In 1978, I was admitted to Harbin Institute of Technology
Chapter 285: The investment company's first profit was only $10 million?
Chapter 285: The investment company's first profit was only $1000 million?
"Secretary Liu, don't worry. Our request for early delivery is also to train our seed instructors as quickly as possible. Besides, we spent over $6 million procuring these long-range rocket launchers. If Your Excellency can't see this..."
Abdullah told Liu Debao that it didn't matter since all four sets were experimental products.
They need to go back not only to train the operators, but also to show the president what the long-range rocket artillery, which cost over $6 million, looks like and how powerful it is.
Abdullah received urgent telegrams from home, urging him to accelerate the development of longer-range missiles by acquiring solid fuel and engine technology through rockets, and to build up the new force structure proposed by Yitzhak.
After returning, Yitzhak will be promoted to colonel and transferred to the Republican Guard to form a new combat brigade!
An order personally issued by the president!
"Secretary, although it is an experimental product, its overall performance and power still meet the design standards."
Xie Wei had always supported providing the experimental products to the Iraqi army for testing in the Iraqi desert environment, believing it would be more effective than testing them in the domestic desert environment.
Meanwhile, these test rocket launchers could be deployed to the battlefield at any time.
"Thank you. The training program for operators that we agreed on earlier needs to be adjusted. We hope that you can send a group of instructors to our country to help with the training; the arrangement for personnel to receive training at your country, which we discussed before, will continue."
Abdullah began to speak.
"no problem!"
Xie Wei agreed without even thinking about it.
"To expedite the training process, we have selected a group of young officers from within China. These officers will arrive in Hong Kong soon, and we hope that the officers will begin their training during the voyage..."
Is it in such a hurry?
Liu Debao and others found Abdullah's suggestion inexplicable.
Training begins during transportation?
There's not much of a problem conducting operational training on a cargo ship when there are no waves or storms. But what if there are waves or storms?
Conducting theoretical training?
Xie Wei was even more surprised. The fact that the other side made such a request so soon after the war started showed that there were still some astute senior members of the Iraqi military who knew that the war, which the president was so confident about, would not be easy.
"Sure! But we lack enough translators..."
“We have translators and have arranged for roll-on/roll-off cargo ships.”
"Then there's no problem."
Xie Wei stopped Liu Debao from raising further objections with a look and replied with a smile.
As a result, the two sides quickly signed a new contract, and the $5 million would arrive in a very short time. However, this time Abdullah did not choose to pay all of it at once, but instead paid $3 million first, and the remaining $2 million would be paid after the Chinese side completed the delivery of the first batch of 36 rocket artillery launch systems and supporting rockets.
Xie Wei did not object.
The Iran-Iraq War has just begun, and Iraq has not yet spent much of its hundreds of billions of dollars in foreign exchange reserves.
"Secretary Liu, don't worry. As long as it doesn't cause us any loss, we can agree to the client's request. The customer is king!"
After signing the contract, Liu Debao expressed his concerns to Xie Wei with great worry.
“I always felt that something was wrong.”
How could this not be abnormal!
The Iran-Iraq War had already broken out.
Xie Wei couldn't say anything.
The news hasn't been released domestically yet, so how do you explain the source of the information you've already disclosed?
Could it be that Yitzhak and Abdullah told him?
"Isn't it unusual for them to come to our country to purchase equipment?"
Xie Wei raised an eyebrow.
Iraq is not a customer of Chinese weapons and equipment. The Soviet Union and the West are the sources of Iraq's arms. The reason for its early arrival is not to purchase tanks and fighter jets, but because of the early appearance of Xie Wei's disposable rocket launchers.
Xie Wei even had reason to suspect that Iraq was helping the Soviets with the procurement.
If it weren't for the long-range rocket launcher that allowed Abdullah and others to "encounter" environmental testing and return to school, this series of contracts wouldn't have happened.
"Don't worry, as long as they pay you."
Xie Wei comforted Liu Debao, "Right now, our biggest concern is how to deliver on time and in the required quantity and quality. Even though we now have three factories with strong production capacity, we haven't built a large-scale production line yet..."
Upon hearing the word "delivery," Liu Debao's attention was indeed diverted.
His brows furrowed even more: "Completing such a large-scale delivery in three years is incredibly stressful."
The production of the rocket artillery launch systems ordered by the other party was not a major problem. The special chassis required for more than 100 launch systems could be produced in one or two years, given the production capacity of the major special vehicle factories in China. It was not necessary to transport intercontinental strategic missiles.
There were too many rockets.
"Therefore, you need to communicate more with the relevant departments."
