Chapter 220: [The current status of its industries] (please ask for a monthly pass!)
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Chapter 220 [Current Status of Subsidiary Industries] (Ask a monthly pass!)
Returned to Hong Kong Island and reunited with his family for one night; the next day, Wu Guangyao first came to Uniqlo.
Currently, Uniqlo’s assets mainly include the Shauqiwan Factory, Singdao Factory, 12 stores on Hong Kong Island, and two luxury sub-brands-Armani and Valentino.
As soon as Wu Guangyao entered the office, Fu Hongru came to the office to report.
"Boss, the export quota has been settled. We Uniqlo and the Development Bureau of the Hong Kong Government have reached an agreement to give us the export quota first." Fu Hongru began to say as soon as Wu Guangyao sat down.
The quota mentioned by Fu Hongru is something that only happened this year!
The two production plants of Uniqlo are heavily dependent on the European and American markets, and 70% of their products are exported to Europe and the United States (OEM).
In April this year, Britain and Dongying have successively implemented textile import quotas in order to protect the local textile industry.
Originally, although the United Kingdom and Dongying restricted the textile import quota, they were still sufficient to support the textile manufacturing industry on the small Hong Kong Island.
However, although the British Hong Kong government does not collect taxes, it sells everything, including quotas, which is the right to export.
Suddenly increased the burden on Hong Kong Island’s textile and garment industries, and what is even more terrifying is in the back;
In later generations, the clothing industry on Hong Kong Island has been the largest manufacturing industry on Hong Kong Island for a long time; but in the 21st century, there is no decent leading brand. The main income of the four so-called leading companies comes from the right to sell exports.
Other large and small garment factories, buying quotas, are exhausted, and they have not made much money without Guo Desheng’s agent YKK zippers.
These four leading garment manufacturers rely on speculation in export quotas and stand out among many garment factories. Their bosses are Luo Dingbang, Lin Baixin, Tian Yuanhao, and Fang Zhaozhou.
Wu Guangyao is not a saint and can't control what others do, but with regard to export quotas, Uniqlo must firmly hold its own quota in its hands.
As the first garment factory to deeply cultivate the European and American markets, Uniqlo has too many advantages to get the first-hand quota.
As long as Wu Guangyao is happy, there will be nothing wrong with those four people after that!
But Wu Guangyao doesn't like to change too much history, and doesn't like to **** other people's hearts!
"Well, we must keep our eyes on this quota in the future, and we can't let people grab it, and then we can speculate on the price. The Hong Kong government can really make a fortune. The United Kingdom and Tokyo restrict textile import quotas. There is nothing wrong with Hong Kong Island, after all. The market is so big, and the small Hong Kong Island’s production is enough to sell. Now it’s good, and the Hong Kong government is making money. They make money even if they make money, and they also give others the opportunity to speculate on quotas." Wu Guangyao complained.
Tax rates on Hong Kong Island are indeed low, and the government has little interest in collecting taxes with relatively high costs.
The tax system on Hong Kong Island is simple, with extremely low tax rates and loose control. In the 50 years before the reunification, corporate profits tax was around 16%;
Over the same period, both Dongying and South Korea are above 50%; Singapore and Taiwan Island are around 40%.
This makes Hong Kong Island a tax avoidance and money laundering paradise in Asia.
Taxes account for only 60% of the British Hong Kong government’s fiscal revenue. The other 40% comes from renting and selling land, selling quotas, and controlling public utilities.
So, it is not that the Hong Kong Island Government is kind, but that the Hong Kong Island Government has its own abacus!
"Then, should we buy more to prepare for emergencies, and we can sell the excess to others!" Fu Hongru suggested.
"Not too much. I am the president of the Garment Chamber of Commerce. Don’t take the lead to destroy this ethos. I sell it to others at a fair price, and others think I’m making money."
Then talked about the two luxury customized brands under Uniqlo, both of which are developing well.
Wu Guangyao did not have high requirements for the garment industry, seeking stability in the 1950s and 1960s, seeking development in the 1970s and 1980s, and seeking outbursts after the 1990s.
Lin Youde's textile factory is even simpler. Anyway, relying on PG zippers and Uniqlo's orders, you can make a lot of money without thinking about other things.
Lao Fengxiang Jewelry Headquarters, President's Office.
Wu Guangyao walked around the office casually, observing his new office, and he looked very good.
This is the third time that Lao Fengxiang Jewelry has moved into a new office building, and it is getting bigger every time;
As for the next time, it will definitely be moving into a building built by own Yangtze River Holdings.
A male clerk stood aside, waiting for Wu Guangyao’s instructions. He was an office clerk for Lao Fengxiang Jewelry and occasionally served as Wu Guangyao’s secretary.
Wu Guangyao does not have a full-time secretary in all companies, and office employees play this role.
The layout of the entire office is simple, without too much decoration, and a few pots of plants make people look refreshing.
On the desk is a telephone, and a few books, very much to Wu Guangyao's temper.
"I'm very satisfied with the office layout. You only need to clean and clean every day, and you don't need to buy anything!" Wu Guangyao ordered after visiting his new office.
"Yes, Mr. Wu!"
After the staff quit, Wu Guangyao just sat down, and Rong Bensheng came to the office to report.
Wu Guangyao leaned on the chair, slightly relaxed, and said to Rong Bensheng: "Sit down, I heard that you just came back from Dongying, let me tell you what the situation is!"
Rong Bensheng slowly sat on the sofa, sitting only half of his hips, straightened his waist, and began to report in a serious manner.
