Reborn since 1993

Chapter 1220 Prepare for a rainy day
Investing money in Tse Sui Luen Jewellery now will allow it to grow into a cash cow for Cyberport and Tungling Hi-Tech in the future.

When Dongling High-Tech has resources and advantages, it naturally needs to cultivate more cash cows.

If Dongling Hi-Tech's main business is ever targeted in the future, companies such as Feiyan Technology, Oriental Times Shopping Mall, Torch Group, Ruyan Electronic Cigarettes, Gangcheng Telecom, and Tse Sui Luen Jewellery could become cash cows for Dongling Hi-Tech.

These cash cows can continuously provide Dongling Hi-Tech with ammunition, giving Dongling Hi-Tech enough cash flow to overcome difficulties!
This is why Mr. Li has been supporting these companies all these years; it's always better to be prepared than to be helpless in a critical moment.

Given the Anglo-Saxon nature, sooner or later they will not tolerate Dongling High-Tech, and may even try to seize it outright. It remains to be seen when that day will come.

When Qiu An-yi heard that Li Dong-ling had Cyberport provide cash for Tse Sui Luen Jewellery and guarantee bank loans, she breathed a sigh of relief.

With the support of Cyberport, Tse Sui Luen Jewellery doesn't need to worry about a broken cash flow, and she can operate freely!

Qiu Anyi was actually well aware that if Tse Sui Luen Jewellery could complete the tasks assigned by Li Dongling, as long as it didn't collapse halfway, given Tse Sui Luen Jewellery's advantages, it would have a high chance of becoming the leader in the jewelry industry in Hong Kong and even Southeast Asia in the future!

After glancing at Qiu Anyi's departing figure, Li Dongling pondered for a moment. Given Xie Ruilin Jewelry Company's growth rate, it had a chance to rise before Dongling High-Tech caught the attention of Onsa and the Hebrews.

These cash cows operate in traditional Greater China markets such as the mainland, Hong Kong, and Southeast Asia. America's influence cannot reach into these markets, or rather, it cannot directly affect companies like Tse Sui Luen Jewellery.

At worst, companies like Tse Sui Luen Jewellery and Hong Kong City Telecom can simply avoid going to America. The mainland and Southeast Asian markets are enough to support these cash cows. No matter how domineering America is, can it really reach into Hong Kong and the mainland to take advantage of them?
With these cash cows, even if Dongling High-Tech faces a more difficult situation than Chrysanthemum Factory in its previous life, it will still be enough for Dongling High-Tech to survive.

Moreover, they may be doing quite well and still have the capacity to continue developing new technologies, so as not to fall behind their overseas competitors!
What is the war in the technology industry? Apart from the reason of technological route, the remaining competition is, frankly speaking, a competition for R&D funding and talent.

Ultimately, it all comes down to money. With enough funding, you can continuously recruit top talent.

"Mr. Li!"

As Li Dongling was thinking about these things, Li Minghan, general manager of Kunlun Mining, and Li Yonghong, president of Hong Kong-based bank, came up to Li Dongling and called out to him.

"sit!"

When Li Dongling saw Li Minghan and the other person, he smiled and was quite warm towards them.

But Li Minghan and his companion, with only half their buttocks on the chairs, still stood ramrod straight, seemingly ready to stand up at any moment to listen to the teachings of the great philanthropist Li.

It's no wonder that the two of them are like this; many heads of giant companies in Japan, South Korea, and other places have rather bad tempers. They not only follow seniority but also have absolute authority over their subordinates.

As for the founders, there's no need to mention them. They basically act like emperors. From the fact that Samsung's chairman doesn't allow executives to go to the toilet during meetings and doesn't allow them to look him in the eye during inspections, you can tell how domineering these chaebol and giant company founders are.

The companies in the port city are also inevitably affected by these two places to some extent. Although it is not as serious as that of Japan and South Korea, the company presidents still have considerable influence.

Although Li Minghan and Li Yonghong had been members of the Dongke faction for some time, this was the first time they had faced the philanthropist Li directly, and they couldn't help but feel a little uneasy.

They had heard countless rumors about Li Dongling, and among the heads of major companies in Southeast Asia, Li Dongling's temper was considered relatively mild.

The most common rumor is that Li Dashan's technical and product requirements for Dongling High-Tech were extremely demanding.

Whether it's the high-tech department, production department, or supply chain manufacturers at Dongling, they all implement a responsibility system. This means that if there's a problem with the product, especially a quality issue, the person in charge must be found out. Whether it's a design problem, a technical problem, or a production problem, it must be clarified. There's no way to be lenient or careless.

When problems arise, they say they'll give you three chances, but basically, if the same problem occurs a second time, the contract won't be renewed, and you can start looking for a new employer. This has earned Li the nickname "technical tyrant."

However, regarding management, the most frequent rumors about Li Keqiang are that Dongling High-Tech is the company in mainland China that treats ordinary office staff and production line workers the most generously, and there have never been any rumors of Li Keqiang losing his temper with any ordinary employee.

Conversely, Li Dongling has much higher requirements for management than for ordinary employees, but he is also willing to delegate authority and allow senior executives to fully demonstrate their abilities.

