In Hong Kong, we build a global business empire

Chapter 102 Diversified Development

After settling the contract issue, Lin Haoran was completely relieved.

This journey was much simpler and smoother than I had imagined.

The next morning, they took a passenger ship back to Doha.

In Doha, he successfully completed the transfer.

Next, Lin Haoran took the three of them on a tour of various places in the Middle East, such as Qatar, Bahrain, Saudi Arabia, and Iraq.

In his previous life, he simply didn't have this ability.

As long as you don't go to chaotic countries like Iran and Lebanon, there will be basically no problem.

Even in Iraq, society is very harmonious this year, without the disturbance of war.

In the 70s, Iraq's economy took off rapidly relying on its abundant oil and natural gas resources. People lived a prosperous life. Its prosperity was simply amazing and was in no way inferior to that of developed countries.

However, Lin Haoran also knew that the Iran-Iraq War would begin in two years, and Iraq would no longer be peaceful.

During this period, he would regularly make cross-border calls to communicate with Burton, Lin Wanan and others.

After playing in Iraq for a whole week, Lin Haoran took the three of them away from Baghdad International Airport and returned to Cairo, Egypt.

Although Egypt seemed peaceful during this period, riots would occur from time to time.

Just because Egypt became the first country to recognize Israel last year, the Egyptian government has almost turned from a former leader of Arab countries into a traitor to Arab countries. There are also many extremists in the country who often cause riots.

Therefore, even though Lin Haoran was very interested in one of the four ancient civilizations in the world, for safety reasons, he did not stay in Egypt for long. He hurriedly took off from Cairo International Airport and his destination was Hong Kong.

At 11:20 pm on November , a plane slowly landed at Kai Tak International Airport.

Lin Haoran, Li Weiguo and others walked out of the cabin and looked at the familiar Victoria Harbour scenery not far away, and couldn't help but smile.

He actually didn't expect that he would play for such a long time this time.

He had already paid the translation fee, so after getting off the plane, Lin Haoran parted ways with the other party.

Qingzhou Yingni Company is not far from the airport. Since he is back in Hong Kong, he might as well go to Qingzhou Yingni for a walk first.

When I arrived at Qingzhou Yingni Company, I found that there was no major change in the company and the factory was still in a busy state of work.

After returning to the office, Burton, who had received the news, came over shortly with a stack of documents in his hand.

"Boss, this is the information about the Luzon Cement Plant we purchased. I have personally inspected it. The facilities there are complete. We can start production by changing the process and equipment." Burton respectfully handed the information to Lin Haoran's desk.

A week ago, when Lin Haoran called Burton, Burton reported to him that he had acquired a cement factory on the verge of bankruptcy near Manila, Luzon Island, for a total cost of HK$238 million.

The scale of this factory is much larger than that of Huafeng Cement Plant. Once it is operating normally, its productivity will be sufficient to cope with the order volume from Luzon Island.

The land in the suburbs of Manila was much cheaper than the land in Hong Kong. Besides, the original owner of the factory had no intention of continuing to run the business and just wanted to get rid of the trouble as soon as possible, so he eventually sold it to Qingzhou Yingni Company at a loss.

Before Khalil Centurion left, the company still had more than HK$8 million in available funds.

This was also thanks to Lin Haoran's decisive acquisition, which left Halil Centurion with no time to react. Otherwise, Halil Centurion would have found a way to eat up most of the more than 8 million Hong Kong dollars.

Lin Haoran opened the document, which contained detailed information about the cement factory and many photos.

"This cement factory eventually went bankrupt due to poor quality, right? The reason why our Qingzhou Yingni can dominate Hong Kong and Macau is most importantly because our quality is good enough. So even though we have taken over this factory, we must ensure that our quality meets the standards before we start production. The Qingzhou Yingni brand has been around for almost a hundred years, and I don't want to ruin the reputation of this brand after I take over!" Lin Haoran said as he flipped through the documents.

"Boss, I understand. I will strictly control the quality!" Burton said solemnly.

"Speaking of which, there is a Huafeng Cement Factory in Yuen Long. Did you know about it?" Lin Haoran asked after putting down the information.

“I heard about this cement factory after I joined Qingzhou Yingni Company, but I didn’t know much about it. I heard that Huafeng Cement Factory’s plant is not small in scale, but its production capacity is not very good. The quality of its cement is slightly worse than ours, and it doesn’t have many customers. It does not pose any threat to our Qingzhou Yingni Company at all.

"Boss, our Qingzhou Yingni Hung Hom factory has actually reached a bottleneck in terms of production. With the booming real estate industry, market demand is growing, especially after the development of overseas markets. Even if we produce 24 hours a day, the production is still insufficient. Do you think we can merge with Huafeng Cement Factory?" Burton said, his eyes lit up.

"This factory is mine." However, Lin Haoran said with a smile.

