At 2:30 in the afternoon, in the first conference room on the second floor, the 83-year summary meeting of the Lee Foundation was officially held.
There were more than 500 people attending this meeting. Not only did the Li Group pay attention to it, but all walks of life in Hong Kong were also concerned about the meeting of the Li Group.
Zhou Xiaoning made a financial report at the meeting. In 1983, the Li Group's profits exceeded US$10 billion, with Tianyu Financial Group, Xingyu Gaming Group, and Hengyu Supermarket Group occupying the top three.
At the same time, Zhou Xiaoning made an estimate for the entire Li Group, except Tianyu Financial Group. After one and a half years of development, the current market value of the Li Group has exceeded US$55 billion.
The people present at the meeting were very excited when they listened to the data in Zhou Xiaoning's report. They usually know that the group makes money, and they also know that the major groups of the Li Group are developing rapidly. However, there has never been a standard data before, so the top executives only know
The Li Group is rich. There is no specific figure as to how rich it is or how much it is worth.
This time, a year and a half later, they heard accurate data again, and they were also shocked by the profitability of the major groups of the Li Group.
Of course, they know very well that the market value of the Li Group has doubled again in just one and a half years, mainly due to the stock market in September last year and the Hong Kong dollar exchange rate this year, which allowed the Li Group to rapidly accumulate wealth.
Li Guangyu said at the meeting: "The excellent results we achieved last year were the result of the joint efforts of our senior management and all employees. I hope we can achieve even better results in the new year."
At the same time, Li Guangyu explained at the meeting the issue of the decline in the Hong Kong dollar exchange rate, which has caused the salary of senior executives to shrink, and introduced the new salary proposal to everyone.
According to the new salary system of the Lee Group, ordinary employees will receive HKD 2,500 per month, first-level management will receive HKD 3,500, second-level management will receive HKD 4,500, third-level management will receive HKD 6,000, fourth-level management will receive HKD 8,000, and fifth-level management will receive HKD 10,000.
The annual salary for level six management is HKD 150,000, for level seven it is HKD 200,000, for level eight it is HKD 250,000, for level nine it is HKD 300,000, and for level ten it is HKD 500,000.
The annual salary for level 11 is HKD 700,000, level 12 is HKD 1 million, level 13 is HKD 1.5 million, level 14 is HKD 2 million, and level 15 is HKD 3 million.
This adjustment of the information of the Lee Group can offset the shrinkage in their salaries caused by the drop in the exchange rate. After all, some groups use Hong Kong dollars as wages, but when they are paid, they change it into the local currency according to the exchange rate. The drop in the exchange rate directly reduces their wages.
Of course, this refers to top management. In some areas, the local salary system is implemented for ordinary employees and middle and lower management. Only the top management will keep the same with this system. After all, labor costs are different in each region.
These managers were very happy that Li Guangyu increased their wages, especially those from other places. They all used local currencies. After the Hong Kong dollar exchange rate fell, their wages were much less than before after the conversion, and they still felt a little bit in their hearts.
Unhappy.
In the evening, Li Guangyu and Cao Weiqing specially hosted a banquet at the Regal Hotel Group for several people from the Fujiwara family who came to attend the meeting. Fujiwara Keiyin also attended the dinner.
At the dinner, Li Guangyu said: "Mr. Fujiwara, our cooperation has been very pleasant over the past few years. Xingyue Real Estate Group has continued to grow. Thank you very much for your support of our industry."
Fujiwara Tomoken also attaches great importance to the cooperation with the Lee Foundation. In the past few years, the continuous deepening of cooperation with the Lee Foundation has greatly improved the status of the Fujiwara family in Japanese society.
Especially at present, the Fujiwara family and the Ito family's own Sumitomo family are continuously deepening their cooperation through the Lee Foundation, allowing the Fujiwara family to gain a firm foothold among Japan's top families.
Fujiwara Tomoken said: "Mr. Li, our patriarch Fujiwara Yamaguchi asked me to say hello to you on his behalf. At the same time, I also welcome you and your wife to visit the Fujiwara family. We cherish the friendship between the two parties very much and hope to increase cooperation between the two families in all aspects."
, to promote the common development of both parties.”
In the past few years, the Li Group has developed quite smoothly in Japan. It is mainly because of the help of the Fujiwara family, the Ito family and the Sumitomo family that the Li Group's business in Japan can go smoothly.
Of course, part of the reason is that the major Japanese consortiums are currently focusing most of their energy on American consortiums and do not have time to take care of this aspect of affairs for the time being.
Li Guangyu also hopes to strengthen cooperation with these major families, so that in the future, the ability to resist risks will be stronger.
Li Guangyu said: "Mr. Fujiwara, our major groups under the Li family also hope to strengthen cooperation with your Fujiwara family. At the same time, we also welcome outstanding talents from the Fujiwara family to work in Xingyue Real Estate Group and other groups under my umbrella."
Fujiwara Tomoken would not arrange for family elites to work for the Lee Foundation. Fujiwara Keiyin was a girl and could not hold such a position in Japan. Male members of the family would not ignore the interests of the family and work for the Lee Foundation.
Now Fujiwara Keiyin is the president of the group under the Li Group. The Fujiwara family already has some influence in the Li Group. There is no point in arranging elites to come over. The Li Group will not let the second Fujiwara family member become the group president.
, at least when Fujiwara Keiin was in office, other family members had no chance.
Fujiwara Tomoken said with a smile: "Mr. Li, the Li Group is currently full of talents, and the development of major groups has achieved very good results. The so-called elites of our family are far from the top leaders of the Li Group. They still need
Let’s work hard in the family business for a few more years, and then consider going out to work hard in the future.”
Li Guangyu knew as soon as he heard that the Fujiwara family was unwilling to let their talents be used by him, and he did not force it. The elites of each major family were for the development of their own family, especially the male members.
Li Guangyu replied: "Mr. Fujiwara, you are so humble. Miss Fujiwara's ability is very outstanding. Regal Hotel Group has achieved outstanding results under her leadership. I believe that the elite generation of the Fujiwara family are all very outstanding talents."
, the revival of the Fujiwara family is just around the corner."
Fujiwara Tomohashi is very happy with the current development of his family. Although it is impossible to restore the Fujiwara family to its heyday, there is still a chance to make the Fujiwara family become Japan's top family.
He also had some regrets in his heart. If his family had been able to marry Li Guangyu before the Cao family, it would have been much easier for their family to become a top family.
Fujiwara Tomoyen is very happy with Fujiwara Huiyin's current achievements. In the Lee Group, it is very difficult for senior executives who are not from Hong Kong to serve as group president. Currently, there are only a few people, and the proportion is very low.
The only thing that worries the Fujiwara family right now is Fujiwara Keiin's marriage problem. Now she is about to turn 28 and she is still not married. This is already a serious problem for their family.
This time, in addition to attending the meeting of the Li Group, he was entrusted by his elder brother to communicate with Fujiwara Keiin about her marriage. After all, at this age, she has already reached the time to get married and have children.
Li Guangyu and the others did not finish the dinner until after ten o'clock in the evening. Li Guangyu, Cao Weiqing, and several members of the Fujiwara family said goodbye and left. As for these few people who were staying at the Regal Hotel, they could just go to a room to rest.