374 [Structural Adjustment and Preparation for Listing]
After Chung Toh handed over his archives, Song Weiyang immediately adjusted the structure of Taurus Capital.
Guo Xiaochun still served as the legal representative, and at the same time, he thought that he was incapacitated, so he took the initiative to resign as president and temporarily served as a member of the investment committee, learning knowledge from the bigwigs every day.
Chung To was appointed President and Chairman of the Investment Committee.
Zhu Jialiang, a Citibank graduate, served as vice president and chairman of the review committee.
In addition, there is a risk management committee, and the chairmanship is vacant, which is temporarily managed by Chung To. When the equity swap with BOC Investment is completed, the position of chairman of the risk management committee may be reserved for BOC Investment, but it is also possible to hire external professionals.
In addition, He Guoming serves as the manager of the securities investment department, and Xu Xin serves as the manager of the corporate investment department. There are also general management departments, asset management departments, financial management departments and other departments, each of which have specific appointments, and the heads are mainly from Citibank and Peregrine before bankruptcy and reorganization, of course, there are also talents poached through headhunting companies.
An 18-storey building in the West Ring of Hong Kong Island was officially renamed "Golden Bull Building", vacating two floors as the office space of Golden Bull 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 great differences, mainly because Bank of China Investment's valuation of Taurus Capital is too low, which is too far from Song Weiyang's psychological expectations.
After all, equity replacement is a big deal, and if the two sides can reach an intention at the end of this year, it is already 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 Taurus Capital on the right track and facilitate his next operation - to help Xifeng Company go public!
……
After leaving the port city, Song Weiyang flew straight to Rongping and convened a meeting of the senior management of Xifeng Company.
Not only the managers of the headquarters were present, but also the directors of the branches and the managers of the sales branches rushed back to participate in the 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 appeared, and he was greeted by a thunderous applause.
Song Weiyang raised his hand to signal everyone to be quiet, said a few words of encouragement and thanks, and quickly went straight to the point: "The content of today's meeting has been discussed many times with Mr. Yang, several shareholders, and department managers. Now that the time is ripe, I would like to announce the following: First, the company structure will be greatly adjusted, and the product division system will be implemented in the future. The canned food division, the purified water division, the cola division, the iced tea division, the instant noodles and biscuits division, these departments will be officially established, and the juice division will be established next year. Each business unit is independently managed, accounted for independently, and is self-financed. If you don't do a good job, you will leave, everything will be based on performance, some old people in the company, don't think about lying on the credit book. Of course, there are rewards for doing a good job, and even the business department will be separated to form a subsidiary, and the relevant person in charge will directly distribute the shares!"
"Wow!"
The audience was noisy.
It's really Song Weiyang's paragraph, which is too informative.
The implementation of the business division system means a large number of middle and high-level positions, and the power of the relevant person in charge has increased dramatically.
At the same time, the pressure has also increased dramatically, and those who lack ability and want to make a living will probably not be able to mix it up in the future. This thing is a demon mirror, and it's clear who is superior and who is inferior.
Song Weiyang continued: "The specific personnel appointments will be announced by President Yang in person, and I will only talk about the headquarters. From tomorrow onwards, I will continue to serve as the chairman, Yang Xin as the CEO (Chief Controller) and President, Zheng Xuehong as the COO (Chief Operating Officer), Guo Xiaolan as the CFO (Chief Financial Officer), and Chen Tao as the CIO (Chief Information Officer) ......"
A series of English abbreviations, many people were stunned, and they didn't understand what they were doing at all.
Song Weiyang didn't wait for everyone to react, and threw a bombshell again: "The second content of today's meeting is that Xifeng Company is preparing to be listed in Hong Kong City. Before the IPO, the company will sell a portion of the original shares to employees, which is equivalent to a benefit for everyone. The number of original shares sold internally is limited, and if you want to buy it as soon as possible, after this village, there will be no such store. ”
That's the real shocking message!
For those who lived through the 90s, "raw stocks" are the equivalent of pie in the sky. Even ordinary people who don't know what the original shares are, often say with envy after dinner: "So-and-so got the company's original shares and made hundreds of thousands of dollars at once!"
Suddenly, some branch directors and sales branch managers chatted in whispers:
"Lao Zhang, how much are you going to buy?"
"I have 60,000 yuan in my hand, and I was originally going to buy a wedding house for my son, but now I must use it all to buy the original shares. ”
"Haha, I'm pretty much the same, I'm going to buy them all, and I'll be a millionaire in two years. ”
"By the way, what is the IPO that the chairman is talking about?"
"Maybe it's similar to the CEO, it's all a foreign devil's stuff anyway. ”
“……”
Amid the cacophony of the room, Song Weiyang handed over the floor 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's impact on Hong Kong stocks, today's meeting would have been held at the beginning of the year.
As the scale of Xifeng Company grows larger, it is inevitable that it will suffer from the disease of large companies, with a bloated structure, low efficiency, floating people, and slow response. Adjusting to the product division system will greatly improve the enthusiasm of employees, enhance the competitiveness of the enterprise, and at the same time help to cultivate all-round talents, reserve cadres for the future development of the company, and let Xifeng company maintain vitality in terms of personnel.
As for listing, that's also a must.
Xifeng Company is now short of funds, with total liabilities of more than 500 million yuan, mainly because it costs too much money to build a warehousing and logistics system.
From now until 2000, Hong Kong City is in a big bull market with a full recovery, and the Hang Seng Index will soar by more than 10,000 points in a year and a half. Let's put it this way, as long as it can be listed in Hong Kong City at this stage, the garbage enterprise stocks can be bullish, and the stocks with excellent performance are even more rolling up.
Only when the stock market has made money, can Xifeng Company survive the financial difficulties and enter a new round of expansion.
Song Weiyang has already been contacted, and Taurus Capital and Peregrine will jointly operate Xifeng's IPO and listing plans.
By the way, canned products, which used to belong to chicken ribs, have become a new profit growth point for Xifeng Company this year.
Thanks Soros!
Southeast Asia is rich in tropical fruits, but also rich in vegetables and meat, so many canned foods in the European and American markets are imported from Southeast Asia. Soros and international speculators have been engaged, a large number of canned food companies in Southeast Asia have gone bankrupt, and Xifeng's canned food has seized the market.
Since last summer, Xifeng's canned food exports have increased by 300% and are still growing.