"Jianhui, we have also heard some news about Xiangjiang. I wonder if there is anything we can do to help?"
In the lounge of Ludao Taoda Group's production base, Li Jianhui, Gu Zhenfu and others were chatting after visiting the construction of Taoda base. Gu Zhenfu asked specifically.
Although Gu Zhenfu, Lin Tingsheng, Wang Yongqing and others are not in Xiangjiang, they are still relatively well-informed about some information.
Especially the increase in Hong Kong dollar note-issuing banks. This is a big event. How could they not be aware of it?
To be honest, when they received the news, they were a little unbelievable that it was not Xinjian Bank that had obtained the right to issue Hong Kong dollar notes.
The outside world may not know how strong the Xin Jian Clan and even the Xiangjiang branch of the Tung Wah Association are, but as members of the Tung Wah Association, they are quite aware of this.
It is no exaggeration to say that the combined strength of Far East, Xinhong, Xinya, Nanjiang and Xianghua is far from comparable to that of the Xiangjiang Branch of the Xianghua Society.
However, this time in the competition for the right to issue Hong Kong currency notes, the Tung Wah Association's Xiangjiang branch actually lost, which was somewhat beyond the expectations of the outside world.
Gu Zhenfu and others knew very well that the Xiangjiang Branch of the Tung Wah Society would definitely not give up and would definitely take some action to respond to this matter.
They also hope to provide some help in this regard and let the outside world know that Donghua Club is an inseparable whole.
"This time it was mainly because several parties were jointly targeting it, and the Bryan government was obviously unwilling to allow our Tung Wah Association to obtain the right to issue Hong Kong dollar notes, so it is normal for Xinjian Bank to lose to Nanjiang Hang Seng Bank.
As for the response to this matter, I also discussed it with the National Security Bureau and others. This time, the National Security Bureau and Uncle Lei took the lead, focusing on the Nanjiang Society who acted as the vanguard.
You also know the status of Nanjiang Society's industries. The other side's industries are only a few and are not easy to suppress. You don't need to worry about this matter.
The most important thing now is the market here. Now that navigation and trade have been realized, you must seize this opportunity and seize the market here.
Especially the East China market, which is the largest market in mainland China. As long as it occupies the East China market, it can become the dominant market.
Our Baodao enterprises not only want to bring in the food and beverage, textile and clothing industries, but also other industries, such as the petrochemical industry.
This is a huge industry. Since Nanhua Petrochemical is headquartered in Johor Bahru, Malaysia, there are few opportunities to enter here.
But Donghua Petrochemical is different. We can completely communicate with the upper management in this regard. It would be better if Donghua Petrochemical can enter the gas station market. But if it is not possible, we will try our best to promote the entry of some petrochemical industries."
As chairman of the board of directors of Donghua Petrochemical and group president, Wang Yongqing naturally hopes to promote Donghua Petrochemical to enter the mainland market.
But he knows very well that this industry is no better than manufacturing industries such as textiles, clothing, beverages, and food. There will be greater resistance and higher barriers to entry in this area.
However, he still plans to give it a try. Recently, he is preparing to lead many senior executives of Donghua Petrochemical to the capital to talk with them about Donghua Petrochemical's entry into the northern market.
If possible, he plans to build a large petrochemical production base in the coastal cities of Fujian Province and promote Huangpu Shipping to build a large port here.
Knowing some of the difficulties involved, Gu Zhenfu suggested: "We don't need to pursue all Donghua Petrochemical's industrial chain products to enter the mainland market, nor do we need to pursue the establishment of our own gas stations.
The petrochemical industry is so huge, we can start with one product, or we can jointly build certain products with some companies here, and jointly build the entire petrochemical industry chain through multi-party cooperation."
The petrochemical industry is extremely extensive. In fact, Donghua Petrochemical only engages in a small part of the industry. At present, the core of Donghua Petrochemical is ethylene and fuel oil, including automobiles, ships, and liquefied gas.
