Legend of Xiangjiang Tycoon - Chapter 531

The next person to report is Li Cunpu from China Bus Co., Ltd.

Previously, Li Zhiwen and Luo Yingshi jointly won most of the shares of CMB, and then implemented privatization through private placement, pushing the founder of China Bus Co., Ltd. Yan Chengkun out of China Bus Company.

Then Li Zhiwen and Luo Yingshi jointly established the City Garden Real Estate Company, in which Luo Yingshi holds 60% of the shares and Li Zhiwen holds 40% of the shares, which will be used to develop the old bus station, parking lot and repair shop in the hands of Zhonghua Bus.

However, due to the Hong Kong crisis, the investment of the City Garden Company has bubbled up a lot.

Luo Yingshi wanted Liu Chenghao to rescue the City Garden Company, but Liu Chenghao refused.

Later, in order to keep the Eagle Real Estate, Luo Yingshi finally had to sell the shares of the City Garden Company to Li Zhiwen at a low price.

And Li Zhiwen later merged the City Garden Company into the Hutchison Real Estate Group. This short-lived company completed its mission.

However, China Bus has continued to exist in the form of pure bus operation. After the integration of New China Bus Company, it will continue to be listed on the Hong Kong Stock Exchange. Currently, Li Zhiwen holds about 70% of the shares and is a veritable major shareholder of China Bus Co., Ltd.

Before the Heungkong crisis, Liu Chenghao reduced his holdings by about 20%. After the Heungkong crisis, the stocks of major companies in Heungkong became waste paper. Liu Chenghao increased his holdings by about 30%, reaching the current level. 70%.

Li Cunpu is the head of the new China Bus Co., Ltd. He has been the deputy general manager of China Bus Co., Ltd. during the Yan Chengkun period. Of course, Li Zhiwen cannot trust Li Zhiwen 100%. In fact, all the holding groups under Li Zhiwen, or the companies he invests in, will be assigned by the fair accounting firm to monitor the financial status of each investment company.

As the president of Li Cunpu who participated in this kind of conference for the second time, although he had so-called preparations, he couldn’t help but feel a little excited when he saw the revenue of each group. After all, in Li Cunpu’s view, China Bus Co., Ltd. is not much worse than them.

Li Cunpu said: “Boss, my colleagues, I will speak next. I will summarize the development of China Bus this year.”

“Currently, China Bus Co., Ltd. has a total of 213 single-decker buses and 122 double-decker buses. The main business is concentrated on Hong Kong Island, and there are a total of 25 routes.”

“Since the boss took control of China Bus, because many of the previous buses were damaged, a new batch of buses was purchased. This batch of buses has a total of 73 buses before and after, costing a total of 87 million Hong Kong dollars.”

“At present, according to the plan, a batch of 80 buses will continue to be phased out this year. This batch of buses will reach 120, and the funds involved are 139 million Hong Kong dollars.”

“As of November, China Bus Co., Ltd. has a total revenue of 310 million Hong Kong dollars and a profit of 137 million Hong Kong dollars.”

Li Zhiwen nodded, this profit ratio is not high, but Li Zhiwen did not buy China Bus to make money. After all, there are too many money-making industries in Hong Kong, and there is no need to hang in the public bus industry.

In fact, Li Zhiwen acquired China Bus because it was a public utility. Throughout Li Zhiwen’s investment over the years, it was all about public utility.

First, it is to increase the bargaining power for himself, and let the Hong Kong government turn against himself and also weigh the impact.

Of course, Li Zhiwen understands that the British don’t care whether Hong Kong lives or dies, so when he was weak, Li Zhiwen would only be a good boy. When he mastered the real lifeline, he would not be afraid of the British.

The second reason is that although the profit margins of these public utilities are not high, fortunately, the cash flow is not small, so they can cope with the crisis.

“In addition, I suggest that the boss buy Kowloon Bus Co., Ltd., so that all the bus companies in Hong Kong are in our hands.”

“Kowloon Bus is mainly responsible for buses in Kowloon and the New Territories. If it is acquired, it can create an all-round integrated bus line. The two bus companies will operate together. With less barriers, profit margins will increase.” Li Cunpu said.

In fact, Li Cunpu mentioned this matter last year, but it was perfunctory by Li Zhiwen.

After all, at that time last year, Kowloon Bus was just a grain of millet, but Li Zhiwen didn’t take it seriously.

“What is the market value of Kowloon Bus now?” Li Zhiwen asked.

“Boss, the current market value of Kowloon Bus is around one billion Hong Kong dollars. It had already dropped to 600 million Hong Kong dollars during the Hong Kong crisis last year.”

