In the initial stage of accumulation, it is necessary to spend money. How can we catch up with the technological frontier and acquire new technological accumulation without spending money?

Part of the reserves in Oriental Times Bank was borrowed by Ng Fung Bank, and a Yemeni businessman, At, recharged a lot.

Li Xuewu is mentally prepared. Part of this money must be used as collateral to obtain technology and equipment resources from foreign companies. The frozen status will be lifted when the products are officially delivered.

But if you really have to wait until all the preparations are completed before thinking about making technical reserves, the day lily will be too cold.

Li Xuewu just wants to catch them by surprise and attack them unprepared. He has taken a look at the current development model of domestic car companies that cares about the head but not the back, and is dedicated to poking their backs.

The first generation of Red Star Antelope has not yet been officially put into production, but the second generation of Red Star is already on the right track of research and development.

After the Antelope Generation was officially put into production, Li Xuewu could only give them half a year to produce a test model for road testing.

The first generation has opened up the market, and the second generation has gradually advanced. It will close the gap with 212 cars within a year and a half, and catch up with them!

The second generation is undergoing road testing, and the research and development of the third generation is about to be launched. It is about to achieve a leapfrog assault and surpass the 212 cars in one fell swoop to become the trump card product of domestic off-road jeeps.

Not only engine technology, but also leadership in other technical fields.

Within five years at the latest, Beijing Automobile must not be able to see the technical ass of Hongxing Factory, and it must not be able to catch up even with cigarettes.

Li Xuewu was most afraid of someone standing behind him, not even technical threats.

After talking about the automobile industry with Xia Zhongquan, I talked with him about the design plan of the project under construction.

The construction of the ecological industrial zone of Hongxing Factory is not static. With technological innovation and the development of the times, the design and planning can also be fine-tuned, as long as it is in a good direction.

Now Xia Zhongquan's main focus is not on the automotive research institute, but on the design and planning of the new steel rolling mill.

New factories, new equipment, new technologies, none of the major steel rolling machinery here in Beijing will be shipped to the Steel City and will all be replaced.

So Xia Zhongquan is building building blocks with a group of old professors and engineers.

For the new steel rolling mill, the management committee has put forward strict requirements, specialization, systematization and refinement. It is absolutely impossible for the new steel rolling mill to be as large as the current one.

Because the innovation of mechanical equipment brings high efficiency and high-level production changes.

Often silly, bulky machinery is transformed into new equipment that is more professional and practical.

Moreover, the office area of ​​the new steel rolling mill is planned in a unified manner, and there will not be one area in the east and one in the west like now, with so many departments and units attached.

In order to lay the foundation for future collectivization goals, the scale of professional factories will be reduced, the fists will be tightened more powerfully, and more energy will be put into production.

The tertiary industries became independent and became the tertiary industry management branch, and the United Industrial Association became independent and became the United Industrial Branch.

Even functional departments such as engineering teams, service offices, schools, hospitals, etc. will be divided separately to ensure the technology and professionalism of professional factories.

Xia Zhongquan's current job is more focused on management and overall planning, connecting with the factory, etc.

Technical and design work are handed over to more professional professors and engineers.

Two plans have been proposed, but they were rejected by Li Xuewu and were not even brought to the meeting for discussion.

It wasn't Li Xuewu who took advantage of the situation and pretended to understand. It was him who put forward higher requirements and ideas for the future steel rolling mill, and achieved success in one battle.

Now that we are starting to build the factory, I am afraid it will have to wait until 1969 or 1970 before it can be put into operation.

Fundamentally speaking, the design plan of 1967 was already three to four years behind the day it was put into operation. If we do not put forward higher requirements, how can we cope with the production needs of the next thirty years.

------------------

Thursday, April 10, is the day scheduled to return to the credit union and finalize the cooperation plan.

Li Huaide led the team, accompanied by Jing Yunong and Gu Weijie, and Li Xuewu went to Dongcheng.

Dongcheng Credit Union attaches great importance to this return visit to Hongxing Factory and specially chose an office area with a high-end conference room.

The meeting between the two parties was very lively and enthusiastic. The last time they met, Deputy Director Zhou Yao, who was in charge of the loan business, and Deputy Director Ling Yun, who was in charge of the savings business, were also present.

I arrived at the credit union at 9:30 in the morning. It took more than 20 minutes just to chat and be busy. It was already 10 o'clock when I sat down and started talking.

"We are all old friends——"

Bao Peigang signaled to Li Huaide and others and said with a smile: "We are sitting here to go through the test of friendship, so talking about money does not hurt our feelings."

"What Director Bao said is that credit unions are the God of Wealth, and we are an enterprise seeking wealth."

Jing Yunong smiled and said: "We are in a relationship of helping each other and making progress together. There is nothing we cannot talk about and there is nothing we cannot say."

"Then let's talk openly and honestly."

Bao Peigang glanced at Deputy Director Hu Youqiang, whom he had just introduced, and signaled that he could speak.

