Wolf of Xiangjiang

Wheelock Group held a press conference to mainly explain the sale of Noranda Falconbridge by its subsidiary Husky Energy.

Lam Ching Kit attended the event as Chairman of Wheelock Group, while Yuen Tin Fan accompanied him as President.

In today's conference, the reporters were particularly excited. After all, the transaction amount of 182 billion US dollars was even larger than the "62 billion sale of Orange" that year. Of course, the " billion sale of Orange" was a direct profit for Wheelock Group, while the "sale of Noranda Falcon Bridge" was a % equity interest for Wheelock Group, but it was also at the billion level.

However, there is another exciting aspect of this event, that is, the purchase and sale of this asset took less than two years. At that time, the "Orange Company" was operated by Wheelock Group for about eight or nine years, and it had been in the British telecommunications industry for more than ten years.

"Among the many times I have invited you all to this event, this can be said to be the happiest one!"

As soon as Lin Zhengjie finished speaking, the reporters burst into laughter because he was also very happy.

"HK$1418 billion is a very large number for me. Of course, in my business career, I have made two acquisitions worth more than US$200 billion (Hong Kong Telecom and Hilton Hotels), and sold assets for HK$1180 billion (Orange for HK$ billion). But this time was really different. From acquisition to sale, it went so smoothly that I was surprised!"

There were exclamations at the scene again. Indeed, they found it incredible when they thought about it. The acquisition, sale and duration of this asset were simply too smooth.

Although it was mainly due to the three-fold surge in global non-ferrous metals, it was also indeed the ability of Lin Zhengjie and Yuan Tianfan.

Next, the reporter began to ask questions:
"Mr. Lin, as far as I know, Husky Energy's profit last year was more than 50 billion US dollars. This company is definitely a cash flow super company."

It's not necessarily a question, but it requires your answer.

"Yes, it took us more than ten years to get ahead in Husky Energy. Now it is time to reap the harvest, and there will be good dividends in the future. We have long been committed to bringing sustained and stable returns to investors."

Next, the interview continues!

Reporter: "Mr. Lin, the global economy is thriving, nonferrous metal prices are high, and the outlook is optimistic. Why does Husky Energy want to sell Noranda Eagle Bridge at this time? Are you not optimistic about the future market?"

Lin Zhengjie: "The reason why we sold Noranda Eagle Bridge is not because we are pessimistic about the future market, but for two reasons: first, our foundation in the field of non-ferrous metals is too shallow, far less than those international bulk commodity companies and mining giants; second, the merger of non-ferrous metals and mining will be the trend of the future. If the current giants do not need mergers and acquisitions, they will become small fish in the future, and then the small fish will be eaten by the big fish."

The economy is good?
In fact, despite the subprime mortgage crisis in 2007, global stock markets held up until the end of the year. The global economic crisis did not break out until 08.

After all, judging from the price trend of oil, it was not until mid-2008 that it began to fall.

The reporters thought Lin Zhengjie's answer was very reasonable and no one would care even if it was reported.

In fact, even if Lin Zhengjie announced in front of the world media at this time that a global economic bubble has been born and everyone should pay attention, not many people would believe him.

It’s just like when Li Jiacheng sold his assets in his previous life. Apart from the wealthy people in Hong Kong who saw it and restrained themselves, who among the wealthy people in the mainland would care?

The press conference was successfully completed!
However, the shock of this transaction continues to ferment in Hong Kong and has even become a source of pride for Hong Kong citizens.

There are nearly tens of thousands of shareholders of Wheelock Group, so they are all beneficiaries!

"My God, if all the $180 billion is distributed as dividends, Wheelock can get about $100 billion (after tax), which is almost the annual profit of Wheelock."

"You're just dreaming. How can we get such a large amount of dividends in one go? If we sell new assets, we will naturally have to buy new assets."

"That makes sense, but the money is earned anyway."

Taifu Group.

Deputy Managing Director Chen Weizhong, Deputy Managing Director Tang Renjian, Deputy Managing Director He Fangtang, the 'three horses' walked into the chairman's office together.

"What do you three have going on that can bring you together?" Lin Zhengjie asked curiously.

The current Taifook Group already has a large, efficient and healthy management organization, which can run efficiently even without Lin Zhengjie working.

The 'three horses' all serve as vice chairman and general manager. Of course, Lin Zhengjie is the chairman and CEO. The CEO and general manager here do not overlap. After all, this is a necessary structure for a super large enterprise.

At the same time, the "three horses" are not all core senior executives. They include Li Guoji of commercial real estate, Lin Jiaxuan of hotel group, Ye Shaoliang of media group, etc. They are also considered core senior executives. After all, they are big shots and all have the title of "director".

