The Industrial Giant Reborn

The research and development of inverter air conditioners is a long way, and it will definitely be useless in a few years. This is just a future direction, but a few years is nothing for a company that focuses on household appliances, and whether it is Research and development of new technologies or the development of new markets require a lot of money.

Although the 1970s was the starting point for the explosion of the electronics, personal computer, and software industries, and there were many golden opportunities, but in general, the market that can be developed is still too small. For example, the very profitable arcade machines cannot come up with new tricks now. Because the chip technology cannot meet the requirements of complex games, Atari, the ancestor of arcade machines, will launch a game called Arkanoid this year. The internal operation is very simple, and it can only be so simple. If it is more complicated, the speed inside it will be faster. Chips are too much.

However, the game is simple and simple, and it is still very popular. This simple game has brought millions of dollars in profits to Atari, and it is the first pot of gold for this giant in the future.

Chen Zhiwen was naturally very concerned about the arcade machine industry, but in 1972/73, chip technology was poor, and Hong Kong had no talents in this field.

Now it is possible to enter, but limited by the chip capabilities, there are very few games that can be developed, and short-term profits will not be very strong.

In the absence of electronic technology, the huge amount of funds needed for the development of Midea can only rely on the two most profitable businesses in Hong Kong-real estate and finance.

Chen Zhiwen has been arranging his own traders to buy Wharf stocks in the stock market by time and account. The funds used are also funds transferred from overseas, so as to avoid the eyes and ears of HSBC. From last year to now, a total of 15% of the shares have been purchased. Wharf stock.

However, unlike later Li Jiacheng’s acquisition of Wharf stock which attracted the attention of the whole Hong Kong, Chen Zhiwen’s acquisition did not cause any splashes. Firstly, it was because of the different time. Li Jiacheng’s acquisition of Wharf was in 1977-78. Active, although the Wharf stock at that time was half dead, but under the general environment, a lot of funds entered the market, and Li Jiacheng acquired more, which attracted attention.

Now, over the past year or so, the entire Hang Seng Index has been halved and then halved, and Wharf's stock is also slowly falling. What's more convenient is that Wharf has invested a lot in the stock market in order to raise funds for the construction of Harbor City. , These stocks flowed into the stock market in large quantities. Chen Zhiwen's acquisitions were completely normal operations. No matter whether it was the shareholders, Wharf itself, or the securities company, they did not find that there were funds buying Wharf all the time.

Apart from Wharf, Chen Zhiwen has not made any moves on other stocks for the time being. One is because of limited funds, and the other is because stocks with future potential such as Cheung Kong Enterprises and Sun Hung Kai have not increased much in the past few years. It is completely possible to wait for the funds to be free in the future before investing. Besides, the acquisition of Wharf is not just to make a fortune, it is the starting point of a career.

In terms of real estate, Chen Zhiwen still arranged for his men to focus on acquiring industrial real estate, and would also purchase some B-type official documents to exchange land certificates. He also arranged for lawyers to go to Taikoo Shing to negotiate, and finally won a building near Victoria Harbor. The price was 220 per square foot, and a 5% deposit was paid. The contract was also very strict. If Chen Zhiwen did not pay the contract at the expiration date, the contract would be voided.

Chen Zhiwen knows that in 1976, the housing price here will rise to nearly 400 Hong Kong dollars per square foot, and in 1980, it can easily exceed 1,000 Hong Kong dollars. However, no matter how high the profit margin is, it is only a building, and the investment is only a casual interest in the location.

On Chen Tianfu's side, according to Chen Zhiwen's request last time, he registered an investment company, and then bought three shops with good locations in Central. After a little decoration, they started business. The main business is to absorb social spare funds, real estate Once the certificate is placed in the center of the lobby, there is really a sense of trust. In addition to the high probability of 10% return rate in one year and the 100% security guarantee of the principal, 500,000 Hong Kong dollars were absorbed on the first day of business, and the average daily rate of two to three One hundred thousand, although not much, is still a start. Besides, as long as you are brave enough to leverage this money, it can be used for a lot of purposes.

Of course, this kind of situation is generally not allowed, but Hong Kong will have a century-old fraud like Chen Songqing in a few years, and the current regulatory chaos can be imagined.

After arranging everything, Chen Zhiwen came to his own property, the Hilton Hotel. Today, he booked an independent suite to entertain a guest.

"Zeng Sheng, this is wine imported from France." Chen Zhiwen poured the wine glass and handed it to a middle-aged man about 40 years old in front of him.

"Chen Sheng is too polite." The middle-aged man surnamed Zeng said with a smile, took a sip of compensation from the wine glass, and praised: "It's very good, much better than what I drank abroad before."

"Of course, it costs more than a thousand Hong Kong dollars a bottle." Chen Zhiwen smiled and said, "Zeng Sheng, you should also know why I called you out today. Do you think we can cooperate?"

"Chen Sheng, your father has already contacted me. I am very happy to have the opportunity to cooperate and sell the products to the United States. It's just that my company produces ties. I have read the fax your father sent me. The list, it seems that the number of ties is very small." said the man surnamed Zeng.

"I know that Goldlion only makes ties, so my idea is that we will build a joint venture factory, and you will manage it. I will be in charge of the order, specializing in the production of the main products on the US order, such as short sleeves, winter clothes, quilts, bedding, etc. .” Chen Zhiwen said.

The person in front of him is Tsang Tsz-hing, the most famous tie king in Hong Kong, who is also one of the few representatives of Hong Kong's manufacturing industry who survived into the 21st century. He started to set up a tie company in Hong Kong in 1968. In fact, he avoided At that time, garments, which were the most competitive in Hong Kong's manufacturing industry, entered the domestic market through reform and opening up after more than ten years of development. In the early stage, they cooperated with the country's three-in-one-subsidy policy to earn foreign exchange for the country's exports. In the 1990s, the country opened its own market. Goldlion took advantage of the opportunity to become the most well-known brand in China. After the necktie business reached its limit, it also began to develop garments, leather bags and other industries.

But after all, it is a manufacturing industry, not high-end. Compared with those real estate giants in Hong Kong, Zeng Zixing is famous because of his achievements in the field of charity. Half of his life is donated to the mainland, whether it is or not For what purpose, such a person is capable, Chen Zhiwen is naturally willing to cooperate with him.