Returning to his senior year of high school, he went all in and made billions by buying at the botto
Chapter 96 Betting on the Future
For the next week, the entire Jiangcheng County was in high-speed operation.
Zhou Mingyuan personally took charge, and the county's Development and Reform Commission, Land and Resources Bureau, Environmental Protection Bureau, Investment Promotion Bureau, and Industrial Park Management Committee jointly established a project task force.
Data on fluorite and lithium resources in Jiangcheng County and surrounding areas were quickly compiled.
Preliminary site selection for 2,000 mu of industrial land has been completed.
The planning for the East Suburb Industrial Corridor has also been readjusted.
At the same time, Zhou Mingyuan personally extended an invitation to Duofuduo and Tianci Materials to conduct an inspection.
The two companies reacted very differently.
Duofuduo is at a critical stage of expanding its lithium hexafluorophosphate production capacity and has a strong need for fluorite resources, capital, and local support.
After reviewing the planning documents sent by Jiangcheng, Li Jiang immediately instructed the company's strategy department to contact the county government.
Three days later, he personally led the team to Jiangcheng.
Tianci Materials took a much more cautious approach.
Xu Fu did not attend in person, but only sent a vice president in charge of investment and a technical team.
The other party clearly did not believe that an obscure small county could really establish a complete industrial chain spanning mining, fluorochemicals and lithium battery materials.
Their attitude subtly changed after they arrived in Jiangcheng and saw the already operational production line of Deer Technology and the financial proof issued by Xingchen Technology.
……
Nine o'clock in the morning.
The first meeting room of Jiangcheng County Party Committee.
The long table was filled with people on both sides.
Zhou Mingyuan, Deputy County Head Wang, and heads of relevant county departments sat on one side.
On the other side are the management teams of Duofuduo, Tianci Materials, and Deer Technology.
Chen Mo sat at the front of the long table.
There was only a thin document in front of him.
After the meeting began, the county officials first introduced the industrial park, transportation, land, and infrastructure plans.
Following that, Lin Wan, representing Xingchen Technology, presented the first batch of fluorite mine acquisition lists.
"Xingxin Mining has identified seven fluorite mining companies in the western province."
"Three of them have entered the due diligence stage, and their combined proven fluorite reserves exceed 12 million tons."
"After the acquisition is completed, Xingxin Mining can give priority to supplying long-term raw materials to the Jiangcheng Fluorochemical Project."
Li Jiang, chairman of Duofuduo, flipped through the documents, his expression becoming increasingly serious.
Fluorite is a non-renewable strategic resource.
Whoever can control a stable, low-cost upstream supply will gain the upper hand in future competition in the fluorochemical industry.
"Mr. Chen."
Li Jiang put down the documents and looked at Chen Mo for the first time.
"Have you completed the acquisition of all these mines yet?"
"no."
Chen Mo frankly admitted: "We have basically reached an agreement with three of them, and we are still in contact with the remaining four."
Upon hearing this, the vice president of Tianci Materials frowned slightly.
"In other words, the so-called stable resource supply is currently just a plan."
"Planning is not the same as empty talk."
Chen Mo looked up at him.
"Star Technology will allocate 2 billion yuan in special funds to be responsible for completing the first phase of mineral acquisition."
"If Duofuduo and Tianci Materials agree to cooperate, the resource acquisition agreement can be included as a precondition for the joint venture project."
"Since the mining rights have not been transferred, you don't need to pay a single penny."
The meeting room fell silent. No upfront investment from the partner was required; all acquisition risks would be borne by Xingchen Technology.
This alone is enough to prove that Chen Mo is not trying to get something for nothing.
Li Jiang pondered for a moment.
"Duofuduo can provide lithium hexafluorophosphate production technology and some core teams, but technologies involving existing patent systems cannot be incorporated into the joint venture free of charge."
"Reasonable."
Chen Mo stated, "The technology was valued and contributed as equity after being evaluated by a third party; we respect intellectual property rights."
"However, any new patents developed through subsequent investment by the joint venture must belong to the joint venture."
Li Jiang's gaze narrowed slightly.
"The new patent, led by Dufuduo, will also belong to the joint venture?"
"Xingchen Technology provides the funding, Xingxin Mining provides the resources, and Jiangcheng County provides the land and supporting facilities."
Chen Mo calmly countered, "Does this mean that once the research and development is successful, the technology belongs solely to Duofuduo, while the risks are borne jointly by all shareholders?"
Li Jiang did not answer immediately.
The first clash between the two sides focused on the ownership of the most crucial technology.
After a moment, he slowly nodded.
"Patents developed within the joint venture project can belong to the joint venture company."
"But Tovedo must have priority licensing rights."
"Can."
Chen Mo agreed very readily.
It doesn't matter whose safe the technology is kept in; as long as the production base, R&D team, and industrial chain remain in Jiangcheng, the patent usage rights are entirely negotiable.
"How much is Mr. Chen planning to invest in the first phase of the project?" Li Jiang asked.
"Star Technology invested 300 million yuan in cash."