"After five months of vigorous publicity in Dongying’s diamond market, the effect has been revealed. Many affluent young couples have slowly begun to accept the idea of diamond wedding rings, and the market has gradually improved. At the same time, we also After encountering some resistance, with our massive advertising bombing, many media in Dongying began to refute us, saying that diamonds, a luxury product, are not suitable for the current Dongying. Dongying is now in need of economic development and should not be arrogant. Excessive extravagance, and even public protests broke out."
Wu Guangyao leaned forward and said sternly: "Then Dongying official has any action?"
"Not yet, but I am afraid that we continue to invest in a large number of advertisements, which may arouse the antipathy of the Dongying official." Rong Bensheng said a little worried.
Wu Guangyao is also a bit headache. Dongying is now being fierce for the economy. Even American products dare to boycott and protest, let alone a diamond jewelry exported from Hong Kong Island.
Fortunately, Lao Fengxiang Jewelry is in the form of diamond jewelry, and cooperates with Dongying local jewelers. Otherwise, he is afraid that he will be driven away by this country with serious national self-esteem.
"The radio advertisements should be removed first. As for the newspaper advertisements, we need more targeted publicity."
"We need to plan a more touching story: find a woman who is more famous in Dongying, but her marriage is unfortunate and abandoned by multiple men. (If not, choose to make it up.)
When we took out the diamond ring, the woman exclaimed: What is it made of, and how is it so beautiful?
We replied: This is a diamond. A diamond has a hard and unchanging quality. It is your next generation, and after the next generation, it will still maintain its beauty and brilliance today!
The woman suddenly said sadly: If a person could have love like diamonds, that would be great! "
"The soul of the diamond is here-a story about eternal love!"
"We are about to find a story motif suitable for the characteristics of the product in this woman-eternal love:
What is a diamond?
Diamonds are hard: among the substances currently found on the earth, the hardest one, nothing can break it;
Diamond is stable: any acid or other drugs will not work on it, and it will not deteriorate over time.
What is the ideal love?
Love should be hard, nothing can break it;
Love should be stable and will not deteriorate due to changes in time.
Diamond=hardness+stability=eternal love=hardness+stability=eternity so: diamond=love=eternity"
Rong Bensheng listened to Wu Guangyao's story planning, his expression was very focused, for fear of missing something.
"Mr. Wu, you are simply a giant in the advertising industry. These propaganda methods will definitely bring our diamond business to the next level!" Rong Bensheng said admiringly.
Wu Guangyao said: “If the advertisement is to continue to promote, then we have to draw someone on to come to our platform to increase the influence of diamonds in Dongying!”
Rong Bensheng made it through at one point, and immediately said: "Are you talking about Ernest, President of De Beers?"
Wu Guangyao nodded, and then said: "Ernest attaches great importance to the cooperation with our Lao Fengxiang Jewelry. Our patent advertisements are free for De Beers use, so it is time for them to contribute. You send out the invitation letter now. , Let Ernest go to Hong Kong Island, and then go to Dongying to promote it together."
After Rong Bensheng left happily, Yuan Jian, who was in charge of finance, and Gundam, who was in charge of the workshop, came to report one by one.
Lao Fengxiang’s current financial situation is that he owes a huge sum of US$500,000 to HSBC and has to spend a lot of advertising expenses. It seems that it will take the second half of 1953 to get rid of this situation.
Fortunately, the gold and silver jewelry business is doing very well, with an annual profit of about 1.8 million Hong Kong dollars, and diamonds have also begun to make a lot of profits.
Queen's Road, Central, Universal Tower.
Wu Guangyao took the financial statements in his hand and carefully checked the accounts of Global Shipping.
Started to build 15 30,000-ton tankers in November last year, and 8 months have passed so far;
Global Shipping has earned a full 17 million U.S. dollars in these 8 months, which can be described as a pretty dazzling performance.
At the same time, second-hand cargo/tankers increased from 420,000 tons to 550,000 tons, and with the 450,000 tons of new ships being built, the global shipping capacity finally reached 1 million tons.
At this time, the Greek ship king Onassis was only about 1.2 million to 1.5 million tons. Of course, Onassis’ fleet was still much newer than Wu Guangyao’s fleet.
The 150,000 new ships of global shipping are worth 80 million U.S. dollars, and the interest is about 95 million U.S. dollars. At present, 15 million U.S. dollars has been repaid, and 80 million U.S. dollars need to be repaid.
After the Korean War ended in July next year, Global Shipping should still make about 26 million US dollars. If you rush to repay the loan, you should be able to pay it off by the end of 1955;
However, Wu Guangyao will not stop his footsteps. His goal is 30 million tons of deadweight, so he will not rush to repay the loan. He needs to buy the ship all the time.
The stream is endless, hard work!
After reading the information, Wu Guangyao said to He Yuanzhang on the sofa: "On the Maritime Academy, you must hurry up. We must stick to the route of elite soldiers. Ships are a tool that can truly satisfy customers. Skilled, qualified seafarers."
"Boss, please rest assured, the people from Global Maritime Academy are no worse than those in Europe and America!" He Yuanzhang said confidently.
Wu Guangyao nodded. From the beginning, the Global Maritime Academy has followed the elite line strictly, so Dongying’s customer satisfaction has always been high.
PG Zipper Headquarters, located in Tsuen Wan Zipper Industrial Park.
Since the acquisition of YKK Zipper, Wu Guangyao's zipper business has flourished. PG Zipper has made a profit of 6 million US dollars from the original year to 15 million US dollars.
The operation of the Tsuen Wan plant and the acquisition of YKK zippers. After these two things are completed at the same time, not only the profit margin is much higher, but the market has also increased a lot.
PG zipper has truly achieved a global layout, and even many remote and poor places have the shadow of PG zipper.
After reading the information in his hand, Wu Guangyao asked: "What is the reaction of the zipper manufacturer in the United States?"
