Monday, February 6 (the seventh day of the Lunar New Year).

Today is the first working day after the Spring Festival, Lin Zuhui came to the New Era Group on time, distributed a circle of 'Laisee', and returned to the office.

After flipping through the newspaper for a while, and seeing that there were no senior executives to report on his work, Lin Zuhui thought about some questions.

He was thinking: what advantages and disadvantages does his career have compared to Li Chaoman's career?

Li Chaoren's career can be said to be all because of the acquisition of Hutchison Whampoa that year, otherwise he would not be among the top three business tycoons in Hong Kong.

Hutchison Whampoa's retail group, Watsons, this company he remembers that in 2009, there were 10,000 stores around the world, including stores in Europe, America, Asia and Africa. The reason why this retail company has developed so well is mainly because of its brand and comprehensive products, especially in care products, and there are many self-owned products.

In comparison, the Yonghui supermarket of the New Era Group (including its Xishiduo convenience store) is much different, and in the future, it will go to the mainland to develop Xishiduo convenience stores at most; As for supermarkets, tentative investments are sufficient, and it is said that this industry is not very profitable.

Retail – Fail!

Of course, if Lin Zuhui's LEIT Group is counted, Li Chaoren's Watsons is not comparable. The prospects of LEIT Group are limitless, and Lin Zuhui still has many tricks and many projects that have not been developed. Moreover, the LEIT Group itself is currently developing very well.

Hutchison Whampoa's port business, energy business, and infrastructure business, these three businesses are still ahead of the New Era Group, and these businesses have long been cultivated in Southeast Asia, Europe and the United States, so the New Era Group has no way to catch up. Unless the New Era Group adjusts its course, but this is obviously not necessary.

At this time, Lin Zuhui no longer has the mentality of competing with Li Chaoren.

Therefore, Lin Zuhui adjusted the direction of development to avoid falling into malicious competition.

First, the development of global commercial real estate - the new era of business management, including shopping malls and office buildings, is very successful at present, and the business strategy and management are also very good.

Second, develop the hotel industry and build a world-class hotel group - Langham Hotel Group, although the return rate of the hotel is only 6~8%, the hotel industry has sufficient cash flow, which is the best loan industry, so soon Langham Hotel Group will develop rapidly.

Third, the food and beverage industry, the layout in the mainland alone is enough to build a super group. Jinmailang, Nongfu Spring, Wanglaoji, Red Bull, four super brands in hand; Of course, the next step is when Hengchang Beverage & Food goes overseas, and the company will use the acquisition to enter overseas.

Fourth, the telecommunications industry, with Times Communications taking the lead in adopting digital cellular communication technology, whether in the United Kingdom or in Hong Kong, its users have shown a surge, and the development potential is huge. Lin Zuhui's greater ambition is to acquire Heung Kong Telecom after the Asian financial crisis, and then Times Communications will go public through a backdoor listing to build the first telecommunications industry in Hong Kong, and then develop the telecommunications business in the world.

Fifth, the shipping industry, shipping has a cycle, and the industry with a cycle is undoubtedly Lin Zuhui's world. In the previous life, shipping began to decline after the Asian financial crisis, and in 1999 ~ 2000, it fell to the bottom, the shipyard had no orders, and the price of cargo ships plummeted. The reason for this is that the recovery began in 2001, during which freight rates tripled or quadrupled for several years, until the Lehman Brothers outbreak in 2008, and shipping entered another eight-year downturn. New Era Group has a wholly-owned shipping company, Heung Kong Shipping, whose assets have tripled compared with the acquisition, and the current total asset value is about 3 billion, so the foundation for the development of shipping has already been laid, and seafarers are recruited from the mainland, which is cheap and capable.

These five industries are only focused on development, and there are many other industries in the New Era Group, which are also developing steadily, rather than choosing 'Tangping'. The business of the New Era Group itself is very large, involving all aspects, such as the development of real estate developers, smart parking lots, warehousing, infrastructure, and retail.

For example, in terms of ports, even if Lin Zuhui does not develop, there are three important shareholders of New World, Jardine Matheson, and Henderson, they have also tasted the sweetness and will naturally develop. Because of this, there is no need for New Era Group to worry about alone, and the rest of the shareholders are also very involved.

Sort out your thoughts, Lin Zuhui already knows it!

In the morning, Yuan Tianfan came to Lin Zuhui's office.

