In December 1978, the spring breeze of reform and opening up blew across the motherland, and our country began to implement policies of domestic reform and opening up to the outside world. At the beginning of reform and opening up, among the Hong Kong compatriots who interacted with Comrade Deng Xiaoping, the ship king Bao Yugang was the one who met the most.
Bao Yugang was interviewed by Deng Xiaoping at that time and was published in the newspaper 9 times. In fact, the number of times he met with Deng Xiaoping was far greater than this number.
On March 15, 1980, Bao Yugang, chairman of Hong Kong Global Shipping Group, known as the "world ship king", arrived in Beijing. His trip was to discuss the issue of ordering ships.
It was during this negotiation that Bao Yugang found that Beijing lacked a suitable tourist hotel. In order to support the development of the motherland, Bao Yugang expressed his willingness to invest in building a tourist hotel in Beijing and give it to the government.
's decision should have been warmly welcomed by the local tourism bureau, but no one dared to answer Bao Yugang's tens of millions of checks.
When the news reached Comrade Deng Xiaoping, he waved his pen without hesitation and ordered: Agree!
So, who is the ship king Bao Yugang? Why no one dares to answer his check? Let's take a look.
Chinese ship king, amazing
Among the Chinese who developed abroad in the last century, there were many people who chose to do business, but very few people who chose to engage in the marine operation industry. Our country has a vast land area, and people in China are used to the sense of down-to-earth of stepping on loess and have a sense of awe of staying away from the elusive mysterious ocean.
Surprisingly, in the mid-to-late last century, a successful marine adventurer appeared in the Chinese circle. With his strong business talent, he became a famous Chinese ship king. He is Pao Yugang, the chairman of Hong Kong Global Shipping Group, known as the "world ship king".
1949, Bao Yugang and his father Bao Zhaolong came to Hong Kong. At first, the Bao family was in import and export business, but with the changes in the current situation, Bao Yugang turned his attention to the shipping business.
Bao Yugang's father disagreed with his son's idea and believed that the shipping business relies on the weather and was extremely unstable. Even if import and export business declines, we should choose a more insurable local business.
, Bao Yugang, who has always been filial, is particularly stubborn in this matter. He feels that the sea is summoning him in the dark. Through various examples, he finally convinced his father. Therefore, in 1955, the Bao family spent a huge amount of money to buy an old ship worth more than 8,000 tons, named it the "Jin'an" and began the Bao family's shipping business.
1956 the Egyptians chose to take back the canal, and the aviation industry ushered in a "spring". At that time, the Jinan ship made Bao Yugang a fortune with just a short period of shipping, which made him more determined to have his shipping career. So after obtaining the Jinan air lease, the Bao family bought many cargo ships one after another, only less than a year. There are 7 ships.
Many people say that Bao Yugang is able to become the world's ship king because of several key three factors. First of all, we must affirm his outstanding talent, secondly, the support of HSBC , and the last point is that he captured the mentality of Japanese businessmen who are unwilling to buy a boat.
The Jinan ship was rented to a Japanese ship company by Pao Yugang, and at that time he adopted the method of long-term rental. You must know that this is an extremely dangerous decision. Before Bao Yugang's long-term rental, all shipping companies adopted short-term rental methods.
runs a voyage and settles the rent once. The reason for this is also very simple, not only because the charging standards can be raised, but more importantly, the rental price can be increased at any time.
But Bao Yugang did the opposite and adopted the business method of renting ships for a long time. He rented his ship to others for 3 years, 5 years or longer, greatly reducing the rental standards.
Many people scoffed at Bao Yugang's decision, believing that he was overestimating his ability. Bao Yugang didn't care about this and said bluntly: I would rather make less money than take risks. Such a steady approach undoubtedly meets the bank's appetite.
At the beginning of 1957, the international shipping industry began to enter a cold period.At that time, many ship owners not only couldn't find the people who rented the boat, but also lost all their money. However, Bao Yugang, with his unique business method, was exactly what Japanese businessmen were thinking that they were unwilling to buy a boat. Bao Yugang first got the order from a Japanese customer and then found HSBC to borrow.
At first, HSBC had doubts about this loan, so Bao Yugang, who received the HSBC promise in 1956, found his Japanese customer and asked them to help issue a Japanese bank letter of credit . Many Japanese businessmen were willing to plead for Bao Yugang, so they quickly reached the first deal between HSBC and Bao Yugang.
