Looking out from the window of the chairman's office, you can see the huge parking lot behind the office building.
There are many buses parked here. Sioux City estimates that there are at least more than a hundred buses parked here, some are single-decker and some are double-decker.
This depot is just one of the China Bus depots. There are many depots of large size in other places on Xiangjiang Island, and many buses also stop at those depots.
“These buses are only part of them. If it is night, Mr. Su will find that there are more buses parked at our depot, at least more than double the current number, and a parking lot of this size will We have five parking lots. In addition, there are many small parking lots at the terminal. Although the area is not large, it is more expensive. In terms of land storage capacity, our China Bus is relatively prominent in the entire Xiangjiang. "Seeing Su Cheng looking out through the window, Yan Chengkun couldn't help but say proudly.
Unfortunately, once the Yan family sells all its shares in China Bus, these lands will no longer have anything to do with them.
"There are many buses, but I saw that more than half of the buses are relatively old. New buses only account for less than one-tenth, and 20 to 30 percent are like scrapped buses. Mr. Yan, are these Didn't you plan to get rid of the old buses?" Looking at the many dilapidated buses outside, Su Cheng couldn't help but ask.
“If the car can be driven, I don’t think it is necessary to replace it. The bus is just the cheapest means of transportation. Why should we spend too much money on these things? If it is worn out, just replace it. Then our bus How else can the company make money? Although the Transportation Department provides subsidies every year, I don’t think there is any need to waste these subsidies on unnecessary expenditures. Instead, they should be turned into dividends for our shareholders. Over the years, China Bus The profit ratio is very high every year. This is achieved only because of my careful budgeting for the company. Our China Bus operates as a monopoly in Xiangjiang Island and has no second competitor, so we do not need to pay for services at all. Too many!”
Perhaps he didn’t want Su City to lose his life’s hard work after taking over China Bus, so Yan Chengkun once again tried to convey his management philosophy to Su City.
However, Su Cheng had no intention of being like him.
Although Chung Hwa Bus does operate as a monopoly on Xiangjiang Island now, just like Kowloon Bus on the Kowloon Peninsula, it also operates on a monopoly on the Kowloon Peninsula, but these operations are limited, that is to say, After the deadline has passed, if the government wants to let other companies replace the bus business of China Bus, then China Bus will have nothing to do.
According to the Chunghwa Bus obtained from Xiao Ai in Sioux City, in the 1990s, Chunghwa Bus was deprived of the right to operate bus routes because of this, and in the end had no choice but to engage in other industries.
In the final analysis, it is because the service of Chung Hwa Bus is not good and cannot keep up with the development of the times. It often receives too many complaints from citizens.
If you cannot keep up with the times, you will naturally be eliminated.
This is all done by myself.
However, Su Cheng did not intend to argue too much with him in this regard. From now on, China Bus will be under his control. How to operate and manage it is his business.
If the Yan family retains part of China Bus's shares, they do have the right to propose the company's operating methods, but they only have the right to propose it. Whether they agree or not, it is still up to Sioux City to have the final say.
And if the Yan family wants to completely withdraw from China Bus, then the future China Bus will naturally have nothing to do with Yan Chengkun.
"Mr. Yan, I wonder if your Yan family plans to sell off all shares of China Bus and withdraw from China Bus completely?" Su Cheng changed the subject.
“We are not afraid to tell Mr. Su that we do intend to sell off all shares of China Bus. There are currently several interested buyers, but they are all under negotiation. If the price is right, we will sell. "Yan Chengkun also said cheerfully.
"What is Mr. Yan's intended price?" Su Cheng asked curiously.
"We naturally hope that the price per share will not be less than 30 Hong Kong dollars. What? Is Mr. Su interested in our stocks? As far as I know, you already hold more than 50% of the shares. If you increase your holdings, "It's against the rules," Yan Chengkun said. "That's not true. The shares I hold are enough to control China Bus. There is no point in increasing my holdings. If Mr. Yan wants to sell first, I can recommend some powerful businessmen to buy it." Su Cheng shook his head and said.
He indeed has no intention of increasing his holdings. Now that he has control, it is entirely up to him how he wants to operate.
If the stock price is low, just over 20 Hong Kong dollars per share, he can secretly use other identities to hold it on his behalf.
But with a stock price of more than 30 Hong Kong dollars, he had no interest in secretly holding it on his behalf.
It is indeed good news that the Gan family has completely withdrawn from China Bus.
After all, the Yan family has been running China Bus for more than 40 years, and their understanding of this company has been deep in their bones.
If they had been holding shares in China Bus and had disagreements from time to time, it would be troublesome to cause trouble for him.
Now, they want to sell off all their shares, just as Su Cheng wanted.
After a period of time, China Bus will develop into real estate. With the current situation of China Bus, the most appropriate way is to find a real estate company to cooperate in development.
Just like Hong Kong Electric Group, if Sioux City does not take over, they will cooperate with Cheung Kong Holdings to develop real estate in the future.
Now, China Bus has established a new company in cooperation with Hutchison Real Estate Company to develop real estate.
So, when the time comes, Sioux City is sure that China Bus will cooperate with the real estate companies under his name, such as Su's Real Estate Company, Hutchison Real Estate Company, etc.
In this way, the interests of China Bus will be divided up by the companies that are 100% controlled by Suzhou City, and they will be shared openly. Even if others know about it, there is nothing they can do about it. After all, it depends on China Bus itself. Conditions, it is difficult to get involved in the real estate industry without any business experience without any experience.
Among them, the probability of cooperation with Hutchison Real Estate Company will be higher, because Hutchison Real Estate Company is now strong enough and its construction team is also stronger.
As for Su's Real Estate Company, since it has only been established for a short period of time, it still needs to continue to accumulate its own strength.
So, after actually taking control of China Bus, the benefits granted to Sioux City were not calculated based on the proportion of shares. There were many aspects involved!
The most important thing is that after he controls the board of directors of China Bus, it is completely up to him whether China Bus pays dividends every year and the amount of dividends. Other shareholders have no room for resistance.
This is the biggest benefit of Sioux City Actual Holdings. (End of this chapter)