Chapter 335: December

To set up an investment division, the next step is naturally to recruit and build a team.

As an international metropolis that all Chinese people yearn for, Xinhai seems to have countless people pouring into Xinhai all the time to find jobs, wanting to xguan.xyz prove themselves in this dazzling metropolis and realize their life value.

This is also where China is far superior to West Africa.

Even though there have been a lot of voices criticizing China's education system on the Internet in recent years, it is this kind of education system that has cultivated an extremely large team of engineers, financial accountants, economists and other professionals for China.

In particular, with the great expansion of education industrialization, two thousand years later, as many as six or seven million college graduates have poured into the job market every year, providing sufficient human resources for China's industrial development during this period.

When a new enterprise or a newly established department of an enterprise wants to select and hire personnel, a large number of talents with relevant education and professional backgrounds can be screened online.

Tianyue Investment also made it easy to screen out more than 50 qualified candidates from the large number of job seekers on the Internet and enter the interview process; Cao Mo stayed in Xinhai during this time, and also participated in the screening of personnel, and finally admitted eight new employees.

In addition, Song Yuqing directly served as the manager of the investment department, and Ge Jun recommended a senior practitioner named Zhao Cheng as the deputy manager, which can be regarded as setting up the framework of the investment department.

In this way, Tianyue Investment actively participates in the high-risk, high-yield inferior investment of trust products, and has a special team to conduct continuous tracking and research, rather than putting the quality of an investment product on the intuitive judgment in just three or five days.

During this time, Jiaying was relatively inflated, and overheard that Cao Mo still had a sum of money in his hand, and he actually set up an investment business management and did not hand it over to Wood Elephant Capital for management, so he was reluctant in his heart.

In addition to the 25 million funds still locked in the shares of Xinganglian, Wood Elephant Capital currently has 60 million funds in its account.

This means that counting the operating costs of Wood Elephant Capital during this period, as well as some rewards and dividends issued in advance, Cao Mo handed over 20 million to Jiaying in late March, and his net worth more than quadrupled in just nine months.

The huge dividends brought by this bull market in the securities market are far beyond everyone's imagination.

Even though the stock market has been adjusting for two months after hitting a historic peak high in mid-October, and the index has been lowered by more than 15 points, the enthusiasm of both professional institutional practitioners and small and medium-sized retail investors is still undiminished.

Zhao Cheng was engaged in financial risk management in the proprietary division of TK Securities, and was also reduced to the most unpopular role of TK Securities.

Ge Jun also said that in the past two years, every time they have conducted serious and in-depth research on the securities market, the delay in operation will bring different degrees of losses.

Although financial risk managers and risk controllers are considered to be indispensable roles in investment institutions, every time they issue risk warnings in the past two years, they have been proven to be holding back every time, not to mention that insiders will reject them, and they will be targeted at large and small meetings, and they themselves are very depressed, becoming self-doubting and confidence wavering.

Zhao Cheng was brought into Dongjiang Securities by Ge Jun, with rich experience and strong professional ability.

Ge Jun also trusts him very much, and even now he still guarantees his annual salary and dividends of millions, but this period of time in Dongjiang Securities is really uncomfortable, and the risk control concept that he has always adhered to has been repeatedly destroyed by this bull market, Zhao Cheng still submitted his resignation to Ge Jun.

Ge Jun saw that there was no way to keep Zhao Cheng at Dongjiang Securities, and it happened that Cao Mo needed someone here, so he recommended him, and Zhao Cheng was also willing to accept an annual salary of less than 500,000 yuan here, and start a new career from Tianyue.

In addition to the locked part of the funds, Wood Elephant Capital has lost almost seven or eight million funds in the past two months of adjustment, but Jiaying and several traders under her are still full of optimism about the securities market and are full of confidence in their own trading strength.

They believe that even if the index can't reach new highs, such a huge trading volume is there, and the intraday market is still full of structural opportunities that professional investors can capture. Cao Mo himself is a layman in securities investment, but at this time, he has no intention of letting Jiaying contact Ge Jun, Zhao Cheng and others who are currently cautious, so he wants to let them explore and grow by themselves, which is more conducive to their growth.

Therefore, Cao Mo would neither add the funds in the Wood Elephant Capital, nor did he think about withdrawing back the previous funds, anyway, it was Ren Jiaying and the others who tossed.

