Traveling through the sword to engage in military industry

#509 - Metamorphosis

From the perspective of industrialization, the securitization and tradability of the financial market is the final link in forming an industrialized society.

Now that Dongda has begun to build a securities market in China, it is making up for this final link.

Since high-quality large enterprises have basically chosen the Hong Kong market for listing, in order to ensure the development of the domestic securities trading market, the Shanghai Stock Exchange in China has chosen to accept the model of multi-location listing for the same enterprise. The first batch of domestic listed companies, as long as they have not been dealt with by the Stock Exchange for one year in Hong Kong, and have maintained profitability for two consecutive years, with historical loss-making years not exceeding one year, the Shanghai Stock Exchange can specially approve the conversion to dual-listed stocks!

Of course, in terms of financing purposes, it is necessary to be targeted and ensure that the financing is used for product investment or market development, for the development and expansion of the enterprise.

According to this idea, those listed companies that have plans to expand production capacity or invest in new product research and development have begun to formulate new investment and development plans, taking out approximately 10% - 20% of their shares for re-listing in the mainland.

With this batch of enterprises laying the foundation, the domestic securities trading market has now finally started.

Ren Zhong doesn't have too many worries about the future development of the Dongda securities market. According to the current development trend, in the next few decades, Dongda China will see a large number of enterprises with sales scales of billions or tens of billions emerge. These are the cornerstones of the development of the stock exchange. The current short-term weakness does not mean that the Shanghai Stock Exchange in Dongda will continue to be weak in the future.

According to Dongda's development trend, perhaps after thirty to fifty years of development, the Shanghai Stock Exchange will surpass the currently thriving Hong Kong Stock Exchange. Of course, this is Ren Zhong's personal view. At this stage, it is a dream that he wouldn't even tell Chief of Staff Ye, because most people wouldn't expect the mainland's development to be so fast.

After all, the current Hong Kong Stock Exchange is global-facing and dominates the Asia-Pacific financial market.

For Ren Zhong, an outsider shuttling between two worlds, these are all taken for granted. Dongda's mainland development volume will exceed people's imagination within a few decades.

After Ren Zhong handled the coordination of these developing soft power aspects, he continued to focus on the development of technology.

At this stage, the first breakthrough was the tough nut of carbon fiber. Relying on Ren Zhong's efforts to obtain carbon fiber companies and research institutions from private enterprises in the main world at a high price, he finally obtained the complete production process technical data for T700-grade carbon fiber. On this basis, the Materials Research Center of the Dawn Research Institute finally broke through the complete equipment replication work of mass production technology, and began to mass-produce carbon fiber on a large scale in the Bright Sword world.

The first priority is aviation applications.

For the CAC-120 (Airbus A300) airliner, which urgently needs to expand its range, the new CAC-120 aircraft, which extensively uses carbon fiber composite materials, has begun intensive design and calculation work. Since there are no changes in appearance, the main focus now is on replacing materials. The weight saved by the new model using carbon fiber composite materials will be used to increase the internal fuel tank capacity of the airliner according to the plan.

Now that T700 carbon fiber is in mass production, after careful calculation by the technical team, the new airliner will save at least 5 tons in weight. Although in terms of cost, due to the high energy consumption of this carbon fiber production, the carbon fiber material is more than twice as expensive as the original aviation aluminum alloy, which may increase the cost of the new airliner by 5% to 10%, but by reducing the total weight, the internal fuel capacity of the new model will increase by about 6 tons. In this way, the range of the re-optimized CAC-120 (Airbus A300) long-range version airliner will break through to the limit of 6,000 kilometers!

This is definitely intercontinental mileage. Now the long-range Airbus A300 can easily cope with most intercontinental routes. At least in the Atlantic market, it already has the ability for intercontinental routes. From Misty Capital to New York and Washington, these popular routes can now be directly flown by the Airbus A300 long-range airliner, perfectly covering direct flights between popular cities on both sides of the Atlantic and most city routes from European cities to Black Africa and the Middle East.

For the Airbus A300 airliner, the adaptability of flyable routes has suddenly increased a lot. It can not only fly directly between popular major cities within Europe, but also be competent for intercontinental routes.

