The next day, Lu Feng caught a plane back to Shenzhen and began handling the group's daily affairs. There was more and more discussion in the industry about the Northern Economic Development Zone.
Ten days have passed in the blink of an eye, and the matter in the Northern Economic Development Zone has become a hot topic, completely brought to the forefront. Skyworth, TCL, Panda, and Konka have all fulfilled their obligations regarding the security deposit and television sets stipulated in the contracts.
Over the course of ten days, these people went from excitement to indifference, and then to suspicion. Finally, when Zhu Lidong expanded the cooperative counties and cities to thirty-five, they finally realized what was going on and pressed County Chief Ye about the Northern Economic Development Zone.
But County Magistrate Ye seemed to have suddenly become very busy. Every day when they went there, they couldn't find him. He would always tell them that he was in a meeting or training session in another city. Huang Hongsheng knew that just asking like that would not get any results, so he went to the city to file a complaint, but naturally, there were no results.
Public opinion was too overwhelming, and some people were even using the name of the Northern Economic Development Zone to swindle money. On May 10, the Central Daily News published a message that the farce of the Northern Economic Development Zone could finally come to an end!
At this point, everyone realized that this whole thing was a trap set by Lu Feng. Huang Hongsheng and his group almost fainted when they heard about it. So much cash and goods were stuck here, and with Weipuda starting a subsidy war, they had no chance of winning in the short term.
Ge Quanshun slumped into his chair, knowing that he was completely finished and the panda business was now a total loss.
The county government reacted quickly, immediately stating that they would cancel the contract, return the goods, and refund the deposit. However, this matter takes time, and it will proceed quickly if the procedures are followed.
They never dreamed that this would happen so quickly; seven or eight years later, there was still no news.
This incident had a huge impact on the entire industry and was known as the "Bai Qi Incident" in the electronics industry. After Lu Feng ruthlessly destroyed several companies in the north, the television industry was completely rewritten, ushering in the era of the two kings, Weipuda and Changhong, vying for supremacy.
Changhong reacted quickly, launching related collaborations across the country, determined to engage in a fierce battle with Wepda.
On May 10th, the weather outside was rather muggy. On Lu Feng's desk was a copy of Time magazine that had just been mailed from overseas, with a page dedicated to introducing Lu Feng.
An ordinary young man from the East created a miracle that amazed the world in a short period of time. The book simply selected some of Lu Feng's experiences and wrote them in a rather exaggerated way. The main story is about how Jiaxun Pager, in the face of technological blockade, rode on top of Motorola and smashed it.
Watanabe Shi is portrayed as a character who gets beaten up by Lu Feng all the way from the ROHM Group to Motorola's overseas marketing department, depicted as a cowardly and useless character.
When Watanabe first saw this article, he was so angry that he smashed up his office. This was too insulting to him. It was like telling the whole world that he had worked his whole life and was finally being ridden on by a young upstart.
This is intolerable!
This Time magazine was on Eddie Lambert's desk in the Goldman Sachs president's office. He had long since stopped paying attention to Lu Feng because he believed it was a deadly business battle. However, when he accidentally came across this article, he was quite surprised.
Originally, Lu Feng, who should have been quiet in his eyes, actually broke out amidst the encirclement and suppression of a group of companies, and Jiaxun Pager even trampled on companies like Motorola.
"That's too fierce!"
In all my years of investment experience, I've seen countless entrepreneurs with aggressive styles, but I've never met one as sharp as Lu Feng.
He picked up the phone on the table and dialed, saying into the phone, "I need some marketing materials for Jiaxun pagers. You can contact Sun Hung Kai Properties in Hong Kong."
Before long, the marketing strategy framework for Jiaxun pagers was laid out on the table. After reviewing it, Lambert concluded that Lu Feng was a valuable investment.
However, Jiafeng Electronics' valuation has been inflated somewhat.
“Let’s meet sometime.” Lambert picked up his pen and wrote it down in his memo. At the same time, he sent an email to Sun Hung Kai’s official email address, expressing his interest and curiosity in Jiafeng Electronics and hoping to sit down and have a chat if the opportunity arose.
The cooperation with Nokia is in full swing. Jiafeng's warehouses and sales channels have all been squeezed out and partially given to Nokia. Motorola failed in the pager market, but with the launch of mobile phones, it quickly occupied the market.
Unlike the bulky and heavy "big brother" mobile phones, the mobile phones on the market were proper mobile phones, palm-sized, with keypad dialing and only a small gray display screen, but priced at more than 20,000 yuan. In addition, due to the uneven distribution of base stations, the signal was slightly stronger than that of the "big brother" mobile phones, so it did not make much of a splash.
Ericsson's other manufacturers are also pushing their mobile phone businesses aggressively, but unfortunately, high prices and weak signals have prevented this market from flourishing.
Nokia officially launched in China at the end of last month, trading price for market share. With a price of around 15,000 yuan, Nokia got off to a great start in the Chinese market and secured the top spot in the mobile phone market.
The current Elmi is no longer the Elmi of a few months ago. She has just returned from the European headquarters. Originally, she was transferred to the mainland market for training because of her connections. Now it's completely different. When the company was in its most difficult time, she opened up the market in the far East.
It's like a ray of light shining through a window in a pitch-black room, which is a huge encouragement to the entire group.
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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