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Chapter 840 Scheme

"The ultimate function of a general trading company is to integrate the resources of the entire industrial chain and promote the balanced development of the industrial chain......

In the splendid small living room of Jianye Hotel, Ye Zhenmin, Vice Minister of Foreign Trade and Economic Cooperation, Cui Wenyi, Vice Minister of the General Armament Department, Li Yuanhu, Governor of Donghai Province, Liang Weifa, Governor of Jiangnan Province, Luo Jun, Secretary of Jianye Municipal Party Committee, Sun Shangyi, Chairman of Yuexiu Holdings, Jiang Wei, President of Yuexiu Holdings, and Chen Rongkun, Honorary President of the Metallurgical Association, and the heads of Yunbo Rare Earth Mining Group, China Mineral Group, China Mining Import and Export Corporation and other enterprises. Gathered in this meeting room this afternoon are the heavyweights who have a direct impact on the rare earth industry, but there are no officials from the State Council's Rare Earth Office present, Cui Guoheng thinks that it is probably also affected by the 516 case, and some institutions are no longer trusted, at least during the critical period, they need to avoid suspicion. www.biquge.info Lu Wenfu had something to do temporarily, but he came over a little later, sitting a little farther away, Cui Guoheng was inconvenient to pull him over at this time and pour out his doubts and let him explain them one by one, so he had to listen patiently to Ye Jianbin just standing in front of everyone and talking, there was also a projection screen in front of Ye Jianbin in front of him, and an assistant projected the information directly from the computer to the big screen.

“…… Domestic rare earth resources are currently facing the most serious situation, in addition to destructive mining, the most important thing is the unbalanced development of the industrial chain. In the entire rare earth industry chain, we see that there are mining, separation, smelting enterprises, logistics and warehousing companies, technology research and development institutions, agency trading companies, and local banks also provide financing services for enterprises, but the above institutions, enterprises, and resources are loose......"

The big screen will be involved in the rare earth industry of the main enterprises and institutions are listed, is an extremely scattered organizational structure, in addition to the State Council Rare Earth Office and the former Ministry of Finance and the relevant departments and bureaus of the regulation and management, the various enterprises and institutions can not see any connection.

“…… There is a lack of deep processing enterprises in the domestic rare earth industry chain, and there are no application enterprises - this is precisely the strength of Japanese and Korean enterprises," Ye Jianbin motioned to the assistant to switch the projection picture, "We look at this schematic diagram, Japanese and Korean rare earth enterprises have an obvious characteristic, these enterprises are closely related to each other through the trade agents of comprehensive trading companies such as Mitsui & Co. and Samsung C&T. and their shareholdings." Even if we consider the introduction of Japanese or Korean capital in deep processing and application enterprises, it seems that the rare earth industry chain will be improved in China, but it does not break up the close structure between Japanese and Korean enterprises in the downstream rare earth deep processing and application enterprises, and we can even predict that when we introduce Japanese and Korean capital in the rare earth industry, Mitsui & Co., Samsung & Co., with strong resources, can play a greater role and make the structure more close, which is why it is an opportunity to adjust the rare earth industry policy in China. The reason why the vast majority of Japanese rare earth companies have not moved, but Mitsui's offices in China are extremely active...... The introduction of foreign capital may be able to temporarily solve the problem of local economic development, but the exploitation of scattered enterprises that occupy the upstream resources of rare earths in China will be more serious, making the development of the rare earth industry more deformed and not subject to domestic control. ”

Cui Guoheng knew that Ye Jianbin had really done his homework, only to hear Ye Jianbin say again: "This situation not only exists in the rare earth industry, but also exists in other industrial fields. In '97, the country directly introduced nearly $30 billion in foreign capital, and the profits remitted abroad by foreign-funded enterprises in the same period were also close to $30 billion. Therefore, the introduction of foreign capital is not absolutely a good thing, we have to weigh the pros and cons, maybe most of the industrial fields, we need to make some sacrifices to introduce foreign capital to develop the local economy, but some industries, we should also see that the introduction of foreign capital for the time being is still more harmful than good, we should temporarily prohibit foreign capital from entering the relevant fields...... Let's not talk about other industries, but focus on the rare earth industry. Although the application of research and development institutions has some technical achievements, but the technical achievements have not been smoothly turned into commercial development of deep processing and application enterprises, and the dispersion of domestic rare earth enterprises, which ultimately leads to the absolute majority of rare earth industrial reserve resources in China, but there is no right to speak in the international rare earth market. The 516 case and the Zhangzhou case are of great significance to the rare earth industry, and I think this is an excellent opportunity for us to completely change the situation of the domestic rare earth industry. There are several ways: the establishment of a semi-official rare earth industry association to strengthen the control ability of the central ministries and commissions over the domestic rare earth industry, absorb rare earth enterprises as members, strengthen the role of major rare earth enterprises in industrial management, promote the connection between rare earth enterprises and institutions with shareholding, joint development, cooperative technology and research and other models, and strengthen the integration speed of rare earth upstream industries. Institutions are more closely linked......"

