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Chapter 483 The Heir of the Boston Consortium

At noon, Fan Heng and important leaders in the province were entertaining Dr. Lawrence Heimer, vice president of the Boston Consortium from the United States, at the provincial government's direct store.

The Boston Consortium is also one of the top ten consortiums in the United States, ranking fifth in total, and one of the oldest monopoly consortiums in the United States.

It was composed of the Lowell, Lawrence, Adams and Rocky families in the Boston area where the slave trade became rich in the 19th century and the emerging Kennedy family.

At that time, these families invested the huge amount of funds accumulated from overseas colonial plunder in commercial banks, insurance companies, and investment companies, and rely on these financial institutions to provide funds to operate light textile industries such as textiles, leather, shoes, clothing, food, and chemicals.

The light textile industry developed rapidly. By the beginning of the 20th century, these Boston families that had intermarried for generations had formed the Boston consortium with the First National Bank as the core.

In addition to banks, Botu Consortium also owns four famous insurance companies, but the Boston Consortium is not as strong as the Eastern Consortium. The industry it controls was originally mainly the light textile industry. Since the 1950s, it has used the scientific research results of MIT to develop emerging technology industries, and has shifted from the light textile industry to electronics, optics, space, missiles, etc.

For example, the Texllon Company it controlled merged many small and medium-sized companies after the war, and its strength grew. Its business direction also shifted from the light textile industry to the aerospace industry and electronics industry. It became a diversified company with more than 70 subsidiaries, manufacturing aviation and aerospace products, various electronic components, aircraft parts, and also operating industry such as watches and clocks, furniture and poultry. One of its company Bell Helicopters manufactures helicopters for the Pentagon and foreign countries.

The Boston Consortium has superior technical strength in developing emerging technology industries. The research results of famous universities such as Foton University and MIT have effectively promoted the development of cutting-edge industries in the Boston region. Its affiliated with Textron, Resion and Polareud Corporation, have grown rapidly due to the stimulus of emerging technology industries.

Politically, the Boston Consortium qualified Keefeller Consortium supported JF Kennedy as president. Kennedy was the leader of the White House and won a large number of military orders for the Botton Consortium, which caused strong dissatisfaction among the Morgan Consortium. Therefore, Kennedy's assassination brought a great blow to the Boston Consortium, causing its position to decline in competition with other consortiums.

Dr. Rollsheimer is the direct heir to the Lawrence family. He is only in his thirties and is tall and handsome. His assets under his name have exceeded 500 million US dollars. He is still single and is a relatively famous diamond five in the United States. In particular, he has had scandals with many Hollywood actresses, so he has always been a hot figure in gossip magazines.

The total of more than 50 people in the local inspection team brought by Lawrence Heimer was mainly to investigate the current situation of the local textile industry in Jiangnan Province and see if there is a possibility of in-depth cooperation. After all, the Boston Consortium has a strong advantage in this regard. After integration, the textile enterprises in Jiangnan Province, led by Jiangnan Wool Factory, are striving to move towards the domestic leading textile industry with great momentum. There is a foundation and necessity for cooperation between the two.

Fan Heng and other leaders of Jiangnan Province were also very welcome to the arrival of Lawrence Mo and his party. Jiangnan Province is currently on the road to rapid development. It is very helpful to absorb more foreign capital and more technology. Especially the textile industry has always been a traditional project in Jiangnan Province. It should continue to be carried forward | The technical advantages of the Boston Consortium in this regard are of great significance to the takeoff of the textile industry in Jiangnan Province.

Lawrence Heimer had greater hope for this trip. Because before he came, he believed that Jiangnan Province was the same as other mainland Chinese provinces. He was very eager to get foreign investment. They could easily achieve the goal of this trip, invest some funds, and get controlling stakes in major textile factories in Jiangnan Province. Then, they transformed these textile enterprises including more than 200,000 employees into their own production bases in mainland China.

But after they visited the Jiangnan Wool Mill, they found that their starting point seemed to be a bit too high.

At present, Jiangnan Wool Mill has sufficient funds. Since the implementation of debt-to-equity conversion, Jiangnan Wool Mill has received a capital increase in Fan Wubing. There is no problem in this regard. In terms of production equipment, it has just introduced cash textile machinery from Germany and some blending technology. It can produce a lot of high-end fabrics and the effect is very good. It not only meets the needs of the domestic market and has also begun to be sold overseas.

