Long Yunkai interjected at this time and asked, "Have you made futures copper?"

Li Xin said: "I bought a little bit before, and now I have closed the position. ”

Long Yunkai said: "That should be making money, this round of rally is amazing." ”

Li Xin asked: "Mr. Long, non-ferrous metals have risen well this round, what about you, and how have the prices of ferrous metals risen?"

Long Yunkai said: "Steel prices are also rising, but compared with non-ferrous metals, the increase is much smaller. ”

Li Xin listened to it and thought secretly: copper prices have been rising in the past two years, and the increase is 150%, Long Yunkai said that the price increase of steel is much smaller than the increase in copper prices, even if the increase in steel is only 1/3 of the increase in copper prices, or even 1/4, it is about 40%, which is also quite amazing.

So he said: "As long as the price rises, your steel mills can produce hundreds of thousands of tons of steel a year, so the profit of the next year is not great!"

Long Yunkai said: "In the past two years, the market has been good, and the steel is really not worried. ”

Li Xin said: "I remember you said that you produce all construction steel, right?"

Long Yunkai said: "Yes, in the past two years, the infrastructure has been very strong, and construction steel is always in short supply. ”

Li Xin sighed: "You produce hundreds of thousands of tons of steel every year, and now the products are in short supply, and the price is in the process of rising, then your steel mill is equivalent to a money printing machine!"

Long Yunkai smiled and said with great ambition: "Not only hundreds of thousands of tons, but more than a million tons, the profits are so-so." ”

Li Xin said puzzledly: "Your steel mill is so profitable, and if you don't stay in the steel mill and soak in the big room of a securities company all day long, isn't this not doing your job? The money you make by racking your brains here cannot be more than the profit of the steel mill, isn't it? If you are not careful, you will lose money, and it is not cost-effective." ”

Long Yunkai said: "The things in the factory are too complicated, I invited a factory director, and handed them all over to him, how can I care about that." ”

Li Xin smiled and said, "Then you spend all day speculating in stocks and playing mahjong?"

Long Yunkai said: "Yes, look around to see if there are any other opportunities." ”

Li Xin said: "You are comfortable this day, remember to squeak when you see any opportunity, and we will also go and have a good time." ”

Long Yunkai said: "Eh, look at what you said, I only know steel, I don't know anything else, I have to ask you for other opportunities, for example, you just made money on futures copper, I don't understand this, don't I?"

Li Xin said: "It's also a coincidence that I'm here, let's talk more in the future and communicate with each other." ”

Wang Minghui interjected at this time and said: "Li Xin, what you said is right, come here to talk more when you have nothing to do, one of you understands ferrous metals, the other understands non-ferrous metals, I don't understand anything here, if you have the opportunity, I will also follow some light, isn't it?"

Li Xin said: "No problem, let's talk more when you have time, maybe you have a chance over there." Have you forgotten? You first told me about this opportunity. ”

Wang Minghui sighed and said: "Alas, don't mention it! I was the first to go in and the first to come out, and I was so happy that I earned one or two thousand yuan per ton, and I would think that it would continue to rise by eight or nine thousand yuan!"

Li Xin persuaded: "As long as you make money, it doesn't matter how much, haven't you heard from others? ”

Although Wang Minghui's words were so, after Li Xin himself listened to Long Yunkai's words, he couldn't help but secretly think in his heart: The production scale and demand of ferrous metals are dozens or even hundreds of times that of non-ferrous metals, and now the price of steel is still rising, and the price of copper should not stop for a while. As the owner of the steel mill, Long Yunkai can feel that the expansion of infrastructure is a great driving force for the demand for ferrous metals, which shows that this demand does exist, and this demand is also the fundamental reason why he was bullish on copper prices at the beginning.

Driven by such a large market demand, with such a large production scale of ferrous metals, its price rise is still in the ascendant, so will the rise in copper prices end here?

Reminiscent of the last round of copper prices, after breaking through the round number of 60,000 yuan, immediately fell to 5,000 or 6,000 yuan, back to around 55,000 yuan, but recently rose from 55,000 yuan to around 63,000 yuan.

This shows that the rally in copper prices should not be over, otherwise, from the historical high of 60,000 yuan, why was it pulled up again and broke through the previous high?

If the price of copper really wants to fall, starting from 60,000 yuan, it should not be pulled up again.

Li Xin is now beginning to regret that he sold his futures copper a little early, and if he wants to say that the remedy is just around the corner, that is, he will continue to buy and open positions in this year's far month contracts.

