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Chapter 509 Employee Care Fund, real and fake good people!(1/2)

At the subsequent meeting, Zhang Shuo specially commended Pinxixi Group.

"Pinxixi performed particularly well in this Double Eleven event. I suggest that the parent company issue a special commendation order to Pinxixi Group and issue a special bonus of 10 million yuan at the same time."

To be honest, even Zhang Shuo was shocked by Pin Xixi's performance this time.

He previously predicted that Pinxixi's sales would be approximately 50 billion, which would greatly narrow the gap with Magic Treasures, but it would not be enough to catch up with Magic Treasures in one go.

It can be seen that it underestimated the budding national popularity and underestimated the favorability of Chinese consumers towards Pinxixi.

Of course, the efforts of Pinxixi management team are indispensable.

To this day, facts have repeatedly proved that Zhang Shuo rejected the opposition and pushed Du Qingqing to the position of president of Pinxixi Group, which was a very correct decision.

Du Qingqing has indeed grown into a super strong general under Mengyao.

"agree!"

Executives such as Lu Kai and Lu Qi had no objection.

Pinxixi's outstanding performance is also a way of bringing glory to Mengya Holdings. The saying "New Three Big Three" circulating online has made many Mengya people excited.

Does it sound very good?

Later, Senior Vice President Lin Zhengdong focused on reporting on the progress of the acquisition of Xianzhengda.

Since the end of August this year, Dream Fund, Vision Fund, Qingning Group and Xinghai Group have launched an invitation to acquire Xianzhengda, almost three months have passed.

During this period, Xianzhengda has held two board meetings and one shareholder meeting. Xianzhengda's major shareholders have all given up their priority acquisition rights for Xianzhengda.

It paved the way for the acquisition of Xianzhengda by the Dream Fund Consortium.

Afterwards, the consortium hired the world's most professional due diligence team and joined hands with Mengya Holdings' own due diligence personnel to conduct a thorough due diligence investigation on Xianzhengda.

Understand the financial situation, debt situation and basic operating conditions of Xianzhengda.

Avoid thunder!

"Just the day before yesterday, the Dream Fund Consortium officially signed a acquisition memorandum with Xianzhengda. The two parties agreed to start the acquisition negotiations with a quotation of $43.5 billion."

After signing the memorandum, the acquisition negotiation will enter into negotiations on specific contract details.

At the same time, Dream Fund, Vision Fund, including Qingning Group and Xinghai Group can also start the pre-examination work of their respective markets with memorandums.

For overseas mergers and acquisitions of this magnitude, the review time of various countries may last for one year.

Even longer.

For example, Baier's acquisition of Mengsandu by Original Time and Space was initiated in 2016 and did not complete the acquisition until 2018.

"If everything goes well, the acquisition is expected to be completed in April next year."

Lin Zhengdong added.

The acquisition of Xianzhengda by the Dream Fund consortium is very different from that of Bayer's acquisition of Mengshandu. The former is a pure financial investment and merger.

Bayer and Mengshan are both agricultural giants, and the merger between them involves a risky monopoly.

The review cycle is naturally longer.

"As soon as possible!"

Of course, Zhang Shuo hopes that the sooner the better. He also plans to seize food from Baier's tiger mouth after completing the acquisition of Xianzhengda, and then start the acquisition of Mengshandu.

So it must be fast!

"Mengshan has contacted Xian Zhengda, how is it going?" Zhang Shuo asked curiously.

“It’s not going well.”

Lin Zhengdong said with a smile: "There are great differences between the two parties on the specific acquisition methods and business."

What it means.

Although Mengshandu stood up to disrupt the situation, it was not enough to pose a threat to the Dream Fund Consortium.

"That's good!"

Zhang Shuo was worried that his butterfly flapped his wings and brought unpredictable variables.

"By the way, Chairman, should the funds for the Youth Apartment project be distributed to the subsidiaries of each group, or should it be arranged uniformly by the headquarters?" Lu Kai smiled and asked for instructions.

After the Chinese sprouts officially took over Wangke, the youth apartment project also entered the preparation stage.

To start, you need funds.

According to the strategic cooperation agreement signed by Mengya and Wangke, regarding the promotion of the youth apartment project, using the single project as the node, Mengya pays a 30% advance payment for each single project.

