Chapter 74

"Hanxi Li Dongling High-Tech Company!"

The BBC host used a tongue-twisting pronunciation to say the name of Li Dongling High-Tech, "You may perhaps be somewhat unfamiliar with this company, but the tech industry will definitely not be unfamiliar with it!

Just less than half a year ago, this Chinese company from Hanxi had just fought a major patent litigation war with the American company Microsoft over mouse patents, and it ended the lawsuit with Microsoft paying a settlement, becoming the first tech company in the last decade to make Microsoft pay compensation!

Tech industry experts believe that this lawsuit may have caused Microsoft's biggest crisis in history at the time. It indirectly led to the 'First Anti-Microsoft Alliance' being formed invisibly by computer industry-related companies, including computer manufacturers, software companies, and semiconductor firms, but Microsoft conceded in time to avoid the crisis of potentially being broken up!"

After a brief introduction to Li Dongling High-Tech, the BBC report continued, "This electronic pet machine is the second product launched by Li Dongling High-Tech. Since its release, it has become popular among young people in Japan, America, Hong Kong, Singapore, South Korea, Malaysia, Australia, and other places at an unimaginable speed. It is evolving into a new trend and culture!

A trend and culture caused by this kind of electronic product has never happened before. Previous electronic entertainment products like computers, game consoles, and Walkmans had never caused such popularity that crossed regions, languages, and ages.

The BBC will continue to report on follow-up news about the electronic pet machine. Our reporters in Hong Kong will soon rush to Hanxi Province to launch an interview with Li Dongling High-Tech!"

Feng Feng Miaoyu looked at the news on the TV, feeling that her brain couldn't process it for a moment.

She had been in England for over a year. Her biggest feeling was the arrogance deep in the bones of the British people who called themselves gentlemen. They looked down on Americans, thinking those on the other side of the Atlantic were just a bunch of upstarts; they also looked down on the "Gallic Rooster," thinking it was too lazy, and viewed Germany as country bumpkins.

As for Asians, in the eyes of the British, there was nothing good to say, and the media wouldn't report anything good either, filled with contempt. The China in the eyes of the British was still stuck a hundred years ago...

As for using a special report on TV media to cover a company or a person, that was an unprecedented thing. But now she had seen it: the BBC used a special report to cover a domestic company. Although they didn't hype up Li Dongling High-Tech, they maintained at least minimal respect for this company from China without any belittling. This was truly rare in England and Europe!

For a moment, Feng Feng Miaoyu also developed some interest in Li Dongling High-Tech. Seeing reports on Li Dongling High-Tech in a place thousands of miles away, in the media of a foreign land, subconsciously, Feng Feng Miaoyu felt that Li Dongling High-Tech must be one of the best tech companies in China; otherwise, how could it be specially reported by the BBC? These days, foreign media still had considerable influence in the eyes of many Chinese people, and were even viewed as so-called "daring to report the truth"...

It wasn't just Feng Feng Miaoyu; Chinese students studying in England and viewers who could watch the BBC all had some impression of Li Dongling High-Tech and the electronic pet machine after this report.

The phone in the apartment rang. Feng Feng Miaoyu climbed up from the sofa and picked up the phone. Hearing the voice on the phone, she called out, "Sister!"

The two Feng sisters—Feng Feng Miaoyu's older sister, Feng Feng Miaoyu—worked as an editor at the Yanjing Business Daily. Their mother passed away early. When Feng Feng Miaoyu's father went out to do business, she was taken care of by Feng Feng Miaoyu. It was no exaggeration to say that an older sister was like a mother; the relationship between the sisters naturally went without saying.

After talking with Feng Feng Miaoyu on the phone for a few sentences, she remembered the news she just saw on the TV, "Sister, have you heard of that Li Dongling High-Tech?!"

"Li Dongling High-Tech?!"

When Feng Feng Miaoyu heard Feng Feng Miaoyu say this, she thought for a moment and only remembered the events of this year, assuming Feng Feng Miaoyu was talking about Li Dongling High-Tech's lawsuit with Microsoft and the refusal of investment from the Sitong Group.

"I've heard of it. It's a newly emerged tech company that has made quite a stir this year. But why are you bringing up this company?!"

"Just now, the BBC used a special report to cover Li Dongling High-Tech, and they also said that one of Li Dongling High-Tech's products is selling like crazy in Japan and America!"

"The Silver Mink mouse?!"

Hearing this, Feng Feng Miaoyu also felt she couldn't react. As a media person, she had of course heard of the British BBC's reputation, but she hadn't heard that the Silver Mink mouse was selling like crazy. The Silver Mink sold quite well domestically, but it was far from being called "selling like crazy." It was like that domestically, let alone abroad.

"It's not the mouse; it's called an electronic pet machine!" Feng Feng Miaoyu said.

Hearing this product she had never heard of before, as a media person, Feng Feng Miaoyu instinctively felt that a big news story she didn't know about might have appeared.

"Take care of yourself in England. Have time to give Dad a call; the old man misses you quite a bit!"

After giving Feng Feng Miaoyu instructions, Feng Feng Miaoyu hung up the phone and started to get busy.

