The only topic on the board meeting today is the signing of a 20-year long-term LNG purchase agreement with the US natural gas company Venture-Global-LNG.
"The fixed price of US$300/thousand cubic meters is a premium of +170%. This is obviously a forced purchase and sale. In principle, I don't agree with it," said Zhu Hong, the director attending the meeting. He was nominated by Lu Ming to the board of directors, but
Because there is a concerted action agreement, it is consistent with Lu Ming's vote.
"Indeed, this business is a huge loss." Yu Tingnan said concisely and comprehensively.
Most of the directors present at the meeting disapproved of the agreement, because it was a business that was about making money at a loss, and the money was lost but not enough to make money. Once it was disclosed, it would definitely be the same as the last 72 billion U.S. debt agreement, which would attract a lot of doubts.
and criticism.
There is no obstacle for Lu Ming to pass a decision on the board of directors. As long as he is determined to make the decision, the decision will actually be passed. The top-level design of the company's "three meetings and one layer" means that he has absolute control.
Everyone did not understand, and Lu Ming did not blame them for their objections or reservations. No one present would have expected that the price of natural gas in Europe would soar to US$3,000/thousand cubic meters in three years, with prices soaring tenfold at one time.
Once energy prices soar to a certain level, it will be difficult to come down. Even if they are cut in half, they will still be US$1,500/thousand cubic meters, and even if they are cut in half, they will still be US$750/thousand cubic meters.
"Based on this, this deal will definitely be a loss." Lu Ming, who was sitting at the head of the meeting, laughed and said, "That may not be the case in the future."
future?
Everyone was curious and suspicious.
Xue Zhongming, who was present at the meeting, couldn't help but said: "Chairman, do you mean that natural gas prices will strengthen in the future?"
Lu Ming nodded directly.
The future is not just about strengthening, but we cannot directly say at the meeting that natural gas prices will soar to US$3,000/thousand cubic meters in three years, but we have to give a reason.
"Judging from the global geopolitical game, the monetary order of the U.S. dollar, and the overall pattern in the context of globalization, the U.S. dollar interest rate cut window has been opened last month. There will always be a time to raise interest rates in the future, and we will make strategies when interest rates are raised.
The day lily is cold, and the moment the U.S. dollar interest rate cut window opens, it tells you that it is best to start now to prepare a response strategy for the future layout of the U.S. dollar interest rate hike."
Lu Ming looked around the crowd and said in an orderly manner: "The U.S. dollar's interest rate hikes drive the U.S. dollar to harvest global wealth, which often requires turbulence, war, and plague in the world. Without the United States, it would be created, thereby driving the emergence of capital risk aversion, thereby allowing
The U.S. dollar has returned to North America as a safe haven, and energy is a good place to start."
The major directors present at the meeting agreed with this point, and this is what Chou Country did.
As a result, it will definitely involve the game of global geopolitics.
Lu Ming continued: "This is also a question of globalization. What is the current globalization? In my opinion, it is the formation of a three-level food chain position pattern that constructs today's globalization."
"Western developed countries with the United States as their watchband have three major advantages in technology, rules and finance that allow them to be at the top of the food chain; and for a manufacturing country like ours, the subcontinent can barely count, we are
The country relies on its three advantages of production, manufacturing, labor and market to stay in the middle of the food chain, but what about the bottom of the food chain?"
At this point, Lu Ming paused and then continued in an orderly manner: "The lowest level is those resource-based countries. They have the ability to provide energy, raw materials, food exports, etc. to the world. Russia, Africa, and Latin America are all at this level."
Valley tribe
Everyone was thoughtful when they heard it. It seems that there is nothing wrong with dividing the world today and understanding globalization from this perspective. It is a new perspective.
Lu Ming looked at the crowd and said slowly: "Looking at globalization again, from an economic point of view, the wealth of the West is largely due to their control of cake distribution rights, that is, international pricing rights. For example, they can clearly control intellectual property rights.
The prices for technology patents are set extremely high because they have the final say on the pricing.”
