Chapter 603: China Resources's Seeking for Cooperation

Chapter 603: China Resources's Seeking for Cooperation

Zheng Zhijie smiled and said, "Not necessarily, but the probability is still very high. After all, there is an insider, and even if one target fails, there will be other targets.

And if a number of British-owned companies fail in succession, this will cause many other British-owned companies to give up their own operations and cooperate with Chinese companies, then everyone may benefit;
The most important thing is that this was not done by one person, but by a group of people. However, their target was not a large enterprise like Swire, but some small and medium-sized British companies. "

"It doesn't matter who the target is." Yang Wendong shook his head and said, "But I have to say, the person who came up with this idea is quite powerful and shady."

Zheng Zhijie said: "This is how the business world is. Over the years, people have been relatively abiding by the rules and basically haven't violated the law. Otherwise, it would have been even darker decades ago.

But I think this is already polite. Decades or even hundreds of years ago, these British companies used their privileges to suppress Chinese companies. Except for a few Chinese families who relied on them, other Chinese companies could not develop at all. If they did develop, they might be swallowed up. Many of the industries under the current Jardine Swire & Wheelock were Chinese-owned decades ago.

Now that both China and Britain are fair, Chinese capital uses legal commercial competition methods to deal with them, which is already very civilized. "

"You are right." Yang Wendong nodded.

The rise of Chinese capital in Hong Kong in the 70s does not mean that it was not possible before that, but some social reasons prevented Chinese capital from rising;
From electricity, water sources, communications, ports, trade, gas and fuel energy, etc., all were controlled by British capital, and there were special policies. Chinese capital was also targeted. Under such circumstances, the tycoons who were able to develop were considered to have particularly outstanding abilities, and they might have been even stronger in the 70s.

Zheng Zhijie smiled and said, "Do we need to do this?"

"Although it is legal, I still don't want to get involved in this matter." Yang Wendong thought for a while and said, he still hopes to protect himself.

Zheng Zhijie said: "Don't worry, Mr. Yang, I will let a friend in the real estate industry do this."

"Okay." Yang Wendong didn't want to ask any more questions.

The struggle in the business world is just so plain and simple.

If the other party was Chinese capital, Yang Wendong would not agree to do so, but if it was British capital, there was no need to be polite. At least in the Hong Kong business field, Chinese capital and British capital were mortal enemies.

If one day British Hong Kong continues to gain power and returns to the state of the 1920s and 1930s, and I have no backing, then these British capitals will definitely swallow me up without hesitation, even without any conspiracy, just in the open.

Many people cannot imagine the darkness of capitalism.

Four days later, Swire Group prepared the documents, and after the legal and business representatives of Changxing Group reviewed and confirmed that there were no problems, they handed them over to Yang Wendong;
After signing, the contract officially came into effect. Changxing Real Estate acquired the properties and land of the Blue Chimney Shipyard and the old dock. The financial transactions will also be carried out in accordance with the contract. Half will be paid first and the rest will be paid within 3 months.

Having acquired the future largest "Regent Center" in Hong Kong, Yang Wendong also took a car to the Blue Chimney Pier.

"I remember coming here more than ten years ago when I was still making a living in Tsim Sha Tsui," Yang Wendong said suddenly.

Coming to a place he had been before, Yang Wendong suddenly had memories of 12 years ago. At that time, it was 1958. He was busy looking for warehouses to undertake rat extermination business. He also came to the Blue Chimney Wharf because there were many warehouses there.

Su Yiyi next to him also said: "Yes, it was still summer at that time. We were basking in the sun and didn't even have water to drink. You didn't even let me drink the stagnant water on the roadside."

Yang Wendong nodded and said, "Yes, it was hard back then, but I was happy when I earned a few dozen dollars. Now that I've earned tens of millions, I don't feel anything."

"What about those hundreds of millions?" Su Yiyi asked with a smile.

"That does make sense." Yang Wendong shook his head and said, "But money, to me, is far less important than the achievements of my career. I feel this is more meaningful."

