Li Jianhui did not pay attention to the situation in the stock market. On Monday night, the Donghua Association held its first plenary meeting in 1982.
Today, the membership of Tung Wah Association has been expanded again. By voting, Lin Yishou, chairman of Baodao Huaxing Enterprise, Wang Guilin, chairman of Malay Xinfa Real Estate Group, Zhang Lunzhi, chairman of the board of directors of Xiangjiang Yuen Long Plastic Company, and chairman of the board of directors of Xiangjiang Desheng Group
Pan Desheng, Baodao Ting Hsin Group Chairman Wei Yingzhou, and Xiangjiang Shixin Building Materials Company Chairman Liu Yongbin officially became members of the Tung Wah Association.
This year is an extremely special year. Li Jianhui is not sure whether Argentina dares to compete with England for the Falkland Islands because of his butterfly effect. He is also not sure whether the Iron Lady will go to the capital this year.
Regarding the Tung Wah Association’s development strategy this year, Li Jianhui said: “Our current focus is still on the Baodao and Southeast Asian markets. If we have spare capacity, we can try to enter the British, Australian, and Canadian markets.
As for the direction of development, in addition to our strengths in real estate, finance, retail, and media, we can also enter the semiconductor and computer hardware and software industries, as well as grain, oil, and energy."
Then Li Guobao, Gu Zhenfu, Lei Juekun, Lin Tingsheng and others made speeches on the development direction in the future.
At present, everyone is mainly focusing on strengthening their main business. As for expanding into other industries, the willingness in this regard is not too strong.
Li Jianhui did not force anything on this. After all, these people present were not puppets in his hands, and real estate and finance have indeed been very profitable in the past few decades. On the contrary, the manufacturing side has not been very profitable.
For example, on Li Jianyang's side, although Xinyang Clothing has good sales volume because it relies on Xinjian's channels, it is not as profitable as Li Chunmei, who is engaged in financial investment.
After discussing the internal affairs of the Tung Wah Association, Lin Tingsheng said: "I came to Xiangjiang today, and was entrusted by Dean Sun to invite everyone to Taipei as a guest. At the same time, I will communicate with you about some projects to see if you are interested."
In the Tung Wah Association, there are many people with special status. They are not just businessmen. For example, Li Jianhui is now an unofficial member of the two bureaus. Gu Zhenfu and Lin Tingsheng also have special status in Baodao. Both of them are
He is a member of the Standing Committee of the Blue Party.
Therefore, many times, Baodao communicates with Donghua Association, especially Li Jianhui, Li Guobao and others, through the two of them, especially on investment.
On the Baodao side, especially Sun Yunxuan, it is obvious that he has focused on development and is even very anxious. For example, the Taipei MRT Line 1 will not be completed until June 1984, and now Line 2 has been launched.
At the same time, the Central Second Expressway, which runs through the north and south, connects many important cities in Baodao.
At the same time, many industries were opened to Li Jianhui and others, including electricity, city tap water, and gas.
Due to the current rapid development of Hsinchu and Taoyuan, some infrastructures can no longer meet their needs. The Baodao government is somewhat short of finances. In addition, some industries previously led by the government are being developed for the public, and they also hope to make good friends with the Tung Wah Association. Therefore,
Only then did these projects come into being.
In addition to these, Sun Yunxuan also asked Lin Tingsheng to invite Phoenix, Huahong, Huaxin, East Asia Technology, Guanghua Technology, Xinhui Technology, etc. to Hsinchu Science and Technology Park on his behalf.
"Both the Taipei MRT and the Second Expressway have been temporarily postponed. These two projects require large investments and long return cycles, so they are not suitable for our investment for the time being.
As for electricity, tap water and gas in Hsinchu and Taoyuan, I will arrange for senior executives of Xiangjiang Energy Group to go to the two places to communicate with the local governments.
As for our major technology companies, their current development focus is still in Xiangjiang, and there are currently no projects to invest in Treasure Island.
However, our major banks will increase their support for Hsinchu technology companies. In addition, Blue Maple Technology, Rose Technology, etc. will also increase cooperation with companies in the Hsinchu Science and Technology Park, such as the cooperation between Blue Maple Technology and Shinco Group on chips, Rose Group
Cooperation with Hon Hai Technology Group in computer production."
Lin Tingsheng was just passing the message on behalf of Sun Yunxuan. It was not surprising that Li Jianhui had no plans to invest in Taipei MRT Line 2 or the Central No. 2 Expressway for the time being, and that he had no plans to allow several major technology companies in Hong Kong to develop in the Hsinchu Science and Technology Park.
He is clear about the strategy of Xinjian Department. Xiangjiang is following the path of integrating R&D and production. In the future, the R&D base will be in Xiangjiang, and production will mainly be on the mainland.
The British side focuses on research and development, and production is mainly done by companies in the Hsinchu Science and Technology Park.
Of course, whether it is Xinke Group or Hon Hai Technology Group, Xin Jian is currently the major shareholder. Although Li Jianhui has not intervened in the affairs of these two major groups, Li Jianhui is the most profitable of the two companies.
Not to mention Xinke Group, it was jointly established by Xin Jian, Lan Feng, Bank of East Asia and the Ku family.
Although Hon Hai Technology has been established for many years, Blue Maple Holdings and Yuntao Holdings currently hold 25% and 20% of the shares respectively, and its founder Guo Taiming currently only owns 35% of the shares.
Wang Yongqing spoke up: "Jianhui, I also brought a mission when I came here this time. You also know that my industries include the oil and gas industry.
I don’t know how Dean Sun learned that you are planning to enter the petrochemical industry and the R&D and production of aviation fuel. I hope you can give priority to Baodao in this industry."
Li Jianhui was also speechless. Dean Sun wanted to invest in Baodao. Regarding the construction of this industry, to be honest, Li Jianhui really had not thought about where to build a production base.
At present, the Brunei Petroleum Company, which Heung Kong Energy Group cooperates with Brunei, owns several good fried dough sticks, and the equipment has been gradually put into use. If nothing unexpected happens, it will be put into production early next month.
In terms of distance, it is more suitable to build the petrochemical production base in Malaysia, which will also facilitate the development of the Malaysian and even Southeast Asian markets.
In addition, it can also avoid competition with Formosa Plastics to a certain extent. After all, Wang Yongqing has also entered the fuel industry.
"It seems that the president and Dean Sun are really anxious because of the external situation in Baodao. Now they are focused on developing the economy to reduce internal pressure. They have not only opened up many industries that had not been opened before, but also tried their best to attract external investment.
It’s just that our Donghua Association cannot only focus on the Baodao market. Many industrial layouts need to comply with our strategic layout. Forget about the main production base of the Xiangjiang Petrochemical Group that will be established in Baodao. I plan to put it in Malay and see if it can
You cannot wait for an opportunity to enter the mainland.
As for the Baodao market, we mainly focus on Tai Cement, Datong, Formosa Plastics, etc. Our major banks will provide support for your industrial expansion."
Several Malay members were very happy to hear Li Jianhui's plan. Now Malay has become the third largest investment destination of the Xinjian family after Xiangjiang and Baodao.
Moreover, the influence of the Tung Wah Society in Malay is also increasing day by day, which is of great benefit to the development of their industry.