In the workshop of Yangtze Toy Factory, Lin Zhichao looked at many newly purchased machines and felt very happy. The success of the wig industry allows him to earn around 3 million Hong Kong dollars in profit every year (estimated), and the next step is the development of the toy industry.
At present, Yangtze Toys has two development directions:
First, it will manufacture springs, gears, and push toys for Europe and the United States, and create its own toy brand 'Bond' (slowly developing channels). Later, it will also develop motor-type train toys, etc.
Second, we will produce soft and hard plastic dolls, with the 'Beer Lily Doll' as the near-term production target (the image is still being finalized), and we will develop Barbie dolls later.
Advance your toy business step by step, and you will have more popular products in the future to build a toy kingdom.
"How is the OEM going?"
Ke Yanping immediately said: "British toy manufacturers have agreed to come to inspect. I believe they will sign an OEM contract after seeing our production workshop."
This is confidence!
First of all, production cost is the biggest advantage; secondly, in terms of equipment and management, Yangtze Toys is also very trustworthy.
Lin Zhichao said with satisfaction: "Well, take your time and take it step by step. You know, we are the only ones in Hong Kong who have the fastest response, and we have been preparing for many years."
Competitors such as Kaida Industrial are probably still waiting and watching, at least they took action in 1954.
Therefore, even if Yangtze Toys is a 'copycat factory', it is also the overlord of copycat factories. Of course, as more and more self-owned products appear in the future, the label of 'copycat factory' will also be taken away and it will become one of the representatives of the world's toy brands.
Ke Yanping nodded. He knew the culture of Yangtze River Industry and said, "Well, we must pay attention to the quality of workers and strictly implement 4S system management."
Behind the strict management is the welfare system of the Yangtze River Industrial System. Otherwise, workers will be dissatisfied. Why do you have so many rules here and work is still the same as others?
Obviously, Lin Zhichao would not do this. After all, Yangtze Toys can develop many "hot products" and "high value-added products". It is not a copycat factory, so it will not squeeze workers to obtain more profits.
Later, Lin Zhichao visited the samples of 'Beer Lily' dolls. Although the final image was not determined, Yangtze Toy Factory also developed some samples based on the draft.
Beer doll is an 'adult doll', so it comes with a variety of sexy clothing packages, such as sexy princess skirts, denim shorts with white shirts, and even lace underwear.
The initial plan was to sell it in major bars in Europe and place it on the bar counters and tables, supplemented by pornographic jokes; under the influence of alcohol, the man looked at the blonde beauty on the table wearing sexy clothes and was afraid I can't help but like it, and I can't wait to buy it back and put it next to my pillow.
Developing a product like this in this day and age is simply a hit because the entertainment industry is starved of it.
"There is no problem with the craftsmanship. We are just waiting for their final draft. It will be completed by the end of the year. You must be ready for mass production."
"Well, the entire production line has been debugged and is ready for mass production at any time."
"The clothing category is very important. Although I leave it to my father-in-law's garment factory, you have been following me for a long time and you should know how serious I am about quality."
"Don't worry, boss, I just regard them as partners. If the quality is not up to standard, we will rework everything."
"Well, it should be strictly required."
Don't underestimate a doll's clothing order, but it can't handle the huge volume in the future, so Tang Zhongyuan also understands that this is a super customer. The reason why Lin Zhichao did not hand it over to the Yangtze River Garment Factory was because he felt that the Yangtze River Garment Factory should still take the route of OEM brand clothing and not make it too complicated.
As for Tang Zhongyuan's Oriental Ready-to-Wear, it originally followed the ready-to-wear route. It can produce any kind of clothes as long as it can make money.
Everything at the Yangtze River Toy Factory is ready and waiting to take off.
The image of Bierlili is also nearing the end of finalization, mainly due to Lin Zhichao's final opinion. After the final decision, the patent will be registered immediately, and these matters will be handed over to partner Gauss.
And because Beer Lily already had a reference object, which was the adult doll from World War II, the progress was considered fast.
