My 1999

Joining the new group now not only brings abundant development funds, but also lucrative benefits.

Fame and wealth are within his reach.

Anyone would be excited.

"Okay, that's all I have to say. Do you have any questions?" Xu Liang said.

"Mr. Xu, if everyone adds fuel, the flames will rise. If Torch Group wants to develop, it is impossible for me to do it alone. It also requires the joint efforts of all colleagues in the company.

So I hope you can set up an option pool with a certain amount of shares to reward those individuals who have made outstanding contributions to the group and stimulate their work passion and creativity."

Xu Liang praised: "It's rare that you still remember your colleagues. Good.

As for the option reward, don't worry. I will put 15% into the company's option pool.

How will this part of the options be distributed?

Who is eligible to enjoy it?

When you go back, fully solicit everyone's opinions and draw up a plan.

The company will formulate the final equity reward plan based on your plan."

"Okay."

"Are there any other questions?"

"No."

After Xu Liang nodded, "The company is preparing to carry out a centralized cleanup of the termites in Xiang Torch and Alloy Shares. Please cooperate when you go back."

Peng Shengyu was shocked and quickly agreed.

"In addition, you are the CEO of Torch Group, fully responsible for the daily management of the company, and have the right to appoint department directors, branch general managers and other personnel, as well as the right to advise higher-level managers.

In terms of finance, investments below 20 million do not require approval from the head office."

"Thank you for your trust."

Peng Shengyu was excited.

When he was in Delong, he did not even have the financial authority of 1 million, and the personnel power was in the hands of the head office.

If he had not been highly valued by Tang Wanxin, it would have been impossible for him to lead Alloy Shares to where it is now.

"Okay, that's all I have to say."

Peng Shengyu stood up quickly, "Mr. Xu, Mr. Jiang, then I'll take my leave."

"It's getting late, let's go after lunch."

Peng Shengyu did not refuse.

After having lunch together and touring the Hanhua Center, Peng Shengyu hurriedly took the due diligence materials of Xiang Torch and left.

"Do you think he is qualified for the position of CEO of Torch Group?"

Jiang Xiaoyang asked in the office.

"I don't know. But he is the only candidate we can find and trust."

"What about Huang Ping?"

"He is an excellent entrepreneur, but he is too deeply involved with Delong and the Tang brothers, and it is difficult for him to get out of this vortex." Xu Liang sighed.

Huang Ping is the first chairman of Delong after he moved into Xianghuo Torch.

He is also a rare excellent professional manager in Delong.

After Delong took over Xianghuo Torch, the company had a backlog of hundreds of thousands of spark plugs.

The quality of this batch of spark plugs reached the domestic industry standard, but was lower than the company's newly formulated quality standard.

Throw it away, it's a pity.

Selling it to the market, but afraid of affecting the reputation.

What to do?

A few smart people came up with a plan and simply put the old brand logo on it and sold it to customers who are more sensitive to prices.

This can save the company millions of losses.

In the eyes of more than 95% of the country's businessmen, or even more, this method is probably an excellent example of generating income for the company and reducing losses.

And they also think it kills two birds with one stone.

But Huang Ping is different.

He did not give up his principles for profit.

In order to strengthen the quality awareness, he organized a "Xiang Torch 3.15 Special Operation".

Gathered all the people in the factory together, and then used a ten-ton roller to crush the spark plugs worth more than 1 million into pieces.

This move, which is similar to Haier smashing refrigerators, completely reversed the problem of uneven quality of Xiang Torch products.

Implemented the ISO9002 standard.

During the three years when he managed Xiang Torch, there were no quality problems with the products.

However,

For a successful management elite, it is definitely not enough to just grasp the quality.

After all, this is an era when good wine is afraid of being hidden in a narrow alley.

Therefore, good quality and market are the real success.

Huang Ping did the same.

While consolidating the domestic market, he also actively explored foreign markets.

In 1998, Xiang Torch joined the American Auto Parts Association.

This is the most powerful and authoritative organization in the world, and there are only 7 members in China, and Xiang Torch is one of them.

It can be seen that it is precious and rare.

More importantly, this move completely opened up the international market, especially the US market, and laid the foundation for the future development of Xianghuo Torch.

And this is just one of the measures taken by Xianghuo Torch to expand its domestic and foreign sales channels.

Thanks to Huang Ping's efforts, Xianghuo Torch strictly controlled its production expenditures, and the purchase price of bulk raw materials was reduced by 10% compared with the previous year.

Technical public relations, internal potential tapping, energy saving and consumption saving have reduced the manufacturing cost of spark plugs by 9%.

This in and out is a 20% gross profit.

In 1998, Xianghuo Torch's net profit reached an unprecedented 25.3%, which has never been reached since then.

In 1999, Xianghuo Torch lowered its profit margin due to a large number of mergers and acquisitions.

But the development is still stable.

Unfortunately, Huang Ping left Xianghuo Torch after May 2000.

The subsequent successors, although capable, are far inferior to Huang Ping.

Let Xianghuo Torch become more and more lagging, gradually becoming what it is now.

"We can find some connections, maybe we can save Huang Ping from prison." Jiang Xiaoyang said.

