My 1999

"Mr. Xu, he's gone."

"Well. You go and rest."

Lu Hui nodded, but did not leave.

"Any thing else?"

Lu Hui gritted her teeth and said, "Mr. Xu, between you and Mr. Xie..."

"Haha, Lao Xie and I have been in a relationship for many years. We can't resolve any misunderstandings. Don't worry."

Lu Hui nodded and walked out of the room with heavy steps.

Looking at her back, Xu Liang smiled and shook his head.

He had no intention of telling Lu Hui the details of the bitter plot between himself and Xie Wen. The key to a secret being a secret was not how clever it was, but how few people knew about it.

——

"Mr. Lu, are you going back to the company?" the driver asked.

"I won't go. I'm a little tired today. Let's go home first."

"OK."

Arriving at his mansion in Los Alto.

When he came to the study and closed the curtains, Lu Xiaobo made himself a cup of coffee. After drinking it slowly, the idea in his mind took shape.

Take out your cell phone and dial the number you least want to dial.

What's very strange is that he who once hated it so much is now somewhat accepting of it.

Toot….

The phone rang for a while and then connected.

"Dear Lou, do you have any good news for me?"

Lu Xiaobo was sure that he still hated Ellison's frivolous tone.

"Allison, I do have good news here."

"Lu, I'm ready, you can say 'Britney'."

Lu Xiaobo took a deep breath.

"Because of the Vivendi Global matter, Xu Liang has already had a conflict with his most effective assistant, Hongmeng COO Xie Wen. I heard their quarrel with my own ears."

After a moment of silence on the phone, "Can you tell me the contradictory content?"

"Of course. ...Xu Liang feels that Hongmeng has strong capital and should acquire Vivendi Global as soon as possible to lay the foundation for the future development of Hongmeng's pan-entertainment business.

However, Xie Wen felt that Vivendi Global was only worth US$9.4 billion and firmly rejected the French's sky-high price of US$14.5 billion.

The two people had their own opinions and started to quarrel. "

"That's really good news," Ellison said.

"It is precisely because of Xie Wen that it has been difficult for Hongmeng Company to acquire Vivendi Global. Now that the conflict between him and Xu Liang has become semi-public, Hongmeng's internal instability will greatly affect the company's development.

For companies like Oracle and Google, this is the best news.

And it’s time for you to return what you promised me. Lu Xiaobo said in a deep voice.

"Haha, dear Lu, the price we agreed upon was that after you let Hongmeng acquire Vivendi Global, I would return the things to you.

Now that things have not been done, how can you get things back? That's not how deals are talked about. "

"you……."

After Lu Xiaobo suppressed the anger in his heart.

"I hope you keep your word, otherwise I will be ruined and you won't be able to live well."

"Haha, how could it be? You are my close ally, Ellison."

The laughter was particularly harsh in Lu Xiaobo's heart. He snorted coldly and hung up the phone.

Listening to the blind tone coming from the mobile phone, the smile on Ellison's face gradually faded.

"A stupid yellow-skinned monkey, is he worthy of making terms with me?"

Throw the phone away.

There was a hint of thinking in his eyes.

Lu Xiaobo's news was indeed very useful to him.

But I just don’t know if this is true or not.

He stood up suddenly, walked to his desk, picked up the phone on it, and quickly pressed the button.

"Howard, I got news that Xu Liang and Hongmeng COO Xie Wen had a conflict over the Vivendi acquisition.

You immediately mobilized our relationship and spread the word. "

"Larry, are you sure this is true?"

"What Lu heard with his own ears should not be completely lies. However, regardless of whether it is true or false, we must make them true."

People's mouths make gold, but accumulation destroys bones.

Public opinion is never true or false, only its influence.

Howard obviously knows this too.

"I'll have someone spread the word right away."

"By the way, let those two guys from Google do it. We can't always be allowed to rush to the front while they sit back and enjoy the results."

"Um."

——

After nearly a month of disposal, all the soybean spot held by Hanhua was handed over to Harvest Agriculture Company, which has become a subsidiary of Hongyan Fund.

"Mr. Xu, Harvest Agriculture has taken over all the soybean reserves from Pacific No. 1 Fund. A total of 26.9 million tons of soybeans, with an average purchase price of 6,000 yuan/ton."

