Investment Life

Chapter 128

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"What?" Sun Guoqiang was slightly taken aback, and immediately reacted, "In your hometown... It's the molybdenum mine in the mountain valley in western Henan, so it is indeed a good development route. Xiao Chen, you are this I want to return home and invest in the construction of my hometown.”

"When you get rich, you naturally want to benefit one party." Chen Yuanming smiled, but did not refute.

In fact, even if there is no demand for DVD dyes, investing in hometown construction is what Chen Yuanming is ready to do. As early as a year ago, he began to think systematically about how to develop the economy of his hometown, but with the further understanding of the international situation and economic operation, Chen Yuanming gradually found that he wanted to fundamentally revitalize a lack of water transportation and highway transportation. For inland cities where the Internet has yet to take shape, the price to be paid may be even greater than I imagined.

However, contrary to the economic and transportation situation, Henan is also a resource-rich province. Except for the slight shortage of basic industrial raw materials such as iron and copper, the reserves of various non-ferrous metals, especially molybdenum, bauxite, kyanite, etc., are ranked in the country. In the forefront, coal and natural gas production is also very sufficient. Coupled with the Sanmenxia Dam built in the early days of the founding of the People's Republic of China and the Xiaolangdi Water Control Project, which is recently put into operation, it can be said to be a natural heavy industry development base.

It’s just that heavy industry involves the lifeline of the country. Just like the large state-owned enterprises in my hometown, almost every one of them produces necessities for national defense, and it can easily be converted into a military manufacturing factory during the war. , it may not be easy to invest. Therefore, after careful consideration, Chen Yuanming finally locked in the rare metal mining and deep processing industries mainly based on the molybdenum industry.

Just in the deep mountains of western Henan near Chen Yuanming's hometown, there are extremely rich and unique mineral resources. The existing proven mineral deposits have reached more than 50 types in 4 categories, among which molybdenum metal reserves are the third highest in the world and the third in Asia. First, it is known as the "Molybdenum Capital of China". Although molybdenum is not well-known, its importance to modern industry and high-tech industries is inestimable. The steel industry, aerospace industry, chemical industry, electronics industry, and even the nuclear industry are closely related to molybdenum metal.

After a period of investigation, Chen Yuanming has a general understanding of the current development status of the molybdenum industry in his hometown. Due to the lack of technical strength and lack of support for key national projects, private mining is still the main source of mining in western Henan, which is no different from other small mines in China. , the industrial structure is unreasonable, the collection and mining have no security guarantee, the impact and damage on the environment are extremely bad, and it is still in the primitive accumulation stage of eating land. At present, the real power of the molybdenum industry has not yet erupted. Most of the mine owners fundamentally lack the concept of deep processing and even further utilization of mineral resources.

Sun Guoqiang obviously also took this into consideration. At present, rare metals are still an export tax rebate industry, which is a project supported by the state to exchange foreign exchange for exports. Although the export tax rebate of rare earths is facing cancellation, it is not necessarily the case for molybdenum ore. With a light sigh, Sun Guoqiang couldn't help but sigh, "Other people return to the village to build bridges, pave roads, build schools and build buildings, but you chose to invest in the industry. This courage alone makes a big difference. However, the situation facing the mining industry is comparable to that of others. The industry is much more complex, and you have to be mentally prepared.”

"If you can't think of any other smarter way, just use the stupid way first." Chen Yuanming didn't care and replied with a smile. "However, the road still needs to be paved. Recently, we are still playing the first battle. Let Yuan Yang charge ahead."

"You, it's a capitalist habit, money can't be idle." Sun Guoqiang laughed, "But if it can be achieved, it is a good benchmark. Rare earths and rare metals are similar in nature, how to develop and utilize them rationally is still a university question, and a new way can be figured out. It's also a good thing."

"Then take me as a pawn first, but if something goes wrong, Director Sun, you can't leave the pawn to protect the car."

"Where is it!"

With the basic consensus, the two talked for a while about the problems that may be encountered in the future operation of the fund, declined Director Sun's lunch invitation, and Chen Yuanming drove directly back to the Dianjinshi headquarters.

Now Junteng Building has been fully owned. Since it is one of the most high-end office buildings in Zhongguancun, the companies that have settled in are very promising. The parking lot downstairs has long been filled with luxury cars, and the second floor with higher floors is not far away. The foundation of the project has also been laid, and the construction is in an orderly manner. Scanning the vacant space next to his parking space, the Nissan Bluebird who often parked here disappeared, Chen Yuanming calmly looked away and walked towards his office.

