Under the gaze of Wang Hongfeng and Chen Yucheng, Bao Feiyang continued to explain: "In addition to the whole ship project, the joint venture company will also produce the hull in sections and then transport it back to South Korea for assembly. In this way, it can probably reduce the production costs of domestic shipyards in South Korea by about 20 to 30%. In the future, the orders of joint venture shipyards will also be mainly allocated by Dazhou Heavy Industry, so the value of this project is not as great as we imagined."

Wang Hongfeng nodded. It was different from the cooperation method between Huaxia Ocean Group and Japan's Kawasaki Shipping Industry. South Korea's Daze Heavy Industry's investment put forward many requirements from the beginning, and the Haizhou region seemed to have made great concessions.

"My question is getting bigger and bigger now. Dazhou Group has so many requirements. Why do you choose to cooperate with each other?" Wang Hongfeng's eyes slapped Bao Feiyang's face, trying to see some clues from his expression.

Bao Feiyang smiled and said, "This reason is relatively complicated. It is based on the future development of the United States Tangsheng Group. The cooperation with the South Korean Daze Group is generally in line with the interests of the Tangsheng Group. Although their requirements for this project in the Haizhou area are relatively strict, they have made some concessions in other aspects, and the requirements of other Korean companies are actually even more stringent. Even a company like South Korean Landscape Company, which is far less than that of Daze, has put forward many requirements. As for Japanese ship companies, they do not even mean to cooperate with the Tangsheng Group, so the South Korean Daze Group is the best and the most suitable choice."

"Yes, it's already very good to introduce such a project with the conditions of Haizhou area." Wang Hongfeng pondered for a moment, then nodded, which was considered to be acknowledging Bao Feiyang's statement: "Then let's talk about the question you mentioned in the afternoon, how to focus on me."

Bao Feiyang said: "Although the conditions of South Korea's Daze Heavy Industry are harsh, they still have a great effect on driving the development of the ship industry in Haizhou. For example, we can learn from the manufacturing management methods of the advanced shipbuilding industry in South Korea. Although the joint ventures will definitely be very strict in keeping technology confidential, there will still be some openness in management. Even if it is technology, there will always be some secrets!"

"Haha, it seems that Feiyang has been making an idea about this for a long time." Chen Yucheng said with a smile.

Bao Feiyang nodded: "Of course. We don't need to be spies deliberately. As long as the joint venture shipyard is there, other companies will definitely find ways to learn and compare. Joint venture shipyards cannot limit everyone to death, so there will always be technology that will spread, even if it is just one direction or one idea, it may promote our shipbuilding industry."

"In addition, Korean companies are used to using their own supporting factories, either importing them from China or investing with supporting factories, but they will always hand over some supporting products and services to local companies, which is also an opportunity for the development of relevant supporting industries in our local area."

Bao Feiyang said: "Whether it is learning, competition, or these supporting facilities, even if there is a modern shipyard there, let our own companies take a look and know what a truly modern shipyard looks like. I believe that our own companies will definitely be touched and then grow up. This kind of touch is different from traveling far away to visit, because you can feel the threat right around you. If you don't work hard, you will crush this kind of factory in the future."

"It makes sense." Wang Hongfeng nodded slightly.

Chen Yucheng glanced at Wang Hongfeng. Wang Hongfeng smiled and said to him: "Yucheng, just say whatever you have. You have been with me for a long time, and your work experience at the grassroots level may not be as rich as Feiyang."

Chen Yucheng nodded: "Yes, so I am also very interested in the issue discussed by Feiyang. In fact, we have introduced many joint ventures and projects over the years. There is a saying in the theoretical community that it is to use the market to exchange for technology, which means to learn the management and technology of foreign-funded enterprises through joint ventures. However, the situation has not been very optimistic after practice over the years. For example, foreign investors will also transfer technology to us, but they are often lagging behind one or two generations or even more technology. After some companies have joint ventures, the operating conditions of joint ventures are indeed very good, but the original brand and non-joint venture parts are in decline and even completely disappearing. We can see this situation in many fields such as automobiles and home appliances."

