40: peaceful breakup

Because Lin Chen’s reason was too powerful, anything he said would be useless; after all, personal safety trumps everything.

“This time, I plan to officially withdraw from Dawn Technology by the end of July at the latest, after resolving the Nokia 5110 motherboard issue for Brother Ke.

This will be my last help to Brother Ke, and as for the shares…”

Hearing Lin Chen’s words, Ke Hanliang hesitated slightly before saying:

“How about this, Brother, I will buy 50% of Brother Lin’s shares for 5 million at that time.”

After speaking, Ke Hanliang felt a pang in his heart, because 5 million was not a small sum, and it was the profit he would have to earn for more than half a year.

At this time, he had only cooperated with Lin Chen for less than two months, and he had just started earning money, but now he had to pay it all back with interest.

How could this not make him feel pained?

Meanwhile, on the other side.

Lin Chen was also carefully calculating how much he could earn by the end of July, and how much the other party could continue to earn after taking over Dawn Mobile Phone Factory.

First of all, Dawn Mobile Phone Factory currently has over 250 workers, and the total number of equipment for the two testing platforms has reached nearly 40.

So, the refurbishment capacity of Dawn Mobile Phone Factory, to exaggerate a bit, claiming a monthly output of 20,000 units would still seem modest.

Of course, currently, due to the imperfect construction of the Nokia 5110 mobile phone procurement channels.

Currently, constrained by the purchase volume, the production capacity is only about 3,700 units per month, and has not yet reached the monthly production capacity of 20,000 units.

Of course, even with the current monthly production capacity of 3,700 units, they can still earn a net profit of 1.36 million every month!

But the problem is that the production capacity is increasing slightly every day.

If they can secure a large customer and obtain a stable procurement channel, the production capacity might instantly surge by several thousand units, and the profits earned would only be greater.

Therefore, there is no guarantee how much money can be earned, but at the very least, 1.36 million can be earned from Dawn Mobile Phone Factory every month!

Next, if the other party obtains the Nokia 5110 mobile phone motherboard schematics and can produce motherboards themselves, the increase in production capacity will be even more terrifying.

Even reaching a full production of 20,000 units or even tens of thousands of units is not impossible, after all, in Peng City, as long as your mobile phones can be sold, you only need to offer higher salaries to recruit qualified workers.

Therefore, the other party only offering 5 million seems stingy; this mere 5 million is almost like giving alms to a beggar.

“20 million for your 50% shares.”

Lin Chen calmly stated his decision.

What is his is his, and what is not his, he will not take more, but no one can take advantage of him for free.

Ke Hanliang did help him a lot, turning his path to growth from a difficult mode to an easy mode, but to send him away with a mere 5 million was indeed a bit too unsightly.

Moreover, Lin Chen asking for 20 million is not too much, because if the refurbished phone and counterfeit phone business can continue for more than half a year or a year.

Then, just relying on these refurbished phones and counterfeit phones, it is possible to earn seventy to eighty million or even over a hundred million yuan annually!

And at this time, Lin Chen only wants about two or three months of the other party's profit, which is actually not much, nor is it greedy.

“This…”

Ke Hanliang also hesitated a bit when he heard Lin Chen’s “lion’s roar.”

It wasn't that he didn't have 20 million; with the scale of Xinke Electronics plus the profits from refurbished phones, he could certainly afford it, and the pressure wouldn't be too great.

But is 20 million a bit too much? Is 50% of Dawn Mobile Phone Factory really worth 20 million?

“Boss Ke, with the reputation we’ve built for Dawn Mobile Phone, just from refurbished phones and counterfeit phones, earning seventy to eighty million or even over a hundred million annually is not a problem.

If you can scale Dawn Mobile Phone to a level of thirty to forty thousand units, then earning ten to twenty million per month, and one to two hundred million a year, should be very easy.”

Of course, that’s easy to say, but scaling up to thirty to forty thousand units of mobile phones is no small matter.

Moreover, if it really reaches a scale of thirty to forty thousand units, it will attract immense attention, and the danger level will rise sharply; this is essentially like walking a tightrope.

However, that wasn't something Lin Chen needed to consider.

When he left, Lin Chen would naturally eliminate all handles that could be used against him, so at this moment, Lin Chen looked at the other party with a calm expression.

On the other side, Ke Hanliang remained silent after hearing Lin Chen’s words, his eyes only flickering with a certain gloomy and uncertain light, clearly calculating some gains and losses.

After a long while, Ke Hanliang finally made up his mind, and he said through gritted teeth:

“20 million is acceptable, but you can take no more than 20 people when you leave, and Dawn Mobile Phone will have nothing to do with you from now on; you cannot produce Dawn Mobile Phone anymore.

In addition, the mobile phone drop-proof design patent must be freely authorized for use by Dawn Mobile Phone Factory.”

In response, Lin Chen pondered for a moment, then agreed:

“In that case, then it’s a pleasant cooperation.”

And so, Lin Chen and Ke Hanliang reached an agreement once more.

At this time, in less than two months, Lin Chen’s net income was over 20 million!

Of course, all of this would only be credited after more than ten days, but at this moment, Lin Chen could already prepare for the site selection, equipment procurement, and recruitment of new workers for his own mobile phone factory.

Lin Chen had already completed the registration of the mobile phone company; this company was Hong Kong Shuguang Technology Company, and the parent company of Shuguang Technology Company was Hong Kong Shuguang Holding, which adopted a pyramid control structure.

Thus, with Lin Chen and Ke Hanliang reaching an oral agreement, Lin Chen’s withdrawal from Dawn Technology in just over ten days, by the end of July, had become a reality.

During this period, Ke Hanliang also took the opportunity to directly assign his own people to manage mobile phone production, while Chen Dong, the former deputy factory director of Dawn Mobile Phone Factory, who was actually responsible for mobile phone factory production and management, was naturally relieved of his duties and became an unlisted employee.

Chen Dong, Lin Chen’s apprentice, actually had no regrets about this, because he knew that Lin Chen’s mobile phone factory was already in the process of site selection and construction.

Moreover, while managing Dawn Mobile Phone Factory, he had not gotten along very well with the people Ke Hanliang sent over, especially having multiple conflicts with Wu Feng, the financial director.

Because Wu Feng, the financial director, controlled the income and expenditure of Dawn Mobile Phone Factory, and he was extremely stingy and meticulous in his actions.

His extreme stinginess and meticulousness meant he was always trying to find ways to save on the factory’s operating expenses.

Among other things, Chen Dong supported reasonable cost reduction.

But the problem was that the biggest area he tried to save on was actually trying to lower workers' wages and benefits, or severely exaggerating minor mistakes made by workers to deduct their wages.

When Lin Chen was not in the factory, busy with his Shuguang Electronics Direct Store, this financial director, Wu Feng, even wanted to deduct half a day’s wages for being 10 seconds late, and a full day’s wages for being 5 minutes late!

As for other aspects like reducing food quality and portion sizes, it goes without saying; in the end, he even wanted workers to pay for their own utilities and meal expenses.