Subtract the funds used by Chu Huan to pay Sun Hung Kai, New World, and Hopewell Properties, and subtract the funds needed to acquire Hang Lung Properties.
At this time, Chu Huan still had 430 million Hong Kong dollars in cash.
In addition, the delisting and privatization process of Hang Lung Properties has been completed, and Chu Huan also injected HKD 50 million into Hang Lung Properties as he said before.
In other words, Chu Huan still has 380 million Hong Kong dollars in cash in his hands at this time!
How to use this 380 million Hong Kong dollars to successfully create more wealth has become Chu Huan's happy worry at this time!
The safest way is to throw the 380 million in cash into the Xiangjiang real estate industry to hoard more land. In this case, when the Xiangjiang real estate industry takes off again in 1976, Chu Huan will have this 380 million in cash.
, will increase exponentially.
But this timeline is too long, and if there is any urgent need for money in the middle, it will not be easy to cash out.
Moreover, Huhua Real Estate and Hang Lung Real Estate, the two real estate companies under Chu Huan's name, have plans to hoard land. If Chu Huan joins in now, it will be too concentrated on their own assets.
Let’s first take a look at the property in Chu Huan’s hands at this time!
Those that are 100% controlled include Black and White Image, as well as Shanhai Cinema, a wholly-owned subsidiary of Black and White Image, "Fantasy Comics", as well as "Jianghu" martial arts magazine controlled by "Fantasy Comics" with 60% control, and "Jianghu" with 80% control
"comics.
Jiahu Textile, as well as Qingjin Clothing, a subsidiary of Jiahu Textile, which is jointly controlled with Juvenile Investment, Huhua Real Estate, which holds 95%, and Tianhai Real Estate, which holds 60%!
Of course, there is also Hang Lung Properties, which is now 100% controlled.
There are also two major factories that will start construction next year, a printing factory and a toy factory.
Tianhai Real Estate's Huaye City will officially start construction next year. According to the proportion of Huhua Real Estate controlling Tianhai Real Estate, Huhua Real Estate needs to come up with 120 million in cash to support the start of the Huaye City project.
Chu Huan has already called Lu Qi. Huhua Real Estate will only be able to come up with 50 million in cash in February next year, and the remaining funds will be used to hoard land.
In other words, Chu Huan will still need to invest about 66.5 million in cash for Huhua Real Estate by then, while Sun Hung Kai Properties will need to spend 3.5 million to match its shareholding.
If calculated this way, Chu Huan only has 313.5 million in cash left.
It's still a happy worry!
However, this happy worry is only temporary for Chu Huan, because Chu Huan has already thought about how to use the money.
On this day, the sky is clear and clear, the Hong Kong Jockey Club!
Some people say that membership of the Hong Kong Jockey Club is a symbol of status in Hong Kong, but Chu Huan no longer needs to use membership of the Jockey Club to prove his status in Hong Kong.
On the contrary, when the Huaye City project was launched, the Xiangjiang Jockey Club had already taken the initiative to invite Chu Huan, and Chu Huan naturally became a member of the Jockey Club!
"Director Chu, why are you in such a mood today to ask me out to watch horses?"
Hu Yingxiang's life has not been easy recently. After the Huaye City project came out, Hopewell Real Estate stopped the bleeding in time and the stock price began to rise. However, due to the outbreak of the war, Hopewell Real Estate's stock price fell again. Fortunately, Huaye City
This project is in.
Xiangjiang's stock investors gave Hopewell Properties some confidence, which also made Hopewell Properties' share price not fall as sharply as it did in another time and space.
In another time and space, Hopewell Properties’ stock price even fell below one yuan!
Chu Huan stood by the window and looked at the galloping horses in the racecourse. Hearing the deafening cheers, he signaled Hu Yingxiang to return to the booth to discuss business.
After the two of them sat down, a waiter from the Jockey Club had already brought red wine.
"There is something I want to discuss with Director Hu!" Chu Huan said with a smile.
Hu Yingxiang laughed and joked: "Dr. Chu, what else do you want to discuss with me now?"
Chu Huan chuckled and said, "I really need to discuss this matter with you, Mr. Hu."
Seeing that Chu Huan didn't seem to be joking, Hu Yingxiang asked curiously: "What's going on?"
“I know that Hopewell Real Estate has a piece of land in the seaside area of Tseung Kwan O, Sai Kung, which is about 150,000 square feet. I was wondering if Mr. Hu’s Hopewell Real Estate has no idea of developing that land now, can it be transferred to me?
"
Chu Huan expressed his thoughts.
