The birth of the Hong Kong Island family

"The U.S. government officially announced that starting from December 3, 1950, a comprehensive licensing system will be implemented for exports to mainland China, Hong Kong, and Omen."

After reading this news, Lin Zhichao fell silent.

He is from China, so he naturally loves China.

The reason why he didn't participate in 'smuggling' was because he was calculating the cost.

If he smuggles, his contribution will not be much.

He is not even familiar with the surrounding sea areas, maritime risks, etc.; he doesn't know where to buy Western medicine or black iron sheets, and it's as if they are separated by mountains.

But if he becomes a world-class businessman, by 1978, he can support the economy of his motherland, and even his donations can benefit millions of compatriots, or even more.

It is clear at a glance which is more important.

Therefore, he decided to endure the humiliation.

As for his business with the Japanese, it has no impact at all, because the mainland has always had trade with Japan before and now, and actively seeks trade. If the country does this, it will naturally not affect the individual.

In business is business, this is the law of the business world.

"What's the news, so engrossed?" Tang Caiyun sat beside Lin Zhichao and asked curiously.

Lin Zhichao reacted, and then gave her the newspaper.

After a long time, Tang Caiyun said: "How much impact will this have on Hong Kong? Will the citizens feel the embargo directly now?"

She is a businessman's wife, and this directly affects her and the family.

Lin Zhichao said: "You can't say that. There are always ways to import goods, not to mention that European countries are embargoing goods under the coercion of the United States, so the huge enterprise of 'smuggling' will inevitably emerge. But no matter what, recently, In Hong Kong for a few years, the re-export trade will gradually decline, and the manufacturing industry will also be hit to a certain extent, but it is more of an opportunity.”

"Has that affected your career?"

"No!"

Lin Zhichao said firmly.

In terms of shipping, there is a shortage of ships in the Far East;

In terms of real estate, bargain hunting is just right;

In terms of industry, the layout has long been established.

Especially in terms of industry, it is a very wise move for Lin Zhichao to open the zipper factory to Xingdao;

At present, Cheung Kong’s zipper industry can still make a profit of 450,000 Hong Kong dollars per month, and it can only be said that the performance growth has stopped;

After the raw materials of Changjiang Plastic Factory are settled, there will be no worries in the next few years, because the market itself is Hong Kong and Southeast Asia;

The same is true for the Changjiang Garment Factory, and even opened up the South African market, which is enough to digest it in the past few years;

The crocodile shirts under Uniqlo are currently only based in the Hong Kong market.

Overall, Cheung Kong has not been greatly affected.

On the contrary, by virtue of the embargo, it stood out from many factories in Hong Kong.

Involution! success!

In the end, Tang Caiyun felt heartbroken and Lin Zhichao said: "You have to go to many companies this day, so you have to do your job well and pay attention to rest. You are still so young, so you can take your time in everything!"

She knew that Lin Zhichao got up at 6:15 every day, read newspapers and books, and arrived at a company on time at 8:00. At noon, he might meet with clients or friends at a tea restaurant to discuss matters, continue working in the afternoon, and try his best to avoid social activities in the evening. The family eats, and maybe reads for an hour or two after eating, and they toss her and Xu Caiying in the middle of the night.

After such a day, this man is moving every moment.

Lin Zhichao signaled that he was fine, and then said: "I have been thinking recently about planning the organizational structure of the Yangtze River Group. The top is the 'Yangtze River Holding Group Company', and the bottom is divided into two major groups - the Yangtze River Industrial Group and the Yangtze River Group. Industrial Group. Yangtze River Industrial Group is in charge of manufacturing, and Yangtze River Industrial Group is in charge of real estate development (real estate belongs to industry)."

He was happy to tell Tang Caiyun these thoughts because she would have to come to the company to work sooner or later.

Tang Caiyun listened and took notes. She knew her man's thoughts and was happy to share his worries.

"It would be even better if the child in my belly was a boy!"

Lin Zhichao said with a smile: "It doesn't matter, since we are in such good health anyway, all our wishes will come true."

What a boy. In the future, one will be trained to be in charge of Yangtze River Industry and the other will be in charge of Yangtze River Industry.

morning.

Lin Zhichao invited Tang Zhongyuan to his office at Cheung Kong Holdings.

"Father-in-law, I plan to split up the Yangtze River Garment Factory, and you can go out and set up Dongfang Garment Factory independently."

