Chapter 389 [Field of Traditional Chinese Medicine]
Time flies, and three weeks have passed in the blink of an eye.
During this period, Lin Zuhui conducted inspections in the United States, Canada, and the United Kingdom, but did not make any specific investments.
Moreover, he mainly does it for two things:
First, prepare a family office; he not only chose to cooperate with Korn Ferry, but also with a British headhunting company.
Second, inspect the branches of Hengjin Investment; with crude oil futures speculation imminent, Lin Zuhui had to check it in person to feel at ease.
During this period, Lin Zuhui also purchased overseas properties for the girls, laying the foundation for their future immigration. So far, except for Wang Lingyin, the other seven (including Lin Zixia) all own luxury villas overseas, with prices ranging from 5 million to 8 million.
Dollar.
Li Jiaxin's most expensive mansion is located in London. It is a manor-style villa covering an area of more than 30 acres, costing a total of US$8 million.
Early May.
Lin Zuhui returned to Xiangjiang. After walking around various companies, Lin Zuhui felt very satisfied, but also a little bit disappointed.
I am satisfied because everything in the company has been running well during my absence for more than twenty days; I am disappointed because I feel that my importance has been challenged.
Of course, the loss only lasts for a moment!
Just as he predicted, as long as he is alive, these companies will become stronger and stronger, and he has become a kind of spiritual support.
For example, the core executives of New Era Group all know that in the next few years, New Era Real Estate will focus on land reserve as an important policy; because as long as more land is reserved, there will be land to build houses in the future, and the houses built will be cheaper and more profitable.
.
In the previous life, New World Development did not pay attention to land reserves, and its competitiveness was greatly reduced later. In this life, New World Development is also moving in this direction. New World Development attaches too much importance to the hotel industry, and this industry is much smaller than the office building industry.
The capital is still slow, and the annual income is only about 6% to 10%.
In the office, Lin Zuhui looked at the stock price of New Era Group on the computer at 18.66 yuan per share. The total market value has exceeded 28 billion. The market value has risen so fast, in large part because Lin Zuhui's "warrants" have been exchanged for real shares.
The total share capital has become 1.5 billion shares, and Lin Zuhui holds 49.5% of the shares.
Due to the privatization of Cathay City by Chinese real estate developers, the market value of the consortium controlled by Lin Zuhui has been greatly reduced. His own wealth is tightly attached to Li Chaoren. After all, Li Chaoren does not directly hold shares in Hutchison Whampoa and Hong Kong Electric.
Li Chaoren will eventually privatize Hutchison Whampoa, or arrange for a merger between Cheung Kong and Hutchison, which is more in line with the interests of the family; but with his current financial resources, or that the market value of Cheung Kong is far lower than Hutchison, there is no way
cannot be privatized.
On the contrary, Lin Zuhui’s privatization of Chinese Real Estate, Cathay City, has been repeatedly praised by financial commentators!
Although Lin Zuhui's privatization and reorganization were so easy, it was actually based on his personal financial strength and analysis of the situation; other consortiums have no idea how many twists and turns they have on this.
Needless to say, Liu Luanxiong spent his energy on asset restructuring in his previous life and wasted many opportunities; it was not until the 21st century that Li Chaoren had the strength and opportunity to arrange for the merger of Changshi and Hutchison.
"Dong dong" the knock on the door sounded.
Assistant Li Ke brought Liang Zhenxun and Lu Donglai to the office.
"boss"
"sit down"
Lin Zuhui leaned on his chair and said relaxedly: "Manager Lu, how is the discussion with Weixin Group going?"
Lu Donglai sat on the sofa, looked more serious, leaned forward and straightened his body and said: "We've almost reached an agreement, the current price is 580 million!"
Lin Zuhui nodded and said: "After we have reached an agreement, we are ready to sign the contract. All the funds for the acquisition will be loans. After the acquisition is completed, Weixin (Hong Kong) Parking Management will operate independently as a group system, and all the loans for the acquisition will be linked to Weixin (Hong Kong).
