Chapter 256: No. 256【Annual Summary Report 2】
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Chapter 256 Chapter 256 [Annual Summary Report 2]
PG Zipper Group handed over a full score in 1955. The annual revenue reached 120 million U.S. dollars and the net profit was 32 million U.S. dollars. Of course, this includes Dongying YKK Zipper, Sing Tao YGG Zipper, Yaoshi Industrial and other subsidiaries. finance.
Last year, PG Zipper Group had a market share of 50% in the United States, 45% in Europe, 80% in Dongying, and 40% in the world as a whole.
In addition to the achievements on the zipper, Yaoshi Industry has also developed in the past few years.
The first phase of the aluminum alloy smelter in Tseung Kwan O is about to be completed, and the annual output value of aluminum alloy can reach 200,000 tons. The second and third phases of the project are also being planned. By the 1960s, the output value of aluminum alloy in Tseung Kwan O is 600,000 tons. A supporting facility-a power station was also built.
In addition to the two phases of the Shaunqiwan project, Yaoshi Industry will reach 800,000 tons of aluminum alloy output in the 1960s.
Not only can provide aluminum alloy materials for zipper factories, but also produce aluminum alloy doors and windows, and export aluminum alloy materials abroad.
At the same time, Yaoshi Industry has been able to produce some small machinery, and it has begun to slowly develop into the manufacturing industry.
The annual meeting of PG Zipper Group was held in Tsuen Wan Industrial Park. High-level people from all over the world gathered together.
Wu Guangyao looked at the nearly 50 senior managers below and made an annual summary.
"PG zipper set a new high last year. This is the result of everyone’s joint efforts. However, we must always be vigilant and strive for the quality of our products. There is one more question. Did you find out? That is that rich countries are beginning to Economic competition is becoming more and more serious. So, will it affect our zipper industry? This is for sure, so building factories overseas is our only choice; to build, we must investigate and prepare this year, and we cannot wait for other people’s sanctions Here, let's make preparations, it will lose a lot!" Wu Guangyao said.
Building factories overseas will increase the production cost of zippers, but in the past few years, PG zippers abroad have not only gained the word cheap, but also gained the impression of firmness and good quality.
It is precisely this solidity and quality that is Wu Guangyao's most fancy part!
In other words, in the future, PG zippers and YKK zippers will no longer compete with low prices, but with solidity and quality.
After all, cheap labor is available in Southeast Asian countries, and now there are zipper factories in Southeast Asia!
Wu Guangyao wants to tell them with a fact that when we play cheap, you don’t know where it is. Now we want to play quality!
Overseas factories will also be built in countries where the investment environment is good and workers’ wages are low; for example, in Europe, they will choose Italy; in the Americas, they will choose Brazil and Mexico; as well as New Zealand in Oceania, they are all very good. choose.
After hearing the interpreter next to him, Tadao Yoshida quickly said: “It is indeed necessary to build factories overseas, and YKK zippers can be given priority!”
Li Bing heard it, and quickly said, “PG Zipper has a sufficient talent pool and can be pulled out to work at any time!”
Naturally, Wu Guangyao hopes that all Hong Kong Island PG zippers will go overseas to build factories, but this will not only offend Yoshida Tadao and Ito Hiroshi, but will also leave some hidden dangers. When sanctions come, there will be no more successors.
"Half and half! I'll discuss the details later." Wu Guangyao said on the spot, Wu Guangyao still values the Dongying YKK zipper, and the reason is naturally the egg philosophy.
Global Building, Wu Guangyao, Sang Dashi and He Yuanzhang are chatting in the office.
"I plan to let Global Shipping no longer buy second-hand ships, and all will be replaced by new ships later!"
After listening to Wu Guangyao's words, both Sundashi and He Yuanzhang were taken aback. Didn't Global Shipping start from second-hand ships? Why don't you look down on second-hand ships!
Wu Guangyao looked at the two men’s puzzled expressions and explained: “Dongying’s shipbuilding industry has matured. The price is only 80% of Europe’s and Europe’s, and technically it’s not inferior to Europe and the United States. So I plan to build all new ships in Dongying. At present, our second-hand The ship has reached 1.5 million tons, it can’t be more, and these ships will be eliminated within 6 to 8 years.”
