We're building a super chaebol in Hong Kong

July 1st, Southern Hong Kong, Lamma Island.

Su Cheng, Zhang Qizheng, and ten bodyguards were on a yacht that eventually docked at the Yung Shue Wan Ferry Pier on Lamma Island.

The pier was very rudimentary, and outside it was an oil refinery.

This was one of the few flat areas on Lamma Island. If nothing unexpected happened, the oil refinery would close down in a few years, and the site would be reclaimed and expanded to eventually build a power plant.

However, with Su Cheng's involvement, all of this had changed.

Lamma Island, located southwest of Hong Kong Island, formerly known as Pok Liu Chau, has an area of approximately 13.55 square kilometers, making it the third largest island in Hong Kong, after Lantau Island and Hong Kong Island.

Since Hong Kong's economic take-off in the 1970s, many young Lamma Island residents had moved from the island to Hong Kong to make a living. Lamma Island, like other rural areas, was mostly populated by the older generation.

Two days ago, Zhang Qizheng, on behalf of Tianyuan Company, had signed transfer contracts with two oil companies. In other words, the oil refinery in front of them was now entirely Su Cheng's property.

The tall chimneys, the ubiquitous iron towers, oil storage tanks, and the extending steel pipes gave the place an industrial feel.

"Boss, the oil refinery's director is in that office building ahead." Stepping off the pier, Zhang Qizheng pointed to a four-story white-walled building not far away.

"Okay, let's go." Su Cheng nodded, quite curious about the oil refinery before him.

Along the way, Su Cheng saw many employees wearing blue overalls and safety helmets.

They were also curious about Su Cheng and his group.

After all, Lamma Island was a very remote place in Hong Kong. Usually, people dressed as well as they were would never come here. At most, some local villagers would come here for temporary work.

Soon, they arrived at the white building.

Zhang Qizheng had clearly been here before, so he was very familiar with the place. He led Su Cheng directly to the third floor of the building and then to an office.

There were not many people in the office, only a few. There was also a separate small room inside with the sign 'Director's Office' on it.

Walking into the director's office, they saw a middle-aged man wearing glasses writing something. Hearing the sound at the door, he looked up.

"Director Zhang, why didn't you tell me you were coming? I would have welcomed you," the middle-aged man immediately stood up and said with a smile.

"No need for such formalities. Let me introduce you. This is our boss, Mr. Su Cheng," Zhang Qizheng said to the middle-aged man.

"Ah, so it's the boss. I'm really sorry. It's our first time meeting, and I didn't recognize you. Boss, please have a seat," the middle-aged man hurriedly stood up with a smile, pulled a chair for Su Cheng, and then pulled another chair for Zhang Qizheng.

After Su Cheng sat down, the middle-aged man said, "Boss, since it's our first time meeting, let me briefly introduce myself. My name is Zhou Zhou, and I am the director of Nanyang Petrochemical Co., Ltd. I used to work for Standard Oil Company in the United States, starting as a technician and eventually becoming the director of a branch factory. During the 1973 world oil crisis, the company reduced production and closed some branch factories, and my branch factory happened to be one of them. Coincidentally, a friend of mine in Hong Kong built an oil refinery here on Lamma Island and invited me to be the director, so I have been working here since 1974."

Su Cheng nodded. To be able to work for Standard Oil Company and become the director of a branch factory, his ability must be good.

You should know that in this era, Standard Oil Company was the largest oil company in the world.

"Boss, I have checked the information of Nanyang Petrochemical Co., Ltd. In the four years since the factory was built, the factory's production performance has been very good, and there has not been a single accident. It's just that the original boss had relatively low strength and a relatively small oil sales channel, and it has always been difficult to develop new markets, so he had the idea of selling the factory," Zhang Qizheng said with a smile.

"Capable people, under my leadership, don't have to worry about not having room to play. Since Director Zhou is quite capable, then I don't need to think about finding another new director. I hope Director Zhou will do a good job. Next, our factory will expand production. I hope Director Zhou will continue to work hard and help me manage this factory well. The salary will be increased to a certain extent. In short, I will not mistreat you!" Su Cheng said.

"Boss, please rest assured, I will definitely do a good job. I have worked here for four years, and I have a deep affection for this place. Although the place is remote, the environment is good. Compared to being in the United States, I have more motivation to work in Hong Kong. Boss, would you like me to take you to visit our factory?" Zhou Zhou said.

The entire factory area was almost entirely composed of towering oil refining towers, numerous oil tanks of different sizes, and crisscrossing pipelines.

"Our factory mainly produces petroleum fuels such as gasoline, jet fuel, diesel, and fuel oil. The main processing method is atmospheric distillation. In order to increase the yield of light oil products and meet the needs of further processing, we also have a vacuum distillation unit. If the entire factory is fully refining crude oil, the annual refining capacity can reach 1 million tons. This tonnage can also rank in the top three in our entire Hong Kong," Director Zhou introduced while leading Su Cheng and others on a tour.

Su Cheng nodded and toured, even though he was completely confused and didn't understand any of it.

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"If the oil tanks here are expanded, how much crude oil can they hold at most?" Su Cheng asked.

"Boss, since our Lamma Island is mainly mountainous, if we only increase the number of oil tanks, we should be able to hold about 800,000 tons at most. Any more than that, we can only expand on the mountain, but that would be too costly and not cost-effective. And our current existing oil tank storage capacity is only about 100,000 tons," Director Zhou said, although he didn't know what Su Cheng meant by asking this question, he still calculated it in his mind and gave the answer.

Su Cheng nodded.

In fact, when he was on the island, he knew that this place was not suitable for building a crude oil storage warehouse.

Although Lamma Island is not small, with an area of nearly 14 square kilometers, there is too little flat land. Basically, it is mainly mountainous. To develop it, almost the entire island's mountains would have to be leveled. This situation not only requires a lot of funds, but also takes a lot of time, which is completely unrealistic.

Therefore, to build a storage warehouse, another site must be chosen.

"Boss, I have checked the information of Hutchison Whampoa's industries. In Tuen Mun, Hutchison Whampoa not only owns a piece of land with an area of 7 million square meters, but also has a pier that can dock 10,000-ton ships. If the boss wants to build oil tanks to store crude oil, that would be a pretty good place," Zhang Qizheng reminded from the side.

7 million square meters, equivalent to 7 square kilometers, this area is already half the size of Lamma Island. It is indeed a good place. After hearing this, Su Cheng immediately had a goal.