I Want To Be a Rich Man on Hong Kong Island

Chapter 355 [New round of hotel expansion]

However, after Lenovo Electric announced that it would start selling Trinitron technology color TVs, it was quickly recognized and sought after by the market;

Not only is it equivalent to giving the US TV industry a head-on blow, it is also a kind of lethality to the electrical appliance manufacturers in Japan.

From the start of the TV war that broke out in March, in just four months, some small and medium-sized manufacturers in the United States were already on the brink of death, and they went bankrupt this year;

The Trinitron technology color TVs used by Lenovo Electric has accelerated the closure of these American manufacturers.

Similarly, Lenovo's Trinitron color TV is also a blow to the other six major electrical appliance manufacturers in Dongying.

"It's a good trick to kill two birds with one stone! First, we cooperated with Dongying Electric Appliances to conduct a price war against American TV manufacturers, and then used the Trinitron technology developed by ourselves to suppress the six major electronics manufacturers in Dongying." Retired Shinnosuke Matsushita sighed. .

Matsushita Shinnosuke's son-in-law, Matsushita Masaharu, had a serious expression at this moment, never expecting that he would be hit so hard just after he came to power;

Panasonic is the leading manufacturer of televisions in Japan, Lenovo's move is undoubtedly a big blow to Panasonic.

Masaharu Matsushita has seen a Trinitron color TV, and its color and clarity are indeed much better than Motorola's color TV!

"What are you going to do?" Shinnosuke Matsushita looked at his son-in-law and tested it.

"There is very little that can be done. Lenovo's Trinitron technology has registered patents in the United States and Japan, and it is difficult for us to imitate; only the six major electrical appliance manufacturers put pressure on Lenovo Electric and require everyone to use Trinitron technology for a fee! "Shoji Matsushita said.

Matsushita Shinnosuke pondered for a moment, and then said: "Lenovo Electric is a joint venture, and it is very dependent on the Dongying market, so it must not dare to offend the Dongying government; you should contact other people first, and you will make this request on the tenth day; if not, let Dongying The government intervened to put pressure on Lenovo Electric. In short, Trinitron technology must be applied to our TVs.”

Although TV is only a product of major electrical appliance manufacturers, it is indeed a very important product that cannot be missed!

Therefore, Lenovo Appliances is bound to be pressured by major electrical appliance manufacturers, and even the Japanese government will intervene.

Wu Guangyao had expected this point a long time ago!

August 10, Tokyo Palace Hotel.

Akio Morita, representative of Lenovo Electric,

Sure enough, he was forced into the palace by the six major electrical appliance manufacturers.

"Everyone, don't even think about threatening us Lenovo Electric by withdrawing from the 'TV War'. At this time, you have no way out; whoever withdraws from the 'TV War' will lose the TV market, and we Lenovo Electric will lose the TV market." Fill this gap, if you don’t believe me, try it!”

Although Akio Morita is the youngest among these people, he is not stage fright at all;

At this time, Akio Morita had already received Wu Guangyao's instructions, or the bottom line of Lenovo Electric;

That is to procrastinate first. If the official forces of Japan intervene in the later period, the bottom line of Lenovo Electric will be exposed;

That is to provide Trinitron picture tubes to major electrical appliances manufacturers in Dongying, and the profit must meet more than 10%.

Hearing Akio Morita's words, everyone couldn't help being silent. As Akio Morita said, if anyone withdraws from the "TV war" now, wouldn't it be the same fate as the American TV manufacturers!

In fact, if you think about it carefully, if your own company produces advanced products, it is impossible to share them with other manufacturers;

Everyone just thinks that the boss of Lenovo Electric is a Chinese, so they think that exerting pressure can get what they want!

It was replaced by the other six electrical appliance manufacturers, and none of them recruited!

"Everyone, our Trinitron color TV is priced at US$500 in the United States and US$750 in Japan, leaving a lot of room for everyone to live, so I believe that the Trinitron color TV will not have a particularly big impact on you. Now is not the time for infighting, our enemy is still the American TV manufacturers." Akio Morita decided to ease the relationship between everyone.