As for Barbie, Lin Zhichao and Hepburn have only registered an American company and have not yet had the energy to recruit designers. They will have to wait until Hepburn finishes filming early next year before they have the energy to deal with it.
Xia Hui Restaurant is one of the industries under Hailutong Company.
The industries of Hailutong Company include Luhaitong Hotel, Luhaitong Pharmacy, Luhaitong Life Insurance, Liuguo Hotel, Royal Capital Theater, and Queen's Theater. The founders are Chen Renguo and Chen Fuxiang, who founded the company in 1924.
Among the more well-known of these properties are the Queen's Theater located near Chinatown, which was later converted into the Land and Sea Building; and the Six Nations Hotel in Wan Chai, which is also relatively luxurious in scale.
Lin Zhichao came to Xia Hui Restaurant at the invitation of Li Shauji.
"Lin Sheng, please sit down!"
"Haha, brother Zhaoji is too polite."
Lin Zhichao's hearty laughter is in contrast to Lee Shau Kee's arrogant performance.
"How's the business doing?" Lin Zhichao asked with concern after sitting down.
Lee Shau Kee handed the menu to Lin Zhichao and said: "As you know, my hardware factory is engaged in trade in the mainland. Now that the mainland is undergoing public-private reforms, the demand for foreign trade has been greatly reduced. But overall, earning a living is one to twenty Wan, there’s still no problem.”
Lee Shau Kee has always maintained this friendship, and would call to visit during holidays. If Lin Zhichao had time, he would also take the initiative to invite him. If it weren't for Lin Zhichao, he knew that he would not be able to make more than 200,000 yuan by speculating in gold, nor would he get involved in the hardware factory in advance and make more than a million yuan in the past three years.
Lin Zhichao also values these Shunde friends very much. When he has time, he will always agree to the invitation to get together and connect with each other.
"Well, overall the development is pretty good, and although you have made a lot of money in the past three years, there are no risks, and you have not been included in the business blacklist by the United States. It will be beneficial to overseas business in the future."
Lee Shau Kee said modestly: "I can even do business in Hong Kong, so how can I dare to think about overseas business."
Lin Zhichao smiled and said: "Then you have something to do with me today, right?"
Lee Shau Kee said seriously: "That day at the Hang Seng banquet, I listened to Lin Sheng's wishes and welcomed the wig business to open in Hong Kong. So, I would like to ask Lin Sheng what he meant, how to do this business? Please give me some advice."
As the saying goes, first come first served, Lee Shau Kee seizes the opportunity better. If he really becomes the second wig factory in Hong Kong, he may make a million a year.
You know, the reason why Guo Desheng was the boss of Sun Hung Kai in his previous life was because he could make millions of profits every year by acting as an agent of YKK Theory and operating a grocery store, so he was the strongest.
Lin Zhichao said generously: "That's not easy. Go to my factory and inspect it, and you will have your answer. Wigs are actually real hair. The raw materials come from the real hair of Indonesian and Indian women, and are produced through machinery and labor. Eventually it became wigs. This industry is good, the demand from Europeans and Americans is very high, and Hong Kong has geographical advantages and other advantages, which is very promising. Since you want to do it, I will make it happen for you!"
Li Zhaoji was immediately moved beyond measure. He was really lucky to have met this Shunde friend.
The two of them were of the same age (1928), Lee Shau Kee was born in February and Lin Chi Chao was born in August. In fact, Lin Chi Chao was younger, but Lee Shau Kee always regarded Lin Chi Chao as his eldest brother.
"Will it disrupt production?"
"It doesn't matter. If you still feel it's not enough after visiting, just hire a few students to work in our wig factory and let you learn. This is not something I take special care of, brother. If anyone else wants to do it, as long as there is a hundred thousand If you have capital, you can go to my wig factory to learn. If you have money, let’s get it together!”
Lee Shau Kee admired Lin Zhichao's character even more, and he was simply doing charity.
"Lin produces righteousness"
Lin Zhichao added: "It doesn't matter. If you can produce qualified products but don't open sales channels for a while, you can leave it to us as an agent. At least you will make a steady profit."
