The Birth of the Hong Kong Island Family.
Chapter 319 [Captive Superman]
A New Year Comes (1966).
After New Year's Day, Lin Zhichao brought Huang Changhong, Li Paulo and other management personnel from the construction field to the naval dockyard.
This piece of land is indeed very large, but planning it is difficult because the Hong Kong government also has requirements and planning for roads.Therefore, the communication time between the two parties may take several years. Fortunately, Lin Zhichao originally planned to delay it for a few years.
Hong Kong's economic boom took place in the 70s, and it can only be said that a solid foundation was laid in the 60s and 15s. Therefore, the construction time of the entire naval dockyard is set at 20 to [-] years.
"This land (the former Far East Financial Center) is to be built with a five-star luxury hotel, designed in the shape of a sailboat. Instead of using steel beams as the entire structure, the cost is too expensive, the top of the building is designed in the shape of a curved sail. That’s it.” Lin Zhichao transformed into a professional designer and commanded.
At this time, a cooperative architectural designer has not yet been found. Lin Zhichao plans to invite world-renowned designers to cooperate through bidding; of course, Lin Zhichao will give a general framework.
Huang Changhong looked at the land and reminded: "Boss, a small road should be left in the east-west direction. This is what the Hong Kong Government Planning Department means!"
Lin Zhichao nodded and said: "I know! Therefore, there is no hope of merging these two pieces of land (Far East Financial Center and Lippo Building), but the road can be moved diagonally to the south, and the north and south roads here can also be moved to the northeast. By reserving about 4 square feet for the Burj Al Arab Hotel, the Hong Kong government’s road requirements can be easily met.”
Huang Changhong, Li Paul and others all agreed. In this way, a first-class hotel building can definitely be built with 4 square feet.
What is the concept of 4 square feet of land?
Take the skyscrapers of later generations in Hong Kong as an example. Almost none of them exceed 2 square feet per floor, and most of them only have 1 or more square feet per floor.
"In this way, this hotel can be built about 50 stories high, with each floor covering an area of 1.5 to 1.8 square feet. A two- or three-story annex building will be built next to it to serve as a hotel lobby and restaurant."
In fact, the Far East Financial Center in its previous life was expanded and raised, occupying part of the land area of 'Lippo Center Tower AB', but not much in fact. The main thing is to expand the whole to the east, and this part of the naval dock land belongs to An elongated site running from east to west.
"What about this side?" Huang Changhong pointed to the land of Lippo Center in his previous life.
Lin Zhichao looked at it and remembered that in his previous life, Tower AB (Twin Towers) of Lippo Center was rated as the 24th ugliest building in the United States. He thought that it would be better to leave it alone; it was too modern, and to put it bluntly, it was too stiff.
"The floor space of this site has actually been transferred to the Burj Al Arab Hotel, but an office building can still be built. The height can reach more than 40 floors, the shape can be rectangular, and the property area is almost over 1.2 square feet per floor."
In fact, the "floor area" of Lippo Center Tower AB and Far East Financial Center in the previous life was swapped; the total floor area of the Lippo Center Twin Towers in the previous life was almost 88 square feet, and that of Far East Center was 48 square feet.
The Burj Al Arab Hotel is approximately over 80 square feet. It is a first-class and beautiful place on the seaside in Admiralty, Central. If Lin Zhichao succeeds in building the Navy Dockyard, the value of the entire location will be equal to or even higher than that of all the buildings in the heart of Landmark.
Of course, the price must also be very high. It is estimated that the construction cost will be more than 20 billion. This is still the 70s.
"The boss's design is very beautiful! It not only highlights the nobility of Burj Al Arab Hotel, but also does not waste the land behind it. In this way, the prominent location on Cotton Rouge Road and Connaught Road will become the most beautiful landmark building." Huang Changhong Said excitedly.
This conspicuous location is actually very close to Landmark in the heart of Central. It is about the same distance from a building, Chater Garden and the Court of Final Appeal.
The opposite side is watching with eager eyes!
Next, everyone moved towards the east.
