The Birth of the Hong Kong Island Family.

Lin Zhichao came to the Yangtze River Industry Group and went to Midea Electric Appliances by the way.

Xu Shaoan, the general manager of "Boss", happened to be in the factory, and he came forward to greet him.

Lin Zhichao nodded, looking at the busy assembly workers, he was still in a good mood.Assembling radios and electric fans is only his 'first pass' in the electronics field, so it is also considered as an introductory training, which is very important.

"How's the sale going?"

Xu Shaoan immediately said: "Americans are very fond of Midea radios with 'high quality and low price', and orders have been growing steadily."

‘美的’牌收音机出厂价是22美金，运到美国的成本也不过24美金，所以市场价在30~32美金；这样的价格，比索尼的价格便宜了6~8美金。

And Sony is not a well-known brand now, and the radio does not need to buy famous brands, the quality is absolutely the same, because the core components inside are all produced in Japan.

Lin Zhichao said, "Yes. How many radio factories are there in Hong Kong?"

Xu Shaoan said: "It should be five. But the other four are all cooperating with Japanese companies and have not developed their own brands. For example, Ding Houzhao of Kaida Industrial Co., Ltd. is cooperating with Japan's Sanyo Electric to produce radios."

Ding Houzhao is also a leader in the plastic industry, toy industry, plastic flower industry, and battery industry. He is an early pioneer of Hong Kong industry and has contributed a lot. No battery manufacturer can defeat 'Dauntless'.

When Ding Houzhao came to Hong Kong in 1948, he borrowed 300 million Hong Kong dollars from the bank to develop industries such as plastics and ice making. At that time, Lin Zhichao only invested hundreds of thousands in industries.

Of course, in the later period, Lin Zhichao quickly completed the overtake by relying on the zipper industry; by the time Changjiang Industry was engaged in plastics, its strength had already been reversed.

Today, almost all of Kaida's products are in competition with Cheung Kong Industries, such as 'motor toys', 'wind-up toys', 'plastic flowers', etc., and almost all of them crash into cars.

In toy products such as motor toys and wind-up toys, Kaida Industry is not inferior to Changjiang Industry.As for the Changjiang Toy Factory, 90% of its output value now comes from 'Barbie dolls'.

Lin Zhichao said: "What products does Sanyo Electric sell in Hong Kong?"

Xu Shaoan said: "Floor fans of various sizes, particle radios, portable radios, table radios, rice cookers, that's all. The boss of Sanyo Electric is the brother-in-law of the boss of Panasonic Electric. Production of arms), so with the help of his brother-in-law Konosuke Matsushita, the bicycle light business was handed over to him, and Sanyo Electric was developed.”

Lin Zhichao heard the words and said: "It's very smart! Without him as a scapegoat, Konosuke Matsushita would not be able to return to Matsushita to take power."

Back then, the Americans had an absolute right to speak to Japanese companies, and cleared the chaebol forces inside, eradicated the family power of the companies, and then handed them over to the Japanese.It is said that Konosuke Matsushita returned to power under Matsushita.

Then, Lin Zhichao asked: "Where is Hu Xiaoqing still working with Sony?"

Xu Shaoan nodded and said, "Yes, we are cooperating with Sony. The monthly output is about 4000 units, and then they are sent to Commonwealth countries."

It's not worth mentioning, and I don't know good and bad, Lin Zhichao thought so.

Now that he has entered this industry, how can Hu Xiaoqing still become the overlord of Hong Kong radio.

After chatting for a while, Lin Zhichao encouraged Xu Shaoan to prepare for the production of electric fans while developing the radio business.

the other side.

Hu Xiaoqing was in trouble, and Sony formally informed him this month that the cooperation was terminated because Sony had established a factory in Ireland.

The reason why Sony is looking for someone to cooperate in Hong Kong is because of Hong Kong's "Commonwealth" status, which allows products to be sold to Commonwealth countries with low taxes; while the United Kingdom, Canada and other Commonwealth countries impose heavy taxes on Japanese radios in order to protect their own industries. .

Today, Sony has established a factory in Ireland without those problems.