“However, it was not prepared at the time, and the boss’s funds were not sufficient at the time, so it was not on the agenda.”

“However, the current market value of Kowloon Bus Company is picking up with the recovery of the stock market, so if you want to start, now is the best time.”

“At this time, as the shareholders of Kowloon Bus, Lei Juekun holds 23% of the shares, Yao Wenran holds 20% of the shares, and Yang Wenchang holds 22% of the shares.”

“However, Yang Wenchang is pessimistic about the future direction of Xiangjiang and wants to sell the shares and leave the market. Currently, Lei Juekun and Yao Wenran are in contact with him.”

“If we don’t take action, Kowloon Bus Company may completely miss us.” Li Cunpu explained.

Hearing Li Cunpu’s words, Li Zhiwen felt that what he said was very reasonable, because if any one of Lei Juekun took Yang Wenchang’s shares, the shares would reach more than 40%. At that time, the acquisition was simply impossible.

In addition, don’t say that if you hold more than one-third of the shares, you will initiate a comprehensive acquisition.

The maneuverability of this situation is too great, and the two of them can’t afford to find someone to hold it on their behalf.

So what Li Cunpu said is quite right.

But it is a pity that although Li Zhiwen is interested in Kowloon Bus, he is not willing to buy it at this time, because in Li Zhiwen’s opinion, the price is too high.

After thinking for a while, Li Zhiwen said: “Cun Pu, you can make a plan first, and you can also get in touch with Yang Wenchang. All in all, I want Yang Wenchang’s shares to be sold and don’t come to a conclusion too early, you understand me. Do you mean?”

Li Cunpu was very happy when he heard Li Zhiwen’s words.

Although what Li Zhiwen said this year is similar to last year, he asked Li Cunpu to prepare the acquisition plan, but the meanings of the two are completely different.

Li Zhiwen said that last year is perfunctory, but this year he really has an idea.

So Li Cunpu hurriedly agreed: “Yes, boss, I will send someone to contact Yang Wenchang right now!”

“Okay, you make arrangements!” Li Zhiwen said.

After Li Cunpu finished his report, Dong Zhengxiong started his report.

Gu Xing </span> Dong Zhengxiong is the president of Hong Kong Telecommunications Corporation. He was previously the general manager of the Great Eastern Telegraph Office in the United Kingdom. Later, after the Great East Telegraph Office withdrew from Hong Kong, Dong Zhengxiong did not follow him, but stayed. .

For Dong Zhengxiong, he is a Hong Konger, why would he follow them to the UK?

Li Zhiwen also inspected several people specially, and finally selected Dong Zhengxiong as the president of Hong Kong Telecom.

“Boss, my colleagues, Hong Kong Telecom’s current business is mainly in the field of international telephony, along with some satellite communication, radar navigation, data communication and other businesses.”

“At present, the local telephone field is handled by the Hong Kong Telephone Company, and we do not interfere with each other.”

“For the whole year of last year, our Hong Kong Telecommunications Company had a total revenue of 320 million Hong Kong dollars and a profit of 4.1 billion Hong Kong dollars.” Dong Zhengxiong said.

Don’t look at the telecommunications industry as a profiteering industry, but that is relative to the fact that the infrastructure equipment is all your own, and the Great Eastern Telegraph Office of the United Kingdom has withdrawn from Hong Kong, and your own son has become a stranger. How can you let you use these in vain equipment.

That’s why the profit margin of Hong Kong’s telecommunications industry is very low, and the big money was taken away by the Great Eastern Telegraph Office in the United Kingdom.

“This level of revenue is okay, but the main task of Hong Kong Telecom is infrastructure construction, and it has reached cooperation with international telephone companies in various countries and cities to get rid of the Great Eastern Telegraph Office in the United Kingdom. Only in this way, we Hong Kong Only telecommunications companies can have long-term and long-term development, otherwise everything is empty talk.”

“I understand, boss, our next mission has always been like this.”

“In addition, the boss, Jardine Matheson is selling the Hong Kong Telephone Company. Should we take action? If we take over the Hong Kong Telephone Company, the entire Xiangjiang telephone network will be in our hands. This is the lifeblood of Xiangjiang!” Dong Masao said.

Although Dong Zhengxiong’s tone was very calm, Li Zhiwen could hear the excitement in Dong Zhengxiong’s words.

Dong Zhengxiong’s idea is very good. The most profitable business these days is of course a monopoly.

If the entire telecommunications business of Hong Kong is in the hands of Li Zhiwen, then it can be said that Li Zhiwen will raise the price as much as he wants. Of course, this is with the permission of the British Hong Kong government.

After Henry Keswick became the head class of Jardine Matheson, the first powerful medicine prescribed to Jardine Matheson was to lift the mutual control between Jardine Matheson and Landmark, and now the project has begun.

