Chapter 310: Bigwigs gather together, Xiangjiang Rare Earth Mining Company



Seeing that most people had arrived, Huo Yingdong nodded to Bao Junyi and said, "Everyone, we are gathered here today mainly because we haven't been in touch for a long time and I want to get together with you."

"Secondly, Ayi has a business here. I wonder if you are interested."

Li Jiacheng stepped forward and said, "Old Huo, what kind of business is Ah Yi that requires you to call over most of Hong Kong's wealthy people?"

"Yeah, we're all curious about what the project is?"

Huo Yingdong smiled and said, "Let Auntie tell everyone what the specific project is."

Bao Junyi stood up, bowed and said, "My dear elders, I invite you all to come here through Uncle Huo."

"I'm planning to invest $10 billion in a mineral resource in mainland China. Are you interested?"

"Besides, this mineral is called—rare earth!"

"boom!"

"What?!"

"How many billions?!"

"Fuck, they actually invested 10 billion...in US dollars?"

The wealthy people in Hong Kong present were immediately shocked and started whispering to each other, all of them were shocked by his generosity.

Moreover, even top Chinese investors like Li Jiacheng, Zheng Yutong and Li Zhaoji were all horrified!

Bao Junyi took out the sample bag, looked around, placed it in the middle of the table, and said, "This is rare earth. It's very expensive internationally, comparable to gold sold by the gram."

"Moreover, the price ranges from a few dollars per gram to tens of dollars per gram."

"hiss!"

There were gasps of shock at the scene, and everyone's faces were filled with surprise.

Zheng Yutong quickly asked, "Ayi, rare earths are so valuable, why did you invite us?"

"After all, if it's as you say, he's now as good as gold."

"Yes, Ayi, why don't you develop it on your own? Why do you have to involve us?" Li Jiacheng said.

Everyone present looked at him, hoping for an answer.

Bao Junyi shook his head and smiled bitterly, "I understand what everyone means, but if I eat alone, I'll be stuffed to death."

"Besides, I can't suppress some forces in the mainland with my own strength. It's not as easy as it is abroad."

"What's more, rare earth development takes a long time, and the payback period depends on the quality of the minerals."

Guo Desheng narrowed his eyes and said, "There shouldn't be more than that. Is there another reason?"

"After all, there are too few things that Miracle Group cannot suppress."

Bao Junyi smiled bitterly and said, "I won't hide it from you all. Rare earth development requires destroying the natural environment, and the damage is very serious."

"So, I'm considering bringing everyone in, not only to reduce resistance, but also to share the pressure that will come in the future."

"After all, your future generations won't listen to your compensation and environmental restoration."

The scene immediately fell silent. They all believed in Feng Shui and attached great importance to it, so many people at the scene backed out.

Another part is that the investment amount is too large and the payback time is uncertain. With tens of billions of Hong Kong dollars invested, you are not even considered a small shareholder, and the board of directors is not qualified to sit at the table.

Bao Junyi continued, "If you're not interested, you can go to the restaurant next door. I've already made arrangements."

"As for those who are considering participating, stay and listen."

At this time, more than a dozen Hong Kong tycoons left the scene, leaving only a few people who had worked with them before.

Dong Haoyun saw that most of the people had left and said, "Ayi, please tell us the plan in detail."

"Those of us who stayed here all believed in you."

Bao Junyi smiled and nodded, "First, I plan to set up a company with a valuation of 10 billion US dollars."

"Then, based on your abilities, you can invest and participate, taking up a certain share. I'll cover the remaining balance."

"However, this company produces high-quality rare earths, and Miracle Group has the right of first refusal and will be given a certain discount."

"Everyone okay?"

Li Jiacheng, Zheng Yutong, Guo Desheng and others at the scene all shook their heads.

"no problem."

Bao Junyi continued, "For this investment in rare earth minerals, I plan to use $6 billion out of the $10 billion to purchase rare earth mining rights in several major mining areas in mainland China."

"Because the mainland is in urgent need of a large amount of funds, I am considering this method. I hope everyone has no objection."

Huo Yingdong and the others shook their heads and said, "Ayi, what do you think about this?"

"We are all Chinese people, and it is our duty to contribute to our country."

"Yeah yeah!"

Bao Junyi continued, "As for the remaining 4 billion US dollars, it should be enough to purchase a batch of rare earth mining equipment."

“And hire professional exploration teams and engineers for on-site mining.”

"So, how much are you prepared to contribute?"

Several people present fell into deep thought, wondering what the appropriate amount would be. After all, this was a large investment, and it would be in US dollars, not Hong Kong dollars.

At this time, Huo Yingdong took the lead and said: "My Huo family is ready to use most of its cash flow and invest 800 million US dollars."

"hiss!"

Gambling King He was shocked and said, "Old Huo, you are too cruel."

"Apart from your fixed assets, this is already most of your cash flow."

Huo Yingdong said with a smile: "Isn't this because I trust Ah Yat?"

"He won't let me lose money, and even if I do, I'll accept it."

Gambling King He shook his head and said nothing more.

Suddenly, Zheng Yutong stood up again and said, "My Zheng family has decided to take a gamble and is preparing to invest 1 billion US dollars."

The others at the scene were also shocked and asked, "Old Zheng, where did you get so much money?"

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