Chapter 69: Consolidation

After the acquisition of Tudou was completed, Tudou also stopped running, and the page said that the company will be undergoing a month-long content revamp, and a new 'Tudou' is coming soon......

All the loyal old users of potatoes are also surprised, why did it stop so suddenly, could it be that the potatoes are also going to be cold? After all, there are a lot of rumors about potatoes during this time.

Wang Wei was responsible for the makeover of the potatoes, and at the same time, Wang Yu brought the personnel of the special effects company to assist in the creation.

After the revision, potatoes will become tomatoes, the entire video website, will be clearer and easier to understand, and the various layouts and functions will be more strengthened, and at the same time, online comprehensive web dramas will also begin, and members and so on will be launched after the revision.

After the reorganization, Tomato Network Technology Co., Ltd. also began to implement the project according to Chen Yongren's previous opinions, and established a variety show department, news department, online drama department and other departments, the company is directly responsible to Chen Yongren, and Wang Wei serves as the company's CEO, responsible for daily operation and management.

Just like that, under the guidance of Chen Yongren, Wang Yu is responsible for follow-up assistance, Wang Wei is responsible for the promotion of specific affairs, and Chen Yongren can be regarded as officially owning his own video website with a large traffic, but the outside world still does not know that the once brilliant potatoes have been owned by Chen Yongren.

Taking advantage of the acquisition of potatoes, Chen Yongren also once again integrated all its companies. Because some of its companies have overlapping businesses and low efficiency, after the completion of the restructuring and integration, Longteng Film and Television will be changed to Longteng Media Group Co., Ltd.

Longteng Media Group's subsidiaries: Longteng Film Distribution Co., Ltd., Tomato Network Technology Co., Ltd., Longteng Special Effects Technology Co., Ltd., Longteng Technology Co., Ltd., Longteng Sihai Cinema Co., Ltd., Longteng World Brokerage Company, Longteng Investment Company, Longteng Film and Television Culture Co., Ltd., Longteng Culture Communication Co., Ltd., etc., the integrated Longteng Media has been involved in all aspects of the cultural industry.

As the company expands further, its employees are also happy, because it means that they have made the right choice, and this is a very promising company.

And there is gossip that after Chen Yongren completes the integration of various companies, he will give some old employees a certain amount of dividend shares.

Chen Yongren knows very well that if you want the horse to run, you have to feed it grass, and the money will never be earned, and it is impossible for it to be earned by yourself, so it is necessary to let the employees at the bottom have expectations, and everyone has money to earn together, so that they will work harder and follow you with all their hearts.

At present, Chen Yongren accounts for 98% of the equity of the entire Longteng Media Group, and since the establishment of the studio, Chen Yongren has not carried out a single financing, and the original equity has always been his own monopoly.

However, with the development of the company, now more and more subsidiaries, Chen Yongren decided to take out a part of the shares as dividend shares, distributed to the employees who have contributed to the company, as long as the equity is in his own hands, the money can be taken out and distributed to employees.

Chen Yongren doesn't know much about capital, but in general, under the premise of ensuring the prosperity and development of the company, employees can make money and have absolute controlling stake.

Chen Yongren is not a person who is obsessed with power, otherwise he would not often be a hands-off shopkeeper, and Wang Yu is responsible for such a large company, mainly because he does not want to be controlled by others, and he is very clear about the general trend of future development, so democratic centralism and dictatorship are the most appropriate, and democratic consultation will only drag on for Longteng.

On the morning of the 15th, the heads of each subsidiary came to the conference room of Longteng Media headquarters.

The high-level meeting was chaired by Chen Yongren, Chen came in and saw that everyone had arrived, so he said: "The purpose of today's search for everyone, everyone should more or less know, with the development and growth of the company and the increase of newly established departments, our company has also begun to transform and upgrade in the near future."

First of all, the president of Longteng Media Group Co., Ltd., which was established after the integration, was served by Wang Yu, the former general manager of Longteng Film and Television. ”

After Chen Yongren finished reading the appointment of the president of the group, the responsible persons present also applauded.

Chen Yongren continued: "A few days ago, we completed the merger and acquisition of Tudou, which is now Tomato Network Technology Co., Ltd., and Wang Wei, the founder of the original Tudou, also continues to serve as the CEO of Tomato Technology, and everyone applauds to welcome our new colleagues. ”

Subsequently, a number of personnel appointments were announced one after another, and then Chen Yongren gave share awards to some old employees and creators, and after distribution, Chen Yongren's diluted equity still has an absolute controlling stake of 92%.

And Chen Yongren later handed over 41% of his shares to Gao Yuanyuan, and he only owned 51%, so the distribution was purely a cover-up, nothing more than a literal look-out.

After two days of discussions, the arrangements for the name change of each subsidiary or some mergers and acquisitions have also come to an end, and the rest of the work is for each person in charge to implement it.

Wang Yu serves as the executive president of the group, responsible for managing the daily affairs of the group, and at the same time has the responsibility of supervising each subsidiary, and does not have the right to guide, and only reports and is responsible for Chen Yongren's work.

At present, among all the subsidiaries, except for Longteng Investment Co., Ltd., which directly reports and is responsible for Chen Yongren, the other subsidiaries report and are responsible for Wang Yu's work.

At the same time, Chen Yongren's assistant Huang Huishan was promoted to vice president and general manager of the group, in addition to assisting Wang Yu in presiding over the affairs of the headquarters, he was also responsible for liaising with various subsidiaries for overall coordination, and he himself was also directly responsible to Chen Yongren.

Zhou Min serves as the general manager of the group's finance, in addition to reviewing the financial dispatch of the head office, she is also responsible for the supervision, review, approval and other rights of the financial affairs of each subsidiary, and she is also only responsible for Chen Yongren.

These three people are also the entire Longteng group in addition to Chen Yongren, the most powerful three, after the reform and improvement of the company's administrative system, the allocation of personnel, the scheduling of funds, and the sharing of resources will be more efficient and clear, a clear affairs, greater control, more scientific new system was established, through the run-in, next year's Longteng will go to a higher level.

At the same time, Longteng Media also held a press conference to announce the integration.

Led by Wang Yu and the CEOs of various subsidiaries, a press conference was held, and now after the improvement of various departments and companies, Chen Yongren is more idle than before, and this kind of reception that does not belong to the boss is held by the people below.

In the future, Chen Yongren's press conference, only the film's launch press conference or final press conference and personal press conference belong to the director's work, and the company's press conference will be conducted by Wang Yu or the following people in the future.

In this way, he can be a more pure director and focus on making movies, just like the chairman of some large groups, just control the overall situation, and the specific things are the work of his subordinates.

The chairmen of other companies are very casual, as long as the company has no major problems, they basically play golf, fishing or something, and have fun.

But Chen Yongren can't, he just does this to free up more time and put it on the movie, but in the future, he can also say to others, you see I'm a director now......