Chapter 501 Dissent by Hutchison Whampoa Shareholders

On the morning of March 16, Li Guangyu listened to Li Xuelan and Chen Linwen's report on Watsons and Hengyu Supermarket Group in the office, and it has been a month since the 16th of last month, and Li Guangyu also listened to some specific reports.

With the reports of Li Xuelan and Chen Linwen, Li Guangyu is still satisfied with this, at least in terms of passenger flow, he doesn't have to worry.

Li Xuelan said, "Li Sheng, at present, the small and medium-sized supermarkets in Xiangjiang have basically closed down, and now they are basically our Hengyu Supermarket, Watsons and Jardine Wellcome. It's just that now Wellcome still doesn't have the slightest intention of stopping, and it seems that he is ready to fight us to the end. ”

Li Guangyu himself also knows the helplessness of these small supermarkets, the high rent, and the higher purchase price than the three major supermarkets make them unable to follow up in this round of competition, so that the owners of these supermarkets have to be forced to abandon this aspect of operation.

Li Guangyu said: "According to our opportunity to continue, now see who can drag on, we don't need to stare at the profits now, as long as Wellcome falls, then Hengyu Supermarket Group and Watsons will be able to occupy the Xiangjiang market, and there will be no problem with profits in the future." ”

Li Xuelan has long known some of Li Guangyu's plans, but there is no problem with Hengyu Supermarket Group, which is wholly owned by Li Guangyu anyway.

Watsons has some trouble, there is no profit in the first place, and the salary of employees has to be the same as in January, which leads to Watsons not only not making profits, but also needs to inject some funds into Watsons every month, which makes some shareholders have opinions.

Li Xuelan said: "Mr. Lee, some shareholders on Hutchison Whampoa have expressed their views on the salaries of Watsons employees. Several shareholders believe that A.S. Watson is not profitable at all, and that employee bonuses should not be paid in January, and that the group headquarters should not be allocated to A.S. Watson in this regard. ”

Li Guangyu was very speechless to some small shareholders, just staring at the small amount of money in front of him, and he didn't want to think about how much profit Wellcome would bring to Watsons after it fell. And if Watsons only pays the basic salary, who would do such a job in the current situation.

Due to the discounts and the closure of a large number of small and medium-sized supermarkets, the customer flow is now much larger than before, and even if Watsons has added some more people, their work is still more tiring than before. If you think about reducing it in all aspects, who will Watsons let work at that time.

Li Guangyu said: "Ignore these small shareholders, a group of short-sighted guys. If they don't want a stake in the group, we'll just go ahead and do it. ”

Perhaps thinking of something, Li Guangyu said: "I will discuss this issue with Mr. Li Ka-shing, you only need to manage the operation of Watsons, what about the personnel who took over there, and whether they can independently lead the development of Watsons now." ”

Li Xuelan said: "Li Sheng, the proposal of those small shareholders of Guangyu. Mr. Li Ka-shing and I had already refused. As for the personnel who took over, Mr. Li Ka-shing meant that I would hand over Watsons to Vice Chairman Shen Wendong after the incident in several supermarkets was over. ”

Li Guangyu's side of Hengyu Supermarket Group is wholly owned by Chen Linwen and Zhao Xiaoyan, but there will be no big problems, Li Xuelan is over there, which is more conducive to the cooperation of Hengyu Supermarket Group and Watsons.

Li Guangyu said to Li Xuelan: "You are mainly in charge of Watsons over there, and the rest of the business will be handled by Mr. Li Ka-shing. ”

Li Xuelan herself didn't have the heart to take care of Hutchison Whampoa's affairs, she only hoped that this incident could end as soon as possible, and she could return to Hengyu Supermarket Group to continue to serve as her chief executive officer.

Li Xuelan said: "Li Sheng, don't worry, I won't meddle in other affairs of Hutchison Whampoa." ”

Li Guangyu then said to Chen Linwen: "The affairs of Hengyu Supermarket Group have to worry more about this time, and we must communicate more with Xuelan on some things to ensure that our two supermarkets can form a joint force to deal with Wellcome Supermarket." ”

Chen Linwen immediately replied: "Mr. Li, I will often report to Ms. Li on the situation of the group, so that Ms. Li can understand the dynamics of the group and listen to Ms. Li's opinions on the development of the group." ”

Chen Linwen was in a very good mood during this time, Li Xuelan went to manage Watsons, Zhao Xiaoyan was mainly in charge of convenience stores, and he was in charge of the business of Hengyu Supermarket, which involved Japan, Baodao, Lisboa and Xiangjiang All Hengyu supermarkets are under their own jurisdiction, and now they are all in charge of themselves.

In the past, although he also had the right to govern, but with Li Xuelan above, his power was not so great. But he also knew that this was just this time, and when Li Xuelan returned, he would not have so much power.

Thinking of this, Chen Linwen was still a little disappointed in his heart, but fortunately, he also wanted to open it himself, and it is estimated that he will also be the vice president of the group in charge of supermarkets in the future, with the gradual expansion of supermarkets, he will have more and more affairs under his jurisdiction, and Li Xuelan, as the president, cannot only use his mind on supermarkets.

After Li Xuelan and Chen Linwen left, Li Guangyu found Li Ka-shing's phone number and called it.

"Hey, hello, I'm Li Ka-shing. ”

"Uncle Li, it's me, Guangyu. ”

Li Ka-shing heard that it was Li Guangyu calling, and immediately asked, "Guangyu, do you have anything to contact me about at this time?"

Li Guangyu said: "Uncle Li, I have listened to Li Xuelan's report on the matter of the Hutchison Whampoa shareholders' meeting, and those small shareholders seem to think differently from us." ”

Li Ka-shing himself is also quite dissatisfied with some shareholders, and he has led Hutchison Whampoa to make great progress in recent years. And this time, Watsons has not made a profit for only a month, and these people have made a fuss.

Li Ka-shing said: "Guangyu, as long as we have your support, we don't need to care about their opinions. ”

Li Guangyu didn't want to forget it like this, he wanted to buy their shares directly at that time, but considering Li Ka-shing's side, Li Guangyu gave up such a plan, and he thought of another way, which could make the relationship between the several families closer.

Li Guangyu said: "Uncle Li, since these small shareholders are not willing to see the loss of profits, we will be good people this time, I plan to contact Uncle Zheng and Fourth Uncle and them, and we will eat their shares with our Xiangjiang China Investment Company, what do you think?"

Li Ka-shing is considering Li Guangyu's opinion, he knows that Li Guangyu himself has the ability to eat the shares of these small shareholders, this time he went around such a big circle, it is estimated that he will strengthen the interest alliance of several companies, and after the Hutchison Whampoa incident, it may be the first step, and he believes that in the future, the Heung Kong Investment Company will participate in more groups.

Li Ka-shing himself does not have the strength to eat so many shares alone for the time being, and he is also willing to strengthen the relationship with several companies through this, and these shares are in the hands of these small shareholders, it is better to let Heung Kong Zhonghua Investment Company control them, which increases his voice in Hutchison Whampoa Group.

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