Chapter 422: Die Forging and Free Forging

As soon as Chu Jiang's words fell, the eyes of everyone present focused on Yan Yongnian. Pen, fun, pavilion www. biquge。 info

In the absence of the duo, it is clear that he is the only one who has the most right to speak. As the deputy director of the Department of Mechanical Engineering of Tsinghua University and the top expert in the field of 10,000-ton hydraulic presses in China, this right to speak is an area that few people can compete with him.

On the other hand, if the project develops to such a point that it is necessary for a technician to come to a conclusion that is related to the final result, the pressure will suddenly increase to the point that it is difficult for one person to shoulder.

Yan Yongnian said "can", which is very easy. But if the project progresses to the end and cannot be completed due to technical problems, who is responsible for the investment loss of 700 million yuan?

China Railway Construction Investment is not a bank without heels, and behind him is the Ministry of Railways, China Shipbuilding Corporation, and a large number of industrial ministries and commissions and related units.

It is true that one investment in a company can make a company "chicken and dog ascend to heaven", but on the other hand, its capital network also has a strong deterrent effect on these companies.

Although Yan Yongnian does not expect the industrial system to eat, the scholars of the Department of Mechanical Engineering cannot do without the support of enterprises to carry out projects. If he says the wrong thing now, it may be his entire career.

But if he doesn't take on this responsibility, the project of the double 10,000-ton hydraulic press may really be aborted. Even if this is something that Hu Wenhai promised to promote, Chu Jiang's reasons are very sufficient.

China Railway Construction Investment is not a wholly-owned state-owned enterprise, but a "joint-stock state-owned enterprise". A considerable part of the shares are invested by ST Group. Not only that, but a significant portion of the capital it invests today is also held by a few state-owned enterprises and ministries that check and balance each other.

Lin Zongtang's leading group for major technical equipment can actually be regarded as part of the predecessor of the Industrial Coordination Department of the National Development and Reform Commission. But for the funds in the hands of China Railway Construction Investment, it cannot be said that it can give any instructions at will.

The advantage of China Railway Construction Investment as an investment bank lies in this, although the state can use this platform to operate some projects to a certain extent. But one premise is that the project must have good prospects that can be expected. If it is a blind investment with no prospects, China Railway Construction Investment can pass it internally, and these units behind it will not agree. At this time, even if the superior unit wants to forcibly promote, the nature of China Railway Construction Investment can make it greatly immune to this pressure.

Even if it is Hu Wenhai, the reason why he can use the power of China Railway Construction Investment Bank so easily is because these units behind China Railway Construction Investment believe that he can make money with everyone.

But if Hu Wenhai wants to take everyone to lose money together, with less money, depending on the previous incense relationship, he may be able to use his reputation to overdraft a part. But the investment of 700 million yuan is by no means a "small amount of money", no matter who promotes this project, it must give an explanation to China Railway Construction Investment.

At this time, it was impossible for Lin Zongtang to ask China Railway Construction Investment to forcibly approve the investment loan by virtue of his identity, and it was impossible for Sheng Chong himself to stand up and pack a ticket to say that he would get 45,000 to 50,000 tons of hydraulic presses within four years. Whether this project can be implemented is up to Yan Yongnian alone.

When everyone's eyes were focused on him, Yan Yongnian couldn't help but get nervous.

"Professor Yan, what do you see?" Mo Gaowen looked at Yan Yongnian expectantly, swallowed his saliva, and asked nervously: "Is it possible to complete the production of 45,000 tons of hydraulic press in four years?"

