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Home > Comedy > Extraordinary Genius > Chapter 103

Chapter 103

Words:1896Update:22/06/30 09:59:07

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Before Feng Yu could go to the City to settle the paperwork, he received a notice from the Machinery Company to attend a meeting at 10 am to welcome foreign businessmen.

Feng Yu had not interfered with the sales of the Machinery Company. The Machinery Company had more channels than Feng Yu had expected. There was no need for anyone to go on a business trip. They only needed to make some phone calls, and there was a group of businessmen.

Li Mingde only asked his subordinates to tell the businessmen that the Machinery Company's agricultural machinery was the most advanced in China. The design, quality, and even the prices were not much higher.

As soon as the businessmen heard about it, they knew that this kind of farming machine could bring them a lot of profit, so they naturally rushed over. This was also a major event for the Machinery Company. They only informed Feng Yu first.

Fu Guangzheng also did not reply when he received the notice. Selling goods was not buying goods. It was making money. What's there to worry about? He had sent a financial representative to the company, and Feng Yu was there to look after the company.

Feng Yu wanted to see how the Machinery Company was doing. If there were any problems, he would not hide it. He would definitely point it out. This was important to the company's future!

This time, the Machinery Company was mainly producing plowing tools and spare parts for the plowing tools. After Spring, these things would be selling well.

The people in the meeting room were all the leaders of the Machinery Factory. All of them were excited. They had only displayed some samples yesterday, and all the businessmen had surrounded them. The future of these products was very good!

"Everyone, we are now discussing the pricing. One is the wholesale price, and the other is the retail price. If you all have anything to say, feel free to speak! " Li Mingde had already made a decision in his heart. He was only saying this to show a democratic stance.

Based on past practices, those deputies would either reject or give some ambiguous answers. In the end, they would still use the price on the piece of paper he handed out. But today was different. After Li Mingde finished speaking, someone spoke.

"I think we can set the wholesale price, but not the retail price. The market is changing very fast now. If we set the retail price, especially if the price is too high, it will be hard for us to take over the market! "Feng Yu looked at Li Mingde and said.

Li Mingde looked at Feng Yu unhappily: "Xiao Feng, you still don't understand the market. Our machines are of better quality, more durable, and more practical, so of course the price is higher. "

Feng Yu shook his head. "Manager Li, I also think that the wholesale price is a bit high. What is most important for us now is the market! If we can sell our products all over the country and let our ice machine brand be deeply rooted in the hearts of the people, then it would be worth it to lose some money now. Moreover, according to our previous sales price, we still have a profit, and it's not low either, so there's no need to raise the price. "

Li Mingde did not say anything and looked at the Sales Section Chief. The Sales Section Chief immediately retorted: "Xiao Feng, we are buying these machines for free? Do we not need money to purchase technology? If it's still the same price as before, although there will still be profits, when will we be able to recoup our cost? "

Feng Yu didn't say anything. It seemed that everyone was on the same side, and nothing he said would change anything. Just let them be. They have no brand awareness at all. If you f * cking build up the brand and make it deeply rooted in people's hearts, give people the impression that the product is of good quality, practical and durable, and then raise the price to open up the market, then you will earn much more than what you are earning now!

Never mind. I don't have the mood to argue with them. In a year or two, the controlling shareholder of this company will be changed to Feng Yu. Let's see if they can still be so arrogant then!

"Is there anyone else who objects? Then it's settled. Later, the Sales Section will sign the contracts with the businessmen. If this batch of products is sold, everyone will get a large bonus on New Year's Day. The bonus will not be less than 100 RMB! "

The rest of the people applauded, and Feng Yu snorted. You call 100 RMB a large bonus? When the prices rise again after New Year, you all will know that money is worthless!

In the afternoon, Feng Yu watched the signing of the contracts. It was more popular than he expected. At first, Feng Yu thought that the agricultural machines would be easy to sell, but he did not expect them to be so popular!

The group of businessmen acted as if they were robbers, waving their chequebooks in the air. Within an hour, more than 20 businessmen had signed the contracts. Half of them were from other provinces.

Feng Yu casually asked the Sales Section Chief how many contracts were signed. The Sales Section Chief proudly replied that it was only about 8 million RMB.

Humph! You are just a kid. You think you can order us around just because you are related to the Soviet Union? In terms of machinery sales, you are too far behind me!

8 million RMB. This figure was something to be proud of. This Sales Section Chief was still considered qualified. Based on the Machinery Company's cost and wholesale prices, after deducting taxes, the profits would be at least 12%. That was about 1 million RMB.

This was only the initial phase. If the sales were successful and the factory started production, the profits would be more than 10 million RMB. This was only the plowing machines. After some time, when the engines were manufactured and the tractors were off the production line, the profits would be higher.

This was also good. The faster the Machinery Company developed, the more benefits it would be for Feng Yu.

Li Mingde was a proud person, and he wanted to climb up the corporate ladder. If the Machinery Company developed well, Li Mingde would be promoted next year. The new Chairman of the company would not be as cohesive as Li Mingde. This was the best opportunity for Feng Yu to take over the Machinery Company's shares!

If the Machinery Company was in the hands of those bureaucrats, it might be able to bring in a lot of taxes for the City. But if it was in the hands of Feng Yu, the City's taxes would increase by a few times or even more than 10 times!

Furthermore, Feng Yu did not have the habit of helping others. This time, he was using his technologies to invest in the company. This was just a move. Feng Yu wanted to let the Machinery Company and the City have a taste of the benefits first. After that, he will increase the investments and dilute the City's shares.

For example, Feng Yu could cooperate with the Machinery Company to set up a workshop to manufacture the refrigerators and freezers. This way, the profits would be much higher than selling the refrigerators.

But when Feng Yu suggested this cooperation to Li Mingde, Li Mingde immediately rejected. Freezer? Can this thing be sold now? It was winter now. Even if it was summer, the sales in the Northeast would not be good. If you want to sell to the South, there were refrigerator factories in the South.

Feng Yu was disappointed with Li Mingde's refusal. Luckily, he still had a backup plan. The Motor Factory was still thinking of cooperating with Feng Yu. Although the Motor Factory had recovered, who would mind having more money?

Feng Yu only mentioned it, and the Motor Factory agreed. The old rules were still the same. The Motor Factory would be the OEM and Tai Hua Trading would assemble and manufacture the refrigerators. The Motor Factory would not be using the Motor Factory's brand. The profits from each refrigerator would be at least 100 RMB!

Feng Yu agreed without any hesitation. He wanted to let the Machinery Company know that even if the Machinery Company did not have high hopes for their products, as long as Feng Yu was in charge of them, there would be high profits. This way, the Machinery Company would not reject him the next time he proposes to cooperate with them!

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