Reborn in Hong Kong as a Tycoon

Chapter 568 Targeting the Aviation Industry (Two in One)

Cathay Pacific Airways, founded in 1946, is the first airline in Hong Kong to provide civil aviation services, and also the only airline in Hong Kong.

At present, Cathay Pacific Airways belongs to the Swire Group and is the only airline in Hong Kong, monopolizing Hong Kong's foreign aviation business.

No matter which industry it is, as long as it is a monopoly enterprise, there is basically no possibility of loss.

"Cathay Pacific is the only airline company in Xiangjiang, and it is a subsidiary of the Swire Group. It may not be easy to acquire it."

Lin Baicheng put down the information in his hands. In fact, it was not easy. He knew that it was basically impossible for him to acquire Cathay Pacific from Swire Group, unless he offered several times the premium.

However, several times the premium is obviously impossible, let alone whether Lin Baicheng will be taken advantage of, and he has never done business like this.

"Mr. Lin, Cathay Pacific has monopolized Xiangjiang's aviation business, and its annual profits are quite high. Therefore, without special circumstances, it is impossible for Swire Group to sell Cathay Pacific."

Qin Lan, who was sitting opposite Lin Baicheng, said aloud.

"It's a pity, if only Cathay Pacific had a major accident in the past one or two years."

Lin Baicheng picked up the information and read it again, feeling a little regretful.According to the data, Cathay Pacific Airways had a major accident in June 1972. A bomb was planted on a plane, which caused the plane to explode and killed 81 people on board.

This kind of major accident will definitely cause Cathay Pacific to suffer heavy losses. If someone wants to buy Cathay Pacific at a premium at this time, the shareholders of Swire Group may transfer Cathay Pacific out of interests.

It is a pity that it is the end of 1979, seven years have passed, and the adverse impact of the plane bombing on Cathay Pacific has passed.

Now, Cathay Pacific Airways creates considerable profits for shareholders of Swire Group every year. It is a good asset, and shareholders will not easily sell Cathay Pacific Airways.

"Mr. Lin, if you really want to buy Cathay Pacific, you can try with HSBC and entrust HSBC to buy from Swire Group. Maybe there is still some hope."

Qin Lan made a suggestion. Although she felt that even if HSBC stepped in, it was unlikely to succeed, she hoped that there was still a chance.

"You can try HSBC."

Lin Baicheng nodded slightly, and decided to try Shen Congee from HSBC. Anyway, even if he didn't succeed, he would have no loss.

On the same day, Lin Baicheng asked Qin Lan to help him meet Shen Congee, and then talked with Shen Congee about entrusting HSBC to acquire Cathay Pacific Airways.

When Shen Congee learned that Lin Baicheng entrusted HSBC to acquire Cathay Pacific from Swire Group, he first agreed, and then said that this matter was difficult. Cathay Pacific was operating very well, and it was almost impossible for Swire Group to sell Cathay Pacific.

Shen Congee said that he was just trying to ask, but the possibility of success is unlikely, so Lin Baicheng had to be mentally prepared.

Lin Baicheng also knows that the possibility of success is unlikely, but there is still hope for HSBC to try, and there is no hope if no action is taken.

Only one day later, Shen Porridge contacted Lin Baicheng and told him that the Swire Group clearly refused to sell Cathay Pacific Airways, saying that Cathay Pacific Airways was not for sale, and did not even do such a thing as asking a price like a lion's mouth, which shows its determination.

In this way, Lin Baicheng had no choice but to accept that he had no choice but to sell the company.

However, Lin Baicheng, who discovered that Xiangjiang is an aviation service company like Cathay Pacific, is unwilling to give up so easily.

Realizing that it was almost impossible for him to acquire Cathay Pacific, Lin Baicheng planned to start another company. The refusal of Swire Group made him decide to take action.

If Cathay Pacific is the only airline to start a company to compete, there will definitely be huge resistance, and the vested interests Swire Group will certainly not allow Lin Baicheng to open an airline to compete with itself.

This is Xiangjiang, and now Xiangjiang is still in the hands of the British, so Lin Baicheng is not prepared to face the pressure of Swire Group alone.

Lin Baicheng is going to find someone to join the joint venture, such as Bao Yugang, Guo Henian and others are good partners. Their joining will allow everyone to work together to withstand the pressure exerted by the Swire Group through the British side.

On Saturday, Lin Baicheng gathered with Bao Yugang, Guo Henian and Hu Yinxiang at Lin's house.

