In Hong Kong, we build a global business empire

Just as Su Zhixue said, it will take at least two months for Huanyu Investment Company to reach a 30% shareholding ratio, so Lin Haoran is not in a hurry to take over the Swire Properties Group.

Time flies. In the blink of an eye, more than a week has passed and it is July 1980, 7.

At around three o'clock in the afternoon that day, Lin Haoran appeared in the reception room of Hong Kong's Kai Tak International Airport.

Liu Luanxiong went to the United States a week ago and returned from there today.

While in the United States, Liu Luanxiong discovered a fact that was hard for him to accept.

He visited many electronics stores in the United States and found that the sales of fans had declined to varying degrees.

Although the decline was not large, people like Liu Luanxiong could naturally see a glimpse of the future trend of the fan industry.

Moreover, it is not just the United States. According to feedback from Mexico and Canada, like the United States, they have also experienced declines to varying degrees compared to last year.

This made Liu Luanxiong worried.

Although Lin Haoran had told him before that the fan industry in North America would become saturated sooner or later.

But when he really saw it, he still found it hard to accept it.

After all, in the past two years, Aimego Company has created wealth for him that was unimaginable in the past.

You know, more than two years ago, when he left the family, he didn't even have a few thousand Hong Kong dollars on him.

Thanks to the tens of thousands of yuan he borrowed from his father-in-law, he was able to open the Aigo Fan Factory in partnership with his friends.

After the investment from partner Lin Haoran, Aigo Company had an opportunity for rapid development.

Therefore, by now, Liu Luanxiong has already become accustomed to the large volume of orders from Aigo Company.

Last month, the order volume of Aigo Company did surge, but many dealers prepared stocks in advance, which made the order volume last month not lower than the same period last year.

But by July, dealers found that sales were not as expected, and their orders to Aigo naturally began to decrease.

This is also the reason why Liu Luanxiong went to the United States last week.

After the investigation was completed, Liu Luanxiong called Lin Haoran from afar and told him what he had seen and heard in the United States, his tone full of discouragement.

Lin Haoran didn't try to persuade him too much, but after getting his flight information back to Hong Kong, he decided to come and pick him up at the airport.

In Lin Haoran's opinion, the time has come to plan for the listing of Aigo!

If it were before, since the order volume of Aimego was very good, Lin Haoran might have needed to persuade Aimego to go public.

But now that sales are showing signs of decline, it becomes much easier to convince Liu Luanxiong.

At 3:43, Lin Haoran was sitting on a chair in the arrival hall and finally saw Liu Luanxiong holding a suitcase.

Liu Luanxiong did not bring any bodyguards with him. He felt that he spent most of his time in the factory and not many people knew him. He was not a well-known figure either, so he never thought about hiring a bodyguard.

This time I went to the United States, I went alone, without even bringing my wife.

Of course, Lin Haoran had no idea whether he had experienced the exotic culture in the United States alone.

However, based on his understanding of Liu Luanxiong, it might be possible.

"Hey, Haoran, you actually came to pick me up at the airport?" Liu Luanxiong was a little surprised when he saw Lin Haoran.

After all, in his opinion, although the two are partners, their status is very different.

If it weren't for Lin Haoran investing in Aigo and becoming his partner, Liu Luanxiong even felt that even if he was a billionaire, he might not have the opportunity to deal with Lin Haoran.

There are not many billionaires in Hong Kong, but there are definitely several hundred of them.

Before 1978, there were far fewer billionaires than there are today.

However, the skyrocketing real estate prices in the past two years, coupled with the bull market in the stock market, have created many new billionaires in the past two years.

House prices often double or triple, and the stock market often multiplies several times. In such a market situation, it is not a problem for the number of billionaires to multiply several times.

"Isn't it normal for me to come to pick you up at the airport?" Lin Haoran laughed.

Lin Haoran's arrival did indeed move Liu Luanxiong.

"Let's go back to the company. This is not the place to talk." Looking at the people around him, Lin Haoran continued.

Although Liu Luanxiong is now a billionaire, in order to manage Aigo, he moved directly into the factory with his wife and son who was born last year. He bought a three-bedroom, one-living-room house in the factory building of Aigo to live in, so as to facilitate the management of the company.

During this period, Liu Luanxiong really worked hard for his career.

Around him, there were many travelers who had just arrived in Hong Kong from other places or people who came to pick up passengers at the airport. Many of these people had already recognized Lin Haoran, the famous Hong Kong tycoon, and some were even eager to come over and say hello to him.

Therefore, Lin Haoran did not plan to stay here for long.

With the development of Hong Kong's economy, the passenger flow of Hong Kong's Kai Tak International Airport has increased year by year, and it has already become one of the busiest airports in the world. At this moment, although the passengers around are mainly Chinese, whites and blacks are not uncommon.

Especially white people, if you look in any direction, at least 20 to 30 percent are foreigners.

After all, foreigners in Hong Kong are considered high-income groups, and a higher proportion of them take flights.

Liu Luanxiong nodded, followed Lin Haoran out of the airport reception hall, and came to the parking lot outside.

Sitting in Lin Haoran's Rolls-Royce, Liu Luanxiong looked around the interior with some envy.

