The Spring Festival is very short, especially when I am playing, I always feel that time passes very quickly, and before I know it, it is time to go to work again.
In the second conference hall of Wheelock Building, the Lee Group held its first management meeting above the vice president level after the Spring Festival holiday.
Except for the senior management of certain groups who need to stay behind, all the management of the Li Group above level 13 came here, and the meetings were quite intensive.
After Li Guangyu sat down, he said: "This meeting is mainly to study the development direction of our major groups. Now the development of some of our groups seems to have reached a bottleneck. Some senior executives hope to achieve better interests for the group.
Taking the road of comprehensive development, focusing on the real estate industry, and changing methods to hope to deepen the hands of our group into the real estate industry, this is obviously not in line with the development of our entire industry."
There are many people who have this idea. Not only Li Xuelan and Zhou Zhigang, but also Zhang Ziyu, Du Yuemei and some senior group officials also have this idea.
The biggest influencing factor is that these senior executives are basically from Xiangjiang. They grew up in Xiangjiang and have witnessed the development of Xiangjiang in the past few decades. They know very well which companies currently dominate the Xiangjiang stock market.
The past real estate boom in Xiangjiang and the current real estate boom in Japan have made them clear about the prospects of this industry. They are not worried about losing money if they enter this industry. With Li Guangyu here, they believe that Li Guangyu can perfectly avoid them.
The impact of the housing market crash on them.
Looking at the annual profit performance of several major real estate groups, many group presidents are not reconciled. Their employees are dozens of times that of several major real estate groups, and the profits they earn in the end are less than half of those of the major real estate groups. This makes them quite unbalanced.
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They have worked hard and even taken on huge competitive pressures and risks, but the returns they have received are far from comparable to those of several major real estate companies. This has also intensified their determination to enter the real estate industry.
Moreover, the reform of Hengyu Supermarket Group has linked wages and profits, which also makes them pay more attention to the profitability of the group. No matter how the Li Group develops, it is still an enterprise in the final analysis. The ultimate goal is to make profits, and they, the senior executives,
The value of existence is to allow the company you manage to create greater profit value for the Li Group.
As the current head of the real estate department, Qin Jiao obviously does not want other groups to enter the real estate group. Now the four major real estate groups have their own development directions and are relatively peaceful.
If so many groups come in, let alone compete with the outside world, they will be beaten internally. Moreover, these groups have extended their hands into the real estate industry, and the four major groups will no longer have any advantage at all.
She said aloud: "Li Sheng, I personally don't recommend that we have too many real estate companies. Our four major groups are enough to meet the needs of the Li Group in the real estate industry. If the major groups have construction needs, they can leave them to us.
As a construction company of a large group, we will definitely be able to complete the construction according to quality and quantity."
Subsequently, Guo Qingya, Zhao Qianyin, and Lin Yanyun also expressed their opinions one after another. There is only one core meaning. The current real estate company of the Li Group is sufficient to meet the development of the Li Group real estate industry, and there is no need for more groups to enter this industry.
Come, if necessary, these major groups will be enough to complete the construction tasks.
As one of the representatives of Hope Group’s comprehensive development, Li Xuelan said after speaking in the Real Estate Department: “Many of our groups have passed the initial development stage, but now the industrial chains of major groups are still very single, and they are resistant to risks.
Our capabilities are extremely weak, and our competitors are actively diversifying. In order to continue to suppress our competitors, major groups should adapt to changes in current events and make some adjustments in development.
For example, Wal-Mart, as the biggest competitor and challenger of Hengyu Supermarket Group, is carrying out comprehensive development to reduce costs and compete with us. They are building their own shopping malls in the United States.
Carrefour is not far behind in this regard, and their one-stop shopping malls are also speeding up. It is necessary for Hengyu Supermarket Group to build its own one-stop shopping malls."
Du Yuemei also said: "I think it is necessary for the group to develop comprehensively. For example, our Jiulong Group is mainly engaged in infrastructure investment. The investment in this area is large and the cost recovery time is long. If we do not develop other businesses,
The group’s development is quite limited by financial resources.”
As the president of the Kowloon Group, Du Yuemei, whether it invests in subways or highways, the group has great advantages in real estate development. At least the Kowloon Group does not need to worry about transportation. Once the Kowloon Group enters the real estate industry, it has such advantages
With the side's profit support, she no longer has to worry about the group's development funds.
Although she is not too worried now, Li Guangyu's capital injection does not give her the peace of mind that her group will make a profit. The group has profits and sufficient financial resources, so it must be more confident to make some plans.
Just like Hengyu Supermarket Group, the reason why they can directly propose to build a one-stop shopping mall is that their group has money. Last year's profit exceeded 2.5 billion US dollars, and they are not worried about whether it will be built or not.
Now Li Xuelan obviously does not want to let outsiders build this one-stop shopping mall. They can develop it themselves, and they can also develop surrounding communities. With Hengyu Shopping Center nearby, I believe that the surrounding communities will not worry about sales.
In the final analysis, this is still a matter of interests. Developing it yourself not only saves costs, but also makes a fortune, and the group's profits can increase. If it is built by Wheelock Group or Starlight Real Estate Group, they can only watch these profits flow to
The senior management of Hengyu Supermarket Group is obviously not willing to go to these groups.
You must know that the cost difference between building a one-stop shopping mall by yourself and building it by other groups is very big. If Hengyu Supermarket Group develops it by itself, their one-stop shopping mall may not be put into use, and the group's cost will have been recovered.
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If Starlight Real Estate Group or Wheelock Group develop a shopping mall, they will need to spend a dozen dollars and it will take many years of operation to make back the capital. It is surprising that the executives of Hengyu Supermarket Group are satisfied.
Le Yiling did not participate in this topic. Their Xiangyu Culture Group has long been involved in real estate-related industries. Now Seoul, Tokyo, Osaka, Nagoya, Taipei, Kuala Lumpur, Singapore, and Bangkok are all building comic themes.
Paradise, Xiangyu Culture Group has a specialized design and management company.
This meeting was also the first meeting where there was a large-scale conflict of opinions among the top management of the Lee Foundation. The main reason for this situation was that the Lee Foundation laid the root of the problem at the beginning. The major groups under the Lee Foundation have very great autonomy.
, they are very little restricted by other groups and have more cooperative relationships with major groups.
When they were weak at the beginning, everyone united and formed a very good complementarity. Now all parties are powerful. Now, none of the more than 20 groups under the Li Group has assets lower than those of the four major British-owned foreign banks in Hong Kong in the 1970s.
When they are at the forefront of the same industry, they want to get involved in other industries. To use a typical saying, why should they give up the benefits they can get?