The Birth of the Hong Kong Island Family.

Chapter 425 [Already had a plan]

Time comes to the autumn of the year - the beginning of the fairy tale.

In the Midea Industrial Building in Kwun Tong, Lam Chi-chao is trying out the Midea Walkman. It feels like the sound quality of this machine weighs a ton, but in fact it weighs only 425 grams.

In previous tape players, major manufacturers always bundled playback and recording, and no one thought of removing the recording function.The Walkman removed the recording function and focused on developing stereo playback effects.

"Can parts supply be guaranteed to be problem-free? You know, once we achieve good results, we may soon be targeted by Japanese manufacturers." Lin Zhichao asked.

In fact, Donkan Midea Electronics was the first to develop the 'Walkman' and obtain a patent.But then faced with the challenges of Sony and Philips, there simply cannot be enough technology to quickly upgrade and update technology, and there may even be the possibility that Japanese manufacturers refuse to provide key components.

However, Midea holds patents for electronic handheld devices and is the first manufacturer to develop a 'Walkman'. It is not without its ability to fight, or at least it can be a disruptor.

"No problem. We have signed contracts with major manufacturers to supply parts for 300 million units for three years. In addition, we have found manufacturers in Europe and the United States that can be replaced at any time." Li Zhenlong said seriously.

There are lessons learned from the past - Japan refused to provide 'transistors' for Hong Kong radios, so the boss's worries are not unreasonable.

Lin Zhichao said: "I hope Japan will not do anything targeted this time. After all, the cost of key components is very critical. We can also use patents to argue in the future, if the Japanese dare to do that!"

Midea Electronics also has a trump card. Japan does not dare to take risks this time, and now is global trade. If the Japanese continue to use this method, it will not be good for their country's exports.

But even if it is not targeted, technology-leading companies like Sony can quickly come up with more advanced products.By then, Midea's Walkman may have to go the "high quality and low price" route.

Fortunately, Lin Zhichao does not really care about the profits of the Walkman. What he cares about is that Midea Company can accumulate technical experience and brand reputation to lay the foundation for future comprehensive development in the electronic field.

"Probably not! After all, we have signed a contract to supply parts for 300 million units. By the time this batch is used up, Midea's Walkman has already made an impact. How can those parts suppliers not make money?" Li Zhenlong said.

Lin Zhichao did not speculate, just took it one step at a time, and then said: "Then prepare to sell! The price is 188 US dollars, and the target consumer group is young people. In September, we will market in Hong Kong. In October, we will enter the US market by letting some young people Men and women listen to our Walkman on public transportation to make the product deeply rooted in people's hearts. In addition, star effect is also essential to give them product experience."

Li Zhenlong nodded and said, "Well, we have already planned it and are just waiting for your order!"

Lin Zhichao is still very much looking forward to the profits from this product!

The profits of any such 'patented product' will not be low.For example, for every Midea Walkman sold, Midea Electronics is expected to earn a profit of US$30. If all 300 million units are sold, that is a profit of US$9000 million, which amounts to HK$1976 million, which is almost the current profit of Yangtze River Industries. The group's profit for one year (estimated profit in 5 reached HK$[-] million).

In recent years, Yangtze River Industrial Group's profits have grown rapidly, which can be described as explosive growth.In the next few years, profits will still skyrocket because 'patented products' have increased a lot.

Even if it is the copyright of 'Hong Kong Cube', it may bring in profits of tens of millions of Hong Kong dollars every year, because doing business in Europe, America and Japan is so profitable.

In the same way, if a "Pac-Man" or a "Little Bee" are successfully developed and transplanted to the Atari 2600 host, the profit will be tens of millions a year.

For example, the six major software partners of Nintendo's Famicom in the previous life, as long as they developed a popular game, their annual profits would be hundreds of millions of dollars. This is the strength of the software vendors.

"Okay, I'll wait for your good news!"

"Yes"

Following Lin Zhichao's order, the Walkman began to be sold globally.In recent years, Midea has also established a sales network around the world, opening up markets for products such as radios, electric fans, and arcade machines.

Kowloon, Maryknoll Convent School, this is a well-known girls' school.