During this time, Galleon Tanglian and Bram also rushed to China, and Cao Mo was not in a hurry to return to Kanem, but also accompanied Bram and Gallon Targaryen to contact Guo Hongliang's team to discuss the development of ocean shipping business.

Cao Mo finally agreed in principle to Qian Wenhan and Ge Jun's plan, and Dongjiang Securities issued trust products to raise funds to acquire shipping companies and lease them to shipping and mining companies in the Gulf of Guinea to carry out ocean shipping business, but the specific details of business integration and cooperation still need to be negotiated in China by professionals such as Garon Tanglian.

Guo Hongliang has raised funds to buy ships and docked to the Xinhai Ocean Group to run West Africa routes for six years, and now has three bulk carriers of 3 to 50,000 tons.

Qian Wenhan approached Guo Hongliang and asked him to buy three bulk carriers under his name with a trust fund, and at the same time let his team join the Gulf of Guinea Shipping and Mining Company to carry out ocean shipping business, and Guo Hongliang agreed in principle.

After all, while taking on huge debts, the pressure on his shoulders is too great to seek new development.

The trust fund bought the three bulk carriers, which was quite an opportunity for him to make a profit and cash out all these years, and to give a good account to the partners and other investors involved in the fundraising.

However, he is also unwilling to join the Gulf of Guinea Shipping and Mining Company as an ordinary senior manager for an annual salary of more than one million, and he wants to fight for a certain amount of shares for himself and several core members of his team.

For the Gulf of Guinea shipping and mining companies, Cao Mo is most concerned about the finished cement transportation business, which is directly related to the development of Conero cement, but is not very concerned about whether the Gulf of Guinea shipping and mining companies have a controlling stake.

Finally, in late December, an agreement was signed for Tianyue Investment to sell a 10% stake in the Gulf of Guinea shipping and mining company to Guo Hongliang's team for 80 million yuan – which is about the same as the rich accumulation that Guo Hongliang and his team have accumulated over the years.

Tianyue Investment's stake in the Gulf of Guinea Shipping and Mining Company has been reduced to 35% after this adjustment, which is on par with Qian Wenhan's Sun Hung Investment, while Shen Ji, Brahm, Abacha, Blake and Oppenheimer's family hold 9% of the shares, and Gallon Tangrian's current team holds a 6% stake in the Gulf of Guinea Shipping and Mining Company.

Under the Gulf of Guinea Shipping and Mining Company, a special subsidiary was registered to be responsible for the transportation company of Conero cement products, and the Conero Cement Group injected 20 million US dollars and took away 50% of the shares, so as to ensure that this part of the business is still absolutely in the hands of Cao Mo;

The Gulf of Guinea Shipping and Mining Company formed a new board of directors, and Guo Hongliang was elected as a director, serving as executive director and vice president, responsible for the development of new ocean shipping business.

At the same time, TK Securities will also issue a total of 1.5 billion yuan of trust products for a period of three years to acquire the corresponding ship assets, and the Gulf of Guinea Shipping and Mining Company has also promised to purchase these ships at a certain price limit after three years.

After the business has developed to a certain scale, with the help of Qian Wenhan, Ge Jun and others, it will be easy to raise direct financing in China, unlike now it is necessary to break through the bottleneck of capital shortage through trust funds and leasing.

At present, the biggest benefit of the Gulf of Guinea shipping and mining companies in the development of ocean shipping business is that they have signed strategic cooperation agreements with Dongsheng and Tianyue, as well as related small and medium-sized enterprises and small and medium-sized traders such as Lake Conero Industrial Park and Dracula Mohua Mall, so that they can fill up their business volume and not worry about development in a short time.

This time, Xie Sipeng also returned to Xinhai.

The international gold price once again rose ferociously to more than $800 per ounce, and there is even a further upward momentum, Xie Sipeng mined placer gold in Mangba, it can be said that he made a lot of money, but he still couldn't help but have a lot of loss in his heart.

The resources of placer gold are always limited, as long as a mine invests enough machinery and equipment, it does not even take half a year to extract the resources, at this time, it will be relocated to find a new mine to continue to operate, and it will always be a shot to change places.

Even if the initial investment is large, the rock gold vein belt can continue to be mined for more than ten or even twenty or thirty years.