Hu Yingxiang was stunned for a moment. He didn't expect that Chu Huan was talking about this matter, so he said: "Hopewell Real Estate does have a piece of land there, but there are no residents or commercial facilities there. It will take at least seven weeks to wait.
It takes eight years to see the value, Ah Huan, why did you choose that piece of land!"
Chu Huan said with a smile: "Currently, black and white film shooting is still rented at Shaw Brothers Clearwater Bay Studio and Golden Harvest's Cathay Studios. Although there are still two or three years of lease, it is not as smooth as having your own studio to shoot, so
I just want to see if Mr. Hu is willing to part with the piece of land in his hands!"
Establishing his own studio is something Chu Huan has already thought about. Previously, all the cash in his hand was useful, so he did not put this matter on the agenda.
But things are different now. From now until next year, the land price in Xiangjiang will be the cheapest in the past ten years. Chu Huan has more than 300 million in cash in his hands. Naturally, he wants to build his own studio.
And in another time and space, in the 1980s, the Hong Kong government will develop the Tseung Kwan O area and build new towns. By then, the land price of the land in its hands will also rise rapidly. After 2000, the land price will be even more terrifying.
, at that time Chu Huan could completely move the filming base to his hometown.
Hu Yingxiang couldn't help but admire: "Director Chu, I'm really curious about how much cash you still have on hand. You actually want to build your own studio after acquiring Hang Lung Real Estate."
This is another project worth over 100 million yuan.
No wonder Hu Yingxiang is not surprised!
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Chu Huan smiled and did not directly answer Hu Yingxiang's question, but asked directly: "I wonder what Director Hu means?"
Hu Yingxiang simply thought about it and agreed to Chu Huan's proposal. Although Hu Yingxiang just said that it would take at least seven or eight years to develop that area, but according to the current situation of Hopewell Real Estate, that area remains
What I have is a piece of useless money. Hopewell Real Estate may not have time to develop in ten years, let alone seven or eight years.
In fact, if Chu Huan had not appeared, this land would have been sold by Hu Yingxiang next year.
Seeing that Hu Yingxiang agreed to his deal, Chu Huan smiled and said, "What about the price of this land?"
"3.2 Hong Kong dollars per square foot!" Hu Yingxiang said directly.
When Shao Yifu purchased the Clear Water Bay studio land from his second brother, the price was HK$0.45 per square foot. Although the land price in Xiangjiang has increased more than ten times compared to that time, it is still a good place to score. Take this piece of land now.
To put it simply, it is a wasteland with no signs of development around it.
Therefore, ten times the price is impossible, but the average land price is definitely more than 3.2 Hong Kong dollars per square foot. This is Hu Yingxiang's help to Hopewell Real Estate before thanking Chu Huan.
At HK$3.2 per square foot, Hu Yingxiang has 150,000 square feet, and the total price is only HK$480,000.
If it were just this price, Chu Huan wouldn't be needed.
So the next step is Chu Huan’s purpose of meeting Hu Yingxiang in person!
"I know that Dong Hu has a good relationship with the aborigines in Saigon and some real estate developers. Building a studio with 150,000 square feet is not enough, so I need more land, which is connected to Dong Hu's land.
That part!”
Hu Yingxiang also understood that it was impossible for Chu Huan to meet him in person for a deal of less than one million. Now it seemed that Chu Huan really wanted to build his own studio.
"I wonder how much you want, Mr. Chu?"
Chu Huan said: "The bottom line is 800,000 square feet, but it is best to reach more than 1.2 million square feet!"
Hearing what Chu Huan said, Hu Yingxiang couldn't help it anymore: "1.2 million square feet? Although the land price is nothing, 1.2 million square feet is just over 4 million, but if you want to build your own studio...
.....I remember that it cost 40 to 50 million to build the Shaw Brothers Clearwater Bay studio, but that was in the 1950s and 1960s. If you want to build such a large studio now, then at least
It’s also an investment of over 100 million!”
Regarding Hu Yingxiang's surprise, Chu Huan didn't say anything. He had more than 300 million in cash in his hand, and now a studio only invested more than 100 million. Would Chu Huan care?
“Then let’s leave this matter to Dong Hu?”
Hu Yingxiang nodded and said: "No problem, but it will take at least a month or two to take over such a large piece of land!"
Chu Huan nodded and said: "No problem, I can still afford to wait at this time."
With this guarantee from Chu Huan, Hu Yingxiang no longer had any objections and said: "Then, Director Chu, just wait for my news!"
