Chapter 294 Industrial Investment Not Welcomed
Coming out of the Yuen Long Industrial Village Management Committee, Yin Lianyi was somewhat angry:
"We're here to invest and set up a factory, to create jobs and tax revenue for them. What's their attitude? It's fine if they're not welcoming us, but they're being sarcastic. It's 2013, and they still have such a strong sense of superiority?"
The Lingnan Hall delegation did not receive a warm welcome at the management committee. Even when Lin Tianhua proposed to invest and set up a factory, several staff members looked at the mainlanders across from them as if they were fools.
In the end, the issue of setting up the factory was naturally not reached, which aroused Yin Lianyi's anger.
From the little girl's worldview, I came to set up a factory because I think highly of you. Even if you don't treat me like a VIP and roll out the red carpet, you should at least give me some respect, right?
Lin Tianhua was not surprised at all and consoled him:
"Xiao Yin, there's no need to be angry. They don't welcome industrial investment, and there must be a reason for that."
At this time, Lin Sanqi stood on the east side of Yuen Long Village, looking at the vast ponds on the seashore and feeling somewhat puzzled.
"Uncle Shi, the people from the management committee just said that there are no more industrial land quotas now. But look at this endless pond over there. It's at least several thousand acres. How can there be no land?"
Lin Sanqi was also confused, because in his worldview, as long as someone came to invest and build a factory, let alone filling up the village pond, even if the entire village was demolished, what would happen?
Meng Peng, who had already come to the front station, answered Lin Sanqi's doubts:
"Mr. Lin, the ponds you see are actually fish ponds. You might say that building a factory and collecting rent is definitely more profitable than raising fish. But in fact, the people who occupy this land don't expect to make money from raising fish at all."
“Oh~~~”
Yin Lianyi sounded as if she had suddenly understood something. It was obvious that as a finance major, she understood it immediately.
But Lin Sanqi, a medical student, was still confused: "Isn't raising fish for profit, and I don't want to build a factory? So why?"
"Boss Lin, this is actually very easy to understand. Just like those so-called high-tech companies, why are they constantly burning through money and making losses, yet their bosses can ultimately earn tens or even hundreds of billions? The principle is the same.
High-tech companies don't make money from the business itself, but from shareholders after the company goes public, a practice known as "cutting leeks." Yuen Long Village's plan is also a form of capital speculation, aiming to develop real estate.
When Meng Peng said this, Lin Sanqi already understood, but he didn't say anything and continued to listen to the sales director's analysis.
"Real estate is undoubtedly the most profitable sector in Hong Kong, but land is so scarce, so many people are eyeing industrial land. The strategy is simple: first, they buy the land as industrial, then use connections to change the land's status, converting it from industrial to commercial or commercial-residential."
Lin Sanqi thought, this operation doesn't seem to be unique to Hong Kong, right? Plenty of people in China do this.
Meng Peng was still explaining to his boss:
“Although there is a fee to be paid for converting industrial properties to commercial properties, real estate developers who dare to do this generally don’t care about this small amount of money. What they want is to ensure that the land falls into their hands, and then they can hold on to it for a few years and then sell it on to make a fortune.
A few days ago, a piece of industrial land in West Kowloon was bought by a certain boss for 4 billion, then held onto it for several years before finally selling it for over 20 billion. Think about it, Mr. Lin, if we work our butts off for a year and still can't make money speculating on land, who would still want to focus on business?
The same is true for Yuen Long Village. While Hong Kong Island and Kowloon have run out of land, the New Territories have plenty. Furthermore, with Shenzhen and Hong Kong collaborating on development, the New Territories will undoubtedly become a key real estate market.
The people of Yuen Long don't welcome investment and factory construction now, but even if commercial development begins in the future, these factories will be easier said than done. Similarly, this fish pond right in front of us will become a ready-made commercial land resource in the future."
Lin Sanqi was not surprised to hear this. If capital is used properly, it can enable the entire national economy to develop rapidly.
However, if capital is misused, repeated economic crises can cause great damage to the country and the people.
Whether it is an economic crisis or economic prosperity, capital is a man-eating tiger. Everyone wants to be capital, but in fact everyone should be wary of capital.
People say that power without supervision is scary, but everyone forgets that capital without regulation is even scarier.
