Chapter 453 [The Man Who Laughs Last]

Tin Shui Wai.

Lin Zhichao accompanied Wang Zhongyi, the person in charge of Huayan Company, to come here for inspection, this is the first time he has cooperated with a Chinese-funded company, so he also takes it seriously.

After all, the next 30 years or so will be a period of economic explosion in China, and if Lin Zhichao only relies on Hong Kong's status and does not take the initiative to 'get closer,' then his investment in the mainland may also be affected to a certain extent.

Of course, it is not a 'close-up', but a kind of mutual cooperation and utilization, he has helped Chinese companies to gain a foothold in Hong Kong, while his enterprises are taken care of in the mainland.

"Mr. Lam, does the Hong Kong government really intend to develop Tin Shui Wai into a new town, and leave it to enterprises to develop on their own?" Wang Zhongyi said excitedly.

If Huayan Company wins this project, it will show its prestige in the Hong Kong business community and make a lot of money. You must know that the most profitable enterprises in Hong Kong are real estate companies.

Lin Zhichao smiled and said, "There is no need to doubt this, Manager Wang." If the Hong Kong government had not had the idea of developing Tin Shui Wai into a new town, we would not have acquired the Tin Shui Wai enterprise last year. Now they are just two other companies, which do not have enough confidence in the mainland and Hong Kong, so they plan to get rid of them; In fact, we have communicated with the Hong Kong government and believe that it is the most reasonable and suitable to invite the Chinese-funded enterprise Huayan to join. ”

For the development of Tin Shui Wai, Cheung Kong Group will naturally communicate with the Hong Kong government, even if it is a change of shareholders, it needs the consent of the Hong Kong government. The reason couldn't be simpler: without the approval of the Hong Kong government, Tin Shui Wai would be a piece of farmland, a reservoir, a dilapidated house, and nothing.

Wang Zhongyi said happily: "The signal has been sent from above that it will ensure the interests of Hong Kong businessmen and the prosperity of Hong Kong, please rest assured." ”

Lin Zhichao said: "There are always people who are not bold enough! If Huayan is interested in this project, I can communicate with Huayan and let Huayan buy 51% of the shares, and the rest will be held by Changshi Group, and this project will be led by Huayan Company, and we can be a shareholder of Cheung Kong Group. ”

Wang Zhongyi was very excited by Lin Zhichao's words, and in his opinion, this is a big project that Huayan Enterprise has never had. If this area is developed into a new town, it can accommodate 500,000 people, equivalent to 10% of Hong Kong's population.

"Thank you Mr. Lin for your help, we will remember it in our hearts!"

"Haha, Manager Wang is serious. If this project does not have the background of Huayan, there is no real estate developer in Hong Kong who dares to develop it, so it is inevitable that you will lead this project. ”

Despite this, several manager-level figures in Huayan expressed their gratitude to Lin Zhichao.

Everyone is undoubtedly very excited, Huayan has been developing in Hong Kong for many years, and compared with local enterprises, it is nothing at all. But if this project is completed, then there is no problem in promoting Hong Kong's top ten enterprises.

After the inspection, the senior management of the two companies had a meal together, and the relationship between them was very friendly.

After the banquet, everyone dispersed with three points of wine.

"Father, this project is full of difficulties, where does Hua Yan have the experience to do it. They have no experience in developing real estate, nor do they know how to cater to the ideas of the Hong Kong government, so they are afraid that "in the car, Lin Ruihuan expressed his doubts."

He knew some of his father's thoughts - to make friends with the mainland authorities, but this project was impossible for Hua Yan to complete.

Lin Zhichao looked at his son, this kid was quite smart, and he knew that Hua Yan would not be able to complete this project. However, compared to planning, of course, he can't compare to Lin Zhichao, in addition to Lin Zhichao's more sophisticated calculations, Lin Zhichao knows the future.

