Chapter 253 Unified Rare Earth

The preparation time took nearly half a month, and Zhao Ye arranged dozens of acquisition teams to travel across the country to acquire rare earth companies.

The price of rare earths is super cheap, so rare earth companies are not very valuable.

In 1994, the domestic consumption of rare earths was 1.1 tons, second only to the United States, ranking second; the export volume of rare earths was 1.6 tons, ranking first in the world, earning 1.5 million US dollars.

From the perspective of rare earth production and price.

Even if Galaxy Mining Group acquires most of the rare earth companies, the cost will not exceed 100 billion RMB.

Zhao Ye's vigorous and resolute behavior style also affected other people.

Blitz acquisition plan, start now!

Baiyun Obo mining area.

Lao Wang was very leisurely lying on the rocking chair with his legs crossed and smoking a cigarette.

He owns a rare earth mining right in the Baiyun Obo mining area, and earns a lot of money from exporting rare earths every year.

During this period, the country will receive a large amount of subsidies for export earnings.

"Oh, these days are getting better and better~"

Lao Wang's thighs trembled at this time, and he couldn't help humming the most popular song at the moment: "There is a girl in the village named Xiaofang, who is good-looking and kind, with beautiful big eyes and long braids~"

"Boss, boss! Someone is looking for you!!"

Suddenly, not far away, a young man with a dark and rugged face shouted at Old Wang while running.

"Who is looking for me?" Old Wang asked loudly without raising his head.

"I don't know, I don't know him. He said he would spend 2000 million yuan to buy your rare earth company, boss!"

Old Wang's name was Wang Xiaochuan. Hearing this, his eyes widened instantly, and he jumped off the couch.

"2000 million yuan? My god, my rare earth company is so valuable. I only earn 200 million yuan a year, and the other party directly buys my company at a price 10 times higher than the profit!!!"

Wang Xiaochuan walked towards the dark man excitedly, and asked, "Goofy, where is that man now?"

"They are still drinking tea in the office building of the mining area."

Upon hearing this, Wang Xiaochuan immediately ran towards the office building in the mining area.

Not long after, Wang Xiaochuan came to the office building of the mining area, and soon after he found several new faces.

"These people are dressed in suits and leather shoes, and they seem to be people who want to buy my rare earth company." Wang Xiaochuan analyzed in his heart.

So, he stepped forward and greeted those people: "Brothers, hello, I am Wang Xiaochuan, the boss of this rare earth company."

The middle-aged man who led the group responded with a smile: "It turns out to be Boss Wang, hello, we are employees of Yinhe Mining Group. My name is Xu Boxue, and I am the team leader among us. Our company I plan to get involved in the rare earth market, so I want to buy a rare earth company from Boss Wang. Our company has already inquired about your company's business situation, so we made a quotation of 2000 million yuan. I wonder if Boss Wang is satisfied?"

"Galaxy Mining Group? I've never heard of it. It should be a new company." Wang Xiaochuan secretly thought.

He just wanted to make a move and ask the other party to raise the offer.

Unexpectedly, the other party continued: "If Boss Wang doesn't accept this offer, then forget it. The business is not worthwhile. Just treat it as making friends. Let's Yinhe Mining Group go to buy other rare earth companies."

"Oh, brother, I didn't say not to sell the company, but the price is still too low. You know, my rare earth mine has a high reserve and is worth a lot. You can get at least 2500 million yuan. I was only considering selling it to you!" Wang Xiaochuan made a heartbroken expression, as if he would lose money if he sold 2500 million yuan.

Xu Boxue shook his head and said, "Boss Wang, rare earths are not valuable things. Our company can offer 2000 million yuan to buy your rare earth company, which is considered very generous. It is impossible to increase the price. By the way, Boss Wang, we will leave here the morning after tomorrow, and there is not much time left for you to think about it. You can think about our company’s quotation carefully. We will not wait until it is outdated. There is no way, we have to go to other mining areas and say Maybe someone is willing to accept the acquisition.”

After finishing speaking, Xu Boxue and the others had already stood up, ready to leave.

Seeing this, Wang Xiaochuan became a little anxious.

This frankly only leaves me more than a day to think about it, which is not enough at all.

"Boss Wang, this is my business card. Call me when you figure it out." Xu Boxue took out a business card from his trouser pocket and handed it to Wang Xiaochuan.

Wang Xiaochuan took the business card with a tangled face, and glanced at it. The content printed on the business card was very simple, with the name of Yinhe Mining Group on the front and Xu Boxue's name, position, and phone number on the back.

