The meeting lasted until noon before it adjourned, and continued in the afternoon. However, it had little to do with Lu Feng. Many people stood up and walked over to Lu Feng to exchange a few polite words.
Lu Feng is now undoubtedly the most influential figure among private enterprises in the province!
The company cafeteria was bustling with noise at lunchtime. Just as Lu Feng was about to eat, a man in his thirties or forties walked over and said, "Mr. Lu, let's go upstairs."
Lu Feng was slightly taken aback, then nodded and said, "Okay!"
Inside a private room on the second floor, a waiter opened the door, revealing seven or eight people sitting inside, all around fifty or sixty years old on average. Jin Youquan was prominently seated in the main seat.
In such an environment, Lu Feng did seem somewhat out of place sitting down. Standing at the door, he said, "I'll stand here and offer you all a toast."
"Please sit down. Eating is eating, no matter where you are," Jin Youquan said politely.
Lu Feng knew he couldn't sit down. He had absolutely nothing to talk about with the people present. Should he sit down and listen, or should he speak? Everyone felt awkward.
"No, no, there's a buffet downstairs. We young people love buffets," Lu Feng said with a smile.
"Then I won't trouble you to sit with us old men. I just want to ask you something. You've been planning to become a group company, where will you set up your headquarters?"
"We will actively consider the provincial capital and are considering building a comprehensive industrial chain in our province, from raw material processing, product packaging, market sales, and even machine research and development. This will be Jiaming Food's overall strategic goal," Lu Feng said earnestly.
“Very good. Based in the province and facing the whole country, Jiaming Foods is now a particularly good name card.”
Lu Feng said a lot of nice things, but what he really meant was that he planned to concentrate the finances of more than a dozen factories in the city next year, in order to benefit the citizens, donate more money, and pay more taxes.
These words moved the mayor of Lu Feng's city to tears. He was actually getting subsidies from other provinces to support his city!
Lu Feng offered a toast, relayed a message for Huang Youwei, and left the private room after a few polite exchanges. The words he had just spoken were confined to the private room; once outside, they were completely ignored.
Next year, Lu Feng will no longer be involved with Jiaming Foods; he can go find whoever he wants.
After dinner, Lu Feng drove straight home. A few days later, he signed a financing agreement. At the same time, Zhang Fengxia, along with a business team of 26 people, signed a patent licensing transfer agreement with Panda Electronics.
On the same day, Panda's general manager announced that the company would sell all of its equity in Panda's Suzhou branch for 140 million yuan, and that a preliminary agreement had been reached with Zhang Fengxia, president of Jiafeng Technology.
A month later, Jiaming Foods successfully welcomed three new shareholders, and at the same time, Gao Zhiwei quietly rented an office building in Beijing!
The previously lost management team is slowly recovering, and everything is proceeding in an orderly manner. In mid-December, Lu Feng went to Jiangsu to sign a debt acquisition plan.
The municipal government lent Lu Feng 200 million yuan as special acquisition funds. Lu Feng used these 200 million yuan to buy 51% of the shares of the electronics factory from the municipal government. The contract stipulated that the 200 million yuan would be repaid by June of next year, and the loan was interest-free!
Lu Feng hadn't even had a chance to enjoy the 150 million yuan he cashed out before transferring 140 million yuan to Panda Electronics, leaving him with 10 million yuan in hand.
Lu Feng still has a 20 million yuan hole to fill, and he also owes Jiaming Foods 10 million yuan.
In the last few days of December 1990, Lu Feng, through a series of maneuvers, successfully acquired an electronics factory worth no less than 400 million yuan using 35% of the shares of Jiaming Foods!
In terms of personnel setup, Lu Feng entrusted everything to Zhang Fengxia. It was time for her to show her skills. If the electronics factory were fully staffed, it could accommodate 17,000 people, mainly producing TV motherboards, electronic components, diodes, picture tubes, data analyzers, electronic scanners, etc.
Interface cables, antennas, casings, displays, speakers, and buttons cannot be manufactured; this is what an OEM (Original Equipment Manufacturer) does!
Fortunately, Mr. Hong and his group had already set their sights on the supporting facilities. They kept calling Lu Feng and even came over in person with a photo album of the newly renovated seaside villa.
After looking at the photos, Lu Feng had to admit that Boss Hong was a shrewd man. He didn't care who he worked for; the other party said that the two houses didn't cost much, just about the same price as the villa itself.
Lu Feng couldn't refuse, so he agreed to let him make the outer shell.
As for the remaining items, we'll put them all up for public bidding to reduce costs.
On the last day of 1990, Lu Feng briefly reviewed the year in the morning. He had gained a lot, but he still needed to work harder. In the morning, he held a finance meeting. The financial statements were generally fine, but there was one slightly embarrassing thing.
"Mr. Lu, it's time to pay back the money. Tomorrow is 1991, and the accounts need to be settled!" Mr. Li said, looking through the financial statements, "We still owe ten million."
Everyone present stared wide-eyed at Lu Feng.
“I worked hard for the company for a year, and I still owe ten million. This…” Lu Feng said helplessly, then suddenly remembered something and said, “I don’t think I’ve received any salary for the past two years, right?”
Gao Zhiwei scratched his head helplessly. Lu Feng was really desperate for money. He had started asking these people for wages from the company he founded.
"That's true. So how much is Mr. Lu's salary per month?" Mr. Li had practically worn out that report. Even if he paid salaries, it wouldn't amount to ten million!
"How about something similar to what General Manager Gao said?"
"Mr. Gao, how much do you make a month?"
“I’ve raised it several times, now it’s 1700!” Gao Zhiwei said.
"Then let's calculate it at three thousand yuan for President Lu. That's a really high salary. Let's make it forty thousand yuan a year!"
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