In fact, Li Zhenshan was also quite surprised when he heard that Lin Zhiyuan was going to use $200 million to acquire a technology company in the United States. Like Minister Wu, he also began to persuade Lin Zhiyuan earnestly to think twice before acting.

Fortunately, Lin Zhiyuan knew Li Zhenshan very well. He repeated what he had said to Liao Jinsheng on the plane. In view of Lin Zhiyuan's previous record of winning all battles, Li Zhenshan reluctantly nodded in agreement.

Convincing Li Zhenshan is only the first step. Lin Zhiyuan will have to face Minister Wu and Wen Tiangao next.

Early the next morning, Lin Zhiyuan went to the Ministry of Information Industry and waited for Minister Wu at the door before he went to work.

Minister Wu, accompanied by his secretary, just walked up the stairs and saw Lin Zhiyuan waiting for him with a smile.

Minister Wu’s first reaction was to turn around and run away, but he was the head of a department, how could he do such a thing?

Minister Wu could only walk over and asked unhappily, "When did you come back?"

"I got off the plane yesterday." Lin Zhiyuan answered politely.

"You just got home yesterday, and you come to block me today. You really go to great lengths!" Minister Wu couldn't help but mock him.

Lin Zhiyuan replied cheerfully, "For the sake of work, I have nothing to fear from a little hardship. Minister, as soon as I got off the plane yesterday, I went to the Large Work Committee to meet with Director Li and reported the matter."

After hearing this, Minister Wu finally perked up a little, "What does Director Li think?"

"Director Li said that as long as it is truly necessary, and the procedures are legal and the supervision is in place, they will not interfere too much in the behavior of the company."

Upon hearing Li Zhenshan's opinion, Minister Wu also breathed a sigh of relief.

His main concern before was that if he used $200 million to acquire an overseas technology company and suffered a loss, the responsibility would be too great. Needless to say, Lin Zhiyuan, as the chairman of the China Electronics Technology Group, would be the primary person responsible and could be demoted or even dismissed. As the leader of the administrative department, he would definitely be implicated. However, if the large working committee did not object to this matter, the responsibility borne by the ministry would be relatively small.

"Come in if you have anything to say!" Minister Wu's expression looked a little better.

After entering the house, Lin Zhiyuan used his eloquent tongue to repeat what he had said to Li Zhenshan yesterday.

Minister Wu, like Li Zhenshan, treats Lin Zhiyuan not like an ordinary subordinate, but even like a family member. In addition, he trusts Lin Zhiyuan extremely.

Minister Wu was moved by Lin Zhiyuan's strong desire to acquire an overseas company and his sincere attitude.

Lin Zhiyuan spent the whole morning trying to get Minister Wu to nod his head and agree. "Zhiyuan, there is no problem on my side, but there is no precedent in China for acquiring companies overseas. I can't make the decision on this matter, and Director Li can't make the decision either. We must report to the leaders of the State Council for final approval. But before that, you must convince other members of the team to agree to your acquisition request and finally reach a collective decision."

That afternoon, Lin Zhiyuan returned to the Electronics Technology Group. He did not rush to hold a team meeting, but talked to each member individually.

The group's leadership team now has seven members, and only four of them need to agree for the resolution to pass.

Zhan Daying and Ji Jiamu are both cadres who were transferred from the previous ministry. Lin Zhiyuan asked Minister Wu to let him do the work of these two people. With Minister Wu's help, there shouldn't be any major problems.

Since Jin Kun has joined the satellite navigation system research and development team, he is not in Yanjing now. Lin Zhiyuan made a long-distance call to him and introduced the importance of acquiring the Newark company. Jin Kun himself is a scientific researcher. After listening to Lin Zhiyuan's introduction, he immediately expressed his agreement.

"Director Lin, as a researcher, I support your decision. As far as I know, the technology you mentioned is currently unavailable in China. If we develop it ourselves, I don't know how long it will take. Acquisition is actually the most time-saving and labor-saving method. Of course, the premise is that Director Lin has confidence in the future business."

After dealing with Jin Kun, Lin Zhiyuan called Pan Lide to his office. After listening to Lin Zhiyuan's introduction, Pan Lide, who was also the chief engineer, strongly supported Lin Zhiyuan's decision.

This made Lin Zhiyuan feel a little emotional. Only those who have really done scientific research know how difficult it is, and are more willing to accept the acquisition plan. Unlike many people, they just say that if foreigners can do it, we can do it too, completely disregarding the national conditions. Passion is important, but it must also be based on respecting facts.

In terms of electronic technology, China is indeed far behind the United States.

After dealing with four members of the team, plus Lin Zhiyuan himself, he now had five votes in his hands. Lin Zhiyuan convened a team meeting the next day.

As he expected, Yuan Zhilong was the one who jumped out to raise objections.

Even though Lin Zhiyuan criticized him many times and asked him to change his identity and look at the problem from a global perspective, Yuan Zhilong just couldn't change. He still regarded himself as the general manager of Dongtian Electronics. Lin Zhiyuan kept drawing blood from Dongtian Electronics, which made Yuan Zhilong very distressed.

Lin Zhiyuan knew that older people were very stubborn, so he simply didn't explain to him and just voted directly.

What surprised Lin Zhiyuan was that the union chairman Li Hongquan also raised his hand to support his acquisition plan. Including Li Hongquan's vote, Lin Zhiyuan received a total of six votes of support and passed the acquisition plan with an overwhelming victory.

After the collective resolution was formed, Lin Zhiyuan immediately reported the resolution to the Ministry of Information Industry, the Large-Scale Working Committee and the State Council.

After the resolution was reported, it sparked considerable debate among senior officials.

Since China's reform and opening up, it has always advocated the introduction of foreign capital. Now Shenzhou Electronics Technology Group is actually going to acquire companies overseas, which is the first case among large domestic state-owned enterprises.

The senior leaders were very cautious about this matter. Two days later, Wen Tiangao met with Lin Zhiyuan.

Lin Zhiyuan is now more prepared, and his answers to Wen Tiangao's questions are well-reasoned and well-founded.

"Xiao Lin, I've read your report. It's very detailed, but I still want to ask you some questions in person. What is the nature of the company you want to acquire? Why do you insist on acquiring it?"

"Leader, Newark is researching capacitive multi-touch technology. To put it more vividly, it allows you to operate directly on the screen with your hands, replacing the mouse. This technology is still a blank in China. If we develop it ourselves, I don't know how long it will take. Acquisition is undoubtedly the most time-saving and labor-saving method at present. Leader, I mentioned in my previous work plan that one of the most important projects for me as the chairman of Shenzhou Electronics Technology Group is to develop smartphones, and Newark's technology is an important part of smartphones."

"After hearing what you said, I understand a little bit, but isn't $200 million a bit too expensive?"

"Boss, it sounds expensive at first, but if the smartphone project is successfully developed, its market will be worth hundreds of billions or even trillions of dollars in the future. Compared to that, $200 million is nothing."

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