In the conference room of Hutchison Whampoa, Lin Zhichao and a group of high-level executives are having a meeting.

The content of the conference mainly focused on the five main businesses of energy, telecommunications, retail, ports and real estate, and these five main businesses have all extended to North America, Europe and Asia.

If we add the 'Hongkong Electric Company', it is actually six main businesses:

Energy: Hutchison Whampoa owns 88% of Husky (5% by Canadian Imperial Bank and 7% by Lin Ruihuan), and Husky's assets have at least tripled since its acquisition in 1986. During this period, the acquisition of an oil company doubled, and a large number of Canadian oil and gas resources, as well as a large number of natural gas resources in the United States, with an asset value of at least more than 6 billion Canadian dollars (about more than 6 billion US dollars).

Terminals: Kwai Chung Terminals is the world's largest container terminal, with Hutchison International Terminals handling more than 45% of the container volume in Kwai Chung in 1985. Since then, Hutchison has invested nearly HK$10 billion, and by the end of 1990, the company had 10 berths, 89 hectares of terminal facilities (63% of the total facilities), and 70% of the market in container throughput. Hutchison International Container Terminal Company is a monopoly enterprise in the same industry. In addition, the company has the largest cargo distribution center in Asia with 6 million square feet of floor space; and the UK's largest container terminal, Port Felicesdow. The container terminal business was a major source of profit for Hutchison, which reached HK$1.2 billion in 1990.

Retail: Retail is the traditional business of Hutchison & Co., and Hutchison owns two major retail systems, PARKnSHOP and Watsons, as well as Watsons manufacturing and a variety of consumer outlets. By December 1990, there were 170 PARKnSHOP supermarkets, and more than 40 were overseas. Watsons has more than 400 chain stores, of which more than 150 are in Hong Kong and the rest are overseas and in the Mainland. By the early 90s, Hutchison's retail turnover reached the level of more than HK$9 billion.

Telecommunications: At the end of 1986, Hutchison established a wholly-owned subsidiary, Hutchison Communications Limited, to oversee the original four companies: Hutchison Telephone, Hutchison Line Television, Hutchison Communications and Hutchison Information Communication. Hutchison Telephone Company is principally engaged in mobile cordless telephones (mobile phones), accounting for 65% of the total customer ownership rate in Hong Kong. Hutchison Communications has acquired 30 paging companies, making it the largest paging agency in Hong Kong, accounting for 6% of the market share. Hutchison Line TV cooperates with the rights and interests of Asia Satellite 1 and owns 20% of the rights and interests of Asia Satellite TV; Hutchison Information Communication mainly develops computer networking information services, and its business is in its infancy, but it has broad prospects. In addition, Hutchison's telecommunications business has made great progress in the UK, with a large share of paging subscribers, as well as a smooth entry into the first generation of mobile wireless telephony and the acquisition of a CT2 (second generation mobile radiophone) license. Hutchison has opened up local telecommunications in Australia, Thailand, Indonesia, Malaysia, the Philippines and other regions, with sole proprietorships and joint ventures.

HK Electric: In 1983, the HK Electric Group, controlled by Jardine Land, owned 9 wholly-owned companies including the Hongkong Electric Company, Fortress and Jiawan, and 5 associated companies including International City, with businesses in power, real estate, engineering, industry, trading, retail, insurance and other aspects. Profit after tax for the year was HK$722 million. In 1985, two years after Cheung Kong & Hutchison acquired HK Electric2, its annual profit was HK$1.28 billion, an increase of more than 60%, marking the first time in the history of HK Electric that HK Electric Group exceeded the HK$1 billion mark. In 1986, it exceeded HK$1.5 billion, and in 1990, it exceeded HK$3 billion. At present, Hutchison Whampoa's shareholding in HK Electric has increased its shareholding to 43.8%.

Ma Shimin said in the conference room: "Hutchison Telecommunications (UK) has completed the full equity of British Aerospace's personal communication business, and after the completion of the acquisition, Yuhan UK holds a 25% stake in Hutchison Telecommunications (UK). After the completion of the acquisition, Hutchison Telecommunications (UK) will focus on the development of the UK's second-generation mobile phone CT2 and personal communication network PCN. ”

Through the share swap, more expenses are avoided, and cooperation with local companies in the UK is also strengthened. In addition to CT2 and PCN services, Hutchison Telecommunications (UK) also has the following businesses: Hutchison mobile phones, Hutchison Pager, Hutchison mobile data, Hutchison trunk mobile phones, etc., there are too many new technologies in this industry.