From then on, Global Shipping Group became a fixed customer of HSBC. With HSBC as its backing, Bao Yugang has been even more in the business world since then.
In 1978, the Bao family had more than 200 giant ships, and the ship dwt-nation was far higher than that of Europe, the United States and the Soviet Union. The following year, Pao Yugang was elected as chairman by the International Independent Tankers Association. It can be said that Pao Yugang's rise established Hong Kong's position as the center of world shipping.
With the implementation of the reform and opening up policy, Bao Yugang came to Beijing in 1978. After witnessing the rapid development of the mainland, we have received the promise that the government will try its best to maintain Hong Kong's prosperity. Bao Yugang felt at peace, and soon afterwards he showed people his thundering methods.
In June 1980, Bao Yugang took action before everyone could react. In just a few hours, he used HK$2.1 billion in cash to obtain the controlling stake in Hutchison Whampoa. What exactly happened?
You should know that " Hutchison " is the main force of Jardine Mahjong, Hong Kong, and one of the largest British capital enterprise groups in Hong Kong, with a market value of up to tens of billions.
Bao Yugang, however, with the help of Li Ka-shing , quietly acquired a large number of Hutchison Whampoa stocks. As of April 1980, Bao Yugang had already held 30% of the shares in "Waterland Warehouse", while Jardine Map had only 20% of the shares.
Jardinet Consortium reacted and was shocked and quickly mobilized a large amount of funds to attempt to acquire the "Waterland Whampoa" stocks at a high price to regain "Waterland Whampoa".
Who knew that Bao Yugang was not afraid of Jardine Mahjong. He used 2.1 billion cash to get 19% of the shares again. So far, he already has 49% of the shares in his hands and completely acquired the "Waterland Warehouse", a comprehensive enterprise with hotels, warehouses and docks.
Bao Yugang became famous in one battle. This business war caused the British consortium , which has always looked down on Chinese capital, to greatly damage the vitality of Chinese people, and greatly boosted the ambition of Chinese people.
Bao Yugang successfully won the Hutchison Whampoa, which also demonstrated his amazing business talent. From then on, Bao Yugang began to gradually give up the sluggish shipping industry and concentrate on operating his own real-time business. Therefore, he successfully escaped the catastrophe caused by the Great Depression of the World Shipping and began to focus on the development of industry and commerce in Hong Kong.
Bao Yugang and Deng Xiaoping
Ship King Bao Yugang are not only an excellent businessman, but also have an extremely calm and sober mind in the face of major issues. He has a very clear position on national identity and unswervingly loves the land of the motherland.
Bao Yugang had intersections with the Communist Party in his early years. When he was working in a bank in Hunan, his best friend Lu Xuzhang was a glorious underground member of the Communist Party of China. So at a very early age, Bao Yugang had already made many contributions to our party "unconsciously".
His friendship with Lu Xuzhang was also an extremely important reason for his close relationship with our party since then.
1978, when we just decided to carry out reform and opening up, Bao Yugang couldn't wait to go back to the mainland to take a look. Beijing was also surprised when he received the letter from Bao Yugang. After seeing Bao Yugang's affectionate request, Comrade Deng Xiaoping sent Liao Chengzhi, who was responsible for overseas Chinese affairs, to receive it.
Bao Yugang was very excited when he received the reply. He couldn't wait to board the plane to Beijing and was warmly welcomed after arriving.Since getting off the plane, Bao Yugang sensitively discovered the huge changes in Beijing. He excitedly wandered in the streets and alleys of Beijing, sighing that the modernization of the mainland has been on track.
Bao Yugang thought to himself: What about me? What can I do for the modernization of New China?
Pao Yugang, who returned to Hong Kong, started to act without stopping. In March 1980, Bao Yugang established many international joint ship investment companies jointly operated by banks and the Mainland, and purchased 6 freighters from the Mainland. Bao Yugang brought a revenue of 100 million US dollars to the mainland, and we see all his efforts.
On March 15, 1980, after we signed the agreement to purchase freighter, Bao Yugang expressed his willingness to support the development of the motherland's tourism industry. He bluntly stated that Beijing now lacks an international hotel , and he wants to invest in the construction and give it to the government. But who knew that no one dared to accept his tens of millions of checks? Why is this?
