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Chapter 1652: Rich Second Generation

~8 min read 1,415 words

With Director Wang speaking, Qiao Lifeng didn't hesitate anymore, first pouring liquor for everyone one by one, then sitting in an empty seat.

"Lifeng, take good care of Director Wang and the distinguished guests; I'll go to the kitchen to urge them to serve the dishes quickly."

Jing Huiyun first gave instructions to Qiao Lifeng, then looked at Director Wang.

"Director Wang, Chairman Zhou, you all drink first."

"You go get busy." Director Wang nodded.

Jing Huiyun turned and left. Qiao Lifeng raised his liquor cup: "Chairman Zhou, and several other bosses, welcome to Golmud as guests. I am a bit clumsy with words and don't know what to say, so I will drink first as a sign of respect."

Then he drank the liquor in one gulp again.

When everyone saw this, they could only pick up their liquor cups and drink the liquor.

Zhou Andong put down his liquor cup: "Boss Qiao, we have already finished dinner, so we can just taste the liquor; let's sit here and chat."

"Good!" Qiao Lifeng agreed: "Chairman Zhou, several bosses, try the twice-cooked pork; it's our chef's best dish."

"Then I must try it." Zhou Andong picked up his chopsticks, picked up a slice of meat, and put it in his mouth: "Hmm, it's indeed not bad."

At this time, Jing Huiyun knocked on the door and came in, placing a basin of boiled fish on the table.

Qiao Lifeng picked up a soup spoon and skimmed off the floating oil on top: "It's not that I'm bragging, but the two best dishes in our shop are the twice-cooked pork and the boiled fish."

Director Wang nodded: "Boss Qiao isn't bragging about this; when I come to his place to eat, twice-cooked pork and boiled fish are must-orders."

Then, dishes were served one after another. When the eighth dish was served, Zhou Andong said.

"Landlady, don't serve any more; we can't finish it, it's too wasteful."

Director Wang followed up: "Listen to Chairman Zhou, don't serve any more."

"Good!" Jing Huiyun nodded: "Everyone eat slowly; I'm going out. If there's anything, call me."

Zhou Andong looked at Qiao Lifeng: "Boss Qiao, you are from Sichuan Province; how did you think of opening a restaurant here?"

"There isn't too much of a reason. If there is one, it's that I like it here." Qiao Lifeng recalled those years: "That was the second day after my wife and I got married; we ran here for a trip.

When we passed by, we didn't have any thoughts, but when we came back, we stayed in Golmud for two days and found that this city is very beautiful. We suddenly liked it here, and then the two of us decided to stay and opened this little shop."

Zhou Andong said with a smile: "If you could run over here for a trip at that time, your family's conditions should be quite good."

"It's okay!" Qiao Lifeng said: "My dad doesn't have much culture, but when he was in the production team, he was a production team leader. He often ran contracts and pulled fertilizer for the village, and was even criticized for taking the capitalist road.

In the early eighties, my dad started doing business. At first, it was just small things, making bellows, abacuses, and hemp ropes. The sales were not bad. A few years ago, he opened a plastic factory, and the business is not bad now either."

Zhou Andong teased: "So Boss Qiao is actually a rich second generation."

"Rich second generation?" Qiao Lifeng was stunned for a moment, then understood, and said with a smile: "I suppose so; anyway, I don't worry about food, drink, or clothes."

Zhou Andong picked up his liquor cup and signaled. Qiao Lifeng picked up his liquor cup, feeling a bit flattered, and clinked it with Zhou Andong.

"Boss Qiao, since your family runs a factory, why do you run a restaurant instead of contracting salt mines?"

Zhou Andong took a sip of liquor, then slowly put down the liquor cup.

"The industry with the richest resources in Golmud is potash fertilizer. Now many people are contracting salt mines. Even if they don't have the technology to produce potash fertilizer, just selling salt makes them full of money."

