Under Feng Yu's insistence, Fu Guangzheng agreed to contact Johnny Depp and Macaulay Culkin. Johnny Depp was still acceptable as he was considered a TV star in the US. Although he was only a B-lister, he was still considered a familiar face. But who the hell was Macaulay Culkin? How did Feng Yu know about a 6 or 7 years old kid?
Feng Yu confidently said that signing these two actors will be worth the money! Johnny Depp could offer 1 to 2 years contract, and Culkin could offer 3 to 4 years contract. Any longer than that would not be worth it. Also, the endorsement fees for these two actors, even if it was a global endorsement, would not be more than 1 million USD a year. The endorsement fees were proportional to their salaries. Both of them were not superstars now!
At the end of the year, Feng Yu said that if these two did not become superstars by the end of the year, then the overseas sales companies will hire a celebrity to be their spokesperson next year. No matter who it is, even if it is Michael Jackson, Feng Yu will pay the endorsement fees from his own pocket!
Since Feng Yu had said so, Fu Guangzheng could only agree. But he was curious how Feng Yu came to the conclusion that these two actors would become superstars?
At the end of the year, when these two actors became superstars, Fu Guangzheng and the rest of the Fu family were impressed by Feng Yu's foresight and information sources. But these were for the future.
… …
April arrived. Feng Yu changed one of the primetime commercials on CCTV. It was a commercial for Wind and rain bladeless fans. Department 2's commercials were also changed to bladeless fans. This was the start of the advertising campaign!
Before the effects of the commercials could be seen, Li Mingde came knocking on Feng Yu's door!
The Machinery Company had paid a high price for the primetime commercials. Why did they change it to bladeless fans?
Feng Yu had a helpless look on his face. I will refund you the money. Of course, Li Mingde did not agree. Anyway, this year's sales will not reach 130,000 units, and the advertising fees will still be refunded. Why should I change it?
Feng Yu lowered his stance again and said that he could refund more advertising fees. If Li Mingde allowed him to change two commercials, then he could refund 5 million USD of advertising fees! Feng Yu will also try his best to find two more advertising slots for Songjiang Motorcycles.
Li Mingde was tempted. Five million. If he could get it back, he could go to the city leaders and ask for credit. However, he was still not satisfied. He told Feng Yu that he would not be responsible for the drop in sales and that the advertising fees would be returned in full!
Feng Yu reluctantly agreed. Both of them signed a simple agreement stating that the Machinery Company would receive a refund from Tai Hua Trading for the advertising fees. The total amount was 5 million RMB!
Leaving with the contract and check, Li Mingde was overjoyed. The sales volume was already very difficult to achieve. Now that Feng Yu took the initiative to change the advertisement, he was courting death!
Feng Yu was laughing as he looked at this agreement. He had wasted 5 million RMB from the Machinery Company for a few months. Now, he had returned the 5 million RMB to Feng Yu. In the future, even if Li Mingde knew that he had been cheated by Feng Yu, he would not be able to say anything. Didn't I return the extra money to you? Since you took the money, it means that you will not pursue the matter anymore. This agreement was the proof!
Although this 5 million RMB expenditure had caused Tai Hua Trading's accounts to be in a pinch, it was not a big deal. Tai Hua Trading did not need a lot of money now. The humidifiers, Songjiang Motorcycles, Tai Hua Food Factory's products, etc., were sold every month, and it was enough for the company to make ends meet. All they needed to do was to pay for the goods. Tai Hua Electric Appliances Factory's production cost was not high. With a few million RMB, Feng Yu could do all these businesses!
Before trading the Machinery Company's shares with the Aviation Factory, the last loophole was filled by Feng Yu. Li Mingde was still arrogant, but he did not know that in a few days, the Machinery Company's biggest shareholder would be Feng Yu!
The ultra-high powered furnace had been installed and was in the commissioning stage. Currently, Hou Haitao was satisfied with this deal. After the commissioning of the furnace, the Machinery Company's shares would be transferred to Feng Yu, and this deal would not affect the Aviation Factory's first quarterly dividends!
During this period of time, Hou Haitao seldom appeared at the Machinery Company, and Feng Yu also stopped investigating the Machinery Company's financial problems. This made Li Mingde very happy.
He felt that Feng Yu was lowering his head to him and was afraid that he would remove Feng Yu from his position as the Deputy Director of the Motorcycle Factory. Feng Yu admitted that he was the Machinery Company's boss. Li Mingde and his men were getting more and more arrogant. He even started to interfere with the Motorcycle Factory, and Feng Yu did not object.
Li Mingde was not satisfied with Feng Yu's concession. He decided to control the production and sales of the Motorcycle Factory. He wanted the sales to be less than 130,000 units this year. If the sales were good, he would push the December sales to January next year. Anyway, he did not want Feng Yu to meet the sales target.
He had decided to take on the responsibility of being the director of the motorcycle factory. If the leaders from the City Government objected, then he would try his best to promote his own people. For example, the Office Director would be more suitable. Whatever he asked him to do, he would be satisfied.
But he did not expect that before his dream came true, something happened that shocked him and the whole of Bing City!
The Aviation Factory sold the Machinery Company's shares to Feng Yu!
When Li Mingde got the news, he was stunned! He immediately called the City Government to verify and found out that Feng Yu and Hou Haitao had completed the transaction of the shares at the Industrial and Commercial Bureau!
Was Hou Haitao a pig? The Machinery Company was making so much money now, and he sold the shares? This was killing the goose that laid the golden eggs!
Li Mingde immediately called Hou Haitao and questioned him loudly. Why did he want to sell the Machinery Company's shares? Did the City Government agree to this?
Hou Haitao calmly replied that the Aviation Factory was a state-owned enterprise under the control of the military and the ministries. The City Government had no right to interfere with the operations of the Aviation Factory. The Aviation Factory needed a high powered electric furnace, and this furnace was the most advanced one in China. With this furnace, the Aviation Factory would be able to complete many tasks that the Aviation Factory could not complete in the past. The leaders in the military had praised the Aviation Factory for this!
As for why the Aviation Factory must sell the shares to Feng Yu, Hou Haitao gave a "reasonable" explanation. Firstly, the Aviation Factory does not have enough cash to buy the high powered electric furnace. Secondly, the Aviation Factory did not sell the Machinery Company's shares casually. It was sold to one of the Aviation Factory's original shareholders. Lastly, Feng Yu had offered a high price!
Li Mingde had no way to reverse the situation. Even the City Government could not do anything about it! Hou Haitao was called over for a talk by the City Government's leaders. But it was only a talk. The Aviation Factory's leaders had no right to interfere!
Li Mingde realized that it was not because his reputation had risen, and Feng Yu had been avoiding him. It was because Feng Yu and the Aviation Factory were planning this secret transaction.
After this transaction, the Feng Family's shares in the Machinery Company had increased to 44%. They had overtaken the City Government and had become the biggest shareholder!
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