But after saying that, Hu Yingxiang couldn't help but said to Chu Huan: "Director Chu, how about we discuss something?"
Chu Huan seemed to have already known what Hu Yingxiang was thinking, and said with a smile: "The construction project of the studio will be completed by Hopewell Properties!"
Although Chu Huan now owns Huhua Real Estate and Hang Lung Real Estate, these two companies do not have their own construction companies. Chu Huan originally wanted to acquire Kinmen Construction, but after discussing with Land and Land, they did not have it now.
plans in this regard.
Chu Huan could only give up and look for another opportunity!
Within a month or two, Chu Huan didn't think he could acquire a fully qualified construction company in such a short period of time.
It would be better to hand it over to Hopewell Real Estate. Although 25% of the construction company held by Hopewell Real Estate had gone bankrupt and liquidated, for Hu Yingxiang, this was not a problem at all. After buying a stake in Huaye City, Hopewell Real Estate took advantage of the rising stock price.
, reorganized into a fully controlled construction company.
Hu Yingxiang then discussed with Chu Huan about the specific situation of the studio. After referring to Shaw Brothers' Clear Water Bay Studio, Chu Huan planned to build it into the largest film studio in Asia.
There are modern photo studios, a "Color Center" with advanced and complete facilities, and a fully functional office building.
In addition to the darkroom and printing shop for developing copies, there are also a dressing room, a costume room, a set room, a carpentry department, a masonry department, five staff dormitories, 300 units, three canteens and other places with complete living facilities.
.
The most important studio area is indispensable. The modern area, the Republic of China area, the costume area, etc. will make this place surpass the Clear Water Bay Studio of Shaw Brothers.
Listening to Chu Huan's description, Hu Yingxiang understood that this project must have cost over 100 million yuan.
"Before the land acquisition is completed, I will calculate the budget!" Hu Yingxiang said to Chu Huan seriously.
If Hopewell Properties can win this project, then this will be another exciting news for Hopewell Properties shareholders, and it will increase Hopewell Properties' stock price again.
Hu Yingxiang has to take it seriously!
Chu Huan nodded with satisfaction and said: "As I said before, I leave everything to Director Hu!"
Hu Yingxiang said seriously: "I should thank you, Director Chu!"
After the serious talk, the two watched two more horse races before leaving the Jockey Club.
According to Chu Huan's plan, the entire studio will take at least three years from start to finish. The entire project will require a maximum investment of 120 million, and the initial investment will not exceed 60 million.
So Chu Huan’s money-burning journey continues.
This time Chu Huan invited Chen Haichao to his villa in Repulse Bay.
"Preparations for the Rookie Singing Contest are almost complete. The qualifying round will be held in December, and the promotion round will be broadcast live on TV during New Year's Day!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Chen Haichao thought that Chu Huan called him here because he wanted to ask about the rookie singing competition.
But Chu Huan shook his head directly and said: "You can just take care of that matter yourself. I called you here this time to tell you something else."
Chen Haichao was slightly startled and asked, "What's going on?"
"Within one year, I want Brother Audio and Video Chain Store to open 400 chain stores in Hong Kong. Can it be done?"
Chu Huan asked Chen Haichao directly.
After hearing this, Chen Haichao was stunned. Chu Huan had discussed with him before that he would give him five years to do this, but now Chu Huan actually advanced it to one year.
After carefully considering what Chu Huan meant, Chen Haichao said seriously: "It's possible in terms of time, but we don't have enough cash from Brother Audio and Video."
In the 1970s, a brother video store's monthly profit was about 9,000 Hong Kong dollars, which was more than the monthly income of a Yunhai convenience store. But unlike Yunhai convenience store, even in the era of Chu Huan's rebirth,
The convenience store is still open, but the video store has disappeared for who knows how many years.
The rest is just a distribution center for some enthusiasts.
Another difference is that every employee in Yunhai Convenience Store has been trained to work, but Brother Audio and Video does not need this.
Now there are 65 Brother Audio and Video chain stores. The most important expenditure in establishing a chain store is the expenditure used to acquire properties.
If Chu Huan wants to build 400 chain stores in Xiangjiang within a year, there will still be 335 stores even if the previous 65 are removed.
Calculated based on the cost of each store of HK$300,000, this would require HK$100 million!
Even if Brother Chain is now a big money-making company, he can't afford that much money for Brother Audio and Video at this time.
"How much liquidity does Brother Audio and Video have now?" Chu Huan asked.
"Less than 3 million!" Chen Haichao said helplessly. Compared to 100 million, these three million are really a drop in the bucket!