Although the current wealth of the Yang family is still not as great as that of many other large national conglomerates, especially the traditional oil, banking, insurance, and industrial giants, whose net worths are often billions or even higher;
But knowing that in the future era of electronic technology, as long as we seize this opportunity, we are likely to surpass these old companies.

Su Yiyi added: "Does this blue chimney land give you a sense of accomplishment?"

"Real estate doesn't give you much sense of achievement, but it makes money." Yang Wendong said with a smile, "If our real estate makes money quickly enough in the future, and we use the money to develop other businesses, it will be a very good business."

The future value of buildings in Hong Kong is basically over 500 billion Hong Kong dollars, and it is possible to earn more than billion a year by renting them out. This kind of huge profits has surpassed many Fortune companies, and it is also very easy to operate, as there is no need to consider the salaries of a large number of employees, the laws of various countries, environmental protection, time, etc.

If the time traveler really wants to lie down, the most comfortable thing to do is to find a few houses in Hong Kong to lie down.

Su Yiyi nodded and said, "Are you planning to develop this place?"

Yang Wendong said: "Yes, build a large commercial center. Hong Kong Land now controls Central, so we can build a few more commercial centers in other places. Tsim Sha Tsui itself is where we started, and the economic conditions are also very good. It is perfect to transform the Blue Chimney into a commercial center."

In history, Tsim Sha Tsui was once the most luxurious commercial district in Kowloon. With its own large investments in this era, the performance is naturally even better.

Su Yiyi smiled and said, "That's great. Tsim Sha Tsui has basically escaped poverty."

"It's not just Tsim Sha Tsui, it's almost the same in the whole of Hong Kong," Yang Wendong said. "Except for a few newly arrived immigrants, most people are not starving."

After Hong Kong society entered the 70s, its economy basically reached an upper-middle level globally. Although food was expensive, there was basically no shortage of it.

The two walked and talked, and soon walked around the Blue Chimney Shipyard and the dock. Zheng Zhijie came over and said, "Mr. Yang, the entire factory will be dismantled within half a month, and then we can clean the soil." "Okay, we must pay attention to the soil to ensure that there is no environmental pollution in the future commercial center." Yang Wendong nodded and said, "I will invite a third-party company to conduct testing later."

The shipyard is also a part of heavy industry, and pollution does exist, although not as much as some chemical plants and steel mills. However, Hong Kong did not have environmental protection laws before, and sewage was discharged indiscriminately. Therefore, the land under the shipyard is basically not very clean.
Originally, when Li Ka-shing bought Shaorong Steel Plant in the 90s, he spent a huge amount of money to clear the land under the steel plant, and even basically replaced it completely.

Zheng Zhijie nodded and agreed, "I understand, Mr. Yang. Whether it's a residential area or a shopping mall, we take pollution very seriously."

"Okay, since we need design during this period, there's no need to rush." ​​Yang Wendong nodded and said.

In the 70s, Hong Kong real estate was already very popular. Every pre-sale of many residential areas would attract a large number of people to buy, and even many scalpers ran over;

With the auction of the best land, the land price in Hong Kong has further increased. The price of ordinary office buildings in Central has exceeded 3000 per square foot, and the price of a 20 square foot luxury house has reached about . The price of small apartments in some remote areas is also around to .

Changxing Real Estate also seized the opportunity and began to develop on a large scale some of the land accumulated in 67-68. On the other hand, it developed the land it held or purchased from other British companies and developed it into long-term self-owned properties.

In other industries, many businesses are also developing rapidly. Plastics, paper, food, beverages, and home appliances are also necessities. With the gradual expansion of Changxing Group's overseas channels, overseas orders are also pouring in.

Since the production capacity in Hong Kong is insufficient, we turn to factories in Taiwan, Singapore and a small number of factories in Malaysia.

Time soon came to December, and a cold current from Siberia blew directly to Hong Kong, causing the temperature in Hong Kong to drop to close to 12 degrees, which is very rare in Hong Kong's history.

"It's finally feeling a little cold." Yang Wendong couldn't help but shiver.

