Siheyuan: Rebirth of a comfortable life starts with Shazhu

The moment He Yuzhu stepped down, he went to the side of a refined old man.

This is a high-ranking leader who came specifically to help him oversee things.

Don't think that it's so easy for He Yuzhu to distribute dividends to his employees.

It's safe to say that the number of people who have come to the city government to file complaints these past few days is already forming a line.

Four hundred coins per worker on average seems like a small amount in later generations.

But there's also the "more work, more pay" system.

Nowadays, some poorly performing factories don't even pay their full-time employees 400 yuan a year.

In other words, the dividends of an ordinary worker in a door factory in half a year are equivalent to the entire annual income of a large portion of ordinary people.

If He Yuzhu secretly gave the employees some cash, that would be one thing.

Or in a slightly more open-minded place like the South, nobody would care about this.

It has become a habit for many foreign-owned factories to give out year-end bonuses.

But He Yuzhu insisted on doing this in Beijing, and doing it on a grand scale.

How are the leaders of other factories supposed to appease their subordinates?

It's perfectly normal for him to want to cause trouble for He Yuzhu.

"Pillar,····
Everyone is happy. The big leader hesitated slightly when he said this.

Although he has retired, he has always been thinking about how society should develop.

This is also why he was willing to support He Yuzhu's shareholding reform in the school-run factory.

In his previous life, during the early days of reform and opening up, he encouraged He Yuzhu to open a restaurant.

It is actually an exploration in this area.

Many people, upon hearing about the policies, are thinking about finding ways to get rich.

However, some people, after hearing the policies from above, actually took certain words as ideals to strive for and goals to pursue.

For example, as mentioned above, a small group of people should be allowed to get rich first.

Most people, upon hearing this, think of themselves as one of the small group who get rich first.

But these top leaders still consider the whole picture.

Letting a small group of people get rich first is just a temporary goal they are thinking about, not the ultimate outcome they are pursuing.

The second half of this sentence is: "Let those who get rich first help those who get rich later, so as to achieve common prosperity."

That is the ultimate ideal pursued by these high-ranking leaders.

But today, unexpectedly, he saw it at He Yuzhu's profit-sharing ceremony.

"This year is only half a year of dividends. If there are no problems with foreign trade business next year..."

"My personal estimate is that the year-end bonus for all the factory workers will exceed 1,500 yuan." When He Yuzhu said this, he didn't seem happy; instead, he looked a little worried.

No wonder, with a dividend of 400 this year, there are plenty of envious people.

The group of people who came to attend the profit-sharing meeting today are those who have a good relationship with He Yuzhu.

But I suspect a large portion of them were secretly criticizing him.

The key point is that the 1,500 figure he mentioned was a conservative estimate.

If the door manufacturing factory focuses on foreign trade, next year's profits will be astronomical.

Nothing else, the real estate market is going to boom next year.

Meanwhile, the door manufacturer has already received inquiries from Xiao Rizi Real Estate Developer.

Affordable, cheap and durable, these are the kinds of low-value-added industries that people are moving out of the country to.

Therefore, PP Doors is the most suitable replacement in the middle.

"It's alright, I'll still come back to support you next year." The big boss said this very loudly.

The two men in cadre uniforms standing nearby stiffened upon hearing this.

One of these two people works for the municipal government, and the other works for the city investment company.

The people from the city investment company are naturally here today to receive their dividends.

They invested eight million, acquiring a 5% stake, and received a dividend of one hundred thousand every six months. They should have been happy to receive the money.

Just as He Yuzhu said, as long as there are no problems with foreign trade next year...

So, if they invest 5%, their estimated return will be between one million and two million.

This return isn't high, considering that money deposited in banks nowadays yields 12% interest.

But what if He Yuzhu distributes dividends to them in foreign exchange?

The contract between the two parties was agreed upon at the time.

Now, local government financing vehicles (LGFVs) feel they haven't invested enough.

If the workers' 28 percent stake were acquired by them...

Damn, I'll never have to worry about foreign exchange again this year.

Someone actually had that idea.

However, He Yuzhu closed this door from the very beginning.

It cannot be transferred; upon retirement, the company will buy it back at the market price.

Even equity holdings in management positions are subject to strict restrictions.

He Yuzhu didn't use any fancy tricks; he just remembered one rule: if you work in this factory, the shares are yours.

When a person passes away, whether they go into business, retire, or get promoted, it doesn't matter.

Then the shares must be taken back.

In fact, despite He Yuzhu's constant complaining in front of the higher-ups, he was actually quite naive.

He also has plans for a high dividend next year.

He plans to have the labor union intervene and split the employee bonuses in two.

The union took care of the other half and deposited it in a bank for investment.

When workers want to buy a house or get married, they can take the purchase contract or marriage certificate and withdraw the money from the labor union in one lump sum.

In this way, it doesn't have to be too conspicuous, but it can still provide people with a sum of money that can be very useful when they encounter difficulties.

The door manufacturing factory is now just a school-run factory.

Except for a few management positions that were initially filled with permanent staff, all other employees were temporary workers.

Of course, they are now called contract workers.

The generous welfare benefits enjoyed by many collective units have been reflected in wages at door manufacturing factories.

The half of the profits held by the union is similar to the housing provident fund system in later generations.

Why are you bothered by this?

"You don't take a single penny from inside," the big boss said with a smile.

He spoke loudly as if his purpose in coming here today was to prove He Yuzhu's innocence.

"We also contribute money; our college holds a 46% stake."

"I got a share of that too." He Yuzhu couldn't help but laugh as he said this.

Just like the big boss said, he didn't take a single extra penny from it, and he's not afraid of anyone trying to smear him.

Is it wrong to help everyone achieve common prosperity?
"Principal He, are you planning to implement a shareholding system reform for the electronic watch factory next year?" a leader from the city investment company asked from the side.

This is something that anyone with eyes can see.

When it comes to profit distribution at the door manufacturing factory, the workers and management at the electronic watch factory are definitely the ones who have the most objections.

After all, unless the workers outside are related to the workers in the door factory, they may not know the specific details of PP Doors' profit-sharing.

But the workers in the electronic watch factory must know it all too well.

He Yuzhu nodded seriously and said, "I do have that idea."

We can't favor one over the other.

"What about the large market? The second phase of construction will also cost money, right?" the city government leader asked with interest. (End of Chapter)