Chapter 322 The Vertical Expansion of Changxing Industrial
Zheng Zhijie also understood the meaning, and then said: "Okay, if house prices really fall, then we will have to sell a lot of properties to cash out."
< br>"Yes." Yang Wendong nodded: "Otherwise, the bank will put a lot of pressure on us. Now that we have more funds, it won't be a problem to buy back several times as many properties when housing prices fall."< br>
When you know that a real estate crisis is about to occur, you must reduce your assets.
Because all of your properties are mortgaged, once house prices and land prices plummet and the value of the mortgage drops, banks will inevitably require more mortgages, which will put great pressure on many real estate companies.
There were very few Chinese real estate giants in the 1970s and 1980s who were famous before 1965. This was also because most of the real estate companies that were famous before did not survive the crisis of 1966.
He is also preparing to sell most of his non-core properties in 1964 to raise funds. When the crisis comes, he can easily protect his properties in the core location of Hong Kong Island, or he can take advantage of the serious crisis. time, and then acquire properties in Central.
Zheng Zhijie smiled and said: "Okay, I understand."
"Yes, OK." Yang Wendong added: "Right now, the priority is to build the building on Queen's Avenue."< br>
Zheng Zhijie asked: "What is the name of this building?"
Yang Wendong thought for a while and said: "In the future, the number of our buildings will probably not be small, so what I want to do is to set a simple naming rule."
"What kind of rules." Zheng Zhijie asked curiously .
Yang Wendong said: "All buildings start with the character [华], followed by a Chinese character. For example, the first building, I want to call it Huajin Building, with the word "jin" next to the word "金"."
< br>"It starts with the Chinese character, Huajin Building?" Zheng Zhijie said: "This way of naming is not bad."
Yang Wendong said with a smile: "Then it is decided like this, Huajin Building also needs to be named as quickly as possible The construction must be completed before the middle of next year.”
"Understood." Zheng Zhijie agreed.
In the most prosperous business district in Hong Kong, there will be another building of his own, especially since it will be a new building, which makes Yang Wendong feel very good.
One of the most stable returns in the world is Hong Kong’s real estate. From the 1950s to the 2020s of the previous life, there were several small declines in the middle, while the rest continued to rise. of.
Not even counting the housing increase, the rent alone, even after deducting inflation, can be considered a very generous return.
Central is the pearl of Hong Kong’s real estate industry. Looking at the world, it is a high-return asset that ranks high.
That afternoon, when Yang Wendong returned home, he found a guest.
"Why are you here?" Yang Wendong looked at his sister-in-law and asked with a smile.
Bai Yujie replied while eating oranges: "Come to see my sister. She has been feeling unwell recently. I'm here to stay with her."
"That's fine, thank you very much." Yang Wendong added: "But the due date is coming soon. She is ready to go to the hospital. "
Bai Yushan is 9 months pregnant with twins, and her belly is already very big, which makes her very uncomfortable even if there is a doctor at any time. Most of the time I just have to endure it.
Bai Yujie said: "I know, I will go to the hospital together. Anyway, there is a place to live there."
"Okay." Yang Wendong nodded and asked again: "I remember you didn't stay in school to become a teacher. ? Not working now? "
The hospital has already made preparations. The most luxurious VIP room is just the basics. There will be a place for relatives to stay.
Bai Yujie said with a smile: "I don't have to work for the time being, because the Hong Kong government is planning to build another university, and I will be assigned there. However, it is currently idle."
"The other university University?" Yang Wendong thought, this should be the Chinese University of Hong Kong.
Although his time travel has caused a lot of butterfly effects in Hong Kong's business and even political circles, his impact on the education sector should not be great.
The Chinese University of Hong Kong was originally established in 1963, this year, but in fact, this school had plans as early as 1957, and it took 6 years to officially pass the British Approval.
The reason is also that the British had legal restrictions on each colony in the early days. They could only have one university. This may have been due to the fact that there were too many highly educated local talents in the colonies, which would definitely affect its rule.
Therefore, in the 1940s, after World War II, many colleges were established in Hong Kong to accommodate those talents who could not enter the University of Hong Kong due to quota and relationship restrictions. The three most famous ones are: New Asia College , Chung Chi College, United College.
These three universities proposed to merge to establish the Chinese University of Hong Kong in 1957. However, the British did not agree at first. Later, after many parties fought, it took several years to get permission.
