Spring Breeze Twenty Years

Chapter 929 Holding Company

After talking with Xie Xiaolong, Xiaowei went upstairs.

Upon arriving on the thirty-third floor, Xiao Wei asked the secretary and learned that Chen Hui and Li Wen had gone to Zhongjie. Thinking of the girl's personality, Xiao Wei smiled and shook his head. He walked to the floor-to-ceiling window and stared blankly at the still-leveled land below for a while.

That's how people are in society. In fact, everyone is pushed forward by things. Except at the beginning, no one can have a plan for every step or a schedule at all times. That's simply impossible. At most, you can have a general direction.

In this process, what people need to do is to continuously solve problems as things progress, weigh the gains and losses, constantly identify problems to improve management, and carefully manage personnel. Doing things, like being a person, involves constant choices; no one knows what will happen next.

Having come this far from being a clueless country boy, Xiaowei is actually quite insecure. That's why he keeps learning from everyone, reading books, and doing everything he can to absorb knowledge from all aspects to enrich himself.

He knew perfectly well that it was all due to luck.

He was grateful that he had met Xia Maosheng and Chen Hui at the local time; perhaps this was fate.

No one can fathom the workings of fate, but as our ancestors said, birds of a feather flock together; people of similar character will meet people of similar character. This is destiny, this is fate. Although there may be some errors, overall it won't deviate too much.

What he didn't know was that he should be grateful for this era, this last period of simple and honest times in the long river of history. With the free flow of information and rapid economic development, people's faith is slowly dissipating, and the supremacy of interests and the decline of moral bottom lines will gradually make this society cold and cruel. People's hearts will gradually become unpredictable, self-interested, utilitarian, and irresponsible.

After standing for a while, Xiaowei walked behind his desk, picked up his large notebook, and mentally organized and planned what was currently going on.

As I wrote and drew, time passed little by little.

As soon as the office door opened, Chen Hui and Li Wen walked in.

"What are you busy with?" Chen Hui walked over, plopped down on the desk, and tossed Xiao Wei a cigarette.

Xiao Wei looked at Li Wen: "So, are you satisfied with the tour?"

Li Wen said, "So, I'll be using that half-floor from now on, right? After the trade city moves away."

Xiao Wei nodded and said, "Yes, that was originally reserved for your office, but there's really no space available here in the trade city, so we'll have to make do with this for now."

Li Wen said, "I knew you wouldn't be so stingy. Arrange a car for me. I'll drive around tomorrow, and then visit the various cities below to get a feel for things. Where should I stay?"

Xiao Wei pointed outside: "Just pick any of those buildings. Go ask Li Na if you want to be neighbors with them. We'll move in officially once this place is finished. Just make do for now."

Li Wen agreed and ran downstairs to find Li Na.

Xiao Wei closed his notebook and said to Chen Hui, "I just chatted with Brother Long for a while. The instant noodle factory might need to be brought up separately. We'll discuss the specifics when he gets back from Tianjing. I've been thinking about it, and I think we need to make some internal adjustments. Call Geng Hui over."

Chen Hui pointed to the phone and said, "Why don't you just call her office? Do I have to go all the way there?"

Xiao Wei glanced at Chen Hui but didn't say anything. Chen Hui nodded, "Okay, I'll go call him." He got up and went out to call him.

Xiao Wei thought for a moment, then pulled out a copy of the company's provisional regulations from the bookshelf behind him and began to read them.

A moment later, Chen Hui and Geng Hui walked in. Geng Hui asked, "What's up? I'm at the accounting books at the nuclear trade city with Aunt Wang. Manager Zhang handed over the books."

Xiao Wei stood up, and the three of them sat down on the sofa by the window. Xiao Wei said, "Today I talked to Brother Long about building a separate factory for instant noodles. I thought about it when I got back, and I also looked through the company's regulations. I have some ideas to discuss with you two."

Chen Hui asked, "What's wrong?"

Xiao Wei said, "Now that our business is getting bigger and bigger, I think we need to make a plan: what to develop, what to maintain, and what not to do. Otherwise, if we continue like this, we will collapse in another two years because we simply won't be able to keep up."

Another issue is our shareholding structure. I'd like to change the headquarters into a holding company, consolidating all the shares we hold in the subsidiaries, and then having the head office control all the subsidiaries and factories. Shareholders like Hongliang, Lao Xu, and Lao Wu will retain their shares in their original companies.

Then each company will contribute a small portion of its shares as management stock. Whoever manages the company will receive dividends—only dividends, no other rights. And then, shall we establish an equity incentive system, like for someone like Brother Long, who performs well and has been with the company for a long time, giving them some shares as a reward?

Geng Hui thought for a moment, then nodded and said, "From a long-term perspective, this is a good thing. The equity structure is clearer, and financial management is much simpler. I agree. I also agree with your suggestion of equity incentives. To ensure loyalty and hard work, a redistribution of benefits is necessary."

Chen Hui put his legs on the coffee table, lit a cigarette, and said, "Okay, let's do it. I've wanted to do it for a long time. To be honest, with so many companies now, calculating how much this takes up and how much that takes up is giving me a headache. I can't stop doing it."

Xiao Wei said, "Let's stop here for now. You guys go back, Geng Hui and your Lao Xia can discuss it, and Xiao Hui, you can ask my aunt and get their opinions. Especially my aunt, she's much more professional in finance than we are, so we should listen to her advice. As for business matters, you can ask Uncle Chen; he's more comprehensive and has a longer-term vision than we are."

Geng Hui said, "Actually, things are fine as they are now. Using the shopping mall to drive real estate development should be our main business in the future. The food factory and cake shop should develop steadily; there aren't any major problems with that area. As for the restaurant..."

She glanced at Chen Hui and said, "Our family isn't in there. I'd like to add something: this is actually the business with the most uncertain direction and prospects of all our businesses. There are too many uncertainties, so I don't recommend that you expand aggressively."

Chen Hui waved his hand and said, "Back then, I asked Lao Xia to come in, but he refused, so I didn't join the food factory either. Xiao Wei's suggestion is good. We can collect all the shares and discuss it from the head office. What's yours and mine is all ours. Isn't that great? It's so straightforward. We should have done it this way a long time ago."

Xiao Wei said, "Back then, I didn't expect things to develop so quickly. To be honest, I was under a lot of pressure, but given our current situation, we can only move forward. So I thought we needed to unify the equity structure to avoid future troubles. Also, the financial system needs to be strictly established. I'll leave this to Geng Hui; you and Attorney Liang should discuss it more."

Geng Hui nodded.

(End of this chapter)