The Birth of the Hong Kong Island Family.

Chapter 263 [Asset Reorganization]

"Boss, the leasing rate of Yingzhi Building has reached 97.5%, 25% of which are foreign tenants, and the total rent for the first year is 272 million Hong Kong dollars." Huang Changhonghui reported.

Lin Zhichao is not surprised by this result. According to the statistics of the relevant departments of the Hong Kong government: this year, the number of registered local companies in Hong Kong is 3920, and the number of foreign companies is 395, including 102 American companies and 72 British companies.

With so many foreign companies coming here, they must set up offices in Hong Kong Central, which is their first choice.In this way, there is no need to worry about the rental of office buildings in Central Hong Kong.

"The rent is good, and the cost will be paid back in about six years!" Lin Zhichao commented.

This piece of land covers an area of ​​1.4 square feet. The original purchase price was less than 400 million Hong Kong dollars, the construction cost was 800 million, and the total investment was 1200 million. A net profit of about 8 million.

That is, according to the current land price, the total investment should be 1800 million, so it will take more than eight years to pay back the capital.

Of course, the rent will rise. In the next few years, the rent of Grade A office buildings in Central Hong Kong is expected to rise to more than 1.5 Hong Kong dollars, while it is currently only 1.1 Hong Kong dollars per square foot per month.

Huang Changhong went on to say: "The move-in of Yingzhi Building's office building is arranged in December, and the shopping mall is arranged until New Year's Day."

Slightly earlier than expected, the entire construction period is 20 months, and the speed is not fast. After all, there are only 22 floors in height, and each floor is only 8200 to 10000 square feet.

In the previous life, Jardine's Kangle Building was 52 stories high, and it only took 18 months from the start of construction to the flat roof.

"Okay, that's it! After selling the Crocodile Shirt Building to Uniqlo, Cheung Kong added new 'rent-collecting properties' in time, so the allocation is healthier."

Huang Changhong didn't pick up this topic, anyway, it's the boss's property. After adjusting it, he, the deputy general manager, didn't feel it.

After Huang Changhong left, Lin Zhichao thought about it.

Cheung Kong Property Group, Cheung Kong Properties, Shangri-La Hotel Group, Uniqlo Enterprise, Miramar Hotel, these will be the companies under the "Cheung Kong Holdings" in the future.

Among them, in 1972, the Cheung Kong Industrial Group had to provide at least 10 to 15 real estate projects (under construction or not yet built). Other assets include Poly Construction, quarry enterprises, doll noodles, and some rent-collecting properties, such as doll noodles Industrial buildings in Causeway Bay, commercial and residential buildings (commercial part), department store business, and scattered rental properties.In this way, the asset scale of Cheung Kong Industrial Group will not be small at that time, and the capital raised may be 25 million ([-]% public shares).Of course, at that time, the listed assets will be reduced according to the actual situation.

Among them, in the case of Changjiang Real Estate, assets such as office buildings and reserve land will not be listed; at that time, it will have to change its name and become a family rental company.

Among them, the Shangri-La Hotel Group will be developed as the hotel group of the Lin family, and the first Shangri-La Hotel will start investing in the mid-60s.

Among them, Uniqlo will also go public in 1972 to raise funds to develop the clothing industry and a small amount of real estate. The real estate industry is mainly for sharing risks.

Among them, the Miramar Hotel Group was listed in 1972 to raise funds to develop real estate and hotels. In the 80s, it was privatized by Cheung Kong Industrial Group and "Cheung Kong Holdings". Therefore, it is actually an asset under Cheung Kong Industrial Group, but only temporarily Just go out and make some money.

After some planning, the assets under Cheung Kong Holdings were finally straightened out, and the final result was:

Cheung Kong Industrial Group is a leading listed company;

Changjiang Real Estate is a family rent-collecting enterprise, mainly investing in office buildings, shops, and high-end residences;
Shangri-La Hotel Group, a hotel group owned by the Lin family, may consider going public in the future;

Uniqlo Enterprise is a listed company with comprehensive clothing.

