Chapter 504 Different Perceptions
After Wang Yuanchao finished his instructions, Liu Mei walked out of Wang Yuanchao's office with a little confusion and a resolute attitude. She first went to find Luo Yihua and asked Luo Yihua to arrange a decoration team to go to the garment factory to decorate the office for the design department.
Then he returned to his office and began to arrange for his subordinates to contact the newspaper and start recruiting models according to Wang Yuanchao's requirements.
After Liu Mei went out, Wang Yuanchao made another phone call and asked Ouyang Yuanfang and Liu Qianqian to come to his office.
"General Manager Ouyang, Director Liu, the development strategy of the group's clothing company is to open three flagship stores of our company's Victoria's Secret women's lingerie in three locations: Queen's Road in Central, Hong Kong, Russell Street in Causeway Bay, and Harbour City in Kowloon.
How are your searches going for the shops in these three places?"
"Boss, the Landmark on Garden Road in Central is now open for rent, but it will probably take another two years to complete.
Another is the SOGO Department Store in Causeway Bay, which brings together many local and international brands and is the best and most prosperous commercial plaza in Causeway Bay. However, like the Landmark in Central, the shops of SOGO Department Store are not sold directly to the outside world. Instead, they are owned and managed and operated by the department store as a whole, and are open to external investors and tenants.
The commercial plaza under the Ocean Terminal in Kowloon Harbour City is now open for leasing, but the entire Harbour City property is owned, operated and managed by the Wharf Group and is not for sale to the public.
Wang Yuanchao nodded a little sadly. These wealthy businessmen in Hong Kong are not fools. The commercial plazas in the core and prosperous streets are basically rented out by themselves and not sold to the outside world. This situation makes Wang Yuanchao very uncomfortable.
After hearing the situation, Wang Yuanchao smoked a cigar in boredom, tapped the desk with his right fingers, and began to ponder.
Seeing Wang Yuanchao thinking about something, Ouyang Yuanfang and Liu Qianqian did not dare to move, for fear of interrupting Wang Yuanchao's thoughts.
After a while, Wang Yuanchao finally let out a sigh of relief and said, "My attitude towards the company's long-term development has always been the same, which is to own the property, rather than renting it from someone else and paying rent to them for a long time, and then having to look at their faces.
Since the situation is like this, let's change the plan.
General Manager Ouyang, Minister Liu, you two must find a street-facing tenement building or building near Pedder Street and Garden Road in Central, and the company will purchase it when the time comes, and it will be used as the flagship store of the Victoria's Secret lingerie brand. As for Causeway Bay, General Manager Ouyang, you can discuss with General Manager Luo Yihua to see if we can carve out an area of 200 to 300 square meters on the street side of our Food Street project, and our company can build a three- or four-story flagship store ourselves. As for Kowloon, we will first rent a shop of about 1,000 square meters in Harbour City as a flagship store, and after the company's commercial plaza at Tsim Sha Tsui Pier is completed, we will move the Victoria's Secret lingerie brand flagship store back to our own commercial plaza.
What do you think? "
After Ouyang Yuanfang thought about it carefully, she slowly said, "Boss, the arrangements in Central and Kowloon are not a big problem.
I will contact HSBC in Central. With their resources and channels, as long as we start out, it shouldn't be a problem to buy a street-facing tenement building or a building in Central. But there are some problems here in Causeway Bay. The land for our company's Food Street project is not large, and construction has already started. If we need to make temporary changes to the design drawings, the preparatory work that took so long in the early stages and the current foundation will need to be demolished and started over. Not only will the company face huge losses, but the main reason is that there is not enough land for the project, and it is impossible to carve out land to build a flagship store for the Victoria's Secret brand.
Boss, I hope you can reconsider this."
After thinking about it, Wang Yuanchao simply said, "Then let's buy a tenement building or a building on the street in Causeway Bay.
I still don’t believe it, so I throw money at it.”
In fact, the prosperous or large commercial streets and commercial plazas in Hong Kong are all owned by some foreign companies and Chinese tycoons.
Although Hong Kong's business is very prosperous, most of the merchants doing business are renting shops, and only a few in Hong Kong society own shops to do business.
Therefore, Ouyang Yuanfang didn't quite understand why Wang Yuanchao had to do business on the property owned by his own company. After all, everyone rented shops to do business, so why couldn't his own company do it? However, when Ouyang Yuanfang heard that Wang Yuanchao was going to use money to buy a building to solve the problem, she felt relieved. Ouyang Yuanfang was not afraid of doing things, but she was afraid that the boss would insist on doing it even though he knew it couldn't be done. That would be a mess.
"Okay, boss. I'll contact HSBC in a moment and pick out a suitable property for you to choose from as soon as possible."
Wang Yuanchao breathed a sigh of relief, nodded, and said with emotion:
"Hong Kong is not a big place, but it has a developed economy, is a mixed crowd of good and bad people, and is crowded with people from all walks of life.
If we want to develop steadily, we must not leave loopholes that can be attacked from the very beginning. The idea that it is better to rent than to buy is something that the top officials who control social resources say to everyone and they want everyone to do it.
Only in this way can this group of people hold huge properties, sit at home and comfortably reap the wealth of society, and reap the leeks of those who want to get rich by doing business. Only in this way, no matter how the society changes in the future, their economic income will not be affected, and they will be able to sit back and enjoy a rich life, allowing their descendants to enjoy a rich life from generation to generation.
The future of our company must be to master huge social resources and huge properties.
So at the beginning, no matter how difficult the development process was, we had to stick to the process of company development and hold our own core properties.
Instead of thinking about renting other people's properties and thinking about developing by borrowing chickens and eggs.
We may make money in this kind of business, but others will definitely not lose money.
But the risks are all borne by us merchants, and I don’t want this business model.
In addition, General Manager Ouyang, you should pay more attention to the land transactions near Hong Kong Island and Kowloon. If there are any, please inform me as soon as possible. Our company should purchase all the land that can be purchased first, as the company's inventory, the accumulation and foundation for the company's future development, understand?"
Ouyang Yuanfang was very shocked by Wang Yuanchao's speech just now. It almost overturned her understanding of business.
But after calming down for a while, he couldn't help but sigh with a wry smile. Only someone as rich as Wang Yuanchao, whose company makes so much money and whose working capital is so sufficient, could speak so lightly about such ambitions and challenges the current business rules. If he didn't have the strength and said such things, he would really be considered a madman.
"Okay, boss, I will contact HSBC and keep an eye on the land auction organized by the Hong Kong government."
"Well, we should also contact and communicate more with companies and wealthy people who own land. As long as it is land in Hong Kong Island and Kowloon, we will buy it if we have the chance."
"Okay, boss."
(End of this chapter)
Continue read on readnovelmtl.com