Tang Zhongyuan was stunned for a moment, then smiled bitterly and said: "If you want to divide the family, you can just take the shares and use them as Caiying's dowry. Originally, it was you who founded it, so how can I have the nerve to say that the family is divided."

Lin Zhichao smiled and said: "Father-in-law doesn't think that I still care about that matter, right?"

Tang Zhongyuan saw Lin Zhichao's calm expression, and coupled with his recent performance, it was indeed impossible for him to be angry with the couple. To be honest, he, Lin Zhichao, had nothing to lose. He had both his own daughter and his adopted daughter.

"What do you think?"

Lin Zhichao nodded and continued: "I just want a signboard of the Yangtze River Garment Factory, and some machinery and skilled workers to ensure the production of crocodile shirts. In this way, you actually get the entire Yangtze River Garment Factory. Just change the name to Oriental Garment Factory.”

Tang Zhongyuan said in surprise: "What are you doing? I'm not that kind of greedy person. Besides, the biggest credit for the Yangtze River Garment Factory to be what it is today is you."

Lin Zhichao said: "But I don't care about this industry! On the contrary, if you win it, you can form a one-stop textile and dyeing industry chain, and they will all be the leaders in Hong Kong."

Lin Zhichao never wavered in supporting his father-in-law.

Tang Zhongyuan saw that Lin Zhichao spoke sincerely and seemed to really not want to be in the garment industry. After thinking about it, he said: "Then I will give you 700,000 to buy the shares based on the value of 1 million. And how much do you want for the machines and skilled workers?" Give them all.”

Lin Zhichao said cheerfully: "Okay, you can pay me in one or two years. I don't need that little money. I only need 20 to 30 percent of the money for the machines and workers."

Tang Zhongyuan also purchased some textile machinery before the embargo, and he also had some loans, so it was obvious that he could not afford 700,000 Hong Kong dollars. However, once he acquires the entire garment factory business, Oriental Textiles as a whole will become a large-scale enterprise with annual profits of millions.

"Okay, we can pay it off almost next year."

In this transaction, Tang Zhongyuan knew that he still had a big advantage. The machines of the Yangtze River Garment Factory were worth 7 or 8 million Hong Kong dollars, not to mention the Singer sewing machines that even those with money might not be able to buy them, at least for now.

And those customers are even more important, especially customers in South Africa, whose value cannot be described in cash. Just like what my son-in-law said, as long as he makes a good list of South Africa, he will be the ‘King of Africa’ in the future.

This shows that this son-in-law dotes on his daughter, so he loves the house as much as the bird.

After leaving Yangtze River Industrial, Tang Zhongyuan suddenly felt like a dream. Once he obtained the business and production of Yangtze River Garment Factory, he would truly be comparable to industrialists such as Wang Tongyuan and Tang Bingyuan.

Moreover, he heard a lot about the prospects of the textile industry from his son-in-law. For example, the textile industry should find ways to enter Indonesia and South Africa, and then find ways to enter Europe and the United States. Although he is an outsider, this development pattern is very reasonable.

"Good son-in-law!"

After Tang Zhongyuan left.

Lin Zhichao is also considering this decision. He doesn't really look down on the garment industry, but he doesn't want to be too close to the Tang family's business. After all, my daughter has already been deceived.

Therefore, after the Yangtze River Garment Factory returns to Yangtze River Industrial Co., Ltd., it will continue production in the third-floor factory, mainly serving crocodile shirts. In the future, we can also be a high-quality OEM for other clothing brands.

In this way, Yangtze River Industry also has its own garment manufacturing capabilities and will continue to invest in this area.

Lin Zhichao can be considered a good son-in-law for supporting Tang Zhongyuan's "textile dyeing" industry chain. What's more, Oriental Textiles' more than 250,000 square feet of land in Tsuen Wan is already worth a fortune.

"Dong dong"

"Come in"

Wang Liang, deputy general manager of Yangtze River Industries, walked in respectfully.

Lin Zhichao is very optimistic about Wang Liang. He has a very strong receptive ability and is relatively calm in his work. He can carry out Lin Zhichao's orders well.

Yangtze River Industrial has some highly educated talents, who mostly serve as middle and low-level managers and technicians. It is these highly educated talents who form the backbone of Yangtze River Industrial. However, Lin Zhichao will not easily believe in their abilities, so it is very difficult for him to believe in their abilities. They won't be at the top for a long time.

