Extraordinary Genius

by Stayrr

A failed investor from 2017 got drunk and woke up in the 1980s. China is just opening up, and the economy is blooming. There is also the dissolution of the Soviet Union, the bursting of the Dot-com bubble and other financial crisis. He used his knowledge of the future and slowly build up his empire.

10. 285

Extraordinary Genius #Chapter 285 – Heavy Industrial Facilities' Sales (Part 2) - Read Extraordinary Genius Chapter 285 – Heavy Industrial Facilities' Sales (Part 2) Online - All Page - PANDA NOVEL

"Zhang Ruiqiang, this is the important report you are talking about? Utter rubbish! You say that the Soviet Union will disintegrate, I can understand. The Soviet Union's economy had collapsed now, and many people believed that the Soviet Union will disintegrate. But you even state the exact time of the disintegration? You are talking rubbish!"

The Provincial Government no. 1 was unhappy with Zhang Ruiqiang. He like's Zhang Ruigiang's devotion to his work and his capabilities. But he never expects Zhang Ruiqiang to be so eager to get credit.

The Provincial Government No.1 can understand Zhang Ruiqiang's forecast of the disintegration of the Soviet Union but to even predict the timing of the disintegration? Was it even possible? Even the leaders in the Central Government could not analyze the approximate date with the intel they got. How could Zhang Ruiqiang forecast it?

"Leader, I am not trying to fool the public. I have my own source of information. Please go through my report. My analysis of the situation is written in the report."

"Where is your information source from?" The Provincial Government No.1 was curious. Zhang Ruiqiang does not seem to be finding excuses for himself.

"Leader, I guessed you had heard of Tai Hua Trading. The private company that had bought a stake In the Machinery Company and had joint cooperation with the Motor Factory and the Aviation Factory to manufacture humidifiers and electric fans. That company had started doing trades with the Soviet Union. I had known the company's General Manager Feng Yu for more than 2 years. His Soviet Union partner is the son of a high ranking military officer under Yeltsin!"

"Who? Yeltsin?"

"That's right. Currently, in the Soviet Union, Yeltsin was the favorite candidate to replace Mikhail Gorbachev. Feng Yu had told me that the current Soviet Union's economy had collapsed, and they will need our country's support. That why our President Jiang was invited to visit the Soviet Union. But our country's support would be the reason for the downfall of Mikhail Gorbachev. Leader, think about it. What would the Soviets think if their leader sought support from another country's leader? They will think that their leader is a traitor!"

The Provincial Government No.1's eyes' widen, and he realized that Zhang Ruiqiang made senses. Mikhail Gorbachev wanted China's support, and this meant that his support had dropped to the lowest point.

Even though the Soviet Union was a strong nation, but there was a high possibility of disintegration. If Zhang Ruiqiang had gotten insider information, then he might be able to predict the exact period of the disintegration!

"Leave your report with me. I will read it."

...

Bing City's railway station manager had been busy for the past few days. Every day, he had received calls asking for his favor, and he did not know how to reject them. All the calls were asking for the same thing. They wanted train carriages to transport large machinery.

He asked his men and found out that Tai Hua Trading had imported a batch of industrial facilities and this time, it was for the heavy industries. These machines were the machines not available in China. They were blocked by the Western nations.

Tai Hua Trading had been importing light industrial machinery, but this time, they managed to import machines used in heavy industries. This was unexpected. Heavy industries were crucial for the development of a strong country. These machines were seldom exported, and Tai Hua Trading managed to get these machines.

The train station manager also heard that these machines were models after 1985 and were considered advanced machinery in the world. The Soviet Union had never exported these machines to China before. How did Tai Hua Trading get these machines and the quantity was still a lot! The most unbelievable part was the prices of those machines were only about two-thirds of the market rates!

Now, in Bing city, there were rumors that Tai Hua Trading was a government department and it represents China. That's why their machinery was so cheap. This was all for the nation's growth.

But some people said that Tai Hua Trading was a private company. However, the boss of the company was capable and could get the rare goods from the Soviet Union. There were very few people who supported this rumor. China could not even get these machines and how can a private company get it?

There were some other rumors which were spread. Feng Yu did not know whether if he should cry or laugh when he heard the stories.

Feng Yu's surname was Feng, and none of the top leaders in China had this surname. End up, Feng Yu was rumored to be the illegitimate child of one of the leaders!

These were all rumors, and Feng Yu can't be bothered with them. It might be a good thing too. No one would dare to create trouble for his company.

Although Feng Yu had some connections now, it was still not enough. In this era, a word from the leaders, could shut down or make his company prosperous overnight.

Every day, Feng Yu would just visit his company and sign some contracts. He seldom goes to school nowadays.

Kirilenko was too efficient. The number of machinery he sends to Bing City was increasing, and Wu Zhigang even had to station himself at the Railway station. Feng Yu had no choice but to stay in his office and look after the company.

Two ultra-high power electric furnaces, which the Aviation Factory bought previously, were sold to two large state-owned enterprises.

Luckily there were other furnaces and related technologies. The other large companies were fighting over this machinery.

Two other state-owned enterprises wanted to pressurize Tai Hua Trading in lowering the prices further through the City Government. But the city Government refused to do that. The city even told Tai Hua Trading about this incident.

Feng Yu immediately blacklist those two companies. Tai Hua Trading will never work with those two companies again. Even if they had offered high prices, Tai Hua Trading will also not sell them anything. After that, Feng Yu donated some things to the City Government for Zhang Ruiqiang to claim credit.

Look, these are the benefits for having people in the government.

If Feng Yu had sold his machines at higher prices, that means more taxes for the City Government. This was the City leaders' political achievements. If Tai Hua Trading were forced to sell their products at low prices, the Bing City Leaders would not agree.

Zhang Ruiqiang was someone who does not like officials making use of their authorities to gain benefits form themselves. He made a public announcement that the City Government will not interfere with a private company as long as the company does not do anything that would harm the City or Country!

Furthermore, Feng Yu had always placed the enterprises of Bing City first when it comes to selling those machines. This was followed by the companies from Longjiang Province and then it will be the companies from other regions. Even the leaders from the Provincial Government felt that Feng Yu had done the right thing. All the leaders supported Tai Hua Trading as this company had paid the highest taxes in the province.

Feng Yu actions had let Bing city's heavy industries to grow at an astonishing speed. Even the whole Longjiang province's heavy industries were affected. Bing City's leaders had still ordered some more machines and facilities from Feng Yu. With these machines, Bing City's industries will be the top in the whole of China!

Feng Yu leaned back on the sofa and hanged up the phone. He had an excited expression on his face. He got the Mikoyan MiG planes' technologies!

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Kirilenko had gotten the MIG technologies for Feng Yu. These technologies were obsolete technologies in the Soviet Union, but to China, it will save years of research.

Feng Yu immediately send the technologies to Hou Haitao once he received the documents from Kirilenko. At the same time, reminded Hou Haitao to give him all the automobile related technologies owned by the Aviation Factory.

This time Hou Haitao did not say much and immediately let his men to prepare all the documents for Feng Yu. Hou Haitao had been waiting for these MIG technologies for a long time.

"Manager Feng, you are able to get your hands on these technologies. Can you also get the shipbuilding technologies from the Soviet Union too?" Hou Haitao looked at Feng Yu.

Feng Yu: "……"

These were aircraft related technologies, and it was in line with your Aviation Factory expertise. What has shipbuilding technologies had to do with your factory?

"No. I can't get those!"

Feng Yu rejected Hou Haitao's suggestions. Kirilenko made it very clear to him that his father's influence was only in the Soviet Union's army. To get the aircraft related technologies from the air force, his father had paid a hefty price for it. It was too hard for his father to get the technologies from their Navy.

Feng Yu could understand Kirilenko's difficulties, but maybe Kirilenko still has his ways. The only problem was the price he had to pay in return for the technologies from the Soviet Union's navy. These technologies were given to the Aviation Factory at no charges, and he can't be paying for the technologies all the time.

Of course, if Feng Yu had the chance to get those technologies in the future, he would still get it. But he would not purposely ask Kirilenko to get it for him.

……

A few days later, Hou Haitao invited Feng Yu to the Aviation Factory again. Feng Yu was wondering why Hou Haitao was looking for him. He still wants the technologies from the Soviet Union's navy?

Feng Yu saw a man wearing the military uniform when he enters Hou Haitao's office. He looked at his rank and got a shock. That man was a General!!

Although Hou Haitao was also getting the benefits equivalent to a high-ranking officer, but compared to a real General, he was nothing. Who is this person? Could this person be the one who had asked him over?

"Manager Feng, come. I will introduce you. This is from General Shen, from Shenyang. General Shen, this is Manager Feng, Feng Yu." Hou Haitao warmly introduced both parties.

Feng Yu and General Shen looked at each other but did not say a word. Feng Yu was wondering why this General was looking for him. Could this be an order from the top? Damn. I had contributed so much to this country, they should not be too much. If I get pissed, I will look for other solutions!

General Shen was looking at Feng Yu carefully. He had investigated Feng Yu. Feng Yu had no backgrounds. None of his relatives up to 3 generations before him were officials. This meant that this kid had built his career with his own capabilities!

General Shen thought about his son. His son cannot be compared to this kid!

"Manager Feng, how do you do?" General Shen stretched out his hand for a handshake.

Feng Yu was surprised. This General had no airs. He was not as arrogant as he had imagined.

"Nice to meet you, General Shen. Are you looking for me? If you are looking for the Soviet Union's navy technologies, I'm sorry. I can't help you. I am willing to contribute to the country, but I am still not ready to sacrifice my life for the nation." Feng Yu said. He wanted to make things clear before General Shen asks him to get the technologies.

"Hahaha. Manager Feng is indeed interesting like what Director Hou told me. Don't worry. As long as you abide by the law, our country will not force you. I am here today to meet you. I wanted to meet the person who had imported so many advanced technologies into China. I want to see what sort of person you are!"

General Shen's reply surprised Feng Yu. Not forcing me? This can save a lot of problems. But today's meeting should not be so simple.

"Is General Shen disappointed after meeting me?" Feng Yu joked.

"I am not disappointed, but I am amazed. You are so young, yet you had made so many contributions to the nation. I cannot be compared to you. I think no one else in China can be compared to you."

This praise was a bit too much for Feng Yu to handle. However, Feng Yu was overjoyed. If only his parents were there to hear this General praising him.

"General Shen, you flattered me. How about this, today I will treat you. Let's go to the newly opened Moscow restaurant in the eastern part of the city."

"Cough……" Hou Haitao tries to remind Feng Yu of his existence in the room. This is the Aviation Factory. It should not be Feng Yu treating General Shen. What's wrong with this General Shen too? Why was he not getting into the main subject? If he drags this conversation on, this cunning Feng Yu will not let them have the chance to ask him to do things.

"Manager Feng, actually General Shen came here for some matters. We can talk about dinner later."

Feng Yu's brows twitched. Still, dare to say you have no motives to meet me? If you have no motives, why did you come to Bing City all the way from Shenyang? Just to meet me? Bullshit!

General Shen took out a badge from his pocket and pinned it on Feng Yu's chest.

Feng Yu was shocked. What's the meaning of this? You are giving me an award? Am I a kid? I had brought so many good stuff for the country, and you are just awarding me with a badge?

"Congratulations, Feng Yu. From today onwards, you are an honorable soldier of the People's army!"

Huh? I am a soldier now?

Damn! Soldiers are all volunteers. Since when do the military forces people to be soldiers?

"Wait, General Shen. What do you mean?" Feng Yu took off the badge and looked at General Shen.

"This is what it means. You are enlisted! Special enlistment. I guarantee that you will be at least a Major within 5 years!"

A Major is very big? Feng Yu was speechless. Didn't you say that you will not force me to do anything? You might think that being a soldier is honorable, but this is not wartime. Now is an era of peace. Soldiers nowadays only train every day and do disasters relief work!

What Feng Yu wanted was to be a wealthy person who does nothing but enjoys life to his fullest. This was his ideal life.

"Wait, General Shen. What special enlistment? I did not agree to anything. You cannot fool me. I know the law. Now, it is not wartime, and you cannot force me to be enlisted. I reject your offer!"

"Manager Feng, this is a good opportunity for you, and you do not need to serve in the army." Hou Haitao said.

"What do you mean?" Feng Yu was confused. If he does not need to serve in the army, then how is he a soldier?

"It is only in name. all you need to do is to contribute to the national defense."

Feng Yu wanted to spit on Hou Haitao's face. He knew that nothing was good when he was called to the Aviation Factory. Furthermore, Feng Yu was now a leader in his own company, and he manages a few thousand people. If he were to join the army, he had to listen to the orders from the top. Even idiots knew which to choose!

"I will contribute to the country when I have the opportunity. Now, I had already contributed more to the country than anyone else. Also, I am someone with a bad character, and I will disgrace the army. So, I think there is no need for me to be a soldier. You can give this opportunity to Director Hou's son."

"My son will be graduating from the University this year, and he does not need this opportunity."

Damn. Your own son to does not even want to join the army, and you are still asking me to be a soldier? In his heart, Feng Yu had branded Hou Haitao as an evil person!

"I will be entering the University too. Beijing University. General Shen, Director Hou, I still have some matters in my company. I will make a move first. These few days, I will be traveling too. Please do not call me."

Feng Yu left. He was prepared to fall out with Hou Haitao if he still talks to him about joining the military again!

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General Shen and Hou Haitao looked at each other and sighed. Feng Yu really had no intentions to join the military.

Actually, General Shen was really here to meet Feng Yu along the way. The main reason why he was at Bing City was to speak to Hou Haitao. Hou Haitao was also looking forward to General Shen.

Bing City Aviation Factory was formerly a military factory, and it was manufacturing fighter jets. The Aviation Factory was considered one of China's earlier military factories. But after the last reform, the Aviation Factory was converted to a civilian factory.

It was from then onwards, Bing City Aviation Factory started its automobile project. The Aviation Factory had thought that they would make some profits by incorporating their jet engines technologies into automobile engines.

But they were located too close to FAW, and the cars they produced were nothing special and the sales were not as good as they expected. Although they did not make any losses, they did not make any profits either.

The Aviation Factory then started to manufacture small aircraft and wanted to make profits from those. But the sales were not good.

If it wasn't for the humidifiers, the Aviation Factory might even turn their helicopters into civilian use helicopters to make ends meet.

The main reason for Aviation Factory's woes was lack of planning and ability to adapt to the market changes. They do not know how to produce products to meet the needs of the consumers. Even with superior technologies, if they do not know how to market their products, they would not make any profits.

But the Aviation Factory was considered not bad. Many military factories that were converted to civilian factories were bankrupted. Even if the factories were not bankrupt, they were a burden to the local government. There were many such instances in Feng Yu's past life.

Feng Yu really despised the leaders of this era. They had the technologies and manufacturing capabilities of a military factory, but they do not know how to make use of those capabilities to make money.

Look at the US and the Soviet Union, these countries were exporting their weapons. They made money by selling their obsoleted weapons, and they could still keep their newest technologies and even cover their cost of developing those technologies.

China leaders insist on not selling weapons. They felt China was a peace-loving country and they should not be selling weapons. The countries surrounding China, like Malaysia, Japan, Korea, etc. were all talking about China's threat to the region. You think by not selling weapons, those countries will not believe China is a threat to them?

Since China was considered a threat to those countries no matter what China does, why not just ignore them? Many of these leaders do not understand this.

Those countries will group together and try to stop China's growth.

The reforms of those military factories to civilian factories were converting 2/3 of the factory to produce products for the civilians. But how many of these factories could survive? There were less than 10% of these factories that survived. These factories do not know how to make use of their military technologies on civilian products.

As such, there was a weird phenomenon in China. Whenever a popular product appears in China, there will be similar products from different brands. End up, all factories did not make any profits and suffer losses together!

Initially, the Aviation Factory's conversion was not considered successful, but it did not make any losses. It was only from two years ago, the Aviation Factory made profits. That was because of the humidifiers, and later, the factory bought an ultra-high power electric furnace. With the furnace, the Aviation Factory made some technological breakthroughs and lower their helicopter's cost of productions.

The leaders from the top start to notice the Aviation Factory again and felt that Hou Haitao was quite capable. Soon, Hou Haitao surprises them again by getting some Soviet Union's aircraft engines technologies. These technologies were crucial to China.

But the Aviation Factory does not have sophisticated research facilities, and that's why Shenyang Army gave an order to take the technologies and engines away.

However, Hou Haitao got new helicopter technologies after that. The Aviation factories were experts on helicopters and this time, the higher-ups had no reasons to take away those technologies.

To research on those technologies, the Aviation Factory requires lots of funds. They could only apply for an extra budget from the top.

Hou Haitao's greatest wish was to let the Aviation Factory to be converted back to a military factory.

In the past, the City Government and even the Provincial Government could not do anything to the Aviation Factory. Now, even the City Government could interfere in the Aviation Factory's acquisition of a plot of land. This thing that pisses Hou Haitao the most was the taxes imposed on the Aviation Factory. The Aviation Factory had to pay a lot of taxes to the City, and they did not enjoy the same subsidies as other state-own enterprises.

Now, Hou Haitao had the opportunity. Hou Haitao had gotten the MIG fighter jet technologies because of Feng Yu. The higher-ups knew the importance of these technologies and they were considering Hou Haitao's request to convert Aviation Factory back to be a military factory.

General Shen had come to Bing City to talk to Hou Haitao. He represented the military and wanted to speak to Hou Haitao about converting the Aviation Factory into a 50% military, 50% civilian factory. This would be similar to Japan and the Western countries military factories.

Of course, the Aviation Factory will not need to pay any more taxes and still be able to enjoy the government subsidies for private factories. At the same time, Hou Haitao would be given the rank of a Major.

The higher-ups had already decided. Hou Haitao wanted to get more benefits and supports.

Hou Haitao remembered Feng Yu telling him that Japan's Mitsubishi, Fuji, Nikon, etc. were all formerly military factories. Although these factories were all civilian factories now, they were still doing RD for the military and using those RD results for products for the civilian. The money earned from the products sold to the civilians could even fund their military research. Should a war break out, these factories could manufacture military products immediately!

Mitsubishi had manufactured tanks, Fuji had made aircraft, and Nikon had manufactured scopes for the military. But the trucks, cars, and cameras produced by these brands were very popular in the world and had earned a lot of money for these companies.

Combining both military and civilian factories together was a suggestion by Feng Yu. This was modeled after some successful companies in developed western countries. There were no factories in China currently that had used this model. Feng Yu had told Hou Haitao that if he succeeded, he would be China's first Factory director that succeeded and would leave his name in history.

Feng Yu was only casually talking about this with Hou Haitao, but Hou Haitao kept it in mind. He treated this as his goal and had been working hard towards this goal.

Now, Hou Haitao had gotten this opportunity, and he does not want to give up. It was hard for the higher-ups to decide about this as this would be a first for China.

Military factories are military factories. Civilian factories are civilian factories. How can both be mixed together? Even if this type of factories exists overseas, it might not be suitable for China!

Hou Haitao even wanted both the benefits of military and civilian factories, and still wanted to manufacture products for civilians. This was not a small sum for the government.

Finally, the higher-ups decided to let Bing city Aviation Factory act as a test. If the Aviation Factory succeeded, it would help the rest of the converted military factories.

Feng Yu did not know about this. With just a casual remark, he had made significant changes to China's factories. When Hou Haitao was talking to General Shen, Feng Yu was watching the news. The "Great One" was visiting the south!

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About two weeks ago, the stock market had fallen a bit, and Feng Yu had sent his men to buy in the shares. He used all his available funds to purchase the shares of the listed companies on the Shanghai stock exchange and Shenzhen stock exchange.

Feng Yu clearly remembered that in his past life, after the "Great One" visited the south and made a speech about the financial market, many people started buying shares. This lead to the market increasing by over 500% with a few days.

Feng Yu had analyzed before. With the government's policies and the people's ignorance of the financial market and the habits of following trends, China's stock market will enter its first bull market.

Feng Yu did not use his funds in Hong Kong. He was still letting He Zhaoji use his funds to trade in London Gold. Feng Yu had thought of using those funds to buy these shares.

But it was troublesome to transfer funds from overseas to China in the current era. Even if Feng Yu had successfully transferred his funds into China, he would not be about to buy many shares. It will be even harder for him to move his funds out of China.

Feng Yu only repaid his Hong Kong's banks loans and got back all the shares he mortgaged. Just with the money, he earned from those shares, he could do a lot of things in China.

Current China was still very backward, and the laws were not as well covered as the future years. Feng Yu does not want to attract unwanted attention from others.

If he were only slightly ahead of others, he would be considered a genius. If he were way ahead of others, he would be regarded as a freak!

……

"I want 10,000 RMB Vacuum Electronics' shares. What? No more? Then I want the shares of Light Industry Textiles. Hurry up."

"It's my turn. What other shares are available? Fine. I will want that shares too. 8,000 RMB."

"I want 10,000 RMB worth of shares. I want whatever shares you have!" Someone wearing a big gold ring shouted. After shouting, he looked at the people around him arrogantly.

The other customers were gasping in shock. They envied this person. This person must be one of those earlier businessmen who had made a fortune.

At the same time, this person also gave the others confidence about the stock market. Those earlier businessmen were the smarter ones and the ones who were capable. Since the businessmen were also buying shares, that means shares will surely make money. Everyone started to follow the trend and buy stocks.

The two stock exchanges had lots of transactions of people buying in shares. Some people sold their share and made some profits.

But those who had sold their shares early soon regretted. They thought that the share prices were already very high when they sold. It had risen by over 30%, and it was still growing.

Since it was still rising, these people started buying in the shares again. Tomorrow, the prices should go up again.

Not only the two stock exchanges were busy. Even the banks' investment counters in all cities were busy. People were queuing up to buy shares.

The staff behind the counter had not stopped working since morning until the market closes.

After the trading ended, the staffs tabulated their day's stock sales, and the volume was more than 10 times in the past days. Share prices kept increasing.

Shares were so profitable? Just today alone, the shares prices had risen by 50%. If they had invested 1,000 RMB, it would become 1,500 RMB. If the investment were 10,000 RMB, the returns would be 5,000 RMB. This was more than the staffs' 2 to 3 years salaries!

Now, shares were selling like hotcakes, and many people could not even buy shares even when they had the money. But the bank staffs were the one processing the transactions and sales. Other people might not be able to get the shares, but this was not the case for the bank staffs. No one will know if they keep the shares sold by others for themselves.

Although they were not allowed to do this, they can let their family members buy those shares.

……

"Xiao Yu, have you seen today's stock market? The shares had risen!" During dinner, Li Shiqiang excitedly said to Feng Yu.

Feng Yu slowly picked up a piece of braised ribs and put into his mouth: "I know. I had told you before that the shares will surely rise."

"Then should we sell off the shares tomorrow?" Li Shiqiang asked.

Even Wen Dongjun was looking at Feng Yu. His family had also bought tens of thousands RMB worth of shares.

"Tomorrow? No. Wait. The earliest will be next week. This week, the shares will be rising the fastest, and it should slow down next week. Even though the shares will still rise, but it will not be increasing so fast. We can slowly sell off our shares to prevent any large fluctuations in the prices."

"Then this week, how much can make the shares rise?" Wen Dongjun looked at Feng Yu.

"I had said this to you earlier. The shares should rise at least 3 to 5 times. I estimate that our shares will rise more than 5 times!"

"5 times!?" Wen Dongjun and Li Shiqiang looked at each other. They were ecstatic!

This investment was too good to be true. This was better than robbing the bank! They had thought their investments would yield 3 times profits and it would be considered a lot. But they never expect their returns to be 5 times.

The both of them still did not know that the 5 times Feng Yu said was this week's increase. Their shares had increased almost double in value since the day they bought it. That means their shares' value would increase by close to 10 times!

Feng Yu had set his target to be 8 times. Now, it seems that he would achieve his goal. He would be able to raise enough funds for his future plans.

After dinner, Wen Dongjun immediately calls home and tell his family that the shares had increased and next week he would sell off the shares. The tens of thousands RMB, his family, had invested would become more than 200,000 RMB!

Wen Deguang breathed heavily. Over 200,000 RMB! He had only invested so little, and he would be satisfied to just get back double his investments. This money was for his son. Now, it seems that the returns were much more than he had expected!

If his family had made so many profits, what about the Feng family? The Feng family had more money than him in the past and had invested more than him. That means the Feng family had made a few million?

