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Chapter 596 $400 Million

"Can rare earths be used as motors?" Ma Yong's eyes were as big as a cow egg. Rare earths were used in military aspects. Ma Yong knew this, but he really didn't know that rare earths could be used to make motors.

"The motor is divided into permanent magnet motor and excitation motor. Director Ma should you know, right?"

Ma Yong nodded. Of course he knew this. When he was working a few years ago, he dug a well in his unit. The motor used to pump water was a three-phase excitation motor. He also heard from the master who repaired the motor that excitation motors were not as good as permanent magnet motors, but he really didn't know that rare earths could be used as motors before.

Seeing Ma Yong nodding, Lin Zheng then continued to explain: "Rare earths are the key materials for making permanent magnet materials."

So that's it! Ma Yong suddenly realized it, but he was a little surprised: "The price of rare earths in China is not expensive, you just buy them directly. There is no need to contract a rare earth mine directly, right?"

Lin Zheng couldn't help but smile bitterly. Of course, Ma Yong's words were not unreasonable. At the current price of rare earths in China, it is indeed more cost-effective to buy rare earths, but Lin Zheng still has some of his own little thoughts. Although he does not have much ideals for the country and the people, he has also heard of some rare earths in later generations. Although he is not arrogant enough to call for the protection of domestic rare earth resources, it is always possible to do his best to retain some strategic resources.

But he couldn't say this to Ma Yong. Could it be that he would directly tell him that the domestic rare earth resources were stolen and sold at a low price two years later. After more than 10 years, the country realized the seriousness of the problem and domestic countermeasures were sold. Rare earth resources were already sold? If he didn't say whether they would believe what they said, what if they believed it? For many local governments, rare earth resources have become an important source of their export and foreign exchange earnings. These stolen rare earth resources were carried out with the support of local governments. Even if the country realized the seriousness of this problem more than 10 years later, it would be impossible to cure it. It is so difficult to do this with the power of the country. Lin Zheng does not think that he can be more awesome than the country.

Fortunately, when he was thinking about this, he began to consider how to deal with it. Faced with Ma Yong's questions, Lin Zheng gave an indecisive reason: "I think the international rare earth prices will usher in a period of rapid growth in a few years, so he planned to take advantage of the fact that the current price of rare earths is not expensive, so he first set up some for himself."

This reason is very powerful, and even Ma Yong can't say anything. People think that the price of rare earths will rise in a few years. What's wrong with storing some rare earths now? Compared to buying rare earths, it is undoubtedly more cost-effective to contract a rare earth mine. After hesitating for a while, Ma Yong finally nodded: "This is the case, I can ask you."

This was a very clear answer, and Lin Zheng immediately smiled happily: "The rest is included in me."

—————————————————————

The auction invited all the wealthy Americans with the highest number of wealthy people... But in the face of these wealthy people, he did not dare to be negligent. He stood at the door with his wife and waited for the arrival of all the wealthy people.

Seeing Lin Zheng and Lang Xuan get out of the car, the brother's eyes lit up. He walked forward quickly with his wife and gave Lin Zheng a hug enthusiastically: "Mr. Lin, welcome your arrival. Your arrival makes the auction tonight's glory shine. Your wife is so beautiful."

Although I had known for a long time that the boss of IQ is a diamond five who has not yet been married... Many wealthy American rich but not married are often over 34 years old. For these rich people who hold a lot of wealth, there is no shortage of women around them. Why find a woman to share their own wealth? But he has never seen a rich man as young as Lin Zheng.

"You are so polite. I'm far from doing enough than your great character." Lin Zheng said politely.

Lin Zheng's compliment was scratching the itchy flesh in his heart. After Lin Zheng said this, he said politely: "No, Mr. Lin, you are too polite. Actually, I think you can do better."

"Not everyone is qualified to be awarded the title of charity ambassador by UNESCO," Lin Zheng lowered his voice with a smile, "Mr. Yaer, can you reveal something in advance? I'm ready in advance if there is anything good tonight."

