Resource Tycoon Reborn

Chapter 700 Recalling the old things

"This time he is serious. Mr. Su slammed the table at the meeting and criticized the bosses of several major aviation manufacturing companies and their supervisors by name. He directly scolded them for occupying the manhole and not doing anything, and wasting their work without achieving results.

With the precious resources provided by the country, you were not present. Those people were scolded by the old man so much that they wanted to crawl under the floor." Chai Yan said with a bit of gloating, "The old man proposed it at that time.

Ask them to come up with a military order, and within three years, ask them to produce acceptable results, and clearly tell them that if they don't meet the standards by then, they will be kicked from head to toe and become ordinary civil servants!"

"Hiss..." Fang Mingyuan couldn't help but take a breath when he heard this. Mr. Su really went crazy this time. The official who could appear in front of Su Huandong was in charge of the aviation manufacturing industry, so he had to be above the department level.

It is also normal for cadres at the ministerial level. If they are kicked from head to toe after three years and go back to work as ordinary clerks, then for these people, there is probably nothing more terrifying than this.

"As a result, none of these people dared to agree at that time. As a result, it would definitely be unjustifiable if they were stuck with Qinxi Aviation Manufacturing Group Company again. I guess the rest of the process will be just a formality. After the Spring Festival next year, there should be more

This is a definite result." Chai Yan said with a smile. After that natural disaster, Su Huandong's voice in the central government has greatly increased. If he is determined to deal with a certain official, even if he is a ministerial official, there will be few

Individuals can withstand it.

"That's great! What Qinxi Aviation Manufacturing Group Company lacks most now is talent!" Fang Mingyuan exclaimed happily, but then his face darkened again.

"Don't worry, even if these assets are transferred to Qinxi Aviation Manufacturing Group Company, the company's equity will not change. The Fang family will be allowed to continue to inject capital into it and your rights will be guaranteed!" Chai Yan said knowingly,

Qinxi Aviation Manufacturing Group Company is now prosperous and in a good situation. Many people look at it with envy, but not many people dare to reach out. This is not only because of the strength of the Su family and Fang family, but also because everyone understands that Qin

Xi'an Aviation Manufacturing Group Co., Ltd. has received great attention from the above, and most of the future expectations of domestically produced large aircraft are pinned on it. Moreover, Qinxi Aviation Manufacturing Group Co., Ltd. has lived up to expectations. It only took a few years to go from loss to profit.

,The most important thing is that all the tens of billions of loss-making assets have been liquidated, which has saved the country a lot of losses!

And these people also understand that Fang Mingyuan played a vital role in making Qinxi Aviation Manufacturing Group what it is today, and if Fang Mingyuan is deliberately suppressed in terms of equity, it will not only leave people with unfinished business.

In addition to a series of negative and even evil influences such as hiding, ingratitude, greed and shamelessness, no one is confident that Qinxi Aviation Manufacturing Group Co., Ltd. can continue to operate smoothly. Rather than leaving this company that has just begun to lay golden eggs

If the hen is destroyed, it is better to leave it in Fang Mingyuan's hands first and see how Fan Mingyuan takes the next few steps. Chai Yan is very clear about the psychology of these people, but she also understands that with the development of Qinxi Aviation Manufacturing Group Company

As its performance gets better and better, more and more people will "care about" it.

Fang Mingyuan secretly let out a sigh of relief. It wasn't that he didn't trust anyone, but that historically, the country's credit record in this regard was so bad that it couldn't be trusted.

The conversation between the two turned to China Aluminum Group's acquisition of Rio Tinto Group's shares and the sharp decline in Rio Tinto's stock price. Although talking about these things, Fang Mingyuan has always arranged for people to keep an eye on them.

But Chai Yan still told him some things that were unknown to outsiders.

"Aunt Chai, to be honest, I am not optimistic about the acquisition of Rio Tinto by Huaxia Aluminum Group. Now after listening to what you said, I think more and more that it is impossible for Australia to agree to Huaxia Aluminum Group.

