Fishing Livestream
Chapter 679 - 679 666 Provocative Situation

679: Chapter 666 Provocative Situation 679: Chapter 666 Provocative Situation Hearing this news, Yue Feng’s good mood was immediately ruined, his face turning cold, “Fine, send me the booth number, I’ll go take a look!”

After greeting the others, Yue Feng strode towards Hall L.

Following the booth number sent by Xiao Zhao, he quickly arrived at the booth displaying the counterfeit goods.

Upon seeing the products, Yue Feng’s face completely darkened.

Aside from differences in materials, the overall design style and structural pattern were almost exactly the same!

Yet, they all had different logos slapped onto them.

“Boss Yue, could it be the work of Mingyue Fishing Tackle from yesterday?” Xiao Zhao’s face was also ugly.

Yue Feng examined them for a while, shaking his head, “No, these logos are definitely added before they leave the factory, they’re already exhibiting, it’s impossible to change them last minute!

Don’t talk, let me ask!”

Yue Feng inquired about the situation from the booth owner with the tone of a customer, and the conclusion he drew was even more startling.

All these people claimed that their models were exclusive new designs, bought from the design drafts of one individual.

When Yue Feng came back a second time with the original document of the new utility patent, the group uniformly panicked.

Their expressions were very similar to Zhou Quan’s, and after further probing, lo and behold, the design drafts several people had bought all came from the same person.

The name was Wang Xiaofei!

A leak from one factory could be considered accidental, and Yue Feng could accommodate that within the bounds of competence, not taking it seriously enough to pursue it further,

but the same patent being stolen and sold to many manufacturers to produce at the same time was a major issue.

Not to mention, just the words “new product launch” in the promotional materials were a direct slap in Yue Feng’s face.

“Boss Yue, could it be that the factory making our products leaked the information?” Xiao Zhao’s words brought a sudden realization to Yue Feng.

“You start negotiating with these manufacturers first, I’ll make a call and find out who the hell this Wang Xiaofei really is!

Fuck!”

Yue Feng walked to a secluded area and directly called the manager of the factory responsible for the contract manufacturing.

“Hello?

Is that Teacher Yue?

What are your orders?

Our company’s order is currently under the three-shift system, working overtime to produce!” A hearty laugh from Manager Li Weixin came through the phone.

The bag factory managed by Li Weixin was also a well-known large factory in Hebei, with reasonable quotes and strong capabilities, and it had a good reputation in the field of OEM.

“Manager Li, hello, I’m at the exhibition right now, and I wanted to ask you about something!

Is there a person named Wang Xiaofei at our factory?”

“Wang Xiaofei?

Yes, but he’s already left and is no longer with our factory!” Li Weixin confirmed without any reservations.

“He’s gone?

What’s the situation with this Wang Xiaofei?”

“Ah, he’s Jiang Tianwang’s nephew!

You know Jiang Tianwang, right, the boss of Tianwang Fish Bait!

Last winter, Old Jiang called me to say his nephew wanted to start a bag factory and insisted on learning our process, so I let him stay for a few months.

He left in the month of La when the factory closed for the holidays!

Why are you asking about him?”

Yue Feng had an impression of Tianwang Fish Bait Yue Feng; their red worm and earthworm pellets and other wild fishing baits sold well and had a high market share.

Yue Feng’s store even acted as their regional distributor.

“The new trolley cases that I entrusted to your company to produce were found to have identical counterfeit versions on the first day of the exhibition!

There are four manufacturers, and after inquiring, they all said the design inspiration and drawings were bought from someone named Wang Xiaofei, and there was even a fake authorization letter!” Yue Feng stated truthfully.

Hearing this, Li Weixin was stunned.

“That can’t be!

That would be illegal!”

“That’s the reality.

I certainly wouldn’t call you for no reason just to make a joke!

What do you think we should do about this?

We’ve signed a confidentiality agreement in the past, and it’s clear that our company’s rights have been severely violated!” Yue Feng continued to inquire.

“That bastard, he’s putting me in a tight spot!

I’ll call him right now.

Rest assured, no matter what part of the chain the problem occurred in, if the responsibility is on my side, I will definitely give you a satisfactory answer!” Li Weixin said through gritted teeth.

“Okay!”

…

After hanging up the phone, Li Weixin immediately called Wang Xiaofei, but the number that used to be reachable before the end of the year was now out of service, and he also couldn’t get through on WeChat.

The man was untraceable.

Fuming, Li Weixin directly called his old friend Jiang Tianwang.

Having caused a great disaster, if taken seriously, the direct fraud would amount to over one hundred thousand, and the indirect losses and impact could be calculated based on the trolley case inventory, easily amounting to over one million.

Upon hearing this, Jiang Tianwang was also alarmed.

And the instigator, Wang Xiaofei, had scammed over a hundred thousand yuan by selling authorizations and design drawings.

He hadn’t spent a year at home, took his girlfriend to Sanya to enjoy himself, and was equally unreachable by his family.

Caught between his own nephew and a major client, neither of whom could be ignored, Jiang Tianwang shared the situation with his sister’s family and immediately set off on a quest to find the mischief-maker.