In addition to 1.5 million tons of second-hand ships, Global Shipping also has 800,000 tons of new ships (all oil tankers) that have been delivered, and six 50,000-ton tankers (Toyo Manufacturing) under construction.
"You didn't give a specific reason?" Sundars said more truthfully, of course this is his duty.
"The reason is my prediction: Europe and the United States will usher in a period of economic outbreak in the 1960s, so the oil needed is huge, I want to transfer most of the business to Europe and the United States. Then the second-hand ships are obviously a bit too much, after all, we The opponents in Europe and the United States are mostly new ships, and we must maintain a certain degree of oil tanker competitiveness." Wu Guangyao casually said a reason. In fact, Wu Guangyao knows that Global Shipping will soon make a fortune. Why don't you change yourself to new equipment!
Taking advantage of the closure of the Suez Canal, the freight rate has soared several times, and Global Shipping can make a lot of money. Then Global Shipping will directly build all new ships in the future, wouldn't it be right!
The old ship is replaced with a new one, but it belongs to the 1.0 version of Global Shipping;
The small boat is changed to the big one, which belongs to the 2.0 version of Global Shipping;
Shrinking ship landing, belongs to the 3.0 version of Global Shipping.
It’s not difficult to understand how old ships are exchanged for new ships. It means that global shipping needs to transition to all new ships;
The replacement of small boats with large ships began in the mid-1960s. Oil tankers of 200,000 tons were already very common. At that time, Global Shipping would naturally choose such 200,000 tons of oil tankers. Buying 50 ships would have a carrying capacity of 10 million tons.
The ship reduction and landing was naturally the end of the 1970s. Wu Guangyao estimated that at that time the global shipping capacity would reach nearly 30 million tons, which is stronger than that of a country in Russia; however, it will be loaded before the arrival of the 1980s. The weight is reduced to about 8 million tons.
Sundus listened and nodded. Regarding shipping, Sandus believed that he was not as good as Wu Guangyao's.
The reason for asking in the end is just the normal behavior of shareholders.
"In March and April this year, those cargo/tankers with long-term lease contracts will expire. What is Mr. Wu planning?" He Yuanzhang asked.
Wu Guangyao did not answer this question, but instead asked: "If you decide, what kind of contract would you sign?"
He Yuanzhang said without hesitation: "My reason is that the shipping price has stabilized for the short-term contract. The short-term contract is obviously more effective; and this batch of ships has been surpassed by Dongying people in the three-year long-term contract. It’s time to take care of yourself if you use it under load."
He Yuanzhang’s words are just like Wu Guangyao's, so there is no need to explain!
"According to what you said, after all ships expire, no longer-term contracts will be signed. After the long-term contracts of these ships expire, a major overhaul and maintenance will be required." Wu Guangyao followed He Yuanzhang's words.
Next, Wu Guangyao brought the topic to the container port.
As a traveler, he knows that Li Chaoren has 52 container terminals in later generations, and these terminals are published in 28 countries.
These container terminals are like a money printing machine, continuously bringing countless wealth to the Li family.
The terminal is like collecting rent from a property, it belongs to lying down and making money.
Of course, Wu Guangyao in this world will definitely be better than Li Cucumber!
In later generations, Kwai Chung Container Terminal is the fourth largest container port in the world by throughput; Kwai Chung has a total of nine container terminals, Li Chaoren only has one container terminal, and it is still operated in cooperation with COSCO.
In this life, Wu Guangyao already owns three container terminals in Kwai Chung, which is a huge fortune.
There is also the Port of Tokyo, which has always been the port with the largest throughput of Dongying in later generations, and Wu Guangyao also has a container terminal.
Of course, Wu Guangyao will continue to increase, surpassing Li Chaoren’s 52 container terminals, or at least 99 container terminals.
"Sing Tao has always been a strategic location. The future of the port there is even better than that of Hong Kong Island. So Global Shipping has another task to invest in container terminals in Sing Tao. It just so happens that Governor Sing Tao is our old acquaintance, I believe Can get a certain amount of support." Wu Guangyao's Sing Tao Governor is called Bai Liji, and he was the Assistant Secretary of Hong Kong Island from 1952 to 1955. Wu Guangyao has also dealt with him.
