Extraordinary Genius - Chapter 707
Chapter 707 – Didn’t come in vain
Buy me a coffee or tip me on or .
Feng Yu did not mind being taken advantage because Bing CityPharmaceutical Enterprise was now an established brand. This medicine will bepopular if sold under the brand name. Also, Bing City Pharmaceutical had lotsof researchers and could perfect the formula and conduct the clinical trialsfaster.
Also, China’s regulations on medications were not asstringent. Feng Yu could get the approvals earlier than Pfizer and start theproduction. He would be able to apply for patents and delay Pfizer’s drugs fromentering the market. Bing City Pharmaceutical will be the first company todevelop and produce this drug.
If it were another small pharmaceutical company, it would bedifficult to do all these. Also, Feng Yu did not suffer any significant losses.Those research data were only references and contains some technical knowledgeof producing this drug.
After the discussion ended, Feng Yu continued to sit on thesofa with his legs crossed.
“Why are you still here? If you want to have lunch at ourcafeteria here, it’s fine. But don’t think of ordering any expensive dishes.”
“Eh, eh, eh…… You are the Mayor. Look at your stingy look.You think I cannot afford to pay for myself?” Feng Yu replied arrogantly.
“Then what do you want from me? It’s almost the end of theyear, and I am very busy. I still have to attend lots of meetings.” ZhangRuiqiang frowned. He knew Feng Yu too well and knew that Feng Yu must be up tosomething.
If it were something good, Feng Yu would have opened hismouth earlier.
“Is the City Government giving out some welfare to youremployees during the coming Lunar New Year?”
“What has this got to do with you? Are you asking for yourcousin? You are used to flaunting your wealth. Now, your cousin is alsofollowing your footsteps. He is only a junior staff member, and he drives towork? He is driving a Songjiang Olympic.”
When mentioned this, Zhang Ruiqiang was furious. At first,he had a good impression of Feng Yu’s older cousin and tried to help him bytransferring him to work for his secretary. He was even thinking of promotinghim this year.
But this cousin of Feng Yu drove to work and don’t even livein the quarters arranged by the City. He bought a new private apartment next toBing City River. He heard that the floor area of that apartment was bigger thanthe quarters for Director level staffs.
That fellow even had a handphone. Many Section Chief in thegovernment were not even assigned a pager.
Feng Yu was also speechless. These were all given to hisolder cousin by his father. If he did not stop his father, his father wouldhave given his cousin the luxury model of Songjiang Olympic. That’s the modelassigned to the Mayor.
That apartment was also bought by Feng Yu’s father. He saidthat with a big apartment, his cousin would be able to get a girlfriend easier.Now, as a civil servant from a wealthy family and even own a car, it was reallyeasy for him to get a girlfriend. Many leaders in the City Government wanted tointroduce their daughters or niece to him.
Feng Yu smiled: “That is his private car. He spends his ownmoney to pump petrol, and it is not against the regulations. Furthermore, it’smy father who bought the car for him. I also cannot stop him. You said the CityGovernment do not have shuttle bus? Bing City Machinery can manufacture busesnow. Do you want to order 8 or 10 buses for the City?”
Zhang Ruiqiang: “……” Feng Yu was treating the CityGovernment as his regular customer. He tries to sell his products every time hecomes.
“We are not buying it. There is another matter…… butnevermind. What else do you want to tell me?” Zhang Ruiqiang stopped halfway.
Damn. Why can’t you finish what you wanted to say? It’sunbearable when you mentioned something and stopped in the middle.
Feng Yu looked at Zhang Ruiqiang and continued enthusiasticallylike a salesman: “Buy our Tai Hua shopping cards as the welfare gifts for theCity government employees. I will give you a 2% discount.”
Zhang Ruiqiang turned and walked back to his seat behind hisdesk. “Xiao Liu, send Mr. Feng out.”
“Eh, don’t be like this. We are all chatting happily here.The Government is not giving out Lunar New Year gifts? How about our Tai HuaSupermarket shopping cards? It will be cheaper this way. The items in thesupermarket are also cheap, and there is a variety of products for your staffsto pick. It’s so much better than you all giving out meat, rice, etc.”
