Chapter 561 Oil King?

Chapter 561 Oil King?

There was no representative from Shenfei at this event, but Huang Zhe was still excited: "Fifty J-7s will be able to roll off the production line in half a year at the earliest, and they can be equipped in your army within a year."

In the 7s, the J-7 was the main fighter jet of our army and the most exported. Fifty J-s were sold at US$ million each, with a turnover of US$ million.

Ali Daei subsequently ordered two more minesweepers, five thousand mines, and some conventional weapons. After calculation, the total order size has been pushed to 320 million US dollars.

But it is still far from the highest budget of one billion US dollars.

However, Lao Yi stopped at the right time.

The military supplies purchased this time have initially met Iran's needs. As the Minister of Logistics, I have to use the funds in more important areas.

The money saved is all political achievements!

In other words, Iran only spent 320 million to buy goods with a budget of 1 billion, making a huge profit.

After the meeting, Huang Zhe, Liang Manping, Yin Zhaotang and Ali Daei shook hands and said goodbye, and took a group photo. After signing the purchase agreement, all payments will be received immediately.

There is no such thing as installment payment for arms procurement. Either cash payment, resource agreement, or loan agreement, there is always a suitable solution.

That evening, Lao Yi was about to leave for home. Before leaving, he did not forget to call Dapu Niu over, thinking about buying a shielding umbrella.

However, special equipment and technical confidentiality are beyond the scope of the transaction. No matter how much Dapu Niu cares about the money, he can only refuse, which makes Lao Yi quite regretful.

People from the Chinese business group returned to their rooms and called the leadership department to report the good news.

Three hundred and twenty million!
A full 320 million US dollars!

Even Liang Manping, Huang Zhe and others had never seen so much money. It was more than ten times the foreign exchange target set by the higher-ups, enough to develop another new weapon.

In the suite, he crossed his legs with his left hand, inserted a straw into a Coke bottle, and with a look of surprise on his face, he exclaimed, "It's a huge profit, pick that star."

"What can I easily earn hundreds of millions of dollars by selling in a few hours?"

Yin Zhaotang was standing by and said seriously, "Sell the land!"

"Well, it's great to be an official." The left hand sighed slowly.

Dabu Niu was pressing a calculator beside him: "Twenty percent commission on the transaction amount, sixty-two million, Brother Tang, you made over half a billion on this single order."

"Awesome, big man!"

Yin Zhaotang rolled his eyes. "Sixty-two million, I'll give you five points, minus shipping and re-export costs, it's pretty good to have twelve or thirteen points left."

Dabu Niu smiled and complained, "I welcome guests, manage relationships, and give away more than I earn."

"It's enough to make some money. You can earn a building from one order, and it's in Central or West Kowloon?" Ah Lok said while smoking a cigar.

In the arms business, manufacturers are the ones who make the most money. The 20 percent commission they give out is equivalent to getting rid of the extra costs, leaving 80 points. After deducting materials and diluted technology, all of it is net profit.

On the contrary, as a middleman, Yin Zhaotang has to bear a lot of costs, but fortunately, with OOCL, he can save costs, otherwise the net profit would be even lower.

There is no other way. If Commissioner Smith doesn't take it, Commissioner Khomeini will have to take it! The Middle East customer resources were discovered by Dapu Niu. With the profits distributed layer by layer, everyone gets what they want.

You know, the currency is U.S. dollars, converted into Hong Kong dollars, Yin Zhaotang alone earned 200 to 300 million, which immediately strengthened the financial situation of Zhongyi Group and no longer made it tight.

In the next step, whether it is purchasing assets or settling accounts with partners, the company’s accounts will have sufficient funds.

Yin Zhaotang played with his lighter, leaning on the sofa, and said with emotion: "The only regret is that Lao Yi is a person who spends when he should, but also saves when he should. He has a cash account of 500 million US dollars, but he is only willing to pay 250 million. For the remaining 70 million, he will pay with spot oil and send a ship to the Persian Gulf to transport the goods."

Ah Le was afraid that the boss would lose face and send money to the mainland, so he stepped forward and said, "Boss, you can't take all the commission from oil, right?"

Giving cash to others, collecting spot goods by pumping water, and sending ships to transport oil under the risk of missiles, sounds stupid. However, Zuoshou was a little moved and said, "There is nothing wrong with collecting oil. We can transport the oil to Shencheng and directly put it into the refinery. The diesel and gasoline produced can be distributed to gas stations."

"Not only can I earn a little more, but I can also support my brothers and expand the refinery."

He felt that the arms business was big but unstable, while the oil refinery was a long-term business. The risk of getting oil was high, but if you did it well, you would be the oil king of Guangdong Province. In the future, you could import oil directly from the Middle East and print money safely.

If you want to save trouble, you can wholesale most of the oil to domestic oil companies and still make more money.

Yin Zhaotang's face also showed a rare hesitation, and he said seriously: "Both ideas are good. There will be a celebration banquet tomorrow night, and I have to have a good chat with Mr. Huang."

The next day, the domestic overseas account received a transfer from Iran. The remaining 70 million in spot oil remained on the paper agreement.

In fact, Huang Zhe, Liang Manping and others were also discussing that batch of oil.

Under objective conditions in the 1980s, the country lacked escort capabilities and really hoped that Yin Zhaotang could get the oil.

But if you want to take advantage of everything, you will have no friends. At the celebration banquet, Huang Zhe took the initiative to pay the commission in US dollars and explained that China would send tankers to transport the oil back.

Yin Zhaotang pondered for a moment, then said, "Mr. Huang, if the country can lease two tankers to OOCL, I can get the oil."

Oil tankers are large ships used to transport oil in international shipping. According to international cruise ship standards, a large oil tanker must have a carrying capacity of more than 100,000 tons.

This is actually an offshore oil tank, which can automatically pump oil through oil pumps, eliminating the loading process and saving costs compared to loading oil barrels on container ships.

The last 100,000 barrels of oil weighed more than 10,000 tons, and it was barely transported by OOCL’s container ship. 70 million barrels of oil weighs more than 100,000 tons, and using a container ship not only requires loading, but also requires multiple trips.

Due to development strategy issues, OOCL previously focused on container shipping and did not purchase tankers. Leasing overseas vessels to China is actually to change OOCL's operating structure.

Huang Zhe and Liang Manping looked at each other and understood the conditions Yin Zhaotang had offered. China and Hong Kong should work together to reorganize the Orient Overseas Group, develop tanker capacity, and prepare for long-term oil transportation. If a short-term business is considered long-term, Shenxiantang can use oil for settlement, saving some effort for the country.

At the same time, he asked the country to improve its oil transportation capacity for him, so as to provide support for the long-term oil business in the future. It seems that Shenxiantang really intends to become the oil king!

Liang Manping smiled and replied: "I've read in the newspaper that Dalian Shipyard seems to be able to build oil tankers. I'll call and ask for you. I can't guarantee whether it can be successful or not."

Yin Zhaotang raised his glass and said with a smile, "Do your best. If it doesn't work out, I still have US dollars to pay!"

"Hahaha."

Everyone laughed. They had jointly secured orders worth hundreds of millions of dollars, so three or two cruise ships didn't seem like a big deal.

(End of this chapter)