"I didn't expect Midea to start making electrical appliances. I heard that more than 4000 units can be shipped to the United States every month!" Hu Xiaoqing suddenly felt a little regretful.

He cooperated with Sony to manufacture more than 20 radios for two years, with a profit of only 8 Hong Kong dollars each, and a total profit of 160 million;

In fact, he didn't make much money!
The reason why he rejected Lin Zhichao's cooperation invitation at the beginning was because he was worried that he would offend Sony, and he would not even be able to keep his profits;

Of the 60 funds, he spent a lot on his family, so he only had less than 50 Hong Kong dollars.

"Must get a loan and start my own brand of radios right away!"

"It's a pity that Midea is one step ahead. I originally valued the US market the most, but now I can only get a share of it."

The United States has the largest market. With the growth of a large number of newborns after the war, American humans are extremely young, with an average age of only 29 years old.

The lower the average age, the higher the consumption power of the society.

The next day.

Hu Xiaoqing found James, the bank manager of Citicorp who had a relationship with him, and told him why.

James thought about it, and then said: "Your idea is very good, and you have two years of experience. I think this project is very feasible. How much do you plan to borrow?"

Hu Xiaoqing quickly said: "We need to borrow 60 Hong Kong dollars, and the principal and interest will be repaid in three years."

James nodded and said: "As far as I know, there is already a radio brand in Hong Kong that has exported to the United States and has achieved success, but behind this brand is a big consortium. But the market in the United States is huge, and radios assembled in Hong Kong are very popular. advantage, you also have a great opportunity."

Hu Xiaoqing said: "Manager James can rest assured that although the Midea Electric Appliances you mentioned are rich and powerful, they have been in the industry for less than a year. I have been in this industry for more than ten years and am familiar with production and sales. I will definitely be able to repay your loan."

James thought, no more doubts, agreed to the loan.

Hu Xiaoqing, who got the loan, was full of passion in his heart. He was not afraid of Lin Zhichao's wealth, and he wanted to defeat Lin Zhichao in the field of radio.

On Friday, April 1960, 4, Yi broke ground.

On the site of No. 80 Deep Water Bay, there were offerings and firecrackers hung up, and Feng Shui masters were busy on the spot.

Hong Kong people believe in this, and Lin Zhichao is no exception. All the properties under his banner have been seen by Feng Shui masters.But the management around Lin Zhichao knows that the boss's so-called belief in Fengshui masters is not really "belief".

For example, if the feng shui master and Lin Zhichao have different opinions, then Lin Zhichao will order the feng shui master to make changes and try to make changes; if the changes are still not satisfactory, Lin Zhichao will fire the feng shui master and hire another feng shui master Until Lin Zhichao was satisfied.

In Lin Zhichao's own words - it is these people who cater to the powerful, not the powerful to cater to these people.

If Lin Zhichao often sees "dazzling" places for the sake of Fengshui, which makes him feel unhappy all the time, then he thinks that Fengshui is fake.It's not that he doesn't believe in feng shui at all, but he hopes to achieve a balance.

Deep Water Bay No. 80 has a relatively large land area of ​​1.6 square feet, so the outdoor swimming pool, lawn, and villas are all separated, and are not located above a large podium.

Moreover, No. 80 Deep Water Bay is about 50 meters away from 'Deep Water Bay Road', so the private road is very long. In this way, it is more private, and outsiders can hardly see anything. This villa is secluded with lush trees among.

The reason why No. 79 Deep Water Bay built a tall podium is that the site area is 1.2 square feet smaller, and the second is that it is relatively close to Deep Water Bay Road. Building a podium can avoid the sight of pedestrians passing by Deep Water Bay Road, because High!
"Lin Sheng, the auspicious time has come, please!" Chen Lang, a Sichuan feng shui master, came to Lin Zhichao and said gracefully.

It is said that he was born in a Taoist temple in Shuchuan, but he is not very famous at present, but he is very famous in later generations.

Lin Zhichao did not have a feng shui master for the queen, they were all found for him by his subordinates, and his subordinates knew Lin Zhichao's character, so several good feng shui masters were used in turn, so as not to be rumored that the boss cultivated these people or praised them.