Wen Deguang was not sure how much money Feng Yu had and how much was invested. He thought that a few million would be a massive amount.

Old Feng's family have someone capable. Luckily, this Feng Yu was close friends with his son Wen Dongjun. He knew his son would go far with a friend like Feng Yu.

Even if his son could not be an official, he could help Feng Yu with his business. It should not be a problem for his son to make a fortune.

Wen Deguang took out a bottle of wine which he kept for years. He wanted to celebrate with Old Feng.

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"Have you sold all the shares today? It's time to return the money." A young man in his 20s said while swirling a glass of red wine in his hand.

If it were 10 years later, this scene would be normal. But now, there were very few people in China who drinks red wine. This person was way ahead of everybody else.

"Master Lu, all the shares were sold. In less than 10 days, our money had increased by over 6 times!"

Master Lu smiled. Other people might not know that the shares will rise so fast, but he knew. His uncle was a high ranking official with the central government, and he was in charge of China's financial market.

His uncle had no son. He only has a daughter, and Master Lu was the groomed by his uncle to be their family's next head. Master Lu might be in his early 20s and had just graduated two years ago from the university, but he was already a deputy chief with the government. Next year, he would be promoted to Chief, and this was due to his background.

Master Lu was not like the generations before him. He likes to enjoy life. How can he live without money? These type of people dares to sell official documents, but Master Lu was not interested in doing this. He prefers to make use of the information he got from his uncle to make money.

This time, he invested in shares was also because of his uncle. He borrowed 1 million from others, and within 10 days, he got 6 million. This was better than selling official documents.

Furthermore, no one could say anything about him doing this. He used other people's name to invest and the returns, he would use some other methods to transfer to him and his men.

"Hmmm, you have done well. Take 100,000 RMB for your mother to buy some tonics." Master Lu said.

"Thank you, Master Lu."

"Are you the one that attracted the most attention when you sell off the shares?" Master Lu smilingly asked. Selling millions of shares should be the center of attention.

Huh? Why was his expression like this? Could it be someone selling more shares than me?

"Master Lu, I had followed your orders and went to the Shanghai Stock Exchange to sell the shares. But today there were a few big players there. Their transactions were all over 5 million RMB. There were even some that traded over 10 million. From their accents, they seem to be from the Northeast."

Master Lu had wanted to boost in front of his friends and let them know that he was the one that knew how to make the most money. But today, he was shadowed by others. Master Lu's transactions were not even in the top 5. How can he still boost?

Northeast? Master Lu was lost in his thoughts. Who is from Northeast? He had never heard of anyone from the northeast that had the power to do so many transactions. The children of the leaders in the 3 provinces were all working with the government quietly, and they were all in their 30s. They were all working hard for their careers and would not jeopardize their career for money.

But if it was not them, who else can these big players be?

"Go and find out who is the one that traded such a high volume of shares. They are worth befriending."

No matter who this person was, he must be capable for him to invest so much money. This person was worth knowing. Now it was the era of free economy, and if he was posted to the grounds, he could quickly get some investments in the region he oversaw. This was also considered a political achievement. Coupled with his family background, it would be effortless for him to be promoted.

But Master Lu never expected that the few people from the Northeast had no strong backings. They were all employees of Tai Hua Trading.

Feng Yu had asked Li Shiqiang to bring his men to sell off the shares at Shanghai Stock exchange. Feng Yu, on the other hand, lead another team to the Shenzhen Stock exchange to sell off the shares that were mortgaged to the Hong Kong's banks.

Feng Yu had thought that these few million shares will not attract attention, but things had been going on too smoothly for him these few months. He had forgotten that the total shares in the Chinese market was not a lot. The total volume of shares traded in a day at Shanghai Stock exchange was only about 5 million in the past. Now, with the bull market, the total amount had increased to about 50 million. But Feng Yu's transactions were in millions and even tens of millions. This was more than 10% of the total transactions. They kept selling their shares, and this had affected the market.

Luckily for Feng Yu, the people now were crazy over the stock market. Even when Feng Yu was selling off the shares at high volume, the shares prices did not fall. It was still increasing steadily.

Those workers of the state-owned enterprises, that were assigned with shares were all regretting. If they had known stocks were so profitable, they would have requested for more shares in the past. This was much better than their salaries.

Many of these workers also started to invest in shares. Anyway, most of them were sitting in the office and had nothing to do.

The funds from these people entered the stock market, and this caused the stock market to continue with the bull run. As such, Feng Yu's selling of stocks did not suppress the share prices.

After selling a few hundred million shares, Feng Yu received a call from Li Shiqiang. Someone was trying to find out about Li Shiqiang and his men's background.

This message alarmed Feng Yu. Although what he was doing was legal, but in the era, there were many government officials and their family members that were unreasonable. This was trouble.

Feng Yu immediately ask Li Shiqiang to leave Shanghai Stock exchange and sell the shares in other cities. Feng Yu also left Shenzhen Stock exchange for other cities to quickly sell off his shares.

Feng Yu had thought that he would not attract unwanted attention if he went to the stock exchanges. The transactions at the stock exchanges were bigger, but they had sold their shares too fast. If there were electronic transactions, it would be safer and more convenient. This was the golden era, but the development was still too slow.

Since now people were trying to find out their identities, then it should not be some officials from the top. Feng Yu biggest worries were some arrogant officials' second generations. These people have the authority and will not obey the rules.

Feng Yu was not really scared of these people. If these people dare to use underhand methods against him, he was confident that he could use his wealth and connections to bring down the officials. When one's wealth reaches a certain amount, he would be as powerful as a high ranking official!

Feng Yu likes to make friends. This was a habit he had from his previous life. You do know what connections your new friends have, and maybe a piece of information from them will let you earn a sum of money.

Others were trying to find out about Feng Yu, and Feng Yu also let his men find out who the other party was.

If the other party was only interested in befriending him, Feng Yu does not mind. However, if the other party was jealous of him, and wanted to take advantage of him, then they must be prepared for his retaliation.

Early June, Tai Hua Trading had sold off all their shares. Feng Yu actually wanted to keep some of the shares. But someone was trying to investigate him, Feng Yu did not keep any shares. He sold every single stock he held. This was also a way to flaunt his power. A company with assets of over a billion RMB cannot be bullied easily!

……

"Master Lu, I had found out about those people. They were all employees of a company call Tai Hua Trading. This company is registered in Bing city, and they were doing Sino-Soviet trades. The person in charge of the company is a person named Feng Yu."

"Bing City? The surname is Feng?" Master Lu held his chin and thought. There were no top officials with the surname Feng. Where did this Feng Yu come out from?

At the same time, Feng Yu also found out who was investigating about him. When he found out that it was Master Lu, Feng Yu's eyes widen. It's him!

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This Master Lu was a legend. In the future, Master Lu will be a member of a group "China's 4 Young Masters". Master Lu did not remain with the government in the future, and he went into business. He was one of the top businessmen in China.

His reputation was fine, and no one had heard that he had used his authority to bully anyone. There were also rumors that he was someone who values friendships and still like to stick his nose into another people's business. That why he did not remain with the government. But he still had his influences in the government.

It can be said that this Master Lu was someone Feng Yu admire. He did not have the chance to know this person in his previous life, but now, he has the opportunity to befriend Master Lu.

Master Lu wants to treat Feng Yu to a drink.

After Master Lu found out Feng Yu's identity, he was also astounded by Feng Yu's growth. Before Feng Yu turned 15, he was an ordinary teenager. But after 15 years old, he suddenly changed.

The businesses Feng Yu started all made money. Feng Yu started the famous Wind and Rain humidifiers and bladeless fans, Songjiang Motorcycles. Feng Yu was considered a legend of this era.

The thing that surprises Master Lu most was that Feng Yu's influence in the Longjiang region. Not only he had a good relationship with the City Government, and even the Provincial Government's leaders were always praising. Feng Yu also had some connections with the military.

Master Lu really wanted to know someone like Feng Yu. If they could get along well, they might become friends. He wants to know how Feng Yu could make money in every business he does! It would even be better if they could become partners.

If it were in the past, Feng Yu would have rushed to get to know Master Lu. But now, Feng Yu's status was different. There was no need to look up to this Master Lu. Feng Yu could still accept being friends with Master Lu on the equal standing. If this Master Lu wanted to take advantage of Feng Yu, Feng Yu could fight back!

Beijing. There was a table of guests in a private room of a restaurant which had not started operation.

Master Lu saw Feng Yu walking in alone and was shocked. He thought for a while and asked his men to leave the room. Only Feng Yu and he remain in the private room.

This lets Feng Yu felt more comfortable. Master Lu had a strong background but seems like he does not have any airs. No wonder this Master Lu had so many friends. Even when his uncle retires, Master Lu was still very popular in his circle of friends.

"I have heard of you, and today I finally got the chance to meet you. Manager Feng is indeed young and capable." Master Lu said when he saw Feng Yu. When he was still at Feng Yu's age, he was still fighting with others.

"I cannot be compared to Master Lu. I had heard of Master Lu's loyalty to friends even in Bing City." Feng Yu flattered.

Actually, Master Lu was a bit famous in Beijing now. In a few more years, he would become more famous when his uncle got promoted.

Master Lu smiled when he heard what Feng Yu said.

"These are all rumors that were spread by some friends. Manager Feng, this is the menu. What do you like to eat?"

"Master Lu can make the decision. I am not picky about food."

Master Lu nodded and shouted towards the door to serve dinner. The restaurant starts to bring in the food, and within 10 minutes, the table was full of dishes. Master Lu had already ordered the food, and if Feng Yu wanted to order some other dishes, then the restaurant will have to prepare. But since Feng Yu did not order anything, the dishes could be served immediately.

The whole restaurant was only serving this table, and the food was served fast.

"Manager Feng, what type of drinks do you like?"

Feng Yu suddenly remembered in his past life, there were rumors that only 3 things could interest Master Lu. Women, wine, and money. Feng Yu was not picky about his liquor. Why not drink some wine?

"I am not good at drinking. I will drink some red wine with Master Lu."

Master Lu was happy. He seldom meets people who like wine. Just loving wine alone, he had a good impression of Feng Yu. He was even more thrilled when he saw Feng Yu slowly savoring the taste of the wine and did not complain about the dryness of the wine.

"Do you need anything from me or you just want to befriend me?" Feng Yu asked and smiled.

Master Lu was more impressed by Feng Yu. He had met lots of wealthy people before, and those businessmen he met were all holding back when they met. This Feng Yu was speaking to him casually, and he finds this interesting.

Many people want to curry favor with him. They were all eyeing the authority of his uncle. Master Lu had very few real friends. Even those people in his circle, who had similar backgrounds as him, were not real friends with him. He always felt that there was a barrier between him and those people.

"I had invited you to this dinner was because of some matters, and I also want to befriend you. Let's just put it this way. I am very curious about you and how you can make your fortune in such a short time. You can be considered one of the wealthiest person in China." Master Lu said.

He knew Feng Yu had made a lot of money. But he was not sure how much Feng Yu had made. He heard that Feng Yu had taken loans to invest in stocks. His profits should be a few hundred million RMB. There was not many in China that made so much from legitimate businesses.

Feng Yu laughed and waved his hands: "Master Lu thinks that I had made a lot of money, but you do not know I had even more loans. I owed the banks in China, Hong Kong, and the Soviet Union. I owed a lot of money. I can be considered working for the banks now. The bank interest is too high, and I might need 3 to 5 years to clear my debts."

Master Lu raised his eyebrows. Feng Yu still owed the banks a lot of money? He must also have the capabilities to take out so many loans in the first place.

"Manager Feng is too cautious. I only wanted to invest in your company. It doesn't matter how much shares I get. You can charge me base on your company's market value. I am not arrogant, but I really have some connections. If Manager Feng's company run into some trouble in the future, I might be able to help you."

All this while, it was Feng Yu buying a stake in other people's company. Today, someone wanted to buy a share of his company. Feng Yu was really tempted by this offer.

This could clear some issues faced by his company, and even if Feng Yu fall out with Master Lu in the future, Feng Yu would have accumulated enough wealth. By that time, Master Lu would think twice before he dares to fall out with Feng Yu.

Also, Master Lu investment in Feng Yu's company had another benefit. If Feng Yu wanted to continue buying up the shares of the Machinery company now, the City Government would never agree.

But with Master Lu's involvement, Feng Yu can quickly set up factories in Jinling and Dongguan at the same time. This would dilute the City's shares further. As for whether this plan would succeed, it would depend on Master Lu's influences.

Feng Yu's investment in the recent months might be a bit rush, but China's automobile and motorcycle market will increase soon. The production must be able to keep up with the demand and not let the imported cars control the market.

If Feng Yu could get more production lines from the Soviet Union, Feng Yu even want to set up branch factories in Ludong and Changan. This way, he could access to the whole country quickly and also export his cars.

"Master Lu, have you heard of Bing City's Machinery Company? My family is the major shareholder, and the popular Songjiang motorcycles on the market are from this company. We are starting our automobile project soon. We had imported the production lines from the Soviet Union and will be using new design concepts. The motorcycle project will also be expanding, and our goal is to be the world's number one. But Bing City Government is a shareholder. If Master Lu can convince the City Government to allow me to continue to inject funds into the company and set up more branch factories, I can give 10 million RMB shares!"

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10 million RMB worth of shares!

Master Lu was shocked by Feng Yu's generosity!

He was someone who had seen considerable amounts of money before. Even a few million RMB will not attract his attention. But never in his life, he had met someone that would give him 10 million RMB in exchange for some favors.

This 10 million RMB was still not cash. It was shares. Every company Feng Yu invested in, made lots of profits. This was equivalent to giving him a long-term stable investment with lots of returns.

Master Lu looked at Feng Yu and thought deeply. If Feng Yu was willing to give him so many shares, then the things he mentioned should not be an easy task.

It was impossible for a businessman to give away his wealth for nothing. He evidently wants something back in return, and that something will be more valuable than what the businessman gave out. If not, that person is not a qualified businessman.

Master Lu had done a background check on Feng Yu, and he knew that Feng Yu was not only a qualified businessman but a successful businessman.

"Manager Feng, can you tell me in detail what you really want me to do?"

"This Machinery Company was originally a state-owned enterprise owned by the City Government. But later, this company was restructured, and I had used technologies to exchange for a stake in the company. Then I used machinery and equipment to get the shares from another shareholder. Later, I used technologies and machines to invest in the company. Now, I am the biggest shareholder in the company and owns more than 50% shares. The City Government was not happy about this. But now, the company needs to expand and capture the market share. This would need more investments. Bing City Government does not have so much money, and if they want to stop me, there was nothing I could do even if I am the biggest shareholder. After all, most of the people in the factories were all from Bing City, and they were the former employees of the former Machinery Factory……"

Feng Yu explained the issues he was facing. Administrative interferences was a hinder to the development of a company. Feng Yu had promised that he would not dilute the City's shares further, but he needs to plan for the company's growth and need to build additional factories. This was the only way to capture the automobile market in a short period of time. He does not want to let the Japanese and German automobile companies the chance to take over the Chinese market!

If there were a policy from the top that encourages the development of privately owned companies and stops the local government from interfering, it would solve Feng Yu's problems.

When that happens, Feng Yu would go to the City Government and show them the big picture. He believed the City would agree to set up branch factories. Also, the City government would not have enough funds to invest further, and their shares will be diluted further.

Feng Yu wants to be the controlling shareholder. He needs to own over 67% shares! Although he had the support of the Fu family, Feng Yu does not trust the Fu family entirely now. It would be safer for him to own the shares himself.

Feng Yu still have about 1 billion RMB left after repaying his debts to the bank. 100 million RMB was more than enough to set up a new factory. However, Feng Yu was still not sure if Kirilenko could buy more production lines for him.

After investing in Kirilenko's mining enterprise, Kirilenko had given Feng Yu the equipment and technologies he promised. Feng Yu had also made some profits from those. The most expensive ones were the military-related stuff, like aircraft engines, fighter jest manufacturing technologies, etc. These were all given to the Aviation Factory. There were some other generator related technologies which were given to the Motor Factory. In return, Feng Yu got back the humidifiers shares, automobile related, and batteries associated technologies.

Although it may seem like Feng Yu was making a loss, but Hou Haitao had helped him a lot and saved him from a lot of problems. Also, in the future, Feng Yu would get back whatever he put in, as technological development was the core of any enterprise.

If Feng Yu were to set up 5 new factories for the automobile, he needs to prepare some reserve funds and invest in the RD. If he does the same for the motorcycles, then Feng Yu's 1 billion RMB might not even be enough!

Looking at Toyota, one can tell how profitable the automobile industry will be in the future. World's top 500 companies, top 100 brands, world's top automobile manufacturer and their most lucrative market is the Chinese market.

Volvo, General Motors, Mercedes, BMW, etc. automobiles companies were all fighting for the Chinese market. Their sales in China, make up a significant percentage of their total sales.

If Japan's Toyota, from an area so small, can become the top company in the world, then China, with such high population and so many good engineers, coupled with the engineers Feng Yu recruited from the Soviet Union and Feng Yu's "future vision", he could capture the Chinese market easily.

It was just like South Korea's automobile companies. They asked their fellow countrymen to support their own brands and then slowly improve their technologies.

In the future, it was until that person from Hangzhou appears, China finally has its own well-known automobile brand. That person from Hangzhou had a famous saying, and Feng Yu had said it to Zhang Ruiqiang before: Cars are just one engine and four wheels. Since we know how to build these, why can't we make cars?

What Feng Yu wanted now was a policy from the central government or let the City Government not to interfere with his plans. This way, Feng Yu could continue to use his wealth and machines to dilute the city's shares and complete his plans.

In 5 years' time, Feng Yu wants his Songjiang cars to be known all around China and even overseas.

After the was implemented in 1994, many of China's automobile companies were restructured after running into difficulties. Some were even taken over!

Master Lu thought for a while and asked Feng Yu: "Issuing a new government policy is hard. But I will get people to try to speak to the central government. You must make it large scale. If you are only setting up 1 branch factory, it would be hard. But if you are setting up 3 branch factories, maybe the higher-up will look into it!"

Feng Yu got Master Lu's hint. Master Lu was telling Feng Yu to make it large scale. Once the company reaches a certain scale, the City Government could no longer hold him back.

This was in-line with what Feng Yu wanted. He wanted to set up a large enterprise.

"Master Lu, if I am going to set up more than 3 factories for automobile and motorcycle, and my motorcycle factories' annual production will not be less than 100,000 motorcycles for each factory, my automobile factory's annual production will not be less than 50,000 cars, will it attract the attention of the higher-ups?"

3 automobile branch factories and the factory in Bing City, the annual automobile production will be 200,000 units. This would surely let the higher-ups pay attention to him. If it was not enough, then Feng Yu can set up 2 more factories. Feng Yu have the money. Now, in China, the annual production of automobiles was not high, and Feng Yu mentioned that he will not only be manufacturing cars, he will also be buying the production line for trucks. China will definitely welcome him.

China had already allowed foreign investment, why they can't allow the Machinery Company to develop the automobile industry?

This Feng Yu was more powerful than expected. In the future, if Master Lu were assigned to the local government, it would be easy for Feng Yu to make some investment in the region he oversees.

Master Lu was determined to befriend Feng Yu!

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Kirilenko had received a call from Feng Yu. Feng Yu wanted to order a large number of motorcycle and automobile production lines, including the production line for trucks. Kirilenko was surprised.

What was Feng Yu going to do? Does he want to empty the Soviet Union industry? Even though these equipment were not worth much now, but they were not given away free. How many cars can you sell in China annually? Why are you wasting your money to buy so many production lines?

But Feng Yu was using daily necessities to exchange to those production lines. Kirilenko could not reject this offer. Feng Yu had told him to lower the mine productions and resume the normal operations after the Soviet Union had disintegrated. That's why the Mining Enterprise was not making money now.

If it weren't for Feng Yu injecting so many funds into the company, Kirilenko would not be able to cope. Kirilenko had invested all his available funds into this company and resulted in a decline of his lifestyle.

Feng Yu's ordering of production lines was a chance of him making money. How could he miss it?

Kirilenko had found a new goal. He starts to contact those motorcycle and automobile factories. Those facilities that could be dismantled were all dismantled. Kirilenko was more experienced now, and he chose those factories that were outside of Russia.

The Soviet Union's disintegration was bound to happen. Kirilenko's father had got the confirmation from Yeltsin, and it was the same as what Feng Yu had predicted. This year, the disintegration will occur.

Feng Yu had told Kirilenko that this would happen between October and December. Although his father did not confirm this, Kirilenko still believed Feng Yu.

Since the Soviet Union will disintegrate, then his father will surely stick to Yeltsin. If he sells Russia's industrial facilities, it will not be good for his father's reputation. As such, he chose other allied countries. Even if they charged him higher rates, he also does not mind.

Kirilenko suddenly remembered the time when Feng Yu approached him to get loans and asked him to contact the banks from the allied countries but not from Russia. Russia was Kirilenko's home. This showed that Feng Yu had kept this in mind.

Since Feng Yu had thought of taking care of him, Kirilenko decided to earn lesser this time and treat it as a form of repayment to Feng Yu.

After ordering the equipment and Kirilenko promised Feng Yu that he would be able to get what he wanted, Feng Yu went to Bing City's government.

……

"Mayor Zhang, my plans will influence our country's future developments and will also let our country to catch up with Japan and the Western countries. This is for the good of our nation. Why you do not agree?"

"You are too ambitious! I do not think that your automobile project will succeed in the first place and now you want to build 5 more automobile factories? Are you crazy?"

"These branch factories do not need the city to invest a single cent. I will make all the investments, negotiations with the local government, equipment, land, construction of the factories and even training of the workers. What are you afraid of?"

"Where did you get so much money?" Zhang Ruiqiang asked.

"I earned it. I can let you investigate every single cent, Do I still need to use illegal ways to earn money?" Feng Yu felt that Zhang Ruiqiang's question was ridiculous.

"You earn it yourself? Every single cent you earned is from the workers' hard work. Have you done any market research? This is a big project, and if your products do not sell, it will be a waste! It will be wasting your money and also waste the efforts of every single worker! When this happens, the factory will close down, and there will be chaos!" Zhang Ruiqiang banged his desk and shouted.

Feng Yu looked at Zhang Ruiqiang: "You think that making cars will surely fail and the factories will bankrupt? It will affect the economy and will waste resources?"

"Am I wrong? What is the annual production of automobiles in China now? You know how many cars are there in China now and how many of these cars are privately owned?"

Feng Yu seriously said: "Now, in China, there are about 3.3 million automobiles and it includes 2.1 million trucks. There are about 1.2 million cars. I had done my research."

Feng Yu did not start these projects blindly. He had done his research, and he even knows more detailed information.

"There are only about 1.2 million cars, and you want to manufacture 200,000 annually? This is being ambitious?" Zhang Ruiqiang got angrier when he heard what Feng Yu had said. You had already done your research and yet you still want to start this project? Are you stupid?

Feng Yu laughed and continued: "What I had just said are those automobiles that are registered. There are more than 10% of this figure which is not registered. For example, out Longjiang province have many Lada that was smuggled in. Also, from 1984 to 1987, our country had imported about 640,000 cars. This shows that the demand for cars is increasing. To be self-sufficient, SAIC Motors, FAW, and Guangzhou Automobile were restructured and allows investors to invest. But the ones who made the most profits are not us. It is the foreign investors that had used their technologies to invest in these companies. Now, I am trying to build our own brand and stop those foreign investors from taking advantage of us!"

Although there were not a lot of automobiles in China now, it was these recent years that the number of automobiles increases. The demand for automobiles will increase further, and in Feng Yu's past life, it was also during this time when German and Japanese companies entered joint ventures with Chinese automobile manufacturers. Their cars entered the Chinese market in large volumes, and the saddest part was those Chinese companies were using the foreign brands. This resulted in China not having their own brand. This had also let the imported German, and Japanese cars controlled the Chinese automobile market.

"You also know that we had many joint partnership factories. Then you should also know that those factories had strong backings and those factories had government policies to support them. How are you going to compete with them? What makes you so sure that you can survive in this industry and not be eliminated?"

Zhang Ruiqiang was angry with Feng Yu's stubbornness. If it were someone else, he would not be scolding him. But Feng Yu was someone he thought highly of, and he does not want to see him walk the wrong path.