Of course, HSBC has the best relationship with him, so HSBC has to play a major role in this matter. After all, they are also shareholders of Global Shipping.
Sundus took the initiative to say: "Well, our Taipan and Governor Bo have a great relationship. I don't think there is any problem. It is just that the investment in the container terminal is huge and the cost recovery is slow. Shouldn't it be released first and mainly develop shipping."
"As you know, container terminals have been successful on Hong Kong Island and Tokyo, and the United States has also begun container shipping. This shows that this is a trend. If we are one step late, the price we will pay in the future will be much higher. So, Star The container terminal on the island must be won this year; in the future, the shipping route from Star Island to the United States will save a lot of costs by using container shipping."
Sundus compromised again because he believed in Wu Guangyao!
It is not so much that HSBC Bank invested in global shipping, it is better to say that HSBC Bank invested in Wu Guangyao!
Basically, all of Wu Guangyao’s properties need loans, and HSBC will agree to it!
Because HSBC has tasted too much sweetness, it has left the other two major banks aside in recent years.
Today, land prices on Hong Kong Island, based on official land sales prices, have risen nearly 10 times compared with the low in 1949.
The average residential land has reached 50 Hong Kong dollars per square foot, and the hotel land is as high as 500 Hong Kong dollars per square foot (taken from Hong Kong Real Estate 100 Years).
With such a high land price, naturally no real estate developer dares to develop a large residential area like Cheung Kong, none of them;
Even if it is a British-owned foreign company, they have a lot of land, and they dare not develop it on a large scale.
After all, according to history, it was not until the 1960s that US-funded Mobil Corporation developed the first large-scale residential complex on Hong Kong Island.
So, except for Cheung Kong's daring to develop large-scale real estate, or even large-scale commercial entities, the rest of the real estate developers are all small things.
Their scale is less than ten buildings, and the area is only tens of thousands of square feet, which is far from the 100,000 square feet of Cheung Kong!
The investment environment on Hong Kong Island is relatively affected by external influences, so British capital does not dare to make a desperate bet;
The Chinese businessmen simply do not have enough funds to buy 100,000 square feet of land.
For example, Huo Yingdong made almost one or two million dollars in the mainland a few years ago, but when he developed real estate, the land price was already 35 Hong Kong dollars per square foot, and a 150,000 square foot land would cost 5.25 million Hong Kong dollars. It will cost 1.5 million Hong Kong dollars to start this project. Even if Fok Yingdong has the money, he would not dare to develop it like this, so it is better to develop tens of thousands of square feet of land.
So, when Cheung Kong Industrial developed two large residential complexes, everyone looked envy and jealousy.
What they don’t know is that in 1956, Cheung Kong will develop two large-scale residential communities, and they don’t know what to think about then!
(End of this chapter)
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Chapter 256 Chapter 256 [Annual Summary Report 2]
PG Zipper Group handed over a full score in 1955. The annual revenue reached 120 million U.S. dollars and the net profit was 32 million U.S. dollars. Of course, this includes Dongying YKK Zipper, Sing Tao YGG Zipper, Yaoshi Industrial and other subsidiaries. finance.
Last year, PG Zipper Group had a market share of 50% in the United States, 45% in Europe, 80% in Dongying, and 40% in the world as a whole.
In addition to the achievements on the zipper, Yaoshi Industry has also developed in the past few years.
The first phase of the aluminum alloy smelter in Tseung Kwan O is about to be completed, and the annual output value of aluminum alloy can reach 200,000 tons. The second and third phases of the project are also being planned. By the 1960s, the output value of aluminum alloy in Tseung Kwan O is 600,000 tons. A supporting facility-a power station was also built.
In addition to the two phases of the Shaunqiwan project, Yaoshi Industry will reach 800,000 tons of aluminum alloy output in the 1960s.
Not only can provide aluminum alloy materials for zipper factories, but also produce aluminum alloy doors and windows, and export aluminum alloy materials abroad.
At the same time, Yaoshi Industry has been able to produce some small machinery, and it has begun to slowly develop into the manufacturing industry.