The above four, together with the undeveloped 'Media Group', are equivalent to five companies under the banner of 'Cheung Kong Holdings'.

Cheung Kong's 'Changhong Industrial Building (Kwun Tong)' opened. Since another industrial building has been transferred to Uniqlo, this building is the first industrial building of Cheung Kong and serves as a 'beverage and food production base'.

Changhong Industrial Building is also 12 stories high, with a floor area of ​​1.6 square feet per floor, totaling 19.2 square feet.Among them, 'Changhong Beverage and Food Company' has reserved three floors.

After the ribbon-cutting ceremony, Lin Zhichao and Tang Caiyun inspected the 'Doll Noodles' production workshop, which is only a part of the production capacity; there is still a part of the production capacity in the Yangtze River Industrial Park, which will be gradually moved here.

Doll noodles are very popular in Hong Kong, and there are no competitors. There are a total of 250 million people in Hong Kong. On average, each person consumes about 3 bags a year, and the price is only 4 cents.

At the beginning, the price was set at 4 cents to consider the consumption level in Hong Kong. This price is the current price in the Japanese instant noodle market.In the past, Nissin ramen was about 5.6 cents (equivalent to Hong Kong dollars).

The price of 4 cents is acceptable to Hong Kong people as long as they have a job.

"Food safety is very important, Manager Chen, you must manage the production workshop well and strictly demand everyone." Lin Zhichao, wearing a white coat and a certain hat, urged.

It’s like Lin Zhichao has been telling ships to pay special attention to weather changes, and the waterway cannot be changed easily, so as not to lose millions of dollars in one oil leak (the insurance company will bear it, but if it exceeds, it will pay for itself).

Chen Ping said seriously: "Don't worry, the boss, we have always adhered to the 4S management, food safety management and other systems, and strictly demanded every worker."

Lin Zhichao nodded. The original Changjiang Industrial Group had a department that specialized in the research of enterprise management systems. The 5S management system is currently unrealistic, and even the Japanese only pay attention to the first two items of '5S management'.

Although Doll Noodles is separated from Cheung Kong Industrial Group, the management is trained by Cheung Kong Industrial Group. The management level is very high and the quality is also very good.

"The research and development of pork bone noodles will not be completed for a while, and the doll noodles only need to maintain the market development in Hong Kong and Sing Tao. Therefore, I plan to add more burdens to you!" Lin Zhichao said with a smile.

He can be regarded as the pinnacle of "knowing and employing people". Many general managers and senior management of subsidiaries were promoted by Lin Zhichao from the middle and low-level cadres of the company, and he was promoted personally.In Lin Zhichao's mind, there are probably hundreds of talents' information, these talents have been filtered, and Lin Zhichao will pay attention to them.

Chen Ping immediately said: "Boss, you arrange it, and I will do it well, so as not to affect the management and sales of doll noodles!"

In his heart, the boss is a very charming person with strong leadership skills, compassionate to the staff, and a strong vision!
Working with such a boss is always full of passion and drive.

Lin Zhichao nodded and said, "I want to develop a functional drink that can refresh truck drivers and overtime white-collar workers. I will discuss the details later. Therefore, I will promote you as the general manager of 'Changhong Beverage and Food' and prepare a 'functional drink'." Beverages' research and development team, remember to have a professional team and talents engaged in pharmaceuticals."

He was talking about Red Bull, but Lin Zhichao only knows that there are four kinds of admiration: caffeine, taurine, vitamins, and inositol, and there are even many kinds of vitamins.

Of course, as long as the team is established, the 'original formula' can be developed in three to five years, and it can also be adjusted when it is sold later.

Chen Ping asked: "The refreshment drink, with or without steam?"

Lin Zhichao said with a smile: "These are secondary and will be changed according to the laws of each country or the taste. The important thing is that we spend a long time and energy to create the original recipe. Refreshing is the key. Generally speaking, coffee Because, amino acids (taurine is also an amino acid) and so on, they should all be refreshing!"

