Revisiting Future Path

Chapter 442: Shareholding reform

442th share reform

Qian Faqun and the three other stewards were full of their own pockets, and could not abuse them as slaves and deceive the Lord.

Recalling Wei Dong's previous life experience.

Yang Xinning of the first life, he was a domineering minister, and might seek to usurp the throne at any time. Yang Xinning is a minister, not a slave. If he succeeds in usurping the throne, he will be Cao Cao and Yang Jian. During the period of their political affairs, there were only a handful of people who dared to uphold justice for Wei Dongsheng. Even if they have such thoughts, they are often powerless. At most, they occasionally scold them a few evil slaves secretly, and it is difficult to condescendingly despise these troubled times.

Liu Lianggen in the fourth life was the real slave to deceive the Lord. In a general sense, Liu Lianggen is just a domestic slave of the Wei family. Even if all the wealth of the Wei family is stolen, he is still a domestic slave despised by public opinion. Yang Xinning and Liu Lianggen have similar roles, but their different patterns can produce different results. When encountering a powerful official like Yang Xinning, most of the wealthy will surrender tacitly. When encountering a villain like Liu Lianggen, the landlord of the family is willing to uphold justice and punish the slave, because it is the political correctness of the landlord class to abuse the villain and deceive the master. Because they have the ability to punish evil servants like Liu Lianggen.

The money distribution group of the sixth life is different.

Qian Faqun is neither a minister nor a slave.

Qian Faqun and Wei Dongsheng have a relatively equal employment relationship. Wei Dongsheng is the chairman of the company and Qian Faqun is a senior executive of the company. The conflict between Wei Dongsheng and Qian Faqun and other three managers can also be regarded as a conflict between the management and the board of directors. Speaking of the contradiction between the management and the board of directors, it is found in most well-known companies. The game between the management and the board of directors is also an important part of business operations. If you think about how public opinion views management buyouts, you should understand Qian Faqun's confidence.

As long as the salary declines and the future is bleak, Qian Faqun can resign at any time.

After all, the small Weijia Commercial Bank is Wei Dongsheng’s enterprise, not Qianfaqun’s enterprise.

Wei Dongsheng was solely responsible for the consequences of Qian Faqun’s resignation. If Qian Faqun persuaded the other two managers to resign together, and secretly ruined a backlog of cloth, the small Wei's house would immediately face a crisis of bankruptcy. Even if Qianfaqun can only affect a few people, the small Weijia firm will encounter a huge crisis, because it is difficult for Wei Dongsheng to find a credible and capable manager to replace Qianfaqun in time from the contemporary human resources market. Qian Faqun's personal abilities and the network resources in Jiaxing Mansion are his confidence to play with Wei Dongsheng.

Of course, Qian Faqun also has concerns.

The current commercial order attaches great importance to credibility, and important positions are either appointed by the owner himself or by the endorsement of trusted friends. Few people are willing to hire strangers. It's easy for Qian Faqun to leave Xiaowei's house, and it's easy to find another job, but don't expect high-paid executives to have vacancies everywhere. This is also the core reason why Qian Faqun stayed in the small Wei's house to fill his own pockets. Neither his ability nor his credibility could casually win the trust of the big owners of other firms.

Wei Dongsheng said that he sold his words, scared Qian Qian, his eyes darkened.

If Wei Dongsheng really sells the small Wei's firm to other firms, the grassroots folks may be able to stay in the firm and continue to work, and senior executives like Qian Faqun will be politely fired by the new owner. Qian Faqun thought of the unemployment crisis, and his head couldn't help but feel a little dazed: "This is because I want to draw a salary from the bottom of the tank and completely cut off my business."

In an instant, Qian Faqun's mind flashed all kinds of tricks.

For example, setting fire to burn all the cloth at night, since you let me get no salary, I will let the firm rot in your hands.

For example, secretly stuffing contraband into a cloth warehouse, and then the reporter arrested Wei Dongsheng. Since you don't let me get better, I won't let you get better.

and many more.