"I haven't received any feedback yet, but I told the people over there to keep staring, and if something goes wrong, we can respond immediately." Li Bing said.
"This approach is right. We have a lot of cards in our hands, but we must not be careless!"
Wu Guangyao has been worried that the United States will impose trade protection on the zipper industry, especially sanctions on the monopoly industry of PG zipper.
If the YKK zipper had not been acquired, Wu Guangyao might have to watch and be sanctioned;
But it’s different now. If the United States sanctions Sing Tao’s YGG zipper, then there will be Dongying YKK zipper to fill the vacancy.
YKK Zipper’s shares are owned by Dongying people but accounting for 42%, and the Kurobe factory is about to operate. By that time, Dongying workers will be 5,000, and the Dongying government must protect it;
The United States now relies heavily on Dongying, and the possibility of sanctions on Dongying's zipper industry is very small. After all, zipper is only a small industry.
Next, Wu Guangyao asked about the progress of nylon zipper production. As early as the second half of 1951, PG zipper announced the successful development of nylon zipper in Europe and became the first company in the world to develop non-metal zipper, which shocked the industry.
Because the process has been improving in the later period to reach the maturity of the process, it has not been introduced to the market.
This year, PG zipper finally decided to start production in August and launch it on the market.
The main customer of nylon zippers is luggage manufacturers. At present, PG Zipper is still studying the invisible zippers of nylon materials. This step is the real development of nylon zippers.
The last stop-Cheung Kong Industrial.
The Lanwan Villa was delivered in March. Cheung Kong did not choose to develop its own reserve land. Instead, it chose to cooperate with a British-owned foreign bank to establish a real estate development project.
This project is located in Yau Ma Tei and covers an area of 150,000 square feet. It will build 100 five-story tenement buildings with a total of 500 units;
The area of each floor of these tenement buildings is about 600 square feet to 800 square feet, and the price is between 12,000 Hong Kong dollars and 16,000 Hong Kong dollars.
At this time, the salary of ordinary male workers on Hong Kong Island is about 45 Hong Kong dollars, and it takes more than 30 years to buy a house (plus interest) without eating or drinking, which is comparable to that of later generations in the Mainland.
So the buyers of these houses may be those who are in small businesses or those with middle-to-high income.
Obviously, it is nowhere for ordinary workers to buy a house!
British-owned foreign banks accounted for 40% of the shares, and all construction and other expenses of Cheung Kong Holdings accounted for 60% of the shares.
British-owned foreign firms naturally dare not develop themselves, after all, Hong Kong Island is still in a state of being blocked by American trade.
But Wu Guangyao is not afraid. Even if the house cannot be sold now, it will definitely be sold by the end of 1953.
Moreover, Cheung Kong must develop new projects, otherwise the workers on Hong Kong Island will have to stop work or even leave. This is the biggest problem.
So if there is no joint development project with British foreign companies, Cheung Kong will have to develop its own land to support these workers.
"The down payment is only 15%, have you negotiated with HSBC?" In order to reduce the pressure on buyers, Wu Guangyao intends to make the down payment again.
"Well, HSBC has agreed, I think it will be your face!" Shi Jun said.
Wu Guangyao nodded. He and HSBC have now become a real cooperative relationship. They have tasted the sweetness, and Wu Guangyao also needs their financial support.
On August 12th, Lin Yueru made new contributions to Wu Guangyao and gave birth to a son named Wu Xianyi.
Looking at the weak Lin Yueru, Wu Guangyao said ‘thank you’.
and said, let Lin Yueru seal her belly temporarily, she will not have any more children in 5 years, after all, it is too harmful to her body.
Lin Yueru heard this, moved to cry, Wu Guangyao quickly calmed it down.
It is enough to have two sons in the main room. As long as Wu Guangyao carefully cultivates, it is far better than a few sons!
Of course, the son in the main room really can’t help on the stage, and Wu Guangyao can only help the son born to her other woman.
However, this kind of thing should not happen, after all, children are still educated and talented, and no one is born!
(End of this chapter)
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Chapter 220 [Current Status of Subsidiary Industries] (Ask a monthly pass!)
Returned to Hong Kong Island and reunited with his family for one night; the next day, Wu Guangyao first came to Uniqlo.
Currently, Uniqlo’s assets mainly include the Shauqiwan Factory, Singdao Factory, 12 stores on Hong Kong Island, and two luxury sub-brands-Armani and Valentino.
As soon as Wu Guangyao entered the office, Fu Hongru came to the office to report.
"Boss, the export quota has been settled. We Uniqlo and the Development Bureau of the Hong Kong Government have reached an agreement to give us the export quota first." Fu Hongru began to say as soon as Wu Guangyao sat down.
The quota mentioned by Fu Hongru is something that only happened this year!
The two production plants of Uniqlo are heavily dependent on the European and American markets, and 70% of their products are exported to Europe and the United States (OEM).
In April this year, Britain and Dongying have successively implemented textile import quotas in order to protect the local textile industry.
Originally, although the United Kingdom and Dongying restricted the textile import quota, they were still sufficient to support the textile manufacturing industry on the small Hong Kong Island.
However, although the British Hong Kong government does not collect taxes, it sells everything, including quotas, which is the right to export.
Suddenly increased the burden on Hong Kong Island’s textile and garment industries, and what is even more terrifying is in the back;
In later generations, the clothing industry on Hong Kong Island has been the largest manufacturing industry on Hong Kong Island for a long time; but in the 21st century, there is no decent leading brand. The main income of the four so-called leading companies comes from the right to sell exports.
Other large and small garment factories, buying quotas, are exhausted, and they have not made much money without Guo Desheng’s agent YKK zippers.