"Deer Technology contributed its existing factory buildings, production lines and related assets as equity."
"Xingxin Mining signed a ten-year fluorite supply agreement with the joint venture."
"The county provides 600 mu of industrial land and supporting infrastructure."
Chen Mo opened the documents in front of him.
"Duofu contributed its technology, equipment, and core team as equity."
"The first phase goal is to add 5,000 tons of lithium hexafluorophosphate production capacity and simultaneously build a pilot production line for electronic-grade hydrofluoric acid."
Five thousand tons!
The members of the Duofuduo team exchanged glances.
Given the current market size of lithium hexafluorophosphate in China, this is no longer a tentative investment, but rather an attempt to seize the national market ahead of time.
"Won't there be overcapacity?" an executive couldn't help but ask.
"Possibly in the short term."
Chen Mo said calmly, "But industrial investment cannot be based solely on today's orders."
"Smartphones, energy storage, and new energy vehicles will all drive the growth in demand for lithium batteries. By the time everyone sees the demand explode and then builds production capacity, it will be at least two years too late."
Li Jiang looked at Chen Mo's youthful face, and his expression gradually changed.
Before coming to Jiangcheng, he always thought that the so-called 10 billion yuan industrial plan was just a gimmick created by the local government to attract investment.
Only now did he realize that the one who was truly driving the entire project was actually Chen Mo, who was far too young.
More importantly, the other party has its own judgment on technology, resources, and market cycles; they are not laymen who only know how to throw money around.
"Duofuduo has agreed in principle to establish a joint venture."
Li Jiang concluded by saying, "The specific equity ratio, technology assessment, and production capacity planning will be discussed further by both teams."
A smile finally appeared on Zhou Mingyuan's face.
As long as Duofuduo is willing to enter the market, Jiangcheng's fluorochemical industry chain will have its first real pillar.
All eyes turned to the Tianci materials.
The vice president did not immediately respond.
"Mr. Chen, Tianci Materials is not most concerned about factory buildings and funding, but about the supply of raw materials."
"Jiangcheng lacks a mature lithium battery industry support system. Even if a factory is built here, some core raw materials will still need to be transported from other places."
"This will increase costs."
"Therefore, I did not invite Tianci Materials to simply replicate an existing factory."
Chen Mo pushed another map in front of him.
The document lists several lithium mines in the western province, as well as several projects that Xingxin Mining is currently in contact with.
"One of Xingxin Mining's key focuses for the next three years is lithium mining."
"Tianci Materials can establish a resource investment fund with Xingxin Mining to jointly acquire upstream mineral rights."
The vice president's expression shifted; this was great news.
The significance of moving directly from production cooperation to resource cooperation is entirely different.
How much is Xingchen Technology planning to invest?
"The first phase is 1 billion yuan."
Chen Mo said, "Tianci Materials can be funded, or it can be left unfunded."
"Without investing, Xingchen Technology will independently complete the resource acquisition and supply raw materials to the joint venture factory at market prices."
"If we invest jointly, we will share the benefits of the resources according to our shareholding ratio."
"The choice is yours."
There was no coercion, no empty promises, and the conditions were so clear that there was no room for complaint.
After a brief, low-key discussion with his team, the vice president finally said, "Tianci Materials is willing to sign a strategic cooperation framework agreement, but the joint venture factory construction requires further decisions from General Manager Xu and the board of directors."
"Can."
Chen Mo did not ask the other party to make a statement on the spot.
If Tianci Materials is willing to come to the negotiating table, then today's objective has been achieved.
Real industry negotiations can never be completed in a single meeting.
11:40 a.m.
Jiangcheng County, Duofuduo, Tianci Materials, Xingchen Technology and Deer Technology jointly signed a strategic cooperation memorandum.
Duofuduo will complete the project feasibility assessment within one month.
Tianci Materials dispatched a resident team to conduct a comprehensive investigation of Deer Technology's production capacity, lithium resources in western China, and the Jiangcheng Industrial Park.
The news will not be released to the public yet, but everyone understands that the outline of a new energy materials industry cluster has begun to emerge.
……
in the afternoon.
Xingxin Mining Conference Room.
Liu Xin, who had just returned from Xiling, placed an asset appraisal report in front of Chen Mo.
"Mr. Chen, this is all the assets of Longxin Group."
Chen Mo opened the file.
Mining engineering construction qualifications and five mature exploration and mining teams.
Large mining equipment, transport fleets, ore processing plants, explosives use permits, and sales and supply channels throughout the mining industry in western province.
Compared to the East Suburb Gold Mine and the Xiling Rare Earth Mine, Longxin Group does not have any particularly impressive core mining rights.
But it possesses what Xingxin Mining currently lacks most.
People, equipment, and a mature mining operation system.
"The overall valuation given by professional institutions is 1.2 billion."
Liu Xin grinned: "Some of the equipment here is overvalued, and there's also a lot of inflated goodwill involved."
"I won't take advantage of Mr. Chen."
"One billion yuan."
"Longxin Group's operating assets, personnel, qualifications, and channels will all be merged into Xingxin Mining."
