Reborn, back to a small county town to become a wealthy family

Chapter 803 A Package of Issues Regarding the New Group Structure
Guo Yi left with a sense of surprise, but also with immense shock.

Yes, a huge shock.

Although she only secured business from Jiangxiaobai Liquor Industry and Gray Rhino Capital, she knew that as long as she maintained her connection with Luo Yang, she had a chance to win over the entire group's business, and even the business within Luo Yang's social circle.

Moreover, from the moment she stepped out of Luo Yang's office, one sentence kept swirling in her mind.

"You won't be content with just 5% of the shares forever, will you?"

These words were like a seed, quietly planted deep within Guo Yi's heart, and with time, they will surely sprout and grow.
Luo Yang did it casually, killing without caring about burying the dead.

The discussion started promptly at 2 PM in the small conference room.

When Luo Yang led Wen Wan into the conference room, Sun Dexiang, the leader of the organizational restructuring team, and Chen Zhibin, the deputy leader, were already waiting with their team members. They had prepared the projector for the presentation in advance.

"Enough with the small talk, let's get started."

Luo Yang told Sun Dexiang and Chen Zhibin to hurry up and report on their work.

"Chairman, let me first report on the progress of the establishment of the new group and the restructuring."

Team leader Sun Dexiang, holding a laser pointer, explained to the PowerPoint presentation on the screen: "As of now, the registration of the overseas investment company named Blackstone Investments has been completed in the Cayman Islands, and you hold 100% control of this investment company."

This was a pre-planned scheme, so during the report, I only mentioned the progress.

"To avoid a lot of trouble, the newly established group company in China did not change its name and still used the name Ling Shi Gong."

As the PowerPoint presentation pages flipped through, Sun Dexiang continued his report: "According to the plan reviewed at the board meeting, we have already spun off Kunpeng Technology and Guobao Pictures from the group, while retaining the original Luoshengtang, Jiangxiaobai, Gray Rhino Capital, Sihai Security, Sunshine Charity Foundation, and Edifier Technology. At the same time, we have brought several companies, including Pinduoduo, C-Station, Guangfan Wind Power, and Qingyang Building Materials, into the group's management scope."

The explanation stopped at this point on a certain page.

Guangfan Electronics?

New energy vehicle projects?
Commercial banks?

Food industry?

Each of the four names, from top to bottom, is followed by a question mark (?).

"Chairman, we received a call a couple of days ago from Assistant Sun, the general coordinator in Yang City, saying that you requested a temporary halt to the positioning of Guangfan Electronics, so we didn't include this company in the new group structure."

Sun Dexiang pointed at Guangfan Electronics with a laser pointer and asked, "Do you still want this company?"

"Guangfan Electronics doesn't need to be included in the newly formed group structure."

Luo Yang had already made a decision and gave an explanation: "This company owns one of my patents, and in a year or two, we'll be frequently involved in lawsuits. It's not good to keep it under the group company's name."

"Patents? Lawsuits?"

Sun Dexiang was taken aback for a moment, then realized: "Chairman, you're not talking about the patent rights for the selfie stick, are you?"

Before making the adjustments, the restructuring team conducted research at various companies. They were very clear about what each company produced, and even though Luo Yang did not explicitly say so, Sun Dexiang immediately guessed the answer.

"That's right, I hold the patent rights to the selfie stick."

Luo Yang smiled and said, "The smartphone market is so big now, and the selfie stick market is no small either. Just by relying on this patent to fight lawsuits, it shouldn't be a problem to get hundreds of millions in compensation. Moreover, we can receive a fixed patent licensing fee every year. If we bring the company under the group, it will be difficult to come up with this money."

That makes sense. Once the new group company is established, Luo Yang will no longer have absolute authority, and any further funding will require approval from the board of directors.

Moreover, once any of his companies goes public, he will only be able to earn money through dividends.

It's too much trouble, unnecessary, it's better to prevent it in advance.

"The new energy vehicle project has a name now."

Before Sun Dexiang could continue, Luo Yang directly mentioned the second company: "From now on, this company will be called Tianqi New Energy Vehicle Co., Ltd. There's no need for discussion; this company will definitely be included in the group's management scope."

Deputy team leader Chen Zhibin took a laptop from the side and made changes directly on the PPT page. First, he deleted the name of Guangfan Electronics, then he changed the new energy vehicle project to Tianqi New Energy Vehicle Co., Ltd., and deleted the question mark at the end.

