Rebirth: The Era of Hong Kong Tycoon

Chapter 279 [Xiaomi listing]

In July, a major incident happened on Taiwan Island. The major media reported that the picture tube factory of the American RCA company in Taoyuan illegally dumped sewage into the ground. After the surrounding residents drank groundwater, many people suffered from cancer.

All of a sudden, there was a storm!
Since the relationship between the United States and the mainland was easing, after this incident, Taiwan Island also took a hard line. After getting clues, it immediately closed the Taoyuan RCA factory and confiscated the passports of the American management.

At the same time, the environmental protection organizations and media in the United States played up the incident one after another.

RCA is caught in the accusations of the whole world!

Xiaomi Electronics.

Lin Rongheng recruited Xue Weiyi and said: "You will handle the rest. Citigroup in the United States will help us get the RCA picture tube business from General Electric. As for the time, it won't be so soon, maybe half a year. Maybe one year, we don’t need to rush to get it.”

Xue Weiyi asked cautiously: "Will General Electric reject this acquisition?"

Lin Rongheng shook his head and said: "Citigroup has reached an agreement with General Electric, not to mention that it is useless for General Electric to hold this business. The picture tube factory in Taiwan Island is a hot potato."

Xue Weiyi asked again: "It won't be that easy to move this factory to Hong Kong. Even if we spend money to invest in the sewage center, the trouble will be so big, I'm afraid."

During RCA’s stay in Taiwan, it has been awarded No.1 as the best manufacturer in export sales for many times, and was first regarded as a model factory by the Taiwan authorities; but it is such a large factory that it is reluctant to invest in a sewage center, which is obviously a serious crime for the management.

Although Lin Rongheng intends to take over the factory, he will not do such unreasonable things. He must ensure that the surrounding environment reaches the international first-class level.

Lin Rongheng said: "I have no plan to build the factory in Hong Kong, because no matter how many reasons we give, it will not relieve the panic of the public. I plan to move the factory to the mainland to form a joint venture."

In his previous life, the mainland only established a joint venture of a picture tube factory with Panasonic in Tianjin in 1984. Now that he has the technology, equipment, and talents, and Lin Rongheng himself is a real star, the mainland will naturally not refuse.

Only then did Xue Weiyi feel relieved, and said: "If we build a factory in the mainland, then everything will be no problem. In the future, we will have a lot of rich resources in the field of color TV! Our color TV project has been completed, and we are currently conducting research and development. stage."

Lin Rongheng asked: "What about DRAM? Is there any high salary to recruit engineers from Japan?"

The research and development and production of DRAM and TV business, Xiaomi Electronics will be located in Hong Kong and the mainland. Naturally, DRAM engineers will also be recruited from Japan. Samsung did this in the previous life. It is said that the engineers recruited by Samsung from Japan are paid longer than their president. What's more, there are special cars, assistants, etc., which are very important.

And Xiaomi Electronics will naturally not be stingy, offering double wages to recruit these talents, and its investment is no less than that of Samsung.

Both Xiaomi Electronics and Samsung Electronics entered the DRAM (storage chip) field in 1980. Samsung Electronics had the support of the South Korean government, and Xiaomi Electronics also had the financial support of Lin Rongheng. As for the period of DRAM price plummet in 1983, Xiaomi Electronics also had to implement counter-cycles. The capital invested will only be higher than that of Samsung Electronics.

DRAM in this era is only a primary electronic product, and its technical content is far lower than that of later generations. Coupled with the easing of Sino-US relations, it is the right time for Xiaomi Electronics to enter; in the later stage, Xiaomi Electronics can definitely invest in the mainland and use the talents there. resources, manpower, land, etc., may not be impossible to do a career in this field.

Xue Weiyi said: "At present, 18 Japanese engineers have been signed, and the number will continue to increase! The boss can rest assured that the Japanese are happy to come to Hong Kong to work. Hong Kong has greater advantages than South Korea, and we will not lose to Samsung."

Lin Rongheng has already set an opponent for Xue Weiyi, and wants Xiaomi Electronics to grow in the competition.