These four leading garment manufacturers rely on speculation in export quotas and stand out among many garment factories. Their bosses are Luo Dingbang, Lin Baixin, Tian Yuanhao, and Fang Zhaozhou.
Wu Guangyao is not a saint and can't control what others do, but with regard to export quotas, Uniqlo must firmly hold its own quota in its hands.
As the first garment factory to deeply cultivate the European and American markets, Uniqlo has too many advantages to get the first-hand quota.
As long as Wu Guangyao is happy, there will be nothing wrong with those four people after that!
But Wu Guangyao doesn't like to change too much history, and doesn't like to **** other people's hearts!
"Well, we must keep our eyes on this quota in the future, and we can't let people grab it, and then we can speculate on the price. The Hong Kong government can really make a fortune. The United Kingdom and Tokyo restrict textile import quotas. There is nothing wrong with Hong Kong Island, after all. The market is so big, and the small Hong Kong Island’s production is enough to sell. Now it’s good, and the Hong Kong government is making money. They make money even if they make money, and they also give others the opportunity to speculate on quotas." Wu Guangyao complained.
Tax rates on Hong Kong Island are indeed low, and the government has little interest in collecting taxes with relatively high costs.
The tax system on Hong Kong Island is simple, with extremely low tax rates and loose control. In the 50 years before the reunification, corporate profits tax was around 16%;
Over the same period, both Dongying and South Korea are above 50%; Singapore and Taiwan Island are around 40%.
This makes Hong Kong Island a tax avoidance and money laundering paradise in Asia.
Taxes account for only 60% of the British Hong Kong government’s fiscal revenue. The other 40% comes from renting and selling land, selling quotas, and controlling public utilities.
So, it is not that the Hong Kong Island Government is kind, but that the Hong Kong Island Government has its own abacus!
"Then, should we buy more to prepare for emergencies, and we can sell the excess to others!" Fu Hongru suggested.
"Not too much. I am the president of the Garment Chamber of Commerce. Don’t take the lead to destroy this ethos. I sell it to others at a fair price, and others think I’m making money."
Then talked about the two luxury customized brands under Uniqlo, both of which are developing well.
Wu Guangyao did not have high requirements for the garment industry, seeking stability in the 1950s and 1960s, seeking development in the 1970s and 1980s, and seeking outbursts after the 1990s.
Lin Youde's textile factory is even simpler. Anyway, relying on PG zippers and Uniqlo's orders, you can make a lot of money without thinking about other things.
Lao Fengxiang Jewelry Headquarters, President's Office.
Wu Guangyao walked around the office casually, observing his new office, and he looked very good.
This is the third time that Lao Fengxiang Jewelry has moved into a new office building, and it is getting bigger every time;
As for the next time, it will definitely be moving into a building built by own Yangtze River Holdings.
A male clerk stood aside, waiting for Wu Guangyao’s instructions. He was an office clerk for Lao Fengxiang Jewelry and occasionally served as Wu Guangyao’s secretary.
Wu Guangyao does not have a full-time secretary in all companies, and office employees play this role.
The layout of the entire office is simple, without too much decoration, and a few pots of plants make people look refreshing.
On the desk is a telephone, and a few books, very much to Wu Guangyao's temper.
"I'm very satisfied with the office layout. You only need to clean and clean every day, and you don't need to buy anything!" Wu Guangyao ordered after visiting his new office.
"Yes, Mr. Wu!"
After the staff quit, Wu Guangyao just sat down, and Rong Bensheng came to the office to report.
Wu Guangyao leaned on the chair, slightly relaxed, and said to Rong Bensheng: "Sit down, I heard that you just came back from Dongying, let me tell you what the situation is!"
Rong Bensheng slowly sat on the sofa, sitting only half of his hips, straightened his waist, and began to report in a serious manner.
"After five months of vigorous publicity in Dongying’s diamond market, the effect has been revealed. Many affluent young couples have slowly begun to accept the idea of diamond wedding rings, and the market has gradually improved. At the same time, we also After encountering some resistance, with our massive advertising bombing, many media in Dongying began to refute us, saying that diamonds, a luxury product, are not suitable for the current Dongying. Dongying is now in need of economic development and should not be arrogant. Excessive extravagance, and even public protests broke out."
Wu Guangyao leaned forward and said sternly: "Then Dongying official has any action?"
"Not yet, but I am afraid that we continue to invest in a large number of advertisements, which may arouse the antipathy of the Dongying official." Rong Bensheng said a little worried.
Wu Guangyao is also a bit headache. Dongying is now being fierce for the economy. Even American products dare to boycott and protest, let alone a diamond jewelry exported from Hong Kong Island.
Fortunately, Lao Fengxiang Jewelry is in the form of diamond jewelry, and cooperates with Dongying local jewelers. Otherwise, he is afraid that he will be driven away by this country with serious national self-esteem.
"The radio advertisements should be removed first. As for the newspaper advertisements, we need more targeted publicity."
"We need to plan a more touching story: find a woman who is more famous in Dongying, but her marriage is unfortunate and abandoned by multiple men. (If not, choose to make it up.)
When we took out the diamond ring, the woman exclaimed: What is it made of, and how is it so beautiful?
We replied: This is a diamond. A diamond has a hard and unchanging quality. It is your next generation, and after the next generation, it will still maintain its beauty and brilliance today!
The woman suddenly said sadly: If a person could have love like diamonds, that would be great! "
"The soul of the diamond is here-a story about eternal love!"
"We are about to find a story motif suitable for the characteristics of the product in this woman-eternal love:
What is a diamond?
Diamonds are hard: among the substances currently found on the earth, the hardest one, nothing can break it;
Diamond is stable: any acid or other drugs will not work on it, and it will not deteriorate over time.
What is the ideal love?
