Chapter 48

"What a pity!" Old Ren sighed, then said:

"Then you'll be in charge of this matter; once the price is settled, place an initial order for two million units to test the waters!"

"Understood, Chairman Ren!"

Yu Dong replied.

The next day, Old Yu boarded a plane with his mission and flew to Modu; the moment he disembarked, he headed straight for the Entrepreneurship Center in Songjiang District.

Inside the conference room, as soon as both parties met, they launched into a tense, sword-drawn negotiation.

Finally, after several hours:

12000 mAh, 199 yuan.

As for the cost of Lin Yi's battery phone, it included the plastic upper and lower casings, the protection circuit board, the resettable fuse, and the battery cell.

Thanks to the cobalt-free technology, the combined cost of these components did not exceed eight yuan.

This cost was roughly half that of current mobile phone lithium batteries,

Moreover, despite such large capacity, the volume of the new lithium battery was only half that of the original,

which meant there would be surplus space inside the phone.

This allowed for the addition of new phone components,

The reason the selling price to Huawei was so high this time

was, on one hand, because it was a new product; once Huawei announced the release of its new phone, it would create a huge buzz.

On the other hand, Huawei also hoped that by setting a high price, they could demonstrate their sincerity to Fengyi Technology.

This way, they could secure more production capacity from Fengyi Technology in the future.

At this time, not yet under sanctions, Huawei was flush with cash and unafraid to spend; the mere hype of the super battery was equivalent to advertising.

Not to mention that regardless of the battery's cost, Huawei would further mark up the price when selling the phones.

For Huawei, this was a guaranteed profit with no loss.

Thus, Huawei's initial order of two million battery units was placed with Fengyi Technology.

The transaction amounted to 300 million Chinese yuan.

Huawei had already transferred a deposit of 50 million,

However, Huawei required Fengyi Technology to deliver all batteries within six months.

Upon hearing this, Lin Yi thought for a moment and agreed.

Soon, both parties held a press conference announcing the cooperation between Fengyi Technology and Huawei, with Fengyi Technology becoming one of Huawei's battery suppliers,

and the two sides signed a contract for an order worth 300 million.

With the collaboration between Fengyi Technology and Huawei,

Fengyi Technology's fame skyrocketed almost overnight,

and Lin Yi became famous across the land in a single stroke.

(PS: For this new book, I beg for flowers, tips, and review tickets; your support is the author's motivation!)

Both parties held a grand signing ceremony at the Hilton Hotel in Modu.

Lin Yi represented Fengyi Technology, while Yu Dong represented Huawei.

After signing, they exchanged contracts.

Witnessed by numerous media outlets, the two men shook hands firmly.

Immediately afterward, photos of their signing were published online and reposted countless times.

Even Baidu Baike added an entry introducing Lin Yi.

It included details such as his birth date and the founding time of Fengyi Technology.

It also covered his cooperation with Huawei this time, among other things.

Media outlets including Tencent and NetEase all reported on this event.

Naturally, everyone at Modu University of Engineering, students included, learned that their school had produced an incredible student.

"Have you heard? A senior named Lin Yi founded an amazing company; even Huawei has placed orders with them!"

"Lin Yi? You mean Boss Lin? Damn... how did Boss Lin suddenly become so awesome!"

Upon hearing this, a male student searched online.

Good heavens! In their eyes, the rather decent Boss Lin had already topped the trending searches.

Moreover, he had just secured a 300 million cooperation deal with Huawei.

This was simply a cow standing on its head—absolutely mind-blowing.

Who could have imagined that someone who was just an ordinary student a while ago would become a billionaire in the blink of an eye?

For an ordinary student, this transformation was far too spectacular.

With various internet pushes and posts on the campus BBS forum,

the entire Modu University of Technology was shaken.

"Seeking Senior Lin's WeChat ID; I am fair-skinned, beautiful, and have long legs...."

"Does anyone have Junior Lin's contact number? I wonder if his company is hiring? I'm a senior this year, struggling to find a job upon graduation.

If anyone knows, I offer a heavy reward!"

"Boss Lin is truly incredible; I just read the NetEase news; this guy has actually reached a cooperation agreement with President Yu of Huawei!"

"Hehe, I heard our school supposedly expelled Lin Yi; I wonder how the school leaders feel seeing the news online now, haha!"

In fact, at this moment, including Dean Wei Ming, several vice deans were in very poor spirits.

Ever since learning that a director from the Academic Affairs Office had orchestrated Lin Yi's expulsion,

Wei Ming's mood had not improved.

This was especially true now that Lin Yi had exploded in popularity online in such a short time.

Now he had even secured a cooperation with Huawei, involving an initial order worth 300 million.

It could be said that Lin Yi now possessed the potential to become a tech tycoon.

Although the future remained uncertain, even now, the internet was no longer satisfied with the 1 billion acquisition price mentioned by Boss Jia of LeEco.

After all, even the notoriously strict Huawei had recognized Fengyi Technology's technology.

This was an ironclad fact: Fengyi Technology possessed leading high-tech capabilities.

As the founder of this enterprise, Lin Yi would naturally soon be laden with various honors.

Yet, as Lin Yi's school, Modu University of Technology had actually expelled him before he had risen to prominence.

As this matter was reported by major newspapers,

Wei Ming, while attending various meetings, could clearly sense the amused smiles directed at him by deans and principals from other schools in Modu.

Whenever this happened, Wei Ming's heart ached.

Regrettably, he had tried contacting Lin Yi afterward.

However, the other party indicated he had no intention of returning to school to study, as he was simply too busy with his current affairs.

As the company began to gain fame and enter a normal operational track,

it naturally could no longer operate haphazardly like an amateur troupe as before.

It needed to establish production, sales, quality management, and human resources departments, and hire professional managers.

Unlike before, when Fengyi Technology consisted only of a research department.

Now, Lin Yi's daily work involved interviewing various talents or headhunting individuals from recruitment firms.

Under these circumstances, how could he possibly have time to return to school?

Even if the school canceled his student registration, to be honest, Lin Yi cared little about it.

However, Dean Wei clearly would not let Lin Yi off so easily.

On the same day he contacted Lin Yi, Dean Wei immediately stripped the Academic Affairs Director of his position,

and not only revoked the notice of Lin Yi's expulsion,

but also ensured Lin Yi was awarded both the financial aid and the scholarship for this semester.

Furthermore, the school publicly announced that reports, including those in the Xinmin Evening News, were untrue.

The school's punishment of Lin Yi was entirely a misunderstanding; the school had never truly expelled Lin Yi.

At the very least, Lin Yi himself had never signed the expulsion notice.