Extraordinary Genius

Chapter 213: Conquer Li Mingde

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Feng Yu became the first vice president of the machinery company and director of the motorcycle branch. When this appointment was made, no one was surprised. WwW.XsHuotXT.com

The Feng family has become the largest shareholder of the machinery company, and Xiangjiang shareholder Fu Guangzheng has a better relationship with Feng Yu than the city. I heard that during the shareholders’ meeting, he clearly supported the Feng family. If Feng Yu hadn’t proposed it, I’m afraid Li Mingde, a mechanical The position of the general manager of the company must also be given up.

Now only the power of the motorcycle branch has been completely handed over, but the general manager of the machinery company is still Li Mingde. They all believe that this is the result of the city's pressure on Feng Yu.

Feng Yu became the director of the motorcycle branch. It was not over yet. The management of the motorcycle branch underwent a major change. The original positions of secretary, deputy secretary, deputy factory director, office director, etc. were all removed. Two workshop directors were promoted to deputy factory directors, and the finance department was completely replaced by Feng Yu. The only leader of the original motorcycle branch that has not been replaced is the union chairman who is waiting to retire.

Feng Yu thinks that this man has done a good job. He dares to fight for the interests of the workers, and he is not greedy for power or money. He even dares to compete with Li Mingde. Although he is a bit old-fashioned, he is very decent and has great prestige among the workers. With this person in charge, Li Mingde couldn't dictate to the motorcycle branch when Feng Yu was away.

The motorcycle branch couldn't afford to lose the secretary position all at once, so the union chairman also served as the branch secretary. But anyone with a discerning eye can see that the position of secretary does not have much power in the motorcycle branch. It is just that the factory needs an old leader to take charge.

These personnel appointments also made other people in the machinery company understand that this is no longer the era of Li Mingde speaking out. If Li Mingde is the emperor of the machinery company, Feng Yu is the emperor!

A large office was also prepared for Feng Yu in the office area of the machinery company's main factory, and there was no need to talk about waste anymore. Feng Yu readily accepted. He is a person who likes to enjoy himself.

These personnel appointments completely ignored the opinions of the city, but the city was still helpless. Leaders removed from machinery companies. Li Mingde was not allowed to continue his placement in the machinery company in order to keep his position. Choosing to support Feng Yu, he personally went to the city to tell Guan that those people had been transferred to other state-owned enterprises as idle positions, and this was probably the case for the rest of their lives.

The day after the shareholders' meeting, Feng Yu came to talk to Li Mingde. The next step in the development of the machinery company was very important. Feng Yu must ask the machinery company to increase its research and development of agricultural machinery. Experts from the Soviet Union were invited. Isn't it a waste of money to let them sit idle every day

There is another goal, which is to conquer Li Mingde!

"Mr. Feng, I understand what you are saying, but the city takes away most of the profits every year. Where do we have the money for technological innovation and new product research and development?" Li Mingde no longer dared to call Feng. Yu's name, let alone Xiao Feng. He now knows exactly who has the final say in this company!

Li Mingde hasn't been just dawdling all these years, of course he understands. The importance of technology in companies. The rise of machinery companies is not due to the advanced technology that leads domestic peers.

The company originally had a technical department, but there were no competent experts in it. What they are best at is dismantling other people's advanced agricultural machinery and then imitating and manufacturing it. But if we want them to innovate or even innovate, I'm sorry, we can't do it!

The company has external experts related to the Soviet Union, but these experts are too troublesome. Not only do everyone need a professional translator, but each one is bigger and bigger than the other. It is too difficult to just direct them and ask them to do research and development every time. He would ask for money without even making a budget.

At first he also gave money. But what he produced was completely unsatisfactory to him. Later, the city started extracting profits like crazy, so it would be good if the company's funds could keep running. There is simply no money to continue investing in research and development.

Feng Yu frowned. It turned out that it was not Li Mingde who was short-sighted, but some leaders in the city who were short-sighted.

