Establishment of State-Owned Assets Company

Chapter 74 Establishment of State-Owned Assets Company

The atmosphere in the conference room of the Jiangnan Arsenal was exceptionally heavy.

Wu Zu sat down next to Lei Fu, while Xu Xu, who was in the head seat, had a face full of anger.

"This is absolutely outrageous! They have no intention of offering any compensation whatsoever!"

Everyone originally thought that the US would yield because of what happened before, but unexpectedly, the group of Americans led by Tom showed no intention of making compensation.

Currently, the provincial materials department has filed a lawsuit against the United States, demanding that the American company compensate for the substandard materials.

But everyone knows that in transnational cases like this, the US usually uses delaying tactics.

They will hire a bunch of lawyers to keep delaying the case.

By the time the final judgment is handed down, the compensation amount has already depreciated. Even worse, some of the entities that filed the lawsuits have been bankrupted during the lengthy litigation process.

"How despicable! This method is utterly disgusting!"

"Here we go again! These Americans are utterly despicable!"

"It looks like we're not getting this compensation back. This is infuriating!"

"We must be more rigorous in our reviews from now on; we can't afford to suffer this loss again!"

Everyone was furious at the US's actions, but there was nothing they could do.

Wu Zu was also holding back his anger, after all, his research on high-temperature alloys was started because of those substandard materials.

A great deal of manpower and resources were invested in dealing with these high-temperature alloys, but no one took responsibility for it.

Wu Zu did not consider himself a magnanimous person, especially when facing unfamiliar foreign opponents who wanted him to work for free.

No way! It will only make the other side pay a higher price!

So he decisively spoke up: "I have an idea!"

As soon as Wu Zuyi spoke, the room fell silent. Xu Xu looked at him, knowing full well that he was full of ideas.

Tell me about it.

"Seize the high-temperature alloy market and cripple Novus Materials!"

The meeting room fell silent instantly upon hearing this.

Everyone was originally thinking about how to minimize the losses and get compensation, but Wu Zu gave such an answer, which really surprised everyone.

Lei Fu stared wide-eyed at Wu Zu with a puzzled look: "Auntie, high-temperature alloys are military materials. You went through so much trouble to develop them, isn't it a waste to just sell them off like this?"

The others nodded in agreement, thinking that it was better to keep good things for themselves than to sell them to others.

Seeing the bewildered expressions on everyone's faces, Wu Zu understood why they had such thoughts.

This actually stems from the small-farmer mentality prevalent among a significant portion of the population in China. People are accustomed to self-sufficiency, not relying on others, and simply seeking to live their own comfortable lives.

However, in today's globalized economy, this kind of thinking is somewhat outdated.

In an era of rapid technological development, simply focusing on scientific research is far from enough.

Without strong economic support, conducting cutting-edge scientific research inevitably involves a long and arduous period.

China has now opened its economic market and actively cooperated with other countries, which has indeed led to the introduction of a lot of technology and a gradual improvement in its economy.

However, the current economic situation is still not satisfactory, mainly because the country has mostly adopted low-end economic industries.

To put it bluntly, it's those downstream industry technologies that foreign countries consider to have low profit margins and high manpower costs that are transferred to China.

As a time traveler, Wu Zu knew that this laid the foundation for the Dragon Kingdom to build a complete industrial chain in the future.

However, the people of the Dragon Kingdom paid a huge price and suffered a great deal for this.

Now that he has traveled back in time, he naturally cannot stand by and watch the country continue to suffer.

The entire industry chain needs to develop, but we can't continue living in such hardship.

To achieve this goal, downstream industries must be retained while the sale of high-tech products remains the primary source of revenue.

With that in mind, Wu Zu gave everyone a brief explanation of the relevant knowledge.

After hearing this, everyone suddenly realized what was going on.

"Wow, you can actually do that?!"

"Good heavens, no wonder we've been suffering so much; it turns out we've been doing all this hard labor!"

"Hearing what Ah-Zu said is truly worth more than ten years of study; this is the real way to make money!"

"I've learned so much! Ah Zu enlightened me so quickly, he's amazing!"

"So, does that mean we have better materials than the US? If we just set a more favorable price, we can monopolize the high-temperature alloy market?"

Seeing the astonished looks on everyone's faces, Wu Zu calmly nodded: "That's right, we must control the market. Only in this way can we decide who develops the technology. We can no longer allow the US to monopolize the world with its technological advantage and recklessly reap global wealth!"

Hearing Wu Zu's words, everyone felt a longing for a better future.

Xu Xu was extremely excited.

"That's fantastic! Ah Zu's idea is absolutely brilliant!"

