The Wealth Empire Crossing the Hong Kong
Chapter 405 The thoughts of Huihong's senior management
Chapter 405 The thoughts of Huihong's senior management
On Tuesday morning, the stock market directly opened higher. Yesterday’s strong financial banking, real estate, and retail sectors were still strong. Today’s long-slump shipping and textile and apparel sectors also rose strongly.
Huangpu Shipping Group has become the leader in the shipping sector. It rose by nearly 20% within half an hour of opening, and its market value directly exceeded 130 billion Hong Kong dollars, which also created a new high for the group's market value.
Li Jianhui didn't bother to pay attention to the situation in the stock market. Anyway, the market value of these companies did not affect the company's dividends, but he was concerned about how much he could get.
This year is different from previous years. In order to have some surplus in their own hands, this year, after the major companies have made expansion plans, the excess funds of listed companies will be distributed in the form of dividends. If it is a company solely owned by him, the excess funds will be directly transferred to the Xinhui Fund account. .
Today, he went to Huihong Group on purpose. One was to lay out the group's idle capital research and development projects this year, and the other was to look at the group's annual financial statements last year to decide on dividend funds.
As an elite in the game industry that Li Jianhui personally invited back from Japan, Toru Iwatani is extremely good. He is not only talented in game development, but also outstanding in corporate management.
In the past year, Huihong Game Group has achieved very good development under his leadership, especially last year's two games, Contra and Twelve Street Fighter, were welcomed by countless game fans, and the sales on arcades were even higher. It surpasses Pac-Man, Bee and Tank Wars, even Super Mario can't compete with it.
Especially Twelve Street Fighter, because it has entered the heyday of the arcade industry, the sales volume of this arcade machine has exceeded [-] units, which is something that Super Mario has never achieved on arcade machines.
I don't know about other places. In the Xiangjiang arcade, there is no game that does not contain the game Twelve Street Fighter.
Also because of the hot sales of these two games, several other games have also achieved good sales, coupled with the continuous efforts in the home game console business, Huihong Group has achieved very gratifying results last year, coupled with the appreciation of some fixed assets, Its profit is close to 30 billion Hong Kong dollars.
However, Li Jianhui also knows that the glory of the arcade will not last for a few years, and the follow-up focus will gradually shift to home game consoles.
The real rise of Huihong Group will have to come to the era of online games. Li Jianhui has planned to let Huihong Group follow the path of TX in his previous life, which is chat software. He also plans to let Huihong Group do it, so that Huihong Group can continue to maintain its competitiveness.
At the meeting, Li Jianhui said to the group's senior management: "Excluding some additional tax expenses, our group account funds should be 18 billion Hong Kong dollars. The group will use 15 billion Hong Kong dollars as dividends this time, and the remaining funds will be used for the group's follow-up operations."
Seeing that Li Jianhui used so much cash for dividends this time, Sun Zhigang, the vice president in charge of the group's finances, immediately said: "Li Sheng, is the dividend this time too much? You also know that the construction of Huihong Building needs to continue. In addition, our group also intends to increase the layout of directly-operated stores this year, and we plan to own the property rights of these directly-operated stores, which will cost a lot of money. See if you can reserve a little more development funds for our group."
Li Jianhui is very clear about the calculations of the group's top management. At the beginning, he let them set up direct sales stores in some areas, and more importantly, let them become local distributors, which helped the group's products to sell locally.
These high-level executives actually took the opportunity to expand their own power, imitating the layout of Jingyi Electric Appliances and Hongyu Clothing, and buying the property rights of the stores as much as possible. Add value to increase group profits.
He has always been very clear about the ambitions of Huihong Group's top management. This time, allocating so much capital for dividends is also to prevent these high-level executives from thinking about expanding to other industries all day long.
"This matter has been decided in this way, and the layout of some of your directly-operated stores also needs to be adjusted. You must be clear that the main business of Huihong Group is game research and development, and channels can be established, but we are not establishing terminal channels, and this kind of store opening Too much is just a burden to us.
This year you have to make adjustments to me. In principle, only set up a large-scale directly-operated store in a city with a population of more than [-], mainly to promote our products, and transfer everything else to me. "
Although these high-level executives were reluctant, it was a pity that their arms could not twist their thighs, so they could only follow Li Jianhui's decision.
They also knew that within two years, the Xinjian Department and even Xiangjiang's largest listed company would give way.
They are very aware of Lane Crawford's stamina, and it is even the most undervalued company among the listed companies in the Xinjian family.
The other party's market value has exceeded [-] billion Hong Kong dollars today. With its expansion momentum and strong profitability, it is only a matter of time before it surpasses them.
