Baiyue Cave Master

Chapter 534 Different Cognitions

After Wang Yuanchao finished his instructions, Liu Mei walked out of Wang Yuanchao's office with a little confusion and a firm attitude of execution. 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, Minister Liu,

The development strategy of the group's clothing company is to open three flagship stores of 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 Garden Road Landmark in Central is now open for rent.

However, it is estimated that it will take another two years for the Landmark Plaza to be completed.

Another is the Sogo Department Store in Causeway Bay, which gathers many local and international brands and is the best and most prosperous commercial plaza in Causeway Bay.

Just like the Landmark in Central, the shops in Sogo Department Store do not sell directly to the public.

It is owned, managed and operated by the department store as a whole, and is open to external investors and tenants.

The commercial plaza downstairs of the Ocean Terminal in Kowloon Harbour City is now open for leasing.

However, the entire Harbour City property is owned, operated and managed by Wharf Holdings 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 made 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 let out a breath and said:

“My attitude towards the company’s long-term future development has always been 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, Director Liu, you two must find a street-facing tenement building or building near Pedder Street and Garden Road in Central.

At that time, the company will invest in purchasing it and use it as the flagship store of the Victoria's Secret lingerie brand.

Regarding Causeway Bay, General Manager Ouyang, please discuss with General Manager Luo Yihua to see if we can carve out an area of ​​2 to 300 square meters on the street side of our Food Street project so that our company can build a three- or four-story flagship store.

As for Kowloon, we will first rent a shop of about 1000 square meters in Harbour City as a flagship store, and wait until the commercial plaza at Tsim Sha Tsui Pier is completed.

Then move the Victoria's Secret lingerie brand flagship store back to its 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 from scratch, it shouldn't be a problem to buy a street-facing tenement building or a building in Central.

But here in Causeway Bay, there are some problems.

The land for our company's food street project is not very large, and construction has already started.

If the design drawings need to be modified temporarily, the long preparation work and the current foundation will need to be demolished.

The company will have to face huge losses.

The main reason is that there is not enough land for the project, and it is impossible to find land to build a flagship store of the Victoria's Secret brand.

Boss, I hope you can reconsider this."

After thinking about it, Wang Yuanchao simply said:

"Then 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 wealthy Chinese families.

Although Hong Kong's business is very prosperous, most of the merchants are renting shops, and only a few of them own shops in Hong Kong society.

Therefore, Ouyang Yuanfang couldn't quite understand why Wang Yuanchao had to do business on the properties owned by his company.

After all, everyone rents shops to do business, so why can't one's own company do the same?

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 could not be done. That would be a mess.

"Okay, boss, I'll contact HSBC in a moment.

We will quickly select the right property for you to choose from.”

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 safely, we must not leave loopholes for others to attack 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 is,

We must also persist in holding our own core properties during the company's development process.

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 so, please inform me immediately. Our company will purchase all the land that can be purchased as the company's inventory and the accumulation and foundation for the company's future development.

Do you 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 made so much money and whose working capital was so sufficient,

Only then can he speak so boldly and challenge the current business rules.

If you say these things without the ability, people will think you are crazy.

"Okay, boss, I will contact HSBC and keep an eye on the land auction organized by the Hong Kong government."

"Well, we should also 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."

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