Reborn in Hong Kong: The Tycoon Grows Up

Chapter 381 Shareholders Meeting

Everyone got up very early the next day; after all, today is the day when Baohuodong Mining Company holds a shareholders' meeting. This is related to their vital interests, and everyone is very concerned about it.

After arriving at the Heiyun Conference Room, these well-informed tycoons were once again surprised by the power of technology. Black Cloud can have such a function in a conference room in the deep sea, so what will it look like in Xiangjiang? It is estimated that it is a science fiction existence that can only be seen in movies.

This is a conference room that can seat about 30 people. Everyone has a microphone in front of them. This is not the most important thing. There is actually a small night scene screen in front of everyone. How much does it cost? And there are two large LCD screens right in front. This is another considerable expense. This conference room alone will cost at least $1 million. Is this a waste or can it really work?

Bao Zixuan originally arranged for Mr. Bao to sit at the main seat, but the old man refused to do anything. He just told Bao Zixuan that he was here to listen and that he didn't need to pay too much attention to it. The Bao family had no opinion on this matter and everything was up to them.

After everyone sat down, Bao Zixuan turned on the computer in front of him. At this time, the night scene screen also changed to the screen of the computer in front of him. Not only that, the screens in front of everyone also turned into one screen.

Bao Zixuan said: "What you are seeing is the revenue data of Baohuodong Mining Company as of yesterday. I will give you a few minutes to take a look at it first."

This group of Xiangjiang tycoons can be considered people who have seen the world, but after seeing the data of Bao Huodong Mining Company, they still can't believe it is true. We all know that this company has good profits, but we didn't expect it to reach such heights.

Bao Zixuan continued: "I believe everyone has seen the data. Baohuodong Mining Company's revenue in the past year was US$10.3 billion. US$4.2 billion was used in exchange for steel plant equipment; the remaining expenses after deducting costs, taxes and many other expenses , our profit was $2.2 billion."

In fact, this is mainly due to the fact that Mainland China has very low taxes in order to attract investment. However, Bao Zixuan also knows that there are some advantages that cannot be taken advantage of. After communicating with Huo Yingdong and others, he decided to pay full tax and not take advantage of the country. But even so, the data is still very beautiful.

Ye Deli said with a smile: "In other words, we got a giant steel plant for nothing this year and made 2.2 billion US dollars. Can I understand it this way?"

Bao Zixuan: "Ye Sheng is right, but it's not comprehensive. We also paid part of the mineral deposit and payment in advance."

Ye Deli: "I don't understand these reports very well. I just want to ask how much the Baohuodong Mining Company is worth now. Our investment has doubled. Mr. Bao, please tell me and it will make me happy."

Bao Zixuan: "If Ye Sheng is willing to give up now, I am willing to pay 3 billion Hong Kong dollars to buy the 1.5% of the company shares you hold. And it is in cash. How about cashing in after signing the contract. It's not just Ye Sheng, everyone is interested. I can buy shares at this price."

Zheng Yutong said with a smile: "In other words, the money we invested has doubled. Can you understand it this way?"

He couldn't help but feel worried. He had spent a lot of money to buy the shares and he didn't dare to slack off at all.

Bao Zixuan: "I can buy your shares at double the price at that time, if anyone wants to take action."

Stanley Ho: "Xiao Baosheng is the largest shareholder of the company, so don't pay attention to our small share."

Bao Zixuan: "With the completion of the first phase of the steel plant project, we will become the largest steel company in southern China from the second half of this year. China is currently engaged in construction. I discussed with Huo Sheng and Dong Sheng about the future company Not only will a large amount of U.S. dollars be received, but a large amount of Huaxia currency payments will also be received. After all, China has insufficient foreign exchange reserves, and supporting national construction is what we should do. This time next year there will be a large balance of Huaxia currency. What do you think?"

Li Chaoren: "These little boys can make up their own minds, I just want to know. We also have a good idea of ​​what the profits will be next year, and how to distribute this year's profits. We can't just leave them on the books all the time!"