"Germany and Japan's industrial technologies are good. But, do not forget that the Soviet Union is also an industrial country. Not only I can get machines at low prices, but I can also hire their engineers to do RD and develop new technologies. This RD headquarters will be based in Bing city. Actually, our engineers are good too. But many of them lack the funds to start their own researches. I can provide them with the funds and let them research new technologies. This way, we do not need joint partnerships with foreign MNCs. We will not need to work for them and help them promote their brands. Furthermore, in the 1985's 5-year plan, the Automobile industry is one of the industries which the country will support. It was even named as one of China's core industry. Is it really good for China's core industry to depend on joint partnerships with foreign MNCs?"

"When did you heard that the industries the country supported, will allow private companies to enter it?" Zhang Ruiqiang looked at Feng Yu.

Feng Yu said with an innocent look: "But the Machinery Company is not entirely a privately-owned company. It is a cooperation between private and government. It is also a shareholding enterprise."

Zhang Ruiqiang stared at Feng Yu. It seems that Feng Yu had found a loophole!

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"Have you calculated how much you need to invest for building so many factories at the same time?" Zhang Ruiqiang asked. This would be an astronomical amount.

"I had calculated. One factory would need an investment of about 100 million RMB. I am planning to invest 1 billion RMB in building 5 automobile factories and 5 motorcycle factories. The factories will be located in the north, south, east and west of China. This way, I can surround the central and cover the whole of China's market……"

Zhang Ruiqiang was shocked by Feng Yu. Not only Feng Yu wanted to start the automobile project, but he also wanted to expand the motorcycle project. Feng Yu did not mention anything about this before.

Also. Feng Yu planned to invest 1 billion? Where did he get so much money? 1 billion RMB! The whole Bing City's annual income was not even that much!

"Do you have 1 billion RMB? Can you confirm that 1 billion RMB will be enough? You did not consider the operational cost of the factories. You need at least a few hundred million RMB more for the materials, workers' salaries and reserve funds!"

Zhang Ruiqiang was the one in charge of the restructuring of the state-owned enterprises, and he was familiar with these. He felt that Feng Yu had not planned properly.

"1 billion RMB is the initial investment for the first phase. I will increase my investments during the second phase. We might not see any returns in the short term, but in the long term, or 5 years cycle, this investment is necessary. Last year, no one thought that our Songjiang Motorcycles will do well. But, what happened after our motorcycles enter the market? Are our motorcycles selling well? We sold out every single motorcycle we produced. We had made a lot of profits from these sales! Cars will be the same. The demand for cars had increased sharply, and furthermore, the new automobile factories will need at least 1 to 2 years to finish construction. Automobile factories are not as simple as motorcycle factories. When my new cars are produced, it will also be the end of next year."

1 billion RMB as the first phase investment and he will invest more?

Zhang Ruiqiang's eyes widen: "How much money do you have now?"

"I had taken loans from the Soviet Union Banks and deposited in Hong Kong banks. Don't worry about money. I guaranteed that this investment will be worthwhile!"

Zhang Ruiqiang felt that Feng Yu was possessed. He had so much money, and he could always do something else. Just like the humidifiers and bladeless fans. Those were all selling well, and there were no competitors. The profits were high too. Why was Feng Yu so insistent to enter the automobile market?

There were so many automobile companies in China and why was Feng Yu so sure that he would win against them? However, Zhang Ruiqiang must admit that most people do not think Feng Yu's investments would do well initially. But in the end, Feng Yu would be racking in huge profits.

Also, Feng Yu understands the market well. At the start of the motorcycle project, Feng Yu corrected the exterior design and the product positioning and quickly solved the motorcycle sales issues. Also, the dealership system had helped Songjiang motorcycles spread throughout the whole of China.

Feng Yu saw that Zhang Ruiqiang was keeping quiet and he continued: "Mayor Zhang, have you thought that in the future, there will be branch factories all over China and the factories will be named as Bing City's Machinery Company XX branch factory. Do you know the benefits of doing this?"

Zhang Ruiqiang was confused. It was normal to name their branch factories this way. What benefits were there for doing this?

"City's propaganda. A city also needs to be marketed. For example, when we mention Beijing, we immediately think of the Great Wall, Forbidden City, and Summer Palace. When we mention Chengdu, we would think of Pandas. When we mention Changan, the Mausoleum of the First Qin Emperor will come to our mind. It is the same for the opposite. When we talk about the Great Wall, Forbidden City, Pandas and the First Qin Emperor, Beijing, Chengdu, and Changan will come to your mind, right?"

Zhang Ruiqiang nodded. It seems this was indeed the case. He had not noticed about this before in the past. But what was Feng Yu trying to say? There was no historical landmarks or protected animals in Bing City.

"Then, when I mention FAW, will you think of Jilin? When I mention Shanghai brand cars, will you think of Shanghai?"

Zhang Ruiqiang's eyes shined: "You are going to change Songjiang brand to Bing City brand?"

Feng Yu: "……

Dream on! Bing City brand sounds too weak! If you are producing ice cream, Bing City will be a good brand name. Songjiang Motors will be a better name for automobiles.

"I did not say that. What I meant is to let our factories to cover the whole countries and let our cars and motorcycles to be sold everywhere in this country. Soon everyone in China will know that Bing City have the best automobile company and whenever they ride a motorcycle or drive a car, the first thing that comes to their mind is Bing city. This is City marketing. Of course, if the City is willing to foot part of the advertising fees, I can add in the words "Manufactured by Bing City" at the end of all my commercials!" Feng Yu smiled and said.

"Impossible. Your company wants to advertise, and you want the city to pay? Stop dreaming!" Zhang Ruiqiang angrily waved his hands. You can even invest 1 billion and yet you still want to take money from the City?

Feng Yu was too much!

Zhang Ruiqiang did not know that his thinking was slowly leading away by Feng Yu. Now, in his mind, it was not about setting up new factories, but he was thinking about marketing the City.

"Mayor Zhang, have you ever thought that Bing City might one day be like Beijing, becoming world renown? Last year, Beijing had hosted the Asian Games, and many people in Asia remembered Beijing. Now, I owned the patents of two best-selling home appliances. For the next 7 to 8 years, my products will continue to be sold all over the world. What do you think if I add the words "Manufactured by Bing City" on my products?"

Zhang Ruiqiang's breathing became rapid. If that was the case, then Bing City will be well known, and at the same time, it will increase Bing City's standings in China!

In two years' time, the Bing City Party Secretary will retire, and the current Mayor will take over that position. The Mayor position will be vacant, and he was the one with the highest chance to take over that position.

If Bing City's standings were increased, then he could be promoted to higher ranks. Zhang Ruiqiang was also an ambitious person, and if he had the chance, he would not give up.

Feng Yu continued to entice him: "Mayor Zhang, I need you to support my proposal for the City Government meeting, and we can provide the City with more taxes. Even if Bing City's government were left with 10% shares of the Machinery Company, the City's income would be much more! Also, this automobile company will be the first Chinese private and government joint partnership, and the scale is one of China's top three companies. What do you think the higher-ups will think about you? You are the one who had helped this company to succeed!"

Zhang Ruiqiang waved his hand: "Enough. You go back first. I need to think about this."

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The Bing city Government meeting. The Mayor had just finished talking about the directives from the Provincial Government, and then he asked everybody if they had any other matters to discuss. This was an indication that he wants to end the meeting.

But today was different. Zhang Ruiqiang raised his hand and said: "Mayor, I have a suggestion."

Everyone, especially the Mayor, looked at him surprised. Under normal circumstances, if they had something to voice out during the meeting, the deputies will have to discuss with the Mayor before the meeting. But today, Zhang Ruiqiang did not notify him beforehand.

The Mayor frowned and said: "Deputy Zhang, what do you want to say?"

"Everyone should know that the Machinery Company will be starting their automobile project and if everything goes smoothly, the production will start at the end of this year, and the cars will be in the market early next year. Earlier today, I received news that the major shareholder of the Machinery Company, Feng Yu, will be investing more funds to set up branch factories……"

"Wait a minute. Deputy Zhang, I am in-charge of Bing city's industrial and how come I am unaware of this? Why Li Mingde from the Machinery Company did not report this to me?" Deputy Xu rudely interrupted Zhang Ruiqiang.

Every deputy mayor was in charge of different things, and no one likes others to interfere with their business. If it were the Mayor who had talked about this, Deputy Xu would not interrupt. But this was Zhang Ruiqiang, and the both of them did not get along well. All this while, Deputy Xu felt that Zhang Ruiqiang had snatched away the position of Executive Deputy Mayor from him.

"I had said that it was Feng Yu who told me this information. I am in-charge of organizational restructuring, and the Machinery Company is one of the restructured enterprises. What's wrong with him reporting this to me?" zhang Ruiqiang retorted.

Zhang Ruiqiang wanted to be the next Mayor, and if he can't even deal with this deputy who was of a lower rank than him, the higher-ups will think that he was not capable! Furthermore, he was the Executive Deputy and had the authority to look into the jurisdiction of other deputies.

"Deputy Xu, let Deputy Zhang finish what he wanted to say." The Mayor frowned. Do these two wants get into an argument in front of him?

Zhang Ruiqiang continued: "Feng Yu said that he will be building 10 branch factories. This included 5 motorcycle factories, 4 saloon cars factory and a truck factory. His investment for the first phase will be 1 billion!"

Hiss~~~

Everyone drew in a deep breath. Initial invest was 1 billion RMB! That means this 1 billion was only the start and he will continue to invest more in this project?

They had heard of these types of investments in the coastal areas and were all by foreign investors. The inland cities, especially Bing City which was located near the borders, never had such large-scale investment. Needless to say, investments from a Chinese businessman.

"1 billion? Deputy Zhang, did I hear it correctly?" Deputy Xu asked.

"Yes. It is 1 billion RMB! This will be his initial investment, and Feng Yu said that this sum will be injected into the Machinery Company. He will also continue to procure automobile and motorcycle production lines from the Soviet Union. He is planning to start full production of all the factories within two years……"

"Wait a minute. How much is the market value of the Machinery Company? From what I know, it is worth only a few hundred million. Feng Yu wants to invest 1 billion in the company? Have you ever thought about where did he get so much money? Did he use his Machinery Company shares as collateral to get a loan from the bank? This is a promising enterprise, and if it expands too aggressively, it will be bankrupt! When that happens, our Bing City will have one less enterprise. What about the workers?" Deputy Xu sneered.

Zhang Ruiqiang glanced at Deputy Xu and then turn to the Mayor: "Feng Yu had promised not to use his Machinery Company shares to get loans. His Tai Hua Trading's account has 1 billion funds!"

What? Tai Hua Trading's account has 1 billion RMB!

All the City government leaders had weird expressions on their faces. They all know about Tai Hua Trading, but how is it possible for the company to have 1 billion RMB?

"Deputy Zhang, have you confirm this with the banks?"

"I had contacted ICBC, and they verified this. Feng Yu also said that once this proposal starts, this 1 billion will be freeze and Tai Hua Trading will not touch it."

The Mayor was overjoyed. Investment of 1 billion RMB. That means the Machinery Company's market value will be more than a billion RMB? This company will be a massive enterprise!

This was when he was the Mayor. A company from his city that had grown from a few million RMB to over a billion RMB within a few years. This was a significant political achievement for him!

But at the same time, he thought about Deputy Xu's words. The Machinery Company was now worth only a few hundred million, and if 1 billion was invested, then the City's shares will be diluted further.

"Deputy Xu, how much is the Machinery Company worth?"

"About 400 million and it is still growing! The city owns 28% shares."

28%, 400 million RMB. If the investment was more than a billion RMB, then the City Government shares will shrink by more than 2 thirds. That means it will be less than 10%?

"Mayor Zhang, must this sum be invested all at once? Can't it be invested in the company slowly?" Mayor asked. If this amount was invested over 2 to 3 years, then the City could afford to invest their proportion. This way, their shares will not be diluted so severely.

"Mayor, this is a type of business strategy. The overseas companies were also using the same strategy. Now, the motorcycle and automobile industry are expanding, and Japanese and German cars are taking up the market share. We are building our own automobile brand, and this is in-line with the 1985's 5 year plan!"

"We do not talk about SAIC Motors from Shanghai. Just the FAW from Lin Province, a large state-owned enterprise and is supported by the government. They also dare not to increase their scale so aggressively. Yet Feng Yu wants to blow up the scale? A kid that is not even 20 years' old and have not even graduate from high school? It is normal for young men to be overly ambitious, but Deputy Zhang, you should not be the same as him!" These words from Deputy Xu can be considered scolding Zhang Ruiqiang.

Deputy Xu had the experience, and also, Zhang Ruiqiang had lost his support from the Provincial Government number 1. Zhang Ruiqiang had asked the to publish his article on the disintegration of the Soviet Union, despite the objections of the Provincial Government Number 1. Even the top management could not conclude the Soviet Union political situation, and Zhang Ruiqiang dares to openly make such claims. This was the reason why the Provincial Government no longer support him.

With the number 1 support, what can Zhang Ruiqiang do? This Executive Deputy Mayor will be Zhang Ruiqiang's highest rank. Zhang Ruiqiang will be a joke at the end of the year. He might even lose his current position of Executive Deputy Mayor. Deputy Xu still had the chance to get this position.

"Young man? A kid? Deputy Xu, what have you done when you are 18 years' old? Can you help Bing City import so many cheap and advanced machinery and technologies from the Soviet Union? When you are in charge of the Machinery Company, how much is the profits? How much taxes have you generated for the City? How much were your worker's salaries? Was it above the national average?"

Zhang Ruiqiang's series of questions shut Deputy Xu up.

Seeing that the both of them started arguing, the Mayor knocked on the table and said: "It is late now and all of you have other matters to attend to. We shall end today's meeting now and continue the meeting at 10 am tomorrow morning!"

The Mayor decided to let the City's Party Secretary know about this, and he will also report this matter to the Provincial number 2, before making the final decision if we will support Zhang Ruiqiang!

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The next day, during the meeting, Deputy Xu continued to disagree with this proposal. He felt that this was overly ambitious. If Feng Yu wants to invest, he can invest in other industries, or even donate to the city.

The Mayor also changed his stance. He felt that this expansion of the motorcycle project can work, but not for the automobile project. They decided to let Zhang Ruiqiang inform Feng Yu about their decision. The City can sell the automobile project to Feng Yu and let Feng Yu set up a new company for the automobile manufacturing business. There was no need for him to invest in the Machinery Company anymore.

The Mayor's intention was apparent. He wants Feng Yu to invest and take the credit, but he does not want the City's shares to be diluted. As for what Deputy Xu said, Zhang Ruiqiang chooses to ignore.

……

"What? The City allows the Machinery Company to sell me the automobile project? Is it real?"

The public could not get a license to set up an automobile manufacturing company and that why Feng Yu decided to use the Machinery Company for this project. If the City allows the Machinery Company to sell him this project, Feng Yu would seriously consider it.

"It is like this temporary. But we still need to talk about the details. The City agrees to the setting up of the motorcycle branch factories and will support it. But you must promote our Bing City and the Machinery Company headquarters must remain in Bing City."

Zhang Ruiqiang felt that the Mayor's decision was sound. By splitting this project into two parts, they could keep the credit and have lower risks. But it was still up to Feng Yu whether if he would accept it. But it seems that Feng Yu was looking forward to this decision.

Zhang Ruiqiang was the one among the City's leaders that understands Feng Yu the most. He immediately noticed that if without the City Government's approval, Feng Yu had no way to start the automobile project. If it was not for this reason, Feng Yu might not even want the City Government to be a part of this project.

The City had made use of many of their connections to get the approval for this automobile project, and they even seek the help of the Provincial number 1. Now, it seems that Feng Yu was the one who had gained from all this. The sales of the automobile project will be decided by the shareholders, and the City could not get any benefits from it!

"Mayor Zhang, I agree to the City's conditions. I will go back now and ask Li Mingde to calculate the cost of this project." Feng Yu readily accept and was in a rush to leave.

"Wait. Do you really think that this project will do well? The saloon cars market is really that big?" Zhang Ruiqiang held Feng Yu back.

"I can only say that in the future, this market will grow bigger and bigger. But whether this project will succeed, I am also not very confident. But there is one thing I am sure. If I did not start this project, then in the future, China will not have its own automobile brand. I am doing all this for the country." Feng Yu said with a noble expression.

"Stop bullshitting. Since when you are so noble? Furthermore, the ratio of imported cars in China had decreased by a lot for the past two years and how can it be possible for the Chinese automobile market to be controlled by foreign brands?"

"Mayor Zhang, I will just point out one thing. Why is the ratio of the imported cars in China decreasing? It is because of an increase in our production. But where is this increase coming from? It is the cars from the joint partnership factories. What are the brands of those cars? It is Volkswagen and Toyota vehicles that are selling the best. These are all foreign brands. Just look at the public buses bought by the City. Are they not all foreign brands? Then what about our own Shanghai brand cars?

Zhang Ruiqiang was shocked. That's right. Shanghai brand was formerly the nation's pride. Where are they now?

SAIC Motors is now selling Volkswagen cars that were produced from their joint partnership factories. That's a foreign brand. Although the sales had increased and lower the importation of vehicles into China, the Shanghai brand cars were slowly disappearing from the roads.

It was like this in Feng Yu's past life. Not only the Shanghai brand, even the Hongqi (Red Flag cars manufactured by FAW) and many other Chinese brands had declined. When China's own automobile manufacturing industries developed and wanted to build up those Chinese brands again, they found that the foreign brands had captured the market.

"Mayor Zhang, do you know how important a brand is? I shall put it this way. If an overseas company wants to buy my Wind and Rain brand now, how much do you think they will offer?"

This was not Feng Yu bragging. There were companies from Europe and the US that wanted to buy the Wind and Rain brand. Those companies felt that this Wind and Rain brand represents high tech products and if they use it on their own products, they could save on their advertising cost and still achieve better results. This was because the consumers already linked Wind and Rain brand with the words innovations and high tech.

"How much?"

"100 million. USD!"

This 100 million USD was not only for Wind and Rain brand. It includes the patents for the humidifiers and bladeless fans and also the factory in Dongguan. Although the brand was expensive, it was not as expensive as what Feng Yu claims.

Hiss~~~

Zhang Ruiqiang looked at Feng Yu in shocked: "100 million USD? A brand is really so important?"

Feng Yu nodded: "Look at our beer factory. Bing City Beer. The people in Bing City and the surrounding areas all drink this beer. The Lin Province do not have any beer? Even if Lin Province sells their beer at lower wholesale prices, those small stalls will also not order from them. Our Bing City people only drink Bing City Beer! This is brand awareness and the value of branding!"

"Fine. I will not say any more. Since I am starting my own automobile brand, then I will not use Songjiang Motors anymore. Why not you talk to the city and ask if the City can sell Songjiang brand and the Motorcycle project to me?"

Zhang Ruiqiang stared at Feng Yu: "Don't even think about it!"

The City does not think that the automobile project will do well, but they think highly of the motorcycle project. In Bing City, you can still see many people riding motorcycles during the winter. The sales of Songjiang Motorcycles for this year's first quarter was still increasing. The city estimate that this year's sales will be more than 200,000 units.

Soon, the branch factory in Jinling will start operations, and it will be in time to meet the increasing demand for motorcycles. The motorcycle project will also be introducing the 100cc bikes. The prices will be lowered, and the sales volume will undoubtedly increase. With more models on sales, they can foresee the motorcycles bringing in more profits.

Although they will be building many factories at once, the will not be high. It will be only about 50,000 units. At the start, the workers needed training, and their production will not be high. But 2 to 3 years later, the number of motorcycles produce will increase. It will be a golden egg laying goose.

This Songjiang Motorcycle brand will become valuable in 2 to 3 years. Sell this brand to Feng Yu now? Impossible!

Feng Yu suddenly regretted telling Zhang Ruiqiang so much about branding. He should not have bragged about the value of Wind and Rain brand.

Now he got to build a new automobile brand and got to start from scratch. It would be harder.

But even if it was hard, Feng Yu will still do it. During 1991 to 1995, China's economic growth was at an astonishing speed. The buying power of the people increased, and lots of future tycoons started they businesses during this period. Also, the government regulations during this period were the most relaxing, and if Feng Yu were to begin his development a few years later, he would be the same as those workers from the future years. How can Feng Yu be satisfied with this?

Even if the City had come out with harsher conditions, Feng Yu would also accept it!

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Li Mingde received Feng Yu's notification to evaluate the market rate of the automobile branch factory. Li Mingde was confused. This automobile factory had not even started operation, and the construction had just begun. Could it be Feng Yu found out that someone was siphoning the construction funds?

But this Automobile Factory's director is appointed by Feng Yu himself and the factory was still doing the foundation works. How much money can this person siphon? The first phase of the construction fees had not even been reported to the City.

Soon, Li Mingde received a call from Deputy Xu, asking him to calculate the automobile factory's current value and report to him.

Huh? The City wants to do something to this factory?

Li Minngde immediately asks around and found out that Feng Yu wanted to increase his investment in the Machinery Company and set up more automobile factories. He was shocked by Feng Yu's wealth.

But he did not think this automobile project will do well in the first place, and since the City had made this decision, it might be a good thing.

Li Mingde quickly completed this task with the help of his men. It was fast as the construction was not completed and he only needs to evaluate the cost of the land, equipment, technologies and the factory's workers.

At the same time, there were some problems too. The workers from the Machinery Company will have to be transferred back. Those workers will not want to work for a private company. Li Mingde does not need to care about those workers hired from FAW. He believes that Feng Yu would make arrangements for them.

After calculating, the total value of the factory was only about 80 million. This was still a hike up cost under the instruction of Deputy Xu. If Li Mingde had used the standard method of calculations, it would only be about 50 million.

When Feng Yu saw the valuation report, he almost threw the report on Li Mingde's face!

Feng Yu was clear about the total cost of this project. This project had just started, and Feng Yu clearly remembered how much the machines were worth, how much Fu Guangzheng had invested and how much land was worth.

Now, with just a few workers and only the foundation works of the factory building, the cost increased by tens of millions?

"Li Minde, are you going to sign on the valuation report?" Feng Yu looked at Li Mingde coldly.

Li Mingde suddenly regretted. After all, Feng Yu was the one who had the final say in the Machinery Company. Li Mingde could be removed from his position of General Manager anytime if Feng Yu call for a shareholders meeting. He will not have such a good life in the future.

Li Mingde said with a sad face: "Manager Feng, this was instruction from the City.. I also have no choice. After all, I am still under the City Government. I can help you point out where the problems are in this report. This way, when you are negotiating with the City, you will have the upper hand."

Li Mingde was not like a double spy. On the one hand, he was helping the City to inflate the factories value, on the other, he was telling Feng Yu where were all the problems in this report. During the negotiations, he will not side with any parties and let Feng Yu and the City negotiate.

As for the other shareholder, Fu Guangzheng, both parties had chosen to forget about him.

Once Feng Yu and the City agree on the valuation report, there was nothing Fu Guangzheng could do. The City was worried that Fu Guangzheng would side with Feng Yu and suppress the value of this factory. Feng Yu did not include Fu Guangzheng in this negotiations was because he could not help much either.

The negotiations did not go smoothly. The City made harsh demands. They knew that Feng Yu could not get the approval documents by himself. That's why these approval documents were precious. Even if the automobile project was sold to Feng Yu, without the local government help, Feng Yu could not develop this business.

It was tough to build a successful business, but it was very easy for Bing City Government to stop a company from growing. Feng Yu was only someone from one of Bing City's district with no backgrounds. The City Government was not afraid of him.

The City wants Feng Yu to set the Automobile headquarters in Bing City and cannot be moved to other places. Also, Feng Yu had to build the roads leading to the factory. The City will not pay for it.

The automobile commercials also had to mention "Manufacture in Bing City", regardless of local or overseas, Feng Yu must not tarnish the image of Bing City. There were many other restrictions imposed on Feng Yu.

Feng Yu knows that the City was acting like a hooligan, but he was not someone who can be bullied so easily. He immediately pointed out that the valuation report of the factory will be decided by the Machinery Company and if the City insists on those conditions, then he works with the Fu family and suppresses the value. This way, the City will be suffering losses too.

Furthermore, Feng Yu could always give up Bing City. He can go and look for partners from other cities. He believes that with his wealth, the enterprises from other places will work with him. Although the approval documents were challenging to get, since Bing City could get it, then other cities can also get it. Worse come to worse, he will work with other City Government! There were many places in China with conditions better than Bing City.