"Actually, the large-scale development of the New Territories is quite good. How big is the entire New Territories? About 1,000 square kilometers? I remember that in Beijing there was a community called Tiantongyuan, the largest in China. It only covered an area of 8 square kilometers but had a population of 600,000.
The entire population of Hong Kong is 7.5 million. Building eight or ten Tin Tong Yuans in the New Territories is more than enough. Wouldn't that solve the housing problem that has plagued Hong Kong people for so many years? No more living in cramped houses."
After hearing this, Yin Lianyi and Meng Peng thought that the boss was really naive and wanted everyone to have a house?
Lin Tianhua is an elder, so he can naturally give some advice:
"It's not that simple. Hong Kong's capitalists have been exploiting millions of Hong Kong citizens for years. If they suddenly build millions of new homes, allowing Hong Kong residents to own their own homes, how can they continue to exploit them?"
Lin Sanqi sighed deeply:
"Young people have no housing, no good jobs, and their incomes are declining. They see less and less hope, yet they're constantly being sucked dry by capitalists. Naturally, they're dissatisfied with society. The government should intervene and stop allowing Hong Kong's capital to run rampant. Isn't young people's aversion to capital a reflection of their disappointment in the country?"
Lin Tianhua thought to himself, you young man, are really brave enough to say that? You are not afraid that this novel will be criticized, so he quickly changed the subject:
"We must believe that the country is playing a big game. Sometimes it's not that we don't want to take action, but that the time has not yet come. Forget it, let's not talk about this anymore. Where are we going next?"
Lin Sanqi didn't want to say more. After all, he was not from Hong Kong, so the life and death of Hong Kong people had nothing to do with him.
When Hong Kong was prosperous, the Lin family did not benefit from it at all;
Even if Xiangjiang goes bankrupt, it doesn’t have anything to do with the Lin family.
Yin Lianyi, the future boss lady, discovered a problem at this time and quickly raised it:
"Uncle Shi, Manager Meng, that's not right. Didn't Mr. Mao from Huadu First Hospital say that leading Chinese medicine companies like Tong Ren Tang, Guang Yu Yuan, Darentang, and Hu Qing Yu Tang are all setting up factories in Hong Kong to avoid legal risks back home? So where are these pharmaceutical factories located?"
Lin Sanqi thought this was a good question. If setting up a factory in Hong Kong is so difficult that even land cannot be obtained, then where are the Hong Kong factories of pharmaceutical companies such as Tong Ren Tang, Guang Yu Yuan, Darentang, Hu Qing Yu Tang, etc.?
Meng Peng had already been to the front station, so he naturally understood the situation clearly:
"Boss, this is actually quite funny. Let's take a rest tonight. Tomorrow I'll take you to visit the pharmaceutical factories of various pharmaceutical companies."
Although Lin Sanqi was full of questions, he saw that it was getting late and thought that since it was his first time in Hong Kong, it would be nice to go and have some fun.
For example, Portland Street... Shanghai Street... Reclamation Street...
"Okay, let's go shopping in Mong Kok and Yau Tsim Mong tonight. This is my first time in Hong Kong, and I want to experience the hospitality of the Hong Kong people, haha."
Lin Tianhua and Meng Peng were both men. They smiled knowingly when they heard this, but their eyes involuntarily glanced at Yin Lianyi, wondering if the future boss lady was still there.
Yin Lianyi smiled faintly:
"Thirteen o'clock, you don't think I've never seen a Hong Kong movie, do you? You don't know where Portland Street in Mong Kok is? Humph."
When Lin Sanqi heard this, he thought that it was really not good for a woman to be too smart and not have the wisdom and magnanimity of ancient women. In this regard, Xiao Yezi was better. Xiao Yezi was very obedient and would not object even if he took several concubines.
The characteristic of men is that they will never admit it even if beaten to death. Instead, the more guilty they feel, the louder their throats become:
"You, gossip girl, are not pure in your thoughts. What are you thinking? I went to Mong Kok because my family has relatives who own property in Yau Ma Tei. I wanted to see what the situation is like over there. Maybe one day I will immigrate to Hong Kong too."
Lin Tianhua looked up at the sky, but thought to himself that the Lin family did have relatives in Hong Kong, but he had never heard of any relative living in Yau Ma Tei.
