1999 came.

After New Year's Day, Lin Ruijiang and high-level people gathered together in the conference room of Changjiang Industrial Group.

Today's Cheung Kong Industries Group, whose influence in Hong Kong is close to Cheung Kong's, is recognized as a technology giant in Hong Kong.

CK Group's business is divided into four major segments:

1. Traditional manufacturing industry; Including the world's top three zipper brands - Changjiang Zipper, the world's largest toy manufacturer - Changjiang Toys.

2. Household appliance manufacturing industry; Midea's products are exported overseas, and Midea (Huaxia) is also a leading joint venture brand in the mainland.

3. Electronics and games; The products invented by Xiaomi Technology are: Walkman, VCD, MP3, USB disk, and the main products are telephones, mobile phones, pagers, semiconductors and other electronic products. The Ninth City is the world's gaming giant, whether it is the era of console games (Hong Kong Cubes, Space Wars, Street Fighter, Contra, etc.), or the era of PC games (SimCity, Sims, Age of Empires, Resident Evil, Pokémon, etc.), or the era of online games (Legends, Lineage), they are all world-leading giants.

4. Telecommunications industry; As early as 1995, CK established 'CK Telecom' to promote the patented technology of 'digital cordless telephone system' purchased from Japan in underdeveloped areas, and later developed the IPTV industry and related communication technology.

Lin Ruijiang sat in the chairman's position, and couldn't help but feel proud in his heart, although this country was laid down by his father, it can indeed be said that it was carried forward in his hands.

At this time, Lin Ruijiang was also the chairman of the board of directors and chief executive officer of Changjiang Industrial Group, Yuan Tianfan and Chen Ningfeng were the vice presidents of the group, and the presidents of the four major businesses, as well as other relevant senior executives.

The lineup is strong!

"Now that the government proposes to rejuvenate Hong Kong with science and technology, we, Cheung Kong Industrial Group, as a leader, must continue to play an innovative style. The government has decided to approve our 'Cyberport' project, and we will have our own Silicon Valley in the future!" ”

In 1996~1997, Xiaomi Technology first invented the U disk, and then invented MP3, which made a big show in the world's scientific and technological circles. Both inventions have obtained international patents, and they can earn 20 billion Hong Kong dollars in the future.

Everyone showed joy.

Cheung Kong Industries Group has an electronic technology park in Hung Hom, Hong Kong, which is the factory area built by the original Qingzhou Yingni Heyuan General Factory; It is good news that we have now won the Cyberport project at Wireline Bay in the south of Hong Kong Island.

"After the completion of Cyberport, we can take the lead in transferring the office area of our group's video games and telecommunications networks." Vice President Chen Ningfeng said.

Hong Kong people don't like to invest in high-tech, but under the leadership of the Lin family, Hong Kong's technology industry has developed very well, driving many technical talents to start their own businesses, and has also achieved certain results, especially in the field of video games, some good studios have appeared.

"Ninth City is developing a total of five online games this time, and once successful, Hong Kong will become the gaming capital of the world," said Lam. President Zhao, you have to hurry up, as far as I know, our competitors are Japan and South Korea. ”

Zhao Ruian immediately said: "Lin Sheng can rest assured that at present, we have more than 800 R&D personnel in the ninth city, making it one of the largest game companies in the world. We've all made some progress on the five games that started last year, and we'll be rolling them out after the millennium! ”

There are more than 800 R&D personnel, basically all of whom are local talents in Hong Kong, which is truly remarkable. The salary level of these R&D personnel is even higher than that of white-collar workers in Hong Kong, with an average monthly salary of about 3~40,000 Hong Kong dollars.

At present, there are about 1,500 technical talents in games in Hong Kong, and most of them are trained by the Hong Kong Polytechnic University.

As for the five games that were approved in the second half of last year, they were all from Lin Zhichao, namely "Bubble Hall", "Adventure Island", "Audition", "Ragnarok", and "Miracle MU". Although these games are all inspired by South Korea, Lin Zhichao actually remembers the general gameplay and background, so it needs to be realized by Hong Kong R&D personnel.

The game talent that Hong Kong has accumulated over the years, as well as the investment in the ninth city, is the real key to success. Of course, having a direction is better than not having one, at least it increases the odds and process of success.

Lin Ruijiang said: "Internet speed will also abide by Moore's Law, and it is expected that in two years, including the Internet speed in the mainland, online games can be truly playable." ”

In 1997, the Ninth City released two online games - "Legend" and "Paradise", but the Internet speed limited these two games, but online games are like this, you can infinitely follow the new version, and every update of the version is equivalent to a new product launch, which can attract players in.

