The Rebirth of a Genius
Chapter 124

Although the humidifier still did not live up to Feng Yu's expectations, it was the right size. He can change the exterior design, and if that doesn't work, he can always hire a product designer to do it for him. Product designers were not expensive in that era.

The humidifier is turned on, and the mist comes out immediately. It is much faster, more efficient and uses less electricity compared to older versions of moisturizers. Those who did not go through that time could not imagine what it would be like to have a lack of strength. Even in cities, residents have limited power supplies and priority is given to state-owned factories and government agencies.

Feng Yu thought about making AC. The air conditioner will have a higher advantage than the electric fan. But due to a shortage of electricity, he canceled the plan. Now, there are only 2 types of air conditioners which are central air conditioners and vertical air conditioners. The little hanging AC has not appeared yet.

Those from the future era will know how high the electricity consumption for vertical air conditioning is. There are AC factories in China, but their sales are miserable. That's because the government has regulations that if a household wants to install AC, they must meet energy-saving standards. Many factories do not meet these requirements.

So, most of the ACs in the market are imported, and their main market is senior leaders and wealthy businessmen.

To install an air conditioner, one must pay an amount of about 3,000 to 5,000 RMB of electricity bills first. It's kind of like a tax. There are not many people who use AC all over China and how could Feng Yu, who only has a brief knowledge of how AC works and how does one look, make one?

Even if he were to ask experts to research it, his investment would be huge. It's not worth the effort. So, Feng Yu chose to produce electric fans at first and the advantage of the fans made him smile for a long time.

This new humidifier let Feng Yu see the next pot of gold. There are not many moisturizing factories in China, but some state-owned factories are starting to research and develop moisturizers and succeed. But the humidifier was used for industrial purposes and was not used by civilians. In addition, the size of the humidifier is not small.

Overseas, there are household moisturizers, but they are also electrothermal moisturizers. This humidifier has not been imported to China. That is why if the humidifier is produced domestically, it will be able to capture the Chinese market quickly and create a monopoly.

Feng Yu was also confident that if he exported this ultrasonic humidifier, it would also be popular in markets like Europe and the US, and countries in the northern hemisphere where the environment is drier.

The only problem Feng Yu was facing right now was the threat of imitation. Impersonation of the emerging humidifier affects sales of Wind and Rain humidifiers significantly. Although Wind and Rain moisturizers are still the market leader, but it is only a matter of time when imitations take over the position.

Finally, they have new products that are more high-tech, safer, consume less electricity and look classier.

But this technology is not too complicated either. Aviation Plant can develop this air humidifier in a short time, it means that other factories can also do the same. The factories that produce imitation fans and humidifiers are mostly state-owned enterprises. They do not have a branding concept, and if you can produce this product, they will also produce the same. Even the design will be the same. Some are shy enough to print the Wind and Rain logo on their products!

No one can do anything to these factories because they are protected by the local government. These factories were not afraid of being caught, and if they were really caught, the most they would do was remove the logo. The design will remain the same.

No one can do anything to these factories because they are protected by the local government. These factories were not afraid of being caught, and if they were really caught, the most they would do was remove the logo. The design will remain the same.

When Feng Yu first found out about this, he was frustrated but could not do anything about it. The problem of counterfeiting existed even in his previous life. Although copyright laws in his past life were adequate, it still did not deter people from making counterfeit goods because the profits were huge.

Factories can quickly understand the technology behind by buying some finished products, unpacking and reverse engineering them. This will save R&D cost, and total cost will be lowered. Once the cost is reduced, it can be sold at a cheaper price for similar products.

But all of this is in the past. This time, Feng Yu would not let these factories imitate his humidifier. He's gonna file a patent application!

To file a patent in China was very troublesome in that era. It will take at least 6 months, and if it is implemented by an individual, it may take 3 to 5 years for approval.

Fortunately the Aviation Factory and Motor Factory used to be military factories, and even though they repented, they still had connections. Feng Yu made use of their relationship, coupled with Zhang Ruiqiang's help, and called his own contacts to ask the Patent Office to speed up his application. Approval is expected to be ready in 1 month.

Patent issues for China are considered to have been resolved. Feng Yu now had to apply for a patent overseas. This, Feng Yu could only ask Fu Guangzheng for help. Applying for European and U. S. patents from Hong Kong is easier and faster than China.

Patent issues for China are considered to have been resolved. Feng Yu now had to apply for a patent overseas. This, Feng Yu could only ask Fu Guangzheng for help. Applying for European and U. S. patents from Hong Kong is easier and faster than China.

Also, Feng Yu needed to set up a sales office for overseas markets, and it was much easier to set up an office in Hong Kong. Of course, Feng Yu would not let Fu Guangzheng help him for free, and he had to share some of the profits with him.

After receiving a phone call from Feng Yu, Fu Guangzheng flew to Bing City. It was almost the end of winter and this time, Fu Guangzheng was not as cold as the last time.

“We both will establish company in Hong Kong, and sales for overseas market will be handled by this company. How do we divide the profits? ”Fu Guangzheng asked Feng Yu.

Fu Guangzheng knew about the humidifiers and humidifiers also sold in the South. However, sales of air humidifiers are not fantastic in the south. But Fu Guangzheng was the same as Feng Yu. He knew that there would be a market for this humidifier in the northern hemisphere because the environment was drier there and there were more inland cities. This business will not fail!

Feng Yu smilingly asked: "How much does Fu Fu want?"

“Although there is no proper sales distribution channel, my family owns it. My family's sales channel covers the entire Southeast Asia, and we have partners in Europe and the US. We can guarantee that we can cover the whole of Europe and the US in a short time. You should know the importance of distribution channels so I won't talk much about this. I want 40%. '' Fu Guangzheng stretched out his hand and raised 4 fingers.

“Although there is no proper sales distribution channel, my family owns it. My family's sales channel covers the entire Southeast Asia, and we have partners in Europe and the US. We can guarantee that we can cover the whole of Europe and the US in a short time. You should know the importance of distribution channels so I won't talk much about this. I want 40%. '' Fu Guangzheng stretched out his hand and raised 4 fingers.

Shit, very high? Feng Yu wanted to give him only 20%, but he knew what Fu Guangzheng said was true. The Fu family was a big family. Although Fu Guangzheng was not very capable and Fu Rongjing's company was not very big, but the head of the Fu family's company was big.

IF Feng Yu had to sell his own humidifier, he could make 10 million USD in a year. But if he let the Fu family sell this humidifier, he would earn at least 30 million USD in a year! They were more professional and were able to control the market better than Feng Yu.

Feng Yu hesitated for a while and said: "Brother Fu, 40% is rather high. I admit that the Fu family has the ability, but other families in Hong Kong also have the same ability. Furthermore, I have a patent, and this is a constant flow of profit. 30% profit. The earlier you agree, the earlier we can make money. This will also help your status in the Fu family, right? ”

Fu Guangzheng looked at Feng Yu. He felt that Feng Yu knew a lot about his family. Could it be that there was someone strong behind Feng Yu, just like his father had said?

He was quite satisfied with the 30% profit%. Feng Yu was right. With this company, his status within the Fu family would rise on par with his elder brother or even surpass him.

He agreed to this term!