Chapter 424

Time comes the autumn of the year - the beginning of a fairy tale.

In the 'Midea Industrial Building' in Kwun Tong, Lin Zhichao is listening to the Midea Walkman, which feels like this machine has a ton of sound quality, but it actually weighs only 425 grams.

In the previous tape players, the major manufacturers always bundled playback and recording, and no one thought of removing the recording function. The Walkman is to remove the recording function and focus on the development of stereo playback effects.

"Can the supply of spare parts be guaranteed without problems? You know, once we achieve good results, then we may soon be targeted by Japanese manufacturers. Lin Zhichao asked.

In fact, Don't look at Midea Electronics took the lead in developing the 'Walkman' and obtained a patent. But then faced with the challenge of Sony and Philips, there is simply not enough technology - to quickly update, technology update, and there may even be the possibility that Japanese manufacturers refuse to provide key components.

However, Midea Electronics holds a patent and is the first manufacturer to develop a 'Walkman', so it is not without the power of a fight, at least it can be a spoiler.

"No problem, the contract with the major manufacturers is for the supply of 3 million parts for a period of three years. In addition, we have found manufacturers in Europe and the United States that can be replaced at any time. Li Zhenlong said seriously.

There is a lesson from the past when Japan refused to provide 'transistors' for Hong Kong radios, so the boss's concerns were not unreasonable.

Lin Zhichao said: "I hope Japan will not engage in targeted things this time, after all, the cost of key components is very critical." We can also talk about patents later, if the Japanese dare to do that! ”

Midea Electronics also has a hole card, and Japan does not dare to take risks this time, and now it is a global trade, and the Japanese will not do good things with their own exports if they play this kind of trick again.

However, even if it is not targeted, companies like Sony, which are leading in technology, can quickly come up with more advanced products. At that time, the Midea Walkman will only be able to take the road of 'good quality and low price'.

Fortunately, Lin Zhichao doesn't really care about the profits of the Walkman, what he cares about is the accumulation of technical experience and brand reputation of the 'Midea company', so as to lay the foundation for the comprehensive development of the electronics field in the future.

"Probably not! After all, we have signed a supply of 3 million spare parts, and when this batch is used up, Midea Walkman has already made an impact. Those parts suppliers, how can there be no reason not to make money. Li Zhenlong said.

Lin Zhichao didn't guess, took one step at a time, and then said: "Then prepare to sell!" Priced at $188, it was aimed at young people, and we marketed it in Hong Kong in September, and in October we entered the U.S. market by having some young men and women on public transportation and listen to our Walkman. In addition, the star effect is also essential, give them a product experience."

Li Zhenlong nodded and said, "Well, we have already planned it, just wait for your order!" ”

Lin Zhichao is still very much looking forward to the profit of this product!

Any such 'patented product' will not be less profitable. For example, Midea's Walkman, each sold out, Midea Electronics is expected to get a profit of 30 US dollars, if 3 million units are sold, it is a full profit of 80 or 90 million US dollars, which is equivalent to 500 million Hong Kong dollars, which is almost the current profit of Changjiang Industrial Group in a year (the estimated profit in 1976 reached 500 million Hong Kong dollars).

In recent years, Cheung Kong Industrial Group's profits have grown rapidly, which can be described as explosive growth. And in the next few years, profits will still skyrocket, because the number of 'patented products' has increased a lot.

Even if it is the copyright of 'Hong Kong Cube', it may be a profit of tens of millions of Hong Kong dollars every year, because doing business in Europe, America and Japan is too profitable.

In the same way, a "Pac-Man" and a "Little Bee", if they are successfully developed and transplanted to the Atari 2600 host, the profit will also be tens of millions a year.

For example, in the previous life, the six major software partners of Nintendo's red and white machine, as long as they developed a popular game, their annual profits would be hundreds of millions of dollars, which is the strength of software vendors.

"Okay, I'm waiting for your good news!"

"Yes"

With Lin Zhichao's order, the Walkman began to be sold worldwide. In recent years, Midea has also had a sales network around the world, and its products such as radios, electric fans, and arcades have opened up the market.

Kowloon, Maryknoll Convent School, which is a well-known school for girls.

