Chapter 841: Jinhu Business

Zhang Ke appeared mainly because he met Cui Wenyi and Chen Rongkun, and he would not discuss in depth for a short time after the night banquet. He would say goodbye and leave after a short stop.

Cui Wenyi did not stay at the Jianye Hotel. The General Equipment Department had an entertainment hotel in Jianye. He insisted that he and the officials from the General Equipment Department and the National Defense Science and Technology Bureau who attended Jianye this time were staying at the entertainment hotel.

In the car, Yu Heng asked his father: "Whether to pick up Xiaoman, I don't know when I can talk, so I didn't ask Xiaoman to go to Jianye Hotel with us?"

"Forget it, it's not too late to see the girl tomorrow. The family stays in a hospitality hotel. Do you ask the hotel to charge the room fee or not? It's not appropriate to send a car to take her back to school..." Cui Wenyi said.

"Fortunately, our Xinhua News Agency also provides subsidies for business trips," Cui Yuheng said helplessly, "Otherwise, are you planning to let me pay for the hotel for myself?"

"Your situation is special, don't argue with me," Cui Wenyi said seriously, "What do you think of him if you invite Zhang Ke to dinner in the afternoon?" Cui Wenyi didn't have much opportunity to contact Zhang Ke. They would be too cautious when informal meetings at this level, and they always try it out easily. He asked his son Cui Yuheng to invite Zhang Ke to dinner in the afternoon, which was considered as a substitute for him to observe Zhang Ke carefully.

"The cleverness of a young man can't show why Jinho can rise miraculously," Cui Yuheng said. "Take this plan as an example, I rarely see anyone in China with such a profound strategic vision - he is only twenty years old, and Jinho was founded four years ago. At that time, he was just in the first year of high school. I thought I was very mature and disgusted with you and my mother in charge of everything. I started writing the first love letter, but I ended up hiding it in my schoolbag for a month and let my mother read it first..."

"I'm not trying to listen to your messy things," Cui Wenyi smiled, and was very pleased that his son could talk to him about some big stories in such a peaceful tone. "I heard Zhang Ke first, but I didn't see him. Today I saw it with my own eyes. His words and behaviors gave people a perfect feeling, with a quiet and elegant temperament. The fragmented impressions obtained from the information became vivid after seeing him... The first meeting made others have this impression of him, and it also shows that he is very skillful."

"Why are you so cautious?" Cui Yuheng stood up and refilled himself with a glass of water.

"The military will not directly participate in this plan, but in various complex interests, there is no more effective and feasible plan than this. In 80, RB established a non-ferrous metal mineral resource stability and supply policy review meeting on the global resource distribution, production and consumption, supply conditions, supply country industrial concentration, RB's dependence on foreign countries, supply risk countermeasures and crises. In 82, RB established the Special Metal Reserve Association, which started the reserve system from the private sector, and in 85, RB launched a national reserve base. China's work in this regard is far behind other countries, and it doesn't even know when it will be delayed. Rare earth mineral resources are now being destructively opened to local governments.

How can the military stand by when mining is taken away as garbage? But these still need to be unified in the central government at the economic level, not only mineral resources with abundant natural reserves in China, but also resources that are highly dependent on foreign countries, such as oil and iron ore, need to be prepared early. The military cannot directly interfere with the central government's decision-making at the economic level, nor can it be decisively prohibited from exporting rare metal products such as rare earths. Even if it has this determination, the complex interest relationships entangled in the rare earth industry by local governments, mining enterprises, central ministries and commissions, etc. cannot be straightened out simply by orders, and not to mention that the international influence and pressure cannot be ignored - the plan proposed by Kumho is probably the most powerful means at this time."

"Are you worried that the General Equipment Department will use it for Kumho?" Cui Yuheng asked, "The resistance to this plan is definitely not small, but there are 516 cases and Zhangzhou cases that can block the mouths of many people. Once you miss the opportunity, the difficulty of doing this can be doubled - can you not seize this opportunity?"

"Everyone's heart is bright in his heart, and Chen Rongkun was unwilling to accept it and retreated to the second line. But Jinhu's demands are more vague, and it seems that everything can be discussed and anything can be conceded. Most of the funds required for planned operations are provided, but only for less than 15% of the shares, the shareholding ratio seems to be further compressed."

