In Hong Kong, we build a global business empire

Chapter 137 I hope the battle won’t end so soon
Lin Hao Ning didn't care much about Hao Ran's casual reminder at first, but when he thought about his brother's performance in the competition for the successor, he tried to use his connections to negotiate cooperation with a distributor in the North American market. Unexpectedly, he was surprised to find that not only did the North American market have a lot of orders, but the profits had also increased several times.

After that, he began to shift his focus to the North American market, and he became disdainful of the meager profits in the Middle East market.

Although he did not directly lose orders from the Middle East market, he only retained the original customers and no longer continued to expand.

Of course, this kind of thing is definitely not suitable to be publicized. The hard truth is to make a fortune in silence.

However, even if I tell it to others, I guess no one will believe it.

Just like Liu Luanxiong's family, they simply don't believe that there is a place with a larger fan market than the Middle East.

Today, Lin Hao Ning's Wanfeng Fan Factory's orders in North America are certainly not comparable to those from Aigo, but even so, his profits have increased significantly.

Originally, through the connections of his wife's family, he received many orders in the Middle East, and his monthly profit increased directly to one million, and he was already very satisfied.

But unexpectedly, after receiving the orders from North America, the orders did not increase much, but the profits doubled.

Moreover, as long as he works hard to expand the North American market, his profits will increase.

Lin Haoran suddenly realized, no wonder.

Lin Haoran did not regret telling Lin Hao Ning about the North American market.

The North American market is too large, and the market that Aigo can take over is only a small part of it.

It doesn't matter who gets the rest of the market. Lin Hao Ning is at least his big brother in name. The property between them has been divided, so naturally there is no dispute between the two sides.

Moreover, the North American market was already saturated by 1981 at the latest, which means that the time left to make big money in the North American market was running out.

Even if some people gradually discovered that the European and American markets seemed to be good, it was already too late.

"Okay, since big brother is so straightforward, let's finalize the deal tomorrow." Lin Haoran said with a smile.

"Haoer, how do you know that the fan market in North America will be better?" Lin Wanan asked in surprise.

Lin Wanan is very familiar with the fan market. After all, he was the one who founded the Wanfeng Fan Factory, and it has been several years since its establishment. He only handed it over to his eldest son last year.

“When the oil crisis showed signs, I predicted that the North American fan market would surge. Many people would not use air conditioners extensively in hot weather to save electricity.

Fans became the best alternative for saving electricity, so I directly invested in a fan company at that time. Now the fan company's main business area is North America.

Of course, we should just keep this kind of thing a secret and make a fortune, and never reveal it to anyone. No matter how big the market is, if too many competitors come in, things will become very competitive.

Just like the Middle East market, the demand for fans has always been huge, but there are too many competitors, and everyone is fighting a price war, so the profit is naturally low. "Lin Haoran did not hide it.

The fact that Aigo has such a large order volume and profit today is inseparable from Liu Luanxiong's personal ability, understanding of the fan industry, and his connections in North America, many of which are not replicable.

Even if Lin Hao Ning also enters the North American market, it would be great if he could capture a small part of it.

Just like Liu Luanxiong's former partner, Mr. Liang Yingwei, since he sold 20% of the shares of Aimego to Lin Haoran for HK$50, he also used his previous understanding of the fan industry. According to Liu Luanxiong, he has opened a small processing plant which is slightly larger than a small workshop.

However, more than half a year has passed, and he is still doing small-scale business. He will not be able to make a name for himself in North America just because he knows that the North American market is good.

The success of AIMEGO is largely due to Liu Luanxiong.

The initial sales channels were all handled by Liu Luanxiong himself. Mr. Liang Yingwei was obviously not familiar with the matter of opening up sales channels, so even if he started his own business with 20 Hong Kong dollars, it would be difficult for him to achieve much success.

The fact that Lin Hao Ning was able to get some orders from the United States so quickly was obviously due to his connections rather than his personal ability.

As for who the connection is, it is obviously his wife’s family.

"Haoran, which fan company did you invest in?" Not only Lin Wanan was curious, but even Lin Hao Ning was curious.

Although it has been more than half a year since Lin Haoran invested in Aigo, he has never talked about it with anyone, so even his father is not aware of it.

"The Aigo Company in Kwun Tong." Lin Haoran replied with a smile.

There is nothing to hide about this matter. If someone wants to investigate, it can be easily found out.

As for orders, all orders from North America were handled by Liu Luanxiong alone. He knew that this matter should not be publicized, so in fact, except for the finance department, no one in the company knew that the profit of North American orders was so high.

Although Aimego has a lot of orders, in fact, it is not the most in Hong Kong, but its profit is high. Aimego may only need an order of 10 to fans, and the profit will be as much as if others took an order of units in the Middle East.

"Aimego Company?" When Lin Hao Ning repeated this sentence, his voice couldn't help but get louder.

"Is Aigoo a famous company?" Lin Wanan looked at Lin Hao Ning.

