We're building a super chaebol in Hong Kong

Back then, using the information he had, Su Cheng spent 400 million Hong Kong dollars to acquire a total of 12.5% of China Light and Power's shares from three British individuals.

Subsequently, he tasked Zhang Qizheng with handling the stock market operations, successfully acquiring 8.2% of China Light and Power's shares on the stock market for around 300 million Hong Kong dollars.

In total, Su Cheng spent only 700 million Hong Kong dollars to acquire this 20.7% stake in China Light and Power.

Now, this 20.7% stake in China Light and Power has been sold off completely.

And the principal of 700 million Hong Kong dollars has turned into 1.75 billion Hong Kong dollars. In less than half a month, Su Cheng has earned a full 1.05 billion Hong Kong dollars from this.

Su Cheng's original intention was not to earn this money, but to force China Light and Power, or rather, to force the Kadoorie family, to cede some territory to Hong Kong Electric.

This pure profit of 1.05 billion Hong Kong dollars is definitely a pleasant surprise.

Not only did he successfully make China Light and Power yield, forcing them to give up some of their market share, but he also made a lot of money. It's truly a double blessing!

Just then, Wei Li came out of the elevator.

"Mr. Wei Li, I happen to have something to discuss with you," Su Cheng greeted Wei Li.

"Boss, Director Zhang, hello," Wei Li greeted Su Cheng and Zhang Qizheng with a smile, and then sat down.

"I'll have Mr. Ma Shiming come over first, and then we'll talk," Su Cheng thought for a moment and said.

Subsequently, he called the service desk on the first floor and asked them to call Ma Shiming back.

Three minutes later, Ma Shiming returned to the office.

"Boss, is there anything important?" Ma Shiming asked in surprise after sitting down.

"Boss, I'll go out for a bit first," Zhang Qizheng said with a smile.

He was not a member of Hong Kong Electric and consciously left, even though he already knew everything about these matters.

Su Cheng nodded, and after watching Zhang Qizheng leave and close the door, he turned to face Wei Li and Ma Shiming.

"These days, I have been secretly dealing with China Light and Power. Now, I have achieved the desired results. Through negotiations, the Kadoorie family, representing China Light and Power, has ceded the power supply rights for Tuen Mun, Islands District, and Sai Kung to Hong Kong Electric. From now on, Hong Kong Electric will be responsible for the power supply in these areas. However, Hong Kong Electric must also pay China Light and Power for the fixed assets in these areas. You two are responsible for handling this matter properly," Su Cheng said to them with a smile.

Hearing Su Cheng's words, Wei Li looked somewhat surprised.

Ma Shiming, on the other hand, looked very pleasantly surprised.

He didn't expect that the boss would complete Ma Shiming's proposal so perfectly.

After taking over Tuen Mun, Islands District, and Sai Kung, the gap in strength between the two sides has been greatly reduced, no longer the completely suppressive lead of China Light and Power.

Strictly speaking, although China Light and Power still seems to have a slight lead in terms of population, the strength of both sides can actually be said to be evenly matched.

"Okay, Boss, we'll handle this matter. We will coordinate the handover with China Light and Power," Wei Li nodded and said.

Now that he is the president of Hong Kong Electric, presiding over the overall situation of Hong Kong Electric, it is natural for him to coordinate this matter.

As for Ma Shiming, he is currently still learning and is Wei Li's deputy. Therefore, it is more important for him to learn how Wei Li presides over the overall situation.

"Sufficient. Currently, Hong Kong Electric has 350 million Hong Kong dollars in book cash, which is enough to cover the acquisition of fixed assets in Tuen Mun, Islands District, and Sai Kung," Wei Li said with a smile.

During his time as the president of Hong Kong Electric, Wei Li has also learned a lot about the power industry.

China Light and Power does not have many assets in Tuen Mun, Islands District, and Sai Kung. Even if it is acquired, it will not exceed 100 million Hong Kong dollars, which is naturally not difficult for Hong Kong Electric.

And Su Cheng's shareholding in Hong Kong Electric is only 52.9%. Although it is Su Cheng's absolute controlling enterprise, it is not a wholly-owned enterprise. Even if Hong Kong Electric does not have enough money, it is impossible for Su Cheng to pay for it himself.

Since Hong Kong Electric has the funds to deal with all of this, Su Cheng naturally does not need to worry so much.

This is also thanks to Bard, the former helmsman of Hong Kong Electric. Although he was a bit greedy, he also made a lot of contributions to Hong Kong Electric. At least, Hong Kong Electric now has so much cash flow on its books, and Bard's contribution cannot be ignored.

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Su Cheng understood these things when he took over Hong Kong Electric.

This is also the reason why Su Cheng drove Bard away but did not put him to death.

"Tomorrow, I will jointly announce this matter with China Light and Power. At that time, the person in charge of China Light and Power will also contact you," Su Cheng continued.

Wei Li and Ma Shiming both nodded, acknowledging that they knew about this matter.

"Islands District and Tuen Mun currently have small power plants, which are enough to supply power to the two places, but Sai Kung seems to have no power plant yet. If we take it over, we may have to build a small power plant there first," Wei Li thought for a moment and said.

Sai Kung itself has a sparse population.

Like Tseung Kwan O and Clear Water Bay Peninsula, they are currently under development, otherwise the population would be even smaller.

However, Shaw Brothers has a film studio in Tai Po Tsai, Clear Water Bay, with many additional supporting buildings, as well as some remote villa complexes, and many scattered factories and fishing villages, which certainly cannot be without power.

"I have an idea. Laying submarine cables in the Lei Yue Mun Strait to extend the cables from Hong Kong Island to Tseung Kwan O, Clear Water Bay, and other places will naturally solve the power supply problem in Sai Kung. Even building a small power plant would take a long time. Without a power plant, we can only continue to use China Light and Power's electricity. After laying the cables, there will be no such problem," Ma Shiming said, taking out a map of Hong Kong and pointing to the Lei Yue Mun Strait between Ma Wan Village and Heng Fa Chuen.

The distance between the two sides of the Lei Yue Mun Strait is only about 400 meters. Laying submarine cables is not difficult, and the cost can be very low. More importantly, the workload is small and can be completed in the shortest possible time.

By then, the electricity consumption in Sai Kung will no longer need to rely on China Light and Power.