Chapter 289 Li u0026 Fung Group (7K chapter, please subscribe~)
Inside a fine dining restaurant in Tsim Sha Tsui.
Gu Xiaomei was looking at Chu Huan excitedly at this time, and asked excitedly: Young Master Huan, brother, can I really go to Youyu Records to be a singer?
After Gu Chengxi found her younger sister at the store in the Ocean Terminal, Gu Xiaomei was still a little bit confident, It's impossible to buy me with a famous bag!
As a result, when Gu Chengxi whispered in her ear that Chu Huan would let her join Youyu Records, all of Gu Xiaomei's manipulations disappeared in an instant, and Gu Chengxi became her cutest sister.
I am going to be a big star, so naturally I will not do the job of a shopping guide, so under the puzzled eyes, Gu Xiaomei resigned from her current job proudly, and then said that she is going to be a big star!
When she followed Gu Chengxi to the parking lot, she saw Chu Huan, which made Gu Xiaomei very excited.
Naturally, she could no longer be left alone.
Chu Huan took the two sisters to a nearby high-end restaurant.
Do you want to be a singer or an actor? If you are a singer, go to Youyu Records, if you are an actor, go to black and white video!
Chu Huan preached indifferently.
Gu Chengxi is so beautiful. As Gu Chengxi's younger sister, Gu Xiaomei has inherited the fine traditions of their Gu family, and her image is very good. Whether she is an actress or a singer, she is above the pass line.
Happiness came so suddenly that Gu Xiaomei couldn't believe it.
The circle that I used to break my head and wanted to enter, but couldn't, can now easily enter.
Then can I do both?
Gu Xiaomei couldn't help asking.
Sure enough, Gu Xiaomei has grown up and is no longer a child. She knows that the best choice for an adult in the world is not to make a choice, but I want it!
Gu Chengxi glanced at his sister reproachfully.
Chu Huan smiled indifferently and said, Okay, but it's best to do one thing first. You're still young. If you do both at the same time, it's easy to displease both sides!
As long as Gu Xiaomei joins the entertainment circle, she will be what later generations call a proper resource bar!
As a resource guy, it's always easy to be jealous, especially when you don't perform well but get good resources, it's even easier to be scolded.
When Xie Xiaochu from the Hong Kong circle made his debut in the early days, he was a resource guy, and when he sang on stage, he was scolded by the fans in the audience.
Later, the same is true of Jing Xiaotian in internal entertainment!
Gu Xiaomei raised her neck, dragged her chin with one hand, pointed her chin with one finger, thought for a while and said, Then I'll be a singer first!
Chu Huan said nonchalantly: Then you can go to Yuyu Records to report tomorrow!
Yeah! Gu Xiaomei nodded happily, and then looked at Chu Huan full of curiosity: Brother Huan, are you really the boss behind Yuyu Records and True News?
Gu Xiaomei has a star dream, but she is not a fool. Seeing her sister with Chu Huan, and hearing that Chu Huan can let herself join Youyu Records at any time, even if Gu Chengxi didn't tell Gu Xiaomei about these two things, Gu Xiaomei would have guessed it herself. .
Hearing Gu Xiaomei's question, Gu Chengxi immediately said: Little sister, don't tell anyone about these two things, or you will miss Brother Huan's business plan!
Gu Xiaomei said carelessly: I know, I'm not stupid!
Seeing her sister like this, Gu Chengxi was also speechless for a while, but she still warned: By the way, don't talk about your relationship with Brother Huan in the company!
Gu Xiaomei said regretfully: I can't say it, I still want to see other people's envious eyes!
She is Chu Huan's sister-in-law, and if she reveals her identity, she will show her face more than if she is a big singer!
Gu Chengxi nodded seriously: You can't say, otherwise, I won't let you go to Yuyu Records!
Okay! Gu Xiaomei nodded helplessly, and said, If you don't say it, don't say it.
The food is here, let's eat! Seeing the waiter bring the food, Chu Huan said with a smile.
After dinner, Chu Huan asked Yang Wei to send Gu Xiaomei home, while he and Gu Chengxi returned to the apartment!
After Gu Chengxi returned to the apartment, her face turned red. Seeing Chu Huan's playful eyes, she blushed and pushed Chu Huan into the bathroom, Let's take a shower first.
Chu Huan asked with a smile: Then do you want to brush your teeth first?
Gu Chengxi's face turned redder.
the next day!
Chu Huan returned to Jiahu Building.
Has anyone from the Li \u0026 Fung Group come?
Chu Huan sat there and asked Xu Yi.
Xu Yi said with some indignation: Not yet!
