The Industrial Giant Reborn

"Invest in the mainland? Chen Sheng is talking about the Beijing-Tianjin-Tang Expressway project?" Guo Henian asked directly without thinking.

One of the purposes of coming to Hong Kong this time is to carry out in-depth cooperation with the retail group under Chen Zhiwen. Naturally, we have conducted some investigations on Chen Zhiwen, especially the main business and investment. These are very influential investment projects. It is easy to find out that in the mainland, Chen Zhiwen's investment that he knows is mainly a few large electrical factories in Shekou plus a few joint venture factories in the Yanjing area, and this is known as the largest joint venture infrastructure cooperation after the reform. The Jingjintang Expressway of the project.

The amount of this type of investment can easily start at one billion US dollars. If Chen Zhiwen wants to bring in other people, it is normal. It can not only reduce his own investment amount, but also reduce the risk. In addition, introducing other people's funds may also introduce stronger financial institutions. financing channels, etc.

"No, the Beijing-Tianjin-Tang Expressway project does not need to introduce foreign capital. I'm talking about other aspects. Bao Yugang and Hu Yingxiang, Guo Sheng should know each other, right?" Chen Zhiwen asked with a smile.

The Jingjintang Expressway is the highest-quality infrastructure project in domestic history. Of course, Chen Zhiwen does not need to take it out and cooperate with others. Although the investment may cost more than one billion US dollars, as long as the bank loan is used, the actual achievement is enough. Coupled with the fact that it is a joint venture, I only have 49% of the shares, and this project requires a long period of time, so there is no pressure on funds at all.

The only problem is confidence. As long as you have confidence in the project, you can get a loan with your eyes closed. Of course, the line of credit is also a cost, but it is nothing to Chen Zhiwen. He has been trying to bring in more people to invest, because he needs everyone to share his pressure.

"Bao Yugang is familiar with him, and he has met Hu Yingxiang's words twice, but he is not familiar with them. Does Chen Sheng's inland investment have something to do with them?" Guo Henian asked.

"Yes, the three of us have set up an organization together called Taishan Club. The main purpose is to invest in domestic projects together and use the resources, contacts, and vision of all parties to obtain the maximum benefit. However, if there is Good overseas projects can also be done together." Chen Zhiwen nodded and said, and then he described the general situation of the Taishan Club.

"So that's the case." Guo Henian nodded and said.

"So I hope that Guo Sheng can also join the Taishan Club, so that we can invest together." Chen Zhiwen said.

"Then why invest in China? Chen Sheng has a large number of industries, but I don't have one. My sugar industry can only be located in Southeast Asia, which is rich in sugar. Although there are such places in China, they don't need my investment. Do you want to invest in infrastructure projects like the Jingjintang Expressway together?" Guo Henian said.

"No." Chen Zhiwen shook his head and said, "But since Guo Sheng has also come to Hong Kong, why don't I ask Bao Sheng and Hu Sheng to meet tomorrow, so that we can discuss what we can invest in China? How about it? "

"Okay, let's discuss it tomorrow." Guo Henian nodded and agreed. Today, Chen Zhiwen and Chen Zhiwen have so readily agreed on retail cooperation in other Southeast Asian countries, which is considered a success, although there will be many details in the future. , but as long as the two bosses have settled down, unless there are irreconcilable conflicts later, it will be a matter of time before it can be completed.

And this Taishan Club, which is in charge of investing in China, is a surprise. He actually wanted to invest in China a long time ago, but there have been no good projects. The large-scale projects needed in China are not involved in his business territory. Small, and he doesn't like it. It would be a good choice to invest together with compatriots in Hong Kong. Even if it is infrastructure, if there are more people, then the burden of sharing will be much smaller. After all, the Chinese people all over the world Few of the rich can afford to invest in highways of more than 100 kilometers.

"Okay, then I have made an appointment, and I will contact Guo Sheng when the time comes." Chen Zhiwen nodded and said.

The next day, Hilton Hotel:

Bao Yugang and Hu Yingxiang came here ahead of time, and Hu Yingxiang said, "Chen Sheng, how much did you spend on the hotel property?"

"At the beginning, I directly acquired the Wingo Group in the United States. There are two hotels under the Wingo Group, one is the Hilton, and the other is in the Indonesian island of Bali. It cost a total of 170 million Hong Kong dollars. The Indonesian hotel later It was sold for 50 million Hong Kong dollars, which is 120 million Hong Kong dollars." Chen Zhiwen said after thinking about it.

