"It's a meeting. Hey, why are there people sleeping in the meeting room?"

As soon as the manager Huang Changrong of the Zhanjiang branch of Qingyun Transport Gang in Guangdong Province received the notice from the provincial branch, he called all the heads of his transport teams to prepare for a meeting.

Unexpectedly, as soon as I entered the meeting room, I saw a few camp beds in the corner, and a few big men were sleeping soundly.

He frowned and was about to ask someone to wake up the group of people when he heard a captain of the transport team below say apologetically: "Boss Huang, these are drivers who work the night shift. They just got off work and are taking a break here.

There will also be short-distance transportation tasks within the city in the afternoon.”

"You have to go home and sleep, what's the point of being here?"

Huang Changrong stopped his men from waking them up and said, "Chen Zhen, please arrange another office area for us."

Assistant manager Chen Zhen agreed with a bitter face, but the transportation company's headquarters was next to an empty parking lot, and the only two-story building had very little space.

In the end, they had no choice but to ask someone to vacate the maintenance workshop on the first floor as a temporary meeting venue.

No one mind the strong smell of engine oil, as they are used to it in the transportation business. Huang Changrong pulled out a chair and sat down, without bothering to be polite, he immediately conveyed the instructions from above.

"I called you all here today because we received a notice from above that starting from the 20th of this month, we will transport materials to eight locations in Jiangsu, Zhejiang, Shandong and other parts of the province every day.

This month, we must ensure that there are no less than 300 train trips per day, and for the entire month of August, we must ensure that there are no less than 700 train trips per day.

The requirements for vehicle types for this transportation are also very strict. In principle, vehicles with a load capacity of less than 20 tons will not be considered. The whole process adopts a shift mode, and people do not stop but park..."

As soon as he finished speaking, the people below exclaimed in surprise.

"Boss Huang, you are kidding, right? The entire branch can't find so many cars right now, right?"

"There are 300 trains a day, and after 700 days, there should be no less than 20 trains. If each train carries no less than 1 tons, that means more than tons a day. How much stuff will they have to transport?"

Even the assistant manager Chen Zhen couldn't help but ask, "Boss Huang, did the provincial company make a mistake?
In our small place, there is no such huge demand for transportation, and there are not enough people and vehicles. "

"That's right, that's what the provincial manager said. To tell you the truth, the entire South China and East China regions have been mobilized this time.

The strict timetable is given above. Within two days, large trucks from Guangzhou, Shenzhen, Dongguan and Foshan will come to support, and then vehicles from Fujian, Zhejiang, Jiangxi, Hunan, and Hainan passing through the local area will arrive one after another.

The provincial company president will personally lead a team to arrange the specific transportation routes tomorrow. Everyone should focus on making preparations in advance, especially Chen Zhen, you should quickly find a mobile house and a parking lot.

First, build collective dormitory buildings according to the standard of 500 people, and then temporarily rent two large open-air parking lots. Also, remember to contact the agricultural company and Chimei and let them take care of the food problem.

And arrange the 600-kilometer one-way route provided by the provincial company, connect with the personnel at the next stop, and return the vehicle for work.

The leaders of each transport team must do a good job of ideological work for their subordinates. This task is very arduous. The company will provide a unified subsidy for vehicles that travel 50-150 kilometers without loading..."

After everyone expressed their opinions, he continued, “Also, say hello to the big truck drivers, especially those over 35 years old. The company is focusing on recruiting vehicles and individuals to run from the Western Regions to Shaanxi and Gansu.

The working system is still 8-12 hours a day. There are additional subsidies for those who bring a car. If they don't bring a car, the company will arrange a car for them. It must be made clear to them that this is a long-term and stable job.

Except for special freezing and bad weather, there are transportation tasks every day every year. Those who are willing to participate will receive normal salary and commission every month.

An additional subsidy ranging from 800 to 2000 yuan will be given, and the corresponding single transportation commission will also increase by 10 to 30%.

If necessary, the company also provides additional support including children's schooling, spouse's employment, and family accommodation."

"Are you asking everyone to move to the Northwest and settle there?"

"The salary is good. There is an extra subsidy every month. There are transportation orders every day, and the commission has also increased. If you calculate it, I may easily make tens of thousands of yuan every month."

