Chapter 529 Coercion and Profit Inducement of Equity
After Dai Xue led the working group of the personnel department of the group company to the city daily chemical company, it took more than two weeks to conduct a thorough investigation of the current situation of the company's human resources.
After the results of the investigation came out, she first had a preliminary consultation and discussion with Zheng Qunying and Lang Yiqi, and then the three of them came to the group company to report to Geng Wenyang.
According to the survey, the company currently has 1,067 employees, including 658 first-line production workers, and the rest are second- and third-line management and logistics personnel.
After reading the report, Geng Wenyang said: "The number of second- and third-line workers is almost half, how can this work? The reduction of staff and efficiency increase in your factory must start with the second and third line personnel!"
Zheng Qunying hesitated: "Mr. Geng, if we streamline the second- and third-line employees, there will be a problem that is difficult to solve."
"Problem?" Geng Wen raised his eyebrows and said, "What kind of problem?"
"When our factory carried out the shareholding system, most of the employee shares accounting for 30% of the total shares were purchased by second- and third-line personnel." Zheng Qunying was puzzled: "If we streamline them now, I'm afraid people won't want to."
"What shall I do? It's easy to do!" Geng Wenyang smiled indifferently and said, "I am planning to introduce Xingzhou Investment to change the company into a Sino-Star joint venture, which can mobilize employees to sell their equity to Xingzhou investors, and I think the price they give should be more appropriate."
Mobilize workers to sell their shares? Zheng Qunying and Lang Yiqi glanced at each other and said, "This ...... The staff may not want to."
Geng Wenyang glanced at the two of them and said, "We are not forced to buy and sell, what are you afraid of?"
He smiled slightly, "I heard that the total number of your employee shares at that time was only three million yuan, isn't that true?"
When the Baicheng Daily Chemicals Factory was restructured into a joint-stock daily chemical company, the total share capital was set at 10 million yuan, of which 30 percent of the shares purchased by the employees were personally invested, that is, 3 million yuan.
Geng Wenyang asked again, "Lao Zheng, how much did you buy at that time?"
Zheng Qunying said embarrassedly, "I...... I bought 800,000!"
The $800,000 stake accounts for nearly 10% of the total shares, and Cheng Kwan Ying is the largest individual shareholder other than the corporate shares. As the director of the factory at the time, he spent a lot of money to buy shares, and it is difficult to say that he had no other ideas.
"Old man, how much did you buy?" Geng Wenyang asked again at Lang Yiqi.
Lang Yiqi said briskly: "I bought less, only 500,000!"
800,000 plus 500,000 is 1.3 million, or about 43 percent of the total number of employee shares. The first and second leaders of the enterprise bought nearly half of the shares of the workers, which shows that they also had some ideas at that time.
There is a saying that shoots a man first and shoots a horse, and a thief captures the king first. If you want to mobilize the employees to hand over the equity in their hands, you must open a breakthrough from the two people in front of you.
Geng Wenyang said, "Lao Zheng, if the investors in Xingzhou buy your shares, how much money are you going to cost?"
"Huh!?" Zheng Qunying was stunned and said, "I'...... I don't have the idea of transferring the shares yet."
Geng Wenyang smiled and said, "I didn't discuss it with you without me. If you have, what else are we going to discuss?"
"This ......" Zheng Qunying's face was uncertain, and he pondered for a while before he said, "Mr. Geng, I really don't want to sell this little bit of my own shares, so don't embarrass me."
Geng Wenyang disagreed: "After our company is changed to a Sinostar joint venture, there will be a large discount in taxes. As the first person in charge of the company, you shouldn't have objections to such a good thing, right?"
Zheng Qunying scolded in his heart: "Why don't you sell your shares? Got my idea instead? Don't you want to kick me out of the way and make the whole company your world?"
Geng Wenyang saw that he was silent, and then said, "If the daily chemical company wants to survive and develop in the next step, it is inseparable from the financial and technical support of Xingzhou. If we still cling to the old stall and are unwilling to let go, I think there is a high probability that the company will not last for a few years and will be liquidated and bankrupt. When that happens, your shares will be a blank slate."
Zheng Qunying knew it
What Wen Yang said was not to scare them, and his mind couldn't help but loosen a little. Lang Yiqi said, "Mr. Geng, what price can Xingzhou offer?"
Zheng Qunying didn't expect Lang Yiqi to suddenly ask about the price, and couldn't help but be surprised: "Old Lang, ...... you?"
Lang Yiqi can understand better than Zheng Qunying. Although the two of them are the first and second leaders of the daily chemical company, and they are still the heroes who helped Geng Wenyang contact the acquisition of the company, once the son of heaven and the courtier, once the acquisition of the company is completed, the two of them, as outsiders, will most likely stand aside.
At the beginning, the two of them raised a huge amount of money to buy the company's shares in order to encompass all the employees and get rid of the control of a light bureau and go it alone. Now after being acquired by Binhai Wenyang Holding Group Company, his dream of going it alone has been completely shattered. And the hundreds of thousands of shares he holds in his hands have become insignificant, so it is better to find a suitable opportunity to realize it.
Therefore, when he heard that the investors in Xingzhou wanted to buy the employee shares in their hands, Lang Yiqi immediately became active.
As long as you are willing to ask the price, there will be talks. Geng Wenyang grinned and said, "Old man, how much are you going to want?"
Lang Yiqi thought for a while and said, "When I bought it, I spent 500,000 yuan, and most of it was borrowed from other people's money, and I lost a lot of favors and interest. If you want me to sell it......
He hesitated for a while, gritted his teeth, raised a finger and said, "The 500,000 shares in my hand are priced at a fixed price, one million yuan!"
The asking price of 1 million is equivalent to doubling the 500,000 yuan he invested at that time. One hundred percent of the income is already a windfall for Lang Yiqi.
He was waiting for Geng Wenyang to make a counteroffer, but he heard him say categorically, "Okay! A million is a million! I'll ask for your shares for Xingzhou!"
Zheng Qunying saw that Lang Yiqi sold his 500,000 shares for 1 million in cash, and couldn't help but be moved: "In the blink of an eye, Lao Lang made 500,000 yuan for nothing. If I sell my shares, won't I be able to make 800,000 yuan?"
Geng Wenyang saw that his eyes were flashing, and he knew that he was moved, and said with a faint smile: "Lao Zheng, your shares are also doubled, do you think it's okay?"
As the old saying goes: those who know the times are the heroes. Under Geng Wenyang's coercion and temptation, Zheng Qunying had no choice but to agree: "Okay, I'll transfer the shares to the investors in Xingzhou."
Seeing that he finally nodded, Geng Wenyang was overjoyed and said, "That's great! In this case, the shares of the other employees will be bought at double the price, and the two of you will do their work."
"Okay." So far, Zheng Qunying and Lang Yiqi have no other choice but to agree.
Geng Wenyang then said: "Now that the equity problem has been solved, the plan to streamline personnel must be unswervingly implemented! The goal this time is to reduce the number of second- and third-tier workers by more than half."
Zheng Qunying and Lang Yiqi secretly said to themselves: "The easiest thing in the factory is the second and third lines, and they take more money than the front-line workers. If you don't get tired of work, you can get more money, how can these second- and third-line uncles be easily laid off? I'm afraid that this downsizing of personnel will cause quite a stir!"