After a while, I heard the host say: "The following participants handed over a question, this question is to ask Mr. Wang of Western Copper, the question is this, according to the current copper price of 70,000 yuan, what is the profit per ton of copper in Western Copper now?"

After the host read this question, he smiled at Mr. Wang: "Mr. Wang, this question is very sharp, in fact, I wanted to ask this question at the beginning, but I didn't dare to ask, now it seems that there are many people who care about this question at the venue, do you want to answer it?"

After hearing this, Mr. Wang said with some embarrassment: "This question involves the trade secrets of the enterprise, and I am not good at answering this question very clearly, but I can say that the profit per ton of copper in the western copper industry is not the best in the industry, nor the worst in the industry, and it should be at the upper level of the midstream." ”

The host smiled: "I understand Mr. Wang's difficulties in facing this problem, and I am also amazed that Mr. Wang's answer is really official." ”

Mr. Wang explained: "In fact, this is a problem of the whole industry, and it is not very meaningful to entangle the profit margin of a certain enterprise per ton of copper. In the morning expert report has given very detailed statistics, what is the current level of profit per ton of copper in the industry, the report has been very clear. So according to the data given in that report, plus the answer I just gave, you can also preliminarily estimate what the profit per ton of copper in our western copper industry is, forgive me for saying so much. ”

The moderator said, "Okay, then let's move on to the next question." ”

Jin Changxing played such a trick, but he still didn't get the answer he wanted, and he was very frustrated.

He wondered whether the problem facing the Southern Bloc was a general phenomenon or an extreme one.

Anyway, in the current situation that everyone thinks is a good situation, Jin Changxing himself feels a little restless, those average data in the industry are useless to him, if the copper price does not reach a high level of more than 80,000 yuan in the future, then the problem faced by the Southern Group will be big.

The more Jin Changxing thought about it, the more frightened he became, even in the warm conference hall, his back couldn't help but feel a chill and a layer of cold sweat broke out.

No matter what kind of expectations the world is full of for the price of copper, it operates according to its own laws, and after a few days of entanglement at the integer mark of 70,000 yuan, it will fall without hesitation.

Half a month later, the price of copper fell to 64,400 yuan.

The rapid decline in copper prices caught Jin Changxing off guard, and he was now a little panicked when he had always firmly believed that the price of copper would not fall below 70,000 yuan.

In the first few days, watching the price of copper fall by several hundred yuan a day, Jin Changxing used the opinions of experts and industry executives at the recent seminar to constantly cheer himself up: it doesn't matter, if it falls below 70,000 yuan, it will be pulled back soon.

But the reality did not give him this face at all, and the price of copper was like a flood that broke the embankment, and it couldn't stop leaking down.

He couldn't have imagined that this mine, which was regarded as a big profit in the next few years a few months ago, could become a heavy burden of huge losses in the blink of an eye?

Now, even if he still has a trace of the idea that the price of copper will immediately return to more than 70,000 yuan, he doesn't dare to have much hope for this.

He knew very well in his heart that if it fell below 70,000 yuan, the decline was only 1,000 or even 2,000 yuan, and there was still hope for recovering the 70,000 yuan mark in a short time, but now the decline after breaking 70,000 yuan was 6,000 yuan, and it would be wishful thinking to recover such a big decline in a short period of time.

At current prices, the new mine will lose more than 100 million yuan and nearly 200 million yuan a year, and this figure does not include the interest on bank loans.

As soon as he closed his eyes every night, this huge loss figure kept coming to mind, keeping him awake all night.

After this situation lasted for a week, Jin Changxing couldn't hold it anymore, he went to the hospital to find a doctor to prescribe some sleep aids, after taking these medicines, the sleep effect at night has improved, but his head is groggy when he goes to work during the day.

When he saw that the side effects of these drugs were quite large, he was worried that long-term use would affect his health, so he did not continue to take these drugs. After a long time, he was haggard and had a look on his face, and his two eye circles were as black as pandas.

There are actually quite a few people in the company who have noticed these changes in him, but because Jin Changxing usually does not smile, looks high-minded, and does not have too much interaction with his subordinates, so these people under him are only secretly discussing this situation when they see him, and no one dares to take the initiative to ask him what is going on.

Seeing that there was no way to return to heaven, Jin Changxing, who felt that he could not support himself, summoned Xue Chenzhi, Huang Hongliang, Zheng Guorui and the mine manager of the new mine to his office to discuss whether to stop the production of the new mine.