At the beginning of the year, Lin Rongheng obtained 515 billion Hong Kong dollars from gold spot funds, of which 300 billion Hong Kong dollars were invested in real estate and stocks in Japan, 100 billion Hong Kong dollars were invested in the U.S. stock market, 20 billion Hong Kong dollars were invested by the family investment department, and 16 billion Hong Kong dollars were used for Pay HSBC's personal loan, leaving nearly 80 billion Hong Kong dollars in funds.

Later, another 10 billion Hong Kong dollars was allocated for the purchase of assets in Canada and the United States by Brigitte Lin and Zhao Yazhi's second daughter, leaving 70 billion Hong Kong dollars left.

Of course, the funds invested in the United States and Japan are still continuing. The stocks are expected to be completed within one year, and the real estate is expected to be completed within one and a half years.

As for the remaining 70 billion Hong Kong dollars, Lin Rongheng did not let him idle, so he bought properties in Hong Kong in the first half of the year (1980), spending almost 40 billion Hong Kong dollars, mainly in buildings.Not just commercial buildings, but entire residential buildings and villas.

Lin Rongheng is speculating on properties. In his previous life in Hong Kong, in 1981, the registered property transaction volume was as high as 1000 billion Hong Kong dollars, which shows the huge property market in Hong Kong.

You know, the annual import and export trade is only 2000 billion Hong Kong dollars, and the annual GDP is only 1350 billion Hong Kong dollars.

The proportion of real estate is high, far exceeding that of major cities in the world.

Lin Rongheng doesn't like to idle funds, which will cause the growth rate of his assets to be too slow. Even if it is a property of 40 billion Hong Kong dollars, if he sells it in the first half of next year, he can only earn 15 billion Hong Kong dollars, which is very worthwhile.

However, the hype of the entire building has been very popular in the past two years, and its growth rate is far higher than that of residential units, so Lin Rongheng feels that he can make a small profit of 30 billion Hong Kong dollars in this wave.

Galaxy Financial Group.

In Lin Rongheng's office, Ye Tianhe and Yuan Tianfan were sitting on the sofa. Yuan Tianfan was only 28 years old and was already the No. [-] figure in Galaxy Finance. It can be seen how much Lin Rongheng attached importance to it; Lin Rongheng not only valued it, but also gave Yuan Tianfan opportunities and learning.

Yuan Tianfan has participated in the reorganization and mergers and acquisitions of companies under Lin Rongheng many times, and his experience is enough for him to double his studies in the financial company under HSBC in his previous life.

Lin Rongheng said: "I plan to let my Xiaomi Electronics Company go public this year, and Yinhe Finance Company and Huodoli Finance Company will be in charge. Tianfan, you will be the planner for the listing of Xiaomi Electronics."

The two were surprised. Xiaomi Electronics is not small. Once listed, it can be ranked among the top ten in Hong Kong. This is because Xiaomi Electronics is a technology stock, and its market value is not as popular as that of real estate companies. However, Xiaomi Electronics' financials are very good after all. Lin Rongheng invested in the initial stage A lot of money.

Of course, Lin Rongheng will not list the properties of Xiaomi Electronics' factory buildings together with the listed assets of Xiaomi Electronics. It is better to hand over these factories to Evergrande Real Estate, and collect the rent of Xiaomi Electronics every year in the future.

After Yuan Tianfan calmed down, he said, "The boss must have made a big move to list Xiaomi Electronics?"

The boss is not short of money, this is the consensus of everyone, so Xiaomi Electronics must be listed to raise a large amount of funds for the development of the company; with the current size of Xiaomi Electronics, it is no problem to raise 8 million Hong Kong dollars in the listing.

Lin Rongheng nodded and said, "That's right! Talk to Xue Weiyi about it. Xiaomi Electronics is planning to acquire RCA's picture tube business in the United States. You can also participate in it!"

Yuan Tianfan was a little excited, this is an international acquisition case, and being able to participate in it will benefit him a lot.

(End of this chapter)