"I propose that the General Office of the Provincial National Defense Science and Technology Commission fund the establishment of a state-owned company specializing in the production of high-temperature alloys, with Wu Zu serving as the head of the technology department and holding 30% of the company's shares! What do you all think?"

These words were immediately met with approval from everyone present.

Then, a cold glint flashed in Xu Xu's eyes: "Once the company is established, immediately expand production and we must snatch the orders from Norway!"

"We not only want to reclaim the compensation, but also our dignity! Everything that foreign powers have taken from us over the years, we will take back!"

As soon as he finished speaking, enthusiastic applause erupted in the room.

Wu Zu excitedly declared, "Rest assured, I will fully support this initiative and strive to help China join the ranks of the great powers as soon as possible!"

Wu Zuben was not a patient person, so how could he wait patiently for the company to be established?

Moreover, China is currently discussing the purchase of Su-27 fighter jets with Russia, and he knows he needs to speed up the process.

While Xu Xu and others were busy preparing for company-related matters, Wu Zu finally made contact with a European company.

This precision parts company, Fitz, has a long-standing partnership with Novus, processing various high-temperature alloy parts. In just a few days, Novus will sign a new phase of procurement agreements with them.

Upon hearing this news, Wu Zu was extremely excited, thinking to himself...

"We must seize this opportunity!"

That day, Wu Zu was reading through Fitz Corporation's documents while eating breakfast.

At this moment, Wu Guodong and Liu Xuelan entered the room.

"Son, your mother and I have packed everything and are planning to go back to our hometown tomorrow."

Wu Zu was taken aback upon hearing this. "So urgent?"

Liu Xuelan nodded reluctantly: "Yes, we only planned to stay for half a month, but a month has passed in the blink of an eye. We really can't bear to part with you."

Wu Zu stepped forward and hugged his parents. "I'll miss you too. By the way, what time is your train tomorrow?"

Wu Guodong checked the time. "Around noon. What's wrong?"

"12 o'clock————"

Wu Zu glanced at the magazine in his hand again.

"Mom and Dad, could you do me a favor before you leave?"

The two looked puzzled and asked, "What kind of help?"

"Help me put on a show."

"Huh? Acting?"

Upon hearing this, Wu Guodong nervously waved his hands, "I can't do that! I tend to say the wrong thing when I'm nervous. If I mess up my lines, that would be a huge problem!"

"It's not a stage performance; there are no lines."

"what?"

Liu Xuelan sensed a deeper meaning in her son's words. "Son, tell me the truth, what really happened?"

Knowing he couldn't hide it any longer, Wu Zu took out a document and handed it to them.

"This Fitz Precision Components company is a partner of Novus. They recently discussed a contract in Beijing, and I want to snatch this order."

Then, he explained his plan to his parents in detail.

Wu Guodong and Liu Xuelan's eyes lit up immediately after hearing this.

"Reliable!"

"I think it's a good thing to do what I can for my country!"

The elderly couple immediately agreed and decided to help their son with this favor.

That afternoon, Wu Guodong personally called Fitz Corporation to schedule a meeting.

Afterwards, the three of them went to the city to buy some decent clothes.

Looking at himself in the mirror, dressed in a suit and tie, Wu Guodong couldn't help but strike a dashing pose and joked, "Hey, you know what, clothes make the man, and I look pretty handsome!"

Wu Zu laughed and said, "Dad, you need to change your hairstyle. This time, we need to make it more international."

After saying that, Wu Zu took his father to the barbershop.

"Tony, could you please give my dad a haircut?"

"Shave everything from the sideburns to here, and shave the back of the head too, leaving about one millimeter. The hair on top is a bit long, so cut it into shorter sections."

At first, the hairdresser was a little reluctant, but after cutting Wu Zu's hair according to his requirements, he found that the new hairstyle made him look particularly capable and was pleasantly surprised.

When the people queuing up behind saw this, they all said they wanted to get the same haircut.

The barber was so happy that he gave Wu Guodong the service for free.

Liu Xuelan looked at Wu Guodong's handsome new hairstyle.

"Son, where did you learn all this? How come you know so much about fashion?"

"Haha, self-taught, huh!"

Wu Zu answered with a smile, then waved towards the distance.

A black Audi sedan slowly pulled up in front of them. Upon seeing this luxury car, Wu Guodong and his wife were stunned.

"Is it really necessary to rent such an expensive car?"

It's important to know that in the 1980s, an Audi A6 cost around 300,000 yuan, which was an astronomical figure at a time when even people with 10,000 yuan in savings were rare.

Wu Zu skillfully opened the car door.

"Rented."

The two of them finally breathed a sigh of relief.