The Wealth Empire Crossing the Hong Kong

Chapter 428 Donghua Petrochemical
"Jianhui, it's really rare. We often go to Xiangjiang. It's really hard to think of you going to Taipei once."

For Gu Zhenfu's words, Li Jianhui was not very good at responding. In his travels, he often had to consider not only economic factors, but also political factors.

Under normal circumstances, if there is no major event, he will not travel frequently to an area to avoid unnecessary trouble.

If it weren't for the situation this time, he wouldn't have thought of leaving Xiangjiang to inspect its industries in various places.

Lin Tingsheng said with a smile: "Jianhui, don't say anything if you haven't come, since you're here this time, you must stay here for a few more days, and at the same time provide advice for the follow-up development of our enterprises.

Another issue is the petrochemical industry. Our preliminary plan is to jointly invest in Formosa Plastics Holdings, Cosmos Holdings, Huaxin Holdings, and Hsinchu Bank to establish Donghua Petrochemical Group, which mainly produces gasoline, diesel, ethylene, and asphalt. In addition, we hope that Hsinchu A joint venture between the bank and Watsons, relying on the scientific research resources of several universities in Hsinchu, to establish Xinyan Cosmetics Company. "

Now the industry among the members of the Donghua Association can be said to be that you have me and I have you, one is prosperous, and the other is damaged. Although the Xinjian Department will also establish a petrochemical group, this does not affect Li Jianhui's support for Donghua Petrochemical Group. Develop and grow.

Moreover, Li Jianhui has now decided on the name of the petrochemical group to be established. Lin Tingsheng and others named the one on the Baodao side Donghua, and his own side was named Nanhua.

At that time, the two groups will cooperate with each other and compete in a healthy manner to jointly develop the petrochemical industry market in Southeast Asia and Greater China.

Especially in the mainland market, Li Jianhui, who has been reborn, wants to knock on the door to see if he can change the situation of monopolizing the market with three barrels of oil in his previous life.

Moreover, the development and growth of Donghua Petrochemical Group will also have huge benefits for the oil company under Xiangjiang Energy. The crude oil extracted there will have an additional stable customer.

Therefore, Li Jianhui put forward a lot of opinions on the development plan of Donghua Petrochemical Group.

In terms of technology, the economies of Western Europe and North America are currently sluggish, which provides convenience for them to dig technicians and purchase related technologies.

On the sales side, Donghua Petrochemical Group focuses on the markets of Baodao, Thailand, and the Philippines, and expands the market layout in these places, so that the automobile fuel produced by Donghua Group will become the dominant player in the two places.

As for entering the mainland market, Li Jianhui did not mention it for the time being. After all, this company is headquartered in Taiwan. Due to the impact of Taiwan's policies, it is not yet possible to enter the mainland market.

On the mainland, the soon-to-be-established Nanhua Petrochemical Group is still exploring the way. With Nanhua Petrochemical as an example, it will be much easier for Donghua Petrochemical to enter in the future.

After discussions between Li Jianhui, Gu Zhenfu and others, the registered capital of Donghua Petrochemical Group was 30 million Taiwan dollars, and the total capital injection of all parties was 30 billion Hong Kong dollars. %, Datong Holdings holds 20% of the shares, Huaxing Group holds 15% of the shares, and Ting Hsin Group holds 15% of the shares.

Headquartered in Taichung, the group has Formosa Plastics leader Wang Yongqing as the chairman and president, who is fully responsible for the establishment and follow-up management of Donghua Petrochemical Group.

"Brother Lin, Brother Gu, Jianhui, Yishou, Yingzhou, although I will manage Donghua Petrochemical, you also know that I don't have much experience in this industry. You don't want to be a shopkeeper, but also develop for the group from time to time. Make some suggestions."

"Uncle Wang, we are well aware of your ability. I am very relieved that Donghua Petrochemical will be managed by you. I believe that under your leadership, Donghua Petrochemical will definitely become a world-class petrochemical group in the future."

After Li Jianhui's words fell, Gu Zhenfu and Lin Tingsheng also expressed that they didn't understand this business and believed that Wang Yongqing could develop Donghua Petrochemical well. At the same time, they would use their influence to help Donghua Petrochemical develop the market.

