I Don't Want To Be A Young Master

C366 Acquisition of Acoustic Electronics Company



C366 Acquisition of Acoustic Electronics Company

Ever since Pod introduced its mobile phone in the United States, the age of information came to an end. The Pod 4 phone made by Pod also began to develop the Chinese market.    

    

Far Wind Tesco had received a portion of the rights to sell on behalf. Whether or not it was an exclusive right to represent someone else, just the right to sell it, had caused it to be crowded to the point of being unable to escape.    

    

Ye Feng knew that this phone was popular, but he didn't expect the response to be so passionate. He had no choice but to give an emergency order to open a special sales area for Peide's phone online and offline.    

    

In just two years, Pod mobile phones had been upgraded from generation to generation, because the domestic market was short of demand and because of the high price of Pid mobile phones, Ye Feng had had the idea of making one a long time ago.    

    

Since Pid's phone had its own references, why not take advantage of it? As long as the country produced a phone suitable for the countrymen and the price was right, it would definitely sell even more fervently than Pod's mobile phone.    

    

After some discussion with Gu Qing Man, Gu Qing Man also felt that this idea was very feasible.    

    

"Brother Feng, I agree with your suggestion. I heard that there is a large phone company in China that is about to go bankrupt due to its debt. Why don't we take this opportunity to buy this company and open its business?"    

    

Hearing this, Ye Feng was very excited, "Where is this company?"    

    

"It's in Fuling. The phones made by this company are mainly for music. The phones they produce are like music broadcasters. The sound quality doesn't have to be inferior to Pod's."    

    

"It's just that the company's finances aren't working very well and is facing bankruptcy. The boss of this company is related to our Gu Group. If you're interested, I can recommend it to you."    

    

Ye Feng thought about it and realized that the Buddha Ridge was not far from Guangcheng. It was only a few hours drive away, so he could not wait any longer.    

    

"Qingman, may I trouble you to make an appointment with the boss of that company. We will be going there as soon as possible. Since we have an idea on how to make the mobile phone, we have to do it."    

    

Gu Qing Man contacted the CEO of the Yangsheng Electronics Co., Ltd., and arranged to meet with him at Fuling three days later.    

    

Recently, Ascending had been extremely exhausted due to his company going bankrupt. Gu Qingman's call was like a timely rain to him. He did not think much into it and agreed to meet up with them.    

    

However, he had too many things on his hands, so he could only make an appointment three days later. If it wasn't for the matter at hand, he would have been more than eager for Ye Feng and the others to head to the Buddha Ridge.    

    

Taking advantage of the fact that he did not formally meet up with the other party, Ye Feng had Gu Qing Man collect all the information on this company. Ye Feng carefully studied it and discovered that this company had actually been doing business in the domestic market for more than ten years.    

    

From the original music player to the learning machine to the mobile phone, the company has been occupying a significant share of the domestic market.    

    

A large number of learning machines and mobile phones had been recalled in a complaint. Furthermore, Yang Sheng had invested all his money into the development of the property, and coincidentally had met with a bubble economy. He had lost a lot of money.    

    

If he did not pay up, he would not be able to keep his bank account even with the Liangsheng Electronics Corporation.    

    

After reading these documents, Ye Feng had become more confident in buying up Liangsheng's electronics technology, because for Liangsheng right now, Ye Feng was the only hope he had for saving his own life.    

    

Three days later, Ye Feng and his team arrived in Yangsheng Electronic Technology Co., Ltd., looking forward to the moon and the stars.    

    

"Director Ye." "Director Gu, welcome, welcome. We have finally brought you all here."    

    

"Director Yang is being too courteous …" Ye Feng shook hands with Yang Sheng and, under his leadership, visited the plant of the company.    

    

This company was very big. The entire factory area was even bigger than the two sites at Yuanfeng International Logistics Center. If such a large company were to fall, it would be a pity and a sigh.    

    

After visiting the factory, Ye Feng asked the CEO about the next step of the company's development.    

    

Ye Feng shook his head after reading the plan, "As the number one handset producer in the country, you guys still haven't sensed the advent of the technology era." No wonder, he thought, that the phones made by this company were so unsold.    

    

It seemed that the boss had put all his effort into property development and had completely ignored his main business.    

    

"Director Yang, we, Yuanfeng, are shopping. Although we are online and online, the age of technology has come and we have no choice but to focus on upgrading our technology. In the next few years, smartphones will dominate the mobile phone market."    

    

"We, Yuanfeng, have the intention to buy Yangsheng. If we succeed in the deal, you will still have 20% of the company's shares."    

    

Ye Feng's words caused Boss Yang to have a difficult expression.    

    

"Director Ye, as long as you have 20% of the shares, wouldn't that be a little short?"    

    

"We don't want to make things difficult for you. You can consider this matter for yourself. Once you all go broke and are auctioned off by the bank, you will not be left with anything left."    

    

"Think about it carefully, once the announcement goes out of business, your tens of thousands of employees will lose their jobs. As the boss, how can you bear it? We, Yuanfeng, accept that. We promise not to fire anyone and everyone can continue working here."    

    

"Moreover, the name of the company will not change. It will continue to be used as a brand name."    

    

Boss Yang was considering, although the shares were a bit small, but at least it ensured that all the employees would not lose their jobs, so he had no choice but to compromise, and he stretched out his hand towards Ye Feng with great difficulty.    

    

"Director Ye, I hope our cooperation will be good!"    

    

"Happy cooperation!"    

    

At this moment, Gu Qing Man interrupted, "Director Yang, actually, there's no need for you to feel sad. As long as you raise your voice and make it big, all the losses you've suffered today will come back to you. Just look at America's Pid Corporation."    

    

"It's also been a few times since their company went bankrupt, and in the end, didn't they sell their handsets all over the world? Electronics have to keep up with the times, so they won't be eliminated by the times, don't you think? "    

    

Yang Sheng felt like he was at a disadvantage. He had done a good job with his voice learning machine and mobile phone, so he wanted to develop in other areas. The bubble economy of the real estate market had left him with no time to manage the companies here.    

    

With Gu Qingman's reminder, he finally realized what he had done wrong.    

    

"Director Gu, you've really awoken from your dreams. Rest assured, after Yuanfeng takes over, I'll manage the company properly and develop a smart phone that can rival Pod's phone as soon as possible."    

    


Tip: You can use left, right, A and D keyboard keys to browse between chapters.