Chapter 697 Local Currency Transactions, 500 billion

"Oh, so fast, tell me about the situation, and then hang my appetite, and be careful that I put on my little shoes. ”

Hu Yang stopped when he saw Xia Bing halfway through his words, and he couldn't help but itch his teeth with hatred. This guy has learned to hang & boss's appetite!

Xia Bing smiled slightly, and her mood was very comfortable. However, she didn't dare to continue joking with Hu Yang, and hurriedly said:

"There are two companies that have made good bids, including Allied Mining, which is $70.3 billion for a 45% stake in our Coconola copper mine. Another Bauhinia Mining, they made a $70 billion bid to buy the shares. ”

70 billion US dollars, according to the current exchange rate, is almost 500 billion RMB. This is a very large amount of money, and even Gao Mingkang was moved when he heard it.

"Mr. Xia, let's have a good talk with these two companies. When you have the preliminary results, you will report back to me, and then you may need to convene a decision-making committee meeting to discuss it. ”

The amount of this deal is too large, and even if Xia Bing has the authorization of Hu Yang, it is impossible for him to act arbitrarily on his own.

Even Populus euphratica needs to be cautious and cautious, and he even needs the executive members of the decision-making committee to provide him with reference advice.

Xia Bing put away the smile on his face and said seriously: "Okay, boss!"

"Alright, you go get busy first. ”

Hu Yang stood up with a smile and sent Xia Bing to the door.

It's an attitude that means he values the deal. Therefore, instead of feeling honored, Xia Bing felt that the burden on his body was heavier.

"Mr. Hu, sometimes I really envy you, you are a typical example of lying down and making a lot of money. Hey, you just say that I'm tired and tired all day long, and it's not as good as your income for many years. ”

Gao Mingkang is not jealous of Populus Hu, he just feels that compared with industrial capital and financial capital, the speed of making money makes people feel unbalanced.

"Mr. Gao, this kind of good thing is a once-in-a-lifetime occurrence. To be honest, when I first invested in the Konkara copper mine, I didn't expect this kind of good thing.

If we talk about the contribution to the national economy, I have always believed that the manufacturing industry is the largest. To tell you the truth, I am currently writing a proposal on this aspect, which is mainly to prevent the financial industry from over-developing and preventing the economy from becoming less than real. ”

Don't look at the myth that Populus euphratica is invincible in the capital market, but he disapproves of the excessive prosperity of the financial industry. Because, the positioning of the financial industry should be to serve the real economy, not countless funds idling there.

At the beginning, he did not invest in the Concora copper mine with speculative ideas. At that time, the price of commodities was not high, and the domestic demand for copper was also growing rapidly, so he actually went with a long-term investment.

Unexpectedly, his luck exploded, and the Concora copper mine unearthed a large amount of hidden reserves, so much so that his investment increased countless times.

What is this called? This is called a big pie falling from the sky, which happened to fall on his poplar's head, and he can't envy it.

Gao Mingkang thought about it, and couldn't help but wonder.

When it comes to investment, Populus Hu is definitely a grandmaster-level figure, because the past record is there. But he didn't believe much in the myth of undefeated, not so much a myth as a miracle that Populus euphratica's luck was really good.

"Mr. Hu, no matter what, I still want to congratulate you. What, does the promise you made just now count? If Mingkang Communications encounters financial difficulties, I will look for you. ”

Gao Mingkang has already integrated himself into the Huijia system, and he is the backbone of the Huijia system.

So there's nothing wrong with that.

Hu Yang nodded and said with a smile: "Of course it counts! You just rush forward, and there is me behind." ”

"Yes, with your words, it will be done. I still have some things, so I want to leave, and when I turn around, I call you to play ball together. ”

Gao Mingkang smiled, and then got up to say goodbye.

Although he didn't say it, he knew it very well in his heart. The reason why Mingkang Communication has been able to develop to such a scale today is absolutely inseparable from the support of Populus euphratica.

Five days later.

Xia Bing and Australia United Mining and Bauhinia Mining have basically finished talking.

Both companies are large and large, and their quotes are not whimsical, but have been carefully calculated and can be changed very little.

"Boss, Allied Mining raised the offer to $70.5 billion, which is their final offer. The price quoted by Bauhinia Mining is $70.2 billion, which is also the final offer. ”

Xia Bing worked hard to get the price of the two companies. She thinks that Populus will probably choose Allied Mining, after all, their offer is 300 million US dollars higher than that of Bauhinia Mining.