It wasn't the internet era yet where everyone was a self-media person. No matter where something happened, it could instantly spread to all parts of the world and make the headlines of various countries.

Feng Feng Miaoyu first found newspapers and media from Guangdong. That place was adjacent to Hong Kong, so they reported more overseas news. In this regard, their conditions were indeed more advantageous than inland media.

After flipping through several newspapers, she finally saw a report on the electronic pet machine in one of them. It reported that the electronic pet machine was the favorite electronic product of young men and women in Hong Kong, and it was already a hit product. As long as a store stocked electronic pet machines, it could attract hundreds of people to line up.

Other media newspapers also had scattered reports about the electronic pet machine in Japan, Singapore, and other places, but in these reports, the words "Li Dongling High-Tech" never appeared.

This situation instead increasingly attracted Feng Feng Miaoyu's interest. She found the newspaper's editor-in-chief and wanted to contact the newspaper's overseas news partners. Although the Yanjing Business Daily didn't have resident reporters overseas, it had cooperative relationships with news media organizations in Hong Kong, Japan, Singapore, New York, London, and other places. Inquiring about some information was not a difficult task!

The next day, Feng Feng Miaoyu, who had been organizing materials all night without sleep while sporting dark circles under her eyes, poured another large gulp of cold tea. She had no sleepiness at this moment; instead, she was full of energy. She felt that after this report was published, it would absolutely cause a sensation in the entire domestic industrial and commercial sector.

For this report, she had contacted multiple overseas media outlets that cooperated with the Yanjing Business Daily. Although the specific data was not yet very accurate, she had organized estimates of how many electronic pet machines Li Dongling High-Tech had sold, how much revenue it had, and even its impact on Japan's Wan Dai company.

After reviewing it again, Feng Feng Miaoyu walked into the editor-in-chief's office.

"Oriental Magic Machine, Sweeps 60 Million Dollars Overseas!"

As one of the oldest economic newspapers in China, the Yanjing Business Daily had a significant audience. Especially since it often published theoretical articles and commentaries in the newspaper, and invited celebrities from the economic industry to analyze certain sectors, sometimes even blowing winds about policy changes in certain industries, it was highly valued by many municipal departments and companies, and had considerable influence in Yanjing and surrounding areas.

And today, when those who received the Yanjing Business Daily saw this headline, many were startled. Their first feeling was whether these well-known large domestic companies had made some new stir again.

But after opening it, what they saw was the name of Li Dongling High-Tech, and above it was Feng Feng Miaoyu's report on the electronic pet machine.

"The electronic pet machine launched by Hanxi Li Dongling High-Tech has been on the market for less than two months, and estimated sales have already exceeded four million units. According to the overseas retail price of the electronic pet machine, the total revenue has reached as much as 60 million US dollars, making it the domestic private company with the highest foreign exchange earnings at present. The electronic pet machine is also the most popular domestic product exported overseas in history, bar none!

Japan's Wan Dai company, which sells the electronic pet machine on behalf of the manufacturer, has seen its stock price soar by more than 60% due to the sales of this product, becoming the best-performing company in the Japanese stock market this year. America's Toys "R" Us company has also seen its stock price rise by over 17% due to the sales of this product, with the stock price hitting a three-year high..."

When the Yanjing Business Daily released this report, the first reaction of many people was confusion, and a feeling of disbelief.

They had never heard of what an electronic pet machine was. Moreover, this broke their train of thought. Generally, when domestic companies developed new products, didn't they sell them domestically first, and if they couldn't sell them domestically, they would find ways to sell them overseas at a "loss"? Yes, selling at a loss. Companies that exported now had never thought about being able to make money overseas. They all sold at a loss. Foreign prices were cheaper than domestic ones, relying on low prices to boost volume, and after earning foreign exchange, they would rely on export subsidies to make up for the losses.

Like Li Dongling High-Tech, which didn't sell domestically but went directly to sell abroad, and could still sell them and earn so much foreign exchange—this had never happened in China before. People who saw the news had the first reaction that the Yanjing Business Daily might have reported it wrong, or that it was fake news.

At the very least, when Wang Tian'an, the boss of Yanjing Qiu Tiancheng Trading Company, saw this newspaper, his first feeling was that what was in the newspaper couldn't be true. Previously, when Li Dongling High-Tech united with Hanxi Jiaotong University and Pingyang University to establish a joint laboratory, he had even criticized Li Dongling High-Tech, saying that they were floating just because they had a little money, didn't know their own name, and dared to learn from large foreign companies to set up some laboratory—it was purely blind tossing. In his view, domestic companies could currently only work for foreign companies.

But if this report was true, Wang Tian'an remembered what he said in front of the media and only felt his face burning. He didn't believe the boomerang would hit him so quickly.

"It can't be true!"

Wang Tian'an said through gritted teeth, preparing to pick up the phone to find overseas partners to find out the situation clearly, and then expose the lies of the Yanjing Business Daily in the media. He had been in foreign trade for so many years; how could he not know the character of domestic companies?!

(End of chapter)