After he handed the Wanfeng Fan Factory over to Lin Hao Ning, he no longer paid attention to the situation in this industry. "Dad, you don't know that the Aimego Fan Company is now a very fast-growing enterprise in our Hong Kong fan industry. It was originally just a small workshop, but in just half a year, it has become a first-tier fan manufacturing company in the industry, much stronger than the Wanfeng Fan Factory.

I heard that this company received investment from outside funds and received a large number of orders, which is why it developed so quickly. I didn’t expect that the person who invested was Haoran. "Lin Haoning said in shock.

"Oh? There is such a thing? Hao'er, it seems that I should not have let you manage the Huafeng Cement Factory, but the Wanfeng Fan Factory. In this way, the strength of the Wanfeng Fan Factory might have increased several times." Lin Wanan said with emotion.

However, Lin Haoran didn't think so in his heart. If he hadn't met Liu Luanxiong, he would never have thought of investing in the fan industry.

After all, there are so many industries developing in Hong Kong, and it is impossible for him to invest in all of them.

Moreover, if he were to develop the business on his own, it would certainly not be as easy as investing money in Liu Luanxiong to develop the business.

He knows nothing about the fan industry and only knows that the North American market is very good. Maybe he is now like Mr. Liang Yingwei, making small moves in the fan industry, which is completely useless.

"Dad, you can't say that. If Haoran took over the Wanfeng Fan Factory and devoted himself to developing the fan business, wouldn't he have missed the opportunity to acquire the Qingzhou Yingni Company? Isn't it because Haoran was running the Huafeng Cement Factory that he had the idea of ​​acquiring the Qingzhou Yingni Company?" Lin Haoning said with a smile.

"That's true. Compared to the money earned in the fan industry, taking over Qingzhou Yingni Company is much more impressive. Dad is really getting senile." Lin Wanan shook his head and laughed.

"Brother, it's settled then. I'll wait for you at the Wan'an Group Building tomorrow morning." Lin Haoran couldn't stand the flattery from his family and planned to end the topic directly.

"Okay, I'll bring the stock certificates of Wan'an Group over tomorrow. Daddy, Haoran, it's getting late now. Now that things have been made clear, I'll go back first." Lin Hao Ning looked at the time on the wall clock and said.

"Well, drive carefully and be careful on the road." Lin Wanan reminded.

"Don't worry, Dad. I get it." Lin Hao Ning waved his hand, said goodbye to the two of them, and walked out of the study first.

In the study, only Lin Wanan and his son Lin Haoran were left.

"Haoran, I really don't understand you more and more. I thought I already knew your talents, but I didn't expect you to surprise me more and more. I think the thing I, Lin Wanan, am most proud of in my life is that I have a son like you who is so talented in business!" Lin Wanan sighed, his words full of relief.

If he knew everything about Lin Haoran, he would be even more surprised. There were already quite a few things that Lin Haoran was hiding from him.

For example, investment in oil and gold are the big ones.

"Dad, after all, I went to London Business School for four years. These four years were not wasted," Lin Haoran said with a smile.

After chatting with Lin Wanan in the study for a long time, Lin Haoran left the study and returned to his bedroom.

The night gradually deepened, and the whole world had become quiet, with only the occasional sound of waves crashing not far away.

……

The next morning, Lin Haoran ate breakfast leisurely and read the newspaper at home as usual.

As expected, the price of gold rose again, and in just one day, it rose by $5.3.

Lin Haoran was not surprised by this. After all, in just half a year, the price rose from US$250 to US$850, which was an average increase of US$3 to US$4 per day.

For him, as long as gold does not fall, it is fine. Even if it falls, it will only be a slight drop and temporary, and it will rise again the next day.

In the business newspaper, the focus is still on the bull market of the stock market, and the prices of many stocks have begun to rise sharply.

Lin Haoran also noticed that the final transaction price of Hutchison Whampoa's stock yesterday reached HK$87.9 per share. It is obvious that the battle between Bao Yugang and Hutchison Whampoa is becoming more and more fierce.

However, Lin Haoran does not regret selling Hutchison Whampoa shares too early.

If he had not sold the Wharf Holdings shares early on, earning him his first pot of gold in the true sense, he would not have been able to acquire Ching Chau Ying Ni.

Moreover, the price he sold it at had reached over 70 per share, which is not that much different from the current price of over 80 per share.

Lin Haoran even knew that the final share price of Hutchison Whampoa was HK$105 per share. In the end, Bao Yugang won and Hutchison Whampoa made a profit by selling at a high price.

It can be said that there are actually no losers in this competition.

Bao Yugang won the controlling stake in Hutchison Whampoa and Hong Kong Holdings won a huge amount of money.

Lin Haoran only hopes that their battle will not end so quickly so as to restrain the land.

Because he knew that once Swire lost the competition, it would gain huge amounts of money and start investing everywhere.

The Hong Kong Electric Group will be one of the targets of Hong Kong Holdings.

(End of this chapter)