Qian Faqun's feedback is in Wei Dong's business data.

Wei Dongsheng smiled and comforted Qian Faqun: "Old Qian, I want to sell the firm to you."

Qian Faqun was dumbfounded.

Wei Dongsheng briefly explained: "The maritime merchants of Vietnam and Wei are mostly government-owned, either flying royal flags or monopolizing operations by nobles. The Wu's maritime merchants were born during the Vietnam-Wu war conflict. The royal family was poor and weak and had no prestige, so private maritime merchants took advantage of the trend. The reason why Wu State Maritime Merchants were able to repeatedly win was because Wu State Maritime Merchants made money for themselves, and they were more aggressive; Yue Wei marine merchants made money for the nobles, habitually seeking Steady wages."

"Wu's maritime merchants have strengths and weaknesses. Compared with the official maritime merchants of Vietnam and Wei, Wu's maritime merchants are small and weak, and they can often only exploit loopholes to make profits. In order to cope with the increasingly tightening oppression of the Vietnamese maritime merchants, Wu's maritime merchants cannot Without uniting, several commercial banks merged into one chamber of commerce, and several chambers of commerce merged into one business group."

"The joint stock trading group has been in existence for 19 years. Recently, I have carefully checked the information of the joint stock trading company and I am very touched. As far as I am concerned, the Weijia Commercial Bank can be reluctantly classified as a joint stock trading company because my father promised to give money to you. 3% of profit, 3% of profit to Chang Lao, and 4% of profit to Xing Lao. However, such a profit-sharing commitment is at most named as a traditional joint stock firm. In order to keep up with the trend of the times, I plan to thoroughly implement the Weijia firm. It will be transformed into a joint-stock firm, the shares of the Weijia firm will be officially sold to you, and the Weijia firm will be transformed into a firm of everyone."

The shareholding system reform is Wei Dongsheng's compromise strategy.

Since we are worried about the misfortune of the money, it is better to sell part of the equity to the management and employees, and turn the Xiaoweijia firm into everyone's firm. Wei Dongsheng has recently investigated the details of the small Weijia firm and found that the management such as Qian Faqun, Chang Guanshi, Xing Guanshi are quite capable. As long as they are able to treat the small Weijia Commercial Bank as their own business, even if Wei Dongsheng’s equity is reduced to 30%, they can still obtain a net profit far exceeding 105 silver dollars.

Facing Wei Dongsheng's proposal for shareholding reform, Qian Faqun was at a loss for a while.

In all fairness, Qian Faqun didn't want to buy equity in Xiaowei's house. The reason why the profit of the small Weijia firm has plummeted is that, in addition to factors such as the management of the private pockets, the difficulties of peer business competition are the main reason. Qian Faqun would rather stay until the small Wei's firm goes bankrupt than throw a lot of silver dollars into the hopeless quagmire.

However, the staff of Xiaoweijia Commercial Bank is more than just Qian Faqun.

Considering the difficult situation of Xiaowei's firm, Wei Dongsheng gave up the idea of ​​one-time profit by raising the valuation of Xiaowei's firm. Instead, he accurately assessed the assets of Xiaowei's firm from the standpoint of employees, and then generously cut it to 7.50% to give a discount . In other words, if the employee feels that the small Wei's house is worth 1,000 silver dollars, Wei Dongsheng will sell the shares at a preferential price of 750 silver dollars. In the face of Wei Dongsheng's goodwill, the employees cheered, and Guan Shi and Guan Xing also actively bid for equity.

After three months of interest gaming, Xiaowei's House of Business has successfully transformed into a joint-stock enterprise.

Among them, Wei Dongsheng gave up 70% of the shares, and since then only held 30% of the shares; Xing Guanshi is most optimistic about the potential of Xiaoweijia Commercial Bank, borrowing and financing to obtain 25% of the equity; Changguanshi is also relatively optimistic about the potential of Xiaoweijia Commercial Bank, borrowing from relatives and friends , Bid for 15% of the equity; but the most experienced Qian Faqun, because of hesitation, only took a formal purchase of 5% of the equity.

