Chapter 493 Investing in Hu Yingxiang
Huang Yaonan didn't know what Yang Wendong was thinking, but just replied: "Yes, Yang Sheng has heard of it too. If CMB can win so many taxi companies, it will be of great significance to us to completely control the traffic on Hong Kong Island;
Even after your Hung Hom Cross Harbor Tunnel is opened to traffic in the future, your taxi business will not be restricted by the regional restrictions of the bus company. ”
"This is indeed a direction to expand our business, otherwise CMB would be trapped on Hong Kong Island." Yang Wendong thought for a while and then asked: "Is there any legal restriction on the operation of taxis by your CMB company?"
Huang Yaonan said: "No, the law does not stipulate that bus companies cannot invest in other businesses, and this itself is related to transportation, as long as the board of directors agrees;
Yang Sheng, the two of us hold more than half of the shares. As long as you agree, then there will be no problem. ”
"Okay, I support your expansion." Yang Wendong nodded and asked, "Is there any problem with funding?"
Huang Yaonan smiled and said: "No problem, I have a good relationship with Bank of East Asia, and since you are a shareholder, they are very happy to cooperate with us."
It is convenient to have a well-known major shareholder in the company, and the bank will be very confident in extending the loan, although the shareholders only bear limited liability;
But the companies favored by successful people generally have lower risks, and even if there is a problem, as long as it is not a fatal situation, they will help, whether it is for their own reputation or interests.
Yang Wendong said: "That's good. I'll ask Fang Xianming to help with this matter and take down the gas station and taxi company as soon as possible."
"Thank you Yang Sheng." Huang Yaonan replied.
A few days later, Yang Wendong called Fang Xianming, who had just returned, and asked: "How is the acquisition by China-Brazil Company?"
Fang Xianming replied: "It's going very well. Whether it's the Hu family or the foreign-funded gas stations, they are all eager to sell their stocks, especially Shell. Huang Yaonan is suppressing the price."
"I remember that the gas stations in Hong Kong are mainly owned by Mobil and Shell, right?" Yang Wendong asked: "Shell is in a hurry, but what about Mobil?"
Fang Xianming said: "There is no movement from Mobil. It is estimated that the US government is behind this. They are confident. They not only have gas station business in Hong Kong, but also have a large number of oil depots."
"It's a pity. If Mobil leaves, I would like to take over the land under his oil depot." Yang Wendong said with regret.
The first large-scale housing complex in the history of Hong Kong was Mei Foo Sun Estate, which was built on the land of the former oil depot. Although it is American-owned, Mei Foo came to Hong Kong very early to operate. A few decades ago, Hong Kong's large-scale housing estates The oil depot is also used to supply the mainland and even other Asian countries, and its area is very large.
Fang Xianming said: "Mobil is very stable, but they are indeed gradually relocating their oil depot business. It is said that they are going to Singapore and several Southeast Asian countries."
"We don't care about this." Yang Wendong shook his head and asked: "Has the situation at the Hu family been cleared up?"
"It's clear." Fang Xianming replied: "Hu Zhong started his business in 1958 and established two companies, one is Zhongyang Jianye and the other is Zhongyang Taxi Company;
The former has suffered heavy losses in the economic crisis in recent years, but Hu Zhong is a good person for his employees. Even if they suffer losses, they do not lay off employees and still support them. Taxi companies have also suffered losses in recent years, and the Hong Kong government allowed private individuals to go alone at the beginning of the year. Taking a taxi makes taxi companies less profitable than before;
Because of his heavy debts and his poor health, he was ready to retire. The taxi company was ready to take action, and Jianye Company was ready to leave it to his son Hu Yingxiang. He also had an eldest son who was involved in politics, so he would not take over from his father. of enterprises. ”
"He's not bad." Yang Wendong nodded: "What is Hu Yingxiang's ability like? Have you found out?"
Fang Xianming replied: 'After checking, he is very capable. Although Hu Zhong is the chairman of Zhongyang Jianye, as early as 60 years ago, Hu Yingxiang actually made the decision on many things;
Including the economic crisis in recent years, Hu Yingxiang also got one or two rare projects in order to be able to support such workers. ’
"Do you have any specific information?" Yang Wendong asked.
"Yes, they are all here." Fang Xianming stepped forward quickly and handed over the information.
Generally, when Yang Wendong listens to reports, he only listens to reports that are not very important, and rarely asks for information to read. Fortunately, he is also prepared, and would rather not use it than not have it when he needs to use it.
Yang Wendong took the information and looked at it carefully. These are the various businesses that Zhongyang Jianye has undertaken over the years. It can be seen that in the early days, Zhongyang Jianye only took on some marginal businesses, but its scale has become larger and larger in the future. Big, we started to undertake large-scale construction directly;
Many of these businesses were won by Hu Yingxiang. It is no wonder that the family was able to rise rapidly after the 1970s, surpassing Li Jiacheng and becoming the first of the five real estate tigers. If not too much money was invested in domestic infrastructure, it might also become one of the five major families in the future. One of them.