Sitting on the sofa, Yuan Tianfan reported: "At present, New Era Group (Singapore) has controlled 45% of the shares of Yang Xiecheng Group, and Yang Zhiyao has expressed his cooperation on the condition that we retain his management rights, and he is willing to lead us into the board of directors to strengthen cooperation in the future." ”

Without the white knight jumping out, Lin Zuhui was not surprised at all, after the Yang family was relieved of their voting rights through the court, New Era Group (Singapore) collected the shares of several Yang clansmen at a premium of 38%, bringing the shareholding to 45% in one fell swoop.

Yang Zhiyao is not stupid, and the white knights can't beat the cross-river dragon of the New Era Group.

Lin Zuhui nodded and said: "Okay, that's it, first arrange people to join the board of directors, and then strengthen the development of Yang Xiecheng's beverage sauces, and Hengchang beverage and food can also strengthen the development of overseas markets through their channels." As for its land, keep it first and tell Yang Zhiyao that it is our project. ”

"Okay"

Then, Lin Zuhui pondered for a while, and said in an inquiring tone: "Do you think Times Communications' business in the UK can merge and acquire Hutchison Communications' UK business?" ”

At present, in the telecommunications business of the United Kingdom, Davos and Ottoman are the first and second, and Times Communications and Hutchison Communications are the third and fourth; It stands to reason that if it weren't for Times Communication, Hutchison Communications would only need to invest tens of billions of Hong Kong dollars to earn 160 billion.

However, because Times Communications is more sensitive to technology, Hutchison currently only has 70% of its customers.

Yuan Tianfan thought for a while and said: "M&A is a good thing, and the total investment can be reduced. However, it is unlikely that Hutchison Telecommunications will ask for cash. ”

Lin Zuhui nodded and said, "That's right, they won't be reconciled, I'll talk about this matter with Li Chaoren later." After the merger, changing to two to run one company will be beneficial for future development. ”

Yuan Tianfan immediately asked: "Who will be the main and who will be the deputy in the business in the future?" ”

Lin Zuhui thought for a while and said: "Look, Huo Jianning is a talent, and I think you will shift your focus to group affairs, responsible for group acquisitions and global planning and development; And I'm developing a high-tech industry, and I want you to be a consultant. ”

When Yuan Tianfan heard this, he immediately said, "I'm fine!" ”

For him, it is very happy to be involved in Lin Zuhui's overall strategy.

Lin Zuhui immediately said: "Okay, let's adjust the division of labor later." ”

Furama Hotel.

Lin Zuhui took Yuan Tianfan and entertained Li Chaoren in his own store, and Li Chaoren also took Li Zeju and Huo Jianning, because they had already contacted each other beforehand.

After everyone met, they were not in a hurry to talk about things, but chatted and laughed. It's one thing to have competition, but there can also be cooperation.

While everyone was eating and chatting, Li Chaoren praised: "Lin Sheng is worthy of being a good businessman, last year's acquisitions, and classic projects such as Cyberport, which made people admire." ”

Lin Zuhui responded: "It's all projects made of money, and Li Sheng has done a lot of projects step by step at the lowest cost." For example, Hutchison Whampoa took a 50% stake in Freeport Harbour in Panama last year, and Li Sheng is already about to grasp the world's economic lifeline! ”

Freeport Harbour is a Panamanian company, and Li Chaoren's stake in it is to establish a relationship with the local government; With some more investment, the time is ripe to master the container terminals at both ends of the Panama Canal.

Li Chaoren is naturally not afraid of Lin Zuhui's interference, because he has already seized the opportunity and signed a memorandum of understanding with Panama.

Lin Sheng said with a smile, the matter has not yet been finalized, and it is only possible to cooperate with the port, where it is possible to grasp the lifeblood of the world economy."

Lin Zuhui reminded in a friendly manner: "If you really want to be a container port over there, public opinion in the United States may be unfavorable!" ”

Li Chaoren said gratefully: "Thank you Lin Sheng for the reminder, but we are going to invest, and I believe the Panamanian government can clarify." ”

Lin Zuhui no longer discusses this topic, he also invests in Panama, but it is a registered offshore financial company. It is one of the world's most famous offshore financial regions, but it is also a very low tax area. At the peak of its previous life, Panama, with a population of only a few hundred thousand, had a registered fleet of 50 million tons, and because of the low tax rate, many shipowners registered their ships there. In addition to this, there are also island leases for a period of up to 100 years, and there have been many world celebrities who have bought islands there in previous lives.

Next, Lin Zuhui said: "What do you think of the competition between our two companies in the telecommunications industry in the UK? ”

Speaking of which, taking the lead in the development of digital cellular networks was the beginning of Times Communications, and Hutchison Communications also saw the success of Times Communications and hurriedly developed.