In fact, it is quite easy to plan. Taking into account economic interests, this area is actually the area of five buildings (six in the previous life, the Twin Towers count as two) and a shopping mall (Admiralty Gallery). Of course, this area The remaining half has not been developed, but it is close to Wan Chai, so Lin Zhichao plans to reserve it, part of it will be used as Harcourt Gardens, and part of it will be sold to the Hong Kong government to be used as the JC headquarters.
Now that Lin Zhichao has come to design, apart from the replacement of Lippo Center by the Burj Al Arab Hotel (the location has also been reversed), there are not many other changes.
"On the seaside side, two more first-class office buildings will be built; on the south side, a four-story shopping mall and a first-class office building will be built, and the two buildings will be connected (land-type plazas). The planning here is almost complete "Don't worry about the open space over there for now." Lin Zhichao explained the outline of the plan while making gestures.
Five buildings (including hotel buildings) and one shopping mall are the general plan of this area.
At the same time, it seems that the position of the exit of the Admiralty subway station in the previous life has been occupied.But don't worry about the 80s, because the Admiralty MTR Station can be located in the reserved space here, or next to the shopping center.
The entrance of the subway station does not need to be big at all, but the development rights of the property above the Admiralty of the Hong Kong MTR have been lost.The Naval Dockyard is almost the entire Admiralty, so the MTR Corporation can only choose to export on the site of Cheung Kong Holdings.
"What about the large shopping mall in the south?"
Lin Zhichao then elaborated on the idea of later Pacific Place, which is roughly two bases (shopping malls) connected from the underground level to form a huge shopping mall; on the two bases, there are two skyscrapers and four skyscrapers. Two of the buildings include a five-star luxury hotel and high-end apartments with hotel-style services, while the other two buildings are office buildings.
"This site will be roughly planned first, and the actual construction will probably take place in the late 70s. After the construction there is completed, we will start work here."
"it is good"
It was a design sketch at the beginning, and it is actually repeated today, but in more detail.This year we will invite bids for a team of architectural designers, and Cheung Kong’s ideas are key.
The past year (1965) was relatively unfriendly for the Yangtze River Industries Group.Changjiang Plastic Factory 'closed', Changjiang Wig Factory 'closed', zipper and steel profits fell, only Changjiang Toy Factory bucked the trend and grew.
in the conference room.
Lin Zhichao still held annual meetings with senior executives. His expression was not sad and he faced it very calmly.
Last year, the Yangtze River Industrial Group made a profit of HK$9600 million. After disposing of its expenses, the balance was HK$8000 million.
The cash flow of Yangtze River Industry has reached 4 million Hong Kong dollars; he still did not choose to use it, but deposited it in major banks to earn interest.
Because the U.S. stock market had already risen a lot at this time, Lin Zhichao was worried that he would not make much money if he entered it, and there might be a short-term decline this year.
After all, Lin Zhichao only knows long-term investment, and now he only has two years before he is ready to cash out.
Stability is very important!
"The 70s must be the beginning of glory for the zipper industry! Therefore, if short-term profits decline, you don't need to consider it. The important thing is that we strengthen technology research and development and quality assurance. In the new year, we can increase research and development in Europe, America, and Asia. With the investment from the Ministry of Industry and Information Technology, I will increase the proportion of investment in R&D and quality to 25% of profits."
To be honest, Lin Zhichao is very satisfied with Yangtze Zipper, which has made him a lot of money over the years.This alone puts Hong Kong industrialists to shame, because no outside factory can surpass it in terms of profits.
Yangtze Zipper is still one of the biggest competitors of YKK Zipper. YKK Zipper has lost the opportunity to defeat Yangtze Zipper. In the future, Yangtze Zipper may not be able to catch up with YKK Zipper.
At this time, Yangtze Zipper had factories in Southeast Asia and Europe, three R&D headquarters in Europe, America and Asia, and companies with equity interests in Taiwan and Germany.In short, a huge industrial chain has been formed.
Veteran Bao Chunlai quickly replied: "Okay, I will definitely come up with a plan and submit it to the group for review. Our Yangtze Zipper has long-term investment in research and development and equipment, and there is not much difference with our rival YKK Zipper. We will definitely have the opportunity to catch up in the future."
Yangtze Zipper invests 20% of its profits in technology research and development and equipment replacement every year to ensure that the quality will never lag behind YKK zippers.
