Chapter 396 Investing in Konkola Copper Mine

Not only Nigeria has proposed such huge preferential conditions, but other African countries such as Chad, Cameroon, Sudan, Cote d'Ivoire, Ethiopia, Tanzania, Kenya, Mozambique, the small countries of Ivory Coast, Zambia, Uganda and other countries have also given such huge preferential conditions.

discount.

In order to attract foreign investment, African countries are also working hard!

"Hiss..."

After hearing these words, Hu Yang suddenly felt a bit of toothache. Is this a business? Are you sure it's not a game of Warring States Period?

"Manager Yu, in that case, I am mobilizing some security personnel from China. From now on, we will also equip the security personnel with necessary weapons. You will handle the specific procedures."

A toothache is a toothache, but there is a Chinese proverb that says, "When in Rome, do as the Romans do." So just go with it.

Next, Hu Yangyou listened to Yu Yue's report on the preliminary base station site selection, optical cable laying and other issues. He did not leave the office until noon.

"Ajie, can you find a way to recruit enough people?"

Increasing security personnel will require a lot of additional costs, but Hu Yang thinks it is worth it. After all, human life is more important than heaven.

"It's not a big problem. I'll call back and let Awen take charge of the matter. They can come over in ten and a half months."

Hu Yang plans to recruit 10 more security personnel to be stationed in Africa. Of course, these newly recruited personnel will all belong to Mingkang Communications.

After returning to the hotel, Hu Yang and his party had something to eat in the restaurant and then went back to their rooms to rest.

Hu Yang also took a nap for more than half an hour, and then he was woken up by a phone call. The call was from Wu Gang. He asked Hu Yang if he was free now. He and Xia Guoheng wanted to come to the hotel to visit.

"Then you guys come over here, I just have nothing to do in the afternoon."

Hu Yang did not expect Wu Gang and Xia Guoheng to be so urgent. He originally planned to wait until Gao Mingkang was transferred out of the intensive care unit before contacting them.

"Okay, we can get to the Radisson Hotel in about an hour."

Wu Gang put down the phone, went to find Xia Guoheng, and then they set off together to the Radisson Hotel.

Hu Yang lives in a business suite with a reception room. When Wu Gang and others arrive, they can discuss things here.

Populus euphratica put down his cell phone, walked to the desk, and took out a map of Zambia from the drawer. The map was in English, and Populus euphratica had marked the location of the Konkola copper mine on it.

Hu Yang didn’t have much impression of this copper mine. But he remembered a classic case from that time and space. The domestic mining giant Zijing Mining invested 2.5 billion yuan in purchasing a copper mine in Africa. A few years later,

With continued in-depth mining, the proven copper reserves have also increased a lot.

According to the evaluation, the copper mine owned by Zijing Mining is worth one trillion yuan, and its assets have increased many times in ten years.

Of course, this assessment may not be very accurate, but it also reflects the irreplaceability of mineral resources from one aspect.

"Mr. Hu, don't be surprised if we come uninvited. I don't like to play tricks. I can't let go of something. I wish I could solve it right away."

Xia Guoheng still looked carefree, but Hu Yang was good at observing people's hearts. Anyone who thought Xia Guoheng was a big boss would probably be tricked to death by him.

"Lao Xia, Mr. Hu is not a stingy person at first glance, how can he be so strange? Stop talking nonsense and sit down quickly."

Wu Gang sat on the sofa with a smile on his face. He and Xia Guoheng had always been good at singing the good side and the bad side, and they cooperated tacitly.

Hu Yang shook his head with a smile and said: "Mr. Wu, Mr. Xia, we don't have to do this anymore, right? Hurry up, take out the investment plan and let me see it. Even if it works, the investment doesn't work. We are just a simple person."

people."

When Xia Guoheng heard this, he couldn't help laughing.

Wu Gang also smiled: "Lao Xia, what did I say before? Mr. Hu is a top expert in the investment field. Some of the little tricks and tricks we are used to are completely useless here. Mr. Hu, don't mind,

We were just joking with you."

At this time, Xia Guoheng opened his briefcase and took out a stack of information.

Hu Yang took the information and began to read it carefully.

The Konkola Copper Mine has been operated by a British-American joint venture mining company in the past few years, but this company did not catch up with the good times. The price of copper has been falling in the past few years, and the mine has been in a state of loss.

At the end of last year, the company couldn't stand it any longer, so it withdrew its capital and left.

Seeing this as an opportunity, Xia Guoheng and Wu Gang jointly established Huagang Mining Company and took over the Konkola Copper Mine and all equipment and facilities.

"Mr. Hu, take your time and take a look. I'll tell you about some situations casually."

When Wu Gang saw Hu Yang starting to look through the information back and forth, he added a few words.

