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Chapter 697 Local currency transactions, 500 billion(1/2)

"Oh? So fast? Hurry up and tell me the specific situation, and then whet my appetite, be careful that I put my little shoes on."

When Hu Yang saw Xia Bing stop mid-sentence, he couldn't help but feel hatred. This guy has learned how to whet the boss's appetite!

Xia Bing smiled slightly and felt very comfortable. However, she did not dare to continue joking with Hu Yang and said quickly:

"Two companies have made pretty good bids. Among them, Australia United Mining has offered US$70.3 billion to purchase 45% of the equity in our Konkola copper mine. Another company, Bauhinia Mining, has offered US$70 billion to purchase the above-mentioned equity.

.”

70 billion US dollars, according to the current exchange rate, is almost 500 billion RMB. This is a very huge amount of money, and even Gao Mingkang was moved after hearing it.

“Mr.

The amount of this transaction was too large. Even if Xia Bing had Hu Yang's authorization, it was impossible for him to act arbitrarily.

Even Hu Yang needs to be cautious and cautious. He even needs the executive members of the decision-making committee to provide him with reference opinions.

Xia Bing put away the smile on her face and said seriously: "Okay, boss!"

"Okay, you go and do your work first."

Hu Yang stood up with a smile and sent Xia Bing out the door.

This is an attitude, which means that he attaches great importance to this transaction. Therefore, instead of feeling honored, Xia Bing feels that the burden on him is heavier.

"Mr. Hu, sometimes I really envy you. You are a typical person who can make a lot of money while lying down. Hey, just say that I, who have been working so hard all day long, can't even compare to your income in so many years."

Gao Mingkang is not jealous of Hu Yang, he just feels that compared with industrial capital and financial capital, the speed of making money makes people feel unbalanced.

"Mr. Gao, this kind of good thing comes only once in a lifetime. To be honest, when I invested in the Kangkara Copper Mine, I never expected that such a good thing would happen again.

If we talk about the contribution to the national economy, I have always believed that the manufacturing industry is the biggest. To tell you the truth, I am writing a proposal recently, which is about this aspect. The main content is to prevent the excessive development of the financial industry and avoid the economic devaluation.

Virtual."

Although Hu Yang is the myth of the undefeated capital market, he does not agree with the excessive prosperity of the financial industry. Because the positioning of the financial industry should be to serve the real economy, rather than countless funds idling there.

When he initially invested in the Konkola Copper Mine, he did not do so with speculative thoughts. At that time, commodity prices were not high, and domestic demand for copper was also growing rapidly. He actually went there with the intention of making a long-term investment.

Unexpectedly, his luck was so great that a large number of hidden reserves were discovered in the Konkola copper mine, so that his investment doubled countless times.

What is this called? This is like a big pie falling from the sky, and it just hit him on the head of Populus euphratica. He would not be envious of it.

Gao Mingkang thought about it and couldn't help but smile.

When it comes to investment, Hu Yang is definitely a master-level figure, because his past achievements are there. But he doesn't really believe in the myth of being undefeated. Rather than saying it is a myth, it is better to say that Hu Yang's luck is really amazing.

"Mr. Hu, no matter what, I still want to congratulate you. So, does your promise just now count? If Mingkang Communications encounters financial difficulties, I will come to you."

Gao Mingkang has already integrated himself into the Huijia family, and he is the backbone of the Huijia family.

So there is nothing wrong with this sentence.

Hu Yang nodded and said with a smile: "Of course it counts! Just rush forward, I will be behind you."

"Yes, as long as you say this, it will be done. I still have something to do, so I want to leave. When I have free time, I will ask you to go play ball with me."

Gao Mingkang smiled and then stood up to say goodbye.

Although he didn't say it, he knew it in his heart. The reason why Mingkang Communications has developed to the scale it is today is absolutely inseparable from Hu Yang's support.

Five days later.

Xia Bing, Australia United Mining and Bauhinia Mining have basically finished what needs to be discussed.

Both companies are large-scale enterprises with considerable scale. Their quotations are not made on a whim, but after detailed calculations, and the range of changes is minimal.

"Boss, Australia United Mining has raised its offer to US$70.5 billion, which is their final offer. Bauhinia Mining's offer is US$70.2 billion, which is also the final offer."

Xia Bing spent a lot of effort to get this price from the two companies. She felt that Populus euphratica would probably choose Australian United Mining, after all, their offer was US$300 million higher than Bauhinia Mining.

300 million U.S. dollars is not a small number. According to the current exchange rate, it would be more than 2 billion RMB if converted into RMB.

Hu Yang thought about it and said, "The date is almost here, so we will hold a meeting of the decision-making committee the day after tomorrow to discuss this matter."

Xia Bing nodded. There was no rush anyway. We might as well discuss it at a meeting in the next day or two.

Hu Yang immediately asked Wu Xinhui to call all executive committee members and ask them to come to the investment building on time for a meeting the day after tomorrow.

When the day came, the executive members of the Huijia Department's decision-making committee came to Shenhai from all directions, and no one asked for leave or was absent.

After the meeting began, the first topic everyone discussed was naturally related to the suppression in North America.

Now, reconstructing the supply chain and replacing it with domestic products are top priorities for the entire Huijia department. At the meeting, everyone talked about the work progress during this period and the next work plan.

"Everyone, there is something else I need to discuss with you. Mr. Xia, please tell me."