Lin Zhichao parked the car far away and asked the female bodyguard to wait for Guan Jiahui at the school gate. He felt like he was being a thief. After all, it was not good for others to see him.Of course, there are examples. For example, when Gambling Saint and Lan Ertai met, Lan Ertai was also relatively 'young'.

After a while, Guan Jiahui happily followed Lin Zhichao's female bodyguard and then got into the car.

"Lin Sheng, why do you drive a shabby Ford? You don't look like a rich man at all!" Guan Jiahui said in a fuss.

"Keep a low profile. It's not good to be seen by people you know! If you hadn't said you wanted to go on my yacht, I wouldn't have come here to pick you up." Lin Zhichao complained deliberately.

In fact, he was so happy!

In a conversation, Lin Zhichao talked about his own super yacht, and this girl had always wanted to go on it.Today, Lin Zhichao fulfilled her wish.

Guan Jiahui immediately said: "You are still talking! I promised my mother to take care of me, but now I go to your yacht to play, but you are reluctant to let me go, how stingy!"

Lin Zhichao said angrily: "You are so rude! When did I promise your mother to take care of you? At most, you only come to me when you are in trouble. Don't get me wrong!"

At this time, Guan Jiahui was like an elf, and she immediately pretended to be aggrieved and said: "Wow, you turned out so quickly! My mother is divorcing my father, and they quarrel every time they meet. I'm so scared every day. "

When Lin Zhichao saw that the girl only had a voice but no tears, he knew that Guan Jiahui was relaxed in front of him, and he felt a little happy.

"Okay, I won't give you any general knowledge!"

Guan Jiahui saw that a big man like Lin Zhichao also had a "submissive" side to her, and she immediately became more convinced that this man had a crush on her.

Just a little older!Bah, bah, how old is he? He looks like he is in his 30s, but he looks younger up close.

Just a little more romantic!If such a handsome and wealthy man is not romantic, he will definitely be useless!
My father didn't have much money, so he was looking for a lover, let alone this tycoon.

"Lin Sheng, I will call you Brother Chao from now on!"

"Well, let's call him in private. I also want to experience a young man."

"You are not old at all, you look like you are in your 30s!"

"Why are you in your 30s? Look again!"

"30 years old? 27 years old!"

As the two chatted, the bodyguards in the front row remained unmoved. They had all undergone rigorous training.

More than half an hour later, when Guan Jiahui stepped onto the super yacht 'Rising Sun', she was immediately shocked. She was running on the yacht like a little angel.

Lin Zhichao also followed her patiently and answered many of her questions.

Little does this girl know that she will also be eligible for it in the future.

When they had dinner together, Lin Zhichao gave her a Walkman.

"What is this?" Guan Jiahui asked curiously.

Lin Zhichao stood up from his seat, then came to Guan Jiahui, put the headphones on her head, and then started them.

Guan Jiahui was soon pleasantly surprised when Xu Guanjie's Cantonese song came.

"What is this? It's a radio, but it's too small!"

Lin Zhichao smiled and pulled her up, then hung the Walkman around her waist and said, "This product is called the Walkman. As the name suggests, you can listen to wonderful music anytime, anywhere. This Walkman is small and can be hung around the waist." , very convenient if you are on vacation, on your way to work or to school!”

In fact, it's not convenient enough. Two AAA batteries can't even play for two hours.In addition, it is expensive, a Walkman costs thousands of Hong Kong dollars, which is almost a sign of white-collar workers.Of course, in Western countries and Japan, this kind of consumption is not a problem at all.

At this time, Guan Jiahui was wearing a school uniform, and there was no belt or place to hang it, so Lin Zhichao put the Walkman on her waist with his hands.

Soon, Guan Jiahui began to notice that her face began to turn rosy.

"Brother Chao, will you take care of me in the future?" Guan Jiahui took the initiative to confess.Her weak heart needs a white knight, and Lin Zhichao is her perfect white knight.

"Well, don't worry, I'll be there for everything!"

Afterwards, Lin Zhichao returned to his seat, knowing that since he already knew her, there was no woman he could not catch up with.

