Reborn in Hong Kong: The Tycoon Grows Up
Chapter 675 The royal family’s gamble
Prince Sultan's proposal was unanimously approved. After all, it was the best way at the moment. This once again confirmed Crown Prince Abdullah's idea of abdicating his throne, but he also knew that some things had to be done in advance. Now that the decision has been made, it is better for good people to follow through. It will be more perfect to talk about giving up the position after all obstacles have been removed.
Crown Prince Abdullah: "Now that it has been decided, we need to negotiate with Heiyun Group. Although Saudi Arabia provides the money, there are other countries that are interested in these technologies without Saudi Arabia. And I always feel that Heiyun Group does not have funds. I just don’t want to take it out.”
In fact, this problem has been bothering him, but he can't say why Bao Zixuan did this and what his purpose was; probably only he himself knows.
Not only Crown Prince Abdullah, but also members of the Saudi royal family have this idea. If you don’t have money, you can get a loan. With Heiyun Group’s revenue and Bao Zixuan’s personal charm, no bank will refuse. But this young rich man didn't do this. What did he want?
Fortunately, it is now in favor of Saudi Arabia, and everyone can only pretend not to know. Everyone has secrets, and it’s not good to ask too many questions.
Prince Sultan quickly added: "His Royal Highness the Crown Prince and I have reached a consensus with Bao Zixuan that Yulin Institute of Technology will establish a branch in Saudi Arabia. In other words, Saudi Arabia will have a world-class science and engineering university, and the scientific research projects involved will be Study inside.”
Only when the school is established on Saudi soil can it be guaranteed that things will be done even if it costs a lot.
After hearing what Prince Sultan said, the royal family members felt that this was really a good idea. In the future, Saudi Arabia will not only have the top science and engineering institutions, but it will also guarantee scientific research results. The research results are shared by both parties. In Saudi Arabia, even if Bao Zixuan is very powerful, they cannot take it away. Heiyun Group is just a company, which is much better than cooperating with the Americans. At least Saudi Arabia can still control one or two of the right to speak.
King Saudi Arabia: "Very good. How many shares do you think Saudi Arabia can take out?"
Now it involves interests and the future profit distribution of royal members. It was Crown Prince Abdullah who spoke first: "Saudi Arabia can pay 30%-35% of the shares, I mean all projects."
"This is still under the condition that Heiyun Group does not pay. If Bao Zixuan agrees to pay, Saudi Arabia's shareholding will be further reduced. Aramco's approach can be adopted. Although there will be some losses in the early stage, for a country, the future is It’s something to consider.”
During the oil crisis of the 1970s, Aramco produced as much as 300 million tons of oil per year and successfully raised oil prices, thereby improving the Saudi government's position and putting it in a more favorable position in its fight against American companies. At the same time, the company began construction of the overall natural gas system. In 1972, Aramco finally agreed to the Saudi government's equity participation request. In 1973, the Saudi government participated in 25% of Aramco's shares, which increased to 60% in 1974 and reached 100% in 1980. After the Saudi government acquired all shares of Aramco, Aramco was still operated by four U.S. companies in accordance with the original concession agreement. The U.S. companies were also responsible for selling crude oil that the Saudi government was unable to sell.
After hearing what the crown prince said, everyone knew that this was the best way at the moment. Now that Aramco’s shares can be slowly recovered, it will be easier to recover the shares of technology companies held by Heiyun Group.
Even the powerful Americans would give in, let alone the baseless Bao Zixuan and Heiyun Group. Don’t worry if the shares given in the early stage are high, they have the strength to repurchase the shares. Therefore, the crown prince's proposal was quickly adopted, and the next step was how to negotiate.
King of Saudi Arabia: "One thing is worth nothing. Crown Prince Abdullah and Prince Sultan are still negotiating with Bao Zixuan. Just follow your plan. I hope the matter can be concluded as soon as possible."
"At the same time, starting next month, the monthly living expenses of royal members will be reduced from US$3,000 to US$1,500. This is not just for one person, but for all royal children. I hope everyone can overcome the difficulties and wait until the royal family has sufficient finances in a few years. Make up for everyone.”
Although he is a king, he does not dare to go too far. Even if it is only reduced by half, many people will be dissatisfied with him. If it is reduced by more, the royal children may cause trouble.
But it won’t work without reducing it, and the Saudi royal family’s funds will definitely not be able to support it. Oil is very profitable, but for Saudi Arabia, only oil can make money.
Early the next morning, Crown Prince Abdullah and Prince Sultan came to the villa. Prince Sultan was disappointed to learn that nothing happened last night. Ayesha is a great beauty, but is Bao Zixuan a man?
But now is not the time to talk about the personal relationship between children, we should finalize the project first.
Bao Zixuan turned on his computer, and the project investment plan and data he compiled last night appeared on the projector. Looking at the clear data report of the regulations, Bao Zixuan's eyes were red. The two of them knew that this guy must have stayed up very late to finish writing, and there was nothing he could do with his work attitude.
