Tang Tiantao quickly entered the state after becoming the secretary of the Changzhou Municipal Party Committee. Compared with his mediocre Peng Haibo and Mo Jicheng who was in the previous term, Tang Tiantao's thinking is obviously much clearer.

He did not blindly imitate Songzhou, because he knew very well that the distance between Changzhou and Songzhou had widened under the circumstances at that time. Blindly imitating and chasing Songzhou would only put Changzhou into trouble. He must combine Changzhou with

In line with the actual situation of the state, we strive to develop Changzhou's advantageous industries. Industries such as Changzhou's aerospace/large machinery equipment/steel/automobiles/consumer electronics have become industries that Tang Tiantao has been strongly supporting the development of since he became mayor. Among them, the aerospace and automobile industries

It has become the top priority industry for development. The Standard Machinery Industry Group, which includes Lu Weimin's brother Lu Yongjun, has also continued to expand with the strong support of the Changzhou Municipal Government. It has become one of the top auto parts groups in the country, and its output value accounts for more than one-third of the city's auto parts industry.

In the past few years since Lu Weimin left Changjiang, Changzhou's development has accelerated significantly. Coupled with the prosperity of the real estate industry, the economic growth rate has been five to eight percentage points higher than the average economic growth rate of the province, creating Changzhou's unprecedented growth since the 1990s.

The highest economic growth rate in history, although it has not narrowed the distance with Songzhou, which is still developing at a high speed, it has surpassed Kunhu Lake, which once surpassed Changzhou, and the distance between it and Kunhu Lake is still widening, firmly

Occupying the second largest economic position in Changjiang, Kunhu is facing Fengzhou, which is rapidly catching up. In the entire Changjiang, except Songzhou, which is the best, the other three cities are facing the situation of the three powers competing for hegemony.

Lu Weimin held talks with Tang Tiantao in Changzhou, and later attended a symposium. The format was similar and the effect was not bad. However, compared with the developed private economy in Zhejiang and Guangdong provinces, the private economy in Changzhou has obviously not felt the financial crisis.

The huge impact it brings is much slower than that in Zhejiang and Guangdong provinces.

Originally, the Changzhou Municipal Government also invited Lu Weimin and his party to visit several companies, but Lu Weimin declined because one of them was the production base of Standard Machinery in Changzhou Development Zone. Lu Weimin felt that although Standard Machinery had been listed as a public listed company, its

His elder brother Lu Yongjun is still serving as the chairman of Standard Machinery Group and is still the largest shareholder of Standard Machinery. There is still some kind of this relationship entangled in it, which is not convenient.

However, after attending the symposiums in Songzhou and Fengzhou, Lu Weimin obviously seemed more casual. He visited multiple industrial parks and companies in Songzhou and Fengzhou, stayed in Songzhou for two days, and stayed in Fengzhou for two days.

In three days, we stayed in the entire Changjiang Province for a week. It was even longer than the time in Zhejiang and Guangdong Provinces.

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"Do you think there will be opportunities for our standard machinery to develop in Africa? Has Africa's economy reached that stage? Our country has also experienced more than 20 years of reform and opening up, and automobile consumption has truly developed. The current economic situation in Africa

, I think it’s probably not even close, right?”

Lu Yongjun was very puzzled by Lu Weimin's suggestion. In his opinion, the domestic automobile industry is currently in the ascendant. The development momentum of Standard Machinery is also very good. At present, in addition to Changzhou, Standard Machinery has established new production bases in Chongqing/Yingkou. Further

Expand production. At this time, Lu Weimin suggested that standard machinery could consider entering the African market, which was really difficult for him to accept.

"What do you mean by "preparing for a rainy day?" Lu Weimin asked back: "How many years do you think the crazy development momentum in China can last? Chery is developing in Russia/Eastern Europe. Everyone knows the global layout and knows not to put all their eggs in one place.

In the basket, is it true that standard machinery does not have any sense of crisis?"

"That's not what you said." Lu Yongjun shook his head and disagreed with his younger brother's opinion. "The domestic market for standard machinery is not stable. Joint ventures and wholly-owned enterprises from the United States and Japan are entering the Chinese market in a big way, which has a great impact on our market share.

We have met a big challenge. We now need to further consolidate the market. I think it is a bit hasty to expand outwards at this time. Moreover, standard machinery still needs to continue to increase investment in research and development. The investment in this area is huge, and we do have the intention.

Travel abroad, not to Africa, but to Europe and the United States."