Chu Huan smiled and said, If you don't come, don't use it. Tell Luo Decheng about it, and take action against Li \u0026 Fung Group first!
Xu Yi nodded and said, Understood!
Also call Zhong Zhichen from Fantasy Comics! Chu Huan continued to order.
Xu Yi nodded and went out to do something.
An hour later, Zhong Zhichen came to Chu Huan's office.
President, is it time to act?
When he said this, Zhong Zhichen looked excited.
Chu Huan nodded and said, That's right, what's the current financial situation of Fantasy Comics?
Although Zhong Zhichen is not the editor-in-chief of Fantasy Comics, everyone in Fantasy Comics now knows that Chu Huan is focusing on training Zhong Zhichen, and even Kamakura Yasuo has acquiesced to this.
So Zhong Zhichen is now the deputy editor-in-chief of Fantasy Comics.
However, with the completion of the Youth Toys Factory, Zhong Zhichen will replace Yasuo Kamakura as the person in charge of Youth Toys. Of course, he will still belong to Fantasy Comics.
In other words, Kamakura Yasuo is still Zhong Zhichen's immediate boss.
Now the company still has 180 million cash in its account! Zhong Zhichen said proudly.
There are not many companies that can guarantee this cash flow in the entire Xiangjiang.
Chu Huan nodded in satisfaction, and said with a smile, Then let's start!
Zhong Zhichen said, Okay!
As for what action to take, the two had actually discussed it for a long time, but Chu Huan was waiting for the Li \u0026 Fung Group to come to their door at the beginning. Since the other party now holds his own identity, Chu Huan will naturally not be used to them.
Li \u0026 Fung Group, an old consortium in Xiangjiang, was founded in 1906 and was called Li \u0026 Fung Hong at the time. The founder, Feng Boliao, was a famous businessman in the late Qing Dynasty!
Feng Bailiu and his friend Li Daoming founded Li \u0026 Fung Hong in Yangcheng in 1906 as a joint venture, with Feng holding 51% of the shares.
Li \u0026 Fung was the first Chinese-funded commercial firm in China to directly engage in foreign trade at that time. At the beginning of its establishment, Li \u0026 Fung’s business was mainly engaged in the import and export of porcelain. A year later, it gradually expanded to other goods, including bamboo ware, rattan ware, and fireworks. , jade and ivory handicrafts, etc.
Li \u0026 Fung Hong pays great attention to the design and packaging of innovative products, such as the creation of paper-sealed firecrackers to replace traditional clay firecrackers. Because the new products are lighter in weight, the import tax is reduced accordingly, which saves buyers money and eliminates traditional firecrackers. Dusty downsides, turned out to be a hit.
Later, the Black Cat brand of firecrackers and fireworks that Li \u0026 Fung represented became the best-selling brand-name products in Europe and the United States.
Feng Boliao also used this to become a generation of wealthy businessmen.
After the war broke out, Feng Boliao immediately moved Lifenghang to Xiangjiang, and his son Feng Hanzhu served as the company manager.
In 41, Feng Boliao passed away unfortunately, and the family business was taken over by brothers Feng Hanzhu and Feng Muying.
After the war, the two brothers Feng Hanzhu first made a fortune in Xiangjiang by acting as an agent of North American ballpoint pens. In the 1950s, Li Fung Hong adjusted its business policy due to changes in Xiangjiang's economic development and changed its business focus from The export of home-grown products has shifted to acting as an agent for the export of locally-made products in Xiangjiang, including garments, toys, electronic products, firecrackers, plastic flowers, and traditional ceramics and handicrafts.
At the same time, it also marched into industrial production, investing in the manufacturing of plastic flowers, rattan furniture, woodware and metal tableware.
In the 1960s, world trade protectionism began to rise, and a quota system was implemented for textile and garment exports. Li \u0026 Fung was allocated a large amount of quotas due to its large volume of garment exports, and became one of the largest garment exporters in Hong Kong.
During this period, Li \u0026 Fung further diversified its business. In 1957, it rebuilt three of its residential buildings located at No. 18-20, Connaught Road Middle, Xisheng, Central, and built a 12-storey office building Fung's Building. The location of the group's headquarters.
Li \u0026 Fung also developed the warehousing industry, leased out warehouses, and merged with Mingshang Consolidation Co., Ltd., which operates cargo distribution and transshipment.
In the 1970s, Li \u0026 Fung entered the shipping and financial industries.
Last year, Li \u0026 Fung jointly purchased several second-hand cargo ships with other companies to operate the shipping industry. In the next few years, it will cooperate with Hekang Nian Bank to establish Likang Credit Co., Ltd. to provide trade financial services for local factories in Xiangjiang.