Xu Liang thought about it and shook his head.

"He is the executive president of Delong Strategic Investment Company, the president of the industrial fund, and holds 6.7% of Delong International's shares. He is the core figure of Delong.

Delong is under investigation, he is destined to not escape, don't waste your energy."

In the entire Delong senior management, except Tang Wanxin who holds 13.6% of Delong International's shares.

There are only seven people who hold 6.7% of the shares.

In addition to the three brothers Tang Wanli, Tang Wanping, and Tang Wanchuan and Huang Ping, there are also Wang Hong, the director of Northern Securities, Zhang Yeguang, the legal representative of Deheng Securities.

And Kong Qinghua, the legal representative of Shenyang Alloy.

They are the core of the core of the giant Delong.

Delong is under investigation, others can get away, but they can't.

Of course, with Hanhua's energy and the background of the Jiang family, if they really work hard to help Huang Ping, they can indeed save him, but interfering with the judiciary is not a good thing.

It is easy for someone with ulterior motives to catch the small braid.

For an outsider, it is not worth it.

"You really don't want it?"

Xu Liang affirmed: "The Torch Group that I care about most already has Peng Zhiyu, and the others have also been arranged. There is no need for another Huang Ping."

The integration plan for many assets under Delong has been basically determined.

The old three stocks, Xiang Torch and Alloy Shares, have been merged into the "Torch Group".

The business of Xiyu Tunhe, one of the old three stocks, will be divided by Harvest Agriculture and Master Kong.

Tianshan Shares and Zhongyan Holdings, one of the new three stocks, the former is building materials and cement, and the latter is textiles and clothing.

After improving the management, personnel and other systems, they will gradually withdraw in the next three to five years.

Chongqing Industry, one of the new three stocks, retains the hydropower business, and sells all other assets, and also withdraws within three to five years.

Liu Qiangxi is responsible for Denong Group and integrates Delong's agricultural assets.

His Global Tourism Group is responsible for integrating Delong's tourism assets.

In addition to Torch Group, Denong and Global Travel, Tianshan Co., Ltd., Zhongyan Holdings and Shancheng Industrial Co., Ltd. are all held in the medium term and gradually sold.

The remaining minor assets of Delong, such as the Fairchild Dornier Aircraft Company project and Xianghuoju Real Estate Company, will all be sold within a year.

This is Xu Liang's plan for the integration of Delong Industrial assets.

"If you don't want it, then don't."

Jiang Xiaoyang no longer dwelled on this issue.

"I have another idea about the integration of Delong Industrial assets. Do you want to hear it?"

"Okay."

Jiang Xiaoyang organized his words, "The domestic machine tool industry is developing very fast, and Jinling No. 2 Machine Tool has good technical capabilities.

So after Xianghuoju merges with Alloy Co., Ltd.'s business, Jinling No. 2 Machine Tool can inherit Alloy Co., Ltd.'s listing status.

Later, we will gradually withdraw through the market."

Xu Liang briefly considered it and agreed.

The No. 2 Machine Tool itself is profitable, so it is good to withdraw now or slowly withdraw later, and you can make money.

Of course, if you withdraw a few years later, you will make more money.

After all, the next three years of bull market will be a continuous bull market. Under this background, the stock price will definitely rise.

"What else?"

"Acquire Modu Ouchen, reorganize it, and go public through the shell of Xianghuoju." Jiang Xiaoyang said with a smile.

Xu Liang was a little surprised.

He didn't care about the shell of Xianghuoju.

Anyway, Torch Group didn't plan to go public in the short term.

But Ouchen is not a good company.

Ouchen's predecessor was Modu Aoshen Company, which was founded by Tang Wanping in 1999.

In order to develop Ouchen, Tang Wanping "airdropped" Zhou Guanxuan from the electric fan division of Midea Group as general manager and gave him 19% of the equity worth 9.5 million Chinese yuan.

Zhou also became the first generation of working emperors in Modu.

At that time, Ouchen bought the patented technology of "ozone disinfection" from the Huaxia Institute of Atomic Energy, and developed household water terminals such as water purifiers and direct drinking machines.

It plans to become a service provider of "providing the most healthy consumption concept of household water treatment systems".

It should be said that Tang Wanping's vision is still good.

With economic development, wealthy people pay more and more attention to environmental safety.

Home water treatment system is a standard blue ocean.

As long as it is done well, the profit will definitely be huge.

And the environment at that time was also relatively friendly.

The only competitors were Dongguan Landian and Zhongshan Wuzhou, two competitors with little strength and reputation.

Ouchen has the right time, place and people in the home water treatment market.

The big guys all think that Ouchen is going to explode.

In order to seize this market, under the leadership of Tang Wanping, Ouchen's parent company Aoshen and Xianghuoju jointly established Xianghuoju Environmental Protection Company.

Xianghuoju valued the factory and equipment at 160 million yuan, of which 51 million yuan was invested as capital.

Tang Wanping's little calculation is to make Xianghuoju a production base, also using "ozone disinfection technology". In addition to producing "Yuwang" brand products by itself, Environmental Protection Technology also does OEM for Aoshen.

Kill two birds with one stone, taking advantage of everything.