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Chapter 852: Oil reserves are very important

Taking advantage of his relatively leisure time, Xu Zhengdao's special plane also began to fly to foreign countries where there are investments. Although Xu Zhengdao's trip was more to inspect previous investment projects, was it not a review of investment projects?

Although Shinhwa Group has reduced its overseas investment projects in recent years, those who understand Shinhwa Group's income and development all know that Shinhwa Group's overseas investment income is continuing to show and grow year by year.

This shows how high Xu Zhengdao’s investment talent and vision are. But right now, most people seem to be focusing on Baihu Technology, a subsidiary of Shinhwa Group, but they don’t know that the value of his overseas investments is also expanding year by year.
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Over time, these investment industries deployed overseas will also bring a steady stream of income to Shinhwa Group. What makes those fund investors most happy is that they can receive generous investment dividends every year.

What makes Huifeng Bank even more vigilant is that Shinhwa Bank has become more and more famous in Hong Kong. Relying on the ever-increasing foreign exchange margin, the number and share of fragrant coins issued by Shinhwa Bank are also increasing.

Although Huifeng Bank seems to be somewhat dissatisfied with this, as far as the current situation is concerned, there is nothing they can do if they are dissatisfied. Shinhwa Bank does these things in accordance with the rules and cannot find any reason.

In the final analysis, many of the golden-collar workers in Xiangjiang seem to recognize Shinhwa Bank. Especially the investment and wealth management products issued by Shinhwa Bank, every time a recruitment order is issued, they will be sold out in a very short time.

In the words of those depositing users, if you grab it, you will earn it!

Those who are eligible to purchase, in addition to large savings users of banks, the management of Shinhwa Group, and people like Zhou Runfa, are also eligible to purchase. They can also make a lot of net profits every year by investing.

In their words, compared with using money to invest in buying a house and other appreciation, or directly depositing money to earn interest, or purchasing bank financial products, the annual dividend return is safer and more guaranteed.

It is precisely because of this that other commercial banks in Hong Kong, and even foreign banks, are very greedy and want to know why Shinhwa Bank's investment can have such a high rate of return?

In fact, these so-called investment funds are mostly used by Xu Zhengdao to win over people with gold collars or unusual family backgrounds. As long as they have interests, they will naturally know who to listen to.

When talking about this matter with Yu Jianling, Xu Zhengdao also said very directly: "I know that giving out such an investment dividend every year seems a bit painful and wasteful. But eating alone is also very taboo.
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Our bank and investment company have always kept a low profile, but we still can't hide it from some thoughtful people. Now that we can share some benefits and get recognition from the middle and upper class people in Hong Kong, do you think it is a gain or a loss?"

Shinhwa Group has gained such a great reputation and good reputation in Xiangjiang over the years, mostly because Xu Zhengdao knows how to share benefits. Even if he eats the fattest piece of meat, he will also give some soup to those close to him.<

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All the funds raised will be used for Shinhwa Group's own investment and construction projects. The annual returns on these investment projects are very impressive. Why not borrow other people's eggs to hatch your own chickens?

Occasionally, if you give some eggs from the golden rooster, others will be grateful, but Xu Zhengdao does not have to worry about investment failure. His own funds can also be better hidden, so that the outside world cannot figure out his details.

Seeing that the oil fields he purchased before have now begun to enter a period of high oil production, Xu Zhengdao also said with satisfaction: "Not bad! As for the exploration of crude oil, you should also spend more time and strive to increase the production.

As far as our current refining card capacity is concerned, it is difficult to satisfy the existing oil tankers alone. But this matter must be prepared in advance. We would rather have oil wait for the machine than let the machine wait for the crude oil. Remember?

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Xu Zhengdao rarely sells the crude oil currently excavated. Instead, he hires professional oil tankers to continuously deliver the crude oil to oil depots built in advance. Each oil depot contains black gold!
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Today's crude oil prices don't seem too expensive. But in the future, oil prices will rise year by year. In this case, the more crude oil stored, the higher the room for appreciation of these crude oils in the future.

The most important thing is that the amount of crude oil he stores in the country now also attracts great attention from the country. In their view, oil has become a strategic material that no country that wants to develop can do without.

If they are asked to spend precious foreign exchange to store crude oil that is bound to rise, how much money will they need to spend?

Now they don't need to pay, they just need to be given some policies and land, and you can see oil tankers docking at the dock. If they want to use this crude oil in the future, they can also contact Shinhwa Group.

In other words, with major oil storage and refining companies like Xu Zhengdao, the country's dependence on external oil is believed to be reduced year by year. However, when talking to the old man, he still suggested that the country build an oil reserve.

After all, even the refining and chemical industrial park invested by Xu Zhengdao in Mingzhou has stored a large amount of fuel. But correspondingly, the amount of finished gasoline and diesel pulled out from the refinery every year is also very huge.

If someone else made such a suggestion, Xu Zhenwu might not take it seriously. But every time his parents and grandchildren put forward their opinions, he attached great importance to them, and reported them to the elderly every time so that they could give corresponding opinions on how to deal with them.

"Petroleum is the fuel for future industry, and although there are many oil fields in our country, it is difficult to meet the growing demand for oil based on the current production speed and storage conditions.

It is said that what we have is what we have. The food we saved in the past is so that we will not be hungry in the future. Correspondingly, we store oil so that in the future, our ships and equipment will not have to worry about running out of oil supplies."

It was Xu Zhengdao who broke some things apart and discussed them with Xu Zhenwu carefully, and the more he listened, the more reasonable he became. In the short term, this seems a bit inadequate. But in the long term, the benefits definitely outweigh the disadvantages.
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In fact, more and more people are becoming aware of concerns about oil. In the final analysis, it is also because the country’s industrialization process is really accelerating. If the supply of oil is insufficient, a series of chain reactions will occur.

On the other hand, Shinhwa Group, leveraging this shareholder momentum, also began to build gas stations in the cities where it first invested. The emergence of these gas stations has, without exception, received widespread praise from local users.

Even the local government feels reassured when they see that these gas stations are indeed supplying various types of fuel. If there is a shortage of fuel, many projects and projects may have to stop work.
Chapter completed!
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