Both parties negotiated for a week, and it was still not settled. But suddenly, the City Government had a change of attitude. The City decided not to sell this project to Feng Yu and even agrees Feng Yu invest in the Machinery Company to expand this company.

Why did the City have a change of attitude so fast? Feng Yu quickly got the answer.

He received a call from Master Lu. He told Feng Yu that the Central Party Committee had decided to encourage the local enterprises to be bolder and be brave to try new things. The local enterprises shake off the reliance on overseas technologies and start developing.

The committee even pointed out the industry they were supporting. The automobile industry. They expressed that there will be government policies implemented soon. There will be many benefits to this industry, and the local government should not hinder the progress of the companies in this industry. The local government must support these companies and help them.

These directives were quickly disseminated to the provincial government and the local regions. The Bing City Party Secretary immediately call for a meeting and everyone agrees to support the development of the Machinery Company.

Although the City cannot afford to invest any more funds into this project, they must be a part of it. They cannot sell this project to Feng Yu and let it be a private company. This project will also let Bing City score political points with the higher-ups.

When Feng Yu got to know about this, he felt that Master Lu had acted too fast.

He had thought that it would take Master Lu a few months to get this sorted out. But who knows, Master Lu got everything settled with a short time.

Feng Yu wanted to cry. Master Lu, why are you so influential?

But there were also benefits from this. This means that the Machinery Company will have a large plot of land and there will be less hindrance from the City in the future. There were pros and cons. In the short term, Feng Yu will have some benefits but in the future, the City will a share of the profits.

Never mind. Just treat it as supporting his homeland. But in 3 to 5 years time, Feng Yu will not let the City interfered with the Machinery Company. He must turn the Machinery Company into a real shareholding company!

A new round of negotiations started again.

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With the City's change of attitude, Feng Yu's position also changed.

At first, Feng Yu had given in to the city because the City was going to sell the project to him. But now, Feng Yu will not agree to those conditions.

You want me to continue to invest in the Machinery Company? Fine. Then let's evaluate the market value of the Machinery Company and count the number of employees in the company that was doing nothing.

This time, Fu Guangzheng also attended the negotiations. This was increasing the investment to the Machinery Company, and all shareholders should be notified.

Fu Guangzheng was also shocked when he learned that Feng Yu will be investing 1 billion into the company and will set up multiple automobile and motorcycle factories.

The Fu family supported the proposal for setting up an automobile factory and this automobile project. But to increase the scale so fast without the consideration of the market, the first few years will be making losses. Fu Guangzheng hesitated and called his father and his eldest uncle to discuss it. In the end, Fu Guangzheng expressed that he does not have the money to invest in the project and will accept his shares to be diluted.

Feng Yu injected 1 billion RMB at once, and if Fu Guangzheng wants to keep his shares, he would need to invest a considerable amount too. His father had invested most of his money into the Hong Kong's property market, and Fu Guangzheng had followed suit. He does not have enough funds now.

Furthermore, his eldest uncle felt that although the Chinese automobile market, especially the saloon cars market, was expanding now, it will not be as what Feng Yu forecast. Feng Yu was going to use his money to buy the market share by starting this large-scale project.

Feng Yu had successfully predicted the Gulf war, London gold, and the oil futures. He had made lots of profits from these events. He could afford to lose 1billion RMB but not Fu Guangzheng.

Fu Rongqi also suspect that Feng Yu had invested so much into this Automobile manufacturing project, was because he had received some benefits from somewhere and Fu Guangzheng had no way to enjoy the same benefits. That's why Fu Guangzheng rather let Feng Yu dilute his shares.

After evaluating the Machinery Company, the market value of the Machinery Company was 432 million, and this was after the City Government assess multiple times. Feng Yu was satisfied with this valuation report. Those City Government people do not know how to evaluate the market value of a company at all. If Feng Yu wants to inflate the value of the Machinery Company, it will be at least worth 500 million and Feng Yu was still able to provide evidence to prove it.

Feng Yu will invest 1 billion RMB cash and the machinery ordered from Kirilenko were evaluated at 300 million RMB. Feng Yu will spend a total of 1.3 billion RMB.

Feng Yu also gave in a bit to the City Government. The City Government's shares were lowered to 7%, and Fu Guangzheng's percentages were reduced to 4%. Feng Yu's shares increase to 84.4%. There was another mysterious shareholder that owns 0.6% shares.

The people in the accounting department were all Feng Yu's men, and he also controlled the human resource department. In the future, all the factory directors and the company's management staffs got to follow the rules and will be decided during the shareholder meeting.

Now, which shareholder will have the final say? Of course, it was the controlling shareholder, Feng Yu!

The automobile branch factory in Bing City expedited the construction and Feng Yu also sent his people to the local government of the areas, he planned to set up branch factories. He wants to set up all the factories in the shortest time. Once the negotiations were over, the land must be leveled before the end of the year.

Feng Yu himself, went to Hangzhou alone.

At Hangzhou, Feng Yu had 2 important things to do. First, he wants to acquire the shares from Lehaha other shareholders. But he will not get the shares from Zhong Qingxian, in case he leaves and set up another company. Secondly, Feng Yu wants to look for a person. China's future leader in the automobile industry, Li Dafu!

Li Dafu was a legend in Feng Yu's past life. He was the same as Zhong Qingxian. Zhong Qingxian was China's leader in the beverage industry, and this Li Dafu was the boss of a private automobile manufacturing company. He was the first person in China to own an international automobile brand which was in the Fortune 500.

But what was Li Dafu doing now? He had set up a small factory, and this factory will be the start of his conglomerate. The factory was not manufacturing refrigerators parts, renovation materials, etc. but his factory was the first in China to develop the magnesium-aluminum alloy. This alloy had strong heat and soundproofing properties and had resistance to corrosion.

This was the person who claims that cars are just an engine with 4 wheels in a metal shell. This person had already started to develop the "metal shell" now.

If it weren't for Feng Yu, Li Dafu would enter the motorcycle industry 2 to 3 years later, and he will be very successful. Through the motorcycle manufacturing industry, Li Dafu would accumulate the funds and also familiarize with the engines and wheels.

But he had no chance in this life. Feng Yu had already set his plans in place, and China's biggest motorcycle manufacturer will be Bing city Machinery Company. It might even become the world's largest motorcycle manufacturer.

Those small factories will not get the chance to grow, and Li Dafu will have no chance to get his funds to start manufacturing cars.

There were rumors that this Li Dafu was charismatic and was willing to seek advice from others. His future company was started from a family business and was converted to a shareholding.

It was hard to appoint the next leader to lead the company in a family business. There were too few choices. But for a shareholding, they can pick the next CEO from millions of people.

Li Dafu had financed his company several times and were all successful. He maintained his shares and control, at the same time, he let his company raise enough funds to develop very fast.

Also, Li Dafu paid particular emphasis on RD. He knew that technologies could stop China's automobile industry from growing. He spent a lot on setting up a research center to research on engines, gearbox, electronics, etc. This was what Feng Yu liked about him.

This time, Feng Yu wants to approach Li Dafu and see if Li Dafu was really like the rumors from his past life. If the stories were real, then he wants to recruit him to be the Deputy General Manager of the Machinery Company. He will be the person to take charge of the automobile project.

Feng Yu believes that Li Dafu would be tempted by high salaries and shares. Li Dafu might reject high salaries, after all, he was the boss of his own factory. But shares would mean that he would be a shareholder of the company. Feng Yu would not be stingy with the shares. 1% shares were worth more than 10 million RMB!

These conditions should be sufficient to recruit Li Dafu. If it does not work, then Feng Yu would acquire Li Dafu's current factory. A factory that was worth less than 10 million was an easy target for Feng Yu.

Feng Yu walked into Li Dafu's factory. Li Dafu, please do not disappoint me!

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Li Dafu had planned to go out for some business today, but he received a call saying that a big boss will be coming to talk about a business deal worth over 10 million.

His factory was very small, and the annual income was only so much. He had never handle business deals more than 10 million RMB.

"Manager Li, Mr. Feng is here." The secretary knocked on his office door and said with a weird expression.

"Hurry and invite Manager Feng in!" Li Dafu immediately stands up and walk towards the door.

A young man younger than 20 years' old walked in. Li Dafu was thinking in his heart that why was this young man so rude. His boss had not even entered the room, why was he walking in front?

But after a while, Li Dafu noticed that no one else was coming. He looked at his secretary puzzled.

That young man stretches out his hand and smile: "Mr. Li, I am Feng Yu. We have spoken over the phone."

Li Dafu stiffly shook hands with Feng Yu and had an unbelievable expression on his face. Although over the phone, he knew that Feng Yu sounded very young, but he thought that it was just the voice. But when he met the real person, he was shocked.

Is this Mr. Feng even 20 years' old? He said that he has a business deal worth over 10 million, is he talking nonsenses?

"Mr. Feng, nice to meet you. Come, have a seat. Xiao Zhang, serve tea."

Feng Yu looked at Li Dafu's office and noticed that his office was nicely renovated. This made sense. Li Dafu was dealing in renovation materials now. If his office was poorly renovated, who would buy his renovation materials?

"Mr. Li might not know me, but I saw a few Songjiang motorcycles downstairs. Those motorcycles are manufactured by my company."

Feng Yu had a sense of helplessness. His age often let people doubt him. Even when he dressed more maturely, he also can't cover his youthful looks.

Li Dafu said with a shocked expression: "Songjiang Motorcycles is from your company? That's amazing. This motorcycle had a beautiful exterior, and it was comfortable to ride on."

Feng Yu was surprised that Li Dafu was riding a bike now? That means he does not have much money.

These two years, Li Dafu had made some money, but he had invested most of his money in the new factory to increase production. Luckily, his products were still selling well.

"Thank you for the praises. I saw Mr. Li's renovation materials were selling well too. I heard that many surrounding provinces were all using your magnesium-aluminum alloy."

Li Dafu modestly said: "It's all small businesses and cannot be compared to your businesses. I wonder what makes you travel all the way here? Are you going to buy a large quantity of magnesium-aluminum alloy?"

To Li Dafu, other than magnesium-aluminum alloy, his factory does not have any outstanding products that were worth Feng Yu to travel all the way from Bing City to Hangzhou.

"Mr. Li, can you let me look around your factory?" Feng Yu suddenly asked. He wanted to see for himself the management capabilities of Li Dafu through the factory's operations.

This was to look at my factory's scale before ordering? Li Dafu had met with this type of request before from other businessmen.

Since Feng Yu had said that he wants to talk about a business deal worth over 10 million, then the order must be enormous. He must be afraid that the factory could not complete the order.

"No problem. I will bring you around my factory personally and at the same time explain our factory's operations." Li Dafu warmly replied.

Feng Yu noticed that the workshops Li Dafu brought him to, were all working on the finished products. He did not bring him to essential areas of the factory. This showed that Li Dafu was guarded against Feng Yu.

Feng Yu made an estimation of the production of the factory and then calculated the market value. He can estimate how much this factory can make in a year.

This factory was indeed making money, and with this factory, it would be easy for Li Dafu to become a multimillionaire. If he manages well and develops new products, he might even become a billionaire.

The factory's operations were smooth and tidy. The workshops were clean and not messy. These prove that he had managed the factory well.

Back at the office, Li Dafu anticipated looked at Feng Yu. He had brought Feng Yu to look at the few prominent areas of his factory, and Feng Yu should be convinced of the capabilities of his factory.

"Mr. Li, your factory is doing well. Will you still remain in this industry in the future?" Feng Yu suddenly asked.

Li Dafu paused for a while. Shouldn't you be talking about your orders now?

"I will be doing this temporary. When the factory developed, I will consider doing other things."

"What do you think about the motorcycle industry?"

Li Dafu was feeling puzzled. Why was this Feng Yu asking weird questions? He was the one in the motorcycle manufacturing business, and he was dealing in renovation materials. What has his company's development got to do with him?

"Mr. Feng, I do not understand what you mean."

"Mr. Li, I will be truthful with you. Your factory's growth now might seem to be doing well. You have tens of millions of sales a year, and your profits should be a few million. But sorry to say this, no matter how your factory grows, the scale will remain the same. It will be hard for your factory to develop any further. There are many factories in the market that is producing the same products as yours. Many factories have the same technologies as yours."

Li Dafu frowned and asked: "What are you trying to say?"

"Mr. Li, do you have dreams?"

Huh? Li Dafu's jaws dropped. He was confused by Feng Yu's sudden change of topics.

Dreams?

Someone who was not even 20 years' old wants to talk about dreams with him. He was almost 30 years' old. This Feng Yu was too weird. But over the years, Li Dafu had met many kinds of businessmen. There were some who even discuss religions with him.

"Mr. Feng, everyone has dreams, and there are different types of dreams." Li Dafu gave a general reply.

Feng Yu was not satisfied with Li Dafu's reply. His first impression of Li Dafu was good, and he could tell that this li Dafu was a proud person.

That's why Feng Yu wants to talk to Li Dafu about dreams. It was just like how Apple recruited the Pepsi President. Apple talked about visions. Steve Jobs' legendary pitch to the President of Pepsi at that time became famous: "Do you want to sell sugared water for the rest of your life? Or do you want to come with me and change the world?"

"Mr. Li, then I will talk about my dreams. Look at our country now. After China had opened up, lots of foreign brands had entered. This had a great impact on our Chinese brands. Although the economy might be seeming to be doing well now, most of the money was earned by the foreigners. My dream is to stop foreigners from taking money away from China. My dream is to earn those foreigners' money."

Feng Yu did not talk about bullshits like building and strengthening China. He talked about making money.

"Mr. Feng is someone with great ambitions and have a big dream. I have also thought of this. Just look at my magnesium-aluminum alloy sheets. Before my factory had succeeded in producing this alloy, we have to import it from overseas. The prices were ridiculous. It was just like what you had said. All our money were earned by the foreigners. But now, those foreigners cannot make use of these alloys to earn money from us. This is because of me and others that are like me."

Feng Yu smiled slyly: "That means we have the same dream. Then are you interested in working together with me towards our dream?"

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Working together towards our dream?

Lots of questions marks popped up inside Li Dafu's mind!

Who the hell has the same dream as you? I am following what you said, and you take it seriously?

You are a motorcycle manufacturer, and I am dealing with renovation materials. Our factories have nothing to do with each other! Can magnesium-aluminum alloy be used on your motorcycles?

Actually after Li Dafu's factory had successfully produced a magnesium-aluminum alloy, he was thinking about the uses for this alloy, other than for renovation. The renovation market was too small.

The areas Li Dafu had thought of and researched on, did not include motorcycles!

"Mr. Feng, what are you trying to say?"

Feng Yu laughed. Li Dafu was confused by him, and that's good.

"Mr. Li, can you drive? What do you think of the automobile market?"

"Automobile market?" Li Dafu's eyes widen in shock. This motorcycle manufacturer, Feng Yu, now wants to build cars?

If Feng Yu really wants to manufacture cars, then it was indeed related to him. This aluminum alloy can be used on vehicles. It was lighter than steel and will lessen the vehicle's weight. Furthermore, this alloy will not rust easily.

That means Feng Yu really wants to manufacture automobiles.

Even if there were only 10,000 cars produced in a year and all the cars used his alloy, it will be a huge business deal, and there will be lots of profits for the factory.

"Our country's automobile market is expanding, and the living standards of our people had increased. As such, the demand for transportation will increase. Just our Taicheng and Hangzhou alone, there are more cars on the streets these two years. The automobile industry has great potential!"

But Li Dafu knew that although the automobile market is expanding, those established automobile manufacturers' production is also increasing. There are also imported cars. He was not so optimistic about entering this industry as a new player.

The most promising mode of transportation in China now should be the motorcycles. Maybe Feng Yu had earned a lot from his bikes business and had this thought of manufacturing cars. This might not be a problem two years later. If he were to start now, it might be too early.

"Mr. Li also think automobile industry has the potential? That's great. Our goals are the same again.

Li Dafu: "……"

Never mind. I don't care if it is the same or not as long as you place a big order with me.

"Mr. Li, have you ever thought that one day our Chinese automobile manufacturer will be one of the world's top automobile manufacturer and might even be the world's number one?" Feng Yu continued.

World's number one?

Li Dafu felt that Feng Yu was crazy. Don't talk about the world, just China alone had so many established automobile enterprises. Their production, scale, and technologies were the best in China, and your new automobile company might not even survive in China, and you want to think about being the World's number one?

It's good to have a dream, but it must be realistic. Li Dafu felt that if Feng Yu's goal was to survive in China's market and get a part of the market share, it might be possible. But to be the world's number one, he must be China's number one first!

"Huh…. Mr. Feng is really ambitious." Li Dafu doesn't know what else to say.

The future Chinese market will be the biggest market for the automobile industry, regardless of trucks or saloon cars. The Chinese economy will grow rapidly, and from 1995 onwards, the automobile market starts to flourish. After the year 2000, this automobile market grew even faster. There was another sudden growth of the automobile industry after China joined the WTO in 2003.

In Feng Yu's previous life, Toyota and Volkswagon were also because of their China sales to become the world's number one and two automobile manufacturer. If Feng Yu could get a large part of China's market share, then Feng Yu can be the world's top automobile manufacturer.

China's automobile market will only be this big in the future, and Feng Yu must get the biggest market share!

"Mr. Li, it is important to have dreams. What if the dreams really come true? The most important thing is to work hard towards your dream then the dream will come true. If one day you are standing on the world stage, you can announce to the whole world that you had firm believes that your dreams will come true from day one. Imagine how beautiful that will be."

Feng Yu's words were very encouraging. The entrepreneurs of this era were all people who were not satisfied with working for others. Li Dafu had started his own business in 1986, and after so many years, his factory had grown from a small workshop with only a few employees to this factory with over a hundred employees. But this was still far away from his dream.

Li Dafu had also dreamt of his products being sold all over China and even exported overseas. But reality told him that this dream will remain as a dream. He was only someone who sells renovation materials. He thought that he was successful when he was the first one in China to produce a magnesium-aluminum alloy, but soon, he discovered that other factories also had made breakthroughs and was able to produce the alloy too. His products were not able to be sold all over China. Even in the surrounding provinces, he had many competitors.

But in his heart, he had not admitted his losses. He firmly believes that he would succeed one day. Feng Yu's words had touched his heart. All this while he was working hard towards his dream.

If his goal was to let his family have a good life, then he had already achieved it. His factory was worth over 10 million, and if he sold his factory, he and his family could retire comfortably. But that kind of lifestyle was not what he wanted. He still wants to work hard and achieve his dreams!

"So, Mr. Li, join my company. Leave this factory for your family members to manage. Come over to my company, and we can create history!"

Huh? Li Dafu returned back to reality. Wasn't Feng Yu going to place a big order for his alloy to manufacture cars? Give up this factory and work for him?

"Mr. Feng, are you telling me to work for you?" Li Dafu was not happy. He was the boss of a factory and even though his business was not as big as Feng Yu, but why should he work for Feng Yu?

"It is not working for me. It is creating the future together with me. Our Chinese automobile industry's future. Join my company as the Deputy General Manager of my automobile project. I will give you some company's shares within 3 years as a reward. Once you own the shares, you are also a shareholder and consider one of the owners of the company. What do you think? Do you dare to try?"

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Although Feng Yu had painted a beautiful picture, Li Dafu still felt that it was unrealistic. He did not agree or disagree. He just told Feng Yu that he needs some time to consider.

Feng Yu also understand him. If it were him, he would also be suspicious. Why did you choose me? Are you telling the truth? The picture you described, is it even be possible?

Feng Yu was also not anxious. All the factories had not even started construction, and the negotiations with the local government had not yet begun. He also wants to monitor Li Dafu for a while and see if he was worth the conditions he offered.

……

Feng Yu was looking at the sales report at Lehaha's headquarters. Zhong Qingxian also tells Feng Yu about the company's current circumstances. Lehaha's development was much better than Feng Yu expected. Their products were too popular, and the demand had outweighed the supply by too much. They were already raising funds to expand their operations.

Feng Yu only glance through the reports. He had people in Lehaha's financial department, and there were no problems with the reports. Zhong Qingxian was honest with him.

"Manager Feng, this is the company's current situation. There are many orders, which we dare not accept. We did not anticipate that the sales will be so good after we had built up our reputation." Zhong Qingxian sighed.

Feng Yu laughed and said: "This is normal. The parents had lived in poor conditions for a long time, and when they are young, they suffered hardships. Now, their lives got better, and naturally, they do not want their children to go through what they had gone through. They want to give the best things to their children. I had suggested building more branch factories previously, but now, we are still not too late."

These two years was the golden period for health supplement products. Although Lehaha oral health supplements were targeting children, they had become the market leaders. There were no other competitors.

The health supplement market was divided among a few brands. King of Hearts was targeting the elderly, Ants Wine, were targeting grown men and only Three Pearls health supplements for the women was the product of Giant Corporation. Shi Dazhu will accumulate lots of funds within these two years, but after that, they will be burdened by financial troubles because of the new Giant Corporation's building. That will be the time for Feng Yu to invest.

The future health supplement's industry will be controlled by Shanghai Goldpartner Biotech Co Ltd. (a subsidiary company of Giant Corporation), with their best-selling product "Naobaijin". The researchers that developed "Naobaijin" had said that the cost of 1 box was only about 2 RMB and the retail price was a few hundred RMB! The returns were huge!

But now, Shi Dazhu will never allow Feng Yu to invest in Giant Corporation. He had too much money now!

Feng Yu was now thinking of ways to let Zhong Qingxian to not only develop Lehaha this product but also develop other types of beverages products like carbonated drinks, etc. In the future, the beverages market will be huge.

In Feng Yu's past life, there will be a Xurisheng Group appearing in two years' time. Their ice and warm tea beverages were popular throughout China. Within a few years, this company grew from a small factory worth 30 million RMB to a company that had more than 3 billion RMB annual sales!

But that did not last long. Because of mismanagement, after the millennium, this company did not do well and was even bankrupted. Their brand was also sold.

Zhong Qingxian discussed with Feng Yu about his development plans. He planned to set up 3 branch factories in the next 3 years, and their primary market will still be the provinces in the Southeast region. These provinces were developing the fastest and had the most purchasing power.

Lehaha could easily afford to set up a branch factory every year with their current situation. But Feng Yu felt that Zhong Qingxian's plan was too slow. By the time Lehaha finished their development plans, Xurisheng Group would appear. They would miss the opportunity to capture the profitable tea beverage market.

"Mr. Zhong, have you ever considered increasing the variety of our company's products?" Feng Yu suddenly asked.

Product diversification? Zhong Qingxian frowned. Now their company could not even cope with one product, and they still want to develop more products? He also knew that the company's growth would be limited if they depend on one product. But will it be too early for them to diversify their products now?

"Manager Feng, we did have the intentions to diversify into products like dairy products for children. But this will be after we have controlled the market."

"Seems like Mr. Zhong have already thought about the future. Children's dairy product is good. This will be in-line with our company's direction. But think about where our factory is located and what is the most famous beverage in this area?"

Where is the factory located and the most famous beverage in this area? Hangzhou was famous for Longjing tea! Feng Yu wants to develop Longjing tea?

"Manager Feng, there are already lots of tea merchants for Longjing tea, and they are already in this line for many years. It will be hard for us to enter the market." Zhong Qingxian frowned. He felt his idea of children dairy products was better and this will be his future plans for the company.

Feng Yu shook his head: "I am not talking about Longjing tea. I am talking about tea beverages. We can combine tea and carbonated drinks together, just like Jianlibao. Have you ever thought of this?"

Jianlibao?

Zhong Qingxian thought for a while. Jianlibao had appeared out of nowhere a few years ago and had captured the Chinese market. Leveraging on the sports arena, it was even exported to the western countries. There was also a nickname "China's Magic water" for Jianlibao.

Last year's Asian Games, it was the official drink for China's team. There were rumors that Jianlibao will be setting up a company in the US and will be buying an office at the Empire State Building.

He had studied Jianlibao before, and that's only carbonated drinks with electrolyte added. It was not as magical as it claims. But the market responded quite positively.

But Feng Yu was suggesting to tea into carbonated drinks. Isn't that just adding tea into the carbonated water?

"Manager Feng, will people be buying carbonated tea beverages?" Zhong Qingxian asked.

"Of course. I can guarantee that! During the summer, everybody likes to drink cold soft drinks. If you do not believe me, you can let one factory to test it and see if this type of drinks will be popular."

