Chapter 0654 Auto Finance

|||->-> employee stock ownership policy is in full swing in Tianming Group.

Although in the mid-nineties, the concept of "stocks" was still very unfamiliar in China, but in 1990, the Shencheng Stock Exchange had begun to establish and operate, and two years after its establishment, that is, in 1992, it issued stocks for the domestic public, but at that time the stocks needed to use the "stock subscription warrant" to go to the exchange to subscribe, and the price of the stock subscription warrant issued in 92 was doubled one after another, so it was also called "92 fortune certificate".

"92 Fortune Certificate" caused a great repercussion in China at that time, because this is almost a profitable business, and objectively it has also promoted the understanding of the domestic people, especially the citizens of Shencheng City, about the "stock", so after the implementation of the employee stock ownership policy of Tianming Group, all the employees of the group expressed great excitement, and almost every employee who met the subscription conditions participated in this policy.

"In 92, I didn't know what stocks were, and I missed a good opportunity to make a fortune, and now our group is engaged in this activity, and we can't miss anything anymore!"

"After subscribing to these shares, we still have the right to vote in the company's business decisions in the future, isn't this the worker turning over and becoming the master!"

"You can also overdraft the salary behind to subscribe for these shares, our chairman is really thoughtful!"

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From the headquarters of the group, to the subsidiaries, from the functional departments, to the production department, from the staff, to the staff, all applauded this policy, and the person in charge of the equity subscription registration of each department was also busy from morning to evening, and the scene was very hot.

Just one day after the employee stock ownership campaign began, more than 5,000 employees of the entire Tianming Group participated in the campaign.

As the first company in China to adopt the "employee stock ownership" policy, Tianming Group's move has also attracted widespread attention in the society, and it has become a dream dream for all job seekers.

Five days have passed, because the number of employees of Tianming Group is too large, and the employee stock ownership activity has not been completed so far, especially the two largest subsidiaries such as power transmission and sedans, and it will take at least a week to complete this work.

According to the statistics submitted by the various subsidiaries, at present, more than 20,000 eligible employees of the entire group have participated in the equity subscription activities, and more than 12% of the equity has been successfully subscribed for the 20% equity allocated for the distribution, leaving less than 8% of the equity, which is still waiting to be subscribed, but the final subscription equity ratio will definitely exceed 20%. ”

In Zhou Jingming's office, Ma Xudong, who was in charge of this equity subscription, was reporting to Zhou Jingming on the progress of his work over the past period of time.

"The next work, you have to trouble Lao Ma, you continue to pay attention, our group is so big, and there are so many employees involved, if it is fully implemented, no month is definitely not enough, if you have any problems, you can find Mr. Zhao, or you can find me directly." Zhou Jingming nodded, and then continued,

"If the final subscription of equity shares exceeds 20 percent, the excess part can be taken directly from my share ratio, since we are engaged in this policy with great fanfare, and the outside world is also boiling, we must do it with our hearts, and we can not mix any water. ”

Although it is said that this time 20% of the equity is used for the implementation of the "employee stock ownership" policy, Zhou Jingming, as the chairman, has also divided his original equity to a certain extent, but at present, he is still the one with the largest proportion of shares in the entire Tianming Group, accounting for 50% of the shares, which can ensure that he has the absolute right to speak in the Tianming Group, and will not be like Jobs, the embarrassing situation of being swept away by the company he founded.

"Chairman, since the board of directors has decided that the employee shareholding share this time is 20%, and the document issued is also this figure, I don't think you need to take out additional equity from your own shareholding for this activity. When Ma Xudong heard this, he couldn't help but persuade.

Zhou Jingming shook his head with a smile, "The regulations on the document are dead, and we didn't expect the scale of the subscription to be so large at the beginning, which in itself is a dereliction of duty in our work, besides, a little less will have little impact on me, and it can almost be ignored." ”

"That being said, it is not necessary to use the method mentioned by the chairman, and it is also possible to re-allotment of shares, or not to go from the original shares, and to increase the number of employee shares, which can make up for the excess part of the equity share. ”

"Just do what I say, don't engage in those vain heads, lest you end up being criticized. Zhou Jingming still shook his head with a smile and insisted on his original proposal.

Seeing Zhou Jingming's resolute attitude, Ma Xudong could only smile wryly and nodded, without saying anything more.

"By the way, Lao Ma, what do you think of what I told you last time?Can you give me an accurate answer?" After talking about employee stock ownership, Zhou Jingming changed his words, looked at Ma Xudong and asked with a smile.

"Is the chairman talking about the establishment of an auto finance subsidiary?" Ma Xudong paused, and then continued, "I think your starting point is good, but at present, the domestic financial control is still very strict, and I am afraid that the conditions for engaging in auto finance are not yet available." ”

Considering the development strategy of the group, Zhou Jingming wanted to put the strategy of auto finance on the agenda as soon as possible, set up an auto finance company, and Ma Xudong served as the head of this subsidiary.

"The current domestic environment is indeed not suitable for direct financial companies, but we can first do a good job of relevant preparations, financial control will not always be so strict, and in two or three years, the policy will definitely be relaxed. Zhou Jingming nodded with a smile.

In a sense, Tianming Group's loan purchase policy in the Southeast Asian market is actually a financial activity, but it does not attribute this policy to a specialized auto finance company, but is directly responsible for Tianming Group.