At 5:30 in the afternoon, Li Guangyu and Gan Qin arrived at the first conference room on the second floor, where senior executives from the Li Group in Xiangjiang had already arrived.
This time the good news came. Although Tianyu Bank was the most profitable, they were not as excited as the senior executives of Wheelock Group.
After Li Guangyu acquired the Wheelock Group, the group's scale has continued to shrink, and it has long lost its former glory. Even though Li Guangyu injected HK$1.5 billion into their group last year, it still has not restored the prestige of the Wheelock Group.
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As the good news came, Guo Qingya, Bai Jiangting and others knew that this was a good time for them to enter the market. This time Wheelock Group would spend 12 billion Hong Kong dollars on office buildings and some businesses.
During the acquisition of real estate, we will also acquire a portion of high-end residential properties.
The real estate industry, which was once one of the pillars of Wheelock Group, is about to be resurrected. This time, Guo Qingya wants to let the outside world know that Wheelock Group will not be left alone under his leadership.
Even if it transforms from a comprehensive group into a relatively single group mainly engaged in real estate and shipping industries, it can make Wheelock Group's market value higher than before and its development better than before.
At the meeting, Li Guangyu said, "This time our major groups are quite lucky. Not only did we not suffer any losses during this round of crisis, but we also made a lot of profits. This laid the foundation for our major groups' future expansion."
Very good foundation.”
There are a lot of funds in the accounts of major groups, and at least one group has more than one billion Hong Kong dollars in funds, which is very beneficial to their next actions.
Li Xuemei said, "This time our major groups were able to survive the crisis safely. It was all because Li Sheng made arrangements for us in advance, so that we could find opportunities in this crisis and accumulate foundation for the group. Otherwise, this time
Our major groups will suffer heavy losses during the crisis, and Tianyu Bank will also face many difficulties."
The senior management of Li's consortium is very clear that the reason why the consortium can develop so fast is inseparable from Li Guangyu's direction. Although Li Guangyu is not very good at management, any of them is far more capable in this regard.
Stronger than Li Guangyu.
But when it comes to the contribution of the Li Group, they cannot compare with Li Guangyu. Most of the time, they are just executors. Such talents are easy to find, and there are plenty of talents in Xiangjiang who can take their place.
It is very difficult to find Li Guangyu's vision that can penetrate the future. It is because of Li Guangyu that the Li Group can achieve such brilliant achievements.
Li Guangyu said with a smile, "Xuemei, don't deny the credit of the group's management. It is because of everyone's concerted efforts that we can survive crisis after crisis. With the current scale and achievements, Li's Consortium is a consortium."
The result of the joint efforts of all senior leaders.”
Cao Weiqing knew in his heart that most of the credit for the current achievements of the Li Group was due to Li Guangyu. In the early stages of the development of major groups, Li Guangyu paved the way for them and pointed out the direction of development.
Large groups can develop rapidly.
Over the years, the expansion of major groups has never worried about funds. Li Guangyu has prepared these for them in advance, and they do not need to consider the group's liabilities. In addition to Xingyue Real Estate Group, the Li Group is a joint venture with the Fujiwara family. Li Guangyu
Apart from injecting capital into it, other groups have never needed loans.
Even if in some special times, some groups are used as collateral for loans, these loans do not require the major groups to be responsible. In the end, the headquarters will handle these loan issues.
However, as the matron of the Li family, the Li family's consortium belongs to her own family, so Cao Weiqing cannot give credit to Li Guangyu.
After Li Guangyu finished speaking, she said, "The current achievements of the Li Group are the result of the joint efforts of all employees and management of the Li Group. Senior executives like you have made a huge contribution to the development of the group, and we will never forget it."
.I also hope that everyone can work with Coslight to develop Li’s industries even more powerfully in the days to come.”
The people present at the meeting said in unison, "Li Sheng, Mrs. Li, please rest assured that we will work hard to manage the group's affairs and develop the group."
Li Guangyu then arranged the next actions of various major groups at the meeting, with the focus being on the Wheelock Group.
Li Guangyu said, "Qingya, after more than a year of investigation, I believe you already have information on some buildings, commercial properties, and high-end residences for sale in Xiangjiang. Now it's time for your group's acquisition negotiators to take action."
Guo Qingya said with a happy face, "Li Sheng, please rest assured that our group already has detailed information on major commercial properties and buildings in Xiangjiang. We have also collected a lot of high-end residential information, and we have difficult-to-understand the targets we want to acquire."
We have sorted the ease of operation and are waiting for your instructions. Starting tomorrow, our group’s acquisition team will go to negotiate with the owners of the businesses to be acquired.”
Nowadays, there are many property owners who are eager to sell their businesses. Many of them are because their capital chain is broken. They are trying every means to sell their properties and obtain working capital to prevent their groups and companies from bankruptcy and liquidation.
There are still many properties that are directly in the hands of some banks. She only needs to arrange acquisition personnel to negotiate with the banks for acquisition. This is the best time for Wheelock Group to start.
Guo Qingya predicts that the Xiangjiang property market may start to trade sideways at the current price in the short term. Only when more favorable news comes, the property market may rebound. However, Guo Qingya does not know how long this time will take.
Li Guangyu said, "Qinghong, Xiaoning, you need to deploy a group of people to specifically cooperate with Wheelock Group's acquisition negotiations. This time we are purchasing in cash. I believe these owners are very willing to transfer the properties to us."
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Guo Qingya stopped Li Guangyu's arrangement and was very happy. With the help of elites from the law firm and accounting firm, her group could make faster progress in this acquisition.
Li Guangyu then said to the major groups, "We do not own the stores we use in Xiangjiang. This time the major groups are responsible for the acquisition, especially Hengyu Supermarket Group, your supermarket stores in Xiangjiang and nearly a hundred other supermarkets."
7-11 convenience store stores are all rented. This time your group has acquired all these store properties and made all the stores operated by the supermarket group self-owned, so that you don’t have to worry about the pressure caused by rising rents in the future."
In the past two years, if Li Guangyu hadn't been suppressing it, Li Xuelan would have long ago wanted to acquire the stores used by the supermarket group in Xiangjiang. Hengyu Supermarket Group's expansion in various regions has been all store-owned, and leasing has never been considered.
Although such expansion puts great pressure on funds, with the support of the Li Group, Li Xuelan does not feel any pressure. Li Guangyu has successively injected more than 10 billion Hong Kong dollars into Hengyu Supermarket Group, giving them enough funds to deal with any
expansion.
During this crisis, Hengyu Supermarket Group and Wheelock Group also made huge profits. With more than 16 billion Hong Kong dollars, it was enough for them to continue to expand in Southeast Asia.
When it comes to market value, both Wal-Mart and Carrefour are now far inferior to Hengyu Supermarket Group, and operating its own stores is the foundation for Hengyu Supermarket Group to face the competition between the two major supermarket groups.
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