The meeting lasted for two hours. Jin Lao's main purpose in coming here was to persuade Huang Youwei and his group that the country had its own considerations regarding where some large foreign companies should locate.
Local authorities are certainly very eager to participate, but they also need to consider the overall picture.
The remarks made at the meeting were mostly reassuring, and it was announced on the spot that two foreign parts companies would be set up in Huijing. The local highway construction was highly praised, and Huang Youwei's achievements were commended!
Lu Feng could tell that Huang Youwei was in a bad mood, and the others present were also rather somber. No one could accept this outcome, which clearly showed that a lot of work had been done beforehand.
Mr. Jin could certainly sense this, and in order to liven up the atmosphere, he looked at Lu Feng and said, "If you have any plans to invest next, Mr. Lu, you must consider Huijing. It has convenient transportation, is the provincial capital, and has complete industrial support. It is the best choice for a large enterprise like yours."
"Of course. Even if you hadn't said anything, I would have voted for Secretary Huang first. With such a good leader, I believe this place won't be bad." Lu Feng quickly flattered him to ease the atmosphere.
"Alright, this is the country's intention. Even if you feel uncomfortable, please try to overcome it. The meeting is now adjourned." Old Jin stood up and announced the adjournment.
"We'll obey the government's orders. As long as we're in the country, it doesn't matter if it's the south or the north, we're all in Beijing anyway." Huang Youwei stood up, his smile somewhat forced, and said, "We've been in contact with Lenovo recently, planning to set up a computer industrial park. This should be fine, right?"
"That's not my responsibility. Our Ministry of Trade and Economic Cooperation only handles foreign imports and domestic exports. I don't have the authority to decide on anything else." Mr. Jin shook hands with Huang Youwei and encouraged him, "Don't be discouraged. Your achievements are obvious to all. The automotive industry is not just about BMW. More companies will come in the future, and we are working hard to negotiate."
"Okay, thank you for your hard work. This way, please."
Huang Youwei was genuinely unhappy, but he couldn't say anything, especially since he was facing his old leader, Jin Lao. He could only agree repeatedly.
This year, with Lenovo's listing in Hong Kong, Shenzhen's Vice Mayor Liu approached Wei Yandan and even called Lu Feng, hoping that Jiafeng Electronics would consolidate its equity and prepare for listing in the next few years. Once listed, financing would be much easier.
Regardless of what Vice Mayor Liu said, Lu Feng's answer at the time was that Jiafeng Electronics did not currently meet the listing standards of any stock exchange in the world, so this issue should not be discussed now.
After Lenovo went public, it faced the pressure of annual financial growth, which marked the beginning of Lenovo's deviation from its original path.
In 1994, when Lenovo went public, the conflict between Liu and Ni was already beginning to emerge, and many rumors were circulating in the industry. At the end of 1994, the two officially broke up, and Lenovo made its choice between technology, industry and trade, or trade, industry and technology.
After seeing Mr. Jin off, Huang Youwei called Lu Feng to his office. He didn't dare to yell at Mr. Jin, and having spent the past year working on BMW China, he didn't dare to yell at his subordinates either. He could only yell at Lu Feng.
"Damn it, I worked myself to death, clearing space, pulling strings, and getting all sorts of policies in place. I was running around like a monkey all over the country for a year. There were so many cities competing with me, Harbin, Tianjin, Shanghai, I got them all sorted out, but in the end I lost to Beijing."
"Why would a capital city need cars? Why would it need such a large industrial chain?"
Huang Youwei glared angrily, looking like he was about to devour someone. He paced back and forth, while Lu Feng stood there without daring to say a word, afraid that Huang Youwei would pounce on him and bite him if he got impatient.
"They have BAIC Group, right? Isn't that a big company enough? I had such good talks with BMW Group, and that foreign CEO of theirs was such a good friend of mine. He was always talking about Beijing and Taiwan, but what happened? Taiwan my ass!"
Lu Feng stood in front of the desk watching him curse, without saying a word.
"Are you mute now? Can't you speak?" Huang Youwei looked at Lu Feng and said, "Didn't you go abroad? You have connections overseas, so get me a few car companies. If you really can't do that, invest a few hundred billion to create a car brand yourself, and I'll give you preferential treatment."
"Hundreds of billions? Mr. Huang, do you think this is for a funeral? Even a funeral wouldn't involve such a large sum. I've raised over 3 billion US dollars, and it's being distributed in installments. I plan to invest it in overseas markets. Besides, the automotive industry is a heavy industry that needs industrial upgrading. China's current lathes, steel, and technology intellectual property rights are insufficient to create a strong automotive brand." Lu Feng comforted him, "It's alright. Losing one BMW might mean finding something even better later."
“Tell me which company we haven’t brought over yet. Attracting investment is getting harder and harder. Provincial capitals are all busy attracting large companies. This is my chance. If I don’t seize it, I’m doomed.” Huang Youwei sat down in his chair, furious, without saying a word.
Lu Feng still wanted to help him. He sighed, recalled the automotive industry in Beijing, and said, "There is an Italian car company that is quite good. While others make sedans, they can make high-end minivans."
"Which company?" Huang Youwei looked up, his enthusiasm rising.
“Iveco!” Lu Feng said in a deep voice, “You can contact them and introduce them to the domestic market. Sales will definitely be good. If we lack partners, Jiafeng can set up an automobile company and form a joint venture with Iveco.”
"I've never heard of this brand!" Huang Youwei said with some doubt.
“Their car company positioning is different from other car companies. I am very optimistic about them. Don’t you believe my business acumen?” Lu Feng said confidently.
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