The rumors in Xiangjiang cannot change Li Jianhui's inner plan. On the morning of the 2nd, London time, Li Jianhui and Chen Yulian attended the move-in ceremony of the Xinjian Building in London.
To put it bluntly, the London Xinjian Building started construction at about the same time as Kuala Lumpur and Bangkok, but it was put into use more than a year later, and the construction cost was much higher than the other two buildings.
From this we can see the speed of construction. England is fine as a R&D center, but manufacturing still needs to be placed in Greater China and ASEAN.
As for Wheelock Square in London, it’s hard to say. We’ll just have to see if it can be put into use for Christmas at the end of this year.
After a simple ceremony, Li Jianhui, Chen Yulian and some senior executives of Lanfeng Holding Group, as well as British government officials and core members of the Rose Consortium who came to congratulate, went to the conference room on the second floor of Xinjian Building.
"Thank you very much for coming and congratulating everyone. Due to time constraints, I will not be polite to you.
Regarding cooperation in the ASEAN market, I believe Mr. Gan has communicated with you many times. Our cooperation is completely mutually beneficial and win-win.
I will only talk about three points today. First, the British local market is limited. Second, as an emerging market, the ASEAN market is the best time for our industry to enter. Third, ASEAN has cheap labor, which is most suitable for labor-intensive industries and mid- to low-end industries.
The manufacturing industry establishes production bases.”
The British government and the Rose Consortium are also interested in cooperating with the Tung Wah Association to develop the ASEAN market, which is the main reason why they came today.
Especially the British government. You must know that three of the six ASEAN countries are Commonwealth countries. They hope to closely connect ASEAN with Britain, which includes not only the economy, but also politics, military and diplomacy.
The Minister of Finance said: "Mr. Li, we are happy to see the results of the cooperation between Tung Wah Association companies and our companies to develop the ASEAN market. Our government is also willing to provide assistance in this regard. Madam plans to visit the six ASEAN countries in March.
It's just that the large-scale transfer of our local mid- to low-end manufacturing industries to ASEAN is not feasible at present. You must know that after our development in the past few years, the domestic economy has finally come out of weakness, and currently it cannot withstand setbacks.
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Li Jianhui did not expect Britain to transfer a large amount of manufacturing to ASEAN at this time, and he also did not want Britain's influence in ASEAN to be too huge, which would not be of great benefit to the Donghua Association.
This time, the main purpose is to seek support from the British government, and to bring the Rose Consortium to the ASEAN market to prevent these guys from causing trouble to the Blue Maple Consortium in the British local market.
"My wife's visit to the six ASEAN countries in March is indeed good news. The ASEAN-Hong Kong Economic Cooperation Forum will be held in Sin Chew in March this year. I hope that my wife will be able to attend then, so that she can better understand ASEAN."
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As for the transfer of mid- to low-end manufacturing industries, since it will impact the stability of the British economy, I won’t mention it further.
It's just that the ASEAN market is booming, and many industries are not complete, such as the petrochemical industry, automobile industry, steel industry, etc., all of which are urgently needed by ASEAN.
Although my own industries are also getting involved, they are still far behind the world in terms of technology. I hope to reach cooperation with British companies in this regard.
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British companies will provide technology and our Donghua Association will provide funds to establish a relatively complete and world-class industrial chain in ASEAN."
Cavendish, Grosvenor, Bute and other core members of the Rose Consortium did not immediately respond to Li Jianhui's proposed cooperation.
They are very aware of Li Jianhui's ambitions. In recent years, Blue Maple Holdings has been seeking to acquire core technologies in high-speed rail companies, shipbuilding companies, petrochemical companies and other industries.
Because of their precautions and obstructions, Lanfeng Holdings has never been able to succeed, so that now the ship engines of Donghuahui's shipyards have to be imported from them, and some special steel parts for automobiles can only be imported from outside.
There are quite a few.
If we really use core technologies to build joint ventures with Donghua Hui in ASEAN, once Donghua Hui masters the technology, I'm afraid these joint ventures will become worthless.
"Mr. Li, your eagerness to develop ASEAN is surprising, but it is not that easy to build an industrial power, and it is even harder to build an industrial power.
I think the development of the ASEAN market should be gradual. At present, we only plan to enter the major ASEAN markets of communications, petrochemicals, finance, automobiles, and transportation.
In terms of petrochemicals, we are mainly involved in oil and gas development and processing, and we have deployed gas stations in the ASEAN market, competing fairly with Nanhua Petrochemical in this area.
In terms of automobiles, we plan to place the Luofu Automobile production base in Penang, and work with Jade Lion Group, Nanhua Automobile Company, and Penang Automobile Group to build Penang into the Detroit of ASEAN.
Our British Telecom Group plans to cooperate with ASEAN countries and compete fairly with Donghua Mobile Communications, owned by Mr. Li.
As for finance and transportation, the ASEAN market is so big, I believe it doesn’t matter if there is one more of us.
Our plan is roughly like this, I wonder what Mr. Li’s opinion is on this?”
Li Jianhui was quite speechless as he listened. The investment had indeed passed. Whether it was petrochemical or telecommunications, the investment would not be low to complete the layout, but it was just taking food from the Donghua Association.
To be honest, if he didn't have many choices, Li Jianhui would really not want to cooperate with Britain. West German capital is too conservative, and Japanese capital and Donghua Society are superficial friends.
For the sake of long-term planning, Li Jianhui did not object to Bout's plan even though he was unhappy inside.
After all, in the ASEAN market, whether it is communications or petrochemicals, Tung Wah Hui cannot monopolize it, otherwise it will become a thorn in the side of the government and the people. It is better for British companies to enter than American and Japanese companies.
However, Li Jianhui also made a request, that is, the production base of the joint venture between Blue Maple Holdings and the Rose Consortium will gradually be transferred to ASEAN. In addition, De Maple Bank will be merged into the Royal Bank of Scotland. The president of the bank will be Peng Peng, the former president of the ASEAN Development Bank.
Kezhi took office.
Although De Maple Bank is currently a listed company, its largest shareholder is still Blue Maple Holdings, but the bank has always been run by the heirs of the Cavendish family.
Now that Blue Maple Holdings has taken over the Royal Bank of Scotland, Li Jianhui naturally wants to strengthen the bank's strength.
At the same time, the relationship between the Tung Wah Association and the Rose Consortium is no longer as close as it once was, so Li Jianhui naturally wants to take back control of De Feng Bank.
Bout and others also had no objection to this, but they also said that it can only be a company controlled by Blue Maple Holding Group. It is up to them to decide whether the production base of their main company should be transferred, and they hope that Blue Maple Holdings Group will not interfere.
This negotiation was obviously not limited to the ASEAN market, Xiangjiang was also involved. The Rose Consortium requested that the Donghua Society should not interfere when the Far Eastern Society was targeting the New Asia Society and the Sun Hung Society.
Li Jianhui was happy to watch the show from the bank, and even didn't mind being pushed from behind if he had the opportunity.
New Asia Club is backed by First Citigroup. Many companies are joint ventures with companies under First Citigroup. One of the major shareholders of New Asia Club, New Asia Bank, is even First Citibank.
The situation is similar at Sun Hung Kai. Many companies have close relationships with the California Consortium. One of the major shareholders of Sun Hung Kai Bank is Merrill Lynch, one of the core industries of the California Consortium.
Li Jianhui, the enemy who was jointly targeted by the Donghua Society last time, has not forgotten that in the past year, the Donghua Society has only suppressed the Nanjiang Society and has not spared its efforts to suppress these two companies. The Rose Consortium will use the Far East Society to target these two companies.