Chapter 999 Power Leverage
"Retire? You mean I won't do anything in the future?"
"Yes, what I mean is that if you hold 200 million yuan, is it enough for you to spend until you die, and you don't have to worry about money anymore in this life."
Xu Lu thought for a while and said, "It should be enough."
"Okay." Nan Yi nodded, "Then I want to tell you that this assumption is not valid at all, there is no legitimate business with 200 million times the profit in this world, even if it is illegal, I can't think of it for a while. "
"Hmm..." Xu Luming thought hard for a while, as if she didn't expect the answer she wanted, and then asked unwillingly: "There must be a business that earns 200 million yuan, right?"
"Yes, and there are quite a few, but I can tell you that a business that can make a net profit of 200 million at a time often needs to invest a cost of one billion or more. Of course, the cost can include bank loans, which is the so-called leveraged operation. .
Theoretically, you can use a small amount of money, leverage leverage and leverage again, and a billion-dollar business can be leveraged with one or two million yuan, but the more leverage times, the greater the risk, and more than 10 times the leverage. It is unlikely to be a purely financial behavior, and power must be attached, that is, power levers.
For example, your elder brother and I are in charge of the canteen in the factory, and you are a vegetable vendor. I will pay you a deposit of 10,000 yuan to deliver food to the canteen every day. Just five thousand yuan for food.
Think about it, if I wasn't your big brother, how could such a good no-cost business fall on your head? This is the leverage of power. "
Xu Lu said confusedly, "I don't quite understand."
Nan Yi said cheerfully: "Do you understand what collusion between government and businessmen means?"
"Of course I know that."
"What does the officer have?"
"Quan..." Xu Lu suddenly realized, "I probably know what it means."
"Don't know about it, understand it well, the power lever is easy to use, but you can't use it too much, let alone use it deeply, the harder you use it, the deeper the backlash, how did it come about, and how will you return it when the time comes. Alright, I'll go on Tell the story."
Nan Yi rationalized his thoughts, and then said: "During the rush to buy, Sun Yuefeng's electrical appliance store... By the way, at that time, Sun Yuefeng's electrical appliance store should be called Nanhu. Forget it, it’s uncomfortable to change the name. I Just say Jinlan.
The household appliances worth hundreds of millions that Jinlan Company had previously stockpiled were sold out within a month. Sun Yuefeng had 200 salespersons, and the per capita sales reached more than 500,000.
During the panic-buying period, in order to take the opportunity to sell the overstocked products, some stores used a more vicious matching sales method. If you want to buy a best-selling product, you must pair it with an overstocked product, otherwise it will not be sold to you.
Some of the electrical appliances of Jinlan Company are best-selling and some are slow-moving. However, Sun Yuefeng not only did not engage in matching promotions, but he also launched a high-quality service activity for customers at that time to benefit millions of dollars.
In doing so, he played a very good leading role in stabilizing prices and benefited the majority of consumers. Therefore, he was praised by the relevant departments and also established a good corporate image for Jinlan Company.
After the panic-buying wave, ordinary people have little spare money, and the home appliance business has entered a period of low ebb again.
Although Sun Yuefeng has not been in the business world for a long time, he has a good grasp of the market and has done a steady, solid and comprehensive job. When the business market is rising, he seizes the opportunity to grab the trendy fish, and when the market is weak, he also Can see the way to make money from the low tide, and find ways to make money that others have not noticed.
Later, the situation in the electrical appliance market took a sharp turn for the worse and encountered a low tide within a low tide.
Sun Yuefeng was thinking about what to do with the next business.
Soon, he took two measures. One was to continue to stabilize the sales market in big cities. In terms of price, he made the brand with the lowest price in the city.
In this way, Jinlan Company can still guarantee a certain amount of sales in Fengtian. At the same time, he has launched an overwhelming fight in the Northeast market by running a chain, adopting the strategy of swallowing two, swallowing two, and swallowing three whenever there is an opportunity. Immediately expand the number of stores.