In just one month, the price of soybeans has increased by 300 yuan compared with before.

"A total of 161.4 billion Chinese coins were consumed."

Xu Liang calculated that 161.4 billion Chinese coins are equivalent to 19.53 billion U.S. dollars. The current cash reserves of Hongyan Fund are enough to pay for this fund.

However, as a mature capitalist, of course he would not use precious working capital on such inefficient matters.

He only paid 10% of the principal, and then took out a mortgage loan with Standard Chartered Bank, HSBC, and ICBC.

There is a huge amount of soybeans as collateral, and the interest rate on the loan is not high.

"Mingcheng, harvest agriculture does not need to keep so many soybeans, keep 15 million tons of soybeans, and sell the rest. Remember, don't sell too much at once, just sell 1 million tons every week."

Qiu Mingcheng nodded.

"Also, you should contact the major domestic oil companies to see if they have any intention to sell. If so, buy it."

"clear."

"Lao Xia, you should pay more attention to soybeans."

Xia Changsheng, CEO of Red Rock Fund who also appeared in the video, agreed.

After a few more instructions, Xu Liang cut off the video with Qiu Mingcheng.

"Lao Xia, have you applied for the trust company's license?"

"The application has been approved and the staff is ready. It can be opened at any time."

Xu Liang nodded.

For the future of himself and his family, Xu Liang established Hengyuan Trust, an independent trust subsidiary under Hongyan Fund.

When his child is born later, a separate trust plan will be established under this trust.

"Mr. Xu, do you need to carry out specific business?" Xia Changsheng asked.

With Xu Liang's current status and his demonstrated financial capabilities. As long as he is willing, countless wealthy families will hand over part of their assets to Hengyuan Trust for management.

"No need for now. I will let you know when I need it."

Xu Liang has already divided the business of Hanhua and Hongyan.

Hanhua was all open to the outside world, while Hongyan was only responsible for himself and later the Xu family.

Therefore, Hongyan will not have any external business.

After Xia Changsheng responded, "Mr. Xu, the Jiulongyu tourist resort we invested in Yidu has been completely completed.

Do you think you still need to continue investing? "

Jiulongyu Tourist Resort is a project invested by Xu Liang in his hometown.

The total investment is 50 million Chinese coins.

Later, it was increased to 100 million, and the entire Jiulong Valley was included in the development plan.

"Take some video and show it to me first."

"OK."

"In one year, Sanwei Mining Company has almost been integrated. Have you discussed with Luo Hong about the company's next development?" Xu Liang then asked.

"We have discussed it. There are two main steps.

First, invest in expanding the production scale of Lop Nur potassium salt and strive to increase annual output to 1.2 million tons within two to three years.

Second, continue to expand the scale of 3D Mining Company.

However, we are still unable to determine the main line of future development of Sanwei Mining. In the end, we will continue to expand downstream and develop the fertilizer business with the help of Lop Nur potash and Turpan potash.

Or should we continue to buy new mines and become a pure mining company? "

Xu Liang understood and then said, "It should be easier to make fertilizer, right?"

"Yes. There is currently a huge shortage of potassium fertilizer in the country, and more than half of it needs to be imported every year. If we make potash fertilizer, we basically have no worries about the market.

If you continue to buy mines, you will basically have no chance at home, and there will be various uncontrollable risks abroad. "

The distribution of potash resources in the world is very uneven, with most of them distributed in Canada, Belarus and Russia.

The proven reserves of these three countries account for 31%, 21% and 17% of the world's total proven reserves respectively. They account for 70% of global potassium resources and belong to the first camp.

The next countries in the second camp, including China, the United States, Chile and Germany, accounted for only 6%, 5.7%, 4.3% and 4.2% respectively.

From the perspective of the type of potassium salt resources, the vast majority of potassium salt mines in the world exist in solid form. For example, the Saskatchewan Salt Mine in Canada is the largest potassium salt mine with the thickest mineral layer in the world and is a solid mineral. , with total reserves reaching an astonishing 18 billion tons.

Russia's Slovakia Salt Mine and Belarus's Stanrobin Salt Mine have total reserves of 12.9 and 10 billion tons respectively, ranking second and third in the world. They are also solid minerals.

