My 1999

"Short song line. Singing to wine, how many years there are in life. It's like morning dew, the days are full of suffering. ... The sorrow comes from it and cannot be cut off."

Looking at Zhu Wen's famous seal and Bai Wen's free seal, Xu Liang nodded.

"Dan Ge Xing" is a classic poem by Cao Mengde during the Three Kingdoms period about "seeking virtuous people."

It is also in line with Xu Liang's current attitude towards talents.

Coupled with Mr. Qigong's unparalleled calligraphy skills, this horizontal axis calligraphy, which is nearly 2 meters long and 65 centimeters wide, not only deeply touches his heart, but is also the finest work of calligraphy art.

"Mr. Zhao is interested."

"Pink brings beauties, and swords are given to heroes. Mr. Xu is a master of calligraphy and painting, so it is most appropriate to give this exquisite calligraphy to Mr. Xu," Zhao Junchen complimented.

Xu Liang is only good at oil painting, but not proficient in traditional Chinese calligraphy and painting.

But he does like collecting paintings and calligraphy.

Zhao Junchen was able to give this thing as a waste of thought.

"Sister Li, take out my best tea and make it for Mr. Zhao."

"OK."

After asking Zhao Junchen to sit down.

"Mr. Zhao's visit to Brazil is not over yet?"

"Originally, I was planning to leave after the Brazilian oil exploration tender ended, but I stayed for a few more days after encountering Mr. Xu's presence."

"So Mr. Zhao came prepared?" Xu Liang said with a smile.

"Mr. Xu speaks quickly, so I won't hold back."

Xu Liang made a 'please' gesture.

“Unocal is a leading international large-scale oil development company, especially with deep experience in offshore oil development.

We, Huaxia Offshore Oil Company, are very willing to cooperate with your company. "

"Unocal has never refused to cooperate. However, how does CNOOC plan to cooperate? ... It won't be Brazil's offshore oil fields, right?"

“We are interested in Brazil’s offshore fields, but not now.

What I want to discuss with Mr. Xu is China’s offshore oil, such as the Bohai Sea and South China Sea. "

Currently, China has little experience in deep-sea oil exploration and development, and equipment is also in short supply.

Cooperating with a large and experienced company like Unocal seems to be the most reasonable choice at present.

China National Petroleum Corporation and Husky, a subsidiary of Li Jiacheng, are cooperating to develop oil and gas business in the South China Sea.

Although Husky has rich experience in offshore oil exploration, it is still far behind Unocal.

"Unocal has always been interested in China's oil market, but I don't know how Mr. Zhao plans to cooperate?"

“We have taken out three blocks in the Bohai area, and your company is responsible for exploration.

If oil or natural gas is found, our company will occupy 51% of the oil field and all the oil produced will be sold to China. "

Xu Liang nodded.

“If it is a large oil field with an annual output of 10 million barrels, there is no problem with such a product sharing contract.

But if the oil field is less than 10 million barrels, and we hand over 51% of the equity, it will be difficult for us to make a profit due to the high cost of offshore oil development. "

"Mr. Xu, please rest assured that we will take your company's revenue into consideration when we cooperate.

For more specific terms, we can further negotiate during specific cooperation below. "

"That's no problem." Xu Liang nodded.

"Boss, the tea is ready."

Li Jinling came over with a teapot and said.

"Dahongpao, the mother tree of Wuyi Mountain, I usually don't want to drink it myself, but today I'm bringing it out to entertain you, this distinguished guest."

"I feel ashamed to accept Mr. Xu's kindness."

The orange-red tea soup rolled down the tea cup, and a rich tea aroma quickly spread.

"please."

"please."

After the two of them picked up their teacups and signaled to each other, they each took a sip.

"It is indeed a good tea, soft in the mouth, bitter yet sweet, and its reputation as the 'King of Black Tea' is well-deserved."

"It seems that Mr. Zhao also likes tea."

"I'm from Fujian Province, and my favorite thing is the tea ceremony."

"Three glasses of wine for the world of mortals, and a pot of tea for great achievements. Mr. Zhao is now in charge of Huahai Oil, which shows that this is true."

"Haha, Mr. Xu deserves the award. In terms of career, ten HNOOCs are not as good as one Hongmeng owned by Mr. Xu."

After some courtesy.

Zhao Junchen smiled and continued: "I heard that Unocal is preparing to participate in the bidding for Brazilian oil pipelines?"

"It does happen. However, there are many oil companies and financial institutions participating this time, and Unocal's strength is limited. It is still unknown whether it can actually participate in the final."

"With Mr. Xu's support, Unocal will definitely be fine."

