Fight To the Third Generation
Chapter 285: old Versailles
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There is only one child in the family, Su Yehao, so what can you do if you are not used to it?
To this end, Father Su convened a meeting temporarily.
Meetings are held every day recently, and the executives of Midi Group are gradually getting used to it.
Before, they also wanted to fight for their own interests. With the formal signing of the financing agreement, most people now just want to protect themselves.
The decision to restructure and lay off employees has basically been made public. Except for a few executive directors who hold equity in their hands, other middle and high-level managers are all in a panic. people.
And there is news that there will be a salary increase after the reorganization, and there is even a chance to get the so-called "option reward".
Although most people don't know what the option reward really means, knowing that they have the opportunity to take shares and become shareholders is enough to motivate some people.
The bottom-level employees have also heard the news of the increase in wages, and some people have been promoting the benefits of foreign-funded companies all day long, such as extra money for overtime, annual paid vacations, and more pension contributions.
Sweet dates and sticks, the same old routine, but always so practical.
This time, it is said to be financing, but the method adopted is to register a new company and use the newly registered "Midi Investment Management Company" to acquire all the previous assets, and take the opportunity to get rid of the confusion of property rights that has plagued the Midea Group for many years.
Including Cosmopolitan International, a group of original shareholders and executives borrowed from banks and obtained shares during this round of restructuring. In economic terms, this move is called "MBO (Management Buyout)." .
The people who benefited were not only the Su family.
Therefore, the recent reorganization seems to be a mess, but in fact, some shareholders in the core management have also helped in the financing process, and recently they have also been busy solving the old internal diseases of the company.
The company didn't develop well, and everyone couldn't make any money, so some people chose to team up with Father Su, planning to take this financing as a new starting point.
Su Yehao followed his father, and when he came to the conference room leisurely, there were more than ten people sitting at the table.
His old man smiled happily and said:
"My son, Su Yehao, today's meeting is for him. In order to avoid people saying that I am eating inside and out, it is better to have a meeting to chat with you. In short, he wants to bet with you and sign an investment. The management contract is to take part of the idle funds on the company's books and use it for financial management to continue to make money."
Before anyone could react, Father Su continued with a smile: "Oh, you probably don't know my son. He secretly mortgaged the house I gave him last year and made more than one billion Hong Kong dollars."
Looking at his father, Su Yehao felt that he had learned again.
In just a few words, the group of people present was shocked. Although some self-proclaimed and boasted, the effect was quite good.
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After the reorganization, He Jianye, the third shareholder of the Midea Group, was surprised when he heard the words: "How much? It made one billion yuan in half a year, isn't that several times higher than our company's profit? How old is your young master, how amazing is it? "
The cultural atmosphere is similar.
He Jianye knows that it is better to praise the son than to praise the father.
Of course, including He Jianye, a group of people were indeed stunned. Some executives were paid tens of millions of dollars a year, and it was already a little bit of a glimpse. It was learned that Su Yehao earned more than one billion in half a year. , The chin almost fell off.
They know that the casino city and the Hong Kong city have high income, but the billion-level income is really incredible.
Knowing that his father was a master of Versailles, Su Yehao was not bad. When he had a rare opportunity to show his face again, he smiled shyly and calmly replied, "Nineteen years old, a first-year student of Hong Kong University, it actually took more than half a year to earn it, good luck. That's it."
"..."
"..."
As soon as these words came out, everyone was silent, and they all recalled what they were doing when they were nineteen years old.
At the same time of envy, he did not forget that Su Yehao had good parents, which was a bit reasonable...
beside.
Father Su smiled happily, and then said:
"I only have such a son. I have been restless since I was a child. I made money and went to Lujiazui to buy land. I planned to build a skyscraper, and what kind of Internet did I have? He also helped to make plans for the many acres of land, and some of the funds on the company’s books will be idle in the short term. I think it’s better to let him give it a try, so I plan to set up a separate investment department.”
After hearing this sentence, many executives present looked at each other in dismay, and no one was in a hurry to express their position.
Laozi holds his son, and it has been like this for thousands of years.
But the company has not been reorganized yet. Seeing that Father Su couldn't wait to push Su Yehao out, some people present couldn't help but feel ugly. They just thought about it in their hearts, and no one dared to show it.
There are also people who don't believe that a nineteen-year-old boy can earn so much money.
Since he made his fortune alone, Su Yehao has indeed kept a low profile.
In this era, the exchange of information is not smooth, and he is too low-key. Even Father Su, not many people know about it, and he has only been gradually understood recently.
Some people feel that it is none of their business and sit and watch the fun.
After the financing and restructuring, the major shareholder is Cosmopolitan International, the second shareholder is the official, and the third shareholder He Jianye owns 14.5% of the shares.
When it comes to the use of the company's funds, He Jianye is inevitably very concerned. He is a little nervous, and with a smile on his face, he asks: "Mr. Su, the gambling agreement you said refers to..."
Su Yehao just sat down when he heard the words and looked at his old man.
Like He Jianye, he didn't know exactly what he was betting on.
I saw Father Su smiled happily and said, "My son manages a sum of money for the company. If the investment fails after the time, he will pay for the shortfall himself, so as to ensure that the company does not lose money. However, if the profit exceeds... 25%, The extra money is converted into company stock~www.readwn.com~ It is up to him to decide what to do."
It is inconvenient to issue new shares, but it can be repurchased from the secondary market with profitable money.
The reason why it is said that it is converted into stocks is mainly because I am afraid that it will be unpleasant to spread the money.
For Su Yehao's ability to invest, his father still recognized it, otherwise he would not have worried about his own losses and arbitrarily proposed a gambling agreement.
Su Yehao instantly guessed his father's careful thoughts.
He can't laugh or cry about this. His original intention was to make more money for the company for external acquisitions and independent research and development, and to shorten the development time of the Midea Group.
After being engaged in this way by the father, it is very likely that he will gain weight in the end, but the company's profit growth will be limited.
He Jianye tapped the table with his fingers and asked again, "Mr. Su, I don't know how long you mean by the investment cycle?"
"One year." Su Yehao replied quickly.
"In other words, the company entrusts the money to you for management. If you lose money within a year, you will make up for it yourself. If you make a profit of more than 25% within a year, it will be converted into shares for you?" He Jianye asked again, whether it involves the company's interests, or asked Clear is better.
After Su Yehao thought about it for a while, he made his own decisions and told:
"Not only does it make up the principal, but it can also pay the company in accordance with the interest on bank deposits."
"Moreover, it is not challenging to make a profit of 25% in one year. In the future, I am afraid that you will feel that you have suffered a big loss. Add five points, 30%, as a wish in advance to wish us a happy cooperation and give the company a gift."
"In the future, as long as one party decides to terminate the cooperation, the funds will be withdrawn. My father will not vote at that time. These can be written in the contract. I don't want the company's salary. This plan is completely harmless to you."
...
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