Through the wealth life

Chapter 1248 The Arrival of Spring

Chapter 1248 The Arrival of Spring

The adjustment of Jiayi Group is still very big this time. After Priscilla Chan and Vivian Chow leave, the record company will mainly promote Lin Yilian, Guan Shuyi, Liu Meijun, and Kwong Meiyun.

The film and television company will mainly recommend Yuan Jieying, Li Meixian, Zhou Haimei, Li Lizhen, Luo Meiwei and others.

Li Guangyu didn't pay much attention to the affairs over there. During this period of time, his focus was on the layout for next year.

There will be earth-shattering changes in the world structure in 1989, and it will also be a head-to-head contest between their Asian capital and American capital.

This time it is not just a duel in the stock market, but multiple industries such as retail, automobiles, semiconductors, electronic products, and the Internet industry are making efforts at the same time.

Although the major markets are calm at present, they are secretly accumulating strength to make sufficient preparations, waiting for the arrival of spring. The spring of 1989 is bound to set off turbulent waves.

At the year-end summary meeting in 1988, all the major groups and independent companies delivered good results. Donghua Trading Co., Ltd. made a sudden breakthrough this time, and its profit directly entered the top ten of the Li's consortium.

Last year, Hengyu Supermarket Group was still the most profitable of the Lee Consortium. Even if the group was split into three, there was still no group that could shake its No. [-] position.

Last year, Hengyu Supermarket Group's turnover once again exceeded US$200 billion, ranking third in the global retail industry with a turnover of US$235 billion.

Sears ranked first with a turnover of US$539 billion, Kmart ranked second with a turnover of US$286 billion, and Wal-Mart ranked fourth with a turnover of US$196 billion. The fifth place is Carrefour, reaching 165 billion US dollars.

At present, the king of the global retail industry is still Sears, especially after Sears changed the helm in 1986, the turnover soared from 1986 billion U.S. dollars in 220 to 1988 billion U.S. dollars in 539, more than doubled , according to the current growth trend, no one can threaten its dominance in a short period of time.

Last year, the net profit of Hengyu Supermarket Group reached more than 35 billion US dollars. The facade independently reduced their operating costs, making the net profit of Hengyu Supermarket Group much higher than that of Kmart.

Ranked second is Starlight Real Estate Group, whose net profit reached 1988 billion US dollars in 32, which is also the year with the highest profit since Starlight Real Estate Group was established.

The third place is Tung Wah Trading Company, which earned 26.5 billion US dollars for Li Guangyu last year.

The fourth place is the Star Moon Real Estate Group, whose net profit last year reached 23 billion US dollars, and this profit is the profit shared by Li Guangyu's 67% shares.

When Li's consortium arranges profits, it always counts the net profits that Li Guangyu can share.

Ranked fifth is Eastern Semiconductor Group, with a net profit of 18 billion US dollars.

Ranked sixth is Xingyu Game Group, whose net profit reached US$17 billion last year.

Ranked seventh is Xiangjiang Air Transport Group, which brought 16.8 billion US dollars to the Lee consortium.

The eighth place is Bentley Group, which brought Li Guangyu a profit of 14 billion US dollars.

The ninth place is Feiyu Group, which brought $13.7 billion to Li Guangyu.

The tenth place is Xiangyu Culture Group, which brought Li Guangyu US$12.6 billion.

Li Guangyu's profit calculation here does not count the extra expansion funds that Li Guangyu gave them. Whether it is the purchase of airplanes or stores, these will not be deducted from the profit. Otherwise, Xiangjiang Airlines will not have so much net profit every year.

As for Xingguang Real Estate and Xingyue Group not winning against Hengyu Supermarket Group, the main reason is that they calculate their profits every year, and only handed over funds to Li Guangyu last year, so they paid a lot of money, but their profits were not so ridiculously high.

Listening to these profit reports, Li Guangyu was in a very happy mood. After ten years of planting trees, it is finally bearing fruit, and he can collect a lot of money every year.

In addition to the development funds reserved by major groups this year, Li Guangyu was able to collect 210 billion US dollars this time.

Adding in the 300 billion US dollars in his hand, he has 510 billion US dollars, which is also the biggest bargaining chip against the American consortium this year.

At the meeting, Li Guangyu said: "This year is an eventful year, and our Li's industry will also face huge challenges. After crossing this threshold, we will be able to swim freely in the future. If we can't cross it, I'm afraid In the end, we can only stick to the market in the Greater China region, so this year, everyone must work hard to lead the development of the group."

The high-level executives present are well aware of the current situation. The retail war in Canada has already begun. The four major groups of Hengyu, 7-11, Shenandoah, and South China Electric Appliance Chain have opened many stores in Canada at the same time, and they are carrying out promotional activities. Crush the Walmart, Sears, Kmart, and Costco markets.

This time, in order to suppress the US retail industry, the South China Electrical Appliances Chain Group cooperated with several Japanese electrical and electronic groups to launch sales in the Canadian market, and the price is relatively low, in order to kill the US electrical retail.

Moreover, Ito Yokado and Carrefour are also conducting promotions, and together with the Lee Consortium Retail Group, they are besieging American retail companies in the Canadian market.

The U.S. market is not calm either. Since New Year’s Day is also the Gregorian New Year, several major retail groups of the Lee Consortium are also doing activities in the U.S., and the Bentley Group has also teamed up with several major Japanese auto groups to launch a huge publicity campaign there. Top artists from Xinghong Sports Group and Jiayi American Artists Company are also helping out.

Du Yuemei said at the meeting: "Our major executives must take their responsibilities, especially our North American managers. This year's main battlefield for market competition is in North America. Zhao Sheng must coordinate the development of the major groups so that all Large groups can form a joint force, so that our products can better capture the North American market.

The heads of North America of the major groups must obey the arrangement of the executive officer and carry out unified planning for development, so as to make the layout of our major industries more reasonable and more competitive. "

This year, Li Guangyu's real market competition will be in North America, focusing on the US and Canadian markets. In terms of stock market, it will be in Japan, which will be the arena for Asian capital and American capital.

Zhao Yu, who is in charge of North America, is also feeling tremendous pressure now. This is the first time that the Lee Consortium is the main force in a head-to-head contest with the American consortium. He has no certainty about the future outcome.

Zhao Yu is very clear about the strength of the American consortium. In the past, several major Japanese consortiums were at the front, and they also made an assist from the back, which did not put too much pressure on them.

This time is different. In the retail market, the Lee Consortium will face opponents such as the Chicago Consortium, the California Consortium, and the Boston Consortium. None of these consortiums is weaker than the Li Consortium, and this time it is still at the opponent’s home court. The difficulty is not ordinary.

Zhao Yu is very clear that once he loses in the North American market this time, he will not have a good time, and he will definitely become a scapegoat at that time. His best choice is to take the blame and resign.

The only thing that makes him feel lucky is that the focus of the siege this time is on the Canadian market, which is the Commonwealth of Nations. Compared with the American retail groups, the major retail groups under the Lee Consortium will not have too much weakness, and the products are more cost-effective than the American ones. It's far from it.

As the director of the internal trade coordination office of Li's consortium, Li Xuelan once again emphasized the cooperation of the major groups, requiring the major groups to strengthen communication and contact, and use several major retail groups as a platform to accelerate their own development.

……

(End of this chapter)

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