Extraordinary Genius

Extraordinary Genius Chapter 737 – Beidacang Group was set up

Please support me by using on

Support and tips welcome on or !

Afterthis drinking session, Li Na’s father impression of Feng Yu changed. Someonehad said that drinking would bring two men closer. It seems to be true.

The nextday, Li Na’s father woke up with a bad headache. Feng Yu was feeling muchbetter than him. It was not because Feng Yu was younger. It was because Feng Yuhad secretly eaten Bing City Pharmaceutical latest medicine…… Anti-hangoverpills!

Yesterday,Feng Yu was drunk and spent the night at Li Na’s home. Li Na’s house only hastwo bedrooms, and Feng Yu slept with Li Na in her room. Although they did notdo anything that night, Feng Yu was very excited when he woke up. This time, LiNa’s father cannot object to their relationship anymore. He had already sleptin his precious daughter’s bed!

Maybethis was the reason why Li Na’s father changed his att.i.tude towards Feng Yu.

Feng Yuspe…

Extraordinary Genius

Chapter 737 – Beidacang Group was set up

Support and tips welcome on or

!

Afterthis drinking session, Li Na’s father impression of Feng Yu changed. Someonehad said that drinking would bring two men closer. It seems to be true.

The nextday, Li Na’s father woke up with a bad headache. Feng Yu was feeling muchbetter than him. It was not because Feng Yu was younger. It was because Feng Yuhad secretly eaten Bing City Pharmaceutical latest medicine…… Anti-hangoverpills!

Yesterday,Feng Yu was drunk and spent the night at Li Na’s home. Li Na’s house only hastwo bedrooms, and Feng Yu slept with Li Na in her room. Although they did notdo anything that night, Feng Yu was very excited when he woke up. This time, LiNa’s father cannot object to their relationship anymore. He had already sleptin his precious daughter’s bed!

Maybethis was the reason why Li Na’s father changed his att.i.tude towards Feng Yu.

Feng Yuspent the day at the village and visited Tian Peng Farm and the Food factory,before returning to Bing City. But tonight, he got to sleep alone as Li Na didnot return with him.

d.a.m.n! Ihave a girlfriend by I still got to sleep alone…….

……

ZhangRuiqiang alighted from the train and looked very tired. But he was feeling veryexcited.

He hadgone to Beijing Central Government with his leader to visit the variousdepartments.

Theproposal had been revised and improved several rounds by the ProvincialGovernment before submitting to the higher-ups. Their higher-ups read the planand reported to Iron-fist Zhu. After Iron-Fist Zhu read the report, he summonedXu Changyou and Zhang Ruiqiang to his office to ask about this proposal.

Luckily,Xu Changyou and Zhang Ruiqiang were involved in the revision of this proposaland were familiar with the details. They were able to answer Iron-fist Zhu’squestions.

Iron-fistZhu was pleased with this plan. He was also very interested in some of thethings mentioned in the proposal.

Agriculturehad always been one of China’s most vital industry, supported by thegovernment. The Government had always wanted to revamp and develop this industrybut could not find any good way to do it.

This proposal had stated how the company wouldincrease the value of the agriculture products and export their products out oftheir province and even to overseas.

Thesewere what Iron-fist Zhu and the Government wanted. Exportation is crucial toChina’s rising economy.

XuChangyou was 61 years old. Based on the current regulations, at Xu Changyou’srank, he should retire at 63. The government’s plan for him was to transfer himto a relaxing position or enter the Central Government to spend his remainingdays in the government before his retirement.

But itseems that Xu Changyou does not want to retire. He was still burning withpa.s.sion!

Manypeople had wanted younger officials to take on essential roles in thegovernment. Iron-fist Zhu was also supportive of this idea. But he realizesthat these old officials still have lots to offer.

Thisproposal for Beidacang Group was well written. Xu Changyou, who suggested thisplan, was a competent person.

Since XuChangyou was the one who came up with this plan and wanted to be the firstChairman of this company, then he cannot be transferred away after this companywas set up.

LongjiangProvince’s head cannot be changed for the next two years. Xu Changyou had alsomade significant contributions in the past. Iron-fist Zhu decided to let himremain in this position until he retires.

WhenIron-fist Zhu asked Xu Changyou if he wanted to remain in his current positionuntil his retirement, Xu Changyou agreed without any hesitation.

FromIron-fist Zhu’s words, Xu Changyou knew that he will not be promoted. But to beable to keep his current position was enough for him.

Also, XuChangyou was full of hopes for this Beidacang Group. He really wanted to see thiscompany grow.

If thiscompany could grow strong and significant, it would be the perfect ending to XuChangyou’s career. He could proudly tell everyone what he had done forLongjiang Province and China after he had retired!

With Iron-fist Zhu’s support, this proposalwas discussed during the General Office of the State Council meeting. XuChangyou and Zhang Ruiqiang had the opportunity to join the meeting to answerall the queries.

XuChangyou knew a lot of people at the meeting. After all, he was also ahigh-ranking official. He had worked with many of the people at the meeting.But Zhang Ruiqiang was a new face for them. Many leaders had a good impressionof Zhang Ruiqiang. They felt he was capable.

WhenZhang Ruiqiang was explaining the proposal to all the leaders at the meeting,there was one person who was unhappy with this proposal. It was a leader fromthe Ministry of Agriculture.

Thisleader from the Ministry of Agriculture realized that even if the Ministry of.a.griculture was able to own some of the company’s shares, but most of theprofits will be taken away by the company.

XuChangyou had announced that there will be dividends in the future, and hepromised the dividends will be higher than what the Ministry of Agriculturepast income. But that leader still felt this was not right.

Statefarms should be the most crucial factor in this company. The Ministry of.a.griculture should be the one leading this company. If Longjiang ProvincialGovernment were to set up this Beidacang Group, then the Ministry of.a.griculture would lose their authority over the farms.

Thiscompany had high potential, and most of their future earnings will go intoLongjiang Provincial Government’s pockets. Xu Changyou made it sound like theMinistry of Agriculture was taking advantage of them. This was too much. XuChangyou had given them too little shares. You all should not get the majorityof the shares just because you all came up with this idea!

The otherleaders have no objections. After all, the setup of this company did not affectthem much. Also, when Iron-fist Zhu speaks earlier, he sounded supportive ofthis proposal. The other leaders also felt this Beidacang Group seemspromising. They could not find any reason to object.

Most of thosewho disagree with this proposal was also keeping quiet because someone hadraised objections before them.

ZhangRuiqiang started to handle all the objections and explained the importance ofthis company to Longjiang Province. He was trying to say that they were theones who came up with this idea and should be the ones who implement it. Youall have no right to take over this project from us.

Afterseveral rounds of discussions, Iron-fist Zhu concluded and announced LongjiangProvincial Government will lead in this Beidacang Group project. The CentralGovernment will also help this company by offering special subsidies and 1billion RMB.

Theamount given by the Central Government was far from the 10 billion startupcapital stated in the proposal. Longjiang Provincial Government will raise 5billion themselves and then get a 1.5 billion loan from the bank. It should beenough to set up the company. If the company lacks funds in the future, theycould continue to get loans from the banks or from the Central Government.

……

After 2months of visiting various departments and ministries, the approval was finallygranted, and the Ministry of Finance released the funds. Xu Changyou remainedin Beijing to ask for more subsidies, and Zhang Ruiqiang returned to Bing Cityfirst.

3 dayslater, Beidacang Group was registered and starts operation!

Translator’s notes:

General Office of the State Council

Advance chapters