The wealthy entrepreneur: I want to support millions of employees!.

Chapter 1127 A Brighter Future for High-Performing Retail! Incentives for Frontline Employees!
Of course, Su Yang never intended to take on a huge task at once; he would definitely do it step by step.

Two days later, Su Yang learned about Wanlong Securities' profitability; Wanlong Securities had suffered a loss of over 20 million yuan in the first half of this year.

Other securities companies have also begun to release their first-half financial reports. Because the stock market was active in the first half of the year, almost all securities companies made money, so their financial reports were released quite quickly!
Soon, Su Yang received a call from Zhang Zhiyuan.

Zhang Zhiyuan said pitifully, "President Su, I heard that Wanlong Securities is losing money!"

He originally bought 5% of Wanlong Securities' shares along with Su Yang, hoping to make a fortune.

But he never expected that Wanlong Securities' performance would be so dismal!
He had looked at the financial reports of those securities companies, and almost all of them were making money.

Even several local securities firms within the province are making money...

In the economically developed Guangdong province, Wanlong Securities' performance was far from satisfactory!
"Hmm!" Su Yang asked with a smile, "Is it very uncomfortable?"

"It is indeed a bit upsetting, but I still trust President Su's judgment!" Zhang Zhiyuan took a deep breath and said, "Besides, investment losses are normal. I'm not someone who can't afford to lose. Even though our company's liquor business isn't doing too well, it's been putting a lot of pressure on me lately!"

"Isn't it normal for liquor companies to have poor sales?"

"Ugh!"

Zhang Zhiyuan had a lot to say.

Longjiu Group is not a listed company, and its performance cannot compete with other listed liquor companies in Sichuan Province. As the company's boss, it's no wonder he feels a lot of pressure!
Longjiu Group has invested in Chizhu Winery and Jiuxiang Yonghao, but neither company has high profits.

Su Yang has not yet distributed dividends. Both companies are putting all their efforts into development, and both want to increase market awareness and production capacity as much as possible!

Zhang Zhiyuan had no objection to this; he still trusted Su Yang's judgment.

Moreover, although Zhang Zhiyuan said his company's performance was not good, that was probably compared to the past.

Moreover, Longjiu Group has a solid foundation; the billions of yuan in cash lying in its accounts are no joke!
"Never mind!" Su Yang said after thinking for a moment, "I'll tell you some good news instead!"

"What good news?"

"I'm preparing to acquire Wanlong Securities!"

"Really!"

Zhang Zhiyuan's voice immediately brightened with joy!

"Hmm!" Su Yang asked with a smile, "Is this good news?"

"Of course!" Zhang Zhiyuan quickly replied, "As long as you take over the securities company, I can't think of any way it could possibly lose money!"

"You have far too much faith in me!"

"Haha...I believe you!"

After talking with Zhang Zhiyuan, Su Yang also spoke on the phone with Shen Hao, the new CEO of Gaoxing Retail.

The internal anti-corruption campaign at Gaoxing Retail is about to come to an end once again. This time, the company has handed over hundreds of employees and evidence of their corruption to the authorities for investigation.

Meanwhile, hundreds of employees either resigned on their own or were dismissed or laid off by the company due to various issues!

However, this certainly does not mean the end of the company's internal anti-corruption efforts. Su Yang also saw that many employees sitting in management or key positions had moral standards below forty!
There are also many reports from employees of various companies within Gaoxing Retail, and these definitely need to be investigated further!
However, the company is indeed short-staffed, even though many employees from Jufan Holdings have been sent there to provide support. Moreover, Su Yang also needs to consider the issue of internal stability within the company.

Even though Su Yang possesses many skills in identifying talent and can recruit a large number of people from society.

Even his Xinyue Supermarket has cultivated a group of retail talents.

However, it is difficult to completely overhaul the business in a short period of time without affecting the operation of Gaoxing Retail.

All he could do was take a scalpel and cut away the festering, rotting flesh, one slice at a time!
Highstar Retail will also issue a subsequent announcement, stating that it will give its employees another month for self-reporting!

During the initial phase, as long as you confess, the company will treat you leniently!

The company's anti-corruption campaign will continue after July ends and August begins.

The company's two phases of internal anti-corruption efforts have been very effective, recovering at least a significant amount of money and even indirectly reducing staff, thus saving the company a considerable amount of expenses.

Moreover, the company actually performed better after those parasites left!
After discussing internal anti-corruption efforts, Shen Hao said in a low voice:

"Chairman, the founder of Gaoxing Retail has privately expressed some dissatisfaction with you!"

Su Yang asked in confusion, "Why?"

"It seems... because of internal anti-corruption issues, several of his former subordinates have been placed under investigation!"

"Ignore him!" Su Yang said seriously. "If Alibaba has no objections, what does his opinion matter? Gaoxing Retail is ours now!"

The founder of Gaoxing Retail sold his shares to Alibaba a long time ago. Su Yang took over from Alibaba. The two have no connection. Moreover, Alibaba took over Gaoxing Retail five years ago!

Now, Gaoxing Retail's headquarters, Jiancheng Investment's headquarters, and the five major regions of Darun Supermarket are all under Su Yang's control. There's no need to give this old guy any face!
"Good boss!"

"Also, you need to carefully design the employee benefits package!" Su Yang said earnestly. "You don't have to increase the base salary, but you need to design an incentive plan that can unleash their potential, with various awards and recognitions, service star awards, and if all else fails, give employees a share of the store's profits..."

"Uh!" Shen Hao was still taken aback by the chairman's extravagant spending. "Boss, with the company's current profits, I'm afraid it'll be a bit difficult!"

"Don't be afraid!" Su Yang said with a smile. "We can take it one step at a time. Within our capabilities, we can come up with an effective plan. Our performance this year should be better than last year, right?"

“That’s absolutely right!” Shen Hao affirmed. “The canteens in Rongcheng and Shancheng that cooperate with Jiuxiang Catering are doing very well, bringing a good flow of customers to our company. In addition, our Darun Supermarket’s supply chain system is constantly being optimized, which has saved the company a lot of costs. Our company’s online reputation has also shown a clear trend of improvement, while marketing expenses have been significantly reduced. Xiang Weixin and Xu Kaicheng are really capable!”

"What about financial investments? The returns should be pretty good, right?"

"Yes!" Shen Hao replied honestly, "I've already earned 300 million..."

All he could say was that working in finance was damn profitable!
In such a short period of time, they earned almost a year's worth of profit through financial investment companies!

"Any more questions?"

"Hiss~ It's gone!"

“Okay!” Su Yang thought for a moment and said, “Then before July 7th, send an open letter to the employees, saying that the company’s most important task going forward is to improve the welfare and benefits of grassroots employees as much as possible within its capabilities… However, due to the company’s operating profit constraints, the company can’t increase the salaries of grassroots employees by too much. The first step can only be to increase bonuses or performance-based incentives without affecting the welfare and benefits of grassroots employees…”

(End of this chapter)