The Industrial Giant Reborn.

Chapter 567 Kwai Chung New Container Terminal

"How did he bypass Midea's fans?" Chen Zhiwen asked again. Midea Group's fan business is actually no longer a core business within the entire group, but in terms of scale, it is still one of Midea's main businesses. The value is indeed very low, and the profit is even lower, but the quantity is very large. In overseas developed countries, the fan itself is a consumable. Many people bought one before the summer, but may just throw it away after the summer and wait for the next year. If you buy a new one, especially in a small urban apartment, if it costs a few dollars to more than ten dollars a piece, who will keep it for you until next year?It’s annoying taking up space in your home.

The huge production capacity, coupled with the use of low domestic labor costs, has allowed Midea to compress the cost of fans to the extreme. Yanran has become the largest fan factory in the world, but in terms of profit, it may not be as good as a game.

"The fans made by Aimeikao are ceiling fans, not Midea's desktop fans, so the competition is not strong. In addition, their design style is very similar to antique fans from decades or hundreds of years ago, which opened up the European and American markets. Last year, The export volume of Aimigo is as high as HK$5 million. Excluding our group, it is already ranked among the top ten export companies in Hong Kong." Zhou Jiayang said.

"In what year was Aimeigao established?" Chen Zhiwen asked.

"1981." Zhou Jiayang replied.

"In just three years, the turnover has exceeded HK$5 million. Is this faster than our Midea fans?" Chen Zhiwen said.

"Yes, from the perspective of development speed, this is indeed the case. However, Midea back then built its own supply chain, which cost more and took more time. Now Aimeigao directly uses Midea's business in Hong Kong to build its own supply chain. Shenhai City’s existing supply system has great advantages in this regard,” Zhou Jiayang replied.

"That's true. Many of Kemeidi's suppliers are open to anyone. It's because of Aimeigao that we seized the opportunity and were able to develop so fast." Chen Zhiwen said with a smile.

Over the years, Midea has developed a full supply chain layout in the field of fans and small household appliances. With its strong overseas market, the Hong Kong + Deep Sea area has the lowest cost and most efficient supply chain in the world, and most of these supply chains are also Other companies follow Midea to drink soup, and Midea does not say that they are only allowed to follow Midea to drink soup. Other businesses can also be done normally.

Even Midea’s own secondary supply companies provide motors or compressors for fans, refrigerators, and washing machines.If other people come to buy the motor, is it possible that it can still be sold?

"Yes, Liu Luanxiong, who loves beauty, is indeed a person of interest." Zhou Jiayang nodded and said.

"Do you know Liu Luanxiong quite well?" Chen Zhiwen asked with a smile.

"Yes, one of Hutchison Whampoa's current main businesses is investment. In addition to some traditional companies, emerging real estate companies or industrial companies are also my goals. Among all investable targets, Aimigo Very good, so I paid special attention to them. They had just gone public. I sent someone to express that we wanted to invest, but Liu Luanxiong refused." Yang Xiao of the Zhou family said, "But I didn't force it anymore and arranged for people to invest. Just buy its shares on the stock market."

"Well, okay, just make appropriate acquisitions." Chen Zhiwen thought for a while and said, "Theoretically, part of the credit for his ability to get up so quickly is relying on the entire industry chain that Midea has built in Hong Kong. If he wants to continue to develop, this It will also be an obstacle, at least in the field of electrical appliances, so you have to pay attention to Liu Luanxiong. If he is a smart person, I guess he will change industries for development."

Success is also a failure, and failure is also a failure. This sentence is very applicable to many environments. In Hong Kong, it is no problem to seize a beautiful track that is not taken seriously, such as ceiling fans, but this small market is also limited. If you want to continue to develop, Then it is necessary to enter some large-scale markets, that is, normal fans and even other household appliances. But in this way, it will be head-to-head with Midea. To be honest, the same is true even if Chen Zhiwen starts his own business again.

"What Chen Sheng means is that Liu Luanxiong will enter the real estate industry?" Zhou Jiayang asked.

"It's possible, so it doesn't matter what Aimeigao is. If Liu Luanxiong uses Aimeigao to enter the real estate industry, that's no problem. If he innovates another company, just arrange for people to pay attention to it." Chen Zhiwen said.

In Hong Kong in the mid-80s, the only ones that wanted to develop here were real estate or finance. Other industries could hardly develop. Even the few physical manufacturing industries that Chen Zhiwen specially left for Hong Kong could only do so because of high profits. It is impossible to succeed in an industry that starts from scratch. If Chen Zhiwen time traveled this year, he would have to engage in real estate, or go to the mainland to start an industry from scratch, but the possibility of success is also very low, and there will be no advantage. .

