my life reset

Chapter 697 Local currency transaction, 5000 billion

Chapter 697 Local currency transaction, 5000 billion

"Oh? So fast? Hurry up and talk about the specific situation, and then whet my appetite, be careful that I wear small shoes."

Hu Yang saw that Xia Bing stopped halfway through his words, and couldn't help but grit his teeth with hatred.This guy has learned to whet the boss's appetite!
Xia Bing smiled slightly, feeling very refreshed.But she didn't dare to continue joking with Hu Yang, so she said quickly:
"There are two companies whose bids are not bad. Among them, the Australian United Mining Group bid 703 billion U.S. dollars to buy a 45% stake in the Conkola Copper Mine in our hands. Another Bauhinia Mining, they bid 700 billion U.S. dollars to buy the above-mentioned shares. .”

700 billion U.S. dollars, according to the current exchange rate, is almost 5000 billion RMB.This is a huge sum of money, even Gao Mingkang was moved when he heard it.

"Mr. Xia, let's have a good talk with these two companies. After you have the preliminary results, you will report to me. At that time, you may need to hold a meeting of the decision-making committee to discuss it."

The amount of this transaction is too large, even if Xia Bing has Hu Yang's authorization, it is impossible for Xia Bing to act arbitrarily on his own.

Even Hu Yang needs to be more 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 his face, and said seriously: "Okay, boss!"

"Okay then, you go to work first."

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

This is an attitude, which means that he attaches great importance to this transaction.Therefore, instead of feeling honored, Xia Bing felt that the burden on her body was even heavier.

"Mr. Hu, sometimes I really envy you. You are the typical example of someone who can make a lot of money while lying down. Hey, you can just blame me. I work hard all day long. How many years is not as good as your income."

Gao Mingkang is not jealous of Populus euphratica, he just thinks that compared with financial capital, the speed of making money makes people feel unbalanced.

"Mr. Gao, such a good thing happens once in a thousand years. To be honest, when I invested in the Kangkala Copper Mine, I never expected such a good thing to happen.

If we talk about the contribution to the national economy, I always think 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 prevent the economy from becoming false. "

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

At the beginning, he did not invest in the Kangkola Copper Mine with speculative ideas.At that time, the price of bulk commodities was not high, and the domestic demand for copper was also growing rapidly. He actually went for long-term investment.

Unexpectedly, his luck was overwhelming, and a large number of hidden reserves were discovered in the Kangkola Copper Mine, so that his investment was multiplied countless times.

What is it called?This is like a big pie falling from the sky, and it just hits Populus euphratica on the head, so I can't envy him.

Gao Mingkang thought for a while, and couldn't help but smile.

When it comes to investment, Hu Yang is definitely a master figure, because the past record is there.But he didn't really believe in the myth of invincibility. Rather than saying it was a myth, it would be better to say that Hu Yang's luck is really amazing.

"Mr. Hu, no matter what, I still want to congratulate you. Well, is your promise just now worth it? If Mingkang Communication encounters financial difficulties, I will come to you."

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

So there is nothing wrong with this sentence.

Hu Yang nodded and said with a smile: "Of course it counts! You just charge forward, there is me behind."

"Yes, it's enough with your words. I still have something to do, so I want to leave. If I don't have time later, I'll call you to play together."

Gao Mingkang smiled, then got up to leave.

Although he didn't say it on his mouth, he knew it very well in his heart.The reason why Mingkang Communication can develop to this scale today is absolutely inseparable from the support of Hu Yang.

Five days later.

Xia Bing, Australia United Mining and Bauhinia Mining have basically finished their talks.

Both companies are large-scale enterprises with considerable scale, and their quotations are not based on a whim, but have been calculated in detail, and the range that can be changed is very small.

"Boss, Australia United Mining has raised its offer to US$705 billion, which is their final offer. And Bauhinia Mining's offer is US$702 billion, which is also the final offer."

It took Xia Bing a lot of effort to get this price from the two companies.She felt that Populus Hu Yang would probably choose United Mining Australia, after all, their offer was $3 million higher than that of Bauhinia Mining.

3 million U.S. dollars is not a small figure. According to the current exchange rate, it would be more than 20 billion yuan when converted into RMB.

Hu Yang thought about it, and said: "It just so happens that the day is almost here, then we will hold a meeting of the decision-making committee the day after tomorrow, and we will discuss this matter."

Xia Bing nodded, anyway, there is no rush to discuss it at the meeting in a few days.

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

When the day came, the executive members of the Huijia decision-making committee came to the deep sea from all directions, and no one asked for leave to be absent.

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

For now, the reconstruction of the supply chain and localization replacement are the top priorities of the entire Huijia Department.At the meeting, everyone talked about the work progress during this period and the next work plan.

"Everyone, there is still something that needs to be discussed with everyone. Mr. Xia, please tell me."

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

After Xia Bing's brief introduction, the conference room was suddenly quiet.

After a while, Yan Hanzhang was the first to jump out: "Mr. Hu, our life at Charm Semiconductor is suffering. When the funds from your equity transfer arrive in the account, you must give priority to us."

As soon as he took the lead, the others were also ready to move.Even Meng Rusong, who has always been prudent, couldn't sit still. He moved his mouth a few times, but others took the conversation away.

"Hey! Stop it! This matter has not been settled yet, and you are already thinking about it? Now let's talk about it, which company should we choose for the transaction?"

The more Hu Yang heard it, the more uncomfortable he became, he knocked on the table quickly, and the meeting room became quiet.

Wan Qingshan was the first to speak: "Boss Hu, do you need to talk about it? The one with the higher bid must win. After all, the difference of [-] million US dollars is not a small sum."

