The Wealth Empire Crossing the Hong Kong

Chapter 288

Sun Yunxuan and others returned to Taipei, but Li Jianhui and others did not leave in a hurry. In the hotel conference room, Li Jianhui and others, including Gu Zhenfu and Lin Tingsheng, had some discussions, especially about the development of Shinco Group.

According to Li Jianhui's plan, this company learned from TSMC in the previous life, mainly engaged in the foundry of chip production, and continued to develop chip production technology.

However, as shareholders, Gu Zhenfu and Lin Tingsheng are obviously not reconciled to the fact that this group is just a foundry. They hope that Shinco Group can become a comprehensive group integrating design, research and development, and production, just like Huaxin Technology.

Gu Zhenfu and Lin Tingsheng also established Hexin Technology and Datong Technology in the Hsinchu Science and Technology Park. One is mainly engaged in the communication industry, and the other is in the electronic components industry for home appliances.

If the Shinco Group becomes a comprehensive group, then in terms of chips, they often do not need the cooperation of Xiangjiang, and the Hsinchu Science and Technology Park is enough to complete.

Li Jianhui did not refuse the proposals of these two, but he reminded ST Group that the research and development expenses are not large. If multiple companies advance together, the final result may appear mediocre in all aspects, and it will not be able to become a world-class enterprise at all.

The Shinco Group is not Huaxin Group, and currently there are no profitable projects at all, and there is no huge financial support. If it really comes like that, I'm afraid the final result will not be too good.

Li Jianhui is too lazy to refute the face of these two people at this time. After Xinke Group is officially put into operation, Zhang Zhongmou will naturally raise this issue. At that time, for the development of the company, these two people will naturally no longer have this issue. idea.

"Everyone knows that our Tung Wah Club's strategy is based on the Greater China market and supplemented by the Southeast Asian market. We must become the dominant players in these two markets.

But at present, Japan, the United States and some consortiums in Hong Kong obviously don’t want us to do what we want. The Xiangjiang market is not a big problem at present, but in the Taiwan market and the markets of many Southeast Asian countries, these consortiums continue to put pressure on us.

In the Southeast Asian market, we are still not strong enough, but for Formosa, I hope to have a decisive battle with those competitors in retail, finance, home appliances, clothing, automobiles and other industries next year, especially in retail department stores. As far as possible, the European, American, Japanese and Korean retail companies will be squeezed out of the Taiwan market. "

Li Jianhui's confidence in home appliances and automobiles is not limited to Jingyi Electric Appliances and Yushi Group. This year, Lipu Holdings, Lanfeng Holdings, and Lanxi Holdings are not without action.

Blue Maple Holdings identified an opportunity and the Grosvenor family directly acquired 12% of Jaguar's shares in the hands of the government at a price of US$85 billion.

Lipp Holdings has not been idle either. In addition to acquiring the Canadian Husky Energy Company for US$2 million, it also acquired Land Rover from the Rover Automotive Group for US$8 million.

Restricted by the current lack of large-scale privatization policies in France, Lanxi Holdings has not acquired the auto industry, but Lanxi Holdings has not only banks, but also the largest shareholder of Schneider Home Appliances, a well-known French home appliance company, and is also the French Schneider Electric The sixth largest shareholder.

Schneider Home Appliances is a well-known home appliance brand in Western Europe, and its high-end is comparable to several major Japanese appliances.

The car brand gave Li Jianhui more confidence. The current Jaguar is not the Jaguar acquired by Ah San in later generations. The current Jaguar, as the car used by the British royal family, has a high reputation and is currently the number one in the US luxury car market.

If there is no Grosvenor family to join this time, and Thatcher also wants to make drastic reforms and carry out large-scale privatization, it will be difficult for Blue Maple Investment to win Jaguar.

Compared with Jaguar, Land Rover is not enough, but its technical strength is still there. In addition to Li Jianhui's order, Zhou Pengfei simply let Li Pu Holdings buy it.

It is precisely because of these few companies that Li Jianhui has enough confidence. Don’t look at the Japanese and American consortiums, as long as he is given time, with his foresight for future development, he is sure to develop every holding group into a A consortium.

All the people present supported Li Jianhui's decision, and they knew very well that it would be beneficial to everyone once Tesco Group took a dominant position in the retail department store market of Taiwan.

Among the members of the Donghua Club, there is me in you, and you in me. Everyone's interests are bound together. Only when everyone's business is well developed can they obtain greater benefits.

Gu Zhenfu said: "Jianhui, I'm afraid one year is too little. It may not be easy to squeeze out Wal-Mart, Carrefour, Ito-Yokado, etc. in a short period of time. If the price war breaks through the bottom line, only I'm afraid Li Guoding and Dean Sun won't allow it."

Li Jianhui's title of price butcher has gained a lot of popularity in the business world in the past two years, and the most beneficial weapon for the expansion of the new department is the price war.

Many people in the Hong Kong real estate industry regard Li Jianhui as a rule breaker. He sold Tianshui City, Huihong City, Huangpu Garden and other residences at low prices on a large scale, and he insisted that the housing prices in Xiangjiang could not rise.

Jingyi Electric is also an example. After Jingyi Electric went public, the price of products of the same quality was dropped by hundreds of Hong Kong dollars abruptly.

Gu Zhenfu was really afraid that Li Jianhui would also play the same tricks that Xiangjiang used to do here, directly selling at low prices or even losing money for a few months, so as to attack competitors.

This is absolutely not allowed in Baodao, and the higher authorities are not willing to see Tesco Group monopolizing the retail department store market.

In particular, the Uni-President Group has also entered the retail market, and the other party has considerable influence in Tainan's political circles.

Gu Zhenfu still hopes that Li Jianhui will not be too eager, and slowly squeeze the market of other companies by boiling frogs in warm water, so that he will not be targeted by the above.

"Don't worry, I'm not planning to fight a price war for a long time this time, so I'll give you some advice for the time being. I will briefly explain the specific plan at the Donghua Club's annual meeting in January."

Seeing this, they didn't ask any more questions. The retail department store market mainly depends on Li Jianhui. Before that, Guo Zhiquan also had a retail company, which was later merged into the Tesco Group.

Their current main business is still in finance and real estate, and everything else is just incidental, even for current technology companies.

Compared with technology companies that invest in research and development without knowing the results, finance and real estate are the industries with relatively low risks and high profits.

Don't say that these technology companies still can't see the future, even if these companies can bring them far more profits than finance and real estate in the future, they will not give up these two industries.

In addition to the market dominance issue raised by Li Jianhui today, Koo Chen-fu also raised some issues about Taipei Finance, especially the Taipei Exchange.

At present, the Far East Exchange has reached a strategic cooperation agreement with the Taipei Exchange. The two exchanges can carry out secondary listings on the other exchange, which is of great benefit to financial companies such as the East China Association.

The only problem at present is that there are quite a few companies on Treasure Island who want to go to the Far East Exchange for secondary listing, but no companies from the Far East Exchange are willing to list on the Treasure Island Exchange. If this continues for a long time, I am afraid that it will affect the cooperation between the two parties.

More than ten years ago, Koo Chen-fu served as the chairman of the Taipei Securities Exchange, and even now he has a great influence there, and he has contributed a lot to promoting the cooperation between the two exchanges.

When he mentioned this aspect this time, it was obviously the high-level executives of the Taipei Exchange who approached him. If this matter is not dealt with, it may really affect the follow-up cooperation.

(End of this chapter)