Love should be hard, nothing can break it;
Love should be stable and will not deteriorate due to changes in time.
Diamond=hardness+stability=eternal love=hardness+stability=eternity so: diamond=love=eternity"
Rong Bensheng listened to Wu Guangyao's story planning, his expression was very focused, for fear of missing something.
"Mr. Wu, you are simply a giant in the advertising industry. These propaganda methods will definitely bring our diamond business to the next level!" Rong Bensheng said admiringly.
Wu Guangyao said: “If the advertisement is to continue to promote, then we have to draw someone on to come to our platform to increase the influence of diamonds in Dongying!”
Rong Bensheng made it through at one point, and immediately said: "Are you talking about Ernest, President of De Beers?"
Wu Guangyao nodded, and then said: "Ernest attaches great importance to the cooperation with our Lao Fengxiang Jewelry. Our patent advertisements are free for De Beers use, so it is time for them to contribute. You send out the invitation letter now. , Let Ernest go to Hong Kong Island, and then go to Dongying to promote it together."
After Rong Bensheng left happily, Yuan Jian, who was in charge of finance, and Gundam, who was in charge of the workshop, came to report one by one.
Lao Fengxiang’s current financial situation is that he owes a huge sum of US$500,000 to HSBC and has to spend a lot of advertising expenses. It seems that it will take the second half of 1953 to get rid of this situation.
Fortunately, the gold and silver jewelry business is doing very well, with an annual profit of about 1.8 million Hong Kong dollars, and diamonds have also begun to make a lot of profits.
Queen's Road, Central, Universal Tower.
Wu Guangyao took the financial statements in his hand and carefully checked the accounts of Global Shipping.
Started to build 15 30,000-ton tankers in November last year, and 8 months have passed so far;
Global Shipping has earned a full 17 million U.S. dollars in these 8 months, which can be described as a pretty dazzling performance.
At the same time, second-hand cargo/tankers increased from 420,000 tons to 550,000 tons, and with the 450,000 tons of new ships being built, the global shipping capacity finally reached 1 million tons.
At this time, the Greek ship king Onassis was only about 1.2 million to 1.5 million tons. Of course, Onassis’ fleet was still much newer than Wu Guangyao’s fleet.
The 150,000 new ships of global shipping are worth 80 million U.S. dollars, and the interest is about 95 million U.S. dollars. At present, 15 million U.S. dollars has been repaid, and 80 million U.S. dollars need to be repaid.
After the Korean War ended in July next year, Global Shipping should still make about 26 million US dollars. If you rush to repay the loan, you should be able to pay it off by the end of 1955;
However, Wu Guangyao will not stop his footsteps. His goal is 30 million tons of deadweight, so he will not rush to repay the loan. He needs to buy the ship all the time.
The stream is endless, hard work!
After reading the information, Wu Guangyao said to He Yuanzhang on the sofa: "On the Maritime Academy, you must hurry up. We must stick to the route of elite soldiers. Ships are a tool that can truly satisfy customers. Skilled, qualified seafarers."
"Boss, please rest assured, the people from Global Maritime Academy are no worse than those in Europe and America!" He Yuanzhang said confidently.
Wu Guangyao nodded. From the beginning, the Global Maritime Academy has followed the elite line strictly, so Dongying’s customer satisfaction has always been high.
PG Zipper Headquarters, located in Tsuen Wan Zipper Industrial Park.
Since the acquisition of YKK Zipper, Wu Guangyao's zipper business has flourished. PG Zipper has made a profit of 6 million US dollars from the original year to 15 million US dollars.
The operation of the Tsuen Wan plant and the acquisition of YKK zippers. After these two things are completed at the same time, not only the profit margin is much higher, but the market has also increased a lot.
PG zipper has truly achieved a global layout, and even many remote and poor places have the shadow of PG zipper.
After reading the information in his hand, Wu Guangyao asked: "What is the reaction of the zipper manufacturer in the United States?"
"I haven't received any feedback yet, but I told the people over there to keep staring, and if something goes wrong, we can respond immediately." Li Bing said.
"This approach is right. We have a lot of cards in our hands, but we must not be careless!"
Wu Guangyao has been worried that the United States will impose trade protection on the zipper industry, especially sanctions on the monopoly industry of PG zipper.
If the YKK zipper had not been acquired, Wu Guangyao might have to watch and be sanctioned;
But it’s different now. If the United States sanctions Sing Tao’s YGG zipper, then there will be Dongying YKK zipper to fill the vacancy.
YKK Zipper’s shares are owned by Dongying people but accounting for 42%, and the Kurobe factory is about to operate. By that time, Dongying workers will be 5,000, and the Dongying government must protect it;
The United States now relies heavily on Dongying, and the possibility of sanctions on Dongying's zipper industry is very small. After all, zipper is only a small industry.
Next, Wu Guangyao asked about the progress of nylon zipper production. As early as the second half of 1951, PG zipper announced the successful development of nylon zipper in Europe and became the first company in the world to develop non-metal zipper, which shocked the industry.
Because the process has been improving in the later period to reach the maturity of the process, it has not been introduced to the market.
This year, PG zipper finally decided to start production in August and launch it on the market.
The main customer of nylon zippers is luggage manufacturers. At present, PG Zipper is still studying the invisible zippers of nylon materials. This step is the real development of nylon zippers.
The last stop-Cheung Kong Industrial.
The Lanwan Villa was delivered in March. Cheung Kong did not choose to develop its own reserve land. Instead, it chose to cooperate with a British-owned foreign bank to establish a real estate development project.
This project is located in Yau Ma Tei and covers an area of 150,000 square feet. It will build 100 five-story tenement buildings with a total of 500 units;
The area of each floor of these tenement buildings is about 600 square feet to 800 square feet, and the price is between 12,000 Hong Kong dollars and 16,000 Hong Kong dollars.
