With the strong pressure exerted by Vice Premier Wu, the negotiators of the two committees, who had been unhurried, finally began to get anxious, and in the face of reality, they had to return to the framework and tone that Vice Premier Wu had set for this great cooperation at the beginning.

Although the SASAC controls tens of trillions of assets, most of these assets are the book value of fixed assets, not real money that can be cashed out at any time in their hands, and it is absolutely impossible for them to invest hundreds of billions of funds in the development of African resources.

The development of Africa's resources requires hundreds of billions of capital needs, and they are not only able to find a way from the huge private capital, but to raise such a large amount in the short term, they have no choice but to start from the sal, Lao Li family and other wealthy enterprise groups, so that these wealthy people with huge capital can take out real money to solve the urgent need in front of them.

If you still play the old trick of borrowing chickens and laying eggs and crossing the river and demolishing the bridge after doing your own thing, who would be stupid enough to do such a thing by these people who climbed up on the corpses of countless enterprises in the business world?

Therefore, it is necessary to honestly proceed from the interests of both sides, and approach each other to compromise in order to reach a cooperation agreement, so that the attitude of the negotiators of the two committees has suddenly changed and has begun to become pragmatic.

Even if the people around Vice Premier Wu did not disclose any rumors, Cai Siqiang and his team still felt the subtle changes of the opponent, and under the condition that the other party was gradually pragmatic, Cai Siqiang's team also made some concessions under the condition of adhering to the basic interests of private capital.

For example, in addition to the proportion of shares, the company's operational control of these vital principle issues, there are also important issues such as capital injection, it stands to reason that both sides should come up with the corresponding shares of real money one by one, that is, cash capital injection is reasonable, but at this moment, involving hundreds of billions of investment, where can the National Development and Reform Commission and the State-owned Assets Supervision and Administration Commission find so much money.

Therefore, on this issue, Cai Siqiang and his private capital delegation made a concession and agreed to let the SASAC use the overseas assets of the current national brand name to be evaluated and use these overseas assets as capital injection.

Of course, this provides an opportunity for some people in the NDRC and SASAC to get their hands on it, because it is likely that the real value of the billions of dollars of assets hanging on the accounts of state-owned enterprises under the SASAC is far from the book value, and even a fraction of it may not even be a fraction of it.

In order not to burden the new company with a heavy burden as soon as it was established, although Cai Siqiang and his team agreed to invest in the assets invested overseas, they still insisted that the value of the assets needs to be re-estimated by overseas authoritative appraisal agencies, and cannot be invested at the current book value, so that even if the value after appraisal has to be discounted to be able to correspond to the cash capital, the water will be much less.

However, in the current situation, as long as the actual value can reach more than eighty percent of the book value, it can be compensated for by this unprecedented large-scale development in the future, and this loss is not unacceptable.

In this way, after the negotiators of the two sides fiercely disputed and compromised on the interests they were concerned about, a package of investment cooperation framework agreements was finally reached more than half a month later, and an unprecedented state-owned and private super-large enterprise group company was born.

According to this agreement, a brand-new special national brand enterprise, China-Africa Resources Investment and Development Group Co., Ltd., was put on the market in the stable, and the No. 1 chief, who had never attended any ribbon-cutting ceremony, took the rare initiative to cut the ribbon for the listing of the China-Africa Group, and this special signal was interpreted by the outside world as the Chinese showed the world their determination to develop Africa's resources, indicating that the Chinese in Africa are by no means verbal, but have begun substantive development actions in great strides. It marks a new stage in China's Africa development strategy.

The registered capital of China-Africa Group is 600 billion yuan. Its Chinese assets account for 45% of the shares, with 30 billion yuan in cash and 240 billion yuan in overseas assets. Sal took out 210 billion in cash, accounting for 35% of the shares; The remaining 25% of the shares were completed by more than 10 Chinese groups with 150 billion yuan.

In this way, due to the relatively majority of state-owned capital, the Sino-African Group is still a state-owned enterprise in terms of quality, which has swept away the domestic policy restrictions on entering the resource extraction industry on a large scale, and also allowed the new company to enjoy the preferential financial financing, taxation and other policies that only state-owned enterprises can enjoy.

The eye-catching Lao Li family only invested a mere 50 billion in it this time, which made people who didn't understand the truth in the outside world think about it, and caused people to speculate about whether there was a rift in the relationship between Sal and Lao Li's family, because in the past period of time, Sal and Lao Li's family have always advanced and retreated together, and even in this negotiation process, Lao Li's family also sent heavyweights to actively participate with Sal throughout the whole process.

Who knew that in the end, it would be such a result, the old Li family was completely reduced to a supporting role of a second-rate force in this feast, and in the eyes of some observers in the market, it was like sal picking the peaches of the old Li family.

This rumor has even raised concerns about the future of the China-Africa bloc, with many believing that the success of the bloc is highly questionable without the strong support of the old Li family. But soon, Sal used unexpected actions to shatter the rumors in the market in terms of personnel arrangements after the establishment of the company, showing that the relationship between Sal and Lao Li's family was unbreakable.

