Hong Kong: Starting with 10 billion

Chapter 99 "Return of Power" is in hand
It is basically a done deal for Fang Hexuan to take over the South China Morning Post.
Once the acquisition by Hutchison Whampoa and internal reorganization are completed, this English newspaper will also be named Fang.

He has launched many projects, including cars, movies, toys, real estate, and newspapers.
There’s even construction of his own estate to focus on.

Fang Hexuan was a boss in his previous life, so he naturally knew the importance of talent.

Therefore, even though he is involved in so many industries, in fact, his main job is still to find people, identify people and employ people.

The senior executives of each subsidiary company are given greater authority, so the boss Fang Hexuan does not have to do everything himself.

As for the possibility of abuse of power or corruption by senior executives,
Then we can only rely on institutional supervision, Fang Hexuan is very clear about this.

From his own experience in starting a business,
Corruption in private companies is no less than that in state-owned enterprises.

Therefore, I hope that my company can completely eliminate this situation.

Fang Hexuan is not that naive.

Last year, he invited Canning Fok to join Wanda.
Fang Hexuan's desire for talent may be more urgent than any other businessman in Hong Kong.

As long as one has real talent and knowledge, Fang Hexuan will never be stingy with money or delegate power.

In this way, he wouldn't have to spend all day buried in documents sent by various companies.

In September, he returned to the mainland.

Last October, after my mother and Brother Wen got married, they actually returned to Ningbo once.

During the Chinese New Year this year, the two of them took Fang Luoyi and went north again.

Both times, Fang Hexuan was busy, so he did not go with them.

Therefore, it is only natural to go back to Ningbo to visit my grandparents.

Back to Simen Town, Yuyao County, not much has changed.
But judging from the mental outlook of the pedestrians, there is a sense of youthfulness.

It seems that Sir Bao has made an effort.

The town hasn't changed much, but the village where my grandparents live has changed a lot.

But there are obvious changes.

The dirt road I came back on last time has now become a concrete road.

Since Fang Hexuan has become the richest man in Hong Kong, it seems that he may also be the richest Chinese.

As a result, the number of "richest people" in the village attracted great attention from the higher authorities.

It's not that there will be funds allocated to build the village.
Instead, villagers who run small businesses will receive more tolerance and care than people from other places.

Therefore, after not coming back for a year, several families in the village started renovating their houses like my grandmother's family.

Some were even completely demolished and rebuilt.

Fang Hexuan was very low-key this time, but how could he hide it from the leaders of the Ningbo Office?

Although it was not as grand as last time, from the city to the county and then to the town,
They sent people down to entertain Fang Hexuan, the richest man.

My grandparents' house has been completely renovated.
It was transformed from a gray brick and gray tile house into a three-story Western-style building.

The building covers an area of ​​more than 200 square meters.

The entire building and the yard cover an area of ​​350 square meters.

It is definitely bigger than the average family’s, but it is definitely not a show of wealth.

Given Fang Hexuan's current status, who would have any objection if his family wanted to live in a better place?
What's more, the Lu family has generously given more land compensation for the extra area occupied.

In terms of reason and law, both the Lu family and Fang Hexuan have their own grounds.

The three-story building is fully equipped with all necessary features.

All the home appliances inside were shipped from Hong Kong.

The marble floors in the living room and hallway and the rosewood floors in the bedroom.

It was also purchased from Hong Kong with the help of Lu Qiaoling.

It can be said that the decoration is much more luxurious than that of many current government buildings.

The government officials who came to visit Fang Hexuan were amazed. Grandpa and grandma were really happy. It was all thanks to having a good grandson that they had both face and money.

This time when the richest man returned to his hometown to visit his relatives, he finally brought back more gifts than last time.

At this time, the two uncles gave cigarettes to the leader when they saw him. They were Marlboro or Red Marlboro.

Although it is not expensive, it is rare and allows everyone to try it.

Comrades who come here will be given cigarettes and foreign liquor before they leave.

Taking discipline into consideration, Fang Hexuan did not buy expensive cigarettes and alcohol.

I only stayed at my grandparents' house for one day.
Fang Hexuan left a savings book with 100 million RMB in it and left to continue heading north.

The destination is still Shanghai.

Fang Hexuan's executives and lawyers had actually reached an agreement with the Magic City government a month ago.
From now on, the "Hui Li" brand will be managed by Fang Hexuan's company.

The original six and seven factories will become OEM factories for "Hui Li".

The Shanghai Municipal Government requires that this point must be written into the contract.

In fact, it is just to find a permanent supplier for these factories.

Fang Hexuan agreed to this request, as this was his original plan.

He came to Shanghai to formally complete the contract signing ceremony with the municipal government.

Shanghai leaders are also anxious. Ever since Mr. Fang invested in Shenzhen in July,
They already have a sense of crisis.

Shanghai was once the Paris of the East and has always been several steps ahead of other backward cities in China.

Now, the fishing village city, which was established only a year ago, has attracted hundreds of millions of dollars in investment.
They are more jealous than other provinces and cities.

Mr. Fang’s reputation as the richest man is so well-known that it makes mainlanders who are just beginning to come into contact with marketization feel like a god.

Such a person must be invited here to strengthen the Magic City's momentum.

It also allows the leaders above to see that Shanghai is determined to reform and open up.

The signing ceremony was handled with great fanfare by the Magic City, and even the "News Broadcast" reported it.

Fang Hexuan came here just to be a signboard, and he was quite happy to do so.

Fang Hexuan spent 1000 million RMB, or 3000 million Hong Kong dollars, to acquire the "Hui Li" brand.

No other tangible assets are included.

Fang Hexuan also looked down on those factories and equipment.

The reason why he was willing to give 1000 million RMB was actually to prevent future troubles.

In the eyes of many mainlanders, Mr. Fang is a fool with a lot of money for spending so much money just to buy one brand.

But in Fang Hexuan's view, the "Hui Li" brand is more valuable than all other assets.

Once Fang Hexuan invests money to make it a world-renowned sports brand, there will definitely be people who will be jealous.

If they get jealous, they might cause trouble, and might even claim that there was insider trading or other illegal agreements in the original brand acquisition.

Fang Hexuan would rather spend more money and have less trouble to solve all possible loopholes at once.

Therefore, in order to sign this contract, Fang Hexuan found as many as five or six lawyers.

It is not his fault that he is cautious. It is because the experience of later generations has taught him that when it comes to the acquisition of state-owned assets,
You can never be too cautious.

Fang Hexuan even requested that the non-confidential contents of their contract be published in the newspaper for three days in order to convince people with reason.

As for the few rubber shoe factories that were still able to use the "Hui Li" brand,
Fang Hexuan plans to buy a shoe factory that can export after returning to Hong Kong.
Temporarily hand over its export production capacity to these factories in Shanghai.

After he has designed the new Huili shoes, he will consider expanding production capacity.

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(End of this chapter)