Bai Yujie nodded and said: "Yes, the name of the new university is Chinese University, and I will go there to teach physical education in the future."
"Oh, that's right, the university professors are very respectable when told." Yang Wendong Praising said.
In some professions, even if you don’t make a lot of money and you don’t have rights, you still have some social status, such as top doctors, teachers, etc. There are usually many such people even if you meet the super rich. Value three points.
Bai Yujie said: "I teach physical education, but I don't have the title of professor."
"Maybe there will be a chance in the future." Yang Wendong smiled.
At this time, Bai Yushan was also supported by Su Yiyi and walked over. In front of her, there was little Zhiwen running and shouting: "Daddy."
"Alas~" Yang Wendong picked up his son.
After Xiao Zhiwen cuddled up with his father for a while, he saw Bai Yujie and then looked back at Bai Yushan, with a trace of confusion in his eyes.
After Bai Yushan came over, she smiled at Xiao Zhiwen and said, "Come, aunt, give me a hug."
Xiao Zhiwen naturally opened his hands and was hugged over,
Then Bai Yujie also said: "I am the aunt, let me give you a hug."
Xiao Zhiwen immediately looked back and forth, a little confused for a moment.
"Haha~~don't tease him." Su Yiyi also said with a smile.
“It won’t be fun if you don’t tease me anymore.” Yang Wendong laughed.
Children, the younger they are, the cuter they are. They are fine before the age of 3, as long as they are not naughty.
The next day, Yang Wendong came to the Cheung Hing Industrial Park in Kwun Tong, and after walking around the factory area, he came to a workshop specializing in the production of plastic bags.
“What is our plastic bag production capacity now?” Yang Wendong asked.
Wei Zetao replied: "Our monthly production capacity has exceeded 100 million, but it is mainly small, especially those used to store small items in vegetable markets and general stores, and the demand is particularly high." "Normally, small plastic bags are more practical." Yang Wendong said with a smile: "Nowadays, bags are sold in the vegetable market. They don’t use oil paper, but plastic bags, and there are even more similar places. ”
Before the appearance of plastic bags, food such as steamed buns, steamed buns, and fried dough sticks were not used. It is wrapped in oil paper. If it feels dirty, the customer has to bring a clean cloth.
With plastic bags, it is much more convenient and cheaper.
As for other small commodities, it is even more convenient. In the past, you had to carry them by hand or bring your own basket, but now a bag solves the problem.
Although littering of plastic bags may cause pollution problems, the previous paper bags also had pollution, but they did not appear at the terminal, but at the production end.
"Yes." Wei Zetao also said: "It's the same overseas. The bags we export are mainly small bags."
Yang Wendong asked again: "What is our ex-factory price? ?”
Wei Zetao picked up a bag casually and said: "The ex-factory price of this thin bag is five cents per cent. It is our cheapest bag. The thicker and larger ones range from 3 centimeters to one cent;
The most expensive bags are those for Carrefour supermarkets. They are very strong and are generally exported and used by high-end merchants."
Yang Wendong did the math and asked: "That month. , has a turnover of more than one million?”
“Yes, it was almost 1.3 million last month.” Wei Zetao said: “But the profit is only 110,000, and this is still because there are not enough competitors.”
"It doesn't matter. Now we keep the price low. Even if there are no competitors, we can suppress other people from entering the market." Yang Wendong nodded, and then asked: "There are other manufacturers of polyethylene, the raw material of plastic bags. Is it produced? ”
Plastic bags are not a huge profit industry. They must be cheap by their very nature so that they can be popularized, and then rely on huge volumes to drive down costs and stabilize a huge market share.
This is also the plan that Yang Wendong formulated in the early days.
Wei Zetao replied: "Yes, our plastic bags have also gone to Japan, and they have chemical factories there that have begun to produce this material. In this way, Japan will also have plastic bags.< br>
It is estimated that other countries will have it in a while. The production cost of polyethylene may be high, but simply making bags requires equipment. The market demand is still very high now. ”
"Well, let's continue to expand the scale of production and gain the market first." Yang Wendong added: "Only when the scale is large can we gain a firm foothold."
