Shen Dong said: "Old man, now is not the right time. Let's talk about the investment after Xiaguo's economy and Tengfei Technology Company have grown to a certain stage."
The old man looked at Shen Dong steadily and said, "Are you worried that we will take over your position?"
Shen Dong smiled and said, "It's not that I'm taking over someone else's nest, but the government can't come up with that much money. A lean camel is bigger than a horse. The total market value of the Japanese technology companies I acquired is about 10 billion US dollars."
"After these companies move inland, it will be impossible to achieve any results in a short period of time. To be honest, I am ready to invest 25 billion US dollars in it over the next five years. All profits generated during this period will be invested in research and development."
"That is to say, if the government wants to hold 15% of the shares in Ascendas, it will have to pay at least 3.5 billion US dollars within five years. For 20%, that would be 7 billion US dollars."
"Old man, given Xiaguo's current situation, I'm afraid it will be difficult to hold on."
The old man was silent for a while, then shook his head and smiled bitterly, "It's true that a penny can make a hero fall."
Shen Dong said, "I know what you are worried about. You can rest assured that no matter how far Tengfei Technology develops in the future, it will always be a company of Xia Country. I am sure that in five years, Tengfei Technology will be able to pay no less than 2 billion US dollars in taxes to the government every year."
The old man nodded and said, "I will personally call the local government to protect your Tengfei Technology Company. I hope that in my lifetime, I can see the day when Tengfei Technology leads the world trend."
Shen Dong smiled and said, "I promise you will be able to see it. Oh, there is one more thing I want you to do me a favor with."
The old man was stunned and asked, "What's the matter?"
Shen Dong said: "You know that I have set up a Tengfei Charity Foundation in Yandu, which invests 200 million yuan every year in Xiaguo's education."
The old man's face looked a little grim, and he said in a deep voice: "Did any government official reach out for these donations?"
Shen Dong quickly said: "It is true that there was a small incident, but it has been dealt with."
The old man turned to look at Liu Hui, and Liu Hui quickly recounted what had happened at the Tengfei Charity Foundation.
"Why didn't you report to me?" the old man asked sternly.
Liu Hui gritted his teeth and said, "We think this is a small matter and you don't need to worry about it."
"Nonsense."
The old man said: "The establishment of the Tengfei Charity Foundation has caused a strong response at home and abroad. With 200 million yuan in donations every year, I don't know how many eyes are watching. Once a scandal occurs, the charity cause of Xia Country will suffer a heavy blow. Let alone other things, just talking about overseas Chinese, who will dare to donate to China in the future?"
Liu Hui nodded and said, "You are right."
The old man glared at him fiercely, then turned to Shen Dong and asked, "Xiao Shen, I promise this won't happen again. If you have anything you want me to do, just ask."
Shen Dong first cast an apologetic look at Liu Hui, and then said to the old man: "I would like to invite you to be the honorary president of the Tengfei Charity Foundation."
"what?"
Before the old man opened his mouth, Liu Hui couldn't help but let out an exclamation.
This Shen Dong is really too bold.
Let the old man be the honorary chairman of the Tengfei Charitable Foundation, and then the Tengfei Group will be able to dominate the country in the future.
Chapter 610 The old man agreed
The old man smiled and said, "Xiao Shen, you are really good at business. If I become the honorary chairman, will it be equivalent to the image spokesperson of your Tengfei Group?"
Shen Dong said, "Of course not. Old man, I'm going to tell you from the bottom of my heart that I really want to do something for Xiaguo. However, many good things change beyond recognition due to various reasons. After the expansion of Tengfei Group is over, I will use 3% of the profit for charity every year. Don't underestimate this 3%, this money can at least exceed 500 million US dollars. If there is no powerful person to protect me, I will definitely not do it so recklessly."
The old man said, "You mean that in the future, the annual revenue of Tengfei Group will be more than 16 billion US dollars."
Shen Dong nodded and said, "No more, no less. Because the annual profit of the shares of the companies I control overseas alone should be able to reach nearly 10 billion US dollars. Adding the profit of Tengfei Group, 16 billion US dollars will definitely be no problem."
The old man sighed, "You are really rich enough to rival a country. So, Boss Shen, if I am willing to be the image spokesperson, how much endorsement fee are you prepared to give me, an old man?"
Shen Dong stretched out a finger and said, "How about 100 million Xia Yuan?"
The old man sneered and said, "You are looking down on me. Liu Hui, how much do you think my endorsement fee is worth?"
Liu Hui said: "One hundred million US dollars, and it's a friendly price."
The old man laughed and said, "One hundred million US dollars is a bit excessive, but at least two or three hundred million Xia Yuan should still be worth it. How about this, Boss Shen, if you donate 500 million to the Tengfei Charity Foundation every year, I will be your image spokesperson."
