Chapter 453 – Taught a lesson by Zhang Ruiqiang
Feng Yu’s face was all black when he left Zhang Ruiqiang’s office! This Zhang Ruiqiang was too evil. Only half of the orders were the cheapest version of the Olympic model. There were also dozens of orders for the most expensive version. Zhang Ruiqiang happily walked Feng Yu to the door and even told him to come by his office often for a chat.
But in his car, Feng Yu smiled. Zhang Ruiqiang ah, Zhang Ruiqiang. You thought that the City had taken advantage from me? Hrmph! Just the quantity of your orders will be our promotional tools. This is not a loss for us!
There was no way for Feng Yu to accept these cars to be sold at cost price. After some haggling, he was able to convince Zhang Ruiqiang to let the Machinery Company have some profits. If not, Feng Yu would not be able to answer to Fu Guangzheng.
Feng Yu must tell Li Mingde to add in the marketing cost, management cost and all sorts of cost into the vehicles. He must not let Zhang Ruiqiang use the Machinery Company’s money to please others so easily.
Feng Yu had asked Zhang Ruiqiang about his orders. Even if the Police Department wanted so many cars, but those old cars can still be issued to the counties and districts. Why did they still need to order so many vehicles?
Feng Yu found out that Zhang Ruiqiang had helped the Provincial Government to order a batch of vehicles! The Provincial Government had wanted to purchase a batch of Audi vehicles from First Automobile Works. But they heard that Bing City had started to manufacture their own cars, and the performances of these cars were better and cheaper than Audi. Thus, the Provincial Government decided to use the Songjiang brand. On the surface, they claim to be supporting the local industry, but in reality, they just wanted more value for their money.
It was okay if the Machinery Company does not make any profit from selling the cars to the City. But to not make money from selling to the Provincial Government? Feng Yu quarreled with Zhang Ruiqiang on the spot. How can the City make such decisions for the Machinery Company?
What? You will give us some tax subsidies? This year’s tax will be exempted and 50% taxes for next year? You should have mentioned this earlier. The Provincial Government can enjoy the same rates as our Bing City.
Feng Yu agreed immediately. There will only be 5% profits from each vehicle. But actually, the profits were at least 10%.
Although the profits were minimal, it was still acceptable. The most important thing was his taxes for this year was waived, and next year, the Machinery Company will only need to pay 50% taxes. This will help his automobile project development.
Although Bing City only have a branch factory, from the current demand, they will be selling mostly the Olympic model. This should be the same for next year.
On the way back to the Machinery Company, Feng Yu felt something was off from the way Zhang Ruiqiang smiled at him.
Feng Yu arrived at the Machinery Company and passed the City’s order to Li Mingde.
“Old Li, this is the City’s order. 316 vehicles. You make the arrangements to deliver the cars as soon as possible.”
“Over 300 vehicles? This is a big order. I knew this order will be big when you are the one handling. There should be almost 10 million in profits from this deal if each car’s profit is 30,000 RMB.” Li Mingde was overjoyed. Although 10 million RMB was nothing compared to the billions invested, it was still a good start.
“The profit is not so high. You add in all the materials, manpower, machinery wear and tear cost into the vehicles’ cost and add in a 5% profit will do.” Feng Yu sighed.
Huh? What’s with Li Mingde’s expression? Not happy? He does not know that the taxes for the automobile branch factory was also quite high?
“Manager Feng, this tax exemption is what I had discussed with the City last week, and they have already agreed.”
Huh?
Feng Yu was stunned. F*ck! The City had already agreed to this last week? I have been conned by Zhang Ruiqiang!
“Is Mayor Zhang aware of this?” Feng Yu asked/
“Of course. This is not a small matter. How can the Mayor not aware of this?”
“Old Li, take that order form with you. We will go to the City Government now!” Feng Yu was furious. Using some conditions that were already approved to con him? This was too despicable!
“Where is Mayor Zhang?” Feng Yu looked at Secretary Liu and asked.
“He went to the Provincial Government for a meeting.”
Feng Yu sneered: “You think I am a fool? Why are you still here if he went to the Provincial Government for a meeting?”
Secretary Liu smiled: “Mayor Zhang had asked me to stay here to wait for you.”
Secretary Liu also did not expect Zhang Ruiqiang to give him such a difficult task! When he thinks of Feng Yu’s character, he was troubled. Both soft and hard approaches do not work on Feng Yu. Secretary Liu was only a secretary after all. Other people gave him face because of Zhang Ruiqiang. But from Feng Yu’s attitude, he knew that Feng Yu was here to quarrel with the Mayor.
But the leader’s instruction was for Secretary Liu to fool Feng Yu. Secretary Liu was praying in his heart that Feng Yu would not bear grudges against him.
“Where is that agreement I signed? Bring it over. I want to tear it into pieces!” Feng Yu stretched out his hand towards Secretary Liu.
“Manager Feng, how can you tear a signed agreement? Manager Li, help me persuade Manager Feng.” Secretary Liu looked at Li Mingde.
Li Mingde does not dare to go against Feng Yu, and at the same time, he does not want to offend the Mayor’s secretary. So……
“Ahhhh…. I am old now. I have some prostate problems. I need to go to the gents again. Please wait a while.”
Li Mingde made up an excuse and escaped. Feng Yu also did not expect Li Mingde to help him much. He only needed Li Mingde to act as a witness that he had been hoodwinked by Zhang Ruiqiang.
Old Zhang was too much! If Zhang Ruiqiang had a mobile phone, Feng Yu would have called him and scolded him!
After Li Mingde left, Secretary Liu led Feng Yu to a seat: “Manager Feng, calm down. This is not what you think.” Secretary Liu thought that it was better to tell Feng Yu the truth and not fool him.
“What do you mean? The City had already given us these conditions as their support for our Bing City’s Machinery Company. Because I am not aware of this, you used it to trick me?! How can the City do this? Think about how much I had contributed to the City over the past few years?”
“Lower your voice. Manager Feng, let me finish what I have to say.” Secretary Liu patted Feng Yu’s shoulders. His voice was too loud.
“Fine. You say. I want to hear what explanation you have for me.” Feng Yu angrily replied.
“Leader had asked me to show you this contract when you arrive. He was only joking with you with the previous contract.” Secretary Liu took out a contract from his drawer.
Feng Yu took a look at the contract. The rates of the vehicles in this contract had 10,000 to 20,000 RMB profits for each car. This rate was even higher than what he had offered to CCTV.
“What is the meaning of this?” Feng Yu looked at Secretary Liu in a daze.
“The leader said, ‘Feng Yu is overconfident, and he is not good in managing a company. If the Machinery Company does not have Li Mingde, it will surely be in a mess. This is a lesson for him. Don’t think that he can do everything and keep his trickery. Even Li Mingde can easily outdo Feng Yu when it comes to trickery.’ Mayor Zhang also wanted me to tell you that he had torn the previous contract. But he had helped you pointed out some of your weakness, and you will take note of it in your future business deals. Shouldn’t you do something to show your appreciation? In the northern region from the river, the City wants to build a high school and two junior high schools. But the City has a lack of funds and us short of 3 school buildings. The Leader said that ordinary school buildings will do.” Secretary Liu imitated Zhang Ruiqiang’s tone.
Damn, did Zhang Ruiqiang just taught me a lesson? Have I been overconfident?