People in Hong Kong create super chaebols

Chapter 331 Expand more territory at the minimum cost
Li Yihui, Wei Li and Bertha Gall then discussed many detailed issues in detail and hurriedly left the Hutchison Whampoa headquarters building.

Today, he will still go to Lamma Island because the refinery there currently has some matters that he needs to handle personally.

Anyway, there are telephones on Lamma Island, so I will discuss this matter with my boss Su Cheng when the time comes.

Seeing Li Yihui leaving, Wei Li and Bertha Gall did not leave the office, but continued to discuss their internal matters.

There is basically nothing wrong with this matter. Wei Li has been in contact with Su Cheng during this period and knows his character. He believes that Su City will support them in this matter.

Therefore, another thing that Weili and Bertha Gall are currently discussing is how to expand the gas station!
"Mr. President, this is the gas station location map I brought. It has the most detailed locations of our company's gas stations marked on it." Bertha Gall took out a very large map, and then placed it in Weili's office. Spread out on the table.

This map is rectangular, with the middle as the boundary, the maps of Xiangjiang and Haojiang on the periphery, and the maps of Malaysia and Singapore on the right.

The maps of Xiangjiang and Haojiang are mainly urban areas. After all, Xiangjiang and Haojiang themselves are not far apart, and the areas of the two cities are not large.

Therefore, on the map, the location of the gas station is even marked on the side of the road.

For example, Wei Li can clearly see that there are Hutchison gas stations in Tsim Sha Tsui, Yau Ma Tei, Hung Hom, Mong Kok, Sham Shui Po, Kwai Chung, Wan Chai and other places.

For example, on the Haojiang side, Ruins of St. Paul's, A-Ma Temple, and Taipa Island each have a Hutchison gas station.

Haojiang is a small area, so three gas stations are basically enough. After all, the current population of Haojiang is only 24. With this population, three gas stations are more than enough. Besides, there are also ExxonMobil gas stations in Haojiang. It is a gas station, so there is no need to expand on the Haojiang side.

But here in Xiangjiang, in addition to the Hutchison gas station marked on the map, other gas stations are also marked.

There are now a total of 86 gas stations in Xiangjiang, including 21 Hutchison gas stations and 26 Exxon Mobil gas stations. The rest are private small-brand gas stations, with a total of 39 small-brand gas stations.

Weili looked at the map carefully, and Bertha Gall said at the side: "Mr. President, since last month, except for Hutchison Gas Station and Exxon Mobil Gas Station, other small brand gas stations have suspended their service to the public. Regarding fuel supply, as of the end of October, all small-brand gas stations have been temporarily closed. Not only that, even Exxon Mobil has temporarily closed 10 of their gas stations due to insufficient fuel supply. In order to save manpower, , so, in fact, there are currently only 8 gas stations operating normally in the entire Xiangjiang."

There are only 86 gas stations operating normally out of 39 gas stations. Compared with before, less than half of the gas stations are in operation. It is no wonder why Hutchison gas stations have been so busy this month.

As long as Tianwen Petroleum Company has sufficient oil supply, it is indeed the best time for Hutchison Gas Station to expand.

They grabbed all the remaining gas station business. After the oil crisis was over, these gas stations wanted to continue operating, but found that their market share had already been taken away.

Hutchison Gas Station implements a membership system and offers discounted prices for members. Basically, people who come to Hutchison Gas Station to refuel have a very high stickiness to Hutchison Gas Station.

Therefore, it will be very difficult for them to regain market share after the oil crisis is over.

This is also the reason why Hutchison Gas Station has always had a stable business. It has loyal users and is not afraid of running out of money.

Before the oil crisis, ExxonMobil held the largest share in Xiangjiang and was the largest gas station chain in Xiangjiang.

With the outbreak of the oil crisis, ExxonMobil's oil storage capacity in the Far East was insufficient, so it could only close some gas stations. This led to Hutchison gas stations surpassing ExxonMobil for the first time and becoming the largest gas station in Hong Kong. The largest gas station chain brand.Looking at Malaysia, the current population of this country is more than 300 million, which is about three times the population of Xiangjiang.

Compared with Hong Kong, Malaysia has a vast land area of ​​33 square kilometers, so it has many gas stations, more than 300.

There are only 26 Hutchison gas stations in Malaysia, and their share is less than one-tenth of Malaysia’s!

At present, the situation in Malaysia is similar to that in Xiangjiang, but Malaysia is also an oil-producing country, so the severity of oil shortage there is not as serious as other places.

Despite this, Malaysia's current annual oil production is only 1 million barrels. This year's production is not as much as the oil stored in Sioux City.

The Malaysian economy is dominated by resource exports, such as oil palm, cocoa, petroleum, etc., of which petroleum has only begun to rise in recent years.

Malaysia's economy is in the stage of take-off, so it attaches great importance to the export industry. Now that oil prices have soared, it will naturally take the opportunity to make money.

Therefore, most of the crude oil mined in Malaysia every day is sold to major international oil companies, such as the several oil branches in Singapore.

Because of this, Malaysia’s domestic fuel supply is still somewhat lacking.

High oil prices have also resulted in some small private gas stations being unable to purchase oil, and in the end they had no choice but to close temporarily.

Therefore, there are currently more than 300 gas stations in Malaysia, but only about [-] are in normal operation.

This is also a big opportunity for Hutchison Gas Station.

As for Singapore, let’s not mention it. As the world’s three largest oil refining center, there will naturally be no shortage of oil.

Therefore, on the current map, both Hong Kong and Malaysia are suitable for Hutchison Gas Station to expand.

As for Indonesia and Siam, Hutchison Petroleum Company currently does not have gas stations in these two countries, so Bertha Gall is not clear about the situation there.

"In this case, then we will think of ways to expand in Malaysia and Xiangjiang. As for Indonesia and Siam, we will wait until the situation is investigated clearly before making plans. If we have the energy, we can make plans for more countries in the future. "We, Hutchison Whampoa Group, are determined to be a large international enterprise. Our business must not be limited to Xiangjiang and nearby areas. We must have a presence in places such as Europe, America, South Asia, etc., and now is also a good time!" Wei Li After looking at the map, he said seriously.

"Mr. President, if such a large-scale layout requires a lot of funds, then our company must not have enough funds at present, right?" Bertha Garr said helplessly.

Before Hutchison Petroleum took over in Sioux City, it was basically wiped out by the Hutchison Whampoa Group.

It has only been three or four months since Sioux City took over the Hutchison Whampoa Group. In such a short period of time, although Hutchison Petroleum Company has made a lot of money, it is certainly not enough to expand.

"So, it's best to expand more territory at the minimum cost!" Weili held his forehead with one hand and said thoughtfully.

(End of this chapter)