However, with his current net worth, buying a Rolls-Royce is just a piece of cake, but Liu Luanxiong still feels that it is not necessary.

Although he has been a billionaire for a long time, he is still making his fortune quietly and spends most of his time in the factory. He has not yet gotten used to a luxurious life, even though he has been a rich second-generation since childhood.

Kai Tak International Airport is located in Hung Hom, only about two kilometers away from the AMG factory in Kwun Tong, which is very close.

So, just a few minutes later, the Rolls-Royce slowly stopped downstairs of the company.

The two returned to the office one after the other.

"Don't you want to go back and see your wife and children first? Your wife is upstairs." Lin Haoran turned and looked at Liu Luanxiong and said with a smile.

"Don't worry, my wife and children are there and can't run away." Liu Luanxiong said nonchalantly.

"How do you feel about your trip to the United States this time?" Lin Haoran asked, sitting in the office with his legs crossed.

On the phone, Lin Haoran didn't talk much with Liu Luanxiong, he just told him to talk after he came back.

"I have a lot of feelings, but I can feel that the trend of electric fans may be over. Just as you said before, although we can still make money in the future, it is impossible to have huge profits like in the past two years. Haoran, you guessed it right!" Liu Luanxiong said with some emotion.

Last year, Lin Haoran told Liu Luanxiong that the benefits period of Aimego Company would only last for more than a year at most.

At that time, Liu Luanxiong didn't take it seriously. Although he didn't refute Lin Haoran's words, he didn't really agree with what Lin Haoran said in his heart.

But after going to the United States to investigate the decline in orders this time, he already knew that what Lin Haoran said last year was absolutely correct!
“After next year, orders will definitely plummet, so you have to be prepared. The sudden surge in demand for fans in America is obviously due to several reasons, especially the oil crisis.

Although we are currently in the midst of an oil crisis, the past year or so has been enough for most people who originally had a need for electric fans to buy them. Fans are not disposable items, but can be used for many years after purchase, so saturation is normal.

What's more, places like the United States and Canada are not particularly hot. I had already thought about this when I first invested in the company.

In the past two years, Aimego has made a lot of money due to the surge in demand for electric fans in the North American and European markets, with annual profits exceeding HK$300 million. However, I predict that once these markets are saturated, Aimego's annual profits will drop sharply to HK$10 to 20 million a year, or even lower.

I guess you will find it hard to accept this contrast for a while, but this is the reality, this is the return to normal, the manufacturing industry cannot always make huge profits. "Lin Haoran laughed.

It was only July and the order volume began to show a downward trend, which Liu Luanxiong found difficult to accept.

Originally they all thought that orders would be very strong in June, July, August and September, but with the current trend, it would be great if they could achieve two-thirds of last year's performance this summer.

But Lin Haoran had already been mentally prepared, so he was not surprised at all.

Liu Luanxiong nodded. Although he knew this was very possible, he still felt uncomfortable in his heart.

If this is really the case, then he has no choice but to change his career. Accustomed to making tens of millions of Hong Kong dollars in profit every month during the peak season, if there is a sudden drop of ten times one day, he really can't stand it, and then he will definitely have to turn to other industries.

After graduating from university, he has been involved in the fan manufacturing industry.

If you ask him to change his career, he really doesn't know what industry to switch to.

Real estate industry? This is indeed a good idea. Last year's investment was enough to make him taste the sweetness. Just hoarding land actually doubled his net worth.

"Haoran, if the fan industry really declines, and I invest all my funds in the real estate industry, do you think it will work?" Liu Luanxiong asked humbly.

Among the people he knew, only Lin Haoran could be considered a real big shot in the business world.

Like his father, he was just an ordinary factory owner and could only be considered an ordinary rich man.

In Liu Luanxiong's opinion, Lin Haoran is definitely a very forward-looking person as he can reach such a height at such a young age.

From the fact that Lin Haoran, an outsider, took the initiative to invest in Aigo, to the fact that Aigo has earned hundreds of millions of Hong Kong dollars in just two years, Liu Luanxiong can see that Lin Haoran is really very capable, and not a puppet spokesperson trained by Citibank as rumored.

“The fan manufacturing industry is, after all, just a small business, and you have considerable financial resources now. It is too easy for you to switch to other industries, whether it is the real estate industry or other industries. However, I suggest that you do not enter the real estate industry for the time being. Nothing can continue to soar, and there will always be a day of depression.

If you want to develop the real estate industry, I suggest you enter the real estate industry when the real estate market is sluggish. However, I suggest you don’t rush to change careers. Aimego’s potential is far more than this. If you operate it properly, your assets may double! "Lin Haoran said mysteriously.

"Double? How is that possible?" Liu Luanxiong was a little unconvinced.

You know, through his land and property investment last year, the market value of the land on his hands has already exceeded 300 million Hong Kong dollars, and it is still rising.

This does not include this year's dividends. If it is counted, plus the future growth of the real estate industry, by the end of the year, he will have assets of at least 500 million!

Double the 500 million assets?
Doesn't that mean he's worth at least 10 billion?
This is too exaggerated, Liu Luanxiong can't even imagine it. (End of this chapter)