Chapter 1306 Options
Chapter 1306 Options
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"That's pretty much it!" the old man finally loosened his brow.
"You're rich enough kid now! It's time to think about the big things in life. Otherwise, you don't even have an heir, why do you make more money? Waiting to be buried with you in the grave when you are old?"
It was not polite to teach Uncle Long, who Liu Dong regarded as a nephew, a lesson.
Of course, such a reprimand, in Liu Dong's view, is just real care and love. So he couldn't help but not be disgusted, but cherished it very much.
"Yes, yes, what you have always taught me is that next year I will definitely solve the problem of inheritance!"
"That's pretty much it!"
Seeing that the old man nodded with satisfaction, Liu Dong finally breathed a sigh of relief in his heart.
After staying at Uncle Long's place for most of the afternoon in the afternoon, Liu Dong returned to the villa in the valley after receiving a call from Feng Jianhui.
"Chairman, this is all the information submitted by each branch in 03!"
Looking at the thick document in Feng Jianhui's hand, Liu Dong took it and flipped through it briefly, then waved his hand at Feng Jianhui, "Come, sit down and talk!"
"Yes!"
"I'll go back and read these materials slowly, how is the situation of Standard Chartered Bank now?"
"The basic situation has stabilized, especially after we successively announced that we have a significant stake in BHP Billiton in Australia and Renault in France, the deposits and assets that have been lost in the past two months have now begun to slowly return!"
"So far, our Standard Chartered Bank's Tier 1 capital has recovered to $42 billion, the bank's total assets are $958 billion, pre-tax profit is $12.678 billion, and real profits have increased by 12.8%, ranking tenth among the world's 1,000 large banks********! We are followed by BNP Paribas and Bank of China, which are 11th and 12th respectively. ”
After listening. Liu Dong nodded.
After a series of setbacks, Standard Chartered Bank did not fall into the top 10 in the banking industry, which was pleasantly surprised and gratifying to Liu Dong.
His $37 billion was not spent in vain after all!
In addition, looking at the documents, he also lamented the depth of the family background of Citigroup and HSBC Group. After being cheated by him, he only dropped one or two.
Even Citigroup, which suffered the most. It only gave up the champion throne, and still firmly suppressed the Mitsubishi Financial Group of Japan with a tier 1 capital of 68 billion US dollars and total assets of 1,349.8 billion US dollars.
"How much do we have in Standard Chartered now?" said Liu.
"It's close to 97%!"
After nodding, "How is BHP Billiton and Renault shares doing?"
"BHP's 27.5 percent stake has been transferred to the Oriental Resources Group, on the condition that it has a 30 percent stake in the Oriental Resources Group and $7.5 billion in cash! Renault's shares have been handed over to the Daewoo Automobile Group, on the condition that it has a 25 percent stake in the Daewoo Automobile Group and $2.8 billion in cash!" After speaking, Feng Jianhui glanced at Liu Dong with admiration.
Valued at more than $20 billion and leading in their respective industries, BHP Billiton and Renault have a strong stake in Standard Chartered's stability and recovery.
About. Feng Jianhui's words, Liu Dong did not express any opinions!
Dozens of subsidiaries of the GCA Group have cross-held shares with each other, which has never stopped over the years.
Just like Standard Chartered Bank, now 97% of his shares are not directly controlled by Liu Dong, but by the headquarters of Hanhua Group, Hanhua Commercial Bank, Huayang Group, Daewoo Group and other subsidiaries, and the controlling stake of these subsidiaries is absolutely in the hands of Liu Dong.
The intersecting equity forms a tight net, which effectively resists hostile takeovers from external funds. A powerful fist was also formed!
"Jianhui, how long have we been starting a business together!" after a half-silence. Liu Dong asked suddenly.
And Feng Jianhui, who was unprepared for this question, was stunned for a moment, and although he couldn't figure it out, he quickly replied: "It should be three and a half years, right?"
I remember that when he and Liu Dong met for the first time, they were still in the teahouse of Uncle Long's Taiyi Pavilion. Although Liu Dong was full of confidence at that time, compared to now, his words were full of youth!
Now recalling the original scene, Feng Jianhui really felt a lot of emotion in his heart. If it weren't for Uncle Long's face at that time. He would not choose to accept Liu Dong's position.
However, fortunately, he chose to agree, otherwise he would not be where he is today.
"Yes, three and a half years, that's a lot of time!"
looked at the usually rare look of emotion on Liu Dong's face. Feng Jianhui couldn't figure out what he wanted to say for a while.