Although he often encountered temperatures of around minus ten degrees Celsius in the mainland in his previous life, he basically did not experience any cold in the more than ten years after traveling through time. Even when he went overseas, he tried to avoid areas with very cold seasons.

Wei Zetao beside him smiled and said, "It's a rare cold day, but it's a pity that it didn't snow, otherwise the children would be so happy."

"It's still hard for Hong Kong to snow." Yang Wendong shook his head and asked, "How is the research on the material and craftsmanship of plastic beverage bottles going?"

Wei Zetao said: "The process is very certain. It can still be made by blow molding. Although there will be a relatively high scrap rate, it is acceptable for the time being.
The material problem is huge. I chose a variety of PET, but once heated, some toxic substances will be produced. If I want to clean it later, the cost is very high, and there is no guarantee that each one can be cleaned thoroughly. "

"This kind of material research is indeed difficult." Yang Wendong nodded and asked, "Have you recruited anyone from DuPont?"

Wei Zetao said: "We dug up more than a dozen, but only two were willing to come to Hong Kong. I arranged for the others to conduct research in the United States. The direction of their current research is also how to ensure that no toxic substances are generated, or try to lower the heating temperature."

Yang Wendong said: "Okay, continue to invest in research, don't be reluctant to spend money. Our company's investment in science and technology is actually very small."

Many of Changxing Industrial's products are inspired by the prophetic golden finger ideas of time travelers, which naturally leads to high sales and low investment, so low that it can't even compete with marketing;

However, this is also the characteristic of Changxing Industrial. Many of its products are not technical, so there is naturally little research and development.

Wei Zetao agreed, "Don't worry, Mr. Yang, I will never be reluctant to invest in research and development."

"Okay, continue to recruit people from DuPont or other chemical factories in Europe, America and Japan. We also need to expand our R&D team." Yang Wendong nodded and said, "Especially plastics. Watsons and Honor will also need plastics on a large scale in the future."

"Understood, Mr. Yang." Wei Zetao agreed and said, "Mr. Yang, a few days ago, someone from China Resources found me and wanted to buy a batch of pulp from us."

"Pulp? There is a shortage of paper in the country? Then why buy from us? We don't produce pulp either?" Yang Wendong asked back.

In the 70s, it was normal for things to be scarce in mainland China. Without industry, there was a shortage of all kinds of daily necessities, educational supplies, clothes and even agricultural products, because fertilizers are also produced by industry.

Paper looks simple, as it is made of wood. However, making paper from wood requires a variety of complex industrial ingredients, including several strong acids, alkalis, and a variety of organic compounds. And if you want to reduce pollution, even more compounds are needed.

Although Changxing Group has a papermaking business, it basically does not involve the front end of the papermaking business, and pulp and the like are also purchased from Southeast Asia.

Wei Zetao said: "Because China Resources plans to import part of the paper pulp from overseas for a long time, it can only find Hong Kong traders to cooperate with, and we are the most suitable target because we have been buying paper pulp for a long time."

"What is the quantity? Does China Resources trade in US dollars or Hong Kong dollars?" Yang Wendong nodded and asked.

In this era, many businesses need to go through middlemen, even for national procurement. You can't use diplomatic relations for just a little business, right? Unless the scale is very large, that's another matter.

Wei Zetao replied: "About 20 to 30 tons a year. China Resources requires a price slightly lower than the international price. The transaction is in Hong Kong dollars. China Resources exports a large amount of grain every year, so it still has some Hong Kong dollars."

"For this purchase amount, the price can be lower. We can negotiate the exact amount." Yang Wendong thought for a moment and said, "Go ask if the country is planning to import some supplies on a large scale?"

In the early 70s, China began large-scale overseas purchases, referred to as "43 Purchases", involving US$ billion in funds, including dozens of large-scale equipment, technologies, etc.
Naturally, he couldn't interfere with these large production lines, but as long as the trend started, many daily necessities in the country would start to be purchased from abroad, and Hong Kong would be the best transit point.

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(End of this chapter)