Rebirth of the Age of Wealth

Chapter 572 General Manager

Li Weidong didn't need to think carefully to know that this matter would not be so simple. There must be many conspiracies in it.

Nokia took advantage of the technology stock bubble and its current market value has almost reached its peak, exceeding US$200 billion.

Although it has been diluted many times, Li Weidong still holds more than 25% of the shares and is the single largest shareholder.

Looking at it now, we can see how wise it was for Li Weidong to give up part of his shares in ASML and switch to Nokia.

In fact, just based on his Nokia shares, Li Weidong can rank among the top three richest people in the world.

Nokia has contributed greatly to Li Weidong's wealth.

But when he announced that he was the actual controller of Ribos Holdings, some Nokia shareholders made this suggestion, which seemed reasonable, but actually had many ulterior motives.

Li Weidong is Nokia's major shareholder, and it's not just a day or two. The board members are very clear whether he has transferred interests to Bird shares and caused economic losses to Nokia.

Investing in Nokia is similar to financial investment for Li Weidong. He only enjoys dividends and stock increases every year.

Directors stationed at Nokia basically only supervise financial affairs and rarely speak about Nokia's actual operations.

This was decided by Li Weidong, and he will try his best not to affect their development process!

Generally speaking, Li Weidong should be a very reassuring investor for operators, even more reassuring than sovereign wealth funds.

The chairman and CEO of Nokia should have a great welcome attitude towards major shareholders like Li Weidong.

After all, a boss who doesn't care much about the company and delegates power to his subordinates is a boss everyone likes, regardless of his ability.

After all, no one in this world wants to have a responsible mother-in-law above them.

Constrained power, what kind of power is it?

But with such a leader, Nokia’s board of directors now needs to meet to discuss whether this leader is trustworthy?

Isn't this crazy?

Do you really think that Li Weidong has a good temper and can still laugh with him after being slapped in the face?

"What does this mean? Is he, the chairman, unwilling to do this?" Li Weidong asked with an ugly face.

After so many years since his rebirth, this is the first time he has encountered this kind of thing. It is unheard of for him to be distrusted by the company he invested in.

This is worse than when Yahoo ignored his dissuasion and made a large-scale acquisition of an audio-visual company.

Li Weidong relies on the stocks he holds. It will definitely be very difficult to replace one of his own as chairman, but it is relatively easy to replace the chairman.

Now that Nokia is at its peak, there must be someone on the board willing to take it a step further.

As long as you join forces with Zonglianheng and use the shares in Li Weidong's hands to win over some shareholders, it is not difficult to control the shareholders' meeting in this kind of listed company.

Seeing that Li Weidong was angry, Zou Yi quickly shook his head and said, "Qiao La didn't mean that. He explained this problem to me on the phone!"

"Jorah is the chairman. Issues raised by the company's directors must be discussed by the board of directors if there is no suitable reason!"

"And this director has attracted more than 8% of the shareholders' shares, so he is fully qualified to convene a shareholders' meeting!"

"Even if the board of directors does not accept this proposal, these people can still convene a shareholders' meeting to discuss this proposal through normal procedures!"

"When there are too many people involved, it will be very detrimental to you, so Jorah wants to limit this matter to the board of directors level!"

"This way, the number of people is smaller, and communication is more convenient. We can quickly find out the other party's intentions and reduce the cost of communication!"

"Jorah said that although I know you are innocent, I have to say that Bird has indeed obtained Nokia's technology license under your recommendation!"

"Although this license has brought huge profits to Nokia, it is indeed difficult to distinguish between people on the board of directors, and it cannot be avoided by everyone!"

"He suggested that you sell your Bird shares. Nokia China is willing to purchase these shares at a certain premium. And if Bird becomes a subsidiary of Nokia in China, this will be a good thing for Nokia and Bird!"

There was no emotion in Zou Yi's voice. He was just stating the exact words of Nokia's chairman!

Li Weidong nodded and expressed that he understood that the purpose of Nokia's board of directors was very clear, and it wanted Bird's shares to form a monopoly in the domestic market.

Bird mobile phones, the fighter among mobile phones, this slogan is not for nothing, at least in recent years, no one can match it in domestic sales.

