We're building a super chaebol in Hong Kong
#78 - One hundred million Hong Kong dollars is enough for now.
After resting on Lamma Island for a night, Su Cheng and the others leisurely boarded the yacht around noon the next day and headed back to Central Pier.
Now, Su Cheng is a well-known figure in Hong Kong, so before returning, he specially disguised himself, wearing a hat and sunglasses. Unless someone paid special attention, it would be generally impossible to recognize him.
Their car was parked in the Central Pier parking lot. After going ashore, Su Cheng directly asked the driver to head towards the Su's Group Building.
Since returning from Europe, Su Cheng had been busy with Hutchison Whampoa's affairs, and he hadn't paid much attention to Su's Group.
Yang Chaoye had been in charge of Su's Group for some time now, and it was time to go and take a look.
At the Su's Group Building, in the CEO's office, Su Cheng met Yang Chaoye, whom he hadn't seen for a long time.
"Boss, congratulations! I didn't expect your strength to be even greater than I imagined," Yang Chaoye said, congratulating Su Cheng as soon as he saw him.
This was Hutchison Whampoa, a large company with a market value of several billion. To privatize such a large trading house and completely take it as one's own was no simple feat.
"Thank you. President Yang has been in charge of Su's Group for a while now. How do you feel about it?" Su Cheng asked with a smile, finding a chair to sit down.
Such a small group, however, owns nearly a hundred subsidiaries. To put it bluntly, its strength is not strong, and it wants to dabble in everything, making it difficult to develop quickly.
If it weren't for Su Tianhe's relatively strong abilities, Su's Group would never have been able to develop to a market value of several hundred million.
"What do you think of Zhang Li's management skills? Do you want me to recruit a deputy for you?" Su Cheng asked.
"She's very good. She's very familiar with everything about Su's Group, and she's been able to maintain Su's Group's normal development speed even without a chief executive. She's capable enough to be my deputy," Yang Chaoye commented.
"Alright, I'll leave the affairs of Su's Group to you from now on. I believe in your abilities," Su Cheng said, nodding.
In fact, Yang Chaoye's approach was similar to Wei Li's initial handling of Hutchison Whampoa's affairs. Both eliminated the useless and then focused on developing more profitable ventures, which could revitalize the group in a short period of time.
"I learned that the novel 'A Step into the Past' serialized in the 'Knight-Errant Literature Novel Newspaper' was written by you, Boss. To be honest, I really didn't expect a wealthy tycoon like you to have such literary talent, and writing a book is also quite time-consuming. Frankly, although you're young, this old man is increasingly unable to understand you," Yang Chaoye said with emotion.
Writing a book? Su Cheng didn't have to write it himself; it was just a simple matter.
"Let's not talk about these meaningless things. President Yang, you used to be a vice president at IBM. You should be very familiar with the computer industry. I also want to develop in this area. Although there are still few people using computers now, I think that in the future world, computers will become a very important part of people's lives. Originally, I was thinking of having Hutchison Whampoa develop it, because they have a very good technological industrial base, but thinking that President Yang is more familiar with this area, I plan to hand this task over to you," Su Cheng said with a smile.
"Of course I understand this industry. I've been dealing with computers all my life. Don't worry, leave it to me. There's no need to worry about talent. After so many years at IBM, I basically know all the technical talents in the United States. I know a lot of computer bigwigs, and many have worked under me. As long as the salary is high enough, it won't be a problem to attract some elites or even technical giants, but the funding must be in place," Yang Chaoye said with a confident look when it came to computers.
In fact, Hong Kong's industrial level in the 1970s was very strong, even ranking among the top in the world.
In the early 1970s, the rapid development of Hong Kong's industry impressed the world. The export value and quantity of many industrial products, such as clothing, watches, and toys, ranked first in the world. Hong Kong, which was at the forefront of the world's emerging industrial economic regions, became one of Asia's "Four Little Dragons."
Against this background, developing high-tech industries is not difficult. What's difficult is the high investment in scientific research.
However, these difficulties can't stump Su Cheng. Little Ai possesses numerous technological products that are decades ahead of this world in technology. In terms of research and development, there's no need to invest too much capital at all.
First, improve the level of computers, and then the world's technology can develop faster.
"I'll transfer 100 million Hong Kong dollars to the company account first. I have a short-term investment project that requires a relatively large amount of capital in the next few months. You can first set up the computer project and recruit the talent. After that, I'll provide more help," Su Cheng said with a smile.
Although he currently has more than 4 billion Hong Kong dollars in funds available, these are reserved for other uses. For the computer sector, once Yang Chaoye gets the subsidiary up and running, his funds should also be freed up.
"100 million Hong Kong dollars is enough for now. I'll set up the framework as soon as possible," Yang Chaoye said, nodding.
As for the more help Su Cheng mentioned, Yang Chaoye assumed it meant providing financial assistance.
In reality, Su Cheng will provide them with advanced technology in due course, so that new products can be produced in the fastest possible time.
Of course, this road must be taken step by step. For example, now, Su Cheng will at most take out the computer technology of the mid-1980s, and it is impossible to directly take out the computer technology of the 21st century.
Because with the current industrial level, it is impossible to make such a product.
Taking too big a step can easily lead to trouble.
"Well, in addition, Su's Group and Hutchison Whampoa Group can conduct close cooperation. Both of your companies are mine. You can be considered brothers. Everyone should develop together in order to develop better in this fiercely competitive market! I'll mention it to Wei Li at Hutchison Whampoa," Su Cheng continued.
"That would be the best. Hutchison Whampoa's strength is more than ten times that of our Su's Group. By cooperating with them, the development speed of our Su's Group will be even faster," Yang Chaoye agreed.
"It's been a while since you came to Hong Kong. Are you adapting? How do you feel?" After discussing the matter, Su Cheng inquired about Yang Chaoye's recent situation.
"I really like this city, and so does my old partner. If it weren't for my children being all grown up and having their own ideas, I would have wanted them to come to Hong Kong to develop," Yang Chaoye said with a smile on his face when he mentioned this.
"It's good that you're adapting. Hong Kong is a very promising city. I believe you will be immensely proud of your choice in the future," Su Cheng said with a hearty laugh.
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