"Our original plan was a single-cylinder 35,000-ton multi-directional die forging hydraulic press, which is in line with the development law of China's hydraulic press. Generally speaking, it is more appropriate for the next generation of hydraulic presses to increase the single-cylinder pressure by three times on the existing basis. But now to increase it by four to five times, it can't be achieved by simply enlarging the design. The Americans' 45,000-ton hydraulic press was designed to continue the previous three-beam and four-column structure, which led to a lot of operational problems. The design life and cost of use are very unfavorable compared to France and the Soviet Union. ”

Yan Yongnian spoke very slowly, and took this opportunity to sort out his thoughts: "If we say that we follow the path of the Americans and make a 45,000-ton hydraulic press with a three-beam and four-column structure, I am honest, we are confident that we will make it in two years." But if you want to make a 45,000-ton hydraulic press with a new structure, I think the odds are probably half open. ”

Chu Jiang thought for a moment, suddenly raised his eyebrows, and said: "I noticed that you said that it is more appropriate to increase the pressure of a single cylinder by three times on the existing basis, that is to say, this is a conclusion based on the domestic industrial level? The construction of hydraulic presses depends on the tonnage of hydraulic presses that make hydraulic presses? Within three times, it is relatively easy to manufacture the next generation of hydraulic presses, right?"

Yan Yongnian hesitated, communication at this time obviously could not tolerate any errors, he had to chew every word Chu Jiang said carefully before he dared to answer.

"Yes, there is no problem with Manager Chu's understanding. On the basis of 10,000 tons of hydraulic presses, we can easily manufacture 30,000 tons of hydraulic presses, but it is more risky to manufacture 45,000 tons. This conclusion was drawn from the standpoint of domestic industry. ”

"What if you consider using foreign equipment?"

"Foreign equipment?" Yan Yongnian and Lin Zongtang glanced at each other, a little unclear.

The Americans have two 45,000-ton die forging hydraulic presses, while the French have a proud 65,000-ton die forging hydraulic press built by the Soviets. As for Britain, the world's impression of an industrial power, there is only a pitiful 10,000-ton hydraulic press that should probably be sent to the museum. Yes, the same level of technology as China.

However, the construction of a hydraulic press requires not die forging, but free forging. Although the working principle of the two is not very different, the control part is very different.

Speaking of free forging 10,000-ton hydraulic presses, there are three 10,000-ton hydraulic presses in Japan at this time, which are 14,000, 13,000 and 10,000 and 5 tons. South Korea's Doosan Heavy Industries has a 10,000-ton hydraulic press, and another one will be added in the 90s.

Then there is Germany and Italy, each of which has one, which is considered the middle echelon, distributed between 13,000 and 15,000 tons.

As for the Warsaw Pact countries of the Soviet Union, Yan Yongnian and Lin Zongtang did not think about this aspect at all. Until Sino-Soviet relations are normalized, I am afraid that there is no need to expect such support from the Soviet camp.

If you want to use foreign forces to get your own 45,000-ton hydraulic press in Malaysia, then obviously a vote of less than 15,000 tons cannot be used. Basically, that's left with only three options, the United States, France, and Germany. The Italian one, although the pressure is higher, has a longer history than the British one, and its performance cannot meet the current processing level needs.

But having said that, if China wants to put up 45,000 tons of hydraulic presses, let's take the lower limit of this requirement of China Railway Construction Investment first, it is obviously to compete with the United States and France for food.

The world's top hydraulic press has such a large market, and the Germans are not worried about 45,000 tons of die forging to steal their own business, but it can't do its own master like Japan. The United States and France have monopolized the demand for large hydraulic presses in the Western international market, how can they be willing to see China enter the market?

After all, there is really no country in the world that can help China in this regard.

Chu Jiang tapped the table with the pen in his hand, nodded calmly and said his answer: "For example, Romania." ”

"Romania!" Yan Yongnian was a little stunned, he really didn't know much about this country, and the exchanges between the two countries in the academic field were lackluster.

"Yes, Romania has a product of the German company SMS, a 15,000-ton free-forging hydraulic press. Chu Jiang said with an oath.

