Chen Mingcheng, who is in Lanfang, is anxiously waiting for the news ahead.
After being inspired by Gu Kun the day before yesterday, he came up with the idea of laying out the diesel business of "hoarding and waiting for the official price increase before selling off".
Then early the next morning, he asked his men to hurry up and make various preparations.
From financing, mortgage, to finding logistics and warehousing, ensuring the purchase of goods.
If nothing else happens, he will receive accurate feedback on several important points in his plan today.
The longitude of Lanfang is similar to Hailan and Vietnam, so the time is one time zone later than China time. The work and rest time of both sides are basically the same.
At around nine o'clock in the morning, Chen Mingcheng received the first good news.
His confidant female assistant took a newly typed fax and reported the good news to him: "The boss, Manager Charles of HSBC Brunei Branch, has approved your mortgage financing application. He said he will complete the mortgage as soon as possible/
Pledge procedures and lending.
In accordance with your instructions, I gave him an additional personal benefit of 300,000 ringgit... and then he agreed to lend the money first and then handle the pledge after your ship returns."
In order to hoard oil and resell it, of course the more funds Chen Mingcheng needs, the better. But even though he claims to have assets of 15 million ringgit, most of them are fixed assets and cannot be quickly converted into cash flow.
For things like ships, if you go through the "mortgage" procedure, you can't get much money, and you have to get a big discount - because the "mortgage" that the bank handles for cars and ships doesn't withhold the physical object, it just mortgages it.
The ownership certificate is registered, but the boat remains in the hands of the owner and can continue to operate.
If it's a car, it doesn't matter, because it's difficult for a car to travel abroad, and the risk of it being lost along the way is relatively low.
As for ocean-going ships, they can go to any place in the world at a stretch of their legs. If they go to a country where the local laws are very complicated and the ship will be detained without returning it if something is wrong, the bank will have no place to cry.
Therefore, if business matters are concerned, Chen Mingcheng's two oil tankers with a unit price of three to four million ringgits can only get about one million ringgits through mortgage procedures.
Of course, Chen Mingcheng couldn't bear this kind of cheap pledge, so he chose another procedure - pledge.
The biggest difference between a ship pledge and a mortgage is that the ship must be detained at a port designated by the bank. Because the physical object is controlled by the bank, it is not afraid of you running away. The loan you can get through this procedure can be two or three times that of the one without ship arrest.
So much.
However, Chen Mingcheng's ship is still at sea, and it will take another week or so to return to Lanzhou. And he needs money very urgently, and he will never wait for a week.
Therefore, if things are official, it means that he either cannot get enough money, or he gets the money too late and misses the big deal.
Chen Mingcheng's choice is: Then it will be unofficial.
He personally gave 300,000 ringgit to Manager Charles of HSBC’s Brunei branch in exchange for the other party’s illegal operations and being more accommodating in all aspects.
Shell Oil was originally the number one customer of HSBC Brunei Branch. When Chen Mingcheng asked the other party for money, he was very eloquent and boasted that the money he borrowed this time was "just a short-term turnover. It is a once-in-a-lifetime opportunity to make a steady profit without losing money."
, it is absolutely impossible to make a good deal that puts HSBC at risk."
That eloquence is basically the same as the lines used by Chen Daozai (Liu Dehua) and Hua Liucheng (Ng Mengda) in "The God" when they borrowed loan sharks.
Such rhetoric, coupled with the role of the 300,000 ringgit, finally made Charles Li Ling faint and decided to take responsibility for an illegal operation for him.
"It's not a big deal anyway, it's just a time difference. When his ship comes back, he can complete the formalities, and then spend a small amount of money to win over his men and keep them shut, without anyone noticing..." This is probably what Charles thinks.
of.
…
After settling HSBC, Chen Mingcheng's second and biggest problem was the supply of goods.
Half an hour after receiving the good news from HSBC, he received a piece of less optimistic news.
After receiving the report from the front, the female secretary hurriedly informed: "Boss, Mr. Hu is not willing to give you so much goods at this time. He feels a little sensitive and is afraid of taking responsibility for insider trading."
Chen Mingcheng became angry as soon as he heard this.
He has even taken care of HSBC, how could he fail here?
This kind of leveraged business cannot stop once the flywheel starts spinning at either end.
"Why not sell it? We have also purchased more than 100,000 barrels of oil, right? Eastern Guangdong is a major economic province in China, and the petroleum branch of the same province is still difficult to dispatch the supply of goods?" When Chen Mingcheng asked the secretary, he felt
My temples are beating.
Female assistant: "From what Manager Cai said, Mr. Hu seems to think that we have not been friends with him for a long time, so he suddenly proposed such a big order... I am afraid that you were sent by a colleague to set a trap for him."
The manager Cai mentioned by the female assistant is the permanent liaison officer sent by Chen Mingcheng to Guangdong Province and is responsible for the public relations for China Petroleum.
After Chen Mingcheng thought about it for a while, he roughly understood the other party's concerns.
Within large state-owned enterprises, personal disputes are also very complicated. People in high positions will inevitably block the way of others. Of course, you must be careful of being tricked by competitors in your career.
After knowing the inside information that the oil price is about to rise sharply, and then being stuck in the one or two weeks before the price increase, shipping large quantities and hoarding, if this matter is leaked, it will definitely be a big deal for the responsible person and the specific person in charge of the state-owned enterprise.
's sin.
