Ma Tianming said with some embarrassment: "There has to be a process for selling sugar, and it will take at least 10 days and half a month to sell all these sugars." What do you think the price of sugar will be at that time?"

Li Xin said: "It's hard to say what level the sugar price will reach in half a month. Didn't I tell you? You can lock in the risk in the futures market. ”

"It's easy for you to say, 5,000 tons of sugar is 500 lots, and it costs at least 5,000 yuan to sell one lot, right?"

"Yes, the funds required for shorting a lot should not be less than 5,000 yuan. ”

"That means that if I sell all the 5,000 tons of sugar short in the futures market, I need at least 2.5 million yuan. If there is a little more available funds left on the books, this operation of selling and hedging needs at least 3 million yuan. Where can I find this 3 million yuan?"

Li Xin was a little unconvinced: "Is the capital of your sugar sales branch so tight?"

"What do you think, we were raised by our stepmother, and it's not bad to have this scale now!" Ma Tianming said angrily.

"But now it's a special situation, you can apply for this emergency fund from the chairman. With such a big family business as the Southern Group, can't you squeeze out the 3 million yuan in order to save the emergency?"

Ma Tianming let out a long sigh: "Alas, this matter is a long story, I better hurry up and find a way to sell the goods easier." Gone, you're busy with yours. ”

After Ma Tianming left Li Xin's office, he did not immediately call Lin Li and the other district managers to sell sugar immediately, as he said. He also had a sense of luck, and he didn't want to believe that sugar prices would fall in a season when sugar prices should continue to rise in previous years.

But the price of sugar is the opposite of what he expected. By 2:10 p.m., sugar prices began to fall rapidly, falling from 3,860 yuan to 3,830 yuan in just 10 minutes.

Ma Tianming watched the price of sugar getting lower and lower, and couldn't help but gasp: Could it be true that what Li Xin said about the return to light?

Before he came back to his senses, the price of sugar tossed back and forth at 3,830 yuan for 5 minutes, and then began to fall more sharply, falling from 3,830 yuan to the falling limit in just 5 minutes, and the price was 3,770 yuan.

After that, the price of this falling limit lasted until 3:00 p.m., and the closing was not opened again.

Ma Tianming was completely stunned at this time!

Just now, in the process of the rapid decline in sugar prices, Li Xin's suggestion flashed in his mind, which was to quickly sell short in the futures market and lock in losses. But that thought was only a fleeting thought, and he was worried that after he really made the operation of selling and hedging his value, if the price of sugar rose again, he would not be a person inside and out.

At this point, the most reliable thing is probably to sell out the sugar at the market price. But selling sugar is easier said than done. The purchase price of these goods in his hands is 4120 yuan, according to the current price of 3770 yuan, the purchase and sale price difference is enough to 350 yuan, and if you add some other expenses, the loss per ton of sugar is 400 yuan. A total of 5,000 tons of sugar, in just one month, the total loss reached 2 million yuan.

Although this loss is calculated according to the futures price, Ma Tianming knows that the inversion between the cost price and the sales price of the goods shipped to the sales area is estimated to be similar to this figure.

He picked up the phone weakly and called Lin Li: "Have you seen today's futures price?"

Ma Tianming didn't say anything to start selling, and Lin Li and the other district managers stayed in the various offices in the sales area and were bored, and there was nothing else to do except look at the futures price all day long. When he received Ma Tianming's call, Lin Li was sitting in front of the computer, and the plummeting futures price made him full of resentment. ”

"It seems that the price of sugar can't go up, so you should start selling it quickly. ”

"Is it just sold at the market price?"

"Yes, as soon as possible. ”

After putting down the phone, Lin Li couldn't help but complain: "Now that you have a loss of more than 400 per ton, you are going to sell it categorically, why did you go earlier?"

After receiving Ma Tianming's instructions, the managers of various districts began to sell the cane sugar in their hands according to his instructions, and they sold all the way, and the price of sugar fell all the way.

By July 3, the lowest point of sucrose futures prices fell to 3,610 yuan. It was at this time that all the sucrose sent by Ma Tianming to various sales areas was sold. According to the actual sales price of various places, Ma Tianming's loss of 5,000 tons of sugar is far more than 2 million yuan.

This loss hedged all the profits he made in the first wave after the Spring Festival. This is also a blessing in misfortune, if it weren't for the money earned in the first wave, Ma Tianming's entire company would have lost more than 2 million now.

When Jin Changxing heard the news, he took Huang Hongliang and Ma Tianming to his office and said angrily to them: "What did you do? Didn't you say that the situation of sugar sales this year is very good? Why are you losing money again now?"

