Reborn as a tycoon in Hong Kong
Chapter 136 Communication
After the board meeting, Lin Baicheng went to his chairman's office. There has always been an office, but no one has been using it in the past two years. Wei Li had someone clean it up in the past two days.
Lin Baicheng called both Wei Li and Cheng Yufeng to his office.
After becoming the chairman of the board of directors of Hutchison Whampoa, that is, the chairman of the board, the dialogue between Lin Baicheng and Wei Li will become more formal, and he can naturally tell Wei Li to do things with a superior attitude. Although he was the largest shareholder before, his reputation was somewhat unfair when the board of directors was not convened.
Wei Li is the president of Hutchison Whampoa, and Lin Baicheng has not yet replaced him. Therefore, it is necessary for him to have a good communication with Wei Li. At least the two of them must agree on the development of Hutchison Whampoa, otherwise Lin Baicheng will have no choice but to replace him. Wei Li, separately looking for a president for Hutchison Whampoa.
"Weili, I have already read your development plan for Hutchison Whampoa, and now I will tell you my thoughts."
Weili listened carefully when he heard this. He knew that this was related to his career. Although Wei Li is confident that with his ability, he does not have to worry about his job even if he leaves Hutchison Whampoa, Hutchison Whampoa has a market value of nearly 3 billion Hong Kong dollars and is one of the largest companies in Hong Kong. After leaving this platform, he wants to be qualified for the position of president at a similar platform. It's not that easy, after all, every carrot is like a pit.
"As for your idea of streamlining the number of subsidiaries of the group and selling companies that are losing money or not very profitable, I personally agree with it. Hutchison Whampoa is still too big, and it is broad but not sophisticated. Instead of doing everything, it is better to focus on a few The industry will achieve results."
"Then there is the key development of the real estate industry you mentioned. I completely agree with this aspect. We at Hutchison Whampoa own the most land in Hong Kong. It would be a waste not to develop it. As for whether we should develop commercial plazas, office buildings or residential areas, etc., You and the people below make judgments based on the land and surrounding environment. I don’t need to say more about this. Just leave it to professionals."
Wei Li was also very happy to hear that the two development directions he led were affirmed by Lin Baicheng. This showed that the new boss had similar ideas to him, and the company was still developing under his plan.
Lin Baicheng continued: "As for the trading business you mentioned, I think the company's current business development in this area is good. There is no need to invest anymore. Just maintain the status quo."
"Mr. Lin, trading business is our strength and leading business at Hutchison Whampoa. Before Hutchison International merged with Whampoa Dockyard, Hutchison International developed with trading business. In this regard, we have many talents, as long as we invest a certain amount With the funding, I believe the results will come soon.”
Weili reminded aloud that in his opinion, as long as enough funds are invested in Hutchison Whampoa's trading business, the results will be seen in one or two years, and the capital will be recovered within a few years. It can be said that it is quite certain to be done well. Business.
"The trading business is sufficient for now. The company will vigorously develop the real estate industry first and invest the limited funds in real estate development. The trading business will be discussed in a few years."
Lin Baicheng couldn't tell the truth to Wei Li, so he chose the procrastination technique.
"I understand. Since Mr. Lin feels that we should vigorously develop the real estate industry, let's focus on developing the real estate industry."
Wei Li nodded when he heard this. The real estate industry was also an industry he was very optimistic about, so it was okay to vigorously develop the real estate industry first. As for the trading business, just follow what Lin Baicheng said, maintain the status quo first, and wait until the local industry develops to a certain level before expanding the trading business.
Seeing that Wei Li had been temporarily persuaded, Lin Baicheng was relieved. As long as it took a few years to wait for China and Britain to start negotiations on the ownership of Hong Kong, Wei Li should know that the trading business was no longer suitable for Hutchison Whampoa, at least it was gone. The need for vigorous development.
"I plan to personally take care of the company's investment business, sell all existing investments, recover the funds, and then use them all for investment together with the 500 million Hong Kong dollars to be borrowed from HSBC. I will personally decide the investment projects."
Lin Baicheng said that in terms of managing the company, his ability may not be enough, but in terms of what is better and more profitable to invest in, no one can match him.
After hearing this, Wei Li couldn't help but said: "Mr. Lin, aren't the funds borrowed from HSBC used to develop the company? Why are they used for investment again?"
"Investing is to make money and to develop a company. There is no difference between the two."
Lin Baicheng guessed what Wei Li would ask, and he said: "As for the development of the company, isn't there money that can be recovered from the sale of some properties? These funds can be used to develop the real estate industry."
"Mr. Lin, what investment are you going to use these funds for? Is it risky?"
Although he knew that Lin Baicheng was the one who made the decision, Wei Li still made inquiries out of duty.
"You will know this by then. You are the president of the company. How can I hide the investment I want to make from you?"
Lin Baicheng didn't immediately tell Wei Li what investment he wanted to use the funds for. He was the chairman of Hutchison Whampoa, and sometimes he didn't have to explain everything if he didn't want to.
"Mr. Lin."
Seeing that Lin Baicheng had no intention of answering, Wei Li did not insist, but he felt that he still needed to remind him: "You are the largest shareholder of the company and the chairman of the company. What investment do you want to use those funds for? As long as it is not obviously related to the industry under your name, Mr. Lin, there is no problem. However, once Mr. Lin's investment causes heavy losses, even though you are the largest shareholder, even if other shareholders cannot oppose you, Mr. Lin, It’s okay to create obstacles for Mr. Lin in the development of the company.”
"Don't worry, the investment I want to make must be one that I think can make money. After all, I am the largest shareholder of the company. If there is a loss, I will be the one who loses the most."
Lin Baicheng knew what Wei Li meant. He could not use tricks to make profits for himself and use money to buy properties in his name, especially buying them at an inflated price. This would violate the Company Law, and he, Lin Baicheng, did not So silly.
Furthermore, once the investment losses are serious and the interests of other shareholders are damaged, they will definitely not give up and will have trouble with Lin Baicheng, which is not conducive to the future development of the company.
Wei Li was just reminding him of his duty. After Lin Baicheng expressed his understanding, he said no more.
Afterwards, Lin Baicheng and Wei Li talked about the company's development and management. After this communication, the two were able to cooperate better and work together to develop and expand Hutchison Whampoa.
In addition to Wei Li, Lin Baicheng is also planning to communicate with Richard Chaxin, Xia Boyin and other management personnel one by one in the next period of time to let them understand his development plan for the company, while also recognizing people and exerting influence. force.
Unlike a company like Jupiter Toys, which has a total value of less than 10 million Hong Kong dollars, Hutchison Whampoa has a market value of nearly 3 billion Hong Kong dollars. It is a huge company. Lin Baicheng will work in Hutchison Whampoa for a long time in the future until this company really makes his mark. Tag of.
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