Chapter 74 Visit and Research by an European Environmental Protection Company
Chapter 74 Visit and Research by an European Environmental Protection Company
Chapter 75 Visit and Research by an European Environmental Protection Company
The meeting continued, and Lin Chuan looked around at everyone: "It's been approved, but this is just a new starting point. Next, we need to do these things."
Lin Chuan then turned to look at Zhao Funing and Cui Zhaohan.
"First, regarding capacity building, the production line for the special nutrient solution needs to be expanded as soon as possible. The existing small-batch production line can only meet the needs of pilot production. Large-scale applications require at least a hundredfold expansion. You two will be in charge of leading this effort. Just tell me what resources you need."
The two nodded.
Next, Lin Chuan looked at Cheng Siyuan: "Secondly, continuous compliance monitoring must be in place, and all application site microbial activity and environmental data must be transmitted back in real time. You are responsible for building a monitoring platform to keep track of the status of each project at all times. If any problems arise, we will know immediately and respond immediately."
Cheng Siyuan nodded and said, "Understood."
Lin Chuan looked at Jiang Miaolan and another HR manager present at the meeting: "Finally, there's money and people. Expanding production capacity requires a lot of funds, and the money needs to keep up. In addition, once the project is launched, we need to expand our workforce, including fermentation engineers, on-site operations personnel, and quality inspectors, and fill them with the required numbers."
After assigning the tasks, the meeting adjourned.
Each department began to advance the work they were responsible for.
The rapid approval of the plastic-eating bacteria project has excited the management of Henghui Group even more than that of DeepBlue Technology.
Their excitement is not without reason. The sooner the project is launched, the sooner they can recoup their investment, which will reduce their financial pressure and allow them to increase their procurement volume.
That afternoon, Henghui Group couldn't wait to announce the full implementation of the plastic-eating bacteria.
The following day, stimulated by the initial news, the stock prices of DeepBlue Technology and Henghui Group both hit their daily limit.
Henghui's stock price hit a record high, and its market value reached 450 billion.
DeepBlue Technology had already entered a short-term adjustment period, experiencing two consecutive limit-down days, with its stock price once plummeting to 9 yuan. Today's limit-up indicates that a second wave of upward movement is about to begin.
In the following trading days, DeepBlue Technology experienced a strong upward trend with consecutive limit-up days, reaching a new historical high.
On Monday, June 4, the company's stock price rose to its fifth consecutive limit up, reaching 14.60 yuan, and its market value climbed to 924.03 billion yuan, with the 6 billion yuan market value mark within reach.
Since its backdoor listing, DeepBlue Technology's stock price has increased by 291.42%, nearly tripling.
Tuesday, October 5, 10:6 AM.
Several black vans pulled up in front of DeepBlue Technology.
The car door opened, and the translator and his entourage got out first, followed by several Westerners wearing dark coats.
The leader was a German man in his fifties named Hans Meier, who came from Green Source Environmental Group, a well-known top environmental protection company in Europe.
The people following behind were from environmental protection companies in France and the Netherlands.
This group represents Europe's leading forces in solid waste treatment and biotechnology.
Just two days ago, Lin Chuan received news that several environmental protection companies from Europe were coming to DeepBlue Technology today for research and inspection, and also expressed their intention to discuss business.
At this moment, the group arrived at DeepBlue Technology.
The company receptionist led them through the corridor and into the conference room.
After meeting Lin Chuan, the two shook hands politely.
"Welcome, please have a seat."
Lin Chuan raised his hand to signal that the guests and hosts should take their seats.
Hans Meyer immediately said, "Your company's technology has caused a great sensation in the industry, and we have come here to see it for ourselves."
Lin Chuan smiled and said, "No problem, shall we go take a look now?"
Hans: "Extremely happy."
A short while later, Lin Chuan led them to the plastic-eating bacteria project laboratory.
Wearing a white lab coat, Zhao Funing stood next to a biosafety cabinet and demonstrated the degradation process of plasminoides to the group.
She placed a piece of PET plastic film into a petri dish, added bacterial solution and nutrient solution, and then turned on the projector to display the image under the microscope in real time.
Meyer and several accompanying technicians huddled in front of the screen, staring at the swimming microorganisms.