Bao Zixuan's original plan was to spend no money in recent years. He did not expect that China's rare earth resources would be so easy to mine and that sales would be in short supply. The main reason was that the previous estimate was insufficient. After all, rare earths had been mined for many years when he knew about it in his previous life, which caused a loss of resources to a certain extent. But it would be a waste of resources to not use so much money in the account; since Li Chaoren has said that the problem must be solved, otherwise you will definitely suffer, and many people will come to find you.

Bao Zixuan: "I have a proposal. There is no large-scale investment now. Even if the company does not set aside any money, it will be enough for now. After all, funds come in every day. We will use US$500 million as dividends for everyone. In addition, we will spend another US$1 billion. As a project loan, a donation of US$200 million is also needed, starting with improving people's lives in rare earth mining areas. The remaining 500 million is used as a cash reserve to deal with the crisis. As for the Chinese currency, it can buy local specialties and bring them back to Hong Kong and Southeast Asia for sale. It can also be regarded as stimulating the local economy.”

Li Shauji: "Little Baosheng, everything else is easy to understand. What is the project loan?"

Bao Zixuan: "This is easy to understand. For example, Li Sheng has a good project. But the funds are not enough. At this time, most of you will choose to go to the bank for a loan. Not only do you have to be manipulated by others, but you also have to pay high interest. Bao Huodong Mining The company's money belongs to our own people. If you need to write a written document, you can lend the money. We only charge two levels of bank interest. To put it bluntly, it is just a handling fee. And I am not afraid that Li Sheng cannot pay it back. , when the time comes, you can use your shares to pay off the debt.”

After hearing what Bao Zixuan said, everyone's eyes lit up. In this way, many projects can draw money from this company with almost no interest; even if they lend money, they can make a lot of money.

Hu Yingxiang: "Xiao Baosheng, can everyone here apply, or should we apply based on the number of shares."

Bao Zixuan: "You can all apply. You are all long-established business tycoons. The number of shares does not matter. What I value more is the project itself. I can lend you money, but the premise is that you must have a good eye."

"If you use the borrowed money to make loan sharks to earn the difference, then I don't think anyone will tolerate you. Also, don't think about using the company's money to repay previous debts. If you are found out, you will be disqualified immediately."

Although Bao Zixuan has imposed many restrictions, he is the largest shareholder of the company. If he said that all the money should be divided, everyone would have nothing to say. Now that people can take out public funds for loans, they have already suffered a lot. In fact, Bao Zixuan's main purpose is to hope that these Xiangjiang tycoons can be more bold in investment. After all, there are many projects that he is not good at, and he does not want to take advantage of the British, so he can only let these Chinese business tycoons take action. What better way can he provide good bullets? All strong.

After there were no objections, the money began to be divided according to shares. Bao Zixuan holds 34% of the shares, with a dividend of US$170 million; Fok Yingdong holds 27% of the shares, with a dividend of US$135 million; Bao Yugang holds 17% of the shares, with a dividend of US$85 million; Dong Haoyun 10%, with a dividend of US$50 million; Zheng Yutong holds 5% of the shares, with a dividend of US$25 million; Hu Yingxiang 2%, with a dividend of US$10 million; Stanley Ho 1.5%, with a dividend of US$7.5 million; Yip Deli 1.5%, with a dividend of US$7.5 million; Li Chaoren and Lee Shau-kee both have 1%, each Each individual received $5 million.

It can be said that everyone is very satisfied with the first dividend of Baohuodong Mining Company. After all, everyone has more or less received the profit. For these tycoons, they may not care much about millions of dollars. They care more about the broad prospects of the company in the future. This is something that makes people happy no matter how much money they score.

Bao Zixuan knew that after the news spread back to Xiangjiang, more business tycoons would definitely have the idea of ​​​​investing in the mainland. This was enough. Many people believe that the newly opened mainland must be full of gold, and they want to look for any good minerals. Even if they don't have the luck of Bao Huodong Mining Company, they can make a fortune as long as they find metals that are not found in other countries.

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