Reborn in Hong Kong, my cousin is Crippled Ho

Chapter 113 Hang Seng Bank, Zhou Yongshan

At the To Kwa Wan factory, since Xu Neng joined the team, he has been rearranging the machine positions.

In addition to the existing 6 imported production machines, we added an EE65mm single screw granulator, a KM250 horizontal press, and supporting material conveyor belts and drum dryers.

The factory's current production capacity is to process 80 tons of waste materials and produce 65 tons of finished secondary glue flowers per month.

After deducting material, labor, and other production costs.

This factory generates approximately HK$5000 in profit for Lin Yuanshan each month.

In 1963, Lin Yuanshan owned a factory in Hong Kong that generated HK$6 in revenue annually. He was already at the top of the small and medium-sized industrial sector, equivalent to a wealthy middle-class businessman in the local area.

A normal person would probably continue to work in the plastics industry and strive to grow and strengthen their business.

As a reborn individual, Lin Yuanshan was well aware that, given the current situation in Hong Kong, Li Yicheng was already beginning to gradually reduce the production of plastic flowers.

If you foolishly follow him and take over his burdens until you die, at best you'll only be able to pick up the scraps that slip through his fingers.

Moreover, they were able to achieve this result in just one month.

Lin Yuanshan was well aware that his strategy was flawed, not only being entirely unorthodox but also overly reliant on the waste plastic flowers provided by Yellow River Plastics.

Mr. Li needs a subsidiary factory that will honestly help Huanghe Plastics deal with the plastic waste generated each month and, incidentally, take over the substandard product market.

He didn't want to see his younger brother, Lin Yuanshan, develop unwarranted ambitions, such as trying to grab market share or orders in the plastics market.

This is why, after the two of them worked together in a tacit manner, they decided to reduce the finished product buyback price by 5%.

If I give you food, you'll have food; if you don't listen, you won't have food.

Lin Yuanshan recruited Xu Neng because he didn't want to follow Lao Li's strategy.

Old Li's plan is that once Lin Yuanshan runs out of his 320 tons of waste, if he wants to earn more, he'll have to come to me begging for some of my other market share.

Lin Yuanshan's idea was to make substandard plastic flowers for as long as he could. You've already become the king of plastic flowers, the leader in the industry.

If you can set product standards and industry rules at any time, and I were to fight you to the death, especially in a category that's declining, that wouldn't be courage, that would be recklessness, that would be foolishness.

Lin Yuanshan, who is familiar with the history of Hong Kong, knows very well what the next step should be in the next five years.

Deeply rooted in the plastics industry, we've transformed into plastic toys!

Because in two years, the European and American markets, where plastic flowers are mainly exported, will become saturated, prices will fluctuate, wages in Hong Kong will rise, and profits will drop sharply.

The next product category after plastic flowers is toys.

In 1967, Hong Kong's plastic exports reached HK$8.23 million, with toys accounting for 70% of that.

If you don't choose toys, you can also make clothes or real estate.

Especially in the real estate sector, the housing market has seen a surge in the past two years, and the situation seems to be very promising!

However, in 1965, a run on Chinese-owned banks occurred. Many astute Hong Kong tycoons had already sensed that this economic fluctuation would definitely involve the real estate market.

They bought up land at rock-bottom prices between 1966 and 1968, accumulating the capital for their takeoff.

Lin Yuanshan knew all of the above, but with the money in his hand, he wasn't qualified to enter the game.

Before handing over those local tractors to Chen Bing, Lin Yuanshan had about 5000 yuan left. He took 2800 yuan from Chen Bing for the machines and then took another 8000 yuan from Biandanwei's mooncake box.

During this period, Zhang Chujie rented a factory in To Kwa Wan for 3000 yuan.

Lin Yuanshan built a kitchen for Xiaotu, which cost 1000 yuan, and added two more machines, a material conveyor belt and a material drum dryer, which was originally estimated to cost 7500 yuan.

But in the end, Uncle Xu swallowed his pride and personally went to his acquaintances to purchase the goods, and negotiated a price of 5600 yuan.

Mr. Lin, who was just envisioning his path to becoming a tycoon, currently only has 3900 yuan in his pocket, and even that is not enough to make him spend freely.

This month, the factory needs money for the salaries of all 30 employees, daily meals, production materials, water and electricity.

After much thought, I realized that I still had to borrow money to make more money.

Moreover, it's not convenient to go see Brother Chao again this time.

Because, in the beginning, Chen Laoji hadn't paid back the 3000 yuan he initially approved!

Later, Lin Yuanshan bought machines, and Han Sen was transferred to another position, which bothered Lin Shaochao twice more.

Everything can be done once or twice, but never three times!

If he were to seek help from Lin Shaochao again, he would not only incur a huge debt of gratitude, but he would also be easily seen as a hopeless case by the Qiaoxin Bank behind Lin Shaochao.

After weighing the pros and cons, Lin Yuanshan rushed back to To Kwa Wan and asked Zhang Chujie to bring the factory's documents.

The two went downstairs, hailed a taxi, and rushed to 363 Nathan Road, the Yau Ma Tei branch of Hang Seng Bank.

This is a six-story commercial and residential tenement building constructed before the war. The first floor was entirely rented to Hang Seng Bank, while the upper floors housed residences, small office units, and foreign goods shops.

It sounds like the whole building is a bit messy.

This was a common occurrence in Hong Kong in the 60s.

Given the limited space and prime location on this bustling street, Hang Seng's ability to secure a ground-floor unit demonstrates their considerable strength.

Looking up, you see a tall, upright, three-dimensional sign for Hang Seng Bank with white background and red lettering.

Lin Yuanshan waited until Zhang Chujie paid the fare, then walked through the glass door with him.

The Indian gatekeeper noticed that the two men were dressed in suits and had impressive appearances.

Not only did they not make things difficult, but they also straightened their chests slightly while holding the shotgun.

Zhang Chujie often walks around the streets and sometimes brings people to Hengsheng to conduct business.

He carried his briefcase, took a few steps ahead, and stopped the lobby manager.

Lin Yuanshan stood a few steps away and saw A-Jie offering him cigarettes and smiling obsequiously. The other man seemed a little impatient, but probably annoyed by the pestering, he eventually waved his hand.

Zhang Chujie turned around, took out a handkerchief and wiped his forehead: "It's all done, Mr. Lin, let's go this way."

After speaking, Zhang Chujie stepped forward to lead the way. Lin Yuanshan turned around and glanced at the manager from before, but the manager immediately looked away.

There was no obstruction, just complete disregard.

Lin Yuanshan smiled and followed Zhang Chujie into the private small loan room inside.

This place is specifically for receiving factory owners like Lin Yuanshan who apply for industrial equipment mortgage loans.

The room was small, with only a small desk with stationery on it, and a bank employee sitting behind the desk providing one-on-one service.

"Hey beautiful, this is my boss, Lin Yuanshan from Yuanshan Plastics." Zhang Chujie knocked on the door with his finger, greeted him, and pulled out a chair for Lin Yuanshan as he entered.

The employee, who had been tidying up documents, looked up and revealed a perfectly oval face.

She wore light makeup and wasn't particularly stunning, but her eyes were large and bright. She wasn't surprised by Zhang Chujie's worn-out suit, nor did she show any disdain upon hearing that Yuanshan Plastics was an unfamiliar factory.

She merely glanced at Lin Yuanshan with a probing look, then stood up, smiling as she extended her fair right hand: "Hello, Mr. Lin, I am Zhou Yongshan from Hang Seng Bank."