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Extraordinary Genius Chapter 804

Chapter 808 – Grain depots become Warehouses

Feng Yu knew that Zhang Ruiqiang might have thought of something from his expression.

“Our Tai Hua Trading’s newly rented warehouse was formerly grain depot. It was used to store soybean oil.” Feng Yu smiled.

Grain depots were used to store grains and cooking oil. Tai Hua Trading had rented a warehouse that was formerly used to store soybean oil.

“You are saying telling me to let you rent the whole grain storage?” Zhang Ruiqiang stared at Feng Yu.

“You want to let us rent half of it?” Feng Yu rolled his eyes.

Zhang Ruiqiang knew that the grain depot in the city was not full. When the State Administration of Grain was still around, this grain depot had never been full. During that time, the country was poor, and people do not have enough to eat. There was no way for them to store grains for emergency.

But the depot was at least half full. Zhang Ruiqiang does not know that the depot had been rented out. Government subsidies for grain storage were given to the provincial government in advance.

The higher-up’s requirement for Longjiang province to have a backup of 60 million KG of grains and 10,000 tons of cooking oil. This requirement had been lowered. In the past, the requirements for the Longjiang province was 85 million KG. But due the bountiful harvest in the past few years, the requirements were lowered.

The reserve grains were used to regulate the grain prices. Once the prices of the grains in the market fall below the minimum price, the Provincial Government will buy the grains and keep as a reserve. If the market prices rise too high, the government will sell off their reserve to lower the prices.

The subsidies for this grain depot include interest subsidies, transportation subsidies, price difference subsidies, etc. All these subsidies were given out by the Provincial Government. The government will not care if there is a surplus. But if there is a shortfall, the provincial government will interfere.

Feng Yu was telling Zhang Ruiqiang to increase the grains reserve? No. Feng Yu was hinting that the grain reserve is insufficient!

Feng Yu saw Zhang Ruiqiang’s face turned black and asked. “You don’t know about this?”

“I do not know about this in the past. But now, I know. It seems like I need to conduct a thorough investigation!”

Feng Yu immediately say. “You all can go and investigate all you want. We have paid the rental and signed the lease agreement. If we are not allowed to rent those warehouses, you all must compensate us 3 times the rental!”

“I will use other warehouses to exchange with you!” Zhang Ruiqiang retorted. 3 times the rental? You might as well go rob the bank!

Feng Yu nodded. “That’s more like it. I will provide you a list. You can investigate based on the list.”

Zhang Ruiqiang stares at Feng Yu. “How many grain depots did you all rent as warehouses?”

“Not a lot. You should also know that our Tai Hua Food products are also selling animal feeds. We need warehouses that are damp-proof and fire-proof. Grain depots are the most suitable. We have basically rented most of the grain depots in the province. You can check it base on the list, and it will save you a lot of trouble! Also, don’t try to confiscate my animal feeds in those depots. I will also promise you that I will not use our grains to pretend to be those depot’s reserve.”

Zhang Ruiqiang’s eyes were twitching. “Pretend to be reserve? I know how to inspect those depots. This is not a small problem!”

During the depot inspection last year, there were no issues. So, the people there can make use of other people’s grains to pretend as reserves. After the check is over, the grains will be ship away. This is a severe breach!

“That’s right. All the rental contracts for the various depots are the same. The Government must settle this for us. We are taxpayers and victims.” Feng Yu said.

“I will settle your warehouse issues. Give me the list immediately!” Zhang Ruiqiang gritted his teeth.

“Why are you shouting at me? I am not the one who lied to you.”

“You dare to say your rental of those depots is not lower than the market price? You dare to say that you don’t know that the depots are all empty? You will make up for the difference in the warehouse rental!” Zhang Ruiqiang shouted furiously.

Feng Yu knew about the grain storage, and how can he not know that there are problems with the Provincial grain’s reserves?

“Fine, fine, fine……. I will make up the difference. Do I look like I lack money? You talk like I am purposely taking advantage of the government. If I don’t tell you about this, will you know?”

Feng Yu also did not know about this in the first place. He only found out about the warehouses after Zhang Ming and Wu Zhigang rented those warehouses. Were the rentals much lower than regular rates? Not really. They only rented those warehouses because they were damp-proof and fire-proof. Feng Yu will not do anything illegal just to save some money.

Secretary Liu heard Feng Yu and Zhang Ruiqiang shouting in the office and quickly ran in. What happened? How come they are arguing suddenly?

“Manager Feng, I will get you a new cup of tea.” Secretary Liu looked at his boss and wonders what had happened.

“Brother Liu, your leader is too much. I am helping him, and he turns around and blame me for it.” Feng Yu took a big gulp of tea.

“Fine. I have wronged you. Happy?” Although Zhang Ruiqiang was frustrated, he still apologized to Feng Yu.

“Eh… Alright. I forgive you. Brother Liu, this tea taste nice. Help me pack some. I want to bring it back to my father.” Feng Yu replied.

“Manager Feng, this is only ordinary tea leaves. You can afford all the tea leaves in the world. Stop joking with me.” Secretary Liu said. Why does this Manager Feng always want to bring something back whenever he comes?

“It is different. My father does not like the tea leaves I bought. But he will love it if I tell him that I got the tea leaves from our leader.” Actually, Feng Xingtai was the same as Feng Yu. They do not know anything about tea. Their impression of tea was ‘the tea drank by the leaders must be a good tea.’

“Let him bring back that tin of tea leaves. Pack up and prepare the car.” Zhang Ruiqiang said.

Secretary Liu was not surprising that the leader was willing to give Feng Yu his best tea leaves. But why does the leader need the car? This is not in today’s schedule. From Zhang Ruiqang’s expression, something terrible must have happened.

That conman was arrested, and someone had gone over there to settle it. Why is the Leader going there too?

5 minutes later, Feng Yu walked out of Zhang Ruiqiang’s office with a tin of tea leaves. Many people saw him and greeted him. Feng Yu returned their greeting with a smile. He feels like he is a Leader in the City Government now.

Many people in the City Government were discussing Feng Yu. Zhang Ruiqiang and Feng Yu were very close. Every time Feng Yu walks out of Zhang Ruiqiang’s office, he will be bringing some of Zhang Ruiqiang’s personal collection out. But this was also because he is Manager Feng. No one else can do this.

After boarding his car, Feng Yu immediately call Zhang Ming and Wu Zhigang to tell them to prepare the list of their rented warehouses. They must also be prepared to move out of those warehouses.

Feng Yu had done what he was supposed to. He had already reminded Zhang Ruiqiang, and that’s all he can say.

Author’s PS: There are somethings which cannot be written. I had deleted a lot of contents even when all the information was released by the government. That’s why you all might feel this chapter ended abruptly.

Extraordinary Genius

Extraordinary Genius

超品奇才
Score 8.6
Status: Ongoing Type: Author: Released: 2015 Native Language: Chinese
A failed investor from 2017 got drunk and woke up in the 1980s. China is just opening up, and the economy is blooming. There is also the dissolution of the Soviet Union, the bursting of the Dot-com bubble and other financial crisis. He used his knowledge of the future and slowly build up his empire.

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