A few days later, Wu Baojun and Yan You came to the Perfume Galaxy Hotel again. Speaking of the situation on the city distribution side, Yan Youcai was vague, and he didn't look like he was full of confidence last time.

What to do with the restructuring of the hotel, Yan Youcai said his thoughts. He said that now there can only be two steps: the first step is to restructure the shares of the Municipal Bureau of Commerce; The second step is to slowly go to the bank.

Wu Baojun agreed with Yan Youcai's idea of taking two steps. He asked Li Fei: Mr. Li, do you think it's okay?

Li Fei nodded and said okay. But on second thought, even if he bought 48% of the shares of the Commercial Bureau, he would not be able to come up with that much money. I can't help but feel a little frustrated.

Yan Youcai said that we can operate in this way and adopt the MBO model in the way of equity transfer. Seeing that Li Fei didn't seem to understand, he explained that MBO is a management buyout. A management buyout rather than a one-man general manager would spread the pressure on the funds.

Li Fei immediately agreed. More important, he said, is that we can stand in a trench rather than on the opposite side.

Li Fei's biggest concern about the restructuring is that he is worried that one day he will become a private boss, and his subordinates will become his wage earners, will their mentality change? Can he still inspire them with that noble feeling?

However, even if the MBO model is adopted, in front of all managers, the 48% stake of the commercial bureau is still an insurmountable mountain.

Regarding Li Fei's concerns, Yan You felt that it was not a problem. He said that as long as the determination is made, there is always a way. Mayor Wu, what do you say?

Wu Baojun affirmed. He said, Director Yan, tell Mr. Li about your thoughts.

Yan Youcai said that we can adopt the method of one-time transfer of equity and installment payment of share capital. Now you can pay as much as you want, and the rest will be repaid with the profits of the hotel in the next few years.

The fact that you can take something away without paying cash for it is certainly a good thing for the buyer, but it seems a little unfair to the seller.

Li Fei said that he was afraid that the Commercial Bureau would not agree.

First of all, Mr. Li, can you accept it? Wu Baojun said.

Li Fei said, of course I can accept it.

Isn't that enough! Yan Youcai said Li Fei, other people's enterprises are restructuring, and the managers and factory directors have many methods, and they can think of anything we can't think of. Only you, Perfume Star River, seem to be very passive everywhere, always asking us to push forward.

Li Fei asked, are they doing the same thing in Xiangzhou Commercial Building?

Yan Youcai said that their situation was only halfway through, and he glanced at Wu Baojun and didn't go any further.

Li Fei saw that Yan Youcai was still holding the pipa, and he became more and more interested in inquiring. also looked at Wu Baojun and said, what else can't be said, right?

Wu Baojun told Yan Youcai that it was okay to tell him. He turned to Li Fei again and said, but don't pass the word.

Yan Youcai said that it is all some internal information, and spreading it will have a negative effect. Please be sure to keep it confidential.

After listening to Yan Youcai's introduction, Li Fei had a general understanding of the situation of the commercial building.

According to the assessment, Xiangzhou Commercial Building has a net asset of nearly 30 million yuan. In order to encourage employees to participate in the stock and smoothly promote the restructuring, the government gave a six-fold discount to this assessment. used two or three million yuan to buy out the identity of the workers, and used 13 million yuan to buy out the relationship with the city supply and marketing cooperative. The amount of subscribed share capital is: 5,000 to 10,000 yuan for ordinary employees; 30,000 yuan for middle-level managers; 50,000 yuan for senior management; The general manager is 300,000 yuan. In order to ensure the control of the general manager, the government gave Wan Shaobei a personal share of 5 million yuan in the form of a reward.

Yan Youcai's remark that it is not suitable to be spread mainly refers to the five million reward shares. Workers in commercial buildings disagree with the government's approach.

Li Fei also wants to know more, such as what is the total share capital? What is the proportion of general managers? Is there a right to distribute the 5 million share capital awarded? Yan Youcai did not give an in-depth explanation.

Although the government was silent about the 5 million share award, there was still a lot of rumor in the community.

Later, some people said that the 5 million yuan share award became the original sin in Wan Shaobei's heart. He always felt unsteady in his heart, like an Olympic champion who won a gold medal, and woke up in the middle of the night to bite it with his teeth, always doubting that it was not true.

Someone else told him that XXX can either give you or take back the five million shares. He didn't want to believe these words, but he couldn't help but believe them. I was suspicious and confused, worried that one day there would really be another X move.

Wan Shaobei is a person who is very eloquent, has a sense of humor and is good at making up stories, and he uses a story to express his state of mind.

He said that once upon a time, there was a rich man, who saw his family's long-term workers coming in and out of songs and songs, and thought to himself that I was so rich, and I was always worried about this and that, and my life was not steady and comfortable. How could he be so happy? One day the rich man hid a piece of gold in the heap of grain, and said to the chief worker, "The sun is good today, so take the grain out of the barn to dry." The long-term worker said yes, sir. Carrying and moving, the long-term worker found the piece of gold in the heap of grain. When he looked around and saw that there was no one, he took the gold into his arms. I was very unsure. Do you want to hand it over to the master? Hand it over, it's the money you have; If you don't pay it, what if the lord finds out?

