Chapter 37 The First Oil Company to Listed on Hong Kong Island!
(The author had insomnia last night, and now he can't keep his eyes open, and this chapter is gone tonight.) M. Read the two chapters tomorrow in the evening!)
****
1994 was a magical year, this year the Chinese country is at the crossroads of its rise, and the world will also usher in great changes.
"Boss, the profit of our foreign trade and shipping company in the first three quarters of this year has increased by 500 percent compared with last year, and this is the financial statement of the first three quarters of the two companies, you can take a look. Pete said and handed a financial statement to Jia Lei.
"The profits of these two companies are okay! They are basically able to break even now, and now the profits of the shipping business alone are enough to support the operation of the two companies.
The profit of the foreign trade company is equal to the net profit, according to the profit of more than 100 million US dollars of the foreign trade company this year, we can buy the ship capital back this year. Jia Lei looked at the report and said with satisfaction that the business of these two companies has always had a special person in charge, and the business is very good.
"We do earn a lot in this area of transportation, this year's shipping business in China's transportation industry is not only more profitable but also high, the two ships we bought from the former Soviet Union are almost not idle, there are many companies lined up to ask them to transport goods.
However, no matter how much shipping companies earn, they can't make as much money as foreign trade companies, and it is conservatively estimated that the profits of foreign trade companies this year are about 100 million US dollars. Novan reported to Jia Lei.
"Can the profit of a foreign trade company reach 100 million this year? Is your estimated profit accurate?" Jia Lei couldn't help but ask when he heard this.
"You can rest assured that the income of the foreign trade company will only be 100 million US dollars high, and it will never be lower than 100 million US dollars.
With the refined oil products that you wholesale back from Tatarstan, the foreign trade company will be able to achieve the revenue target of 60 million US dollars.
Now the supply of refined oil in China has reached the point where demand exceeds supply, and foreign trade companies can earn about 20 million yuan every month by selling refined oil.
Coupled with other foreign trade commodities exported by MINI foreign trade companies to the countries of the former Soviet Union, it will definitely reach a profit of 100 million US dollars. Novan reported to Jia Lei.
"It seems that the refined oil sector is indeed making money! It's a pity that I'm a lazy person, and if I had thought of building a few more gas stations, then our profits in the refined oil sector would have risen by nearly 40 percent. Jia Lei looked at the report and thought about it.
"Boss, how troublesome it is for you to build a gas station, how trouble-free it is for us to sell refined oil directly to domestic distributors like now, why do you have to find so much work for yourself."
Anyway, with the support of Mr. Utarus, not only can you easily import refined oil products from Tatarstan, but also our refined oil purchase prices are particularly low.
I heard that Huaxia is making an "oil shortage", and our oil tankers have not yet arrived at the port, and the oil is sold on the high seas, so how easy it is to make money.
If you do go to open a gas station, you have to recruit employees and start construction, and it will take at least a year for these gas stations to make a profit!
What can't you do with your ability for a year? What do you have to do at the gas station?
You might as well take advantage of this year to take us to speculate in futures and finance in the international market, and you can make a lot of money.
Why do you want to fight for this piece of cake with hundreds of oil foreign trade companies and tens of thousands of private gas stations in China for this little money?" Pete immediately objected, he didn't want to be sent by Jia Lei to build a gas station or something in a few days.
"Wait, Peter, you said that there are now hundreds of oil foreign trade companies in China! This is impossible!
When did China have so many oil companies operating in China?
I remember that most of the gas stations in the first two years were owned by state-owned enterprises, where did these tens of thousands of private gas stations come from?" Jia Lei asked in surprise
In Jia Lei's memory, Huaxia has always been a world of two barrels of oil, and those small private gas stations are not at all under the attack of two barrels of oil, and can only be bought or survive in the remote countryside.
So Jia Lei never expected that in ninety-four years, there would be as many as 40,000 private gas stations in Huaxia!
"Boss, you have been abroad for the past two years, so you don't know much about some of the domestic situations in Huaxia!
