Chapter 623 Transformation
After the problem in Wa State was solved, Chen Chen rushed to Myitkyina without stopping.
His chest injury had not completely healed, but he could not stop, so Pingchuan specially formed a medical team to serve him.
According to him, this was to prepare for the subsequent Dongfeng Corps' own medical team, and it was also one of the means to cultivate talents.
But if that were the case, wouldn't Chen Chen himself become a guinea pig?
Fortunately, with Pingchuan's support, the team was generally professional, and Chen Chen's actions were not affected.
After arriving in Myitkyina, he first met several people according to the original plan, including He Bangxiong and Peng Deren who were active in Myitkyina, as well as some representatives of the local civil service system.
These people had already heard about the results of Wa State, and whether they were worried or expectant, they always wanted to get an answer from Chen Chen.
And Chen Chen gave them this answer:
Kachin is not Wa State, and the big guys have other arrangements for Kachin.
At least in the short term, the route here will not change much.
As soon as this answer was given, some people were disappointed, while others were greatly relieved.
But in general, the situation in Kachin, which had been slightly turbulent due to the Wa State Incident, has stabilized again, and Chen Chen finally has time to check on the progress of ORSIS.
Since Yegor arrived in Myitkyina, his work has been as urgent as Chen Chen's.
Importing equipment, mobilizing manpower, purchasing raw materials, forming a research and development team and building a laboratory.
The difficulty of making a gun is more complicated than Chen Chen expected, but fortunately, Dongfeng Group has nothing else but a strong financial position.
All difficult things can be solved directly with huge amounts of funds.
It is based on such resource tilt that the construction progress of the Myitkyina Arsenal is quite amazing.
It has long moved out of the hidden and dim basement and stands openly on a large piece of newly developed flat land.
And with the traditional skills of some engineering teams from the north, most of the factory buildings have been built. The next most important thing is the installation and commissioning of the equipment.
Chen Chen and Yegor stood side by side outside the construction site where the machines were roaring for a while. The latter said to Chen Chen with emotion:
"Your team is the most efficient team I have ever seen. My choice is indeed correct."
"Here, there are no complicated approvals, no funding restrictions, and no external factors interfering."
"I don't even need to consider any international laws, sanctions, or arms trading rules, because there are no rules here."
"For a company like ours, this is absolutely the most perfect environment."
"It should be impossible to find a second such environment in the whole world."
Yegor's words were not a compliment. In fact, the restrictions he mentioned are not difficult to achieve if they are separated.
And they chose to open the first base in Peshawar before, precisely because of these restrictions.
However, the advantages that Peshawar can provide are limited after all. The simplest one is that Pakistan cannot give them unreserved protection. When they conduct research and development and production, they will inevitably be under pressure from the "international".
And this alone will reduce their work efficiency by at least 20%.
In contrast, Pubei does not have such pressure.
If there is any difficulty, the biggest difficulty is that if they want to obtain more advanced technology and equipment, they must receive an audit from their partners.
However, this difficulty can be circumvented by certain means--that is why they want to retain the ORSIS company in Pakistan.
Through that company, they can get everything they need.
So far, the Myitkyina Ordnance Factory has been upgraded to a complete form.
Next, it is an unstoppable hurricane.
Of course, the premise of all this is the continuous blood transfusion and continuous capital investment of Dongfeng Group.
So, how long can they last?
Thinking of this, Yegor couldn't help but worry.
Before Chen Chen could speak, he said:
"We expect to complete the manufacturing of the first batch of prototypes within 4 months, but to do this, we need at least 40 million US dollars in investment."
"I want to confirm whether you can still invest in this project and whether you can guarantee the stability of investment?"
"After all, once the capital chain is broken, or there is a problem with the timeliness of the funds, the pace of the project will be greatly affected."
"At that time, it will not be a matter of 'slowing down'. Once the chain of the entire project is broken, this gun may never be made."
Hearing Yegor's words, Chen Chen nodded slightly and replied:
"I know."
"But you don't need to worry about this problem."
"For some time to come, this project will be a key project within Dongfeng Group, and its priority will be maintained at the highest level."
"You can't be short of money. What you have to consider is how to spend the money with the highest efficiency."
"You know, since you joined Dongfeng Group, I have not conducted any unnecessary supervision on you at any level."
"Our cooperation is based on mutual trust, and I hope that this mutual trust will bring good results."
"But if the project eventually goes wrong, you are still the biggest person responsible."
"And once we start to hold people accountable, the means will not be gentle."
There was a hint of threat in Chen Chen's words, but Yegor did not seem to be disgusted by such threats.
He just smiled calmly and then said:
"This is what I admire most about you--you will say the bad results in advance."
"To be honest, this doesn't seem like something you northerners would do, right?"
"I heard that northerners like to beat around the bush in both interpersonal relationships and business cooperation."
"That's just a prejudice."
Chen Chen waved his hand to interrupt Yegor and explained:
"Maybe it was like this for a long time, but now, it has changed."
"The binding force of the unspoken rules is weakening, not to mention in places like Pubei."
"Okay, this question doesn't need too much discussion. Discussion. "
"I have given you everything you need, including the design direction."
"I just hope that in four months, you can show me a satisfactory result."
"Absolutely."
Yegor nodded solemnly:
"With such abundant resources, if I still can't produce what you want, there is no need for me to gain a foothold in this industry."
"Wait and see, our products will definitely create a new era."
The second half of Yegor's words was swallowed up by the roar of the propeller. At this time, a helicopter slowly landed from the air, and workers moved a huge sealed box from the cabin.
Chen Chen knew that the sealed box contained the most important metal material for this new gun.
Dozens of hours ago, this batch of materials was still lying in a temporary transfer warehouse at a base in a country in the Middle East, and now it has appeared in a place where it should never appear.