The type of potash salt mines in China is basically different from the above-mentioned large mines. Most of them are liquid minerals, such as the Qalhan Salt Mine in Qinghai mentioned above and the newly discovered Lop Nur Salt Mine.

Judging from the current exploration situation, domestic potash mines are mainly concentrated in inland lakes and dried salt lakes in the northwest and southwest regions.

Xinjiang, Qinghai, and Sichuan provinces are the largest.

As for solid potash mines, the distribution of Huaxia is pitifully small. The only explored locations are Simao in Nanyun Province and Dawenkou in Tai'an in Qilu Province.

Moreover, the grade of Huaxia solid ore is not very high.

If Sanwei Mining Company expands abroad, Damao and Sanmao will have little chance. Their poor reputation is only slightly better than that of Sange.

Xu Liang would not dare to invest in such a country.

Canada does have a chance, but the best potash mines have long been carved up by others.

It is very difficult to seize food from the tiger's mouth.

"Have you considered expanding overseas?"

Based on his understanding of Xia Changsheng, since he mentioned overseas expansion, he must have certain plans.

really.

"Most of the potash resources in the West are monopolized by Western capital, so we have little chance. Africa is too far away and we have no foundation, so we need to take a long-term approach.

However, Laos, located in the interior of Southeast Asia, is a big potash country. The Vientiane Basin and the Nakhon Ratchasima Basin in Khammouang Province have reserves of more than one billion tons, and the prospective reserves are nearly 10 billion tons.

If we can win, Sanwei Mining will become the top potash mine and potash fertilizer giant in China and even internationally. "

Xu Liang smiled and said: "Laos has such rich potassium resources, but it has not been developed. There must be other reasons?"

“Nothing can be hidden from you. The biggest obstacle hindering the development of potash mines in Laos is transportation.

Without convenient transportation, the cost of developing potassium mines in Laos will be very high. According to the current international potassium mine prices, if we invest, the profit will be very thin. "

Others don’t know it, but Xu Liang knows very well that in twenty years, Laos’ transportation will be improved with the help of China.

A railway brings Chinese capital in droves.

But twenty years is too long, so there is no need to be too anxious now.

“First let Sanwei Mining send an inspection team to Laos, and then talk to the Lao government and see the results.

In the next two to three years, Sanwei Mining's task is to build a fertilizer plant, and of course it can also acquire it. "

"Understood, but in terms of funding...?"

"You make a development plan first, and I'll take a look at it."

Xia Changsheng agreed.

At present, Hongyan Fund has five subsidiaries in addition to its business departments including the Chairman’s Office, Audit Department, Legal Department, Information Department, M\u0026A Department, and Investment Department.

Taihua Real Estate, Sanwei Mining, Hengyuan Trust, Harvest Agriculture and Jiulongyu Tourism.

After the two finished chatting about various departments and the company's business.

"Lao Xia, how is the working group in South Korea doing now?"

“We are currently negotiating with the South Korean government and the South Korean Exchange Bank. With the help of people from Merrill Lynch and the permission of the U.S. government, things are going quite smoothly.

The current debate is mainly about Hynix's debt portfolio plan.

We hope to only repay the principal and extend the repayment period to 15 years. South Korea thinks that 15 years is too long and only accepts 5 years.

In terms of interest, they are willing to drop it to 4.1% and are unwilling to give up.

And they hope to pay US$2 billion in cash to repay debt after the deal is concluded, which is also something we cannot accept.

However, the negotiations have just begun, and South Korea has no other better options, so the chance of winning Hynix is ​​still very high. "

Xu Liang nodded.

Such large-scale mergers and acquisitions will definitely require lengthy negotiations.

It's just the beginning now, and we're still far from signing a contract.

"The acquisition of Hynix is ​​the company's first priority, and everything else can be put aside."

"I will let you know as soon as possible if there are any changes."

"Um."

After hanging up the video, Xu Liang sat on the sofa and pondered for a moment.

He took out his phone and called Jiang Xiaoyang.

The ringer rang for a moment before picking up.

"Why did you call me?"