There was a reason why Lin Baicheng didn't invite Huo Yingdong and Zheng Yudong this time.The reason for not making an appointment with Zhengyudong is because Zhengyudong has relatively little capital, and if the airline is really established, the investment at the beginning is not small.

As for not making an appointment with Huo Yingdong, it was because the establishment of the airline would have been blocked by the Swire Group. If there were more Huo Yingdongs, the hope of establishing a new company would be even lower.

Before Huaguo and the United Kingdom sign relevant contracts on the return of Hong Kong, it is best not to set up a company with Huo Yingdong on the bright side, otherwise the company will only be suppressed by the Hong Kong government, and basically it will be difficult to get things done.

Yesterday, facing Lin Baicheng's invitation, the three of Bao Yugang agreed to get together and set a time and place to meet at noon today.

Around 02:30, Lin Baicheng, Bao Yugang, Guo Henian and Hu Yinxiang had afternoon tea together in the garden of the Lin family villa.

Lin's father and Lin's mother are not in Xiangjiang now. They flew to Los Angeles the day before yesterday to see Lin Qin.But this time they don't plan to stay in Los Angeles all the time. There are two nephews from the mainland. They must watch and take care of them.

It was precisely because his parents were not at home that Lin Baicheng decided to meet at home.

"Lin Sheng, when you invite us to get together this time, you don't really just want to have a party and chat with us, do you?"

The four drank tea and chatted for a while, then Bao Yugang looked at Lin Baicheng with doubts.

Lin Baicheng nodded with a smile: "I want to get together and chat with you, but I have something to discuss with you."

"Lin Sheng, what's the matter?"

Guo Henian couldn't help but wonder if Lin Baicheng wanted to find everyone to invest in something together.

"Is such that."

Lin Baicheng said to the three people: "A few days ago, I suddenly felt that the aviation industry had great potential, so I wanted to acquire an airline company. After checking, I found that Xiangjiang currently only has Cathay Pacific Airways, and there are no other competitors."

"Cathay Pacific Airways belongs to the Swire Group, but Cathay Pacific Airways is not a listed company. I don't think you, Lin Sheng, can acquire Cathay Pacific Airways?"

Bao Yugang immediately said that when he decided to go ashore, he checked many high-quality companies in Hong Kong, and Cathay Pacific was one of them.However, he knew that it was basically impossible to acquire Cathay Pacific, so he did not take any action at all.

Lin Baicheng nodded: "Bao Sheng is right. I entrusted Shen Dapan from HSBC to buy Cathay Pacific for me, but Swire Group clearly refused."

Hu Yinxiang asked with a face: "Lin Sheng, why did you mention this to us?"

"I still don't give up."

Lin Baicheng didn't hide anything, and said to the three people: "I think since I can't buy Cathay Pacific, why can't I set up an airline? I know that if I set up an airline, Cathay Pacific, which monopolizes the aviation business, will definitely stop it. Swire The group will definitely try its best to stop it, so I want to unite a few people and work together to establish the airline."

Bao Yugang shook his head lightly: "Lin Sheng, this is not an easy task. After all, Xiangjiang is now in the hands of the British."

Lin Baicheng said with a smile: "Ming people don't talk dark words. If it is not difficult, I can set up an airline by myself. There is no need to find a few more."

Hearing this, Bao Yugang, Guo Henian, and Hu Yinxiang couldn't help but nodded in agreement. If they could monopolize the benefits, let alone Lin Baicheng, they would also choose to monopolize the benefits.

Lin Baicheng said: "Three, let's not consider the difficulty of establishing an airline company now. Let's first talk about whether the three are optimistic about the aviation industry and whether they want to invest in the establishment of an airline company with me. Let's first decide whether we want to cooperate together , and then talk about difficulties.”

Bao Yugang immediately said: "With the reform and opening up of the mainland, the importance of Xiangjiang as a bridgehead connecting the mainland and overseas will continue to be highlighted. The aviation industry will definitely have a lot to do. I am willing to invest in a joint venture with Lin Sheng to establish an airline."

"I'm fine too."

Guo Henian followed closely behind. The future prospects of the aviation industry can be expected, and the possibility of making money is extremely high. He has no reason to refuse.

"I would also like to cooperate."

Hu Yinxiang nodded, and then said: "However, what are your capital contribution ratios and shareholding ratios?"

Lin Baicheng said to the three of them: "Everyone will work together, and you will own as much stock as you invest. I think everyone should have no problem with this, right?"

"No problem!" "Fair!" "Yes!"