Xie Sipeng is engaged in placer gold mining this year, and the income is expected to exceed three million US dollars, which is a big income compared to the toss in previous years, but several placer gold mines under his personal name can be mined until the middle of next year at most.

And the other mines he contracted in Mangba were subcontracted to other gold diggers, and the management fees he could receive were actually very limited.

After the sale of the Jonai gold mine to Ibogu Mining, Cao Mo invested 20 million US dollars to open up a new rock gold mine, and when the gold price was low, there was basically no profit at all, but now there are more than 8,000 ounces of gold mining per month, and the monthly net profit is as high as 2 million US dollars, which can be said to be amazing.

The gold mining capacity of Ibogu Mining has steadily increased to 40,000 ounces, with the addition of two new mining volumes in the middle of the year, the Emerald Hill mine in Akwa has officially entered the mine construction, and the technical upgrading of another gold mine in Benin can be completed before the Spring Festival, and the monthly gold mining volume is expected to increase to 60,000 ounces in the first half of next year, even if the international gold price remains at the current level, the annual income of Ibogu Mining may break through a record of nearly 200 million US dollars.

Although Yang Deshan's shareholding in Yibogu Mining has been reduced to 2%, his income in Yibogu Mining is no lower than his.

And that's not even counting the added value of the shares of Ibogu Mining itself.

After the placer gold mine is mined, except for a bunch of second-hand machinery and equipment, there is nothing left, Yibogu Mining has entered a benign and stable development, Yang Deshan holds 2% of the shares, and someone is willing to take over at a price of 10 million US dollars or even higher at any time.

Purely in terms of personal net worth, Yang Deshan may be comparable to him, but in 04 or 05, Xie Sipeng already had a net worth of 30 or 40 million in his hands, and Yang Deshan only had a few dollars in his hands at that time?

Xie Sipeng doesn't want to compare with Cao Mo and Qian Wenhan now, although his personal relationship with Yang Deshan has always been very good, he still can't help but have a sour feeling in his heart.

When it comes to shipping and mining companies in the Gulf of Guinea, Xie Sipeng is also very emotional.

Cao Mo found Gallon Targaryen, and then the Gulf of Guinea shipping company, and the first move was to buy the ore ship in Xie Sipeng's hand and open up the internal route between Akwa and Kanem.

At that time, Xie Sipeng recovered $7 million in cash, and Cao Mo also hoped that he could put the money into the Gulf of Guinea shipping company.

Xie Sipeng hesitated, and then watched as the Front for the Promotion of Democracy assisted the Saweiyi authorities in thwarting the coup plot, and the Gulf of Guinea shipping company had a near monopoly on the coal trade between Akwa and Kanem.

After the merger of shipping and mining trading companies, although there was no practical breakthrough in the iron ore business, the coal trading and transportation business alone provided tens of millions of dollars in revenue for the shipping company in Guinea Gulf this year.

Compared with the net income of the Guinean Gulf Shipping Company in 07, which may be as high as 20 million US dollars and the current net assets of up to 70 million US dollars, Cao Mo's initial offer to Xinganglian, the equity transaction reached with Qian Wenhan, and the sale of 10% of the equity to Guo Hongliang's gang this time, are actually quite cheap.

However, this is also the preferential treatment that Cao Mo gives to strategic partners.

It is impossible for Xie Sipeng to participate at this price.

This is actually very simple, Qian Wenhan's joining can bring a lot of resources to Cao Mo, and this cooperation is promoted by Qian Wenhan, and the participation of Guo Hongliang's team can directly develop the ocean shipping business and bring the Gulf of Guinea shipping and mining into a new stage of development.

Although Xie Sipeng can now come up with 10 million US dollars, Cao Mo is not so short of money now; the Gulf of Guinea shipping and mining companies are hungry for funds, and with the support of Qian Wenhan and Ge Jun, they have been able to break through with a new model, and the cash in Xie Sipeng's hands is no longer enough.

In addition to $10 million, what else can Xie Sipeng bring to the Gulf of Guinea shipping and mining companies?

Xie Sipeng rushed back to China this time, he still hoped to get involved and do something, but Cao Mo pulled Shen Ji and the others to accompany him to eat, drink, and go to the night club, and there was no way to express any attitude for the time being.