Chapter 462 Summary of Wealth in 1965 (1)
Since human society entered industrial civilization, steam engines were first used, then internal combustion engines, and then motors. This is the development law of energy utilization, and the efficiency is getting higher and higher.
A few exceptions are on machines that need to move, such as trains, cars, airplanes, etc. Because the terminals of electricity cannot be moved, so at the beginning of the 20th century, internal combustion engine cars, trains, airplanes, etc. defeated the electric ones, but other fixed ones In all fields, from homes to factories to office buildings, electricity is used in all places.
Even in the 21st century, trains have basically been converted to electric vehicles, and fuel vehicles are gradually being phased out by trams. Only aircraft that need to fly cannot be electrified for the time being.
As for electricity as energy, as long as any drive is carried out, it needs a motor to convert it. This market is also very huge. If you do well in this field, not to mention the Fortune 500, the Fortune 2000 will still be able to do so.
Wang Zhiqun replied: "Honor's motors have now begun to be supplied to other companies in Hong Kong and a small number of them are exported. I also have plans to make the copper wire myself in Hong Kong. In this way, I can also save a lot of costs. It’s too expensive to buy copper wire in Japan.”
"Can we make copper wire in Hong Kong? Copper wire with a thickness of a few tenths of a millimeter?" Yang Wendong asked.
Wang Zhiqun said: "Yes, there are companies in Wanwan doing it. Just buy copper rods, heat them and then draw them thin. The equipment is not complicated. The only difficulty is that the outer layer of the copper wires needs a layer of special insulation, similar to Wires, as long as this is controlled, it will be fine.
I will also test it step by step here, first put it on the electric fan, then gradually increase the amount, and finally make other accessories. ”
"That's okay, I won't ask too much." Yang Wendong nodded and said: "I won't interfere with you in terms of technology, but you must pay attention to the quality."
After the industry becomes too big, he usually won't care about such small things. One is that he doesn't have time, and the other is that he doesn't understand technology. Too much involvement will affect the technical staff.
"No problem." Wang Zhiqun agreed: "I will also faithfully write down the progress of these projects in the monthly report every month."
"Okay, thank you for your hard work." Yang Wendong smiled and said: "The Chinese New Year is coming soon. Make arrangements before the new year, and then start working hard after the new year."
The Spring Festival of 1966 was very early, January 20th was New Year’s Eve.
On January 12, Yang Wendong once again held a high-level meeting at the group level to report and summarize the performance of all companies last year:
"Everyone, let me say something briefly." Yang Wendong sat on the chairman's seat and said: "Last year, due to the economic downturn in Hong Kong, our group's internal business in Hong Kong was also affected to a certain extent;
But these don't matter. We need to take a long-term view, as long as the development trend is good. In addition, even if the business is based in Hong Kong, we must find ways to go overseas. ”
After hearing this, everyone nodded, especially Zheng Zhijie, Qin Zhiye and others. Their business is also rooted in Hong Kong. Although they have invested in the real estate market, they will not be able to gain profits this year, so the results are very unsightly. .
After the boss stopped talking, the financial director Wang Fengzhi said: "Everyone, the group's three largest businesses today are Changxing Real Estate, Changxing Industrial and Changxing Shipping. The real estate sector has been severely affected by the economy, and the business in Hong Kong is basically at a standstill. Changxing Industrial and Changxing Shipping are developing well
In addition, Honor Electronics and Watsons also saw high revenue growth last year. I hope they can achieve higher results this year. ”
Wei Zetao smiled and said: "This is also Yang Sheng's guidance. The storage box we launched the year before last year sold very well around the world. The previous suitcases and sticky hooks also had a growth of more than 10%. Post-it notes, The same goes for sticky rat plates.
According to my statistics last year, the total turnover of the four business divisions was 420 million, an increase of 13.6% over last year. ”
"420 million? Not bad." Yang Wendong smiled and said: "We have to work harder in the future and strive to break through 500 million Hong Kong dollars as soon as possible. This will be a milestone achievement."
The Hong Kong dollar in this era is still very valuable. You must know that the GDP of the entire Hong Kong was less than 15 billion last year. Of course, the production capacity of many industries of Changxing Group is overseas, and it is not easy to compare with Hong Kong's GDP.
Wei Zetao said: "As long as the factory in Singapore gradually expands in scale, I think the problem will not be big. At present, our overseas channels are gradually increasing, and the global economy is also rising significantly, and the purchasing power of Europe and the United States is also gradually getting stronger. .”
"That's good." Yang Wendong nodded and asked: "Has the new factory in Singapore started construction?"
Hong Kong is experiencing an economic crisis this year, but many places around the world are developing well, especially Europe and the United States, which have gradually emerged from the economic trough of the early 1960s. This is a boost for Hong Kong's manufacturing industry, which relies on the European and American markets. Otherwise, today's Hong Kong's real estate crisis may become more serious, precisely because the development of industry and trade has given many people enough confidence.