As an industry under the Xinjian Department, Lane Crawford also has no loans in the bank, and the other party basically imposes a three-month payment period on the supplier, which makes it quite rich in its hands, although the other party cannot directly manipulate the money into the bank. The stock market has increased in value, but the other party can entrust the Securities Department of Xinjian Bank to manipulate it.
The most important thing is that because the other party is in the process of rapid expansion, Li Jianhui will not allow it to distribute large-scale dividends at all, which will naturally allow its assets to grow rapidly.
Seeing that these high-level executives were not very interested, Li Jianhui said: "I know some of your thoughts. I have a clear plan for the future development of Huihong Group. The future Huihong Group must be one of the companies with the highest market value under my umbrella. .
It's just because the time to enter a new industry is not yet ripe, and I hope you will be patient for the time being.
At present, there are enough real estate companies under my umbrella. Huihong Group should not think about entering again. If you have the energy, you might as well develop a few more best-selling games. "
As the president of the group, Toru Iwatani is also in a dilemma between Li Jianhui and the group's senior management. He knows very well that these senior management are very unwilling.
I think their Huihong Group is a company started by Li Jianhui. Not to mention becoming a top holding group company, but also like Jiayi, Jingyi Electric Appliances, and Hongyu Clothing, at least grasping the upstream and downstream industrial chains.
As a result, because of Huaxin Technology Group, they directly cut off their development path to the upstream industry chain.
Originally, I still hoped to develop the downstream industrial chain. Even if some directly-operated stores do not make much money, relying on the good location of the land and the value-added of the store, it can be regarded as an additional growth point for the group. In the end, this was also called by Li Jianhui. stop.
This makes Huihong Group quite aggrieved. Since the establishment of the group, it has been supporting the development of its brother companies. Now seeing these companies continue to expand, while Huihong Group is standing still, this makes them feel good.
Therefore, after Li Jianhui's voice fell, Iwatani Toru said: "Li Sheng, you also know the current situation of the group, there are only two main businesses, one is arcade machines, and the other is home game consoles.
These two main components are still provided by Huaxin Group, and we have no control over the pricing power at all, nor can we reduce costs on this.
If we don’t develop other businesses, I’m afraid that the group’s profit will reach its peak. It will be very difficult to increase the profit. We can’t guarantee that we can develop a best-selling game like Twelve Street Fighter every year. Please also ask Li Sheng to help The continuous rapid development of our group shows a clear path. "
……
(End of this chapter)
On Tuesday morning, the stock market directly opened higher. Yesterday’s strong financial banking, real estate, and retail sectors were still strong. Today’s long-slump shipping and textile and apparel sectors also rose strongly.
Huangpu Shipping Group has become the leader in the shipping sector. It rose by nearly 20% within half an hour of opening, and its market value directly exceeded 130 billion Hong Kong dollars, which also created a new high for the group's market value.
Li Jianhui didn't bother to pay attention to the situation in the stock market. Anyway, the market value of these companies did not affect the company's dividends, but he was concerned about how much he could get.
This year is different from previous years. In order to have some surplus in their own hands, this year, after the major companies have made expansion plans, the excess funds of listed companies will be distributed in the form of dividends. If it is a company solely owned by him, the excess funds will be directly transferred to the Xinhui Fund account. .
Today, he went to Huihong Group on purpose. One was to lay out the group's idle capital research and development projects this year, and the other was to look at the group's annual financial statements last year to decide on dividend funds.
As an elite in the game industry that Li Jianhui personally invited back from Japan, Toru Iwatani is extremely good. He is not only talented in game development, but also outstanding in corporate management.
In the past year, Huihong Game Group has achieved very good development under his leadership, especially last year's two games, Contra and Twelve Street Fighter, were welcomed by countless game fans, and the sales on arcades were even higher. It surpasses Pac-Man, Bee and Tank Wars, even Super Mario can't compete with it.
Especially Twelve Street Fighter, because it has entered the heyday of the arcade industry, the sales volume of this arcade machine has exceeded [-] units, which is something that Super Mario has never achieved on arcade machines.
I don't know about other places. In the Xiangjiang arcade, there is no game that does not contain the game Twelve Street Fighter.
Also because of the hot sales of these two games, several other games have also achieved good sales, coupled with the continuous efforts in the home game console business, Huihong Group has achieved very gratifying results last year, coupled with the appreciation of some fixed assets, Its profit is close to 30 billion Hong Kong dollars.
However, Li Jianhui also knows that the glory of the arcade will not last for a few years, and the follow-up focus will gradually shift to home game consoles.
The real rise of Huihong Group will have to come to the era of online games. Li Jianhui has planned to let Huihong Group follow the path of TX in his previous life, which is chat software. He also plans to let Huihong Group do it, so that Huihong Group can continue to maintain its competitiveness.
