Feng Yu walked out of Hou Haitao's office proudly, leaving Hou Haitao and Li Shiyou sighing.
If they knew this would happen, they would have proposed to set up a new factory. At least their profits would be guaranteed. Now, they had given away a large portion of their profits, and it was not settled yet.
Back at home, Feng Yu sat on the sofa and called Fu Guangzheng. One minute later, his home phone rang.
"Brother Fu, how's the negotiation with the other side?"
"It's alright. It's going well. If we acquire this factory, we'll have skilled workers, but there are too many idlers in the factory. I'm currently talking to the local government. We can take care of the retired workers, but we definitely don't want those who are slacking off and pretending to be sick! "
Feng Yu had discussed with Fu Guangzheng before the New Year. He wanted Fu Guangzheng to pick a convenient place in Guangdong to acquire a new factory.
This way, it would be closer to Hong Kong, and it would be easier to export. Also, the Motor Factory would be able to control the situation. This way, Feng Yu will not be able to control the Motor Factory in the future. But Feng Yu did not expect that the Motor Factory could not meet the demand for bladeless fans. They even wanted to reduce the production of humidifiers.
Actually, this was what Feng Yu wanted. But he still pretended to be angry and took the opportunity to mention setting up a new factory. Sure enough, Hou Haitao and Li Shiyou had no intention to set up a new factory. Even if they wanted to, they did not have the funds.
If Hou Haitao wanted to buy a high powered electric furnace, he would need at least 20 million Rubles. Li Shiyou, on the other hand, did not spend much. Although he had ordered some power station related technologies from Feng Yu, Feng Yu did not charge a high price. But this year, the Motor Factory had received a lot of orders for generators. It could be said that these orders were from the higher-ups.
Even though the profits from the generators were not as high as the humidifiers, they had to reduce the production of humidifiers and empty their workshops to produce generator components. All these had to be paid in advance, and the Motor Factory did not have enough funds.
Both of them did not have the funds to set up a new factory, and Feng Yu would not give them such a high share of the profits. However, the two of them would definitely not agree to not give any profits from the new factory to them. Especially Hou Haitao, their factory was getting a share of the technology.
Feng Yu had discussed with Fu Guangzheng. The acquisition of the factories in Guangdong will be handled by Fu Guangzheng. Feng Yu will prepare the funds, and Fu Guangzheng will keep 20% shares of the new factory.
If Feng Yu wants to be the controlling shareholder, he cannot give the Motor Factory and the Aviation Factory 20% shares each. You don't even have the money, and you still want to take the shares of the new factory? How can there be such a good thing?
Hou Haitao indicated that he could send engineers to provide technical guidance and help the other party modify the production line. On the other hand, Li Shiyou said that they also had a group of masters, and he guaranteed that they were all frontline workers. These people had produced humidifiers before and could change the production line. They could be sent to Guangdong factories to be mentors and apprentices.
Feng Yu looked at the two of them in disdain. One was an engineer, the other a master worker. Feng Yu said that the salaries of the engineers at the Aviation Factory were too high. Their monthly salary was more than a year's salary. He could not afford to hire them.
As for the Motor Factory's masters, Feng Yu does not need them. This was because he was going to acquire a more mature factory, and the workers there were not bad!
The masters that Li Shiyou sent to Guangdong must be the batch of workers that had retired from the factory this year. They had no jobs in the first place, and Li Shiyou made it sound like Feng Yu was hiring experienced workers from the frontline.
Although they were smart, Feng Yu was not stupid. Everyone wanted to take advantage of Feng Yu. How could it be so easy to take advantage of him? He had always been the one taking advantage of Feng Yu. When had he ever been taken advantage of?
Just one sentence. If you all get the money, I will give you all the dividends. If you all can't afford it, then you all will not have any shares of the new factory!
Feng Yu told them about the new factory, and Fu Guangzheng was in the midst of negotiations. There was already some progress. The acquisition of the new factory would cost 10 million Rubles, and the modification and upgrading of the equipment would also cost a sum of money. Also, the retired workers of the new factory must be taken over … …
Feng Yu said a lot of things. What he meant was that even if you all get the money, you will still suffer losses. You might as well get lesser shares of the new factory.
It was Feng Yu's request to take over the retired workers from the original factory. Fu Guangzheng felt that those retired workers could be handed over to the City Government. They had spent so much money on the new factory. Why should they still take care of those retired workers? Those retired workers had not contributed anything to the new factory.
Feng Yu could only tell Fu Guangzheng that this would be good for the future image of the factory and the brand. If the quality of the products were the same, which company's products would sell better?
Fu Guangzheng discussed with his family, and Fu Rongjing told him that the Fu family's image in China was very important. He must not let others say that the Fu family was a Hong Kong businessman. He must listen to Feng Yu. The retired workers would take over the factory. Anyway, their pension was not a lot, and they could lower the price of the new factory.
Feng Yu calculated that they would only get 5% of the humidifiers produced by the new factory. They will not get a single cent from the bladeless fans.
Both of them were unhappy, but Feng Yu only smiled at them and said a few words: "Soviet Union's equipment and technologies."
These few words were like a heavy shackle. Hou Haitao and Li Shiyou could not do anything about it. If they really fall out, they would be the ones to suffer losses.
Feng Yu could authorize overseas companies to produce these products. This was reasonable and legal. Tai Hua Trading was also in charge of the sales in China. Even if the Motor Factory produced these products, Feng Yu does not need to sell these products to the Motor Factory.
Also, if Feng Yu were to sell the Soviet Union's equipment and technologies to their competitors, they would be at a disadvantage. The Aviation Factory and the Motor Factory were not considered the leaders of their respective industries in China. With the Soviet Union's equipment and technologies, they had some hopes of becoming the leaders. Feng Yu could easily kill their hopes with the help of other companies.
Hou Haitao and Li Shiyou's future would be bright if they became the leaders of their respective industries. But no matter how much money they made, they would not be able to get promoted. They might be stuck in this position for the rest of their lives.
In the end, they accepted Feng Yu's proposal. They will each invest 1 million RMB and get 5% of the factory's shares. The Aviation Factory will send engineers to guide the new factory. The engineers could be retired workers from the Motor Factory. As long as they were retired experienced workers, the new factory would be able to hire them. The wages of these workers will not be lower than before they retired.
Fu Guangzheng invested a sum of money and got 20% of the shares. Feng Yu invested the most and owned the patents of 2 products. He got 70% of the shares and became the controlling shareholder!
… …
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