The Age of Rebirth

In fact, such things as equity incentives are rare in countries dominated by state-owned enterprises, and there is no policy support.

If there is such a policy, the executives of these state-owned enterprises can provide equity incentives for themselves, which will be such an exciting thing.

After all, the boss of a state-owned enterprise is the state, but executives have more power than the boss. Who doesn't want to motivate themselves.

Therefore, there will inevitably be some illegal behaviors in this situation, which is also the main reason why the domestic equity incentive policy has not been implemented.

So far, only a small number of private business owners have recruited the company's executives and employees in some important positions for the company's development and their own interests.

Through this method, migrant workers are turned into partners, hoping that partners can create more value for the company.

Of course, although this kind of incentive is not popular in China, or without the support of laws and regulations, many people dare not do it.

However, he has quite mature experience in foreign countries. The consulting company hired by Li Weidong can naturally make a realistic equity incentive plan based on the company's situation.

According to the current situation, Li Weidong's treatment for these executives is quite good, and there is no need for equity incentives.

But because of this, the treatment of employees is already very high. If employees are simply motivated by increasing salaries, the effect will definitely be greatly reduced.

Instead of this, it is better to increase a part of equity incentives, which can not only retain and attract talents for the company, but also manage them through these equity restrictions.

If these stocks want to exercise their rights, they will definitely not be casual and simple, and there will inevitably be many rules and regulations.

For example, working years, company performance, in order to achieve these, these executives must calm down and create more profits for the company.

And in addition to attracting talents to create profits, it can also change the company's equity structure.

After all, the shareholders of Xinsheng Holdings are quite different now, almost regarded as Li Weidong's sole proprietorship.

In fact, Xinsheng Holdings faced the problem of equity at the beginning of its establishment, but at that time, various systems and laws were not perfect, and many things were improvised.

But now the company law is gradually improving, and various laws related to enterprises are also being improved step by step. What can be done before may not work in the future.

Now introducing more company shareholders, even very small shareholders, can also change the nature of Xinsheng Holding Company at the legal level.

Of course, there must be many reasons why Li Weidong made up his mind to do this. The situation of those big companies he met in his previous life also had an immeasurable impact on him.

The most typical example is Huawei, although the shares held by employees belong to the castrated version-only dividend rights and no voting rights.

But I have to admit that the attractiveness of this company to employees is definitely among the best in China.

The only thing that can surpass him is the end of the workplace - the system.

As for the reason why the number of people in the system exceeds Huawei, it is not real income, but the illusory stability and so-called decency. If you want to be stable for a lifetime, it is a good choice.

Although there are many big Vs in the later generations who are sour on the Internet, comparing Huawei with a certain fruit, talking about the value created per capita, talking about overtime work is only a fraction of the fruit, and so on.

But even so, it cannot be denied that this is a great company, at least the employees working in Huawei can create a decent life for their families.

The most fundamental reason for this is equity incentives. It can be said without exaggeration that this is the best company with equity incentives.

Moreover, it is very difficult to find a company with such huge assets in the world, but it is completely owned by a certain person, which is too idealistic.

Although Li Weidong does not need to introduce any strategic partners now, a company with only one shareholder must have its flaws in the system.

Now Li Weidong uses equity incentives to smooth out this defect, which can be regarded as a success in one fell swoop.

The two talked about some work matters, and Zheng Sijing left Li Weidong's office with a surprised and tangled expression on his face.

This is the first time he heard that the company is going to engage in equity incentives, and even McKinsey has already issued a plan for Li Weidong.

Judging from this situation, it seems that Li Weidong's determination to engage in equity incentives is not too great, otherwise he would not have done a good job of keeping secrets.

But telling him about it now means that Li Weidong will definitely do it.

It's not that Zheng Sijing, including Zou Yi, and other executives have never thought about investing in Li Weidong's company, but as the company grows larger, this idea becomes more and more remote.

Now Li Weidong told them that to engage in equity incentives, although the shares are not free, it is definitely a good thing for those who have no intention of resigning.

To start a career, you must have something of your own. How can a simple part-time job be considered a career.

At this time, Zheng Sijing suddenly remembered that Zou Yi he met when he entered Li Weidong's office just now, no wonder he was so happy at that time.

