Chapter 292: Write an Internal Letter to Participate in Hong Leong Group
"Hello, is this Mr. Li? I'm Ren Xiaoying from the Xinhua News Agency's Singapore reporter station..."
It turned out that the caller was Ren Xiaoying, the financial reporter of Xinhua News Agency in Singapore who came to interview Li Xiaofan last time. Those sharp questions made Li Xiaofan sweat all over.
"Hi, hello reporter Ren!"
"Mr. Li, I recently saw reports about your Yahoo Singapore station project from the Singapore media. I also want to do an exclusive interview. Is it convenient?"
"That must be convenient. I'll be here these days."
"Is it convenient for you this afternoon?"
"Can……"
Finally, we made an appointment at 2pm, and Ren Xiaoying came over to interview Li Xiaofan.
This time, Ren Xiaoying was not as sharp and gossipy as last time. Her interview mainly focused on Li Xiaofan's Yahoo Singapore station project.
When the interview came to an end, she said thoughtfully: "Mr. Li, when our leaders and colleagues at the Singapore station saw reports of your project in the Singapore media, we were discussing that your project is actually very important. How we help small and medium-sized enterprises in China go overseas is very valuable. Have you considered returning to China to invest in a similar project? "
"Of course there is. You may have to wait for the right time. In fact, the last time I returned to China, I met a teacher Ma who was working on the China Yellow Pages project in Hangzhou. Their China Yellow Pages are also doing similar things to help domestic companies build English web pages for overseas promotion. project, but Teacher Ma feels very tired.”
"Why?" Ren Xiaoying asked.
"I analyzed it and found that there are probably several reasons. First, the country did not have Internet access conditions at that time, and very few people had access to the Internet. Many people did not understand the Internet. Second, a website similar to the Chinese Yellow Pages created by Teacher Ma lacked traffic. Fame. Without clicks and traffic, their website has almost no value..."
"Mr. Li, the domestic telecommunications department has now opened the door for domestic residents and enterprises to register and open accounts to connect to the Internet. It is said that the number of Internet users is growing rapidly. A company like yours is backed by the huge traffic of the American Yahoo website. It should go back to China to develop A similar project like Yahoo’s Singapore site will help a large number of our domestic small and medium-sized enterprises to go overseas!”
"Reporter Ren, the matter you mentioned is indeed under my consideration. However, the Yahoo! Singapore site has just been launched. Next week we will open an online bookstore project in Singapore. At present, our energy is really limited, so we may not do it for the time being. Invest in similar projects in China at once.”
Li Xiaofan continued: "Moreover, our Yahoo Singapore site project has received full support from the Singapore Small and Medium Enterprises Association and funding from relevant government agencies such as the National Productivity Agency of Singapore, so that our Yahoo Singapore site can be successfully opened and operated. At present, our The advertising revenue of the project is still very small, and the main source of income relies on A large number of member companies of the Singapore Small and Medium Enterprises Association come to our website to customize personalized web pages. Half of the cost is subsidized by the Singapore government, so our website can maintain operations. Therefore, if we rashly invest in a similar website in China now, if there is no such thing, With government subsidies, this project will definitely not last long..."
"Oh, Mr. Li, I probably understand what you mean. After I go back, I will report to the leadership and try to write an internal reference to attract the attention of the Ministry of Foreign Trade and Economic Cooperation! I personally feel that the current domestic situation strongly supports you to open an The Yahoo China site project is very necessary for projects like yours to include the American Yahoo website. The huge traffic support can help a large number of small and medium-sized enterprises in mainland China to go overseas. They can display their products to the world and even obtain orders without going abroad. I feel that if done well, the effect may be no less than that of the Canton Fair. Or in a sense, it is an 'online Canton Fair'!" Ren Xiaoying's thinking is very quick.
"Yes, Reporter Ren, you and I have thought about it together. However, only if the government departments pay attention to this matter, think it is meaningful, and provide us with strong funding, we will do it. Otherwise, at present, the country may temporarily I don’t have the investment conditions…”
"Okay, thank you again, Mr. Li, for accepting my interview despite your busy schedule. I'll go back and sort out my thoughts. After reporting to our leaders, I'll try to write an internal reference report and send it back to China as soon as possible!"
"Thank you so much!"
After sending Ren Xiaoying away, Li Xiaofan was thinking that if the domestic Ministry of Foreign Trade and Economic Cooperation really had the foresight to come to him for cooperation, he would indeed be able to return to China and open up a new world. The domestic market is huge!
For me now, the top priority is to make these projects in Singapore solid.
…
In the evening, Liu Shihui drove Liu Yanping and financial director Zhou Xiaoqing back to the company office from Johor Bahru and reported to Li Xiaofan the results of today's trip to Johor Bahru to connect with the "Pacific Online Bookstore" Malaysia project.
After they arrived in Johor Bahru, Hui Ge arranged for his men to accompany them to the Malaysia Post Company in Johor Bahru today, and visited the largest local state-owned Maybank and the Chinese-founded Hong Leong Bank of Malaysia. Banking institutions, the results are very good.
After being corporatized, Pos Malaysia is also actively expanding its business channels. When the head of the Johor Bahru branch heard about the new business of an online bookstore, his attitude was very positive and he stated that he would actively cooperate with it.
Among the local bank branches in Johor Bahru, the most active one is Hong Leong Bank Malaysia.
The predecessor of Malaysia's Hong Leong Bank was Guangli Bank, which was established in Kuching, Sarawak, East Malaysia in 1905. After being acquired by Malaysia's Hong Leong Financial Group, led by Kuok Leng Chan in 1994, it was renamed Hong Leong Bank and listed on the Kuala Lumpur Stock Exchange that year.
There are two major Kuok families on the list of Southeast Asian billionaires. One is the Kuok family of Kerry Group, with Malaysia's richest man Kuok Henian as the core, and the other is the Kuok family of Singapore's Hong Leong Group, founded by Kuok Fangfeng.
Kuok Leng Chan, the boss of Malaysia's Hong Leong Bank, is one of the heirs of the Hong Leong Group and the nephew of Kuok Fangfeng. Kuok Leng Chan's cousin is Kuok Leng Ming, the son of Kuok Fangfeng, the founder of Singapore's Hong Leong Group, who is in charge of Singapore's Hong Leong Group.
Kuok Leng Chan was born in Singapore in 1944. His father Kuok Fanglai is the eldest brother of Kuok Fangfeng, the founder of Singapore's Hong Leong Group. Before Kuok Leng Chan became famous, the Kuok family and Hong Leong Group were already famous in Southeast Asia. Later, due to disagreements in business, the Hong Leong Group, co-founded by the four brothers Guo Fangfeng, decided to split up. Guo Fanglai immigrated to Malaysia to develop and continued to operate under the brand of the Hong Leong Group.
Li Xiaofan still had some knowledge of the Singapore Hong Leong Group and the Malaysian Hong Leong Group.
In his previous life, under the leadership of Guo Lingcan, the Malaysian Hong Leong Group developed into one of the five largest Chinese multinational conglomerates in Malaysia with 14 listed companies in Southeast Asia and Hong Kong, with a market value of up to US$14 billion and investments in countries and regions such as Malaysia, mainland China, Hong Kong, Singapore, the Philippines, the United Kingdom, the United States and Australia.
Guo Lingcan's achievements and wealth also surpassed his uncle Guo Fangfeng's family and his Singapore Hong Leong Group.