteriorating day by day, and he himself was still too young to understand. He nodded with some emotion and said, "I will!"

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