For the time being, Lin Zhichao trusts the veterans who have followed him in the country. This can be said to be able to advance and attack, and retreat and defend.

"After some time, I plan to use 'Yangtze River Industries' as the parent company of Yangtze River Zipper, Yangtze River Plastics, Yangtze River Garment Factory, and Uniqlo. At that time, you will still be my deputy and the vice president of Yangtze River Industries. Manager, and concurrently serves as the general manager of Yangtze Zipper.”

Wang Liang heard this and said calmly: "Well, thank you boss for the promotion."

There was no promotion actually, but it was just more formal.

Lin Zhichao said: "In the future, Yangtze River Industry will extend many subsidiaries, such as smelters, machinery plants, and ship-breaking yards. For example, the Yangtze River Plastic Factory will branch out into a Yangtze River Toy Factory. If you want to make small train toys like those in Europe and the United States, you will have to extend a Yangtze River Motor In short, Yangtze River Industry represents manufacturing, and I will always insist on investing in manufacturing."

He already has a complete "industrial empire" in his mind. Of course, if it sounds a bit harsher, it can also be called an "intermediate and primary industrial empire." Whether it can develop into an "advanced industrial empire" will only happen after the 1970s and 1980s.

Wang Liang was startled by Lin Zhichao's plan, but then quickly calmed down and said: "I will make progress with the company, and I will not hold back the boss."

He knows that the boss has been encouraging everyone to learn more, and he may have the intention of cultivating everyone, so he will not stand still.

Lin Zhichao nodded and said: "We can recruit talents, but highly educated talents who have just joined the company should start from the bottom and work their way up step by step. As for you old people in the company, if you don't want to be replaced, if you don't learn, , no matter how much I trust you, I won’t be able to entrust you with important tasks.”

"I see!"

"So who do you think is the most suitable person to take over as the deputy general manager of the Yangtze Zipper Factory?"

"It should be Manager Bao. He has done a very stable job in Xingdao, but he is also aggressive."

Lin Zhichao nodded with satisfaction and stopped talking about this, because there is plenty of time to complete this organizational structure and cannot be rushed.

Lin Zhichao was also very satisfied with Wang Liang's recommendation of Bao Chunlai, because he felt the same way.

The deputy general manager is actually the ‘executive deputy general manager’ and has actual management power.

"In this way, you go to Singapore and work with Manager Bao to plan the import of zipper raw materials from the United States, and then try exporting and other work. In short, we must make it clear whether the United States has any restrictions on the Sing Tao factory."

Sing Tao Factory is not an independent kingdom, even Lin Zhichao will fly once a month and stay for a day or two.

"Okay, I'll arrange the arrangements and fly to Star Island."

"Um"

At this time, Cheung Kong Holdings has paid off a 1.5 million loan from the Bank of East Asia and 180,000 interest, and there is still more than 500,000 Hong Kong dollars in cash flow on the account, as well as 1.8 million Hong Kong dollars in raw materials purchased with its own funds.

As for the 3 million loan from the Bank of East Asia, all the raw materials were stored in the warehouse and did not need to be included in the liabilities.

Coupled with the 700,000 Hong Kong dollars that Tang Zhongyuan owes to Cheung Kong Holdings, it can be considered a bumper harvest for Cheung Kong Holdings this year. In fact, Cheung Kong Industrial has also purchased three other types of zipper rice arranging machines this year, as well as some small machinery and a mid-level western-style building.

Cheung Kong's current annual profit can still maintain HK$5 million to HK$6 million a year. It is estimated that even in these three years, it can maintain a small and stable growth. The market is expanding with economic development, and even if we add Asian competitors, our business will still grow.

Lin Zhichao sighed in the office: "I can finally withdraw funds and buy land!"

He plans to purchase land on Orchard Road in Sing Tao early next year, which will cost approximately 200,000 square feet and is estimated to cost less than HK$1.5 million. Orchard Road and even Star Island were not developed at all at this time and land was very cheap.

Moreover, some land in Hong Kong will also be reserved next year.

Anyway, in the past two years, industry can only develop slowly, at least until the Peninsula War is over, so that it can be convenient to import machinery. Therefore, 60 to 70% of Cheung Kong's money will naturally flow into land and property.

"Dong dong"

"Come in"

It was Lin Zhichao's second uncle who came in. He said with the attitude of a subordinate: "Boss, you call me."

