The birth of the Hong Kong Island family

Chapter 355 [Developing technological products]

Since the "Land King" in Tsim Sha Tsui was sold for HK$2,930 per square foot, the unit price of residential properties in Hong Kong and Kowloon has increased. The average price has soared from HK$80 per square foot to HK$95 per square foot, and the huge upward trend continues to improve. )

For a time, everyone knew that real estate was booming, and naturally, real estate speculators were very active again.

In the office of Cheung Kong Holdings.

Lin Zhichao sat in a chair and thought about things. He felt that it was wrong to transfer a large amount of the working capital of the Yangtze River Industrial Group to the Yangtze River Industrial Group.

First of all, although Cheung Kong Group has three large-scale businesses, namely 'Far East Financial Center Tower AB', 'Shangri-La Hotel (Hong Kong)' and 'Raffles City (Singapore)', it requires a total investment of approximately 650 million. However, the profit of the Yangtze River Industrial Group this year can exceed 100 million. Adding the profits from 1970 to 1971, it will be almost 400 million Hong Kong dollars that can be used for commercial projects in three years.

Secondly, the Yangtze River Industrial Group has transferred the remaining working capital of 100 million from 1967 to 1968 to the Yangtze River Industrial Group.

Finally, Lin Zhichao’s original investment of 30 million in stocks has now increased to more than 70 million Hong Kong dollars. If it increases in two years, it will be no problem even if it is 200 million.

These three funding channels can collect nearly 700 million Hong Kong dollars in funds.

enough!

Lin Zhichao decided not to invest this year's profits and future profits of Yangtze River Industrial Group in the real estate industry.

Instead, he wants to invest in the electronics industry!

He invests in the electronics industry, or in other words, the industrial and technology industries, not to make money. But after 1978, he was able to make greater contributions to his country.

Being poor cares themselves, being wealthy cares the world!

Lin Zhichao is a qualified businessman who also has an innocent heart.

Assuming that he is just a real estate developer and the world's shipping king, the most he can invest in his country is in infrastructure and real estate, or to provide certain guidance for the country's shipbuilding industry. In this way, what is the difference between him and Li Jiacheng and Bao Yugang in his previous life?

Therefore, Yangtze River Industrial Group is the 'gift' he can really get.

It’s not that Lin Zhichao is trying to whitewash his status as a ‘capitalist’, after all, he really can’t bear to see his compatriots suffer!

After 1978, he gradually introduced toy factories to the mainland. This industry can support a large number of workers;

After 1978, he gradually introduced zipper production to the mainland, which was cultivating national industrial technology;

After 1978, he gradually introduced electronic companies to the mainland, which was supporting the country's technology industry.

He has the ability to do these things and will not be affected by it (it is not a high-tech war in the future). Then what reason does he have for not doing it?

According to Lin Zhichao's understanding, Hong Kong businessmen in his previous life accounted for 80% of foreign investment in the mainland in the early 1980s.

If you say it's for money, then it's definitely someone who's ungrateful. At that time, everyone was afraid of him like a tiger, and his international reputation was extremely poor. If he was not patriotic, no one would dare to take risks. Policies are constantly changing, and no one is worried about being the next victim.

According to Lin Zhichao’s understanding: In previous lives, people such as Cao Guangbiao and Tang Xiangqian went to invest in the Western Regions in the late 1970s, supporting brands for the country and selling wool and cotton products to Europe, the United States and Japan. Without these people, wool would still be wool. , cotton is still cotton, without advanced equipment and management technology, everything is in vain. There are also a large number of industrialists who went to the mainland and brought with them advanced equipment and excellent management techniques; without these people, we would have gone down a wrong path.

Develop technology!

Lin Zhichao finally decided to do this seriously instead of letting the company develop naturally.

His Midea Electric Appliances currently specializes in the production of radios, tape recorders, electric fans and other products. Taking radios as an example, it currently produces more than 100,000 units per month and exports 1.2 million units per year. However, the profit is really low, only about 8 million Hong Kong dollars. This is already one of the largest electronics factories in Hong Kong. Midea Electrical Appliances, together with other businesses, does not earn more than 10 million Hong Kong dollars a year.

These are Hong Kong's primary electronic products, and they are all assembly companies.

