In Hong Kong, we build a global business empire

Chapter 301 Landmark Group, Can’t Escape

"These are the newspapers that reported your news in the past two months. I kept them all." Lin Wanan turned around, took out a stack of newspapers from the cabinet in the study and handed them to Lin Haoran.

Basically all the mainstream newspapers in Hong Kong are available, including Oriental Daily, South China Morning Post, Sing Tao Daily, Chinese Daily, Hong Kong Commercial Daily, etc.

Lin Haoran quickly flipped through it and found that, as expected, almost everything that happened to him in London, England was reported.

For example, the news that he, Bao Yugang, Shen Bi and others were received by the Queen;

For example, the news that he had quietly acquired the Shipley Company;
There were even reports that he served as honorary president of the Chinese Chamber of Commerce in the UK.

From this we can see that these media in Hong Kong are very well-informed!
"By the way, Haoran, it's rare to see you. I just happen to have something I want to ask you." Lin Hao Ning changed the subject and said in a serious tone.

"Oh? Big brother, just tell me if you have anything to say. We are brothers!" Lin Haoran said with a smile after putting down the newspaper.

Now, the gap in status between him and Lin Hao Ning has become increasingly larger.

With Lin Hao Ning's current net worth, he is considered a well-known billionaire in Hong Kong.

But compared with Lin Haoran, there is a world of difference.

Lin Hao Ning, who has seen the reality clearly, now treats his younger brother with special respect.

"This summer, I found that although my Wanfeng Fan Factory still has a lot of orders in North America, they have dropped a lot compared to last year, and several dealers have reduced their order volumes. Do you think I should continue to focus on manufacturing fans or reform the company?" Lin Hao Ning asked humbly.

As the order volume of Aigoo Corporation decreases, the order volume of Wanfeng Fan Factory will naturally decrease as well, and it will decrease faster than that of Aigoo Corporation.

After all, Wanfeng Fan Factory is now focusing on the North American market.

Ever since he tasted the sweetness of several times the profit in the North American market, Lin Hao Ning no longer looked down upon the market in the Middle East.

Therefore, they simply gave up orders from the Middle East market and focused directly on the North American market.

From last year to this year, he has indeed made a lot of money from the North American market. After more than a year, although the profit did not exceed 100 million Hong Kong dollars, it was still 70 to 80 million Hong Kong dollars.

If it were in the past, when Lin Hao Ning was focusing on the Middle East market, it would take him at least ten or eight years to make this kind of money from Wanfeng Fan Factory.

But just over a year had passed and orders for their Wanfeng Fan Factory had dropped significantly. Faced with this situation, Lin Hao Ning naturally became anxious.

“I think you have already felt the situation in the North American market. The reason for the decline is that the market is close to saturation and future demand is unlikely to be the same as last year.

The decline in demand in the North American market is inevitable, but if you can accept this, the North American market may still bring you profits. Despite the decline, it is still better than the Middle Eastern market in terms of competition and profit margins.

Therefore, my suggestion is that if you cannot accept the decline in revenue due to reduced orders, then you can consider diversifying your business. Wanfeng Fan Factory and my Aimego Company are both highly dependent on foreign trade, that is, overseas markets.

You do not need to limit yourself to the fan field, you can try to find other suitable products to produce. As for what to produce specifically, you need to communicate with overseas suppliers yourself, understand their needs, and then produce them in a targeted manner. If the OEM business can grow, there will be a place for you in the future manufacturing industry.

Of course, if you are used to high profits, Wanfeng Fan Factory may not be able to meet your expectations at present. In this case, you can consider selling the fan factory. With your current net worth of hundreds of millions of Hong Kong dollars, it can be compared to the wealth before Daddy divided the family property with us. No matter which industry you want to enter, you have enough capital support. "Lin Haoran said after some thought.

Today, Lin Hao Ning, in terms of wealth, is indeed comparable to or even surpasses the previous Lin Wan'an.

Because Lin Haoran had previously reminded Lin Hao Ning to purchase land and properties, and in addition, he also helped him enter the North American market.

Therefore, Lin Wanan has made a lot of money in the past year or so.

In particular, his cash flow was basically in line with Lin Haoran's advice and was all used to buy land or commercial buildings.

After a year of appreciation, the value of these lands and commercial buildings have more than doubled, plus he has earned tens of millions from the fan industry.

In this case, if we carefully calculate based on the market value, Lin Hao Ning's wealth has even exceeded 400 million Hong Kong dollars.

Lin Haoran's words made Lin Hao Ning think deeply.

While Lin Hao Ning was thinking alone, Lin Wanan also started chatting with Lin Haoran.

The two of them talked mostly about Lin Haoran's time in the UK.

Especially about Tang Kun.

The two were indeed very close friends. Tang Kun cared very much about Lin Wanan who was far away in Hong Kong, and Lin Wanan also cared very much about Tang Kun who was far away in London, England.

