103: Chapter 103 Heavy Losses

"Manager Kong, it's bad, something terrible has happened, all the distributors have run off!"

"Manager Kong, the two distributors who just paid their deposits are also demanding refunds; they don't intend to take our chips anymore!"

"Manager Kong, it's bad, it's bad..."

Voices came one after another.

It made Kong Wu feel like he was about to break down.

He had spent all of yesterday busy, just so he could sign orders with the distributors today.

He had confirmed every single detail over and over again.

He didn't expect that there would still be problems!

Damn it!

What on earth is going on!

An assistant nearby said with a strange expression: "Manager Kong, why don't you take a look at the news first? Ten minutes ago, a video went viral online. The distributors leaving must have something to do with that video!"

"Hmm?"

Kong Wu frowned.

Only then did he take out his phone to check the video the other party was talking about.

The next moment.

His expression changed drastically!

"Holographic Projection, Holographic Projection, holy crap..."

Earlier, when the distributors were talking downstairs, because there were so many people speaking, he hadn't heard clearly what they were discussing.

Only now did he understand that they were talking about Holographic Projection Technology.

Even though he was seeing the video with his own eyes now.

He couldn't believe it!

It actually really was Holographic Projection Technology!

"Oh no!"

Kong Wu was immediately alarmed in his heart, "The image processing, sound processing, and facial recognition detection systems we use in our chips are all included in this Holographic Projection Technology of his. If this technology is real, then it's quite terrifying. Its technology is more than just one level better than our product!"

Speaking of this.

He suddenly looked at the assistant beside him, "How much of the money for purchasing raw materials have we paid so far?"

"Half of the raw materials arrived this morning; we have already paid out 100 million, and the rest is already on the way. The final payment needs to be settled today..."

The assistant stole a glance at Kong Wu and continued: "In addition, the 50 million in advertising fees has already been fully invested. It is expected that for the next week, all major social platforms and offline advertising spaces will promote our Siwei Technology Company's products."

"Promote my ass!"

Kong Wu almost spat out a mouthful of blood.

Now the news about Holographic Projection Technology has spread everywhere.

This kind of product that transcends current technology—let alone those businessmen, even he, a competitor, was extremely interested in it.

To still be running ads for Siwei Technology products now?

Once people make a comparison.

Wouldn't that be a slap in his own face and a slap in the company's face?!

Compared to Holographic Projection, the chip in his hand is worth absolutely nothing!

It's over, it's over!

"Quick, quickly stop the advertising, contact the advertising company and see how much money we can get back!"

"Manager Kong, this... we signed a contract, I'm afraid we can't get a refund..."

"How come it can't be refunded!"

Kong Wu was about to explode with anger, then remembered something, "We don't want the remaining raw materials. Hurry up and call them, don't let them deliver it!"

"But..."

"There's no 'but', go do it! Also, have the factory stop production for now!"

Kong Wu was so angry he was stomping his feet.

In fact, he knew in his heart that the advertising fees couldn't be refunded.

Even if they didn't take the remaining raw materials, they had already spent 100 million, making it a total expenditure of 150 million.

Added to that were labor costs and various factory expenses.

That was another huge drain!

His face was ashen, and he plopped down onto the floor.

It's over!

If the General Manager finds out.

He'll skin me alive!

No.

I must minimize the losses!

He hurriedly called the major distributors, "President Wang, our company has already produced a batch of chips. If you want them, I can give you a 20% discount..."

"President Wu, our company is having a promotion right now, 40% off if you pay now... Hello, hello, President Wu..."

"President Dai, hello, hello, don't hang up."

He made ten calls in a row.

Even though he offered big discounts, no one wanted Siwei Technology's products.

Before he could even finish speaking, the other side would just hang up.

...

On the other side.

The buzz around Holographic Projection Technology continued to ferment.

Almost everyone was talking about this matter, and some distributors were inquiring everywhere about the origin of this product.

Whoever gets the first-hand resources first.

Will be able to make the first profit in the market.

High-tech smartwatches with Holographic Projection Technology are very popular in the market.

Especially among young people!

It's absolutely a tool for showing off!

Many people left comments and private messages under Chen Feng's Douyin account, but they just couldn't get a reply from him.

Just at this moment.

Chen Feng's account released another video.

It was an image.

A company logo.

"Haitian Intelligent!"

"What does this mean? Could it be that the company possessing Holographic Projection Technology is Haitian Intelligent Company?"

"How come I've never heard of this company? It must be a small company."

"That's impossible, how could a small company possess such powerful technology!"

Everyone started discussing it one after another.

Some people even started digging into the information about Haitian Intelligent Company.

"Huh, this Haitian Intelligent Company used to be a small company, but in the last few days, Wenyu Investment Co., Ltd. invested 2 billion into it!"

"No wonder they were able to develop Holographic Projection Technology, so they had investment from a big company!"

Once the news was exposed.

Those distributors rushed to Haitian Intelligent Company to seek cooperation.

Just as Chen Feng was preparing to eat lunch at the villa.

Shang Jun called him, "President Chen, it's bad, there are now seventy or eighty distributors blocking the company, they are demanding to cooperate with the company.

Some have even wired money directly into the company's account, saying that no matter how expensive the product is, they want to buy it, and they will buy as much stock as there is!"

"That's a good thing."

Chen Feng walked slowly to the sofa and sat down.

He then said: "Today, you can start mass production according to the raw materials I provided; I have already taught the method to those few technicians.

Of course, the core technology is with me, and the final finished product requires my authorization over the internet to function normally!

This way, there's no need to fear the technology leaking!"

"Understood, understood!"

Shang Jun nodded repeatedly.

At first, he was also worried that it would be like before, where the loss after a technology leak was enormous.

"Also, the production volume doesn't need to be too high; one-third of the market sales volume is enough.

Maintain a state of market hunger and keep the buzz going."

"Hunger marketing?"

Shang Jun was stunned for a moment.

Then he remembered something, "President Chen, there are other distributors who want to buy our chips."

"We don't sell chips, we only sell finished products!"

A curve flashed across the corner of Chen Feng's mouth, "We are taking the high-end route; the smart watch with Holographic Projection is just the first product.

In the future, there will be all kinds of cutting-edge technology products.

If anyone only wants to buy chips, you tell them to get lost!"

(Thanks to user 28231857 for the tip of "Explosive Update Flower Shower", thanks to user 32409964 for the tip of "Update Urging Talisman".)