1: Chapter 1 Taking on a critical mission, minority shareholders want to sell the company.

Shen Fei's consciousness gradually awakened under the blinding lights.

A buzzing sound rang in his ears, accompanied by heated arguments and the dull thud of something slamming onto a table.

He struggled to open his eyes, his vision shifting from blurry to clear—a long conference table, with seven or eight people sitting around it, all of them flushed with anger.

"I disagree. This is the foundation that President Shen Guoming built with his own hands; how can you just sell it like that?"

[Writing up to here, I hope readers will remember our domain: Taiwan Novel Network. Super thoughtful, super convenient.]

"Not sell it? If we don't sell it, are we just waiting to go bankrupt? Don't you know what the situation is in the domestic market right now?"

Nokia dominates the market, holding a full 40% market share, while Samsung, Motorola, Ericsson, and LG have swallowed up another 40% to 50% of the market.

There is so little left for our domestic mobile phones, yet everyone is throwing money at grabbing market share. What does Transsion have? Technology? Distribution channels? Or a brand?"

"Old Zhang is right. Originally, we could have put up a fight while President Shen Guoming was here, but now that he is hospitalized, there is no need to persist.

The buyer we contacted is offering a high price, a full 200 million.

This is a friendship price. Is Transsion even worth that much?

If we drag this out any longer, once the production lines stop and the distributors pull out, we won't even be able to get 100 million. By then, we won't even know where to cry, and that will truly break President Shen Guoming's heart."

"Exactly. You two have always been at odds with us, and on such a major issue, you're still intentionally... You are really making Brother Shen heartbroken." Seeing that they had gained the upper hand, Shen Xiangyu finally stood up.

Shen Fei felt as if his head was splitting, and a massive amount of memories that did not belong to him flooded his mind.

Transsion Technology. A fourth-rate domestic mobile phone manufacturer, no different from a copycat factory. His father, Shen Guoming, is the founder and is currently hospitalized due to a sudden cerebral hemorrhage.

Himself, Shen Fei, 24 years old, the only son of Shen Guoming, a nominal Deputy Director of the company who actually spent every day mingling at various receptions and parties.

His memories from his previous life also became clear at this moment; he was the founder of a Fortune 500 technology company, effectively the undisputed number one tough guy who had withstood multiple sanctions from the United States.

Even after achieving success, he never forgot his original intention and was occasionally willing to do some research and development.

Once, when the interest struck, he worked for 72 consecutive hours and collapsed in the laboratory. When he woke up, it was 2008, and he was in the body of another Shen Fei in a parallel world.

"Enough!"

At the head of the conference table, a man in his 50s wearing gold-rimmed glasses slammed his hand heavily on the table.

He is Vice President Zhang Mingyuan, also the company's second-largest shareholder and the most adamant person advocating for the sale of the company; everyone who spoke just now was his person.

"Since Young President Shen is awake, let's hear his opinion." Vice President Zhang Mingyuan turned to Shen Fei, his eyes filled with undisguised contempt.

"Xiao Fei, your father is in the hospital now, and you are the only son of the company's largest shareholder. Theoretically, you have the decision-making power.

But those of us who have worked with your father for over a decade cannot watch the company collapse like this, so we have come up with a better plan for you."

A middle-aged woman next to him chimed in; she was Manager Li Xiuyun, the Financial Director of Transsion Technology: "Xiao Fei, your Uncle Zhang is right.

There is less than 50 million in liquid funds left in the company's account, and we are almost unable to pay next month's wages. The parts suppliers in Huaqiangbei have already urged payment three times; if we don't pay them, they won't supply the next batch of goods."

"Selling the company and getting 200 million will at least guarantee President Shen Guoming's medical expenses and give everyone an explanation." Vice President Zhang Mingyuan persuaded him earnestly. "You are still young; take this money and do something you like, don't let this mess drag you down."

Shen Fei rubbed his temples as his memories fully returned.

