Legend of Xiangjiang Tycoon

Chapter 573: Textile crisis

"Mr. Li, let me introduce to you, this is Xu Shixun, the boss of China Construction Real Estate!" Bao Yugang pointed at Xu Shixun and said.

In the presence of outsiders, Bao Yugang did not call Awen.

The reason for the introduction is the boss of China Construction Real Estate, not the boss of the Xu Group.

It is entirely because Xu Shixun's second brother is still there, and after Xu Aizhou's death, the Xu family's property was controlled by three sons.

Although the Xu family's mining industry, real estate industry and shipping industry were divided among the three sons, the Xu family did not split up.

Therefore, Xu Shixun was able to regain control of the Xu family after the death of his second brother, and the Xu family was not divided.

"Hello, Mr. Xu, today I've been in the light of Mr. Xu. The black lightning is very good!" Li Zhiwen said with a smile and stretched out his hand.

Reaching out his hand not to hit the smiling face, and besides there is no contradiction between the two, naturally Li Zhiwen is good to say good things.

"Mr. Li can give it to Mr. Li if he likes it!" Xu Shixun also smiled and stretched out his hand to hold Li Zhiwen's hand.

"Gentlemen don't take people's favor, and I don't have much interest in horse racing!" Li Zhiwen said.

"Mr. Li is very polite, but the black lightning is really small, and it is not the top in horse racing, so let's make an appointment with Mr. Li to come and have a look at my racecourse!" Xu Shixun said.

Li Zhiwen knew that it would be bad to refuse, so he nodded and agreed.

And Xu Shixun saw that the goal had been achieved, so he said a few words to Huo Yingdong and Bao Yugang and left.

And Bao Yugang's goal has also been achieved, the horse racing has also ended, so he and Li Zhiwen made an appointment to visit Xu Shixun.

Li Zhiwen left Happy Valley and went to the Kylin Clothing Headquarters in Causeway Bay.

Zheng Chao called yesterday to say that he had something to report.

"Boss!" Zheng Chao was already waiting outside the Kylin Clothing Company.

"Go in and talk!" Li Zhiwen said concisely.

In this way, Li Zhiwen and Zheng Chao entered the office one after the other.

"A Chao, what are you talking about?" Li Zhiwen said.

"Boss, the textile unions in Xiangjiang are currently uniting. We want to increase the price of textile raw materials. Our Kylin Clothing Company is the first garment manufacturer in Xiangjiang, and it has been hit particularly hard, so I will report it here." Zheng Chao said.

"Textile trade union, how much is the price increase?" Li Zhiwen asked.

"At least 30% from the inside report." Zheng Chao said.

"Three percent, what a big appetite!" Li Zhiwen sneered.

Zheng Chao didn't speak when he heard Li Zhiwen's sarcasm.

In fact, although you, Li Zhiwen, are the richest man in Hong Kong, you can't let others lose your head.

Textile unions own more than 90% of the textile raw materials in Hong Kong.

Therefore, Kirin Clothing Company is still subject to the constraints of the textile union.

"What is the specific situation on the textile union side?" Li Zhiwen asked.

"Boss, most of the members of these textile unions are from Shanghai. This is their information." Zheng Chao said.

Li Zhiwen picked up the information that Zheng Chao handed over and looked at it.

There is a historical basis for why the textile union in Xiangjiang was controlled by the Shanghainese.

The capital and technology for Hong Kong's early industrial take-off mainly came from Shanghai, while the labor came mainly from the neighboring rural areas of southern China.

The development process of Hong Kong's industry is essentially a transformation process from simply earning economic income from entrepot trade to importing raw materials to process finished products, and finally exporting them to the world market for sale, thereby earning "added value".

The textile and garment industry is a pioneer in this transformation.

Before the war, there were only a few copycat textile and garment factories in Hong Kong.

In 1950, there were more than 500 textile and garment factories in Hong Kong, employing 25,000 workers, accounting for more than 30% of the manufacturing workforce.

In 1960, there were more than 30 spinning mills in Hong Kong with 16,000 employees; more than 300 weaving factories with 25,000 employees; 689 garment factories with 42,000 employees .

Among them, the garment industry developed the fastest. The number of factories increased by 16 times compared with 1950, and the number of employees increased by 20 times. The number of employees accounted for 18.8% of the entire manufacturing workforce.

The development of the textile and garment industry has driven the development of the entire industry in Hong Kong. For a long time, Hong Kong's textile exports accounted for about 30% of the total export volume.

Since the 1960s, Hong Kong has paid more attention to the development of the garment industry with high added value, and has become the world's garment center.

In 1973, the export volume of Heung Kong garments surpassed Italy for the first time and took the first place in the world. In 1978, although Hong Kong was not as good as Italy's export value of 3.35 billion US dollars in the same year, it relegated to the second place with 3.32 billion US dollars, but in the case of the world's clothing industry powerhouses, Hong Kong's A small economic zone is indeed very powerful.

