The Rebirth of a Genius
Chapter 123

The reopening of the school also gave Feng Yu time to take care of his business.

Research and development of 2nd generation humidifiers has entered the final stage. The engineers from the Aviation Factory said that the research would end after a few more tests and there should be no problems. Within a week, he could send the research results to the Motor Factory for them to start production.

Feng Yu was pleased with this news. The earlier the development is completed, the earlier it can master the market. It seemed like in a few days, he had to invite Fu Guangzheng to discuss the export contract.

The engine company has good news, too. Their first batch of new tractors sold out, and they also attracted many new orders. Their tractor performance is better and cheaper than Dong Fang Hong's tractor. Even fools know which tractor to buy.

Orders to hijack machines and seeders also increased, and their market share grew. This made the Machinery Factory from Lin Province to be semi-shutdown, as no one bought their products.

Based on this development speed, sales for the Engine Company would be over 300 million, and they would have a profit of at least 60 million. This amount of profit was something that they did not even dare to dream of in the past. Even the Machinery Factory no longer belonged to the City Government, but the City was still the main shareholder of the company, and the dividend would be much higher than the previous year's profit. There are even a lot of taxes.

Zhang Ruiqiang has used the Machine Company as a pilot project to import high-tech machinery and technology from the Soviet Union and get an investment from a Hong Kong businessman. This was considered a significant achievement and his status in the City Government improved. Now, he can implement reforms of some state-owned enterprises, and there will be less objection to his plans.

Feng Yu was dissatisfied with the sales of 300 million RMB and the profits of 60 million RMB. The Machine Company is myopic now and does not care about the research and development of new technologies, to become a leader in this industry. If this continues, the Motor Company will return to its starting point after 5 years.

Of course, Feng Yu would not let that happen. In 5 years, he wants to become the main shareholder of this Machine Company, and when that happens, he will call the shots and do what he likes with the company.

And this isn't too far. This year, Feng Yu would have the chance to increase his family's ownership by more than 1 time!

Feng Yu was very confident because of Kirilenko who was in Moscow.

Kirilenko called Feng Yu yesterday and told him that she had news of a high-temperature steel furnace.

This piece of news really excited Feng Yu. A high temperature steel furnace is simply a furnace used to produce the processed steel used to make the mold.

In China, there are similar furnaces as well, but these furnaces are not resistant to high temperatures and cannot produce many special types of steel.

In China, at least 3 large factories want this high temperature furnace, and the Motor Factory is one of them. Feng Yu could only import 1 furnace, and Kirilenko had quoted him 3 million Rubles.

This type of large high temperature steel furnace uses technology that is several years old, but the new furnace is priced at more than 10 million Rubles. The price for a used furnace will also be more than 30%.

Feng Yu immediately contacted the Motor Factory and asked if they wanted this furnace for 5 million Rubles.

Li Shiyou agreed without hesitation. So what if this is a used furnace. As long as they are still in working condition, they can produce a product that they can only imagine before. The material cost will also be lower, and they will be able to return this amount within 2 years.

Feng Yu wanted the Motor Factory to absorb a portion of the tax amounting to around 300,000 Rubles. But what surprised Feng Yu the most was that Li Shiyou said that she would take care of taxes. The tax could be abolished because he would import it in the name of the military.

Feng Yu was startled by the authority of this state-owned company. Having a military background is too useful. Even Motor Factories are no longer military installations, they can still waive taxes!

What Feng Yu wanted was an extremely high-power electric furnace. This type of furnace has a high technical content and is valued at over 40 million Rubles. But because it was so expensive, Kirilenko did not dare to sell it to Feng Yu.

In fact, Feng Yu wanted to tell him that he was willing to pay more for that furnace and the technology behind it.

China does not have the technology to build ultra-powered electric furnaces. It can be said that every factory that owns this furnace, the factory will be the most high-tech in China.

China does not have the technology to build ultra-powered electric furnaces. It can be said that every factory that owns this furnace, the factory will be the most high-tech in China.

After spending tens of millions of rubles, even if the technique was unknown, the factory would also be willing to dispose of materials to know the technique and technology!

Feng Yu told Kirilenko that he was willing to buy the technology even if there were no machines. He did not want that military technology. Technology used for non-military purposes will be carried out. But technology should be considered advanced internationally, and he will give Kirilenko the right price for it.

In that era, industrial technology in China was too underdeveloped. Don't tell me compared to Europe or the US, they can't even be compared to their neighboring countries. Many types of machinery in China at that time were imported from Korea and Taiwan.

If Feng Yu could buy that technology, he would keep the ones that were useful to him and sell the ones that were useless to him. Not only could he benefit himself, but he could also raise the technology standards of Chinese industry. Killed two birds with one stone.

Most importantly, Feng Yu could raise his status in the eyes of the leaders. It would be best if he could meet with the senior leaders because of this. There is no harm in knowing more people.

Motor Factory pay 10% deposit and sign contract. Feng Yu then told Kirilenko to send a furnace and send at least 3 experts. The salary will remain the same as the previous one. Of course, if more experts were willing to come to work for Feng Yu, Feng Yu would also welcome them. More, more fun!

Talent is hard to find. If there were several dozen senior engineers from the Soviet Union working for Feng Yu now, his status would be different. With these experts, he would be considered a prestigious guest of the Provincial Government.

Talent is hard to find. If there were several dozen senior engineers from the Soviet Union working for Feng Yu now, his status would be different. With these experts, he would be considered a prestigious guest of the Provincial Government.

Kirilenko told Feng Yu that this time, he would at least send a dozen industry experts into it! The three previous experts lived comfortably in China, and their food and lodging was even provided by the Motor Factory. Every month, they could still receive a salary, much higher than what they had earned in the Soviet Union.

Last time, Kirilenko had contacted over 10 experts, but most of them had a wait-and-see attitude. With 3 experts working well now, the rest are willing to come to work.

They can make a lot of money and still do their best. They will be able to send money back to their families. Their lives would be much better than working in the Soviet Union.

But these people had one condition, which was that if the Soviet Union needed them, they would come back soon. Salaries will be pro-rata on the day they leave.

This made Feng Yu unhappy. Leave the unfinished work and return to the Soviet Union? Then why do we still give them such good benefits?

Feng Yu returned an offer to them that they would at least need to give one month's notice before they returned to the Soviet Union. If not, they will have to pay their 3-month salary compensation. Everything will be written in the contract.

Kirilenko relayed Feng Yu's message to the experts, and the number of experts willing to come to China was reduced to 5. The rest of us want to monitor the situation for longer.

Feng Yu told Kirilenko to contact experts who were in poverty. Feng Yu did not believe that these experts could resist the temptation of high wages!

One week later, the first prototype for an ultrasonic humidifier was developed!