Chapter 327 The Economic Base Determines the Superstructure!
"They say the economic base determines the superstructure."
After a pause, Su Yu continued: "Only a generous distribution of benefits can give employees enough motivation. Only by making the pie of 'Yuhang Investment' bigger can we gather the strength of everyone's hard work and struggle. I believe After this year-end bonus distribution, the company’s outlook will change in a more positive way.”
"Well!" Li Meng responded, "This should be for sure. After all, after we have raised the company's hidden benefits, with the outbreak of this hot search, more and more talents will pour into our company. Currently, Employees will feel increased pressure and increased competition, which will prompt them to work harder to complete their work and do everything well!”
"Actually, I was thinking..."
Li Meng pondered for a moment and then said: "Can you ask Manager Zhu of the Operations Department to set up a 'last elimination' system for each department? Those who rank at the bottom of the performance appraisal will be dismissed at the end of the one-year period."
"It's not necessary yet," Su Yu said. "The company's current number of people and departments are still quite streamlined, and the 'last elimination' system is not used."
"Also, I don't think this elimination system is very good."
"Under this high-pressure elimination system, employees will not have a strong sense of belonging to the company."
"Also, it may intensify vicious competition among employees within the company."
"Okay!" Li Meng thought about it carefully and felt that what Su Yu said made sense. He paused for a moment and changed the topic, "In the past six months of the company's development, in addition to the performance of the fund, our equity investment in the primary market, Looking at the entire private equity investment fund circle, it is considered to be the best. ”
"Based on the ranking of investment transaction volume in the private equity investment industry."
“Our ‘Yuhang Investment’ is also ranked among the top, second only to several large domestic private equity investment companies.”
"Yes!" Su Yu responded with a smile, "Liang Bin and He Qian have been running around doing research and looking for projects for the past six months, and it has been really hard."
"That's not what I want to say." Li Meng replied, "What I want to say is, are we... moving too fast in the primary market?"
"Are you worried about the liquidity problem in the primary market?" Su Yu roughly guessed what Li Meng meant and asked.
Li Meng nodded and said: "Yes! After we invest in domestic and foreign listed companies such as Tianqi Lithium, Wowu Biotech, and Talison, it will not be too difficult to exit, but like Zitiao For start-up and development-stage enterprises such as Internet, New Nanotechnology, Mingjiang Technology, Huichuan Technology, and Tianwei Food, it is not easy for us to realize the investment equity when necessary. "
"Don't worry too much about this." Su Yu said, "As long as companies have development potential, equity is a high-quality asset. Although the primary market is less liquid than the secondary market, there are still many institutions and investment companies willing to acquire high-quality equity. "As for the issues such as the long harvest period of equity investment and excessive capital accumulation, as long as the performance of the main funds operated by our company can be sustained and positive feedback can be given to the primary equity investment market, there will be no problems."
"At present..."
"Based on the projects we invested in the primary market last year."
"Except for the recently completed investment projects of Tianqi Lithium and Talison, all other projects should have achieved an increase in the value of their equity."
"Moreover, even in the worst case scenario, fund performance cannot form positive feedback on primary market investment projects."
"Our company has no long-term or short-term additional liabilities, so there is no big operational risk problem."
"In other words, even if all the investment projects in the primary market suffer huge losses, the actual impact on our company's operations will be close to zero."
"After all, the funds we use to invest in the primary market are the company's remaining profits, not liabilities."
"The growth process of an enterprise always goes from the start-up stage to the development stage and then to the mature stage. Often, although the risk of investment in mature stage enterprises is small, the probability of obtaining excess profits is also small. Since we are in the company's development strategy If you decide to invest in the primary market angel or VC stage, you should bear the corresponding risks.”
"actually……"
Su Yu smiled and continued: "According to the general return cycle of primary market investment, once the project scales up, we will not need to inject new funds into the company's venture capital department to form a positive cycle of investment funds. So, overall, this development direction and investment pace are not wrong.”
"Moreover, investment in some projects will no longer be available after the opportunity is missed."
“As long as the project has huge investment value, then I think it’s okay even if it’s temporarily more aggressive.”
"Okay!" Li Meng saw that Su Yu had obviously thought more about this matter than she did, and Su Yu's understanding of 'primary market investment' was indeed deeper than hers, so he didn't say more.
Next, the two continued to discuss the company's many operational and development issues for a while.
Then, they waited until about 10 o'clock in the evening before they fell asleep.
The next day, when Su Yu came to the company, he saw that the attitude of the company's employees towards him had obviously changed greatly, and their heartfelt admiration and respect were clearly revealed.
