The Age of Rebirth
Chapter 603 Office Meeting
However, the amount of stock mortgages naturally needs to be discounted. Financial institutions such as banks must always consider risks and leave room for maneuvering, and can stop losses in time when necessary!
Under normal circumstances, this kind of stock mortgage will basically not cause problems as long as there is no sharp drop in the stock market, but now the stock market has experienced an avalanche of decline.
The price of the stock, not to mention a discount, is almost broken. The value of the stock has changed, and the amount of the mortgage will naturally change accordingly.
The current stock market value has reached the amount of the mortgage, and there is no room for maneuver, and these upstarts have no ability to repay the mortgage, so the bank has no choice but to close the position in order to stop the loss.
Many people who got rich because of the dot-com bubble ended up going bankrupt and even became heavily in debt because of the burst of the dot-com bubble.
The luxury yachts and private jets originally ordered for personal enjoyment will naturally lose the ability to continue to pay when the final payment is due for delivery.
These luxury yacht and aircraft manufacturing companies will naturally make the right choice when they see the risks coming.
For these things that cannot be delivered temporarily or permanently, there is no need to complete the project on schedule. Appropriately adjusting the main components of GM is also an effective way to reduce costs and increase profits.
As for Li Weidong's private jet, the delivery cycle can be greatly shortened because of the availability of these main components.
Even the manufacturer of the aircraft took the initiative to contact Ruibosi Holdings, asking whether it could deliver the goods in advance, or receive the payment in advance, so that the company's tight capital chain can be eased.
It is naturally excellent for Li Weidong to be able to receive the goods in advance. The sooner the consumer goods are in his hands and used, the sooner they can reflect their value.
After obtaining the consent of Li Weidong, the aircraft manufacturer accelerated the manufacturing speed. According to the supplementary contract, the delivery date was two full months earlier than the original plan.
After the assembly is completed, a series of tests such as commissioning and flight test are completed, and finally it can be delivered in early October, becoming the first real business jet in China.
As for the private jets purchased by other domestic individuals, in Li Weidong's opinion, they are not considered business jets, but at best, they can be regarded as big toys that can go to the sky.
After listening to the process, Liu Jinhui also said with a sigh of relief: "I really answered Kong Shangren's words. Seeing him get up from Zhulou, seeing him entertaining guests, and seeing his building collapse!"
Li Weidong patted the magazine in his hand, and said nonchalantly, "There's nothing to be amazed about, at least they've enjoyed the Zhulou and entertained guests!"
"The financial market is like this. Be in awe. With an average PE of 200 times, which financial market has this situation, and which country's development speed can support this price-earnings ratio?"
"10 years ago, Japan's stupid economic bubble was very powerful, but at that time the overall price-earnings ratio of the Nikkei index was only 80 times, and now it is more than twice as high, so it is only a matter of time before something goes wrong!"
"Everyone only saw the rise, but forgot how stupid and miserable they were, or selectively ignored it. Now the whole people are crazy!"
"Entrepreneurs dare to say anything now. One story is better than the other. Investors are also dazzled by several times and dozens of times of profits, and money is falling like a waterfall!"
"And these entrepreneurs who can only tell stories originally wanted to fool around with some pocket money. Who knew they were so easy to fool, their heads were dizzy, and naturally they didn't cherish the money that came quickly. Spending money without restraint!"
"Gradually I got used to this kind of life in the bubble. Now it's just blowing the bubble, breaking the illusion, waking up from the dream, and there's nothing to be pitiful about!"
Liu Jinhui looked at Li Weidong and said teasingly: "I think the only one who is still awake in the bubble is you, you can be one step ahead in everything!"
"You are one step faster when you invest, and you are also one step faster when you withdraw. If it weren't for being with you every day, I can't believe this is true. Yuan Tiangang is not as good as you!"
If it weren't for the teasing smile on Liu Jinhui's face, Li Weidong would have almost believed Liu Jinhui's words.
"Don't believe it, I'm much better than him, and he didn't marry such a powerful wife!" Li Weidong snorted and said.
Liu Jinhui thumped Li Weidong lightly with her fist to express her protest!