Sun Yuefeng's business strategy is to quickly occupy the market, take down the fort first, and then clean up the battlefield, talk about quantity first, then quality, where there is a gap on the map, the Jinlan flag will go there.
This style of play is very enjoyable. It is said that sometimes Sun Yuefeng stared at a map for a long time, and then pointed to a town without a Jinlan chain store and said to one of his subordinates: You, go there and open a chain store. You are the manager and go through the formalities right away.
In the place designated by Sun Yuefeng, it usually doesn't take long for a Jinlan chain store to open.
The specific measures are: let the business department first understand the market, the development department to apply for licenses, the decoration department to decorate the facade, the engagement department to recruit workers, and before the opening, the public relations department will conduct a lively public relations activity, and Sun Yue Go to Summit when it opens.
It takes half a year for other people to set up a store, but Sun Yuefeng's chain store can get a license in 15 days at the fastest, and can open in a month.
Sun Yuefeng's jaw-dropping achievements in these areas, is it because he has some special means?
There was once a factory director who came to ask Sun Yuefeng for advice because he applied for a company in other places and couldn’t get a license for half a year: What tricks do you have? Is it to dump tickets or use women?
Sun Yuefeng gave an official answer: within the scope allowed by the national policy, use whatever can be used, this is the trick.
Jinlan Company is constantly expanding its sphere of influence, and its momentum has made some colleagues in neighboring areas worry. Some places adopt local protectionism and do not want Jinlan to open chain stores there.
When Jinlan Company wanted to enter a certain city in Kyrgyzstan Province, some prominent figures and business owners in this city shouted: Jinlan cannot be allowed to enter.
At that time, Sun Yuefeng had already signed a contract with a loss-making store to annex the store, but the deputy mayor in charge just refused to do it.
Reluctantly, a female subordinate who took Sun Yuefeng's appointment letter to be the manager had no choice but to board the door of the deputy mayor's house. She said to the mayor: What's wrong with your city if we set up a store here? ? First, I have arranged employment opportunities for you; second, I have brought you market prosperity. "
Later, she also brought in people from industry, commerce and taxation to work with the leaders of the municipal government. People in industry, commerce and taxation certainly welcome a company that can bring them tax benefits, so they will also help intercede.
Later, the Jinlan chain store in that city was well-managed and the business was booming, and it became a model for local enterprises to emulate.
By the way, that female manager is called Wang Yajuan, remember this name.
Sun Yuefeng's strategy of quickly occupying the market is also manifested in that once he is optimistic about a certain product, he will quickly launch it in Jinlan's chain stores. All the products he wants to sell can be arranged overnight in more than 100 chain stores. Early in the morning, banners advertising the product fly over dozens of cities.
The key to the success of Sun Yuefeng's strategy of quickly occupying the market is that Jinlan can provide the best service and has a reliable reputation. Among the hundreds of cities in Fengtian and even the three northeastern provinces, everyone knows about Jinlan.
Buying appliances and going to Jinlan has become a nursery rhyme circulating in the streets and alleys.
Why is Jinlan whirlwind so powerful?
Because the goods of Jinlan chain store are always the lowest price in the local area, and guarantee refund, exchange and compensation, teach customers how to use, and deliver large-scale goods to your door, so that you come here happily and return with satisfaction, and truly regard customers as God .
Sun Yuefeng has his own unique interpretation of Jinlan's miraculous expansion over the past few years. He compares it to a sphere effect.
The ball has strong plasticity, can be big or small, round or flat; it has great flexibility, it can change direction from east to west, north to south, and its speed is not limited. The small ball surrounds the big ball, and each part echoes each other, interlocking with each other, forming the unique chain store effect of Jinlan.
Jinlan Headquarters is like a big ball, which accumulates energy in motion, and continuously transmits energy to the small balls that revolve around it. The energy generated by the small ball returns to the parent big ball, and the big ball regenerates the small ball.
