Chapter 573 Hong Kong Company Investment
"These are the company's financial statements this year, tax receipts, and the main investment contracts signed this year. More important documents on Liewen.com are in the safe and can only be opened after the president comes."
George briefly flipped through the financial statements and saw that nothing special happened to the company, so he ignored the other documents.
He simply explained, "The operation of the company is still under the responsibility of Jason. The main purpose of my visit this time is to understand the company's situation and to meet everyone."
The main purpose of his coming to Hong Kong this time was actually to participate in the auction three days later. He just stopped by to look at the company. Of course, this reason is definitely not suitable for direct statement.
Li Youran nodded gently and said softly, "Chairman, other colleagues will have to wait a while before they come. Now I will report to you the content and situation of the company's work this year. Are you optimistic? "
"Okay, please tell me, please." George made a gesture and asked Li Youran to continue.
"Hey, hum, hum," Li Youran showed an apologetic expression when there was a knock on the door outside the office, and opened the swing door.
Xu Lele walked in with the brewed coffee. She gently placed the coffee at George's table, walked out slowly, and closed the door.
At this time, Li Youran began to talk about the main situation of the company this year.
She took out a form and pointed to the data on it.
"From the second half of last year to the beginning of this year, we continued to invest in some major real estate and important shops in accordance with the chairman's main plan."
"Similar to the previous situation, because of the approach of 97, businessmen who intend to sell their assets to emigrate, all continue to clean up their assets at 66. This allows us to smoothly purchase some worth of investment at the right price. project."
"Until the end of the last year, some changes have occurred in these situations. Those businessmen who plan to leave, most of the projects that can be dealt with have already been dealt with in advance. It is already difficult for us to find suitable high-quality projects."
She continued, "Not only that, it seems that our actions in the past two years have also attracted the attention of some other big companies. They have also begun to imitate our approach and begin to purchase corresponding projects at slightly higher prices than ours."
The investment projects on that form have become fewer and fewer from the large number before. In the last few months, there has been no change even for a long time, and there are no new investment projects.
"Recently, the Hong Kong government has issued a series of corresponding policies on the regulation of the property market. Such policies will also have a negative impact on our investment plans."
Li Youran said in a gentle tone, "For now, it is difficult for us to find the right investment in Hong Kong at the right price. This is the dilemma our company is facing now."
She continued, "But there is also a good side. According to the chairman's instructions, the investments we made in the past two years have yielded great returns. Hong Kong has not declined as the businessmen who left have speculated. The economy continues to grow, and the real estate and shops we hold are now rising."
She took out a graph reflecting the company's recent changes in profit. The profit growth on the graph changed from a steep rise to a gentle excess.
"However, in view of the short-term growth of these properties, coupled with the Hong Kong government's property market control policies, the trend of these properties has become very uncertain. These properties occupy most of the company's working capital and need to be decided by you. , Do you continue to hold these assets or sell part of them?"
She explained, “Because of the recent rise in the property market, some hindsight companies have also begun to be optimistic about Hong Kong’s economy. They believe that the capital will maintain Hong Kong’s housing prices and will treat Hong Kong as a standard facade. Some cities serve as demonstrations."
"Recently, many companies have given us some of the assets we hold, an offer that is higher than the market. They are also optimistic about the future housing price trend."
A graph representing cash flow. From the beginning of sufficient cash flow, it has now become a negative number. It means that the debt ratio of the entire company is continuously increasing, and the leverage ratio is constantly increasing.
"At the same time, the company's debt ratio has reached a relatively dangerous position. Whether to sell a part of the project, you need to decide whether to sell part of the project." Li Youran said in a gentle tone.
George nodded and said calmly, "I will explain these in the next meeting."
...
"Hum, hum, hum," there was another knock on the door.
After getting a signal from George, Li Youran opened the door of the office.
At the door was a middle-aged white man, dressed in a neat and meticulous suit, with a brown head and a delicate back.
"Chairman, the meeting room is ready, and everyone else is here. We can start today's meeting The white man, speaking in English with a London accent.
When Li Youran reported the company's situation to George, the company's employees had already come for 66 years.
After all, with the previous news and preparations, they all went to work earlier than usual.
"Okay, Jason." George said gently, "Although the time is a bit early, but since everyone is here, let's start."
In the large, clean and bright conference room, there is a long conference table, and a dozen middle and high-level companies stand neatly on both sides of the conference table.
"Hello, chairman," they said in unison.
"Hello everyone, please sit down!" George gestured with his hand out.
George stood at the front of the conference table, waiting for everyone to take their seats.
With his hands resting on the conference table, his tall craftsman's figure gave other people a huge sense of oppression, and the atmosphere of the meeting place seemed very serious.
George made a simple opening remark, "I'm George Washington, the chairman of Origin Group Corporation. Yes, my name is easy to remember."
He smiled softly, "Of course, my body shape, I think it will be hard to forget after you have seen it. But I really don't play basketball in nBa, nor do I belong to the British bodybuilding team."
The others all laughed, and the atmosphere of meeting the weight became much more relaxed.
George continued, "This is the first time I have come to Hong Kong for the company, and it is also the first time I have seen everyone, but this does not mean that I do not take the company seriously."
"In my philosophy, the company is so big, and one more leader is staring at it, but it is just one more internal friction link. Everyone comes together because of a common vision and an ideal to make money. For work, the important thing is that everyone can get What I want."
(To be continued.)
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