65. Chen Tingyao's surprise
Southern Group is a large company in Hong Kong, headquartered at 6th Floor, Central Building, Shun Shek Street, Central.
Southern Textile Co., Ltd. is its subsidiary, and since 1969, when Chen Tingyao reorganized Southern Textile and listed it in Hong Kong in April 1970, he established Southern Group to hold Southern Textile Co., Ltd.
After the mid-70s, Chen Tingyao began to shift his investment focus to the real estate industry and the securities market in view of the fact that the textile industry has gradually declined and the development prospects of the real estate industry are promising.
In fact, as early as 1967, when the real estate was at a low ebb, Chen Tingyao had purchased a large number of factory plots and Type B official letters for land exchange certificates, which laid a solid foundation for the group's future real estate development.
In 1970, before the listing of Nanfang Textile, Nanfang Group already owned 413,000 square feet of industrial and residential buildings, 320,000 square feet of land exchange certificates, and 128,000 square feet of agricultural land.
If Chen Yihua knows the development process of his cheap father, he will feel very admired, Chen Tingyao established the Southern Group before the listing of Southern Textile, turned Southern Textile into a subsidiary of the group, and then stripped off the land and property of the textile company and became owned by the Southern Group, and then turned the stripped Southern Textile listed into a limited company.
Southern Textile Company was listed by HSBC in Hong Kong and offered 4.75 million shares to the public. The par value of each share is two yuan, the premium is four yuan, and it is listed at six yuan. In this move, Chen Tingyao maximized the interests of Southern Textiles, whose value has been completely reduced, and took profits from the people, raising funds of 28.5 million yuan at once, and the controlling stake of Southern Textiles was still in his hands, Chen Tingyao's strength suddenly doubled, and then used the money raised by shareholders to acquire real estate and property.
It can be said that the Southern Group is now walking on two thighs, paying equal attention to the textile industry and the real estate industry, Chen Tingyao makes money from investing in the stock market, and the profits earned are invested in real estate by him, and now Chen Tingyao is a number of tycoon-level figures in Hong Kong.
Although the wealth is already very large, Chen Tingyao is still very diligent, and he is not greedy for pleasure, he is a self-made figure, the Southern Group was founded by him, and it is not his pursuit to be content with pleasure.
In the office of the chairman of the Southern Group, it has been a morning, Chen Tingyao has never gone out, he has been looking at the document, stopping to draw while reading, and sometimes picking up another document as if he is checking and comparing, with a very serious expression.
Of course, Chen Tingyao is not as busy as he is now, as a big boss, a self-made person, he will not sit in the company all day long, and he will often go to the factory or other industries when he is free.
Chen Tingyao stayed in the office all day today, and read the documents all day, just because the company was a little busy during this time.
Southern Development Company Limited, the property development arm of Southern Group, is acquiring a piece of land on King's Road in Taikoo Valley, Quarry Bay, Hong Kong Island, from Swire & Co. and Cheung Kong to build a new southern village.
Chen Tingyao as a self-made person to do business is very stable, the development of the Southern Group is now very clear, from the stock market to make money, and then buy land to develop real estate, their own development, Chen Tingyao to buy land is very unique, his policy is "buy low and sell low, buy high and sell high". He saw the development policy of the Hong Kong government and preemptively bought land in areas with huge potential.
Nanfang New Village is a very important move for Chen Tingyao, and it is the first step for Nanfang Development Co., Ltd. to enter the real estate development, Chen Tingyao used to buy land was only a speculative hand, this time he will pull up his own construction company and development company, so it is very important for the development of the company's project.
"Chairman, Boss Shao of Shaw Company is looking for you" Chen Tingyao was looking at the documents, and the secretary knocked on the door and came in to tell him the news.
Chen Tingyao was surprised for a while, and stood up while putting down the documents in his hand, he didn't know what Run Shaw was looking for him at this time.
As soon as Chen Tingyao walked to the desk, he saw Run Run Shaw walking in under the leadership of his secretary.
'Sixth, what kind of wind is blowing you,' Chen Tingyao said as he shook hands with Run Run Shaw.
'Lao Chen, I haven't been to see you for a long time, I miss you a little, so I want to come and see you, I heard that your Southern Group is now developing like a rainbow, and there are some big moves in the near future, of course I want to come over and congratulate you in advance on your success' Run Run Shaw quipped while shaking hands.
The two look familiar, the conversation is very casual, in fact, no matter where they are, the Chinese have the phenomenon of huddles, people in one place and one place like to be close to their fellow villagers, Hong Kong also has many business alliance organizations like the same townspeople's associations, such as the Guangzhou Chamber of Commerce, or the Shanghai Chamber of Commerce or something, in this way, everyone can exchange news with each other, can be consistent with the outside world, and can help each other if they are in difficulty.
Run Run Shaw and Chan Tingyao are both from Ningbo, and many wealthy businessmen in Hong Kong are also from Ningbo, and they are very familiar with each other. In particular, the relationship between Chen Tingyao and Run Run Shaw is even closer, Run Run Shaw is from Ningbo, where he studied, but he was born and developed in Shanghai, while Chen Tingyao was born in Ningbo, and when he was young, he opened a company in Shanghai, and the two met in Shanghai, because of this relationship, the two are much closer than others.
