Chapter 79 Acquiring Shares by Providing Technology (1/2)
After hanging up the phone, Wong Quan Long dashed to Shang Hai as fast as he could. In the Baoshan industrial area, Xing Hai Company rented their second factory of eight hundred square meters as the second research and development base for various research works. Chen Jin waited for Wong Quan Long in the new factory.
...
Three hours later, in the testing laboratory, after a series of testing by the technicians, Chen Jin crossed his arms and asked, ”What do you think, Chief Wong? The spare parts I brought here should meet the quality standard, right?”
Wong Quan Long was over the moon and exclaimed, ”Yes! Absolutely! They can completely replace the imported Japanese parts, but...” A little bit skeptical, he asked, ”Supplying 1.5 million set of parts in six weeks, Chief Chen, are the two local suppliers that you found really capable of doing that?”
”Don't sweat it. 1.5 million sets are not going to be a problem. The suppliers I found are not doing to encumber me.”
Even more confused, Wong Quan Long leaned forward and asked quietly, ”Chief Chen, if there are local suppliers that can produce such quality brushless motors and moving parts for the mechanic arms, with a supply capacity of a million, and they're in our country, they should be pretty well-known, and they are very likely to be on CCTV… how come I have no idea who these suppliers are?”
”Do you really want to know how I found the two channels?” Chen Jin asked, looking at him.
”Yes!” Wong Quan Long repeatedly nodded his head.
”This is very confidential. Come in, let's talk in a quiet place.” Chen Jin brought Wong Quan Long to an office with a nice soundproof facility, explaining everything to him.
Of course, he made up the whole story.
He said that the batch of brushless motors and mechanical arm moving parts he brought were not the products of formal factories, but the scientific research findings from the two research institutes. They belonged to the laboratory products that were not widely promoted. As for the names of the two research institutes, Chen Jin said that he could not disclose them because they were state secrets.
Wong Quan Long's eyes lit up. He thought about the work Chen Jin's father was engaged in, and he suddenly had a realization. ”The two institutes must belong to the military scientific research institutions working for the government. Otherwise, how can there be confidentiality requirements?” He continued nodding his head and said, ”No wonder I can't see the name of the manufacturer and the production number on these two parts. They were laboratory products.” However, if the parts could be supplied in the quantity of a million, it means the technology is sophisticated enough to meet the standard of mass production. Why do they hold themselves in the laboratory production phase but not advance to industrial mass production?
Chen Jin explained, ”The primary task of the two research institutes I found is not to research on the brushless motors and the moving parts of the mechanic arms. It is just their sideline. Once they have a major project, the two tasks will be cast aside, and the production line will be halted as well. When I first placed the order of 1.5 million, it took me a great deal of effort to persuade them. Let's wait until this order is finished, then I'll place the order again if they're available.”
Wong Quan Long furrowed his brows, shook his head, and commented, ”That's not right, Chief Chen, the supply chain is too unstable. Besides, with the technology, wouldn't they consider going into factory production and promote the two products in the civilian market? Take the brushless motors as an example, that is a market of at least a few ten billion dollars, don't they want to earn more money?”
Chen Jin spread his arms out and said, ”I asked the same question too, and you guess what they said? No time. They don't have any time to earn money. They still have many research projects on hand.”