Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 9 Cleaning up domestic channels

"Understood. The delegation will return to China this afternoon. I'll handle everything when I get back," Shen Fei said calmly.

Is this the counterattack they've been planning for days? The methods are really... incredibly weak!

This was nothing compared to the online reports and internal considerations he had seen in his previous life.

After hanging up the phone, Li Qing asked worriedly, "What about President Shen back home?"

"A counterattack as expected." Shen Fei sneered.

"Zhang Mingyuan and his group have neither the qualifications nor the strength to refute my projects in Africa. So they can only try to attack from within China, hoping to use their inventory to fight back and cut off my escape route, but unfortunately..."

"Brother Wang, you guys stay in Lax and work with Adebayo to advance the store plan. Ask General Manager Li if you have any questions."

Engineer Chen, you're coming back to China with me. You'll need to personally oversee the algorithm optimization and the development of this phone.

Let's go back and swat those little bugs.

"yes!"

…………

Twelve hours later, at the headquarters of Transsion in Yangcheng.

The conference room was filled with smoke. Zhang Mingyuan, Li Xiuyun, and others were present. Several channel representatives were also there, all with unfriendly expressions.

"Mr. Shen, it's not that we're being unreasonable." Mr. Wang, the representative of Jisuda, the largest mobile phone chain store in South China, flicked his cigarette ash.

"The market is sluggish right now, and Transsion's brand power is continuing to decline. We need to maintain our store locations, train sales staff, and run promotional activities; the costs are there."

A 42% rebate is really not a high demand; any lower and we'd definitely lose money.

The other two representatives didn't speak, but they both nodded subconsciously.

"Mr. Wang is right," Li Xiuyun chimed in. "Xiao Shen, you need to understand the difficulties faced by distributors. Bird is currently offering rebates of over 35%, plus various subsidies."

If we stick to the old rules, who will be willing to sell your goods?

"Cough cough!"

"Mr. Li, whose side are you on?" Chen Hai glared at her. After his trip to Africa, he was completely convinced that following Mr. Shen would definitely lead to a bright future.

"I...I'm doing this for the company's good. Otherwise, if all that stuff is piling up in the warehouse, we might as well just die."

"Engineer Chen, don't be unreasonable. I'm doing this for everyone's benefit."

Shen Fei sat in the main seat, flipping through the official letter sent by the distributor, without saying a word.

After a brief calculation, Li Qing leaned close to his ear and said, "President Shen, if we really calculate it at 42%, our gross profit for each T100 sold will be less than 2 yuan."

This doesn't even include shipping and after-sales service... it's practically like being ripped off.

"I know."

After a pause, Shen Fei finally raised his head, his gaze sweeping over everyone, his eyes still showing no anger whatsoever.

But Zhang Mingyuan could still sense a chill. However, since they had already crossed the line, they had to go all the way; there was no turning back.

"We cannot fulfill your requests via telepathy. Please find someone more capable."

"What?" Mr. Wang frowned and flicked the ash off his cigarette again.

"Mr. Shen, I'll call you Mr. Shen one more time. You need to think this through. Our three distributors account for 80% of Transsion's shipments. If all three of us take our products off the shelves at the same time, the consequences will be..."

He flicked the cigarette ash at Shen Fei with disdain...

"Then let's take it off the shelves."

Shen Fei closed the folder and tossed it lightly onto the table. The file slid slowly, eventually coming to rest in front of President Wang.

"I hereby announce that Transsion will fully launch its old device trade-in program starting today."

You can trade in any brand of old mobile phone for a new Transsion T100 series phone at a discount of up to 300 yuan. All Transsion phones come with a one-year free warranty, covering damage caused by human error.

The meeting room erupted in uproar.

"Shen Fei, are you crazy?" Zhang Mingyuan slammed his hand on the table.

"Discounting old machines? Do you know how much that costs? We don't have much profit to begin with."

There's also a one-year warranty against human-caused damage. Do you know how high the after-sales costs are? Doing business isn't child's play.

Old Shen, Old Shen! How could you... sigh..."

After saying that, he sat down helplessly, putting on an act as if he was wholeheartedly devoted to the company, but the successor was too incompetent and killed the elders right away.

He's utterly hopeless...

However, Li Qing applauded, saying it was a perfect marketing plan.

Feature phones are inherently very durable, and even if they are damaged by human error, the damage is minimal. Trade-ins are also mutually beneficial, with a maximum of 300 yuan, so the minimum... well, it just needs to be worth less than a kitchen knife.

"Mr. Zhang, we're all seasoned foxes, there's no need to put on a show like this."

Shen Fei also stood up, taking advantage of his height to look down at Zhang Mingyuan. "The domestic mobile phone market will shift from a channel-centric to a user-centric model."

Instead of sharing profits with these heartless scoundrels, it's better to directly benefit consumers.

He turned and glanced at the distributor representatives: "Everyone can remove Transsion products from the shelves now. We will open corresponding specialty stores next."

"You've lost more than just the revenue share from Transsion; you've also lost the customers who came into your store because of the exchange program. These were originally yours, and you've handed them over to me."

Shen Fei kept stabbing their team in the back, and the once solid alliance instantly developed a crack.

Mr. Wang's expression changed.

Mr. Li, who had been silent, suddenly spoke up: "What should we do with those old cell phones? Can Transsion cover the corresponding costs?"

"I have our own processing channels... As for the cost, of course it's ours, and we can even subsidize an additional 20% of the promotion expenses."

"What's wrong, Mr. Li? Have you changed your mind?"

Mr. Li took a deep breath, stubbed out his cigarette, and said resolutely, "I agree, and I'll still give you a 5% rebate."

I just hope that President Shen will keep his word.

"Old Li...you..."

"The world ultimately belongs to the young, Lao Wang. You were too greedy this time," said General Manager Li, patting General Manager Wang on the shoulder. "General Manager Shen, can the contract be signed today?"

"Yes! But the trade-in standards should be based on ours, otherwise you'll have to bear the extra costs yourself."

Half an hour later, the two companies that were willing to sign left the meeting room satisfied, taking with them the optimized trade-in plan.

As for General Manager Wang, he angrily slammed the door and left.

Only the internal staff remained in the conference room. Zhang Mingyuan said with a livid face, "Shen Fei, if you continue to act this way, you will drag the company down."

"Uncle Zhang," Shen Fei said, looking at him, "you've worked hard following my dad. I heard your son bought another sports car, worth over 700 million."

But according to bank records, your income over the past three years has been less than 500 million. Where did the rest of the money come from?

Li Xiuyun's expression changed. Last time it was her, today it's...

"Young Master Shen, were you secretly investigating me?"

"It's not a clandestine investigation, it's the necessary collection of evidence." Shen Fei took out several documents from his briefcase.

"Vice President Zhang, last March you approved a marketing fee of 2 million yuan from the company's account, and the recipient was Yangcheng Mingyuan Consulting Company."

Your wife is the legal representative of this company.

"And Mr. Li, you..."