"It's good to have competition, but if we can cooperate, it's really in everyone's interest," Li said. Times Communications has more customers in the UK than we do, but we have a more comprehensive Hutchison communications business, so if it is a merger, I would like to consider it. ”

This is a fact, Li Chaoren did not fool people, and Hutchison Communications entered the UK in the late 80s, which also has many advantages.

Lin Zuhui said directly: "Then merge with equal value, and the shareholders of both sides will be divided into fifty-fifty." ”

Times Communications also includes British capital, and the same goes for Hutchison Communications, although the proportion is very small.

Li Chaoren nodded and said, "Lin Sheng is refreshing, in this way, let Manager Huo and President Yuan communicate the details, and then we will officially sign the contract." ”

"Okay, Li Sheng is also refreshing, come, everyone eats!"

In fact, the reason why Lin Zuhui took the initiative to talk about the merger was because after the rapid development of Times Communication's business in the UK, he and Yuan Tianfan found that Hutchison Communications was also developing very fast.

Why bother? Reducing internal friction is the right reason, and Xiangjiang can't accommodate him and Li Chaoren, so everyone has gone to sea to seek opportunities.

As for whose city is Xiangjiang?

This can also be compared:

Li Chaoren controls one-half of Xiangjiang's electricity, and Lin Zuhui controls seventy percent of Xiangjiang's media communication;

For the rest of the industries, everyone has their own advantages!

However, once Lin Zuhui's 'cultural port' and 'science and technology port' broke out, then Li Chaoren was far less influential than him.

'Cultural port' and 'science and technology port' are like the policy outline of a 'country', but the policy outline of the Xiangjiang Special Economic Zone was developed by Lin Zuhui, a businessman, for seven or eight years, and its influence can be imagined.

It can be said that after Mr. Dong came to power, he would soon visit Lin Zuhui, and then seriously ask for advice and study.

The reason is very simple, because the Asian financial crisis is coming, and he has just taken office, and the pressure is on him. It is precisely because of this that in the previous life, there was a failed case of 'Chinese medicine port'.

Of course, it can't be said that it was a complete failure, Li Chaoren has done a lot, and he has used Watsons to acquire thousands of pharmacies in Europe, and he is obviously really doing it.

The reason for the failure is not in Xiangjiang, but in the mainland, Adou, who can't afford to support, is talking about the mainland Chinese medicine industry.

Lin Zuhui originally wanted to be a 'Chinese medicine port', but in the end it didn't work, and only invested in the success of 'Yunnan Baiyao toothpaste' and the establishment of Times Medicine.

The reasons are various aspects, including the conservative mainland and the lack of strength in medicine in the times, as well as the fact that European and American laws have not yet been relaxed, in short, it has not been achieved for the time being.

Of course, if Mr. Dong intends to restart in the future, and Li Chaoren is willing to do it, Times Medicine can also invest; Whether it succeeds or not, Xiangjiangte has to give face, and it must have a certain promotion for traditional Chinese medicine.

The management of the New Era Group has changed slightly:

Lin Zuhui is the Chairman of the Board and an Executive Director

Chen Bin is an Executive Director and President

Liang Zhenxun is an Executive Director and Vice President

Yuan Tianfan is an executive director, vice president and president of Hengchang Holdings

The main thing is that Yuan Tianfan increased the title of vice president, and then began to grasp the group's acquisition business, which is a financial project he is good at.

In the conference room, after a brief adjustment, Lin Zuhui said to Yuan Tianfan: "I want to start some business in Brazil, mainly to invest in minerals. Not surprisingly, Brazil will fully liberalize its privatization this year, and if there is an opportunity, we will also invest in it. With the opening up of the mainland, steel production will explode at some stage, which will inevitably cause global iron ore prices to soar. So, you set up an investment company over there, and then you build a management team. ”

Yuan Tianfan was surprised in his heart, his boss was brave and forward.

"Okay, I've recently arranged and started to pay attention to the business over there."

Lin Zuhui nodded, and then said to everyone: "The 'new era' of the New Era Group indicates that we will always be a company in the new era, rather than being gloomy. It's right to seek stability, but you have to be resolute when you should be brave. ”

Everyone was shocked, echoed in unison, and their morale was immediately high.

As a core executive, we all know that the company's cash plus stock is much higher than debt. In other words, New Era Group has no debts.

Importantly, New Era Group's current stable real estate business and hotel business account for a very large proportion. This is equivalent to a solid foundation and a confident expansion.

(End of chapter)