Zhong Qingxian frowned: Manager Feng, although the new factory we planned will be bigger if we are to produce Lehaha health supplements and beverage, the workers, materials, machinery and other costs will increase. If we fail……"

Zhong Qingxian also wanted to try. Maybe it will be possible. But they need sufficient funds. He had plans for children dairy products, and it had not even started. Where would he get the funds to start on this carbonated tea beverage project?

"Mr. Zhong, are you worry about the funds? Why not I will invest more money in the company and increase my stake to 49%. With my money and the company's current funds, we can set up two factories at the same time. If the negotiations are smooth and with the help of loans from the local districts, we can even set up 3 factories at the same time. One factory can manufacture the oral health supplement and the carbonated tea beverage at the same time. Another factory can start on your children's dairy products. If the market response is poor, we can switch all the factories back to manufacturing oral health supplements. What do you think?"

Zhong Qingxian hesitated. Feng Yu wants to continue to invest and wanted 49%. This meant that he will not interfere with the company's operations and this additional fund was crucial for the company's growth.

Should he accept this investment?

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Feng Yu was sitting quietly and did not disturb Zhong Qingxian. He was thinking about what Feng Yu had said.

Zhong Qingxian was in a dilemma. After a while, he stood up and asked Feng Yu to wait while he went for a smoke.

Feng Yu knew that Zhong Qingxian was going to call his two other partners to discuss his suggestions. His partners had gone to other provinces to look at locations for the new factories and were not at the company.

Zhong Qingxian returned 10 minutes later.

"Manager Feng, how much do you intend to invest?"

Feng Yu raised one finger: "10 million RMB for 9% shares. I believe with this price, you can answer to the other two shareholders."

Although Lehaha was growing at a rapid speed, the market value of the company was only about 70 million RMB. 10 million RMB for 9% shares was considered a very high price.

Zhong Qingxian had just spoken to his partners, and he also received a call from his sales manager telling him that He Boquan from Guangdong, selling Lebai yogurt drinks, had started to enter the northern markets. If Lehaha hesitated any further, the market share would be occupied by Lebai yogurt!

Zhong Qingxian was a decisive person, and he convinced his partners with this piece of information. Those two partners also trusted Zhong Qingxian. After all, since the time Feng Yu invested in their company, they had gotten more returns than they had expected.

"Manager Feng, do you have any suggestions for our company's development?"

Feng Yu was laughing in his heart. Zhong Qingxian was asking him for suggestions or trying to see if Feng Yu intends to interfere with the company's operations.

"I do not have any suggestions. I only think that the tea beverages market has great potential. If we start the product development and build the factory now, we will not be in time for this year's summer. We can introduce our products to the market next summer. Mr. Zhong is more experienced in this field and thinks that the children dairy products will also do well. These are all the company's operation matters, and you can decide everything. Of course, if Mr. Zhong trusts me, I can help the company to import some second-hand bottling production lines from the Soviet Union. No matter if is it plastic bottles or cans, I can get it cheap."

Zhong Qingxian was relieved. Seem like Feng Yu does not want to interfere with the company's operations. He can rest assured.

"That's great. I will see what types of machinery we need and will order from you."

There were no canning and bottling production lines in China, and these machines need to be imported. There were very expensive. If they can get second-hand machines, it will lower their cost by a lot. This will also be good for the company. As for the raw materials, Zhong Qingxian believes that with the company's reputation now, they can have a longer credit term.

Now, it will be possible to build 3 factories at once and start to produce the health supplement drinks, dairy products, and tea beverages.

The next day, the other two partners returned to Hangzhou. The four of them discussed for a while, and that afternoon, Feng Yu signed the agreement with them.

……

Feng Yu finally finished all of his tasks. The money he earned from the stock market was all spent, and he can finally rest for a few days.

Back at Bing City, Feng Yu went back to his school. He had skipped school for a while, and he misses it.

It was almost the final exams. All the year 3 students were preparing for the exams and the school had instructed the year 1 and 2 students to keep their volumes down. They were not allowed to disturb the year 3 students.

When Feng Yu appeared in the classroom, the other students were shocked.

Feng Yu was at school. What was he here?

Feng Yu was the special one among the year 3 students. He was the one to be admitted to Beijing University without the need for entrance exams. The form teacher also allows Feng Yu to skip classes and if he wants to attend classes, he was not allowed to disturb others. He can join the year 1 and 2 physical education classes or go to the library. If he does wish to attend classes, he can go where ever he wants as long as he does not disturb the other students.

All this while, Feng Yu had followed his teacher's last instructions. Not attending any classes.

The rest of the students were used to Feng Yu not attending classes. When Feng Yu suddenly appears, they were a bit not used to it. It felt that there was a newly transferred student in the class.

But the rest of the students looked at Feng Yu for a while and continued their revision. Only one person was not able to concentrate and kept looking at Feng Yu.

"Come, try this imported chocolate. It tastes good." Feng Yu walked over to Li Na, ignoring the school bells.

Li Na rolled her eyes and said: "Class is starting. Hurry back to your seat."

Feng Yu laughed and returned to his seat. He touched his desk and found that there was no dust on it. Someone had been cleaning his desk for him while he was away. It must be Li Na. She must be used to cleaning his desk and chair every day.

The teacher entered the classroom and saw Feng Yu. He was surprised. Why was Feng Yu here today? Could he be here because he misses the way I teach?

But after the teacher started the class, Feng Yu fell asleep on his desk.

The classroom was still a place that was good for sleeping.

The bell rang, signaling the end of class. Feng Yu woke up and rubbed his eyes. Li Na was in front of him smiling. The student sitting beside Feng Yu left, letting Li Na sit beside him.

"How come you are so busy for such a long time? Have you settled all your matters?"

"What's there to worry about when I handle all these matters personally? Everything is settled, and I can accompany you in class. I will only be busy after the exams."

During this period, Feng Yu noticed the importance of the management staffs. He will be attending university in Beijing soon, and he hoped that he would be able to recruit some good management staff for his company. There were a lot of future capable people from his university and the surrounding universities in Beijing.

But the ones he wanted to know, like Charles Zhang and Robin Li, were no longer in China. They were in the US to further their studies. But it was also a good thing for them to broaden their horizons and when Feng Yu graduated from university, he could help these people start their career.

By becoming an angel investor, Feng Yu can be friends with them and also, they will give Feng Yu lots of returns. In his past life, these people had sought foreign funds to invest in them, but this time, those foreign investors can move aside. Feng Yu will be the one that invests in these Chinese entrepreneurs.

Li Na smiled sweetly. She likes Feng Yu to accompany her, and she felt more confident with him around.

"Tomorrow is Sunday, and there is no school. I have checked the weather report and tomorrow there will be some winds. Why not we go to the river banks to fly kites? The teacher had said that one must rest once in a while for better grades. I had bought 2 big kites."

Li Na hesitated for a while and nodded. She doesn't mind what they do, as long as Feng Yu was with her.

Translator's notes:

1) Charles Zhang, is a Chinese businessman, investor and the Founder, Chairman and current CEO of Sohu Inc.

2) Robin Li, is a Chinese Internet entrepreneur, co-founder of the search engine Baidu, and one of the richest people in China, with a net worth of US$18.5 billion as of October 2017.

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It was considered Summer now, but Bing City's temperature was still less than 20 degrees Celsius.

The sky was clear with few clouds. The sun had just rose, and there was a gentle breeze. Underneath a willow tree, there was a girl in a light green dress.

The girl gently tucks her hair behind her ears and smiled towards Feng Yu.

Looking at the young man tripping and running while holding a kite that was bigger than him, she ran towards him: "Slow down, there is no rush."

The girl took out a handkerchief and helped that young man wiped his sweats.

"I had found out where that boat owner, Old Liu went to. He went to buy cigarettes. I had paid the deposit, and there was no reason for him to not turn up. Let's wait a while. He will be here soon."

Yesterday, after Li Na agreed to fly kites with him, he immediately looked for a boat and paid the deposit. He instructed the boat owner to wait for him at 9 am by the river bank. The boat will ferry them to the beach on the other bank. He had also prepared some food for a BBQ during lunch.

It was already 9.10 am and Old Liu had not appeared. Feng Yu asked Li Na to wait for him while he went to find out what happened.

Today, Feng Yu was enthusiastic. That moron Wen Dongjun had not joined them. He had sprained his ankle during a football match a few days ago. He had already secured a place in the university, and he was playing football and basketball every day.

Feng Yu was happy that he had sprained his ankle.

At least for a week, Wen Dongjun could not run about.

Actually, Wen Dongjun had wanted to join them today, but Feng Yu told him that he would not have the time to look after him. He would be so busy flying a kite and would not have the time to look after a handicapped person.

There were video games at home and videotapes. If he was still bored, Feng Yu also took the knitting kit from his sister. He told Wen Dongjun in a serious tone that knitting was interesting. Once you had knitted for a few hours, you will experience the thrill of knitting, and it was fun.

Wen Dongjun asked if Feng Yu had tried knitting before. Feng Yu looked at him and said: "I am so busy every day, where would I find the time to play? You go and try knitting. I need to fly my kite!"

……

After a while, the boat owner, Old Liu arrived and apologized to Feng Yu. The both of them boarded his boat. Feng Yu had booked his boat for the day, and once Old Liu sent them to their destination, he can sleep in the cabin. The amount he earned today was more than a week's income.

The boat arrived at the northern bank of the river, and Old Liu anchored the boat. He reminded Feng Yu to not to swim as the water was still freezing. He could get cramps easily in the waters.

Feng Yu rolled up his pants and jumped into the water. He asked Li Na to climb onto his back, and he carried Li Na to shore. On Feng Yu's back, Li Na was overjoyed. She wished she could stay on his back forever.

Old Liu help Feng Yu brought his kite to the shore and returned to the boat.

"You release the string, and I will hold the kite up. You run towards that direction. It is against the wind direction, and the kite will fly up easily." Feng Yu said, and he ran off to a distance with the kite.

"Pull the string. Okay. Now release bit by bit. It's up, the kite is flying!"

Feng Yu and Li Na shouted excitedly. That had succeeded the first time, and they had a sense of accomplishment.

Feng Yu had specially ordered this kite from an old craftsman. It was lovely. This morning, when Li Na saw the kite, she likes it immediately. Actually, Feng Yu ordered two kites. The other was in the form of a centipede. He thought about it, and he did not bring the centipede kite. He gave that kite to Wen Dongjun.

The kite flew higher and higher. Li Na kept releasing the string. The both of them held on to the string, laughing together.

"Look, the kite is so high now. It's beautiful!" Li Na pointed to the kite.

"I am the one who painted the butterfly's wings." Feng Yu proudly said.

"Is it the center of the left wings?"

Feng Yu exclaimed: "how do you know?"

Impossible. Li Na was not around when the kite was being made.

"It is because that part is the ugliest!" Li Na said, trying to hold back her laughter.

"Wa…. You dare to laugh at me? That wing is the nicest part of the kite. There must be something wrong with your eyes. Look carefully!" Feng Yu pretended to be angry.

"Hahaha, fine. Your painting is the nicest."

The both of them was flying a kite and teasing each other. One hour later, it was almost noon, and the both of them were tired.

Feng Yu starts to reel in the string and took out the BBQ equipment. He poured some alcohol on the charcoal and lit it.

Coughed……

He got all the steps right, but the wind direction changed suddenly. From being upwind, Feng Yu was now downwind. He inhaled the thick smoke and choked.

Li Na was laughing hard at him, and she tapped Feng Yu's hand: "Let me do it. You have not lit a fire at home before?"

Feng Yu "……" I had been living in a farmhouse until two years ago. It was the wind that changed direction. It had nothing to do with my fire starting skills.

Soon, the charcoals were burning red hot, and Feng Yu took out the lamb skewers and chicken wings to cook. He used a small brush to brush condiments on the food.

"What are you spreading on the chicken wings? It smells nice and why it smells a bit sweet?"

"Honey. You should not have tried before. Later you can have a taste of my cooking skills. I love to BBQ chicken wings, and I love to BBQ chicken wings for Li Na~~~" Feng Yu was singing some random songs he heard from the Stephen Chow's movies. He only changed the lyrics.

"What are you singing? It's awful." Li Na stared at Feng Yu.

"This is the . Come, I will teach you how to sing it. BBQ chicken wings, I love to eat Chicken wings~~~, Sing along with me!"

"……" Li Na: "I don't want to sing this song! You BBQ first, I will ask Old Liu to eat with us. Help me roast a piece of bread."

Feng Yu was feeling hurt. This song is so lovely, and my voice is so good. It must be just now, I did not sing it correctly. Hmmm…. I must practice it more: "BBQ chicken wings, I love to eat Chicken wings~~~."

Old Liu slowly walks towards Feng Yu with a small plate. It contains the small fishes he deep fried in the morning. Feng Yu had paid him so much, and he made some snacks for him. Feng Yu tasted one fish, and it was excellent.

"Young man, what are you singing just now? Chinese opera?" Old Liu laughed and asked.

Feng Yu: "……"

Li Na was trembling from holding back her laughter.

"Ermmm…. Old Liu, you must have heard wrong. I am just humming some tunes. I don't know any Chinese opera. Old Liu, your deep-fried fishes are delicious. Share with me your recipes."

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"Guangzheng, this time let Old Zhou and the rest help you to negotiate with the local government regarding the building of the branch factories."

"Uncle, do you think that Feng Yu will succeed this time? The automobile industry is not something that can achieve overnight. Furthermore, we are setting up new factories. Other than the high cost, we still do not have experienced workers. We are starting from zero. Why is Feng Yu so insistent to enter the automobile manufacturing industry?" Fu Guangzheng was not sure why Feng Yu wanted to do this. This was apparently a loss-making business.

"You only analyzed these?" Fu Rongqi looked at Fu Guangzheng.

This nephew of his had improved a lot in the recent years. He was more mature now, and Fu Rongqi was happy with his progress. The Fu family needs more capable next generation to take over his generation and let the Fu family continue to be one of Hong Kong's top influential family. In the recent years, Fu Guangzheng had been entering new industries which were different from the rest of the Fu family, and he was happy with his performance.

"1 billion RMB might seem to be a lot. But if it is only for 1 or 2 factories, that's still fine. China's future automobile market will be better than now, and that is the reason why Feng Yu wants to enter this industry. He is right to set up 5 new branch factories at the same time. Counting the current factory, that will be 6 automobile factories, and he still wants to build 4 more motorcycle factories. This is a business strategy to capture the market. However, his resources will be spread over so many factories. How can he develop this business?"

Investing 1 billion in the automobile manufacturing industry will not be a problem if there were experienced workers and the required technologies. But that was only the resources were gathered together. Now, the funds will be spread over so many factories, and each factory will just have about 100 million, and Fu Guangzheng felt that 100 million was not enough for an automobile factory.

"Then why didn't you withdraw your investment from the Machinery Company?" Fu Rongqi asked.

"Uncle, to be honest, I am treating this as a gamble. Feng Yu had been successful with all his investment. Since the day I know him, I had never seen him fail before. Every time he spends his money and looks like he was being taken advantage off, but in the end, he would be the one earning the most. When I know him, he does not have a lot of assets. Now, although I do not have the exact figures, I know that he is wealthier than my family and I even suspect that his wealth is catching up with you. That's why although I do not think that this project will do well, I am willing to take a gamble. At most, I will be losing some money. As long as the humidifiers and the bladeless fans are still around, Feng Yu will not fail, and I will not fail too! Furthermore, there is still the Aiwa Company, and their new product had launched in Japan, and China's launch will be in June!"

The more Fu Guangzheng know Feng Yu, the more he felt that Feng Yu was mysterious. His every decision does not make sense at first, but in the end, he was always right.

For example, the humidifiers and bladeless fans celebrity endorsements. Feng Yu did not pick the ones Fu Guangzheng chose, but instead, he asked Fu Guangzheng to sign contracts with two not so well-known celebrities. A second rated TV star Johnny Depp and Macaulay Culkin, a kid younger than 8 years old.

But last year, there were two box office hits which no one expected. One movie was , starring Johnny Depp, and the other , starring Macaulay Culkin. These two movies were hits, and these two main leads became famous overnight.

With these two actors' current popularity, the endorsement fees will be at more 10 times more than what they paid. Fu Guangzheng was puzzled. How come Feng Yu knew that these two actors will be famous?

Even if Feng Yu knew that these two actors will be acting in those two movies, how would he know that these films will be box office hits? Feng Yu had watched the movie before? Impossible. Feng Yu had never been to the US. The furthest he had been was Hong Kong!

But this was a fact. Although Fu Guangzheng did not know what happened, he could only guess that Feng Yu had some connections in the US. With the success of these two movies and the increased fame of the actors, the sales of the humidifiers and the bladeless fans also increased. Those bladeless fans stored in the warehouse were sold out a few days ago, and there were still more orders coming in.

Luckily the new factory in Dongguang's productivity was higher than Bing City and could still cope with the sudden increased demand. The last time Fu Guangzheng went to Bing City, he found out that Feng Yu now owns all the shares of the humidifiers and bladeless fans. He did not know how Feng Yu was able to get his hands on the Motor Factory and the Aviation Factory's shares. Now, the Motor Factory only acts as a contractor for Feng Yu to manufacture his products. Feng Yu's profits had increased by a lot.

When Fu Guangzheng suggested building a new factory to increase production, Feng Yu readily agrees. He even let Fu Guangzheng choose the location and do not mind about how much he had to invest.

This time, Feng Yu invested a considerable amount into the Machinery Company, Fu Rongqi had wanted to let Fu Guangzheng withdraw his investments and sell his shares to Feng Yu or Bing City Government. Fu Guangzheng's investment had already multiplied by several folds, and he did not need to take on so much risk with Feng Yu.

But this time Fu Guangzheng refused to listen to his eldest uncle. The Aiwa shares incident caused by his father had pissed Feng Yu off, which lead to his father being fooled by him. With the help of his eldest uncle, Feng Yu provided some information for his father to recoup his losses and still made some money, Fu Guangzheng knew that his relationship with Feng Yu was not as close as before.

If he chooses to withdraw his investments, that means the distance between him and Feng Yu will be even further. When Feng Yu had any excellent investment opportunities in the future, he would not ask Fu Guangzheng along. Also, Aiwa products that were launched in Japan two months ago were doing well. Hong Kong Aiwa's subsidiary will be in charge of China sales, and if Aiwa products sell well, Fu Guangzheng will also earn a lot.

If Fu Guangzheng and Feng Yu had any unpleasant encounters now, Feng Yu might break their contract, and Fu Guangzheng would lose this business.

Furthermore, there was still the humidifiers and bladeless fans. Fu Guangzheng and the rest of the Fu family had made quite a lot from these two products. After he explained to his eldest uncle, his uncle agreed with him.

His eldest uncle had told him that Feng Yu had good foresight and got access to some information network. But Feng Yu lacked one crucial thing. He lacks management talents!

Fu Guangzheng was not considered a talented person, but Fu Rongjing had taught him for many years, and now Fu Rongqi was also guiding him and even help him set up a management team. It can be said that Fu Guangzheng's management skills were much better than anyone from Feng Yu's company. He might even be better than Feng Yu.

Just this alone, Fu Guangzheng can help Feng Yu a lot. Feng Yu would also ditch him. Then when Feng Yu made money, he could also tag along. He would even be the bridge between Feng Yu and the Fu family. Fu Rongqi felt that this was more important than anything else.

"It's good that you have thought this out thoroughly. Go and settle everything with the local government as soon as possible. The earlier that factories are built, the better we can understand the market. The risk will also be smaller this way. Don't worry about failing. Now, China is developing very fast, and there are many opportunities. There are very few people as capable as Feng Yu nowadays!"

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Time flies, and soon the high school final exams were over.

After the last exam, Feng Yu looked at the smiling Li Na who was walking out of the examination halls. He knew that she would do well in her exams.

"How was it? I had said that with your results, you should have no problems getting good grades." Feng Yu said while passing her a bottle of Jianlibao.

"I had seen many similar questions before." Li Na nodded. She was too excited, and her face was blushing.

There were many parents around waiting for their children. High school exams was a big event for them. It was even more important than the high school exams in the future. Now, if their children get into the University, they would be assigned jobs, and in the future, they would be leaders.

In that era, Studying can change one's fate. Some poor villages even pooled the whole village resources to let one child get into the university.

"Your sister should have done well for her exams. She must be able to get into a university. I still don't know how my brother does in his exams. Bro, want a smoke?" A man in his 20s beside them passed Feng Yu a cigarette. He thought that Li Na was Feng Yu's sister. He did not think that the both of them were dating.

At their age, many were already dating, and even some were married. Those that were underage would have their wedding banquets first, and when they passed their legal age, they would then register their marriage. But for university students, especially in the City, it was uncommon.

"Thanks, but I don't some. I still have something on, and we will make a move first. Good luck to your brother."

That man saw Feng Yu left with his "sister' in a car and it was still an imported car. He eyes grew wide. This guy's family was so wealthy. He can never afford this type of cars. He still has to send his brother to University, and after his brother become a leader in the future, he would also get the opportunity to own a small car.

"Where are you bringing me to?"

"To the fun fair. The Ferris wheel had started operating. Didn't you want to ride the Ferris wheel? We finally got the chance to go there. The school now must be messy. You will know tonight."

It was not sure when it started, there was a tradition of throwing books after the high school final exams. It was as if all the students were releasing all their examination stress and saying farewell to the school. There were even howling, and Feng Yu even saw a student throwing away his pencil case after the exams.

Of course, Feng Yu had also done that in his previous life. But this life, he had no stress at all. The school was like a playground for him. He did not even attend the exams, why would he have stress?

With Li Na's character, she would not participate in those crazy activities. That's why it was better for Feng Yu to bring her out.

They played at the fun fair for about an hour, and the sky starts to turn dark. After dinner, Feng Yu sent Li Na back to her hostel. Tomorrow will be the day for the students to apply for the universities. Li Na's first choice was Beijing Teaching University. That evening, the school had organized a party for the students at the nearby cultural palace. This was to celebrate the graduation of the third years.

"Eh, look at what I am wearing today. Do I look handsome?" Wen Dongjun asked while standing in front of a mirror. Because he had gotten a place in Beijing Technological University, he was an honored student, and he would be receiving an award from the school tonight.

Feng Yu glanced at him: "Yes, you are so handsome! I heard that you will even be performing at the party. Have your practice? Don't disgrace yourself."

When Feng Yu mentioned this, Wen Dongjun's face changed: "Sigh… how did the teacher plan this performance? I only get to say the last line!"

"The last line is always the most important. This is the teacher taking care of you. Perform well. I will cheer for you." Feng Yu said while trying to hold back his laughter. The last line was typically reserved for the worst performer. This teacher could tell Wen Dongjun's capabilities!

……

The party started, and there were performances like singing, dancing, and many other performances. There were also plays. Some of the year 3 students participated in these performances, and some were from the junior high school students nearby. These students had to practice for this performance before their final exams.

When it was Wen Dongjun's turn, Feng Yu almost died from laughing.

Wen Dongjun was 1.85m tall and the teacher team him up with 3 other junior high school students who were 1.4m.

This sharp contrast had a substantial impact on the audiences. When the audience saw the sour look on Wen Dongjun's face, everyone burst out in laughter. Wen Dongjun was famous in school for his height and his skills in basketball and football. He was even exempted from the entrance exams to Beijing Technological University. All the other students envied him.

But today, he was the joke of the party. Luckily Wen Dongjun was a shameless person, and he could still carry on with his performance.

"Third Highschool had lots of outstanding students, and all of them are the future leaders. They had worked hard to go to Beijing. I am exempted from the entrance exams!"

But he did not notice that every line he said, he had to bend his knees slightly. He looks very weird.

After his performance ended, he was feeling proud. Look, my performance was excellent. I received the most laughter and applause. But he did not know that it was because of other reasons.

The other three junior high school students were wearing their school uniforms. Only Wen Dongjun was wearing formal wear. The contrast was too big. All his lines were boasting, and this was in line with his character. The teacher really understands him well!

After the party ended, some of the students were not satisfied. Someone suggested a BBQ on a small island in the north of the river tomorrow, and lots of students agreed.

Feng Yu thought for a while. This might the last time he will be with these students. He also accepted the invitation.

……

"Teachers, today, the both of us invited you here is to thank all of you for your guidance these few years……" Feng Yu and Li Na had reserved a table at a restaurant to thank their teachers.