"Your mother wants to divorce your father and go to live in the United States. This is a fact that cannot be changed, and it is also good for her to eliminate the damage. In the future, she will recover from her injuries in the United States, and there is a high probability that she will return to live in Hong Kong, because according to me After many years of experience, life abroad will not be so adaptable. So if you follow your father, don't be sad, I will take care of everything."

After a few words, Guan Jiahui's mood suddenly brightened.

"Brother Chao, did you approach our house on purpose? Then you did something to me."

"Ahem, of course that's not the case."

That night, Lin Zhichao sent Guan Jiahui home. The little girl was very happy, as if she had stepped out of the shadows.

When he met Zhang Bingqian, Lin Zhichao chatted with her for a while and gave her a Walkman as a gift.

After Lin Zhichao left, Zhang Bingqian looked at her daughter, feeling helpless and worried that she believed in Lin Zhichao too much, thinking that she would not embarrass her daughter or treat her badly.Of course, she also needs to ensure that she and her son have adequate protection after they go abroad.

Hong Kong's stock market was hot in the first quarter this year, reaching a high of 485 points in mid-March; however, it followed the same trend as in 1975 and began to decline from the second quarter. Although there was a rebound during the period, it has been in a volatile market.

This is the result of incomplete confidence. After all, the impact of the July [-]rd stock market crash was too great.

Since June, the Hong Kong stock market has been fluctuating between 430 and 470 points, with fluctuations of no more than 40 points.One can imagine the dullness of the stock market.

In fact, if calculated from 1974 points at the end of 170, the Hang Seng Index in the Hong Kong stock market has more than doubled in less than two years, which is still very exaggerated.But in the first quarter of 1975, the Hang Seng Index rose to more than 300 points, doubling the rate. It was an ultra-low rebound at the time.

Generally speaking, in this market situation, if Lin Zhichao is a 'small capital', he will definitely be able to make huge profits.However, his capital is too large, so he has always only been involved in long-term stock trading and not short-term operations.

In the office of Changshi Group, Lin Zhichao and several core executives were having a meeting, and Lin Ruihuan also participated in the meeting.

"I plan to let Changshi Group fully acquire Yonggao Company through a stock exchange. Subsequently, we will use the same method to fully acquire the remaining shares of Urban Real Estate."

Lin Zhichao decided to continue to use the stock market to expand the Yangtze River Industrial Group.The market value of Cheung Kong Group is more than HK$50 billion, accounting for 8% of the total market value of the Hong Kong stock market, while the market value of Yonggao Company is only about HK$1.5 million. A full acquisition of the remaining 44% of Yonggao's equity will not dilute much of the equity.

Zhou Fuzhao said: "The stock market is at a trough, and the stocks of Yonggao Company and Urban Real Estate Investment are not performing well. The temptation of exchanging shares is very attractive. It can solve the problem once and for all, and we can get good rental income."

Everyone agrees with this view!

In the past two years, it is not British capital that has been in the limelight in the financial market, but Cheung Kong Group.It has absorbed a number of listed companies and quickly strengthened its real estate foundation.

"Okay, Manager Zhou will take the lead in this matter, and let Rui Huan be his deputy."

"Ok"

At this time, Lin Zhichao was already very decentralized and even sent his men to the auction of official land.

Of course, he actually holds all the command.

"How is the cooperation with Henglong Real Estate, Quanli Foundation and other companies going?" Next, Lin Zhichao was concerned about the project.

Huang Changhong immediately said: "It's going well! Projects such as the high-end luxury villas in Shouson Hill and the high-end residential buildings on Kennedy Road in Wan Chai will be pre-sold in installments in the first half of next year."

Lin Zhichao nodded and said: "Leave me two of the high-end luxury villas in Shouson Mountain for private investment companies to purchase."

Huang Changhong said: "Okay, I will arrange it later!"

Next, Lin Zhichao said: "When cooperating with friendly businessmen, you must be honest. Even if you give a little profit, there is no problem. Through this cooperation model, more companies with land will come to us for cooperation in the future. They have land, and we have development Experience and capital, both parties share profits. In fact, it is more beneficial to us. We do not need to pay a large sum of money to purchase land, but only need to pay a small amount of money for foundation work, and support the war through "selling off-plan properties". You can share considerable profits with partner companies.”