"Who is in charge of the State-owned Assets Supervision and Administration Commission? Have you not told them that if this continues, the market share of the machinery company will decline, and it will return to the old path of decline?"

Li Mingde hesitated for a long time, then lowered his head and said: "Deputy Mayor Xu is in charge of the State-owned Assets Supervision and Administration Commission."

Oh no, it turned out to be him.

Li Mingde then explained the situation, and then Feng Yu understood.

Deputy Mayor Xu can be said to be Li Mingde’s best friend. Without Deputy Mayor Xu’s recommendation, Li Mingde would not be where he is today. Last year, Deputy Mayor Xu was competing with Zhang Ruiqiang for the Executive Deputy position. Of course, he needed to show impressive political achievements, that is, the income of the industries and the State-owned Assets Supervision and Administration Commission that he was in charge of increased a lot. For this reason, he almost drained the funds of many state-owned enterprises. .

But the Provincial No. 1 is very clear that these are not the work of Deputy Mayor Xu. It was Zhang Ruiqiang who led the company to purchase advanced Soviet equipment and technology from bank loans, not to mention the restructuring of the most successful machinery company in the city. It was also Zhang Ruiqiang. Responsible, so although Deputy Mayor Xu created an image of a surge in state-owned enterprise income last year, it still failed to make him go further.

"I said that all the income was distributed as dividends last year, so that's what happened. What about this year? He won't do it again, right?" Feng Yu asked.

"It seems that he still thinks so. I heard that the director of the Provincial State-owned Assets Supervision and Administration Commission may retire early."

Damn it, take our credit and gain political achievements for yourself, completely ignoring the development of the company. Is this kind of person worthy of being in a high position

Feng Yu waved his hand: "This year's machinery company's profits must be set aside at least 20% for technology research and development, 20% for capital reserves, and the remaining 60% can be distributed to shareholders as dividends!"

Li Mingde was shocked and withheld 40% of the profits? Feng Yu is too brave, the city will definitely not agree!

"Mr. Feng, you can't use 20% for technology research and development, can you? And you can't use that much for financial reserves, or you don't need them at all. There won't be any financial problems with the machinery company."

"If the city leaders are dissatisfied, they can ask them to come to me!"

Li Mingde secretly complained in his heart, you are not afraid, but what about me? I am just the general manager of a machinery company appointed by the city. If I offend the superiors, what should I do if they remove me

You have shares and are still the major shareholder. If I leave the machinery company, I won’t even be able to get a good position! How easy it is for you to say, let the city leaders come to you. You are not within the system. Can I tell the leader this

Li Mingde had already stabbed a little straw man with a steel needle in his heart. Feng Yu's name was written on the little straw man's face.

Feng Yu patted Li Mingde on the shoulder and said in a tone of lecturing the junior: "Old Li, are you afraid that you will be dismissed? You still haven't changed your mind. We are now a joint-stock company. The shareholders have the final say. The city says It doesn’t matter. If the city transfers you, you can choose to stay without pay, or simply go to work, and I will hire you to be the general manager of the machinery company!"

Now Li Mingde is the most suitable general manager. Feng Yu didn't push him out at the shareholders' meeting. If there was a change in the city, Feng Yu would hold another shareholders' meeting.

Li Mingde's eyes brightened: "Mr. Feng, do you really mean what you say?"

Feng Yu rolled his eyes at Li Mingde: "I'm so busy every day, do I need to tease you? Work hard from now on, I won't treat you badly."

Looking at Li Mingde's grateful eyes, Feng Yu knew that Li Mingde was slowly turning to his side. (To be continued.)

ps: Thanks to Emperor Oniwu and book friend 150914040225304 for the reward, and thanks to xu_robin for the monthly ticket. Why is it that my chapter likes are o? Does anyone give Laosi a thumbs up~~

This is the third update today, there will definitely be another update at 6pm