Lee Shau Kee said quickly: "This is really shameful. I have been supported by Lin Sheng."
"Haha, just treat me to a meal, no need to be polite."
For Lin Zhichao, he was very happy when Lee Shau Kee came to ask for help. He is happier than others doing this business, after all, they are all from the same hometown.
Even in the future, everyone will be looking for money in real estate, and Lin Zhichao does not have the idea of dominating one company. In addition to focusing on some rent-collecting properties, Lin Zhichao will not insist on "overlord" status in the field of real estate (residential) development.
The reason is simple. Everyone is focusing on Hong Kong, but he can set his sights on the world early. Based in Hong Kong, we seek global expansion.
The beginning of November.
Today is the weekend. Lin Zhichao made an appointment with Sandus to play golf at the Royal Golf Course in Fanling. The two first drank tea and talked in a private room.
During this period, Lin Zhichao asked: "Sandashi, you should be taking up the post of project manager in two months, right?"
The import and export department of HSBC has gone through its busiest period, because HSBC always likes to make "war profits", and they don't have much concept of "justice and country"; for example, in later generations, they laundered money for Mexican drug traffickers, sold security, etc. In short, they have money Just make money.
HSBC even went to Omen to bid for gambling licenses, including Standard Chartered, Lili and other banks. However, he will gradually discover that the bidding for the Omen gambling license is just a formality. Not only will they not win the bid, but they will also lose a lot of money.
It turns out that a large sum of Australian dollars is required as a deposit when bidding in Omen. These bidders took Hong Kong dollars to exchange for Australian dollars. They exchanged them at a Dafeng bank, and the exchange rate was very high. When the winning bid was over, because they did not win the bid, they needed to exchange it back to Hong Kong dollars. , they found that the exchange rate had changed a lot. In this way, HSBC and other Hong Kong consortiums discovered that they had been tricked by Austria!
Sandus nodded and said without any concealment: "On the first working day in 1954, I officially took office. Speaking of which, I am very confident in taking office this time. I am more optimistic about you, the Chinese business owner, HSBC Bank." I will also do business directly with Chinese people in the future.”
This aspect of HSBC was developed by Sandus and Shen Bi as project managers one after another, which is to vigorously support Chinese business owners in textiles, garments, plastics, toys, umbrellas, etc., so these enterprises After growing up, I will give HSBC 'help'.
Lin Zhichao smiled and took out a gift box and said, "This is a very meaningful gift for you as your new official." Then he opened it and saw a lion made of gold squatting inside. You can tell how much it is worth just by looking at it. One hundred thousand Hong Kong dollars.
Sandus was stunned for a moment, then said: "Is this gift too expensive?"
Lin Zhichao said calmly: "Without Sandus, there would be no global shipping development so fast, so this is my intention. I am not giving you a gift for purpose. If we can cooperate with HSBC in the future, it will definitely be a win-win situation." situation, and will not seek personal help from you. So please don’t worry!”
Sandus studied the 'Golden Lion' carefully and felt heavy when he got it. He knew that this gift was valuable, almost several times his annual salary. He also knew that Lin Zhichao would not come to him if there was any trouble. At most, he would just get support from shipping, which was consistent with his point of view.
"This lion is very similar to the lion at the entrance of HSBC!"
Lin Zhichao said with a smile: "It has a meaning that you can become one of the most outstanding executives of HSBC Bank in the future."
There are also things to pay attention to when giving gifts. If you have given gold nuggets, Sandus may not accept them. HSBC's senior executives have very high salaries and may not receive vulgar things. Senior executives such as Taipan of HSBC even live in independent garden-style villas on the top of the mountain.
Of course, Lin Zhichao's credibility is also one of the reasons why Sandus decided to accept it.
Sandus smiled and said: "That is really a beautiful wish!"
Later, Sandus asked curiously: "Global Shipping has decided to use its own funds to develop?"
To be honest, the current financial situation of Global Shipping is still very good, and it is still very easy to borrow several million US dollars.
