Chapter 188: Sea Snake Company

“Big Brother Chu!”

After Chu Xian walked over, Li Long forced out a smile.

“En!” Chu Xian smiled. “Is your father alright?” Talk to him. There is always a chance to start over. Death solves nothing, he just needs to gamble less in the future.”

“Yes.” Li Long’s smile was pale. “My father has calmed down, and after this experience will never gamble again.”

“Then that’s good!” Chu Xian nodded. “Can you tell me about your family’s company?”

“Okay!” Li Long nodded. He looked at his father’s lowered head and then turned away, taking a moment to organize his thoughts.

“Our family’s company catches and processes sea snakes. We have over a hundred experienced workers who capture snakes for us, going out to sea at night to catch them.”

“We send the captured snakes back to the company headquarters. We have some high-tech equipment that we shipped over from a medical company in Germany. We spent forty to fifty million just on this equipment to extract, analyze, and store the different parts of the sea snakes.”

“The snake gallbladder, oil, blood, skin, and venom are all completely extracted and then sold to different hospitals and pharmaceutical companies. We have professional employees handling all of this.”

“Although our company is not large, our equipment is excellent, and every year we make a very good profit!”

Li Long explained.

Chu Xian nodded. A live sea snake had many useful ingredients that could be extracted with different methods. The meat was the cheapest, but Li Long’s family still sold the snake meat to distilleries that used the snake meat as an ingredient in medicinal liquor. A single snake could be used in a dozen catties of liquor, and is very valuable.

A dead sea snake’s value plummeted by over a multiple of ten, and this was why Grandpa Feng’s boss had been so furious that other time.

“What is the market value of your company?” Chu Xian asked with great interest.

“The market value is about a billion rmb, mostly due to our equipment and staff and the experienced fishermen. Our fishermen have signed long contracts with us for decades, and nowadays the sea snake population is decreasing so it is becoming more difficult to catch them. No one can say for sure whether or not sea snakes will become endangered in ten years, and so the market is still a little small.” Li Long explained.

Chu Xian nodded. In the early two thousands, before many of the uses of the different parts of the sea snake was discovered, there was a flourishing population, but as people discovered the use of each part, more and more sea snakes were hunted and captured, and now the population had fallen by a lot.

In the present day, only the Gulf of Thailand and Vietnam still had large populations of sea snakes. Everywhere else, the creatures were rarely seen.

Moreover, it was becoming more and more difficult to capture the snakes. In the heyday, large groups of snakes often came up to the surface, but nowadays they mostly stayed in the deeper waters.

“How familiar are you with the different procedures for catching and processing the fish? If you have the same equipment, can you start another company?” Chu Xian asked.

“No!” Li Long shook his head. “You can buy the equipment, but very few people know how to catch sea snakes, and even fewer pursue this as a full-time job. Sea snakes are extremely poisonous, and it is very easy to die while trying to catch them!”

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Chu Xian nodded and rephrased,” What I mean is, if I have people who can catch the fish and also have the equipment, can you start another company?”

“Of course we can. My father is incredibly familiar with all the different procedures to process the snake ingredients, and I’ve also studied for months. I am extremely familiar with all the different procedures!” Li Long nodded, his eyes gleaming with expectation.

“En. Then it might work out. If I want to start a company, even though the Thai government forbids foreigners from catching sea snakes, I imagine that if we cooperate then there won’t be any problems?” Chu Xian smiled and asked.

“Of course there will be no problem. I need to ask my father.” Li Long nodded and turned to his dad and spoke quickly.

Li Long’s father raised his head and inspected Chu Xian with great interest before replying to Li Long.

“My father has agreed, but how will we divide the company?” Li Long had an embarrassed expression as he asked.

“I can buy the equipment and provide the employees to capture the snakes, and I can promise that the snakes we will catch will be many dozens the amount that you have caught before. You provide the technique and experience. How much do you think you should get?” Chu Xian smiled at them.

“This…” Li Long hesitated before turning back to his father.

Chu Xian smiled, and after some give and take both sides came to an agreement.

Because Chu Xian could guarantee that the amount of sea snakes would be a dozen times their previous yield, Li Long and his father only asked for ten percent of the company.

Chu Xian had no objections, after all they had all the expertise and skill, and ultimately he gave them fifteen percent.

The fifteen percent came with the full responsibility for managing the company. Chu Xian would only send people to supervise, and if the family ever wanted to sell their share they could only sell to him, and they would also have to hand over their knowledge.

After Li Long and his father talked it over they agreed to the deal; in fact, at this point, even if the offer was worse they still would have agreed.

“Then I look forward to a smooth collaboration!” Chu Xian stood up and extended his hadn.

“To a smooth cooperation!” Li Long and his father both shook Chu Xian’s hand.

“When you return to your country, I will send people to Thailand. At that time you can talk with my agent about the details. Let’s exchange contact information first!” Chu Xian laughed and said.

Obvious Chu Xian could not manage every aspect about a new company in Thailand, and so he was prepared to send Old Huang with Sword One and some of the newly remolded mermen.

He would not interfere with the management of the company and would leave that in the experienced hands of Li Long and his father. All he would do is supervise and provide the capital.

Chu Xian had no worries about Old Huang leading mermen to capture sea snakes in the gulf.

With the speed and reaction time of the mermen, and also their fish-based bodies, they were largely resistant to the venom of the snakes. He had no hesitation about sending them to catch sea snakes; each one of them was worth a hundred men.

“Brother Chu Xian, I really need to thank you!” Li Long said with a sincere face.

“Haha, there’s no need, no need. This is a beneficial arrangement for both of us. That’s right, after we start the company you will need to work hard. In the future you might end up managing the entire company, and at that time we won’t be limited to just extracting and selling. We can also start our own research and development. In the future, our Paradise Sea Snake company will have many avenues of development for tech and medicinal research. You’ll have a lot to learn.”

Chu Xian patted his shoulder. “I have a lot of hope for this company. Perhaps you don’t understand yet, but when you meet the people I’ll send to Thailand you will understand. This company won’t be a small family company anymore. Work hard, after all, you do own 5% of the company!”