Chen Weizhong said, "Boss, Wendong has been with us for four years and is fully qualified to join the board of directors. So we are here to suggest that Lin Wendong be added as a director of Taifook Group."

So this is what happened, Lin Wenjie suddenly realized.

Lin Wendong has worked at the grassroots level for two years and at the middle and senior level for another two years. He is indeed qualified to join the board of directors and become a senior executive, thereby gaining a broader perspective.

After thinking for a while, he said, "It won't work if we add him alone. So, let Jihao join the board of directors as well, and there will be exactly 15 directors."

Given the size of Taifook Group, it would be normal to have 21 directors. However, Lin Wenjie has always disliked too many external directors, so there are currently eight internal directors and five external directors.

Now with the addition of two internal directors, his idea can be regarded as an extension.

As for Jihao, he is Chen Weizhong's eldest son, Chen Jihao. Lin Zhengjie has been training him to be a reserve talent for Taifook Group since he was a student. After graduating with a master's degree abroad, he immediately joined Taifook Group. He now has 9 years of work experience and is already 33 years old.

Chen Weizhong has been Lin Zhengjie's deputy for his entire life. Now his son has been promoted to director and deputy general manager, becoming a legend in Hong Kong. Chen Jihao is currently in charge of developing real estate projects, that is, residential development. Whenever there is a land auction in Hong Kong, he often represents the company.

Lin Zhengjie is not in a hurry to take over the second generation. The oldest, Chen Weizhong, is only 60 years old, so it is not a problem for him to be 65. There are even many companies where directors who are 70 years old have not retired.

Chen Weizhong said nothing, although from a fair point of view, his eldest son was indeed qualified to join the board of directors, which of course depended on the training of his boss.

However, Tong Yan-kin and Ho Fong-tong immediately agreed. After all, the ability of this junior was obvious to all. Chen Ji-hao was basically in charge of real estate development and planning, land auctions, and sales in Hong Kong!
Tang Renjian is the person in charge of global real estate business, and even Li Guoji is half a level lower than him.

"Well, the joining of young people is worth celebrating!"

"Jihao's ability is up to this task."

After two colleagues echoed him, Chen Weizhong said, "It's just a little young!"

Lin Zhengjie laughed and said, "If we talk about young age, he is no longer in the top three. When Tianfan and Fangtang served as directors, they were only about how old, right?"

He Fangtang became a director of Taifook at the age of 26, but the company was very small at that time.

On the contrary, Yuan Tianfan was already a director of Taifook when he was less than 30 years old, and became the president of Wheelock Group at the age of 33. His resume is slightly more impressive.

So, although Yuan Tianfan is not a director of the Taifook Group, he is the top executive of the "Taifook Group" and is above Chen Weizhong.

Everyone agreed to it very quickly, and then we prepared to propose it at the board meeting. Of course, the chance of it being passed is 100%.

a few days later.

Taifook Group officially announced: After the board of directors meeting, Lin Wendong and Chen Jihao were added as directors of the group.

When the news came out, everyone started to discuss it. "Lin Wendong is Mr. Lin Zhengjie's eldest son, right? He is actually a director of Taifu Group now. I feel that Mr. Lin is less than 40 years old. I didn't expect that his eldest son is already a director of a large company."

"Mr. Lin Zhengjie is 48 years old this year, and his eldest son is probably 25 years old. I heard that he graduated from Harvard Business School at the age of 21, and he has been trained for four years. In the past two years, he seems to have participated in acquisitions in the United States and made achievements."

"A tiger father has no dog sons!"

this day.

Mr. and Mrs. Lam Ching-kit and Ms. Kwan Ka-wai, along with their mother, Ms. Lee Tsui-e, their eldest son, Lam Man-tung, his girlfriend, Kwok Tsz-ki, and their second son, Lam Man-leung, came to the Four Seasons Hotel for dinner.

Everyone walked into a private room. Lin Zhengjie asked Guo Ziqi to order first, and then he and his family ordered.

During the dinner, Lin Zhengjie said amiably: "Ziqi, you have been working in Hong Kong for over a year. How do you feel?"

In 2005, Guo Ziqi graduated from university and then joined JPMorgan Chase Hong Kong.

It is clear that this is a preparation for becoming Lin's daughter-in-law. After all, she returned to Hong Kong, a place she rarely goes back to, to work as soon as she graduated. This is a testimony to their relationship.

Guo Ziqi said quickly: "I'm used to it. When I was in the United States, I knew that Hong Kong was very developed, but when I actually came to Hong Kong to work, I realized that Hong Kong was not as prosperous as New York and London."

Upon hearing this, Lin Zhengjie said, "Your opinion reminds me of one thing, that is, Hong Kong should indeed be described as 'New York, London and Hong Kong'."