"Boss Wang, goodbye!"

"goodbye!"

The trick of blitzkrieg is not to leave too much time for the opponent to think.

Wang Xiaochuan didn't sleep well tonight, and was thinking about whether to sell the rare earth company.

The next morning, dawn broke.

Wang Xiaochuan has decided to sell the rare earth company, 2000 million yuan is too much, he wants to earn 2000 million yuan, it may take 10 years.

Now that he sells the rare earth company, he will have 2000 million yuan immediately. He has even planned what to do next, and he will take his family abroad. He heard that the air in the United States smells sweet.

When Wang Xiaochuan thought of going abroad, he couldn't help looking forward to a better life in the United States...

At around 9 o'clock in the morning, Wang Xiaochuan called the number on the business card.

After a few seconds, the call connected.

"Hello, who are you?" Xu Boxue asked on the phone.

"It's me—Wang Xiaochuan, the boss of the largest rare earth company in the Baiyun Obo mining area. We just met yesterday." Wang Xiaochuan replied.

"Oh, so it's Boss Wang! How about it, have you considered it?" Xu Boxue asked with a smile on his face.

"After thinking about it, I agree with your quotation! But, can your company get me the equivalent value of US dollars? If so, I can ask for a lower price." Wang Xiaochuan is now focused on immigrating overseas with his family. He couldn't get a lot of US dollars himself, so he asked the people of Yinhe Mining Group.

Xu Boxue smiled. In all of China, no company has more foreign exchange reserves than Wujiang Group, and Yinhe Mining Group is a subsidiary of Wujiang Group, so of course there is no shortage of foreign exchange.

"No problem, our company has US dollars. You can exchange as much as you want. At present, the exchange rate between US dollars and RMB is 1:8.25. The exchange rate on the black market is higher. Our company does not take much advantage of you, and can exchange 120 million for you U.S. dollars!" Xu Boxue said after thinking about it.

"Really? Oh, thank you so much!" Wang Xiaochuan was pleasantly surprised.

Xu Boxue kindly reminded: "Boss Wang, I have studied abroad for several years. To be honest, life is not easy for Chinese living abroad, and they will be discriminated against by white people. Especially in recent years, with the rise of Wujiang Group and China's Rejuvenation, there are more and more foreigners who are hostile to us. They think that we have become stronger and made them lose their jobs! The real America is not as beautiful as you imagined..."

How can Wang Xiaochuan listen to Xu Boxue's words, and he firmly believes that the United States is a paradise.

The United States is so powerful, the most powerful country in the world.

If I can become an American and live on American soil, this life is enough.

"Thank you for the reminder, Mr. Xu. Let's see when you can come over. We signed the contract." Wang Xiaochuan frowned, showing displeasure. I don't know if the United States is good or not?If the United States is not good, how come so many people want to immigrate!

"I'll leave right away, and I'll be there in about half an hour." Xu Boxue chuckled, good words are hard to persuade, damn it, maybe he can really get along well in the United States.

After half an hour.

Xu Boxue and his team rushed to Wang Xiaochuan's rare earth company. After a brief exchange of pleasantries, the two parties went straight to the point and signed the acquisition agreement.

"Boss Wang, the funds will be transferred to your bank card soon, please pay attention to check. Finally, congratulations, you will be able to immigrate to the United States soon."

It is not easy for a millionaire like Wang Xiaochuan to immigrate to the United States.The United States is eager for rich people to immigrate to the United States, so when they apply for a green card, they will pass it directly.

Wang Xiaochuan laughed excitedly. Although his body is still in China, his heart has already flown to the United States.

"By the way, Boss Wang, I suggest that before your family goes to the United States, you can go to New Oriental Education School for short-term English training and learn some sentences for daily English communication." Xu Boxue suggested.

"Okay." Wang Xiaochuan nodded, this suggestion is very good.

He and his wife do not understand English, and they are not familiar with the place and language in the United States, which is quite troublesome.

"By the way, Mr. Xu, I will take you to meet the employees of the company and announce that I have sold the company to you."

"Ok."

……

……

The lightning acquisition went smoothly. At this time, not only Wang Xiaochuan's rare earth company was acquired, but also the bosses of many rare earth companies couldn't bear the temptation of money, and soon sold the company to Yinhe Mining Group.

As for those who haven't sold the company yet, they are still considering it, and most of them are moved.

At this time, the acquisition of Yinhe Mining Group was also known to the bosses of many rare earth companies. They never expected that there would be capital predators who took a fancy to the rare earth market and would spend huge sums of money to acquire rare earth companies frantically.

