Chairman’s Office, 21st Floor, Gangcheng Huaqing Building.
The five shareholders, Zhang Xudong, Sima Langyue, Lin Nandu, Lin Beiping and John, gathered together.
This was the first meeting since Huaqing was founded that all five shareholders attended.
Zhang Xudong stood in front of the window, pointing to the International Building in the distance and said:
“Ladies and gentlemen, when we were planning to build the Huaqing Building, we went through several design revisions before we built it, which was the tallest building in Hong Kong at the time.
At that time, we put a lot of thought into building the extra ten meters.
But in just a few years, the 32-story building has already stood up.
This shows that the economy of this port city has entered the fast lane.
Moreover, not only the port city, but also countries around the world have recovered from their post-war weakness, and the economy has begun to recover.
Time waits for no one! If Huaqing wants to occupy a place in the future market, we must keep moving forward, forward, and forward again.
The future will be an era where a hundred flowers will bloom.
Real estate, finance, home appliances, communications, electronics, automobiles, machinery, food, beverages, clothing, etc. Even toilet paper, which is not taken seriously, will have a huge market.
We are sitting together for this meeting not only to make a summary of our previous work.
We also need to make a plan for the future development of Huaqing.
See what areas we plan to enter.
My opinion is that for Huaqing’s projects, either don’t do them at all, or if you do them, make them bigger and stronger and become leaders in the industry.
You all need to think about this issue in the next few days.
We will discuss this issue in the last two days of our meeting and set our future goals.
Now, let Mr. Lin introduce the situation of Gangcheng Company."
"Everyone, before I make a summary, I would like to ask Director Zhang about the current work.
Mr. Zhang, the Hong Kong city’s economy has been in a slump since 1966.
Moreover, since the riots last year, stocks have fallen, resulting in a stock market crash.
In addition, a large number of wealthy people left Hong Kong, causing housing prices to continue to fall.
Of course, under your instructions, we sold most of the properties in advance and avoided a loss.
He also made more than 500 million Hong Kong dollars by shorting stocks.
But you've instructed us to buy back those properties and continue acquiring land for building houses. Isn't that too risky?"
Zhang Xudong nodded and said:
"Mr. Lin's concerns are not without reason. After all, there are no signs of recovery in housing prices or the stock market.
And people continue to leave the port city, taking away large amounts of money.
But did you notice that the per capita JDP in Hong Kong in 1961 was US$483.
Last year it reached nearly $800.
This is the growth after the Hong Kong dollar depreciated from 1:4.9 to 1:5.9 against the US dollar.
If the Hong Kong dollar had not continued to depreciate, the per capita JDP in Hong Kong would have exceeded 1,000 long ago.
What does this mean? It means that the economy of Hong Kong City has been growing.
It's just that growth has slowed down in the past two years.
Speaking of population, the population of Hong Kong City was less than 3.2 million in 1962, but this year it should have exceeded 3.8 million.
For such a large port city, the population is increasing by 100,000 people every year. Can you imagine what this means?
And this population increase will continue for many years.
Especially from now on, because of the policies there, the population of this port city will have a major boom for a few years.”
Zhang Xudong said this and pointed to the north.
As I said, some people have to have a house to live in.
Whether they rent or buy, they always need a place to live.
Furthermore, the British Hong Kong government will not ignore the current situation.
Taking into account the characteristics of the port city, the processing industry requires a lot of land.
Therefore, the British Hong Kong government will not support the development of the processing industry.
So where is the current economic development point of the port city?
I analyzed that they will support the development of the financial and real estate industries.
That's why I want you to buy property and land now.
Moreover, our future rental properties will mainly be small in size.
Small area and low rent will be very popular.
Even commercial and residential properties in ordinary areas should mainly be small-sized.
Taking advantage of the current low land prices, we will also buy a piece of land in the Upper Fansha District in the northern New Territories. I want to build an industrial zone there.
"What kind of factory do we want to build? Why choose that place?" Lin Nandu asked puzzledly.
Seeing that the building was already tilted, Zhang Xudong decided to let it continue to tilt. Anyway, the meeting would not be over in three or two days.
"I was going to leave this discussion for last, but now that it's brought up, I'll talk about it in advance.
Director John, you have been in contact with pagers for the longest time.
Do you think it is feasible to develop this business in Hong Kong and surrounding areas?
John's eyes lit up and he said, "Oh, God, that's a wonderful idea.
This area has a dense population and is the best place to develop paging business.
The number of base stations required is small, but the business volume will not be small.
Moreover, this industry is basically a one-time investment with long-term benefits.
I agree with this idea. Here, I think the cost can be recovered in less than a year, and the subsequent income will be net profit."
Zhang Xudong shook his head and said:
"Director John, I'm not thinking about the paging business right now. That little bit of profit is not worth my attention.
If you want to develop a paging business, you must have a pager.
So, my target is the pager.
Look at today's pagers, they can only display numbers.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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