Lu Feng found his Japanese-accented English rather awkward and couldn't help but say, "Just say what you have to say. If you're just trying to talk back to me, I'm not in the mood for idle chatter right now."
"Lu Fengjun, don't be so impatient. It's very late here. I checked the time where you are before calling you. I know you're very anxious. I'm here to give you a solution, aren't I?" Watanabe Shi's voice carried a hint of teasing.
"Offer solutions?" Lu Feng scoffed. He had no idea this person was so kind.
“That’s right. If you don’t agree to the US’s demands now, you’ll definitely lose the African market, and it’s even uncertain whether you can keep the Thai market. Since you don’t want to sell to them, why not sell to us?” Watanabe said lazily on the phone. “We can take a stake, how about it?”
"What's the difference? I might as well just let Wall Street financial firms take control. We're all here to be dogs, why should I be a dog's dog?" Lu Feng said into the phone, "You still have the nerve to call me? Do you think you've saved me from danger and I'm incredibly grateful to you? Bah!"
"Lu Feng!! Don't push your luck!" Watanabe Shi, on the other end of the phone, never dreamed that Lu Feng would react like this. His face turned ugly as he said, "Let me tell you, this is your best choice. Otherwise, Jiafeng Electronics will never be able to step out of China in this lifetime, and its global business will be completely ruined."
"So what if the hot springs are ruined? It's better than working so hard to cook a meal only to have someone watching over it while it's still sitting in the pot, making all that effort for nothing, right?"
"This is your last chance! We're both Asians, and I had to use a lot of persuasion to get this for you." Watanabe Shigeki said angrily, as if Lu Feng were biting the hand that feeds him.
"Hahahaha!" Lu Feng laughed at this, choked on his cigarette, and coughed. After a while, he said, "You? Let me tell you, I know you better than you know yourself. You'd be kneeling in the middle of Wall Street and kowtowing to those old men, begging them to take you back. I won't say anything else, just ask yourself honestly, do you want to be a Japanese? You damn traitor!"
"You!!! Baka yarou!!!"
Watanabe Shi felt his secret had been exposed, and he instantly became furious and embarrassed. He muttered random curses in Japanese before hanging up the phone.
It was almost midnight. Lu Feng, feeling somewhat irritated, tossed the phone aside, lit a cigarette, and pushed open the sliding door to stand on the balcony.
A week passed in the blink of an eye.
Lu Feng and his group made no progress except to wait for news. Han Guoping had hired a top local lawyer and had already filed a lawsuit in the local court.
However, as everyone knows, the chances of winning such a case are slim, and it can drag on for a long time, sometimes even for several years, with exorbitant legal fees.
Wei Yandan and her group of senior executives in China actively spoke out, and the matter was even broadcast on major domestic news media between 7:00 and 7:30 pm, which means the matter has escalated to another level.
In the course of a week, Lu Feng received the most calls from investors. This crisis was not a simple business crisis, but a devastating blow in a fundamental sense!
Zhenkun called more than a dozen times, constantly inquiring about the progress. Lu Feng truthfully explained the latest situation to him, and even informed Sun Hung Kai that the 500 million yuan investment this year could be withdrawn.
Sun Hung Kai Properties was also hesitant because they saw that Schroders Investment Group hadn't made any moves. In terms of investment risk, such a large group had a more precise control over risk. If it didn't leave, there was no need for them to leave either.
Along with Sun Hung Kai, United Capital was also watching from the sidelines. Several major shareholders almost had their hearts stop when they heard about this. The turmoil at Jiafeng Electronics was like a dance hall, with each wave bigger than the last!
Ambassador Xu brought news today that negotiations are still ongoing, but they are very difficult and the hope is slim!
The legal team is also reviewing local laws in hopes of finding legal provisions that could prevent the goods from being seized.
In the blink of an eye, another half year has passed, and it's already the end of October. The domestic market has basically stabilized, and the public opinion about Jiafeng Electronics infringing on patent rights has begun to gradually decrease. Jiafeng Electronics' products are recovering after experiencing a sales slump.
These twenty-two days were absolutely the most agonizing for Lu Feng. He felt an indescribable sense of powerlessness. Whether it was from some reports or the words he heard from certain people, it all made him feel depressed.
A few days ago, Lu Feng managed to contact Eisen of Goldman Sachs, and through Eisen, he contacted the assistant to the CEO of Goldman Sachs.
The other party made it very clear on the phone: "We are here to target you unless you give up your investment in semiconductor research and development and switch to other research and development. Now we are suppressing your voices, and the next step is to target your laboratories and overseas research and development bases."
Lu Feng laughed and said, "You guys are quite straightforward."
The other party stated that for a small company like Jiafeng Electronics, there is no need for them to hide anything. Jiafeng Electronics is so weak that they don't need to lie, nor is there any need for them to lie. They can just attack you, so what?
despair!
After hanging up the phone that day, Lu Feng had only one feeling left: in his previous life, he had seen a company replace all its senior executives overnight under pressure, pay all the fines, and be manipulated however the other party wanted.
At the time, Lu Feng was so angry that he cursed the spineless coward, but now that he was facing such great pressure, he finally understood the difficulties involved. Jiafeng Electronics only had two major overseas markets.
If one day the group has markets in hundreds of countries around the world and faces a global market shutdown, even if Lu Feng is tough, he will probably be kicked out of the board of directors overnight. Then the board of directors will choose someone else, and he will have to give in.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
