Li Xuelan contacted Chen Zhengchang, the owner of Panda Express Restaurant, over two days and agreed to meet with him at 9 a.m. on May 5.
Li Guangyu learned from the information that Chen Zhengchang is from Baodao and has been running fast food restaurants for almost ten years. However, he has not made any aggressive development. Currently, there are only a few fast food restaurants in California.
Because Chen Zhengchang was in San Francisco, Li Guangyu and Li Xuelan rushed to San Francisco on the afternoon of the 4th, accompanied by Du Yonghong and others.
The next morning, Li Guangyu came to the office of Jufengyuan Company. The reason why it was called Jufengyuan was because both Panda Express Restaurant and Jufengyuan Restaurant were previously opened by Chen Zhengchang.
When Li Guangyu and Li Xuelan walked into Jufengyuan Catering Company, the administrative staff at the front desk asked: "Sir, Madam, what can I do for you?"
Li Xuelan said to him: "We have made an appointment with your chairman to meet at nine o'clock."
The executive said: "You must be Mr. Li Guangyu and Ms. Li Xuelan. Our chairman has already told us that please come with me and I will take you to the chairman's office."
Li Guangyu met the founder of Panda Express Restaurant in his office. He was currently about thirty years old, and he was now in his prime.
"Mr. Li, Miss Li, welcome to your arrival." Chen Zhengchang said.
At the same time, Chen Zhengchang said to the administrative staff: "Xiaomei, go and deliver a pot of tea to the two guests."
Li Guangyu said: "Chairman Chen, thank you for meeting with us."
"Mr. Li is too polite. I wonder what the purpose of Mr. Li's visit is?" Chen Chen Zhengchang really didn't know what the purpose of Li Guangyu's visit was.
Yesterday, he received a call from Li Xuelan that Li Guangyu was coming to visit him, and he also checked out the news about Li Guangyu. He admired Li Guangyu very much. Even now, he cannot be as successful as Li Guangyu, let alone Li Guangyu.
Not yet eighteen years old.
Li Guangyu said: "Chairman Chen, the reason why I visited you today is because after having a meal at your Panda Express restaurant in Los Angeles a few days ago, I had some ideas that I wanted to share with you."
Chen Zhengchang was puzzled by this. As far as he knew, Li Guangyu was not currently involved in the catering business, nor did he own any company related to it. Considering Li Guangyu's expansion pace over the past year, could it be that Li Guangyu was preparing to enter the catering industry.
"Mr. Li, please tell me if you have any ideas." Chen Zhengchang said.
At this time, he remembered the knock on the door, and Chen Zhengchang said: "Please come in."
I saw the administrative staff who just came in with tea, poured a cup of tea for several people, and then left.
Li Guangyu said: "Chairman Chen, I feel that your restaurants are doing pretty well, but the number is too scarce at the moment. There are only a few in California."
"Mr. Li, due to the company's financial problems and the company's strategy of seeking stability, we have not expanded in a big way. I think we will gradually expand the number of our restaurants in the future." Chen Zhengchang replied.
Li Guangyu and Li Xuelan investigated the situation in Jufengyuan and were quite clear about Chen Zhengchang's company situation.
"So Chairman Chen, do you currently have any plans to introduce external funds?" Li Guangyu asked.
When Chen Zhengchang heard that Li Guangyu didn't say anything, he knew that Li Guangyu was interested in Jufengyuan Company, but this was his hard work for many years and he had no intention of letting it go.
"Mr. Li, I have no plans to introduce external funds at the moment. Our company's current profits are enough to support the company's development."
Li Guangyu was not disappointed. No one wanted to casually let others invest in a company he had run for many years, and he was also worried about whether he could keep his controlling interest in the company.
Li Guangyu said: "Chairman Chen, we all know that your competitors KFC and McDonald's are rapidly expanding across the United States, and it is difficult for your company's profits to support such expansion, right?"
Chen Zhengchang certainly knows what Li Guangyu said, but even so, it is not a reason for Li Guangyu to take over Jufengyuan. You must know that if he expands like KFC, he will definitely not be able to maintain his controlling interest in the company with the funds invested.
"Li Sheng, I think the current development of my Jufeng Garden is pretty good, and there is no need to expand rapidly to various states in the United States like KFC." Chen Zhengchang replied.
Seeing that he was unmoved, Li Guangyu also felt that it was a bit tricky. If Chen Zhengchang just held the company to slowly make profits to support development, Li Guangyu would not be able to start.
At this time, Li Xuelan said from the side: "Chairman Chen, I know you are worried about losing control of the company after introducing Li Sheng's funds. On this issue, I don't think you need to worry too much. Li Sheng's companies always have many
, he doesn’t have that much energy to manage the catering company.”
After listening to Li Xuemei's words, Chen Zhengchang still did not agree to Li Guangyu's request to invest in the company. Because even if Li Guangyu lets him manage the company now, who knows what will happen in the future, he still feels at ease that the company is in his own hands.
Chen Zhengchang said: "Thank you Mr. Li for your concern for our company, but currently our company does not have any plans to introduce external funds. If our company has such a plan in the future, we will definitely inform Mr. Li first."
When Li Guangyu heard what Chen Zhengchang said, he knew that what he came here for today had failed.
Li Guangyu said: "Chairman Chen, you can think about it. I will be in the United States this month. If you are willing to introduce funds, you can contact me at any time."
Chen Zhengchang said: "Okay, Mr. Li, I will think more about this."
Li Guangyu knew that this was Chen Zhengchang's excuse, so he said to him: "Chairman Chen, then we won't disturb you."
After Li Guangyu and Chen Zhengchang said goodbye, they left Jufengyuan Company with Li Xuelan.
After returning to the car, Li Xuelan said: "Li Sheng, depending on the situation, Chen Zhengchang does not want us to take over his company. What should we do next?"
"It seems that Chen Zhengchang is similar to our Chinese family. They are not willing to let others take control of their family business, and there is nothing to be disappointed about. It's me, and I don't want to. Look, I don't have a firm grasp on my company.
Is it in your own hands?" Li Guangyu said.
Li Xuelan also knows a lot about the affairs of the major families in Hong Kong. When it comes to enterprises that are developed by themselves, the Chinese can rest assured that they have control in their own hands. Li Guangyu's several groups can obviously go public, but Li Guangyu is unwilling.
Li Xuelan said: "So Li Sheng, what should we do next?"
"Ignore it for now. We will visit Los Angeles first, and then prepare to go to Santa Clara to see how Tianfan Company's preparations are going," Li Guangyu said.
As for the catering industry, Li Guangyu is not too anxious now. He only thinks about whether he can buy shares after eating at Panda Express Restaurant so that he can enter the catering industry. If not, then he will talk about it later. Li Guangyu's current company
With so many things to do, he didn't have time to set up a catering company himself.