My 1999

But some people obviously won't meet the basic quota.

Ding-ling-ling......

Xu Liang's phone rang.

He picked it up, took a look, smiled, and pressed the answer button.

"Mr. Li, you called me right after playing ball. Did you leave something here?"

"Mr. Xu, you're joking.

I'll treat you to dinner tonight. I hope you'll come." Li Jiacheng said.

"Just dinner?"

"There are a few more business deals to discuss. I believe Mr. Xu will be very interested."

"Haha, the business that Mr. Li personally opened is obviously not a small amount?"

"I guarantee that Mr. Xu will be satisfied."

"I look forward to meeting Mr. Li."

"I'll send the address to your phone later."

"OK."

After hanging up the phone.

"Li Jiacheng?" Lv Hui asked curiously.

"Yeah."

"In recent years, the Li family has been selling assets to subsidize the European telecommunications business.

It seems that he wants to take this opportunity to make money by selling assets and get a higher fund share from you, killing two birds with one stone."

Xu Liang nodded. Li Jiacheng is a very ambitious person.

Once he identifies a certain industry, he will spend money without hesitation.

Especially the European 3G business.

A license costs hundreds of millions, billions, or even billions of dollars.

What is more expensive than the license is the investment in base stations.

Basically, tens of billions of Hong Kong dollars need to be invested every year.

In 2003, Hutchison Whampoa's 3G business lost 18.3 billion Hong Kong dollars, while Hutchison Whampoa's existing business profit was only 29.5 billion Hong Kong dollars.

That is to say, Lao Li invested two-thirds of Hutchison Whampoa's profit in the 3G business.

But in 2003, Europe's 3G business was still in the cold winter, and the profit model was unclear and immature.

In addition, the excessive investment in the 3G license business caused the entire European telecommunications industry to wail.

But even in this bleak future and with no clear 3G profit model, Lao Li put his fortune on the line.

And it was unexpectedly huge.

In 2004, Hutchison Whampoa's European 3G business suffered a huge loss of HK$37.5 billion.

That year, Hutchison Whampoa's total profit from its existing business was only HK$32.4 billion.

In other words, the profit was less than the loss.

Hutchison Whampoa lost money.

In 2005, as of now, four months later, Hutchison Whampoa has lost HK$12.9 billion in its 3G business.

If it ends at the end of the year, the loss will definitely exceed HK$25 billion.

According to Hutchison Whampoa's layout in Europe, they will continue to lose money for many years.

The total investment will definitely exceed HK$100 billion.

In order to hedge the losses in the 3G business, Hutchison Whampoa had to sell off its assets.

In 2003, Hutchison Whampoa sold its European bottled water business to Master Kong, making a profit of HK$1.683 billion.

The sale of minority shares in Vodafone and Deutsche Telekom generated a profit of HK$2.627 billion;

In addition, the company also reversed the over-provisions for various assets in previous years, totaling HK$7.81 billion.

These three items added HK$12.1 billion in non-core business income to Hutchison Whampoa, offsetting more than half of the HK$18.3 billion loss in 3G business in 2003.

In 2004, due to the larger scale of losses, Hutchison Whampoa sold a larger scale of assets.

It sold its 20% stake in Guangzhou Procter \u0026 Gamble to Hongyan Fund under Xu Liang, making a profit of HK$13.759 billion;

It sold part of its shares in Hutchison Global Communications (i.e. Hong Kong telecommunications business) and made a profit of HK$1.3 billion;

It sold part of its shares in Hutchison Telecommunications International (i.e. Asia telecommunications business) and made a profit of HK$4.1 billion.

These three items added up to HK$19.1 billion in non-core business income for Hutchison Whampoa, offsetting half of the HK$37.5 billion loss in 3G business that year.

In 2005, the large investment in 3G business continued, and correspondingly, Hutchison Whampoa's asset sales did not stop.

First, the issuance of new shares of "Hutchison Telecommunications International" made a profit of HK$1.15 billion;

The sale of 19.3% of the shares of "Hutchison Telecommunications International" made a profit of HK$7.4 billion;

The sale of 49% of the shares of the Australian power distribution business made a profit of HK$3.7 billion.

But compared with the huge investment of HK$12.9 billion in less than half a year, these are obviously not enough.

"Li Jiacheng wants to kill two birds with one stone, I don't mind. However, if the bait he takes out is not enough, I have to say sorry." Xu Liang thought.

There are many good things under Lao Li.

It is extremely difficult to get some meat out of this old fox's mouth at ordinary times, but now he needs me, it is an opportunity.

Ding Dong...

The text message alert sounded, Xu Liang took a quick look and handed it to Lu Hui.

"Remember to remind me."

"Okay."

The car drove forward along the Pu Le Road and arrived at the top of Taiping Mountain. From a distance, you can see that the end of the road is blocked by a green barrier more than two meters high.

This barrier surrounds the entire top of the mountain.

Seeing the car coming, the bodyguards guarding the intersection quickly waved to stop.

The bodyguard captain Zhang Hongwei of the front car got out of the car and negotiated for a while.

The entrance gate quickly opened to both sides.

After the three cars drove in, a large construction site spread all over the top of Taiping Mountain came into view.

After waving to signal the car to stop on the side of the road, Xu Liang walked down.

The middle-aged man wearing a yellow safety helmet who had been waiting on the side after receiving the news came up quickly.