"Come on, the environment in the Northwest is so bad that you'll have to eat sand every day. No wonder they offer such high salaries."

Huang Changrong didn't care about the discussions among the people below. He told Chen Zhen some precautions before ending the meeting.

He was also rushing to the customs to discuss specific transportation matters with the staff. There was also a big boss sent by the head office who was in charge...

“I really don’t know what your company was thinking. There are so many ports in Guangdong Province, but you chose this one.

It doesn't matter what you choose, but you don't want to go through the civilian commercial terminal, but insist on taking the dedicated line. Even if you have a special relationship, you can't make things difficult for others like this, right?

At this loading and unloading speed, it will definitely take more than two months to complete.”

A customs official was having a headache when looking at the report. When he looked at the special department personnel following behind him, he had an even bigger headache.

If it were any other company, he would want to curse.

More than one million tons of declared cargo is not a lot. Compared with the port's monthly throughput of six to seven million tons, it accounts for less than 15%.

The problem is that it is a civilian wharf with a complete range of loading and unloading equipment. Not to mention a 10-ton cargo ship, even if the displacement is twice as large, there would be space to accommodate more than a dozen ships, and they can dock at the same time.

It will take less than two weeks to complete the loading and unloading.

However, the batch of goods that Qingyun Group applied for customs declaration went through a special line of the Governor's Office. How high is the level of confidentiality?

A whole group of people surrounded the several docking locations, and no external transportation was allowed during the day. The only operations were at night. I wonder what treasures were hidden in the containers?

Facing the boss's complaints, Zeng Haiyang smiled and said, "Thank you for your concern. This batch of goods is really sensitive. Otherwise, the Governor's Office would not have to send people to protect it."

How can we not be sensitive? With such a large quantity of cotton entering the country, once it is publicly declared, it will definitely reach the ears of competitors at the first time. How can we continue our game then?

If it is just cotton import, it is not necessary for the Governor's Office to send a group of people to protect it. No matter how powerful the Qingyun Group is, it is not qualified to let others do this.

However, these 120 cargo ships loaded with cotton also carried other products, such as 7 tons of gold and tons of silver in the first batch of shipments back to the country.

As well as nearly 15 tons of copper ingots, a certain amount of palm oil and other precious metals, except cotton, all other products must be handed over to the central bank, the State Administration of Reserves, the China Development Bank and the Agricultural Development Bank of China.

The transfer involved such a large quantity and huge amount of money, which was taken very seriously by the higher authorities. In addition, with the special application from the Development and Reform Commission and the State Administration of Reserves, we were able to receive such high-standard treatment for this secret entry into the country.

The Five Military Commandery, WJ Gold Security, and the Six Gates Security Department worked together to strictly block the news.

Faced with the joint office of several powerful departments, the Customs had no choice but to send a deputy director to join the joint command center to be responsible for coordinating work and simplifying various processes.

Qingyun Group also sent Zeng Haiyang to directly connect with the working group.

The same thing happened in Lianyungang, Jiangsu Province, where Hu Zhiyuan of Hummingbird Group was in charge...

“…After all the goods have been inspected and found to be ok, the Governor’s Office will send people to the designated location for handover. The required vehicles and container carriages will be provided by Qingyun Group.

Special goods are escorted directly to special warehouses by gold security personnel. After counting and verification, the Hong Kong Monetary Authority is responsible for checking and storing them..."

Yi Mai Sui, who was sent by the Governor's Office to command the execution of the mission, announced the mission expressionlessly and left. The two Ermao Si who were in charge of the execution immediately ordered their men to start the action.

The huge closed wharf suddenly became busy, and the temporarily deployed loading and unloading machinery began to roar.
Looking at the bustling scene in front of him, Zeng Haiyang seemed to have returned to the place where he had once struggled, and was a little dazed for a moment.

……

"We accept damaged, unwanted quilts and torn clothes. As long as they are made of cotton, they can all be exchanged for stainless steel washbasins~"

At the entrance of the Pinxixi experience store, tweeters were blaring.

When going to the countryside to sell home appliances and daily necessities, they would also use loudspeakers to shout out their wares along the way.

This scene is happening almost simultaneously in towns and villages across the country. Qingyun Group is mobilizing all its resources to invest in this acquisition war for cotton and cotton products.

