Chapter 304: Xiangjiang Company, Miracle Large-Scale Privatization?



Miracle Group's bonus system is composed of several parts, including scientific research achievements, sales performance, and year-end dividends achieved by each department. The basic salary for the whole year is still lower than the bonus.

Therefore, the Miracle Group is very competitive and one can buy a house in Hong Kong after working in the group for a few years.

Now all kinds of talents in Hong Kong hope to work for Miracle Group, and it has even become the most ideal employment company for talents in Southeast Asia.

Bao Junyi smiled and said, "We previously acquired a large number of companies in Hong Kong. Have they all been delisted now?"

"Bao Sheng Sheng, basically all of them have been delisted."

"Among them, the original Hong Kong Electric Company held 46.69%, China Light and Power 48.57%, Hong Kong Telephone Company 47.56%, Cathay Pacific Airways 43.28%, Hong Kong and China Gas 43.18%, Hong Kong Telecom 49.78%, and Prudential 42.57%, etc."

"We slowly accumulated shares over several months and increased our holdings to over 75%, meeting the delisting requirements and raising our stake to delist."

"Now our Miracle Group controls Hong Kong's aviation, lighting, electricity, gas, communications, and insurance sectors, and holds a decisive voice in the market."

Bao Junyi laughed with satisfaction and said, "Very good, our Miracle Group basically controls most of Hong Kong's infrastructure supply."

"Only now can we say that Hong Kong is the base of our Miracle Group."

"Miracle Group has all these, and it also has a yellow jacket that can withstand many problems."

Yuan Tianfan made a bitter face, hesitated for a moment, and said, "Bao Sheng, it may not be as good as you expected."

"What's the meaning?"

"Mr. Bao, much of Hong Kong's infrastructure was built over 20 years ago and is now severely aged. They are only being repaired and used."

"Furthermore, after we took over, we discovered that the internal management was chaotic and that there were countless connections. The fact that they were able to maintain their profits was because Hong Kong citizens had no other choice. Otherwise, they would have gone bankrupt long ago."

Bao Junyi frowned and said, "Is it that serious?"

"Yes, Bao Sheng, it's more serious than you think."

Bao Junyi's face was gloomy, and his eyes were vicious as he said, "Since he is already seriously ill, then let's have a major operation."

"Bao Sheng, what do you mean?"

"Regarding these major companies, all the talented individuals should be retained, and the rest should be fired and recruited from outside sources."

"Also, we will draw elite backbone personnel from all major departments of Miracle Group. Those who meet the corresponding requirements will be added to the team to resume operations as soon as possible without affecting the operations of major companies."

"At the same time, the following privatized companies will all be renamed Hong Kong Miracle Airlines, Miracle Electric Light, Miracle Electric Power, Miracle Gas, Miracle Telephone, Miracle Prudential, etc."

Yuan Tianfan was shocked and said, "Bao Sheng, will there be any problems if you touch so many companies at once?"

"We can start with one or two companies and gradually complete the major replacement."

Bao Junyi shook his head and said, "We must cut the Gordian knot now. We can't delay a serious illness any longer. We need to resolve it quickly."

"Otherwise, there will be even greater trouble later."

Yuan Tianfan worriedly asked, "Mr. Bao, what if those people who were fired start causing trouble?"

"After all, we are being watched by all countries now, and any little disturbance will be involved in international news."

Bao Junyi didn't care and said, "Why do you care so much? Am I afraid of them?"

"If they want to cause trouble, we will work with several top law firms and have them send legal letters door to door to those media reporters."

"I just don't believe it. I can't cure them."

Yuan Tianfan sweatdropped and said, "Mr. Bao, we can't offend all the media reporters. Otherwise, who will speak for us in the future?"

"If no one speaks for us, then we can just buy one ourselves. What are we afraid of?"

Yuan Tianfan was speechless and said, "Okay, what are the plans for these companies going forward?"

"After all, Hong Kong residents have complained thousands of times about outdated equipment and poor infrastructure."

Bao Junyi thought for a moment before saying, "We will allocate $500 million from Miracle Group to upgrade these basic equipment and increase access to gas and electricity in remote areas."

"At the same time, secretly spread the news. After the news has spread, contact reporters from major media outlets to hold a press conference."

"boom!"

Yuan Tianfan's face was filled with shock. Who said the boss didn't know how to market? No one could find fault with this approach. Moreover, this would truly benefit the people's livelihood, and Hong Kong citizens wouldn't have to spend any money.

Moreover, Bao Junyi's actions also reduced the resistance to monopolizing Hong Kong's basic industries and laid the groundwork for future smear campaigns.

Yuan Tianfan said gratefully, "Mr. Bao, I thank you on behalf of the people of Hong Kong."

"However, if this happens, the group's major infrastructure upgrades in Hong Kong may result in a long period of time without a return on investment."

Bao Junyi waved his hand and said, "Do I care about this little profit?"

"Besides, I can just sell more arms and I'll have it. What matters to me is the hearts of the people of Hong Kong. Will they stand by me and the Chinese mainland in the future?"

"If I have a certain level of public prestige, I can help Hong Kong land smoothly when it returns to power in the future, and I..."

Yuan Tianfan nodded heavily and said, "Mr. Bao, I understand."

"Um."

"In addition to Hong Kong, you should also increase your investment in the Tokyo Stock Exchange, especially in those leading chaebols and high-tech companies such as Sony, Toshiba, Hitachi, NEC, and TDK."

"I plan to invest another $10 billion in the Sakura Country stock market, and through various channels, slowly flow it into the Sakura Country stock market account."

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

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