Siheyuan (courtyard house): My name is Shazhu!
Chapter 312 Dongda Group's Physical Activities!
In October, Dongda Group released four pieces of news in succession, the first being the formal acquisition of Gangcheng Soda Company.
Secondly, an investment of 100 million yuan will be used by the company's charity and Hong Kong City Housing Company Limited to build low-cost housing.
The Third Dongda Group has five listed companies for its clothing company and three listed companies for its toy factory. The reason for this is that each listed company has a larger market capitalization and a higher stock price.
Fourth, to give back to the community and improve the local education level!
Within two years, HK$600 million is expected to be invested to build two new polytechnic universities in Hong Kong. The Dongda Group will develop these two universities into the best polytechnic universities in Asia and even the world.
We hope that science and engineering talents from the port city will participate in the construction of the universities and strengthen the faculty of the two universities!
Meanwhile, the group will continue to allocate 100 million yuan next year to build primary and secondary schools to enhance the cultural and educational level of local children!
The news shocked everyone with Dongda Group's extravagant investment; next year alone, they will invest 700 million yuan in building schools, plus 800 million yuan in low-priced housing.
These aren't money-making projects; isn't it a bit crazy to invest 800 million yuan at once?
After three years of preparation, he suddenly spends 800 million. That's terrifying. What kind of business couldn't he do with 800 million?
Some people disagree, thinking it's just burning money. Wouldn't it be better to buy more land and make more money here? It would be better to invest more in their own companies!
spendthrift!
Many people believe that Dongda Group is a very good company; they can earn money here and then give back to society.
Schools and affordable housing are what they need. They hope that Dongda Group can earn more money and continue to do more things like this.
Why doesn't Dongda Group continue to expand its factories? We also want to work in Dongda's factories and earn money; their wages are very good.
As for acquiring a soft drink company, what is that? We've never heard of a soft drink company, how much is it worth? Compared to the powerful Dongda Group, it's just a tiny ant.
The workers at the soda factory were overjoyed. When they learned that their factory had been acquired by Dongda Group, they spontaneously set off firecrackers to celebrate, knowing their income was about to increase.
Dongda Group did not disappoint them; a week later, wages were significantly increased, becoming the same as those in all of Dongda's factories.
Workers' wages increased from HK$150 to HK$210, an increase of more than 30%, and all benefits were free.
It made countless workers in other companies green with envy!
The best benefit among these is the medical insurance, which is recognized by all workers. You pay for minor illnesses, and if you are hospitalized, Dongda Company will cover at least 60% of the costs.
This is an incredibly generous benefit, considering there's currently no formal medical insurance system here.
If one member of your family gets a serious illness, the whole family is almost ruined. But if you work at Dongda Group, you can report a serious illness, and the group will send someone to check on your condition.
The cost can increase from a minimum of 60% to 100%, allowing you to receive treatment completely free of charge.
Not only that, your family members are also covered by 50% of hospitalization expenses, and the company has also purchased accident insurance for all employees, ranging from 30,000 to 500,000 yuan.
Even for workers with the lowest accident insurance, if an accident occurs, their families can receive more than seven years' worth of wages. This is what makes all these workers so eager to join Dongda Group.
As a result, Dongda Group spent an additional 77 million last year!
When interviewed, Zhao Youcai simply said, "We treat our workers like family; this is what we should do."
These words have garnered 99% approval ratings, with many believing that this is what a truly large company should be like—not just focused on making money, but also concerned for ordinary workers.
Then the two companies went public with great success. Although we couldn't be sponsors, we could still be underwriters.
On the opening day, everyone went crazy buying in, and the stock rose 310% that day, bringing its price-to-earnings ratio to 26. It looked like it was going to continue rising.
Speculation is insane!
"That's not bad either. By 65, we sold more than half of our shares, leaving us with about 15%. We slowly bought them back after 66. We underestimated how much money they had."
Instead of letting certain individuals exploit us, why don't we do the harvesting ourselves? At least we can give back to society.
"I understand, but I'm a little surprised. They're already this crazy with annual profits of only 100 million. How much would their stock price be if they went public?"
"Don't talk about money with crazy people."
"That's true."
