"Guangzheng, get Old Zhou and the rest to help you. Get the local governments to set up branch factories as soon as possible."
"Uncle, do you think Feng Yu will succeed this time? The automobile industry is not something that can be completed in a short period of time. Also, all the factories will be new, and there will be no skilled workers. Everything will be starting from scratch. Why does Feng Yu want to do this? "Fu Guangzheng could not understand what was going on. Feng Yu was losing money by doing this.
"Is this all you have analyzed?" Fu Rongqi looked at Fu Guangzheng.
Fu Guangzheng had improved a lot these few years, and he had become more mature. Fu Rongqi was happy to see this. The more talented the Fu family's younger generation, the longer the family can prosper. Fu Guangzheng had been setting up new businesses and not using the family's existing businesses. This made Fu Rongqi very satisfied.
"1 billion RMB might seem a lot, but if it is used to set up one or two factories, it will still be fine. In the future, China's automobile market will get better, and it is normal for Feng Yu to enter the automobile market. But he wants to set up 5 branch factories at the same time. 5 branch factories, including the ones that are still under construction, will be a total of 6. He also wants to set up 4 motorcycle factories at the same time. From the coverage of the market, this is the right thing to do. But the funds are too scattered. How can he develop his business? "
1 billion RMB was enough to invest in the automobile industry. If there were experienced workers and technologies, then it should not be a problem. But the funds must be concentrated. Now, the funds were too scattered. On average, each branch factory only had about 100 million RMB. Fu Guangzheng felt that it was impossible to set up an automobile factory with 100 million RMB.
"Then why don't you withdraw your investment from Bing City Machinery Company?" Fu Rongqi asked.
"Uncle, to be honest, I also want to take a gamble. Feng Yu's every investment had been successful. I had known him for a long time, and I had never seen him fail. Every time he spends money, it might seem like he is suffering a loss. But in the end, he is the one who profits. When I first met him, how much does he have? And now, although I don't have an exact figure, his net worth has already far surpassed my family's. I even suspect that his net worth is almost on par with my uncle's. So, although I'm not optimistic about Feng Yu's decision, I'm willing to take a gamble. If I lost the bet, I would just lose some money. As long as the humidifier and bladeless fan were still here, Feng Yu would not collapse, and I would not lose! Furthermore, there is still Aiwa Company. Their new products had started to be launched in Japan. It will be launched in China from the end of June to the beginning of July! "
The more Fu Guangzheng interacted with Feng Yu, the more he felt Feng Yu was mysterious. Feng Yu's decisions might be confusing, but in the end, Feng Yu was always right.
For example, the spokesperson for the humidifier and bladeless fans. The few people he recommended were rejected by Feng Yu, but Feng Yu insisted that he sign two unknown people. Johnny Depp, a second-rate TV actor, and Macaulay Culkin, a child less than eight years old.
At the end of last year, there were two dark horses in the box office. One of them was called "Edward Scissorhands", starring Johnny Depp, and the other was "Home Alone", starring Macaulay Culkin. These two movies were very popular, and the box office was very good. The two main actors were also popular in Europe and the US, and even around the world.
Based on the current status of these two actors, Fu Guangzheng would have to increase the endorsement fees by 10 times to sign these two actors. Fu Guangzheng was puzzled. How did Feng Yu know these two actors were going to be popular?
Even if Feng Yu knew these two actors were going to be the main actors in these two movies, why did he think that these two actors would be popular? Could it be that Feng Yu had seen these two actors? This was impossible. Feng Yu had never been to the US, and the furthest he had been to was Hong Kong!
But the truth was right in front of him. Although he could not understand, he could only assume that Feng Yu had connections in the US. With the success of these two movies and the popularity of these two actors, the sales of Wind and Rain humidifiers and bladeless fans also increased. The bladeless fans that were in stock were all ordered by the distributors a few days ago, and there were still more orders coming in.
Luckily, the production of the new factory in Guan City had exceeded Bing City. If not, there would not be enough to sell. The last time he went to Bing City, Fu Guangzheng found out that the shares of Wind and Rain humidifiers and bladeless fans were all owned by Feng Yu. He did not know how Feng Yu got the shares of the Motor Factory and the Aviation Factory back. Now, the Motor Factory was only earning from the OEM fees, and Feng Yu's profits had increased a lot.
When Fu Guangzheng suggested to build a new factory to increase the production, Feng Yu agreed and asked Fu Guangzheng to choose the location immediately. In terms of funds, Feng Yu did not feel any pressure.
This time, Feng Yu had invested a large sum of money into the Machinery Company. Fu Rongjing wanted Fu Guangzheng to withdraw his investment and sell his shares to Feng Yu or Bing City Government. Anyway, Fu Guangzheng's investment had increased by several times, and there was no need for him to take such a big risk with Feng Yu.
But this time, Fu Guangzheng rejected. The last time when Fu Guangzheng sold Aiwa's shares, his father had angered Feng Yu and caused his father to be cheated. Although Fu Guangzheng's eldest uncle had helped Feng Yu to provide some information to help his father recover his losses and even made some money, Fu Guangzheng knew that their relationship was not as close as before.
If he were to withdraw his investment, then his relationship with Feng Yu would be further strained. Even if Feng Yu had any good investments, he would not be involved. Furthermore, Aiwa's sales in Japan for the past two months had been very good. Hong Kong's Aiwa Company was in charge of China's sales. The more Aiwa products sold, the more Fu Guangzheng would earn.
If there were any conflicts and Feng Yu went back on his word, Hong Kong's Aiwa Company would be worthless, and Fu Guangzheng would lose another profitable business.
Furthermore, Fu Guangzheng and the whole Fu family had made a lot of money from the humidifiers, bladeless fans, etc. Fu Guangzheng told his eldest uncle about this, and his eldest uncle agreed.
Fu Guangzheng's eldest uncle also told Fu Guangzheng that although Feng Yu had good foresight and had a wide information network, Feng Yu still lacked management talent!
Although Fu Guangzheng was not considered a talent, he had Fu Rongjing's guidance and Fu Rongqi's guidance and helped him set up a management team. It can be said that Fu Guangzheng's management skills were much better than anyone in Feng Yu's company. He might even be better than Feng Yu.
Just this alone would be of great help to Feng Yu, and Feng Yu would not ditch Fu Guangzheng. Then when Feng Yu made lots of money, Fu Guangzheng would also be able to make money. He might even be the link between the Fu family and Feng Yu. This was the most important point for Fu Rongqi!
"It's good that you are clear about this. Go and negotiate with the Chinese government. Start the construction of the factory. The earlier it is completed, the earlier you can see the market and the lesser the risk. Don't worry. It's fine even if you fail. China's economy is developing fast, and there are many opportunities. But there are not many capable friends like Feng Yu! "
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