Since the early 1980s, the cost of labor in Hong Kong has soared, and Guangdong Province has become the rear factory of Hong Kong's textile and garment industry. Textiles can still maintain a strong international advantage.

Shanghai is the largest textile industry base in China. Before the 1950s, Shanghai's textile output accounted for more than half of China's.

There were two upsurges in the relocation of the textile industry in Shanghai to Hong Kong. One was before the fall of Hong Kong, when Shanghai was under Japanese puppet rule, and Hong Kong was relatively peaceful.

A small number of these textile mills from Hong Kong and Shanghai were defeated in Japan and moved back to Shanghai, while most of them stayed in Hong Kong.

Driven by Shanghai businessmen, local businessmen in Hong Kong have set up some copycat weaving factories.

The second wave of relocation to Hong Kong occurred in the late 1940s and early 1950s. Initially, the factory was moved to the south, mainly due to the inflow of textile talents and capital. This time, the scale of the relocation to Hong Kong is much larger than the first time, and it is a good opportunity to have abundant labor resources-hundreds of thousands of immigrants from the mainland flock to Hong Kong, and the cheap labor is exhausted.

Before the industrialization of the Hong Kong government, the textile industry in Hong Kong had a considerable foundation. At the beginning of industrialization, the textile industry took the lead and became a star among all industries, driving the development of all industries in Hong Kong.

In the Chinese business community in Hong Kong, Shanghai businessmen engaged in the textile industry took the lead in breaking the pattern of the hegemony of Cantonese businessmen.

Hong Kong is a vast ocean of commerce that is not selective and inclusive. As long as you have the ability and perseverance, you can find a stage to display, and seize the right opportunities to obtain the wealth and status it deserves.

Some of the Shanghai businessmen in the textile industry are among the Hong Kong Ten Billionaires Club;

The three leading figures of the textile unions to be introduced now were not textile capitalists before they came to Hong Kong.

Chen Tinghua is from Ningbo, Zhejiang, and his father is Yinshang in Ningbo. Chen Tinghua graduated from middle school and learned to do business under his father early.

At that time, half of the merchants in Shanghai were from Ningbo, and the other half were from Hangzhou, Jiaxing and Taihu Plain.

My father said, "If you want to do great things, you have to go to Shanghai."

The teenage Chen Tinghua came to Shanghai by boat. Chen Tinghua is down-to-earth in his work, and his father has a lot of relationships with Ningbo gangs in Shanghai. Chen Tinghua, who is only in his early twenties, has served as the general manager of three Ningbo commercial banks.

In 1949, Chen Tinghua came to Hong Kong with a batch of gold and silver, and rented an office of more than 100 square feet in Aiqunhang, Central, and engaged in cotton yarn and cotton cloth business.

Mainland immigrants flocked to Hong Kong in large numbers, the market is chaotic, people are unstable, and the language barrier is not enough, business is extremely light.

Chen Tinghua felt that he was not suitable for being a trader in Hong Kong, dealing with Cantonese people, and listening to Cantonese was like listening to foreign languages.

So, I started thinking about being an industrialist. His preferred industry is naturally the textile industry, which is the traditional industry of the people in Shanghai.

Chen Tinghua worked steadily, moved his thoughts, and stayed still.

Chen Tinghua observed the current situation, inspected the market, and searched for talents; on the other hand, he maintained the textile trade and raised funds.

In May 1954, he established Nan Fung Spinning Factory Co., Ltd. by inviting shares.

The first spinning mill was located in Tsuen Wan, New Territories, where land prices are cheap. The capital of the spinning mill was HK$600,000. It was completed and put into operation two years later, with a monthly output of 400 bales of cotton yarn at 400 pounds per bag, all of which were supplied to the weaving mills in Hong Kong. It was one of the larger spinning mills at that time.

Zhou Wenxuan and An Zijie came to Hong Kong at about the same time as Chen Tinghua. Like Chen Tinghua, they were not in the textile industry before they came to Hong Kong.

Zhou Wenxuan, a native of Suzhou, was studying in his hometown until the third year of junior high, when the war broke out. When the school moved in, Zhou Wenxuan was forced to drop out of school and go to a dyeing factory in Shanghai as a laboratory student.

After having some savings, I invited a few friends to set up a small factory in Lilong, specializing in the production of sewing needles. Zhou Wenxuan's most contacts are shopping malls and garment factories, where he often goes to sell burs.

In May 1949, Zhou Wenxuan and his wife joined the flow of people who moved to Hong Kong.

If Zhou Wenxuan didn't come to Hong Kong, maybe he would never know An Zijie in his life, let alone become a business partner.

An Zijie, slightly older than Zhou Wenxuan, was born into a family in Shanghai in 1912 and received a good education since childhood.

In 1938, An Zijie, a senior clerk in a commercial firm, came to Hong Kong with his wife and children to escape the war. An Zijie worked successively in banks and trading houses in Hong Kong.

An Zijie recalled: "I was like a grain of corn hit by a big wave in the ocean. I landed wherever the big wave rushed me. At that age, it was also an adventure."