At the meeting, Li Jianhui said to the group's senior management: "Excluding some additional tax expenses, our group account funds should be 18 billion Hong Kong dollars. The group will use 15 billion Hong Kong dollars as dividends this time, and the remaining funds will be used for the group's follow-up operations."
Seeing that Li Jianhui used so much cash for dividends this time, Sun Zhigang, the vice president in charge of the group's finances, immediately said: "Li Sheng, is the dividend this time too much? You also know that the construction of Huihong Building needs to continue. In addition, our group also intends to increase the layout of directly-operated stores this year, and we plan to own the property rights of these directly-operated stores, which will cost a lot of money. See if you can reserve a little more development funds for our group."
Li Jianhui is very clear about the calculations of the group's top management. At the beginning, he let them set up direct sales stores in some areas, and more importantly, let them become local distributors, which helped the group's products to sell locally.
These high-level executives actually took the opportunity to expand their own power, imitating the layout of Jingyi Electric Appliances and Hongyu Clothing, and buying the property rights of the stores as much as possible. Add value to increase group profits.
He has always been very clear about the ambitions of Huihong Group's top management. This time, allocating so much capital for dividends is also to prevent these high-level executives from thinking about expanding to other industries all day long.
"This matter has been decided in this way, and the layout of some of your directly-operated stores also needs to be adjusted. You must be clear that the main business of Huihong Group is game research and development, and channels can be established, but we are not establishing terminal channels, and this kind of store opening Too much is just a burden to us.
This year you have to make adjustments to me. In principle, only set up a large-scale directly-operated store in a city with a population of more than [-], mainly to promote our products, and transfer everything else to me. "
Although these high-level executives were reluctant, it was a pity that their arms could not twist their thighs, so they could only follow Li Jianhui's decision.
They also knew that within two years, the Xinjian Department and even Xiangjiang's largest listed company would give way.
They are very aware of Lane Crawford's stamina, and it is even the most undervalued company among the listed companies in the Xinjian family.
The other party's market value has exceeded [-] billion Hong Kong dollars today. With its expansion momentum and strong profitability, it is only a matter of time before it surpasses them.
As an industry under the Xinjian Department, Lane Crawford also has no loans in the bank, and the other party basically imposes a three-month payment period on the supplier, which makes it quite rich in its hands, although the other party cannot directly manipulate the money into the bank. The stock market has increased in value, but the other party can entrust the Securities Department of Xinjian Bank to manipulate it.
The most important thing is that because the other party is in the process of rapid expansion, Li Jianhui will not allow it to distribute large-scale dividends at all, which will naturally allow its assets to grow rapidly.
Seeing that these high-level executives were not very interested, Li Jianhui said: "I know some of your thoughts. I have a clear plan for the future development of Huihong Group. The future Huihong Group must be one of the companies with the highest market value under my umbrella. .
It's just because the time to enter a new industry is not yet ripe, and I hope you will be patient for the time being.
At present, there are enough real estate companies under my umbrella. Huihong Group should not think about entering again. If you have the energy, you might as well develop a few more best-selling games. "
As the president of the group, Toru Iwatani is also in a dilemma between Li Jianhui and the group's senior management. He knows very well that these senior management are very unwilling.
I think their Huihong Group is a company started by Li Jianhui. Not to mention becoming a top holding group company, but also like Jiayi, Jingyi Electric Appliances, and Hongyu Clothing, at least grasping the upstream and downstream industrial chains.
As a result, because of Huaxin Technology Group, they directly cut off their development path to the upstream industry chain.
Originally, I still hoped to develop the downstream industrial chain. Even if some directly-operated stores do not make much money, relying on the good location of the land and the value-added of the store, it can be regarded as an additional growth point for the group. In the end, this was also called by Li Jianhui. stop.
This makes Huihong Group quite aggrieved. Since the establishment of the group, it has been supporting the development of its brother companies. Now seeing these companies continue to expand, while Huihong Group is standing still, this makes them feel good.
Therefore, after Li Jianhui's voice fell, Iwatani Toru said: "Li Sheng, you also know the current situation of the group, there are only two main businesses, one is arcade machines, and the other is home game consoles.
These two main components are still provided by Huaxin Group, and we have no control over the pricing power at all, nor can we reduce costs on this.
If we don’t develop other businesses, I’m afraid that the group’s profit will reach its peak. It will be very difficult to increase the profit. We can’t guarantee that we can develop a best-selling game like Twelve Street Fighter every year. Please also ask Li Sheng to help The continuous rapid development of our group shows a clear path. "
……
(End of this chapter)
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