Rebirth of the Strongest Tycoon

Chapter 598 Divestitures and New Companies

After all, Heung Kong Electric Lighting Company has a history of 90 years. After such a long time, it has long been not limited to the electric power industry.

It can be said that Hong Kong Electric Lighting Company can be regarded as a diversified group company. The business scope of the company can be roughly divided into five parts.

Sorted by volume, they are five parts: real estate, electric power, engineering construction and services, electrical appliance trade, and other investment shares.

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

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

The remaining four are heads of various business areas.

After listening to their introduction, Xia Yu nodded slightly, looked at Zhou Keji again, and instructed, "How is the overall situation of the company?"

Zhou Keji has already checked all aspects of the assets of Heung Kong Electric Lighting Company by the staff of the accounting firm, and he already knows it, so he reports with a calm expression: "Chairman, Heung Kong Electric Lighting Company has a total asset value of 8.75 billion yuan. Hong Kong dollars, liabilities of 5.63 billion Hong Kong dollars, net assets of 31.2 billion Hong Kong dollars, of which real estate business assets account for 53.3%, power business assets account for 25.5%, engineering construction and service business assets account for 12.4%, electrical appliances trading……"

Hearing this data, Xia Yu raised his brows. He did not expect that the net worth of the Hong Kong Electric Lighting Company was as high as 31.2 billion Hong Kong dollars, which was completely beyond his expectations.

Although he knew that most of the current British-owned companies have a lower value than their actual value, he did not expect that after the incident of the Wharf Company, the Hong Kong Electric Lighting Company would still be so outrageous. It is conceivable that gold is everywhere in the big environment. Have the ability to eat in.

It only cost 2.27 billion Hong Kong dollars to purchase the entire company, which means that in terms of net assets alone, his acquisition would have made a profit of 850 million Hong Kong dollars.

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

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

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

Over the past 90 years, the power plant has undergone changes such as expansion and relocation. The company's land is increasing, but it will only increase. Because Heung Kong Electric Lighting Company is a British-owned enterprise, and its original power plant land is in the market. In the vicinity of the district or the urban area, considering the overall planning of the city, the Hong Kong government has approved the transformation of its land nature several times, from industrial land to commercial land, and its value has soared.

It is precisely because of this huge advantage that Xiangjiang Electric Lighting Company will think about entering the real estate industry.

After all, there is such a big advantage, as long as the operator is not a fool, of course it is impossible to leave a big gold mine without digging.

But now everything is cheaper for Xia Yu.

"Okay, I also understand the situation. For the good development of the company, the company will be rectified next."

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

"Xiangjiang Electric Lighting Company has now strayed, and has fallen far behind China Electric Power Company in the initial power business. Although there are reasons for specializing in areas, it is undeniable that the most important reason is that the company's main focus is on the real estate business. ."

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

"Shihao, step up your speed, but the premise is stability, understand?"

"clear!"

Liu Shihao answered in a loud voice with high spirits, and his heart was full of blood.

The real estate business of Heung Kong Electric Light Company has total assets of more than 4 billion Hong Kong dollars.

Although there are also many debts, it is undeniable that the size of the real estate industry alone is equivalent to the size of a large real estate company in Xiangjiang.

Now being directly annexed by Jiuding Real Estate Group, Jiuding Real Estate Group will achieve a leap in strength, far surpassing that of Henderson Land Development, New World Development, Cheung Kong Holdings and other companies.

As for Han Tianze and other former high-level executives, although he was stunned, he still obeyed Xia Yu's orders.

Although they felt a pity, this was the boss's will, and no one could stop it, and there was no real estate business person in charge, let alone anyone who came forward to give advice.

Just starting this, they also began to worry about their own destiny.

Xia Yu looked at Han Tianze, and said calmly when he was nervous: "Han Tianze, from now on you will be the general manager of the company, responsible for the entire company of the group company, and directly manage the power business."

"Yes!"

Han Tianze was surprised and answered loudly.

Xia Yu nodded slightly, looked at Liu Hong again, and said to him: "You are responsible for two major areas of engineering construction and service industry, one is the construction of power plants, power grid laying and service departments, and the other is serving 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 assist Han Tianze to take care of the company, understand?"

Liu Hong sighed inwardly that his power had been greatly reduced, but he didn't dare to complain, it was already very good to be an executive, so he replied respectfully, "Understood!"

"As for you..."

Looking at Song Hai, Xia Yu hesitated for a moment and fell into thinking, and Song Hai raised his heart to his throat.

At this time, I heard Xia Yu say: "In the electrical trade business, we have acted as the agent for the general distribution rights of Xiangjiang, such as Siemens in Germany and Whirlpool in the United States. This is a great advantage, but the drawbacks are also obvious. It focuses on being a general distributor. , underestimated the field of electrical appliance retail, the right to speak is not heavy, and the profit is too low."

"The market for the terminal electrical appliance retail industry is huge. As long as the volume increases, it can counter-pressure suppliers, so it must be vigorously managed."

"The electrical appliance trading department became independent and became a wholly-owned subsidiary of Jiuding Retail Group. Its name is Jiuding Electric Appliance Sales Co., Ltd., and I intend to serve as general manager. I have a task for you to open in Hong Kong and Aomen in half a year. Six electrical retail malls, and the most important thing is to build a supporting after-sales service system."

Song Hai was mixed, happy because he had become the general manager of a company, his rights and freedom had greatly increased, and depending on the situation, the boss would strongly support him.

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

Six electrical appliance retail malls opened in Hong Kong and Macau in half a year. It is definitely not that kind of small electrical appliance retail store. At least the variety of electrical appliances must be complete. That’s all. The most difficult thing is to improve the after-sales service system. It is difficult to find maintenance personnel alone. guaranteed level.

However, although the pressure was great, since the boss valued it, he couldn't let the boss Xia Yu disappointed, so he took a deep breath and replied solemnly: "Guaranteed to complete the task!"

Xia Yu also knew the difficulty, and said earnestly: "You don't have to worry about capital, the electrical retail industry focuses on service, so the after-sales service system needs to spend more time, don't let me down!"

"Yes!"

Song Hai raised his chest and responded again.

Xia Yu has high expectations for Jiuding Electric Sales Co., Ltd., so he will focus on building an after-sales service system.

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

Next came other businesses that invested in shares. Xia Yu spun off according to the list sorted out by Zhou Keji, and spun off irrelevant businesses. At that time, he notified his major companies to take over, leaving only the part related to the power business.

As a result, Heung Kong Electric Lighting Co., Ltd. has returned to what it was at the beginning, and it has become a single power company. The company's assets have shrunk significantly, leaving only more than 2 billion Hong Kong dollars in assets, most of which are power plants, power grids, etc. real estate.

In Xia Yu's plan, Xiangjiang Electric Lighting Company has been engaged in the power industry for 90 years, and there is absolutely no problem in technology and management operations.

Xia Yu intends to use this base point to let the Xiangjiang Electric Lighting Company rush out of Xiangjiang, go to Asia, and enter the world power field.

It is because of so many considerations that the Hong Kong Electric Lighting Company is not allowed to be half-hearted.

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