Chapter 15: The Dog of Wall Street
According to the rules of WTI trading, a standard lot of contracts represents 1,000 barrels of crude oil, and a thousand lots is one million barrels, according to the current real-time price of WTI crude oil of $60 per barrel, the value of 10,000 lots of crude oil contracts is $60 million, and the platform's margin is calculated according to 8%, which means that you need to maintain a margin position of $4.8 million in the account before it will not be forced to liquidate.
And Li Mingyu has fully leveraged the account to 500 times!
Under 500 times leverage, the overall margin requirement is only one-fifth of 100 times leverage, and only the account needs to hold a margin position of $960,000 and will not be closed.
This is the charm of leverage, with less than 1 million funds, you can manipulate 60 million US dollars to trade profits.
But again, the risk faced by Li Mingyu under 500 times leverage will be extremely huge.
This kind of operation is basically no different from gambling, because Li Mingyu basically does not have any stop loss space, once WTI crude oil rises by another $2 to $62, that is, another 3%, then Li Mingyu's short positions will be forced to close all positions.
What a small upside for WTI crude oil, which has an average daily normal fluctuation of more than 8%!
All the success or failure is Saturday and the weekend, which are the crucial two days, because WTI crude oil is not open on the weekend.
Lee Myung-woo needs to produce a news that will shock all investors in two days!
Looking at the price line on the account, which had almost stopped beating, Li Mingyu slowly closed his eyes and fell asleep...
——
The next day, Li Mingyu deliberately got up early in the morning.
It is estimated that the official attaches great importance to this meeting, and the venue of the meeting is not in the city government, but in the provincial government!
As the administrative center of Suzhou Province, the municipal government and the provincial government are located in the urban area of Cheung Chau, and the provincial government is closer to the Cheung Chau Hotel, where Li Mingyu lives.
After taking a shower in the hotel room, I had breakfast in the lobby by the way, thinking that it was still early, Li Mingyu did not take a taxi to the provincial government, and walked over after recognizing the direction.
At this time, it was less than eight o'clock in the morning, the morning sun in early autumn was not scorching, but there was a warm feeling on the body, Li Mingyu passed by the glass window of a shop, and saw himself dressed in a serious face from the glass reflection of the window.
Comb your hair to look like an adult and put on a handsome suit...
This is probably singing yourself...
After all, it only takes a few days for me to walk out of campus, and if I am not lucky enough to be selected by the intelligent core, I may also enter an ordinary enterprise as an intern like other classmates, where I may be personally received by government leaders.
Taking a deep breath, Li Mingyu took another step forward.
This is a step that must be experienced, and one should not always stand still, but learn to look forward.
Slightly adjusting his mentality, Li Mingyu faced the rising sun, and the pace of progress became more and more firm.
Made, it was someone else begging me to set up a factory, and I panicked!
— —
At around 8:40, Li Mingyu finally walked to the door of the provincial government building.
I glanced at the address on the invitation.
Main meeting room on the first floor!
"Hello, is it Mr. Li from Matrix Technology Co., Ltd.?"
Just thinking about where the main conference room on this floor was, someone next to him suddenly opened his mouth and asked Li Mingyu.
When I turned my head, I saw that it was a middle-aged man about forty years old, dressed in gray clothes with the national emblem pinned to his chest, and after a while, there were two men about fifty years old standing behind him.
Looking at the man's outstretched right hand, Li Mingyu hesitated slightly, then smiled and stretched out his right hand to shake his hand amicably, and replied with a smile: "I'm Li Mingyu, who are you?" ”
When the man heard Li Mingyu confirm his identity, he couldn't help but increase his strength slightly when he held Li Mingyu's hand, and replied with a smile: "Haha, Mr. Li is young and promising, admirable, I am Li Jun of the Ministry of Energy, this is Minister Xiang of the Energy Department of the Provincial Party Committee, and next to him is Director Qi of the Energy Bureau of the Municipal Party Committee." ”
After introducing the two behind him, Li Jun continued to smile and said, "Mr. Li, you don't know, since your company is in Natu
After the publication of the technical achievements related to olefin-3, the whole world was shaken! You are a hero of the country, and now there are many people in Shangjing City who want to meet you, an upstart. ”
When Li Mingyu heard the identity of this person, although his face was silent, he couldn't help but be stunned in his heart.
