Rebirth of Military Workers

Chapter 1399

The two big men looked at Xie Kai.

“You didn’t talk to the Ukrainian side? You don’t know how we knew it? The Soviet Ministry of Foreign Affairs just issued a note saying that Ukraine would send a team composed of the Military Industrial Committee and the Ministry of Aviation Industry to China for a visit…”

In addition to the technical cooperation agreement with 404, the Ukrainian Military Industry Committee and the Ministry of Aviation Industry visited China, what else?

“How much money did you raise? Can you satisfy the cooperation with Ukraine?”

What Li Mingshan is worried about is funding.

Once the funds are collected, there will be no problem.

“In terms of funding, there are still a lot of gaps. Director Zheng and Director Wang have been busy raising funds during this period. Other units don’t have much money, and many units need loans from local governments…”

When it comes to money, it is embarrassing.

When almost all units have taken out their wealth, the other member units of the entire Military Joint Technology Association can only raise 20 billion yuan.

Only the introduction of technology, 20 billion funds is enough.

After the technology is introduced, more funds are needed to digest the technology.

As a result, funding becomes insufficient.

In order to avoid problems in the follow-up, sufficient funds must be prepared now.

Even if China CITIC Bank is fully committed to providing loans, it cannot provide so much.

Long Yaohua looked at Xie Kai and knew that funding is the biggest problem, “You give me an exact number, how much is it?”

Xie Kai introduced what he had learned.

“The chief, according to the current situation, set aside sufficient development funds. Excluding loans, our family alone will have a shortfall of tens of billions. Adding other units, the gap will reach 20 billion!”

Such a huge funding gap is indeed difficult to resolve.

The military also made a lot of effort this time. In order to solve the worries about 404, the military subsidized a lot of scientific research funds.

Li Mingshan asked Xie Kai in disbelief, “Didn’t we assume your main project research and development funds? Starting next year, your budget will be included in your annual budget. It stands to reason that you don’t have much gap!”

For the military, the issue of 404 development funding has been considered before.

Up to now, with the development of various key projects, each of the 404 projects has an extremely large annual demand for funds, and the annual R&D expenditure has expanded to more than 4 billion. The more funds are needed later.

“Chief, originally we expected the export of Super-7 to bring a large part of the funds, but now we have not signed contracts with other countries. There are many countries that want to purchase, and not many are willing to pay all the purchases in advance according to our requirements. Many countries Countries such as Argentina and Egypt even hope to exchange resources for them. To obtain these resources, you must first invest in them…”

Xie Kai introduced the current situation of 404.

There are a lot of super-7 intention orders.

But no customer is as rich as Iraq.

Even the Saudi side’s purchase is only negotiating with the Egyptians, preparing to order Super-7A as a training aircraft.

The Egyptians want to expand their purchase orders, but they also want to borrow from China and use resources to repay them… Pakistan also wants to increase the scale of production beyond -7.

Up to now, the negotiations between the parties have not entered a substantive stage, let alone reached a cooperation agreement.

Even the RD-33 engine is no longer an obstacle to Super-7 production.

Originally, the 404 side subsidized the profits of over -7 to this transaction. Only Israel ordered it. The Chinese side has begun to modify the plan. After the contract is completed, it will be handed over to the Soviets for production.

“Why is your funding short of so much? You didn’t say before that you would rely on the export of Super-7…”

Long Yaohua also didn’t believe it.

“Chief, there is really a shortage of funds now. After the establishment of the Technical Association, all units must upgrade the manufacturing system as soon as possible, which requires huge funds. Each unit will spend a quarter of the funds for production. Ability improvement.”

When Xie Kai said this, he paused.

After observing the expressions of the two big brothers, he continued to explain.

“Introducing Soviet technology, it is necessary to improve manufacturing capacity. Purchasing production lines and production equipment from Ukrainians is far less cost-effective than domestic production. It is not a cost issue, but a stimulus to the entire country’s industry. Director Zheng and Director Wang and military technology joint The member units of the association have reached an agreement in this regard, and will never purchase what can be produced domestically. The equipment that Ukraine can provide may not be as good as the domestic one…”

Like CNC machining centers, Ukraine can’t provide them at all.(Read more @ wuxiax.com)

The entire military manufacturing industry in the Soviet Union is dedicated to the production of special planes.

Only then did Long Yaohua and Li Mingshan know why there was such a big funding gap again.

The purpose of the establishment of the technical federation is also to promote the improvement of domestic infrastructure. They will naturally not oppose the federation’s own domestic upgrade of production lines.

It can only mean that the military has no choice but to let the 404 be resolved as soon as possible.

Otherwise, after the Ukrainians come, the cooperation between the two parties will be reached, which will eventually cause problems.

From their words, Xie Kai can realize their eagerness.

No one can do it without money.

Zheng Yucheng and Wang Guilin came back in the evening. Xie Kai saw them looking tired. She didn’t want to talk about it, so she had to.

