Extraordinary Genius

Chapter 596 Changes in Equity (Request for Tickets)

“Hey, Dad, can I talk to you about something? ”

“What's the matter, busy, fart! Don't move. Thirty grand is bullshit! ”

Feng Yu "...” That's what you call busy, playing mahjong is also busy?

“Dad, you sold me the shares of Ice City Machinery? ”

Feng Xingtai also has shares in Ice City Machinery Company. However, it has always ignored, even the annual dividend, directly into Feng Yu's account. He even forgot that he is a shareholder in Ice City Machinery Company.

Feng Yu said, he was confused: "Isn't your son looking for a smoke? Isn't that your share already? ”

“Dad, you always have to sign a contract for me. I, Tai Hua Trading Company, have some money to transfer to you. You invest in Tai Hua Agricultural Products Company, which is expanding fast and needs money. ”

“Okay, okay, you get someone to bring me the contract, I'll just sign it, leave me alone. Eh, it's my turn, huh, six. ”

“Well, I'll have my lawyer come to you, or the old man with the beard. In the future, you will be out of office at Ice City Machinery Company, and the office will be given to someone else. ”

“Got it. You all right? How was your study these days? Do you understand what the teacher is saying?” Feng Xingtai asked.

“Mm-hmm, okay, so what, Dad, I hung up. There's something else going on over here.” Feng Yu quickly hung up the phone and learned nothing. He is still in the mainland. He did not go to Xiangjiang to go to school.

……

“Feng, can you not answer the phone every time you play mahjong, you have a cell phone, right?” Wende said with dissatisfaction. Mainly because Feng Xingtai's phone appeared to be too short of smoke, that was obvious. But only Feng Xingtai has a cell phone. Wende Kwong, the field manager, only fits the pager.

“Answer the phone. Why? Why don't you let me answer the phone? Your son said to buy it for you. You don't want it. Who's to blame?" Feng Xingtai deliberately put his phone on the table and pressed a pile of money in front of him, well, it was all a dollar or two.

Feng Xingtai is rich, but discovers that there are fewer and fewer friends. We can't talk together. He fishes every day, he just sneaks around, money doesn't last, but other people have to work to make money.

Even finding someone to play mahjong is not as convenient as it used to be. Only on weekends, find Wende Guangdong and several of their farm leaders to rub a few laps. Not to win, but to entertain.

Zhang Muhua is different, she has the entertainment method that Feng Yu found for her - cross stitch.

Cross stitching is an ancient folk craft, but at this time it has not been promoted. It was not until 05 years ago that the cross stitch began to be widely promoted. At present, there is only one place where this factory is produced, and it is mainly produced by a species called yellow plum picking flowers, also known as cross picking flowers.

Since Feng Yu brought her some of these cross stitches, Zhang Muhua became fascinated, and divided up some of the upstairs and downstairs neighbors. Everyone sat together if they were okay, while talking, embroidering cross stitches and enjoying life ~ ~

……

In three days, Li Dafu sold the company, because he was anxious to get rid of it, and the price was not high. He could have sold at least 70 million, but eventually only 65 million, to a boss who was also Jiang Zhejiang Chamber of Commerce.

After all, his company could make millions of dollars a year, and it would be a good business to have the funds to keep him expanding. In the previous life, Li Dafu was a loan + loan, which eventually grew the company, and then made a lot of money in the motorcycle business, which eventually led to the formation of the huge size of Jili Group.

I'm afraid there's no Jilly Group in this life. If there is, it's no longer Lee Dafu's decision. Perhaps the other businessmen who partnered with Lee Dafu in previous life will create a new Jilly Group.

On the face of it, Li Dafu lost money because he bought shares in Iceland Machinery, and there must be no annual dividend of 10 million. Although Ice City Machinery has a high profit margin and this year's net profit is definitely over 400 million, the dividends are only a small fraction of it, and most of it is invested in technological research and development.

Li Dafu believes that in just three years, his stock market value will double, excluding at least a few million cash dividends per year, in fact, he does not lose.

Not to mention, Feng Yu said that in the future, the company may seek to be listed, and after listing, with such a strong profitability of the company, the share price is at least doubled, or even higher. And future dividends are no longer cash dividends, but stock dividends, so that taxes are less and you earn more.

Li Dafu firmly believes that his choice is correct. If he demonstrates remarkable managerial ability in the past two years, then after the establishment of the board of directors, he will surely have a place, even listening to Feng Yu. It seems that Feng Yu did not want to be the chairman of the board, then he may have another day to run Iceland Machinery Company.

Of course, he also felt unlikely that no major shareholder would give up that right and put the company in the hands of others. Besides, even if Feng Yu is not the chairman of the board, there is also the Xiangjiang's paying boss.

What Lee Dafu didn't expect was that when he entered Iceland Machinery, his equity changed dramatically. Feng Yu persuaded Fu Guangzheng and the Ice City Government ~ to give Li Mingde and a dozen other managers some equity rewards. Together, they account for two and a half percent of the total share capital.

Li Mingde, though not yet of age, handled the retreat and ceased to be a cadre. Ice City Machinery immediately hired Li Mingde back and gave him an equity incentive of up to 0.5%. Of course, Li Mingde's salary was reduced to 500 yuan a month, but compared to the annual dividend on the shares, he didn't see that salary at all, even if it was one dollar a year.

Other factory directors, deputy chief executives of various branches, all have zero point one to two percent equity incentives, plus Feng Yu sold two and a half percent of the shares to Li Dafu, the number of shareholders of Iceland Machinery Company, more than twenty. And Feng Yu still holds about 53 percent of the shares, and is the number one shareholder!

The company also formally established a board of directors, Feng Yu, Fu Guangzheng, Li Mingde, Li Dafu and a representative of the city, became a board member, Li Mingde was elected as chairman of the board and continued to serve as general manager.

Li Dafu was also appointed as deputy general manager along with the other four people, and Feng Yu and Fu Guangzheng no longer served as deputy general managers. Anyway, they are directors of the company and can be managed as well. It's easier not to be deputy general manager.

The sudden emergence of Li Dafu surprised many people in Iceland Machinery Company. How could President Feng sell the shares to this person and let him manage the automotive business?

Li Dafu was also the boss before, and soon stood on his heels at Iceland Machinery Company, and some of his insights made a lot of people angry.

These are the last words, Feng Yu has now returned to Xiangjiang...