The bosses of those rare earth companies that have not been acquired are overjoyed, and then they are up for sale.

The Yinhe Mining Group has a plan for this situation, which is to spend money.

Throwing money to the other side kneels down.

The second wave of spending money, if someone is still unwilling to sell the company, let him wait for a while.

At that time, he will find that selling rare earths by himself is really not as profitable as selling rare earth companies.Wouldn't it be enviable to see colleagues in the same industry holding huge sums of money, happily spending money like water, and being extremely chic?

Over time, my heart will become unbalanced, and then I will regret it, blaming myself for why I didn't sell the rare earth company in the first place?

A week later, representatives of the Galaxy Mining Group raised the purchase price by 10% to 20% to those rare earth companies that had not yet sold the rare earth companies.

Seeing this, many mine owners were already very satisfied. At that time, more than 20 rare earth companies signed acquisition agreements with Yinhe Mining Group.

At this time, there are still some rare earth companies left, just like nail households, the lions open their mouths and are very greedy.

However, how could Zhao Ye follow their wishes?

"Let's announce to the public that the Yinhe Mining Group is recruiting workers and purchasing equipment to increase the production of rare earths. By the end of this year, the total production of rare earths will reach 4 tons, and most of the rare earths will be exported."

Exporting is impossible, Zhao Ye just promoted it like this, and then deliberately lowered the price of rare earths.

When the remaining rare earth companies cannot persist, they will sell the company to the Yinhe Mining Group.

Fei Chengyi, the first CEO of Yinhe Mining Group, smiled when he heard this: "Okay, Mr. Zhao, I will make arrangements later! It is expected that after this acquisition, our group will be able to grasp the bargaining power of domestic rare earths."

Zhao Ye nodded, and then said in a serious tone: "Japan, Europe and the United States will not easily let us control the bargaining power of rare earths, and there will be more fights at that time. We must hold on to rare earths like those real estate developers hold on to land. When they run out of rare earths in the warehouse, they will naturally come to us."

Fei Chengyi nodded.

China's rare earth reserves account for 36% of the world, and China accounts for about 80% of the global rare earth trade. If foreign companies want to buy rare earth, they can only go to China, and only China can provide them with such a large amount.

In China, although there are still some rare earth companies that have not been acquired by Yinhe Mining Group, they are all small companies with very small reserves and production of rare earths, which are completely insufficient to meet the needs of the global rare earth market.

At that time, if they are not stupid, they will not easily sell the rare earths, but wait for the price. Even if they sell at 10 or 20 times the original price, it will not be a big problem.

As the saying goes, "rare things are more expensive".Rare earth is rare, so the price should be high.

The next day, Yinhe Mining Group held a press conference, announcing to the outside world that after integrating major domestic rare earth companies, it will recruit more workers, purchase equipment, and increase rare earth production...

As soon as the news came out, the European and American reporters at the scene were ecstatic.

The production of rare earths has increased, and the price of rare earths should plummet.

Western countries can take the opportunity to buy rare earths at low prices.

As everyone knows, recruiting people and buying mining equipment are real, but they are not used to increase the production of rare earths, but to mine iron ore.

The Yinhe Mining Group needs a lot of manpower and equipment for prospecting and mining in China.

……

foreign.

"Oh, I was really shocked. When I woke up, the pattern of China's rare earth market changed. Most of the rare earth companies were acquired by one company. Now, this company almost monopolizes China's rare earths. If it asks us to increase the purchase price of rare earths, it will be very difficult for us. However, this company seems to be stupid. China has a surplus of rare earth exports and fierce competition, so the price of rare earths is very low. However, this company They actually want to increase the production of rare earths, so when we go to China to purchase rare earths at the end of the year, wouldn’t we be able to lower the price a bit!”

At a party of rare earth businessmen, a rare earth middleman laughed out loud, full of ridicule towards Yinhe Mining Group.

Many people also laughed after hearing this.

At this time, a discordant voice suddenly sounded.

"What idiots, you can still laugh now, don't you know that Yinhe Mining Group is a subsidiary of Wujiang Group? Do you think Zhao Ye is an idiot? Damn it!!! We are in big trouble!!!"

PS: I am also speechless, and I broke my promise again. I forgot that today is my mother-in-law’s birthday. As soon as I woke up during the day, my father called me to the village to celebrate my mother-in-law’s birthday, and I came back to code at night.So let's update it tomorrow.

(End of this chapter)

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