Li Weidong pointed to the magazine and said: "Look at this article, Burn Out, what a good name, don't these start-up companies like to burn money now, let's burn out now!"
"More than 400 Internet companies, 85% of which have negative profits, 189 companies will burn out their cash within three months, and many founders and various investors are trying their best to cash out!"
"Look, in another three to five months, the funds will be exhausted, and these companies with no money to burn and no money to make will have to go bankrupt!"
"And I dare say that more than 90% of these listed companies will go bankrupt and delisted. Even these surviving companies will need to survive the cold winter!"
"Although at the beginning of this year, after the merger of AOL and Time Warner, the market value was more than 3600 billion U.S. dollars. It looks awesome, but after a while, the market value of any company before the merger may not be as high!"
Liu Jinhui looked at Li Weidong, who was full of confidence, with a happy and adoring smile on his face, and said softly: "You've got it right again!"
Li Weidong spoke in such a confident tone that he was basically inseparable. Liu Jinhui and him have been together for so many years, and they couldn't be more familiar.
In fact, Liu Jinhui has [-]% trust in Li Weidong's words. This trust is based on Li Weidong's countless successful predictions. Li Weidong's words have never been broken, and almost all of his judgments are very accurate.
So sometimes Liu Jinhui even doubted whether the man she married had the ability to predict and grasp every opportunity. In just ten years, she had transformed from a freshly graduated college student into the richest man in the world.
This also completely changed Liu Jinhui's life. The present day is something she never dreamed of in the past 20 years.
And this person understands her so well, although there is no romantic love between the two of them, even things like giving gifts on birthdays are sometimes perfunctory.
But it is undeniable that Li Weidong hardly disagrees with her request!
In the eyes of many outsiders, Li Weidong is so rich, he is naturally extravagant, extravagant and promiscuous, and Jinwu Zangjiao does everything.
But in fact, the two of them have been married for almost ten years, but they can still maintain intimate communication two or three times a week, and they are both keen on this matter, which proves that the relationship between the two is not respectful, but close Oily, very moisturizing.
Sometimes Liu Jinhui even hopes that Li Weidong can make some mistakes, otherwise it would be too perfect and too inhuman.
Although this idea seems a bit masochistic and even humble, in Liu Jinhui's view, a little humbleness is enough to be real.
As the wife of the richest man in the world, Liu Jinhui does not need to be a full-time wife at home, and hardly needs to accompany Li Weidong to socialize. She still has her own career, independent spirit, independent personality, and is not a vassal, which is rare.
Looking at the smile on Liu Jinhui's face, Li Weidong felt a sense of accomplishment in his heart, and said proudly: "Sure, just watch, it won't take long!"
Li Weidong knows that he has already had a great influence on the world, and many things have deviated from the original track, but the law of historical development will not change, human greed will not change, and bubbles are bubbles after all.
"Don't look, I believe you!" Liu Jinhui said this from the heart.
"Brother Xin Dong, win the world!" Li Weidong was not modest.
Li Weidong put the magazines on the bedside table, and then turned down the brightness of the bedroom lights to the lowest level, which would neither affect sleep nor make the bedroom dark, which would be unbearable for people with claustrophobia.
"Okay, go to bed quickly, there are still many things to do tomorrow!" Li Weidong said with his arms around Liu Jinhui.
The two leaned on each other and hugged each other. At this time, the two had no other thoughts except the affection of their hearts.
Li Weidong does have a lot of things to do. The company's reform has just rolled out, and all employees have received the content of yesterday's meeting.
All the unknown, known, and groundless news were settled at the moment the meeting ended.
For the employees of the company, the system has been set, and all they can do is to implement it.
Of course, the voices of discussion are unavoidable. There are many people who agree with it, and those who shout for the leadership are endless; but the voices of opposition have never stopped, and there are also many people who shirk.
Therefore, in order for this matter to be carried out, Li Weidong must be at the front and show his attitude.
It is important to talk and communicate with the chairman and general manager of each subsidiary to unify the thinking, but it will be better to go out and inspect these companies on the spot.
