Chapter 301: Gold and jade on the outside, but ruins on the inside
Messy is messy, and things have to be done.
Qiu Yong took the task assigned by Xu Qingshan and went to find someone for help.
He was a dignified dean of one of China's top universities, but he was actually manipulated in this way by a 19-year-old young man. If word spread about this, it would probably make people puzzled for a long time.
It's just that Qiu Yong didn't feel anything in his heart, but was very interested.
As an engineering scholar, he was very curious about how a young man like Xu Qingshan, who was so academically successful and possessed such talent, would perform when he needed experience and mental games.
While Xu Qingshan went back to the hotel to sort out information and documents, and Qiu Yong went to find someone to investigate Suntech's internal operations, someone had quietly found another hilltop among Suntech.
An ordinary-looking man stood nervously waiting outside the door of a villa.
It seems that he is waiting for the summons from the owner of the villa.
Not long after, there was a sound from the doorbell, a servant came over and opened the door, and the man entered the villa cautiously.
But even after entering the villa, he couldn't even enter the lobby.
The servant led him all the way to a small pavilion by the garden of the villa. The owner of the villa was wearing sunglasses and shaking a glass of red wine, seemingly enjoying life.
But only the servants in the villa knew that Mr. Tang, who was away from Liangxi all year round, actually didn't drink at all. The action of shaking the red wine was really just shaking the red wine, the same as other people dishing walnuts.
"Cao Xiaorong, does Shi Zhengrong know that you came to see me?"
Mr. Tang was shaking the red wine glass but not drinking. He had been doing this for almost half an hour.
Cao Xiaorong, who stood aside cautiously, shook his head.
"Mr. Tang, he doesn't know. The main reason is that people from Huaqing came to Shangde today. A lot of things happened. I thought I should come and report to you."
Cao Xiaorong held his hands in front of him with a very respectful attitude.
"Report to me?"
Mr. Tang put down the red wine glass, sneered, stood up and walked to the edge of the pavilion, looked at his garden through his sunglasses, and asked with a smile.
"You, Cao Xiaorong, have worked at Suntech for so many years. If I remember correctly, you came to Suntech in 2003. In seven years, you went from a small salesperson to your current sales director. In theory, , you should be a direct descendant of Shi Zhengrong, why did you come to me to report?”
After Mr. Tang finished speaking, he turned his head and looked at Cao Xiaorong.
Even though he was separated by sunglasses, Cao Xiaorong still felt the teasing and scrutiny in Mr. Tang's eyes.
He came here to express his sincerity this time. Based on his previous resume and identity, he was indeed promoted by people from Shi Zhengrong's family. In fact, this was inevitable.
You should know that when Liangxi Suntech was listed on the New York Stock Exchange on December 14, 2005, it was in the name of Suntech Power Holdings Co., Ltd. registered in the Cayman Islands.
Not to mention Suntech Holdings’ various international cross-shareholding operations in order to meet listing conditions, as well as the cross-shareholding behaviors of various subsidiaries distributed around the world.
Let’s just talk about the relationship between Shang De and Shi Zhengrong.
In terms of ownership structure, Shi Zhengrong holds 54,699,779 shares of Wuxi Suntech, accounting for 30.4%; while Shi Zhengrong’s family-owned private company D&M Technologies Limited registered in the British Virgin Islands holds 53,199,779 shares, accounting for 29.5%.
It can be seen that Shi Zhengrong is the largest shareholder of Wuxi Suntech.
Coupled with his status as the founder, Shi Xie became the dominant family within Liangxi Shangde.
In fact, the real main body of Suntech companies around the world is still in Liangxi Suntech, and Shi Zhengrong is also resident in Liangxi Suntech. This also leads to the fact that Shi Zhengrong is in sole control of Suntech, at least on the surface.
"Mr. Tang"
Cao Xiaorong looked at Tang Jun flatteringly and begged for mercy in a low voice.
"You don't even have this confidence, so how dare you come to me?"
Tang Jun sat back in his seat and looked at Cao Xiaorong with a strange expression.
"Do you know who you are? What is my identity? Shi Zhengrong and I had a falling out. I patted my butt and left. What about you?"
Tang Jun's words made Cao Xiaorong's expression change again and again.
After thinking for a moment, Cao Xiaorong spoke with a troubled expression.
"Mr. Tang, mainly because of Shi Zhengrong, he is not someone who can run a business."
When the opening was opened, all the water that had been blocked poured out.
Cao Xiaorong also had a lot of complaints about Shi Zhengrong.