The annual meeting of PG Zipper Group was held in Tsuen Wan Industrial Park. High-level people from all over the world gathered together.
Wu Guangyao looked at the nearly 50 senior managers below and made an annual summary.
"PG zipper set a new high last year. This is the result of everyone’s joint efforts. However, we must always be vigilant and strive for the quality of our products. There is one more question. Did you find out? That is that rich countries are beginning to Economic competition is becoming more and more serious. So, will it affect our zipper industry? This is for sure, so building factories overseas is our only choice; to build, we must investigate and prepare this year, and we cannot wait for other people’s sanctions Here, let's make preparations, it will lose a lot!" Wu Guangyao said.
Building factories overseas will increase the production cost of zippers, but in the past few years, PG zippers abroad have not only gained the word cheap, but also gained the impression of firmness and good quality.
It is precisely this solidity and quality that is Wu Guangyao's most fancy part!
In other words, in the future, PG zippers and YKK zippers will no longer compete with low prices, but with solidity and quality.
After all, cheap labor is available in Southeast Asian countries, and now there are zipper factories in Southeast Asia!
Wu Guangyao wants to tell them with a fact that when we play cheap, you don’t know where it is. Now we want to play quality!
Overseas factories will also be built in countries where the investment environment is good and workers’ wages are low; for example, in Europe, they will choose Italy; in the Americas, they will choose Brazil and Mexico; as well as New Zealand in Oceania, they are all very good. choose.
After hearing the interpreter next to him, Tadao Yoshida quickly said: “It is indeed necessary to build factories overseas, and YKK zippers can be given priority!”
Li Bing heard it, and quickly said, “PG Zipper has a sufficient talent pool and can be pulled out to work at any time!”
Naturally, Wu Guangyao hopes that all Hong Kong Island PG zippers will go overseas to build factories, but this will not only offend Yoshida Tadao and Ito Hiroshi, but will also leave some hidden dangers. When sanctions come, there will be no more successors.
"Half and half! I'll discuss the details later." Wu Guangyao said on the spot, Wu Guangyao still values the Dongying YKK zipper, and the reason is naturally the egg philosophy.
Global Building, Wu Guangyao, Sang Dashi and He Yuanzhang are chatting in the office.
"I plan to let Global Shipping no longer buy second-hand ships, and all will be replaced by new ships later!"
After listening to Wu Guangyao's words, both Sundashi and He Yuanzhang were taken aback. Didn't Global Shipping start from second-hand ships? Why don't you look down on second-hand ships!
Wu Guangyao looked at the two men’s puzzled expressions and explained: “Dongying’s shipbuilding industry has matured. The price is only 80% of Europe’s and Europe’s, and technically it’s not inferior to Europe and the United States. So I plan to build all new ships in Dongying. At present, our second-hand The ship has reached 1.5 million tons, it can’t be more, and these ships will be eliminated within 6 to 8 years.”
In addition to 1.5 million tons of second-hand ships, Global Shipping also has 800,000 tons of new ships (all oil tankers) that have been delivered, and six 50,000-ton tankers (Toyo Manufacturing) under construction.
"You didn't give a specific reason?" Sundars said more truthfully, of course this is his duty.
"The reason is my prediction: Europe and the United States will usher in a period of economic outbreak in the 1960s, so the oil needed is huge, I want to transfer most of the business to Europe and the United States. Then the second-hand ships are obviously a bit too much, after all, we The opponents in Europe and the United States are mostly new ships, and we must maintain a certain degree of oil tanker competitiveness." Wu Guangyao casually said a reason. In fact, Wu Guangyao knows that Global Shipping will soon make a fortune. Why don't you change yourself to new equipment!
Taking advantage of the closure of the Suez Canal, the freight rate has soared several times, and Global Shipping can make a lot of money. Then Global Shipping will directly build all new ships in the future, wouldn't it be right!
The old ship is replaced with a new one, but it belongs to the 1.0 version of Global Shipping;
The small boat is changed to the big one, which belongs to the 2.0 version of Global Shipping;
Shrinking ship landing, belongs to the 3.0 version of Global Shipping.