"Boss, although the commercial bank, like Tianqi Auto, has not yet been established, we need your opinion on whether or not to include this company within the group."

Previously, Luo Yang had been hesitant about whether to include the commercial bank in the group's structure.

After all, commercial banks also have many shareholders, which aligns with the overall tone of this adjustment.

However, considering that Gray Rhino Capital has already been incorporated into the group and can serve as a financing platform, and can expand its financial business scope in the future, there is no need to include the commercial bank in the newly established group company.

"There's no need to put commercial banks in there."

Luo Yang shook his head and said, "I have other plans."

Chen Zhibin then deleted it.

"The same goes for food companies."

Since he had already spoken, Luo Yang mentioned the last company as well: "This company will be wholly owned by me. Even if it goes public in the future, the shares will be shared by my family members and the company's senior executives."

Chen Zhibin made his move the moment Luo Yang opened his mouth.

"In addition to that, we'll add two more companies."

Seeing that only the name of Tianqi New Energy Automobile Co., Ltd. remained on this slide, Luo Yang clicked his tongue and added, "In the second half of this year or at the beginning of next year, I will enter the smartphone manufacturing industry. This company will definitely need to bring in partners, so let's put it into the group structure."

While Chen Zhibin was adding the smartphone entry, Luo Yang continued, "In addition, there's the bike-sharing project. During my trip to the US, I reached a cooperation agreement with IDG and Sequoia Capital. In the second half of the year, a separate bike-sharing company will be established in the US, in which I will hold shares. I also have shares in independent companies in East Asia and Southeast Asia, and these companies can all be incorporated into the group."

Apart from Wen Wan, who accompanied Luo Yang to the United States, everyone else in the conference room gasped softly.

I never imagined that my boss could promote the bike-sharing project so successfully during a trip abroad, and even reach cooperation agreements with large investment institutions like IDG and Sequoia Capital. The future prospects of Ling Shi Gong Group are incredibly promising!
Not to mention the group's desire to enter the smartphone industry, which is truly exciting news.

Chen Zhibin quickly tapped these on.

"Team Leader Sun, please continue."

Luo Yang didn't elaborate on these two pieces of information, gesturing for Sun Dexiang to continue the report. "Leaving aside the companies yet to be established, after this adjustment, Ling Shi Gong Group includes 10 companies: Jiang Xiaobai Liquor Industry, Luo Shengtang Food Co., Ltd., Gray Rhino Capital, Edifier Technology Co., Ltd., Guangfan Wind Power Technology Co., Ltd., Qingyang Building Materials Co., Ltd., Pinduoduo Technology Co., Ltd., C-Station Technology Co., Ltd., Sihai Security, and the Sunshine Charity Foundation."

As Sun Dexiang continued his presentation, a table appeared on the PowerPoint slide.

"Chairman, of the above 10 companies, Jiangxiaobai Liquor, Luoshengtang Food, Gray Rhino Capital, and Edifier Technology are all branches, while Pinduoduo, C-Station, Sihai Security, and Sunshine Charity Foundation are all directly under the group, equivalent to subsidiaries. Guangfan Wind Power and Qingyang Building Materials were previously independent companies."

At this point, Sun Dexiang paused and looked at Luo Yang: "Should these companies be divided according to existing principles or should they be readjusted?"

Luo Yang was stumped by the question and immediately fell into deep thought.

The meeting room suddenly fell silent.

Several minutes later, Luo Yang, who was deep in thought, looked up and said, "Team Leader Sun, Jiangxiaobai Liquor Industry, Luoshengtang Food, Edifier Technology, Pinduoduo, C-Station, Guangfan Wind Power, and Qingyang Building Materials are all classified as branch companies, maintaining their relatively independent management and operation. Gray Rhino Capital, Sihai Security, and Sunshine Charity Foundation are classified as subsidiaries, directly managed by the group."

There's a reason he divided it this way.

For example, Luo Yang did not participate in the operation and management of Jiangxiaobai Liquor Industry, so the company was relatively independent. Therefore, classifying it as a branch company is completely in line with the classification logic.

For example, Luo Shengtang Foods, although Luo Yang firmly controls the operation and management, is about to sell Lemon CC, one of the two milk tea brands under the company, and the future prospects of Nayuki are also quite uncertain.

Luo Yang only has a rough plan for it. Perhaps he will follow Lemon CC's example and sell the milk tea brand, or he will incorporate the milk tea brand into An Ying's newly established food company in the future.

Of course, the most likely scenario is that Nayuki will be listed on the stock exchange.