The second potent medicine is to sell non-performing assets. Of course, we are talking about the non-performing assets of Xiangjiang. As for overseas Henry Keswick, he will not sell them.

After all, the Xiangjiang issue is still pending, and Henry Keswick cannot grasp the direction of the development of the matter, so Henry Keswick must be ready to evacuate now.

Logically speaking, the Hong Kong Telephone Company is not a non-performing asset, and thinks that it is operating very well.

But there is no way. The debt of Jardine Matheson is too large, and the non-performing assets sold by the sale are far from being able to deal with these debt problems, so Henry Keswick can only resort to this, and put the Hong Kong Telephone Company, which is not a core industry, on the shelf. .

But Li Zhiwen understands that even if Henry Keswick is anxious and Jardine Matheson’s debt problem is anxious, Henry Keswick will not sell the Hong Kong Telephone Company now.

There is no other reason, that is, the sale is too much loss now. After all, the market value of Hong Kong Telephone Company is less than 2 billion Hong Kong dollars, and one-third of the shares held by Jardine Matheson are only worth 5.6 billion Hong Kong dollars.

You must know that the market value of Hong Kong Telephone Company at its peak could reach 4 billion Hong Kong dollars.

So now this time is definitely not a good time.

At this time, Henry Keswick put the Hong Kong Telephone Company on the shelf with only one purpose, that is to pick and see if there is any suitable one to cooperate with.

When the Hong Kong issue is settled, Henry Keswick will take action, which is what Henry Keswick did in his previous life.

Of course, Li Zhiwen couldn’t tell Dong Zhengxiong the truth and attack Dong Zhengxiong’s enthusiasm, so he could only arrange for Dong Zhengxiong to contact him first.

“Zhengxiong, then you can get in touch with Jardine Matheson and see what Jardine Matheson thinks!” Li Zhiwen said.

“Yes, boss, I will arrange it as soon as possible!” Dong Zhengxiong said.

The next person to report is Sun Yuanzhang, the president of the Marco Polo Hotel.

Sun Yuanzhang was originally the president of Marco Polo Hotel. After Bao Yugang took control of Wharf, Sun Yuanzhang did not leave his job, but was retained by Bao Yugang to continue to serve as the president of Marco Polo Hotel.

After the Marco Polo Hotel was sold to Li Zhiwen by Bao Yugang, Li Zhiwen examined Sun Yuanzhang’s ability and retained Sun Yuanzhang to continue serving as the president of the Marco Polo Hotel.

I just heard Sun Yuanzhang say: “Boss, my colleagues, we currently have five hotels in the Marco Polo Hotel Group. Three are in Hong Kong, one is under construction in Pengcheng, and the other is in Yangcheng.”

“The total revenue of Marco Polo Hotels Group last year was HK$79 million, and since the construction funds of the Marco Polo Hotels in Pengcheng and Yangcheng were funded by the owner, the construction cost was not included in the in.”

Li Zhiwen nodded and said that he knew that the construction costs of the Marco Polo Hotels in Pengcheng and Yangcheng were used by the profit from the sale of electricity by the Hong Kong Electric Group.

The profit of the hotel industry is very low. UU Kanshu www.uukanshu.com The profit of the three hotels of Marco Polo Hotel has reached more than 70 million Hong Kong dollars. In Li Zhiwen’s opinion, it is already very high, and the form was not very good last year. This profit Very good.

Besides, Li Zhiwen didn’t want to make money from hotels. Li Zhiwen just regarded the Marco Polo Hotel as a supplement to an industrial cluster.

“Boss, I want to rebuild a hotel in Hong Kong next year, although there are already three hotels in Hong Kong. After all, Hong Kong is an international metropolis. Every year, there are many tourists from various countries and regions, which is very suitable for the development of the hotel industry. Two of our Marco Polo hotels in Hong Kong are located on Hong Kong Island and Causeway Bay, and this time we are building a hotel that can be placed in the Tsim Sha Tsui area to maximize our hotel’s coverage of Hong Kong,” said Sun Yuanzhang.

“You have to come up with a plan for this plan first, I’ll take a look at it, and then discuss it later.” Li Zhiwen said.

“Yes, boss!” Sun Yuanzhang said with a sad expression.

Sun Yuanzhang thinks that his opinion is completely without any problem. After all, he wants to make the Marco Polo Hotel bigger and has no selfish intentions, but he is not interested in this plan according to the boss’s intentions.

And Li Zhiwen also had his own considerations. It took too long to rebuild a hotel.

Instead of that, it is better to directly acquire a hotel brand and operate the two brands independently.

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