Actor: Thank you.

Jack Ma once made a summary statement about employee turnover, which is one of the few statements he has made in his life that has stood the test of time.

There are essentially two reasons why employees leave: they are not paid enough or they feel wronged.

Actually, these two questions are not multiple choice questions.

In most cases, employee turnover involves both of these factors.

It's not just applicable to the workplace.

These two principles apply to most interpersonal interactions.

For example, marriage!

A woman is only willing to be with you if she's after your money or your body.

Sometimes it's both pictures.

Whether it's for money or for the person, once the relationship is over, at least provide some material compensation so that everyone can go their separate ways and have nothing to lose.

Because justice will prevail and retribution will be swift; what goes around comes around!

At this moment, in the conference room of Tudou.com in Shanghai, CEO and founder Wang Wei was deathly pale.

The white ones look like paper effigies of boys and girls burned for the dead.

It turned red again after a short while.

It was so red it looked like charcoal that had been burning for an hour or two at a night market barbecue stall, a reddish-black color.

My temples are throbbing, and my eyelids are twitching. I don't even need to take a measurement to know that my blood pressure is very high.

Of course, he's not the only one with high blood pressure!
"What's wrong with you?"

"Why is this happening!"

"When did this happen?"

"madness!"

"I am angry!"

More than a dozen shareholders, large and small, like a dense array of air-purifying systems, relentlessly showered him with all sorts of complaints, insults, and rebukes.

That's right. These wealthy people, who usually act all respectable and are always dressed in suits, will now start swearing and cursing, completely disregarding the very qualities they usually use to mock "inferior people".

When you're really desperate, you don't have time to pretend anymore.

These words sounded to Wang Wei as if his ears were stuffed with cotton.

It was muffled; even though we were very close, I couldn't hear clearly.

My whole body was numb, and I was in a semi-conscious state.

Snapped!
Only when a loud slap landed on his cheek did he suddenly stand up.

"what are you doing!"

"What else do you want to ask me?" The investor rolled up his sleeves, showing no sign of stopping.

"Don't try to play dumb with us now! No way!"

Let alone hitting him, I'd rather kill him!

Wang Wei had a bad temper, and when he was about to lash out after being hit, he saw that all the shareholders present were glaring at him with wide eyes, like a pack of wolves.

It wasn't just one person who wanted to beat him up; everyone wanted to beat him up!
Feeling guilty, the man covered his face, gritted his teeth, and sat down.

“I’ve already contacted a lawyer and we’re communicating with them,” he replied in a low voice.

boom!
A major shareholder holding more than 10% of the shares slammed his fist on the table and said sternly.

"Who asked you to communicate?"

"We're asking you, when will this be resolved!"

Wang Wei covered his head, unable to answer.

Because the lawyer didn't give him a clear answer.

"They were clearly well-prepared; not only were they well-prepared, but they also chose the right time long ago."

"There are also experts on the other side."

Whether it's earlier or later, the effect won't be as good.

If the problem had been raised earlier, before the IPO, the shareholders would have been more united and the issue would have been resolved.

We can do it later, after the IPO. We'll have plenty of funds, and it will be easier to transfer assets.

Right now!
With the IPO imminent, all documents are under public scrutiny and have been submitted to the NYSE's online platform.

The other party made a "kucha" sound and said to you, "Fellow Daoist, please wait."

The other party froze the assets of the company under Wang Wei's name that held his shares in Tudou.com, citing "deliberate concealment and transfer of assets during the divorce and deprivation of the wife of her legal right to a share of marital property." The freeze was quickly approved by the Shanghai court.

In addition to Wang Wei's assets, the other party also claimed that the shares he sold between 2007 and 2010 to obtain financing should also be considered marital property.

Therefore, not only were Wang Wei's assets frozen, but also a portion of Tudou.com's total shares were frozen, amounting to 38% of the equity.

They even provided a detailed list of expenses incurred during the marriage to prove the woman's contributions to the marriage, which clearly wasn't something they had prepared in just a day or two.

