Rebirth 76: Industrial Internet Empire

"What? Most mines sold rare earths to Haitao Rare Earth Reserve Company? What company has so much money?" Wirtz didn't believe his ears.

"I don't know the specifics! It is said that when these companies signed the supply contract, they signed a supplementary agreement and the seller's information cannot be leaked!" Corena reported truthfully.

"Then where did you get the news? Is the source reliable?" Wirtz asked with a frown.

"The source of the information is very reliable. I got the information from officials of the Metallurgical Industry Bureau. Mr. President, we may have fallen into a trap carefully designed by our opponents!" Corena said.

"How is this possible? Implementing such a plan requires investing tens of billions of funds. If it fails, there will be heavy losses..." Wirtz said with a look of disbelief.

"But in fact, their plan has been successful, and all of us have been kept in the dark until now!" Klein hurriedly walked in from the door.

"Your Excellency President! Mr. Klein said that he has something urgent to do with you, and we can't even stop him..." said the staff member who was following behind.

After Wirtz waved his hand and asked the staff to leave, he looked at Klein and said, "You also know? Is this true?"

Klein nodded solemnly: "Yes! Now we can be sure that we have all fallen into a huge trap. The short orders of the rare earth contracts we sold on the East China Sea Futures Exchange will become a trap around our necks." The noose on..."

Wirtz broke out in a cold sweat and muttered to himself: "No wonder I can't close the position no matter how I operate, there are always big funds competing for orders with me!"

"Mr. Wirtz! How can a trap carefully designed by your opponent allow you to close your position and stop your losses?" Klein said with a bitter smile.

"Who is the opponent? How could he have so much money to attack us from the raw materials and futures markets together?" Wirtz asked in confusion.

"I asked someone to check and found out that the founders of this mysterious Haitao Rare Earth Reserve Company are named Zhong Haitao and Ma Xiaojun. Their personal shareholdings are very small. They should be two white gloves..." Klein said.

"White gloves? Who is the mastermind behind this?" Wirtz asked in surprise.

"It is still unclear so far. The equity of this Haitao Rare Earth Reserve Company is extremely dispersed. Among the dozens of shareholders, large and small, there are many Wall Street venture capital companies, Japanese consortiums, Qianhai Asset Management, and Zhiyuan Investment. What is even more incredible is that, The largest shareholder is actually a foundation that was established recently..." Klein said calmly.

"Zhiyuan Investment Company? Is it planned by Yang Mo himself? We have never signed a raw material purchase contract because Chen Jinhe of Zhiyuan Mining Group has taken the initiative to lower prices several times..." Wirtz said thoughtfully.

Klein nodded and said, "I don't rule out this possibility, but with the influence of Zhiyuan Group alone, I'm afraid it would be difficult to plan such a big plan!"

"Zhiyuan Group couldn't have planned it? Are you saying that the Chinese government was also involved? Is there any evidence?" Wirtz blurted out with his heart moving.

Klein spread his hands and said: "There is no evidence. The Chinese government opened the rare earth futures trading pilot at the right time and was very cooperative. No one forced us to participate in the rare earth futures trading!"

"I don't believe this is all a coincidence! The rare metal industry meeting, the announcement of the launch of a pilot rare earth futures trading, Chen Jinhe's speech caused panic in the industry, rare earth mining companies rushed to cut prices and sell off, Zhiyuan Mining Group's 10% price cut aggravated industry panic, and rare earth futures were shorted ..." Wirtz said angrily.

Klein nodded and said, "You are right. There is always an invisible black hand that is guiding and manipulating the development of the situation, and then step by step, using our greedy psychology, leading us into a carefully designed trap!"

"They have spent such a large amount of money. They can't keep the rare earths in their hands and not sell them, right? The capital cost can't be afforded, right?" Wirtz asked thoughtfully after pondering for a moment.

Klein smiled bitterly and said: "Mr. Wirtz, I'm afraid you don't know what these capital companies in the shareholder list of Haitao Rare Earth Reserve Company represent?"

"What does it mean?" Wirtz asked in surprise.

"It was these capital companies that jointly planned the Southeast Asian financial crisis and defeated international hot money led by Wall Street hedge funds in Hong Kong! The market value of Cisco, which they control, is close to 2000 billion U.S. dollars. Are you worried that they cannot afford the capital costs?" Klein continued said.

"Can we just sit back and wait for death?" Wirtz asked reluctantly.

"If we can't come up with a way to deal with it, neither Rhodia nor Arm will be able to escape disaster. There is still a long time before the delivery date. They can manipulate the rare earth futures trading price as needed and wait until the delivery date. The settlement price will be at a high level that is unacceptable to us, and the short contracts we hold will even bankrupt Rhodia and Arm..."

"We can also buy high-priced rare earth compounds from Chinese rare earth manufacturers and refine and purify the rare earth compounds for delivery!" Wirtz said.

"This road is also blocked. As far as I know, basically all the refined rare earth compounds that can be delivered in the hands of global rare earth giants have been signed by others first!" Klein said helplessly, spreading his hands. .

When Wirtz heard this, his face was ashen and he slumped in his chair. He really couldn't think of any other way to solve the crisis at hand!

Klein suddenly said in a deep voice: "If all the foreign smelting companies entering the market can join forces, maybe we still have a glimmer of hope..."

"What should I do to have a chance of survival?" Wirtz suddenly straightened up and asked like a drowning man grabbing the last life-saving straw.

"We must not sit still and wait for death. We should contact other foreign-funded companies entering the situation as soon as possible and encourage them to seek help from their respective embassies in China..." Klein said solemnly.

"Help? Can the embassy in China allow us to buy rare earths? Even if it sells us a mine now, we won't have time to mine and smelt it?" Wirtz asked blankly.

"The embassies of various countries in China cannot let us buy rough-processed rare earths, but they can join forces to put pressure on the Chinese government and let them declare the pilot rare earth futures trading on the East China Sea Futures Exchange invalid..." Klein had already begun to secretly curse in his heart. How did Wirtz, an idiot, get to sit in the high position of president, but he still patiently explained.

"Isn't this impossible? There is no valid reason to declare rare earth futures trading invalid!" Wirtz said hesitantly.