The company continues to expand its shareholding ratio in Rio Tinto Group." Fang Mingyuan frowned. Huaxia Aluminum Group is a state-owned enterprise, and Australia was originally worried that China Aluminum Group's acquisition of Rio Tinto would threaten the

The country is safe, and the status of Huaxia Aluminum Group Company as a central enterprise also makes Rio Tinto Group Company worry that it will be unequally crushed in the future. With Huaxia Aluminum Group Company’s annual profits and assets, it is simply impossible to get it from the West.

Banks have borrowed tens of billions of dollars to invest in Rio Tinto Group! From the perspective of Westerners, this is enough to show that Huaxia Aluminum Group, as a Chinese state-owned enterprise, has received strong support from the Chinese government.

The "prejudice" of Western countries, led by Australia, towards Huaxia Aluminum Group Co., Ltd. is not a secret internationally. I believe that these managers of Huaxia Aluminum Group Co., Ltd. must also be its chairman. Regardless of the status of the two major companies at that time,

Regardless of the outcome of the negotiations, he will be transferred to the State Council in the middle of next year. Isn’t this taking the initiative to hand over a knife to the Rio Tinto Group?

Moreover, he once reminded Huaxia Aluminum Group Company through some channels not to set the liquidated damages too low. Since we are actively requesting the acquisition, the probability of breaking the contract after signing is extremely low, so we must beware of the other party breaking their promises.

Increasing the other party's cost of breaking the contract is undoubtedly the most effective one. But judging from the news Chai Yan learned here, Huaxia Aluminum Group Company did not take his reminder to heart.

"Some people just don't hit the wall and don't look back. No matter how hard you remind them before they hit the wall and bleed, it will have no effect." Chai Yan snorted coldly, "You think you are helping to remind them that they

I thought you were getting in the way." After being in the officialdom for so many years, Chai Yan has seen too many similar things.

"It's not their money that's lost anyway!" Fang Mingyuan sighed, "They don't have to take any responsibility for this anyway."

"That's right, that's it." Chai Yan clapped her hands lightly and sneered, "That's why so many people are willing to be officials, because they can spend other people's money and they don't have to be responsible."

"Cheers!" Vicki and Westbrook toasted in celebration at the Rio Tinto Group headquarters building in London. Just three hours ago, they formally reached an agreement with China Aluminum Group Company on behalf of Rio Tinto Group.

Huaxia Aluminum Group Company will acquire 10% of the shares of Rio Tinto Group Company. If all goes well, plus the 2% of shares it previously owned, the total shares will become 12%.

The largest shareholder of Rio Tinto Group!

"Also the most incompetent major shareholder!" Westbrook sneered. Although they own 12% of the shares of Rio Tinto Group, they cannot join the board of directors, and they cannot get approval from the Australian Foreign Investment Review Board.

Absorbing more shares will not change your situation in the Rio Tinto Group. It is not a threat to the current board of directors, which is why the board of directors of the Rio Tinto Group agreed to this agreement.

In the eyes of *Vitch and Westbrook, this result could not be better. They not only received funds from China Aluminum Group Company to tide over the difficulties, but also did not allow China Aluminum Group Company to gain any real power. At most, they could

Just pay more and get some dividends! But for people like them, annual dividends are important, but the most important thing is their voice and influence on Rio Tinto Group, the iron ore mining industry, and many downstream companies!

*Vitch winked at Westbrook and smiled: "It's still early when you say this. The final execution value of this agreement may be as high as more than 10 billion US dollars, but the liquidated damages are only one percent..."

Westbrook laughed knowingly, and felt a little proud in his heart. It was precisely because of his skill that the representatives of Huaxia Aluminum Group Company signed the agreement for such an unfair agreement.

"I believe that once this news is announced, it will be a shot in the arm to boost our sluggish stock price." *Vicci said while taking a sip of the red wine in his glass.

Today's Rio Tinto Group Company urgently needs some good things to boost its stock price in both places. It has been more than half a month since BHP Billiton Group Company announced that it would give up the acquisition of Rio Tinto Group Company. Rio Tinto Group Company in Australia

The stock price in China and the UK has fallen to sixteen pounds per share. Compared with its peak, it has fallen by at least 75%! Moreover, these days, various scandals have emerged one after another.