Li the philanthropist believes in the principle of "you get what you pay for." You can't expect an employee who earns a few thousand yuan a month to meet the requirements of a senior executive who earns hundreds of thousands or millions of yuan a year. That would be treating cattle and horses like dirt.

Furthermore, the salaries that Dongling Hi-Tech offers to its senior executives are not low, not to mention in mainland China, but even in Southeast Asia. With such high salaries, shouldn't their expectations be a little higher?
Therefore, the image of Li Dashan, as perceived by Li Minghan and Li Yonghong, was quite complex in those rumors. Of course, there was also the unavoidable aspect of Li Dashan's strategies and maneuvering methods. Just from the Silicon Valley project, Li Minghan and his team knew how capable Li Dashan was. One plan had even drawn in the Hong Kong government, and many wealthy families in Hong Kong and Southeast Asia were also involved. Such a scene was truly rare in Hong Kong!

"What's the current situation at Kunlun Minerals?" Li Dongling asked Li Minghan.

To be honest, Kunlun Mining Company was mainly established to cooperate with companies such as Dongxin Semiconductor, Kunpeng Power, and Tse Sui Luen Jewellery.

Kunlun Minerals is needed to acquire nickel, lithium, lead, and cobalt mines overseas for companies like Dongxin Semiconductor, which are then used by Kunpeng Power.

These ores are also available domestically, but the mining costs are too high, making it far cheaper to buy them from overseas.

The products that Dongxin Semiconductor and Kunpeng Power need to make are inseparable from these ores, so they definitely need to purchase and stockpile them in advance.

Otherwise, if Kunpeng Power launches lithium batteries or ternary lithium batteries for automobiles in the future, and overseas manufacturers hold its breath over the materials, raising prices every few days, wouldn't it end up like the domestic steel industry in the past, working for companies like BHP Billiton for nothing?

At that time, the three major international mining giants controlled the iron ore market, and the iron ore they sold to domestic steel mills was sold at the price of gold.

During the most difficult times, selling a ton of steel couldn't even buy a bottle of mineral water. In fact, we didn't even make a dollar per ton of steel; we had to lose tens of dollars.

Of course, the reason why the steel industry is like this is also related to the rampant corruption. There are even treacherous steel manufacturers who, in order to obtain ore at low prices, do not hesitate to negotiate with mining groups in private, selling out their competitors completely.

With such a disorganized group, it was naturally at the mercy of overseas mining giants, who could exploit them however they pleased!
Li Dongling didn't want the same fate to befall Dongling High-Tech. To entrust one's safety to others was like asking for an easy death.

Therefore, Kunlun Minerals needs to stockpile the raw materials required by Kunpeng Power, Dongxin Semiconductor, Xie Ruilin Jewelry, and Dongling High-Tech's component supply chain, so as to avoid working for the mining giants for free in the future.

It's bad enough to work for free, but you might also be held hostage every few days, with your life constantly threatened and raw materials cut off. That's when things really get tough.

"At present, Kunlun Minerals is still in the preparation stage. Kunlun Minerals plans to establish large-scale professional ore storage bases in Guangdong Province and Shandong Province in the inland areas.

In addition, we will cooperate with shipping companies to establish transportation and logistics lines for Kunlun Minerals.

The mining specialist team is currently under construction.

Li Minghan is a professional with both experience and connections, so doing these things is not difficult for him, provided he has enough funding.

"Kunlun Minerals mainly engages in trade with the Indian company Fanxing, selling steel, gems, grains, and other goods transported from India to companies in inland areas and port cities that need them."

Fanxing, hailed by Indian media as a beacon of Indian technology, now has substantial monthly transactions with Dongling High-Tech, since Fanxing is almost sourcing its screws from Dongling High-Tech.

However, Li Dongling had no interest in the Indian rupees in Fanxing's possession, so he had Fanxing purchase gems, steel, and other goods in India and have them transported back by Kunlun Mining, which was essentially a barter arrangement.

This kind of transaction is not very efficient and is a bit cumbersome, but this is the right way to deal with Indians. It's already not easy to cash out what you've earned from them.

The method is a bit clumsy, but at least it works. It's much better than some Indian companies in my past life where you earn money and spend it all, and you can't even take a penny home. I was completely ripped off by the Indians.

"You're a professional in the mining industry, so I don't need to say much. Dongling High-Tech doesn't play the game of outsiders instructing insiders. Since we've chosen you as the president of Kunlun Mining, we'll entrust you with full responsibility for the affairs of Kunlun Mining!"

Li Dongling's words caused Li Minghan's expression to change noticeably, and Li Yonghong, who was standing next to him, also looked at Li Dongling.

"But Dongling High-Tech's headquarters and Cyberport also need Kunlun Mining's services, and we hope that Kunlun Mining can provide them!"

"Once the Kunlun Minerals team is assembled, the next step for Kunlun Minerals will be to do more than just transport those things back from India."

Similarly, Kunlun Minerals needs to expand overseas and bring back what Dongling High-Tech wants!

(End of this chapter)