"SMS company's products!" Yan Yongnian's eyes widened, and he almost didn't jump up from his chair: "Okay, good, great! If it is the same technology as the Germans, then this hydraulic press can fully meet our requirements." SMS's own free forging tolerance is within two millimeters, and 15,000 tons is the largest tonnage in the world, which can fully meet our needs!"

The more Yan Yongnian spoke, the more excited he became, he snapped his fingers, and calculated like a machine gun in his mouth: "The cylinder block and the support roller, with this equipment, it is almost nine out of ten." Speaking of which, although our main goal is to have 80,000 tons of die forging, if we can copy this 15,000-ton free forging machine, then we will really make a fortune!"

"First of all, the Ministry of Electric Power has to beg us to build more than 600,000 supercritical steam turbine units, and with 15,000 tons of free forging, it is like playing. The Japanese 700,000 kilowatt supercritical unit seems to be technically powerful, but in fact, many of them are designed to avoid the use of 15,000 tons of open forging spindles. The cost has risen a lot, but the performance is not as good as that of the Americans. If we can build this main shaft, the Ministry of Electric Power will not have to beg the Japanese, and we can't figure out how much foreign exchange we can save every year!"

"Not only thermal power, low-pressure steam turbine rotors for nuclear power, axial runners for hydropower, back-up rollers for heavy-plate rolling mills for metallurgy, and thick-walled cylinders for chemical industry......"

In the end, Yan Yongnian really couldn't sit still. Like an ant on a hot pot, he walked around the conference table unconsciously, and his whole person was about to go crazy.

"Okay, okay, Lao Yan, you sit down first!" Lin Zongtang finally smiled again and pressed Yan Yongnian back to his seat.

When he looked at Chu Jiang again, he no longer had the previous impression that "Hades is good to see little ghosts", but how to see how pleasing this young man is.

It turned out that he didn't want to find fault with the investment, but had already made a comprehensive consideration for the entire project.

The tonnage level of the hydraulic press was raised, the market positioning was established, and the maximum support was provided for the research and development work. This style of China Railway Construction Investment is really different from those bank financing managers who bow down to their superiors and listen to orders and only lend regardless of the actual situation. Which one is better, Lin Zongtang has mixed feelings in his heart, and he really can't say it.

In terms of convenience and comfort to use, of course, it is better to order the bank to lend. The four major state-owned banks have the backing of the state, and they have this confidence when they put money out. But to say that it is so thoughtful for customers, only if China Railway Construction Investment invests its "own" money, will it have such a positive and serious attitude......

It is precisely with such a responsible attitude that China Railway Construction Investment can build its reputation in just one year.

"Old Yan, tell me. Lin Zongtang looked at Yan Yongnian with a smile, and after he calmed down, he said: "With these conditions, do you have the confidence to give me 45,000 tons of hydraulic press in four years?"

Yan Yongnian suddenly shook his head like a rattle.

"45,000 tons? That's not good!" Yan Yongnian narrowed his eyes: "700 million yuan, in four years, 15,000 tons of free forging of SMS Company -- if I can't get 50,000 tons of hydraulic presses, that is, I am incompetent! But I suggest that we also copy back the 15,000 tons of free forging in Romania at the same time." With it, give me another 1 billion, and I am confident that in another two years, we will be able to put on the world's largest hydraulic press of 100,000 tons, surpassing even the Soviet one! When the time comes, we will press whatever we want, what casing, frame, and landing gear we will build, and the performance of the aircraft will definitely be better than the original version!"

"Are you telling the truth? The Soviet Union only had two 75,000-ton die forging hydraulic presses, and you dare to build a 100,000-ton hydraulic press with a ticket?" asked Lin Zongtang Zhengse.

"Single-cylinder is not good, but with 50,000 tons of single-cylinder technology, there is no problem with 100,000-ton double cylinders or three cylinders. Yan Yongnian nodded excitedly: "The 75,000-ton die forging of the Soviet Union does not have my prestressed steel wire winding technology, and its free forging ability is actually poor." 100,000 tons, I can make a military order!"