Regarding this point, Bao Yugang, Guo Henian and Hu Yinxiang had no objection.

"Next, in terms of investment ratio, Bao Sheng and I each contribute 30%, and Guo Sheng and Hu Sheng each contribute 20%. What do you think?"

Lin Baicheng asked aloud, if he could not hold 30% of the shares, then there would be no need for the establishment of this airline company, and he would not be able to make a lot of money after busy work, so what would he do with so many things.

"I'm OK!"

Guo Henian agreed after a moment of pondering. Even if the four share equally, he only has 25% of the shares. Since this is the case, it is better to sell Lin Baicheng to save face.Furthermore, it is not a bad thing to pay less money for holding shares.

"I'm fine."

Seeing that Guo Henian agreed, Hu Yinxiang did not object when he heard the words.After all, it was Lin Baicheng who asked them to cooperate with them. Lin Baicheng had more shares, and Bao Yugang was stronger. It was also justified to have more shares than him.

Besides, this is the first time he has cooperated with Lin Baicheng and Bao Yugang, so it is better not to be fussy, so as not to leave a bad impression on people.

"I have a question!"

Bao Yugang said solemnly: "For this cooperation, Lin Sheng, you are the initiator after all. It is reasonable to hold more shares than us. I hold more shares than Guo Sheng and Hu Sheng, so it is unreasonable. Therefore, I account for 20% of the shares is fine, Lin Sheng, you own 40% of the shares, so that we can just ascertain who is the leader.”

"If Lin Sheng and I have the same shareholdings, then who of us will be the dominant one? If the leader is not clear, it will not only be detrimental to our establishment of the company, but also detrimental to our development plan for the company after the establishment of the company."

"This"

Lin Baicheng was a little surprised.

Seeing this, Guo Henian said: "Lin Sheng, don't refuse, it's true that the snake has no head."

"That's the truth."

Hu Yinxiang also quite agreed with this, and made it clear that Lin Baicheng was the leader, so that internal strife would not easily occur.More importantly, the three of them together own as much as 60% of the shares, so there is no need to worry about Lin Baicheng messing around.

Of course, the three joined hands to fight against Lin Baicheng. They had no choice but to do so. They would definitely not do that, because doing so would be tantamount to breaking face with Lin Baicheng.

"Since the three of you have said so, then I won't refuse."

Seeing this, Lin Baicheng was no longer polite, and it would be good to have 10% more shares. He wished that his shareholding ratio in the airline company would be as high as possible.

Afterwards, the four of them discussed the total investment of the airline, and decided to invest 5 million to 10 billion Hong Kong dollars in the early stage, and discuss the specifics after the establishment of the airline.

Now, the most important thing for Lin Baicheng and the others is to establish the airline.If the company cannot be established, it is meaningless to talk about it in detail now.

The four of them knew very well that the establishment of an airline would definitely face resistance from the Swire Group. If they wanted to establish an airline, they had to be approved by the Hong Kong government. Once they applied to the Hong Kong government to establish an airline, the Swire Group would know about it immediately.

Therefore, it is useless to engage in raids. The Swire Group will respond immediately. What they have to do is to publicize the Hong Kong government and get the Hong Kong government to agree to their establishment of an airline.

Bao Yugang said to Lin Baicheng: "Lin Sheng, the resistance we face will be as great as the profits of the aviation industry. Therefore, we have to prepare for a long-term battle. We want to get the Hong Kong government to approve us to establish an airline company in a short time. I'm afraid it's not that easy."

Hu Yinxiang said: "The first thing we need to do is to prevent the Hong Kong government from immediately refusing to approve our establishment of an airline company. As long as we can do this, we can take our time."

"I will talk to Sir Mai, Bao Sheng, Guo Sheng, Hu Sheng, you all have to contribute."

Lin Baicheng nodded, and said to the three of them that he did not seek them to form a joint venture so that they could share the pressure and work together.

"We'll all do our best."

Bao Yugang immediately said that they were contributing to their own company, and of course they would not be negligent.

"Yes."

Guo Henian and Hu Yinxiang also meant the same thing. If they didn't want to contribute, they wouldn't agree to cooperate together.

Lin Baicheng said: "We lobby first and get the support of some people. After ensuring that there is hope to establish an airline company, we will apply to the Hong Kong government to establish a company. We can hide it from Swire Group for as long as possible."

In this regard, the three of them agree very much. Doing related work in the front can ensure invincibility.

Afterwards, the four of them roughly discussed how to deal with the pressure from the Swire Group, and formulated a general plan.

(End of this chapter)