Chapter 484 You can do it to Wheelock (7K chapter, please subscribe~)

  Xiangjiang, No. 12 Mount Kellett Road, Chu Family Manor!

Chu Huan and Cao Yunshang returned to Xiangjiang in North America. At this time, Cao Yunshang had already changed into a bathrobe, wrapped in a perfect body in a swimsuit, and was sitting on a deck chair on the third-floor rooftop, where he could have a panoramic view of the entire Xiangjiang River. In addition, there is an open-air swimming pool next to it. They live at the highest point of Xiangjiang, so they don't have to worry about anyone being able to see the scene here.

  At the same time, besides Chu Huan and Cao Yunshang, there are also five girls, Miao Kexiu, Lin Qingxia, Zhao Yazhi, Zhu Xiaozhao, and Gu Chengxi.

  Lin Qingxia and Zhao Yazhi were playing in the swimming pool wearing swimsuits of two different colors, one black and one white. Miao Kexiu and Zhu Xiaozhao were grilling meat in the oven beside them.

  Because there are no outsiders here, their swimsuits are very hot.

  Although Xiangjiang has started to be hot in June, it is not so hot here thanks to the outdoor air conditioner.

   Gu Chengxi sat next to Cao Yunshang curiously, and asked Cao Yunshang about Chu Huan's fight with Ford in North America.

At this time, Chu Huan was wearing only a pair of shorts, and walked over with a can of frosty Coke in his hand. Seeing this, Zhu Xiaozhao walked over and handed Chu Huan a freshly baked chicken wing, and told Chu Huan to be a little hot.

   "It's still comfortable at home!"

  Chu Huan took off his slippers and sat by the pool. Seeing this, Lin Qingxia swam over, took the chicken wings from Chu Huan's hand, and laughed triumphantly.

  Miao Kexiu gave Lin Qingxia a doting look, then brought another chicken wing for Chu Huan, and took advantage of the opportunity to sit beside Chu Huan.

   "Brother Huan, how long have you and sister Yunshang been in Xiangjiang this time?"

  They already knew that Chu Huan and Cao Yunshang ended their honeymoon trip early this time and returned to Xiangjiang to wrap up the affairs of Hyundai Group.

  If this matter is over, Chu Huan and Cao Yunshang should continue their honeymoon trip.

   Facing the curious eyes of several girls, Cao Yunshang said with a smile: "Don't worry, brother Huan will not go to Europe with me this time, he will stay in Xiangjiang."

  Hearing what Cao Yunshang said, several girls showed more curiosity.

Especially Zhu Xiaozhao and Gu Chengxi. The two of them knew that Chu Huan and Cao Yunshang's trip to Europe was not just a simple honeymoon trip. At the same time, Cao Yunshang wanted to buy a Printemps department store in France and enter the luxury market. .

   "Sister Yunshang, is there something wrong with Brother Huan's cash flow?" Gu Chengxi asked curiously.

Cao Yunshang shook his head, and said: "Of course not, Brother Yi Huan's cash flow can scare a lot of people to death, mainly because Brother Huan also has things to do in Xiangjiang, so I am the only one going to Europe this time! "

  What is more important than Cao Yunshang's acquisition of Spring Department Store?

   is actually Wheelock's business.

  Although from the perspective of future generations, Wheelock's future development is not as great as the luxury empire's development potential, but Xiangjiang is Chu Huan's base.

   And with his battle with the Ford family in North America, his reputation has directly resounded throughout Europe and the United States. If he continues to be so high-profile at this time, it is likely to cause some unnecessary troubles.

  So after discussing with Cao Yunshang, Chu Huan decided to go to Europe to buy Spring Department Store and leave it to Cao Yunshang alone.

  Actually, this is also a chance for Cao Yunshang to exercise himself.

  In Xiangjiang, relying on her father Cao Wenjin, the ship king, and her husband Chu Huan, the richest man in Xiangjiang, Cao Yunshang's business can be said to be unfavorable, so this time, Cao Yunshang also wants to prove her ability.

