Back to Hong Kong Island, reunited with his family for one night; the next day, Wu Guangyao first came to Uniqlo.

Currently, Uniqlo's assets mainly include the Shau Chi Wan factory, the Sing Tao factory, the twelve Hong Kong stores, as well as two luxury sub-brands - Armani and Valentine Tenno.

As soon as Wu Guangyao entered the office, Fu Hongru then went to the office to report.

"Boss, the export quota has been settled. Our Uniqlo and the Hong Kong Government Development Bureau have reached an agreement to sell us the export quota first." Fu Hongru began to say as soon as Wu Guangyao sat down.

The quota mentioned by Fu Hongru is something that only happened this year!

Two production factories under Uniqlo are heavily dependent on the European and American markets, and 70% of their products are exported to Europe and the United States (OEM).

In April this year, in order to protect the local textile industry, Britain and Japan have implemented textile import quotas to the outside world.

Originally, although the UK and Japan limited the import quota for textiles, they were still enough to support the textile manufacturing industry in the small Hong Kong Island.

However, although the Hong Kong and British governments do not collect taxes, they sell everything, including quotas, that is, export rights.

The burden on Hong Kong's textile industry and garment industry has suddenly increased, and what is even more terrifying is that it is behind;

In later generations, Hong Kong garment industry was the largest manufacturing industry in Hong Kong for a long time; but in the 21st century, there was no decent leading brand. The main income of the four so-called leading companies came from the export rights.

The rest of the garment factories of all sizes are exhausted when buying quotas, and they are not as profitable as Guo Desheng's agent ykk zippers.

These four leading garment companies stand out in many garment factories by speculating on export quotas. Their bosses are Luo Dingbang, Lin Baixin, Tian Yuanhao, and Fang Zhaozhou.

Wu Guangyao is not a saint and can't control what others do, but regarding export quotas, Uniqlo must firmly hold his own quota in his hands.

As the first ready-to-wear garment factory to deeply cultivate the European and American markets, Uniqlo has too many advantages and gets first-hand quotas.

As long as Wu Guangyao is happy, then there will be nothing for those four people in the future!

However, Wu Guangyao doesn’t like to change too much history, nor does he like to worry about others!

"Well, we must focus on our quota in the future. We cannot rob it and then sing the price higher. The Hong Kong government is really good. The UK and Japan restrict the import quota of textiles. Originally, our Hong Kong Island was fine. After all, the market is so big, and the production of a small Hong Kong Island is enough to be sold. Now, the Hong Kong government has made money. It's fine if they make money, but they also give others the opportunity to speculate on quota." Wu Guangyao complained.

The tax rate in Hong Kong is indeed low, and the government is not very interested in taxes with relatively high cost.

The tax system in Hong Kong is simple, with extremely low tax rates and loose controls. In the 50 years of return, corporate gains tax was around 16%;

During the same period, Japan and South Korea were above 50%; Singapore and Taiwan were around 40%.

This makes Hong Kong Island a tax haven and money laundering paradise in Asia.

Taxes account for only 60% of the fiscal revenue of the Hong Kong and British governments, and the other 40% comes from renting and selling land, selling quotas, and controlling public utilities.

So, it is not that the Hong Kong Island government is kind-hearted, but that the Hong Kong Island government has its own abacus!

"Then should we buy more so that we can take care of emergencies, and we can sell the excess to others!" Fu Hongru suggested.

"Not too much. I am the president of the ready-to-wear chamber. Don't take the lead in destroying this trend. Sell it to others at a fair price, and others think I've made money."

Then we talked about two luxury customized brands under Uniqlo, both of which were well developed.

Wu Guangyao had no high requirements for the garment industry. He sought stability in the 1950s and 1960s, development in the 1970s and 1980s, and explosion after the 1990s and 1990s.

The textile factory of my father-in-law Lin Youde is even simpler. Anyway, it is because of the PG zipper and Uniqlo orders that you don’t have to consider other things and make a big profit.

...........

Lao Fengxiang Jewelry Headquarters, President's Office.

Wu Guangyao walked around casually in the office, observing his new office, and was in a good mood.

This is the third time that Lao Fengxiang Jewelry has moved into a new office building, and it is bigger and bigger every time;

As for the next time, it must be moving into the building built by my own Yangtze River Industry.

A male employee stood aside, waiting for Wu Guangyao's instructions. He was an office employee of Lao Fengxiang Jewelry and occasionally acted as Wu Guangyao's secretary.

Wu Guangyao does not have full-time secretary in all companies, and is an office employee who plays this role.

The entire office is simply arranged, without too much decoration, and a few pots of planting make people feel refreshed.

There is a telephone and a few books on the desk, which is very tempted by Wu Guangyao.

"I am very satisfied with the office layout. You just need to clean it every day and you don't have to buy anything more!" Wu Guangyao ordered after visiting his new office.

"Yes, Mr. Wu!"

After the staff quit, as soon as Wu Guangyao sat down, Rong Bensheng came to the office to report on his work.

Wu Guangyao leaned on the chair, feeling a little relaxed, and said to Rong Bensheng: "Sit down. I heard that you just came back from Japan. Tell me about the situation!"

Rong Bensheng sat slowly on the sofa, sitting only half of his hips, straightening his back, and starting to report seriously.

