Chapter 222 - 129 - Gradually Drifting Apart
Chapter 222: Chapter 129 – Gradually Drifting Apart
Dream Technology headquarters, the News Conference continued.
Designated by Lu Pingping, a journalist stood up and asked, “Mr. Yan Fei, it’s said that you offended all banks in Shanghai, and as a result, none of them are willing to loan money to your Dream Technology, causing problems with its development. How do you see this situation?”
Yan Fei, stroking his chin, replied, “I wouldn’t say I’ve offended the banks in Shanghai. We simply have some differences in philosophy. Their choice not to support me is based on their business considerations, which I personally understand. Therefore, to avoid causing them any further trouble, I plan to terminate cooperation with Shanghai Bank and switch Dream Technology’s banking services to Suzhou City. All of the company’s payments will be processed through banks in Suzhou City from now on. As for whether the development of Dream Technology has encountered problems due to the banks’ refusal to lend, I would ask everyone to wait and see.”
It was evident that Yan Fei was settling scores after autumn, as the banks hadn’t been willing to support him during his difficult times. Now that he was getting back on his feet, he was ready to sever ties with these banks. The departure of such a major client would take away tens of billions of cash flow at least, with astronomical associated benefits. The heads of Shanghai’s banks would be in pain for quite some time.
The journalists below were stirred up again; this was big news. An emerging industry titan going to war with Shanghai banks could mean losses of tens or hundreds of billions, even trillions, in deposits. Although it wasn’t yet known who would come out on top, the mere process of the battle was already thrilling to them. With just a bit of effort, it would become another explosive entertainment news story.
A journalist stood up and inquired, “Mr. Yan Fei, your weight loss cookies are selling like hotcakes, and you’re the sole shareholder with 100% equity. Can you tell me how much money you have now? Are you the richest person in China?”
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Yan Fei laughed and said, “China has always had the tradition of ‘not to reveal one’s wealth’. So I can’t possibly tell you how much money I have, although you are welcome to make your own calculations. But I can tell you this—I am just a newcomer in the business world who has achieved a bit of success and there’s still a long way to go before I become the richest person in China.”
Another journalist stood up and said, “Mr. Yan Fei, do you have a girlfriend? It’s said that you and General Manager Lu Pingping were lovers in university. Are you still in a relationship now?”
Yan Fei glanced at Lu Pingping beside him and replied, “That’s a personal question, and I refuse to answer it.”
The journalist sat down, dejected. Lu Pingping nonchalantly pointed to another questioner. That journalist stood up and said, “Mr. Yan Fei, I am Liu Xiangxun, a journalist from South Korea Central Daily. Have you seen the Challenge Letter sent to you by the World Taekwondo Promotion Alliance?”
Yan Fei had previously, as a newcomer, defeated a Taekwondo expert in a televised live broadcast carefully orchestrated by South Koreans, causing embarrassment for Taekwondo in front of the whole world and hampering their rapid expansion momentum. The South Korean’s Taekwondo World Promotion League, not accepting defeat, had been issuing Challenge Letters to Yan Fei online, hoping for another match between Chinese Kung Fu and Taekwondo to reclaim their honor. Unfortunately, Yan Fei had not been focusing his energy on competing with Taekwondo and had ignored the challenge.
Now, with this question from the South Korean journalist Liu Xiangxun, Yan Fei was promptly reminded of the matter. He said, “I seem to have heard about this, but I don’t plan to accept the challenge.”
Liu Xiangxun challenged him, “Mr. Yan Fei, do you think you’re not strong enough and that you know the power of our Taekwondo, afraid to embarrass yourself, so you want to avoid the battle?”
Yan Fei laughed and responded, “I earn tens of billions of RMB a year, which translates to several million per minute. You want me to fight against a bunch of guys with deformed legs, do you think you’re worthy?”
The South Korean journalist was somewhat arrogant, and Yan Fei naturally did not spare his feelings, ridiculing him thoroughly, and dominating the exchange using the aspect he was most proficient in—wealth, leaving his opponent speechless.
Enraged, Liu Xiangxun found no words to retort. Given Yan Fei’s wealth, it was indeed unlikely he would casually accept challenges. Yan Fei wasn’t wrong in saying so. The Chinese journalists nearby smiled knowingly; at this moment, naturally, they sided with Yan Fei, a fellow Chinese. @@novelbin@@
Yan Fei continued, “If the South Korean’s Taekwondo World Promotion League is willing to bet wealth equivalent to mine, I might consider another match. Otherwise, I’d rather enjoy my days with Li Wanji, at least that way I can enjoy myself.”
The Chinese journalists, who were aware of the play on words with ‘busy with many affairs’, burst into laughter. One said, “Mr. Yan is right. Without equivalent wealth, who would bother fighting you! Also, Li Wanji seems to be a South Korean beauty. It would be her good fortune to be favored by Mr. Yan.”
The South Korean journalist Liu Xiangxun’s face turned red, unable to come up with a reply. After hesitating, he lowered his head and left the conference.
Yan Fei mocked and teased, answering the journalists’ questions flawlessly, showcasing exceptional social skills, which earned him a new level of respect from Lu Pingping beside him.
Noticing someone who had been eagerly raising their hand but had not been given the opportunity to ask a question due to their short stature, Yan Fei decided to extend a chance to the journalist, considering the tough job they had. He pointed towards the journalist, signaling it was their turn to speak.
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