Meng Rusong also shook his head with a smile, and said, "Mr. Hu, don't make fun of everyone. You can simply sell your equity to Australia United Mining. The most important thing is getting the money."

Xu Younian didn't think so, he glanced at Mu Shaoqing, Mu Shaoqing made a gesture of "please first", and he said, "Now I have a question, Mr. Hu, you and Kangkola Copper Mine Has the other shareholders of the company discussed this matter?"

"Not yet, but the two major shareholders of the Kangkola Copper Mine, Mr. Wu Gang and Mr. Xia Guoheng, will go to the deep sea later today, and I will talk to them then.

You should first consider the transaction itself, and think about it carefully, besides economic interests, are there other factors that need to be considered? "

Hu Yang didn't come up with questions to test everyone, but he himself weighed the pros and cons repeatedly in his mind, a little 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, I don't say it, everyone knows that in the future, the country will need to import a large amount of copper.

If the price gap is not too large, I suggest selling this part of the equity to a domestic company.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 talk business, everyone first considers the issue of interests, and there is nothing wrong with it.However, due to the escalating suppression in North America, the way these people think about issues has begun to change.

As Xu Younian said, if the raw materials are stuck by others in the end, will the domestic electronic information industry be able to do well?

You know, as the application side of the semiconductor industry, whether it is the electronic information industry or others, it has a huge role in stimulating various semiconductor products.

"I think what Mr. Xu said is reasonable, and I support his point of view. I don't know if you have thought about it, but 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 coincidence?"

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 connected in the end, and sometimes it can even be said that one prospers and the other loses.

The deep-seated problems here stem from the suppression in North America, and the Huijia series will eventually be completely replaced by localization.

If it cannot be replaced temporarily, it will only cooperate with European and RB companies.

When Mu Shaoqing said this, everyone could understand.Compared with a few hundred million dollars more or less than a few hundred million dollars, the life and death of the Huijia Department is a major issue.

Hu Yang listened to their discussion quietly without interrupting.

However, he has basically come to a conclusion in his heart.He felt that what Xu Younian, Mu Shaoqing and others said was right, and the Huijia Department could not just talk about the need for a full-scale localization replacement, but not support domestic companies in actual actions.

"Everyone, please be quiet. Mr. Xia, go talk to Bauhinia Mining. If there is no problem, Huijia International Investment holds a 45% stake in the Kangkola Copper Mine and sell it to them."

After Hu Yang made a final decision, he finally decided to make less than [-] million US dollars and sell this part of the equity to the domestic Bauhinia Mining Industry.

Xia Bing nodded silently upon hearing this.

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

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

His meaning is very clear, that is, according to the current exchange rate, the transaction price is fixed in RMB, and the final settlement is also in RMB.

The current exchange rate of US dollar to RMB is 7.39, that is, one US dollar converts to RMB7.39.

Based on the calculation of 702 billion US dollars, the combined RBM is 5187.78 billion yuan.

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

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

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

Hu Yang made this request very carefully.Transactions between two domestic enterprises can be carried out in RMB.

The advantage of doing this is that on the one hand, Huijia International Investment can avoid exchange losses, and on the other hand, it is not harmful to Bauhinia Mining.

"Mr. Hu, your idea is really clever! I just thought about foreign investment equity transactions before, but I didn't think of this workaround.

Everyone, the RMB is now in the process of appreciation, and this transaction cannot be completed in a short period of time, and the time span will be as long as half a year to a year.If settled in U.S. dollars, we will lose 1 billion yuan for every 51.88% appreciation of the RMB. "

Seeing that many people hadn't reacted yet, Xia Bing smiled and explained.

There are many things involved in this equity transaction, and it will take a long time for the entire transaction to be completed.But once the contract is signed, the total price of the transaction target will be fixed.When the transaction is completed half a year later, the exchange difference may be more than 1%.

Not to mention supporting domestic companies, if the equity is sold to Australia United Mining, the other party will definitely settle in US dollars at that time.Although the other party’s bid was 22.17 billion yuan (3 million U.S. dollars) higher than that of Bauhinia Mining, the exchange difference was definitely more than double this figure.

Everyone reacted to Xia Bing's explanation.

Meng Rusong looked at Hu Yang with admiration.

"Mr. Hu, you are still smart. In this way, we have all the face and face, and you really have it."

Hu Yang smiled and waved his hands, and said, "We're all from our own family, so there's no need to flatter each other, right? Alright, that's all for today's topics, and it just so happens that it's noon, let's go eat."

Hu Yang announced the end of the meeting, and everyone went up to the restaurant on the top floor in twos and threes, ready to have lunch.

The matter of the equity transaction of the Kangkola Copper Mine was settled in this way.

A few days later, Huijia International Investment and Bauhinia Mining signed an equity transfer agreement.Huijia International Investment will transfer 45% of the equity in the Kangkola Copper Mine to Bauhinia Mining at a price of (RMB) 5187.78 billion yuan.

After the agreement took effect, Bauhinia Mining first paid Huijia International an investment of 1187.78 billion yuan.The remaining payment, according to the agreement, will be paid within half a year.

Because it is a cross-border equity transfer, the procedures are relatively troublesome.For example, the equity transfer of the Kangkola Copper Mine must be approved by Zambia, right?Another example is changes in some legal documents, and so on.

These all take time, half a year is considered fast.

For Bauhinia Mining, there is no harm in using RMB for this transaction.This is the advantage of settlement in local currency, without considering exchange gains and losses.

Besides, the price that Huijia International Investment sold them was [-] million US dollars lower than the price quoted by Australia United Mining. What else do they have to complain about?
(End of this chapter)