After nearly a year of silence, Weipuda has once again become the focus of the industry, starting a new round of conventional battles from market competition to legal proceedings. The very next day, some industry associations stood up to accuse Weipuda of false advertising.
Meanwhile, six manufacturers jointly reported Weipuda for defrauding consumers and expressed doubts about the so-called eye-protection TV gimmick, causing another uproar.
Lu Feng didn't have time to deal with these things; his mind was entirely focused on the communications industry. In January 1994, the Bird pager was relaunched, with a retail price of 3,599 yuan for the Chinese character pager terminal. Daily sales exceeded 5,000 units, which was very cheap compared to Motorola's listed price of over 4,000 yuan. Motorola's products were in short supply, leading to scalpers raising prices. For ordinary people, the price of a Motorola Chinese character pager was close to 5,000 yuan.
The four founders of Bird were thrilled to see such sales figures. The daily sales exceeded 5,000 units because their production capacity was only 5,000 units. Moreover, taking advantage of the hot sales of Weipuda TVs, they claimed to be the Weipuda of the pager industry and the Jiafeng Electronics of the industry.
The message to the outside world is very clear: we have already established a firm foothold, so Mr. Lu, please don't interfere. Just focus on making your televisions.
In his office, Lu Feng looked at the newspaper, feeling somewhat anxious. As the leading pager manufacturer in China, Bird's development had been almost smooth sailing. Once a confrontation between Motorola and Bird took place, the market would not be able to accommodate a third party.
What Lu Feng needs to do is to form a three-way balance of power with these two companies!
Once the opportunity is missed, it will truly be a missed historical opportunity, so he must seize the moment.
There was a knock on the office door, and Liu Cheng walked in, holding a folder in his hand. He said, "President Lu, we have almost finished collecting information on this Yui Kurai. I have also contacted many of their relevant leaders and come to a conclusion."
"What conclusion?" Lu Feng asked, looking up.
"They seem to have forgotten about this laboratory. In the early 1980s, it was their strategic core. Now things have changed. From this perspective, the price shouldn't be too high. As long as we can get the person in charge on board, it will be fine," Liu Cheng said with a serious expression.
Lu Feng placed the newspaper in front of Liu Cheng and asked, "Have you read it?"
"I've already seen it!"
“We need to get production started as soon as possible to avoid any unforeseen problems. We can’t wait any longer for the foreign exchange quota to go through the process. Book your tickets for tomorrow, and you’ll come with me. We also need an international finance company, an accounting firm, and an international acquisition law firm.” Lu Feng pondered for a while and then said, “These matters will be handled by…”
Lu Feng originally wanted to hand it over to Su Yourong, but then he thought that his close relationship with her might arouse Mr. Feng's suspicion, so he paused for a moment and said, "I'll do it!"
"Then I'll book the tickets!" Liu Cheng agreed, then asked, "Is there anything else?"
"That's all, you can go about your business!"
After giving his instructions, Lu Feng picked up the phone on the table and called the finance department to inquire whether the money from United Capital had arrived. The finance manager told Lu Feng that the money was already in the process and was expected to arrive this week.
Lu Feng instructed them to organize the equity pledge contracts and the funds received, so that if Sun Hung Kai's people ever wanted to audit the accounts, they wouldn't be able to spot it at a glance.
After hanging up, I called Mr. Feng again. Zhenkun answered the phone and we chatted for a few minutes before he handed the phone to Mr. Feng.
"Hello Mr. Feng, how have you been lately?" Lu Feng asked politely.
"You wouldn't come here unless you needed something. Such a big deal, and you didn't even tell me beforehand." Mr. Feng knew that it would be easy to urgently contact a few law firms and financial companies. For such a small acquisition, he could resolve it in half a day with just a phone call.
The problem is, he found these companies, and when they ask for money, they will definitely ask Sun Hung Kai. Of course, Sun Hung Kai has money, but will Lu Feng really settle accounts with Sun Hung Kai readily?
Mr. Feng knows all too well who Lu Feng is.
"With your connections and influence, this is nothing, isn't it?" Lu Feng said politely. "It's a bit urgent. A manufacturer on the mainland has already launched their product. What do you think of this..."
“Lu Feng, this is your problem. Cross-border acquisitions are prepared a year in advance. Financial guarantee companies, consulting firms, law firms, accounting firms—it’s a whole series of tasks. It’s not that I don’t care about you. Even I would call and ask. You can ask them too.” Mr. Feng declined, saying, “How about this, I can introduce you to them, and you can go and talk to them.”
"No! What I mean is, let Sun Hung Kai handle the package service, leave all these things to you." As Lu Feng spoke, he suddenly realized what was going on and asked, "You're afraid I won't pay, aren't you?"
"Hahaha, no, how could that be?" Mr. Feng laughed when his thoughts were exposed.
“With the relationship between us, this amount of money is really meaningless, especially since you are my investor. If you think I’m unreliable, I can put 100 million with you as collateral. Of course, you definitely won’t accept that. What would that make of our relationship? Right?” Lu Feng said somewhat excitedly.
Zhenkun, who was standing to the side, laughed when he heard this. Mr. Feng was also speechless. This was a deal that absolutely could not be done.
“In business, one thing is one thing, let’s not talk about feelings. Why don’t you find someone else? Sun Hung Kai really doesn’t have much ability in this area,” Mr. Fung declined.
"Don't worry about that, I'm really anxious. Given our relationship, how about this: you hand this matter over to Zhiyao, consider it a training opportunity for him, and I'll handle the negotiations with him, what do you say?" Lu Feng persisted.
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