bestfiction Chapter 64 Crude Oil Closing, 3 Million RMB
Chapter 64 Crude Oil Closing, 3 Million RMB
"Selling two thousand tons?"
"A few hundred tons left?"
Jiang Feng asked in horror, "Holy crap! Several hundred tons is enough for our mask factory to use for more than a year. Does this flu outbreak mean it will last for more than a year?"
He felt a chill run down his spine and his whole body trembled.
【No】
"Oh? You scared me!" Jiang Feng had just breathed a sigh of relief when he heard the system continue with a cold laugh:
[However, the price of raw materials dropped a year later.]
"what?"
"Holy crap, system, what do you mean?"
"Ok?"
Jiang Feng gasped, his pupils dilated, unable to believe the terrifying information implied in those words.
Is it...
Sonofabitch (Don't eat pickled radishes)
With this system around, what are you afraid of?
ah~
Ok!
Jiang Feng sighed with worry, watching the crude oil futures price approach $23 per barrel.
He really has no interest in face masks!
With 30 billion yuan in hand, how could he possibly care about a paltry business worth only 200-300 million yuan a year? On the other hand, selling non-woven fabrics and meltblown fabrics would immediately net him hundreds of millions of yuan.
The Nanshan mask factory is now operating at full capacity.
The daily production capacity is only 300,000 units.
7.5 N95 masks
0.75 tons of raw materials were consumed.
22.5 regular face masks
1.13 tons of raw materials were consumed.
The total is 1.88 tons, which is less than 700 tons per year. We certainly can't use up all 3,000 tons of raw materials, so we have to sell them.
Selling raw materials now is a sure way to make a fortune!
Purchased at 20,000 per ton.
Now for sale at 400,000.
Selling 2,000 tons brought in 800 million!
Moreover, at a price of 400,000 per ton, it's not something you can just buy whenever you want; you have to pull strings and offer gifts and favors.
It's that time of year again when long-time employees are receiving gifts.
(→_→)
Numerous mask factories donated boxes of Wuliangye liquor, Moutai liquor, Zhonghua cigarettes, iPhone 11s, and Chanel products. Some large mask factories even gave away cars and Rolex watches.
Just to buy three to five tons, ten to eight tons, or thirty to fifty tons of meltblown fabric and nonwoven fabric, so that we can start production when we get back!
There's a severe shortage of raw materials for face masks right now...
Various substandard goods.
Various counterfeit goods.
It has already appeared on substandard face masks.
Even though both are made of nonwoven fabric and meltblown fabric, the raw materials for most models are simply unsuitable for mask production.
Jiang Feng's inventory consists of high-end goods!
It meets the standards of European and American countries.
There are absolutely no problems with exports.
Branded mask manufacturers and export-oriented mask manufacturers are very willing to purchase Jiang Feng's inventory of meltblown fabric and non-woven fabric.
quickly
Jiang Feng's office was piled high with all kinds of cigarettes, alcohol, and tea, stacked on top of each other, more than the inventory of a tobacco and liquor store.
Two thousand tons of raw materials were all sold out!
Total sales of 8.2 million
Procurement cost: 0.4 billion
Value-added profit of 7.8 million
A 13% value-added tax on non-woven fabrics is required, with no preferential treatment, and the actual tax payment must be 1.014 million yuan.
However, all local surcharges and fees are waived!
Jiang Feng had no objection. Profits should be taxed, whether you are in China or abroad. You can legally avoid taxes, but you should never evade taxes.
Shouting slogans about patriotism is useless!
Paying taxes according to the law is true patriotism!
Jiang Feng never boasts about his patriotism or high moral character, but whether in China or abroad, he always pays taxes according to the law and does not break the law.
They have lived up to the country's expectations.
Be worthy of society.
But we will never accept moral blackmail!
The easiest way to attack someone is to attack them on a moral level, because it requires no reason or evidence; you can say whatever you want.
Jiang Feng looked at the mobile banking interface—
Account balance: 7.58 million RMB
He stroked his chin and muttered to himself, "What should I do with this money? Invest in crude oil? Or just invest in a few domestic new energy vehicle brands?"
"Or, should we purchase a Gulfstream G650?"
He has a deep obsession with this private jet.
However, after careful consideration, he finally decided: "Let's redeem my great-grandfather's estate that's mortgaged at the bank first!"
The items passed down from our ancestors are mortgaged to the bank.
I feel a bit unfilial.
