On one hand, Deputy Mayor Liu was feeling responsible for Quanjude, and on the other hand, he was thinking of getting credit. If this partnership was successful, Quanjude will become the leader of Asia's F&B industry, and it will be beneficial for him!
He was now the Deputy Mayor. Although he could not replace the Mayor, he could still be transferred to another province to be a Provincial Governor or be promoted to the City's Deputy Party Secretary. No matter what, if this partnership was successful, he would surely be promoted!
Which government official does not want to be promoted? Every civil servant, especially those who became a leader, had their own blueprint in their heart and their own political ambitions.
But it was not easy to be promoted. The country's economy was doing well, and if one did not have any achievements in the economy, it was almost impossible for one to be promoted. But if one made significant contributions to the economy, he would surely be promoted!
Feng Yu does not like those officials who liked money. But Feng Yu did not like those officials who liked reputation and credit. If those officials did not like to get credit and were used to sitting in the office and reading the newspapers, they would be more annoying than those corrupt officials!
Feng Yu discussed with Fu Guangzheng and decided to use the credit to entice Deputy Mayor Liu.
"Mayor Liu, we want Quanjude to enter the international market and let Hua Xia's F&B industry earn foreign money. This can be achieved immediately after we form a partnership. "Fu Guangzheng continued.
"But there are too many companies and restaurants. Quanjude will grow from a few restaurants to more than 10 restaurants. We do not have enough roast duck chefs." Deputy Mayor Liu said hesitantly.
Feng Yu smiled and said: "Mayor Liu, Bianyifang is also a City owned enterprise. There are a lot of roast duck chefs there. If they are trained at Quanjude, they will graduate in less than a month. There are other roast duck restaurants in Beijing, and we can poach roast duck chefs from those restaurants. We just need to let them cook our Quanjude roast duck. "
"How can we do that?! Quanjude's roast duck is different from other restaurants! "Deputy Mayor Liu insisted.
"Mayor Liu, some places like to eat sweet food, and some places like to eat spicy food. If you keep using the same flavor, it will not be easy to promote Quanjude Roast Duck. So what if the taste was a little different? As long as the food is still delicious and the customers are still satisfied, it's fine. "
"But if we do this, will our customers think that we are fooling them?"
"Absolutely not!"
In Feng Yu's previous life, someone had told Quanjude that the roast ducks from other regions taste different from Beijing. However, it still couldn't stop others from liking it. It was just like when Sichuan cuisine was introduced to the Jiangsu and Zhejiang regions, the spicy taste had to be reduced.
No matter how delicious Chinese food was, the taste had to be changed in the United States. Otherwise, there would be no market for it. The Chinese restaurant Fu Guangzheng bought in New York is the same. He told Feng Yu that this restaurant is not considered a Chinese restaurant, but it is very popular in New York.
Although Deputy Mayor Liu was hesitant, he did not want to give up on this opportunity and could not stop Feng Yu.
After reporting to the Mayor, he used Feng Yu and Fu Guangzheng's words to refute him. He told the Mayor about the benefits of this joint venture.
In the end, this proposal was passed during the meeting. But the leader of Quanjude must be someone from the City Government!
The City Government had wanted to let that "experienced" person continue to be the Chairman and General Manager. But Feng Yu rejected.
It's either the Chairman or General Manager. It's impossible to have both powers!
Feng Yu wanted to push Jiang Xianjun to take over the position. In Feng Yu's previous life, Jiang Xianjun had managed Quanjude well and managed the brand well.
Also, Jiang Xianjun was open-minded and was the one who suggested this franchise. Feng Yu was confident of Jiang Xianjun's capabilities. Jiang Junxian also had a good reputation in the company. He does not give off the impression that he is above everyone else.
Fu Guangzheng also felt this way. He had spoken to Jiang Xianjun and that old man. He also felt that that old man was too conservative. If the Chairman and General Manager positions were given to that old man, it will affect Quanjude's development.
Furthermore, Jiang Xianjun had contributed a lot to this joint venture, and Feng Yu still wants to reward him with some shares. Jiang Xianjun will be the Chairman for the time being, but the General Manager position must be Jiang Xianjun.
Seeing Feng Yu's firm attitude, Deputy Mayor Liu went to talk to Jiang Xianjun. Jiang Xianjun was still a government employee. Why would he side with Feng Yu and the rest?
When Jiang Xianjun knew that Feng Yu wants to recommend him to be the General Manager and said that if he were to resign from his position, he would still get some shares like the rest of the management staff. Jiang Xianjun felt that Feng Yu was a man of his words. It was worth his efforts to persuade his leader.
Jiang Xianjun also told Feng Yu his thoughts. Even if he were to retire, he would still be a Communist Party member and a Beijing citizen. He will not forget how Beijing nurtured him and will protect and manage Quanjude's brand.
Also, Jiang Xianjun told Feng Yu that he was more suitable to manage Quanjude than that old leader!
… …
Deputy Mayor Liu contacted the other 2 F&B companies. These 2 companies thought that they could no longer cooperate with Quanjude. They did not expect Quanjude to approach them.
Quanjude's request was not too much. After the joint venture, Quanjude's headquarters will be in Beijing, and the first Chairman will be someone appointed by Quanjude. The rest of the company will have the rights and responsibilities based on the proportion of shares they own.
Deputy Mayor Liu made it clear that they will be able to promote Quanjude faster with Hong Kong's investment. These 2 companies agreed without any hesitation. Anyway, they will still be the Deputy General Managers and have the right to speak. After the joint venture, they will earn more than before.
Since everyone's goal was the same, the partnership went very smoothly.
In the end, the 4 companies formed Quanjude Group. Beijing City Government, Sichuan City Government, Feng Yu, Fu Guangzheng, a few businessmen from Zhejiang, Sichuan, and Jiang Xianjun will be the shareholders. Feng Yu, Fu Guangzheng, Jiang Xianjun, and a few other people will be the directors of the board of directors. The old man, who was previously Quanjude's Chairman, will be the first Chairman of Quanjude, and Jiang Xianjun will be the General Manager.
After the joint venture, Quanjude Group's market value is 1.72 billion RMB. Beijing City Government owns 16.3%, Feng Yu owns 15.8%, Fu Guangzheng owns 10%, and Sichuan City Government owns 8.2% … … Jiang Xianjun will be rewarded 0.8% of the shares, and all the hotel managers will be rewarded 0.5% of the shares. Feng Yu will be the biggest shareholder, and Beijing City Government will be the biggest shareholder.
Any two shareholders together will not be able to control the company. Beijing City Government was relieved. They believe that with their backing, Quanjude Group will not be privatized!
Now, Quanjude Group officially starts operations. One month later, all the restaurants under Quanjude Group will start serving Quanjude Roast Duck. Some of the restaurants' specialties will also be shared. A huge F&B Group will be established … …
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