Under such circumstances, Lawrence Heimer found that his original idea needed to be adjusted. Now he can't just spend money to seize the textile industry in Jiangnan Province. If he wants to achieve his own goal, he can only start from the provincial government and try to persuade them to engage in a joint venture and obtain a controlling stake.

Keep the route you booked.

So at the cocktail party, Lawrence Heimer raised this question, "Dear Governor Fan, can our Boston consortium acquire the Jiangnan Wool Mill?"

"This may be difficult." Fan Heng replied with a frown, "Jiangnan Wool Spinning Factory was originally a state-owned asset, but later it was on the verge of bankruptcy due to poor management. Fan's Investment Group proposed a debt-to-equity conversion proposal and cooperated with the provincial government to become the largest shareholder and controlling shareholder of Jiangnan Wool Spinning Factory. If you want to acquire it, you can choose other companies, but Jiangnan Wool Spinning Factory may be difficult to acquire."

"Why? Can't your provincial government exert a certain influence?" Lawrence Heimer asked. "In return, we can provide a preferential loan to the Jiangnan Provincial Government, such as 500 million US dollars or more, for the economic development of Jiangnan Province, such as building highways."

Lawrence Heimer felt that his advice was very good. If officials want to be promoted, they need political achievements. At present, what China needs most is to introduce foreign capital. He has no reason to object to such a large amount of money in front of Fan Heng. As for what state-owned assets are, it is just a statement. He believes that the provincial government has many ways to properly solve this problem.

However, Fan Heng's rebellion was obviously beyond his expectations.

"Mr. Lawrence was joking. It was not convenient for the provincial government to interfere in business operations." Fan Heng said with a smile. "The provincial government can only provide some convenience in policy to help the company develop. For example, Jiangnan Wool Mill is now operating the Fan Investment Group. If you are interested, you can negotiate with them or reach a consensus."

Then Fan Heng said again, "In fact, the Jiangnan Provincial Government mainly hopes to introduce advanced technology to make Jiangnan Province's textile enterprises have stronger competitiveness and participate in international market competition. Therefore, we hope to obtain some help in fabric design, rather than simply expanding the production scale and turning Jiangnan Province into a pure production base."

After hearing Fan Heng's words, Lawrence Heimer discovered a problem. The governor in front of him was very different from the many officials he met in China. He seemed not very interested in introducing funds, but paid more attention to introducing technology. This was really an unexpected discovery.

But in this way, your plan will change.

Moreover, I don’t seem to know what Fan’s Investment Group is very good.

Lawrence Heimer thought to himself that after he went back, he would find someone to investigate. Whose person was the Fan Investment Group? Only by knowing yourself and your opponent can you win every battle. He took a sip of the white wine in the glass and felt the unique wine culture of China. Then the eyes lit up in front of him, and he discovered that a beautiful woman who thought she looked very elegant came over.

"Governor Fan, you have your new document sent by the National Flood Control Command." Song Qing whispered to Fan Heng, who was drinking with the guests.

"Well, I'll go and have a look. You'll be here to accompany them." Fan Heng nodded, then left the seat.

Song Qing greeted everyone present, then asked everyone to have a meal at will, and arranged for the kitchen to quickly serve Jiangnan Province's special dishes so that these foreigners who had never seen Chinese food could taste it.

Since Lawrence Heimer's eyes have become a little dull since seeing Song Qing, or like an iron nail sucked by a magnet, turning with Song Qing's figure.

Speaking of which, Song Qing is not a stunning person, but she looks very elegant. Especially in recent years, after Fan Heng trained in the officialdom for a period of time, she seems even more humble and arrogant, and has a very good grasp of her position. In addition, she also has a deputy department-level position, which has made her divorced from her immatureness when she first graduated and has become a professional woman with elegant temperament.

Therefore, Lawrence Heimer, who was used to hanging out among the Hollywood flowers, became a little fascinated when he saw Song Qing.

"Qiu, who is that beautiful lady?" Lawrence Heimer asked the translator beside him.

The translator named Qiu looked at Song Qing, then looked at Lawrence Heimer, who looked anxious, and felt very despised. He thought that this foreigner was just uncultured and had no patience at all, and did not understand the truth that Mount Tai collapsed and his face remained unchanged. So he replied, "This is Deputy Director Song Qing of the Provincial Government Office and also the secretary of Comrade Fan Heng."

"Oh, beautiful female secretary." Lawrence Heimer nodded. He didn't know what position the deputy director of the Provincial Government Office was, but seeing that Song Qing was not old, she should be an ordinary white-collar worker, right?
Chapter completed!
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