What Kind of Black Tech is This?
Chapter 31

Give More Money

1,527 words5 min read0 views
6mo ago

Hosted by Changhong Company, a meeting involving several major companies in Daxia Country's television industry is underway, concerning the survival of every home appliance company.

In Changhong Company's small conference room, attendees are all presidents or directors, virtually representing the will of their entire companies.

Furthermore, they are under the constant watch of their respective company's high-level board of directors, who can be reached via phone or video conference at any time for major decisions, convening the highest level of board meetings.

The meeting began with a director from Changhong Company taking the floor.

Dressed in a sharp suit, the director, over fifty years old, got straight to the point:

"The Phantom Projector, its powerful performance is something everyone should have experienced. This is a crisis of survival for the television industry. If we can overcome it, we can continue to make money. If not, perhaps before long, most of our companies will be submerged by the tides of history.

Alright, enough with the pleasantries. I believe that recently, everyone here whose main business is television manufacturing has experienced the terrifying cliff-like drop in sales and severe daily losses.

We've likely exhausted all possible solutions."

As the Changhong director spoke, the other company executives listened quietly.

"Discount policies. For a hundred-inch television, consumers won't even consider it unless it's priced at a few hundred yuan. But selling it for a few hundred yuan means a loss, a massive loss. I doubt any company is willing to sell at a loss.

And for companies that also produce projectors, the projectors they manufacture have issues displaying normally even in bright light. Their resolution and clarity are nowhere comparable to the Phantom Projector. This path is also a dead end.

We've tried to find out why the Phantom Projector achieves such excellent results, attempting reverse engineering and manufacturing. But months have passed, and no company has announced mastering the same technology, nor have products with similar performance and price emerged.

It's foreseeable that the end of this road is still death!

As for negotiating cooperation, technology licensing, and other such matters with Shenma Technology Company, I believe everyone has already tried. I won't elaborate on the results.

If any of you had succeeded, the news would have spread already, and we wouldn't be here in this meeting.

Everyone, at this critical juncture for our companies, fantasies have been shattered. Only by making one last desperate gamble can we possibly survive. I believe everyone understands this principle.

Our Changhong Company has thought of a solution, and it's the old way: money!

However, this isn't a small sum. It's even beyond what one company can handle. We need to offer a sky-high price that Shenma Technology Company's Ning Yifan cannot refuse!

This is the reason for organizing this meeting. When we were previously able to contact Ning Yifan, our company offered a maximum bid of one hundred billion Daxia Coin.

One hundred billion is almost the absolute limit of our company's financial capacity, yet it was still rejected.

He's very smart. Compared to the profits that can be gained by monopolizing the entire television industry, this amount isn't that significant. With the capabilities Shenma Technology Company has demonstrated, they could earn this much in a few years.

But what if it were ten times that amount? Five hundred billion, or even one trillion!?"

At this point, the Changhong Company director paused and smiled.

"That's almost the amount he could earn in half his lifetime relying on the Phantom Projector. Now, he can get it simply by selling off his company!

He can have all of this without hard work. I don't believe he can still refuse this!

Of course, if that truly happens, then we should all look for new opportunities elsewhere.

So, the main purpose of this meeting is to raise funds. Additionally, the amount each company contributes will become an important factor in determining the proportion of shares we will hold in Shenma Technology Company later.

However, these future matters can be discussed after we complete the acquisition of Shenma Technology Company.

The most important thing now is to raise funds and purchase the Shenma Technology Company and its Phantom Projector production technology.

For this acquisition plan, our Changhong Company is willing to contribute two hundred billion in funds. This is almost equivalent to selling off our entire company, liquidating assets, selling land and equipment to realize this cash. This includes decades of company earnings, as well as real estate, subsidiaries, and more.

This is a huge gamble. If it succeeds, the era of televisions worldwide will end, and the Phantom Projector will rise.

We will monopolize this industry. No, how can I say monopolize? We have several companies, and we are all competitors. It just so happens that all of us are Daxia Country companies.

When our products are sold worldwide, in Japan, America, South Korea, television and display products will retreat step by step under the onslaught of the Phantom Projector.

Good products, combined with our existing domestic and international channels, offline distributors, and the reputation we've built over the years, will be enough to make consumers willingly open their wallets!"

Having laid out all the plans the company could conceive, the Changhong Company director turned to the others and asked.

"Our Changhong Company is willing to liquidate assets, sell land and buildings to raise two hundred billion in funds for this gamble. I wonder what the opinions of everyone present and the companies you represent are. Are you willing to join us?"

The executives from the other television industry companies exchanged glances. Then, a representative from one company stood up and said.

"This plan has a possibility of success. However, it concerns the survival of our TCL Company, so we must hold a meeting to discuss it before making a decision. Please wait a moment."

"Our Skyworth Group is the same. Although I personally believe this plan is feasible, the company isn't solely decided by me. We must go through a board meeting."

The board representatives sent by several companies used their mobile phones to initiate video conferences with other directors waiting for the results at their respective companies. The meetings lasted for several hours, involving voting and the presentation of various ideas.

Finally, the results from the board meetings of each company came in one by one.

"Regarding this meeting's plan, our Hisense Company is willing to raise two hundred billion Daxia Coin to complete the acquisition of Shenma Technology Company and its Phantom Projector. However, after they express willingness to sell Shenma Technology Company and the Phantom Projector technology, we hope to finalize the proportion of shares each of us will hold."

"Our TCL Group is willing to invest one hundred billion, with the remaining demands being the same as Hisense Company."

"Our Skyworth Group is willing to invest one hundred billion..."

"Our Haier Group is willing to invest two hundred billion..."

At this critical juncture, several major Daxia Country companies in the television industry declared their willingness to take a gamble, because this gamble had a high probability of winning!

The Changhong Company director finally relaxed, smiling as he said.

"Excellent. That brings the total to eight hundred billion Daxia Coin. With this much money, it's more than enough for that genius young man named Ning Yifan to squander for a lifetime. I don't believe he can still remain unmoved by this!"

With the general direction decided, the next items on the agenda were how to inform Ning Yifan that several companies wished to jointly acquire Shenma Technology Company and offer the sky-high price of eight hundred billion.

Recently, it has become increasingly difficult for these companies to contact Ning Yifan. Before, they could still achieve some results by waiting at the entrance of Shenma Technology Company. Even if they couldn't catch up, they could at least shout out messages from their companies.

But for the past two days, he hadn't been seen anywhere near the main entrance. The most outrageous thing was that a company salesman had actually seen him climbing over the wall to leave!

After contacting him, the negotiation expert used skillful words to make him understand what he could do with eight hundred billion Daxia Coin, how he could live a life of worry-free ease, never having to fret about money, and buy whatever he desired.

At the same time, they expressed that running a company alone had limitations. How to open up offline channels, how to open up international channels, how to resolve company lawsuits, and how to handle product after-sales service – they explained each of these potential issues that could arise when starting a company, making them sound as difficult as possible!

The joint meeting of several companies continued late into the night...

(Rolling around and acting cute for support, please bookmark if you pass by. A recommendation ticket would be great too. Every bookmark and every recommendation ticket is the author's motivation to keep writing. Data is very important during the new book period. Recommendations and performance are directly related to whether I can eat steamed buns or just drink the wind. Please, I'm begging you.)

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