Amidst the warm applause, everyone picked up champagne and toasted to celebrate around a young Asian man and woman. There was constant applause and laughter all around.
However, deep in the eyes of those Westerners, there is a trace of ridicule and playfulness - is this still the age of the oil tycoons at the beginning of the last century? Now entering this industry, it is like eating shit and not being able to keep up with the heat.
In addition, these oil and gas land parcels are all extremely shabby places. With this Chinese tycoon, he would rush to the streets sooner or later, and even his mother would not recognize him.
But it doesn't matter. At least it's a large investment, adding more than 800 jobs to the city of Denver. There are also future taxes and so on.
Then play more with this Chinese tycoon! I hope he can have more fun and come back to be a lovely scapegoat a few times in the future!
Amid the congratulations from around him, Li Yuan was also smiling and nodding around. Gu Yuqin behind him also had crescent eyes - so happy! Oil tycoon? I didn't expect that our family would actually become the Rockefeller family.
Such an oil tycoon! Hehehehe.
In fact, not only at home, but also around the world, the tycoons in the minds of ordinary people at this time are still the two people from the golden age of the United States - oil tycoon Rockefeller and bank tycoon Morgan.
This concept has long been ingrained. On the contrary, the current high-tech upstarts such as computer IT are simply weak.
…
Of course, these guests at this time are almost all "very knowledgable" people. After all, Denver is an important oil and gas town in North America. Have you never eaten pork or seen pigs running? They are all relatively familiar with the oil and gas field. If oil and gas are now
If the industry is so popular, how can Denver gradually decline?
One thing to say is that today's oil and gas are very cheap, and the cost has been reduced to the extreme. As for the "petrodollar" in the United States, it is just for the status of the US dollar as the world's common currency, not because of how profitable oil and gas is.
Besides, in the business of opening oil and gas fields to make money on the side, either state-owned companies in various countries or powerful old consortiums, how can they get the turn of the newbies? As for the hard and dirty work, it is really not profitable, and gradually
It has become a sunset industry.
Especially in the contracts signed today, although the reserves are relatively large, they are basically worthless for mining. It’s not that it cannot be mined, but that the cost of mining is outrageous and has no economic value at all.
So, this Chinese Li... is very stupid and naive!
However, others did not know that Li Yuan was equally elated at this time.
You must know that the outbreak of the Enron incident not only affected the Internet industry, but also affected the global oil and gas industry. At this time, domestic oil and gas imports have not really developed, and the global oil and gas market is in a situation where supply far exceeds demand. Therefore,
Many small and medium-sized oil companies simply cannot hold on and are eager to dispose of their assets.
Therefore, in Denver, Li Yuan has successively acquired five such oil companies and obtained mining rights in more than a dozen places in the United States and Canada. Most of them are shale oil and shale gas.
Although shale oil and gas resources were discovered very early, due to limitations of geological understanding and technical means, people did not pay attention to this type of resources and did not realize its great potential. But they never expected that just a few years later
, there will be a shale oil and gas revolution, production will increase explosively, and mining costs will suddenly drop to an acceptable level.
Especially the United States, through this shale oil and gas revolution, has jumped from the largest energy importer to the largest energy exporter. It has really opened the eyes of a lot of people. This revolution has even spread to other fields, making
Global coal prices have plummeted, and even domestic coal bosses have lost their prestige, right?
However, the economics of shale oil and gas are not high at this time, and these "bad places" are just a bargain.
In addition, the U.S. has mature oil and gas pipeline construction, mature technical strength, and mature energy market... The combination of these factors has allowed it to be developed first.
To put it simply, everything is ready now, all we need is Dongfeng. The Dongfeng here is not express delivery? It is the development of China's huge new market.
In this case, why didn't Li Yuan come over to pick up the money?
So, everyone here thinks that they have made a very cost-effective business, and they are all secretly enjoying themselves. And they all think that the other party is a bad guy!