   "Sister Yunshang, yourself?" Gu Chengxi rolled his eyes, hugged Cao Yunshang's arm, Shuangfeng rubbed on Cao Yunshang's arm, and said, "Would you be lonely by yourself?"

   "I'm not your brother Huan, hurry up and change the way!" Cao Yunshang pulled out his arm and said in disgust.

   "No, haven't you seen that Brother Huan is having fun chatting with Azhi now?" Gu Chengxi hugged Cao Yunshang's arm again, and said coquettishly.

  Cao Yunshang also looked at Gu Chengxi helplessly, and asked, "Do you want to go to Europe with me?"

Gu Chengxi naturally has nothing to hide here, nodded, and said: "That's right, "True News" only participated in the report on the matter of Brother Huan's acquisition of Ford Motor shares before, this time I want to follow up and report the whole process You bought Spring Department Store!"

  Cao Yunshang did not answer Gu Chengxi immediately, but looked at Chu Huan, who was sitting by the swimming pool not far away, who was getting tired of Zhao Yazhi.

  Chu Huan, as if he had eyes behind his back, replied directly: "I don't care about this matter, it's your own business, just discuss it!"

  Cao Yunshang looked at Gu Chengxi's blinking eyes again, and finally said: "Okay, but let me read every manuscript of yours first!"

  Gu Chengxi immediately said happily: "No problem!"

In the swimming pool, Lin Qingxia, who poured water on Chu Huan, stood in the middle of the swimming pool, and asked Chu Huan curiously: "Brother Huan, you came back so low-key this time, even the media in Xiangjiang didn't get any news, are you worried? Are they bothering you?"

Although Zhao Shizeng said that Chu Huan would definitely receive a hero's welcome when he returned to Xiangjiang this time, but in fact Chu Huan didn't care about this kind of thing at all, so he came back very low-key, and no Xiangjiang media knew. Gu Chengxi knew , but with Chu Huan's order, it is naturally impossible for Gu Chengxi to disclose this news.

   "Otherwise, how about we have such a relaxing moment now?"

  Chu Huan was talking, kicked up some pool water and hit Lin Qingxia.

  Lin Qingxia pouted and looked at Chu Huan dissatisfied.

  Cao Yunshang came to Chu Huan and sat beside her. Zhao Yazhi, who was held in Chu Huan's arms, wanted to escape, but was held in her arms by Chu Huan.

   "Did Zheng Zhouyong say when he will be here?"

  First under the pressure of the Ford family, and then under the pressure of the Park Chung-hee government and other chaebols in South Korea, Zheng Zhouyong finally couldn't bear it.

   He took the initiative to call Chu Huan again, saying that he would come to Xiangjiang to apologize to Chu Huan in person.

  Chu Huan nodded, and said: "He will fly to Europe first to make a show, and then arrive in Xiangjiang in July!"

  Zhu Xiaozhao and Gu Chengxi also walked to the pool and sat down in a row. Gu Chengxi teased: "Zheng Zhouyong is thinking of coming back when his influence has dropped a bit!"

  Zhu Xiaozhao said with a smile: "The other party is also a person who promises everything in South Korea after all, so save face!"

   As for Chu Huan's business affairs, only Gu Chengxi and Zhu Xiaozhao can get involved, Miao Kexiu, Lin Qingxia, and Zhao Yazhi can't get involved at all.

  Hearing Chu Huan and the others discuss this matter at this time, they could only listen.

Cao Yunshang said worriedly from the side: "This matter is so big now, Europe, America, and Asia are all aware of it, and the reaction from South Korea is even stronger. I asked someone about the situation in South Korea in the past two days. They are now very resistant to the products of the Jiaku series!"

  Hearing what Cao Yunshang said, Lin Qingxia who was playing in the water, Zhao Yazhi who was shy in Chu Huan's arms, and Miao Kexiu who was sitting not far away all looked at Chu Huan worriedly.

  Although they don't understand the business matters, they can also feel that this matter is not over yet.

