Chapter 74: Protecting Xinghai At All Costs
As Minister Zhang’s words fell, the atmosphere in the meeting room seemed to be frozen in place.
Fan Ren was also shocked. What did this mean?
He subconsciously looked toward Director Ye, but the other party was still smiling at him with that amiable expression, saying nothing else.
The representatives of various enterprises on site truly felt at this moment that they had come to the right meeting today.
What did the Ministry of Economy and Trade mean?
These people who had been in the business world for many years had guessed, upon discovering that these big shots were also attending today, that this might be to support Xinghai.
But Zhang Jing’s statement at this moment truly indicated that this visit was not just as simple as supporting Xinghai.
This was truly putting real gold and silver on the table to help Xinghai recover the profit losses caused by sanctions.
This was an unprecedented form of support in China’s history.
In this way, it could be anticipated that the upcoming struggle with the White Alliance had elevated from Xinghai as a single enterprise to competition at a higher level.
After a brief silence, Fan Ren stood up without regard for the many people present and bowed to Minister Zhang.
Jin Qiaoying also reacted and followed by saying, “Thank you for the Ministry of Economy and Trade’s support. I’m not afraid of you all laughing, but Xinghai’s original next plan was to leverage our company’s advantages in high-voltage radio technology, solid-state battery, and chip technology combined to establish a fully mechanical automation factory to greatly increase chip production capacity.
Without the Ministry of Economy and Trade’s funding support, this process would undoubtedly take quite some time.”
At this moment, Li Jiandong spoke up to interrupt, “Excuse me, General Manager Jin, what is the difference between this so-called fully mechanical automation factory and traditional automated intelligent factories?”
Hearing this, Fan Ren reached out to pull the microphone closer; he would answer these technical questions.
“There is a difference, especially with the graphene chip, we can utilize the chip’s powerful computing power to calculate every link in the production process very precisely. Combined with our high-voltage radio technology upgraded with carbon tubes, as well as solid-state battery.
The three combined, according to my calculations, can increase production capacity by nearly three times compared to traditional semi-automated factories.
Moreover, in terms of consumables, due to the use of Star Calculation No. 1 AI computing series chips, the losses in each link can be controlled to the minimum value.
In this way, production costs can also be controlled to around 70% of traditional factories.”
While Fan Ren was explaining, Minister Li was recording the relevant details he mentioned on his notes, and even when he stopped, he smacked his lips with some lingering interest.
“Impressive. Our Ministry of Industry should learn well from you. With Xinghai’s current achievements, to be honest, even lying on the merit book eating old capital would fill the bowl to the brim, but General Manager Fan is still further optimizing technology and considering directions for new technology applications. This is truly worth learning from for our Ministry of Industry and everyone present.”
Minister Li straightened his body without pausing and continued to Jin Qiaoying, “The Ministry of Industry can’t help Xinghai much with funds, but if there are any issues with equipment or related procedures, within the Ministry of Industry’s capabilities, we will absolutely do our utmost to prioritize mediation for your company.”
The meeting continued, but midway, Director Ye had to leave due to time arrangement issues and called Fan Ren onto his private car as he departed.
Following Director Ye onto the private car under the bodyguard’s escort, Fan Ren sat somewhat restrained in the car, even refraining from looking around out of curiosity due to concerns about secrecy.
Ye Rongshan glanced at him closely and nodded inwardly.
From his appearance alone, Fan Ren showed no bad habits, which was very much to his liking.
“I only learned about your specific information for the first time before coming. Not easy. Growing up all alone to this point today, young man, truly not easy.”
Hearing the elderly person’s heartfelt sigh, Fan Ren felt a warm current flow through his heart.
“Director Ye, it’s nothing remarkable. I grew up in an orphanage, my schooling benefited from the nation’s support, and in university I had student loans, as well as help from classmates and scholarships. Actually, it might not be as tough as you imagine.”
Seeing his modest demeanor, Ye Rongshan waved his hand with a smile and did not continue the topic.
“Time issue, I won’t linger long in Linhai, otherwise I’d quite hope to visit your Xinghai, but no matter, there will be plenty of opportunities in the future.”
The car headed toward the airport, Ye Rongshan’s tone carrying some regret, then he changed the subject.
“Regarding the White Alliance’s sanctions, Xinghai doesn’t need to pay too much attention. Over these years, such incidents are not uncommon, just this time they went particularly overboard. For now, focus your main energy on the domestic market, and I also believe that with the domestic market’s enormous size alone, it can ensure Xinghai’s normal development for a very long time.”
Fan Ren nodded, listening quietly.
“Not returning a favor is not the way of a gentleman. In the past, our many concessions boiled down to inferior technology; many concessions were helpless measures to seek development space. But now it’s different. Impressive, young man!”
Ye Rongshan sighed while giving him a thumbs up.
“The advent of the graphene chip has completely turned this situation around. From now on, in high-tech chips, our China has thoroughly broken their technology blockade.
This is also why the three ministers came together this time.
What I want to tell you is that Xinghai is a seed of civilization. You have done what you should do, and China will not allow anyone or any force to seize it through trickery or bully it arbitrarily relying on market position.”
At this point, the elderly person’s originally amiable aura suddenly changed.
Fan Ren looked at Ye Rongshan, who suddenly seemed somewhat unfamiliar before him, and felt a bit unadapted.
“The White Alliance will be handled by us. The current situation is no longer like before. With graphene technology, the White Alliance’s high-tech embargo against us has lost its effect. From now on, China will launch a series of counter-sanction measures against the countries participating in this sanction by the Baiyue Alliance, including but not limited to asset freezes and restrictions on their trade-related sanction measures against our country.”
Ye Rongshan gazed out the window, and Fan Ren could sense a feeling of exhilaration in his tone.
“Director Ye, for you to say this means you fully believe in our Xinghai. I assure you here that Xinghai will absolutely not betray your trust.”
Fan Ren himself felt that these words he said subconsciously were influenced by the elderly person’s aura; they might be somewhat impulsive, but he did not regret it.
“You also know, Xinghai is my wholly owned company; I call the shots.”
He made a little joke.
But Ye Rongshan knew it was fact, and this was one of the key points why he and the major departments valued Xinghai so highly.
Fan Ren’s resume was clean and white, without the slightest blemish.
Counting globally and domestically famous high-tech enterprises, almost no non-listed enterprises have founders holding over 90% shares.
And Fan Ren had achieved this.
What Ye Rongshan knew even more was that 70% of all profits from Xinghai Technology to date had been invested by him into technology research and development.
This is an unprecedented existence in the history of physical company development.
And precisely this point made them feel it was especially valuable. This allowed them to make such a determined effort to protect Xinghai.
