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Chapter 550 Reorganization of the consortium's business sector

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    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    Think back to the beginning

    The slightly green young businessman Wang Yaocheng, who was once squeezed out and underestimated by the top tycoons in Hong Kong, showed his ferocious face, ruthless and merciless in attacking his favorite targets.

    No one knows how big the appetite of the God of Wealth is?

    No one knows where the boundary of Wang's property expansion is?

    Once the frontal war starts

    ? Facing the cross-river dragons that have made a strong landing with capital from the United States, the local wealthy businessmen's families are all native chickens and dogs, completely vulnerable.

    think about it

    Li Zhaoji, the fourth uncle who has been in business for a long time, knew that the strengths of the two sides were not at the same level at all, and Henderson Land had no chance of winning. After careful consideration, he finally gave in.

    He handed over this piece of golden land to the royal family fund at a low price as a certificate of investment.

    Although the fourth uncle is in severe pain, compared with the life and death of the family's flagship Henderson Land, a piece of golden land on the coast of Victoria is much lighter.

    Li Zhaoji's decision had aroused strong opposition from within the family and from the senior management of the family business, and he suppressed them with all his might.

    The so-called; an old family is like a treasure.

    Now it seems that it is really a blessing. The flagship enterprises of the Li Jiacheng family, Cheung Kong Enterprises and Hutchison Whampoa, which insisted on not cooperating, were annexed by the Wang consortium, and there is no splash at all.

    ?The Wu family, which is also the top richest man, lost its Wharf shares and became a second-rate billionaire. The Swire Group Swire family and the Kadoorie family, which have run across Hong Kong Island for more than a hundred years, have long been ruined and empty buildings.

    from beginning to end

    Royal Family Fund did not start with Henderson Land, probably because of the good relationship formed at the beginning.

    ?The 260 mu of land of the original Hong Kong Financial Center Phase II project, plus the 85 mu of land held by Wharf Group, totaled 340 mu, which is just right to accommodate the huge Royal Plaza project.

    This is the only large-scale land in the entire Hong Kong Island. Since then, no land with an area of ??more than ten acres can be found in the high-rise Hong Kong Island, unless the original high-rise buildings are demolished and rebuilt.

    In order to develop, Hong Kong real estate developers can only set their sights on Kowloon, the New Territories and other places opposite Victoria Bay, where there are still large areas of land that can be developed.

    Closer to home

    ?The CEO summit of the second fiscal quarter of 2004, which lasted for three days, was grandly held in the Royal Family Center Building, and the chairman of the consortium, Wang Yaocheng, announced on the spot;

    All future summits will be held here without exception.

    at the meeting

    ? The consortium business has been reorganized and several important appointments have been announced;

    ? Appoint the former head of the secretariat, Gao Feng, as the secretary-general of the Royal Family Fund, which is equivalent to the position of chief executive and belongs to the vice-chairman level executives of the consortium.

    The scope of duties includes overall responsibility for the secretariat, the operation of Royal Plaza, including Hong Kong Swire Properties, Wharf Group, Cheung Kong Holdings and Hutchison Whampoa, the two giants of Mainland Pacific Real Estate and C?te d'Azur Real Estate, all of which belong to the Secretary General  direct management.

    This means that the six major real estate companies of the consortium have formed a complete real estate sector, and they are also brothers in healthy competition with each other.

    ? Appoint Zhang Rujing, the former president of Atlantic Jinko Group, as the vice chairman of Royal Family Fund. The scope of duties includes;

    Atlantic Jinko Group, SK Hynix and TSMC, ASML in the Netherlands, and Japan Canontokki Co., Ltd., which produces advanced evaporation machines, integrate and manage the entire chip industry to avoid redundant construction and waste of resources.

    ? Appoint Dong Mingzhu, the former president of Huanghe Technology Group, as the vice chairman of the Royal Family Fund. The scope of duties includes;

    Huanghe Science and Technology Group, Panda Electronics, Gree Group, Pacific Home Appliances Chain, Pacific Electronic Computer Company and other enterprises have formed a one-stop production and sales segment of domestic home appliance products, which has greatly enhanced the strength to participate in the competition of world home appliance giants.

    ? Appoint Qi Yafei, the former president of Arctic Ocean Holdings (Hong Kong), as the vice chairman of Royal Family Fund. The scope of duties includes;

    All high-tech Internet companies under Bingyang Holdings (Hong Kong), Red Hat Systems, Athlon Microprocessor, amd, Google, Amazon, Youtube, Tuku, etc.  Tech companies are all over the place.

    ? Appoint Mo Yuxuan, the former executive director and CEO of HSBC Bank, as the vice chairman of Royal Family Fund, and the scope of duties is ~ HSBC Bank.

    ? Appoint the former chairman and CEO of Cisco, Chambers, as the vice chairman of the Royal Family Fund, with a scope of duties ~ Cisco.

    ? Appointed the former chairman of Pacific Holdings (Hong Kong)One after another, the halberds fell into the sand.

    Annihilate one thousand enemies and destroy eight hundred.

    Gree Group, a subsidiary of the consortium, is also having a hard time. Because it is on the front line of close combat, it often relies on price wars to kill competitors. Gree Group's profit margin has dropped from 11.8% to 6.5%.  production to maintain this level of profitability.

    The world's mobile phone market, home appliance market, personal desktop computer and notebook market are all facing a reshuffle. At this critical time, we must not fall behind. Gree Group shouted the slogan of striving to become the "No. 1 brand of home appliance in the world".  The strength of the consortium.

    Gree Group now owns the Sanyo brand, and has taken aim at the famous European home appliance brands Siemens and Electrolux. It has been in contact with these two international home appliance companies for some time.

    Once the dream comes true

    Gree Group's acquisition of Siemens' home appliance business or Electrolux will complete its own phoenix nirvana and sell home appliances all over the world.

    In the field of home appliances

    The three elements of brand advantage, channel advantage and production scale advantage are equally important. If you have one, you can stand up, succeed in some markets around the world, and be able to live well, which can be regarded as a well-off level.

    Get two and be at ease

    Being able to step out of local markets and enter the world market to test the waters, such as entering the Chinese market, Japanese and Korean markets, Southeast Asian markets, European markets, North American markets, etc., can be regarded as a competitive home appliance manufacturer in the world, and Gree Group is currently at this level.

    Get three things

    Once the famous European brands Siemens or Electrolux can be won, the door to the European and American markets will be completely opened to Gree Group.

    This is of great significance to Geli Group. It can easily take over the channels and brands that the other party has operated for decades, integrate three advantages, and compete with the world's top home appliance manufacturers in the same field to determine the outcome.

    ? After strengthening the disadvantages of weak brand power and incomplete channels, the three arrows will be launched simultaneously, and the advantages of Gree Group's production costs will be rapidly enlarged.

    Therefore, one of the important goals of Zhu Jianghong, President of Gree Group, for this summit is to report on the strategic plan of the company and strive to obtain the approval of Wang Yaocheng, chairman of the consortium.

    Unexpectedly, after the adjustment of the consortium's business sector, Zhu Jianghong must first obtain the approval of the new vice chairman of the consortium, Ms. Dong Mingzhu, before he can meet with Wang Yaocheng to report on his work.

    Thirteen years ago, Ms. Dong Mingzhu was only the director of the sales department of Gree Company, but now she is the immediate boss.

    It can be said that the world is unpredictable!  (Remember the site URL: www.hlnovel.com
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