A week later.

The Hong Kong government's approval of the Cyberport project was finally finalized, and although it caused protests from some property developers, it was a foregone conclusion.

Of course, there is Lin Zhichao's relationship here, but more importantly, the Tung government is now 'anxious', and all plans that are conducive to boosting Hong Kong's economy will be taken more seriously.

Since the financial crisis, Hong Kong urgently needs the emergence of new economic industries (the Chinese Medicine Hong Kong is Tung's plan). The economic advice that Lin gave to Dong - rejuvenating Hong Kong with culture and science and technology is really a great gift, so after Lin Ruijiang proposed 'Cyberport', Dong actually agreed to it as soon as possible.

The reason why 'Cyberport' is besieged by major real estate developers is that the project also includes a large number of residential and office buildings, which will have an impact on them once completed, and it itself is also very cheap to sell to Cheung Kong Industrial Group.

But there is no way, 'Cyberport' has become one of the killer features of the Dong government, and Lin Ruijiang promised to introduce Hong Kong's game industry and telecommunications industry after completion, which is a proper success rate.

Cheung Kong Industries Group.

Lin Ruijiang and Yuan Tianfan are discussing the plan of 'backdoor listing'.

"Lin Sheng, the scale of Yangtze River Telecom is too large, and its potential is unlimited, if it joins the assets of 'backdoor listing', the group will suffer a little!" Yuan Tianfan said.

According to Lin Ruijiang's idea, the two projects of 'Yangtze River Telecom' and 'Cyberport' are injected into a 'shell' company; Cyberport is fortunately, but it has not yet invested funds, which is equivalent to a 'PPT'; since its establishment in 1995, Changjiang Telecommunications has become a major predator in the field of telecommunications, and its potential is very great.

Yangtze River Telecom was established in early 1995, in the second half of 1995 and Zhejiang Province began to cooperate with 'PHS', in 1996 into IPTV; at present, has been in China, Taiwan, Malaysia, Thailand and other regions to carry out 'PHS' business, this kind of low-cost radio technology, welcomed by the people in underdeveloped areas. As for IPTV, it is a combination of telecommunications and television.

CK Telecom's other business is that of the world's leading provider of IP-based end-to-end network solutions and services.

In short, the business is doing a lot.

Taking the mainland market as an example, it may eventually reach 100 million users; Across Asia, there may eventually be 300 million customers.

Of course, this is still in a pioneering stage.

Lin Ruijiang said: "My father said that the Internet bubble has also formed, and it will burst in as little as a year or as long as two years. Therefore, if Changjiang Telecom is not injected, even if the acquisition of Hong Kong Telecom is successful in the future, it will be greatly affected by the Internet bubble in the future. And by injecting it, we are equivalent to building a solid telecommunications empire, rather than a simple capital operation! ”

Yuan Tianfan was immediately embarrassed, he is a master of operation in the field of capital, but he has never only considered the profit and cash-out after the successful operation, as for the future operation, this is not their forte.

Lin Ruijiang's meaning is very clear, it is to prepare for long-term operation!

"Okay, then we will strive to speculate the market value to more than 10 billion Hong Kong dollars"

"President Yuan, this matter is left to you to lead!"

"No problem"

Yuan Tianfan joined Lin's enterprises in 1995, but did not follow Lin Ruijiang at first, but served as the president of Pengli Insurance (renamed by the privatization of Haiyu Asia), which was acquired by Octopus Financial Group, and then came to Cheung Kong Industrial Group as vice president, responsible for developing PHS business and planning Cyberport business.

The company's share price has been hovering between 4 cents and 6 cents, and at the current level of acquisitions, HK$100 million would be enough for a full privatization.

Because of this, Huang Hongnian cleaned up the company's business and only retained the property rent collection business. The purpose of this is simple, that is, it is equivalent to the stock is an excellent 'shell', and there are no legal problems.

Huang Hongnian is a person in the capital market, and when he does this, he naturally tells others that he intends to sell this shell.

Yuan Tianfan and Liang Botao found Huang Hongnian, and they directly talked about buying Huang Hongnian's Dexinjia.

The two sides hit it off, and Cheung Kong Industrial Group injected Dexinjia with 'Cheung Kong Telecom' and 'Cyberport Project', and obtained 93% of the new shares.

For a time, Dexinjia company has attracted much attention from the market!

