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Chapter 1216: Chapter 1073: Congo United Power Grid Company (Subscribe please!)
February 27.
The tenth day of the first lunar month.
The festive atmosphere gradually faded away.
Office workers had been back at work for three days now. During these days, Tang Qing had stayed in the manor, facing wave after wave of visitors, already adept at handling them with ease.
To live in this world,
Wishing to stand apart from it.
But he had been immersed too deeply.
That morning, 𝖓𝔬𝔳𝔭𝔲𝔟.𝖈𝖔𝔪
Tang Qing had just taken up his fishing rod,
Preparing to spend the whole morning by the lake, when he received a call from Chai Ren.
"Tang Qing, how’s the power plant coming along?" Chai Ren asked.
"The total investment is five billion RMB, but the shares aren’t allocated according to the investment amount. The five billion is cash demand because we’ll be involved in construction, operation, and acquisition, holding only 50% of the shares, one billion per share," Tang Qing continued.
"The other 50% of the shares will be divided according to each party’s contribution. Exactly how is still under discussion because not all shareholders have been determined yet."
"No problem," Chai Ren could understand.
This matter he wanted to succeed in,
Money was secondary to him.
The real difficulties were other trivialities, such as local relationships, deterrence forces, etc., things that even money had trouble resolving. Five billion RMB showed that Tang Qing was indeed about to undertake something big.
"Who are the other shareholders?" Chai Ren asked curiously.
Tang Qing shook his head, "I can’t tell you yet because some people haven’t agreed on terms. We’ll need to wait for a few days. There will be a shareholder meeting then, all shareholders will be in attendance."
"Okay, I’ll wait for your news. Is there a limit on cash subscriptions?" Chai Ren asked again.
"No single shareholder can exceed ten billion," said Tang Qing.
"Not bad; I couldn’t produce more than ten billion anyway," Chai Ren laughed, even though he might not reach a 10% shareholding in the company, at least he was in the game.
This time Tang Qing’s pull.
Definitely included some influential people, otherwise two days before, Congo Gold, which had always operated a state-owned power grid, would not have amended the "Electricity Law," allowing private enterprises and capital to enter the electricity sector.
Being able to manipulate Congo Gold into changing the law.
That was freaking awesome.
Such a ruthless person,
Building a relationship with him
Was already a win.
He was very much looking forward to seeing who Tang Qing would bring in.
...
Congo Gold,
Bei Ji Province,
Inside a manor in Sadoke,
Inside a building...
"Bang bang bang..."
Intense gunfire sounded.
Sadoke was practicing shooting.
Beside him was a man in a suit, the same fighter who had sold him the production line last time and had since acted as his contact with the Black Prison, providing him with plenty of intelligence and equipment support.
Just now,
The fighter had already informed Sadoke about the power grid news.
"You want me to join? Aren’t you afraid Waite won’t be pleased?"
Sadoke was flabbergasted.
What was his identity? Bringing him into a partnership, what was the difference from discomfort?
"In our eyes, both you and Waite are on the same path; you both want to see this country eventually rid itself of the world’s impression of poverty, ignorance, backwardness, and chaos. Your initial objectives don’t conflict," the fighter said.
"We are on the same path?" Sadoke said, trying to suppress a laugh.
This perspective.
It was the first time he heard it, but what the fighter said was quite agreeable to him; everyone has ideals and ways to achieve them, and Sadoke thought his way was more correct.
The fighter nodded: "In our eyes, yes."
"Heh, only you dare to speak to me like that; others are very afraid of me," Sadoke laughed.
"Fear stems from the unknown and the weak," the fighter bluntly spoke, almost as if saying you’re not strong; we know you well.
"You still don’t know how to speak nicely," Sadoke said wryly.
"Thank you for the compliment," the fighter replied.
"..."
I wasn’t complimenting you.
"Alright, I agree. What do I need to do?"
Sadoke saw this as an opportunity he didn’t want to miss.
"All existing power grids in Bei Ji Province are to be consolidated into one company. You provide 49% of the shares in exchange for 5% of the shares in the new company, which we will operate."
"If you are willing to invest, you can hold more," the fighter said.
"Only 5%?"
Sadoke was a little angry.
"That is already a lot. The current power grid in Bei Ji Province barely has any more carrying capacity. If it wasn’t for your interests, these soon-to-be-updated power grid infrastructures would be almost worthless."
"You’re building new ones?" Sadoke asked.
"Of course, we have surveyed; here the power main grid is almost worthless, the facilities are outdated, and the layout is chaotic. Our plan is to tear it all down and use more advanced power grid technology."
"Even the equipment of the power plants needs to be completely replaced."
"..."
Sadoke had no words at that moment.
It was nearly being said to his face that his power grid was trash.
It wasn’t worth anything in their eyes.
They were considering his dignity now, so they gave him a 5% converted rate. Sadoke was feeling very upset; the power grid he had built with so much effort was called worthless.
Fine.
If really everything needed to be replaced,
Then those things indeed would be worthless.
"Okay, I agree. As for the investment, how do you calculate it?" Sadoke wasn’t one to dither.
"Less than fifty million U.S. dollars. Due to your unique circumstances, you don’t need to provide actual funds. In the future, you can slowly compensate for the construction of new power plants, coal supplies, etc.," the fighter explained.
"Negotiating with you, I never get the better deal," Sadoke said, smiling.
The fighter: "Thank you."
"Alright, I agree. I will sort things out these next few days," Sadoke said.
"Thank you. We’ll inform you when the shareholder meeting is convened."
"Do I need to be there in person?"
"Of course not. A remote meeting will suffice; we will provide encrypted communication."
"Who else are shareholders?"
"You will find out then."
"Alright."
"Farewell."
"Mhm."
After the fighter left,
Sadoke didn’t continue with his shooting practice but went to the break area and brewed a cup of Tribute Tea, which the steel factory had sent during the Chinese New Year, claiming it to be exquisite. To be honest, he had never tasted such fine tea.
With a sip,
The fragrance filled his mouth.
He knew that Tang Qing was also within the investment scope this time. Before, he thought he understood Tang Qing, but now he’s increasingly unsettled. The steel factory, the power grid—Tang Qing seemed not to be here to make money but to help them make money.
There must be deeper reasons behind it.
"Boss, you called for me."
"Mhm."
"Within three days, consolidate all our power plants and power grid facilities into one company. By the way, carry out a concentrated statistics roundup of the existing power grid infrastructure; I have a use for it."
"Yes, boss."
Watching his subordinate leave,
Sadoke smiled slightly, curious to see what they would come up with.
...
The next day.
Morning.
A company named "Congo Union Power Grid Corporation" was established in Kinshasa, the capital of Congo Gold. The company’s registered capital was only ten thousand U.S. dollars, with only one shareholder. However, its office location was more than five hundred meters away from the Presidential Palace.