Lin Zhichao nodded, and then began some operations, offering incense, pouring wine, and worshiping the gods. Finally, firecrackers were remembered, lions and dragons were danced, gongs and drums were beaten, and the construction team was announced to be stationed.

Not many guests came, they were all relatives and executives of Lin Zhichao, not even friends.And the only relatives are Tang Zhongyuan, Lin Yunchu, and Li Gaofu.

Everyone was chatting and having fun, Chen Lang, who hadn't left yet, came to Lin Zhichao and said, "Mr. Lin, I have a question to ask!"

Lin Zhichao said politely: "Master Chen, please tell me!"

Everyone became curious, because they were all close to Lin Zhichao, and they were not worried about spreading the news, so everyone watched the excitement.

Chen Lang thought in his heart that if Lin Zhichao's No. 1 business in Hong Kong can be admired by him, it will naturally benefit his reputation in the feng shui circle.

So, he immediately said jokingly: "Mr. Lin, how much wealth do you want to have in the future, is it enough?"

His idea is that if Lin Zhichao is modest, he will use "your wealth is not only full, but also overflowing." ' to respond.

In this way, he will retain the trust and admiration of Mei Tan and Lin Zhichao!
Just as Chen Lang was looking forward to it, others were also looking forward to it.

However, Lin Zhichao exuded a righteous and elegant temperament, and said with a light smile: "Wealth has never been my pursuit! What I pursue is-to become a world-class outstanding entrepreneur, to give back to the society, and to take on greater social responsibility. responsibility."

Chen Lang immediately swallowed the words in his mouth, and smiled unnaturally: "Mr. Lin's wealth will naturally overflow!"

Words have changed taste, and masters have become vulgar.

In the confrontation between the two, Chen Lang, who is elegant and strong, has become full of vulgarity; on the contrary, Lin Zhichao, who should have been full of the smell of copper, has become righteous and elegant, and his elegant temperament is clear at a glance.

However, Lin Zhichao did not continue to be serious, and dealt with a few words;

Chen Lang also knew Lin Zhichao's style of doing things, so he offered to leave.

Lin Zhichao did not lie, he will indeed work hard to give back to the society, which is his promise to get the first pot of gold.

What he hopes to do most is that in the 90s and [-]s, when the country was really difficult, he would do a lot of charity to his compatriots, because that was the time when they were most needed.

As for leaving infamy in the future, or being criticized by netizens, he doesn't care at all!It's impossible for him, a businessman with a high reputation in the world, to care about the thoughts of a group of low-educated, poorly-lived lower-class people. Obviously, this is the biggest joke.

To be honest, as someone who has experienced it, Lin Zhichao will never go online in the mainland in the future.

In the restaurant of the Hong Kong Club, Lin Zhichao and Xiao Maden sat drinking coffee together.

Back then, although some unpleasant things happened between Lin Zhichao and Lao Maden, they did not become enemies; more importantly, Wheelock was not an asset that Lin Zhichao coveted, so there was no need to worry about it.

So later, Lin Zhichao and old Madden had a lot of communication. They can't be called good friends, but they can be regarded as friends.

"How is your father?"

"Very good, he enjoys his time in retirement, usually playing golf, going to some friends' gatherings, watching horse races."

Lin Zhichao nodded and said, "It's because you are in charge of Wheelock, so he no longer has to worry about the family business."

Little Madden said with a smile: "Mr. Lin is over the award! My father once said that if you want to do business with the Chinese in Hong Kong, you must do business with you. You are the representative of business."

Lin Zhichao is humble, he is actually three years younger than Little Madden.

Little Madden was officially the chairman of Wheelock last year. Only one year has passed, and it can be seen that Little Madden is much more aggressive than his father.

The main performance is to shrink the overseas front and increase investment in Hong Kong. For example, the recent listing of "Towngas" has little Madden as the chairman of its board of directors.

Of course, Towngas is not considered an industry under Wheelock, it is more like a public listed company, and was later succeeded by Li Mingze as the chairman of the board of directors. It has never had a strong family color.

