"Feng, I heard we are making money." Kirilenko suddenly appeared in Feng Yu's office and shouted.
"That's right. We had settled the Thai Baht contracts now, and we are making money. But it is not the time yet. We will settle the contracts in a few days. "
Feng Yu doesn't need so many funds now, and it's not worth it to settle the contracts. Also, Thai Baht is still falling, and after the other Asian currencies are attacked, Thai Baht will plunge again. That will be the best time to settle the contracts, and Feng Yu will make the most out of the contracts.
"It's fine. I am just asking. Oh, our four factories had completed their testing, and the production of our new mobile phones had started. I had gotten some people to test it, and they said it is very good! "
This mobile phone will be launched on the 1st of next month, and it will be very popular. The exterior and performance of this mobile phone are very attractive, and the price is also very competitive. With the help of his friends, this mobile phone will surely be a hit, and he will make lots of money.
"It's fine as long as the phone is good. But we must keep an eye on our competitors during the sales. Those companies might not necessarily not have phones with similar performance as ours. Maybe they have phones with better performance. "
Although Feng Yu's foresight from his previous life had helped Aiwa Electronics to develop their products quickly, Motorola and Nokia are the leaders in the telecommunication industry.
But both Motorola and Nokia are the leaders in the telecommunication industry. Their technology reserves are very deep, and it is not easy to surpass them in a few years.
Those big companies still have a trump card up their sleeves. Their products in the market will not have the latest technologies. But after setting up factories in Russia, Wind and rain mobile phones, they will have an advantage in terms of production cost.
"I know. But if they want to compete with me for distribution channels, they will surely lose! Oh, we have an automobile factory for sale. Shall we buy it together? "
Songjiang Motors is now a famous brand in Russia. Although it is not a luxury car, it is suitable for ordinary people and is durable.
Kirilenko can also buy over that automobile factory himself, but he felt a joint venture with Feng Yu to produce Songjiang Motors vehicles is the easiest way to make money.
Of course, if Feng Yu is willing to give him the authorization to use Songjiang Motors' technologies and brand, he can also do it alone. But obviously, this was not possible.
Feng Yu looked at Kirilenko. He had tasted the sweetness of cooperation. But setting up a joint venture factory in Russia is not a bad idea. Now, Songjiang Motors' sales are increasing, and the factories in China are running out of capacity. They need to expand their factories.
If Feng Yu were to build a factory in Russia, he could save a sum of taxes, and he does not need to expand his production lines in China. Also, building a factory in Russia would make it easier to export to other European countries.
Last year, Songjiang Motors became popular internationally. But it died down quickly, especially in Europe. The European industry is strong and has many automobile brands. Songjiang Motors has no advantage over Europe.
If Songjiang Motors had included the advertising fees and other investments, Songjiang Motors had suffered losses in Europe. The sales in the United States barely broke even.
Some people in Bing City Machinery Company felt it was too early to enter Europe. Maybe they can lower their prices in Europe and seize the market share. But Feng Yu does not agree.
Once Songjiang Motors was perceived as a low-priced car, people will start to think that even if Songjiang Motors' quality improved, they will not be recognized by the consumers if they want to raise the prices.
But if they sell their cars, they will suffer losses. If they don't sell their cars, their advertisements will be wasted. Feng Yu was hesitating if he was too aggressive. He should expand slowly from Southeast Asia and spend ten to twenty years to build up his brand.
Now, setting up a factory in Russia is a good solution, and it will allow the brand to expand quickly. Maybe within five years, Songjiang Motors will have a foothold in Europe.
Also, Bing City Machinery Company does not need to invest a lot of funds to set up a joint venture factory. The brand and technologies will cost a lot. This can be considered a brand and technologies export, and it is something to be proud of. Hua Xia had always been the one introducing foreign technologies, and now, it's Hua Xia's turn to export their technologies and brands!
"Ok. I will call Li Mingde and ask him to come over. We can discuss this further."
"Feng, this automobile industry is considered a heavy industry, and I cannot let you all own such a high percentage of shares like the electronics factory. But I can provide more funds." Kirilenko replied.
Russia's heavy industry is one of the best in the world, but they focus more on their military. Hua Xia had overtaken their automobile industry.
But even so, Russia will not allow other countries' heavy industry companies to set up factories in their territory. Without Kirilenko's help, it will be difficult for Russia to get a stake in their factories.
"What's the highest percentage of shares you can give us? Funds are not a problem for me, and the technologies and brand are worth a lot. "
If Kirilenko's percentage is too low, Feng Yu will not agree. Even if Feng Yu agrees, the rest of Bing City Machinery Company's management staff will also object. Although Feng Yu is the major shareholder, he will not dictate everything. After all, the people in the company are the ones managing the company.
"If you all can authorize all the current models, technologies, and brands, you all will not need to fork out a single cent. I can let you all own 20% of the shares. If you all want more shares, you all will have to fork out money. I can only give you all 49% of the shares. "
Kirilenko wants to be the controlling shareholder. But Feng Yu is not sure if the valuation of the brands and technologies is accurate. But he had not seen the new factory, and Kirilenko might have overestimated the company.
"Let's wait for Li Mingde to come over before we discuss. You can own the controlling shares, but the brand must not be changed. It must be Songjiang Motors! "Feng Yu emphasized.
"Of course. I am not willing to own a new brand." A new brand needs to be re-branded and re-introduce the consumers. It will take at least one to two years. Rather than going through so much trouble, why not make it simpler? Anyway, Kirilenko's purpose is to make money.
"That's all. We will talk about the other details later. Have you decided on the wedding date? "Feng Yu joked.
It should be time for Kirilenko's marriage partner to marry into his family.
"It should be around the end of the year in December. I have not decided on the exact date. I will let you know when it is settled. "
"Congratulations. You all will have a family in the future."
Kirilenko showed an ugly smile on his face. He will have a family in the future, but he is not used to it.
"When do you intend to get married? Let me tell you. Don't get married too early. "
Feng Yu rolled his eyes and did not say anything.
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