The Rebirth of a Genius
Chapter 98

Everything was going as Feng Yu expected. Li Mingde was eager to sell the shares but dared not let Fu Guangzheng look at their financial statements.

Fu Guangzheng had studied the situation and had a discussion with his father. They are willing to accept some losses for now. If the company continues to grow, it can regain its investment within 2 years and enjoy its profits for at least the next 10 years.

Also, he would be closer to Feng Yu. Fu Rongjing and Fu Guangzheng looked seriously at their relationship with Feng Yu. Fu Guangzheng deliberately acted like he was taking the bait, and invested 20 million RMB for a 16% stake in the company. He is now the second largest shareholder in the company.

This was not something that Feng Yu had expected. He did not expect Fu Guangzheng to invest so much and the City Government would give him so many shares.

But taking a closer look, City did not suffer any losses. Whether it was Fu Guangzheng's investment or Feng Yu's purchase of the company using technology, their shareholding ratio was lowered. On the other hand, the City Government has obtained advanced technology and funds of 20 million RMB without going out a single cent.

According to experts at City, even with 74% shareholding, the profits of the City Government would more than double compared to previous years. Also, the Government is still a major shareholder, and the company still has to pay taxes. Expansion of the plant will also create more jobs. This is a big offer for the City Government!

Fu Guangzheng had used all his money for this investment. His father had given him 10 million Hong Kong Dollars, and his mother also helped him raise money. If not for their help, he might not even have enough money to pay for the used car.

Now, the plant's current assets have more than 30 million RMB. 2 Years later, Feng Yu intends to do business selling advanced equipment and technology of the Soviet Union. He had revealed some of this information to the Motor Factory and Fei Factory. He was waiting for them to contact him.

Once the order comes in, then he will be able to work with Kirilenko to make another profit. In addition, it will be able to raise China's technology standards and also leave a good impression on the leaders.

As for now, Feng Yu would help his father manage the food processing plant. Now, Tai Hua Premium Cooking Oil is very popular in Longjiang province. There were even some questions from the Lin Province.

Sales are stable. Meanwhile, the production is a little more than sales. Still no need to import new production machines. After the New Year, the value of Soviet engines will drop even further! This type of technology and machine will be available.

Sugar is produced because of animal feed. Feng Yu did not expect to earn much money from producing sugar. Feng Yu felt that the most profitable was animal feed, more specifically, pig feed.

China's population and income are rising rapidly. However, the supply of daily necessities, especially agricultural byproducts, is still unable to meet demand. This is because the focus of the country over the past few years has been industrial development.

China's population and income are rising rapidly. However, the supply of daily necessities, especially agricultural byproducts, is still unable to meet demand. This is because the focus of the country over the past few years has been industrial development.

Although the situation was not as severe as the Soviet Union, due to its focus on industrial development, the government somehow ignored the development of the agricultural industry.

Now, the number of farms is increasing, but there is not much focus on agricultural products. For example, the supply of pork is not enough to meet demand. People have money, but they can't buy pork! The sale of pork in cities is also not fresh pork.

Almost every household raises poultry, pigs, cows or sheep. They will slaughter them during the Lunar New Year. That is the reason why many say that living on a farm is better than living in a city!

Chicken and pig farms have no way to sell to people in the district because each household keeps their own animals. They do consider selling to cities, but it is not easy to set up distribution channels.

Feng Yu remembered that in his previous life, there was a ranking chart of the richest people in China. One of the few that makes it on the chart is in the pig feed business. In the 90s, her pig feed was sold all over China, and she profited from it.

Feng Yu remembered that in his previous life, there was a ranking chart of the richest people in China. One of the few that makes it on the chart is in the pig feed business. In the 90s, her pig feed was sold all over China, and she profited from it.

Feng Yu did not expect his father's small factory to be the best in China, but it was at least the best in Longjiang province or the best in the Northeast region.

Of course, the current target was to sell the sugar supply!

Feng Yu sat down with the leader of the Bing City Food Department to discuss the sale of Tai Hua Food Factory products in their shop.

"Chairman Zhou, you should know how popular our products are. Now we occupy 10% market share of Bing City, and this figure is still increasing. It should be 30% next year. I am sure if managed well, can reach above 50%. ”

Feng Yu was bluffing. With the current Tai Hua Factory production rate and to supply goods to various stores in the province, they barely occupy 10% of the Bing City market. Sales in other areas are growing, and supply cannot be stopped, or it will affect their profits. It is time for them to increase their brand equity!

But the popularity of Tai Hua Premium Cooking Oil poses a threat to the Food Department. They do not expect small soybean oil plants to capture a share of the market share. Most importantly, the Food Department was facing difficulties recently. Many people, including some leaders, asked them if the oil extracted using the washing process was safe to consume.

But the popularity of Tai Hua Premium Cooking Oil poses a threat to the Food Department. They do not expect small soybean oil plants to capture a share of the market share. Most importantly, the Food Department was facing difficulties recently. Many people, including some leaders, asked them if the oil extracted using the washing process was safe to consume.

It is now a market economy, and the government is allowing private factories to operate. The Food Department could not order Feng Yu to stop selling that oil or change his production method to a less productive method. Nor can they change the current washing process back to traditional methods. So, they found a way, to stop the cooperatives from selling this premium oil and selling it in their own stores. This idea was supported by the City Government.

However, the representative of the Tai Hua Factory was a teenager, and he was here to negotiate about this. At this age, shouldn't he be in school? Chief Zhou thought that it would be easy to handle a teenager, but he was wrong. This boy not only wanted the Food Department stores to sell sugar and still wanted the Food Department to help him promote sugar. How can the Food Department support products from small private factories instead of its own products?

But Feng Yu had said that if they did not agree with his condition, he would not let a food shop or cooperative sell his products. He would push his products into those small shops. After all, more and more small shops were popping up in the city. The number of these small shops is more than the shops of the Department of Food and cooperatives.

Chief Zhou was now in an awkward position. On one hand, he wanted the right to sell Tai Hua Premium Cooking Oil, and on the other, he did not want to agree to Feng Yu's harsh conditions. Negotiations have stopped.