In the winter of 1948, An Zijie came to Hong Kong again to take shelter from the wind.

An Zijie and some friends in Shanghai founded a trading company.

Since the beginning of 1949, there has been a surge of inland immigrants moving to Hong Kong. Hong Kong is full of southern and northern dialects. Apart from Cantonese, which has lasted for centuries, Wu dialect is the most easily heard.

People in Shanghai mostly get to know each other through Wu dialect, and when they meet fellow villagers in a foreign country and the situation is chaotic, they are naturally extraordinarily cordial. "

Shanghai people often gather together to talk about state affairs and family affairs and the current situation. It was on this occasion that Zhou Wenxuan, An Zijie and others met.

Tang Xiangqian, the former chairman of the Federation of Hong Kong Industries, once recalled: We were all decent people in Shanghai, and when we came to Hong Kong, we had almost nothing but a pair of hands. Hong Kong is overcrowded and prices are soaring. We can only rent simple houses and worry about food and clothing. The locals in Hong Kong do not blame the mainlanders, and it is inevitable that the mainlanders will be discriminated against. However, Cantonese people are good at this. They will not demolish your platform when you do your business. Everyone competes fairly, regardless of the north, the south, the east or the west. This is Hong Kong.

At that time, there were Tang Xiangqian, Zhou Wenxuan, Zhou Zhongji, Zhang Shucheng and others in An Zijie's circle. They were originally in Shanghai, and they were all just ordinary property owners. Zhou Wenxuan said: "In front of Hong Kong people who own garden houses, we are simply paupers."

Everyone gathers together to relieve their worries and vent their dissatisfaction with reality. Whether it is to be discharged or vented, the most important thing now is how to survive.

They naturally thought of the textile industry, which seemed to be the hereditary domain of Shanghainese.

Among them, only Zhou Wenxuan had worked as a laboratory technician in a dyeing factory in Shanghai, so he could be regarded as a professional.

Based on this, everyone gathered together to open the South China Dyeing Factory in Castle Peak Road. An Zijie is the chairman and Zhou Wenxuan is the general manager.

They also had formal contacts with Chen Tinghua at that time. The dyeing factory purchased cotton yarn from Chen Tinghua's Nanfeng Spinning Mill, dyed it, and sold it to the cloth factory for weaving.

The dyeing factory is a big draughtsman, and the owners of the textile industry all see the dyeing factory as a dangerous way to go. Zhou Wenxuan recalled: "At that time, it was difficult to open a business, because Hong Kong lacked drinking water, and we had to pump the mountains and rivers to solve the difficulties. Sometimes, I wake up in my sleep because I worry about the dye factory running out of water."

The report pointed out that today's Hong Kong and Shanghai rich people will find such an interesting phenomenon: almost none of them are the world's richest people in old Shanghai.

Among the Shanghai tycoons who came to Hong Kong, there is such a type of people who sit and eat the assets they bring. Apart from occasionally dabbling in stocks and gold, they never get involved in the industry.

They don't believe in the world, and they think that the accumulation of wealth will eventually deprive them; they are skeptical of Hong Kong's status and do not expect to make a comeback in Hong Kong.

Obviously, even if they brought a golden mountain, they would still be sitting on the mountain.

However, most of the old capitalists are still conscientiously re-starting businesses in Hong Kong. They have strong capital, rich experience, and bring a group of caring professionals. However, very few of them end up in the billionaire ranks.

In fact, some answers may be found from the fortunes of Chen Tinghua, Zhou Wenxuan, An Zijie and others.

Chen Tinghua's style is stable but not conservative. He is optimistic about the cotton yarn market and does everything possible to raise funds~www.wuxiaspot.com~ is not afraid of debt expansion.

The initial capital of Nan Fung Spinning Mill was only 600,000 Hong Kong dollars. When it was put into operation in 1956, there were less than 6,000 ring spindles.

By 1960, Nan Fung had more than 50,000 ring ingots, with a capital of 6 million Hong Kong dollars. In just a few years, it expanded 10 times and became a big brother in the industry.

Chen Tinghua always follows the trend of new technologies in the world. In 1970, the "air spinning spindle" was invented abroad, and the efficiency was several times faster than that of the traditional ring spindle. Chen Tinghua bought a large number of air spinning, and did not hesitate to eliminate old machines.

In 1979, Nan Fung's monthly output of cotton yarn reached 16,000 bales, which was 40 times that at the beginning of its establishment. Chen Tinghua is known as the largest cotton yarn industry in Hong Kong. The textile industry is a labor-intensive industry. Its rise and fall is related to labor services. cost is directly related.

In the 1960s, the shadow of the sunset industry hovered over the textile industry in Europe and the United States; in the 1970s, the shadow shrouded the Japanese industry; in the 1980s, the Hong Kong textile industry was in a panic, and quite a number of textile factories moved to Guangdong or stopped production.

In fact, if one counts seriously, the garment factories under Li Zhiwen are also moving to the mainland, which can also be counted as part of it.

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