In the previous life, YKK zippers accounted for 80% of the zipper market in China. It was not that Chinese zipper companies could not conquer the technology, but that people were unwilling to invest. However, YKK zippers have long insisted on investing funds in technology research and development and equipment replacement. They only used sewing machines for two years. One year, this is the pursuit of quality.
The reason why YKK zipper came from behind and surpassed the Yangtze River zipper is because the Japanese market is huge and the American market intends to take care of Japan; otherwise, the two sides will not be able to reverse their strength.
In fact, in terms of accumulation of technology, Yangtze Zipper is even better.
Lin Zhichao said: "In the 70s, Hong Kong's garment industry will surely become the number one in the world, and our zippers will definitely have the opportunity to catch up. Especially on the zippers of jeans, we must strengthen technology and quality research and development." We must give it to our subordinates. Set goals and give them a boost.
Of course, Lin Zhichao is right. With the development of Hong Kong's garment industry, Yangtze River Zipper will also benefit.At present, Yangtze River zippers have a small share in Japan, but YKK zippers cannot squeeze into Hong Kong.
Bao Chunlai said: "Well, the fashion trend of jeans is obvious. We can invest in copper mines and increase the production of copper smelting."
As the general manager of Yangtze Zipper, he is naturally very familiar with the industrial chain. He single-handedly facilitated his decision to invest in a nylon factory in Taiwan and start branches overseas.Of course, general manager Wang Liang will also be involved. On the contrary, Lin Zhichao has always been 'talking on paper' and has not worried about these things.
Yangtze River Industrial Group has formed a true group management, and Lin Zhichao does not need to do many things himself.
Lin Zhichao is also very interested in investing in copper mines. At the smelting base in Tseung Kwan O, Cheung Kong Industries can smelt steel and copper by itself. It is a heavy industrial enterprise in Hong Kong.
"Okay, investing in copper mines is feasible. You can go to South America to look for opportunities. Deputy General Manager Wang, you have to take the lead."
As the deputy general manager of the group, Wang Liang is actually Lin Zhichao's spokesperson.
"Okay, I'll discuss this with everyone later."
then.
Lin Zhichao talked about Yangtze Toy Factory: "The development of Yangtze Toys is undoubtedly very smooth, but this is due to our cooperative relationship with Audrey Toys Company. Remember to ensure quality. Next, we can appropriately strengthen OEM for other European and American factories. business, and open branches of the 'Bond Toys' brand in Taiwan and Southeast Asia."
In a previous life, Hong Kong's toy exports surpassed Japan's in the 70s. It is said that on the day the news was announced, a Japanese toy factory owner committed suicide.
In this life, Yangtze Toys has taken away the OEM of Barbie dolls, which has actually greatly weakened Japanese toys.
Moreover, Lin Zhichao planned to use the name of Audrey Toys Company in the 70s to plan the "adoption system" of cabbage dolls; at that time, Cheung Kong will also manufacture cabbage dolls, and the profits will increase.At the same time, Lin Zhichao plans to develop the comic industry, create Hong Kong IP, and promote Hong Kong's patented toys.
Ke Yanping nodded seriously and said: "Yes, boss. We can open a branch in Taiwan. We have one branch in Singapore, and we can also open a second branch. There is absolutely no problem with the quality of the OEM. We have always adhered to excellent management. System and quality control.”
Lin Zhichao smiled and said: "I feel relieved now!"
In the past, officials from the U.S. Department of Commerce wanted Audrey Toy Company to OEM part of its products in Japan, but Ritchie naturally rejected it. The first was that the two parties had cooperated for many years without any problems. The second was that Ritchie knew that if he dared to do this, , the boss Audrey had to fire him the next day.
The real power of Audrey Toy Company is still in the hands of the founder, who owns 51% of the shares; and there is also 9% of the shares in the hands of the second shareholder Changjiang Toys.
Of course, in recent years, U.S. Department of Commerce officials no longer have that idea. After all, the Japanese economy no longer needs support.
The most important thing is that the United States has completely changed its thinking about Hong Kong in the late 50s; Hong Kong in the 60s has even become a logistics base for the US military. Wanchai is also a rest base for American soldiers, and Americans are also using Hong Kong.