"Excellent."

Zhao Junchen saw that he didn't reveal anything, so he simply stopped hiding it.

"Mr. Xu, CNOOC is also very interested in the Brazilian oil pipeline. If you don't mind, we can jointly bid for the share of the Brazilian oil pipeline."

Xu Liang secretly said, "Sure enough."

What can make Zhao Junchen, the big boss of China National Offshore Oil Corporation, think deeply about it, and not hesitate to offer some benefits to cooperate with him, except for the three ultra-deep sea exploration blocks in the hands of Unocal, which are still on paper and have good future prospects. Brazilian oil pipeline.

Ultra-deep sea exploration blocks are the weakest among the dozen or so blocks in Brazil's oil exploration, and the probability of finding oil is too low.

Instead of spending money in Brazil, it is better to go to the Bohai Sea.

Excluding this, all that remains is the Brazilian Petroleum Pipeline.

"How much equity does CNOOC hope to get?"

Zhao Junchen heard his tone loosened and said quickly.

"10% is fine."

Xu Liang nodded slightly and thought for a moment.

"Unocal and CNOOC are partners. If you want to participate in the bid for the Brazilian oil pipeline, Unocal is happy to provide certain assistance."

"So Mr. Xu agreed?"

Xu Liang nodded.

The stakes in the Brazilian oil pipeline are high and there are many competitors.

Unocal can't win much equity alone. With CNOOC as an ally, it can have greater influence.

"Great. I'll toast Mr. Xu with tea instead of wine." Zhao Junchen said slightly excitedly.

Xu Liang picked up the tea cup, the two of them touched it and drank it each.

"Mr. Zhao, I have a little help here, I hope you can help me."

"Speaking."

"Hongyan is planning to join forces with Unocal to build gas stations in China, and we hope Huahai Oil can provide us with refined oil."

When China joined the WTO in 2001, it promised to liberalize retail within three years and distribution within five years.

However, although it was let go, it was not all let go.

If the number of foreign-funded gas stations in China exceeds 30, they must be controlled by the Chinese party.

Now Unocal has more than 2 billion barrels of oil and gas resources in its hands, so it needs to continuously expand Unocal's upstream and downstream industry chains to earn more profits.

Natural gas can be used to generate electricity and supply gas.

Petroleum is naturally chemicals and retail.

Now Unocal is gradually expanding its power plants and transmission and distribution network in Southeast Asia.

Oil refining facilities were sold out in the last century.

Currently, Unocal only has a pure mining business and only occupies the upper reaches of the entire industrial chain, which obviously cannot meet Xu Liang's requirements.

What's more important is that a network of gas stations is being built now. When the era of electric vehicles comes in the future, it can be quickly adopted, which shows that it has a huge charging network.

Forming an industrial closed loop with BYD’s business.

Kill two birds with one stone.

Zhao Junchen nodded after thinking for a moment.

At present, Huaxia Gas Station, Hua Petrochemical and Hua Petroleum are the bosses.

Although CNOOC is also actively developing, it is still far behind the two giants.

He is very happy for Xu Liang, a giant business whale, to come in and impact the market.

It saves those two big guys from always attacking the Huahai Oil family.

"Mr. Xu, rest assured that as long as Huahai Oil's production capacity is sufficient, it will fully support the expansion of Unocal gas stations." "I feel relieved with Mr. Zhao's words."

Pick up the teacup.

"I wish our cooperation all the best."

"Everything went well."

The two of them looked at each other and drank.

After chatting for a while, Xu Liang personally saw the other party off.

"Look for gas stations first, and when the subprime mortgage crisis hits, see if we can acquire several large refining and chemical institutions." Xu Liang said.

——

Time passed little by little.

In the blink of an eye, Xu Liang has stayed in Brazil for more than a month.

Unocal's exploration in deep sea is still far away, and giant projects like the Brazilian Petroleum Pipeline cannot be finalized in the short term.

After handing over the work here to Andrew, Xu Liang flew back to China.

The Chinese New Year is coming soon, and my mother has called him several times.

It’s impossible not to go back.

…

The Xu Family Courtyard in Beijing.

"You are really getting wilder. If I don't call you, you won't be ready to come back, right?"

Wang Lingxiang pinched her waist with one hand and scolded her eldest son.

"Mom, aren't I busy with work..."

"Be busy, be busy, be busy all day long. Do you still have this family in your eyes?"

"Yes, yes, there must be. Don't worry, I will definitely come back early in the future."

Xu Liang quickly made a soft promise.

In fact, he also understood why my mother was angry.

