The Wusang River copper and gold mine has been announced to have 4 million tons of metallic copper reserves. If this is true, Yibogu Mining will rely on its own capital accumulation to develop the Wusang River copper and gold mine mining scale to an economic level within five years.

superior.

It is a pity that the current proven economic mining reserves of Wusang River Copper and Gold Mine have exceeded three million tons of metallic copper and 20 million ounces of gold. Although there will be no further exploration operations for C2-level reserves in the future, it will truly give a relatively objective view.

It is estimated that the economically exploitable volume of the entire mining area, calculated in terms of metallic copper, should not be less than 20 million tons.

Even though the Wusang River copper-gold mine project has huge potential, Xinhai Gold has its own needs for copper and gold smelting and other businesses. At the same time, Xinhai Gold, as a large state-owned non-ferrous metals enterprise, has stronger support behind it and will continue to follow suit.

for subsequent additional investment.

In order to control risks, Qian Wenhan's Sun Hung Investment will basically not continue to make additional investments, but will find ways to maximize the value of existing investments and cash out at the appropriate time.

This was something Qian Wenhan had clearly discussed with Cao Mo, and Qian Wenhan therefore suggested that Cao Mo find more strategic investors in the country to get involved.

Cao Mo is not in a hurry to advance this matter for the time being. He mainly wants to wait until the capital injection from Qian Wenhan and Xinhai Gold has been spent to push the development and construction of Yibogu Mining to a new level, so that it can be convenient to negotiate with a new valuation.

New investment.

Since they have met this time, Cao Mo doesn't mind saying more. Before Qian Wenhan and Xinhai Gold invest, Yibogu Mining has already raised 150 million US dollars and will invest in Drake in advance.

Regarding the construction of supporting projects such as mines, hydropower stations, freight stations, and employee communities, explain it to Yu Yiming and Li Xiaodong, letting them know that the output value plan of US$1.5 billion next year is not built on castles in the air:

"This year is considered to be the initial start of production. The output value will be lower. We should be able to achieve an output value of 300 million US dollars. Production and construction will be equalized this year. It is also the most critical year for Ibogu Mining."

Yu Yiming and Li Xiaodong still have doubts in their hearts, but Cao Mo's overt and covert fights with the Jidam family and the Steel Fist Brotherhood, and his joint efforts with the Democratic Promotion Front to thwart the coup plot of the top leaders of the Akwa army are too tortuous and cunning to speak out.

Afraid that it would be more difficult to win people's trust, Cao Mo simply kept silent.

Cao Mo didn't expect to gain the trust of Yu Yiming, Li Xiaodong and the others right away.

Believe it or not, Ding Zhaoqiang has something to ask for now, and he can't ask for help from Yu Yiming or Li Xiaodong for the time being.

“Why didn’t Dongsheng invest in the Wusang River project?”

Yu Yiming was not sure whether Cao Mo's appearance was the same as the afternoon card game, which was carefully arranged by Ding Zhaoqiang, but if he didn't ask some key questions, Li Xiaodong would ask them clearly.

"Dongsheng has focused mainly on domestic real estate in the past two years and has not used funds to invest in the Wusang River project. However, Shen Ji, the controlling parent company of the Wusang River project, Yibogu Mining, personally holds a certain share.

Is it four o'clock?" Ding Zhaoqiang asked Shen Ji pretending to be unsure.

"Well, it's four points." Shen Ji said.

Shen Ji is his direct nephew, Ding Zhaoqiang, and Shen Ji holds shares in Yibogu Mining. Of course, Ding Zhaoqiang can claim to the outside world that the Ding family holds shares in Yibogu Mining.

Xinhai Gold invested US$150 million in Wusang River Mining and only held 8.0% of the shares. Shen Ji or the Ding family holds 4% of the shares in Wusang River Mining's parent company, which can be said to be quite unsatisfactory.

Lower.

Ding Zhaoqiang continued: "In addition to Yibogu Mining, Cao Mo also founded Cornero Cement in Canem, and the profits are also considerable. By the way, Cao Mo, what was the profit of Cornero Cement last month?"

"Crude oil futures have soared this year. Kanem is the largest crude oil exporter in Africa. It and other West African countries are confident in expanding infrastructure investment, which directly drives the price of finished cement to soar. In March and April, Cornero Cement has every The monthly profit is more than 30 million US dollars. However, this is a short-term phenomenon. The West African Cement Price Index has fallen sharply this month, and the monthly profit should shrink significantly!" Cao Mo said nonchalantly.

"Hey, that's quite amazing..." Yu Yiming said in slight surprise.

Regardless of whether it is a short-term phenomenon or a long-term phenomenon, cement companies with profits of hundreds of millions of dollars in three or four months are greedy gold-eating beasts wherever they are placed.

This is almost a money grab.

There are so many cement companies in the country, how many of them can reach this level of profit?

