Feng Xiaochen just thought that everyone was talking about it behind their backs. In fact, the pressure of his investment of $50 million was not huge in China today. Xiaguang Steel Factory dared to make a bold statement about guaranteeing the bottom line, which shows how abundant the private funds were. Feng Xiaochen greeted several private steel companies before leaving, claiming that he was willing to guarantee the bottom line, but Tu Kechun was not the only one. It can be said that although Yan Delin, Guo Peihong and other state-owned enterprises were indifferent to this matter, the private enterprises were ready to go and were very enthusiastic.

The reason is related to China's import iron ore distribution mechanism. China lacks high-grade iron ore, and all of these iron ores are imported from abroad. Imported iron ore requires the use of foreign exchange, and the country's foreign exchange has always been short of foreign exchange. The iron ore imported from using these precious foreign exchange naturally cannot be distributed by the market at will, but is distributed by the country's ferrous metal mineral import and export company.

Ferrous metal mineral import and export companies are state-owned enterprises and are also carried out by the Ministry of Foreign Trade. When distributing iron ore, they naturally give priority to state-owned steel enterprises. More than 95% of the iron ore imported each year falls on large state-owned steel enterprises such as Jianggang, Lingang, and Pugang. Only less than 5% can be obtained by private steel enterprises, and they often have to be accompanied by some conditions.

The smelting of imported high-grade ore is only slightly different in technology from the smelting of domestic medium-grade ore, but the difference in cost is very large. Using high-grade ore to smelting iron and steelmaking, enterprises can make huge profits. If they are replaced with medium-grade ore, the enterprise will only barely achieve no loss. For this reason, whether it is a state-owned steel company or a private steel company, they must try their best to get more imported high-grade ore, and are unwilling to use domestic medium-grade ore.

With its own background, state-owned steel companies can easily obtain imported ore, and naturally lack interest in investing in mines in Africa. However, it is extremely difficult for private steel companies to get imported ore. I heard that if you have the opportunity to invest in a high-grade iron ore, there is no reason not to rush to get first. According to Tu Kechun and others, the Economic and Trade Commission does not need to find state-owned steel companies to raise funds. These large private steel companies can just get the Pitsig iron ore down. As for the future ore production, of course, the investors of their companies should make the final decision.

Feng Xiaochen understood the thoughts of Tu Kechun and others, but he had to go to various steel companies in person to tell them the necessity of investing in the Pitsig Iron Mine, and then let these steel companies spend money to join. After all, state-owned enterprises are the sons of the Economic and Trade Commission. How could the Economic and Trade Commission not let state-owned enterprises choose such a good thing? As for Feng Xiaochen who sent all the meat to Yan Delin and others, they just refused to use their chopsticks, so it is impossible for Feng Xiaochen to blame. To put it in a later generation, I have given you a chance.

As a time traveler, Feng Xiaochen is very clear about the importance of investing in a large iron ore in Africa to enterprises. Currently, China's iron ore imports are completely in the hands of large mineral manufacturers in Australia and Brazil, and they can pinch you whatever they want. They have also done the work of raising the price by 71% within a year, and China can only grit their teeth and accept it. If you have a large mine in your hand, then you will not have any trump card when bargaining with the other party.

Yan Delin and others could not see this situation and mistakenly thought that importing ore from abroad was an easy task and would not have any risks. It was precisely because of this that Feng Xiaochen wanted to say that people had no future intentions, and there would be immediate worries. This immediate worries were something that Feng Xiaochen could see, but in fact it would be a year or two later.

After talking with various steel companies, Lin Lin received more than 200 million US dollars in funds. Feng Xiaochen asked Huang Ming and Zhou Mengshi to prepare statistics and take them back to the capital to report to the leaders of the Economic and Trade Commission. He took Meng Yang to the beach in Huian City, Haidong Province, where a large factory has been built, which is the ultimate manufacturing base led by the Equipment Industry Company.

"Haha, has Mr. Feng come to inspect our base in person?"

Xue Mucang, the base director and the administrative director of the Equipment Industry Company, brought a large group of people to meet Feng Xiaochen outside the base gate. He shook hands with Feng Xiaochen while saying in a teasing tone.

"Old Xue, are you planning to drive me back?"

Feng Xiaochen asked with a look of shame. Xue Mucang was about 20 years older than him and was an elder in front of him. He rarely called him Mr. Feng seriously. Now he called him like this, obviously he was joking. But Xue Mucang was joking, Feng Xiaochen must be solemnly corrected, otherwise the other party would think that you have acquiesced to this title and will continue to call him like this in the future.

