Bab 732: Chapter 732: A financial feast is coming
With all the basic conditions for the establishment of Jiuding University resolved, Xia Yu directly ordered Liu Tianci to set up a dedicated account for Jiuding University and transferred in the first 100 million Hong Kong dollars.
The founding principal, Wang Gengwu, is a core member of the Jiuding Think Tank's Social Research Institute.
Previously, Wang Gengwu was the head of the Department of Far Eastern History and the Dean of the Pacific Research Institute at the Australian National University in Australia.
He returned to Hong Kong last year and became the Dean of the School of Political Science at Hong Kong University.
What Xia Yu didn't know was that he had really found the right person. Wang Gengwu later served as the president of Hong Kong University for ten years, and he definitely had the ability.
Just as a group of old scholars at the Jiuding Think Tank were enthusiastically working towards the establishment of the university, Wang Qi delivered good news.
Wing Nam Foods Limited was acquired for the full amount of HK$16 million.
Wing Nam Foods Limited had total assets of around HK$30 million, but bank liabilities of HK$20 million, leaving net assets of nearly HK$10 million.
The purchase price of HK$16 million was already considered very high.
Most of the products manufactured by Wing Nam Foods Limited were delivered to retail outlets, and the Jiuding Group's PARKnSHOP, Wellcome, 7-Eleven convenience stores, etc., monopolised 70-80% of the retail market in Xiangjiang.
So when the acquisition personnel from Jiuding Securities came, Wang Qingxi and the others simply could not stand up to them. Considering that the Jiuding consortium was going to come in and take their business, they knew they would definitely lose, so they simply sold the company and took the money and left to start a new business.
It just so happened that the textile industry was doing well at the moment, and Zhou Wenxuan, the chairman of South China Dyeing Factory, one of the two major shareholders, was also interested in investing in expanding the dyeing factory.
After the acquisition by Winner Food Co. Ltd., a food industry expert named Luo Shengli, previously the manager of the food trading department at Dah Chong Hong, was recruited by the international executive search firm Korn/Ferry.
Winner Food Co. Ltd. was renamed Master Kong Food Co. Ltd., and Luo Shengli became the general manager.
The original food brands under Winner Food Co. Ltd. continued to be used, but the food developed afterwards was uniformly branded 'Master Kong'.
The first move of the newly established Tingyi (Cayman Islands) Holding Corp. was to invest HK$20 million to build a food factory in Pengcheng, which mainly produced Tingyi instant noodles, Tingyi potato chips, shrimp chips, spring rolls and other food products.
The products could be sold domestically or exported, depending on the business to be developed.
On 15 December, Vitasoy Limited was also taken over.
Luo Guixiang was originally reluctant to sell his shares, but the shares of the other shareholders were all acquired by Jiuding Securities Co.
Jiuding Securities Co. used both persuasion and intimidation. In the face of the Jiuding consortium's power, Luo Guixiang finally gave in and chose to take the money and run, transferring all his shares to Jiuding Securities Co. and taking the 51 million Hong Kong dollars to enter the real estate industry.
The entire Vitasoy Limited acquisition cost 98 million Hong Kong dollars.
Because the Vitasoy brand was already deeply rooted in the hearts of the people, it was decided to continue developing the brand.
The company's general manager was an elite executive recruited from Southeast Asia. The marketing manager of Coca-Cola Southeast Asia was a Chinese named Hu Sanyuan.
In addition, Xia Yu also recruited Luo Qiaosong, the general manager of the milk company, and ordered him to establish a subsidiary, Bright Dairy, to engage in the dairy product production and processing industry. The main products include fresh milk, fresh yogurt, lactic acid drink, room temperature milk, room temperature yogurt, milk powder, cheese, butter and many other categories.
At the same time, Xia Yu also instructed Luo Qiaosong to go to New Zealand and Australia to establish high-quality pastures.
In the blink of an eye, it was December 20th. Due to the tight supply of oil and the pressure of the depreciation of the US dollar, the price of international gold rose to a high of 602 US dollars per ounce.
The US dollar/Japanese yen exchange rate fell all the way to 235 points.
According to historical trajectories, once January 1980 arrived, the international gold price would reach its peak, and the US dollar/Japanese yen exchange rate would also fall to its lowest point.
There is less than a month before the final outbreak, and the volatility will continue to increase.
Xia Yu called a secret meeting with Wang Qi, Liu Tianci, Liu Jiao, Jason Gregg and others.
After returning, each company entered a state of emergency, while further refining the plan for harvesting the escapees and the clean-up plan after the harvest.
As the day drew to a close, Xia Yu pulled open a drawer, took out two invitations, and got into his car to go to the Bao family mansion.
'Ah Yu, you're early today!'
Bao Yugang, who was watering the flowers in the courtyard, heard the sound of a car at the door, put down the kettle and walked towards the door. When he arrived at the door, he saw Xia Yu arrive just in time and smiled broadly.
