Chapter 709 Sharks Dare to Attack Together
Bao Zixuan did not go home today and chose to rest in the company dormitory. At the end of Mr. Huo's birthday, the shareholders of Baohuodong Mining Company agreed to hold a board meeting on the third day. Discussing Bao Zixuan's investment in oil fields in the Middle East was, in everyone's opinion, just a formality at best. The three major shareholders, Bao Zixuan, Huo Yingdong, and Dong Haoyun, all agreed, and it was useless for the remaining people to object.
What's more, Bao Huodong Mining Company has always had the final say, with Bao the richest man having the final say, and no one else participated in the management. As long as it is something he approves of, no one dares to raise objections yet.
This was a formal occasion, so it was impossible to choose whose home it would be. Although Bao Huodong Mining Company's main business is in mainland China, its registered place is Xiangjiang after all. Therefore, there is still an office on the first floor in Xiangjiang, inside the Hutchison Whampoa Building.
This is also for convenience. Bao Zixuan doesn't have to travel to two places when he comes to the company. At the same time, it is also very close to the companies of other tycoons, so no one will care about such a trivial matter.
After all, it’s your home court, so you still have to be the first to arrive. Fortunately, other tycoons are also punctual, and no one will be late. That would be disrespectful to others.
After arriving at the conference room, everyone sat down. Bao Zixuan first said: "Your time is very precious, so I'll keep it short. During this trip to the Middle East, investment intentions were reached in several places. The most important one was the Iraqi oil and gas field project, which was originally planned to invest only US$1.2 billion. But if we want to gain greater benefits, we can't be so stingy. I have just checked the company's accounts and we have very sufficient funds."
"Therefore, we plan to invest US$3.5-4 billion in Iraq, not only to control the oil and gas resources, but also to undertake the construction of corresponding infrastructure. It will be very difficult to transport the oil and gas resources without supporting infrastructure. We only have 30 years of mining rights. , can’t afford to waste time.”
“Only by using the most efficient means and using as many transportation resources as possible can we maximize benefits.”
Bao Zixuan's words made sense to everyone, and the investment amount was completely within the affordable range. However, some people don't think so. Shark Dantong has long wanted to cause trouble, so how can the project be passed smoothly? Now is a good time to make a move. Once a decision is passed, it is difficult to go back on it.
Zheng Yutong said with a smile: "It stands to reason that investing in oil and gas resources is a good thing, and I have no reason to object. But have you ever thought about what kind of environment Iraq is like? The war has just ended, and it is not peaceful now."
"Investing in a country where war may break out at any time, and also investing in oil and gas resources and infrastructure construction. The risk is too great. Even if the company has money, it is not a way to spend it."
"If the absolute security of Iraq cannot be guaranteed, I do not agree to invest in the past. I admit that Xiao Baosheng has made a great contribution to the development of the company, but I cannot use the funds of Bao Huodong Mining Company to pave the way for my own business. This is absolutely not allowed, After all, the company belongs to all shareholders, not just one person."
Everyone was stunned when they heard Shardantong openly objected. This is the first time, and this old boy has confidence. How dare you openly slap Bao Zixuan in the board meeting, knowing that his shares are only a fraction of others.
Before Bao Zixuan spoke, Dong Haoyun spoke first: "Zheng Sheng, little Baosheng is also thinking about the future of the company. Do you think it's too much to say that he used the resources of Baohuodong Mining Company to pave the way for himself? We are all businessmen. Especially those of us who have been running boats all year round. We all know how strict the control of oil and gas fields in the Middle East countries is. It is already a huge honor for Xiao Baosheng to get the admission ticket, and it is even more profitable for the mining company. One harm.”
"This is a good thing that cannot be found with a lantern, and now it falls on us. It would be a waste to let the opportunity slip away. It will be too late to regret it by then."
Everyone knew that Dong Haoyun and Bao Zixuan had a good relationship, but they didn't expect to be so supportive. You must know that saying this will offend Shadantong, and there will definitely be conflicts between the two in the future.
Zheng Yutong said with a smile: "I think Mr. Baosheng knows the specifics best. But Mr. Dong, it's better to wait for everyone to vote to decide whether the plan is feasible. I'm just discussing the matter."
At this moment, Dong Haoyun received a call. I had put my phone on vibrate mode before the meeting, so it didn't make any sound. After hanging up the phone, Dong Haoyun stood up and said unwillingly: "I'm very sorry. I have something urgent to deal with, so I'll take my leave first."
