Chapter 301 – Flying kites (Part One)
Feng Yu was sitting quietly and did not disturb Zhong Qingxian. He was thinking about what Feng Yu had said.
Zhong Qingxian was in a dilemma. After a while, he stood up and asked Feng Yu to wait while he went for a smoke.
Feng Yu knew that Zhong Qingxian was going to call his two other partners to discuss his suggestions. His partners had gone to other provinces to look at locations for the new factories and were not at the company.
Zhong Qingxian returned 10 minutes later.
“Manager Feng, how much do you intend to invest?”
Feng Yu raised one finger: “10 million RMB for 9% shares. I believe with this price, you can answer to the other two shareholders.”
Although Lehaha was growing at a rapid speed, the market value of the company was only about 70 million RMB. 10 million RMB for 9% shares was considered a very high price.
Zhong Qingxian had just spoken to his partners, and he also received a call from his sales manager telling him that He Boquan from Guangdong, selling Lebai yogurt drinks, had started to enter the northern markets. If Lehaha hesitated any further, the market share would be occupied by Lebai yogurt!
Zhong Qingxian was a decisive person, and he convinced his partners with this piece of information. Those two partners also trusted Zhong Qingxian. After all, since the time Feng Yu invested in their company, they had gotten more returns than they had expected.
“Manager Feng, do you have any suggestions for our company’s development?”
Feng Yu was laughing in his heart. Zhong Qingxian was asking him for suggestions or trying to see if Feng Yu intends to interfere with the company’s operations.
“I do not have any suggestions. I only think that the tea beverages market has great potential. If we start the product development and build the factory now, we will not be in time for this year’s summer. We can introduce our products to the market next summer. Mr. Zhong is more experienced in this field and thinks that the children dairy products will also do well. These are all the company’s operation matters, and you can decide everything. Of course, if Mr. Zhong trusts me, I can help the company to import some second-hand bottling production lines from the Soviet Union. No matter if is it plastic bottles or cans, I can get it cheap.”
Zhong Qingxian was relieved. Seem like Feng Yu does not want to interfere with the company’s operations. He can rest assured.
“That’s great. I will see what types of machinery we need and will order from you.”
There were no canning and bottling production lines in China, and these machines need to be imported. There were very expensive. If they can get second-hand machines, it will lower their cost by a lot. This will also be good for the company. As for the raw materials, Zhong Qingxian believes that with the company’s reputation now, they can have a longer credit term.
Now, it will be possible to build 3 factories at once and start to produce the health supplement drinks, dairy products, and tea beverages.
The next day, the other two partners returned to Hangzhou. The four of them discussed for a while, and that afternoon, Feng Yu signed the agreement with them.
……
Feng Yu finally finished all of his tasks. The money he earned from the stock market was all spent, and he can finally rest for a few days.
Back at Bing City, Feng Yu went back to his school. He had skipped school for a while, and he misses it.
It was almost the final exams. All the year 3 students were preparing for the exams and the school had instructed the year 1 and 2 students to keep their volumes down. They were not allowed to disturb the year 3 students.
When Feng Yu appeared in the classroom, the other students were shocked.
Feng Yu was at school. What was he here?
Feng Yu was the special one among the year 3 students. He was the one to be admitted to Beijing University without the need for entrance exams. The form teacher also allows Feng Yu to skip classes and if he wants to attend classes, he was not allowed to disturb others. He can join the year 1 and 2 physical education classes or go to the library. If he does wish to attend classes, he can go where ever he wants as long as he does not disturb the other students.
All this while, Feng Yu had followed his teacher’s last instructions. Not attending any classes.
The rest of the students were used to Feng Yu not attending classes. When Feng Yu suddenly appears, they were a bit not used to it. It felt that there was a newly transferred student in the class.
But the rest of the students looked at Feng Yu for a while and continued their revision. Only one person was not able to concentrate and kept looking at Feng Yu.
“Come, try this imported chocolate. It tastes good.” Feng Yu walked over to Li Na, ignoring the school bells.
Li Na rolled her eyes and said: “Class is starting. Hurry back to your seat.”
Feng Yu laughed and returned to his seat. He touched his desk and found that there was no dust on it. Someone had been cleaning his desk for him while he was away. It must be Li Na. She must be used to cleaning his desk and chair every day.
The teacher entered the classroom and saw Feng Yu. He was surprised. Why was Feng Yu here today? Could he be here because he misses the way I teach?
But after the teacher started the class, Feng Yu fell asleep on his desk.
The classroom was still a place that was good for sleeping.
The bell rang, signaling the end of class. Feng Yu woke up and rubbed his eyes. Li Na was in front of him smiling. The student sitting beside Feng Yu left, letting Li Na sit beside him.
“How come you are so busy for such a long time? Have you settled all your matters?”
“What’s there to worry about when I handle all these matters personally? Everything is settled, and I can accompany you in class. I will only be busy after the exams.”
During this period, Feng Yu noticed the importance of the management staffs. He will be attending university in Beijing soon, and he hoped that he would be able to recruit some good management staff for his company. There were a lot of future capable people from his university and the surrounding universities in Beijing.
But the ones he wanted to know, like Charles Zhang and Robin Li, were no longer in China. They were in the US to further their studies. But it was also a good thing for them to broaden their horizons and when Feng Yu graduated from university, he could help these people start their career.
By becoming an angel investor, Feng Yu can be friends with them and also, they will give Feng Yu lots of returns. In his past life, these people had sought foreign funds to invest in them, but this time, those foreign investors can move aside. Feng Yu will be the one that invests in these Chinese entrepreneurs.
Li Na smiled sweetly. She likes Feng Yu to accompany her, and she felt more confident with him around.
“Tomorrow is Sunday, and there is no school. I have checked the weather report and tomorrow there will be some winds. Why not we go to the river banks to fly kites? The teacher had said that one must rest once in a while for better grades. I had bought 2 big kites.”
Li Na hesitated for a while and nodded. She doesn’t mind what they do, as long as Feng Yu was with her.
Translator’s notes:
1) Charles Zhang, is a Chinese businessman, investor and the Founder, Chairman and current CEO of Sohu Inc.
2) Robin Li, is a Chinese Internet entrepreneur, co-founder of the search engine Baidu, and one of the richest people in China, with a net worth of US$18.5 billion as of October 2017.