In May, the New Era Group made two acquisitions, which set off a lot of public opinion in Xiangjiang.

They are:

Futura Group spent $7.8 billion to acquire Indcor, the largest industrial real estate company in the United States;

Times Shipping spent 1.15 billion US dollars to win the logistics company of Singapore's 'Oriental Neptune Shipping' - Meiji Logistics.

The two acquisitions of up to 9 billion US dollars are undoubtedly very shocking, but considering that it is a new era group, the citizens of Hong Kong have become accustomed to it. New Era Group started with acquisitions, and is also a well-known name in the world, and this year it ranked 48th among the world's top 500 companies, with remarkable performance.

Morris, the president of Times Shipping, came to Lin Zuhui's office to report on his work, and Lin Wenjie also participated.

When he can teach his son in person, Lin Zuhui will not miss it, especially when it comes to the prospects of an important business.

"The shipping situation is still not optimistic, Oriental Sea Emperor accounts for 3% of the global container capacity, but has incurred a loss of nearly $1 billion in recent years. Our container business accounts for 13.5% of the world's total, coupled with the formation of shipping alliances with South Korea, Taiwan, the mainland, Japan, and many other reasons, under the integration of resources, we barely maintained a profit of 300 million US dollars last year. ”

Lin Zuhui said calmly: "This is the case with shipping, when you make money, you will make a desperate profit, and when you lose, you will lose your life." Whoever can survive the cold winter is the overlord of the industry. ”

In the days of 2003~2008, including the era of ship/aircraft leasing, shipping (which is an important profit), the average annual profit was as high as 9 billion US dollars, and more than 50 billion US dollars were made in six years; And that's not even counting the $6 billion second-hand ship that was sold in the end, and that's $60 billion in money when you add that expense. The investment in the early stage was almost doubled.

Morris said: "It is difficult for the container business to have the market in 2003~2008, but fortunately, our logistics/transportation, port/tugboat, and aircraft leasing have grown. ”

Lin Zuhui thought about it for a while, he knew that there would be no more big market for shipping, but the more this is the case, the more profits can be maximized through market share and resource integration.

"Let's pay attention to Oriental Sea Emperor, and try to contact the acquisition issue next year, because I think it will bottom out in the last three years, although it will not rebound a lot, but if you increase profits through market share, it is obviously very good." What's more, Maersk is biting us, and Times Shipping also needs to stabilize its market share. ”

Morris immediately said: "The acquisition of the Oriental Sea Emperor, the biggest problem is the European Commission review, since the 2003 ~ 2008 shipping peak, the EU has attached great importance to the shipping industry. It can be said that if it were not for the trough of shipping for more than ten years, it would be very difficult for shipping in our era to win the iron line slag. ”

Lin Zuhui nodded, it seems that the acquisition of Oriental Sea Emperor is an Asian matter, but it must be reviewed by the European and American Business Council, unless you do not do Asia-Europe route business.

"We don't need to force it, but if the conditions are right, we will take it. To sum up, we prefer to invest in logistics. ”

"Yes."

Morris then said, "What does the boss think of GLP Singapore?" ”

Lin Zuhui asked rhetorically: "Are you fancy GLP's logistics business in the mainland?" ”

Morris nodded!

After thinking about it, Lin Zuhui said: "GLP Singapore is not a good choice, they are investing in logistics in the mainland, so there are a lot of legal and political problems. Moreover, GLP and our Times Shipping have a high degree of duplication in their logistics business, and there is no need to acquire them at all. ”

Morris nodded convincingly, he just saw that the boss seemed to be in a hurry to buy, so he proposed it.

Sure enough, Lin Zuhui sighed: "This year is the last year of major acquisitions by New Era Group, and a large number of acquisitions will almost be stopped from next year. ”

Those who are familiar with Lin Zuhui know that he is the one who 'doesn't earn the last penny', but he will 'earn the last two cents', and the card position is very accurate.

Suddenly, Lin Zuhui had an idea and said: "Morris, you can inspect Ingram Micro (an international IT distributor) in the United States, and then make a feasibility report on the acquisition, and make a report at the high-level meeting later." ”

Morris immediately nodded and said, "No problem! ”

To be honest, Lin Zuhui must be very sure that the company that can be acquired by the New Era Group with a large amount of money this year can make money, otherwise he will not take risks at all.

Ingram Micro is the world's largest IT distributor, ranking more than 200 of the world's top 500, although the ranking is so high, it does not mean that it is very profitable; Ingram Micro has an annual turnover of about $30 billion, but its profit is only $200 million.

The world's top 500 companies look more at the annual turnover and ignore the annual profit.