National laws have different requirements for ordinary private businessmen and for the management of state-owned enterprises. What ordinary businessmen can do, state-owned enterprise staff may not be able to do.
If Chen Mingcheng and the other party have been friends for a long time and are not afraid of leaking secrets, then it probably doesn't matter.
But Chen Mingcheng and the other party have only been friends for two or three weeks. Just after enjoying some benefits, everyone will be worried if they suddenly increase the scale of cooperation.
But Chen Mingcheng couldn't avoid the other party.
Because what he wants is not thousands or tens of thousands of barrels, but at least hundreds of thousands of barrels.
If you buy normally without trusting the relationship, you will definitely not be able to buy so many goods.
Chen Mingcheng thought about it again and again and asked: "Then there is no solution to this matter? How did Xiao Cai do it? Mr. Hu is worried, is there any way we can eliminate his worries?"
Female assistant: "According to Manager Cai, Mr. Hu wants you to go to Guangdong Province in person, interview with him, and finally make the transaction face to face. He wants to ensure that you will not abandon him midway."
"Going to China? Are you going to stay for a while?" Chen Mingcheng shrank slightly.
He doesn't know much about China's economic environment and business atmosphere. He's a little worried about staying here if he's not familiar with the place.
Although, he had been there twice last month - it was to make some contacts in the oil company, including Mr. Hu, through Gu Kun, so he had to go. However, Chen Mingcheng was a bit of a thief and felt that the atmosphere there was
He was not very friendly to the protection efforts of the capitalists, so he came back on his own, leaving behind a contact person.
After thinking about it again and again, the temptation of profit finally prevailed.
However, for a veteran like Chen Mingcheng, even if he decided to go to Guangdong to mediate in person, he would still have some backup options.
To this end, he urgently consulted many of his friends and partners, especially those who knew more about China's business environment, to do some risk assessments.
Finally, he combined the opinions of all parties and came up with a method that he thought was relatively safe: he would first fly to Guangdong, and then ask his men to prepare a fast ship, a merchant ship with complete procedures, and also go to Guangdong Port or
The SAR is on standby offshore.
If there is a business banquet, you can invite the guests to the boat to chat. If the news is not right, you can also get on the boat immediately.
If others don't know that he is on the ship, they can sneak away quietly and return to Lan Fang through the high seas.
If others knew he was on the ship, they could just stretch out and run to the coast of Xiangjiang. In 1994, Xiangjiang was still under the control of the Bretons, so everything should be safe.
Chen Mingcheng, who thought he was safe, asked his secretary to buy a flight ticket from Kuching to Guangdong on the same day, heading north to China!
…
Subsequent business negotiations went smoothly.
Two days after the Labor Day holiday, Chen Mingcheng took the lead in obtaining the funds handled by Manager Charles of HSBC Bank.
On May 5, he negotiated all the diesel purchase transactions and completed the official delivery on the 7th.
Diesel and gasoline worth more than 30 million ringgit, equivalent to about 90 million yuan, were only transferred to a certain terminal in Guangdong Port and the property rights were transferred. There was no transportation at all. Even the port area
None of the staff were aware of any transactions taking place here.
(In the previous transaction, I only bought diesel, because Lanfang only consumes a lot of diesel and can’t sell the gasoline because it transports too much. This time, because I didn’t plan to transport it away in the first place, I wanted to resell it on the spot, so it doesn’t matter—the seller told him
There’s not enough diesel, so if you want to buy gasoline, it’s up to you whether you want it or not.)
A barrel costs 180 yuan, and 90 million is a full 500,000 barrels. It occupies a large warehouse and can fill a large oil tanker with a capacity of 80,000 tons.
The name of the purchase document is still "for personal use on sea vessels". Although the amount is a bit larger, it can be explained without anyone checking it.
One Kitty Hawk aircraft carrier requires 14,000 tons of fuel (8,000 tons of marine diesel and 6,000 tons of aviation gasoline). Can't I buy it for six aircraft carriers?
After the purchase transaction was completed, another week passed.
May 15th.
China Petroleum Corporation, Guangdong Branch, officially announced an increase in fuel prices in the region - in fact, the document issued by the Corporation and branches in some other provinces stated that the price increase would come a few days earlier.
As for the eastern Guangdong side, it is already for price stability during the Canton Fair, so thanks to a few days - it is said that there are many long-distance car owners, so when passing through the eastern Guangdong province, highway services are used before leaving the province these days.
Fill up the tank with oil.
After the price was raised, Chen Mingcheng held back for a while, which lasted for more than a week. He waited for the cheap oil on the market to be exhausted, and then found the owner who had sold it to him and shipped the goods in the opposite direction.
The net profit is 40 cents per liter of oil, and the payment of 90 million yuan has directly increased to 120 million yuan, with a gross profit of 30 million yuan!
Excluding other financial costs and various expenses that cannot be detailed, he personally has at least 25 million left!
However, just when he was about to collect the money and leave, an accident happened.
"Boss, the account you use to operate transactions has been frozen!"
"If you can't contact Manager Cai, could it be that you are being controlled?"
Chen Mingcheng broke out in a cold sweat. He quickly called a number, but couldn't get in touch.
run!
Run first and then talk! Just wait and see what happens!
This is the only thought in Chen Mingcheng's mind.
"Call a car to take me to the SAR immediately! Let the boat wait for me offshore in the SAR Bay!"