Vol 4 Chapter 263: direction

Feng Yiping glanced at Cummins, and he immediately said, "I understand, go ahead as planned,"

Although a little disappointed, the failure of a well-intentioned merger is not all bad for him.

It is naturally the best to be able to acquire in good faith, but to successfully host a malicious acquisition, can it highlight his ability?

"Feng, an analysis report on the supply of key raw materials for lithium batteries, I just sent it to your mailbox,"

"Oh? Let's take a look." At least this newly formed department of Cummins is very efficient.

"There is tea over there, pour it yourself," Feng Yiping didn't need to dress in front of him.

Cummins is very interested in Feng Yiping's set of this set. "When I was in Japan, I experienced their tea ceremony. Is this similar to the Japanese tea ceremony?"

"Japanese tea ceremony originated from Chinese tea art. It was originally imitated, but later incorporated some of the characteristics of their clan. If it is similar, it is also their so-called tea ceremony similar to Chinese tea art."

If it is not for the consideration of the image in front of his subordinates, Feng Yiping would like to directly say that this is the ancestor of Japanese tea ceremony.

Cummins can still hear the emotions in Feng Yiping's words. It seems that his young boss has very little opinions about their neighbor.

Feng Yiping was reading the report quietly. Cummins followed in his footsteps and pretended to play Kung Fu tea. However, he only drank two cups and was not interested. This tea tastes different from the black tea he often drinks. too much.

Because it is a summary report, it is not long, only a few thousand words. Feng Yiping finished reading it quickly, "It seems that it is really necessary to get involved in the supply of upstream raw materials."

Cummins hurriedly put down his teacup and sat down at his desk, "and we think that now is the most appropriate time to enter the upstream, and it is also the most cost-effective."

"Take the scarce cobalt as an example. Although the current demand for cobalt in the battery industry is rising, it is less than 10% of the total consumption. According to our forecast, with the development of the battery industry, it will The demand for cobalt will increase substantially. At the most ten years later, the battery industry's consumption will account for at least more than half of the cobalt supply in the entire market."

"At that time we want to enter, there are few opportunities, and the cost will naturally be high,"

Cobalt is currently widely used in high-temperature alloys for turbine engines, hard steels, hard alloys and drilling tools for machinery manufacturing, catalysts, magnetic materials and other industries.

It can be seen that although the total demand for cobalt in the above industries is large, they can produce high value-added products with only a very low amount of cobalt. In fact, they are not sensitive to the price of cobalt.

But this does not apply to the lithium battery industry. Although the added value of lithium batteries is also high, how can it have such high added value as the superalloy and cemented carbide of the turbine engine?

While 94% of the global supply of cobalt raw materials comes from the by-products obtained in the mining and smelting process of nickel and copper mines, only 6% of the raw materials come directly from cobalt mines.

That is to say, the supply of cobalt is mainly limited by the output of nickel and copper, so it is extremely unstable, but the market demand for it is rigid. For example, in the lithium battery industry, the demand for cobalt raw materials will increase year by year, and supply and demand will naturally exist. A huge imbalance will inevitably lead to a shortage of supply and an increase in prices.

It is important to know that batteries account for 30 to 40% of the production cost of pure electric vehicles. It is said that lithium batteries, in fact, lithium only accounts for about 2% of the quality of lithium batteries, and cobalt is even more important in the cost of lithium ion batteries. It can be said that its price determines the cost of lithium-ion batteries.

Therefore, for the future profits, it is really necessary to plan ahead.

"You don't need to think about cobalt mines," Feng Yiping shook his head. More than 60% of the world's cobalt mines are located in the Congo (DRC). In his impression, that country seems to have been uneven. Investing is too risky.

Moreover, developing a cobalt mine is not an easy task and requires a lot of time and money.

"Oh, northwest China has the world's second-largest nickel mine in reserves, and there are salt lakes that produce lithium in that area?" Feng Yiping was a little pleased with the data that Cummins put forward.

However, those engaged in these two industries are naturally state-owned enterprises.

This estimate alone is universal. No matter in which country, if you want to open a mine, you must have a lot of dealings with government departments.

"In this way, you should contact President Jin and collect as much information as possible. At the end of the year or at the beginning of the year, on behalf of the group, go there for a field visit to see if there is an opportunity for cooperation."