"Hello, Mr. Xu, I am Liu Hong, who is in charge of the "Tianbi Gao" project."

Xu Liang smiled and stretched out his right hand, and shook it briefly.

"How is the project going?"

"The pile foundation project has been completed, and it is expected to be completed by the end of the year." Liu Hong said hurriedly.

After Xu Liang acquired the Tianbi Gao mansion, he acquired some surrounding land on the original basis, increasing the entire Tianbi Gao area from the original 4,400 square meters to 8,500 square meters.

And the Governor's mansion, which had stood for half a century and was already old and dilapidated, was completely flattened.

Let the Taihua Group Design Department redesign the entire project according to his requirements.

On the premise of being rich and willful.

Directly dig the uneven top of the mountain into a complete plane.

For this, there are hundreds of thousands of tons of earth dug out.

In addition to leveling the ground, the more difficult thing is the excavation project inside the mountain.

Influenced by the old Gates Peach Blossom Spring, Xu Liang dug three floors down.

The first floor is 5,000 square meters, including a swimming pool, audio-visual room, fitness center, underground meeting room and other complete functional facilities.

The second floor is 4,000 square meters, which is a storage space.

It stores and displays antiques and artworks, as well as jewelry, gold, etc.

The third and last floor is about 3,000 square meters.

It is a complete shelter center.

It is built according to the standard of anti-nuclear bombs.

And the materials and equipment stored inside can support 100 people to survive for five years without leaving their homes.

The entire third floor is located 50 meters underground, surrounded by thick armored steel and various special materials, plus the surrounding mountain body of several hundred meters thick, which can be said to be impregnable.

However, even so, his Tianbi Gao project is still a little worse than the old Gates's Peach Blossom Land.

The latter's shelter center is 200 meters deep into the mountain, which is simply abnormal.

Compared with the huge underground space.

The surface part of the Tianbi Gao project is much smaller.

The three floors together are only about 3,500 square meters.

Most of the surface space is reserved green space, as well as facilities such as swimming pools, tennis courts, and garages.

All these added together, the construction area of ​​the entire Tianbi Gao project has reached a crazy 23,000 square meters.

From land purchase to construction, this project has swallowed up nearly 1 billion Hong Kong dollars from Xu Liang.

It can be said that the Tianbi Gao project is the base camp he has built with all his strength.

It is the core of his future domination of the global industry.

Under the leadership of Liu Hong, he took a tour of "Tianbi Gao".

"Work hard, and if there is no problem with the final project acceptance, you will not lose the benefits."

"I will do my best not to let you down." Liu Hong said excitedly.

As the vice president of Taihua Real Estate, why did he leave the huge company alone and come to take charge of the Tianbi Gao project?

Isn't it to get closer to Mr. Xu and leave a good impression in front of the big boss?

After smiling and patting his shoulder, Xu Liang got in the car and left.

After a quick lunch at noon, he came to the Central Plaza around 3 pm.

Li Jiacheng's office is on the top floor of the Central Plaza.

"Mr. Xu, welcome, welcome."

"Mr. Li, you are too polite."

After a brief greeting, the two sat down on the sofa in the reception area next to them.

"I heard that Mr. Xu likes to drink tea, so I specially prepared the best West Lake Longjing."

"Thank you."

After picking it up, the two people gestured from a distance and took a sip each.

Xu Liang's time is precious and he doesn't want to waste it.

He said directly.

"Mr. Li, let's get straight to the point and tell me about your big business?"

"Mr. Xu is quick to speak."

He handed over the information he had prepared in advance.

"Please take a look."

Xu Liang took it and quickly scanned it, his eyes lit up.

"Mr. Li plans to sell the Hong Kong International Container Terminal and the COSCO International Container Terminal to me?"

Currently, there are nine container terminals in Hong Kong, with 24 berths, covering an area of ​​279 hectares, about the size of 6,700 standard basketball courts.

These nine terminals are divided into three operators.

Heung Kong International Terminals (HIT) under Li Jiacheng's "Hutchison Ports" and "COSCO-International Container Terminals", a joint venture between Hutchison and COSCO, together own five container terminals, including 4, 6, 7, 8 (East) and 9 North, accounting for 62% of the capacity of Heung Kong container terminals.

It is a well-deserved giant in the container terminal industry in Heung Kong.

Second only to Hutchison is "Asia Container Terminal".

It was jointly established by Heung Kong Land, Sun Hung Kai Properties, New World Development and Global Container Terminals on the eve of the return of Hong Kong.

It obtained the operating rights of Kwai Chung Container Terminal No. 9, and then Asia Container Terminals exchanged berths with Modern Terminals and obtained two berths at the "Kwai Chung No. 8 West" container terminal.

The last one is "Modern Container Terminals" under the Wharf Group, the son-in-law of the charter king, Wu Guangzheng, which owns 1, 2, 5 and two berths south of Pier 9.

Although there are many terminals, No. 1 and No. 2 only have one berth, and the scale is only one-fourth of No. 7, No. 8, and No. 9, so the capacity of "Modern Container Terminals" is only about 20% of the total capacity of Hong Kong.

If Xu Liang takes over Hong Kong International Container Terminals and COSCO International Container Terminals, he will be able to control 60% of the capacity of Hong Kong container terminal industry.