Lu Feng tidied up two folders, closed his suitcase and put it aside, saying, "Look through these documents, take a rest, we'll talk more tonight."
As evening approached, three cars pulled up downstairs at the hotel, and six or seven people got out. The leader was a man in his fifties, wearing a gray suit. He got out of the car and chatted with the others for a few minutes. The remaining six men all looked refined and wore glasses; they were all around forty years old.
Twenty minutes ago, Lu Feng received a call from the investment promotion office, who said they would have a casual meal at this hotel and asked him to prepare his documents. They said that everything that needed to be discussed had already been discussed, and today's focus was on updating the documents.
"Bang bang bang!"
There was a noise outside the door. Lu Feng opened the door and saw a waiter standing there. He asked, "What's wrong?"
"You are Mr. Lu, right?"
"yes!"
"Director Cai has prepared a light meal on the fifth floor. I'll take you there."
"Huh?" Lu Feng had originally planned to order a table of food and a few bottles of good wine, but this sudden turn of events left him a little confused.
"Oh, right, he said to bring your documents."
"I understand." Lu Feng knocked on Zhang Fengxia's door next door, took his things, and followed the waiter downstairs.
Lu Feng could sense that something was amiss. This way of doing things was quite intriguing. Instead of going downstairs to a private room, they arrived at a reception room, which resembled a small conference room.
The door opened, and Director Cai stood up. He was slightly surprised when he saw Lu Feng and asked, "Are you the CEO of Jiaming Foods?"
"Yes, you must be Director Cai."
Those present stared wide-eyed at Lu Feng. He was too young. In their imagination, Lu Feng should be a cunning man in his forties or fifties, with a big belly and a fat head.
"Hello, hello, please have a seat!"
“This isn’t a restaurant, nor is it a private room. I was thinking of booking a table upstairs so we could eat and drink together. I’ll treat you. What do you think?” Lu Feng suggested.
“No need for that. It’s not appropriate for us to have meals and drinks with a businessman like Mr. Lu. We’ve ordered a working lunch, so we can eat together and take a look at the documents. Mr. Lu said on the phone that you have absolute sincerity and ability, so let’s bring it up.” Director Cai said in a businesslike manner, “People from the finance, taxation, land management, and municipal management departments are all here today.”
Lu Feng sat down, his expression not good. Having lived two lives, he had dealt with them too many times. If things could be done with laughter, food, and drinks, it meant the matter wasn't serious. In this state, Lu Feng felt it was somewhat tricky.
Adding to what Zhang Fengxia had said that afternoon, he suddenly felt something was off. He coughed, sat down, his face ashen, and took the documents from Zhang Fengxia's hand.
"Let me first introduce our company. We currently have 12,400 employees and a market value of around 500 million yuan. This includes land, factories, and market value in various provinces across the country. As the leading beverage company, we have sufficient strength to expand the market and create enough jobs for the local area. This is the value that Jiaming Foods brings to Taiyuan."
"Mr. Lu mentioned land and factory buildings. How many factory buildings do you actually own? What is the actual value of your company?"
"That's right. All the land we've acquired so far has been mortgaged to banks. We'll use the loans from the banks to build new factories, and we'll also have tax exemption policies. Judging from the current market response and our sales figures, we'll definitely be able to repurchase our own factories within three years without any problems."
"To put it bluntly, you have nothing right now, is that a fair interpretation?"
"You can't understand it that way. We have a market, our brand has brand value, and we have the recognition of the people. If you think these things are worthless, then is Wahaha also worthless?"
“They own factory buildings. At the beginning of this year, they bought the ownership of a state-owned enterprise factory building for 80 million yuan.”
"What's the point of you all studying this? Our debt is within our tolerance range. As our products grow stronger, the market will continuously provide us with funds. We're just getting loans from banks by pledging land, which is legal and compliant." Lu Feng leaned back in his chair and looked at everyone present, saying, "We're discussing the wrong things."
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