Go to mainland China to litigate against someone?
Isn't this just asking for trouble? If Jiafeng Electronics had become a company with a wide market in various countries around the world, Lu Feng would never have dared to say such a thing. Once the lawsuit is decided, it will be enforced immediately, and there are assets available for execution in the local area.
It's not because those international companies are particularly obedient or strictly enforce global laws, but because they can make money in major markets around the world.
In the chairman's office, Sakata was so angry when he heard about this that he slammed his fist on the table. If Watanabe Shi were here now, he would definitely take the opportunity to berate Hirata Ichiro as an idiot. They originally had the initiative, but now they were being led by the nose.
They may be angry, but reality is reality. If someone really does that, there's nothing they can do. It will only waste their legal department's time and energy, and the money they get in the end will probably be about the same as it is now.
"The price can't be too low, but you can lower it a bit. You decide for yourself." Sakata didn't want to get involved anymore. Watanabe left because of this mess, and now this is causing trouble. He's really worried sick.
A dozen minutes later, Hirata Ichiro and his group returned. After they sat down again, Lu Feng asked, "How did it go?"
"Out of a desire to support the telecommunications industry in mainland China, and considering that you are a small company and may not have sufficient funds, we understand. Therefore, after discussion at a board meeting, we can offer a discount." Hirata Ichiro adopted a more authoritative tone and said to Lu Feng, "Fifty-six million!"
"Don't make a big fuss. Let's talk, or forget it. The price is still too high. Our initial estimate was fifty million. You've been talking about aid and charity, all that nonsense. We're not the kind of company that's desperate for money. We'll be generous this once. The main reason is that we see your economy isn't doing so well right now, and your company is having difficulties operating. Out of humanitarian considerations, we'll raise the price by three million US dollars, to fifty-three-fifty-five!" Lu Feng said to Hirata Ichiro, "That's the price. Don't keep asking back and forth. Let's settle this once and for all. How about it?"
The price of 53 million wasn't too outrageous. Hirata Ichiro whispered to the people around him and said, "Then let's go with this price."
"The price is set now. How long will the acquisition process take?" Lu Feng asked the lawyers and accountants. "How long does a normal procedure take?"
"Generally speaking, it takes three to five months, depending on the approval process, asset valuation, legal issues, etc. In the longest case, it can definitely take seven or eight months."
“Oh, that’s how it is!” Lu Feng said to Hirata Ichiro, “Because we need these technical documents, we’re proceeding with the merger and acquisition process first. Please give us the relevant documents first…”
Hirata Ichiro couldn't stand it anymore. Lu Feng's words were simple: take the goods first, then pay. It was like buying a bag of steamed buns, taking the buns home to eat first, and then paying the next day.
He absolutely would not allow that. What if the process took a full ten years to complete due to some 'accident'?
Lu Feng can interfere with the domestic approval process; without a single stamp, it can't be completed, so he just drags it out!
“No, no, no, Mr. Lu Feng, let’s stick to the contract. I believe that the benefits these technology patents will bring to your company go beyond just these few months,” Hirata Ichiro said. “If you insist on doing it this way, then we won’t sell!”
Hirata Ichiro can't sell it. If he doesn't sell, Jiafeng Electronics will pirate it, and they can sue him. But if the contract is signed and the money isn't paid, and he keeps dragging it out, they can't even sue him.
Lu Feng knew their concerns and offered a solution.
"Don't worry, I'm a legitimate businessman, upholding the spirit of integrity, friendliness, and mutual assistance to create wealth for the world." Lu Feng looked at him with a righteous expression and said, "To ensure this acquisition, we can transfer the funds to an account and freeze them. When the contract is completed, the frozen funds will be released and automatically transferred to your company's account. How about that?"
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