Xue Mucang knew Feng Xiaochen's temper, and at the same time he understood that Feng Xiaochen was low-key in front of him to leave everyone with an approachable impression. He didn't insist at the moment, and immediately changed his mouth and said with a smile: "How can it be, Xiaochen, I heard that you are coming. The comrades at the base and people from various companies are looking forward to it. If I drive you back, they won't eat me raw?"

While speaking, several other persons in charge of the Extreme Base also came up and shook hands with Feng Xiaochen and greeted each other. The Extreme Manufacturing Base was led by the Equipment Industry Company and jointly established with more than a dozen large equipment manufacturing companies. Due to insufficient funds for the early construction, it absorbed some private enterprises, including Quanfu Machinery Company. Most of the leaders at all levels in the base were sent by various companies. These people were also quite familiar with Feng Xiaochen, and they could chat a few times when they met.

After meeting Feng Xiaochen, the cadres at the base met with Feng Xiaochen, the next person came to the head of a group of township enterprises. The leader was Ruan Phoenix, the chairman of Quanfu Machinery Company. He and Feng Xiaochen are old acquaintances, and there was some authority among the bosses of these township enterprises. He greeted each other a few words, then took on the role of emcee, and began to introduce his colleagues to Feng Xiaochen one by one:

"This is Qiao Mingfa, Chairman of Fengsheng Steel Structure Company, Mr. Qiao; this is Fang Dianfa, the boss of Zhonglong Boiler Company, he and I grew up together; this is Liu Zhaodi, Mr. Liu of Juxin Industrial Company, don't look at Mr. Liu as a woman, but she is really a woman. In our private enterprises in Haidong, no one doesn't admire Mr. Liu's courage..."

Feng Xiaochen shook hands with these people one by one. Some of them were known to him, while others seemed a little strange. In addition, he was a little strange. So many bosses of private enterprises came to greet him. What kind of situation is this?

Ruan Phoen seemed to see Feng Xiaochen's doubts. He smiled and explained, "Mr. Feng, you don't know? Mr. Qiao, Mr. Fang, Mr. Liu and others all heard that you were coming and came to meet you. They all said that if Mr. Feng had not presided over the construction of this extreme manufacturing base and made it open to us private enterprises, how could they be like today?"

After hearing what he said, the private business owners around him also agreed:

"Yes, yes, Mr. Feng, I, Old Qiao, can have today, I have all the blessings of you and Mr. Xue."

"Mr. Feng, you don't know that in the past, our company couldn't make a larger container. It was so anxious that the order was just too late to eat. It was a big loss. It was all because of the extreme manufacturing base. I took orders for more than a dozen large containers in the first half of this year alone, and the money was made...hehe."

"Mr. Feng doesn't discriminate against us, which touched us so much. There is nothing to say. I will be a party tonight, and everyone will go and get drunk with Mr. Feng."

"You old king, why do you let you do it? I have already arranged it. We went to the fishing boats by the sea to eat seafood. We must have just caught it..."

"What do you want to arrange? I used to be a fisherman. I went to catch seafood to entertain Mr. Feng..."

The more people talked, the more lively they became, and some people almost planned to go up to pull Feng Xiaochen's clothes. These people are doing a big business, all of whom are rich, but they are still farmers of the past and don't know what implicitness is.

Xue Mucang walked forward and explained to Feng Xiaochen in a low voice. It turned out that these companies were developed based on the extreme manufacturing base, and many of the companies' factory sites were next to the base. Before the base was built, these companies lacked the ability to manufacture large-scale workpieces and could not make business scale. They could only catch a little larger equipment.

When Feng Xiaochen established the Extreme Manufacturing Base, he clearly stated that the base should be opened to the public. In addition to the more than a dozen large state-owned equipment enterprises that have been invested in, other enterprises, whether state-owned or private enterprises, can use the equipment, personnel and technology of the Extreme Base to manufacture large workpieces as long as they pay the processing fee.

In this way, the Extreme Manufacturing Base has become an off-staff workshop for many companies, which is equivalent to improving the capabilities of all companies to a higher level. For example, Fengsheng Steel Structure Company, Zhonglong Boiler Company, and Juxin Industrial Company have used to have certain equipment manufacturing capabilities, but due to the insufficient manufacturing capacity of a few large workpieces, it is difficult to undertake large-scale complete equipment orders, and can only make some stand-alone machines in complete equipment. Now with the Extreme Base, they can take over the business. The profit of complete equipment is of course much higher than that of single machines. The Extreme Base has made up for them the shortcomings between single machines and complete equipment manufacturing, allowing their profitability to be rapidly improved.
Chapter completed!