"You think about it, nearly two billion dollars before and after, this is not a joke. Lin Zongtang confirmed again.

"Of course it's not a joke, Lin Lao, you can ask the people of the second layer to verify it again and see if my statement is true. "If it weren't for the fact that swearing was inappropriate on such an occasion, Yan Yongnian would have wanted to swear to the sky.

"Okay, I'll trust you for now. Lin Zongtang nodded at this time, but the follow-up argument must be indispensable. Yan Yongnian's guarantee may be trusted, but in the end, everything must be subject to the paper.

Lin Zongtang turned his head to look at Chu Jiang and asked, "Manager Chu, what do you think about now, can China Railway Construction Investment invest 700 million yuan in Shengjing Heavy Machinery Factory to build a 50,000-ton multi-directional die forging hydraulic press?"

Chu Jiang nodded: "Since there is Professor Yan's guarantee, I think there should be no problem." As long as the demonstration is passed, China Railway Construction Investment can inject 700 million yuan into Shengjing Heavy Machinery Factory. But how does Sheng Zhong plan to use this money?"

"We can offer a 10-year loan with a loan that will be disbursed according to the progress of the project, but after the fourth year, we will have to pay at least $28 million in interest per year. The principal will be repaid in the fifth year and the entire loan will be repaid in ten years. Or we will establish a joint venture subsidiary with Shengzhong, and distribute shares according to the proportion of capital contribution of both parties, and implement demutualized management. Both parties hold the shares for at least five years, and the transferred shares are preferentially acquired by the other party. The third plan, China Railway Construction Investment invested in the construction of 50,000 tons of hydraulic presses, which will be leased to Shengzhong after completion. The annual rent is 100 million yuan and 20% of the profit, and after ten years of lease, the hydraulic press is transferred to Shengzhong free of charge. ”

"In terms of Shengzhong, which plan do you think is acceptable?" Chu Jiang spread his hands and looked at the two leaders of Shengzhong.

He Renming and Mo Gaowen were in a somewhat complicated mood, and of course it was more comfortable to hold the loan. The annual interest rate of 4% is really not high, and it can even be said that considering the actual situation of the heavy industry industry, it is very good to take care of the heavy low-interest loans.

Compared with the loan interest rate of more than 10% in the society at that time, China Railway Construction Investment even faced a loss if the business was not good. The 4% interest rate in the 80s may not be able to outperform inflation. No, it should be said that it will definitely not be able to outrun inflation.

But even so, the two had to consider the financial pressure after the return of the principal began in the fifth year. In order to repay the loan of 700 million yuan in six years, plus 28 million in interest, about 150 million yuan of funds will be repaid to China Railway Construction Investment every year in the fifth year. This money is too much pressure for Sheng Chong. Although the accumulation of heavy industry enterprises is abundant, the profits are thin and the costs are high.

As for the joint venture, it is not to be considered, according to the proportion of investment by both parties, I am afraid that the sale of Shengzhong will not account for 50% of the shares, and then it will not be a wedding dress for people?

Looking left and right, it seems that it is still suitable to rent. Although the total amount is 110 million more than the loan, the annual repayment pressure has decreased. Although 100 million yuan is still a lot, after all, it is 50 million less than the loan, which is very remarkable.

As for the 20% profit, the profit of heavy industry, who still does not know what's going on. It is difficult to say how many tasks there will be after the completion of the hydraulic press, and whether the domestic supporting level and foreign project competition can fill the work schedule of this hydraulic press?

"In my opinion, a 10-year lease should be a good option. ”

"Yes, I think so too. ”

He Renming and Mo Gaowen exchanged ears, and after a while, they finally made up their minds and made this decision that was destined to make them regret it in the future.

