Chapter 181 Investing in the Future "Formosa Plastics" Group
"Wang Yongqing is indeed somewhat famous in Wanwan." Wei Zetao did not think much and continued: "He started his own business at the age of 15 and started selling rice, earning the first A pot of gold, and then started a lumber business;
Later, he made tens of thousands of dollars by taking advantage of the sharp rise in lumber prices during the war. In 1954, he entered the plastic field and is now the only one in Wanwan. A factory that can produce plastic particles."
"It's very exciting. Those who can succeed are not fuel-efficient." Yang Wendong smiled and asked: "Have you ever contacted them?"< br>
"Not yet." Wei Zetao shook his head and said: "After I got the general news, I came over to report to you. I am going to go to Wanwan and take Lao Hong and others with me to actually inspect this company;
Let’s see if the particles they make can meet our requirements. "
"Okay, let's go. Yang Wendong nodded and said, "I'm not very reassured either. I'll consider whether to cooperate after contacting them." ”
Although Wang Yongqing will be very famous in the future, he is still in the early stages of his business, and it is hard to say what the quality of the company’s products is;
It is even possible that the particles made by others are not suitable. My own request.
"Okay, I'll be ready to go after I contact them. "Wei Zetao followed.
"Yeah." Yang Wendong agreed. Wanwan is really close to Hong Kong. It only takes one night's sleep to get there by speedboat.
Three days later, Wei Zetao, Hong Xuefei and other six people set out for Wanwan.
After returning for another three days, Wei Zetao and Hong Xuefei immediately came to Yang Wendong's office.
"You two, drink tea." Su Yiyi originally made tea for Yang Wendong, but the other two were there, so she had no choice but to give it.
Wei Zetao and Hong Xuefei were immediately flattered and said, "Thank you, Miss Su."
In the past, if Su Yiyi had a good relationship with her boss, they would usually just give her enough face; but it's different now.
Su Yiyi smiled and said: "You're welcome."
After Yang Wendong took a sip of tea, he asked: "How was your visit to Fumao?"
Responsible Hong Xuefei, a technician, said: "Yang Sheng, the plastic particles from Fumao may not be suitable for our company. Their particles are mainly used to make PVC pipes." , are mostly used in the construction industry.”
Wei Zetao also said: “Yes, although they are all plastic particles, the various performance parameters are different, and more importantly, the safety levels are also different. Similarly, Fumao’s pipes are mainly used for drainage, and they have almost no safety level and are relatively low-level types.”
"That's a pity." Yang Wendong nodded and said.
There are thousands of types of plastics, and the differences between them are also very large. Although Yang Wendong does not know much about them, he also knows some important characteristics of plastics, such as combustion resistance, hardness, toughness, density, corrosion resistance, etc.
The demand for plastic types in different industries is also very different. The plastic used for luggage was based on many European and American standards and other daily necessities.
"However." Wei Zetao added: "We also met Wang Yongqing, the boss of Fu Mao. He also knows about you Yang Sheng and knows that we want to find a supplier of plastic particles in Wanwan. He is also very interested;
So he wants to come to Hong Kong to visit you in the near future. You can decide the time.”
"He is coming to Hong Kong?" After hearing this, Yang Wendong said: "Okay, let him come. As for the time, it will be within the next week. It just so happens that he can also understand the situation here."
"Okay, then I'll call him this afternoon." Wei Zetao said.
On July 25, Yang Wendong met the richest man in his previous life: Wang Yongqing.
Of course, as a person in the Internet age, Yang Wendong has never paid attention to Wang Yongqing's photos, but he only knows that there is such a person.
At this time, Wang Yongqing was very thin, almost abnormally thin, just like the poor people in Hong Kong, but it was obvious that he could not lack food, probably because of a bad gastrointestinal condition.
"Hello, Mr. Yang, I have long admired you." Wang Yongqing didn't know what Yang Wendong was thinking. After Wei Zetao introduced him, he smiled and shook hands.
