My Age of Investment

  Chapter 961 Industrial Investment

  I heard that Xia Jingxing, the God of Wealth, had returned to China, and Huang Dongsheng immediately rushed to visit him.

  For this, he also brought Deng Yuanjun, the CFO of Fuxing Industry Holding Group, who was solely responsible for working with BOE, to accompany him.

  As soon as he entered the house, Huang Dongsheng put on a low posture, "Mr. Xia, I will report to you."

  Deng Yuanjun’s mouth twitched, did he start to shoot?

  He and Lao Huang have worked together for more than half a year, knowing that this person is not actually a flattering person.

  The other party dared to shoot the table in front of the prefect of Rongcheng.

  Speaking of it, a penny stumped the hero, and his backbone was bent by life.

  Deng Yuanjun understands Huang Dongsheng better. After all, it is not easy to carry such a big baggage as BOE.

   "Old Huang, don't be so polite, I don't like that one here!"

  Xia Jingxing got up with a smile, and greeted Huang Dongsheng and Deng Yuanjun to take a seat on the sofa.

  Huang Dongsheng sat down with a big smile. Seeing Xia Jingxing's attitude, he immediately took a reassurance. It seemed that there would be no major problems with money matters.

  But he still dare not be too careless. After all, as long as the funds are not in place for a day, there will be variables every day, and he has been let off too many pigeons in these years.

  Of course, he still believes in Xia Jingxing's character, but he is afraid that the plan will not keep up with the changes.

  "Mr. Xia, the construction of the Rongcheng 4.5-generation panel line has begun, and the 6-generation line has been formally signed. Look at the funding...When will the payment start?"

After speaking, Huang Dongsheng realized that he might be too straightforward. He was afraid of causing Xia Jing to be unhappy, and hurriedly added: "Of course, Mr. Xia, I am not urging you! It's just that the panel cycle is beginning to rebound. Now, the production line will be built a day earlier, and this wave of dividends will be eaten a day earlier."

  Xia Jingxing smiled and said: “I know that the dividend of the panel cycle is only a few years. If you miss it, you will lose money right after it is put into production. It will also disrupt the company's follow-up plan, and then affect BOE's overall rise strategy.”

  Huang Dongsheng nodded in excitement, Mr. Xia was really considerate.

   "Just put your heart in your stomach, money is absolutely not a problem, and all will enter the country next month at the latest, and it will be credited to the Rongcheng project company."

  Although she said lightly, Xia Jingxing kept sighing in her heart and was about to pay for her private house again.

He originally wanted to keep the more than 600 million U.S. dollars in dividends from the Lixia No. 1 Fund to subsidize the family.

  As a result, I haven't covered my heat yet, and I have to fill in holes again.

However, Liu Hai has already sent him good news. With the further spread of the financial crisis, institutions have begun to admit that they have continued to purchase CDS contracts at high prices from the market for hedging. Vision Capital and several sub-funds have begun to sell. The goods are available, and a lot of profits are being cashed out.

  In fact, cover it up for a while, cover it until Lehman goes bankrupt, cover it until the Eagle sauce rescues AIG, and you can earn more.

  But Xia Jingxing didn't want to wait anymore, and didn't dare to wait anymore. Without earning the last copper plate, he took the rescue money from the Yingjiang government, fearing that he would be blacklisted in the future.

Paulson and Peter Thiel are both selling the CDS contracts they hold. They are not afraid of being blacklisted, but they are afraid that if they continue to do so, the CDS seller loses the ability to perform the contract, that is, the ability to pay, and cannot get the final compensation.

  Goldman Sachs is not afraid that even if an institution fails to repay the money, they can recover any debts.

  According to Xia Jingxing's knowledge, Goldman Sachs is buying a large number of CDS contracts issued by AIG, and is preparing to play damage transfer. Next year, various major dramas will definitely be staged.

  This kind of big show involves the top level of Eagle Sauce, and they are not eligible to participate, so selling the CDS contract is the safest solution right now.

  Institutions like Goldman Sachs have deep roots, so they dare to be villains and come to collect collections, earning some hard work, and CDS contract price difference is also right.

   Hearing that all the funds will be in place next month, Huang Dongsheng immediately breathed a sigh of relief, and immediately felt extremely excited.

How much money is   4.5 generation line? 3 billion.

  The total investment of the 6th generation line is 6 times that of the 4.5th generation line, reaching 18 billion yuan.

  This production line is the key to the rise of BOE, so he is very concerned.

  Xia Jingxing asked: "I heard that you and Rongcheng were a little unhappy some time ago? Did you all shoot the table?"

