During subsequent discussions, Li Guangyu and Chen Weihua reached a number of preliminary cooperation agreements, the focus of which was to speed up the opening of flights from Ludao to Taoyuan and the sea route from Ludao to Taichung.
In addition, Xiangjiang Air Transport Group and the Ludao Government reached a preliminary agreement to discuss taking a stake in Ludao Airlines.
At the same time, China Electric Group also reached a preliminary agreement with Ludao to establish a Thomson home appliance production base in Ludao to produce Thomson brand air conditioners, washing machines, refrigerators, and televisions.
China Shipping Group has reached a preliminary investment agreement with the Ludao government and plans to establish the group's cargo storage center at Ludao Port.
In addition, Tianyu Financial Group has also increased its loan quota in Ludao. This year, it will increase its loan amount by US$500 million to Ludao enterprises to promote the development of Ludao enterprises.
Chen Weihua is very happy with these preliminary agreements reached this time. As long as these agreements can be implemented, they will have a huge promotion effect on the economic development of Ludao.
Especially this time, the Thomson home appliance production base under the China Electric Group Co., Ltd. is located in Ludao, which can create employment for thousands of people on Ludao.
Moreover, after the official opening of navigation between Ludao Island and Baodao, it will inevitably drive the development of Ludao's transportation and service industries.
After the meeting with the senior management of the Li Group, Chen Weihua specially hosted a small meeting.
He said at the meeting: "The results achieved this morning are very gratifying, but we are not complacent yet. As long as these projects have not been implemented and put into production for a day, we cannot relax. Our relevant person in charge must
We must perform our duties conscientiously, strengthen communication with relevant companies, and encourage these companies to invest in construction as soon as possible.”
Long Anmin, deputy chief of the Ludao Municipal Government, said: "Mr. Chen, please rest assured that our municipal government will definitely strengthen the docking of projects so that these projects can be completed and put into production as soon as possible to drive the economic development of our Ludao."
…
Li Guangyu didn't know about the meeting on Ludao. After saying goodbye to Chen Weihua, he went to Xuelan Supermarket Group.
At present, the headquarters of Selangor Supermarket Group is also in Star Building. The Hengyu Building currently under construction in Sham Shui Po will not be completed until the end of 1990. At that time, Hengyu Supermarket Group, 7-11 Group, and Selangor Group will come to Hengyu Building.
Building office.
In the conference room of Xuelan Group, Li Guangyu, Li Xuelan, and senior executives of Xuelan Supermarket Group were all here.
In the past year, especially in the second half of the year, Shenandoah Supermarket has not only accelerated its presence in Canada, but also expanded its presence in the US market. In the past few days, it has opened New York stores one after another.
Los Angeles store, Atlanta store, Boston store, Washington store, San Jose store, San Francisco store, Houston store and Dallas store.
The current results are very good. Shenandoah Supermarket has more than 100,000 members in the United States. The membership fee in the United States is similar to that in Canada, both at 50 US dollars.
As Shenandoah Supermarket makes a big move into the U.S. market, Wal-Mart is naturally not to be outdone, and has also expanded the layout of its own Sam's Club stores. At the same time, relying on its own Wal-Mart Supermarket, it hopes to suppress the development of Shenandoah Supermarket.
Costco, another not-so-famous company in the United States, has also suddenly emerged and begun to expand into the American market on a large scale, especially in Washington state where it is located and important cities in many states in the western United States.
Liu Weifang, president of Xuelan Group, said: "Li Sheng, Ms. Li, Wal-Mart has strong financial resources because they have the support of the Chicago Consortium and the Cleveland Consortium. They are also the targets of our focus. Their response was within our expectations. It's just that
The sudden rise of Costco has shattered some of our plans, especially our deployment plans in the western states."
Li Guangyu knew very well that Costco suddenly had so much money to support its expansion, and the consortium must be behind it. Otherwise, how could Costco, with its little strength, come up with such a huge expansion plan.
Li Guangyu's market in the United States is mainly concentrated in the western region. The eastern region accounts for less than one-fifth of the western region, and the central region accounts for even less.
The second round of Shenandoah Supermarket's expansion in the United States this time is the western region. With Costco's current move, Shenandoah Supermarket must speed up its own pace, otherwise there will not be many opportunities by then, and Wal-Mart's suppression cannot
Don't take it seriously.
Li Guangyu asked: "Have you investigated the situation at Costco this time? Which force took action?"
"Li Sheng, our person in charge in the United States has understood the general situation. The main target this time is the California consortium. As the leader in the west, it seems that the California consortium is going to enter the retail industry this time, and Costco is
Their card is not only against us, but also against the Eastern consortium Wal-Mart."
Li Guangyu was not surprised at this answer. Costco is headquartered in Washington state, and California and California are both on the Pacific Ocean, with only one state in between. As the top consortium in the West, the California consortium has invested in companies in Washington state.
normal.
If you understand the top ten financial groups in the United States, you will know that most of them are in the east. Morgan, Rockefeller, First Citigroup, Boston, Cleveland, Mellon, and DuPont all belong to the east, the Chicago Group belongs to the Midwest, and the Texas Group belongs to the Southwest.
When divided into east, middle and west, the east occupies seven and the west only two. The gap between the east and west is not generally large.
In recent years, the California consortium has dared to unite with the Texas consortium to compete fiercely with the eastern consortium. This cannot but be said to be a commendable feat for the California consortium.
Li Guangyu said: "The other party does not want us to gain a foothold in the US market, but we cannot give them what they want. This time I will inject three billion US dollars into your group for your group's expansion in the US market. They are fast, and you
The speed must be faster, and at the same time contact Xinghong Sports Group and let them endorse our Xuelan Supermarket."
Li Guangyu now has a lot of cash in hand. He had 7 billion in hand at the beginning. Later, he injected 5 billion into other groups. He still has 2 billion US dollars in hand. This time, in addition to the development funds reserved by the major groups,
In addition, he handed over 16 billion U.S. dollars to him. Especially after Starlight Real Estate Group and Xingyue Real Estate Group began to sell off their properties, the capital flow was very huge.
Now he has enough funds to support the development of some industries, and this year, the two major real estate groups will continue to transfer funds to him. Now he has no worries about development funds.
Liu Weifang was very happy about this. You must know that when Hengyu Supermarket Group split up, Hengyu Supermarket Group's finance allocated 2 billion US dollars in development funds to them. This time Li Guangyu injected another 3 billion US dollars into the group. They really
Not afraid of competition from Sam's Club and Costco.
If it weren't for the Lee Group's habit of maintaining all stores independently, she would have been able to expand more rapidly. In the early stage, it was too expensive to spend money on land and storefronts.
However, this also has advantages. For example, Hengyu Supermarket Group has a similar turnover to Kmart, but its profit far exceeds that of Kmart.
As long as they continue like this, their subsequent operating costs will be much lower than other retail groups, and they will be able to keep prices even lower. Price wars in the retail industry have always been a trump card.