Because of this, most of Hong Kong's industrial products are now exported to the United States.
Lin Zhichao also summarized other Midea Electric Appliances and Zhongtian Steel, but did not emphasize too much.
As for wigs and plastic flowers, there are currently only some agency businesses and high-end product businesses left, so don't bother with them.
At present, zippers and toys are still the pillar industries of Yangtze River Industry Group.
The closure of the Yangtze Plastics Factory is not really a collapse!If he persisted, he would be able to survive for at least a year; but Lin Zhichao did not want to fire workers anymore, as he was worried that he would be hostile and provoke conflicts.
Therefore, Lin Zhichao could only support 1500 people, so he simply canceled the production of plastic flowers. Many of these workers were introduced to cooperative companies, but their salaries were reduced a lot, and many were immediately unemployed. Of course, the Yangtze River Toy Factory also took over some of them.
The Changjiang Plastic Factory still exists, mainly acting as an agent for Hong Kong plastic flower products and selling them to European and American wholesalers; in this way, it still makes more than 200 million yuan in profits every year.
At the same time, Hong Kong's plastic flowers are not in crisis. There are still more than 1000 factories; this is because small factories can easily survive and large factories can easily go bankrupt.
For example, the factory of the Jewish brothers in the previous life also went bankrupt in 1966 and sold the factory to others.
Large factories have better wages, because if they are not careful, they can easily cause strikes, so when the industry goes downhill, they are the first to 'go bankrupt'.
Plastic flower factories can generally transform to produce toys, which is similar.
Changhe Plastic Factory.
Li Jiacheng finished calculating last year's accounts in the office, showing a little joy.
Originally, he thought profits would fall a lot, but he didn't expect that the profits including the factory rent would be HK$120 million in total. You know, the factory rent was also lowered last year, and the plastic flower market was very difficult. Logically speaking, even 100 million won't necessarily make a profit. get.
"Thanks to the Changjiang Plastic Factory for entrusting a lot of business to our factory, this will cost almost 30 Hong Kong dollars in OEM fees!" Li Jiacheng suddenly showed a grateful look.
It turned out that the Changjiang Plastic Factory distributed at least HK$300 million in profits from processing fees for plastic flowers. Lin Yunchu's factory got a larger share, about 20%, and Li Jiacheng also shared 10%, while the rest went to fellow Shunde residents.
It was assigned to Li Jiacheng because Lin Zhichao planned to support him. After all, Li Jiacheng could not be his competitor now, and the quality of Li Jiacheng's factory was guaranteed.
"In this way, I have about 300 million Hong Kong dollars in capital. Now the factory land in Kwun Tong only costs 40 to 50 Hong Kong dollars. I want to invest in another factory building." Li Jiacheng thought about the problem.
Today, investing in a factory building may only cost a little over 200 million.Li Jiacheng is still optimistic about Hong Kong real estate and plans to invest in another industrial building.
Real estate fell, he felt it was an opportunity!
Li Jiacheng has also laid out his future plans, which is to enter the real estate industry.Although his capital is expected to be only 100 million after the construction of two industrial buildings, after all, the factories and buildings can still bring him stable profits.
Although he has predicted that plastic flowers will no longer be popular, his plastic factory is still producing toys and other plastic products.
Generally speaking, it can provide him with a steady stream of profits.
In fact, Lin Zhichao has also been paying attention to Li Jiacheng. When he learned about the size of Li Jiacheng's factory, he could calculate the profit. After all, they were all in the same industry.
According to Lin Zhichao's idea, as of 1967, Li Jiacheng had at most two factory buildings and 1 to 2 small sites; with such a scale developed by 1972, it would be good to be listed on the market.
Moreover, in the 70s, Lin Zhichao would seize opportunities from his previous life, such as the China Bank Building, Macao Company (Hilton Hotel), Saixi Lake, etc., so he had no worries about his growth.
Lin Zhichao is like raising Li Jiacheng in captivity, allowing him to develop, but he will control it and cannot affect his layout.