   Regarding this, Chu Huan just smiled, and said without thinking: "Everything is time-sensitive, no matter how sensational it is when it happens.

  The products of the Jiaku series have already penetrated into the bones of South Koreans, and they cannot really boycott them just by saying a few words of boycott.

  The body is always more rational than the brain! "

  The reason why Chu Huan is so determined, to be honest, it is a very sad thing that Chu Huan understands.

  In later generations, those luxury brands made many remarks and actions that were unfavorable to their hometown, and even copied the ancient horse-faced skirts from their hometown.

   But what happened?

  On the Internet, the scolding is quite fierce, but did it delay these brands from misappropriating money in their hometown?

No!

  No impact at all!

  Then, those brands found out, so you can only protest and play tricks?

  That's it.

  The result is that those brands will become more unscrupulous and blatant. While collecting money from Chinese people, they will collect money from foreigners overseas because of their political correctness.

   This is the way people make money.

Speaking of this, Chu Huan felt a little useless, so he took sports brands as an example. The Chinese people clamored to boycott those sports brands, and many celebrities terminated their contracts one after another. Re-sign.

   It's really embarrassing, I threw it at my grandma's house!

  The topic got a bit far away, and when it comes to this matter again, Chu Huan never worried that he would lose the South Korean market because of his conflicts with Hyundai Group and the protests of South Koreans.

  To put it bluntly, South Koreans have no choice at all.

  It’s the same as many South Koreans clamoring to punish chaebols. The clamoring is clamoring, but it doesn’t delay their consumption of chaebol products at all.

Zhu Xiaozhao said: "But even so, the loss of the Jiaku Department in South Korea during this period is not small, right? In addition to the time required to regain the market, the entire Jiaku Department will have at least a loss of 100 to 200 million yuan Bar?"

  Chu Huan nodded, and said: "Xu Yi sent the financial statement before, and the company lost 160 million Hong Kong dollars in South Korea during this period."

  Although the overall battle was won this time, it is undeniable that the loss of the South Korean market is real.

  So this is why Chu Huan asked Zheng Zhouyong to come to Xiangjiang to apologize in person.

   This is the first time since Chu Huan was reborn that he suffered a loss in a business competition.

  Let yourself lose, and still want to apologize on the phone and get it over with?

   Dreaming!

  Chu Huan not only wants Zheng Zhouyong to apologize for his behavior this time, but also uses Zheng Zhouyong's influence in South Korea to bring the business of Jiaku Department in South Korea to a new peak.

  Any suppression is for profit, and Chu Huan is no exception!

   Vented, cool.

   Follow-up will be for the sake of profit!

   "Didn't you say yes, today is just to relax? Why did you start discussing business matters again?"

  Lin Qingxia in the swimming pool turned the water to everyone.

  Now Lin Qingxia is still just a 22-year-old girl, without the blessings of those characters in later generations, so her current personality is lively and cute.

Everyone laughed when they heard her words. Several girls took off their bathrobes and jumped into the swimming pool wearing swimsuits of different colors. Cao Yunshang who was beside Chu Huan dragged Chu Huan down immediately. .

   After three days of relaxed and lively life, these girls went to do their own things.

Cao Yunshang pulled Gu Chengxi to start researching the acquisition of Spring Department Store in France, and Zhu Xiaozhao flew to Japan. The progress of Yunhai Chain in Japan is very smooth, and the next step is to enter Taiwan Island and Southeast Asia, so Zhu Xiaozhao is going to finish things.

  Miao Kexiu, Lin Qingxia, and Zhao Yazhi are currently the hottest female stars in Hong Kong, and they each have their own activities and movies to shoot.

  At this time, Chu Huan was suddenly left alone in the manor.

  Looking at the huge manor, getting acquainted with the bustling Chu Huan, he felt uncomfortable for a while.

   Fortunately, there will be work to fill Chu Huan's time.

.

  Qi Dezun arrived at Chu Huan's manor by car.