The rest is to wait until the project is completed and accepted, and then pay the final payment in one lump sum.

Wangke needs advance funds in the middle.

After the Youth Apartment enters the operation stage, the Property Management Department, a subsidiary of Mengya Control, will sign a separate property entrusted management contract with Wangke Property.

"Let's pay for the headquarters," said Zhang Shuo.

The Youth Apartment Project itself is a employee welfare for the entire budding system. The development of each group's subsidiaries is unbalanced, so it is better to be uniformly allocated by the headquarters.

It is also a disguised redistribution.

"good!"

Lu Kai had no objection and asked the question just to confirm it.

"When I mention this, I have another idea."

Zhang Shuo said with the flow: "About the fund management of the youth apartment project, I want to take this opportunity to establish an employee care fund at the headquarters level."

"In addition to being responsible for operating the youth apartment project, the fund is also aimed at all employees under Mengya. If someone in the family is seriously ill or has other problems and urgently needs financial assistance, then you can ask the fund for help."

It is equivalent to a budding public welfare fund.

As an ordinary social animal in his previous life, Zhang Shuo knew very well that sudden serious illness or accident would cause heavy pressure on an ordinary family.

Zhang Shuo cannot help everyone, but at least, he must eliminate this tragedy within the bud.

"This is a good idea!"

Jiang Yue, executive vice president in charge of the group's administrative affairs, was the first to agree and excitedly said: "If it really needs to be implemented, it will be of great help to improve the employee's guarantee mechanism and sense of belonging."

"Then, how should we arrange funds?" Lu Kai asked for instructions.

"At the beginning, 10 billion yuan of start-up funds will be allocated according to the situation." Zhang Shuo had already made plans, "In addition, I also plan to transfer 5% of the budding equity in my name to the employee care fund for free."

This chapter is not over, please click on the next page to continue reading! In this way, although the Employee Care Fund is not employee stock ownership, it is better than employee stock ownership.

"this…"

Senior executives such as Lu Kai looked at each other in surprise.

"Chairman, is this a sacrifice for you too much?" Lu Kai reminded.

A few years ago, Zhang Shuo transferred the 20% of the germination equity he personally held to Chunmiao Fund for free, thus establishing the status of Chunmiao Fund as the largest private public welfare fund in China.

Now we have to allocate 5% of the equity to the employee care fund.

With Mengya Holdings' current valuation, the total value of Mengya's equity has exceeded 2 trillion yuan, which can be said to be the largest donation in history.

“There is nothing to sacrifice or sacrifice.”

Zhang Shuo was very calm and said with a smile: "Although I am the founder of Mengya, Mengya is not my own, but everyone's. It is natural to take out this part of the equity."

We must share hardships and wealth.

In itself, many people have complained about Zhang Shuo's value, especially as the valuation becomes higher and higher, this wealth becomes more and more hot.

Not only outside but also inside, there are actually some noises.

Not to mention anything else, although Mengya Holdings has taken out part of the equity of Qingcheng Group and is implementing a three-year employee equity incentive, the demand for "employee shareholding" has emerged from time to time.

Zhang Shuo transferred 5% of the equity to the employee care fund at this time, which is actually responding to this demand, which can not only effectively calm the internal noise, but also be of great benefit to the long-term development of the budding.

Why not do it?

Anyway, for Zhang Shuo, the amount of personal wealth is really irrelevant. The most important thing is to firmly control the control of the bud while maintaining the stability and unity within the bud.

It is also before retirement that one hidden danger is eliminated in advance.

Besides, Zhang Shuo currently holds 41.12% of Mengya Holdings' equity. Even if he allocates 5% of the equity to the Employee Care Fund, he still has 36.12% of the equity left.

It is still the largest shareholder of Mengya Holdings.

"Oh well!"

The big boss said so. As a worker, what can Lu Kai and others say more?!

………

Time comes December in a blink of an eye.

Perhaps because the New Year is approaching, all kinds of lively news are coming one after another.

On the first day of December, a naked donation incident involving Xiao Zha, the founder of Washbasin.com, broke out. Xiao Zha promised that in the future, he and his wife would donate all 99% of the Washbasin stocks he and his wife to charity organizations.

According to the current stock price of Washbasin.com, this part of the stock is worth US$45 billion.
To be continued...
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