This time, I entrusted him with a lot of plastic flower OEM work, and I hope that he will not fall into despair and will not be seen among the top ten real estate developers in the future. Undoubtedly, that kind of Hong Kong is not what Lin Zhichao wants to see. (End of chapter)
After New Year's Day, Lin Zhichao brought Huang Changhong, Li Paulo and other management personnel from the construction field to the naval dockyard.
This piece of land is indeed very large, but planning it is difficult because the Hong Kong government also has requirements and planning for roads.Therefore, the communication time between the two parties may take several years. Fortunately, Lin Zhichao originally planned to delay it for a few years.
Hong Kong's economic boom took place in the 70s, and it can only be said that a solid foundation was laid in the 60s and 15s. Therefore, the construction time of the entire naval dockyard is set at 20 to [-] years.
"This land (the former Far East Financial Center) is to be built with a five-star luxury hotel, designed in the shape of a sailboat. Instead of using steel beams as the entire structure, the cost is too expensive, the top of the building is designed in the shape of a curved sail. That’s it.” Lin Zhichao transformed into a professional designer and commanded.
At this time, a cooperative architectural designer has not yet been found. Lin Zhichao plans to invite world-renowned designers to cooperate through bidding; of course, Lin Zhichao will give a general framework.
Huang Changhong looked at the land and reminded: "Boss, a small road should be left in the east-west direction. This is what the Hong Kong Government Planning Department means!"
Lin Zhichao nodded and said: "I know! Therefore, there is no hope of merging these two pieces of land (Far East Financial Center and Lippo Building), but the road can be moved diagonally to the south, and the north and south roads here can also be moved to the northeast. By reserving about 4 square feet for the Burj Al Arab Hotel, the Hong Kong government’s road requirements can be easily met.”
Huang Changhong, Li Paul and others all agreed. In this way, a first-class hotel building can definitely be built with 4 square feet.
What is the concept of 4 square feet of land?
Take the skyscrapers of later generations in Hong Kong as an example. Almost none of them exceed 2 square feet per floor, and most of them only have 1 or more square feet per floor.
"In this way, this hotel can be built about 50 stories high, with each floor covering an area of 1.5 to 1.8 square feet. A two- or three-story annex building will be built next to it to serve as a hotel lobby and restaurant."
In fact, the Far East Financial Center in its previous life was expanded and raised, occupying part of the land area of 'Lippo Center Tower AB', but not much in fact. The main thing is to expand the whole to the east, and this part of the naval dock land belongs to An elongated site running from east to west.
"What about this side?" Huang Changhong pointed to the land of Lippo Center in his previous life.
Lin Zhichao looked at it and remembered that in his previous life, Tower AB (Twin Towers) of Lippo Center was rated as the 24th ugliest building in the United States. He thought that it would be better to leave it alone; it was too modern, and to put it bluntly, it was too stiff.
"The floor space of this site has actually been transferred to the Burj Al Arab Hotel, but an office building can still be built. The height can reach more than 40 floors, the shape can be rectangular, and the property area is almost over 1.2 square feet per floor."
In fact, the "floor area" of Lippo Center Tower AB and Far East Financial Center in the previous life was swapped; the total floor area of the Lippo Center Twin Towers in the previous life was almost 88 square feet, and that of Far East Center was 48 square feet.
The Burj Al Arab Hotel is approximately over 80 square feet. It is a first-class and beautiful place on the seaside in Admiralty, Central. If Lin Zhichao succeeds in building the Navy Dockyard, the value of the entire location will be equal to or even higher than that of all the buildings in the heart of Landmark.
Of course, the price must also be very high. It is estimated that the construction cost will be more than 20 billion. This is still the 70s.
"The boss's design is very beautiful! It not only highlights the nobility of Burj Al Arab Hotel, but also does not waste the land behind it. In this way, the prominent location on Cotton Rouge Road and Connaught Road will become the most beautiful landmark building." Huang Changhong Said excitedly.
This conspicuous location is actually very close to Landmark in the heart of Central. It is about the same distance from a building, Chater Garden and the Court of Final Appeal.
The opposite side is watching with eager eyes!
Next, everyone moved towards the east.
In fact, it is quite easy to plan. Taking into account economic interests, this area is actually the area of five buildings (six in the previous life, the Twin Towers count as two) and a shopping mall (Admiralty Gallery). Of course, this area The remaining half has not been developed, but it is close to Wan Chai, so Lin Zhichao plans to reserve it, part of it will be used as Harcourt Gardens, and part of it will be sold to the Hong Kong government to be used as the JC headquarters.
