After that, everything went according to Feng Yu's plan. Li Mingde was the same as what Feng Yu had predicted. He was eager to sell his shares and did not dare to let Fu Guangzheng look at the company's finances.
Fu Guangzheng had understood the situation and discussed with his father. They could afford to take this loss. If the Machinery Company could grow, they would be able to recoup their investments in less than 2 years and there would be endless profits. They would not have to worry for at least 10 years.
Furthermore, they would be able to get closer to Feng Yu. This was something Fu Rongjing and Fu Guangzheng valued. So, Fu Guangzheng pretended to be clueless and Li Mingde hid the truth from him. Fu Guangzheng invested 20 million RMB in exchange for 16% of the Machinery Company's shares and became the second biggest shareholder.
This was out of Feng Yu's expectations. He did not expect Fu Guangzheng to be so daring to invest so much. He also did not expect the City to be willing to sell so many shares.
But when he thought about it, the City still made a profit. No matter if it was Fu Guangzheng's investment or Feng Yu's technology, the Machinery Factory's valuation had lowered the proportion of the shares. The City Government did not have to spend a single cent more to obtain advanced technology and 20 million RMB in funds.
According to the City's experts, even if it was only 74% of the shares, the profits would be more than double of what it was before the restructuring. The City had made a huge profit. Furthermore, the City was still the controlling shareholder and still had to pay taxes to the City. The factory still needs to expand and provide more jobs. The City had made a huge profit!
Fu Guangzheng had used up all his liquid funds. His father had given him more than 10 million HKD and his mother had given him some money. If not, he would not even have the money to move those second-hand luxury cars.
The company's liquid funds had exceeded 30 million RMB, and Feng Yu was overjoyed. For the next 2 years, Feng Yu planned to continue his business of selling the Soviet Union's advanced machinery and technologies. He had leaked some information to the Motor Factory and the Aviation Factory. He was waiting for them to come to his doorstep.
Once he confirmed what the other party wanted, he could work with Kirilenko to make some profits. He could also improve the country's industrial technologies and leave a good impression in front of the leaders. Why not?
During this period, Feng Yu had to help his father manage his family's food processing factory. Now, Tai Hua Premium Cooking Oil was very popular in Longjiang Province. Even people from Lin Province came to ask about it.
The Soviet Union's sales had stabilized, and the production capacity was still slightly higher than the sales. There was no rush to import new production equipment. After the New Year, the Soviet Union's equipment prices would drop! This kind of low-tech civilian equipment was very easy to buy.
Some time ago, the soybean oil had been selling quite well, and the profits made Feng Yu's father smile from ear to ear. This was something that Feng Yu's father had never considered. Although the gross profit was shockingly high, buying the land, building the factory, and purchasing the equipment would cost a lot of money. If the sugar and animal feed were not profitable, then Feng Yu's investment would be considered a failure.
Feng Yu bought the sugar for the animal feed. He didn't plan to make a big profit from this. Feng Yu believed that the most profitable thing wasn't even the popular soybean oil, but the animal feed, the pig feed.
Currently, the domestic population was increasing rapidly, and income was also increasing rapidly. However, the supply of daily necessities, especially the supply of agricultural products, was far from enough. This was because the country had focused on industrial development in the past few years.
Although it was not like the Soviet Union, the local governments had placed more emphasis on industrial development in the past few years, and the agriculture industry was neglected.
Now, the traditional agriculture industry had started to increase, but the agricultural products were still not developed. The supply of pork was far from enough. Many people were rich, but they could not buy pork! The pork sold in the market was also not fresh.
Feng Yu's family had a chicken farm and pig farm. But those farms were not doing well. Last year, the chicken farm had closed down. Farms were similar to villages. The only difference might be that farms had more land than villages, and the degree of mechanization was slightly higher. However, most of the people living in the village, even if they lived in a bungalow, would do some farming as a sideline.
Almost every household reared chickens and ducks. There were also many who reared pigs, cows, and goats. They were all kept for the New Year. Therefore, many people said that in this era, the happiness index of farmers even exceeded that of city dwellers!
Since every household was rearing livestock, the chicken farm and pig farm were not selling well. They had thought of transporting the livestock to the city, but it was not easy.
Feng Yu remembered that in his previous life, there was a tycoon on the list of China's richest people. He was in the pig feed business. In the 90s, his company's animal feed was selling well all over the country, and he had made a lot of money.
Feng Yu did not expect his father's small factory to be the best in China, but it should not be too much to be the best in Longjiang province. It might even be the best in the northeast region.
Of course, the most important thing now was to sell off this batch of white sugar!
Now, Feng Yu was sitting with the leaders of Bing City's Grain Bureau. They were discussing the import of Tai Hua Food Factory's products into Bing City's Grain Shops.
"Chief Zhou, you should have seen our Tai Hua Premium Cooking Oil sales. We have at least 10% of Bing City's market share, and it is still increasing. By next year, our market share will reach at least 30%. I am also confident that we can increase our market share to more than 50%. "
Feng Yu was bragging. With Tai Hua Food Factory's current production capacity, they could barely occupy 10% of Bing City's market share. The other regions' sales were also increasing, and they must not run out of stock. It would affect their current sales. This was the crucial period to increase their brand value!
But Tai Hua Premium Cooking Oil was very popular and had given the Food Administration a hard time. They did not expect a small factory's soybean oil to have such a high market share. Most importantly, the Food Administration was having a hard time. Many people, including the leaders, were asking if the soybean oil made from gasoline was really harmless to humans.
But now, it was a market economy, and private factories were allowed to sell these products. He could not force the other party to stop selling these products, and he could not force the other party to stop selling them. He also could not force the other party to change the pressing technology and give up on the leaching technology. So, he thought of a way to get the cooperative to stop selling this type of cooking oil and sell it to the Grain Shops. The City Government also supported him.
But he did not expect that the person who came to talk to him was a teenager. At this age, this teenager should still be in secondary school. Zhou Kehua thought that this teenager was easy to deal with, but it was so difficult to deal with him. Feng Yu not only wanted the Grain and Oil Factory to sell Tai Hua Factory's sugar, but he also wanted to promote Tai Hua Factory's sugar. The Grain and Oil Shops did not promote the Grain and Oil Factory's products and chose to promote a small private factory's products.
But Feng Yu said that if the Grain and Oil Factory did not agree, then they will not let the Grain and Oil Factory to sell their oil. Since the cooperative does not allow them to sell their oil, then the Grain and Oil Factory will push their oil to the small shops. Anyway, the small shops were like mushrooms after the rain.
Zhou Kehua was in a dilemma. On one hand, he wanted the sales rights of Tai Hua Premium Cooking Oil, and on the other hand, he did not want to agree to Feng Yu's conditions.
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