We're building a super chaebol in Hong Kong

#515 - Current situation of Hutchison Telecommunications

In the few days since returning to Hong Kong, Su Cheng contacted many Hong Kong business tycoons.

The purpose was naturally about the investment and construction of the Yangcheng to Pengcheng automobile expressway.

Su Cheng only talked about the pros and cons of this matter, and then let them consider whether they wanted to invest, leaving it up to them.

Anyway, with Guangdong Province and Baochuan Wang's side, there were already more than 300 million. Even if no other big shots invested later, Su Cheng could easily come up with the remaining hundreds of millions of funds.

However, this was not aimed at making money, and with the strength of many people, Su Cheng planned to bring in as many people as possible.

For example, Guo Desheng, Zheng Yutong, and even Li Jiacheng, Su Cheng also called.

In fact, in addition to Su Cheng informing them, Baochuan Wang also called these people.

In other words, two big shots in a row told them about this matter, making them have to pay attention to it. In the end, even if they were not interested, they had to join in the fun and show their support.

Su Cheng simply mentioned this matter to these people and then ignored it.

After all, Su Cheng mostly handed over the matter of investing in the mainland to his subordinates, such as Yang Chaoye, Wei Li, and others.

As for him, he was more suitable to be a carefree behind-the-scenes boss.

Su Cheng was unwilling to put too much effort into handling one thing, as it was time-consuming and laborious.

In the blink of an eye, the time came to March 1st.

Wei Li returned from Bangkok today.

Going to Bangkok was naturally because he was invited by the local telecommunications department of Siam to discuss the matter of mobile signal coverage.

For countries like Siam, which are neither big nor small, although the economy is not bad, the technology is completely unable to keep up with the world level.

Therefore, it is basically impossible to rely on their domestic technology companies to develop mobile signal systems.

The most direct way is naturally for domestic telecommunications companies to cooperate with Hutchison Telecom to establish a joint venture company there, and then jointly invest in a cellular mobile telecommunications system there.

After Wei Li returned to Hong Kong, he couldn't wait to call Su Cheng, who was at home.

"Boss, are you free today?" Wei Li asked on the phone.

"Yes, what's the matter?" Su Cheng asked.

"If you are free, please come to Hutchison Whampoa Group Building. I have something to tell you here," Wei Li said mysteriously.

However, Su Cheng also guessed that Wei Li was looking for him, which must be related to the mobile phone matter.

Therefore, he directly agreed.

"Mr. Wei Li, you have been very busy recently. Thank you for your hard work, running around," Su Cheng said with a smile after sitting down.

"There is no way. Hutchison Telecom is now an important money-making subsidiary of Hutchison Whampoa Group. We have to work hard. Although Mr. Landon can also go to negotiate, he is a professional and it is better to stay in Hutchison Telecom to preside over the overall situation. As for opening up overseas markets, I will personally go there. I have made a name for myself in Southeast Asia over the years, and everyone knows me better," Wei Li said with a smile while sitting in the office chair.

As long as mobile phones can be sold, Hutchison Telecom makes money too quickly. However, the sales in Hong Kong have reached a bottleneck. Wei Li has to work hard.

Although other electrical appliances are also selling very well now because of the Oracle brand experience store.

However, the prices of these electrical appliances are relatively transparent, and the technology is very mature. Therefore, in terms of profit, they cannot be as profitable as mobile phones.

Therefore, Wei Li's recent focus is mainly on Hutchison Telecom.

For this reason, he did not hesitate to work hard, running around to open up more mobile phone markets.

"How are the sales in Hong Kong now?" Su Cheng asked.

Since sales fell below 2,000 units, Su Cheng has not paid much attention.

Therefore, he did not know how many Yunsheng S1 mobile phones were sold in all the business halls of Hutchison Telecom yesterday.

"Not much. The 16 business halls only sold 288 units yesterday, with an average of only 18 units sold per business hall throughout the day. Sales have fallen too fast," Wei Li said helplessly.

The Hong Kong market is so big, and there are only so many rich people. It is normal to be difficult to buy in the later stage.

"Then, do you have any good news during your business trip these days?" Su Cheng continued to ask.

"I just came back from Bangkok. Of course, there is good news. Bangkok has signed a cooperation agreement with me. The two parties will jointly invest in building a cellular mobile telecommunications system that can cover the entire city center in Bangkok this year. They are relatively straightforward and even hope that we can build it there as soon as possible and become a city that can use mobile phones as soon as possible;

In addition, I also received guests from London and Singapore in Hong Kong last week. After the persons in charge of both parties understood the use of mobile phones here, they decisively signed a cooperation agreement with Hutchison Telecom.

In addition to these three places, there are also some interested cities, but they have not yet made up their minds. With more negotiations, there is a high probability of taking these markets down," Wei Li said with a smile.

Wei Li is still very satisfied with this.

After all, the Yunsheng S1 mobile phone has not been released for long, and it has only been more than a month since the mobile network covered Hong Kong. It is already very good to have won three markets in such a short period of time.

No, it should be said that four more markets have been won, because in addition to the above three markets, there is also a market across the sea from Hong Kong, Haojing.

It's just that the market size of Haojing is relatively small.

Small also has its advantages. The government there did not even require Hutchison Telecom to cooperate with them, without sharing any profits, but directly let Hutchison Telecom invest there.

"How is the construction progress in Haojing?" Su Cheng continued to ask.

"In Haojing, because the area is relatively small, there is not much construction work. According to the latest engineering progress reported to me, it can be completed as early as next week. After testing the signal for a few days, if it is normal, we can start selling there. The business halls are also being renovated. We plan to build three business halls in Haojing. For the time being, it is enough. If there is a need in the future, we will continue to increase the number of business halls," Wei Li quickly said the information he had learned. (End of this chapter)

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