I Want To Be a Rich Man on Hong Kong Island

Time flies, years change, and it is a new year in a blink of an eye.

After New Year's Day in 1967, Wu Guangyao began to conduct frequent in-depth investigations on the subsidiaries of various group companies, and held group management meetings;

Why do you want to do this?

Only Wu Guangyao himself knows that the 'big era' belonging to the Wu family is really coming!

Universal Group, Chairman's Office.

Wu Guangyao carefully checked the information of a total of 205 ships in the global shipping, so as to know what he knew.

The number of ships is indeed a bit more, but there is no way around it!

Who told Wu Guangyao to develop shipping early, when the shipbuilding technology at that time could only produce oil tankers of 30,000 to 50,000 tons!

The 205 ships have a total deadweight of 17 million tons, including 13.55 million tons of oil tankers and 3.45 million tons of cargo ships (including container ships).

The situation of oil tankers is: 15 30,000-ton oil tankers, 48 ​​50,000-ton oil tankers, 42 100,000-ton oil tankers, 10 150,000-ton oil tankers, 25 200,000-ton oil tankers;

The situation of cargo ships is: 25 30,000-ton bulk carriers, 20 50,000-ton container ships/bulk ships, 10 70,000-ton container ships, and 10 100,000-ton container ships.

The vast majority of the charter contracts for these ships ended in the first half of this year, and then they did not renew the long-term lease contracts;

There are only ships with a deadweight of less than 2 million tons, and the long-term contract will end in the second half of the year, and it will be even less likely to renew the long-term contract by then;

Because, the Suez Canal began to close in June, and it will last for eight years.

After knowing it in his mind, Wu Guangyao put away the information on global shipping and checked the time. It was time for the high-level meeting.

Seeing Wu Guangyao walk into the meeting room, the executives of the "Chairman" stood up and said hello.

"Everyone, sit down and get ready for a meeting!" Wu Guangyao pressed his palm down, motioning for everyone to sit down.

Wu Guangyao never brought manuscripts to meetings. He thought of what to say. After all, he was just grasping the general direction, and the details were handled by his own management.

"Minray, you should give a report first!" Wu Guangyao first ordered Mindray, the president of Hong Kong Island Airlines.

at this time,

The development prospect of the aviation industry has gradually become clear, and the technological development of the aviation industry is becoming more mature.

This is all thanks to the economic situation in the world, as well as the maturity of jet aircraft technology.

However, Hong Kong Island Airlines occupies a favorable location. According to international practice, the Hong Kong government implements one route for one company: for example, a route from Tokyo to Hong Kong is only allowed to operate by one of the airlines in Dongying; Set up flights for each route, the number of flights is equal, how many times you fly a week, Hong Kong Island Airlines will fly a few times a week, everyone must be the same.

This kind of policy of the Hong Kong government is very beneficial to Hong Kong Island Airlines!

Of course, this situation is not absolute!

As far as Wu Guangyao knows, before the reunification of Hong Kong Island in his previous life, mainland airlines opened flights to Hong Kong, which once reached nine to one, far ahead of Cathay Pacific;

However, in this life, the route north of Hong Kong Island belongs to Hong Kong Island Airlines, and Hong Kong Island Airlines belongs to Chinese capital. Naturally, Wu Guangyao does not allow this to happen!

Because the mainland routes will be the biggest profit of Hong Kong Island Airlines in the future, so it is natural to strive for more flights, and the situation of three to one is almost the same;

Wu Guangyao believed that the other party would never dare to offend him in this regard;

With the usual gentle approach on the other side, Wu Guangyao is their most important wooing target.

"Chairman, colleagues! Hong Kong Island Airlines currently owns 7 Boeing passenger planes (198-passenger passenger planes) and 3 Viscount passenger planes (88-passenger passenger planes). Last year's profit was US$7.1 million. However, in view of the development prospects of the aviation industry, Hong Kong Island Airlines needs to continue to invest in the purchase of passenger aircraft to ensure sufficient competitiveness. Therefore, it is expected that in the 1960s, it will not be able to bring profits to the group (shareholders). "

Wu Guangyao nodded. He agreed with Mindray's last words!