"The both of you are good students, and I am proud to have taught the both of you." The form teacher said.

He was the most qualified person to say this. He was Feng Yu and Li Na's form teacher from year 1 to year 3. He got the chance to teach Arts stream was also because of Feng Yu.

At first, the form teacher was not happy. Getting good results in Science stream was easy. But now, he felt that Arts stream was also able to achieve outstanding results. It does not matter how other students fare in their exams. Feng Yu's admittance into Beijing University was enough for him to brag to the coming few batches of students. He can claim that he had taught an outstanding student.

The form teacher also got a good performance appraisal because of this class.

The only regret was that after Feng Yu graduate, he would not receive expensive gifts during festivals. Every festival, Feng Yu had asked his men to send his teacher gifts. The last Lunar New Year, the form teacher had received gifts that were worth more than his one-year salary.

Of course, he had also taken good care of Feng Yu and Li Na. Now, both students were admitted to the universities in Beijing, he would not feel guilty for closing one eye and letting the both of them do whatever they wanted.

The form teacher slowly stood up and raise his glass: "Come, let us toast and wish the both of them to have a good future!

Translator notes: Finally, Feng Yu had graduated from High School after 300 chapters. Will the university also takes another 300 chapters?

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Three days after the final exams, Feng Yu drove Wen Dongjun and the other two back to their district.

There were only the 4 of them in the car. Their luggage was handed over to Wind and Rain Logistics. Their trucks will be making a trip to Tai Hua Food Processing Factory tomorrow, and they will be sending their luggage on the way.

When they start High School, they had very little luggage. But after graduation, Feng Yu found that his car could not even carry Li Na's luggage.

Maybe Feng Yu had bought too many gifts for Li Na.

After sending his friends home, Feng Yu slowly drove back. When he returned home, his mother was cooking in the kitchen.

"You are back. Hurry, go and wash your hands. We will eat after I finish the last dish."

"Where's dad? Is he still at the factory? Didn't we hire someone to manage the factory?" Feng Yu frowned. It was already noon and why was his father still so busy?

"Your father went to your Uncle Wen's house for a drink. Your Uncle Wen was promoted!"

Uncle Wen promoted? He was just promoted to deputy chief not long ago. How come he was promoted again?

He was promoted to the Chief of the farm department? Wasn't this too fast?

"Mum, is Uncle Wen going to be the Chief of the Farm department?" Feng Yu had an unbelievable look on his face. Was this considered the legendary high-flier?

From his progression, Uncle Wen should be retiring with a high rank. Who would believe this would happen in the past?

"Yes. It was announced this morning, and your Uncle Wen had just returned from his office. He immediately asked your father over for a drink to celebrate. Your father has a lot to do with his promotion." Zhang Muhua said proudly.

The Feng family had made a lot of investments in the district, and their factories were developing very fast. Their process food factory and Tai Peng pig farm were featured many times on the provincial TV news.

During every interview, when the reporters asked Feng Xingtai about his secret to his success, he would say that it was because he got the help of the Chief and Deputy Chief Wen of the Farm Department, and the hard work of all the workers.

If it was once or twice, it was still okay. But it was a few dozen times. Even the higher-ups also noticed this.

The Chief was already due for his promotion. He was promoted straight to the position of a county Mayor. When the country's Party committee secretary retires in 2 years' time, he would be taking over that position.

The Chief knew that his promotion was because of the relationship between Wen Deguang and Feng Xingtai. He had the credit for the district's development. After all, the food processing factory and the pig farm were set up during his term as the chief of the farm department. In the future, whenever people talk about these two companies, he would be mentioned.

Who can continue to have good relationships with the Feng family? Other than Wen Deguang, there was no one else! At first, there were other experienced Deputy Chiefs that tried to use their connections to get this position. But soon, they stopped. Even the Provincial Farm Department head had praised Wen Deguang for his performance.

They were bitter about this. Wen Deguang was always smiling and looking harmless. But they never expected that he had connections with the Provincial Department head.

Their head had already spoken and who would dare to vie for the position of Chief? They can only remain as Deputies and carry on with their duties. They still have the chance after Wen Deguang was promoted again and transferred out.

The head of the Provincial Farm Department had already noticed Wen Deguang, and his next promotion should be fast too. With the speed of his promotion, he should be promoted again within the next 3 years. The deputies can still afford to wait.

Even if Wen Deguang were not promoted, with the district development speed, they would also get some credit. They can always apply for transfer to other districts. They might even be transferred to the County's department.

There was only about 20,000 population in the district. But in a county, the population was a few hundred thousand. With more people and a more significant area, they will have more authority. The Deputies had straightened out their thoughts and decided to focus on their work to build up more credentials. They would wait for any vacancies at the County and request for a transfer.

Wen Deguang was also surprised by his promotion. Although he knew that he would eventually become the Chief of the District Farm Department, he never expects it to be so soon. Furthermore, he would be taking over the role of the District's Party Committee Secretary in two years' time.

Feng Yu rubbed his chin, thinking about Wen Deguang's promotion. The Provincial leaders really think highly of him? Wen Deguang should not have been to the Provincial government office before. The furthest he went was the City Government.

This means that someone had spoken to the leaders at the Provincial Farm Department. Who was this person? Could it be Zhang Han's father?

Feng Yu felt that this possibility was not high!

Zhang Han's father was also a leader in the Provincial Government. It was already a blessing he did not stop his daughter was dating with Wen Dongjun. He should not be helping Wen Dongjun's father.

Was it Zhang Ruiqiang? Feng Yu had mentioned Wen Deguang a few times, and he remembered? Zhang Ruiqiang was transferred to the City from the Provincial Government. He should know the leaders of the Provincial Farm Department. But it doesn't seem right.

If it were Zhang Ruiqiang, he would surely tell Feng Yu. Someone had done him a favor secretly, what was this person's motive?

Feng Yu wants Wen Deguang to be the Chief of the District's Farm Department. That was because Uncle Wen would never cheat his family. If it was another person, he might make things difficult for his family.

Tai Hua Food Processing Factory and Tian Peng Pig farm were making a lot of money. Last year, some people asked Feng Xingtai to fund the repairs for the roads leading to the farm. There were even people who requested Feng Xingtai to renovate the Farm Department's office.

Those people act as if they own the money earned by Feng Xingtai. No, it was not the same. These people will never take out money from their own pockets to do these.

Of course, all these suggestions were stopped by Wen Deguang. Feng Xingtai had already donated to the schools in the district and had helped the Farm Department saved lots of money. Repairing the roads still made senses, but renovating the offices? You think the Feng family are stupid?

Feng Xingtai was not happy too. What he donated to the schools was to let the future generations to remember and have honor for his family. Renovating the offices for the leaders? Even without renovating, all the leaders at the district knew him.

Feng Yu supported his father on this matter. He even encouraged his father to blow up this matter. These people dare to try and take advantage of his family!

Now, Wen Deguang was promoted to the Chief and that person who wanted Feng Xingtai to renovate their offices was transferred to other places. He became a small supervisor in charge of filing. He was not even 50 years' old and was assigned to these types of backend role! His future chances of promotion had become very slim.

"Mum, I had bought 2 dresses for you. See if you like it."

Zhang Muhua smiled: "I like it as long as it is bought by you. Next time doesn't waste money."

The mother and son sat down for lunch and chatted about the minor things that had happened in the district.

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At about 3 pm, Wen Dongjun carried the drunk Feng Xingtai back. Feng Yu was speechless. Was there a need to drink so much for someone else promotions?

When Wen Dongjun said that he needs to go back and take care of his father, Feng Yu knew that Uncle Wen was also drunk.

Feng Xingtai slept until the skies turned dark. Feng Yu woke him up. He was finally sober after he washed his face.

"Huh? Xiao Yu, when are you back?"

Feng Yu: "……" Who do you think was the one that took care of you the whole afternoon?

"Dad, what were you talking with Uncle Wen? I heard from Dongjun that the both of you were chatting happily and drank more and more."

Feng Yu knew that his father could hold his liquor well and could easily finish a bottle of Baijiu by himself. Feng Xingtai was drunk today because he and Wen Deguang drank 2 bottles of Baijiu each!

According to Wen Dongjun, the both of them was drinking happily and the more they talk, the more they drank. If it were not for Wen Dongjun stopping them, the both of them would open 2 more bottles!

"Nothing much. We are talking about the food factory and the pig farm's future development." Feng Xingtai said and drank a glass of warm water.

Huh? Dad was concern about the developments of the factory and farm? But Feng Yu does not trust the foresight of them. The both of them seldom leave the district and could not accept new things. Their vision was not as good as Feng Yu. Feng Yu was curious what was the development they were talking about.

"Dad, what is your development plans?" Feng Yu sat down beside his father.

Feng Xingtai looked at his son and said proudly: "Our brand of pork is now famous throughout the province and even Lin Province is ordering from us. When we started this farm, we had invested a lot of money, and now, we have earned back all our investments. So, the both of us decided to set up another pig farm to increase our scale!"

Feng Yu paused for a while and asked: "Dad, are you going to build the new farm in our district?"

"Of course! It will be in our district. Why should I set up the new farm in another district?" Feng Xingtai rolled his eyes at Feng Yu.

Feng Yu slapped his own forehead. He got a headache. Just the current pig farm, they were supplying to the whole province, and they were even selling to the neighboring provinces. Building a new farm in the district? His dad did not even consider the transportation problems.

"Dad, we cannot even set up the new farm in other district or even in our province. I had told you before. Our pig farm can work with other small farms. Let the other smaller farms to use our method to rear the pigs and buy the animal feed from us. We will sign a contract with them to buy their pigs. We will also let them use our Tian Peng Pig brand to sell their pigs. This method was already implemented in our district, and it had achieved good results. You can use the same method in other provinces or asked the local government of the area to set up a factory there, and we will use our brand name to invest in that factory. This would be the best solution."

"What are you talking about? Using our brand name to invest?" Feng Xingtai does not understand. A brand name can be used to invest?

"Dad, is our Tian Peng brand of pork selling higher than other brands of pork? Is it the most popular pork in the market? Do you still remember that there was some businessman that wanted to buy our brand name? We can claim that as long as the pork is selling under our brand, they will become premium pork! This is the value of our brand name. We can invest using the value of our brand!" Feng Yu used the simple words to explain to his father.

"Then how do we do that?"

"We let others build pig farms, use our animal feeds, and then sign a contract with them. Their pork will be selling under our Tian Peng Brand, and we will be getting a share of the profits."

"How much will be the percentage?"

"Should be about 10%. After all, we will not be coming out with a single cent and do not have to worry about anything. We can still sell them our animal feed."

"That's too little. What's the point of doing that? We can set up our own farm, and everything we earn will be ours!" Now, 10% of profits do not attract Feng Xingtai at all.

Feng Yu had told him their Machinery Company shares now were worth about 30 to 40 million. The food processing factory and the pig farm was also worth a lot too. Feng Xingtai was now considered a tycoon!

If he wants to do it, he must be doing it on a big scale!

When Feng Yu heard his father saying this, he was speechless. Even if his father wants to set up a new farm, he should not be setting up the farm in their district.

"Dad, it's fine if you want to set up our own farm. But we cannot set up in our province. We cannot set up the farm even in Lin Province. The nearest we can set up will be at Liao Province. Now we can even sell our pigs to Lin Province. If we set up the new farm at Lin Province, our market will overlap, and it will not be good for us if we want to increase our scale. If we are rearing more pigs, then how much will it cost to transport our pigs to Liao Province?"

"But I am not familiar with Liao Province. Furthermore, didn't you say that there is a big pig farm and an animal feed factory there? Will it work out?"

Feng Yu smiled: "Dad, there is still good news which I have not told you. That animal feed factory in Liao Province was not doing well. If you bring some money there, you can buy over that factory and manufacture our Tai Hua brand of animal feed. The pig farms there were not doing well too. They are still using the traditional method. Even though their pig farm's scale is quite big, they did not manage the farm well. The farms had poor hygiene and earlier this year, there was even an outbreak of swine fever. The farmers had lost quite a lot of money. We can also buy over their farms."

"You want to buy but do they want to sell?"

"Dad, didn't a businessman buy over the textile factory in the City? If you make the right offer, do you think the government there would rather make losses or sell the factory and farm to us? If you want, I can help you. Everything will be settled within two months. No matter what, you cannot set up a new farm in our district!"

"But I had promised your Uncle Wen that we will increase our scale and our profits. What should I do?" Feng Xingtai was regretting promising Wen Deguang.

Feng Yu laughed: "What's there to worry about? We can register a company in our district, and the factory and farms will be the branches of our company. This will settle all the problems. But I would suggest registering the company in the City. The district is too small."

"What you mean by the district is too small. You go and register the company in the district! Then can we still expand our food processing factory?"

"Dad, when I wanted to build this factory, you still think that it was a waste of money to build such a big factory. Why do you want to expand the factory now? The food factory should be the same. We must set up a branch factory in Lin Province. This way, we can also enter the Beijing market. This is like war. We must strategize and plan where to deploy our troops. This way, our company will develop faster and stronger."

"Hmmm…. Okay. You go and settle everything. The food factory and pig farm have about 10 million in the accounts. Will it be enough?"

"Don't worry, your son is around. But I need to make things clear. We will hire someone to manage the farms and factories there. You must not try to do everything by yourself. If you are free, you should travel around China with mum. If the both of you are bored with China, you can go overseas. Last year, you went to Beijing to watch the Asian Games. Isn't that fun? Don't worry about business. I promise you that in the future, whenever anyone in China talks about pigs, they will think of you."

"Okay. Huh? What did you say? It was a long time since I gave you a beating. Are you itching for one now?"

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"Guangzheng, I heard that Wind and Rain Consultancy had moved most of its funds to the US. What do you think Feng Yu is going to do? He wants to enter the US market?" Fu Rongjing frowned and asked.

"Dad, what's there to worry about? Even if Feng Yu had moved all his money out of Hong Kong, he would never give up his businesses in China. Don't forget he is Chinese. The financial market in China is not as developed as Hong Kong. If Feng Yu wants to enter the financial industry, he will still come to Hong Kong. Uncle also told me that the lawyer, Mr. Wilson had left for the US a few days ago."

"Wilson? That means Feng Yu is investing in something in the US?"

Even lawyer had traveled over to the US. That means it was for the contract signing. What investment was that for Wind and Rain Consultancy to use most of their funds? That was a few hundred million USD.

"Dad, stop monitoring Wind and Rain Consultancy. Since Feng Yu did not mention anything about it, that means he does not want us to tag along in this investment. What we should do now is to manage Aiwa company's sales." Fu Guangzheng was not curious about what the investment was since Feng Yu did not tell him. Now, he understands one thing. If he treats Feng Yu sincerely, Feng Yu will do the same to him!

"Hmmm, I will help you with Hong Kong, Macau and Taiwan. You will focus on the China market." Fu Rongjing nodded, Hong Kong's Aiwa company's market was the whole of Asia.

The Fu family had well-established sales channels. But in China, their sales distribution channels were not set up yet. Actually, Fu Rongjing wanted to a Chinese distribution company to act as their agent, but Fu Guangzheng refused.

Fu Guangzheng knew that Feng Yu had already established a good network of distributors for home appliances. Walkman and radios should not be a problem for him.

Furthermore, Hong kong's Aiwa company was the primary distributor appointed by AIWA Japan, and Feng Yu was the controlling shareholder for AIWA Japan. Why would Feng Yu reject Fu Guangzheng to be the distributor in China?

If it was not for AIWA setting up Hong Kong Aiwa company before Feng Yu bought AIWA shares, Fu Guangzheng felt that Feng Yu would personally be the distributor for AIWA products.

Fu Guangzheng had done the market research in China and there were already Walkman in China now. But the best selling brand was Sony. He had bought the Sony Walkman and made a comparison with AIWA Walkman. AIWA Walkman was better in design, sound quality and prices.

Especially the sound quality. This was the most important. He believes that the sales of AIWA products in China will not be too bad.

……

"You want our Tai Hua Trading home appliances dealers' contacts? No problem. I will let Wu Zhigang pass it to you. Do you know how to negotiate with those dealers?" Feng Yu asked.

Fu Guangzheng was thinking in his heart. Although you, Feng Yu had developed very fast in the recent years, our Fu family had negotiated with thousands of dealers before. I still do not know how to negotiate with them?

But since Feng Yu asked him about this, he must have some other meanings. Could it be that this negotiation will be difficult?

"How should I negotiate with them?" Fu Guangzheng asked curiously.

"The dealers I am dealing with are all the top dealers in their respective provinces. They have their ways of doing things and have strong financial backings. If you are negotiating with them, what will you be offering them?"

"I will give them a profit of 10 RMB for every Walkman. This should be enough to attract them, right?"

Now, the Walkman prices were over 100 RMB, and for a place where the average annual income was only about 1,500 RMB, it was a big-ticket item. It can even be considered a luxury product.

10 RMB profit was considered very high, and Fu Guangzheng felt that the dealers should be able to accept it. If one dealer sells about 10,000 Walkman a year, that would be profits of over a hundred thousand RMB.

"I am not saying that you are offering too low. I think your offer is too high."

"Too high?" Fu Guangzheng was confused. 10 RMB profit was too high?

"I think 5 RMB for every Walkman should be enough. You can create a reward system and those that sold a certain number of Walkman, you will give them some bonus. This way, some dealers will be getting less than 10 RMB per Walkman, and some will be getting more. But those that will be getting more than 10 RMB profits will be generating more sales than what you expected!"

Fu Guangzheng nodded. His family had also used this reward system before, and he understood immediately. But should he set the minimum number of Walkman lower? Will the dealers agree to 10,000 units?

"I understand and also knows how to set up this reward system. But what about the minimum number of units? I wanted to set the minimum number of units at 10,000 units per year. If I am to introduce the reward system, should I set it lower?"

Feng Yu was laughing in his heart. Fu Guangzheng really does not understand the Chinese market. From the sales of the bladeless fans, Feng Yu knew that there were more wealthy Chinese now and they were more willing to spend.

In his previous life, without factoring in the other brands, Sony Walkman alone had sold a few million Walkman a year. The total number of Walkman sold in China was more than 10 million units.

Although it was still slightly early, Sony's sales in China was less than 200,000 units. That was because the sound quality of the Sony Walkman was terrible. It was not as good as those big radios. Also, Sony did not use the right marketing strategies.

The target audience for Walkman was the young adults and teenagers. In Feng Yu's past life, there were some high school students used the excuse of learning English to get their parents to buy a Walkman for them!

Sony's marketing strategies were emphasizing music and sound quality. The parents in China think that listening to music was a waste of time! Learning English are good kids.

Feng Yu had even thought about the commercial. A high school student using the Walkman to learn English, Russian and other educational knowledge. Those parents will never stop their kids from getting a Walkman. They would even buy the Walkman for their children.

Feng Yu does not care if their child really uses the Walkman to learn foreign languages or listened to English songs. This way, the annual sales of Walkman will definitely 's exceed Fu Guangzheng's expectations. Feng Yu even felt that this remaining 6 months of the year, the sales could hit more than 500,000 units!

"The minimum number of units is too low. It should be at least 12,000 units. I am talking about the average per province. There are some provinces, like Beijing, Shanghai that should be set higher and some provinces without minimum units. Places like Tibet have low population and the development at these regions were slower. But there should be at least over 20 provinces that can sell more than 12,000 units. I am not talking about annual. I am talking about from now until the end of the year."

"What? From now until the end of the year? There is only 6 months left. You think the average sales for each province will exceed 12,000 units? That means every month there would be more than 2,000 units sold. Is it even possible? I had done a market research. Sony only sold less than 150,000 units last year. This year, they might reach 200,000 units. We have only 6 months left and you think we can perform better than Sony?"

Feng Yu smile and said: "Leave the commercial to me. There were many reasons why Sony was not doing well. The most important reason was that Sony is a Japanese Company. But AIWA is a Chinese company!"

In his past life, AIWA was able to overtake Sony in China was because of 爱华 (AIWA's Chinese characters. Ai = Love, and wa = Chinese or China). The consumers in China misunderstood that AIWA was a Chinese company and now, the consumer does not need to misinterpret this company. Because AIWA was controlled by a Chinese!

It was better for a Chinese to control the Chinese market!

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Although Feng Yu had explained to Fu Guangzheng, Fu Guangzheng felt it was not really possible. He thought that it was still possible for them to reach Sony's sales in one year, but to exceed Sony for 6 months was too difficult!

What company was Sony? It was an MNC, the market leader in electronics products! AIWA was still owned by Sony last year. If AIWA was able to exceed Sony, why would Sony sell their AIWA shares to Feng Yu?

Fu Guagzheng felt that Feng Yu was too optimistic. Even if Sony did not focus on the Chinese market, but from their performance in the Western countries, Sony will be the market leader in China, sooner or later.

Feng Yu only told Fu Guangzheng to go and tell the dealers what he said. If those dealers accept it, then it's okay. If not, Fu Guangzheng can use his own ways.

Fu Guangzheng thought for a while. He did not return back to Hong Kong, but instead, he asked all the dealers to Bing City for negotiations. This way, he can discuss with Feng Yu.

Those dealers heard that there was a new Walkman brand looking for dealers and they were interested. However, they decided to work together and try to get the most benefits out of this deal.

After all, they were the ones who had the sales distribution channels. If they work together, they would be able to increase their profits.

When the dealers were notified that this meeting would be at Bing City, one person came to their minds. This person had a bad temper and will chase people out of the room if he was not happy. But his products were selling very well, and the dealers had all made a lot of money from working with this person. Their success now can be said to be due to this person.

There were at least 800 to 1000 dealers in China when they started. But the few of them overtook the rest of the dealers. It was all because of this company's products. These dealers were all famous people in their provinces.

When the names of these dealers were mentioned, the first thought that comes to people's mind was this dealer was a successful businessman, and he was wealthy!

……

"Mr. Huang, do you know about this Hong Kong's Aiwa company?"

"Although I am based in Guangdong, I had never heard of this company. What AIWA brand? I have not heard of it before. It should be a new electronics company."

"But this company is named as Hong Kong Aiwa Company. It should be registered in Hong Kong. Why did they host the meeting in the north? Do you think……"

"Are you trying to say that this company had something to do with Tai Hua Trading?"

"It might be possible. Both companies had one character that's the same."

"But the one who contacted us is not from Tai Hua Trading."

"Then how did this company get our contacts?"

These dealers were familiar with each other, and they were trying to find out who was the boss of this Hong Kong Aiwa Company. All of them had never heard of this company before.

……

"Hi everybody, I am the General Manager of Hong Kong Aiwa company, Fu Guangzheng. I had invited all of you to be here is to talk about AIWA brand Walkman and the sales distribution. All of you are the most successful dealers in your provinces, and I believe that our cooperation will be a win-win situation for us……"

Fu Guangzheng had rented a conference room for this meeting. He did not use Tai Hua Trading's meeting room. He used his usual tactics where he would praise the dealers first and then start to introduce his products. He hoped to attract the attention of these dealers, and they would work with him.

But after speaking for a while, there was a lack of interest from these dealers. Some were even yawning.

Fu Guangzheng was getting nervous. What was happening? Could it be the features of this Walkman were not appealing to them? If these dealers were not interested, how would he negotiate with the profits later?

"Manager Fu, just tell us how much the wholesale price is, and see if we can accept it." Someone lazily said.

"The wholesale price is 150 RMB per unit."

"What does this 150 RMB include? Just a Walkman?"

"There will still be headphones and a sample cassette tape." Fu Guangzheng explained.

"Those are all standard accessories. That means the wholesale price is only 100 RMB. Then who is responsible for the transportation charges?" Someone else asked.

"All of you will be responsible for the transportation charges. I will only send the Walkman to the port in Shenzhen. These Walkman are all imported, so it is slightly expensive."

"A Walkman in the market is only selling at 150 to 230 RMB. You had set the wholesale price so high and factoring in the transportation, storage, advertising, etc., our cost will be more than 170 RMB. Then how much should we sell to retailers in our downline? How much is the retail price? Yours is a new brand, and you want to set the retail price higher than Sony's newest model of Walkman? You think people will buy?" Someone shouted.

"Also, I think you should be paying for the marketing and promotion fees. The wholesale price should be lowered to 120 RMB. I believe that you will still have high profits. Walkman is just some electronic board with some magnetic components. How high can your cost be?"

"That's right. Your company should also be paying for the transportation charges, or you can ship the Walkman to the places we want. We will not pay for this transportation."

