As expected, after discussing the feasibility in the first half of the entire day of the Politburo meeting, even the most vehemently opponents could not come up with a better alternative, so they quickly compromised and accepted the principles of the plan, and then debated whether to set up an independent company to operate or expand into a giant company on the basis of the existing CNOOC.

For vested interests, of course, it is more appropriate to engage in CNOOC on the basis of CNOOC, but most people oppose this opinion, everyone is not stupid, the interests contained in oil are huge, as long as they are not blind, anyone can see that this large-scale development is definitely the last feast in the domestic and even world energy market, and those who are eligible for a piece of the pie will naturally spare no effort to intervene. At least 10% of the net profit per year, there are few industries in China that still have such good things.

In contrast, this is definitely an extremely tempting report, not to mention that there will be a complete industrial chain from mining, transportation, refining, sales, etc., even if it is 2 trillion investment, the output value of the entire industrial chain will be more than one trillion yuan in a year, so it is natural that most people require independent operation, and CNOOC can participate, but as one of the shareholders and technology providers.

Therefore, after a day of debate, a new operational framework was introduced, and two new offshore oil extraction companies were established, initially named Donghai Petroleum Co., Ltd. and Nanhai Petroleum Co., Ltd., which are responsible for oil exploitation in the East China Sea and the South China Sea, respectively. The total share capital of the two companies is capped at 2.5 trillion yuan, of which about 200 shares will be offered to the public, which means that 1 trillion yuan of public funds will be raised, and the remaining and insufficient public share capital will be withdrawn from the foreign exchange reserves of the mainland and Taiwan Island respectively to make up for it.

This compromise basically takes into account the interests of the majority of the people in the Politburo, and can meet the interests of the various economic forces represented behind them, plus the threshold set is very high, 5 billion yuan is not a cash contribution that ordinary forces can afford, so it can greatly simplify the management of fundraising, after all, this oil feast is mainly shared within a small circle.

Although at the meeting, everyone was fighting for the interests of the forces behind them, but as we all know, in terms of the strength of the representatives behind the more than 20 committee members here, it is already the limit to be able to come up with 200 or 300 billion real money to invest in these two new companies, and they still have to leave a lot of money to make a fuss about the relevant industrial chain. Most of the profits are concentrated in the downstream of the industrial chain.

After all, the more than 1,000 listed companies that represent the essence of domestic enterprises have a nominal profit of a little more than one trillion yuan in a year, of which at least more than 60% are contributed by state-owned banks and two barrels of oil.

With funds from different sources, it is good to break the scene of several dominance in China, and the forces with slightly inferior strength will have the opportunity to participate in this feast and share a part, those with a refining background, and those with sales channels to do terminals, so that they can logically break the original monopoly situation. If it's just the state's investment backing, it's best for everyone to be empty.

However, after the news spread on a small scale, the enthusiasm of the outside world was beyond everyone's imagination. Not only Hong Kong, Macao, and Southeast Asia have heard the news, but even those who are not strong enough to invest alone have also come up with workarounds, and they have formed tens of billions of investment funds through joint efforts, and then expressed their willingness to invest through various channels, so in just a few days, the subscription of public share capital for the powerful faction of economic Chinese at home and abroad has far exceeded the limit.

The hand has just earned enough tens of billions of dollars of Oriental funds, under the promotion of the Lao Li family, even applied for the subscription of 60 shares of up to 300 billion yuan of share capital, although entering the energy field of nuclear power to make the old Li family make a lot of money, but when an unprecedented oil feast in front of the old Li family, the old Li family believes that before human beings find a better car fuel, oil is still an irreplaceable hard currency energy, which cannot be replaced by nuclear power, so it has great investment value.

As long as the oil controller in the rest of the world is in the hands of large European and American capital groups, the world oil price will not want to be cheaper, especially if China needs to import a large amount of money. As for the risk, as long as the PLA can control the situation in the South China Sea and the East China Sea, the rest is not enough to worry about, compared with the North Sea oil fields with extremely poor exploitation conditions in the UK, the exploitation conditions in the East China Sea and the South China Sea are already good, and the cost will be much cheaper than imports, not to mention the advantages of supplying the mainland and transportation, so the benefits of this investment are not bad at all.

As for the exploitation of the United States and Japan, and the chirping of other countries in the South China Sea, the old Li family believes that this is not a problem after analysis. Because the People's Liberation Army, which had just beaten the Japanese to the ground and couldn't find their teeth, in the eyes of the old Li family, was obviously capable of controlling the situation, and if they could beat them down in Diaoyutai, there would be a way to reproduce this scene in the South China Sea.

What's more, the old Li family also has an information channel advantage, through the Politburo reinforcement and through cooperation with Duke, you can learn about some of the latest new equipment of the People's Liberation Army at any time, although the detailed information obtained, but it is enough for understanding and judging the strength of the PLA, and now the main equipment of the PLA is still being updated at an accelerated pace, which fully shows that the strength of the PLA will only get stronger and stronger in the future, and there will be no problem in completely controlling the South China Sea and the East China Sea at that time.

Before the United States and Japan are absolutely sure of defeating the PLA Navy and Air Force, they still dare not easily and openly attack the offshore oil exploitation platforms invested by the mainland, which completely exceeds the bottom line of their actions, and there is no doubt that they will encounter strong retaliation from the mainland PLA.

And it just so happened that the silver earned from the last short sale is now not of great use, and it is really suitable to invest in this oil exploitation, this round of soaring oil market has made the American capital that received the rumors in advance take the lead, and the old Li family will naturally not go to join in the fun. Because of the lack of internal information in a short period of time, it is difficult to end up empty-handed and encounter the conspiracy of European and American capital.

This kind of operation with neither inside information nor the ability to control the disk is not the style of the old Li family, so it is better not to move.

In the long run, whether a firm or rising oil price is a high probability event, or whether it is more stable to invest in the real economy such as oil extraction. After all, oil prices are affected by various news in the short term, and their fluctuations will be very frequent, such as today's Persian Gulf war caused oil prices to suddenly soar, but tomorrow after the news that Chinese began large-scale oil extraction in the East China Sea and the South China Sea, it may fall sharply. In this case, it is too difficult to operate oil futures, so Lao Li simply joined Duke to make long-term investments.