Chapter 952 Discussing Acquisition



The voice coming from the phone was so grating that Ronald had to hold the phone further away. He said helplessly, "Dad, this time it's for real. This brother is really reliable. Besides, he's not only rich, he's also powerful. Why would someone as rich as him care about our little bit of money?"

"Then tell me, was he just bored and had nothing better to do than buy our mine at above-market prices?"

"Seriously, this time we're not doing anything else, we just want to buy our tungsten mine to help us through this crisis. If you think I'm unreliable, go meet him yourself. Anyway, we're selling the mine," Ronald said irritably.

"Let me tell you, we're already in talks with several companies in the US and Japan about buying our mine at market price. It's just that the payment might be delayed for a few years, but I feel comfortable selling it to them!"

“You sell to them…” Ronald was speechless. How badly had these companies treated him when he signed contracts over the years? And now he wanted to give them a discount?

Ronald really wondered if his dad had some kind of personality trait—that he developed feelings from being bullied?

“It doesn’t matter who we sell to, my brother is selling for cash, and at a higher price than them. Dad, let me tell you, I’ll handle this. You don’t need to worry about it. Our diamond mine is waiting for the money to develop the brand. If they keep dragging it out, nothing will get done!” Ronald said anxiously.

After much back and forth, the old man also felt that he could meet his son's good brother, just in case things turned out well.

So we arranged an afternoon tea at his commercial building.

Lu Feng woke up around 10 a.m. After washing up and getting ready, it was time for lunch. At the table, Lu Feng didn't have much of an appetite, having drunk quite a bit the night before.

Putting down his chopsticks, Lu Feng asked Han Guoping, "Has the court issued its verdict yet?"

"The latest it should be is the day after tomorrow." After saying that, Han Guoping suddenly remembered something and hurriedly said, "By the way, the company is holding a board meeting on December 10th, so I must be able to go back then."

"Board meeting? I didn't hold one... Oh, oh, oh!" Lu Feng realized what he meant and nodded, saying, "Book me a plane ticket in advance. Book one to Hong Kong first, and then return to Shenzhen."

“Okay, Ronald also called and asked to meet you at the Central Building this afternoon. His father will be there too. If all goes well, the tungsten mine deal should be finalized,” Han Guoping estimated.

"This matter must go smoothly. We need to get things sorted out when the court enforces the asset freeze. We need to get the court to freeze the mine's accounts directly. Anyway, the companies that the mine supplies to all of them settle accounts periodically. With our strength, paying the mine workers for a few months shouldn't be a problem." Lu Feng sat there, slowly thinking.

"President Lu, shouldn't we retaliate immediately after acquiring the minerals? We can just sell them the minerals and turn the money into cash," Han Guoping asked, puzzled.

"No, no, no!" Lu Feng waved his hand and leaned back in his chair, saying, "I don't lack those few hundred million. When doing things, don't always focus on the petty gains in front of you. You need to have long-term strategic goals. Such a good piece of steel must be used where it counts. We can't directly handle these two mines. We need to find someone unrelated to them to buy them without alerting them."

"I'll handle this!"

"No, you can't handle it. Ronald's men have to handle it. We have to hide this hidden weapon well. When it's crucial, we have to make a hole in it for them!" Lu Feng said in a deep voice.

Han Guoping could sense that Lu Feng was suppressing his displeasure, but faced with such a powerful opponent, he could only hold it in.

After dinner, Lu Feng rested briefly. Things were basically settled, and as of now, neither Japan nor the United States seemed inclined to exert further pressure, which reassured Lu Feng somewhat.

Lying in bed, Lu Feng had no intention of resting. He had no idea what Su Yourong was up to, but he did know one thing: this woman was never willing to be subservient to anyone, and it was not impossible for her to turn around and devour him one day.

The international environment is complex, and the United States and Japan have begun to compete in the field of high-end semiconductors. Both sides have made significant investments, especially the United States in its investment and support for Silicon Valley, as evidenced by the amount of money Wall Street has invested in the region in recent years.

Neither internal nor external conditions are favorable for Lu Feng. He can only hope to do more things in the short term by relying on Europe.

Time is really tight. Sometimes I think that two years is an optimistic estimate.

How could a sophisticated industry like semiconductors be developed in a short period of time?

The best outcome Lu Feng can envision right now is for Jiafeng Electronics to secure a place in core technologies such as chip design, thin-film capacitors, aluminum electrolytic capacitors, inductors, and crystal oscillators, and to cultivate a related industrial chain in China.

Of course, given the state of consumer electronics in China, it would be extremely difficult to cultivate an industry chain, and ultimately it depends on the government's decision.

It's difficult for Lu Feng alone to change these things. Lu Feng is already thinking about how to report back to his superiors and increase investment and support for integrated circuits.

At 2 PM, after changing his clothes, the scene was the same as yesterday. Several luxury cars were parked downstairs at the hotel. Lu Feng got in the car and drove straight to the agreed location.

The Central Tower, located in the heart of Cape Town, was developed in partnership with others by the Ronald family, who hold a certain equity stake. This building is also a famous local attraction, demonstrating the Ronald family's wealth and influence in the area!

At the appointed time, Ronald was already waiting downstairs. This time, he was determined to prove to his father that he was not the kind of person who associated with bad influences, and that he would bring honor to the family.

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