Chapter 768
After completing the betting agreement, Chen Yang no longer followed the subsequent development of the Extreme Speed Racing game.
The road has already been paved for Wang Lei; as long as he doesn't mess around, no company can currently compete with Extreme Speed Racing on the speedway.
In comparison, the acquisition progress of Dragon Soaring Electronics Factory was relatively slow. After some investigation, Xia Ye's team offered a bid of one hundred million. But Long Hua, relying on Nokia's mobile phone OEM orders, clung to a price of one hundred fifty million and refused to budge.
Nokia's OEM orders were somewhat insignificant to Chen Yang. The dominance of this mobile phone brand would soon be overtaken by smartphone brands like Fruit, Three Stars, and Chrysanthemum.
But only a few months remain before the first-generation Fruit phone is released; to secure their OEM business, a mature supply chain is essential.
To avoid affecting the plan, Chen Yang decided to meet with Long Hua again. Unexpectedly, the other party set the meeting place at Qingfeng Shan Zhuang, which he disliked visiting.
Chen Yang didn't know the other party's purpose, but he had some understanding of Wu Jingzhong and Tang Qingquan. These two guys recently made a fortune in the stock market using the promotion of Extreme Speed Racing. If they learned that Chen Yang was doing OEM work for Fruit Company's phones, they would surely make a big deal out of it.
To thwart Wu Jingzhong and Tang Qingquan's plans, Chen Yang did not let Xia Ye participate in the negotiations; he only brought Bai Ruonan to Qingfeng Shan Zhuang for the meeting.
"Director Chen, Extreme Speed Racing broke the simultaneous online record in the gaming world just a few days after its open beta—congratulations!" Chen Yang had just arrived at Qingfeng Shan Zhuang when Wu Jingzhong stood smiling at the door to greet him. By contrast, the host, Tang Qingquan, did not show up.
"President Wu, you are also a major shareholder of Three Stone Technology Company; Extreme Speed Racing's success should be a shared joy, right?" Although Chen Yang disliked Wu Jingzhong, he still smiled and shook hands with him. The more scheming a person is, the less one should offend them casually.
"Haha, indeed a shared joy!" Wu Jingzhong laughed twice to brush off his embarrassment, then told Chen Yang: "I had originally planned to go to Dama for a vacation, but Long Hua forced me to stay. He said running his company for so many years wasn't easy, so please give him some leeway and don't drive the price too hard."
Chen Yang heard he was there to speak for Long Hua, and said with a smile: "In business, prices are negotiable. However, Chairman Long is hiding himself and sending you, an outsider, to do the talking—this seems lacking in sincerity."
As soon as he finished speaking, Long Hua walked out from the villa.
"Director Chen, sorry sorry, I was just taking an important call. My apologies for the poor reception; please forgive me."
Chen Yang thought Long Hua's behavior was childish. By hiding himself and letting Wu Jingzhong represent him in negotiations, he failed to realize that, in Chen Yang's mind, Wu Jingzhong's face was worth more than fifty million.
"Chairman Long, I don't have much time; let's find a quiet place to discuss the acquisition of Dragon Soaring Electronics Factory in detail!" Chen Yang didn't want small talk and went straight to the point.
Long Hua nodded and immediately led Chen Yang to the prepared private room.
To Chen Yang's surprise, Wu Jingzhong also followed into the private room.
"Chairman Long, isn't it inconvenient for President Wu to be here for our negotiation?"
"Convenient! Convenient!" Long Hua had deliberately invited Wu Jingzhong to back him up, so he wouldn't turn him away. With Wu Jingzhong, a local bigwig in Modu, present, Chen Yang would inevitably consider his reputation during the negotiation.
Chen Yang was displeased that Long Hua insisted on bringing Wu Jingzhong into the negotiation.
"Chairman Long, since you don't mind President Wu being here, let's get down to business."
Long Hua solemnly told Chen Yang: "Director Chen, our company has Nokia's OEM orders and also a mobile phone production license. A bid of one hundred fifty million is quite reasonable."
Seeing his firm attitude, Chen Yang smiled slightly and said: "Chairman Long, your factory is rented, and much of the equipment is near obsolescence. Without the mobile phone production license, even a bid of one hundred million would seem too high to me."
Long Hua immediately replied: "Although our factory is rented, the rent is low and the lease still has ten years. Most importantly, we have stable OEM orders from Nokia, an advantage many domestic phone contract manufacturers lack."
Chen Yang snorted: "Chairman Long, if you didn't bring up Nokia's OEM orders, we could still talk nicely. Since you regard those orders as your bargaining chip, I can only proceed by the book."
"As far as I know, Nokia's OEM phone profits are minuscule. Given Dragon Soaring Electronics Factory's scale, its annual net profit would not exceed fifty million. Yet the financial statement Long Hua provided shows a profit of over one hundred million."
"Then the question arises: if your company can earn over one hundred million annually from phone OEM work, why sell for only one hundred fifty million? Don't you like money?"
Long Hua's face twitched slightly at the words, but he quickly composed himself. He deliberately sighed and said: "Director Chen, don't blame me—I actually have a family emergency and urgently need money, so I had no choice but to sell the company."
Chen Yang saw he was still making excuses and snorted: "Chairman Long, I've made this crystal clear, yet you're playing dumb. You…don't really think our company's money always lands a financial director position through connections, do you?"
Upon hearing this, Long Hua's face instantly darkened.
Chen Yang continued: "If the authorities learn of your company's financial fraud, they would not only revoke your mobile phone production license but also likely imprison the responsible parties for over ten years."
Long Hua broke out in a cold sweat and slumped helplessly in his seat. He couldn't understand how, despite his seemingly flawless scheme, the problem was still uncovered.
"Long Hua, you bastard!" Wu Jingzhong, sitting nearby, sensed something was wrong, rose with a livid face, and punched Long Hua in the face. Before Long Hua could react, Wu Jingzhong kicked him again, sending him crashing to the ground.
"Sorry, President Wu—I only did this foolish, bewildered act hoping to give you a bit more benefit," Long Hua said while dodging and explaining.
"Get lost, you damn egg—I don't care about your petty cash!" Wu Jingzhong, seeing Long Hua still trying to drag him down, delivered another vicious kick. If Chen Yang were a bit more scheming, exposing Long Hua's financial fraud after acquiring Dragon Soaring Electronics Factory would make this intermediary a laughingstock throughout Modu.
"President Wu, forget it. Let me finish the business first!" Chen Yang worried that Wu Jingzhong would beat Long Hua into incapacity, affecting the progress of acquiring Dragon Soaring Electronics Factory, so he immediately stepped forward and grabbed him.
Although Wu Jingzhong was fuming with anger, he still stopped his continued attack on Long Hua. After all, this time he had almost gotten Chen Yang into trouble.
Seeing Wu Jingzhong stop, Long Hua immediately said to Chen Yang, "Director Chen, as long as you let me go, I'm willing to sell the factory to you for eighty million!"
Chen Yang thought, "If I had known earlier, why bother at the start?"
He glanced at Wu Jingzhong, then lightly said to Long Hua, "Since you invited President Wu, I ought to give some face. How about one hundred million?"
Upon hearing that, Long Hua immediately produced the prepared contract and handed it to Chen Yang.
Chen Yang did not take the contract, but with a solemn expression said to him, "As long as you agree to this price, the follow-up work can be discussed with my people below. After all, I can't tell whether there are any other hidden clauses in this contract."
After saying that, Chen Yang stood up, greeted Wu Jingzhong, and then left the private room.
Not long after he left, the sound of Long Hua's wailing and howling came from inside again.
End of Chapter
