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Chapter 376:Get rich by trick

Soon after Feng Xiaochen arrived home, Feng Hua and Feng Shuyi also returned home from work.Everyone put the wine and vegetables on the table, distributed the dishes, and divided the host to take a seat, and the welcome dinner of the Feng family began.

Feng Xiaochen is the younger generation of the family, and the Feng family naturally does not need a solemn ceremony to welcome him.Although Yang Haifan is regarded as an equal generation with Feng Xiaochen, but one is older, the second is an outsider, Feng's elders are very polite to him, frequent toast.Yang Haifan also answered and thanked one by one, and the process of this did not need to be detailed.

After the three rounds of wine, everyone gradually talked about the right thing, Feng Xiaochen to Yan Leqin, Feng Hua and Feng Shuyi introduced their intention to engage in construction machinery, as well as the harvest of the trip to Hong Kong Island.Regarding the construction machinery, he had already talked to them by letter and phone call and harp, and at this time just introduced the details again.But the matter of Hong Kong Island has just happened, before it is possible to inform them, at this time to say, several elders heard it is amazing.

"Imperial University of Technology graduates, the level is certainly very high!"Yan Leqin said with emotion, "Go back and look at the paper published by Zhang Guodong to see what he has done."If such an expert is given to you as a chief engineer, this matter will be a little eyelid.”

"These are the trees that Grandpa planted, and now we can take advantage of the cold."Feng Xiaochen said.

"Your grandfather always cared about others, and like this, he used to do a lot in Germany.Some of the people he helped, and they took good care of me and your uncle."The harp.

Feng Hua does not know much about technology, but is very interested in investment.He said: "You can convince Zhang 90% to invest in you, this is a great thing.In recent years, Zhang 90% has done a good job in Hong Kong Island and has a small name in the international capital market.With his HK$150 million, I can also help you raise some funds in the European market, and I dare not say that ten or twenty million US dollars should still be promising."

“If so, that would be great!”Feng Xiaochen rejoiced.Bankers have always been poor and rich, like to do icing on the cake, do not like to do things in the snow.Zhang 90% promised to inject capital into Chenyu Company, which is equivalent to an endorsement of Chenyu Company's credit, and other bankers have the courage to invest.Conversely, if a company is not favored by a bank, other banks will not consider investing in it because they feel that the company lacks credit.

Feng Xiaochen first asked Zhang Guodong as the chief engineer, and then went to Zhang 90% for financing, which is equivalent to using Zhang Guodong's credit.Of course, his experience in reinstallation, the success of Chenyu Bearing Company, and his identity as Shen Rong Confucian disciple are also part of his credit, and with these, he can make Zhang 90% excited.

With the investment of 90% of the chapter, and then with the help of Feng Hua's contacts in the European financial market, we can also bring more funds for Feng Xiaochen, which is simply a typical case of empty gloves.

"With Zhang 90% of HK$150 million, plus the $102 million that Uncle Sam helped me raise, I can almost have more than $40 million in assets."This money is insignificant compared to the construction machinery giants of Europe and the United States, but as a starting capital, it is barely enough.”Feng Xiaochen said with a smile.

In 1984, the official exchange rate of the US dollar in China was 100 US dollars to 232 yuan, and 40 million US dollars was almost equivalent to 100 million yuan, which is a large amount.However, if you want to build a construction machinery company that reaches a certain scale, the investment of 100 million yuan can only be regarded as barely enough.

"Worse, $40 million, but a small amount of money, can you hold it?"The harp asked with some concern.

Feng Xiaochen smiled, “Grandma, when I reinstalled, the companies I contacted at least have hundreds of millions of assets, and the district of 40 million US dollars is nothing.”

Feng Hua shook his head: "Your experience of reinstalling is not enough."You’ve said in the past that the nature of your work is basically just doing some coordination between companies, not really running a business.With this experience to manage a multi-tmillion dollar business, the risk is still relatively large, you must have a clear mind."

Feng Shuyi Bai Bai Feng Hua looked at Feng Hua and said with dissatisfaction: "What do you say, I think there is no problem in managing a large enterprise."Think about it, when the first time I came to Germany a few years ago, there was nothing.But a few years later, he now has two large enterprises with assets of millions of yuan, don't you think he was born to be a brilliant businessman?"

