Chapter 1647 Compensation for Guilt
No one likes to be used, even a woman with a close relationship, but Yang Cheng can understand that the pressure that Li Fu~zhen is facing now is beyond the imagination of ordinary people, and it is possible to do anything at this time.
Of course, understanding is understanding, and whether you can accept it is another matter. Yang Cheng never thinks that he is a generous person. Maybe he was influenced by the stupid him in his previous life, which caused some things in his mind to pop up from time to time that do not fit the current situation. His temperament.
Sometimes he is also very distressed, trying to solve this problem, but there is no good way.
For example, now, out of emotion and reason, he should acquiesce to Li Fu~zhen using his behavior, but he just feels uncomfortable.
"What are you thinking?" Li Fu~ It's rare to have such an uneasy mentality.
Looking at the nervous and expectant eyes of the other party, Yang Cheng sighed, "I don't like being used. If you tell me in advance, everything can be discussed."
Li Fu~ Zhen hurriedly said, "I know I was reckless this time, I apologize to you~"
Yang Cheng patted her hand, "Don't worry, I didn't finish. Considering your current pressure, it's only this time, don't make another example!"
"Really? You don't blame me?" Li Fu asked in disbelief. The board was raised high, but it didn't fall down.
"Really, I don't blame you, but only this time." Yang Cheng repeated again.
"There will never be a next time, I promise!" Li Fu ~ True Color promised.
"To be honest, I don't like Yin Shanming. The city is too deep. This is not a chess piece that can be used for a long time." Yang Cheng reminded Li Fu~zhen.
"I understand that this time, it is also to borrow his civilian background, and then you can help cover it up, so that my family can be taken out of the whole matter, otherwise we will face a situation of being besieged on all sides, and I can't handle it alone~"
Yang Cheng hummed, and pondered, "Let's find another person. Only Yin Shanming himself is not enough. We also need someone who can speak out in Congress."
Li Fu~zhen nodded, "The people in our family can't use it for the time being, so we can only find someone else."
"Leave it to me, you concentrate on handling the company's affairs."
"Okay, thank you~"
"There is no need to say thank you between the two of us."
Li Fu~ Probably because of guilt, he got up and took a document from the desk and returned it to Yang Cheng, "This is Everland's IPO plan, if you are interested, you can buy some~"
Yang Cheng hadn't opened the file yet, and said strangely, "Everland hasn't gone public yet? I remember there was an IPO plan last year, right?"
"Yes, but my father's health was not very good last year, so this matter was delayed. You also know that Everland occupies a large proportion of the entire group, and this is also the first step for my father to decentralize power. It is very important, and we must wait until everything is ready before we can implement it.”
Yang Cheng suddenly said, "Okay, let me see~"
Everland will undoubtedly be listed in South Korea. At present, the largest shareholder of Everland is Lee Jae-yong, who holds 25% of the shares and is also the president of Everland.
Li Laosan himself holds 3.7%, Li Fu~zhen and his second daughter each hold 8.7% of the shares. In addition to Li Laosan’s family, Samsung Credit Card, Samsung Electronics, Samsung SDI, Samsung C&T, etc. also hold Everland 18.5% stake.
The total share capital is 252 million shares, and 42.9 million shares are expected to be issued, accounting for about 17% of the total share capital. The estimated issue price is 18,000 won per share, equivalent to 21 US dollars. Based on the issue price, the market value of Everland is about 5.5 billion US dollars In the initial stage of listing, after being stimulated by good news, it is not a problem for the total market value to float to more than 6 billion or even 6.5 billion US dollars.
The so-called leading enterprise of Korean amusement parks, Everland has also set foot in many fields such as hotels, real estate, fashion, catering, etc.
It has a monopoly position in South Korea, coupled with the vigorous development of Chinese and Japanese tourists in recent years, the future development is promising. Buying a lot now is just sitting at home and collecting money.
At the same time, Yang Cheng also saw that in the IPO plan, it was mentioned that after financing, a large sum of money will be used to strengthen investment in the distribution network, and actively develop overseas markets, promote sports, outdoor and other new projects, and invest part of the funds for improvement. equipment, and at the same time start planning and investing in hotel real estate projects.
Judging from the prospectus alone, there is no fault at all, which is enough to give investors confidence.
Yang Cheng put down the prospectus, spread his hands and said, "I won't miss this opportunity to pick up money, what's the maximum percentage you can give me? I'll take it all, in the name of CY Entertainment."
He made a good plan, which is equivalent to telling CJ and SK that he and San~xing have teamed up, aren't you going to deal with me? Come on though~
Li Fu~ really speechless, "I know you are rich and powerful, but you also have to leave some soup for others?"
"Who said I won't give soup to others? It's impossible for me to eat all 17%, it's too expensive."
"How about this, my sister, Li Zairong and I will each take 1% to sell to you, and my father should also be able to take a part and sell it to you at the issue price. When the time comes, you send someone to the board of directors, and don't compete with retail investors and investment institutions." ate."
