Rebirth of the Wild Age
374【Structural adjustment and preparation for listing】
After Du Cong handed over his files, Song Weiyang immediately adjusted the structure of Jinniu Capital.
Guo Xiaochun still served as the legal representative. At the same time, he felt that he was not capable enough, so he voluntarily resigned from the position of president, and temporarily served as a member of the investment committee, learning knowledge from the big guys every day.
Du Cong officially assumed the post of president and concurrently served as the chairman of the investment committee.
Zhu Jialiang, who was born in Citibank, served as the vice president and concurrently the chairman of the review committee.
There is also a risk management committee, and the chairmanship is vacant, which is temporarily managed by Du Cong himself. When the equity replacement with Bank of China Investment is completed, the position of chairman of the risk management committee may be left to a person from Bank of China Investment, but it is also possible to hire external professionals.
In addition, He Guoming served as the manager of the securities investment department, and Xu Xin served as the manager of the corporate investment department. There are also general management department, asset management department, financial management department and other departments, each of which has specific appointments. The persons in charge are mainly from Citibank and Peregrine before bankruptcy and reorganization. Of course, there are also talents poached through headhunting companies.
An 18-story building in the Western District of Hong Kong Island was officially renamed "Taurus Building", and two floors were vacated as the office of Taurus Capital.
On the day Song Weiyang left Hong Kong City, the team led by Xu Xin had already started the first round of negotiations with Bank of China Investment. The two sides have a big difference, mainly because the valuation of Jinniu Capital by Bank of China Investment is too low, which is too far from Song Weiyang's psychological expectations.
Equity swap is a big deal after all, and if the two parties reach an agreement by the end of this year, it will be considered very fast, and it is entirely possible to delay it for another year.
The reason why Song Weiyang stayed in Hong Kong City for so long was to put Jinniu Capital on the right track and to facilitate his next operation - to help Xifeng Company go public!
...
After leaving Hong Kong City, Song Weiyang flew directly to Rongping to call a meeting with the senior management of Xifeng Company.
Not only the managers from the headquarters attended the meeting one after another, but also the directors of the branch factories and the managers of the sales branches from all over the country rushed back to participate in this meeting.
In the large conference room, more than 80 people sat densely, all of whom were extremely curious about the content of today's meeting.
At nine o'clock in the morning, Song Weiyang finally showed up, and he was greeted with thunderous applause.
Song Weiyang raised his hand to signal everyone to be quiet, said a few opening words of encouragement and thanks, and quickly got to the point: "I have repeatedly discussed the content of today's meeting with President Yang, several shareholders, and department managers. Many times. Now the time is ripe, so I would like to announce the following: First, the company’s structure will be greatly adjusted, and the system of product divisions will be implemented in the future. Canned food division, purified water division, cola division, iced tea division, instant noodles and The biscuit business department, these departments will be formally established, and the juice business department will also be established next year. Each business department is independently managed and accounted for, and is responsible for its own profits and losses. If it does not do well, it will leave. Everything depends on performance. Old man, don't think about lying on the credit book. Of course, there are rewards for doing a good job, even if the business department is separated to form a subsidiary company, I will directly distribute the shares to the relevant person in charge!"
"Wow!"
The audience is noisy.
Song Weiyang's words really contain too much information.
The implementation of the business department system means a large number of middle and high-level positions, and the power of the relevant responsible persons has increased dramatically.
At the same time, the pressure has also increased sharply. Those who lack the ability and want to dawdle will probably not be able to dawdle in the future. This thing is a demon reflector, who is better and who is worse, at a glance.
Song Weiyang continued: "The specific personnel appointments will be announced by President Yang himself. I will only talk about the headquarters. From tomorrow, I will still be the chairman, Yang Xin will be the CEO (chief administrative officer) and president, and Zheng Xuehong will be the coo (Chief Operating Officer), Guo Xiaolan as CFO (Chief Financial Officer), Chen Tao as CIO (Chief Information Officer)..."
A series of English abbreviations made many people feel dazed and didn't understand what they were all about.
Song Weiyang didn't wait for everyone to react, and dropped a blockbuster again: "The second content of today's meeting is that Xifeng Company is preparing to go public in Hong Kong City. Before the IPO, the company will sell some of its original shares to employees, which is quite So it’s a benefit for everyone. The number of original shares for internal directional sale is limited, if you want to buy it quickly, after this village, there will be no such store.”
This is the real shocking news!
For people who have experienced the 1990s, "original stocks" are equivalent to a pie in the sky. Even ordinary people who don't know what the original stock is, often say in an envious tone after dinner: "So-and-so got the company's original stock and made hundreds of thousands at once!"
All of a sudden, some branch directors and sales branch managers chatted in low voices:
"Old Zhang, how much are you going to buy?"
"I have 60,000 yuan in my hand. I was going to buy a wedding house for my son, but now I must use all of it to buy original stocks."
"Haha, I'm almost the same. I plan to buy them all. I'll be a millionaire in two years."
"By the way, what is the IPO that the chairman is talking about?"
"Maybe it's about the same as the CEO, anyway, it's all foreign devils' stuff."
"..."
Amidst the noise at the venue, Song Weiyang handed over the right to speak to Yang Xin, who began to elaborate on the adjusted company structure and personnel appointments.
If it weren't for the national economic downturn and Soros' impact on Hong Kong stocks, today's meeting should have been held at the beginning of the year.
The scale of Xifeng Company is getting bigger and bigger, and it is inevitable to suffer from the big company disease, bloated structure, low efficiency, overstaffed, and slow response. Adjusting to the product department system will greatly increase the enthusiasm of employees and enhance the competitiveness of the enterprise. At the same time, it will help cultivate all-round talents and reserve a team of cadres for the company's future development, so that Xifeng Company will always maintain vitality in terms of personnel.
As for the listing, that is also a must.
Xifeng Company is currently short of funds, and its total liabilities have exceeded 500 million yuan. The main reason is that it is too expensive to build a warehousing and logistics system.
From now until 2000, Hong Kong City is in a big bull market that has fully recovered, and the Hang Seng Index will soar by more than 10,000 points in one and a half years. Let's put it this way, as long as they can be listed in Hong Kong City at this stage, the stocks of junk companies will be bullish, and the stocks with excellent performance will even roll up.
Only by making money in the stock market can Xifeng Company overcome the financial difficulties and enter a new round of expansion.
Song Weiyang has already contacted, and Jinniu Capital and Peregrine will jointly operate the IPO and listing plan of Xifeng Company.
By the way, canned food, which used to be tasteless, has become a new profit growth point for Xifeng this year.
Thanks Soros!
Southeast Asia is rich in tropical fruits, as well as vegetables and meat, so many canned foods in the European and American markets are imported from Southeast Asia. After Soros and international speculators engaged in such activities, a large number of canned food companies in Southeast Asia closed down, and Xifeng's canned food took advantage of the trend to seize the market.
From last summer to now, Xifeng's canned food export volume has increased by 300%, and it is still growing.
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