Chapter 70 The first property is acquired
Chapter 70 The First Property is Obtained
Li Hongxing nodded and said, "Yes, it's mine. You know, land is not valuable in places like ours, especially my factory, which was built after the Japanese were defeated in the war. In the past, land was given away when the factory was opened."
"Yeah, that's right." Yang Wendong nodded.
In places with poor economies, land is really worthless. The simplest example is the mainland after the reform and opening up. If a factory comes to invest, as long as it is not in the urban area, the land can basically be given for free.
In Hong Kong, due to the increasing population, housing prices have become more expensive, but this is only in Hong Kong Island. On the Kowloon Peninsula, perhaps only the land near the port or some large warehouses has some residential value.
Li Hongxing sighed again and said, "I have struggled for more than ten years, but basically made no progress. Now I am old, so I don't want to think about it anymore.
Mr. Yang, your mouse traps have already started to be exported. It is no exaggeration to say that you have a promising future. It just so happens that you have acquired my injection molding factory, which can also reduce some of your costs. "
"Well, I have plans in this regard as well. If it weren't for your matter, I might have prepared to do some injection molding myself." Yang Wendong said with a smile.
In the long run, it is still necessary to produce some parts by ourselves. One is to reduce costs, and secondly, if we have this kind of production, we can also lower the price to the outside world.
Li Hongxing said: "Yes, in the past ten years, I have cooperated with many customers like you, Mr. Yang. Basically, they all purchased plastic parts in the early stage, and then made them themselves when they had money."
At this moment, the two have walked into the factory. Several injection molding equipment are still working. The high temperature in Hong Kong plus the heat from the injection molding machines make the workshop like a big steamer.
Several workers were watching or loading materials by the machines, with their upper bodies bare and sweating profusely. Unable to bear the heat, they went to stand in front of the electric fan for a while.
But the time cannot be too long, because the fan is used to cool the machine.
Employees? They don’t deserve to enjoy it. As long as they don’t get too hot, that’s fine. This is what many Hong Kong bosses think in this era.
……
The workshop was not very big. After walking around, Yang Wendong asked, "Mr. Li, are you doing OEM work for others?"
"Yes, it's very difficult to make products by yourself. I can't compare with Mr. Yang in this respect." Li Hongxing shook his head and said.
Yang Wendong picked up a fist-sized toy that looked a bit like a dinosaur and asked, "Who did you make this kind of toy for?"
I have been cooperating with Li Hongxing for almost two months. During this period, Yang Wendong actually came to visit us. However, at that time, the two parties only cooperated on plastic boards. Yang Wendong did not pay attention to other products of Hongxing Plastic Factory and did not ask about them.
"It's a Japanese toy company. The volume is not large, with orders worth more than 1,000 yuan a month," said Li Hongxing.
Yang Wendong asked again: "Mr. Li, Li Jiacheng made a lot of money from plastic flowers. Can't you make them here? Or is it because you don't have a market?"
Li Hongxing smiled and replied, "Both reasons are true. Plastic flowers require the latest equipment to make them. Also, making plastic flowers requires very high skills and experience.
After Li Jiacheng became popular last year with his plastic flowers, many plastic factories in Hong Kong followed suit and wanted to make plastic flowers. However, even if they had the equipment, many factories were unable to make them.
As a small factory like ours, we'd better not join in the fun. We can't afford the loss."
"The factory also started from small to large, so didn't Li Jiacheng also start from scratch?" Yang Wendong said with a smile.
"That's true. I can only say that I can't compare to Li Jiacheng. He is the undisputed number one in the Hong Kong plastics industry." Li Hongxing smiled and asked:
"Mr. Yang, are you also interested in plastic flowers? Do you want to make them yourself?"
"That's not the case. I'm just asking casually. Now that Li Jiacheng has a large scale, it's hard for others to have a chance. Besides, I don't have the skills." Yang Wendong said with a faint smile. Doing a good job in the mouse trap business is enough for him at present.
However, since we are going to acquire Hongxing Plastic Factory now, we need to have some understanding of the development status of the plastic industry, or we can make a breakthrough in a new direction for our career from this direction.
After all, it is impossible for him to only do the business of catching mice, but he has not found any good direction yet.
Of course, this is also due to funding constraints. If you are not short of money now, then many common things in later generations are not available now. Just pick a few of them and you can make a bigger industry in the sticky mouse board business.
At present, we can only take one step at a time and do our existing industries well. Maybe we can find another new career direction by taking advantage of the opportunity.
……
The two of them came to the small office in the corner. After Li Hongxing made tea himself, he said, "What do you think, Mr. Yang? If you are really interested, I can give you a 5% discount, just 5700, but I need to transfer the money immediately."
Yang Wendong took a sip of tea and asked with a smile: "Mr. Li is in such a hurry for money, is it possible that he wants to buy a house?"
Li Hongxing nodded and said, "Yes, my son went to work at Jardine Matheson and needs a place to live in Hong Kong Island. My husband and I are also planning to move there, so we chose a 1,000-square-foot mansion in Admiralty. The location is also very good, but the price is quite expensive, and the down payment is more than 20,000."
"Congratulations, it's indeed a good time to buy a house now." Yang Wendong smiled. He knew that the current housing prices have begun to enter the next round of bull market.
If he had enough funds and could make greater profits once he chose the right industry, he would consider entering the market.
Then he said, "How about 5500? I'll give the bank a check for the principal immediately after the property is sold."
"Haha, Mr. Yang is really good at bargaining." Li Hongxing paused and said, "How about this, we are acquaintances now, 5600, how about it?"
"Okay." Yang Wendong thought about it and agreed. If he bargained further, he would probably only save a few dozen dollars, so there was no need for that.
Three days later, the two went to the Lands Department to change the property ownership, and then went to Liao Chong Hing Bank to transfer the money on the spot.
At this point, half a year after traveling through time, Yang Wendong had his own property; not a residential property, nor a commercial property, but a piece of industrial land with a total area of 6383 feet and the old house on it.
When he returned to Hongxing Plastic Factory, Zhao Liming had already arranged for people to change the character "Hong" to "Chang".
"Brother Dong." Seeing Yang Wendong coming back, Zhao Liming trotted over with a smile.
Yang Wendong said: "There is a lot of empty space here. You can find people to build some more houses here, and then arrange for people to assemble them here. Then you don't have to worry about not having enough space."
The Hong Kong industry in later generations wanted to build high-rise office buildings to solve the problem of lack of factories, but this era was much better, especially the land that was bought by Li Hongxing 45 years later. Only a small part of it was used to build a factory, and the rest was left to grow weeds.
By spending a little money to build a tin house, you can use it as an assembly factory. The area will be larger than your previous place, and it will also be much more convenient to transfer plastic boards.
Zhao Liming immediately promised, "Don't worry, Dong Ge, I will get it done as quickly as possible."
"Well, good. From now on, our main production site will be here." Yang Wendong added, "The previous workshop will be used as an auxiliary. In the future, we will receive more and more orders."
"I understand." Zhao Liming said with a smile.
PS: Please give me a monthly ticket
(End of this chapter)