300 million US dollars is not a small number, according to the current exchange rate, it will be converted into more than 2 billion yuan.

Hu Yang thought about it for a while and said, "It's almost time, then we will hold a meeting of the decision-making committee the day after tomorrow, and we will discuss this matter." ”

Xia Bing nodded, anyway, there is no hurry in the past two days, it would be good to discuss it at the meeting.

Hu Yang immediately asked Wu Xinhui to call the various executive committee members and ask them to come to the investment building on time for a meeting the day after tomorrow.

When the day came, the executive members of the decision-making committee of Huijia came to the deep sea from all directions, and no one asked for leave and was absent.

After the meeting began, the first topic discussed was naturally related to the crackdown in North America.

Now, reconstructing the supply chain and localizing substitution are the top priorities of the entire Huijia system. At the meeting, everyone talked about the progress of the work since this period of time, as well as the next work plan.

"Guys, there's one more thing I need to discuss. Mr. Xia, come on. ”

After the end of the first topic, Hu Yang asked Xia Bing to introduce the transfer of equity in the Kangkola Copper Mine.

After Xia Bing's brief introduction, the conference room was suddenly quiet.

After a while, Yan Hanzhang was the first to jump out: "Mr. Hu, now we have a hard time with Charm Semiconductor." When the funds for your equity transfer arrive, you must give priority to us. ”

He took the lead, and everyone else was ready to move. Even Meng Rusong, who has always been steady, couldn't sit still, and his mouth moved a few times, but he was robbed of the conversation by others.

"Hey, stop! This matter hasn't been settled yet, and you're already thinking about it? Now let's talk about which company we should choose to trade?"

The more Hu Yang listened, the more wrong he became, and he quickly knocked on the table, and the conference room was quiet.

Wan Qingshan was the first to speak: "Mr. Hu, do you need to say this? It must be the one with the highest bid who wins, after all, the difference of 300 million US dollars is not a small amount." ”

Meng Rusong also shook his head with a smile and said, "Mr. Hu, don't make everyone happy." You can simply sell the equity in your hand to Australia United Mining, and the most important thing is to get the money. ”

Xu Younian didn't think so, he glanced at Mu Shaoqing, Mu Shaoqing made a gesture of "you invite first", and he said: "Now I have a question, Mr. Hu, have you discussed this matter with the other shareholders of Kangkola Copper Mine?"

"Not yet, but the two major shareholders of Kangkola Copper Mine, Mr. Wu Gang and Mr. Xia Guoheng, will go to the deep sea later today, and I will talk to them at that time.

You think about the transaction itself, and think about it, are there any other factors that need to be considered besides financial benefits?"

Hu Yang did not test everyone, but he himself repeatedly weighed the pros and cons in his heart, and he was a little undecided.

Xu Younian waited for Hu Yang to finish speaking before he continued:

"If you don't think about partners, I would recommend choosing Bauhinia Mining. The reason, I don't say, everyone knows that in the future, China needs to import a large amount of copper.

In the case that the price gap is not very large, I propose to sell this part of the equity to domestic companies. The vigorous development of the application side is the booster for the development of our Huijia semiconductor industry. ”

As soon as he said this, everyone present fell into deep thought.

To be honest, in business, everyone first considers the issue of interests, and there is nothing wrong with it. However, due to the escalating repression in North America, the way these people think about the problem has begun to change.

As Xu Younian said, if the raw materials are stuck by others in the end, can the domestic electronic information industry be good?

You must know that as the application end of the semiconductor industry, whether it is the electronic information industry or others, the pulling effect on various semiconductor products is very huge.

"I think what Mr. Xu said makes sense, and I support his point of view. I don't know if you have thought about it, the development of the semiconductor industry is closely related to downstream applications. We have supported domestic enterprises, is it just in line with our domestic substitution strategy?"

Mu Shaoqing was the first to stand up and support Xu Younian.

His logic is very clear, whether it is the upstream or downstream of the semiconductor industry, everyone is highly related in the end, and sometimes it can even be said that it is both prosperity and loss.

The deep-seated problem stems from the suppression in North America, and Huijia will eventually achieve complete domestic substitution.

What cannot be replaced for the time being will only cooperate with European and RB companies.