"Okay." Zhou Jiayang nodded and said. "Kwai Chung Port, the fifth container terminal, is going to be auctioned soon?" Chen Zhiwen asked again. The main purpose of coming to Hutchison Whampoa this time is this. Hong Kong's terminals will be among the best in the world in the next few decades. The annual income is no less than that of a building in Central, and it controls a large number of jobs and a large amount of goods in Hong Kong. Its influence is much stronger than that of several rent-collecting buildings, not to mention Hutchison Whampoa's future core business. Even for the world's port giants, if they can't even get enough advantages in Hong Kong, wouldn't it be a joke?

"Yes, we are also preparing to bid. This fifth container terminal is much larger in scale than the previous four. According to the current market valuation, the bidding price will exceed HK$30 billion." Zhou Jiayang said.

"Money is not an issue. What companies are competing with us now?" Chen Zhiwen nodded and asked. The investment in a large terminal is not lower than that of a super building. This is why the Hong Kong government cannot build it by itself. It is too expensive. Even after the company bids, it will make full use of bank funds to obtain the right to use it and build the dock at the same time, using future earnings to repay the loan. However, the advantage is that the risk is lower. Generally, as long as the regional industry and economy are not If there is a big problem, the terminal will not be able to lose money.

Of course, Hong Kong is an exception. In the next few years, Hong Kong's real estate market will grow exponentially, and all industries will disappear. That is to say, the mainland supports Hong Kong and deliberately suppresses the development of ports near Hong Kong. Otherwise, if Yantian Port continues to expand, Hong Kong Terminal will not be able to even think about it. In order to make domestic money, as for Hong Kong's local demand for daily necessities, so many ports and terminals are simply unavailable. After all, after the mainland's industry develops, more daily necessities can be imported from the mainland.

However, now that he knows the future situation of Hong Kong, Chen Zhiwen will naturally focus on seizing this opportunity and winning the Hong Kong port.

"On the British side, the main ones are Swire, and on the Chinese side, Pao Yugang's Global Shipping Group also participated. On the foreign side, there are several Japanese and American port companies. Others are not very large and should be insufficient. Because of fear." Zhou Jiayang replied.

"Bao Yugang also participated? It's a bit interesting." Chen Zhiwen said with some surprise.

In the original history, after Pao Yugang acquired Wharf, he did not focus on developing Wharf's port business, but focused on the development of real estate. Unexpectedly, now that he has acquired China Power, he wants to return to the port industry.

If you think about it carefully, it may be because in the original history, he had a bloody battle with the Jardine Matheson Group and spent at least more than 20 billion Hong Kong dollars, which seriously damaged his vitality. But now that he has acquired China Power, the loss is not that big. , and China Electric Power has very stable profits, and relies on its geographical advantages to supply power to Shenhai City and cooperate in investing in various power plants domestically. It is relatively more stable. In this case, even if the shipping crisis breaks out, it can have a negative impact on the port. The impact is not big.

The essence of this shipping crisis is not that there is less cargo in the world, but that there are too many ships built in the past few years. Bao Yugang's Global Shipping is also a world-class giant. When the industry fails, it always needs to find out. road.

"Yes, Bao Yugang's son-in-law Wu Guangzheng also greeted me before, and they didn't want to miss this opportunity." Zhou Jiayang said.

"It's okay. We can't let others participate in the industry we like, right? Everything just depends on strength." Chen Zhiwen said nonchalantly.

No matter how domineering you are, you won't say that others can't touch the things you like. This is not in line with the most basic operating rules of modern business society. It's just a comparison of financial resources. If you really don't think it's worthwhile, then there is nothing you can do.

Moreover, even if other Chinese capital avoids him, British capital, American capital, and Japanese capital are not afraid. Even capital cannot compare with him. He only bids for land or docks. The comparison is not the amount of funds, but who is more optimistic about the project. Just dare to invest more funds.

However, these people definitely cannot understand the future of Hong Kong better than they do. Who would have thought that land prices in Hong Kong could increase tenfold in the next ten years?Can the entire economy enable Hong Kong people to move from the income of a developing country to the income of a cutting-edge developed city?
"I think so too. We are bound to win this terminal." Zhou Yang said with a smile: "I have negotiated with Standard Chartered Bank and they will provide sufficient funds."

"Standard Chartered Bank? What proportion have we acquired in the UK?" Chen Zhiwen suddenly asked again.

"It is currently 11.2%. We have acquired part of it through some shareholders. The UK headquarters of Standard Chartered Bank also knows about this. I also arranged for someone to explain that it is just an investment. As for whether they believe it or not, there is nothing we can do." Zhou Jiayang Said: "But if the acquisition exceeds 16%, then all our loans will have to be transferred again." (End of Chapter)

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