This is like atomic fission, Jinlan's energy comes entirely from its own movement.
The development of Jinlan relies entirely on its own capital snowball, without any external investment. Capital accumulation is far less rapid than capital concentration, so I partnered with you to establish Xianlu Capital and concentrate the capital of the two of us.
However, Sun Yuefeng has proved by practice that the snowball speed of capital accumulation is not slow, and it can still explode quickly in a short period of time. "
Nan Yi poked Xu Lu's forehead, "I specifically explained that you must remember the words that I deliberately said with accents, and they will be the key points when replaying later."
"knew."
Xu Lu stuck out her overgrown tongue.
Nan Yi took a sip of tea again, "Scientific decision-making is inseparable from any operator's success. Sun Yuefeng may not know the profound scientific decision-making theory, but he will instinctively make decisions based on reality. When he founded a chain store, he belong to this decision.
He studied the success paths of a series of enterprises such as Toyota, Panasonic, Ford, and Daewoo, and got useful inspiration from Wang Defu. Based on the specific conditions of Fengtian and Northeast China at that time, he decisively decided to set up a unique business group 'chain store'.
The so-called chain store is actually a series of stores with unified store name, unified logo, unified operation management, and unified accounting; You can enjoy the same service everywhere.
This completely unified management system is very conducive to the decision maker Sun Yuefeng's unified command and unified leadership of the entire enterprise.
This kind of chain store has great advantages. It can realize the unified fund purchase of more than 100 Jinlan stores, and the purchase price is naturally lower than others. Unified dispatching, decentralized sales, slow and unsalable products can be adjusted each other, the east is not bright and the west is bright, where it is unsalable and where it is good.
It can be used to disperse the five fingers, and it can be closed into a fist. It can not only defuse risks, but also make great strides. It can be said that it can attack and defend, and fight without danger.
As long as Sun Yuefeng gives an order from the headquarters, each chain store of Jinlan can run the same advertisement in different cities and different locations to promote and sell the same product.
Sun Yuefeng's success is not only based on decisive decision-making based on reality, but more importantly, he has a set of advanced decision-making skills.
In your Fengtian business world, it is said that whatever Sun Yuefeng sells, he will be snapped up. He has been vividly portrayed. In the eyes of many people, he is simply a business god.
Speaking of it, Sun Yuefeng is not so evil, but his eyesight and decision-making are half a year earlier than others, and it is precisely this half year that enables him to seize the market first, seize the opportunity to obtain huge profits, and develop Jinlan Company.
I will jump out of home appliances now, and then tell you about Sun Yuefeng's actions in other aspects.
That year, due to the economic contraction, many land speculators in Qiongdao left. Sun Yuefeng did the opposite and took a huge sum of money to Qiongdao and Yecheng.
At that time, I happened to be in Yecheng, and I paid more attention to the real estate of Yecheng, and I was more aware of Sun Yuefeng’s actions in Yecheng. He bought 300 mu of land at a price of 20,000 yuan per mu. In 1992, it was almost the end of the year. , he sold the land at a price of 180,000 per mu, and this business made him 40 million.
In the first half of 1991, the national governance and rectification work was in full swing, infrastructure construction was discontinued one after another, and the building material market was seriously weak. Sun Yuefeng bought a lot of building materials again. After the "Southern Tour" in the second year, the price of building materials skyrocketed, and he made a fortune again. a lot.
Sun Yuefeng made two big fortunes in speculation, and Jinlan's business was not delayed. In 1992, Jinlan's sales exceeded 700 million.
From the beginning of his business in 1985 until 1993, he needed to borrow a large part of the start-up capital of 4,000 yuan to become a billionaire. Sun Yuefeng has gone smoothly along the way. Do you know where he is now? "
"Brother, how could I not know, Sun Yuefeng is a celebrity, someone will tell me that he was arrested in 1993 without asking." Xu Lu disagreed.