It’s not difficult to understand how old ships are exchanged for new ships. It means that global shipping needs to transition to all new ships;
The replacement of small boats with large ships began in the mid-1960s. Oil tankers of 200,000 tons were already very common. At that time, Global Shipping would naturally choose such 200,000 tons of oil tankers. Buying 50 ships would have a carrying capacity of 10 million tons.
The ship reduction and landing was naturally the end of the 1970s. Wu Guangyao estimated that at that time the global shipping capacity would reach nearly 30 million tons, which is stronger than that of a country in Russia; however, it will be loaded before the arrival of the 1980s. The weight is reduced to about 8 million tons.
Sundus listened and nodded. Regarding shipping, Sandus believed that he was not as good as Wu Guangyao's.
The reason for asking in the end is just the normal behavior of shareholders.
"In March and April this year, those cargo/tankers with long-term lease contracts will expire. What is Mr. Wu planning?" He Yuanzhang asked.
Wu Guangyao did not answer this question, but instead asked: "If you decide, what kind of contract would you sign?"
He Yuanzhang said without hesitation: "My reason is that the shipping price has stabilized for the short-term contract. The short-term contract is obviously more effective; and this batch of ships has been surpassed by Dongying people in the three-year long-term contract. It’s time to take care of yourself if you use it under load."
He Yuanzhang’s words are just like Wu Guangyao's, so there is no need to explain!
"According to what you said, after all ships expire, no longer-term contracts will be signed. After the long-term contracts of these ships expire, a major overhaul and maintenance will be required." Wu Guangyao followed He Yuanzhang's words.
Next, Wu Guangyao brought the topic to the container port.
As a traveler, he knows that Li Chaoren has 52 container terminals in later generations, and these terminals are published in 28 countries.
These container terminals are like a money printing machine, continuously bringing countless wealth to the Li family.
The terminal is like collecting rent from a property, it belongs to lying down and making money.
Of course, Wu Guangyao in this world will definitely be better than Li Cucumber!
In later generations, Kwai Chung Container Terminal is the fourth largest container port in the world by throughput; Kwai Chung has a total of nine container terminals, Li Chaoren only has one container terminal, and it is still operated in cooperation with COSCO.
In this life, Wu Guangyao already owns three container terminals in Kwai Chung, which is a huge fortune.
There is also the Port of Tokyo, which has always been the port with the largest throughput of Dongying in later generations, and Wu Guangyao also has a container terminal.
Of course, Wu Guangyao will continue to increase, surpassing Li Chaoren’s 52 container terminals, or at least 99 container terminals.
"Sing Tao has always been a strategic location. The future of the port there is even better than that of Hong Kong Island. So Global Shipping has another task to invest in container terminals in Sing Tao. It just so happens that Governor Sing Tao is our old acquaintance, I believe Can get a certain amount of support." Wu Guangyao's Sing Tao Governor is called Bai Liji, and he was the Assistant Secretary of Hong Kong Island from 1952 to 1955. Wu Guangyao has also dealt with him.
Of course, HSBC has the best relationship with him, so HSBC has to play a major role in this matter. After all, they are also shareholders of Global Shipping.
Sundus took the initiative to say: "Well, our Taipan and Governor Bo have a great relationship. I don't think there is any problem. It is just that the investment in the container terminal is huge and the cost recovery is slow. Shouldn't it be released first and mainly develop shipping."
"As you know, container terminals have been successful on Hong Kong Island and Tokyo, and the United States has also begun container shipping. This shows that this is a trend. If we are one step late, the price we will pay in the future will be much higher. So, Star The container terminal on the island must be won this year; in the future, the shipping route from Star Island to the United States will save a lot of costs by using container shipping."
Sundus compromised again because he believed in Wu Guangyao!
It is not so much that HSBC Bank invested in global shipping, it is better to say that HSBC Bank invested in Wu Guangyao!
Basically, all of Wu Guangyao’s properties need loans, and HSBC will agree to it!
Because HSBC has tasted too much sweetness, it has left the other two major banks aside in recent years.
Today, land prices on Hong Kong Island, based on official land sales prices, have risen nearly 10 times compared with the low in 1949.