Xiang Yingmai is a typical enterprise with high turnover and extremely low profit margin, which cannot even reach 1%; The same is true of Li & Fung Group, which includes Hong Kong, and its profits are also so low.

This is the norm in the trade logistics industry, Li & Fung Group's main business is clothing trade, Europe and the United States place orders, Li & Fung Group as a middleman, looking for factory OEM, and then delivery.

Ingram Micro is an IT distributor, so the profit margins are very low.

The reason why Lin Zuhui thinks this company has a future is because of an incident in his previous life: HNA Group spent $6 billion to buy Ingram Micro International, and when it was acquired, the profit was $200 million, which is equivalent to 30 times the price-earnings ratio of the purchase; In the following years, profits increased rapidly, reaching $600 million a year, but when HNA was about to go bankrupt, it planned to sell it for $5.8 billion.

The twists and turns in this, Lin Zuhui can't figure it out even in this life.

In any case, Lin Zuhui plans to buy it as his own property.

At present, the volume of New Era Group, even if it is 30 times the price-earnings ratio, will be acquired.

As long as the interest rate is higher than that of the bank, not to mention that Ingram Micro has a lot of room for growth.

After Morris left, Lin Zuhui said to Lin Wenjie: "Do you know why I said that this year is the last year of the group's big acquisition? ”

Lin Wenjie thought for a moment and said, "ZZ question...... And we've already gotten a lot of bottoms, so it's time to digest it and maintain plenty of cash flow. ”

Lin Zuhui patted Lin Wenjie on the shoulder and said seriously: "I am so enterprising this year, I am full of confidence, and I will not leave you a mess." And if you become the president of the group, you must remember not to take risks, and truly achieve stability without forgetting development, and development without forgetting stability. Also, it's not just Hong Kong that appears..... More importantly, the United States will not like to challenge it to the emergence of countries, so ...... It will be more and more difficult to make money in the future, so from next year, the group will save money! Since '09, we've been copying the bottom for many years. ”

Lin Wenjie has admired Lin Zuhui since he was a child, and his personality is actually more stable and low-key than Lin Zuhui, it can be said that if Lin Zuhui is not crossing, he is not as good as him at all.

Just from the fact that Lin Wenjie can marry his first love and have children, without showing off his wealth and not being high-profile, it can be understood that he is a good successor who keeps money.

"Rest assured, father, I will keep it in mind, steadiness is the most important thing, and I will never be rash."

"Good! Our family has enough money, the company is big enough, it is easy to fight the country, but it is not easy to defend the country, I hope you keep it in mind. ”

"Well, it's not easy for me to keep in mind all the time!"

This kid is also very talented in speaking, and he won't go along with it at all.

After Lin Wenjie left, Lin Zuhui smiled.

Is he saving HNA anymore?

In its previous life, HNA bought and bought overseas – the Waldorf Astoria Hotel in New York ($2 billion), a 25% stake in Hilton ($6.5 billion), and Ingram Micro International ($6 billion).

HNA has no hope of winning these three assets.

At this time, Lin Zuhui had no intention of handing over the status of the majority shareholder of the Hilton Hotel (currently holding 52.5% of the shares, with a market value of 28.5 billion US dollars), and planned to stay in the hands of the Bank of Bahrain.

The Waldorf Astoria Hotel (property) under Hilton Hotels, although it can be released, it will be at least in 2017.

........

The Grand Hyatt Hotel is holding a wedding, which is the marriage of two wealthy families in Xiangjiang, namely He Zhuguo of the tobacco company and Lin Jianyue of the Lixin Group.

With the arrival of several heavyweight government officials in Hong Kong, reporters became curious.

"Will Mr. Lin Zuhui participate? Last time the three generations of the He family got married, Lin Zuhui only stayed for five minutes, which was shorter than Li Chaoren! ”

"Then there is no way, after all, Mr. Lin Zuhui rose in the eighties, and he has a general relationship with the He family; Besides, Li Chaoren and the He family have been in a relationship for many years, so they only stayed for eight minutes. ”

"People go to tea and cool, not to mention that both of them are world-class businessmen, so they are naturally busy with work. The He family has a good relationship with each other, but those two are not 'single-minded', global development. If you look at the recent investments of the two of them, almost all of them are in Southeast Asia, Europe and the United States, and Li Chaoren is still withdrawing assets from Xiangjiang and the mainland! ”

"Today's wedding is different, Lin Baixin and Lin Jianyue are from Chaoshan, Li Chaoren will definitely stay for dinner, but I don't know if Mr. Lin Zuhui will stay?"

"Not necessarily, there are so many children in the big family, and Mr. Lin Zuhui participates every time, so he may not be in time!"

"Lin Jianyue seems to be a big D, right?"

