Return to 78: Why are all the Americans panicking about doing scientific research?
Chapter 149 Risks and Opportunities of VAM Agreements
Joseph felt it was absurd and speechless that Dragon Country still had no patent law.
at the same time.
Joseph's curiosity about Lin Kaifeng grew.
At one point, Joseph felt that Lin Kaifeng, who was chatting and laughing with him in front of him, was not a Dragon citizen at all.
More like a senior entrepreneur.
Unlike other US corporate representatives, this is not Joseph's first visit to Dragon Country.
years ago.
The US President broke the ice of non-communication between the two countries and led a large number of entourage and business representatives to visit Dragon Country.
Since.
Representatives from American companies began to go to Longguo one after another to participate in the twice-a-year Canton Fair.
Joseph was one of them.
From the beginning to the end, Lin Kaifeng's attitude was always neither humble nor arrogant.
There was no tension or awkwardness because Joseph represented Best Buy Group.
You can think of hiring a film crew to shoot a commercial video for your company.
They also know how to register global patents to protect their product rights.
These are all business capabilities that the people of Dragon Country today do not possess.
What Joseph could not have imagined was what was to come.
Lin Kaifeng knew about the gambling agreement...
This protocol was created in the 1940s and is also known as the valuation adjustment mechanism.
It is a very common financial investment method in the Western business market.
When a company has promising development prospects and investors with sufficient funds approach it, they will not invest directly in the company.
Instead, you should first sign a series of agreed terms with the other party.
Before becoming the vice president and purchasing director of Best Buy, Joseph worked on Wall Street for a long time.
Wall Street is the financial center of the United States. From bigwigs to ordinary financial consultants, everyone has come into contact with gambling agreements.
Lin Kaifeng smiled faintly and said, "I don't think my request will be difficult for Best Buy Group. On the contrary, you can get enough profit from it."
"According to the core spirit of the bet agreement, if I fail to fulfill the predetermined commitment, I will compensate you tenfold in cash."
"The new products I provide to your company every year are valued at 10 million US dollars."
"If these products cannot generate more than 10,000 US dollars in net profit for your company, I will compensate you 100 million US dollars."
"Of course, Mr. Joseph will not believe that we can pay 100 million US dollars in compensation."
"I will use my technology patent to offset the $100 million in compensation."
"What you did was just use your influence to register global patents for my products to ensure that my company's products would not be imitated in overseas markets or copied by other competitors."
Without saying a word, Joseph took out a cigarette and a lighter from his suit pocket and made a questioning expression to Lin Kaifeng.
Lin Kaifeng nodded.
Then Joseph lit a cigarette and started smoking it.
Having worked on Wall Street for many years, Joseph has helped a large number of companies to formulate gambling agreements.
A little-known Chinese company is going to sign a bet agreement with Best Buy Group.
It is indeed so rare that it cannot be rarer.
After finishing a cigarette, Joseph said, "This matter is too important for me to make the decision alone. I need to visit your company first and evaluate your production capacity."
It is easy to say that registering global patents and ensuring the legitimate interests of Northern Machinery Company is a matter of fact, but the various aspects involved cannot be explained in just a few words.
"Mr. Lin should be aware that once we agree, Best Buy Group will become the spokesperson for your company in the United States and even the entire Western market."
"If a company copies your product, we will fight the patent lawsuit."
"Of course I know that, that's why I proposed a betting penalty mechanism of ten times compensation."
Lin Kaifeng said nonchalantly, "International property rights lawsuits are protracted and costly, and I know this very well. When does Mr. Joseph plan to visit my company?"
"The sooner the better."
Joseph glanced at his watch and said, "If possible, we'd better leave tomorrow."
"can."
Lin Kaifeng was not surprised at all.
The business world is like a battlefield, and business opportunities are fleeting.
When you encounter a major business opportunity, you naturally have to race against time.
Afterwards, Lin Kaifeng and Joseph agreed to set off at noon tomorrow and fly back to Northern Machinery Company.
Lin Kaifeng plans to leave the Canton Fair matters to Niu Yonggui and Section Chief Qian.
The main investment promotion work has been completed, and what remains are some unimportant matters.
If Niu Yonggui and the other two cannot handle it, they can consult Lei Zesheng.
Lei Zesheng served as the head of the Canton Fair Organizing Committee for a long time. He had certain abilities in receiving and bargaining with foreign businessmen.
"Ah! You are leaving tomorrow. Aren't you in too much of a hurry?"
In the evening, everyone returned to the guesthouse where they were staying and learned that Lin Kaifeng would return to the machinery company with foreign businessman Joseph the next day. Niu Yonggui and Section Chief Qian were more surprised than each other.
Lin Kaifeng explained: "Joseph's time is precious. He will only stay in the country for seven or eight days. It is impossible for him to spend all his time waiting for the Canton Fair to end."
Niu Yonggui said uncertainly: "Will Joseph really place an order of more than 100 million US dollars with our company?"
"Some things are in the hands of human beings. If you ask me now whether I have 100% confidence, I certainly cannot guarantee you."
Lin Kaifeng can only say that he has done his best.
Do everything possible to retain this huge order.
Niu Yonggui and the other man looked at each other and said nothing more.
Joseph went to Northern Machinery Company not only to inspect the company's production and manufacturing capabilities.
I also need to discuss further with Lin Kaifeng about the export business of air fryers and induction cookers.
The total amount of the two transactions added up to a full 120 million US dollars.
Not to mention a collective enterprise like Northern Machinery Company, even a large state-owned factory with tens of thousands or even hundreds of thousands of employees may not be able to receive such a large business.
Faced with the huge business, the two were unable to help even if they wanted to.
"Dangdangdang..."
At this moment, there was a knock on the door.
Lin Kaifeng, who was near the door, went over and opened it.
Outside the door, Bai Ru looked at the situation inside the room and asked cautiously, "General Manager, are you in a meeting?"
Lin Kaifeng said in a gentle tone: "It's not a meeting, just some instructions. What do you want?"
Bai Ru stammered, "General Manager, are you free tonight? I have a classmate who wants to see you."
"classmate?"
Lin Kaifeng wondered, "Aren't you from the north? Do you have classmates in the south?"
Bai Ru had a strange expression on her face and said, "I came across it by accident."
Seeing this, Lin Kaifeng guessed that Bai Ru was not comfortable saying some things directly.
"Uncle Niu, Chief Qian, I'm going to be out for a moment. Please wait a moment."
After saying that, Lin Kaifeng walked Bai Ru out of the guesthouse.
"Just say whatever you want to say. Why does your classmate want to see me?"
Bai Ru bit her lip and said weakly, "My classmate's identity is a bit special. He belongs to a family of the five black categories."
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