Tao Liangchen
Chapter 584 Lunch at the Old House
My grandfather and Mom both had things to do, so the dinner was moved to noon today.
Busy all morning.
When Su Yehao arrived at the Tang family's old house, the chef he had hired from outside had already prepared several cold dishes in advance.
Old Master Tang invited the neighbor next door, the old aunt who had given Su Yehao many valuable watches, to chat for a while.
The topics were nothing more than praising Su Yehao's abilities and discussing the chef's specialties.
When Tang's mother returned from the hospital, she sat down and started eating.
Su Yehao picked up a slice of crystal pork knuckle and asked, "Where's my aunt? Is she not coming back for dinner again?"
"She packed her things and went on a long trip early this morning, saying someone wanted to buy the small manor she bought in England. Who knows if it's true or not. We'll eat our food; I'm much more comfortable without your aunt around."
The old man's tone was displeased.
Su Yehao had already handed him the file bag, casually glossing over his aunt's affairs.
Old Master Tang couldn't control or scold this youngest daughter, so he had long since adopted a Buddhist attitude.
Su Yehao's mother quietly changed the subject and asked:
"Son, I read the news about you in the *Ta Kung Pao* today. Is the investment budget of 20 billion Hong Kong dollars real? Is it just like Cyberport, using the name of the technology industry mainly to sell houses?"
"Hey, hey, hey! You're my own mother, don't say such things outside. If it gets out, I'll probably be in trouble."
After taking a sip of orange juice to calm his nerves, Su Yehao continued, "I admit that the Cyberport project does have plans to invest in real estate, but this semiconductor industrial park will only build some dormitories at most. I'm really optimistic about the prospects of the wafer foundry industry, so I plan to invest heavily in it."
Hearing this, Tang's mother smiled:
"Real estate doesn't matter. This whatchamacallit factory you mentioned worries me. According to the news report, you plan to go through the Legislative Council to seek policy support? I've dealt with them several times before, and I almost fainted every time in the end. I hope you're prepared. Like the Li family's Hong Kong Cyberport plan, it was discussed for almost two years, but now your plan has been adopted."
After listening to her, Su Yehao nodded:
"It's because I know they're difficult to deal with that I first released the news through *Ta Kung Pao* to let more people know my ideas. The Li family is trying every trick in the book to take advantage, so of course it will cause a lot of resistance. But I'm different this time. At around ten o'clock this morning, the Chief Executive called me and arranged to hold a hearing specifically for me after I've prepared a detailed plan."
"Oh, it seems they value you quite a bit. But besides you, I guess they can't find any other warriors. Including the Cyberport project, do you have enough funds?"
After Tang's mother asked, she immediately said, "Your father showed off to me last night that he took three billion from you. I was originally planning to borrow some money from you. It's difficult to run private hospitals in Hong Kong. Patients prefer to go to public hospitals where they only charge a registration fee. If their surgery schedules weren't so busy, our family would have been starving long ago. The only real money-makers are selling medicine and medical equipment. The expenses of expanding in the mainland exceeded my expectations, but it feels very promising."
Su Yehao laughed:
"Mom, do you need to beat around the bush when you ask me for money? Is it enough to support you with 500 million Hong Kong dollars first? According to my idea, there's no need to rush for an IPO now. When we figure out how to gain a foothold in the mainland market, the company's data should be even better. It's most troublesome to arm-wrestle with the board of directors. Everything, big and small, has to be disclosed and reported, and the funds are tightly controlled. Private companies are much more free."
Beside them.
Old Master Tang poured a glass of medicinal wine and also poured one for Su Yehao. Listening to the conversation between the mother and son, he interjected:
"Five hundred million Hong Kong dollars given just like that, how about supporting me with tens of millions to spend a few days like a celestial being in Casino, 1997? To get the plan passed, you only need to win more than half of the support, right? If necessary, I can also lobby for you, Xiao Hao. To put it bluntly, this kind of thing is just about everyone making money together. With my reputation, it's no problem to find ten or eight votes, several friends of mine haven't retired yet."
Su Yehao said with a smile:
"What gambling? It's good enough to play mahjong and drink tea with your friends. I can't give you this money."
"If it were other businesses, we could have the opportunity to make money together. The key now is that Hong Kong hasn't had this kind of business before. Even if I propose to bring them in as shareholders, they have to dare to believe me."
"Actually, I wish someone would jump out and share the costs and reduce the risks with me, but after the news was published this morning, my phone was silent. Only representatives from several northern districts hope that I can put the factory there. This kind of thing is also easy to offend people. No matter where I choose to put the industrial park, other places will definitely be unhappy, and they might vote against it..."
After Su Yehao finished speaking.
His mother said happily, "There's actually a business without competition? Isn't it like your internet company? Everyone doesn't compete with you, which means there's no conflict. That's better. If it doesn't work, find a place where several districts meet, or give other benefits. It's much easier than medical reforms that involve millions of people."
"Well, I'm not worried about anything else, mainly the fiscal subsidies, which I'm afraid will be troublesome. I'll have to communicate again then. I've already set up a special working group. I've never liked to get involved in this kind of thing personally. There's no competition in Hong Kong, but the competition in the international market is quite fierce, and the risks are not small."
Su Yehao ate a mouthful of lotus leaf rice. The ribs and rice mixed with the fragrance of lotus leaves tasted absolutely amazing.
They talked about the semiconductor industrial park for a while, and then quickly put it aside, and talked about the recent situation of the Earl Medical Group in the mainland.
In order to quickly open up the market, Tang's mother has recently invested a lot of money in the mainland.
She just borrowed 350 million RMB from the bank. Out of distrust of franchisees, she mainly adopts a self-operated model. After all, they are only agents, and they don't have an advantage in terms of price, so they have to compete on reputation and quality.
Su Yehao couldn't give his mother too much good advice on buying medicine and medical equipment, so he suggested spending money to find a consulting company to help, and let them be responsible for market research and plan development.
Considering the many problems in the pharmaceutical industry, he prefers to promote chain pharmacies.
As for medical equipment, entrusting it to local agents may actually make it easier to open up the market.
Of course.
Once the agents gain a firm foothold, the Earl Medical Group is likely to be kicked out, unless it can monopolize certain drugs and medical equipment, forcing people to buy from Tang's mother.
Overall.
Su Yehao doesn't think this business is very good. The competition is more intense than real estate and the internet, because the barrier to entry is too low...