To everyone's surprise, China's fastest and best domestic alternative is the seed industry.
China's genetically modified seeds have basically replaced imported seeds.
More than 80% of the products are self-produced.
There is still a long way to go before we can completely get rid of import dependence on food.
Originally, China has been promoting rural revitalization. The genetically modified seeds independently developed by China can effectively increase crop yields.
The vast number of farmers who were originally skeptical about genetically modified seeds would basically take the initiative to buy genetically modified seeds for planting when one family's output increased significantly after planting and the purchase price did not drop.
Genetically modified crops have been criticized verbally and verbally for many years in terms of publicity, and various fake news have been used to cover them. For example, developed countries never eat genetically modified crops, but instead dump them to third world countries.
Huaguo Seed Group has been renamed Huaguo Seed Industry Group and is a state-owned enterprise at the same level as Huaguo Grain Group.
They have branches in every prefecture-level city in China, and the branch's responsibility is to go to the countryside to promote genetically modified seeds.
Most of the money Huaguo Seed Industry Group made from futures was invested in this.
The problem of oversupply that was originally expected to occur has maintained a steady growth trend due to some accidents.
At the same time, Huaguo Seed Industry Group has also specially launched seeds that pursue taste and texture rather than yield, using this type of crops to dispel public doubts about genetically modified products.
In just half a year, Huaguo Seed Group has conquered the field of genetically modified seeds, with product lines ranging from low-end to high-end.
Transnational seed industry giants have been beaten steadily in the international market, even to the extent that they need to rely on trade protection barriers.
Western countries such as the European Union and Amerikan collectively announced increases in tariffs on genetically modified seeds imported from China to protect their own seed industries. Only the standards for raising tax rates are different.
This made people in the industry in China scream magic. Who would have dared to believe that China’s seeds could be imported abroad on a large scale a year ago? Monsanto was defeated step by step.
In China’s domestic public opinion circle, public opinion propaganda on the safety of genetically modified food in China is endless. All kinds of stories that I have heard, my friends, and my relatives are flooding social media.
I just didn’t see the video or medical examination report as evidence.
The double-standard practices of some big V’s have been exposed and slapped in the face. The Weibo screenshots that advocated genetically modified foods a few years ago are still there, but in the past six months, they have been promoting the disadvantages of genetically modified products.
It is a pity that the voice of public opinion cannot overwhelm the actual experience of consumers.
Chen Jingrui has had a great year, and this pleasure is not brought about by promotion.
Huaguo Seed Group was originally a second-level central enterprise, but now it has become a first-level central enterprise. He is equivalent to changing from a second-level central enterprise to the vice president of a first-level central enterprise.
To achieve such a leap at the end of his career is somewhat life-changing.
The original Huaguo Seed Group was a silent company, and its original parent company controlled Syngenta. It was difficult to climb up in a company with no presence like this.
Although he was in the limelight, Chen Jingrui didn't feel much about it. On the contrary, his wife was far more happy about the promotion than he was.
What makes Chen Jingrui happy is watching Huaguo Seed Group change its name and then become a first-level state-owned enterprise with more business.
He has worked in Huaguo Seed Group for nearly twenty years. Although he is not established here, his qualifications in this company are definitely among the best.
Huaguo Seed Group was established in 1978.
What makes Chen Jingrui sigh is that the products of Huaguo Seed Group have a good reputation among farmers in rural areas.
It has effectively helped farmers increase their income and improve their lives.
Huaguo Seed Industry Group has greater influence and better reputation. In the past, I had no sense of presence, but now I have quite a sense of presence in many fields.
Let’s not talk about the seed industry. This year was originally a year of rapid development for China’s seed industry, but the A-share seed industry stocks have been falling.
Because their market share is occupied by Huaguo Seed Industry Group.
So much so that investors who hold these stocks are wailing every day in the stock bar, asking why Huaguo Seed Industry Group doesn’t acquire these companies. It would be great if such excellent state-owned assets could be listed on the backdoor market, allowing the majority of shareholders to participate in the development of high-quality state-owned enterprises.
It is a pity that Huaguo Seed Industry Group is not short of money, and a lot of information does not want to and cannot be released to the outside world.
For example, their research institute nominally belongs to Huaguo Seed Industry Group, but is actually under the management of the Ministry of Rural Affairs.
In the field of futures trading, the futures trading company affiliated to Huaguo Seed Industry Group is also very famous. It has made frequent moves in the international and domestic futures trading markets, and most of them have made huge gains.
As a result, false news often spreads in the futures market, saying that Huaguo Seed Industry Group has developed some new genetically modified seeds that can increase the yield of a certain crop by 100%.
The short side took the opportunity to short sell aggressively. As a result, everyone is particularly cautious in this year's agricultural product futures trading market, fearing sudden bad news in the middle of the night.
"Mr. Chen, I would like to ask what your thoughts are on the in-depth cooperation plan between Syngenta and Huaguo Seed Industry Group? If Syngenta's profits continue to decline, it will be difficult to support such a large research team."
"We will become a pure solutions player."
Syngenta's CEO was stuck for time and made a call to Chen Jingrui at 9 a.m. China time.
Syngenta, like Huaguo Seed Group, was originally a subsidiary of Huaguo Import and Export Chemical Company.
Among them, the acquisition of Syngenta cost nearly 50 billion yuan, and Huaguo also promised not to interfere with Syngenta's operations.
According to industry insiders, this is equivalent to providing Syngenta shareholders with an interest-free loan of up to 50 billion yuan, or even a negative interest rate loan.
As for why, it can only be understood but cannot be expressed in words.
Syngenta's life has been difficult in the past few years since the acquisition, but Huaguo Chemical Union originally gave them some short-term loans to help Syngenta survive.
Data shows that from 2018 to 2020, Syngenta Group's uncompensated losses were losses of 13.153 billion yuan, 15.683 billion yuan, and 8.265 billion yuan respectively.
Huge losses every year.
2022 will be particularly sad because Huaguo Seed Industry Group has occupied most of Syngenta's market share.
Mike requested Huaguo Seed Industry Group to participate in the daily operations of Syngenta, saying that Huaguo could assign a vice president level.
It is also hoped that Huaguo Seed Industry Group can share research materials, or hand over some of the seed industry group's genetically modified seed cultivation work to Syngenta.
This can also avoid Europa Union-related taxes.
Syngenta is headquartered in Switzerland.
Chen Jingrui pondered on the other end of the phone and then said: "This matter will be discussed by the company's board of directors recently. The specific results will be discussed with you after we finish the discussion."
There was a special translator on the other end of the phone who translated Chen Jingrui's words to Mike simultaneously.
Chen Jingrui feels relieved that you just ignored it before, but now you want us to participate in Syngenta's daily operations and we have to consider it.
