Metropolis: I Can Inherit Wealth

Chapter 38 :money is not a problem!

“Under the R&D department, there are four R&D institutes in Shenzhen, Beijing, Overseas, and OS. It has 1557 national patents. The self-developed amigo operating system has been updated to version 3.5.”

Immediately afterwards, Xu Li, general manager of Longteng’s R&D department, said: “At present, the four major research institutes are difficult to maintain because of the breakage of Jinli’s capital chain. The 1,500 engineers under its control are all in arrears with three months of wages, and the people are panicked.”

Hearing this, Lin Feng frowned, and immediately said in a deep voice: “Xinya, arrange for the engineer to complete the repayment of the engineer’s salary first. As for the research institute, we will put down the current research for the time being and discuss what is needed later. , Which ones are unnecessary.”

For a long time, Jinli’s research and development capabilities are not inferior to Warwick, and it has also achieved some outstanding results, such as ultra-long standby, voice king-voice control to make and receive calls, and so on.

Relying on these very grounded and practical functions, Jinli successfully conquered consumers.

However, the times are developing and the times are advancing. When everyone focuses on intelligence, Jinli is still immersed in the past.

In product development, it has never been the leader.

Whether it is taking a picture or a full screen, it is one step slower, even two steps.

Warwick has the MATE series and the Redmi series for rice, but Jinli does not have the series because it relies on the machine-sea tactics and continuously produces new mobile phones, but the soup is not changed, so it cannot produce explosive models.

“Yes!”

Mo Xinya quickly arranged the financial team to deal with related matters.

“Yan Xue, how was Jinli’s financial situation before?”

At this time, Lin Feng set his sights on the only woman in the conference room.

Yan Xue immediately got up and replied: “Chairman, everyone, as of August 25, 2018, Jinli’s total assets are converted into RMB 20.12 billion, but the liabilities are as high as 28.17 billion.”

“In addition to its subsidiaries, there is also a 2.1429% stake in WeBank, purchased for 90 million, which has been mortgaged to Beijing Tailong Xingye Real Estate Company, worth about 480 million.”

“The 9.3% shares of Nanyue Bank have been pledged to Jiangsu International Trust Co., Ltd., worth about 690 million yuan.”

As soon as the voice fell, the conference room fell into a dead silence.

The net debt is 8.05 billion yuan. How did this happen?

After pondering for a while, Lin Feng’s eyes were torch, and he said: “Min Zhonghang, I only give you 10 billion. Except for the necessary assets, everything else can be sold. Can you reverse the financial distress of Longteng Group?”

“Chairman, if it can’t be done, you will withdraw from my position!”

Min Zhongxing, the elegant-looking CFO, immediately stated his position without hesitation.

“good!”

Lin Feng nodded, then looked at Zeng Xianglu, General Manager of Overseas Department.

Zeng Xianglu immediately reported: “Overseas Department has already spread its sales network to more than 40 countries and regions, and has entered the operator system of 8 countries, ranking the top five in the Azerbaijani markets.”

“Now we are expanding the Siam market.”

After such a dialogue, Lin Feng and even the new Longteng Group CEO Jiang Feng, CFO Min Zhonghang, and a group of operations staff have a clear impression of the current status of Longteng or Jinli as a whole.

In general, Longteng’s biggest problem is the shortfall of money to plug the hole.

Now that the money has been taken out of Fengteng Investment’s pocket, the whole situation will be completely changed.

However, major renovations are still needed to transform from the sluggish Jinli Group into the reborn Longteng Group.

……..

“Snapped!”

After a long time, Lin Feng took out a special document from his briefcase and placed it on the large table in the conference room.

“have a look!”

The faces of everyone present were filled with confusion. What is this?

However, when they picked up this document, they were no longer confused and filled with doubts instead.

A few minutes later, Xu Li, the general manager of the R&D department, took the lead in reading the documents in his hand, staring at the head of Lin Feng with a fiery face, and hesitated to say something: “Chairman, what is this?”

Lin Feng nodded and said lightly: “Yes, this is exactly a mobile phone design drawing. I named him Nirvana X!”

“Nirvana X is brand new from the outside to the inside. It has never appeared in the world. The corresponding patent application is already in my hands.”

“Starting from today, all research departments of Longteng will make every effort to study Nirvana X, and strive for thorough and mass production. As for the original mobile phones, those that can be sold are sold, and those that cannot be sold are fully recovered.”

“Yes!”

Everyone at the scene responded loudly, and their faces were full of enthusiasm.

As an old fritters who have been immersed in the mobile phone industry for many years, how could they fail to see that Nirvana X is a brand-new mobile phone, which has surpassed any one in the world in terms of hardware facilities.

If Longteng can produce this phone, then the first shot must be a sensation all over the world.

The future is rising like a scorching sun.