At this time, the salary of ordinary male workers on Hong Kong Island is about 45 Hong Kong dollars, and it takes more than 30 years to buy a house (plus interest) without eating or drinking, which is comparable to that of later generations in the Mainland.
So the buyers of these houses may be those who are in small businesses or those with middle-to-high income.
Obviously, it is nowhere for ordinary workers to buy a house!
British-owned foreign banks accounted for 40% of the shares, and all construction and other expenses of Cheung Kong Holdings accounted for 60% of the shares.
British-owned foreign firms naturally dare not develop themselves, after all, Hong Kong Island is still in a state of being blocked by American trade.
But Wu Guangyao is not afraid. Even if the house cannot be sold now, it will definitely be sold by the end of 1953.
Moreover, Cheung Kong must develop new projects, otherwise the workers on Hong Kong Island will have to stop work or even leave. This is the biggest problem.
So if there is no joint development project with British foreign companies, Cheung Kong will have to develop its own land to support these workers.
"The down payment is only 15%, have you negotiated with HSBC?" In order to reduce the pressure on buyers, Wu Guangyao intends to make the down payment again.
"Well, HSBC has agreed, I think it will be your face!" Shi Jun said.
Wu Guangyao nodded. He and HSBC have now become a real cooperative relationship. They have tasted the sweetness, and Wu Guangyao also needs their financial support.
On August 12th, Lin Yueru made new contributions to Wu Guangyao and gave birth to a son named Wu Xianyi.
Looking at the weak Lin Yueru, Wu Guangyao said ‘thank you’.
and said, let Lin Yueru seal her belly temporarily, she will not have any more children in 5 years, after all, it is too harmful to her body.
Lin Yueru heard this, moved to cry, Wu Guangyao quickly calmed it down.
It is enough to have two sons in the main room. As long as Wu Guangyao carefully cultivates, it is far better than a few sons!
Of course, the son in the main room really can’t help on the stage, and Wu Guangyao can only help the son born to her other woman.
However, this kind of thing should not happen, after all, children are still educated and talented, and no one is born!
(End of this chapter)
Chapter 220 Current Status of Subsidiary Industries Ask a monthly pass!Returned to Hong Kong Island and reunited with his family for one night; the next day, Wu Guangyao first came to Uniqlo.Currently, Uniqlo's assets mainly include the Shauqiwan Factory, Singdao Factory, 12 stores on Hong Kong Island, and two luxury sub-brands-Armani and Valentino.As soon as Wu Guangyao entered the office, Fu Hongru came to the office to report."Boss, the export quota has been settled. We Uniqlo and the Development Bureau of the Hong Kong Government have reached an agreement to give us the export quota first." Fu Hongru began to say as soon as Wu Guangyao sat down.The quota mentioned by Fu Hongru is something that only happened this year!The two production plants of Uniqlo are heavily dependent on the European and American markets, and 70% of their products are exported to Europe and the United States OEM.In April this year, Britain and Dongying have successively implemented textile import quotas in order to protect the local textile industry.Originally, although the United Kingdom and Dongying restricted the textile import quota, they were still sufficient to support the textile manufacturing industry on the small Hong Kong Island.However, although the British Hong Kong government does not collect taxes, it sells everything, including quotas, which is the right to export.Suddenly increased the burden on Hong Kong Island's textile and garment industries, and what is even more terrifying is in the back;In later generations, the clothing industry on Hong Kong Island has been the largest manufacturing industry on Hong Kong Island for a long time; but in the 21st century, there is no decent leading brand. The main income of the four so-called leading companies comes from the right to sell exports.Other large and small garment factories, buying quotas, are exhausted, and they have not made much money without Guo Desheng's agent YKK zippers.These four leading garment manufacturers rely on speculation in export quotas and stand out among many garment factories. Their bosses are Luo Dingbang, Lin Baixin, Tian Yuanhao, and Fang Zhaozhou.Wu Guangyao is not a saint and can't control what others do, but with regard to export quotas, Uniqlo must firmly hold its own quota in its hands.As the first garment factory to deeply cultivate the European and American markets, Uniqlo has too many advantages to get the first-hand quota.As long as Wu Guangyao is happy, there will be nothing wrong with those four people after that!But Wu Guangyao doesn't like to change too much history, and doesn't like to **** other people's hearts!"Well, we must keep our eyes on this quota in the future, and we can't let people grab it, and then we can speculate on the price. The Hong Kong government can really make a fortune. The United Kingdom and Tokyo restrict textile import quotas. There is nothing wrong with Hong Kong Island, after all. The market is so big, and the small Hong Kong Island's production is enough to sell. Now it's good, and the Hong Kong government is making money. They make money even if they make money, and they also give others the opportunity to speculate on quotas." Wu Guangyao complained.Tax rates on Hong Kong Island are indeed low, and the government has little interest in collecting taxes with relatively high costs.The tax system on Hong Kong Island is simple, with extremely low tax rates and loose control. In the 50 years before the reunification, corporate profits tax was around 16%;Over the same period, both Dongying and South Korea are above 50%; Singapore and Taiwan Island are around 40%.This makes Hong Kong Island a tax avoidance and money laundering paradise in Asia.Taxes account for only 60% of the British Hong Kong government's fiscal revenue. The other 40% comes from renting and selling land, selling quotas, and controlling public utilities.So, it is not that the Hong Kong Island Government is kind, but that the Hong Kong Island Government has its own abacus!"Then, should we buy more to prepare for emergencies, and we can sell the excess to others!" Fu Hongru suggested."Not too much. I am the president of the Garment Chamber of Commerce. Don't take the lead to destroy this ethos. I sell it to others at a fair price, and