Lin Zhichao parked the car far away and asked the female bodyguard to wait for Guan Jiahui at the school gate, as if he was being a thief, after all, it was really not good for people to see. Of course, it is not without examples, for example, when the gambling saint and Mrs. Lan met Ertai, Mrs. Lan was also relatively 'young'.

After a while, Guan Jiahui happily followed Lin Zhichao's female bodyguard, and then got into the car.

"Lin Sheng, why do you drive a broken Ford, you don't look like a rich man at all!" Guan Jiahui said in surprise.

"Keep a low profile, it's not good to be seen by people you know! If you hadn't said you wanted to play on my yacht, I wouldn't have come here to pick you up. Lin Zhichao deliberately complained.

In fact, his heart blossomed!

In a conversation, Lin Zhichao said that he had such a superyacht, and this girl kept thinking about wanting to play on it. Today, Lin Zhichao is fulfilling her wish.

Guan Jiahui immediately said: "You still talk about it!" Promised my mother to take care of me, now go to your yacht to play, you can't be reluctant, so stingy! ”

Lin Zhichao said angrily: "You are really welcome!" When did I promise your mother to take care of you, at most, you will come to me when you are in trouble, don't get me wrong! ”

At this time, Guan Jiahui, like an elf, immediately pretended to be aggrieved and said: "Woo, you turned your face so quickly!" My mother is going to divorce my old bean now, and the two of them quarrel when they meet, and I am so scared every day. ”

Lin Zhichao saw that this girl only had a voice and no tears, so he knew that Guan Jiahui was very relaxed in front of him, and suddenly felt a little happy in his heart.

"Okay, I'm not going to give you general knowledge!"

Guan Jiahui saw that a big man like Lin Zhichao also had a 'soft' side to her, and suddenly became more determined in her thoughts, this man had a good impression of her.

It's just a little older! Phew, where is the old, it looks like it's in its thirties, and it's even younger up close.

It's just a little more romantic! Such a handsome and rich man, if he is not romantic, he will definitely be useless!

I don't have much money, and I'm looking for a lover, not to mention this tycoon.

"Lin Sheng, I'll call you Super Brother in the future!"

"Well, let's call it in private, I also want to experience a young man."

"You're not old at all, you look like you're in your thirties!"

"Why are you in your thirties, look at it again!"

"Thirty years old? Twenty-seven or eighteen years old! ”

The two chatted, and the bodyguards in the front row were not moved at all, they were all strictly trained.

After more than half an hour, when Guan Jiahui stepped on the 'Rising Sun' superyacht, she was immediately shocked, like a little angel, running on the yacht.

Lin Zhichao also patiently followed her and answered many of her questions.

The girl didn't know that she would be entitled to have it in the future.

During dinner, Lin Zhichao gave her a Walkman.

"What is this?" Guan Jiahui asked curiously.

Lin Zhichao got up from his seat, then came to Kwan Jiahui's side, put the headphones on her head, and then turned them on.

Xu Guanjie's Cantonese song came, and Kwan Jiahui was quickly pleasantly surprised.

"What is this? Radio, but it's too small! ”

Lin Zhichao pulled her up with a smile, then hung the Walkman on her waist and said: "This product is called a Walkman, as the name suggests, you can listen to beautiful music anytime and anywhere." This Walkman is small enough to be slung around your waist, making it very convenient if you go on vacation, go to work, or go to school! ”

Actually, it's not convenient enough, two AAA batteries, you can't even play for two hours. In addition, it is expensive, a Walkman costs thousands of Hong Kong dollars, which is almost a sign of white-collar workers. Of course, in Western countries and Japan, this kind of consumption is not a problem at all.

At this time, Guan Jiahui was wearing a school uniform, and there was no belt and a place to hang it, so Lin Zhichao put the Walkman on her waist with his hand.

Soon, Guan Jiahui began to notice that her face began to flush.

"Brother Chao, will you take care of me in the future?" Guan Jiahui took the initiative to confess.

Her weak heart is in need of a white knight, and Lin Zhichao is her perfect white knight.

"Well, don't worry, I've got you covered for everything!"

