China Merchants Shekou will definitely be a legend in the future, but in the spring of 1979, it was still unknown.
Just after the Lantern Festival, Li Jianhui received an invitation letter from China Merchants Group, which mainly focused on the issue of Shekou Industrial Park.
At the end of last year, the north proposed reform and opening up. China Merchants Group, headquartered in Xiangjiang, took notice and communicated with senior officials to allocate part of the land in Shekou, Pengcheng, to establish a pilot zone for opening up to the outside world.
Attract capital from Hong Kong and even overseas to invest and build factories here to stimulate Shekou's economic development.
Although it has received approval from the central government, it is not easy to truly develop the Shekou Industrial Park. It can be said that China Merchants Group is under tremendous pressure to move forward.
In order to produce results as quickly as possible, the group's senior management sent invitation letters to the Chinese elites in the business community in Xiangjiang as soon as they returned to Xiangjiang, hoping to gain support from some business elites at the party.
On the evening of Valentine's Day in the West, in the banquet hall of the Far East Hotel, Hong Kong's famous manufacturing giants gathered here.
Among them are textile king Cao Guangbiao, Lixin Garment Group Chairman Lin Boxin, Zhaofeng Textile Fang Zhaozhou, Wantai Garment Tian Yuanhao Xuri Industrial Company General Manager Cai Zhiming, etc.
As the owner and general manager of Huihong Gaming Company and Huihong Electronics Company, Li Jianhui is also a big boss in the manufacturing industry, so it is not surprising to receive the invitation.
What surprised him was that he also saw Huo Yingdong, Charter King and others here. These seemed to be incompatible with what China Merchants Group was planning to do this time. There was no room for real estate development there at this time.
There is a shortage of sand for construction here in Hong Kong, but there will be no shortage over there in Pengcheng. Once these companies get over it, they don’t need to worry about this anymore. There are plenty of partners over there.
Those here today are mainly big bosses from the textile industry and the toy industry. Currently, these two industries in Xiangjiang have the largest number of employees and the largest scale.
In the electronics and semiconductor industry, firstly, the requirements for technical talents are high, and secondly, Li Jianhui has established scale here, so except for Li Jianhui, there is no other peer in this industry.
Wu Junshuang, Chairman of the Board of Directors of China Merchants, said at the beginning of the party: "Thank you very much for coming to attend the party held by our company. I believe you already understand the purpose of inviting everyone here. I would like to express my sincere thanks to you all."
Let’s introduce it in detail again.
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Although there are many advantages of establishing a production plant in Shekou, especially the cost advantage, those present are still worried. They are unwilling to take risks easily without clear legal guarantees for their interests.
The silence in the banquet hall made people feel a little panicked. Wu Junshuang's heart felt like a boulder was pressing on him because of the silence, making him a little breathless.
If Shekou wants to succeed, the first thing it needs is the entry of Heung Kong Capital. If even Heung Kong Capital is not willing to go, who else can they expect to invest at this time?
"Mr. Li Jianhui, you are the leader of the young generation of our business community in Hong Kong and one of the top ten outstanding young people in Hong Kong this year. What do you think of this?"
Huo Yingdong knew very well that his mere statement would not have enough influence on those present. If Li Jianhui could support the development of Shekou, it would inevitably affect a large number of neutral bosses.
Li Jianhui, who originally didn't want to stand out, was called out, but he couldn't escape without saying a few words. After thinking about the current situation, he still expressed his opinions.
"Wu Sheng has already talked about the benefits of Shekou, so I won't mention it anymore. There are still a few doubts that I hope can be answered, otherwise it will be difficult for everyone to invest confidently.
First, whether laws have been enacted over there to protect our interests from infringement.
Second, for our company's investment in Shekou, how much tax is and how to collect it? Is there any special law in this regard?
Third, we are building a factory in Shekou. If there are employees who are not suitable for our company, do we have the right to fire them?
Fourth, if we build a factory in Shekou, will our products be sold domestically?
Fifth, regarding the issue of fund settlement, I believe you are also aware of the situation, and clear regulations and even laws are needed in this regard."
All the people present looked at Wu Junshuang, and Li Jianhui's doubts were also their inner concerns. As long as these problems were solved, they would be able to go to Shekou to build the factory with confidence and boldness.
While the economy in Xiangjiang is developing rapidly, labor costs are also increasing. Their production plants in Xiangjiang are becoming less and less profitable. If Shekou can do it, they can significantly reduce their production costs and thereby increase the company's profits.
Li Jianhui's concerns go straight to the core of the problem, but Wu Junshuang cannot make the decision on any of these issues. They all need to be reported and decided by the senior management.
"It is true that it is not perfect in many aspects, but please believe that your interests are absolutely protected by the government. We are implementing the reform and opening up strategy and will never do anything to destroy the Great Wall.
Regarding these concerns raised by Li Sheng, I will report them overnight, and I believe that the senior management will definitely respond to these issues.
I also hope that everyone can become a pioneer for Xiangjiang capital to enter the mainland and set an example for world capital to enter the mainland."
Although the current prospects are unclear, Huo Yingdong and Charter King still expressed their support, saying that they would invest in Shekou.
Both parties will invest in the Shekou Industrial Port together with China Merchants to provide strong support for Shekou's cargo transportation.
Li Jianhui said: "I am personally very optimistic about the future development of the North. Although I currently have many doubts in my mind, I still plan to invest 10 million Hong Kong dollars to establish an arcade assembly base of Huihong Game Company in Shekou."
Wu Junshuang was very happy to hear that Li Jianhui invested in Shekou. At least Shekou's development had taken the first step.
As long as Shekou's policies are stable and Xiangjiang Capital sees the benefits, it will naturally attract more capital to enter.
Cao Guangbiao then stated that he would invest 20 million Hong Kong dollars to build a printing and dyeing factory in Shekou.
In addition, several companies have stated that they will examine the specific situation of Shekou and are willing to invest and start businesses in Shekou under suitable circumstances.
Wu Junshuang could not be said to be disappointed about this. He had actually been prepared for today's situation, and even Li Jianhui's investment gave him a huge surprise.
Li Jianhui's possible investment in Shekou was not considered in his plan at all. After all, the electronic semiconductor industry is not like the textile industry and toy manufacturing industry, which has certain technical and cultural requirements for employees, and it is difficult for Shekou to provide him with knowledge-based talents.
You must know that Li Jianhui Huihong Industrial Park has been in operation for less than half a year, and there is currently no demand for capacity expansion. Putting arcade assembly in Shekou will, to a certain extent, outweigh the gains and losses.
It's a pity that Wu Junshuang doesn't know Li Jianhui's plan. It's not just arcade assembly. In the next few years, Huihong Game Company's printed circuit boards, home game consoles, monitors, etc. will be manufactured in the mainland. Xiangjiang is mainly the headquarters and R&D base.