Chu Huan said nonchalantly: "Tomorrow I will ask Beihai Investment to put 100 million Hong Kong dollars into the company's account and do my best to complete this matter."
Chen Haichao couldn't help but asked curiously: "Brother Huan, why are you so anxious all of a sudden?"
The reason why Chu Huan is anxious to expand Brother Audio and Video is not only because he has too much cash in his hands, but also because of Chu Huan’s big plans later!
"I am planning to set up another factory in Xiangjiang, specifically for the production of electrical equipment!"
Chu Huan's words made Chen Haichao even more confused. What does establishing an electrical equipment factory have to do with expanding Brother Audio and Video?
Chu Huan explained without leaving Chen Haichao confused for too long.
"Did you know that Sony is working on a Betamax video recorder?"
Chen Haichao shook his head honestly and said: "I don't know!"
Chu Huan was not surprised at all by this answer. At this time, home video recorders had not yet been developed, but the format war for video recorder equipment had already begun to take shape.
In 1971, Sony and Panasonic jointly developed and launched the first file format for video recorder equipment-U-Matic. This format was mainly used for professional TV program recording, but it was not available in the home market.
It caused too much trouble.
Subsequently, various manufacturers in Japan began to launch their own video tape formats, including the Betamax format just launched by Sony, as well as JVC's VHS format next year, Philips' Video2000 format, Sanyo's V-Cord format, etc.
In 1976, JVC will launch the first VHS format video recorder, the VictorHR-3300!
Since then, video recorders have entered thousands of households.
For Chu Huan, this product is a real cornucopia, not just a video recorder, but also a video tape.
The production cost of a video tape is only 2 Hong Kong dollars, but the price of a video tape can reach a terrifying 80 Hong Kong dollars.
40 times profit!
What Chu Huan has to do now is to seize this market in advance and develop a VHS format home video recorder earlier than JVC.
If successful, Chu Huan will not only be able to officially enter the electrical appliance market with this product, but it can also be extended to a series of projects such as other household electrical appliances and electronic equipment.
In addition, if he can occupy this market before anyone else, then the video tape market in the movie market can also bring massive wealth to Chu Huan!
Therefore, the electronic equipment factory must be built, and it must be built as quickly as possible!
Not only must it be built, but a huge amount of money must be invested in research and development, poaching people in Japan, and seizing patented technology. Therefore, after building its own studio, all the remaining cash from the investment brothers chain will be invested in this project!
Chu Huan smiled and said: "It's normal not to know. You just need to know that this project is the one I value most in the next two years, surpassing the Huaye City project.
Kelly, the person in charge of Beihai Investment, will come to Xiangjiang in two days. At that time, he will discuss the construction of the factory with you. You will be responsible for all the procedures for building the factory, while Kelly will be responsible for recruiting people to buy the factory.
Equipment and other things.”
After hearing Chu Huan say that this project turned out to be his most important project in the past two years, and it even surpassed Huaye City, Chen Haichao finally understood the importance of this matter to Chu Huan.
"I understand, then I will start this matter immediately. There are many factories in Tsuen Wan, and there is no shortage of land and assembly line workers. How about building a factory there?"
Chen Haichao asked Chu Huan.
Because Chu Huan has no plans to make his relationship with Brother Audiovisual public until now, Chen Haichao needs to handle all matters on the surface by himself.
Chu Huan nodded and said, "Okay!"
We should be grateful to Xiangjiang in this era. If we had waited another five years, impetuous Xiangjiang would not have given Chu Huan the soil to build an electronic equipment factory.
This chapter is not finished yet, please click the next page to continue reading the exciting content! But Chu Huan doesn’t care, as long as this factory can persist in Xiangjiang until the early 1980s, and by that time, Chu Huan will be able to
Move the factory to your hometown. In order to avoid unreasonable speculation in the Western world, you can keep the R&D department and headquarters in Xiangjiang!
But all of this is a stop-gap measure. After the 10s of the next century, you won’t have to worry about these things!
Or if Chu Huan's own influence reaches its peak early, you don't have to worry about it.
Take a good look at the things in front of you first!
Spend money like water!
In one day, Chu Huan had already arranged more than 300 million Hong Kong dollars.
Of course, Chu Huan still kept 10 million Hong Kong dollars for himself. After all, the studio only required about 60 million Hong Kong dollars in the early stage. After the studio started construction, the subsequent funds and the income from black and white images would be enough to cover it, even if it was black and white.
Video is still working on expanding its cinema lines.
"How is it? Will it be stressful?"