"After five months of vigorous publicity, the effect of the Japanese diamond market has been revealed. Many wealthy young couples have gradually begun to accept the statement of diamond wedding rings, and the market has gradually improved. At the same time, we have also encountered some resistance. With our large number of advertisements, many media in Japan have begun to refute us that diamonds are not suitable for Japan now. Japan now needs to develop its economy, so it is not advisable to be too arrogant and extravagant, and even public protests have erupted...."

Wu Guangyao leaned forward and said seriously: "Then is there any action by the Japanese official?"

"Not yet, but I'm afraid that we will continue to invest in a lot of advertisements, which may cause disgust from the Japanese authorities." Rong Bensheng said with some concern.

Wu Guangyao also had a headache. Japan is now making trouble for the economy, and even American goods dare to resist protests, let alone a diamond jewelry exported from Hong Kong Island.

Fortunately, Lao Fengxiang Jewelry is in the form of diamond jewelry and cooperates with local jewellers in Japan, otherwise he would be driven away by this country with serious national self-esteem.

"The radio ads are removed first. As for the advertisements in newspapers, we need more targeted publicity."

"We need to plan a more touching story: finding a more famous woman in Japan, but her marriage was unfortunate and she was abandoned by multiple men. (If not, choose to make up.)

When we took out the diamond ring, the woman exclaimed: What is this made, how come it is so beautiful?

We replied: This is a diamond. Diamond has a hard and eternal quality. It is your next generation. After the next generation, it will still maintain its beauty and glamor!

The woman suddenly said sadly: How great it would be if a person could have a diamond-like love!"

"The soul of diamond is here - a story about eternal love!"

"We are going to find a story motif suitable for product characteristics in this woman - eternal love:

What is a diamond?

Diamonds are hard: among the most hardest substances found on the earth, nothing can break it;

Diamonds are stable: any acidic or other medicine does not work on it and will not deteriorate due to changes in time.

What is the ideal love?

Love should be hard, nothing can break it;

Love should be stable and will not deteriorate due to changes in time.

Diamond = hard and stable = eternal love = hard and stable = eternal so: Diamond = love = eternal”

Rong Bensheng listened to Wu Guangyao's story planning and looked very focused, afraid that something would be missed.

"Mr. Wu, you are simply a giant in the advertising industry. These promotional methods will definitely make our diamond business a step further!" Rong Bensheng said in admiration.

Wu Guangyao said: "If the advertisements need to continue to be promoted, then we have to bring in someone to stand up for us and increase the influence of diamonds in Japan!"

Rong Bensheng understood at one point and immediately said, "You are talking about Ernest, President De Beers?"

Wu Guangyao nodded and said, "Ernest attaches great importance to cooperation with our Lao Fengxiang Jewelry. Our patent advertisement is free for De Beers, so it is time for them to do their part. You can send an invitation letter now, let Ernest go to Hong Kong Island, and then go to Japan to promote it together."

After Rong Bensheng left happily, Yuan Jian, who was in charge of finance, and Gundam, who was in charge of the workshop, came to report on his work one by one.

Lao Fengxiang's current financial situation is that he owes HSBC a huge sum of $500,000 and has to spend a lot of advertising fees. It seems that it will take the second half of 1953 to get rid of this situation.

Fortunately, the gold and silver jewelry business is doing well, with annual profits reaching about HK$1.8 million, and diamonds are also starting to make a lot of profits.

.........

Queen's Avenue in Central, Global Building.

Wu Guangyao took the financial statements in his hand and carefully checked the accounts of Global Shipping.

It has been 8 months since the construction of 15 30,000-ton tankers in November last year;

Global Shipping made a full $17 million in these 8 months, which is quite impressive.

At the same time, second-hand cargo/oil tanker increased from 420,000 tons to 550,000 tons. With the 450,000 tons new ship being built, the load capacity of Global Shipping finally reached 1 million tons.

At this time, the Greek ship king Onassis was only about 1.2 million to 1.5 million tons. Of course, Onassis's fleet was still much newer than Wu Guangyao's fleet.

Global Shipping's 150,000 new ships are worth US$80 million, and it will cost about US$95 million to raise interest. Currently, 15 million yuan has been repaid, and 80 million yuan still needs to be paid back.

If the Korean War ends in July next year, Global Shipping should still make about US$26 million. If you are in a hurry to repay the loan, you should be able to pay it off by the end of 1955;

However, Wu Guangyao will not stop his pace. His goal is to have a load capacity of 30 million tons, so he will not rush to repay the loan. He needs to keep buying a boat.

The flow of time is endless, and the struggle continues!

After reading the information, Wu Guangyao said to He Yuanzhang on the sofa: "You must hurry up from the Maritime Academy. We must stick to the elite route. The ship is just a tool. What can truly satisfy customers should be a group of skilled and qualified seafarers."

"Boss, please rest assured that the people from Global Maritime Academy are no worse than those from Europe and the United States!" He Yuanzhang said confidently.

Wu Guangyao nodded. From the beginning, Global Maritime Academy has strictly followed the elite route, so the customer satisfaction of Japan has always been very high.

.........

pg zipper headquarters is located in Tsuen Wan Zipper Industrial Park.

Since acquiring YKK zippers, Wu Guangyao's zipper business has been booming, with PG zippers making $15 million from an original annual profit of $6 million.

After the operation of the Tsuen Wan factory and the acquisition of ykk zippers were completed at the same time, not only did the profit margins be much higher, but the market also increased a lot.
To be continued...