Lu Weimin was slightly moved and glanced at his brother, "Standard Machinery is preparing to take merger and acquisition actions in Europe and the United States? Do you have a suitable target?"

Seeing that Lu Weimin was not opposed to mergers and acquisitions in Europe and the United States, Lu Yongjun also thought it was normal and nodded: "There are several potential targets. There are two companies in Italy and Germany that we are in contact with. There are also two companies in the United States. The scale of these companies

It’s not big, but it has relatively high attainments in a certain field and holds a lot of patented technologies. If Standard Machinery wants to become bigger and stronger, we need to use various methods to make up for our shortcomings in technical reserves. After all,

Our history is too short, our accumulation is too little, and compared with these foreign stores that are dozens or even hundreds of years old, we are still too immature, so we need to use mergers and acquisitions to enhance our heritage."

"Now is a good time for acquisitions. Some European and American companies have been hit hard by the financial crisis and have operational difficulties. I think it is appropriate to take the initiative, but I think this is not inconsistent with entering the African market to test the waters." Lu Weimin pondered:

"The Common Market for Eastern and Southern Africa announced the formal establishment of a customs union at the 13th Common Market for Eastern and Southern Africa Summit held in Zimbabwe in June, achieving a high degree of unification of the region's foreign trade, but it is great news for the internal market. This market's population

As high as 400 million, most countries are underdeveloped countries with great development potential. The countries I am about to visit are all countries with relatively stable political situations and relatively stable development environments. Taking Kenya as an example, the country’s own automobile manufacturing

The industry has a certain foundation, and there are automobile assembly plants, but the production capacity of parts and components is very lacking. The country is extremely welcoming to industrial projects that are willing to invest in the country, and is also willing to provide a series of preferential policies. I think standard machinery should be developed early

For some preparations, it may not necessarily be a big or high-end project right away. For the production of some of the most basic parts, can we consider setting up a factory there? Your parts manufacturing company is very versatile.

Are we also providing it to Japanese and German companies? I think it is possible."

Lu Weimin's patient persuasion moved Lu Yongjun, and he hesitated for a moment, "Weimin, is this helpful to your work?"

Lu Weimin laughed, "Brother, I work in the International Department of the CPC Central Committee, not the Ministry of Commerce. This aspect has nothing to do with me. The reason why I tell you this is, on the one hand, to strengthen the economic and trade between China and Africa.

Exchanges are beneficial to consolidating bilateral relations, but more importantly, I think it is difficult for our domestic automobile market to develop at this momentum for too long. Of course, the Chinese market is large enough, but our domestic industry is expanding too rapidly. This is basically

A common problem in the development of our domestic industries is that they rush to the market, and then quickly form vicious competition on costs. So outside of this circle, the African market is very vast, just like China twenty years ago. Once the African market enters the development process, I believe this market will not

The market will be smaller than that of China. At present, European and American countries do not pay enough attention to this market, or they are unwilling to enter because they are not confident about the political systems and markets of these countries. This is exactly an opportunity for our Chinese enterprises, and what our Chinese enterprises are best at

It’s about surviving in the cracks and carving out a market.”

Lu Yongjun finally nodded, "For the people, it's not that your elder brother is so cautious, but the domestic market does have promising prospects now. Our standard machinery has new bases in Chongqing and Liaoning, and there are several mergers and acquisitions projects to consider. The company

We also plan to issue some additional shares in a targeted manner to speed up the advancement of new bases and mergers and acquisitions projects, so when it comes to other considerations, we have to be careful and we have to take this step step by step."

"Brother, as the head of the company, you should think more carefully. Look, I think you can arrange for someone to go over and take a look and understand. As for whether the conditions are suitable, I think it is up to your company to judge.

I'm just making a recommendation." Lu Weimin can also understand Lu Yongjun's caution. After all, the domestic market is indeed very hot now. It's no wonder that Lu Yongjun doesn't have much thought to explore external markets. But how long can this hot scene last? Maybe three or five

After the year, it will be time to usher in a cold wave, and it will be time to reshuffle the cards.

"Okay, I will arrange for someone to go with the group to inspect. What you said makes sense. Prepare for a rainy day. If you really have to wait until the trial production changes to find a way out, I'm afraid it will be too late." It's not that Lu Yongjun didn't understand that he could reach this point.

The truth is, "If the conditions are really right, even if the number of additional shares is increased and more funds are raised, we can try the water. We don't expect immediate results. We can just wade through the water, find a way, and become familiar with it."

It’s still okay.”
Chapter completed!