Of course, he saw through it but didn't say anything, and they are still good relatives.
Yin Lianyi blinked her big, Carslan-like eyes suspiciously, then waved her little fist: "Humph, men, it's best not to lie."
Lin Sanqi thought to himself that he really didn't lie, but that was in 1960. The Lin family had three small buildings in Yau Ma Tei, Hong Kong, and it was likely that he would live here in the future.
So even though it is a parallel world now, he still wants to go and take a look in advance. This sense of time and space separation makes him feel very novel.
Hong Kong is not a big place, and an hour later, Alpha arrived in Mong Kok in the city.
As the most prosperous commercial area in Hong Kong, the streets are filled with billboards. Although the roads are narrow, they appear to be bustling with people.
Lin Sanqi held Yin Lianyi's hand, his eyes moving around, admiring the prosperous night view of Hong Kong. Of course, it was pure appreciation, without the confusion and envy that the previous generation had when they saw the night view of Hong Kong.
Yin Lianyi was a little surprised to see Lin Sanqi constantly looking around:
"Hey, you really are here to visit your relatives."
Lin Sanqi chuckled, "Of course. Otherwise, why do you think I'm here? With a little Liu Yifei like you by my side, any other woman is just a mediocre woman. How could I even look at them?"
Women all like to hear nice words, and Yin Lianyi is no exception. She was secretly proud of herself:
"So where do your relatives live? Should we bring some gifts when we visit them?"
"My relatives, well, let's first find the Tin Hau Temple in Yau Ma Tei. My dad told me there's a north-south street to the north of the Tin Hau Temple. If there are three identical eight-story buildings, that's where my relatives live."
"Oh, then what is the relationship between your relative and your family? What's his name? Is he close?"
Southerners tend to be large families, but there are also different branches within the large family. Generally speaking, the closer the blood relationship, the better the relationship.
"My relative, the head of the family is named Lin Kushen. He has three sons. The eldest is Lin Gancao, the second is Lin Duzhong, and the third, haha, has the same name as me, Lin Sanqi..."
Yin Lianyi also laughed and said, "Then it seems that they are distant relatives. Close relatives would not have the same name."
Yau Tsim Mong, the intersection of Wing Sing Lane and Temple Street.
Yin Lianyi pointed at the dilapidated buildings in the northeast corner and asked, "Hey, is this the place? Three eight-story buildings in a row."
Lin Sanqi looked in the direction of the finger and counted the floors. Sure enough, all three buildings had 8 floors, but their appearances were slightly different. They were not exactly the same as Doctor Lin Kushen had said.
Looking more closely, I found that the construction style is still the same. It is estimated that it has been renovated several times over the decades, and the appearance has changed.
This area is full of old houses, and the first floor is a shop. Just like the shop in the urban village, they are dilapidated and obviously are places where local residents spend their money.
Temple Street is not too long. Lin Sanqi and Yin Lianyi have walked back and forth twice and are basically sure that this is the place.
"Hey, Lin Sanqi, do your relatives live here? Why don't you ask them?"
"No need to ask, it should be here."
Although there are some differences between the two eras, the details are exactly the same. The three small buildings in 1960 are the same as the three small buildings in 2013. The main difference is that the owners are different.
Just like Shilou Village still existed in 1960, except that the surname Lin became Li and the people changed.
Otherwise, Lin Sanqi could go back to 1960, get the house deed and land deed from his father, and then travel back. Could he get the ownership of the house?
Then the world would be in chaos.
At the same time, Lin Sanqi sighed deeply, thinking that his father, who was 60 years old, really had good vision. After practicing medicine for so many years, he only bought a small Western-style house in Huadu and invested all the remaining money in Hong Kong.
Three 8-story buildings. Not only could the whole family work as tenants in the 1950s and 1960s, but even decades later, their descendants would never have to worry about food and clothing. How far-sighted they were.
Lin Sanqi sometimes really suspected that Dr. Lin Kushen might also be a time traveler and knew about this disaster in 1949.
"Let's go, we found the place, let's go back."
Yin Lianyi asked with a strange look on her face:
"Thirteen o'clock, this can't be your old lover's house, right? You just quietly took a look downstairs and left? Didn't you go up and say hello?"
