Wang Bo looked at Li Zhongxin with his head tilted. Seeing Li Zhongxin's expression full of details, he couldn't help but feel funny.

When he reported to Li Zhongxin about this matter before, Li Zhongxin did not ask too much about it. He just said that he is busy studying now and then he will talk about the specific matters when he returns to Jiangcheng. At this time, he suddenly asked him with such interest. He felt a little strange, but! Wang Bo still said it to Li Zhongxin happily.

"Oh, you're asking about the Samsung Group! This is very funny.

You won't say it before. Among the joint companies we established are high-tech companies from the United States, Japan, France, Russia, Finland and other countries that participate in stakes. When speculating, should large companies from those countries be temporarily blocked?

So I thought about it, among our Chinese companies that import rare earths, that is, Samsung in South Korea, is the largest.

I also have no favors for those sticks. When we were purchasing rare earth minerals, we discovered an interesting thing, that is, the rare earths purchased by South Korea's Samsung Group all belong to a single variety, and the yield of that single variety is not high. Only a few places such rare earth mines are available in Xinze Mining.

It is precisely for this reason that the rare earth mine that first raised the price was the rare earth mine, and then the rare earth mine in other places increased the price. I think this method is the best, which will cause the South Korean Samsung Group to suffer first.

When we bought that rare earth mine for ten times the price, we directly purchased more than half of the rare earth mines at that time. Moreover, Samsung Group didn’t want this rare earth, so we bought them all.

Not long after, the people from Samsung Group became timid and spent the money to buy the remaining ones.

I have heard that people from Samsung Group found companies from various countries and were caught by people from those countries. They had to pinch their noses and recognize the price.

After they pinched their noses and accepted the price, the subsequent things were much easier. We directly talked about these rare earth companies in China. The rare earth purchase price in South Korea increased tenfold for the acquisition.

In other places, the prices will also be greatly increased. In addition, our joint company has conducted a large number of purchases of ten times the price premium, and the price of rare earths is positioned at a price of about 28 yuan per kilogram, even those rare earths with a very large quantity of single varieties.

At this time, the large international rare earth acquisition companies were angry, and the signs were pointed at Samsung Group, thinking that the rise in rare earth prices this time was caused by Samsung Group doing stupid things.

To put it bluntly, it is quite simple. We learned from someone from Xinze Mining that several high-tech products of Samsung Group in South Korea use this rare earth. Their rare earth gap has been very large in recent times, and they had to sign the next year's procurement contract a long time ago.

I suddenly saw the opportunity. I think that at this time, they will accept it if they raise the price of a portion of the price at this time.

We are not short of money, we should be able to use those rare earths in the future. I remember that there are several kinds of things that require such rare earths at our Zhongxin Research Base.

We will buy more at this time, and then transport it back to Jiangcheng and throw it to the people at Zhongxin Research Base. At that time, we can use the rare earth mines at will, so we can save a small amount of purchases.

In terms of this price! I originally planned to rise to 40 yuan per kilogram, but after all, it had risen ten times before, and it had risen a lot. I was also afraid that the rise would be too high. Samsung Group could not stand such a high price, so it ran away directly.

However, at that time, I actually heard that some foreign companies began to reduce acquisitions through some channels and began to lower prices. This situation occurred during this period, and many rare earth companies and those who were privately harvested were anxious.

The prices of some rare earths began to decline, so I thought, our joint company would do a good job, not be cruel or eat noodles, and raise the price at once, whether they would like to ask for it.

As long as the price of this rare earth increases, companies in other places will naturally begin to sell the rare earth ore they have.

In addition, the Chinese New Year is coming soon, and the output of all rare earth ores will decrease a lot, and the prices will naturally rise sharply.

At the national level! The leaders above are also on the same mind as our Zhongxin Company and directly announced the rare earth environmental protection matter we proposed. In other words, the production of rare earths will suddenly drop a lot this year, which will reduce to some companies' crazy.

Especially for Xinze Mining, the annual output is only more than 10,000 tons. With the national order, the output will suddenly be reduced by half. In addition, our joint company directly acquired a quarter of the volume, which is only one-quarter of the volume that was previously annual.

The price we acquired was directly raised to 56 yuan per kilogram, and it directly doubled the price. If Samsung Group does not sign the contract immediately, we will eat all the rare earths, so that Samsung Group will not be able to buy the rare earths they use from China.

When these things were connected, Samsung Group was panicked. In just a few days, Samsung Group started signing the contract at a price of 56 yuan per kilogram.

Once this contract was signed, the rare earth company that had previously reduced the price was restored to more than 28 yuan per kilogram, and the price was still steadily rising." Wang Bo happily told Li Zhongxin about the reasons behind this price increase. Wang Bo was really happy about his doing such a coquettish thing.

In this matter, both the land and resources side and the upper-level leaders were impressed by Wang Bo, and some leaders even began to ask Wang Bo for advice.
Chapter completed!