Zheng Yucheng and Wang Guilin were equally surprised after introducing the two tycoons to himself and the Ukrainians taking the initiative to come to China.

They also wondered why the Ukrainians were so anxious.

Although the Ukrainians were also eager before, after the Soviet Union proposed that the total amount of cooperation between the two sides must reach 10 billion rubles, after Ukraine threw the list to China, there were very few inquiries.

The Chinese side has to raise money, and Ukraine has to integrate the technology, evaluate the technology, and measure the price at which it will be provided to China.

Large-scale technology supply is even more urgent in China.

If the opportunity is missed, it will be difficult to have it in the future.

Once the transaction is completed, China will be able to rapidly improve in many aspects, filling up many gaps in domestic technology research and development.

As a result, the Ukrainians were anxious.

Xie Kai saw that they both looked at him, and wanted to know the answer from his own mouth.

He couldn’t figure it out himself, is it possible that the Soviets are now crazy?

“According to my speculation, it is very likely that the Soviet Union’s domestic capital pressure is too great, and our funds are urgently needed. According to the previous conditions, at least 30% of the total contract amount should be paid in foreign exchange.”

Ten billion rubles, if you pay 30% in US dollars, you get more than three billion US dollars.

This foreign exchange alone makes 404 heads big.

The country’s foreign exchange reserves are almost the same.

Xie Kai’s personal net worth far exceeds this number. It is impossible for him to use his personal wealth to subsidize this transaction.

What’s more, these funds have to be prepared to drag the aircraft carrier and technology back after the disintegration of the Soviet Union.

“Now the funding problem is not serious. CITIC has combined several banks to provide us with loans. The interest rate is relatively high and much lower than ordinary commercial loans.”

Xie Kai didn’t ask how much the interest was. If you can get a loan, no matter how high the interest is, it’s a good deal.

Zheng Yucheng looked at Xie Kai for a long time before saying to Xie Kai, “Xie Kai, this may be a bit embarrassing for you. We need you to support some foreign exchange. These fees will be settled in RMB to you in China.”

Xie Kai knew that Zheng Yucheng was not a last resort and would never speak to himself. The two old guys never asked about Xie Kai’s personal wealth and prevented others from knowing it.

“Is two billion dollars enough?”

Zheng Yucheng and Wang Guilin did not expect Xie Kai to be so generous.

They don’t know how much money Xie Kai has now, they look at Xie Kai with shocked faces!

“Two billion U.S. dollars is nothing to me now. And it will not affect future plans. However, in order not to set a precedent, it must be settled at the exchange rate…”

Zheng Yucheng and Wang Guilin were not overjoyed when they heard him say this.

On the contrary, there are some concerns.

“Xie Kai, if you make a personal contribution in your name, this won’t work…”

Wang Guilin reminded Xie Kai.

“Rest assured, I will not settle the settlement in my own name. I will inject capital into the country through the Swiss bank and transfer one billion US dollars in the name of investment. This fund will be used to invest in some key projects…”

Xie Kai said his thoughts immediately.

In the past few days, I have seen Wang Guilin and Zheng Yucheng become anxiously angry about foreign exchange. Other units have been struggling with 30 to 50 million foreign exchange. The foreign exchange required by 404 is indeed too large this time.

Zheng Yucheng and Wang Guilin knew that all the wealth in their hands was US dollars, and they never took the initiative to mention it.

Now it is too much to be forced.

Under such circumstances, if Xie Kai does not help, it will not be able to solve the foreign exchange issue.

Xie Kai also knows that it is not easy to transfer funds back from internationally, especially not to expose his personal wealth.

Once it is known at home and abroad, problems are likely to occur.

Many investment areas in the country are now open, and several offshore companies have been operating many times, and it is not easy to be discovered, otherwise he would not take the initiative to raise them.

What’s more, Zheng Yucheng and Wang Guilin will worry about these things, and Xie Kai is also relieved.

The two old men would never cheat him.

“Not so much. For other funds to find domestic bank loans. There were originally hundreds of millions of dollars in foreign exchange that could not be collected. Even the military gave us all the foreign exchange in the small vault, plus the borrowed from Kaisheng, now it is nothing more than 2.7 billion US dollars, there is still a gap of 800 million US dollars. You can only borrow one billion US dollars…”

“With your billions, there is no problem.”

Without the pressure of foreign exchange, there is no problem.

As long as the technology is brought back in, the domestic bank loans are digested and absorbed as needed.

It is also impossible for the country to remain indifferent to this kind of large-scale technology introduction project. Not only is there news that it will increase the allocation of R&D funds after the year, but even the Ministry of Finance has greeted the banks and provided low-interest or interest-free loans.

With so little military spending every year, the military system is tightening the belt to live life. With loans, life will be better.

Xie Kai was naturally happy when he saw the two relax.

“What happened in the federation? How did the 112 factory solve it?”

For the 112 factory, Xie Kai was very upset.

The typical crossing of the river to demolish the bridge, not to mention that they have gained so much benefit.