"At the same time, they can also lower the price of products in the manufacturing country. When we exchanged 800 million shirts for one price for an airplane, they might not give it to you, so the key is to see who asks for it. Some people can produce shirts, but those who can build airplanes can't.
I belong to a family, so I set the price, and of course I will set the price to benefit me and not to your advantage."
"Precisely because the West has pricing power, it can price the areas it specializes in at extremely high prices, and price your manufacturing and labor costs at extremely low prices, causing serious involution in your country because you have to bid."
Everyone couldn't help but nodded. It was indeed true. In order to grab orders, some domestic export-oriented companies tried their best to lower prices to defeat their competitors.
Whoever offers the lowest price can sell the product to overseas markets, so everyone is forced to join forces.
In the end, it is the workers at the bottom who pay the bill. How many points of profit can the company still make by desperately lowering the price? Can it still afford high wages to the workers?
It's the same as washing dishes. If you wash dishes for an hour in the United States, the salary is several times higher than if you wash the dishes for an hour in China. Ordinary people in the United States buy a shirt and wear it once and just throw it away without washing it. Why?
?Too cheap!
Ordinary people in China buy a shirt and wear it once and then throw it away? Is there such a condition?
Lu Ming continued: "There is a transmission mechanism process here. If the manufacturing countries are desperately lowering prices, resource-based countries will also be greatly squeezed. Although some of the raw materials of these resource-based countries are also supplied to Western developed countries.
, but most of them are still supplied to producing countries, which are big manufacturing countries like us."
"The import volume of crude oil, iron ore, copper ore, nickel ore and other raw materials in Greater China is very huge. Our country is known as the world's manufacturing factory and is responsible for production to almost the whole world. If there is a serious domestic crisis, of course it will be impossible to export
It raises too high prices for raw materials and energy, thereby lowering prices in countries that supply raw materials."
"Why are the United States and other Western developed countries so rich? The knife to cut the cake is in his hand. He can cut off most of it by himself and leave the rest to you. This is a huge power. The knife
In my hands, I can cut it whatever is beneficial to me."
"When you take away the vast majority of profits, you can create a positive cycle. You can hire better talents, provide better education and recruit talents from all over the world. You can make high-precision things better and price them higher.
You are more miserable, your prices are lower, and your prices are slimmer."
Obviously, the high level of material living conditions in the West is due to their ability to cut the cake in a very good and advantageous way. However, the reason why other countries are poor is that they have not received their due share.
is the essence of the problem.
After a while, Gao Hua couldn't help but said: "It's true. In today's globalized distribution system, it can be said that as the then president of the earth, Laos and the United States have enough to eat and drink every day, while Europe, Japan and South Korea are the little followers.
Being able to eat meat and ribs, and having some broth in countries like ours makes life much better than before, and makes me very happy and satisfied. As for countries and regions like Russia, Africa, and Latin America, they can only eat leftovers.
Leftovers.”
Everyone couldn't help laughing when they heard it. Lu Ming smiled and said immediately: "What Lao Gao said is so down-to-earth, that's what it sounds like. And the most intolerable thing among them is the polar bear. I haven't been the big brother for many years, and now the GDP of the furry bear is
It’s on par with our southern Guangdong province, so there’s a big gap in my mind. I used to be the leader and the top carnivore, but what has become of me now? It’s been pushed to the bottom of the food chain.”
The current directors are not ordinary people. At this time, everyone gradually became clearer about Lu Ming's idea of making this natural gas deal, and they were able to connect with each other.
Mao Xiong is a major energy exporter. Europe relies on it to supply natural gas. Now Mao Xiong is being suppressed so miserably, how can he bear it?
As long as you can't bear it, you may overturn the table. If you are miserable, you are a real top carnivore. When the thunder rages, the whole world will tremble. Once this happens, there is no doubt that the global energy market will fluctuate violently.
.
If this is the case, it would be another story for Tiansheng Capital to sign this 20-year-long, fixed-price LNG purchase agreement for 70 million tons.