Of course, it is impossible for Zheng Sijing to know that Zou Yi is not happy because of equity incentives.

Zheng Sijing left, but Chen Jun didn't immediately invite Li Shihui, the president of Minsheng Bank who will report to Li Weidong, to come in.

Instead, he got up and added a cup of tea to Li Weidong, wanting to confirm Li Weidong's status.

After all, I have talked with the two vice presidents for such a long time, and the things I talked about are more important. It is very exhausting and I should take a break.

"What time is it?" Li Weidong leaned against the boss chair with his eyes closed, and asked softly when he heard the sound of pouring water.

"11:05!" Chen Jun also replied softly.

"Oh, time flies so fast!" Li Weidong sighed seemingly unintentionally, his eyes still closed, as if he was very tired.

"Chairman, why don't I inform President Li to come back in the afternoon?" Chen Jun saw Li Weidong's fatigue and asked softly.

"No need!" Li Weidong opened his eyes and shook his head lightly, then continued, "Let him come over!"

"Okay, he's in the lounge next to him, I'll invite him over right away!" Chen Jun replied immediately after hearing Li Weidong's order.

He can suggest Li Weidong's itinerary, but there is no room for negotiation on what Li Weidong ordered.

Chen Jun didn't use the phone in the office to notify Li Shihui to come, but walked over to inform him, so that Li Weidong could be quiet for a while.

But the lounge is next door, even if Chen Jun delays, it won't be too long.

Two minutes later, Chen Jun walked into the office, and then invited Li Shihui, who was behind, into the office with a gesture of invitation.

Hearing the movement, Li Weidong opened his eyes, then got up and walked over with a smile on his face, showing no signs of exhaustion just now.

When Li Shihui entered the door, he happened to see Li Weidong get up, so he quickly walked a few steps, and said with a smile on his face, "Hi, chairman!"

Li Weidong and Li Shihui shook hands, and said with a smile, "I haven't seen you for a few days. Seeing your rosy face, you must have brought me good news!"

"Haha, the chairman has sharp eyes, I have such a thick skin and hide so deeply, you have seen it all!" Li Shihui said with a self-deprecating smile.

As Li Shihui got older and his career flourished, his body became more and more mellow, and he smiled like a Maitreya Buddha.

Naturally, his skin is not thin, and he looks like a person with good fortune. Naturally, such a person is the most suitable person to be the president of a bank.

"I just like to hear good news. Come, sit down, and talk while drinking tea!" Li Weidong pointed to the coffee table and sofa next to him.

Just now when he listened to Zou Yi and Zheng Sijing's report on work, he was sitting at his desk, but now he was sitting on the sofa for rest.

It can also be seen from this point that Li Weidong's mentality has changed. Some things can be done while drinking tea, and some things need to be dealt with seriously.

After Li Weidong sat down, he didn't talk in a hurry. Instead, he fiddled with the tea set on the coffee table and started making tea.

This is a way for Li Weidong to relax. He likes drinking tea and making tea by himself, and he has some experience in making tea.

After a while, the tea is ready!
Li Weidong picked up the teapot, poured a cup for the two of them, and handed one of the cups to Li Shihui.

Li Shihui hurriedly half-bent to stand up, took the teacup from Li Weidong respectfully with both hands, and thanked repeatedly.

Holding the tea, Li Shihui said respectfully and flattered: "It's been a long time since I've had tea made by the chairman himself."

Li Weidong smiled and said: "Try how it tastes, the tea is good, but I guess this is the only way I can handle it!"

Li Shihui didn't compliment directly, but took a sip lightly, tasted it carefully, and said with a sigh: "It's really fragrant, if this craftsmanship is not good, then what I usually drink can only be regarded as swill!"

This is the correct way to start flattering. If you can't flatter without drinking, it will be too deliberate.

"That's tea. Since it's delicious, I'll take some back later!" Li Weidong smiled complacently, but still said modestly.

"Then I will be disrespectful!" Li Shihui was not hypocritical, let alone whether the tea is good or not, the key is to see who gave it to him.

When the boss gives you tea, it means he thinks highly of you, which shows that you still have something worth wooing.

