Last year, Liu Zhongzhou was bearish on copper prices, so he sold and hedged the copper produced, which caused a loss of more than 300 million yuan. Now Jin Changxing is bullish on copper prices, Xue Chenzhi can't think of any harm to him in such a view, unless Jin Changxing buys and opens a position in the futures market, which will make Xue Chenzhi have a shadow psychologically, after all, the loss in futures last year is still fresh in his memory.

So he nodded at Jin Changxing and said, "The chairman has a point, and I agree." ”

Jin Changxing continued: "Everyone here knows that at the current price of copper, the profit for every ton of copper produced by our group is quite high. The fundamental reason for this is that we have our own mines, and we are self-sufficient in all the copper needed by the smelters, which makes our cost per ton of copper very competitive. We have just analyzed and believe that the price of copper will continue to rise, so where to start by seizing this powerful opportunity to expand the scale of the group? I think the most feasible thing is to focus on acquiring new mines. ”

After listening to this, Xue Chenzhi couldn't help but nod secretly, he was most familiar with the production process, and he was also the most familiar with the cost composition per ton of copper.

Xue Chenzhi's actions did not escape the eyes of Jin Changxing, who had been paying close attention to the expressions of everyone in the entire venue, and he immediately said while the iron was hot: "Regarding this point, I think Vice President Xue knows and understands it best. The mines previously acquired by the Group have brought great profits to the Group in the process of this round of copper price increases, and enhanced the Group's competitiveness. Now that we are judging that copper prices will continue to rise, we can replicate the previous successful model and acquire new mines again to lay a solid foundation for the Group's future growth. ”

He stopped to take a sip of water, and then continued: "I carefully studied the group's production reports over the years, and found that the cost per ton of copper was actually high before the group was completely self-sufficient in the copper ore it needed, right?"

After seeing Xue Chenzhi nodding in response, he turned to the crowd and said, "But since the last time the group acquired the mine, the copper ore required is completely self-sufficient, and the cost per ton of copper has dropped significantly. From this point of view, having a larger scale of mines is the most fundamental prerequisite for the expansion of our Southern Group. Raw materials are not a problem, and it is possible to expand the scale of the smelter in the next step in the future. Even if the scale of the smelter cannot consume the copper ore produced by the new mines for a while, it is very profitable to sell these copper ores on the market. Otherwise, without the support of the corresponding mines, the expansion of the group is an empty word, and it will become a rice cook. ”

Jin Changxing's words made Liu Zhongzhou, who was sitting on the side, feel more comfortable.

Everyone here knows that the last time the Southern Group acquired a mine was Liu Zhongzhou's suggestion. Although Liu Zhongzhou's operation in the futures market has caused huge losses, the flaws are not concealed, just like Jin Changxing said, that acquisition of the mine has laid a good foundation for the development of the Southern Group today, and Liu Zhongzhou should take the lead in this matter.

Liu Zhongzhou thinks back to his investment in mines and his investment in futures, both of which are his large-scale operations in the past two years. In terms of effort, the latter made him even more worried and worried, but in this way, the investment still ended in huge losses.

On the contrary, the investment in the mine seems to be inadvertent, and it did not cost him too much effort, but now it has brought huge benefits to the group and laid the most solid foundation for the group's current development.

Liu Zhongzhou sighed secretly in his heart and sighed: Success and failure are not transferred by human will at all. The key is that if you don't see the general trend right, if you see the general trend right, then you will get twice the result with half the effort, and if you see the general trend wrong, you will go further and further on the fork in the road.

Although Jin Changxing is his political enemy, he does not have any good impression of Jin Changxing, but when it comes to Jin Changxing's proposal to acquire new mines, Liu Zhongzhou also feels that it is feasible in his heart.

Finance Minister Zheng Guorui asked at this time: "Chairman, of course it is good to be able to get a new mine, but what is the capital demand here, and how to solve the acquisition funds?"

Jin Changxing said: "There is no clear goal at the moment, so you might as well pay more attention to see if there are any good mines to start with." As for the scale of funds, I think a better mine will cost more than a billion if it wants to take it down, and these funds can be raised within the group 1/3~1/4, and the rest of the funds still have to be borrowed from the bank to find a way. ”

Seeing Zheng Guorui's face embarrassed, Jin Changxing said: "The bonds that are about to mature in the group will have 300 million funds after they are cashed, and it will not be a problem to find a way to make up 2~3 billion, right? Now that the price of copper is rising, copper mines are hot, and banks should be happy to use the ownership of the mines as collateral. ”

Zheng Guorui thought about it, wasn't this how the last mine was won?

