The birth of the Hong Kong Island family

Chapter 379 [Training Newcomers]

After the Spring Festival (1972), 'Cheung Kong Holdings' officially changed its name to 'Cheung Kong Holdings Group', which caused a great impact on Hong Kong's industrial and commercial circles. After all, everyone believes that Cheung Kong Holdings (Cheung Kong Properties) has surpassed Land and became the largest real estate company in Hong Kong.

This is because the project built on the former Naval Dockyard site is already no less impressive than Land's properties in Central. What's more, when Cheung Kong Industrial defeated Land and auctioned off the land in Central, it was an obvious landmark event.

Of course, what everyone doesn’t know is that Cheung Kong Holdings has already sold off a lot of land; but the assets listed this time are not all, so it won’t be too exaggerated.

Last year (1971), the entire Cheung Kong Holdings made a net profit of HK$170 million. If it were made public, it would frighten the entire real estate industry; after all, Land's annual profit is only a fraction, about HK$70 million.

After the split, the profits of Cheung Kong Holdings will still not be lower than those of Land.

"Boss, let me report to you!" Chen Zhiyuan, the deputy general manager of Victoria Harbor Real Estate, said respectfully when he came to the office.

"Okay, let's talk at the conference table!" Lin Zhichao immediately stood up and walked towards the conference table.

The assets of Victoria Harbor Real Estate actually far exceed those of Cheung Kong Holdings. Lu Zhiyuan used to be a senior executive, but now he can be regarded as a core senior executive of Lin Zhichao's enterprises.

Afterwards, Lu Zhiyuan began to report on his work seriously.

"We have already formed a team to attract investment in Building AB of Far East Financial Center and are ready to start leasing it immediately. It will be put into use in May or June this year. The current rent of Central office buildings is about 3.2 to 3.6 Hong Kong dollars per square foot per month. Far East Financial All conditions of the center are Grade A, so we plan to rent at a unit price of HK$3.2~3.5, which is cheaper for high-quality customers and even cheaper for long-term customers.”

The area of ​​these two buildings is very large, one is 600,000 square feet, the other is 500,000 square feet, with a total floor area of ​​1.1 million square feet; the lower three floors are shopping malls, and the upper floors are office buildings. To be conservative, the annual net rental income can reach about 35 million.

Based on this income, it will take only six years to recover the capital; of course, this does not take into account that the rent will increase by 30 to 40% this year, nor does it take into account the rent reduction in 1974.

"Is the pressure for renting big?" Lin Zhichao asked.

"Not big. According to the current market conditions, I believe that the satisfaction rate will soon exceed 95%. Since the 1970s, European and American companies have come to Hong Kong to develop, and office buildings are currently in a situation where supply exceeds demand." Chen Zhiyuan said confidently.

"Yeah, keep going!"

Next, Chen Zhiyuan fully demonstrated what talent is, and reported Victoria Harbor's real estate and finance in an orderly manner, which was not much different from Lin Zhichao's memory and speculation.

After listening to the report, Lin Zhichao said: "Is there a lot of financial pressure?"

Far East Financial Center Tower AB and Raffles City Singapore will require an expenditure of about 350 million upon completion; the Shangri-La Hotel (Hong Kong) is nearly halfway through, with an expenditure of about 150 million; there are also land fees for the Victoria Harbor Centre, The construction fee and expenditure are already 350 million.

The total expenditure is 850 million, of which Yangtze River Industrial and Yangtze River Industries have contributed 550 million, plus bank loans of 300 million, which is almost the same.

But the next construction costs will require continued expenditure of about 300 million Hong Kong dollars in construction fees and tens of millions in interest fees, probably within the next two years.

Chen Zhiyuan said: "Without using securities, we can use the rent and the Yangtze River Industrial Group to purchase our reserve land, which can completely cover the construction fees and taxes. Our rental income this year is expected to be more than 70 million."

Lin Zhichao suddenly realized and said with a smile: "I forgot that after the Yangtze River Industrial Group goes public this year to raise funds, it will purchase land from Victoria Harbor Real Estate. It seems that the funds are completely sufficient."

Chen Zhiyuan nodded and said: "Well, the funds in the stock market are not included in the calculation. The boss can freely decide the time to cash out, and is not affected by loans and expenses."

This is true!

Victoria Harbor Real Estate also has a land bank of 3.6 million square feet. These lands are worth a lot of money, about one billion. The main reason is that the land exchange rights and land in the New Territories are 2.2 million square feet, which is only about 400 million; while the land in Hong Kong and Kowloon is more expensive at 1.4 million, and is worth about 600 million.