Subsequently, Lin Zhichao returned to his seat, he knew that since he had already met, there was nothing that a woman could not chase.

"Your mother wants to divorce your father and then go to live in the United States, which is a fact that cannot be changed, and it is also good for her to eliminate the harm. In the future, she will recover from her injuries in the United States, and it is likely that she will return to live in Hong Kong, because based on my years of experience, life abroad will not be so adaptable. Therefore do not grieve, if you follow your father, for I am in all things. ”

After a few words, Guan Jiahui's mood suddenly brightened.

"Brother Chao, did you mean to approach our family? And then I had it for a long time."

"Ahem, of course not."

That night, Lin Zhichao sent Guan Jiahui home, and the little girl was very happy, as if she had stepped out of the shadows.

Seeing Zhang Bingqian, Lin Zhichao also chatted with her for a while, and gave her a Walkman as a gift.

After Lin Zhichao left, Zhang Bingqian looked at her daughter, and suddenly felt a little helpless, worried - did she believe in Lin Zhichao too much, thinking that she would not embarrass her daughter or treat her badly. Of course, she also needs to ensure that she and her son have enough protection after they go abroad.

Hong Kong's stock market was hot in the first quarter of this year, reaching a high of 485 points in mid-March. However, as in 1975, it began to decline in the second quarter, and although there was a rebound during this period, it has been in a volatile market.

This is the result of the incomplete establishment of confidence, after all, the impact of the '73 stock market crash' is too great.

Since June, the Hong Kong stock market has been fluctuating at 430~470 points, with ups and downs of no more than 40 points. The flatness of the stock market can be imagined.

In fact, if we calculate from 170 points at the end of 1974, the Hang Seng Index of the Hong Kong stock market has more than doubled in less than two years, which is still very exaggerated. But in the first quarter of 1975, the Hang Seng Index doubled by more than 300 points, and it was an ultra-low rebound.

On the whole, in this kind of market, if Lin Zhichao is a 'small capital', he will definitely be able to make a big profit. However, his capital is too large, so he has never only speculated in stocks for a long time, not doing short-term operations.

In the office of Cheung Kong Group, Lin Zhichao and several core executives were in a meeting, and Lin Ruihuan also attended the meeting.

"I intend to let Cheung Kong Group fully acquire Yonggao Company in the form of a share swap. Subsequently, the same method was used to fully acquire the remaining shares of urban real estate. ”

Lin Zhichao decided to continue to use the stock market to expand the Cheung Kong Group. The market value of Cheung Kong Group is more than 5 billion Hong Kong dollars, accounting for 8% of the total market value of the Hong Kong stock market, while the market value of Yonggao Company is only about 150 million Hong Kong dollars, and the full acquisition of the remaining 44% equity of Yonggao cannot dilute much equity.

Zhou Fuzhao said: "It is at the trough of the stock market, and the stocks of Yonggao Company and Urban Real Estate Investment are not performing well, and the temptation of the share exchange is full, and we can solve the problem once and for all, and we can get a good rental income." ”

Everyone agrees with this view!

In the past two years, it is not British capital that is in the limelight in the financial market, but Cheung Kong Group. Absorb a number of listed companies and rapidly strengthen the real estate heritage.

"Okay, Manager Zhou will take the lead in this matter, and let Ruihuan be his deputy."

"Okay"

At this time, Lin Zhichao was already very decentralized, and even sent his subordinates to auction official land.

Of course, he actually holds all the command.

"How is the cooperation with Henglong Real Estate, Quanli Foundation and other companies progressing?" Next, Lin Zhichao was concerned about the project.

Huang Changhong then said: "It's going well! Projects such as the high-end luxury villas in Shouson Hill and the high-end residential towers on Kennedy Road in Wan Chai will be pre-sold in phases in the first half of next year. ”

Lin Zhichao nodded and said, "The high-end luxury villas in Shouchen Mountain, leave me two for a private investment company to buy." ”

Huang Changhong said: "Okay, I'll arrange it later!" ”

Next, Lin Zhichao said: "To cooperate with friends, we must be honest, even if it is a little profit, there is no problem, we through this cooperation model, there will be more enterprises with land to cooperate with us in the future." They have the land, we have the development experience and funds, and both parties share the profits. In fact, it is more beneficial for us because we do not need to pay a large amount of money to buy the land, only pay a small amount of money for the foundation works, and we can share considerable profits with our partner companies by 'selling off-the-plan properties'. ”

There are a lot of enterprises in Hong Kong that own land, such as some old factories, and with the boom in real estate, they also want to develop their land; However, they do not have the experience and qualifications, nor the confidence and funds, so they will work with reputable developers.