Unlike the previous Airbus A300, which had to fly to Saint Pierre Island for a transfer before continuing to the west coast cities of the Rogue Eagle, although this didn't take much effort, the experience for airline passengers was much worse than a direct flight, forcing BAC Aviation to use Douglas's DC-8 for transition on the Atlantic route.

However, BAC Aviation has been restraining its procurement needs, only equipping just enough airliners on transatlantic routes, in order to free up quota to receive its own produced Airbus A300 long-range version, eagerly waiting.

Rolls-Royce Westminster Headquarters.

"Mr. President, this is the latest modification design of the Airbus A300 made by Dongda Yandu Aviation." Dr. Blair, the chief technology officer of Airbus Rolls-Royce, walked excitedly into President Robert's office.

"Dongda has invented a new type of composite material, which they call T700. It is said to be stronger than aviation aluminum alloy, but lighter in weight. According to them, it is 30% lighter than the same aviation aluminum alloy. According to the data given to us by Dongda's technical officer Ma Weiguo, after replacing aviation aluminum alloy and some on-board equipment with T700, our Airbus A300 is expected to reduce weight by about 5 tons. According to their new plan optimized on the CAC-120, the fuel tank will be increased to a capacity of 6,000 liters to increase fuel capacity, thereby directly increasing the range."

"Now they have sent us the design plan, and then they will gradually send us the components replaced by the T700 material. So that the Airbus A300 has a new long-range prototype."

"Are they so fast?" President Robert was pleasantly surprised. In the previous Airbus A300 project of cooperation between the two parties, the existence of this new long-range airliner was already mentioned. At that time, it was planned to use a new material called X to reduce weight, but Dongda did not explain what this X material was at that time.

President Robert thought that it would take at least five or six years to get results. Who knew that it wouldn't be long before this material called T700 was developed by Dongda.

"Ask if we can apply to produce this material directly in Westminster?"

President Robert suddenly realized that the material itself was the key. He basically no longer doubted the feasibility of Dongda's design.

"Mr. President, I have asked, and Dongda has rejected this suggestion." Dr. Blair said with some embarrassment. As the chief technology officer of the Airbus Group's Rolls-Royce, Dr. Blair still has this sensitivity, but how could Dongda easily spread this strategic new material.

"It's okay, let's try our best to participate in the production or processing of this new material. For us, we need to find ways to master this breakthrough new material," President Robert said. "After getting these material parts, our new materials department should organize a dedicated research team as soon as possible to study it. Dr. Blair, I think you are well aware of the importance of this material."

"Yes, Mr. President, I am very shocked by the breakthrough in material technology from Dongda. Obviously, this material will cause a sensation in the aviation industry, and we must follow up," Dr. Blair nodded. "We are indeed far behind Dongda in this regard, and we must catch up as much as possible next. We can obtain Dongda's products in terms of passenger aircraft, but in the new fighter jets we develop next, I am afraid it will be difficult for us to obtain this material."

These are all senior experts in the aviation industry. As soon as they hear about the performance of this material, they know the significance of improving aviation aircraft, and even there may be many places to replace it in aviation engines to reduce weight.

Rolls-Royce will not open up truly core things to Dongda, and similarly, Dongda will not do such a thing.

Therefore, unless there is an equal exchange of technology, this transaction will be reached. Otherwise, with the cooperation between the two parties, it is impossible to hand over their core technology.

For Rolls-Royce, this is not only the case for Dongda, but also for the rogue eagle in the same camp. Core technologies are the company's livelihood, so how can they be given out casually.

After the Airbus A300 became a hit, Rolls-Royce realized that making aero engines for a lifetime is not as good as being the main engine manufacturer of passenger aircraft!

For Dongda Aviation, it is not only the large-scale replacement and weight reduction that has begun in the field of passenger aircraft.

For fighter jets, a comprehensive renewal and replacement work has begun. The J-9 fighter's successor model, the J-9B, is optimized. In addition to reducing weight, increasing the fuel tank, and adding weapon pylons, the new generation of fighter radar, the AP-150, is basically ready. According to the new radar design standards, the new generation of radar will have a detection range of more than 90 kilometers, and lock on enemy aircraft 30 kilometers in advance, giving it the ability to attack enemy aircraft beyond visual range.