Crown Prince Abdullah: "We admire Mr. Bao's professionalism. Saudi Arabia can spend up to 30 billion U.S. dollars every year. Domestic development will be affected. I hope you can understand."
Bao Zixuan didn't expect Saudi Arabia to be willing to spend such a large sum of money. Once it fails, Saudi Arabia, which has a lot of money, will be greatly affected. Moreover, if US$30 billion is spent every year, investment in other projects will inevitably decrease. Especially U.S. Treasury bonds, not much can be bought.
Bao Zixuan: "US$30 billion is not a small amount. I see the sincerity of Saudi Arabia. Heiyun Group will provide technology and equipment to launch these projects. Therefore, the share issue needs to be negotiated, and the brothers have to settle accounts clearly."
Prince Sultan: "Yulin Institute of Technology will establish a branch in Saudi Arabia, which is also a prerequisite for cooperation."
Of course Bao Zixuan understood what the Saudis meant, so he said with a smile: "No problem, Yulin Institute of Technology will establish various project laboratories in Saudi Arabia. I hope Saudi Arabia will cooperate."
Crown Prince Abdullah: "There is no problem with these. Saudi Arabia will do its best to meet the requirements of the Black Cloud Group."
Bao Zixuan: "Heiyun Group needs to hold 34% of the shares. I am a very direct person; this is my bottom line, otherwise Heiyun will not invest if I don't have any say."
In fact, Crown Prince Abdullah also knows what Bao Zixuan means. Only one with more than one-third of the shares can have the right to speak. Otherwise, he will be bullied by the major shareholders. This young man is not a master who can be manipulated by others.
Crown Prince Abdullah said with a smile: "There is no problem. Saudi Arabia will allocate the funds required for each project to invest. At the same time, we hope that both parties will jointly establish a joint venture company, and the registered place must be in Saudi Arabia."
In this way, the largest enterprise in Saudi Arabia was established, and its scale would even surpass Saudi Aramco in the future. This is something that the Saudi royal family never dreamed of, but in the end they still didn't understand why Bao Zixuan chose Saudi Arabia.
Mr. Bao did not expect that Saudi Arabia would be so happy. It seems that negotiations with local tycoons are very efficient. Although the top management has reached an agreement, there are still many things to do in the future. Then there is no need for them to come forward; the subordinates will manage the contract to bind the rights and obligations of both parties.
It can be said that this is a big gamble for Saudi Arabia. If the gamble wins, everything will be easy to say. If the bet fails, Saudi Arabia is likely to be in trouble, and it will be difficult to get out of it in a short time.
Americans are still waiting for Saudi Arabia to buy U.S. Treasury bonds, and now in order to develop their own scientific research projects, they still have excess funds to purchase U.S. Treasury bonds. According to Americans' habitually arrogant and domineering character, it would be strange to be able to look good on them. It will inevitably affect relations with the United States and make so many years of efforts go to waste.
Members of the Saudi royal family are bound to be dissatisfied as their living standards decline. It's okay now for the sake of national development, but once the project fails, they find that lowering living standards has not changed Saudi Arabia's economic, industrial, and scientific and technological conditions. Maybe they will all rebel, because there are so many members of the royal family, and everyone has their own little Jiujiu in their hearts!
As the big brother in the Arab world, Saudi Arabia did not fully support Iraq during the most critical period of the Iran-Iraq war. Instead, it used most of its funds to develop its own industry and technology. Such a selfish boss can convince the public, and other Arab boys will be obedient. These are all troubles.
Even so, the royal family still chose to believe in Bao Zixuan and the Heiyun Group. This is really rare, and the richest man Bao must be worthy of this trust.
Due to too many interests involved and the principle of confidentiality, the two parties did not hold a press conference. If the United States knew that Saudi Arabia invests so much every year, it would not immediately stand up against it.
For now, we still need to keep it a secret as much as possible. No one can say how long it can be hidden. But being able to hide it for one more day is a victory. Once the project is formed, it will be difficult to stop it.
You'll Also Like
-
The Cannon Fodder Heroine Strikes Back Online
Chapter 766 2 hours ago -
No way, I’m invincible, and the horror game is just coming?
Chapter 2411 3 hours ago -
Mystery: The Extraordinary Journey Starting from an Angel
Chapter 356 6 hours ago -
Hogwarts: I rely on MC to pretend to be an alchemy professor
Chapter 106 8 hours ago -
Being robbed by her bestie, she married an officer and got pregnant with twins, but she won by lying
Chapter 435 8 hours ago -
Do Not Disturb Ascension
Chapter 181 8 hours ago -
Naruto: His comprehension is beyond belief, shocking the ninja world!
Chapter 153 8 hours ago -
Female supremacy: After the beauty counterattack, the senior sister regretted it
Chapter 192 15 hours ago -
Pokémon: Start as a Pirate!
Chapter 387 15 hours ago -
At the beginning, take down the protagonist's mother and get a double pupil as a reward
Chapter 138 15 hours ago