Yang Feng looked at him expressionlessly and spoke calmly. This was already a great deal of leniency for him. If it were before, he would have made an outrageous demand.
Upon hearing this, Li Xing's eyes widened slightly, his eyebrows twitched upwards, and he said:
"How could that be! I only own 55% of the shares; the rest are held by other shareholders. Besides, even if I gave you 60% of the shares, it might not be enough to turn the tide of bankruptcy."
Although he is the president of this mobile phone company, he still holds power over the other shareholders.
However, he seems to have overlooked one issue: it seems that those shareholders also understood that ZTE Mobile Group was about to face a bankruptcy crisis and began to sell their shares, some even to domestic companies.
"I have some understanding of the current mobile phone market. Overseas, Apple and Samsung are at the forefront of sales. As for Xiaomi and Honor, they are not far behind them. If we can create a unique chip and innovative functions, we can solve the crisis of bankruptcy. The reason why the Apple 4 was so popular in China was due to its innovation, ultra-thin body and high-end system."
Yang Feng remained calm, having anticipated that the ZTE CEO would speak in this manner. He then analyzed the information available in the mobile phone market, promptly took out a phone from his pocket—his own creation, the Fruit R9—and placed it directly in front of him.
"Take a look at this phone. I modified it myself. It was originally just an iPhone 6, but I modified a lot of the chips inside, and I replaced the battery with a high-capacity battery from a domestic brand, and the screen is a Samsung."
Yang Feng crossed his arms, leaned back in his chair, and said calmly with a smile on his handsome face.
He possesses a professional repairman's skill, a skill that exists throughout the universe, seemingly originating from an advanced planet.
Besides, at that time, Yang Feng only made some minor modifications, and his goal was simply to fix the phone.
With a face full of doubt, Li Xing picked up the Apple R9. It looked similar to other Apple models, but when he saw the back, he found that it was made of sapphire glass with a rose gold color, and the body was just the right thickness.
He remembered that Apple had never released a phone like this, and even the Apple 8 didn't seem to have a rose gold color option, and the body was slightly thicker and heavier than this one.
When he looked closely at the back of the phone, he discovered that he could see the silhouette of a girl inside.
But he didn't pay much attention to any of that. When he opened his phone, it still had the closed Apple system.
He suddenly realized that its smoothness was comparable to that of a modern iPhone XR, even though this was an iPhone 6, a very old device.
"This was just a flash of inspiration that I modified. If you give me some time, I can create a powerful and nearly perfect phone. You can see that my phone is fireproof, waterproof, and high voltage resistant. It can be used freely in water no more than 50 meters deep!"
Yang Feng made no attempt to hide anything, his eyes gleaming with arrogance as he spoke.
"That's impressive, but we estimate that ZTE Group will go bankrupt in less than half a month. If it were an ambitious company, they might try to acquire our shares. Even if you take over ZTE's mobile phone business now, the phones won't even be manufactured before they're forcibly acquired."
Li Xing put down the Fruit R9 and slowly said that he was indeed a little shocked. It was the first time he had seen someone modify an old fruit machine so well.
If fruit companies discover this, they might directly purchase the patented technology and acquire its powerful waterproof, fireproof, and electrical-resistant functions.
"Hehe, don't worry, ZTE mobile phone company will not go bankrupt. I heard from my subordinates that your ZTE Group will be holding a shareholders' meeting later, it seems to be to discuss shares and company issues, right?"
Yang Feng smiled faintly. In fact, this was his goal. Even if he refused to hand over his shares, he could acquire the shares held by those people, and then forcibly acquire some of the shares held by Li Xing, thus gaining control of the entire Li Xing Group.
Those shareholders must be self-aware enough to know that ZTE Group cannot sustain itself any longer; this is common knowledge within the company and among most businesses.
"you……"
Li Xing immediately understood. This young man was very ambitious and definitely intended to acquire their company ahead of schedule. He had even investigated their internal information.
But there's no other way now. If he doesn't want ZTE to become someone else's mobile phone company, he can only compromise with the young man in front of him. Maybe he really does have the ability to turn things around.
"Let's go, Mr. Li."
Yang Feng, with a smile on his face, stood up and walked outside...
The room where the shareholders were discussing the matter was very simple, with air conditioning providing a comfortable temperature. Several shareholders, mostly in their thirties or forties, sat around a large rectangular table.
"This shareholders' meeting may be the last time we meet. ZTE's mobile phone business has completely collapsed. Its sales are at the bottom, even worse than those no-name brands."
"There's nothing we can do. Our technology can't compare to theirs, and we don't have enough funds to develop chips. There's nothing we can do about it. Plus, other companies have the wolfish ambition to gradually swallow up our company."
"Today, we can only consider selling our shares. At least we can still make a lot of money now. Otherwise, if we really go bankrupt, we will have nothing left."
The shareholders sitting in the meeting room were all sighing and discussing amongst themselves.
"Bang!"
Just then, Li Xing pushed open the glass door and walked in with heavy steps, followed closely by a young man.
The discussion in the conference room immediately ceased, and everyone's eyes were focused on Li Xing, eager to see what he would say.
Li Xing slowly walked to the front seat, glanced at all the shareholders sitting there, and sighed softly:
"Everyone, ZTE Mobile is facing bankruptcy. You all have the power to decide now. Those who want to stay and perish with the company, stay; those who want to leave, then leave..."
His words were already very clear.
(End of this chapter)
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Chapter 458 You are not qualified
Upon hearing Li Xing's words, all the shareholders present lowered their heads and remained silent. Indeed, 12 years ago, their mobile phone company was considered outstanding, but now they have no innovation and cannot even achieve system smoothness.
With the changing times and the advancement of technology, various software requires powerful mobile phone performance to run, but these phones can only run everyday software. They have gradually moved from the mid-range mobile phone market to the low-end mobile phone market, and at the beginning they were barely able to survive.
However, this good fortune didn't last long. In order to monopolize the mid-to-low-end mobile phone market, the rice company invented and created a mobile phone with comprehensive configuration and high appearance.
So, this time, ZTE Corporation really can't hold on any longer.
Without innovation, there is no progress; one will only stagnate and be left far behind, never to be caught up.
Honor Chinese Language is also an outstanding Chinese-made phone. They are an example of corporate innovation. Without open innovation, they could not have become so famous, or even gone global.
"I'm sorry, Chairman, we are not philanthropists. Everyone has their own family, their own wife and children, and we have to support our families. If ZTE Corporation goes bankrupt, we will also lose our jobs. But if we sell our shares now, we will still have some funds, and we can start over in the future."