Mainland tycoons are keen on annual meetings, and Changhe has an annual profit of tens of billions

Mondo Finance Updated on 2024-02-04

Mainland tycoons are keen on annual meetings, and Changhe has an annual profit of tens of billions

At the end of each year, it is the time when large companies hold their annual meetings. If you have worked in a large company, you will definitely remember the big annual meeting of a mainland company vividly.

The scale of the annual meeting of many large companies is actually comparable to the local Spring Festival Gala. First of all, the hosts are all stars, basically well-known hosts of local TV stations, or CCTV-level hosts. The second is that there are many stars, and it is embarrassing not to invite some celebrities. The third is the large scale, which is basically above the large-scale concerts.

Of course, the cost of organizing such a party is also quite high. The process of the annual meeting of large companies in mainland China is basically as follows: first a meeting, some even have a meeting for a day or two, different departments and different levels of management first hold their own meetings, and then the whole company gets together to summarize last year's profit and loss.

Then there was a big party, of course, the leaders' performances and speeches on stage, and finally dinner, where everyone exchanged ideas and looked forward to next year.

In this process, it is definitely not possible to spend tens of millions of yuan, and if it is spent more, it is normal to spend hundreds of millions of yuan. The most famous is the Wanda Spring Festival Gala, the director of the gala and even the deputy director of the Spring Festival Gala, at the level of March every year, Wanda begins to prepare for the Wanda Spring Festival Gala at the end of the year, and each process is very meticulous.

Not long ago, the annual meeting of the global festival held by Gree also attracted a lot of attention. Dong Mingzhu naturally came to the stage to make a generous statement.

However, it is strange that Hong Kong companies, such as Li Ka-shing's Cheung Wo Group, rarely do this kind of business. When it comes to the ability to make money, Cheung Ho Group can definitely make mainland companies bow down. Take Gree as an example, earning 29 billion yuan a year, which is already very powerful.

The Changhe family makes tens of billions of dollars a year, which is very stable. However, Li Ka-shing never holds an annual meeting. Every year on January 9, Changhe holds an internal annual meeting, but this annual meeting is completely different from the annual meeting in our mainland perception. There are no singing and dancing performances, no celebrities, no TV hosts, basically Li Ka-shing and his son summarize the gains and losses of the past year, and then everyone gets together to eat and communicate.

In fact, this reflects that the business style and corporate culture of Hong Kong enterprises are completely different from those of mainland enterprises. Recently, at Gree's annual meeting, a sentence"My mother is Dong Mingzhu"It caused controversy. Although it is said to be a joke, there is hardly any similar *** and boast in Hong Kong enterprises.

For example, in Li Ka-shing's company, it is rare to see employees avoiding Li Ka-shing. Many wealthy people in the mainland came from poor backgrounds, and once they came to power, they also liked this kind of scene and enjoyed it in person, like a prosperous era.

At that time, on the occasion of Evergrande's 20th anniversary, some actors who read about Evergrande were bragging, and netizens were embarrassed. Mainland tycoons also like to indulge in *** within the company, in fact, this kind of culture is not conducive to the long-term development of enterprises.

Why have so many companies failed on the continent in recent years? The real estate industry and the pig industry have indeed closed down one after another. However, after the collapse of so many real estate companies in the mainland, we see that the big four real estate companies in Hong Kong are still doing well. Li Ka-shing's Cheung Kong earned more than 20 billion yuan last year.

The radicalism of the continent's plutocrats manifests itself in many ways. Many tycoons think that they are omnipotent in good times, decisive within the company, those who go with it will live, those who go against it will die, and they will blindly expand their influence externally. But the end result, of course, is stormy.

In terms of Li Ka-shing's strength, even if you look at the world, there are not many people who really have more wealth than him. However, all businessmen who have come into contact with Li Ka-shing say that Li Ka-shing is a very humble person. This humility is deep in the bone marrow.

Li Ka-shing is very modest on the outside and tough on the inside. **It has been reported that in Evergrande, if subordinates do not listen to Xu Jiayin**, they may be arranged to the marginal department at any time. Ren Zeping also said that at that time, he proposed the idea of reducing debt at Evergrande, but Xu Jiayin not only did not listen, but also thought that he lacked foresight.

But Li Ka-shing is different, he rarely gets involved in the specific management of the company. He once revealed that in the company, even if he invests 20 billion, he does not sign, and asks his subordinates to study, participate if they can, and do not participate if they can.

Li Ka-shing has hired a large number of talented people from within the company, while at the same time respecting them very much and giving them full authority to manage the company.

In fact, in terms of management art and business culture, mainland enterprises are indeed worthy of learning from Hong Kong enterprises, and the pragmatic spirit of Hong Kong enterprises is indeed worth learning from mainland enterprises.

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