"As the saying goes, you miss your loved ones even more when you are in a foreign land, so give your wife a call to comfort you."

"Painful of lovesickness? There are so many beautiful young ladies in the United States who recommend themselves to be pillow mats. Do you still miss me, a yellow-faced woman who works all day long?"

"With all my conscience, I have been keeping my integrity for so long since I came to the United States. Besides, I really can't stand the smell of Americans.

Those who don’t have body odor have longer hair than me.

I wouldn't even be interested in such a beauty on my bed. "

"That's pretty much it. Come on, why are you calling me?"

"Haha, isn't the Pacific No. 1 Fund unblocked? Let me ask about the income and expenditure." Xu Liang said.

"I knew you would ask. However, the funds of the Pacific No. 1 Fund are too huge and cannot be settled clearly for a while, so the detailed financial statements will have to wait for a few days."

"About?" Xu Liang asked.

"Pacific No. 1 Fund raised a total of 2.846 billion, and after the oil speculation ended in March this year, it received a net income of US$8.9 billion.

Then go long soybeans with a total capital of US$11.746 billion.

A total of 16.9 million tons of soybeans are held at a cost of 3,000 yuan/ton.

The holding cost is 2,300 yuan/ton of soybeans, 35 million tons.

Among them, 16.9 million tons of soybeans with a cost of 3,000 yuan/ton, delivered at 6,000 yuan/ton, can earn 50.7 billion Chinese yuan, a net income of approximately 6.138 billion US dollars.

The 35 million tons of soybeans are divided into three parts.

First, because Larry Ellison burned part of the soybean reserves, we can only obtain principal for a total of 3 million tons of soybeans and cannot obtain investment income.

Second, due to early selling of 23 million tons, the average selling price was 4,150 yuan/ton, and the profit margin was 1,850 yuan/ton.

Net income was 42.55 billion Chinese currency, US$5.15 billion.

Third, 10 million tons of soybeans are delivered to Fengsheng Agriculture at a price of 6,000 yuan/ton, with a profit margin of 3,700 yuan/ton.

Net income was 37 billion Chinese dollars, US$4.48 billion.

Finally, after the entire soybean investment was completed, Pacific No. 1 Fund received 130.25 billion Chinese dollars and a net income of US$15.77 billion.

Deduct transportation, storage, salary, administrative expenses incurred during the entire soybean investment period, as well as the most critical transaction taxes, deed taxes, etc.

Net income was 84.663 billion Chinese currency, US$10.25 billion.

Combining the income from oil investments, the Pacific No. 1 Fund earned a net income of US$19.15 billion in the past year, with an average annual return of 6.73 times.

According to our Hanhua regulations, if the rate of return exceeds 1 times, 50% of the net income can be obtained.

So, for a net income of $19.15 billion, we can get $9.575 billion.

Of course, this is just a rough calculation.

How much you can get in the end depends on the results of the company's actuarial department.

But the difference won't be too big. "

Xu Liang nodded. The data Jiang Xiaoyang gave were rough.

Detailed financial data will record every expenditure.

When it comes to a huge figure of 30 billion US dollars, not a single decimal point can be wrong.

"When we get the money, we will establish an evergreen fund under the company - Venus Fund, with an initial investment of US$10 billion.

It’s time to fulfill the promise I made to my father-in-law. "Xu Liang said.

"It's rare that you still remember it. But it's still unknown whether we can get 10 billion US dollars in the end." Jiang Xiaoyang said.

"Haha, let's not talk about the other funds. The Qinglong No. 1 Fund will be unblocked in more than a month. Although we don't know how much we can get, it will definitely not be much worse than the Pacific No. 1 Fund. So, We are not short of money.”

Qinglong No. 1 Fund raised US$1.5 billion. With the overall recovery of Internet stocks and technology stocks, the leverage of Qinglong No. 1 Fund has also increased from twice the initial amount to eight times now.

More than a dozen companies including NVIDIA, BlackBerry, eBay, Yahoo, and Qualcomm have been invested in, and the minimum has increased by more than 30%.

BlackBerry, which has grown the most, has seen its market value quadruple in two years compared to its original value.

Including the leverage of Qinglong No. 1, Hanhua made nearly ten times the profit from this one stock alone.