"As expected of Chen Sheng, the land under this hotel is worth more than one billion Hong Kong dollars, and this kind of land is not something that can be bought with money in Central Hong Kong." Hu Yingxiang said with emotion.

"Haha, Hu Sheng, Chen Sheng paid tens of millions of Hong Kong dollars by himself back then, and the rest were all bank loans. The rate of return has to be tripled." Bao Yugang said with a smile, but But I feel very uncomfortable in my heart, one billion Hong Kong dollars? His fleet can't earn so much after working hard on the sea for a year, but the real estate developers in Hong Kong don't do anything. They bought a piece of land a few years ago, and now they are earning money, and they don't need to worry about it. You need to worry about accidents, and you don't need to consider international tax issues and so on. This is completely a blow to dimensionality reduction. Although there are problems such as vision, but in the past few years, basically all of them have made a lot of money. The difference is that they earn a lot and a lot, which is much better than running sea freight.

"I'm sorry. At the beginning, I just thought this might be a rare opportunity to acquire land in Central, so I decided to do it." Chen Zhiwen said with a smile.

At present, he owns 4 buildings in Central, one is Hutchison Building, which is currently the headquarters of Hutchison, two were acquired from Wheelock, the last one is the Hilton Hotel where it is now, and the first three, Whether it is location or area, it is far inferior to the Hilton Hotel.

The biggest feature of the Hilton Hotel is that it is a hotel, so when it was planned in the 1950s, it bought a large area of ​​land, because the land price was not expensive at that time, and the American consortium was very aggressive. After all, the United States and the United States at that time The economic gap in Hong Kong is too great. The owner who bought this land at that time only really wanted to do hotel business instead of real estate. But in fact, the hotel has worked hard for a hundred years, and it cannot compare with the current value of the land below. .

Nowadays, such a large area of ​​land is very rare in a place like Central, where the land is very expensive. In the past, Li Jiacheng demolished the hotel on this land and built the headquarters of the Changjiang Tower.

"I believe in Chen Sheng's vision. Since Taishan Society is planning to invest in the Mainland, does Chen Sheng already have an investment direction?" Hu Yingxiang asked with a smile.

"Yes, but let's talk about it together when Guo Henian comes over." Chen Zhiwen said with a smile.

After a while, Guo Helai arrived. After seeing the three of them, he said apologetically, "Sorry, I was late for a while. The traffic jam in Hong Kong is a bit serious."

"It's okay, it's normal." Chen Zhiwen said with a smile: "In the past two years, housing prices in Hong Kong have risen sharply. Many Hong Kong people have started to buy cars, and the traffic is more congested than before."

"So that's what happened. I really haven't been to Hong Kong for two years." Guo Henian nodded and said.

"Guo Sheng, you came to Hong Kong suddenly, and you didn't come to see me. If it wasn't for Chen Sheng's invitation, I wouldn't even know you were here." Bao Yugang said with a smile.

"Haha, of course I will visit you, but business is important first, even if Chen Sheng doesn't hold this party, I will visit you in the next few days." Guo Henian said with a smile.

"Just kidding, don't worry about it. Originally, I wanted to be a middleman to let you and Chen Sheng get to know each other. Now it's convenient and saves me trouble." Bao Yugang said with a big laugh.

"Chen Sheng's name is very famous in Southeast Asia. I have long wanted to get acquainted. We have some cooperation in Southeast Asia. This time I came to Hong Kong for this purpose." Guo Henian said with a smile.

"Okay, now that everyone is here, let's talk about business first. We can catch up at any time. My yacht is parked not far away. When things are over, the three of you can go up and play." Chen Zhiwen said with a smile.

"Well, I've been boating all my life, and this is the first time I've been on a luxury yacht like this." Bao Yugang laughed.

"Then let's get started." Chen Zhiwen paused, and said, "Taishan Club is an investment organization that Baosheng and I verbally reached in Yanjing City, China a month ago. This organization will not only consist of the four of us. In the future, if there is a suitable one, you can also join. All of us can recommend it, and we can disagree. At present, it is enough for a few of us to discuss it. When there are more people in the future, we will consider making rules.

