Many sales representatives from factories came to look for Feng Yu. They were there to negotiate deals with Feng Yu. Some of them are contacted by Feng Yu and some are the contacts, Li Shiqiang got from his friend at the cooperative.
These people came like a swarm of flies once they heard that
there is a company doing wholesale for their products.
Feng Yu had a silver tongue and with some small tricks, he
managed to fool these salesmen. He got the products at a very lower price and
all of them agree to collect payments two days after Feng Yu loaded the
shipment.
Only three factories require some partial down payments.
These three factories are state-owned enterprise and they must collect down
payments.
Down payments? Feng Yu sneered. He changed the down payment
to deposit!
Deposit and down payments are completely different in China.
Deposit means the goods are reserved. According to the contract, one party must
pay the other party double the deposit amount. For down payment, it means that
the deal is finalized. If one party breaks the contract, he would have to
compensate the other party double of the full amount. Feng Yu is not that
stupid to be fooled!
Feng Yu only knows what Kirilenko probably wants. However,
the quantity is not confirmed yet. If there are slight differences in the
quantity, Feng Yu is confident that these factories will not pursue any
compensations from him as he is considered a big customer and there will be
future orders from him. Even if there are compensations, Feng Yu can also
afford.
If it is a down payment, then Feng Yu still have to pay the
full amount of the goods which Kirilenko does not want.
These salesmen were very surprised by Feng Yu’s ability to
take note of these wordings. They did not expect someone so young to be so
alert. Feng Yu is not easily fooled. But they still agreed to sign the revised
contract. The provisions of the new contract are very clear and precise on the
responsibilities of both parties. The date of payments is also clearly stated.
Do think the state-owned factory salesmen are very honest.
They will also seek compensations and block people’s door for payments. Of
course, in this era, it is uncommon to go to court for compensations. So, both
parties must be careful and if they did not receive any payments, they will not
do the loading.
The reason for Feng Yu’s request making payments the day
after loading of the goods is to create a reliable impression. After a few
deals, he will be able to get a longer credit term with these factories.
When that happens, there will be no need for Kirilenko to
come over personally. With just a phone call, Kirilenko can order the types and
quantity of goods and Feng Yu will just send it over. Kirilenko can make
payments after he received the goods.
At that time, Feng Yu’s International trade can be
considered officially started. He can use a small amount of money to do trading
of large quantities of goods.
On the third day, those goods had reached Bing City. Some of
the factories’ warehouse is not big enough to store them and are sent directly
to Tai Hua Company’s warehouse. Feng Yu’s warehouse quickly filled up, stacking
to the brim.
During this time, Li Shiqiang is still trading Treasury
Bonds. Although Treasury bond prices had raised a little in Bing City, the
price in Shen City is still higher. Li Shiqiang can still earn a bit from the
differences in prices.
Feng Yu let Li Shiqiang carried on doing this business. He
knows that once more cities opened up the trading of Treasury bonds later in the
year, this trade will hit the peak.
But to travel between cities every day is too tiring. Feng
Yu would have quit a long time ago. The last trip almost tired him to death and
the smell on the train is unbearable.
Feng Danying also complained about Li Shiqiang several
times. Because of his traveling, they had little time to meet up. However, Li
Shiqiang just smiled. Feng Yu had told him that this trade can only last until
around June next year. Once most cities opened up Treasury Bonds trading, the prices
between cities will stabilize.
While there are still differences between cities now, they
must grab this opportunity to make money. After next year, there will be no
more money for them to make.
Li Shiqiang also has good news for Feng Yu. His comrade had
told him that the Government is replacing a batch of old cars. The Government
had already purchased new cars. However, the city is disposing the old cars in
batches of at least three cars and are not selling to individuals.
Feng Yu raised his brows and said: “This is not a problem.
Isn’t it only just three cars? We will just buy three cars. One Jeep and two
Lada. We can always sell one of the Lada away. I do not believe there are no
buyers for such good cars!”
There are no problems with the conditions of these disposed
government cars. These cars were all properly maintained and there is
absolutely no problem with the cleanliness. Once they got the cars, they can
just send them for an overhaul and it will be as good as new. There will be no
problems selling it.
“Xiao Yu, three cars can be too expensive. The Jeep is still
fine. Only around 10,000 RMB. Lada cost at least 40,000 to 50,000 RMB. Do we
still have enough funds in the company?” Li Shiqiang said.
Feng Yu had thought that since most commodities are cheap in
this era, everything else is also cheap. He had forgotten that cars are much
more expensive compared to his time in his previous life. This is especially so
for imported cars. The prices are outrageous.
There are enough company funds. Their business deals are
worth millions but Feng Yu had only used 60,000 RMB as deposits. He only needs
to make the full payments after loading the goods. There are still about
hundred thousand RMB in the company’s account.
“So, what if it is expensive. We are not short of money!
Later, you will drive the Jeep during Summer and Lada during winter. This is
the company’s benefits to the top management. Brother Li, help me get a license
too.” Feng Yu said.
“You can drive?” Li Shiqiang looked at Feng Yu in
astonishment.
“Psssssssssssst ~ ~ ~ It’s only driving a car. At our farm,
any family who owns a tractor will know how to drive. Don’t worry. Later we
will find an empty lot and I will show you my driving skills.” Feng Yu said.
“If we get two cars, will Uncle Feng be angry?” Li Shiqiang
hesitated.
“If you don't say and I don't say, how would he know? Money
earned is to be spent. Don’t you want to drive a Lada?” Feng Yu replied.
Feng Yu is a person who likes to live a good life. If he can
drive a good car, of course, he will drive one. If he is not short of money
now, he will buy imported cars such as Mercedes and BMW!
“Well, I'll go talk to my comrade and see how much it costs
to for the three cars. He is working there and I will ask him to pick three of
the better ones.” Li Shiqiang said.
Brother Li, treat him to a dinner and give him a red packet.
Don’t be stingy. Give him 100 RMB.” Feng Yu said.
100 RMB? That is more than a one month's salary. But Li
Shiqiang nodded. He knows that this money cannot be saved.
Li Shiqiang acted quickly. As Tai Hua Company is the first
company which wants to buy the cars, the City government gave them a good price
and even allow Li Shiqiang to choose from the fleet.
Most of these cars had not been used much. It was a waste of
these cars as the City is not using them and not assigning them to the
villages. Even when the City is getting new cars and there is a shortage of
cars in the villages and small towns, the City still chose to sell these cars.
Li Shiqiang’s comrade had informed him in advanced There are
two 70% new Lada and an 80% new Jeep. But they are too dirty and people seldom
use them.
Li Shiqiang pretended to check every car by opening the
hoods. But in fact, he is looking for the markings his comrade left for him.
“I want this, this, and this one. Where do I make the
payment?” Li Shiqiang said.
Feng Yu was taking a nap when he woke up by the sound of car
horns. He looked downstairs and saw the three cars.
Finally, he can seat in a sedan. He had enough of that
broken Jeep!
This era, driving a Lada is comparable to driving an
imported sports car in his previous life.
Now It’s time to go for a ride!