After the J-9 is reduced in weight, the valuable weight freed up is reserved for weapons or new radar. Of course, under special circumstances, this weight can also be converted into external fuel tanks to increase the range of the entire operation!

The new generation of J-9B will have a great improvement in attack combat power.

Moreover, the new generation of carbon fiber materials has innate advantages for the improvement of naval carrier-based aircraft. There is no doubt that carbon fiber is stronger than metal in terms of corrosion resistance.

When the aircraft carrier is gradually about to complete the launching of the hull, the carrier-based aircraft J-9J model has actually completed the test flight and started the finalization test.

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It's just that the take-off weight of the old J-9J is reduced compared to the land-based model, so some reductions must be made in terms of the load of take-off weapons or fuel tank fuel, which is equivalent to indirectly reducing the combat effectiveness of the fighter.

Next is the Dongda's first-generation strategic bomber, the H-8, which has begun a comprehensive optimization of the next-generation H-8B. Not only will the original propeller engine be replaced by a turboprop engine, but also a large area of carbon fiber will be used on the fuselage to reduce weight, further expanding the capacity of the fuel tank and developing towards a 10,000-kilometer long-range strategic bomber.

With the increasing maturity of air-to-ground nuclear missiles, the H-8 has begun to possess the strategic strike capability of ultra-long-range air nuclear counterattack.

In this way, the original trinity nuclear strategy completes the closed loop of the last shortcoming.

The big black fish has a new generation of maritime combat platform, and now the H-8B has completed a new air strike platform, coupled with the new generation of mobile intercontinental missiles that can be transferred with the train, the trinity strategic strike capability of Dongda has been greatly enhanced.

According to the current Dongda's standing nuclear force, it is fully capable of directly destroying all major cities in a continent.

No matter where it is, Dongfeng Express can fulfill its mission, and for the big black fish that is in the sea all year round, it is a true assassin that can launch a fatal blow from any location!

Therefore, even though the production cost of T700 in the Bright Sword world is very high, Dongda is still working hard to expand its production capacity, expanding from the current 10,000-ton level to the 100,000-ton level.

And this company, called Liming Industrial New Materials Co., Ltd., after holding 10,000-ton orders, directly went public through the green application channel of the Shanghai Stock Exchange, directly raising 200 million capital with a valuation of 1 billion and issuing 100 million convertible bonds to obtain funds to build a new 10,000-ton production capacity!

Before this, Liming Industrial New Materials had only completed a 1,000-ton production line.

It's just that a lot of basic construction funds are needed, which led to this new financing + debt-to-equity model, raising 300 million yuan to build a 10,000-ton production capacity.

If it were in the past, such capacity expansion would take at least three years. After accumulating sales, it would be possible to obtain bank loans for the next round of expansion after having considerable net assets. Otherwise, the Liming Research Institute would need to guarantee or directly inject capital into this company.

Although this model is not impossible, the development speed and limitations are obviously much greater than financing through the stock market. Now that the domestic securities trading market in Shanghai has been opened, financing through the market, under the green channel model, the financing work was completed in less than three months.

And the purchase of equipment and other things started to be invested with loans guaranteed by the Liming Research Institute after the start of financing, and these loans were directly repaid after the financing was successful, perfectly replacing the time difference in the middle.

This greatly improves the growth process of truly high-tech enterprises. You must know that the price of one ton of carbon fiber is as high as 100,000 yuan now. If such a production capacity is built, the annual output value will reach more than 1 billion yuan, which can be said to be a big company in China in one fell swoop.

Although the early valuation of 1 billion is somewhat virtual, the real output value after completion is completely worthy of this valuation. Judging from the domestic carbon fiber production and demand, this market will only be bigger than this in the future, and investors who invest in Liming Industrial New Materials Company will also make a lot of money on this stock.

The development of Liming Industrial New Materials Co., Ltd. made the senior executives of Dongda see for the first time the powerful driving force after the integration of the financial market and industry, especially in the marketization process of new technologies, the catalytic speed of this model is amazing.

Under the promotion of the financial market, a product was directly catalyzed for tenfold development, realizing a perfect transformation from technology to the market. (End of this chapter)