Chapter 65 Electricity(2/2)
Directly transferred to the country, naira is settled with US dollars, and US dollars are settled with RMB. The exchange loss is several points. If I use the money earned by Kanem to purchase palm oil and import it into the country, not only will I not have to suffer exchange losses, but I will also
Wouldn’t it be nice to make extra money from the palm oil trade?”
"How much money can you make just thinking about this?" Song Yuqing asked doubtfully.
"Although it's not much, wouldn't it be better if there were more?" Cao Mo said.
"There are only a few large grain and oil merchants that import large quantities of palm oil in the country and sell them in packages. If you only sell three to five hundred tons of palm oil a year, they will not cooperate with you - bulk goods like yours,
Cargo inspection is very troublesome," Song Yuqing said.
"Is it possible to tell the company directly that I registered a trading company in Draculamo to purchase oil palm fruits, and then sell the oil palm fruits to the crushing factory, but the payment will be settled in RMB domestically?" Cao Mo asked.
"Dongsheng actually encourages employees to start their own businesses," Song Yuqing, who has more contact with senior management and is more familiar with Dongsheng's policies than Cao Mo, said, "For example, with a trading company like the one you mentioned, the company may also have
Employees jointly invest and directly register in China, which is equivalent to Dongsheng handing over part of the related business to internal employees for contracting. However, for this kind of internal start-up company, Dongsheng needs to hold a certain share, and you can only acquire oil palm.
Part of the profits generated from the fruit will be transferred directly back to the country, but the part of the funds directly used to purchase the oil palm fruit should not be transferred to the country... Of course, unless you have connections at the top of the company and agree to register a sole proprietorship company to participate
The company’s trade chain! Just like this, you and the company have to be completely decoupled again, and this is no longer an internal entrepreneurship..."
"It's so complicated!" Cao Mo scratched his head and realized that he still couldn't fully consider the pros and cons...
"Of course, the company can let you take advantage of it at will?" Song Yuqing said with a smile, "If you don't have a lot of money, just exchange it honestly, it doesn't need to be so complicated - Mr. Yang and the others have almost 20 million this time
Chapter completed!