The mechanical factory's restructuring has not yet been completed. The contract has been signed, but it will take a few more days to receive the share certificate. Feng Xingtai has returned to the farm, still thinking about the grain processing plant.
Feng Yu handed over the technical documents and the three Soviet experts to the mechanical factory and returned to school for classes. His classmates have become accustomed to his frequent absences, and even the teachers can't manage him, as the vice principal is protecting him.
Just two days into classes, he took another leave.
This time, Feng Yu had no choice but to take leave. The last batch of second-hand luxury cars arrived last week, and the motor factory has been working overtime. They can complete the refurbishment today, and Fu Guangzheng also arrived at the Bingcheng airport this morning.
This batch of second-hand luxury cars has kept Kirillenko busy for a long time. Although the Soviet Union has many British-imported cars, there are not many second-hand car dealers. He spent so much time that he almost swept through all the second-hand luxury cars around Moscow, managing to gather only fifty-three. According to his investigation, within one or two years, there will not be more than ten British second-hand luxury cars within a few hundred kilometers around Moscow.
Fortunately, Feng Yu has started doing business with him again, importing machinery and equipment, and he can sell technical documents independently, making much more money than before.
Of course, the Chinese goods Feng Yu sells to him are also increasing. He is now the most famous Chinese goods supplier around Moscow. Lying on the sofa, drinking vodka, and earning rubles every day, this life is too good.
Fu Guangzheng came out of the hotel and headed to Taihua Trading Company with his assistant. The last batch of second-hand luxury cars, especially the sports cars, sold for a sky-high price.
On average, he bought each car for 400,000 yuan and sold them for an average of 630,000 yuan. After deducting transportation costs and other expenses, his profit exceeded 30%.
Although the profit is not as high as selling antiques, antiques are not always available, and one mistake could result in a significant loss. This is much more stable. If there were a steady supply of goods, it would be even better. Especially sports cars, which are in high demand in coastal areas.
Several master mechanics were inspecting the vehicles, while Fu Guangzheng and Feng Yu sat on the side chatting.
"Mr. Feng's business is getting bigger and bigger. If there are any good projects next time, you must bring me along," Fu Guangzheng said in broken Mandarin, making Feng Yu feel uncomfortable.
However, Fu Guangzheng's Mandarin has improved significantly, much better than last time, showing that he has put in a lot of effort. Successful people inevitably put in more effort than others.
"Mr. Fu, there is indeed a good investment opportunity now. I wonder if you are interested."
Fu Guangzheng immediately leaned in: "What opportunity? Tell me, Mr. Feng."
Recently, the antique business has not been good. More people are getting into it, and the good items he can find are becoming fewer. Last month, an experienced dealer made a mistake and lost several million yuan. Fu Guangzheng admitted that his skills were not as good as that person's, and he was also worried that one day he might make a mistake and lose everything.
Moreover, his father was also against him doing this business, considering it speculative. Speculation and investment are different. Speculation can bring huge profits but also huge losses. Investment is relatively stable, with smaller risks of profit and loss.
For example, Fu Guangzheng's second-hand car business has earned praise from his father. In his father's view, Fu Guangzheng's move into the mainland is a good step, but investing in some industrial enterprises would be even better.
Upon hearing that Feng Yu had a good investment project, he immediately became interested. He could easily come up with a few million yuan, and if he squeezed a bit, ten million would not be a problem.
"Mechanical manufacturing, are you interested, Mr. Fu?"
"Mechanical manufacturing? What specific area?" Fu Guangzheng frowned. Domestic mechanical manufacturing is far behind Europe and America. There is potential for development, but it requires corresponding technology.
"Currently, it's agricultural machinery, using advanced Soviet machinery and equipment, guided by Soviet experts, and with the most advanced Soviet technical documents."
Fu Guangzheng's eyes widened: "Can Mr. Feng get these? Are there any other technologies besides agricultural machinery? Mr. Feng, why don't we just sell the technical documents and make a fortune? How about it, I'll provide the capital, and you take the majority share."
Feng Yu shook his head: "Mr. Fu, you're thinking too simply. You may not understand the domestic situation. Without government backing, selling technical documents won't last long, and you might end up in jail. My current partner is the Bingcheng Mechanical Factory, which has been reorganized into the Bingcheng Mechanical Stock Company. My father holds a 10% share. If you invest, I can guarantee you a 50% return within three years!"
Fu Guangzheng lowered his head, thinking carefully. Partnering with a state-owned enterprise involves many issues. He has seen many leaders of state-owned enterprises in the south, with rigid thinking and backward management. How can there be a future working with such people?
But this mechanical company has advanced Soviet equipment and technology, which should make it easy to open up the market. Moreover, he believes Feng Yu is a very shrewd investor. Since Feng Yu's father has invested, it should be a good opportunity. Besides, Feng Yu is right; without government backing, many things are not convenient.
"Mr. Feng, why do you want me to invest?" Fu Guangzheng looked into Feng Yu's eyes, feeling that there was more to the story.
"Actually, I have many contacts, but I chose to talk to you because of your Hong Kong businessman status. To be honest, there are many things in this company that I don't like, such as chaotic finances, backward management, and rigid thinking among the factory leaders. The city's inexperienced leaders often interfere. With your investment, I am confident that I can correct these issues within a year."
"In a joint-stock company, the controlling shareholder makes the decisions. Why would they listen to you?"
"What if I become the controlling shareholder?" Feng Yu countered.
"Would you continue to invest and dilute their shares?" Fu Guangzheng's face turned grim. Diluting the city's shares would also dilute his shares. What would be the point of his investment, just to help Feng Yu?
"You can also continue to invest. If you don't have the money, your father does. Use your shares as collateral to borrow from your father. Would he refuse? The prospects of this mechanical company are clear to you.
We are an agricultural country, and the market for agricultural machinery is vast. Moreover, the method I will use to dilute shares is not by investing more money but by contributing advanced equipment and other types of technical documents. They cannot refuse this, and it will ensure that we have at least a ten-year lead in technology and equipment. How much money can be made in ten years, you should have a good idea, right?"
Fu Guangzheng was almost overwhelmed by the grand vision Feng Yu painted. He hesitated: "Mr. Feng, can I think about it and give you an answer in a few days?"
Feng Yu understood that Fu Guangzheng wanted to discuss it with his family.
"Of course, there's still time before the New Year." ~~~ Recommendation votes, Old Four rolls over for recommendation votes