Chapter 107 The Visit of the Rich Young Master
On the fourth day after Robert and Robin left Hong Kong, Yang Wendong was discussing with several people in the company about the subsequent location selection of the new factory.
Wei Zetao said: "I have already told the Industrial Bureau in Tsim Sha Tsui that they are very supportive of us expanding the scale of industrial development. As for the land, as long as we pay the normal price, the government can approve it, but Some places may involve demolition costs and land leveling costs
Or we buy other people's factories. Or a warehouse is fine, but if it is a large area, it may not be available. The factories on the Kowloon Peninsula are generally not very large. As for warehouses, only small ones are for sale, and large ones are generally good at doing business. "
"Then buy the land from the government, it's worth the cost of land leveling," Yang Wendong said directly without much thought.
Wei Zetao nodded and asked: "Of these places, which one is Yang Sheng optimistic about?"
Yang Wendong pointed to a location on the map and said: "Here, it's not very far from the center of the town, and the transportation is convenient. Just a little, we can just build an extra path to the main road.”
In fact, he is not sure how Tsim Sha Tsui will develop in the future, because many places are still villages and farmland.
So the basic logic of his choice is to be close to the current town center and the seaside. It is better to have both, and one is okay. The instinct for the development of human society is to be close to the water source and to follow the original population. The residence develops in all directions.
Wei Zetao looked at the location and understood what the boss meant, but still reminded: "Yang Sheng, the price here will be a bit more expensive, about 1.5 times that of other places.
The Hong Kong government's sale of industrial land, like residential or commercial land, also depends on location. "
"It's okay, the price itself is not high, and it doesn't matter much if it is higher. Yang Wendong didn't care at all and said: "It will be much more convenient to recruit people here in the future. We will need a lot of workers in the future. The location is too remote and it will cause trouble." ”
It is more expensive now because of the good location. In the future, such a large land will not only be a matter of price.
Right now, many places on the Kowloon Peninsula are still wasteland, or Just common agricultural uses, e.g. Dairy Farm International owns a large amount of land in Pok Fu Lam for raising dairy cows.
For this reason, 14 years later, Land Land was keen on its land reserves and launched the most famous "Land Land Drinks" in Hong Kong history. "Milk" incident.
Of course, Milk International purchased these lands earlier, and the area is larger, and even now they cannot buy them.
Similarly, the large areas of land that can be bought now may not be available in 20 years if you have money. Although it is industrial land, it will still be very valuable in the future.
Wei Zetao said: "Okay, then we will wait for the United States to As long as the funds from the side arrive, we will buy the land immediately, and then arrange to clear the land and prepare to build the factory.”
“Okay, this time, with our own big factory, our production capacity can finally be achieved. Satisfied." Yang Wendong said with a smile.
Wei Zetao then said: "Yang Sheng, I have calculated the funds again. The purchase of land, land leveling, factory infrastructure and a large number of subsequent equipment for a new large-scale factory, although US$500,000 is not a lot, but Not necessarily enough.
In addition, we also need to prepare funds to purchase the glue production line and patents from 3M. In this case, we still need to borrow some funds from the bank. "
Yang Wendong smiled and asked: "You mean this loan is too much? ”
His current expansion is all funded by borrowed money. The early 800,000 loan from Liao Chuang Hing Bank has begun to be gradually repaid through the production profits of the existing factory, but it has not yet been paid off.
It’s just that at least the early success has proven that you are able to repay the debt. In this case, you don’t actually need to pay off the loan before borrowing money.
The charm of finance is that you can do it out of thin air. Leverage that can be magnified many times is relatively rare in industry. Neither banks nor factories dare to play this way.
Wei Zetao said with a smile: "It's quite a lot, but when doing business, you shouldn't use your own money, try to use the bank's money.
Talk about the most popular shipping industry in Hong Kong, most people buy The money for the boat is borrowed, and then it is operated and then paid back slowly. If you don't do this, you won't make money at all. The speed is too slow."
"Well, you can borrow it. Just borrow. "Yang Wendong agreed: "In terms of risks, our products have been recognized by the market, and the risks are much lower than shipping."
Real estate also plays this way, and even borrowing is even crazier, otherwise. How could someone in his previous life owe more than two trillion yuan in debt? It was caused by unlimited borrowing, even though there was a mortgage.