After the first topic was over, Hu Yang asked Xia Bing to introduce to everyone the equity transfer of Konkola Copper Mine.

After Xia Bing finished her brief introduction, the conference room suddenly fell silent.

After a while, Yan Hanzhang was the first to jump out: "Mr. Hu, our life at Charming Semiconductor is hard now. When the funds for your equity transfer arrive, you must give us priority."

As soon as he took the lead, the others were also ready to make a move. Even Meng Rusong, who had always been steady, could not sit still. He moved his mouth several times, but others took the lead.

"Hey! Stop it! This matter hasn't been settled yet, and you're already thinking about it? Now let's talk about it, which company should we choose for trading?"

The more Hu Yang listened, the more uncomfortable he became. He quickly knocked on the table and the conference room finally became quiet.

Wan Qingshan was the first to speak: "Mr. Hu, do I need to say this? The party with the higher bid must win. After all, the difference is 300 million U.S. dollars, which is not a small amount."

Meng Rusong also smiled and shook his head, and said: "Mr. Hu, don't make everyone happy. Just sell your shares to the Australian United Mining Company quickly. Getting the money is the most important thing."

Xu Younian disagreed. He glanced at Mu Shaoqing. Mu Shaoqing made a "please come first" gesture, and then he said: "Now I have a question, Mr. Hu, you and the Konkola Copper Mine

Have the other shareholders discussed this matter?"

"Not yet, but the two major shareholders of Konkola Copper Mine, President Wu Gang and President Xia Guoheng, will go to Shenhai later today, and I will talk to them then.

You should consider the transaction itself first, and think about it carefully. In addition to financial interests, are there any other factors that need to be considered?"

Hu Yang did not give questions to test everyone, but he himself repeatedly weighed the pros and cons in his mind, and was somewhat hesitant.

Xu Younian waited for Hu Yang to finish speaking before continuing:

"If you don't consider the issue of partners, I suggest choosing Bauhinia Mining. The reason, as everyone knows, is that China will need to import a large amount of copper in the future.

When the price gap is not very large, I suggest selling this part of the equity to domestic companies. The vigorous development of the application side is the booster for the development of our Huijia semiconductor industry."

As soon as he said these words, everyone present fell into deep thought.

To be honest, in business, everyone first considers interests, and there is nothing wrong with it. However, due to the gradual escalation of suppression in North America, the way these people think about problems has begun to change.

As Xu Younian said, if the raw materials are blocked by others in the end, can the domestic electronic information industry be good?

You must know that as the application end of the semiconductor industry, whether it is the electronic information industry or others, it has a huge pulling effect on various semiconductor products.

"I think what Mr. Xu said makes sense, and I support his point of view. I wonder if you have ever thought about it. The development of the semiconductor industry is closely related to downstream applications. We support domestic enterprises, is it just in line with our domestic substitution strategy?

What about overlap?”

Mu Shaoqing was the first to stand up and support Xu Younian.

His logic is very clear. Whether it is the upstream or downstream of the semiconductor industry, everyone is highly interconnected in the end. Sometimes it can even be said that one will prosper and the other will suffer.

The deep-seated problem here stems from the suppression in North America. The Huijia series must eventually achieve complete domestic replacement.

For those that cannot be replaced for the time being, we will only cooperate with European and RB companies.

When Mu Shaoqing said this, everyone can understand. Compared with a few hundred million dollars more or a few hundred million dollars less, the life and death of the Huijia Group is a big deal.

Hu Yang listened to their discussion quietly and did not interrupt.

However, he has basically reached a conclusion in his mind. He feels that what Xu Younian, Mu Shaoqing and others said is right. The Huijia Department cannot just talk about comprehensive localization substitution but fail to do so in actual actions.

Support domestic enterprises.

"Everyone, please be quiet. Mr. Xia, go talk to Zijing Mining. If there are no problems, Huijia International Investment holds 45% of the shares of Konkola Copper Mine and sell it to them."

Hu Yang made the final decision and finally decided to earn US$300 million less and sell this part of his equity to the domestic Bauhinia Mining.

Hearing this, Xia Bing nodded silently.

"I haven't finished speaking yet. Mr. Xia, please remember that I have a few requirements. First, this transaction between the other party and us must be priced in RMB and settled in RMB."

Hu Yang waited for a while and then added another sentence.

His meaning is very clear, which is to fix the transaction price in RMB according to the exchange rate at this time, and the final settlement will also be in RMB.

The current exchange rate of USD to RMB is 7.39, that is, one USD is exchanged for RMB 7.39 yuan.

Calculated based on US$70.2 billion, the total RBM is 518.778 billion yuan.

As soon as Hu Yang finished speaking, Xia Bing and Mu Shaoqing looked at each other, and their eyes lit up almost at the same time.

Compared to several others, Xia Bing and Mu Shaoqing are undoubtedly more familiar with finance.

Currently, the RMB is in an appreciation cycle against the US dollar. In the foreseeable future, such as within one year, this trend should be difficult to change.

Hu Yang was very particular about this request. Transactions between two domestic companies can be conducted in RMB.

The advantage of doing this is that on the one hand it allows Huijia International Investment to avoid exchange losses, and on the other hand it does no harm to Bauhinia Mining.

"Mr. Hu, your idea is really brilliant! I was only thinking about foreign investment equity transactions before, but I never thought of this workaround.
To be continued...
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