Chapter 215: Burnt out

Shitang Town, Fengcheng City, the country's largest recycled copper production base known as the "National Copper Capital", is experiencing an unprecedented turmoil, and it is still too late to describe it as a "disaster". Please Baidu search () to see the most complete!

The turmoil has not ended, but it has been full of sorrow and desolation.

Fengcheng's recycled copper industry can be traced back to the 70s of the century, after more than 30 years of development and growth, Fengcheng's annual output of recycled copper now accounts for one-third of the country's recycled copper output. The recycled copper industry has become the largest, mature and stable industrial cluster in Fengcheng City, and has formed a relatively complete industrial chain of import-dismantling-rough processing-deep processing-end products, which has become a pillar industry in Fengcheng.

The words "Fengcheng Copper" have been listed on the price boards of the London Metal Exchange in the United Kingdom and the New York Metal Futures Exchange in the United States, which has always had an impact on the fluctuation of international copper prices.

From the beginning of 2003, the price of recycled copper began to rise, but also ushered in the glorious period of Shitang Town's national copper, when the market was particularly hot, to 2004-2005, the price of copper rose wildly, the peak rose to 80,000 yuan/ton, became a large number of people overnight rich dream, almost attracted all the hot money in Fengcheng crazy into the market.

Wu Jiming also couldn't resist the temptation of huge profits, and together with Hu Qi and Zhou Zhixing, the owner of another supermarket chain, he raised nearly 50 million yuan, frantically stockpiled goods, made 20 or 30 million yuan in a short period of time. Lin Qiang himself has also cooperated with his senior brother Wang Chang for more than a year, and has made a lot of money by importing waste electrical appliances.

However, since the beginning of this year, the international copper price began to turn downward, which in turn affected the market of recycled copper, but almost no one is crazy that this is the beginning of the disaster, and firmly believe that this is only a short-term normal market adjustment, those wealthy bosses are taking advantage of the copper price to fall a large number of sweeps, Wu Jiming They even did not hesitate to invest all the profits in the early stage, and also added 5 million yuan per person to the fund, attacking everywhere, a large number of stockpiles, according to the average purchase price statistics, more than 2,000 tons of recycled copper in their two large warehouses, the value of the goods has reached more than 90 million yuan！

But no one thought that it had only been a month since Liang Zhigao came to Fengcheng to discuss the copper price with them, and the price of recycled copper fell sharply, and the price was directly cut in half, not only swallowing up all the early profits, but also losing tens of millions of yuan!

And what makes them even more desperate is that even if they are determined to break their arms now, it is already difficult to find a shipping opportunity, like Liang Zhigao and those who do recycled copper media, they have already withdrawn, especially Wu Jiming, they have a huge amount of stock, and it is even more difficult to find a pick-up man.

Although Wu Jiming is a well-known porcelain sand boss in Fengcheng, he usually has a lot of money, but the cash investment of 20 or 30 million yuan is also quite a lot of pressure on him, and it has begun to affect the normal operation of the porcelain sand field. Fortunately, Lin Qiang notified Wang Chang in time and stopped the waste foreign electrical appliances, otherwise, Wu Jiming would not even be able to settle the payment in time, and now the waste electrical appliance processing plant with an investment of more than 10 million yuan has been forced to stop production.

Wu Jiming was even more frightened and desperate is Hu Qi and another partner Zhou Zhixing, the initial investment of more than 10 million yuan per person, most of them were bank loans, and the additional 5 million yuan per person was a private high-interest loan, and the high daily interest was like a thousand tons of boulders, so that they couldn't eat and sleep well, and if they couldn't return the principal within the time limit, the consequences would be unimaginable!

In Wu Jiming's KTV private room, Hu Qi and Zhou Zhixing's eyes were bloodshot and their beards were unshaven, and they didn't close their eyes for a whole day and night, and the coffee table in the private room was messy with canned beer bottles, and cigarette butts were thrown all over the ground.

"Mr. Wu, what else can I think of? If this continues, we really won't be able to survive for a few days. Hu Qi, who usually wears a suit and leather shoes, only wears a crumpled shirt, and the most buttons are not buttoned.

