Chapter 694: It's Time for Hutchison Whampoa to Move (First Update)
Wang Liang's face was embarrassed, and he spoke eloquently.
"Chairman, we at Wanning Pharmacy are facing a problem that we can't solve at our level, which involves unfair competition. ”
"Mannings Pharmacy was established in the Jardine Matheson period, which was based on Watsons in Hutchison Whampoa, and then with your full support, the company's stores expanded rapidly, but in the daily chemical, health care, beauty and other markets, Watsons has always ranked first, and we are now ranked second. ”
"Now the company has 48 stores, which shouldn't have been so few, just because there was trouble along the way. ”
"When we were selecting sites for renovation, some of them happened to be on the site of Hutchison Whampoa, and these locations were very good, but either they didn't rent to us, or after renting to us, the property always had problems, and the water and electricity supply was unstable, which caused a series of impacts. ”
"As a last resort, I closed three stores and reopened another location, which caused a certain impact and delayed the company's store opening deployment. ”
After Wang Liang finished speaking, Fu Kai, the general manager of 7-11, also raised his hand, and said after Xia Yu's approval: "Chairman, in fact, we also have this kind of problem, in the property of Hutchison Whampoa, it is difficult for us to open a store, we found this problem at the beginning, in order not to affect the company's plan progress, we adjusted the store opening plan, if you want to open a store in the later stage, it will inevitably be within the property scope of Hutchison Whampoa, and I am worried that I will encounter trouble at that time." ”
"I see!"
Xia Yu frowned slightly and said, knocked on the table to let the two sit down.
"Does this happen to you?"
Xia Yu looked at the others and asked.
Everyone shook their heads, indicating that they hadn't met for the time being.
For a while, the atmosphere in the office was a little stagnant.
Because it involves Hutchison Whampoa, a British giant consortium, they are really not qualified to make decisions at this level, and they can only count on Chairman Xia Yu.
"Huh!"
Xia Yu chuckled, as if he was amused, but as if he was annoyed.
In his previous life, he knew that when Hutchison Whampoa was in the hands of Li Jiacheng, he also took advantage of this kind of unfair competition.
Especially in the field of supermarkets, Wal-Mart, Carrefour, etc. opened on the site of Hutchison Whampoa, and many experienced water and electricity cuts, and finally withdrew from Xiangjiang in embarrassment, making the retail field of Xiangjiang supermarkets Watsons dominate the world.
At that time, these foreign supermarket companies criticized Hutchison Whampoa, but Hutchison Whampoa did not admit it and threw the pot away.
This kind of thing is not easy to qualify, and there is no evidence that can point to Hutchison Whampoa, there is no way, Xiangjiang is Li Bancheng's territory, and they can only admit it unlucky.
I didn't expect that Hutchison Whampoa was not acquired by Lao Li in this life, and he also used this kind of trick.
But I have to say that although this is very unpleasant, but it is just a form of commercial competition, Watsons is backed by Hutchison Whampoa, if it does not understand the use of the background, it will not develop to the point of the first in this field.
Aren't those big conglomerates often relying on this kind of measures to defeat their opponents in the same field and finally achieve monopoly?
Even if it is Xia Yu, if he feels the threat of a company, he will not let the other party make waves on his own turf.
Having said that, since Hutchison Whampoa did this, then Xia Yu must solve it.
If you think about it carefully, the layout of Hutchison Whampoa has been going on for so long, and it's time to close the net.
The blood of the Jardine Matheson Consortium has cooled, and Qi Dezun must be less vigilant.
And the Jiuding consortium has almost digested the assets of Jardine Matheson, and it is time to hunt again!
thought so in his heart, but Xia Yu didn't plan to tell Wang Liang and the others, so as not to have too many people and accidentally leak it out and cause unnecessary trouble.
"I will solve this matter and avoid the development of Hutchison Whampoa for the time being. ”
Xia Yu said lightly.
Wang Liang and Fu Kai nodded and said one after another: "Okay!"
"Any other questions?"
......
After the meeting, everyone followed Xia Yu's instructions to execute, and Xia Yu set off to Jiuding Securities Company.
After calling Wang Qi to the office alone and closing the door, Xia Yu asked, "Wang Qi, how is the situation in Hutchison Whampoa?"
As soon as these words came out, Wang Qi was in good spirits and immediately realized that the chairman was finally going to do something to Hutchison Whampoa.
He had been waiting for this day for a long time!
Thinking of this, Wang Qi said Wait a minute, and immediately opened the built-in safe in a bookcase, took out a thick stack of materials, and presented it to Xia Yu.
"Chairman, please see, this is all the preparations we have made for the acquisition of Hutchison Whampoa, as well as the information we have gathered. ”
Xia Yu lifted his spirit and looked at it from the beginning.
The first is the most important equity information.
Hutchison Whampoa has a total share capital of 350 million shares and has two super large shareholders on the surface.
The largest shareholder was Qi Dezun, who held 34.8% of the shares of Hutchison Whampoa at this time, with more than 120 million shares.
Last year, when the Jardine Consortium was not attacked by Xia Yu, Qi Dezun actually did not hold so much equity, only in his early twenties.
After all, before the merger of Hutchison and Whampoa, Qi Dezun was only in charge of Hutchison International, and he was not the founder of Hutchison International, but only a latecomer, and through a series of acquisitions, he held more than ordinary shares in Hutchison International.
However, after the merger of Hutchison International and Whampoa Shipbuilding, his shareholding ratio naturally fell sharply.
It wasn't until 1975 that Hutchison Whampoa was taken over by HSBC and he retreated to the background.
However, although Qi Dezun holds 34.8% of the equity at this time, more than one-third of it was bought by him in the past year, just to resist the acquisition of others.
Over the past year, thanks to the impact of the rise in the Hong Kong stock market, the market value of Hutchison Whampoa has also risen to HK$6.87 billion.
However, Qi Dezun still lost a lot, because the leveraged purchase of shares did not receive dividends, but Hutchison Whampoa continued to lose money, and the impact of this part of the loss will naturally be distributed to him.
In addition, the use of bank funds to buy stocks is also a lot of interest.
In addition to Qi Dezun, the second largest shareholder is HSBC.
HSBC held 31.75% of the equity at this time, compared with 33.65% last year, a decrease from last year's equity, and the declining equity went to Qi Dezun's hands.
As a result, the two major shareholders of Qi Dezun and HSBC hold 66.55% of the shares, almost two-thirds of the total share capital.
In addition to these two major shareholders, there are some small shareholders and retail investors.
But what outsiders don't know is that many of these small shareholders and retail investors are the vests of Jiuding Securities.
All vests combined, Jiuding Securities holds a total of 22.75% of the equity of Hutchison Whampoa.
Under Qi Dezun's high vigilance, it took nearly a year to complete these acquisitions in secret, which was not easy.
The rest are real retail investors and minority shareholders, with a combined shareholding ratio of 10.7%.
These retail investors and minority shareholders have the nature of nail investors and will not easily take out their stocks and sell them.
And these people are also very alert.
In order not to be exposed, Jiuding Securities Company did not acquire it again.
After reading these, Xia Yu was more satisfied.
The 22.75% equity ratio has reached the preconditions for launching an attack, as long as the operation is done properly, it is not difficult to surpass Qi Dezun to become the largest shareholder!
PS: This pit has been buried for more than a year, it's time to fill it in, ask for tickets.