"
Lu Donglai and Liang Zhenxun nodded. The purpose of doing this is because Weixin (Hong Kong) has huge profits every year, and it will not increase the group's debt.
Lu Donglai asked: "How will Weixin (Hong Kong) develop after we take over it? Boss!"
Does he mean to increase investment or just sit back and enjoy the dividends? People will still ask Lin Zuhui for his opinion on the group's overall policy.
Lin Zuhui said: "The purpose of acquiring Weixin is to build the largest parking lot management company in Hong Kong. Therefore, it is natural to maximize investment in parking lots. Don't worry about higher loans. It is just a matter of not making profits for a few years.
But the long-term benefits are very good.”
Lu Donglai nodded and said, "Okay, I understand!"
Lin Zuhui added: "Just arrange senior staff, you need to coordinate and manage the comprehensive department!"
"Ok, I know!"
Seeing that it was his turn, Liang Zhenxun immediately said: "Boss, would you like to arrange to repay the 2 billion debt? The company's current cash flow is 2.5 billion, which is quite sufficient!"
There is no problem that New Era Group's net profit from real estate development this year will exceed 2 billion, and may even exceed it by a lot. Adding in rental income of 1 billion and others, Lin Zuhui predicts it will be more than 3.5 billion. Regular profits are still not as good as those of Cheung Kong and Cheung Kong.
It was already 3 billion last year, and I am afraid it will exceed 4 billion this year.
But if you add in non-recurring profits, it will definitely exceed it!
"Construction fees, interest, and land purchase expenses will not be affected, right?"
"No, our Finance Department has calculated that it is more convenient to repay a 2 billion loan! If there is a project, we can also get a direct loan!"
Lin Zuhui thought for a while, and if Chinese real estate companies were to speculate in crude oil futures, 300 million yuan would be enough, and there would be no need to invest too much.
"Okay, let's arrange the repayment! Moreover, in June and July, I am also preparing to raise funds through a rights issue!"
You have to subsidize some of your own funds, because investing in Xiangjiang real estate will not make money as fast as investing in anything.
Liang Zhenxun was shocked. If New Era Group raised funds, according to the current market value, it would be able to raise more than 2.5 billion in one go, and the company would become rich instantly.
Many wealthy people in Hong Kong are unwilling to raise funds through rights issues because if they do so, they will need to spend too much cash; if they do not contribute, their equity will be diluted and their holdings will become weak.
On the contrary, my boss has always been happy to raise funds for the company through rights issues. This only shows that my boss has made a lot of money financially.
But there is also a problem. Other symbols invest a lot overseas, and they basically use personal funds to invest. Although my own boss is also investigating the European and American markets, he is still unsure of how much to invest.
Liang Zhenxun said: "In this way, our debt can be greatly reduced, and we don't need to pay so much interest every year!"
Lin Zuhui shook his head and said: "I am not raising funds through rights issues for debt, but because we must seize these few years to develop again! Not only that, you can arrange to build the Harcourt Building and the Royal Building.
The price was 3.5 billion, half of the equity was sold to Hengjin Real Estate, and New Era Group received another 1.75 billion in funds."
The price he gave was very reasonable and did not take advantage of Chinese property buyers!
Sure enough, Liang Zhenxun said: "Is the valuation too high? Although real estate has rebounded, office buildings have not improved much due to the withdrawal of foreign investment!"
Lin Zuhui waved his hand and said: "These two buildings were bought for 2.3 billion back then, and now they have a 50% premium. There is still no problem! Make arrangements and don't let anyone find out about them!"
"Okay, I will make sure to arrange formal procedures for the transaction!"
In an instant, coupled with the rights issue, Lin Zuhui personally prepared nearly 3 billion for the company. New Era Group can raise about 4.5 billion in cash before August.
After paying off the 2 billion this time, New Era Group's debt is actually only 12 billion, which is a debt ratio of more than 20%.