Shen Dong touched his nose and smiled bitterly: "Old man, you are too cruel, aren't you? In this era, 500 million Xia Yuan is enough to build 10,000 Hope Primary Schools. It is estimated that the problem of schooling for poor children across the country can be solved in two years."
The old man took a sip of tea and said, "Isn't this great? First, use two years to solve the school problem, and then change direction and do other things. When you donate 500 million US dollars a year, you can do more. I really want to know when you can donate 500 million US dollars a year?"
Shen Dong stretched out his hand and said, "Five years later. If it's not enough, I'll make up for it myself."
The old man slapped his thigh and said, "Okay. I can be the honorary chairman of the Tengfei Charity Foundation, but you are not allowed to use my influence to benefit yourself. If one day I can no longer protect it, before I die, I will let someone who can protect this foundation continue to be the honorary chairman. The prerequisite is that you are sincere in doing charity."
Shen Dong said solemnly: "I will."
The old man picked up a cup of tea and said, "That's settled then."
Shen Dong touched his lips and said, "It's settled."
After taking a sip of tea, Shen Dong suddenly came back to his senses and said, "That's not right. I don't think I have agreed to donate 500 million in the first five years."
"puff"
Liu Hui couldn't help but burst out laughing.
The old man also laughed and said, "I've already drunk the tea, what's the point of you talking about this anymore?"
Shen Dong was completely speechless.
After chatting for more than an hour, Shen Dong saw that the old man was a little tired, so he took the initiative to say goodbye and leave.
The old man gave Shen Dong half a pound of his treasured Wuyi Mountain black tea and five boxes of special liquor.
On the way back in the car, Shen Dong had a bright smile on his face.
Although he spends an extra 300 million yuan on charity every year, for Shen Dong, being able to have the old man become the honorary chairman of the Tengfei Charity Foundation is still a sure-win business.
With this business card, as long as it is legal and compliant, Tengfei Group's investment in the inland will be green-lighted all the way, and no one will dare to make things difficult for it.
When Li Xinxin learned about this, she jumped up excitedly.
"Hello, Mr. Shen, I heard that you came to Yandu. Do you have time to visit our textile factory?"
Chu Feng, the director of Tengfei Textile Factory, called Shen Dong.
This guy, who was known as the most useless person in the Chu family, changed his previous carefree attitude and became extremely serious and hardworking after becoming the factory director.
Under his management, the entire textile factory underwent earth-shaking changes in production efficiency and mental outlook.
After the new production line was put into operation, the quality of the fabrics produced by Tengfei Textile Factory was much better than before. It not only met the needs of Tengfei Garment Factory, but also 20% of the fabrics were sold to other clothing brand companies.
Last month, the company achieved a profit of 60 million, which was a perfect answer for Shen Dong.
Shen Dong smiled and said, "Of course I will go. How about this, you send a car to pick me up at Diaotai Hotel at 2 pm. I want to personally experience the operation of Tengfei Textile Factory."
Chu Feng said happily: "No problem, I'll bring a car to pick you up later."
After having lunch with Li Xinxin at Diaotai Hotel, Chu Feng arrived with a convoy.
Also coming with him were Chen Yongren, who had been busy building a garment factory in Yandu, and Xiao Ma's future wife, Achan.
Seeing the three people coming in, Shen Dong laughed and said, "Are you three playing together?"
Chen Yongren pointed at Chu Feng and said, "Brother Dong, Sister Chan and I are following Young Master Chu now."
Ah Chan smiled and said, "Brother Dong, you have to reward Young Master Chu. He not only made the textile factory flourish, but also helped Ah Ren and me a lot. Otherwise, the project in Yandu would not be so smooth."
Chu Feng waved his hands quickly and said, "No, I can't bear your praise. Also, can you please stop calling me Young Master Chu? It sounds a bit harsh to me now."
Shen Dong laughed and said, "That's right. In the past, we called you Young Master Chu because you were a child of the Chu family. People complimented you for the Chu family's sake and it had nothing to do with you personally. Now it's different. You have your own business and you have more than 10,000 employees working for you. Even without the Chu family's halo, you can still be independent. So, when you hear someone calling you Young Master Chu, you feel sorry for your hard work."
Chu Feng gave a thumbs up and said, "Mr. Shen, you are absolutely right."
Chen Yongren asked, "Then what should we call you from now on? President Chu or Director Chu?"
Chu Feng raised his eyebrows and said, "I like the title of factory director."
Chen Yongren smiled and said, "Okay, I'll call you Director Chu from now on."
Chapter 611 Soul Bar
After a few jokes, Shen Dong took out a check and handed it to Chu Feng, saying, "Rewards for merit and penalties for mistakes. Director Chu, A'ren and A'chan have already reported to me that the garment factory and hotel projects can be constructed so quickly, and you have played a great role in it. Especially at some key nodes, you played a very big role in promoting it. In addition, the transformation and production of Tengfei Textile Factory are more than two months faster than originally planned, and this is all thanks to you. This three million Xia Yuan is a reward from the company to you. I hope you can achieve better results in the future."
