Reborn since 1993

Chapter 477 Incorporation
Feng Jun, who had rushed over from the provincial capital, didn't have to wait long before he met Li Dongling and Ren Yuefeng. The fact that it went so smoothly was largely due to the provincial capital.

"Mr. Li!"

"Manager Ren!"

"Huaqi was very offensive before. On behalf of Huaqi and Patriot, I apologize to Shenzhou Storage and Dongling Hi-Tech. Huaqi is willing to compensate Shenzhou Storage for its losses!"

Feng Jun knew very well that one should stand at attention when being beaten. He did not take it for granted that the matter would be blown away because of what happened in the provincial capital of Hanxi. Instead, he showed a strong attitude towards it.

Li Dongling and Ren Yuefeng naturally could not find any fault with Feng Jun's attitude.

"Mr. Feng, it's not that Shenzhou Storage is being aggressive, but the USB flash drive industry, if it loses order, then the entire domestic USB flash drive brand will probably be ruined. By then, I'm afraid that domestic USB flash drive brands will have to pay a heavy price, and the market will be taken advantage of by overseas companies for nothing!"

Ren Yuefeng said that they couldn't directly say that Shenzhou Storage was going to take action against Lianxiang and several other companies that infringed on the USB flash drive patents to make an example of them. Instead, they had to maintain the order of the USB flash drive industry. Regardless of whether Feng Jun believed it or not, the reason he gave was righteous.

"I see!"

Regardless of whether Feng Jun really understood or was just pretending to be so, the first contact between the two sides was quite harmonious, without any signs of tension.

"But Mr. Li, we are all from the same hometown of Hanxi. Huaqi is in a really difficult situation right now. The newly purchased production equipment, the recruitment of production line personnel, and the advertising have all cost a lot of money. Now Huaqi still owes a considerable amount of debt to the bank!"

After the greetings, Feng Jun began to complain to Li Dongling. He came here this time to find a way out for the Huaqi and Patriot brands.

After hearing this, Li Dongling glanced at Feng Jun. This was the time to test his acting skills. Feng Jun was complaining bitterly, and it seemed that Huaqi could no longer make ends meet.

Li Dongling was naturally helpless. "Dongling Hi-Tech understands Huaqi's difficulties. Shenzhou Storage also wants to help Huaqi, but rules are rules. The rules of the global USB flash drive industry have been established. Even Shenzhou Storage cannot change them at will, otherwise it will put its allies in a bad position..."

After hearing this, even though Feng Jun knew in his heart that this was to put pressure on him, his expression still looked a little ugly. Li Dongling might have just said it casually, but for Huaqi it was like a mountain pressing down on them.

With a helpless smile, Feng Jun understood that Huaqi was the meat on the chopping board at the moment. He was the fish and he had no choice at all. "Mr. Li, Manager Ren, let's be frank. Huaqi is really at a critical juncture right now. As long as Shenzhou Storage can help Huaqi, Huaqi is willing to accept any conditions!"

"What are you talking about, Mr. Feng!"

Hearing Feng Jun's words, Ren Yuefeng's face suddenly showed anger, "Do you think Shenzhou Storage and Dongling Hi-Tech are taking advantage of the situation?!"

"I definitely didn't write that!" Feng Jun waved his hand and said, "Manager Ren misunderstood. I just hope that Dongling Hi-Tech can help our brother company!"

Seeing that Ren Yuefeng had finished playing the good guy, Li Dongling coughed and said, "Boss Feng, the Hanxi Provincial Government Office, the provincial capital's industrial and commercial departments, and other departments have also relayed Huaqi's difficulties to Dongling Hi-Tech, and Dongling Hi-Tech also wants to help Huaqi!
But rules are rules. If Dongling Hi-Tech takes the lead in breaking the rules it has set, who will abide by the rules in the future? ! "

Hearing this, Feng Jun's face turned pale. What is the current rule in the USB flash drive industry? It is the Global USB Flash Drive Alliance established by Shenzhou Storage, IBM, Toshiba, Philips, and BNY. Officially, only these five companies are qualified to produce and sell USB flash drives.

Feng Jun listened to what Li Dongling said and seemed unwilling to authorize another USB flash drive patent to Huaqi. Without the patent authorization, Huaqi's Patriot USB flash drive could not be produced and sold openly.

Just when all kinds of thoughts were running through Feng Jun's mind, and he even felt that there was no hope this time and all the efforts were in vain, he heard Li Dongling say.

"However, there is a compromise that does not violate the rules of the USB Disk Alliance. I just don't know what Mr. Feng is willing to do!"

Feng Jun's heart, which had been somewhat disheartened, became active again after hearing this. "Please speak, Mr. Li!" "According to the agreement reached with other members of the USB Disk Alliance, unless there is a major change and a new member can be voted on to join, even Shenzhou Storage cannot arbitrarily introduce new members to join the USB Disk Alliance!"