Xie Wei also sighed.
China today is not even a manufacturing powerhouse. But decades from now, any fully automated missile production line could easily produce hundreds of missiles a day at full capacity. Rockets, which are much simpler in structure than missiles, would be even easier to produce.
A daily production of 1000 rockets is just the standard production capacity for ordinary rockets.
It's not that China's military industrial enterprises are full of martial spirit, but rather that under the nationwide "involution" situation, military factories can only desperately improve their technological strength, increase production capacity, and reduce manufacturing costs to an outrageous level in order to survive.
In a super-manufacturing country that profits from selling scrap in the field of mechanical cutting and machining, excessively high production costs would be tantamount to cutting itself off from the market and making it impossible to survive.
The small order Iraq is currently placing can be delivered in ten days under extreme conditions decades from now.
Unfortunately, we are still in the early stages of reform and opening up.
Automated production has not yet begun.
"Don't worry, this will be my focus in my work going forward. By the way, Vice Minister Hu is coming to the school tomorrow, so come with me to the station to pick him up."
"So I don't need to go, right?"
Xie Wei was puzzled. Why was he asked to calculate when Vice Minister Hu came to the school for inspection?
"Vice Minister Hu specifically requested that you pick him up."
Liu Debao had a big smile on his face.
He knew Vice Minister Hu's purpose in coming, but he didn't want to tell Xie Wei at the moment.
"Has the person in the school-enterprise cooperation office been selected?"
Xie Wei's thought process surprised Secretary Liu.
"Nope!"
Liu Debao shook his head. "You shouldn't have sent Wang Zheng to Hong Kong. After he arrived, he sent two telegrams to let us know he was safe, but there was no other news. If the organization didn't trust him so much, I would have suspected that he had absconded with the money."
"..."
Xie Wei had no way to respond to that.
These days, it's not so easy to abscond with embezzled funds.
1000 US dollars!
With the country's foreign exchange reserves at just over $10 billion, it's unlikely that someone of Wang Zheng's rank would have access to such information in other organizations.
Even during the Anti-Japanese War, underground transportation stations were established in Hong Kong. Over the years, even with the Coordinating Committee for Multilateral Export Controls (COCOM) in place, some embargoed technologies, equipment, and parts could still be transferred back from Hong Kong.
Given Li Rui's personality, wouldn't he arrange for someone to keep an eye on Wang Zheng?
If it were Li Rui himself, he would be afraid of making a mistake and would arrange for someone to keep an eye on him.
Liu Debao's seemingly joking remark was actually a reminder to Xie Wei not only of his trust in Wang Zheng, but also of the importance of the $1000 million Xie Wei was asking for.
"Don't worry, that $1000 million, at least it'll break even."
······
"This job is inhuman! I shouldn't have agreed to Xie Wei's offer..." Hong Kong.
Starry Sky Investment Company.
In his secluded general manager's office, Wang Zheng looked at yesterday's reports, scratching his head and complaining in frustration.
He had lost count of how many times he had regretted it.
After arriving in Hong Kong, he dismissed the original person in charge, Qiao Rongwang. The investment company, which had only a dozen or so people, was basically full of newcomers. Wang Zheng spent his days buying crude oil futures and learning related knowledge.
Wang Zheng vowed that all the books he had read before coming to Hong Kong combined were less than a third of what he had read after arriving in Hong Kong.
Even so, the daily fluctuations in profits and losses, ranging from tens of thousands to hundreds of thousands of dollars, are something only Wang Zheng, whose monthly salary is only 124 RMB, can truly understand.
As expected, international oil prices fell by nearly 10 cents yesterday, resulting in a loss of almost $20 for Wang Zheng, who already held nearly 2000 crude oil futures contracts.
"Damn it, Xie Wei is inhuman!"
Looking at the shocking numbers on the report, Wang Zheng felt that if this continued, he would go crazy.
Since he arrived here, he has made purchases at different prices, but in total, he has already lost more than $170 million. This is still the reason why he did not dare to put all his funds into the project at the minimum margin.
"Bang~"
The office door, which was closed, was kicked open.
Mr. Wang, who was cursing Xie Wei in his heart, was about to lose his temper.
"It's gone up! It's gone up! Boss! With the outbreak of the Iran-Iraq War, international crude oil prices have skyrocketed! We're going to make a fortune!"
A young man in his twenties shouted excitedly at Wang Zheng, who was about to explode in anger.
"It went up? By how much?"
Wang Zheng was stunned for a moment, then overjoyed.
It wasn't that he didn't trust Xie Wei, but rather that after trusting Xie Wei, seeing the daily fluctuations in international crude oil prices was too much for his fragile heart to handle.