others think I'm making money."Then talked about the two luxury customized brands under Uniqlo, both of which are developing well.Wu Guangyao did not have high requirements for the garment industry, seeking stability in the 1950s and 1960s, seeking development in the 1970s and 1980s, and seeking outbursts after the 1990s.Lin Youde's textile factory is even simpler. Anyway, relying on PG zippers and Uniqlo's orders, you can make a lot of money without thinking about other things.Lao Fengxiang Jewelry Headquarters, President's Office.Wu Guangyao walked around the office casually, observing his new office, and he looked very good.This is the third time that Lao Fengxiang Jewelry has moved into a new office building, and it is getting bigger every time;As for the next time, it will definitely be moving into a building built by own Yangtze River Holdings.A male clerk stood aside, waiting for Wu Guangyao's instructions. He was an office clerk for Lao Fengxiang Jewelry and occasionally served as Wu Guangyao's secretary.Wu Guangyao does not have a full-time secretary in all companies, and office employees play this role.The layout of the entire office is simple, without too much decoration, and a few pots of plants make people look refreshing.On the desk is a telephone, and a few books, very much to Wu Guangyao's temper."I'm very satisfied with the office layout. You only need to clean and clean every day, and you don't need to buy anything!" Wu Guangyao ordered after visiting his new office."Yes, Mr. Wu!"After the staff quit, Wu Guangyao just sat down, and Rong Bensheng came to the office to report.Wu Guangyao leaned on the chair, slightly relaxed, and said to Rong Bensheng: "Sit down, I heard that you just came back from Dongying, let me tell you what the situation is!"Rong Bensheng slowly sat on the sofa, sitting only half of his hips, straightened his waist, and began to report in a serious manner."After five months of vigorous publicity in Dongying's diamond market, the effect has been revealed. Many affluent young couples have slowly begun to accept the idea of diamond wedding rings, and the market has gradually improved. At the same time, we also After encountering some resistance, with our massive advertising bombing, many media in Dongying began to refute us, saying that diamonds, a luxury product, are not suitable for the current Dongying. Dongying is now in need of economic development and should not be arrogant. Excessive extravagance, and even public protests broke out."Wu Guangyao leaned forward and said sternly: "Then Dongying official has any action?""Not yet, but I am afraid that we continue to invest in a large number of advertisements, which may arouse the antipathy of the Dongying official." Rong Bensheng said a little worried.Wu Guangyao is also a bit headache. Dongying is now being fierce for the economy. Even American products dare to boycott and protest, let alone a diamond jewelry exported from Hong Kong Island.Fortunately, Lao Fengxiang Jewelry is in the form of diamond jewelry, and cooperates with Dongying local jewelers. Otherwise, he is afraid that he will be driven away by this country with serious national self-esteem."The radio advertisements should be removed first. As for the newspaper advertisements, we need more targeted publicity.""We need to plan a more touching story: find a woman who is more famous in Dongying, but her marriage is unfortunate and abandoned by multiple men. If not, choose to make it up.When we took out the diamond ring, the woman exclaimed: What is it made of, and how is it so beautiful?We replied: This is a diamond. A diamond has a hard and unchanging quality. It is your next generation, and after the next generation, it will still maintain its beauty and brilliance today!The woman suddenly said sadly: If a person could have love like diamonds, that would be great! ""The soul of the diamond is here-a story about eternal love!""We are about to find a story motif suitable for the characteristics of the product in this woman-eternal love:What is a diamond?Diamonds are hard: among the substances currently found on the earth, the hardest one, nothing can break it;Diamond is stable: any acid or other drugs will not work on it, and it will not deteriorate over time.What is the ideal love?Love should be hard, nothing can break it;Love should be stable and will not deteriorate due to changes in time.Diamond=hardness+stability=eternal love=hardness+stability=eternity so: diamond=love=eternity"Rong Bensheng listened to Wu Guangyao's story planning, his expression was very focused, for fear of missing something."Mr. Wu, you are simply a giant in the advertising industry. These propaganda methods will definitely bring our diamond business to the next level!" Rong Bensheng said admiringly.Wu Guangyao said: If the advertisement is to continue to promote, then we have to draw someone on to come to our platform to increase the influence of diamonds in Dongying!Rong Bensheng made it through at one point, and immediately said: "Are you talking about Ernest, President of De Beers?"Wu Guangyao nodded, and then said: "Ernest attaches great importance to the cooperation with our Lao Fengxiang Jewelry. Our patent advertisements are free for De Beers use, so it is time for them to contribute. You send out the invitation letter now. , Let Ernest go to Hong Kong Island, and then go to Dongying to promote it together."After Rong Bensheng left happily, Yuan Jian, who was in charge of finance, and Gundam, who was in charge of the workshop, came to report one by one.Lao Fengxiang's current financial situation is that he owes a huge sum of US$500,000 to HSBC and has to spend a lot of advertising expenses. It seems that it will take the second half of 1953 to get rid of this situation.Fortunately, the gold and silver jewelry business is doing very well, with an annual profit of about 1.8 million Hong Kong dollars, and diamonds have also begun to make a lot of profits.Queen's Road, Central, Universal Tower.Wu Guangyao took the financial statements in his hand and carefully checked the accounts of Global Shipping.Started to build 15 30,000-ton tankers in November last year, and 8 months have passed so far;Global Shipping has earned a full 17 million U.S. dollars in these 8 months, which can be described as a pretty dazzling performance.At the same time, second-hand cargo/tankers increased from 420,000 tons to 550,000 tons, and with the 450,000 tons of new ships being built, the global shipping capacity finally reached 1 million tons.At this time, the Greek ship king Onassis was