The funds raised will naturally be spent immediately by Lin Zuhui. He already has many projects in mind.
Lin Zuhui came to Wei Yixin's office again. It was now convenient for him to enter and exit the Hong Kong government. He made an appointment with Wei Yixin and the meeting could be completed soon.
When Lin Zuhui was sitting on the sofa, Wei Yixin came to the sofa to accompany him without any pretense.
"Mr. Lin, I heard that you went to the UK for a period of inspection this time. How did you gain?" Wei Yixin said with a smile.
I have gained a lot. Lin Zuhui went to the UK this time not to inspect the market, but mainly to build relationships. In fact, he is very popular in the UK, the United States, and Canada.
In the United States, he met with the governor of California; in Vancouver, he met with senior officials of British Columbia; in the United Kingdom, he met with the mayor of London and the conservative Richard Peng. The rest of the bankers and entrepreneurs did not need to
Having said that, there are a lot.
Lin Zuhui himself is very marketable in Europe and the United States because he is young and has the second highest wealth among Chinese people.
"Very good! I have decided to go to London to invest in docks, telecommunications and other fields in the second half of the year! Moreover, this time I purchased real estate in London." Lin Zuhui said without concealment.
"That's great. London welcomes Chinese rich people like you to invest. The investment environment there is very good!" Weixin said. As the governor, he has been reminded by London many times to attract more Chinese wealthy people.
Rich investment or immigration to London.
Lin Zuhui nodded, and then got down to business: "Mr. Wilson Wei, I want to apply for a satellite TV license for Asia Television."
Wei Yixin said in surprise: "What a coincidence?"
Lin Zuhui smiled and said, "Are you talking about Superman Li?"
"Yes, he also came to communicate with me! But I feel very embarrassed, because TV licenses have exclusive rights and are actively granted by the Hong Kong government. If a satellite license is granted, it will not apply to ATV, wireless, or cable.
Fair!"
Lin Zuhui nodded. What Wei Yixin said made sense. However, in his previous life, Superman Li still obtained a satellite license, which shows that the influence of the rich is too great.
"I support your point of view in principle, but our ATV has a TV license. This time it is just adding more channels. And you should know that I am integrating the communication industry and hope to export Hong Kong's culture to Asia. This has nothing to do with the Hong Kong government.
The development of the service industry formulated at that time is the same as that of Xiangjiang's economic development trend."
Wei Yixin suddenly said: "Mr. Lin, actually I admire you very much. You are different from other real estate developers. You have created a lot of economic value that is not available in Xiangjiang!"
Lin Zuhui was taken aback and said humbly: "You are flattering me, I am just trying!"
In fact, he himself is very confident that his so-called "Hong Kong culture" will definitely create great economic benefits. Even if it is not as large and comprehensive as the previous Korean culture, it will at least continue the economy of Hong Kong.
You must know how anxious Mr. Dong of the Chinese Hong Kong Government was during the Asian financial crisis in 1998. He asked Li Chaoren, who was on vacation in Hawaii, to urgently recall Xiangjiang in the hope of starting a 'Chinese medicine industry'. Of course, this can only mean that he was seriously ill at that time.
Indiscriminate medical treatment, Hong Kong's "Chinese Medicine Port" eventually became an empty slogan.
It's not that Lin Zuhui looked down upon Mr. Dong's proposal to "revitalize Hong Kong with traditional Chinese medicine", but that Japan and South Korea had already occupied the market at that time. In addition, Li Chaoren was a pure real estate developer. To put it bluntly, the Chinese medicine port with an investment of 5 billion US dollars has always been his.
Fooling.
Lin Zuhui also wants to do it, but he will be ready to do it soon!
Wei Yixin praised again: "Many of them are your senior businessmen, and they are never as confident as you in doing things. But on your face, I always see confidence. Your mentality is really good!"