Lin Zhichao shook his head and said: "It's just a temporary solution! I am optimistic about two things. One is that oil transportation will become increasingly busy. Currently, the world's oil tankers account for about 20% of the merchant ships, but I believe that by the early 1960s, oil tankers can Reaching one-third; another thing is Japan’s shipbuilding industry. It is expected that in the late 1950s, Japan’s shipbuilding industry will surpass the UK’s annual total tonnage, and its technological level will gradually surpass it.”
After hearing this, Sandus thought seriously and found that as a banker, he was often not so discerning in front of Lin Zhichao.
"So, your idea is to get into tankers?"
Sandus knows that Global Shipping has 600,000 tons of cargo ships and is already a large shipping company in the Far East. Even to Europe and the United States, it is considered a good shipping company, although they are all second-hand ships.
At this time, it is obviously reasonable to consider entering the oil tanker business, which has greater risks and greater returns.
Lin Zhichao nodded and said: "Next year, I plan to use my own funds to purchase a few second-hand oil tankers, and then sell them to major European and American oil companies. As long as we enter the European and American markets with low prices, we will even have a firm foothold. Then we will consider increasing investment." The number of tankers, and the construction of new larger tanker ships. By then, loans from HSBC will be indispensable.”
So that's it. Sandus thought for a while and said: "In general, there is no problem, if I am the project manager. Of course, we also have to evaluate your debt situation and determine the size of the loan."
Lin Zhichao nodded and said, "I will not be overly in debt."
This time, the appointment with Sandus is also an early step. Investing in oil tankers next year will open up an industry with greater investment.
Currently, Global Shipping already owns 58 second-hand cargo ships with a total load capacity of 605,000 tons; at the same time, all debts have been paid off and it has a net cash flow of US$4.6 million.
Global Shipping currently earns a monthly profit of US$2.1 million. Even if some contracts expire or rents are reduced next year, the monthly profit can still be maintained at US$1.9-2 million.
In a short period of time, Hong Kong's second-hand cargo ships have reached a bottleneck that is not serious, so it is logical for Lin Zhichao to invest in oil tankers next year.
When Sandus returned home, he couldn't help but take out the golden lion to admire.
"My dear, this is a golden lion. Could it be that some entrepreneur congratulated you on your promotion and tried to please you in advance? But this is too expensive. It won't affect your career, right?" said his wife Katie in surprise.
Sandus pushed the golden lion in front of his wife and said, "Who can afford such a gift?"
Katie was stroking the golden lion while thinking, and quickly said: "Of course it is the shipping king. He is rich and has received a lot of help from you."
Sandus smiled and said, "Then tell me, what impact will it have if I accept this gift?"
He knew that his wife was very rational and calm, so he asked for advice seriously, and if there was any risk, he would retreat.
Katie immediately said: "That's no problem! With his status, he will never mention such a thing, otherwise he will cause trouble for himself. The important thing is that his fleet will not expand that much without your support. Quick. Last but not least, you have also created huge wealth for HSBC and attracted an influential consortium."
The four loans provided by HSBC to Global Shipping amounted to nearly 1.5 million U.S. dollars in interest alone, equivalent to more than 8 million Hong Kong dollars; more importantly, Global Shipping's financial transactions, deposits, etc. were all through HSBC.
Based on these alone, HSBC has created huge profits, so Katie said this to take credit for her husband.
Sandus smiled and said: "My gift from him does not mean that I will harm the interests of HSBC. In my heart, HSBC's interests are of course the greatest. However, if HSBC supports global shipping, it will indeed gain A huge profit."
Katie nodded, then tried to pick up the golden lion, but found that she couldn't.
"Oh my God, how much does this weigh?"
"It should be about a thousand ounces!"
In fact, in Sang Da Shi's heart, he felt that he could learn a lot from dating Lin Zhichao. Because Lin Zhichao is not only a shipping industry, but also an industrialist.
Through conversations, the two became very optimistic about Hong Kong's industry, which would be beneficial to his work after taking up the project department. At that time, he will visit various small and medium-sized enterprises in Hong Kong to support these business owners and bring huge benefits to HSBC.
(End of chapter)