"In addition to the two companies of Ibogu Mining and Cornero Cement, Shen Ji has participated in some equity investments, Cao Mo founded in West Africa, Dongsheng and Hexi Fund officially participated in the investment, including Cornero Food, Tianyue Industry, Cornero Energy and Cornero Lake Industrial Park are currently developing quite well in West Africa and China, but few people here in Xinhai know about it."

Ding Zhaoqiang was very impressed by Wang Po's introduction to Cao Mo's entrepreneurial achievements in West Africa over the years.

"Konero Lake Industrial Park may not look large, but it is Cao Mo's base for developing major industries in Kanem. It is also the earliest and largest Chinese-led industrial park in West Africa so far. Cao Mo is too low-key, not There are very few people in China who are willing to publicize it, otherwise the Ministry of Foreign Affairs would regard it as a typical propaganda. In the early stage, Tianyue Industrial mainly won the distribution rights of Huachen Motorcycles in the West African market, accounting for almost 40% of the entire West African motorcycle market. % share. Tianyue Industry is currently setting up a product design and testing center in Zhiyun Lake Industrial Park to develop new motorcycle and engine products and has models officially launched into the West African market, right? Chengpeng is responsible for these things, and I am also I didn’t ask too much about how many shares I hold, but I’m a little confused. Hexi Fund currently invests in many projects..."

"Hexi Fund and Shen Ji together hold 20% of the shares in Tianyue Industrial Park; the listed company is directly responsible for the shareholding of Conai Luo Lake Industrial Park, and the shareholding has been reduced a bit, and is also controlled at around 20%. ..." Dong Chengpeng explained it at the right time, which seemed to help Ding Zhaoqiang strengthen his memory.

Of course, Cao Mo knew very well that Ding Zhaoqiang was trying to praise Yu Yiming and Li Xiaodong at this moment.

Shen Ji talked to him about Dongsheng Real Estate's debt problem.

Dongsheng Real Estate currently assumes debt

The equity scale is close to 30 billion, and the debt ratio is frighteningly high. What is even more frightening is that more than 1.2 billion of them are short-term debts that must be paid off within one year.

If any one of the debts defaults, Dongsheng's credit will collapse, and creditors will rush to collect debts to avoid irreparable losses.

Of course, Cao Mo did not have the ability to solve all the short-term debt problems for Dongsheng Real Estate. He and Qian Wenhan, and Ge Jun did not have the ability to do so, nor did they have the obligation to risk all their wealth on behalf of Dongsheng.

However, the fundamental issue of creditor's rights still lies in credit and confidence.

If Dongsheng introduces a very strong strategic partner at this time, with unlimited credit or asset support behind it, creditors and new financial institutions can restore confidence in Dongsheng and be willing to extend the debt period or continue to lend new debt.

By ensuring Dongsheng Real Estate's continuous capital chain, the severe debt crisis faced by Dongsheng Real Estate will be easily solved.

The establishment and restoration of credit, like the collapse and disintegration of credit, are whole processes with a chain nature. It does not even require the use of too much funds to achieve the effect of making a huge difference.

At this time, Ding Zhaoqiang created an image of strong strength and super credit in front of the core figures of Xinlian Bank. This was just the first step to restore the confidence of Yu Yiming, Li Xiaodong and others in Dongsheng Real Estate.

As long as Xinlian Bank and Xicheng Group resume credit or lending to Dongsheng Real Estate, the confidence of other financial institutions and creditors in Dongsheng Real Estate will be further restored...

Of course, Yu Yiming, Li Xiaodong and others are all veterans who have been immersed in business for many years. The more eager Ding Zhaoqiang becomes, the more doubts they have in their hearts, and they become more and more inactive.

At this time, Cao Mo was happy to cooperate with Ding Zhaoqiang's performance and smiled modestly: "Tianyue has just launched a new experimental model. It has not been a month. How many sales it can have has not been tested by the market. It is difficult to say now."

Ding Zhaoqiang ignored it. As long as Cao Mo was willing to cooperate, he continued: "Cornero Food mainly introduces cocoa beans from West Africa into the country to produce cocoa butter and cocoa powder. This is Dongsheng's investment and shareholding, but also from the business

The food project that all levels are involved in should be able to rank first in this segment of the domestic industry next year. Although Cao Mo has repeatedly reduced his personal holdings after the establishment of Cornero Energy, his current shareholding may not be the highest. Dongsheng

On the contrary, he is the first shareholder, but the other shareholders of Cornero Energy are all Cao Mo’s partners in Canem. Cornero Energy mainly focuses on power generation and local power grid construction. Near Draculamore, the largest city in West Africa,

It owns a hydropower station group consisting of more than 100 small and medium-sized hydropower stations, as well as a natural gas power plant and a thermal power plant. Taihua Group and Huamao Investment are currently investing in the Conero Coastal New Industrial City project in Canem, and the investment volume is very large

, but all the power supply rights of the project are monopolized by Cornero Energy. For this reason, Binhai New City also paid a deposit of US$50 million to Cornero Energy. This should be mentioned in the information disclosed by Taihua Group.

Otherwise, we can report them to the China Securities Regulatory Commission..."

