this man is not calm

Chapter 495 On the cusp of the storm
The traditional industry of waste recycling has ushered in new opportunities in the new era, and many unknown sub-sectors are lucrative.

What Jinxi Culture is doing is definitely not sinking to the bottom and making a profit from the price difference of recycling, but recycling in bulk, making use of new technologies for comprehensive utilization, and providing more possibilities.

In addition to refining biodiesel from kitchen waste and waste cooking oil, and reusing waste plastics and rubber, there is another thing that is closely related to Jinxi Mall, and that is the recycling of unsaleable books and waste newspapers and magazines. It would be best if they could be sold at a discount online. If that doesn't work, they can also be recycled by turning them into pulp. Whether they are made into newsprint, wrapping paper, or further processed into paper pants, sanitary napkins and other maternal and child products, they are all very good. Wastewater and waste can also be sent to fermentation tanks to produce ethanol and organic fertilizers.

Just this alone is enough to make a lot of profit. Add to that various discounts and subsidies, the actual benefits are quite considerable.

Around the millennium, the global unified market and the division of labor in the industrial chain reduced production costs and greatly improved efficiency. During this period, this was not only the case in China, but also abroad. As long as the society in a country or region is relatively stable and you work hard, you will find that you can make money no matter what you do.

This is not only a personal effort, but also an opportunity of the times. In a person's lifetime, if he can step on the right opportunity once, he can change his destiny. If he can step on it twice, even if his ancestral graves are smoking, he has used up all the blessings of his ancestors. If he can step on it three times or more, there is probably no other explanation except that he is the reincarnation of the God of Wealth.

Right now, we are in the prelude to the first wave of major development driven by economic globalization. In the long run, increasing leverage and buying high-quality assets will bring extremely rich returns in the next few years.

My second uncle Mei Yingnian had his eyes on real estate and finance. When the shipping industry hit its ceiling, he decisively "went ashore" to explore new areas. It was a very smart choice. My second uncle-in-law Zhang Hua was more stable. He expanded in familiar fields both horizontally and vertically, taking agriculture and animal husbandry as the center, improving competitiveness and building a moat. It was also a very good strategy.

Jin Shang, with the protection of the "golden finger", was much more aggressive. In a short period of time, it expanded the size of the group company to a huge extent, reaching the current management limit and causing considerable pressure on cash flow. Only then did it begin to slow down and improve the dilemma of being "big but not strong".

To put it bluntly, the expansion is too fast and management cannot keep up. Even with the blessing of the "golden broom", there is a feeling of emptiness and instability.

It takes time to train a qualified executive. It is extremely irresponsible to hastily allow talents who have not received much training to take up independent senior positions.

Now that the first round of countercyclical leverage has been basically implemented, Jin Shang’s current task is to slow down, control the pace, and digest the business share that has already been acquired.

In a sparsely populated area like Julunbo, Jin Shang's plan was to obtain a large amount of land and properly develop its value with the help of a "local tyrant" to introduce cooperation.

Making money is naturally the best, but if you can't, it doesn't matter, as long as you don't lose too much and have imagination for the future.
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Over the next few days, Jin Shang said hello to his second uncle's family and several cousins, then strolled around the area leisurely. He saw a lot, met some local powerful figures, and verbally agreed on many things.

Although we encountered some unexpected difficulties, the results we achieved were much greater than we had imagined.

Julunbo is located on the edge of the bitter cold zone of the plateau. Agriculture and animal husbandry are relatively developed, but the disadvantage is that it is invaded by sandstorms from west to east. The trend of desertification has obviously intensified, and resources need to be invested in its management.

The advantages are cheap land prices, rich agricultural and animal husbandry resources, large reserves of coal, oil and natural gas, and many other mineral deposits.

Therefore, it can be clearly understood that the situation in Julunbo and its surrounding areas is similar. The energy supply is in a state of oversupply, and most of the resources are sent to core cities in Northeast China, Central China, and the Bohai Rim. The local industrial chain is incomplete and basically cannot be absorbed.

This posed a test to Jin Shang's plan.

There is no problem in building wind power and photovoltaic power stations, but the electricity from Julunbo is also a net output. Given the local power grid infrastructure, it is far inferior to that in the Gyeonggi region and cannot be compatible with unstable wind and solar power stations. If you want to meet the conditions for "accessing the grid", you have to solve the problem of "peak shaving and valley filling" by yourself.

