Material Empire

Chapter 505 Let's see who has the last laugh

Qin Hai pretended to be bitter and bitter, and had another entanglement with his long-term friend Yongsi. In the end, it seemed that he had no choice but to initial a letter of intent with the other party, confirming the details of the exchange of rare earth for steel.

The content of the letter of intent includes:

Chunshan Company is responsible for helping Daqin Group to obtain US$1.5 billion in seller credit in Japan, which is used to purchase steel from Nippon Steel and other companies. The FOB price of steel is not higher than the wholesale price of similar steel in the Japanese market;

Daqin Group promises to provide Chunshan Company with a series of products including rare earth oxides such as dysprosium oxide and terbium oxide every year in the next 10 years. In the case of , the market price shall prevail;

Both parties are obliged to keep the content of the agreement confidential, and shall not disclose the commercial secrets involved to unrelated parties.

After receiving the letter of intent signed and sealed by Qin Hai, Changyou Yongsi had a smile on his face. Although the price of rare earth products stipulated in the agreement is more than ten times higher than that a few months ago, it is still a lot lower than Chunshan Company's original expectation, and Changyou Yongsi can finally explain to the company.

The most important thing is that he got a 10-year supply contract, which means that Daqin Group will no longer be able to interfere with the production of Chunshan Company by raising prices and limiting production in the future, and Chunshan Company can continue to improve Dysprosium in a leisurely manner. The performance of terbium-iron alloy occupies the high-end market of this new type of permanent magnet material.

As for the matter of contacting the seller's credit for the Daqin Group, Changyou Yongji is not worried at all, because this matter will not harm Japan's national interests or corporate interests. He believes that the energy of Chunshan Company can completely accomplish this matter. .

The 1.5 billion US dollars of seller's credit is not a big number if it is distributed to several banks. The Daqin Group owns a series of industries such as steel, ceramics, and rare earths. It has a large scale and has enough credit to make Japan's banks Willing to lend money.

Qin Hai's complexion didn't look as good-looking as that of Changyou Yongsi. It seemed that he had suffered a big loss on the issue of rare earth prices, but he was helpless. However, after seeing off Changyou Yongsi and Heino Sadao and his party, Qin Hai stood at the door of the office, the corners of his mouth that had been tense all the time finally opened, and he laughed silently.

"Boss Qin, these two Japanese are very happy. They didn't realize the trap you set for them." Su Yabo stood beside Qin Hai, watching the two Japanese taxis go away, and smiled at Qin Hai. Hai said. He could see that Qin Hai was in a very good mood, and if he didn't compliment the leader at this time, when would he wait.

"Xiao Su, don't talk nonsense. We and Chunshan Company are friendly partners. How can we say it's a trick?" Qin Hai corrected Su Yabo's statement with a smile.

Su Yabo quickly said repeatedly: "Yes, yes, we signed this letter of intent with them for the purpose of friendly cooperation, and our Daqin Group has made a lot of sacrifices for this."

"Well, these words have to be repeated to the employees in the office, until even you are convinced." Qin Hai confessed.

"I'm convinced now." Su Yabo said with a smile.

Compared with Changyou Yongsi's blind optimism, Qin Hai is the one who has the last laugh. To be able to use such a letter of intent in exchange for the seller's credit provided by Japan, and then to obtain 5 million tons of imported steel, this is a stable business for Daqin Group, and the profit is astonishingly high. How can Qin Hai Can you not be happy?

Due to the hype secretly planned by Sun Zhenjiang, Pittston and others, the price of steel in China's domestic market has climbed to nearly 3,000 yuan per ton, which is equivalent to more than 500 US dollars based on the current exchange rate. However, the price of steel in the Japanese market is less than US$350. Even if freight and other expenses are included, there is a price difference of more than US$100 per ton of steel and the domestic market. 5 million tons means a profit of US$500 million.

Qin Hai imported these steel products and forced speculators such as Sun Zhenjiang to eat them. This not only solved the plight of the State Planning Commission, but also made a profit for himself. Why not do such a good thing?

As for the 10-year supply of rare earths promised to Chunshan Company, this was originally what the Daqin Group wanted to do. No matter how precious rare earths are, it is impossible to keep them in your hands and not sell them. The international market pays attention to mutual benefit, and it is easy to attract criticism if you hold your own resources and do not provide them to the international market.

In terms of price, the price of dysprosium oxide at US$250 per kilogram has actually reached its peak, and Qin Hai has no intention of continuing to increase the price at all. The scientific research team led by Sun Yuzhi has made a breakthrough in the research of new rare earth permanent magnet materials. The dysprosium-terbium-iron alloy that Chunshan Company regards as a treasure will soon become obsolete technology. At that time, the demand for dysprosium oxide and terbium oxide will plummet. Prices will plummet along with it. The conditions that Qin Hai promised to Chunshan Company now will become some worthless terms by then.

