Chapter 37 A Weird Country

Monsoon's company is too high-profile, and with the secret fueling of some people, it has seriously affected the interests of Elephant Weather, so Elephant Weather is ready to fight back.

A civilized world requires civilized ways.

Elephant Weather] began to collect evidence.

Collecting evidence is actually more difficult.

Either the evidence comes from internal sources, and Elephant Weather can obtain some important evidence within Monsoon by bribing insiders or other methods to prove that Monsoon stole Elephant Weather’s weather data.

But this is more difficult.

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

Unlike the beautiful country, although the relationship between the Chaoqun Group and the beautiful country is not very friendly, to be honest, the influence of the Chaoqun Group in the beautiful country far exceeds that of Tianzhu.

Chaoqun Group] has always had a respectful attitude toward Tianzhu.

It can’t be said that we keep a respectful distance]!

should say

This mentality comes from its controller Wu Siyuan.

Because Wu Siyuan believes that Tianzhu is a country that can only be described as weird.

Chaoqun Group] After its domestic business has been booming, there have been voices saying that it wants to go global.

Wu Siyuan did not object to walking out.

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

However, some people within Chaoqun Group said that they wanted to invest heavily in Tianzhu, but Wu Siyuan flatly rejected it.

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

Tianzhu has a large population and will surpass China and become the most populous country in the future.

The most important thing is that its population structure is better than that of China today, with a majority of young people.

This is the demographic dividend.

Strategic analysts of Chaoqun Group believe that the current Tianzhu country is the Chinese country of more than 20 years ago.

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

I haven’t seen the rice companies in China] have invested heavily in Tianzhu, treating Tianzhu as an important strategic area for reviving their stock prices.

Tianzhu said that it would promote manufacturing in Tianzhu, so the rice company tried every means to persuade its parts and components companies to enter Tianzhu.

In 2014, rice] entered the Tianzhu market.

It entered the market in July, and in October of that year, rice phones had sold 500,000 units in Tianzhu.

By March 2016, Dami launched Redmi 3 in India. As of September of that year, Redmi 3 had sold 2.3 million units, with an average of one unit sold every 7 seconds.

In December of the same year, Dami's share of the Tianzhu smartphone market rose to 10.7%, ranking second, with revenue exceeding US$1 billion and achieving profitability for the first time.

By 2017, rice replaced Samsung and became the smartphone with the highest market share in Tianzhu.

In 2018, rice mobile phones shipped 41 million units in Tianzhu, with revenue of 22.97 billion yuan.

In the third quarter of 2019, rice phone shipments in Tianzhu were 12.6 million units, while domestic smartphone shipments in the same year were 9.7 million units, making Tianzhu the single market with the highest rice phone shipments.

The sales volume of rice in Tianzhu has been an important factor in boosting the stock price of rice over the years.

With the proofing of rice mobile phones in Tianzhu, many domestic mobile phone manufacturers have also gone to Tianzhu and achieved good results in Tianzhu.

The strategic analysts of Chaoqun Group used this example to persuade Wu Siyuan and other senior 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 losses will not be serious.

But these suggestions were rejected by the tough 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 weird the country and its people are in Tianzhu!

There is an international joke:

If you met a Tianzhu and a snake in the jungle, which one would you kill first?

The answer is: Tianzhu people!

Because Tianzhu and the country of Tianzhu are unpredictable]!

Unpredictability means not playing by the rules, which is a typical weird thing.

What's more important is that this kind of unpredictability is often accompanied by lurking murderous intentions and ubiquitous murderous intentions!

When doing business in Tianzhu, you will encounter many unpredictable factors, which are real business risks. The key is that such factors are difficult to quantify. Tianzhu and Tianzhu companies are internationally renowned for their low performance rates. Even international companies with huge energy often end up in disgrace in Tianzhu.

For example, Vodafone and Cheung Kong Heji received huge fines from the Tianzhu government due to an acquisition more than ten years ago.

The reason is this. In 2007, Vodafone bought 67% of the equity of Hutchison Aisha from Yangtze River Heji for US$11 billion, thereby acquiring Tianzhu's largest mobile communications provider, uu read

After that, Vodafone developed smoothly in Tianzhu, with the number of users reaching about 130 million by 2016.

At that time, Vodafone completed the acquisition by acquiring the parent company of Hutchison Asia, which was registered in an offshore island country.

However, just nine years later, in 2016, the Tianzhu tax department issued a tax fine of 112.18 billion rupees, equivalent to approximately US$2.52 billion, to the wholly-owned subsidiary of Vodafone Group, saying that Vodafone, the Great Eagle Telecom Group, must pay for its 2007 In the transaction to acquire Tianzhu mobile operator Hutchison Asia, US$2.52 billion in capital gains tax was paid to relevant departments in Tianzhu!

Not to mention that Daying Kingdom was the former suzerain state of Tianzhu Kingdom, and it still maintains a strong influence in Tianzhu Kingdom.

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

When Vodafone received the tax penalty from Tianzhu, Vodafone Group was very puzzled.

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

The two parties fought over this tax dispute from 2007 to 2020. The lawsuit went to the local court, to the high court, to the Supreme Court, and finally to international arbitration.