People in Hong Kong create super chaebols
Chapter 778 The most benevolent and righteous
Water can carry a boat, and it can also overturn it.
If the Chunghwa Bus is compared to a boat, then the passengers are the river beneath the boat. This river can allow the boat to pass smoothly, but it may also capsize the boat!
"The turnover of Kowloon Bus is higher than that of our China Bus, but it's just because there are more ordinary people in Kowloon Peninsula than in Xiangjiang Island. Moreover, the boss of Kowloon Bus, Lei Jiaokun, is not only in the bus business. In terms of business operations, in addition to the bus business, they are also involved in many businesses. It is normal for the turnover to be high. But Mr. Su should also know that the future situation of Xiangjiang is unclear, and the Xiangjiang Metro is about to open to traffic, the bus business will definitely be affected.
I don’t want to replace too many new cars, but choose to continue to use old cars that are about to be eliminated. This is just for the sake of the company’s future. I don’t want the company to lose so much. Once the situation changes in the future, we, China Bus, can advance or retreat. Shou, how do you outsiders understand my good intentions? I founded China Bus with my own hands. This is my hard work. My feelings for him are beyond your imagination! "Yan Chengkun continued.
Su Cheng knew that Yan Chengkun said so great things just because he was afraid that the family's interests would be harmed, so he didn't plan to talk too much to Yan Chengkun on this matter.
"I don't agree with Mr. Yan's management philosophy. No matter what, everything has changed now. The control of China Bus is now with Tianyuan Investment Company, isn't it?" Su Cheng stopped nagging him. .
"Yes, we have indeed lost control of Zhonghua Bus now. This is a problem I have never thought about. I thought that until my death, Zhonghua Bus will still be controlled by our Yan family, but I didn't expect that I still have Even if we are considered healthy, our Yan family has lost control of China Bus. It’s fate, but I don’t know what Mr. Su plans to do with China Bus in the future. Even if I lose control of China Bus, I will still be there. The second largest shareholder, I have the right to know!”
After hearing Su Cheng's words, Yan Chengkun also knew that he had to face the facts. No matter how much he complained, it would be of no use. This was not playing house, this was a highly competitive shopping mall. Therefore, he changed his previous attitude and became serious. The ground asked!
After all, he is a veteran who has been in the mall for decades, and he knows many things well.
"Since Kowloon Bus knows how to use the company to operate other industries, why can't China Bus? China Bus's bus depot in Chai Wan, the main depot in North Point, Qi Sister Road depot in North Point, China Bus head office on King's Road in North Point, Wong Chuk The Wong Chuk Hang depot in Hang Dao and so on own many land plots. These land plots are small in area. As far as I know, the actual utilization rate of these parking lots is less than 50%. It can be said that these land plots have been wasted.
Why don't we use the vacant land in the parking lot to develop it in the direction of real estate, build commercial buildings, hotels, etc. The land belongs to our China Bus, and the cost of development can be kept very low. In this way, as long as we develop it smoothly, , when all the commercial buildings are rented out and the rent is collected every month, the profit margin will be much greater than if it were abandoned here. This is because Mr. Yan previously purchased these lands, which gave me the knowledge of China Bus. I really don’t think highly of the little capital the bus business has. "Su Cheng didn't hide it and said with a smile.
Most of the land parcels purchased by Chung Hwa Bus are in North Point and Chai Wan. Because North Point and Chai Wan used to be suburbs, land prices were low and they were good places for bus parking lots.
Even Hong Kong Electric Group used to build power plants here in North Point, because North Point at that time was a suburb.
But now, whether it is North Point, Chai Wan, or even Wong Chuk Hang and other places, they have already gradually developed due to the small number of people in Xiangjiang.
Especially North Point, it is now extremely prosperous.
Hong Kong Electric's North Point power plant has stopped working long ago.
After being acquired by Sioux City, Hong Kong Electric Group has begun to develop the land of the former power plant in North Point. The land owned by China Bus in North Point is no less than that of Hong Kong Electric Group.
The Main Depot in North Point, the Seven Sisters Road Depot in North Point, the old China Bus Building on King's Road in North Point, etc.
These places are really suitable for building commercial buildings.
Moreover, according to Sioux City's philosophy, after it is built, there is no intention to sell it at all, but to use it to collect rent.
After all, it was only the late 1970s, and housing prices were still too low compared to the next twenty or thirty years. He had no intention of selling, otherwise Su City would not have gone out of its way to continuously acquire properties and create an apocalypse. Property company.
As for developing commercial housing in communities? Su Cheng did not have this idea. Let Hutchison Real Estate Company and Su Real Estate Company handle these matters. They will handle their affairs. Su Cheng did not intend to interfere too much.
Yan Chengkun smiled bitterly. Unexpectedly, it was these pieces of land that made him lose control of Zhonghua Bus.
And now he doesn't care about the bus business that he is proud of.
"Mr. Su, aren't you worried about the future situation of Xiangjiang? No one knows what Xiangjiang will be like in the future. This is why I have never dared to invest too much in other businesses. Once I invest, what I fear most is After a few years, the bamboo basket has been in vain. It is better for us to focus on developing the bus business. The real estate industry requires too much investment. Although there is no need to invest in the land, the investment in building this area is not small. If you want to rely on We don’t know how long or how long it will take to recover the rent, not to mention that we at China Bus have no experience in real estate development.”
Yan Chengkun knew that he had lost control of Zhonghua Bus, so he wanted to persuade Su Cheng. Negotiations were imminent. Yan Chengkun was really afraid of what might happen in the future.
However, how could Su Cheng listen to his persuasion.
"Mr. Yan, I am not afraid to tell you that I am full of confidence in the future of Hong Kong. This is why I acquired China Bus. As the second largest shareholder, Mr. Yan can object, but he can't change anything. If Mr. Yan is against me Not satisfied with the business philosophy, I suggested that Mr. Yan take advantage of the current sharp rise in stock market prices to sell as much as he can, so that Mr. Yan can make a lot of money. I gave Mr. Yan a day.
The day after tomorrow, I will hold a press conference at China Bus to announce that I have obtained the news about China Bus. Once the news is announced, everyone knows that our Tianyuan Investment Company and your Yan family cannot continue to fight, and the stock price will definitely fall. I have done my best to give you one day. This is my respect for you, Mr. Yan, as a junior. You should think carefully about whether to sell stocks! "Su Cheng said very directly. (End of Chapter)
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