"With the joint venture of South Korea's Daze Heavy Industry in Haizhou, how can we ensure that the joint venture will promote the development of local shipbuilding companies instead of backing up their living space?" Chen Yucheng asked.

Bao Feiyang nodded: "The problem mentioned by Brother Cheng is indeed common at present, but this project in Haizhou is not worried about this. First of all, we will indeed participate in the investment of the joint venture project with the integrated Haizhou Shipbuilding Industry Company, but in terms of business, the joint venture shipyard is still mainly Korean Daze Heavy Industry, and has no connection with ships in Haizhou."

"Secondly, although the annual production and design capacity of South Korea's Daze Heavy Industry is as high as one million tons, in order not to affect production efficiency, it will only build large ships of more than ten thousand tons. The Haizhou area does not have the manufacturing capacity of ten thousand tons of ships, so from the moment, there is no competitive relationship between the two parties in their business."

"Of course, after the shipbuilding companies in Haizhou area integrate into ships in Haizhou area, they will definitely build large ships, but it will take a long time to learn to initially form production capacity and then be able to compete with joint venture shipyards. I think this issue may not be needed within ten years. Of course, if some special situations occur, it is hard to say. In short, if ships in Haizhou area can be squeezed into living space by joint venture shipyards, then ships in Haizhou area will have been successful." Bao Feiyang said with a smile.

Chen Yucheng stared at Bao Feiyang and looked at him twice. Obviously he didn't expect Bao Feiyang to give him such an answer. This actually has nothing to do with the question he wanted to ask.

Wang Hongfeng looked at Chen Yucheng and smiled: "Yucheng, do you know what the difference between you and Feiyang is now? You have been in the agency for a long time and see all macro problems. However, Feiyang is working at the grassroots level, and what he sees is about to solve them all, and it must be combined with the actual situation. In theory, macro things are not worthless in solving these practical problems, but they must not be copied and copied."

"I understand!" Chen Yucheng suddenly realized: "It seems that the way of thinking about grassroots work is indeed different from staying in the agency. I will ask Feiyang for more advice in this regard in the future."

Bao Feiyang glanced at Chen Yucheng: "Why? Brother Cheng is preparing to work below? Why don't you come to our Haizhou area, and the development space in Haizhou area is still very large."

Chen Yucheng looked at Wang Hongfeng: "Actually, I hope to stay by my leader..."

"Okay, where isn't you working? If you are not by my side, you will work the same way." Wang Hongfeng waved his hand and said, "After I arrived in Jiangbei, Yucheng has been following me, with Yucheng by my side. I am also comfortable in doing things, but if I continue to stay in the agency, I will not be able to develop in the future, so I still have to go on and exercise. Haizhou is a good place, but how to arrange it depends on how the province arranges it."

Chen Yucheng is already the deputy director of the Provincial Party Committee Office, and is a serious deputy department-level, but he is relatively short-lived in the qualifications of the deputy department-level and lacks experience in grassroots work. Even if he comes down, it is probably difficult to upgrade to the next level as usual. If he goes to a general provincial government or Fenghu City, it is possible. If he goes to other prefectures and cities, he is the top leader of the local party committee and government at the department level, and it is probably not possible.

The most likely one is to go to other cities to serve as deputy mayors. Although they are still at the deputy department level, they hold real power after all. They have the opportunity to become regular customers in the future. Of course, even if they go to the city to serve as deputy mayors, it is impossible for them to be Xucheng. A place like Tongcheng, which is half a square foot higher than other cities, can only be an ordinary city.

Bao Feiyang took back his thoughts and continued the topic just now: "The world's shipbuilding industry has moved from Europe and the United States to Japan, and is now moving to South Korea. The Korean shipbuilding industry has been catching up with Japan in recent years. In the past few years, it is very fierce. If we examine this industrial transfer of the shipbuilding industry, we can find that the most critical factor is the comparative advantage of production factors. For example, labor costs, talent shortages, coastline resources, etc. From this, we can see that South Korea's shipbuilding industry is similar to Japan and will face the same dilemma in the future, so the future of the shipbuilding industry will still be in our mainland China."