……

This group of dealers was all shouting out their conditions. They were all China's top dealers for home appliances. Even the products from the state-owned enterprises were sold by them. When all of them work together, all the factories got to bow down to them and accept their conditions.

Fu Guangzheng was breaking out in cold sweat. He was not regretting listening to Feng Yu and meeting all the dealers together. He should meet them one by one. It was evident that they were in cahoots.

Seems like he needs to reveal his last trick up his sleeves!

"Everybody, please be quiet. Aren't all of you curious how did I get your contacts and why was this meeting held in Bing City? It is because of Tai Hua Trading!"

Those dealers looked at each other. Tai Hua Trading? This was indeed the case. Shit.

Suddenly one of the dealers shouted: "You are also not from Tai Hua Trading. Don't think by saying this, we will lower down our requirements."

"Right. These are all our conditions. If you do not accept it, look for someone else."

"That's right. Other than us, I want to see who else can you sell your products to!"

"Humph! At most, we won't do your business."

"That's right. If you do not accept our conditions, we will not sell your products!"

The door suddenly opened, and a young man walked in smiling: "What? All of you are not interested? Fine. I will look for someone else."

The conference room became quiet suddenly. One could even hear a pin drop. All the dealers who were shouting just now had a weird expression on their face.

Why was he here?

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All the arrogant dealers were all swallowing their saliva and shaking. It was apparent that they were scared of this person.

"Manager Feng, why are you here?" Fatty Huang from Guangdong smiled and asked.

"Manager Fu is my friend, and this AIWA Walkman is our product. Why shouldn't I be here? If I did not attend this meeting, all of you would be taking away all the profits." Feng Yu smiled and said casually. But the things he said, gave the dealers immerse pressure.

All of them knew Feng Yu's temper. If they still carry on with their attitude, Feng Yu would surely flip.

When Feng Yu flips, the dealer will no longer get to sell the profitable motorcycles, humidifiers, and bladeless fans. Now, the Wind and Rain appliances and Songjiang motorcycles were selling all over China. Feng Yu does not need these dealers at all. He can quickly get a new batch of dealers anytime. All the sales channels of these dealers were no longer important to Feng Yu.

But the dealers were curious why Feng Yu did not use Wind and Rain brand since he said that this Walkman was his. If he had used the Wind and Rain brand, then the sales will definitely be good.

"Manager Feng, we are just joking around. Businesses need to negotiate. Everyone is just voicing out their conditions. Everything can still be negotiated."

"Really? That's good. I thought I had not met all of you for about a month and all of you are not giving me face. Since everything can be negotiated, then I will tell you my conditions. Now, we are introducing the newest model of Walkman. The wholesale price is 150 RMB. All of you will be given a minimum target. Once you exceed the minimum, there will be tiers, and you will be getting incentives. Hover, if you are not able to reach the minimum target, you will be penalized. Is this condition reasonable?"

"Yes, yes……" All the dealers nodded and agreed.

"That's good. Then I will say my second condition. The retail price will be set within a range. The dealers can decide how much to sell within this range. But if I find out anyone that is not selling the Walkman within this range, the dealer in charge of that region will be responsible!" Feng Yu sat down on a chair and crossed his legs.

"Manager Feng, what will be the range?"

"230 to 250 RMB. I had calculated. Because of the transportation, your cost will be slightly higher. Also, there are differences in the development of your provinces, and the size of your market will vary. That why I had set the retail price within a range. All of you can decide how much to sell within the range. I will also print "Recommended Retail price: 248 RMB" on the Walkman packaging."

The group of dealers was all smart businessmen. All of them knew what Feng Yu was talking about. Now, when people were buying expensive items, they still tend to bargain. Even if they managed to save 1 RMB, they would be happy.

With this "Recommended retail price" printed on the packaging, it means that this price was only suggested and was not the final selling price. If the consumers were willing to accept this price, then it's okay. If not, the dealers can still negotiate with the consumers. The dealers still get to decide the selling price.

The dealers made a mental calculation. The cost of a Walkman was at least 170 RMB, and at most, it would be 190 RMB. They still need to split their profits with their downline and their earnings would be between 10 RMB and 30 RMB.

But the dealers were not really happy even with these high profits. They knew that Feng Yu will surely set different minimum targets and rewards for them. All the dealers will still make some profits, but the difference between them will not be significant.

When they started selling Wind and Rain humidifiers, Tai Hua Trading had given them some concessions for the transportation. But after that, Wind and Rain electric fans had additional conditions. The dealers knew that this time, all these conditions will be included in their contracts.

Feng Yu continued: "Do all of you know who the targeted segment for this Walkman is?"

"Young adults. They like to listen to music. It is definitely not those old men and women." Someone shouted.

"Hahaha, ~~~" Everyone laughed.

"Wrong!" Feng Yu roared.

All the dealers stopped laughing. What? This targeted segment is wrong? The most popular Walkman brand, Sony is targeting this segment. What's wrong?

Other than the young adults, who else would buy a Walkman? Walkman is just portable music players with slightly better music quality.

"Manager Feng, Walkman is for those young adults to listen to music. What's wrong?" Someone was not satisfied. Even if you are Manager Feng, you can't be right every time. All of us had thought this way, it can't be everyone is wrong.

"Although our Walkman has better sound quality than the other brands of Walkman in the market, our Walkman are learning tools!" Feng Yu seriously said.

Huh? Learning tool?

All the jaws of the dealers dropped. Even Fu Guangzheng, standing by the side was confused. This Walkman is just a small music player. Even the recording function was removed due to the regulations. How can it be used as a learning tool?

Who had heard of using a music player as a learning tool? What does Feng Yu mean? Was he joking with us?

"All of you don't understand? Mr. Huang, how old is your child?" Feng Yu suddenly asked Fatty Huang.

"13 years' old. He is in year 2 of junior high school."

"Does your child learn foreign languages?"

"Of course. The school has English lessons. But my son's grades for English is not very good. Manager Zhao's son has good grades. His son is always in the top 3 of the class!" When mentioned about his son's grades, Fatty Huang did not have his usual arrogance.

He was the richest among these dealers, but when they compared their children, his son could not be compared to the other dealers' children. This had been bothering him!

Eh? We were still talking about Walkman and why are we discussing my son's grades?

"Mr. Huang, I am able to say this because I am good in English and Russian. From my experience, to learn foreign languages, one needs to listen more and speak more." Feng Yu said this and picked up the Walkman on the table.

Listen more? Listen to cassette tapes in foreign languages?

"Mr. Huang, if your son says he wants a Walkman to listen to songs, will you buy one for your son? But if your son comes to you and says he needs a Walkman to help him learn English, will you buy it?"

Fatty Huang's eyes shined: "Of course I am willing to buy a Walkman if it can help him with his studies! Manager Feng, are you saying that this Walkman can be used to help students learn foreign languages?"

Feng Yu smiled cunningly: "To the parents, we will market the Walkman this way. But we cannot control what the students do with the Walkman once they bought it."

All the dealers saw a new horizon. If this Walkman was marketed this way, then most of the parents will buy it for their kids.

Fu Guangzheng was also shocked. How come Feng Yu could always think of weird ideas to sell his products. If they market the Walkman as what Feng Yu said, then this will be selling like hotcakes. It was still the school holidays now. Soon, the school will reopen, and it would be a perfect period to market the Walkman!

The Fu family had been in the retail businesses for so many years, but compared to Feng Yu, who was less than 20 years' old, Fu Guangzheng felt dejected. Luckily, he was still Feng Yu's friend!

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With Feng Yu's help, Fu Guangzheng signed the contract with the dealers on behalf of Hong Kong's Aiwa Company. The target and rewards for each district differ.

All the dealers accepted this arrangement, and none of them chose to back out of this deal. Some dealers even took over the dealership for the rural and poor provinces.

All of them trusted Feng Yu's foresight!

Especially after Feng Yu said that AIWA Walkman will be airing commercial on CCTV. The dealers will save a lot on the marketing cost. All of them knew the effect of advertising on CCTV.

Although when Feng Yu signed the contract with CCTV, Feng Yu can only advertise Tai Hua Trading products. But Feng Yu let Tai Hua Trading become the dealer for LongJiang Province, and this was not considered violating the contract terms.

There were many loopholes in the contracted signed with CCTV. The people at CCTV were not strict with the contract terms, and they were proud. CCTV was China's biggest TV station. Even if there were some mistakes in the contract, as long as CCTV does not suffer any losses, everything is fine.

Feng Yu changing commercials did not let CCTV suffer any losses. Furthermore, Feng Yu was CCTV biggest client. They will not go after Feng Yu over such minor things.

1st July, the TV audience noticed that there was a new advertisement, the advertisement before the weather report was changed to a Walkman advertisement.

The commercial was about a small girl. A famous child actress – Jin Min. Her first drama was Qiong Yao's drama and subsequently acted in many other dramas written by Qiong Yao. Everybody knew her and like her acting.

Now, Jin min still had not reached the peak of her popularity, as the hit drama had not aired yet. Feng Yu signed a 3-year contract with her, and it includes 10 commercials and 100 printed advertisements. The total endorsement fee was only 100,000 RMB. It was a great bargain.

This little girl in the commercial was holding a Walkman, listening to an English cassette tape and repeating the English words.

"AIWA Walkman, learning languages anytime!"

The last 3 seconds of the commercial showed the Brand's logo and slogan: "AIWA electronics, I love China!"

At the same time, a lot of articles about China's opening up and the importance of foreign languages appeared in many newspapers from different regions. The reports also mentioned that to learn a foreign language, one must listen and speak more. The author of the article shared his experiences of using a Walkman to learn. This way, he did not disturb others and also, he could learn wherever he went to. He even recommends this method to his neighbors.

These similar articles appeared for a few days. Hong Kong's Aiwa Company was the one footing the advertising fees for the dealers to do these soft advertising in their areas.

This marketing campaign was a success with TV and newspapers advertising at the same time.

The next day, the TV audience saw a new commercial. It was Jin Min sing the Alphabet song. She then took out the cassette tape from a Walkman with the logo covered and played the same cassette on AIWA Walkman. The sound quality of AIWA Walkman was obviously better!

The last 3 secs of the commercial showed the logo with a new message: "AIWA Electronics, high-quality sounds for your enjoyment!"

……

"Eh, how is your child coping with the foreign languages?" A middle age woman carrying a basket of groceries asked her colleague.

"My child is still 9 years' old, and the school has not started foreign language classes."

"I tell you, learning a foreign language must start from young. The newspapers had mentioned that younger children can pick up new languages faster. You saw that Jin Min on TV? She is also very young, and she had started learning English. Even if the school had not started the classes, you could let your child learn first. Xin Hua bookshop sells English cassette tapes."

"My house also does not have a cassette player. One cassette player costs a few hundred RMB."

"What cassette player? Get a Walkman. It is only this big, and it cost about 250 RMB. It might be slightly expensive, but it is good for your child. I had bought one for my son, and he has been listening to English on the headphones every night. We are not even disturbed by him when we are watching TV."

"Really? Where can I buy one? Bring me to the shop."

"The cooperative in front sells it!"

……

"Mom, buy me a Walkman. All my classmates have a Walkman. I want to learn English." A junior high school student was pestering his mother.

"We have a cassette player at home."

"It is different. I can't be bringing the cassette player to school, right? With a Walkman, I can listen to English in between classes and will not disturb the other students."

"Ermmm…… Wait until your father is back and I will discuss with him."

"Mom, you are the best. You can surely convince dad. I promise you my English marks will improve by 10 points this semester."

……

"Eh, Bro. You are still using a Sony Walkman? That's not good. The sound quality is too lousy. Listen to mine. AIWA brand. The sound quality is much better. This is the Little Tigers new song, and it sounded like they are singing beside me."

"You are wasting this AIWA Walkman. Listen to this cassette tape. It's heavy metal songs from the US!"

"How much is this AIWA Walkman?"

"248 RMB. It is slightly more expensive than your Sony. Why not give your younger brother your Sony Walkman and buy an AIWA Walkman? This Walkman is the best for listening to music!"

"But my mom will not let me buy."

"Stupid. Just tell her that you need this AIWA Walkman to learn Russian. Tell her that this Sony Walkman's sound quality is not good, and you can't hear properly. I had used this excuse on my mom. Who knows what you are listening to when you put on the headphones?"

"Good idea. I will go home now!" The young boy hurriedly rushes home. He wants to persuade his mother to buy a better Walkman for him.

……

"Look at you. Why are you always using the foreign brand stuff? This is so expensive, and the sound quality is so bad. Look at mine. AIWA Walkman! AIWA electronics, I love China! As a Chinese, you should use our own products. Stop buying foreigner products. You are letting those foreigners earn your money!" A shop owner was introducing AIWA Walkman to his customers. His profits for AIWA Walkman was higher than Sony.

"Boss, this Sony Walkman is imported. Can even AIWA compete with it?"

"Let me tell you, this AIWA is owned by a Chinese businessman and he invested in a factory in Japan to manufacture these Walkman. This Walkman uses the most advanced technologies, and it is much better than Sony. Look at the packaging. Hong Kong company. It is imported. I heard that this Chinese businessman wants to let those Japanese work for him!"

"Really? Can I test it?"

"Of course. I have a Sony Walkman here too. You can listen to both and make your own comparison. Once you listen to both Walkman, you will know why I recommend AIWA!"

……

As time passes, the commercials' influence became greater, and AIWA Walkman sales became better. Feng Yu was pleased with this outcome. From the way things are going, Sony will be out of China's market within 2 years. Now, even if Sony lower down their prices, no one in China wants to buy it. Everyone only wants AIWA Walkman!

Feng Yu's commercial was too evil. Everybody could tell that Walkman used to compare the sound quality was Sony's latest Walkman!

"Xiao Yu, this is for you. Mom asked me to buy it for you."

Feng Yu looked at the AIWA Walkman and asked: "Sis, why did mom ask you to buy this for me?"

"Mom says that you wanted to go overseas in the future and you must polish up your foreign languages. Even if you are good with English and Russian, you still need to practice. The TV also said that AIWA Walkman allows you to learn wherever you go!"

Feng Yu: "……"

Mom, your son wants to tell you that this AIWA Walkman belonged to your son……

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Japan, Sony's headquarters.

"What's going on? Why are our Walkman sales dropping last quarter? What is the Sales department doing?" Norio Ohga was furious. He was reprimanded by the President this morning.

This was because that in contrast to their drop in Walkman sales, AIWA Walkman's sales were increasing. Sony had owned AIWA before, and because of AIWA had been making losses, Sony was dragged down too. Coupled with the financial crisis, Sony got to offload some of their assets, and that's the reason why they sold off AIWA shares to Feng Yu.

But they did not expect that AIWA had already developed their new product at the time of the sales. Heitaro Nakajima had not told Sony about their product development. If Norio Ohga had known about this, he would never sell off AWIA shares. With this new product, AIWA would be making profits this year and will settle all their debts within 3 years.

Sony and AIWA's agreement to work together against other competitors were still in force.

Now, it seems that this agreement was a success. The other Walkman brands could no longer compete with them. But Sony never expects AIWA to overtake them. From the last quarter sales, AIWA will be on par with Sony this year. What about next year?

Was this Norio Ohga mistake? Everybody had agreed on the sales of AIWA share in the first place, and he was only the Vice President. If the President and the board of directors did not agree, will the sales go through? These people just want to take all the credit, and if anything happens, he would have to take all the blame.

The sales department chief was standing in front of Norio Ohga, bowing his head, letting him scold. After Norio Ohga vented his frustrations, he asked the sales department chief to explain why AIWA's market share was increasing and in which area their product was better than Sony.

AIWA was still using old production lines, and these production lines were producing single tape head. Single tape head only allows playing music and cannot do any recording. This lowered AIWA's manufacturing cost and it was still in-line with China's market at that time. Feng Yu was clear about this. Although China was slowly allowing the cassette player to have a recording function, it was not all regions. Without this recording function, AIWA Walkman can be sold everywhere in China.

Furthermore, people typically use Walkman to listen to music and seldom people will use the recording function. Walkman recording quality was also not as good as those bigger music players.

AIWA's BEE system also have better sound quality and those that like to listen to music will prefer AIWA Walkman. Coupled with the headphones, AIWA's technology was catching up with Sony, and this caused Sony's sales to dip.

The most prominent was Japan and China market. In the Japanese market, AIWA well known for better quality products. Norio Ohga could still accept AIWA overtaking them in the Japanese market. But what about the Chinese market? Why was AIWA so popular in China?

In the past, AIWA had tried to enter the Chinese market. But at the time, they used the English characters AIWA brand, and no one knew about this brand. In the end, AWIA gave up. But since setting up Hong Kong Aiwa company and using AIWA (Chinese characters) to enter the Chinese market, the sales had overtaken Sony within a month.

Sony's sales department chief had analyzed the situation and had come up with a few reasons. First, AIWA this brand name. It was easy recognized by the Chinese and they thought that it was a Chinese product. The advertising message, "AIWA electronics, I Love China" was emphasizing this too. Secondly, AIWA's products did not position as a portable music player. Instead, it was marketed as a learning tool for people to learn languages. This resulted in parents to buy their Walkman for their children. Their first choice was AIWA Walkman. Thirdly, AIWA had shamelessly used other Walkman to make comparisons. They had used a Sony Walkman for comparison. By comparing, it clearly shows the differences in quality. Those music lovers all prefer AIWA Walkman!

There were a few other reasons, but those were not the main reasons. For example, AIWA had better sales distribution channels. Within a week, AIWA products can reach every major city in China, and there were TV commercials and soft advertising on the newspapers. AIWA had invested a lot in their TV advertisements. Another reason was AIWA had given their dealers higher profits, and those dealers prefer to recommend AIWA products to the consumers.

After listening to the report, Norio Ohga asked: "How are you going to explain for the Western markets?"

Europe and the US Walkman market leader had been Sony, and now AIWA was catching up. Are all those reasons given by the sales department chief relevant to the western markets too?

AIWA had also advertised in Europe and the US. The commercial showcased the quality of AIWA Walkman and AIWA gave up on having the traditional black color Walkman for different colors. The attractive exterior designs and colors attracted many female consumers.

Sony had not thought of this. Their Walkman was lacking in both the design and quality aspects. That's why their latest model of Walkman was not doing well.

What worried Norio Ohga the most was why Heitaro Nakajima had kept such vital information from him. After that Chinese guy invested in AIWA, Heitaro Nakajima immediately introduce a new product. That means AIWA had more than one product. If AIWA continues to introduce better quality Walkman in the following year, then the market leader in the Walkman industry will no longer be Sony.

If this really happened, it would be a disaster for Norio Ohga. The current President bought Colombia Pictures and resulted in the company making losses. Many people wanted him to take over the role of President. As a shareholder of Sony, he had a high chance to take over this position.

But if Sony Walkman position as the market leader was overtaken by AIWA, Norio Ohga, the one who proposed the sales of AIWA's shares, might not even keep his position as the Vice President!

No. AIWA cannot continue to grow. They must suppress AIWA and let them continue to help Sony ward off other competitors!

Norio Ohga had been focusing on the collaboration project with Nintendo and had neglected the Walkman market. If not, he would not let AIWA have the chance to develop so fast!

Norio Ohga suddenly remembered the reason why he sold off AIWA shares and why the board agreed. It was because AIWA was heavily in debt. The debts amounted to more than 10 times its market value!

In the past, it was because of Sony, the banks did not chase after AIWA for repayment. But now, it was time for the banks to go after AIWA for repayments.

Without funds, AIWA would not be able to get their manufacturing materials, and their growth will come to a standstill.

Nothing good will come by competing with Sony!

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Heitaro Nakajima was in cloud nine this period of time. AIWA latest product was introduced to the market and had performed well in the market. It had occupied 40% of the domestic market share, and the sales in the overseas market were also doing very well. The market share was increasing day by day.

This was especially true for the Chinese market. The Hong Kong Aiwa company had reported to him that Sony was almost non-existent there. In Taiwan, Macau and Hong Kong, AIWA brand Walkman were the number one Walkman.

Heitaro Nakajima believes that when he introduces a better-quality Walkman later, the company will reach a higher level! This year sales will surely reach 10 million units! This was also his goal!

Next year, AIWA will introduce a better Walkman. He believes that Walkman will become a classic and will be recorded in the history. He wants AIWA Walkman to overtake Sony and other brands!

When that happens, he can be like Sony. Using similar quality products as others to achieve higher sales and sell at higher prices. This way, he can gain more profits!

Maybe next year, he can repay all of AIWA's debts. After all, AIWA's profit was about 300 yen for every Walkman sold. Because of AIWA setting up multiple factories around the world, their total debts were over 8 billion yen. Their main creditors were the banks and Sony.

Once AIWA's production and sales reach a higher level, AIWA will be the market leader!

Heitaro Nakajima thought that he would need another 4 to 5 years to reach this target. After Sony had sold AIWA shares, he thought it he might need a longer time to repay all his debts. But now, he could achieve all his goals within 3 years!

Hahaha, Sony, Norio Ohga, you will regret selling AIWA!

"President, there are a few people from the banks here. From their attitude, they seem to be here for the loan repayments."

Huh? Collecting debts? It was still within the loan period and why were they here to collect the debts? I had been paying the interest every month. Although two years ago, I had defaulted a few payments, this year, I had been paying the banks diligently. Why were they here for?

"Bring them to the conference room."

Looking at those people, Heitaro Nakajima had a bad feeling. Why were all AIWA's creditors here? What do they want?

"What brings all of you here to AIWA today?" Heitaro Nakajima sat down smiling.

"President Heitaro, I heard that AIWA's sales have been doing well recently. Our bank is currently facing some financial difficulties. You should also know that the economy is not doing well. Can you repay AIWA's debts earlier?" One bank representative asked.

Heitaro Nakajima said with a straight face: "Mr. Watanabe, what is the meaning of this? It is still not time for me to repay the loan. Why must I make the repayments earlier? I have been paying the interests every month."

Heitaro Nakajima never expects all his creditors to come chasing for payments at once. AIWA was not still expanding, and if he repays his debts, the company will not have enough funds to operate, and AIWA will be finished.

"President Heitaro, we also have no choice. Can you at least make some partial payments, so I can answer to my bosses?"

"I'm afraid I cannot do that. According to the loan agreement, I can refuse to make any repayments now. All of you should know how my company did for the first half of this year. We had done really well. Based on the sales forecast, our Walkman sales should be exceeding more than 10 million units! If your banks have problems, I can promise you that I will repay all the loans next year. This shouldn't be a problem, right? If you insist me on repaying the loans now, then AIWA will not have enough to repay you, and we will have cash flow problems. We will even have problems repaying the loans!"

The bank representatives looked at each other. Watanabe said after hesitating for a while: "President Heitaro, since you want to talk about the loan agreement, then we will talk about the agreement. In March, two years ago, your interest repayment was late by 3 days. In May of the same year, your interest repayment was late by 8 days. Last February, June and November, your interest repayments were all late. According to our contract, we have the right to ask you to repay the loans earlier. All the banks here are the same. If you refuse to repay the loans, then we will go to the courts and freeze your company's account. We got the right to auction off all your company's assets to repay your loans!"

Heitaro Nakajima stood up furiously: "What are all of you trying to do?"

Are these people crazy? Freeze the company's account and seize the company's assets? How much can these assets worth? Even if they sell off all the company's assets, it can't even repay all the loans. If they give AIWA 1 or 2 years' time, AIWA would be able to repay everything, including the high interests. What these people are doing was to force AIWA to close down!

"Cough…. President Heitaro, we can do this last year, but do you know why we never do this? It was because your company's major shareholder is Sony. But now, Sony had sold all your shares, and our banks also do not own any AIWA shares. How about this, if you are willing to use your company's shares as collaterals or you are able to get a big corporation to act as your guarantor, we will not push you for repayments."

Heitaro Nakajima's eyes narrowed. He finally understood what was happening. These people saw AIWA was progressing well now and wanted to get a share of the profits.

Heitaro Nakajima suspects that all the bank representatives coming here today was planned. The one behind this must be Sony!

Sony will never be AIWA's guarantor unless AIWA resells its shares to Sony. This way, Sony will regain control over AIWA, and Heitaro Nakajima will have lesser percentages. He will never accept this!

Right. AIWA still have a shareholder. A Chinese shareholder. He was also the controlling shareholder. Heitaro Nakajima must discuss with him about this matter.

