Chapter 751: They Won't Mess Around

MD, California.

Newtech held a new round of shareholders' meeting today, and before everyone arrived, Tom White had already arrived in the conference room and prepared a thick pile of materials.

That's right, Tom White is the former owner of the White Mining Equipment Factory who was destroyed by Zhong Bai with DWX single hydraulic strut technology!

After the company's automatic drilling and blasting system suffered a Waterloo failure in Europe, White Mining Company also had to file for bankruptcy and leave the vast market because of the rupture of the capital chain and the competitive pressure within the industry.

Tom White himself is naturally unwilling, he hates the Baifeng Group from Red China to the core, and he can't wait to pick its skin and drink its blood, but fortunately, it is a limited liability company, and Tom White's personal assets are still there after filing for bankruptcy, and it has not made him a complete waste.

In the second half of last year, Tom White has been looking for opportunities to turn around, and at the same time spent a lot of money on reporters in Beijing, China, to follow the Baifeng Group's every move anytime and anywhere.

After all, being so miserable by the White Peak Group, how could White not have the idea of revenge!

Finally, at the end of '82, he felt that his opportunity had come!

After hearing that Baifeng Group invested in the Beiguo Rare Earth Concentrate Plant with Chinese private capital, and saw the content of the press conference on the export of Huaguo New Rare Earth Concentrate that shocked overseas in the newspaper, White, who had been lurking under the table, finally couldn't hold back and invested $3 million to become a shareholder and director of California Newtek!

If he doesn't engage in Baifeng Group, he White can't swallow this breath!

Fifteen minutes later, all the major shareholders of Newtech Company arrived, and sitting in the middle was Jimmy, the chairman of the board.

Chairman Jimmy is a typical MD upstart in the west, and he doesn't know anything about new energy and new materials, but why did he dare to suddenly raise funds to set up this company?

The reason is very simple, because he has a good friend named Stone who has grown up, and this Stone is the owner of a well-known venture capital fund of MD - Blackstone Fund.

The scope of the Blackstone Fund is very broad, and Stone dares to invest not only in MD's states, but also in the world's leading concepts and original gadgets.

The characteristic of the venture capital industry, that is, gambling, contrary to most people's understanding, venture capital is of course not 100% stable profit, in fact, more than 80% are in the loss, that is, the commonly known "money thrown into it without even a bubble" rhythm.

But once you throw it in and there is a reaction, then basically its profitability is not as simple as one or two times!

And this time, White's comeback is precisely because he inquired about the relationship between Jimmy and Stone and felt that his opportunity had come!

"Director White, now let you report to you how our company's stock has performed on the NASDAQ in the past two days?" Jimmy seemed to be in good spirits, and there was even a hint of excitement in his voice.

"Okay." White cleared his throat: "Ladies and gentlemen, this is the issue that everyone is most concerned about, and I will tell you the information I just got from Wall Street today......"

"As of the end of the trading day yesterday, our Newtech stock has risen by 46.8% in a month! In addition, since we released the report, the company has also attracted a total of $12 million in new investment from the financial markets, and your efforts in the past few months have been in vain! ”

"Next, it will be the moment for us to fully enter the rare earth industry!"

Immediately there were shouts of surprise and applause in the meeting room!

Half an hour later, the meeting ended, and each director left with a satisfied smile on his face, leaving White behind.

"White, the power of capital is so magical." Jimmy lit a cigar and said to White with a smile: "The success of this company's investment is completely based on your efforts in Huaguo!" I believe that in the near future, our company will definitely become a new global leader in new materials! ”

"Thank you, Mr. Chairman, for your appreciation, this is what I should do. Huaguo ...... That country will eventually develop, and all we are doing now is to seize the opportunity. White replied with a pretended modesty.

"Well, the steak at the Michelin restaurant is new, Stone will come over later, let's go, in order to celebrate this successful moment, we need to eat the good dishes made by the French chef!"

Before White could react, Jimmy had already left the conference room.

……

This Michelin-starred restaurant in the Bay Area of California has been open for more than 40 years, and the people who can come and go here are all wealthy people from the local political and business circles.

White has been a regular visitor in the past, of course, but this is the first time he has returned here since the bankruptcy of his White Mining Equipment Factory six months ago.

Straightening his tie slightly, White strode into the Michelin-starred restaurant.

Jimmy and Stone had already arrived early, and White sat down unceremoniously across from them under the guidance of the waiter.

"White, I have to say that you are one of the most forward-thinking people I have met in the industrial industry." As the head of the Blackstone Fund, Stone made no secret of his admiration for the other party: "I didn't expect that you would dare to have the concept of such an operation in a GCZY country. ”

White laughed and said: "Haha, these Chinese people will have to fully open their rare earth raw material export market sooner or later, since this is the case, then of course we have to operate in advance, otherwise those shrewd RB people will not be ahead of us again?" ”

Jimmy nodded in appreciation: "That's right, I have dealt with RB people a lot before, as long as there is a new entity profit growth point, RB people are always the first to find and find a way to drill into it." ”

"But entities will eventually be led by the nose by finance." Hearing this, Stone showed a faint sense of superiority: "RB's stock market is still too young compared to MD, they have not experienced the Great Depression of our MD in the 20s, and they have not yet had a clear understanding of the power of financial capital." However, if it wasn't for the RB people who kept protesting this time, how could we have seized this opportunity? ”

"However, this time we haven't officially communicated with the Huaguo side......" Jimmy thought of this, and still asked: "White, do you confirm that we released the news in advance, and the Huaguo side will not protest or take action?" ”

"I can confirm they won't mess around, Mr. Jimmy." At the mention of this question, White was a little itchy, but the expression on his face remained the same, and he still said with a smile: "If they want to reduce the export of rare earth concentrate to RB, it is necessary to increase the export to other western developed countries, there is no doubt about this." ”

"Whether it's those naΓ―ve and romantic French, or the stiff-minded Germans, they can't get the official consent of China faster than our MD - you know, the largest amount of trade between China and Western countries is of course our MD!" White raised his wine glass: "Gentlemen, let's have a toast!" ”