At the time when the current domestic discussion about the original sin of private enterprises, he did not want and did not want to participate, let alone promote the restructuring of such state-owned enterprises related to mines.

It's just that many of the state-owned enterprises now have a wave of listings, and now they have enough reputation and qualifications, and they are happy to become strategic investors before those companies go public.

This still makes him more comfortable.

We have worked hard for more than ten years, and we may be able to get the qualification to drink coffee with some people. However, becoming a strategic investor that many listed companies are looking forward to introducing is a qualification that most people will not get in their lifetime.

In order to participate in the subscription of new shares, most of us can only honestly wait for the lottery. As for the winning rate, alas, let’s not talk about it, it will be tears.

However, for some influential people, there should not be too many choices.

For example, domestic companies that are interested in listing on Hong Kong stocks, in order to make the IPO process smoothly, generally, before going public, they will actively invite those influential Hong Kong giants to become strategic investors in their own companies, that is, actively let them have low prices. The opportunity to buy original shares.

At the beginning, Feng Yiping saw those wealthy families in Hong Kong who had too much money to spend, because they were dragged to buy some original shares. In a short period of time, the invested capital easily more than doubled. That jealousy, now, he and his company finally have this qualification.

"Okay, I also look forward to visiting China," Cummins said.

"Oh, I might find you a companion at that time," Feng Yiping thought of another person he also wanted to investigate in China.

…………

Feng Yiping went home and received a warm welcome. There were three people who participated in the welcome. Huang Jingping was waiting in front of the door, the daughter who rushed over after hearing the sound, and Xiao La, who was wagging her tail and followed behind her daughter. Brado.

"Dad, come and see, grandma is giving Grandpa Zeng a haircut,"

"Take grandpa to the barber shop in the morning. He looked at the price and said nothing," Huang Jingping explained.

In the United States, the old man doesn’t know other words, so the Arabic numerals are naturally recognized. Feng Yiping knows that the hairdresser Huang Jingping went to, even if it’s men’s simple washing, cutting and blowing, plus a tip, none of them can’t cost $4. The renminbi, which is more than 3 yuan at a time, can be understood by grandpa who would not accept it.

To be honest, Feng Yiping sometimes feels a bit of pain, mainly because he feels worthless and feels like being slaughtered.

This will be done in China. A haircut for about 5 yuan is considered good. Not only does it have to wash, cut and blow, but there are also good girls to massage you.

But here, the full set of washing, cutting and blowing takes more than ten minutes. If you want to enjoy massage and other services, you need to purchase an additional "hi" hair care package, which means you have to pay another money~www.wuxiaspot.com~ Give another tip.

"I'm back," Grandpa sat under the porch of the backyard, while Mei Qiuping was holding a pair of scissors to fix him.

"I'm back, Mom, your craft is fine,"

Mei Qiuping was a little happy, "It used to be better," she said.

In the past, when a few dollars were considered a large expenditure, the housewives in the village were reluctant to spend that money, that is, buying a pair of scissors. You help me and I help you, so that it became a habit. There are still people who don't go to the barbershop.

"You go wash your hands, we'll be ready right away,"

…………

Huang Jingping took her daughter to watch Feng Yiping wash her face, and couldn't help asking, "Did the talk go well today?"

She knew Feng Yiping's purpose for borrowing that huge loan was for Netflix. Although she believed Feng Yiping completely, it was a very large sum of 200 million U.S. dollars. It was unavoidable to be more concerned about it.

"It doesn't seem to be as smooth as the coin star," Feng Yiping didn't intend to hide from her, "this is also normal. Of course, we will try our best to make him and the board of directors change their minds, but he just resists it. , That's okay,"

"Do you remember Xu Zhimo's "Occasion"? In this matter, there is no such thing as yours, I have mine, direction,"

"Huh, Hastings will soon understand that there can only be one direction in this matter, and that is my direction,"

"You are so overbearing,"

"Why, don't you like it?" Feng Yiping touched her face, "Look at the way your eyes shine,"

"What are you talking nonsense, where am I?"

"Amanda, did you say that your mother has it? Let's go and eat. Will my father take you to Seattle for fun tomorrow?" (To be continued.)

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