In the afternoon, there was a regular meeting at Dianjinshi to take stock of the company's investment projects and problems in the first half of the year. The head office in the United States is still operating well. At present, Hotlworks has been born. Like other new network companies, it has chosen Dianjinshi as an angel investor. Netscape is preparing to go public. Look, the development of this line is really good.

Compared with Netscape's smooth sailing, Yahoo's recent changes are somewhat unsatisfactory. Due to SoftBank's interference and the changes in the opinions of the two founders, it is difficult for the touchstone to make a difference within Yahoo. In the end, Chen Yuanming decided to withdraw his investment through repurchase after Yahoo's official listing next year. In addition, investment in other seed companies is also in progress, and the results are still good. But the investment in China has become a different picture.

Since the official operation of Dianjinshi China branch in the first half of the year, the partners here have fallen into a strange dilemma. There are a lot of talents who come to consult and try to deliver the business plan. They are basically top students from the surrounding colleges, but very few of them can pass the interview and get the start-up capital in the end. It is not that these talents do not have the corresponding strength, but they regard the communication interview with the partner as a real "employment interview".

These people tend to have novel ideas, good practical skills, but almost no business knowledge. When a partner asks questions such as "how to make money" and "how to run a business", it is either a question or a naive and unrealistic idea. This group of talented people from China's highest universities have not experienced the baptism of Silicon Valley-style entrepreneurship. Because China's entrepreneurial environment is currently far inferior to that of the United States, this group of geniuses in the ivory tower has some display. Do not open hands and feet.

On the contrary, in non-high-tech industries, such as clothing companies like Sun Qing, there have been several projects that are quite promising, including the catering industry, the transportation industry, and even a small chain company specializing in electrical appliances. What these investors have in common is that they already have the prototype of the company and have a considerable business philosophy, but they want to expand their operations, but they are not in line with the current bank loan policy. as a ladder for further development.

For such an industry, Chen Yuanming certainly doesn't mind investing money in it, but opening an angel investment company in Zhongguancun is not for labor-intensive industries. How to solve the "difficulty in starting a business" faced by high-tech talents is the key. For this point, the Chinese and American partners sat down and talked for a long time, and initially proposed a prototype to solve the problem.

To establish a new system modeled on the small business investment in the United States and Tsinghua University's Ziguang model, in other words, it is to integrate "angel investment" and "incubator" to establish an angel investment industry base. The partners approve those basically qualified plans, let the founders enter the venue, and provide them with capital, business, technology, market, manpower, legal, training and other needs through the power of the touchstone, and help those who lack the actual business operation ability. Founders incubate their companies. If such training cannot help them get started, then the base will introduce them to the corresponding enterprises and adopt the employment system to directly convert the technology into production.

In this way, talented founders will embark on their own entrepreneurial path more easily, while those pure technical talents who really lack business acumen can use technology to invest in shares or apply for jobs. This will be a win-win between individuals and enterprises, and an entrepreneurial model suitable for the Chinese market.

Chen Yuanming naturally has no objection to such a suggestion. In today's China, let alone the field of entrepreneurship, even talent exchanges are in the most primitive buyer's market. The benefits of developing the big picture are also obvious.

The meeting was held until the sun was tilted westward, and the prototype of this entrepreneurial base was generally established, but it still took a long time to run in and improve continuously. After simply arranging tomorrow's schedule, Chen Yuanming asked Li Fangqing to book a restaurant and was going to invite all partners for dinner. If there is no accident, he should leave for his hometown in a few days, and it is better to make arrangements for the affairs here.

Soon the hotel was booked. Several people took the elevator and walked towards the underground parking lot. However, the moment the elevator door opened, Chen Yuanming was stunned. Manager Ma beside him smiled and greeted the people outside the elevator door. , "Mr. Xiao, are you still working overtime so late?"

"There are some things that need to be dealt with." Xiao Junyi replied with a smile, then turned to look at Chen Yuanming, "Director Chen, I just want to discuss something with you, take a step to speak?"

The voice of the other party was too natural, as if nothing had happened. However, a few steps away, he could smell the strong smell of alcohol and a hint of lady's perfume, and it's not hard to imagine what kind of occasion he just got out of. Chen Yuanming paused, but the thoughts that flashed in his heart did not show on his face. He nodded and apologized to the partners around him. He followed Xiao Junyi to the parking lot next to him.

(End of this chapter)

The author has something to say: PS: Regarding the angel investment model, it is actually the prototype of the "Innovation Workshop" founded by Mr. Kai-Fu Lee, but a little adjustment was made according to the situation at that time.