Chapter 276: Don't stand still

But when it comes to expanding the group's business and expanding the scale of the group, such things are not easy to say!

Last year, Liu Zhongzhou's operation in the futures market can also be said to be a move to expand his business and expand his scale, but what was the result? Instead of making money, he lost more than 300 million yuan.

Therefore, after listening to Jin Changxing's question, all the people attending the meeting looked at each other and did not know how to answer.

Jin Changxing smiled, he glanced at the silent venue, and said: "This question seems to be a little too difficult, then let me change the question, how do you think the copper price will go in the future?"

He thought it was a simple question, but it was more difficult to answer in the eyes of the participants than his previous question.

Because the first question he raised, in fact, is both big and empty, if you really answer this question, everyone can put forward some marginal projects, as for whether the group will implement such a project in the future, that is a later story, without a few rounds of serious research and analysis, there will be no results at all.

But now that he asked about the judgment on the trend of copper prices, this question is very realistic, if you think it will go up or down, then you should immediately make a corresponding decision on sales or production.

Liu Zhongzhou's huge mistake last year was, in the final analysis, not a misjudgment of prices?

Therefore, after Jin Changxing's question was raised, everyone was even more speechless, and they did not dare to express their judgment easily.

Jin Changxing saw that the meeting was about to be cold if it continued like this, so he named and said: "Li Xin, your job is to do market analysis and price judgment, as a member of the meeting, can you tell me what the price trend will be in the coming year?"

Li Xin, who was sitting in the farthest corner of the conference table, was stunned for a moment, he never thought that Jin Changxing would be the first to get up and speak by himself at this time, because his current identity is no longer the assistant to the chairman, just like Jin Changxing said, he is only a member of the meeting now.

The purpose of having him participate in this meeting is to meet the technical or price needs of other personnel.

But now Jin Changxing immediately let himself be the first to put forward his views on the price at the meeting, which even in the past when he was still the assistant to the chairman, Liu Zhongzhou rarely bore the brunt of the first to answer questions like this.

Li Xin didn't know what kind of medicine was sold in Jin Changxing's gourd for a while, he hesitated for a moment and said: "I really can't say for sure, even if the demand in the market is relatively strong now, and the price has the strength to continue to rise, but at present, this price is already the highest position in history, compared with two years ago, it has risen more than twice, so even if it is bullish, we must pay attention to the risk of a sharp decline." ”

Jin Changxing said with some disappointment: "You were the first to be bullish on copper prices, why are you holding back now?"

Li Xin smiled slightly and said: "When I was bullish, the copper price was still below 40,000 yuan, and now I really can't see this price, otherwise I wouldn't have closed all the positions around 55,000 yuan." ”

Jin Changxing said: "I agree with the reason why you were bullish on copper prices at the beginning, that is, compared with a few years ago, the current market demand has changed, and strong market demand will push copper prices to continue to rise." You now think that the price of copper of about 70,000 yuan is already very high, but according to my opinion, there is still a lot of room for the price to rise in the future. ”

As soon as Jin Changxing said this, several people in the venue secretly looked at Liu Zhongzhou, who was sitting silently on the side.

Jin Changxing reminded Li Xin of the reason why he was bullish on copper prices at this time, undoubtedly because he was exposing Liu Zhongzhou's scars in public, and everyone wanted to see what kind of expression Liu Zhongzhou was at this time.

Although Jin Changxing's words were suspected of embarrassing Liu Zhongzhou in public, he really didn't deliberately want to do so, the reason why he said those words was to use Li Xin's original judgment to serve his own topic.

In order to explain his suggestions to the people attending the meeting, Jin Changxing knew that he had to make these people believe in his judgment on copper prices, and the most fundamental reason for the rise in copper prices was Li Xin's original judgment.

These people in front of them are all witnesses of the hedging dispute at the management meeting, and throwing out Li Xin's judgment will make them immediately recall the beginning and end of this matter, and they don't need too many words to reflect on what kind of stakes will be brought by the right and wrong judgment of copper prices from the bottom of their hearts.

No matter from which point of view, throwing out Li Xin's original judgment on the reasons for the rise in copper prices has a multiplier effect on the topic below him.

So Jin Changxing started from his own overall situation, and immediately said the above words, he didn't care at all that after such words came out, there was an invisible effect of raising the image of Li Xin as a small person in public, and there was also a suspicion of suppressing and belittling Liu Zhongzhou.

