Chapter 42 Seizure? Only 2500 left?
Chapter 42 Seizure? Only 2500 left?
Government building in Port Sanran, Tanzania.
Minister Mohammed's office has become a fairyland, thanks to the efforts of Zhou Ming, general manager of Bird Africa, all of Transsion's stores have been sealed off.
Waveguides achieved a crucial victory.
Logically, Zhou Ming should have been very relaxed, but now he was constantly wiping the cold sweat from his forehead because there were protesting crowds outside the window.
Employees inside the sealed-off Transsion store were holding up signs and shouting in Swahili downstairs, "Give us back our jobs."
"Zhou, you should be satisfied with the result now, right?" Muhammad flicked the ash off his cigarette, then continued to stare intently at Zhou Ming, his face showing no sign of joy.
Just half an hour ago, because of Zhou Ming's instigation, Muhammad made up his mind and shut down all the shops that spread the message.
But after they swept around, they didn't get anything useful; instead, their crotches were covered in a pile of excrement.
"Minister, all of Transsion's shops have been shut down, and their accounts have been frozen." Zhou Ming forced a smile. "Don't worry, it's time for Waveguide to show its skills."
Don't worry, I will definitely do what I promised you. As soon as the land is leveled, we will start factory construction immediately.
With an initial investment of US$8000 million and an annual production capacity of 1000 million mobile phones, it will become the largest mobile phone manufacturing base in East Africa.
Muhammad leaned back in his leather seat, holding a planning map in his hand.
An $8000 million investment, 1000 acres of land, 3000 jobs, and tens of millions of dollars in tax revenue annually... these figures made his heart race.
It was precisely because of this pie that he made such an impulsive and excessive decision.
"Mr. Zhou, things are different now. Transsion's expansion in Tanzania has been incredibly rapid. Although they haven't been in this market for long, they already have over 70 stores and more than 1200 employees." Muhammad stared intently at him.
"My reason for the seizure was tax issues, but that reason won't last long. If your Bird factory can't be established as soon as possible..."
"Three months."
Zhou Ming also despised this greedy guy from the bottom of his heart, but before setting off, he had promised President Li that this operation could only succeed and could not fail.
So he could only throw out an even bigger pie and try to stall for time.
"Mr. Muhammad, as long as you get the land and permits, and guarantee that Transsion will not re-enter this market for a period of time, I can guarantee that the factory will be completed within three months and production will begin within six months."
Please trust our sincerity; we've even prepared the equipment list, and it will only take four weeks to ship it from China.
Muhammad was silent for a moment, then took a deep breath:
"Okay, I'll trust you one more time."
Zhou Ming also slowly exhaled, finally getting rid of this guy.
As for building a factory, these barbarians don't even deserve it. If they actually build a factory, Transsion's current situation will be the same as Bird's.
It must be said that, in this issue, their solution is consistent with Transsion's.
"No, Zhou."
Zhou Ming panicked instantly. What was this idiot up to now? Just as he was trying to figure out a way to deal with it...
Muhammad revealed his wisdom: "It's not that I don't trust you, but this time we need to sign a performance-based agreement. If the factory doesn't start production within a year, Bird will be fined $2000 million. After all, I've already taken on enough responsibility. Although I trust you, this money is to shut others up."
"No problem! Mr. Muhammad, that's only right. We'll accept any compensation if we fail to complete the task."
Zhou Ming casually agreed.
Half an hour later, Muhammad looked at the document stamped with Zhou Ming's official seal and smiled with satisfaction.
…………
What they didn't know was that at the same time, at the Yangcheng Transsion headquarters...
Huang Tianya looked at the scanned copies of Tanzanian government documents that were being transmitted in real time in Shenfei's office and sneered for a while.
"Suspected violation of foreign exchange control regulations? They can actually come up with such an excuse?"
Shen Fei was tidying his clothes, preparing to pick up Zhang Mingzhu, so without looking up, he asked, "Has the money been transferred out?"
"We were prepared long ago, and the money was transferred through an offshore company three days ago."
They only had $25000 in operating funds left in their frozen account. They were originally given $250, but…
As he spoke, Huang Tianya couldn't help but smile. The money wasn't valuable, but it was extremely humiliating. Although they didn't understand, Zhou Ming certainly did.
"As for those 70 stores, 40 of them were rented and 30 were purchased, but they were all previously mortgaged to local banks. Let them be seized, the loss is not significant."
"Where are the employees? Are they busy?" Shen Fei asked casually, straightening his collar once more.
"As you instructed. Continue to pay all Tanzanian employees their basic wages and let them protest. As long as they keep coming back, they will receive some subsidies." Huang Tianyang paused briefly to calm his agitated emotions.
"I reckon there's already a parade going on in the streets of Dar es Salaam."
As for Mohammed's arch-enemies, they have already begun to take action; at least the local media have started to question Mohammed's decisions.
Shen Fei picked up the perfume bottle on the table, glanced at it, and then slowly put it back. However, his eyes kept lingering on the bottle, and finally... he picked it up and sprayed it on himself twice.
Huang Tianya's gaze lingered on the perfume for a few seconds before he quickly picked up the documents. It was really... quite rare to see the boss dressed up like this.
Shen Fei saw through his little trick, but he didn't say anything: "What about the grey market goods?"
"Currently, employees from several countries near Tanzania are extremely busy, working during the day and transporting all the products from the store to Tanzania at night."
Huang Tianya produced another report: "With our permission, we have sold 10 T1 units and 30 T80 series units within a week."
The T80 series is now $2 more expensive than the original official price. As for the T1, although it's priced at $80, it's tax-free. Our profits and our employees' profits are both guaranteed.
They found it very easy to do.
This is not suitable! This plan is not suitable.
Shen Fei paused briefly, then pointed at Huang Tianya and said, "Fire all of these people."
"President Shen?" Huang Tianya said with a slight frown. After all, the man was still making contributions, and they were already doing this kind of thing, discarding him after he had served his purpose.
"This behavior is bad for us. Here's what we'll do: you get them to form a joint company, and then you invest in them."
We'll give them the money to take out loans to buy the goods, and then we'll provide them with accessories and after-sales support.
Explain to them clearly that this is a special plan for a special period; those who want to participate can participate, and those who don't want to participate can continue as salespeople.
"clear"
After a while, the phone rang again; this time it was a QQ message from Zhang Mingzhu.
Shen Fei glanced at the time and said to Huang Tianya, "Keep a close eye on things in Africa. Muhammad won't last long, and Waveguide won't last much longer either. When they collapse..."
He paused briefly, his tone turning cold: "I want all of Africa to know that we, Transsion, are not lambs to the slaughter, and what will happen if you oppose us."
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