Chapter 220 News from Wal-Mart
"Okay." Yang Wendong naturally agreed: "As for the price, I will send someone to negotiate with you, but it can only be based on the current market price."
If it was before the takeover war, the stock price had already risen quite a lot, and it would have cost a lot more to acquire Yang Wendong at that time; but Yan Chengkun failed to seize the opportunity, so he could only bear the current price.
Even the stocks purchased due to large-scale borrowing were suddenly cut in half. The losses were enough to undermine the entire Yan family's decades of wealth accumulation.
"Okay." Even though Yan Chengkun was unwilling to give in, he also knew that it would be impossible to close the deal at the previous price.
Afterwards, Yan Chengkun left dejectedly.
Huang Yaonan sighed and said: "This Yan Chengkun, today is the first day that he has experienced the mood of my father and me before. We have been like this for decades, and my father is still depressed because of it. And finally."
"The shopping mall is like this." Yang Wendong said with emotion: "After this time, the Yan family will only maintain an ordinary level of wealth in the future."
Starting a business is not easy in itself. Most people who start a business end up with serious losses or even bankruptcy.
And those who can start a business for the second time after bankruptcy or huge losses are even rarer. Even if there were so many business elites in the mainland in the previous life, there are only a handful of them. The most famous one is Shi Yuzhu.
Huang Yaonan said: "Yes, this is revenge for my Huang family. Thank you Yang Sheng."
"Yes." Yang Wendong said again: "What happened in the past is in the past, don't think about it. There are too many. Next, we still have to consider how China Bus will go in the future.”
Although he does not interfere much with the operations of the following companies, he still has to ask about the development direction.
Huang Yaonan replied: "I have also thought about it during this period. China Bus is different from the various industries under Yang Sheng's control. It is a regional monopoly enterprise. This is its advantage, but it also limits it. In places like Hong Kong, CMB can only develop on Hong Kong Island;
As for outside Hong Kong, it is unlikely that it can develop. Every country has its own bus company. Generally, even international companies do not Do this kind of business.”
"Yes, it is unlikely that China and Brazil will expand externally." Yang Wendong naturally knew this and said: "So the focus is on the island. The first is our own job, and we will do our best to help Hong Kong citizens solve their travel problems. This is the basic condition for us to obtain the exclusive right to operate.”
There are many monopoly companies in Hong Kong, but rights also represent responsibilities. All sole proprietorships must provide relevant services. If a large number of citizens are attracted. If there is any disagreement, the Hong Kong government will naturally deal with this enterprise.
So even if you get the power supply company in the future, you can't do whatever you want. Li Jiacheng was able to do this occasionally in the 1990s because he had tiger skin behind him, and the British Hong Kong government at that time didn't want to mess around anymore. .
"Don't worry, Yang Sheng. When our Huang family established the bus company, my father also sincerely wanted to solve the public's travel problems." Huang Yaonan nodded and said: "My father also taught me when he was still alive that we businessmen should Make money, but you also need to make money at the same time, Letting others benefit is a long-term business model."
"That's good." Yang Wendong nodded, and then said: "The second thing is to hoard as much land as possible on Hong Kong Island. I am very optimistic about Hong Kong’s future real estate market.”
CMB, which is stuck in Hong Kong Island business, is indeed far less promising than real estate, shipping, and even media. The best way is to use its own advantages to directly purchase land.
Under normal circumstances, for example, Changxing Real Estate Company, the land purchased from the Hong Kong government is bound to the development task. You must not buy it and wait for the value to increase. If you want to do this, you can only buy some Older properties, but these are not easy to buy, especially in prime locations.
On the other hand, CMB can apply for land from the Hong Kong government in the name of building related supporting services. Generally, as long as it is reasonable, you can buy it by paying normal money, and then build a simple one-story supporting house. That’s it, it’s equivalent to hoarding land.
Huang Yaonan said: "Don't worry, Yang Sheng, I know what to do, and I will try my best to apply for the largest area for any piece of land."
"Well, okay." Yang Wendong nodded. , said: "When it comes to land purchase, if you don't have enough funds, you can borrow it from me, or you can find a joint venture with Changxing Real Estate."
"Understood." Huang Yaonan agreed, and then asked: "Yang Sheng, if you acquire Yan Chengkun's shares, your shares may exceed the proportion allowed by the Hong Kong Stock Exchange."
" I know." Yang Wendong said again: "It will be enough to increase capital and expand shares when the time comes. Yan Chengkun purchased a large number of British buses and expanded the routes, and the company's funds were not sufficient.
After the financing, It will be much easier for you to manage in the future."
"Okay." Huang Yaonan nodded: "In this case, there will be no big problem."
Yang Wendong asked again: "You know Yan Chengkun. Does the bus purchased this time have air conditioning? ”
During his several years in Hong Kong, before he bought a car in the early days of his business, he drove a bus several times. It was also summer and the inside of the bus was very hot.
Now that I have moved into a bus company, it’s time to do something good to serve the public.