It has also caused everyone in the Rio Tinto Group to be troubled. The sharp decline in the stock price has also put Rio Tinto Group under great financial pressure today. Although it is not facing the same dilemma as Hong Kong's Baifusheng Investment Company, these days are also

It’s a hard time. I don’t know how many people have been watching Rio Tinto Group’s jokes.

In fact, neither Vicky nor Westbrook likes that Huaxia Aluminum Group has become a major shareholder. Although Huaxia Aluminum Group has no say in the company's board of directors, everyone knows that behind it, there are

But it is the Chinese government! And no matter how poor the Chinese government is, it still has some scraps and scraps, which are enough to crush the shareholders of the Press Development Group Company. But they have no choice now.

Rio Tinto Group's stock price has fallen sharply in both places, and there is still no sign of official stabilization and bottoming out. A large number of stocks have changed hands, including board members. Several directors have decided to resign as directors without having to do so.

Without re-electing directors, even Rio Tinto itself, after initially using funds to repurchase a large amount of shares to stabilize its stock price, had to release these repurchased shares again in exchange for liquidity.

Although there is no exact result, both of them know that after this turmoil, 80% of Rio Tinto Group's shareholder composition will undergo a major reshuffle, and a large number of new shareholders will emerge...

The news of the formal signing between Huaxia Aluminum Group Company and Rio Tinto Group Company was just as Vicky and Westbrook had imagined. Once it was announced, the stock price of Rio Tinto Group Company on the two stock markets immediately stopped falling and rebounded. That day

That is, it rose slightly to a price of nearly seventeen pounds per share.

However, before the members of the Rio Tinto Group's board of directors could celebrate, the British media "The Times" suddenly revealed the "Shui Zhizhong Incident" that had tended to subside!

The Times reported extensively on the "Shui Zhizhong Incident" that occurred a few years ago and involved some past events of the Rio Tinto Group. For example, for many years, before Shui Zhizhong was arrested by the Chinese police, he

Many people represented by the Communist Party of China used unfair means to bribe the management departments and production company insiders of China's steel industry, spying and stealing China's national secrets, causing significant damage to China's national economic security and interests. Moreover, with water

These people represented by Zhizhong also "poached" a large number of experts and public relations personnel from China's major domestic steel companies and government management departments with high salaries, and lobbied the management departments and important companies of China's steel industry for them, and inquired about

State secrets. In order to achieve this goal, these people led by Shui Zhizhong also used many methods including heavy bribes, seduction with beautiful women, etc. to achieve their ulterior motives...

This news brought the "Shui Zhizhong incident" that had already withdrawn from people's attention once again to the attention of the world. It also shocked the three major mining companies including Rio Tinto Group Company. If it is said

A little-known tabloid report on Rio Tinto Group Company can be ignored, but The Times has always been considered the most mainstream newspaper in the UK and is known as the "faithful recorder of British society".

It plays an important role in British domestic politics and international relations, and can even be said to have a huge influence on global politics, economy, and culture.

And that's not all. Together with The Times and The Daily Telegraph, they are collectively known as the three major newspapers in the UK. As synonymous with serious, credible and independent news, they are national comprehensive newspapers positioned in the high-end market.

The content daily British "Guardian" also reported a heavy news on the same day. Australia's former ambassador to China broke his silence and confirmed the scandal of Shui Zhizhong, an employee of Australian mining giant Rio Tinto Group in China.

Attributed to Rio Tinto Group's management's "trampling on corporate governance"!

In an interview with a reporter from The Guardian, the former Australian ambassador to China also severely criticized the Rio Tinto Group, believing that the "Shui Zhizhong Incident" exposed Rio Tinto Group's long-term management loopholes, and this incident also

The brand of Rio Tinto Group has been damaged and Australia's international image has been tarnished. However, so far, the punishment for the management personnel of Rio Tinto Group has been insignificant, except for Shui Zhizhong and others who were tried by the Chinese judicial department!

(To be continued.)

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