Lin Sanqi was completely speechless: "Yin Bastard, can you please read less romance novels? Besides, my old lover is a girl from Shanxi, hum hum?"
"Hey, hey, a girl from Shanxi? Let me think about it, is she the one who dumped you after graduation? You're making a fuss and missing out on a great opportunity to become a billionaire."
"Then your old lover, has he entered the palace and become a eunuch now? Yin Bastard, you have such a cruel heart~~~"
"You! Thirteen, I will make you a eunuch right now, you stop~~~"
That night, at the door of the hotel room, Lin Sanqi wanted to take advantage of the situation and completely capture Yin Lianyi.
As a result, Yin Lianyi turned her face away and said: "Go find your Shanxi girl, bye!"
The door was slammed shut without mercy. No matter how hard Lin Sanqi knocked, it was useless. Lin Sanqi was so angry that he really wanted to go to Portland Street or Lan Kwai Fong...
The next day, Lin Musen also rushed over from Huadu and the business inspection continued.
Chatham Road South, which is part of Tsim Sha Tsui, is the location of the Hong Kong Chinese Medicine Clinic "Miao Chun Tang".
Miaochuntang owner Qiu Minli and his companions were already waiting at the door. When they saw the business car approaching, they took the initiative to lead it in.
"Welcome the three General Managers Lin to Miaochuntang, hehe."
Lin Musen also greeted him with a smile: "I'm flattered that Director Qiu came to greet me personally."
"No, no, we are good partners and good friends. It's too formal for Mr. Lin to say that."
Miaochuntang is now Lingnantang's largest customer. The first transaction amount between the two parties was as high as 600 million Hong Kong dollars. It is definitely Lin Sanqi's God of Wealth.
Lingnan Hall certainly made a lot of money, but Miaochun Hall also gained both fame and fortune.
After all, authentic, rare and natural medicinal materials like Lingnan Tang are extremely rare. After this batch of Chinese medicinal materials was delivered to Hong Kong, it quickly caused a sensation among the wealthy circles in Hong Kong.
Those wild ginsengs were bought in packages as if they were free, making Miaochuntang a huge profit.
Making money is one thing, but what Chairman Qiu Minli values most is "fame".
Miaochuntang has good medicine. Once its reputation spreads, it will leave a good impression on the local wealthy people in Hong Kong. Qiu Minli feels that there is a great hope of surpassing Ruijuntang, the number one in Hong Kong.
It is precisely because Lingnan Hall can bring benefits to Miaochun Hall that Qiu Minli personally brought people to welcome Lin Musen and his party. To put it bluntly, this world is an era where interests are paramount.
Lin Musen came to visit the decoration and operation of Miaochuntang.
Lin Sanqi was more concerned about Miaochuntang's homemade medicine.
All major Chinese medicine clinics in Hong Kong have their own medicines. These Chinese medicine pills or prescriptions have approval numbers from the SAR government and can be put on the market normally.
Of course, Hong Kong inherited the British system, and public hospitals only develop "Western medicine". Practicing physicians refer to Western medicine, not traditional Chinese medicine.
"Traditional Chinese Medicine Clinics" are all private and self-financing. The government only plays a supervisory role and neither encourages nor restricts them. It basically regards traditional Chinese medicine as a product of the same nature as "cold tea".
Because they are not taken seriously, there are fewer restrictions on traditional Chinese medicine, and the mainland's wildlife protection laws cannot restrict them.
Lin Musen took a box from Yin Lianyi, opened it, and took out a sealed bottle from it:
"Chairman Qiu, this is one or two ounces of wild musk. I came here in a hurry to visit you this time. I'm sorry to have caused you any trouble."
Qiu Minli was shocked when he heard this: "Wild musk? Wow, this is a treasure. I haven't seen it in many years. The strength of Lingnan Hall is truly extraordinary."
Although Hong Kong does not ban natural musk, the number of wild musk deer at home and abroad has decreased sharply, so wild musk has become very rare, and the price has even been driven up to 50,000 to 100,000 yuan per gram.
Qiu Minli caressed the precious wild musk and said with emotion:
"Making good medicine requires good medicinal materials. Without good medicinal materials, we at Miaochuntang cannot formulate many prescriptions and cannot produce them. This is our biggest worry at the moment. Fortunately, we have cooperated with you, Lingnantang, otherwise we would just be worried.
