I Want To Be a Rich Man on Hong Kong Island

  Chapter 571 [Promoting the Chinese Management of Hongkong Electric]

  North Point, Hong Kong Electric Headquarters.

  Wu Guangyao sat in the first place, scanning the high-level staff of the Hongkong Electric Company.

   "Just last week, the Guangyao Family Office has raised the shares of Hongkong Electric Co., Ltd. to 49%!"

  Wu Guangyao's voice just fell, the high-level people looked at each other;

  ‘At the lowest price, I got a company of the highest quality! ’These are all management ideas!

  At this time, a group of management basically understands how the shares of Hongkong Electric in the hands of ‘Guangyao Family Office’ were acquired:

  In the first stage, everyone thinks that from 1967 to 1969, when the Hong Kong stock market was down, 15% of the shares were absorbed, and the cost should be only about 100 million Hong Kong dollars;

  The second stage is naturally a private equity increase by the management of the HEC, which raised 17% of the shares from the Wu family at a cost of 300 million Hong Kong dollars.

In the third stage, during this period, the Hong Kong stock market fell further, the Hang Seng Index was only 210 points, and the shares of the Hongkong Electric fell to 5 Hong Kong dollars per share. In this way, the final 17% of the shares of the Hongkong Electric were owned by the Wu family. It only cost 250 million Hong Kong dollars.

  In this calculation, the Wu family only spent less than 700 million Hong Kong dollars to acquire 49% of the shares of Hongkong Electric, which is extremely cheap!

  Wu Guangyao is naturally very proud. In his previous life, in the early 1980s, Li Chaoren spent a full 2.9 billion Hong Kong dollars to purchase 33% of the shares of Jardine Matheson.

  The CEO of Hongkong Electric tried to ask: "Mr. Wu, do you want to privatize Hongkong Electric?"

  Wu Guangyao smiled and shook his head, then nodded again, making all the executives feel like a roller coaster.

   "If the Wu family's status in the Hong Kong Electric Group is challenged, then I will choose to privatize!"

  A group of ghost executives changed their colors in an instant, this is beating all the management!

  I think at the beginning, this one who said he would not interfere with the management of the Hongkong Electric, now he has started to change his face!

  Martin calmed his breath and said, "Mr. Wu, we will adopt any valuable suggestions for the Hongkong Electric Company!"

Wu Guangyao said with a serious expression: "I won't make any valuable suggestions, I will only let you execute orders! If you feel that working for my Wu family has some grievances, you are welcome to leave! If you like this job, Then you have to adapt to my boss right away."

  Wu Guangyao finished speaking, and his domineering eyes moved on everyone's faces, and it looked like the boss was giving his subordinates mawei!

  At this time, Wu Guangyao's showdown was because the ‘Guangyao Family Office’ had contacted the Chinese management of HK Electric and made concerted efforts;

  At the same time, Xue Tianming, the director of the family office who took the lead in the HEC, also found out the structure of the HEC.

  In this case, Wu Guangyao does not want to hand over his company to a group of ghosts who do not obey the command!

  So, it's a showdown!

After Martin fell into a brief embarrassment, his heart also became active:

  On Hong Kong Island, there are many European and American executives under this person, and there is no racial distinction;

  Even, this top executive, foreigners still have a little advantage!

  In addition, this person has a rich net worth and a huge industrial chain. Working for him does not mean burying himself;

  Although it is not as comfortable as being a leader before, at least the boss he talks to is also a big man.

  For a moment, Martin said first: "Mr. Wu joked. Since you are a major shareholder and you are interested in participating in the management of the Hongkong Electric, then we welcome you with your hands."

  Others saw Martin's service softened, and they all expressed their willingness to accept the leadership of the Wu family!

  A war is extinguished before it ignites!

  Wu Guangyao smiled, feeling very comfortable!

  "Well! Since everyone has decided to stay in the HEC, let's work hard together! Fight for the development of the HEC into a large international group company."

  Wu Guangyao then gave Xue Tianming a look, Xue Tianming understood, got up and left the meeting room.

  I don’t know what the Hongkong Electric’s management meant, but I was so scared just now, so I didn’t ask.

   Less than three minutes later, Xue Tianming led the two Chinese into the conference room.

