I collect gold fingers in the heavens

Chapter 550 A Wonderful Country

【Monsoon】The company is too high-profile, and some people secretly fueled the flames, which has seriously affected the interests of 【Elephant Weather】, and 【Elephant Weather】is ready to fight back.

A civilized world requires a civilized way.

[Elephant Weather] began to collect evidence.

Evidence gathering is actually more difficult.

Either the evidence comes from inside, [Elephant Weather] can obtain some important internal evidence of [Monsoon] company by buying insiders or other methods to prove that [Monsoon] company stole the weather data of [Elephant Weather] .

But this is more difficult.

Whether it is [Elephant Weather] or the parent company [Chaoqun Group], they have almost never invested in Tianzhu, and their influence in this country is very low.

Different from the beautiful country, although the relationship between the [Superior Group] and the beautiful country is not very friendly, to be honest, the influence of the [Superior Group] in the beautiful country is far greater than that of Tianzhu.

[Chaoqun Group] For a long time, there has been a mentality of respecting Tianzhu.

It cannot be said to be [respectfully stay away]!
should say

This mentality comes from its controller Wu Siyuan.

Because Wu Siyuan believes that Tianzhu Kingdom is a country that can only be described as a wonderful flower.

[Chaoqun Group] After its domestic business development is booming, there have been voices saying that it wants to go out.

Going out, Wu Siyuan did not object.

This is a good way for him to expand his influence.

However, Wu Siyuan categorically rejected the proposal of some people in [Chaoqun Group] to invest heavily in Tianzhu.

[Super Group] These [strategic analysts] believe that the reason for investing in Tianzhu is very simple.

With a large population, Tianzhu will surpass Hua, and will become a country with a large population in the future.

Most importantly, its population structure is better than that of the current Huaguo, with a majority of young people.

This is the demographic dividend.

The [Strategic Analyst] of [Super Group] believes that the current Tianzhu Kingdom is the Hua Kingdom more than 20 years ago.

Investing in Tianzhu is investing in the future, and there will be exaggerated returns.

The [Rice Company] that didn't see Huaguo has invested heavily in Tianzhu, and regards Tianzhu as an important strategic area for its stock price to come back to life.

Tianzhu State said that it would promote [Made in Tianzhu], and [Rice Company] would [do everything possible] to persuade its parts supporting companies to enter Tianzhu State.

In 2014, [Rice] entered the Tianzhu market.

Entered in July, and in October of that year, [Rice Phone] had already sold 7 units in Tianzhu.

到了2016年3月份的时候，【大米】在天竺国推出赤米3，截止至当年9月，赤米3售出230万部，平均每7秒售出1部。

In December of the same year, [Rice] rose to 12% in the Tianzhu smartphone market, ranking second, and its revenue exceeded 10.7 billion US dollars, achieving profitability for the first time.

In 2017, [Rice] replaced [Samsung] and became the smartphone with the highest market share in Tianzhu.

In 2018, [Rice Phone] shipped 4100 million units in Tianzhu, with a revenue of 229.7 billion yuan.

In the third quarter of 2019, [Rice Phone] shipped 1260 million units in Tianzhu, while domestic smartphone shipments in the same year were 970 million units. Tianzhu became the single market with the highest shipment of [Rice Phone].

The sales volume of [Rice] in Tianzhu is an important factor that has boosted the stock price of [Rice] over the years.

With the [proofing] of [Rice Phone] in Tianzhu, many domestic mobile phone manufacturers have also gone to Tianzhu, and achieved good results in Tianzhu.

The [Strategic Analyst] of [Super Group] used this example to convince Wu Siyuan and other executives within the group.

Many executives said at high-level meetings that when the domestic market tends to be saturated, they can invest a small amount of money to test the Tianzhu market. Even if the investment fails, the loss will not be serious.

But these suggestions were rejected by the hardline Wu Siyuan.

First, [Chaoqun Group]'s products and services are mid-to-high-end, and Tianzhu's per capita GDP is low, so it is not their consumer target.

Second, Wu Siyuan knows how wonderful the country and people of Tianzhu Kingdom are!
There is an international joke:
If you met a Indian and a snake in the jungle, which one would you kill first?
The answer is: Tianzhu people!
Because the Tianzhu people and the country of Tianzhu have [unpredictability]!
Unpredictability means not playing cards according to the rules, which is a typical weirdness.

More importantly, this kind of unpredictability is often accompanied by lurking murderous intentions and ubiquitous murderous intentions! !

Doing business in Tianzhu will encounter many unpredictable factors, which are real business risks. The key is that such factors are difficult to quantify.The low performance rate of Tianzhu and Tianzhu Company is well-known in the world. Even international companies with great power are often disgraced in Tianzhu.

For example, [Vodafone] and [Yangtze River Heji] received huge fines from the Tianzhu government for an acquisition more than ten years ago.
The reason is this. In 2007, [Vodafone] purchased 110% of the equity of [Hutchison Aisha] from [Yangtze River Heji] at a price of 67 billion U.S. dollars, thus acquiring the largest mobile communication company in Tianzhu. After that, [ Vodafone has developed smoothly in Tianzhu, and the number of users reached about 2016 million by 1.3.

At that time, [Vodafone] completed the acquisition by acquiring the parent company of [Hutchison Aisha] registered on an offshore island country.

However, nine years later, in 2016, the Tianzhu taxation department issued a tax penalty of 1121.8 billion rupees (about 25.2 billion US dollars) to the wholly-owned subsidiary of [Vodafone Group], saying that the Great Eagle Telecom Group [Vodafone] must For its acquisition of Tianzhu mobile operator [Hutchison Aisha] in 2007, it paid $25.2 billion in capital gains tax to the relevant departments of Tianzhu!
Not to mention that the Great Eagle Kingdom was the former suzerain of Tianzhu Kingdom, and it still maintains a strong influence in Tianzhu Kingdom.

It is said that these international chaebols, employing so many legal professionals and tax professionals, have long studied the loopholes in the laws of various countries clearly, and the transaction process must have effectively avoided the dangers brought by the laws in advance.

When [Vodafone] received the tax fine from Tianzhu, [Vodafone Group] was very puzzled.

[Vodafone Group] argued that since this transaction occurred overseas, it should not be taxed in Tianzhu, and Tianzhu should reinterpret the Tianzhu tax law in a new way. Moreover, Tianzhu has no precedent for collecting such transaction tax for overseas equity transfers. [Vodafone Group] stated that it is difficult to understand the logic of the Tianzhu tax authorities seeking to impose penalties on this matter. Even the Tianzhu tax authorities themselves described the case as a [test case], which means that there is no precedent and no legal support.

The two parties fought this tax dispute from 2007 to 2020. The lawsuit went to the District Court, then to the High Court, then to the Supreme Court, and finally to international arbitration.

(End of this chapter)