You don’t know that the requirements of Hong Kong’s local wealthy people are very strict. Several top wealthy families have their own Chinese medicine practitioners. If the Chinese medicine prescriptions we sell do not meet their requirements, not only will we not receive payment, but our Chinese medicine clinic’s reputation will also be ruined in the wealthy circle.
Therefore, we would rather not produce prescriptions than deceive patients, especially those top wealthy people. For us Chinese medicine practitioners, credibility is the most important thing. Without credibility, patients will not trust our medicine, and then our Chinese medicine clinic will not be able to operate."
Lin Musen nodded and sighed:
"Alas, you guys in Hong Kong are doing well. The TCM industry in mainland China is in a mess right now. I'm afraid my colleagues will laugh at me if I tell them this. It's also causing more and more young people to lose trust in TCM. It's a tragedy, to be honest."
Qiu Minli was also good at speaking, and quickly said, "We still have Lingnan Hall as the backbone, so the mainland's traditional Chinese medicine community will not be ruined."
Hehehe~~~
The whole place was filled with laughter. Older people always like to flatter each other in business.
Lin Sanqi couldn't help it and prepared to consult Qiu Minli, a big shot in the Hong Kong traditional Chinese medicine circle.
"Mr. Qiu, I'd like to ask you a question. You know that the mainland currently doesn't allow the use of natural medicinal materials in traditional Chinese medicine. Take wild musk, for example. Not only is it impossible to get it, but if you do get it, you'll be reported and jailed for breaking the law.
We at Lingnan Hall are now facing this dilemma. We have natural medicinal materials and ancestral prescriptions, but it is impossible to set up a pharmaceutical factory in the mainland because we cannot pass the legal hurdle.
So our idea is to open a Chinese medicine factory in Hong Kong, specializing in the production of various Chinese patent medicines. Do you think our approach is feasible? Or is it feasible?"
Qiu Minli listened carefully, then nodded firmly:
"Opening a Chinese medicine factory in Hong Kong is probably the best option at the moment. I think it's feasible. After all, Hong Kong doesn't prohibit the use of natural medicinal materials. Of course, there are still restrictions on wild animals, but there is no problem with farmed ones."
Lin Sanqi continued to ask:
"Then the question arises. We went to Yuen Long and Tai Po yesterday for an on-site inspection and found that the land for setting up a factory in Hong Kong is extremely expensive. The land fees are often hundreds of millions or even billions of dollars, which is staggering.
"It's expensive, but these industrial estates don't seem to welcome us in. They're more interested in making money by speculating on land. So now we're faced with the dilemma of having no place to build a factory. Mr. Qiu, how do you think we can solve this problem?"
When Qiu Minli heard Lin Sanqi's question, he was stunned for a moment, then burst into laughter:
"Mr. Xiaolin, you have a misunderstanding. Why does it have to be in an industrial zone to build a pharmaceutical factory?"
"Well?"
Lin Sanqi and the others were a little stunned, including business veterans such as Lin Tianhua and Meng Peng.
"If we don't set up a pharmaceutical factory in an industrial zone, where else can we go?"
Qiu Minli already knew the problem, so he smiled and said, "Come on, follow me upstairs and take a look. You will know the answer."
Miaochuntang Chinese Medicine Clinic is located in a high-rise building. The first and second floors are where the clinic is located. As for what is upstairs, Lin Sanqi always thought it was a residential area or an office building.
As a result, when the elevator opened, he was really amazed.
The first floor in front of you is about 500 square meters, and it is a small pharmaceutical workshop. Many workers are busy at their respective posts, and the fragrance of traditional Chinese medicine fills the entire room.
Qiu Minli introduced:
"Boss Xiaolin, this is our Miaochuntang's own pharmaceutical factory.
This workshop mainly produces Quanlu Dabu Pills and Bazhen Pills. These two Chinese patent medicines are the flagship products of our Miaochuntang and are very well-known in Hong Kong and Southeast Asia.
In addition, we have a total of five such pharmaceutical workshops. The other workshops are all in this building, and they are all on the upper floors. Our Miaochuntang is not only a clinic, but also a pharmaceutical factory. How about it, Mr. Xiaolin, now you know where to set up the Chinese medicine factory, right?
(End of this chapter)
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