I work as a mercenary in northern Myanmar.

Chapter 623 Transformation
After the issue in Wa State was resolved, Chen Chen rushed to Myitkyina without stopping.

The injury on his chest had not fully healed yet, but he couldn't stop, so Pingchuan specially formed a medical team to serve him.

According to him, this is a preparation for the Dongfeng Corps' own medical team in the future and is also a means of cultivating talents.

But if that’s the case, wouldn’t Chen Chen himself become a guinea pig?

Fortunately, with Pingchuan in charge, the team was generally professional and Chen Chen's actions were not affected.

After arriving in Myitkyina, he first met with several people according to the original plan, including He Bangxiong and Peng Deren who were active in Myitkyina, as well as some representatives of the local civil service system.

These people have already heard about the results of Wa State, and whether they are worried or expectant, they are always eager to get an answer from Chen Chen.

And Chen Chen gave them this answer:

Kachin is not Wa State. The bosses have other arrangements for Kachin.

At least in the short term, the route here won't change much.

When this answer was given, some people were disappointed, while others were greatly relieved.

But overall, the situation in Kachin, which had been slightly turbulent due to the Wa State Incident, has stabilized again, and Chen Chen finally has time to check out the progress of ORSIS.

Ever since Yegor arrived in Myitkyina, his work has been as urgent as Chen Chen's.

Import equipment, mobilize manpower, purchase raw materials, set up a research and development team and build a laboratory.
The difficulty of making a gun is more complicated than Chen Chen expected, but fortunately, Dongfeng Group has nothing else but its wealth.

All difficult problems can be solved directly with huge amounts of money.

It is based on this allocation of resources that the construction progress of the Myitkyina Arsenal is quite amazing.

It had long since moved out of the hidden, dim basement and stood openly on a large piece of newly developed flat land.

With the help of traditional skills from some engineering teams in the north, most of the factory buildings have been built. The next most important thing is to install and debug the equipment.

Chen Chen and Yegor stood side by side outside the construction site where the machines were roaring for a while. Yegor said to Chen Chen with emotion:
"Your team is the most efficient team I have ever seen. My choice was indeed the right one."

"Here, there are no complicated approvals, no funding restrictions, and no external interference."

"I don't even need to consider international law, sanctions, or arms trade rules, because there are no rules here."

“It’s absolutely the perfect environment for a company like ours.”

"It's impossible to find a second environment like this in the entire world."

Yegor's words were not a compliment. In fact, if the restrictions he mentioned were broken down, they were not difficult to achieve.

The reason they chose to open their first base in Peshawar was precisely because of these restrictions.

However, the advantages that Peshawar can provide are limited after all. The simplest one is that Pakistan cannot provide them with unreserved protection. When they carry out research and development and production, they will inevitably be subject to "international" pressure.

This alone will reduce their work efficiency by at least 20%.

In contrast, Pubei does not face such pressure.

If there is any difficulty, the biggest one is that if they want to obtain more advanced technology and equipment, they must inevitably receive review from their partners.

However, this difficulty can be circumvented by certain means - that is why they want to retain the ORSIS company entity in Pakistan.

Through that one company, they can get everything they need.

At this point, the Myitkyina Arsenal has been upgraded to its complete form.

What followed was an unstoppable charge.

Of course, the premise of all this is Dongfeng Group's continuous transfusion and continuous capital investment.

So, how long can they last?

Thinking of this, Yegor couldn't help feeling a little worried.

Before Chen Chen could speak, he spoke first:

"We expect to be able to complete the manufacture of the first batch of prototypes within four months, but to do this, we will need at least $4 million in funding."

“What I want to confirm is whether you can continue to invest in this project and whether you can ensure the stability of your investment.”

"After all, once the capital chain is broken, or there is a problem with the timeliness of the funds being in place, the pace of the project will be greatly affected."

"It won't be a matter of 'slowing down'. Once the chain of the entire project is broken, the gun may never be built."

Hearing Yegor's words, Chen Chen nodded slightly and replied:

"I know."

"But you don't need to worry about this problem."

"For some time to come, this project will be a key project within Dongfeng Group and its priority will be maintained at the highest level."

"You are not short of money. All you need to consider is how to spend the money in the most efficient way."

"You know, since you joined Dongfeng Group, I have not conducted any unnecessary supervision on you at any level."

"Our cooperation is based on mutual trust, and I hope this mutual trust will bring good results."

"But if the project eventually goes wrong, you will still be the one who bears the biggest responsibility."

“And once we start pursuing accountability, the means are not going to be gentle.”

There was a hint of threat in Chen Chen's words, but Yegor didn't seem to be disgusted by such a threat.

He just smiled calmly and said:

"That's what I admire most about you - you'll tell us about the bad consequences in advance."

"Honestly, this doesn't seem like something you northerners would do, does it?"

"I heard that people in the north like to beat around the bush in both interpersonal communication and business cooperation."

"That's just a stereotype."

Chen Chen waved his hand to interrupt Yegor and explained:

"Maybe it was like this at one time, but now, it has changed."

“The binding force of unspoken rules is weakening, not to mention in places like Pubei.”

"Well, there is no need to discuss this issue any further."

"I have already given you everything you need, including the design direction."

"I just hope that in four months, you can show me a satisfactory result."

"Absolutely."

Yegor nodded solemnly:

"With such abundant resources, if I still can't provide what you want, there is no need for me to stay in this industry."

"Just wait and see, our products will definitely create a new era"

The second half of Yegor's sentence was drowned out by the roar of the propeller. At this moment, a helicopter slowly descended from the sky, and workers carried out a huge sealed box from the cabin.

Chen Chen knew that the sealed box contained the most important metal material for the new gun.