Even Nokia has no choice but to lag behind waveguide mobile phones in the domestic market.

If the two companies become one, it will definitely be a huge market, and the technology used in the waveguide itself belongs to Nokia.

Many technologies have been slightly modified based on Nokia's to better suit the domestic level. Technically, they are of the same origin.

If Nokia can successfully control Bird shares, the cost of market expansion will be very low.

Although the development of Waveguide Company has been very smooth in recent years, its scale has continued to expand and its profits have gradually increased.

But in terms of the company's market value, it is only a fraction of Nokia's.

Nokia swallowing up waveguide is like a lion eating a hare.

Of course, there may be other factors involved. For example, as long as you are Chinese, once you have the ability, they will attack you and make you feel uncomfortable.

However, Li Weidong definitely cannot agree with this matter raised by Nokia Chairman.

Although Bird's market value is less than a fraction of Nokia's, its share of the domestic market cannot be underestimated.

Moreover, under Li Weidong's suggestion, although Bird introduced Nokia's technology, many of Nokia's habits were not introduced.

For example, Li Weidong questioned the diversity of Nokia mobile phones at the time, but later ignored it.

Now, I am afraid that even its chairman may not be able to give accurate and complete specifications about the models of Nokia mobile phones.

The final result of this can only be to exhaust the technicians, the research and development expenses will be high, the effect is not obvious, and the final result can only be destruction.

Bird Mobile has unparalleled respect for its major shareholders, so although its models also cover the high, middle and low markets, they are much smaller in comparison.

To a certain extent, this ensures the effective use of research and development expenses. It only requires more in-depth research and development on these mobile phones to make them high-quality products and become popular products!

In the same way, this can also ensure that the company always has a relatively reasonable profit rate. Only when there is a profit can a company invest in research and development and develop.

Although Bird was lonely in his last life, Li Weidong will definitely not allow Bird mobile phones to follow the same path of his life in this life, and he carries many of Li Weidong's plans for the future.

In the future era of mobile Internet, smartphones will become indispensable. Li Weidong will definitely not miss this opportunity. Bird mobile phone is his terminal.

Li Weidong shook his head and said: "The waveguide must not be sold. Not only cannot it be sold, but it must be vigorously developed!"

In fact, if it were to be sold, it would be more appropriate to sell Nokia's shares.

The current market value of Nokia is absolutely artificially high. With such high profits now, it still needs a PE of 20 times.

But Li Weidong knew that Nokia seemed to have failed in a confused way, and even though it seemed brilliant, it did not have a few years to survive.

If the stock can be cashed out, it will definitely be more suitable than dividends, of course, provided that someone takes over.

"Jorah also proposed another plan. I hope you can transfer 5.3% of the voting rights of the stock to the company's board of directors. You only have the right to dividends on this part of the stock. In this way, the stock you hold will be less than 20%. You can

Avoid non-competitions!”

"Transfer? It's a beautiful idea!" Li Weidong felt a little unhappy. These foreigners were indeed ignorant wolves.

"Sell these stocks to me in the secondary market, and I still care about his dividends!" Li Weidong ordered, selling them for another large sum of money.

"Yes, let's make arrangements now!" Zou Yi knew that this was Li Weidong's decision.

Li Weidong is the major shareholder. If he wants to sell these stocks through the secondary market, he must make an announcement a certain time in advance, and there are very complicated procedures.

"Well, wait a minute, there is one more thing!" Li Weidong stopped Zou Yi who was about to go out.

"Say it!" Zou Yi sat down again.

"The company's reform is coming to an end, and the heads of each department have basically been decided, but I still have some hesitations about the company's senior management!"

Zou Yi sat there, listening attentively, and she did not dare to guess what Li Weidong meant by what he said.

"I've thought about it, and I don't want to hold the position of general manager of the company concurrently anymore, so now I need someone to take up this position and be responsible for the daily management of the company!"

After Li Weidong said this, he paused and glanced at Zou Yi's face.

Zou Yi's face was relatively calm. Of course, Li Weidong didn't know what he was thinking in his heart.

At this time, Zou Yi's heart was indeed a little turbulent. Both leaders and subordinates spoke in an artistic way. Many of their words had meaning and were not said casually.

