The rise of Hong Kong's wealthy families

The acquisition of Taoda Food Company is coming to an end. Although he only holds about 40% of the equity, it is enough to control Taoda Food Company. In addition, he has a trump card that allows Taoda Food to increase shares to him and complete the comprehensive acquisition.

The second phase of the Telford Garden project is about to be completed, and the Taoda Food Company's factory land will come into the eyes of Hang Lung Properties and Hopewell Industrial. At that time, He Jiahao will inevitably have to pay a greater price.

Taoda Food Company was founded in 1957 by Feng Tianfeng. Today, Feng Tianfeng’s eldest son Feng Delang serves as the chairman of the board of directors. He is a man who is good at sticking to his roots. Although there is not much development, he has escaped several economic crises.

General Manager's Office of Taota Food Company, Ngau Tau Kok, Kwun Tong District

He Jiahao was drinking tea inside and looked carefully at Feng Delang, chairman of the board of directors and general manager of Taoda Food Company. He was in his 40s, with black and white hair on his temples. His unhandsome face was a bit haggard, obviously the result of hard work. .

"He Sheng, let's be honest, Taoda Food Company can sell it to you, but I hope it will be 40% higher than the market price." Feng Delang said with some lack of confidence.

He Jiahao shook his head, "Feng Sheng, you know that Taoda Food's market is constantly being compressed by its peers, and it may be in crisis in two years. If I didn't have a few food patents on hand, I wouldn't be able to easily To enter this industry, let’s pay a 30% premium, which is my base price.”

Feng Delang was silent for a long time, and then slowly said, "Okay, 30% makes 30%, but I have two requirements. The first is that within ten years, He Sheng cannot change the word 'Taoda' in the company; the second is that I am preparing to enter the real estate industry, and I hope He Sheng can give me some help in this regard."

He Jiahao didn't understand what Feng Delang's first request meant. To him, these two requests were nothing more than minor problems.

"Okay, as Feng Sheng wishes." He Jiahao naturally agreed.

So the two signed the contract that day.

Five days later, Taoda Food Company held a board meeting. Feng Delang sat at the main seat and introduced to the directors, "This is Mr. He Jiahao. I have sold all 27% of Feng Jiade's shares to He Sheng. He Sheng." Now he holds 67.53% of the equity of Taoda Food Company, becoming the controlling shareholder of Taoda Food Company and the newly appointed chairman of the board of directors."

Hearing this, more than a dozen directors were surprised and applauded nervously.

"Crack!!"

He Jiahao was also used to seeing this kind of scene. He smiled and said, "Hello directors, I am new here. I hope you can help me manage the company well. The company will maintain the status quo first, and I will make adjustments after I am familiar with the company's affairs."

Looking around, he motioned to Qin Haiming and said to the directors, "This is a food patent I have. According to market research, doll masks have broad prospects. The company will first purchase production equipment."

He Jiahao made Qin Haiming the general manager of Taoda Food Company and started work quickly. He believed that Qin Haiming's ability to deceive people could win over many management personnel. Even if he could not, He Jiahao would not regret it, because Taoda Food Company only had factory land to attract Just him.

However, Doll Noodles, an instant noodle product, can indeed support a food empire. However, He Jiahao believes that Taoda Food Company is just his side business, because the profit-making ability of food is far less than that of some lucrative industries such as real estate and gas.

He only has so much energy, and if he invests it in food, other areas will inevitably be reduced, and it may even trigger a crisis. After all, his assets are not very safe.

After leaving Taoda Food Company to Qin Haiming, He Jiahao took the car to Qingzhou Yingni Company.

For nearly a year, Qingzhou Yingni Company has been managed by Huo Jianning, and He Jiahao rarely shows up. Now the Kane family is jumping up and down, and they are conspiring with Huanghe Industrial to do something stupid to usurp power.

He couldn't understand why the Kane family thought they could take back Qingzhou Yingni since he already owned 53% of the shares and fully controlled the company.

He Jiahao had no choice but to spend too much time on the little Kane family, so he issued a final warning to the Kane family, "If there is any change in the Kane family again, he will use all his forces to deal with the Kane family." The other properties of the family were attacked until the Kane family went bankrupt. ’

Only then did the Kane family feel scared, but the white man's pride made it impossible for him to apologize, so he just grunted and ended the meeting.

He Jiahao didn't care whether this guy was British or American. Even if Kane could find the governor's support, he would not be able to hand over Qingzhou Yingni, nor would he allow Kane to continue to cause trouble.

Huamei Real Estate Company Conference Room

He Jiahao sat in the main seat, and on both sides were managers above the manager level.

"The property acquisition business has been suspended. Our company will invest most of the funds in land development, and at the same time, a small amount of funds will be invested in the stock market. Mr. Tan from the Securities Department will explain the stock market to everyone."

"Papa!" Everyone clapped their hands. After all, it was the boss who spoke. Can you remain indifferent?

"In the first half of this year, we invested in 13 companies in the stock market, including Jardine Matheson Industrial Company, Medison Securities Company, Gide Real Estate Company, Weiyi Real Estate Company, and Zhizheng International Co., Ltd., among which Jardine Matheson Industrial Company and Medison Securities The company has cashed out profits of 18.54 million yuan, Gide Real Estate Company and Weiyi Real Estate Company also made profits of 21 million yuan, and Zhizheng International Co., Ltd. made a profit of 3 million yuan. The total profit from the stock market last year was 57.2 million yuan."

This figure scared all the senior staff present, and the land development only made a profit of 40 million.

"After the meeting, he announced the company's profits and told shareholders that Huamei Real Estate Company plans to distribute a dividend of 30 million yuan at the end of the year." He Jiahao decided to release the good news, increase the stock price, and prepare for the fund-raising rights issue at the end of the year, "Director Chen , Our department must hurry up to acquire land, and must start construction on at least 4 pieces of land in the second half of the year, and try to use the land in our hands as much as possible.”

The development of Huamei Real Estate Company has been on the right track. Manulife Development sold a lot of beautiful land to Huamei Real Estate. Those that could not be sold were jointly developed with Huamei Real Estate, making Huamei Real Estate earn tens of millions in a short period of time.

The stock price has also risen to 4 yuan. The market value of Huamei Real Estate has reached 520 million yuan, but the net output value is around 400 million yuan, which is an artificial high of 120 million yuan. However, there are tens of millions of cash on the account, which makes He Jiahao very happy.

Calculated by market value, He Jiahao is worth more than 300 million for Huamei Real Estate alone. Let alone Manulife Development, which is even bigger than Huamei Real Estate. If Li Jiacheng and HSBC had not tried their best to help, He Jiahao would have dared to fight with Li Chaoren. .

He Jiahao previously planned to let Huamei Real Estate eat up the First City Company and complete the most critical step in expansion. Unfortunately, Huamei Real Estate is too weak. Once it takes action, it will inevitably affect the current development situation, so he can only give up temporarily and wait for the opportunity.

And he needs to consider the integration of his companies. The companies under his companies are too complex, involving real estate development and rent collection, magazines, comics and movies, cement manufacturing, clothing design and manufacturing, handicraft manufacturing, and food processing.