(￣^￣)”
In addition, it's now possible to buy a car, as there are huge discounts available due to the super flu pandemic.
Ferrari? Let's go!
Porsche? Let's do it!
Lamborghini Aventador
Rolls-Royce Phantom
Maserati Quattroporte
奔驰S600
Ford F150
Buy! Buy! Buy!
Jiang Feng took Zhou Kai, Li Yang, Wei Tao, Yang Jun and others to the bank to process the early repayment of their loan and to bring home all of his great-grandfather's inheritance.
There are now a total of 22 security personnel!
Who would dare to steal anything?
Cut~
Of course, safety comes first, and monitoring and security systems are essential; the most advanced ones must be installed!
High-definition camera
The author of The New York Times
Night vision camera
Thermal imaging equipment
Vibration sensor
Metal detector
...
When the villa was built, Jiang Feng had a vault specially built on the third floor. It had a very high level of security and was mainly used to store valuables.
These treasures fit perfectly inside!
Gold: 3500 taels
Books: 2200
28 pieces of Yuan, Ming and Qing dynasty porcelain
13 Ming and Qing Dynasty Yixing Teapots
35 pieces of calligraphy and paintings
27 pieces of jade
8 bronze artifacts
11 pieces of rosewood
Silver dollars: 50000
brush, ink, paper, and inkstone
Ancestors' Tablets
...
Among them, the most precious are the glass-type imperial green jadeite bracelet, valued at approximately 80 million yuan, and the Yuan blue and white porcelain jar with flowers, birds and figures, valued at 60 million yuan, which can be called national treasures!
Tang Yin's Flower and Bird Paintings
Qing Dynasty Qianlong Imperial Kiln Cloisonné Porcelain Vase
Authentic calligraphy of Emperor Huizong of Song
Shi Dabin's Zisha teapot (Shubian teapot)
Chen Mingyuan's Zisha teapot (pumpkin teapot)
Ancient Shu Fish and Duck Bronze Ding
Top-tier full-health chicken blood stone
Wait, the value of all of them exceeds ten million!
There are also several thousand books, but they are not entirely books in the true sense of the word. Many of them are genealogies, accounts, notes, diaries, and reading comprehension annotations from the Jiang family's ancestors.
It may not have much value in terms of collection.
However, it has immense value for humanities and historical research.
This book contains a wealth of records on prices, local customs, culture, folklore, travelogues, secrets, and interesting stories from the late Qing Dynasty and early Republic of China, as well as the recollections of several generations of the Jiang family. It is of great value for the study of Chinese society in the late Qing Dynasty and early Republic of China!
There are even some old photos.
unfortunately
It's completely faded and I can't see it anymore!
Jiang Feng commissioned a professional cultural relic restoration agency to perform anti-corrosion treatment on the ancient books and paintings, remount them, and place them in an inert gas constant temperature protective glass display case.
Looking at the secret vault that resembled a private museum, Grandpa Jiang Zhenshan was quite moved and sighed, becoming the person who "visited" it most frequently, often flipping through the books left by his ancestors.
They even use "cultural relic" Yixing teapots to brew tea.
(→_→)
Currently, the global economy is sluggish, and many industries have been severely impacted. As a result, many wealthy second-generation individuals have cancelled their orders for luxury cars and supercars, leading to special offers on existing stock of luxury cars!
Jiang Feng bought a large quantity of goods at a 20-30% discount:
Lamborghini Aventador
Rolls-Royce Cullinan
Maserati Quattroporte
Ferrari-488
Porsche 911
Porsche Cayenne
Audi R8, Mercedes-Benz S600, Mercedes-Benz G-Class – not just one, but many, totaling 50 million RMB. The whole family has their own luxury vehicles.
Time flies, it's already 2020!
at last
When crude oil futures prices fell to $23 per barrel, Jiang Feng acted decisively, intermittently repurchasing shares and gradually closing out his positions.
Large-scale liquidation is not allowed!
This will lead to a price rebound.
22.8
22.5
22.1
21.8
20.5
Position liquidation complete!
OK
When crude oil prices bottomed out, Jiang Feng successfully closed out his positions at an average price of $21.5 per barrel.
A 67% drop?
$13 billion, short selling with 5x leverage.
Deduct handling fees.
Interest on leverage.
A total profit of $42 billion was made!
The US dollar exchange rate is currently soaring, and the RMB exchange rate is approaching 7, which is equivalent to about 30 billion RMB.
.