However, Hong Kong can produce all parts of the radio. Of course there is no problem with the radio casing (plastic), and there is no problem with the battery (there are several battery brands); Hong Kong also has factories that assemble and assemble the most technologically advanced 'transistors'. Testing can not only supply what Hong Kong needs, but can also be sold overseas. Of course, it is an industry for US-funded companies.

In this era of global economic interaction, you don’t need to produce any parts yourself. As long as you master your own technology, you can sell it all over the world. At that time, Japan announced that it would not sell transistors to Hong Kong for the benefit of its own radios. However, within a week, major Hong Kong manufacturers had found new channels to import them from the United States, Britain and other countries.

Hong Kong's radios are more competitive than Japan's. Hong Kong's electronics factories have also increased from 5 in 1960 to more than 200 today (1969); the number of workers has increased from more than 260 to only 30,000 today, a 100-fold increase in employment.

Hong Kong's electronics industry has become the fifth largest industry after textiles, garments, plastics and plastic flowers, and toys.

In later generations, Hong Kong's electronics industry became the second largest industry in the early 1980s, with an export value of HK$13.5 billion. By the early 1990s, it had become the largest industry, with an export value of more than HK$60 billion, and its products were very diversified.

However, in the 1980s and 1990s, Hong Kong missed out on the upgrading of the electronics industry, so that mid- and low-end industries moved to the mainland. Huaqiangbei is an extension of Hong Kong's electronics industry. As for high-end industries, because there is not enough talent reserve, the most important thing is However, no one is willing to invest and take risks, so Hong Kong misses opportunities.

Think of this!

Lin Zhichao was vaguely excited. It was time to show his "money skills". He wanted to cultivate a technological future for Hong Kong.

In the future, it will be combined with the mainland to form an effect.

The next day, Lin Zhichao appeared in the office of Yangtze River Industrial Group and invited the group's core management, as well as Midea Electric's general manager Li Zhenlong and deputy general manager Peng Jianian.

Everyone sat in the conference area of ​​his office to discuss.

Lin Zhichao was the first to say: "I am optimistic about the development of the electronics industry. In particular, Hong Kong's electronics industry will definitely catch up and become the first and second industry. Therefore, I plan to focus on investing in this industry, and in the future, the group's profits will be used for group expansion, and the electronics industry Industry is the focus of investment, but I hope to make products with higher technical content."

After saying that, he looked forward to watching everyone's performance.

Everyone first showed excitement. The boss's arrangement represented the Yangtze River Industrial Group's greater prospects. Although the zippers and toys of Cheung Kong Industries Group are currently representatives of Hong Kong industry, steel is also one of the three major steel plants in Hong Kong.

But if a powerful industry can be added, then Yangtze River Industrial Group will naturally be even more powerful. And with the development of Hong Kong's industry, the annual profits of some factories can reach 20 to 30 million Hong Kong dollars.

Wang Liang was the first to say: "The development status of Yangtze River Industrial Group is very good this year, especially the zipper industry growth rate is around 20%. In the future, the group will still be able to maintain sufficient profits, which can ensure a solid foundation for investment in the electronics industry."

He analyzed from the group level that Yangtze River Industrial Group can take risks to invest in high-tech or electronic technology industries. After all, stable cash flow is the largest capital.

Li Zhenlong is the second general manager of Midea Electric. He knows very well how his predecessor lost the trust of his boss. He quickly said: "This year, Japan developed a quartz electronic watch, which uses mature semiconductor integrated circuits to make crystal (quartz) It is possible for stone) to be used in the watch industry. I think we can lay out our plans on this. I personally think this industry will definitely become a popular trend in the 1970s."

Having said this, Lin Zhichao also remembered something: In the early 1970s, with the rise of integrated circuits, the electronic watch industry developed. At first, the price was very high. In 1972, Intel acquired Microma, ambitiously wanting to enter this field, and launched an electronic watch priced at $400. As a result, a few years later, with the crazy expansion of production by Japanese companies (Citizen, Casio, Seiko, etc.), the price dropped to tens of dollars. In 1978, Intel withdrew from the industry in disgrace. From then on, it stopped making electronic machines and focused on making CPUs. In the early 1980s, electronic watches produced in Japan and Hong Kong occupied the top two positions in the global watch market.

In the early 1980s, Hong Kong was already ranked second in the world for electronic watches, so this approach is feasible.

