Page 648
Page 648
Chapter 448 Thank you all for your support.
It turns out that the results of this 1300 million investment are truly astonishing!
The two magnificent commercial office buildings in Sheung Wan have been successfully leased out, and He Yuzhu can now simply sit back and wait for the generous rent to flow into his pocket.
In North Point and Quarry Bay, there is a vast expanse of land where two magnificent industrial buildings can be constructed.
However, it should be noted that 500 million in cash is expected to be returned within the next six months to a year.
In addition, the various materials under He Yuzhu's name are priceless, and a rough estimate puts their total value at over ten million.
However, due to various reasons, these supplies have not yet been converted into cash, but the relevant information has already been released. Du Weifang's important task at present is to sell these valuable supplies successfully.
As for He Yuzhu himself, after reserving a portion of the necessary working capital, he resolutely decided to use all the remaining money to purchase land and begin planning the construction of more industrial buildings.
At this point, Du Weifang asked in bewilderment, "Why are you so confident in Hong Kong's industrial development prospects? You know, compared to that, building a commercial center seems to be the most profitable option."
Faced with this question, He Yuzhu smiled slightly and answered confidently...
It's important to understand that, given the historical context at the time, while everyone knew that building office buildings was far more profitable than building industrial buildings, there were many untold secrets and difficulties involved.
Take Central for example. It should be a bustling commercial area, but surprisingly, all the owners of all the buildings in Central are foreigners!
It's incredibly difficult for Chinese businesses to establish themselves here.
There is a deeper reason behind this – the authorities seem to be intentionally suppressing Chinese businesses, ruthlessly shutting them out of high-profit industries such as upscale office buildings and finance.
Left with no other choice, the Chinese were forced to engage in the relatively arduous field of industrial production, setting up factories to produce various products, which were then sold through foreign banks.
In this way, foreigners could easily make huge profits, while Chinese people could only work hard to earn a meager amount of hard-earned money.
That being said, it was only 1961, and the whole society was still shrouded in darkness.
Faced with such a difficult situation, He Yuzhu decided after careful consideration to temporarily avoid the highly competitive and discriminatory Central district and instead quietly accumulate strength in a more remote place like North Point.
He plans to first build a batch of industrial buildings, some of which will be rented to other businesses in need to generate stable rental income; the other part will be kept for his own use to better carry out his own business.
Next, they fully leveraged their strengths, invested heavily in product manufacturing, and meticulously managed and operated the business, accumulating valuable profits bit by bit.
By taking steady and solid steps, the company gradually expanded its scale and enhanced its strength.
He knew that only after the Independent Commission Against Corruption (ICAC) was formally established in the 1970s would the business environment be significantly improved, and Chinese businesses might then have the opportunity to truly stand out and usher in their own spring.
Otherwise, those Chinese detectives would be able to easily take away a huge portion of the profits!
After listening to He Yuzhu's detailed explanation, Du Weifang's previously confused eyes finally brightened, and she gained a clearer and more thorough understanding of the current situation.
At this moment, He Yuzhu frowned slightly and asked with a serious expression, "So, what is the current production situation here?"
Du Weifang smiled gently and replied in a light tone:
"The production of ordinary hardware is progressing very smoothly. All kinds of parts have been successfully put on the shelves and are now available for sale. Moreover, we have even shipped a batch of goods to Southeast Asia for sale. We have successfully opened up the market!"
He Yuzhu nodded in satisfaction after hearing this, secretly thinking to himself:
Although they didn't have any existing sales channels, the Du family had a unique advantage in this regard.
You see, they've made many acquaintances and friends in Southeast Asia, so they naturally have a lot of connections and can successfully sell these hardware products.
Moreover, having successfully carved out a niche in the local market, even business tycoons like Li Ka-shing and Fok Ying-tung have shown great favor to their products.
Li Ka-shing enthusiastically helped connect people, introducing many high-quality clients; and Huo Yingdong's business would also regularly purchase a certain amount of hardware products from He Yuzhu.
However, the reason why He Yuzhu chose to produce these common hardware items was not simply to earn the meager profits in the short term.
His real intention was to use these relatively simple products to train the skills of his workers, so that they could gradually accumulate enough experience and technology.
When the time was right, he planned to officially put the diesel engine and machine tool design drawings, which he had been preparing for a long time, into actual production.
After all, only by continuously innovating and upgrading can a company remain invincible in the fierce market competition!
All of this was originally meticulously planned and put into practice by He Yuzhu.
He was simply following the successful experiences and methods he had previously used.
Now, what he is waiting for is for these workers to gradually accumulate enough strength.
Once the time is right, he will not hesitate to return to the production of important equipment such as lathes, diesel engines, and small blast furnaces.
However, this process cannot be accomplished overnight; it requires time to settle and develop, and it also requires giving workers ample room to grow.
It's worth mentioning that the training school has already gained a widespread reputation. Its excellent teaching quality and good reputation have attracted many students to enroll.