"You're right, Sun Yuefeng has become a prisoner." Nan Yi nodded, and then said: "In 1993, there were 136 Jinlan chain stores, and the expansion speed is not bad. Have you heard of Jingxi Tesco? ?”
Xu Lu: "In Moscow, I heard from the old man in the capital that, like Jinlan, he is also a home appliance chain."
"The friend I talked about who makes home appliances is the boss of Jingxi.com. I also invested in Jingxi.com, and I count it as one of the bosses. Jingxi.com was established in July 1984, from one store to two. It took almost more than a year, and then it just stood still.
In 1987, when Jinlan Company began to expand greatly, Jingxi.com still had two stores. However, at that time, Jingxi.com launched a promotional activity for home appliances to the countryside, fought a guerrilla war, and delivered home appliances directly to sell in the village.
Jinlan Company has a flexible Jinlan mechanism, which Sun Yuefeng summed up in 12 words: whoever sells wins, whoever loses pays, and whoever loses pays. In the language of economics, this is Jinlan's distribution mechanism, incentive mechanism, and restraint mechanism.
Jinlan Company decomposes the profit of the enterprise into the number of goods, and links the personal income of the employees with the sales.
"Whoever loses will pay, and whoever loses will pay", this is another strict constraint on employees.
The employees are irresponsible in their work, and the damage and loss of goods occur, which are entirely the responsibility of the employees themselves.
The distribution mechanism of Jinlan Company enables everyone to know the personal income of the employees, and the expenses at the end of the month, without having to settle the accounts, they are very clear.
The enterprise implements an employment system for all employees, and cadres are elected once a year. Those who are good will continue to work, and those who are not good will be removed. In Jinlan Company, there is no iron chair for cadres.
It is under this advanced mechanism that customers truly become gods in the eyes of all Jinlan employees. Greetings with smiling faces and thoughtful service do not require service agreements and opinion books hanging on the wall to constrain and guarantee, let alone setting up supervision mailboxes and reporting telephones.
In all chain stores in Jinlan, service attitude is regarded as an investment. Regardless of whether the customer is shopping or not, the clerk always patiently introduces the product's performance, quality, variety, characteristics, origin and how to maintain it, leaving a good impression on the customer. Even if he does not buy anything, he will never forget Jinlan.
Customer satisfaction is benefit. This is the motto that Jinlan people believe in and the principle that Jinlan people practice. It has been deeply rooted in the hearts of Jinlan employees.
It is this one that has brought incalculable economic and social benefits to Jinlan Company.
Jinlan Company not only has a flexible operating mechanism, but also a set of standardized operating norms. Jinlan company stipulates: if it is loud, it will be loud, if it is bright, it will be bright, if it can rotate, it should be hot.
Specifically, the TV needs to develop images, the stereo needs to play sound, the refrigerator needs to be cooled, and the washing machine needs to be turned on. Before customers buy, they should first operate and learn to debug by themselves. Employees should teach customers what to use for what they sell.
Products are always placed in the most conspicuous and convenient places for customers to choose. Try to see, listen to, and try out bulky products, and extend the warranty period. This is completely different from the business method of those cold faces in the state-run shopping malls with a sign of "Do not touch, damage compensation".
Have you been to Cam Ranh before 1994? I said, have you ever felt it? "
Xu Lu nodded, "I've been there. It's not as good as you said, but it's not bad. It's more comfortable than visiting other shopping malls."
"I don't accept your evaluation. Do you remember where we met? A teller dares to show me this god." Nan Yi teased.
"Tch, ask all the way, ask all the way, you make it clear that you only look at it and don't buy it, why are you so polite to you?"
"Oh, if I didn't buy it that time, it doesn't mean that I won't buy it next time. If you make a good impression on me, God, you may be able to retain a big business. Little girl film, in order to slap you in the face, we will go to you in the afternoon Big purchases from the old club."
"Are you really going?"