The aviation industry itself is an industry with large investment and late return.

Wu Guangyao predicts that the era of Hong Kong Island Airlines’ real money (cash out) will have to start in the 1980s;

At that time, with the opening of mainland routes and the busy Korea/Japan routes, Hong Kong Island Airlines will naturally surpass Cathay Pacific Airways' business.

Wu Guangyao nodded and commented: "Don't worry about investment, our group absolutely supports you; when you say you can distribute dividends, our shareholders will distribute the money at any time."

Everyone laughed, the boss is very humorous!

Mindray was also quite excited at this time, he never expected that the boss would trust him so much, he could even decide when to let the shareholders share the money!

Mindray thought for a while, and then said: "Boss, Swire \u0026 Pacific has raised 50 million Hong Kong dollars to expand the aircraft hangar by splitting Cathay Pacific and the aircraft maintenance company, and then listing the aircraft maintenance company; I don't think we can If we are lagging behind, we should immediately list the Hong Kong Island aircraft maintenance company, expand our hangars, and recruit some maintenance engineers.”

Mindray's words made Wu Guangyao think about it, mainly because he needed time;

In May of this year, the biggest crisis will occur on Hong Kong Island. At that time, a large number of rich people and capital will flee, real estate will plummet, and the stock market will plummet;

Soon, Wu Guangyao decided to agree with Mindray's opinion, and listed Hong Kong Island Aircraft Mechanics Company to raise funds to buy land to build hangars and increase the strength of machine repairs.

Because, it is January now, if it is listed in March and April, the stock market must still be booming, so naturally there is no need to worry about failure in raising funds!

After the fundraising was completed, the stock price plummeted and gave Hong Kong Island Airlines a chance to redeem some of its shares and buy land at a low price.

After thinking about it, Wu Guangyao said: "Yes, yes! You guys come up with a plan as soon as possible to list the machine repair company; moreover, I decided to give a benefit to all the middle and senior leaders of the group, which will be funded by the group, with executives holding 3% of the shares The 2% stock plan of the machine repair company held by the middle management can be regarded as an equity incentive!"

As soon as Wu Guangyao finished speaking, everyone in the conference room burst into joy and expressed their thanks to Wu Guangyao!

"Mr. Sandas, HSBC has no objection!" Wu Guangyao looked at Sandas with a smile.

"Naturally, I have no objection. The management has contributed a lot to the group's achievements today, which is what they deserve." Sanders said with sincerity on his face.

I have to be sincere, because if it offends the management of the entire Universal Group, HSBC will not be worth the candle.

As for the Hong Kong Island Aircraft Mechanics Company, the market value is at most 150 million Hong Kong dollars, and the 5% of the shares are only 7.5 million Hong Kong dollars. This amount of money is really nothing.

Wu Guangyao is also practicing the equity reward policy that he has consistently pursued for so many years, so rewarding everyone with listed shares in a secondary subsidiary is considered the most generous boss on Hong Kong Island.

Next, Wu Guangyao named Li Ming from Global Terminal to give a report.

Li Ming's first words excited the HSBC duo.

"Global Terminals currently has 22 container terminals and last year (1966) made a profit of $12 million"

After all, the container terminal is still in the development stage, and the main reason for its high profit is that the global terminal service company has connected the container terminals around the world.

This is a great advantage, an advantage that even the United States has not achieved.

Therefore, many container shipping companies are willing to choose Global Terminal as their partner, without worrying about any problems, Global Terminal provides one-stop service.

After Wu Guangyao listened, he urged: "The terminal service system ultimately depends on the computer system. The United States has entered the era of integrated circuit digital machines. You should come up with a plan as soon as possible! Again, we must be ahead every step of the way, not One step ahead."