Now that Li Weidong has stepped down as the general manager of the company, he does not need to manage the company's daily work, and his free time will increase a lot.
Moreover, Li Weidong has also communicated with the chairman and general manager of these subsidiaries, and will take some time to visit these subsidiaries when the time is right.
In fact, many subsidiaries have even grown into well-known large companies since their establishment, but Li Weidong has never been there once, and it really shouldn't be said.
But sometimes, as the richest man in the world, he can't help himself when he travels!
Sometimes he wanted to visit his subsidiary, but the local leaders knew about it and asked to visit Li Weidong, and he couldn't disagree.
First, they are obviously inhumane, and they don't know how to be human. The word "humanity" is the most important thing in China.
Secondly, the person in charge of the subsidiary also wanted him to meet. The reason is very clear. The company needs local help and support for many things in other people's territory. Meeting the local leaders is also a support for their work.
It's just that the development of things has gradually changed, and Li Weidong's inspection of subsidiaries has become unimportant. Meeting local leaders, and then investigating and investing locally has become Li Weidong's main job.
This completely deviated from Li Weidong's purpose. In the end, he had to temporarily suspend the work of inspecting the subsidiary, which of course also affected the work of the accompanying business department to investigate the bottom of the subsidiary.
Without Li Weidong's support, these divisions encountered considerable obstacles in their subsidiaries!
Of course, Li Weidong also used conspiracy theories to consider whether there is something tricky in it. These subsidiaries deliberately revealed his whereabouts, but there is no evidence, so he can only think about it in his heart!
Since Zou Yi was appointed as the general manager of the company, he began to go to the front desk and perform his duties.
One day in early August, a manager's office meeting was being held in the company's high-level conference room. In addition to the company's general manager and deputy general manager, the people in charge of each business department attended the meeting.
This is Li Weidong's request. The heads of each business department enjoy the treatment of vice presidents, have the right to participate in the company's manager meeting, and have the right to speak on the work they are in charge of.
Although it is a high-level meeting room, the layout is relatively simple. Because of the positioning of the meeting room, it is destined that there will not be too many seats, so the area of the entire meeting room is not large.
Just set up an oval table in a regular manner, with more than a dozen chairs around the table, and two smaller tables near the corner of the wall, with teacups, kettles, telephones, etc. thing.
The chairs in the entire meeting room were basically full, and the participants sat in their seats, their expressions seemed a little dignified, and the quietness that could be heard falling needles seemed to highlight the uniqueness of this meeting.
Zou Yi sat next to the sharp corner of the oval conference table, and the middle one next to it was still vacant, which was the most important position in the entire conference room.
Everyone knows that this position belongs to Li Weidong. Of course, everyone also knows that Li Weidong will not come here for a meeting today, but this position belongs to him, and Zou Yi will not sit in this position.
Zou Yi looked around the crowd, then tapped on the table with the pencil in his hand, and said in a low voice: "I have listened to everyone's speech just now, and I understand it!"
Zou Yi continued: "It's exactly one month since the company's mid-year meeting last time, and it's also exactly one month for all colleagues to perform their duties!"
"But according to what you said just now, one month has passed, and your work is still at the initial stage. You only distribute the documents of the mid-year meeting to each subsidiary and department. As for how these companies and departments are learning, implement You don’t know how the implementation is going, and it’s even more impossible to talk about the bottom line of these subsidiaries, is that what you mean?”
Although Zou Yi's words were very light and calm, they were more or less accusatory, so as soon as he finished speaking, the faces of the heads of several business departments sitting far away became a little unsightly!
Most of them were quite influential people in various industries before joining the company. At this time, they were scolded by a lesbian from Zou Yi on the spot, and they naturally couldn't hold back.
One of them, a middle-aged man with glasses and a mild complexion, adjusted his glasses and said, "Mr. Zou, I have a few words. I don't know if I should say it or not?"
This person is Zhang Weimin, in his 50s, the general manager of the Pharmaceutical and Emerging Industries Division. He used to be the vice president of a famous medical university and the secretary-general of the Biomedical Association. He has a relatively high influence in this industry.