Although he thought so in his heart, he thought about the copper price of more than 63,000 yuan in front of him, compared with more than 30,000 yuan a year ago and more than 20,000 yuan two years ago, he really felt that this price was already a little too high, and he was worried that he would buy it on the top of the mountain as soon as he entered the market.

Compared with Li Xin's hesitation, Jin Changxing is more determined.

After carefully studying the minutes of management meetings over the past year, Kim Changxing came to the conclusion that copper prices are not going to fall and are likely to continue to rise.

After making such a judgment, Jin Changxing immediately felt that there was a bright light in front of him.

You must know that he came to the Southern Group to be the new chairman of the board of directors under tremendous pressure, first of all, the copper price is at a historical high, whether it will continue to rise or turn around in the future, this is uncertain.

If copper prices fall like this, sales profits will certainly shrink significantly for a production-oriented conglomerate like Nanfang.

Second, the previous chairman Liu Zhongzhou left a mess for Jin Changxing to clean up, if in the year he took office as the new chairman, copper prices fell sharply, sales profits shrank, there is no way to immediately make up for the loss of more than 300 million caused by Liu Zhongzhou, his first year in office will be more ugly.

Fortunately, God bless, he just took over as the new chairman, the copper price began to rise from the position of 55,000 yuan, so far, the new profit has been very considerable, if the future copper price according to their own judgment in the high level is the norm, and there is a chance to continue to rise, then the next year their own business performance will be very dazzling.

Thinking about it this way, Jin Changxing suddenly felt that it was a very wise decision for him to agree to take over as the new chairman of the Southern Group. Because many people persuaded him not to come at that time, everyone saw that the former chairman lost more than 300 million yuan within a few months. Outsiders do not understand the inside story, and taking over such a group will face many unfavorable factors, and if they are not careful, it will have a very negative impact on their future.

Fortunately, I didn't listen to them at the beginning, and now it seems that the Southern Group is really a golden doll, and whoever holds it in his hand is blessed.

Sure enough, as Jin Changxing expected, the copper price in 60,000 ~ 63,000 such a box for a long time, just when the copper price returned to the 60,000 yuan integer mark, many people thought that the long-term market must fall, this round of rally has ended, copper prices began to slowly push upward.

By the beginning of March, the copper price approached the position of 63,000 yuan, and then began a round of rapid rise, especially unexpectedly, on March 24, 26 and 27, the three trading days were closed with a daily limit, and the closing price on the 27th reached a record high of 69,720 yuan!

In the face of such a historical opportunity, Jin Changxing could not sit still. He began to look at the raw materials, looking for suitable mines to buy, because according to his careful research and analysis, the raw materials were the most profitable things. Of course, it is also profitable to smelt copper ore into copper, but it takes a long time to build a new smelter, the investment is large, and the results are slow.

However, the acquisition of mines is different, according to the current copper price, by the end of this year, the group's total profit for a year is quite high, as long as there are suitable mines, the price is right, it is not difficult to raise funds to take down. As soon as the funds are in place, the new mine will be able to produce copper as soon as it is acquired.

Even if the new copper ore cannot be consumed by its own existing smelter, it is very profitable to sell it as raw material to other smelters.

At this point, his vision is strikingly similar to Liu Zhongzhou's.

Once this idea came out, it gradually took root in his heart and continued to spread.

After some careful consideration, at a management meeting in early April, Kim Chang Heung Ho expressed his idea: "The current situation can be said to be a great thing for us, and the smelter and sales company should seize the opportunity to produce more, sell more, and maximize profits, which is the most important thing at present." ”

He stopped to take a sip of water, and then said: "This year has just passed 1/4, but the sales situation is better than the first half of last year, I estimate, if there is no unexpected situation, the total profit completed in the first half of this year can exceed the total profit of last year." In such a good situation, should we just lie on the merits and sleep and not want to make progress? Of course, we can't do this, we should seize the current favorable opportunity to continue to expand the business of the group and expand the scale of the group, and this is what we should consider most at the moment. ”

Seeing that everyone at the venue was staring at him intently and listening quietly to his speech, Jin Changxing asked: "I want to hear if you have any new ideas about expanding the scale of the group and expanding the business of the group?"

For the current good situation, not only the group executives like Jin Changxing and Xue Chenzhi can see it, but even the ordinary employees are happy in their eyes, and everyone understands in their hearts that the salary and bonus are increasing every month, and by the end of the year, the amount of bonuses is also indispensable.