Huang Yaonan shook his head and said: "No, CMB and KMB buy buses from the UK. The temperature in the UK is not high in summer, so the local automobile industry basically does not have air conditioning."< br>
Yang Wendong asked: "You can only buy it from the UK?"
"There is no rule, it's just that it has always been like this." Huang Yaonan said.
Yang Wendong said: "The next time you purchase, ask Japan. There is also a car manufacturing industry there. It is close to us. The price of the car is probably cheaper. Buy one with refrigeration and air conditioning."
"Okay." " Huang Yaonan nodded and agreed.
Another week later, Wang Lianhua’s team reached a deal with Yan Chengkun, buying 20% of the shares held by the Yan family for HK$3.2 million, while Yan Chengkun insisted on keeping the rest. 20%.
Yang Wendong did not force it, and because he held more than 50% of the stocks, he subsequently applied for a share increase financing in the stock market, which could also increase the originally depleted liquidity.
At this point, the acquisition of China Bus has come to an end, and Yang Wendong controls behind the scenes this monopoly on transportation for half of the people in Hong Kong.
July 15th:
Geely Building:
Yang Wendong was also here for the first time. Zheng Zhijie, who accompanied him, introduced the plans of each floor to the boss.
“Yes, although the area is not very large, the planning is quite reasonable.” Yang Wendong praised: “Looking at it this way, in the next two years, this Geely Building will be enough for you and Changxing Shipping. . ”
The Geely Building is the second self-built building of Changxing Real Estate. It is much larger than the Hong Kong China Building. It is also the office space prepared by Yang Wendong for his real estate company and shipping company. The previous one is The inside of Hong Kong China Building is a bit too crowded.
Zheng Zhijie said: "Yes, I originally wanted to use it for at least 5 years, but now Changxing Real Estate is developing too fast. Although most of them are rent collectors, they still need a lot of people;
< br>In addition, for the residential business, I have acquired three more pieces of land and plan to build fully renovated properties."
"Well, okay, you can handle this matter." Yang Wendong didn't do it either. If you ask for details, these follow-up information will be sent to the headquarters in the form of information.
Then he said: "I plan to leave the Changxing Building to the group headquarters. You guys will have offices there, but the entire business will not go there."
Changxing Building , the former Liu Chong Hing Bank Building, a 25-storey building located on Des Voeux Road in Central, with the lower three floors still being a shopping mall.
The 22-story office building has an area of more than 15,000 square feet (1,500 square meters) on each floor, which is still a bit large for the current Changxing Group headquarters.
However, he is not ready to rent it out or give it to existing branches, because he knows that his future industry will inevitably develop rapidly, and it may be difficult to introduce these branch businesses to the current large headquarters building. After the year, it won’t be enough.
Zheng Zhijie nodded and said: "Okay, I understand. If there is not enough space in the future, I will build another building."
"Yes, okay." Yang Wendong nodded.
The two quickly arrived at Yang Wendong's office. Now, wherever they need to work, they will have their own office, which is convenient for them.
Zheng Zhijie said: "Yang Sheng, the current core of the company's real estate business is community residential projects and property purchase and rent collection. Both of them are easy to deal with now, and there is no big problem;
But the location of the department store below Changxing Building is even more difficult. Carver was stuck hoping to get a 50% discount on the price, which would make it difficult for us to continue the negotiation."
"50% off?" Yang Wendong was speechless after hearing this. .
It is normal for some shopping malls to offer discounts in order to attract big brands to stay. The more remote the place, the greater the discount, and it may even be free. But Cheung Hing Building is in Central, so there is no comparison at all. It would be nice to be able to give certain discounts.
Zheng Zhijie said: "Lane Crawford is a well-known shopping mall in Hong Kong. Many people are even sure to go to Lane Crawford to buy things. This may also be their confidence."
Yang Wendong asked again: "Are there any other Choice? ”
He had thought about building a supermarket before, but it has not yet been fully decided, so the shopping mall investment has not completely stopped.
“The best in Hong Kong is Lane Crawford.” Zheng Zhijie said: “Or we can introduce several department stores from Japan. There are also several Japanese department stores in Hong Kong, and their business is also good. Not bad."
"Forget it, there is no need for Little Japan to make this money," Yang Wendong objected.
He is not opposed to doing business with Japan, but he either needs to buy their cheap high-tech products or enter his market.
There is no need to give it to them in this kind of business that makes money while lying down.
Zheng Zhijie nodded and said: "Then I will discuss it with Lane Crawford."
"When will the Changxing Building be completely completed?" Yang Wendong asked again.
Zheng Zhijie replied: "The building will be capped at the end of this year, and the internal decoration will not be completed until April or May next year. The shopping mall downstairs will be a little earlier, and it is expected to open at the end of October."< br>
Yang Wendong thought for a while and asked: "Have you heard of the word supermarket? The Chinese name is supermarket?"
"Supermarket? Never heard of it." Zheng Zhijie shook his head and said.
