Li Guangyu did not attend the listing of Pengyu Group. Now he no longer needs to stand in the spotlight. After Pengyu Clothing Group passed the road show, the listing price was HK$2.8 per share, with a total of 10 billion shares.
Market value is HK$28 billion.
Its market value is close to 3.6 billion U.S. dollars, which is far behind Hongyu Clothing Group and Feiyu Group. In particular, the valuations of Feiyu Group, Goldman Sachs, Morgan, Merrill Lynch and other major institutions have exceeded 12 billion U.S. dollars.
When the listing bell rang on the stock market, Li Guangyu was in the office discussing the arrangements for his duties with several senior executives who had returned from Tokyo East Star Group.
After a few days, the Dongxing Group has been completely handed over to the Ito family, and the funds have been transferred to Li Guangyu's account.
Among them, the director of the human resources department has been assigned to the Xiangjiang Petrochemical Group by Li Guangyu, the financial director has been transferred to the China Electrical Appliances Chain Group by Li Guangyu, and the vice president Wang Wenshan has been transferred to the Starlight Real Estate Group as the vice president to assist Feng Xinqi in managing the affairs of the Xiangjiang headquarters and Lisboa.
Starlight City Construction Project.
Executive Vice President Ma Wensong went to Wheelock Group to serve as executive vice president of the group. As for Wheelock Executive Vice President Bai Jiangting, Li Guangyu planned to arrange for her to work in the new group.
Lin Yanyun heard that Li Guangyu directly assigned all the main personnel of Dongxing Group to several other major groups. He knew that Li Guangyu had no plans to establish a new real estate group, otherwise he would not have dispersed all these people.
She was also on tenterhooks. She didn't know what kind of group Li Guangyu would ask her to form. After all, she had been dealing with real estate for so many years. Compared with other things, she was actually more willing to continue leading the real estate group. This
The development pressure is far lower than that of other industries.
Li Guangyu said: "Ms. Lin, there are two options for you to choose from now. One is to serve as the president of the Daily Cosmetics Group. The group will be completely established and developed by you. The other is to go to Hongyu Clothing Group to serve as the president."
How could Li Guangyu not enter the cosmetics industry, especially now that Watsons has transformed its operations in this area? This is a huge platform. Li Guangyu knows how big the market for the cosmetics industry will be in the future.
Li Guangyu's target this time is cleaning companies. From daily cleaning supplies to high-end cosmetics, these are the objects that the new group will operate.
As for the tourism real estate project originally planned by Dongxing Real Estate Group, it will be undertaken by Starlight Real Estate Group, and the Li Group will no longer form a special real estate group.
Lin Yanyun did not expect that Li Guangyu would actually enter the cosmetics industry, but the Li Group has great advantages in this regard. It has the two major platforms of Hengyu Supermarket and Watsons, the technical support of Xiangjiang Medical University, and the publicity resources of Jiayi Group. She believes that this
The future prospects of the group are very good.
She has never considered taking over the position of president of Hongyu Clothing Group in the past. Li Guangyu gave her two choices. If she is afraid of challenges, her status with Li Guangyu will be greatly reduced by then, and she is afraid that there will be no possibility of progress in the future.
Lin Yanyun said: "Li Sheng, I am willing to serve as the president of the cosmetics group. I will do my best to develop this group to live up to your trust in me."
Li Guangyu also expected Lin Yanyun's choice. He then told Lin Yanyun the focus of the group's development, focusing on toiletries and cosmetics, focusing on the mainland market and other Asian markets.
Lin Yanyun was also asked to acquire some mainland brands in mainland China as the foundation for development. At the same time, she established research laboratories in Xiangjiang, Taipei, Beijing, and Seoul, relying on the resources of universities in various places to enhance the technical content and competitiveness of the group's products.
Li Guangyu knew very well that many of the later generations of domestic brands were owned by foreign companies. Rather than letting companies from other countries acquire them, it would be better for him to acquire some good brands.
Li Guangyu transferred Bai Jiangting over this time to serve as the executive vice president of the cosmetics group. Women are obviously more proficient in this aspect than men. The senior management configuration of this group is also somewhat different from other groups. Here are female senior executives
There may be more. In the future, this group will also develop comprehensively and involve maternal and infant products.
Li Guangyu said: "In addition to Bai Jiangting coming over as executive vice president, Anita Mui will come over as vice president of the group, temporarily responsible for the administrative department and product promotion department. The general manager of the administrative department will be led by Li Zhi, deputy general manager of the administrative department of Starlight Real Estate Group.
As for the remaining three vice presidents, you will recruit professional talents. I will inject one billion US dollars into the group for the development of your group, and your office will be located in the Wheelock Building."
Lin Yanyun could only listen to this. Li Guangyu wanted to build the group into a gathering place for beauties. Although she and Bai Jiangting were both over thirty, they had held high positions in the group over the years and had taken good care of themselves. Now,
Her appearance and temperament far surpass those of many celebrities.
In addition, the daughter Anita Mui, whom Xiangjiang calls Xiangjiang, has brought fame to the group, and Li Zhi, who has extremely good looks and figure, has come to work in the group. This group will definitely become the focus of public opinion in Xiangjiang.
Every time the group holds a press conference, whether it is Li Zhi, the general manager in charge of administrative affairs, or Anita Mui, the vice president in charge of this aspect, they can bring huge traffic to the group.
Lin Yanyun responded: "Li Sheng, I will complete the establishment and recruitment of the group as soon as possible, strive to officially operate the group next month, and strive to launch our group's first product in June. I just don't know how Li Sheng named this group.
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Li Guangyu had already prepared a name for this. The main market of this group is women, so the name is naturally more female-oriented. For this reason, he also specifically asked Cao Weiqing, Gan Qin, Du Yuemei, Peng Xiaoli, Li Xuelan and others.
"After discussion among several female executives on the executive team, we finally unanimously decided to name it after Jiadai. You are the first president of Jiadai Group and the chairman of the board of directors of this group."
As for the so-called chairman of the board of directors, these presidents of the Li Group don't care at all. Although there are several shareholders in the group, these so-called shareholders are all Li Guangyu. They are just a number of funds, and they are only for the outside world to see.
Except for the independent directors of listed groups who are external, the directors of other groups are all senior executives of the group. Generally speaking, the president serves as the chairman of the group's board of directors, and the executive vice president serves as the vice chairman of the board of directors.
The same is true for independent companies. The president or general manager of the company serves as the chairman of the company's board of directors, so they can deceive people who don't know the inside story.
These groups within the Li Group, especially those that are not listed, will not hold board of directors and board of directors meetings. They can directly hold company high-level meetings. Anyway, they are only responsible for Li Guangyu.
Previously, the only exception was Jiayi Group. As a listed company, Jiayi Group has two independent directors on the board of directors. They are not affiliated with Jiayi Group, so board meetings will be held when major issues arise.
Since the beginning of this year, the Li Group has ushered in the peak of listing. Xiangyu Culture Group, Bentley Group, Xiangjiang Communications Group, and today's Pengyu Group have been listed. There are many other groups planning to go public later. In the future, the position of chairman of the board of directors of these groups will still remain.