Monday, July 31.

In the office of ACN Center, Lin Zuhui is reviewing the 'Hong Kong Telecommunications Industry Report' written by Lu Donglai and Yang Baolin.

The comprehensive departments of New Era Group currently include: retail (Xishiduo Convenience, Yonghui Supermarket), infrastructure (10% equity interest in the Tate's Cairn Tunnel), ports, and telecommunications.

Among them, ports and telecommunications are the areas that Lam will prepare for this year, because next year, the No. 8 Kwai Chung Container Terminal, the second and third mobile phone licenses, will start bidding.

Looking at the information in his hand, Lin Zuhui thought carefully:

Hong Kong Telecommunications Corporation (owned by Great Eastern Holdings) has monopolized Hong Kong's telecommunications industry for a century, and is second only to HSBC Group in terms of strength, with 16,000 employees and a patent right to local fixed telecommunications and international telecommunications.

Hong Kong local telephone patent, which will expire in 1995. The grant of new patents will be a life-and-death contest. This year, Hong Kong Telecom (HKT) has made a trick of first "cutting Hong Kong telephone patents into a meat bone" -- that is, abolishing Hong Kong (local) telephone charges. In this way, the battle for patent rights is undoubtedly a "dog fighting for meat and bones". HKT is heartbroken; The new patent winner will have tasteless food and will not be profitable for at least a few years.

HKT's overseas telephone patents will expire in 2006. Overseas telephone revenue is the majority of the company's profits, and it can enjoy 16 years of patent rights. Before the expiration of the term, HKT will go all out to strive for patent rights after 2006.

Of course, the local telephony patent is by no means unprofitable, because, while the right to operate local fixed-line telephone network services does not include the right to operate international telephone networks. However, when anyone makes an international call and picks up the microphone to dial the number, the message first passes through the local network before reaching the gateway of the international telephone network and then being transmitted outside Hong Kong. At the same time, international telephone calls and faxes to Hong Kong are made on the same basis. So, if anyone using a new network to make or receive international calls in the future, if the new network is a direct connection to an international call channel, will the Hong Kong telecommunications company pay the new network operator an average per minute? Conveyance fee in Hong Kong dollars (about $1.05 per minute, which will be indicated when the Government tenders).

Because the local telephone patent needs to expire in 1995, but it is estimated that the tender will be in 1993, this matter is not very urgent!

However, in addition to overseas telephone patents and local telephone patents, there is also a field of telecommunications - mobile phones (big brothers) and pagers, which are not classified as 'patent businesses'.

Since the late 80s, the innovation of mobile communication tools has led to the rapid development of Hong Kong's non-proprietary telecommunications industry. Mobile phones (Big Brother) and wireless pagers (BB) are increasingly becoming essential communication tools for interpersonal communication.

In the field of non-proprietary communications, Hutchison Communications is currently the dominant one, with 100 paging stations under its umbrella, serving 230,000 customers, and occupying 50% of the Hong Kong paging market. Hutchison also accounts for 55% of Hong Kong's total cellular mobile cordless telephone services, with more than 50,000 customers.

The reason why Lin Zuhui is starting to intervene now is because he knows that the Hong Kong government will allocate two mobile phone licenses next year, and Hong Kong Telecom will definitely have one license, so the remaining one license will naturally fall into fierce competition.

Of course, Lin Zuhui also knows that the license will be issued in the future, and even the license for CT2, the second generation of mobile phones, will be operated soon.

Therefore, this year, he wants to form a certain scale of the 'Times Telecom' of the New Era Group, starting with the simplest pager license, and then quickly catch up with the British-funded or European companies with the 'European digital system GSM' technology, and then participate in the bidding for the mobile phone license next year, and launch the GSM mobile phone.

It doesn't matter if you don't have technology, then find a company with technology to cooperate, preferably a British-funded company, which is conducive to winning the bid.

It doesn't matter if you don't have experience, then you immediately bought the paging company, and Hutchison acquired seven paging radio stations that year, and was the first to launch the wireless telephone, which established the hegemony in the field of non-telecommunications patents in one fell swoop.

Therefore, as long as the New Era Group has money, it can also take a share of this industry.

Afternoon.

Lu Donglai, head of the comprehensive department and director of the group, and Yang Baolin, general manager of Times Telecom, came to Lin Zuhui's office.

Lin Zuhui said: "The telecommunications department has been completely organized, right? ”

The market research has been done, and it is obvious that the New Era Group has been preparing for a lot of time.

Yang Baolin hurriedly said: "It has been set up completely, and the information of the paging radio company is also ready." ”

Lin Zuhui nodded and said: "Well, quickly launch the acquisition of paging radio stations, and the Hong Kong government will issue a mobile phone license next year, and we must have a certain strength to be qualified to meddle in this field." So, when you enter the paging field, you also have to consider cooperating with European telecom providers, so that we can launch GSM mobile phones! ”

Yang Baolin seemed to be very well prepared, so he said, "Well, I can complete the task you gave this year." ”

Lin Zuhui said with satisfaction: "That's good, the group has sufficient funds, and now we have to grasp all aspects, and all aspects must be hard!" ”

"Good!"

Lu Donglai is actually a little strange, is the group really rich in funds?

