Chapter 303 - 301 Unless You Outbid Him

Kaibong Corporation is one of the largest coal-fired power developers in the Kaibong country, currently headed by President Masumi Aoki, a fifty-year-old middle-aged man.

Over 90% of the coal imported from outside Kaibong enters the domestic market through them, and their existence is a very important hub for the entire country’s energy supply.

As usual, Masumi Aoki was in his office looking at the fluctuation of coal import prices for the year. Although the price of coal had dropped significantly compared to previous years, due to the pandemic, transportation costs were extremely high, and the profits of exporting countries had decreased, leading many of them to reduce or even stop their coal export quotas.

Even though coal is not a clean energy source, with nuclear and hydro power generation not yet mature, coal remains an indispensable energy resource.

Fortunately, Kaibong Corporation had long-term cooperation with several major exporting countries. Imports had become more difficult, but they were still able to meet the domestic power supply demands.

"Knock, knock, knock!" A sudden burst of rapid knocking came from the door.

"Come in," said Masumi Aoki.

A young man in a suit entered the office, his face looking somewhat frantic, even forgetting the usual courtesy.

"Section Chief Noguchi, what’s the matter that you are in such a rush?" Noting the expression on the young man’s face, Masumi Aoki didn’t press him on his breach of etiquette. Enjoy new adventures from novelbuddy

"President, our finance department just received a huge transfer from Bowen Energy Group. Have we recently made any strategic cooperation moves?" Hiroshi Noguchi, the chief of the finance department, discovered early this morning that their company account had mysteriously received an additional 1 billion US dollars!

He combed through all of the company’s recent transaction records, but the accounts were clear and without issue. This 1 billion US dollars seemed to have appeared out of thin air.

What was most strange was that the Bowen Energy Group had always been their coal supplier. If there were indeed a transfer, it should be them paying Bowen Energy Group, not the other way around. So why did they receive a payment from them?

"A huge transfer?" Masumi Aoki was taken aback. As the head of the company, he oversaw all matters big and small. If something like this were true, he shouldn’t be unaware of it, right?

"Look at this, President!" Hiroshi Noguchi lifted the tablet to Masumi Aoki’s eyes.

"1 billion US dollars? That can’t be right. It would have been surprising enough if they weren’t hurrying us for payment; how could they be transferring money to us? Could it be a mistake? But with such a large amount, how could there be an operational error?" Masumi Aoki was completely puzzled.

"No, that’s not right!" Masumi Aoki suddenly thought of something. Though the import-export contract had been signed years ago, he had been involved in drafting and revising it. Although there were annual updates, one figure had always remained fixed.

1 billion US dollars was exactly the penalty for breaching the contract!

With that realization, Masumi Aoki broke out in a cold sweat. Why would they receive a penalty for breach of contract? Naturally, it was because the other party intended to breach. According to their contract with Bowen Energy Group, they were obliged to export over 50 million tons of premium coal to them every year!

"Could they have encountered some problem?" Masumi Aoki immediately searched for Oliver’s contact information and called him without delay, without even considering the time difference.

...

"How could this young man, Zhang Menglong, be so rich?" Oliver floated in his private hot spring, constantly pondering the matter of Zhang Menglong.

When they were on the phone, Zhang Menglong just transferred 1 billion US dollars directly into their account.

Less than 2 minutes after hanging up, their account received another cash transfer of 50 billion US dollars!

This money was for Zhang Menglong to buy all of this year’s coal export quotas to the Kaibong country—and at a price massively above the usual!

According to the previous business model, Zhang Menglong only needed to make a down payment and then settle the payments quarterly.

But Zhang Menglong paid the entire amount at once and even arrogantly told him that if the money was in excess, the surplus was to be considered his personal compensation.

If it wasn’t enough, he could ask for more at any time!

At the last auction, Zhang Menglong had brought out over 100 billion US dollars in cash, and this time it was another 50 billion, in addition to his acquisitions like the Weibo platform and NetEase Music.

Just the cash he had used already exceeded 200 billion US dollars!

