70: Chapter 70 Gradually Getting Back on the Right Path

After returning,

Xue Haixin immediately contacted a professional lawyer,

inquiring about various details regarding the so-called Crime of Infringing on Trade Secrets.

It would have been better if he hadn't asked;

only after asking did he realize that Bai Jingqing had been bluffing him.

"Damn it!

I called him 'Grandpa' for nothing!"

That was a minor matter,

but more importantly,

Bai Jingqing had truly developed now,

possessing such a large factory.

If he wanted to take Bai Jingqing down again,

it really wouldn't be easy.

As of now, he was at his wit's end,

and could only hold out against the pressure,

continuing with the release event

and proceeding according to the previously set plan.

At the release event,

the price of the ideal a8 Pro was still the scheduled 9,999,

which, unsurprisingly, was met with a wave of criticism.

However, when supplying to distributors later, the price was only 3,099.

This price, combined with the gimmick of being Ideal's top-tier gaming flagship,

was already very attractive.

Of course, Xue Haixin also knew very well

that the more they sold at this price,

the more Ideal's high-end brand image would be eroded.

It's worth mentioning that

other distributors also wanted to stock Boss Bai's xiaomi phones,

but on one hand,

Bai Jingqing's online store was already open;

why would consumers not just buy from Boss Bai?

After all, his shop offered unlimited supply,

and the shipping speed was very fast;

why would they buy from you?

On the other hand, setting the price was also a problem.

If you sold the phone for more than Boss Bai did,

no one would buy it.

If you sold it at the same price as Boss Bai,

then what was the point of stocking the phone?

You wouldn't make any money anyway.

Of course, these distributors usually took large quantities,

which could generate more profit points in the short term.

Bai Jingqing still made certain concessions,

later giving certain discounts to distributors with larger order volumes,

allowing them to purchase stock at prices even lower than 1,999 or 2,999,

and then sell them at 1,999 or 2,999,

which gave them a bit of a profit margin.

So, some distributors still ordered some xiaomi phones,

mainly taking the offline sales route,

targeting the elderly,

who didn't know how to shop online

and weren't clear about phone specifications and the like.

In comparison,

xiaomi phone's price was relatively low,

making it very popular among the elderly offline.

And now that the supply price for the ideal a8 Pro was actually only 3,099,

they could easily sell it for 3,299, and many consumers who didn't understand phones would be willing to pay for such a big brand.

So, the low-priced Ideal phones were actually quite popular among distributors.

However, what made people a bit puzzled was

that the price of Ideal phones had actually dropped so much;

previously, they were all priced at seven, eight, or nine thousand,

but now the so-called top-tier flagship could be bought for just over 3,000.

This also made some small bosses who liked to use Ideal phones to show off a bit restless;

they had all spent seven or eight thousand to buy such a phone

just so they could slap the phone face-down on the table

when talking business with other clients,

to look prestigious.

Only such an expensive phone was worthy of their status.

But now that Ideal phones had dropped in price,

they were embarrassed to slap them on the table anymore.

If they let their partners know they were using a phone worth only three or four thousand,

they felt it would diminish their status,

and they felt it was a loss of face.

This caused Ideal phones to suddenly lose their prestige among those slightly wealthy small bosses.

This was why Xue Haixin had repeatedly emphasized before that Ideal phones couldn't just have their prices lowered on a whim.

Because once the price dropped,

Ideal's high-end and sophisticated image in the eyes of consumers would suffer greatly,

and what would be lost were those high-end customers.

But there was no other way;

without doing this,

Ideal Technology's losses would be even greater.

What made Xue Haixin somewhat speechless was

that some people online even said xiaomi phones had forced down the prices of domestic phones;

from another perspective,

his own Ideal phone price drop

had instead contributed to the good reputation of xiaomi phones.

During this period,

Bai Jingqing was not idle either;

he was even busier than before.

He continued his low-profile development during this time,

knowing that Xue Haixin was currently overwhelmed with the ideal a8 Pro issues

and had no time to bother him,

so he seized this time to quickly formalize his company and factory.

He hired professional lawyers

to face Huayao Technology's debts head-on.

After a period of negotiation,

he had already reached a settlement with Huayao Technology's shareholders or creditors.

At the same time, the bankruptcy procedures for Huayao Technology were completed,

the company was restructured,

and he promised the bank to repay the debts with interest in installments.

Bai Jingqing even relied on his silver tongue

and his ability to paint a grand vision

to not only get his name off the bank's blacklist of dishonest persons,

but also to borrow another sum of money from the bank.

The renovation of the factory buildings was also in full swing;

he removed all the signage related to the old Sanlu Milk Powder group

and replaced it with Huayao Technology's signage.

He also purchased a lot of equipment

and set up the first batch of production lines.

In addition,

to be able to explain the source of the chips,

Bai Jingqing recently intended to purchase several photolithography machines.

Whether they would be used or not,

they could at least serve as a front.

When people asked where his chips came from in the future,

he would show them the photolithography machines in the factory.

But after looking at the prices of several photolithography machines,

even the most ordinary ones cost several million,

and the photolithography machines produced by the most advanced company, ASML, actually sold for over a billion!

This was truly a high cost.

So it had to be said that technological monopolies were truly terrifying,

and the profits they could bring were also enormous.

He was still heavily in debt,

so he would consider things like photolithography machines later when he had more money.

However, he still made a plan,

specially designating a section of the factory as a semiconductor chip production workshop,

surrounding that area with fences,

and hanging 'Top Secret' signs every few steps on the wire mesh.

Then he picked out some relatively intact milk powder production equipment and put them inside,

even sticking a 'photolithography machine' label on one of the machines responsible for producing milk powder,

pretending it was a photolithography machine.

Even Bai Jingqing felt a bit ridiculous looking at the factory area he had set up.

But now,

he finally had the shell of a factory,

which could be considered a reasonable explanation for the source of his phones.

At most, when these people wanted to verify further,

he could brush them off on the grounds of company secrets.

Meanwhile, Bai Jingqing continued to recruit employees,

preparing for the trial run of the first production line;

at that time, he planned to get some components from the system

and then hand them over to the factory for assembly.

In this way, he could better hide the existence of the system,

so he was also particularly busy during this time.