Charity auctions of this nature generally do not announce the auction items in advance, and they cannot announce the auction items, because many auction items are donated by the rich people who came to participate in the auction themselves, and they may not be delivered a few days before the auction begins. How can this thing be announced?

Regarding requests similar to Lin Zheng, he nodded and asked with a smile: "Oh? I wonder what Mr. Lin is interested in?"

"I hope to give my wife a necklace." Lin Zheng said, turning his head to look at Lang Xuan who was greeting Mrs. Yaer.

"Your wife is so happy," he lowered his voice and said to Lin Zheng in a low voice: "What a coincidence, there will be a diamond necklace donated by Mrs. Marshall in a while. I saw it. It is very beautiful. It must be very suitable for your wife."

"Thanks……"

The two nodded tacitly. As for the people following Lin Zheng? In this case, which rich man doesn’t have a few escorts?

………………………………………

After some greetings, the waiter took him into the hall. Only then did Lin Zheng feel that he was indeed a little out of touch with society, and most of the people inside did not know him.

Fortunately, although most of them don’t know each other, there are also a few people who know each other. For example, Mr. Soros, who was happily chatting with people in the corner, saw Lin Zheng and Lang Xuan coming, his eyes lit up. He greeted the people around him and walked towards Lin Zheng quickly. Before the person arrived, he was just a real laugh and said, "Lin, it’s great to see you. I was discussing with Bill when you will arrive. Oh, your wife is so beautiful. Do you know, I’m a little jealous of you..."

"Hello, Mr. Soros." Lin Zheng brought Lang Xuan with a smile, and he was still counting on this guy to make some money for him next year, but he had to greet him.

Who is this guy? Some slightly "poor" billionaires watched as the famous Mr. Soros took the initiative to greet him after the young man appeared?

Facts have proved that Lin Zheng's influence in the United States is much greater than he thought. Facing these ignorant guys, the people on the side went up and mocked: "Look at your rare and weird appearance, even the boss of icq doesn't know?"

"Is this the boss of icq?" The people around him suddenly exclaimed!

Speaking of Lin Zheng and the others may not know, but when it comes to icq, the most popular live chat tool in the United States, no one present doesn’t know. As the registered users of icq gradually approach the 50 million mark, relevant institutions have given the latest market value valuation of icq: US$200 million!

As long as Lin Zheng is willing to list IQ, the market value of this company is worth at least 2 US dollars!

For a moment, the rich men looked at Lin Zheng with envy and jealousy: Damn, why am I not a shareholder of icq?

"Damn it, why didn't he list icq?" A fat man with envious eyes and redness couldn't help complaining. He felt so uncomfortable. If Lin Zheng listed icq and operated it himself, why wouldn't he make millions of dollars?

"Because they don't lack money," the man who was speaking sneered at the fat man, "ICQ is just an industry under Mr. Lin's group. Since he is not short of money, why should he list ICQ so early? Wouldn't it be better to wait until a suitable time in the future?"

The more Lin Zheng can make money when he goes public for one day, the more people Lin Zheng can make, everyone is rolling in the financial circle all day long. Who doesn’t know this? For a moment, more people are envious, jealous and hated in Lin Zheng’s eyes.

The person who spoke was obviously not very good at all. After looking at Lin Zheng, he suddenly lowered his voice and said, "Do you know, since ICQ was in contact with major mobile phone manufacturers, I heard that American Online has planned to acquire icq."

“American Online?”

"Will this guy sell it?"

"That's right, it's America Online. I heard that America Online plans to pay 400 million US dollars!" The person who spoke raised four fingers, and his face was also envious, jealous and hatred. "Forty-million US dollars, who can guarantee that he won't sell it?"

$400 million?!

This number makes the surrounding rich people breathe much faster: for these people, $400 million is almost their entire value, and several rich people have not even reached this level. Now, can this bastard buy $400 million in one company?

I am envious and jealous, why didn’t such a good thing fall on me?

Lin Zheng didn't have time to care about the $400 million matter, and he focused all his attention on the person in front of him...American Online did issue an intention to acquire him, but Lin Zheng threw the conditions offered by the $400 million without even looking at it: Are you laughing at me?
Chapter completed!
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