Also last year, Li \u0026 Fung, which had been renamed Li \u0026 Fung Group, went public in Hong Kong.
Now Li \u0026 Fung Group owns the largest toy retail chain company in Xiangjiang. In the 1980s, the most famous Toys R Us in Xiangjiang was jointly established by Li \u0026 Fung Group and a North American company. At the same time, Li \u0026 Fung Group will also invest in Circle K convenience store.
Without the appearance of Chu Huan, K Convenience Store would have become the second largest convenience store in Xiangjiang after 7-11 in that period.
At this time, Xiangjiang, a toy company under the Li \u0026 Fung Group, can be said to have the most complete toy sales channels in Xiangjiang, Southeast Asia and other places.
Even Japan, European and American markets have certain sales channels.
So Chu Huan wanted to use this lawsuit to reach a cooperation with Li \u0026 Fung Group, but judging from the current situation, the other party did not intend to bow to Chu Huan.
Prior to this, other toy distributors had already bowed their heads to Fantasy Comics, but the rich and powerful Li \u0026 Fung Group did not.
In their view, since they have the largest sales channel in Xiangjiang, no matter how famous you are in Xiangjiang, Chu Huan, as long as you want to make a difference in this industry, you should come to us.
Instead of us begging you.
So after Chu Huan came to the company today, he was the first to ask Xu Yi if Li \u0026 Fung Group had sent someone to negotiate.
Since the other party insisted on his identity and didn't come over, Chu Huan naturally wasn't used to the problem of Li \u0026 Fung Group.
Fantasy Comics is now rich and powerful, and it can completely establish its own Toys R Us during the period when the youth toys started construction!
Zhong Zhichen said: Now I have contacted the major shopping malls in Xiangjiang, and they all welcome our Toys R Us to enter their malls. In addition, I have also contacted a large store in Causeway Bay. The other party is willing to sell, but the asking price 30 million, we are negotiating with the other party now, if it can be won, it will become the flagship store of our youth Toys R Us!
Basically, there is no need to think about buying the shops in the mall. Basically, the shops in all the malls in Xiangjiang are mainly for rent.
Regarding this point, Chu Huan had no choice but to buy it at a shop facing the street that was chosen as the flagship store in Causeway Bay.
Chu Huan slightly raised his forehead and said: If you have any problems with personnel, go to Xu Yi. I have already notified Jiaku Consulting Company, and the members of the third team in the secretary office will be lent to you for use!
During this period of time, Jiaku Consulting Company has been expanding its enrollment, and there are already four teams in just one secretarial office, but there is still a lot of distance from the seven teams that Chu Huan requested.
At the same time, the members of the company also deeply felt the high elimination rate in the company at this time. In a few months, Jiaku Consulting Company has eliminated nearly 20% of its staff.
High income means high risk!
This point is also applicable to Jiaku Consulting Company!
Zhong Zhichen naturally knew about Jiaku Consulting Company, and he was very happy to hear Chu Huan's order. Zhong Zhichen had also heard about the cruelty of Jiaku Consulting Company.
OK!
After the two discussed, Zhong Zhichen immediately left Jiahu Building to prepare to start his own Toys R Us.
As for the overseas sales channels of toys related to Fantasy Comics, Chu Huan also handed over this matter to Jiaku Consulting Company at this time, and asked the people in the operation team to discuss a solution within a month!
Also located in the Fung Building in Central!
In the chairman's office, father and son Feng Hanzhu and Feng Guojing were also discussing about Fantasy Comics.
Daddy, the people in charge of various toy stores are calling to ask when the peripheral toys of Fantasy Comics will be available again. The toy store has lost a lot of customers during this period of time!
Born in 1945, 29-year-old Feng Guojing received a Ph.D. in economics from Harvard University in North America last year, and now he has joined Li \u0026 Fung Group and is responsible for the company's Toy City.
Where Feng Hanzhu was sitting, his expression didn't change. He just asked calmly, Is there any movement from Chu Huan?
Feng Guojing shook his head and said, Since Luo Decheng's lawyer sent the lawyer's letter, there has been no movement from Chu Huan.
Feng Hanzhu continued to ask: What about those toy manufacturers in Xiangjiang?
Feng Guojing said: According to the information we got, Qin Shihong from Tianhua Toys personally went to Jiahu Building to meet Chu Huan. Today, Tianhua Toys got in touch with the people from Fantasy Comics, and they are now communicating with the people in Fantasy Comics. Shape design of Transformers toys.
In addition, Chu Huan also met Cai Zhiming of Rising Sun Toys yesterday, but after the other party came out of Jiahu Building, he came to me for a drink and said that Chu Huan was going to leave him.
