首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
You will hear a conversation about investment assessment and further development of a steel-making company. For each questio
You will hear a conversation about investment assessment and further development of a steel-making company. For each questio
admin
2016-10-25
66
问题
You will hear a conversation about investment assessment and further development of a steel-making company.
For each question(23-30), mark one letter(A, B or C)for the correct answer.
After you have listened once, replay the recording.
The reason for concluding the deal in such a short time is that
Woman: Why did Valin decide to invest in overseas iron ore resources now?
Man: We had such thoughts earlier because we wanted to build a supply chain and raw materials base. Valin lacks mining resources. So it is not a sudden idea. We started accelerating our pace last year. Now 50 percent of our iron ore supply, or 9 million tons a year, comes from imports.
Woman: Before investing in Fortescue, did Valin try to access raw materials through acquisition?
Man: Last year, we bought about an 11 percent stake in Australian iron ore miner Golden West Resource Ltd. The company is small but can supply us with 4.5 million. tons of ore annually under a long-term contract.
Woman: Fortescue held investment talks with many Chinese steel companies, but all proved fruitless. Why did it reach a deal with Valin in just a few months?
Man: That’s because Fortescue has built a production capacity-of 55 million tons, as well as railway transportation and ports. The second is its potential. Its business covers-a large area of 520,000 square kilometres, comprising the whole iron ore-rich Pilbara region. The potential reserves of the region are said to reach 20 billion tons, which is quite attractive. And third, although it’s a large company, it doesn’t have the common operational flaws that usually exist in large companies in developed countries.
Woman: When did you first start paying attention to Fortescue?
Man: We started frequent contacts with Fortescue three or four years ago, when we signed supply contracts through our subsidiary Xiangtan Steel Co. Last year, I went to Fortescue twice and met Andrew(the company’s chief)four times. The first two meetings were for studying the deal, and the last two were for negotiations. We finally discussed the price and settled the deal over the telephone.
Woman: Was the financial crisis a factor that pushed forward the deal?
Man: We originally planned to buy a 14.9 percent: stake in Fortescue for 26 billion yuan, and we were willing to cut the deal at that price. What we’re getting now is good, but you can’t say if s the best.
Woman: Why did Fortescue finally choose Valin?
Man: Andrew has a very good strategy in mind. He said Fortescue is a strategic ally of Chinese steel companies in all domains. It is absolutely correct. You can only win in the future with vitality by cooperating with China. Because China’s steel sector is under development. China is in its process of industrialization and its steel demand is strong. And orders from China are growing every year. The market is growing. Isn’t it a smart deal to cooperate with China?
Woman: What’s the next step for Valin-Fortescue cooperation?
Man: There will be three projects for resource development. One is a low-quality mine. The second is materials processing. And the third is to expand Fortescue’s production capacity. We will support it as a shareholder.
Woman: You said earlier that Valin has three major tasks this year. What are they?
Man: We will actively fight the financial crisis and also take it as an opportunity. The first task is to invest about 10 billion yuan in steel projects, which will produce high-end steel products. The second is the deal with Fortescue, which will be settled after it gets government approval. And the third is to take the opportunity to launch mergers and acquisitions. This year is the year for reshuffling China’s steel industry, and we want to grab the chance. We will pay 20 billion yuan for these three tasks.
选项
A、Fortescue is able to produce 55 million tons of goods.
B、Fortescue has an area of 512,000 square kilometres.
C、it doesn’t possess the common flaws in developed countries.
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/ZEsO777K
本试题收录于:
BEC中级听力题库BEC商务英语分类
0
BEC中级听力
BEC商务英语
相关试题推荐
•Readthearticlebelowabouttechnicalwriters.•Foreachquestion31-40writeonewordinCAPITALLETTERSonyourAnswerShe
•Readthearticlebelowaboutbusinessonline.•Foreachquestion31—40,writeonewordinCAPITALLETTERSonyourAnswerSheet
•Lookatthestatementsbelowandthefiveintroductionsforgoods.•WhichintroductionA,B,C,DorEdoeseachstatement1-
•Lookatthestatementsbelowandthefiveintroductionsforgoods.•WhichintroductionA,B,C,DorEdoeseachstatement1-
•Readthefollowingextractfromanarticleabouttheadvantagesofmakingthefirstoffer/demandinnegotiation.•Foreachques
•Readthearticlebelowaboutacompany.•ChoosethecorrectwordtofilleachgapfromA,B,CorD.•Foreachquestion(
•Readthearticlebelowaboutacomplaintofbadservice.•ChoosethebestwordtofilleachgapfromA,B,CorDontheopposi
ARegularEuropeanbusinesstravellersviewtravellingoncommercialairlinesasinefficientandinconvenient.Mostlyitisnot
ARegularEuropeanbusinesstravellersviewtravellingoncommercialairlinesasinefficientandinconvenient.Mostlyitisnot
—Youwillhearacollegelecturertalkingtoaclassofbusinessstudentsaboutamergerbetweentwosupermarketchains.—For
随机试题
资料:某大型国有农场(简称A农场)为增值税一般纳税人,2012年5月发生以下业务,销售自产苹果一批给客户,另外采购一批柿子加工为果脯,这批果脯分为三部分:一部分直接销售给来农场游玩的消费者,一部分端午节发给员工作福利,还有一部分销售给商场。(注:农业生产者
拔除胸腔闭式引流管时,应嘱患者
A.项圈征B.棕色瘤C.砂粒状死骨D.大块死骨E.schmorl结节急性化脓性骨髓炎的X线征象
施工平面控制网布设时,施工坐标宜与()一致。
期货公司申请金融期货交易结算业务资格,其申请日前3个会计年度中,至少1年盈利且每季度末客户权益总额平均不低于人民币()。
商业银行各级用户在使用个人信用信息基础数据库时,需至少()个月更改一次用户密码。
全陪导游员首次讲解在取得游客的信任。确立其在旅游团中的威信,展现自己的才干等方面起决定作用。讲解的主要内容包括()等等。
行政绩效评估的核心价值指向()。
去年,有6000人死于醉酒,有4000人死于开车,但只有500人死于醉酒开车。因此,醉酒开车比单纯的醉酒或者单纯的开车更安全。如果以下哪项陈述为真,将最有力地削弱上述论证?
以下是与设置系统菜单有关的命令,其中错误的是()。
最新回复
(
0
)