Chapter 79 Selling Out VCDs: Undervalued Rare Earth Resource

the expressions on others' faces that what Xu Huasheng had done was definitely crazy. 。Everyone sprang into action, and $2.5 billion in funds slowly flowed into the oil futures market 。Under Xu Hua...It's a hit, VCD is completely popular.

In less than a week, the top ten brands were completely sold out. 。The demo units in the store were almost snatched away, and some stores even started selling them at a premium. 。This situation made the top ten brands both happy and troubled. They were happy because they were making money, but troubled because they were out of stock. 。There's no way, the chip production volume at Huawei is limited. 。Hua Guang's lithography machines, with an annual production capacity of around twenty units, have already reached their limits. 。Now not only are the top ten brands in a hurry, but Hua Sheng Group is also in a hurry. They are also short of chips now. 。It's not just VCD that needs chips, Hisense's DVD also needs chips. 。Next, there are high-end home appliances that the Huasheng Group will be launching, all of which require chips. 。Once Huawei Group's own computers and mobile phones are officially mass-produced, more chips will be needed. 。"Son, can you think of a way Our production capacity is too low now..."In the hotel, Xu Huasheng and Xu Dabao were on the phone. Listening to Xu Dabao's words, Xu Huasheng laughed. 。"Dad, there's nothing we can do now, we can only wait." 。The lithography machine has limited capacity, so it won't help even if you're in a hurry. 。"Let them wait. In a few months, production capacity will be ramped up," Xu Huasheng said with a smile. He had no other choice anyway. 。Although we have the technology, it still takes time to produce on this production line. 。Moreover, Xu Huasheng didn't dare to let Hua Guang blindly expand production, lithography machines are unlike other products 。Since this is a cutting-edge product, sales volume is comparatively low. 。And the only order for Hua Guangdian's lithography machine currently is from Huasheng Group. 。An output of twenty units per year is already very good. 。On the other hand, Huawei Group's chip production lines are not blindly expanding. The maximum production capacity of a single production line per day is 10,000 chips. Huawei Group has ordered twenty production lines. If all these production lines are fully operational, they can produce 200,000 chips per day. This is already a terrifying production capacity. 。If the production capacity is fully utilized, with a production capacity of 73 million chips per year, this capacity will definitely be sufficient in the short term. 。Unless future product sales are substantial and orders are plentiful, this production capacity will not be expanded casually. 。

"Minister Pan called, he wants you to go over there..."

Walking out of the room, Han Yeong directly said at the doorway, Xu Huasheng nodded, his eyes filled with anticipation

In Pan Yunqing's office, Xu Huasheng came. 。"Hahaha, Xiao Xu is here, come, come, let me introduce you. This is Liu Zong, the general manager of our Hardware Minerals Import and Export Company..." Pan Yunqing stood up and began to introduce the bigwigs in the office to Xu Huasheng. 。Xu Huasheng also smiled and greeted everyone, these people's identities are not ordinary. 。China's Nonferrous Metals Import & Export Corporation, China Tungsten Corporation, and China Metallurgical Corp. 。The export of rare earth resources from China is handled by these three companies. 。Now the big bosses of these three companies are all here. 。

"Xiao Xu, your request has already been approved."

In the future, rare earth resources exported from China will be prioritized for your company, but your company must pay in US dollars. 。And your company's excess production capacity is the reason why it sells overseas..."

Pan Yunqing's words made Xu Huasheng laugh. 。This is good news, in the future Huasheng Group will definitely need a large amount of rare earth resources. 。Even if you can't use it upfront, you can stock up anyway. This stuff doesn't expire. 。"Minister Pan, the three old bosses, if we completely banned rare earth exports, I'm afraid our country would face a lot of diplomatic pressure." 。"I have a suggestion…"Xu Huasheng said with a smile, and several people looked at Xu Huasheng. 。Xu Huasheng is right, if exports are completely banned, the country will definitely face huge diplomatic pressure. 。It should be noted that rare earth resources are not just about making dollars, sometimes they are also a political necessity. 。"The three major groups establish a new company " 。From now on, we will no longer sell rare earth ore to the outside world. We will sell refined metals instead. 。Of course, the price will definitely multiply many times over. This way, we can not only earn more money, but also keep the rare earth refining technology and industrial chain within the country. We can even import rare earth ore from abroad for refining and then sell it. 。"Selling primary mineral resources at the lowest price..."Xu Huasheng laughed, saying that this proposal made the CEOs of the three major companies' expressions turn serious. 。"What about funding and technology Especially technology, at present, domestic accumulation in this area is very little..." Liu directly asked. 。"Three leaders, our company has it, our company has ample funds, and in terms of technology, we also have some..." 。We can lend you the money, and we can sell you the technology at a low price. All we, the Huasheng Group, need is the priority supply rights in the future..." Xu Huasheng's words excited everyone. 。They also know that selling primary minerals is the cheapest. 。But unfortunately, ancient China lacked the refining technology and corresponding funds. 。If Hua Sheng Group is willing to provide funding and technology, then what's the point of selling even basic mining equipment 。It's much better to sell refined products directly. They are convenient to transport, the price is higher, and the profit margin increases many times over. 。Several people discussed in Pan Yunqing's office and quickly reached a preliminary agreement. 。The three major companies have established a new company called "China Nonferrous Metal Refining Corporation." This company's primary responsibility is the deep processing of China's rare earth minerals and the import and export of refined products. 。After the new company is established, it will borrow some money and purchase some technology at a low interest rate from the Hua Sheng Group, while the Hua Sheng Group obtains the priority supply rights to the products. 。The agreement has been reached, all that remains is to apply for approval, but this shouldn't be a problem, there won't be any surprises. 。With the departure of the three main company executives, only Xu Huasheng and Pan Yunqing remained in Pan Yunqing's room. 。"Xiao Xu, you have the technology and the funding, why not do this yourselves" Pan Yunqing looked at Xu Huasheng and asked. 。In fact, the Formosa Group could have set up a refinery and earned this money themselves. 。"Director Pan, I wouldn't dare to accept such a treat." 。I'm still young, I want to live for a few more years. 。Besides, our Hua Sheng Group doesn't need to make every penny. 。The initial intention behind this was simply to prevent our country's treasures from being bought up by foreigners like cabbages. 。Xu Huasheng said with a smile, 。Yes, Xu Huasheng can also swallow this cake. The country has no technology or funds and can only watch Hua Sheng Group make money. 。But Xu Huasheng didn't dare, this thing was too sensitive. 。Now if you swallow it yourself, there's no problem. But what if someone looks down on you in the future, they might use this against you. 。At that time, to give yourself a charge of embezzling national assets, it would really be death without knowing how you died. 。The bigger it is, the more careful you have to be. 。Some things can be eaten, while others cannot. This is especially true when doing business in China, where it's crucial to understand and maintain the right balance. 。After all, Huasheng Group is just a private enterprise. Most of the money it makes goes into Xu Huasheng's pocket. 。ally. 。During the Chinese New Year, go back home and spend some good time with your family. Someone will arrange everything for you afterward, remember to keep it a secret...Zhu Chenggong made his cho...