Hunter Biden pursued lucrative deals involving China’s largest private energy company — including one that he said would be “interesting for me and my family,” emails obtained by The Post show.
One email sent to Biden on May 13, 2017, with the subject line “Expectations,” included details of “remuneration packages” for six people involved in an unspecified business venture.
Biden was identified as “Chair / Vice Chair depending on agreement with CEFC,” an apparent reference to the former Shanghai-based conglomerate CEFC China Energy Co.
His pay was pegged at “850” and the email also noted that “Hunter has some office expectations he will elaborate.”
In addition, the email outlined a “provisional agreement” under which 80 percent of the “equity,” or shares in the new company, would be split equally among four people whose initials correspond to the sender and three recipients, with “H” apparently referring to Biden.
The deal also listed “10 Jim” and “10 held by H for the big guy?”
Neither Jim nor the “big guy” was identified further.
The email’s author, James Gilliar of the international consulting firm J2cR, also noted, “I am happy to raise any detail with Zang if there is [sic] shortfalls ?”
“Zang” is an apparent reference to Zang Jian Jun, the former executive director of CEFC China.
Another email — sent by Biden as part of an Aug. 2, 2017, chain — involved a deal he struck with the since-vanished chairman of CEFC, Ye Jianming, for half-ownership of a holding company that was expected to provide Biden with more than $10 million a year.
Ye, who had ties to the Chinese military and intelligence service, hasn’t been seen since being taken into custody by Chinese authorities in early 2018, and CEFC went bankrupt earlier this year, according to reports.
Biden wrote that Ye had sweetened the terms of an earlier, three-year consulting contract with CEFC that was to pay him $10 million annually “for introductions alone.”
Emails reveal how Hunter Biden tried to cash in big on behalf of family with Chinese firm