Zou Yi said with a smile: "Mr. Zhang, this is the manager's office meeting. Everyone can speak freely. If you have anything to say, you can naturally say it!"
Under normal circumstances, this kind of stock mortgage will basically not cause problems as long as there is no sharp drop in the stock market, but now the stock market has experienced an avalanche of decline.
The price of the stock, not to mention a discount, is almost broken. The value of the stock has changed, and the amount of the mortgage will naturally change accordingly.
The current stock market value has reached the amount of the mortgage, and there is no room for maneuver, and these upstarts have no ability to repay the mortgage, so the bank has no choice but to close the position in order to stop the loss.
Many people who got rich because of the dot-com bubble ended up going bankrupt and even became heavily in debt because of the burst of the dot-com bubble.
The luxury yachts and private jets originally ordered for personal enjoyment will naturally lose the ability to continue to pay when the final payment is due for delivery.
These luxury yacht and aircraft manufacturing companies will naturally make the right choice when they see the risks coming.
For these things that cannot be delivered temporarily or permanently, there is no need to complete the project on schedule. Appropriately adjusting the main components of GM is also an effective way to reduce costs and increase profits.
As for Li Weidong's private jet, the delivery cycle can be greatly shortened because of the availability of these main components.
Even the manufacturer of the aircraft took the initiative to contact Ruibosi Holdings, asking whether it could deliver the goods in advance, or receive the payment in advance, so that the company's tight capital chain can be eased.
It is naturally excellent for Li Weidong to be able to receive the goods in advance. The sooner the consumer goods are in his hands and used, the sooner they can reflect their value.
After obtaining the consent of Li Weidong, the aircraft manufacturer accelerated the manufacturing speed. According to the supplementary contract, the delivery date was two full months earlier than the original plan.
After the assembly is completed, a series of tests such as commissioning and flight test are completed, and finally it can be delivered in early October, becoming the first real business jet in China.
As for the private jets purchased by other domestic individuals, in Li Weidong's opinion, they are not considered business jets, but at best, they can be regarded as big toys that can go to the sky.
After listening to the process, Liu Jinhui also said with a sigh of relief: "I really answered Kong Shangren's words. Seeing him get up from Zhulou, seeing him entertaining guests, and seeing his building collapse!"
Li Weidong patted the magazine in his hand, and said nonchalantly, "There's nothing to be amazed about, at least they've enjoyed the Zhulou and entertained guests!"
"The financial market is like this. Be in awe. With an average PE of 200 times, which financial market has this situation, and which country's development speed can support this price-earnings ratio?"
"10 years ago, Japan's stupid economic bubble was very powerful, but at that time the overall price-earnings ratio of the Nikkei index was only 80 times, and now it is more than twice as high, so it is only a matter of time before something goes wrong!"
"Everyone only saw the rise, but forgot how stupid and miserable they were, or selectively ignored it. Now the whole people are crazy!"
"Entrepreneurs dare to say anything now. One story is better than the other. Investors are also dazzled by several times and dozens of times of profits, and money is falling like a waterfall!"
"And these entrepreneurs who can only tell stories originally wanted to fool around with some pocket money. Who knew they were so easy to fool, their heads were dizzy, and naturally they didn't cherish the money that came quickly. Spending money without restraint!"
"Gradually I got used to this kind of life in the bubble. Now it's just blowing the bubble, breaking the illusion, waking up from the dream, and there's nothing to be pitiful about!"
Liu Jinhui looked at Li Weidong and said teasingly: "I think the only one who is still awake in the bubble is you, you can be one step ahead in everything!"
"You are one step faster when you invest, and you are also one step faster when you withdraw. If it weren't for being with you every day, I can't believe this is true. Yuan Tiangang is not as good as you!"
If it weren't for the teasing smile on Liu Jinhui's face, Li Weidong would have almost believed Liu Jinhui's words.
"Don't believe it, I'm much better than him, and he didn't marry such a powerful wife!" Li Weidong snorted and said.
Liu Jinhui thumped Li Weidong lightly with her fist to express her protest!
Li Weidong pointed to the magazine and said: "Look at this article, Burn Out, what a good name, don't these start-up companies like to burn money now, let's burn out now!"