"three million?"
Chu Feng looked down at the number on the check and exclaimed, "Isn't this too much?"
Ah Chan laughed and said, "Director Chu, if you think it's too much, you can give some to Ah Ren and me."
Chu Feng immediately put it away when he heard it, and said, "No way. Mr. Shen, am I the only one who got the reward?"
Shen Dong said: "At this stage, it's just you. Ah Ren and Ah Chan need to wait until the Tengfei Garment Factory and Tengfei Hotel are officially operational and their performance is evaluated as qualified before they can be rewarded."
Chu Feng said proudly: "It seems that I am still quite good."
Shen Dong said: "Don't be narcissistic. Let's go for a walk."
Ah Chan asked, "Where's Sister Xin? Isn't she going?"
Shen Dong said: "Xinxin went to the Tengfei Charity Foundation. She is busier than me."
Half an hour later, everyone arrived at Tengfei Textile Factory No. 1.
After the three major textile factories merged into Tengfei Textile Factory, in order to distinguish them, the previous system was used and they became Tengfei Textile Factory No. 1, No. 2, and No. 3.
Shen Dong personally visited the workshop and expressed his cordial greetings to the employees on the production line.
Of course, gifts of comfort are indispensable.
The workshop workers were all very excited when they saw the big boss Shen Dong.
Of course, this was not because of how high Shen Dong’s prestige was in their hearts, but because Shen Dong offered them a much higher salary than before.
After visiting the three textile factories, Shen Dong took a look at the Tengfei Garment Factory.
Half of the workshops have already started production, and the other half will take half a month to start operation.
Shen Dong asked, "Aren, if all the production lines are running at the same time, how many clothes can be produced in a month?"
Chen Yongren said: "About 20 million pieces. This production capacity is the highest in Asia."
Shen Dong asked: "Can the Xiaguo market be saturated?"
Chen Yongren said, "It's far from enough. Although we are already the number one clothing brand in Xia Country and occupy 50% of the market in low-end and mid-range clothing, our sales are limited to cities, and the rural market has not yet been fully developed. We plan to find agents in major cities and towns to extend Tengfei Clothing's low-end brand to rural areas."
Shen Dong nodded and said, "It's still the same four words, small profits but quick turnover, occupying the market is the most important."
Chen Yongren said: "I understand."
Shen Dong asked: "What about high-end clothing?"
Chen Yongren said: "Sales are not very good, and the market share is less than 5%. Now that major international clothing brands have begun to enter the market, our sales environment has become even worse. Brother Dong, our intention is to separate the high-end clothing segment and no longer call it Tengfei."
Shen Dong immediately understood what he meant and said, "You think Tengfei's low-end clothing has lowered Tengfei's high-end brands, right?"
Chen Yongren said: "That's right. High-end brands are a symbol of status and must be distinguished from mid- and low-end brands. Otherwise, many customers will feel that they are in the same class as ordinary people."
Shen Dong said, "You are right. I didn't think it through. You two can discuss what to do. When the time comes, give me a detailed plan."
Chen Yongren said: "I understand."
Ah Chan looked at the time and said, "Brother Dong, it's getting late, let's go eat first."
Shen Dong hummed and said, "Okay. Tomorrow morning, I'll check out the construction of the hotel and museum, and in the afternoon, I'll go to the Forbidden City to see the treasures that the experts have collected for me."
Chu Feng said: "I heard that among your treasures, there are more than 30 national treasures. Can I go with you to see them?"
Shen Dong smiled and said, "Of course. Director Chu, now that we are in Yandu, are there any activities tonight?"
Chu Feng said: "This is a must. After dinner, I will take you to the Soul Bar."
Shen Dong said: "Soul Bar? This name is quite arbitrary. Is there anything special about it?"
Chu Feng said: "The owner of the Soul Bar is a famous singer, and his friends will go on stage to sing almost every night. Those who can go in are either big stars in the entertainment industry or big bosses from various industries. Many second-generation officials and rich people in Yandu like to go there to play."
Shen Dong smiled and said, "To put it bluntly, this Soul Bar is just a social place!"
Chu Feng nodded and said, "You can say that."
Shen Dong said, "Okay, I have nothing to do at night anyway, so I'll go see what the difference is between the bars in Yandu and the bars in Hong Kong Island."
Chu Feng went to the Tengfei Charity Foundation to pick up Li Xinxin, and invited the four of them to have a meal in a courtyard alley.
After having a good meal and a few drinks, Li Xinxin and Achan, who had no interest in the bar, made an appointment to go shopping.
Chen Yongren immediately dispatched eight bodyguards to follow them and protect them.
These bodyguards were all from Tengfei Security Company. Since their home was near Yandu, Shen Dong asked them to come back to work.
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