Chapter seven hundred and twenty eight win-win cooperation
At 7:45 in the evening, Li Guangyu and others arrived at the Shangri-La Hotel in Kuala Lumpur.
After Li Guangyu, Zheng Yutong and others greeted Kuok Henian, Lin Wutong, Chen Kaixi, Li Shenjing and others one by one, they settled in the corresponding positions.
As the convener of today's banquet, Robert Kuok said: "Thank you all for coming today. The Chinese people all over the world are one family. Today's party aims to strengthen the communication between our Malaysian Chinese and the major families in Hong Kong and promote cooperation and exchanges. I personally
I look forward to being in Hong Kong for the rest of my life, and I also hope that our families in the two places can develop and cooperate together in markets in various places regardless of each other."
Li Guangyu responded: "Thank you Uncle Guo for the invitation, and thank you all for the welcome. Our ancestral homes are all in the mainland, and we all belong to the Chinese nation. This gives us a better foundation for communication and cooperation. The current world situation is developing
With the rapid changes, the era of globalization has arrived, and European and American companies are still in a dominant position in the economic field. If we want to compete with them, we need to unite, develop together, and face the competition from Western consortiums."
At present, except for the Li Family Group, both the families in Xiangjiang and the Chinese families in Southeast Asia are still relatively weak. Compared with these financial groups in the West, the gap is very wide. In the competition with them, there is not much advantage.
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Even the Lee Group can only stabilize the market in Asia, mainly in Hong Kong and Southeast Asia. The Japanese market cannot fully enter, such as automobile groups. Japan is dominated by their three major local automobile groups. Bentley Group is in
Japan doesn't have much market at all.
In the United States, Jaguar's share in the top automobile market has been decreasing in recent years. Li Guangyu currently does not have much choice. It is now one of the main areas where the Japanese consortium and the American consortium are fighting.
The fight is fierce, and Li Guangyu doesn't want to get involved now. He still wants to focus on the Asian market, especially the current Southeast Asian market.
These Chinese families in Malaysia do not want to compete directly with the Lee Group and the Heung Kong Group. The strength of these groups is far behind those of these two major groups. If they really compete with them, they will most likely be defeated miserably in the end.
Own.
Moreover, the mainland is currently undergoing reform and opening up, and there is a huge market there. These families hope to use Xiangjiang as a springboard to enter the mainland market. Building a good relationship with these two major consortiums will be very beneficial to their future entry into the mainland market.
of.
Lin Wutong of Genting Group said: "We are all descendants of the Yellow Emperor, and win-win cooperation is our best choice. The current economic development is constantly improving, economic globalization has arrived, and our future exhibitions will face more competition from Western consortiums and groups.
Many of their families and consortiums have accumulated hundreds of years of experience, and their strength is far beyond what we can match with only decades of development."
"In addition, some countries implement protectionism and hegemonism in their policies, which often makes it more difficult for us to compete with them. Only by uniting and cooperating with Chinese families from all over the country can our enterprises develop better and make our business better."
We can go further in the future.”
Afterwards, everyone present exchanged views on the current world economic situation, with the focus being on the mainland market, which is one of the industries that everyone attaches great importance to.
Moreover, many Chinese people here in Malaysia are from Fujian Province, and they also talked about the situation of Ludao Special Economic Zone.
Later, we also talked about the issue of Li Guangyu and his friends opening a commercial center this time. This time, Li Guangyu and his friends invested quite a lot here. Several major real estate groups jointly invested 2 billion Hong Kong dollars to build such a commercial, office and residential complex.
of complex.
In terms of labor costs, material costs and land costs, Kuala Lumpur is much lower than Hong Kong, Taipei and Tokyo. Investing HK$2 billion to build a complex is already a very huge real estate project investment for Kuala Lumpur.
Li Guangyu also knows very well that the arrival of their real estate group will definitely have an impact on the industries of some people here. After all, there are many people engaged in the real estate industry here.
Li Guangyu said: "Please rest assured that the main markets of our Li's real estate group and those in Hong Kong are still in the Greater China and Japanese markets. We will not go too deep into Southeast Asia. We will only
We will build some landmark buildings in some important cities, which will not affect our development."
Li Guangyu and others have already discussed that in Southeast Asia, they will only build some commercial, office and residential complexes in important cities, and generally only one will be built. This will not cause too much conflict with local groups in these areas.
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The reason for this decision is that their main focus is still on Greater China and Japan. They do not have much financial resources to fully open the market here, and the profits here cannot be compared with that there.
And in the future, both the Li Group and the Xiangjiang Group will carry out diversified development. Real estate will be one of their important groups, but they will definitely not rely solely on real estate. They will invest in energy and service industries. Such industry risks are even greater.
Smaller and more stable.
Especially investment in citizens' daily needs, such as investment in electricity, gas, and domestic water. Of course, Li Guangyu and others will also invest in some ports and advanced infrastructure. Although the recovery time of these costs is long, in the later stage, they will be able to
Bringing them far more continuous profits and terrifying cash flow.
The Malaysian Chinese families present felt a lot more relieved after hearing Li Guangyu's statement. They were not worried about Li Guangyu's investment, as it would not occupy too much of the market.
They are worried that real estate groups such as Xiangjiang will come to Malaysia to invest and open markets. In that case, competition will be too great, which will seriously affect their own development.
Li Shenjing, chairman of ioi Group, said: "We also very much welcome your arrival. The Malaysian market is huge, and this aspect is far beyond what we Chinese real estate groups can occupy. Your joining has also strengthened our Chinese presence in this area."
The strength of the industry.”
Li Guangyu doesn't quite believe that they will really welcome these real estate groups here to enter the Malaysian market. The largest real estate groups here are all controlled by Malaysian Chinese families. They are the leaders in this area. If Li Guangyu and the others
If we fully develop real estate in Malaysia, we will definitely compete with them.
Cooperation alliances can only be formed when there are common interests. If Li Guangyu and the others only came to the Malaysian market to grab food, it would be strange that these families are willing to cooperate with them. Now the reason why Li Guangyu and the others get along well with the Chinese families in Malaysia is that
That is, they don't have much conflict of interest yet.
Li Guangyu said: "The world market is huge, and we don't need to compete fiercely in each other's local market. In the future, we will go out of Asia and compete with European and American groups in Eastern Europe, South America, Africa and other places. When we are strong enough,
We can even compete with them in North America and Western Europe. In these areas, only if we unite together can we have the strength to challenge European and American consortiums."