I Want To Be a Rich Man on Hong Kong Island

  Chapter 555 [New Hutchison Group! 】

  After Wu Guangyao entered the head of Hutchison International, he knew that Hutchison Group was different from the group company he had cultivated step by step;

  Most of the management of Hutchison Group are ghosts, and the business is extremely complex;

   Therefore, Wu Guangyao decisively promoted the business director Xia Boyin (British nationality), the political director Wei Peter (British nationality), and the chief executive Wei Li formed the three giants of the Hutchison Group.

  Wu Guangyao summoned the Big Three of Hutchison Group for a face-to-face instruction!

"First, what the Hutchison Group has to do is to lose weight, sell and dissolve some loss-making companies and departments; the three of you will compile a piece of information about all Hutchison Group companies as soon as possible. The more detailed the better; at that time, I will hold a meeting. The board of directors and high-level meetings discuss which companies should stay, which companies should be sold or dissolved, and which companies should be strengthened."

  "Secondly, calm the people of the company. Once anyone makes trouble, they must be dealt with or fired immediately; if there are too many troubles, I will immediately privatize the Hutchison Group."

  The three of them suddenly felt bitter when they heard it!

  I thought to myself, can you still play like this?

  If this person really privatizes the Hutchison Group, I am afraid that the entire management of the Hutchison Group will be expelled;

  For this big class, the fixed assets of Hutchison Group are probably what he values ​​most!

  Thinking of this, the three of them secretly decided not to let the company's management make a fuss!

  Wei Li took the lead and said: "Mr. Wu can rest assured that the three of us will never let the hearts and minds of the management of Hutchison Group float."

  Wu Guangyao nodded and waved to let the three of them go to work!

  To be honest, Wu Guangyao really wants to make a fuss with the foreigner management of Hutchison Group and give himself some color;

  Why don’t you want to find a reason to directly privatize Hutchison Holdings?

  Anyway, what I fancy is only those land, ports, and Watsons!

  Three weeks later, Hutchison Group held a board of directors and high-level meeting.

  Qi Dezun stepped out of the car and looked at the huge sign on the Hutchison Building, suddenly feeling bitter;

  For a long time, Qi Dezun retracted his gaze and muttered: "I hope they will show mercy!"

  Qidezun strode into the Hutchison Building, and some Hutchison staff greeted him one after another, making Qi Dezun feel better!

  However, thinking of the recent rumors on Hong Kong Island, Qi De Zun became bitter again;

  At this time, the Hutchison Group, I am afraid that no one will dare to compete with the new Taipan!

  Whoever wants to make trouble will be fired!

  Everyone is making trouble, directly privatize Hutchison Group!

  In this way, everyone naturally dare not make trouble!

  Clear up your mood, Qi Dezun walked into the familiar group meeting room!

  In the conference room, everyone greeted Qi Dezun one after another, even Wu Guangyao got up and took the initiative to greet him.

  After a greeting, everyone sat down.

Wu Guangyao first said: "You have already read the conference materials in advance. Today, let's decide the fate of these companies! For the companies I read, you can give reasons for staying; if no one proposes them, immediately decide to sell or Dissolve it; if the dispute is serious, you can vote by show of hands. Finally, I will use one vote today. I hope everyone will carefully consider the purpose of today's meeting!"

   Qi Dezun's face changed, and he thought that Wu Guangyao's last words were to warn himself not to disturb today's meeting!

  As for Wu Guangyao's so-called one-vote decision, Qi Dezun has never heard of it;

  But he knew that if the voting rights were followed, everyone would definitely support Wu Guangyao.

  The fate of more than two hundred companies has finally been decided after three days!

  In the end, Hutchison Group only left 128 companies, and the remaining 168 companies will all be listed for sale;

  The company that no one bought will be dissolved immediately!

  After determining the fate of all the companies in the group, the meeting did not end, but entered the focus.

Wu Guangyao said: "Reducing debt is also our most important thing. At present, our short-term debt is 720 million Hong Kong dollars and long-term debt is 520 million Hong Kong dollars; the company has 170 million Hong Kong dollars in cash and 500 million Hong Kong dollars in short-term investment. The group’s short-term investment and repayment of short-term debt."

When Qi Dezun heard this, he immediately reacted fiercely and said: "Mr. Wu, throwing these investments away at this time, the group company will incur a lot of losses!"

Wu Guangyao waved his hand and said forcefully: "Don't wait for a while. The Hang Seng Index has rebounded recently and has reached 600 points; however, the securities market on Hong Kong Island has not built enough confidence at all, and the global environment is not obvious. For the better; therefore, the securities industry on Hong Kong Island does not have the lowest, only lower!"

  Everyone was shocked. If the same thing is said from others, everyone will doubt it;

  But I don’t know why from this person, everyone’s first reaction is ‘this is true’!

  Qidezun looked at everyone’s expressions, and his heart was numb;

  In the past three days, Wu Guangyao’s words have been like imperial edicts, and everyone rarely put forward rebuttals!

Wu Guangyao continued: "President Wei Li, used the cash cashed out of 100 million Hong Kong dollars to increase its holdings in two high-quality companies, Watsons and Whampoa Dock. At the same time, the company is preparing to merge Whampoa Dock and Hutchison International to form New listed company-Hutchison Whampoa.

  As everyone knows, the business of Huangpu Dockyard only includes container terminals, transportation, real estate, manufacturing, ship repair, etc. It can be said that the scope of business is small and the business development prospects are limited;

  However, Huangpu Dock has a large amount of land resources, which can bring huge cash income to the company;

  Whampoa Dockyard is in trade, and there are basically no talents; Hutchison International has extensive business, and its biggest asset is talent;

  After the two are merged, they will form complementary advantages! "

  Everyone shines, this trick is really good!

  Wei Li said seriously: "Yes, I will start this soon!"

In Wu Guangyao's plan, after the merger of Hutchison International and Whampoa Dockyard, when the stock market further drops, the four listed companies, Watsons, Hebao, Junyicang, and Hutchison Real Estate, will be privatized until the stock market is booming. When, then go on the market;

  If you come and go, you can bring considerable benefits to the Hutchison Group!

After the meeting ended, Wu Guangyao left the Big Three of Hutchison Group.

"I will leave the company's subsequent rectification to the three of you! I only make three points: first, reform the financial system and establish modern financial control; second, strengthen the group's control of its subsidiaries, and information management must be in place , Otherwise, just like now, the subsidiary has a problem, the group does not know; third, the lawsuit is closed and the current expenses are reduced."

  Wu Guangyao's management of Hutchison Bank has already been discussed with his senior executives through the family office, so it is clear!

  In the eyes of Wei Li and others, Wu Guangyao at this time is simply a ‘business god’;

  It’s no wonder that at the beginning, someone reminded a few people that everyone was only the executor, not the decision maker.

  (End of this chapter)