After much inquiry, they finally got in touch with him—he was happily fishing at sea.

Jiang Tianwang felt a bit upset about the trouble his nephew had caused, but he knew he was partly to blame too, so he had no choice but to make a tough call to Yue Feng to discuss a solution to minimize the damage and resolve the issue.

Recovering the over one hundred thousand yuan scammed through the patent transfer authorization fees was the easy part; the family could come up with the money to compensate.

However, negotiations hit a dead end regarding the inventory of suitcases.

Exhibitors were rarely small workshops, and the strategy for showcasing new products was to supply them immediately to reap the benefits of being the first on the market.

With this mindset, all the factories had significant stockpiles.

Zhou Quan had a minimum of five thousand units in inventory, while Shicheng Bags had prepared a whopping fifteen thousand units, and the other two factories had stocked up seven to eight thousand units each, all waiting to make a good profit after the exhibition.

Now, however, their products were found to be infringing on patents, inadvertently entangled in legal issues, and if they weren’t allowed to sell, all this inventory would be money tied up in their hands.

The total inventory cost for the few bag factories approached two million yuan, and the market price could be double that.

If the stockpile of suitcases all came from one manufacturer, ensuring consistent quality, Yue Feng could attach his own trademark and sell them off through live streaming, attempting to recover everyone’s losses as much as possible.

But each factory had its standards, and suitcases with the same design but different materials and details varied greatly in quality.

Unless Yue Feng didn’t care about his brand anymore, slapping on his trademark would surely ruin his business.

The situation reached a stalemate there; with clear evidence of infringement and a massive inventory that could not be sold, they were stuck between a rock and a hard place.

In the hallway, this was the third call Jiang Tianwang had made to Yue Feng on the first day of the exhibition.

Jiang Tianwang, “Mr.

Yue, my nephew has indeed caused you trouble!

What do you think if we make a step back, pay a fee for authorization to use your patent, and let these factories sell off their stock normally?

How about this solution?”

This proposal was quite reasonable.

Yue Feng was not interested in blackmailing or exploiting anyone.

If the other party was sincere, this was the most reasonable way to solve the problem.

“What are the details?

Tell me more!” Yue Feng’s tone had begun to soften gradually.

“Thirty thousand for each factory, that’s four of them—so a total of one hundred and twenty thousand in compensation!

What do you think?”

Hearing this figure, Yue Feng just laughed.

The innovative product his company had primarily promoted had been stolen and resold by someone else right at its launch.

And the main party responsible was only willing to pay 120 thousand yuan, as if they were shooing away a beggar.

“Heh, that’s quite generous of you!

Our Yuefeng Fishing Tackle sells a high-end suitcase for 680 yuan each.

Your compensation could buy nearly two hundred of them—quite a lot indeed!” Yue Feng said with clear reluctance.

“Then how much do you want?” Jiang Tianwang also cooled his tone upon hearing Yue Feng’s words.

With his nephew in trouble, Old Jiang was also quite annoyed.

His sister’s family couldn’t afford to pay the compensation, and it looked like it’d be coming out of his own pocket.

Even as a big boss, shelling out that kind of money for nothing was hard to swallow.

“I had planned to use this suitcase model to compete in the market!

Now, with Black Pit Fishing Gear just starting to gain traction, we’re at a critical time for broadening our impact and establishing our brand identity.

You’re someone in the know, so you understand what I’m saying, right?

But our retail price is 680 yuan for a suitcase, while other factories are manufacturing them with cheaper materials and selling them for less than 300.

Do you think that kind of market impact is something 120k can compensate for?” Yue Feng explained his case logically to the other party.

That was a reasonable argument, and if Jiang Tianwang himself were in that situation, he would have felt the same.

But one’s position is decided by where one stands, and right now, he was the one who had to pay.

“So how much do you want?” Jiang Tianwang asked again.

“A flat rate of five hundred thousand yuan!

And after those infringing factories clear out their stock, they must not continue production!” Yue Feng proposed a compensation amount that was still quite reasonable.

Five hundred thousand was simply the equivalent of selling 700 suitcases, a figure not excessive at all.

“Impossible, treating a mere suitcase as a treasure, as if its market validity is even a question!

You’re asking for the lion’s share, thinking I’m an easy mark?” Upon hearing the amount, Jiang Tianwang flatly rejected it.

An international joke; asking for five hundred thousand right off the bat, it wasn’t that he couldn’t afford it, but the number was far beyond his expectations.

The market’s endorsement of such a product could indeed be debated, but as someone who had crossed over from another life, Yue Feng had firsthand experience of its popularity in his previous life—it was a guaranteed hit, which explained why all four bag factories were willing to buy the false authorizations.

“If you can’t accept it, then let’s not talk anymore.

We’ll follow the proper legal procedure, and whatever the court awards, that’s what it will be!” Yue Feng, too, got heated.

“A man’s greed is like a snake swallowing an elephant—you go sue, I’m fucking done with this!” Jiang Tianwang, having lost his temper as well, dropped a harsh line and hung up the phone.