Qin Haowen, director of the human resources department, also complained to him with a smile.
It said that last night, more than 500 new resumes were added to the company's public resume delivery mailbox.
"Haha, now you are very busy at work." Su Yu joked with a smile, and then said, "Screen carefully and recruit more real talents."
"Okay!" Qin Hao asked and left Su Yu's office without saying much.
"Mr. Su..."
Just as Qin Haowen left, Lin Antu broke in and reported: "According to internal information, the eastern suburbs of the city you asked me to pay attention to, the old industrial zone in the past, and the large area of Qianjiang River in the eastern suburbs, are now according to the government Internal documents stipulate that land auctions have been suspended, and according to some information from the Municipal Environmental Protection Bureau, they are accelerating the relocation of old manufacturing plants in this area.”
"Then it seems... the news should be clear soon."
Su Yu heard Lin Antu's report, thought about it for a moment, smiled, and said: "On a macro level, the country's loosening of real estate will definitely further promote the development of urban construction. Judging from the various signs you said, some people , I guess I can’t bear it anymore.”
"Oh, and..." Lin Antu paused and said, "Alibaba's major internal shareholders have unanimously decided to submit listing application documents to the New York Stock Exchange in the United States, intending to be listed on NASDAQ, and international Major investment banking institutions value it at around US$200 billion.”
"200 billion US dollars!" Although Su Yu knew the result of Ali Baba's listing in the United States, he couldn't help but exclaimed when he heard this valuation.
Lin Antu nodded and responded: "Yes, 200 billion U.S. dollars! And if Ali Baba is listed at this valuation, based on the group shares held by President Ma, he is likely to become the new richest man in the country."
"It's just wealth on paper." Su Yu smiled, "Is there any other important news?"
"I heard that the boss of the Chen family has been investigated, but..." Lin Antu said, "I don't know who will go further, the one named Ni or the one named Hu."
Su Yu nodded slightly and said, "The Chen family's demise was expected."
"There are also some news about restructuring and mergers and acquisitions in primary and secondary markets at home and abroad." After a pause, Lin Antu continued, "I have asked people in the department to transmit these news to the company's intranet information database. Mr. Su You can check it yourself according to the information calendar, I will not report it one by one. "
"Okay!" Su Yu responded and smiled, "Thank you for your hard work."
Hearing Su Yu's polite words, Lin Antu showed a hint of embarrassment on his face and said, "Mr. Su is joking. If you give me so much money, I have to be worthy of my job."
When Su Yu saw him talking about money, he couldn't help asking, "Is my sister-in-law still making trouble with you now?"
"The trouble has stopped a long time ago." Lin Antu said with a smile, "I bought a new house and my child has gone to the school she wanted. Anyway, she is proud now, so why is she still making trouble?"
"That's good!" Su Yu chuckled, "I asked Mr. Gao to arrange the annual meeting the day after tomorrow. The venue is at the Crown Hotel. You can ask your sister-in-law to come too!"
Lin Antu hesitated and wanted to refuse.
But then he thought of his wife's fierce temper. If he knew about the company's invitation but deliberately didn't take her there, he didn't know what kind of news it would make. He couldn't help but sigh and nodded.
Later, the two talked about the personnel promotion and development of the ‘Market Intelligence Department’.
Then, after about half an hour, Lin Antu exited Su Yu's office.
After Su Yu dealt with the matters and problems raised by the heads of various departments in the company, and then saw that nothing happened, he walked out of the office and walked into the trading room of the fund trading department.
I saw the market conditions reflected on the big screen.
Several major indexes still showed a slight decline in shrinkage patterns. The two cities lacked hot spots and transactions were sluggish. There was still no sustained money-making effect.
And in the next two trading days, the market remained the same.
It seems that the entire market, after the waves of continuous speculation in the second half of last year, has completely returned to calm and fallen back into a deep bear market.
In this situation where the decline continues, there are no hot spots, and the market continues to shrink.
As the Spring Festival approaches, the two main funds managed by Su Yu naturally have no action.
The entire company, from top to bottom, is immersed in the joy of the high year-end bonus and counting the days backward, looking forward to the long Spring Festival holiday.
And in this atmosphere...
On January 24, when the company's annual meeting was held, Su Yu publicly announced the company's holiday plan during his year-end speech. He decided to start the holiday from January 28 and extend the company's Spring Festival holiday to 10 days. , which made the employees excited again.
"Mr. Su..."
"Mr. Su..."
"Mr. Su..."
As the annual dinner progressed, many people began to toast Su Yu.
