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Chapter 1206: Chapter 1063: I Want 20% (Please Subscribe!)
On the vehicle.
Waite’s mood was different from when he arrived.
Having seen the Steel Factory,
and witnessing steel actually being smelted, he felt confident and was ready to rush back and pass the parliamentary resolution as soon as possible, implement the five agreed terms, and also start some projects to support the Steel Factory.
His expectations for the future,
had also improved a lot.
...
Right when Waite was leaving,
at the Provincial Capital of Bei Ji Province,
Fei Yi City,
Sadoke also received the news that Waite had visited the mining area there, which irked Sadoke a bit. Even if you’re the President, when visiting my territory, you should at least say hello.
Now coming without a sound,
and leaving just as quietly,
he really thought of this place as a Vegetable Market.
Of course,
he was just venting.
It was just a nagging irritation at feeling snubbed and somewhat ignored.
However,
Waite had already left.
Being the bigger person, he didn’t bother to take offense.
Following that,
Sadoke’s gaze shifted back to the mining area.
He had been paying attention to this mining area for a long time.
Sadoke himself placed great importance on basic industries, but things had always been done on a small scale. Despite having an industrial foundation, it was too outdated, with steelmaking still using extremely backward equipment.
It couldn’t compare at all with Tang Qing’s modernized Steel Factory.
Whether in quality or quantity.
For this reason,
he immediately convened a meeting,
to discuss how to secure a portion of the Steel Factory’s production capacity for himself. With so much high-quality steel, they had many projects that could be launched, and a lot of capital could be saved.
"Why don’t we just take over the Steel Factory?"
As soon as Sadoke announced that everyone should share their views, a subordinate excitedly suggested.
As soon as he spoke,
several of his subordinates chimed in, clamoring to take control of the Steel Factory, making the Chinese work for them, and when it came to money, they could just give a bit as payment, and even delay it.
However,
such people were in the minority.
Sadoke breathed a sigh of relief.
Thankfully, not all his subordinates were fools.
Otherwise, he would truly be in danger.
If others dared to mine here, it wasn’t because they feared his seizing by force. Sadoke was powerful, but not as powerful as money. These fools, they hadn’t seen the power of capital.
"Shut up," Sadoke said firmly.
The few who were shouting immediately fell silent as if chilled to the bone.
Not understanding what they had said wrong, they were all thinking of Sadoke’s interests.
"Remember, from now on think before you act, and don’t behave like bandits. We can’t use forceful tactics with this Steel Factory. What I need is cooperation, got it?" Sadoke reprimanded.
"Yes...yes..."
The few hurriedly replied, shrinking their heads, not daring to speak anymore.
The others were watching the spectacle from the sidelines.
If it could be snatched,
why wait until now?
But then they thought that these guys had just been transferred back from other places, which was normal. They were older, not as physically strong as the young, and might grow rebellious thoughts, so they had been called back to Sadoke’s side.
Such a display of a desire to stand out and be recognized was misplaced here.
"I suggest we talk to the Steel Factory. We’ll take twenty percent of their production," one said.
"We don’t have enough money, do we?" another asked.
"Are you dumb? We might not have money, but that doesn’t mean we don’t have minerals."
"They don’t lack minerals."
"They don’t lack them for the first phase, but what about the second or third phase? We can sell them cheaply, as long as we can trade for steel. Besides, the money we used to spend on importing steel, we can use to pay for part of the goods."
"That much steel, can we use it all up?"
"Absolutely, our Infrastructure is weak. Building houses, constructing bridges, and roads all need steel. If we can trade minerals for it, many of our construction projects can be started."
"..."
Sadoke looked on with satisfaction,
nodding continuously.
This now looks like proper business negotiation.
Rob, rob, rob, always thinking about robbing, you bastards, once a precedent is set, who would dare to invest here in the future? Luckily, I have some subordinates with working brains.
Half an hour later.
Sadoke decided.
First to visit the mining area.
If Waite can go, why can’t Sadoke?
...
