Hong Kong Island Chronicles: From Electrical Appliances King to Business Legend

Just as Lijiagang was continuing its plans to acquire a 51% stake in Qingzhou Yingni Company.

At the same time, in the Jardine Newbridge office.

"Knock knock knock!!!"

"Come in."

Newbijian's secretary came in with a document: "Boss, Michaelson from the exchange just sent word that a mysterious big player has bought up all the goods listed on the Qingzhou Yingni market."

"Simultaneously, the declaration of shareholding is made."

"Qingzhou Yingni?"

"This isn't a company we directly manage, is it? Why are you reporting to me?" Newbie looked at his secretary with a hint of displeasure, as if blaming her for the interruption.

Seeing her boss's expression, the secretary became frightened and quickly handed over the documents in her hand: "Boss, these are the documents Mr. Michaelson sent back. He said you'll understand them after reading them."

Although Niu Bijian was dissatisfied, he still took the documents and opened them to read.

"It's that kid again?"

Upon seeing the words "Lijiagang" on the document and reading its contents, Niu Bijian, who had seemed indifferent just moments before, now showed a hint of dissatisfaction.

In fact, he had no direct conflict with Li Jiagang. The reason why Newbijian targeted him was simply because he knew that Li Jiagang was also involved in the Kowloon Wharf stock buyout and was very close to Sir Michael Sandberg, so he subconsciously regarded him as an enemy.

Jardine Matheson and HSBC have been secretly vying for the top spot in Hong Kong's business world for several years.

This is something that everyone in Hong Kong's business community knows.

HSBC's Sir Michael Sandberg and John B. Pikkin are untouchable, as are Pao Yue-kong, who wields considerable influence overseas. Li Ka-shing has cultivated deep roots in Hong Kong for many years, and for the time being, no one has found a way to break through his defenses.

Only Li Jiagang has made significant moves recently, giving Newbikini a breakthrough point, which is why he is being targeted.

The purpose was simply to embarrass Shen Bi and make HSBC and Shen Bi feel awkward.

Lijiagang suffered an undeserved disaster.

"Does he want this cement plant?"

"It's not clear yet. We're still investigating who's behind the account, but..." The assistant hesitated for a moment, "At the HK Electric press conference this morning, a reporter asked Li Jiagang whether he was involved in any schemes related to Qingzhou Yingni, but he denied it."

Upon hearing this, Newbie revealed a playful smile: "Hmph! Since you're an HSBC employee, I'll start by charging you some interest."

"Find out what's going on first."

"Yes, Boss!"

"Wait, also send me the data on the group's shareholding in Qingzhou Yingni."

"Yes, Boss."

3:30 PM, HK Electric headquarters.

Li Jiagang had just hung up the phone with HSBC's Sir Michael Sandberg. Sandberg had made several large transfers through the loan funds allocated to Li Jiagang, which was why he called to inquire about the situation.

But they didn't talk much; Sim Bi only came to congratulate him.

People like Shen Bi are very knowledgeable about the financial market. He doesn't need to ask how many Qingzhou Yingni shares Lijiagang has; he can roughly calculate the data simply by looking at the account's fund expenditures.

Li Jiagang didn't take Shen Bi's call to heart; he was very busy at the moment.

After hanging up, he picked up the internal phone on the table again and dialed Huo Jianning's number.

"Jianning, notify the publicity department that a press conference will be held at 10:00 AM tomorrow."

"Chairman, is the announcement ready?"

"Announce the acquisition details of Qingzhou Yingni, and..." Li Jiagang paused, a confident smile curving his lips, "...our plan to take over the cement plant and enter the cement industry."

"So fast?"

Huo Jianning on the other end of the phone was stunned.

Although he knew that the chairman was planning to acquire Qingzhou Yingni, and that it was he who had proposed it.

But to his utter surprise, just one day later, the boss announced that he would hold a press conference to take over the cement plant, meaning that the boss had acquired at least 30% of the cement plant's shares.

Huo Jianning couldn't help but admire his boss's speed. While marveling at his actions, he also felt fortunate to be working for a boss who made decisive decisions.

At this point, Huo Jianning felt a strong sense of belonging to the company and to Lijiagang.

Even if Li Jiagang asked him to leave now, he probably wouldn't be willing to go. After all, he has truly gained the opportunity to realize his ambitions here, and at the same time, he sees unlimited potential for the company and his boss.

How could he bear to leave?

"Kenning, remember this: if you believe something will help the company's future development, then go ahead and do it. That's my style of doing things."