It’s just that Hong Kong’s real estate industry is not yet considered a mainstream economy, or that a company with a boss level has not yet been born.
At this moment:
"Dong dong dong~" There was a knock on the door, and Su Yiyi walked in: "Brother Dong, there is a person from Liao Chuang Hing Bank outside who wants to see you."
"From Liao Chuang Hing Bank?" Yang Wendong and Wei Zetao looked at each other. Neither of them knew what was going on. Generally speaking, banks would not suddenly send people to the factory.
Then Yang Wendong said: "Then let him in."
"Okay." After Su Yiyi said that, she left and went to pick up people at the door.
Yang Wendong and Wei Zetao took advantage of these few minutes to tidy up their desks.
After a while, a young man who looked to be in his mid-twenties came in.
"Hello." Yang Wendong also stood up and walked towards the door. The two met in the middle of the office and shook hands politely.
The visitor also smiled and said, "Hello Yang Sheng, this should be Wei Sheng."
"Hello." Wei Zetao also shook hands and smiled.
"Please sit down!" Yang Wendong called the guests to the sofa next to the office table.
After moving into this new factory, office space is naturally not a big problem. Although it is not the luxury to make the office and conference room very large, it can still reach the normal usable level. Now, most people won’t feel small when they come in.
"Okay, thank you." Before the visitor sat down, he introduced himself: "My name is Liao Liewen, and I am a business manager at Liao Chong Hing Bank."
"Liao?" When Yang Wendong and Wei Zetao heard the last name, they immediately thought of a possibility.
The surname "Liao" is not a common surname. In his previous life, Yang Wendong met many people while doing business, and he met someone with this surname; and the official surname of Liao Chuang Hing Bank is Liao. This coincidence is a bit Too low.
Wei Zetao paused and asked: "What is the relationship between Liao Sheng and Mr. Liao Baoshan?"
"It's my father." Liao Liewen politely replied. There is no way, the surname of their family is relatively rare, not to mention that I am here on behalf of Liao Chong Hing Bank, even if I went to participate in some business activities in the past, once I say my surname, others will ask me the same question.
Because the only famous rich man in Hong Kong named Liao is his father; and if the surname is Li, Chen, Liu or other common surnames, there will be no such trouble. So you can act in a low-key manner.
"Disrespect, disrespect." Yang Wendong was also surprised in his heart, why did the bank prince come to his place, but it didn't show on his face.
"You're welcome, Yang Sheng." Liao Liewen smiled, and then said: "Yang Sheng, I'm here for two things this time."
"Please tell me." Yang Wendong probably guessed one of them. One thing.
Liao Liewen said: "Our bank has just received a bank draft of US$500,000 from Citibank in the United States. The account the draft is remitted to is yours.
We have also confirmed it with Citibank. , But on your side, our bank also needs to confirm, after all, it involves 500,000 US dollars of funds."
"It's ours," Yang Wendong said with a smile. Sure enough, it's because of this huge amount of funds.
In fact, it is normal. US$500,000 in this era is a very large sum of money. It is because of the huge potential of the post-it market that 3M is willing to pay this money.
In the original history, sticky notes were one of the core products of 3M, a Fortune 500 company, and were even rated as one of the 100 great inventions that changed human living habits in the 20th century. Compared with this, even in this era The millions of dollars are nowhere near comparable.
“I know this matter is a secret of your company, but as a cooperative bank, can we have an overview of what this fund is?”
Although Liao Liewen was prepared, but When Yang Wendong said it, he was still shocked, and then said: "Of course, if it is not convenient to say, it doesn't matter;
It's just that as a cooperative bank, if we know the financial situation and operation of the partner, This will also make it easier for us to make more accurate risk judgments and serve customers more conveniently when we have financial cooperation in the future.”
"Understood." Yang Wendong nodded, and then said: "This is the American 3M Company. It will give us future advances to facilitate our expansion of production capacity. It is considered a loan, but the interest is not high, so it is also considered a low-interest loan."
< br>"Advance payment?" Liao Liewen was surprised and asked: "Is the market really that big for these sticky notes?"
Although he also knew about sticky notes, from a sensory point of view, he knew that these things were very practical. , but he didn’t have a detailed idea of how big the market would be.
