In terms of technical level, Changxing Machine Tool is the best in China and also the best in the international level.

Over the years, Changxing Machine Tool has been constantly insisting on maintaining high investment in R&D.

Maintaining high investment in R&D will naturally bring returns.

The emergence of Changxing machine tools has also broken the restrictions on high-precision machine tools in Europe and the United States on China.

Changxing Machine Tool is not only that, but also sells some machine tool equipment abroad.

For example, some countries that are not very much in dealing with the United States.

High-precision machine tools are very expensive in terms of price.

One machine can make the Changxing machine tool full.

Unfortunately, there are too few such countries in the world.

That is Persia.

Persia is still quite good in terms of industrial development and can produce a lot of things.

Han Songlin flipped the report and said with some surprise: "Did the total R&D investment of the entire group last year reach 700 billion?"

Zheng Lin: "Last year, the national R&D investment should be 1700 billion. We accounted for 42%."

Forty-two percent!

This is really a bit too exaggerated.

But, it's also a very normal thing.

Most of the companies controlled by Xinghai Group are companies based on technology.

Xinghai Group's R&D funds are composed of two parts: R&D funds of subordinate enterprises and R&D funds of Xingchen Institute.

The R&D funds of Xingchen Institute are generally directly derived from Xinghai Group.

Xingchen Academy will also cooperate with the outside world, and some companies will come to Xingchen Academy for commissioned research and development.

Commissioned research and development is also an important source of funding for Xingchen Academy.

Last year, Xingchen Academy received a total of hundreds of billions of commissioned research and development.

Of course, many achievements have been made.

In addition to commissioned research and development, Xingchen Academy also has commercial transformation of results.

In terms of commercialization, Xingchen Academy is the best among all research institutions in China.

Han Songlin: "Compared with previous years, this proportion has decreased again."

The more the proportion decreases, the higher the investment in scientific research in China.

"Boss, don't you keep saying that we can't do scientific research, so we have to come together."

Han Songlin: "The truth is really the same."

Han Songlin looked at the dividends that the affiliated companies of Xinghai Group were going to pay.

Xinghai Group's profits mainly come from Minsheng Bank, Fumanduo, Xinghai Securities and Fule Group.

One thing to say is Fule Group.

After continuous investment, Fule Group has also entered a harvest season.

For example, Tiananxiong Agriculture is the largest breeding enterprise in China.

Not only breed pigs, but also cattle and chickens.

As for the words of sheep, the field and animal husbandry agriculture did not involve it.

Tianmu Agriculture has established 230 breeding subsidiaries, 18 seed breeding companies and 25 slaughtering subsidiaries across the country.

Tiananxiong Agriculture is different from some domestic breeding companies. Tiananxiong Agriculture is "self-producing and self-raising".

Tianmu Agriculture basically does not purchase piglets, cowboys or chickens from the outside.

There is no mention of the cooperation between the company and farmers.

The entire breeding process is controlled by Tianxiong Agriculture itself.

This model makes the farming industry unfamiliar with heavy assets.

After all, all the breeding bases are owned by the field, animal husbandry and agriculture.

The breeding base of field and animal husbandry agriculture has also changed from the original traditional breeding model to factory breeding.

One person can manage the breeding of thousands or even tens of thousands of livestock.

In comparison, the early investment in field and animal husbandry agriculture is indeed much higher.

Just say that the various equipment in the breeding plant will cost a lot of money after investing.

In China, labor costs have not surged in general as they did a few years later.

Therefore, many breeding companies still adopt more traditional breeding methods to save investment in breeding equipment.

In 2012, Tianmu Agriculture's net profit actually reached 21.5 billion, with slaughtering 40 million pigs, 7 million cattle, and 160 million chickens.

In addition, field and animal agriculture also involves biological fertilizers, which also brings considerable income to field and animal agriculture.

In the food field, Fule Group has now formed a large closed loop.

In other words, Xinghai Group has added thc investment to form a large closed loop of the food industry worldwide.

thc investment invests a large amount of agricultural land worldwide, and then these lands are planted in large quantities of various foods.

Including staple food and cash crops.

Some of these foods were digested locally, and a considerable portion of them were transported back to China.

After being transported back to China, some appeared on the market, but more were directly digested by field and animal husbandry agriculture.

It turns into meat products and appears on the counters of Fumanduo Supermarket or meat stalls in the vegetable market.

In the vegetable market, Tiananmen Agriculture cooperates with butchers to sell pork produced by Tiananmen Agriculture.

At this time, Tianmu Agriculture occupied a very high share of the domestic pork market, reaching 10%.

This is undoubtedly a pretty high number.

In addition, other pig farming companies occupy a lot of share in the pork market, and China's pork market is about to enter the oligarchic market.

What does it mean?

The previous pig farming model based on family will gradually be replaced by the factory pig farming model.

Even those small pig farms that raise hundreds of pigs will be eliminated by the market.

This elimination process may take a long time, but the overall trend is like this.

If you can accurately move the cyclical changes in pork prices, you may also make a big profit.

But once you step on the wrong side, you have to pay for it, and you will have to pay a lot.

Not to mention that it may be similar once it returns to before liberation.

The risks are quite large.

In addition, these pig farming companies will do some things tacitly.

There are some things that people don’t need to explain clearly, just know how to do.

For example, keep the pork price down for a period of time, so that there are fewer market participants.

The pork price will be raised for a period of time, and at this time it will make a profit, and then attract a large number of farmers to come in.

If you keep the pork price down, will the pig farmers who come in at high prices directly lose money?

Two choices: cut off your flesh and leave the market or continue to persist.

As the market continues to fluctuate, the share of pig farming companies in the pork market is constantly increasing.

From the current share of more than ten percent, it has increased to 20 percent, 30 percent, or even 50 percent.

Even more than 90%.

This is all possible.

Intensive pig farming is a major trend.

Intensive pig farming is easy to deal with pig manure and other things in a centralized manner.

For example, field and animal husbandry agriculture directly produces pig manure into biological fertilizer.

Even these fertilizers are exported abroad.

After seeing Tianmu Agriculture, Han Songlin's attention was to earn money from Fule Wine Industry again.

In 2012, Fule Wine Industry's sales performance was quite good.
Chapter completed!