Because in his heart, Li Xin was originally a small person, no matter how he lifted him, he couldn't turn up the big waves, and Liu Zhongzhou was already a yellow flower in the past, so he didn't have to worry about what he would think in his heart.

At this time, Liu Zhongzhou's eyes were lowered, and he looked at the notebook in front of the desk without saying a word.

Jin Changxing's words embarrassed him, but at this time, he had lost the ability and confidence to fight back in public.

Since being demoted to the current position of deputy general manager who only has a fictitious position and no real power, Liu Zhongzhou has almost been distraught, and every time he participates in such a meeting, he only listens and does not speak. He also knows in his own heart, with his current identity and the mistakes he caused in the past, no one will listen to what he says.

He was also a prince who monopolized power, recalling that when he was in the position of chairman, he was also a commanding envoy like Jin Changxing, and he had considered the psychological feelings of his subordinates.

With his current state of mind, he felt the kind of official level crushing people to death, and there was an indescribable feeling of bitterness.

In addition, the current copper price of nearly 70,000 yuan also made him speechless.

When the copper price fell from 60,000 yuan to about 55,000 yuan, Liu Zhongzhou, who was unwilling, complained that God did not give him a chance, and he was still fantasizing that if he was still in power, the copper price would start to fall from 60,000 yuan, and he could make up for the previous losses and save his face by selling and opening a position again.

However, the price of copper did not continue to fall as he hoped, but turned around and rose to the current high of about 70,000 yuan. Such a price trend completely shattered the illusion that still existed in Liu Zhongzhou's heart.

It was only at this time that he completely admitted his defeat from the bottom of his heart.

Twice, when he couldn't sleep all night, he was secretly glad in his heart that he wanted to make a desperate bet at the end of October and early November last year, and continued to sell and open positions in the contracts in the second half of this year, so as to recover the losses of more than 300 million, but he listened to Li Xin's advice and did not continue to sell and open positions.

Otherwise, the plan to sell and open a position again will not only not be able to recover the previous losses, but will continue to bring losses of two or three hundred million, if that is the case, he may not even be able to sit in the current position.

Therefore, although Jin Changxing's words just now made Liu Zhongzhou's face hot, he did not have the confidence to make any defense.

After Jin Changxing finished speaking, Huang Hongliang nodded and said: "I also think that the price of copper should continue to rise!" He really didn't echo this and pat Jin Changxing, the new chairman, on the back of the ass, but the current momentum of the rise and the reality of the market in short supply gave him such confidence.

As soon as Jin Changxing heard that Huang Hongliang agreed with his opinion, he immediately said: "Hey, that's it! It is said that the market has an invisible hand, and this hand is pushing the price up and down. Think carefully about what the infrastructure market and the real estate market were like three or four years ago, and what is the situation now. If we add in the upgrading of the consumption of buyers after moving into the new houses, how much copper consumption will be brought about by household appliances alone? How much has the consumption of copper increased compared with that of three or four years ago? This is the fundamental reason why the price of copper has not stopped rising until now! How much new consumption will there be in four years compared to now? If you think about this question clearly, you will know what will happen to copper prices in the future. ”

In order to explain the reason for the rise in copper prices, Jin Changxing almost copied all the reasons why Li Xin explained that copper prices would rise. If he hadn't brought up these topics again at this time, Li Xin himself would have almost forgotten what he had said at the beginning.

After Jin Changxing finished speaking, he turned to Xue Chenzhi and said, "Are you right, Vice President Xue?"

Xue Chenzhi's life is better now than Huang Hongliang's days, he now looks at the yellow and clear copper produced by the smelter every day, as if looking at a piece of golden gold, as soon as these copper are sold, they can exchange a lot of money for him, to be honest, these copper are not much different from gold in his heart.

The topics that Jin Changxing just mentioned did remind him of the setbacks that the group encountered when Liu Zhongzhou was the chairman.

If it weren't for Liu Zhongzhou's mistake in judging the price, he, the director of the smelter, would not have been so entangled and hesitant in the second half of last year, and the smelter's production efficiency would have been much better than it is now.

From the bottom of his heart, Xue Chenzhi also feels that the reasons that Jin Changxing said now are very reasonable, even if he does not analyze the rights and wrongs of these reasons that Jin Changxing said, at least he is bullish on copper prices, which is a good thing for the smelter.