After talking about Tianhua Toys and Rising Sun Toys, Feng Guojing continued, As for the other toy manufacturers, although they haven't met Chu Huan, they have already accepted the request made by Fantasy Comics!
After listening to Feng Guojing's speech, Feng Hanzhu showed a playful expression on his face, and said, This Chu Huan is still the same as before!
Feng Guojing looked at his father in confusion, and asked, Daddy, what do you mean?
Feng Hanzhu said: I have studied this Chu Huan. No matter what line of work I am in, I like to be the first in this industry. The film industry is in decline. If it is not for Li Xiaolong, it may have closed down. Shaw's style is conservative. I no longer have the ambition to make drastic reforms in the early days, and I will definitely be caught up by black and white images in two years.
Fantasy Comics was at its peak when it debuted, and even acquired Yulang Books, forming a monopoly position in Xiangjiang.
Jiahu Textile, this may be the last thing he cares about, but even so, he went ahead of all the textile factories in Xiangjiang, took the lead in developing the air spinning technology for denim, and successfully transformed the garment industry.
In the real estate industry, Hong Kong's largest super city within Huaye City was built first, and then Hang Lung Real Estate was acquired, becoming the well-deserved No. 1 in Huazi real estate in Xiangjiang at this time!
Now that he is going to get involved in the toy industry, I think his original intention will not change!
Feng Guojing was also envious for a while, but then he continued: Daddy, even if Chu Huan wants to be the No. Lifeng Toys is not a vegetarian either, but now his toy products have not been launched yet, so we confront him, he has no loss, but for us, the loss is real!
Feng Hanzhu attached great importance to his son, and after hearing what he meant, he understood: Do you want to cooperate with Chu Huan?
Feng Guojing did not hide his true thoughts, I really think so. I have calculated that it will take at least three months from now to the launch of the Fantasy Comics toys. If within these three months, we Toy City does not have the peripherals of Fantasy Comics, and it will lose at least 30 million in net income, which is not worth the candle!
Feng Hanzhu chuckled, You calculated this data, do you think Chu Huan didn't calculate it? That's why he asked us for 30 million compensation.
Feng Guojing said: Of course I know this, and I have already thought about it. This time I am negotiating with Chu Huan, I will definitely ask the other party for the franchise rights of toys related to Fantasy Comics. With this franchise right, no matter whether Chu Huan wants to get involved in the toy sales industry or not, we can rely on the big tree to enjoy the shade!
From Feng Guojing's point of view, since Chu Huan has already started to develop the peripherals of Fantasy Comics, according to Chu Huan's personality, he must invest a lot of money. At that time, Chu Huan will pay for the advertisement himself to increase his influence, and Isn't it a good strategy for their toy city to secretly eat bonuses in the back?
Therefore, Feng Guojing didn't care much about Chu Huan's request for 30 million compensation, because he knew that as long as he could cooperate with Fantasy Comics, their company's revenue would far exceed this amount.
Feng Hanzhu shook his head and said: Although it is good to enjoy the shade under the big tree, there will never be a way to grow a towering tree under the big tree.
Feng Guojing showed a puzzled expression. Although Lifeng Toys is now the largest toy store in Xiangjiang, they are only responsible for sales in the final analysis and do not have their own products.
As for Chu Huan's establishment of his own toy company, what he wants to do is actually sell the peripherals of Fantasy Comics.
Although both are toys, these are two concepts, and there is no reason for the two parties to become competitors.
Feng Hanzhu obviously saw the doubts in his son's heart, and said with a smile, Do you think I'm making a fuss out of a molehill?
Feng Guojing didn't answer, but the meaning was already very clear!
You can see the profits from Fantasy Comics, so why can't Chu Huan see the profits from other toys?
What if Chu Huan wants to use the peripherals of Fantasy Comics to drive sales of other toys? At that time, do you think that when we helped Chu Huan increase the influence of the peripheral sales of Fantasy Comics, did he have more customers in the toy city, or did we have more customers in the toy city?
Feng Guojing didn't know how to answer for a moment.
Don't worry, I've already calculated. This time, Chu Huan will definitely come to beg us. It's not that I don't want to cooperate with Chu Huan, but this cooperation must be our Lifeng who takes the initiative, not Chu Huan holds the initiative.
Feng Hanzhu continued to preach.
Feng Guojing asked: But Daddy, you also said that no matter what industry Chu Huan is in, he wants to be the biggest. If we push Chu Huan too fast, he will set up a toy city by himself. what to do?
Feng Hanzhu said confidently: If you want to achieve the same scale as our toy city, how much does Chu Huan need to invest?
