10 million RMB worth of shares!
Master Lu was shocked by Feng Yu's generosity!
Although he was used to seeing lots of money and a few million was nothing to him, he had never given 10 million RMB for a favor.
Also, this 10 million RMB was not money. It was shares. All the companies that Feng Yu invested in had made lots of profits. This was equivalent to giving him a long-term stable investment with high returns.
Master Lu looked at Feng Yu and lowered his head in deep thoughts. Since Feng Yu was willing to give him such high returns, then this matter should not be easy.
It was absolutely impossible for a businessman to give you money for free. You had to give him something in return that was greater than what he paid. Otherwise, he wouldn't be a qualified businessman.
From what Master Lu had found out about Feng Yu, Feng Yu could not be considered a qualified businessman. He should be considered a successful businessman.
"General Manager Feng, what do you need me to do? Why don't you tell me the details?"
"This Machinery Company was originally owned by Bing City Government. After the restructuring, I used my technologies to buy shares. After that, I used my equipment to exchange for some shares from another shareholder. After that, I used my equipment, funds, and technologies to invest in the company. This was to increase my shares. Now, I am the biggest shareholder of the Machinery Company. I own more than 50% of the shares. This had caused Bing City Government to be unhappy. But now, the company needs to expand and enter the market. This will require a large amount of capital injection. Bing City Government does not have so much money. If they want to stop me, even though I am the biggest shareholder, it will be hard for me to do anything. After all, most of the workers in the factory are from Bing City, and they were the old employees of the Machinery Factory … … "
Feng Yu told Feng Yu about his problems. Administrative interference was the biggest obstacle to the development of a business. Feng Yu had promised that he would not dilute the shares of the Bing City Government. But now, he needs to enter the market and must set up branch factories. This way, he can take over the automobile and motorcycle markets in Hua Xia. He must not let the Japanese and German cars monopolize the Hua Xia market!
Now, as long as the higher-ups issued a policy, which was to encourage the development of private enterprises and prohibit the government from interfering with the development of enterprises, Feng Yu's predicament would be solved.
When the time comes, Feng Yu will go to the City Government and give them a good deal. He believes the City Government will agree to set up a branch factory. Moreover, the city would definitely not be able to provide the corresponding funds to invest, and the shares would definitely be diluted.
Feng Yu wants to be the controlling shareholder. He needs to own at least 67% of the shares! Although the Fu Family was still supporting him, Feng Yu did not trust the Fu Family as much anymore. It was safer for him to own the shares.
Feng Yu still has about 1 billion RMB after repaying his loan. Feng Yu estimated that 100 million RMB should be enough for a new factory. But he is not sure if he can buy a batch of production lines from Kirilenko.
After investing in Kirilenko's mining company, Kirilenko had promised to give Feng Yu the equipment and technologies. Feng Yu had also made a lot of money. But the most expensive military products like aircraft engines, aircraft manufacturing technologies, etc. were all given to the Aviation Factory. Some power generation related technologies were also given to the Motor Factory in exchange for humidifier shares, automobile related technologies, battery related technologies, etc.
It seems that Feng Yu was at a disadvantage. But because of Hou Haitao and the rest's help, Feng Yu was spared a lot of trouble. In the future, Feng Yu will not suffer any losses. Technology is the most important part of a company's development.
Also, he still needs to set aside some funds in the early stages. He still needs to invest a large sum of R&D funds. If he really wants to set up 5 automobile and motorcycle factories, then Feng Yu's 1 billion RMB might not even be enough!
Just look at Japan's Toyota to know how profitable the automobile industry will be in the future. Top 10 of the world's top 500 companies, top 100 brands, and the world's biggest automobile company. Their most profitable market was Hua Xia market.
Hua Xia market was also a large market that Volkswagen, Mercedes-Benz, BMW, etc. were competing with. Hua Xia's sales were increasing in proportion to these companies' sales.
Since a small country like Japan could dominate the world, then Hua Xia had so many people and engineers. Feng Yu could also poach a group of engineers from the Soviet Union. With Feng Yu's foresight, why can't Hua Xia's cars take over Hua Xia's market?
It was just like South Korea's automobile companies. They had asked their own people to buy their own products and slowly upgrade their technologies. Then, they could easily overtake Hua Xia.
In the future, it was not until that boss from Hangzhou made a move that Hua Xia had its own well-known brand. That boss from Hangzhou also had a saying. It was also Feng Yu who told Zhang Ruiqiang and the rest: A car only has one engine and 4 wheels. If we can build all these, why can't we build cars?
What Feng Yu wanted now was a policy from the Planning Committee or Bing City's Government. This way, Feng Yu can use his funds and equipment to dilute the City's shares and complete his plans for the industry.
In 3 to 5 years, Feng Yu guaranteed that Songjiang Motors will be famous in Hua Xia and even overseas!
Especially after 1994's "Automobile Industry Policy" was introduced, China's established automobile manufacturers were facing difficulties. Some of them had to go on the path of joint ventures, some were restructured, and some were acquired!
Master Lu thought for a while and looked at Feng Yu: "I will not be able to get the documents. I will try to get someone to speak to them. It is not easy to set up one branch factory. But if you can set up 3 branches, you might get the attention of the higher-ups! "
Feng Yu understood Master Lu's hint. He wanted Feng Yu to set up a big company. When the company reaches a certain scale, Bing City Government will not be able to suppress it.
This was what Feng Yu wanted. He wanted to set up a big company.
"Master Lu, if I set up more than 3 automobile and motorcycle branches at the same time, and guarantee that each branch factory's annual production will not be less than 100,000 units and each automobile factory's annual production will not be less than 50,000 units, will the higher-ups pay attention to me?"
3 automobile branches and the factory in Bing City, with an annual production of 200,000 units, will be enough for the higher-ups to pay attention to him. If this was still not enough, then he will set up 2 more branches. Feng Yu does not lack money. Hua Xia could only produce a few cars a year. Especially when Feng Yu said that he will be introducing a production line for sedans and also a production line for heavy trucks. The government will definitely welcome this.
Even foreign investors were allowed to set up joint ventures. How can they not allow a restructured company like the Machinery Company to set up an automobile industry?
This Feng Yu was more generous than he had expected. If he could go to the local government in the future, it would be easy for Feng Yu to invest some money in his district to set up factories.
Master Lu was determined to befriend Feng Yu!
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