Lin Zhichao said: "CT2 technology has not been verified by the market, and it is full of unknowns. In contrast, I am more optimistic about digital cellular network services, you will do your research later, and if it is feasible, Hutchison Telecommunications will be the first to enter the market. ”

Everyone was skeptical, and Ma Shimin even said: "Sir Lin, this digital cellular network service is not the mainstream in Europe at present, CT2 is the mainstream in Europe, and"

"Because of this, if Hutchison Telecommunications enters digital cellular network services as soon as possible, then we can better open up the market," said Lam. Later, give me a plan! ”

Ma Shimin could only say: "Okay! ”

In the general direction of the company, Lin Zhichao still has the absolute right to speak, and his delegation of power does not mean that the power is small. To put it bluntly, he can let anyone who disobeys him go right away, and it won't cause turmoil in Hutchison Whampoa's company.

Of course, at present, Lin Zhichao and Ma Shimin are very happy to cooperate, and Ma Shimin is a very good right-hand man.

Among all Lin Zhichao's 'cadres', he is also one of the best.

"What is the budget for CT2 to invest in the UK?"

"8~1 billion Hong Kong dollars, but it is invested in several years."

"We need to tighten it up and extend the investment horizon to minimize expenses!"

"Okay!"

After all, if you don't invest, other telecommunications companies in the UK will invest, so you will have no market influence.

The important thing is to find the right 'right path', once Hutchison Telecommunications enters the 'cellular network' for the first time, then the market in the UK will increase.

The development of Hutchison Telecommunications in Australia and Southeast Asia is also progressing steadily. Lin Zhichao is rarely directly involved in these things.

Next, Lin Zhichao's focus is on the retail industry, and he hopes to let Watsons develop to the entire Asian region as soon as possible, and then develop in Europe and the United States. At present, Watsons has stores in Hong Kong, Macao, Taiwan, China, RB, South Korea, and Southeast Asia, and more than 60% of overseas stores.

Rong Zhi came to the center of the Yangtze River Group and looked at the towering world building, and couldn't help but feel a sense of envy.

This building represents the status of the Lin Group, and even the HSBC Tower and the Bank of China Tower are slightly inferior, and are regarded by Americans as a representative work of modern architecture.

At the same time, the three towers of HSBC Tower, Bank of China Tower and Cheung Kong Group Center have become landmark buildings in Hong Kong and capital talked about by citizens and tourists.

"I don't know when CITIC (Hong Kong) will have such a headquarters building!" Rong Zhi sighed in a low voice.

As a first-class company directly under the Executive Yuan, CITIC also had to accept the unified rectification of the Chinese-funded institutions in Hong Kong in 1988, and as a result, CITIC passed the inspection and successfully passed the rectification, further confirming that CITIC had no privileges. As for the allegation by certain people in Hong Kong's media circles and business circles that CITIC enjoys privileges, that can only represent their viewpoint, and Rong Zhi will not agree.

Instead, he believes he can lead CITIC (Hong Kong) into a local chaebol.

Of course, he needs the help of a 'big guy'!

Under the guidance of the front desk, Rong Zhi came to the office of the chairman of Cheung Kong Asset Group.

"Uncle Lin," Rong Zhi called out kindly.

He came to Hong Kong for more than ten years, and it was thanks to the help of this Uncle Lin that Uncle Lin treated him as a nephew, so that he had today's career in Rongzhi.

Today, CITIC (Hong Kong) has completed the 'backdoor listing', borrowing the 'Sun King Fung Development (formerly Sun Hung Kai's real estate company)' under Cheung Kong Group, so it has officially changed its name to 'CITIC King Fung'.

After being acquired by Cheung Kong Group, Xinjingfeng Development has become a high-quality enterprise with a market value of 1 billion yuan in a few years; Another advantage of this company as a 'shell' is that it has a single business, only real estate investment, which is an ideal natural shell.

Hong Kong's CITIC acquired a controlling stake in the company through a small amount of cash and a capital swap. At this step, without Lin Zhichao's help, Rong Zhi couldn't even find the 'shell', or he didn't have the strength to go public through the backdoor at all.

Lin Zhichao invited Rong Zhi to sit down on the sofa and said, "Why do you have time to come to me?" ”

Of course, he doesn't really see Rong Zhi as a 'nephew', although he did marry the two daughters of the Tang clan in the south of the Yangtze River, but he is not a person who recognizes the relationship. The reason why he helped Rong Ji was because of his father's relationship, plus the country standing behind him.

When Chinese capital enters Hong Kong, they like to pull the tail of 'Lin Chaoren', hoping to soar into the sky with him. Lin Zhichao can also help, after all, these are all personal debts.

And next year, it's time for everyone to pay off his personal debt!

Rong Zhi said: "Uncle Lin, I heard that you are going to donate 5% of the equity of CITIC Jingfeng in your personal hands to the Lin Zhichao Foundation?" ”

After a series of restructurings, CITIC Jingfeng's shareholding is as follows: CITIC holds 49%, Cheung Kong holds 5%, Lin Zhichao holds 5%, and the rest is public shares.

