Shen Ji is currently mainly focused on Dongsheng's internal affairs, and has no energy to pay attention to his personal investment.

The more than $22 million he received from the equity transaction of Conero Energy, except for the total of less than $2 million to participate in the investment of Tianyue Trade and Tianyue Industry, the other funds were only some bond investments that did not involve much energy.

Whether it is international commodity trading or the rapid development of the domestic economy, the yield of bond investment is obviously too low.

Shen Ji came to Kanem this time, in fact, he still wanted to meet with Cao Mo and discuss what investment channels he could participate in, without having a conflict of interest with his position at this time.

If he wants to continue in West Africa, he doesn't know who to trust except Cao Mo.

In addition to making a lot of money from the investment in Conero Energy, Shen Ji has also made a lot of money, and the Tianyue Trade in which he participated in the investment can also be said to have achieved unprecedented success.

Including Huachen motorcycles, pickup trucks and parts, Tianyue Trading's sales in West Africa reached US$30 million in November.

The monthly net profit of 3 million US dollars is not much horror compared to the sales volume, but the problem is that the net assets of Tianyue Trading's initial investment are only 12 million US dollars, and the net assets have doubled in just seven months, how encouraging it is!

With the successful monthly assembly capacity of Tianyue Industry in Conero Lake Industrial Park exceeding 25,000 units, even if several domestic motorcycle manufacturers will reduce the price and increase the marketing efforts in West Africa, Tianyue can also ensure that it will be invincible in the West African market in the next two or three years and maintain the current profit scale.

For Tianyue Trade, it is also facing a directional choice next.

With the great success of opening up the West African market, Tianyue has also gained a considerable voice in the sales system of Huachen Industry.

In the first three months, Tianyue will only ship the goods after paying in full or issuing a letter of credit, but in November, Tianyue does not need to pay Huachen Industry in advance or issue a letter of credit, and only needs to settle the accounts on a monthly basis.

Due to the hot sales of Huachen motorcycles in the West African market, Tianyue, in turn, not only strictly requires distributors to trade in cash, but even requires distributors to pay a certain deposit to ensure their status.

Tianyue Trade not only does not need to occupy a large amount of funds for inventory, but even charges an additional margin of nearly 20 million US dollars.

Including undistributed profits, Tianyue Trading has hoarded more than $30 million in cash at this time.

Xie Sipeng really wanted to finance and stabilize his iron ore trade in Akwa, Cao Mo was happy to lend him 10 million US dollars from Tianyue, so that Tianyue Trade could get an additional financial income, but unfortunately Xie Sipeng had no intention of biting the hook.

Tianyue Trading now not only has $30 million in cash, but also about $3 million in new profits every month in the future.

As of November, Tianyue has won 30% of the market share in the West African market

If we focus on the West African market for motorcycles, pickup trucks and parts trade, the market space that can be developed in the future is limited, and it is enough to maintain the current level of marketing investment.

That is to say, not only can the profits generated in the future be used for dividends, but even 20 million US dollars can be taken out now, so that investors can recover their investments in advance, and it is enough for Tianyue to keep 10 million US dollars in cash for turnover.

However, in this way, the development scale of Tianyue is also limited here.

However, Tianyue Trading's current main business is mainly to rely on Huachen Industry to develop the West African market for Huachen Industry's motorcycles, pickup trucks and parts products, and it is difficult to bypass Huachen Industry and truly enter the field of motorcycle production.

Tianyue Industry's factory in Conero Lake Industrial Park is only a simple assembly of Huachen motorcycles, and the whole factory seems to cover a lot of area, but the investment is extremely limited, and it cannot be regarded as really involved in the field of vehicle production.

Even if the domestic motorcycle supporting industry is extremely perfect, providing certain convenient conditions for them to bypass Huachen Industry and really step into the production of vehicles, but Europe and the United States have accumulated great technical advantages in the field of high-end motorcycles, and the accumulation of several major brand manufacturers is also profound.

This is also a question that Shen Ji rushed to Kanem to discuss with Cao Mo.

Of course, it is impossible for these issues to be discussed in front of Xie Sipeng and so many others.

Xie Sipeng sat in the car for a day, in the end, he was tired, and agreed to come back tomorrow to reunite, so he took Zhang Min and the bodyguards to leave first; Brahm, Nsangel, Zhao Xinyu, Xu Bin, Zhao Ling, Feng Rui, Li Qixi, Wang Jianzhong and others also left one after another, Cao Mo, Yang Deshan, and Abacha did not return to Longta at night, and stayed at the Lana Dere Hotel with Shen Ji, and then went to the executive lounge of the main building of the hotel to drink and chat.

