The Chinese rare earth of backside of bureau of meal of 410 thousand days of price: Father discontin

Subsequently, day price Zhang explodes oddly netizen of the person that expect, small gain " the true identity of Snake_Kan rises to surface. Although subsequently message shows, the person buy sheet of bureau of day price meal is " enlighten do obeisance to prince " , and rather than explodes makings person " rich 2 generation " Jiang Xin, but the Jiang Xin of disturbance of be involved in still is given by the netizen " gathered up a with nothing left " .

In fact, this mixes mark to be encircled at electric contest with super- run the Jiang Xin of the club is not mysterious. In September 2013, jiang Xin established club of Snake electron athletics, established Snake Q group in March second year. When those, electric contest circle of China is to be belonged to only rich the wrestle of 2 generation kills battlefield, big wrist of it may be said gathers. And Jiang Xin is more with Wang Saicong, Hou Ge booth, Qin Fen together, be known as " electric contest encircles F4 " . In September 2017, jiang Xin sends small gain to say to already sold OMG boss Hou cabinet booth Snake club major share, and hand of fight in some places one by one swims.

The Chinese rare earth of backside of bureau of meal of 410 thousand days of price: Father discontinue one's studying works, do poineering work 17 years body home 1.1 billion

Jiang Xin another heavy identity is HAC member of club of top class racing bike, have " China exceeds run the first person " say. Well-known actress Lin Zhiying also is a of HAC, as pretty good as Jiang Xin personal friendship. Subsequently, the netizen exposes to the sun 760RS, handkerchief adds the cloth Jia Diwei a huge extinct reptile that gave Jiang Xin, Pajiani Ni Fengzhi child wait for super racing bike. It is reported, jiang Xin has car of a person of extraordinary powers to exceed 15, total prices is worth more than 200 million yuan.

Meanwhile, jiang Xin's father, having " king of Chinese rare earth " the Jiang Quan Long Ye that say enters public field of vision accordingly. And the past of Chinese rare earth of backside of Jiang spring dragon also be vividly portrayed.

The Chinese rare earth of backside of bureau of meal of 410 thousand days of price: Father discontinue one's studying works, do poineering work 17 years body home 1.1 billion

Rare earth king sends family history

The Jiang spring dragon of high-spirited and vigorous was born 1952 nowadays, it is Jiangsu appropriate encourages a local born and bred farmer originally. In that time, read to appear beyond the mark and extravagant to the Jiang spring dragon of family circumstances poor, elementary school did not graduate he is forced discontinue one's studying.

1972, firm full manufacturer of a when the Jiang spring dragon of 20 prevails place to appropriate to subsidize family expenses fireproof material works. Working is 10 years, according to the view of wife Qian Yuanying, jiang spring dragon although culture of it doesn't matter, but depend on experience of old a gleam of, "The expert that taking the place of 1980 already was fireproof respect " .

The Chinese rare earth of backside of bureau of meal of 410 thousand days of price: Father discontinue one's studying works, do poineering work 17 years body home 1.1 billion

In spring tide of reforming and opening drive below, countrywide each district sweep a go into business is in business, do poineering work the spring breeze that become rich. Below the influence of the wife, jiang spring dragon eventually resolved abdication, join poineering main force. 1984, outer hit those who spell old Jiang Quan to dragon already passed and stand year, also calculate small have the stockpile. Jiang spring dragon of 32 years old returns native place appropriate to promote, the town enterprise that with the wife Qian Yuanying established to wear redcap " appropriate starts plant of magnesian simple fireproof stuff " .

Because be old one's line, the business of Jiang spring dragon is downwind downstream, do bigger more. 80 time have the century on, "Chinese rare earth " the spring breeze that multiplying reforming and opening enters an international market, move GDP to pull, trade of Chinese rare opium is swift and violent develop. Public data shows, arrive from 1980 1987, crop of Chinese rare earth from come to 25170 tons 4320 tons very quickly, 31% what hold world total output, with one action exceeds the United States, become global premier rare earth produces a country.

At that time, still be in budding period the policy that industry of Chinese rare earth did not make clear is direct, rare to private exploitation earth also does not have any limitation almost. The husband and wife of Jiang spring dragon that sees punctual opportunity entered rare earth industry 1987, established plant of letter power depart.

After a year, the husband and wife that tasted benefit two take advantage of a favorable situation again established appropriate to promote rare earth smeltery. Do bigger more as the business, 1994, jiang spring dragon is flat held water new power group, the business below the banner is patulous also in be being mixed to oxide, rare-earth metal, fluorescent material high-grade and fireproof material 4 big board piece.

Be worth the golden age of rare opium trade right now, 2 people of husband and wife are very fast with respect to earn basin full earthen bowl is full. Go no further of not reconciled to hereat Jiang Quan dragon begins intervening capital market.

1999, jiang spring dragon is taking him " Chinese rare earth " place is handed in to be landed formally in harbor, temporarily scene is not had 2. "Country " the favorite that the Chinese rare earth of word head makes capital market very quickly, and the social status of Jiang spring dragon also as when the river rises the boat goes up too. 2001, jiang spring dragon the individual asset with 1.14 billion yuan, in " Forbes " the 39th is ranked on a list of names posted up of Chinese inland plute.