Lin Wan, who was standing next to him, glanced at him.
"Mr. Liu, this is no small transaction."
"After the merger, the Longxin brand may cease to exist."
"I know."
Liu Xin looked at the Xingxin Mining logo on the conference room wall and fell silent for a moment, a rare occurrence.
Longxin Group was built from scratch, bit by bit. During the most difficult times, he personally went down into the mine, ran transportation, and collected debts, and almost lost his life in the mine several times.
It would be a lie to say he had no feelings, but he was even more aware that Long Xin had reached his limit.
Based on his own abilities, Long Xin could at most become a fairly large private mining company in west Province.
By following Chen Mo, one can enter fields such as gold, rare earth, fluorite, and lithium mines, which were previously unthinkable.
"President Lin."
Liu Xin raised her head and said frankly, "You can't catch a wolf without risking your cub."
"I, Liu Xin, am not very educated. In the past, when I was guarding Longxin, I thought that having a few mines and a few hundred workers meant I could have a say in the province, and that was enough for me to make something of myself."
"After following Mr. Chen, I realized how vast the market is. Gold mines, rare earths, and lithium mines are things I never dared to dream of before."
He turned to look at Chen Mo.
"In the future, Xingxin Mining will operate mines across the country and even overseas."
"If Long Xin stays outside, it will only result in two separate teams, two separate accounts, and two separate interests. Rather than hindering each other in the future, it's better to merge completely now."
Chen Mo looked at this rough-around-the-edges man in surprise. He hadn't expected that when it came to a crucial issue, this man was more clear-headed than anyone else.
"Mr. Liu, after the acquisition is completed, the decision-making power of Longxin Group will be incorporated into the Xingxin system. Major investments, finances, and personnel decisions will no longer be made by you alone."
"I've thought it through."
Liu Xin answered without the slightest hesitation.
"I, Lao Liu, am not afraid of working for others, I am afraid of following the wrong person."
"Besides, I'm not giving Long Xin away for nothing."
He pointed to the assessment report and chuckled.
"Exchange 1 billion yuan of assets for shares in Xingxin Mining."
"The bigger Xingxin grows, the more valuable my family business will become."
"I understand this situation perfectly well."
Chen Mo finally smiled.
"Okay, okay, okay."
He looked at Lin Wan.
"Initiate the acquisition based on a target of one billion yuan."
"Xingchen Technology first invested 2 billion yuan in cash to increase Xingxin Mining's capital, and then Xingxin Mining absorbed Longxin Group's core assets and business."
"The Xingxin shares originally held by Longxin Group have been transferred to Mr. Liu's personal shareholding platform."
"After the acquisition, Xingxin Mining's overall valuation will be 4.4 billion yuan."
Lin Wan quickly calculated the new shareholding ratio on the paper.
Xingchen Technology holds approximately 61.36% of the shares.
Chen Mo personally holds approximately 9.09% of the shares.
Liu Xin's personal shareholding platform holds approximately 29.55% of the shares.
Despite the capital increase and mergers, Liu Xin's shareholding ratio does not appear to have returned to the initial 30%.
However, the book value of his shares has increased from 300 million yuan to 1.3 billion yuan.
More importantly, he went from being the owner of a local mining company to becoming the second-largest shareholder of a resource group that controls gold and rare earths and is about to make large-scale acquisitions of fluorite and lithium mines.
"Mr. Liu, do you have any objections?" Chen Mo asked.
"No!"
Liu Xin slammed her hand on the table, her face flushed with excitement.
"From now on, there will be no distinction between Longxin and Xingxin."
"All teams, equipment, and connections are at the disposal of Xingxin Mining."
"Which mine do you point to? I, Old Liu, will lead my men to raid that mine!"
Lin Wan couldn't help but remind him, "President Liu, we are a legitimate mining group."
"Yes, yes, yes."
Liu Xin coughed twice and immediately changed his tune: "It's about developing which mine."
A burst of laughter immediately filled the conference room.
Chen Mo closed the merger and acquisition plan, but there was little relief in his eyes.
With the merger of Longxin Group, Xingxin Mining has finally completed its most critical operational capability.
Star Technology provided the capital.
Xingxin Mining controls resources.
Deer Technology undertakes upstream mineral resources and transforms them into high-value-added materials.
Duofuduo and Tianci Materials will be responsible for supplementing the technology and market channels.
The previously scattered pieces are now truly coming together for the first time.
"Mr. Liu."
Chen Mo pushed a map of mineral distribution in the western province in front of him.
More than ten targets have been circled in red above.
"No need to rest after the merger is completed."
"You will personally lead the first resource acquisition team."
"I want to acquire at least three fluorite mines before the Spring Festival."
Liu Xin looked down at the map, his eyes gleaming with intense light.
"clear."
In the conference room, a capital increase and merger involving more than 3 billion yuan was decided in just a few words.
From that day on, Longxin Group gradually withdrew from the historical stage.
Instead, a massive mining group began to extend its reach into the national resource market.
Xingxin Mining.
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