Chapter 724 New Cooperation
Reporters aimed their cameras and microphones at the podium, ready to record this historic moment.
Seeing everyone's frustrated and smug expressions, Wu De'en picked up the letter of intent for 850 million yuan and gave his final concluding remarks, his tone carrying a condescending tone: "Director Chen, leaders, although the process has been somewhat tortuous, 850 million yuan is still a huge sum of money. I hope we can put the past behind us and look forward to the future together. Now, we can sign this final agreement."
All eyes were on Chen Qing, waiting for her to give in.
As the ceremony was about to begin, the heavy "Letter of Intent for Equity Acquisition" was carried onto the stage by the hostesses.
All the pressure was on Chen Qing.
Tian Mengya lowered her head, barely daring to look, and couldn't help but silently wipe away her tears with a handkerchief.
The moment Wu De'en picked up the pen, Chen Qing slowly stood up, her face showing no anger, but instead revealing a calm yet confident smile.
This smile made Wu De'en frown slightly.
“Mr. Wu, I actually agree with what you said; timing does indeed come at a price,” Chen Qing said, his voice clear and composed. “So, I’ve seized another opportunity and would like to share with you a gift I just received.”
She nodded slightly, and Yang Yihe, who was hiding in the shadows, immediately placed a document marked with a telegram in front of Wu De'en, and also gave a copy to Song Zemin and the others.
Yang Weibin narrowed his eyes, staring at Yang Yihe, who exuded youthful energy.
I haven't been back to China in a long time, and I didn't expect there to be so many beautiful women here.
Yang Weibin suddenly felt a chill. He looked up and saw Chen Qing staring at him as if he were a dead man.
Chen Qing looked Yang Weibin up and down, his disdain reaching its peak.
Yang Weibin chuckled.
He didn't take her disdain to heart.
Yang Yihe felt that he looked familiar, but the person in front of her looked a bit strange, as if he had undergone plastic surgery. She silently retreated behind her aunt, but secretly made a memorized note of this person.
As Chen Qing watched everyone flipping through the documents, he began to introduce, "This is a copy of the cooperation invitation jointly sent by the 'Rhine Textile Machinery Group' of the Castle Country and the 'Raine Textile Company' of the Beautiful Country. They are willing to establish a joint venture with our factory to set up Asia's most advanced functional fabric R&D center in the form of technology equity plus a low-interest loan of 500 million. The condition is that we will exclusively use their patented technology and share the profits for the next twenty years."
Wu De'en's composure froze instantly.
These two groups are industry giants, and are the very entities that his Zhaofeng Group has always wanted to associate with but could not.
The entire audience was stunned.
The leaders in the front row looked at each other in bewilderment.
no--
When did Chen Qing secure another order worth 500 million?
Everyone hurriedly opened the documents to read them.
Oh, we already got it.
Why didn't she say anything?!
Why did she have to sign this inexplicable confidentiality agreement?!
Are you kidding me?!
The management of the summer sportswear factory were overjoyed.
It's saved!
Their factory is saved!!
Song Zemin put his reading glasses back on; he needed to study the situation carefully.
That scared him to death!
He thought Chen Qing was about to give in.
I didn't expect they had a backup plan.
It really made his mood fluctuate wildly, even though he was an old man.
The reporters were completely dumbfounded. What was going on?
Never mind.
shoot!
No matter what happens next, it will be headline news once it's published.
Yang Weibin's nonchalant attitude vanished instantly. His double eyelids, clearly visible after his plastic surgery, slightly obscured his pupils as he stared at Chen Qing with a gloomy expression.
Chen Qing looked calmly at Wu De'en and spoke unhurriedly:
"Based on the value of the technology and capital that our factory will acquire in the future, a preliminary assessment shows that it will be worth no less than 1.5 billion RMB."
Mr. Wu, you're trying to buy my future, valued at well over 1.5 billion, for 900 million. Who's really lecturing whom here? Who hasn't grasped the true state of affairs?
Wu De'en's eyes seemed to want to tear Chen Qing to pieces!
Chen Qinghong's lips curled up, and her entire demeanor changed from its previous calm expression to one of unrestrained arrogance. Giving them no chance to breathe, she directly threw out her final trump card: "Given Mr. Wu's optimism about the future of the mainland garment industry, I, on behalf of Shengxia Sports Apparel Factory, would like to propose a more constructive solution to you and your Zhaofeng Group."
Chen Qing leaned forward slightly, his gaze sharp as a knife: "We are willing to invest HK$200 million to acquire a controlling stake in your Nanyang Textile. We know that Nanyang has a mature sales channel in Southeast Asia, which is exactly what we need for internationalization. We will act as Nanyang's savior and help you rebuild. This is true win-win cooperation, not... one-sided plunder. Don't you agree?"
Quiet.
The large conference room, which can accommodate nearly a hundred people, is now so quiet you could hear a pin drop.
Click—
Pingping captured the moment her mother won the battle.
Upon hearing the familiar voice, the reporters snapped back to reality and quickly snapped photos of the scene.
In the vast conference hall, Chen Qing held the 850 million yuan document in his hand, his eyes slightly upturned and his lips slightly curved, exuding a powerful aura, like a general who had won a battle.
Across from her, Wu De'en looked grim, her cheek muscles trembling with anger.
Chen Qing did not ignore or tear up the letter of intent for 850 million yuan. Instead, he used two fingers to gently push it back to Wu De'en as if brushing away dust: "So, Mr. Wu, we appreciate your generous gift that you have condescended to offer."
If you change your mind and are interested in our proposed acquisition of Nanyang, my office is always ready to assist you.
Wu De'en: "Is this how you treat Hong Kong businessmen!"
Chen Qing did not look at Wu De'en, but turned to the reporters with a generous demeanor and a proper smile: "China is currently in the first year of reform and opening up. I am very grateful to the many Hong Kong and foreign businessmen who were willing to support us at the first opportunity. As a citizen of China, I would like to express my deepest gratitude."
She bowed deeply, and when she stood up, her eyes were still full of gratitude.
Chen Qing stared at the flashing camera lights, his expression unchanged: "But I must emphasize one point: what we seek is equal cooperation and mutual benefit."
We welcome fair handshakes, but we will never accept exploitation, let alone tolerate repeated humiliation!
China boasts the world's largest market, an efficient government, and hardworking people. Any sincere investment will yield unimaginable returns.
That's why our criteria for choosing a partner are not just about money, but also about mutual respect and growing together.
We also hope that our fellow countrymen recognize their own value. They come because they need our products; we are partners, and in business, there is never just one partner.
(End of this chapter)
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