Three employees who were not in charge, through various methods of fundraising, bought 15% of the equity.

In order to indirectly supervise the operation of the small Weijia Commercial Bank, Wei Dongsheng introduced a local small landlord surnamed Du who was worried and envious of the cloth trade, and resold him 10% of the shares.

In this way, the major shareholders of the small Weijia Commercial Bank have changed to: Wei Dongsheng 30%, Xing manager 25%, regular manager 15%, Du landlord 10%, and Qian Faqun 5%.

The equity has been changed, and it is a bit of a misnomer to call the firm as a small Weijia firm.

However, even though the descendants of Wei Dongsheng’s bloodline had multiplied rapidly to a population of more than one million due to the confederation of the domain in 1582, the “after the clan” still had a certain appeal, like Liu Bei who sold straw shoes. In the past, Qian Faqun and three other stewards underestimated the Wei family's bloodline, and no one would regard the Wei family, who had fallen to the civilian class, as the royal relatives. But now, everyone has become the shareholder of the small Wei's firm. The interests of the small Wei's firm are everyone's interests. The management all want to make a fuss after taking the clan.

Guanshi Xing proposed to compile a family tree for Wei Dongsheng's father, and trace which feudal king and emperor in a detailed and credible manner. Of course, the identity of Wei Dongsheng arranged by Inferior Mingrihuan is indeed the clan, so as long as you want to trace it, you can definitely trace it. But just like the Zhu family of Zhujiabang, the descendant of Lord Lelang, this increasingly estranged blood connection has at most a certain gimmick value.

Business operations need such a gimmick.

At the shareholders meeting, Director Xing strongly recommended that the Wei family name be retained, with only one word added, and changed to Wei Wujia Commercial Bank. The five of Wei's five houses not only symbolizes that the five firms in Wei have five major shareholders, but also can lead the world to read five as Wu, and misunderstand the five firms of Wei as one of the inheritances of the Wei family in Wu.

Feeling the birth of the title after the clan up close, Wei Dongsheng only thought everything was so ridiculous. The bloodline left by the compromised dynasty's bloodline inheritance habits in the past has now become a banner. Wei Dongsheng of the sixth century even copied the legend of Liu Bei on straw sandals, allowing shareholders to use their blood to make a fuss.

Wei's five firms are just a small matter.

But thinking of similar things is bound to be too numerous to mention, thinking that there are Wei surnames all over the seven continents and four oceans and proudly propagating that he is the offspring of Wei Dongsheng, Wei Dongsheng is a little uncomfortable.

The descendants of more than one million bloodlines, what a terrible thing this is.

The topic returned to the Wei Wujia firm that had just been renamed.

At the first shareholder meeting, Xing Guanshi He Zong Lianheng obtained the dominance of Wei's five commercial firms and removed Qian Faqun with the least equity. Qian Faqun's face was ashamed until the shareholders meeting ended. He was dissatisfied with Guanshi Xing's ruling, but he couldn't help Guanshi Xing, because Guanshi Xing was also a veteran of the business and had actual management rights that Wei Dongsheng did not have. It can even be said that if Qian Faqun does not claim 5% of the equity, Director Xing can completely dismiss him drastically.

The five commercial firms in Wei stepped into the era of Xing Guanshi leading the way.

But from the standpoint of Wei Dongsheng, share reform is by no means a panacea.

The shareholding reform can only realize part of the equity at a low price. When Director Xing or other shareholders have secured their positions, they will be able to force Wei Dongsheng to sell the remaining 30% of the shares to him at a low price, and then take full control of Wei's five firms. Of course, Wei Dongsheng would not expect the shareholding reform to save everything. He can only hope that Guan Shi Chang Guan, Du Landlord, and Qian Faqun can hold back each other and delay the bankruptcy of the small Wei family firm or Wei's five firms.

If you like to re-take the road of the future, please collect it: (lightnovelpub.net) Re-take the road of the future. The literature is updated fastest.