"Industrial land prices are too expensive. Midea, Hong Kong's largest electronics company, intends to move to the Wanwan Hsinchu Industrial Park for its latest industrial park. Hong Kong's industry has lost a major pillar!"
The Hong Kong Economic Journal's home page once again lit up with major news about Midea. Many readers have become accustomed to it. It seems that many news about Hutchison Whampoa, Midea and Red Bull are published first by the Hong Kong Economic Journal.
Anyone who knows something about the Hong Kong market knows that the Hong Kong Economic Journal has actually been invested by unknown capital for a long time. However, because the Hong Kong Economic Journal is not a listed company, outsiders don’t know how many shares it has taken. As for the unknown capital, everyone naturally knows that it must be It is the capital owned by Chen Zhiwen.
The front page of this issue of the Hong Kong Economic Journal only has a title. Below it is a photo of Midea General Manager Lei Shengli meeting and shaking hands with the deputy director of the Wanwan Xinqiao City Investment Promotion Bureau. In order to prevent the public from not recognizing each other, an introduction was written next to the portrait. The small print of their identity.
The second page is the text version of the content introduction.
The first section introduces Midea's recent development abroad, and briefly introduces the explosion of the arcade industry in the United States. This is the second time in Hong Kong's history that a product has swept the U.S. market but has no competitors. The previous one was Red Bull, and electronic products are also a global business trend in the future. The sales of arcade machines are of greater significance.
At the same time, Midea's home appliance products have also begun to take root in the United States. Fan products have entered major supermarkets in the United States. The number of orders in hand has reached one million. In addition, the refrigerator and air conditioner business has also developed well. Therefore, the existing The scattered factory model can no longer keep up with the requirements, and there is an urgent need to build a complete industrial park, similar to large overseas factories.
The second section introduces the planning of Midea Industrial Park, which also includes Red Bull and future Coke factories. The existing production lines located in industrial office buildings in Hung Hom and Kowloon will also be gradually moved into the industrial park. Ensure optimal mode production efficiency.
The third section introduces the recruitment benefits of Midea and Red Bull. In the Hong Kong industrial market, no one dares to say that Midea and Red Bull are second. The first is a salary increase of 20% compared with the average level. If the monthly salary of other similar factories nearby is It’s 200 Hong Kong dollars, and Red Bull Midea can give you around 240, and there’s also a year-end bonus based on performance.
There is also insurance, of course there is no shortage of government-mandated social insurance, and there is also professional commercial insurance, which covers employees’ immediate family members, that is, employees’ spouses, children, and parents. If someone is seriously ill or injured in an accident, they will be covered. You can get corresponding compensation or medical reimbursement. This benefit is not even available to large real estate companies and banks in Hong Kong.
In addition, Midea Red Bull will also provide employee dormitories, mainly rooms for 6 people, with an area of about 200 square feet. Each person has an independent bookcase, equipped with its own refrigerator and air conditioner, and has an independent bathroom. Below this paragraph, it is also equipped with A photo of a dormitory is much better than most rental houses. For Hong Kong people who spend 1/3 of their salary on renting a house, having a good dormitory is the foundation of life.
If employees want to buy a house, Midea Red Bull will also provide certain low-interest loans, but there are certain restrictions in this regard, related to the employee's grade and length of service. This is also to prevent outsiders from taking advantage of the loopholes in this clause.
In addition, there is the most basic food. All work meals are free, with two meat and two vegetarian dishes. You can eat whatever you want, as well as yogurt, fruits, etc. It is much better than what many people eat at home. Moreover, every holiday, the company will also give out some hard currency. , such as bacon, salted chicken, etc.
It can be said that as long as you join Midea and Red Bull, according to the current benefits, you will basically have no worries about life. The company will be responsible for all your food, drink, and diarrhea, and there will be no additional consumption. If you are single, your salary income will basically be equal to your monthly savings, even if you have a family. Yes, if you work hard and use the company's benefits to buy a house in an ordinary location, it won't be a problem.
It can be seen from the turnover rate of Midea Red Bull Company, which is basically less than 1% a year. In other words, people who join will basically never leave again.