Hu Youqiang smiled and nodded, followed the leader's instructions, looked at the leader of the Red Star Factory across the conference table and said, "I'm going to talk about the issues I'm responsible for."

He opened the document in his hand and said: "Dongcheng Credit Union and Red Star Factory have invested a total of 10 million yuan in the automobile industry and motorcycle industry. The first phase investment of 2 million has been received. What is the current investment and construction progress?

?”

"Hello, Deputy Director Hu, I am the head of the joint industrial investment and construction coordination working group of Hongxing Factory. I am Li Xuewu."

Li Xuewu looked at him and introduced himself again: "Let me answer your question."

Under the nods of Li Huaide and others, Li Xuewu replied: "The first-phase investment of 2 million yuan has been allocated to the construction of the project. This is the project progress schedule."

He was more prepared and raised his hand to signal the secretaries who were following him to distribute the documents he requested to the leaders of the credit union opposite.

"Regarding project progress, the materials reported to the credit union every month are not as detailed as the current form, but more comprehensive."

Li Xuewu gave an explanation first, and then introduced and answered questions about the project progress and the direction of investment use, focusing on the entire project.

If you want him to tell you where each dollar of the two million dollars was spent, then you can only ask the accountant to come over and report the accounts. Even the accountant can't tell clearly.

Because this project is not an independent investment by the credit union, the steel rolling mill has also invested a large amount of funds, manpower and material resources in this project.

It can be clearly seen in the account that the 2 million belongs to the credit union, but who knows who the money spent after it is recorded in the account belongs to the credit union.

Li Xuewu also knew that what the other party wanted to know was the project situation, not the financial request.

Therefore, the focus of the speech was on the construction, research and development, production and sales plans of cheap cars and motorcycles.

“We have a mature design system and R&D and production system for motorcycles.”

Li Xuewu emphasized: "The introduction of technology has only accelerated the speed of research and development, and the efficiency of investment and construction is still progressing step by step and steadily."

"As for the design of the priced car, we have had preliminary negotiations and communication with British business representatives, and it has basically been finalized."

Li Xuewu spread out a vehicle design drawing in the middle of the conference table and motioned to the leaders of the credit union opposite to take a look.

Bao Pei just saw that the design drawing was too detailed, so he took out his glasses and put them on and looked at them carefully.

Not only him, but also the leaders of other credit unions stood up and gathered around to watch.

It's just that the first drawing is about an engine. Not only those in management and finance, but even those in industry may not be able to understand it at a glance.

What Li Xuewu wanted was this effect. He really wanted them to understand it at a glance without jumping up and biting people.

His purpose is to make these people understand that investment is two different things from design and production.

Don’t think that you are awesome just because you invest, we let you invest to give you face!

Also, investors can ask about the progress, but don’t always rush or dictate the design. Do you understand design?

There is no one in this room who understands more than him, and even the Manchu Steel Rolling Factory cannot find anyone who understands better than him!

This chapter is not over yet, please click on the next page to continue reading! Bao Peigang was a little confused, this thing was beyond his cognitive scope.

"In the late 1950s, the British Austin Automobile Factory designed and produced a two-door sports car, which is the best, and this is it."

It wasn't until the people across from him became dizzy when they saw it that Li Xuewu took out a few photos and put them in front of their eyes.

"Sprite Mk I, also called Frog Eye or Insect Eye, is a convertible two-seater lightweight sports car launched by Austin Healey in 1958."

"Inherited from Mini's 2030mm wheelbase chassis, and given a reinterpreted body shape, it gained a size of 3490x1350x1210mm."

"Powered by a 948cc inline four-cylinder OHV water-cooled dual carburetor engine with a power output of 46hp/5300rpm, 7.2kgm/3300rpm."

"With a four-speed manual transmission and rear-wheel drive setting, the front double A-arm and rear trailing arm chassis structure provides good handling."

“And the car weighs only 640 kilograms!”

Li Xuewu pointed at the photo and introduced it to the people opposite: "So it has a top speed of 130km/h, and it can be called a very light and fun open-top sports car."

"Are we going to build this?"

Bao Peigang looked at the photos in his hand with some interest, looking left and right, thinking that old-style capitalism would be enjoyable.

Ling Yun, the deputy director of the credit union who is responsible for the savings business, also looked at a photo, shook his head slightly and said: "It doesn't seem to meet our needs."

"Aren't you going to export it?"

Deputy Director Zhou Yao, who is in charge of the loan business, reminded: "Since it is an export-oriented car, you don't have to worry about the needs of the mainland. Making money is more important."

Li Xuewu hasn't finished the introduction here yet, the other side has already started discussing it, and it seems that the production is going to be decided.

He was not in a hurry and drank tea in a leisurely manner while Li Huaide and others watched the excitement.

He waited until the person on the other end stopped talking and everyone looked at him curiously, then he continued to talk.

"The research and development direction we determined with the British business representatives has nothing to do with this car."

"What——? It doesn't matter!"

Before Bao Peigang could frown, Deputy Director Hu, who was in charge of investment business, spoke first.
To be continued...