"Mr. Tang, you know, five years ago we at Suntech were actually doing well, even a relatively good start-up company. However, as a result, the stock price rose crazily and doubled wildly. In five years, Shi Zhengrong went from being the CEO of a start-up company to A small shareholder suddenly became the new richest man in China.”
"On the day of listing, Shi Zhengrong said that from now on, he would never earn a penny again, he would just spend it. Later, he spent US$200,000 to charter a business jet to attend events and hired six bodyguards for personal protection. There are a lot of real estate, luxury cars, and various brand-name luxury goods”
"I think you know all this."
Cao Xiaorong said with dissatisfaction on his face.
But Tang Jun just looked at him expressionlessly and then added simply.
"I know it clearly, but as far as I know, after Suntech successfully raised funds and was listed in New York, the entire company's executives and related personnel were all excited about this sudden surge in wealth, right? Wow!"< br>
Tang Jun gestured with his hands to make fireworks explode in the air, and even added his own voice.
"Your exclusive expenses in the regional market are several times or ten times higher than those of similar photovoltaic companies. Especially if you are the sales director, you should know better that every year, instead of RMB 5,67,800 million, RMB 300,000 is passed through your hands. Four hundred million?”
Tang Jun's words were filled with sarcasm.
"I still remember that before Shi Zhengrong kicked me out of the board of directors, Suntech was going to the capital to hold an event. What did he say?"
Tang Jun looked at Cao Xiaorong, who hesitated.
Tang Jun just felt bored and asked and answered himself.
"He said, just book the Diaoyutai State Guesthouse directly."
"Everything is sourced from the best."
"Moreover, Dong Shi himself keeps all the luxury cars in the company, such as Mercedes-Benz, Land Rover, and Rolls-Royce. He basically uses different cars for different occasions. When he went to Davos before, it was not the same outside. Are there rumors that he spent 200,000 yuan to rent a private jet for himself? I can confirm that the rumors are wrong. It was not 200,000 yuan, but 400,000 yuan, because it was used for the return trip.”
Xiao Qin sat in front of Qiu Yong and spoke honestly, feeling a little sad when he spoke.
"Is it so luxurious?"
Qiu Yong paused, a little curious and frowning.
I am curious about how Shi Zhengrong quickly changed from a technician to such a spendthrift. I frown because this is undoubtedly the possibility that Liangxi Shangde's business situation may have problems.
"Maybe it's more exaggerated than what I said."
Xiao Qin retracted his legs and carefully looked at the unsmiling and specially decorated middle-aged man sitting next to Qiu Yong. In front of this man, he not only did not dare to tell lies, but also had to take the initiative to tell everything he knew. "Our company. No, Suntech's various expenses are relatively high. For example, the IT department spends more than 100 million yuan a year. Management salaries are higher: front-line managers, such as The salary of directors is 2 to 3 times that of other peers, and the salary of management in higher positions is even 5 to 6 times that of peers.”
Xiao Qin thought for a while and gave an example.
"For example, the Zhang Wei you mentioned is the director of the product department and the head of the R&D team. His salary is almost eight times that of his peers because he especially listens to Director Shi."
"There is also someone who is richer, probably sales director Cao Xiaorong. He is also a direct descendant of Director Shi. His salary is almost 6 times that of his peers, because they hold relatively important positions."
After thinking for a while, Xiao Qin mentioned another thing.
"Actually, Zhang Wei is not really the R&D director. The person who is really responsible for product R&D should be Director Huang Wei and Honghuang in the workshop. She is the director of the quality department, but the salary in their quality department is relatively low, similar to that of her peers. However, the working hours and pressure will be greater than those of peers.”
"Is that so?"
Qiu Yong nodded and continued recording.
He said that Shi Zhengrong's attitude was not quite right. No wonder Liang Xi Shangde was getting worse and worse. If it weren't for the fact that Liang Xi Shangde's creditor was the state, Qiu Yong probably wouldn't have come here.
However, in order to support the development of Liangxi Suntech, the national and local governments gave great support and help to Liangxi Suntech because of its flexibility and reputation accumulated in overseas markets, but the result was this.
Shi Zhengrong, Shi Zhengrong.
Qiu Yong sighed helplessly in his heart. He felt it was extremely pity for a technical person and intellectual to be so willing to degenerate.
Others may not be able to say this, because after all, they don't know whether they can resist the temptation when faced with the same wealth as Shi Zhengrong.
But for Qiu Yong, he is really qualified to say this.
Not to mention anything else, there are countless top international companies that want to poach him from Huaqing, and the salary offered is astonishingly high, plus the various patents and bonuses in his own hands.