Although I knew that the level of the people who came to entertain this time would not be too low, I didn't expect the level to be so high!
Originally, Li Mingyu thought that there was a high probability that he was a leader in a certain province, but he didn't expect that it was someone from the central government.
You must know that when Li Mingyu applied to the Municipal Bureau of Commerce, it was more than three o'clock yesterday afternoon, and it is estimated that the Mr. Li in front of him immediately set off to Changzhou City after receiving the news yesterday afternoon.
This face is really enough!
"Fortunately, Matrix Technology Co., Ltd. can have today's achievements all thanks to the support of the government and the care and love of the leaders, the research results are the credit of the company's research institute, Li does not dare to take credit, the company's future development I am afraid that the leaders will have to worry more hahaha."
Regardless of what the company has achieved now, the face must be done enough.
Li Mingyu, under the leadership of Li Jun, walked slowly into the provincial government building.
In the main conference room on the first floor, there were more than a dozen people sitting in the huge conference room at this time.
Although there were not many people who came to the meeting, Li Junyi's introduction showed that the level of these people was not low.
Sitting at the top are the first and second leaders of the provincial government, the first and second leaders of the Department of Energy, the Department of Land and Resources, and the Department of Economy and Information Technology.
Sitting on both sides are the first and second leaders of the municipal government, the first and second leaders of the Energy Bureau, the first and second leaders of the Land and Resources Bureau, and the Economic and Information Bureau.
Sitting at the bottom are the first and second leaders of the Economic Development Zone, the first and second leaders of the Energy Bureau, the first and second leaders of the Land and Resources Bureau, and the Economic and Information Bureau.
Good guys, although there are not many people, all of them are the essence!
It's not unreasonable to have a big event and a small meeting!
"Minister Li, let's talk a few words first." The provincial leader who sat at the top said with a smile.
Li Mingyu's seat is arranged in the middle of the top to the left, and there are two empty seats next to it, probably thinking that there will be more than one person.
Minister Li sat in the middle of the conference room, coughed lightly and then said, "The main reason for gathering everyone today is for one thing. ”
After a pause, Minister Li continued after two seconds: "Presumably, everyone has also seen some related reports on the news in the past two days, and we are also very fortunate to invite Li Mingyu, the person in charge of Matrix Technology Co., Ltd., Mr. Li. ”
Minister Li did not mention the leasing of the plant, but instead led the conversation to the olefin-3 type.
"The new energy olefin-3 developed by Matrix Company can be regarded as opening another door to the new energy industry, which is the honor of local enterprises in Suzhou Province, the honor of Suzhou Province, and the honor of the country.
"Our country is a big country in the use of energy, but it is a weak country in the use of energy, our energy self-sufficiency rate is less than 40%, more than 60% of industrial energy depends on imports, energy security is a major matter of the country, you are the first and second leaders of provinces, cities and counties, is the first and second leaders of the energy departments of provinces, cities and counties, land departments and economic and information departments, how significant this matter is, I don't need to say more, here I will set a tone."
"The standardized plant applied for by Matrix Technology Co., Ltd. should be supplied first, and the industrial water and electricity land should be solved preferentially and quickly, and the corresponding energy policy support, tax incentives and subsidy funds in the Economic Development Zone should be tilted to the greatest extent, in a word, Matrix Technology Co., Ltd. should be built as a business card of your Suzhou Province."
"Okay, that's all I have to say, and then I would like to ask Mr. Li of Matrix Technology Co., Ltd. to say a few words."
Whether it is the first or second leader in the conference room, they are all spreading out their notebooks and taking notes, as soon as Minister Li's words fell, everyone stopped taking notes, and Qi brushed up to look at Li Mingyu.
Being stared at by such a dozen pairs of eyes, Li Mingyu couldn't help but tighten his heart.
Be calm!
Taking a deep breath, the corners of Li Mingyu's mouth rose slightly, and he said with a smile: "First of all, as the person in charge of Matrix Technology Co., Ltd., I would like to thank Minister Li and all the leaders for their strong support to our company. ”
"I am here for a meeting today, hoping to be able to use your government's standardized factory building is only one of the purposes, and I actually have another purpose for coming here this time."