only about 1.2 million to 1.5 million tons. Of course, Onassis' fleet was still much newer than Wu Guangyao's fleet.The 150,000 new ships of global shipping are worth 80 million U.S. dollars, and the interest is about 95 million U.S. dollars. At present, 15 million U.S. dollars has been repaid, and 80 million U.S. dollars need to be repaid.After the Korean War ended in July next year, Global Shipping should still make about 26 million US dollars. If you rush to repay the loan, you should be able to pay it off by the end of 1955;However, Wu Guangyao will not stop his footsteps. His goal is 30 million tons of deadweight, so he will not rush to repay the loan. He needs to buy the ship all the time.The stream is endless, hard work!After reading the information, Wu Guangyao said to He Yuanzhang on the sofa: "On the Maritime Academy, you must hurry up. We must stick to the route of elite soldiers. Ships are a tool that can truly satisfy customers. Skilled, qualified seafarers.""Boss, please rest assured, the people from Global Maritime Academy are no worse than those in Europe and America!" He Yuanzhang said confidently.Wu Guangyao nodded. From the beginning, the Global Maritime Academy has followed the elite line strictly, so Dongying's customer satisfaction has always been high.PG Zipper Headquarters, located in Tsuen Wan Zipper Industrial Park.Since the acquisition of YKK Zipper, Wu Guangyao's zipper business has flourished. PG Zipper has made a profit of 6 million US dollars from the original year to 15 million US dollars.The operation of the Tsuen Wan plant and the acquisition of YKK zippers. After these two things are completed at the same time, not only the profit margin is much higher, but the market has also increased a lot.PG zipper has truly achieved a global layout, and even many remote and poor places have the shadow of PG zipper.After reading the information in his hand, Wu Guangyao asked: "What is the reaction of the zipper manufacturer in the United States?""I haven't received any feedback yet, but I told the people over there to keep staring, and if something goes wrong, we can respond immediately." Li Bing said."This approach is right. We have a lot of cards in our hands, but we must not be careless!"Wu Guangyao has been worried that the United States will impose trade protection on the zipper industry, especially sanctions on the monopoly industry of PG zipper.If the YKK zipper had not been acquired, Wu Guangyao might have to watch and be sanctioned;But it's different now. If the United States sanctions Sing Tao's YGG zipper, then there will be Dongying YKK zipper to fill the vacancy.YKK Zipper's shares are owned by Dongying people but accounting for 42%, and the Kurobe factory is about to operate. By that time, Dongying workers will be 5,000, and the Dongying government must protect it;The United States now relies heavily on Dongying, and the possibility of sanctions on Dongying's zipper industry is very small. After all, zipper is only a small industry.Next, Wu Guangyao asked about the progress of nylon zipper production. As early as the second half of 1951, PG zipper announced the successful development of nylon zipper in Europe and became the first company in the world to develop non-metal zipper, which shocked the industry.Because the process has been improving in the later period to reach the maturity of the process, it has not been introduced to the market.This year, PG zipper finally decided to start production in August and launch it on the market.The main customer of nylon zippers is luggage manufacturers. At present, PG Zipper is still studying the invisible zippers of nylon materials. This step is the real development of nylon zippers.The last stop-Cheung Kong Industrial.The Lanwan Villa was delivered in March. Cheung Kong did not choose to develop its own reserve land. Instead, it chose to cooperate with a British-owned foreign bank to establish a real estate development project.This project is located in Yau Ma Tei and covers an area of 150,000 square feet. It will build 100 five-story tenement buildings with a total of 500 units;The area of each floor of these tenement buildings is about 600 square feet to 800 square feet, and the price is between 12,000 Hong Kong dollars and 16,000 Hong Kong dollars.At this time, the salary of ordinary male workers on Hong Kong Island is about 45 Hong Kong dollars, and it takes more than 30 years to buy a house plus interest without eating or drinking, which is comparable to that of later generations in the Mainland.So the buyers of these houses may be those who are in small businesses or those with middle-to-high income.Obviously, it is nowhere for ordinary workers to buy a house!British-owned foreign banks accounted for 40% of the shares, and all construction and other expenses of Cheung Kong Holdings accounted for 60% of the shares.British-owned foreign firms naturally dare not develop themselves, after all, Hong Kong Island is still in a state of being blocked by American trade.But Wu Guangyao is not afraid. Even if the house cannot be sold now, it will definitely be sold by the end of 1953.Moreover, Cheung Kong must develop new projects, otherwise the workers on Hong Kong Island will have to stop work or even leave. This is the biggest problem.So if there is no joint development project with British foreign companies, Cheung Kong will have to develop its own land to support these workers."The down payment is only 15%, have you negotiated with HSBC?" In order to reduce the pressure on buyers, Wu Guangyao intends to make the down payment again."Well, HSBC has agreed, I think it will be your face!" Shi Jun said.Wu Guangyao nodded. He and HSBC have now become a real cooperative relationship. They have tasted the sweetness, and Wu Guangyao also needs their financial support.On August 12th, Lin Yueru made new contributions to Wu Guangyao and gave birth to a son named Wu Xianyi.Looking at the weak Lin Yueru, Wu Guangyao said thank you'.and said, let Lin Yueru seal her belly temporarily, she will not have any more children in 5 years, after all, it is too harmful to her body.Lin Yueru heard this, moved to cry, Wu Guangyao quickly calmed it down.It is enough to have two sons in the main room. As long as Wu Guangyao carefully cultivates, it is far better than a few sons!Of course, the son in the main room really can't help on the stage, and Wu Guangyao can only help the son born to her other woman.However, this kind of thing should not happen, after all, children are still educated and talented, and no one is born!End of this chapter
