Chapter 136 Star Power Resources
Wujin's coal mine mining began before the founding of the People's Republic of China. It is adjacent to Lingxi Province, a major coal mine province. From the geological structure, it belongs to the Lingxi coal seabed. It has sufficient surface groundwater resources and is an excellent place for coal mine development. In the planning of Zhongyuan Province, with the growth of the provincial economy, Wujin's status is becoming more and more important. Zhongyuan Province plans to build several super-large thermal power plants with more than 1,000 kilowatts here in the next ten years. The Provincial Guotou Investment looks very bright to invest in coal mines here.
However, there is always a gap between beautiful hope and cruel reality. The coal mines invested by the Provincial State Investment Corporation in Wujin have fallen into serious insolvency due to improper operation, chaotic management, collusion between the top and bottom, and serious waste has fallen into serious insolvency. This investigation of the deficit of the Zhongwujin coal mine accounted for a large amount, and it was helpless that the Zhongyuan Province was willing to hand over this resource project.
In 1986, the Standing Committee of the National People's Congress promulgated the Mineral Resources Law of the People's Republic of China, and the "Regulations on the Collection and Management of Mineral Resource Compensation Fees" issued in 1994, ending the history of my country's free mining of mineral resources. In 1996, the State Council issued the newly revised Mineral Law, formally proposing to implement exploration rights based on the market economy, and mining rights can be obtained for a fee and transferred in accordance with the law. The proposal of these documents opened the door for private enterprises and local enterprises to enter the mineral resources industry that was previously controlled by state-owned enterprises. Although later, due to large-scale mining disasters in Lingxi and other places and random mining across the country, non-state-owned resource enterprises were criticized by all walks of life across the country, the establishment of these enterprises at that time was indeed a reasonable reform way to solve the low efficiency and overflow of people.
Lingxi Province next door has been experimentally developed by several private enterprises in the past few years, and the feedback has been good. This time, the Zhongyuan Province handed over to Zhongxing International is one of the best coal mines in Wujin City. According to Yang Xing's memory, although the coal prices in recent years are low, the coal prices will go crazy in a few years. Moreover, this time, Hitachi also transferred some low-emission thermal power generation equipment technology to Xingwei Resources. He decided to use Xingwei Resources, who is the CEO himself, to use Wujin's coal mine resources to build an environmentally friendly and low-carbon thermal power plant with the province.
As for the molybdenum ore in Dingyang City, which is at the southernmost end of the province, close to northern Hubei Province, everyone is familiar with molybdenum ore. As an additive for producing various alloy steels, molybdenum contains a great military purpose. China's molybdenum ore is the world's largest in terms of proven reserves, the molybdenum ore reserves in Zhongyuan Province rank first in China, and the molybdenum ore reserves in Guguchuan City, which is under Jiudu, are the first in the Central Plains.
However, this molybdenum ore is just like the rare earth that was quarreled in the past life. At this time, the price in the world metal trading market is very low. The price of China's takeaway molybdenum ore is similar to the price of selling soil. According to his memory, after 2003, the prices of bulk resource commodities soared, and the export price of molybdenum ore has increased by more than triple. If a large mine can be found now, after a few years of exploration and mining, it will just catch up with the wave of price increase in resource commodities!
But now it is too late for Xingwei Resources to attack Fukugawa. The molybdenum ore there is basically monopolized by Jiudu Molybdenum Metal Company. Even if Yang Xing and others join, they can only get some mines with low grade and small output. Zhongxing International is very difficult to attack Jiudu Molybdenum Metal Company. Even if Zhongxing International can cover the sky in Jiudu, Jiudu Molybdenum Metal Company is a direct subsidiary of the Ministry of Metallurgy. If you want to move it, you must first ask the Ministry of Metallurgy’s opinions!
In comparison, the molybdenum ore exploration in Dingyang, southern Central Plains Province funded by the Provincial State Investment Investment, is more attractive, but geological exploration is sometimes like a big prize, and the result is not known until the last moment. If Xingwei Resources, which replaced the Provincial State Investment Investment, spend a lot of money to explore a pile of useless stones, the money will be completely wasted. What you see now is only a preliminary evaluation report, which is that there is a very large molybdenum ore deposit in Dingyang's Qiandou Mountain, but the specific location requires additional funds to explore in detail.
Putting aside the professional discussion, Yang Xingjing thought about it carefully. Everyone thought he was calculating the feasibility of the project and did not disturb him waiting for his decision. After all, once this project was launched, hundreds of millions of yuan would be just a drizzle. Ores had to be transported out of the deep mountains and forests, and to build molybdenum metal deep processing enterprises in the local area, which might even change the development pattern of the molybdenum industry in Central Plains Province. It was not surprising that investment of billions was invested at that time.
Suddenly, he remembered that he had searched the resources of Zhongyuan Province online and accidentally saw a message in Dingyang that he discovered a large molybdenum ore with a reserve of 600,000 tons. The reserves of a single ore body rank first in the country. If it is a fact, Yang roughly estimated that the economic benefits of this mine alone would exceed 200 billion yuan, which is really a gold medal!
He was ecstatic and felt that hard work these days had finally gained something. However, he also knew that if he really wanted to discover such a large molybdenum ore, he would probably not be able to take it alone. However, with the contribution of Xingwei Resources' early exploration and development, the largest mine share would never be eliminated.
