Chapter 43 New Year
The acquisition of the Tubman family crushing factory was naturally led by Yang Deshan and Wang Jianzhong.
The four employees brought by Wang Jianzhong are all professional management and technical personnel. As an ordinary dispatched staff, Cao Mo became more marginalized. The tasks assigned to him were responsible for ensuring logistics and accompanying work.
As long as it was signed before Wang Jianzhong arrived, there was no problem with the project itself. Yang Deshan made a clear attitude at this time and made an intention to sign the agreement urgently to take the credit to his personal name, and he was not afraid that anyone would blame him.
Wang Jianzhong can only evaluate the project itself and find possible errors and omissions in the early work.
Of course, the final acquisition valuation of the crushing plant is also a greater voice for Wang Jianzhong, who has more relevant management and professional experience.
Dongsheng Group makes a fortune in grain and oil, and builds its building profiles. At present, the annual sales scale of edible oil alone in China has reached 400,000 tons.
Even though palm oil is still a new variety in China, when it comes to crushing equipment and cost accounting, Wang Jianzhong and the people he brought here are definitely much more professional than Yang Deshan and Guo Jian.
Wang Jianzhong must have felt that the two million US dollar acquisition offer was too high, and it was his credit for how much the negotiations could lower the offer.
In the next few days, in addition to reducing the acquisition price to US$1.6 million, contact also required an additional ten acres of construction land from the Tubman family plantation to meet the subsequent needs for the reconstruction and expansion of the crushing plant.
Dongsheng edible oil annual sales scale reaches 400,000 tons. A crushing plant with an annual output of 2,000 tons is obviously not enough for Dongsheng. In the initial goal, it is to invest additional investment in renovation and expansion based on the acquisition of the Tubman family crushing plant, so as to increase the annual production capacity to more than 5,000 tons as quickly as possible.
Even so, after the initial reconstruction and expansion of the crushing plant is completed, the annual output value is only 20 to 3 million US dollars, and the profits it can generate may not cover the cost and expenses of the early dispatched employees.
However, the entire Kanem exports tens of millions of tons of palm oil every year, up to 30 to 4 billion US dollars.
Since Dongsheng Group decided to make West Africa the focus of expanding its overseas investment business, the acquisition of Tubman press plant for reconstruction and expansion is just a small move for the group to further adapt to the Kanem market.
It was also after Wang Jianzhong and the others arrived that Cao Mo learned that the group established an overseas investment business department and had a lot of remarks about Yang Deshan's mediocre efforts in Kanem in the past two years.
In order to keep his seat, Yang Deshan took a market research report done by Cao Mo in his early errands. He advocated investing hundreds of millions of dollars in Kanem, building a large-scale palm oil press factory, and even directly contracting land to plant oil palm trees, etc.
Palm oil is used as edible oil and has long been recognized internationally, but it is currently very small to introduce domestically, which is also a development direction that Dongsheng Grain and Oil Department has focused on in recent times.
Yang Deshan was unable to return to Draculamo, mainly because he proposed this plan. The group advocated looking for cooperation projects in Malaysia and Indonesia, which are also rich in oil palm and are close to China.
In terms of geographical distance, Kanem is obviously still a bit far from China, and the shipping distance is more than twice that of Malaysia and Indonesia.
Yang Deshan's proposal to build a crushing factory in Kanem was immediately rejected by the business department.
Yang Deshan is as panicked as a dog.
In the past two or three months, he has accompanied the management of the Overseas Investment Division to inspect projects in Malaysia and Indonesia.
However, palm oil production in these two countries has been divided up by several large international grain and oil manufacturers.
The target market that these international grain and oil merchants are targeting in the later stage is another China, and there is a fierce competitive relationship with Dongsheng.
There are still many small and medium-sized projects left in these two countries, but they are no longer in line with Dongsheng Group's long-term plan in the field of grain and oil production.
In the end, Kanem became the only choice for the business department to develop overseas grain and oil production capacity.
Only then did Yang Deshan rush back to Dracula to prepare.
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The investment in the early acquisition of the Tubman family crushing factory was not a big deal in the eyes of Dongsheng Group, which has a staff of 5,000 or 6,000. After submitting the project investment book and third-party due diligence report, the business department directly approved the investment and transferred the funds to the West African branch account.
It took only one month. After New Year's Day in 2005, the West African branch officially signed a relevant supply and acquisition agreement with Tubman, and Wang Jianzhong led his team to take over the pressing plant.
Shen Ji was plagued by something, and in the end he did not arrive at Dracula before the acquisition agreement. Yang Deshan was completely relieved.
In the West African branch, he is the general manager and Wang Jianzhong is the deputy general manager. He also has the advantages of taking root in the early stage and being familiar with the local area. Of course, he can lead Wang Jianzhong's nose.
If Shen Ji came to intervene in the acquisition negotiations in person, it would be hard to say whether things would change.
Now Wang Jianzhong leads his team and only takes over the production and operation of the pressing plant. The power of the entire West African branch is still under Yang Deshan's control.
The financial, equipment and material procurement, personnel and other rights in addition to production and operation of the pressing plant are still under the direct control of the West African branch.
In Kanem, oil palm trees produce fruits all year round.
