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Published at 25th of December 2023 05:14:31 AM


Chapter 405: 【Inventory One】

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Chapter 405【Inventory One】

Time goes by, time goes by, and it’s a new year in a blink of an eye.

After New Year's Day in 1967, Wu Guangyao began to conduct frequent in-depth investigations on the subsidiaries of various group companies, and held group management meetings;

Why do you want to do this?

Only Wu Guangyao himself knows that the "big era" belonging to the Wu family is really coming!

Universal Group, Chairman's Office.

Wu Guangyao carefully checked the information of a total of 205 ships of Global Shipping, so as to be aware of it.

The number of ships is indeed a little more, but there is no alternative!

Who told Wu Guangyao that the time to develop shipping was early. At that time, the shipbuilding technology could only build oil tankers of 30,000 to 50,000 tons!

205 ships with a total deadweight of 17 million tons, including 13.55 million tons of oil tankers and 3.45 million tons of cargo ships (including container ships).

The situation of oil tankers is: 15 30,000-ton oil tankers, 48 ​​50,000-ton oil tankers, 42 100,000-ton oil tankers, 10 150,000-ton oil tankers, and 25 200,000-ton oil tankers;

The situation of cargo ships is: 25 30,000-ton bulk carriers, 20 50,000-ton container ships/bulk carriers, 10 70,000-ton container ships, and 10 100,000-ton container ships.

The vast majority of the leases of these vessels ended the long-term contracts in the first half of this year, and then no longer renewed the long-term leases;

There are only ships with a deadweight of less than two million tons. The long-term contract will end in the second half of the year, and it will be impossible to renew the long-term lease at that time;

Because the Suez Canal was closed in June, and it lasted for eight years.

After knowing his mind, Wu Guangyao collected the information on global shipping and checked the time. It was time for the high-level meeting.

"Chairman" and a group of executives saw Wu Guangyao walking into the meeting room and stood up to say hello.

"Sit down, everyone, ready to have a meeting!" Wu Guangyao pressed down with his palm to signal everyone to sit down.

Wu Guangyao never brought any manuscripts for meetings. He said wherever he thought about it. After all, he was just grasping the general direction, and the details were handled by his own management.

"Mindray, you can make a report first!" Wu Guangyao first ordered Mindray, the president of Hong Kong Island Airlines.

At this time, the development prospects of the aviation industry have gradually become clear, and the technological development of the aviation industry is becoming more mature.

All this is due to the world’s economic situation and the maturity of jet technology.

Hong Kong Island Airlines occupies the best location. According to international practice, the Hong Kong government implements one route for one company: For example, one route from Tokyo to Hong Kong is permitted to operate by only one of the airlines of Tokyo; according to the peer relationship, the local airlines of Hong Kong are also here. There are flights on the same routes, and the number of flights is equal. You fly several times a week, and Island Airlines has to fly several times a week. Everyone must be the same.

This kind of policy of the Hong Kong Government is very beneficial to Hong Kong Island Airlines!

Of course, this situation is not absolute!

As far as Wu Guangyao knows, before the return of Hong Kong Island in the previous life, mainland airlines opened up to Hong Kong routes, which once reached 9 to 1, far ahead of Cathay Pacific's flights;

However, in this life, the routes north of Hong Kong Island belong to Island Airlines, and Island Airlines is Chinese-owned. Naturally, Wu Guangyao does not allow this to happen!

Because, the future of mainland routes will be the main profit of Island Airlines, so it will naturally strive for more flights. The situation of three to one is almost the same;

Wu Guangyao believed that the other side would never dare to offend himself in this respect;

With the usual gentle approach from the opposite side, Wu Guangyao is their most important target.

"Chairman, dear colleagues! Island Airlines currently has 7 Boeing airliners (a passenger plane with 198 passengers) and three grand jets (a passenger plane with 88 passengers). Last year's profit was 7.1 million US dollars. Although the profit started However, in view of the development prospects of the aviation industry, Island Airlines needs to continue to invest in the purchase of passenger aircraft to ensure sufficient competitiveness. Therefore, it is expected that in the 1960s, it will not be able to bring profits to the group (shareholders)."