Among the people attending the meeting, except for Huang Hongliang, the rest of the people had solemn faces.

But Huang Hongliang is different, he is smiling. The smile on his face that was innocent of a young man was extremely incommensurate with his age and status.

He smiled and smoked to everyone present, especially when he saw Xue Chenzhi who caught up from the smelter, he was even more smiling, looking like he was trying his best to please.

And Xue Chenzhi, who has a bright heart, has long seen through Huang Hongliang's psychology of being cheap and obedient, and has never looked at him properly.

But Huang Hongliang looked like an adult, and he didn't care about Xue Chenzhi's indifference to him at all.

After everyone sat down, Jin Changxing said: "The rapid decline in copper prices has led to a sharp drop in copper ore prices, and now the sales price per ton of new mines is very different from the cost price, and the inversion is more serious.

I hadn't seen him for more than a week, and Jin Changxing's haggard and tired appearance surprised Xue Chenzhi very much. In particular, Kim Chang-heung's weak appearance when he spoke was in stark contrast to the strong and domineering image when he presided over such meetings in the past.

Maybe Jin Changxing was too weak, or maybe he didn't think the things he was going to talk about next were not smooth, so he said to the mine manager of the new mine and Zheng Guorui: "You guys in the mine and the finance side will introduce the relevant situation in this regard. ”

Therefore, the mine manager and Zheng Guorui gave a detailed explanation of the current predicament faced by the new mine from their own perspectives in accordance with Jin Changxing's instructions.

This is the first time that these detailed figures have been released to anyone other than Kim Chang-heung.

Even Xue Chenzhi, who had already been mentally prepared for such a predicament based on experience, was taken aback after hearing these bad data.

Judging from these data, these copper mines really can't be sold, otherwise, even a gold mountain can't afford to lose so much. He subconsciously asked, "How long will it take?"

Jin Changxing didn't seem to hear Xue Chenzhi's question, and just lowered his head and smoked.

The mine manager of the new mine glanced at Jin Changxing, hesitated for a while, and replied to Xue Chenzhi: "It's hard to say, it depends on the situation of the mine price." He knew that if Jin Changxing didn't answer this question, he would have to answer it himself.

The mine manager's behavior made Xue Chenzhi see at a glance that Jin Changxing, Zheng Guorui and the mine manager must have discussed this issue privately before, otherwise, the mine manager would not dare to accept this at this time.

Xue Chenzhi knows that if the mine cannot run at full capacity, the loss caused is not small, but according to the data just now, this loss is still smaller than the loss caused by selling copper ore at a loss.

So he sighed and said, "Also, if the price can't go up, it's useless to say anything." ”

Jin Changxing interjected at this time and asked: "What do you think of the price of copper, and when will it rise back?"

Such a question is too critical and specific, and Jin Changxing did not name who he wanted to ask, so everyone attending the meeting looked at each other, and no one was willing to come out to pick up this stubble.

The room was so cold for more than 10 seconds, which was very embarrassing.

Seeing that Jin Changxing was still rolling his eyes and waiting for an answer, among the potential answerers, Xue Chenzhi, who had the largest official position, had no choice but to stand up and answer: "Overall, the decline in copper prices this time is divided into three stages, and the first stage fell from the highest point of more than 84,000 yuan to 75,000 yuan. This was followed by the second stage, which fell from more than 75,000 to the round number mark of 70,000. The third stage is to fall below 70,000 yuan, and quickly drop to the current more than 64,000. If this decline is a technical pullback, then it should continue to rise after the end of the first stage, and even when the second stage falls to the integer mark of 70,000 yuan, you can still have such hope. However, now that the third wave has fallen to around 64,000 yuan, the overall decline has exceeded 20,000 yuan, so this problem should not be considered from the perspective of a technical correction. ”

In the past, Xue Chenzhi didn't talk much in such meetings, which made Jin Changxing feel that he was very deep in the city, and he would never clearly express his opinions, as long as it did not involve the core interests of his smelter, he mostly echoed it and followed the baton of his chairman.

As he did today, he gushed as soon as he opened his mouth, with detailed figures and clear opinions of logical analysis, which were rarely seen before. This made Jin Changxing feel refreshing and at the same time, there was a sense of déjà vu. Jin Changxing suddenly remembered that in the past, at such a meeting, only Li Xin dared to expound his opinions so boldly.