He and Xia Guoheng were both outsiders in the mining industry before, and the management team they took over was simply a bunch of scumbags. After they re-hired the management team, they discovered a problem. If they wanted to make a profit in the current price range, the mining farm's

The scale must continue to expand.

But Wu Gang and Xia Guoheng did not have sufficient funds, so they thought of seeking financing.

"Boy, who will do this with only 39% of the equity raised in a financing amount of US$400 million? In addition, what you plan to seek is financial investment? The company's business does not allow outsiders to intervene at all. This is a bit too much."

Unlike in China, there is no problem in making financial investment in Populus euphratica in China. This is in Africa. It will be difficult for him to effectively supervise after investing so much money and not being allowed to participate in management.

Xia Guoheng and Wu Gang looked at each other and had a preliminary understanding of the power of Populus Hu. They had also looked for other investors before, but the ones they met were either not strong enough or were too aggressive, and in the end they failed to negotiate.

As time passed by, the two of them became increasingly anxious.

"Mr. Hu, you are an expert, and we won't do those fancy things in front of you. Just make an offer and we'll see."

Xia Guoheng asked Hu Yang to become a monk just to see how big his appetite was.

"$400 million investment, 49% equity, two board seats, operations and finance need to be mine!"

Hu Yang put down the information in his hand and stated his conditions with his fingers.

"Hey, let me tell you, you are more ruthless than those people!"

Wu Gang was almost angry. He looked furious and put pressure on Hu Yang.

Hu Yang rolled his eyes and didn't bother to watch his performance. He also discovered that this Fatty Wu was not an economical person either.

The two sides went back and forth and exchanged words with each other, but unexpectedly, they finally found a consensus.

"Mr. Hu, a US$400 million investment, 45% equity, a board seat, a vice president of operations and a financial director position. What do you think?"

Xia Guoheng and his wife finally made concessions and raised the conditions a bit.

"Okay, deal!"

Hu Yang said lazily, leaving Wu Gang and Xia Guoheng unable to respond for a long time.

"Mr. Hu, do you mean to agree to the conditions just now?"

There was an expression of disbelief on Wu Gang's round face. He always thought that the negotiation might last for many days. Why did the other party agree all of a sudden?

"Didn't you hear that? I said deal."

Hu Yang smiled slightly and gave an affirmative answer.

"I'll go! It seems that the conditions we offered are too high. I wish I had known better and cut it down. Oh, I won't say it anymore. If I say too much, I will shed tears."

Xia Guoheng was talking nonsense, but his hands were not idle, and he quickly recorded the conditions that everyone had negotiated before.

"Secretary Liu, go print it out and bring it to me."

Later, Xia Guoheng called his secretary in. It seemed that he wanted to formulate the consensus reached by both parties into a text document.

"Mr. Xia, just get the investment agreement out. Once it's done, we'll sign it."

Hu Yang looked at the ashtray on the coffee table. These two old brothers were really big smokers. In just a short time, the ashtray was full.

He does not intend to pass the decision-making committee on the investment in the Konkola Copper Mine because he is confident in his heart and does not need anyone to provide him with reference suggestions.

To put it bluntly, the US$400 million investment project is really calm in Hu Yang’s heart.

Xia Guoheng's secretary went out and quickly completed the investment agreement. Many people came to their side today, and then Wu Gang went to the hotel to rent a small conference room.

There was a lawyer among Wu Gang and his group. Hu Yang thought about it and called Yu Yue to send someone who knew the law. Currently, in the local area, the legal department of Mingkang Communications sent this person, and the general investment agreement asked him to

It's no problem to help check things out.

Previously, when Wu Gang and Xia Guoheng established Huagang Mining, they each invested US$200 million. Now Populus euphratica has invested another US$400 million, and Huagang Mining's capital has become US$800 million.

Among them, China Railway Construction and China Power Construction, represented by Wu Gang and Xia Guoheng, each hold 27.5% of the company's equity, and Huijia International Investment, represented by Hu Yang, holds 45% of the company's equity.

The investment agreement was signed on the spot. Xia Guoheng should be very happy, but he always felt that things went too smoothly today. The smoothness made him feel nervous.

Wu Gang did not feel this way. He felt very lucky. Hu Yang's investment of US$400 million came in time, otherwise he and Xia Guoheng would have continued to lose money.

Hu Yang had a panoramic view of the two men's expressions, and he secretly laughed in his heart. He wondered how they would react when copper prices began to rise in a few months.

However, this question is actually a false proposition. The prices of international commodities have always fluctuated, sometimes with great fluctuations, and few people can accurately predict them.

If anyone really has this ability, they don’t need to invest in copper mines. Wouldn’t it be faster to make money by going directly to copper futures?

Of course, there are still differences between the price trends of futures and spot prices, and that’s just what Populus euphratica thinks about.
Chapter completed!