"Go and make the arrangements quickly."

"You'll be very busy in the days to come," Li Jiagang said to him with a smile.

"Yes, Chairman."

"Oh, right, wait a minute, notify all the management of Legendary Company and recall the people who were sent to Hong Kong Electric. We'll have a big meeting at 5 o'clock sharp."

"Okay, boss."

Li Jiagang wasn't lying; in the coming period, everyone in the company, including himself, will probably be extremely busy.

With the major restructuring of HK Electric, including unit upgrades and comprehensive renovation of power grid equipment, the company is also integrating land resources, developing land with Cheung Kong Holdings, and developing small plots of land on its own.

Meanwhile, the electronics company...

The first product, a fully automatic washing machine, has completed testing. Materials are being procured at a frantic pace, and various parts and accessories are being manufactured in collaboration with other factories. The factory will begin mass production in the next couple of days once the production line and molds are back in place.

The next steps include product promotion, business development, and preparations for product launch and sales.

And now, if we add Qingzhou Yingni to that list.

After taking over, there will be a liquidation and handover process, followed by resource integration and restructuring of the cement plant's management experience and practices.

There are also a series of new development plans following this.

All of these things came together.

How can we prevent them from being so busy they take off?

Just then, his phone rang again.

"I am Lijiagang."

"Young Master Li, the acquisition of 45.68% equity in Qingzhou Yingni has been completed."

"I will be meeting with representatives from two investment companies later, and if all goes well, the acquisition of 51% of the shares should be completed today."

"Alright, alright, go ahead and talk."

"Please contact me anytime if you encounter any problems during this period."

"I'll reward you handsomely afterwards."

"Thank you, boss."

"By the way, I'm planning to set up an investment company later. Manager Wang, would you be willing to come and help me manage it? You'll get dividends from your shares every year."

"Young Master Li... are you serious?"

"certainly."

"Thank you, boss. I'd be happy to."

"Alright, I'll contact you again once I've set up the investment company."

"it is good."

Wang Fusheng on the other end of the phone was so excited that he could hardly contain his excitement.

Actually, he had wanted to suggest following Li Jiagang for a long time.

It's just that I haven't found a good opportunity yet.

Now Li Jiagang has taken the initiative to invite him and has even promised him to manage the company and receive dividends from his shares, which is much more attractive than he had previously thought.

How could he not be excited?

It was soon 5 p.m.

In the conference room of Legendary Company.

All of the company's management team members were present.

"Let's begin the meeting once everyone is here."

"This meeting mainly covers three things."

"First: I have arranged for someone to secretly acquire Qingzhou Yingni Cement Plant. If nothing unexpected happens, the acquisition of absolute control will be completed today."

Wow!!!

Apart from Huo Jianning, the other members of the management team at the scene were whispering and discussing the news among themselves.

However, many people are curious as to why the chairman would acquire a cement plant that has been losing money year after year; they simply don't understand.

But Li Jiagang did not immediately offer an explanation.

"Everyone should just listen quietly to the meeting content."

"Second: I plan to establish the Legend Group, with the electrical company, Hong Kong Electric, and Qingzhou Ying Cement as the foundation for the group headquarters."

I will purchase the old power distribution factory building in Central from HK Electric on behalf of the group, and will then completely renovate and transform it into the group headquarters.

"Third: Personnel appointment. Ms. Li Haiming is hereby appointed as the Group's Deputy General Manager, effective immediately, to initially manage all affairs of the Group."

At the same time, Mr. Huo Jianning was appointed as the Group's Chief Director and Chief Financial Officer to assist Vice President Chen Shaofen in setting up the Group's framework, building its team, and reconstructing the headquarters building, among other things.

Ren Gaofuhai was appointed as the group's department director, responsible for the group's future departmental work and business development.

"At the same time, the original position remains unchanged."

"High-ranking positions in other departments of the group will be filled by deputy general managers, chief directors, and department directors."

"Next, please report on your respective work."

Li Jiagang immediately laid out his next development plan.

Now that he is about to acquire "Qingzhou Yingni" as well, he will control three companies, all of which are either fully or completely owned.

It will definitely be necessary to establish a group headquarters, set up offices, and assign responsibilities to each subsidiary.

Otherwise, where will he work?

Do you need to handle Hong Kong Electric business at an electrical appliance company?

Is he still handling electrical appliance company matters at HK Electric?

That doesn't make sense. Without a unified management office, it would be difficult for him to perfectly manage all the companies, so forming a group is necessary.