"More than 400 Internet companies, 85% of which have negative profits, 189 companies will burn out their cash within three months, and many founders and various investors are trying their best to cash out!"
"Look, in another three to five months, the funds will be exhausted, and these companies with no money to burn and no money to make will have to go bankrupt!"
"And I dare say that more than 90% of these listed companies will go bankrupt and delisted. Even these surviving companies will need to survive the cold winter!"
"Although at the beginning of this year, after the merger of AOL and Time Warner, the market value was more than 3600 billion U.S. dollars. It looks awesome, but after a while, the market value of any company before the merger may not be as high!"
Liu Jinhui looked at Li Weidong, who was full of confidence, with a happy and adoring smile on his face, and said softly: "You've got it right again!"
Li Weidong spoke in such a confident tone that he was basically inseparable. Liu Jinhui and him have been together for so many years, and they couldn't be more familiar.
In fact, Liu Jinhui has [-]% trust in Li Weidong's words. This trust is based on Li Weidong's countless successful predictions. Li Weidong's words have never been broken, and almost all of his judgments are very accurate.
So sometimes Liu Jinhui even doubted whether the man she married had the ability to predict and grasp every opportunity. In just ten years, she had transformed from a freshly graduated college student into the richest man in the world.
This also completely changed Liu Jinhui's life. The present day is something she never dreamed of in the past 20 years.
And this person understands her so well, although there is no romantic love between the two of them, even things like giving gifts on birthdays are sometimes perfunctory.
But it is undeniable that Li Weidong hardly disagrees with her request!
In the eyes of many outsiders, Li Weidong is so rich, he is naturally extravagant, extravagant and promiscuous, and Jinwu Zangjiao does everything.
But in fact, the two of them have been married for almost ten years, but they can still maintain intimate communication two or three times a week, and they are both keen on this matter, which proves that the relationship between the two is not respectful, but close Oily, very moisturizing.
Sometimes Liu Jinhui even hopes that Li Weidong can make some mistakes, otherwise it would be too perfect and too inhuman.
Although this idea seems a bit masochistic and even humble, in Liu Jinhui's view, a little humbleness is enough to be real.
As the wife of the richest man in the world, Liu Jinhui does not need to be a full-time wife at home, and hardly needs to accompany Li Weidong to socialize. She still has her own career, independent spirit, independent personality, and is not a vassal, which is rare.
Looking at the smile on Liu Jinhui's face, Li Weidong felt a sense of accomplishment in his heart, and said proudly: "Sure, just watch, it won't take long!"
Li Weidong knows that he has already had a great influence on the world, and many things have deviated from the original track, but the law of historical development will not change, human greed will not change, and bubbles are bubbles after all.
"Don't look, I believe you!" Liu Jinhui said this from the heart.
"Brother Xin Dong, win the world!" Li Weidong was not modest.
Li Weidong put the magazines on the bedside table, and then turned down the brightness of the bedroom lights to the lowest level, which would neither affect sleep nor make the bedroom dark, which would be unbearable for people with claustrophobia.
"Okay, go to bed quickly, there are still many things to do tomorrow!" Li Weidong said with his arms around Liu Jinhui.
The two leaned on each other and hugged each other. At this time, the two had no other thoughts except the affection of their hearts.
Li Weidong does have a lot of things to do. The company's reform has just rolled out, and all employees have received the content of yesterday's meeting.
All the unknown, known, and groundless news were settled at the moment the meeting ended.
For the employees of the company, the system has been set, and all they can do is to implement it.
Of course, the voices of discussion are unavoidable. There are many people who agree with it, and those who shout for the leadership are endless; but the voices of opposition have never stopped, and there are also many people who shirk.
Therefore, in order for this matter to be carried out, Li Weidong must be at the front and show his attitude.
It is important to talk and communicate with the chairman and general manager of each subsidiary to unify the thinking, but it will be better to go out and inspect these companies on the spot.
Now that Li Weidong has stepped down as the general manager of the company, he does not need to manage the company's daily work, and his free time will increase a lot.
