This adjustment of Jiayi Group is still very big. After Priscilla Chan and Vivian Chow leave, the record company will mainly promote Lin Yilian, Guan Shuyi, Liu Meijun, and Kuang Meiyun.
The film and television company will mainly promote Yuan Jieying, Li Meixian, Zhou Haimei, Li Lizhen, Luo Meiwei and others.
Li Guangyu didn't pay much attention to things there. During this period, his focus was on next year's layout.
In 1989, the world structure will undergo earth-shaking changes, and it will also be a head-to-head competition between Asian capital and American capital.
This time it is no longer just a showdown in the stock market, but also involves multiple industries such as retail, automobiles, semiconductors, electronic products, and the Internet industry.
Although the major markets are currently calm, they are secretly accumulating strength and making preparations, waiting for the arrival of spring. The spring of 1989 is bound to set off turbulent waves.
At the year-end summary meeting in 1988, all major groups and independent companies delivered good results. Donghua Trading Company suddenly emerged this time, and its profits directly entered the top ten of the Li Group.
Last year, the Li Group's top profit maker was still Hengyu Supermarket Group. Even if the group was split into three, there was still no group that could shake its top spot.
Last year, Hengyu Supermarket Group's turnover once again exceeded 20 billion US dollars, ranking third in the global retail industry with a turnover of 23.5 billion.
The first place is Sears, with a turnover of US$53.9 billion, the second is Kmart, with a turnover of US$28.6 billion, and the fourth is Wal-Mart, with a turnover of US$19.6 billion.
The fifth place is Carrefour, with a revenue of 16.5 billion US dollars.
The current king of the global retail industry is still Sears. Especially after Sears changed its helm in 1986, its turnover soared from US$22 billion in 1986 to US$53.9 billion in 1988, which more than doubled.
, according to the current growth trend, no one can threaten its dominance in a short time.
Hengyu Supermarket Group's net profit last year reached more than 3.5 billion US dollars. The stores independently reduced their operating costs, making Hengyu Supermarket Group's net profit much higher than Kmart.
Ranked second is Starlight Real Estate Group, whose net profit reached US$3.2 billion in 1988, which was also the most profitable year since the establishment of Starlight Real Estate Group.
Ranked third is Donghua Trading Company, which earned Li Guangyu US$2.65 billion last year.
Ranked fourth is Xingyue Real Estate Group, whose net profit last year reached US$2.3 billion, which was the profit shared by Li Guangyu's 67% stake.
When the Li Consortium calculates profits, they always calculate the net profit that Li Guangyu can share.
Ranked fifth is Oriental Semiconductor Group, with a net profit of US$1.8 billion.
Ranked sixth is Xingyu Gaming Group, whose net profit last year reached US$1.7 billion.
Ranked seventh is Xiangjiang Air Transport Group, which brought US$1.68 billion to the Lee Group.
The eighth place is Bentley Group, which brought Li Guangyu US$1.4 billion in revenue.
The ninth place is Feiyu Group, which brought Li Guangyu US$1.37 billion.
The tenth place is Xiangyu Culture Group, which brought Li Guangyu US$1.26 billion.
Li Guangyu's profit calculation does not include the additional expansion funds that Li Guangyu gave them. Whether it is the purchase of aircraft or stores, these will not be deducted from the profit. Otherwise, how could Xiangjiang Airlines have so much net profit every year.
As for Xingguang Real Estate and Xingyue Group, they did not beat Hengyu Supermarket Group. The main reason is that they calculate profits every year and only handed over funds to Li Guangyu last year. Therefore, they paid a lot of money, but their profits were not so high.
Listening to these profit reports, Li Guangyu felt very happy. After ten years of planting trees, they are finally bearing fruit. He can collect a large amount of funds here every year.
In addition to the development funds reserved by major groups this year, Li Guangyu was able to collect US$21 billion this time.
Including the US$30 billion in hand, he has US$51 billion, which is also the largest bargaining chip against the American consortium this year.
At the meeting, Li Guangyu said: "This year is a troubled year, and our Li's industry will also face huge challenges. Once we cross this threshold, we will jump over the dragon's gate and be able to travel as much as we want. If we can't cross it, I'm afraid
In the end, we can only stick to the market in the Greater China region, so this year everyone must be energetic and work hard to lead the development of the group."
The senior executives present are all aware of the current situation. The retail war in Canada has begun. The four major groups of Hengyu, 7-11, Shenandoah, and South China Electrical Appliances Chain have opened many stores in Canada at the same time, and are carrying out promotions and crowded stores.
Markets that beat Walmart, Sears, Kmart and Costco.
This time, in order to suppress the U.S. retail industry, the South China Electrical Appliance Chain Group cooperated with several Japanese electrical appliances and electronics groups to sell them in the Canadian market, and the prices were relatively low, in order to eliminate the U.S. electrical appliance retail industry.
Moreover, Ito-Yokado and Carrefour are also conducting promotions, and together with the Lee Consortium Retail Group, they are encircling American retail companies in the Canadian market.
The U.S. market is not calm either. Taking advantage of the fact that New Year's Day is also the Lunar New Year, several major retail groups of the Lee Group in the United States are also carrying out activities. The Bentley Group has also joined forces with several major Japanese automobile groups to launch a massive publicity campaign there.
Top artists from Xinghong Sports Group and Jiayi American Artists Company are also helping out.
Du Yuemei said at the meeting: "Our major executives must take responsibility, especially our North American managers. The main battlefield for market competition this year is in North America. Zhao Sheng must coordinate the development of the major groups so that all
Large groups can form synergy to enable our products to better capture the North American market.
The North American heads of each major group must obey the arrangements of the executive officers and conduct unified development planning to make the layout of our major industries more reasonable and more competitive."
This year, Li Guangyu and his colleagues are competing for the physical market in North America, focusing on the U.S. and Canadian markets. The stock market is in Japan, which will be the arena for Asian capital and U.S. capital.
As the person in charge of North America, Zhao Yu is now feeling tremendous pressure. This is the first time that the Lee Consortium has been the main force in a head-to-head competition with the American consortium. He has no certainty about the future outcome.
Zhao Yu is very clear about the strength of the American consortium. In the past, several major Japanese consortiums were in the front, and they only assisted from behind, so there was not much pressure on them.
This time is different. In the retail market, the Lee Group has to face opponents such as the Chicago Group, the California Group, and the Boston Group. None of these groups is weaker than the Li Group, and this time they are on the opponent's home court.
The difficulty is not that great.
Zhao Yu knows very well that once he fails in the North American market this time, he will not be easy, and he will definitely become a scapegoat. Taking the blame and resigning is his best choice.
The only thing that makes him feel lucky is that this time he chose to focus on the Canadian market, which is the Commonwealth. Compared with American retail, the major retail groups under the Lee Group will not be too disadvantaged, and their products are cost-effective in the United States.
Not even close.
Li Xuelan, as the director of the Li Group's Internal Trade Coordination Office, once again emphasized the cooperation between the major groups, requiring the major groups to strengthen communication and contact, and use several major retail groups as a platform to accelerate their own development.