Jiang Yan's position and vision are higher than Dong Wenxu's, and he has an accurate estimate of his abilities and the effects he can achieve.

However, there were many things that could not be revealed to Dong Wenxu. Jiang Yan could only make Dong Wenxu do what he asked for through orders and some persuasion.

Jiang Yan can also force someone hard, but he doesn't like doing it this way.

“Do you know the amount of soybeans our country imports every year?”

Dong Wenxu said bluntly: "A lot, tens of millions of tons."

He is a researcher in agricultural genetic modification and has only a superficial understanding of the industry.

Jiang Yan replied: "We imported 1033 tons of soybeans last year and are highly dependent on imports. In fact, our local soybean planting area is not low. Last year, the planting area reached 148 million acres."

“But why is the soybean industry so dependent on imports?”

Dong's preface is very clear. This issue is discussed at basically every agricultural research industry conference, and he is more or less aware of it:

"Compared with America or South American countries, China's soybean yield per acre is too small and the cost of planting is too high."

Jiang Yan continued: "Yes, but even though our soybean yield per mu is low and the cost is high, we still have to produce it independently. Why do you think it is?"

Domestic subsidies for soybean planting are relatively high. Starting from 2016, the subsidy for corn is 100 yuan per mu, while the subsidy for soybeans is 200 yuan per mu.

Dong Wenxu: "To prevent us from getting stuck when the supply is cut off."

Many industries in China are subject to overseas shackles.

There has been a lot of talk about semiconductors in recent years.

If semiconductors are blocked, it will actually be okay, at least it will not affect the normal operation of society.

But food is heavily dependent on imports, and being blocked would be a big problem.

Soybeans are imported into China, and soy products such as tofu are only used for a small purpose. The biggest uses are still two: oil extraction and breeding.

The crude protein content of soybean meal remaining after soybean oil extraction exceeds 40%, making it an excellent feed ingredient.

Jiang Yan continued to ask: "Can the current domestic soybean production rate of less than 20% guarantee that it will not get stuck?"

The rise caused by material shortages will not be, for example, if the quantity of rice is 5% less than what we need, the price of rice will rise by 5%.

This is not the case, but the rice is 5% less than the demand, and the price will rise to the point where 5% of the people cannot afford rice.

Not to mention the dependence on soybeans, which is as high as 80%. The supply of soybeans is cut off and no one can afford pork.

Dong Wenxu shook his head: "No."

Jiang Yan: "So the work we do is of great significance, and this is also the most important task for me to work here in the short term."

"To cultivate soybean seeds that are suitable for the soil environment in Northeast China, we can use a combination of genetic modification and hybridization technology to cultivate them."

"A good job will benefit the present and future generations!"

Dong Wenxu has been engaged in scientific research and lacks social experience, but he is not stupid, especially in the digital age, information interaction is very fast.

He didn't know Jiang Yan's identity, but he felt that Jiang Yan was drawing a cake, and he painted the cake so noblely:

"Okay, I'll sequence the genes of these soybean cells first, and then study the differences in their traits."

"But I still want to ask something." Dong Wenxu stood up and walked out, then turned back and asked.

Jiang Yan raised his head: "Just tell me."

Dong Wenxu asked:

"Teacher Jiang, how can you ensure that the genetically modified soybean seeds we cultivate through genetic modification and hybridization can be approved for sale?"

"You must know that the genetically modified soybean seeds developed by Beinong Technology two years ago have been approved for sale in a South American country. That seed variety has not yet been approved in our country."

"The soybean seed R&D team includes my college classmates, so I know better."

"I'm afraid your energy is not greater than that of Beinong Group, right?"

There has been a lot of discussion about genetic modification in China, and it has become a metaphysical issue instead of a scientific issue.

Some people believe that if someone eats a genetically modified person, their genes will be transformed accordingly.

Jiang Yan smiled, you kid underestimated me: "Just wait and see tomorrow's news."

The next day, Dong Wenxu received a link from Jiang Yan while having lunch at the Agricultural Research Institute:

“Publicization of standards for approval of genetically modified varieties and further advancement of commercialization of genetically modified seeds”

Take another look at the text:

"**According to the official website of the Ministry of Agriculture, on December 12, the Ministry of Agriculture announced a notice from the Office of the National Crop Variety Approval Committee on the public solicitation of opinions on the national genetically modified soybean and corn variety approval standards (draft for comments).

It is planned to be released and implemented after the revision of the "Measures for the Approval of Major Crop Varieties" is completed. The deadline for feedback is December 20, 2021."

Dong Wenxu realized that Jiang Yan might be a great boss, "Is there any agricultural boss in China named Jiang?"

"With the energy of the other party, I don't know if he participated in the drafting of this draft, or if he got the news in advance."

Dong Wenxu guessed wrong. This draft was promoted under the direct instruction of Jiang Yan, who was the decision-maker.

"But no matter what, he is the boss. Since the other party is the boss, then he should hug the boss tightly."

The most important thing in the domestic capital market is not technology or fundamental analysis, but the news. Your ability to get news in advance is the best ability.

As for the energy of ministries and commissions, those who are interested can learn about the ins and outs of China's new energy industry.

...

The headquarters of Kechuang Biotech in Suzhou, since Kechuang Biotech was listed on the market, it has a huge cash flow, more than 40 billion RMB on its books, and its market value has exceeded one trillion.

Kechuang Biotechnology has become a major holding of major funds in China, especially large public funds prefer to hold shares in Kechuang Biotechnology.

Because Kechuang Biotechnology is a large-cap stock with a market value exceeding one trillion, the return rate of private equity allocation will not be too high and cannot be raised by one institution.

The profit requirements of public equity are not as high as those of private equity, so they prefer holdings with a deep enough moat, beautiful financial reports, and preferably a certain degree of technical content. Kechuang Biotech almost perfectly meets the needs of public funds.

Why have major public funds been so keen on holding positions in companies such as Moutai, CATL, and Tongce Medical in recent years?

Like Moutai, its unique fermentation tank, soil, geographical environment and microbiome, coupled with its unique reputation, are its deepest moat.

(To be honest, among Mao Wulu, I personally think Maotai tastes the best, but it’s not due to psychological effects.)

Moreover, Moutai's profits are high enough, so public funds, including foreign capital, have built a large number of positions.

The moat of Kechuang Biotechnology lies in the monopoly nature of its technology and its equally high profits.
Chapter completed!