Transsion Technology was founded in 2005, focusing on low-end Feature phone models.

This parallel world was almost the same as his previous life. Last year, Apple released the first generation of its phone, and in June of this year, it released the iphone 3g, which completely announced the arrival of the Smartphone era, but the domestic Feature phone market remained huge.

It was just that the competition had entered a white-hot stage. With MediaTek providing an integrated solution, a Feature phone seemed to have become something that could be made as long as one had people and equipment.

Besides these, those visionary large domestic manufacturers also began to lay out plans in this track; Huawei quietly established its own chip R&D department, preparing for a transformation.

As for Transsion, it had no technology and no distribution channels. Its only advantage was the old connections Shen Guoming had in the industry.

But ever since Shen Guoming suffered a sudden cerebral hemorrhage last month, these connections cooled rapidly. Some people had already demanded higher rebates, otherwise, they would stop sales.

What was worse was the instability within the company.

The few senior figures led by Vice President Zhang Mingyuan had long been in private contact with several capital firms interested in acquiring the company. The so-called 200 million sale price likely had quite a few shady dealings behind it.

Shen Fei took a deep breath and swept his gaze across the face of everyone in the conference room.

Vice President Zhang Mingyuan, holding 3% of the shares. Manager Li Xiuyun, Financial Director, holding 2% of the shares. There were also Marketing Director Zhao Kai and Production Manager Wang Zhigang; these two were opposed...

The combined shareholding of these senior figures did not exceed 15%.

Wait!

Shen Fei suddenly realized something. He closed his eyes and carefully searched the depths of his memory for details regarding the company's equity.

His father, Shen Guoming, held 85% of the shares... not the 30% or 40% common in palace coup novels, but a full 85%. He had absolute controlling interest in Transsion Technology.

He had originally thought that these people gathered together were like two kings and four twos, and that he would have to expend all his efforts to protect his father's assets.

It turned out they were just a bunch of low-lifes. Shen Fei's eyes lit up completely; the advantage was his!

"Are you done speaking?" His voice was not loud, but it made the entire conference room go quiet instantly.

Everyone's gaze gathered on him. That Shen Fei, who usually only knew how to giggle, indulge in debauchery, and was called a useless prince by them, now had a look in his eyes that seemed a bit off.

"Vice President Zhang, Manager Li, everyone." Shen Fei slowly stood up, pressed his hands on the table, and leaned forward.

"First of all, I would like to thank everyone for remaining at their posts during my father's critical illness."

His tone was calm, but at this moment, it carried an oppressive feeling that allowed no rebuttal. This instantly made Vice President Zhang Mingyuan nervous; it seemed a bit...

"But regarding this matter of selling the company..." Shen Fei paused and stared fixedly at Vice President Zhang Mingyuan. "I do not agree."

"It's good that you agree, Xiao Fei; wouldn't you say selling the company is the wise choice?" Vice President Zhang Mingyuan had originally been about to hand over the contract, but after hearing clearly, he reacted as if he had heard some kind of joke.

"What! You don't agree."

"Shen Fei, do you know what the situation is with the company right now? Do you know that the profit per mobile phone in the entire industry has been compressed to less than 5%? Don't you know that Coolpad and Bird are about to release new mobile phones?"

By then, we will purely have only one dead end."

"I know." Shen Fei nodded.

"I also know that Apple's iphone 3g is going to be released globally next month, and I also know that Nokia and their Symbian system have already occupied about 70% of the market.

I also know that MediaTek's turnkey solution has allowed copycat phones to blossom everywhere, and we are also using this set of solutions."

For every sentence he spoke, he took a step forward, finally stopping at Vice President Zhang Mingyuan's side.

"But I also know that Transsion Technology is my father's life's work. I know that among everyone present, some are truly thinking of the company, and some..."

Shen Fei's gaze fell on Vice President Zhang Mingyuan's slightly trembling hands: "Probably already found a new buyer, right?"