"When did you follow the conspiracy theory?" Cui Yuheng asked with a smile, "I think the problem is very simple. First of all, the rare metals are widely used in optoelectronics and information technology. One of the work that Kumho has worked hard in the past two years is to strengthen research on optoelectronics and basic information technology. Although the country, including our country, are very short-sighted in basic research, others cannot look at it for a long time and find it strange. Also, when this plan is implemented, the benefits that can be directly obtained are also considerable. Even if you only occupy a small part of the shares, the future returns will far exceed the efforts at this time. This plan must be implemented as soon as possible, and all parties must provide the resources they need as much as possible. Kumho can only provide financial support in the form of corporate debt, otherwise who would tolerate Kumho to participate?"

Zhang Ke invited Sun Shangyi and Jiang Wei to return to Xuefu Lane of Youth Apartment. Ye Jianbin and Ye Zhenmin have not yet returned to their residence in the city, so they followed them together.

It started raining at this time, and everyone sat around the tea room on the rooftop garden, listening to the dripping sound of raindrops hitting the sun panels.

"Chen Rongkun proposed in the afternoon to integrate all the state-owned investment parts in the plan into a joint foundation, which is probably the opinion of the State Council..." Ye Jianbin said that tomorrow's meeting will continue, and some issues will be discussed overnight.

"Oh," Zhang Ke responded, without any particular surprise. He asked Ye Zhenmin with a smile, "It's not surprising that Jinhu cannot have too many ambitions. Second Uncle, don't you think so?"

"This joint foundation integrates all the state-owned assets into it, and it is impossible to have only one voice," Ye Zhenmin said with a smile. "Have you been prepared like this long ago? You have encouraged Jiangnan Province to integrate all the scattered rare earth mining companies into a large provincial company. This will be equivalent to enhancing Jiangnan Province's influence in this foundation, and the local interests are not always consistent with the central government."

"The integration of upstream resources is a must. On the other hand, Kumho has no hope of competing for this dominance," Zhang Ke explained. "It is in line with the national interests that can promote the work as soon as possible. Kumho will choose to be consistent with the fundamental interests of the country, but sometimes it will use some small means, which is also worried that others will exploit loopholes in the system... Besides, our ambitions are not limited to this," Zhang Ke smiled and said to Ye Jianbin, "Tomorrow I will exchange opinions separately with Liang Weifa; in addition, can you go to Dongda University to personally pick up Cui Guoheng tomorrow, and I will take your car to the venue..."

Cui Guoheng is very in-depth in studying the economic model of RB comprehensive trading companies. Some things, especially some plans, must hurry up and exchange views with him before they are officially implemented. Tonight, although Zhang Ke has identified his identity, he has no chance to have in-depth contact with him - Cui Guoheng left with Lu Wenfu tonight.

Cui Guoheng and Lu Wenfu found a Japanese-style winery at night, and chatted until late at night before leaving. They learned from Lu Wenfu that the deep connection between Zhang Ke and former deputy secretary of the provincial party committee and governor Xu Xueping over the years, as well as the rise trajectory of Kumho that is unknown to outsiders and the existence of Haiyu Company.

When they separated in front of the Japanese-style cafe, Lu Wenfu smiled and said, "You didn't expect Dongda Hidden to be so evil, did you?"

Cui Guoheng shook his head and smiled bitterly: "Isn't it that you're hiding it so hard?"

"What is the benefit of telling you these things?" Lu Wenfu said with a smile, "Some people would rather pretend not to know this kid."

Cui Guoheng knew what Lu Wenfu meant, and smiled, then broke up and returned to his residence on the Dongda University campus.

The next day, Cui Guoheng received a call at home saying that Ye Jianbin came to pick him up in person to attend the morning seminar. Cui Guoheng was waiting for Ye Jianbin's crown car downstairs. He was a little surprised to see Zhai Danqing get out of the car and help him open the door, but then he thought about it. It was normal. Maybe senior managers from Jinhu or Sheng Xin came to Dongda University to further their studies. In recent years, the students recruited by Dongda University's Master of Business Administration are all business people who have achieved success in society.

"Director Cui will be surprised to see me, right?" Zhai Danqing smiled faintly and helped Cui Guoheng open the car door. "The company I worked in before belonged to Century Kumho. Because I was going to attend the intensive class at Dongda University, I also served as a temporary assistant for Zhang Ke during this period..."

Cui Guoheng got into the car and saw Zhang Ke also in the car.

Ye Jianbin, who was sitting in the front row, turned around and said to Cui Guoheng: "Did President Cui think that there would be such a monster hidden in your State-owned Business Academy?"

Cui Guoheng remembered that Lu Wenfu said this last night, and smiled and described Zhang Ke as a demon. When the whole school teacher and the students were still admiring Du Fei, Meng Le and others for entrepreneurship at school, who would have thought that there was such a big giant crocodile hidden behind him. He smiled and said: "It's said that it's big and hidden in the city. If I had known it before, it wouldn't be a hiding thing. But in the future, I can't be the teacher in the school," he said to Zhang Ke, "I'm afraid there are not many people in China who can be your teacher in the field of economics and academics..."

