Reborn Tycoon Rise
Chapter 212 The Battle for Hutchison Whampoa (End)
Wei Li was about to leave. After hearing Xu Zhi's proposal, he immediately asked: "Since Xu Sheng has a proposal, why didn't he submit it to the board of directors earlier?"
Xu Zhi snorted coldly: "Why, do I still need to report to you?"
Wei Li said: "As a major shareholder, Xu Sheng naturally does not need to report to me. However, when holding a board of directors, many directors need to know what is going on in advance. Otherwise, everything will be voted on the spot and there will not be enough time to understand, and problems will easily arise. "
"Really?" Xu Zhidao said, "Then why didn't I know in advance about the last financing of Xinong Group, which was such a big deal?"
Wei Li smiled and said: "That was just a special situation. Xu Sheng had not participated in the board of directors several times before that. I thought Xu Sheng was busy with his own career and didn't care about Hutchison?"
"It's my business not to care, but I have to know what I should know." Xu Zhi said: "No more nonsense, so as not to waste everyone's time. My next suggestion is that I feel that although Hutchison Whampoa is currently profitable, the main thing is The reason is still because of the current sharp increase in land prices in Xiangjiang. If this factor is deducted, Hutchison Whampoa's own business has not turned a profit, so I think Hutchison Whampoa should change to a bigger class!"
"Xu Zhi, you..." Wei Li was shocked and angry. Even the former HSBC Shen Bi, no matter how dissatisfied with him, would not dare to veto his contribution to Hutchison in person, let alone in front of the board of directors and himself. In front of him, he proposed to remove himself, so he said in a cold voice: "I saved Hutchison in the first place. Why, are you going to kill the donkey now?"
Xu Zhidao: "Wei Li, you always think that you have saved Hutchison, so let me ask you a few questions.
First, you took over Hutchison Whampoa in 1975. In 1976, Hutchison Whampoa made a profit of HK$106 million and turned a profit in the first year. But did you also sell more than 180 branches and cash out more than HK$300 million? Is your HK$106 million a real profit from the company’s business?
Second, does Hutchison Whampoa's profits in recent years mainly come from real estate? This is not due to anyone at all, but because land prices have soared, you are just taking advantage of the trend to develop real estate, right or wrong?
Third, the company has received more than a billion Hong Kong dollars in low-interest loans from HSBC in recent years. Under such preferential circumstances, Hutchison Whampoa's profit margin is still so low. Do you dare to say that this is your own credit? "
"You're talking nonsense." Wei Li jumped up angrily, but what Xu Zhi said was true, so he couldn't fight back for a while.
"It's just facts." Xu Zhi continued to throw dirty water. Although these are actually facts, Wei Li did have his own contribution to Hutchison. It's just that now the two sides are at odds. Of course, the more they splash, the darker they will be. Otherwise, in the future He doesn't want to get caught up in endless struggles for power.
Wei Li glanced at everyone and understood, and said, "So, you have already prepared for today's scene? John, Michael, what benefits did you get, and you actually betrayed me?"
Xu Zhi shook his head and smiled: "Wei Li, do you know why you lost?"
Wei Li snorted and said nothing.
Xu Zhidao: "Your biggest problem is that you confuse Hutchison Whampoa's resources with your own resources. You are now Hutchison's chief executive. You can promise that their benefits will also come from the position of Hutchison's chief executive."
After finishing speaking, Xu Zhi said to the people on the board of directors: "Now we vote to abolish Wei Li's position as a supervisor. If you agree, please raise your hands!"
John, Michael and others did not hesitate and immediately raised their hands. Needless to say, the rest did the same. Li Jiacheng and Pu Weishi also raised their hands under everyone's gaze.
Xu Zhi smiled and said to Wei Li: "Now that you are no longer Hutchison Whampoa's senior classmate, I don't know what you promised, but can you still deliver it now?
But I can, because I am the major shareholder and I have the final say over Hutchison Whampoa now! "
Wei Li's face was livid, but he soon felt relieved and said, "Okay, since I lost, I will admit defeat, but Hutchison won't even think about it easy!"
"Really? Are you talking about the management who have signed a mutual advance and retreat agreement with you?" Xu Zhi shook his head and reminded: "They were able to listen to you because you were Hutchison Whampoa's boss at that time, or they thought You were able to maintain this position and now you are nothing. Why do you think they will still listen to you?
To take a step back, there are hundreds of senior cadres at Hutchison Whampoa. These people can get high salaries at Hutchison Whampoa. If they leave with you, what can you give them? They don’t need to support their families anymore?
Even if Hutchison really leaves, Hutchison Whampoa will be passive, but this evil will follow them for life. As long as I say a word, no company in Hong Kong will tolerate them, including Jardine Matheson Group. "
A lose-lose war is actually similar to nuclear deterrence. Xu Zhi is unwilling to take over a chaotic Hutchison, but Wei Li actually has his own weaknesses. He does not have the ability to provide these people with the treatment that Hutchison can provide. Li Cha De has surrendered to him, so these employees will naturally be stabilized. As long as Xu Zhi's sword is sure not to attack these people, the morale of the army can be stabilized.
"Very good, Richard, let's go!" Weili's face turned pale and he turned around to leave.
After taking a few steps, he found that Richard hadn't moved. He immediately became angry. However, he remembered Xu Zhi's words before and calmed down and said, "I'm going to start my own business. If you follow me, you can get shares. There’s definitely a better future here.”
Xu Zhi smiled and said: "No need, Mr. Richard will be the next Hutchison Whampoa manager. You don't need to worry about his future, Wei Li."
"That's it." Wei Li also understood and said, "The Chinese saying is indeed correct, good birds choose trees to roost in!"
Xu Zhi asked: "Wei Li, I'm very curious. I promised you to continue to be Hutchison Whampoa's head class, why did you do this again? Did some people give you some benefits?"
After saying that, Xu Zhi glanced at Li Jiacheng with a smile, but Comrade Li's expression did not change at all. He seemed to be just watching the show.
Wei Li said: "There is no reason. Originally, I still believed in your promise, but then you acquired Cheung Kong Holdings at a high price. I knew that you acquired Hutchison Whampoa definitely not for investment. In this case, I might as well give it a try!"
"That's it!" Xu Zhi also understood. Although his purpose of acquiring Yangtze River Industries at a high price was to force Li Jiacheng to return to defense, outsiders also saw that Xu Zhi's determination to obtain Hutchison Whampoa was so strong that Wei Li also Naturally, we know that Xu Zhi cannot be just a shareholder.
Xu Zhi said: "Wei Li, you can be considered a capable person, but you are not suitable for Hutchison Whampoa now. If you really want to leave and start a business, Hutchison Whampoa can invest in shares. This is only a strategic investment and will not compete for equity." , don’t worry about that.”
"No need." Wei Li refused directly: "The business I choose in the future has nothing to do with Hutchison Whampoa."
Xu Zhi nodded and smiled: "Yes, but Wei Li, since we have reached this point, why should we take responsibility for other people anymore?"
"No, this is just my own doing!" Weili said and left without looking back.
Seeing that Wei Li refused to reveal the person behind it, Xu Zhi shrugged and said to everyone with a smile: "Then everyone knows that Mr. Richard will be Hutchison Whampoa's next chief executive. Is there no problem for everyone?"
"No problem." Everyone responded.
It’s over, the takeover war is over!
I also heard that asking for votes is effective.
so:
Please make full reservations, monthly tickets, and recommendations!
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