Hong Kong 1980: The Savage Era

Chapter 444 446 [Prepare for a Rainy Day]

It is a historical necessity for popular actors to go solo and start their own film companies, and no one can stop it.

Whoever tries to stop this inevitability will have to pay a price. Not only will their reputation be ruined, but they will also suffer financial losses, and may even lose all their previous profits.

Luo Qihong is not Run Run Shaw, who is stingy by nature. He hopes to "earn one thousand yuan himself and his subordinates to earn 100 yuan", so that he can earn more than one thousand yuan.

Doing so will also accumulate a lot of good karma, and accumulate some merit and popularity for the family, which will be of some use in the future to a greater or lesser extent.

Besides, Luo Qihong makes enough money, so there is no need for him to take it all.

"Luo Sheng is right. Sixth Uncle is a typical example. Baoxiang Film Company cannot follow in his footsteps. We must keep up with the development of the times." Hong Jinbao said in a deep voice.

Hong Jinbao is a loyal person, but his loyalty is to his friends. He does not have much loyalty to Luo Qihong, but he will not retaliate against him either.

"This is indeed beneficial for the future, but the company's profits will still decline," said Sham Kin-hun.

"The decline in profits is caused by the market. We need to expand the market. The mainland has a large population and can be our export target. There is also South Korea, which admires Hong Kong's culture and can also be a focus of development," said Luo Qihong.

"The mainland's population is indeed large, but the economy is not so good that it does not help much in increasing corporate profits. We can focus on South Korea, however." Cen Jianxun's vision was a bit short-sighted.

"The economy needs to be developed slowly. Hong Kong's economy was not doing well before, and movie box office revenues rarely reached tens of millions. But now, aren't there many movies that make tens of millions? What we need to do is to occupy the market first and find a way out for the company. Don't be too short-sighted." Luo Qihong said bluntly.

Cen Jianxun began to feel a little proud, and this also gave Luo Qihong the idea of ​​starting a new business.

In fact, both Sammo Hung and Patrick Tam have their own film companies, and the money they earn is enough to support them for a lifetime.

Therefore, there were many conflicts between the two, but the relationship was maintained only because Sammo Hung did not care.

The three discussed some other things and ended the meeting.

Luo Qihong came to Hong Jinbao's office alone and wanted to talk about something.

"Mr. Hong, I won't beat around the bush and will just say it directly. Cen Jianxun has been doing a lot of small things recently and has taken away some of the company's profits. I originally didn't want to pursue the matter, but from today's perspective, it seems that Cen Jianxun is a little out of touch with the times." Luo Qihong said with a grim expression.

Hong Jinbao remained silent. On one side was his old friend and partner, and on the other side was the company's major shareholder and the top business tycoon in Hong Kong. He didn't want to offend anyone.

"I know Mr. Hong is in a difficult situation, and I don't want to be a bad guy, so let Cen Jianxun stop." Seeing Hong Jinbao nodded, Luo Qihong changed the subject and said, "I think Cen Jianxun is unwilling to deal with the special effects and animation company. Is Mr. Hong interested?"

Hong Jinbao frowned and said, "Luo Sheng means that the two of us should start a new company together?"

"Yes, I approached Hong Sheng because I was attracted by your connections in this industry, and I think Hong Sheng is reliable." Luo Qihong said bluntly, "I can provide the funds. I can give Hong Sheng 5% of the equity for free. If Hong Sheng wants more, he will need to pay an equal proportion of funds. The maximum shareholding cannot exceed 12%."

Sammo Hung was well aware of Lo Chi-hong's power. Since Lo Chi-hong wanted to go it alone, he would not fail. Moreover, as a veteran in the film industry, he was well aware of the future direction of the film industry.

"How much does Mr. Luo plan to invest?" "Let's start with an initial investment of 5000 million. If it's not enough, we can raise more funds. However, Hongsheng's 5% will not be diluted." Luo Qihong said.

This 5% equity that will not be diluted is a huge temptation. As long as the company does not go bankrupt, Hong Jinbao will not be poor.

"Mr. Luo, I need to think about it and I will reply you as soon as possible." Hong Jinbao said excitedly.

"Okay." Luo Qihong certainly would not force Hong Jinbao to make a decision immediately.

This is a small matter for him, but a big matter for Sammo Hung, and it may cost him everything.

The Xiangjiang container terminal is centered in Kwai Chung. The terminal was tendered in 70, the integrated terminal was officially opened in 72, and by 76, five terminals were put into use.

Xiangjiang Container Terminal is known as one of the world's four major container ports along with New York in the United States, Rotterdam in the Netherlands, and Singapore.

In the future, Hong Kong's container terminal will surpass the other three and become the world's number one, and will remain number one for many years.

Kwai Chung Terminal is mainly jointly operated by Hong Kong International Terminals Company, Modern Terminals Company and Sea-Land Terminals Company.

香江国际货柜码头公司拥有4、6、7号三个码头，现代货柜码头公司拥有1、2、5号三个码头，海陆联运货柜码头公司只有一个3号码头。

Asia Container Terminals, in which New World Development holds a 39% stake, has built Asia's largest container distribution center at Pier 3, covering an area of ​​590 million square feet. It is the world's largest multi-story direct container freight warehouse building. New World also holds a 13% stake in Sea-Land Container Terminals.

Bidding naturally requires bidding qualifications. None of Luo Qihong's companies have business or experience in container terminals, so he can only acquire from the above-mentioned companies.

The owner of Hong Kong International Terminals is Hutchison Whampoa. The major shareholders of Modern Terminals include Wharf Holdings, European Shipping Services, British P&O, China Merchants Group, Swire Group, HSBC and Jebsen & Co., and it is managed by Wharf Holdings.

Luo Qihong had no room to intervene in these two companies, so the only one left was the sea-land intermodal container terminal company, which was an American company. Now there was the impact of conflicts between countries, so he had a great chance of taking it over.

However, the strength of the Sea-Land Intermodal Container Terminal Company is very weak, and it is difficult to defeat the enemy.

So, he plans to bid together with Modern Terminals.

Of course, Hutchison Whampoa will inevitably interfere. Luo Qihong is thinking about how to deal with Li Jiacheng.

Fortunately, foreign capital at that time did not dare to invest too much in Hong Kong and was thinking of withdrawing some investments. This environment gave Luo Qihong a better opportunity.

So after acquiring 55% of the shares of Sea-Land Container Terminals, Luo Qihong quickly found Jebsen & Co., European Shipping Company and British P&O Shipping Company and acquired 39.9% of the shares of Modern Terminals, becoming the company's largest shareholder.

You have to know that the Wharf Group only holds 25.8% of the shares of Modern Terminals. However, the Wharf Group has the support of other shareholders, so it is still difficult for Luo Qihong to seize power, and he also does not want to offend the Wharf Group.

(End of this chapter)