Zhang Ke smiled and said, "Although I am a lazy student, I have caused a lot of trouble for Dean Cui in school. You can't just stop recognizing me as a student just because I'm causing trouble, right?"

Cui Guoheng shook his head and smiled, and said nothing.

Since he knew Zhang Ke’s identity, the most troublesome thing about Cui Guoheng was that Zhang Ke would continue to hide in the State-owned Business Academy. What attitude should he contact him? Just as Lu Wenfu said, what would be the benefit of knowing his identity before he could!

Cui Guoheng thought that Principal Li Hongming might already know Zhang Ke's identity, and several things that should have alarmed the school. Li Hongming, who usually pays more attention to power, refused to deal with it. But after Zhang Ke said this, Cui Guoheng felt a little relieved, and he was worried that Zhang Ke would be too strong and would embarrass his future situation. He would rather see Zhang Ke less on campus now.

"It's still early, are we taking a bus around Dongda?" Zhang Ke said again.

Cui Guoheng thought that Zhang Ke had something to say, so he naturally had no objection. Although the fog was lifted, he was full of more doubts about Zhang Ke.

"Chen Rongkun proposed to integrate all the state-owned capital part in the plan to form a joint foundation. Through the joint foundation and cooperate with Kumho to implement the plan, the dominance will be transferred to the hands of this joint foundation - this is probably the central government's intention. If they want to fight, they will let them go. In terms of domestic monopoly resources, Kumho is too strong and always attracts suspicion," Zhang Ke said, and his tone changed again, as if he was talking about another irrelevant thing. "Since this year, Kumho has a small scale and seems to have a relatively large development opportunity in the consumer electronics industry. I am considering Kumho's future development space and competitors' issues... But one thing we cannot deny is that Kumho currently has a relatively large development space in China. Cross-border competition is our most deadly weakness..."

"Kumho's DMP technology has a pretty good market prospect abroad..." Cui Guoheng said. He had been paying attention to Kumho for a long time and would take some time to study Kumho's success. He felt that Zhang Ke's words seemed a bit self-deprecating.

"Kumho was the first to research digital audio players, which is a special example. Let's take a closer look. Not many of the core technologies in digital audio players belong to Kumho himself? Kumho's actual international competitiveness is really unremarkable..." Zhang Ke said, "In the future, in the cross-border competition, the first competitor that Kumho encountered in Asia is Samsung Electronics, Sony Electronics, Korean electronic manufacturers these days, but these days, Korean electronic manufacturers do not exist in isolation. They participated in the construction of a complex large-scale industry and large-scale trade system that integrates industry, education and research. The most typical of this model is Mitsui Consortium. Mitsui Consortium's comprehensive trading company model is based on Mitsui Products. Of course, Samsung Products' ability to learn RB is not bad, supporting HG rods to be considered

The proud Samsung consortium... If Kumho does not consider the factors behind Japanese and Korean electronic manufacturers such as Samsung Electronics and Sony Electronics, and wants to eventually surpass Samsung Electronics and surpass Sony Electronics in cross-border competition, it may only become a joke. Kumho's layout in the consumer electronics industry is already a big deal, but it is fundamentally based on the upstream fields of the entire industrial chain, equipment manufacturing, electronic semiconductor materials, etc. We don't even have the opportunity to enter now. I have considered it over and over again, and I also feel that only by developing the comprehensive trading company model can we stand at the same strategic level as Japanese and Korean manufacturers, and we can surpass them... This is also my original intention of considering introducing the RB comprehensive trading company model. It is not to help the central government introduce the RB comprehensive trading company model, but to develop the comprehensive trading company model itself."

Cui Guoheng couldn't help but feel shocked: his ambition actually wanted to develop Kumho into a large consortium with super industry! The ambition at the age of 20 is really surprising.

Zhang Ke continued: "Kumho received 4 billion from the Hong Kong securities market last year, but he also used 7788, and there was not much left. On the one hand, the funds we have are very limited. On the other hand, we want to develop the RB comprehensive trading company model and get the support of the state in terms of policies. The possibility is extremely small. We can only tailor it to do something. It is a coincidence with Zhou Jinxi in the lecture hall. However, seeing such a big problem in the rare earth industry, I was thinking that the current situation and scale of the rare earth industry may provide us with a practical opportunity..."

Cui Guoheng thought to himself: Is Zhang Ke going to say that what Jinhu wants to do much more than this? It’s really an extraordinary ambition!