   Speaking of this matter, Huang Dongsheng looked a little embarrassed, and said with a smile: "This matter is mainly to blame on me. I was too impatient and did not fully consider the difficulties of the local government.

  But now all the problems have been solved, tomorrow I will go to Rongcheng to apologize to Governor Ge. "

  Xia Jingxing glanced at Deng Yuanyun, who told him the news as soon as it happened, so he knew the whole story very well.

  In fact, the matter is not complicated, mainly because of the order in which the funds for the construction of the 6th generation line are in place.

  Rongcheng government requires that BOE’s 2 billion funds must be in place first, and then the 5 billion funds of Fuxing Industry Group, followed by 6 billion of Chengdu government and 8 billion of syndicated loans.

  However, things got stuck here at Xia Jingxing.

  The Fuxing Industry Group does not have so many surplus funds in its accounts, so all the investment in BOE belongs to Xia Jingxing’s personal investment.

  Just considering the business synergy between BOE and Fuxing Industrial Group, Deng Yuanjun was sent to manage this matter.

   "Hey, speaking of it, I'm still to blame for this. I happened to go to the U.S. during that time, and there were so many things on hand, so I was slightly delayed."

   Seeing Xia Jingxing take the responsibility on himself, Huang Dongsheng waved his hand quickly and said, “Mr. Xia, you are serious. After all, 5 billion is not a small amount, and it takes time to raise funds, I understand.”

  Xia Jingxing smiled, and stopped mentioning this. He asked about the construction of the 4.5-generation line and the development of BOE.

   "The 4.5-generation line will be officially put into production in the second half of next year, and the products can be supplied to Fuxing mobile phones at that time."

  "Because of the panel cycle rebound and price increase, BOE has turned losses into profits since the second quarter of this year. Also affected by the positive news of the 4.5-generation line and the sixth-generation line, the stock price has risen by more than four times."

  Speaking of this, Huang Dongsheng took a careful look at Xia Jingxing, who looked as usual without any fluctuations.

  From the bottom of his heart, Huang Dongsheng felt that Mr. Xia couldn't be better.

  Xia Jingxing originally planned to invest BOE 10 billion at the beginning of the year, but because BOE has only completed a fixed increase, the next fixed increase will wait until next year, so he temporarily abandoned the shareholding plan and chose to cooperate instead.

  Of course, Xia Jingxing can also choose to buy the old stocks held by BOE shareholders and eat the dividends of this wave of stock price growth.

  But he did not do that, because what BOE really needs is a new panel production line. If you buy old stocks, BOE itself will not get any money.

  Only by continuously building and putting into production new production lines, BOE can catch up with the pace of Korean, Japanese and Taiwanese manufacturers.

  It is precisely because he understands the logic here that Huang Dongsheng has such a low profile to Xia Jingxing. Although the other party is a financial tycoon, the investment in BOE is definitely not for making money.

   "Very good, the stock price has risen four times. Next year, the 8th generation line should have fallen."

  Xia Jingxing did not care about short-term gains and losses, he valued long-term gains.

  If BOE can rise a few years earlier than the previous life, it will definitely be a hero of the industry, stock investors can also shed a little less blood, and he, an investor, can also share the dividends of corporate growth without losing money.

  Sitting for a while, Huang Dongsheng left with satisfaction. Only Deng Yuanyun and Xia Jingxing were left in the office.

  Deng Yuanyun couldn’t help but said: “Mr. Xia, we are losing a lot!”

  Xia Jingxing waved his hand to stop, “This is an industrial investment, which is different from the logic of venture capital and secondary market investment. Don’t be too concerned about the current gains and losses.”

  The boss said so, and Deng Yuanyun had to hold back his grievances.

  "Mr. Xia, you said that this year or next year, two hundred billion-scale integrated circuit industry funds will be established. The end of the year is coming soon. Will they be established this year?"

  Deng Yuanjun smiled and rubbed his hands. He looked forward to the establishment of these two funds. As the CFO of the Fuxing Industry Group and the manager of the mobile phone industry fund, he felt that there should always be a fund management right in his head, right?

   Hundreds of billions of funds, tsk tsk, there has never been one in China, and I feel excited when I think about it.

  Xia Jingxing looked out the window and sighed: "I can't do it this year, the bullet will fly for a while..."

  Deng Yuanyun suddenly felt a basin of cold water pouring on his head, and he felt cold in his heart.

  Boss, don’t brag, right? Forget it, don't ask.

  Xia Jingxing was thinking about the financial crisis. At the moment, Envision Capital has only reaped the first wave of profits, and then there will be a second wave and a third wave...

  I’m taking the knife now, it’s not very fun, and there are too many places to spend money next, and I have to work hard.

  (End of this chapter)