Chapter 590 (1/2)
Some time before dinner, Bao Zixuan and others began to prepare for the meeting of the board of directors. It mainly summarizes the work of baohuodong mining company in one year and its development and expansion plan for next year.
Everyone who comes here knows what's going on. We don't have many opportunities to meet at ordinary times. The main reason is that everyone is too busy and there are huge enterprises to manage. It's a good opportunity to get together at Huo Yingdong's house this time. Mr. Huo also wants everyone to come. Convening the board of directors involves great interests. He just wants to find an excuse. He doesn't dare to look for it if he doesn't come.
Grab, grab. Huo Yingdong arranged for his eldest son to accompany other tycoons. Although it was impolite, he couldn't care so much at present. Time is pressing, not everyone will go to the Chinese mainland. For example, ye Deli is not ready to go in the past. He mainly runs casino business, which is prohibited in mainland China.
When they came to the Huofu conference room, the staff had already prepared the projector. Baozixuan's computer is portable. The data of baohuodong mining company are in the computer and in his mind.
Huo Yingdong insisted on giving up the main position to baozixuan, although it was in his home. But now it is Bao Huodong mining company that holds the board of directors. As the head of the company and the largest shareholder, Bao Shoufu should sit in the first place.
The shareholders of baohuodong mining company came to the meeting. As the relationship has eased, baochuanwang reappeared on the board of directors. This is the situation we all want to see. After all, the incompatibility of directors is very detrimental to the development of the company.
Bao Zixuan turns on the computer and links to the projector. He wants to report to the shareholders on the company's development and revenue in the past year and its expansion plan for next year.
Bao Zixuan smiled and said, ”I've long wanted to report the revenue of baohuodong mining company, but it's too difficult to get you together. This time, we just have this opportunity. We will hold an interim Board of directors at Huo Lao's residence. ”
”The main income of baohuodong mining company last year was the export of rare earths; Our sales of rare earths last year were $32.8 billion, and the profit after excluding all expenses was $13.9 billion. The pricing power of rare earth is in our hands. This year's sales price will be increased by three points on the basis of last year. ”
”In addition, the first two phases of our steel plant have all been put into operation. Last year, the annual output of high-quality steel was 6.7 million tons, excluding all expenses, the profit was 3.2 billion Huaxia dollars. This is mainly because we are constantly expanding our plant and making other local investments. After the completion of phase III this year, the profit will rise further. ”
”In other words, the company's profit this year is US $13.9 billion and US $3.2 billion. As for each financial expenditure, data will be sent to you. I'll just introduce more here. You can go back and take your time. If you have any questions, you can raise them and we will solve them together. ”
Seeing the revenue data package, Zixuan thought he was wrong. No one would have thought that baohuodong mining company would make so much money; It's not so fast to open the money printing machine to print money.
In fact, the main reason is the exclusive business. 80% of the world's rare earths are produced by baohuodong mining company, which has a high monopoly position in the world. Moreover, baozixuan is still a ruthless person, strictly controlling the price of rare earths.
That is, the price of rare earth raw materials purchased by heiyun group in baohuodong mining company is the same, but it has priority. This makes it difficult for other shareholders to say more. After all, baozixuan is like this. Are you more special than Bao's richest man.
Bao Zixuan then said, ”to tell you the truth, I didn't expect this company to make so much money, but now that it has earned, it's everyone's blessing. In addition, we can't put so much money on the account, which is a serious waste of resources. ”
”Therefore, there will be two options for everyone. One is to take $10 billion as shareholder dividends and the other as standby funds. Anyone can apply for use. As long as the project is reasonable, there is no problem. ”
”The second is to only take $5 billion as shareholder dividends and the rest of the funds to buy oil fields in the Middle East. With the popularity of cars, there will be a great demand for oil in the future. Now we can start while the price is not too high. As a mining company, we must ensure the diversification and continuity of mining development. Rare earth resources will be excavated one day. What shall we do then? Can we just watch the company close down and plan ahead in order to make the company develop continuously. ”
Dong Haoyun smiled and said, ”Xiaobao, it's the first time I've made so much money in business for decades. Do what you say. Your decision is the decision of our Dong family. There will be no second word. ”
Bao Chuanwang then said, ”I agree with old Dong. Since Xiao Bao wants to buy an oil field in the Middle East, it makes absolutely sense, and the Bao family firmly supports it.”
Hearing that the two major shareholders have expressed their position, others know that it is useless to oppose. After all, the shares have been more than half, and they can only listen to the cry.