At Wheelock Building, Li Jianhui held a high-level meeting of Wheelock Group, with the focus being on discussing the Haojiang New City construction plan.
This time, whether it is the Haojiang Hotel project or the Haojiang Entertainment City project, Haojiang Tourism and Entertainment Company has handed over the construction to Wheelock Construction Company.
In addition, the Wheelock Plaza project also needs to be designed and constructed simultaneously. This is the first purely commercial complex built by Wheelock Group. How to plan and design, and how to operate it in the future, all need to come up with a plan.
In the conference room, Li Jianhui spoke up: "As for the hotel and entertainment city, our design department should listen more to the opinions of Haojiang Tourism and Entertainment Company and come up with a plan that satisfies the senior management of Haojiang Tourism and Entertainment Company.
As for our Wheelock Plaza, I wonder what your thoughts are on the specific plans?"
Su Hongtao, general manager of Wheelock Real Estate Company, immediately responded: "Li Sheng, after a week of discussions between our company's senior management and the staff of our design company, we have designed several preliminary plans.
In the first plan, we plan to build an inner square surrounded by buildings, and the buildings are all connected, with two floors underground and four floors above ground.
The second underground floor is used as a parking lot, and the first underground floor is used as a large supermarket, catering, food court, snack street, flower market, etc.
The first floor of the ground is filled with gold jewelry, cosmetics and beauty products, bank branches, etc.
The second floor is mainly for brand-name clothing and bags, with world-renowned brands introduced to the store.
The third floor is dominated by home appliances and electronic products, which are currently mainly products from Toshiba, Sony, Hitachi, Panasonic, HP, Whirlpool, Siemens, Thomson and other companies.
The fourth floor mainly sells cinemas, children's play areas, toys, and movie peripheral products.
The second plan is an inner and outer plaza, without building an underground parking lot. There is only a negative floor and four floors above ground. The general layout remains unchanged.
The third plan is based on one of the two plans. Our commercial complex can only be used as a group of buildings and build several buildings to integrate commercial, office buildings and even residential areas. This can save us a lot of land costs.
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The third option was immediately abandoned by Li Jianhui. If it were in Tseung Kwan O, he would choose the third option, but in Lisboa, there is no need at all.
He also gave up on the second plan. There was no need for an outer square, since his main customers were not those who visited the square.
Li Jianhui looked at everyone and asked, "What do you think about this? Tell us."
Zhu Limin, general manager of Lane Crawford, said: "Li Sheng, I personally think there are some problems with the commercial layout. The customer base in Haojiang New Town is completely different from that in major cities.
First of all, I don’t think it is necessary for home appliances, nor is it necessary for the general catering industry.
We need all kinds of luxury brands, jewelry, brand-name cosmetics, and top clothing brands from all over the world there, and they should be small and expensive so that they can be easily taken away by guests."
The deputy general manager of the real estate company retorted: "The customers of Haojiang New City do have their own specialties, but don't forget that there are still 300,000 citizens in Lisboa. Our Wheelock Plaza is not only targeting customers of Haojiang New City, but also
We also face hundreds of thousands of consumers.
Currently, Lisboa does not have a large-scale commercial complex, but after we operate Wheelock Plaza, we will definitely be able to attract Lisboa citizens to come and spend money.”
The differences among the senior executives are very obvious. One side hopes to take the professional service route for high-end customers.
On the one hand, they want to take into account the general public and make shopping malls suitable for both high-end consumers and ordinary citizens.
After everyone expressed their opinions, Li Jianhui said: "The establishment of Wheelock Plaza is mainly for public consumption. Although our first project is built in Haojiang New Town, this original intention cannot be changed.
If it is just to serve guests coming to Haojiang Hotel, why do we need to build such a huge commercial complex? Personally, I still support the first option.
In addition, after we complete the construction of Wheelock Plaza, our shops will mainly be used for rental, not for our own operation.
In this regard, even if Lane Crawford moves in, a lease contract must be signed, and Wheelock Properties will establish a dedicated Wheelock Plaza operations department.
There must also be a rule for merchants to settle in, not just bring in everything, you have to make a detailed plan in this regard and try to establish a long-term cooperative relationship."
In order to facilitate the management of Wheelock Real Estate Company, Li Jianhui directly upgraded Wheelock Real Estate Company to Wheelock Real Estate Group, which includes Wheelock Design Company, Wheelock Development Company, Wheelock Construction Company, and Wheelock Company.
Property company, and the Wheelock Plaza operating company to be established.
After he obtains absolute control of Wheelock Group in the future, he will spin off Wheelock Real Estate Group and list it on the market, just like Jardine Matheson.
In the future, Wheelock Group's main business will be the shipping industry, and Lane Crawford will be spun off as an industry that he focuses on.
Li Jianhui made a decision, and the senior management present could only follow Li Jianhui's instructions. As for the future, we will only know after Wheelock Plaza opens for business.
This time, for this project, Li Jianhui directly chose to raise HK$1 billion. As the largest shareholder, he invested HK$4.99 to ensure that his 49.9% shareholding would not be diluted.
To this end, Li Jianhui specifically ordered Clay Johnson, executive vice president of the Group, to communicate with the Hong Kong Stock Exchange to determine the time for Wheelock Group to raise funds to issue additional shares.
Listed companies are more troublesome in this regard. Li Jianhui cannot directly inject funds into them and must go through some procedures.
Moreover, he cannot allow his own shares to reach or even exceed 50% now, otherwise according to relevant regulations in Hong Kong, he will have to acquire the shares from other shareholders at the highest price in the stock market within half a year.
Although Li Jianhui picked up money on London gold, he was not to the point where he did not regard the money as money, and he would not help Qiu Deba out of his trap.
This time when he raised funds, Qiu Deba would either have to watch his shares decrease, or else he would have to contribute proportionately.
As for Tseung Kwan O, Li Jianhui is not in a hurry. He wants to build a large-scale complex integrating commercial, office and residential buildings, which will cost more. He plans to build it after London Gold is completed.
Moreover, housing prices in Xiangjiang were also at a relatively high level at that time, and he expected that sales would also bring greater benefits to the group.
Just after returning to the office, Chen Yulian came in and said: "Jianhui, Huang Guangxing has returned from Shekou for inspection and is currently in the rest area. Should we invite him in immediately?"
In the past few days, Huo Yingdong, Bao Yugang, Cao Guangbiao, Lin Boxin and others, accompanied by Wu Junshuang, visited Shekou for inspection.
Li Jianhui also accepted the invitation, but he had a lot of things to do recently, and it was only a small project worth 10 million Hong Kong dollars, so he arranged for Huang Guangxing, vice president of Huihong Games Company, to come over.
This time, we mainly conducted an on-site inspection to see where it would be suitable for Huihong Game Company to establish a production plant. Huang Guangxing was able to make the final decision in this regard.