As soon as Mu Shaoqing said this, everyone could understand. Compared with hundreds of millions of dollars more or hundreds of millions of dollars less, the life and death of the Huijia system is the big thing.

Hu Yang listened quietly to their discussion and did not interject.

However, he has basically made up his mind a decision. He thinks that Xu Younian, Mu Shaoqing and others are right, Huijia can't just say that it wants to fully carry out domestic substitution, but in actual action, it will not support domestic enterprises.

"Everyone, please be still. Mr. Xia, you go and talk to Bauhinia Mining, if there is no problem, Huijia International Investment holds 45% of the equity of Kangkola Copper Mine, and sell it to them. ”

Hu Yang finally decided to make a small profit of 300 million US dollars and sell this part of his equity to the domestic Bauhinia Mining.

Hearing this, Xia Bing nodded silently.

"I haven't finished my words yet, Mr. Xia, remember, I have a few requirements. First, this transaction, between the other party and us, must be priced in RMB and settled in RMB. ”

Hu Yang waited for a while, and then added.

His meaning is very clear, that is, according to the exchange rate at this time, the transaction price is fixed in RMB, and the final settlement is also in RMB.

The current exchange rate of the US dollar against the RMB is 7.39, which is 7.39 yuan per US dollar.

According to the calculation of 70.2 billion US dollars, the total RBM is 518.778 billion yuan.

As soon as Hu Yang's words were finished, Xia Bing and Mu Shaoqing glanced at each other, and their eyes lit up almost at the same time.

Compared with several other people, Xia Bing and Mu Shaoqing are undoubtedly more familiar with finance.

At present, the RMB is in a cycle of appreciation against the US dollar. In the foreseeable future, such as within a year, this trend should be very difficult to change.

Populus euphratica put forward this request, which is very particular. The transaction between two domestic enterprises can be completely traded using RMB.

On the one hand, it can allow Huijia International Investment to avoid exchange losses, and on the other hand, it will not do any harm to Bauhinia Mining.

"Mr. Hu, your idea is really clever! I just thought about it as a foreign investment equity transaction, but I didn't think of this workaround.

Ladies and gentlemen, now RMB is in the process of appreciation, and this transaction can not be completed in a short period of time, and the time span will be as long as half a year to a year. If we settle in US dollars, we will lose 5.188 billion yuan for every 1 percentage point of RMB appreciation. ”

Xia Bing saw that several people hadn't reacted yet, so he smiled and explained.

There are a lot of things involved in this equity deal, and it takes a long time for the whole deal to be completed. However, once the contract is signed, the total price of the transaction object will be fixed. Half a year later, when the transaction is completed, the exchange difference may be more than 1%.

Not to mention supporting domestic companies, if the equity is sold to Allied Mining, the other party will definitely settle in US dollars. Although the other party's bid was 2.217 billion yuan ($300 million) higher than that of Bauhinia Mining, the exchange rate difference was definitely more than double that figure.

Xia Bing's explanation, everyone also reacted.

Meng Rusong's eyes were full of admiration when he looked at Populus Hu.

"Mr. Hu, you are still shrewd. In this way, we have all the face, and we really have yours. ”

Hu Yang smiled and waved his hand, and said, "It's all your own people, so you don't have to praise each other, right?" Okay, that's all for today's topic, and the time just happened to be noon, let's go to dinner." ”

Hu Yang announced the adjournment of the meeting, and everyone went up to the restaurant on the top floor in twos and threes to prepare for lunch.

The matter of the equity transaction of the Concora copper mine was thus decided.

A few days later, Huijia International Investment and Bauhinia Mining signed an equity transfer agreement. Huijia International Investment transferred its 45% stake in Kangkola Copper Mine to Bauhinia Mining at a price of RMB 518.778 billion.

After the agreement came into effect, Bauhinia Mining first paid Huijia International Investment 118.778 billion yuan. The remaining amount, according to the agreement, will be paid within six months.

Because it is a cross-border equity transfer, the procedures are relatively troublesome. For example, the transfer of equity in the Kangkola Copper Mine must be approved by the Zambian side, right?

All of this takes time, and half a year is fast.

For Bauhinia Mining, it doesn't hurt to use RMB for this transaction. This is the advantage of settling in the local currency, without having to take into account exchange gains or losses.

Besides, the price that Huijia International Investment sold to them was $300 million lower than the price quoted by Allied Mining, so what else did they have to complain about?