Yang Wendong also shook his hand in the same way and said: "Hello Mr. Wang, I have heard of your name in Hong Kong."
"Oh, my name is also in Hong Kong. A bit famous?" Wang Yongqing asked curiously, feeling a little happy at the same time.
As early as the last time Wei Zetao and others visited Fu Mao, he investigated Yang Wendong's situation, including his previous fortune history, current industrial distribution and the potential of future products.
We came to a very surprising conclusion: Changxing Industrial’s existing products alone have an amazing demand for plastic raw materials.
Therefore, he came to Hong Kong in person.
Yang Wendong said with a smile: "I have heard before that Mr. Wang went against the market and expanded the plastic production line. He really did what ordinary people couldn't. After understanding it clearly, I have to admire him."
Previous Life Most people are aware of Samsung's countercyclical price war, and Wang Yongqing in front of him has also used similar methods.
According to the information he checked, in 1957, no one was interested in his plastic particles, and some shareholders of the company wanted to reduce production and stop losses, but he did the opposite and took back the company. shares, while borrowing heavily to expand its scale.
In the end, by increasing the scale and then reducing costs, we survived the most difficult time;
This move can be said to be the last resort. People who can be so decisive are ruthless people and have strong confidence and understanding of their own careers. Otherwise, who would dare to play like this?
Wang Yongqing heard the praise and said happily: "Mr. Yang, thank you. When I entered the plastics industry, I was determined not to give up until I succeeded;
Otherwise, If I go into other industries, the risk will be much smaller."
"Well, that's why I admire you," Yang Wendong said with a smile.
He really admires those who really devote themselves to the industry, such as those private giant companies in China in his previous life. If Yang Wendong was asked to do this kind of thing, he would definitely be willing to invest in industry, but high-risk investment might even cause him to go bankrupt, so he would instinctively refuse.
Of course, as a time traveler, he knows the direction of future technological development, and basically there is no such possibility.
After everyone took their seats, Yang Wendong said: "Mr. Wang, I don't know why you came to Hong Kong to meet me this time?"
Wang Yongqing said: "Of course it is for the sake of our relationship. "
Yang Wendong asked: "But my people told me that the plastic particles your company currently produces are mainly used for making water pipes and are not suitable for civilian products. So what should we do? Cooperation? ”
Wang Yongqing replied: "Yes, Fumao's plastic particles are mainly used to make pipes, which is the biggest demand of Wanwan society;
However, if you need it, I can build another factory. Specially used to produce several kinds of plastic particles you need here."
Yang Wendong is also a experienced businessman. He understood the meaning when he heard this and asked: "What did Mr. Wang mean. , let me get off first Stable long-term orders, and then you will build a factory there?"
Wang Yongqing said with a smile: "Mr. Yang, if your demand is only about 100 tons a month, then my current factory may be slightly modified. The changes can be made;
But according to my speculation, your needs are far more than this. To meet your needs, another large factory must be built.
But such a large-scale factory requires too much investment. If I build it here and you don’t want it, then I may really go bankrupt. "
"That's the truth, but you want me to sign a large-scale cooperation agreement with you before you've even built anything. Isn't this request too much? "Yang Wendong said with a smile.
In the future, the production capacity of trolley cases will inevitably be terrifyingly high, because when this thing becomes more convenient, it can be used not only for travel, but also for daily moving and small distance travel.
Even if you don’t consider owning patents, as long as you find ways to reduce costs in all aspects, you can still win some of the markets. After all, Hong Kong’s manufacturing industry in history did not rely on patents. But low cost and various "rolls"
Wang Yongqing nodded and said: "It is true, but I can also guarantee that I can produce plastic particles that meet your requirements;
This industry is actually not difficult at the technical level. At worst, I will go to Japan to recruit people to make plastic raw material particles. The most difficult thing is the large-scale initial investment, various chemicals and petroleum derivatives on the supply side, and big companies like you. client.
