Chapter 745 Splitting the Company

After receiving the call from Huo Yingdong, Bao Zixuan let out a wry smile. What's supposed to come will eventually come, and it's time to let go. Although I feel unwilling to do so, this is the fact. Even if he is the richest man in Hong Kong, he cannot cover the sky with one hand. Especially in terms of network base, it is still far behind the traditional powerful people. It seems that after the matter is over, we have to consider Zhang Youran's problem, and procrastinating like this is not the answer.

It was ten o'clock in the morning on the last day of June 1983, in the conference room of Bao Huodong Mining Company in Hutchison Whampoa Building.

At this time, many tycoons from Xiangjiang were sitting in a conference room of less than 100 square meters. Hong Kong's richest man Bao Zixuan, patriotic businessman Fok Ying-tung, world shipping king Pao Yukang, Hong Kong shipping king Dong Haoyun, jewelry king Zheng Yutong, Cheung Kong Holdings Li Chaoman, Henderson Land Development Lee Shau Kee, Wohe Real Estate Hu Yingxiang, gambling king Ho Hongsheng and his partner Yip Deli.

After a series of equity changes, Bao Zixuan is still the largest shareholder, occupying one-third of the entire Baohuodong Mining Company. Followed by Fok Yingdong, who also holds more than a quarter of the shares. The only ones left are Charter King and Dong Haoyun. Once the company is split up, it will be dominated by the four of them.

Bao Zixuan did not chair the meeting today because it was Huo Yingdong who called everyone to the meeting. He didn't want to be a substitute, and most importantly, he would have to argue with others for a while, so he needed to conserve his physical strength and energy.

Huo Yingdong first said: "There have been some conflicts among Chinese businessmen recently. I won't go into details about the specific situation. We are all shareholders of Baohuodong Mining Company. Since there is a conflict, and it is still an unsolvable conflict, then just Being able to separate is an inevitable law of company development."

"Yesterday, Sheng Bao and Sheng Zheng came to me for this issue. If everyone has no objections, we will vote to split the company. Those who agree to split the existing company, please raise your hands."

The charter king was the first to raise his hand to express his agreement, and Dong Haoyun also raised his hand. It was Huo Yingdong, and then several other small shareholders raised their hands to express their agreement; Bao Zixuan did not hesitate and expressed his agreement.

Huo Yingdong: "Since everyone agrees to split the company, we need to come up with a specific plan. Regarding the matter of Bao Huodong Mining Company, Xiao Baosheng has the most say. It is better to listen to his opinion, what do you think!"

Everyone agreed, after all, only Bao Zixuan knew the specific situation best. They couldn't explain why, so they might as well do it as a favor.

Bao Zixuan said with a smile: "Since you asked me to say it, I won't be polite. Otherwise it will be awkward for everyone after being together for a long time. It's better to end it as soon as possible."

"Currently, the most valuable assets of Baohuodong Mining Company are the four major mining areas, and then the steel plant in Shenhai City. There are still US$10 billion in funds on the account that can be used. The rest needs to be paid to workers and paid for materials. Everyone is responsible for how much. Some, I don’t think anyone would be short of this amount of money!”

There's nothing to say about $10 billion divided equally among shares. As for the mining areas, each mining area is calculated based on 25% of its shares, and the steel plant occupies 3% of the company's share. In other words, I value Baohuodong Mining Company at US$200 billion. Of course, anyone who disagrees can raise it.

This is a matter of interest to everyone, and no one will raise objections. Even the charter king and Zheng Yutong are like this. The more companies are valued, the more they get from the British and Americans. This is a valuation recognized by Bao Zixuan. You can’t object just after you come here!

1% is 2 billion US dollars. It is not easy to win a mining area. At this time, small and medium-sized shareholders can only find someone to rely on, otherwise they will not have the right to speak.

Zheng Yutong said: "The charter king and I hold 22% of the shares. Anyone who wants to join us is welcome. We want to get the rare earth minerals in southern Guangdong Province, so everyone should have no objections!"

Bao Zixuan suddenly said: "Shark Dan and you have a good plan. Southern Guangdong Province has the largest reserves and obvious geographical advantages. Don't think that if I don't lose my temper, I have no temper. You can't always think about yourself."

After all, Zheng Yutong is also a tycoon-level figure who has been famous for a long time. Not everyone can call him Shardantong. Although Bao Zixuan has the most wealth, at this age it is really inappropriate to call Zheng Yutong Sha Dantong.

At this time, Zheng Yutong looked very ugly, and he would have had to challenge Bao Zixuan on the board of directors.