Therefore, He Yuzhu decisively rented a larger venue to meet the growing demand.
Currently, the third phase of enrollment is progressing smoothly, and it is expected that each phase will enroll up to one thousand students.
This scale undoubtedly demonstrates the training school's vigorous development.
After the two talked for a while, Du Weifang suddenly looked troubled and said:
"I feel a bit overwhelmed. You really should find a few more capable assistants."
Upon hearing this, He Yuzhu was somewhat surprised and quickly asked:
Are you already too busy to handle everything?
It should be noted that before this, no matter what kind of matter he encountered, He Yuzhu would issue instructions without hesitation and then confidently hand them over to Du Weifang for execution and handling.
In response to He Yuzhu's question, Du Weifang rolled her eyes in annoyance and replied with a hint of complaint:
"I only went to high school, and now you're putting so much complicated management work on my shoulders. I really can't handle it!"
After listening to Du Weifang's words, He Yuzhu nodded thoughtfully, indicating his agreement with her viewpoint, and immediately stated:
"Oh dear, look at my memory, I completely forgot about that. Alright, then we'll quickly recruit a few college students majoring in management to help out, since it's peak recruitment season right now."
"That's fine, I really can't handle it all."
Watching Du Weifang's departing figure, He Yuzhu couldn't help but rub his temples, feeling a sudden headache.
Now, he has set up such a huge operation in Hong Kong, and he needs to personally manage and oversee every aspect of it, which has taken up a lot of his energy and time.
Thinking about this, He Yuzhu pondered to himself that, given the current situation, he would probably have to settle down in Hong Kong for a long time in the future.
Should we bring my wife, who lives far away in Beijing, over as well?
After all, a couple living apart is not a long-term solution. However, we are currently extremely busy, so we can only wait until this busy period is over before returning to the capital to discuss it properly.
The next day, around noon, sunlight streamed onto the bustling streets.
He Yuzhu and Li Ka-shing walked side by side and arrived at a place located on Des Voeux Road Central in Sheung Wan.
Not far from the bank stood a quaint, old-fashioned restaurant, which the two men entered. Once inside, they first went to pay their respects to Liao Baoshan and his family.
Although Liao Baoshan had successfully overcome the current difficulty, he looked much more haggard than before.
After all, that bank was of paramount importance to their entire family.
Although the bank has been saved, its overall strength has declined significantly after this incident, which undoubtedly makes Liao Baoshan quite unhappy.
After exchanging pleasantries and pleasantries, Huo Yingdong suddenly strode over, grabbed He Yuzhu, and said, "Come on, let me introduce you to some friends."
After saying that, he grabbed He Yuzhu and pulled him toward a group of people not far away. When they got closer, Huo Yingdong enthusiastically introduced these new friends to He Yuzhu one by one.
The guests present are all prominent figures in the business world, including the renowned Chairman of the Board of Directors of Bank of East Asia, Mr. Kan Tung-pau, and the highly respected Chairman of Hang Seng Bank, Mr. Ho Sin-hang.
On the other side sat Li Mingze, the managing director of Hysan Properties, who is known in the industry for his outstanding business acumen and decisive decision-making ability.
In addition, there was Feng Bingfen, a representative from the Feng family, who played a pivotal role in family affairs;
Xu Aizhou of China State Construction Engineering Corporation is also among them, and his achievements in the construction field are remarkable.
Finally, there is Zhang Yuliang from the Zhang family. As the core figure of the Zhang family, his every move affects the development direction of the entire family.
Today, they have all been warmly invited to gather here.
While everyone was exchanging pleasantries, the host warmly introduced He Yuzhu to everyone present.
Feng Bingfen asked with a look of surprise:
"Could this be the legendary white knight—Mr. He Yuzhu?"
Faced with such praise, He Yuzhu quickly responded modestly:
"I am He Yuzhu, but I am truly unworthy of the title 'White Knight'!"
At this moment, Zhang Yuliang, who was standing to the side, asked curiously:
"I wonder if Mr. He is from the North?"
He Yuzhu smiled and nodded, then replied:
"That's right, my hometown is Beijing, specifically Nanluoguxiang behind the Forbidden City."
It's worth noting that Nanluoguxiang has always been one of the most prosperous and bustling areas in Beijing.
Countless celebrities have purchased properties here, including the famous Sun Yat-sen and Chiang Kai-shek, who once set up their headquarters here!
He Yuzhu told the truth without any attempt to hide it, which really surprised the bigwigs present.
From his distinctive Beijing accent, it was clear that He Yuzhu had only recently arrived in this bustling city of Hong Kong.
It's worth noting that the sudden appearance of a native Beijing resident in Hong Kong, and the fact that he casually handed over nearly 2000 million in cash, is an astonishing move that inevitably sparks various speculations and conjectures.
Such a lavish gesture is clearly beyond the reach of ordinary people.
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