Dozens of hours ago, this batch of materials was lying in a temporary transfer warehouse at a base in a Middle Eastern country, but now, it has appeared in a place where it definitely should not be.

In order to get him, Yegor paid more than four hundred times the cost of the materials, but it was definitely worth it.

Because the premium is not only to buy the materials themselves, more importantly, it can ensure that the "warehouse theft" incident does not appear in the headlines of the next day's news. Thinking of this, Chen Chen couldn't help but smile.

He turned to Yegor and answered briefly:
"Okay, let's wait and see."

After finishing the "inspection work" at the arsenal, Chen Chen's trip to Myitkyina was not over yet.

Peng Xucheng's flight back from Peshawar happened to land today, and he did not stop at all. After learning that Chen Chen was in Myitkyina, he immediately took a small plane from Bangkok to Myitkyina and met him in Chen Chen's office before dinner time.

Without any greetings, or even a word of concern about Chen Chen's injury, the first thing he said was to get straight to the point.

"The situation in Peshawar is more optimistic than we thought. Pakistan's arms import ban has not been strengthened as quickly as we expected in the short term, and there are even signs of loosening."

"This is probably related to the situation in the Middle East. The Pakistani government seems to be intent on turning Peshawar into a complete weapons distribution center to provide logistical support for the entire Middle East region."

“That said, the market in Peshawar is expanding.”

"After this, Peshawar's influence will no longer be limited to Pakistan, but will continue to expand westwards, and may even establish cooperative relations with Iran and Iraq."

"Such changes will inevitably have a major impact on the world's arms market. If we want to enter the market, now is the best time."

"Peshawar will become a free port without sea. By occupying it, we can occupy the entire Middle East and Africa."

"I need money, lots of it."

"The first round of investment must reach at least US$10 billion. We"

“There’s not that much money.”

Before Peng Xucheng could finish his words, Chen Chen interrupted him with a wave of his hand.

"You are the God of Wealth. You know the financial situation of the company very well."

"We currently have less than $4 million in liquid funds on our books. Although our assets are large, most of them cannot be converted into cash immediately."

"Including Syria, where the revenue cycle is at least three years, if not ten years."

"You want me to pay $10 billion, where am I going to get it from?"

Looking at Chen Chen's helpless expression, Peng Xucheng took a deep breath, paused for a moment, and then threw out the answer he had prepared long ago.

“It’s time to think about transformation.”

"The early wild growth period has passed. Our large-scale group can no longer rely solely on the war contracts of the Dongfeng Corps to seek development."

“What we need is a healthier way of doing business and a safer business model.”

"The mission of the Dongfeng Corps must be downgraded. Only in this way can we get enough cash flow."

“Far water cannot quench near thirst.”

Chen Chen interrupted Peng Xucheng again and said:

"I understand what you mean. This is also the direction of the Dongfeng Corps' subsequent transformation."

"But now, you need a full billion dollars."

"Even if we announced our transformation on the spot and started taking on international security contracts, the question is, how many contracts would it take to make up the $6 million difference? How many clients are willing to work with us at this point in time?"

"After all, all our previous reputation was gained in real wars."

"We are good at fighting Yankee special forces, but we are not necessarily good at fighting a killer with a pistol in his crotch on a motorcycle."

“This is still a technical issue, not a business issue.”

"I don't care about technical issues."

Peng Xucheng also interrupted Chen Chen and said:

"As for the technical problems, I believe you will find a way."

"I have solutions to business problems."

"Yes, it is unlikely that we will be able to obtain sufficient contracts in a short period of time to make up the difference with the deposits from these contracts."

“But we will definitely be able to get these contracts in the end.”

“So what we have to do is very simple, sell out the financing.”

"We are raising funds from all investors with the contract revenue rights for the next five years as the target."

"This will not affect our equity structure and will also allow us to obtain sufficient funds in advance."

"Most importantly, we can avoid the review of most financial institutions, especially banks, and are more operational."

"That's the problem."

Chen Chen raised his hand to stop Peng Xucheng who was about to continue speaking, and then asked:

"Sell-out transactions only exist within the realm of the law because they must be based on a contract."

"What about us? How can we ensure that the three-party transaction goes smoothly? How can we ensure that the investors can get their money in the end?"

"Aren't they worried that when the time comes to collect the money, we will turn our backs on them?"

"After all, we are not an ordinary company. If we don't admit our debt, they really can't do anything about it."

"So we have to sell it to a stronger one."

Peng Xucheng seemed to have anticipated Chen Chen's question, so he explained:
“There are only a few options in the entire market that can take over our sell-off contract.”

“Even fewer people are willing to eat.”

"The north is unwilling to participate, and we cannot allow the Americans and Russians to participate, but the Syrian and Pakistani governments can."

"They need long-term benefits, can break the rules, and have the ability to constrain us."

"They are the perfect partner. If we can promise an annualized interest rate of more than 30%, I guarantee they will beg us to sign a contract."

"I have already talked to the Pakistani officials, and their intention is very clear."

"How about it, do you do it?"

After Peng Xucheng finished speaking, Chen Chen couldn't help but take a breath.

He always thought that it was impossible to find any "radical" potential in a non-combatant like Peng Xucheng.

But now it seems that even in the business world, he is much crazier than many people.

With an annualized interest rate of 30%, this means that Dongfeng Corps’ new business must generate at least five times the profit within three years to barely cover the financing costs.

Is this kind of business possible?
If it were any other industry, it would be absolutely impossible.

But the weapons.
Peshawar again.

A Peshawar that targets the entire turbulent Middle East in the future.

completely fine.

"That's it."

Chen Chen made a decisive decision and then said:
"This will be the first step in Dongfeng Group's transformation, and transformation is never without risk."

"But I hope that our adventure will be worth it!"

(End of this chapter)