The land will continue to rise, and it is expected that this wave will increase by about 50%. This round of land prices, based on mid-1973, was about HK$600 per square foot in Hong Kong and Kowloon, and about HK$300 per square foot in the New Territories. Of course, these are just reference data. The value of land in different locations will be different, and the plot ratio also affects the unit price.

After discussing for a while, Chen Zhiyuan left the boss's office with high morale.

Victoria Harbor Real Estate is a company that is not inferior to Cheung Kong Holdings. Although its future prospects are not as great as those of listed companies, at least it is a high-level person trusted by its boss. Large-scale properties and well-funded stocks must be valued by the boss in order to live up to the trust of the boss and be worthy of a high salary.

Not a moment.

"Boss, Maxim's Catering has introduced Jardine Matheson as a strategic shareholder and handed over 50% of the shares to Jardine. The management and operation rights are still in the hands of Maxim's Wu!" Lin Shaodong, the retail department manager, reported the news to Lin Zhichao.

Lin Shaodong knew that his boss was willing to invest in catering, and the 'Café Restaurant Company' was the target of support from the 'Cheung Kong Industrial Group'. The stores were given priority, guaranteed loans, management advice, etc., and all-round support was provided.

Lin Zhichao said with a smile: "This Wu family does have a long-term plan. Cooperating with the Jardine Department will at least bring a lot of benefits in terms of property."

He didn't have much idea, because he already planned to support "Café Coral" to become a catering giant, so Maxim's Group was not within his consideration range.

Lin Shaodong said: "When it comes to property stores, of course our Cheung Kong Industrial Group has a more reliable backer. If Maxim's chooses to join forces with us, they may be able to achieve better development. Anyway, their development strategy is different from that of Café de Coral."

Lin Zhichao shook his head and said: "No, there must be fierce competition between the two companies. Although they are in the huge market of catering, they will still collide. Why I am rushing to list Café de Coral is because I plan to let everyone Le Catering develops the catering industry in an all-round way. Therefore, Wu’s choice is the right one!”

Lin Shaodong immediately said: "Then their choice is right, but they will definitely not be the opponent of Café de Coral!"

He believes in the leadership ability of his boss, even if it is a small industry, he will not lose to his opponents. What's more, although currently there are only twelve stores of Café de Coral, the turnover of each store is actually far more than that of a coffee and cake shop.

Lin Zhichao said easily: "It depends on fate, but after all, the conditions of Café de Coral are better!"

Currently, two of Lin Zhichao's cousins ​​and a cousin have joined 'Café Restaurants'. After all, the second uncle's factory has no prospects.

Therefore, under the leadership of the second uncle and Lin Zhichao, the three brothers and sisters gathered at the "Café Restaurant"; after all, the financial resources of the elder cousin Lin Zhihao were not enough to expand the Café de Coral fast food, and if Lin Yunchu was required to pay, then naturally the younger siblings would join.

Fortunately, brothers and sisters in this era are very united and work together.

Lin Zhichao also hopes that the three cousins ​​​​can unite as one to jointly operate Café de Coral.

This year, Café de Coral will open 6 stores, bringing the total number of stores to 18; plus Wan Chai Fulin Hotel (a high-end Cantonese restaurant), Taibai Seafood Restaurant (valued at HK$5 million, including brand), and the planned Jumbo Seafood Restaurant ( The total investment is estimated to be HK$25 million) and these assets will be sufficient for listing.

Lin Zhichao estimates that the funds raised will be about HK$10 million. In addition to paying off part of the debt, these funds can also continue to develop other catering industries.

Once listed, it can also raise funds and the company can develop rapidly.

It’s Spring Again (1972)

In the office of the Media Building, Lin Zhichao was leisurely looking at the screen on the wall. On the screen was a movie shot by Jiahe.

Compared with Shao Laoliu, who watched several movies a day, Lin Zhichao only came to the media group occasionally and would watch movies and newspapers in the office, and cram in the content of the media group.

As for the content of other film companies, he doesn't have time to watch it.

"Dong dong. Boss, Miss Zhao is here!"

The clerk brought Zhao Yazhi, who was running around, to Lin Zhichao's office.

"Okay, you go out first!"

"Um"

After the clerk left, Lin Zhichao stood up and came to Zhao Yazhi. Seeing that she was a little nervous, he smiled gently.

"Come, let's sit on the sofa and chat, drink coffee or tea?"

"Ah, no, no, no"

Seeing Lin Zhichao doing it himself, Zhao Yazhi quickly refused with embarrassment and even asked--does such a big boss not have secretaries and assistants?