Seeing that Jiang Xiaoyang's belly was getting bigger, she would give birth in two months. My husband is floating outside.

She scolded herself to vent her anger on Jiang Xiaoyang and make her daughter-in-law feel better.

Looking at Boss Xu who was being trained like a third grandson by his mother-in-law, Jiang Xiaoyang, who had a big belly next to him, felt quite amused.

If those powerful people saw this scene, their jaws would probably drop.

After eating the melon, Jiang Xiaoyang stood up with the help of the nanny next to him.

With her intelligence, she certainly understands what her mother-in-law is thinking.

"Mom, please don't talk about him. Xu Liang is also out there for work."

Wang Lingxiang breathed a sigh of relief and quickly borrowed the donkey from Poxia.

"Listen, listen. How many good things did our old Xu family ancestors do for a brat like you to find such a good wife? You still don't know how to cherish her!"

"Yes, yes, don't worry, I will definitely cherish it in the future."

"That's pretty much it."

Wang Lingxiang turned her head with a smile on her face.

"Xiaoyang, I have already taught him a lesson for you. If this bastard disobeys you again, call me and I will teach him a lesson for you."

"Thank you, Mom."

"Haha, what are you thankful for as a family...Okay, let's talk. I'll go to the kitchen and take a look."

After saying that, he turned around and left the room.

When my mother was far away, Xu Liang breathed a sigh of relief.

"Okay, you can make your mother-in-law obey her so quickly."

"This is because she feels sorry for me. ...Follow me."

"Where to go."

"study."

…

"This is Hanhua's financial report for this year."

Jiang Xiaoyang handed over a thick stack of documents.

Xu Liang took it and turned it over briefly.

"Haha, among the financial institutions around the world, I'm afraid not many can catch up with us in terms of total revenue or profit."

Jiang Xiaoyang also smiled.

This year, the total revenue of Hanhua's departments exceeded 148.9 billion US dollars.

After deducting capital gains tax and various expenses such as investors' share.

The money that fell into Hanhua's hands was also 45.67 billion US dollars.

"If you make a lot this year, you may not make the same amount next year."

Xu Liang smiled and said, "No, you are wrong. This year will only make more than last year."

"Do you think the subprime crisis will break out this year?"

"All the data prove that the US subprime debt can no longer be played. It will definitely burst this year. It is not clear when it will burst.

But it won't be too long.

By the way, how many CDs does Hanhua hold now?"

"It's already 78.9 billion US dollars."

Xu Liang nodded slightly.

Hanhua invested in CDs much later than Hongyan, so the amount held was naturally less.

"Hold it well, the time for harvest is very close."

Jiang Xiaoyang responded.

"I heard that you distributed most of the CDS bonds held by Hongyan to companies such as Taihua, Unocal, and Vivendi?"

"Their debts are too high. This time we have a chance to reduce them a little. And we can pay less tax."

Hongyan has been planning for nearly two years, and its various types of CDS bonds, including corporate loans, real estate loans, student loans, and car loans, have accumulated nearly $140 billion.

In other words, ideally, once these loans and bonds default, Hongyan will get a huge income of $140 billion.

Of course, this is an ideal situation.

If you want those insurance companies to willingly pay out the money, you must first take care of the management.

They want so much money, why should they give it to you first?

Bank loans have to peel off a layer to give to middlemen, let alone insurance companies.

It would be a victory if 80% of the $140 billion could be obtained in the end.

There are also taxes later.

If all this money is kept in Hongyan's account, it will take a lot of cost and energy to plan finances and pay less or no capital gains tax.

It would be different if it was placed in companies such as Unocal, Kanghua, and Seibu.

As the leader of European and American countries, the United States' CDO bonds are not only flooded in the United States, but also spread across the balance sheets of most Western financial companies.

Therefore, Hongyan also bought a lot of CDS mainly based on US CDO bonds from these Australian insurance companies.

If these bonds default, then the Australian insurance companies will lose money.

At that time, Unocal, which holds these bonds and is registered in Australia, will not have to pay capital gains tax, but will use all of it to reduce debt.

The same principle applies to Dongying-Seibu Group.

Taihua-Singapore.

Kanghua-Hong Kong.

Hynix-South Korea.

Vivendi-France.

And so on.

"How much do they owe now?" Jiang Xiaoyang asked.

"Almost $150 billion."

"So much?"

"Vivendi alone has a debt of nearly $40 billion, Taihua has a debt of $33 billion, Seibu Group has a debt of $27 billion, and Unocal has a debt of nearly $20 billion.

These alone are close to $150 billion. If Kanghua and Hynix are included, it is almost $170 billion."