The previous world’s richest person’s entire assets, including fixed assets, didn’t even reach 200 billion US dollars!

```

With that money, Oliver suddenly became over the moon.

Although Kaibong was their biggest customer, they were not swift in paying. Every attempt to collect payments involved begging and pleading; they would not see a penny until the very last day stipulated in the agreement. Oliver had long since run out of patience with this.

This time, he finally found an opportunity!

The 1 billion US Dollars, he didn’t even notify them, he just slapped it onto Kaibong Corporation’s face. He had even envisioned the bewildered and utterly troubled expression on President Masumi Aoki’s face when seeing the money.

"Mr. Oliver, President Masumi Aoki from Kaibong Corporation is on the line for you," Oliver’s female secretary’s voice came through a small loudspeaker beside the hot spring bath.

"Tell him I’m taking a bath right now, it’s so enjoyable, I don’t feel like talking business; tell him to wait until I’m done soaking!" Oliver said with utmost enjoyment.

"It used to be that I needed to go through you to make money, so I endured it, now that I have a wealthier partner, who would care about you guys?" Oliver muttered to himself.

"What? He is taking a bath?" Masumi Aoki on the other end of the line turned red with fury upon hearing the relayed message, but he suppressed his anger and continued, "Could you please ask Mr. Oliver when he will be done with his bath?"

"Mr. Oliver said, he will talk when he feels like it, and as for when that will be, it depends on his mood."

"Bang!" Masumi Aoki slammed his desk hard, struggling to restrain himself, "Please tell Mr. Oliver, I’ll contact him again in half an hour!"

"What the hell is going on?" Masumi Aoki’s face contorted viciously. Oliver had always been very careful about maintaining their direct relationship, so why had his attitude changed so suddenly?

After waiting anxiously for half an hour, Masumi Aoki called Oliver again.

At this time, Oliver had just finished drying his hair as he walked out. He hit the speakerphone button, "Yasa, translate for me!"

"Mr. Aoki, what’s so urgent?" Oliver took his time responding.

"Mr. Oliver, what does that 1 billion mean? Is Bowen Group cutting off cooperation with us?" Masumi Aoki asked, "With such high prices and volume, could you find a second buyer aside from us?"

"Mr. Aoki, aren’t you asking the obvious?" Oliver chuckled, "That 1 billion US Dollars is the contractual penalty for breach of agreement, and as for our new client, they offered a higher price, so naturally, we chose them!"

This chapter is updated by freēwēbnovel.com.

"Who did you sell to?" Masumi Aoki inquired; to offset the 1 billion breach of contract fee with their import scale and per ton price, the other party had to raise the price by at least 10 US Dollars a ton!

"Our new customer is a generous man from Huaxia!" Oliver laughed, this was also Zhang Menglong’s instruction—to just tell them if asked, "He is the current world’s wealthiest man, Mr. Zhang Menglong."

"Zhang Menglong?" Masumi Aoki’s face changed, "What price did he give?"

"40 billion US Dollars to buy out your Kaibong’s share in our Bowen Coalfield imports!"

"Is he out of his mind?" Their plan in Kaibong for this year was to import 75 million tons from them, which with the current prices, wouldn’t even be 50 billion US Dollars, yet Zhang Menglong had given eight times that amount!

"Mr. Oliver, do you truly believe he can pay this amount?" Masumi Aoki sneered.

"My dear President Aoki, the generous Mr. Zhang has already wired the money to our account," Oliver responded.

"What?" Masumi Aoki’s expression turned as unsightly as if he had eaten excrement, "Mr. Oliver, was our previous cooperation not satisfying enough for you?"

Instantly, Oliver cursed Masumi Aoki’s ancestors in his mind.

Satisfactory or not, didn’t he have any Cred Points? The other party paid upfront without even receiving the goods! And you? Your price isn’t even a fifth of theirs, and you also owe money!

One would have to be insane to choose you!

"President Aoki, I am not someone who disregards friendship," Oliver said sarcastically, "but as merchants, naturally we sell to whoever offers a higher price. Just offer more than Mr. Zhang, and I assure you, I will break the contract and sell the coal to you right away!"

"Also!" Oliver added, "The breach of contract fee in our agreement with Mr. Zhang is 10 billion US Dollars, and that sum would also need to be covered by you, oh!"

```

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