Feng Yu agreed to give these people a chance. He will let them be in charge of the sales of healthcare products. Don't want to be in charge of sales? If you want to be a boss, then don't come to Bing City Pharmaceutical Enterprise!
The City Government agreed in the end. They thought that at least this would solve the employment problems of these people temporarily. If these people were not suitable for sales, the City Government would have an excuse to fire them. They had arranged jobs for them, but they were not up to the task.
The City Government also knew that these enterprises were overstaffed and overstaffed. They need to learn from overseas companies and lay off their employees! But they were the government, and they still need to consider the livelihood of these people. That's why many things were not as simple as a private company.
Now, the whole country was like this. After the Prime Minister took over, he started to ruthlessly reform the enterprises. Those that should be bankrupted should be bankrupted, and the City Government should not be implicated. Giving these people a sum of money to find new jobs or arrange for them to be reemployed was better than not getting paid and staying at home every day.
All sorts of conditions were discussed. Feng Yu did not ask for much of the conditions. He only asked for the position of Deputy General Manager of the company. Of course, he also asked for the right to veto the decisions of the company. He also arranged for the director of the Sixth Pharmaceutical Factory, which was producing his products, to be one of his own people. Wu Chih-gang now had another identity. He was the director of the Sixth Pharmaceutical Factory.
Feng Yu also transferred a few finance staffs from the Machinery Company over and arranged for them to work at the Machinery Company. This way, the finance staffs were not familiar with the leaders, and it would reduce the possibility of them colluding with each other to falsify the accounts.
Now, Tai Hua Trading was recruiting the finance staffs the most. Basically, after 3 months of probation, these people would be satisfied with their salaries. As for the rest of the people, there were very few recruitment. Even the translators, who were previously lacking, were hired after Translator Xue came to work at Tai Hua Trading. Translator Xue's salary was high, and a few editors from the Foreign Affairs Bureau secretly came to work at Tai Hua Trading.
But Tai Hua Trading was still worth it. The translation fees for these people were much cheaper than the professors in universities. Also, they were good at business translation.
After the relevant conditions were settled, the last point was the one that everyone spent the longest time discussing. Feng Yu wanted the total registered capital of this company to be 400 million. This way, they would have enough funds to purchase some equipment and even some medicine formulas from overseas.
But the City did not agree. They felt that 300 million RMB of registered capital was enough. This way, if Feng Yu took out a sum of money to buy the shares, the City would get more than 100 million RMB in cash.
But if the registered capital was 400 million RMB, then the City would only get 60 million RMB. This was not in line with their plans. Although the money was not in their hands yet, the City had already planned out how to spend the money!
Feng Yu was shocked when he found out that the City Government had already planned how to use the money! It was said that the government often ate the government's grain. This time, he had seen it for himself.
F * ck, we haven't even finished discussing the conditions, and you've already finished spending it?
But even if he did not purchase foreign drug formulas, he still had to buy the laboratory equipment for manufacturing and developing drugs, right? Although there were some before, they were either old products with low efficiency, or they were simply obsolete products!
But they had already planned out how to spend the money, and this gave Feng Yu the right to ask for more.
"The registered capital should be at least 360 million RMB. The City can still take out 100 million RMB in cash. Other than settling those laid-off workers, you all will still have some money left. You all can use it for other purposes. If the City still does not agree, then forget it. I will look for other cities to cooperate with. Even small pharmaceutical factories are fine. I can still be the controlling shareholder! "
Feng Yu sat on the sofa with his legs crossed. He was shaking his legs non-stop. He looked very annoying!
Deputy Mayor Li was getting anxious. The negotiations had gone well, and they had even agreed to the merger and restructuring. Now, you are telling us that you are not going to cooperate?
"Feng Yu, what do you mean by this?! Is this a joke? You say we are not going to cooperate, and we will stop?! "Deputy Mayor Li shouted.
"What's wrong? You are Bing City's Executive Deputy Mayor, and you want to hit me? If we had discussed the conditions, we will naturally cooperate. If we can't, we will not cooperate. Don't you know this? "
Feng Yu's tone was very aggressive. Who does this Deputy Mayor Li think he is? It's fine if he keeps putting on airs in front of me, but he doesn't even know how to speak properly. He only knows how to shout.
Do you think I am your subordinate? You think you can slap the table and stare at me? Old Zhang is also very polite to me. Last year, the Governor wanted to meet me, but I said I am not free. Who do you think you are?
If it was a few years ago, I might still give you face. After all, I still do not have money at that time, and I am also afraid that you will use some administrative measures. But now, you dare to play with me? Let's see who will be the first to fall!
Zhang Ruiqiang waved his hand at Deputy Mayor Li and turned to Feng Yu: "Feng Yu, this sum of money is very useful to the City. We need to build a ring road around the city and improve the city's traffic. This will also involve the relocation of the residents. This will cost a lot."
"Mayor Zhang, a pharmaceutical factory is still using old equipment from more than 10 years ago. You want me to become China's top pharmaceutical factory within a year? Do you think I am a deity? Let's not talk about other things. Our production and laboratory equipment must be improved. Furthermore, how much can we produce in a month with those old production lines? It is not enough to sell! "
"Not enough to sell? That's impossible, right? The entire Sixth Pharmaceutical Factory will be used to produce those 5 types of health supplements. With the Sixth Pharmaceutical Factory's production, the production will be doubled. Is this still not enough? "Zhang Ruiqiang was curious. These are medicines, and you are treating them as health supplements? Even if we send them for approval, we will only get the approval for the production of medicines and not health supplements!
"It is not enough. The production line for the oral solution is only enough to meet the demand for Zinc gluconate oral solution. I still want to produce Calcium gluconate oral solution and Blood Tonic oral solution. Other than Super Vitamin, we still need to produce Calcium gluconate tablets. In the future, we will also need to produce Calcium gluconate tablets and Zinc gluconate tablets. Do you think the production will not be able to keep up? "
"You are making such a big production. What if you cannot sell?" Deputy Mayor Li interrupted.
"Don't say there is no 'what if'. Even if that happens, I, Tai Hua Trading, will buy all the medicines that cannot be sold!" Feng Yu looked at Deputy Mayor Li provocatively. What else do you have to say?
Deputy Mayor Li was speechless again. It was infuriating to negotiate with this tycoon! Arrogant! He was too arrogant!
In the end, the City still accepted Feng Yu's conditions. The registered capital was 360 million RMB, and the City owns 51% of the shares. Feng Yu will provide the prescription and funds for 49% of the shares. The Sixth Pharmaceutical Factory will be managed by Feng Yu, and the City will not interfere. The Sixth Pharmaceutical Factory's production equipment must be the latest and best in the world.
After the merger of these companies, Feng Yu will become the second biggest shareholder of Bing City Pharmaceutical Corporation. But not many people knew about this. Now, the government will not publicize this information. Even the workers of those pharmaceutical factories only knew that the higher-ups had changed their leaders. Even Deputy General Manager Feng Yu's picture was not shown on the bulletin board.
After the conditions were settled, Feng Yu asked Wu Chih-gang to inform the Sixth Pharmaceutical Factory's production workshop to start producing Zinc gluconate oral solution, Blood Tonic oral solution, Calcium tablets and Super Vitamin using the old equipment.
Even if the approval was not issued yet, they will not be selling these products now. When the approval is issued, they will just print it on the packaging. Now, Feng Yu's target was to stock up!
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