Huang Hongliang was also full of anger in his heart, he thought that he had received it on behalf of others. That's right, Ma Tianming is his subordinate, and the sugar sales business is also under his own control. But that is only in name, and Ma Tianming is fully responsible for the specific operations, not to mention himself, no one in the other executives in the Southern Group is willing to touch that piece of business.

In fact, everyone knows this, but now that something has happened, he has to accompany Ma Tianming to be criticized. He glanced at Ma Tianming and motioned for him to answer Jin Changxing's question.

Ma Tianming replied in a hoarse voice: "It was my mistake in judgment, and the responsibility lies with me." ”

"Is it over you that one sentence is responsible?" Jin Changxing asked coldly.

Ma Tianming didn't know what Jin Changxing would do with him, so he didn't dare to answer.

Jin Changxing glanced at Ma Tianming and Huang Hongliang, and asked Zheng Guorui, the Minister of Finance sitting on the side, "How much have they lost this year?"

"Is there a sugar business?" asked Zheng Guorui.

"Hmm. ”

Zheng Guorui looked at the statement in his hand: "Not counting the expenses of wages and various expenses, just the two businesses this year have lost 470,000 yuan." ”

Jin Changxing glanced at Ma Tianming, who was stunned, and suddenly had a sense of disgust, he waved his hand at Ma Tianming and said, "You go down." ”

Looking at Jin Changxing's disgusted face, waving his hand to let himself out like a fly, Ma Tianming, who was humiliated in public, was swollen and red, he stood up and said, "Chairman, then I'll go out." ”

With that, he opened the door and went out. Although he was also dissatisfied in his heart, he knew that he had no chance to defend himself at this time. Of the four people in the room, the other three were laughing at themselves, and the longer they stayed here, the more humiliating they were.

At the moment when Ma Tianming got up, Huang Hongliang instinctively wanted to stand up. Seeing this, Jin Changxing raised his hand: "You stay for a while." ”

"Okay. Huang Hongliang said, feeling apprehensive. He couldn't figure out why Jin Changxing let Ma Tianming go, but kept himself. To be honest, although Ma Tianming also reported to himself later about this matter, he still hasn't fully understood the details. If Jin Changxing wants to understand the details and hold him accountable, Ma Tianming is the person concerned, and he is the first choice, so why did he let him go but left him behind? Ma Tianming is not there, and he cannot explain many things.

After Ma Tianming went out, Jin Changxing said: "Do you think it is necessary to keep the sugar business?"

When Huang Hongliang heard this, he understood the reason why Jin Changxing asked Ma Tianming to avoid it. But this issue is very important, and he doesn't know what Jin Changxing thinks in his heart, so he doesn't dare to speak rashly.

However, Zheng Guorui saw that there was a little cold in the room, so he asked: "Chairman, if the cane sugar business is cancelled, what will happen to those people in the cane sugar branch? Personnel placement is a big problem." ”

Jin Changxing did not answer, and continued to ask Huang Hongliang: "These people are under your control, what do you think? ”

Huang Hongliang was speechless for a while.

When the Southern Group merged with the sugar company, it was because they had nothing to do with the non-ferrous metal business, and all departments of the Southern Group regarded them as an alternative and a burden, and everyone was afraid to avoid them. There was really no way to settle them, so they were allowed to continue to run the original unprofitable cane sugar business, and they were hung under Huang Hongliang's sales company.

Although the personnel and business of the cane sugar branch are within his jurisdiction, Huang Hongliang almost never asks about them, as long as Ma Tianming does not cause big trouble, he is happy to be the shopkeeper.

But now it's different, Ma Tianming hasn't made money for several years in a row, and he has made such a big loss just over half of this year, listening to Jin Changxing's words, it seems that he wants to solve the problem of eating for these people in the future, which makes Huang Hongliang very anxious.

He spread his hands and said: "Chairman, what can I do? My side is also overcrowded, and now the efficiency is not good, and they don't understand the non-ferrous metal business. ”

Huang Hongliang found this reason in a hurry, so that Jin Changxing had to consider it. Smelters and sales companies are now the largest revenue generators for the entire group, and if the performance of the sales companies is really affected, the life of the whole group will be even more difficult.

So Jin Changxing said: "If you can't digest it, then break it up and divert it to various companies." ”

Huang Hongliang asked, "Will you do it right away?" He knew that this business was still under his hands, and if he really wanted to dismiss them, he would have to do the plan by himself, so he wanted to ask what Jin Changxing thought.

"Don't worry, just keep this in mind, and then talk about it in two or three months, and then you have to come up with the resettlement plan for me." ”