"Excuse me, Mr. Xing, I've come to see you today because a friend in the capital told me that you're working on a satellite project?"

"Who told you that? That's not true!" Xing Baohua asked somewhat warily.

Old Mou smiled and continued, "I wanted to cooperate with AVIC last year, but they wouldn't include me. This time, when I went to the Far East for trade, the Russians didn't have much to exchange, so they asked me if I wanted a satellite."

Xing Baohua thought to himself, "Isn't this guy involved in airplanes? Why is he working on satellites now? Those Russians sell everything!"

He raised his hand, signaling for Lao Mou to continue.

Old Mou said, "The satellites over there in Russia are TV broadcast satellites. I inquired about the market and found that our country only has one, AsiaSat, which is controlled by a domestic company."

“That holding company is CITIC, and I have a good relationship with the leaders of their parent holding company,” Xing Baohua explained briefly.

"Yes, that Russian guy provided the technology and helped with the launch. I thought we also have a launch channel! So I contacted AVIC to learn about the situation and ask about the price. If it's suitable, I'll ask AVIC to launch it."

Just a few days ago, I went over to ask again, and they said they couldn't help. Besides their own busy schedules, they also had to take on your celebrity project.

"What do you mean..." Xing Baohua asked tentatively.

"I was wondering if we could go into partnership. Anyway, I traded some goods for that Russian guy, so I'll add some cash," Old Mou said.

“We can’t partner up. Ours is a communications satellite, while yours is a broadcasting and television satellite, which is essentially the same as AsiaSat, and the technology involved is also different,” Xing Baohua said.

"How is it different? Just combine them together, it's just a few more functions."

Xing Baohua glanced at the time, then asked with a smile, "How come the Russians provide you with a broadcasting satellite and even help you launch it? Who has control over it?"

"Of course it's in my hands," Old Mou said firmly.

This made Xing Baohua laugh. Would the Russians be so kind as to relinquish control?

So Xing Baohua told Lao Mou about his story with Motorola on the Iridium satellite project. In the Iridium project, Xing Baohua contributed both money and technology.

And the result? They were kicked out, not to mention taking control, they weren't even given a chance to touch it.

Xing Baohua firmly believes that if the Russians want to give control to Lao Mou, the conditions will be very harsh.

"Do you know why I cooperate with domestic companies? Outsiders can't be trusted, and they can't trust us either. You should avoid it if you can." Xing Baohua advised.

"Is it because I'm worried that I'm partnering with you?"

"It's impossible for me to cooperate with the Russians, especially on communications technology," Xing Baohua said, glancing at the time again, indicating that Lao Mou's time was up.

Old Mou, being quite self-aware, stood up and said to Xing Baohua, "Yours is for civilian use, and mine is for civilian use too. It shouldn't involve any confidentiality issues, right?"