Without anyone noticing, the Dongda Group, through several companies in Malaysia, was shifting its business towards them, including in their home country and in troublemaking countries.
The hunchbacks here are also cleaning up some troublemakers in the territory according to the list. Things are progressing very easily, with all sorts of unexpected events.
I've been following my own plan all year!
In the past year, two science and technology universities were built. Due to the limited number of faculty, each university only has two or three departments, which is fine. Everything is difficult at the beginning!
Twelve new primary and secondary schools were built in one year, and more schools will be built next year as long as there are teachers available.
The low-priced rooms are about 30 square meters each. Because the rent is very low, all 4,700 housing units built in the four districts were rented out in two days, with not a single unit left.
We still have land, so we'll continue building houses. The Dongda Group Charity Foundation has once again increased its investment by 100 million yuan.
Mrs. Zhou Songyu, Sir He's wife, promised that as long as there is land available, Dongda Group will always support the construction of low-cost housing so that low-income people can have a place to live.
At the end of the year, Dongda Group acquired three more plots of land in succession. These plots were large and involved significant investments, totaling 230 million yuan. This once again demonstrated to everyone what it means to be financially powerful.
This has led most people to believe that Dongda Group is hoarding land and is optimistic about the real estate industry in the area.
In 1961, He Yuzhu quietly welcomed the birth of his two children: Qin Huairu and his daughter He Mingzhi, who was born on January 3.
Another one is that He Mingzhong, the son of Zhou Songyu, was born in July. He was the eldest son of the He family!
He Yuzhu showed no favoritism and held a full-moon celebration for both children. It was a family banquet with not many guests.
......
"Mr. Ho, there's another big brawl between the triads here, and the situation is getting bigger and bigger. Apart from our three industrial zones which are doing a bit better, there's also Central."
In other areas, it's a free-for-all; defeat the opponent and you get Central. Our factories in Yuen Long, Tai Po, and Tsz Wan Shan are only allowed to fight on the outskirts, so it won't affect production.
"Kuang Biao, you should send someone to keep an eye on things and prevent them from entering our factory area and attacking us. We are not the police and have no obligation to deal with these things."
The main focus is on keeping a close eye on the people from both factions within the factory. Things are getting increasingly complicated, so try to avoid getting involved.
"I understand, Mr. He. Seven companies have been identified as wanting to target our company: Swire, Jardine Matheson, and four companies under the name 'Chao Can Commercial Group,' which are ranked first."
The last one was also a foreign firm, Lane Crawford, mainly engaged in retail. They had their eyes on a piece of land in Zhongbao that we owned, and their main reason for targeting us was through Jardine Matheson's influence.
"Hehe, it hasn't even been six years, and Yihe Company has woken up and thinks it has the strength to compete with us again."
Swire Group is interesting; even the most stable company can't sit still anymore and is investigating every aspect of all their listed companies.
Give me all the information about everyone else's companies, finances, personnel, and other aspects; I won't let anyone get away with it.
Our company only has four listed factories, and we own 70% of each. They can't take over the company, and we have plenty of capital. What are they planning to do?
"Mr. He, they are preparing to act when they have the opportunity in a few years. They want us to give them that opportunity."
"Is it even possible for them? And they're not the only ones prepared. Let's find out their situation first."
"Yes."
You'll Also Like
-
Ash, with his invincible physical body, wants to become a Pokémon Master...
Chapter 676 3 hours ago -
I Am an Emperor in a World of Mixed Anime
Chapter 280 3 hours ago -
Popularity is everything, and my art style is just too quirky!
Chapter 229 3 hours ago -
Konoha's Hextech Ninja
Chapter 304 3 hours ago -
Is this the world of card dealers? Yada thieves!
Chapter 1427 3 hours ago -
Pirate: I have a Hollow living inside me!
Chapter 439 3 hours ago -
Battle Through the Heavens: Achievement System at the Start
Chapter 88 3 hours ago -
Outrageous! I threw a hundred or so overpowered characters into Douluo Continent.
Chapter 32 3 hours ago -
After maxing out my affinity, my signature weapon kept evolving.
Chapter 24 3 hours ago -
Traveling Between Two Worlds: From Bread for Maids to Fantasy Overlord
Chapter 400 3 hours ago