The chartering king came out to smooth things over and said: "Sheng Bao, don't say that. I will make up for the difference by any amount. You decide the shares and you have the final say on the price. You must give us some options, otherwise we can just give them two." Good. Besides, you can also make choices, no one limits you."

You must know that Zheng Yutong is her partner, so of course she cannot just let others bully her.

Huo Yingdong also said: "Yes! Xiao Baosheng is the person who has made the greatest contribution here, and he should be the first choice. As long as it is according to the distribution ratio just now, I have no objection."

Then Dong Haoyun also came out to make peace, meaning that he had priority. This is what I want, otherwise I would have just made so much money with Shark Guts.

Bao Zixuan: "Since everyone has said so, I will say more. The steel plant belongs to me, and then the mineral deposits in Mongolia belong to me. At the same time, the name of Baohuodong Mining Company belongs to me. I will suffer a little loss, and I am willing to give up 28.34% of the shares. Exchange. In other words, my remaining 5% will either be given to me in cash, or it will be allocated to some mining company."

Although I knew there might be something fishy about the Mongolian mineral deposits, I had just said it out loud. No one can regret it, and they can only knock out their teeth and swallow it in their stomachs at this time.

Contracts with Australia and Brazil are signed in the name of Baohuodong Mining Company. Changing the company's name will cause a lot of trouble. Bao Zixuan does not want other unstable factors to arise and cannot give the Australians and Brazilians a chance to regret.

At the same time, Mongolia has the largest mineral reserves, even more than the other three combined. It's just that Bao Zixuan tampered with the detection report to prevent something from going wrong one day. It was just for emergencies, but I didn't expect to use it today.

Zheng Yutong said domineeringly: "Bao Zixuan, the charter king and I have taken over your 5% share. The US$10 billion will be paid to you later. We still have this strength."

When they heard that Shadantong really dared to spend 10 billion US dollars to buy shares, everyone thought that this person was crazy. Either there is a big financier behind it, so it seems that Chinatown Capital has begun to lay out China's mineral resources.

Bao Zixuan: "As long as the money is there, I don't care."

Huo Yingdong: "I hold 27% of the shares, so give me the mineral deposits in Bashu! I can sell the remaining 2 points to anyone who is interested.

Sure enough, it was Shark Tong who bought the shares again, making people feel that Wall Street capital has big intentions. Otherwise, why would we be willing to spend such a high price? Investing so much money is not just to help China with its construction.

The final result was that Bao Zixuan received the entire share of Mongolia's rare earth minerals, plus the deep sea steel plant, and inherited all the rights and interests of Baohuodong Mining Company. Huo Yingdong obtained the rare earth mineral deposits in Bashu Province. Dong Haoyun gathered several other small shareholders to obtain the rare earth mineral deposits in Jiangnan Province, 16% of which belonged to Bao Yugang and Zheng Yutong.

In other words, after paying a price of US$14 billion, the two of them obtained the rare earth mineral deposits in South Guangdong Province and 16% of the rare earth shares in Jiangnan Province. Definitely the biggest winner from the split of Baohuodong Mining Company; as for how many shares need to be allocated to the Americans and the British, it remains to be seen.

The share distribution ratio can only be like this, and there is no absolute fairness. Because rare earths are buried in the ground, no one knows what will happen in the end. According to the survey report, the shares are almost the same, and the initial investment has made a lot of money, so there is no need to worry about anything.

The matter was a foregone conclusion, Bao Zixuan said: "Now that the problem has been resolved, I hope that the people who caused trouble in Heiyun Bank will leave. If this happens every day, don't blame me for being rude. Everyone knows what the specific situation is, and there are not many here. Whatever you say, I hope you will do well."

Even if we don't talk about the chartering king and Zheng Yutong, they also know that they have to evacuate the people, and there is no point in staying. Bao Zixuan received a huge amount of funds, so he didn't have to worry about financial problems at all. Instead of consuming resources somewhere, it is better to let them go back to work.

Although it is a pity that the mining company is broken up, everyone knows it. The rest of the world, especially the United States, needs them to compete. Americans will never allow strategic resources to be monopolized by one company. The world is so cruel. If you fall behind, you will be beaten. There is absolutely nothing wrong with it.

Until rare earth mining was completed in other places, Mongolia's rare earth minerals were still being transported far and wide. Only then did everyone realize that they had been deceived by Bao Zixuan when they separated, and there was nothing anyone could do about it. They were the ones who made the mistake in the first place, and they couldn't blame others for their evil intentions.

It turns out that Bao Zixuan was thinking about possible separation on the first day he founded the company. It seems that this young man is really terrible!