Extraordinary Genius
Chapter 823 – Gift from heaven
Feng Yu told Citibank’s Chairman about Myers, and he was forced to resign. The resignation was better than getting fired. At least he could get a job in another bank.
But Myers was full of hatred and swore revenge on Feng Yu!
After getting the loan, Feng Yu invested most of it into the stock market, mainly the shares of 2 companies, Yahoo and Microsoft. He also bought some shares of internet and technology companies. He had hired some brokers to look after these shares for him, and the brokers have to notify him once there is any negative news about these companies.
Kirilenko also invested in these technology companies under Feng Yu’s advice. At the same time, he asked his men to look out for potential companies in the US. He wants to follow Feng Yu’s footsteps and get control of a few companies. If possible, he wants to enter the board of directors and openly earn money from the Americans! He wants the Americans to work for him!
……
“Mr. Feng, our Manager Li is in New York. He would like to meet you to discuss the cooperation.” Lin Qishu called Feng Yu.
Manager Li, Li Jingwei? He is in New York?
“Okay. I will wait for him in the Empire State Building.”
“Manager Li, Feng Yu says he will wait for you in the Empire State Building.” Lin Qishu looked at Li Jingwei cautiously.
Lin Qishu knew Li Jingwei is an arrogant person. He did not even think much of Pepsi in the past, and now, he must go and visit the other party. He will be in a weaker position, and Lin Qishu was afraid he would get mad.
But Li Jingwei did not get angry and even laughed: “Ok. I also want to revisit the Empire State Building. When our US branch started operations, our office is located there.”
A Chinese man in his 50s was sitting opposite Feng Yu. Both were looking at each other. Feng Yu wondered what sort of person he is. This man had built China’s top beverage, Jianlibao, from scratch. Li Jingwei wanted to know how this young man become Microsoft’s director.
In front of them, there were a few beverages. These were all Chinese beverages, and Jianlibao and Lehaha products were among them.
“Manager Li, what would you like? Pick yourself.
Li Jingwei picked up Jianlibao without hesitation. As the General Manager of Jianlibao, how can he pick up another company’s drink during negotiations?
Feng Yu opened a can of Zhenzhen drink and made Li Jingwei frown. This Feng Yu is Lehaha’s main shareholder. Why did he pick up another company’s drink?
“Manager Li, you must understand your opponents to beat them. If you don’t drink other company’s products, how can you win in terms of taste?” Feng Yu said after burping loudly.
“These should be done by the R&D staff and not by me. Manager Feng, you prepared so many Chinese beverages here. What are you trying to tell me?” Li Jingwei looked at Feng Yu, but he already could guess the answer.
“What? Manager Lin did not tell you I want to set up a beverage major league?” Feng Yu purposely ask.
“These are the beverages you picked?” Li Jingwei looked at the beverages on the table. There are too many varieties.
Li Jingwei does not mind setting up this beverage alliance, but Jianlibao must be the star. Even if Feng Yu has more money than Jianlibao, the beverages must be ranked according to their brand influence. Jianlibao is the top of all these beverages.
“These are what I can find. All these beverages have a certain amount of scale. Although I call it a beverage major league, not any brand can enter. We must also pick the members, right?”
Feng Yu had already instructed Zhong Qingxian to check out those smaller brands. If he can buy out those smaller brands, just acquire them. If not, forget it. It is also not easy to promote those smaller brands and they might not even recover the marketing fees.
Feng Yu had placed so many beverages on the table was to show Li Jianwei that he had made a thorough research of the Chinese drinks.
“Manager Feng, I also know Zhong Qingxian. But I do not know the biggest shareholder of Lehaha is another person.” Li Jingwei stared at Feng Yu as he said this.
Feng Yu thought to himself. You are still unaware of lots of things. I am not only the biggest shareholder, but I also own more than 50% of the company!
Last year, Zhong Qingxian decided to stop the production of Lehaha children supplement drinks, and he falls out with another two shareholders over this. It was because Lehaha Children supplement had survived the health supplement crisis and can still bring in lots of profits.
Lehaha’s new products, Eight treasures porridge and Qili Energy Drink, were not selling well and did not even have profits. The two shareholders were unhappy over the decision to stop the production of a profit-making product for these loss-making products. They quarreled with Zhong Qingxian over this.
In the end, those two shareholders decided to sell off their shares to set up their own businesses. Upon hearing this, Zhong Qingxian immediately notify Feng Yu and both of them increased their shares of the company.
Feng Yu was not only the biggest shareholder of Lehaha, he increased his shares to 53%. Zhong Qingxian also increased his shares to 38%, but he owes the bank lots of money. Those two shareholders did not sell off all their shares and kept a small amount.
Those two shareholders are conservative people. It’s good to set up their own businesses, but there are risks. These two kept some of Lehaha’s shares as an insurance.
Lehaha’s top management were also issued with some shares to bond them together.
“Manager Li, you also know Old Zhong? If I know I should have ask Old Zhong to speak to you. Are you curious why Zhong Qingxian is still the one managing Lehaha? Very simple. I am lazy to run the company.”
Lazy to run?
Li Jingwei’s eyes opened wide. What sort of reason is this? Just because you are lazy, you gave away your authority? But he remembered that Zhong Qingxian is one of the founders of Lehaha. Maybe they have some sort of agreement.
If that’s the case, I should be able to still keep my authority in Jianlibao after he invest in it.
Li Jingwei put down the can of Jianlibao and looked at Feng Yu. “Manager Feng, are you interested in investing in Jianlibao?”
Huh? Invest in Jianlibao?!
Feng Yu was shocked. Li Jingwei is asking me to invest in Jianlibao? Jianlibao should not lack money… What is he up to?
But no matter what Li Jingwei was thinking, Feng Yu will surely agree. In the future, Jianlibao will fail because Li Jingwei fallout with the government. But currently, Jianlibao is still very successful in penetrating the US market. It is worth to invest.
This is a gift from heaven!