Chapter 420 I’m just looking at you for pity

It’s unclear whether Phoenix Group’s takeover of COMAC will be a disaster for GE and Boeing.

but.

After the press conference ended, the powerful performance of the "Somersault Cloud" engine first caused an uproar internationally.

Apart from the domestic and foreign institutions that have flocked to seek cooperation and confirm the news, the most intuitive impact brought by the announcement of the performance of the "Somersault Cloud" engine is.

The stocks of several large aerospace companies in the Aramco stock market plummeted, and the stock price of GE collapsed directly.

In just half an hour of overnight futures trading, GE's stock fell by 34%, which was even more terrifying than the decline when Phoenix Group launched a price war to attack Nvidia.

Everyone knows that once Yanguo and Phoenix Group break their monopoly in the aerospace engine industry, what will it mean for established engine companies such as GE and RR.

Such consequences are happening in the chip industry next door.

The Wall Street capital backers behind GE desperately looked at the falling indicators that were all red on the screen. They originally thought they could use this opportunity to suppress the C919 to finally obtain more lucrative orders and reap a huge sum from COMAC, but they didn't expect it.

Not only did he not make any money, but he lost his wife and soldiers.

This moment.

In the entire Aramco market, all capitalists were completely panicked.

Even though there is currently no news about the actual test flight of "Somersault Cloud", there is no video material related to "Somersault Cloud", it is just the most basic verbal news announcement!

But no one dares to question the authenticity of the news released by Phoenix Group!

Yes!

The chip war has completely stunned them, and the super powerful bionic robot has destroyed their confidence!

Now they maintain 100% trust in any news from across the sea and from the Phoenix Group, because they know that the news from the Phoenix Group has not been missed!

Just when GE, the large consortium behind Boeing, and Wall Street capital were in panic, the Office of Strategic Analysis was also in chaos.

It was already one o'clock in the morning, but the lights in the strategic analyst room were still bright.

Ever since the Phoenix Group quickly announced the performance parameters of the "Somersault Cloud" and announced that the Phoenix Group had taken over 51% of COMAC's equity, everyone knew that this plan to target Yan Guo had basically failed.

Brinton sat in his office, feeling nothing but despair.

This time they were not fully prepared. Under the coordination of the largest Jewish consortium behind Aramco, it was difficult for its domestic capital and senior management to reach an agreement.

In terms of technology, they took the initiative to sacrifice hundreds of billions of interests in the entire chip industry in exchange for strategic initiative in the engine field, hoping to use the engine to force Yan Guo to retreat and bow its head!

As for the military, it also induced "Nan'an" and "New Delhi" to create military friction, preparing Yanguo to fall into long-term friction and struggle to cope with it.

In terms of public opinion, they even spent tens of billions of dollars to incite public sentiment in the Yan Kingdom, making people panic and unable to unite as one!

This set of targeting plans can be said to be using every possible means to maximize oppression and targeting.

But even though they were so fully prepared, Yan Kingdom was still defeated in the end.

No.

To be precise, it was torn apart by the Phoenix Group!

Thinking of this, Brinton sighed heavily.

If there were obvious industrial flaws in Yanguo before, then from now on, Yanguo and Ami are truly and completely on the same starting line.

There may be things that can give Yan Guo a headache, but there are no more things that can really make Yan Guo suffer from pain!

He looked at Liu Yixiu who was standing aside, and at that moment Liu Yixiu also looked at him.

Brinton forced a smile.

"Mr. Liu, if you have any ideas, please tell me."

Liu Yixiu's face turned pale, and after a while he spoke with difficulty:

"Mr. Brinton, we must change our strategy again..."

"And we may have to make concessions!"

Brinton trembled when he heard this, then closed his eyes and took a deep breath.

concession……

Such unfamiliar words, is it really our turn to give in?

…

the other side.

C919 engine supplier, GE headquarters.

Compared with the despair of the Strategic Analysis Office, after the performance of the "Somersault Cloud" engine was announced, they, who have been immersed in the field of aviation engines for many years, have a better understanding of what the release of the "Somersault Cloud" engine means to GE.

This means that COMAC’s C919 no longer needs to purchase their “LEAP-1C” engine!

This means that Yanguo's last and most serious shortcoming in the field of large aircraft manufacturing has been made up.

soon.

In a spacious conference room, all GE's top managers gathered overnight and held an emergency meeting.

The problem to be solved at the meeting is very simple, that is, they must take action immediately and do everything possible to allow COMAC to continue to perform the procurement contract.

That's right.

This is absurd and ridiculous.

Two or three months ago, COMAC was begging them, hoping that they could continue to execute the purchase contract and sell engines to them.

And now.

Things have turned around, and it is GE's turn to beg COMAC to execute the purchase contract and continue to buy their engines.

As soon as the meeting began, Vice President Johnson looked at Jack Lee, the Chinese senior executive responsible for connecting with COMAC, and said:

"Li, the relationship between us and COMAC is not very good now. It will definitely be difficult to restore the situation under normal circumstances."

"They all say that you have a lot of connections in the Yan Kingdom. Can you use your connections to convince the other party to continue to fulfill our purchase contract?"

"Even if it costs some money, it's acceptable..."

Jack Lee, a Chinese man, shook his head and said:

"It's basically impossible. Before, COMAC might have had a little hope, but now Phoenix Group has taken over COMAC... It's impossible for them not to control the purchasing department."

"And we don't have any connections in the Phoenix Group at all."

Vice President Johnson frowned, thought for a moment, and continued:

"Then can we try another way?"

"The contract between COMAC and us is still in dispute. From a legal perspective, the two parties have not actually terminated the agreement, so now we have the right to let them continue to implement the contract."

"We can threaten them to breach the contract and demand compensation for liquidated damages."

As soon as he finished speaking, Jack Lee shook his head even harder.

"Vice President, in this situation we'd better not offend COMAC again."

"To be precise, we'd better not offend Phoenix Group again. Once they retaliate against us and start a price war for engines in the future, our losses will be far more than compensation."

Johnson was clearly unhappy with what Jack Lee said.

"No, it's not a threat."

"The most important thing this time is that the Phoenix Group has developed the 'Somersault Cloud' engine, but have you noticed? Their 'Somersault Cloud' engine is a heavy-duty engine with a fan diameter of 3.5 meters and an inlet diameter of 4.5 meters.

Putting the engine on the C919 regional airliner is a complete waste."

"Even if they have the strength to develop a small-displacement engine that is more suitable for the C919, what about the time cost? What about the production capacity problem? This cannot be solved overnight!"

"So! I believe we still have a chance!"

"My idea is: on the one hand, we can take the initiative to lower the selling prices of some engines and give them profits; on the other hand, we can threaten them with high liquidated damages! They will definitely give in. Of course, if we can find an insider to speak for us,

Guest, then the certainty will be even higher!”

"As long as they continue to fulfill the purchase contract, we will be able to earn more profits from COMAC at least in the next five years!"

As soon as these words came out.

Everyone present's eyes lit up, even GE President Peter Anduni, who was sitting at the top of the meeting, couldn't help but nod.

After a while.

President Peter said:

"Johnson's approach is good."

"Let's do this. Let's not wait for COMAC's reply. In order to show our sincerity, Jack Lee, you and Johnson will go to Yan Kingdom in person and go to COMAC to discuss this matter in person."

"Even if we give up some profits, we still have to find a way to get the C919 order to gain more strategic space for us!"

"good!"

…
To be continued...