  A group of ghosts are shocked, and they have a bad premonition!

  Because these two Chinese are very capable middle managers of Hongkong Electric. Now they are brought in, then the new boss will promote them!

   "You should be familiar with these two, I won't introduce them! Yang Sheng, Wu Lie, find a seat first!"

   "Yes, boss!"

  After everyone sat down, Wu Guangyao began to say:

  "I now announce that the Hongkong Electric Co., Ltd. will develop toward the group company; first, establish a wholly-owned subsidiary, the Hongkong Electric Engineering Co., Ltd.;

  Yang Sheng, was elected CEO of this company;

  Hongkong Electric Association Engineering Co., Ltd. is a comprehensive company that specializes in providing electrical engineering consulting services;

  If you want to come, everyone should know that this is a huge power engineering market. "

  Wu Guangyao's words gave the management a sigh of relief.

  Yang Sheng is not taking the place of everyone, but the CEO of a newly established subsidiary, which has little to do with him!

  Yang Sheng hurriedly stood up and said, “Thank you for your boss’s trust and for the support of all the leaders. I will not let down everyone’s trust and strive to create profits for the company.”

  Since Martin decided to follow the Wu family at this time, he immediately agreed and gave Wu Guangyao a flattering.

   Wu Guangyao said again: “Then, the Hongkong Electric Company established another subsidiary, Fortress Electric, to use the payment hall of the Hongkong Electric to sell some electrical equipment; Wu Lie, you will serve as the CEO of this subsidiary.”

   Wu Lie hurriedly got up and made a promise!

  It is generally difficult for Chinese to rise to the top in this type of British company;

  But, now it’s different. British capital has become Chinese capital, so as long as I have the ability, I will be appreciated!

  Wu Lie thought to himself, fortunately, he did not sink down over the years;

  Sure enough, we can see the sunrise!

Saint Wu Guangyao said: "It is not good for me to set up an electrical appliance retail company in Hong Kong, because I already have an electrical appliance company under it. Of course, for the diversified development of Hong Kong Electric, my personal sacrifice is counted. Nothing!"

  For a time, rave reviews!

  Even some ghosts started to return!

   Wu Guangyao said: "President Madden, you immediately negotiate with the Hong Kong government to assign us 60 hectares of land at Pineapple Mouth on Lamma Island, where the Hong Kong Electric Company will build a large-scale power plant."

  Martin was taken aback, and said anxiously: “But the power plant on Ap Lei Chau has not been put into use. Maybe the Hong Kong government will not approve the power plant on Lamma Island, right?”

  Wu Guangyao explained:

"First, the power plant in Ap Lei Chau uses oil-fired power generation, which has a high cost; while on Lamma Island, we can build a coal-fired power plant with low cost; while Lamma Island is far away from the main island and the living circle of Kowloon, so there is no need to worry about environmental protection. But it's off.

  Second, the demand for electricity on the island is increasing day by day; you can calculate by yourself that by the mid-1980s, the power plants on Ap Lei Chau could still guarantee the electricity supply on the island.

  Thirdly, after the Lamma Island power plant is put into operation, our Hongkong Electric Company can also develop outwards, such as power transmission to Macau and the Mainland, and earn more profits.

Fourth, after relocating the North Point Power Plant and Ap Lei Chau Power Plant to Lamma Island, the two sites in North Point and Ap Lei Chau can be developed for high-altitude development rights; at that time, I will ask the HEC to establish another one. Real estate companies, these two pieces of land can bring huge profits to shareholders. "

  A group of executives were stunned, and everyone felt that after hearing Wu Guangyao's words, the value of Hongkong Electric seemed to have doubled several times.

  Martin took the lead in reacting, not flattering at this time, but more time!

  As Martin’s applause sounded, a group of Hongkong Electric executives in the conference room gave their applause one after another!

  Wu Guangyao is full of heart, and the general layout of HK Electric has been completed;

  Next, I just need to slowly engrave the Hongkong Electric and let the Hongkong Electric Company become another profitable tool for itself.

  The Hongkong Electric Group is definitely going out of Hong Kong, and will invest in the electricity markets in Australia, Southeast Asia, and even Europe in the future;

  This is also the convenience brought by the Hongkong Electric Group as a listed company!

  (End of this chapter)