"My dear Feng, we meet again."
In Hong Kong, a blonde, blue-eyed, middle-aged foreigner greeted Feng Yu with open arms. But it was a man, and Feng Yu was not interested in hugging him. He only extended his right hand for a handshake.
"Reed? Aren't you working in the banking industry? Why are you here to discuss the ports? "
Feng Yu was puzzled. This man is Willie Reed, the CEO of Wells Fargo Bank. He had wanted to invite Feng Yu to be the bank's independent director. Wells Fargo Bank is one of the main banks under the California Consortium. This consortium also controls another bank, Bank of America.
But this time, Feng Yu is here to discuss the ports, infrastructure, transportation, etc., and it should have nothing to do with Wells Fargo Bank.
"Feng, I am in the banking industry, but at the same time, my bank has investments in ports in San Francisco, LA, etc. I think we can work together." Reed smiled proudly. He doesn't mind that Feng Yu did not hug him.
"Ok. Tell me which ports are under your control and give me the details. I want to know if they are worth my investment."
It doesn't matter who the representative is. Anyway, the consortium behind this man is also Obama's supporter and represents the Obama administration.
"No, no, no. Feng, we are not selling all of our shares to you. You should know that our US does not allow foreign companies to own shares in our ports. This will be a huge security risk. "
"From what I know, more than 18% of your US ports are owned by foreign companies. Don't try to fool me with these words. I don't really want to invest." Reed was bullsh * tting, and Feng Yu exposed his lies.
"Feng, you can just invest in the ports. You don't need to be the controlling shareholder. Speaking of which, do you have a management team that is familiar with the ports? Let us manage the ports, and we will not give you a single cent less. "
Feng Yu crossed his legs. "Reed, you all don't have enough information. Don't you all know that my Taihua Holdings owns some of Hehuang Group's shares? He Huang's port business is spread across six continents, and its overall influence is number one in the world. Do you think I lack management talents? "
Feng Yu really didn't know how to manage the port. He didn't even know how the port charged fees, but he didn't need to know. It was fine as long as there was someone who knew.
He wanted the result, not the process. For example, if Feng Yu wanted to eat roast duck, there was no need for him to know how to cook this dish, much less how to raise ducks.
Of course, Reed knew that Feng Yu was He Huang's shareholder. In fact, he was here to negotiate with Feng Yu to agree to invest in He Huang's port company in Canada. As long as the US could put on a facade, it would be enough. As for the real result, no one would announce it to the public.
"Then Feng, I will tell you our conditions. He Huang had a subsidiary company in Canada, which was jointly owned by He Huang and Lee's eldest son. So, this company owned 35% of the company's shares. And Wind and Rain Holdings needs to register a subsidiary in the United States to hold 15% of the shares. In the end, each of us will hold 50% of the shares. This is reasonable, right? "
Reasonable? Reasonable, my ass!
Not to mention that He Huang's shareholders are relatively scattered, and they also have a lot of shares in the stock market. Once the Californian consortium acquires He Huang's shares, their actual shares in that port will exceed half. Even if it is only 0.1%, they will still have the final say.
Even if Feng Yu doesn't need to worry about this, this is the other party's home ground, and the Americans will still have the final say.
If it was some other small business, Feng Yu doesn't mind if the other party owns the shares. But Feng Yu will never agree to such conditions when doing business with these greedy people.
"Since you are done, I will also tell you my conditions. He Huang's subsidiary company in Canada will not be a problem. But they are the best in this area. They have experience in building and operating the world's top ports, and you all don't. That's why I think He Huang should own at least 40% of the shares. "
"I have never invested less than one-third of the shares. This time, I can take some losses and pay more. I want 35% of the shares."
"I am not finished. You all want me to set up a subsidiary company in the US. No problem. I will use my US subsidiary to invest, and I will guarantee your taxes."
Minsheng Bank has lots of investment companies, funds, etc., and Feng Yu can acquire all of them and merge them into Wind & Rain Consulting. This is not a difficult task.
"Feng, you cannot ask for so many shares. You all will own 3/4 of the shares, and we cannot give you so many shares." Reid shook his head.
"Reid, don't answer me so quickly. You can ask your boss. Our plan is to build a world-class port that can accommodate 20,000 standard containers. I think your boss should have a fleet of ships, and large ships are more cost-effective than small ships. You all will also want to be able to accommodate large ships. "
"Also, we can have more cooperation and trade in the future. For example, Minsheng Bank can cooperate with Wells Fargo or US Bank. Isn't it better to have more revenue? Have you all really made a lot of money from your own ports? Also, do you all have enough talented people for the port's construction? "
It's not that Feng Yu is looking down on California, one of the top 10 financial groups in the US. It's because the US is not professional in the construction of ports. Most of the architects and designers are from Asia and Europe.
"One more thing. This time, we will be building warehouses, junkyards, and other supporting buildings. You all must consider this. If you all are willing to give in to us, then we can also give in to you for our next cooperation. "Feng Yu smiled mysteriously.
Reid was puzzled. "Feng, what are you talking about? What are we going to cooperate on next? Is it related to finance?"
If it's just the banking industry, Wells Fargo and US Bank are much bigger than Feng Yu's Minsheng Bank. Although both parties have the right to cooperate, Feng Yu does not think there will be high profits for him to give in.
"Finance, of course. Morgan Stanley, Goldman Sachs, etc. are also looking for me for cooperation. I believe you all know about this. The next cooperation I am talking about is the construction of the railways. "
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