Li Jiacheng was shocked: "A...Ayi, how much did you just say?"

"968 million? Or US dollars?"

"Did I hear it wrong?"

Zheng Yutong also stood up and said, "Yes, Ayi, you are wrong."

"After all, our company has only been established for more than half a year. How could we possibly make so much profit?"

"Yeah, is that true?"

Everyone at the scene was talking, but their eyes were all fixed on this side.

Bao Junyi smiled without saying anything, waved his hand, and asked his secretary to distribute the financial statements prepared in advance to the shareholders present.

He then said loudly: "Everyone, $968 million is real."

"Moreover, the rare earths purchased from our Xiangjiang Rare Earth Mining Company include international giants such as Intel, IBM, and Siemens."

"At the same time, they are also willing to sign long-term purchase agreements."

"hiss!"

All the wealthy Hong Kong people present at the scene took a deep breath.

Cao Wenjin was shocked and said, "No wonder Hong Kong citizens say that following Bao Shoufu is sure to make money."

"I didn't really believe it before, but now I do, and I'm convinced!"

"Hahaha!"

Everyone at the scene was amused by Cao Wenjin's words. At the same time, they also underestimated Bao Junyi's ability to make money.

While they were still in the small circle of Hong Kong, Bao Junyi was already earning US dollars internationally, and it was not a small amount of money.

At this time, Li Jiacheng, Zheng Yutong, Guo Desheng, Li Zhaoji and others all looked at him differently.

At the same time, the older generation, including Henry Fok and Tung Hao-Yen, all showed satisfaction in their eyes.

Huo Yingdong stood up and said with a smile: "Ayi, what are you going to do with this money?"

He glanced around before slowly saying, "I'm convening this board meeting and calling everyone here to report on the company's development and how this funding will be used."

"Ayi, tell us what you say. We all believe you."

"yes."

Bao Junyi nodded and said, "Okay, first of all, we won't distribute this money as dividends, but will reinvest it all into the market."

"First, continue to purchase equipment, expand production scale, and recruit relevant talents."

"Second, invest in research and development to improve rare earth extraction technology."

"Third, allocate funds to rare earth mining areas for environmental restoration."

"fourth......"

......

"These are the next steps to use this capital to increase the scale of Xiangjiang Rare Earth Mining Company."

Li Jiacheng stood up and said, "Ayi, based on your investment, isn't it too much?"

"After all, $968 million, when converted into Hong Kong dollars, is close to $5 billion. Should we retain some of it?"

Everyone present looked at each other and nodded.

Bao Junyi smiled and said, "Although we invested $968 million in the market and expanded rapidly, we didn't save any costs."

"However, we will be able to double our profits in the next quarter, which means we will earn more than $1.9 billion."

"What?!"

Zhang Yuliang stood up in shock and asked, "How is that possible?"

"According to common sense, it's impossible to double profits in such a short period of time, and in the next quarter?"

"This is too exaggerated, too outrageous."

Other shareholders said: "Yes, Ayi, you are wrong."

"We don't ask for a doubling of profits, just a slight increase is fine."

Bao Junyi did not answer, but glanced at everyone and found that they all looked disbelieving.

He reached out and took a document from his secretary, threw it on the table, and said, "Here is a forecast of the company's future revenue, including orders signed with major companies."

"If we expand production, we can achieve this profit."

“And that’s still a conservative estimate.”

Li Jiacheng was surprised: "This...this is still conservative?"

"If it's not conservative, can the revenue reach more than 2 billion US dollars in a single quarter?"

Bao Junyi smiled and nodded, "That's right, this is the real profit of rare earths."

"Otherwise, how can we say that rare earths are comparable to gold?"

"hiss!"

"Cough...cough cough."

Everyone at the scene breathed in so much cold air in a day that it was almost as much as a whole year.

Bao Junyi threw another document on the board's desk without waiting for everyone to react.

"Here are letters of intent from tech giants like Intel, IBM, and Siemens who want to acquire shares in Hong Kong Rare Earth Mining Company."

"Also, the lowest valuation they offered was $20 billion, but I rejected it."

"What?!"

"20 billion US dollars?"

"What was our previous valuation? I think it was only 10 billion US dollars."

"I didn't expect that in just over half a year, the shares I hold would double in value."

Even the old tycoon Henry Fok was not calm at the scene.

He quickly said, "Ayi, is this true?"

"Xiangjiang Rare Earth Mining Company doubled its value?"

Bao Junyi smiled and said, "Uncle Huo, this is true. Moreover, our company can make more money than you think."

"So, this valuation is nothing. When he explodes, that's when he becomes truly terrifying."

Huo Yingdong said in surprise, "Could it be that the valuation at this point can continue to double?"

"Yes, this is just the beginning."

"Hong Kong's rare earth mining industry is still in its initial stages of growth and hasn't reached full capacity yet. It still has a long way to go."

"Gurgle!"

The scene fell into deathly silence, with only the sound of swallowing saliva being heard.

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!