Chapter 1179: Splitting the Money

On the morning of November 7, Li Guangyu specially convened a meeting of the executive group and the president, mainly to divide the 50 billion US dollars in his hand, and he left 5 billion plus 2 billion US dollars in his own hands as an emergency fund.

Among them, Kowloon Group received a capital injection of US$10 billion, Wheelock Group also received US$10 billion, and Heung Kong Air Transport Group received US$5 billion.

Chung Hwa Electric Group received two billion US dollars, mainly to acquire the French Thomson Company, making Chung Hwa Electric one of the world's top home appliance groups.

Heung Kong Petrochemical Group has received a US$3 billion capital injection, mainly to deploy gas stations in the mainland and establish oil storage bases in several municipalities directly under the central government and Guangdong Province.

South China Electrical Appliance Chain Group received a capital injection of US$3 billion, mainly to improve its layout in the mainland, Southeast Asia, Western Europe and Canada, and establish a global electrical appliance chain retail group.

Hongmei Property Management Co., Ltd. received a capital injection of 2 billion US dollars, focusing on the layout of clothing wholesale trade cities in Southeast Asia and Greater China.

Donghua Trading Co., Ltd. received a $5 billion capital injection to expand its business with Eastern European countries.

The remaining $10 billion will be divided between Western Australia Steel Group, Starlight Real Estate Group, Kangxin Medical Group, Nanhua Group, and Jiadai Group, each with $2 billion.

Western Australian Steel Group is going to expand, Starlight Real Estate Group is going to enter the mainland, and the latter three groups are going to acquire technology, brands, and even companies related to the group's business.

The major groups are quite happy, but the bitter groups that have been listed, this time are basically the sole proprietorship of the group, the group that has been listed has not received this capital injection, only Hongmei Property Management Company is a little surprised.

The shareholders behind this wholly-owned company are Pengyu, Hongyu, Feiyu, Meiqi four clothing groups, in addition to Meiqi clothing group, the other three have been listed on the Xiangjiang Stock Exchange, Li Guangyu's capital injection this time will inevitably lead to changes in shares.

In order not to be too troublesome, Li Guangyu finally decided to enter in the form of financing, and several major clothing groups reduced their shares accordingly, and the funds behind them held shares.

After discussing the use of funds, Li Guangyu said at the meeting: "The acquisition of Thomson Company by China Electric Appliance Group must be fast, and it is best to solve it quickly, at this time the French economy is not very comfortable, it is the best time for us to eat their company, do not delay it for too long, otherwise I am afraid that there will be no chance at that time." ”

Next year is the next general election in France, Mitterrand's current support rate is quite high, Chirac is expected to be gloomy from the top of the position, the situation of left and right co-governance will end, France's large-scale privatization is likely to be pressed the pause button, so there is not much time left for China Electric Group.

Now China Electric in the home appliance industry in the low-end products are OK, high-end product technology is still lacking, Thomson as a top home appliance company in Western Europe, in terms of technology is not weaker than the Japanese Panasonic Group, as long as the China Electric Group ate Thomson company, there is the strength and Japan's several major electrical appliances in the high-end field.

Cao Hongxuan, president of Zhonghua Electric Group, said loudly: "Li Sheng, you can rest assured that our group will strive to complete the acquisition of Thomson by the end of this year, and at the same time, with the help of Thomson's fame, we will help Zhonghua Electric to open up the market in Western Europe." ”

As the president of China Electric Group, Cao Hongxuan naturally does not want his group's products to be trapped in Greater China and Southeast Asia, he hopes that his group can become a world-class group, and its products can sell well in markets all over the world, and Western Europe and North America are naturally the key markets for China Electric Group.

Although there are Hengyu Supermarket Group and South China Electrical Appliance Chain Group as channels, Cao Hongxuan firmly believes that relying on others is not as good as relying on himself, and only by having his own sales channels can China Electric Appliance Group achieve better development.

Now they also have direct stores in Greater China and Southeast Asia, and few electrical appliance groups can surpass their own groups in the terminal channel.

Li Guangyu also gave instructions to Zhang Ziyu, since a large number of gas stations have been built, and this requires special oil trucks, Li Guangyu asked Bentley Group Special Automobile Company to design a special oil truck for market demand, and a joint venture with the mainland's second automobile.

As the Lee consortium enters the petrochemical industry, the demand for oil tankers will also increase significantly, and Wheelock Line needs to increase the purchase of oil tankers and LNG carriers.

After arranging these, Li Guangyu said: "Due to some reasons involving monopoly, some of our groups will be split, and now I will say that the president of his own group will prepare for the split in the next month or so, especially our listed group."

Jiayi Cinema Line, a subsidiary of Jiayi Group, will be independent and set up a separate company.

Wheelock Group Shipping will be spun off to form a shipping group, which will be responsible for the shipping of our consortium and its allies.

Heung Kong Aircraft Engineering Company, a subsidiary of the Heung Kong Air Group, became an independent company under the jurisdiction of the Heung Kong Air Transport Group.

The 7-11 convenience store under Hengyu Supermarket Group has become a convenience chain group, and Xuelan Supermarket has become a supermarket retail group, and the logistics of the two groups are still in charge of Hengyu Logistics.

The software company under the Phoenix Group was separated from the group's jurisdiction and became an independent company.

The Kowloon Motor Bus Company was spun off from the Kowloon Group and became an independent company, which was mainly responsible for basic investments in expressways, subways, railways and ports. ”

Some companies are independent of these CEOs, such as Wheelock Shipping Line and Kowloon Motor Bus, which have little connection with the main business of their own group.

However, some of the splits have surprised everyone, especially Hengyu Supermarket Group, which is now known as Lee's No. 1 Group, and its turnover this year is expected to exceed $21 billion, second only to Sears in the global retail field.

As a result, it was directly divided into three this time, and when the time comes, Hengyu Supermarket Group will not be able to catch up with Sears, and it is estimated that even Kmart will not be able to win, and it may even be overtaken by Wal-Mart.

Li Guangyu said to Li Xuelan: "Here at our 7-Eleven convenience store, you have a plan to put the headquarters on the side of Xiangjiang and complete this work in January." ”

Li Guangyu didn't want to keep the headquarters of 7-Eleven convenience stores in the United States, the American market really made him feel uneasy, and it was better to put it back in Xiangjiang to be more stable.

Li Xuelan doesn't have much opinion on the division of Hengyu Supermarket Group into three, anyway, these groups are still mainly under his jurisdiction, which makes her own strength greatly increased, and one group has now become three.

She said loudly: "Li Sheng, I will do a good job in this regard, and ensure that the change of the registered place of the headquarters will be completed at the end of the year, so as not to delay the establishment of the 7-Eleven convenience store chain group." ”

At this meeting, Li Guangyu also announced that Xie Tao was officially promoted to the 17th executive officer of the Li Foundation, mainly responsible for the affairs of the Li Foundation in the mainland and South China, and temporarily responsible for all the affairs of the Li Foundation in the mainland.

In the future, Li Guangyu in the mainland will arrange five executive officers to be responsible for the affairs of Lee's industry in the mainland, and its focus is on South China, East China, North China, Central China, Southwest China, North China and Northeast China, and Southwest China and Northwest China.

……