If Zou Yi couldn't understand Li Weidong's words to this extent, then she wouldn't have been able to sit in this position for so long.

"I have carefully considered it and feel that placing this burden on you is more in line with the company's current development status!" Li Weidong said solemnly.

"Chairman, thank you very much for your trust and giving me such an opportunity. You can rest assured that I will do my best and go all out!" Zou Yi stood up and said respectfully.

When your boss gives you an opportunity, it's not just for you to be humble and polite and show your integrity. You must express your stance as soon as possible.

As for whether you are capable enough, we will talk about it later!

It is said that a soldier who does not want to be a general is not a good soldier, and an employee who does not want to be a boss in a company is not a good employee either.

Even if you are really not capable enough, you still have to work hard and give it a try.

"That's it, you go ahead!" Li Weidong was very satisfied with Zou Yi's statement, and at the same time he also admired Zou Yi's indifference in not changing his face even when the mountains were falling in front of him.

When I heard that I was going to be the general manager of the company, my face was so calm. How strong a person's heart must be.

Of course, Li Weidong didn't know Zou Yi's heart, which was already beating with excitement. If the timing hadn't been wrong, he would have almost wanted to dance to celebrate.

Zou Yi left the office and could no longer suppress the joy on his face. It wasn't until he saw Zheng Sijing walking towards him that his expression calmed down slightly.

"What happy event has Mr. Zou got so happy like this?" Zheng Sijing asked curiously.

"How can there be any happy news? There are many difficult things. Which one does Mr. Zheng want to hear?"

"Let's forget it. I have shallow eye sockets. If I hear about other people's difficulties, I always want to shed tears!" Zheng Sijing said without knowing whether it was okay or not.

As soon as Zou Yigang left Li Weidong's office, Zheng Sijing knocked on the door and walked in.

Compared with Zou Yi, Zheng Sijing appeared to be somewhat casual in front of Li Weidong, but in fact he was hiding his fear when facing Li Weidong.

This is also the difference between Zou Yi and Zheng Sijing. One is afraid of losing what he has gained, while the other thinks that what he has gained is a blessing.

In this state, judgment can be made immediately, so Li Weidong chose Zou Yi to be the general manager.

Of course, if Zheng Sijing knew that he missed out on being the general manager because of this result, his thoughts would probably be quite interesting.

Zheng Sijing said: "Chairman, regarding the establishment of an investment company, there are already many people who want to become partners!"

“Some are recommended by various departments of the company, many come forward, and some are recommended by colleagues in the industry!”

"There are many sources, but their character can withstand inspection. If you have time, give them an interview to check their qualifications?" Zheng Sijing finally asked again.

An interview is not just an interview, not everyone is qualified to take money from Li Weidong for investment.

It turns out that there is nothing wrong with that part of the company. They all know the basics. They know very well who is capable and how many bowls of rice they can eat.

However, the abilities of these people recommended by the big guys in the industry were unclear, but their academic qualifications were clearly stated. As for whether they could be used, Zheng Sijing did not dare to decide on his own, so he had to ask Li Weidong for instructions.

As he spoke, he handed a document to Li Weidong, which contained the resumes of these people and their background checks.

Most of the names on the list Li Weidong looked at were unfamiliar, but occasionally he could see a few familiar ones.

Although I don’t know if they have the same name, the same surname and the same industry, this is enough to make Li Weidong happy.

At this moment, Li Weidong's mood suddenly felt as heroic as if the world's talents had entered my hands.

Li Weidong picked up his pen and drew a horizontal line under several familiar names. These are the objects that need to be carefully investigated.

"I can rest assured that you are doing the job. I will not go to the interview. Looking at their academic qualifications and resumes, these have helped us screen many people!" Li Weidong said with a smile after finishing the painting.

"Check these key points. If you look at your resume, you are either a prodigy or a genius. If your ability is really good, focus on cultivating it!" Li Weidong handed the marked paper to Zheng Sijing.

"You can also invest and become an LP. I dare not say anything else. If you engage in venture capital in China, as long as you don't be too aggressive, the rate of return will still be good!"

These people set up investment companies. Although the main source of funds raised was Li Weidong, Li Weidong would certainly not be the only limited partner.

In fact, the greater the number of such limited partners, the better for these investment companies.

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