Unfortunately, both of them started to suffer from poor health in their fifties and were no longer suitable for long-distance flights.

"Daddy, have you had a physical examination recently? How is it?" Lin Haoran asked.

"I go for a checkup every month now. The doctor says I am recovering very well, and each result is better than the last. All my old ailments were caused by too many social engagements in the past. Now that I am retired, I have taken good care of myself and all my problems are gone.

Speaking of this, Haoran, Haoning, you must remember not to socialize excessively like me, otherwise it will be bad if your health breaks down at my age. "Lin Wanan warned earnestly. "Daddy, don't worry. With my status in the Hong Kong business community, who can force me to attend social events that I don't want to attend?" Lin Haoran responded with a smile.

"Dad, I'm mainly running the Wanfeng Fan Factory now. Our business is mainly foreign trade. We don't have much business dealings in Hong Kong, so I rarely have social engagements." Although Lin Hao Ning's mind was elsewhere, he also answered his father's words seriously.

The three of them chatted until it was time to eat, then they stopped chatting.

In the evening, the family of four had a sumptuous dinner at home.

After dinner, Lin Hao Ning said goodbye to his parents and Lin Haoran. He was a family man, and it was not appropriate for him to leave his wife and children at home while living in his parents' house.

The next morning, Lin Haoran got up early, had breakfast, and read the newspaper.

Among today's newspapers and mainstream media, only the Ta Kung Pao is still reporting on him, and the content of the article is analyzing Lin Haoran's business case this time.

Apart from this, there was no news about him in other newspapers.

This is also normal, it has been reported, and this incident did not happen in Hong Kong, so it is naturally impossible to report about him every day, and the world cannot always revolve around him.

At nine o'clock in the morning, Lin Haoran said goodbye to his parents, got in the Rolls-Royce, and asked Li Weidong to drive directly to Wanqing Building.

In Burton's office, Lin Haoran chatted with him for nearly half an hour. Burton also seriously reported to him the latest developments of Wan'an Real Estate Company, Qingzhou Cement Company and Kowloon Motor Bus.

In general, nothing special happened in Wanqing Group during this month. All companies developed very well, especially the overseas markets, which expanded at a faster pace.

From Burton's words, Lin Haoran understood that, perhaps because of his closer relationship with Guo Xiaohan, Qingzhou Yingni Company's market expansion speed in Southeast Asia was actually faster.

In addition, Kowloon Motor Bus has obtained the right to operate buses in Penang, which marks Kowloon Motor Bus's official entry into the overseas market. The reason why Kowloon Motor Bus was able to successfully win the bid is also largely due to the contribution of the Guo family.

Lin Haoran couldn't help but think about it.

With his current wealth, he really doesn't need to rely on anyone else, because he himself is the supporter.

But with the help of the Guo family, it seems not bad. The most important thing is that Guo Xiaohan is not only good-looking, but also not a vase who can't do anything.

The favors owed to the Guo family are increasing.

After thinking for a while, Lin Haoran left Burton's office and went up to the 31st floor, where the office of Huanyu Investment Company was located.

As soon as he walked into the office of Huanyu Investment Company, every employee greeted him respectfully.

So, along the way, there were constant greetings such as "Good morning, boss" and "Good morning, boss".

Lin Haoran responded to every greeting with a smile and a nod, and soon arrived at Su Zhixue's office.

Today is September 9th, which happens to be Monday, so it is also a stock market trading day.

So Su Zhixue was not in the office, probably because he was arranging work.

However, Lin Haoran was not in a hurry. He sat on the chair and picked up a document and started flipping through it.

About twenty minutes later, he saw Su Zhixue.

Seeing Lin Haoran in his office, Su Zhixue was a little surprised, but he didn't think too much and just said, "Good morning, boss."

"Well, report to me about the company's latest situation." Lin Haoran nodded in response.

Although Su Zhixue had contacted Lin Haoran in the UK many times before, it was not easy to report too much over the phone. At most, he just simply reported some important things.

"Good boss!"

Then, Su Zhixue took the initiative to report.

Through Su Zhixue's report, Lin Haoran gradually understood the progress of Universal Investment Company on the Jardine Matheson Group and Jardine Matheson.

During this month, although the absorption speed was not fast, Lin Haoran was already very satisfied with the progress.

Before Lin Haoran went to the UK, Universal Investments had already held 26.27% of the shares of Hutchison Whampoa Group. Combined with the 6% stake held by Hong Kong Electric Group, it means that it actually controlled more than 32% of Hutchison Whampoa shares at that time.

Today, one month later, Universal Investments' shareholding has reached 28.83%. Together with the Hong Kong Electric Company's shares in Hong Kong, it actually controls more than 34% or even close to 35% of the shares.

The Jardine Matheson Group basically has no way of escaping.

(End of this chapter)