"Yes, after all, the Yan family has been in control of China Bus for more than 40 years, and their understanding of China Bus is much deeper than ours. Since they have such a behavior, they have their reasons, but I have also calculated it. , If it is just the cost of operating this area, it will be more than 5 million Hong Kong dollars a year. For you, boss, it is nothing, it is just a good deed." Zhang Qizheng laughed.
More than five million Hong Kong dollars is nothing to Sioux City.
However, for the Yan family, it is already a considerable sum of money.
Although the Yan family is a billionaire family and can be regarded as the second-top wealthy family in Xiangjiang, the cash flow they usually control is actually not much.
For example, this time, if they had not sold all the shares of China Bus, they would not have a cash flow of nearly HK$500 million.
As for the dividends they received from China Bus in the past, they were basically invested in other places.
The Yan family is a big family after all, and it is impossible for them to invest all their assets in China Bus.
In addition to controlling the listed company China Bus, they have also invested in many industries across Hong Kong, such as property, retail, etc., but China Bus is their main business.
“Well, you can’t save this money, you have to pay it when it’s time. The service must be done well. When the bus business is done well, in the eyes of the citizens, this brand is a guarantee. Let them have enough trust in the China Bus brand, and then our China Bus will be able to do well in real estate and even other industries," Su Cheng said with a smile.
"I think so too. By the way, boss, you went to Singapore this time for Mr. Melis. What was the result?" Zhang Qizheng changed the subject and asked.
"It's very successful. Mr. Mellis has been convinced by me. He has applied to the board of directors of Haw Par Company to resign. In about two weeks, he will end his work at Haw Par Company. At that time, he can go directly from Singapore. He has come to Xiangjiang to take over your job at China Bus. You can contact him when you have time to discuss the handover. You can also send him some information about China Bus to let him know the situation here in advance, so as to get familiar with China Bus early. business." Su Cheng replied.
"Congratulations, boss, for gaining another general. I have occasionally heard of Mr. Melis's talents even in Hong Kong. Boss, if you bring him over, the future of China Bus will be stable!" Zhang Qizheng Said with a smile.
“I hope so. I have had a long chat with him in the past and he is indeed a talent. Because of this, I will try my best to convince him in the shortest possible time, because Mr. Li Ka-shing is also poaching him. If it is too late, If we don't, we won't have a chance. Now things are finally going smoothly," Su Cheng said with a smile.
“By the way, boss, regarding the replacement of Chung Hwa Bus vehicles that are close to being scrapped, we have made statistics and found that nearly 180 buses need to be replaced, which requires approximately more than 10 million Hong Kong dollars. If we want to replace it, the funds of China Bus are not enough. At present, all the available funds of China Bus are only more than 9 million Hong Kong dollars. This is because our speed is so fast that the Yan family has no time to transfer these funds. The funds are used for dividends, and if they are divided, we will have less available funds," Zhang Qizheng continued. "More than 180 vehicles? The number is indeed a lot." Su Cheng was a little surprised.
With so many buses approaching their end of life, the former Chung Hwa Buses have never been replaced and will continue to be used as soon as they can be repaired. It’s no wonder that citizens’ experience is so poor.
“Yes, China Bus’s largest bus purchase channels in the past were Leland Atlanta Bus and Dynamo Bus. In addition, it also cooperated with some other bus brands, but the purchases were not large. Most of the Jumbo double-decker buses are used. Many streets in Hong Kong are relatively narrow, so they are very suitable for double-decker buses. They can not only save space, but also add a beautiful business card to the city. The government has always been very supportive of the use of double-decker buses by the two major bus companies in Hong Kong. Buses.
In addition, in addition to reducing costs, the reason why Yan Chengkun does not upgrade buses is that after I took over China Bus, I also learned that there is another very important reason, the British mainland. Since the late 1960s, the bus model controlled by one person has been fully implemented. This decision caused various bus manufacturers to abandon the production lines of front-engine buses and instead fully develop rear-engine buses suitable for one person control.
Under the pressure of population growth and the opening of the Cross Harbor Tunnel, China Bus purchased a total of 336 rear-engine buses a few years ago in the hope of reducing operating costs. However, the Jumbo Bus had problems after being used in Hong Kong for a period of time. The phenomenon of dissatisfaction.
When buses are overloaded for a long time, the chassis subframe and drive shaft often break due to overload. The engine and small water tank of the bus are placed at the rear. Although the cabin environment is quieter, In the subtropical climate of Hong Kong, the engine cooling effect is very poor; moreover, the Jumbo Bus also lacks the ability to drive on inclined roads. In the environment of Hong Kong with many mountains and little flat land, the Jumbo Bus is obviously unable to do its job.
Especially since the 1970s, the government has made every effort to develop new towns, as well as the Eastern and Southern Districts of Hong Kong Island. At that time, many routes to and from the urban area and these new development areas required climbing over mountains and mountains. Therefore, China Bus and Kowloon Bus were very convenient. It is believed that front-engine buses are always a more reliable choice at present, but now the market mainly produces rear-engine buses, and it is difficult for them to buy front-engine buses. If they want to buy them, they can only buy second-hand ones. It's a front-engine bus, and it's very old.
So, when I was sorting out the information on Chung Hwa Bus, I also encountered difficulties. If I want to replace all these 180 buses, should I buy rear-engine buses? If I buy these Rear-engine buses must still be acclimatized as before. If nothing else, the repair cost will be very high and very uneconomical.
I want to buy a front-engine bus, but it is difficult to buy. With our order of more than 180 buses, although it is a big order for the bus company, China Bus and Kowloon Bus have jointly They are unwilling to ask them to buy front-engine buses. Therefore, the purchase of buses may have to be postponed until Mr. Melis takes office. You can decide how to deal with it. ”
Zhang Qizheng quickly pointed out a big problem that China Bus is encountering now.
Not knowing how to buy a new car is indeed a big problem.
If the rear-engine bus he mentioned is indeed not suitable for Xiangjiang, Sioux City will never buy it. Why bother buying something that breaks easily? (End of this chapter)