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Chapter 598

After all, Hong Kong Electric Light Company has a 90-year history. After such a long period of time, it is no longer limited to the electric power industry.

It can be said that Hong Kong Electric Light Company can be regarded as a diversified group company, and the company’s business scope can be roughly divided into 5 parts.

Sorted by volume, there are five parts: real estate, electricity, engineering construction and services, electrical appliance trading, and other investment shares.

In recent years, because the real estate industry has become more and more popular, it is a company that wants to do real estate. Therefore, Hong Kong Electric Light Company, which has a huge advantage, is no exception and has been deeply involved in the real estate industry.

The real estate business was originally directly managed by the second major shareholder and President, but after he left, his position was vacant.

The remaining 4 people are managers of various business areas.

After listening to their introduction, Xia Yu was slightly nodded and looked towards Zhou Keji, instructed: “How is the overall situation of the company?”

Zhou Keji has already calculated all aspects of the Hong Kong Electric Light Company’s assets by the employees of the accounting firm, and has already known it, so he calmly reported: “Reporting to the Board-Chairman, Hong Kong Electric Light Company has total assets worth 87 points 500 million. HKD, liabilities 5 16 300000000 million HKD, net assets 31 points 200000000 million HKD, of which real estate business assets accounted for 53.3%, power business assets accounted for 25.5%, engineering construction and service business assets accounted for 12.4%, electrical appliances trade…”

Hearing this data, Xia Yu frowned. He didn’t expect the net assets of Hong Kong Electric Light Company to reach 31 points 200000000 million HKD, which completely exceeded his expectations.

Although he knew that most of the current British company’s city value was lower than the actual value, he didn’t expect that after the Kowloon Wharf and Godown Company incident, the Hong Kong Electric Light Company would still be so outrageous. It is conceivable that there are everywhere in the big environment. Gold depends on whether you have the ability to eat it.

The purchase of the entire company cost only 22 points, 7 100000000 million HKD, which means that from the net assets alone, his acquisition has a profit of 8 points of 500 million HKD.

Not to mention that the value of a company cannot be simply calculated as net assets, but also as other hidden values ​​such as industry influence and volume value.

However, Xia Yu understands that Hong Kong Electric Light Company will have so many assets under the accounting of a standard accounting firm, mainly because of the value of real estate such as land and surface buildings.

After all, the Hong Kong Electric Light Company owns the power franchise of Hong Kong Island. In the last century, it has won a large number of land to build power plants, as well as supporting factories and facilities for power plants.

After 90 years, the power plant has undergone expansion, relocation, and other changes. The company’s land is increasing, but it only increases, because Hong Kong Electric Light Company is a British company, and its original power plant land is in the urban area. Or near the urban area, considering the overall planning of the city, the Government of Hong Kong has approved the change of the nature of its land several times, from industrial land to commercial land, and its value has soared.

It is precisely because of this huge advantage that Hong Kong Electric Light Company wants to enter the real estate industry.

After all, with such a big advantage, as long as the operator is not a fool, of course it is impossible to dig a big gold mine.

But now everything is cheap Xia Yu.

“Okay, I also understand the situation. For the company’s good development, the company will rectify next.”

Xia Yu said sternly, everyone immediately looked serious and looked towards him intently.

“The Hong Kong Electric Light Company is now off the track. It has fallen far behind the China Light and Power Company in the initial power business. Although there are reasons for the franchise area, it is undeniable that the most important reason is that the company’s main focus is on the real estate business. on.”

“Next, all real estate related businesses will be divested and absorbed by Jiuding Real Estate Group.”

“Shihao, speed up, but the premise is stability, understand?”

“understand!”

Liu Shihao responded in a loud voice with excitement, blood surged in his heart.

The total assets of the Hong Kong Electric Light Company’s real estate business has reached 4 more than 1 billion HKD. Although the debt is also large, it is undeniable that the size of the real estate industry alone is equivalent to a large real estate company in Hong Kong. The volume.

Now it is directly annexed by Jiuding Real Estate Group, which will allow Jiuding Real Estate Group to achieve a leap in strength, far exceeding Henderson Land Development, New World Development, Cheung Kong Holdings and other companies.

