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Published at 1st of September 2019 05:25:04 AM
Chapter 661: 661
“Old Li, do you think we should buy shopping cards for the Mid-autumn Festival and National Day holidays? Do our company have spare cash?”

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“it’s fine . But the cities where our factories are in do not have Tai Hua Supermarkets . The workers will not be able to use those cards . ” Li Mingde replied .

“You can decide about this by yourself . Anyway, I heard that our workers are unhappy about getting the usual items . Oh, you can also give the workers shopping vouchers from other shopping malls . But don’t worry . By next year, those cities where our factories are located will have Tai Hua Supermarkets . I will let the person in charge of Bing City speak to you . You can also recommend him to other companies . ”

Feng Yu would definitely support this shopping cards . All his companies will be giving our holiday gifts to the workers, and Feng Yu wants them to replace the gifts with shopping cards . His main priority now was to raise cash for Tai Hua Supermarket . This way, Tai Hua Supermarket can get a higher loan amount at the end of the year .

In this era, to get a bank loan, connections, and the cash flow for the past 3 months were required .

Now, Fu Guangzheng and the rest were scouting for suitable locations again . Once again, Feng Yu had nothing to do . He only needs to sit in the Beijing Headquarters . But if there were any issues at Tai Hua Supermarket, he will have to settle it .

A Deputy General Manager knew Feng Yu had a lot of companies and approached him to ask him to buy or reserve some shopping cards . As long as the money enters the accounts, then the banks will take note of it . This will also set an example to other companies and increase the sales of shopping cards .

Feng Yu agreed . All this while, his workers had been receiving excellent benefits and welfare . It might not be the best in China, but it should be one of the top few companies . Feng Yu also realized one problem . His companies were too scattered around China . It was still okay for the factories in the outskirts of the cities . But what about the factory in Guancheng? How are the workers going to use Tai Hua Supermarket shopping card?

Ride a train to Shenzhen or Guangzhou to visit Tai Hua Supermarket and then ride a train back?

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But Fu Guanzheng had started sourcing for a suitable location in Guancheng . He believes that the population of Guancheng will increase and will become a top industrial city in the future .

Factory workers’ lives were tough, and most of them were thrifty . They like to save money by getting cheap items . They do not mind traveling a long distance to buy items only to save 10 or 20 cents .

Feng Yu continued to make phone calls .

“Manager Liu, I am Feng Yu . Are you in Beijing? I want to ask you something . Does Lenovo give out gifts for the staffs during mid-autumn and National Day holidays?”

“Ah…… We give out mooncakes and fruits during the mid-autumn festival and some groceries for the national day holidays . We also give out cash sometimes . ” Liu Chuanzhi replied . He wonders why Feng Yu was asking him about this .


“Mooncakes? Do you like to eat?” Feng Yu asked .

“It’s not about whether if I like it . It is a tradition . We must eat mooncakes during the mid-autumn festival and rice dumplings during the Dragon Boat Festival . ”


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“What I mean is, do you think if cash or Tai Hua Shopping cards is a better gift? The workers can go and get mooncakes themselves . I have seen last month’s financial report . Our company is doing well . We must treat our staffs better . ”

“Manager Feng, I know you have shares in Tai Hua Supermarket . You want to sell your shopping cards, just say so . There is no need to beat around the bush . I will discuss with the rest and will buy a batch of shopping cards . Oh, you are in Beijing now? If you are free, can you make a trip to the company? I need to discuss something with you . ”

“Ok . I do not have lessons this afternoon . I can go to the company . ”

……

This was not the first time Feng Yu went to Beijing Lenovo . He does not like to come to the place . Liu Chuanzhi was too stingy . He did not even allocate an office for Feng Yu here!

Fine . Feng Yu also do not work there . He did not even attend the monthly meetings . He had only been to Beijing Lenovo once to look at the annual financial report in the meeting room . He left immediately after that . Most of the staffs there do not even know Feng Yu was the biggest shareholder of the company . They thought he was just Liu Chuanzhi’s relative .

Feng Yu arrived at Beijing Lenovo . The receptionist brought this “Mr . Feng” to the meeting room and left after pouring a cup of tea . If she knew this “Mr . Feng” was the company’s biggest shareholder, she would not show this attitude .

“Manager Feng, you are here . Do you have spare money now?” Liu Chuanzhi entered the room and asked .


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Feng Yu looked at Liu Chuanzhi curiously: “What’s wrong? The company is short of cash? But I saw last month’s report . It is doing well . Is there someone selling off his shares? How much? I will buy it . ”

Feng Yu will surely buy Lenovo shares if anyone sells it . Lenovo PC business was getting better, and after Win95 is introduced next year, PC will be easier to use . That’s the time when PC became popular all over the world . All government agencies, banks, companies, etc . will be purchasing PCs in large quantity . That’s the opportunity for Lenovo to take over the Chinese PC market .

Also, Lenovo PCs were equipped with optical drives much earlier than Feng Yu’s previous life . It was not an ordinary CD drive . Lenovo PCs were fitted with VCD drives . With just this feature, Lenovo PCs will be selling like hotcakes .

This was the time for Lenovo to shine . Why would anyone choose to sell their shares now?

“It is not anyone selling their shares . It is some entrepreneurs who want to set up a non-government bank . One of them is my friend . He asked me to contact you . He wants you to join them . Are you interested?”

Set up a bank? Damn! These people were crazy .

But Feng Yu suddenly remember that in his previous life, there was a non-government bank set up in China . Could this be that bank?

“I am interested . But can you let me know who the ones are in this partnership? Also, can they get all the approvals, and will the higher-ups agree?”

“The Central Government supported this . If not, I will also not ask you . The ones who suggested this are well known in the business circle . They are New Hope Group’s Liu Yonghao, Oceanwide Holdings’ Lu Zhiqiang, China Life Insurance Company, Giant Interactive Group’s Shi Dazhu and a few more . All the companies and people involved are reputable . ” Liu Chuanzhi explained .

“Then how did they know about me?”

Feng Yu was also curious . He had not met most of these people mentioned by Liu Chuanzhi before . The only person he met once was Shi Dazhu, but they did not even speak to each other .

“Actually, it is Lu Zhiqiang and Liu Yonghao who approached me . They want to invite Lenovo to join them and let us take care of the bank’s software and systems . But this is a crucial time for Lenovo . All our funds have been invested back into the company, and we do not have spare funds to invest in the bank . But I think this is a good opportunity . So, I recommended you to them . I think in terms of finances, you should be one of the richest among them . ”

Liu Chuanzhi had been guessing how much money Feng Yu has . Although he did not have any figure in mind, he knew Feng Yu was the third biggest shareholder of Microsoft .

Feng Yu also owns factories and companies all over China . He should have lots of connections . If Feng Yu joined this venture, then the bank should be able to develop smoothly . This was the reason why Liu Chuanzhi called Feng Yu over to tell him .

“What will be the name of this bank?”

“China Minsheng Bank!”

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