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Campus Cultivation Master-Chapter 716 - 0718: Burning Money【Part 2】
Chapter 716: Chapter 0718: Burning Money【Part 2】
The Fengjing Group acted quickly; decisions made by four people in the morning were already disseminated to all employees by noon.
This time, the salary increase applied to all types of jobs. Whether you were an engineer, a security guard, or even a janitor, everyone received a thirty percent raise.
This sudden boon excited everyone. As for those who had wavered after hearing the rumors, their doubts vanished entirely.
This was just as Zhuang Xinyan had expected; many people were already married with families and children of their own.
Thirty percent was enough to meet their psychological threshold. There was no need to risk everything for a potential pie in the sky.
Of course, to get a thirty percent raise, there were conditions; everyone had to sign a confidentiality agreement and pay a hefty penalty if they decided to jump ship.
After all, Chu Feng was not a charity, and this was a mutual choice. If you were willing to accept the raise, you should be willing to accept the terms.
Naturally, everyone was willing to accept these terms because they seemed very fair, no matter how you looked at them.
After the company’s announcement, this news was already featured on major media outlets like East River City’s TV station and Songjiang Province’s provincial TV station.
"Sister Yan looks so beautiful on TV," An Rongrong said to Chu Feng as they munched on chips while watching the press conference live.
Chu Feng took a chip from An Rongrong and replied, "Why not you next time? You’d definitely cause a lot of young men to lick their screens."
"Disgusting! You’re the worst," An Rongrong said with a playful punch, feigning annoyance.
While Chu Feng was having a good time, Qi Wen was not quite as happy.
Qi Wen had not expected Chu Feng to react so quickly.
"Is this the sincerity you show? Is this a silent protest?" Qi Wen asked, looking at Xingzi.
Xingzi swirled her glass and said, "Isn’t this part of our plan?"
Qi Wen said, "The earlier part was, but this isn’t included in our plan. I don’t remember asking you to tell Chu Feng so much, did I?"
Xingzi replied, "I said what I was supposed to say. I mentioned the loan offer to him, but he did not agree. As for the rest, he just happened to overhear it."
Qi Wen looked at Xingzi and demanded, "Does the world really have so many coincidences? Are those really employees of Fengjing Group? Do a few ordinary workers have nothing better to do than discuss these matters in a teahouse?"
Xingzi shook her head and answered, "Well, I wouldn’t know about that. Where they choose to discuss their affairs isn’t something I can control, is it?"
Qi Wen’s expression grew colder as he said, "The thing I hate the most in partnerships is betrayal. I don’t like betraying others, nor being betrayed by them."
Xingzi laughed softly and said, "Young Master Qi, You seem to be exaggerating. Everything I’ve done has been according to your instructions. How could it be a betrayal? Besides, all the events are under your surveillance. As for those workers you mentioned, if you don’t trust me, you are free to investigate Fengjing Group yourself."
Qi Wen suddenly laughed and remarked, "Miss Xingzi, I’ve always known you’re a formidable person. I just didn’t expect you to be even more impressive than I thought. You now have leverage to negotiate with me because I’m a Virgo, and I don’t like being betrayed halfway through. Now, we can talk about the issue of shares."
Xingzi raised her glass and proposed, "Young Master Qi, I’m not greedy. I only hope for an additional five percent, that way I have something to show the higher-ups. Of course, in exchange, I can offer an extra two hundred million US Dollars."
Qi Wen agreed, "Deal. However, I hope Miss Xingzi, that you can throw in a little extra, such as the exact sum of the cash reserves Chu Feng currently holds."
Xingzi replied, "Young Master Qi, how much cash do you think Chu Feng has? His rise has been rapid, but in terms of cash, two hundred million is probably about it. Besides, Young Master Qi, you’ve blocked all his borrowing channels. How long do you think he can last? Right now, it’s all just for show, a psychological tactic."
Qi Wen scrutinized Xingzi and insisted, "I don’t want to hear analysis; I want an exact figure. I don’t like fighting uncertain battles. I can accept defeat, but not losing to the same person twice."
Raising her glass, Xingzi said, "Young Master Qi, I’ll investigate. Here’s to a pleasant collaboration."
After Xingzi finished speaking, she drained her glass in one gulp.
Once Xingzi had left, Qi Wen instructed his secretary, "Draft a share transfer agreement. Since they’re so greedy, let’s see them choke on it. Draw all the shares from the other families."
The secretary carried out Qi Wen’s command without asking for reasons.
The Qi Family’s resources were indeed vast; in less than a month, a brand new energy plant was built from the ground up.
The Qi Family Energy factory began its official production in the shortest amount of time.
Both parties produced the same type of product, but there were significant differences.
In both quality and lifespan, products from the Fengjing Group surpassed those of Qi Family Energy.
However, the Qi Family’s channels were far too superior to those of the Fengjing Group. So despite having an edge, sales on both sides could at best be described as neck and neck.
"If we can’t find the model, turning the tables will still be quite difficult," Chu Feng said with a frown, looking at the entangled sales curves on the screen.
Zhuang Xinyan said, "Our Zhuang Family’s channels just can’t compete with the Qi Family’s. Without a clear and significant advantage, distribution channels indeed play a major role."
Chu Feng replied, "You’ve already done very well. I doubt there’s a second family in Huaxia that could tangle with the Qi Family for so long."
Zhuang Xinyan said, "I don’t need you to tell me I’ve done well. But what I’m really worried about now is trouble at home."
Chu Feng knew what Zhuang Xinyan meant and said, "I’ve already arranged to meet with Wu Di tonight."
Zhuang Xinyan stated, "This decision might not be Wu Di’s, but it’s definitely related to the Wu Family."
Chu Feng declared, "No matter who’s involved, betraying an ally is a very disappointing matter."
After a pause, Zhuang Xinyan mentioned, "By the way, our channel costs have doubled this month. You’re probably going to be down another hundred million in cash."
Hearing this, Chu Feng, who was already wary of such news, lamented, "When will this cash burn end? Do Qi Wen and his people think they’re fools?"
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