China’s government’s strategic oil reserves—

Good opportunities are all created by waiting.

2001: The state approved the strategic oil reserves project
2004: Construction began on the four major bases
Waiting alone took seven or eight years

2008—2009
Oil prices crashed from $147 to just over $30
When the world panicked, China decisively “bought the dip”

Data on storage at the four major reserve bases:
- Zhoushan: 3.98 million tons
- Zhenhai: 3.78 million tons
- Huangdao: 2.50 million tons
- Dalian: 2.17 million tons

Total: 12.43 million tons
Lock in confidence in national energy security

The truth is very simple:
- Strategy is long-term planning
- Opportunity is patience and waiting
- Good prices always come from enduring and waiting

As for investing, getting things done, and a nation’s fate—everything follows the same logic:
Only those who can endure loneliness can hold onto prosperity.
Some people can’t last after waiting for just three days—
When prices rise, if you don’t get on board, it’s too late 😂
A lifetime of being “chives”—not enough for the capitalists to harvest several times