"It's just practice. Even if we have done so much work in this practice, the central government will always take over the dominance..." Ye Jianbin sighed slightly, feeling a little regretful. Chen Rongkun proposed to establish a joint foundation on behalf of the State Council. The candidates for the joint foundation are naturally from the official. Chen Rongkun's tone of pulling up the relationship last night was quite obvious. He probably wasn't willing to retreat to the second line and only used the form of a think tank consultant to make use of his remaining energy.

Zhang Ke asked Cui Guoheng: "What do you think, Dean Cui?"

"The domestic system is like this, and it seems difficult for private capital to do a great job in it," Cui Guoheng replied truthfully, and did not cater to Zhang Ke's idea of ​​the overall development pattern of Jinhu. "On the other hand, the Asian financial crisis has put the HG economy in trouble, and it has also made the central government be afraid of it. It will definitely not easily promote the large-scale development of the comprehensive trading company model in China... The rare earth industry is likely to be approved by the central government because of its special status and small scale."

"If we insist on copying the model of comprehensive trading companies in China, is it possible to design a path to break through the limitations of the existing system?" Zhang Ke asked, "Even if we cannot get the final dominance of this plan, we will participate in it and will exert an influence that cannot be ignored."

"I won't talk about industrial policies for the time being. How to solve the problem of capital scale? The core function of comprehensive trading companies is to propose financing services. Promote the accelerated development of the industrial side of unbalanced development. The funds required are much larger than the daily operating funds of comprehensive trading companies. Generally speaking, comprehensive trading companies are centered on financial institutions such as banks. Needless to say, Japanese consortiums such as Samsung, Hyundai, LG, and Dayu do not directly affiliated with their own large commercial banks, but the HG government is extremely supportive of domestic enterprises' replication of comprehensive trading companies, and borrows foreign debts to these companies directly in the name of the country.

Providing loans of hundreds of billions of dollars is also the fundamental reason why HG is in a deep economic crisis this time..." Cui Guoheng said that although Kumho has the ability to bring huge capital of 4 billion from the Hong Kong securities market, these capitals are undoubtedly a drop in the bucket compared to the amount of capital needed to develop a large comprehensive trading company. Moreover, Kumho's several major moves in the past year have almost consumed these funds, and the country is simply unable to provide a private enterprise with tens of billions or even hundreds of billions of capital to help it develop its comprehensive trading company model - HG Samsung's debt scale has exceeded 20 billion US dollars for a considerable period of time.

When Ye Jianbin thought of Sun Shangyi and Ge Mingde's frequent activities in Southeast Asian Chinese business districts, he naturally would not just appease the hearts of Chinese and overseas Chinese injured in the Indonesian anti-Chinese riots. Gaining the favor and trust of the Southeast Chinese business group will solve the problem of fund hunger that Kumho is currently facing.

Regarding Cui Guoheng's question, Zhang Ke explained: "Kumho has also gained some trust from overseas Chinese business groups in the near future. Although it is impossible to obtain a large-scale fund immediately, there will be no problem to obtain tens of billions of financial support in the short term. After all, trust needs to be deepened in a certain degree - Kumho Mining. Of course, it is very likely that this is no longer the name in a few days. Kumho Mining's business focus is in China, and its business focus will not be dominated by Kumho. I would like to ask President Cui to be an advisor to Kumho Mining. It is also a bit in a very difficult situation. President Cui's research is important.

The point is abroad rather than in China. In order to develop the comprehensive trading company model, in addition to promoting the balanced development of domestic related industries, the most important thing is to strengthen the ability of cross-border competition. In addition, establishing Kumho Mining will also avoid the domestic rare metal resources suffering less losses in export trade. Some domestic shortage resources, such as oil and iron ore, should be imported from overseas, how to avoid suffering less losses? I will ask someone to provide you with all the information you can provide at present. I hope Dean Cui, you can serve as an advisor for the development of the comprehensive trading company in Kumho..."

Cui Guoheng did not agree immediately, frowned slightly, and said, "Can you read the materials first? It will be very difficult. I really don't have the confidence to be competent for the consultant."

"..." Zhang Ke nodded and said, "Kumho needs to form a real trading group, with a long way to go. There is no advantage in funding, talents, channel networks, and policy support. However, you have to grit your teeth and grit your teeth and take this step to make the sky wider. Some people may think that it will be inappropriate to implement the plan in the rare earth industry to put the name of "Kumho" in it. However, I have already registered the company name of "Kumho Commercial" in Hong Kong. Overseas companies are called Hong Kong Kumho Commercial Group. With Hong Kong as its headquarters, domestic companies will be headquartered in Jianye. What do you think?"
Chapter completed!