Yang Cheng didn't buy anyone's shares, "It's okay, I think it's better to take some from the proportion of the public offering, give me 5%, I have obsessive-compulsive disorder, I like round numbers~
Don't worry, when the stock price rises, I will sell part of it for market circulation. "
He said so, Li Fu~ How can you really disagree?
"Cunning little fox, okay, turn around and let the people from CY Entertainment come to me, and I'll arrange for someone to connect with you."
"OK, are there any benefits like this? Come on more~"
Li Fu~ really glared at him angrily, "You want to eat our family?"
"How is it possible, I'm not that capable."
Yang Cheng glanced at the dark flowers printed on the surface of the prospectus folder from the corner of his eye. He knew that it was the logo of San~xing's famous family secretarial office. Of course, it is now called the strategic planning office. Li Laosan officially passed this office with less than 100 people. It controls the entire san~ star empire, which is similar to the think tank of the American family.
Of course, compared to the Mitsui Research Institute he had visited, San~xing's family office was several levels behind, but they were still better than those that hadn't started yet.
Yang Cheng has always wanted to follow this model and establish her own family office or think tank, which can be used when taking over Yuanshan in the future, but this matter has been stuck in her mind and has not been realized.
The reason is that he lacks experience and has not found the right time to establish it.
Of course, he also wants to see more, learn more about experience, and then start preparations. Anyway, he is still young and has plenty of time.
Just in sight, Yang Cheng was going to ask Li Fu~zhen for some inside information.
Licking his face, he said, "Tell me about your family office?"
Li Fu~ really surprised, "What's there to say?"
"I also want to set up my own office, so I want to learn more knowledge."
Li Fu~ really laughed and said, "You are really hardworking and studious~"
He curled his hair and pondered, "Actually, whether it's an office or a secretary's office, this concept originated from the staff organization of the Japanese Army during World War II.
After the war, Ryuzo Sejima, the chief staff officer of the former Kwantung Army Command and the base camp army and navy staff officer, served as the chairman of Itochu Corporation and brought this organization into the Ito family. The trend of establishing a secretarial office was triggered.
The grandfather, who was deeply influenced by RB, brought this model into South Korea. "
Although Yang Cheng knew that the concept of the secretary's office originated from RB, he didn't know that it was originally proposed by the Ito family. It seemed that it was necessary to get in touch with Koji Ito.
"In the management of the group, my grandfather handed over all the daily affairs to his subordinates, and he only made strategic decisions.
At the same time, as a diversified company, san~star subsidiaries spread all over the world and implement an independent management system, which requires a strong staff organization as an internal coordinator to make plans and adjustments after collecting information.
Therefore, referring to the think tank team of RB chaebols such as Mitsubishi, Mitsui and Sumitomo, the grandfather strengthened the function of the secretary's office and renamed it the family office, making it responsible for auxiliary functions such as intelligence collection and analysis, planning, and daily affairs management.
Later, the functions of the office continued to be enhanced, and it was also responsible for almost all affairs such as the daily operation of the company, finance, planning, technology, security, marketing, personnel, investigation, supervision, finance, and international finance.
Specific to the division of labor, for example, the investigation team is responsible for collecting business information and local intelligence; the planning team is responsible for planning; the operation and finance team is responsible for the daily operation of the enterprise; the personnel team is responsible for human resources policies and employee benefits; The financial group is responsible for financing and foreign exchange exchange; the operation group is responsible for monitoring the operating conditions of subsidiaries and proposing improvement plans.
It can be said that in the golden age of the San~ star, the strength of the office was comparable to that of a national intelligence agency. It once became the most powerful intelligence analysis organization in South Korea and was borrowed by the country many times. "
Yang Cheng nodded while listening, which is very similar to Mitsui Research Institute.
Li Fu~zhen sighed, "But my father thought that the power of the office was too large and too centralized, so after taking over, he gradually weakened the functions of the office, indirectly weakened the strength, and distributed the management power to the subordinate companies little by little.
To put it simply, in the past, my grandfather held 80% of the management rights of the group, the secretarial office accounted for 10%, and the presidents of each subsidiary company accounted for 10%.
But in the future, it will be changed to a method in which the chairman accounts for 40%, the secretarial office accounts for 20%, and the presidents account for 40%.
Therefore, there were less than 100 office staff at one time, and it was reduced from 15 teams in its heyday to 10 teams, and only a few important functions including personnel and finance were retained.
The office has thus become history and transformed into the structural adjustment headquarters.
The personnel group of the structural adjustment headquarters is responsible for human resource policies, employee training, education, and labor-management coordination; the financial group is responsible for electronic operations, financial operations, non-electronic and non-financial, and financial management; the monitoring group is responsible for company monitoring and business diagnosis.
There are also the planning team, public relations team, and legal team, which are basically only the most basic functions, but they can still maintain their influence on their subsidiaries.
Afterwards, the world entered the Internet age, and computers could replace part of the manpower, so my father adjusted the structural adjustment headquarters again, renamed the Strategic Planning Office, stripped off the functions of secretary and operation, and only retained the two main departments of personnel and finance. The office is no longer as brilliant as it used to be. "