And after acquiring these oil and gas fields, we can maintain a certain amount of production in recent years. After all, no matter how bad the place is, there are still some valuable oil and gas resources.
After a few years, we can enter the shale oil and gas field. We can import it domestically and easily absorb this part of the production.
Then, of course, it's a transfer, and it can be sold to a few giant state-owned enterprises, and it can be sold at a good price.
Anyway, the motherland has gained energy security, and Baobao has done a good business. It’s a win-win situation for everyone!
…
"Li, thank you for your investment in Denver. I hope your business can prosper with the local area."
"Thanks."
"Li, but I'm a little surprised. Why did you place an order for scraps from the slaughterhouse? And it's such a large quantity?"
"It's mainly for processing into food. We Chinese like to eat those... well, they are our delicacies! It would be too wasteful to throw them away, and you have to dispose them harmlessly. It is better to export them to China. If the sales are good,
I am also planning to build a pre-treatment plant here."
There was laughter all around. A certain prejudice against Chinese food has long been ingrained in European and American countries. Of course, there are not only chicken feet and duck feet here, but also beef offal, haggis, etc. These Americans also don’t like to eat it very much, and Denver
The city is also one of the agricultural product processing center cities.
After chatting for a while, someone said: "Li, thank you again for keeping your promise and bringing investment to the development of our city."
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Li Yuan said with a smile: "My Phoenix Energy will invest in the North American market for a long time. I hope to establish an unbreakable friendship and become a great company in the field of new energy."
of enterprises.”
Indeed, Phoenix Energy's North American headquarters here was of course focused on the development of shale oil and gas in the beginning, and will definitely focus on the new energy industry in the future. Otherwise, how could it be possible to make such quick money?
In other words, current new energy sources are also burning money and require subsidies from traditional energy sources such as oil and gas.
"Li, I found that your investment has slowly shifted to traditional industries, such as farms and ranches, energy companies, food processing industries, etc. Are you really not optimistic about the recent Internet?"
Li Yuan chuckled: "Then you have a bit of a misunderstanding. Parallel Line Technology has just issued an announcement - I will personally repurchase 8.5% of the equity. I also promised not to reduce my holdings within three years."
"Oh! That's it. I hope you succeed."
"Thank you! I also hope that China and the United States can develop together! Haha!"
"..."
…
Regarding the joint development of China and the United States, Li Yuan didn't take it seriously anyway, he just said it casually.
But having said that, the United States is indeed a good place. It is Li Yuan's little treasury. As long as he is short of money, he can find opportunities to make a lot of money.
Agricultural products, seafood, and this time shale oil and gas resources, etc., aren't they just lying around and making money? In other words, this is actually not to blame Li Yuan. In the future, in addition to agricultural products and oil and gas resources, the United States will also
What can be exported to China?
In this case of the dot-com bubble bursting, things really went off the rails at first. It looked very magical and turned into a large-scale reality show.
Moreover, the products and services brought by high technologies such as the Internet have completely subverted traditional shopping, communication and entertainment methods. Its significance is no less than replacing horse-drawn carriages with cars and replacing steam with electricity.
Even the Internet links people who do not know each other, lowering the threshold for information transmission, and at the same time creating a large number of new economy companies and wealthy people with unlimited potential.
Therefore, Li Yuan obtained more than one billion US dollars in cash flow from the reduction of Parallel Line Technology. And this time the Nasdaq plummeted, and he had sufficient funds for repurchase.
Amidst the chaos, Parallel Technology has performed very well. Just like companies such as Google, Amazon, EBay, Qualcomm, etc., although they fell into trouble in the bubble, they have mastered the core technology or core products.
, with a large number of users, it can’t be any worse.
Therefore, in this "irrational prosperity", Internet companies have truly embarked on the path of pursuing profits, and famous manufacturers have begun to emerge one after another. The entire world has also undergone earth-shaking changes because of Internet technology, with online shopping, electronics
Technologies such as payment, Internet of Things, search engines, and social networks are subverting traditional business models.
