Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Another major event happened on March 26, 1994.

Longguo promulgated the latest Mineral Resources Law.

The biggest change is that the exploration and mining rights that were previously owned by the national team have been delegated to local governments, and counties and towns have the power to choose miners on their own.

Foreign mining companies can also obtain mining rights through legal procedures.

Mines cannot be transferred, but mining rights can be transferred and traded.

There is also a particularly important point that miners have the power to freely trade minerals, except for minerals with a unified national price.

With such a change, Wang's Mining will undoubtedly become the biggest winner.

But Wang Lei couldn't be happy.

Originally, he had no contact with this industry and didn't know that there were so many ways and such lucrative benefits.

The more he understood, the more he fell into deep worry after the Mineral Resources Law was introduced.

Local governments have the power to choose miners, which means that many people will obtain local small mine mining rights through relationships.

Many of them are mining blindly, and even sell some strategic minerals at a low price that they don't know the importance of.

After a round of rough mining, the mine owners found that it was not as profitable to transfer the mines as to mine.

After a group of people obtained the mining rights through connections, they hoarded them and chose to transfer them when the mineral prices were high.

The transfer fees were driven higher and higher.

Eventually, many small mines stopped working and were left vacant because the buyers could not afford the high mining costs. After the mineral prices rose, the mines would be transferred again...

It was not until a long time later that the country realized this and strengthened the management of the mining industry.

Wang Lei conveyed his concerns to Representative Xiao without reservation.

The other party was silent on the phone for a long time, and then responded after a long time:

"Mr. Wang, now all walks of life in China are crossing the river by feeling the stones. Nothing will get better all of a sudden. We should learn more from foreign experience. I will pass on your concerns to the relevant departments.

You can see farther than our experts in some aspects, and you should actively participate in it, so that you can lead other friendly companies to take fewer detours."

Representative Xiao's words woke Wang Lei up. He carefully lifted the quilt and left the bedroom quietly, for fear of waking up Qi Xiaona who was staying in bed.

"Representative Xiao, I know what to do. Our Wang's Mining will take this opportunity to expand a lot. After laying a solid foundation, we will put the strategic pace abroad.

I will take the accumulated funds to acquire foreign mining companies and monopolize strategic mineral resources."

"Mr. Wang, I am very pleased to hear you say that. If you need the national team to come out one day, just give me a call in advance."

When it comes to strategic resources, Wang Lei thinks of rare earth and lithium mines!

Longguo is the largest supplier of rare earths, but due to crazy mining, the reserves have been declining year by year.

Rare earth reserves have dropped from 80% to 90% in the past to about 23%!

Most of the rare earth resources have been sold abroad at a low price.

The reason for this is not caused by one or two people.

Because high-end rare earth products are controlled by the United States and Japan, most of Longguo's rare earth products are low-end and have weak market competitiveness, so it is better to make money by reselling them.

This also leads to our inability to fully utilize the value of rare earths and can only sell them abroad blindly.

Longguo is the largest importer of lithium ore and is highly dependent on imports.

As we all know, lithium ore is an important mineral material for the production of lithium batteries.

In the future, Longguo's lithium battery technology will take off, and BYD's battery technology will be at the forefront of the world.

This also allows our lithium battery technology to surpass the Sakurajima battery giant and seize a large amount of battery market.

However, our lithium ore reserves only account for 6% of the world, and the lithium battery market share is 56%. The domestic lithium ore is far from meeting the needs of the Longguo market.

This also led to a high reliance on imports of lithium ore, with the import dependence of lithium resources as high as 81.2%!

Because of this, it is inevitable to be controlled by others.

Longguo New Energy Vehicle Company is often trapped in this.

Representative Xiao's words gave Wang Lei a sense of mission.

If a person does not think about the future, he will have immediate worries. Since his rebirth has allowed him to stand at an unprecedented height, he must take action.

However, Wang's Group cannot directly deal with this matter. The market environment of Longguo ore is special, and a suitable spokesperson must be found.

Wang Lei first thought of Mou Zhongqi.

This old guy is a veteran in the business world. In the past two years, he has settled down to build a satellite launch base in Heihe City.

The two temporarily adjusted their strategic goals and are using the technology of the big goose to develop low-orbit communication satellites by themselves. They plan to launch 200 low-orbit satellites within ten years.

Provide communications and television stations for some small countries in DongzhouSignal service.

Now the research and development of Dongde Company and Sanshi Technology has reached a critical moment. As long as the research and development is successful, Sanshi Technology will become the largest civilian satellite launch company in Dongzhou in the near future.

It is worth mentioning that telecommunications will be separated from the Post and Telecommunications Bureau next year.

As the cooperation between Sanshi Technology and Longke Institute becomes closer, Longke Institute recently invested in Sanshi Technology with technology.

Sanshi Technology has thus transformed into a national team.

The above-mentioned practice of Wang Lei and Post and Telecommunications grabbing food is applauded and welcomed.

The big guys think that there will be progress only if there is competition, especially since Sanshi Technology has strong funds and can grow quietly without special support.

It is also hoped that Sanshi Technology's satellite business will go abroad and compete with satellite companies in other countries for foreign communications markets.

However, Mou Qizhong is busy every day, and obviously has no extra time to take care of the mine.

He needs someone with strong connections and free time to run the market.

At this moment, a face appeared in Wang Lei's mind.

It's you, Li Shaocheng!

This Kyoto young master really left a deep impression on Wang Lei. If he hadn't been quick to help Wang Lei get hit by a bottle last time, he might have been the one lying in the hospital.

Thinking of this, Wang Lei called Li Shaocheng.

"Brother Lei, you finally remembered me."

Li Shaocheng was very excited when he received Wang Lei's call.

The song "Rogue" was very popular in the mainland two years ago. As a fan of Wang Lei, the four young masters of Kyoto could guess the true identity of the singer with their eyes closed.

The first affection is Wang Lei, Wang Lei is the first affection!

This song sang the voices of many playboys, and Li Shaocheng was also deeply addicted.

The popularity of "Rogue" has not passed yet, and Paramount's Spider-Man and Titanic have been introduced to domestic cinemas for screening.

With its excellent quality, it has caused a huge wave of moviegoers in Longguo, and with a ticket price of a few dollars, it has broken the box office record created by Shaolin Temple.

Li Shaocheng admired more than just Lei Shen's talent.

He knew what Wang Lei was facing internationally. When Titanic slapped the Big Four in Hollywood, Li Shaocheng, who knew a little about the inside story, was shocked.

He suddenly changed his usual image of a playboy, no longer idled around, racing cars, and sleeping with women, but took the initiative to help his father's company, wanting to learn more. He wanted to follow in Lei Shen's footsteps.