He slapped the table and scared everyone: "I decided to invest 100 million yuan in exploration first, and then look for mines for me in Qiandou Mountain, Dingyang City for three years. If there is not enough manpower, please invite the best exploration teams at home and abroad. You guys, you can't bear to leave your children and can't trap wolves, your wife can't catch hooligans, and you don't have the determination to burn your boats, how can Xingwei Resources go to the world!"
Since he made the decision, there is naturally no objection. Anyway, Xingwei Resources is now Yang Xing's one-man show, and he can decide all company decisions before finding a suitable manager. However, considering that Xingwei Resources will be listed in June, the disclosure of major matters will affect the stock price trend after listing. For this reason, Yang Xing decided that the funds will not be taken from Xingwei Resources' account for the time being, but will be invested by Xingdou Research Institute on the surface and jointly explored with the Central Plains Geological Exploration Bureau. Xingwei Resources only purchases the exploration results and will not disclose them when they are listed. At this time, the advantages of Zhongxing International Groupization are reflected, and Yang Xing changes money with his left hand and transfers money to do it.
With the gratifying future expectations of Dingyang Molybdenum Mine, Yang Xing felt that taking over the hot potatoes of Shengguo Investment were not in vain. It can be seen that this gold is everywhere, but it just needs to be discovered by those who are interested. While he was happy, he solved the big troubles of Shengguo Investment. Everyone was in high spirits and consulted about their respective companies.
Yang Xing knew that as his company went public one by one, his subordinates would unconsciously rely on his judgment. His future work would be more intentional directing and less arrangements for specific matters. Therefore, many subordinates' suggestions were ambiguous, making his subordinates feel that the boss's semantics were profound and needed to be carefully considered.
But some major personnel arrangements still need to be approved by him, such as the CEO arrangement of Xingchen Manufacturing. At this meeting, Yang Xing officially notified everyone on behalf of his father that after Xingchen Manufacturing was launched in April, Yang Rongguang will nominate Yingkai as COO (Chief Operations Officer), and the position of CEO will be awarded to Soichiro Fujino at the appropriate time. He himself serves as the CTO (Chief Technology Officer) of Xingchen Manufacturing. Everyone expressed their respect for Yang Rongguang and Yang Xing's demeanor. Many Chinese consortiums talk about the unconventional surrender of talents. In fact, how many people dare to let a Japanese take this position?
Another personnel arrangement was proposed by Fang Kai. After more than half a year of contact, Wei Shaodong, one of the four young masters of Shanghai, agreed to join Xingfu Investment and serve as Fang Kai's deputy operating stock market in China. As the designer and founder of the Shanghai Stock Exchange, Wei Shaodong was once called the number one person in China's stock market. Because he was less than 40 years old at the time, he was called the "youngest boss in the global exchange" and made great contributions to the development of the Shanghai Stock Exchange and the formulation of regulations.
In the first half of the 1990s, Wei Shaodong, then general manager of the Shanghai Stock Exchange, and Guan Jinsheng, president of Wanguo Securities, and Kan Zhidong, who was the president of Wanguo Securities, were called "Three Talents of Shanghai Securities". However, Xiao He was successful and failed. Because of the "327 Treasury bond futures incident", Guan Jinsheng was accused of "disturbing the market" and was in prison. Wei Shaodong also resigned due to supervision failure. After stepping down, he formed a small advertising company himself. With his connections, the company developed well, but after Fang Kai visited the cottage three times, it aroused his ambition to make a comeback in his old business, so he reluctantly agreed to the invitation of Xingfu Investment.
A stone caused a thousand waves, and his appointment caused quite a lot of debate. Most people know Yang Xing's history of making a fortune. I remember that when Wang Yunqi and him cooperated with him to fight against Wanguo Securities and the Shanghai Stock Exchange in 327 treasury bonds, why did Wei Shaodong, who was the failure, turn over and become a senior management manager of the company? You must know that everyone is tacitly aware that no matter how glorious their company is outside, it is not as important as Xingfu Investment, which holds the financial power. As soon as Wei Shaodong enters Xingfu Investment, he is inferior to tens of thousands of people, and it is inevitable that some people will not be convinced.
Yang Xing listened for a while and signaled everyone to stop arguing, "I will not comment on President Fang's standard for hiring people. This is within his authority. If Manager Wei's ability and position do not match, can he be fired in the future? There is no basis for evaluation now. What I want to say is another thing."
"I want to create such a corporate atmosphere in the enterprise first. Failure is not scary. It is said that the domestic corporate environment is very different from that in foreign countries. One of the important ones is that in our corporate culture, the idea of success and defeat is extremely serious. It seems that there is only one standard for evaluating entrepreneurs' success, and it is enough to make money."
"I have heard a saying that it is not difficult for a bankrupt person to find a job in the United States, because his failure once does not prove that his life ends. As long as a person is not dead, there is a chance to make a comeback. Why not give him this opportunity? If he goes bankrupt ten times in a row and can get up and start a business every time, then when he starts his eleventh business, the bank will rush to lend him a loan, because there are too many possibilities in this person. Who knows if he will be the next Steve Jobs?" After Yang Xing finished speaking, the entire conference room was silent, and everyone fell into deep thought.
Chapter completed!