Chu Huan and Chen Haichao came to the swimming pool behind the villa. At this time, the servants at home had already set up the oven and prepared all the ingredients for the oven.
Chu Huan and the others only need to complete the final baking process.
Previously, due to his personality, Chen Haichao's presence in Chu Huan's small team had not been very high. In addition, the audiovisual brother he was responsible for was the least technical.
Now that Chu Huan suddenly puts such a big matter in his hands, it is obvious that Chen Haichao's ability and mental endurance will be tested at this time!
Chen Haichao put a pair of chicken wings on the oven and said with a smile: "Brother Huan, don't worry, the pressure is not that big, it's more of excitement!"
This is Chen Haichao. If it were Zhu Xiaozhao who suddenly accepted such a big thing, he would definitely be nervous and unable to sleep for several days. But for Chen Haichao, the greater the pressure, the more motivated he will be.
powerful.
To describe the protagonist in martial arts novels, he is the kind of being who is not afraid of big scenes and gets stronger when he encounters a strong person. He leaps and kills.
Chu Huan and Chen Haichao clinked beers and said with a smile: "Don't be careless. Japan is already ahead of us in the development of video recorders. If we develop it, it will definitely cause a format war. The situation will be different then."
It’s more complicated than you think.”
Chen Haichao nodded and said: "Understood, during this period I will specially visit some experts in this field to learn from them!"
In Hong Kong, and even in most parts of the world, there is basically nothing you can't do if you have money at this time.
You can ask a private teacher to teach you these experiences. Although you don't need to learn from others, you can accumulate more experience on your own.
Despise the enemy strategically, and pay attention to the enemy tactically!
Chu Huan once discovered that there were quotations from teachers in Chen Haichao’s home!
Chu Huan smiled and did not say anything more about this matter. He would definitely keep an eye on this matter in the future, but in order to train this person, he must have to experience more things personally.
The battle of formats is not indestructible!
While Chu Huan and Chen Haichao were chatting, Liu Pingkui, Bao Tianming, and Zhu Xiaozhao also arrived at the villa in Repulse Bay.
In particular, Bao Tianming took off his leather jacket and leather trousers, dressed up like a young and Dangerous boy, and wore a well-tailored suit. At first glance, he looked completely different from the previous Bao Tianming.
But when Bao Tianming came here, his true colors immediately emerged.
He threw the suit worth several thousand yuan aside, pushed away Chen Haichao who was sitting there, grabbed the beer from his hand, and drank a lot of it for himself.
"It's quite comfortable. You don't know that during this period of time, I was very tired from drinking wine and eating Western food with those people every day."
Bao Tianming complained bitterly.
After the other four people listened, they all showed knowing smiles.
"I'm still comfortable with Snake Ming, Yu Toubiao and the others. I can scold you if you want, hit me if you want, and you don't have to worry about their overthinking. Now these people, each and every one of them, can't wait to give you a lot of trouble."
Come up with something."
Bao Tianming continued to complain.
Everyone continued to laugh.
Then Bao Tianming said to Chu Huan: "Ah Huan, the wood supplier is not good. I went to see them on site. Although they prepared the standards we wanted, I saw that boy was sneaky and talking to the construction manager.
The way you are mumbling, there must be something wrong here!"
Chu Huan smiled and said, "Have you told Lu Qi about this?"
Bao Tianming nodded and said, "I told you, but Lu Qi said that person has a long-term cooperative relationship with New World. It's hard to say anything without real evidence."
Chu Huan nodded and said: "Don't look at Lu Qi, he is fat and round, but he is very cunning. You can learn a lot by staying with him. Just let him handle this matter by himself. I believe he will handle it."
OK!"
Bao Tianming asked suspiciously: "Do you really believe in that Lu Qi?"
"I can't say I believe it 100%, but at least at this stage he has no reason to do bad things, and you have already told him. I believe that according to his temperament, even if this matter is related to him, he will immediately
Skim it clean!"
Chu Huan preached.
Chen Haichao added from the side: "Brother Tianming, don't worry about anything now. Just look at Lu Qi's reaction. If he is waiting to seize evidence before dealing with that person, it means that this matter has nothing to do with him.
, if he deals with that lumber supplier now, then you will have to pay attention to this Lu Qi in the future!"
Bao Tianming shook his head helplessly and said, "You guys!"
Zhu Xiaozhao curiously asked Chu Huan at this time: "Brother Huan, where is Sister Yunshang?"
"I'm back, I'm back!"
At this time, Cao Yunshang also walked over with a proud look on his face!