Chapter 910 Charity
Yang Jing was very happy that this matter was done smoothly.
As the saying goes, good things come in pairs. Yang Jing, who lived in the hotel with Princess at night, received a call from Guo Dabao again. The call was nothing, but it was mainly to tell Yang Jing that Rongbao Mining’s dividends this year have been reduced again.
Of course, it is a good thing to share money, so today is a double happiness.
Rongbao Mining developed extremely rapidly in 2019, especially the two precious metal mines found in Papua New Guinea and the old oil field obtained in Baku, which directly pushed Rongbao Mining into a world-class mining company.
Although Rongbao Mining does not have many core mines, whether it is the oil fields in Beaumont, Algeria, Baku, or the two precious metal mines being developed in Papua New Guinea, they are all extremely high-quality mines. Any one of them will arouse the coveting of many international mining giants.
Although the two precious metal mines in Papua New Guinea have not yet been produced, the precious metal reserves that have been proven by the two precious metal mines are extremely attractive. As for the three oil fields, the mining cost is extremely low because they are both old oil fields. Even if the international oil prices are currently very low, Rongbao Mining still has huge profits.
According to the current international oil prices, it would be good if others do not lose every barrel of crude oil to mine. However, these three old oil fields of Rongbao Mining can still maintain a net profit of fifteen US dollars per barrel. This is unimaginable under the current circumstances. In addition to a few high-yield self-blasting wells in the Middle East that can maintain such profits, more than 99% of all oil wells produced in the world can only stare at them.
Therefore, even though Rongbao Mining invested heavily in Papua New Guinea to develop the two precious metal mines, Rongbao Mining's annual profit is still quite considerable thanks to these three old oil fields, especially the Beaumont Oilfield in the United States and the Oham Oilfield in Algeria.
Although the old oil field in Baku has a large reserve, it has only been discovered for a short time, so the oil field has not made any profit. But once the oil field is officially put into production, the profits it brings to Rongbao Mining every year will exceed the total profits of the two old oil fields, Beaumont and Oham!
Therefore, by the end of the year, Rongbao Mining gave Yang Jing another considerable dividend - US$480 million.
This dividend is not even as much as last year's dividend, but Yang Jing knows that if two precious metal mines in Papua New Guinea start to produce at this time next year and the Baku oil field begins to re-invest, the dividends next year will be several times that of this year!
"Wife, Uncle Guo just called and told me that he had paid again. Your husband now has money. See what you want to buy?"
"Ah? Are you dividing the money again?" The girl, Princess, was not concerned about money at all. For her, as long as she had enough money, she would be able to spend it.
"Yes! That's why I asked you what you want to buy."
"Okay, don't ask me anymore. I don't know what to buy." The princess shook her head, but she suddenly seemed to remember something, and she tilted her head and thought for a long time before saying, "Yang Jing, if you have too much money and don't know how to spend it, I have an idea here."
"Okay! Come and listen quickly. If it works, let's buy it now."
"Oh, it's not about spending money to buy things. I mean, should we do something meaningful? For example, we also donate a few love primary schools to children in poor areas? And love lunch and other things, we can do it."
This made Yang Jing stunned for a moment, and then he smiled bitterly and said, "I understand what you mean. This is a good thing, I support it. But my wife, I have already started to make plans for this matter and plan to start implementing it next summer vacation. My plan is to donate twenty to thirty primary schools to poor areas every year starting next year, and then provide free loving lunch for children in these schools. However, this plan requires a lot of people to implement and also requires the support of local government departments. We can't do these things alone."
Princess looked at Yang Jing and nodded with a smile, "It's good that you have had this idea for a long time. This means you are a caring person. But why do you delay your plan until next summer vacation? Why can't we start operating this now?"
Yang Jing said: "It's very simple, because we don't have that many people."
"Does it still require manpower to do charity? Isn't it enough for us to donate the money directly to those charities?" asked Princess in confusion.
Yang Jing shook his head slightly, then looked at Princess seriously and said, "Wife, do you really believe in those so-called charities? It's okay for us to donate money, but it's hard to say whether the money we donated can be used on those children. A few years ago, there have been some negative news about charities in China, which makes me unable to believe in those so-called charities now, so I plan to do it myself, so I can ensure that all the charity funds we donated can be used on those children."
"Oh, what you said seems to make sense. I have seen those negative news, but I don't believe it very much."
"Silly wife, is this something you believe or not? As the saying goes, groundless things must be caused. Since those negative news broke, it means that some charities in our country are really not good, otherwise how could so many horrible scandals be revealed? Besides, as far as I know, many charities in China are very bloated, and there are so many rice insects that only eat but not work. We donate money to help children in need, not to feed those rice insects. So, I think it is better for us to operate our own money."
The princess nodded and said, "Well, since you have plans, then follow your plan. But if you really do charity next year, I want to do it myself, and I want to help more children in need."
"This is a good thing. Wife, if you are willing to do this, then you can take charge of our charity fund? I plan to set up a charity fund next summer vacation, with the first batch of injected funds at least 100 million US dollars, and then inject no less than this amount of funds into it every year. If you need it, it will be fine if you want to take charge of this charity fund, that's great, so I can also feel at ease and boldly invest more money in it."
Chapter completed!