Su Yu looked at the department heads during the banquet and looked around the banquet hall, which was filled with more than 100 company employees. He felt so satisfied that he couldn't help but drink a few more drinks.
After the annual meeting...
In the next few days, Su Yu left all the finishing work of the company before the holidays to Li Menglai.
He brought Yu Xiaobing, the manager of the marketing department who was good at socializing, to concentrate on dealing with invitations from important customers who had invested in the company's fund products, as well as many important banquets in the Yuhang business community, and developed a broader network of contacts.
After busy with external entertainment.
Before Su Yu left Yuhang and returned to Yuzhou, he went to see Shi Yuling and Ivana again.
I saw that Ivana was much better than before. Except for her occasional memory disorder, she could handle everything else well and didn't need much care.
"Yuling, are you going back to Yuzhou during the Spring Festival?"
Su Yu looked at Shi Yuling, who had been on vacation from school and was helping Ivana to repeat many things in the past and help her consolidate and restore her memory, and asked.
Shi Yuling thought about it, then looked at Ivana again and said, "I'll accompany Nana and spend the holiday in Yuhang."
"Okay!" Su Yu responded, but didn't force it.
"By the way, brother, after you helped Sister Liying last time, Sister Liying gave you two tickets to the Spring Festival Gala this time." Shi Yuling said happily, "If you don't go, then I will go to watch the Spring Festival Gala with Nana."
"Oh?" Su Yu was slightly surprised when he heard that Zhao Liying reported two tickets to the Spring Festival Gala, and said, "I didn't expect that your sister Liying had this ability. Okay...you and Nana go."
"Yeah!" Shi Yuling responded.
Then she told Su Yu some interesting stories about her school life, as well as the admiration of her classmates and roommates for Su Yu.
Su Yu listened with a smile, occasionally asking about her lessons. Afterwards, after the nanny finished cooking, they all had dinner together before he left.
Walking out of the residential area where Shi Yuling lived.
Su Yu glanced at Dai Lingna who was driving and said, "I'm going back to Yuzhou, so you don't have to follow me. During the Spring Festival, you just need to take care of Yuling and your sister. If you have any questions, you can call me at any time. Of course, I believe you can handle it."
"Okay!" Dai Lingna responded without saying anything more.
After arranging everything...
The next day, January 28, Tuesday, the 28th day of the twelfth lunar month.
Su Yu and Li Meng took the morning flight from Yuhang to Yuzhou and returned to Yuzhou.
As soon as they got off the plane, their cousin Yan Chengming parked the car and waited at the exit. No matter how they dressed or dressed, they looked much more energetic and impressive than when Su Yu met them last time.
"Cousin, Miss Li..."
Seeing Su Yu and Li Meng coming out together, Yan Chengming hurriedly went up to help carry the luggage.
"You look much more stylish than before." Su Yu saw the smile on his cousin Yan Chengming's face and said with a smile, "How are you doing recently?"
Yan Chengming put the luggage in the trunk of the car, chuckled twice, and said, "It's really great. Now I am the sales general manager of 'Yu Li Clothing Sales Company', responsible for the establishment of the offline sales network in Sichuan and Chongqing. Now I think... it's better to do business by myself, the more I work, the more energetic I am."
"Not bad, I have the awareness of a boss."
Su Yu sat in the co-pilot, and then let Li Meng sit in the back seat, smiling.
"Your sister and Mingli are still amazing." Yan Chengming said, "In half a year, the two of them have managed their business very well, and I... just help them."
"Oh, by the way, where is my sister?" Su Yu asked.
"There are still some things in the company, and your sister is dealing with them, so I came here." Yan Chengming said, "Don't worry, your sister, Jianbo is here."
"Well, okay!" Su Yu responded, looked back at Li Meng, and said, "Then let's go directly back to Jiangling County, and we don't have to wait for my sister and the others."
"Okay!" Yan Chengming responded.
Then he drove around Yuzhou City for a while, picked up his wife Zhu Mingli, and went straight to Jiangling County.
On the way home, after chatting, Su Yu learned that in the past six months, his cousin and his wife had bought a house in Yuzhou City, and they were just about to bring their children to the city to study.
Back in Jiangling County, Su Yu asked Yan Chengming to send Li Meng home first.
Then, everyone returned to Su Yu's hometown together.
When Yan Chengming drove the car to the door of the house, Su Yu got out of the car and looked at the brand new farmhouse in front of him, which had already been completely renovated, and the happy smiles on the faces of his parents who came to greet him. He felt a lot of emotions in his heart and couldn't help but show joy on his face.