Extraordinary Genius
Chapter 823 - Gift from heaven
Feng Yutold Citibank"s Chairman about Myers, and he was forced to resign. The resignationwas better than getting fired. At least he could get a job in another bank.
But Myerswas full of hatred and swore revenge on Feng Yu!
Aftergetting the loan, Feng Yu invested most of it into the stock market, mainly theshares of 2 companies, Yahoo and Microsoft. He also bought some shares ofinternet and technology companies. He had hired some brokers to look afterthese shares for him, and the brokers have to notify him once there is anynegative news about these companies.
Kirilenkoalso invested in these technology companies under Feng Yu"s advice. At the sametime, he asked his men to look out for potential companies in the US. He wantsto 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 theAmericans! 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 thecooperation." Lin Qishu called Feng Yu.
ManagerLi, Li Jingwei? He is in New York?
"Okay. Iwill wait for him in the Empire State Building."
"ManagerLi, Feng Yu says he will wait for you in the Empire State Building." Lin Qishulooked at Li Jingwei cautiously.
Lin Qishuknew Li Jingwei is an arrogant person. He did not even think much of Pepsi inthe past, and now, he must go and visit the other party. He will be in a weakerposition, and Lin Qishu was afraid he would get mad.
But LiJingwei did not get angry and even laughed: "Ok. I also want to revisit theEmpire State Building. When our US branch started operations, our office islocated there."
A Chineseman 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 topbeverage, Jianlibao, from scratch. Li Jingwei wanted to know how this young manbecome Microsoft"s director.
In frontof them, there were a few beverages. These were all Chinese beverages, andJianlibao and Lehaha products were among them.
"ManagerLi, what would you like? Pick yourself.
LiJingwei picked up Jianlibao without hesitation. As the General Manager ofJianlibao, how can he pick up another company"s drink during negotiations?
Feng Yuopened a can of Zhenzhen drink and made Li Jingwei frown. This Feng Yu isLehaha"s main shareholder. Why did he pick up another company"s drink?
"ManagerLi, you must understand your opponents to beat them. If you don"t drink othercompany"s products, how can you win in terms of taste?" Feng Yu said afterburping loudly.
"Theseshould be done by the R&D staff and not by me. Manager Feng, you preparedso many Chinese beverages here. What are you trying to tell me?" Li Jingweilooked 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 Yupurposely ask.
"Theseare the beverages you picked?" Li Jingwei looked at the beverages on the table.There are too many varieties.
LiJingwei does not mind setting up this beverage alliance, but Jianlibao must bethe star. Even if Feng Yu has more money than Jianlibao, the beverages must beranked according to their brand influence. Jianlibao is the top of all thesebeverages.
"Theseare 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 mustalso pick the members, right?"
Feng Yuhad already instructed Zhong Qingxian to check out those smaller brands. If hecan buy out those smaller brands, just acquire them. If not, forget it. It isalso not easy to promote those smaller brands and they might not even recoverthe marketing fees.
Feng Yuhad placed so many beverages on the table was to show Li Jianwei that he hadmade a thorough research of the Chinese drinks.
"ManagerFeng, I also know Zhong Qingxian. But I do not know the biggest shareholder ofLehaha is another person." Li Jingwei stared at Feng Yu as he said this.
Feng Yuthought to himself. You are still unaware of lots of things. I am not only thebiggest shareholder, but I also own more than 50% of the company!
Lastyear, Zhong Qingxian decided to stop the production of Lehaha childrensupplement drinks, and he falls out with another two shareholders over this. Itwas because Lehaha Children supplement had survived the health supplementcrisis and can still bring in lots of profits.
Lehaha"snew products, Eight treasures porridge and Qili Energy Drink, were not sellingwell and did not even have profits. The two shareholders were unhappy over thedecision to stop the production of a profit-making product for theseloss-making products. They quarreled with Zhong Qingxian over this.
In theend, those two shareholders decided to sell off their shares to set up theirown businesses. Upon hearing this, Zhong Qingxian immediately notify Feng Yuand both of them increased their shares of the company.
Feng Yuwas 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 ofmoney. Those two shareholders did not sell off all their shares and kept asmall amount.
Those twoshareholders 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"stop management were also issued with some shares to bond them together.
"ManagerLi, you also know Old Zhong? If I know I should have ask Old Zhong to speak toyou. Are you curious why Zhong Qingxian is still the one managing Lehaha? Verysimple. I am lazy to run the company."
Lazy torun?
LiJingwei"s eyes opened wide. What sort of reason is this? Just because you arelazy, you gave away your authority? But he remembered that Zhong Qingxian isone of the founders of Lehaha. Maybe they have some sort of agreement.
If that"sthe case, I should be able to still keep my authority in Jianlibao after heinvest in it.
LiJingwei put down the can of Jianlibao and looked at Feng Yu. "Manager Feng, areyou interested in investing in Jianlibao?"
Huh?Invest in Jianlibao?!
Feng Yuwas shocked. Li Jingwei is asking me to invest in Jianlibao? Jianlibao shouldnot lack money… What is he up to?
But nomatter what Li Jingwei was thinking, Feng Yu will surely agree. In the future,Jianlibao will fail because Li Jingwei fallout with the government. Butcurrently, Jianlibao is still very successful in penetrating the US market. Itis worth to invest.
This is a gift from heaven!