To put it bluntly, before Lee Shau Kee took over in his previous life, a famous person served as the chairman of the board of directors, but his shareholding was not high, and he might not even be a major shareholder.

"You invited me this time, you are not here to praise me, are you?" Lin Zhichao said with a smile.

Doing business in partnership is generally not what Lin Zhichao likes. It's not that he wants to dominate the family, but that business partnerships are prone to conflicts; they were friends at first, but in the end they couldn't even be friends.

Of course, it also depends on the specific matter. If it is a real estate project, this kind of temporary cooperation is still possible.

Little Madden said: "It's like this. I want to strengthen investment in Hong Kong. I'm a little nervous, so I want to sell 15% of the shares of 'Asia Shipping'. If Mr. Lin buys it, I will invite you to be the director of Asia Shipping. I also look forward to working with you.”

This kind of cooperation is quite normal. Introducing a friend into the company as a director can be regarded as a real partnership in business.

But under normal circumstances, Lin Zhichao does not want to serve as a director of other companies, except HSBC.

Lin Zhichao said: "What is the current situation of Asian shipping?"

After Xiao Ma Deng gave a brief introduction, Lin Zhichao probably knew it well.

This is a shipping company listed in 1956. It currently has 15 ships with a total of 12 tons. There are also some agency ships and other agency businesses, with a market value of more than 7000 million Hong Kong dollars.

If this is the case, Lin Zhichao naturally dismissed it, but he learned from Ma Deng's tone that the chairman of Wheelock planned to reduce investment in shipping and invest in other industries in Hong Kong.

In his previous life, Little Madden gradually transferred Asia Shipping to Bao Yugang, allowing Bao Yugang to obtain a listed company for nothing; originally this company was of little use, but in the final acquisition of Wharf, it shined brilliantly and was regarded as a Against the existence of legal risks.

Little Madden's investment style is "great success", which is better than his father's old Madden. He doesn't care how many shares he holds, but he cares about the size of the industry under his name.

Therefore, during the period from 1959 to 1967, Little Madden did not concentrate on the development of shipping, but on the development of local industries in Hong Kong—real estate, retail, trade, etc.Therefore, before the Suez Canal crisis (1967), the size of the fleet was not large, and in the final peak period, the load capacity was less than 150 million tons, which missed the shipping industry.

"Okay, I'll go back and study it, and I'll give you an answer." Lin Zhichao agreed easily.

15% of the shares, which is more than 1000 million, can buy a listed company director Dangdang; after a while, Ma Deng is short of money, and maybe he will continue to sell it to him. Slowly, Asia Shipping will belong to Lin Zhichao.

An empty shell listed company is also worth a lot of money!
It is more difficult for Chinese companies to go public now, because Hong Kong will be a British-led exchange.

What's more, if Lin Zhichao has a listed company, it will play a great role!
Little Madden said happily: "Okay, I'll wait for your message."

He is very happy to cooperate with Lin Zhichao to restore the relationship between his father and Lin Zhichao. After all, Lin Zhichao's strength is not weaker than that of the British-owned foreign companies-Jardines and Swire.

(PS: No one knows Lin Zhichao’s true strength; in the eyes of business people, the net worth is probably less than half; in the eyes of ordinary citizens, it is only one-tenth of the calculation. After all, there is no listing, and no data is released.)
On the way back, Lin Zhichao was still thinking about 'Asia Shipping'.

If Little Madden needs a lot of money to invest, it is estimated that within a year or two, Lin Zhichao will hold more than 40% of the shares and become the real major shareholder.

He needs to make good use of the only listed company in his hand, so he can take advantage of the opportunity to issue new shares several times from 1962 to 1964 to raise funds to build new ships.

In this way, it can not only continue to dilute the shares of other major shareholders, but also use the public's funds to develop ships, and then make a lot of money during the Suez Canal crisis in 1967.And stocks can take advantage of the sharp drop and continue to increase their holdings until they reach 70-75%.

To put it bluntly, it is to enter the securities market in advance for an internship and play a little, so as to facilitate future operations. (end of this chapter)