Yang Wendong said with a smile: "Conservatively speaking, there are tens or even hundreds of millions of office workers in various industries around the world. These people, I think as long as they are exposed to sticky notes, they will not refuse to use them. Right?
Have you ever used it?”
"I know about sticky notes, but I haven't used them. My secretary does." Liao Liewen replied.
"Yeah, that's right." Yang Wendong nodded. Of course, at the leadership level, there is no need to use this thing. A secretary can record the itinerary.
Post-it notes are actually mainly used by ordinary office workers, but this group accounts for the vast majority.
Liao Liewen thought about it carefully and felt that it made sense. In any company in the world, whether it is finance, real estate, industry, lawyers, hotels, etc., who does not have office staff? The difference is just more and less.
If these people all use sticky notes, it will be an unimaginable market. No wonder the giant American companies will give such a large sum of money to Yang Wendong. It must be because Yang Wendong has just developed. The factory's upgrade speed is not that fast, and funds are urgently needed.
In this way, Yang Wendong's future is absolutely incredible.
So he said again: "Yang Sheng, I am here this time. In addition to getting to know you, I also want to tell Yang Sheng that if you have any funding problems, Liao Chuangxing Bank is willing to solve the problem for you again.
In the past ten years, I, Liao Chong Hing Bank, have helped many companies develop in the industrial and commercial circles of Hong Kong. We are also willing to have better cooperation with Chang Hing Industrial.”
“Indeed. It's quite a coincidence. In fact, even if Liao Sheng doesn't come today, I might still visit your bank," Yang Wendong said with a smile.
Banks don’t provide help in times of need, they just like to add icing on the cake.
Before 3M provided the funds, he wanted to borrow more money from banks to expand. However, many banks in Hong Kong, including Liu Chong Hing Bank, had restrictions on funds.
Of course, we can’t blame them. After all, in this world, only Yang Wendong, a future person, and 3M, which is operating sticky notes, may know the future value of sticky notes; conversely, if Yang Wendong is from a bank, There will definitely be restrictions on this type of loan.
Now that 3M, an international giant, has provided such a large amount of funds, it has given these banks a certain degree of confidence.
Liao Liewen immediately asked: "Sheng Yang, please tell me, I, Liao Chong Hing Bank, are willing to serve manufacturing factories in Hong Kong."
Yang Wendong said: "The funds I obtained from the bank before is limited, so the rental model is adopted to expand production capacity;
But now I have more funds, and the factory area I need is very large, and it may not be possible to rent it in a short time, so I plan to build my own factory, which will require a lot of funds. ”
“That’s no problem. "Liao Liewen immediately said: "Just how big is the factory Yang Sheng wants to build, isn't $500,000 enough? "
Yang Wendong said with a smile: "$500,000 is naturally enough to build a factory, but after the factory is built, a large amount of equipment needs to be purchased;
In the early stage of expanding production capacity, a large amount of equipment also needs to be purchased. Raw materials, a large amount of recruitment, and many other aspects require funds. From an operational perspective, we also need enough funds in our accounts to maintain operations.
Only after the production capacity expansion is completed and a large number of goods are sold, the funds will improve; and this process will take a long time. ”
"Understood." Liao Liewen nodded and asked: "Then I don't know how much money Yang Sheng needs?"
Yang Wendong replied: "It will take some time to determine the location of the new factory. It has not yet been determined, and we need to communicate with the Hong Kong government;
In terms of funds, the more the better.”
“Okay, we will negotiate later. "Liao Liewen smiled and asked again: "By the way, I know that Yang Sheng also mortgaged a property from our bank. If you still have needs in this regard, you can also put it forward."
" Not for the time being, I will mention it if necessary." Yang Wendong nodded.
The money borrowed by 3M naturally needs to be used to expand production capacity, and the loan contract also makes it clear; although it is difficult for the United States to monitor this side, if it embezzles too much, it may not be able to hide it.
Besides, the current real estate market has indeed begun a new bull market, but in this era real estate is not yet the mainstream in Hong Kong, and it is still far behind the post-it notes that are about to become popular around the world;
< br>Unless it is an asset in a prime location like Central, he only needs to hoard some land while doing industry.
(End of this chapter)