The rise of Hong Kong's wealthy families
Chapter 45 Beating
Standard Chartered Bank acted very quickly. In less than a week, it acquired 12% of the shares from small shareholders at a cost of 1.35 million. It now owns 46% of the shares of Millennium Construction Company, becoming the largest shareholder.
He Jiahao has read Millennium Construction's financial statements, project schedules and other company information. He found that Millennium Construction's brain drain is serious, its industry recognition is declining, and it only accepts small projects and loses money.
The professional managers recruited by Standard Chartered Bank did not solve the company's problems well, but only slowed down the company's bankruptcy to a certain extent.
At this time, Long Jun was driving, while He Jiahao and Huo Jianning were sitting in the back seat, discussing something.
"The problems of Millennium Construction are not small. I plan to keep the talented ones and fire those who are not capable." He Jiahao wants to use tough measures to directly get Millennium Construction back on track.
"Boss, you can recruit talents and spend a lot of money to poach them, but recognition in the industry can only come step by step. If the boss wants Millennium Construction to become a Manulife construction company, then industry recognition is not important." Huo Jianning was embarrassed. He said that he wanted to know the boss's final intentions so that he could do things well.
He Jiahao sighed, "Work on the Manulife project first. If you have other good projects, you can also do it. You can't do a loss-making business. This will help re-establish the image of Millennium Construction. Do you still have the energy to manage Millennium Construction?"
"Boss, aren't you planning to acquire Qingzhou Ying Cement Company? I've been busy with this recently, and I'm a layman in construction matters. I'm afraid I don't have much time to manage." Huo Jianning was very happy that the boss actually asked him to become an executive of Millennium Construction.
"Well, let's go to the field to understand the situation first." He Jiahao was very pleased that Huo Jianning was not greedy for power. In his opinion, Huo Jianning was very suitable for finance and investment jobs.
When he arrived at Millennium Construction Company, He Jiahao directly held a management meeting.
Wearing a black suit, a blue tie, and some acne marks on his face, the burly man handed a report to He Jiahao and said seriously, "He Sheng, this is the introduction of the company's management."
The employees opposite had different expressions, and most of them showed contempt. The teenage guy actually bought the company, and he was just here to have fun. His family must be very rich.
"I won't read the introduction. Are you Ma Fangyu, the professional manager hired by Standard Chartered Bank?" He Jiahao had a smile on his lips and looked directly at General Manager Ma Fangyu.
"Yes. I have been at Millennium Construction for three years." Ma Fangyu said respectfully. He had checked some information about He Sheng in advance and found that this man started from scratch. He had a real estate company listed on the market in just half a year. company, obviously we cannot look down upon the boss in front of us just because of his young age.
"Then why has the bleak construction business situation for thousands of years not changed at all? Is it because you, a professional manager, are not capable enough?" He Jiahao suddenly became stern. Although his tone was calm, his words were sharp.
Ma Fangyu smiled awkwardly. His boss was very dissatisfied with him and made it difficult for him to step down in public. "He Sheng, then I'll resign, but I've done my best on the Thousand-Year Construction project."
"As a professional agent, you have been running Millennium Construction for three years. If you leave like this, it will probably have a great impact on your career. Don't you think about it anymore?" He Jiahao glanced at the dozen managers on both sides. "I'm only nineteen years old. Some people may think that the boss can be deceived or bullied, but what I want to tell you is that I already own 46% of the shares of Millennium Construction. That means I have the final say on Millennium Construction. The principle of doing things is very simple: those who are capable stay, and those who are not capable leave."
"He Sheng, I think what you said is wrong. The company has reached this point and it is not our responsibility. No one is willing to give us projects, so what can we do?" A middle-aged man with an oval face and a big mouth stood up and twisted. Coyly absolving responsibility.
"Who else has the same idea as him?" He Jiahao said calmly.
As soon as he finished speaking, five male and female managers agreed with the middle-aged man's statement.
Huo Jianning looked on and noticed everyone's expressions.
He Jiahao did not deal with these six people immediately. Instead, he turned to look at Ma Fangyu, who was on the right hand, and asked, "How does General Manager Fang think this matter should be handled?"
Ma Fangyu did not answer the question immediately. He lowered his head and thought for a minute before he understood what He Jiahao meant. He then made up his mind and said, "Fire them all and recruit new people."
Hearing this, the six people panicked and looked at Ma Fangyu resentfully.
"How to solve the company's dilemma?" He Jiahao continued to ask the question.
Ma Fangyu's eyes suddenly lit up. This meant that he wanted to stay. After calming down, he said, "Fire some management who are not on the right side of the company, recruit new people, high-tech dig construction talents, enrich the company's technical department, and at the same time need He Sheng injected capital to re-establish the market's recognition and popularity of the company. I have learned about He Sheng's other companies and hope that Millennium Construction can undertake Manulife's real estate construction projects."
"How long will it take to make a profit?" He Jiahao asked expressionlessly.
"One year."
"Okay, then you will continue to serve as the general manager of the company. The personnel transfer issues for those in charge and above need to be discussed with the newly appointed executive director, Mr. Huo Jianning. It is up to you to handle the other employees. As for the six people just now, all of them will be fired. At the same time, Investigate whether they committed any violations while on the job? If so, immediately hold them accountable to the court."
He Jiahao did not allow anyone to challenge his authority, otherwise who would dare to trust him as the boss, so from the moment those six people started to refute, their fate was sealed.
Ma Fangyu was overjoyed. His power was finally enhanced. In fact, he had already contacted Huo Jianning a few days ago and knew that Huo Jianning was not a difficult person to get along with. Moreover, Huo Jianning was also responsible for three companies: Manulife, Yunzhimeng, and Huamei Real Estate. The management of the company should not stay in the Millennium Building for too long, and he can finally show off his talents.
He was previously an employee of Standard Chartered Bank and did not have much power. He was only responsible for daily management and required instructions for everything else, so he did not change the condition of the Millennium Building.
The six people's faces were ashen. They thought that He Jiahao would not make a big move when he arrived, so they stood up and wanted to keep the power in their hands. But now they know that it is useless to plead and plead, so they can only accept it.
After the meeting, He Jiahao brought Huo Jianning, Ma Fangyu and deputy general managers Wang Guodong and Yu Xin to the chairman's office.
"Everyone, take a seat."
He Jiahao waved for everyone to sit down.
After a while, the female secretary Liang Shan brought the coffee and closed the door when she went out.
"Let me be more direct. My plan for Millennium Architecture is to achieve success in the construction of residential, industrial and commercial buildings, because my subsidiary Manulife will continue to invest in land and buildings, and the funds will become larger and larger. I don't want to Share this cake with others, but if Millennium Construction cannot meet my requirements, then I will sell the company and spend a lot of money to acquire a construction company that can meet my requirements. At that time, your future will be more or less uncertain. It may have some influence.”
He Jiahao took a sip of coffee and felt that it was really bitter without adding sugar. "In the future, Millennium Construction will be listed on the market, and you will all be old ministers. As a boss, I will naturally not treat you badly. Before going public, the company will give out 10 % of profits, the management will share 5% of it, and ordinary employees will share the remaining 5%. After the listing, you will get some original shares and become board members. I dare not say that you are a billionaire, but you will definitely be worth tens of millions. , and it all depends on you.”
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