We're building a super chaebol in Hong Kong
#329 - Win-win cooperation
“Mr. Bersha Gall, I know the group has been unfair to Hutchison Oil Company in the past few years. I understand your desire to expand the company, so I support your decision this time, but it requires the cooperation of Tianwen Oil Company!” Wei Li said.
“To have the support of the President, I am already full of confidence. It is time for Hutchison Oil Company to rise!” Bersha Gall’s eyes lit up upon hearing Wei Li’s words.
As an employee in the oil industry, Bersha Gall has been very concerned about the international oil situation since the international oil crisis began to break out.
Especially since the middle of last month, small brand gas stations in Hong Kong, Macau, Malaysia and other places have been forced to temporarily close down due to lack of oil.
Only international big-brand gas stations with strong backing, such as ExxonMobil gas stations and Shell gas stations, have not been forced to close down, but they also have to limit their supply every day.
Hutchison gas stations, on the other hand, have been very well-supplied these days.
Because Hutchison gas stations also have a backer.
Its backer is naturally Su Cheng!
Before Su Cheng established Tianwen Oil Company, he had purchased two oil refineries.
These two oil refineries are located on Lamma Island in Hong Kong and in Singapore, respectively.
After acquiring these two oil refineries, Su Cheng has never stopped the production of these two oil refineries.
So, where are the gasoline and diesel refined by the two oil refineries sold?
The answer is naturally Hutchison Oil Company.
Basically, the two oil refineries do not have any extra gasoline or diesel to supply to the outside world.
After all, as a company with 62 chain gas stations, Hutchison Oil Company consumes a lot of gasoline and diesel every day.
Therefore, the gasoline and diesel refined by the Nanyang Refinery on Lamma Island have always been supplied to Hutchison gas stations in Hong Kong and Macau.
The gasoline and diesel refined by the Singapore refinery are directly supplied to gas stations in Singapore and Malaysia.
This has been the case for the past few months.
By-products of oil refining such as sulfur, heavy oil, paraffin wax, and asphalt are sold to other related cooperative enterprises, most of which are digested internally.
For example, asphalt is sold to Hutchison Construction Engineering Company, which often needs to build asphalt roads.
The two oil refineries specialize in providing oil to Hutchison gas stations, and the two oil refineries have never lacked crude oil because of Tianwen Oil Company.
Therefore, Hutchison gas stations have now become the most stable gas stations in Hong Kong, Singapore and other places.
Therefore, during this period, the 62 Hutchison gas stations can be said to be working around the clock, which has also made a lot of money for the company. Hutchison Oil Company's turnover in the past month has been more than half a year's worth in normal times, and its profits have also increased several times.
It is conceivable that Hutchison Oil Company is now at its peak since its establishment.
Under such a highlight moment, Bersha Gall is no longer satisfied with the existing scale.
He wants to expand Hutchison Oil Company and open more Hutchison chain gas stations.
After Wei Li's large-scale rectification, Hutchison Whampoa Group now has more than 100 subsidiaries. Unless it is a very important subsidiary, he will not spend a lot of time in the same subsidiary.
“Currently, as far as I know, Tianwen Oil Company’s two oil refineries are already producing at full capacity, and they are still only enough to supply our gas stations. If we start to expand the gas stations, then Tianwen Oil Company’s refining scale must also be expanded. Otherwise, we will not be able to earn more money even if we expand, because there is no more gasoline and diesel to supply!” Wei Li said, stating the biggest problem facing Hutchison Oil’s expansion.
The scale of the oil refinery on Lamma Island is not very large. It is very rare to be able to supply 21 gas stations in Hong Kong and 3 gas stations in Macau.
Although the scale of the oil refinery in Singapore is three times larger than that of the oil refinery on Lamma Island, it also has to supply 12 gas stations in Singapore and 26 gas stations in Malaysia, so the pressure is not much less than that of the Nanyang Refinery on Lamma Island, Hong Kong.
“Then what should we do? We don’t know how long this oil crisis can last, so we must expand before the oil crisis ends, otherwise we will lose this best opportunity for expansion!” Bersha Gall said seriously.
As the helmsman of Hutchison Oil Company, he really does not want Hutchison Oil Company to miss such a good opportunity in vain.
“How about this, put your work on hold for a while, and I’ll take you to see someone!” Wei Li thought for a while and said directly.
“See who?” Bersha Gall asked curiously.
“Meet Mr. Li Yihui, the president of Tianwen Oil Company. At that time, we will discuss how to develop together. We have Hutchison gas stations, and Tianwen Oil Company has oil refineries. Only by working together can we grow together.” Wei Li said with a smile.
Since the gas stations are to be expanded, then the oil refineries must also be expanded.
As long as Mr. Li Yihui is persuaded to start expanding the oil refineries, then Hutchison Oil Company will not be afraid of running out of oil even if it continues to expand the number of gas stations.
“Then without further ado, let’s go and find Mr. Li Yihui now!” Bersha Gall said impatiently.
Wei Li looked at the time. It was already two o’clock in the afternoon. He didn’t know if Li Yihui was in the office of Tianwen Oil Company.
So, he said: “I’ll call him first to ask if he’s there.”
Bersha Gall nodded.
Wei Li directly called Tuen Mun from the office.
A minute later, Wei Li hung up the phone. Li Yihui said that he originally planned to go to the oil refinery on Lamma Island, but after hearing that Wei Li was going to Tuen Mun to find him, he simply postponed the trip.
Because going to Lamma Island requires taking a boat from the city.
So Li Yihui also directly told Wei Li not to bother running so far to Tuen Mun to find him. He would just come to Central, and then meet at Hutchison Whampoa Group to discuss anything then.
It takes about an hour to get from Tuen Mun to Central, so Li Yihui made an appointment with Wei Li to meet at Hutchison Whampoa headquarters at around 3:10 in the afternoon.
So, Wei Li took Bersha Gall and left the Hutchison Oil Company Building and drove directly to the Hutchison Whampoa headquarters building in Central.
An hour later, Li Yihui also successfully arrived at the Hutchison Whampoa headquarters building from Tuen Mun.
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