Cheung Kong has been a real estate company in the limelight in recent years, and there are many enterprises that have come to cooperate with each other, such as Henglong Real Estate and Quanli Foundation.

Huang Changhong said seriously: "No problem, everyone is very happy to cooperate, and there will be no conflicts with friends." ”

These companies are coming to the boss and Changjiang Industrial Group, and the boss has personally communicated with them at the beginning, and then they will take over.

A week later, Victor Company, which represented Cheung Kong Group, announced that Cheung Kong Group had fully acquired Yonggao Company in the form of a share exchange.

According to the plan of Cheung Kong Group, the shareholders of Yonggao Company can obtain 38% of the income through the share exchange; What's more, exchanging the shares of Yonggao Company for the shares of SIIC Group can gain more potential for appreciation.

There are many responders, and the deal is secure.

this day.

Lin Zhichao saw a news: Wharf Group issued HK$200 million 7.5% bonds with warrants.

He was overjoyed and knew he could start doing it!

This is because during the period of 1973~1974, in order to raise huge funds for the development of Ocean Centre and Harbour City, Wharf Group issued new shares and bonus shares for many times, which caused the company's shares to rise sharply from 9.9 million shares to 85.01 million shares; In May 1975, Wharf Group issued HK$120 million 8% convertible bonds.

Now, the issuance of another HK$200 million of 7.5% warrants will inevitably cause shareholders to sell their shares and raise funds to subscribe for the bonds, which will lead to a decline in the share price of Wharf Group and the loss of shares to retail investors.

The offices of Universal Group.

Lin Zhichao, his old retainer Feng Yongfa, and his son Lin Ruihai are secretly discussing.

"From now on, we need to obtain 15~20% of the equity of Wharf Group within one year, but it is not appropriate to startle the snake."

After all, this kind of acquisition war is a dozen times, and the stock price has to rise several times or several times, because the opponent has to resist. Therefore, Lin Zhichao doesn't want to spend more money.

"Jardine's shareholding should not be high, we can challenge Jardine's status as a major shareholder by secretly buying 20%!" Feng Yongfa said excitedly.

The acquisition of the Wharf Group is not a small matter. To say that this is an event in which the boss represents the rising Chinese capital and challenges the British capital in the twilight of the day, and wants to 'leave a name in history' in Hong Kong's business history; to say that this is the global group is 'looking for a way back', as a close confidant of the boss, he knows that the boss has always believed that shipping will inevitably go downhill at the end of the 70s, so he has not built a large number of new ships for many years.

Lin Zhichao said: "There is no need to worry about Jardine Matheson, no matter how much they share, they cannot have our strength." The reason why I secretly bought for a year is because I just want to save some costs, that's all. ”

In fact, there is another reason, the political environment has changed in October this year, and the environment has become more enlightened in the future, which is also very important.

Otherwise, as early as 1975, Universal Group and Cheung Kong Group had the strength to challenge Jardine Matheson and Hutchison.

"Okay!"

After that, the three communicated some details. In the early stage, Global Group increased its holdings sporadically, and gradually increased various channels in the later stage.

On the other side, Cheung Kong Industrial Group has also held 20% of the shares through nine months of secret purchases; However, after holding 25% of the shares, Cheung Kong Industrial Group will show its cards, anyway, there are fewer rules in the stock market in this era.

Qingzhou British Cement is a public listed company, and the acquisition will not be too difficult, and once the card is revealed, it is not a direct acquisition on the surface, but a search for a director's seat; While continuing to increase its holdings, it intends to cooperate with Qingzhou British Cement Corporation in the main factory land in Hung Hom.

(End of chapter)