Reborn Entrepreneurial Giant.

Chapter 182 Inventory

私募股权投资周期一般3~5年，时间长的甚至可以有10年，曲黎陷入湘江投资的资金最初是通过抵押贷款得到的1.5亿美元，做多国际原油时赚到6亿美元总共7.5亿。

Among them, 6000 million bought crude oil short options and transferred them to the Vision Fund. Another 6.9 million was invested in Xiangjiang Company in Xiangjiang, and 5 million Soft Girl coins were invested in domestic companies. Due to compliance issues, these funds cannot be withdrawn in the short term. Not coming out unless the share is transferred to someone else.

So how much money does Qu Li still have? He has $5000 in short options on the three major stock indexes and US stocks, $6000 million in short options on crude oil, $3.5 million in Japanese yen and euro deposits, and $1.5 million in loans.Sun Jianhe purchased 5700 million shares of Spreadtrum Communications for US$1500 million, invested US$1000 million in Riot Games, and US$2 million in leveraged shorting of US stocks (Lehman Brothers, etc.).

国内30.5亿软妹币，6月份比亚迪定增5000万股锁定了18个月，用了4.4亿，8月份股价下跌时通过大宗交易在8港元的价格买了5000万股，耗资4亿港元软妹币3.5亿软妹币但没有锁定期。收购聚美股票用了11.7亿，算上利息收入还剩6亿。

At the end of the day, Vision Vision had a total of $5.5 in cash plus $1.5 million in debt, about 6 million U.S. dollars in soft currency, plus $6000 million in short options on international crude oil, and $5000 in short positions on the three major stock indexes, Fannie and Freddie, AIG, and Citigroup. options.Other assets include about 1% of Facebook, 15% of Twitter, 35% of Riot Games, Youku with an investment of US$150 million, and 15% of Xiangcai Securities.

"Should we acquire Xiangcai Securities?"

"I have already acquired 20% of the shares of Xiangcai Securities, and the price is 6.5 million." Sun Jianhe reported to Qu Li that although there was obstruction from Huxiang's top management, he could not stop the panic caused by the financial crisis and still lacked money. There is always someone willing to cash out. "If the Huxiang government is ignored, we can increase our shareholding ratio to 60%."

"Don't irritate them. After all, we need long-term cooperation." Qu Li interrupted Sun Jianhe. In the past few years, the court was short of money. Super rich people like Li Bancheng could dictate matters in the country, and multi-millionaires could roam around the city. The current situation Reversal, the corrupt official in the cell with tens of millions of assets is considered poor.

"A securities company is a large financial operation platform." Sun Jianhe seemed to have heard that Qu Li did not want to acquire Xiangcai Securities.

"I~~" Qu Li wants to find a partner, but he is an Internet high-tech person, and Honor Jumei is not really successful yet. If he changes his career to finance at this time, what will others think?Hunan Province's obstruction of Qu Li's acquisition of Xiangcai Securities may not be due to concerns about his ability and energy.

"What's the purpose of acquiring Xiangcai?" Qu Li had previously intended to acquire Xiangcai, partly because of Zhang Yiwen's consideration, and also because of Jupay's future needs.Now something happened to Zhang Yiwen, and it was difficult for him to grasp it, so things naturally became complicated.

"Forget it, let's continue with the acquisition, but after the acquisition, we must insist on digital transformation and wealth management. I will help then..." Qu Li thought that Jumei's third-party sellers now have supply chain finance needs.

"Then we can only wait until Lehman's matter comes to an end..."

"Then just wait, we still have a lot to do, and Spreadtrum is also very important."

"The price charged by Texas Instruments is too high..."

"Then just wait, Lehman goes bankrupt or is acquired, AIG, Citigroup, Fannie and Freddie, and General Motors, there will always be a result..." Qu Li thought, very convinced of this: "Power batteries and nickel-cobalt Does Lithium have any ideas?”