"Well, buy some food, drink and snacks." Nanyi waved his hand and continued: "In order to effectively ensure that business objectives, strategies, decisions and a whole set of business methods can be implemented among the employees of the company, Sun Yuefeng has made great efforts to the 136 subordinate companies. A highly centralized vertical management method has been implemented.
Monopolization of great powers, decentralization of small powers, centralized management, and decentralized contracting.
There are more than a dozen departments under the headquarters of Jinlan Company, with a total of more than 100 management personnel, who are remotely controlled through dozens of telephones. Every day before 10 o'clock in the morning, Sun Yuefeng's headquarters office must get the turnover report of the previous day, and then issue instructions to the subordinate stores according to the situation.
The headquarters manages the funds of each store, purchases goods in a unified manner, and distributes them to various chain stores for sales. The managers and financial personnel of the chain stores are all appointed by Sun Yuefeng, and the human rights, property rights, and financial rights of the entire Jinlan Company are all in the hands of Sun Yuefeng.
Sun Yuefeng once said in public that the bosses of private enterprises should monopolize the power.
The expansion of Jinlan Company was too fast. From the managers to the employees below, it can be said that there are good and bad. Sun Yuefeng also discovered this, so he set about building his own direct line.
He invested 1 million and co-founded Jinlan School with Huanggu. Most of the students who graduate from this school will work in Jinlan Company.
Many graduates have already played key roles in Jinlan, some have become managers, some have become color TV kings, and some have won top sales. These new generation of Jinlan people became Sun Yuefeng's direct troops.
In 1993, Jinlan Company got involved in real estate development again, investing in the construction of resorts in Qiong Province, investing in the construction of electronics city, decoration city, and colorful city in Fengtian, opening restaurants in the United States, and building shopping malls in Russia. "
Nan Yi clapped his hands, and said with a smile: "Okay, Sun Yuefeng and Jinlan Company have almost finished their praise, and I've finished talking about the good things. Next, I'll talk about some bad things. First, let's talk about the biggest feature of Jinlan Company, quickly, The development is fast, and the speed of opening chain stores is fast.
Take down the fort first, then clean up the battlefield, first talk about quantity, then talk about quality. Almost all the facades that can be used to open Jinlan chain stores are in the hands of state-owned commercial companies. How did he, Sun Yuefeng, manage to merge quickly?
Did you use improper means?
Have you temporarily agreed to difficult conditions in pursuit of speed?
Is there anything promised, and the dragging formula will be used later?
When Jinlan Company fully occupied the Northeast, it was also engaged in home appliance sales, Jingxi.com, which also followed the same route as Jinlan, and several other leading companies were trapped in their birthplace.
Jingxi.com has just left the district to open a branch in the next district, and its development is very slow. On average, it does not open a branch in a year.
Why slow?
Because the home appliance chain is still a new thing in our country, we need to explore, learn, build a talent echelon, and wait for the problem to be fermented and exposed. When a problem arises, we should study how to solve it most reasonably and form a set of process-based solutions. This kind of problem can be directly applied, which is called process standardization.
And because the timing is not right, the policy environment, the reality of the home appliance industry, and there are not many fronts to build chain stores.
Although the development of real estate in the past two years was very prosperous, the development of commercial real estate was not fast. Most of the properties suitable for building home appliance stores were still in state-owned commercial units, and most of them were in recession.
If you want to rent or merge their properties, you will inevitably have some additional clauses. The private ones are not troublesome. The most troublesome things can be said on the table, such as solving a few jobs and arranging jobs for the tellers of the original state-owned stores. .
Where can those aunts arrange to go? Let them continue to be tellers and shopping guides?
Give it a rest, keep a thing like this, you will lose millions of sales every year, and don't even think about transforming them. Over the past decade or even decades, the style of doing things has been engraved in the bones, don't let them change it. Let the other good ones go bad.
After three years of learning, and three days of learning badly, there is one mouse shit that lives a good life, and it will soon bring out the second and third.
