Rebirth 76: Industrial Internet Empire

Klein waited for seven or eight trading days before placing his first short order to sell dysprosium oxide. This was almost Rhodia's production capacity for a month!

Klein has this confidence. So far, Rhodia is the world's largest supplier of dysprosium oxide and plays a pivotal role in the entire dysprosium oxide supply chain.

This is also the reason why Klein dared to lower the purchase price of rare earth raw materials and refused to sign a contract, but he dared to sell a large order of dysprosium oxide from the futures market.

But after Klein placed his first empty order, there was no movement again...

After Yang Mo thought for a long time, he called Chen Jinhe: "Mr. Chen, this is Yang Mo. Please call Klein personally. The rare earth quotation will be reduced by another 10% based on last year..."

"Mr. Yang, isn't this inappropriate? The price suddenly drops so drastically, what should I do if Rodia demands to sign the contract immediately?"

"No, these Westerners have always been greedy. They will continue to lower prices. As long as there is room for negotiation, you can always make concessions with them. We have to negotiate the payment method and delivery location..." Yang Mo said confidently. .

"Okay! I'll call all the rare earth compound smelting companies one by one to sell them!" Chen Jinhe said with understanding.

...............

Chen Jinhe's panic selling had a miraculous effect, and selling orders on the market gradually became active.

Guo Kexin broke it into parts and opened buying contracts with dozens of newly opened accounts.

There is a strange phenomenon on the market. Both the long and short parties are afraid of alerting their opponents, and are cautiously trying to get the other party to take the bait.

Only one futures product, dysprosium oxide, began to increase in volume. It took Klein less than twenty trading days to sell off Rhodia's entire year's production capacity.

Stimulated by the huge profit margin, Klein kept doing nothing and simply opened short orders beyond the production capacity. He was convinced that as long as foreign smelting companies joined forces to drive down the price of rare earth minerals, dysprosium oxide futures and spot prices would be impossible. Maintaining the current high level, by then, the short position he holds will be a pile of colorful banknotes...

Wirtz, who was relatively cautious, also subsequently issued short orders on lutetium oxide and terbium oxide.

Sumitomo Specialty Mining, which has been in a wait-and-see mode, has also put out short orders for neodymium and cerium. Under the leadership of these multinational giants, most rare earth compound smelting companies have also put out short orders, throwing out all their one-year production capacity.

The launch of rare earth futures has been a great success. These rare earth compound smelting companies do not even need sales staff and only need to transport the produced rare earth compounds to the delivery warehouse in the East China Sea.

But Yang Mo still underestimated the production capacity of the entire rare earth industry. In order to undertake these sales, Zongheng Investment almost exhausted all its funds.

But this is just the beginning. For Chang Yonggui and Zhao Hengbo, the funds needed to acquire one year's worth of rare earth production capacity from major rare earth mines are astronomical.

Fortunately, the entire plan to rectify the rare earth industry has been approved by senior leaders, and the four major state-owned banks have opened financing channels for the newly established rare earth reserve company.

.........

"Mr. Wirtz, Chen Jinhe called to say that something happened in Africa and we need to rush over to deal with it immediately. Today's meeting with you is cancelled..." Corena walked in to report.

"If you cancel, just cancel! If we talk next time, it won't necessarily be today's price!" Wirtz waved his hand disapprovingly and said.

What Wirtz didn't expect was that in the next few days, the sales calls that had been bombarded every day suddenly disappeared...

Only then did Wirtz notice something strange, and he began to feel uneasy. He seemed to realize that he had made an unforgivable mistake: in order to maximize profits, ARM's one-year production capacity had been sold in the rare earth futures market. However, the raw material purchase contract, which should have plummeted, has not yet been finalized.

Klein was also as anxious as an ant on a hot pot. Not only did he throw out all of Rhodia's production capacity for the next year, he also took it upon himself to throw out a lot of extra short orders!

Realizing that he might have fallen into a huge trap, Klein did not sit still and personally visited the mines with which he had a good cooperative relationship.

However, the house leaked and it rained continuously. During China's Spring Festival travel period, he realized how hard it was to get a ticket. By the time he arrived in Ganzhou after a long journey, it was only two days before New Year's Eve, and the major mines had already stopped working.

…………

1999 2 Month 16 Day.

The fifth day of the first lunar month.

Yanjing Xijiao Hotel is decorated with lights and colorful decorations everywhere, and passers-by can’t help but stop and watch for a while.

Since entering the twelfth lunar month, Luo Binghui has put aside all work at hand and started planning this wedding.

From the design of the invitation letter to the arrangement of seats, Luo Binghui took care of almost every detail personally. Even so, what made Luo Binghui anxious was the guest of honor hall. No matter how many people were arranged, it was always overcrowded, and it was not appropriate to move anyone to a side hall.

In the end, it was Yang Mo who made the final decision. The guest of honor hall was simply reserved for relatives, neighbors, classmates, and educated youths who joined the queue. The problem was solved.

Whether the rest are business partners or government officials, since everyone is a side office, there is nothing rude!

This may be one of the reasons why Yang Mo and Lin Yan's wedding has been postponed. China is a country of etiquette, and a big shot like him has a lot of red tape.

The Zhiyuan Group has always had a weak attitude toward its superiors and subordinates. During the entire wedding process, Yang Mo suffered from the well-intentioned attempts of his subordinates to make things difficult...

"Mr. Yang Mo, please give an incisive summary of your long love relationship with Ms. Lin Yan. You must not be perfunctory with Ms. Lin Yan. The number of words must not be less than 800 words..." The host opened a small note and read it with a smile. Come out!

Yang Mo took the microphone and defended with a smile: "800 words is too much! This is not a proposition composition for elementary school students!"

"Our classmate Lin Yan was the school belle of Huaqing University back then, and her suitors could be ranked from Huaqing University to Yanda University. During the 20-year love affair with Mr. Yang Mo, we resisted so many temptations. Do you think 800 words is too high? "One of Lin Yan's college roommates shouted.

"Not much at all..."

Yang Mo looked up at Lin Yan and said with a smile: "For many years, I have been imagining this scene. I want to put on the most beautiful wedding dress for the girl in front of me and make her the most beautiful and happiest bride in the world. Today I finally got what I wanted, but you have waited too long for this day, Lin Yan, will you marry me?"

Just as Lin Yan was about to speak, there was another boo from the audience: "Mr. Yang Mo, although your confession is sincere and touching, it is not enough to impress our talented school belle of Huaqing University..."