If Midea Red Bull really chooses to leave Hong Kong, it means that not only will a large number of high-quality jobs be lost in Hong Kong in the future, but thousands of existing employees will also be unemployed on a large scale.
Not to mention, Midea is a terminal company, and there are a large number of suppliers behind it. Although the benefits of these suppliers are far less than those of Midea, they are still better than other companies of the same type, because this is also the benefit of Midea. Although many suppliers may just cope with the requirements, as long as they do a little bit, it is much better than not doing anything at all.
There are more than 10,000 people in the industry chain. This is just the current scale. With the development of Midea, maybe the scale will become 30,000 or 50,000 people? The consumption that so many high-income workers can drive will also benefit other Hong Kong people.
…
[So, should we really allow such high-quality local companies to leave Hong Kong? 】
The second half of the article also introduces the accidental situations of various types of employees. For example, an employee was suddenly diagnosed with cancer. Not only did he receive medical subsidies based on insurance, but his monthly salary was also paid according to the basic salary in the contract. Many employees With the low interest provided by the company, we successfully bought a 500-square-foot house in Hung Hom, Kowloon and other places. The family no longer has to rent a house to see the landlord's face and so on.
"Damn it, Midea and Red Bull are treated so well?" A construction worker eating steamed buns said in surprise as he picked up a newspaper from the roadside that someone else seemed to have accidentally dropped.
"What's the salary? Let me take a look?" A person next to him took the newspaper, glanced at it casually, and said, "Oh, the salary is not as high as ours?"
"It's not as high as us. Then don't you look at the working hours and work intensity? If it doesn't rain heavily, you have to work 14 hours a day. Others work 8 hours. Overtime wages are not included. There are so many benefits. Look at them. This dormitory is better than the house we rented for 30 yuan. Moreover, the dormitory has air conditioning, and there is air conditioning inside the factory. Apart from occasionally blowing it when you are working for others, have you ever used it at other times in your life? "
"Don't think so well of the capitalists. These air conditioners and refrigerators are all produced by themselves. They may be giving inferior products to their employees."
"You have been building houses for so many years. Have the capitalists ever given you inferior houses?"
"."
Following the Hong Kong Economic Journal's report, the next day, other mainstream newspapers in Hong Kong began to pay attention to the matter. Many newspapers even reported on their front pages. Later, various third-rate newspapers did the same, together with TVB and Lai's TV Station. They simply reported the matter on the news.
Soon, the public opinion in Hong Kong seemed to be controlled by one hand and changed its direction. A large number of ordinary people knew for the first time that the treatment of Midea Red Bull was actually so good, but it was normal to think about it. It was so good. Basically, the company's employees will not leave. Even if the number of people recruited is high, it will be replenished quickly. The internal employees will definitely find ways to get their relatives to join. There is no need to advertise in newspapers, which is not near the company's factory. Of course people don’t know.
But I had just learned the news that the factory might leave Hong Kong. I was immediately very disappointed. If I could stay in Hong Kong, according to the data in the newspaper, Midea Red Bull would definitely recruit people on a large scale in the future. Once it comes, there will always be a chance.
For ordinary workers in Hong Kong, having a job with average food, average accommodation, average work, and average work is already considered very good, not to mention, this is a good thing!
Kowloon, Cheung Kong Holdings headquarters.
"Today's newspapers are all about Chen Zhiwen's 10,000-person industrial park?" Li Jiacheng said with a smile after picking out a few newspapers.
Reading newspapers every day is basically a habit of all bosses, not to mention official ones. Many times private news newspapers also contain a lot of news. For example, when newspapers report many times that the living environment in a certain place is poor, then It is very likely that the government is preparing to renovate this place.
Or reporters may not know the underlying meaning of some of the words the government said during interviews, but as long as they are written according to the actual content, it will be of great help to people like Li Jiacheng.
The real estate market is all about judgment, and judgment is not random, it is based on a collection of various types of information.
"These news reports are obviously driven by someone behind the scenes. Chen Zhiwen's purpose should be to get the Hong Kong government to provide preferential land prices for his industrial park." Opposite Li Jiacheng, a British ghost said.