There are a lot of companies in Hong Kong that own land, such as some old factories. With the real estate boom, they also want to develop their land. However, they have no experience and qualifications, nor confidence and funds, so they will look for developers with good reputations to cooperate. .

Cheung Kong Industries has been a booming real estate company in recent years, and has cooperated with many companies, such as Henglong Real Estate, Quanli Foundation, etc.

Huang Changhong said seriously: "No problem, everyone is very happy to cooperate, and there will be no conflicts with friends."

These companies came to the boss and Yangtze River Industrial Group. The boss had communicated with them personally at the beginning, and it was their subordinates who took over later.

A week later, Hudoli Company, representing the Cheung Kong Group, announced that the Cheung Kong Group would fully acquire Yonggao Company in a share exchange.

According to the plan of Changshi Group, shareholders of Yonggao Company can obtain 38% of the income by exchanging shares; not to mention, exchanging the shares of Yonggao Company for the shares of Changshi Group can gain even more value-added potential.

There were so many responders that the deal was secured.

this day.

Lin Zhichao saw a piece of news: Wharf Group issued 2 million Hong Kong dollars in 7.5% interest-bearing bonds with warrants.

He was immediately overjoyed, knowing that he could start!

这是因为九龙仓集团在1973~1974期间，九龙仓集团为筹集发展海洋中心及海港城的庞大资金，先后多次发行新股及送紅股，令公司股数从990萬股急升至8501萬股；而在1975年5月，九龙仓集团又发行1.2亿港币8厘息可兑换债券。

Now that another HK$2 million 7.5% interest-bearing bond with warrants is issued, it will inevitably cause shareholders to sell their stocks and raise funds to subscribe for bonds; after a while, the share price of Wharf Group will fall, and the shares will also fall into the hands of retail investors. .

Universal Group's offices.

Lin Zhichao, his old retainer Feng Yongfa, and his son Lin Ruihai are discussing in secret.

"From now on, we need to obtain 15 to 20% of the equity of Wharf Group within one year, but it is not appropriate to alert the enemy."

Save money if you can. After all, once this kind of takeover war breaks out, the stock price will rise several times because the opponent will resist.Therefore, Lin Zhichao did not want to spend more money.

"The shareholding of Jardine Matheson should not be high. If we secretly purchase 20%, we can challenge Jardine Matheson's status as a major shareholder!" Feng Yongfa said excitedly.

The acquisition of Wharf Group is not a small matter.In a big way, this is an event in which the boss represents the rising Chinese capital and challenges the fading British capital. It is an event that wants to "leave its name" in the business history of Hong Kong; in a small way, this is an event in which Universal Group is Looking for a way out, as a close confidant of the boss, he knew that the boss had always believed that shipping would inevitably start to decline in the late 70s, so he did not build large quantities of new ships for many years.

Lin Zhichao said: "There is no need to worry about Jardine Matheson. No matter how much they hold shares, they cannot have the strength we have. The reason why I have been buying secretly for a year is because I just want to save some costs, that's all."

In fact, there is another reason. The political environment has changed in October this year, and the environment has become more open in the future, which is also very important.

Otherwise, as early as 1975, Universal Group and Cheung Kong Group would have had the strength to challenge Jardine and Hutchison Group.

"Ok!"

Afterwards, the three communicated some details.In the early days, Universal Group increased its holdings through sporadic holdings, and later gradually increased its holdings through various channels.

On the other side, the Yangtze River Industrial Group has also held 20% of the shares after nine months of secret purchases; however, it will not show its shares until it holds 25% of the shares. Anyway, there are fewer rules in the stock market in this era.

Qingzhou Ying Cement is a publicly listed company, so acquisitions will not be too difficult. Once it is announced, it will not be a direct acquisition, but will seek board seats. While continuing to increase its holdings, it plans to cooperate with Qingzhou Ying Cement's main factory site in Hung Hom.

(End of this chapter)