Extraordinary Genius Chapter 842 - Sudden invitation

Chapter 842 – Sudden invitation
Feng Yu hesitated. There are many benefits for being a member of the National Committee of CPPCC, and he felt if he was not this young, he might be treated as the next Superman Li, and become one of the leaders of the CPPCC.
But Feng Yu was too young, and if he becomes a member of the CPPCC, many people will take note of him. He still wants to stay low for the next couple of years. He does not want to be followed by reporters everywhere he goes. After all, Feng Yu’s achievements are more interesting than Superman Li and other top tycoons in the world.
In Feng Yu’s previous life, Feng Yu only knows a billionaire, Mark Zuckerberg, that is around his current age. Feng Yu was someone who built his wealth from physical businesses, and the whole world will surely take note of him.
It will be irritating when everyone is looking at him everywhere!
“Director Fang, thank you for the offer. But I am too young. Maybe I will join in a few more years. But if the country needs me, I will be around. I can even give up all my money for the country!”
With Feng Yu’s connections, even if he gave up all his money, he could easily get a loan to make a comeback.
Director Fang nodded. “Ok. I respect your decision. It is getting late now, and I need to go back. I will give you an answer to the beverage industry association. We will not let the people who made contributions to the nation down!”
After sending Director Fang back, Feng Yu returned to Wind and Rain building. He returned to China is to settle the beverage industry association issues. He does not want to see people dragging them back in their home ground when they were fighting with the big brands overseas.
Feng Yu will use political and commercial means to deal with those two Taiwanese companies.
Tongyi is one of Feng Yu’s major competitors. Tongyi have retail stores which they cooperate with Carrefour to start Tongyi Carrefour supermarkets, and Tongyi owns 40% shares of this joint venture. They stopped Tai Hua Supermarket from entering the Taiwanese market and Carrefour is making use of this company to target the Chinese market.
Tongyi is also producing milk tea in Taiwan. Most of the milk powder used in milk tea shops in Taiwan are provided by Tongyi. They also produce jelly, dairy products and sausage ham. They are the leading food manufacturer in Taiwan and are stronger than the Wangwang group.
Zhong Qingxian also wants to enter the instant noodles industry, and Beidacang is also thinking of producing instant noodles. Suppressing these two Taiwanese companies will give Chinese companies an advantage.
At first, Feng Yu told Zhong Qingxian to pick one of the two Taiwanese companies to cooperate against the other company. But now, they had fallen out with these two companies and they might as well suppress both and develop China’s domestic brand.
For instant noodles, there are two crucial aspects, the noodle’s texture and seasoning. Currently, there are not a lot of flavors in China’s instant noodles. Feng Yu suggested Zhong Qingxian produce a wide variety of flavors, like seafood, or focus on the noodle texture. Japan and Korea have the best instant noodles technologies, followed by Thailand and Vietnam. China’s instant noodles had been lagging behind these countries because of the noodle texture.
Other than instant noodles, there are instant starch noodles. Lehaha has many choices to make money easily.
In Feng Yu’s precious life, there are more than a dozen popular brands of instant noodles products, and all these brands were profitable. But Kang Shifu and Tongyi brands of instant noodles were selling the best and made the most profits.
One of the reasons why the other instant noodle brands were not doing as well as those two Taiwanese companies were because of their branding and distribution channels. But to Lehaha, these are not a problem as Lehaha’s brand awareness is higher than Tongyi and Kang Shifu in China.
……
After Zhu Shuangyin returns to his office, he called Tongyi immediately. But before he could notify Kang Shifu, his unit’s Commission for Discipline Inspection officers entered his office. “Zhu Shuangyin, we need you to come with us for an investigation now.”
Zhu Shuangyin dropped the phone’s receiver on the floor. I am arrested for bribery?!
Tongyi group acted immediately after receiving Zhu Shuangyin’s call. They contacted the Beverage Alliance to plead guilty and claimed Kang Shifu was the one behind everything. They were willing to pay the compensation and wanted to remain in the alliance.
Of course, Tongyi is not willing to pay the full compensations. They still tried to use their connections to offset the settlements and promised to change. They hope they don’t have to pay the compensations and vowed to double their compensations if they did this again.
Kang Shifu was shocked to know Tongyi had stabbed them in their backs. Damn! We had agreed to cooperate against the alliance, and you back out without telling us! You still push all the blame to me? What are you trying to do?
At this time, both companies received a notification, demanding their person in charge to give their account on Zhu Shuangyin’s bribery case.
The two companies’ person in charge were shocked. Chairman Zhu is arrested for bribery? No wonder they could not contact him for the past two days.
The other government officials who wanted to speak up for these two companies immediately chose to keep quiet. It is not a secret to why Zhu Shuangyin was arrested. These two Taiwanese companies are too dangerous to get involved with them!
There was no way these two companies can explain themselves. Zhu Shuangyin, an idiot, had kept evidence of the bribery, and those two companies could not deny it. So, both companies received a hefty fine, and this incident was even reported on CCTV news.
The brand image of these two companies was tarnished. All the distributors wanted to return their goods, and the Taiwanese companies had to pay them a large sum of money to calm them. But they realized the orders for the following month had dropped drastically.
Articles against Taiwanese companies started to appear in the papers and caused a more significant impact on their profits.
Feng Yu was the one behind all these and was the one who gets those distributors to refund their goods. After all, most of these distributors are also long-time partners of Tai Hua trading.
Feng Yu did not ask the distributors to stop selling these two brands. He only asked them to create some trouble for them. This had caused the sales of these two Taiwanese brands to drop, but the distributors were not affected much. The two Taiwanese companies were the ones suffering losses.
These two Taiwanese companies finally saw Feng Yu’s overbearing tactics. This was a combination attack, and there was no way for them to retaliate. They had made a wrong decision and the outcome was too severe for them to handle! The companies tried to ask the Taiwanese government for help, but they were wrong in the first place. There was no way for their government to help them.
Feng Yu showed everyone his power. Work with me, and we will make money together. If you try to play these petty tricks behind my back, you will be dead first!
The cohesion in the alliance became better after this incident, and it is easier for Feng Yu to work with the rest of the companies. The empty shelves after those two companies were kicked out, were shared equally with the other brands.
Time passes quickly, and the Olympic Games are about to start!