“All the 90 million shares under the custody of HSBC are transferred to Zhongyu Foundation, which now holds 30% of the shares, and is already the first shareholder of Hehuang, and now HSBC proposes that Mr. Qin Yu be the chairman of the board of directors of Hehuang Xin!”
After hearing this news, he and Huang’s management were shocked, the outside world is rumored that Li Jiacheng wants to buy Hehuang, why is Shen Yi now giving Qin Yu a platform?
Looking at everyone’s surprised reaction, Qin Yu introduced with a smile
“Guys, I am Qin Yu, the head of the Zhongyu Foundation, in the future, all kinds of industries of Hehuang will still be managed by the board of directors, the Zhongyu Foundation only holds a controlling position, and I am also nominally the chairman of the board of directors of Hehuang, and the real management and Huang depend on you!”
After Qin Yu finished speaking, his eyes looked around the audience, and at this time, a foreigner took the lead in applauding, and the rest of the executives nodded and applauded.
There was no objection from anyone on the board, and the entry of Zhongyu Foundation and Huang was a foregone conclusion.
Qin Yu controlled Hehuang because he took a fancy to Hehuang’s land and Kwai Tsing Port Wharf, and Hehuang purchased a lot of land in Central as a powerful foreign bank.
In the future, Li Ka-shing’s Cheung Shi Building stood in the heart of Central, and together with HSBC and BOC International, it was known as the three landmark buildings of Heungjiang.
If it had not been for the acquisition of Wo Wong in 1979, Li Ka-shing would not have been qualified to build the headquarters of Changshi in the Central District, after all, it is a lot of land!
On the board of directors, Shen Yi pulled Qin Yu to introduce everyone, and when it was the turn of the foreigner who took the lead in applauding, he also deliberately paused.
“Wei Li, let me introduce you, this is Qin Sheng. From now on, he will be your top boss. ”
“Qin Sheng, this is Wei Li, the president of Hehuang, he has been taking care of Hehuang in recent years, I hope you can stay in Wei Li.”
After briefly introducing the two sides, Qin Yu got to know President Wei Li, who was known as the “company doctor”.
At this time, Shen Yi continued:
“Hehuang has had various problems since the 60s, and the Qi Dezun family specially hired Wei Li, a professional manager, to manage Hehuang, and it can be said that Hehuang has survived to this day thanks to Wei Li.”
Now Qin Yu naturally wants to retain the other party, after all, such a big company has to be exhausted if he really lets himself manage it.
“President Wei Li, Zhongyu Foundation is only holding Hehuang, and if you manage the company, it still depends on you, I hope you can stay in Hehuang.”
Just praised by Shen Yi, Wei Li was still a little embarrassed in front of Qin Yu.
“Qin Sheng, thank you for keeping me, but I still have a lot of responsibility for falling to this point with Huang…”
According to the stock price, the market value of Hutchison exceeds 6 billion Hong Kong dollars.
This volume can be said to be one of the most valuable companies in Heungjiang, and Hehuang is a monopoly British asset industry.
It stands to reason that as long as you don’t make a profit, it’s absolutely fine, and it’s a bit embarrassing to get to this point now.
Wei Li was indeed ashamed, but Qin Yu did not PUA the other party.
“Wei Li, the decline of Hehuang began with the blind investment and expansion of the Qi Dezun family, draining Hehuang’s blood, this is a big problem with the direction of development, and it has little to do with you, the manager.”
“However, Zhongyu Foundation settled in Hehuang decided to change the direction of development, first develop real estate, and develop all the land of Huangpu Dock into real estate for external sales, which is the most important source of cash flow.”
“Secondly, to use the power of Qingzhou Yingxi to develop the infrastructure industry, it is best to contract the construction project of piers 8 and 9 of Kwai Tsing Port and monopolize the infrastructure industry of the entire Xiangjiang.”
“The third is retail supermarkets and property management, so that ParknShop supermarkets can open all over Xiangjiang and even enter the mainland!”
The three-step plan that Qin Yu made for Hehuang was similar to what Li Jiacheng did in the future.
He Huang has been losing money for many years, and the first task is to make a profit, and the Xiangjiang property market happens to be a cash cow.
Whampoa Dock has been abandoned for so long, it is simply used to develop real estate, and all the pre-sales, off-the-plan sets are used, and Huang’s cash flow is not there!
Ilha Verde, on the other hand, is used to monopolize infrastructure.
At this time, Heung Kong Kwai Tsing Port was the largest port in the world in terms of cargo throughput, but it only had seven terminals, and the Heung Kong government had decided to develop the remaining two.
Qin Yu monopolized the raw materials of Xiangjiang River Sand, and the Hong Kong government could only contract the wharf to Qingzhou Yingxi to build it.
Now Hehuang already owns three terminals in Kwai Tsing Port, and if you add the two terminals contracted later, five of the nine terminals in Kwai Tsing Port are controlled by themselves.
At that time, the entire freight trade of Xiangjiang will be up to itself, and even Li Jiacheng will not be so good in the future.
Sitting on the wharf to collect rent, this is a profitable business!
In addition to land and infrastructure, Hutchison also owns ParknShop Supermarket, Watsons and other industries, and Qin Yu plans to spread the retail industry throughout Xiangjiang.
Let the people of Xiangjiang buy Hehuang’s real estate, visit Hehuang’s supermarket, and take care of all clothing, food, housing and transportation, and Xiangjiang citizens are inseparable from Hehuang from life to death.
“Qin Sheng, this is your three-step plan? I have to admit that you are more familiar with Hehuang than me, what a shame…”
Qin Yu didn’t say it was okay, as soon as he said his plan, Wei Li was even more embarrassed.
He had been with Huang for so many years, and he was stunned that he did not think about how to develop Huang’s industry.
Now Qin Yu’s words made Wei Li feel like he was seeing the clouds.
Shen Yi was also shocked when he listened, it seems that this kid really has something, and he explained the development plan of Hehuang clearly in a few words.
“Qin Sheng, I didn’t expect you to know so much about Hehuang, one hand of real estate, one hand of infrastructure, one hand of retail property, basically plan the future of Hehuang.”
“It’s really true that HSBC sold 90 million shares to Zhongyu Foundation, you are the most suitable person to take over Hehuang!”
Shen Yi is only now relieved that Qin Yu has the ability to take He Huang out of the predicament and return to the stage of rapid development.
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