Wuliang Advertiser

Chapter 510 Corporate Governance

Wu Liang rushed back to Los Angeles from the capital, and the boats and carts were too busy to go to the provincial capital with Old Man Sun.

Besides, based on his shallow understanding of officialdom, he would understand that he might not be able to see the big leaders after he went, especially since this is 2004.

According to the historical process, the current leader will soon be transferred to the Eastern Ruhr province where Ben Thanh is located.

Wu Liang once wondered if it was because he lifted the lid in Bencheng that it affected the future second boss.

Sure enough, as Wu Liang expected, Old Man Sun reported at the boss’s house for ten minutes. Wu Liang didn’t even have the qualifications to enter the door. If it weren’t for Wu Liang to tell Old Man Sun in advance, “When you see the leader, by the way, the Tianxi incident is How do you plan to deal with your statement?"

Old man Sun asked suspiciously at the time, "Don't you know something, don't you kid?"

Wu Liang chuckled, "I've come here, so I have to see each other, or else people say that the chairman of me is also puffy?"

In the end, the big boss met with Wu Liang and Zhou Yushun to learn about Tianxi’s case and set the tone for the molybdenum mine. “Young people are determined and confident to help Guojia discover such a large mine. I can't treat you badly either."

Wu Liang's smiling face instantly became wonderful, and he deliberately questioned "What does it mean to help Guojia prospecting?", after thinking about it, he didn't say anything.

He saw the weird smile of Old Man Sun, he sighed in his heart, his body is too weak, and it is a blessing to be able to get a part of it. It is hoped that the model like Shenmu's 100 billion prospecting. Quan can not be able to do it after all. Yes, but if you lose or not lose, he will also express his stance, and his attitude will determine the height. "It is understandable for a businessman to pursue profit, but we still understand the truth and do not do things that will harm the country."

Even if it is to leave a good first impression for the leaders, Wu Liang's trip today is worth it.

After leaving the compound, Old Man Sun asked where Wu Liang lived. Wu Liang thought about it and explained, "If you are not used to staying in a hotel, let's go back to Los Angeles!"

Old man Sun smiled, "Don't want to know the share composition of the mining company?"

He didn't say, Wu Liang didn't want to be extremely greedy, even though it was a mineral of hundreds of billions, he looked up to the sky and didn't answer the question, "You don't want to use our company as a pilot, do you?"

Old man Sun looked around, "This is not a place to talk about things, Xiao Zhao booked a room at the Xincheng Hotel, and have two drinks together?"

The elder didn't dare to give up, Wu Liang accepted it.

The service of the Xincheng Hotel is still very good. There is a suite with a square table in the outer room. There are exactly four people, and the two drivers are sent directly to the hotel restaurant.

The wine is the wine that Wu Liang moved from the car. The wine was aged and old. Four people opened a bottle and didn't drink too much. In the words of Old Man Sun, "Drink two glasses less to relieve fatigue."

This can be regarded as the first time drinking with Old Man Sun. Wu Liang directly started the topic, "I know that Luanchuan Molybdenum will be restructured. The mixed ownership is also for the purpose of listing."

Old man Sun did not expect that he could not hide anything from Wu Liang. "The leaders are also very concerned about the restructuring of Luanchuan Molybdenum. You are a new company, relatively single, and you can open a way for it. You are lucky."

Wu Liangxuan’s mental arithmetic has fallen. In 2003, the State-owned Assets Supervision and Administration Commission was established. The significance of its establishment will not be detailed. As far as Wu Liang knows, one of the most important topics is to study the corporate governance structure. In layman's terms, it is to straighten out the coordination and mutual checks and balances between decision-making power, management power and supervision power, to ensure that the enterprise operates efficiently under effective supervision, and to maximize the healthy development of the enterprise and the interests of shareholders.

Simply put, straighten out the three meetings and one level, the relationship between the shareholders meeting, the board of directors, the board of supervisors and the management.

