Reborn as a tycoon in Hong Kong

After having a small meeting with HK Electric's management, Lin Baicheng went to his office with HK Electric's head coach Levis.

Lin Baicheng asked Levi's about Hong Kong Electric's affairs. Due to time constraints, he only had a general understanding first.

There are two things that concern Lin Baicheng. One is that just this month, the Hong Kong government approved the construction of a larger power plant by Hong Kong Electric on Lamma Island than the Ap Lei Chau Power Plant. This power plant is located on Lamma Island. Pineapple Mouth covers an area of ​​50 hectares. The management of HK Electric originally decided to undertake the construction and development in three phases.

But things are different now. Hong Kong Electric has obtained more than HK$800 million in cash from Lin Baicheng through a private placement of shares. This money can be used for the construction of new power plants. It no longer needs to be divided into three phases, but can be divided into two phases. . The reason why it is divided into two phases is that in the first phase, four 250-megawatt coal-fired generating units and two 350-megawatt coal-fired generating units will be purchased. Such a large power generation capacity is enough to cover the current business scope of Hong Kong Electric. Electricity usage is used.

There was no need to build the entire Lamma Island Power Plant at the beginning. After all, it would be too wasteful to buy too many generating units and not sell the electricity generated. When the power generation capacity of the first phase is almost unable to meet the electricity consumption, it will not be too late to build the second phase.

Another thing is that Hong Kong Electric and Wheelock reached a cooperation last year to jointly develop the first phase of Fu Chak Garden in North Point. Now the development has been completed and the properties are being sold. The second phase of development will be carried out soon. This is It was already decided when we collaborated last year.

The land in North Point belongs to Hong Kong Electric. However, Hong Kong Electric is a power company and has no experience in real estate development, so it chose to cooperate with Wheelock.

After hearing this, Lin Baicheng said aloud: "Since the land in North Point has been cooperated with Wheelock, as long as Wheelock does not regret it, we will continue to cooperate with Wheelock. However, the company will no longer cooperate with other companies for land development in the future. , but to cooperate with Hutchison Whampoa.”

"I took note of it, Mr. Lin."

Levi's title to Lin Baicheng had already changed. He responded and said, "But Mr. Lin, the conditions for cooperation with Hutchison Whampoa must not be too stringent."

"You can talk about this for yourself. I only own half of the shares in Hutchison Whampoa, which is not much more than the shares held by HK Electric. So even if Hutchison Whampoa takes advantage, I won't get much benefit. Therefore, I will only promote the relationship between the two companies." Cooperate, jointly develop and make money together. You can discuss the specific details of the cooperation yourself. As long as you remember that cooperation is a prerequisite, both parties should not impose excessive conditions. I have also told Weili about this."

The difference between Lam Baicheng's shareholding ratios in Hutchison Whampoa and HK Electric is not too big, so he will not favor any party. As long as the land of HK Electric is developed together with Hutchison Whampoa, it can benefit both companies and let him Just make more money.

"What Mr. Lin said is that I will communicate with Mr. Weili on cooperation."

Levi's immediately said that as long as the cooperation with Hutchison Whampoa would not harm HK Electric's interests, there would be no problem at all.

Lin Baicheng asked aloud: "Levis, apart from part of the funds from the private placement being used to build power plants, does your management have any plans for the remaining funds?"

"The wires in some areas of the company are a bit old. We are going to use a sum of money to replace the old wires with new ones. This will not only solve the safety problems caused by the old wires, but also give the company a suitable reason to increase electricity costs. thereby increasing the company’s profits.”

Levi's shared management's initial thoughts.

"If you think it's okay to raise electricity charges, then I have no objection. However, I have only one request, and that is that the electricity charges must not be increased this year. After all, I raised the electricity charges just after I acquired Hong Kong Electric. It’s not good for my reputation.”

Although HK Electric is engaged in public utility business, Lin Baicheng does not mind if HK Electric increases electricity charges. After all, HK Electric is a listed company and wants to make money. However, he cannot let Hong Kong Electric raise electricity charges immediately after his acquisition. In this case, Hong Kong people will only think that it was him who asked for it, and then he will be sprayed to death by Hong Kong people.

Levis nodded after hearing this: "Replacing the wires also takes time. There is no problem in raising the electricity bill next year."

Lin Baicheng said: "Since Hong Kong Electric is a power company, it should focus on this area. If there is idle funds, we can develop more land with Hutchison Whampoa. I am optimistic about the future development of the real estate industry in Xiangjiang."

"OK."

Levis responded. When Lin Baicheng said he was interested in the land owned by Hong Kong Electric when he last met, he knew that his boss was optimistic about Xiangjiang Real Estate and that the land would be used for various real estate developments.

Hong Kong Electric is mainly engaged in power generation and also does some land development, so that's fine.

Lin Baicheng's acquisition of HK Electric, in addition to the land held by HK Electric, is also related to the fact that HK Electric is engaged in electricity. With HK Electric in hand, Lin Baicheng does not have to worry about the power outage at the factory under his name. In addition, after the development of Hutchison Whampoa's real estate is completed, the electricity can be connected as soon as possible, so that the real estate will not become a "haunted house".

If you hold the power company in your hand, you can also use it to attack your opponents. Take Cangjiang Industrial as an example. For the properties developed by Cangjiang Industrial, Lin Baicheng will not ask HK Electric to deny power to the properties of Cangjiang Industrial, but he can ask HK Electric's employees to go there later to delay the power supply time.

Of course, Cangjiang Industrial can also go to China Electric Power Company, but the scale of this company is much smaller than that of Hong Kong Electric. It would be a waste of time for Cangjiang Industrial to find China Electric Power Company to connect the electricity, but it can also achieve the goal.

However, this kind of public means that involves people's livelihood cannot be used too much, and it cannot cause bad effects. Otherwise, only Hong Kong Electric will be unlucky. We must grasp the scale.

In addition to power companies, water and transportation are also related to real estate sales. Lin Baicheng also has related goals, and he will also acquire related companies.

Lin Baicheng and Levi's didn't talk for too long. Afterwards, Levi's and other management took Lin Baicheng around the company, allowing Lin Baicheng to get a little familiar with the company, and also let the employees get to know Lin Baicheng, the future big boss.

The addition of a major shareholder boss to the company does not have any impact on the employees. As long as there is no salary cut, then from their perspective, everything is fine.

However, the employees were somewhat curious about Lin Baicheng, a young and newly promoted Hong Kong tycoon. It's a pity that there are many people who can see Lin Baicheng, but there are only a few people who can say a word or two to Lin Baicheng. Only when Lin Baicheng asks something out of curiosity can the lower-level employees talk to Lin Baicheng.

After visiting Hong Kong Electric, Lin Baicheng didn't leave Hong Kong Electric until almost five o'clock.