I want to be a giant of Hong Kong Island

Chapter 406 [Inventory [-]] (Ask for a monthly pass!)

After listening to the reports from Hong Kong Island Airlines and Global Terminal, the atmosphere in the meeting room is already up!
Wu Guangyao said, "Lorry, come and report!"

Luo Rui holds two positions, the president of Global Freight (Logistics) Company and the chairman of the board of directors of CMB, but both companies are second-tier subsidiaries, only slightly stronger second-tier subsidiaries.

However, due to the particularity of its business, CMB, a second-tier subsidiary, needs to report separately.

Luo Rui said: "Boss, all shareholders and colleagues. China-Brazil has taken on a completely new look, and the people of Hong Kong Island are very appreciative of our management. Although our investment has greatly increased, our income has also greatly increased without price increases. It has increased. At present, the bus advertisements of China Bus Company are very prosperous, which has increased by ten times compared with the original advertising revenue.”

Although CMB is nothing in front of the first-level subsidiary of Global Group!
But after all, it is Wu Guangyao's first Hong Kong Island franchise, and if it is well managed, it can bring Wu Guangyao a certain reputation;

At this time, the citizens of Kowloon and the island have compared each other. The service and environment of CMB are now significantly better than those of KMB;

This will naturally bring some fame to Wu Guangyao!
Wu Guangyao said: "Well, the development is good! But you have to remember that on the premise of improving the service quality and promoting the modernization process of China-Brazil, we will consider profitability; this is when we acquired China-Brazil. The commitment made by the citizens of Hong Kong Island.”

Luo Rui is a major participant in the acquisition of CMB, so he naturally knows every detail of the promise!
"Boss, don't worry! We will definitely fulfill every promise!"

At this moment, Sandas looked at Wu Guangyao's noble character, and wondered if he was going too far;
Because, Sandas once believed that Wu Guangyao's acquisition of China-Brazil was because of the land of China-Brazil.

In fact, Sandas is not too much. The land of CMB is really one of Wu Guangyao's main goals.

The last president to report is the focus of everyone's attention!

Seeing that everyone was looking at her excitedly, Gao Ke knew that she had to focus on the point.

"Global Shipping made a profit of 4.3 million U.S. dollars last year. If all of it is used to pay for shipping and loans, Global Shipping will achieve zero debt."

Everyone in the conference room gasped, what an incredible result!
The smiles on the faces of the HSBC duo squeezed their eyes into a line.

The annual profit of 4.3 million U.S. dollars, and the 1700 million tons of deadweight ships have zero debt. These data are made public, which will cause great disturbance.

Fortunately, when the global shipping is 500 million tons, it will no longer disclose the status of its own fleet;
Whether it is HSBC or Dongying Shipyard, they will not disclose the specific situation to the public;

People outside generally guess that the global shipping fleet is around 800 million to 1000 million tons;

Of course, this is also an incredible achievement.

The profit of 4.3 million US dollars is only the profit of more than 1300 million tons of ships launched;
If all the 1700 million tons of ships shipped around the world are launched, this profit will increase!
Of course, considering the total amount of shipping business in the world at this time, it may cause a large increase in the vacancy rate of ships.

However, there are still 5 months before Suez will be closed. At that time, the global shipping demand will increase by more than 50%, and the freight price will at least double.

Wu Guangyao said to Gao Ke: "If after our long-term contract expires, we no longer sign long-term contracts and change all of them to short-term contracts; how do you plan to deal with customer dissatisfaction?"

Everyone was stunned and shocked!
Everyone generally has a consensus that the long-term lease contract of Global Shipping has made great contributions to the expansion of Global Group;
If there is no long-term lease, global shipping will not have so many businesses.

Sanders hastily persuaded: "Mr. Wu, if Global Shipping does not choose long-term charter, it may lose many customers; now that our fleet is so large, the vacancy rate of ships may be as high as [-]% to [-]%; Then your painstaking efforts to build a ship are in vain."

Wu Guangyao said calmly: "Mr. Sandas, wait a moment, I will give you an answer later. Gao Ke, answer my question first."

Gao Ke knew that the boss had made up his mind, so he quickly sorted out his thoughts: "Actually, we have obvious advantages in global shipping. Even if we no longer rent long-term leases, we will not lose much business. At least we can maintain a slight increase in profits. If we choose again I believe that many customers will not complain about reducing the rent for short-term contracts. After all, customers also need to take risks for long-term leases. In case of insufficient business, it is also a waste.”

Wu Guangyao said affirmatively: "Gao Ke is right. First, reduce the short-term contract rent to stabilize these customers. After all, the competitors who can compete with us are all in Asia, or in Hong Kong Island. But Hong Kong Island has not yet exceeded 200. Large shipowners with tons of tons, so the impact is still limited. With shipowners outside Hong Kong Island, we have price advantages; with shipowners in Hong Kong Island, we have management advantages. Therefore, global shipping will no longer have long-term charter contracts. Always implement short-term contracts.”

Wu Guangyao made a final decision, even if Sandas was dissatisfied, he would not contradict himself face to face!

After the meeting, Sandas came to Wu Guangyao's office.

"Mr. Wu, as HSBC is an important shareholder of Global Group, I hope to hear a convincing explanation." Sanders said seriously.

If the person who asked this question was not Sandas but someone else from HSBC, Wu Guangyao would immediately put on a face;

How do you ask me to explain, can I tell you that I am waiting for an opportunity?
However, after all, Sandas is his friend and an ally at the beginning.

Wu Guangyao said patiently:

"I always like to gamble when doing business. Just like the Korean War was not over, I bet that it was about to end, and signed long-term contracts with important customers of Dongying; in the end, I won the bet and secured a large number of customers."

"Before the Second Middle East War, I learned through analysis that you British are unwilling to lose the dominance of the Suez Canal, so the Middle East will not be peaceful; I turned all long-term lease contracts into short-term leases, and I won the bet again. This Winning the first bet, let our global shipping soar, set off a '[-] million dollar storm' in the world"

The more Sanders heard, the more he felt that Wu Guangyao's outlook on the general situation was one of the few businessmen in the world;

"So you're also betting this time?" Sandas asked cautiously.

Wu Guangyao smiled and picked up the tea made by Chris for himself, took a sip, and looked calm, making Sandas suddenly feel that he was still far behind in front of this person.

"Do we still need to gamble?" Wu Guangyao asked back.

Sandas instantly understood what Wu Guangyao meant, no worries on his face, and he smiled.

Does global shipping still need to gamble?
Of course not!
In other words, no matter how you gamble, it is a sure-win situation!
Because there is no debt, and it is still a 1700 million-ton deadweight ship!

At least one year's profit is more than 4.2 million U.S. dollars, so what's the relationship between long-term rental and short-term rental?

"Mr. Wu, Earl Lytton, I'm leaving!" Sandas suddenly understood, and asked Wu Guangyao and Chris to bid farewell.

I don't know when, the British in Hong Kong Island knew that Wu Guangyao's secretary was the Earl of England, and suddenly felt a little shameless;
Although he didn't dare to ask the crime openly, there were many discussions in private.

Wu Guangyao once stated to the British through Sandas that Chris was only studying under him for a period of time and would become a senior executive in the future, which appeased the British on Hong Kong Island.

"Walk slowly!"

(End of this chapter)