"Power batteries are more difficult. Nickel ores are mainly divided into nickel sulfide and laterite nickel. Nickel sulfide ore is high-cost and is mainly distributed in South Africa, Canada and Russia; laterite nickel ore is mainly distributed in Indonesia, Australia and the Philippines..."

"Cobalt mines are mainly distributed in Congo, and 73% of lithium resources are distributed in North and South America. In terms of countries, they mainly include Bolivia, Chile and Argentina, the United States, Australia and China..."

"There is no leading company in nickel mines. There is a company called Huayou Cobalt in Zhejiang Province, there is Ganfeng Lithium in lithium mines, and there is a lithium mining company in Australia called Talison that has acquired the world's largest Greenbushes lithium concentrate..."

"We are now investing in Huayou Cobalt and Ganfeng Lithium to support their development, and will cooperate with them after establishing power battery companies to ensure supply..."

"I think even if the pure electric vehicle industry can develop, it will take more than ten years. There is no need for us to start the layout so early..." Sun Jianhe felt that it was too much for Quli to lay out the entire industry chain at this time. In line with investment logic.

"This is the difference in our thinking. You think in terms of finance and I think in industry. Assuming that pure electric vehicles can replace fossil fuel vehicles, is nickel, cobalt and lithium considered a new era of petroleum resources? Does it have strategic value? We are investing now , it failed in the end, how much was the loss, and once it succeeded and the bet was won, what was the gain?" Qu Li was not angry either.

"I understand, and I will strictly implement it." Sun Jianhe took a deep breath. Is this the overall pattern of entrepreneurs?

"The nickel ore industry still needs to find a partner. The cost of developing laterite resources in Indonesia is the lowest; for lithium ores, Australia has a better market environment..."

"Australia?" Qu Li remembered that he invested in FMG, the world's fourth largest iron ore company, last year. He bought more than one yuan per dollar, which rose to more than 11 yuan last month. If he hadn't been worried about the depreciation of the Australian dollar, he would have really wanted to go short.Crude oil prices have collapsed, how can iron ore maintain high prices?

Of course, this is important. As a member of the Five Eyes Alliance, Australia has learned from Lafayette’s specialty: measuring Australia’s material resources and winning the favor of the United States. There will be no small conflicts in the future.Therefore, if you can transport some resources from Australia back to China, try to transport as much as possible.Capital in Australia can flow freely, and it is enough to run away half a year in advance.

"Well, I also discovered one thing. There is a university in China that can become the Huangpu Military Academy of the lithium battery industry. The core teams of a large number of battery companies come from this university."

"Tsinghua University or Peking University?"

"No, it's Central South University in Hunan Province. BYD's Mr. Wang graduated from this university, and Professor Ouyang Gao, the director of the National New Energy Vehicle Task Force..."

"So what battery companies are there in Hunan Province?"

"...it seems like there really isn't..."

Is Hunan Province unable to retain talents, or does it not have an environment for business growth?

If you want to make money, investing in CATL is the best choice. For example, Pei Hua of Ningbo Lianchuang, their largest shareholder, met Li Hua, who worked at CATL, when he was studying at China Europe Business School in 2014.

Due to national policy restrictions, CATL will change from foreign investment to domestic investment, so Pei Hua has the opportunity to take over the 8900% share transferred by ATL for 15 million yuan.A few years later, CATL's market value exceeded one trillion yuan when it was listed, and his shareholding ratio dropped to 7.75%. The market value of this part of the stock was as high as 775 billion yuan.

If Qu Li was reborn a few years later, he might be able to seize Pei Hua's opportunity. This is a win, comrades!In case anyone is reborn, don’t forget to participate in EMBA training and seize the opportunity...

It's a pity that the business ideas are different. Like Samsung Group and BYD, only by integrating the upstream and downstream industrial chains can they maintain their competitive advantages.Therefore, having a power battery company of his own is imperative for Qu Li who wants to build a car.