Extraordinary Genius Chapter 831

Extraordinary Genius

Chapter 831 - Fu Guangzheng's decision

Feng Yu was right. Only 9 companiessubmitted the registration forms. Of course, the companies do not includethose, like Lehaha, Jianlibao, etc. who had agreed to partic.i.p.ate beforehand.

These 9 companies include juice,carbonated, tea, and mineral water products. Among them, 2 companiesmanufacture mineral water. One of them, Wu Dalian Spring, is a subsidiary ofBeidacang Group, and the other is Yangsheng Tang's Farmer Springwater. Thesetwo companies were famous in Feng Yu's previous life.

Wu Dalian Spring was established muchearlier, but its sales were average. After all, the Chinese were not interestedin spring water, and the furthest the company could sell their products wasBeijing. Farmer Spring Water was newly established, and it is a new brand. Itsproducts were not even sold in China.

Yangsheng Tang saw Le Bashi and Lehaha'sdistilled water were selling well and decided to set up a new brand of mineralwater to compete.

"Everyone, please sit down. Each of us mustprovide a reason why the company should be selected or not selected. After all,this will affect everyone's benefits." Feng Yu pa.s.sed the registration forms toeveryone and let Zhu Xinli, w.a.n.g Guangxing, and the rest make the selection.

"Tongyi and Kang Shifu should be selected.Although they were instant noodles manufacturers, their red tea and green teabeverages taste good. Furthermore, this will improve China's relationship withTaiwan. They might even get some subsidies from the higher-ups." w.a.n.g Guangxingsaid.

Anyway, w.a.n.g Guangxing's Coconut TreeCompany does not produce tea beverage. He doesn't mind letting these twocompanies competing with Lehaha, Le Baishi, Jianlibao, etc.

"This Wudalian Spring water is fine too.Their spring water is clean and is beneficial to health. The foreigners arehealth conscious, and they should like this brand." Zhu Xinli said.

"Since Wudalian can enter, that meansFarmer's Spring Water should also be selected. If not, we will only have amineral water brand." Zhong Qingxian said.

No one in the meeting mentioned w.a.n.g Laojiand Feng Yu sighed. Never mind. Since w.a.n.g Laoji still has not established afoothold in China and the scale is pathetically small, he will have to wait alittle longer.

After these drinks are successfullymarketed out, they can talk to other brands. If not, everything will beuseless.

The eliminated companies were because theirbrands were unknown or their products were the same as Lehaha and the rest. Forexample, that Yili Company which produces dairy products and Rising Sun Group.Zhong Qingxian, He Boquan, and the rest strongly oppose these companies to jointhe alliance and eliminated them.

"These are the companies selected by us tojoin the beverage alliance. Next, we will be talking about the variety ofproducts under all of you. Some of your companies have more than one brand, andwe need to choose the brands and products carefully." Feng Yu looked at everyone.This elimination process will affect each member's benefits and he does notknow how they will choose.

"Lehaha's Qili, Vitamin train, ice teabeverage, and refreshing series must be in this alliance." Zhong Qingxian said.

"Jianlibao's sports drinks and teabeverages must also be in." Li Jingwei immediately says.

"Le Bashi's dairy drinks, peppermint water,and tea beverages must be in."

"Our Coconut Tree brand will use ourcoconut water to partic.i.p.ate." w.a.n.g Guanxing said directly. He wanted to see ifwhat Feng Yu said is real.

"Our Huiyuen will use our ConcentratedFruit Juice series. But I hope our future new products can partic.i.p.ate in thefuture." The shelf life of regular fruit juice is not long, and Zhu Xinli canonly use its fruit concentrate products. Furthermore, their fruit concentratewas sold in Europe in the past, but their sales were pathetic.

"Alright. That's settled. Qingxian, you goand notify these few selected companies and tell them about our regulations. Ifthey can't afford the marketing fees or cannot catch up with the production,tell them to withdraw. Also, there is a 1-month credit for the payment of theirgoods. The companies who were tight on their finances can forget it."

"Ok. Leave this to me." Zhong Qingxiannodded. He was the first to know about this alliance and Lehaha had expandedtheir production and have sufficient funds. They were the first company to beready for this alliance, and this is why they can use so many products topartic.i.p.ate.

……

Fu Guangzheng is deep in his thoughts inhis study. He had helped Feng Yu contact the sales distribution channels in theUS when Feng Yu wanted to enter the US retail market. This was to establish a closerrelationship with him.

But it is different now. Once Feng Yu opensup the retail market of Europe, Wind and Rain Electronics, Wind and Rain HomeAppliances, etc. will no longer be handed over to Fu Guangzheng's company tosell, and this is a significant loss for him.

Although the profits of Wind and RainElectronics and Wind and Rain Home Appliances will increase and Fu Guangzhengcould get more dividends from his shares in these companies, but the increasein profits is nothing compared to his losses.

Fu Guangzheng had used his family'sdistribution channels to cooperate with Feng Yu, and his trading company madelots of money. Feng Yu's products also reached many countries in Westerncountries.

But once Feng Yu established his owndistribution channels, Fu Guangzheng will no longer be relevant to him.

Fu Guangzheng is in a dilemma now. If herejects Feng Yu, they might fall out. He can get to where he is now is mainlybecause of Feng Yu. Because of his cooperation with Feng Yu, his status in hisfamily and his a.s.sets increased. If not for Feng Yu, he might still be buyingand selling antiques and will be one of those useless second generations inHong Kong.

If Fu Guangzheng agreed to help Feng Yu,his trading company would be severely affected. Wind and Rain Electronics andWind and Rain Home Appliances products were the primary sources of income forhis company.

Fu Guangzheng knew Feng Yu very well. FengYu might seem to be joking all the time, but once he set his mind on something,nothing will change him.

"Guangzheng, why are you sitting here forso long? You didn't even hear me calling you." Fu Rongjin entered the study roomand patted his son's shoulder.

"Dad, I am thinking about something."

"Is it about your trading company? Is FengYu going to take back the distribution rights?"

Fu Guangzheng looked at his father inshock. "How do you know?" He had never told anyone about this, and this wasonly between him and Feng Yu.

"Only this matter will trouble you. If itis you, will you set up your own distribution channels? This will happen sooneror later, and you should have thought of this earlier. Since he wants thedistribution channels, give it to him. You should also help him by introducingthe distributors there." Fu Rongjing said.

"I still have to help him? Shouldn't I makethings difficult for him and then take back the distribution rights from him?The profits from this is not a small amount." Fu Guangzheng was unwilling togive up the profits.

"Without Feng Yu's products, your companycannot sell other company's products? You can use Wind and Rain's sales resultsin the overseas market as your company's achievement and show it to thecompanies who wanted to expand overseas. I believe Feng Yu will not reject you,and you can be the overseas distributor for various companies. Furthermore,Feng Yu wants to set up his own distribution channels and will need someone tohandle it. You can help him take charge of the sales and can't you ask for someshares in return? Your company might suffer some losses, but you will gain morein return. Think about it."

Fu Rongjing patted his son's shoulder againand left the study room. Making this decision might cause Fu Rongjing'sbrothers some losses, but his son will gain in the long term.

Fu Guangzheng brightened up and knew what he should do.