Although the purchased second-hand cotton and recycled cotton products cannot be used in the production of daily necessities such as clothing, face towels, quilts and other products.

However, it is still possible to produce greenhouse vegetables, agricultural products for warmth, and some marginal textile products, and the market demand for these products is huge. Qingyun Agricultural Service Company alone has contributed tens of thousands of tons of sales orders to related textile companies, and as the company's land area contracted to the north of the Qinling Mountains and the Huaihe River has increased.

The greater the quantity of product required.

……

"The scrap cotton purchased from Africa and South America through different channels has begun to be shipped. This batch is smaller than the first and second batches, with only more than 50 tons.

They will be transported to the country by early September via existing transportation routes...

The Development and Reform Commission has negotiated with the China Securities Regulatory Commission and can intervene directly if necessary to designate the group warehouse as the delivery location for the products~"

At the Qingyun headquarters in Shanghai, Wang Fei was summarizing all the data and reporting it to his boss.

Lin Wenhui was also there, and after thinking for a while, he said, "Chairman, now all the preparations have been basically completed, and the cotton price has been suppressed from 1.95 to around 1.8.

According to news from the State Administration of Reserves and the China Securities Regulatory Commission, those people have begun to gradually build up long positions, and it seems that a rise is imminent.

Should we reduce the size of some short orders as appropriate to reduce paper losses?"

"No, not only will we not reduce our positions, we will increase them."

Li Zehua directly refused, “But the margin must be increased to 25-30% to avoid liquidation during the price surge.

In addition, the investment team is arranged to closely monitor various data at all times. Once the opponent starts to pull up, the position should be appropriately increased during the rise, giving the outside world the illusion that the group is holding on to the position to the end. "

"Ah? Wouldn't this cause even greater losses?"

Lin Wenhui felt the pain. “Even if I have long options to hedge the risk, I will not be able to explain to investors the loss of billions of RMB.”

He was talking about Qingyun Industrial Investment's share, which included money invested by a number of senior executives and cooperative partners, many of whom were unaware of the inside information.

If the company then starts to hold on to its positions and insists on short selling regardless of losses, it will definitely attract criticism.

Li Zehua smiled and said, "What are you afraid of? It's just criticism. You can't do big things without getting scolded."

"You're right."

Lin Wenhui flatters on the surface but complains in his heart. It's not you who is being scolded, so of course you don't need to be anxious.

He also asked whether the investment plan in the overseas Chicago futures market was being implemented as planned.

“If you want to do short positions, look at the timeline of August and September. September is right before the harvest, and the major cotton-producing areas in the northern hemisphere have begun to harvest.

The production capacity controlled by the group is bound to be exposed by the end of September, because the planting areas in the Western Regions and Central Asia lack the necessary automated harvesting machines.

Harvesting has to rely on traditional manual labor, and hundreds of thousands of people have poured into the planting areas. Even the dumbest person should be able to see clearly the bargaining chips held by the group.

Therefore, the best time for us to launch the campaign is mid-September. We can also take advantage of the high cotton price at that time to attract Australia, Samba, and many African countries to expand their planting areas.

Based on this logic, regardless of profit or loss, the short position must be held until the end of August, which confuses everyone, but the losses in this process are not worth it.

I just can't believe that the four major grain traders and so many top investment banks would not be tempted by the profit of more than one billion US dollars. Moreover, the impact caused by our taking the order is far more than just this.

Including textile companies, cotton farmers, and individual investors, the total amount of risk hedging positions is at least several billion US dollars.

In order to swallow all the money in one go, they will definitely frequently leak information to the market in early September to overturn the correctness of today's so-called short selling judgment.

At that time, we only need to wait quietly for a major trend to be fully formed, and then we can mortgage all the long options and build long positions at the same time after getting the money.

Then arrange for the National Reserves Bureau and the Development and Reform Commission to jointly release the news to the outside world, telling the world that the country's strategic cotton reserves are not the 150 to 200 million tons estimated by the world.

Moreover, there are only a pitiful 30 tons, which can only meet the domestic market's production needs for half a month. This is equivalent to a decisive blow. At that time, investors all over the world will rush into the trading market to go long.

I’m afraid that within a week, the price will go sky high, and even if we only use 5x leverage on short orders, we will be forced to liquidate.”

