Chapter 415
Words:1852Update:22/06/30 10:00:18
His words silenced the entire hall. Everyone stared at Wu Chih-gang, but Wu Chih-gang didn't flinch in the slightest.
"Hmph, you think I can? What if you can't do it? "Deputy Mayor Li snorted.
"As long as you don't interfere, then it will definitely be done. One year later, Bing City Pharmaceutical Enterprise's profits will reach 100 million RMB! If you can't do it, Tai Hua Trading will donate 10 million RMB to the City! "Wu Chih-gang said proudly.
The rest of the leaders were shocked. Where did Tai Hua Trading get its confidence from? These companies' profits were only slightly more than 10 million RMB now, and Tai Hua Trading's profits were 100 million RMB? Was this a joke?
But this also showed how wealthy Tai Hua Trading was. Last year, Tai Hua Trading had promised to donate 10 school buildings to the City, and the construction will be completed this summer. This had solved the shortage of funds for the County's schools, and some old and dangerous buildings were demolished.
The other leaders felt that they could agree. Winning or losing was not a loss for the city. If the City wins, Tai Hua Trading will have the funds. If the City loses, it means that the merged pharmaceutical company will bring in high profits for the City.
Zhang Ruiqiang was also surprised. If Wu Chih-gang dared to say this, it must be Feng Yu's idea. However, Feng Yu had never told him to donate to the city if he couldn't do it. But this was a good thing, and he had no reason to refuse.
"Everyone, do you have any other opinions?" Zhang Ruiqiang looked at everyone, especially Deputy Mayor Li. You won't be able to find such generous conditions in the whole country. If you still object, then you are objecting for the sake of objecting. That means you have a problem with your work attitude. Don't blame me, the mayor, for using my rank to suppress you!
"The merger of these enterprises should form a restructuring team, right? I want to participate in this restructuring team and contribute my strength. "Deputy Mayor Li insisted.
If I find out that you have anything to do with Tai Hua Trading, your position as the Mayor will be over!
"I will be the leader of the restructuring team. Deputy Mayor Li will be the deputy leader. Deputy Mayor Liu will also be the office director. The rest of you will be the team members. The first thing was to determine how these companies would integrate their resources and measure the overall market value of these companies. Because there are external investors who want to invest in these companies, I had invited an asset appraisal expert from the province to appraise the assets of these companies. The appraisal results will be out within a week. That's all for today's meeting. Meeting dismissed! "
After Wu Chih-gang returned to the company, he called Feng Yu. After a while, Feng Yu called back. He reported what had happened at the meeting to Feng Yu. Things were progressing smoothly. When Wu Chih-gang threw out the killer weapon of donation, no one objected anymore.
Many people were wondering how Tai Hua Trading could increase the profits of this pharmaceutical factory to 100 million RMB! But Wu Chih-gang never doubted that General Manager Feng had never made a mistake. General Manager Feng had never made a loss when doing business. Every time General Manager Feng made a conservative estimate of the market, he had never exaggerated it.
General Manager Feng had said that one year later, the annual profits of the pharmaceutical factory would reach 100 million RMB. Feng Yu believed that this would be a success!
The asset appraisal went on very quickly. Within five days, all the assets had been appraised. The 43 enterprises' state-owned assets were worth 287.64 million RMB, and some assets were in the hands of other individuals or enterprises, worth 11.27 million RMB.
Feng Yu applied for leave and returned to Bing City. At the same time, he invited Fu Guangzheng over. Fu Guangzheng led his team to investigate the assets appraisal. He was more professional than Feng Yu.
Feng Yu also felt that he should set up a team of investors. He could not always look for help from others or himself.
Seems like he needs to sign a few future investment experts from this year's Huaqing University graduates!
Fu Guangzheng's team was very professional. They used several methods to investigate the assets, and the results were satisfactory to Feng Yu. There were no problems with the assets appraisal. Some of the buildings were valued higher, but they were old buildings with historical significance. These buildings were not easy to appraise. Overall, this assets appraisal report could be used.
Zhang Ruiqiang did not instruct his men to cheat the assets appraisal. Feng Yu was not used to this. Had Old Zhang changed?
The total assets were less than 300 million RMB. If Feng Yu wants to own 49% of the shares, he would need to fork out at least 145 million RMB to buy the shares. Fu Guangzheng did not intend to invest in this pharmaceutical company. He was only there to help.
He asked Feng Yu if he had gotten some valuable prescriptions. But after Feng Yu told him about the prescriptions, Fu Guangzheng recovered from his shock. You call these prescriptions to fill in the gaps in China?
You want to make money with these prescriptions? If Feng Yu had used a prescription to treat some common diseases, Fu Guangzheng would surely invest in the company. But Fu Guangzheng was not interested in these health supplements.
He was also very busy. Feng Yu had always been a hands-off manager. Most of the management was handled by Fu Guangzheng and his team. Just the branch factories alone were enough to keep Fu Guangzheng busy. But Fu Guangzheng was also very happy. This way, he would have more authority, and it showed that Feng Yu trusted him. Of course, it might also be because the Finance Heads of all the companies were Feng Yu's men.
When Feng Yu knew that Fu Guangzheng does not want to invest, he laughed in his heart. Then you will not get a share of the profits this time.
Feng Yu had asked Fu Guangzheng's men to help him appraise the value of these prescriptions. These were assets, and he had spent a lot of money to get the professors from Peking University to develop these.
Fu Guangzheng's men looked at Feng Yu and then at Fu Guangzheng.
"If you all have any questions, just tell me. I am here to help General Manager Feng." Fu Guangzheng lowered his head and picked up his teacup. He did not look at Feng Yu.
"General Manager Feng, forgive me for being direct. These few prescriptions are very hard to appraise. Because these are not for treating illnesses. That's why we think the value of these prescriptions is … … How about we give you a 100,000 RMB valuation report for each prescription? "
Damn, what did you all say? I had spent a few hundred thousand or even more than 1 million RMB on each of these prescriptions. Those university professors had asked for research funding, and all of them dare to ask for at least 1 million RMB. Even when they were only given tens of thousands of RMB in the past!
I had spent almost 10 million RMB on these prescriptions, and you are telling me that the total value is not even 1 million RMB? Look at you all. Are you all going against your conscience and risking your career to give me a high valuation?
Are you kidding me? These are all f * cking golden prescriptions. What a bunch of ignorant people! No wonder Fu Guangzheng did not want to invest. He thought that these prescriptions were worthless!
"You all think that these prescriptions are worthless? Let me tell you all. You all are wrong. Write down the estimated value of each prescription at one million US dollars! "
All of them looked at Feng Yu in shock. Are you crazy? You want us to value these prescriptions at 1 million USD? Could it be that General Manager Feng had successfully persuaded the leaders of Bing City? Was there something fishy going on?
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