It's not uncommon for companies to encounter lawsuits before going public; it's usually a quick and costly process.

However, it is rare for a company to encounter shareholding lawsuits, which directly affect its listing process.

How can a public offering be made if there are disputes over the shares?

The initiative is now completely in the hands of the other side, and Wang Wei has no way to do anything about it.

It's like a man and a woman playing a game, and at the crucial moment when everything is about to happen, the other person suddenly cuts off your QQ account.

That's just doing whatever people tell you to do.

Yang Lei, now his ex-wife, is not in a hurry at all, and even ignores him.

Because people know that you'll beg me like a dog to get the company listed on the stock exchange.

How did you treat me back then?
He claimed the company was losing money and he had no money, so he offered me 10 yuan as a "breakup fee" during the divorce.

I felt wronged, and the money wasn't even paid properly.

We need to find them all now.

This case not only shocked everyone on Tudou.com, but also swept across the entire Chinese internet and even the financial industry like a nuclear shockwave.

Therefore, investors and company management, whether listed or not, whether they were having affairs or married, all kept silent.

No one dared to breathe too loudly; everyone turned their attention to the potato, wanting to see how things would unfold.

The famous Tudou.com divorce case, and the famous "Tudou Rule," are about to be born.

This incident has become a must-see case study and a benchmark for listed companies in China.

From then on, Wang Wei's name endured in another form, appearing in textbooks and case studies in universities, training courses, and in finance and law.

This proves how important it is to find a reliable lawyer!
The Baoqiang case later proved this point.

In Europe and America, the most lucrative legal professions are financial acquisition lawyers and patent lawyers, followed by celebrity marriage lawyers.

They earn much more than those litigators who sue businesses.

And Yang Lei's lawyer friend is even more important.

A senior partner at a law firm with official backing in Shanghai.

When it comes to protecting women's rights, Yang Lei's best friend is an expert, an expert, an expert.

In return, in addition to the initial litigation fee of 15, the lawyer would be paid 8% of the total amount in damages as compensation.

That's already very generous; overseas, the starting price is 30%.

However, this lawsuit is almost risk-free and a sure win, so it's understandable that they would accept a smaller fee.

The seeds sown in the past have borne fruit today.

This is called cause and effect.

This is what they call character determining destiny.

In Hong Kong, Lau Luen-hung is known for his love of playing around with female celebrities.

How many female celebrities have criticized him after their breakups?

almost none.

Because they are incredibly generous. As long as you're with me, they'll give you a house, a car, jewelry, and bags. And even if you break up, you don't have to pay them back; they're all yours.

On the contrary, these people from the lower classes are better at understanding how to soothe people's hearts.

“Let me tell you, because of this stupid thing of yours, things have gotten this bad.” One shareholder stood up and bluntly cursed.

Wang Wei looked up and glared, and the other person let out a strange cry.

"grass!"

"How dare you stare at me!"

"You think we don't know about your affair with that ballet queen?"

"We'll turn a blind eye, since you're young and charming, so be it."

"Playing around with women these days can lead to serious trouble."

"Let me be clear with you, if this isn't handled properly, you and that woman better watch out."

To be honest, Wang Wei is both a romantic and blind.

Yang Lei is highly educated, so he is quite reasonable. He is a good match for me. I am looking for him for both his personality and my money.

But men, well, they still judge by looks.

That ballet queen is only after money!

Later, in order to resolve this matter and raise compensation, Wang Wei sold a significant number of his shares.

In addition to losing money, a portion of the funds was used to purchase a luxury mansion in Hong Kong for the ballet queen to use.

Even at a time like this, he's still thinking about picking up girls.

Because of this series of events, Tudou.com's IPO was not only delayed, but its progress was further hampered by a series of setbacks.

By the time Potato recovered, the attitude towards Chinese concept stocks in North America had changed drastically, from welcoming to questioning, and they were very pessimistic, which caused Potato's share price to fall below its initial offering price.

