Those Years When I Was Forced to Top the Forbes List

Chapter 334 President Chen Never Misses a Move

The next day.

While everything in Sichuan was proceeding smoothly, Chen Xuebing led his elite intelligence unit, led by Ren Ying, to Shenzhen.

"Based on his personal experience, he has the tenacity of an entrepreneur, is also meticulous and cautious, and is passionate about charity. Mr. Kan also said that Mr. Ye has always had a very good reputation in the industry."

“I called Mr. Liu, the middleman Mr. Kan found, and he said that Mr. Ye’s golf skills are very good. Whether it’s a mountain course or a championship course, he can score 70-80 strokes without ever losing a stroke. He’s considered a master. If you want to play with him, you should at least practice until you score 100 strokes before you play on the course, right?”

Ren Ying raised an eyebrow as she said this.

Chen Xuebing closed his eyes and said calmly, "Hmm, anything else?"

"And," Ren Ying looked back, "President Lu is still following us."

A S350 followed closely behind the smoothly driving S600L.

Chen Xuebing shook his head, smacked his lips, and adjusted to a comfortable position.

"Tell him to cooperate with the auditing firm's assessment and to carry out the shareholding reform properly. I'm tired from traveling today and need to rest. I came here to see General Manager Ye and also to discuss some matters with the Shenzhen government. Before I leave, I will go back to the company for an inspection. We'll talk about it then."

"Oh." Ren Ying took out her phone from her bag and dialed Lu Weibing, who was following closely behind.

He was busy with things in Sichuan during this time, but Shenzhen's development did not stop because of his absence.

PwC's entry into Qidian marks the formal commencement of its shareholding system reform and group-based transformation process.

Shareholding system reform is a necessary process for becoming a listed company and a confirmation of a company's development to a certain stage. It transforms a percentage of shares into specific share capital, determines the value of each share, fulfills the prerequisite for issuing shares, and provides a detailed assessment of the company's value.

Once the future potential is calculated, the company can no longer be valued based on the cost method and fixed assets; its worth should increase, and then it can proceed with high-valuation financing.

For employees, group-based management brings about a large-scale adjustment of job positions and an increase in promotion opportunities.

After the shareholding reform, core employees should also receive some stock. Previously, it was difficult to distribute stock based on percentages, but after the reform, each share has its corresponding value. If the company is worth one billion and splits into one billion shares, some employees will receive 100,000 shares. Although this is only one ten-thousandth of the total shares, it sounds pretty good now.

The cost of shareholding incentives is lower, which can benefit more employees. After the company goes public, the value of the shares they hold can also appreciate significantly, which can motivate everyone to work together towards the goal of going public.

After the singularity, the incentive mechanism should reduce bonuses and increase stock options, allowing outstanding employees to become shareholders of the company.

This matter is also a key task this year.

But this is something Lu Weibing should do. Professional managers are supposed to handle these tedious details. Chen Xuebing just wants a result.

He himself had to deal with the things that the boss should have dealt with.

"Is Mission Hills Hotel a championship course? Get me a bigger tee for tomorrow."

After Ren Ying finished her call with Lu Weibing, her expression turned strange again upon hearing these words.

"You're really good at golf?"

She had been with Chen Xuebing since the construction site of Furong Village, and had never seen Chen Xuebing touch a golf ball.

This is a sport that requires skill. Beginners should first practice their swing and serve on the practice table, and then practice on the course, gradually working their way into the hole.

In official competitions, the holes are set at par 3 for short holes, par 4 for medium holes, and par 5 for long holes, based on the distance between the tee and the finish line. There are a total of 18 holes, with a total par of 72. Players play one hole at a time, and after finishing, they go to the next hole together. The final score is calculated by subtracting the par from the total number of strokes used to get into the hole. The lower the score, the higher the ranking.

If beginners and professionals play golf with inaccurate swings and shots, it will lead to endless laughs and embarrassing long waits.

Therefore, to avoid long waiting times, beginners generally need to practice until they can score 100 strokes in all 18 holes before they are eligible to compete with others.

Like Mr. Ye, the target player, whose highest score is 70, the final calculated score is 70-72=-2 ​​points. He is a red-number golfer who can score under par, which is considered a professional level expert.

Tiger Woods' lowest career score is 63. Below the under par, every stroke is an insurmountable barrier.

For beginners with average talent, if they study at a normal frequency (3-4 regular lessons per week), it will take them two or three months just to practice their swings on the tee box before they can start playing on the course. If they study sporadically, it will usually take more than half a year.

It will take even longer to get a score under 100 on the course.

When you go to play golf, you'll need to buy tee shots, irons for dribbling, wedges for slingshots, and putters. Each type of club comes in various models suitable for different distances, and each club can cost anywhere from several thousand to tens of thousands of dollars.

Even renting a pole is quite expensive.

The price dropped.

Therefore, although the cost of a single golf practice session is not an exorbitant amount that is inaccessible to ordinary people, it is known as an expensive sport for the wealthy.

