Reborn Entrepreneurial Giant.

Chapter 182 Inventory
私募股权投资周期一般3~5年，时间长的甚至可以有10年，曲黎陷入湘江投资的资金最初是通过抵押贷款得到的1.5亿美元，做多国际原油时赚到6亿美元总共7.5亿。

Among them, 6000 million was bought short-term options on crude oil and transferred to the Vision Fund, another 6.9 million US dollars was invested in Xiangjiang Company in Xiangjiang, and 5 million Ruanmei coins were invested in domestic companies. Due to compliance issues, these funds will be withdrawn in the short term. Can't come out unless the shares are transferred to others.

So how much money does Qu Li still have? $5000 short options on the three major stock indexes and U.S. stocks, $6000 million short options on crude oil, $3.5 million in yen and euro deposits, and $1.5 million in loans.Sun Jianhe acquired 5700 million shares of Spreadtrum Communications for US$1500 million, invested US$1000 million in Riot Games, and US$2 million plus leverage to short US stocks (Lehman Brothers, etc.).

国内30.5亿软妹币，6月份比亚迪定增5000万股锁定了18个月，用了4.4亿，8月份股价下跌时通过大宗交易在8港元的价格买了5000万股，耗资4亿港元软妹币3.5亿软妹币但没有锁定期。收购聚美股票用了11.7亿，算上利息收入还剩6亿。

According to the final statistics, Vision has a total of US$5.5 in cash plus US$1.5 million in debt, and about 6 million soft sister coins, plus US$6000 million in international crude oil put options, and US$5000 in the three major stock indexes and the bearish positions of Liangfang, AIG, and Citigroup. options.Other assets include about 1% of Facebook, 15% of Twitter, 35% of Riot Games, Youku with an investment of 150 million US dollars, and 15% of Xiangcai Securities.

"Do you want to buy Xiangcai Securities?"

"I have won 20% of the shares of Xiangcai Securities, and the price is 6.5 million." Sun Jianhe reported to Qu Li that although there was obstruction from Huxiang executives, the panic caused by the financial crisis and the lack of money could not be stopped. Someone is always willing to cash out. "If the Huxiang government is ignored, we can increase our shareholding to 60%."

"Don't irritate them. After all, we need long-term cooperation." Qu Li interrupted Sun Jianhe. A few years ago, the court was short of money. Super rich people like Li Bancheng could dictate in the country, and millionaires could come and go in the city. Now the situation Reversal, the corrupt officials in the cell with tens of millions of assets are considered poor.

"A securities company is a large financial operation platform." Sun Jianhe seemed to hear that Qu Li did not want to acquire Xiangcai Securities.

"I~~" Qu Li wants to find a partner, but he is an Internet high-tech person, and the glory of gathering beauty is not considered a real success. At this time, he switched to finance, what would others think?Hunan Province's obstruction of Qu Li's acquisition of Xiangcai Securities may not be due to concerns about his ability and energy.

"What's the purpose of acquiring Xiangcai?" Qu Li's previous intention to acquire Xiangcai was partly because of Zhang Yiwen's consideration and Jupay's future needs.Now that something happened to Zhang Yiwen, he couldn't grasp it, and things naturally became complicated.

"Forget it, let's continue the acquisition, but after the acquisition, we must insist on digital transformation and wealth management, and I will help..." Qu Li thought that Jumei's third-party sellers now have supply chain finance needs
"Then we can only wait for the matter of Lehman to come to an end..."

"Then just wait, we still have a lot of things to do, and Spreadtrum is also very important."

"The price from Texas Instruments is too high..."

"Then wait a little longer, Lehman goes bankrupt or is acquired, AIG, Citigroup, Liangfang and General Motors, there will always be a result..." Qu Li thought, very sure of this: "Power batteries and nickel-cobalt Lithium has an idea?"

"Power batteries are more difficult. Nickel ore is mainly divided into nickel sulfide and laterite nickel. Nickel sulfide ore is expensive and is mainly distributed in South Africa, Canada and Russia; laterite nickel ore is mainly distributed in Indonesia, Australia and the Philippines..."

"Cobalt mines are mainly distributed in Congo, and 73% of lithium resources are distributed in North and South America. In terms of countries, there are mainly Bolivia, Chile and Argentina, the United States, Australia and China..."

"There is no leading enterprise in nickel mines. There is a company called Huayou Cobalt Industry in Zhejiang Province, Ganfeng Lithium Industry in lithium mines, and a lithium mine company called Talison in Australia has acquired the world's largest Greenbushes lithium concentrate..."

"We are now investing in Huayou Cobalt and Ganfeng Lithium to support their development, and we will cooperate with them after establishing a power battery company to ensure supply..."

"I think that even if the pure electric vehicle industry can develop, it will take more than ten years. We don't need to start the layout so early..." Sun Jianhe thinks that Qu Li's layout of the entire industry chain at this time is too much. In line with investment logic.

"This is the difference in our thinking. You use financial thinking, and I use industrial thinking. Assuming that pure electric vehicles can replace fossil fuel vehicles, is nickel, cobalt and lithium an oil resource in the new era? Is there any strategic value? We invest now , if you fail in the end, how much is the loss, and once you succeed, how much will you gain if you win the bet?" Qu Li was not angry

"I understand, and I will strictly implement it." Sun Jianhe took a deep breath. Is this the general pattern of entrepreneurs?
"The nickel mining industry still needs to find a partner. The development cost of laterite resources in Indonesia is the lowest; for lithium mining, Australia's market environment is better..."

"Australia?" Qu Li remembered that he invested in FMG, the world's fourth largest iron ore company, last year. He bought more than one yuan, and it rose to more than 11 yuan last month. If he was not worried about the depreciation of the Australian dollar, he really wanted to go short.Crude oil prices have collapsed, how can iron ore maintain high prices?
Of course, this is important. As one of the Five Eyes alliances, Australia has learned the strengths of Lafayette: to measure Australia's material resources and to win the favor of the United States. There will be many conflicts in the future.So if you can transport a little resources from Australia back to China, then try to transport as much as possible.Australian capital can flow freely, and it is enough to run away half a year in advance.

"Well, I also found out that there is a university in China that can become the Whampoa Military Academy of the lithium battery industry, and a large number of core teams of battery companies come from this university."

"Tsinghua University or Peking University?"

"No, it's Central South University in Hunan Province. BYD's President Wang graduated from this university. Professor Ouyang Gao, head of the National New Energy Vehicle Special Team..."

"Then what battery companies are there in Hunan Province?"

"...It seems that there is really no..."

Can Hunan Province fail to retain talents, or is there no environment for business growth?
If it is for making money, then investing in Ningde era is the best choice. For example, Pei Hua of Ningbo Lianchuang, their major shareholder, met Lihua who worked in Ningde era when he was studying at China Europe Business School in 2014.

Due to national policy restrictions, Ningde era will change from foreign capital to domestic capital, so Pei Hua has the opportunity to take over 8900% of the shares transferred by ATL for 15 million yuan.A few years later, the listed market value of Ningde Times exceeded one trillion yuan, and his shareholding ratio dropped to 7.75%. The market value of this part of the stock was as high as 775 billion yuan.

If Qu Li was reborn a few years later, maybe he would have taken this chance of Pei Hua, this is lying down, comrades!In case anyone is reborn, don't forget to participate in the EMBA training, and then take away the opportunity...

It's a pity that the way of doing business is different. Like Samsung Group and BYD, it can only maintain its own competitive advantage by integrating the upstream and downstream industrial chains.Therefore, it is imperative for Qu Li who wants to build a car to have his own power battery company.

(End of this chapter)