Lin Zhichao immediately said: "This product can be made! Come up with a plan later, then set up a project team and start entering the research and development stage. This time, I hope to increase technology research and development and investment, and even acquire overseas parts companies. So. You must be prepared!”

From now on, Lin Zhichao will not take any of the profits from the Yangtze River Industrial Group, and will invest all of them in industry.

Li Zhenlong did not expect that his boss would directly confirm his direction, and he was immediately encouraged and said: "Okay, I will seriously examine this project!"

Lin Zhichao added: "It's a team! If there are not enough talents, we will recruit them. If Hong Kong is not enough, we will recruit overseas."

"Yes, I understand!"

Next, Wang Liang saw that his boss seemed very ambitious, so he also made a suggestion: "Boss, I wonder if we can also develop arcade machines. As far as I know, an arcade video game appeared in the United States in February or March this year. Sales reached 3,000 units in just three months, and it caused a sensation among Silicon Valley technologists, who considered it the ancestor of video games."

He knew that Atari was a subsidiary of Audrey Company, and the boss of Audrey Company had a special relationship with the boss.

Lin Zhichao said: "What you said is something I have considered. I think it can be done, and it will still be done with the Midea brand. You set up a project department first, and I will provide you with some technical help later. This thing actually has little technical content. Even if it’s high, there are already many manufacturers in the United States who can make it, but now Atari has technology patents, so its advantage is very obvious.”

In the previous life, Atari lost one-third of its sales because it did not register patents in advance. The total number of arcade "PONG" sold was 15,000 units. The real rise of Atari was the home console 'Atari 2600', with sales of up to 30 million copies, of which sales from 1981 to 1982 were 1 billion and 2 billion US dollars respectively.

Hong Kong was originally an important area for arcade production in the mid-to-late 1970s. Lin Zhichao planned to ask Audrey to come up with some technical drawings and information and provide them directly to Midea Electric. This way, research can be done in advance.

Wang Liang nodded immediately and said, "Okay, our group management will also help Midea Electric prepare these two project departments."

He knew that the boss and Audrey Hepburn must have a close relationship. According to rumors, Audrey Hepburn has two mixed-race sons. It seems that her boss is really amazing.

Lin Zhichao also said: "I also have an idea to develop a product called a 'Walkman' using headphones, tape recorders, radios and other products. Music can be copied with tapes, and then a tape is put into the mini tape recorder. This recorder has the The function of the tape recorder is that it can be hung around my waist and put in my pocket. I am connecting it with a pair of headphones so that I can listen to music anytime and anywhere."

Everyone suddenly showed confused thoughts. After all, this is a concept that created an era. In the previous life, in 1972, a Brazilian-German proposed the concept and obtained the patent five years later; but in fact, the Walkman was not really a hit product until 1979 by Sony.

At the beginning, Sony, Philips, etc. were dismissive, claiming that there would be no market for such products that sacrificed sound quality. In fact, if you want to come up with a Walkman product, you must first focus on two aspects - first, the tape sound quality of the Walkman itself must be reduced; second, the sound quality of the headphones must be improved and linked with the Walkman.

Headphones have been around for a long time, but the sound quality is very poor.

Li Zhenlong said: "This product is indeed a pioneering product, but it is also a very difficult research and development. The sound quality, the size of the radio, and the power of the battery are all very difficult."

Battery capacity is also very difficult, indeed; the Walkman is so small and can only use small batteries, so the power is naturally very small.

Lin Zhichao immediately said: "If there are difficulties, solve them! We just want to come up with a product of our own, so as to break away from the label of copycat and assembly factory."

Li Zhenlong said quickly: "No problem!"

It was the boss who was throwing money anyway, so he had no reason to back down.

Lin Zhichao said: "All three projects will be launched as soon as possible. At the same time, we can strengthen our technical capabilities and parts supply by acquiring overseas companies."

"yes"

Eventually, everyone started getting busy.

Lin Chi-chao also has a unique trick. Under Lin Chi-chao's promotion, the Hong Kong Polytechnic already has related departments. In the 1970s, some talents with college degrees in electrification and electronic computers will emerge. Although there will not be too many, the situation will be much better than in the previous life.

In the media group's office, Lin Zhichao listened to Zou Wenhuai's work report.

Lin Zhichao's involvement in Jiahe Film was limited to the office, and he would have work communication with the group's vice president Li Ziduo, Jiahe Film's general manager Zou Wenhuai, and deputy general manager Qiao Shan.

