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Chapter 76 Refutation (Subscription Request)

Perhaps because he was busy with work, Lin Wanan did not return until around seven in the evening.

After returning home, he did not ask Lin Haoran immediately. Instead, he had dinner with his wife and children before calling Lin Haoran to the study.

"Daddy." After Lin Haoran entered the study, he found a place to sit down casually.

"Hao'er, are you hiding any secret from your dad?" Lin Wanan looked directly at Lin Haoran.

"Daddy, what do you know?" Lin Haoran was very curious.

Lin Wanan took a copy of "Hong Kong Business Daily" and handed it to Lin Haoran.

When Lin Haoran saw the announcement in the newspaper, he suddenly realized and finally understood where Lin Wanan got the news from.

Before this, Lin Haoran had secretly wondered whether his father had learned about this from Bao Yugang or Li Jiacheng’s casual conversation when he met them by chance.

After all, we all live in Deep Water Bay, and it is normal for neighbors to meet occasionally.

"That's right, Dad, the person mentioned in the newspaper is me." Lin Haoran admitted frankly, with a hint of relief in his tone.

Hearing his son admit it himself, Lin Wanan finally felt relieved.

For him, no matter how his son became the major shareholder of Qingzhou Yingni, it is ultimately good news that is worth celebrating.

"Well, now you can tell Daddy in detail how many things you have hidden from Daddy? How did you end up owning 13.7% of Qingzhou Yingni's shares?" Lin Wanan spoke again, his tone full of inquiry and expectation. He hoped to know more about his son's affairs and experiences.

"Dad, I was very interested in the stock market when I was in college. After returning to Hong Kong, when I was managing the Huafeng Cement Factory, I made a special study of Hong Kong's listed companies.

After research, I found that the share price of Ching Chau Ying Cement was seriously low, which was far from the actual value of Ching Chau Ying Cement. What attracted me most was that Ching Chau Ying Cement owned such a large piece of land in Hung Hom.

With the speed of development in Hong Kong, it is only a matter of time before the cement factory moves out of the city center. If commercial buildings are built entirely on this land, its value can be multiplied many times.

What makes me even more excited is that the largest shareholder of Ching Chau Cement holds only 12.6% of the shares, which is only HK$ million in market value.

I realized that this was a great opportunity and that by secretly acquiring shares, I might be able to take control of the company.

So I was tempted, but if you want to acquire Qingzhou Yingni, the most important thing is to have money!
Loans are the easiest way to get money, but loans have to be repaid. Even if you acquire shares in Qingzhou Yingni, you may not have the money to repay the loan when it expires. Therefore, I started thinking again about how to quickly earn my first pot of gold after taking out the loan.

At that time, the stock price of Wharf Holdings had fallen to the bottom, and I keenly sensed the deeper meaning behind Mr. Bao Yugang's acquisition of Mr. Li Ka-shing's shares - he intended to acquire the controlling stake in Wharf Holdings.

I concluded that there would be a fierce battle between Mr. Bao Yugang and Jardine Matheson over the Wharf shares.

So, I made a decisive decision to use Huafeng Cement Factory as collateral and secretly purchased a large number of Wharf shares at a low price.

Originally, I wanted to discuss this with you, Daddy, but I also know your character. He doesn't like to run a business with loans. If I told you about this, you would definitely strongly oppose it, so in the end I chose to hide it from you, Daddy.

As I expected, the share price of Hutchison Whampoa subsequently skyrocketed, and I successfully sold it at a high price of more than 70 Hong Kong dollars, making a huge profit.

After that, I immediately took the first pot of gold I earned and continued to secretly buy shares of Qingzhou Yingni. In this way, I became a major shareholder of Qingzhou Yingni.

Of course, although I have become a major shareholder, Mr. Halil Centurion, the chairman of Qingzhou Yingni, is deeply rooted in the company. Even if I become a major shareholder, I still cannot pry his position. Therefore, I finally became the vice chairman of the board of directors of Qingzhou Yingni as a major shareholder. "

Lin Haoran told his father his experience half-truthfully, which not only demonstrated his business acumen and decisiveness, but also revealed some strategic considerations.

Of course, he would not tell everything. To him, this was a secret and he just kept it to himself.

As Lin Haoran continued his narration, Lin Wanan's brows furrowed more and more, his eyes full of worry about his son's risky behavior.

"Hao'er, your action this time was indeed too risky. But since it's done, I won't blame you any more.

As a father, I am proud of you for what you have achieved at this age.

I just hope that you can be more cautious from now on and never get involved in borrowing money lightly.

Your dad has been running Wan'an Group for many years, and has always adhered to the principle of steady development. We have made steady progress step by step, making our group's debt ratio the lowest among many real estate companies in Hong Kong.

Such financial health enables us to have more resilience and room for maneuver when facing a possible real estate crisis.

Remember, stability is the long-term solution. Don’t ignore potential risks for the sake of immediate benefits.”

Lin Wanan tried to pass on his business philosophy to his son, hoping that he could learn lessons from it and move forward more steadily and further in the future.

However, Lin Haoran naturally did not agree with Lin Wanan's ideas.

To him, his father's business philosophy was too conservative, which was also the reason why Wan'an Group had been developing slowly.

However, deep down, Lin Haoran holds a completely different view of Lin Wanan's business philosophy.