At this point, Li Zehua laughed and said, “The market is extremely short of cotton, cotton production is lower than expected, and Dongda, which supplies 60% of the world’s textile industry, only has enough inventory for half a month’s production.

Coupled with the fact that the largest short position holder in the market was forced to liquidate, these factors combined together make it difficult even for a god to save the situation.

Maybe three days, maybe five days, in any case, only God knows how high the price will rise before the delivery date.

At this time, all our long options can be redeemed, and all the profits can be transferred to the November orders. When the market sentiment reaches its peak, we will go short with full positions and take all the orders.

Then we took the initiative to expose our inventory to Goldman Sachs and the four major grain traders, forcing them to turn against us and eat international hot money together.”

Lin Wenhui admired Li Zehua's plan, which was a kind of helplessness in letting his biggest competitor slap him in the face, yet having to face the reality and compromise.

I can only say it is high. It is really high.

"Of course, this is just the best scenario. The group currently has more than 200 million tons of cotton, including the State Reserve Bureau and the second-hand cotton it has purchased.

If this number can be expanded to 300-350 million tons, it can fully support the smooth cotton harvest in the southern hemisphere and tropical regions, and there will be half a year to consume the inventory, and no one will be able to help.

By then, the four major grain traders and Goldman Sachs would give up even if they wanted to continue resisting because they would lose the initiative to manipulate the market. If they resisted, they would suffer huge losses, but if they turned against them, they could make billions.

Why not? "

Li Zehua originally wanted to get all the more than 100 million tons of spot goods in the hands of the National Grain and Oil Reserves Bureau, but the market had to continue production in the next few months, so he had to release a batch of inventory at a low price.

In order to win over more strategic allies, don't underestimate these thousands of small and medium-sized textile companies, as the orders they hold are not a small number.

Li Zehua speculated in cotton in order to integrate industry resources, not simply to make money. If he brought down the entire industry, his superiors would not let him off easily.

"I'm very excited just thinking about it. Making money is secondary. If we can accomplish this, Qingyun Group will become a resounding golden signboard in the financial market!"

Lin Wenhui and Wang Fei were both very excited. The joy of controlling other people's lives and deaths was something that outsiders could not imagine...

Things turned out just as Li Zehua had expected, both in the domestic and foreign futures trading markets, after Qingyun, its biggest competitor, turned from long to short.

Squid Capital, Jiangsu and Zhejiang Capital, and Comprador Capital acted together. They first jointly predicted the pessimistic future prospects of major agricultural products in the short term, and then reaped the benefits of a group of international hot money that followed suit.

Then, before the delivery date at the end of July, they turned from short to long and began to reap the hot money that was deceived into entering the market.

For a time, the futures market was in turmoil, and a series of dazzling and jaw-dropping operations emerged one after another.

In order to cooperate with them, Qingyun Group racked its brains and continuously invested funds to engage in a tug-of-war. The repeated influx of large funds caused a tense situation.

At the same time, it also made foreign capital and Jiangsu and Zhejiang capital completely believe that Qingyun had been fooled and fell into their trap, because the scale of funds would not deceive people.

In the Chicago trading market, Qingyun has invested nearly US$20 billion cumulatively, leveraging tens of billions of funds to confront the four major grain traders.

In the domestic Zhengzhou and Shanghai futures trading markets, Qingyun also invested tens of billions of RMB to compete fiercely with the long side of Jiangsu and Zhejiang capital and comprador groups.

Throughout the end of July and early August, the two sides fought hard.

The domestic cotton price fluctuates back and forth between 1.95 and 2 yuan. Countless small and medium-sized enterprises and retail investors have been repeatedly harvested and are crying and shouting, wishing their parents had given them two more legs as they cannot outrun the big capital.

By late August and early September, Qingyun Group gradually lost its strength. After all, compared with the huge Youtai Capital, the Qingyun Group was still a little immature at that time, and the scale of its funds was completely not on the same level.

In addition, September is the delivery month, and Qingyun did not want to expose the scale of inventory too quickly, so he pretended to give up holding the position and closed the position little by little, showing signs of admitting defeat and leaving the market.

At this time, cotton in many countries around the world is about to enter the harvest period, and agricultural product investors around the world are eagerly waiting for the latest data updates. (End of this chapter)