Lin Zhichao nodded, then took out an envelope from the desk drawer, stood up and came to Lin Yunjie.

"Second uncle, this is a sum of money. You go to Cheung Kong Real Estate in Central Chinatown to buy a one-story house. I have asked them to leave the house to you. After buying the existing house in Mong Kok, Kowloon, you can move in directly."

Lin Yunjie immediately pushed back his wallet and said, "How can that be done! I am getting your salary now, and you are also paying for the children's expenses. How can I still use your money to buy a house! I don't want it!"

He is already very satisfied. Although the house he rents is only 300 square feet, it has a better environment than others who live in wooden houses or tin houses. His salary is also 260 yuan, which is enough to support the family. His nephew personally pays the children's tuition fees, clothing, etc. in advance every semester. He a sum of money.

In his opinion, no matter how rich his nephew is, it is his ability. He cannot take it for granted, and the same goes for educating his children. What's more, at his age, as long as the child has hope for the future.

After two years of observation, Lin Zhichao found that Lin Yunjie was the kind of person with backbone. This was the family tradition of the Lin family. After all, they had once been wealthy.

He directly took Lin Yunjie's hand and handed him the envelope.

"Take the second uncle, my biological uncle of Lin Zhichao. It's not a good idea to rent a house for a long time. Others will laugh at me if they find out. Besides, it's good to buy a house early. No matter how fast your salary rises, it may not be as good as the house price in ten years. The rate of increase.”

Under his nephew's momentum, Lin Yunjie couldn't bear to refute, so he could only be moved and speechless.

Later, Lin Zhichao changed the subject and asked about his cousin's studies.

I was very happy when I got the affirmative answer.

Finally, he asked, "How many pounds of plastic are there in the warehouse?"

When Lin Yunjie heard that it was work, he quickly said: "There are still 878,000 pounds of plastic, which is in good condition and the warehouse is safe."

Lin Zhichao nodded and spent almost 1.2 million Hong Kong dollars on plastics. The cost of plastic imported from the United States was only 1.2 Hong Kong dollars per pound, while the average price of plastic imported from Hong Kong wholesalers was about 2.2 to 2.4 Hong Kong dollars.

"Yeah, I know!"

"Okay, then I'll go to work first."

"Well, take care of yourself."

After Lin Yunjie left, Lin Zhichao also thought about plastic raw materials.

With so much plastic, three years will definitely be enough.

He even thinks that he should sell 200,000 to 300,000 pounds in the first half of next year at HK$3 per pound to collect some funds.

With the outbreak of the embargo, many plastic factories in Hong Kong are complaining. The price of raw materials has doubled. They are also worried about running out of stock, so everyone is rushing to buy the remaining raw materials from Hong Kong wholesale stores.

In fact, the raw materials on the market have long been bought up by shrewd businessmen.

Next, everyone can only try every means to obtain plastic raw materials. But one thing is certain, the cost price will not be lower than three Hong Kong dollars per pound.

Three days later, Gao Qiqiang came to Lin Zhichao's office and reported: "Boss, Yamaguchi Steamship wants to renew the contract immediately and hopes you will go to Japan. They also said that they are willing to renew the contract at a very high price and must continue to rent the ship to them."

Lin Zhichao raised his head, with no surprise on his face, and said, "You reply to them first. I will take the time to come to Japan next week to discuss chartering a ship."

There is still one month to go, so why rush.

What's more, the current market is "ship is king", so he can't be too impatient.

Reasonable price and a lease starting from three years are Lin Zhichao's requirements.

"Okay, I'll get back to them right away."

After Gao Qiqiang left, Lin Zhichao smiled. Lin Zhichao can understand Yamaguchi Kisen's eagerness to renew the lease of the three ships. Japan is short of ships, and the performance of the three ships is also very good.

Why don’t Japanese shipping companies buy ships?

First, foreign exchange control is strict;

Second, they like to rent a boat, which is clean and refreshing;

Third, it will be difficult to find ships, crews, etc. for a while, but the goods are in a hurry.

In a few years, Japan will be even more like this, and a new item will be added: Japanese seafarers have high wages. Moreover, in order to support shipbuilding companies, Japan offered foreign shipowners lower interest rates for building Japanese ships than Japanese businessmen; so in the end, a large part of Japanese shipping companies leased ships from Hong Kong.