As for the original executives such as Han Tianze, although heart shivered with cold, they still obey Xia Yu’s orders.

Although they felt it was a pity, this was the will of the boss, and no one could stop it. There was no Manager for the real estate business, and no one came out to comment.

They just started to worry about their fate.

Xia Yu looked towards Han Tianze and said calmly when he was nervous: “Han Tianze, from now on you will be the Company General Manager, responsible for the entire company of the group company and directly in charge of the power business.”

“Yes!”

Han Tianze was surprised and replied loudly.

Xia Yu was slightly nodded, and looked towards Liu Hong, and said to him: “You are responsible for the construction and service industries of two major sectors, one is the construction of power plants, grid laying and service departments, and the other is for the real estate construction department. “

“The real estate construction department is all under the Jiuding Real Estate Group. In the future, you will manage the power-related engineering construction and service business, and help Han Tianze manage the company, understand?”

Liu Hong thought that his rights secretly sighed had shrunk drastically, but he did not dare to complain. It is already very good to be an executive, so he respectfully replied: “Understood!”

“As for you…”

looked towards Song Hai, Xia Yu hesitated for a moment and fell into thinking, making Song Hai a heart in her throat.

At this time, I heard Xia Yu say: “In the electrical appliance trading business, we acted for the distributorship of Germany Siemens, United States Whirlpool and other companies in Hong Kong. This is a great advantage, but the drawbacks are also obvious. Distributors underestimate the field of electrical appliance retail, their right to speak is not important, and their profits are too low.”

“The retail industry market for terminal electrical appliances is huge. As long as the volume goes up, it can back pressure on suppliers, so we must vigorously operate.”

“The electrical appliance trading department became independent and became a wholly-owned subsidiary of 9 Ding Retail Group. The name is 9 Ding Electric Sales Co., Ltd. It plans to take up the position of General Manager. I will give you a task to work in Hong Kong and Macau 2 for half a year. Six electrical appliance retail malls have been opened locally, and the most important thing is to build a supporting after-sales service system.”

Song Hai has mixed joys and sorrows, because he has become a Company General Manager and his rights and freedom have greatly increased. Depending on the situation, the boss will strongly support him.

But it is precisely because of this that I feel sad, or pressure.

Opened 6 electrical appliance retail stores in Hong Kong and Macau in half a year. It is certainly not the kind of small electrical appliance retail store. At least there should be a complete range of electrical appliances, so that’s all. The most rare thing is to improve the after-sales service system. It is difficult to find maintenance personnel alone. , Have to guarantee the level.

Although the pressure is high, but since the Boss values ​​him, he can’t let Boss Xia Yu down, so he took a deep breath and solemnly responded: “Guaranteed to complete the task!”

Xia Yu also knows the difficulty, and said earnestly: “You don’t have to worry about funding. The electrical retail industry focuses on service, so the after-sales service system must be more thoughtful and don’t let me down!”

“Yes!”

Song Hai straightened his chest and responded again.

Xia Yu has high expectations for 9 Ding Electric Sales Co., Ltd., so it focuses on building an after-sales service system.

As long as the retail terminal is built, he can enter the electrical appliance manufacturing industry at any time. By then, with the help of a well-built retail system and after-sales service system, a new electrical appliance brand can be formed soon. This is what he wants.

Next is the business of other investment and shareholding. Xia Yu divested according to the list compiled by Zhou Keji, and divested out irrelevant businesses. When the time comes, he informed the major companies under his control to take over, leaving only the power related business. section.

In this way, the Hong Kong Electric Light Company has returned to what it was at first and became a single power company. The company’s assets have shrunk significantly, leaving only more then 2 billion HKD in assets, most of which are power plants and power grids. Waiting for real estate.

In Xia Yu’s plan, Hong Kong Electric Light Company has been engaged in the electric power industry for 90 years. There is absolutely no problem in technology, management and operation. The background is profound, and being restricted to Hong Kong Island is definitely a waste.

Xia Yu is ready to use this starting point to allow Hong Kong Electric Light Company to break out of Hong Kong, go to Asia, and enter the world of electric power.

It is precisely because of so many considerations that Hong Kong Electric Light Company is not allowed to 3 mind 2 mind.

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