novelTele Chapter 75 Repeatedly Jumping Around
Chapter 75 Repeatedly Jumping Around
Shen Yuxin looked up at Lin Chuan and said, "I estimate it will be difficult to reach a consensus. Our country is importing foreign waste, and the amount is increasing every year. It only costs less than $70 per ton, including freight, to transport the waste here."
As early as the 80s, China began importing solid waste that could be used as raw materials from abroad to alleviate the shortage of industrial raw materials.
However, Lin Chuan knew that in his previous life, the import of foreign waste was banned in 2017, and it wasn't until 2021 that the import of foreign waste in any way was completely banned.
The cost of waste disposal in Europe and America is between $400 and $1000, while it only costs around $70 when exported to China. It is obvious which is more cost-effective.
Lin Chuan quoted $220, but Europeans and Americans definitely wouldn't agree. They could just export their garbage to China, where the cost would be several levels lower. Why would they use your proposal?
Upon hearing Shen Yuxin's words, Lin Chuan suddenly said, "Your mention of importing foreign waste has reminded me of something."
"What's wrong?"
Lin Chuan smiled and said, "I believe that in a few years the country will introduce new regulations to completely ban the import of foreign garbage. At that time, Europeans and Americans will have to come to us obediently. We don't need to rush. We can just wait. Anyway, we have the huge domestic market to support us. We can afford to wait."
China is now the world's largest industrial country and no longer needs to rely on importing foreign waste to alleviate the shortage of industrial raw materials.
If new regulations are introduced to ban the import of foreign waste, Europeans and Americans will lose a key bargaining chip when negotiating with DeepBlue Technology.
They either accept the plastic-eating bacteria program, ship their waste to other countries, or pay the high costs of domestic processing themselves.
However, other countries have limited processing capacity and cannot handle much of it.
This raises another question: how can Westerners continue to play the environmental card when they are constantly emphasizing it?
Given their own waste processing costs, compared to DeepBlue Technology's price of $220, their competitiveness becomes apparent.
Therefore, the national policy of banning the import of foreign waste is the key to DeepBlue Technology's access to the international market.
……
News of several large environmental protection companies from Europe visiting DeepBlue Technology for research and investigation spread quickly, which was interpreted by the capital market as a major positive development, suggesting that DeepBlue Technology may be about to open up the international market.
Today, the company's stock price halted its five-day winning streak, rising sharply before falling back during the trading session.
This news has given DeepBlue Technology's second major upward trend a boost.
As expected, the next day when the market opened, DeepBlue Technology rebounded strongly and hit the daily limit, reaching a new high.
While the company's stock price has soared, several environmental protection companies in Europe have been engaging in multiple negotiations with DeepBlue Technology in recent days.
The result was still no effective consensus, and both meetings ended in discord.
The company's stock price also fluctuated wildly as a result.
On Friday morning, June 8, news broke for the first time that negotiations had stalled. DeepBlue Technology's stock price peaked at 18.26 yuan before falling back, and then hit the daily limit down in the afternoon.
After the weekend, it was Monday, June 11th.
On the day of the opening, DeepBlue Technology opened sharply lower and fell by more than 6.37% at one point during the day, with the stock price falling below 15 yuan.
However, during the midday market break, sources claimed that the Europeans held another meeting with DeepBlue Technology.
When the shareholders saw that they had been shaken out, they quickly admitted their mistake and bought back in.
So when the market opened at 13 p.m., DeepBlue Technology was snapped up, and its stock price surged straight up to the daily limit, where it remained until the close.
But then, more news broke that evening.
The talks broke down again, and the Europeans have already left Xin'an.
As soon as the news broke, investors exclaimed, "Holy crap, the negotiations have fallen apart! Run, run!"
As a result, the next day when the stock market opened, DeepBlue Technology opened lower and continued to fall, directly hitting the daily limit down by short-term funds.
In just a few days, the stock price fluctuated wildly, hitting both the daily limit up and the daily limit down.