"But Lin Zuhui didn't play with them more than ten years ago, after all, his identity is different, so he has the saying that he is the leader of the shadow alliance."

For a while, everyone was concerned about whether Lin Zuhui would come or not, and whether he would eat or not.

in the hotel.

Lin Jianyue and He Zhuguo, two in-laws, are taking photos with Li Chaoren's father and son.

After the group photo, Lin Jianyue and He Zhuguo also looked at the door very expectantly, whether he could come or not would determine the weight of the two families in Xiangjiang, this is the reality.

If Li Chaoren is a businessman in the world, and Lin Zuhui is the most influential businessman in the world, no one can influence him, and neither can Bill Gates.

In Singapore, it can be said that Li Chaoren is engaged in monopolizing the industry, but he praises Lin Zuhui for his outstanding contributions to mankind.

The reason is very simple, Lin Zuhui has invested in Netscape, Yahoo, Amazon, Google and other companies, and has also contributed to the cause of human science and technology; Not to mention, there is the shadow of Lin Zuhui behind Xiaomi Technology and Tesla; The most important thing is that 'Hong Kong culture', 'game software', and 'Hong Kong comics' are the absolute foundation laid by Lin Zuhui.

】

In recent years, Singapore's economy has developed rapidly, but Hong Kong is no worse than that, and Lin Zuhui's contribution is well known to everyone. Last year, for example, Singapore's GDP was US$300 billion, while Hong Kong's GDP was US$370 billion (more than 30% higher than the previous era and more than the previous record). To be honest, even Lin Zuhui himself underestimated the influence of the cultural industry.

At this time, the bride and groom are also very concerned about whether the richest man in the world can come, it seems that it is none of their business, but in fact, whether Lin Zuhui can come will have a certain impact on the family and the future development of the two.

The couple looked at Lin Wenjie and were a little happy in their hearts, after all, Lin Wenjie, as the eldest son of Lin Zuhui, is now taking over the New Era Group, and the weight is large enough, even if it does not have the weight of Li Chaoren, Zheng Yutong, and Li Shauji, but it is also higher than the weight of Li Zeju, Zheng Jiachun, the three Guo brothers, and Li Jiacheng.

Hong Kong is a highly wealthy society, and the size of your career and wealth determines your influence. Lin Wenjie's wealth exceeds that of Li Chaoren and Lee Shau Kee combined, but his qualifications are a little shallower.

Lin Tianer looked at Li Jiaxin again, she is also a celebrity in Xiangjiang, but obviously her status is one level lower, Li Jiaxin is a celebrity of the same level as Miss He in Xiangjiang, and she belongs to the top celebrity.

And Lin Tianer can only be regarded as a first-line celebrity.

It seems that there is a level difference, but as everyone knows, it is an insurmountable gap. Because, top celebrities have their own industry, and this industry can be among the women's wealth list.

"Lin Sheng is here!" With the greeting of the guests.

The bride and groom breathed a sigh of relief and showed a hint of joy.

Even Lin Jianyue and He Zhuguo immediately showed happy expressions and walked towards Lin Zuhui together, with smiles on their faces.

The guests all looked at Lin Zuhui and smiled, of course, they were more surprised, Lin Zuhui, who is almost 50 years old, looks less than 40 years old (in fact, this is already the reason for the old-school style).

"Congratulations, talented and beautiful, a match made in heaven!"

"Thank you, Lin Sheng has won the award!"

"Lin Sheng's coming, it's really brilliant!"

After saying hello, Lin Zuhui gave his gift certificate and was invited by the organizer to take a group photo.

So, Lin Zuhui and Lin Wenjie took a group photo with Lin Jianyue and He Zhuguo.

Lin Zuhui was also very face-saving and stayed to eat.

The reason is actually very simple, just Lin Jianyue is also a member of the Big D Society, of course, the Big D Association is not an official group, and there is no public recognition of this organization; But he is actually a social circle, Lin Zuhui would often gather with everyone a long time ago, but after the millennium, he would hardly participate in the gathering of this group, so he was called the leader of the shadow alliance.

During this period, the guests were also accustomed to the host's family regarding Lin Zuhui as No.1 and a more noble existence than the third term.

After all, a local politician and a world consortium boss are clear at a glance. In particular, Lin Zuhui's contribution to the business of Hong Kong, even in the eyes of the public, Lin Zuhui has great influence.

Give face to face, but Lin Zuhui still left the banquet early, after all, he was very busy.

.......

The next day, the media reported that although the Lin Jianyue family and the He Zhu family were the protagonists, it was obvious that the media still put Lin Zuhui in the leading role. I feel that Lin Zuhui can attend this wedding, and Lin Jianyue's family can be regarded as having a status in Xiangjiang.