Jiang Yan's position and vision are higher than Dong Wenxu's; he has an accurate assessment of his own abilities and the role he can play.
However, there were many things that Jiang Yan couldn't tell Dong Wenxu in detail, so he could only use commands mixed with persuasion to get Dong Wenxu to do as he asked.
Jiang Yan could also be very forceful, but he didn't like doing it that way.
Do you know how many soybeans our country imports each year?
Dong Wenxu stated frankly, "A lot, probably tens of millions of tons."
He is a researcher in agricultural genetic modification, but only has a superficial understanding of the industry.
Jiang Yan replied, "We imported 103.3 million tons of soybeans last year, making us highly dependent on imports. In fact, our local soybean planting area is not low; last year, the total planting area reached 148 million mu."
"But why is the soybean industry so reliant on imports?"
Dong Wenxu was well aware of this; this issue was discussed at almost every annual agricultural research industry conference, so he was somewhat aware of it as well.
"Because compared with America or South American countries, China's soybean yield per acre is too low and the planting cost is too high."
Jiang Yan continued, "Yes, but even though our soybean yield per acre is low and the cost is high, we still need to produce them ourselves. Why do you think that is?"
The subsidies for soybean planting in China are relatively high. Since 2016, the subsidy for corn has been 100 yuan per mu, while the subsidy for soybeans has been 200 yuan per mu.
Soybeans imported into China are used for only a small portion of their production, such as tofu. The main uses are for two purposes: oil extraction and animal husbandry.
Soybean meal, the residue left after soybean oil extraction, has a crude protein content of over 40%, making it an excellent feed ingredient.
Jiang Yan continued, "With the current domestic soybean production rate at less than 20%, can we guarantee that we won't be held hostage by the government?"
Price increases caused by shortages of supplies will not be like, for example, if we need 5% less rice than we do, the price of rice will increase by 5%.
That's not the case. Rather, if rice supply is 5% less than demand, the price will rise to the point that 5% of people can't afford rice.
Not to mention soybeans, which account for over 80% of our economy, a soybean supply disruption would mean that no one could afford pork.
Dong Wenxu shook his head: "No."
Jiang Yan: "So the work we are doing is of great significance, and it is also the most important task for me in this short period of time."
"We can cultivate soybean seeds suitable for the soil environment of Northeast China by combining genetic engineering and hybridization techniques."
"Doing this well will benefit the present and future generations!"
Dong Wenxu has always been engaged in scientific research and lacks social experience, but he is not stupid, especially in the digital age where information exchange is very fast.
He didn't know Jiang Yan's identity and felt that the other party was making empty promises, and making those promises sound so noble:
"Okay, I'll first perform gene sequencing on these soybean cells, and then study the differences in their traits."
"But I still have something I'd like to ask," Dong Wenxu said, turning back as he got up to leave.
Jiang Yan raised his head: "Just tell me."
Dong Wenxu asked:
"Professor Jiang, how can you guarantee that our genetically modified soybean seeds, bred through genetic engineering and hybridization, will be approved for market release?"
"You should know that the genetically modified soybean seeds developed by Beinong Technology two years ago have already been approved for marketing in a South American country, while our country has not yet been able to obtain approval for that seed variety."
“My college classmate was on the research and development team for that soybean seed, so I know about it quite well.”
"I doubt your influence is greater than that of the Beijing Agricultural Group, does it?"
There has been much discussion about genetically modified organisms (GMOs) in China, to the point that it has become more of a mystical issue than a scientific one.
There are people who believe claims that eating genetically modified food will change their own genes.
Jiang Yan laughed, "You underestimate me, kid: Just wait and see what tomorrow's news has to offer."
The next day, Dong Wenxu received a message from Jiang Yan while having lunch at the Agricultural Research Institute.
"Public Notice on Standards for Approval of Genetically Modified Varieties, Further Promoting the Commercialization of Genetically Modified Seeds"
Let's take another look at the main text:
According to the official website of the Ministry of Agriculture, on December 12, the Ministry of Agriculture issued a notice from the Office of the National Crop Variety Approval Committee soliciting public opinions on the draft national standards for the approval of genetically modified soybean and corn varieties.
It is planned to be released and implemented after the revision of the "Measures for the Approval of Major Crop Varieties". The deadline for feedback is December 20, 2021.
Dong Wenxu realized that Jiang Yan might be some kind of powerful figure. "Which agricultural tycoon in China has the surname Jiang?"
"Given the other party's influence, I wonder if he participated in drafting this proposal or if he received prior notice."
Dong Wenxu was wrong. This draft for soliciting opinions was promoted under the direct instructions of Jiang Yan, who was the decision-maker.
"But no matter what, he's a big shot. Since he's a big shot, we should stick close to him."
The most important thing in the domestic capital market is not technical analysis or fundamental analysis, but news. The most powerful ability is to get the news in advance.
As for the power of the ministries, those interested can learn about the origins and development of China's new energy industry.
......
The headquarters of Kechuang Biotechnology in Suzhou has been in operation since the company went public. It has a huge cash flow, with more than 40 billion RMB sitting on its books, and its market value has exceeded one trillion RMB.
Kechuang Bio has become a major holding of major funds in China, especially large public funds.
Because Sci-Tech Biotech is a large-cap stock with a market capitalization exceeding one trillion yuan, the returns for private equity investments in this sector are not very high, and it cannot be driven up by a single institution.
Public funds do not have the same profit requirements as private funds, so they prefer to hold companies with deep moats, impressive financial reports, and preferably a certain level of technological content. Science and Technology Innovation Biotechnology almost perfectly meets the needs of public funds.
Why have large mutual funds been so keen to hold shares in companies like Kweichow Moutai, CATL, and Tongce Medical in recent years?
For example, Moutai's unique fermentation pits, soil, geographical environment, and microbial community, coupled with its unparalleled reputation, form its deepest moat.
(To be honest, among Moutai, Wuliangye, and Luzhou Laojiao, I personally think Moutai tastes the best, and it's not just psychological.)
Moreover, Moutai's profits are high enough that it attracts large-scale investment from mutual funds and foreign investors.
Kechuang Bio's competitive advantage lies in its monopolistic technology and equally high profits.
If Kechuang Bio cannot guarantee its technological monopoly, it will quickly face the problem of valuation reduction. Kechuang Bio's market capitalization has also fluctuated around one trillion RMB due to its brain-computer interface technology from Elon Musk's company.
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