Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1005 Who is most worried?
Most reporters just watch the cooperation between Heiyun Group and Sumitomo Foundation, but American and West German reporters have different ideas. Although Heiyun Group is very large, the increase in raw materials that can be purchased from Japan will inevitably lead to a corresponding decrease in purchases from other countries. At present, Heiyun Group's metal raw materials are mainly concentrated in the United States and West Germany.
In fact, in cooperation with the Sumitomo Foundation, Bao Zixuan also wants to transfer the procurement of American raw materials to other places. At present, Heiyun can solve some of the metal materials by itself. After all, the factory left by Baohuodong Mining Company in the deep sea has belonged to Heiyun Group.
However, China's domestic demand for metal products is too great and is increasing every year, making that shipment simply not enough. In the Soviet Union, they mainly purchased titanium alloy products; in Germany, they mainly purchased high-end products. Mid-range products are mainly produced by American companies, and they are also companies that have connections and connections with Bao Zixuan.
Currently, Heiyun Group's main supplier in the United States is U.S. Steel, whose predecessor was the famous Carnegie Steel Company; however, the current largest shareholder is the Morgan family, and Bao Zixuan has long been reluctant to cooperate with them. However, good suppliers are not easy to find, so we can only take a long-term approach. Today the Japanese take the initiative to come to your door, so there is no need to be polite.
So what if they offend the Morgan family, they are already at odds with each other. It's just that neither side has any good ideas at present, so they don't attack their opponents. There is an opportunity to move away from some of the dependence on their raw materials and of course implement it. In fact, the reason why Bao Zixuan was confident was that the Morgan family did not dare to say anything. The relationship between the two parties was one side. Another important point is that U.S. Steel is a joint-stock company. Although the Morgan family is the largest shareholder, it cannot dominate the world with one hand.
The interests of other shareholders must be satisfied so that the company can develop harmoniously. They have offended a customer, and they are also the company's largest customer. If they dare to come out and make a complaint, it is tantamount to slapping themselves in the face. Moreover, Bao Zixuan did not do everything right at once, and still gave U.S. Steel a large share.
Product quality and compatibility are one thing. When doing business in the United States, you still need to balance the interests of all parties. Otherwise, the U.S. Department of Commerce will come out to trouble you, and everyone will not have an easy time.
Seeing that reporters were already talking about it, Sumitomo Ichiro was very satisfied. Although it was a bit noisy, this was the effect he wanted. Even if American and West German reporters had any ideas, they couldn't care less at this time.
Sumitomo Takeshi saw that it was almost the same and continued: "At the same time, Sumitomo Chemical and Sumitomo Metal have jointly established a scientific research laboratory with Heiyun Group. The location is at Yulin Institute of Technology. I believe that with the strength of the two companies, they will be able to develop Producing the highest quality raw materials in the world.”
"At the same time, children of Sumitomo employees will come to Yulin Institute of Technology to study abroad, which is also to cultivate talents for the echelon construction of the consortium."
"Sumitomo Bank has reached an agreement with Heiyun Bank. In the future, transfers from Sumitomo Bank to Heiyun Bank will be received within ten minutes. The same is true vice versa. Both banks will cooperate in all aspects of funds, foreign exchange, transfers and remittances. ;To meet the needs of customers in Hong Kong and Japan."
As mentioned before, Sumitomo Bank cannot yet achieve the one-minute payment. However, there is no problem at all in ten minutes. Of course, it is only for the business of the two banks in Asia, and there is currently nothing that can be done about other continents. But this is really scary. You must know that this involves two regions and two banks. Without absolute trust, no one would dare to do this.
In fact, both parties are not stupid. Currently, it can only be used for small-amount remittances. That is, less than one million US dollars, which is too much; no one can afford the risk if something goes wrong.
But these series of cooperation also make reporters excited, especially Japanese reporters. I believe that there is no need to worry about newspaper sales in the next week. The Sumitomo Foundation news is enough for the public readers to study for a few days.
The West German reporter, who had previously been slightly worried about Blackfish Group purchasing raw materials from Sumitomo Metal and Sumitomo Chemical, now looked a little solemn. Japanese products can only be regarded as mid-range products in the international market, and high-end products have always been in the hands of Germans. After all, the Germans are indeed ahead of Japan in terms of time and investment in research and development of metal materials.
