Fight to the third generation

But there were no fenders in this car, and the driver could hear their conversation, and simply swallowed the nasty words back.

Chapter 284 Is It So Difficult To Believe Me Once?

It has been a few months since Su Yehao heard that Meidi Group was financing to set foot in the home appliance manufacturing industry in the Mainland.

It has not been negotiated until now, and there are all kinds of troubles involved behind it.

After a thorough study, there are three aspects in total.

One is the placement of employees.

The second is the division of management rights after financing.

The third is the conflict within the group.

One and two are easy to resolve, the former spends money to settle, and the latter follows the rules of the market economy, whoever has the most say will make the decision, and the shareholders will negotiate to resolve it.

Since the problem is already serious, the higher-ups chose to help Four Seas International and introduce a more advanced management development model. As long as the company is seriously done well, the two sides will have the right to speak together in the future, and basically there will be no major problems.

After all, Papa Su also has confidence. He can organize dinners every day when he goes to the north, which has nothing to do with the word "soft persimmon".

As for the troubles within the group, the main reason is that the management is relatively chaotic.

Moreover, whoever eats meat and who drinks soup affects everyone's nerves in all aspects.

Doing business is much more difficult than investing. Four Seas International belongs to Cheng Yaojin, who suddenly broke out, and suddenly took up 43% of the shares. This completely broke the original situation, and it will definitely take some time to readjust.

Su Yehao's plan is to spend three months stabilizing, and strive to achieve a breakthrough in performance in the second half of the year, so as to thoroughly sort out the company and bring it back on the right track.

Compared with Pengcheng, where new buildings are blooming everywhere, the urban area of ​​Fochuan looks a bit old.

Don't rush to check in at the hotel, first take Nong Qingying with you, and take the car directly to Meidi Group.

Su Yehao was a little worried about letting her meet his old man, but just now he thought about it, anyway, he will see him sooner or later, so he has been deliberately avoiding it, which will inevitably make Nong Qingying think.

Simply take advantage of other people's absence, contact and meet in advance.

In this matter, apart from his grandfather, Su Yehao believed that his father could also understand him, and at worst he would be taught a few words...

The driver doesn't know the way.

Rolling down the window of the car to pass Huazi to passers-by, asking for directions in Cantonese, and quickly found the headquarters of Meidi.

After parking the car at the entrance of the building, Su Yehao called his father. A few minutes later, a middle-aged woman led them in and climbed the stairs to a meeting room.

A total of [-] or [-] employees are scattered around their temporary desks, busy with something.

And Father Su, who was standing by the window on the phone at the moment, saw the beautiful girl next to his son, his wrist trembled, and he almost threw the phone away.

Last year, I met Nong Qingying at the Sihai International Golf Club, which made Father Su deeply saddened to death.

The impression is too deep to forget.

So when Su Yehao helped to introduce Nong Qingying, the old man just said "hmm", deliberately pretending to be the first time meeting, without saying anything.

At this moment.

Father Su changed the subject and asked, "Why did you come here? Are you still in school?"

"Inspecting my own business, I stopped by to have a look. This building is a bit old, and I will make money in the future. Remember to take advantage of the low price to buy new land and build a few tall buildings."

"Nonsense, now that the company is short of money, is it possible that I raised two billion yuan just to build a building?"

Father Su ignored the word "future" and continued, "It just so happens that you came here. I'm going to have dinner tonight, so I'll stop the drink for me. People here drink too much, and my stomach still hurts. "

The corners of the mouth twitched.

Su Yehao said with emotion: "It's really your own. You came all the way here and asked me to drink for you."

"Young people recover quickly. Even if you were stopped before, why didn't you run to the bar every three days? Since you like to drink, why not use your skills where you should use them."

After listening to his father, Su Yehao asked: "The contract is signed, what are you busy with now?"

"There are a lot of things. I talked to the management one by one yesterday, and then I will rearrange the work. Most of these are people from McKinsey Consulting. I handed over all the work to them, and it cost me 2000 million Hong Kong dollars. When the time comes, the department will be split again. After sorting out a new framework, the management will also be replaced by a professional manager system. If you don’t change your blood now, it will be difficult in a while. I guess I have been scolded behind my back a lot recently.”

Papa Su has been doing business for so many years and has a lot of experience.

A lot of preparatory work has already started before signing the contract, and solutions have been sorted out one by one for the problems found in the investigation, and they are now in an orderly manner.

The reason why McKinsey Consulting is so famous that Papa Su is willing to spend 2000 million Hong Kong dollars to hire them is because this company is very good at bringing companies back to life, and has great expertise in mergers and reorganizations, organizational structures, marketing and manufacturing, and corporate finance. Advantage.

The 20 billion financing funds have been taken out, and it is nothing to spend the extra 2000 million Hong Kong dollars.