Slowly stopped, Li Mingyu deliberately paused for a few seconds, and then continued to speak: "As a high-quality product developed by our company, olefin-3 type has now reached the stage of mass production and supply to the market. ”
"At present, we have contacted the equipment manufacturer to customize the production equipment, and if the problem of the plant and land can be solved today and tomorrow, it is expected to start operation and production on Monday."
"According to our company's preliminary estimates, the current average daily production capacity can reach 300,000 barrels per day!"
As soon as Li Mingyu's words fell, the provincial leader next to him stood up immediately and asked in surprise, "What?" Can you already reach 300,000 barrels per day? ”
Originally, everyone thought that Matrix Technology Company had only mastered the extraction technology, and there was still a long distance from mass production, and it was expected that it would take at least one or two years of technology precipitation to enter the stage of mass production.
"And what about the price? What is the unit price of olefin-3 type? The leader of the Energy Department didn't care about any etiquette at this time, so he stood up and squeezed over.
As the leader of the Energy Agency, after understanding the advantages of the olefin-3 type, he naturally understood the value of this thing, but after all, this thing was a primary production, and he was worried that the price was too high to be used in large quantities.
"We initially priced the first batch of olefin-3 at $120 a barrel." Li Mingyu replied very directly.
"Dollars?" Minister Li Jun was extremely sensitive and immediately noticed the unit that Li Mingyu had set the price.
Then he asked a little seriously: "Could it be that this first batch of olefin-3 type is still going to be sold abroad?" ”
Li Mingyu looked at Minister Li's frowning brows, and reacted after a little thought.
Olefin-3 type of high-quality energy, Minister Li obviously wants Li Mingyu to circulate in China, after all, the domestic energy mouth is so large, the output of 300,000 barrels a day is not enough for his own use, how can he sell it to foreigners.
"Hehe, Minister Li misunderstood, the olefin-3 type is extracted using crude oil, we have been using WTI crude oil for extraction before, and the use of US dollars is just for the convenience of calculating costs, you also know, we are a private enterprise, so we naturally care about the cost and profit space." Li Mingyu replied with a haha.
Hearing this, Minister Li's expression softened slightly, and then asked, "So the second purpose of Mr. Li's visit today?" ”
"Hahaha, naturally, it's to find a buyer for the company." Li Mingyu replied with a smile.
"Minister Li, I did a lot of homework before I came to the meeting."
Li Mingyu smiled and took out a portable projector, which he bought when he visited Intime City yesterday, Xiaoyu helped him upgrade the system, and now this projector can automatically match the content of the demonstration according to his explanation.
"According to our company's preliminary investigation, the standardized factory buildings in Changzhou City are about 480,000 square meters, of which the standardized factory buildings that have been rented out are around 320,000 square meters."
Hearing Li Mingyu's words, the first and second leaders of the provincial and municipal land and resources bureaus looked at each other silently, and their eyes were a little surprised, to know that the city's standardized factory building area and rental area are not open to the public, although each time the local unit is successfully rented, it will be publicized, but it is not easy to calculate the total area and total occupancy rate through such fragmentary public information.
The leaders present couldn't help but think a little more highly of Li Mingyu, and it seemed that he was indeed prepared.
"The smelting of olefin-3 will not produce industrial wastewater and waste gas, which is welcome at any time when the environmental protection department can come to inspect after the plant is completed."
Lee Ming-woo dropped a bombshell again.
The second-in-command of the province couldn't sit still, so he couldn't help but interject and asked: "Mr. Li, what do you mean by saying that there will be no waste water and waste gas?" Is there no waste water left or is it digested? ”
The discharge of waste water and exhaust gas is the core problem of the industry, how many heavy industry enterprises have to move to the relatively backward provinces because of environmental protection problems, Suzhou Province is a large economic province, environmental protection problems have always been a problem that cannot be ignored, that is, the second in command of the province personally checked, he is naturally the most concerned about this problem among all the people here.
"After being digested, our existing technology can already realize the secondary development of all waste gas and wastewater, and the discharged wastewater and waste gas can meet the standard of ordinary water, and some industrial by-products can be produced." Li Mingyu replied with a smile.
...