So.
The very next day after Waite visited the mining area.
Sadoke’s convoy also arrived, even larger than Waite’s group, with an even more impressive line-up. Seeing the seemingly endless array of various military vehicles and soldiers, Guan Songhua truly tensed up for a moment.
However.
It was apparent.
Sadoke’s grander display than Waite’s showed an even greater fear of death. For this outing, Sadoke seemed to have brought all his personal guards, ready to show off.
"Mr. Sadoke, welcome," Guan Songhua greeted politely.
He then introduced the other two factory managers. Knowing Sadoke’s status, they too felt their knees weaken, mainly frightened by the convoy of vehicles behind him.
Uninformed onlookers.
Might think it was a robbery.
"Manager Guan, whatever you showed President Waite yesterday, I want to see today. Whatever he heard, I want to hear today," Sadoke demanded the same ’presidential treatment’.
"Of course, this way please," Guan Songhua replied with a smile.
Just like yesterday.
Guan Songhua talked through the whole journey.
The more Sadoke saw, the more he liked it.
If he weren’t so apprehensive,
he might have really wanted to take over the factory, but he knew the consequences would be severe. First, Waite would not stand idly by; second, Tang Qing would not let it go easily; and lastly, it would be hard to explain to the Black Prison.
"How much of your output did Waite take?" Sadoke inquired.
"That has not been specified, only a few agreements were reached," Guan Songhua briefly described the content of the agreements, all of which were soon to be made public, with no insider transactions involved.
After listening,
Sadoke nodded his head.
It seemed that Waite was also very measured.
He hadn’t taken the entire share, but had opted for a form of aid, otherwise, if Sadoke couldn’t secure a ton of steel today, he certainly would not let it go without a fight, and the steel factory caught in the middle would have a tough time.
"From now on, I’ll take twenty percent of your steel factory’s output," Sadoke stated directly.
Guan Songhua looked troubled, "This... I need to consult with the company’s higher-ups first."
Sadoke said, "Fine, ask them now. I can pay part in cash, and for the majority, I’ll trade with ore. We will handle the transportation, and we can also provide conveniences for your trade with neighboring countries."
"Yes,"
Guan Songhua had no choice but to make the call.
On the other end, Qu Shan, president of Wan Qing Mining, didn’t have the authority to decide either, so he contacted Tang Qing. Thankfully, it was the afternoon in Huaxia, and Tang Qing should have gotten out of school by now.
"...Chairman Tang, that’s the situation. Sadoke wishes to make the payment this way," Qu Shan relayed.
"Agree to it,"
Tang Qing agreed without hesitation.
In the short term,
Tang Qing hadn’t expected the steel factory to yield much return.
As he had told Chai Ren from the beginning, the steel factory was to roll over properties, and he wouldn’t take away the profits, which would be continuously reinvested to acquire more mineral deposits and other interests.
Money, that thing. 𝓃𝓸𝓋𝓹𝓾𝓫.𝒸ℴ𝓶
Just don’t lose too much.
"Should we propose some conditions?" Qu Shan asked.
Tang Qing nodded, "That’s right, press down on the price of the ore, and push up the selling price. As for how much, you decide. Get as much as you can."
"Understood," Qu Shan now had a clear idea.
This decision.
Was quickly relayed back to Guan Songhua.
Facing the issue of pricing,
Sadoke readily agreed.
As long as it wasn’t a demand for cash, everything else was a minor matter. They really didn’t have much US dollars or other national currencies to utilize; as for Congolese Francs, he was actually short on them too, and they might not even accept it.
With that settled,
Sadoke left in high spirits.
Guan Songhua breathed a long sigh of relief.
Both parties hadn’t made things difficult for him, and it turned out to be a happy ending for all.
Next,
Guan Songhua’s work was far from easy.
In Tang Qing’s plan,
The steel factory was not only about selling crude steel; it would also involve some related processing industries to consume part of the steel output. Otherwise, relying solely on selling crude steel would yield too meager a profit.