Chen Ping said: "Okay, I will start to form this research and development team!"

Lin Zhichao said: "Well, don't be afraid to spend money. Every product that is successfully developed will earn thousands and thousands of times the cost of research and development."

The implication is that even overseas talents can be recruited to Hong Kong if necessary.

"Okay, I understand."

Of course, Chen Ping knew that as a former member of the Cheung Kong Industrial Group, how many innovative products and technologies were born in Hong Kong, which impressed the world.

Afterwards, Lin Zhichao and his wife left.

After the establishment of Changhong Food and Beverage Company, it will be included under the Cheung Kong Industrial Group.

For the Red Bull product, the research and development cycle may be ten years, the promotion cycle may be another ten years, and it may take another ten years to go global, so there is no rush at all.

In late October, Lin Zhichao came to New York.

He now spends more than three months a year abroad, and his main job is to meet with politicians and businessmen from various countries.If you want to be a global businessman, you cannot stay away from politics, and of course you must stay away from mainland politics.

Therefore, Lin Zhichao knows politicians in many countries. For example, this year he built six oil tankers and two 1.2-ton "Capauchi" cargo ships in Japan, and also built a [-]-ton oil tanker and a A [-]-ton freighter and met with the French President.

Although European ships are more expensive, they are slightly better than Japanese ships in terms of performance and functions.More importantly, Lin Zhichao needs to develop contacts, because he also wants to do other people's business, so he needs to reciprocate.

After Lin Zhichao arrived in New York, at a gathering with McLean, the founder of Sea-Land Transport, he said to Lin Zhichao: "Mr. Lin, Onassis is also in New York. You are both engaged in shipping, why don't you get to know each other?"

Lin Zhichao agreed, and it's good to meet him, after all, McLean has introduced him, so it's a bit embarrassing not to see him.

McLean said happily: "Okay, I'll set you up for a meeting!"

The reason why he likes Lin Zhichao is very simple, that is, Lin Zhichao is as optimistic about container transportation as he is.

The two dined in a high-end hotel and drank red wine, as if they had become friends.

During the period, Lin Zhichao also said: "Mr. McClain, do you know John Kennedy?"

McClain smiled and said, "Lin, are you interested in American politics?"

Lin Zhichao shook his head, but said with a smile: "I'm just interested in the future president of the United States!"

McClain was immediately surprised and said, "Why didn't Kennedy announce his candidacy?"

Lin Zhichao said: "This is his strategy. If he announces now, then he will be under a lot of pressure. If Mr. McClain wants to play the 'betting game', you can try it with me. If we win, maybe It can let the world see the potential of container shipping in advance.”

McClain asked, "Even if it's the president, he can't interfere, right?"

Lin Zhichao drew on the table and explained: "This is Vietnam, maybe a powder keg; this is Hong Kong, and it may become a US military base. If it is shipped by container"

He didn't say much, because the idea was a bit wild, and the Americans hadn't sent special forces into Vietnam yet!
McLean said in surprise: "It is indeed a possible situation, Mr. Lin, your vision is really long-term. But I am curious, container shipping will become a trend in the future, will you mainly operate oil tankers or container ships? "

Lin Zhichao smiled and said: "Oil tankers are the mainstay, container ships are supplementary, and they will also enter the dock area. Mr. McLean, you are not worried that I will become your opponent?"

McClain responded: "No, we're not in the same region after all!"

The pair then formed an alliance, intending to find a way to join 'John F. Kennedy's' support team.As for why McClain also chose John Kennedy, who was not obvious at this time, he was completely betting on it.

You must know that the Democratic Party’s primary election has not yet started. Usually, several Democratic Party senators will compete. It will be in the primary election from March to June next year, but the announcement and preparation will usually start early next year. , canvassing.

So John F. Kennedy in this era is just an inconspicuous one. The American president always needs financial aid. Lin Zhichao relied on McClain to participate, and maybe he could show his face.

Of course, Lin Zhichao will definitely not get involved too deeply, anyway, Kennedy will not last a few years.

(End of this chapter)