   "A Huan, what you did in North America really shocked the whole Xiangjiang!"

   Qi Dezun, who followed the manor's servants to Chu Huan's study, immediately told Chu Huan about Chu Huan's stay in North America.

   It has been more than a week since Chu Huan acquired the shares of Ford Motor and became a shareholder of Ford Motor, but now Xiangjiang media and newspapers are still talking about this matter, so we can see the influence of this matter!

   "Mr. Taiban, the matter is over, and there is no point in talking about it anymore. Let's talk about the Xiangjiang matter!"

  Chu Huan said with a smile.

  Qi Dezun admired: "If this matter were replaced by someone else, I'm afraid there will be a party for several days in a row. A Huan, you just let it go so lightly?"

  Chu Huan had a party, but it was on a small scale, and it was more of a thank you than a celebration.

  Although Guo Bingxiang and the others did very little in the battle to acquire the shares of Ford Motor, they actually helped Chu Huan a lot.

  If they hadn't come forward, Chu Huan would not have been able to stabilize the shareholders of Ford Motor so easily.

   Naturally, it is impossible to go so smoothly.

  So after returning to Xiangjiang, Chu Huan invited Huo Tsar, Guo Desheng, Feng Jingxi, Lao Kadoorie, Zhao Congyan, Tang Jiqian, Zheng Yutong and others to the manor and held a thank you banquet.

   It's just that this thank you banquet is very low-key, and outsiders don't know it.

   "How is the negotiation of Wheelock going?"

  Chu Huan knew that if this kind of thing continued, it would be endless, so he decisively brought the topic to the acquisition of Wheelock.

  Wheelock was founded by George Marden in 1925. The name at that time was E.Marden Co., Ltd. It mainly engaged in shipping, warehouse and other businesses.

  In 1932, the company merged with Shenghai Tug & Barge Co., Ltd., and was formally reorganized into Wheelock Co., Ltd., and its business also expanded to steel, insurance, real estate and trust investment.

  In 1941, after the outbreak of the Pacific War, Wheelock moved its headquarters from Shenghai to London, England.

After the war, George Madden brought Wheelock to Xiangjiang and used it as the main place of business. However, George Madden was not very confident about the prospects of Xiangjiang. Therefore, among the four foreign firms, Wheelock valued mobility the most. Higher ocean shipping.

  George Madden retired and John Madden succeeded, although John Madden compressed Wheelock's shipping business and strengthened its performance in real estate and retail.

  For example, reorganize its listed company Xiangjiang Hemp Cable Co., Ltd., and change its name to Xiangjiang Real Estate Trust Co., Ltd. as the flagship company of the group to develop real estate business.

   Then in 1968, Lane Crawford, which had a long history in Xiangjiang, was acquired. At the same time, through Lane Crawford, it acquired Huashi Department Store, one of the four major Chinese department stores in Xiangjiang.

But in fact, in the heart of John Madden, shipping is still the most important, so in 1971, Wheelock reorganized its listed company Steel Industry Co., Ltd. and changed its name to Wheelock Shipping Co., Ltd. Defeng develops the flagship company of the shipping industry.

   In addition, Wheelock also has an associated listed company conglomerate, which was originally a securities investment company as its main business, but under the leadership of John Madden, it gradually turned to invest in the shipping industry.

   In 1973, Baofu Development Co., Ltd., a fleet of joint ventures, was listed in Xiangjiang.

Up to now, Wheelock has 49 direct subsidiaries, including listed companies Real Estate Trust, United Realty, Harriman Development, Lane Crawford, Wheelock Shipping, United Enterprises and Baofu Development, etc. The company also has about 180 subsidiaries and 20 private companies, forming a huge diversified comprehensive enterprise group.

During this period, Wheelock’s operations have covered investment holding, merchant banking, finance, securities, futures trading, shipping, trade, wholesale and retail, real estate, aviation, tourism, insurance, and manufacturing, and the scope of investment has also extended from the Far East. To Southeast Asia, Australia and North and South America.

