The city government wanted to play the role of a bully, trying to take advantage of Feng Yu and his team, but this was absolutely impossible. If it were a foreign company, the city government would take it more seriously, but who could blame Feng Yu and his team for being locals of Longjiang?
Take this machinery factory, for example. Its original assets were worth no more than 10 million rubles, but how did it suddenly become 27 million rubles? The city government did add some investment, but the valuation of fixed assets was definitely inflated.
Feng Yu didn't mention any of this, already giving the city government enough face. If it weren't for wanting to leave a good impression on the city government for future cooperation, Feng Yu would have pointed it out long ago. Who do they think he is, a fool!
The machinery factory wanted to dilute Feng Yu's shares, but Feng Yu had the same idea. He would gradually turn the machinery factory into a company controlled by him!
"Mr. Feng, what's your opinion on this?" Li Mingde turned to Feng Xingtai and said. If the younger one couldn't handle it, he would directly appeal to the older one.
Although Feng Xingtai didn't fully understand, he still trusted his son in business matters. He shook his head and said he had no opinion, as long as they agreed to what Feng Yu said.
The leaders from the Agricultural Machinery Bureau and the machinery factory tried to persuade Feng Yu, and eventually even began to pressure him, trying to bind him with the greater good of the nation.
Feng Yu ignored all of it. This wasn't a matter of national defense, just agricultural machinery. They were also profiting. Besides, Feng Yu had already made a significant concession. Otherwise, he would have started by negotiating the production equipment and technical documents together, demanding at least 20% of the shares!
Seeing that the negotiations were about to turn into an argument, Zhang Ruiqiang had to mediate.
"Mr. Feng, didn't we communicate well yesterday? Why has it come to this today?"
"Ask them, not me. Let's not talk about other things. The production equipment, I sold it to the machinery factory for 2.4 million rubles, but now they value it at 4 million rubles, saying it's worth that much. Who's playing tricks here is obvious. To put it bluntly, I can buy a set of equipment, and I can buy another set. It's not just one buyer; I can find ten. It's because I can buy advanced equipment and have the most advanced technical documents!"
"Li Mingde, this is not right. I think you should reconsider Mr. Feng's conditions," Zhang Ruiqiang hinted.
There was something fishy going on, and he knew it. He was also trying to secure the best interests for the machinery factory and the city government, but he didn't expect the machinery factory to perform so poorly. Overstating fixed assets was one thing, but being seen through so easily, they were a bunch of incompetents!
The city government had been discussing for the past two days that they must maintain a good relationship with Feng Yu. Being able to obtain advanced Soviet equipment and technology was a significant achievement. If Harbin could get more, it might even restore its former glory as a national industrial base.
"Son, what's going on? Are these people trying to trick us?" Feng Xingtai pulled Feng Yu aside and asked quietly. Leaders shouldn't cheat the people, and he would have to talk to the leaders about this.
"Nothing, I'm intentionally letting them. Without the machinery factory, the city government, and even the provincial government's support, we will find it very difficult to move forward. Don't worry, we won't be at a disadvantage."
Now, Kirilenko is having a hard time getting equipment and technology, taking great risks, because Kirilenko's offer is too low, and some factories are hard to deal with.
Just wait a year, and the Soviet economy will continue to decline, with factories shutting down even more. Those who are bold enough to sell equipment will even contact us proactively. At that time, Feng Yu can bring in more advanced equipment, and the equipment won't be cheap for the machinery factory. Using this equipment as shares, Feng Yu can gradually take control of the machinery factory.
The current leadership of the machinery factory has outdated ideas. Under their management, the machinery factory won't develop much. Although Feng Yu isn't an expert, he can at least help the machinery factory avoid some detours.
Li Mingde and the others gathered to discuss. This young Mr. Feng is not easy to deal with, and the older Mr. Feng doesn't say anything, always referring questions to his son. Should we just agree?
However, the three conditions Feng Yu proposed were very difficult for them. They originally planned to give Feng Xingtai a position like deputy manager or union chairman, just a title without real power, with Li Mingde making the final decisions.
Unfortunately, Feng Yu didn't fall for it. Instead, he pointed out the issue of overstating fixed assets. If they didn't agree, what if Feng Yu demanded a re-evaluation of the assets?
"Alright, we can change the contract according to your requirements. Can we sign it now?"
"Let me see after the changes."
Feng Yu carefully read the revised contract. Li Mingde and the others didn't play any tricks; everything Feng Yu mentioned was changed, and no new clauses were added.
Feng Xingtai sat in the middle of the main platform, signing the contract with Zhang Ruiqiang and watching the seal of the State-owned Assets Supervision and Administration Commission be stamped. Li Mingde, in this situation, had no right to sign!
Feng Xingtai's expression was stiff. There was even a TV crew filming. Was he going to appear on city television?
Feng Yu hid in the corner, refusing to appear on TV. His father could become a star entrepreneur, but if Feng Yu were promoted as a young entrepreneur, he wouldn't be able to continue his studies.
"Let's have lunch at the machinery factory's canteen and celebrate," Li Mingde said, waving his hand generously.
Looking at the food and drinks on the table, Feng Yu shook his head. There were only twelve people, including the factory leaders, Zhang Ruiqiang, and Feng Yu's team, but there were over twenty dishes on the table.
There was even Maotai, costing several dozen rubles per bottle, and they brought six bottles. The extravagance was no less than in the future.
Feng Yu casually asked, "Factory Manager Li, how much does this meal cost?"
"It's not much, the factory will reimburse it. What are you worried about?" Li Mingde said with a smile.
"I'm worried about the factory reimbursing it. The reimbursement in the factory is problematic. Some factory leaders' reimbursements are even higher than those of city leaders. There are also receptions and travel expenses, all paid for by the public, and we have a share in it. We absolutely cannot spend like this. That's why I need to supervise the finances," Feng Yu said solemnly.
Everyone's faces changed. Feng Xingtai was holding a wine glass with a smile, but suddenly noticed that everyone else had put down their glasses and was staring at his son. What are you doing, trying to bully my son? You have to get past me first. Feng Xingtai widened his eyes and glared back at one of them!
"Mr. Feng, your concerns are excessive. We set up this table to celebrate our successful cooperation. Let's not talk about these things. Eat and drink," Li Mingde loudly changed the subject.
Feng Yu opened his mouth but didn't say anything more. Changing mindsets won't happen overnight. In two years, Feng Yu will become the controlling shareholder of the machinery factory. At that time, who would dare to spend public money so recklessly? They would be out!
PS: The machinery factory is important, and the city government's support is even more crucial. So, although Feng Yu seems to be at a disadvantage now, he will soon make it all back. Speaking of which, we still had a bottle of Maotai from the 1980s at home, but it broke. That was a terrible time! Also, thank you for the generous donations from "I Want to Be Good" and "Snake," and congratulations to "Snake" for becoming the second patron and topping the fan list. This week, I will correct the errors in the previous chapters, so updates will be a bit slower. I still need your recommendation votes, which are free, so please support me.