Chapter 133: SONY in Distress

Bao Quanfu, like Li Yisong, only married one wife, did not take concubines, he has four children, two sons and two daughters, the eldest son Bao Yunshan is now the CEO of Carrefour Group, and also serves as a director of the board of directors of Hang Seng Bank; The eldest daughter, Bao Yunchun, served as the deputy general manager of InterContinental Hotels Group in the same year as Li Hualong; The second son, Bao Yunlong, was the same year as Li Huahu, and now works in Hang Seng Bank, although he did not enter the board of directors, but became the senior management of Hang Seng Bank; The youngest daughter, Bao Yunqiu, holds senior positions in Evergrande and Centaline Real Estate.

Bao Quanfu's four children have all married and had children, and now, the number of his grandchildren has twelve, many of these people are classmates with Li Yisong's grandchildren, plus Li Bao's two families have a close relationship, and the elders often move around, making their grandchildren very close, Li Yisong and Bao Quanfu did not form a family of children and daughters, but their grandchildren have five marriages, which makes the relationship between their two families longer and closer.

Li Hualong chatted with Li Huahu and others for a while, and Bao Yunqiu came over.

"Third brother, you haven't been to Centaline Real Estate for a long time to guide work." Bao Yunqiu said with a smile.

Li Yisong's four sons and Bao Quanfu's four children have been friends since childhood, just like brothers and sisters, Bao Yunqiu is the youngest, and her brothers and sisters also take the most care of her, Bao Yunqiu's second brother Bao Yunlong is younger than Li Hualong, but Bao Yunqiu has called Li Hualong "third brother" since he was a child, and Li Hualong is used to Bao Yunqiu calling him so.

"What about guiding work, Yunqiu, do you want to work in the mainland?" Li Hualong joked.

"That's what a lot of people in Hong Kong say now." Bao Yunqiu said with a smile, "Third brother, the transaction price of second-hand houses in Hong Kong has fallen a lot recently, and you are not interested in buying some?" ”

"The outlook for Hong Kong's property market is uncertain, and house prices are likely to fall. If it is a house in a good location, the whole house is sold, and the price is right, you can consider buying it. Demolished and rebuilt in the future. If it is a one-piece house, there is no need to buy it for the time being. ”

"Okay, I'll pay attention, and I'll let you know as soon as I encounter a good building for sale."

"I'm sorry for you."

"Third brother, you are too polite to speak, I will work for you, this is all within my responsibility."

Li Hualong smiled noncommittally, and instead chatted with Bao Yunqiu's husband Li Fuhua.

Li Fuhua is a lawyer, not from a famous family. Before he met his wife Bao Yunqiu, he first knew Li Hualong, and at that time, Li Hualong had a cooperative relationship with the law firm where Li Fuhua worked.

After Li Hualong and Li Fuhua dealt with this person a few times, he felt that this person was upright, flexible, and very capable of working, when he learned that the other party was not married and had no girlfriend. He introduced Bao Yunqiu, who had no boyfriend at the time, to Li Fuhua.

At that time, Li Fuhua met with Bao Yunqiu with the attitude of trying it out, but he didn't think about Wang Ba to mung beans. It was love at first sight.

After nearly half a year of dating, Li Fuhua and Bao Yunqiu got married, and Li Hualong became their matchmaker, and the two got married. has always been very affectionate, and now they have a third brother and a child, a son and two daughters. Life is very happy.

Many years later, with the strong support of Li Hualong, Li Fuhua reached the pinnacle of his life...... These are all later words, so I won't show them for the time being.

(Note, you can guess what kind of person Li Fuhua will become.) )

On the evening of July 20, Li Hualong and his three wives came to the rooftop to watch the stars and chat.

Li Hualong took a sip of iced tea, asked with a smile: "In a few days, the eighth anniversary of the establishment of Carrefour Company, there will be a celebration party, which of you will accompany me to participate?" ”

Xi Chongyi was puzzled: "I clearly remember that the first Carrefour opened on New Year's Day in 1959, and it will be more than five months before it will reach its eighth anniversary." ”

Li Hualong explained with a smile: "This eighth anniversary is the time when the company was incorporated. ”

"Oh, that's it!" Xi Chongyi suddenly realized.

"Don't do this or that, Chongyi, you can go with me." Li Hualong smiled and said, "The previous two times, it was Meng Meng and Sisi who accompanied me to the cocktail party, and this time it was your turn." ”

"Can I not go?" Xi Chongyi asked with a smile.

"Can't! It's your obligation! Li Hualong said seriously, and after speaking, he smiled again, "It's the eighth anniversary of the establishment of Carrefour, and it's the first time to hold a formal celebration party, and I can't help but bring a female companion." ”

"Who attended?" Xi Chongyi asked.