In fact, it wasn't just Tudou.com; all the Chinese concept stocks listed during the same period, except for 360, fell below their issue price.

The shareholders also completely lost confidence in the founding leadership team headed by Wang Wei.

Once confidence collapses, the entire company's management system is finished.

Withdraw investment, leave the market, run away, and make a move.

One wave after another of bad luck will gradually come.

Wang Wei also completely withdrew from the internet market as a result.

Even a pig can take flight if it stands in the right place at the right time.

The premise is that the pig should ride the wind quietly and not cause trouble.

Having seized such a huge opportunity, yet ending up in such a sorry state, Wang Wei can be considered a figure of considerable importance in the entire history of Chinese finance. He truly got up early but arrived late.

They argued for a whole day, but didn't reach a conclusion.

When he left, the king, who had been suddenly called to a meeting, had cold hands and feet and felt numb in his limbs.

My mind is foggy. Even though I haven't eaten all day, I'm not hungry at all.

Even if someone suddenly loses hundreds of millions, they won't be hungry.

"Big brother, what happened?"

He returned to the area in a daze, where Xiao Wang was waiting for him at home.

The king threw his briefcase on the floor and then slumped onto the sofa.

"I don't know, but the listing plan has been disrupted."

"Huh?" Xiao Wang's eyes were bloodshot.

"Youku's progress is only about two months behind Tudou's. Can it catch up?"

"I don't know," the king shook his head repeatedly.

These two companies are now racing against time to see who goes public first.

"Then let's..."

Before Xiao Wang could finish speaking, Da Wang replied with the same words.

"do not know."

“We spent a full 1.5 million to snatch, no, buy these shares from Zhang Yuan.”

I thought I'd snag a big one, but it turned out to be a big one.

"Brother, why don't we ask Mr. Ma?"

"Wouldn't it be easier to resolve this if he intervened?"

"Yes, that's right!" The king regained some of his senses.

With Jack Ma around, at least lawsuits and compensation will be easier; there's no shortage of money.

This whole thing is still about money.

But when I made a phone call, the other party's attitude was completely different from a few days ago.

It's like a 180° turn, from hot to cold, which is extremely extreme.

Don't contact me anytime soon.

"Take a moment to calm down and think about how to handle the current situation."

"Once this is resolved, we can discuss the next steps."

"Furthermore, as a shareholder, I now require Huayi to provide a detailed annual operating report and financial statement before the Lunar New Year, which I will review."

Not only did they stop his request, but they also sternly demanded that he reflect on his actions, their words tinged with anger.

What a shame!

I've gathered a bunch of industry bigwigs to support you, to help Huayi and Tudou.com gain momentum.

They made it as grand and extravagant as possible.

As a result, such a big incident occurred just a few days later.

Shame on you!
The bigger the fuss, the more embarrassing it will be!
It's still me, Lao Ma, who's lost face.

Other bigwigs present cried out in despair: "Old Ma, oh, Old Ma, oh Old Ma!"

One second he was pontificating, saying he would lead the future of Chinese entertainment and the internet, and the next second he exposed his true colors.

These bigwigs felt humiliated and became a laughing stock in the industry!

So who's to blame?

It's certain that Wang Wei is to blame.

But this summit was started by your Huayi, so you can't escape it!

Jack Ma was furious.

However, being a shrewd and experienced person, his first priority upon hearing about the potato incident was to check Alibaba's stock price.

They breathed a sigh of relief when they found out that nothing had happened and they hadn't been implicated.

Then look at Huayi's stock price.

It's lush and green, but it's dropped by 3 percentage points.

The market had been declining recently, and now it's only made matters worse.

So Jack Ma demanded that the two brothers provide financial statements; they needed to be disciplined and their accounts receivable were to be settled!
It's also a good opportunity to vent one's anger and use this moment as an excuse to strengthen one's voice.

The two brothers were completely dumbfounded.

Why are we so unlucky?

"Yeah, why am I so unlucky?"

