Chapter 631 Returning to the Right Path in Business, Asset Appreciation
Chapter 631 Returning to the Right Path in Business, Asset Appreciation
Next, the training officially began. Qiu Gang'ao's men and Tian Yangsheng and his sister were divided into pairs to simulate scenarios such as raids, breakouts, and rescues in the complex terrain of the abandoned factory.
Inside the steel frame structure of the factory, Qiu Gang'ao and Tian Yangyi are working together to hunt down a "fugitive".
Qiu Gang'ao, holding a baton, positioned himself to restrain the "fugitive" from the front, deliberately leaving an opening on his left. Tian Yangyi understood immediately, and using the steel frame as cover, he darted out like a cheetah, striking the "fugitive" precisely on the knee with his baton.
The "fugitive" staggered and fell to the ground. The two men stepped forward from the left and right and subdued him in an instant.
"Great job!" Qiu Gang'ao patted Tian Yangyi on the shoulder. "That timely cover was perfect. If I were to go in alone, it would have taken at least three more minutes."
Tian Yangyi's lips curled up slightly, revealing a rare hint of a smile:
"Your restraint was also effective, otherwise I wouldn't have had a chance to make a move."
On the other side, Feng Xiuzheng guided Tian Yangen and the Bursting Bead Fighting.
Bursting Pearl attempted to take Tian Yang'en's short blade head-on, but was stopped by Feng Yuxiu:
"Fighting isn't about brute force; it's about finding your opponent's weaknesses. Her short blade is fast, but her lower body is unstable. After you sidestep, attack her knee; you can subdue her in one move."
He personally taught the popping beads how to adjust their stance and demonstrated the techniques for generating force:
"Keep your center of gravity low, move nimbly, and strike quickly, accurately, and ruthlessly, giving your opponent no chance to react."
Following Feng Yuxiu's instructions, the bursting bead successfully avoided Tian Yangen's attack and pinned him against the wall.
Tian Yangen was stunned for a moment, then nodded: "This move is indeed powerful. I didn't notice the weakness in the lower body before."
On the training field, the sounds of metal clashing and shouts rose and fell.
Qiu Gangao's men became familiar with close-quarters combat techniques and no longer adhered to the police force's conventional tactics.
Tian Yangsheng and his sister also learned to cooperate with their teammates and no longer blindly charge in and fight.
In fact, the Tianyangsheng team has an extremely strong ability to cooperate in combat. However, Feng Yuxiu has been following Ye Haoxuan for a long time. Under Ye Haoxuan's guidance, he, who is already highly skilled in martial arts, has also learned the ability to cooperate in combat.
Under Feng Yuxiu's guidance, the Tian Yangsheng siblings' ability to cooperate in combat has also become stronger.
......
In the early morning, sunlight streams through the floor-to-ceiling windows of the Causeway Bay office building, illuminating the mahogany conference table and filling the room with brightness.
Jimmy, dressed in a well-fitting suit, stood side by side with Fong Chin-bo at the table, holding a thick list of properties. Sitting in front of them were the heads of dozens of Hung Hing's businesses—owners of bars, KTVs, and billiard halls, as well as managers of freight companies and shops. Their expressions varied, but all carried a hint of unease.
"I've called everyone here today to promote the compliance transformation of all industries." Jimmy's voice was steady and powerful. "Now there is only Hung Hing on Hong Kong Island. Our industries can no longer be operated in the extensive way as before. We must take the formal path in order to develop in the long term."
He opened the list and read it aloud one by one:
"Blue Moon Bar and Starlight KTV must improve their fire safety facilities and apply for entertainment business licenses starting immediately; the port freight company must complete its freight qualifications and submit all transportation routes and cargo lists for record-keeping; shops in Causeway Bay and Mong Kok must re-sign formal lease contracts, pay taxes in accordance with the law, and are no longer allowed to raise rents privately or extort merchants."
No sooner had he finished speaking than a KTV manager looked troubled: "Brother Jimmy, the procedures for obtaining an entertainment business license are complicated and cost a lot of money. Could we postpone it?"
“There’s no time to delay.” Fong Chin-bo said firmly, “The police and the Independent Commission Against Corruption are keeping a close eye on things now, and non-compliant operations will inevitably cause problems sooner or later. We have already contacted a professional agency to help everyone prepare the materials, and the cost will be borne by Hung Hing headquarters. In addition, for the compliant businesses, we will connect with banks to provide low-interest loans to support everyone in expanding their operations.”
These words instantly dispelled everyone's concerns.
Jimmy added, "Compliance isn't about restricting everyone, it's about protecting everyone. The old gray-area practices, while seemingly cheaper, were actually fraught with risks. Once caught, not only would the business be gone, but the person would also go to jail. Now, by taking the proper path and making money openly and honestly, isn't that better?"
He paused, then said, "Mr. Fang and I will establish a compliance supervision team to conduct spot checks once a week to ensure that everyone makes rectifications as required. Those who rectify in place will be rewarded by headquarters; those who refuse to rectify will have their business operation rights revoked directly."
All the responsible persons nodded in agreement, and no one dared to raise any further objections.
After the meeting, Jimmy and Fong Chin-bo stayed in the conference room and began to develop a detailed rectification plan.
"The fire safety renovations for bars and KTVs are a priority, and we need to start work next week; as for the freight company's license renewal, I've already contacted a friend at the Transport Department, and we'll expedite the process," Jimmy said.
Fang Zhanbo opened his notebook and took notes of the key points:
"Regarding taxes, I will have the finance team work with each business to develop a reasonable tax planning scheme that ensures both legal tax payment and reduced unnecessary expenses. In addition, I have already had a lawyer draft a template for the shop lease agreements, and I will send people to each shop to replace them."
The two had a clear division of labor: Jimmy was responsible for liaising with industry leaders and promoting the implementation of rectification measures; Fang Zhanbo was responsible for coordinating qualification processing, tax planning, and legal support. Thus, a compliance transformation covering the entire Hung Hing industry was launched.
Meanwhile, in the study of the seaside villa, Marry and Daisy were carefully sifting through a stack of investment project documents. The table was covered with files, including real estate development projects, foreign trade cooperation proposals, and franchise plans for local restaurant chains. The two would sometimes discuss in hushed tones, and sometimes make annotations on the documents.
"This real estate development project in Kowloon has a good location, but the initial investment is too large, the payback period is long, and the risk is too high. I do not recommend investing in it."
Marry set aside a document, "And this foreign trade project involves cross-border transportation. The exchange rate has been fluctuating a lot recently, so it's easy to lose money. Let's pass on that too."
Daisy picked up a document about a restaurant chain and her eyes lit up:
"This 'Hong Kong Style Kitchen' franchise program is good. It focuses on local specialty snacks, already has three directly operated stores, has a good reputation, and the return on investment can reach 30%. Moreover, the risk is low, making it suitable for small investments."
Marry took the documents and carefully looked through them:
"It is indeed feasible. However, we need to conduct on-site inspections of the directly operated stores to verify the authenticity of the profit data. In addition, we also need to understand whether their supply chain is stable to avoid problems such as food shortages later."
“I’ve already sent people to investigate, and we’ll have the results tomorrow,” Daisy said. “There’s also a logistics park project with government subsidies, and the demand for freight on Hong Kong Island is growing. Once completed, it will be able to work in conjunction with our port freight company to improve overall revenue.”
Marry nodded: "This project is worth considering. However, we need to calculate the costs and benefits carefully to ensure there is still room for profit after the subsidies are received. In addition, we need to coordinate well with the government departments to understand the application conditions and procedures for subsidies and avoid the risk of policy changes."
RPAGF