Then, the restructuring of Luanchuan Molybdenum is also on the agenda. It is also a major event in Los Angeles. From the perspective of the final share composition, Luanchuan Molybdenum's share is not high, and more is achieved by capital. The rapid development, especially at the moment, the price of molybdenum ore is going up all the way, catching up with this wave of development can lay a good foundation for the subsequent development of the company. The implication is that the restructuring is imminent.

If the shares of the new mining company are clear, it is indeed instructive for the reorganization of Luanchuan Molybdenum. Wu Liang frowned and dismissed the product. “Corporate governance structure is not a small topic. The existence of different corporate governance models is related to the history and culture of various countries. Depending on national conditions, Miying and other countries emphasize power checks and balances. The company’s shareholding structure is relatively dispersed, and it is difficult for owners to effectively control operators. In the celestial dynasty, the imitation of the three meetings and one level will only become a mere formality."

Wu Liang's remarks are not without purpose. His own advertising company is also expanding. To a certain extent, the first three meetings will definitely be established. However, Wu Liang knows that even if these are established, it will be useless to him. , The company still has the final say on him.

His advertising company is also different from a company like Qianbaidu. The founder is too strong, and Qianbaidu has no money. Financing eventually led to the decentralization of management. In order to control the company, Li Yanhong took the bull card plan by all means and even attracted Wu Liang to execute it. This plan.

Old man Sun understood the meaning of the phrase “formal”, especially Wu Liang’s sneer at this structure was obviously interested, “Then you talk about it?”

What can Wu Liang say?He thought for a long time, "Isn't it the one who has the final say, and what is so complicated? It's okay to be a leader!"

Old man Sun pointed to Wu Liang, "If you say one, then reorganize according to what you said."

Wu Liang was dumbfounded at once. Old man Sun could be regarded as an army. He mixed the new mining company with Luanchuan Molybdenum and let Wu Liang figure it out.

Now, Wu Liang doesn’t pay much attention to it. Originally, I just wanted to earn news money and be a major shareholder. It’s fine to make a fortune. Then, now, this road is obviously not working. Old man Sun made it clear that Wu Liang himself. Mention, never mention the issue of shares. The purpose is very clear. The number of shares depends on the company's operating model. Compared with Wu Liang's mine, Los Angeles places more emphasis on the other three large mines in Luanchuan-Luanchuan is too cruel. That's it!

For Wu Liang, the Luocheng Molybdenum Group can succeed if the new company can become formal, otherwise everything he is doing will be infinitely amplified. Obviously, old man Sun is not reconciled. He is fifty-six years old. He can still fight for it. The money is not comparable to the heavy performance of the Los Angeles Molybdenum Group's successful restructuring. Moreover, it is not his money. He only needs to make sure that what he does makes others unable to pick it out. Just thorn.

It is also different from the previous mine. That mine is really going to be taken by a private person, and the people of Los Angeles will poke his backbone!

Wu Liang thought for a while and gave Temasek's corporate governance structure, "I can only give a simple framework, and then I will come up with a suitable plan."

Old man Sun actually picked up the wine glass very politely and touched Wu Liang, "Please!"

Wu Liang automatically made up his mind. Isn't this just "Please start your performance?" Secretary Zhao also picked up the recording pen and placed it in front of Wu Liang.

Wu Liang did not hide his private life, and this step will also be of reference to his advertising company in the future. “The board of directors is sent by the government to supervise the management. There are three special committees under the board of directors: the executive committee, the audit committee, and the remuneration committee. Each committee is headed by an independent non-executive director. The purpose of this setting is to separate the board of directors from the management. The senior management is appointed by the board of directors and is responsible to the board of directors. The board of directors evaluates and supervises it, and the directors appointed by shareholders perform supervision effect."

Old man Sun pointed out the key point, "Who pays the director's salary?"

"The government approves a few, and the government issues them."

Old man Sun nodded and said, "It should be!"

"Then the management is not appointed by the government?"

"Board appointment!"

Old man Sun suddenly understood, and then he had a headache again, "You are asking me to increase the staff!"

Wu Liang rolled his eyes helplessly, "Several problems with the organization can't be solved. Where should we go about this restructuring?"