According to our company's sales report, since Huaxia opened the refined oil market in 92, the number of gas stations in the country has increased to 38,000 in 93 years alone, and 47% of these gas stations are private gas stations. Novan replied.
"The total number of gas stations in Huaxia has increased to 38,000 in one year? Is your data true or false? The number of private gas stations here is too many, right? Where did you see the report, you read the numbers correctly?" Jia Lei asked in surprise.
Jia Lei didn't believe that Novan, a foreigner, would know more about the situation in China than himself, a Chinese, and he felt that Novan had mistaken the number of gas stations.
Jia Lei thinks that Novan must have seen an extra zero in the number of gas stations, when will private gas stations be on par with monopoly state-owned enterprise gas stations?
"Don't worry, boss, I'm sure I'm not mistaken!
Because that report is the sales report of our foreign trade company, our company is now the largest private importer of refined oil products in China.
In the past year alone, there have been hundreds of private oil companies that have cooperated with us, and most of these private oil companies have been cooperating with our foreign trade companies for some time, so we have the most real reports and data on the oil industry in China.
I swear by you with German ancestry, and the report I made is absolutely not mixed with any false figures!" Novan swore to Jia Lei very seriously, he felt that the word fake was an insult to himself.
"You don't have to swear to me, I'm sure you're not fake! Go and bring me all the reports on refined oil, and I'm going to study it and then consider whether to set up a gas station." Jia Lei thought about it and said.
"Okay boss, I'll go back and bring you the relevant report. Novan immediately nodded.
It wasn't until Novan piled up a thick pile of market reports in front of Jia Lei that Jia Lei knew how the outbreak of private gas stations in China came about.
In 1992, the domestic refined oil retail market was opened up experimentally, and the price of refined oil was implemented in a dual-track system, and everyone understands the term dual-track price system.
That is to say, the price of the same barrel of refined oil in the system is far lower than the price outside the system, and the retail price in Huaxia has been nearly double the wholesale price in recent years due to the serious "oil shortage".
That is to say, private gas stations in China can earn 1,200 yuan for every ton of oil sold, and such a huge profit naturally attracts all kinds of ghosts and snakes to invest in the construction of private gas stations, so the total number of gas stations has skyrocketed to 38,000 in 93.
To put it simply, if a small gas station sells 5 tons of gas a day, it can earn 6,000 yuan, and if it sells 10 tons of gasoline, it can earn 12,000 yuan a day.
This is 12,000 yuan in 1994, and you can imagine how profitable it was to open a private gas station in that year!
And because of the "oil shortage" in most parts of the country, sometimes drivers who want to refuel must tip workers to add.
At that time, there was no pricing mechanism for refined oil products in China, and private enterprise gas stations could price their own oil at will, and many private gas stations tried to raise prices under the pretext of "oil shortage".
93 and 94 years is the era of profiteering of private gas stations, because there was no large-scale refinery in China before this, and all the crude oil sold in China before this was imported or refined in a small area, so Jia Lei and they could make so much money by selling refined oil.
"Oh my God! I always thought that Huaxia's petrochemical enterprises were very powerful, but I didn't expect that their current refining technology was stable enough to be commercialized. Jia Lei looked at the report and said speechlessly.
The first oil refinery has only been built in China now, so it means that there are still two barrels of oil or something!
The oil industry in China has really not developed at the moment, so Jia Lei didn't even see the name of two barrels of oil on the report given to him by Novan.
Because they haven't been born yet!
Huaxia's large-scale oil refining enterprises have really developed in the past two years, Jia Lei carefully looked at the chart listed on the report and twitched the corners of his mouth.
If the content of this report was not written in an authoritative newspaper, Jia Lei would definitely not believe that what was written on it was true.
In the winter of 1988, the "Neptune" tanker loaded with 50,000 tons of Tabis crude oil docked at the Shangshushan wharf, which was the first batch of "crude oil" to arrive in the history of China.
Before that, most of the oil used in Huaxia cars was purchased from abroad, and it was not until 1992 that Zhenhai Company won the initiative of its own foreign trade, took a solid step in the processing of foreign oil, and even went public on Hong Kong Island.
