Chapter 893 Lee's Industries

Lee's Industrial Group has been one of the top companies in the United States that make a difference. Interestingly, however, it has never been well-known around the world. First, because the head of the Li brothers, is very low-key and basically does not appear in front of the media, and second, because the Li Industrial Group, which is one of the largest private companies in the world, is not listed at all. In addition, in the new century, the Lee Industrial Group has further developed and has become the world's top private company.

Since the United States Lee's Industrial Group is a non-listed company, the valuation is difficult to calculate, and it is generally believed that the most conservative valuation will definitely exceed 10 billion. Note that the company is all wholly owned by the Lee family, which is dominated by two brothers, so the Lee family is also one of the top conglomerates in the United States.

By the early 90s, Lee's Industrial Group had annual sales of more than $35 billion, and its business spanned a wide range of sectors: typical such as crude oil extraction, refining, trading, pipeline transportation, agriculture and animal husbandry, financial services, road asphalt, etc. Lee's also owns the largest LPG processing group in North America, accounting for 25% of the total North American market. It has about 60,000 employees. In the field of crude oil trade, Lee's annual trade volume exceeds 700 million tons. Lee is also the sixth-largest electricity supplier in the United States, with operations in all 50 states.

Its subsidiary, Lee's Materials, Inc., is one of the world's largest professional road asphalt production plants and suppliers, with 55 years of successful experience, and is a world leader in the research and development and production and application of road asphalt products. At the same time, Lee's Materials is a major participant in the Strategic Highway Research Program (SHRP), a national code certified by the Federal Highway Administration alongside the SHRP code.

Do you understand? The core business of the Lee Industrial Group is the petroleum processing industry. Moreover, the business philosophy of the Li brothers is quite conservative, they cover the entire industrial chain, with abundant cash flow and huge profits every year, and they don't want to be listed at all.

To be honest, someone once made an assumption that if the Li Industrial Group was split and listed, the Li brothers' net worth would at least be added to the end. Even before Jing Jian's rebirth, when those Internet upstarts dominated the list of the richest people for a long time, the Li brothers were still one of the strong contenders for the richest man.

It can be seen that the Li brothers are simply too suitable. They have a demand for oil and natural gas, and have a basis for cooperation with Jingjian and Kuwait. Moreover, although Lee's Industries has its own oil fields and its exploitation technology is second to none in the world, the conservative business philosophy of the Lee's brothers makes them very disgusted with betting on exploration. In other words, they are only willing to buy mature oil fields and exploit oil fields with little risk, otherwise they are willing to buy out. It is the meaning of being willing to earn less, but also to ensure that you can make money steadily.

Obviously, such a conservative approach has resulted in a small number of Lee's own oil fields. They have already found oil fields, so who wants to sell them to others? Therefore, the amount of oil and natural gas purchased by Li's industry every year is huge.

And here, it is necessary to introduce the situation of Jing Jian's cabbage contracts. At that time, Iraq invaded Kuwait because of the border dispute between the two countries, which was nothing more than the discovery of oil fields in that disputed area.

It was this disputed area that was built for Jing. Kuwait's original mature oil fields were all cooperating with those oil giants in Europe and the United States, and it was impossible to sell two of them, and Kuwait could not afford to offend those giants. Moreover, the Kuwaiti royal family in exile is somewhat petty-nine, even if the coalition forces help restore the country, maybe this disputed area is still disputed, and there is no certainty that the United States and other European and American countries will definitely stand out for themselves. Since that's the case, let's throw this possible trouble to Jing Jian first!

As you should have known, with the collapse of the coalition forces and the complete surrender of Iraq, this disputed area has become an internationally recognized "inherent territory of Kuwait" without much effort. Jing Jian can be regarded as picking up a big bargain, but this bargain is not entirely a good thing, if it is not handled properly, it may soon become a hot potato.

Time passes, and people's hearts are always greedy. If Jing Jian gets such a large piece of oil field at the price of cabbage, will no one be blushing? It is nothing more than a contract of a few pieces of paper, and the Kuwaiti government really tears up its face, is there a way to retaliate? This is not in Fusaoya, this is the Middle East, a hot spot in the world, and if Jing Jian really dares to make trouble here, the US aircraft carrier fleet will guarantee that it will "talk to you."

Even if we take 10,000 steps back, the Kuwaiti government will still save face and be ready to pinch its nose and admit this cabbage contract, but are those European and American oil tycoons all good goods? Just make another contract, make a protracted lawsuit, rely on the force of the country behind it, and rush into the mining first, Jing Jian will still be blind. In the end, even if Jing Jian wins the lawsuit, at most, "Uncle, I will reward you with a few small dollars to play".

Among them, the position of the Government of Kuwait is even more obvious. This is not the era when China was the No. 1 importer of crude oil, let alone the era when Chinese warships flaunted their might in the Gulf of Aden.

Therefore, Jingjian originally needed a partner. This partner must be strong, have a deep background, and not be too "greedy". There is no doubt that Lee's Industries is a perfect fit. Needless to say, the Lee brothers have a particularly deep background in American politics, and they have always been one of the big financiers behind the Republican Party. In addition, they have little interest in oil exploration and exploitation in high-risk areas, and only need you to provide a continuous supply of oil and natural gas. The main thing is that they are the American oil giants. And the word "United States" basically solved most of the troubles in the world at that time.

However, although it is a good partner, there are still many situations that need to be solved in order to set up a bureau. and the second child of the Li family (hereinafter referred to as Xiao Li. At that time, the eldest of the Li family was frail and sickly, and Li's industry was basically helmed by Xiao Li) There was no problem in meeting. Although they have never known each other, both sides are famous, and it is easy to find an intermediary and arrange a secret meeting.

So after returning to the United States, Jing Jian rushed to Kansas, the headquarters of Lee's Industries, as soon as possible. It took more than six hours and a marathon of negotiations to finally reach a series of secret agreements.