Everything in the world has its pros and cons. Several people said that the advantages of the shareholding system outweigh the disadvantages, and everyone accepts it.

Wenwen saw that everyone agreed to implement a shareholding system for the food factory. "Next, let's discuss the distribution of equity. The food factory will be primarily owned by our three shareholders. For example, if 100% of the shares are divided among the three, each shareholder will own 33% or so of the equity."

The others nodded after hearing this. They also understood it this way, that each company would hold a stake of around 33%.

Wenwen shook her head. "You all misunderstood. A joint-stock system doesn't allow everyone to share the equity equally. The reason for a board of directors is to select a decision-maker. When the factory faces major decisions in the future, the decision-maker will propose a plan, the other shareholders will review it, and the manager will implement it."

Xiao Heng, having served as the second-in-command of the municipal party committee, understood immediately. "This way, we can avoid everyone being the decision-maker, which can lead to difficulties in reaching important decisions."

"If it's not an equal split, how should the equity be distributed?" Lu Zhao asked. After all, they didn't understand.

Wenwen looked at Li Jianguo and said, "The food factory was originally established for Lijiawan. Since we wanted to make it bigger and stronger, we implemented a shareholding system. The largest shareholder belongs to the village."

Li Jianguo quickly waved his hands after hearing this. "That won't work. Who will be the decision-maker in Lijiawan? No one has the ability to do it. We can't let the food factory be delayed."

Xiao Heng pondered for a moment, "Does the decision maker necessarily have the highest equity stake?"

Wenwen shook her head. "Not necessarily. In fact, many things can be used flexibly according to the actual situation."

"I personally think that Lijiawan has the highest equity, and the vice president is the decision maker. The shareholding system was proposed by the vice president. Only you know the future development and plans best, so you are the most suitable person to be the decision maker." Xiao Heng expressed his opinion.

Li Jianguo nodded in agreement, "I agree with Comrade Xiao's point of view."

Lu Zhao had even less objection. In order to get on board Wenwen's big ship, he actually didn't care much about the idea of ​​cooperating in business.

Wenwen tapped her fingers lightly on the table as she considered the most reasonable way to divide the equity. "The Lu family and I own 28% of the shares, and the rest belongs to Lijiawan. However, Lijiawan will give 5% of the shares to the management, and another 5% as bonuses for employees. Lijiawan will own 34% of the shares."

Wenwen pointed out one point mentioned in the business plan: *employees*: attracting and retaining outstanding talents through equity incentive plans.

"In order to better retain talents, I propose to take out 10% of the shares, 5% to managers, and 5% to motivate other employees. Only with good talents can the company get better and better." Wenwen explained to them.

Xiao Heng had never heard of such a management style. "I think this is great. It allows employees to no longer simply think of themselves as working for the boss. Instead, everyone is a part of the factory and everyone is the boss. This way, everyone has a sense of belonging."

The others nodded in agreement, saying that this was indeed a good suggestion.

Wenwen saw that everyone had reached a consensus. She looked at Li Jianguo and asked, "Village Chief, do you have any good recommendations for this manager?"

Li Jianguo patted Xiao Heng, who was sitting next to him, and said, "Comrade Xiao, isn't he doing a great job? It's just that Comrade Xiao is being wasted in managing this small food factory."

Wenwen explained Xiao Heng's previous identity to Lu Zhao.

After hearing this, Lu Zhao sighed, "No wonder the village chief said it was a waste of talent. I have no objection to letting Comrade Xiao manage the food factory."

"Okay, since everyone has no objection, the equity distribution and management personnel have been decided. Next, let's discuss the products that the food factory will produce." Wenwen said.

She flipped through the business plan. "The products I mentioned in the plan are instant noodles and sausage. I think these two products are the most important."

Lu Zhao saw the mention of instant noodles in the business plan and frowned slightly. "As far as I know, Hai City has also purchased machines for producing instant noodles, but from what I've heard, the product isn't very ideal."

Wenwen said, "Is it because the dough can't be made?"

Lu Zhao was surprised, "The vice president even knows this."

Wenwen nodded. She had asked Wenxiao to find out clearly when he was delivering goods. Haishi Food Factory did buy a production line for instant noodles. However, because they did not understand the steps of making instant noodles, the noodles they made were not formed.

"Ever since I decided to make instant noodles, I've been looking for food factories producing instant noodles elsewhere."

"Vice President, do you know the production process of instant noodles?" Lu Zhao asked worriedly. Even the Hai City Food Factory couldn't make it, so how could she do it?

Wenwen smiled and said, "I'll make some instant noodles for everyone tonight. After you eat them, please comment on whether they are good or not."

Lu Zhao hadn't expected that she could actually make instant noodles. "Vice President, you know so much! But how did you know how to make instant noodles?"

"Reading. I used to have poor academic performance, but I have one thing in common: I love reading, all kinds of books. I once read a travelogue about how to make instant noodles.

Its inventor was Yi Bingshou, the prefect of Yangzhou during the Jiaqing period of the Qing Dynasty in my country. Yi Bingshou was a famous calligrapher and painter in the Qing Dynasty. He served as the prefect of Yangzhou for two terms. Yi Bingshou liked to entertain literati and scholars to discuss calligraphy and painting.

Because the customers came at irregular intervals, his cook was overwhelmed. Yi Bingshou wanted to find a way to reduce the cook's workload. He invented a noodle dish that required steaming the noodles, shaping them into a shape, and then deep-frying them. When eating dry, the noodles could be boiled in water, seasoned, and eaten directly. It was very convenient. So people at the time called this instant noodle Yimian.

Wenwen also knew that decades later, instant noodles were still called Yimian by people in Guangdong Province.

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