Although Yu Yiming and Li Xiaodong could feel that Ding Zhaoqiang was too eager at this time, Zhou Bin and Chen Tianxin had a completely different feeling: Ding Zhaoqiang is not bragging for Cao Mo, is he?

How can a young person, a foreign country with unfamiliarity and extremely backward development be able to accomplish so many and such big things? Xicheng Group and Dongsheng Group have been developing for more than 20 years, so the industry is only of this scale, right?

Compared with these, they are more willing to accept the story of "Cao Mo contracted a small copper mine in Africa and accidentally discovered that the actual copper mine reserves were unexpectedly huge and became rich overnight."

Looking at Yu Yiming and Li Xiaodong's expressions, Zhou Bin and Chen Tianxin believed that even if Ding Zhaoqiang was a bit exaggerated, it was still limited. After all, Yu Yiming and Li Xiaodong's circle had more opportunities to come into contact with Qian Wenhan, Zhou Shenhe and Ge Jun.

Should know more information.

…………

…………

After the wedding banquet, Ding Zhaoqiang and other guests left one after another, while Cao Mo accompanied Cheng Xi, Yu Jing, the groom, and the bride's other friends and classmates to symbolically go to the new house.

After that, he sent Cheng Xi's three out-of-town classmates back to the hotel where they were staying, and then drove Yu Jing back to her residence on Xikang Road.

Cheng Xi sat at the same table with Cao Mo and her parents, accompanied by Ding Zhaoqiang, Yu Yiming, Li Xiaodong and others. Of course, there was no chance to drink, so she was responsible for driving now. Although no one advised Yu Jing to drink, there were so many people today.

When I got together with my classmates, I couldn't help but drink a lot of red wine. I was sitting in the back seat of the car and opened the window, letting the evening wind blow my long hair into a mess.

When they arrived at the residence, they saw that Yu Jing was staggering, so Cao Mo and Cheng Xi helped her upstairs.

Chen Chang had just taken a bath, and quickly poured a glass of warm water for Yu Jing, helped her sit down on the tatami in front of the window of the small living room, and went back to the room to get a stack of materials for Cao Mo:

"Didn't you ask which properties in Xinhai are more classic? I checked some information in the company today and I think these properties are quite typical and worth a visit."

Regardless of Cheng Xi or Yu Jing, when they met Qian Wenhan, Ge Jun and other figures before, they all chatted and laughed with Cao Mo. How stupid must they be to think that Cao Mo's development in Africa is just something discussed in the streets?

good"?

The key point is that Ge Jun is Chen Chang's immediate boss. What level of figure does Ge Jun belong to in the Xinhai financial circle? How could Chen Chang not have any idea?

However, Cheng Xi didn't care about how Cao Mo was developing in Africa from beginning to end, and Yu Jing was relatively simple-minded. However, when Cao Mo asked about Xinhai's real estate situation in the morning, Chen Chang paid attention and took the time to send some

Organize the data.

Cao Mo sat on the tatami against the window sill and looked through the information compiled by Chen Chang.

Yu Jing lay down on the low table curiously, looked at Cao Mo and asked:

"Cao Mo, what on earth were you doing in Africa? Did you dig a gold mine or rob a bank? You used to chat and laugh with people like Qian Wenhan and Ge Jun, and today you are talking to Ding Zhaoqiang and Yu Yiming,

Li Xiaodong and the others are brothers. Have you noticed how many people are dumbfounded today? Lin Fang has a best man. The man who scolded Fang Qiu in front of us at noon is almost the next president of the United States. But at night he ran over to Yu Yi

Ming toasted, I saw that he was so nervous that he was in knots when he spoke...

…”

In the past, Cao Mo didn't talk too much about himself in front of Cheng Xi. Not only did he not want to interfere with her life, but more importantly, Song Yuqing was mainly responsible for domestic affairs. He always wanted to avoid Cheng Xi and Song Yuqing.

Their lives intersect.

However, today's situation was somewhat unexpected by Cao Mo, and it would definitely interfere with Cheng Xi's life and work. If he didn't say anything, it would also cause trouble to Cheng Xi's life and work.

Cheng Xi actually wanted to know everything about him in Africa, but he was considerate enough not to ask any questions.

"It can be said that I found a gold mine in Africa," Cao Mo put the information in his hand on the table, bent his knees, and let Cheng Xi lean on him, "I was in Kanem very early.

Contracted to mine gold mines. The earliest gold mine was actually that of Lily's family. Lily's grandfather was a tribal chief in Kanem, and owned more than 20,000 acres of land there. In Africa, especially in sub-Saharan Africa, traditional tribes

The common people here have no land at all. I cooperated with Lily's family. In addition to contracting gold mines, we have built four cement plants one after another. We also built a food processing plant, mainly to produce and sell cocoa butter for chocolate food.

Cocoa powder has also built a motorcycle assembly factory, transporting domestic motorcycle parts to West Africa for assembly and sales. It is currently the largest motorcycle assembly seller in West Africa. It has also built a product design and R&D center in China; it has built a
To be continued...