Chapter 610 The Old Master Agreed



The old man smiled and said, "Young Shen, you really know how to do business. If I become the honorary chairman, wouldn't that be equivalent to being the spokesperson for your Tengfei Group?"

Shen Dong said, "Of course not. Old man, to be honest, I genuinely want to do something for Xia Country. However, many good deeds, for various reasons, become unrecognizable as they are done. After the Tengfei Group's major expansion ends, I will donate three percent of the profits to charity every year. Don't underestimate this three percent; it's at least over five hundred million US dollars. If I didn't have a powerful person protecting me, I certainly wouldn't be able to do this so recklessly."

The old man said, "You mean that the annual revenue of the Tengfei Group will exceed 16 billion US dollars in the future?"

Shen Dong nodded and said, "It will only be more, not less. Just the shares of the companies I control overseas should generate nearly 10 billion US dollars in profit every year. Add the profits of Tengfei Group, and 16 billion US dollars will definitely be no problem."

The old man sighed, "You're truly richer than a country. So, Mr. Shen, if I'm willing to be the brand ambassador, how much are you prepared to pay this old man for the endorsement fee?"

Shen Dong held up one finger and said, "How about one hundred million Xia Yuan?"

The old man scoffed, saying, "You're looking down on me. Liu Hui, how much do you think my endorsement fee is worth?"

Liu Hui said, "One hundred million US dollars, and that's a friendly price."

The old man chuckled and said, "One hundred million US dollars is a bit excessive, but at least two or three hundred million Xia Yuan should be worthwhile. How about this, Mr. Shen, you give five hundred million yuan to the Tengfei Charity Foundation every year, and I will be your spokesperson."

Shen Dong touched his nose and said with a wry smile, "Grandpa, you're too ruthless, aren't you? In this day and age, 500 million yuan is enough to build 10,000 Hope Primary Schools. It's estimated that the problem of schooling for impoverished children across the country can be solved in two years."

The old man took a sip of tea and said, "Isn't this a good idea? We can spend two years getting the schooling sorted out, and then switch directions to do other things. When we're donating five hundred million US dollars a year, there will be even more things we can do. I'd really like to know, when will you be able to donate five hundred million US dollars a year?"

Shen Dong held out one palm and said, "Five years from now. If that's not enough, I'll make up the difference myself."

The old man slapped his thigh and said, "Alright. I can be the honorary president of the Tengfei Charity Foundation, but you are not allowed to use my influence for your own benefit. If one day I can no longer protect it, before I die, I will let the person who can protect this foundation continue to be the honorary president. The premise is that you must do charity sincerely."

Shen Dong said solemnly, "I will."

The old man picked up a cup of tea and said, "Then it's settled."

Shen Dong touched hands with him and said, "It's settled."

After taking a sip of tea, Shen Dong suddenly came to his senses and said, "Wait a minute, I don't think I've agreed to donate 500 million in the first five years."

"Pfft"

Liu Hui couldn't help but burst out laughing.

The old man laughed heartily and said, "We've already drunk the tea, what's the point of saying this anymore?"

Shen Dong was speechless.

After chatting for more than an hour, Shen Dong noticed that the old man was getting tired, so he took his leave.

The old man gave Shen Dong half a jin of his treasured Wuyi Mountain black tea and five cases of specially supplied liquor.

On the way back in the car, Shen Dong had a bright smile on his face.

Although it costs an extra 300 million yuan to do charity every year, having the old man serve as the honorary president of the Tengfei Charity Foundation is still a sure-fire way for Shen Dong to make money.

With this business card, as long as it's legal and compliant, Tengfei Group's investments in the mainland will be given the green light all the way, and no one will dare to make things difficult for them.

When Li Xinxin learned about this, she jumped up excitedly.

"Hey, Mr. Shen, I heard you've come to Yandu. Do you have time to visit our textile factory?"

Chu Feng, the factory manager of Tengfei Textile Factory, called Shen Dong.

This guy, who was known as the most useless member of the Chu family, changed his carefree attitude after becoming the factory manager and became extremely serious and hardworking.

Under his management, the entire textile factory underwent a dramatic transformation, from production efficiency to morale.

After the new production line went online, the quality of the fabrics produced by Tengfei Textile Factory was much better than before. It not only met the needs of Tengfei Garment Factory, but also sold 20% of the fabrics to other clothing brand companies.

Last month's profit of 60 million was a perfect report card for Shen Dong.

Shen Dong laughed and said, "I'll definitely go. How about this, you send a car to pick me up at Diaotai Hotel at 2 pm. I want to personally experience the operation of Tengfei Textile Factory."

Chu Feng said happily, "No problem, I'll bring a car to pick you up later."

After having lunch with Li Xinxin at the Diaotai Hotel, Chu Feng arrived with a convoy of cars.

Accompanying him were Chen Yongren, who had been busy building a garment factory in Yandu, and Achan, Xiao Ma's future wife.

Seeing the three of them enter, Shen Dong chuckled and said, "You three are hanging out together?"

Chen Yongren pointed at Chu Feng and said, "Brother Dong, Sister Chan and I are now following Young Master Chu."

Achan smiled and said, "Brother Dong, you should reward Young Master Chu properly. He not only made the textile factory a great success, but also helped Aren and me a lot. Otherwise, the project in Yandu wouldn't have gone so smoothly."

Chu Feng quickly waved his hand and said, "No, I can't accept your praise. Also, could you please stop calling me Young Master Chu? I find that title a bit grating now."

Shen Dong chuckled and said, "That's right. Before, people called you Young Master Chu because you were a child of the Chu family. Everyone flattered you because of the Chu family's reputation, and it had nothing to do with you personally. Now it's different. You have your own business, with more than 10,000 employees working for you. Even without the Chu family's halo, you can stand on your own. So, when you hear someone call you Young Master Chu, you feel sorry for your hard work."

Chu Feng gave a thumbs up and said, "Mr. Shen, you are absolutely right."

Chen Yongren said, "So what should we call you from now on? General Manager Chu or Factory Director Chu?"

Chu Feng raised an eyebrow and said, "I like the title 'factory manager'."

Chen Yongren laughed and said, "Alright, from now on I'll call you Director Chu."

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