Regarding these details, Qin Hai didn't tell Su Yabo clearly, he just told Su Yabo to actively cooperate with him and sing a double reed for the Japanese to see. Su Yabo did this, and knew in his heart that there must be a mystery in it. As for how Qin Hai plotted against the Japanese, Su Yabo couldn't figure it out. Of course, he is also very smart not to ask about this matter. If the leader doesn't want you to know, you have to pretend to be stupid even if you know it.

In the era when the Internet was not popularized, the dissemination of information was very slow and the scope of dissemination was extremely limited. Due to Qin Hai's deliberate concealment of the rare earth-for-steel transaction between Daqin Group and Chunshan Company, it has not attracted any attention in China. In the State Planning Commission, only Wang Hongsheng and a few senior leaders knew about this matter, and they kept this secret very carefully. In various meetings related to the steel market, all leaders kept silent about the Daqin Group. On the contrary, each of them showed a worried face, as if the steel problem was about to be unsustainable.

"Everyone, let me tell you a piece of good news. According to the information provided by the insider, 70% of the steel stock in the hands of the Planning Commission has been consumed, and the remaining steel belongs to the country's strategic reserve, so it is not easy to put it on the market. We expect , the Planning Commission can at most come up with 1 million tons of steel to save the market, and when the 1 million tons of steel is used up, the market price will be completely up to us.”

In the living room of the villa in the suburbs of Beijing, Sun Zhenjiang proudly announced to the friends who came to the meeting.

"That's great, the expectation is over!" Liang Zhaohui said with a sigh of relief.

"Liangzi, don't be discouraged, you have to keep working hard, you know?" Sun Zhenjiang said.

"It's not easy for me to survive until now!" Liang Zhaohui complained, "Do you know how many banks I have asked for? In some provinces, those local bosses can't get much out of loans, and they are very airy." , In order to take them down, I lost my legs and drank at least a dozen times in the past two months."

"Haha, Liang Zi is tired." Sun Zhenjiang patted Liang Zhaohui on the shoulder and said, "Liang Zi, don't worry, all your hard work will be rewarded immediately. When the price of steel products rises to 4,500, those loans you borrowed The money doubled immediately, and when you repay the loan, all the idiots will have to watch you drooling."

"Zhenjiang, now a ton of steel is only 3,200, why do you think it can rise to 4,500? I think we have to accept it as soon as it is good, and we can sell it when it reaches 3,800 or 3,900. Anyone who is foolish is willing to take the order, let him buy it." They'll take it." Ling Yiping suggested, he is used to buying and selling, and he is very sensitive to price changes.

Sun Zhenjiang shook his head and said:

"Yiping, you have to know that this is the last price reform in China, and it is impossible to encounter such a good opportunity in the future. If we don't earn enough this time, we will regret it in the future. Let me tell you that when the national plan The committee patted their chests with the boss, saying that they could control the price of steel within 2,500. As a result, it has now risen to 3,200. It is said that the chief director of the planning committee has been trained several times by the boss.

You said, under such circumstances, why didn't the Planning Commission lower the price? Rather, he would rather be reprimanded by his superiors? "

"I'm afraid they won't be able to suppress it?" The rich Guo Kaining guessed, "With the nature of the officials in our country, if they can do something, they will definitely not wait for their superiors to train them. Zhenjiang, you said last time, The matter of price is a political task, if the planning committee has the ability to suppress the price, how dare it let it go like this.”

Sun Zhenjiang laughed: "Kai Ning has been in the ministry for a few years, and he really is extraordinary. He made it clear. That's right, according to my opinion, of course, it is also the opinion of Pittston and the others. The State Planning Commission has already It was because Qianlu was so poor that he was completely unable to control the price of steel, so the price rose to 3200.

Now the Planning Commission is still trying to lower the price by selling reserves, but the reserves they can take out are running out. At this time, as long as we can work harder and eat the goods thrown out by the Planning Commission, those units that are eager to use steel can only go to the black market to buy high-priced steel. At that time, let alone 4500, the price of 5000 or 6000 may be reached. "

"But I can't afford the money anymore." Liang Zhaohui quickly declared, "I have already borrowed from all the banks that can get the loan, and now there are four or five presidents chasing me to pay back the money. I dare not answer their calls. Now that the planning committee releases goods outside, we can only count on your brothers."

"I've also run out of money. If I don't sell the steel, I can't even pay the rent for the warehouse."

"You can still afford to rent a warehouse. I have a batch of goods still in the train wagon, and I can't even find a place to unload them."

"Yeah, if we continue to delay, we can't bear it any longer. The loan from the bank also has to pay interest, and it will cost hundreds of thousands of yuan if it is delayed for a day."

The dandies complained endlessly, although some of them were a bit artificial, but most of them were true. They are all riding a tiger, and it depends on how the next step develops.

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