"The background of this company is really amazing, just two years of refining oil can actually be listed in Hong Kong!" Jia Lei couldn't help but sigh with the name of the company written on the report now.
Not only did the big oil company have a good eye and more skill, but they began to build petroleum refineries all over the country on a large scale after they went public.
Then Zhenhai Company's refining towers sprung up like mushrooms after a rain, and in 1994, Zhenhai Refining & Chemical Oil Company finally completed the joint-stock restructuring and was listed on Hong Kong Island.
"They make so much money, doesn't the country care?" Jia Lei asked with a frown, this is not in line with the style of two barrels of oil. Jia Lei looked at the report in disbelief.
Last month, the state began to implement a unified pricing of crude oil and refined oil products. It's a pity that because there are more people and less gas now, some gas stations will let you buy something from their convenience store to make up for the difference in gasoline price, although the price of seven oil has been lowered on the surface. Mo Bei said to Jia Lei.
"Oh my God! These private gas stations are doing this, won't the state trouble them? They are bundling!" Jia Lei asked in disbelief, are these private gas stations making money.
"Most of the people who can afford to open private gas stations and get gasoline now are related households and second-generation people in the system, who do you think would dare to arrest them?
So I hope boss, you'd better settle down and don't get involved with this group of people of unknown origin, the water in this area is too deep. Mo Bei said.
"Okay, I see! Don't worry, I won't get involved with their group, it seems that I can only honestly sell my imported refined oil in the future."
There are too many cows, ghosts, snakes, and gods in this group of "officials and masters", and I can't afford to mess with them. Jia Lei sighed and said.
"Boss, I hope you are talking this time, you must not regret running to open a gas station because you watch others make a lot of money by opening a gas station!
I'm your investment advisor, and I can't really do anything like opening a gas station. Pete hurriedly reminded Jia Lei that he must dispel Jia Lei's idea of opening a gas station this time.
"Okay, okay, I promise you that I won't open a gas station!
Since you want to be an investment consultant for me every day, then I will go with you to a suitable project in the United States in two days to engage in financial investment, then you should be satisfied, right?" Jia Lei rolled his eyes and said.
Peter has been complaining to him recently that he was used as a secretary by Jia Lei as an investment manager, and he really looked down on his profession and underused his talents.
You must go back to the United States with me this time, and I promise that I will find you a profitable investment project on Wall Street. Pete said happily after hearing Jia Lei's words just now.
"Don't worry, I'll go back to the United States with you this time! I'm waiting for you to help me find a profitable investment project, I'm going to rest now, you can go out first." Jia Lei hurriedly said, and then he kicked out Peter, who was still excitedly talking to him about his investment philosophy.
"Jia Lei, when did you change sex, and you really stopped doing such a lucrative thing as opening a gas station?" Mo Bei listened to Jia Lei's words and asked in disbelief, this is not in line with Jia Lei's consistent style of asking for money and not dying.
"Running a private gas station is very profitable, but it is also very risky, and the most important thing is that it is too troublesome to run them!
You don't know that I calculated a hexagram for myself yesterday, and I don't have a chance to open a gas station if I die, and if I do, I will definitely lose money. Jia Lei casually found an excuse to prevaricate Mo Bei's suspicions.
If it weren't for the fact that the risk of opening a gas station was too great, how could Jia Lei not do such a lucrative thing?
Because it's been 94 years now, and in another 4 years, in 1998, two barrels of oil will be established!
If Jia Lei goes to open a private gas station now, after the two barrels of oil are established, Jia Lei will become a competitor with them, isn't that going to die?
You must know that Huaxia's oil companies are a typical monopoly industry, and Jia Lei will not compete with two barrels of oil because of a little money.
Jia Lei feels that it is good for him to sell refined oil and earn a middle price like now, after all, the ruble has depreciated sharply, and the price of refined oil products that Jia Lei imported from Tatarstan is actually much cheaper than others, and the middle price he earns from reselling refined oil is actually not lower than that of opening a gas station.