The average residential land has reached 50 Hong Kong dollars per square foot, and the hotel land is as high as 500 Hong Kong dollars per square foot (taken from Hong Kong Real Estate 100 Years).
With such a high land price, naturally no real estate developer dares to develop a large residential area like Cheung Kong, none of them;
Even if it is a British-owned foreign company, they have a lot of land, and they dare not develop it on a large scale.
After all, according to history, it was not until the 1960s that US-funded Mobil Corporation developed the first large-scale residential complex on Hong Kong Island.
So, except for Cheung Kong's daring to develop large-scale real estate, or even large-scale commercial entities, the rest of the real estate developers are all small things.
Their scale is less than ten buildings, and the area is only tens of thousands of square feet, which is far from the 100,000 square feet of Cheung Kong!
The investment environment on Hong Kong Island is relatively affected by external influences, so British capital does not dare to make a desperate bet;
The Chinese businessmen simply do not have enough funds to buy 100,000 square feet of land.
For example, Huo Yingdong made almost one or two million dollars in the mainland a few years ago, but when he developed real estate, the land price was already 35 Hong Kong dollars per square foot, and a 150,000 square foot land would cost 5.25 million Hong Kong dollars. It will cost 1.5 million Hong Kong dollars to start this project. Even if Fok Yingdong has the money, he would not dare to develop it like this, so it is better to develop tens of thousands of square feet of land.
So, when Cheung Kong Industrial developed two large residential complexes, everyone looked envy and jealousy.
What they don’t know is that in 1956, Cheung Kong will develop two large-scale residential communities, and they don’t know what to think about then!
(End of this chapter)
Chapter 256 Chapter 256 Annual Summary Report 2PG Zipper Group handed over a full score in 1955. The annual revenue reached 120 million U.S. dollars and the net profit was 32 million U.S. dollars. Of course, this includes Dongying YKK Zipper, Sing Tao YGG Zipper, Yaoshi Industrial and other subsidiaries. finance.Last year, PG Zipper Group had a market share of 50% in the United States, 45% in Europe, 80% in Dongying, and 40% in the world as a whole.In addition to the achievements on the zipper, Yaoshi Industry has also developed in the past few years.The first phase of the aluminum alloy smelter in Tseung Kwan O is about to be completed, and the annual output value of aluminum alloy can reach 200,000 tons. The second and third phases of the project are also being planned. By the 1960s, the output value of aluminum alloy in Tseung Kwan O is 600,000 tons. A supporting facility-a power station was also built.In addition to the two phases of the Shaunqiwan project, Yaoshi Industry will reach 800,000 tons of aluminum alloy output in the 1960s.Not only can provide aluminum alloy materials for zipper factories, but also produce aluminum alloy doors and windows, and export aluminum alloy materials abroad.At the same time, Yaoshi Industry has been able to produce some small machinery, and it has begun to slowly develop into the manufacturing industry.The annual meeting of PG Zipper Group was held in Tsuen Wan Industrial Park. High-level people from all over the world gathered together.Wu Guangyao looked at the nearly 50 senior managers below and made an annual summary."PG zipper set a new high last year. This is the result of everyone's joint efforts. However, we must always be vigilant and strive for the quality of our products. There is one more question. Did you find out? That is that rich countries are beginning to Economic competition is becoming more and more serious. So, will it affect our zipper industry? This is for sure, so building factories overseas is our only choice; to build, we must investigate and prepare this year, and we cannot wait for other people's sanctions Here, let's make preparations, it will lose a lot!" Wu Guangyao said.Building factories overseas will increase the production cost of zippers, but in the past few years, PG zippers abroad have not only gained the word cheap, but also gained the impression of firmness and good quality.It is precisely this solidity and quality that is Wu Guangyao's most fancy part!In other words, in the future, PG zippers and YKK zippers will no longer compete with low prices, but with solidity and quality.After all, cheap labor is available in Southeast Asian countries, and now there are zipper factories in Southeast Asia!Wu Guangyao wants to tell them with a fact that when we play cheap, you don't know where it is. Now we want to play quality!Overseas factories will also be built in countries where the investment environment is good and workers' wages are low; for example, in