After some manoeuvring, the first batch of payment from Iraqi Dallam Company was transferred to the account of the Red Star Factory, which was the 18th day of the first month of 1982.

According to the agreement, the Red Star Factory must transfer all the payments in the foreign exchange account except for its own part to the foreign exchange account of the Red Star Defense Company. In the transaction between Iran and Iraq, the Red Star Factory acted as a middleman, and the remuneration was a one-time - two percent of the transaction value.

Iraq's Dharam company had an order of about $300 million, so Red Star was able to receive $6 million in the deal. However, according to the agreement, Dharam only paid 30 percent of the transaction value in cash, or about $100 million, and the rest was paid with oil at an FOB price of $15 per barrel.

According to Li Lu's shareholding in Red Star Defense Company, his dividend ratio is 20 percent. Among the $300 million transaction volume, there is a very crude calculation of the gross profit - 1 to 1 to 1 into Huaxia dollars and then multiplied by 120 percent, which is the cost, that is to say, the cost of 300 million US dollars of goods is about 360 million Huaxia dollars, which also excludes the part of the Asian Tiger Tank, because more than half of the profits of the Asian Tiger Tank belong to the foreign enterprise consortium headed by Chrysler Defense Company.

However, Red Star Defense did not sell Asian Tiger tanks to Iraqi Dharam, and their list was full of domestically produced equipment.

In other words, at the official exchange rate, Red Star Defense was able to earn more than $200 million in gross profit on this order. As a matter of fact, the Red Star Defense Company and the Red Star Factory still have a contract stipulating that the two major shareholders of the New Guangming Factory and the Zhenxing Company will give the Red Star Factory a one-time payment of 360 million Huaxia yuan, on the condition that all the 300 million US dollars of the payment will be paid to the account of the Red Star Defense Company.

It should be pointed out that the third largest shareholder of Red Star Defense Company is Li Lu, a natural person, not Red Star Factory. In other words, although individuals do not have the right to use foreign exchange independently, at least on the books, Li Lu still has 20 percent of the profits.

In this way, there is almost no foreign exchange that can be used in Li Lu's hands, and all of them are Huaxia coins. Looking at it this way, it is very unfair to the Red Star Factory, but Li Lu is happy to do it - the national interest is paramount.

There is also a very important problem here – Dharam only pays 30 percent of the price in cash, and the rest is paid for in oil. In other words, not only did Li Lu not get half a penny of US dollars, but he also owed almost 200 million US dollars to Xinguangchang and Zhenxing Company. Therefore, this condition was unilaterally agreed to by him, promising to take all the risks.

After signing a crude oil contract with Japan's Mitsui Corporation, this pressure has been reduced a lot, and two 50,000-ton oil tankers have arrived at the dry port to complete the transaction procedures and send them to Japan. Later, he received great help from the logistics department of the military region (the department in charge of the revitalization company), so Li Lu no longer had to risk the time difference.

So far, the two super orders with Iraq Dharam Company and Iran Puda Company have entered the normal implementation stage, and the relevant suppliers have started production at full capacity, and many factories have burst out of production enthusiasm in the fifties and sixties in places that many people can't see, saving thousands of factories that have fallen into difficulties.

On the morning of the same day, Fang Hecheng brought a simple inspection team to the Red Star Factory to visit the Red Star Factory.

The two sides first held a symposium, and at the same time, Fang Hecheng, on behalf of the relevant departments, officially issued a military manufacturing license to the Red Star Factory.

When Fang Hecheng handed the representative qualification certificate to Li Lu, he said, "Comrade Li Lu, I hope that the Red Star Factory can make persistent efforts to make greater contributions to the construction of the national defense industry." ”

Li Lu immediately said: "All the employees of the Red Star Factory must go all out, always put the interests of the country in the first place, always keep in mind the fundamental purpose of winning glory for the country, and continue to carry forward the fine tradition of hard work!" ”

"Well, good, good." Fang Hecheng nodded with satisfaction.

The simple ceremony was completed, only a few people from both sides participated, but it completed the most critical step for the Red Star Factory - it had the legal status to research and produce military products.

Then, the two sides had a conversation, and then Li Lu accompanied Fang Hecheng to visit the Red Star Factory, and a group of entourages followed behind, and there were no reporters accompanying the interview, and even Fang Hecheng and them were wearing civilian clothes.

The two watched and chatted.