Xia Yu smiled and said, 'It's been a while since we last saw each other, so I came early to chat with you.'
Bao Yu just wiped the water from his hands and shook hands with Xia Yu, saying, 'Let's go inside and sit down and talk.'
'Lao Huo just called me a while ago. As long as there is no traffic jam, he should be here in five minutes at the most!'
'Good!'
As soon as the two men sat down in the living room, the butler, who had just made the tea, immediately poured a cup of tea for each of them.
'Enjoy!'
'Thank you!'
Xia Yu blew on the tea to cool it down a little and took a sip, then let out a long breath and said, 'Bao Yu, I mainly came here to chat with you and to give you an invitation.'
With that, Xia Yu took out an exquisitely crafted red invitation from his bag.
Bao Yu asked, "What joyous occasion are you celebrating?'
Xia Yu suddenly smiled and handed him the invitation, saying, "You'll know once you read it.'
Bao Yugang took it and flipped through it, suddenly understanding: 'So that's what it's about. I can go up on stage to receive an award?'
During this time, Global TV and the Jiuding newspaper had reported on the selection and award ceremony for the top ten business leaders and top ten influential figures in the Xiangjiang economy, and the elites from all walks of life had been excited.
Some big shots hoped they would be on the list, and some company employees were praying that their bosses would be selected.
Bao Yugang's son-in-law Wu Guangzheng even joked with him that he would definitely be on the list.
Xia Yu smiled and said, 'If you can't make the list, who else on my list will read it?'
'Haha!' Bao Yugang shook his head and laughed.
After laughing, Xia Yu asked, 'Bao, can you find the time on the night of the 25th?'
Bao Yugang readily agreed, 'I'll definitely have time, I promise I'll be there!'
It's such a simple thing to support Xia Yu, not to mention the positive influence it will have.
'By the way, Yu, who are the people on your two lists?'
Xia Yu smiled mysteriously and said, 'Take a guess yourself, it's no fun to tell. Anyway, you and Lao Huo are both on the lists.'
'Oh? You won't even let me know, I'll look forward to it!'
While they were chatting and laughing, Huo Yingdong also arrived. Xia Yu also gave him an invitation, and Huo Yingdong immediately agreed to attend.
After dinner, the three of them were drinking tea when Bao Yugang suddenly put down his cup and said with emotion, 'Yu, you have been very generous over this period of time. You have donated a university in Qianzhou on the mainland and are building two universities in Xiangjiang, one of which is a comprehensive university.
Xia Yu smiled and said, 'There's no way around it. After making some money, you should always give back to society. Besides, training more talent is also good for my company.'
Huo Yingdong said, 'Although that's true, I've never seen anyone do it. At least Bao and I have never thought about it.'
'By the way, Ah Yu, does your Jiuding University accept donations?'
Xia Yu instantly understood Huo Yingdong's thoughts, and he nodded and said, 'Of course it does. A good university is made with money. The first 100 million Hong Kong dollars I invested will soon be gone.'
Huo Yingdong said with a smile, 'In that case, I'll donate 50 million Hong Kong dollars and just give me the title of honorary director, so that I can show it off.'
Bao Yugang followed suit and said, 'Lao Hu is right, I'll donate 50 million Hong Kong dollars too, and give me the title of honorary director too.'
Xia Yu immediately said with a stern face, 'You guys are looking down on me, I'll definitely accept the money, but if you all hang the title of real director or honorary director, people outside will say I'm stingy.'
As for accepting donations, Xia Yu was also very open about it, because running a university is a public welfare undertaking. Since Bao Yugang and Huo Yingdong had this intention, he would of course not refuse.
What's more, in a short while, after the gold futures were delivered, Bao Yugang and Huo Yingdong would both receive huge and generous profits. Donating 50 million was simply a drop in the bucket.
Bao Yugang suddenly laughed, 'Okay, I'll take advantage of your reputation too, haha!'
'That's right.'
...
The following morning, the Jiuding News and Global TV reported the news that Bao Yugang and Huo Yingdong had each donated 50 million Hong Kong dollars to Jiuding University to support its construction.
Once the news spread, the whole of Hong Kong was shaken, and people applauded Bao Yugang and Huo Yingdong for their generosity, and the two men's popularity skyrocketed.
Seeing this, many tycoons who wanted to deepen their ties with Xia Yu donated money and property to Jiuding University.
Over the next few days, Xia Yu personally delivered the invitations, and in the face of Xia Yu's personal invitation, everyone gladly agreed to be there that night.
Just as everyone was waiting with bated breath, the time finally came, on 25 December, the day of Christmas in the West.
At 7:30 pm that evening, the award ceremony officially began!
Status Power Mingguan
-- Peringkat
Power 
-- Power
stone