Siheyuan: Taking over the steel mill

Chapter 64 Mineral Exploration and Mining

Today's society is changing, and they must keep up with the times to avoid being eliminated. If they fail to meet Suchen's production requirements, they may lose their jobs.

In order to earn more money and keep their jobs in the steel mill, these old employees all worked hard. With their example, the new employees were unwilling to lag behind and worked hard. Suddenly, the working atmosphere in the whole workshop was very harmonious.

This busy scene can't help but remind people of the ** in the past.

Su Chen walked out of the workshop, resolved a series of matters related to tractor production, and then returned to his office.

All production problems have been properly resolved, and he decided to go to the Industrial and Commercial Bureau with relevant documents to handle the steel mill's debt issues.

The steel mill was taken over from Director Yang, and some formalities had not yet been fully implemented. Therefore, taking advantage of the relatively abundant funds at the moment, Su Chen planned to complete these formalities at once.

However, Su Chen, who was not familiar with the specific process, immediately turned his attention to the accounting supervisor, Accountant Qian.

"We have to go to the Industry and Commerce Bureau now to settle the debt issue."

Seeing that there was still some time before the end of the get off work day, he was confident that this time the work would go smoothly. Accountant Qian nodded in agreement.

"Now that the accounts are in order, it is a good time to solve the problem."

Su Chen took action immediately and arranged for a driver to drive him to the Industrial and Commercial Bureau with Accountant Qian. In that era, people had not yet come into contact with matters related to the Industrial and Commercial Department on a large scale.

When the two appeared in the service hall, they didn't see too many people queuing up. Since the economic policy has gradually opened up, even though this is the capital, there are still very few people handling this kind of business.

Therefore, Su Chen found the service window almost without any obstacles.

After he took out the required documents from his bag and handed them to the staff, he made some room to allow Accountant Qian to communicate with the person behind the window.

As a professional, during this period Accountant Qian has mastered all the financial conditions of the factory in detail.

Soon, the two of them conducted a detailed verification of the debt matters with the staff.

For Su Chen, who had not been involved in this aspect before, asking Accountant Qian to come was indeed a very wise choice.

Within a few minutes, Accountant Qian had sorted out these cumbersome processes and difficult technical terms and completed the procedures quickly.

He turned to Su Chen and said, "Director, please sign these."

After signing, it means that the steel mill officially belongs to you.

When the transfer contract was signed, there were many guaranteed items. So in the following months, Su Chen had been working hard to achieve the agreed conditions, and finally almost achieved the various items of the contract.

In this way, the steel mill will truly become Su Chen's property.

No longer just a nominal owner, after completing all the formalities, the Red Star Steel Rolling Mill will become an asset under his name, and Su Chen will no longer be a mere factory director in name only, but an entrepreneur with actual control.

Seeing that it was perfect, Su Chen nodded with satisfaction, and signed his name fluently and elegantly. In this way, all the problems of the steel mill were solved.

The Industrial and Commercial Bureau will properly handle and archive all the documents, and Su Chen will no longer need to be involved in anything that happens next.

Su Chen instructed the accountant to bring all the materials back to the factory. After completing this task, he also planned to go and see Yang Xue.

The current production situation of the steel rolling mill is basically stable. Su Chen’s current task is to further expand the steel sources of the steel rolling mill.

Although the demand for steel can still be met by local steel mills at this stage, looking into the future, when steel mills gradually grow and become leaders in the monopoly industry, the demand for steel will increase greatly.

Su Chen has recently assigned some projects to the factory, each of which involves huge steel consumption.

But now these can only be regarded as warm-up projects. In the future, when he wants to develop a wider range of "people's livelihood" projects, the current domestic production capacity is far from enough to support the supply of required raw materials.

Based on these reasons, he also began to plan and prepare various contingency plans.

One of the purposes of Su Chen's search for Yang Xue this time was to open a company in Australia that focused on iron ore resource development through the cooperation and support of the Yang Group. With this company as a foundation, he would have more room to display his talents.

Although direct mining in my country is also an alternative option, Su Chen, taking into account factors including cost and a series of possible changes in the future, is inclined to move the mining business to Australia.

It didn't take long for the car to take Su Chen to the designated location under the new house, which was currently in the stage of interior decoration.

Recently, Yang Xuechang has been staying here to supervise the work. The decoration tasks are numerous and difficult to complete quickly.

Without continuous monitoring, workers are likely to become lazy and slack off to reduce their workload. In order to ensure the overall quality of the construction, Yang Xue has been personally guarding the house every day during this period.

The engineering team therefore worked diligently and did not dare to be careless in the construction.

After entering the upper floor, Su Chen immediately noticed that the decoration inside the house had already begun to be partially laid out and constructed. Compared with the original concrete shell, many parts have already undergone preliminary installation procedures, but it will take more than a month to say when it can meet the living standards.

Seeing Su Chen coming, Yang Xue was very happy and was busy welcoming this unexpected visitor. "Why did you come here suddenly?"

"I have something to discuss with you, and we can have dinner together on the way."