Li Dongling looked at Feng Jun and said, "However, if Huaqi is willing to join the Shenzhou Storage camp, then it does not need to go through the USB flash drive alliance and can use the USB flash drive patent owned by Shenzhou Storage.

And it’s not just patents, Huaqi can also use the Dongling Hi-Tech component supply chain used by Shenzhou Storage, as well as sales channels, publicity channels, etc.!"

Feng Jun's face changed several times. Before he came, he had thought of various variables, and also thought that he might have to apologize, but he didn't expect that Dongling Hi-Tech's knife could cut so hard that they actually wanted to swallow Huaqi into Shenzhou Storage's belly.

After stating the conditions, Li Dongling was not in a hurry, but just waited for Feng Jun's decision.

It is true that Huaqi has some fame, but for Shenzhou Storage, what it needs is not its fame, but to use it to fill the mass-level USB flash drive market and prevent counterfeit and pirated USB flash drives from flooding the market again.

To be honest, the fact that Li Dongling and Ren Yuefeng said these things today shows that they think highly of Feng Jun.

Feng Jun, who fought his way up from the bottom, is definitely capable. In his previous life, the Patriot brand was once very popular in the domestic electronics industry when USB flash drives and MP3s were popular, and it firmly sat on the top spot. If Feng Jun had not been obsessed with cameras and insisted on challenging Sony cameras, and missed out on the tablet computer, smartphone and other businesses, Huaqi would not have been so depressed.

As long as Feng Jun can serve as the vanguard of Shenzhou Storage, Patriot will be able to block those counterfeit USB flash drives and counterfeit SD memory cards and maintain the order established by Shenzhou Storage!
Of course, Li Dongling valued Feng Jun's ability, and because of the Hanxi Provincial Government, he was willing to lend a hand.

But it does not mean that Shenzhou Storage can only choose Huaqi. As for the remaining manufacturers in the USB flash drive industry, as long as Shenzhou Storage extends an olive branch, there are many companies willing to serve as Shenzhou Storage's minions.

What's wrong with being a minion of Shenzhou Storage? Look at those companies backed by Dongling Hi-Tech. How many of them are like wild chickens that have suddenly become phoenixes? How many companies want to be minion of Dongling Hi-Tech, but they haven't had the chance yet!

Various thoughts flashed through Feng Jun's mind. Becoming a disciple of Shenzhou Storage was equivalent to having Dongling Hi-Tech as his backer. The advantages and disadvantages were very obvious.

After thinking for half a cup of tea, Feng Jun finally made up his mind and said to Li Dongling, "Mr. Li, Huaqi is willing to join Shenzhou Storage!"

"Old Feng, you made a decision you will never regret!"

Li Dongling stood up, took a bottle of wine, and poured a glass for Feng Jun, "Don't worry, Old Feng, after Huaqi joins Shenzhou Storage, it will only send a team of financial auditors, and only require Huaqi to cooperate with Shenzhou Storage's strategy, and will not interfere with Huaqi's operation and management.

The rest, including administration, personnel, finance, etc., will still be managed by you, Mr. Feng!"

Feng Jun felt slightly relieved when he heard this. What he feared most was that Shenzhou Storage would parachute a senior executive into Huaqi to give orders to him and Huaqi. By then, the entire Huaqi might fall into internal strife.

Li Dongling called the staff from the legal department and began to draft the contract. According to the agreement reached between Li Dongling, Ren Yuefeng and Feng Jun, Shenzhou Memory acquired 2700% of Huaqi's equity for 51 million in cash.

The acquisition amount seems not high, but after the transaction is completed, Huaqi becomes a subsidiary of Shenzhou Memory, and Patriot is also affiliated with Shenzhou Memory, and can use the patents of Shenzhou USB flash drives. Dongling Hi-Tech's component industry chain, sales channels, and Focus Media's publicity and promotion channels are also open to Huaqi.

Whether it is profitable or not is something Feng Jun needs to figure out himself. But if Huaqi builds these patents, parts industry chain, sales channels, and publicity channels by itself, it is estimated that even if the scale of the acquisition money is tripled or quadrupled, it may not be able to be built!

Now, Feng Jun only needs Huaqi to set up the production line of Patriot USB flash drives in the provincial capital of Hanxi, and then work at full capacity to increase production capacity, and then he can start selling products directly.

Li Dongling raised his glass and clinked it with Feng Jun. "From now on, the sea is wide and the fish can jump freely, and the sky is high and the birds can fly freely. No one will interfere with Huaqi's USB flash drive business anymore. Not only in the domestic market, but also in the overseas market, Huaqi and Aigo can go there freely!"

(End of this chapter)