"I plan to implement the 'Employee Stock Ownership Plan' in each of the group's subsidiaries next year and set up a certain option pool!"
Liu Dong's indifferent words sounded like a thunderclap in Feng Jianhui's ears.
After noticing the expression on his face, Liu Dong smiled and didn't say much. In fact, the reason why this is the case is also that Liu Dong understands that after the enterprise expands to a certain extent, if it wants to retain talents, it must come up with more benefits. Moreover, because of the standard Standard Chartered Bank incident some time ago, Liu Dong will no longer choose to let his companies go public for financing.
In this way, it is an effective way to avoid the bad end caused by 'eating alone' and take out a part of the shares to let more people share, which is not an effective way to retain talents, keep assets, resist future risks, and even avoid many political risks.
In the future, when democracies like the United Kingdom and the United States want to do something about Standard Chartered, they will have to consider the interests of thousands of Standard Chartered employees in China!
"Chairman, will all the companies under the Hanhua Group implement such reforms?" asked Feng Jianhui after a pause.
"Yes!"
Liu Dong's nod made Feng Jianhui inevitably look forward to it.
Even if he is loyal to Liu Dong with all his heart, if he can get more benefits, Feng Jianhui will not refuse.
"What about the specific reform plan......?"
In the face of Feng Jianhui's tentative questioning, Liu Dong did not hide it in front of his most trusted subordinates.
"The basic plan is to maintain 60% of the equity of each branch controlled by the head office, and 15% of the remaining equity will be used as an option pool as an equity reward for the outstanding employees of the new company in the future. With the exception of the 75% shares, the remaining shares were transferred to the employees of the respective companies. ”
"In addition, I don't need employees to contribute to subscribe for shares, the company transfers equity free of charge according to personal performance and ability, but this part of the equity held by employees only has the right to dividends, and no right to transfer!
Although Liu Dong plans to sell some of his interests, he is definitely not giving away his hard-earned assets in vain. But even so, it shows his sincerity. Like Standard Chartered Bank, the annual profit is enough to billions of dollars, even if only half is distributed, then now Standard Chartered has more than 20,000 employees, each of whom can get more than 100,000 dollars!
Of course, it is certainly impossible to distribute them evenly, but it can more or less double the number of employees in even the most ordinary group of employees.
"What about Cathay Pacific and Emperor Entertainment Holdings?" Feng Jianhui continued.
Although Liu Dong has an absolute controlling stake in Hong Kong's Cathay Pacific Airways, he does not hold almost 100 percent of the shares like the Daewoo Group and the Oriental Iron and Steel Group, but only about 70 percent! If Liu Dong follows Liu Dong's equity award plan, it is obvious that the dividends received by the employees of Cathay Pacific cannot be compared with those of the same group, so that after some comparison, there will inevitably be some complaints, and this will not be beneficial to the company's development.
"We have an absolute controlling stake in Cathay Pacific and it wouldn't be too difficult to privatise it completely. I'll take care of that. As for Emperor Entertainment Holdings......!"
After thinking for a while, Liu Dong shook his head, "Forget it! Emperor Entertainment is not within the scope of this equity award plan!"
Regarding Liu Dong's decision, Feng Jianhui also nodded in agreement.
Emperor Entertainment Holding Company is a real cooperative company, although Hanhua Group has a real controlling stake in it, but this controlling stake is only 55%!
The rest is in the hands of Zhou Bin and Li Yuncong.
Coupled with the fact that it was originally a tool for Liu Dong to win over interest groups, and the particularity of the gambling industry, Liu Dong did not want to make too many changes to Emperor Entertainment Holdings.
"By the way, there are also Fengrui Agricultural Company and the New York Knicks basketball team are no longer in the scope of this equity award!" Liu Dong emphasized again.
The situation of Fengrui Agricultural Company is somewhat similar to that of Emperor Entertainment, except that the partner has become Uncle Long's son. Without consulting the other party, Liu Dong cannot make his own claims, even if he has an absolute controlling stake.
As for the New York Knicks basketball team, the scale of capital is too small, and it is just an unexpected pastime for Liu Dong. There is no need to join this program at all.
"Understood!" After nodding, Feng Jianhui suddenly remembered something, "By the way, Chairman, I just received a call from Mr. Martin Bouig, he has acquired Universal Music Group, and I hope we can sign a formal cooperation agreement with him as soon as possible!"
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… (To be continued.) )