At this time, the old man looked at the long work again, and went in and out of the haunted songs. Some are full of worries and gloom. The rich man secretly laughed: It turns out that you are just like Lao Tzu, you are not happy when you have money!

The old man said to him, "I have a piece of gold that has lost its way, I wonder if you see it?"

The chief worker immediately said, I found a piece of gold in the pile of grain, do you see if it is?

After handing over the gold, Changgong went in and out of the song as before. After telling the story, Wan Shaobei said without self-deprecation, I am now the long-term worker who picked up the gold!

Only then did Li Fei know that the situation of the commercial building was different from that of the hotel, and there would be no reward shares, which had no reference value for the hotel.

Ma Ke walked into the staff cafeteria and saw Yang Yue, who was sitting in the southeast corner, waving to him. He pointed his finger at the dining table and motioned for me to come back after I got some food. Sitting with Yang Yue were He Fei and Jiang Kehang.

What are you going to do? Without waiting for Ma Ke to sit down, Yang Yue couldn't wait to ask.

We're talking about the hotel restructuring. He Fei added.

Looking at the three people who were staring at him, Ma Ke took a sip of the soup bowl and put it down and said, what else can I do? Get involved.

We didn't say not to actively participate, the key is this. Jiang Kehang used three fingers to make a gesture of counting money.

There is a way to do this, and the key is that the city issuance is unwilling to withdraw. Ma Ke said that they said that it was okay to give up their equity, unless someone helped Perfume Galaxy Hotel pay off the loan of more than 30 million yuan.

More than 30 million? My Mom! He Fei said.

Yang Yue said that if they don't retreat, they won't retreat, anyway, the right to operate is on our side.

Mr. Ma said that Mr. Li was worried that in the future, if they transferred their controlling stake to someone else, it would be difficult to say.

How many shares do they have in the City Issue? Jiang Kehang only knew that the bank was a holding unit, and it was not clear how much.

51%. Yang Yue hurriedly said.

Ma Ke corrected: To be precise, it is 52% of the City Issuance and 48% of the Commercial Bureau, with a total share capital of 8 million yuan.

What is the attitude of the Commercial Bureau? Jiang Kehang asked.

Ma Ke said, what other attitude can they have, their black gauze hat is in the hands of the municipal party committee and municipal government, and the city wants them to retreat, but they dare not retreat? Now they only have one requirement, the first installment of the share capital of 3.84 million yuan must be paid to at least 50%. They want to use this money to buy out the identity of the company's old employees.

Isn't the relationship between Mr. Li and President Zhang very good, why don't you ask President Zhang to help you do a job? Yang Yue asked.

Very good? Ma Ke snorted with his nose and laughed and said, You ask Lao Xie.

At this time, Xie Han came over with a plate of food: Ask me what? It's so hilarious.

He Fei said, we said that Mr. Li didn't ask President Zhang to do the work, and transferred the shares issued by the city to us. Lao Ma means that the relationship between the two of them is not good.

How so? Xie Han chewed a bite of the dish, and it was all trivial things.

Whose concert was held on May Day, didn't we hold an activity to invite model workers to watch the performance, in order to throw bricks and attract jade, and sell group tickets of trade unions to government agencies and enterprises. When I contacted him by phone, I left out the city issue. Later, their office called to book tickets, and the first-class tickets were gone.

I asked Mr. Li what to do, and Mr. Li said that he would explain it to President Zhang. Mr. Li called President Zhang on the spot and said that he would make a review. I heard President Zhang say on the phone that our own family is good to say, and it is appropriate to sell good tickets to outside guests.

Hearing President Zhang say this, I picked twenty of the best tickets in the second class seat and sent Cai Lin to send them over. I asked Mr. Li if he wanted to take the money, and Mr. Li said, you just say that this ticket is given to them, but if they insist on paying, they will accept it.

The director of the office of the city issuance was very happy to hear that it was a free ticket. He asked Xiao Cai to wait and report to President Zhang immediately. I'll come back in a while and say that our opinion from President Zhang is still paying. When the people who went there heard this, they took the money.

In fact, President Zhang's original words were: polite words still have to be spoken, just say that we still give money, if they insist on not accepting it, forget it. Marco added, who knew that the people we went would not look at each other and really took the money.

How do you know? Yang Yue asked.

It's all from the bank after the conflict. Ma Ke said that as soon as he entered the market, all the institutions and enterprises with a little face were good seats in the middle, and only a group of people from the city issued sat next to them. It's not as angry as not being angry, it's more angry than being angry. For many years, some people in the city have been resentful of the perfume Star River, but this time they finally found the crater and erupted together. Anyone who talks about anything unpleasant will say: What are we in their eyes? It's bullshit, it's not bullshit! The benefits are all theirs, and we don't have anything to do with half a dime!