Su Chen looked at Yang Xue carefully. At this moment, she was wearing a neat set of blue casual jeans and a simple style long-sleeved shirt. She looked energetic and full of youthfulness. However, at the work site where construction waste was scattered everywhere, Yang Xue seemed a little disheveled.

Seeing this, Su Chen gently picked up the dust on her head and said with a warm smile, "It's almost time for dinner, haven't you had time to eat yet?"

Hearing this, Yang Xue lowered her head and glanced at the dial on her wrist. Her cheeks unconsciously flushed slightly. "How did time go by so fast? I didn't expect it's so late now. Please be patient. I will quickly prepare dinner with you in a moment."

Looking at the slightly shy Yang Xue, Su Chen gently waved his hand to let the girl tidy herself up for a while, then turned around and told the workers who were busy in various directions: "Guys, it's time for dinner, take a break and have a hot meal first."

Hearing this, the workers put down their tools temporarily. After all, Su Chen's house was not large and required many details to be carefully arranged, so the pace of work was not very tight. Now it was just time for dinner, and they had long wanted to stop and rest; but since Yang Xue was the site supervisor, they were not in a position to take the initiative.

After hearing what Su Chen said, the workers finally relaxed.

Yang Xue simply tidied herself up beside the sink, then walked back to Su Chen, "We can go now."

Su Chen took Yang Xue to a restaurant outside.

He didn't take Yang Xue to try any special food, he just randomly picked a restaurant with a lot of diners. After the two sat down by the window, Su Chen asked the driver to eat first.

After ordering a few simple home-cooked dishes, Su Chen explained his intention to Yang Xue: "I want to set up a steel mining company in Australia."

Hearing this, Yang Xue showed a hint of surprise.

"Want to set up a mining company in Australia? Why not in China?" Su Chen shook his head.

"You also know that domestic mines are basically managed by the state. Even private contracting requires huge amounts of money."

"So I want to set up a company abroad, so that the financial pressure will be relatively small and it will be more convenient." After listening to Su Chen's explanation, Yang Xue nodded in agreement.

Judging from the current policies, if Su Chen chooses to establish a similar company in China, there will indeed be many inconveniences. Not only does he need to establish various relationships, but he also needs to spend a lot of money on mineral exploration and mining.

Even creating a company from scratch is an extremely complicated process, not to mention acquiring an existing company through mergers and acquisitions, the cost will be astronomical.

Even though some state-owned companies have gone bankrupt, mines are still a profitable resource and few people are willing to transfer these gold nuggets easily.

Considering Su Chen's actual situation, Yang Xue did think that this idea was very forward-looking.

"Starting a company in Australia is a good option, and we have some connections there," Yang Xue agreed.

However, she also stressed: "I will ensure that this company belongs to you. I do not want our family to be involved in the management and operation of the steel mining company."

This is exactly what Su Chen wants to insist on.

Large enterprises like the Yang Group not only have many assets in their own country, but also have many channels abroad. Suchen hopes to use their relationship to establish a new steel mining company in Australia, but at the same time ensure that the control of the company is firmly in his own hands.

This point is extremely important to Su Chen, and Yang Xue responded with a smile:

"The company must belong to you completely." Even if Su Chen did not mention this, Yang Xue had already planned to give all ownership of the company to Su Chen.

Given that the documents and other procedures required to set up a company overseas are rather cumbersome, the process may involve some support from the Yang Group, but this will not affect the determination to completely hand over the company to Su Chen.

In fact, Yang Xue had no intention of incorporating this new project into her own company from the beginning. Since she had already determined that she belonged to Su Chen, then this newly established steel and mining company should naturally belong to Su Chen. She had no intention of transferring the group's interests to the new company to support its development.

Given the global strength of the Yang Group, registering a new company in Australia is a piece of cake.

As long as Yang Xue said a word, everything in the company would be in order, so she didn't think it was a hassle at all. The reason why Su Chen chose Australia was that Australia had not yet discovered the rich mineral resources buried under its feet at that time.

At this time, Australia's main industry was wool export, and it was not aware of the mineral resources that were more valuable than wool. At this time, going to Australia to start a mining company was undoubtedly a great opportunity to buy at the bottom. Although this was in a parallel world similar to "The Love of Siheyuan", the time development was consistent with Su Chen's original history. Therefore, as a traveler from the future, he knew very well that at some point in the future, Australia would rely on iron ore to exploit its own country. Given its previous behavior, Su Chen would naturally not be polite to it.

He bought it at a low price in advance, just to repay Australia for its previous misconduct against his country. Let it take the blame. In addition, the mining rights of most mineral-rich areas have been occupied by various countries. Under such circumstances, it is very difficult for Su Chen to enter this industry.

Although the steel mill seems to have sufficient finances at present, in fact, after deducting the necessary production equipment updates and the recent consumption of Suchen's business expansion, this fund is far from supporting more needs. If he wants to get involved in the overseas mining industry, the countries dominated by ** and its allies are not the best choice, otherwise he may lose more.

After careful consideration, Su Chen finally locked on Australia. After all, it was relatively easy to deal with and had a large number of unmined mines, which was very suitable for his current goal.

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