Taishanhui is different from a joint venture company. There are no shares here, and it is only for different projects. For example, if I am more optimistic about a project, then I will invest half or more. If you are not optimistic, you can invest less or not, and vice versa. Everyone mainly discusses. When more funds are needed, financing can also be provided in the meeting, or help in a certain direction is needed. As long as the meeting has the ability, it should try to help as much as possible. However, this kind of help is not free. Still have to follow the market rules, but if you cooperate more, you can get a discount, what do you think? "

"That's not a problem, so why do we invest in the mainland?" Guo Henian asked. These requirements are equivalent to none, and they are very free. The ultimate goal of such an economic organization is to make a profit. Only when it is profitable can everyone be tied up. Together, otherwise, it is purely equal to nothing.

"At present, there are not many fields that can be invested in China, and the few of us, except me with a little industry, are mainly playing capital, so I think the first business in China is to build five large-scale projects in large cities in China. A star hotel." Chen Zhiwen said.

"Five-star hotel?" Guo Henian was stunned for a moment and asked, "Is the domestic consumption power so strong?"

"Of course, there are 1 billion people in China. Even if one out of a thousand people has spending power, that's a million people. These people basically gather in big cities. We go there to build, which just meets their requirements." Chen Zhiwen Said.

To say that there is no money in the country is an underestimation of the country. In the mid-1980s, the number of imported cars alone exceeded 100,000 a year, and the number of home appliances such as color TVs, air conditioners, and refrigerators was in the millions.

"But even if they have the spending power, what they spend is still in RMB. Even if we make money, it will be difficult to get it out?" Guo Henian asked again.

"Why take it out? With RMB, wouldn't it be more convenient for us to invest again?" Chen Zhiwen said with a smile.

Many overseas investors are unwilling to invest in China. The biggest problem is that the money they earn is difficult to come out. For example, after 2020, if you let foreign capitalists invest in India, it is not very courageous, but dare not.

But for Chen Zhiwen, it is not a problem at all. The funds stay in the country and are recycled and invested. In the 1990s or 2000s, when the central government has more foreign exchange reserves, it can be released easily. Besides, the domestic economy has really developed. Why do you have to transfer the money out? There are too many projects that can be invested in the country.

"It's right to think so." Guo Henian nodded and said, and the other two also agreed.

"Actually, there is no need to worry. The main customers of our hotels are overseas businessmen or tourist groups. They have foreign exchange certificates. It is not difficult for us to get them. Moreover, there are tens of millions of Chinese overseas. Many of them also have foreign exchange certificates in China. Relatives, this has led to many people in the country having a lot of foreign exchange or foreign exchange certificates, and we can easily eat the consumption of these people." Chen Zhiwen continued.

In China, investing in five-star hotels in this era will actually not lose money at all, because those investors who started in the 1980s basically recovered their costs in six or seven years, and the rest is pure profit, because many A city needs to attract foreign capital or attract external tourism groups, but there are no hotels. If you build a hotel, it will monopolize the demand of overseas visitors, and there are also many local consumers.

"In fact, I also control many tourism companies in Malay. If there are any tourist attractions in China, I can also encourage Chinese in Malay to go back to China to travel." Guo Henian continued.

"That's not bad. If we have such capabilities in other countries, it will be of great help to the domestic tourism industry." Chen Zhiwen nodded and said, this is Guo Henian's unique resource. No matter how Chen Zhiwen develops, it will be difficult to achieve it , It is impossible to have the energy to do this kind of thing. This is also the original intention of the Taishan Club. The resources of the Chinese in all parties can be used to the greatest extent, and the reverse will give everyone greater benefits.

"Then who will be in charge of this matter? Chen Sheng, you proposed this. Are you in charge of this matter?" Bao Yugang asked suddenly.

"Actually, I think the more suitable candidate is Hu Sheng." Chen Zhiwen replied.

"Me?" Hu Yingxiang was stunned for a moment, he just wanted to come and listen, but he wasn't ready to do anything.

"Yes, Hu Sheng, among the four of us, you are the best at real estate projects, and your vision must be the best." Chen Zhiwen said: "Actually, what we need is you, Hu Sheng, to be in charge of site selection. Issues such as joint venture negotiations can be exclusively assigned to the professional manager team.”

"Okay, then I'll try." Hu Yingxiang thought for a while, then nodded and agreed, although he knew that if he really took over, it would not be so easy, but this is indeed an area he is relatively good at. Another one, the person in charge of a large-scale project will indeed not be low in terms of many benefits.

"That's good, how about we discuss it after Hu Sheng has chosen the location?" Chen Zhiwen said with a smile.

"Yes." Guo Henian and Bao Yugang nodded and said, both of them missed the booming real estate in Hong Kong. I don't know how regretful they are. Now they have the opportunity to invest in the mainland with Hong Kong's most discerning Chen Zhiwen. I will not give up. Besides, domestic land is basically worthless, and the prices are also low. How much can I spend investing in hotels or joint ventures?

