Through the wealth life

Chapter 546 Recuperation
After Zhang Ziyu left, Li Guangyu called Gan Qin and went to Wheelock Group together.

Ever since Guo Qingya took over the leadership of Hui Defeng, the group has continuously started to sell, sell and sell. As a result, a group with a market value of nearly 40 billion Hong Kong dollars at its peak has dropped sharply to less than [-] billion Hong Kong dollars in assets.

One is that at the peak in 81, the market value of the stock market was inflated, and Wheelock's own assets obviously did not have that much.

Secondly, some subsidiaries were transferred to other groups under the Li family, and Guo Qingya did not hesitate to sell off the group's ships and properties at a lower price, which also resulted in a large loss.

However, Wheelock Group now has ample liquidity. They have over 25 billion Hong Kong dollars in cash in their finances. Except for some important assets that Wheelock Group needs to keep, Guo Qingya has sold all that can be sold.

In the meeting room of Wheelock Group, Guo Qingya, Bai Jiangting and other high-level executives were waiting for Li Guangyu's arrival.

After the Li Group's high-level meeting was held in May, it was the first time after more than a month that these high-level leaders met with Li Guangyu collectively again.

They all thought that Li Guangyu had forgotten Wheelock Group. After the high-level adjustment, Li Guangyu first went to Jiayi Group, followed by Air Transport Group, Hongyu Clothing Group, etc., but they never came. Defeng Group.

This makes these high-level managers quite disappointed. Wheelock used to be one of the four major foreign firms, but now it has become what it is now under the Lee Group, which makes their high-level leaders feel very shameless.

It's just that Li Guangyu personally decided on the group's sale of properties and ships, and they didn't dare to complain. They just hoped that such days would pass sooner.

The other groups under Li's group are all working hard to expand. Only Wheelock Group is not expanding, and it is still shrinking the group's industry, making it incomparable with Xiangjiang Telephone Group.

They can only envy Starlight Real Estate Group's ability to continuously develop new properties in Taiwan, while Wheelock, which also focuses on real estate, currently has no plans to develop new properties.

After Li Guangyu and Gan Qin walked into the conference room, Guo Qingya reported to Li Guangyu on the current situation of Defeng Group.

After Li Guangyu stopped his report, he said to those present: "I am very satisfied with the development of Wheelock since the adjustment of the group's position last month. Very solid liquidity."

Only Guo Qingya and Bai Jiangting, the vice chairman and vice president of the group's board of directors, knew Li Guangyu's specific plan, and the other high-level executives only had a half-knowledge about it.

Although the group has a lot of cash in their hands, the market value of the group has decreased instead, and they are not very happy.They all hope that the market value of the group they work for is as high as possible.

It's good to come to Wheelock, people always make the group bigger and bigger, but now they are doing the opposite, the group size is getting smaller and smaller, which is not very honorable in their resumes.

Wheelock Group has undergone a major change in the high-level adjustment this time. In addition to the chairman of the shipping company, some high-level executives from Wheelock Properties have exchanged with Star Properties. All the presidents were transferred in from the outside, and a vice president who was promoted internally by Wheelock was also transferred to Starlight Real Estate Group.

This also further strengthened Li Guangyu's control over the group. After the previous acquisition of Wheelock Group, Guo Qingya single-handedly came to Wheelock Group for some reasons. Some managers of Wheelock Group believed that they had qualifications and People's connections greatly discounted some of the things Guo Qingya ordered.

When Li Guangyu made personnel adjustments last time, he specifically cleaned up the Wheelock Group and dismissed several high-level executives of the Wheelock Group.

Li Guangyu then made an arrangement for Wheelock's development plan for this year. After Li Guangyu finished speaking, the executives of Wheelock Group were very surprised.

They didn't expect that this year is only halfway through, and they will not have many tasks this year.Li Guangyu's task for Wheelock this year is to recuperate and recuperate, yet he has no plans to open a business for a whole year.Moreover, the working capital of the group will also be diverted and used for other investments, which makes them quite unacceptable.

Li Guangyu knew that even after the property market crashed, the price would not fall to the bottom in a short time. This year, there was no chance to buy the bottom. It would be a waste to put this money into the group account.

Li Guangyu intends to put the funds in the investment company. He plans to ask Guo Fengtao and the others to start shorting the Xiangjiang stock market again in early September. If they are lucky, the 25 billion Hong Kong dollars will be doubled by then.

Even if these high-level executives had too many opinions in their hearts, they could only listen to them. Wheelock Group was solely owned by Li Guangyu, and they didn't need their consent to what Li Guangyu wanted to do.

Li Guangyu said: "I know that some managers have some thoughts in their minds. Please rest assured that Wheelock will be one of the key development groups under our Lee Group in the future. In the future, Heung Kong will be dominated by Wheelock Group. Apart from Tianshuiwei, Starlight Real Estate Group will not be too involved in the development of the Xiangjiang real estate industry. You should also know my views on the Xiangjiang property market, and the return of funds this time is also a bargain in the future."

Listening to the reassurance given by Li Guangyu, these high-level executives finally feel relieved. In the future, their own group will not need to compete with Starlight Real Estate Group for resources when developing in Xiangjiang, which will be of great benefit to them.

There may be problems in the Xiangjiang property market this time, but they believe that the Xiangjiang property market will climb to a new height after several years of troughs like it did in 74. It can be seen from Li Guangyu's plan to buy bottoms. Very optimistic about Xiangjiang real estate.

Guo Qingya said: "Li Sheng, we will unswervingly implement your plan. In the next six months, we at Wheelock will focus on stable development and suspend the development of real estate, waiting for your new orders."

Guo Qingya doesn't care about the decrease in the market value of Wheelock Group now, and it doesn't have any impact on her.

Moreover, once the property market hits a low point, the Wheelock Group will have a large amount of capital injection, and the ownership of the Lee Consortium's new building costing more than 60 billion Hong Kong dollars will be assigned to the Wheelock Group. In the future, the market value of the Wheelock Group will Over [-] billion is easy.

After the meeting, Li Guangyu intentionally left Guo Qingya and the five vice presidents behind.

Li Guangyu said to them: "Wheelock Group does not have a lot of business now, so you have to straighten out the affairs of Wheelock Group. When the expansion is accelerated next year, you will be able to handle it with ease."

Since the five vice presidents were all newly transferred, although they used to work in Starlight Real Estate Group and Xingyue Real Estate Group, they were no strangers to real estate.

But Wheelock still has a major pillar of the shipping company. Even if Guo Qingya reduces the size of the ships to more than [-], there are still a lot of affairs, especially for those who used to be engaged in real estate.

Fortunately, the Wheelock Group does not need to expand now. It is enough to have the chairman of the shipping company in charge of the affairs of the shipping company and some supporting subsidiaries. This chairman is specially invited by Li Guangyu from his father-in-law's shipping group.And these high-level executives now want to understand more about shipping affairs, so as to facilitate their management in the future.

(End of this chapter)