In the end, Superman Li decided to support his son. He gave Li Zekai 20 million RMB for him to invest in the supermarket, and he invested 20 million RMB for Li Zekai's shares. This way, Li Zekai's shares would increase to 20%, and he would own 10%. It was not a problem for Superman Li to transfer some people from his company to manage the supermarket.
Furthermore, among the people sent by his company, there would be 2 of them who would be the top management. They would be able to buy the shares at half price. This was also a reward for the people sent over.
Also, Superman Li had already decided to enter the Chinese market. Watsons opening stores in China was one of the ways to test it out. Li Zeju's unwillingness to invest in the shares was also a hint to Li Zekai that this portion of the assets would be given to Li Zekai in the future.
Li Zekai managed to convince his father, and he even got a higher share than he had expected. His excitement was evident in his words.
At the same time, Fu Guangzheng was sitting on a chair in Fu Rongbing's study. He was discussing with Fu Rongbing about investing in Tai Hua Supermarket.
"You are saying that the Li Family will be investing? Are you sure about this? "Fu Rongbing asked.
"At least Li Zekai will be investing. I am not sure if Superman Li will be investing. But I am 80% sure that he will invest."
"Why are you so sure?" Fu Rongbing picked up the cigar on the table, and Fu Guangwei immediately went over to roast it.
Today, Brother Guangzheng had asked his father to invest a sum of money to invest in a supermarket in China. Fu Guangwei shamelessly entered the study. Although he was the only son in his family, his family's supermarket business would be his sooner or later. His sister would at most give him some other businesses as her dowry. But if his father was willing to put the shares under his name, then his financial situation would be much better.
Fu Rongbing glanced at his son and took the cigar. He also knew what his son was thinking. He had arranged a position in the company for Fu Guangwei. Fu Guangwei would not be involved in any work, but he would get a high salary. This was considered as pocket money for Fu Guangwei.
At the same time, this was also a form of training. He wanted to see if his son would use his status to interfere in the company or use the company's funds. Luckily, none of these happened. But he was disappointed with Fu Guangwei.
This son had arranged for him to be the Deputy General Manager, and he did not even give him any constructive suggestions. What did he learn in school? Now that he was thinking about this investment, he could test him later. If he passed, he could give him the shares. If Fu Guangwei does not know anything and still dares to covet the shares, then he should "remind" Fu Guangwei.
Their leaders had said that Feng Yu was more capable than they had expected. If they could be on good terms with Feng Yu, the Fu Family would be able to enter the Chinese market and might even help them in other areas.
Feng Yu's business had reached a bottleneck. There are no more supermarkets in Hong Kong, and his supermarkets had expanded to Macau, Malaysia, etc. The next step was to enter the Chinese market.
Although it is not his supermarket entering China, he still has shares in the supermarket. Most importantly, Fu Guangwei can interact more with Feng Yu. If Guangwei can be like Guangzheng and have a good relationship with Feng Yu, Fu Guangwei will not have to worry in the future.
"Guangwei, you've heard about this. What do you think?"
Fu Guangwei's eyes brighten up. Was his father testing him? If he answered well, would the shares of this investment be given to him?
Fu Guangwei thought for a while and said: "Dad, I think what Brother Guangzheng said is a good opportunity. Our family's supermarkets had reached a bottleneck. Although the profits are good, it will be hard for us to expand. In Hong Kong and Macau, there are already supermarkets in the areas where supermarkets can be set up. We had also tried in Malaysia and Taiwan. But other than the sales during the promotions, the rest of the time, the sales are average. The returns are too low. "
Fu Rongbing's eyes brighten up. This son of his was not like what he had imagined. He knew a lot about the company. Seems like he did not care about him enough in the past.
Fu Guangwei was overjoyed when he saw his father's expression. Feng Yu had told him to understand more about his family's business and perform well in front of his father. This way, his father will be happy and will give him more money. That's why Fu Guangwei wanted to know more about his family's business.
Fu Guangwei was overjoyed when he saw his father's expression. Feng Yu had told him to understand more about his family's business. If he can perform well in front of his father, his father will be happy and will give him more money. Brother Guangzheng was right. Being friends with Feng Yu will bring him good luck!
"That's why there are two ways for us to develop our business. The first way is to acquire other supermarkets in Hong Kong, Macau, etc. But those supermarkets in good locations will not sell their supermarkets unless we offer a sky-high price. As for the supermarkets in bad locations, we might not be able to make any profits. The location will affect the supermarkets too much. "
"The second way is to continue to expand into new markets. For example, China, where the supermarket industry is not developed yet. But I had also found out that we had only explored the Guangdong market. Even in Guangdong, we had only explored two cities. Shenzhen and Guangzhou. Unfortunately, these two cities already have supermarkets and have a stable customer base. If we want to enter these two cities, there will be a lot of resistance. Most importantly, our business model might not be suitable in China. After all, our culture and habits are different. The possibility of success is not high. Of course, with our management skills, the possibility of failure is also low. I think it will be similar to our supermarkets in Malaysia. We will not make any losses, but we will not make any profits. The return period is too long. "
"But it is different now. We are a joint venture with others, and Brother Guangzheng is the Chairman. He has control over the management. Although the Li Family will also join us, their supermarket scale cannot be compared to us. They are only running small supermarkets, and we are the big supermarkets. That's why those supermarkets will use our people to be the managers of the supermarkets. Most importantly, we have more supply channels for the supermarket than the Li Family. If Tai Hua Supermarket also uses these channels, we will not get any profits from them, but we can negotiate with them privately. They will supply our supermarkets with discounts. This will lower our cost and increase our supermarket's competitiveness. This will increase our profits! "
"Also, China is about the same as Hong Kong a few decades ago. When our supermarkets started, the profits were high. Also, I agree with what Brother Guangzheng said. We will invest in Tai Hua Supermarket Corporation. 5 years later, we will get more than 10 times returns from this investment! "
Fu Guangzheng looked at Fu Guangwei in surprise. Since when did his cousin have such ideas? He was actually able to speak logically and logically. Looking at Third Uncle's expression, he seemed to be very satisfied.
Could it be that Fu Guangwei had changed?
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