Chapter 732: Hutchison Whampoa Slimming (First Vote)

Early in the morning of November 20, cars continued to drive into the underground parking lot of Jiuding Building in Kowloon, and the heads of companies under the Jiuding Consortium came out of the cars and entered the elevator to the top floor of the building.

Just today, Xia Yu officially launched the division meeting of Hutchison Whampoa, and the heads of various companies have already sharpened their knives.

In front of the Jiuding Building, an Englishman stopped and looked up at the huge signboard of "Jiuding Building", with a very complicated expression.

Although he had received the news a long time ago, when this day really came, Verry couldn't help but feel sad.

He was appointed by HSBC to be the general manager of Hutchison Whampoa, and he supported him for several years, the hardships and depressions of which only he knew.

He has always insisted on not letting Hutchison Whampoa be divided, but now that Hutchison Whampoa has been acquired, the dominant power is no longer in his hands, and the fate of being divided is inevitable after all.

It's just that I don't know what else can be left behind in Hutchison Whampoa after today.

"Let's hope they'll show mercy!"

Wei Li sighed in his heart, then shook his head to dissipate his bad attitude, helped his tie, and strode in.

After a while, he entered the conference hall under the guidance of the staff, and as soon as he entered, he immediately attracted the attention of most of the people in the venue.

But most of them smiled and nodded at him as a gesture of goodwill.

Verry was in a slightly better mood and sat down on the spot where his name was placed, and immediately someone sent him a thick paper.

Wei Li looked through the official information of Hutchison Whampoa, which listed more than 200 companies in Hutchison Whampoa, and wrote the characteristics of each company in concise language.

He immediately focused and looked at it carefully.

Time passed gradually, and people kept coming in, chatting in small voices.

At this moment, Xia Yu's figure appeared at the door, and the venue suddenly fell silent, and everyone raised their heads without squinting.

Xia Yu walked to the main seat at the top and sat down, glanced at the venue, and found that all the places where the signs were placed were seated, and they were obviously all there.

"It seems that everyone is very punctual, since they are all here, let's start directly!"

"Everyone has a copy of the information, you should have seen the rough version before, and now this is the latest detailed version. ”

"Now starting from the company with the most serious losses, if any of you think that this company has a reinforcing effect on the company you manage, you can make an explanation on the spot, as well as state your own business ideas, if the advantage is obvious, the site directly decides to belong, if the advantage is not obvious, in order to speed up the efficiency, to be determined and put on the next agenda for discussion. ”

Speaking of this, Xia Yu paused, looked at Wei Li who was sitting in the front row, and said: "Wei Li, you can also speak at any time, if you think there is a company that is more suitable to stay in Hutchison Whampoa, you can also bring it up, but you must come up with a strong reason." ”

Wei Li was in a heavy and relaxed mood, nodding heavily, heavy because he had to do his best to keep Hutchison Whampoa's company, and relaxed because he heard the meaning of Xia Yu's words, Hutchison Whampoa will still exist, and he will also be the general manager of Hutchison Whampoa.

"So let's start now. ”

"First Company ......"

As soon as he finished reading the information, two people immediately raised their hands, and Xia Yu ordered one person to start his statement.

Xia Yu had already notified them more than 20 days in advance, so everyone was fully prepared to take a shortcut to grow the company they managed, and it was naturally very smooth to state at this time.

As long as the reasons are sufficient, Xia Yu directly made a decision on the spot to determine the ownership.

If there is to be controversy, it shall be shelved for further discussion.

The efficiency of the deliberations was very high, and the ownership of the 38 companies was decided in one morning.

At noon, the company's canteen will be eaten in a unified manner, and the morning will continue at one o'clock in the afternoon.

Three days went by in a flash.

At five o'clock in the afternoon of November 22, the high-intensity segmentation meeting finally ended.

Hutchison Whampoa, which has more than 200 companies, has carried out a big slimming, and only 52 companies were born at this time, so there are so many left, or because Hutchison Whampoa's business is too miscellaneous, and many companies under the Jiuding consortium are not involved in those industries, so there is no legitimate reason to divide the company more.

The most prominent core companies of Hutchison Whampoa only retain Hutchison Whampoa Port Company and Hutchison Whampoa Real Estate Company.

However, the retail business was divided, and the Watsons Group was spun off and merged with Wanning Pharmacy to form a new company, Jiuding Bodybuilding Company, which has two brands, Wanning Pharmacy and Watsons, under the jurisdiction of the company's internal plans, to carry out differentiated competition, which is conducive to competing for the market.

After the PARKnSHOP supermarket was spun off, all of them were merged into Wellcome Supermarket, and all the existing PARKnSHOP supermarkets were renamed Wellcome PARKnSHOP Supermarket, and only Wellcome Supermarket was opened in the future, and no longer opened Wellcome Parknshop Supermarket.

The reason why the fate of Parknshop is different from that of Watsons Group is also because ParknSHOP is not like Watsons Group, which has not been established for a long time and has not as deep a heritage as Watsons Group.

Again, the competition in the supermarket market is greater, and the English name of Wellcome Supermarket is better than the English name of ParknShop Supermarket, which is more favorable in foreign competition.

It is worth mentioning that Hutchison Whampoa originally held 49% of the equity of the Sheraton Hong Kong Hotel, which was transferred to Jiuding Real Estate Group.

Jiuding Real Estate Group has established a separate Jiuding Hotel Management Group.

The Marco Polo Hotel brand acquired through the previous acquisition of Wharf, the Mandarin Hotel brand spun off when acquiring Hongkong Group, and the current equity of Sheraton Hong Kong Hotel are all transferred to Jiuding Hotel Management Group and operate in a unified manner.

Of course, Hutchison Whampoa is not only divided, but there is still a certain gain.

That is, the strength of Hutchison Whampoa Port Company has increased greatly.

Xia Yu directly made a decision and merged the Wharf Wharf Terminal Company, which owned three ports, into the Hutchison Whampoa Port Company, making the latter own 17 of the 24 terminals in Xiangjiang at once, monopolizing 70% of the market in one fell swoop.

In this way, Hutchison Whampoa will have the supreme deterrent power in the field of Heung Kong ports, and Swire Dockyard will be eclipsed and lose the possibility of competing with Hutchison Whampoa.

Yang Dajun, the former general manager of Wharf Terminal Company, was appointed separately.

Originally, the two other owned by the Wharf Terminal Company, namely the Heung Kong Tram and the Star Ferry (which had been merged with the Heung Kong Yau Ma Tei Ferry Company), merged to form Jiuding Transportation Company.

In Xia Yu's view, the division seems to be a success at present, Hutchison Whampoa has been successfully slimmed down, leaving only two core businesses, ports and real estate, and Hutchison Whampoa Port Company has a large amount of land, which has laid a solid foundation for Hutchison Whampoa Real Estate Company.

At this time, in the Xiangjiang real estate industry, Hutchison Whampoa Real Estate Company can definitely squeeze into the top ten, coupled with Xia Yu's original Jiuding Real Estate Group, which is the first in the field of Xiangjiang real estate, Xia Yu's voice in the real estate industry has been strengthened again.

As for other companies, they have their own gains, and after annexing so many companies, they will definitely try their best to turn losses into profits, and they also have the strength and energy to do it.

As the news of Hutchison Whampoa being split spread, the attention of various media and bigwigs was attracted and their reactions were mixed, but Xia Yu didn't care about these anymore.