"It's mainly the supplier representatives, but also the company's top management, as well as the employees of the purchasing department."

"How was Carrefour's performance in the first half of the year?" Yang Meng asked casually.

"The specific figures have not yet been counted, and compared with the first half of last year, it is expected that sales in the first half of this year will increase by three percent." Li Hualong smiled.

"That's a lot." Yang Meng muttered.

"It's nothing, in the second half of last year, and in the first half of this year, there were new stores opened." Li Hualong took a sip of tea and continued, "I estimate that in the next two or three years, Carrefour's performance will not grow as fast as in previous years. ”

"This is normal, after all, Carrefour is only developing in one place in Hong Kong, and the market will always be saturated one day." Yang Meng smiled, "Do you want to develop overseas?" ”

"I've thought about it. In another three to five years, I will go to Japan and Singapore. ”

A few days later, before the reception for the eighth anniversary of Carrefour's founding, Li Hualong learned the good news that Akio Morita, the president of Sony (equivalent to the chairman), would personally visit him in Hong Kong.

As early as the opening of the first Carrefour supermarket on New Year's Day in 1959, Carrefour established a supply and marketing relationship with the Sony company, and Carrefour sold black and white televisions and radios produced by Sony.

With the continuous growth of Carrefour's strength, Sony company is also more and more interested in Carrefour as a sales platform, after negotiations between the two sides, Carrefour finally became the exclusive distribution right of Sony's various products in Hong Kong.

In the 50s, black-and-white TVs made by Sony began to sell well, which brought a large capital accumulation to Sony, however, Sony never actively managed to enter the market for color TVs. At the beginning, Jing Shen insisted on manufacturing color TVs with "grid-controlled color development tubes", and the development cost of a single guide was as high as 400,000 yen, and only about 1,000 units were sold, causing the company's stock price to plummet, and the market value continued to shrink, and it was on the verge of bankruptcy.

Hearing the news that Sony Company was in crisis, Li Hualong took the initiative to throw an olive branch to Sony Company and expressed his willingness to invest in Sony Company.

The representative of Sony in Hong Kong was well aware of Li Hualong's financial resources, and he believed that Li Hualong's shareholding in Sony was a good thing for the development of Sony Company, and when he sent the news back to Japan, he also transmitted Li Hualong's details to the company's headquarters.

Akio Morita, chairman of Sony, has long known Li Hualong, after all, Carrefour is the main partner of Sony, and many films produced by Huayi Brothers Pictures under Li Hualong have landed in Japan every year, and there are not many box office hits.

After all, the profitability of Sony Company is poor and the market value is low, if new shares are issued at market price to supply Li Hualong, they feel very at a loss, but they do not want to give up this opportunity, after all, Sony Company is in a critical situation and may collapse at any time.

For Akio Morita's arrival, Li Hualong showed enough respect to him, he personally greeted him at the airport, and arranged for Akio Morita to stay in the presidential suite of the Mandarin Oriental Hotel, and he came to pay for the accommodation and catering.

Li Hualong is optimistic about the future of Sony, even if the company's net asset value is negative at this time, he is willing to subscribe for the new shares issued by Sony at a premium.

At the reception dinner, Akio Morita took the initiative to put forward the conditions of cooperation.

"Li Sang, I don't deny that Sony is in crisis now, but we have excellent talents and will definitely be able to develop new hot-selling products, and Sony will definitely become a great company......"

Li Hualong didn't know Japanese, but he had an interpreter, and after listening to the translator's words, he raised his glass and said with a smile: "I believe that Sony, under the leadership of President Morita, will definitely succeed and become a large international company." Excuse me, how much do you want me to invest and how many shares can I get? ”

After touching the quilt, Akio Morita took a sip of wine, and after listening to the translator's words, he said: "Li Sang, Sony is a listed company (listed on the Tokyo Stock Exchange), and at this time, Sony's stock price is undervalued, and it is impossible to issue new shares to you at the market price. ”

"I can understand it, it can be issued at a premium."

"You invest 20 million Hong Kong dollars and get 20% of Sony's shares...... May I? ”

Li Hualong knew that in the past period of time, the approximate market value of Sony Company, he injected 20 million Hong Kong dollars into Sony Company and got 20% of the shares, which is equivalent to 20% of the premium of Sony Company to issue new shares to him, he can accept this price, but he is not in a hurry to accept this cooperation condition.

"What are Sony's development plans at this time?" Li Hualong asked, he vaguely remembered that in 1970 or the early 70s, Sony was listed on the stock exchanges in New York and London, and he was sure that in the next five years, Sony's market value would definitely increase several times, and maybe even more than ten times.

"Sony will set up a development team to create a color mapping tube exclusive to Sony."

"It should be Trilon imaging technology......" Li Hualong muttered to himself. (To be continued......)