In terms of the composition of the board of directors, there is nothing to say, we in accordance with the agreement reached in advance, roughly according to the proportion of capital to elect the executive director, the SASAC recommended 4, and the SAL company recommended 3, the rest of the joint recommendation of 2, formed a 9-member board of directors, and the chairman of the board of directors was recommended by the SASAC, the original chairman of Chinalco Song Haiping served as the chairman of the new company.

What is surprising is the composition of the new company's management team. According to the framework agreement, the management team of the entire group is completely recommended and elected by private capital, and the state-owned assets cannot intervene, but can only have the power to propose recall if the management team's business performance targets are not achieved.

Therefore, according to common sense, the second largest shareholder in the second largest capital this time, Sal Company, of course, should recommend a CEO candidate, but SAL did not know how to convince the old Li family Eric to recommend him to be the first CEO of this huge group company

This news is as shocking as the low-key shareholding of the Lao Li family, but it is a completely new change for the outside world, and it suddenly shatters the rumors about the breakdown of the relationship between the Sal and the Lao Li family, but what kind of inside story is hidden behind it, and whether the Sal and the Lao Li family have reached some unknown secret agreements is not known to outsiders.

However, this news has undoubtedly greatly boosted everyone's confidence in the CAC, and the three major international rating agencies Standard & Poor's, Fitch and Moody's have unanimously given this new company a triple A international credit rating, which means that if the CAC needs to issue corporate bonds, it can issue corporate bonds with lower interest rates in the international financing market, which greatly reduces the cost of financing.

Of course, at this stage, there is no need for the China-Africa Group at all, because large-scale investment will only start when the preliminary exploration and site selection are properly prepared, and the China-Africa Group has more than 300 billion yuan of funds in its hands, and it will have to open as many mines as it can be used up if the money is invested alone, so there will be almost no financing needs in the first two years.

In the selection of the CFO of the China-Africa Group, the remaining enterprise groups jointly recommended a well-known industry insider.

The professional manager Du Chengyi, whom SAL focuses on cultivating, was recommended by SAL as the CEO of the new company, in charge of personnel, and it is believed that this is the last polishing of the SAL company to find a helmsman for its mobile phone business, because Du Chengyi has done a very good job in DARK Electronics, a subsidiary of SAL, so that his own brand mobile phone has become the first choice in the high-end domestic mobile phone market, and now what he lacks is the test of processing power under the complex conditions of internationalization.

Obviously, there is no better way to test a person's ability than in the huge and complex environment of the China-Africa Group, and if Du Chengyi can withstand this test, there is no doubt that he will become the first person under Sal Cai Siqiang to control Sal's huge mobile phone business.

For SAL's unexpected choice, veteran observers who have recalled it commented that the two candidates launched by SAL fully reflect SAL's layout for the future, on the one hand, it has invested heavily in the field of resources to occupy the lead in a popular industry in the future, and at the same time, it can be said that it has many birds with one stone by borrowing the old Li family to take the helm of the Central African Group to stabilize the morale of the army and exercise the reserves.

And Cai Siqiang was able to put aside the temptation to not be in the limelight and serve as this hot new group, but chose to stick to the core of the sal, which shows that his people have a very large pattern, a degree of trade-offs, and a far-reaching layout, which is already the demeanor of a generation of enterprises.

Since it is a state-owned and private enterprise, in addition to financial and tax preferential policies, the Sino-African Group also has a great advantage in terms of talents, and with a paper order, tens of thousands of geological exploration personnel requisitioned and transferred from the geology and mining departments of various provinces in China have formed various mineral resources exploration teams, which are ready to be sent to East Africa and begin large-scale exploration work, which is the first step in developing Africa's resources.

Of course, the CAC has prepared generous subsidies for these Chinese exploration personnel for field work, and their income will increase several times compared with domestic work, and in order to improve exploration efficiency and minimize the exploration time to produce benefits, the CAC has equipped this oblique exploration team with a large number of advanced exploration equipment and transportation equipment.

The group company spared no expense not only to equip them with thousands of high-quality all-terrain off-road vehicles, but also to prepare dozens of transport helicopters of various types, ready to be used as a means of transportation in some local areas where ground transportation is very difficult.

Such good conditions greatly boosted the morale of the Chinese prospectors, who were accustomed to hardship, and coupled with the official propaganda of the sense of mission to prospect for the country, after entering Africa, the oblique explorers quickly overcame the harsh local living environment and began to go to various areas in Tanzania with signs of metallogenesis like worker bees to start exploration activities, looking for all kinds of useful mineral resources, whether it is oil and gas fields or gold, silver, copper, iron ore, etc.

After the operation of Oriental Minerals, although the exploration area is limited, it has finally been approved more than 10 exploration plots with special rare metal minerals, and started the treasure hunting process in Africa.

For a time, on the land of East Africa, you can see yellow-skinned and black-eyed Chinese everywhere, and of course, a lot of yuan