Yang Wendong explained: "This is a business model similar to department stores, but the difference is"
The cost of information transmission in this era is very high, and European and American things, if not It is very famous, but it is difficult for outsiders to know;
This is also the reason why many people can make money by taking advantage of the information gap, including the mainland after the 1980s.
After hearing an overview, Zheng Zhijie said: "The biggest problems with this business model should be supplier management, cargo storage and transportation, and cargo information recording."
"Yes, that's good. "Yang Wendong praised: "But as long as the scale is larger, the cost can theoretically be reduced to much lower than that of department stores, so I prefer this business model."
Zheng Zhijie nodded and asked: "Then we need to operate this kind of supermarket business in Hong Kong? In the shopping mall of Changxing Building?"
"I have this idea." Yang Wendong said: "But this thing is a new industry, and Hong Kong is familiar with it. There shouldn’t be many people there, and I’m also planning to go to the United States to have a look.
There are many such companies in the United States, and I am quite optimistic about several of them. I will go and visit them. Find an opportunity to invest and see if you can learn something.”
The supermarket company in the United States is naturally Wal-Mart, but Wal-Mart has not yet been established.
As early as two years ago, Yang Wendong arranged for his colleagues in the United States to focus on the supermarket industry and collect all small-scale information on the supermarket industry. So within half a year, Yang Wendong’s target was found: Sam Wall Dayton.
It’s just that I had limited funds at that time, and Walton was never short of funds, so I didn’t bother them.
Recent news from the United States is that Walton's company is experiencing considerable financial difficulties. It just so happens that the China-Brazil acquisition in Hong Kong has ended, and he is planning to go to the United States.
The world's largest supermarket in the future is still worth a trip to the United States.
Zheng Zhijie thought for a while and said: "There is another problem with opening such a supermarket, and that is Hong Kong's domestic stores. In order to help the mainland earn foreign exchange, they are willing to operate at a loss.
Many retail businesses in Hong Kong are Affected."
"Chinese goods store?" Yang Wendong also knew this brand. He also went to buy things. It was indeed very cheap. Then he asked: "But there are many other normal retail stores in Hong Kong. retail stores or department stores, how do they avoid competition? ”
Zheng Zhijie explained: “It should be that they have staggered the location. The Chinese products store is behind the mainland, but it is not enough to open the store to every city in Hong Kong. It would be nice to have less than half of the location;
Especially in a place with a good economy, the rent is too expensive. Once a domestic store opens here, it may not make any money but it may have to pay foreign exchange.”
"Well, then it's not a big problem for us to open a supermarket in Central and Admiralty." Yang Wendong asked again: "Can we buy goods from the mainland?"
"Yes." Zheng Zhijie said: "Domestic stores It is a joint venture between China Resources and several Hong Kong capitals, not a sole proprietorship;
China Resources has a large business in Hong Kong, and it is impossible to only take care of a few of its own companies. Other retail businesses want to buy mainland goods, so do they. Anyone who comes will be welcome.”
“That’s fine.” Yang Wendong wasn’t too worried.
Historically, in the late 1960s, supermarkets appeared in Hong Kong. Although they were not large in scale, they were already in their early stages.
By the 1970s, Parknshop and Wellcome had taken shape. Later, relying on the two foreign companies behind them, they became the two retail monopoly giants in the future.
I am less than ten years early, so the problem should not be too big, especially since I can buy real estate first, so there will be no rent pressure, and the business will be much simpler.
The only trouble is the supply of goods. It will definitely be difficult in the early stage. This is also the difficulty of chain supermarkets. But unless you only work as a real estate rent collector, you will encounter many early-stage problems in any industry.
"Okay, do you need me to accompany you to the United States?" Zheng Zhijie asked.
Yang Wendong shook his head and said: "No need, you can just do your real estate business here with peace of mind, and just keep an eye on China and Brazil. My trip to the United States won't be long. .”
A week later, the Yang family villa in Deep Water Bay.
Yang Wendong held Yang Zhiwen, who could already stand upright, and teased him with a few small toys.
Su Yiyi walked in pulling a suitcase and said: "Brother Dong, your clothes are ready, and there is some food in it."
"Don't prepare too much, It's the same when I buy it in the United States." Yang Wendong smiled and said, "Are you afraid that I will be hungry?"
Su Yiyi said, "That's not the case. Miss Bai is going with you, no matter what. As for being hungry.”
"Are you jealous?" Yang Wendong pulled Su Yiyi over and said with a smile.
Su Yiyi shook her head and said: "That's not true. I think that since we have been married for almost a year, you should give her a title, otherwise it will be bad for you and her."
"Well, I am still the director of Yiyi." Yang Wendong said with a smile.
Su Yiyi has known about the existence of Bai Yushan for a long time. Fortunately, in Hong Kong in this era, there is no need to set up any Shura field, it is completely legal.
Not to mention the super rich, there are many workers who have two or three wives. Everything is normal.
Su Yiyi added: "However, when Zhiwen is a little older, you will also take us to the United States. I haven't been to the United States yet?"
"Don't worry, no problem." Yang Wendong said cheerfully Agree.
PS: Please give me monthly tickets
(End of this chapter)