"Chen Sheng, do you think that domestic land prices will rise significantly in the future?" Hu Yingxiang asked.

"Yes. There is such a judgment." Chen Zhiwen nodded and said, he naturally knows the future situation of domestic land prices, but at present, it is difficult to sell domestic land, mainly for industrial purposes. In terms of pure capital investment, except for the deep sea city , office buildings and residences in other places are not open at all. The only opportunity is the hotel, because the country needs hotels to entertain investors from overseas, and the domestic people do not understand the design concepts and business models of western hotels, so they can only rely on them. Overseas capital to invest, this may be the only way at present.

"If you're interested in land, it's more cost-effective to invest in a five-star hotel, but it's more profitable to invest in a five-star resort. For example, you can directly acquire a large area of ​​land by the Yangtze River, by the sea, or by an inland lake." Hu Yingxiang said.

"Good way." Chen Zhiwen was stunned for a moment, then nodded and said, as expected of a real estate player all his life, he could think of this way, but he only thought about planning an extra green area or a parking lot when building a building, but he directly Thinking of building a resort, the area is huge. The distance between each villa-type hotel is still large, and if you build some artificial lakes or something, you can’t directly take a land of hundreds of acres. .

"I just thought of it by chance, because there are many hotels like this in Europe and the United States." Hu Yingxiang said with some embarrassment as he watched the three of them look at him in surprise.

"Since you think of this method, Mr. Hu, you should try it out. Choose Beijing, Shanghai, Guangzhou, or the cities in the coastal provinces first. After the negotiation is settled, we will discuss how to invest in a joint venture." Chen Zhiwen nodded and said.

"Okay, leave this matter to me. After a while, I happen to go to the mainland again." Hu Yingxiang said.

"Currently, the only investments that are acceptable in China are hotels and some infrastructure that are suitable for us. In terms of infrastructure, freedom is still the main focus. Everyone depends on their own wishes, except for the factory I invested in. If you are also interested in industry, you can also Try to become the supply chain of Midea and Xinghe Trade, but it needs to invest and build factories in China. I will not make any promises, but it can be said that even a simple industrial chain, as long as it is done well, the future income will be very high. "Chen Zhiwen continued.

"In the industrial field, I'm not sure. I have never had experience in this field." Bao Yugang said with a frown.

"It's good to buy a suitable one. Many of Midea's businesses came from the same way. After the acquisition, they will inject funds to develop well. As long as the quality is not a problem, the return may not be lower than that of real estate investment in Hong Kong." Chen Zhiwen said with a smile.

Ordinary industries are naturally not as good as real estate in Hong Kong, but Midea is different, and as a supplier of Midea, the potential is unlimited. Midea is not capable of doing all of these supply chains by itself, so it is better to give yourself a better relationship. good person.

Of course, no matter how good the relationship is, there can be no problems with the quality, or else the relatives will not recognize it.

"Bao Sheng can try it. I bought a Midea supplier a few years ago and supplied them with casings. Now the annual turnover is more than HK$100 million, which is not low." Hu Yingxiang said with a smile.

"Okay, let me think about it." Bao Yugang nodded and said.

Guo Henian on the side asked: "Chen Sheng, your beverage company also uses sugar, right? I can give you a certain discount."

"Red Bull needs sugar, but not much. Very Coke uses a lot. It's just that the factories in Hong Kong have signed contracts with the Swire Group. Let's see, Red Bull intends to build a large-scale food and beverage factory in Shanghai, including very Coke can be supplied to the country there, and the demand for sugar may be greater than that in Hong Kong." Chen Zhiwen thought for a while and said.

The joint factory with Shanghai is still being negotiated, but the basic principle is that these foods and beverages can enter the country. With the domestic population, Chen Zhiwen would know that Coke would be popular in the country with his eyes closed, among the people who lack food and clothing , The high-calorie and high-sugar content in instant noodles and cola is junk food overseas. In these places, it is golden food.

"Doesn't the country know much about importing sugar?" Guo Henian asked.

"It doesn't matter. There is relatively little sugar in the country. The supply itself is in short supply, and the quality may not meet the demand for Coke. As long as I can guarantee foreign exchange balance, imported sugar is not a problem." Chen Zhiwen said.

"That's good. I actually supplied a lot of syrup from Coca-Cola, and I will definitely give Chen Sheng the best quality." Guo Henian said with a smile.