"To put ourselves first means to make full use of our comparative advantages, and at the same time strive to make up for our shortcomings and carry out competition with the Japanese and Korean shipbuilding industry in a differentiated manner. Specifically, we can participate in joint venture projects, but we cannot rely on joint ventures. We still have to independently develop our own shipbuilding industry."

Bao Feiyang said: "This is a basic principle I proposed in the integration of ships in Haizhou. Ships in Haizhou must work hard to develop their own ship manufacturing in the future. It cannot be said that joint venture projects make money, so they invest all their resources on the joint venture projects. They don't work hard on independent shipbuilding, which is not possible."

"Well, the principle you mentioned is very good. This also answers the question raised by Yucheng just now. How can we avoid making money after joint ventures but not improving our autonomy." Wang Hongfeng nodded and said.

Bao Feiyang continued: "Shipbuilding in Haizhou must participate in the construction of joint venture shipyards, including the joint venture project of Dazhou Heavy Industry and the Shanshui Group shipbuilding middleware project that is still possible to invest in Haizhou. However, our purpose should not be to make money, but to learn, and hope to learn the management experience of foreign shipyards through personnel exchanges and other means, and then improve our shipbuilding industry."

"The new Haizhou regional shipbuilding company will be divided into three parts. The first part is that the current production capacity must be optimized and integrated, concentrated in the Xugou Park, and continue to grow bigger and stronger today's products, that is, ships below 10,000 tons, cultivate talents and temper the team."

Bao Feiyang's idea was a bit too advanced. Chen Yucheng turned his head to look at Wang Hongfeng, and then asked: "Feiyang, your idea is very bold, but there are two problems in doing this. One is that the risk is very high. Once the operating conditions fluctuate, it is not as good as expected, it may cause a break in the capital chain and cause a comprehensive collapse; the other is that as you said, the bank's plate is so big, and even if you have a project, it is not easy to get a large loan. As far as I know, there are many projects planned in your Lingang Economic Development Zone, and the province needs to support more projects, and the share that can be divided is very limited."

Bao Feiyang said: "There are certain risks, and they seem to be very large, but considering the prospects of the project, they are actually not as great as imagined. As long as we do things well and control business risks, financial risks can be avoided."

"As for the loan issue, I just said that as long as you have a way to make money, there will be no shortage of people willing to give you money, as long as you help them make money. State-owned banks also have problems in this regard. Who to lend to is not to see whether the project can make money, but to consider political needs. This makes a large amount of funds lent to projects with poor efficiency, and the efficiency of funds cannot be achieved. This has caused good projects to not be developed, but those projects with no efficiency are still surviving." Bao Feiyang shook his head: "The core value of the market economy is survival of the fittest, so we are not a complete market economy yet."

"Okay, now it is still a stage of transformation, and some things cannot be accomplished overnight. Moreover, this is a socialist market economy, and of course there is a difference from the complete market economy you are talking about." Wang Hongfeng waved his hand and said, the economy must succumb to politics, and politics must also succumb to reality.

Bao Feiyang smiled and did not continue to play with this topic. He continued: "As long as the project is good, you will not have to worry about not being able to borrow money. If you don't have it in the country, you will consider borrowing from outside, such as Japanese and Korean banks, and may also issue corporate bonds to some investment funds. Of course, it can also be listed in the future. In short, as long as we raise funds from multiple sources, the funding problem can still be solved."

Chen Yucheng nodded. Although he still had many questions and knew that things would never be as light as Bao Feiyang said, he still felt that the method Bao Feiyang said was still very feasible.

Of course, if someone else is changed, you may not have the confidence of Bao Feiyang. Bao Feiyang has a wide connection. Whether it is the Down family in Mexico, the Jinguang Group of Indonesia and the Dingfeng Group of Malaysia, they have had good cooperation with him, not including Fang Xia Ceramics Group, which has the closest relationship with Bao Feiyang. The investment of hundreds of millions of yuan is really not a problem for Bao Feiyang. (To be continued...)
Chapter completed!