The richest man

Chapter 151 Conveying Benefits

"Boss, we have mastered Hutchison Whampoa now, what are you going to do next?" Ma Shimin asked.

Zhang Jun thought for a while and said, "Sell all the real estate business of Hutchison Whampoa to Chinese Land! From now on, Hutchison Whampoa will concentrate on developing ports and related services, retail, manufacturing, and hotels..."

"Huaren Construction Company changed its name to Huaren Infrastructure Group, operating a diversified infrastructure business, including transportation, energy, infrastructure materials, water plants and related businesses!!!"

Although Chinese Land has mastered a lot of land, its infrastructure capabilities are average. At this time, it has acquired the real estate business of Hutchison Whampoa, and its strength has greatly increased!

Of course, Zhang Jun also took the opportunity to suck blood from Hutchison Whampoa. After all, he only holds 49.99% of the shares of Hutchison Whampoa, and another 50.01% of the shares belong to others.

Selling Hutchison Whampoa's land and infrastructure companies to Chinese Land at a low price is a common practice in business.

In the future, Chinese Land can also suck blood from Hutchison Whampoa for a long time.The ports, hotels, retail stores, etc. operated by Hutchison Whampoa will be constructed by Chinese Infrastructure!

Zhang Jun said to Ma Shimin: "I don't want to be a dictatorship yet. You have to convince the board of directors and the company's management to sell the real estate business to Huaren Land, so as to obtain a lot of funds to focus on the development of ports, retail, manufacturing, hotels and other businesses..."

Zhang Jun attaches great importance to Hutchison Whampoa's port and retail business.

Hutchison Whampoa has a unique advantage. It has been operating ports and retail businesses for many years. It has strong strength, leading technology, and rich management experience. Its container terminals and retail stores are the best in Hong Kong, and it even has branches in other countries and regions. .

Among other things, the familiar personal care stores Watsons and ParknShop are both owned by Hutchison Whampoa.

Ma Shimin immediately nodded and said, "Okay, boss, I will implement your plan right away!"

"Um!!"

Zhang Jun nodded. The mess of Hutchison Whampoa Company must be drastically reformed, otherwise it will not get better.

Selling the real estate business and returning the funds may be a good way to save yourself!

As long as the port, retail, manufacturing and hotel businesses develop, Hutchison Whampoa can still become a giant in Hong Kong!
Of course, Zhang Jun's plan is still detrimental to the interests of other shareholders. When Ma Shimin first proposed to sell the real estate business at the meeting, he met with strong opposition.

Especially the faction members who originally belonged to Qi Dezun's family expressed their opposition.

"Ma Shimin, you are losing the interests of all the minority shareholders of Hutchison Whampoa, and sending benefits to Zhang Jun. I firmly oppose it!!!" An Englishman stood up and objected loudly.

"I also object. The real estate business is one of the core industries of Hutchison Whampoa. How can it be sold as soon as it is sold?!" Someone said loudly.

Amidst the opposition, Ma Shimin kept his face unchanged and said in a deep voice: "Hong Kong's real estate industry is in a slump, and Hutchison Whampoa has suffered heavy losses, resulting in great pressure on the capital chain, unable to expand and develop other industries. If we sell the real estate industry, we can Immediately obtaining a large amount of funds can accelerate the development of ports, retail, manufacturing, hotels, etc., and the company can achieve profitability within a year!! Shareholders will also be able to receive dividends. How can I harm the interests of small shareholders? It is clearly for everyone For the sake of shareholders!!"

For your sake!

The main reason why Hutchison Whampoa fell into a business crisis was that the management implemented a business strategy of massive investment and mergers, but the business efficiency could not keep up with the expansion efficiency. In addition, the economic crisis in Hong Kong broke out at this time, which caused financial problems.

Hutchison Whampoa's real estate business is numerous and large, which is obviously underestimated. It mainly waits for Hong Kong's economy to improve and real estate to pick up. Hutchison Whampoa can still develop and flourish.

Due to many people who opposed it, the meeting broke up unhappy!

Ma Shimin immediately reported the situation to Zhang Jun.

When Zhang Jun heard the news, he frowned slightly, and muttered: "Hutchison Whampoa Company, the Qi Dezun family has great influence, and we need to lay off employees!"

Those who obey me prosper and those who oppose me perish.

The matter of getting Hutchison Whampoa to sell its real estate business still needs to be worked out slowly. First, it is necessary to fully grasp the management rights of the company, and step by step eliminate those executives who support Qi Dezun's family company.

Zhang Jun then told Ma Shimin to take his time and find some reasons to clear out those opponents one by one.

Qi Dezun's family also knew that Zhang Jun was going to sell the real estate business of Hutchison Whampoa Company for the first time, and they were immediately furious and very angry.

As the second largest shareholder of Hutchison Whampoa, if the real estate business is sold, the Qi Dezun family will suffer the most.

They must firmly oppose it.

"What is Zhang Jun going to do? Is he crazy?" Qi Dezun said angrily, "Immediately let someone expose Zhang Jun's evil deeds in the newspaper!"

Qi Dezun's family has been kicked out of the company, and he knows that if he doesn't act, he must sit and wait to die.Whether it is the general meeting of shareholders, the board of directors, or the company's management, the Qi Dezun family will lose the right to speak.

So he ordered people to slander Zhang Jun in the newspapers, using Hutchison Whampoa as a cash machine to channel benefits to his own business, and yelled at Zhang Jun for a sale.

The stock price of Hutchison Whampoa was also affected by this incident and plummeted wildly.

Seeing this, Zhang Jun ordered someone to secretly absorb the shares.

As long as Hutchison Whampoa goes through reforms, even if it loses its real estate business, its stock price will definitely skyrocket!

"Boss, a lot of reporters came downstairs wanting to interview you, and there were also a lot of small shareholders of Hutchison Whampoa who wanted to talk to you. What do you think should be done about this?" Zhou Liang walked in front of Zhang Jun, Distressed.

"It's okay, I'll go down and talk to everyone later, just explain clearly!" Zhang Jun thought for a while and said.

"Okay, then I'll go and talk to them, so as not to cause trouble." Zhou Liang said goodbye to Zhang Jun immediately.

(End of this chapter)