Li Weidong nodded, and then said: "Tell me, what good news is there!"

Li Shihui knew that the time for reminiscing about the old days had passed, and it was time to get down to business, so he hurriedly put the teacup on the tea table, and took out a few documents from the briefcase he carried with him.

"Chairman, it is mainly for you to report on the acquisition of Henghua Bank in Thailand!"

"The current negotiations are coming to an end, and now we have reached an agreement that we will spend HK$93 billion to acquire 100% of their shares!"

"After the acquisition is completed, all the assets of Henghua Bank will be merged into Minsheng Bank Thailand Branch, and the new bank will become the fourth largest bank in Thailand!"

The first place where the Asian financial turmoil started was Thailand, so Thailand was hit hard, and the entire financial system basically collapsed.

Many Thai banks are on the verge of bankruptcy, lingering, but it is a good time for Minsheng Bank to grow and become a "taker".

Not only in Thailand, Minsheng Bank has branches in Southeast Asian countries, but compared with domestic, Minsheng Bank has a higher status in these countries.

After all, during the financial turmoil, many countries gave up their financial autonomy, which also provided an excellent opportunity for the rise of Minsheng Bank.

But in China, the financial turmoil seems to have a great impact, but it is more of a psychological impact, especially for the domestic "rock-solid" banking industry, which basically has no impact.

Coupled with the domestic regulatory and policy restrictions on the banking industry, the development of Minsheng Bank can only be done step by step, and there are no shortcuts.

In addition, although there are many developed countries and regions in Southeast Asia, their economies are still small after all, which is one of the reasons for the rapid rise of Minsheng Bank.

Now that Li Weidong has money, he has to spend it, and these Southeast Asian countries have to come out of the haze of the financial turmoil.

It is naturally a good time to invest in these countries at this time.

Although Henghua Bank is known as the eighth largest bank in Thailand, in fact, after the financial turmoil, it has been lingering in the past few years. It has long wanted to sell, but there has been no suitable buyer.

In fact, the first thing Henghua Bank found was not Minsheng Bank, but HSBC, but the price offered by HSBC was not so high, so Minsheng Bank took the lead.

Now being acquired by Minsheng Bank is the best destination for him. At least many of their employees are not at risk of losing their jobs.

"Now that the discussion is over, let's follow the normal procedure. I fully support it!" Li Weidong said.

Although Li Weidong is the ultimate actual controller of Minsheng Bank, the shares directly held by the two companies under his name are not absolutely large, and many of them are held through the subsidiary Sun Company.

Therefore, Minsheng Bank has many shareholders on the surface, as well as many members of the board of directors.

Li Shihui was waiting for this sentence, and said quickly: "Thank you, Chairman, for your support!"

"Chairman, there is one more thing I want to report to you. I don't know if I should say it or not?" Li Shihui said hesitantly.

"Tell me!" Li Weidong smiled gently. Normally, Li Weidong would not be so polite!

"Chairman, according to the information we have received, due to its own reasons, Chase Bank will sell their retail business on Hong Kong Island!"

"Chase Bank is one of the top 10 banks in Hong Kong Island's banking industry, and the value of these retail businesses exceeds US$[-] billion!"

"If we can acquire these businesses, Minsheng Bank's status in Hong Kong Island will be greatly improved, and it can even be compared with multinational banks!"

Li Shihui became more and more excited as he spoke, but his tone became more and more hesitant. They just spent more than one billion dollars to acquire a bank, and now they are going to spend another billion dollars to acquire another bank, which is somewhat greedy.

Although it is an opportunity for development and growth, it cannot be used too much force, so Li Weidong also has some hesitation, and he can't spend it like this even if he has money.

Li Shihui saw Li Weidong's hesitation and knew that this matter would not be so easy.

"Chairman, here are the detailed information of Chase Bank on Hong Kong Island, and the research report of this project!" Li Shihui put the document in his hand on the coffee table, and pushed it to Li Weidong.

Li Weidong pressed one hand on the document and did not open it, but said: "This is a good thing, I will read it when I have time!"

Some people say that finance is the only measure of the world, and this kind of majestic status is still very attractive!