Feng Guojing calculated silently in his heart and said, At least 100 million Hong Kong dollars!
Feng Hanzhu smiled and said: That's right, 100 million in cash is not a small amount. You really think that Chu Huan is HSBC. He spent at least 700 million in cash to buy Hang Lung Real Estate before. I believe this The funds must have almost covered the working capital of the various companies under Chu Huan's name. In addition, he also started to build the Tseung Kwan O studio and two major factories, all of which required huge capital investment.
100 million in cash, I think he can't even come up with 30 million in cash now, why should he invest in Toy City by himself under such circumstances.
He is just pretending to be a tiger now. Seeing that there are still three months to go, the Youth Toy Factory can already produce finished products. If there is no sales channel from our family, why should he open the Xiangjiang market? Not to mention the markets in Southeast Asia, Japan and other places!
No matter how I count, Chu Huan needs to beg us this time!
Speaking of this, Feng Hanzhu proudly said to Feng Guojing: Calm down, you are in a hurry, Chu Huan is more anxious than you!
This is one of the reasons why Chu Huan chose not to list his company. If the company is not listed, the financial situation does not need to be disclosed. In this way, the public will have no way to know the specific situation of the companies under Chu Huan's name!
Even though Feng Hanzhu is a senior at the Xiangjiang Mall, he still can’t guess Chu Huan’s real situation. Chu Huan’s Tseung Kwan O studio has already prepared funds in the early stage, and now the overseas box office share of Enter the Dragon has also arrived, which can fully pay for the construction. The cost of the set.
The two major factories and the printing factory add up to only 40 million from the construction of the factory building to the purchase of machines and employment of labor. The investment in the toy factory is larger, but the total investment is only 70 million. Fantasy Comics took it easy.
The most important thing is that Feng Hanzhu only knows that the sales of Fantasy Comics are very good, but he doesn't know the specific data. Naturally, he has no way to know the profits of Fantasy Comics.
As for Chu Huan’s other companies, Jiahu Textile, Hang Lung Real Estate, and Huhua Real Estate are already self-sufficient after Chu Huan injected funds in the early stage. Except for the final payment, basically there is no need to worry about the financial situation.
Although the real estate industry in this era of Xiangjiang is huge profits, for real estate companies, the most important assets are the appreciation of land and housing prices.
After the impact of this year's stock market crash has completely passed, the asset value of Huhua Real Estate and Hang Lung Real Estate will increase exponentially. At that time, it will be the time for real estate companies to show their power.
Whether in the mall or on the battlefield, intelligence is always the most important.
Wrong information can even play a decisive role in the outcome of a war.
Chu Huan knew this early on, so he established Jiaku Consulting Company.
Obviously, Feng Hanzhu thought he had all the information about Chu Huan, but in fact, he knew nothing about Chu Huan.
It can be said that before the contest between the two sides started, Chu Huan already had the upper hand!
Feng Guojing listened to Feng Hanzhu's words, and at this moment even thought that he was really worrying a little bit.
Thinking of this, Feng Guojing said with a smile: If that's the case, then I'll go to a meeting with the heads of the various toy towns now, and stabilize the morale of the army first!
Feng Hanzhu nodded in satisfaction, and said with a smile: Yes, you have to remember that although Chu Huan is quite capable, he is still a human being, and he will make mistakes. As a businessman, we should recognize his ability. But you can't be restrained when facing him because of these!
Feng Guojing nodded and said, I know Daddy!
Feng Hanzhu said with a smile: Then you go to work!
Um!
The contest between Li Feng and Chu Huan has already begun, but now both sides are still in the stage of testing each other, so Chu Huan naturally doesn't care.
When he was busy with the toy company, Chu Huan also used the spare time to meet Hu Yingxiang.
The construction of the Tseung Kwan O studio has already started. I have to say that Hu Yingxiang's work efficiency is very fast. It took only one month to settle the land use for the Tseung Kwan O studio.
Because most of Xiangjiang movies are set in the period of the Republic of China, after discussing with Chu Huan, Hu Yingxiang decided to take the lead in building the Republic of China area.
Chu Huan was invited here today to check on the construction progress!
Mr. Hu, there is no need for this between you and me. If I didn't trust you back then, I wouldn't have entrusted you with this matter!
Chu Huan was dragged here by Hu Yingxiang.
Hu Yingxiang smiled and said: Then you should come and see it too. You participated in the groundbreaking ceremony of the studio and never came again. This is out of time!
Chu Huan smiled wryly, but he could only visit under the guidance of Hu Yingxiang!
Woke up late again~~So embarrassing~~The next chapter is at 11 am~~