Chapter 611 Investing in Goldlion

The ping-pong table was a piece of cake. The next day, someone delivered several sets of wooden tables. The children of the Yang family were over one meter tall and could barely play. After exploring it for a while, they became interested and started playing against each other.

Yang Wendong also played for a while with several bodyguards. As a low-intensity aerobic exercise, table tennis is quite good. It is not very intense and is much more interesting than boring jogging. It is okay to play it moderately.

On the 29th, Yang Wendong was at home watching TVB.

Over the years, TVB has produced many good TV dramas and variety shows with sufficient financial support. In addition, it has also used the overseas connections of Changxing Group to enter Singapore, Malaysia and some Southeast Asian countries, and has obtained good profits. With sufficient profits, the entire company is also developing smoothly and healthily.
Even Rediffusion Television developed well. In 67, it was successfully transformed into a wireless channel. Then it poached some people from TVB to create its own programs. Over the years, it also produced some good works, although they were still far inferior to TVB.

In the morning, TVB was broadcasting a replay of the last match between mainland and Hong Kong table tennis players. This kind of replay is very normal in today's era of scarce programs. There are also many people who did not have time to watch it during the first broadcast and could only wait for the second time.

In addition to the game itself, the TV station will also scan the audience seats and surrounding billboards when the game is suspended or other events are suspended. After all, TV stations need advertising revenue;

For the audience, watching various advertisements is for watching the programs, but for the TV stations, they shoot various programs and TV series just for that little bit of advertising time and revenue.

Suddenly, a red billboard caught Yang Wendong's attention. He picked up the phone next to the sofa and dialed it, saying, "Aying, there's an ad for Goldlion Ties in the TVB broadcast of the table tennis match between the mainland and Hong Kong. Find out the details about this company and tell me."

"Yes, Mr. Yang." Aying on the opposite side immediately agreed.

After hanging up the phone, Yang Wendong recalled some things;
In the past, Hong Kong had many large conglomerates and companies, but after the 90s and the new century, basically only real estate, infrastructure or some monopoly enterprises remained, and the manufacturing industry was almost wiped out;

However, there are also a few companies that took advantage of the reform and opening up opportunities to enter the mainland market and gain development opportunities, such as VTech Group, a 21st century manufacturing company with a scale of tens of billions. In addition to the electronics industry, some companies from Hong Kong's most famous textile and toy industries in the early days also remained, among which the more famous one is Kingly.

Goldlion is best known for its ties. It has taken a very special route, avoiding competition with giants and thus firmly gaining market share in Hong Kong and surrounding areas. After the reform and opening up of the mainland, it also seized the opportunity and developed successfully.

Moreover, the founder of Goldlion has very good relations with the domestic situation. Like Hu Yingxiang, he not only invests in the domestic situation, but also does a lot of charity. Compared with those real estate developers who only know how to suck blood in Hong Kong or even in the domestic situation, such Chinese capitalists are much better.

The next morning, assistant Aying brought Qi Ruifan from TVB to Yang Wendong's office.

"Mr. Yang." Qi Ruifan said hurriedly.

"Sit down." Yang Wendong also greeted him and asked, "What's the matter with this company, Goldlion? Tell me about it."

Qi Ruifan immediately replied: "Mr. Yang, Goldlion is a textile company established three years ago. It mainly produces ties. It has made some achievements in Hong Kong and has a certain reputation.

When the domestic table tennis team came to Hong Kong, Zeng Xianzhi, the founder of Goldlion, approached the TV station and wanted to place an advertisement. He spent HK$3 and got an advertisement spot.

But there is something else going on here. Zeng Xianzhi had no money at first and wanted to borrow money from TVB. My business manager did not agree, but still found Hang Seng Bank to borrow money for him.

"You can't even take out 3 Hong Kong dollars?" Yang Wendong asked back, "Didn't you say that you already have a certain scale?"

In this era, 3 Hong Kong dollars can buy a house on the Kowloon Peninsula, which is not a small amount, but for a larger factory, it is nothing.

Qi Ruifan explained: "I asked the business manager about this. It may be because Goldlion has just invested in building a factory, so the funds are not very good, or Zeng Xianzhi wants to save money by making money without doing anything."

When his boss asked him about this matter, he was very confused. After being informed by his boss's assistant yesterday, he immediately checked various materials overnight and almost found out the ancestors of Zeng Xianzhi for three generations.

Yang Wendong nodded and said, "That's right."

No matter what business you do, it is better not to use your own money if you can. You can even delay the payment appropriately. Otherwise, if you need funds one day but don’t have them, you will definitely die. This is a trick for any company to save its life.

Of course, from the perspective of the entire society, this is very bad. If everyone does this, many companies will be unable to recover their funds.

Qi Ruifan added: "I checked the company Goldlion again. Now their factory has more than 100 employees and their annual turnover is close to one million Hong Kong dollars. They don't need a special store for their ties. They can just find various stores to cooperate with them for consignment sales.