Lin Zuhui said modestly again: "No matter what, maybe because I am young, I am not afraid of failure. I just stand up again after I fall!"
Wei Yixin nodded, and finally he said seriously: "I agree in principle with ATV's hosting of satellite TV, but it needs to be approved by the Legislative Council. You can come up with a specific plan and communicate with our Hong Kong government!"
Generally speaking, the Governor will not refute anything passed by the Legislative Council; similarly, if Wilson agrees with something, the Legislative Council will not refute it.
Since Lam Cho-fai has connections with half of the members of the Legislative Council, he is certainly not afraid of failing.
Finally, Lin Zuhui also addressed Li Chaoru: "Mr. Wei Yixin, I can't interfere with the license Li Chaoren applied for, but I hope you will consider the importance of the franchise, so this Cantonese program cannot be broadcast. I believe that TVB
, that’s what cable means too!”
"Okay, we will seriously consider it! Patent rights are indeed crucial!"
The so-called franchise is the "franchise" given by the Hong Kong government. If it can be destroyed arbitrarily, something big will happen! Hong Kong's electricity, gas, buses, telecommunications, aviation, etc. are all franchises.
Back at ATV, Lin Zuhui also held a high-level meeting.
Shi Nansheng officially took up the position of ATV executive and served as assistant chief executive, which for a time made ATV's "women head the family" more meaningful.
"Manager Li, how are ATV's preparations for going public?" Lin Zuhui asked a young man in his thirties.
He is the "God of Wealth" of wireless later generations, Li Bao'an. With his financial expertise, he was eventually promoted to the group general manager of Wireless. It was Lin Zuhui who asked Zhou Liang Shuyi to poach the talent from Lai Sun Group. Of course, before being poached, Li Bao'an could only say
It is the talent that Lin Baixin values not the right-hand man.
“Everything is ready and ready to go on the market at any time!”
"Can it be controlled at the end of June and early July?"
"Yes, our ATV is a high-quality company and can go public without any hindrance!"
"Okay, then wait for my notification!"
In this case, it is natural to wait until early July, when the stock market is at its peak, to go public, so that more funds can be raised, which will be beneficial to ATV's subsequent development.
ATV is required by the Hong Kong government to be listed. We have communicated with Yuan Tianfan of the Stock Exchange and can approve it at any time.
Then, Lin Zuhui arranged: "President Liang and Assistant Shi, you are preparing the 'Asia Satellite TV' team. The programs of Asia Satellite TV are our dramas and TV programs. We also need to create an 'entertainment frontline' to show Hong Kong to all audiences."
entertainment industry.”
Zhou Liang Shuyi immediately asked: "The boss wants to export Hong Kong's entertainment overseas?"
All the executives looked at Lin Zuhui. They felt that the boss seemed to be setting up a big plan. He established YG Entertainment, broadcast the "Music Bank" program, and planned the "Four Kings". Now he hired Shi Nansheng with a very high salary to serve as the overseas director of ATV.
Promote!
Seeing that everyone had questions, Lin Zuhui decided to confess to everyone.
"Yes, after ATV goes public, I will inject DreamWorks into ATV to form a complete communication industry chain. And I am preparing a full entertainment industry chain to make Xiangjiang a star-making factory. In the future, we will expand to the mainland, Japan, and
South Korea and others export entertainment culture”
Lin Zuhui talked a lot, and everyone was shocked. It turned out that the boss was planning the development of cultural industries in Hong Kong, and he also received support from the Hong Kong government.
In fact, there are many things that Lin Zuhui has not said yet. As soon as the mainland opens up in the next year, ATV can cooperate with the mainland to form a huge industrial chain and teach a lesson to the new "Korean Wave" that only appeared in the late 1990s.
Finally, Lin Zuhui said: "The Great Wall was not built in a day. As long as everyone knows this, there is no need to care too much! We are crossing the river by feeling the stones now. There is no so-called failure. No matter how bad it is, ATV can crush Wireless!
