This humidifier was slightly different from Feng Yu's impression, but the size was not that different. Feng Yu could make some adjustments to the exterior. Even if he could not do it, he could still hire a designer. In this era, a designer was cheap.
When the humidifier was switched on, the steam was released. This humidifier was faster and more efficient than an electric humidifier. Those who had not experienced this era could not imagine the shortage of electricity in this era. Even in the city, there were frequent electricity rationing for the residents. Priority was given to the industries and the government agencies.
Feng Yu had thought of manufacturing air conditioners, and the profits would be higher than electric fans. But because of the electricity rationing, his plan was aborted. Now, there were only two types of air conditioners: central air conditioner and vertical air conditioner. Hanging air conditioners had not appeared yet.
Everyone in the future knew how much electricity a vertical air conditioner used. There were air conditioner manufacturers in China, but their sales were poor. This was because the government had stipulated that if one wanted to install an air conditioner, one must meet the electricity saving standards. Not many domestic manufacturers could meet these standards.
That's why most of the air conditioners sold in the market were imported. The target audience was those tycoons and top leaders. They had to be at least at the department level to be equipped with air conditioners.
To install an air conditioner, one had to pay an additional fee of about 3,000 to 5,000 RMB. This was equivalent to a tax. Not many air conditioner manufacturers in China had this technology. Feng Yu was only a dabbler and only knew about the exterior. How could he produce it?
Even if he found someone to develop it, the investment would not be a small amount. It was not worth it. That's why Feng Yu started to manufacture electric fans. Luckily, the profits from this electric fan had made Feng Yu laugh for a long time.
This humidifier had given Feng Yu another opportunity to make huge profits. Currently, there were no humidifier manufacturers in China. But the government had started to research on this humidifier and had succeeded. But these humidifiers were only for industrial use and had not been converted to civilian use. There were no such small humidifiers.
There were already humidifiers overseas, but they were only electric humidifiers and had not been imported into China. That's why these humidifiers were still a monopoly in China.
Feng Yu was confident that even if this humidifier was exported overseas, it would still be popular in the market. For example, Europe and the US were located in the northern hemisphere. The air was dry, and the market was huge.
The only problem now was the imitation. The imitations of the electric humidifiers had already appeared, which had caused a serious impact on the Wind and rain brand humidifiers. Although the Wind and rain humidifiers were still the market leader, it would not be long before the market share would be taken away by cheaper products.
Finally, with this new product, the technology was more advanced, safer, more power-efficient, and it looked more noble and elegant.
However, this technique was not too difficult. If the Aviation Factory could settle this in such a short time, then there must be other factories in other places that could do the same. Many of the imitations of electric fans and humidifiers are state-owned factories. They do not have any concept of branding. If you can do it, we can do it too. Even the exterior design is exactly the same. Some shameless factories even print the Wind and Rain brand logo on their products.
If you can't catch me, what can you do to me? Even if you can catch me, with the support of the local government, there's nothing for them to be afraid of. They can just remove the logo and the exterior design will still be the same. They can't claim that you are the originator of these old words.
When Feng Yu first heard about this, he was helpless. Even in the future, when the laws were more developed, imitations were still not banned. There was no choice as the profits of imitations were high.
If he bought a few of the finished products and reverse engineer them, he could easily figure out the theory behind it. He could also save a lot of money on R&D, and the cost would be lowered. Cheap and effective, the sales will be higher, and the profits will be higher.
But that was in the past. This time, Feng Yu wants to prevent them from imitating. He wants to apply for the patent!
He had discussed with the Motor Factory and Aviation Factory. The patent will belong to Feng Yu, and within 10 years, the profits will be split among the 3 parties. They thought that after 10 years, there will be a new product. So, this patent was not important. But they did not expect that Feng Yu could use the patent to authorize other factories to produce this product, and all the profits will belong to Feng Yu.
It was very troublesome to apply for patents in China. It would take at least 6 months. If it was an individual, it would be even more troublesome. Some of them might even drag on for 3 to 5 years.
Luckily, the Aviation Factory and the Motor Factory used to be military factories. Although they were converted to civilian factories, they still had some connections. Feng Yu made use of them, Zhang Ruiqiang's help, and at the same time, he called his connections at the Patent Office to expedite the approval process. It was estimated that the patent would be approved within a month.
The domestic patents were settled, and the next step was the overseas patents that Feng Yu was most concerned about. Feng Yu could only ask Fu Guangzheng for help. It was more convenient to apply for patents in Europe, the US, and Asia in Hong Kong than in China.
Also, it was more convenient to set up the overseas sales company in Hong Kong. Of course, Feng Yu did not ask Fu Guangzheng to help him for free. Fu Guangzheng must have a share of the overseas profits.
Fu Guangzheng, who received Feng Yu's call, rushed to Bing City. Luckily, it was the end of the cold weather, and he did not freeze again.
"Both of us will set up a company in Hong Kong, and the overseas sales will be handled by this company. How are we going to split the profits?" Fu Guangzheng looked at Feng Yu and asked.
He knew about this humidifier. It was also sold in the South, but the sales were average. But he had the same thoughts as Feng Yu. Europe and the US were close to the northern hemisphere, and most of them were inland. There was definitely a market for this humidifier.
Feng Yu smiled and asked: "Brother Fu, how much do you want?"
"Although we do not have proper distribution channels, our family has sales channels that cover the whole of Southeast Asia. We also have partners in Europe and the US. We can guarantee that we will cover the whole of Europe and the US soon. Sales channels are very important, and I will not say much. I want 40% of the net profits. "Fu Guangzheng showed 4 fingers.
Damn, he wants so much? Feng Yu was willing to give the other party 20%, but he knew what Fu Guangzheng said made sense. The Fu family was a big family. Maybe Fu Guangzheng was not very capable, and Fu Rongjing's company was not big, but the Fu family's eldest son's company was very powerful.
If Feng Yu were to sell this humidifier himself, he could get 10 million USD profits a year. But if he were to sell it to the Fu family, he could get at least 30 million USD profits a year! They were more professional, and their market control was much better than Feng Yu.
Feng Yu paused for a while and said: "Brother Fu, you are asking for too much. I admit that the Fu family is very capable, but the Fu family is not the only family in Hong Kong with the ability to sell this humidifier. This patent is in my hands, and there will be endless profits. 30% of the net profits. The earlier you agree, the earlier we can make money. This will also help your status in the Fu family, right? "
Fu Guangzheng looked at Feng Yu. He felt that Feng Yu was very familiar with the Fu family. Could it be that this Feng Yu was just like what his father had thought? There was a Buddha behind him?
Fu Guangzheng was already satisfied with 30% profits. Feng Yu was right. With this company, his status in the Fu family would be on par with his elder brother. He might even surpass his elder brother. His status in the Fu family would also increase.
He agreed to this condition!
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