Zhang Ruiqiang stared at Feng Yu: “The year before lastyear, you promoted your Tai Hua Premium cooking oil. Last year, it was yourTian Peng Pork. This year, you are trying to help your Tai Hua Supermarketclear those leftover stocks?”
“What are you talking about? Since when my products haveleftover stocks? Tai Hua Supermarket’s business is excellent, and the wholecity knows it!”
“That’s right. Even our state-owned shopping mall’ssupermarket is struggling to survive.” Zhang Ruiqiang replied angrily.
This state-owned shopping mall was located in the bestlocation in the city and tried to copy the Tai Hua Supermarkets, by opening asupermarket. But not long after opening, it was facing difficulties.
Zhang Ruiqiang asked his men to investigate and found outthat it was Tai Hua Supermarket that was targeting them. All the items sold atTai Hua Supermarkets were cheaper than the state-owned supermarket. Tai HuaSupermarket even gave out fliers outside of the state-owned supermarket.
Even if they were competitors, but they should not be soaggressive. Tai Hua Supermarket’s business was very good, and why can’t theylet others survive? This year, the City Government will be giving out somewelfare gifts for their employees. But all the gifts will be purchased at thestate-owned supermarket. They will never go to Tai Hua Supermarket.
“It’s all fair competition. We are the original, and theyare the imitators. How can you group us together and you shouldn’t say that weare suppressing them. They are not doing well, might be due to their managementissues, or there might be something wrong with their marketing.” Feng Yureplied confidently.
Management issues? The manager of the state-ownedsupermarket was pouched over to your Tai Hua Supermarket to be the floormanager. You all offered more than double salaries, and several managers fromthe finance and warehouse departments had gone over to your side. How can westill manage our supermarket well?
The state-owned supermarket’s business went downhill, andthe shopping mall was also affected. Zhang Ruiqiang was frustrated. He had highhopes for this mall.
This was not the first time Bing City set up shopping malls.This mall was located in a better location, had nicer renovations and bettercustomer service. However, the business was worse than those older malls.
The biggest probability was because of Tai Hua Supermarket.They had hired all the management staffs from the state-owned supermarket, andTai Hua Supermarket was located very near to them.
“If it is a fair competition, then stop hiring our people.”
“You all are unable to give them higher salaries, and yetyou want to stop them from earning more? They also have families to feed.What’s wrong with them trying to earn more? If that state-owned supermarket canno longer survive, I can offer some advice. Close it and move to anotherlocation, like near to the universities. Their business will improve.”
Zhang Ruiqiang looked at Feng Yu suspiciously: “Move them tosomewhere near the universities will do?”
“Of course, it’s not any universities. The location nearLongjiang University is not bad. There are many schools in that vicinity.Although it is a bit out of the way, there are lots of human traffic. That is agood place to build a shopping mall.”
“Nevermind. We will talk about this another time. What elsedo you have for me?”
“There is one more thing. I know that the City had relocatedthe residents of these two places. The land parcel will be auctioned off? Howabout selling it to Tai Hua Supermarket? We will build our hypermarket mallsthere, and I guarantee that these two places will be a bustling commercialarea.”
Zhang Ruiqiang stared at Feng Yu angrily. Do you think I donot know that these two places are suitable to build shopping malls? Why shouldwe sell the land parcels to you? But Zhang Ruiqiang thought for a while. Itseems that state-owned shopping malls were not easy to manage. Even the mall inthe best location of the city was struggling. If the City really build andmanage their malls in the new areas, they might suffer heavy losses. The Citymight as well sell off the land and profit. The City will still be able toreceive high taxes annually after that.
“We will auction those two plots of land after Lunar NewYear. I will inform you all on the exact dates later. If you have nothing else,just leave.”
Feng Yu picked up his cup of tea and finish it in one big gulp.Then he slowly leaves. His trip to the Mayor’s office was not in vain.
Translator’s notes: Feng Yu had helped his cousin get a jobin the City Government in one of the earlier chapters. I can’t remember whichchapter.
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