Tao Liangchen
Chapter 286 Senior Vice President
The terms were too good to be true, making everyone feel like there must be a catch.
Covering the bottom line out of his own pocket, only paying remuneration if the profit exceeded 30%, and even if the investment failed, the minimum return was equal to bank deposit interest. After much thought, the group couldn't find any problems.
After repeatedly considering, the third shareholder, He Jianye, subconsciously thought that Su Yehao might be short of money and wanted to borrow money from the Mide Group account as a "bridge loan."
But after further consideration, it seemed unlikely.
How much money was in Mide Group's account?
Besides, it was the capital that Sihai International had just invested. If there really was a shortage of funds, it wasn't as if the Su family couldn't come up with it.
Thinking differently, He Jianye, now the company's general manager, vaguely thought he had guessed the truth. He felt that it was mostly to promote Su Yehao, wanting him to show off in advance, display his abilities, and then take the opportunity to shock others and win the support of more shareholders.
Paving the way before taking action, an old tradition.
Since being demoted from the second largest shareholder to the third, He Jianye had been worried about his position being taken away, so it wasn't surprising that he would think this way.
However.
That wasn't the case at all. Su Yehao really just wanted to take the opportunity to make more money for his family and manage the Mide Group well.
As for the position of company general manager, even if it were offered to Su Yehao, with his temper, he would probably be too lazy to take it, unless he could just collect his salary without working, passing off the company's affairs to his subordinates.
There were no traps in the whole thing, so the group of senior executives present naturally couldn't find any faults.
On the other side.
Old Su's eyes twitched. Even as Su Yehao's father, he felt that his son was too arrogant, simply boundless in his hubris.
Covering the bottom line was already risky enough, not to mention paying interest at the bank rate. Furthermore, Su Yehao had taken the liberty of raising the profit line to 30%. In Old Su's view, the risk and reward were not proportional at all, simply a typical case of thankless effort.
Thinking of this, Old Su sighed.
He believed that Su Yehao had been too successful since starting his business, never suffering losses or being beaten down, so it was inevitable that he would be arrogant.
Thinking that it would be good for his son to suffer a little loss, even if it cost money to buy a lesson, it would be worthwhile. Therefore, the father had a smile on his face at the moment, and said nothing...
As the original backbone of the company, He Jianye looked at the people around him at this time, and said unhurriedly:
"The conditions are so good, I can't find a reason to object. The specific details can be discussed further. Young Master Su is so outstanding at such a young age, it's good to use some idle funds to train him, but the company is currently most short of money. I wonder how much money are you planning to use?"
Su Yehao held up two fingers and smiled:
"Just 200 million RMB. I just happen to have a few good projects on hand, and the earlier I invest, the earlier I'll profit. I know I don't have the qualifications, and you don't have confidence in me, so why not try it for a year or two? If I don't do well by then, I'll pay interest on the losses and take the initiative to resign, but before the contract expires, it's best not to interfere with my investment decisions."
With the words spoken to this point, even if they didn't care about Su Yehao's face, they had to consider what Old Su would think.
In the current situation, it was uncertain whether the third shareholder, He Jianye, would even have a say in the future, let alone anyone else taking the initiative to jump out.
Everyone present was shrewd.
Before, when wrestling with the "second largest shareholder," the management had just gained a slight advantage, and then the funds from Casino's Sihai International were introduced, directly overturning the table and reshuffling, obviously no longer satisfied with the status quo of excessive internal friction.
Now, if Old Su fired them, the "second largest shareholder" would only gloat and applaud, and would almost certainly not help to mediate.
Anyone with eyes could see that the Su family would have the final say in this company in the future, so they were busy currying favor and wouldn't possibly slap Su Yehao in the face.
As for some people present thinking that Su Yehao was arrogant and conceited... well, he really had the confidence to be arrogant.
Not to mention his parents, just the fact that he had earned more than a billion in half a year was enough to amaze people.
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Nong Qingying didn't go to the meeting, but sat in Old Su's office, drinking coffee and reading a magazine.
When she saw Su Yehao coming back, she looked up and asked, "How did the meeting go? Did they agree to let you manage the money?"
"The conditions are heavenly, how could they not agree? If I copy this wealth management model, I estimate I can attract hundreds of billions... of US dollars from all over the world!"
Su Yehao sat down, stretched his waist, and briefly mentioned the details of the cooperation.
After hearing this, Nong Qingying immediately believed that he could really get hundreds of billions of US dollars. Not only was the principal guaranteed with interest, but there were no commissions or management fees. The commission was only taken after a 30% profit in a year. Such a "self-abusive" wealth management product couldn't be found anywhere else in the world.
But well, if you really want to get so much money, you have to prove that you have the ability to afford the losses first.
Therefore, the so-called "attracting hundreds of billions of US dollars" was just a joke. Su Yehao didn't think about making money for others. It wasn't that he couldn't do it, but that he felt it was troublesome and unnecessary.
Finding the person in charge of McKinsey Consulting, saying hello to his father, and getting the planning proposal report for the next period.
According to the advice of McKinsey Consulting, the Mide Group would learn from the model commonly used by Japanese companies in the future, dividing the Mide Group into multiple business units. The business unit organizational structure was suitable for large-scale enterprises with a wide variety of products and complex technologies.
The advantages and disadvantages had been listed one by one in the report, and Su Yehao read it carefully.
The thick report, as many as one hundred and eighty pages, was equivalent to splitting refrigerators, washing machines, air conditioners, etc. all separately, each with its own production, research and development, and sales departments. While decentralized, they also cooperated, all under the unified scheduling of the parent company. Personnel and contacts had also been basically determined, and were currently confidential and had not been announced to the public.
After the division was completed, salary and benefits would be adjusted according to performance, and there could be healthy competition between departments, making management simple and efficient.
After spending half an hour browsing through it, Su Yehao found that it was indeed the model he wanted.
Taking advantage of the presence of professional talent, he also asked about tAt network company. At first, the people from McKinsey thought they could get another business deal, and were very interested, talking to him seriously.
But after hearing Su Yehao introduce the company's size, the other party was silent, only saying that there was no need to bother for the time being, and a few capable people could manage it well.
Although they were polite.
But from the other party's attitude, Su Yehao could tell.
The meaning was probably similar to "even my grandma could handle it well."
This made Su Yehao a little unconvinced. With several projects combined, there were at least two hundred people, so what was wrong with planning ahead...
Old Su found a lawyer and discussed with several senior executives to quickly draft a resolution to establish an investment department directly under the management of the parent company's board of directors.
The investment manager was then appointed as "Senior Vice President" with an annual salary of 880,000 RMB, plus taxes.
This time, Mide Group directly took advantage of the restructuring opportunity to prepare to delist its already listed subsidiary from the A-share market and list on the Hong Kong Stock Exchange as a whole at an opportune time. The news was not to be disclosed to the public for the time being.
Worried that his son would lose face.
So Old Su privately suggested to the senior executives to keep the gambling agreement secret first.
However, there were many people in a large company, how could such a big thing be kept secret?
In the following days, the vast majority of people at headquarters heard the news that the Su family's young master was about to parachute in as vice president.
When they heard that Su Yehao was only nineteen years old, they were all envious, jealous, and hateful, and felt that it was simply nonsense.