In the next few hours, Li Mingyu and the leaders present agreed on the location of the standardized plant, the rent, the tax reduction and exemption after the company settles in, and the first batch of olefin-3 production orders.
For the first batch of olefin-3 type, everyone attending the meeting showed great interest, especially Minister Li, and even he was asking Matrix Technology Co., Ltd. if it could immediately roll out the olefin-3 type sales network in China, but Li Mingyu politely refused on the grounds that the sales system was temporarily immature.
For the Cheung Chau City Government, which strongly supports him, Li Mingyu also showed his greatest sincerity.
First of all, for the sales order in Cheung Chau City, Matrix Technology Co., Ltd. does not sell according to the sales price, but charges a processing fee of US$20 per barrel, which is equivalent to Matrix Technology only as a processing point for oil and gas smelting in Cheung Chau City.
This can be seen in the leaders here are very happy, just Li Mingyu's sentence alone, at least billions of financial expenditures can be saved for Changzhou City every year, and how many people's livelihood events can be done with billions of financial funds saved, this is a proper political achievement!
Secondly, the olefin-3 polymer materials of Matrix Technology Co., Ltd. will be given priority to local enterprises in Changzhou City, and any member enterprises registered in the pipeline network of Matrix Technology Co., Ltd. can enjoy a 9.5% discount on sales as long as there is an enterprise branch in Changzhou City.
This is also a good thing to make the leaders here, to know that olefin-3 polymer materials have become the focus of research in major research institutes, as long as a subsidiary registered in Changzhou City can enjoy priority supply, at the same time there are 9.5% off sales discounts, you can imagine how many foreign-funded enterprises will be attracted to Changzhou City once this news is announced!
Of course, for Li Mingyu's generosity, the Changzhou Municipal Government also reciprocated the favor and immediately gave Li Mingyu a feedback that was difficult to refuse.
At a price of 20 million per year, the Global Center Building will be leased to Matrix Technology Co., Ltd.!
The 48-storey Global Centre Tower is a landmark building in Cheung Chau City, which was completed just this year, and is located just northwest of Cheung Chau Port.
In addition, the building has a total of low, medium, high, and extra-high four sections of the work area, the low section is the first floor to the 20th floor, all of which are designed and built in accordance with the top standardized factory buildings to meet the needs of high-tech industrial enterprises, the middle section is 21 to 33 floors, equipped with the top office space in Changzhou City, which can meet the daily office of the enterprise, the high section is 33 to 47 floors, mainly used as a high-end leisure place for enterprises and global conference rooms, and the extra high section is the 48th floor. There is only one meeting room on this entire floor, which offers panoramic views of Cheung Chau City and the incomparable sunrise over the sea.
Originally, this building was intended for a high-tech electronics company, and it is also a high-tech business card enterprise in Cheung Chau City.
But obviously, Matrix Technology Co., Ltd. is more sophisticated than this company!
The talks lasted until two o'clock in the afternoon, and Li Mingyu and several leaders basically bargained in the final stage, in order to win more sales shares of olefin-3 type, while Li Mingyu hoped to give more preferential tax policies.
Don't underestimate this preferential tax policy, the income tax of the enterprise is 25%, which means that the matrix technology company does not earn 100 yuan to pay 25 yuan of income tax, and with the support of the preferential tax policy, the first year of the enterprise is exempt from tax, and the enterprise income tax is paid according to 13% after one year of operation.
The difference is self-evident.
— —
After the talks, Li Mingyu returned to the hotel tiredly, and he didn't realize that he had been engaged in the discussion in the morning, and now he dragged his suit only to find that his back was already a little wet.
"It's still a little green! These people are human spirits, and if they are not careful, they will leak out their fox tails. ”
Li Mingyu muttered to himself.
After washing his face with cold water in the toilet to wake up, Li Mingyu looked at himself in the mirror for a moment, and then his eyes tightened slightly.
"Xiaoyu, are you ready?"
"All the materials have been prepared, do you want to upload them to the company's official website?"
"Upload it!"
Two seconds later, there was an additional report on the official website of Matrix Technology Co., Ltd.: Matrix Technology Co., Ltd. reached an intentional cooperation with the Ministry of Energy, Suzhou Provincial Department of Energy, and Changzhou Energy Bureau to provide 300,000 barrels of olefin-3 production capacity per day.