He wanted to tell Zou Wenhuai clearly that it was not you alone who had the final say on Jiahe Movies. Of course, this approach will definitely give Zou Wenhuai some ideas, which may lead to Zou Wenhuai leaving in the future.

However, Lin Zhichao is not worried. As long as the influence of Golden Harvest Films is large enough, it can be as big as Shaw Brothers in the 1960s; and with the strength of Golden Harvest Films in discovering talents and script outlines, Zou Wenhuai may not dare to leave. Even if he leaves, Golden Harvest Films will still become Hong Kong's leading actor. The well-deserved NO.1 in the film industry.

"Director Li Hanxiang is already writing the script for "The Great Warlord". He plans to start filming in October or November, which coincides with the end of Guolian Pictures in Taiwan."

"Bruce Lee has also agreed to shoot three movies for us, but it is not expected to officially start filming in the first half of next year."

After hearing this, Lin Zhichao said: "Is "The Warlord" so fast? Has the leading role been selected?"

I haven’t had time to speak yet!

Zou Wenhuai said: "The script is very fast, and the preparation is also very fast, so the starring role has not been determined yet."

Lin Zhichao said: "I recommend one person to Li Hanxiang, TVB host Xu Guanwen. If Li Hanxiang likes it, you will sign a contract with Xu Guanwen for three movies."

Every big star will first make three movies for Golden Harvest Films cheaply, and then cooperate with them as a satellite company. After all, it is impossible for people like Bruce Lee, Xu Guanwen, Sammo Hung, Cheng Long, and Zhou Xingchi to work for you all the time. The tone ended up being so unpleasant that we might as well work together.

Zou Wenhuai was accustomed to Lin Zhichao's suggestions, and he now understood that the boss was definitely a master and very professional. Whether it's Bruce Lee or Li Hanxiang, they are all bosses. He is more like an executor.

As for the boss's arrangement of a retainer as the deputy general manager of Jiahe Films, Zou Wenhuai didn't feel anything. After all, Qiao Shan was only in charge of administration and quite supportive of his work.

"Okay, I will immediately arrange for director Li Hanxiang to interview Xu Guanwen!" Zou Wenhuai said.

His participation in Li Hanxiang's movies was very low, mainly because Li Hanxiang had his own opinions, and his boss gave him the direction of the script. Zou Wenhuai instead used Bruce Lee and planned to personally create a kung fu emperor.

Lin Zhichao said: "If the filming can be completed before December, I hope to vigorously promote it as a 'Spring Festival film' and use it as a secret weapon of our Golden Harvest Films."

Zou Wen asked suspiciously: "Spring Festival?"

Lin Zhichao said with a smile: "The Spring Festival period refers to the 'big dramas' and 'hit products' before and after the Spring Festival, and the 'summer vacation period' refers to the big dramas in July and August. This is a marketing tool!"

Zou Wenhuai's eyes lit up and he immediately said: "This is a really good idea!"

Lin Zhichao smiled and said: "It's okay. After all, I don't know when there are the most people in the cinema in a year. This can be used as a reference. Director Li Hanxiang will not be poached by Shaw Brothers, right?"

Zou Wenhuai was stunned for a moment, thinking that this boss was really thinking long-term, and then he said: "The contract has signed for three films, and during this period he cannot film for Shaw Brothers."

Lin Zhichao nodded and said: "That's enough. Don't think about using a long-term contract to kidnap others. That will only be counterproductive. If everyone can cooperate, it is best to have a win-win situation, otherwise trouble will come sooner or later."

Zou Wenhuai said: "The boss's open-mindedness makes sense. It's just that for some big-name celebrities, their appetites will indeed become bigger and bigger, and their tempers will also become bigger and bigger."

Lin Zhichao smiled and said: "This is your management level, how to deal with these things in the future. But one thing is that troublemakers like Wang Yu should cooperate as appropriate and not be tied to the company."

He knew that Zou Wenhuai had been wooing Wang Yu and expected to change jobs next year.

Zou Wenhuai said: "No problem!"

At this point, he has similar views.

After chatting for a while, Zou Wenhuai returned to the Jiahe Film Office Building in Kowloon. Generally speaking, he will report to the media group only when Lin Zhichao calls him.

Normally, the vice president of the group, Li Ziduo, supervises on behalf of Lin Zhichao.

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