Hong Kong in this life certainly deserves this title.

Guo Ziqi nodded and said, "Hong Kong is really well developed. Its finance, trade, entertainment and other industries make it a city that is a fusion of New York, Los Angeles and London."

When she talked about her feelings about Hong Kong, her tone was very fond of it, and it seemed that she was sincere about it, and she didn't have the mentality of marrying far away.

Lin Zhengjie said with satisfaction: "Today I can hear the true views of Hong Kong from someone who has just arrived in Hong Kong. It seems that Hong Kong has really developed very well!"

Although the tone is normal, everyone else will feel a sense of pride.

When talking about the current development of Hong Kong, one cannot escape the mention of one’s own son, husband, father, and future father-in-law.

Last year, the number of inbound tourists to Hong Kong reached 3500 million (compared to only 2500 million in the same period in the previous year). This was greatly influenced by the 'Hong Kong Wave'. Almost 30~40% of the tourists came to Hong Kong for tourism because of the 'Hong Kong Wave culture'.

Last year, two people were voted as the most talked-about figures in Hong Kong. One was Tsang Ying-kuen (Governor of Hong Kong) and the other was the heroine of "My Love from the Star". This is the influence of Hong Kong-style dramas.

After that, everyone had a great time talking to each other. Guan Jiahui also liked her future daughter-in-law very much, and the two talked frequently. Guo Ziqi was even more amazed at how beautiful her future mother-in-law was, and how young she looked.

It is no exaggeration to say that her future mother-in-law is her boyfriend's sister. She is very curious why her father-in-law and mother-in-law look so young?

"By the way, Ziqi, when can you ask your father-in-law to arrange a time to come to Hong Kong so that we can discuss your marriage? I'll arrange a plane to pick them up according to his schedule!"

Guo Ziqi was delighted and said quickly, "Uncle, there's no need to bother. After all, flights are very convenient now!"

Lin Zhengjie said with a smile: "What's the problem? My plane was originally for everyone to use!"

Guo Ziqi said awkwardly: "I'm worried that my parents will say that I don't understand, so I will convey my uncle's intentions to them."

Lin Zhengjie also said: "That's right, you young people should contact each other first and arrange a meeting between our two families. Be more proactive, including the matter of marriage, you can take the initiative to bring it up, our family is very open-minded."

"Well, thank you, uncle."

Guo Ziqi knew that the Lin family did not have those strict family rules. Everyone got along very harmoniously, and his father-in-law and mother-in-law were not overbearing like the heads of the family.

Everyone had a great time chatting and after dinner the family walked out of the hotel.

"It's out, take a picture!"

Two paparazzi who had been waiting for a long time excitedly took action.

They had just received a tip-off that Lin Zhengjie and his family came to the Four Seasons Hotel for dinner. More importantly, Lin Zhengjie's eldest son, Lin Wendong, brought his girlfriend to meet his parents.

If this news is filmed, the whole city will be in an uproar tomorrow.

After all, Lin Zhengjie's eldest son, Lin Wendong, is himself a highly-watched but low-key "successor"; now that he has brought his girlfriend to meet his parents, this news is already sensational enough.

Lin Zhengjie's bodyguards were no pushovers either. When they saw the paparazzi, they immediately blocked them.

However, it is unlikely that they would scold others. After all, the paparazzi are at a certain distance, and Lin Zhengjie's family is not that overbearing.

Sometimes, reporters would even block Lin Zhengjie's car window to interview and ask questions, but he would not get angry.

After all, he is the biggest media boss in Hong Kong. How can he be unfriendly to reporters?

"Did you get the picture?"

“The front view was not captured”

"I see, it's okay. This must be Lin Wendong's girlfriend. Today is the day they meet their parents."

The two paparazzi were very excited, after all, they were paid a lot for this news.

The next day, a Hong Kong tabloid published the news that "it is suspected that the eldest son, Lam Man Tung, brought his girlfriend to meet his parents."

For a time, public opinion arose again.

Hong Kong's Lam Ching-kit family and related companies have always been the focus of media attention.

Therefore, any news about this aspect can greatly increase the sales and traffic of newspapers and websites.

"Lin Wendong has just become a director of Taifu Group, and now he has brought his girlfriend to meet his parents. It seems that the second generation of the Lin family has grown up, and the third generation is about to be born."

"Mr. Lin Wenjie looks very young, but his family is eager to continue the family line!"

"Not only that, Mr. Lin Wenjie has a special fondness for offspring. The eldest wife has three sons, and the other concubines have given birth to who knows how many, at least a dozen!"

"There are more than a dozen of them. Maybe Mr. Lin Zhengjie is a famous playboy." (End of this chapter)