They don't know what kind of explosive growth China's industry will usher in in the next decade under the flickering of Hu Wenhai's butterfly. The heavy 50,000-ton hydraulic press is not to mention that the work schedule is full, and the normal task is even scheduled for two years later. The scarcity of 10,000-ton hydraulic press makes it have a high profit margin that is different from other heavy industry projects. The 20% income provided to China Railway Construction Investment every year exceeds the 100 million rent they pay.

In fact, after deciding to support Shengzhong's 50,000-ton die forging hydraulic press in one step, China Railway Construction Investment has been mobilizing its own network. In four to five years, the Ministry of Electric Power will be urged to fully enter the supercritical and ultra-supercritical fields, promote domestic investment in commercial nuclear power technology, and promote the establishment of large-scale hydropower projects such as the Three Gorges. Whether it is die forging or open forging, there will be absolutely no shortage of projects.

"I think it's going to be a 10-year lease. He Renming and Mo Gaowen nodded.

"Lease for ten years, after the completion of the need to pay 100 million yuan in rent every year, as well as 20% of the profit of the hydraulic press project, the two leaders determined?" Chu Jiang rummaged through the document bag in his hand and pulled out a document.

"This is the contract drawn up by China Railway Construction Investment, and the two leaders can take it back and use it to discuss with the Standing Committee members at the party committee of the factory. Chu Jiang pushed the document in front of the two of them: "Please inform us after obtaining the approval of the factory party committee meeting, and we will arrange for the signing of the contract." Oh yes, in this way, we China Railway Construction Investment Bank will send financial personnel to Shengzhong, hoping that Shengzhong can open your company's basic account in our bank, so as to facilitate capital transactions and financial supervision. ”

"Okay, that's fine. Mo Gaowen nodded happily, the basic bank account does not have much impact on the operation of the enterprise, at most, the deputy director in charge of finance will have some complaints.

It is a "small thing" that does not matter to the enterprise, but it is an extremely critical step in the strategic layout of China Railway Construction Investment. Unconsciously, China Railway Construction Investment is extending its tentacles to all aspects of society.

He Renming took a cursory look at the contract in his hand, nodded and said: "I think it's too early or late, and now the standing committee members of the factory party committee at home have come over to hold a meeting immediately, and after passing the resolution, they will sign and implement it." Director Mo, what do you see?"

"Cheng, now the society is talking about efficiency, let's also 'efficiency'!" Mo Gaowen smiled even more, and nodded happily in agreement.

The two leaders of the solemn were really doing what they said, and immediately asked Lin Zongtang, Yan Yongnian and Chu Jiang to avoid it for the time being, and then picked up the phone and asked the office to notify the Standing Committee members at home to come over for a meeting.

Except for two members of the Standing Committee of the factory party committee, they were soon summoned. With the unanimous consent of the secretary of the factory committee and the factory director, none of the unsightly Standing Committee stood up against it, and immediately signed their names on the meeting minutes, and all the staff passed the resolution.

When the contract document that had been stamped with a solemn official seal and signed with Mo Gaowen's name was placed in front of Chu Jiang, it was only less than half an hour.

After carefully checking it, Chu Jiang put away the contract with satisfaction.

Lin Zongtang and Yan Yongnian showed happy smiles, one of them is the deputy chief designer of China's first 10,000-ton hydraulic press, and the other is China's leading hydraulic press technology authority, which can be said to have been implicated with hydraulic presses all their lives.

What could be more joyful than seeing the cause you are fighting for is about to achieve greater glory?

At the beginning, when the country wanted to launch the next generation of 10,000-ton hydraulic press plan, who would have thought that there was no way out, but in the end, it was another village.

The die forging hydraulic press introduced by the localization of Panda has the opportunity to exceed the limit of 75,000 tons in the Soviet Union, and may be able to create a record of the pinnacle of industry provided by the Chinese in the future - 100,000 tons of die forging hydraulic press.

Just thinking about it like this, Lin Zongtang and Yan Yongnian already feel that life is full of happiness. (To be continued.) )