Now that Lin Zhichao has come to design, apart from the replacement of Lippo Center by the Burj Al Arab Hotel (the location has also been reversed), there are not many other changes.
"On the seaside side, two more first-class office buildings will be built; on the south side, a four-story shopping mall and a first-class office building will be built, and the two buildings will be connected (land-type plazas). The planning here is almost complete "Don't worry about the open space over there for now." Lin Zhichao explained the outline of the plan while making gestures.
Five buildings (including hotel buildings) and one shopping mall are the general plan of this area.
At the same time, it seems that the position of the exit of the Admiralty subway station in the previous life has been occupied.But don't worry about the 80s, because the Admiralty MTR Station can be located in the reserved space here, or next to the shopping center.
The entrance of the subway station does not need to be big at all, but the development rights of the property above the Admiralty of the Hong Kong MTR have been lost.The Naval Dockyard is almost the entire Admiralty, so the MTR Corporation can only choose to export on the site of Cheung Kong Holdings.
"What about the large shopping mall in the south?"
Lin Zhichao then elaborated on the idea of later Pacific Place, which is roughly two bases (shopping malls) connected from the underground level to form a huge shopping mall; on the two bases, there are two skyscrapers and four skyscrapers. Two of the buildings include a five-star luxury hotel and high-end apartments with hotel-style services, while the other two buildings are office buildings.
"This site will be roughly planned first, and the actual construction will probably take place in the late 70s. After the construction there is completed, we will start work here."
"it is good"
It was a design sketch at the beginning, and it is actually repeated today, but in more detail.This year we will invite bids for a team of architectural designers, and Cheung Kong’s ideas are key.
The past year (1965) was relatively unfriendly for the Yangtze River Industries Group.Changjiang Plastic Factory 'closed', Changjiang Wig Factory 'closed', zipper and steel profits fell, only Changjiang Toy Factory bucked the trend and grew.
in the conference room.
Lin Zhichao still held annual meetings with senior executives. His expression was not sad and he faced it very calmly.
Last year, the Yangtze River Industrial Group made a profit of HK$9600 million. After disposing of its expenses, the balance was HK$8000 million.
The cash flow of Yangtze River Industry has reached 4 million Hong Kong dollars; he still did not choose to use it, but deposited it in major banks to earn interest.
Because the U.S. stock market had already risen a lot at this time, Lin Zhichao was worried that he would not make much money if he entered it, and there might be a short-term decline this year.
After all, Lin Zhichao only knows long-term investment, and now he only has two years before he is ready to cash out.
Stability is very important!
"The 70s must be the beginning of glory for the zipper industry! Therefore, if short-term profits decline, you don't need to consider it. The important thing is that we strengthen technology research and development and quality assurance. In the new year, we can increase research and development in Europe, America, and Asia. With the investment from the Ministry of Industry and Information Technology, I will increase the proportion of investment in R&D and quality to 25% of profits."
To be honest, Lin Zhichao is very satisfied with Yangtze Zipper, which has made him a lot of money over the years.This alone puts Hong Kong industrialists to shame, because no outside factory can surpass it in terms of profits.
Yangtze Zipper is still one of the biggest competitors of YKK Zipper. YKK Zipper has lost the opportunity to defeat Yangtze Zipper. In the future, Yangtze Zipper may not be able to catch up with YKK Zipper.
At this time, Yangtze Zipper had factories in Southeast Asia and Europe, three R&D headquarters in Europe, America and Asia, and companies with equity interests in Taiwan and Germany.In short, a huge industrial chain has been formed.
Veteran Bao Chunlai quickly replied: "Okay, I will definitely come up with a plan and submit it to the group for review. Our Yangtze Zipper has long-term investment in research and development and equipment, and there is not much difference with our rival YKK Zipper. We will definitely have the opportunity to catch up in the future."
Yangtze Zipper invests 20% of its profits in technology research and development and equipment replacement every year to ensure that the quality will never lag behind YKK zippers.