Chen Tingyao and the two haven't seen each other for a while, the two sit on the cowhide sofa while drinking tea and chatting, Chen Tingyao's company is very big, if you compare Chen Yihua's company office with Chen Tingyao's here, then Chen Yihua is completely a kennel.
There are many buildings in Central, which is the favorite place for large companies in Hong Kong to settle down, Chen Tingyao's Southern Group moved in a few years, after all, it is engaged in real estate, and the decoration of the group is very fashionable and modern, especially Chen Tingyao's chairman's office, which is not only fashionable, but also very atmospheric.
There is a separate lounge in the office, there is not only a wine cabinet but also a set of high-end sofas in the lounge, the front of the sofa is Chen Tingyao's office, the left is the window, the wall of Chen Tingyao's office is a transparent windshield, sitting on the sofa and looking at the scenery outside the window is very spectacular.
"Lao Chen, every time I come to your place, I have to be jealous for a long time, compared to you, I have a kennel there" Run Run Shaw couldn't help but sigh while drinking tea while looking at the scenery outside.
"Hehe, I said the sixth child, you have to like it, or how about we change places" Chen Tingyao is not as old-fashioned as at home when he stays with a business tycoon of his level.
Listening to his words, Run Run Shaw was a little left and said something else, although the wireless place is a little old, but its most valuable thing is those equipment, and it is not easy to move it if you want to.
'Old Chen, do you have a son named Chen Yihua' The two laughed for a while, and Run Run Shaw asked the question he wanted to ask today.
"Well, how do you know the name of my third son" Chen Tingyao was very surprised, he didn't expect Run Run Run Shaw to ask about Chen Yihua, the children of the Chen family are still young, and the eldest Chen Yixin came out to help him do things, Chen Tingyao often took him to meet his friends in the shopping mall, for the other members of the Chen family, Chen Tingyao never introduced to the public.
In fact, before he came, Run Run Shaw didn't know that Chen Yihua was Chen Tingyao's son, but he just wanted to ask and try it, Chen Yihua's surname is Chen, and there are few famous Chen families in Hong Kong, and Chen Tingyao, the king of cotton yarn, is the most prominent in Hong Kong's Chen surname, so Run Run Shaw wants to ask.
The main reason why Run Run Shaw came to the Southern Group this time is that he really wants to inquire about the origin of this Chen Yihua, in fact, how to say that Run Run Shaw is also a tycoon, not to mention that he is a big man, but he is not idle enough to inquire about people, mainly because Chen Yihua's pager is too attractive, and Run Run Shaw has heard the news that Chen Yihua is preparing to broadcast advertisements on five channels at the same time, so he is even more curious about Chen Yihua.
Don't ask Run Run Shaw how he knew that Chen Yihua put advertisements on other radio stations, it was not Chen Yihua who took the initiative to say it, and now the advertisements have not started to play, just because several radio stations are in the same place, and the news is passed on to each other very quickly, and each of them has eyeliner on each other's radio stations, plus 2.4 million yuan to engage in propaganda is a big deal in Hong Kong, so Shaw knows that Chen Yihua's advertising has made such a means.
Although Run Run Shaw didn't know Chen Yihua's specific family, when he saw his temperament, he felt that he was born into a famous family, and he hadn't seen Chen Tingyao for a long time, so he would visit him.
Run Run Shaw told Chen Tingyao about his acquaintance with Chen Yihua, and also specifically talked about the Tianyi pager, expressing great concern for this high-tech.
"I said Lao Chen, your Southern Group is now making big moves, not only to engage in real estate, but also to engage in this kind of high-tech products, it seems that I want to congratulate you on making a fortune in advance" Run Run Shaw spoke in a sour tone, I don't know whether he is envious of Chen Tingyao's Southern Company making money, or envy that he has a good son.
"Sixth, what do you have to envy me, I can't be sure what my situation is now, who knows if I can make money or not, I still envy your TV station, my third son said that he was going out to break in, I really don't know that he made this thing" Chen Tingyao groaned for a while, and then said slowly. In front of outsiders, he didn't want to expose the contradictions in his family, so he didn't specifically explain the complicated relationship with Chen Yihua.
In fact, since Chen Yihua had a Chinese New Year's Eve dinner at Chen's house, Chen Tingyao asked Ning Shujuan the name and address of the company that Chen Yihua opened outside, and asked the people below to investigate.
I didn't expect it to be okay not to investigate, but I was shocked when I investigated, Chen Yihua, a Yanjing comic, has opened so many stores in Hong Kong in just a few months, and also has such a large factory in Shatin, and the magazine is also very famous, and I also know that they are entering overseas.
Chen Tingyao didn't check very specifically, and he didn't know what Yanjing's specific profit was, otherwise he would definitely be stunned, although he didn't know very specifically, but in terms of Yanjing's strength on the surface, Chen Tingyao was already very surprised, and he also knew why Chen Yihua went home so confident for the New Year.
Although Chen Tingyao knew Yanjing, he didn't know that Chen Yihua had another Tianyi company that manufactured any high-tech new products.
After all, Yanjing's success is only in the early stage, if Chen Yihua is not a good person and only knows how to enjoy, such a person Chen Tingyao feels that it is definitely impossible to do anything in the future, and the ambition of a young man does not mean that it is a good thing, but Chen Yihua is now opening a company again, and he is not resting on his laurels, and the company's products are even very optimistic about the experienced Run Run Shaw, so this situation has to make Chen Tingyao sigh again.
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