“To accelerate reform, Fengcheng fully liberates its thinking and supports the rapid development of the private economy.” Su Ping Nan put down the newspaper and revealed a slight smile. Fengcheng’s development pace is indeed as it was in the previous life. Jinshui's layout in Fengcheng's Ertai Town had already taken the lead.
1993 was the year for Su Ping Nan's Jinshui Group to lay its foundation. He felt that the time had come to integrate all the resources of his companies.
While Su Ping Nan was preparing for a drastic reform of the group, Li Luo Ran also began his own busy schedule.
Li Rao was stimulated by the fireworks during the New Year. As soon as the New Year was over, she signed her niece up for four classes: dance, yoga, music, and etiquette. Li Luo Ran was a little reluctant, but Li Rao said something that made him obediently go to class.
“Considering his development speed, the occasions you will face in the future will be increasingly high-end. Do you think you should learn these things?”
Li Xian was the logistics director of the Dong District Cinema in Wu City. While he was called director, the cinema only screened a few movies a year. He was practically half-unemployed except for when he was busy for a few days during government-sponsored screenings of patriotic films.
Yesterday, someone contacted him about a chartered screening.
Li Xian was a little puzzled. The government guest house had large enough conference rooms. How many people were there at this conference that they needed to book a 600-person screening room? Upon inquiry, he found out it was Jinshui Company, known as the hottest company in Wu City.
At precisely 9:00, Su Ping Nan appeared in the packed screening room.
The entire venue erupted in applause. Su Ping Nan bowed slightly, acknowledging the greeting.
With a wave of his hands, the hall immediately fell silent. Without any preamble, Su Ping Nan went straight to the point: “Today’s content is something I believe the time is ripe for. The company has already passed the application for capital increase and merger. The Jinshui Group is officially established.”
Everyone in the audience stood up and applauded. Zhang Li Hua, being a woman, was more emotional. Thinking back to her situation last year, she couldn't help but feel a little teary-eyed.
Su Ping Nan raised his hand to signal everyone to quiet down. He smiled and said, “Jinshui Group has registered capital and assets of 80 million yuan. This is the result of everyone working hard together with me. I’m very grateful because I can now confidently say that I am a rich man.”
Everyone burst into laughter. They rarely saw the usually serious Su Ping Nan making self-deprecating jokes, and they were a little surprised.
“It's not right to only talk about hard work but not benefits. Everyone eats grains and vegetables, we are not gods. Those who follow me will prosper. I've said this many times. I will deliver on my promise.”
Su Ping Nan had been thinking about how to allow his loyal followers to enjoy the fruits of the company's growth. Although Zhang Li Hua, Li Ming Yi, and Su Wen Wen were earning absurdly high salaries, he was worried that over time they might lose their fighting spirit, become complacent, or even develop other thoughts.
Su Ping Nan didn't want to show his ruthless side to these people, so he decided to be proactive.
After consulting with several economic experts from universities, he decided on his idea: virtual limited shares. These people could enjoy the company's growth dividends without affecting Su Ping Nan's 100% control.
Virtual shares had no ownership, voting rights, sale, or transfer. Once leaving the company, they would be automatically revoked.
Essentially, Su Ping Nan was a dictator in the Jinshui Group. His personality also dictated that he could only be a dictator.
This plan had been unanimously approved by everyone before the meeting. It not only solved the current salary problem but also addressed the future recruitment of important personnel.
The hall was silent. Su Ping Nan signaled to Du Jiu, who immediately brought up a thick stack of documents and a box.
Su Ping Nan said, “In Xia Kingdom, the most developed place is Hong Kong, which only returned in 1997. There’s a saying I like, ‘If you drive, you drive a Mercedes, and if you wear, you wear a Rolex.’”
As he spoke, he opened the box.
This was a set of eleven Rolex President gold watches that Su Ping Nan had specially asked someone to bring from Hong Kong. Each watch cost 60,000 Hong Kong dollars.
Su Ping Nan’s way of doing things was still full of the *jianghu* style, with a fierce wolf spirit.
“For the equity, Su Ping Nan will give out thirteen percent to the few old-timers who helped me build this company. At the same time, I announce the appointments to the company headquarters. As for the other appointments, Guo will announce them later.”
“Jinshui Company President, still me, Su Ping Nan. Zhang Li Hua, Chief Financial Officer. Su Wen Wen, Minister and General Manager of the Jinshui Building Materials Division. Li Ming Yi, Minister and General Manager of the Jinshui Food Division. Guo Guang Yao, Minister and General Manager of the Jinshui Catering Division. Zhang Han Ping, General Manager of Jinshui Electronics…”
As he announced each name, Su Ping Nan would throw a gold watch to the person.
The hundreds of people below were middle managers from different departments. Every time their boss received a gold watch, there would be cheers.
Seeing the undisguised joy of Xiao Zhuang, Zhang Tong, and the other newcomers, Su Ping Nan continued, “Everyone here, in Jinshui, don’t be ashamed to talk about money. Jinshui will grow bigger and better. I promise you today, when we go public, everyone here will have the opportunity to be a millionaire.”
With this statement, the entire venue exploded with cheers, almost shaking the roof off.
“Alright, I’m done. Now Guo, Head of Human Resources, will take over to announce the details of your respective positions.”
Su Ping Nan had already instructed professionals to shuffle the equity of all companies under the group, with cross-holdings, to ensure that no matter which subsidiary of his Jinshui Group went public, he could maintain absolute control over the company.
Su Ping Nan walked out of the venue with a determined gaze. He had fully integrated the company, and next, it was time for him to show his fangs to the entire business community of Tian Nan Province.
(I’ve conceived this book on a grand scale. I’ve referenced five books on business wars, and it won't be abandoned. Since this is my first time writing, I can only thank you for your support.)