His name is Mai Ruisi. He has just joined Cheung Kong Holdings recently and is responsible for Cheung Kong Industries' overseas business and communication with relevant departments of the Hong Kong government. In the past two years, the scale of Cheung Kong Industries has grown larger and larger, and it also needs certain British management talents. Come and do some business.
"Do you think the Hong Kong government will regress?" Li Jiacheng asked. Regarding communication with the British, he felt that he was not as good as the British who knew more about business. But it doesn't matter. He is the boss, as long as he recruits the right people. , as the scale of Yangtze River Industrial grew larger and larger, Li Jiacheng also began to recruit many ghosts to serve him.
"It depends on how you define the word "retrograde". If Chen Zhiwen wants the same free strategy as Wanwan, it will be difficult. It can be said to be impossible. But if you just want a certain discount, plus the current MacLehose The Governor attaches great importance to industry, so appropriate concessions should not be a problem. This kind of high-quality industry can get certain preferential policies even if it goes to the United States or the United Kingdom." Mai Ruisi replied.
"But having said that, Midea and Red Bull provide really good employee benefits, much better than my Yangtze Plastics Factory." Li Jiacheng continued.
Cheung Kong Industrial's main business today is real estate. The reason why the company's name is "Industrial" is because when it started its business more than 20 years ago, it was engaged in plastics and plastic products. Among them, the plastic flower business has monopolized many European and American countries. Later, because he found that he could not rent suitable factories anywhere, Li Jiacheng discovered that real estate seemed to be more profitable. Coupled with the improvement of modern greenhouse flower growing technology in Europe and the United States, the plastic flower market disappeared, and Yangtze River Industries eventually became a real estate company.
However, in order to take care of the earliest employees who had struggled, the Yangtze River Plastic Factory has remained open and has been losing money. However, this little money is just a drop in the bucket for Li Jiacheng, who works in real estate. The only purpose is to take care of those who once worked for They are just peers who are struggling on their own.
"Red Bull's profits are very high, and the profits of Midea's arcade machine should also be low. Hong Kong's labor costs are already very low. Adding an extra 50% will not have much impact on high-profit industries, so it doesn't matter." Mai Ruisi is accurate. The analysis said: "And from Chen Zhiwen's perspective, stability and quality are the most important, and the loss of employees will definitely affect quality, so it is definitely more cost-effective to ensure employee stability with appropriately high salaries."
"That's true. Your analysis is correct." Li Jiacheng nodded and said, "What I'm more concerned about right now is where will this industrial park be built? Kowloon? Hung Hom? Yuen Long? Sha Tin? Tuen Mun? Once Once his project is completed, tens of thousands of well-paid workers will definitely immediately increase the price of nearby land."
The essence of real estate is people. Wherever people go, real estate will rise sharply, especially young people who are motivated. Midea’s industrial park plan perfectly fits this strategy. It has a large number of employees with stable incomes, most of whom are young people. , have not yet started a family, you can imagine the huge demand for home purchases in a few years!
"If you can know in advance and then buy the land first, you can indeed make a lot of money." Mai Ruisi said: "This kind of thing is likely to be Chen Zhiwen's final decision. It is difficult to know in advance."
"Yes, then we can only wait and see." Li Jiacheng nodded and said.
December 23:
"Sheng Chen, this is an invitation from the Governor's Mansion. Governor MacLehose invites you to go to the Governor's Mansion tomorrow to taste tea. The Governor's Mansion recently purchased a batch of very good quality tea from South America." An Qi led Zhou Jia Yang walked into Chen Zhiwen's office and said with a smile.
"Drinking tea? That's a good reason." Chen Zhiwen smiled. After taking the invitation, he glanced at it and put it aside, and asked, "Am I the only one?"
"I don't know. The letter was delivered by courier. At about the same time, the Hong Kong Governor's Office also called, but the caller didn't know if anyone else was invited." An Qi replied.
"Okay." Chen Zhiwen nodded. He likes drinking tea. It has been Chen Zhiwen's hobby since time travel. As a mainlander of later generations, he knows the importance of drinking tea for modern people. Due to the improvement of economic level, a large number of Most people eat too much meat or even high-cholesterol foods such as offal, while the input of vegetables is much less, which can easily cause problems such as three highs.
