After repeated bargaining between Zheng Nan and Douglas, it was finally determined that Douglas would sell 31.1% of the shares of the instrument factory in exchange for 49% of the shares of Sunshine Glasses, and Zheng Nan agreed to sell 20% of the shares, and the last 12% was repurchased by the company.

In other words, under the framework of Douglas, Zheng Nan's shares in Sunshine Glasses cannot exceed 20% and cannot have a veto.

Of course, in the same way, Douglas also showed his sincerity in the last 19.9% stake in the instrument factory.

In fact, this equity division is still relatively rough, not to mention anything else, but in terms of shares, under the premise of the existence of collective shares, whether Zheng Nan or Douglas, as long as a senior executive is on their side, they can still easily let their equity in their hands exceed 21%.

According to the enterprise system, any major corporate resolution must be passed by more than four-fifths, and holding 21% is a veto.

But this is already the most suitable plan that they can negotiate at the moment, and it can only be done temporarily, and the rest will be adjusted later.

It is worth mentioning that later, when Zheng Nan and Douglas signed the contract, they wrote quickly one by one, for fear that the other party would regret it, and everyone was happy after the signing.

After signing the contract, Zheng Nan took the initiative to ask Douglas to stay, telling him that now that the shares are redistributed, the previous share system should also need to be adjusted and improved.

Douglas, as the representative of the major shareholder, also knows more about the shareholding system and needs him to make some suggestions.

Even if Zheng Nan doesn't say this, Douglas will be dead and want to stay when he hears it.

Just kidding, now no one has a veto, if he takes advantage of his absence to do something temporarily, Douglas will really cry.

If there is any benefit to the original joint-stock enterprise in 90, it must be to hold a shareholders' meeting, as long as Zheng Nan and Douglas are present, it is basically complete.

Then, as for the need for more than four-fifths of the votes to approve major corporate resolutions, Zheng Nan focused on emphasizing the system of share sale and transfer, as well as the establishment of a collective share pool of enterprises.

The first is the sale and transfer of shares, Zheng Nan said that in just one week, the company's shares have undergone various changes, which is obviously harmful to the operation of the enterprise, so Zheng Nan proposed to require additional restrictions on the sale and transfer of shares.

"Any company's shares are locked for three years after the transfer, and in principle, they are not allowed to be bought or sold or transferred for three years, including pledged loans, etc."

"If there is a real need to buy, sell and transfer, it is necessary to submit to the general meeting of shareholders and obtain more than half of the authorization before the sale and transfer can be carried out."

Douglas raised an eyebrow.

Good guy, that's what came at him, so that he couldn't go short or long, so that Blayman had to be tied to the instrument factory and the sunglasses, at least for three years.

The next step is the establishment of a collective share pool.

Zheng Nan said that regardless of the instrument factory or Sunshine Glasses, the extra shares will be distributed to everyone in proportion to the level of the cadres of each factory.

This share power is the same as Zheng Nan's own shares and Douglas's shares, which have the right to vote on major decisions of the enterprise and enjoy the dividend distribution of the enterprise.

Of course, Zheng Nan also said that there are also restrictions on the collective share pool.

"The biggest restriction is that the collective share pool of the enterprise is owned by the whole factory and not by individuals."

"That is to say, as a factory cadre who gets the shares, you can enjoy the voting rights and dividend rights of the shares, but the shares do not actually belong to you, and no one can pledge, buy and sell and transfer."

"And once you leave your job or are not in the factory for various reasons, your shares will be automatically returned to the collective share pool of the factory."

Hearing this, Douglas nodded frequently, and felt that this kind of enterprise collective share pool was very novel, although large foreign companies also have similar systems, but it was far less detailed than Zheng Nan said.

The practice of collective share pools can distribute dividends to executives and make them more motivated to work; Second, because corporate executives only enjoy dividends and voting rights, the shares are still owned by the company and cannot be taken away.

When Zheng Nan then gave a detailed description of the share pool, Douglas was even more surprised.

"Zheng, are you sure you didn't go to Harvard or Princeton's business school? This explanation of yours is as detailed as my university tutor. Douglas asked.

Zheng Nan smiled: "Of course not, I haven't been abroad since I grew up, and I haven't even gone to college." ”

Zheng Nan didn't lie, even if he had never been abroad in his two lives.

"That's amazing, these ideas of yours, even if they get to Harvard or Princeton's business school, must be a classic MBA lesson plan!" Douglas exclaimed.

Zheng Nan smiled noncommittally, just kidding, just this set of collective share pool play, that is how many entrepreneurs in later generations have racked their brains for more than ten years, even if they only remember a shelf, there is no way to refine, but in this era, it is still a dimensionality reduction blow, even for Douglas.

Douglas then hoped to move the package to Bleyelon's headquarters as well.

Zheng Nan said that it didn't matter, but Zheng Nan also reminded Blayren that this set of collective share pools is good to play, but not every company can play it.

Startups like theirs, who have to come up with a lot of shares in order to balance power, can play with collective share pools.

But not for companies that are already mature, because no one is willing to give their shares to executives, even if it is better for the company.

Douglas's face froze before he remembered this.

Zheng Nan then looked at Zhuang Wei, Liang Ziyun and other factory cadres and asked them what they thought of the collective share pool.

"It's fantastic, we don't have any opinions!" Zhuang Wei said.

Liang Ziyun, the deputy director of the factory, and others also have no opinion, for them, this share was originally Zheng Nan and Douglas, and now they take the initiative to take out the shares and distribute them to all the cadres in the factory, which is already very interesting, how can they still be greedy and insufficient?

"This share is originally yours, if we can still dispose of it at will, then we are sorry for you." Zhuang Wei said.

Finally, there is the last 20% of the shares of Sunshine Glasses, Zheng Nan told Douglas: "Sunshine Glasses are all debt-to-equity swaps, so now these shares are nominally collective shares, but they should actually be in my hands, Mr. Douglas, you can find a good buyer as soon as possible, but in the end it is still up to me to decide whether to sell or not, and the money is also directly given to me." ”

Douglas was very upset about this, but he couldn't help it, knowing that this was already the best outcome.