I See through Everything

Chapter 283: Chapter 148: Vanguard

Yu Hongfu took the documents Xiaoxiao handed him. As he flipped through them, he marveled, "Are agricultural companies this loaded nowadays?"

Xiang Wenbo, however, was lost in thought. "White Truffle? I remember now. It’s that company reported on last October, the one that used new technology to artificially cultivate white truffles."

"No wonder, so it’s *this* company." Yu Hongfu, who was reading the report, widened his eyes and couldn’t help but curse, "Damn! Their revenue last year was nearly five billion? With a gross profit of over three billion?"

"What?" Xiang Wenbo was stunned as well.

To put it in perspective, Sany Heavy Industry’s annual net profit had only been around four to five billion in recent years. During the company’s peak, its annual net profit had been close to fifteen billion.

Yet Hailufeng Company’s profit was already catching up to Sany Heavy Industry’s.

If you factored in the over three billion in technology licensing fees this year, then Sany Heavy Industry’s profit would indeed be lower than Hailufeng’s.

Xiang Wenbo leaned over to look at the report as well. After reading it, he finally understood why Hailufeng Company had such a high profit margin.

"They’re all luxury goods in the agricultural world. I’m envious!" Xiang Wenbo couldn’t help but feel a pang of envy.

The engineering equipment they sold to Hailufeng Company today had a gross margin of only about 18%, for a profit of around 43 million.

Compared to Hailufeng’s white truffles and eel fry, the difference in profit margins was like night and day.

Yu Hongfu was also relieved about Hailufeng Company’s ability to pay. "With their company’s strength, purchasing four hundred units of engineering equipment is indeed very easy for them."

Suddenly, a sharp glint flashed in Xiang Wenbo’s eyes. "No! I think this is an opportunity."

"Chairman, have you discovered something?" Yu Hongfu was puzzled; he didn’t see any opportunity.

A trace of surprise was in Xiang Wenbo’s gaze. "Hailufeng Company has grown so large in less than two years. This Jiang Miao is no ordinary man. And from observing their company’s development, I’ve found that Hailufeng Company is extremely confident in their technology."

"So what’s the opportunity in that?" Yu Hongfu was still completely in the dark.

"Hongfu, have you forgotten? That Wang Feng said they are buying this engineering equipment to level sandy land, and specifically in the Kerchin Desert." Xiang Wenbo laid out his deduction. "In other words, Hailufeng Company is going to plant hundreds of thousands of mu in the Kerchin Desert. No matter what they’re planting, the initial investment will be at least a billion. Without a high degree of confidence, I don’t believe they would invest on such a massive scale."

"I understand now. General Manager Xiang, you’re saying that if Hailufeng Company’s project in the Kerchin Desert succeeds, they will definitely need to expand further. At that time, they’ll surely purchase more of our equipment."

Xiang Wenbo shook his head. "It’s not just them. If crops can be grown in the desert, and if it’s profitable, I predict a whole host of domestic agricultural companies will rush to invest in the deserts of the North. This is a massive opportunity."

"General Manager Xiang, what’s your plan?" Yu Hongfu also felt that if this was true, Sany Heavy Industry could seize the first-mover advantage and potentially make a fortune.

"In that case, we can’t just send one maintenance team over. Have the R&D departments for bulldozers, graders, loaders, and road rollers immediately select technicians to form a dedicated improvement team. They will follow Hailufeng Company’s work sites to further refine our products."

Then Xiang Wenbo continued, "At the same time, keep a close watch on Hailufeng Company’s planting situation in the Kerchin Desert. It would be best to find a few technicians who understand agriculture to evaluate Hailufeng Company’s project there. See if this project has potential for widespread adoption. If it has extremely high potential, report to me immediately."

"If it really does have great potential for widespread adoption, then we need to consider developing leveling equipment specifically for sandy and desert terrain to quickly seize the market. Given the climate of the Kerchin Desert, we should know the results around October of this year."

"General Manager Xiang, you are truly farsighted." Yu Hongfu had never imagined such an opportunity was hidden within this deal.

"Hongfu, you see to this matter."

"Yes, leave it to me."

「Meanwhile.」

While Wang Feng and his group were waiting for their flight, they called Jiang Miao and Lü Weibin respectively to inform them of the results of the day’s negotiations.

Lü Weibin, who was already in the Kerqin Region setting up the Monan Branch, said he would finalize the location and area of the planting base as soon as possible, and also recruit the necessary staff.

After all, the more than four hundred units of engineering equipment alone would require over four hundred professional drivers, not to mention the supporting logistics personnel.

An engineering team of this size could reclaim roughly 75,000 mu of sandy land per month. Aside from not working in the winter, they could work for a total of nine months a year, from March to November, reclaiming a total of 675,000 mu annually.

Some of this reclaimed land would need to be planted this year, and the rest would be planted next year.

Planting also required manpower.

Therefore, Lü Weibin was under immense pressure. The human resources task force he brought with him was in the Northeast and North China regions, mass-recruiting drivers, Agricultural Technicians, and other related personnel.

To ensure they had enough agricultural machinery operators, the HR department even went to a subsidiary of the Beidahuang Group, preparing to poach dozens of veteran operators to serve as trainers.

While Jiang Miao was buried in his research back at the Shanmei headquarters, Lü Weibin, Wang Feng, and the others were so busy their feet barely touched the ground.

One day they were negotiating with an agricultural machinery company, the next they were discussing collaborations with a pesticide and fertilizer enterprise, and the day after that they were placing orders with an agricultural supplies company.

Lü Weibin, in the Kerchin Desert, was not only establishing the branch company but also discussing investment and the areas and acreage of sandy land to contract with the local authorities, all while settling in the new employees and conducting their initial training.

「Before he knew it, it was March 7th.」

On this day, Jiang Miao, accompanied by his security team and a group of company assistants, boarded a high-speed train and headed north. His first stop was Jiangcheng Lion Mountain Agricultural University, and Shuya would also be going with him to Jiang City.

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