Rebirth: Super Banking System

Chapter 1667: Chapter 1499: Loan Delivered to Your Door (Please Subscribe!)

"Very well, let’s sign the contract."

Tang Qing said.

There’s no need to ask too much, Qu Shan provides email updates on the daily progress of the negotiations, so Tang Qing is well aware of the details and process. Besides, there’s a fighter among the negotiation team, so there shouldn’t be any issues.

Thirty-two percent.

This is the figure the Budy Family strived hard to achieve.

To secure this percentage, the Budy Family also gave several promises and offered an extra $100 million in cash, which Tang Qing accepted. This figure is just right, and it practically doesn’t affect any decisions made by the Board of Directors.

In company shares,

there are three numbers that are quite important.

Thirty-four.

Fifty-one.

Sixty-seven.

These represent the importance of shareholders’ votes in different scenarios.

Some decisions require approval by two-thirds, some can be vetoed by one-third, although not as significant as controlling rights, it can still be quite frustrating in some key moments.

Therefore.

The Budy Family’s shares didn’t exceed thirty-three.

Just like Comet Group.

Combined, Chai Ren and Zheng Lin’s shares only reach thirty-three percent, and in Ali, other shareholders, in order to limit Tang Qing’s power, although he is the major shareholder, directly and indirectly controlled shares also do not exceed thirty-three.

After going public and dilution,

it’s even less.

"Yes, Chairman." Qu Shan agreed.

Hung up the phone.

"Another big deal closed?"

Beside him.

Zhong Liang, sitting on a bench, couldn’t help but ask curiously.

"Over ten billion." Tang Qing chuckled.

"Dollars?"

"RMB."

An iron factory, with quite an investment, but it can’t get that big, compared to Congo Gold, the North Africa Industrial Park is relatively smaller, after all, Congo Gold is in the heart of Africa, surrounded by a dozen countries.

The service scope of the North Africa Park doesn’t quite reach that extent.

Zhong Liang: "..."

Even if it’s RMB, it’s enough to surprise Zhong Liang for a while.

Forget it.

Overthinking is bothersome.

Let’s continue brushing up on the questions, and later be a happy inheritor of the family business as a rich second generation, or rather, just a commoner, since the family assets haven’t even reached a billion, it’s truly embarrassing to claim ’rich’.

...

Algeria.

The capital.

Algiers.

The Budy Family is not a small clan, so for such a big project, of course, a press conference was held to boost brand image. Thus, it was delayed until 3 p.m., when Qu Shan and Suleiman officially signed the contract.

On site.

All major media outlets of Algeria, as well as some European media stationed in Algeria, were present. noveldrama

"Wanqing Mining? What kind of company is that?"

"You must be a newbie."

"Yeah, why?"

"Do you know Tang Qing?"

"Who doesn’t know him, don’t tell me..."

"Exactly, it’s his company, with a Wanqing District in Congo Gold, and this is the second one. It’s said to be over a billion dollar investment, considered Algeria’s largest investment attraction project this year."

"Look, even the president is here."

"Really is."

Such a large project.

It caught the attention of Algeria’s high levels.

On stage.

The president was smiling happily.

"Welcome Wanqing Mining to invest in Algeria again, which also proves that our business environment has gained widespread acceptance. In fact, Wanqing Mining actually originated in Algeria."

This remark.

Made many informed individuals nod.

Indeed.

Wanqing Mining was initially based on that Algerian state-owned industrial mining company, which, after being sold to Tang Qing, was reorganized into Wanqing Mining. Therefore, everyone feels a bit close to the company.

Like ’family’.

"This time, I’m very gratified and happy that Wanqing Mining is increasing investment in Algeria. From now on, we will do corresponding work to serve these companies and entrepreneurs who have confidence in Algeria."

"..."

After an impassioned speech.

The president finally ended.

Next.

Amidst the hustle and bustle.

Under the flash of cameras,

Qu Shan and Suleiman signed the deal worth over ten billion.

"Wow wow..."

Rounds of applause ensued.

Looking at the friendly faces below, Qu Shan felt more at ease. Internally, Qu Shan slightly doubted that when Tang Qing purchased that Algerian mining enterprise and reorganized it into Wanqing Mining.

Was this planned long ago?

If so... he couldn’t help but take a breath; such foresight would be astonishing.

To celebrate,

in the evening.

Suleiman even held a banquet.

Firstly, to celebrate.

Secondly, to showcase.

Other families are, of course, envious but can’t say much. This investment benefits Suleiman and offers some advantages to others too. After all, the steel industry doesn’t exist in isolation.

The upstream and downstream, and peripherals, might have connections to those present.

It’s just a matter of scale.

...

Several hours later.

Dawn broke in Huaxia.

This news was also reposted by various domestic media outlets.

"Tang Qing made another investment in Africa."

"With so much money, why not invest domestically?"

"Can you finish reading before commenting? Building a steel factory domestically? Perhaps you don’t know how much that costs, plus iron ore prices have increased by seventy percent, do you think there’s still profit here?"

"Could invest in something else."

"Invest your sister, what do you want to invest in, real estate?"

"..."

Where there are people,

there’s always some fuss.

Manor.

"Tangtang, where does this money come from?" Tang Kai asked.

"Loans."

Tang Qing was straightforward.

For constructing a steel factory, if loans are available, he’d be brainless to use his own cash. With Wanqing Mining’s and his reputation, it’s easy. Right after breakfast, the manager of ICBC came to visit.

"Boss Tang, have you had breakfast?"

"Just finished."

Tang Qing replied with a smile.

Huaxia’s way of greeting has always been quite peculiar.

"I heard you invested in another steel factory in Africa."

"Yes."

"Have you resolved the funding issues?"

"Isn’t that what I’m waiting for Manager Liu to solve?"

"..."

Manager Liu’s face stiffened. Then he smiled bitterly, this little fox. He didn’t know why but he felt confident that he would call, no, perhaps not just him, but ’they’.

Tang Qing’s project.

If he wished,

he could secure loans from major banks worldwide. It’s not difficult, with a frightening net worth close to $200 billion, any bank would be willing to cooperate with him long-term. Naturally, including ICBC.

The most crucial point is.

Wanqing Mining’s model.

He vaguely understood that, under the non-trade model in Myanmar, Huaxia also wants its own system. Tang Qing’s steel trade model of Wanqing Mining is highly recognized and valued by the authorities.

Thus.

The authorities had already subtly indicated.

To focus on and support Wanqing Mining.

See,

even though ICBC has no branch in Africa, he also made a phone call to inquire, at least to fulfill his responsibilities. Moreover, these loans will definitely be used back in Huaxia’s enterprises by Tang Qing.

Not benefiting outsiders.

"Manager Liu."

"Ah, oh, I am here for this matter. If you need a loan, please consider ICBC first."

"Any amount?"

"How much do you need?"

"Four billion RMB, I will also borrow a bit from Algerian and European banks, as being located in Africa, some projects must be handed over to them, it’s natural to use their money."

Tang Qing said matter-of-factly.

Hearing this.

Manager Liu was very gratified.

Not bad.

With a sense of proportion.

And a patriotic sentiment, executing flawlessly.

"Alright, four billion, no problem." Tang Qing talked until this point, if he haggles any further, it would seem petty. Compared with Hummingbird Commercial Storage’s more than twenty billion, this is minor.