Especially this bubble, because it was this craze that promoted the popularization of the Internet, turning the Internet from a luxury product into a daily necessities, allowing more people to enjoy the convenience brought by the Internet.
Of course, these are all things for later, and we are still in the painful period of the bubble bursting.
Internet companies one after another squandered their assets and subsequently went bankrupt one after another.
As for the top three companies in China, they also quickly fell below the $1 mark. Even like NetEase, they were forced to suspend trading by Nasdaq. To be honest, they are only one step away from bankruptcy.
The amazing thing is that with the emergence of Monternet, the top three companies have all come back to life one after another. NetEase, in particular, has invested all their money into the game industry and developed the "Fantasy Westward Journey" series of games.
And because there were previous demonstrations of parabolic technology, the business model of "Fantasy Westward Journey" is very similar to the "Wild Wilds" model, making the development faster, far exceeding the development in the original historical line.
At this time, someone was finally surprised to find that both Parallel Technology and domestic Parabolic Technology were one step ahead? And they perfectly avoided this bubble burst?
At this moment, someone finally recalled that paragraph, the speech at the shareholders' meeting. They were immediately amazed, Brother Yuan is Brother Yuan!
All in all, the first stage, the Internet feast has ended. After the great waves, the remaining companies are preparing to fly.
…
After finishing their trip to the United States, Li Yuan and Gu Yuqin came to Munich, Germany, where the new energy exhibition will be held soon. They will bring the latest products of Phoenix Solar to participate in this exhibition...
In a German-style street restaurant, Gu Yuqin stared at the plate in front of her with surprise on her face: "Yuanzi, why is there so much meat? And so many sausages?"
"Haha, Germans are all about meat. Look around, are they all fat and strong?" Li Yuan picked up a sausage and took a bite, "Qinqin, who told you not to listen to advice? I just said
Instead of just ordering one portion, you must have one portion for each person, right?"
Gu Yuqin rolled her eyes: "I didn't know there were so many? Oh! Just bring Qiqi here. He is exactly like you, and he will definitely have a big meal."
"Forget it! If he is here, can the two of us still eat in peace?" Li Yuan said with a smile, "It doesn't matter if we can't finish it. We can pack it up later."
"Oh! Then do Germans eat that much at every meal?"
"What are you thinking about? They can't finish it themselves. Who made you like the signature dishes here?" Li Yuan explained with a smile, "We all have similar appetites. We all came from hard times. Just like us before,
A bowl of rice and a pickle dumpling is enough for a meal. The same goes for foreigners, a few slices of bread and butter, a bowl of soup, and a few slices of vegetables. They don't often eat meat."
"Ah? Foreigners also have times when they are poor?" Gu Yuqin was shocked.
"Isn't this nonsense? It was the same in ancient times, but in modern times we are a hundred years behind!"
"oh oh!"
"Hey, don't eat too much. There will be dessert later. It should be a large piece of cake, right?"
"Ah? And? No wonder the Germans are so strong?"
"Haha, it's all the same. When Qiqi grows up in the future, the children in China will also be tall and strong. They want to eat up the whole world."
"Hehe. No way?"
"..."
In the development plan of Phoenix New Energy, it is now also in the first stage - using profits from other products to specifically subsidize the development of the solar energy industry.
Previously in Denver, this was the reason for the extraction and sales of shale oil and gas.
In China, solar water heaters are currently sold. This year's total sales volume of Phoenix brand solar water heaters is expected to exceed 1 million units.
In particular, this market is a huge profit market, with the gross profit per unit actually reaching over 1,000. It has become a major profit and tax maker and a star enterprise in Neizhou City.
Of course, we will soon face a tragic involution, and the gross profit margin will also drop rapidly. Therefore, there are only a few years left in the good years, and a large number of solar water heater manufacturers will be out of business in the future.
Because of this, Phoenix New Energy has started a new industrial layout, which will reduce investment in water heater sales, compress costs as much as possible, and fully shift to the new solar market!