Li Guangyu has been traveling to various countries in Southeast Asia this month, and as time has passed, Li Xuelan has become completely busy. The first supplier conference jointly sponsored by Hengyu City Group and Watsons is about to be held.
During these two days, various product suppliers continued to arrive. Rich businessmen such as Kuok Henian from Malaysia, Li Chengwei, chairman of Nanyi Group, Lin Tingsheng, chairman of Baodao Datong Group, also went to Xiangjiang to attend the supplier conference in person.
This conference no longer chose to be held at the Peninsula Hotel. The Lee Group already has its own hotel group, so such an event within the group would naturally be held at the Regal Hotel in Central.
Starting from the 24th, the Regal Hotel in Central will be closed to the public and will mainly receive guests who come to attend the conference.
On the morning of the 24th, Li Xuemei came to Hengyu City Group in person and held a group high-level meeting to make arrangements for the supplier conference.
Li Xuemei said: "In the past two days, the main product suppliers of our city group will come to our city one after another. Our group's administrative department must do a good job in reception. At the same time, our hotel must make special arrangements, especially for safety issues during this period.
Our group security department will allocate some people to cooperate with the security department of Regal Hotel to ensure that this conference can be held safely and smoothly."
"Our group has made arrangements, and we have also communicated with Regal Hotel. We will pay more attention to security and food safety to ensure that there will be no accidents during this event."
Li Xuelan also attaches great importance to this event. This is not only an opportunity to strengthen the relationship between Hengyu City Group and suppliers, but also an opportunity for Hengyu City Group to let its suppliers show their strength. Li Xuelan hopes that suppliers can give Hengyu City Group more
Low exit price or wholesale price.
Li Xuelan will not be satisfied with this situation. In the future, she will reduce more middlemen and channel vendors. Hengyu City Group will directly contact manufacturers and production companies, which can further reduce the procurement costs of their Hengyu City Group.
Li Xuelan will even suggest to Li Guangyu in the future that his group build some independent products, expand the group's upstream and downstream industrial chain, and firmly control the price in his own hands.
After the meeting, Li Xuemei, Li Xuelan, and Liang Bohua, Vice President of Hengyu City Group, went to the Regal Hotel to give instructions on hotel affairs again.
After Nanyi Group Chairman Li Chengwei arrived in Xiangjiang on the morning of the 24th, he did not let Hengyu City Group be responsible for his travel. As a core member of the Singapore consortium, Guo Lingming naturally arranged for someone to receive him.
After arriving at Hong Leong Group's Xiangjiang headquarters, Li Chengwei and Guo Lingming, as well as Huang Zhixiang, the eldest son of its core member Ng Ting Fong, who is currently in charge of his family's Sino Land Group in Hong Kong, communicated about the current situation in Xiangjiang.
After listening to Guo Lingming and Huang Zhixiang's report on the situation here, Li Chengwei said: "Our consortium is currently mainly cooperating with the Li Consortium and the Xiangjiang Consortium. In the Xiangjiang market, projects that do not have much interest do not need to compete with their consortium.
, so as not to damage the current relationship between the two parties."
Huang Zhixiang responded: "Uncle Li, in the past two years, the Li Group and the Xiangjiang Group are working hard to develop the Japanese and Baodao markets, as well as the Southeast Asian market. There is not much conflict with us in Xiangjiang. In the past two years, their groups have basically not been in the market.
By acquiring land in Xiangjiang, we have avoided the whirlpool of the property market collapse in Xiangjiang, but we, Sino Land and Hong Leong Group, have suffered heavy losses."
Huang Zhixiang also regrets that at first he only wanted to expand the group's operations, so that after Li Guangyu and others stopped, their group was still acquiring a large amount of land from the Hong Kong government. Now after the property market collapsed, the value of the land they acquired has also
It was a big discount and I lost a lot of money there.
Huang Zhixiang knew very well that Li Guangyu and the others might have anticipated problems in the Hong Kong property market very early, so they reduced their investment in real estate and focused on other industries, which allowed them to easily avoid this disaster.
It's a pity that these property buyers are now unable to cash out. When Wheelock Group sold a large number of properties, Sino Land, which he managed, also took over a lot of properties. Now the value of these properties has almost dropped by half. Huang Zhixiang is very upset about this.
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Fortunately, they have the support of a consortium and several major banks behind them, so that they will not have to choose to sell off some of their businesses to save themselves like Heung Kong Hang Lung Group and Great Eagle Group.
Li Chengwei also understands the situation in Xiangjiang in the past year. The current property market is sluggish, and a large number of second-hand houses have appeared, causing the property market prices to continue to fall. It is impossible to cash out some businesses now. No big group is willing to jump in and take over the business at this time.
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He said: "Zhixiang, Lingming, don't be too anxious about this. The current situation is like this, and I can't blame you. Don't be in a hurry to sell the business. Our consortium can bear this loss. I believe
Hong Kong will get better in the future. Just look at the actions of the Lee Group this year. This is an investment of tens of billions of Hong Kong dollars, which is enough to show their confidence in the future development of Hong Kong."
Li Chengwei believes that with the strategic vision of Li Guangyu and others, if it were not for the good future of Xiangjiang Convention and Exhibition, how could they be willing to invest such a large amount of money?
It’s also something you can’t afford to lose.
The vision of Li Guangyu and others has also made countless citizens and enterprises confident in the future of Xiangjiang. Over the years, the Li Group has used their legendary development history to silence countless people who questioned their vision and development.
The Singaporean consortium has also carefully studied the situation in Xiangjiang. They believe that there is a mainland market to rely on, and the future development prospects are unlimited.
Now that they have bought the property and land this time, they have not thought about selling it at a loss. They are waiting for the day when Hong Kong's economy and property market recover, and they will only get more profits by then.
After listening to what Li Chengwei said, Guo Lingming and Huang Zhixiang were more relaxed. After all, it was their decision-making that caused the group's losses this time. If they were asked to sell these properties, their resumes would not look good.
As long as this crisis is overcome and Xiangjiang Development gets back on track, they believe that the market value of these properties will be higher in the future, and their capital raising this time will not be considered a failure.
When talking about the issue of Xiangjiang Electric Lighting, Li Chengwei said: "At present, they are still the main ones here. The Li Group and the Xiangjiang Group have more shares than us. Letting you serve as the chairman of this group concurrently is to avoid some influence. They already have
Hong Kong Airlines, Kowloon Bus Company, and China Gas Company are deeply involved in public service enterprises in Hong Kong. If you are here to show off, the pressure on them will be less."
Their Singaporean consortium does not have such capabilities in Singapore. These industries there are controlled by the government. Even airlines have to choose to acquire here and then enter Singapore as a foreign company. Only in this way can they have less
Some restrictions.
Cathay Pacific Airways is a Hong Kong enterprise, and it is a foreign company when it enters Singapore. In addition, it also has shares in the Hong Kong consortium, so they can establish an aviation base at the Singapore Airport and obtain some routes.