Moreover, Li Weidong has also communicated with the chairman and general manager of these subsidiaries, and will take some time to visit these subsidiaries when the time is right.
In fact, many subsidiaries have even grown into well-known large companies since their establishment, but Li Weidong has never been there once, and it really shouldn't be said.
But sometimes, as the richest man in the world, he can't help himself when he travels!
Sometimes he wanted to visit his subsidiary, but the local leaders knew about it and asked to visit Li Weidong, and he couldn't disagree.
First, they are obviously inhumane, and they don't know how to be human. The word "humanity" is the most important thing in China.
Secondly, the person in charge of the subsidiary also wanted him to meet. The reason is very clear. The company needs local help and support for many things in other people's territory. Meeting the local leaders is also a support for their work.
It's just that the development of things has gradually changed, and Li Weidong's inspection of subsidiaries has become unimportant. Meeting local leaders, and then investigating and investing locally has become Li Weidong's main job.
This completely deviated from Li Weidong's purpose. In the end, he had to temporarily suspend the work of inspecting the subsidiary, which of course also affected the work of the accompanying business department to investigate the bottom of the subsidiary.
Without Li Weidong's support, these divisions encountered considerable obstacles in their subsidiaries!
Of course, Li Weidong also used conspiracy theories to consider whether there is something tricky in it. These subsidiaries deliberately revealed his whereabouts, but there is no evidence, so he can only think about it in his heart!
Since Zou Yi was appointed as the general manager of the company, he began to go to the front desk and perform his duties.
One day in early August, a manager's office meeting was being held in the company's high-level conference room. In addition to the company's general manager and deputy general manager, the people in charge of each business department attended the meeting.
This is Li Weidong's request. The heads of each business department enjoy the treatment of vice presidents, have the right to participate in the company's manager meeting, and have the right to speak on the work they are in charge of.
Although it is a high-level meeting room, the layout is relatively simple. Because of the positioning of the meeting room, it is destined that there will not be too many seats, so the area of the entire meeting room is not large.
Just set up an oval table in a regular manner, with more than a dozen chairs around the table, and two smaller tables near the corner of the wall, with teacups, kettles, telephones, etc. thing.
The chairs in the entire meeting room were basically full, and the participants sat in their seats, their expressions seemed a little dignified, and the quietness that could be heard falling needles seemed to highlight the uniqueness of this meeting.
Zou Yi sat next to the sharp corner of the oval conference table, and the middle one next to it was still vacant, which was the most important position in the entire conference room.
Everyone knows that this position belongs to Li Weidong. Of course, everyone also knows that Li Weidong will not come here for a meeting today, but this position belongs to him, and Zou Yi will not sit in this position.
Zou Yi looked around the crowd, then tapped on the table with the pencil in his hand, and said in a low voice: "I have listened to everyone's speech just now, and I understand it!"
Zou Yi continued: "It's exactly one month since the company's mid-year meeting last time, and it's also exactly one month for all colleagues to perform their duties!"
"But according to what you said just now, one month has passed, and your work is still at the initial stage. You only distribute the documents of the mid-year meeting to each subsidiary and department. As for how these companies and departments are learning, implement You don’t know how the implementation is going, and it’s even more impossible to talk about the bottom line of these subsidiaries, is that what you mean?”
Although Zou Yi's words were very light and calm, they were more or less accusatory, so as soon as he finished speaking, the faces of the heads of several business departments sitting far away became a little unsightly!
Most of them were quite influential people in various industries before joining the company. At this time, they were scolded by a lesbian from Zou Yi on the spot, and they naturally couldn't hold back.
One of them, a middle-aged man with glasses and a mild complexion, adjusted his glasses and said, "Mr. Zou, I have a few words. I don't know if I should say it or not?"
This person is Zhang Weimin, in his 50s, the general manager of the Pharmaceutical and Emerging Industries Division. He used to be the vice president of a famous medical university and the secretary-general of the Biomedical Association. He has a relatively high influence in this industry.
Zou Yi said with a smile: "Mr. Zhang, this is the manager's office meeting. Everyone can speak freely. If you have anything to say, you can naturally say it!"
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