Those tellers in state-owned stores could reach such a good position back then. Whose family does not have a capable relative in that field? Don't touch it.
Did he, Sun Yuefeng, get involved with Jinlan Company?
It must be sticky. If you want to be fast, you should lower your natural posture when negotiating conditions. "
Nanyi pouted, "We went back to Wang Yajuan, met the deputy mayor, pulled the business tax, and asked the business tax to accompany her to persuade the deputy mayor. It can be broken down into four things: meeting the deputy mayor for the first time , Convince the business leaders, convince the tax leaders, meet the deputy mayor for the second time and persuade.
You think about the difficulty and cost of doing these four things, and don't forget that the reason why the city doesn't welcome Jinlan company to go there is because of the obstruction of local businessmen. The company settled them.
How did you settle it?
How many explicit and implicit costs have been invested?
You incorporate the power levers I told you earlier into it and think about it carefully.
Let's go back in time to 1987, and talk about how Sun Yuefeng got back the 2 million worth of goods, little girl, do you remember what brand of tape recorder was the most popular in Fengtian that year? "
Xu Lu thought about it for a while, "It seems to be Mange card."
Nan Yi nodded, "That year, the Mange brand was in my hands. At that time, the factory encountered a problem. I decided to let Sun Yuefeng take the tape recorder away on credit, but he had to pay more for each machine. Thirty dollars.
It can be said that Sun Yuefeng was able to get up that year, and I had a part of the credit. Of course, my purpose at that time was not to support him, it was just a coincidence. It has to be said that Sun Yuefeng is a man of great luck, and he bumped into a good thing. "
"Brother, is Mange yours?"
"No, the situation inside is a bit complicated. We will talk about it when we have a chance in the future. Let's continue with the current topic."
"oh."
Xu Lu nodded.
"In 1989, Sun Yuefeng bought 300 mu of land in Yecheng, which happened under my nose. At that time, I started a company in Yecheng and paid attention to the real estate market by the way. I almost knew the land transactions that happened every day in Yecheng. .
I know the original owner of the piece of land that Sun Yuefeng bought, and I also know the day he completed the transaction. At that time, Sun Yuefeng had already entered my sight, and I always paid attention to his affairs. Therefore, I know very well the development history of Jinlan Company. "
"No, no matter how much you pay attention, it is impossible to know so clearly." Xu Lu questioned: "Brother, do you have a spy in Jinlan Company?"
"What spy, I'm still 007."
"I mean, have you bought someone from Jinlan Company?"
"Theoretically, there may be, but in practice, it is definitely not. This kind of method is too dirty. How can I use this method when I am an upright person." Nan Yi said with a half-smile: "In a few days, I will go to Xianlu Capital Thing, girl, you can treat her as my concubine."
Xu Lu turned her head and laughed, "Wang Yajuan?"
"Hehe." Nan Yi smiled and didn't answer, but continued along the previous topic, "Sun Yuefeng caught the wind several times and developed quite fast. Maybe because of the speed, he accumulated a lot of problems. Maybe it's because I'm swollen, my head is hot, and I'm not so shrewd in doing things.
In 1992, according to the opinions of the Fengtian Municipal Government, Jinlan Company raised shares from the society after standardization, and was established as the first batch of 20 joint-stock transformation demonstration units by the documents of the Fengtian Municipal Government and the Municipal Reform Commission.
At that time, the shareholding structure consisted of 13 social promoters, raising a total of more than 200 million yuan, and all the shares were equalized into equal shares, and three types of equity were set up: state shares, legal person shares and individual shares.
Among them, Sun Yuefeng personally invested 110 million yuan, accounting for 56% of the total shares. Later, at the general meeting of shareholders in August 1993, Sun Yuefeng was elected as the chairman of Jinlan Co., Ltd. by 19 directors at the time.
There are unpredictable things in the sky, and people have misfortunes and blessings.
Not long after Sun Yuefeng became the chairman, affected by the national macro-control, the sales of home appliances were in a weak state for a time, and the business of Jinlan's chain stores was greatly affected.