"Oh, boss, Huafeng Cement Factory is yours?" Burton was a little surprised. "Yes, this cement factory was originally owned by my father Lin Wanan, and later it was given to me, but I didn't take care of it much." Lin Haoran nodded.

Indeed, he really didn't take care of it much. After traveling through time, he left Huafeng Cement Factory early. Now he doesn't care much about the situation there.

After all, he really doesn't care about those who earn him hundreds of thousands or even hundreds of thousands a month.

Not only that, various certificates of Huafeng Cement Factory have now been mortgaged by him to Yumin Financial Company.

"Boss, why not let Qingzhou Yingni buy the Huafeng Cement Factory." Burton's eyes lit up. It's the boss's private enterprise, so it would be easy.

"Not yet. Let's wait until the middle of next year. Then I will merge Huafeng Cement Factory into Qingzhou Yingni Company." Now that Huafeng Cement Factory is a mortgaged enterprise, he can't merge it even if he wants to.

This was also a strategy he had already thought of.

The Qingzhou Yingni Cement Plant will have to relocate sooner or later, but with the Huafeng Cement Plant as a backup factory, the relocation will be worry-free.

Although Huafeng Cement Plant owns more than 30,000 square meters of land, less than half of it is actually being used, and there is still a lot of room for improvement in production capacity.

In addition, once the process is changed, not only will the quality of the cement be better, but the production speed can also be increased.

After all, the nearly 100-year history of Qingzhou Yingni is not comparable to that of Huafeng Cement Plant.

Burton nodded and said, let's do it next year. Anyway, Qingzhou Yingni is not in a hurry to set up a branch factory now.

Once the factory in Manila starts production, the pressure on the Hung Hom factory will be much less.

Therefore, there is no rush for the merger of Huafeng Cement Plant.

"There is one more thing I want to report to you." Burton said, handing another document to Lin Haoran.

This is a document for commercial rent collection.

At the headquarters of Qingzhou Yingni Company, in addition to the factory area, there are three commercial buildings.

In front of the building is a busy cement factory.

Behind the building is the bustling Hung Hom commercial district.

Although Hung Hom has a very advantageous geographical location due to its airport, it was once far behind Tsim Sha Tsui, Mong Kok and other places in terms of commercial development.

However, with the rapid increase in Hong Kong's population in recent years, the business atmosphere in Hung Hom has gradually become stronger.

Moreover, although Ching Chau Cement Company says it is in Hung Hom, it is actually next to Tsim Sha Tsui, and the distance to Tsim Sha Tsui is much closer than to Kai Tak Airport.

Because of this, the occupancy rates of Qingzhou Yingni Company's other two buildings, Qingdao Building and Qingbao Building, are quite good. These two buildings have generated more than HK$2 million in rental income for Qingzhou Yingni Company every year in recent years.

Lin Haoran carefully reviewed the document, frowned slightly, then looked up and asked, "Is there any problem here? I think it's fine."

"Boss, of course there is a problem. A building with 20 or 30 floors in Tsim Sha Tsui is enough to sell for hundreds of millions of Hong Kong dollars. Although our Qingdao Building and Qingbao Building only have a dozen floors, their true value is immeasurable.

A building only generates more than one million Hong Kong dollars in profit a year. I think this income is too low. Although the rents around Hung Hom are about the same price, our rental price is not cheaper than the surrounding areas, but I hope they can create more value, so I thought of a way. This is my other development plan. Please take a look, boss. "

As he spoke, Burton handed Lin Haoran another document.

"Plan for the commercial reconstruction of the ground floor of Qingzhou, Qingdao, and Qingbao?" Lin Haoran looked at the plan handed over by Burton in surprise.

"That's right, boss. I think that with the development of the times, our Qingzhou Yingni is getting bigger and bigger. We should start to explore the path of diversified development. Just like the leasing of our two buildings, it is actually a kind of diversified development, but the business we develop is relatively simple property.

Opposite the three buildings, many businesses have been set up. The Anyun Road next door has even been turned into a pedestrian street, so the commercial atmosphere in our area is actually very strong.

Since the business in Hung Hom has developed, why don't we follow the trend and turn the ground floors of the three buildings into a commercial model? Just like the street shops in other commercial buildings, 20 to 30 square meters can be rented for several thousand Hong Kong dollars per month, and we rent out offices of 100 to 200 square meters for only a few thousand Hong Kong dollars per month. The difference is huge.

At present, the first floors of the Qingbao and Qingdao buildings are simply rented out as restaurants, and the occupancy rates of the second and third floors are too low. Few people like to work on the lower floors, and the three lower floors of Qingzhou Building are basically not used.

So why don't we renovate these three buildings, build corridors between them, and change the business model to that of Women's Street. The three floors of our three buildings together have an area of ​​more than 100,000 square feet, which is enough for us to build many shops. Once we succeed in attracting investment, our rent can be multiplied several times!" Burton expressed his thoughts.

(End of this chapter)