The raw materials are available internally. I can be responsible for large-scale investment, but you must also become its big customer. In this way, it will be good for both of us and kill two birds with one stone. "
"Theoretically this is true. Yang Wendong nodded and said, "But how about we change our thinking?" It is unrealistic for me to sign a purchase agreement worth millions or even tens of millions with you when you have nothing, but your analysis also makes sense.
How about I invest too? In this way, I reduce your risk and increase my future income. Isn’t it killing two birds with one stone? "
"Mr. Yang wants to invest in a plastic production factory with me? "There was something incredible in Wang Yongqing's eyes.
Plastic production factories are asset-heavy. Although the potential is currently quite good, there are still relatively few people willing to invest in heavy industry. Otherwise, Wanwan would not be the only one producing plastics.
Yang Wendong shook his head and said: "It is not a joint venture with you to build a factory, but my investment in your Fumao Plastics Company. What do you think?"
Leaving normal circumstances aside, even if a plastic particle manufacturer No matter how good the future is, he will not invest;
One does not understand this industry, and the second is this kind of heavy asset factory. The investment is too big, and it is hard to say when the cost can be fully recovered, and the high probability factory After making money, I will continue to invest;
If it is not listed, it will be difficult for this kind of enterprise to cash out.
But after listing, investors generally don't like this kind of company, because the essence of the stock market is to tell stories.
Real estate, future technology or Internet companies, and civilian industries can all tell stories, but it is difficult for heavy industries, and ordinary investors will not understand it if they can tell it.
But Wang Yongqing is different. He will build the world's largest plastics manufacturer in Wanwan in the future. If he invests now, the return will probably be a hundred times higher than investing in real estate in Central.
Wang Yongqing thought for a while and said: "I have never considered this issue."
Yang Wendong nodded and said: "It doesn't matter, you can think about it slowly when you have time. Not in a hurry.”
Wang Yongqing continued: "Mr. Yang, I am very grateful to you for taking a fancy to my company, but I don't want to give up too many shares."
"Well, it doesn't matter, the number of shares can be negotiated. "Yang Wendong paused and added: "If the funds I invest in the stock are not enough to build a new factory, then I can add additional funds, either as shares or bonds,
or borrow from a bank in Hong Kong. Money, I can guarantee that there will be no financial problems."
Wang Yongqing thought for a while and said: "Then I will go back and think about it. In addition, in addition to the shareholding, it also involves our future supply cooperation issues;
If we can eventually operate a joint venture, the supply issue needs to be negotiated first. ”
"Yes, I will indeed not give you all the orders immediately, but as long as there are no major problems, we can gradually increase the purchase volume." Yang Wendong smiled and said: "As for the specific numbers, we have to sit down and carefully discuss them. Let's discuss it."
"Okay." Wang Yongqing nodded. He came here to find customers, but he didn't expect that Yang Wendong actually wanted to invest in his company.
Yang Wendong smiled and said: "Well, if Mr. Wang is not in a hurry to go back these two days, you can play in Hong Kong and treat me as a treat."
"Thank you." Wang Yongqing did not refuse, For him and Yang Wendong at this level, this amount of money is equivalent to buying a bottle of drink among ordinary people. If you refuse, it will be a loss of face.
Afterwards, Wei Zetao sent Wang Yongqing away, and Su Yiyi, who had been silent for a long time, asked: "Brother Dong, this should be your first time investing in other companies, right?"
"Yes, if it succeeds, it is indeed true." Yang Wendong nodded.
He did not start in finance, so he only tried to invest in Ming Pao last year, but was rejected by Jin Yong.
It is his supplier, and it is usually a joint venture, not an investment.
Su Yiyi asked curiously: "Why are you so optimistic about this plastics company? I remember you said before that ordinary factories have no investment significance?"
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(End of this chapter)