什么情况！10万亿的“世界铜王”还不起5000块

Core Viewpoint - The surge in international copper prices, exceeding 86,000 yuan/ton, is driven by increased demand from AI and electric vehicles, leading to significant profit increases for companies related to copper [2][3]. Group 1: Copper Price and Market Impact - The LME copper price has risen by 0.919% to 10,761.5 USD, while domestic copper prices in Shanghai range from 85,660 to 86,330 yuan/ton, reflecting a daily increase of 660 yuan [3]. - Companies such as Jiangxi Copper and China Aluminum have seen profit increases of 20.85% and 20.65% respectively, while Zijin Mining and Luoyang Molybdenum have experienced even higher gains of 55.45% and 72.61% [3]. Group 2: Zhengwei Group's Financial Issues - Zhengwei Group, led by Wang Wenyin, claims to possess 30 million tons of copper, valued at approximately 2.6 trillion yuan, but faces significant financial distress, including 90 legal cases totaling 9.98 billion yuan [5][6]. - Despite being a former Fortune Global 500 company with annual revenues of 700 billion yuan, Zhengwei's assets and claims have come under scrutiny, raising questions about the actual existence of its copper reserves [4][5]. Group 3: Business Practices and Controversies - Zhengwei's business model includes trade practices that inflate revenue through internal transactions and financing of accounts receivable, involving local government financing and listed companies [10][11]. - The company has engaged in real estate ventures, acquiring land for industrial parks and reselling it for profit, but has faced challenges in delivering actual economic benefits to local governments [16][18]. - Recent projects, such as a 6 billion yuan copper project in Fu'an, have stalled, leading to legal actions from local authorities seeking to reclaim land and address grievances [19][20].