At this time, there was no one else, talking about the follow-up development of Tianyue, Cao Mo patted his forehead and said bitterly:

"I don't have any money to worry about, and I don't have enough money to worry about......"

"How much cash do you have in your hand that you haven't spent now?" asked Shen Ji.

Since the beginning of this year, Cao Mo has acquired Xinxuan Food in China, but there has been a lot of new investment in Kanem, and Shen Ji also has a general understanding of some of the situation, leading the formation of Tianyue Trade and Tianyue Industry, and in September, he took out a large amount of money for the expansion of the Felician family gold mining company, and the Ibogu mining area and the Oguta mining area were merged, with a total area of more than 1,400 square kilometers, which can no longer be regarded as a small role in so many gold mining groups in West Africa.

In addition, additional investments were made in industrial parks, security companies, Sánchez Rental Company and Blue Star Rental Company, and after September, cocoa plantations were acquired in Benin and Akwa.

Spending money is flowing, but Cao Mo received a large amount of money from the equity transaction of Conero Energy in late May, and the cement factory owned by Felician and the Sika family building materials company is a cash cow, so how much cash Cao Mo still has in his hands, Shen Ji is not very clear.

"What, Lao Xie's words made you tempted?" Cao Mo asked with a smile.

"The domestic economy is very fast, and the economic development of Brazil, Russia, India, South Africa and other BRIC countries is also quite weak, and the prices of crude oil, iron ore and other commodities have risen quite sharply in the past two years, and this trend should continue for several years......," Shen Ji said.

"You are from a background in international finance, and you have worked in the top management of Dongsheng for so many years, and your vision is higher and wider than ours, I believe in your judgment on the development of the international economic situation," Cao Mo scratched the back of his head and said, "However, to be honest, what Lao Xie said, I have considered it before, but in the trade of bulk commodities like iron ore, I can still take out four or five hundred thousand dollars in my hand, and it seems that I can't make a splash!"

"You've got four or five million dollars in cash right now? I thought it would be more. Shen Ji asked with some surprise.

"Although the Conero cement plant has not yet been directly launched on the third phase of the project, the upstream and downstream of the production chain have been invested in improvements. On the side of the gold mining company, the mining costs of the two new operation areas are very high, and it is not clear how much profit there is at present, but the investment in exploration and technology cannot be saved, and last month it acquired a mineral exploration and technical service company, which cost millions of dollars; coupled with the investment of the Cornello Engineering and Construction Company, the silver is really spent like flowing water...... In front of Shen Ji, Cao Mo did not hide some of his thoughts and actions in the industrial layout of West Africa, sitting in the corner of the executive lounge, drinking cold sparkling wine in the mouth, and telling Shen Ji many details that were not convenient to communicate and talk about on the phone and email before.

The controlling stake in Conero Energy has been transferred to Dongsheng, and the next goal is to complete the performance gambling first, and Cao Mo is currently putting more resources and energy into cement and gold mining companies.

On the side of the gold mining company, it is mainly to strengthen and improve the technical level of gold exploration, mining, refining and tailings treatment in the two mining areas, strive to reduce the cost of deep rock gold mining, and improve the comprehensive mining rate; in addition, it will strengthen the exploration of reserves in the two mining areas.

In addition to continuing to improve the technical management level of the production process, the cement company is mainly involved in the mining and transportation of lime and other ores in the upstream to reduce the cost of upstream raw materials and ensure the supply of raw materials; in the downstream, in key cities such as Draculamo and Catero, it directly invests in the construction of cement transfer stations and commercial concrete stations, and adds special cement transport vehicles and ships, which deeply penetrate into the sales chain.

The third phase of the Conero Cement Plant is still in preparation, and it is not considered to be launched in a hurry for the time being, but because the core market coverage of the Conero Cement Plant is concentrated in Draculamore, it provides convenient conditions for Cao Mo to directly penetrate the whole sales chain in Draculamo.

Although Kanem wants to tap the potential of an industry at a deeper level, which is limited by many objective conditions, the return is quite impressive.

The price of finished cement in Draculamo is still slowly declining in the second half of the year, but the profit level of the Conero cement plant has not further decreased in the second half of the year, but has begun to rise steadily......