Europe, they will choose Italy; in the Americas, they will choose Brazil and Mexico; as well as New Zealand in Oceania, they are all very good. choose.After hearing the interpreter next to him, Tadao Yoshida quickly said: It is indeed necessary to build factories overseas, and YKK zippers can be given priority!Li Bing heard it, and quickly said, PG Zipper has a sufficient talent pool and can be pulled out to work at any time!Naturally, Wu Guangyao hopes that all Hong Kong Island PG zippers will go overseas to build factories, but this will not only offend Yoshida Tadao and Ito Hiroshi, but will also leave some hidden dangers. When sanctions come, there will be no more successors."Half and half! I'll discuss the details later." Wu Guangyao said on the spot, Wu Guangyao still values the Dongying YKK zipper, and the reason is naturally the egg philosophy.Global Building, Wu Guangyao, Sang Dashi and He Yuanzhang are chatting in the office."I plan to let Global Shipping no longer buy second-hand ships, and all will be replaced by new ships later!"After listening to Wu Guangyao's words, both Sundashi and He Yuanzhang were taken aback. Didn't Global Shipping start from second-hand ships? Why don't you look down on second-hand ships!Wu Guangyao looked at the two men's puzzled expressions and explained: Dongying's shipbuilding industry has matured. The price is only 80% of Europe's and Europe's, and technically it's not inferior to Europe and the United States. So I plan to build all new ships in Dongying. At present, our second-hand The ship has reached 1.5 million tons, it can't be more, and these ships will be eliminated within 6 to 8 years.In addition to 1.5 million tons of second-hand ships, Global Shipping also has 800,000 tons of new ships all oil tankers that have been delivered, and six 50,000-ton tankers Toyo Manufacturing under construction."You didn't give a specific reason?" Sundars said more truthfully, of course this is his duty."The reason is my prediction: Europe and the United States will usher in a period of economic outbreak in the 1960s, so the oil needed is huge, I want to transfer most of the business to Europe and the United States. Then the second-hand ships are obviously a bit too much, after all, we The opponents in Europe and the United States are mostly new ships, and we must maintain a certain degree of oil tanker competitiveness." Wu Guangyao casually said a reason. In fact, Wu Guangyao knows that Global Shipping will soon make a fortune. Why don't you change yourself to new equipment!Taking advantage of the closure of the Suez Canal, the freight rate has soared several times, and Global Shipping can make a lot of money. Then Global Shipping will directly build all new ships in the future, wouldn't it be right!The old ship is replaced with a new one, but it belongs to the 1.0 version of Global Shipping;The small boat is changed to the big one, which belongs to the 2.0 version of Global Shipping;Shrinking ship landing, belongs to the 3.0 version of Global Shipping.It's not difficult to understand how old ships are exchanged for new ships. It means that global shipping needs to transition to all new ships;The replacement of small boats with large ships began in the mid-1960s. Oil tankers of 200,000 tons were already very common. At that time, Global Shipping would naturally choose such 200,000 tons of oil tankers. Buying 50 ships would have a carrying capacity of 10 million tons.The ship reduction and landing was naturally the end of the 1970s. Wu Guangyao estimated that at that time the global shipping capacity would reach nearly 30 million tons, which is stronger than that of a country in Russia; however, it will be loaded before the arrival of the 1980s. The weight is reduced to about 8 million tons.Sundus listened and nodded. Regarding shipping, Sandus believed that he was not as good as Wu Guangyao's.The reason for asking in the end is just the normal behavior of shareholders."In March and April this year, those cargo/tankers with long-term lease contracts will expire. What is Mr. Wu planning?" He Yuanzhang asked.Wu Guangyao did not answer this question, but instead asked: "If you decide, what kind of contract would you sign?"He Yuanzhang said without hesitation: "My reason is that the shipping price has stabilized for the short-term contract. The short-term contract is obviously more effective; and this batch of ships has been surpassed by Dongying people in the three-year long-term contract. It's time to take care of yourself if you use it under load."He Yuanzhang's words are just like Wu Guangyao's, so there is no need to explain!"According to what you said, after all ships expire, no longer-term contracts will be signed. After the long-term contracts of these ships expire, a major overhaul and maintenance will be required." Wu Guangyao followed He Yuanzhang's words.Next, Wu Guangyao brought the topic to the container