Hong Kong Island's wealthy era

Chapter 73 Sorting out the family business
At present, Lei Liquan is most assured that the three companies, Oriental Pictures, Oriental Cinemas, and Tiantian News, have entered a stable development period.

Moreover, Lei Liquan currently owns 5.00% of Wifeben’s wireless shares.The next step is to prepare for the integration of listing and raising funds, but we should not act too urgently.

The only regret is that Zhang Jiancheng was asked to start an economic newspaper, but it has never been done. Today, he must work hard.

Zhang Jiancheng calmly came to Lei Liquan's office today to report on his work.

When Lei Liquan saw Zhang Jiancheng's performance, did the economic newspapers already have an idea?
"Lei Sheng."

"Sit down, how is the situation in the newspaper office now?" Lei Liquan asked in an unhurried manner, still showing respect for 'literati'.But Zhang Jiancheng is no longer a pure scholar, he can only be a half-business scholar.

"Leisheng, the number of daily reports has reached 12, and it has been successfully reached the summit, and it is the summit after the revision." Zhang Jiancheng reported to Lei Liquan with a happy face.

"Very good. Our first goal has been achieved. After you go down, all employees will receive an extra half-month salary this month as a token of recognition."

"Okay, Lei Sheng." Zhang Jiancheng was very happy to see Qianfa.

Lei Liquan was really happy to hear that Tiantian Daily ranked first in sales in Hong Kong.

Not long ago, Lei Liquan asked the Tiantian Newspaper to change its edition. The daily newspaper would publish "news", "financial analysis", etc. As for horse scriptures, dog scriptures, and novels, they would only be published in the Tiantian Evening News.

"Where are the evening newspapers and weekly newspapers now? And where are my economic newspapers?" Lei Liquan was a little angry when he saw that he had not heard Zhang Jiancheng's report, and asked three questions in succession.

Zhang Jian also felt that Lei Liquan's tone was wrong and knew that Lei Liquan was a little unhappy because the economic newspaper had been dragging it out for a year.

"Lei Sheng, the evening paper already has [-] copies, and the weekly is still short of [-]. Economic newspapers are already preparing sample issues, which will be released after the Spring Festival."

Lei Liquan finally heard the accurate time, and felt quite happy.

Asked: "Are you having any difficulties now?"

"Lei Sheng, the company currently has a lot of money in its account, and I'm going to recruit a capable person to manage the economic newspaper."

"This is feasible, but you also need to appoint a few management talents to manage the daily newspaper, evening newspaper, and weekly magazine respectively. You change the name of Lei Lei Newspaper Company to Tiantian Newspaper Company, and you will serve as the general manager."

"Yes, Lei Sheng." Zhang Jiancheng stood up and replied.

Lei Liquan motioned for him to sit down. It seemed that Zhang Jiancheng was also an official fan.

"The next step is to seek a listing. We cannot rest on our laurels. How much cash is there now?"

Although financial statements are sent to the office every week, Lei Liquan has been a little busy recently and cannot remember the financial status of each subsidiary.

"Leisheng, there are 1800 million Hong Kong dollars."

"Why are there so many?" Lei Liquan was a little surprised. He remembered that the profit plan a year ago was probably in the tens of millions.

"Leisheng, the main reason is the increase in advertising fees." Zhang Jiancheng replied.

"Very good, you didn't expect to give me a surprise. I want to withdraw most of this money, and the headquarters finance department will hand it over to you then."

This money can't be left in the newspaper's account. Is Lei Liquan still looking for money everywhere?

"No problem, Lei Sheng can arrange for someone to come and withdraw money at any time."

This amount of money is equivalent to that of Lei Liquan as an individual, and it is not a joint-stock company. If it goes public, it can only pay dividends.

Lei Liquan decided that after returning to Thunder Headquarters, it was time to take stock of his family fortune.

……

The next day, Lei Liquan came to the office of Thunder Holdings Company to listen to reports from several giants under his name.The first report is the Thunder Development Liu Shuitian report.

"Leisheng, currently a development company, owns two buildings (the Chinese Bank is under construction) and 2.6 theaters. The current valuation of this part is [-] million yuan."

Lei Liquan thought: If the Chinese Bank is completed by the end of next year, it will be worth at least 3 million. This valuation is too conservative.

