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Chapter 19: Breaking the Contract

Chapter 19 Breaking the Contract

With the signing of the contract with Deli Electric, Ogilvy Electric and Desso Group could no longer sit still.

Both parties accelerated the negotiation process and finally completed the contract signing procedures at the end of August.

Thanks to Liu Jun's efforts, the two companies finally agreed on a price of 8 million, which was million more than Deli.

As more and more money appeared in the company's account, a series of research and development work was gradually carried out.

By mid-August, all employees of the company had moved in to work.

For Xinghai’s first high-voltage wireless charging product, Fanren chose the charging pile business.

Under his leadership, he led a group of employees in the design department and the R&D department. He was responsible for the main design, and the employees were responsible for supplementing the minor details.

Soon the research and development of the first product came to an end.

However, no matter how hard they tried, Hainiu and Sanxin, after investing regardless of cost, came up with their first charging pile products before them.

In the Xinghai conference room, as Sanxin's press conference came to an end, silence suddenly fell.

Fan Ren turned off the display screen and looked at the low morale of the people in the field, and couldn't help but smile silently.

"Say something."

He tapped the table lightly, bringing everyone back to their senses.

"Don't be discouraged. I believe everyone has known for some time that I am the patent holder of this charging technology."

“We are indeed behind these two companies in terms of product launches. But I think that’s normal.”

"On the contrary, I think everyone here is really amazing!"

"Why? It's because Xinghai was founded less than three months ago, and you have all been with Xinghai Technology for less than two months."

"But what? In such a short period of time, our product development progress is only about one week behind these two companies. And this was completed when they started research and development before us."

"Another thing that many people may not know is that I am the founder of technology development, so I am confident that in the field of high-voltage wireless charging, no company's product strength can be higher than mine!"

After these words were spoken, the employees in the conference room couldn't help but show some excitement on their faces.

Among them, there are some older employees who are still not optimistic about the project.

But several young employees were inspired by Fanren.

Fan Ren saw all of this, nodded secretly in his heart, and quietly memorized these young faces.

After a while, Fan Ren came to Liu Jun's office and closed the door.

Liu Jun was also busy. He was on the phone and just glanced at Fan Ren without any response and continued to communicate on the phone.

Lighting a cigarette, Fan Ren reached out for a document on the desk and began to read it quietly.

After all, Liu Jun comes from a merchant family. Relying on his not-so-rich connections, he has won the charging pile project in Linhai City and dozens of surrounding auto 4S stores.

Fan Ren looked at the negotiated price and did a quick calculation in his mind, knowing that it was obviously not profitable.

But he had discussed this with Liu Jun in advance.

In his opinion, the main purpose of the development of the high-voltage wireless charging project is to train a group of capable people for Xinghai.

Now, in Xinghai's account, apart from the expenses for research and development and daily expenses since today, there is still an astonishing sum of 32 billion.

It only cost 2 million, I don’t feel bad about it!

A string of numbers flashed through Fan Ren's mind, but he couldn't help but cover his chest with his hands, trying to cover up the slight pain.

"What's wrong? Are you feeling uncomfortable?"

After Liu Jun hung up the phone, he saw Fan Ren rubbing his chest and felt a little confused.

After knowing each other for so many years, although the second brother doesn't like sports, his health is not bad.

In his words, poor people are easy to feed, have high resistance and do not need exercise.

"Nothing, do you have another dinner tonight?"

"Hey, how can we talk about things without drinking? Now you know how difficult it is to run a business, right?"

Liu Jun shook his head and said indifferently, "The phone call just now arranged a dinner with the regional manager of a new energy vehicle company in the evening. No one is sure whether it will succeed, but at least you have to work towards that direction."

And the direction of effort is drinking.

Seeing Liu Jun's indifferent look, Fan Ren felt a little sorry for this good friend.

"Don't be so anxious, you don't have to be so..."

"Go away, go away! I'm warning you, don't dampen my enthusiasm. What do you want from me?"

Liu Jun couldn't stand hearing this and quickly changed the subject.

Are you kidding? He is a shareholder!

In his father's words: A successful businessman is someone who keeps preparing for the next opportunity that may come at any time. What if there is no opportunity? If there is no opportunity, create it yourself!

Fan Ren didn't dwell on it and explained his purpose.

The research and development of the new product has come to an end, but the OEM factory that we contacted in advance has encountered problems.

It’s speechless.

The market size of wireless charging was originally not large, and each foundry had strict control over production capacity and was afraid to increase productivity.

But now a new generation of revolutionary technology has emerged, and industry leaders, led by Sanxin, seem to have made up their minds and are frantically placing orders to those OEM factories within their capabilities.

Because of this reason, Xinghai significantly increased the price of Yunkang Manufacturing, which it had agreed upon in advance.

They are even willing to pay a breach of contract fee of up to 1000 million!

Why do they dare to do this? It is because the production capacity of OEM is not enough nowadays, and the corresponding OEM fees have also increased a lot.

If Xinghai does not agree to their demands, even if they pay the penalty and give up cooperation with Xinghai, they will not lack orders from other manufacturers.

After listening to this, Liu Jun couldn't help but curse a few unpleasant words in a low voice.

But this doesn't solve the problem.

This is the tragedy of small companies. They don’t have any reputation or a strong legal department, so others can cancel the contract if they want.

You simply don’t have the ability to negotiate a penalty that would deter the other party from breaching the contract when you first place the order.

Liu Jun thought for a long time and finished a cigarette, but he still couldn't come up with a good solution.

After thinking for a while, he said helplessly: "I took some time to go to Yunkang these two days and talk to their boss. I didn't expect that woman who looks harmless actually did this behind his back."

Then he continued, "But I have to warn you in advance. I guess I couldn't talk about anything substantial in the past. You know the market situation now. There is no demand for it."

After hearing this, Fan Ren thought for a moment and shook his head, saying, "You are too busy here to leave. Anyway, the research and development is already in the final stages, so just hand it over to the employees. Give me Yunkang's contact information and general information later, and I will go to their home to take a look in person."

After that, the two discussed some market details, and then Fan Ren got up and returned to his office.

Sitting on the thick sofa, Fan Ren regained consciousness.

Basic Science: Level 1 (192/1000)

Electronics: Level 1 (237/1000)

Mechanics: Level 1 (239/1000)

Materials Science: Level 1 (241/1000)

Astronautics: Level 1 (5/1000)

As the research and development work progressed over the past few days, the various data on the spark of civilization in his mind continued to grow steadily as expected.

I just don’t know when the next technology will be unlocked.

Fanren also clearly felt that as his knowledge of various related subjects gradually increased, the growth of data also slowed down.

It’s not as huge of an improvement as the first time we developed it.

Probably mainly because, only by learning new knowledge that he has not learned can the data increase.

For example, the wireless charging station developed this time has many technical similarities with the trial machine he developed for the first time.

Not much was learned.

As his consciousness left his mind, Fan Ren didn't think much about it. He immediately opened his email and read the relevant information about Yunkang Manufacturing sent by Liu Jun.

(End of this chapter)

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