Chapter 1 Listing Controversy!
Ximing is from the bottom up, from the grassroots to the grassroots management to the middle management to the regional management.
Along the way, he began to cultivate his cronies.
In the future, many people will inexplicably become candidates for the top of the group, only to find out that Xi Ming is their big boss!
After he went through many branches, Ximing's ability has been greatly exercised, and the inspection team established by the group has also achieved great results, because of the existence of the inspection team, the moths of those companies have been dug out in time.
In those cases, there are all kinds of kickbacks, and there are also customers of their own companies who give kickbacks to other companies.
In terms of personnel arrangement, many branch managers use their positions to accumulate money, abuse their powers, and have no ability and no ability to actually hold important positions.
There are also lifestyle problems, and the boss will deal with the harassment of beautiful female employees strictly.
……
Everything is handled strictly, otherwise Xi Ming feels that no matter how big he is, he can't afford to be such a loser.
After a period of drastic changes, Xi Ming returned to the group company strongly.
From Dong Mingzhu, Tang Jun and others began to accept some of the group's affairs, he was ready to slowly transition to the point where he was in power.
Now Dong Mingzhu is not as capable as going west, she is getting older, and the efficiency of her work is slowly starting to decline.
The average age of the group of managers she brought has now reached 58-65 years old, and Miss Dong has become Grandma Dong, who is now 68 years old.
After gradually taking over the affairs of the group.
Xi Ming began to prepare for the listing of some subsidiaries.
For the founder of the business, going public means ceding a significant part of the "control" of the company. It means paying a lot of money for "normalization" and losing too much efficiency. But at the same time, these normalizations will give the company more help. In fact, when children are older, they should support themselves, instead of listening to their parents for everything. That's why public companies need more to prove their profitability.
In addition, the listing is also a demonstration of their strength, after being reborn, it has been difficult to overcome obstacles for so many years.
The success of the listing is also a qualified report card for their efforts over the years.
He convened an internal senior management meeting.
First of all, we will discuss the significance of the company's listing, and the subsidiary will arrange the listing first.
With the development and growth of the enterprise, the realization of the listing is also the dream of Xi Ming, the listing of some companies will consolidate their control of the company, the successful listing will highlight his achievements, but also will make its companies get a leap forward again, such as 95% of the top 500 companies in the United States are listed companies.
With the listing of enterprises, enterprises will become public listed companies that are concerned by the society, which will make enterprises have better development opportunities and give more development opportunities.
Group high-level meetings.
Xi Ming was listening to the speeches of the senior leaders.
Dong Mingzhu said, "I think some companies in our group should be listed, many people mistakenly think that companies that lack money are listed, and companies that are not short of money do not need to be listed, but in fact, they will bring great benefits to enterprises after they are listed." ”
Tang Jun went on to say, "Yes, the company is listed, then the company's shares have a circulation market, shareholders can freely buy and sell shares, recover venture capital and returns, for shareholders who are dissatisfied with the company or continue to fund shareholders, the listing provides an excellent opportunity for the company's shareholders to cash out, and also establishes a smooth channel for the exit of venture capital, so as to attract other venture capital to enter." ”
Hu Yiwei said, "the company listing can create wealth for the company and shareholders, and the value of the company should be determined through the market, after listing, the valuation of the company by the investing public is usually five to thirty times the profit, and the private company is generally valued by the tax department or investors is usually one to two times the profit, after listing, the value of the company has been greatly improved." ”
Wang Xiaogang said that "employee shares have value, work will be more active, a listed company's stock subscription rights and distribution, has a great attraction to employees, can absorb and retain outstanding talents, can stimulate employees' enthusiasm for work." ”
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"I don't think we are short of capital, we don't lack talent, we don't need to go public and become a public company, because shareholders have certain requirements for profits and growth rates after listing. Because the benefit of going public is nothing more than to circle money and get the funds needed to develop the business. I don't think our company can go public for money. After listing, the enterprise becomes a money-making machine, and the daily changes in stock prices affect the nerves of the enterprise, which is not conducive to the management of the enterprise's management. To do business, we should want to let the enterprise develop for a long time, so that a group of people can get a dignified life. If it is listed, the environment will be different, the company will be responsible for the shareholders, the company will ensure that the stock continues to rise, and profits will become the only purpose of the company's existence. In this way, the business will become very impetuous, just as impetuous as today's society. ”
"We can raise more funds through listing, and we can more easily obtain financing from the allotment of new shares and raise more development funds, I think going public. ”
"I think that if we don't go public, because if we don't go public, our company can really calm down and develop according to our own ideas, because listed companies will be affected a lot, stock prices rise and fall, results are announced, and investors will point fingers at you, such as submitting statements every quarter, and you may have to take short-term measures for sales profits. In fact, the gap between listed and non-listed is still relatively large. ”
"I think we want to go public, which can greatly improve the company's image, visibility, credibility and competitiveness, expand the company's influence, and easily gain the trust of the society. ”
"I think going public increases the likelihood of being acquired, and statutory disclosure will make companies need to disclose relevant information, increase corporate transparency, and increase various costs such as public relations, legal fees, etc. ”
"Listing can be used to acquire other companies with shares, which is conducive to the company's acquisition and merger with shares instead of cash, increasing the opportunity for cooperation between the company and the market, and providing a favorable tool for capital operation. ”
"I don't think our group's technology companies should go public first for the time being, because the pigs are so fat that they don't even hum. Technology companies are driven by talent, and if the company goes public too early, a group of people will become millionaires and multimillionaires, and their passion for work will decline, which is not a good thing for our technology companies, and employees who are young and too rich will become lazy, and it will not be beneficial to their personal growth. ”
The top management of the group constantly speaks at the meeting.
It was divided into two factions, which made Xi Ming a little unexpected, he thought that everyone supported the listing.