Chapter 774: Ignition

"Director Chen, Ju Feng Technology snatched our Nokia phone contract manufacturing business—how can you still support their IPO?" Regarding Chen Yang joining Ju Feng Technology's financing and IPO plan, his assistant Xia Ye expressed incomprehension.

"The Nokia phone contract manufacturing business was never part of our acquisition plan. Ju Feng Technology took it, and we received compensation—it's actually a win-win." Chen Yang temporarily didn't want to tell Xia Ye the truth, merely giving a simple explanation.

Actually, Chen Yang's true purpose is to divert public attention from Dragon Soaring Electronics Factory to Ju Feng Technology. Because if Dragon Soaring Electronics Factory is too ostentatious, it could affect cooperation with the Fruit Company.

As for Ju Feng Technology's IPO, Chen Yang actually isn't optimistic. After all, since the Fruit phone debuted, international big-brand phones have all begun developing smart touchscreen phones and related ecosystems, except Nokia, which refuses to follow the usual path.

They clearly possess the world's earliest smartphone system, yet they cling to their own ecosystem. When touchscreen phones swept the globe, they insisted on the keypad phone route, ultimately turning the world's best-selling phone brand into an unwanted senior phone.

As a pure phone contract manufacturer, Ju Feng Technology would be somewhat risky if it fails to go public before the Fruit phone succeeds. This is also why Chen Yang wants to sign a profit‑for‑loss agreement with them.

If successful, Chen Yang, as the original major shareholder of the listed company, would naturally profit handsomely. If it fails, he could also make Sun Shaojie compensate him one hundred million.

However, compared to Long Hua, Chen Yang still appreciates Sun Shaojie a bit. Both followed Wu Jingzhong and Tang Qingquan, but Long Hua only thinks about monetizing his assets, whereas Sun Shaojie tries every means to seize opportunities and advance further—even to the point of wrangling business from that tycoon's mouth.

Such a person, with ambition and courage, can handle crises even if later changes occur.

So, Chen Yang decided to give Ju Feng Technology another push forward.

……

At Qingfeng Shan Zhuang, Sun Shaojie looked anxiously at Wu Jingzhong and Tang Qingquan. Although Chen Yang had invested one hundred million, that profit‑for‑loss agreement hung over his head like a deadly sword, leaving him constantly uneasy.

"President Wu, President Tang, Director Chen asked me to sign this profit‑for‑loss agreement—could he be sabotaging Ju Feng Technology's IPO behind the scenes?"

"Sun Director, what are you afraid of?" Wu Jingzhong calmly reassured Sun Shaojie: "Chen Yang is a billionaire worth over a hundred billion; if he were truly interested in Nokia's phone contract manufacturing business, even if you dragged us all out, you couldn't stop him."

"And since he's willing to relinquish the contract manufacturing business and also fund your IPO, it shows he still has confidence in Ju Feng Technology's future prospects."

Sun Shaojie, hearing Wu Jingzhong's analysis, felt a sudden relief. If Chen Yang were really sabotaging Ju Feng Technology's IPO behind the scenes, all his years of effort would come to nothing.

"President Wu, since you're both optimistic about Ju Feng Technology's future, why not invest a bit more so I don't have to bother others?"

Wu Jingzhong didn't directly answer Sun Shaojie, but turned his gaze to Tang Qingquan beside him and said lightly: "I prefer to play the stock market; for industrial investment, you'd be better off talking to President Tang."

Seeing Wu Jingzhong pass the question to him, Tang Qingquan hesitated slightly before telling Sun Shaojie: "Sun Director, my funds are limited, and the company still needs to file a report application. How about you wait two days? Once the board approves, I'll get back to you."

Sun Shaojie, hearing that, felt a bit disappointed, yet still expressed gratitude for Tang Qingquan's support. Just as he was about to take his leave, Tang Qingquan's phone suddenly rang.

"What? He actually volunteered to promote Ju Feng Technology?"

Tang Qingquan, while answering the call, quickly opened his laptop and logged onto the website of the Ordinary People Financial Investment Company.

Wu Jingzhong and Sun Shaojie also quickly moved closer; three pairs of eyes stared intently at the computer screen.

They saw that the Ordinary People Financial Investment Company's website now had two pieces of information that were extremely important to them.

The first item was simple and clear: it directly announced that the Ordinary People Financial Investment Company would invest one hundred million to help Ju Feng Technology Limited raise funds for its IPO.

The second item initially left the three bewildered, but after reacting they turned delighted—because Chen Yang not only supports Ju Feng Technology's IPO, he also wants Dragon Soaring Electronics Factory to halt work for three months for a major internal overhaul.

Thus, Ju Feng Technology will become the sole focus of Modu's phone contract manufacturing industry. Even if Sun Shaojie doesn't step forward, many capitals will voluntarily come knocking to discuss financing cooperation.

Sure enough, as soon as the three finished viewing the Ordinary People Financial Investment Company's website information, Sun Shaojie's phone rang.

Before Sun Shaojie could answer the call, Wu Jingzhong spoke first: "Sun Director, since Chen Yang is giving you this much face, we old friends shouldn't be stingy. I'll personally increase my investment in Ju Feng Technology to one hundred million!"

Seeing Wu Jingzhong add investment, Tang Qingquan also said: "Sun Director, I'll additionally invest one hundred million under the name of East Prosperity International. The contract can be signed right now!"

Sun Shaojie, hearing that, repeatedly expressed thanks. Still, he answered the incoming call—because those who proactively call to invest are bigwigs one cannot afford to offend. Even if we don't need their support now, we'll still have to deal with them later; more friends are better than more enemies.

This explanation took a full two hours. Even Wu Jingzhong and Tang Qingquan, who usually lack patience for waiting, also waited two hours.

Next, the three conducted an in-depth discussion on the details of the additional investment, ultimately eliminating the previous profit‑for‑loss clauses.

Thus, even if the IPO fails, Sun Shaojie's risk would be limited to Chen Yang alone.

But Sun Shaojie also knows that Chen Yang has already lit a big fire for Ju Feng Technology's IPO today. If it ultimately still fails, it can't be blamed on him being heartless.

Meanwhile, as Sun Shaojie, Wu Jingzhong, and Tang Qingquan were opening champagne to celebrate Ju Feng Technology's big step toward a successful IPO, Chen Yang was facing a phone questioning from Wang Tianhe.

"Chen Yang, what are you doing? You bought Dragon Soaring Electronics Factory for a hundred million, first lost Nokia's phone contract manufacturing business, and now you want to shut it down for three months. Don't cause any mass incidents for me!"

"Uncle, rest assured—I'm only halting work, not wages, so there won't be any mass incidents."

"What are you playing at? You ignore your own phone contract manufacturing factory and go help another's factory go public?"

"Uncle, this is a business secret; please forgive my temporary silence."

"Hmph, just as I expected—secrecy. That kid Qing Shu slipped away without a word, also keeping quiet. Let's see what tricks you two can pull!"

"Hehe, uncle, rest assured! No matter how things develop later, I'm guaranteed to profit without loss."