port.As a traveler, he knows that Li Chaoren has 52 container terminals in later generations, and these terminals are published in 28 countries.These container terminals are like a money printing machine, continuously bringing countless wealth to the Li family.The terminal is like collecting rent from a property, it belongs to lying down and making money.Of course, Wu Guangyao in this world will definitely be better than Li Cucumber!In later generations, Kwai Chung Container Terminal is the fourth largest container port in the world by throughput; Kwai Chung has a total of nine container terminals, Li Chaoren only has one container terminal, and it is still operated in cooperation with COSCO.In this life, Wu Guangyao already owns three container terminals in Kwai Chung, which is a huge fortune.There is also the Port of Tokyo, which has always been the port with the largest throughput of Dongying in later generations, and Wu Guangyao also has a container terminal.Of course, Wu Guangyao will continue to increase, surpassing Li Chaoren's 52 container terminals, or at least 99 container terminals."Sing Tao has always been a strategic location. The future of the port there is even better than that of Hong Kong Island. So Global Shipping has another task to invest in container terminals in Sing Tao. It just so happens that Governor Sing Tao is our old acquaintance, I believe Can get a certain amount of support." Wu Guangyao's Sing Tao Governor is called Bai Liji, and he was the Assistant Secretary of Hong Kong Island from 1952 to 1955. Wu Guangyao has also dealt with him.Of course, HSBC has the best relationship with him, so HSBC has to play a major role in this matter. After all, they are also shareholders of Global Shipping.Sundus took the initiative to say: "Well, our Taipan and Governor Bo have a great relationship. I don't think there is any problem. It is just that the investment in the container terminal is huge and the cost recovery is slow. Shouldn't it be released first and mainly develop shipping.""As you know, container terminals have been successful on Hong Kong Island and Tokyo, and the United States has also begun container shipping. This shows that this is a trend. If we are one step late, the price we will pay in the future will be much higher. So, Star The container terminal on the island must be won this year; in the future, the shipping route from Star Island to the United States will save a lot of costs by using container shipping."Sundus compromised again because he believed in Wu Guangyao!It is not so much that HSBC Bank invested in global shipping, it is better to say that HSBC Bank invested in Wu Guangyao!Basically, all of Wu Guangyao's properties need loans, and HSBC will agree to it!Because HSBC has tasted too much sweetness, it has left the other two major banks aside in recent years.Today, land prices on Hong Kong Island, based on official land sales prices, have risen nearly 10 times compared with the low in 1949.The average residential land has reached 50 Hong Kong dollars per square foot, and the hotel land is as high as 500 Hong Kong dollars per square foot taken from Hong Kong Real Estate 100 Years.With such a high land price, naturally no real estate developer dares to develop a large residential area like Cheung Kong, none of them;Even if it is a British-owned foreign company, they have a lot of land, and they dare not develop it on a large scale.After all, according to history, it was not until the 1960s that US-funded Mobil Corporation developed the first large-scale residential complex on Hong Kong Island.So, except for Cheung Kong's daring to develop large-scale real estate, or even large-scale commercial entities, the rest of the real estate developers are all small things.Their scale is less than ten buildings, and the area is only tens of thousands of square feet, which is far from the 100,000 square feet of Cheung Kong!The investment environment on Hong Kong Island is relatively affected by external influences, so British capital does not dare to make a desperate bet;The Chinese businessmen simply do not have enough funds to buy 100,000 square feet of land.For example, Huo Yingdong made almost one or two million dollars in the mainland a few years ago, but when he developed real estate, the land price was already 35 Hong Kong dollars per square foot, and a 150,000 square foot land would cost 5.25 million Hong Kong dollars. It will cost 1.5 million Hong Kong dollars to start this project. Even if Fok Yingdong has the money, he would not dare to develop it like this, so it is better to develop tens of thousands of square feet of land.So, when Cheung Kong Industrial developed two large residential complexes, everyone looked envy and jealousy.What they don't know is that in 1956, Cheung Kong will develop two large-scale residential communities, and they don't know what to think about then!End of this chapter