Some people took out their phones to take pictures, while others quickly took notes in their notebooks.
Next is the pilot production line.
The group drove to the Hezhu Waste Treatment Center.
Seeing the row of silvery-white fermentation tanks and the sight of tons of plastic waste churning inside, the Europeans appeared calm on the surface, but their inner thoughts were quite the opposite.
Meyer walked to the discharge port, looked at the thin layer of residue on the screen, put on gloves, reached out and pinched a little, and then smelled it.
There is no odor, only a faint fermented smell.
"What should we do with this residue?"
"It can be directly buried or used as a building material filler. It is non-toxic and harmless, and has already been tested."
Meyer remained silent, then turned to look at the others in his group and exchanged a glance.
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After the site visit, everyone returned to the DeepBlue Technology conference room.
Shen Yuxin sat next to Lin Chuan, with a laptop in front of her. Five foreigners sat opposite her, with Meyer in the middle.
Meyer spoke first: "Mr. Lin, we have already visited the site, and it is truly amazing. We are searching globally for technological solutions to the problem of plastic pollution, and your company's products are the most promising we have seen so far."
"Thank you," Lin Chuan said succinctly.
"Then let's talk about the price." Meyer opened a document and said, "Several European environmental companies are interested in jointly adopting your company's solutions."
After a pause, Meyer continued, "Our initial idea is to establish the first demonstration project in Europe."
He looked at Lin Chuan and continued, "If the demonstration is successful and passes the safety assessment, we will promote this technology to our operations in more than 30 countries and regions around the world."
Lin Chuan asked directly, "What is your quote?"
Meyer replied, "$12 per ton of processing capacity."
At the current exchange rate, $12 is equivalent to less than 80 yuan.
Lin Chuan's expression remained unchanged, and he simply replied with two words: "Too low."
After listening to the translator's words, Meyer looked at Lin Chuan and said, "Mr. Lin, this price is not low. You need to consider the market outside of China. Our scale is huge, and the large scale effect will reduce your costs."
Lin Chuan picked up his water glass, took a slow sip, and then looked at the other person and said unhurriedly, "Mr. Meyer, our quote is $220 per ton."
The foreigners opposite him changed their expressions almost simultaneously upon hearing the translation.
The Frenchman's eyebrows almost stood up, and although Meyer didn't have such an exaggerated expression, the corner of his mouth still twitched.
"$220?" the Frenchman named Davis repeated. "Mr. Lin, I see no sincerity in your cooperation at this price."
Lin Chuan replied indifferently, "I didn't see any sincerity in your offer of $12."
After a moment, he looked at the foreigners sitting opposite him and said bluntly, "This technical solution can only be provided by DeepBlue Technology in the whole world. The pricing power is in my company's hands. $220 is DeepBlue's bottom line."
The negotiations immediately stalled.
The Europeans couldn't accept the price Lin Chuan offered, and similarly, Lin Chuan couldn't accept a price of $12.
"Mr. Lin, I know your technical solution is excellent, but you must understand that market access in Europe is very difficult. Approval process, environmental standards, public acceptance—any problem in any of these areas could lead to project failure."
Upon hearing this, Lin Chuan calmly replied, "Perhaps, but my price will not be lowered because of your difficulties."
Meyer paused for a few seconds, then stood up: "I'm sorry, we can't accept the price of $220. Since we can't reach an agreement, there's no need to talk anymore."
Lin Chuan also stood up: "I apologize for not seeing you off further."
As the group of Europeans left, Shen Yuxin couldn't help but look at Lin Chuan: "The offer of $220, is that really our bottom line?"
Lin Chuan laughed and said, "At most, we'll give them a discount of about 20 knives."
Shen Yuxin pondered, "Even at $200, it's not cheap."
DeepBlue Technology's offer to Henghui Group, converted to US dollars, was less than $32, a difference of more than five times.
Lin glanced at Shen Yuxin: "Don't just focus on our own quotes and costs. Europeans and Americans play the environmental card, and their environmental standards, coupled with their expensive local labor costs, result in high waste disposal costs for them."
"In Europe and America, the cost of processing plastic waste is between $400 and $1000 per ton. Do you still think $200 is expensive now?"
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