Rebirth of the Strongest Tycoon

Chapter seven hundred and thirty second Hutchison Whampoa slimming down

In the early morning of November 20, cars kept driving into the underground parking lot of Jiuding Building in Kowloon. The heads of companies under the Jiuding Consortium got out of the car and entered the elevator to the top floor of the building.

Just today, Xia Yu officially launched the division meeting of Hutchison Whampoa, and the heads of various companies have already sharpened their knives.

In front of the Jiuding Building, an Englishman stopped and looked up at the huge signboard of "Jiuding Building" with a very complicated expression.

Although he got the news a long time ago, when the day really came, Weary couldn't help feeling sad.

He was hired by HSBC to serve as the general manager of Hutchison Whampoa, and supported him for several years. Only he knew the hardships and sufferings.

He has been holding on to not allow Hutchison Whampoa to be divided, but now that Hutchison Whampoa has been acquired, the dominance is no longer in his hands, and the fate of being divided is inevitable after all.

It's just that I don't know what Hutchison Whampoa can leave behind today.

"I hope they can show mercy!"

Weili sighed inwardly, then shook his head to dissipate his bad attitude, helped his tie, and strode in with his head high.

After a while, under the guidance of the staff, he entered the conference hall. As soon as he entered, he immediately attracted the attention of most people in the venue.

But most of them smiled and nodded at him in goodwill.

Weary was in a better mood. He found a seat with his name on it and sat down. Immediately, someone sent him a thick document.

Wei Li looked through the official information of Hutchison Whampoa, which listed more than 200 companies in Hutchison Whampoa, and wrote the characteristics of each company in concise language.

He immediately focused and looked carefully.

Time passed by, and people kept coming in, chatting in twos and threes in a low voice.

At this moment, Xia Yu's figure appeared at the door, and the venue suddenly became quiet.

Xia Yu walked to the top seat and sat down, glanced at the venue, and found that all the places where the signs were placed were filled with people, obviously they were all there.

"It seems that everyone is on time. Since everyone is here, let's start straight away!"

"Everyone has a document in their hands. You should have seen the rough version before, and now this is the latest detailed version."

"Now start with the company with the most serious losses. If any of you think that this company has a reinforcing effect on the company you manage, you can make an explanation on the spot and state your own business ideas. If the advantage is obvious, you can directly decide the ownership on the spot. , if the advantage is not obvious, in order to speed up the efficiency, the pending decision will be put on the next agenda for discussion.”

Speaking of this, Xia Yu paused, looked at Weary who was sitting in the front row, and said, "Weary, you can also speak at any time, if you think any company is more suitable to stay in Hutchison Whampoa, you can also It can be brought up, but there must be a strong case.”

Wei Li's mood was both heavy and light, and he nodded heavily. He was heavy because he had to do his best to keep Hutchison Whampoa's company, and lightness was because he could hear what Xia Yu said, Hutchison Whampoa would still exist, and he also Will be the general manager of Hutchison Whampoa.

"Then start now."

"The first company..."

As soon as he finished reading the information, two people raised their hands, and Xia Yu ordered one person to start the statement.

Xia Yu had notified them more than 20 days in advance, so everyone was fully prepared in order to take shortcuts to expand the company they manage. At this time, it was naturally very process.

As long as the reasons are sufficient, Xia Yu will directly make a decision on the spot to determine the ownership.

If there is any dispute, it will be put on hold for further discussion.

The efficiency of the negotiation is very high, and the ownership of 38 companies has been decided in one morning.

At noon, the company's cafeteria will have a unified meal, and continue at one o'clock in the afternoon.

Three days passed in a flash.

At five o'clock in the afternoon on November 22, the high-intensity division meeting finally ended.

Hutchison Whampoa, which owns more than 200 companies, has undergone a major slimming down.

At this time, only 52 companies were born, and there are so many left. It is because Hutchison Whampoa's business is too complicated. Many companies under the Jiuding Consortium have not set foot in those industries, so there is no legitimate reason to divide the company into more.

The most prominent core companies of Hutchison Whampoa only retain Hutchison Whampoa Port Company and Hutchison Whampoa Real Estate Company.

However, the retail business was divided, and the Watsons Group was spun off and merged with Mannings Pharmacy to form a new company, Jiuding Bodybuilding Company. Jiuding Bodybuilding Company has two brands, Wannings Pharmacy and Watsons. The competition is conducive to the competition for the market.

After the PARKnSHOP was spun out, all of them were merged into Wellcome Supermarket. The existing Parknshop supermarkets were all renamed Wellcome ParknShop, and only Wellcome Supermarkets will be opened in the future.

The reason why Parknshop has a different fate from Watsons Group is also because Parknshop is not like Watsons Group.

Another, the supermarket market is more competitive, the English name of Wellcome Supermarket is better than the English name of Baijia Supermarket, and it is more advantageous to compete in foreign countries.

It is worth mentioning that Hutchison Whampoa originally held a 49% stake in the Sheraton Heungkong Hotel, and this part of the stake was assigned to Jiuding Real Estate Group.

Jiuding Real Estate Group has established a separate Jiuding Hotel Management Group.

The Marco Polo hotel brand acquired from the previous acquisition of Wharf, the Mandarin hotel brand obtained from the acquisition of the Landmark Group, and the current shareholding in the Sheraton Heung Kong Hotel are all under the Jiuding Hotel Management Group for unified operation.

Of course, Hutchison Whampoa is not only divided, there are still some gains.

That is, the strength of Hutchison Whampoa Port Company has greatly increased.

Xia Yu made a direct decision and merged the Wharf Terminal Company, which had three ports, into Hutchison Whampoa Port Company, so that the latter owned 17 of the 24 ports in Hong Kong at once, and monopolized 70% of it in one fell swoop. market.

In this way, Hutchison Whampoa will have a supreme deterrent in the Hong Kong port field, and Swire Dock Company will be eclipsed and lose the possibility of competing with Hutchison Whampoa.

Yang Dajun, the former general manager of the Wharf Terminal Company, has another appointment.

The Heung Kong Tramway and Star Ferry (which had merged with the Hong Kong Yau Ma Tei Ferry Company), which were originally owned by the Wharf Terminal Company, merged to form the Jiuding Transportation Company.

In Xia Yu's view, this split meeting seems to be a success at present. Hutchison Whampoa has successfully slimmed down, leaving only two core businesses, port and real estate. Hutchison Whampoa Port Company owns a large amount of land, which is for Hutchison Whampoa Real Estate Company. laid a solid foundation.

At this time, Hutchison Whampoa Real Estate Company can definitely squeeze into the top ten in the real estate industry of Heung Kong. Together with Jiuding Real Estate Group, which was originally owned by Xia Yu, the first in the field of Heung Kong real estate, Xia Yu's right to speak in the real estate industry has been strengthened again.

And other companies have their own achievements. They have annexed so many companies, and they will definitely try their best to turn losses into profits. They also have the strength and energy to do it.

As the news of Hutchison Whampoa's division spread, the attention of various media and bigwigs was attracted, and the reactions were mixed, but Xia Yu no longer cared about it.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like