Chapter 59 059 [Tidying up Paramount]
Bai Jinyan can reach the position of director of a securities company at a young age. Naturally, he is not a stupid person. Xiao Yurangang’s words are unclear. Although It was not easy to guess the identity behind Luo Qihong, but it was difficult to determine after all, so she pretended to be enthusiastic and got close to Xiao Yuan, hoping to get some useful information.
Xiao Yuanrang didn’t want to take advantage. Bai Jinyan was a famous rose with thorns at Sun Hung Kai Securities. He also wanted to use Bai Jinyan’s relationship with Luo Qihong to maybe get some business, because he felt that Luo Qihong This person is not simple.
"Luo Sheng acquired a listed company and just invested 1 million in the stock market." Xiao Yuanrang chuckled, but his eyes were fixed on the expression on Bai Jinyan's face.
Bai Jinyan was just stunned and returned to normal in an instant, saying, "A Hong has always been very capable. It is not surprising to acquire a listed company."
Xiao Yuanrang finally saw that the relationship between Bai Jinyan and Luo Qihong was not that good, and he breathed a sigh of relief. The relationship between the two was too familiar, and they might lose Luo Qihong as a client.
"Okay! I won't chat with you anymore, I still have some work to do."
Looking at Xiao Yuanrang's leaving figure, the smile on Bai Jinyan's face disappeared, and his expression became gloomy Come on, this needs to be done slowly and not in a hurry.
The headquarters of Paramount Restaurant Company has 54 employees, divided into 5 departments: Administration Department, Finance Department, Property Department, Catering Department and Development Department. The largest number of people is the Catering Department, with 15 people, accounting for 15% of the headquarters. 28% of the people, nearly 30%, the smallest number is in the Finance Department, with only 4 people, and the most idle person is in the Development Department, who works and waits for get off work.
Luo Qihong does not plan to fire anyone, except those disobedient employees who think Xu Haizhi can make a comeback.
Therefore, Luo Qihong convened a meeting with managers from five departments.
Luo Qihong sat in the front seat and looked around at the five managers. "You all know the company's situation, so I won't talk nonsense. The most important thing at the moment is to solve the company's debt problem. The board of directors has approved it. The resolution is to sell assets to repay debts, but the company’s properties all have mortgage agreements. Apart from the land in the New Territories, do you have any good suggestions?”
The five people looked at each other, and none of them spoke first.
Seeing this, Luo Qihong could only name him, "Manager Su (Su Qishan), does the development department you chair have any channels to sell these lands?"
The square-faced Su Qishan was confused. After a while, "Most of the New Territories land owned by the company is located near the edge of new town planning. Many real estate developers are not interested in these lands. At that time, the company's plan was to reserve these lands."
Luo Qishan interrupted Su Qishan's answer, "Just tell me if you have it. There is no need to talk about so many past events."
Su Qishan shook his head, "The development department has no channels to sell land."
"I know that you are all members of the former chairman, Mr. Xu Haizhi. It's not that I can't find anyone to replace you, but I don't want to make a big fight. The rules here are very simple. Those who are capable will go up, and those who are not will be removed." Luo Qihong started to get angry. So, if you can’t handle the work you’re doing, I’ll have to hire someone else.”
Paramount Company is not a big company, it’s a small company with the word “IPO” on it, so it’s hard to find another manager. Able to master the work and management of the department in a short period of time.
Hearing this, their minds became active. They were not fools. Luo Qihong had great power, and firing them was just a matter of words.
Those things that encourage all employees to resign are all lies. First, they do not have such great influence. Second, employees have families and homes, so can they really be hot-headed?
There is only one way before them, to submit to Luo Qihong and do things according to Luo Qihong's rules.
"Boss, I can give it a try and try to sell the land in the New Territories, but the price may be lower and there will be a loss." Su Qishan thought for a moment and decided to surrender quickly.
“The maximum loss is 15%, which is 15% of the current market price.” Luo Qihong calculated that the current land price has increased by about 11% compared with when he bought it. If he sells it at 85% of the current market price, he will still lose 6.5%. .