"Due to the boom in real estate, the development company holds 3% of Taisheng Real Estate shares with a market value of 6000 million yuan, and the Hilton Hotel has a valuation of [-] million Hong Kong dollars."

Liu Shuitian looked at Lei Liquan, as if waiting for instructions.

Lei Liquan thought about it and realized that the market value of this part was a bit underestimated and would probably double by next year.He signaled Liu Changshui to continue.

"Based on the above valuation, the development company is valued at 6.2 million. However, because the development company is currently rebuilding the Chinese Bank, it has been relying on blood transfusions from the mother-in-law to maintain operations."

"Very good, these are not your fault. It is the company's rapid development that has caused some pain. How is the construction of the Chinese Bank?" Lei Liquan thought for a while and said.

"Lei Sheng, the main body of the Chinese Bank can be capped at the end of March next year, and there will be no problem with delivery by the end of the year. After the capping, the interior and exterior decoration can be carried out at the same time."

"Well, we must maintain quality and quantity, and there must not be any quality problems or safety problems." Lei Liquan has explained these words before, and now he explains it for the last time. Perhaps he attaches great importance to the three words "Chinese people".

"Don't worry Lei Sheng. I will supervise the construction site every day."

"Well, next Tian Yun, let's talk about the infrastructure company?" Lei Liquan looked at Tian Yun and asked.

"Leisheng, thanks to the rising market value of Hong Kong Electric (Hong Kong Electric has started real estate development), Thunder Infrastructure is now valued at 6.5 million. After the holding company pays dividends by the end of the year, the cash flow will reach about 8000 million. It is currently jointly operated with its subsidiary Towngas The company, Towngas Engineering Company, has been officially put into operation, and has established a number of stores in the early stage, and the work of promoting open fire cooking to the public is going smoothly."

Tian Yun serves as an assistant, but Lei Liquan still believes in his abilities.Leiting Holdings currently holds 90.6% of the shares of Leiting Infrastructure Company.

"After the dividends are paid, I will immediately increase my holdings of China Gas shares. The current shareholding of 37.3% is still too low, at least [-]%. If there is surplus funds, you can increase your holdings of Qingzhou Yingni shares."

Lei Liquan originally wanted to increase his holdings of HK Electric, but the market value of HK Electric was too high and Lei Liquan's cash flow was insufficient.Now that it is a joint-stock company, there is no need for Lei Liquan's personal capital injection.

"Okay Lei Sheng." Tian Yun has been with Lei Liquan for a long time, and he will absolutely implement Lei Liquan's instructions.

"Well, Uncle Wu, please help me report the financial work." Lei Liquan showed absolute respect for the veterans of the Lei family.

"Lei Sheng, you are too polite." Wu Yuntian looked at the notebook and reported the report.

"Lei Sheng, currently your company, Thunder Holdings, has HK$1.1 million in cash. Tiantian Newspaper has HK$1800 million, and Juji Company has HK$2 million in cash. These are funds you can use directly."

Lei Liquan thought to himself, with more than 3.2 million Hong Kong dollars available for direct use, he could do a lot of things he wanted to do.

"Yes. Please report on the financial status of Taisheng Real Estate Company."

"Okay, Taisheng Real Estate currently has a cash reserve of 1.2 million. If it develops real estate after the Spring Festival, it can withdraw about 8000 million yuan."

This is just enough to pay the standard fee for bidding on properties above the subway.However, by the end of next year, all three development projects will be able to collect funds, and it is time to prepare to start the reconstruction of the Global and Regent buildings.

Wu Yuntian continued: "Leisheng, you currently have two liabilities. One is the acquisition of Hong Kong Electric for HKD 3.14 million, and the current principal and interest should be repaid HKD 3.5 million. The other is Goldman Sachs's 2.2 million, and the current principal and interest should be repaid HKD [-] million."

"Uncle Wu, the funds for the acquisition of the Meili Guo game console have been paid, right?" Lei Liquan thought of the payable amount for the Juji Company's acquisition of the Alida home game console.

"It's all been paid."

"Okay, Uncle Wu, except for the appropriate development funds left by the orange factory and newspaper, all the remaining funds will be transferred back to the ministry." Lei Liquan must concentrate on doing big things.

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(End of this chapter)