Xie Han said that President Zhang was still persuading at first, but later he became angry when he saw the excitement of the crowd. I didn't even watch the performance, and left with a shake of my hand. When Mr. Li heard that President Zhang was angry and left, he hurriedly called to chase him, but President Zhang did not answer after several calls. The next day, Mr. Li took me to apologize in person, and although President Zhang was polite, he was very cold. On the way back, Mr. Li's mood has been very low.

After the start of the share reform, I reminded Mr. Li, speaking of which, Ma Ke looked around, lowered his voice and continued, should we express it to President Zhang? Mr. Li said, what does it mean? What to say, what to say, of course he understood what I meant. He said I didn't want to hurt anyone. He is always like this, thinking that giving gifts is harming others. It seems that those in power do not eat the fireworks of the world.

If President Zhang is served well in this matter, the matter will become more than half. Xie Han said with a smile.

Jiang Kehang said, Serving President Zhang well can't solve the bank's capital problem?

Regarding Jiang Kehang's statement, Ma Ke was a little disdainful. He said that now the city has a loan of hundreds of millions in Xiangzhou, except for the Perfume Galaxy Hotel, which one else is engaged in holding? Originally, bank holding enterprises were not standardized. Everyone else can get a loan through mortgages and guarantees, why can't Perfume Star River?

Is our hotel profitable? He Fei asked Ma Ke.

Look at what you said, how can such a good business not be profitable. Yang Yue glanced at He Fei, and his gaze still fell on Ma Ke's face.

How to say it, Marco said, earning must be earned, but not much, the key is that the burden is too heavy. More than 2 million yuan of interest and more than 1 million depreciation a year. There are also continuous renovations every year.

Is it worth it for us to buy a stake in the hotel? He Fei felt that Marco's answer did not solve her concerns.

Do you want more cost-effective? Marco smiled: How about giving me one of your indicators?

He Fei pushed Ma Ke, don't you look like a bad thing!

Seriously, I bought a stake in the hotel, what if I want to leave in the future? Yang Yue said.

Xie Han knew that the question Yang Yue said reflected a general mentality among managers, everyone has their own dream of being a general manager, and when the real opportunity comes, they will choose to leave. Just like Liu Wenjun. But will these shares become a fetters for their own departure?

Xie Han said that this should have nothing to do with where the person is.

Xie Han usually likes to study some legal issues, and his statements are convincing.

So Mr. Yang is ready to leave Perfume Star River? Jiang Kehang laughed at Yang Yue.

Yang Yue said, I'm talking about just in case. What if, do you understand?

I don't worry about what you said, Jiang Kehang said, I'm still worried about this. He raised his right hand and counted the votes as he had done before.

He Fei said that the chief financial officer just said that there is a way to solve the problem of money.

How to fix it? Jiang Kehang said, don't you want me to take the money out?

I don't want you to take all the cash out. Mr. Marco said the city's initial plan was for individuals to take 10 percent of their cash first, and the rest would be paid in advance by the hotel, which would later be deducted from the individual's dividend income.

How much cash do I have to get out? He Fei still didn't understand.

How many shares should you subscribe? Marco asked.

He Fei said, isn't it the same as yours? 2%。

Yang Yue said dissatisfiedly, he is just different from yours. People are directors, how can they be like us?

Let's not talk about whether these are good or not, Jiang Kehang said, Ma Ke, you calculate with us, how much cash you want to take.

Ma Ke said that this is a good calculation, 2% is 160,000 share capital, and 10% of 160,000 is 16,000 yuan. You're going to get $16,000 in cash this time.

Hearing this, He Fei choked on a mouthful of food.

Jiang Kehang said, can you not want this share?

Yang Yue said, give me what you don't want!

Ma Ke said Yang Yue, do you want to take advantage of the fire to rob! He also said to Jiang Kehang, Lao Jiang, you can borrow it from others.

Jiang Kehang said, who should I borrow? Who will lend it to me? What will I pay back if I lend it to me?

Ma Ke said, Lao Jiang is not me talking about you, you can only engage in engineering with your brain. You give 10% of the shares, and you get back 100% of the profits. Of the hotel's 40 million yuan of assets, 800,000 yuan is yours. For every $5 million in profits, $100,000 is yours. This kind of thing that is profitable, you still pick and choose. I really treat kindness as a donkey's liver and lungs! Whether you want this share or not, you can do it yourself.

Jiang Kehang is extremely smart in physics and technology, but he doesn't know anything about investment and financial management. was robbed by Marco, although he didn't fully understand it, but he was sure that there was a huge benefit in it. He blushed and smiled awkwardly, still refusing to admit defeat in his mouth: I know what you said, the key is where can I get this sixteen,000 yuan now?

Xie Han reminded that you can borrow it from He Wenrui.

Since Jiang Kehang understood Li Fei's attitude, He Wenrui was no longer a taboo topic in his place. He said where I would go to find him, and I did have some confidence in my heart.

Yang Yue suddenly remembered what he had just said, and asked Ma Ke, did you just say that you would pay 50% of the 3.84 million yuan share capital of the Commercial Bureau now?