Before leaving, he glanced at Bao Zixuan, which caught everyone off guard. Why were you still refuting Sha Dantong and supporting Bao Zixuan in a big way? Just leave now, what does that mean?
At this time, Mr. Bao felt a bit of conspiracy, especially the helpless look in Mr. Dong's eyes when he left. Now it seems that someone must be targeting him. Shark Dantong is not that bold, and there must be experts behind him.
Zheng Yutong: "Although Mr. Dong is gone, the meeting still needs to continue. Bao Huo Dong Mining Company is not owned by Xiao Bao alone. You all bought the shares with real money, so you can't say nothing."
“As the company’s major shareholder, the charter king should take a stand!”
Although Bao Yugang was reluctant to see him push himself out directly. But I also know that I have to say something at this time.
Bao Yugang: "In the past, it was indeed a rare opportunity to invest in oil and gas field projects in Iraq. But what Zheng Sheng said is also very reasonable. The political situation in Iraq is very unstable. The possibility of another war is very high. In the past, investment returns may not be low, but The risks are also uncontrollable. Therefore, my suggestion is to take it slow and not to rush."
The charter king is not Zheng Yutong, he is the founding shareholder of the company. Not only in Bao Huodong Mining Company, he is also a very important tycoon in the Hong Kong business community. Now that he is so obviously supporting Shark Dantong, something must be unusual here.
Huo Yingdong knew that Shark Dantong must have played some trick, otherwise Dong Haoyun would not have been able to leave, and the chartering king would not have supported him so much. Mr. Huo is a special being among Chinese businessmen. He will not openly support anyone, but he will not offend others easily. The main reason is that Mr. Huo does not want to see the Chinese businessmen in Hong Kong split, which would be a huge loss to the country.
Now that the two sides are at loggerheads, it is even less possible for him to express his thoughts. That would defeat the original intention, and it would also test Bao Zixuan's idea. This kid's growth process has been too smooth. Being able to endure some setbacks will be more conducive to his future growth.
Huo Yingdong just sat there and looked at the report without raising his head. As if to say, you decide, I have no opinion.
This makes others confused. Aren't Dong Haoyun and Huo Yingdong firm supporters of Bao Zixuan! Why is one gone now and the other not talking? What does this mean? Could it be that the scene at Huo Yingdong's birthday two days ago was all an illusion, and the businessman was really a reality.
Even Huo Yingdong and Dong Haoyun didn't support him. Who would dare to risk offending Shark Dantong and the Charter King by openly supporting Bao Zuofu.
Although Bao Zixuan is rich, he is really not as good as these two in terms of personal connections. Many people are not convinced by Bao Zixuan's sudden rise, and they have a lot of complaints about joining the rich circle. In addition, this kid's usual behavior is too domineering. Now that I have the opportunity to resist, of course I can't let go of such a good opportunity.
Everyone began to express their objections one by one, and the purpose was very clear. Even Ye Deli didn't agree to invest in Iraq, so he didn't choose to side with Bao Zixuan. You must know that the relationship between the two people is still good, but now when it comes to the issue of interests, no one is of any use.
It seems that the richest man has suddenly become the target of public criticism, which makes people confused. But this is reality, and I can’t blame anyone.
I really don’t know whether my original choice was right or wrong. I thought the benefits would be too great. Worried that eating alone would not last long, he asked Xiangjiang Rich to join. Now it seems that people will not appreciate it and may even treat you as a fool.
Bao Zixuan: "Since everyone disagrees, let's forget this matter. Baohuodong Mining Company will not invest, and Heiyun Group will invest on its own. High risks also indicate high returns, and I can afford to lose this little money."
I heard that Bao Zixuan was so understated and directly announced that Heiyun Group was investing. What does this mean? Does this kid still have money? You must know that the Heiyun Town project is a bottomless pit, and the daily consumption is astronomical.
Spending US$4 billion to go to Iraq at this time will inevitably increase the burden on Heiyun Group. Funds are not allowed and there is only one way, and that is to withdraw funds from Heiyun Bank.
This is an opportunity; if there is a run on the bank, Bao Zixuan will definitely find a solution elsewhere. At that time, he can take the opportunity to acquire the shares of the mining company held by Bao Zixuan. It is not up to him whether he wants to sell it or not.
It can be said that this plan is very good, but it is constantly consuming the funds in Bao Zixuan's hands. There is only one chance. If the construction of Heiyun Town is completed, no one can shake Bao's status as the richest man in the future. When the time comes, don't talk about acquiring the shares in the mining company it holds. It's a good thing if they don't acquire your shares.