Extraordinary Genius
Chapter 97 Development Directions of Taihua Plant
Then went according to the script set by Feng Yu. Li Mingde, as he had expected, was anxious to sell his shares and did not dare to let Gongguang look at the company's finances in detail.
Payment has already been understood and discussed with the father. For the time being, they can afford it. As long as this mechanical company is able to grow, it will recover its investment in less than two years, and then it will be profitable for at least 10 years.
Not to mention, we can bring Feng Yu closer together, which is very important to both Fu Rongjin and Fu Guangguang. Therefore, under the deliberate confusion of Pay Guang, under the careful concealment of Li Mingde, Pay Guang is entering into shares with RMB 20 million, in exchange for about 16 percent of the shares of the machinery company, becoming the company's second largest shareholder.
This was unexpected by Feng Yu. I didn't expect that he would have the courage to pay Guangzheng. I dared to invest so much, not to mention the fact that the city had such a large pen and would sell so many shares.
But to think about it, the city still made money, whether paying for Guangzheng's investment or Feng Yu's technology stock acquisition, which was lowered by the original asset valuation of the machinery factory. The city receives advanced technology and 20 million RMB of adequate funding, essentially for less than a penny.
According to the assessment of city experts, even with only about 74 percent of the shares, profitability more than doubled before the restructuring and the city made a lot of money. Besides, it is still a city holding, still paying taxes to the city, the factory needs to be expanded, providing more jobs, the city takes advantage!
The payment was also consuming his liquidity this time, which was still more than HK $10 million from his father, and his mother had put together some money for him, otherwise he would not have had the money to take away the used luxury cars.
The liquidity of the company's books has exceeded 30 million, Feng Yu smiled. For the next two years, Feng Yu intends to continue the resale business of the Soviet advanced equipment and its technology. He has revealed a little wind to the motor factory and ice flight factory, and is waiting for the other party to come to order.
Once he had identified what the other party had purchased, he would be able to make another fortune in partnership with Ki Brother, but also improve the country's industrial skills and make an excellent impression in front of the leadership. Why not?
As for this time, Feng Yu is going to help Dad run the grain processing plant at home. Now that Taihua specialty oil is already very hot in Longjiang, even Lin Province has been questioned.
Sales have stabilized, temporary production capacity is still slightly higher than sales capacity, no rush to new production equipment, after the new year, Soviet equipment has to be discounted! This technology is not high in civilian equipment and is still very good to buy.
The soybean oil was sold well in the previous period, and the profit made Daddy laugh very hard. This was something that Daddy had not considered at all. Although the gross profit was amazingly high, the money spent on purchasing equipment to build a plant on land was very high. If white sugar and feed were not yet profitable, then Feng Yu's investment should be a failure.
White sugar is just an addition to what Feng Yu bought for the feed, and he is not prepared to make a lot of money from it. Feng Yu believes that the most profitable is not even the now hot soybean oil, but the feed, the pig feed.
The domestic population is now growing rapidly and incomes are rising rapidly, but the supply of goods for subsistence, especially agricultural by-products, is far from sufficient, as the country has developed industries vigorously in previous years.
Although not everything has been done like the Soviet Union, in previous years governments ~ governments have paid more attention to industry and agriculture has inevitably been undervalued.
Traditional agriculture is now beginning to grow, but agricultural by-products are still not well developed, which means that the supply of pork is far from sufficient. A lot of people have money, but they can't buy pork! Pork on the market is often not fresh.
Feng Yu and their farms have always had chicken farms and pig farms. Unfortunately, they are half-dead. The chicken farms were even more directly yellow last year. Farms, similar to rural areas, the only difference may be that farms have more land than rural areas and are slightly more mechanized, but most people who live in companies, even in bungalows in the field, do some by-product farming.
Almost all households have chicken ducks, and a few have pigs, cows and goats, all kept for the new year to kill and eat, so many people say that in this era, farmers' living happiness indicators even exceed those of the city!
Households tend to have these, and the farm's chicken farm and pig farm naturally don't have much to sell, and when transported to the city, they think about it, but it's not that easy to open them.
Feng Yu once remembered that the first time he looked at the domestic richest man list, there was a richest man on the list, and what he did was pig feed. In the 1990s, his company's feed, bestselling all over the country, made him a lot of cash.
Feng Yu doesn't want his father's small factory to grow up to be the number one in the country, but Longjiang can't be too much? Even to think big, Northeast First is not impossible.
Of course, the primary goal now is to sell this backlog of white sugar!
Feng Yu is sitting with the head of Iceland Food Bureau to talk about the products entering Iceland Grain and Oil Store at Taihua Grain Plant.
“On weekends, as you can see, our Taihua specialty oil sales account for at least 10% of Iceland's market share and are growing rapidly, reaching at least 30% by next year. I'm also confident that I'm doing something, more than 50 percent. ”
Feng Yu is bragging. Now with the production capacity of Taihua factory, we have to distribute the whole province. We can barely take up 10% of the market share of Iceland. Sales in other regions are also growing. We can't run out of goods and affect the current sales volume. This is a critical period to improve brand value!
However, Taihua's selection of oils is fierce, and they have already beaten the grain bureau to the point where they didn't expect a small local factory to produce soybean oil with such a high market share. More importantly, the grain bureau is having a very difficult time right now, and many people, including leaders, are asking whether this gasoline is really harmless to soybean oil.
But now it's a market economy, allowing private factories to sell these products, and he can't force the other party not to sell them, let alone let the grain and oil factory replace the less oily pressing technology and abandon the leaching technology that is now more oily. So he figured out a way for the distributors to stop selling the oil and get it to the grain and oil stores, and the city supported him.
But it didn't occur to me that the person they came to talk to was a half-sized man. At this age, he must still be in high school? And the half-sized that he thought he was dealing with well, he was so hard to deal with. Not only does it require grain and oil factories to sell the white sugar of their Taihua factory, but it also helps to promote the white sugar of Taihua factory. How can it be true that grain and oil stores do not promote the products of grain and oil factories and promote the products of a small private factory!
But the other side said, if you don't agree, then our oil will not be sold to you, the supply and marketing agency won't let it sell, we will push directly to those retail stores. Anyway, now the retail stores are like springshoots after the rain, blooming everywhere, it is much denser than the grain and oil store coverage.
Zhou Kehua is now in a difficult position to ride a tiger. On the one hand, he wants the right to sell Taihua's select oil, and on the other hand, he doesn't want to agree to Feng Yu's harsh conditions. The conversation stalled. PS: The so-called controlling shareholder, who requires holding two thirds of the total share capital, is not 51 percent, so don't get confused. Also, thanks to the criticism of the bookmate, Fourth is in the process of being revised. If you have any questions, please continue to leave a message in the book review area. Finally, please vote on the recommendation to Fourth, thank you.