To him, his father’s sound but slightly conservative business philosophy was the crux of why Wan’an Group had not been able to develop rapidly for a long time.

"Dad, I remember that Mr. Li Jiacheng and you entered the real estate industry at almost the same time, right?" Lin Haoran asked back. Hearing this, Lin Wanan lowered his eyes slightly, lost in memories of the past, and nodded slowly: "That's true, Mr. Li Jiacheng and I entered the field of construction and real estate at almost the same time."

Lin Haoran stood up and poured a glass of drinking water for his father and himself, then sat down and continued talking.

"You see, Mr. Li Ka-shing's Cheung Kong Group has now become the leading Chinese real estate company in Hong Kong, and its reputation is obvious to all.

On the other hand, our Wan'an Group, although it has a solid foundation and the lowest debt, can only be regarded as an above-average enterprise in the fiercely competitive market in Hong Kong. Compared with those top giants, the gap is self-evident.

Such examples are everywhere in the business world and are too numerous to mention.

I don't mean to belittle your efforts and achievements, but the facts are before us and we have to face them.

Leaving aside the successful model of British companies, just looking at the giants of Chinese real estate companies, the Fok family, Sun Hung Kai, New World Group, Henderson Land Development...which one of them did not promote its own development by actively seeking external cooperation and flexibly using various resources?
The reason why they can achieve today's glory is closely related to their ability to draw on external forces.

While studying in the UK, I gained extensive knowledge of business management, which is the crystallization of wisdom accumulated across time and space.

They taught me a lesson: in the business journey, the courage to break through and take risks is the only way to glory.

If we stick to the old ways, our achievements will ultimately be limited. Isn’t business, in essence, a never-ending competition and transcendence? "

Now, after achieving a series of achievements, Lin Haoran is full of confidence and courage, and naturally has the courage to refute Lin Wanan.

Originally, he planned to appear to be obedient to his father's views, but continue to follow his own plans in private.

However, during the in-depth conversation with Lin Wanan, his thoughts quietly changed.

After taking over Qingzhou Yingni, Lin Haoran understood that the next focus of Qingzhou Yingni would be how to effectively develop the land in Hung Hom with unlimited potential.

The relocation of the cement plant is an inevitable move.

He has learned in the company these two days that although Qingzhou Yingni had built three commercial building projects, Qingzhou Building, Qingdao Building and Qingbao Building, in the 1960s, they were all outsourced to professional construction teams, and the company itself has no experience in real estate development.

In order to maximize the value of the land in Hung Hom, Lin Haoran believed that it was necessary to seek cooperation with a company with rich experience in real estate development.

And Wan'an Group is obviously a good partner, as it will benefit the company in the long run.

This thought became clearer and clearer in his mind, and even gave him a bolder idea - to let his father retire as soon as possible, take the helm himself, lead the Wan'an Group and Qingzhou Yingni to work together to create a new business.

Once this idea took root in my mind, it could not be stopped like wildfire.

As for the competition for succession within the family, in Lin Haoran's eyes, it was now as insignificant as child's play.

He was no longer willing to waste time waiting for the illusory one-year deadline, because with his current achievements and strength, his elder brother Lin Hao Ning could no longer compare to him.

Faced with his son's blunt remarks, Lin Wanan felt a little upset but could not get really angry.

He knew very well that although his son's words were harsh, they also spoke some truth.

Over the years, he has been reflecting on the gap between himself and industry giants, and why, despite his tireless efforts in running Wan'an Group, he still finds it difficult to narrow the gap with those leading companies, and instead the gap is getting bigger and bigger.

The desire to reach the pinnacle of the business world has never been extinguished in Lin Wanan's heart.

He also dreams of standing at the top of the industry one day and looking down on everyone.

However, his cautious and conservative character made him always choose a relatively stable path, even if it meant giving up some possible risks and opportunities.

At this moment, Lin Wanan looked at his son who was full of confidence and ambition, and felt mixed emotions.

He was proud of his son's growth, but at the same time he felt unprecedented confusion and thinking about his own future.

"Dad, the reason why I don't care much about the Huafeng Cement Factory is because I don't plan to continue wasting too much time there. With my current achievements, let alone giving my elder brother a year, even if I give him twice as much time, it will be difficult for him to surpass me. My goal is very clear, which is to take over Qingzhou Yingni and completely control this large British company!" Lin Haoran continued without waiting for his father to respond.

Upon hearing this, Lin Wanan felt both relieved and worried.

He sighed and said earnestly: "Hao'er, you have lofty ambitions, and your father is sincerely happy. But the situation in Qingzhou Yingni is much more complicated than you think.

Even if you are talented, it is not easy to control this company. Although Khalil Centurion does not hold many shares, his influence on Qingzhou Yingni is deeply rooted, and his influence on other shareholders is difficult for you to shake easily.

Even if I and the Wan'an Group behind you fully support you, it will be difficult for you to win this fight, you are still too young. " "Lin Wan'an sighed and shook his head, not holding out any hope for this matter.

For him, Lin Haoran's goal was too difficult to achieve.

Lin Haoran's current achievements have already surprised him. Holding a controlling stake in Qingzhou Yingni Company? Even Lin Wanan didn't dare to think about it.

I will stay up late tonight to update 10,000 words, and there will be more to come.

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(End of this chapter)