Rebirth: I Became a Financial Tycoon

A heavy hangover sent Li Cheng back to 1999. Facing people who were both familiar and unfamiliar, Li Cheng was indeed excited. "This is time reversal, my youth is back!"

Li Cheng deci...

Chapter 245 Circular Holdings

Vice President Fu left a very bad impression on Director Yang. Not just bad, but terrible.

Credit work is highly business-oriented, and Vice President Fu is not familiar with the business, but she likes to give instructions, which is very annoying.

Not only Director Yang, but also Director Meng Jianghong, Director Wang from the sales department, and even Director Yan from the office, she would give guidance whenever she had the chance.

It is a good thing for leaders to guide their subordinates in their work, but it would be very annoying if they give blind orders.

Over time, these middle-level managers began to resent the deputy president and became skeptical of her leadership abilities.

Later, someone came up with a rumor that Vice President Fu was able to become the vice president because of President Gao.

Vice President Fu is a divorced woman, which gives people endless imagination.

It's daydreaming, not wishful thinking, you have to make the distinction.

In this way, many people in the branch will have the idea that anyone can become the deputy president.

You can't blame these people for thinking this way. The reason why Vice President Fu became Vice President was not because of her ability, but because of her relationship with President Gao.

Director Yang felt that even if he became the deputy president one day, it would not be a big deal.

As for becoming a bank president, Director Yang felt that it was something he would consider after he turned fifty.

It seems like this is how my life will be. Time has worn away my edges and the spirited scholar I once was.

Director Yang became more and more discouraged the more he thought about it, and now he felt that Li Cheng's proposal was indeed a good one.

The CEO of an investment company, this is just what I want!

Although I work in credit management, I face too many restrictions. I have to issue loans when I shouldn't. I have suitable loan projects but cannot issue them because they don't meet the branch's regulations.

I have become a machine, with no chance for self-expression.

What I studied was the credit business! Was all my talent going to be wasted like this?

Director Yang became angrier the more he thought about it. If it wasn't for the fact that it was already past one in the morning, he would have immediately called Li Cheng and told him that he was willing to be the CEO of this investment company.

It doesn’t matter how much money you make, the main thing is that you want to do something.

Three days later, Director Yang formally submitted his resignation.

President Hou was unable to retain him, so he reported the matter to the municipal branch.

The city branch did not respond at all.

Director Yang felt insignificant. This feeling of being insignificant in the eyes of the big bosses of the city branch deeply hurt him.

After learning of this fruitless result, Li Cheng comforted him: "There are too many managers at your level, and you are nothing in the entire system. But you are a treasure in my eyes, and I will give you a bigger stage to show your style."

Director Yang was speechless! He knew that if this person resigned, the bosses of the city branch would definitely come forward to retain him.

Li Cheng continued, "In fact, we often have the illusion that the company cannot do without us. But many times we cannot do without the company, and we always think that we can get everything we want here."

Director Yang felt that Li Cheng was right. He also knew why Li Cheng didn't want to leave the branch, and he also knew that it was right for him to leave the branch.

Because this place can no longer give him what he wants. Not money, but spiritual things.

Li Cheng added, "You will have 10% of the shares. I think this 10% will give you enough motivation to invest in the company."

It was not 10% of the investment company's shares, but Li Cheng gave him 10% of the shares, which made Director Yang feel a little strange.

In fact, there is nothing strange about it. The investment company established by Li Cheng this time is just an investment company. There is also a collective that controls this investment company, called a holding company.

The people in this holding company are all independent shareholders.

Among these shareholders are Li Cheng, Li Hui, Weng Xiaozhu, Principal Han, Meng Jianghong, Lao Yue, Zhang Dahe, and Yang Hong, also known as Director Yang.

Among the nine people, Li Cheng holds 51% of the shares, and the rest hold 49% of the shares.

But in the investment company, Li Cheng only has 10% of the shares, Yang Hong has 15%, and the remaining 75% of the shares are distributed among the shareholders according to their investment ratio.

This was a very strange shareholding plan, and no one except Li Cheng had any idea of ​​what it meant.

Li Cheng's holding company and shareholding plan are called circular holdings. Under this model, no matter how much money the investment company's shareholders invest or how many shares they hold, they cannot determine the final distribution of profits.

There is only one result of doing this, that is, Li Cheng will always hold the core power of this investment company.

This is the purpose of circular holding. Of course, there is another advantage to doing this, which is that Li Cheng can use the least amount of money to gain the greatest power.

Starting a company requires a lot of investment, and a company without investment is just a shell company.

Li Cheng's money didn't come from the wind, so he saved as much as he could, and it would be best if he could do big things with a small amount of money.

The circular holding model is good and exactly what Li Cheng wants.

When Director Yang, no, Yang Hong agreed to be the CEO of the investment company, Li Cheng began to plan to set up a holding company.

Things went smoothly, and soon Li Cheng obtained the industrial and commercial registration certificate of the holding company.

Then, as agreed in advance, Yang Hong, Meng Jianghong and others deposited the money into the holding company's account according to their shareholding ratio.

Since then, Zhongcheng Holdings Co., Ltd. was established.

To be honest, these nine people only contributed a total of 100,000 yuan.

Among them, Li Cheng himself contributed 51,000 yuan, and Yang Hong and the other eight people contributed a total of 49,000 yuan.

Meng Jianghong said, "This is a bit like setting up a shell company! One hundred thousand yuan to start a company is definitely too little."

Li Cheng lectured her, "It's called a shell company if it doesn't contribute a penny. We've already contributed 100,000 yuan, how can it be called a shell company?"

Well, you pay more, so you have the final say. Meng Jianghong and the others trusted Li Cheng very much. Since they couldn't figure out what Li Cheng was going to do, they might as well just let him do it.

Li Cheng was determined to explain the ins and outs of this to them, so he told them, "This 100,000 yuan is actually for the establishment of this holding company. Without capital injection, the company cannot be established. Besides, I can come up with the 100,000 yuan myself, but that would be me playing alone, which would be boring. It would be much more fun to play with you all."

Oh, it turned out that Li Cheng wanted to bring these people he liked to play with him, so he recruited them to join the group. Several people thought that Li Cheng was very considerate and did not forget about them when he was playing.