  However, in general, Wheelock's core business is still Heung Kong's real estate and shipping.

  After understanding the future development of the world's shipping industry, Chu Huan's goal is naturally not Wheelock's shipping industry, but Wheelock's real estate and retail.

  The most important thing is some overseas investment businesses of Wheelock, which can help Chu Huan open up the local market in the shortest possible time.

  Now Wheelock's shipping companies, including Wheelock Shipping, United Enterprises, and Baofu Development, have a total of 30 ships with a load capacity of more than 1.4 million tons.

   is a very important shipping group in Xiangjiang.

However, it is precisely because of this that most of Wheelock’s investment in the real estate industry has been taken away by the Zhang Yuliang family, and the shipping industry has always been a burden for Wheelock, which has led to Wheelock’s profits year by year in recent years. decline.

  In 1973, Wheelock's recurring profit was as high as 180 million Hong Kong dollars, but in 1974 it fell to 69 million Hong Kong dollars, and in 1975 it fell to 29 million Hong Kong dollars.

   This also led to the continued decline of Wheelock's stock price, which originally surpassed that of Qingzhou Yingni. According to the current stock price, Wheelock's market value at this time is only 713 million Hong Kong dollars!

   But Chu Huan understood that this was only caused by the general environment of Xiangjiang.

   In another ten years, Wheelock's market value will break through to HK$2.5 billion. This is due to the fact that Wheelock's shipping industry suffered heavy losses.

   Without the drag from the shipping industry, Wheelock's market cap would be higher.

  So for Chu Huan, now is the best time to acquire Wheelock.

If Chu Huan hadn't appeared, in October this year, John Madden of Wheelock would have contacted Hongkong Land to seek an acquisition, but now because Chu Huan notified Qi Dezun in advance, John Madden had the idea of ​​selling Wheelock Not only earlier, but also transferred from Landmark to Hehe International.

   "Nowadays, the biggest problem in the acquisition of Wheelock is not John Madden, but the Zhang Yuliang family. They value the real estate company under Wheelock very much and do not want to sell their shares."

   After discussing with Chu Huan, Qi Dezun told Chu Huan the difficulty of acquiring Wheelock.

After establishing Heung Kong Real Estate Trust Co., Ltd., Heung Kong Real Estate Trust acquired the United States Land Co., Ltd. of Zhang Yuliang’s family by issuing new shares and exchanging shares, and Zhang Yuliang’s family also became the major shareholder of Wheelock. The stock exceeds that of the John Madden family.

  But Zhang Yuliang is a low-key person, and he doesn't want too many people to know about his family's business, so except for a few people, outsiders don't know about this matter.

   In 1973, Real Estate Trust established Xialiwen Development Co., Ltd. to develop real estate business in various districts of Xiangjiang.

In addition, Wheelock also adopted the strategy of AB shares. In January 1972, the Board of Directors of Wheelock announced that it would change the issued 32.175 million ordinary shares into A shares, and for every two A shares, there would be one B share. The face value of each B share is 1/10 of that of A shares, but it has the same voting rights as A shares.

   In July 1972 and June 1974, Wheelock issued a large number of B shares twice.

  At that time, people in the industry estimated that the main purpose of Wheelock's move was to regain control of the board of directors.

  The board of directors has guaranteed the control of Wheelock, but in fact, there are many contradictions within Wheelock.

The two major shareholders of Wheelock, John Madden valued the shipping industry, and Zhang Yuliang valued the real estate industry. The two parties had a heated argument for a while. In the end, John Madden was in charge of the shipping industry, and Zhang Yuliang was in charge of the real estate industry. the contradiction between the two sides.

I still look at the current Wheelock from the perspective of future generations. In fact, after this period of time, Wheelock’s profits in the next few years will still be very impressive. For example, in 1981, Wheelock’s pre-tax profits It reached a terrifying 1.431 billion Hong Kong dollars.

   It is almost twice the current market value of Wheelock!