"Understood." Wei Zetao said: "I have also asked people from Dongsheng to start producing plastic bag making equipment. As long as they succeed, not only will our costs be reduced, but we will also be able to greatly speed up the purchase of equipment. "
"Okay." Yang Wendong nodded and asked: "How is the investigation of the plastic woven bag?"
Wei Zetao replied: "I sent someone to investigate. Germany already has similar technology, which can semi-melt plastic and draw it into very thin long sheets by wire drawing;
Europe has also begun to use this technology for The development of the packaging industry is mainly to replace the role of wood in packaging boxes, and there is no concept of making bags. "
"Brushing?" Yang Wendong didn't quite understand.
Wei Zetao explained: "This is an industrial production technology. For example, aluminum profiles commonly seen in industry are pulled out. The metal is heated to a softened state but does not become liquid, and then extruded through a die."
< br>"Oh, okay." Yang Wendong said: "Then send someone to Germany to investigate the production capacity and price of this equipment. Let's calculate the cost first."
Many times, the technology may have already appeared Yes, but the cost is too high.
Wei Zetao replied: "I have already sent people there and have contacted several companies in Germany that can produce such equipment. I will have specific data after a while."
"Okay." Yang Wendong then asked: "What about the papermaking over there in Wanwan?"
Wei Zetao said: "I have sent people to Wanwan to have a look. There are supply chains for all kinds of paper production. As long as we invest, there will be no big problem."
"Not bad." Yang Wendong He smiled and said: "In recent years, the production capacity of sticky notes and trolley cases has gradually stabilized, so next, our task is to open up new product markets.
Plastics and Paper used to be the main raw material for our products, but now we are involved in it ourselves, so we can use this to expand the production of other products and ensure the diversified development of the entire enterprise.”
The development of large enterprises. The idea is to make products first, then expand in the opposite direction towards the supply chain, and gradually control or produce some raw materials.
After that, there are two ways, one is to continue to expand to the front end, or to use Its own scale effect reduces the cost of raw materials before entering other industries.
The raw material of plastic is the petroleum industry chain, and the raw material of paper is waste paper recycling or wood forest. Yang Wendong is not involved in these for the time being, so he can only use plastic and paper to achieve economies of scale.
Wei Zetao nodded and said: "This is a good idea. The markets for paper and plastic are infinite. In Hong Kong alone, the demand is extremely high. If our paper can also open up the Hong Kong market , That’s bigger than the demand for plastic.”
“Yes.” Yang Wendong smiled: “From basic office paper to many packaging and toilet paper, the market is huge. ”
In the previous life, there were many paper-making companies in the Fortune 500 list. Even Hong Kong had a paper-making giant in the 1980s.
I can have enough demand with sticky notes. After entering the paper industry, I will inevitably expand to other fields.
Wei Zetao replied: "Then I will build the paper mill in Wanwan as quickly as possible."
"Okay, in addition, as we did in the early days, we must cultivate enough talents to facilitate future expansion." Yang Wendong added: "The cost of ocean transportation of paper is not low. In Southeast Asia, the paper giants do not have ships, but we do.
So When the scale becomes larger in the future, Changxing Shipping can also join in, including the import of waste paper and wood pulp, as well as subsequent exports. "
This is the benefit of the entire industry chain, as long as it is real. If it is done, then apart from terminal sales and the most basic raw materials in the early stage, the middle part is all controlled by its own industry, which is enough to reduce costs to a minimum.
In this way, you can either get more markets or get more profits, choose one of the two.
By coincidence, when Hong Kong has no shortage of water, there will be orders for its own ships.
“Understood.” Wei Zetao said with a smile.
Now, he also knows how comprehensive his boss's layout is, and many industries are gradually under his control.
"If there are other industries in the future, we can also operate in this way." Yang Wendong added: "But there is another problem with Changxing Industrial, you should know."
Wei Zetao paused and replied : "I know that Changxing Industrial is currently using ideas from a few years ago, and they were all yours, Yang Sheng. In the past two years, there have been no new popular products, except for plastic bags."
"Yes, you can't all count on me," Yang Wendong said: "So we still have to invest more in research and development in the future."
"Okay." Wei Zetao also felt a little ashamed. In fact, the company basically It all depends on the boss.
Yang Wendong said: "However, this kind of investment also requires a large number of talents. Do you know that the Hong Kong government is planning to establish a new university recently?"
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(End of chapter)