Alternatively, invest in building a number of factories with high output value, high energy consumption, low demand for senior talents, and that do not affect the original local industrial structure, and they cannot be in the energy and chemical, petrochemical smelting, steel and coal, and traditional chemical industries.

"High-tech and emerging industries have to meet relatively stringent conditions. It's really..."

Jin Shang and Li Xuan, who had just returned, sat opposite each other to rest. The warm sun of the windless day shone on their bodies, which was very comfortable. From time to time, they took a sip of the milky-scented wine and chatted casually.

During this time, my second uncle went to contact the local farmers' association and guild to discuss things, while my second aunt was worrying about the studies of her young children.

Facing Jin Shang's slightly sneering words, Li Xuan responded with understanding:

“For some people, staying on track and not making mistakes is more important than solving problems or achieving remarkable results.”

As the "vanguard" in the fight against desertification, Julunbo shoulders many extraordinary responsibilities and missions. If it were not for Jinxi Culture's reputation for new energy, environmental protection and emerging industries, the local area would never have introduced external investors that it was not particularly familiar with under the premise of increasing environmental pressure.

If we say that in the Gyeonggi region, businessmen revolve around familiar people and fields, building relatively closed small circles, in the vicinity of Julunbo, and even in the entire Northeast, it is obviously much more difficult for outsiders to intervene.

For businessmen, it is necessary to step out of their comfort zone and meet new challenges at the right time. However, if they do not have the strength and background, they should not expect good returns in areas where the investment environment is not transparent.

There are huge differences in the ideas and focus of entrepreneurs and people within the system.

It’s not that Jin Shang doesn’t understand, he just wants to complain.

When communicating with people from different circles, there is sometimes a sense of "talking at cross purposes".

"I'm just talking, I'm not really going to do anything. Anyway, the basic situation has been decided."

After taking a few sips of the drink and feeling a little more refreshed, Jin Shang said seriously,
"I plan to build a production base for 'green alcohol' and 'blue alcohol' here. In Beijing, the population is dense and many things are difficult to do. It's even difficult to build a biomass fuel cogeneration plant."

Not only biomass fuels, but even boilers, garbage incineration, etc. cannot be built within a few kilometers of the city. They will produce a large amount of difficult-to-degrade dioxins. With the current technological capabilities, we can actually greatly reduce the emission of harmful substances. As time goes by, they will become more and more harmless, but the regulations are like this and there is nothing we can do about it.

The demonstration base in the south of Beijing is already difficult to expand. The remaining resources should be tilted towards collective markets, automobile trading markets, home improvement wholesale markets and small commodity cities. As for import and export distribution centers, large oil storage tanks, gas storage stations, etc., they are still mainly concentrated in Tianjin, Dongying and Jiaoao in the coastal areas.

As for energy and deep processing centers, it is better to place them in resource-rich inland cities. "Data centers are definitely planned, and silicon solar photovoltaic panels and wafer factories must be arranged. At present, contact lithography machines and projection lithography machines are the main ones, and the production schedule of chips and semiconductors is not high. As for DUV deep ultraviolet lithography machines, it is still too early for large-scale application. It will take at least three or four years for them to be popularized abroad. As for China..."

Jin Shang shook his head regretfully. In the field of semiconductors and optoelectronic information technology, there is still a long way to go to tackle cutting-edge technology.

The most advanced one at present is the DUV stepper projection lithography machine, which is only a concept. It is the product of the pinnacle of development in the fields of information science, system science, physics, engineering and technology science, and material science. It is estimated that it will take more than 20 years to officially start commercial use.

There is also the more advanced EUV extreme ultraviolet lithography machine, which we won’t even mention because the design concept is not even complete. According to the concept, a lithography machine will consume tens of thousands of kilowatt-hours of electricity a day, which is definitely a "power hog".

Current wafer fabs are also big electricity consumers, comparable to large data centers. The electricity consumption of a base is comparable to that of a large city.

"The fiber optic network infrastructure here is incomplete, so you can't count on a data center unless you lay a fiber optic cable at your own expense. As for the wafer fab...does our company have the ability to build one?"

"Not yet! But don't worry, let's talk about it first and prepare to do it. This thing can't be built in one or two years."

Not to mention Jinxi Culture, there are no more than three large-scale wafer bases in the whole country. As for the top ones, as an aside, in 1998, the mainstream chip semiconductor process was 350 and 250 nanometers, and 220 nanometers was already at the forefront of the market.