Wu Guangyao nodded, Mindray's last words, he agrees!

The aviation industry itself is an industry with large investments and late returns.

Wu Guangyao predicts that the era when Hong Kong Island Airlines really makes money (cashing out) will have to start in the 1980s;

At that time, with the opening of mainland routes and the busy Korean/Japanese routes, Hong Kong Island Airlines will naturally surpass Cathay Pacific’s business.

Wu Guangyao nodded and commented: “Don’t worry about investment, our group absolutely supports you; when you say you can pay dividends, our shareholders will pay.”

Everyone laughed, the boss is quite humorous!

Mindray was also quite excited at this time. I didn’t expect the boss to trust him so much, and he could even call the shots when he let the shareholders divide the money!

Mindray thought for a while, and then said: "BOSS, Swire Pacific, by splitting Cathay Pacific from the aircraft mechanics company, and then listing the mechanics company, raised 50 million Hong Kong dollars to expand the aircraft hangar; I don't think we can If we are lagging behind, we should immediately list the Hong Kong Aircraft Maintenance Company to expand our hangar and recruit some mechanics engineers."

Mindray’s words made Wu Guangyao think about it, mainly because of his time;

The biggest crisis will occur on Hong Kong Island in May this year, when a large number of wealthy people and capital fled, real estate plummeted, and the stock market plummeted;

Soon, Wu Guangyao decided to agree with Mindray’s opinion to raise funds through the listing of the Hong Kong Aircraft Maintenance Company to purchase land to build an airplane hangar and increase its repair capabilities.

Because it is now January. If it is listed in March and April, the stock market must still be booming, so there is no need to worry about failure in fund-raising!

After the fundraising was completed, the stock price plummeted and gave Island Airlines an opportunity to redeem part of its shares and to buy land at a low price.

After thinking about it, Wu Guangyao said: "Well. Yes! You can come up with a plan as soon as possible to list the machine repair company; moreover, I decided to give all the middle and high-level leaders of the group a benefit, which will be funded by the group, and the senior management will hold 3%. The middle-level holding 2% of the machine repair company's shares plan can be regarded as an equity incentive!"

As soon as Wu Guangyao's words fell, everyone in the conference room burst into laughter and expressed their gratitude to Wu Guangyao!

"Mr. Sandus, HSBC has no opinion!" Wu Guangyao looked at Sandus with a smile.

"Naturally, there is no opinion. The group can have today's results. These managements have contributed the most, and this is what they deserve." Sundashi said with sincerity on his face.

Have to be sincere, in case it offends the management of the entire Global Group, HSBC will be a bit outweighed.

The Hong Kong Island Aircraft Mechanics Company has a market value of up to 150 million Hong Kong dollars, and 5% of its shares are only 7.5 million Hong Kong dollars. This amount of money is really nothing.

Wu Guangyao is also practicing the equity reward policy that has been pursued for so many years. Therefore, taking a second-tier subsidiary's listed shares to reward everyone, he can be regarded as the largest boss on Hong Kong Island.

Next, Wu Guangyao named Li Ming of Global Terminal to give a report.

Li Ming’s first sentence made the HSBC duo excited.

"Universal Terminal currently has 22 container terminals, and last year (1966) made a profit of 12 million U.S. dollars."

Container terminals are still in the development stage after all. The main reason for such high profits is that Global Terminal Services has connected the global container terminals.

This is a big advantage, an advantage that even the United States does not have.

Therefore, many container transportation companies are willing to choose Global Terminal as the partner of cooperation. There is no need to worry about any problems. Global Terminal has one-stop service.

After listening to Wu Guangyao, he exhorted: "The terminal service system will ultimately rely on a computer system. The United States has entered the era of integrated circuit digital machines. You can make plans as soon as possible! In other words, we must take the lead step by step, not One step ahead."

(End of this chapter)




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