……
The following day, Thursday, June 13.
Lin Chuan arrived at the company and had just entered his office when Shen Yuxin came over.
"Senior, there was some news around 7 a.m.," Shen Yuxin said to Lin Chuan. "The European Green Source Environmental Group announced a collaboration with an Israeli biotechnology company to develop an enzyme-based plastic degradation technology."
Shen Yuxin immediately handed the printed press release to Lin Chuan.
"Take a look."
News reports were filled with words like "revolutionary," "breakthrough," and "disruptive."
However, there are no specific technical parameters or timelines.
Shen Yuxin couldn't help but say, "Are they trying to find a way out for themselves, and also putting pressure on us indirectly?"
Lin Chuan glanced at it briefly, then calmly tossed it aside.
"Stay calm, ignore it."
However, the capital market was not as calm as Lin Chuan. After Shenlan Technology opened lower and hit the daily limit down yesterday, the stock price was directly driven down to the second daily limit down today because of this news. Moreover, it was a one-word limit down.
The company's stock price plummeted to 14.09 yuan, and its market capitalization dropped by 891.75 billion yuan.
Clearly, investors at present lack confidence, believing that as long as foreign companies exert their influence, domestic companies will be doomed.
But in reality, it's just an excuse for the decline.
DeepBlue Technology's stock price has indeed risen too sharply in the short term, resulting in substantial profits. Those who made money wanted to cash out, leading to heavy selling pressure.
Even the best-performing stocks can't keep rising forever, especially since the A-shares market is currently in a bear market.
Lin Chuan did not pay attention to the company's stock price fluctuations.
We can definitely make money from foreigners. When we can open up the international market depends on when the country introduces new regulations to ban the import of foreign waste.
Once this new regulation is implemented, the developed countries in the US and the West will absolutely not be able to withstand it.
Lin Chuan had a very clear understanding of this point based on his memories from his previous life.
When the ban was first announced, those developed countries in Europe and America will definitely try to ship their garbage to other countries.
They did the same thing in their previous life. With the new regulations banning foreign waste, they started shipping waste paper, waste plastic, and other garbage to Southeast Asia.
But before long, those Southeast Asian countries couldn't hold out either.
Southeast Asian countries' waste disposal capacity is no match for China's, and the gap in industrial capacity is obvious.
After China banned the import of foreign waste in 2017, Southeast Asian countries followed suit in 2018, unable to resist the trend any longer.
Malaysia returned plastic waste from seven countries, including the US, Japan, Canada, and Australia, while the Philippines went so far as to charter a ship at its own expense to send back six years' worth of waste smuggled in from Canada in one go.
As soon as the country issues a ban, within a year, those developed Western countries will inevitably come knocking on our door again.
Waste disposal has always been a major problem in every country.
DeepBlue Technology's plastic-absorbing microbial community technology can solve white pollution, while the waste-to-energy incineration technology, which has not yet been implemented, is not only environmentally friendly but can also turn waste into treasure.
Not to mention, there's an advanced version of the plastic-eating bacteria that can be converted into petroleum. Once this technology is unlocked, Europeans and Americans will be lining up to ask for cooperation.
Regarding the international market, Lin Chuan is not in a hurry at all; he's just waiting patiently for the government to take action.
Once the new regulations are implemented, DeepBlue Technology will be able to generate billions of yuan in revenue annually just from its phagocytic microbial community business.
Nearly 3 million tons of plastic are produced globally each year, generating more than 5000 million tons of plastic waste annually.
If calculated at a processing price of $200 per ton, it could theoretically generate $100 billion in revenue, which is equivalent to more than 630 billion yuan.
Of course, in reality, it is impossible to use DeepBlue Technology's plastic-eating bacteria solution to handle all 5000 million tons of plastic waste generated each year.
Unless the advanced version of the plasminogen lysate technology is unlocked and applied.
But no matter how conservative the estimate, even without advanced technology, in three to five years, this business alone will still be enough to make a fortune.
……