CHAPTER 308: CHAPTER 308: THE FORGERY INCIDENT

In the past, eating river puffer fish was banned domestically in Huaxia, which resulted in low domestic consumption of river puffer fish.

A large amount of domestically-produced river puffer fish were sold to Japan disguised as Japanese river puffer fish.

Keep in mind that Japan produces about eight thousand tons of river puffer fish annually, while Huaxia produces over fifty thousand tons.

Currently, domestic consumption is rapidly increasing, and Huaxia’s exports of river puffer fish to Japan have significantly decreased.

If High Mountain Aquatic Products doesn’t quickly find stable suppliers of river puffer fish, they probably won’t be able to explain to their clients why there’s a large-scale shortage of river puffer fish within Japan without any disasters or diseases.

With this intelligence, Chen Yiyang again sought out President Meihe for a private discussion.

Since both of their English skills were good, they didn’t call in outsiders for this negotiation; it was simply Chen Yiyang and Meihe arranging to meet at a restaurant to talk over a meal.

"I’ve agreed to the establishment of the aquatic joint venture company," Chen Yiyang said. "I’ll be responsible for finding suitable farming bases within Huaxia to provide river puffer fish and eel for High Mountain Aquatic Products.

High Mountain Aquatic Products must cover all expenses for the farming base for the first three years, because in this farming industry, only operations running for more than three consecutive years can stabilize.

At the same time, High Mountain Aquatic Products has to commit to purchasing at least fifty percent of the annual production of river puffer fish and eel from the farming base."

"I have no problem with these terms," Meihe nodded in agreement.

These terms were originally proposed by Meihe.

"As for the equity distribution of the joint venture company, I’ll hold sixty percent, and High Mountain Aquatic Products will hold forty percent."

Chen Yiyang stated the next condition.

"No way," Meihe immediately spoke up. "High Mountain Aquatic Products provides all the funds and can only get forty percent of the shares? That’s too unfair to me."

"Then we could consider a different form of cooperation," Chen Yiyang said directly. "I provide all the funding, but then it wouldn’t be a joint venture company; it’d be my own company.

I know quite a few people in Japan; I can directly contact many Japanese aquatic companies to supply them, and whoever offers the highest price can get the goods. Does that work?"

Listening to Chen Yiyang’s words, President Meihe’s eyebrows nearly jumped in frustration.

But at that moment, she didn’t know what to say, because she had no countermeasure for what Chen Yiyang proposed.

"For our cooperation, funds aren’t the most important aspect—what matters is stable production and supply. President Meihe can of course abandon me to find another partner in Huaxia.

However, in business collaboration, especially international business collaboration, trust is most important.

I have a reputation and connections; working with me, although I earn a bit more, I absolutely won’t cheat you.

If you look for another partner and unfortunately encounter a fraudster, you might waste two or three years.

Even in Japan, where the business environment is stable, a lot can change in two or three years, right?"

"What you’re saying makes a lot of sense, but I still feel like I’m losing out!" President Meihe recognized that Chen Yiyang was speaking the truth.

She didn’t have any connections domestically.

Moreover, international business collaborations are more likely to encounter fraudsters. Because international lawsuits are extremely troublesome, just the legal fees are quite substantial.

Even if the lawsuit is won, executing it is a hassle.

So, trustworthy partners are more valuable than money.

"If you truly feel like you’re losing out, I can offer compensation in other ways." Chen Yiyang initially meant to say that if President Meihe needed help with anything else in Huaxia, he could take care of it.

For instance, help find some suppliers of river puffer fish and eel before establishing the farming base.

But after he finished saying this, the foreign-educated President Meihe glanced him over and said, "Compensation through flesh is possible too."

???

Chen Yiyang stared at President Meihe full of confusion.

The next morning.

Chen Yiyang dressed and boldly said to President Meihe, "Regarding the joint venture company, the funds need to be in place quickly."

President Meihe, uninhibitedly lying on the bed with her hand against her chin, responded to Chen Yiyang, "The speed of funds being in place is related to how hard you work, Chen-kun needs to try his best in the future, otherwise you don’t want the funds delayed, right."

"No, no, I’ve spent enough time in Japan, I want to return home soon," Chen Yiyang shivered.

He originally thought Meihe, being a Japanese woman, would be gentle.

Turns out this woman went to Europe and America and turned wild; too fierce.

Moreover, she’s just over thirty, in her peak period.

Chen Yiyang felt this young man couldn’t quite keep up with her intensity.

But just as he got dressed and prepared to leave.

While browsing her phone, Meihe suddenly called out to him, "Something big happened."

Indeed, something big happened.

A few days ago, the headlines in major Japanese media were about the rediscovery of the Seal Collection by the West Lake Eight Artisans.

However, such headlines only attract a small portion of people’s attention, and most people don’t even know what the Seal Collection by the West Lake Eight Artisans is.

But today’s media headlines triggered an earthquake in the Japanese media, capturing the attention of all Japanese citizens.

Toyota, Honda, Mazda, Yamaha, and Suzuki, the five leading Japanese car companies, were exposed for collective fraud.

This fraud wasn’t just simple data falsification—it’s extremely malicious, involving maniacal falsification of crucial automotive components.

Among them, the most egregious was Mazda, which not only falsified data but was revealed to trigger their airbag in crash tests based on a countdown timer.

This means Mazda’s several models haven’t done any algorithm calibration for various accident scenarios, their so-called crash tests merely estimate the time taken for the vehicle to reach the collision point to time the airbag trigger.

This kind of fabrication means when a car encounters an accident, whether the airbag triggers smoothly is entirely based on luck.

It’s akin to treating drivers as kamikaze pilots.

Toyota, as the leading figure in the Japanese car industry and a benchmark for Japanese automobiles, was also exposed for large-scale fraud.

Its wholly-owned subsidiary fabricated test results for five hundred and fifty-six cars to speed up vehicle inspections.

Another Toyota-controlled brake manufacturing company was exposed for falsifying one hundred and fourteen thousand five hundred and ten quality inspection data points over twenty years.

Chen Yiyang originally thought this earthquake-like event for Japanese society had nothing to do with him.

But one day after the incident, Toyota Osamu approached Chen Yiyang.

"Chen-kun, I need your help."

"It’s not about Toyota’s fraud, is it?"

"Yes," Toyota Osamu nodded decisively.