At this time, Ye Jianbin directly stated the goal of the afternoon research meeting: "...... The absolute output value of the rare earth industry is not large, and the total amount of domestic trade plus import trade is only more than 300 million US dollars...... After this period of contact with all parties, the plan has been adjusted, and the plan that comes out today is relatively mature, but it is still necessary to think deeply and familiarize ......"

Ye Jianbin motioned to his assistant to distribute some plan materials to everyone present, Cui Guoheng also had a copy in his hand, he opened it and took a cursory look, it looked like he had been preparing for a while.

The tentative name of Kumho Mining is a domestic trading company, not only to get involved in the rare earth industry, but also to include indium metal including a variety of domestic industrial reserves of the dominant position of the scarce metal industry, the capital structure is also dominated by state-owned capital, but the structure is quite complex, there are local mining enterprises, there are local commercial banks, there are local development zones or high-tech zones, there are also the original responsible for the import and export trade of rare earth products of the ministry mineral trading enterprises, Almost all the key institutions involved in rare earth mineral resources in China are linked through the form of capital cooperation, in fact, it is to closely unite the upstream rare earth mining, separation and smelting enterprises to form an industrial alliance.

In order to better the upstream resources of the entire industrial chain, Kumho Mining will also penetrate into the logistics system of the rare earth industry, which can indeed initially twist the passive position of the domestic rare earth industry in the international market. Kumho Mining will also invest in the existing and very small rare earth application enterprises in China, and strive to introduce advanced foreign rare earth technology into China to help these enterprises develop and grow, so as to finally achieve the balanced development of the entire rare earth industry chain from beginning to end.

Ye Jianbin is not just standing here to make a wedding dress for others, Shengxin and Kumho will join Kumho Mining as private capital, but the shareholding capital does not exceed 15% - this is also a relatively acceptable proportion by all parties, and may eventually be pressed to a lower ratio, but Kumho and Shengxin will raise 400 million yuan to Kumho Mining in the form of corporate bonds. After all, the integration of scattered resources and the establishment of joint research institutes require huge funds to support these actions.

"Why do we need to bring in local commercial bank investment?" Chen Rongkun, president of the Chinese Governance Association, asked after reading the plan, of course, he is not new to this plan, except for Cui Guoheng, the people present are not the first time to contact this plan, but the first time to get together to discuss this plan.

"Financing services are a fundamental feature of a general trading company, and in order to promote the balanced development of the entire industrial chain, it needs to be backed by strong capital forces. Kumho Mining's ultimate goal is also to form its own rare earth deep processing and application industrial cluster in China, and to achieve this step, it is not possible to solve it with three or five billion yuan, so it is necessary to introduce commercial banks ......to hold shares," Ye Jianbin explained.

"......," Chen Rongkun said after a little thought, "There is another thing that can be improved in this plan, that is, all the state-owned institutions that plan to contribute capital can first fund the establishment of a joint foundation, and then invest in Kumho Mining through this joint foundation, which will be better." ”

Ye Jianbin said: "These are all areas that can be discussed......

Ye Jianbin couldn't help but scold Chen Rongkun in his heart is an old fox, state-owned capital in the form of decentralized contributions in various mines, the number of shares held by each mining is very small, although Kumho holds no more than 15% of the shares, but it is still the largest shareholder, and can also influence the position of commercial banks in Kumho Mining through the shareholding in the commercial bank, but once all the state-owned capital first forms a joint foundation, and then invests in Kumho Mining through the foundation, then this joint foundation will occupy an absolute controlling stake in Kumho Mining. Kumho's influence on the United Foundation will be severely limited. However, if the leadership of this joint foundation is in the hands of the relevant ministries and commissions of the State Council, this plan may be easier to pass, right? After all, in such a monopolistic economy, the state will not be assured that private capital will have actual control.

Many staff members of the State Council's Rare Earth Office were involved in the 516 case, and the State Council appointed Chen Rongkun, former vice minister of the Ministry of Finance, member of the Chinese People's Political Consultative Conference, and honorary president of the Association of Rare Earth Governance, to participate in the matter in a semi-official capacity, also to find out whether there is another way out for the rare earth industry.