Su Yehao also thought it was worth it.

The name of a person, the shadow of a tree, I used to see McKinsey publish a certain report from the news, and even outsiders have heard of it, which is enough to explain its status.

In fact, it is troublesome and time-consuming to assist a company of the size of the Meidi Group to reorganize. The elite team composed of more than 40 people drawn from Hong Kong City, Singapore, and Japan has been busy for nearly four months. It's not done yet.

If it weren't for McKinsey, hoping to use it as a case to expand its influence in the mainland, the fee would be even higher, which is now a discount.

Hiring a professional team to help sort out the organizational structure is obviously much easier than Su Yehao's usual figuring out by himself. The old man had never mentioned the decision to cooperate with McKinsey Consulting before, and he was worried that the climate would not be acclimatized after the financing.

Looking at it now, Jiang is still old and spicy. It is undoubtedly much easier than doing it yourself by directly leaving all the work that is easy to offend to the McKinsey team.

Nothing wrong with it except it costs a lot.

At this time, Su Yehao said to his father: "When you are looking for a professional manager, arrange a leisurely position for me?"

"You? What do you want to do, just show your fists and embroider your legs, I'm afraid you will be beaten to death." Father Su said carelessly, smoking a cigar.

Shaking his head, Su Yehao told: "In addition, a new department is established. I will find the people myself. Seven or eight people should be enough. I will take care of some idle funds and invest in other projects abroad. Give me [-] million to try first. If you don’t earn any money, I will pay you out of my own pocket.”

Father Su looked helpless and said with a smile: "You have so much money yourself, it's not enough for you to toss about? Why are you staring at this company?"

"I have an idea, I definitely won't cheat my family, but if the expected goal is exceeded, it is best to allocate a certain amount of money from the profit every quarter, and I will be responsible for managing it. The money earned belongs to the company, and I Work in vain, and don’t even charge a handling fee.”

Before the Spring Festival, Su Yehao planned to use the company's idle funds to find opportunities to overtake on curves.

To achieve this, getting Dad's support is the key.

After hesitating for a moment, Father Su told: "Our family has just arrived, and the short-term performance is very important. If you lose money, it will be very difficult for me."

"So I said, I can pay for it out of my own pocket, even if I sign a contract. Is it so difficult to believe me once? If I had listened to me and bought Yahoo stocks, the total assets of Cosmopolitan would have exceeded [-] billion."

Su Yehao was full of resentment, and the old man was too stubborn. In order to help his family make a long-term plan, he had spent a lot of time thinking.

I saw my son say so.

Papa Su thought it would be good to give him some opportunities to exercise, so he agreed.

Immediately discussed with the people of McKinsey, adjusted the original plan and added an independent investment department.

……

Chapter 285 Old Versailles

There is only one child in the family, Su Yehao, so what if he is not used to it?

For this reason, Papa Su held an impromptu meeting.

Recently, there are meetings every day, and the executives of the Meidi Group have gradually gotten used to it.

Before, they were still thinking about fighting for their own interests, but with the official signing of the financing agreement, most of them now just want to protect themselves.

The decision to reorganize and lay off employees has basically been made public. Except for a few executive directors who hold equity in their hands, the other middle and senior management personnel are all panicked, for fear of being caught by the tail and packed away during this round of financing restructuring. people.

And there is news that after the reorganization, there will be a salary increase, and there is even a chance to get the so-called "option reward".

Although most people don't know what option rewards mean at all, but knowing that they have the opportunity to take shares and become shareholders is enough to mobilize some people's enthusiasm.

The lower-level employees have also heard about wage increases, and some people have been promoting the benefits of foreign-funded enterprises all day long, such as extra money for overtime work, annual paid vacations, and more pension contributions.

Sweet dates and sticks, the same old routine, but always so practical.

This time it was called financing, but the method adopted was to register a new company and use the newly registered "Meidi Investment Management Company" to acquire all the previous assets, taking the opportunity to get rid of the confusion of property rights that had plagued the Meidi Group for many years.

Including Cosmopolitan International, a group of original shareholders and executives borrowed from banks to obtain shares in this round of restructuring. In terms of economics, this move is called "MBO (management buyout)".

The Su family is not the only one who has benefited.

Therefore, the recent reorganization seems to be a mess. In fact, some shareholders who are in the core management have helped in the financing process, and recently they are also busy solving old diseases within the company.

The company's development is not good, and everyone can't make money, so some people choose to team up with Su Daddy, intending to regard this financing as a new starting point.

When Su Yehao followed his father leisurely to the meeting room, there were more than ten people sitting at the table.