After arriving in Hong Kong, although there was no high technology, there was more wealth and more temptations of delicious food. Therefore, drinking tea became his daily routine, and as he drank it, he began to feel like drinking tea. I feel uncomfortable if I don't drink for a long time.
As for coffee, I basically only drink a little when I’m talking or meeting with people.
After An Qi left, Zhou Jiayang said: "It seems that our trick is effective."
"This can only be said to be a last ditch effort. Most of the print media in Hong Kong are reporting on this matter. Normal people can see that we are behind it, and people like MacLehose will definitely know it too." Chen Zhiwen shook. He shook his head and said.
"It is still necessary to invest. If the Hong Kong government does not attach importance to industry, it will be the same whether we do it or not. Then we should go overseas to choose investment locations as early as possible. If the Hong Kong government attaches importance to industry, then we should go to the negotiating table as soon as possible and finalize it as soon as possible. Well, given the current situation, if you and Governor MacLehose meet in person, we might be able to make a decision quickly," Zhou Jiayang said.
"That's right, this matter can't be delayed any longer." Chen Zhiwen nodded and said. Hong Kong's industry is still ten years away from decline. This period of time is still of great value to Midea. The important thing is to cultivate in Hong Kong Tens of thousands of industrial workers and thousands of engineers can be sent to the mainland after the reform, and they can quickly build their own industries in the mainland. However, if they move to other places, the language alone will be very troublesome, and with such As a group, Hong Kong's industry may be able to decline a few years later. Even if the final result is the same, it may be a little later.
"Sheng Chen, if you have a good discussion with Governor MacLehose, can you also mention the Hung Hom land?" Zhou Jiayang said again.
"No problem, but this is actually not very important anymore, and even if I mention it, it will only get a little discount at most." Chen Zhiwen said with a smile.
From the beginning to the end, he was prepared to convert the land in Hung Hom from industrial to commercial at market price, because the housing prices that would surge several times in the next few years would be the source of the biggest profit. It is true that Li Jiacheng waited until 1984 like in the original history. Negotiating with the Hong Kong government can also get a low price, but it will take almost ten years. In these ten years, with the help of some special opportunities, it will not be difficult to turn 100 million funds into one billion or more.
The reason why we did not immediately reach an agreement with the Hong Kong government a few months ago was because Hutchison Whampoa was too heavily in debt at the time. However, Hutchison Whampoa has recently become more profitable through the launch of overseas projects, the downsizing of Hong Kong’s internal business, and cooperation with Chinese capital companies such as Li Jiacheng. The financial chain has begun to be sufficient to start this super walled village project.
"It's good to have some discounts. In the real estate industry, if the land price is more favorable and the capital chain is more abundant, subsequent bank loans will be much better." Zhou Jiayang said.
"That's right." Chen Zhiwen nodded. The real estate industry actually doesn't consume much of its own funds. Some real estate developers borrow money to buy land and build buildings. If they can't borrow it, they just keep it for the future. This is where so many project-mortgaged houses come from in later generations in the Mainland. The key is that real estate companies will also collect pre-sale funds and then use them to buy other places.
As long as you use more leverage, you can burst the bank. This sentence is definitely not empty talk. Under this model, when the economy is good, you will naturally make a lot of money. When the economy is bad, there will be huge financial thunderstorms, such as a certain big company in later generations.
"If everything is settled, then our plan for next year can be implemented smoothly." Zhou Jiayang said with a smile.
1975 was relatively the most difficult year, because the acquisition of Hutchison and its privatization consumed a huge amount of money. Even now, the entire group can only say that there is no big problem with the capital chain, but it is not a big problem. Too abundant, but difficulties will eventually pass. By 1976, the seeds planted before could sprout. Although it was not harvest time, the capital market always looked at the development trend. As long as the development trend is good, the credit line will be If it is high, there will be no shortage of funds.
"Whether it will happen or not, it depends on how much concessions are made. Let's wait for the news tomorrow." Chen Zhiwen said.
"Okay, Chen Sheng." Zhou Jiayang agreed.
(End of chapter)
