The next morning, after the board meeting, Chen Huiya, general manager of the group's administration department, held a press conference to explain the transfer of the Tin Shui Wai project.
The share price of Wheelock Group, which was still falling, immediately rebounded. The market still has confidence in Wheelock Group, which is not burdened with the Tin Shui Wai project.
I don’t know that the original intention of Morris and others was to seize Li Jianhui’s funds with the Tin Shui Wai project. The Wheelock Group transferred the project to the Xinjian Group. The Land Planning Department did not make any obstruction, and even signed an agreement with the Xinjian Group.
Supplementary Agreement.
The major structure of Xinjian Real Estate Company was established in just one day under Li Jianhui's personal responsibility. Wheelock's senior executives were unwilling to come to work here, but there were people from Hutchison Whampoa who bravely stood up and took on this responsibility.
heavy responsibility.
Pan Desheng, deputy general manager of Hutchison Real Estate Company, graduated from Xiangjiang University and joined Hutchison Professional Company for 13 years. He gradually rose to the position of vice president of the real estate company based on his own ability.
If it weren't for the fact that Hutchison Whampoa was once a British-owned consortium, and Hutchison Real Estate is a very important company in the group, the general manager has always been a British general manager. With his ability, he is fully capable of taking charge of Hutchison Real Estate.
Li Jianhui acquired Hutchison Whampoa not long ago. In addition to changing the two heads of the finance department and the administration department, the company's management has not changed for the time being for the sake of Hutchison Whampoa's internal stability.
This time when he asked if anyone would work for the Xinjian Group to be responsible for the Tin Shui Wai project, Poon Desheng felt that this was an opportunity for him, so he volunteered to work for the Xinjian Group.
Regarding Pan Desheng, Li Jianhui had already known about his experience in Hutchison Real Estate. Li Jianhui's original plan was to make him the chairman and president of Hutchison Real Estate Group after splitting some subsidiaries of Hutchison Whampoa in the future.
It’s just that the plan can’t keep up with the changes. Xinjian Real Estate must be established as soon as possible. Machinery and equipment will come into the market this month. It’s impossible without a top-notch person in charge.
Since Pan Desheng volunteered to join Xinjian Group, Li Jianhui would not refuse.
At the high-level meeting of Xinjian Group, Li Jianhui announced the formal establishment of Xinjian Real Estate Company. Pan Desheng served as the general manager of Xinjian Real Estate Company and also served as the vice president of Xinjian Group.
After the news came out, many senior executives of Wheelock and Hutchison Whampoa secretly regretted it. If they had known that they could become the vice president of Xinjian Group, they would have recommended themselves long ago.
The first thing Pan Desheng did when he just took office was to be a guest in the Jiashi live broadcast room and announce recruitment on the TV station.
Now Xinjian Real Estate is still an empty shell except for the senior staff at the headquarters. He must pull out a group of available people, especially project management personnel and construction machinery operators. This month, Xinjian Real Estate must enter the field to level the site.
.
In terms of the design of the residential complex, Xin Jian Real Estate directly entrusted it to Hutchison Whampoa Architectural Design Company. Xin Jian Real Estate did not expect to design the first phase of the Tin Shui Wai project by itself.
Since the focus of the Xin Jian Department has moved to Tin Shui Wai, except for the fact that Cheung Kong and Swire held a joint press conference to announce the establishment of a new joint venture company to jointly develop properties at Kwai Chung MTR station, the business community in Xiangjiang seemed to have calmed down, and the stock market
There is no more turmoil up there.
Even Xiangjiang Aircraft Engineering Company, which has attracted much attention recently, has not fluctuated much. Xinjian Investment Company has not issued a report on increasing its holdings for several days.
York Swire and others were finally relieved. Li Jianhui's momentum was too strong before. He won Wheelock in January and Hutchison Whampoa in February. They were really worried that they wouldn't be able to retain a few. All four major foreign banks were captured by Li Jianhui.
After this bottom-out, they finally understood that Li Jianhui's funds were not unlimited, and it would be much easier for them to target the Xin Jian Department in the future.
According to their estimates, the real large-scale development of Tian Shui Wai will not be until at least ten years later. In the next few years, Li Jianhui will be able to secure at least HK$5 billion in funds.
This will become the fatal weakness of the Xinjian system. Once a certain company's funds are broken, the entire Xinjian system will collapse.
For this plan, Sivaiya contacted Nubigian, Shen Bi, the Administration Department, the Administrative Bureau and many other high-level officials, and also contacted Li Chaoren, in order to get Li Jianhui to trap him in Tianshui Wai.
There is a lot of information and analysis about Li Jianhui in Shihuaiya, and we are also quite familiar with some of Li Jianhui's characters.
Before this plan, they were sure that Li Jianhui would not give up the nearly 500 hectares of land in Tin Shui Wai unless it was absolutely necessary.
They specially asked their elites to carry out a two-year housing construction plan for 100,000 people, which was just within the scope of the Xinjian Department.
If Li Jianhui gives up, then this land will no longer be available to Li Jianhui. If he wants to buy this land in the future, the price will be dozens of times higher.
Now, as they expected, after Li Jianhui took over the Tin Shui Wai project, he no longer had the funds to cause trouble. They no longer had to worry about Li Jianhui buying this thing today and buying that tomorrow.
Li Jianhui doesn't have the capital to settle these accounts at this time, but he has already written them down. When he has sufficient funds, he will recover the situation one by one.
On the morning of March 14, Li Jianhui and others set off from Wheelock Building at 8:30 and arrived at Tin Shui Wai at nearly 11 o'clock. This was because they were in private cars. If they took the bus, it would take longer.
Except for Li Jianhui who was in a relaxed mood, Chen Yulian, Li Zaiwei, Pan Desheng and others who accompanied him had serious faces.
With such a distance, it is difficult to attract office workers working in the city to settle down, and the sales of residential properties developed by Xinjian Real Estate will probably be very bleak.
"Why, do you feel depressed now?"
Li Zaiwei responded with some sadness: "Li Sheng, given the current situation, it would be impossible for me to come here to buy a house.
Even if the Hong Kong government starts planning the subway from Tsuen Wan to Tin Shui Wai now and building an urban highway across Tai Lam Shan, it will take several years to get the same train, and the real estate here will have no investment value in a short period of time."
Chen Yulian also said that it is better to develop Tiu Keng Leng than to develop here. At least the subway there has started construction and will be opened to traffic in three years. In addition, there is an industrial park and Hong Kong Polytechnic University there, which is suitable for urban office workers to settle down. Those homeowners invest.
"I am aware of these issues. Regarding transportation, I have contacted Lui Kak-kun. Kowloon Bus will increase the number of routes from the city to Tin Shui Wai.
As for transportation, after this year, I will apply to the government next year to build the Tai Lam Shan first-class highway tunnel at our own expense. Once the tunnel is opened to traffic, it will save about an hour.
By then, if it's only from Kowloon, it can be reached in about an hour, and the distance will no longer be an obstacle to our development."
The few people who accompanied him could only sigh that they are too rich to be willful. It is impossible to build such a tunnel without spending billions of Hong Kong dollars.