"It has already broken through $23, and it will continue to rise..."
The young people were thrilled.
Their bonuses are higher when the company makes money.
While a basic salary of a few thousand Hong Kong dollars a month can provide a decent living, it's not enough to realize one's dreams.
"Boss, should we make a move and take some of the damage?"
Wang Zheng didn't answer, thinking quickly. He wondered if he had misheard and asked his subordinate, "You just said the Iran-Iraq War has started? Does that mean Iraq is attacking Iran?"
"Yeah~"
The subordinates were puzzled.
Ever since the boss started buying international crude oil futures contracts, he's been keeping an eye on the movements of Iraq and Iran. Iraq has already deployed troops to the border.
"Bang~"
Wang Zheng slammed his hand on the table and jumped up excitedly, "The fight's finally starting!"
"..."
Wang Zheng's subordinates could not understand his excitement.
"Boss, should we sell some of our shares? We're already making over $5000 in profit per share. If we sell them all, we'll have nearly $1000 million in profit..."
The subordinate asked again.
With the outbreak of the Iran-Iraq War, crude oil prices will definitely rise sharply in the short term.
However, after several previous oil crises, coupled with the Iranian revolution, international oil prices rose rapidly in the short term after Khomeini came to power and then fell sharply. Now that war has broken out, the sharp rise in oil prices has led to the dumping of many international contracts.
Stay safe!
"No! Keep buying! Put all your money in!"
Wang Zheng thought about it and decided to go all in.
If he had invested all his money from the beginning, he would now have tens of millions of dollars in profit. Crude oil futures trading only requires margin, not payment based on the price of crude oil.
"Boss, about the Iranian Revolution before..."
"Do as I say! Hurry up! The later you wait, the lower your profits will be!"
Wang Zheng ignored his subordinates' advice.
Since it has been proven that Xie Wei's judgment was correct, I should just continue to operate as he instructed, just like before.
Seeing the determination on Wang Zheng's face, the subordinate withdrew his words of persuasion and silently left.
Anyway, the money belongs to the boss. If they make a profit, they get a bonus; if they lose money, they only get a basic salary.
Bankruptcy means no wages?
Did they think the relevant departments in Hong Kong wouldn't approach a boss with a mysterious background?
After calming down, Wang Zheng carefully considered Xie Wei's instructions to him before he came, especially the price and timing of the sale. Finding nothing missing, he lit a cigarette and went outside to compose himself.
"According to the previous plan, we will gradually sell off the contracts after the price of crude oil breaks through $30... This month, everyone will receive a bonus of HKD 10,000... Once all the contracts are sold off, bonuses will be distributed based on the profits..."
"Oh, BOSS, that's great!"
The office instantly erupted in excitement.
Wang Zheng walked out of the office with a smile on his face, but his heart was bleeding.
It's so sunny and bright outside!
Back at his rented apartment, he changed out of his suit and into very ordinary clothes before hailing a taxi. He changed taxis twice before finally reaching the post office next to Kowloon Walled City, where he sent a telegram to Xie Wei.
He didn't photograph the school directly, but instead photographed Chengdu, which he then had Xie Jianguo collect and pass on to Xie Wei.
"What's this kid up to? It's just sending a telegram, why is he making it sound like an underground rendezvous..."
After Wang Zheng left the post office, an ordinary-looking young man walked to a dilapidated pickup truck parked by the roadside and quickly explained the situation to the middle-aged man in the passenger seat.
The young people complained.
"Let's go. As long as he doesn't leave Hong Kong or transfer funds, we just need to keep an eye on him."
Wang Zheng was completely unaware that someone was following him.
Xie Wei simply told him not to let foreign spies know about his relationship with the school, especially the relationship between Xingkong Investment and Harbin Institute of Technology.
That's why he was so cautious.
Xie Wei knew very well that, given the West's nature, when they were to sanction Harbin Institute of Technology in the future, they would definitely take action against Xingkong Investment once they learned of its relationship with the university.
"I hope Xie Wei sees this and comes over soon! It's really ridiculous, I'm just a guy who earns 124 yuan a month, and I'm giving out bonuses of over ten thousand Hong Kong dollars to more than ten employees... After this is all done, I'll have to give out even more..."
Back in his office, Wang Zheng listened to his subordinates' report and could only manage a wry smile.
It wasn't that he was jealous that his subordinates could take the bonuses without a care in the world; rather, he felt the world was too surreal.
More importantly, he didn't know how to transfer the foreign exchange to Harbin Institute of Technology without leaving any trace after making money.
(End of this chapter)
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