Wu Jiming didn't have any idea in his heart, but it seemed that he was in much better shape, at least he could still eat and sleep, and in the face of the two partners, he still had a psychological advantage, after all, he had always advocated following the trend and selling in time, and it was Hu Qi's insistence that caused today's passive situation. Of course, it would be false to say that he didn't have a fluke at that time, and he also fantasized that the copper price would stop falling soon, so Hu Qi and them couldn't be blamed.

"The market has collapsed like this, what else can be done?" Wu Jiming sighed.

"Let's see if you can contact that Liang Zhigao again and ask him to help us think of a way?" Hu Qi said.

Wu Jiming said: "Liang Zhigao has completely withdrawn since that time. I heard that he and that Xie Yong were going to Yangzhou to find Lin Qiang and them recently. ”

Thinking of Lin Qiang, Wu Jiming suddenly remembered that time when he heard Qin Xiaohua in Yangzhou unintentionally mention that he had participated in the restructuring of a large copper enterprise in Jiangxi, and his heart moved, and said: "By the way, Qi, your old classmate Lin Qiang may be able to help us." ”

"Lin Qiang, how can he help us?" In Hu Qi's mind, Lin Qiang was just a small businessman who had only recently regained his feet.

"If he's really willing to help, I think there will be a way. ”

Hu Qi had an expression of disbelief on his face, "Wouldn't it?"

"Looks like you still don't know your old classmates. Wu Jiming said: "Although I can't know for sure Lin Qiang's real net worth now, judging from the scale and profitability of the companies he actually controls, I estimate that his current net worth will not be much worse than mine, at least his cash flow will be more than mine." ”

Hu Qi looked at Wu Jiming with wide eyes, and after being sure that he was not joking, he was shocked. He knew that Lin Qiang had been brilliant at the beginning of his resignation and going to the sea, when he had just come out to open a trading company, and asked him to help provide the supply of tiles for the Fengcheng Economic and Trade Building at that time, but soon after hearing that he had a big fall, he never contacted him again, and he didn't see him again until last year's high school graduation 20th anniversary party, and he had never heard his former classmates mention that Lin Qiang had such success in just a few years, and even Wu Jiming, the famous porcelain sand boss, was impressed.

After listening to Wu Jiming's detailed explanation of Lin Qiang, especially when he heard that Lin Qiang was actually a guest of the secretary of the Yangzhou Municipal Party Committee and was carrying out a river chong remediation project with a total amount of 100 million yuan in Yangzhou, Hu Qi knew that he was ridiculously superficial in front of Lin Qiang. He remembered that at the time of the class reunion, he was in front of Lin Qiang, enjoying the compliments of his classmates, and he looked like a successful person, but he was afraid that he had been laughed at countless times by the low-key Lin Qiang in his heart.

Wu Jiming actually didn't know that Lin Qiang was deliberately low-key in front of his classmates, and said: "Lin Qiang has a beautiful female friend who has participated in the restructuring of a large copper enterprise in Jiangxi. ”

This is a good idea, for a large copper enterprise, one or two thousand tons of goods is not a lot. As long as Hu Qi and the others can finish the goods at one time, recover part of the capital, and repay those high-interest loans, the pressure on their bodies will be drastically reduced, and as for those bank loans, as long as the interest is repaid on time, the problem will not be very big.

But Hu Qi was really embarrassed to call Lin Qiang for help, he vaguely remembered that Lin Qiang had called him back then, and mentioned the predicament he was encountering, but he didn't give him a positive response at that time, only said that he would call him again when he got home, and he never contacted him again, "Mr. Wu, you are the same villager as Lin Qiang, and you are the junior brother of the same school, and you have so much cooperation in business, I think it is most appropriate for you to call Lin Qiang." ”

Wu Jiming was right to think about it, he had also had a relationship with Qin Xiaohua, so he immediately took out his mobile phone and dialed Lin Qiang's phone------

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"Confucian Merchants" is currently being written online, and I hope to see everyone's comments and suggestions.

Friends who are waiting for more can read "Time Apocalypse" first to learn about Lin Qiang's early growth experience. Thank you very much!

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