NOVPUB
Chapter 356: Chapter 291: Money is Not the Problem (Please Subscribe!)_1
Regarding the mining business, Tang Qing came up with this idea on the spur of the moment.
It couldn’t be helped. Without an opportunity, it would be difficult for him to voluntarily venture into a new ’unprofitable’ industry. It would be a different case if there was a System Task, but currently, there is no System Task forcing him to step into industries other than loans.
Therefore, what he chooses to do can only be decided based on his interests or opportunities. For example, if it weren’t for the increasingly deep infiltration and growing influence in Thailand, coupled with Thailand being the largest rice exporting country in the world, he wouldn’t have ventured into the food industry so soon.
It’s the same with the mining business.
He wasn’t interested initially, but he had previously looked at Chai Ren’s detailed investigation data. Upon this meeting, he suddenly became interested in this line of work. Moreover, Myanmar is not just home to jade, jewelry, gold and other mineral deposits, but also abundant in various other metal and non-metal resources. On those thousands of square kilometers of land, it’s not unusual to find large mineral deposits, and some have already been found by the fighters.
These mineral deposits naturally can’t be left buried in the ground, they must be excavated. By then, related industries, equipment and production will need to be established there. Therefore, it is now time to step into the resource-based industry, consider it as accumulation. 𝒏𝒐𝙫𝙥𝙪𝙗.𝒄𝙤𝙢
Of course, his company won’t be involved in mining in Myanmar. Those resources will be controlled and mined, smelted and sold by the local fighters. All types of equipment will be taken care of by Wangsa, but not now. Roads are currently being constructed there, and other infrastructure, trade markets and more will be ready only after completion. Then they will begin excavating the other mineral deposits. According to the plan, the products smelted within a short time won’t even need to be exported, they can be consumed domestically.
Moreover.
After more than a month of investigation, customer data from several offshore centers around the world have been obtained by the fighters, and they have established a stable data update channel. This is updated every three days, and real-time updates are possible, but currently unnecessary. Initially, the plan was just to get the data, without a thought of infiltrating, and the registration systems of this era were not interconnected. In that sense, an update every three days is considered efficient and sufficient.
Through this data, the equity information of all major companies registered here is displayed in front of Tang Qing - it’s quite the muddle. Complicated cross-holdings are minor issues, cross-holdings of several offshore centers can be accepted, but the holdings information for dozens of countries going in and out is extremely complex. He doesn’t have registration information for other countries’ companies, and many companies’ equity information breaks off when traced to other countries.
Tang Qing had no choice but to deal with it, and hence, 300 million RMB was spent to establish a database for all global companies’ equity information. A stable update channel was also set up, both online and offline, to make the world a little more ’transparent’, as being in the dark was really annoying.
Through these investigations, Tang Qing also came to understand Chai Ren’s global business layout. It’s truly large and extensive, covering all kinds of minerals, especially iron and copper. One of his companies controls an enormous reserve which majorly contributes to domestic mineral resources, mainly in Africa and the Middle East. He is also involved in smelting and trade, and Tang Qing estimated his total assets to be nearly 5 billion RMB.
Why is it so less?
Because the shareholder information of this company shows eight people. As the chairman with the most shares, Chai Ren has only nineteen percent, and the total market value of this company is nearly 30 billion RMB.
Is that all of Chai Ren’s assets? Of course not. These are just the mineral assets. There are many more smelting companies and non-partnership mining companies. Conservatively estimated, Chai Ren’s assets have already exceeded 8 billion RMB.
Tang Qing also discovered a hint of the model used by Chai Ren, which is to follow domestic mining companies and take over foreign mines at low prices, almost like a mouse warehouse, but also compensating for the lack of funds or other problems faced by state-owned enterprises. Otherwise, even with Chai Ren’s strong background, no one abroad would take him seriously. The resource industry is not something that just anyone can venture into.
Tang Qing also slowly uncovered Chai Ren’s intentions, as they can be clearly seen from the financial statements of these companies. There are not too many profitable ones. Chai Ren is quite a good person, investing a lot of the earnings into local infrastructure construction and other aid projects, resulting in annual profits less than even moderate-sized state-owned enterprises. Nobody would do such foolish things unless they have other purposes in mind, a fact that Tang Qing quickly guessed.
Similar to him, yet different.
What Chai Ren wants is to protect the rights of his family and maintain his influence domestically.
What Tang Qing wants is a global influence.
After the third round of wine.
Nobody was drunk.
But the conversations had begun. Various anecdotes from here and there, Tang Qing just kept nodding his head, occasionally responding. He had no choice, compared to his social and life experiences, both Chai Ren and Liu Qian were leagues ahead. They were not even on the same level, what could Tang Qing do but listen? He didn’t enjoy talking too much anyway, listening to stories was much better.
