Chapter 359 Wedding (4)(2/2)
"With the capital injection from Xinhong and Xinhai Gold, how much output can the Wusang River Copper and Gold Mine produce next year?"
Han Shaorong is too strong and overbearing in his actions. Not many people in Xinhai dare to offend him, but there are definitely not many people who really like him.
As a predator-level figure, Yu Yiming has his own personality and persistence. How could he like someone like Han Shaorong in his heart?
It's just that everyone usually laughs and laughs and doesn't offend.
If Cao Mo's level was lower, Yu Yiming would not be able to have any friendship with him at the risk of offending Han Shaorong and being targeted by Han Shaorong.
Of course, Yu Yiming can become one of the giant crocodiles in the Xinhai, and he is not a person who is afraid of heaven and earth.
According to the information Yu Yiming learned, even if Cao Mo is not at the level of Han Shaorong, he has no fear of being retaliated by Han Shaorong - Qian Wenhan, Zhou Shenhe and Ge Jun of Dongjiang Securities are not insignificant in Xinhai. Although they stand with Cao Mo, they still have the capital to stand up to Han Shaorong.
With Cao Mo, Qian Wenhan, Zhou Shenhe, and Ge Jun uniting to fight against Han Shaorong, or attracting Han Shaorong's hatred value, Yu Yiming no longer has any worries - even if there is no interest entanglement, he can easily win on both sides. Make friends, and neither party will be offended.
"Next year, the plan for the Wusang River side is to achieve an output value of US$1.5 billion." Cao Mo knew Yu Yiming's thoughts very well. To further win the respect and equal treatment of these people, he couldn't hide it.
"So much? Xinhai Gold's capital injection was only realized at the beginning of the year, right? How can Akwa's mine be built so quickly?" Li Xiaodong asked in surprise.
"All the funds injected by Xinhong and Xinhai Gold will be spent by the end of this year. Many people don't believe this. However, Xinhai Gold has performance reports every month, and it is unlikely that we will pass Xinhai The gold industry is cheating on others." Cao Mo explained with a smile.
Xinhai Gold will release a performance report every month. Since it has invested in the Wusang River Copper and Gold Mine, it will also multiply the corresponding monthly output value, profit and other data of the Wusang River Copper and Gold Mine by the corresponding shareholding ratio. Converted into Xinhai Gold's monthly total performance - financial institutions and professionals can analyze the construction progress and production status of Wusang River Copper and Gold Mine through Xinhai Gold's performance bulletin.
Under the governance of Zhou Shenhe, Xinhai Gold Industry has developed rapidly and its management is very standardized.
This is also the key to why Zhou Shenhe holds a very small share of Xinhai Gold, but can continue to serve as chairman for many years, and is not secretly removed from power by Han Shaorong.
Li Xiaodong could suspect that Cao Mo was exaggerating, after all, he had never been exposed to it before, but he would not casually doubt the audit information that Xinhai Gold Industry and Zhou Shenhe disclosed to the outside world and were legally responsible for.
Of course, Li Xiaodong was deeply shocked by the speed at which the Wusang River Copper-Gold Mine absorbed funds for construction.
This kind of speed is not difficult to imagine in China, but it is really hard to imagine that Africa, with incomplete industrial facilities and a small group of industrial workers, can achieve such a speed.
Before Yu Yiming and Li Xiaodong arrived at the hotel, they specifically asked their secretary to retrieve the detailed information on Xinhai Gold's investment in Yibogu Mining. They learned that the full name was Wusang River Gold Mine Co., Ltd., and that it had full rights to explore and mine the Wusang River mining area.
As well as many ancillary facilities and assets, as a subsidiary of Yibogu Mining, after two capital injections by Xinhong Investment and Xinhai Gold, its valuation reached US$1.8 billion.
We are all experts here, and we know that there is still a long way between the valuation of US$1.8 billion and the real value of US$1.8 billion.
Affected by the value of copper and gold futures, especially the large fluctuations in copper and gold futures prices in recent years, it is difficult for any copper and gold mine to guarantee that the future annual profit scale will be within a stable range.
At this time, annual output, annual output value, mining, smelting, transportation costs and other data are more critical data to measure the value of a mine.
There are many criticisms in the industry about Xinhai Gold's investment.
The main reason is still worried about Akwa's economic backwardness and political instability. It would not be a surprise that the construction of the mine is expected to be delayed for three to five years, not to mention other unforeseen risks.
If it is as Cao Mo said, the annual output value will be around 1.5 billion US dollars next year. Zhou Bin and Chen Tianxin were shocked when they heard this.
As senior executives of Xinlian Bank, both of them are familiar with the current venture capital industry in addition to their financial industry.
Of course, they know that many eye-catching start-ups at home and abroad have frighteningly high valuations when receiving angel venture capital, but there are very few companies that can truly become bigger and stronger.
Otherwise, what is called venture capital?
Especially in the minds of bankers and financial people like them, a mining company with an annual output value of 11 billion to 12 billion yuan is definitely worth a so-called valuation of more than 10 to 2 billion U.S. dollars.
Much more, and more real value.
The annual output value reaches this level, indicating that the company's fixed asset investment will accumulate to a certain level, there will be stable capital flow, thousands of local jobs will be created, and hundreds of millions or even billions will be contributed to the local area every year.
Taxation has become an indispensable pillar of the local economy and industry.
However, Zhou Bin and Chen Tianxin were confused. With the capital injection from Qian Wenhan and Xinhai Gold, Cao Mo could build and develop a mining industry with an annual output value of over 10 billion within one year?
Whether Dongsheng or Xicheng, although they have already crossed the threshold of tens of billions of output values, how many years did it take for them to develop from zero to an annual output value of tens of billions?
Most of the time, investment is not enough.
It is definitely not an easy task to effectively spend an investment of 2 to 3 billion yuan within a year.
Of course, the Wusang River copper-gold mine project is funded by Xinhai Gold and Qian Wenhan Xinhong Investment. Ding Zhaoqiang and Shen Ji are sitting here as Cao Mo's former employers. No matter how confused everyone is, no one will
I suspected that Cao Mo was telling lies.
Chapter completed!