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Home > Comedy > Extraordinary Genius > Chapter 296

Chapter 296

Words:1843Update:22/06/30 09:59:51

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Li Mingde received a call from Feng Yu asking him to calculate the value of the automobile branch factory. He was puzzled. This automobile branch factory had not started construction yet, and the construction of the factory had just started. Could it be that Feng Yu suspected that someone was trying to make money from this factory?

But the director of this automobile branch factory was appointed by Feng Yu. Furthermore, the construction of the factory was only at the construction stage. How much money could he make? The first sum of money had not even been paid to the City.

After that, Li Mingde received a call from Deputy Mayor Xu. He also wanted him to calculate the value of the automobile branch factory and report to him immediately.

Huh? Could it be that the City had made a move?

Li Mingde asked around and found out that Feng Yu wanted to invest in the Machinery Company and set up more automobile branch factories. The City did not agree to this. But the City agreed to sell the automobile project to Feng Yu.

This was the first time Li Mingde knew that Feng Yu wanted to set up more automobile branch factories. He was shocked by Feng Yu's generosity.

But Li Mingde was not optimistic about this automobile project. Since the City had made the decision, then it was better this way.

Li Mingde quickly organized his men to calculate the value of the automobile branch factory. Because the factory was not built yet, there was only the land, equipment, technology and workers.

At the same time, there were many problems. For example, Li Mingde would surely transfer the workers from the Machinery Company back to a private company. Those workers would surely not accept it. As for the workers hired by the automobile branch factory, Li Mingde did not care about them. He believed that Feng Yu would make arrangements for them.

In the end, the total value was only about 80 million RMB. This was still according to Deputy Mayor Xu's instructions. If the total value was calculated according to the lowest value, it would only be about 50 million RMB.

When Feng Yu saw the calculated value, he really wanted to slap the document on Li Mingde's face!

This automobile branch factory had only been set up for a short period of time. The City had only invested a piece of land and some funds. Fu Guangzheng had invested a sum of money, and Feng Yu had invested in the technology and equipment. Li Mingde knew how much the total value was.

Now, Feng Yu had only hired some workers and set up an immature team. The construction of the factory had just started. How could the total value be increased by tens of millions?

"Li Mingde, are you going to sign this report?" Feng Yu looked at Li Mingde coldly.

Li Mingde regretted his decision. Feng Yu was the one who had the final say in the Machinery Company. If Feng Yu held a shareholders meeting, then Li Mingde, as the General Manager, Li Mingde would be fired. He would not be able to live comfortably anymore.

Li Mingde replied with a bitter face. "Manager Feng, this is the City Government's order. I can't do anything about it. After all, I am still in the City Government.

Li Mingde was now a double agent. On one hand, he was helping the City Government to raise the prices, and on the other hand, he was telling Feng Yu where the prices were too high. How can the negotiations continue? Li Mingde will not help either side in the negotiations. He will let Feng Yu and the City Government handle the negotiations.

As for the other shareholder, Fu Guangzheng, they had chosen to forget about him.

As long as the Feng Family and the City agreed, and the prices were not inflated, Fu Guangzheng could not do anything. The City was worried that Fu Guangzheng was on the same side as Feng Yu and tried to lower the prices. This time, Feng Yu did not even consider Fu Guangzheng. Fu Guangzheng also could not do anything to help.

The negotiations were not going well. The City's conditions were too harsh. They knew that Feng Yu would not get the approval. That's why this approval was very valuable. Even if the automobile project was sold to Feng Yu, without the cooperation of the local government, Feng Yu would not be able to develop the automobile project.

It might be difficult to develop a company, but it was easy for Bing City's government to stop a company's development. Feng Yu was still from Bing City and had no background. What was there for them to be afraid of?

They wanted Feng Yu's automobile factory headquarters to be located in Bing City and would never move. The City had promised to repair the roads around the factory, but the City will not pay for it. They wanted Feng Yu to pay for the roads himself.

Also, the automobile's advertisements must mention the words "Made in Bing City". No matter if it was in China or overseas, they must not tarnish Bing City's image.

Feng Yu knew that the City was acting like a hooligan. But he was not one to be bullied. He immediately stated that the valuation of this project would be decided by Bing City's Machinery Company. If the City wants to do this, then he will work with the Fu Family to lower the value of this project. The City will also suffer losses.

Furthermore, Feng Yu could give up Bing City and look for local companies in other cities. He does not believe that with his money, other cities will not make things difficult for him. Although it was difficult to get the approval, if Bing City could get it, why can't the other cities get it? At most, he could form a joint venture with the local government! There were many places in China with better conditions than Bing City. There was no need for him to be stuck in this city.

Both sides had been negotiating for a week and still could not come to an agreement. But at this time, the City's attitude changed. They decided not to sell the automobile project to Feng Yu. They agreed to Feng Yu investing in Bing City's Machinery Company and encouraged Feng Yu to expand his business.

Why did the City's attitude change so much? Feng Yu soon got the answer.

He received a call from Master Lu. He told him that the higher-ups had succeeded and the results were good. The Planning Committee had decided to encourage the development of local companies. They must be bold and brave to try new things. They must get rid of foreign investment and develop their own way.

They especially mentioned the industries. The focus was on the automobile industry. They also mentioned that the related policies will be issued soon and some preferential terms will be given. The local government should not stop them. They should encourage them and cooperate with them.

The spirit of this meeting was passed down to the various provinces. After the Provincial leaders held a meeting, they passed it down to the various regions. Bing City's top leaders immediately called for a meeting, and everyone agreed to encourage the development of the Machinery Company.

Although the City does not have the funds, they should also be involved. They cannot sell the automobile project to Feng Yu and turn it into a private enterprise. The development of Bing City's automobile project will also bring them a lot of credits. The higher-ups will also pay attention to this project.

When Feng Yu heard about this, he felt that Master Lu was too fast.

He thought that Master Lu would need at least 2 to 3 months to get this done. But in such a short period of time, Master Lu had already passed down the documents.

Feng Yu wanted to cry. Master Lu, do you need to be so powerful?

But there are also benefits to this. With the shell of a collective enterprise, there will be fewer obstacles in the future. It can be said that there are pros and cons. In the short term, the pros outweigh the cons. But in the future, most of the profits will be given to the City Government.

Never mind. I will treat this as supporting the development of my hometown. But in the next 3 to 5 years, Feng Yu will make the City unable to interfere with the Machinery Company. He will turn the Machinery Company into a shareholding company!

The negotiations started again.

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