Lin Zhichao said: "Well, I'm preparing for an official notice!" ”

Rong Zhi said with a sycophant: "Uncle Lin is worth learning from everyone in charity!" I heard that you are also ready to donate to the cause of the disabled in China, which shows your high style! ”

It's sycophant, but it's a fact!

As for the donation to the disabled in China, he is still in contact, and Lin Zhichao was also negotiated. Of course, it wasn't to force him to donate, but it was just that there was such a thing.

Of course, Lin Zhichao was also very face-saving, and said on the spot that he wanted to watch the performance of the disabled to understand the situation of this part of the population; As for the final donation, it will be up to the Lin Zhichao Foundation to discuss.

Lin Zhichao smiled: "You came today for something, right?" ”

Rong Zhi's face flushed, in the eyes of outsiders, he often played golf with Lin Zhichao and others, thinking that it was 'on an equal footing', but in fact, in all aspects, Lin Zhichao was his elder.

"Yes, I want to buy Hengchang!"

After Lin Zhichao heard this, he fell silent, and Rong Zhi's heart suddenly tightened, if this Uncle Lin didn't join, things would not have been successful.

Fortunately, after thinking for a while, Lin Zhichao said: "To acquire Hengchang Company, you have to invite Zheng Yutong!" Others, too, can be invited, the more the merrier. ”

Rong Zhi immediately said: "Will Zheng Yutong defect to us?" ”

Lin Zhichao said with a smile: "Of course there is no problem, they Beiyi has already failed to acquire, Zheng Yutong will definitely join us." ”

Subsequently, the two had a brief chat, and invited those people to join the gang, and finally determined that Guo Huonian, He Houqiang brothers, and Xi Weijian were all pro-China businessmen.

After Rong Zhi left, Lin Zhichao thought about it.

Last year, the news of Hengchang's intention to put the market on the market was learned by Lin Xiufeng, He Shanheng's deed; Subsequently, Lin Xiufeng established a joint venture with Zheng Yutong and Xu Zhantang to initiate the acquisition of Hengchang. As a result, the three of them got carried away, thinking that it was He Shanheng's deed, and He Shanheng's friend for many years, and things must be a matter of course, so it was rumored that the three of them planned to divide Hengchang Company's 'bones and tendons';

The result can be imagined, the three of them were directly defeated!

In 1946, He Shanheng, Liang Qiuju, He Tian, Lin Bingyan and others established Dachang Trading Company, which was the predecessor of Hengchang Enterprise. After decades of development, Dah Chong Hong has become a large-scale comprehensive trading company in Hong Kong. Hengchang Enterprises is the holding company of Dachang, and neither Hengchang nor Dachang are listed, but they are in no way inferior in scale and profitability to blue-chip companies.

In addition to the traditional grain and oil trade, Dachang also acts as an agent for Shiseido cosmetics; Acting as an agent for several brands of home appliances and audio, such as Golden Throat, Blue Treasure, Golden Medal, Fuji, TEAC First Audio, etc.; distribution of ceramic tiles, marble, cement, hardware, sanitary ware, kitchen cabinets and other building materials; Acting as an agent for Honda, Nissan, Dabaoli, Isuzu and other famous brand cars; It has a number of subsidiaries such as Taiping Advertising, Shiya Western Clothing, Dachang Warehouse, Dachang Truck Fleet, Dachang Automobile Service (Maintenance) Center, and Lisi Automobile Engineering. DCH Trading is most notable for its automobile trading, which owns 7 auto dealerships, accounting for about 40% of Hong Kong's automobile sales. DCH also owns a number of properties, including the Hengchang Building in Queen's Road Central, which is worth more than $1 billion.

In 1990, DCH had a turnover of HK$10.01 billion and a net profit of HK$1.022 billion. Compared with the year-on-year earnings of 33 HSI constituent stocks (blue chips), DCH ranked 19th, behind New World Development (HK$1.088 billion) at 18th.

If DCH or Hengchang are listed, their market capitalization and earnings can be among the top 20 listed companies and become blue chips.

Although Hengchang is not listed, it has hundreds of shareholders, mainly old employees; Among them, He Shanheng and He Tian account for about 25% of the shares, so it is very difficult to make a compulsory acquisition.

Of course, He Shanheng and He Tian both intend to put on the plate, which is the key point.

Lin Zhichao's decision to participate in this acquisition is not actually for profit, but more to help Rong Zhi. Of course, he also knew that this acquisition could be profitable, so he decided to let the 'Lin Zhichao Foundation' operate it.

He is not short of money now, so he pays more attention to philanthropy. (End of chapter)