In the "Ten Days Meeting" on August 10, everyone broke up somewhat unhappy.

 …

New York, Shining Star Hotel Management Headquarters.

Wu Guangyao is reviewing the materials of Shining Star Hotel Management Company and intends to increase investment;

The cash flow in hand has reached as high as 210 million U.S. dollars. If you don't make large-scale investments, it means that the money is depreciating.

Wu Guangyao’s cash income last year was as high as US$48 million, of which the zipper industry contributed US$30 million to Wu Guangyao, the bathing beach contributed US$12 million, Laofengxiang Jewelry contributed US$3 million, and Baiyou Group could contribute US$3 million;

Although I have invested a lot in these years, the money is also saved very quickly!

The current situation of Shining Star Hotel Group is as follows:

The three five-star hotels that are already in operation are the Ritz-Carlton Hotel in Boston, the Ritz-Carlton Hotel on Hong Kong Island, and the Shangri-La Hotel on Hong Kong Island;

Two five-star hotels under construction are the Ritz-Carlton Hotel in Ginza, Tokyo and the Ritz-Carlton Hotel in Osaka;

In terms of mid-range hotels, Shining Star Hotel Management Company currently focuses on franchising Holiday Inns, with a total of 16 mid-range Holiday Inns, all of which are located in the United States.

In 1961, Shining Star Hotel Management had a turnover of US$8.12 million and a net profit of US$2.85 million;

Shining Star Hotel Management Group has 2,208 employees, of which 65% are from the United States.

On the second day, the middle and senior management of Shining Star Hotel Management Co., Ltd. gathered in the meeting room of the headquarters in New York, USA.

"For the convenience of management, I decided to implement the chief system in Shining Star Hotel Management Group; CEO Charles, Chief Financial Officer George, and Chief Operating Officer Louis. The specific tasks of the three chiefs are... . " Wu Guangyao explained.

In the new chief management system, the power of the CEO has reached about 40% to 60% of the rights of the chairman;

Of course, he is still under the management of the chairman Wu Guangyao, and as long as Wu Guangyao owns absolute equity, he can change the CEO and other chief executives at any time.

The reason for this operation is that Wu Guangyao intends to delegate power to his subordinates;

Because Wu Guangyao's shares are there, he doesn't have to worry about someone taking him out of the picture;

Wu Guangyao holds 99% of the shares managed by Shining Star Hotel, and no one can shake his position.

Everyone's eyes lit up when they heard Wu Guangyao's chief management system;

Although everyone knows that Wu Guangyao has done a lot of leadership for Xingyao, but he rarely participates in specific affairs. Implementing such a system is naturally beneficial to the operation of the company.

"Since everyone has no objections, let's improve this management system later under the witness of lawyers!" Wu Guangyao said, since it is a new management system, it must be completed under the witness of lawyers, so that it can be regarded as real insurance.

Next, Wu Guangyao announced that he would invest an additional US$80 million for a new round of expansion;

Invest in five five-star Ritz-Carlton hotels in New York, Washington, Los Angeles in the United States, London in the United Kingdom, and Paris in France;

And set up a new subsidiary to operate resort hotels, and invest in three resort hotels in Las Vegas and Los Angeles in the United States, and Rome, Italy.

There are a total of eight high-end hotels, and the actual investment is at least 150 million US dollars, because Wu Guangyao has very high requirements and loves luxury and luxury hotels very much.

As for Wu Guangyao's investment of 80 million US dollars, he naturally hopes that the rest will be used for loans. I believe that some banks are willing to lend.

When everyone in the conference room heard that Wu Guangyao directly handed out 80 million US dollars, they all felt short of breath!

This boss is too rich!

After staying in the United States for half a month, Wu Guangyao finally took care of the affairs of the Shining Star Hotel Group, and he didn't need to worry about it for a short time.

The reason why Wu Guangyao is keen on investing in hotels is naturally because he values ​​hotel investment as property investment, which is a stable profit without loss;

Moreover, the tourism industry has just begun to develop in this era, and it is impossible for the hotel industry to be sluggish in later generations.

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