Chapter 2616

The prices of many large-scale complete sets of chemical equipment are counted in the hundreds of millions. If they could get one such order, it might be enough for Hujiang Machinery Factory to be full for a year. And now the domestic demand for equipment in this area is quite large. If it weren't for this, they wouldn't have failed to get a single order.

As long as they take one or two such orders, let the factory move, and then invest the earned profits into technical research and development, only then can a virtuous cycle be formed, which is the sustainable path of development.

Entering a joint venture with a foreign company can solve the urgent need, but this path is not a long-term solution and has no benefit to the factory's future development.

Without the ability for independent innovation in core technology, one can only eat dust behind others for a lifetime.

Moreover, entering a joint venture with a foreign company has another drawback, which is that they all require at least fifty percent or more layoffs, especially for management personnel in many positions and technical personnel in key positions, all requiring people to be transferred from their companies. This will cause many problems.

If Hujiang Machinery Factory lays off more than fifty percent of its staff, it would mean laying off seven or eight thousand people, and the Japanese side would not give any compensation. This would naturally cause great turmoil.

And those technical personnel in key positions are all transferred from abroad, their salaries are much higher than domestic technical personnel, and they certainly cannot teach technology to domestic technical personnel. In this way, domestic technical personnel cannot grow at all. Such cooperation increases labor costs and doesn't learn technology, what is the use?

It can be said that cooperating with foreign companies under such conditions is a short-sighted act of drinking poison to quench thirst. Its disadvantages far outweigh its advantages. Anyone with a little insight knows that doing so is inappropriate.