"Please leave. I will consider what all of you suggested. I will get back to you all." Heitaro Nakajima said.

"President Heitaro, please be fast, we can only give you 3 days. 3 days later, if you still cannot give us a satisfactory reply, then we are sorry!"

Heitaro Nakajima was fuming as those people leave.

……

"Hmmm… Okay. I know. How much were the debts to the banks? I am talking about USD. I can transfer a sum of money to AIWA. Part of the money can be used to repay the banks, and the rest will be invested in the company. Based on our agreement, you had failed as your role of President. I will not remove you from your position, but as a punishment, I will dilute your shares by 10%."

"The total debt owed to the banks is 5 billion yen. Based on the current exchange rates, it is about 400 million USD." Heitaro Nakajima said.

Even if his shares were dilatated by Feng Yu, he was still the second shareholder and the company's president. It was better than letting those evil bankers getting AIWA shares. Heitaro Nakajima does not want to be controlled by Sony again too.

It was 400 million USD. Does Feng Yu even have so much cash?

"Fine. Tomorrow, come to Beijing with your lawyer to sign the contract. I will repay all the debts!"

Feng Yu was smiling when he said this. This was a great opportunity. He will be getting more AIWA shares. In 1 or 2 years' time, these 3% shares will be giving him tens of million USD in profits!

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The next evening, at a restaurant's private room, Feng Yu, Heitaro Nakajima, Wilson, and Heitaro Nakajima's lawyer were going through a few copies of contracts.

One contract was Feng Yu lending money to AIWA. Of course, it was not a low-interest loan. The interest rate was set at the maximum percentage allowed by the law.

Another contract was about Feng Yu investing a sum of money to AIWA, in exchange for some shares. It was Heitaro Nakajima's shares. His shares were now 10% from 13%.

With both lawyers acting as a witness, the both of them signed the contracts. Feng Yu also passed Heitaro Nakajima two HSBC cheques.

"Mr. Heitaro, I trusted you with AIWA. I do not have too many requirements for this company. But I do not want to see such things happening again. If you still carry on making such mistakes, then according to our agreement, I can forcibly buy over your shares and kick you out of AIWA!"

Heitaro Nakajima gave Feng Yu a 90 degrees bow and said: "Mr. Feng, I am very sorry, and I promise you that I will not make such mistakes again. I will not let AIWA face such difficulties again. Even though the company still owes Sony more than 3 billion yen, but there are no problems with that loan agreement. We only need to repay Sony the interests every year, and the full loan repayment within 3 years."

When Sony owns the controlling stake of AIWA, this loan agreement was not that strict. Heitaro Nakajima was the one who had persuaded Sony to give AIWA this low-interest loan.

If AIWA was not able to repay Sony, then Sony can take over AIWA's technologies and brand. Sony felt that this was a good deal. AIWA had many electronic technologies which were better than Sony.

Feng Yu nodded: "That's good. I am investing in this company and letting you run it. This shows that I trusted you. Sony does not agree with your business strategy of setting up multiple factories around the world, but I agree with you. I also agree with your development plans for Walkman. I hope you will not let me down."

"Please rest assured, Mr. Feng. I will surely run the company well and achieve outstanding results!"

……

3 days later, all the bank representatives came to AIWA office again. All of them had an arrogant expression on their faces when they met Heitaro Nakajima.

All the bank representatives thought that Heitaro Nakajima only had two options. One was to sell AIWA shares to them. Second, was to sell AIWA shares to Sony.

All of them thought that Heitaro Nakajima was not able to repay the loans. If AIWA wants to repay their debts, then they would have to sell off their factories, shares and the company's technologies. Based on the agreement between AIWA and Sony, AIWA's technologies can only be sold to Sony.

Sony was the major shareholder of one of the banks that was present at the AIWA's office. The bank representative was Watanabe Ichiro. He was the one who had asked all the banks to come and chase AIWA for repayments.

AIWA was coming up? All of them does not think so. Sony only used some tricks, and AIWA was finished. Other than Watanabe Ichiro's bank, the rest of the banks does not want AIWA shares. All they want was for AIWA to sell off its shares and repay the loans.

But today, it seems that they could realize their goals.

"President Heitaro, what's your decision?" Watanabe Ichiro asked with a haughty expression.

He does not care if Heitaro Nakajima was unhappy with him. Can he repay all his debts? If he cannot repay his debts, then he would have to agree to their conditions! How can the almighty Sony lose to a company that was previously owned by Sony?

"I had made my decision." Heitaro Nakajima said.

"Well, President Heitaro, are you going to sell your shares to our banks, or is there any company that is willing to act as your guarantor? A company like Sony?" Watanabe Ichiro asked.

"No. I will repay all your loans!"

"What? You want to repay all the loans?" Watanabe Ichiro sat upright. He thought he was hallucinating. Heitaro Nakajima was going to repay all his loans?

"That's right. I will be repaying all the loans. Since all of you are here, then let us calculate how much do I owe your banks. Interest and the principal amount. Oh, I will be using USD to pay. Please hurry up as the exchange rates change every minute."

Heitaro Nakajima sat on the sofa looking at Watanabe Ichiro's shocked expression. He was feeling great in his heart.

Humph! You think I do not know that it was Sony that instigate all of you to chase me for repayments? You think I will give in to you all? Impossible! From the day Sony sold AIWA shares without telling me, I had sworn that I will make Sony regret!

Now, all of you were regretting. Then carry on regretting! All of you want to take advantage of AIWA, take advantage of me? Dream on!

"President Heitaro, have you considered carefully? You owe us 5 billion Yen. It is 5 billion Yen!" Watanabe Ichiro shouted.

"I know. My company just received a sum of money. Even if it is more than 5 billion Yen, I can also pay. This is an HSBC cheque. You can check the authenticity of it."

Watanabe Ichiro looked at the cheque in Heitaro Nakajima's hand. There was more than one cheque. The figure stated in the first cheque was 400 million USD!

Who? Who was the one who had given Heitaro Nakajima so much money?

All the bank representatives were regretting. If someone was willing to invest so much money in AIWA, then AIWA's financial woes were over. That means that AIWA will be doing well in the Walkman market. The banks will be losing out a lot of interest. They had also lost a potential high net worth customer.

……

"What did you say? AIWA had repaid all their loans with the banks? Impossible. AIWA does not have so much money!" Norio Ohga screamed into the phone. He nearly smashed the phone.

Impossible. This was impossible. 5 billion Yen. Even if AIWA stop paying his suppliers, they also can't raise this amount. Unless someone had invested in AIWA!

For no reason, a Chinese man came to his mind. The young man who had bought the AIWA shares from him.

When that young Chinese man bought AIWA shares, he could quickly take out so much money. Maybe he could also take out 5 billion Yen to repay the banks. If AIWA had no problems with the finances, then with AIWA's technologies and their current sales channels, Sony Walkman will be in deep trouble!

Sony had been helping AIWA in the past and had formed an alliance to stop the other competitors from entering the Walkman market. The both of them had succeeded in keeping their competitors away from this industry.

But Sony never expects that the AIWA they had been helping in the past, had grown to the level where they can threaten Sony's position as the market leader. Norio Ohga was regretting now.

He should not have sold AIWA shares. Now, Sony can only break their alliance with AIWA!

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It was early August, and AIWA sales had reached a new height. With their new product launched in the market, their market share became bigger. The threat towards Sony was more significant.

Norio Ohga had already suggested to the board to stop the alliance with AIWA. This way, they could stop AIWA from growing.

Their alliance was set up to set the industry standards for the market, production and share the sales channels, transportation, raw materials, technologies and set the pricing.

Sony had an advantage with this alliance. For the past two years, Sony had been dragging AIWA along. But this year, AIWA will be on par with Sony. What about next year? AIWA will be overtaking Sony?

Although stopping their alliance agreement, Sony will suffer some losses and might let their competitors, like Panasonic, to grow. But those were not important and might not even happen. The most important thing right now was that AIWA was developing quickly and was a threat to them.

The board discussed Norio Ohga's suggestion, and in the end, the board decided to check with AIWA first. If AIWA does not give in to them, then they will stop their alliance and target AIWA!

Even though Walkman held a considerable percentage of Sony's revenue, but Sony was also involved in other businesses. They could afford to let one of their business to make some losses. But AIWA was different. AIWA only have Walkman and related products. Once this industry was hit, then AIWA will be a debt-ridden company just last few years ago.

……

"What did you say? Sony wants to stop the alliance?" Feng Yu received a call from Heitaro Nakajima. Feng Yu frowned as he never expects Sony to be so shameless!

But Sony was the one who started this alliance and AIWA at that time was still owned by Sony. That's why the conditions benefited Sony and Sony does not need to make any compensations for breaking this agreement.

But this will affect AIWA a lot. Although AIWA will not need to start from scratch, their sales channels will be affected. Their production cost will also increase, and their profits will reduce by a lot.

Heitaro Nakajima sounded dejected. He never expects Sony to do such a thing. It was a double-edged sword, and Sony was willing to make losses to stop AIWA from growing.

"Sony stopping the alliance, then can we still use Sony's sales channel?"

"We can still use those sales channels. But our transportation, sales, production, warehousing, technologies' RD cost will increase. Especially for our new products. It will significantly lower our profits and sales." Heitaro Nakajima said.

"Then do we have our own channels? Will it affect Sony?"

"Yes, we do have. For example, our factories all over the world had overtaken Sony, and our technologies RD are better than Sony. Also, in the Asian market, with the help of Hong Kong's Aiwa company, we have more than 50% market share in the region. This was previously Sony's market."

Feng Yu made some mental calculations. Sony had paid a considerable price by breaking this alliance. This meant that AIWA's growth had greatly threatened Sony.

But in his previous life, Feng Yu had seen such things happening before. Many MNC in the same industry would form alliances to share resources. But once one party felt that they were not getting the most out of the coalition, and wanted better conditions, the agreement would be over.

In the end, it was all about profits. In business, there are no enemies or friends. There are only profits.

Since Sony was shameless first, then let's see who will lose out more. Anyway, AIWA needs to grow and have to compete with Sony head-on sooner or later. Feng Yu felt that AIWA will be the future juggernaut in the electronics industry. How can AIWA be beaten by Sony in the Walkman market?

You want to stop this alliance? Then I shall let you know that your losses will be much higher than AIWA!

Next year, Sony's electronics will be hit by another blow. Their collaboration project with Nintendo will fail. This will result in Sony making losses in the Video game market. Nintendo will be getting all the benefits.

Sony breaking up with AIWA now, but they did not expect in the future, Nintendo will be doing the same to them.

Of course, two years later, Sony will develop its own flagship video game product. PlayStation. However, how much will Sony lose within these two years? If during this period, AIWA approach Nintendo and work with them?

What does AIWA have? Technologies and market. Maybe in the video games console RD, AIWA was not that great. But AIWA has the Chinese market. Feng Yu believe that in one year's time, AIWA will be the electronics market leader of China!

Nintendo products were extremely popular all over the world. But in China, they were progressing slowly. It was not because their products were not good. It was because of piracy and counterfeits.

Nintendo's console was profitable, but the most profitable were the game cartridges. In China, the "The Little Tyrant" game console would be launch this year. It was much cheaper than Nintendo's console and was compatible with Nintendo's game console. Nintendo could not penetrate the Chinese video games market was because of this product. A "The Little Tyrant" console and pirated gaming cartridges would cost much cheaper, and it was this product that kept many video games MNC outside of China.

But the "The Little Tyrant" was still starting, and it was not as popular as the future years yet. "The Little Tyrant" was popular because it was cheap and their advertisements on CCTV. In another 2 years, Jackie Chan will be endorsing this product, and that will be the time where it established its position of number one gaming console in China.

But in this life, Feng Yu will not let them have the chance. China's number one electronics company can only be AIWA!

Feng Yu told Heitaro Nakajima to speak to the President of Nintendo about collaborating and to develop the Chinese market together. Nintendo might not agree now, but when AIWA becomes China's number one electronics brand, they will surely change their minds.

Now, Feng Yu want to make AIWA the number one electronics brand in China. First, he must push Sony out of the Chinese market!

……

"Eh, have you heard the news about a Senior management staff insulting China? Damn. He thought it was still decades ago? Even if it was a few dozen years ago, when those Japanese invaded China, they were also chased out by us. Now, they still dare to be so arrogant!"

"Ah? Those Japanese are too much. Should we protest?"

"What protest? I heard that Sony wants to enter the Chinese market. They want to stop our electronic industry from developing. We should boycott Sony's products and let their products sit on the shelves!"

"Yes. We should do this. We will boycott Sony's products and chase Sony out of China!"

On the streets, Feng Yu heard two young men talking about this. Feng Yu smiled. The youths nowadays were too xenophobic. He had only let his dealers spread some rumors within the schools in their region, and he did not expect these rumors to spread so fast.

Sony's targeted segment were all these youths. Now, even their targeted market segment was going to boycott them. Sony will no longer be able to stay in China!

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Bang!

Norio Ohga threw his teacup on the floor, shattering into pieces.

"What are you telling me? All our Chinese dealers want to return our goods? Is this the way you manage the Chinese market? It's fine if our sales drop slightly every month, but now you are telling me that our sales in the Chinese market will become zero?"

The person in charge of the Chinese market kept his head down and was trembling slightly. He was appointed to develop China's market, and due to several reasons, he had not been able to succeed. However, in the long run, he will be able to help Sony increase the profits.

He thought that he will become Sony's hero and might be able to promote to the higher management. But he never expects that he was fighting a losing battle in China!

In August, the Chinese market became his nightmare!

Sony's sales did not only drop in August. In fact, Sony starts to suffer losses. Also, all their dealers said that they will not be ordering any more products from them in September. They even wanted to return Sony's products back to Sony, which was allowed in their contracts with Sony.

Previously, this person in charge had included this "returning of goods" term in their contract was because no dealers wanted to sell Sony's Walkman products. But at that time, Sony does not have any competitors in the Chinese market. He only wanted to let the dealers see the profits and carry on working with him.

All this while, things were going smoothly. But suddenly, there were malicious rumors that claimed a Sony's senior management had insulted China. This causes all the Chinese to boycott their products. Even other Japanese products were affected too.

All these had nothing to do with him. He was also not the one that had insulted China. However, he did not react fast enough to stop these rumors and let this incident blew up.

For a rumor to spread so fast, there must be someone behind it. This person must have considerable influence.

Yes. I can push all the blame to AIWA!

"President Norio, I had investigated what happened. There is someone behind this incident. AIWA should be the one behind all these rumors!"

"Are you sure?"

"Yes!"

The person in charge was not sure if AIWA was the one behind these rumors. He only wanted to push the blame to someone else. Unexpectedly, he had shifted the blame to the real culprit.

"You stay here and think of a solution. I will report this matter to the President. We will talk about this later!"

This incident had blown up for Sony. That Sony's higher management statements were reported in a Japanese newspaper. But it was taken out of context. That person did not mean to insult China, but no one wanted to listen to his explanations.

This incident happened too fast. Not only Sony's products were boycotted by the Chinese, but even other Japanese products were also boycotted.

The most frustrating part for Sony was when the foreign affairs people called and reprimanded them for spoiling Japan's image.

Japan at this time was trying to build diplomatic relationships with China. Although it was not the honeymoon period, the relationship between both countries had improved slightly. This incident caused by Sony had led to the Chinese boycotting all Japanese products. This had a massive impact on the Japanese economy!

Japan had been trying to enter the Chinese market for the past few years. The Chinese market was critical for the recovery of their economy. All the efforts Japan had put in were ruined by Sony!

Sony's President explained to the Foreign Affairs officials that Sony did not insult China. All the higher management staff said was that China's electronic industry was more than 10 years behind Sony. This was the truth. What's wrong with saying China will never be able to catch up with Sony? This was the confidence of Sony!

It was fine for Sony to have confidence in itself. But Sony should not be arrogant. Sony had to pay the price for the statement from its higher management staff.

In the end, Sony fired that higher management staff to try to calm the situation. No matter what, Sony does not want to give up the Chinese market. China was their next targeted market.

But Sony had underestimated the Chinese fury. Even after Sony sacked that staff and apologized in the newspapers, the Chinese were not appeased.

The boycott against Japanese products in China was not as severe now for other products. It was because the other Japanese products started to give discount and promotions in a bid to salvage the situation. Sony also did the same, but they still do not have any sales. There were even a group of angry youths that got angry at people using Sony products. They do not care when were the Sony's products bought.

Feng Yu had only wanted to stir up the people's emotion and boycott Sony. But he did not expect things to blow up until all Japanese products were affected.

This incident even made it to the Foreign Affairs departments. But it was still Japan's fault, and all China did be to advise the public to be rational. The Chinese government did not really stop the people from boycotting Japanese products.

Japan had no choice but to give China some benefits. As for how this rumor started, no one cares.

Feng Yu thought that without internet and only let the dealers spread some rumors, the effect will not be so serious. Of course, this incident had become so severe was because many old Chinese soldiers who had fought against the Japanese were still alive!

Those dealers were also smart. They printed a banner stating "AIWA Walkman, a company owned by Chinese! This banner, coupled with the anti-Japanese sentiments, created a significant increase in AIWA Walkman sales. It was only a matter of time for AIWA to monopolize China's market.

This was the Chinese way of retaliating against the Japanese electronics industry.

At the same time, some Chinese businesses start to roll out the "Made in China" campaign. They wanted to make use of the patriotic feelings to increase their brand awareness and sales.

Among these businesses were many counterfeit products. They wanted to make use of this opportunity to make some money. If they were caught, they would be jailed. But those that were not caught made a lot of money!

There were even some "Smart" people that bought those Sony Walkman at low prices, and replaced the logo with stickers, and resold those Walkman.

Sony could only accept their fates. There was nothing they could do. If they want to ship back their products from China, the transportation cost will be high. Sony's Walkman was selling all over the world. Those Walkman sold in China were all older models, and even if those Walkman were sent to other countries, no one would buy them too. Why not sell it at low prices in China and try to minimize their losses.

Norio Ohga called up Heitaro Nakajima. He wanted to make up with AIWA and to form an alliance again. He needed AIWA's help to improve Sony's image in China. But Heitaro Nakajima rejected him flatly!

When I pleaded with you when you want to stop the alliance, did you listen? Furthermore, AIWA's controlling shareholder, Feng Yu, had said to treat Sony as their main competitor and AIWA will never work with Sony!

Feng Yu saw that Sony started to lower the prices of their products, and he knew that Sony had lost.

Humph! This is China. This is my home ground! There is no way for you, Sony, to win in my home ground!

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Sony was crying, and Feng Yu was in a great mood.

Time flies, and soon Feng Yu was packing his luggage and preparing to move to Beijing. His University was starting.

During this break, the district had set off firecrackers several times. It was the celebration by the families whose children had gotten into universities. The families wanted to announce to the whole district that their children were leaving for their universities and they will be officials in the future!

As the Chief of the district, Wen Deguang's son did not disgrace him. His son had entered Beijing Technological University and admitted without the need for an entrance exam. He was one of the few like Feng Yu and the top student, Liu Kun, who was admitted to a prestigious university.

Liu Kun was a top student, and he does not need any help for his admittance to the University. With his results, he got a place in Huaqing University. The number 2 top student, who had scored 3 points lesser than him, had also entered the same university as his classmate.

The Third High School's principal was feeling great. This year, there were more students admitted to universities and the Soviet Union Summer Camp will be a permanent event for the school. In the future, more students will be getting places in the universities.

This was the reason why he had given Feng Yu and his friends the title of honorable students.

During the break, Feng Yu was busy. Wen Dongjun, Li Na and the rest were enjoying their holidays. They had traveled back to their hometown or visited their relatives. Their parents were proud of them and wanted to show all their relatives and friends how capable their children were.

Flaunting their children's capabilities must be done to people they know to feel good!

This was a momentous occasion for the district. The district even rented buses to send the students and their families to Bing City. Some of the students had gotten into the universities in Bing City. The students that get into the universities in other places also got to catch trains from Bing City's railway station.

In this era, although the kids were more independent than those in the future years, the parents still traveled to Bing City to send their children off. They view university education as more important, compared to the parents of the coming years. At the same time, they also want to take the opportunity to visit the city. This was also because the residents of the district were more prosperous now.

Wen Dongjun's mother, Li Na's father, Liu Kun's parents were all there. The only person that was traveling to Bing City alone was Feng Yu.

Feng Xingtai said that nothing was interesting in Beijing and it was very crowded. Even if he has the time, he would want to go to places that were less crowded. He had already visited Beijing last year for the Asian Games and had visited all the tourist attractions there. This time, he will not go there with his son. He still needs to oversee the expansion of his factory.

It was also not the first time his son had traveled to Beijing. Feng Yu was a grown up and can go by himself. He still has so many friends traveling with him.

Feng Yu had bought a piece of land on the outskirts of Shenyang city to build a Tian Peng farm and Tai Hua Food Processing branch factory. The factory's construction was fast, but Feng Xingtai wanted to oversee the installation of the machinery personally.

Feng Yu wanted to ask his father if he knows about those machines.

Never mind. Since his father likes it, then let him be. His father can also bring his mother out to Shenyang for a holiday too. Shenyang was a good place for a holiday. There were a few attractions and can cultivate his parents love for traveling.

"Dongjun, this are the tickets for you and auntie. Liu Kun, these tickets are for you and your parents……"

At Bing City, someone was passing them a stack of train tickets. That person was the railway station manager.

"Xiao Yu, your family is so capable. You even know the railway station manager. These tickets come with sleeping accommodation." Liu Kun's father said.

"The railway station manager is my brother-in-law's classmate. We will arrive in Beijing tomorrow morning. The return tickets are also ready. Once we reach Beijing, the railway station will issue the return tickets.

The railway manager was not his brother-in-law's classmate. It was also because Tai Hua Trading had many business dealings with the Railway station and Feng Yu was able to get these tickets.

There were over a dozen students accompanied by family members. All of them passed through an express lane and got to board the train earlier.

Everyone was surprised that they do not need to queue. This was great. The Feng family have lots of connections.

There was only one person in the group that was not happy. He felt that Feng Yu was treating his daughter better than the others. He even helped his daughter carry her luggage.

This kid was interested in my daughter? Old Li was thinking in his heart.

If his daughter had not admitted into the University, then she would be at the suitable age for dating. But now, his daughter will be studying in a university. In the future, his daughter will need to support the family. What if she got into a relationship and neglected her studies?

This Feng family might be wealthy, but still, this kid might not be good enough for my daughter. The Farm Department Chief's son would be a better match for my daughter. I must remind my daughter later.

If Feng Yu knew what Li Na's father was thinking, he would be vomiting blood. As a billionaire, I can't even be compared to the son of a Farm Department Chief? Can the farm department chief also be comparable to me? There are a few thousand workers at my factory, and after the new factories are set up, there will be tens of thousands of workers working for me. What are you thinking?

Feng Yu's arrangement was excellent. Everyone was in the same carriage. After loading all the luggage, Feng Yu sat on the lower bunk bed to rest.

Damn. It's only going to a university in Beijing. Was there a need to pack so much luggage? All the luggage was heavy, and there were even students who had brought their basin along.

Fine. In the era, everybody wants to save money.

After a while, the other passengers started to board the train. From the windows, Feng Yu could see the crowd rushing to the train. Most of them were students returning to their schools.

When the group saw the crowd, they were glad that they get to board the train earlier.

Feng Yu looked at Dongjun. Wen Dongjun does not look happy.

"What's wrong? You are unhappy to study in Beijing?"

Wen Dongjun replied with a sour expression: "What are you talking about? It is because it is too crowded."

Huh? What does the crowd get to do with you? You are worried about Zhang Han? It shouldn't be. Zhang Han will be flying to Beijing.

"We still have not taken our dinner. With such a big crowd on the train, will they still send dinner?" Wen Dongjun said.

Feng Yu stared at him. Damn, that sorrow expression was because of this?

Fuck. All you think was food. You had just eaten something at 3 pm, and now you are still thinking about food?

Feng Yu really wanted to shout to Wen Dongjun's mother: "Auntie, please look after Dongjun carefully. He is trying to eat the bedsheets!"

"I had brought some sausages and bread with me. You will not be hungry. Furthermore, the meal carriage is just beside our carriage. They will surely send our dinner! Come, I had brought playing cards. Let's look for people to play."

When Wen Dongjun heard about playing cards, his facial expression changed. He excitedly said: "Come, let's play with Liu Kun. We will team up and win this provincial top student!"

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