With the development in the past few years, whether it is Gu Zhenfu or Lin Tingsheng, there are many industries under their banners, and these industries are still expanding at an accelerated rate.

As for Lin Yishou and Wei Yingzhou, the prestige of these two is still a little bit worse, and they also have relatively few shares in Donghua Petrochemical Group, so they have no ability to intervene.

Li Jianhui also seemed to feel that it was unethical for everyone to dump Donghua Petrochemical Group to Wang Yongqing, so he suggested:
"Uncle Wang, Brother Wen Yang seems to have a doctorate in chemical engineering. In the past few years, he has also shown his management ability in Formosa Plastics. You can definitely ask him to work as your assistant at Donghua Petrochemical to help you manage the affairs of Donghua Petrochemical. .”

Wang Yongqing said a little speechlessly: "Jianhui, Uncle Wang is getting older now, and he will use his spare energy in Donghua Petrochemical to contribute to the development of our Donghuahui industry.

But Formosa Plastics is the root of my family. After the establishment of Donghua Petrochemical, I will not have much energy to manage Formosa Plastics. Wen Yang is needed there. "

In fact, Wang Yongqing also understood the meaning of Li Jianhui's words, that is, he planned to hand over Donghua Petrochemical to Wang Wenyang in the future.

It's just that Wang Yongqing is not willing to let his son manage this place. After all, Formosa Plastics is the foundation of the Wang family. As the heir of the Wang family, Wang Wenyang still focuses on Formosa Plastics.

Li Jianhui also met Wang Wenyang a few times. This ability is still good, but Wang Yongqing is unwilling, and Li Jianhui has nothing to do.

He could only back off and say, "Since Uncle Wang already has some plans for the future, let's not mention Brother Wen Yang, I will ask the general manager of Xiangjiang Petroleum Company of Xiangjiang Energy Group to come over and be your deputy.

It’s just that Uncle Wang also knows that the stalls under my banner are a bit big, and there is a shortage of talents. I heard that sister Xuehong has graduated and has a master’s degree in economics. You think it’s better to let her be the assistant to the chairman of Hsinchu Bank. In [-], I transferred Zeng Xia, the current chairman and president of Hsinchu Bank, to another place. "

Before Wang Yongqing could respond, Lin Tingsheng said: "My niece Xuehong's ability in the younger generation is unquestionable. I very much agree with Jianhui's opinion to let my niece go to Hsinchu Bank to work,"

"Jianhui, brother Lin, I know what you think. Since I, Wang Yongqing, have chosen to join the Donghua Association, Formosa Plastics and the industries under the Donghua Association have been tied together. There is no need for this at all.

Xuehong does have some talent, but she just graduated, how can she be able to lead the development of a company.

Especially Hsinchu Bank, which is one of the five major banks in our Tung Wah Club’s internal joint venture, owning shares in many groups such as Tatung, Formosa Plastics, Formosa Cement, Huaxing, Ting Hsin, Taipei MRT, Hsinchu Technology, and Hon Hai Technology.

If Jianhui really thinks that Xuehong's ability is not bad, I hope Xuehong can go to Whampoa Holding Group to work as an assistant to Liu Xiaoyan for two years. "

Naturally, Li Jianhui would not refuse Wang Yongqing's proposal. Although Liu Xiaoyan already had Li Chunrong as an assistant, it was okay to have one more Wang Xuehong.

The main problem facing the Donghua Association now is that Gu Zhenfu and others are relatively old, while Li Jianhui is very young. This also makes Li Jianhui very hopeful that the next generation such as Gu, Lin, and Wang can grow up as soon as possible and integrate into the Donghua Association. , so as to ensure the long-term stability of Donghua Society.

At the same time, Li Jianhui also heard of Wang Xuehong in his previous life. This is a well-known entrepreneur in Taiwan, and his ability is beyond doubt. This is the main reason why he proposed to let Wang Xuehong take over Hsinchu Bank.

Since Wang Yongqing didn't think it was suitable, he didn't force it. It would be better for Wang Xuehong to be Liu Xiaoyan's assistant. In the future, this elite might work for the Xinjian Department.

(End of this chapter)