Extraordinary Genius - Chapter 694
Chapter 694 – A wealthy fool (Part 1 of 2)
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Feng Yu returned back to Beijing after he settled all theinvestments, as he got to take his exams. He does not need to worry about hisinvestments because the Fu Family will help him monitor the market. When theprice was right, everyone will dump their shares.
Many Hong Kong influential families were cooperatingtogether to make money from the US stock market. Their targets were thoseJapanese companies, and this was Feng Yu’s idea.
Feng Yu wanted to see how powerful these families were whenthey combine forces. He also wants to see if these families were willing to putdown their grudges against each other for profits. He does not want any ofthese families to create problems during Hong Kong’s return to China in another2 years.
From the current situation, everything seems fine. Maybe itwas because of the Fu Family, or the Li Family were participating in thisoperation. Or maybe, everyone was interested in making money and were in a goodmood. Overall, everything was going as planned.
Now, Feng Yu have a new target. He was going to do somethingbig!
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 strongfinancial backing.
Victor had heard of this big boss, but he has not met himbefore. He heard that this big boss was very low profile and had never appearedon TV or have any pictures published on the papers. There were rumors that apicture of this person had appeared on a few Hong Kong magazines, but it mightnot be accurate.
Pfizer had entered China for quite some time. From the startof the eighties, Pfizer had started to sell their medicines in China. Aroundthe 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 inSuzhou. This new factory produces nutritional type medications.
After the health supplement products were suppressed for thepast two years, nutritional type medications were selling well. Pfizer’s“imported” nutritional medicines were also selling well. Victor heard that thisbig boss was the person behind all these.
Someone who could influence the whole nation. Even Pfizercould not do this! There were rumors that in China, there were many ‘Redfamilies’. This person might be from one of the families?
When Victor was getting impatient from waiting, he saw a fewcars 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 alightedfrom the vehicles in front and back. They looked at the surroundings, and oneof them took out a walkie talkie and shouted: “Safe!”
The driver of the car in the center alighted and ran to openthe passenger door. He used his hand to block the roof of the car, and a legstretched out of the vehicle. The leather shoes were polished shiny.
This person’s dressing was really like a big boss. There wasnot a single crease on his pants.
But when Victor saw that person’s face, he was stunned. Howcome this person was so young? Should this big boss be an old man? Even if hewas young, he should also be middle-aged. This person who alighted from thecenter car, surrounded by bodyguards, seems to be around 20 years old.
A bodyguard standing behind Feng Yu helped him put on a longcoat, and Feng Yu slowly walk towards Victor.
Victor immediately walks towards Feng Yu and reach out withboth hands. He was afraid that if he was slow in approaching him, Feng Yu mightfind him rude. He had heard that the Chinese speak a lot about “face” and allsuccessful businessmen in China wanted “face.” But this was only an ordinarymeeting for the first time, was there a need for this extravagance appearance?
Victor had also heard that this villa area belongs to thisbig boss. In the US, it was normal for wealthy people to buy villas. But he hadnever seen anyone buying the entire villa area. The whole villa area was biggerthan any estate owned by many tycoons.
This type of people must be given enough respect. This waswhat 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 besmoother.
“Hi, Mr. Feng. I’m Victor.” Victor said with his weirdaccented mandarin.
“Mr. Victor. Nice to meet you. It’s so cold. You do not needto receive me outside. Let’s go in first.” Feng Yu laughed and replied inmandarin.
Yes. Feng Yu’s identity now was someone who does notunderstand English.
Seeing Feng Yu speaking politely to him, Victor wasrelieved. This person should be easy to get along.
“Mr. Feng, I heard that you asked me here is to discuss abusiness deal?” After entering the villa, Victor asked. Mr. Feng’s staff hadcontacted him and said that Mr. Feng was interested in discussing a businessdeal with him. If he could represent Pfizer and clinched this deal, he might beable to be transferred back to the US and do not need to stay so far away fromhome.
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 wifeand children.
Feng Yu raised hisbrows 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 thisdeal was with Pfizer, that means it should be a deal that’s worth a lot. Hecould tell Feng Yu was someone with strong influence and power from the way hespeaks and acts.
“What is this deal? Are you thinking of setting up a jointventure pharmaceutical factory with us?” Pfizer had already set up theirfactory in China, and they need to set up their distribution channels for theirproducts. 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, butdo not have the technology. Most of them like to invest in joint-venture withforeign firms. Many businessmen had approached Victor before but were allrejected. It was because those businessmen were not powerful enough. Pfizerwill not work with ordinary businessmen. If they were to look for a businesspartner, the partner must be China’s most prominent company!
From what Victor found out, this Feng Yu was the mostpowerful businessman he had met and fit the requirements set by his company’sheadquarters. It would be best if Feng Yu still have some political backings.
Feng Yu shook his head. “Joint venture factory? I am notinterested in that. I have my own pharmaceutical factory, and it is the biggestin China. I do not lack money, and there is no need for me to set up jointventures with others.”
Victor’s eyes widened. This person owns the biggestpharmaceutical factory in China? Shanghai Pharmaceutical or Bing CityPharmaceutical Enterprise?
“Mr. Feng, your factory is?”
“Bing City Pharmaceutical. I acquired and restructured thisfactory last year. This sale is still doing well now. Our products are also exportedto western countries. We will surely be number one in China’s pharmaceuticalindustry soon.” Feng Yu replied with a proud look.
“Since Mr. Feng is not interested in setting up a jointventure factory with us, then what are we cooperating?” Victor could not hidehis disappointment on his face. What else could they discuss other than jointventure?
“I did not say we are going to cooperate. I only want to askabout the Pfizer’s patented medicine formula. I heard that Pfizer have thepatents to a lot of medicine. Can you sell us some? I am willing to pay a highprice for it!” Feng Yu said and waved his hand. He was trying to show he wasrich.
What? This Mr. Feng wanted to buy Pfizer’s patents?
Translator’snotes: I am not sure where Lian Gang is. But the first Pfizer plant in Chinawas set up in Dalian, a city in Liaoning Province. Dalian is quite near toNorth Korea.
Redfamilies refer to the families of the People’s Liberation Army generals. Theirsecond and third generations are still enjoying special privileges and have astrong influence on the central government. In fact, lots of high rankingofficials in China were the offsprings of those generals.
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