Jin Changxing's words also aroused Li Xin's contemplation; as soon as Jin Changxing made the judgment that the price of copper would continue to rise, Li Xin began to ponder what kind of idea Jin Changxing was making? Later, when he heard that he wanted to expand the scale of the group and expand the group's business, Li Xin listened attentively to see what new suggestions he would put forward.

Because in the process of this round of copper price surge, Li Xin has made a lot of money, although he no longer has a position in futures, he has still been paying close attention to price fluctuations.

He subconsciously believed that after such earth-shaking price fluctuations, there must be other investment opportunities in copper-related industries, but he has not yet discovered it.

He now has so much money in his hand, except for the sporadic purchase of more than 2 million yuan of stocks in the stock market, most of the other funds are idle, just like he told Yuan Jie, he doesn't know what to invest in now.

He was anxious to find an investment project, and after listening to Jin Changxing's suggestion, his heart suddenly moved: maybe he was right, if copper prices continue to rise in the future, the investment value of copper mines is obviously very high.

But if it is invested in mines, Li Xin is a little confused.

Not to mention his lack of detailed knowledge of mines and copper mines, his knowledge in this area is very lacking, and even the scale of funds is stretched.

If his tens of millions of funds are invested in stocks or futures, they can be regarded as a lot of money. But if he invests in mines, his funds obviously have no effect on the scale of investment of billions or even billions.

Another point, even if the scale of funds is not a problem, for a long-term investment project like a mine, Li Xin has no bottom in his heart, once such an investment project is entered, when he wants to exit, whether it can be realized in time is a big problem.

Therefore, as soon as he thought of this, Li Xin, who was very familiar with the rules of stock and futures trading, but lacked operational experience in the industry, immediately retreated.

He secretly thought in his heart, even if the copper mine will be very profitable, I am afraid it is not suitable for him, he is not good at dealing with all kinds of people by nature, such a project may be a good project for ** lakes like Jin Changxing and Liu Zhongzhou, but he may not be able to cope with it.

Xue Chenzhi has always raised his hands in favor of any move to expand the scale of the group. He himself is the vice chairman, and the scale of the group has expanded, so his own sphere of influence has expanded, and this reason is very simple.

Especially when he heard Jin Changxing say that the first step in expanding the scale of the group was to acquire mines, he couldn't help but be secretly happy, which was an indirect good news for him.

Because after the scale of the self-owned mine expands, the next step is to expand the scale of the smelter and earn more smelting profits. Otherwise, these mines were purchased only to sell copper ore, and the vision would be too short-sighted, unless Jin Changxing was blind.

And once a new smelter is expanded or built, it will be much more powerful for you, the director of the smelter.

But there is one thing that he is still very unhappy about, that is, Jin Changxing said that the acquisition of mines requires internal fund-raising.

The smelter in his own hands is a large account of the group's internal capital occupation, and when Liu Zhongzhou operated on the futures last year, it was the idea of his own smelter to raise funds internally.

Now Jin Changxing has once again proposed raising funds, which is nothing more than to find a way from himself. According to Jin Changxing, there can be 300 million funds after the bond is cashed, and the other 300 million funds need to be raised within the group, so how can the smelter have to be spread to a scale of 100 million.

Although Xue Chenzhi didn't feel good about asking for money when he mentioned it, but after thinking about it, after investing this money, the benefits in the future will still be great, especially this is the money invested in the mine, which seems to be much more reliable than Liu Zhongzhou's money invested in futures, at least it will not lose money, which makes him worry all day long. Thinking of this, he didn't squeak.

Seeing that several of his senior officials did not raise any objections to his proposal, Jin Changxing said: "Since everyone thinks that this proposal is feasible, let's settle it like this for the time being, and as for the target of investment, we can pay more attention to it, and put it forward if we find a good mine." After the specific goals are set, we will continue to meet and study the details such as the scale of investment and fund raising, okay?"

Xue Chenzhi said: "Okay, this is very good. ”