After taking over the pressing plant, the old production lines can be continued directly, and the new production lines can be carried out on the newly entered construction ground; the large barrels of palm oil produced from the press are transported back to the country for deep processing and packaged and sold separately.
In addition to employee salaries, fund allocation and inspection of material procurement, customs declaration and entrusted shipping, Song Yuqing took Wang Wen to take charge, which was really busy. Two newly recruited local employees, Cao Mo, brought the driver and bodyguard to help them.
Cao Mo's West Africa branch was also upgraded to the first level, and the title of "Deputy Manager of the Human Resources and Administration Department" was officially printed on the business card, and the salary and overseas allowances were increased accordingly.
In name, he still accepted Guo Jian's direct supervisor, but whether Guo Jian could send him was another matter.
Wang Jianzhong led four employees to live in the employee dormitory of the crushing factory. Cao Mo openly used the name of purchasing and supplying vegetables and meat to the crushing factory, and took Ade and Auru to travel between Yibogu and Draculamo every two or three days.
In this way, no matter on both sides is delayed.
This can be regarded as the reward for helping Yang Deshan do this.
Wang Jianzhong made suggestions several times, but Yang Deshan blocked him from going back.
Wang Jianzhong and his new employees, even Wang Wen, thought Cao Mo was Yang Deshan's true direct line.
When Wang Wen first encountered something, he thought about sending Cao Mo, but where did Cao Mo have time to run errands for her?
After Cao Mo ignored him several times, Wang Wen was very angry and thought that Cao Mo had something to do with Yang Deshan. In addition to being handsome, he was a idle, slippery and lazy fool.
Wang Wen's eager attitude towards Cao Mo gradually became colder, not as enthusiastic as he was at the beginning.
The investment in equipment for subsequent Yanjin mining was too high. Before New Year's Day, Cao Mo decided to focus on the subsequent work of Yibo Gu Gold Mine on Sand Gold Purchase.
During this period, Cao Mo still had no extra funds, but an excavator was added to the mine, and the daily gold mining volume was steadily increasing.
The operation area has also undergone new adjustments and improvements, strengthening the tailing sand overflow dam, and a new stone house of 2,000 square meters is built on the south side of the operation area, preparing to obtain logging permits and expand wood processing.
During this period, Yang Deshan, Xie Sipeng, Xu Sheng and others were still having trouble with the capital increase of the new Yanjin mining equipment of millions of dollars.
As Cao Mo expected, as the mining of rock gold, as the operation surface penetrates into the gold-bearing rock layer, the operation difficulty and equipment investment will continue to increase.
Yang Deshan and his team only raised $400,000 in the early stage. The output lasted for more than three months of rock gold mining. The output could only support them in the early stage of mining, but they could not invest in new equipment. As the shallow gold-containing ore mining was exhausted, the efficiency would decline significantly with the old manpower and equipment.
Their current daily output can only maintain daily staff salaries and material procurement expenses.
This problem also exists in the Yibo Ancient Gold Mine, but there is sand gold that can be mined.
There are now three excavators in the Yibogu Gold Mine for riverbed sand gold mining, and the amount of gold mining has steadily increased.
During this period, Cao Mo also submitted a formal prospecting right application to Oyo State through the Filichian family gold mining company, and wanted to hire a professional surveying company to investigate the rock and gold reserves of the Yibogu Gold Mine.
If the reserves of rock gold are abundant, he would grit his teeth and accumulate capital bit by bit, and then significantly increase the investment in rock gold mining equipment; if there were no Yibogu, there would be no rock gold reserves at all, then he would mine sand gold honestly.
Although the reserves of sand gold are limited, mining is simple and there is no need to add too much equipment investment in the future. You can start to harvest profits now and then find ways to do something else, such as running a farm.
The construction of Yibogu Farm is also in progressing in an orderly manner...
There are a large number of vegetable varieties, and the growth period is from planting to harvesting, which does not take two months.
After November, Kanem entered the dry season, and wells were dug and irrigated in time, and the growth period of vegetables was shorter.
The 200 acres of gardens that were reclaimed in the early stage were officially supplied to several Chinese supermarkets and restaurants in Dracula's West Bank District in mid-to-late January.
In the early stage, the vegetable production was limited. Cao Mo bought several second-hand motorcycles and arranged for drivers to transport the first batch of vegetables to be harvested and launched from Yibogu to Dracula for supply.
The supply of vegetables in Dracula is too scarce. The daily supply of vegetables of five or six hundred kilograms is less than the demand of several Chinese restaurants, so the prices of all kinds of vegetables remain much higher, and a daily trip is only about three or four hundred dollars.
When the vegetables in the 200 acres of vegetable fields can be launched one after another, their daily income is estimated to exceed two or three thousand US dollars.
The premise is that no one else participates in the competition, but when the savvy Chinese businessmen realize this and rent land to grow vegetables in the suburbs of Draculamo, the prime time of Yibogu Farm will come to an abrupt end.
Cao Mo didn't care about these things and lived a good life first.
Even if the farm profits dropped significantly after three to five months and dropped to a reasonable level, with a farm of thousands of acres, don’t think about making a fortune, but if the potential of the Yibogu Gold Mine is really limited, he will increase the investment in the farm and expand the scale of land rented to 10,000 acres or even higher, which is a very good investment.
Chapter completed!