"Xiao Nuan, you know the Bao family started out in shipping, and Global's core business is also shipping. I think this is also the area where we plan to invest in the mainland."
"Shipping? Shipping in the mainland is not very developed yet. If you plan to invest here, the initial investment costs will be very high."
"You're right. In addition to asking you to act as a matchmaker, I also want to seek cooperation with the Su Group."
“How do you plan to cooperate?”
"Here's what I think: Global and Su's will jointly invest to open up shipping routes to various cities in the mainland. There are many coastal cities in the mainland, so building ports and opening up sea routes won't be a big problem."
“What will be the plan after the sea shipping route is opened?”
"The mainland is rich in products, but the economy is underdeveloped. Many things are cheap, and labor costs are low. Once sea routes are opened, we can ship low-priced goods from the mainland to other countries and sell them at higher prices."
"That's a good idea. If the goods are to be exported, a company should be established in the exporting country to manage sales and other operations."
"Yes, once this project is successful, the profit margin will be huge. However, the investment cost in the previous life was too high, and Universal alone could not do it."
Su Nuan was still very interested in this. You know, Chinese products in later generations were spread all over the world, relying on foreign trade exports.
"Uncle Bob, first tell me about your initial plan. How much money do you need to invest in the first phase?"
"Here's my plan. We can build a port in Shenzhen. Shenzhen is not only very close to Hong Kong and Macao, but also to Southeast Asian countries not far away. In the early stage, we should open up the markets of nearby Southeast Asian countries and then gradually expand. I know you have a local transportation company in Shenzhen. The Su Group will be responsible for the transportation from the mainland, and Global will be responsible for the export by sea.
As for the initial investment, it is estimated to be around US$500 million, and as the company expands, it will require continued investment.”
"Uncle Bob, brothers should settle accounts clearly. How should the shares be divided?"
"The Bao family invested $300 million, the Su family invested $200 million, and they each hold a 55% stake, while the Su family holds a 40% stake."
"What about 10 percent more?"
"Su's and Universal are collaborating on this project. I plan to establish a joint venture shipping company, which will operate independently, and the remaining 10% will be given to the person in charge of the shipping company."
"Yes, no problem. However, I will send a team to manage the company. I hope both of us can appoint a person in charge of the finances to prevent unnecessary disputes in the future."
"That's no problem, but I have a condition. If you agree, I'm willing to give you 5% of my shares."
"Please go ahead."
"Let my eldest son Bao Xiuxian be the head of the company, and he will take 5% of the shares."
Su Nuan thought about it. If that was the case, she would own 45% of the shares, and the father and son of the Bao family would own 55% of the shares. Such a distribution would neither threaten the Bao family as the first shareholder, nor would she suffer any loss.
As for Bao Xiuxian's ability, although it is not as outstanding as his father's, fortunately he is a person who is willing to listen to opinions and will not cause any major problems.
After some consideration, Su Nuan agreed.
In this way, the two parties reached a preliminary cooperation, and the contract will only take effect after the lawyers of both parties negotiate and seal it.
After talking with the Bao family father and son, Su Nuan and Gu Chengfeng drove home.
Su Nuan was in a good mood along the way.
"Wife, what's the good news? You look so happy."
"Really? Was I being obvious?"
"The teeth are showing, what do you think?"
Su Nuan glared at him unhappily.
"I discussed a big project with the Bao family."
"What big project?"
"The Bao family's Global and Su Group jointly invested in a joint venture shipping company, mainly for import and export trade."
"Import and export trade?"
"Simply put, we buy goods from the mainland and then sell them abroad, and then we buy goods from abroad and sell them back home."
"Then this is a lot of initial investment, right?"
"Hey, you, a person without any financial sense, already know about the initial investment?"
"I don't look down on you, but I've been with you a lot and have listened to you a lot, so I naturally understand a little bit."
"Well, the initial investment is not bad, only 500 million US dollars. The first phase is mainly to open up Hong Kong, Macau and nearby Southeast Asian countries. Later on, European and American countries will invest more."
"What? 500 million dollars isn't enough?"
"You are ignorant, don't you know how much your wife is worth now?"
"I don't know. How much are you worth now?"
"What do you think?"
"If you don't care about hundreds of millions of dollars, then you must be worth billions of dollars, right?"
Su Nuan couldn't help rolling her eyes. Don't think that she didn't see Gu Chengfeng's teasing smile. He must have guessed it a long time ago and was teasing her!
"You're teasing me, aren't you?"
"No, I don't dare."
Su Nuan went straight ahead and grabbed Gu Chengfeng's ear.
"Hey, you used to be a lump of ice, why have you changed now?"
"Ouch, my wife is driving, please be gentle, I was wrong"
Su Nuan let go only after seeing him begging for mercy.
The two of them went back home to the Gu family after a quarrel.
After returning home, Su Nuan, who hadn't seen her son for several hours, missed him so much that she hugged her son in her arms and kissed him as soon as she got home.
Gu Chengfeng, who was standing by, felt his teeth aching as he watched, but he didn't dare to step forward to separate the mother and daughter.
After dinner, Su Nuan thought about the cooperation project with the Bao family, picked up the phone and called the Minister of Commerce.
After the call was connected, Su Nuan took the initiative to say hello.
"Hello, hello everyone, I'm Su Nuan, do you remember me?"
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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