In 10 years of after this, the time of Jiang spring dragon passes well, when 2013, his body home had achieved 10.3 billion yuan.

Interesting is, social status evens more for a time the Jiang spring dragon of one billion four hundred and ten million and sixty-five thousand four hundred and eight still has been become however " Laolai " . According to " the letter signs up for " reported 2017, jiang spring dragon is entered by the operator of sanded gambling house of gold of Singapore seaside bay high court of report Hong Kong,

On July 26, 2014, jiang spring dragon to gambling house 22.44 million slope yuan (about 129 million HK dollar) of chip bet endowment, borrow sign loan agreement. After the event, jiang spring dragon repaid partial money, still default about 18.89 million slope up to now yuan (about 108 million HK dollar) , accuser asks the court orders now reimbursement of Jiang spring dragon, add additionally since January 2015 plan, annual the accrual of 12% .

This also is meant, this a debt of honour of Jiang spring dragon was owed fully 3 years long.

Shrink of home of body of husband and wife of Jiang spring dragon 9 billion

However, "Rare earth king " the destiny of Jiang spring dragon cannot avoid the ground and whole rare opium trade is bound closely was in one case.

As the development of rare earth industry, the country realizes rare earth is in gradually the transcendental value of war industry domain, label its goods and materials of important war industry strategy. Meanwhile, rare earth reserves of China begins bluff type to glide, only 1996-2009 year, reserves of Chinese rare earth diminishs 37% , only remnant 27 million tons. China takes the whole world when rare earth reserve is maximum 71.1% , already insufficient nowadays 23% , according to current exploitation rate, reserve of medium, heavy rare native maintains 15-20 quite only year.

Form bright contrast with China, the rare earth reserves 2009 is the United States 13 million tons, take the world 13% , but crop is 0; Russia is rare 2009 earthy reserves takes the world for 19 million tons 19% , crop also is 0; The rare earth reserves 2009 is India 3.1 million tons, take the world 3% , crop is 2700 tons, take the world 2% ; Rare earth of day the current year imports a quantity to be 30 thousand tons about, crop is 0.

World each country understands the strategic value of rare earth, import rare soil from China in great quantities, because price of Chinese rare land is low,be on one hand; Because rare earth can cause serious environmental pollution in extract process,be on the other hand.

2010, bureau of Chinese land natural resources begins to undertake extracting gross is controlled administrative to rare land natural resources, the mine that controls new ore deposit strictly registers application. 2011, total bureau of Chinese Ministry of finance and national tax Wu allots an announcement, raise level of the amount of tax to be paid of rare land mine. 2012, the country starts rare earth strategy to close store the exit that the job begins to restrict rare land mine further.

Suffer national policy to affect, chinese rare earth begins from 2012 by be filled with turn deficient. According to what the company announces money signed up for statistic 2016, arrive from 2012 2016, the income of Chinese rare earth falls continuously, glide all the way from 2.1 billion HK dollar 709 million HK dollar, drop amount to 66% .

Net profit respect, chinese rare earth rises from 2012 all the time deficit, end 2017, deficit of company accumulative total is as high as 1.56 billion HK dollar. Share price also drops to the 0.375 HK dollar of nowadays from top 2010 4.81 HK dollar, drop panel height is amounted to 92.20% , the celestial being that became the name matches the reality, market prise shrink restrains ten billion three hundred and seventy-eight million HK dollar, add up to 9.082 billion yuan of RMBs about. Half annals shows, jiang spring dragon is held 70% , wife Qian Yuanying is held 30% , the money that this also means 2 people of the husband and wife in 8 years of time adds up to shrink 90 much.

Half annals showed 2018, battalion controls Chinese rare territory first half of the year for 435 million HK dollar, relatively the 243 million HK dollar of the corresponding period rose last year 79% ; Net profit is - 11.68 million HK dollar, the corresponding period was last year - 43.34 million HK dollar, deficit closes considerably narrow. Money newspaper points out, outstanding achievement of Chinese rare earth picks up somewhat is rare earth picks up at fireproof material price be caused by.

Among them, 64% what rare earth business occupies total battalion to close, battalion receives 137 million HK dollar, increase compared to the same period 104% ; 36% what fireproof material occupies total battalion to close, battalion receives 155 million HK dollar, grow 47% compared to the same period. Be worth what carry is, the battalion of Chinese rare earth receives the majority to come from at Chinese market, export business is occupied than extremely low. Sign up for exposure according to money, first half of the year, market of China of rare earth business is occupied than for 97% , exit is only 3% ; Market of fireproof material China is occupied than about 81% , export market adds up to about 19% . Manage period inside, chinese rare earth has no a product to sell market of past United States.

Below the circumstance of deficit of in successive years, chinese rare earth must choose to cut a share business, outward hawk subsidiary. Half annals showed 2018, chinese rare earth 2017 early or late low hawked Yin Mao to dominate town of a limited company, sea new Willie becomes magnesian limited company and fluorescent material relevant business.

Magical is, chinese rare earth is indebted below the circumstance of deficit of in successive years rate is extremely low however, money newspaper shows indebted rate of the company inside report period is only 6% .

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