"
Everyone nodded. With this genius’s idea, how could Wireless be an opponent?
After the meeting dispersed, Lin Zuhui left Zhao Zhenqiang and asked: "How is the preparation for "The Legend of White Snake" going?"
To put it bluntly, Lin Zuhui has listed the outline of the story, and the screenwriter can just follow the above to find information and complete it; the songs have already been decided on two classics, and the rest can be done according to the style.
Zhao Zhenqiang said: "Zhao Yazhi has not negotiated with her yet. She is now taking care of her family. She said that she went to the mainland to film for too long!"
Lin Zuhui said with a smile: "Those are just words. If you go ahead and talk about it, you can have a higher salary. You can also give her preferential treatment when filming in the Mainland. She can go home every few days. She is the absolute protagonist of this drama. It can't work without her!"
Zhao Zhenqiang nodded and said, "Okay, I will definitely complete the signing this month!"
Zhao Yazhi is about the same age as Lin Zixia this year. Lin Zuhui is a bit forgetful and can't think about it. It is an immoral behavior.
As Lin Zuhui's real estate business grew bigger and bigger, he felt uneasy without coming.
As far as he knows, in the past life of Hong Kong, when Hong Kong entered the 1990s, public opinion demanded that the Hong Kong government legislate to combat speculation in the property market. The Hong Kong government would also be resentful of the monopoly of wealth by real estate developers.
Some financial and economics scholars said: "Various factors have caused unfair distribution of wealth. Hong Kong's economy is an export-oriented economy. The real foreign exchange earned for Hong Kong is mainly from trade, shipping, industry, etc.. Real estate developers play an important role in society.
From the redistribution of wealth, the profits are the largest, and they are ridiculously large. There is no place in the world like Hong Kong where almost all the richest people are concentrated in the real estate industry. This was not the case in Hong Kong in the past. The rich were scattered in trade, retail,
Shipping, finance, real estate, industry and other industries. Now the rich in other industries are gradually being squeezed down the rich list - unless they hold on to real estate. This phenomenon is actually a precursor to Hong Kong's economic recession."
Luk Hiu-pui, an outstanding builder in Hong Kong, has built countless buildings for real estate developers and owners throughout his life, among which the HSBC Building is his masterpiece. He only knows how to build houses, but does not know how to sell them. He has worked hard all his life and accumulated very little wealth. With him,
The real estate developers who were his partners all became very rich. In his later years, people still praised his construction achievements. He said: "I am the stupidest person in the world. I didn't know that I would engage in real estate in my early years."
The anger of the "shellless" people and the "criticism" of the "shelled" people against the real estate industry will undoubtedly give the Hong Kong government a shot in the arm to curb real estate monopoly and combat speculation in the property market.
Lin Zuhui knows that after the new Financial Secretary takes office next year, he will take action against real estate developers (raising down payments, cracking down on speculators, etc.). Of course, many real estate developers are not vegetarians.
But Lin Zuhui doesn’t want to be the one who gets scolded the most. He seems to be the chairman of the board of directors of the real estate company with the largest market value!
His Leit Group is actually an important industrial blue chip stock in Hong Kong, Wanhui Group, and ATV are media companies. These companies are all good. Xiaomi Technology has just started and its influence is limited.
He quickly decided to enter the field of traditional Chinese medicine, or biomedicine. Not only for the economic development of Xiangjiang, but also for the reshaping of the image of the Lin family.
Besides, you can also research the 'elixir of life' in the future. Some rich people are not afraid of death.
Lin Zuhui's entry into the field of traditional Chinese medicine is not a headless turn. He has a complete plan.
First of all, a very important step is to cooperate with Tongrentang and Baiyunshan in the Mainland, establish a joint venture in Hong Kong, and learn from their experience.
Secondly, it has the support of the Hong Kong government and public opinion in Hong Kong.
Finally, go to Japan to recruit talents and introduce technology. In short, it is just throwing money at it.