……

Meanwhile, after reading the script, Zhang Yuan invited teacher Qin Hailu to his home again.

"I'm doing this all by myself this time, are you not disappointed?" Hailu joked as soon as she entered the door.

"You keep saying things like that."

"Liu Tao is doing well now, with a son and a daughter, and a happy life."

"I don't think she's particularly happy." Qin Hailu pursed her lips and shook her head: "Her husband isn't much of a catch."

"Hey, tell me, are you only helping her pay off her debts because of our past relationship?"

"I guess so," Zhang Yuan admitted.

He would never have done that to a stranger.

"There's still some affection between them."

The two sat down, and Zhang Yuan took out the script and placed it on the table.

"I've finished reading it."

"How is it?" Qin Hailu asked, peeking out from behind his shoulder.

Zhang Yuan nodded.

Although this script does not yet have a title.

But after reading the contents, he knew the final ending of the story.

The Piano in a Factory!
In the Chinese film and television industry, there is a series of writers and works collectively known as the "Northeast Renaissance".

Films such as "The Piano in a Factory," "Black Coal, Thin Ice," and the later TV series "The Long Season" all fall into this category.

Because the backdrop of these stories is that forgotten eldest son of the republic.

When future generations mention Northeast China, they think of barbecue, a world of ice and snow, and energetic young men on Kuaishou (a Chinese short video platform).

The Northeast was once a hub of industry, agriculture, and the vibrant life of the working class.

The main characters in "The Piano in a Factory" are just a group of laid-off workers from Northeast China.

This story is the director's way of using these characters, with their hoarse voices and collapsed bodies, to shout out the old phrase "Long live the working class" with their last bit of strength.

The sound was faint and muffled, echoing only in the empty Northeast China, and few people could hear it anymore.

The film was directed by Zhang Meng.

At this time, Zhao Benshan was collaborating with him on screenwriting, and both "Talking About Things" and "Kung Fu" were his screenwriting works.

A few years ago, when he returned to his hometown of Tieling, he found an old piano that had been abandoned in the rehearsal room of a Pingju opera troupe.

The piano can still produce sound, but the keys cannot be reset after being pressed.

The Pingju troupe members said that the instrument was handmade by the troupe's former workers, not a ready-made product.

The workers can make their own pianos—that's an incredible skill!
Moreover, making pianos is an incredibly romantic thing.

But all these abilities and romanticism were buried in the overall economic decline of Northeast China.

Zhang Meng suddenly realized that this instrument was from Northeast China.

"The Piano in a Factory" tells the story of a group of capable and romantic people.

He quickly finished writing the script.

The problem is, who would watch a film about old-fashioned workers in Northeast China?

Investors are not optimistic, and no one is willing to spend money.

Zhang Meng mortgaged his house to raise the initial capital.

He desperately wanted to film this story because it was a tragic tale from their Northeast China.

Qin Hailu is from Yingkou, Liaoning Province, and came from the Yingkou Quyi Troupe.

That's why the director knew her and found her.

She was also interested and thought the work itself was good.

Thinking that if Zhang Yuan didn't invest any money, he would just pay some out of his own pocket if necessary.

Taking out a loan to start working early is considered...

This also shows that Qin Hailu is a person with sentiments, not a celebrity, but an actor.

Zhang Yuan has always admired people who are willing to pay any price for their ideals.

Whether I like it or not, whether I agree with it or not, is another matter, but I always admire it.

and so……

"You should contact the director, and we'll meet up."

"You agree!" Qin Hailu felt relieved after hearing this.

That's good. The worst thing would be if he felt it wasn't profitable and, like other investors, was unwilling to invest.

"Of course, the script is good."

“Tell the director to redeem the house; it’s really pitiful.”

“I’ll cover this multi-million dollar matter,” Zhang Yuan generously announced.

"However, I also have conditions."

“You tell me, and I’ll relay it,” Hailu said happily, immediately agreeing.

"Okay, here's my plan."

"I don't just plan to invest money."

"I still plan to perform." (End of Chapter)