"What is the problem now? It is the Hong Kong government that also hopes that Hua Yan will join this project, so that it can test the attitude of the mainland. No matter how the New Territories is developed, the Hong Kong government is hesitating, and businessmen are also hesitating; The businessmen were not only hesitant, but also worried that after 18 years, their investment in the New Territories would be in vain, which is why Wheelock and Hopewell Properties were going to withdraw. ”

Lin Ruihuan suddenly realized and said: "Although the high-level management of the capital promised this year to protect the businessmen's property from loss after the return, the unknown situation still makes everyone suspicious, so everyone hopes for Hua Yan's participation and support." ”

Lin Zhichao nodded and said: "That's why the Hong Kong government readily agreed to Chinese capital to join this project this time, as long as Hua Yan dominates Tin Shui Wai, it means that the entire New Territories can be invested with confidence." The development of the New Territories is an urgent matter, and Hong Kong has a large population and is so small. ”

Lin Ruihuan suddenly thought about it, and his father did not deny his statement - Hua Yan can't handle this big project, not to mention that Hua Yan can't handle a new town with a population of 500,000, and even Cheung Kong Group is currently very difficult.

In this way, the project will drag on for many years, and during this period, Cheung Kong Group will always be the most advantageous.

Lin Zhichao saw that his son almost understood, patted him on the shoulder and said: "Don't be in a hurry about some things, who will be the biggest beneficiary in the future, and who will be the last person to laugh, must be the one who waits patiently and accumulates strength." So this project, when it doesn't exist and it's time for us to take over, will naturally come. ”

Lin Ruihuan nodded and said, "Well, I understand!" ”

The Tin Shui Wai project, even if Lin Zhichao is now leading the development, is unlikely to succeed, this is 52 million square feet of land. Not surprisingly, the Hong Kong government will still take back part of the land for the development of public housing estates and infrastructure projects, but at the same time, it will also allocate part of the land to enterprises for the development of real estate.

To put it bluntly, it is the government and enterprises that lead the development of Tin Shui Wai together, so that the development can be truly successful.

Of course, Lin Zhichao is not waiting for 49% of the interests, but higher interests. As long as Hua Yan has no confidence, then it will be dominated by Cheung Kong Group, but Hua Yan is afraid of losses, and is bound to hope that Cheung Kong Group will give guarantees, then Hua Run's interests will naturally be taken advantage of the opportunity to strip a lot, because this is a VAM agreement.

Next.

The head of the Wheelock Group, Xiao Ma Deng, came to visit Lin Zhichao again, and the two talked in the office of Cheung Kong Group.

"Sir Lam, Wheelock Building and Madden Building are ready to be rebuilt, I would like to invite Cheung Kong Group to cooperate, I believe you must be interested!" Madden Jr. said.

The Wheelock Building, formerly the Jardine House, was exchanged in the early seventies; Hongkong Land needs Wheelock Building to carry out the 'plot ratio transfer' and merge the land of 'Wheelock House + Gloucester Building + Royal House' into 'Landmark Plaza' and 'Gloucester Building'.

The original Jardine Building, across the street from Pedder Street, naturally became the current Wheelock Building.

Lin Zhichao said: "What kind of cooperation method? ”

He knew that Madden Jr. was very conservative but more aggressive in shipping because he was worried about the future of Hong Kong. Rebuilding the building can cost hundreds of millions of Hong Kong dollars, where is he willing to invest.

"Cheung Kong Group will pay for the redevelopment and share 50% of the equity, and the top two floors of the building will be used as the headquarters of Wheelock Group, and the rest will be used for rent collection purposes."

In Xiao Ma Deng's view, the China Bank Building, which is cooperated by Cheung Kong Group and HSBC Group, is very successful, so there is nothing wrong with cooperating with Cheung Kong Group, and all aspects are guaranteed.

Lin Zhichao said happily again: "There is no problem, this cooperation plan is very fair!" ”

As long as it is a request made by a cooperative enterprise, Lin Zhichao almost agrees to it completely. The reason couldn't be simpler, the land is theirs, and Cheung Kong Group is 'cheap'.

For example, in the reconstruction of Wheelock Building and Madden Building, although Cheung Kong Group has to invest more than 300 million Hong Kong dollars in construction costs, this money is very cost-effective whether it is a bank loan or using its own funds.

After some discussion, the little horse departed.

In his opinion, it is good to cooperate with Cheung Kong Group, the reconstruction of the first nine properties has been started, and it can be sold next year, with very high efficiency and very good management quality, which is not comparable to small and medium-sized real estate developers.