Because it doesn’t take up much space, the quality is good, and the price is not expensive, many stores are very welcoming, including Yiran’s House, which also sells Goldlion ties.”

"It's really good to find this entrepreneurial direction. It's much simpler than clothes, socks and the like." Yang Wendong also praised.

If you want to sell clothes, you have to visit a special store. Whether you build it yourself, rent someone else's location, or simply supply goods, the competition is very fierce. Socks and the like do not require much technical content and are not expensive.

Qi Ruifan nodded and said, "Yes, this time it's on TV, I guess the sales will be even higher in the future." "Okay, I got it." Yang Wendong looked at Aying and said, "Ask Fang Xianming to come over."

Ah Ying said, "Okay, Mr. Yang."

After a while, Qi Ruifan left, and Fang Xianming followed Aying here: "Mr. Yang."

"There is a company here called Goldlion. You can contact them and see if you can invest some money." Yang Wendong handed over the information about Goldlion.

Even with Goldlion's future performance, Yang Wendong was not impressed, but Zeng Xianzhi was a person worthy of investment and support among Chinese companies, so he paid special attention to him;
However, the scale of Goldlion is too small nowadays. If he invests personally, it would be a bit of an overreaction.

Fang Xianming took the information, looked at the name, and said, "Goldlion? I know this company, but I've only heard of it."

"You know quite a lot of companies?" Yang Wendong asked with a smile.

Fang Xianming explained: "I have to learn about all the companies of certain scale in Hong Kong one by one. Maybe there will be suitable ones for investment among them."

As the head of Changxing Financial Company, Fang Xianming's first task is naturally to follow the boss's arrangements and acquire the stocks of a certain company or directly acquire it, etc.; in addition to this, he also needs to demonstrate his own value, which is to find companies with great potential in Hong Kong and then invest in them.

"Well, what do you think of this company?" Yang Wendong asked again.

In fact, whether it is a real estate company or a financial company, he, as the boss, is basically only responsible for some core matters. The daily operations of these two companies are all their own responsibility;

He will also give his subordinates some appropriate rights and let them make their own decisions on small investments. Ultimately, the company's results will be reflected in its annual report.

Fang Xianming replied: "Goldlion has only been established for a few years, and it has developed very quickly. Their ties are of good quality and low price, and they have good potential. However, the time is too short to see their future performance, so I just know about this company."

"Your idea is not wrong, but I am more optimistic. Anyway, there is not much money. You can go and talk to them and invest a little." Yang Wendong said: "After the investment, Goldlion's ties can enter Carrefour, and Changxing Trade will also provide overseas channels."

The function of the Future Prophet's Golden Finger is naturally difficult to explain, nor is it necessary. It is a small investment in itself, and a word from the boss will do.

Although professional managers sometimes have their own ideas and will give suggestions when they think the boss is wrong, they will only do so on major issues.

Fang Xianming immediately agreed: "Okay, Mr. Yang, with our resources, we can definitely expand Goldlion's scale more than tenfold in the future."

Just the fact that Carrefour tilts its purchasing towards a certain company is enough to have a huge impact. The same is true for Changxing Trading Company, which also knows many channels for different commodities overseas.

If any large conglomerate really gathers resources to help small companies, the power it will have will be terrifying.

That afternoon, in Goldlion's industrial building in Kwai Wan, Zeng Xianzhi looked at the Mercedes-Benz car and hurriedly stepped forward and said, "Mr. Fang, welcome to Goldlion."

An hour earlier, he received a call from someone who said he was from Changxing Financial Company and wanted to visit Goldlion Company.

He didn't believe it at first, but after seeing the other party's luxury car, he was almost certain. Although many rich people can afford a Mercedes-Benz, there is no need for such a person to pretend to be from Changxing Group to deceive himself. If he was discovered, he would offend others.

Fang Xianming also shook hands and said, "Mr. Zeng, hello, I just came to take a look around."

"Please." Zeng Xianzi quickly pointed the way;

After they walked around a factory with an area of about 3000 square feet, Fang Xianming said with a smile, "Mr. Zeng, your company is a bit small, and there are too many things piled up."

Zeng Xianzhi said quickly, "Yes, business has been good recently. Office workers in Hong Kong like to wear suits, and ties have gradually become a necessity. In addition, my ties are also exported to Hong Kong, where the demand is even higher."

"Exporting to Japan, that's great? Japan really needs ties there." Fang Xianming had also been to Japan many times and naturally knew the situation there.

Zeng Xianzhi laughed and said, "It's just a way to make a living. It's far inferior to Changxing Group."

Fang Xianming nodded and asked, "Mr. Zeng, you know I'm from Changxing Financial Company, and I'm responsible for investment business. I'm optimistic about your Goldlion, so I want to invest in some of it. How about it?"

PS: Please give me a monthly ticket
(End of this chapter)

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