Fang Hecheng said, "Xiao Li, I have to thank you for refusing Zhenxing Company's transfer of shares in Red Star Defense Company. ”

"Chief, I can't afford your thanks, I was a soldier, I just did what a veteran should do." Li Ludao, "The army needs to develop, there is a great shortage of foreign exchange, in the next few years, the Red Star Defense Company can create a lot of foreign exchange, which is very important for the troops." ”

"Yes." Fang Hecheng sighed and said, "It's me who is short-sighted. Five-axis linkage CNC machine tools are very important for the research and development of military equipment. ”

Li Lu smiled, "Now the problems have been solved. ”

"The tens of millions of dollars in foreign exchange obtained by the troops have solved the urgent need." Fang He said, "Cheng Luoma Aircraft Factory submitted a plan for them to develop a third-generation fighter on their own. There seems to be a sense of support from above, which requires a lot of foreign exchange. ”

"I see." Li Lu's mood was unwavering.

The production line of the first workshop opened the eyes of Fang Hecheng and other army cadres, although it was still a relatively simple assembly line, it was already several grades higher than that of many factories in China. But seeing that the parts were sent in from that end, after more than a dozen major processes in the middle, at this end, the car was basically formed.

Fang Hecheng was a little dumbfounded, and asked, "Xiao Li, how did you get this production line?" ”

"The obsolete products of the United States, we have transformed them, and they can produce a variety of models, but they are not up to the level of foreign factories, almost 60 percent." Li Lu said, "From the production line, it has to be sent to the second workshop to complete the saved 40% of the process. ”

"That's good, too." Fang Hecheng took a closer look and said, "I'm afraid there can be fifty cars per day." ”

Li Lu said, "At full capacity, our annual output can reach 30,000 units." ”

Fang Hecheng was taken aback, pointed to the frame of the Red Star BMW X1 on the production line, and said, "What kind of car is this?" ”

"The first mass-produced car of our Red Star factory, an urban multi-purpose vehicle developed according to the world's advanced concept, is called Red Star BMW X1." Li Lu said, "This car has strong off-road performance, and at the same time, comfort and space have been reasonably optimized. Ideal for public service. At present, we have obtained an order for 100 units in Shanghai. ”

Fang Hecheng said, "I think this car is very suitable to replace the 212 jeep, I don't know how much it costs?" ”

"Thirty-three to seventy-nine thousand." Li Ludao, "It mainly depends on the configuration of the vehicle. However, if it is to be used by the troops, it may only be used as a passenger car for daily commuting, and it is not suitable as a combat platform. ”

Fang Hecheng was very satisfied, "The price is about the same as that of a 212 jeep, you are very suitable." ”

Li Lu said with a smile, "Chief, I won't tell you anything, every time I sell one, I will lose thousands of yuan, and maybe even more." ”

"Why?" Fang Hecheng asked puzzled.

Li Lu said, "Because the engine and gearbox used in the Red Star BMW X1 are all imported, the cost is very high. To set such a price, the first is to take into account the domestic consumption power, and the second is to strive to open the market as soon as possible. ”

Fang Hecheng nodded slightly, and did not say more. Even if it is a price of 30,000 or 40,000 yuan, the troops can't buy many units. Shanghai is so wealthy that it only placed an order for 100 units. However, he thought that Li Lu's strategy was correct, and it could even be said that his intentions were sinister.

Shanghai brand cars and Hongqi factory cars are often two or three hundred thousand, and some places spend a lot of manpower and material resources every year to do this in order to win a few places. As for the 212 jeep, that car has long been unusable.

Li Lu is doing this, there is no doubt that the entire automobile market will be completely muddy. Especially when the state intends to open up the automobile market, such a move is very likely to bring the products of other automobile factories into a point where they will never recover.

There is no technical content in such a road, and Li Lu is just using the "money-burning tactics" commonly used by many enterprises decades later. He doesn't have dollars, but there are more Huaxia coins. In the transaction of the Iraqi Dalam Company alone, he will be able to earn 360 million Huaxia dollars within three years, more than 100 million yuan a year, and burn it casually.

Walking all the way, Fang Hecheng looked up and saw a high-rise building under construction on the piece of land in the distance, and asked curiously, "What is that place?" What kind of edifice was built? ”

Li Lu said with a smile, "Chief, that is the living area of our Red Star Factory, and what is being built is a staff community. The high-rise buildings you see are multi-storey residential buildings. ”

"Your staff community has skyscrapers!"

Fang Hecheng was not surprised, and walked straight over.

Note: Happy Mother's Day!