After Xiao Ma Deng left, Lin Zhichao also fell into thinking.

He is estimating how much money Cheung Kong Group can make in recent years.

Assuming that the cash flow plus financial investment at the end of 1979 was 13~1.5 billion Hong Kong dollars, at the end of 1980 it was 20~2.5 billion Hong Kong dollars, and at the end of 1981 it was 3.5~4 billion Hong Kong dollars.

Is this money enough?

Obviously, it's not enough, and while it may be worth more, it's still not enough.

In the 80s, there was also a 'land king', and the land cost alone may be more than 5 billion, not to mention, there are construction costs, as well as investment in the Yangtze River Square (Admiralty), etc., as well as overseas development.

After a while, Lin Zhichao called several high-level executives to the office.

"I want to invest 200 million Hong Kong dollars in the Hong Kong market as soon as possible, you can arrange it!"

The crowd was amazed!

Zhou Fuzhao took the lead in speaking: "Boss, the international gold is 305 US dollars per ounce, and it has risen by three percent this year. ”

Lin Zhichao said: "I know that I am optimistic about the market outlook, and gold is more than 300 US dollars per ounce, which is still very cheap." If oil rises high, gold must rise high, and this is the practice from now on. ”

His idea is that if he invests 200 million Hong Kong dollars in spot gold now, it will be at least 70% of the profit, and there will be an additional 140 million Hong Kong dollars of non-recurring profit at the end of the year, and plus the 100 million Hong Kong dollars of gold invested before, he can also reap 150 million Hong Kong dollars of non-recurring profit.

In this way, this year's non-recurring profit is as high as nearly 300 million Hong Kong dollars, coupled with the real estate boom, Cheung Kong Group can exceed 600 million in the real estate field.

A company with an annual revenue of more than 900 million is also powerful enough.

The matter was quickly finalized, and in this regard, everyone still believed in Lin Zhichao very much. Including Myris, there was no objection to the whole process, because in some ways, the personal power of the boss is also very important.

The debt of Cheung Kong Group is a very low part of the debt of Hong Kong-listed enterprises, with a market value of nearly 10 billion yuan and a debt of around 7.8 billion yuan. Even in terms of assets, the debt ratio is only around 10%, which is not too good.

Time flies, and it comes to the end of October.

Lin Zhichao was invited by the British government and the royal family to go to London and accompany him as a 'middleman' for the high-level Chinese and British leaders. Lin Zhichao, the middleman, has a very good relationship with both parties, and sometimes he can pass on some information to make it more convenient for both parties to communicate.

During this period, Lin Zhichao also had private exchanges with the representatives of the Chinese side, and of course they were not talking about state affairs, but about patriotism.

"I heard that Huaxia intends to develop in the shipping industry, and I am willing to contribute some modest efforts in this regard. In the past 30 years of shipping, I have often visited shipyards in Europe, America and Japan, and recorded some more professional technologies, standards and other materials, these notes are placed in my study, and now I hope that they will contribute to the country's shipbuilding industry. In addition to this, the global group can also consider supporting the national shipbuilding industry and providing orders. Lin Zhichao said seriously.

Today's Universal Group only has 9 million tons of ships left, but there is no problem at all in ordering some bulk carriers, because the mainland business can also be done.

When the Chinese representative heard this, he immediately said happily: "I deeply welcome and am glad that Mr. Lin is patriotic. With such important information, after I return to China, I will definitely ask the Sixth Machinery Department to officially send you an invitation. ”

Lin Zhichao nodded and said, "I must arrive!" ”

His materials can be said to be the history of the development of Japan's shipbuilding industry, and many technologies can only be accessed by Lin Zhichao. Because Lin Zhichao was the most important customer of the Japanese shipbuilding industry back then, and the Japanese shipbuilding industry would not feel that Lin Zhichao was stealing technology, and he couldn't learn advanced technology, so he was defenseless at all.

To put it bluntly, if the Chinese side obtains these materials, it can save several years of research and effort, and soon make China's shipbuilding industry achieve certain results.

