Reborn as a tycoon in Hong Kong

On Thursday morning, Lin Baicheng held a board meeting at Hutchison Whampoa.

There have been major changes in the people participating in the board of directors this time. Bob, director Jardine Matheson, and director Qi Dezun family all no longer have shares in Hutchison Whampoa, so they will no longer come. Richard Richard and Chen Xinghan resigned voluntarily. They also knew that the title of director would be revoked, so they simply did not come.

When Richard Richard and Chen Xinghan resigned from Hutchison Whampoa, they also took some staff with them. Fortunately, the number was not large, so it only affected the operation of Hutchison Whampoa in the first few days. Later staff were promoted and replaced. Once you are in the corresponding position, there will be no impact.

The five directors did not come, so the original four directors, Lin Baicheng, Wei Li, Xia Boyin and Wei Peter, naturally came. In addition to them, Lin Baicheng also called Cheng Yufeng and Yuan Tianfan.

Facing Lin Baicheng's invitation, Yuan Tianfan responded to Lin Baicheng two days later, accepting the invitation and willing to become an honorary director of Hutchison Whampoa.

Lin Baicheng first kicked five directors, including Richard Lee and Chen Xinghan, from the board of directors, and then talked about other things.

"Today I am here to formally reorganize Hutchison Whampoa's board of directors. The total number of directors is still nine. Among them, the management has four director seats, and I have one. Then I will hire two honorary directors from outside, and the remaining two will be It is reserved for other major shareholders with larger shareholdings. As for who it will be given to specifically, it will depend on who wants to apply to join the board of directors, and then we will decide whether to let which shareholder come in."

"Honorary directors do not manage any affairs of the company, and cannot explore the company's commercial secrets. They can only provide constructive suggestions for the development of the company and are responsible to all shareholders."

"This is Yuan Tianfan, whom you all know. He will be the first honorary director invited by the company."

Lin Baicheng said aloud that he had actually communicated this with Cheng Yufeng and Wei Li. Xia Boyin and Wei Peter were not very clear about this. They only knew that Lin Baicheng was going to reorganize the board of directors.

Yuan Tianfan stood up and said hello to others: "Hello fellow directors, I will do my best for the development of the company from now on."

"Wei Li, Xia Boyin, and Wei Peter still occupy three of the four management quotas. I am going to let Yu Feng fill the remaining director quota."

Of course, Lin Baicheng must arrange people who truly belong to him on the board of directors. Wei Li, Xia Boyin and Wei Peter are not actually his direct relatives, but as long as they work honestly, Lin Baicheng will not go to great lengths to replace them.

For Lin Baicheng, time is on his side. After all, he holds the largest share of Hutchison Whampoa. As time goes by, Hutchison Whampoa will naturally slowly bear his mark. Some over-aged management personnel will slowly leave, and he can slowly replace them with his own people and make a steady handover.

Lin Baicheng made Cheng Yufeng a director, and Wei Li and the others would naturally not object. This was Lin Baicheng's right. They also knew that Lin Baicheng would definitely promote his people, which was normal.

"Yes, Mr. Lin!"

Cheng Yufeng stood up and responded. Although he had known about this before, he was still a little excited. This is Hutchison Whampoa, one of the largest companies in Hong Kong. Being able to become the director and management of Hutchison Whampoa is definitely a step to the top at his current age.

Lin Baicheng said to Wei Li: "Wei Li, the remaining honorary director, you will discuss who you think would be better to invite to become an honorary director. Remember, the person you invite must be beneficial to the development of the company, and you must start from this point." "

"Mr. Lin, what do you think of inviting retired political leaders?"

Wei Li said: "Although they have retired from politics, they still have connections left behind, and these connections are good for the development of the company."

Lin Baicheng listened and said: "I personally don't mind inviting such people to become honorary directors of the company, but you have to remember that the people we want to invite are those who contribute to the development of the company, not those who are paid to name themselves."

Weili explained: "Mr. Lin can rest assured about this. This situation is actually very common in Western countries. Many large companies will invite retired senior executives from political circles to become honorary directors or consultants of the company, and then use political connections to build bridges for the company. , to help the company develop.”

Lin Baicheng nodded: "Okay, you will screen the specific personnel and let me know when you decide who it is."

"clear!"

Wei Li and others responded.

Lin Baicheng continued: "As for the positions of Richard Richard and Chen Xinghan, I intend to let Xia Boyin and Peter Wei take over the positions of Richard Richard and Chen Xinghan respectively as the company's vice presidents. However, the company's business related to the retail industry will be handed over to Yufeng Management, which is Watsons and several other companies.”

Although Cheng Yufeng was also the company's vice president before, he did not manage specific affairs. This time he will be responsible for Hutchison Whampoa's retail industry and develop Watsons.

Xia Boyin and Wei Peter were very happy when they heard this. They expressed their opinions that they would help Wei Li develop the company well and live up to Lin Baicheng's trust.

As for the original positions of Xia Boyin and Wei Peter, they definitely cannot hold concurrent positions. Lin Baicheng will select the person he is satisfied with from among several candidates who are qualified for the relevant positions. In this way, it can be regarded as the manpower he has placed.

Lin Baicheng had told him about Cheng Yufeng's arrangement, so Cheng Yufeng was not too excited this time, but he knew very well that if he did not develop the company's retail business in the next few years, he would definitely Will be labeled as 'inadequate'.

Lin Baicheng said aloud: "Weili, after all 17 million shares are sold, the funds recovered will mainly be used to develop real estate and retail industries. Other import and export trade, warehouses, docks and other businesses, your management will discuss What should we do better? Just remember to give priority to the development of real estate, retail and their related industries.”

Wei Li responded: "Don't worry, Mr. Lin, we will make a good plan."

"Although the remaining 10 million shares will not all be awarded at the end of the year, but you will be given certain incentives based on your contribution, the future of the company is obvious to all, so you must do your best."

Lin Baicheng drew the cake and asked Wei Li and the others to work hard, but the cake was only visible and edible.

Wei Li and the others still do this. After all, it is related to their ability to earn more income, and no one will dislike them for earning more.

Afterwards, Weili suggested that the company had made a lot of money from its investment and it was necessary to hold a celebration party and invite people from all walks of life to participate.

Lin Baicheng didn't object after hearing this, and directly asked Wei Li to arrange people to prepare, and he would attend when the time comes.

This board meeting did not have much impact on Hutchison Whampoa itself. It mainly strengthened Lin Baicheng's control over Hutchison Whampoa.

(Thanks to ‘Rookie Luo Jian’ for the huge reward and support!)