Just last month, the world's top lithography machine and chip manufacturers jointly announced that they would launch a commercial 180-nanometer chip process technology next year, and planned to reach 150 nanometers the year after.

In ten years, it would be a success if we could break through 45 nanometers. There is still no sign of 7 nanometers, 5 nanometers or so on.

Whether in the past life or this life, in fact, in the critical development period of the 1980s and 1990s, although the domestic semiconductor chip technology lagged behind, it was not particularly far behind, and it could barely keep up with the rest of the world.

The real reason why the "tail lights" were completely left behind was that a certain "conscientious enterprise", under the guidance of the "technology, industry and trade" route, vigorously promoted the policy of "it is better to buy than to make" and completely gave up on self-research.

Jinxi Culture, a subsidiary of Jin Shanghe, is actually at this critical crossroads. It is not without media hype that under the wave of globalization, there is no need for it to completely develop the entire industrial chain on its own.

Jin Shang couldn't tell whether he was stupid or bad, or both. He didn't have the mentality of a "savior" who could turn the tide. He just found that this industry seemed to have great potential and business opportunities, so he decided to invest.

A 180-nanometer wafer factory certainly cannot produce it, and 220-nanometer is already a stretch. 250-nanometer is still possible with some effort, and if that really doesn't work, a 350-nanometer wafer factory is not unacceptable either. It is more than enough for automotive chips, game consoles, learning machines, household appliances, etc.

"We'll talk about the future later. First, we need to get the land, then draw up a plan and invest step by step. If we really want to fully implement it, I'm afraid it will cost tens of billions or even hundreds of billions. The locals won't expect to eat a big fat man in one bite. I'm afraid they will choke to death if they invest so much."

The GDP of most third- and fourth-tier cities in the country may not be that high, and investing so much money in a short period of time is not a good thing.

What's more, Jin Shang couldn't come up with so much cash. Even if he did, he wouldn't use his own money to fill this hole. He still had to fight for interest-free loans, low-interest loans, capital market financing, tax incentives and exemptions, etc.

"There is still room for discussion. I am here only to sign a letter of intent for cooperation. The specific terms will be discussed by a dedicated person."

For the remaining time, just walk around and relax before the lake gets completely cold.
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October 8th, the annual Mid-Autumn Festival, was a sunny day.

Last Friday, the annual dividend of Minxing Bank was officially received. Jin Shang received a total of 1.18 billion in dividends for the stocks he directly and indirectly held, a significant increase from the previous year. Together with the remuneration and bonus for his position, it is equivalent to receiving about 1.1 billion without doing basically anything.

The past two years have been a period of great development for the domestic economy and a great opportunity for the rapid development of the capital market. As long as risks are controlled well, banks' profits are astonishingly high and they receive a lot of money. In the words of my second uncle Mei Yingnian, they make so much money that they are a bit embarrassed.

Stimulated by high dividends, the stock price of Minxing Bank soared and officially exceeded the market value of 100 billion yuan, almost doubling compared to when it was first listed.

With such a large income and without having to pay income tax, Jin Shang's slightly dry wallet became fatter after spending money lavishly. He generously transferred 300 million yuan in cash to Beihai Shipping to pay for the stage node fees of the "Eclipse" luxury cruise ship.

According to the plan, in two months, this most expensive, largest and most luxurious private yacht in the country will be delivered.

The most expensive thing I have ever bought for others in my two lifetimes, and the biggest personal expense, is finally going to pay off.

After finishing his work in the north, Jin Shang returned to the capital and began to devote himself to the busy work at the end of the year.

On the Mid-Autumn Festival, the family reunites happily, but also has some free time.

Then there is the family of my fiancée Li Xuan, who has gathered together for a rare occasion and is coming to Beijing for vacation.

Jin Shang and Li Xuan's wedding will be held next spring. There is still a lot of ceremonial work to be done between the two families. The process is not very cumbersome, but it also requires a lot of energy.

Old Jin was the one who was busy with all the troubles, and the housekeeper Old Bian was also very busy with Que Sheng and Gui Feng.

Old Madam Xian Guizhen rarely stays at home for a long time, so she helps to take care of things.

With an extra child to take care of, mother Mei Xinghong has no time to spare and can only do small things within her ability, which is enough.

(End of this chapter)