In the previous life, YKK zippers accounted for 80% of the zipper market in China. It was not that Chinese zipper companies could not conquer the technology, but that people were unwilling to invest. However, YKK zippers have long insisted on investing funds in technology research and development and equipment replacement. They only used sewing machines for two years. One year, this is the pursuit of quality.
The reason why YKK zipper came from behind and surpassed the Yangtze River zipper is because the Japanese market is huge and the American market intends to take care of Japan; otherwise, the two sides will not be able to reverse their strength.
In fact, in terms of accumulation of technology, Yangtze Zipper is even better.
Lin Zhichao said: "In the 70s, Hong Kong's garment industry will surely become the number one in the world, and our zippers will definitely have the opportunity to catch up. Especially on the zippers of jeans, we must strengthen technology and quality research and development." We must give it to our subordinates. Set goals and give them a boost.
Of course, Lin Zhichao is right. With the development of Hong Kong's garment industry, Yangtze River Zipper will also benefit.At present, Yangtze River zippers have a small share in Japan, but YKK zippers cannot squeeze into Hong Kong.
Bao Chunlai said: "Well, the fashion trend of jeans is obvious. We can invest in copper mines and increase the production of copper smelting."
As the general manager of Yangtze Zipper, he is naturally very familiar with the industrial chain. He single-handedly facilitated his decision to invest in a nylon factory in Taiwan and start branches overseas.Of course, general manager Wang Liang will also be involved. On the contrary, Lin Zhichao has always been 'talking on paper' and has not worried about these things.
Yangtze River Industrial Group has formed a true group management, and Lin Zhichao does not need to do many things himself.
Lin Zhichao is also very interested in investing in copper mines. At the smelting base in Tseung Kwan O, Cheung Kong Industries can smelt steel and copper by itself. It is a heavy industrial enterprise in Hong Kong.
"Okay, investing in copper mines is feasible. You can go to South America to look for opportunities. Deputy General Manager Wang, you have to take the lead."
As the deputy general manager of the group, Wang Liang is actually Lin Zhichao's spokesperson.
"Okay, I'll discuss this with everyone later."
then.
Lin Zhichao talked about Yangtze Toy Factory: "The development of Yangtze Toys is undoubtedly very smooth, but this is due to our cooperative relationship with Audrey Toys Company. Remember to ensure quality. Next, we can appropriately strengthen OEM for other European and American factories. business, and open branches of the 'Bond Toys' brand in Taiwan and Southeast Asia."
In a previous life, Hong Kong's toy exports surpassed Japan's in the 70s. It is said that on the day the news was announced, a Japanese toy factory owner committed suicide.
In this life, Yangtze Toys has taken away the OEM of Barbie dolls, which has actually greatly weakened Japanese toys.
Moreover, Lin Zhichao planned to use the name of Audrey Toys Company in the 70s to plan the "adoption system" of cabbage dolls; at that time, Cheung Kong will also manufacture cabbage dolls, and the profits will increase.At the same time, Lin Zhichao plans to develop the comic industry, create Hong Kong IP, and promote Hong Kong's patented toys.
Ke Yanping nodded seriously and said: "Yes, boss. We can open a branch in Taiwan. We have one branch in Singapore, and we can also open a second branch. There is absolutely no problem with the quality of the OEM. We have always adhered to excellent management. System and quality control.”
Lin Zhichao smiled and said: "I feel relieved now!"
In the past, officials from the U.S. Department of Commerce wanted Audrey Toy Company to OEM part of its products in Japan, but Ritchie naturally rejected it. The first was that the two parties had cooperated for many years without any problems. The second was that Ritchie knew that if he dared to do this, , the boss Audrey had to fire him the next day.
The real power of Audrey Toy Company is still in the hands of the founder, who owns 51% of the shares; and there is also 9% of the shares in the hands of the second shareholder Changjiang Toys.
Of course, in recent years, U.S. Department of Commerce officials no longer have that idea. After all, the Japanese economy no longer needs support.
The most important thing is that the United States has completely changed its thinking about Hong Kong in the late 50s; Hong Kong in the 60s has even become a logistics base for the US military. Wanchai is also a rest base for American soldiers, and Americans are also using Hong Kong.
Because of this, most of Hong Kong's industrial products are now exported to the United States.