In either case, it is more appropriate to classify Luoshengtang as a branch office.

Another scenario involves companies like Edifier Technology, Pinduoduo, and C-Station. Luo Yang knows that these companies will definitely undergo multiple rounds of financing, and his own shares in the company will be significantly diluted, potentially leaving him with only 20% or even just over 10%.

The management of such companies before they go public will most likely be in Luo Yang's hands, because investment institutions need his name.

However, this may not be the case after the company goes public, especially for the CEO. If the company's performance and profitability fail to meet the shareholders' expectations, a new CEO may be appointed.

All Luo Yang can control is the company's overall development direction and the chairman's seat.

Therefore, classifying these types of companies as subsidiaries is the best arrangement.

As for Qingyang Building Materials and Guangfan Wind Power, the major shareholders of these two companies are Luo Yang and his father-in-law Jiang Yuanshan, respectively. Luo Yang has the power to influence them, but it is not convenient for him to interfere excessively, so it is more appropriate to classify them as subsidiaries.

The reason why the remaining Gray Rhino Capital is listed as a subsidiary and placed under the direct management of the group is that Luo Yang directly controls Ling Shi Gong Group through Blackstone Investment. At the group level, he still has considerable control. Gray Rhino Capital will be both a money bag and a financing platform in the future, so direct management by the group is the best choice.

Needless to say, Sihai Security and the Sunshine Charity Foundation will definitely be placed under the direct management of the group.

"Let's discuss eliminating the remaining companies that haven't been established yet."

Luo Yang resolved the issue in one fell swoop: "Don't worry too much about the overseas bike-sharing project. I only hold a minority stake, so it will definitely exist as a branch company. As for the smartphone project, my initial plan is to bring in several investment institutions or partners to work on this project together. In the future, we will definitely seek to go public, so it will also be classified as a branch company. As for the new energy vehicle project, it will be very large in scale, and we need to maintain its independence, so let's also classify it as a branch company."

While he was explaining, Chen Zhibin had already filled out the form.

"Any other questions regarding this?"

After Luo Yang finished speaking, he looked at Sun Dexiang and Chen Zhibin.

"The issue of classifying subsidiaries has been resolved."

Sun Dexiang immediately replied, "I will continue reporting."

Luo Yang nodded, signaling him to continue.

"Next, I will report on the classification of all members of the group headquarters and its subsidiaries."

This plan, which has been reviewed by the board of directors, adopts a dual-sequence cultivation model. Whether it is the P sequence, the M sequence, or both sequences, evaluation criteria and reasons have been given.

The rest of the PPT presentation will be in tabular format.

Because the list of personnel involved is too large (a rough calculation shows that the group headquarters and its 10 subsidiaries now have more than 15 employees, especially Lemon CC and Nayuki, which alone have more than 10 employees), it is impossible to show them all to Luo Yang.

Therefore, when Sun Dexiang reported to Luo Yang, he could only select senior and middle-level managers to explain, while he could only use one or two template figures to explain to the grassroots managers and ordinary employees.

This part of the report took up a considerable amount of time, so much so that after the report ended, Wen Wan suggested a 15-minute break.

Her excuse was that her boss wanted to smoke.

Did you see the remaining part?

As Luo Yang walked out of the small conference room, he casually asked Wen Wan, who was following behind him.

"Yes, I saw the title."

Wen Wan took a half step forward, getting closer to Luo Yang, and whispered, "Regarding the adjustments to the board of directors."

The small conference room was right next to the board of directors' office, and the two of them entered the chairman's office in just a few steps.

Luo Yang sat down at the tea table, lit a cigarette, and then said, "They dare to discuss such a major matter as the adjustment of the board members?"

"That depends on what you think, boss."

Wen Wan stood behind Luo Yang, massaging his shoulders as she replied, "If you are 100% confident in controlling the board member arrangements, then such a public discussion is appropriate. If you still have doubts about the selection of members, or if you need to communicate and coordinate privately, then a public discussion is not possible."

Both demonstrate Luo Yang's control over the company, but the former reflects confidence, while the latter requires strategy to compensate.

"It would be a joke if we were to lose control of the company now!"

Luo Yang snorted and said, "I really don't know if they're ignorant or if they have an unusually high level of confidence in me."

The second half of the sentence was almost a muttered remark, and Wen Wan really didn't know how to respond.

Fortunately, Luo Yang was talking to himself and didn't need a gentle answer.

(End of this chapter)