This figure is acceptable. If all those lands are sold, more than 10 million yuan of funds can be recovered and 27% of the debt can be cleared. "Yes, I will try my best to sell it!" Su Qishan said.
Luo Qihong glanced at everyone and said, "No, I will give you a week to sell the first piece of land, otherwise I will replace you. The company cannot wait for anyone."
"Manager Kang (Kang Wenyi), you are the manager of the catering department. The catering industry has suffered a lot of losses. Do you have any suggestions to save it?" Luo Qihong put his fingers crossed on the table and stared at Kang Wenyi and asked .
Kang Wenyi holds the largest department of Paramount in his hands. He believes that the affairs of the department cannot be clarified by outsiders at once, but he is not a fool and will not directly get into trouble. "Luo Sheng, You don’t know, but the competition in the catering industry is huge. It’s not easy to maintain the current turnover. I really have no way to change the status quo.”
Luo Qihong sneered, Kang Wenyi was challenging him in person. , "Okay, in that case, I will find buyers for those tea restaurants as soon as possible."
If you can't figure it out, then just cut the firepower. Anyway, Paramount needs funds to repay its debts.
"." Kang Wenyi was dumbfounded and sold it after a disagreement, but he quickly adjusted, "Luo Sheng, has the sale of the tea restaurant passed the board of directors?"
"Don't Manager Kang know that I already hold 49% of the shares?" Luo Qihong continued, "If you want to stay, just do what I say. I won't force you to do anything you don't want to do."
Kang Wenyi began to die down. He could not be stubborn and sat in his seat thinking about countermeasures and options.
Luo Qihong no longer paid attention to Kang Wenyi. He would take over the sale of the tea restaurant himself. He did not need to pay too much attention to Kang Wenyi's thoughts. He turned to the property department manager Zhao Kai and named him, "Manager Zhao, the property department must do a good job in dealing with the situation." For the evaluation of the properties under my control, I need to know which properties are high-quality assets, how much the loan is, how much money can be recovered, etc. The report will be handed over to me within a week.”
Zhao Kai was very knowledgeable, "Yes! I will follow up personally and try to submit the report to you within three days."
Luo Qihong named the Administration Department and the Finance Department in turn, tapping them all to avoid showing up in a short time. question.
In the next few days, Luo Qihong has been running around. Since the property of the tea restaurant is still mortgaged by the bank, the buyers took the opportunity to lower the price, floating between 20% off. Naturally, he was unwilling to do so. Discount sale.
The current local market is still in peak season, so how can you lose 20%, but having a bank mortgage does give buyers a huge excuse to lower the price.
Luo Qihong also began to give up gradually, wanting to wait for the funds from the land and the stock market to return, and then unbundle and sell the tea restaurant properties.
On March 16, Monday
The stock market opened in the afternoon, and the stock price of China Bus Company surged, with the stock price soaring from 18.1 yuan to 22.7 yuan.
The reason is that Huang Yaonan, the second largest shareholder of China Bus Company, sold 8.35% of his shares to Athlone, a company newly established by Bailibao Investment Company, at a price of 25 yuan per share.
According to Huang Yaonan’s selling price, CMB’s stock price will soon rise to 25 yuan. Of course, this is not the end of the stock price, but the starting point.
The Yan Chengkun family, the largest shareholder of China-Brazil Company, holds 28% of the shares, while Athlone only holds about 20% of the shares at this time, a difference of 8%.
In fact, the Huang family and the Yan Chengkun family originally had a good relationship. Unfortunately, in order to develop the family industry, the Huang family cashed out a large number of CMB stocks, and the Yan Chengkun family took the opportunity to absorb them and became the largest shareholder of CMB.
Yan Chengkun is a domineering person. With enough capital, of course he is not willing to share the control of CMB with the Huang family, so the Huang family begins to lose power on the board of directors of CMB. Yan Chengkun dominates the board of directors, and the conflict is deepening day by day. .
(End of this chapter)