Especially the pure gold Pegasus at the front of the chariot, with its wings spread and front hooves moving in unison, looks as if it is about to take flight.
It's beautiful and artistic, and its golden color is universally appealing.
Alwaleed saw Xing Baohua open the car door for him and went inside to experience it. How to put it? Both the interior and exterior were already superior to current models.
To put it bluntly, I didn't catch the good ones of those two cars.
At this moment, it's just like what people said online back then: when Tianma sports cars have their hands in their pockets, they don't even know what their opponents are.
At this moment, Xing Baohua stood in front of the car with his hands in his pockets, watching with a smile as Alwaleed touched things haphazardly inside the car, touching this and that.
He was as excited as a child.
As for the car's performance, Xing Baohua didn't mention it. Besides, Alwadeli didn't care about those things. As long as the appearance was high-end, who cared about the car's performance? Even if it couldn't be driven, he could still make it a celebrity by displaying it in the villa's hall.
He didn't care, but the reporters did; some asked about the car's features.
Xing Baohua said that this car is considered a German car, with rigorous wind tunnel testing and dozens of strict crash tests in the Mercedes laboratory before obtaining the qualification certificate in Europe and America.
The engine is a German AMG, and the HAZ Group has purchased the relevant engine technology. It's a supercharged V8 with a performance of 872 horsepower. The top speed is 391 km/h.
Aside from the chassis technology, 70% of the body is made of carbon fiber. The two cars presented to Prince Alwaleed are made of carbon fiber and covered with 18K gold.
A reporter asked how much gold was used.
Xing Baohua shook her head slightly and said with a smile, "It's a secret."
After inspecting the car, the group followed Xing Baohua back to the hotel.
The truck was loaded back into the container and then sent to a desert country.
In the afternoon, under Xing Baohua's arrangement, the other people from the desert country began to tour HK. Only Xing Baohua and Alwaleed met alone.
There are some things that cannot be known to others, so this meeting needs to be conducted in secrecy.
Xing Baohua had already sent the telecommunications construction quote to Alwaleed and his team beforehand.
The project, encompassing systems across several countries, signal infrastructure development in major cities, and data center construction, totaled $16.7 billion.
This was calculated based on the standard construction costs in Hong Kong.
This is the budgeted price; additional investment may be made at any time depending on factors such as the environment and the difficulty.
This deal, ostensibly compared to the cost of HK construction, actually doesn't generate much profit, only around one billion.
The construction period is five years, which means that the Desert Congress will pay Xing Baohua the telecommunications construction fee according to the progress.
At current prices, with international futures prices at $18-19 per barrel, Xing Baohua could acquire close to 1 billion barrels of crude oil. Over five years, that's 200 million barrels per year.
This is a fixed price, not a fluctuating price.
Crude oil prices fluctuate every moment. Only by fixing the price can calculations be performed.
Xing Baohua and Alwaleed are currently discussing pricing.
In the first year, the price paid to Xing Baohua was $14 per barrel, which was indeed $4 cheaper than now. This price did not include the FOB price. Xing Baohua needed to find his own way to ship it out.
And so, Xing Baohua agreed.
Xing Baohua makes a profit of two yuan per barrel from the price difference, which means he can earn four or five hundred million US dollars.
Moreover, prices will rise as oil prices fluctuate. Therefore, having pricing power for a year allows for greater profit-making opportunities through manipulation.
Now he has established a joint venture with relevant domestic departments. They are responsible for running errands and selling goods, while he is responsible for collecting national currency and talking to people.
He also has a selling price, which fluctuates with international oil prices.
With the 200 million US dollars converted into Chinese currency, and as the currency continues to depreciate, Xing Baohua will have more and more cash in his hands.
The wealth accumulated over five years is an astronomical figure.
Oil prices will increase by 30% annually.
Of course, we need to clarify whether this number is increasing annually from 14, or doubling every year!
Fortunately, Alwaleed said it was based on $14.
Everyone knows that oil prices fluctuate, with significant monthly and yearly swings, and a balance point must be found.
This is a conservative figure. If we calculate based on the contract requirement of a 30% increase, then the price of oil would be 18.2 per barrel in the second year.
What if the price doesn't rise the following year, or doesn't exceed $20 a barrel?
There was no other way; even if the price dropped to 10 yuan a barrel, Xing Baohua had to grit his teeth and complete the contract.
This kind of thing always involves both gains and losses. So, expecting an average increase of 30% isn't unreasonable.
Besides, the people from those desert countries, who are into oil every day, aren't stupid. Although their money seems to come out of nowhere, they'll use their business acumen when it comes to serious business collaborations.
Both sides have already made their offers; it's just a matter of whether the prices are acceptable.
Xing Baohua did a quick mental calculation and figured the most expensive year would be the last, probably costing over thirty US dollars per barrel.
It's July 1987 now, and five years from now we'll be in the 1992-1993 period.
The calculation of the date will begin when the contract is officially signed.
Xing Baohua knew there would be a big increase in 1991, reaching around forty US dollars, but in reality, it only rose for about forty days before it began to plummet.
Returning to an oil price of $28-32 per barrel.
Xing Baohua will definitely lose money in the last year.
He doesn't know how much he'll lose, and there's no specific price for him to refer to; he's relying entirely on his memory for the parameters.
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