After reading it, Yang Wendong said: "I asked Hu Yingxiang to come out and said that I wanted to meet him and talk about cooperation with him?"
"You talk to him?" Fang Xianming was a little unsure and asked, "Can we just leave this matter to Zheng Zhijie?"
In fact, let alone Yang Wendong, even Zheng Zhijie's status is not something that Hu Yingxiang can easily meet, not even his father Hu Zhong; Zhongyang Construction is just a medium-sized construction company, and it is far different from Changxing Real Estate. Different places.
"I'll just come and see you. You can make arrangements." Yang Wendong didn't say much.
"Okay, I'll make arrangements." Fang Xianming didn't ask any more questions, just reminding him once was enough.
In a villa in North Point, Hong Kong: Hu Zhong, the chairman of Zhongyang Construction, was shocked when he heard what his son said: "What? Yang Wendong wants to ask you to meet at the Four Seasons Hotel?"
"Yes." Hu Yingxiang nodded and said. When he just learned the news, he was as shocked as his father.
Hu Zhong asked again: "Did you say anything?"
"I didn't tell you. I'm also very surprised. Our family's business doesn't have any major cooperation with Changxing Group. Why would Yang Wendong make an appointment with me?" Hu Yingxiang was very puzzled.
"Is it related to China Pakistan's acquisition of my taxi company?" Hu Zhong analyzed: "But how could such a small business alarm Yang Wendong?"
The taxi company is actually worth tens of millions, but for Yang Wendong, it is just a small business.
Hu Yingxiang said: "Even if it's because of the taxi company, you shouldn't come to me? You should go to your father. I've only been responsible for Zhongyang Construction over the years."
Hu Zhong thought for a while and said: "Since I have asked you, then go and meet seriously. I feel that this matter is most likely a good thing."
"Okay." Hu Yingxiang also agreed.
The next day, in the presidential suite of the Four Seasons Hotel.
"Hello, Yang Sheng." Hu Yingxiang said immediately after seeing Yang Wendong.
"Sheng Hu, you're welcome, please sit down." Yang Wendong said with a smile.
After the two sat down, the waiter brought hot tea, and Yang Wendong asked directly: "Hu Sheng, what do you think of Hong Kong's future economy?"
Hu Yingxiang paused, and then said: "I am still optimistic about the future of Hong Kong, because the country needs Hong Kong as a window to the outside world, just like it did in 1949."
"Then your father is still selling the taxi company?" Yang Wendong asked again.
Hu Yingxiang replied: "My father has been running the taxi company. If he is not optimistic about selling it, there is nothing I can do about it. Moreover, the Hong Kong government has relaxed the restrictions on individuals being able to apply for taxi licenses, which will inevitably make taxi companies more competitive." Decline in magnitude.”
"Well, so Zhongyang Jianye, which you control, is still operating?" Yang Wendong asked again.
Hu Yingxiang nodded and said: "Yes, my father's heart is not very good, so he plans to retire after the taxi company is sold. From now on, I will manage the operations of Zhongyang Jianye."
"That's fine, your ability is actually much better than your father's." Yang Wendong smiled;
Hu Yingxiang asked tentatively: "Yang Sheng, I don't know why you asked me out?"
"I want to cooperate with you." Yang Wendong said.
"Cooperation? Yang Sheng wants to contract the construction to me?" Hu Yingxiang was overjoyed.
The scale of Changxing Real Estate and Changxing Infrastructure ranks among the top in Hong Kong's real estate industry. For such a large company, a little bit of business can support Zhongyang Construction.
"Yes, I can give you some construction business." Yang Wendong asked again: "But I'm curious. Your father once publicly said that after working in construction for a lifetime, he can't compare to other real estate speculators for one year. What about you? Any ideas? ”
Hu Yingxiang was silent for a moment and then said: "Yang Sheng, to be honest with you, I do have the idea of doing real estate, but under the current situation, I don't know when it will end."
"That's right." Yang Wendong nodded and said: "I will arrange for people from Changxing Real Estate to contact you later, but if one day you consider setting up a real estate company, you can tell me and I can invest. This is my business card."
Hehe Industrial has not been established yet, so it is naturally impossible to invest now, so for now we can only get to know each other;
If he only looked at the investment income, Yang Wendong would not ask Hu Yingxiang out alone, and the future five real estate tigers would be nothing in his eyes;
But what is special about Hu Yingxiang is that in the 1980s, he invested heavily in domestic infrastructure and improved people's livelihood. Although he also had profit-making purposes, he helped tens of millions of mainlanders. This was enough to make him look at him differently, compared to just hoarding land. Someone waiting for appreciation is much better.
As for the cooperation with Changxing Real Estate, it doesn't matter. If it is not given to Hu Yingxiang, it will be given to others. It is impossible for Changxing Real Estate to recruit people to work on so many large projects. All kinds of outsourcing are very common.
"Okay." Hu Yingxiang took the business card and put it away immediately. The business card of such a big shot is often very useful.
PS: Please give me a monthly pass,
(End of chapter)