Of course, Zhang Ke also made it clear to Ye Jianbin that Kumho has no intention of competing with the state for control of these monopoly resources at home, and it is impossible to fight for it, and it is only in vain to cause trouble - this kind of condition will eventually choose to make regression, but at this time, it can be used in exchange for some other benefits.

After the 516 case and the Zhangzhou case were filed and investigated, the total amount of rare earth concentrate stolen from the domestic into the international market plummeted, and because the international market has concerns about the Chinese government strengthening the export management of rare earth products, the price of rare earth concentrate in the international market has risen significantly.

From an economic point of view alone, state-owned rare earth mining enterprises also have the requirement to strengthen alliances and seek more benefits, but the interests of all parties are not always the same, and strengthening alliances and controlling trade networks can limit private or local governments, especially some state workers in towns and villages, from using local rare earth mineral resources to make windfalls.

"After all, there is no shortage of far-sighted people ......in China" The seminar was held in the afternoon, and at the evening banquet, Cui Guoheng sat beside Ye Jianbin and couldn't help but express such feelings about the seminar below. He also had a small expectation, but Zhang Ke's student did not appear at the dinner banquet after all. After the afternoon seminar, Lu Wenfu has been busy reporting to Li Yuanhu, and Cui Guoheng has not had a chance to talk to him for long.

Ye Jianbin smiled slightly and said, "I also want to ask Dean Cui to be a good consultant for us...... Speaking of vision, I was inspired by the large number of articles by Dean Choi on the RB general trading company model. ”

Since the outbreak of the Asian financial storm in the middle of last year, the vast majority of the consortia established by HG imitating the model of the RB general trading company have suffered major setbacks, such as HG Daewoo, Hyundai, and even Samsung have all fallen into a serious economic crisis. This time, if we want to replicate the general trading company model in the rare earth industry, it is probably because Kumho generously agreed to provide most of the funds needed for the initial operation.

Kumho Mining has gathered many scattered rare earth mining enterprises in China, as well as local finance and commercial banks, and the registered capital is only a symbolic 20 million yuan, and even commercial banks will not provide loans to Kumho Mining in the early stage to avoid the most likely commercial risks in the early stage.

Cui Guoheng shook his head and smiled: "I will only bury my head in learning, if I want to say that it can really help the domestic rare earth industry, I still need to have Kumho, Shengxin and other enterprises with financial strength and lofty ambitions." ”

"What we can do is a drop in the bucket compared to the needs of the entire industry to develop," Ye Jianbin put all his energy into this matter during this time, and there are enough manpower and resources behind him to assist in sorting and collecting information, which is considered to have an understanding of the rare earth industry, "In recent years, one of the six new invention patents in foreign countries every year is related to rare earth metals, so it can be speculated that the investment in rare earth research abroad has reached an astonishing level." The 400 million we took out in the first step is already a bit big to use the word "a drop in the bucket" as an analogy......"

Cui Guoheng smiled, to fully catch up with foreign advanced technology in the field of rare earths, no matter how much money is invested, it is impossible to solve all the problems in the short term, the key is to achieve balanced development of the industry.

The scale of industrial formation will form a natural demand for technology, and domestic research institutions have sufficient technical research on rare earth mining, separation and smelting, and it is precisely because domestic rare earth enterprises are mainly concentrated in the field of rare earth mining, separation and smelting, and the downstream industry is seriously lagging behind, in addition to the field of military technology, the research of commercial rare earth technology has naturally not improved. If the state fails to stop it, and blindly emphasizes the introduction of foreign capital and the strengthening of the marketization process, this vicious circle will undoubtedly make the domestic rare earth industry in a serious deformed development and at the same time more deeply controlled by overseas manufacturers.

Some people can understand the truth, some people can't, some people pretend to be confused, but the real work has to be promoted by strong people to have the possibility of moving forward.

After the banquet, Cui Guoheng saw that Lu Wenfu might not be able to be free tonight, so he said goodbye and left, he also knew that there were some topics and secrets that he could not participate in, Ye Jianbin was very considerate and sent him back to the residence of Dongda.

Cui Guoheng kept thinking about the whispering between Li Yuanhu and Ye Jianbin before the afternoon seminar, and when he passed through Xuefu Alley, he asked the driver to stop the car and let him get off at the alley. He paced towards Xuefu Lane, saw the neon sign of the Chuangyu Internet Cafe, and slowed down, Du Fei, who got financing from Oak Park to found Chuangyu Company, was relatively easy to see, but Zhang Ke, who was famous in the Chuangyu Association and couldn't see people all day, was like a fog wrapped in a fog, making people unable to see his true face.

"Dean Choi ......"

