In the blink of an eye, it has arrived in 1988. On January 3, the Lee Group held a management meeting for all levels above 12. In addition to the year-end summary, the most important thing was that some of its companies became independent, which involved a lot of things.
There were personnel changes, so this meeting was held.
There are too many groups and independent companies under the Li family, so there are also a lot of people attending this time. There are more than 500 senior executives above level 12, which is very large.
You must know that these more than 500 people are not small managers. Most of them will be warmly received by local governments when they go to various places, especially in developing countries. You must know that they are either group directors or department general managers, or
He is the vice president or even president of the group.
Each of Li Guangyu's companies and groups has high capital. Not to mention a large number of groups with capital exceeding 10 billion Hong Kong dollars, there are also many independent companies with assets in the billions or even tens of billions of Hong Kong dollars.
At the year-end summary meeting of the consortium, the financial directors of each major group and independent company made a brief report on the financial performance of their company or group for the previous year.
Among them, the fourth quarter still affected the performance of some companies, such as Bentley Group, China Electric Group, and Feiyu and Xiangjiang Air Transport Group.
The number one profit maker is still Hengyu Supermarket Group. Last year, Hengyu Supermarket Group's turnover exceeded the 20 billion U.S. dollar mark, eventually reaching 23.2 billion U.S. dollars. It is very likely to surpass Kmart in the United States and leap to the top of global retail.
Second place.
As for Sears, which ranks first, Hengyu Supermarket Group should not count on it in the short term. Its sales in the first three quarters exceeded US$35 billion.
Walmart's sales last year were also very strong, with sales expected to be around US$14 billion to US$15 billion.
Excluding the turnover of 7-11 and Xuelan Supermarket Company, Hengyu Supermarket Group now only has 15.3 billion US dollars, which is similar to Wal-Mart's turnover and far lower than Kmart. In the 1988 ranking, Hengyu Supermarket
The group will rank third in the global retail sector.
However, Hengyu Supermarket Group's profits are unmatched by Wal-Mart and Kmart. You must know that except for the mainland market, Hengyu Supermarket Group's stores in other regions are all independent, and they have reduced the rent a lot.
Last year, Hengyu Supermarket Group's net profit reached more than 3.2 billion U.S. dollars, ranking first among Li's major groups.
Of course, this does not include Tianyu Financial Group. During the year-end summary every year, Tianyu Financial Group does not make financial reports. In terms of finance, Zhou Xiaoning reports directly to Li Guangyu.
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After each group's financial report on their own group's situation, Li Guangyu said: "The current world economic situation is still relatively weak, especially the North American and Western European markets, and some industries are also in a cold winter. Some of our groups must do a good job in this aspect.
On the one hand, we must pay attention to the development of new markets, and on the other hand, we must control our own production scale so as not to cause a backlog of too many products.”
Li Guangyu then asked Gan Qin to make an announcement about some of the people in the split group. This was also the issue that the top executives attending this time were most concerned about.
Gan Qin spoke up and said: "7-11 convenience store separated from the jurisdiction of Hengyu Supermarket Group and established the 7-11 convenience store chain group, with Liu Haichuan as the group president, Su Jianhui as the group executive vice president, Cheng Xingcheng, Yu Guangyao, Zhao Huahao, Sun Jiayi
Serve as group vice president."
Liu Haichuan felt like he was lucky. If it hadn't been for the strike at the 7-11 headquarters and some convenience stores in the United States last year, and he was transferred to 7-11 as the general manager of the company, he would not have become the president of this group now.
The happiest person here is Su Jianhui. He didn't expect that he would be able to become the executive vice president of 7-11 Group. You must know that he was just an ordinary 12-level manager before, not even a director of the group, let alone a group vice president.
Now he can be promoted to the executive vice president of the group in one fell swoop. This is a few consecutive jumps.
When Li Xuelan talked to him yesterday, Su Jianhui was quite shocked when he listened to Li Xuelan asking whether he was willing to go to 7-11 to serve as the group's executive vice president. He had always thought that he would stay in Austria for a few years before finally
He will be transferred back to the headquarters of Hengyu Supermarket Group as the vice president, and this time it is completely beyond his expectation.
The promotions were communicated with members of the executive team before this time, so they were relatively calm. Today's meeting was just about announcing the results to the senior management.
Gan Qin ignored the following thoughts and continued to announce: "Xuelan Supermarket will immediately separate from the jurisdiction of Hengyu Supermarket Group and establish Hengyu Supermarket Group. Miss Liu Weifang will serve as the president of the group, and Chen Juncai will serve as the executive vice president of the group. Li Jianshi,
Ding Yunkai, Zhang Weiqi, and Li Caixuan serve as vice presidents of the group."
Later, Gan Qin also announced the appointments of China Shipping Group, among which Su Weisheng, vice president of Wheelock Group and general manager of the shipping company, will serve as group president.
Jiayi Cinema Line Company became an independent company, and its name was still named after Jiayi. It was Jiayi Cinema Company. Chen Jianming served as the chairman of the company's board of directors and the president of the company. The company was an independent company. Chen Jianming was the twelfth level, and several deputy directors
There are eleven levels for the president, ten levels for board directors, and nine levels for department managers.
Phoenix Software Company became an independent company and was renamed Zhuque Software Company. The rank was at the group level. Li Guangyu's cousin He Qian served as the chairman of the company's board of directors and the company's chief executive officer.
The reason why this company changed its name is to prepare for becoming a group in the future. When the two names start with Phoenix, it is easy to cause some confusion. After the name change, it will be clearer which company is which.
The lithography machine company of Oriental Semiconductor Group has also become an independent company, named Xinguang Technology Company, with He Xuliang as the president of the company, just like Jiayi Cinema Company. It is also an independent company level, and the president is a twelfth-level management.
After Gan Qin announced his appointment, Li Guangyu said: "The group involved in the split this time must make reasonable arrangements. During the split process, try not to affect the development of the group. At the same time, in the future
During development, we must also communicate with each other and cooperate together to promote the common development of both parties.”
Some companies become independent in order to give them greater autonomy and enable them to develop better. Li Guangyu does not want these groups to become strangers to the original groups after they become independent. That is not what he wants.
After Li Guangyu finished speaking, Zhou Xiaoning made financial requirements for each major group. This year's development plans for each major group have been approved. The amount of funds each major group should retain for its own use has been stipulated. This summary meeting is over.
After that, after the major financial directors return to the group or company, they need to transfer the excess funds to the designated account.
At the same time, Chen Dong said at the meeting: "The heads of the review departments of each major group should do a good job in the annual review of their respective groups. Our headquarters will conduct random reviews of some groups and companies in the next month. I don't want some groups to conduct random reviews in our
During the review, if any problems are found, each review department must fulfill its responsibilities."
Nowadays, the inside of the Li Group is extremely complex. Although the Inspection Department is responsible for corruption within the group and incidents that damage the interests of the group, the Secrecy Department will also pay attention to this matter. Once they have problems with the Inspection Department, they will not investigate or even cover up.
When the Secrecy Department learns of the news, it will be immediately passed on to Li Guangyu, which is very detrimental to their censorship department.
Since the three-month review last year, the internal atmosphere of the Li Group has improved a lot. This year, the review department has also investigated many managers who harmed the interests of the group, reducing a lot of losses for the group. Chen Dong hopes that all groups and
The company's review department can continue to maintain this working state and resolutely prevent some moths from parasitizing on the Li's consortium and harming the interests of the Li's consortium.