Huang Youwei thought for a moment and then laughed, shaking his head and saying, "I don't know whether to say you're lucky or unlucky. If it were a few years ago, neither the market nor state-owned enterprises would have been able to accommodate you."
"You can tolerate me too?" Lu Feng asked him with a smile.
Huang Youwei burst into laughter and said, "There is no such thing as pure good luck in this world, just as I thought."
What should we do next?
Huang Youwei stuffed the tea egg in front of him into his mouth and chewed it heartily. After finishing, he clapped his hands and said, "Boss, calculate the cost."
"I'll do it!" Lu Feng hurriedly stood up and took out his money.
Huang Youwei reached out and pressed Lu Feng's arm down, saying, "Bribery is prohibited!"
"It is our honor to have a righteous official like you. We will start with small things, start with ourselves, and thoroughly implement..."
"Stop! Enough with the nonsense."
The shop owner walked over and said, "Seventy-four cents."
Huang Youwei took out eighty cents from his pocket and handed it over, then walked towards the car across the street. On the way, he said, "This time I really have no way to deal with it. You have to figure it out yourself. If you can endure it, then endure it. If you can't, then it's really over. Let me tell you this: Haochen Copper Industry has deep-rooted interests with more than a dozen copper companies across the country, whether they are state-owned or private enterprises. These copper companies have uniform prices and control more than 80% of the domestic market share."
"So many?" Lu Feng was also startled when he heard this number.
"They have a monopoly on more than 95% of copper composite materials. They have insider pricing and deep cooperation with many state-owned enterprises. No one can shake their dominance."
"Why are state-owned enterprises doing this kind of thing too?" Lu Feng asked in a low voice.
“Do you know how many state-owned enterprises there are in the country? Can you manage them all? Let me tell you, in state-owned enterprises, the general manager is no different from a private enterprise, except that he can’t sell the company. So state-owned enterprises need very urgent reform. The situation is already very serious. And then there are banks, especially local banks!” Huang Youwei said with a solemn expression.
Lu Feng knew about the banking sector. In the 1990s, not to mention local banks, even the four major state-owned banks were in a state of chaos, with the non-performing loan ratio soaring to 40 percent.
What does 40% mean?
Generally, a bank's bad debts exceeding 5% are considered to be of very high operational risk, and exceeding 8% would lead to bankruptcy. In the late 1990s, the bank's restructuring resulted in the uncovering of trillions of yuan in bad debts.
The government had no choice but to separate these bad debts and establish a state-owned asset management company.
That's trillions of dollars. Who knows who got it, whether it was used to drink Moutai or win banquets?
Huang Youwei lit a cigarette and was about to speak when Secretary Cui walked over. He waved his hand and said, "Go wait for me in the car."
Secretary Cui glanced at Lu Feng with some surprise, not knowing what the two were talking about, and couldn't hear it herself. She turned around and got into the car.
"Now you need to create an opening. Why is their technology more advanced than yours, and why are their unit prices so much lower? It's all about the price of raw materials. If you can't create a free market for these raw materials, then Jiafeng Electronics' demise is only a matter of time." Huang Youwei took a puff of his cigarette and said, "That's how electronics factories were besieged and killed back then!"
“They don’t want to change!” Lu Feng exclaimed in surprise.
"If you were a beneficiary, would you take even the slightest risk? They're making money hand over fist right now!!"
"They've already violated the Anti-Monopoly Law!"
Huang Youwei scoffed at Lu Feng's words, choking on a mouthful of smoke.
The next second, Lu Feng fully realized that the anti-monopoly law was effective against companies that were about to monopolize the market. Once these companies that had already completely monopolized the market were punished, it would mean the collapse of the industry.
“You need to grow and be able to fill the vacant market. We can’t let a market vacuum appear in the local copper industry in an instant. What I’m most afraid of right now is that if Haochen Copper is removed, the market will be in chaos and a large number of copper companies will go bankrupt.” Huang Youwei said very sincerely, “You have to think from my perspective. I’m a general manager of a state-owned enterprise, and I’ve been transferred to this place, right?”
Lu Feng nodded, indicating that he understood. He had to do his job well, otherwise he would lose his job. After all, the popular saying now is that it doesn't matter if it's a black cat or a white cat, the key is to catch mice.
"Even if I give up on Sichuan now, it won't make a difference?"
Huang Youwei shook his head and said, "For someone who wants to take you home, no matter how winding the road is, it's on their way. For someone who wants to get you, it's no use hiding anywhere."
Lu Feng was amused by his analogy.
Huang Youwei could tell that Lu Feng was in a bad mood. He was also troubled by this situation. This was no longer a lion hunting a rabbit, but an elephant trampling an ant. The other party had already revealed their methods.
"Can you provide the funding? At the very least, you can't let me be wiped out in the market. It's obvious that the next wave of market competition is coming!"
"Brother..."
"Don't call me brother. If you support me, I'll call you dad." Lu Feng hurriedly interrupted.
"Why are you being so polite? There are plenty of people who want to be my son. Some even kneel down and kowtow, begging me to be their father." Huang Youwei put his arm around Lu Feng's shoulder and said intimately, "I can cheer you on. I believe in you. You can definitely forge a different path."
Lu Feng realized that he was now sending Lu Feng into battle alone.
"By the way, there's a national enterprise summit forum in Guangzhou the day after tomorrow. Each city will nominate one company. I've registered you. I heard you'll be invited to give a speech and also receive a national youth entrepreneurship award. I think this award is definitely yours."
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