Cui Guoheng looked back, Cui Yuman, Zhang Ke, and Du Fei were standing not far away to greet him, and they seemed to have just walked out of the youth apartment, and a young man in his thirties with a long beard was standing with them, looking at his appearance was a little similar to General Cui Wenyi, probably Cui Yuheng, a Xinhua News Agency reporter who was illegally detained in the Zhangzhou case, and his name was only one word different.

"Dean Cui is going home, right?" Cui Yuman introduced Cui Yuheng beside him and said, "This is my brother, who just came to Jianye yesterday to ......."

Cui Yuheng is recuperating while working in Beijing, and this time he came to Jianye with his father Cui Wenyi, in addition to continuing to track the news of the rare earth industry, he also came to Jianye to meet Zhang Ke again.

"My name is Cui Yuheng, and your name is just one word different from Dean Cui, Xiao Man has told me many times, and I haven't had a chance to visit you - I was discussing Dean Cui's article with your students just now," Cui Yuheng stretched out his hand and said with a smile, "Seeing Dean Cui himself, I don't know if there is an opportunity to ask for advice in person?" ”

Cui Guoheng glanced at Zhang Ke, who had a slight smile on the corner of his mouth, because he had some research on the RB comprehensive trading company model, he was invited by Ye Jianbin and them, and at this time, Cui Yuman's brother said that he was discussing his article, which must be related to the comprehensive trading company model and the rare earth industry, and said with a smile: "Trapped in the ivory tower to make a fuss, shallow knowledge, what to ask for advice or not to ask for advice......" and pointed to Du Fei and Zhang Ke and said, "Dongda University Business Academy is the most difficult for these two students, and Cui Da reporter is well-informed, I would also like to ask you to correct the shallowness of my articles......"

Zhang Ke observed Cui Guoheng for a few seconds, and after listening to what he said, he stepped forward with a smile and said, "We are going to see Brother Cui's father, General Cui Wenyi, Dean Cui has just returned from meeting with General Cui Wenyi, would you like to accompany me on another trip?" ”

Is it really the student in the academy who is hiding behind the scenes? The truth is so close to his eyes, Cui Guoheng is a little hesitant, of course he will not refuse to see Cui Wenyi again.

Cui Guoheng knew that Cui Wenyi, Li Yuanhu, Luo Jun, Ye Zhenmin, Liang Weifa, Ye Zhenmin and others would not be in a hurry to leave after the banquet, but some conversations and secrets were not something he could participate in, so he took the initiative to leave after the banquet, and Ye Jianbin and the others did not keep him.

Although he went to see Cui Wenyi, Cui Yuman and Du Fei did not accompany him, so he walked to the mouth of the alley with Cui Yuheng and Zhang Ke, Cui Guoheng knew that this was not a casual meeting.

The executive-level Mercedes-Benz sedan looks a little hard, respectful but not conspicuous, and seeing the car coming from the parking lot outside the alley and stopping in front of him, Cui Guoheng was no longer surprised in his heart. Zhang Ke asked him to get in the car first, and he calmly got into the car first, and then returned to the Jianye Hotel, first went to the living room on the top floor of the luxury suite, which was no smaller than the afternoon living room, and walked in first when he saw Lu Wenfu.

Lu Wenfu saw Cui Guoheng sitting here, and asked with a smile: "What, you met on the way over, do you still need me to introduce you to each other?" ”

No matter how dull Cui Guoheng was, he had guessed seven or eight points at this time, and the outside world also had all kinds of rumors about Kumho, but the rumors sounded really unimaginable. He shook his head and smiled bitterly, thinking about what to say, the door was opened from the outside, and he saw Ye Jianbin, Sun Shangyi, Li Yuanhu, Ye Zhenmin, Luo Jun, Liang Weifa and others accompanying Cui Wenyi and Chen Rongkun to walk in, but some people did not walk in, maybe it was not because the room was too small.

Chen Rongkun, former vice minister of the Ministry of Metallurgy and honorary president of the Metallurgical Association, walked in, stood there and looked at Zhang Ke for a few seconds, before laughing loudly: "There are talents in the country, each leading the way for hundreds of years, Gong Zizhen's poem is not written blindly, when I was in Beijing, I met with Xueping, and when I heard Xueping talk about Kumho, I regretted that you didn't find a chance to meet you after passing through Beijing several times......

Zhang Ke smiled modestly and said: "It's all about other people's work and credits, most of the legends of the rivers and lakes come from this, Uncle Chen wants to see me, I am a little timid as a junior......"

After the Ministry of Metallurgy was abolished, Chen Rongkun also took a back seat at the age, and continued to exert influence in the relevant fields of the central government as a think tank while serving as a member of the CPPCC.