"Zhigang, how much liquid funds does the company have?" Feng Yu sat on the sofa and asked.
"We still have about 60 million RMB. Didn't you say you want Tai Hua Trading to set up our own distribution channels in the provinces?" Wu Chih-gang was curious. Most of the profits had been withdrawn before Lunar New Year. Why does General Manager Feng need money?
"We cannot stop setting up the distribution channels. If we do not have enough funds, get a loan from the bank. Withdraw 50 million RMB and transfer it to the Water Conservancy Department's account. Also, you must monitor the use of this money. If anyone dares to misappropriate the funds or start any construction projects, give me a call immediately! "Feng Yu instructed.
Those officials were all very daring. They even dare to misappropriate the funds from the Central Government, let alone the donations from the enterprises and individuals.
They will find all sorts of excuses like they are doing this for the bigger picture. They will use the funds to buy buses, office supplies, build new office buildings, etc. Feng Yu must put a stop to this kind of unhealthy practice!
"Water Conservancy Department? General Manager Feng, what are you going to do? "Wu Chih-gang was curious.
"Repair the dams."
"Repair the dams? General Manager Feng, why do you want to repair the dams? These are the government's concerns. Why don't you invest in Tai Hua Education Foundation? " Wu Chih-gang does not understand. What's the point of repairing the dams? It will not bring any fame. Who will pay attention to dams?
"Our province has 3 rivers. If there is a flood, it will be a serious disaster. It's fine if the fields are flooded. But what if the dams are broken? Houses will be destroyed, and people will die. What will happen then? "
"It should not be that serious. Our Longjiang province also had a flood in 1991, and we are still fine. The higher-ups had allocated funds, and we had strengthened the dams and built many flood control projects. What else can happen? Besides, how can there be floods all the time? "Wu Zhigang said disapprovingly.
This was what Feng Yu was worried about. In his previous life, Longjiang province was severely affected by floods, and it was because everyone did not care about it. The Longjiang Dam didn't have any dregs, but the flood control capacity of the dam wasn't enough to withstand the great flood of 1998.
Moreover, the current economic conditions did not allow for the construction of such a good dam. If Feng Yu hadn't been reborn, he wouldn't have thought of this. No one in the world would have thought that the power of nature could be so ferocious.
They didn't think there would be a big flood, but they didn't know that every time there was a flood in the country, the Longjiang River would be affected. There were so many rivers in Longjiang. Once the historic flood came, it would be too late to reinforce the walls.
Actually, if Feng Yu did not know about this, he would also not care. Anyway, the flood control measures around Bing City were quite good. There were dams beside the river, and even if there was a flood, the city would not be affected.
But Feng Yu clearly remembered how miserable the Longjiang Base City was in his previous life. Many people went missing and many houses were washed away. That scene was still vivid in his mind.
"There won't be a flood this year, and there won't be a flood next year. But what if there is a flood the year after? Would it be too late to repair it then? Prevention is better than cure. Do you know what it means? Go and prepare. This matter is settled. "Feng Yu waved his hand. He doesn't want to explain any further.
What else can Wu Chih-gang say? Feng Yu had increased their salaries every year, and the year-end bonuses were getting higher. The few of them who started this job were now given Songjiang Motors cars, and their savings had already exceeded 6 figures. Who would dare to think of this before?
Whatever General Manager Feng said, they would do. If they followed General Manager Feng, they would not suffer any losses. This was their motto. Although Wu Chih-gang did not understand what happened today, he still went to prepare.
Their funds were withdrawn, and they still need to set up a branch company. Then, they need to talk to the bank about loans. With Tai Hua Trading's relationship with ICBC, they should be able to get a loan at a low interest rate.
Feng Yu had invested almost all of his money to acquire Microsoft's shares. Although all the companies were doing well this year, Tai Hua Supermarket Corporation still owed a lot of loans and did not get any dividends. Wahaha was busy expanding and did not get any dividends. Bing City Machinery Company also needs to expand their production and still need to upgrade some of their equipment. Bing City Pharmaceutical Corporation was the same. They had acquired two pharmaceutical factories in the south and still did not get any dividends.
Wind & Rain Electronics, Wind and Rain Home Appliances, Aiwa Electronics, Aiwa Home Appliances were the same as Tai Hua Trading. Before Lunar New Year, Feng Yu had withdrawn a portion of their profits and invested it into the US stock market. He also donated to CCTV and the State Administration of Sport. He does not have much money left.
Now, it seems that he needs to think of ways to get more money. If not, he will have to sell the shares that were rising rapidly.
"Zhang Ming, how much of the company's profits can be withdrawn?"
"About 100 million RMB. What's the use of General Manager Feng? Didn't you say that you will be expanding the pork products production line this year? "
"Go and get a loan. Give me the money first. I need it."
Feng Yu had withdrawn a sum of money from Aiwa. There was more than 300 million RMB. He wonders if it was enough.
"Brother-in-law, how much money do you have in your company? I would like to borrow some."
Li Shiqiang was stunned. Feng Yu needs to borrow money from him? Just Tai Hua Trading's profits were higher than his Wind and Rain Logistics, let alone Bing City Machinery Company and Bing City Pharmaceutical Corporation.
"How much do you want to borrow?" Li Shiqiang had plans to expand Wind and Rain Logistics to the south this year. He still needs to purchase a batch of vans to open up the transportation lines from Beijing to Shanghai, Shimen, and Zheng City. Actually, he does not have enough funds.
"How much do you have?" Feng Yu asked.
"Xiao Yu, is there any problems with your business?" Li Shiqiang was curious. He did not notice any problems with his business. Was it overseas?
"There are no problems with my business. But I had invested all my money into the shares. I cannot bear to sell them as the shares still need to rise. I still want to donate some money to the water conservancy project."
Li Shiqiang did not understand. If you do not have money, why are you still donating? Even if you want to donate, can't you donate after you sell your shares?
"I can withdraw 10 million RMB. Is it enough? If I squeeze a little more, I should be able to raise 20 million RMB. "Li Shiqiang was no longer a small boss. Wind and Rain Logistics' assets were more than 100 million RMB. But the profits from logistics were not high. His main business was to transport goods by road, and the cost was not low.
Only 10 to 20 million RMB? It was too little.
"Never mind. I will find someone else to help me. Don't delay your company's development."
"Wait. Why do you want to donate to the water conservancy project?"
"Repair the dam to prevent floods."
Li Shiqiang: "… …" He could not understand what Feng Yu was thinking. He would rather borrow money and donate it to repair the dam. Furthermore, why do you want to repair the dam? Who will remember you? There was no flood.
"Can't you repair it next year?"
"I can't wait." Feng Yu mumbled.
"What do you mean by you can't wait?"
"Ah … … Nothing. Brother-in-law, you should know that I do not have much patience. I will borrow some money from someone else. Don't tell my family about this. I am not spending money recklessly. "
Li Shiqiang was thinking in his heart. If this is not recklessly spending money, then what is recklessly spending money?
What is this brother-in-law thinking in that head of his?
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