Wei Zetao replied: "The factory has been built, various equipment has been moved in, and the training of local personnel is also in progress. At present, small-scale production is still carried out, and it will take another one or two months to reach maximum production capacity. ”
"Okay." Yang Wendong nodded and said: "The products produced in Singapore are not complicated. As long as we are sure that there are no problems, we will immediately prepare to expand production capacity;
However, our investment in Singapore is of great benefit to Singapore, so you must also cooperate with Changxing Real Estate or other sister companies to ask for certain rights and interests from Singapore. "In Singapore, which has just been founded, the unemployment rate is as high as over 10%. Under such circumstances, investing in high-quality industries like Changxing Industrial will definitely solve a large number of employment problems for the local government. It is also appropriate to ask for some benefits. It's also a win-win in itself
Wei Zetao smiled and said: "Understood, I am also planning to go to Singapore with Zheng Sheng after the new year."
Yang Wendong nodded, looked at Zheng Zhijie and asked: "Old Zheng, how are the projects in Singapore?"
Last year, Changxing Real Estate's major project in Hong Kong was the purchase of an old naval garrison site, and it will not be developed after the purchase. Therefore, the core of Changxing Real Estate is naturally in Singapore.
Zheng Zhijie replied: "Yang Sheng, the design of Changxing Plaza and Four Seasons Hotel has been completed, and the foundation is still being laid for construction. It is estimated that Changxing Plaza can open in early 2067, and the Four Seasons Hotel in Singapore will be completed by the end of 2067. ”
Large hotels have high floors and require luxurious interior decoration and odor dispersion. Therefore, the construction time is longer than that of office buildings of the same height, and is naturally slower than that of commercial plazas with short floors.
"Well" Yang Wendong asked again: "What about the container terminal?"
Zheng Zhijie then replied: "I have already transferred the funds needed for the container terminal to the account of the Singapore joint venture company. This project is not managed by us, and our people can only participate. I have also arranged for 60 people to go there. Learn and participate in the construction.”
"Okay, learn more, we may be able to use them in Hong Kong in the future." Yang Wendong smiled, then looked at Zheng Yuhua and said: "Changxing Shipping's performance last year should not be bad, right?"
Zheng Yuhua smiled and said: "Yes, Yang Sheng, our leasing business has always been very good with Japanese companies. In the past year, we only arrived three days late due to weather. The customer also expressed understanding. Regarding the rental, , the Japanese company also provided it in a timely manner. According to the current trend, a new ship can be bought after three years of leasing. ”
"Then the earliest ship we purchased in the early days will be able to pay back its investment soon?" Yang Wendong asked rhetorically.
"Yes." Zheng Yuhua added: "And the price of new ships has increased very sharply in the past few years. Even the ships we own that have been in service for two years are now sold as second-hand ships at a higher price than the original purchase price. Look. According to the trend, the price of new ships will rise this year.”
Yang Wendong nodded: "It's a bit like real estate."
Of course, it is impossible for ships to maintain their value, but global trade is very fast. Countless countries have expanded their import and export requirements at the same time. However, there are only a few countries in the world that can do this, and there is simply no time to produce them. This naturally leads to new ships and Prices for ships currently operating have skyrocketed.
"Yang Sheng, even the price of the second-hand ship we bought for more than ten years has doubled." Zheng Yuhua said with a smile: "If the ship price is included, the profit this year will be unimaginable."
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"For things that are not for sale, appreciation and price reduction are meaningless. They are just considered normal operations." Yang Wendong said: "That means our credit limit is a little low, otherwise I would still want to buy a boat."
Although shipping prices are high now, when the Middle East crisis breaks out, shipping prices can go up like crazy. Doubling or tripling is not a problem. Needless to say, freight rates can be said to be a gluttonous feast for various ship owners, because freight rates If the price rises too high, many shipowners will force breach of contract with the companies they previously signed. Except for Bao Yugang, he is really able not to change his principles for short-term interests.
However, his expansion was too fast in the past two years, and the bank's support for him was no longer strong. It is a pity, but this is also the operating rule of this world. The bank does not know the future and cannot accompany the speculators to go crazy. of.
Zheng Yuhua replied: "Yang Sheng, I have communicated with Japanese banks. They promised to wait until this year for us to operate for another year and reduce the current liabilities. Then we can continue to discuss cooperation early next year. It is similar in Europe. ”
"Okay, then let's operate it well for a year." Yang Wendong nodded and said.
In early 1967, I placed another wave of orders, and then the Middle East crisis broke out. Whether I operated the last batch of new ships myself or resold them, it was quite cost-effective, especially since the timeline also caught up with the lowest point of the Hong Kong real estate crisis. valley.
Zheng Yuhua added: "The ships we operate ourselves, that is, second-hand freighters in Asia, are currently doing well, and shipping prices have increased by more than 30% last year."
"Well, it's hard to buy second-hand cargo ships now, right?" Yang Wendong asked again. Over the years, second-hand cargo ships have been purchased just for the crisis in the Middle East.
Zheng Yuhua said: "Yes, at this price, many European and American shipping companies will not sell their old ships. Occasionally, the competition is very fierce."
"Well, then do your best." Yang Wendong said.
It's already the last year or two. In fact, it's just like the year before the peak of real estate. Although it's not a loss if you invest in it, it doesn't mean much anymore.
PS: Please give me a monthly ticket
(End of chapter)