Chapter 406 – Fast Acquisition
The next evening, Feng Yu walked out of Hangzhou airport and saw Director Sun waiting for him with a sign there.
“Director Sun, how come you are here in Hangzhou? I thought you are at Fenghua?”
“I am back to spend time with my wife and kids. Manager Feng, are you going to Fenghua tonight or tomorrow morning?”
Spend time with his family? It was apparent that Director Sun was here to pick him. This Director Sun was very thoughtful.
“I will go tomorrow. I need to find a hotel now.”
“I had helped you book a hotel room. Leave your luggage to me. Let’s have dinner first and then I will send you to the hotel.”
It was a North-eastern restaurant. Director Sun had picked this restaurant, especially for Feng Yu.
“Before work starts, it would be best to eat something familiar. After you have successfully acquired the company, I will treat you the best local Zhejiang cuisine.”
After dinner, Director Sun sent Feng Yu to the hotel and placed his luggage in his room. Before leaving the room, Director Sun meddled with the phone in the room. He told Feng Yu that he will pick him up in the early afternoon for Fenghua tomorrow. He wants to visit his parents on the way.
Director Sun had returned from Fenghua today, and he wants to go back tomorrow? What visit his parents on the way? He had purposely come back to Hangzhou to send Feng Yu to Fenghua. If the negotiations went smoothly and he had successfully acquired Ningbo Bird, he would let Director Sun invest in this company. This was to repay him for his help.
After Director Sun left, Feng Yu walked over to the phone to see if there was anything wrong with it. There was indeed a surprise waiting for him!
There was a small card with a picture of a sexy lady printed on it. The word “Massage” was printed on it and there was a telephone number.
Feng Yu threw the card into the waste paper bin. He might be young, but that does not mean he does not have self-control. Furthermore, Feng Yu was not into prostitution.
This Old Sun ah……
After breakfast, Feng Yu returned to his room to rest for a while and Director Sun came. Feng Yu does not know how come his timing was so accurate.
The both boarded Director Sun’s car and drove to Fenghua district, Daqiao village’s government office.
“Ningbo Bird’s biggest shareholder is this village government. If we are able to persuade them, then it will not be a problem to acquire this company. The rest of the shareholders had not come out with a single cent.”
Yesterday afternoon, Director Sun had chatted with Xu Lihua and the rest for a while. He knew that the village government was the one who had paid the 100,000 RMB start-up capital of this company. These technicians were too poor to invest!
He also realized that this company was researching pagers!
This was interesting. 100,000 RMB to develop pager? Radio should be a better option! If it was so simple, then there will be pager factories everywhere!
Director Sun starts to look down on these people. But he remembered that Feng Yu wanted to acquire this company. He begins to suspect that maybe Feng Yu felt that these people would succeed?
This should not be possible. Even the many old engineers in the Cities’ research centers could not succeed. How could these few young men accomplish?
In the end, Director Sun did not think much. After all, he was helping Feng Yu. These few people had used their expertise to exchange for the company’s shares. They were also the shareholders. But they do not have the power to make decisions in this company. It was the village government that had the authority.
Director Sun also contacted the village government. When the village government knew that someone was interested in buying out Ningbo Bird company, they were overjoyed.
The village government had treated this investment as a gamble. They felt that these young men were ambitious and wanted to give them a chance. However, the government was not sure if they would succeed. But if they can sell this company at a high price to someone, that means they had won the gamble!
The village head and secretary had arrived early after they heard that the buyer was coming. It would be an achievement if they were able to sell off this company at a high price.
“Director Sun, you are here. Come, take a seat. Who is this?”
“Secretary Chen, Village head Zhang, this is the person I have told you, Manager Feng. He is interested in buying over Ningbo Bird Company.”
Secretary Chen and Village Head Zhang looked at each other. This young man was a big boss? Were they conmen? But this Director Sun owns a company in Hangzhou and Fenghua was his hometown. He was also driving a Santana. From his dressing, he does not look like a conman.
Was this Manager Feng really a big boss? Maybe it was his father who was rich.
“Hello, Manager Feng. Have a seat. This is the best Longjing Tea.”
“Thank you, Secretary Chen.” Feng Yu smiled.
“Secretary Chen” smile froze: “I am the village head, and that is our secretary.”
“Oh, I’m sorry Village Head Zhang. Hello, Secretary Chen.” There was not a hint of embarrassment on Feng Yu’s face. On the way here, he had discussed with Director Sun. He will act like an arrogant tycoon. This was to create the impression that he was stupid and wealthy.
Director Sun does not know why Feng Yu wants to do this. The village government would demand more money. However, he does not know that Feng Yu intends to settle this acquisition as fast as possible. If those technicians suddenly made a breakthrough in their research, then even if he offered higher prices, the village government will also not sell it.
“Manager Feng is very young. From your accent, are you from the north?”
“I am living in Beijing now.”
Village Head Zhang and Secretary Chen exchanged looks. Living in Beijing? Could this young man the son of some leader? There were only low-rank government officials and does not know if there were any high ranking officials with the surname Feng. But one thing for sure, they could not afford to offend any officials.
“We had heard from Director Sun that Manager Feng was interested in our Ningbo Bird Company. Are you going to invest in this company?” Village Head Zhang asked.
“Invest? I think Director Sun had not made things clear. I want to buy this company. I want to buy out everything. I want full control of this company. I do not like to be one of the shareholders!”
Secretary Chen was thinking in his heart. This person was so arrogant. He must be some second-generation useless son! But with this character, they should be able to sell the company at a high price.
“Manager Feng, this company was set up not too long ago, and if we sell it to you, we need to explain to the public and our higher-ups.”
Feng Yu knew that they were worried that they could not answer to their higher-ups. In this era, the government does not need to explain to the public.
“200,000 RMB. I know that the start-up capital for this company is only 100,000 RMB. I will give your village 200,000 RMB for this company!” Feng Yu showed two fingers.
“Errr……. Manager Feng, this company is not fully owned by the village government. There are also some technicians that own the company’s shares. We only own 51% of the company.”
“300,000 RMB. I will buy your 51% of shares! I will speak to them later.” Feng Yu showed 3 fingers.
Village Head Zhang was shocked. He had only said one sentence and Feng Yu increased the offer by 100,000 RMB. If he were to mention a few more sentences, then will the offer be increased further?
“Manager Feng. Our Fenghua and Ningbo government had high hopes for this high-tech company. If we were to sell this company for 300,000 RMB…….”
“500,0000 RMB! This is my final offer!” Feng Yu said with an impatient expression. “If you are not willing to sell, then I will look for similar companies elsewhere. Anyway, such companies were common not only in Beijing and Shanghai. There were lots of similar companies in Hangzhou too!”
Feng Yu was willing to offer such high prices was to expedite the acquisition process. Another reason was that he does not want people to say that he had taken advantage of the government. He had used 500,0000 RMB to buy 51% shares of a 100,000 RMB start-up capital company. How was this taking advantage of the government? He had paid many times more than the company’s value. Who could say anything in the future?
Secretary Chen and Village Head Zhang exchanged looks and stood up to offer Feng Yu a handshake: “Manager Feng is indeed a straightforward person. Deal!”