"Then coffee!"

Afterwards, Lin Zhichao made two cups of coffee himself, while Zhao Yazhi took the opportunity to look around, curiously looking at the rich man's office. Apart from being clean and spacious, it doesn't seem to be luxurious at all. At this point, the image of the boss seems to be the same as what she saw, and he prefers cleanliness and tidiness.

Handing a cup of coffee to Zhao Yazhi, she quickly thanked her.

After the two met for the first time in December last year, Lin Zhichao left the phone number of the media group and told Zhao Yazhi that he could contact him if he wanted to become a star.

In fact, Zhao Yazhi did not make the call immediately, or was not tempted to become a star, or was a little embarrassed to make the call immediately.

It seems that celebrities in this era do not have a good career and earn very little, especially female celebrities.

Then at the beginning of this month, Lin Zhichao took another trip on Japan Airlines and met Zhao Yazhi again. This time, she took the initiative to chat with Lin Zhichao and asked some questions. She mainly used being a star as an opportunity to test whether Lin Zhichao was sincere in recruiting her.

A week later, she couldn't hold it any longer and called the media group. In fact, Lin Zhichao had already instructed his staff that if Zhao Yazhi was to be interviewed, just bring him directly to his office.

"Want to be a star?"

Zhao Yazhi blushed. She didn't want to be a star. In fact, she couldn't hold back her curiosity and planned to come here during the holiday. In other words, she hoped to see Lin Zhichao again.

"No, I just want to come and have a look!"

Seeing her appearance, Lin Zhichao probably knew what girls were thinking. Maybe they really didn't want to be a star. After all, after being elected as Miss Hong Kong in her previous life, she could still continue to be a stewardess, which shows that not everyone wants to be a star in this era.

"Are you interested in acting?"

Zhao Yazhi still shook his head and said, "I heard that actresses work very hard and don't earn much."

Lin Zhichao immediately looked at her carefully, and it was not until Zhao Yazhi felt a little embarrassed that he looked away.

At this time, Zhao Yazhi felt that Lin Zhichao had taken notice of him, and his face was slightly red.

"Then you can become my assistant. You will definitely earn more than being a flight attendant, and you will have more time!"

Zhao Yazhi suppressed her ecstasy and pretended to be surprised and said: "Being your assistant?"

Lin Zhichao didn't know what the girl was thinking, so he said: "I am an office assistant in a media group. The work is relatively simple, even a bit boring. But if you want to learn something, you will have enough time, and the salary will be 1,000 per month, and you will be promoted later." It’s up to you whether you want a job or salary increase!”

Zhao Yazhi was moved when she heard the monthly salary of 1,000 Hong Kong dollars. The flight attendant's working hours were irregular and her salary was only 800 Hong Kong dollars.

"It's just that I don't know much about anything!" Zhao Yazhi said softly.

Of course she wants this job because she can be exposed to a higher level of society, but she is worried that she is not qualified for the job. Of course, she also vaguely understood that Lin Zhichao wanted to recruit her, so she was deliberately reserved like this.

Lin Zhichao leaned on the sofa, crossed his legs, and said with a smile: "It's just a clerk's job, serving tea and water, doing office hygiene, running errands and delivering things, etc. Don't you know how to do this job? You stewardesses, Isn’t that what we do!”

Zhao Yazhi thought to herself, isn't this the job of serving the boss? She was not sad but happy, and immediately said: "Well, I can do it!"

Lin Zhichao immediately let go of his legs, stretched out his right hand forward, and said, "Then you are welcome to come to work at any time. You can just go to the group office to join the job."

Zhao Yazhi quickly stretched out his right hand, and immediately felt that it was held by a warm and strong hand.

"Well, please take care of me, boss, in the future!"

"No problem, feel at ease!"

In this way, Lin Zhichao recruited Zhao Yazhi under his banner, and from now on he could see her wearing professional attire and wandering around his office.

It seems very good!

At this time, Zhao Yazhi's whole body is full of youthfulness, but his facial features are still very beautiful; if he is well cultivated, his potential will be even greater than in his previous life.

Thinking that he could train better girls, Lin Zhichao felt moved. Why should he wait for the opportunity instead of taking the initiative?

Makes sense!

So, soon.

"boss"

Zou Wenhuai came to Lin Zhichao's office and greeted him respectfully.

Lin Zhichao nodded and said: "This year when Jiahe Movies goes public, your dividend rights will be converted into equity, but you also know that Jiahe Cinema Line has a very high asset value. I invested 20 million at the beginning, and then used all my own money in the past two years to The profits will be invested, so your equity will not be too much when the time comes. According to professional accounting, everyone will cooperate fairly."