Of course, the current shipbuilding industry in China is by Soviet standards and is incompatible with international standards. So, the standards had to be reinvented, and the whole system needed to change.

After talking with the Chinese representatives for two hours, Lin Zhichao left.

At this time, Lin Zhichao was not thinking about any government, but as a Chinese, he was making his own contribution to the country. Take the precious shipbuilding materials in his hands as an example, he didn't need to study and summarize in such detail back then, because he had already thought about today.

To be honest, spending so much energy, for Lin Zhichao, I don't know how many billions it is worth; Of course, for Lin Zhichao's family and country feelings, it is worth the amount of energy and money spent on this information.

If you are poor, you will be good alone, and if you are good, you will help the world!

After the escort was over, Lin Zhichao did not leave London, but took his son Lin Ruikai to the headquarters of the British Li.

"Sir Lin, welcome to Leigh's Voice Headquarters!" President Guy warmly welcomed.

"Hello, President Guy!" Lin Zhichao held Guy's hand.

Then the two sides came to the conference room.

Prior to this, the media group had already contacted Li's voice and expressed its willingness to take over the operation of Hong Kong's Li's TV station.

Therefore, this is the condition for the two sides to talk about the transaction.

Guy shrewdly took the lead and said: "Mr. Lam's media group has achieved the first performance in Hong Kong's publishing, newspaper and film industries, and now it intends to enter the television industry, it seems that he is very confident!" ”

Lin Zhichao knew that this was Guy who wanted to negotiate, and he said with a smile: "It is not so much that we want to enter the TV industry, but rather that the media group hopes to dominate Li's TV station, so that Hong Kong's TV industry will not be monopolized by TVB, and it will be more competitive and form healthy competition." In fact, I am actually the majority shareholder of TVB, and if I really just want to enter the TV industry, then I think TVB is the best choice for me. However, I've always liked challenges, so I hope to give Rei hope. ”

Guy was stunned for a moment, and asked curiously: "Mr. Lin is the majority shareholder of TVB?" ”

This has not been investigated clearly, it is simply unfamiliar with the business, after all, the two sides have been negotiating for two or three months.

Lin Zhichao said: "Hutchison Whampoa is one of the major shareholders of TVB and the largest shareholder along with HSBC. ”

Guy suddenly said: "I know, Mr. Lin and the chairman of the board of directors of Hutchison Whampoa. ”

Immediately, the high-level leaders of Li's call suddenly realized.

In this way, Li's voice wanted to kill the idea of a lump sum, and it was suddenly a little difficult. After all, now Lin Zhichao has two options.

However, after thinking about it, Guy said: "After Hong Kong Li's TV station absorbed the resources of Hong Kong Jiayi TV last year, good development is taking place. ”

Lin Zhichao said: "Of course! I see it! ”

Guy choked suddenly, and the others directly and generously admitted it, making him punch the air.

"What price is Sir Lin going to offer?"

"What price do you want?"

"In fact, we don't have the idea of selling Leigh's TV station yet, just like we in the UK don't plan to withdraw from Hong Kong."

"It's not about politics! Li's TV station is at a disadvantage in Hong Kong, and it lost tens of millions of Hong Kong dollars last year alone, there is no need for Li's voice to stick to it, we are willing to pay a reasonable price to let Li's voice exit safely. ”

Guy made eye contact with a group of high-level executives, and he finally said: "Okay, 120 million Hong Kong dollars, we sell 60% of the equity and hand over the management to the media group." ”

Lin Zhichao immediately calculated, this price is definitely not worth it at this time, but Li's TV station is gaining momentum, and it will be worth this price in more than a year.

TVB's market value is five times that of Li's market value, and now Li's TV station is valued at 200 million, so TVB's valuation is 10 billion. However, in terms of making money, it is far behind, TVB's annual profit has been more than 80 million, and it is stable to break through hundreds of millions of Hong Kong dollars in the early eighties; And Li's TV station lost tens of millions of Hong Kong dollars last year.

In the end, Lin Zhichao decided to take it.

He won the 60% equity, but there is still 40% of the equity not taken, so Lin Zhichao will definitely not end up in person in the past two or three years, and he has to buy the shares of other shareholders first.

(End of chapter)