As for plastics and synthetic rubber, Formosa Plastics is doing this, asphalt is being made by Taiwan Cement Co., Ltd., and synthetic fibers are also being made by Baodao Pro-Tung Wah Association Enterprises.
In terms of medical care, Baodao has also specially established the Hsinchu Pharmaceutical Group, which is developed in a coordinated manner with the Xiangjiang Traditional Chinese Medicine Group.
Of course, the entire industry chain is not just limited to these few industries, there are also many pro-Donghua companies that have become members of the Donghua Petrochemical industry chain.
In fact, when entering the mainland market, the most important issue is domestic sales of products, especially processed diesel, gasoline, kerosene, or ethylene.
If these products cannot be sold domestically, then there is no need for Donghua Petrochemical to enter and establish a production base here.
"Uncle Wang will communicate with the senior management for the time being. If that doesn't work, Donghua Petrochemical can consider a joint venture with related companies here.
You also know that my ancestral home is Guocheng, where there is the Southwest Petroleum Institute and the oil industry. If we don’t have the opportunity to intervene ourselves, a joint venture with Guocheng Petroleum Company would be a good way.
And you should know that my subsidiary Xinhui Infrastructure Investment Company has invested in two expressways, which are currently under construction, and there is a lot of demand for asphalt.
In this regard, Uncle Ku's Taiwan Cement Corporation may consider stepping in. If its own investment fails, it may form a joint venture with Sichuan, Sichuan and Guangdong provinces.
With the rapid economic development here, the demand for asphalt will increase, and we are not afraid of losing money if we invest in this industry."
Li Jianhui's proposal is indeed good, but these people are a little wild in their hearts and hope to build a full industry chain production base to increase their influence here and make up for the fact that their industry entered the industry several years later than Xiangjiang enterprises.
However, they did take note of Li Jianhui's suggestion. If the communication was not satisfactory, they would go to Guocheng to seek cooperation with Guocheng.
Moreover, they are very interested in Southwest Petroleum Institute. Although these talents cannot be used by them now, they are still willing to form a good relationship.
Regardless of Xiangjiang or Baodao, there is a lack of petroleum and petrochemical majors in universities, which leads to a scarcity of talents in this field.
Although Xinjian University has a school of petrochemical engineering this year, it is not yet able to provide talent support for Donghua Petrochemical, Nanhua Petrochemical, Husky Energy, Xiangjiang Energy and other companies.
Southwest Petroleum Institute is a well-established petroleum college in mainland China, with strong teaching resources and many elite talents.
Wei Yingzhou mentioned more about misaligned development. He said that Ting Hsin Group and Taoda Group operate similar products, with instant noodles, beverages and condiments as their main products.
In Baodao and even the ASEAN market, Ting Hsin Group can compete with Taotai. However, in the mainland market, Taoda has been operating for many years and has reached cooperation with many supply and marketing cooperatives. The railway bureau is also its partner. Ting Hsin Group comes in
It's already too late.
“Whether it’s instant noodles, condiments or beverages, the market here is huge enough for our two companies to develop together.
There is no need to worry too much about this aspect. The main problem now is publicity. Uncle Wei needs to think of more solutions in this regard.
For example, you can communicate with CCTV advertisements here. In this period, CCTV advertisements are quite influential.
In addition, we should try our best to let Ting Hsin Group’s products enter major supply and marketing cooperatives so that they can appear in the eyes of consumers.”
The northern market is not the treasure island of ASEAN. There are not a large number of Lane Crawfords, Watsons, and IKEA convenience stores here. The main channel now is supply and marketing cooperatives.
Li Jianhui is well aware of the influence of CCTV advertising during this period. Taoda Beverage, Hongyu Clothing, Xinyang Clothing, Jingyi Electrical Appliances, Jiehua Daily Chemicals, etc. have all had advertising time slots on CCTV in the past two years.