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Chapter 71 Visiting

When a delegation from the mainland comes to Hong Kong City, they will naturally contact the officials first and then go to the Mingchao Building.

Cai Zhiliang has been waiting in the office early in the morning. This visit will be beneficial to the entire Jinhe Investment and Hang Lung Bank. It will open up a northward channel for Jinhe Investment. If he did not catch up with the first wave of opening up, it should be done soon.

Seize the opportunity in the coming second wave.

Take Hang Lung Bank, a relatively small bank, it is difficult to complete the accumulation of capital in a short period of time without the help of external forces, and the vast mainland market provides the possibility for such accumulation. Simply developing in a Hong Kong city is doomed.

The upper limit of Hang Lung Bank has been exceeded. After all, the market is so big that it cannot compete with peers such as HSBC, Hang Seng Bank, and Bank of East Asia. Even if Cai Zhiliang invests more funds, it may be smoother in the early stage, but it will be where it is now.

This is true for the banking industry, and so is the real estate industry. Although it has not yet reached its peak, after decades of development, basically all land is owned. From last year to this year, why are so many consortiums coveting real estate companies, except Hong Kong?

The high-quality properties in Island Central are also due to the fact that they have accumulated a large amount of land during their 100 years of development. As long as they are commercially developed at the right time, they can create a steady stream of profits.

The real estate industry is an industry that emphasizes strength and connections, and Tianmen Real Estate has natural disadvantages in both aspects. This is why since the acquisition of Tianmen Real Estate last year, it has basically been resting on its laurels without adding new land reserves.

The acquisition of Donglai Trading Company is expected to cause a sharp decline in profits by next year. The properties that have been developed are all priced in hundreds of millions, and Tianmen Real Estate has limited funds, so it only buys a few off-the-plan properties that are better than nothing.

Cai Zhiliang was thinking about future plans until Chu Tianxing came over to remind him that the delegation had arrived downstairs.

"Let's go downstairs to greet you." Cai Zhiliang stood up and walked out. As soon as he went out, he saw Zheng Yiming, Chen Qiang and others.

Although we had already prepared for it, in the past two days, Japan has been undergoing the acquisition, reorganization, and split of Donglai Trading Company, and there have been frequent personnel exchanges. The sudden influx of such a large group of people was still a bit unprepared, and it seemed a bit chaotic.

Cai Zhiliang appeared at the right time with a group of senior executives of Jinhe Group. Wen Guoliang introduced both parties: "Mayor Li, this is Mr. Cai Zhiliang, the chairman of our Jinhe Investment."

"Hello, Mayor Li." Cai Zhiliang shook the other person's outstretched hand and expressed his welcome.

"Hello, Mr. Cai is really young and promising." Although he had known about Jinhe Investment before, Qin Deming was still a little surprised when they met for the first time that Cai Zhiliang had established such a large industry at such a young age.

Next, Wen Guoliang introduced Chen Zijin, vice president of the investment management company, and Qiu Dekai, chairman of Shenzhen Development Bank, to Cai Zhiliang one by one.

The two teams gathered together. Cai Zhiliang looked at the increasingly chaotic hall and suggested: "Let's go to the conference room first?"

"That's fine." Qin Deming and his party did not want to face the curious eyes of everyone.

"Please." Cai Zhiliang said as he walked, "I just purchased a trading company and have been moving in the past two days. It seems a bit messy."

Qin Deming glanced at Cai Zhiliang and said: "I heard Mr. Wen mention before that your company acquired Donglai Trading House. In fact, Donglai Trading House and the Special Administrative Region have a good cooperative relationship in the two major categories of grain, oil, food and textiles. After ten years,

With the development, 1,500 industrial enterprises and 3,000 processing enterprises have been established. We hope to further deepen cooperation in the future."

"This is also the wish of Jinhe Investment Company. I went to the Special Economic Zone twice this year, and each time it was a different scenery." Entering the elevator, Cai Zhiliang said, "Jinhe Investment Company has invested in an electrical appliance factory in the Special Economic Zone.

The Longchang Textile Factory is developing rapidly. It is expected that the export volume will reach 20 million US dollars this year, and it is preparing to continue to expand its production scale."

"Isn't that the Longchang Group's industry?" There are still people who know about this factory.

Cai Zhiliang explained: "Mr. Cai Xun, the chairman of Longchang Group, is my grandfather. He was old and didn't have so much energy, so he transferred the factory to Jinhe Investment Company."

The elevator did not go straight to the top floor. The conference room there was not big enough to hold too many people, so we had to go to the conference room on the 9th floor. Zheng Yiming, Chen Qiang, Zhao Shuo and others were already waiting there.

"This is Zheng Yiming, general manager of Tianmen Real Estate." Cai Zhiliang acted as a middleman and introduced both parties.

"Hello." "Nice to meet you."

"This is Chen Qiang, editor-in-chief of Mingxiu Newspaper."

"Mayor Qin, thanks to the help of your city's Propaganda Department, my newspaper news colleagues were able to successfully complete the interview with the special zone."

"We also hope that through a neutral media like Mingxiu Newspaper, we can inform our compatriots in Hong Kong City about the true development status of Shenzhen City."

"Mayor Qin can rest assured that relevant news reports will be published in Mingxiu Daily one after another at the end of this month."