The first one to react was Zhang Shenghui, who glanced at Zhou Andong. This old fox, why is he saying these things to a restaurant owner?

The second one to react was Wu Hongkang, who also looked at Zhou Andong suspiciously. This guy wouldn't be trying to set a trap for this Boss Qiao, would he?

But after pondering it over and over, he felt it was unlikely. After all, the two had just met. What could Zhou Andong gain by setting a trap for a restaurant owner?

The last one was Gu Bing, who didn't think so much; he just felt that Zhou Andong wanted to pit someone.

"Contract salt mines?" Qiao Lifeng was stunned for a moment, then shook his head: "I don't understand this."

Regarding the legend of this future richest man in Qinghai, the common people of Golmud talk about it with relish every time they mention it.

In his previous life, Zhou Andong had been here twice and naturally heard a lot about Qiao Lifeng's process of starting his business.

Because investment attraction in Golmud was difficult, as long as someone wanted to contract a salt mine, the government approved it without any obstacles.

But as a result, the phenomenon of random digging and mining and grabbing resources was very serious. By the millennium, the Golmud government also realized the seriousness of this problem.

Then they established Qinghai Kunlun Mining, with the background of integrating resources east of the Qarhan Salt Lake railway.

Because the Qarhan Salt Lake is bounded by the Qinghai-Tibet Railway, the resources west of the road belong to the provincial state-owned enterprise Salt Lake Group.

The east of the road belongs to local enterprises in Golmud. Now the largest is the Potash and Magnesium Plant established in the eighties, and the others are those private mining enterprises that mine randomly.

In 2002, Qiao Lifeng and his wife Jing Huiyun jointly invested in kind to establish Tianhui Potash Fertilizer Co., Ltd. But at that time, Qiao Lifeng was not familiar with salt mines and didn't even know that potash fertilizer also required high technology.

But in 2004, his opportunity came. Kunlun Mining increased capital and expanded shares. Hui Potash Fertilizer Co., Ltd. and several other potash fertilizer plants respectively increased capital in cash to Kunlun Mining.

Tianhui Potash Fertilizer Co., Ltd. obtained 1.25% of Kunlun Mining's shares at a price of 1 million.

A year later, Qiao Lifeng's opportunity came again. The second-largest shareholder of Kunlun Mining, the Logistics Department of the Lanzhou Military Region, publicly bid for the transfer of the overall property rights of the potash fertilizer plant located in Qarhan, and the one who took over was Qiao Lifeng.

After two acquisitions and capital increases, Qiao Lifeng's shareholding ratio in Kunlun Mining had increased to 15%, ranking as the second-largest shareholder.

And Qiao Lifeng's third opportunity was because Kunlun Mining's integration of small mining enterprises was not ideal, and Qinghai Province ordered Kunlun Mining to integrate small mining enterprises again.

In 2007, the Kunlun Mining Shareholders' Meeting passed a resolution agreeing to Tianhui Potash Fertilizer and another potash fertilizer plant as the acquirers to integrate small mining enterprises, and each paid 200 million yuan as an acquisition deposit.

At this time, the other potash fertilizer plant provided an assist for Tianhui's rise again and suddenly withdrew from the plan to acquire small mining enterprises.

Because just at this time, Qarhan issued a geological report on the mining area, which stated that the reserves east of the road were developed at 200,000 tons per year, which was only 30 years of mining volume.

The other potash fertilizer plant withdrew, but Qiao Lifeng believed that this report was inaccurate. The so-called reserves within the table refer to extractable reserves with higher potassium chloride content. Reserves outside the table mean that research is still needed on how to mine, but the cost is relatively high.

Therefore, Qiao Lifeng did not hesitate to start integrating and acquiring small mining enterprises, because he also had the confidence to produce potash fertilizer from resources outside the table.

And this acquisition completely laid the foundation for Qiao Lifeng to become the richest man in Qinghai. ===== CHAPTER 1653 =====

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