Lin Zhichao also summarized other Midea Electric Appliances and Zhongtian Steel, but did not emphasize too much.
As for wigs and plastic flowers, there are currently only some agency businesses and high-end product businesses left, so don't bother with them.
At present, zippers and toys are still the pillar industries of Yangtze River Industry Group.
The closure of the Yangtze Plastics Factory is not really a collapse!If he persisted, he would be able to survive for at least a year; but Lin Zhichao did not want to fire workers anymore, as he was worried that he would be hostile and provoke conflicts.
Therefore, Lin Zhichao could only support 1500 people, so he simply canceled the production of plastic flowers. Many of these workers were introduced to cooperative companies, but their salaries were reduced a lot, and many were immediately unemployed. Of course, the Yangtze River Toy Factory also took over some of them.
The Changjiang Plastic Factory still exists, mainly acting as an agent for Hong Kong plastic flower products and selling them to European and American wholesalers; in this way, it still makes more than 200 million yuan in profits every year.
At the same time, Hong Kong's plastic flowers are not in crisis. There are still more than 1000 factories; this is because small factories can easily survive and large factories can easily go bankrupt.
For example, the factory of the Jewish brothers in the previous life also went bankrupt in 1966 and sold the factory to others.
Large factories have better wages, because if they are not careful, they can easily cause strikes, so when the industry goes downhill, they are the first to 'go bankrupt'.
Plastic flower factories can generally transform to produce toys, which is similar.
Changhe Plastic Factory.
Li Jiacheng finished calculating last year's accounts in the office, showing a little joy.
Originally, he thought profits would fall a lot, but he didn't expect that the profits including the factory rent would be HK$120 million in total. You know, the factory rent was also lowered last year, and the plastic flower market was very difficult. Logically speaking, even 100 million won't necessarily make a profit. get.
"Thanks to the Changjiang Plastic Factory for entrusting a lot of business to our factory, this will cost almost 30 Hong Kong dollars in OEM fees!" Li Jiacheng suddenly showed a grateful look.
It turned out that the Changjiang Plastic Factory distributed at least HK$300 million in profits from processing fees for plastic flowers. Lin Yunchu's factory got a larger share, about 20%, and Li Jiacheng also shared 10%, while the rest went to fellow Shunde residents.
It was assigned to Li Jiacheng because Lin Zhichao planned to support him. After all, Li Jiacheng could not be his competitor now, and the quality of Li Jiacheng's factory was guaranteed.
"In this way, I have about 300 million Hong Kong dollars in capital. Now the factory land in Kwun Tong only costs 40 to 50 Hong Kong dollars. I want to invest in another factory building." Li Jiacheng thought about the problem.
Today, investing in a factory building may only cost a little over 200 million.Li Jiacheng is still optimistic about Hong Kong real estate and plans to invest in another industrial building.
Real estate fell, he felt it was an opportunity!
Li Jiacheng has also laid out his future plans, which is to enter the real estate industry.Although his capital is expected to be only 100 million after the construction of two industrial buildings, after all, the factories and buildings can still bring him stable profits.
Although he has predicted that plastic flowers will no longer be popular, his plastic factory is still producing toys and other plastic products.
Generally speaking, it can provide him with a steady stream of profits.
In fact, Lin Zhichao has also been paying attention to Li Jiacheng. When he learned about the size of Li Jiacheng's factory, he could calculate the profit. After all, they were all in the same industry.
According to Lin Zhichao's idea, as of 1967, Li Jiacheng had at most two factory buildings and 1 to 2 small sites; with such a scale developed by 1972, it would be good to be listed on the market.
Moreover, in the 70s, Lin Zhichao would seize opportunities from his previous life, such as the China Bank Building, Macao Company (Hilton Hotel), Saixi Lake, etc., so he had no worries about his growth.
Lin Zhichao is like raising Li Jiacheng in captivity, allowing him to develop, but he will control it and cannot affect his layout.
This time, I entrusted him with a lot of plastic flower OEM work, and I hope that he will not fall into despair and will not be seen among the top ten real estate developers in the future. Undoubtedly, that kind of Hong Kong is not what Lin Zhichao wants to see. (End of chapter)
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