Extraordinary Genius - Chapter 804
Chapter 804 – You have been conned again
After signing the contracts with the SportsAdministration and CCTV, Li Na started her school holidays, and Feng Yu wentback to Bing City with her.
But Li Na was shy and only stayed in BingCity for a day before going back to the village. Zhang Ruiqiang heard that FengYu had returned and asked him over for a chat.
“Oh, Brother Liu. Here…… this is somethingI bought for you from the US.”
Secretary Liu’s eyes twitched. ManagerFeng, how can you give me a carton of cigarettes in from of my leader? Are youdoing this on purpose?!
Zhang Ruiqiang rolled his eyes at Feng Yuand asked: “How much does that cost?”
“Don’t talk about money. This is only agift. Brother Liu, you must treat me to dinner some other time.”
Zhang Ruiqiang shook his head and looked atSecretary Liu. “Take it. It’s rare to see Feng Yu giving out gifts. You cangive it to your father-in-law.”
Secretary Liu took the carton ofcigarettes. His leader had spoken, and he does not need to worry. Feng Yu waspissed by what Zhang Ruiqiang said. What do you mean by it’s rare for me togive gifts? You dare to accept my gifts?
“Ah, leader. You have more white hair. Youmust take care of your health.” Feng Yu joked.
“Manager Feng, the leader, has lots ofthings on his mind recently and does not have time to rest.”
“What is troubling you? Tell me.” Feng Yubecome interested.
Zhang Ruiqiang gave his secretary a stare.But his secretary also gave him an excuse to ask Feng Yu for advice.
“Real estate issues. What are your views?”
Real estates? Bing City wants to developthe real estate industry? But this is not a good sign. The property prices willbe pushed up, and the commoners will suffer.
“What’s wrong? Is this suggested by theCity Government or the Provincial Government?”
“What City Government or the ProvincialGovernment? I am not talking about developing the real estate industry. I amtalking about how we are going to regulate this industry.”
“Regulate? The property prices in Bing Cityhad risen by a lot?” Feng Yu sat upright. Was it because of him that revivedthe Bing City industries and caused a spike in the population and causedproperty prices to rise?
The university graduates had to look forjobs by themselves now, and the companies have to pay security insurance. Most workplacesdo not give out properties to their employees and only provide some subsidies.It is usual for the property prices to increase. But if the increase is toohigh, there must be some problems.
This would be like some places in China,where the property market crash and that area become a ghost town. It will takeseveral decades for that area to recover.
“There are no problems with people’slodging. The city had planned a long time ago. We are also introducing quartersfor state-owned enterprise employees. But recently, a businessman came to ourBing City and wanted to build a technology building. He asked the Citygovernment to approve a plot of land. There are two voices in the City now. Oneside felt we should give him the plot of land, and that building will become alandmark in the future and will attract more investors. As more people got toknow about this, many companies also approach us to buy land to buildbuildings. Another group of people in the City Government felt this was only a vanityproject and does no help to the people.”
Technology building? In another few years,this will be a popular concept. Li Zekai’s company made use of this concept andmade a hefty sum. In the past, someone had also thought of this, and the mostprominent case was the Giant Building.
Technology sounds like something high-end,but it is only scientific techniques. All production needs technologies. Butcurrently, people’s impression of technology is high tech and needed lots ofmoney and scientists. Once the technology becomes a product, everyone will makemoney.
“What is this technology building? Whatdoes it mean? A factory building or a research facility? Or is it just anoffice building with a fancy name?”
“All of them.”
“All of them? What does Zhang Ruiqiangmean?
Zhang Ruiqiang saw the confused look onFeng Yu’s face and explained: “This Technology building can be considered a Scienceand Technology Industrial Park. It includes a research facility, factory,offices, etc. and all of these will be housed in a 100 meters tall building.”
Huh? Was this a joke? If this is true, itwill cost more than a billion RMB. Which businessman in China have so muchmoney?
“Who is the other party? What do they do?How are they going to recover their investment in this building, and what istheir core business?”
Feng Yu had invested in an industrial parkbefore. It was his Songjiang motorcycles and car factories as the core andattracted smaller factories producing parts to be built around it. All thecompanies and small factories were revolving around Songjiang factories.
Feng Yu wants to know the core industry ofthis industrial park.
Polysilicon industry? From Taiwan?
Polysilicon is a material used insemiconductor chips. This material can be found in small radio receivers toPCs.
China does have this technology, but it’soutdated. Most of the factories dealing in Polysilicon had shut down due topollution. The investment required for this industry was high and needed atleast 2 billion. If not, it will not reach a profitable scale. Small scalefactories producing Polysilicon will not make any money. If someone reallywants to go into this industry, his initial investment will not be lesser than1 billion.
If this company was successful, thenLenovo, Wind, and Rain Electronics product cost will be lowered.
“What company is this? How many tons canthey produce annually?” Feng Yu asked excitedly.
“Future Technology Group. It is a bigcompany in the US. The boss of the company is an American Chinese. I heard thathis company’s annual production is more than 10,000 tons!”
Future Technology Group? Feng Yu thoughthard. He had never heard of this company in his previous life. Not manycompanies can afford to deal with Polysilicon. All the companies that producePolysilicon were big.
Feng Yu felt something was off. There mustbe a problem. In the current era, the total production of Polysilicon in theworld is far from 10,000 tons! This is bullshit!
“What is the name of their boss?”
“His Chinese name is Zhou Shuai. He said Microsofthad invested in his company.”
“Which company again?” Microsoft? How comeI am not aware of this?
In Feng Yu’s previous life, Bing City alsotried to build a High-tech industrial park and was conned. It seems to havehappened around 1996. Could this person be that conman?
“Microsoft. The world’s biggest softwarecompany. You have never heard of this company?” Zhang Ruiqiang was surprised.This was a famous company, and Feng Yu had not heard of it?
“Leader, software production does not needPolysilicon. Do you know?” Feng Yu asked. Since when software companies need toinvest in Polysilicon? Microsoft wants to build their own PCs?
If Microsoft dares to do this, they will begoing against all the PC manufacturers. Those manufacturers will join forcesagainst Microsoft and stop its monopoly.
“Microsoft is not a PC company? PCs alsoneed this material.”
Feng Yu pointed to himself and said: “Doyou know why I went to the US? Investments. I am now a shareholder and adirector of the company you are talking about!”
“You are a shareholder of Microsoft?!”Zhang Ruiqiang was shocked. Feng Yu already have so much money?
“That’s why I can confidently tell you that you have been conned again!”