Feng Hua laughed and said to Feng Zhichen: "Your aunt is right, Xiao Chen, you and your grandmother are just giving you some reminders, you must not be intimidated by our words."In fact, I have been paying attention to the Chinese market in the past two years, I think, the Chinese market is still a seller's market, all kinds of industrial products are in short supply, as long as you can produce, sales is not too difficult.Such an opportunity is a once-in-a-lifetime opportunity for an investor, so I'm in favor of taking the risk."

Feng Xiaochen smiled and asked Yan Loqin, “Grandma, are you also in favor of me taking this risk?”

Yan Loqin pretended to face on the floor and said, “I don’t agree with what else to do?”I am old, your uncle and aunt have the final say, and they both approve of you, am I against usefulness?However, Xiao Chen, I can tell you that after your company is running, you should be more fluent with your uncle and aunt, after all, they have market experience and can give you some guidance."

"Of course that is."Feng Zhichen responded well.

If it was a few years ago, Feng Xiaochen proposed to borrow tens of millions of dollars to start a business, Yan Loqin, Feng Hua and others would definitely not support it, and it is impossible to help him finance.But now, there is a successful precedent of Chenyu Bearing Company, and Yanleqin has a little more confidence in Feng Xiaochen.In the past few years, Feng Xiaochen's ability, and the disproportionate stability of his age, have surprised his grandmother and uncle as far away as Germany.

Feng Xiaochen did not dare to discuss this matter with his parents, because the investment of tens of millions of dollars will definitely make them afraid to sleep.And Yan Loqin, Feng Hua their psychological capacity is much stronger, after all, they have been living in Germany, but also have seen some of the world.They reminded Feng Xiaochen to pay attention to risks, but they had already done a risk assessment for Feng Xiaochen, and they knew that this matter was still more certain.If not, Feng Hua will not help Feng Xiaochen continue to raise funds.

Speaking of the problem of risk, Feng Hua also said: "Wise, for the business strategy of this enterprise, how do you think about it, also say it to everyone to listen to it."

Feng Xiaochen nodded and said, “Okay, uncle.I think so, China's large-scale infrastructure construction will last at least 30 years, the construction machinery market is very large.At present, there are many domestic construction machinery enterprises, but most of them are relatively small in scale and products are relatively backward.Domestic engineering enterprises need high-performance construction machinery, but the domestic can not provide, to import and subject to foreign exchange restrictions, this is our opportunity.

My intention is to aim at the international advanced level, to provide performance and technology close to the imported machinery products to the domestic market, in the price is between the existing domestic machinery and imported machinery, so as to achieve import substitution.When I was on Hong Kong Island, I talked to Zhang Guodong about some technical ideas, and he said that he could do it completely.As long as we have a relatively high starting point, the majority of our counterparts in the country will not be a threat to us.”

“The idea is good, to maintain the technical lead and to achieve import substitution is indeed a good strategy.”That way, you have a competitive advantage and don’t have to fight price wars with other companies.”Feng Hua praised.

Feng Shuyi said: "Whising Chen, back you want to make a list of the products you intend to do, I will help you do a patent search, see if there are some expired patents, these patents you can directly take and use."

“Thank you so much for your aunt.”Feng Xiaochen.Nowadays, Chinese enterprises do not pay much attention to intellectual property rights, and many enterprises directly copy foreign patented technologies in their own products, and do not pay patent fees to foreign companies.Because China's level of internationalization is low, foreign companies are either too lazy to pursue, or can't do it, in short, there are not many lawsuits related to patents.

If Feng Xiaochen only intends to sell his own products in China, he can also temporarily consider the patent issue, but his idea is to enter the international market after the occupation of the domestic market, then patents and other issues need to be taken seriously.In this regard, Feng Xiaochen did not have much psychological pressure, he has a lot of future generations before the design concept, only waiting for Zhang Guodong to turn them into actual technology, and apply for a patent.With these patents beyond the times, he has to exchange patents with foreign construction machinery giants.

Feng Lingyu and Feng Lintao brothers sat next to each other, listening to Feng Xiaochen talk with his grandmother and uncle about the operation of hundreds of millions of assets, his heart can not help but produce a feeling of worship.The two brothers were not much different from Feng Xiaochen's age, and they did not think that this brother was remarkable, at best, they knew more German than they did.After a year in Germany, the gap has already been widened.The conversation heard today once again subverted their cognition, and they found that the gap between themselves and Feng Xiaochen was far from the gap in foreign language level and technology, and Feng Xiaochen's courage alone made them feel overwhelmed.

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