It turned out that Bao Yugang also made a request: in order to commemorate his father, he wanted to name the hotel after his father Bao Zhaolong.
Bao Yugang thought that he would definitely be popular with people. But he never thought that his request made many people doubt: Should we accept donations from a capitalist? Name a hotel with the word "Zhaolong"?
Lu Xuzhang was also unsure of his mind, even though he reported to the State Council two times he made to the State Council, he was approved. But no one dared to accept Bao Yugang's check.
The news reached Deng Xiaoping's ears, but he smiled and said: Why can't it be used? So what if you use his name? This is useful for our socialist construction . It has contributions to commemorate. I agree with this matter! Others disagree, I say. Then he wrote down four big words " Zhaolong Hotel " with a big stroke.
On July 6, 1981, Deng Xiaoping met with Bao Yugang at the Great Hall of the People . Comrade Deng Xiaoping kindly held Bao Yugang's hand and said bluntly that the two should have met long ago. Subsequently, the two had a simple communication on the cooperation between the International United Shipbuilding Investment Company and the China Shipbuilding Industry . Comrade Deng Xiaoping also expressed his affirmation and gratitude to Bao Yugang for his patriotism and help.
Although this is the first time the two met, there are many topics between them. They talked about the international situation from the mainland. Although the two with broad vision are one political and one business, they are particularly speculative.
After the talks, when Deng Xiaoping bid farewell to Bao Yugang, he said happily: "You are different from others. You are a practical man, welcome to come often."
So in the days that followed, Bao Yugang often came to Beijing and would receive an invitation from Comrade Deng Xiaoping every time. On October 25, 1985, Comrade Deng Xiaoping personally attended the ribbon-cutting gift at Zhaolong Hotel, which moved Bao Yugang very much.
Bao Yugang is a typical "patriotic capitalist" in my country. When Lu Xuzhang persuaded Bao Yugang to return to Hong Kong to develop in 1948, he hoped that he could make money and serve the motherland after development. Many years later, after Bao Yugang met Lu Xuzhang, then the deputy minister of the Chinese government's foreign trade department, in Hong Kong, and smiled and said to him: "Look, have I done it: if I want to make money, the country still needs to love?"
wants to provide education for the motherland
The year when I returned to my hometown, Bao Yugang stood on the land of Ningbo, Zhejiang and told everyone: I want to provide education for my hometown!
Bao Yugang said with a bright look: Ningbo has much larger area than Hong Kong, but there are 4 comprehensive universities in Hong Kong, but there is not one in Ningbo? Where does this make sense?
On December 20, 1984, Bao Yugang proposed to Comrade Deng Xiaoping that he wanted to run a university in Ningbo. When Deng Xiaoping heard this, he said that this was a good thing and immediately praised Bao Yugang as a patriotic good comrade.
, who was affirmed, Bao Yugang quickly submitted a reasonable school building plan to Lu Xuzhang. After confirming that there were no loopholes in the plan, Bao Yugang immediately took out 50 million yuan to build the Ningbo University that we can see now.
It is worth mentioning that in his hometown in 1984, Bao Yugang accidentally discovered another identity - Bao Zheng 's legitimate grandson.In October 1984, Bao Yugang returned to his hometown of Ningbo, Zhejiang. While visiting " Tianyige ", he accidentally discovered in "Bao Family Genealogy" that he was Bao Qingtian's 29th generation grandson! The discovery of
made Bao Yugang very excited. He seemed to have found the leaves of the roots and finally found the place of his soul.
summary
Bao Yugang's life has accumulated a lot of wealth. But he has always adhered to the traditional virtues of China. He is thrifty and has strict requirements on his children. He has passed on the Bao family's thrifty and patriotism from generation to generation...
On September 23, 1991, Bao Yugang, a ship king, died of illness at home at the age of 73. Once the news of his death came out, it caused a sensation in the entire business district. His death also marked the end of an era.
Bao Yugang's life is practicing the patriotism of "taking from society and using all society", and practicing the person who "does not be happy with things, do not be sad with oneself". Pao Yugang is not only a role model in the Hong Kong business community, but also a generation of patriotic businessmen. Here, I would like to pay tribute to Mr. Bao Yugang.