Perhaps because of other shareholders, Sun Yuefeng lost the right to act arbitrarily; perhaps because of other shareholders, Sun Yuefeng wanted to show his ability to turn the tide. In December of the same year, Sun Yuefeng decided to try to carry out "principal return sales" ', and first launched a pilot project in Fengtian, the base camp. "
Xu Lu interrupted Nanyi and said, "I know this. My mother also bought a washing machine. It was agreed that after three years, Jinlan Company will refund the money for the washing machine to my mother."
"Well, after consumers purchase home appliances in Jinlan chain stores, Jinlan company promises to return the full cost of shopping to consumers after three, five, and eight years respectively according to the product category.
The chain stores of Jinlan Company have always sold home appliances very cheaply. The profit is a little lower than that of its competitors, but not much lower, because its price difference is larger than that of its competitors. More favorable prices. Secondly, most of the products promoted by Jinlan Company are products from small factories. Originally, the price difference is large, and the profit margin is very large.
The repayment sales activity was approved by the Commercial Office of Fengtian City Government, and under the notarization of the Peace Notary Office, it was carried out in various chain stores in Fengtian. In just a few days, it created a sales volume of 80 million.
But everything came to an abrupt end on the last day of December. The Industrial and Commercial Bureau demanded that the repayment sales affect the normal operation of major shopping malls.
Three days later, that is, on January 4, 1994, the public security department said that Sun Yuefeng's repayment of sales was a fraud, and first detained the deputy general manager of Jinlan Company, and then detained Sun Yuefeng. Subsequently, several departments entered Jinlan Company and seized the company's warehouse, more than 100 transport vehicles and financial documents.
Firstly, it was checked whether the repayment of the principal was illegal, and then it was checked for tax evasion. Sun Yuefeng was detained there for eight months. Do you know what happened afterwards? "
"Sun Yuefeng was arrested again two days ago."
"Well, let me tell you something you don't know. Soon after Sun Yuefeng was arrested in January last year, Jinlan Company elected Sun Yuefeng's wife Huang Lin as the company's executive director, acting chairman, and general manager. At that time, only four directors participated in the election. meeting.
According to the articles of association of Jinlan Company, decisions made by at least half of the directors or the board of directors attended by their representatives are valid. As I said earlier, Jinlan Company has 19 directors, which means that Huang Lin can be a legitimate contemporary director only if 10 people agree. long.
Regardless of whether Huang Lin, the acting chairman, complied with the regulations, she was appointed anyway. Since she took over, the operation of Jinlan Company has been a bit... How should I put it, from the perspective of normal corporate development, it is a bit incomprehensible.
While expanding the chain stores of Jinlan Company, Huang Lin secretly sold off the well-developed chain stores. Her actions were very small. She was not an insider or paid special attention to Jinlan Company. It was impossible for her to detect it. Guess why she did this? "
Xu Lu: "Brother, where's the money from selling chain stores?"
Nanyi smiled knowingly, and praised: "Yes, I grasped the core of the problem at once. The reason why Jinlan Company carried out the shareholding system reform is that the development is too fast and there are too many backlogs to solve. The reason. This is nothing in the first place. If you spit out some shares, raise some funds, and change from capital accumulation to capital concentration, the speed of development can be faster.
However, the shareholding system reform of Jinlan Company is not clear, and many issues are very vague, and property rights and responsibilities are not clear. From a commercial point of view, this is a hidden danger. Expanding the reasoning, this may be someone leaving a back door. "
"What back door?"
"In the future, the back door of Jinlan Company will be embezzled, and someone will miss this property."
"Who is it?"
Nan Yi said perfunctorily: "How do I know this? I'm not from Jinlan Company, and I'm not in the bureau. How can I understand it?"
Xu Lu was slightly disbelieving, "Brother, why do you pay attention to Sun Yuefeng and Jinlan Company?"