His old man smiled happily and introduced:

"My son, Su Yehao, today's meeting is held for him. In order to avoid people saying that I'm cheating, it's better to hold a meeting to talk to you first. To put it simply, he wants to bet against you and sign an investment The management contract is to use part of the idle funds on the company's books to manage money and continue to make money."

Before others could react, Father Su continued to laugh and said, "Oh, you may not know my son, he secretly mortgaged the house I gave him last year and made more than one billion Hong Kong dollars."

Looking at his father, Su Yehao felt that he had learned something again.

With just a few words, the group of people present were shocked first. Although some were self-proclaimed and took the opportunity to "show off their son", the effect was quite good.

After the reorganization, He Jianye, the third shareholder of the Meidi Group, was surprised when he heard the words: "How much? I made a billion yuan in half a year. Isn't that several times higher than our company's profit? How old is your young master, and he is so powerful? "

The cultural atmosphere is similar with minor differences.

He Jianye knew that praising Lao Tzu was not as good as praising his son.

Of course, including He Jianye, a group of people were indeed stunned. Some executives earn tens of millions of dollars a year, which is already a little bit of a glimpse of the small mountains. Knowing that Su Yehao earned more than one billion yuan in half a year , jaw almost dropped.

They know that casinos and Hong Kong cities have high incomes, but the billion-level income is really unbelievable.

I knew that my father was a master of Versailles, and Su Yehao was not bad. It was a rare opportunity to show his face again. He smiled shyly and replied calmly: "19 years old, a first-year student at the University of Hong Kong, it actually took more than half a year to earn it. It's just good luck." .”

"..."

"..."

As soon as these words came out, everyone was silent, thinking about what they were doing when they were 19 years old.

While envious, he didn't forget that Su Yehao has good parents, which is a bit reasonable... maybe.

next to.

Father Su smiled happily, and continued:

"I only have such a son. He has been restless since he was a child. He earned money and went to Lujiazui, Shanghai to buy land. He planned to build skyscrapers. He also used the Internet. He has a bright mind. To tell you the truth, I went to Pengcheng to buy more than 4000 land. Mu of land, he also helped to make suggestions, part of the funds on the company's books will be idle in the short term, I think it's better to let him try, so I plan to set up an investment department alone."

After hearing this sentence, many executives present looked at each other in blank dismay, and no one was in a hurry to express their opinion.

Lao Tzu favors his son, which has been the case for thousands of years.

But the company hadn't finished reorganizing yet. Seeing that Papa Su couldn't wait to push Su Yehao out, some people present couldn't help feeling that he looked ugly. They were just thinking about it in their hearts, and no one dared to show it.

There are also people who don't believe that a 19-year-old boy can earn so much money, and conclude that there must be tricks in it, which is forced to put money on his face.

Since making a fortune on his own, Su Yehao has indeed kept a low profile.

Information exchange is not smooth in this day and age, and he is too low-key. Even Papa Su is not known by many people, and he has only gradually become known recently.

Some people feel that the matter has nothing to do with them, and sit and watch the excitement.

After the financing reorganization, the major shareholder is Cosmopolitan International, the second shareholder is the official, and the third shareholder He Jianye owns 14.5% of the shares.

When it comes to the use of the company's funds, He Jianye is inevitably very concerned. He was a little nervous, but with a smile on his face, he asked, "Boss Su, what you mean by the VAM agreement..."

Su Yehao just sat down and looked at his old man when he heard the words.

Like He Jianye, he didn't know exactly what he was betting on. Just now he clearly only talked about the bottom line and didn't mention the bet.

Father Su smiled cheerfully and said, "My son manages a sum of money for the company. If the investment fails after the time is up, he will make up the shortfall with his own pocket to ensure that the company will not lose money. However, if the profit exceeds... 25%, The extra money is converted into company stock, and he decides what to do with it."

It is inconvenient to issue new shares, but it can be repurchased from the secondary market with the profit.

The reason why it is said to be converted into stocks is mainly because I am afraid that it will be unpleasant to spread the money.

Regarding Su Yehao's ability to invest, his father still recognized it, otherwise he would not have worried that he would suffer a loss, so he would make a proposal to propose a VAM agreement.

Su Yehao instantly guessed what his father was thinking.

He can't laugh or cry at this, his original intention is to earn more money for the company, which can be used for external acquisitions and independent research and development, so as to shorten the development time of Meidi Group.

Being done by the old man like this, in the end, it is likely to fatten him up, but the company's profit growth is limited.

He Jianye tapped the table with his fingers, and asked again: "Mr. Su, I don't know how long the investment cycle you mentioned is?"

"One year." Su Yehao hurriedly replied.

"That is to say, the company entrusts you with the management of the money. If it loses money within a year, you can make up for it yourself. If it makes a profit of more than 25% within a year, it will be converted into stocks and given to you?" He Jianye asked again. Clear is better.