Upon hearing this, Chen Xuebing twisted his arm and joked, "When I was young, I was considered a talented player. My highest score was 75. This time, let's challenge 80."

Ren Ying was speechless for a moment.

Based on her prior research, she attempted an 80-stroke golf test, a feat she hadn't accomplished in two years.
He wasn't challenging an 80-point score; he was challenging her intelligence.

But then she remembered the "humiliation allowance" in her salary and could only feign surprise:
"My God, is it that strong?"

The next day.

The Mission Hills Hotel boasts a vast 1500-acre lawn and five international championship-level 18-hole golf courses, showcasing the hotel's luxurious atmosphere.

Ren Ying and Yang Qingyue watched Chen Xuebing's steady movements in surprise. His gaze was distant, not fixed on the ball, unlike that of a beginner.

"boom!"

After the shot, the ball flew more than 300 yards, avoided a bunker, and landed steadily on the fairway, surprisingly approaching the green (the short grass area at the finish line).

—In sports, Mr. Chen never makes a mistake.

His athletic talent is no less than Chen Xuejin's intellectual talent.

"Wow!!" Yang Qingyue discovered a new world.

She had played golf with her father for a holiday a long time ago, and today she wanted to show off her skills in front of Chen Xuebing. However, Chen Xuebing hit the ball at the level of a coach on his very first shot.

Ren Ying covered her mouth, already startled.

"Great shot, Mr. Chen! You didn't just get an eagle on your first shot, did you?" The short-haired man next to him, with a sharp and capable air, praised him while adjusting his right glove, feeling a bit of pressure.

The first hole is a par 4 hole of 409 yards (1 yard = 0.9144 meters). Chen Xuebing got close to the green in one shot. If he had gotten it in two shots, he would have reduced his strokes by two and scored an eagle.

Of course, in a high-level golf match, more than half of the strokes occur on the green, and close shots are the key to victory or defeat.

"I used to enjoy playing billiards. I was good at the break and putt, but I couldn't do the distance shot."

Chen Xuebing chuckled, handed the teeing club to the caddie, and stood by waiting.

When Ye Yuanxi picked up his exquisite wooden club to tee off.

He suddenly spoke up, putting pressure on Ye: "Mr. Ye, how about we bet on the first hole? If you're not as close to the green as I am, then supply me with the renovation materials at my price."

After saying that, he felt the pressure wasn't enough, so he added, "Half cash and half commercial paper, with the commercial paper redeemed in one year."

Ye Yuanxi's lips twitched, and his hands, which were used to holding a golf club, became even more nervous.

A commercial bill is just a blank check, isn't it?
Although his Guangtian Group is one of the top decoration companies in the country, it has never done business in Sichuan. It also has to accept orders at 90% of Vanke's price and pay half of the commercial bill.
"Mr. Chen, you've gone too far!"

As he uttered the last word, he expertly swung his club, giving Chen Xuebing no further chance to influence him.

Chen Xuebing watched the ball fly out in a perfect trajectory, chuckled, and quickly corrected himself: "Just kidding." The ball seemed to be flying towards the sandpit.

Mr. Chen flicked his hairpin again, saying, "Mr. Ye, don't you dare?"

The ball landed in the sandpit obstacle area.

Ye Yuanxi's wheat-colored face was now a little dark, but he remained calm and said slowly, "The price is too low. We need to find raw materials near Sichuan for processing and supply before we can make a profit."

"Mr. Ye should ask me about myself. People who work with me never suffer losses. This applies to finance, technology, and real estate."

After saying this, Chen Xuebing leisurely admired the scenery as he walked 300 meters away, and the caddie quickly followed with ten clubs on his back.

Traditional golf emphasizes walking, and some established courses even prohibit vehicles. This is not a mountain course, and the two did not arrange a golf cart. They planned to play while walking. A round of golf takes several hours, giving everyone ample time to think and negotiate.

When they arrived at the second spot, Ye Yuanxi wanted to go first. He switched to a wedge and lobbed the ball high into the green from the bunker.

We've reached the short grass, a very advantageous position. As long as we don't make a mistake, it's a birdie (one ball under par).

Ye Yuanxi laughed, his hearty laughter spreading in all directions.

"It seems that we don't necessarily have to be in a favorable situation. As long as we act steadily, there is still hope!"

Chen Xuebing smiled, asked the caddie for an eight-iron, and swung it.

His ball landed a little further from the hole than Ye Yuanxi's.

Both players continued to use their putters to finish the game, sinking their shots on their third shot for birdies.

Then, without haste, they moved on to the next hole.

Chen Xuebing, unusually, didn't say a word for the first three holes, focusing solely on the game, during which Ren Ying handed him a phone call.

It was Liu Chuan calling. Today was the founding gathering of the China Entrepreneurs Club. Liu Chuan put the call on speakerphone and asked Chen Xuebing to give a few words of congratulations.

Chen Xuebing didn't think the person on the other end really wanted to hear his boasting; he simply offered a few words of congratulations and then hung up.

