"Traditional agriculture, no matter how it develops, will definitely be at a loss, there's no need to question that. However, with a little innovation, it can make a lot of money."
Chen Feng said unhurriedly.
"Easier said than done. The crayfish industry is already mature, show me your innovation."
Vice Town Mayor Liao said dismissively.
"Vice Town Mayor Liao, in fact, I was already thinking about this crayfish project when I was driving for Vice Town Mayor Qin. Now, it's mature. To put it plainly, selling the water plants used for breeding shrimp to livestock companies as animal feed is one source of income. Then, selling the crayfish meat to the catering industry is another source of income. We can also trap and sell the insects above the crayfish breeding base to the catering industry. These three sources of income combined are quite considerable."
Chen Feng explained patiently.
"It's quite considerable, but no matter how considerable, it's not as profitable as developing the industrial zone in Mingshan Town. The agricultural output value speaks for itself."
Vice Town Mayor Liao spread his hands.
The meaning was obvious: no matter how you played with ecological agriculture, even if you squeezed every last drop of value from agricultural products, they wouldn't be as valuable as industrial products.
"Vice Town Mayor Liao, you truly live up to your role as the person in charge of the economy. Your understanding of agricultural output value is very much on point..."
"Since you know you can't fool me anymore, hurry back to Wulin Village."
Vice Town Mayor Liao interrupted Chen Feng. kuAiδugg
"Vice Town Mayor Liao, don't be so hasty. There's still a crucial part of the crayfish project that I haven't mentioned."
Chen Feng said unhurriedly.
"Chen Feng, what's the point? You've already been exposed, why are you still insisting? Why insist? Isn't it better to leave gracefully? Must you make a complete fool of yourself?"
Vice Town Mayor Liao looked at Chen Feng with interest.
He had to admit, Chen Feng was truly thick-skinned. He had been exposed but was still stubbornly insisting. What was he insisting on? Anyone with half a brain knew that crayfish were mainly for eating. If you had already sold the crayfish to the catering industry, where else could the crayfish industry earn extra money?
"Vice Town Mayor Liao, as I said before, for the crayfish industry to make money, innovation is necessary. Not just innovation, but also integration with industry. Therefore, my idea is to establish a technology and industry company using the characteristics of crayfish."
"Stop, stop right there, you're getting more and more ridiculous. Crayfish are just food, and you're talking about establishing a technology and industry company using crayfish? Isn't that nonsense?"
Vice Town Mayor Liao couldn't help but laugh.
Chen Feng wasn't annoyed. Innovation was something ordinary people wouldn't understand, which was normal. In other words, if everyone could immediately find the innovative point of a product, then that product wouldn't be considered innovative.
Taking a deep breath, Chen Feng showed a scientific article to Vice Town Mayor Liao. Vice Town Mayor Liao was initially dismissive, thinking Chen Feng was just being stubborn. However, after reading the article, Vice Town Mayor Liao's expression did a complete 180-degree turn.
"Holy crap, Chen Feng's mind is too agile! He's the first to utilize such a niche innovation."
It turned out that the scientific article Chen Feng showed Vice Town Mayor Liao was about a young man who had invented a new asphalt material. Traditional asphalt materials used for paving roads were prone to cracking and melting in heat. Adding crayfish shell powder could significantly improve the quality of asphalt. It wouldn't be an exaggeration to say it could last for decades without damage!
Chen Feng's idea was to establish a new asphalt material production line based on the crayfish project. Once this new asphalt product was launched, it would undoubtedly be a bestseller, receiving both acclaim and sales.
"Chen Feng, since crayfish shells are so useful, why bother raising crayfish at all? Just go to restaurants and buy crayfish shells directly."
Vice Town Mayor Liao said excitedly.
"Logically, you could do that. However, the crayfish shells mixed into asphalt are not just any ordinary crayfish shells. It must be shells from clear-water crayfish for the best effect. Turbid water crayfish shells can be used, but their effect is not as good as those from clear-water crayfish. If you want to sell for more money, product quality must be strictly controlled. We raise clear-water crayfish ourselves and can monitor them around the clock, ensuring quality."
Chen Feng explained gradually.
After listening, Vice Town Mayor Liao was impressed by Chen Feng. Without another word, he immediately signed the agreement for the collective land mortgage loan for Wulin Village.
After obtaining the agreement for the Wulin Village collective land mortgage, Chen Feng immediately went to Mingshan Town Agricultural Bank.
"Village Chief Chen, are you kidding me? Your Wulin Village is such a run-down place, and you want to mortgage collective land for five million?"
The bank manager said to Chen Feng with mockery.
Chen Feng wasn't angry at all. The blame, if any, lay with the small position of village chief. If he were a town mayor or county magistrate, the bank manager wouldn't have this attitude. Because of this, he had to work harder to develop Wulin Village and then move out of rural areas to get promoted to Yongming County.
"Bank Manager Meng, how can you be so sure that Wulin Village's collective land cannot be mortgaged for five million?"
Chen Feng retorted unhurriedly.
"Chen Feng, you've driven for Vice Town Mayor Qin, so you should understand a little about financial policies. Let me put it this way, if you want to loan five million, you need at least ten million in collateral. Do you understand what I mean?"
Bank Manager Meng looked at Chen Feng with a smile.
"Wulin Village's collective land is indeed not worth five million, but that's okay, I can add collateral."
Chen Feng continued unhurriedly.
"I'm very curious, besides the collective land which is somewhat valuable, what other collateral does your Wulin Village have that's valuable? Cow dung and pig manure?"
Bank Manager Meng mocked Chen Feng.
"Mingshan Town's fiscal special transfer payments to Wulin Village, meaning that if Wulin Village cannot repay the five million loan, in addition to the land use rights being free for you to use for five years, Mingshan Town's annual special transfer payments to Wulin Village will also be given to you for five years. Is that enough?"
Chen Feng said calmly.
The crayfish project was a technologically innovative and good project, and it was essential to secure the bank loan. Without the bank loan, Wulin Village's crayfish technology project would remain just talk.
"Village Chief Chen, I admire your boldness. You're going all out to borrow money. I'm really curious about what big project you plan to undertake that makes you borrow money so recklessly."
The bank manager asked with interest.
Chen Feng did not hide anything and explained the crayfish technology project to the bank manager in detail. Initially, the bank manager was bewildered, but later, when Chen Feng mentioned that the shells of clear-water crayfish could be used to produce new asphalt products, he was completely won over.
"How about this, I'll go all out and give you our bank's quota for leveraged loans this year."
The bank manager said excitedly, slapping his thigh.
"Leveraged loan quota? What does that mean?"
Chen Feng asked, confused.
"It's similar to margin trading in stocks. For every amount of money you borrow, I will provide double the loan amount. In other words, our bank can lend ten million to your Wulin Village. However, there is a strict requirement: every single transaction must go through Wulin Village's public account."
"Bank Manager Meng, may I ask why you suddenly decided to give Wulin Village a leveraged loan quota?"
Chen Feng asked tentatively.
"Because Wulin Village has an awesome village chief like you! Your crayfish new asphalt product is definitely a hot-selling product, a product that only makes money and never loses. Our bank lacks such high-quality loan projects."
Bank Manager Meng replied excitedly.
"Bank Manager Meng, theoretically, that's the case. However, there is still a significant uncertainty in the crayfish new asphalt product project..."
Chen Feng said with a serious expression.
A leveraged loan of ten million was not a joke. He had to explain every aspect to the bank manager clearly, to avoid endless troubles after the ten million was disbursed.