Chapter 694 – A wealthy fool Part 1 of 2
Feng Yu returned back to Beijing after he settled all the investments, as he got to take his exams. He does not need to worry about his investments because the Fu Family will help him monitor the market. When the price was right, everyone will dump their shares.
Many Hong Kong influential families were cooperating together to make money from the US stock market. Their targets were those Japanese companies, and this was Feng Yu’s idea.
Feng Yu wanted to see how powerful these families were when they combine forces. He also wants to see if these families were willing to put down their grudges against each other for profits. He does not want any of these families to create problems during Hong Kong’s return to China in another 2 years.
From the current situation, everything seems fine. Maybe it was because of the Fu Family, or the Li Family were participating in this operation. Or maybe, everyone was interested in making money and were in a good mood. Overall, everything was going as planned.
Now, Feng Yu have a new target. He was going to do something big!
……
Victor, the person-in-charge of Pfizer’s China operations, was in a new villa district in Lian Gang. He was waiting for a big boss. Someone who has a significant influence in China. A big boss with strong financial backing.
Victor had heard of this big boss, but he has not met him before. He heard that this big boss was very low profile and had never appeared on TV or have any pictures published on the papers. There were rumors that a picture of this person had appeared on a few Hong Kong magazines, but it might not be accurate.
Pfizer had entered China for quite some time. From the start of the eighties, Pfizer had started to sell their medicines in China. Around the end of the eighties, they set up a modern pharmaceutical factory in China, Lian Gang. This was also Pfizer’s headquarters in China.
Two years later, Pfizer will set up another factory in Suzhou. This new factory produces nutritional type medications.
After the health supplement products were suppressed for the past two years, nutritional type medications were selling well. Pfizer’s “imported” nutritional medicines were also selling well. Victor heard that this big boss was the person behind all these.
Someone who could influence the whole nation. Even Pfizer could not do this! There were rumors that in China, there were many ‘Red families’. This person might be from one of the families?
When Victor was getting impatient from waiting, he saw a few cars approaching his villa. These were the best cars in China. Songjiang cars. But one of the vehicles in the center was a model not seen before in China.
The cars stopped, and dozens of men in black suit alighted from the vehicles in front and back. They looked at the surroundings, and one of them took out a walkie talkie and shouted: “Safe!”
The driver of the car in the center alighted and ran to open the passenger door. He used his hand to block the roof of the car, and a leg stretched out of the vehicle. The leather shoes were polished shiny.
This person’s dressing was really like a big boss. There was not a single crease on his pants.
But when Victor saw that person’s face, he was stunned. How come this person was so young? Should this big boss be an old man? Even if he was young, he should also be middle-aged. This person who alighted from the center car, surrounded by bodyguards, seems to be around 20 years old.
A bodyguard standing behind Feng Yu helped him put on a long coat, and Feng Yu slowly walk towards Victor.
Victor immediately walks towards Feng Yu and reach out with both hands. He was afraid that if he was slow in approaching him, Feng Yu might find him rude. He had heard that the Chinese speak a lot about “face” and all successful businessmen in China wanted “face.” But this was only an ordinary meeting for the first time, was there a need for this extravagance appearance?
Victor had also heard that this villa area belongs to this big boss. In the US, it was normal for wealthy people to buy villas. But he had never seen anyone buying the entire villa area. The whole villa area was bigger than any estate owned by many tycoons.
This type of people must be given enough respect. This was what Victor learned during his years in China. If he gave the other party “face,,” then they will be able to get along well, and negotiations will be smoother.
“Hi, Mr. Feng. I’m Victor.” Victor said with his weird accented mandarin.
“Mr. Victor. Nice to meet you. It’s so cold. You do not need to receive me outside. Let’s go in first.” Feng Yu laughed and replied in mandarin.
Yes. Feng Yu’s identity now was someone who does not understand English.
Seeing Feng Yu speaking politely to him, Victor was relieved. This person should be easy to get along.
“Mr. Feng, I heard that you asked me here is to discuss a business deal?” After entering the villa, Victor asked. Mr. Feng’s staff had contacted him and said that Mr. Feng was interested in discussing a business deal with him. If he could represent Pfizer and clinched this deal, he might be able to be transferred back to the US and do not need to stay so far away from home.
The current living standard in China was far behind the US. Furthermore, Victor’s family was still in the US, and he really misses his wife and children.
Feng Yu raised his brows and said: “That’s right. I do have a business deal to discuss with you. It should be a business deal for Pfizer.”
Victor was excited when he heard what Feng Yu said. If this deal was with Pfizer, that means it should be a deal that’s worth a lot. He could tell Feng Yu was someone with strong influence and power from the way he speaks and acts.
“What is this deal? Are you thinking of setting up a joint venture pharmaceutical factory with us?” Pfizer had already set up their factory in China, and they need to set up their distribution channels for their products. Feng Yu should know that consigning Pfizer products was impossible, and the discussion should about setting up a joint venture factory.
There were many businessmen in China, who were wealthy, but do not have the technology. Most of them like to invest in joint-venture with foreign firms. Many businessmen had approached Victor before but were all rejected. It was because those businessmen were not powerful enough. Pfizer will not work with ordinary businessmen. If they were to look for a business partner, the partner must be China’s most prominent company!
From what Victor found out, this Feng Yu was the most powerful businessman he had met and fit the requirements set by his company’s headquarters. It would be best if Feng Yu still have some political backings.
Feng Yu shook his head. “Joint venture factory? I am not interested in that. I have my own pharmaceutical factory, and it is the biggest in China. I do not lack money, and there is no need for me to set up joint ventures with others.”
Victor’s eyes widened. This person owns the biggest pharmaceutical factory in China? Shanghai Pharmaceutical or Bing City Pharmaceutical Enterprise?
“Mr. Feng, your factory is?”
“Bing City Pharmaceutical. I acquired and restructured this factory last year. This sale is still doing well now. Our products are also exported to western countries. We will surely be number one in China’s pharmaceutical industry soon.” Feng Yu replied with a proud look.
“Since Mr. Feng is not interested in setting up a joint venture factory with us, then what are we cooperating?” Victor could not hide his disappointment on his face. What else could they discuss other than joint venture?
“I did not say we are going to cooperate. I only want to ask about the Pfizer’s patented medicine formula. I heard that Pfizer have the patents to a lot of medicine. Can you sell us some? I am willing to pay a high price for it!” Feng Yu said and waved his hand. He was trying to show he was rich.
What? This Mr. Feng wanted to buy Pfizer’s patents?