Chapter 195 - A major event
The new factory was officially names as Tai Hua Electrical Appliances Factory, and it was located in the famous Guangcheng. This location was not picked by Feng Yu. It was selected by Fu Guangzheng.
The market was redecided. From the provinces south of Changjiang, including the humidifiers due for exportation will get its products from this factory. The bladeless fan’s market was more significant. From the south of Yellow River and including the exportation markets.
When the dealers heard of this news, they were overjoyed. This way, they could save a lot on transportation and time. It was also easier for them to get the goods.
The Fu family was also glad. The transportation cost was lowered, and their profits increased. Although Feng Yu rejected the rest of the Fu family to invest in this new factory, Fu Guangzheng had a 20% stake.
Fu Guangzheng also expressed that he would be on Feng Yu’s side and would support Feng Yu in all matters at the Machinery Company.
Feng Yu and Hou Haitao’s secret plot to buy over the Machinery Company’s shares in future was a secret to Li Mingde. But the Fu family had noticed this plot a long time ago.
Anyway, Fu Guangzheng would never sell the Machinery Company’s shares. Those shares were like a money tree now, and the profits from these shares made up the majority of his income. The only possible way for him to let go of the shares was if Feng Yu exchange the New Factory’s share for the Machinery Company’s shares.
Feng Yu was not worried about the productivity of this new factory. He was the factory director in name, and Fu Guangzheng was the Deputy Factory Director. Almost everything at the factory was handled by Fu Guangzheng. At first, Feng Yu wanted to send someone from Tai Hua Trading over, but he considered the differences in languages and managerial abilities, Tai Hua Trading did not have anyone that was suitable to go over. In the end, he let Fu Guangzheng handle everything.
Fu Guangzheng also does not know how to manage a factory, but the Fu Family had lots of capable staffs. Anyway, the factory was in Guangdong, and it was easy for them to get the managerial staff from Hong Kong over.
With all these settled, Feng Yu could take a break for a few days. At the same time, he could accompany his sister at home. She was 7 months pregnant, and the Li family did not allow her to go to work. They do not lack money, and the safety of her unborn child was more important.
Li Shiqiang’s parents need to work, and Li Shiqiang was also busy with his logistics company. Feng Yu was the only person available to look after his sister in the daytime.
Feng Yu was sitting on the sofa watching TV. He was eating a big apple which was bought by his brother-in-law for his sister. There was a stack of orange peels and groundnuts shells on the coffee table.
“Sis, your mother-in-law is coming back. You go to the sofa and watch TV.” Feng Yu shouted to his sister who was busy in the kitchen.
His sister was not someone who could sit still, and she also does not like to watch TV. Feng Yu was the one who was sitting in front of the TV the whole day and helping her to finish up all the fruits. Feng Yu was so full from the fruits, and he ended up eating only half a bun for dinners these few days. Li Shiqiang’s mother still thought that he was sick.
The both of them exchange places, and when Feng Yu was finishing up the chores in the kitchen by cutting some spring onions, Li Shiqiang’s mother returned.
She saw Feng Yu in the kitchen busily preparing dinner, she hurriedly said: “Xiao Yu, go and rest. I will do the cooking.”
The kids from the Feng Yu were obedient. Her daughter-in-law was clean, virtuous, filial piety, hardworking and knows how to take care of people. Feng Yu was also sensible and was like a genius when it comes to making money. He also knows how to take care of his sister. Every time comes over, Feng Yu would be doing some household chores for his sister.
The brother and sister pair looked at each other and smiled. Feng Danying stood up and went to the kitchen to help her mother-in-law. Naturally, she was chased out of the kitchen. She also knew that her mother-in-law would not let her help, but Feng Yu told her to act it out. This way, the smart and hardworking daughter-in-law does not need to do anything, and yet the mother-in-law would still feel that she was hardworking. The attitude was the most important.
That evening, Feng Yu and his sister did not eat much. After dinner, Feng Yu returned back to his apartment next door to plan his investment directions based on his memories of the major events.
The telephone on the table rang, and Feng Yu answered. In this era, there were no handphones, and even the phone does not have caller ID. Feng Yu was not accustomed to these. Luckily for him, there were very few sales calls and phone scam.
“Xiao Yu, something major happened!”
Eh? Feng Yu sat up straight. It was his father that called him. Could it be something terrible had happened at home, or something happened at the food processing factory?
“Dad, calm down. What happened?”
“Watch the news. Hurry! There is a newsflash now!”
Newsflash? A national event?
Feng Yu switched on the TV, and the news was being reported on the TV.
“Lithuania had declared that it had left the Soviet Union. The Soviet Union’s President Mr. Mikhail Gorbachev does not recognize this, and both countries were having talks now……”
Lithuania had left the Soviet Union earlier?
Feng Yu was surprised. This had nothing to do with him. His trade with the Soviet Union should not affect these major events.
What worried Feng Yu the most was that the purchase of the ultra-high powered electric furnace was not finalized yet. If the Lithuanian Factory Director were removed from his position at the factory, then this deal would be called off.
If Feng Yu could not get his hands on the furnace, then Hou Haitao would be jumping in anger. His cooperation with the Motor Factory and the Aviation Factory would be in jeopardy, and the Aviation Factory would not sell him the Machinery Company’s shares.
Without this furnace to control the Aviation Factory, Feng Yu was not sure what Hao Haitao would do. The new factory would lower the earnings of the motor Factory and the Aviation Factory considerably. If Hao Haitao got mad and went after Feng Yu, Feng Yu would be in big trouble!
The Aviation Factory can even ignore the Provincial Government orders, and Feng Yu strongest backings were only the City Government. This time, he might be in deep **.
“Xiao Yu, Xiao Yu, are you listening?” The anxious voice of his father was heard over the phone.
“Ah, I am watching the news.”
“Xiao Yu, is the Soviet Union really going to be dissolved? Why is that country declaring independence?”
“Dad, don’t worry about this. Let me call my partner in the Soviet Union. We will continue this discussion when I return home.”
Actually, Feng Xingtai was worried for nothing. The disintegration of the Soviet Union would affect China’s economy to a certain extent but the effects were not that severe, and Tai Hua Food Processing Factory and Tian Peng Pig Farm would not be affected.
After hanging up the call with his father, Feng Yu was thinking of how to talk to Kirilenko. While he was thinking, the phone rang again.
“Feng, is that you?” This call was from Kirilenko, and he was speaking in an anxious voice. He had also just found out that Lithuania was leaving the Soviet Union. It was as what Feng Yu had said.
The other party called him, and this was a great difference from Feng Yu calling him.
Feng Yu who was still worried just now, speaks calmly and slowly: “Brother Ki? Are you calling me to tell me that you had bought the furnace?”
“Feng, we can talk about the furnace later. Do you know that Lithuania had just announced that she is leaving the Soviet Union?”
Feng Yu casually says: “Really? I had told you about this before. Now you believe me?”