Therefore, Heiyun Group's purchase of raw materials from Japan will not have much impact on the Germans; it is just that the competition for mid-range products will become fierce, but German companies have never relied on mid-range products to survive.
Now that two companies, Heiyun and Sumitomo, have established scientific research laboratories, it doesn't take much to think about it. They must be preparing to challenge the Germans' authoritative status. This has to be taken seriously. After all, it involves whether domestic companies can be recognized internationally.
All Germans hope that the two Germanys can be reunified. This is the dream of the entire German nation. But if we want to achieve reunification, it seems that West Germany can only take the lead at present, but all the foundations depend on the degree of economic development.
Wanting to unify Germany by force is tantamount to wishful thinking. As long as the Soviets don't come to beat you, just have some fun! Now is not the time in the early days of World War II when the Germans were trying to defeat everything. Without strong economic support, East Germany would not pay attention to West Germany at all. Unification must satisfy the interests of all parties, and everything requires huge funds to maintain.
Once the scientific research institutions of the two companies develop high-end products, they will even surpass German products. Then Germany will lose its advantage in this field. No advantage means that it will not be recognized by the market and cannot get orders; it will be a fatal blow to the West German economy.
Purchasing raw materials from Sumitomo Metal and Sumitomo Chemical, and establishing a scientific research laboratory in cooperation with the Sumitomo Foundation; it can be said that the United States and West Germany were frightened.
National Steel Corporation of the United States can sell nearly 4 billion U.S. dollars of raw materials to Heiyun Group every year. Now that it has been cut in half at once, it is strange that it does not hurt. With the advent of the international shipping crisis, the steel market is not very prosperous. The shipbuilding industry is a big producer of steel. Without new ship construction, steel sales will certainly not increase.
U.S. shipyards simply cannot compete with Japanese, British, and Korean companies. Now Chinese shipyards are also slowly rising, resulting in less steel demand for U.S. shipyards. We can't keep building warships all the time! Not even the taxpayers would agree to it, let alone the Soviet Union.
Although we are currently in the Cold War, everything is safe at this time. It is enough for the Army to replace vehicles, but why should the Navy also replace warships at the same time? Isn't that just looking for trouble, trying to expand the situation, and actively provoking a more intense arms race?
The current situation is very good, everyone can stay calm, and at least the people are still satisfied.
The domestic infrastructure in the United States is basically completed and does not currently require large-scale investment. It’s surprising that the steel mills are having an easy time, and now they have lost half of the orders from Heiyun Group; it is estimated that U.S. Steel will hold a board meeting soon to discuss countermeasures.
The same is true for the Germans, whose products have always been synonymous with high-end products. Nowadays, electronics and home appliances are suppressed by Heiyun and Japanese manufacturers; the same goes for cars. It is difficult for mid-to-high-end models to compete with Heiyun Auto, while low-end utility vehicles are basically taken away by Japanese manufacturers. It's so difficult that even the road to metal and chemical raw materials is blocked. Isn't this just causing hatred?
In fact, Bao Zixuan also understands that if he cooperates with the Sumitomo Foundation, he will definitely lose something; such as the friendship of the Germans. But the world respects the strong. If you don't have strength, you can only be slaughtered by others. Don't talk about respect when the time comes. Ignoring you is a good thing.
There is no such thing as sophistication in the shopping mall. You cannot always look forward and backward when doing things, you must go all out. Only in this way can we survive in future competition and avoid being eliminated by the market.
In fact, Mr. Bao also wants to attract Germans. It would be best if he could join. If you have money, everyone can make money together. If you can't, don't blame yourself for being cruel.
As early as a few years ago, Bao Zixuan proposed similar ideas to Rheinmetall, Thyssen, and Krupp; but they were directly rejected by the three companies. After all, the core technology is in the hands of others and they have absolute initiative.
I believe that although they won't regret it now, they will definitely not be in a good mood. Bao Zixuan has money, and the Japanese's technology is not necessarily much worse than theirs; if they increase capital investment, there is a great chance of catching up.
Industrial enterprises do not have sufficient funds and often need to rely on government projects. But Heiyun is a different kind. Bao Zixuan makes too much money in other fields, and there will be no problem in subsidizing it into industry. Comparing the two, German companies are bound to be at a disadvantage.
It also forces them to change. If they don't cooperate with Heiyun, they won't be able to tell who will be the leader in this field in the future.
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