Even if it is abundant, with the speed at which the boss spends money, the debt at the end of the year is probably more than 10 billion!

After Yang Baolin left, Lu Donglai said: "Boss, Hailu Container is very interested in the cooperation we propose, and plans to visit you!" ”

Lin Zuhui nodded, he gave a big bait, that is, the New Era Group only buys 50% of its shares, and the United States Sea and Land Container retains 37% of the shares; Then, it was Lam Cho-fai who led the bidding for the next Kwai Chung containers.

For sea and land containers, whether they want to withdraw or stay, this plan is very tempting. Withdraw, you can make a profit now; Staying, led by Lin Zuhui, a local, the sea and land container may not be able to take the No. 8 Kwai Chung container.

"Okay, how is the contact between Modern Container's European Shipping and British Iron Steamship?"

"The contact was contacted, but they didn't have a clear answer, as if they didn't really want to sell! But I suspect that they may still be thinking about it, and we haven't made an offer yet, so we're not very enthusiastic. ”

When Lin Zuhui heard this, he thought for a while before saying, "I'll go and ask HSBC to help us test it!" ”

"Okay!"

Lin Zuhui did these things and did not directly harm anyone's interests, but could only say that he was buying high-quality shares and making investments. Even if he succeeds, in the eyes of everyone, I am afraid that he will not see his ambition, at most he wants to invest in the container terminal industry.

Because, the fame of International Container and Li Chaoren is too great, no one would have thought that Lin Zuhui would dare to launch a real challenge.

In the past, Lin Chaoren and Li Chaoren had several confrontations, but they were not directly confrontations, after all, the bidding was won by the highest bidder, and they were not the only ones who were qualified.

And if Lin Zuhui pulls everyone to bid for the No. 8 Kwai Chung Container Terminal, it will be a direct battle with Li Chaoren, and anyone with a discerning eye can see the smell of gunpowder.

.......

Following.

New Era Group and Citibank Bank, the two companies held a signing ceremony and invited reporters to witness.

New Era Group sold 20% of the equity of 'Garden Authentic King' to International Baotong Bank at a price of 700 million yuan (profit of 80 million).

At the same time, New Era Group, GIC, and Hengjin Real Estate (Lin's Private Real Estate Company) jointly participated in the investment in 'GIC Baotong Plaza'.

The construction costs and taxes in the later stage were naturally completed through the loan of Wanguo Baotong.

After the signing ceremony of the two sides, Lin Zuhui and Steve were interviewed by reporters on the spot.

Reporter: "May I ask Mr. Lin, what kind of building is the International Baotong Plaza, and does your company have a preliminary plan?" ”

Lin Zuhui said with a smile: "You really asked the right question, as early as half a year ago, we were already planning this project." At present, the preliminary plan has come out, and the next step is to refer to the opinions of IWC. The general scheme of this project is that we intend to build two high-end office buildings with smart architecture operation, each with raised terraces and an optical fiber central communication system. On the plaza platform, a 47-storey IBT Building and a 37-storey Yatai Financial Building have a total floor area of 1.66 million square feet......"

When it comes to the topic of architecture, Lin Zuhui is not only endless, but also extremely professional, which is the idea of all reporters, and he is worthy of being a big friend of real estate.

The reporter asked a few more questions, and Lin Zuhui answered them one by one.

There is a question that also involves the core strategy of the New Era Group, but Lin Zuhui can't help but express his position.

Reporter: "At present, Xiangjiang Real Estate is in a downturn, and some people say that it will become an airport, I would like to ask Mr. Lin, does New Era Group follow other companies and invest funds overseas?" ”

Undoubtedly, this question is a bit tricky!

However, Lin Zuhui still said generously: "In addition to considering investment in the mainland, New Era Group will not consider transferring funds overseas for the time being." Our policy remains to be based in Hong Kong and develop here. ”

Applause!

Next, the reporter also asked Steve, the representative of IWC.

"May I ask President Steve, what does IWC think of this 'Citishop Plaza' project?"

Steve said with confidence: "We are very confident that the central location of the Citishop Plaza has redefined the banking center of the Central District!" ”

At this time, the banking center of the Central District should be HSBC and Bank of China Tower.

Of course, this will not affect the relationship between Lin Zuhui and HSBC.

The press conference of the day quickly spread all over Xiangjiang, but the real estate should still be sluggish, after all, Lin Zuhui can only represent him personally.

Everyone's fear will not be less, so I am afraid that this sentiment will continue until the end of the year.

Then it can also be analyzed that in fact, after December, the real estate in Xiangjiang began to pick up. After all, as far as Lin Zuhui knows, in a year's time, that is, in June 1990, real estate returned to the level before the crash.

In this way, the shorter the time to buy the bottom, his competitors will not be able to react, and the property that buys the bottom in the new era can also appreciate quickly.

Throughout July, New Era Group, Lin Family, Wanhui Media, and LEIT Group completed property transactions worth 3 billion yuan.

The transaction objects of New Era Group are: land plots, old real estate, land exchange rights and interests and other land reserve properties;

The transaction objects of Hengjin Real Estate are: shops, high-end residences, villas, and office buildings

Wanhui Media and LEIT Group are also the same as Hengjin Investment.