If Qiu Yong wanted to, he could even buy a private jet reasonably and legally.
Of course, it is not that difficult to buy something like a private jet, but it is more difficult to maintain it. The purchase-to-maintain ratio is much higher than that of a car.
"So are there any factional struggles and major changes in the board of directors within Liangxi Shangde?"
Qiu Yong thought for a while and asked a few questions Xu Qingshan added to himself.
Xiao Qin swallowed and nodded when he saw the man wearing special clothes leaning over the table with his elbows on the table and his chin on his head as he thought.
"The factional struggle is actually not very clear. It's quite complicated, but there is indeed internal fighting at all levels. But in the end, everyone's faction should be regarded as Shi Dong's faction, right? But Shi Dong seems to like to see this kind of thing. The various operations of competing for the top position are even a bit like watching a cricket fight.”
"If the board of directors changes, it should be that in 2007, Mr. Tang was kicked out of the board of directors because of some dispute with Shi Zhengrong, right? But I heard that Mr. Tang's shares are still there, but there is no ”
Xiao Qin said uncertainly.
The man beside him spoke.
"Be a little more serious, be less subjective and try to be objective."
"Oh, oh, okay, uncle."
Xiao Qin straightened his back a lot and answered obediently.
After he answered all Qiu Yong's questions, he didn't dare to leave. He waited for Qiu Yong to finish tidying up and nodded for him to leave. Then he quickly left the room, followed the organization's arrangements, and went to work as usual, never mentioning this time. event.
Of course he couldn't mention it. If Shi Zhengrong knew that he had sold everything about the company's internal situation, would he still be torn apart by that old lion?
"Captain Jin, thank you for your hard work."
Qiu Yong smiled gently and shook hands with the middle-aged man beside him.
"The duty lies."
Captain Jin's unsmiling face showed some smile, a little stiff, but not false.
Qiu Yong found Xu Qingshan with the contents he had recorded.
Xu Qingshan watched while chatting with Qiu Yong about Liang Xi Shangde's situation.
"When it was listed, it was only US$15 per share. In 2008, it went straight to US$88 per share. Although the real business data has begun to lose money, the market value has increased six times compared with three years ago. No wonder Shi Zhengrong is so crazy. .”
Xu Qingshan casually recorded and connected them on the blank paper he prepared.
“Actually, if you just want to do photovoltaics, you don’t need to consider Suntech at all.”
Xu Qingshan slightly revealed to Qiu Yong his desire to be able to control Shang De.
Although Qiu Yong found it incredible, he did not say that Xu Qingshan was wishful thinking.
Because if the final investigation results of Liangxi Shangde come out as they wish, and they get support from creditors, namely the National Development Bank and other major banks, then Liangxi Shangde is likely to change from a private enterprise to a state-owned enterprise. After it was finally returned to the country, it was not impossible for Xu Qingshan to make suggestions and make decisions.
It would also be okay for him, Qiu Yong, to give advice and make decisions to state-owned enterprises related to his research field.
This is the hidden transcendence.
Of course, this also requires a deep network of relationships and connections.
But these things are not lacking for Xu Qingshan, who is rising in the morning sun.
“On the one hand, I don’t really want to do photovoltaics for a long time. On the other hand, the overseas market cannot be done in a short while. It requires deep-rooted relationships and long-term supply capabilities, product reliability and Innovative technology is also an important link. The shell of Liangxi Suntech is still there, and some parts such as component manufacturing capabilities are still very healthy. At least the integrity of the front, middle and back offices is very strong.”
Xu Qingshan stopped at a page in the record and said.
“And what I want is not just production, but also Suntech’s external channels.”
"Wait a minute, what's going on with Tang Jun?"
Xu Qingshan was stunned for a moment.
"Let me see."
Qiu Yong took it and took a look at it.
"What happened to him?"
"Isn't Tang Jun the president of Microsoft's Huaxia Company? He later went to Shanda as a director and consultant, and now he goes to Xinhuadu? How come he appears on the list of former board members of Liangxi Shangde?"
Xu Qingshan only saw the name.
Just Tang Jun from Jiangnan Province?
Tang Jun from Zhongwu in Jiangnan? Right next door to Liang Xi, isn't this really the working emperor Tang Jun with a daily salary of 500,000?
Or is it the same place, the same ancestral home, and the same name?
Before Xu Qingshan said anything, Qiu Yong asked someone to help him get information about Shang De Tang Jun.
After getting the information, Xu Qingshan suddenly realized it after reading it.
(End of chapter)