Ye Yuanxi was certainly aware of the China Entrepreneur Club. It was a high-barrier gathering, a chasm he could never cross. Even if his company went public, it would be almost impossible for him to make it onto the list.

His industry ceiling is too low.

Realizing that President Chen had postponed such a grand event to come today, he became much more proactive.

"Mr. Chen, now that you've completed over a million square meters of work in Sichuan, what are your next plans?"

Chen Xuebing smiled faintly: "The more than one million square meters is land, not the prefabricated area. The area of ​​the high-end decoration I give you will be at least double. After completing this, I will still have one million square meters of land in Qingbaijiang, Chengdu. And this is just practice. Next year, my development volume will increase tenfold, at least tens of millions of square meters of land."

Ye Yuanxi took a deep breath, wanting to refute something, but he couldn't bring himself to say it.

He works in decoration.

They came to him because they wanted to buy a fully furnished apartment.

A multi-million square meter fully furnished apartment building—not even considering the land price and the difficulty of acquiring the land, the construction and installation costs alone must be tens of billions, right?

Even if you have a great personal reputation, you're still just a newcomer.

Chen Xuebing, of course, knew what Ye Yuanxi would think, and slowly explained:

"Funding might be a problem for others, but for me..."

"We hold five financial licenses: banking, securities, trust, insurance, and funds. In private equity, we have the highest returns nationwide. We have an exclusive partnership with Yufu Capital, the major shareholder of Southwest Securities and Chongqing Bank. We have already obtained a trust license. In the next two years, we will invest in two to three banks and take a controlling stake in one. With our own banking channels, we will then open our own insurance company. Before 2010, we will have a full range of financial licenses."

"With financing and investment capabilities, we will exceed 100 billion within a year."

Ye Yuanxi may not know how strong he is, but he has enough patience to explain exactly where his strength lies.

He has already gained some initial prestige in Sichuan, but he still needs someone to take the lead in negotiating prices with all the suppliers.

Nowadays, there are many people in the building materials industry with a million-dollar business, but few with a ten-million-dollar business, very few with a hundred million-dollar business, and extremely rare with a billion-dollar business.

Mr. Ye's Guangtian Decoration is worth over a billion.

If it goes public in a few years, it could even reach the 10 billion mark.

In the construction industry, especially in the supply of materials, there aren't many smart people working there. To put it bluntly, after the real estate industry saw the introduction of loan and pre-sale housing policies a few years ago, those with sharp minds all went into the real estate business themselves.

Those who remained were mostly physically hardworking but mentally exhausted.

Everyone has a herd mentality.

It's all about momentum.

With industry leaders taking the lead and providing support, it becomes much easier to manage those below.

Moreover, Chen Xuebing's understanding of this General Manager Ye goes far beyond the information provided by Ren Ying.

This Mr. Ye was a staunch supporter of Mr. Xu in his previous life. He was known for his excellent engineering quality and his loyalty.

During Evergrande's listing crisis in 2008, he advanced 300 million yuan for renovation costs for Evergrande.

The two companies became deep strategic partners, and Ye Yuanxi also invested 1 billion yuan in a material production base specifically for Evergrande.

The quality of Evergrande's real estate is partly due to him.

Later, when Evergrande attempted a secondary listing to raise 1300 billion yuan, he voluntarily subscribed for 50 billion yuan.

During Evergrande's crisis, he also advanced billions of yuan for renovation costs for Evergrande.

Until Evergrande collapsed, he was swindled out of more than 10 billion yuan, which was almost all of Guangtian's assets.

It's disheartening to see such a loyal supplier end up like this.

Currently, Guangtian has not yet started cooperating with Evergrande, and Chen Xuebing has just entered the industry.

What reason would he have not to snatch this CEO Ye into his arms?
At this moment, Ye Yuanxi hesitated, and his shot went wide, sinking deep into the sand pit.

Chen Xuebing, however, had already strolled leisurely toward the green.

Sunlight filtered through the palm trees, dappling the lawn and casting long shadows of the two men, like invisible chips in a contest.

"Mr. Chen, the commercial paper redemption period is too long, and our cash flow can't hold up." Ye Yuanxi wiped his sweat, swung his club to get the ball out of the bunker, but was still half a stroke behind.

He has time to verify the strength the other party claims to possess, but the conditions they are currently proposing are rather harsh.

Chen Xuebing chuckled and took the putter from the caddie: "President Ye, Guangtian's net profit last year was 3.2 million yuan, and the cash on hand is enough to cover short-term debt. What you're afraid of isn't the commercial paper, but that my name, Chen Xuebing, isn't strong enough."

He bent down to putt the ball, and the white ball traced a precise arc, sinking steadily into the hole.

"But I can tell you, my commercial paper has interest, it's not the kind of IOU that you're thinking of that you can just cash out when it matures, it's going to appreciate in value, and in the future my commercial paper will be more valuable than the stock of some listed companies."

“I pay 5% interest on other people’s commercial drafts, but I pay 7% on yours.”

(End of this chapter)