"Come, it’s my turn now. Try this mixed fruit juice with six different kinds... wait, let me add some orange juice and cola to it," Chai Ren said excitedly, enjoying himself immensely.
They were playing a game of creating mixed fruit juice. Tang Qing, who had a stomach made of steel, was actually worried that Chai Ren might poison himself. But it shouldn’t be that bad, right? Tang Qing felt that Chai Ren was somewhat similar to Mu Jian, liking to stir things up.
"Cheers."
All three raised their glasses and finished their drinks in one gulp.
The taste was truly... indescribable.
A purely dark beverage.
Tang Qing guessed that both of them would have a stomach upset later.
While Liu Qian was in the toilet.
"Chai Dahshao, I heard you’re in the mineral business?" Tang Qing suddenly asked.
"Ah? What’s up?"
Chai Ren asked in confusion. He had mentioned it earlier, and now that Tang Qing was asking, there must be something up.
"Nothing much, just that my friend has some money and wants to ride on your coattails, just wondering if you’d be willing to give him that opportunity." Tang Qing chuckled lightly.
Tang Qing naturally wouldn’t turn down a free ride. Though he wouldn’t have full control in shares, he wasn’t after controlling rights for this company anyway. The company was just a link, after all. If you take full control of a link, it destroys the stability of the alliance of interests.
He just wanted a chance to step into this circle. The rest of the seven shareholders were not simple characters. Being acquainted with these influential second generation folks was advantageous. Liu Qian, of course, was an exception. He was nothing more than a minor project participant and could only get involved in the iron mine project.
His future resource industries would be controlled by an alliance of interests formed by the fighters, just like the grain industry, not entirely by him. He just needed a foothold in there. There was no need to attract hatred, after all it was all the same.
"Oh? Your friend is also interested in doing this?" Chai Ren asked curiously.
This kind of power and still wants to hitch a ride?
"Yes, it’s just that I don’t know Chai Dashao’s attitude. That’s why I was selected to be on the front line." Tang Qing nodded with a smile.
"Does he know about the mode of operation of my company? This won’t make him rich quickly and besides, I’m not the only shareholder. Convincing them is not that easy." Chai Ren introduced his company’s situation briefly, trying to make him back off.
"Of course he knows. Your company is called Yunqi Investment, which mainly deals with mining, along with you there are eight shareholders..." Tang Qing slowly revealed the information about the eight shareholders just to show off his power.
Indeed.
Chai Ren was shocked.
"What? How do you know? This is impossible." Chai Ren exclaimed.
This sentence exploded like a thunderbolt in Chai Ren’s ears. The look in his eyes when he looked at Tang Qing was like he had seen a ghost. The company was registered in the Cayman Islands’ offshore center, and the equity information was impossible to obtain unless another shareholder leaked it. They kept these things in utmost secrecy to avoid being attacked, but it had just been laid bare by a high school student, which left him dumbfounded for a moment.
"Nothing is impossible. It’s not even a huge secret, don’t you agree?" Tang Qing smiled mysteriously.
Tang Qing’s nonchalant expression left Chai Ren befuddled again.
Chai Ren was stunned for a few seconds, then took a deep breath to calm down and stared intently at Tang Qing saying: "Your friend has amazed me once again." He quickly came to terms with it, with such a powerful and mysterious bodyguard ’Yuan Brother’ and multiple others at his disposal. Considering this, he could accept any strange occurrences.
Tang Qing chuckled, saying, "You’re too kind. In fact, my friend isn’t very interested in making money. He’s more interested in things. Especially doing business with Chai Dashao, because it’s safe and you won’t create any problems."
Chai Ren thought for a moment and said seriously: "There won’t be a problem on my end, but I’ll need a strong argument to persuade the other shareholders."
Tang Qing chuckled, saying:
"About this, my friend told me two things. First, money is no issue, whatever the amount needed. Second, abroad he can offer some help."
"For example?" Chai Ren asked interested.
Tang Qing laughed: "Whatever you cannot do overseas, he can either handle it for you or provide help. I’m sure you’ve seen part of my friend’s power, right? What you see is just the tip of the iceberg. What he can do is far beyond your imagination. The specifics, you’ll only know after cooperation. He didn’t go into details with me, but I think these two reasons should be sufficient."
After hearing this, Chai Ren fell into deep thought. There were eight people in their company, each with their complexities. However, none of them dared to make grand claims like Tang Qing. In the domestic market, if they wished to, there was almost nothing they couldn’t achieve but overseas they were ineffective. Over there, they would be at a loss when problems arise.
Thinking of Tang Qing’s friend who had demonstrated incredible strength overseas, he felt quite tempted.
PS: The next Chapter will be very late, probably around midnight. You all can read it first thing tomorrow morning.
