Through the wealth life

Chapter 723 Li Chengwei

Li Guangyu has been constantly running around Southeast Asian countries this month, and as time passed, Li Xuelan became completely busy. The first supplier conference jointly hosted by Hengyu Supermarket Group and Watsons is about to be held.

In these two days, various product suppliers continued to arrive. Rich businessmen such as Kuok Henian from Malaysia, Li Chengwei, Chairman of Nanyi Group, and Lin Tingsheng, Chairman of Baodao Datong Group also went to Xiangjiang to attend the supplier conference in person.

This conference did not choose to be held at the Peninsula Hotel. The Lee Consortium already had its own hotel group, so such events within the group would naturally be held at the Regal Hotel in Central.

Starting from the 24th, the Regal Hotel in Central has been closed to the public, and it mainly receives guests who come to attend the conference.

On the morning of the 24th, Li Xuemei came to Hengyu Supermarket Group in person, held a group high-level meeting, and made arrangements for the supplier conference.

Li Xuemei said: "These two days will come to our supermarket group's main product suppliers one after another. Our group administration department must do a good job in reception. At the same time, our hotel has to make special arrangements, especially for safety issues during this period. We The security department of the group will select some people to cooperate with the security department of Regal Hotel to ensure that the conference can be held safely and smoothly."

"Our group has already made arrangements. At the same time, we have also communicated with Regal Hotel. We will pay more attention to security and food safety to ensure that there will be no accidents in this event."

Li Xuelan also attaches great importance to this event. This is not only an opportunity to strengthen the relationship between Hengyu Supermarket Group and suppliers, but also an opportunity for Hengyu Supermarket Group to let suppliers show their strength. Li Xuelan hopes that suppliers can give Hengyu Supermarket Group more Low exit price or wholesale price.

Li Xuelan will not be satisfied with such a situation. In the future, she will reduce more middlemen and distributors. Hengyu Supermarket Group will directly contact manufacturers and production companies, which can further reduce their procurement costs for Hengyu Supermarket Group.

Li Xuelan will even suggest to Li Guangyu in the future that their group build some independent products, expand the group's upstream and downstream industrial chain, and firmly control the price in their own hands.

After the meeting, Li Xuemei, Li Xuelan, and Liang Bohua, vice president of Hengyu Supermarket Group, went to the Regal Hotel and gave instructions on the hotel affairs again.

After Li Chengwei, chairman of Nanyi Group, arrived in Xiangjiang on the morning of the 24th, he did not let Hengyu Supermarket Group be responsible for his travel. As a core member of the Singapore consortium, Guo Lingming naturally arranged someone to receive him.

When they came to the Xiangjiang headquarters of Hong Leong Group, Li Chengwei, Guo Lingming, and Huang Zhixiang, the eldest son of its core member Huang Tengfang, who is currently in charge of his family's Sino Land Group on the Xiangjiang side, communicated about the current situation in Xiangjiang.

After listening to Guo Lingming and Huang Zhixiang's report on the situation here, Li Chengwei said: "Our consortium is still mainly cooperating with the Li's consortium and the Xiangjiang consortium. In the Xiangjiang market, projects that do not have much interest do not need to compete with their consortium. , so as not to disrupt the current relationship between the two parties.”

Huang Zhixiang responded: "Uncle Li, in the past two years, the Li's consortium and the Xiangjiang consortium are making every effort to develop the Japanese and Taiwan markets, as well as the Southeast Asian market. There is not much conflict with us in Xiangjiang. In the past two years, their groups have basically not Xiangjiang acquired the land, avoiding the vortex of the property market collapse in Xiangjiang, but Sino Land and Hong Leong Group suffered heavy losses.”

Huang Zhixiang also had some regrets. He only thought about expanding the group's operations at the beginning, so that after Li Guangyu and the others stopped, their group was still taking a lot of land from the Xiangjiang government.Now that the real estate market has collapsed, the value of the land they have won has also been greatly reduced, and they have lost a lot of money.

Huang Zhixiang knew very well that Li Guangyu and the others might have anticipated problems in the Xiangjiang property market very early on, so they reduced their investment in real estate and focused on other industries, which allowed them to easily avoid this catastrophe.

It's a pity that these takers later on can't do it now if they want to cash out. When Wheelock Group sold a large number of properties, Xinhe Real Estate under his management also took over a lot. Now the value of these properties has almost dropped by half. Huang Zhixiang is very annoyed by this .

Fortunately, they have the support of several major banks in the consortium behind them, so that they will not have to choose to sell some of their businesses to save themselves like Xiangjiang Hang Lung Group and Great Eagle Group.

Li Chengwei also understands the situation of Xiangjiang in the past year. The current property market is sluggish, and there are a large number of second-hand houses, which has led to a continuous decline in property prices. Now it is impossible to sell some businesses. No big group is willing to jump out at this time to take over .

He said: "Zhixiang, Lingming, don't be too anxious about this. You can't blame you for the current situation. Don't be in a hurry to sell the business here. Our consortium can afford this loss. I believe Hong Kong will get better in the future, you can see from the actions of the Lee consortium this year, this is an investment of tens of billions of Hong Kong dollars, which is enough to show their confidence in the future development of Hong Kong."

Li Chengwei believes that with the strategic vision of Li Guangyu and others, if Xiangjiang would not develop well in the future, how could they be willing to invest such a large amount of money in it? , also can not afford to lose.

And Li Guangyu's vision has also made countless citizens and enterprises full of confidence in the future of Xiangjiang. Over the years, the Li's consortium has used their legendary development history to silence countless people who questioned their vision and development.

The Singapore consortium has also conducted serious research on the situation in Xiangjiang. They believe that there is a mainland market to rely on, and the future development prospects are limitless.

Now that the properties and plots have already been in their hands this time, they didn't think about selling them at a loss. They waited for the day when Hong Kong's economy and property market recovered, and they would only make more profits at that time.

After hearing what Li Chengwei said, Guo Lingming and Huang Zhixiang relaxed a lot. After all, it was their decision-making that caused the group's losses this time. If the higher authorities asked them to sell these properties, their resumes would not look good.

As long as this crisis is overcome and the development of Heung Kong is back on track, they believe that the market value of these properties will be higher in the future, and their capital investment this time will not be considered a failure.

When talking about the issue of Xiangjiang Electric Lighting, Li Chengwei said: "At present, they are still the main ones here. The Li's consortium and the Xiangjiang consortium have more shares than us. Letting you serve as the chairman of this group is also to avoid some influence. They already have Xiangjiang Airlines, Kowloon Bus Company, and China Gas Company are deeply involved in Hong Kong’s public service companies, so here you can be on the bright side, and they will be less stressed.”

Their Singapore consortium does not have such capabilities in Singapore, where these industries are controlled by the government, and even the airlines have to choose to acquire here, and then enter Singapore as a foreign company to develop, so as to be less some restrictions.

Cathay Pacific Airways is a Hong Kong company, and it is a foreign company when it enters Singapore. In addition, it also has shares in the Hong Kong consortium, so they can establish an aviation base at Singapore Airport and get some routes.

(End of this chapter)