"This model... feels a bit interesting." Chairman Zhu thought with his chin.

"It's better than the simple way to introduce joint ventures. That kind of company has become a foundry manufacturer, and the profits are also big. Finally, the technology...haha." Empress Dong immediately saw the key core issues.

"But it's not easy to do this. At least you have to let foreigners see you equally. Not everyone is willing to be exploited by others, but there is nothing we can do."

"That's right." Empress Dong nodded in agreement with Chairman Zhu's point of view and sighed. She was not confident. After all, it was because her foundation was too weak and she was looked down upon.

The joint venture car is clearly produced in a local factory, so why is it still so expensive? It’s just that foreigners have taken too much money.

When a joint venture automobile factory is built, the main accessories must be imported from others, the equipment must be purchased from others, and the engineer must rely on others' support. Patented technology must be used for extra money, and production must be authorized by others.

This all costs extra money, and then the profit after selling the car is still distributed to others. In fact, the factory has the final say.

As a domestic joint venture, it does not necessarily mean that it does not pay attention to technology, but there is no way. Moreover, it also needs to have performance and profits to show it to the top, so the price rises like this.

No matter what product or product, if the unqualified ones are sold at a sky-high price in the country, the qualified and high-quality export costs are the norm.

"Don't worry about this." Zhang Yanming gave several executives peace of mind: "Gezhi will also adopt this method to cooperate in establishing research institutes and share patented technologies. The factory itself is not jointly invested and will not introduce them."

"Can?"

"Yes. You can keep a close eye on quality and good management and sales. Leave this to me. My logistics is still qualified and will satisfy you."

This is quite good news for the executive team. What the company lacks now is related technical patents.

Everyone communicated about this matter for a while and determined a general aspect. Chairman Zhu took the executives to say goodbye and let Zhang Yanming rest.

The company will hold a board meeting tomorrow morning, and everyone will prepare.

Chairman Zhu meant that Empress Dong and Vice President Huang would come in and add another representative of Zhang Yanming, so that the original two independent directors could consider continuing their positions.

In the previous cooperation, the two independent directors were also conscientious and contributed to the company's development. Zhang Yanming agreed.

Independent directors are generally scholars and experts in a certain aspect, or senior managers, and they play the role of think tanks. They usually make suggestions from a certain aspect, which has a very little impact on board resolutions.

To put it bluntly, it is to spend money to hire a few experts for daily consultation, or to borrow their connections in a certain area. Board members are considered to be a job that does not have to sit on duty and earn wages.

The secretary of the board of directors is not the secretary of the chairman, but the housekeeper of the board of directors, and is a formal member with the right to speak.

In addition to the chairman and vice chairman, as well as employee directors, other board members will not serve in the enterprise to reduce interest disputes and better complete administrative management work.

In general, the shareholders' meeting controls the board of directors but cannot directly manage the senior management. The board of directors is responsible for the enterprise's administrative management and strategic direction and controls the executive team.

The executive team is responsible for the management of daily production and sales development and is responsible to the board of directors.

What is relatively special is finance. The financial system of listed companies is relatively independent and is responsible to the shareholders' meeting and cooperates with the chairman's work. The financial manager of the senior management team below cooperates with the president but is responsible to the financial director.

Non-listed companies are more casual, anyway, just trust the boss.

After seeing off Chairman Zhu and his friends, Zhang Yanming sat down with Zhao Zhenhua and Zheng Yi and chatted for a while, called the house before washing and resting.

At 9 o'clock the next morning, everyone took a bus to Gezhi Group to attend the board meeting.

In fact, the shareholders' meeting should be held at this time, but Gezhi is quite special. He is the only controlling shareholder now, and the others are retail investors in circulation shares.

You can't get all the people who bought circulating stocks across the country to have a meeting, that's not realistic, and it's even more impossible to do it. Circulating stocks have no equity and are not qualified.

In fact, this is a face-saving job. Things have been decided, but according to the law, you must go through some form and then submit the resolution to the Industrial and Commercial Bureau for filing, otherwise it will not be recognized from a legal perspective.

The two directors who decided to resign once again submitted their resignation applications to the board of directors, including the chairman who usually does not show up, and also submitted his resignation due to "physical reasons" and proposed that Vice Chairman Zhu take over.

Then everyone raised their hands to vote, announcing their acceptance and agreement on the resignation applications of the three comrades and the recommendation of the former chairman to the successor of the chairman.

The secretary of the board of directors records and forms documents on the side, and then prints them out and everyone signs and presses their handprints.

Then the new chairman announced his appointment, and everyone sent away the three old comrades and immediately held the first meeting after the new chairman took office.

The meeting re-elected directors, employee directors and independent directors, elected and established a new supervisory board, and appointed the company's new president and vice presidents, chief engineers and financial personnel.

In addition to the financial director who needs to be appointed by the shareholders' meeting (that is, Zhang Yanming sent it), the board of directors successfully completed the handover between the old and the new, and once again formed a resolution document and signed and pressed the handprint.

Then the style changed and became a tea talk between the board of directors, the board of supervisors and Zhang Yanming.

Zhang Yanming met with the two independent directors who remained, expressed his gratitude and expectations for their long-term contributions to Gezhi, and then cared about the company's current production and sales issues.

Zhang Yanming once again expressed his thoughts and did not interfere with the management of the board of directors.

The company's immediate development remains unchanged, the final project remains unchanged, and the final sales strategy remains unchanged. This makes the management team very happy. To be honest, they are a little worried that the new boss will burn the fire when he comes up.

Then Zhang Yanming put forward four requirements for quality, sales, after-sales and technical research and development, and set a goal: quality first, and non-standard products will never be allowed to enter the market.

After-sales service, we should make great investments, carry out training, add outlets, and strive to be the first in the industry.

Zhang Yanming said nothing about sales, which should have been the most important aspect of the boss.

Then the company's administrative level is institutionalized, and the company's full staff is re-rated according to Fengcheng's standards from top to bottom, and the Fengcheng's salary and welfare system has begun to be implemented. Everyone has raised their wages.

"There is a problem here," Chairman Zhu looked through the new salary and welfare regulations, listened to Zheng Yi's detailed explanation, and put forward his own opinions.

"Overall, this is a very formal, high-end, and clear salary and benefits, rewards, punishments and promotion management regulations, which are very mature."

He first expressed his views on this management system clearly: "It is relatively fair, and it is fair and clear whether it is given or punished. The original system is a bit vague.
Chapter completed!