  Unfortunately, because John Madden is still determined in the shipping industry, so in 1983, Wheelock's pre-tax profit was only 368 million Hong Kong dollars.

  In return, John Madden announced sadly that year: the most difficult year for the manager of the group's main shipping subsidiary, Wheelock Shipping International Co., Ltd.!

  By 1984, Wheelock Shipping, which was heavily in debt and facing the threat of liquidation, was forced to sell the ships it owned at a low price.

  The plight of Wheelock Shipping has triggered conflicts between the Madden family and the Zhang Yuliang family, the two major shareholders of Wheelock Group.

  It turned out that in 1981, Wheelock Shipping ordered two cargo ships from Denmark with a total value of more than 400 million US dollars. However, the ships were still under construction, and global shipping has entered a recession.

In 1983, Wheelock Shipping wanted to seek financial support of about US$12 million from the same family of real estate trusts, but was rejected by the real estate trust with Zhang Yuliang's family as the major shareholder, forcing Wheelock Shipping to borrow 400 million from the parent company. Ten thousand US dollars to meet the urgent need.

   For this reason, the conflict between the two major shareholders of Wheelock has completely intensified.

  Although there are still several years before 1983, the two consortiums of Wheelock are still fighting fiercely in secret.

  Although Chu Huan doesn't like Wheelock's shipping company, it is undeniable that although the current oil crisis has brought some impact, it has not yet reached the point of destroying the shipping industry.

  So many people are still very optimistic about the shipping industry, thinking that this crisis is only temporary, and they will be fine as long as they get through it.

This also makes the shipping company under Wheelock, mainly Wheelock Shipping, still very valuable in the market. When Chu Huan controls Wheelock in his hands, he will start planning to sell the shipping industry. It is absolutely possible to make a lot of money, and even earn back the funds from the acquisition of Wheelock.

  The real estate industry is a long-term plan, while the shipping industry is a short-term goal of returning funds.

  Since John Madden wants to sell Wheelock, Wheelock's shipping industry must be fine. The problem lies in the real estate companies controlled by Zhang Yuliang.

  Actually, this matter is a bit troublesome. Chu Huan bought Wheelock in the name of Hehe International, which means that Chu Huan cannot personally come forward in this matter.

  Then what methods Chu Huan used against Zhang Yuliang, they naturally couldn't use them.

"Zhang Yuliang has no feelings for Wheelock. What he values ​​is nothing more than the value of those real estate companies. First, discuss with the other party whether he can get the shares of Wheelock in their hands at a normal price. If not, Then get the shares of Wheelock from John Madden first!"

   Chu Huan preached.

  As long as Hehe International gets John Madden's shares in Wheelock, then combined with Hehe International's shares in Wheelock, it will surpass Zhang Yuliang and become the largest shareholder of Wheelock.

   At that time, Hehe International, as the largest shareholder of Wheelock, with the support of Chu Huan's funds, would be too easy to deal with Zhang Yuliang.

  Qi Dezun nodded and said: "If this is the case, Zhang Yuliang can ignore it for now, but there is still one thing to consider!"

  Chu Huan asked with a smile, "What is it?"

   "The funds needed to acquire Wheelock!" Qi Dezun said: "Although Hehe International has started to make profits through reform and slimming, the cash in hand is still not enough to support Hehe International's acquisition of Wheelock!"

  Qi Dezun talked about the second problem that we have to face now.

  Chu Huan laughed, and said: "You don't have to worry about this matter, I can help you with funds!"

  Qi Dezun was stunned, "After you acquired the shares of Ford Motor, you still have enough energy to support Hehe International's acquisition of Wheelock?"

  Not now, but it will be available in July.

  Chu Huan said with a smile: "You don't need to worry about this, let's study the acquisition of Wheelock first!"

  Qi Dezun said: "As long as the funds are sufficient, there is no problem, but if your funds come in, don't you worry that those people know about our relationship?"

   Continue to code and try to finish the third chapter before 12 o'clock~

  

  

  (end of this chapter)