v3 Chapter 732： Hutchison Whampoa Slimming

In the early morning of November 20th, cars in the underground parking lot of Jiuding Building in the Kowloon area continued to drive in. The heads of companies under the Jiuding Consortium got out of the cars and entered the elevator to the top of the building.

Just today, Xia Yu officially launched the split meeting of Hutchison Whampoa, and the heads of each company have already sharpened their swords.

In front of the Jiuding Building, an Englishman stopped and looked up at the huge signboard of the "Jiuding Building" with a very complicated expression.

Although the news was received a long time ago, Werry couldn't help feeling sad when the day came.

When he was in danger, he was recruited by HSBC to serve as the general manager of Hutchison Whampoa. He has been supporting him for several years. Only he knows the hardships and distress.

He has been holding on to prevent Hutchison Whampoa from being divided, but now that Hutchison Whampoa has been acquired, the dominant power is no longer in his hands, and the fate of being divided is still inevitable after all.

I just don't know what else Hutchison Whampoa can leave after today.

"I hope they can be merciful!"

Wei Li sighed in his heart, then shook his head to dispel the bad mentality, helped his tie, and walked in with his head bravely.

After a while, under the guidance of the staff, he entered the conference hall. As soon as he entered, he immediately attracted the attention of most people in the hall.

But most people smiled and nodded at him, showing kindness.

Werry was in a better mood, and sat down in the place where his name was placed, and someone immediately sent him a thick document.

Werry looked through the official Hutchison Whampoa information, which listed more than 200 companies in Hutchison Whampoa, and wrote the characteristics of each company in concise language.

He focused immediately and looked at it carefully.

As time passed, people kept coming in, chatting quietly in twos and threes.

At this moment, Xia Yu's figure appeared at the door, and the venue suddenly became quiet, and everyone stood up and looked up.

Xia Yu walked to the top seat and sat down, glanced around the venue, and found that all the places where the signs were placed were full of people, obviously all there.

"It seems that everyone is very punctual. Now that we are all here, let's start!"

"Everyone has issued a copy of information. You should have seen the rough version before. Now this is the latest detailed version."

"Starting from the company with the most serious losses, if any of you think this company has a reinforcing effect on the company you manage, you can make an explanation on the spot and state your own business ideas. If the advantages are obvious, you can directly decide the ownership on the spot. , If the advantage is not obvious, in order to speed up efficiency, it will be discussed on the next agenda."

Speaking of this, Xia Yu paused, looked at Werry sitting in the front row, and said: "Werry, you can speak at any time. If you think there is a company that is more suitable to stay in Hutchison Whampoa, you too It can be put forward, but a strong reason must be given."

Wei Li was both heavy and relaxed. He nodded heavily. The heavy reason was that he had to keep the company of Hutchison Whampoa. Relaxed was that he heard the meaning of Xia Yu's words. Hutchison Whampoa would still exist, and he would still Will be the general manager of Hutchison Whampoa.

"Then start now."

"The first company..."

Immediately after reading the information, two people raised their hands, and Xia Yu ordered one person to start a statement.

Xia Yu had notified them more than 20 days in advance, so everyone was fully prepared to take shortcuts and grow the company he manages. At this time, the statement was naturally very process.

As long as the reasons are sufficient, Xia Yu directly makes a decision on the spot to determine attribution.

If there is any dispute, put it aside for further discussion.

The efficiency of negotiation was very high, and the ownership of 38 companies was decided in one morning.

At noon, the company’s dining hall will have meals at one point in the afternoon and continue in the morning.

Three days passed in a flash.

At 5 o'clock in the afternoon on November 22, the high-intensity split meeting finally ended.

Hutchison Whampoa, which owns more than two hundred companies, has taken a major lean. At this time, only 52 companies were born. There are so many left. It is because the business of Hutchison Whampoa is too complicated. Many companies under the Jiuding Consortium did not Involved in those industries, so there is no legitimate reason to divide the company more.

The most prominent core companies of Hutchison Whampoa only retain Hutchison Whampoa Port Company and Hutchison Whampoa Real Estate Company.

But the retail business was split, and Watsons Group was split up and merged with Wanning Pharmacy to form a new company, Jiuding Fitness Company. Jiuding Fitness Company has two brands, Wanning Pharmacy and Watsons, and plans are made within the company to make differences. Intensified competition is conducive to market competition.

After being stripped out, Parkn’s supermarkets were all merged into Wellcome’s supermarkets. All existing Parkn’s supermarkets were renamed as Wellcome’s Parkn’s supermarkets. In the future, only Wellcome’s supermarkets will be opened instead of Wellcome’s Parkn’s supermarkets.

The reason why the fortunes of PARKnSHOP is different from that of Watsons Group is that, unlike Watsons Group, PARKnSHOP has not been established for a long time, and its background is not as deep as Watsons Group.

Furthermore, the supermarket market is more competitive. The English name of Wellcome Supermarket is better than that of Baijia Supermarket, which is more advantageous when competing abroad.

It is worth mentioning that Hutchison Whampoa originally held 49% of the shares in the Sheraton Hong Kong Hotel. This part of the shares was transferred to Jiuding Property Group.

Jiuding Real Estate Group established a separate Jiuding Hotel Management Group The Marco Polo hotel brand acquired from the previous acquisition of Wharf, the Mandarin Hotel brand acquired during the acquisition of Land Group, and now Xiangjiang The shares of Sheraton Hotel are all assigned to Jiuding Hotel Management Group for unified operation.

Of course, Hutchison Whampoa is not only divided, there are still some gains.

That is, the strength of Hutchison Whampoa Port Company has greatly increased.

Xia Yu directly decided to merge the Wharf Wharf Terminal Company, which owns three ports, into Hutchison Whampoa Port Company, making the latter immediately own 17 of the 24 Hong Kong terminals, monopolizing 70% at one fell swoop. Market.

As a result, Hutchison Whampoa will have the supreme deterrence in the field of Hong Kong ports, Taikoo Dockyard Company will be overshadowed, and it will lose the possibility of competing with Hutchison Whampoa.

Yang Dajun, former general manager of Wharf Wharf Company, has another appointment.

The two originally owned by Wharf Terminals, HeungKong Tram and Star Ferry (which has merged with HeungKong and Yau Ma Tei Ferry), were merged to form Jiuding Transportation Company.

In Xia Yu’s view, the splitting conference now appears to be a success. Hutchison Whampoa’s weight loss has been successful, leaving only two core business ports and real estate. Hutchison Whampoa Port Co. owns a large amount of land and is owned by Hutchison Whampoa Real Estate. Laid a solid foundation.

At this time, Hutchison Whampoa Real Estate Company can definitely squeeze into the top ten in the Hong Kong real estate industry. Coupled with Xia Yu's original ownership of Jiuding Real Estate Group, the first in the real estate field, Xia Yu's voice in the real estate industry has once again strengthened.

Other companies have their own gains. After so many companies have been annexed, they will definitely find ways to turn losses into profits. They also have the strength and energy to do it.

With the news that Hutchison Whampoa was divided, the attention of various media and bigwigs was attracted, and the reactions were mixed, but Xia Yu no longer cared about this.