He regards the relationship between the two parties as cooperation and cherishes talents very much.

Zou Wenhuai knew that Lin Zhichao had always been very fair in doing things, so he said: "We have no problem! It's just boss, there is one thing I don't quite understand. What is the goal of Jiahe Films going public to raise funds?"

After all, with the speed at which Jiahe Films makes money, even if the boss uses the profits to invest in theaters, it will be very fast.

Lin Zhichao said: "I plan to buy a large industrial land in Tseung Kwan O, and then build a film and television base there. Golden Harvest's studio will also be built there, as well as administrative buildings, etc."

Zou Wenhuai was shocked. This boss was ambitious and even more ambitious than Shao Laoliu.

"Is the film and television base just for production?"

The implication is that this is very wasteful.

Lin Zhichao said: "Of course not, but to build a comprehensive cinema that integrates administration, production, tourism, and hotels. In fact, it is closely related to the hottest real estate industry. In short, it is very profitable."

Buy the next piece of land first, and then develop it into two projects - keep the site for the future TV station's administrative building and video building, and then sell it to brother companies. In the future, Lin Zhichao will even promote the merger of the TV and film businesses.

Zou Wenhuai was immediately moved and said immediately: "Okay, I am willing to convert the dividend rights of Jiahe Productions into equity interests in Jiahe Films."

He trusted his boss's character and made a decision quickly. He is looking for money. With the leadership of the boss, the market value of this company cannot soar.

Lin Zhichao nodded and said: "That's it. I'll ask a professional accounting firm to audit it later. When it goes public, you senior executives will also have the opportunity to buy stocks at low prices. You can decide how much to buy. My personal suggestion is, Jiahe There is no problem for the stock to double after the movie is released."

Zou Wenhuai quickly said gratefully: "Thank you, boss, for taking care of us!"

Isn't this just giving money to everyone? The boss is really generous!

Lin Zhichao smiled and said: "Without you, how could I make money easily!"

Zou Wenhuai said seriously: "Thousand-mile horses often exist, but bole does not always exist. Everyone understands this truth. Since the boss entered the Hong Kong film industry, the industry has undergone great changes, and everything has become better. This is recognized by everyone. .”

This is true. Currently, there are many satellite companies of Golden Harvest Films - Li Hanxiang, Xu Guanwen, Bruce Lee, Wang Yu, and Luo Wei have all established film companies, but in fact they are all inseparable from the support of Golden Harvest Films.

Later, Lin Zhichao said: "Do you know Guan Shan from Shaw Brothers?"

Zou Wenhuai said: "We have worked together with him before, but he is an actor in literary dramas, so we did not recruit him to join Golden Harvest. However, he established his own film company earlier this year. Could it be that the boss appreciates him?"

Lin Zhichao said with a smile: "That's right, we can strengthen our cooperation. Although we focus on commercial films, we also support artistic feature films every year, such as Li Hanxiang and Chu Yuan. These are all good at making non-commercial films, so we might as well have one more."

Zou Wenhuai said without hesitation: "No problem, I will discuss cooperation with him in person later!"

Everything the boss tells him must be no small matter, this is his opinion.

Starting from the discovery of Bruce Lee and Xu Guanwen, Zou Wenhuai gradually realized that he could not become a rival with his boss because his vision was too vicious.

Lin Zhichao here was also worried that his little thoughts would be seen, and immediately said: "Bruce Lee's kung fu movie style is too fixed, we can't all bet on him. I think Sammo Hung is very good, and is there anyone behind him?" There is a group of martial arts brothers, like there are seven little blessings or something, we can pay more attention and support to them and prepare the backup seeds for the enterprise."

Sammo Hung is from Golden Harvest. Although he has his own film company, it is actually a satellite company of Golden Harvest.

Zou Wenhuai nodded and said: "No problem! Our Golden Harvest Films is now the leader of Hong Kong movies, and it is very popular in Southeast Asia, and even has box office in Europe and the United States. Sammo Hung and the others are martial artists, so they are good materials for filming martial arts and kung fu movies."

After a brief chat, Lin Zhichao didn't say much. Jack Cheng still has to train for at least two years. After Bruce Lee's accident, he will consider focusing on training him.

As for Bruce Lee, four movies have been released and the fifth one, "Game of Death," is currently being prepared. It seems that this life is also the life of at least six movies.

Xu Guanwen's first self-directed and starred film "The Ghost Horse" is currently being filmed.

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