"It's amazing, after the resumption of Dexinjia, the stock price must not soar!"

"At least 100 times, Changjiang Telecom's business is very large, not only as a telecommunications network service provider, but also as a mobile phone manufacturer, with a valuation of at least billions of dollars!"

"That's a cow!"

Xiaoling informed that there is a very marketable wireless phone in the mainland, and the call only costs 2 cents! How many people in the mainland should be 100 million customers. ”

"It's really fake, it's so good, I thought it was Nokia!"

The two assets injected this time are Cyberport free of charge, and Yangtze River Telecom is the asset.

Early March.

Dexinjia resumed trading, and only 15 minutes after the market opened, the stock price soared from more than a dime at the time of suspension to HK$9.22, an increase of 82.6 times, and immediately transformed into a giant company with a market value of nearly HK$10 billion.

And Dexinjia was also renamed 'Changjiang Telecom'!

In the days that followed, CK shares went all the way up, creating more myths.

Time is in a hurry.

After the five sons of the Lin family took the throne, the business of the Lin family became bigger and bigger, and the business became wider and wider.

The Lin family set off an Internet boom in Hong Kong and established TOM.com to bring China to the world, bring the world to China, and kick off the prelude to investing in the Internet.

The person who hosts the TOM network is Zou Kaixuan, who has been in the United States for many years, of course, she is only the chairman, and the president is Wang Lei from the mainland.

TOM.com was listed in October 1999, causing a huge wave of subscriptions in Hong Kong and becoming a major social event.

Lam's investment in the Internet is not only the TOM portal, but also the Internet has been invested by its companies, which has also set off a wave of Internet in Hong Kong. For example, media groups have invested in a number of websites, such as Internet comics (webtoons) and music websites.

Shortly after TOM's online listing, Hutchison sold the British company Orange to Mannesmann (a century-old German company that switched to telecommunications in 1995) to Europe's second-largest telecommunications company, earning a profit of HK$118 billion (HK$25.6 billion in cash, $26 billion in bonds, and more than HK$60 billion in shares).

Suddenly, '100 billion oranges sold' became a classic business war case - the boss and the second child fought hotly, and the second child merged the third child in a fit of anger, wanting to share the level with the boss.

This is not the end, the boss later became angry and merged with the second, completely giant - Vodafone Telecom.

When the eldest merged with the second child, the second stock in the hands of Hutchison had appreciated by 50 billion Hong Kong dollars.

Therefore, the profit obtained by Hutchison is actually 168 billion Hong Kong dollars!

At the turn of the century, Lin Zhichao, who has retired, was selected as a 'millennial entrepreneur' by an authoritative American magazine and praised all over the world.

The defeated opponents, including: Bill Gates (Microsoft), Henry Ford (Ford Motor), Richard Ackright (the first person of the British Industrial Revolution), Medici (Italian Renaissance family) and other 15 famous deceased and still living entrepreneurs, won this cross-era and cross-century laurels, becoming the most outstanding entrepreneur of the century.

Soon after.

The news released by the British Great Eastern Telegraph Company that it wanted to sell the Hong Kong Telecommunications Company immediately attracted competition from Singapore Telecom, and the other competing enterprise was of course 'Changjiang Telecom'.

After nearly a year of growth, Changjiang Telecom's market value has reached more than 50 billion Hong Kong dollars. But even so, if you want to buy a Hong Kong telecom with an annual profit of 11.5 billion, you can only rely on loans and shares of the new company after the merger.

In fact, the Yahoo stock held by the Cheung Kong Industrial Fund has been sold off since last year, making a profit of more than $6 billion.

Although it has made such a huge fortune from the United States, the acquisition of Hong Kong Telecom will not use this money, after all, after the acquisition of Hong Kong Telecom, Hong Kong Telecom should naturally be allowed to repay its debts.

Great Eastern holds 54% of Hong Kong Telecom's shares, so the acquisition of its shares also violates the comprehensive takeover ordinance, and it is necessary to buy the entire Hong Kong Telecom.

With the team led by Yuan Tianfan, Changjiang Telecom finally succeeded in defeating Singapore Telecom because it could give more cash (Singapore Telecom gave more stocks); Moreover, CK T's stock also has better growth potential than ST's stock, because after the successful acquisition, CK Telecom has three important assets: CK Telecom (mainly PHS business), Cyberport (real estate projects), and Hong Kong Telecom.

Shortly after the completion of the acquisition, the dot-com bubble exploded!

(End of chapter)