"Welcome Editor-in-Chief Chen to visit the Special Administrative Region." Qin Deming also inquired about this newspaper. With a sales volume of more than 100,000, it is the largest commercial newspaper in Hong Kong City.

After they finished their greetings, Cai Zhiliang introduced Zhao Shuo, but Jiang Zhiqiang didn't come over because he had something to do.

"This is the general manager of Cai's Pictures, Zhao Shuo."

"Hello." Zhao Shuo replied, "If you have time, I'd like to invite you all to watch a movie. This year's box office champion is "Alang's Story" produced by Cai's Pictures."

As "Police Story Continuation" comes to an end, the final box office is set at 34 million. With no major productions in the second half of the year, "Alang's Story" has basically locked up the box office crown this year.

The purpose of today is to get to know each other, become familiar with each other, and lay a good foundation for future cooperation. It does not involve anything substantive.

Afterwards, both parties began to explain their respective development status.

On the Shenzhen side, Chen Zijin, vice president of the investment management company, made a statement, starting from the reform and opening up, introducing the rapid development in the past ten years, focusing on the import and export trade. The export volume has increased from 9.3 million US dollars in 1979 to expected this year.

Reaching 1.8 billion US dollars, especially various preferential foreign policies, and welcoming Jinhe Group to invest in the mainland.

On the Jinhe Investment side, Chu Tianxing introduced the history and development of Jinhe Investment. Just to show the long history of Jinhe Investment, it naturally starts from the establishment of Mingxiu Newspaper. In this way, it has a history of twenty years.

.

Of course, these are all fictitious and have no timing effect. They just sound good. The focus is still on the development of Tsai Films, especially after the establishment of Jinhe Investment Company, in the fields of finance, real estate, electronics, trade, news and entertainment.

.

Hello everyone, our official account will find gold and red envelopes every day. You can get it by paying attention. This is the last benefit at the end of the year. Please seize the opportunity. Official account [book fan base]

In terms of finance, it is naturally impossible to bypass the history of Gold River Investment. When the US stock market was rising, it shorted the US stock market and gained 3 billion Hong Kong dollars.

In terms of real estate, naturally after the acquisition of Tianmen Real Estate last year, it has grown from a small company with a market value of less than 500 million to a medium-sized real estate company with a market value of 2 billion Hong Kong dollars today.

In the electronics industry, the electronics factory established in Taiwan with an investment of 100 million last year has been in production for several months and is expected to have a profit of 10 million US dollars by the end of the year.

In terms of trade, Handa Trade is not worth mentioning. It just introduces the situation of Donglai trade this year. Excluding the bulk trade of oil, the annual trade volume is about 45 million US dollars. The newly built Longchang Textile Factory in Shekou has at least 20 million US dollars this year.

USD trade volume and export volume of 50 million next year.

In terms of news and entertainment, there is the No. 1 financial newspaper with monthly sales of 140,000 copies, and Cai's Pictures is also a large company that can compete with Jiahe, Debao, and Golden Princess, and is far better than Yindu Company.

The final focus is Hang Lung Bank. After acquiring the bank, it successively invested 1.5 billion to expand its branches to 25, temporarily ranking seventh in terms of number. It also acquired Kowloon Lixin Insurance two months ago, and its development momentum is rapid.

In short, it is to fully demonstrate our strength and ability to contribute to the development of Shenzhen City, and to establish a branch of Hang Lung Bank to facilitate closer cooperation between the two parties.

"How much is the export volume of Longchang Textile Factory?" Chen Zijin asked. It is hard to believe that an export volume of this scale comes from a small and unknown factory, or that Jinhe Investment is really strong.

"Last month, Donglai Trading Company has opened up the European market. This year's exports of 20 million US dollars are already the most conservative estimate. Next year, it will definitely double on this basis, reaching 50 million US dollars." Cai Zhi

Liangdao: “At present, the two factories in Shekou can no longer meet the trade demand and are expanding.

Large factory scale, or directly acquire similar factories. The textile industry is a labor-intensive industry and tends to move to countries and regions with lower labor costs. Just like it moved from Japan to the Four Asian Tigers, it will soon move to the mainland.

So the doubling of export volume is not surprising, it is just a market rule."

"Mr. Cai's words summed it up very well. It made my trip worthwhile and I have a better understanding of the advantages of the special zone." Qin Deming said: "Does Mr. Cai have any other suggestions that are beneficial to the development of the special zone?"

"Developing the electronics industry will be the most promising technology industry in the next ten or even twenty years." Cai Zhiliang reminded: "The scale of investment is relatively large. For a country, it requires billions of dollars of investment every year.

."

"I understand." Qin Deming nodded without saying anything, and Cai Zhiliang did not mention the electronics industry again.

Then the two parties discussed the matter of setting up a branch of Hang Lung Bank again, but it was just old talk and it would basically be finalized by the end of the month. Qin Deming then expressed his welcome to Gold River Investment to invest in the special zone, and Cai Zhiliang naturally would not refuse.

He used Tianmen Real Estate as a pioneer to invest in real estate development. After the integration of Donglai Trading House was completed, he went to Shenzhen to inspect to improve Donglai Trading House's currently unstable supply channels.
Chapter completed!
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