In order to get it, Yegor paid a price that was four hundred times more than the cost of this batch of materials, but it was definitely worth it.
Because the premium is not only to buy the materials themselves, but more importantly, it can ensure that the "warehouse theft" will not appear on the headlines of the next day's news.
Thinking of this, Chen Chen couldn't help but smile.
He turned to Yegor and replied briefly:
"Okay, wait and see."
After finishing the "inspection work" of the arsenal, Chen Chen's trip to Myitkyina has not yet ended.
Peng Xucheng's plane flying back from Peshawar happened to land today, and he didn't stop at all. After learning that Chen Chen was in Myitkyina, he immediately took a small plane from Bangkok to Myitkyina and met him in Chen Chen's office before dinner time.
Without any greetings, or even a word of concern for Chen Chen's injury, the first sentence he opened was to get straight to the point.
"The situation in Peshawar is more optimistic than we thought. Pakistan's arms import ban has not been strengthened as quickly as we expected in the short term, and there are even signs of loosening."
"This is probably related to the situation in the Middle East. The Pakistani government seems to intend to build Peshawar into a complete arms distribution center to provide logistical support for the entire Middle East."
"In other words, Peshawar's market is expanding."
"After that, Peshawar's radiation range will no longer be limited to Pakistan, but will continue to expand westward, and may even establish cooperative relations with Iran and Iraq."
"Such changes will inevitably bring a major impact on the world's arms market. If we want to enter the game, now is the best time."
"Peshawar will become a sealess free port. If we occupy it, we can occupy the entire Middle East and Africa."
"I need funds, a lot of funds."
"The first round of investment must reach at least 1 billion US dollars. We"
"Don't have that much money."
Peng Xucheng's words were not finished yet, and Chen Chen waved his hand to interrupt directly.
"You are the God of Wealth, you know the company's financial situation very well."
"We have less than $400 million in liquid funds on our books. Although the assets are large, most of them cannot be converted into cash immediately."
"Including Syria, the revenue cycle there is at least three years, if not ten years."
"You want me to pay $1 billion, where can I get it from?"
Looking at Chen Chen's helpless expression, Peng Xucheng took a deep breath, paused for a moment, and threw out the answer he had prepared long ago.
"It's time to consider transformation."
"The early wild growth period has passed. Our large-scale group can no longer rely solely on the war contracts of the Dongfeng Corps to seek development."
"What we need is a healthier way of operation and a safer business model."
"The mission of the Dongfeng Corps must be downgraded. Only in this way can we get enough cash flow."
"Distant water cannot quench immediate thirst."
Chen Chen interrupted Peng Xucheng again, and then said:
"I understand what you mean. This is also the direction of the subsequent transformation of the Dongfeng Corps."
"But now, what you need is a full $1 billion."
"Even if we announce the transformation on the spot and start taking on international security contracts, the question is, how many contracts will it take to make up for the difference of $600 million? How many customers are willing to cooperate with us at this point in time?"
"After all, all our previous reputations were earned in real wars."
"We are proficient in fighting Yankee special forces, but we may not be able to defend against a killer riding a motorcycle with a pistol in his crotch."
"This is still a technical issue, but a business issue."
"I don't care about technical issues."
Peng Xucheng also interrupted Chen Chen and then said:
"It's a technical problem, I believe you can find a solution."
"I have a solution for business problems."
"Yes, it is unlikely that we will be able to obtain sufficient contracts in a short period of time and use the deposits from these contracts to make up the difference."
"But we will definitely be able to get these contracts in the end."
"So what we have to do is very simple, sell out financing."
"We will raise funds from all investors based on the contract income rights in the next five years."
"This will not affect our equity structure, but we can also obtain sufficient funds in advance."
"The most important thing is that we can avoid the review of most financial institutions, especially banks, and are more operational."
"That's the problem."
Chen Chen raised his hand to stop Peng Xucheng who wanted to continue speaking, and then asked:
"Sell-out transactions only exist within the reach of the law, because they must be based on contracts."
"What about us? How do we ensure the smooth progress of the three-party transaction? How do we ensure that investors get their money in the end?"
"Aren't they worried that when it's time to collect money, we will turn against each other?"
"After all, we are not an ordinary company. If we don't admit our debt, there is really nothing they can do."
"So we have to sell to the stronger one."
Peng Xucheng seemed to have expected that Chen Chen would ask this question, so he explained:
"There are only a few options in the entire market that can take advantage of our sell-out contract."
"There are even fewer people who are willing to eat."
"The north is unwilling to participate. We cannot allow the United States and Mao Zedong to participate, but the governments of Syria and Pakistan can."
"They need long-term returns, the ability to be unruly, and the ability to constrain us."
"They are the perfect partner. If we can promise an annual interest rate of more than 30%, I guarantee they will beg us to sign a contract."
"I have already talked with the person in charge of Pakistan, and their intention is very clear."
"How about it? Do you want to do it?"
After Peng Xucheng finished speaking, Chen Chen couldn't help but take a breath of cold air.
He always thought that for a non-combatant like Peng Xucheng, it was impossible to find any "radical" potential in him.
But now it seems that even in the mall, he is much crazier than many people.
The annualized interest rate of 30% means that Dongfeng Corps’ new business must achieve a profit of at least five times within three years to barely cover the financing costs.
Can this kind of business be done? ?
If it is in other industries, it is absolutely impossible.
But arms.
Or Peshawar.
A Peshawar that targets the future of the entire turbulent Middle East.
No problem at all.
"That's it."
Chen Chen made a decisive decision and then said:
"This will be the first step in Dongfeng Group's transformation, and transformation is not without risks."
"But I hope our adventure will be worth it!"