The channel for "northbound traders" has been completely opened.
Relying on the self-sustaining capacity of this channel, Chen Dong completed the initial layout of the Russian country.
Today, he holds tens of millions in cash.
In China in the 1990s, they were definitely among the wealthy.
People like Jiang Fei, A Long, A Hu, Hua Zi, Lin Zhiyuan...
Chen Dong wouldn't be stingy with the people who had worked hard alongside him.
Each of them will be allocated 5%-10% of the company's shares.
What does that mean?
Simply put
For example, Longteng Electronics was managed by only Lin Zhiyuan and Hua Zi.
Given the current size of Longteng Electronics, each of the two individuals could receive a 10% share.
Of the remaining 80% of the shares, Chen Dong will retain 60% for himself, and the other 20% will be used for future equity incentives, etc.
As for Longteng Foreign Trade...
At this time, Longteng Foreign Trade was a cash cow.
In addition to the initial promise to give Lin Zhiming 10%, Jiang Fei and the other two would each receive 5% of the shares.
Chen Dong will also keep 60% of Longteng Foreign Trade for himself, and the remaining 15% will be used for other purposes.
certainly!
These are all just Chen Dong's ideas.
If it is to be implemented in practice, we will have to wait until the Chinese New Year.
According to Chen Dong's idea.
By giving up a portion of the profits, you can gain the unwavering loyalty of a few people.
This deal wasn't a loss!
Let's look at it from a different perspective.
Chen Dong only provided ideas and methods for making money.
Who is actually doing the work and earning the money?
It's not just people like Jiang Fei.
As for himself, he can earn a 60% profit without even lifting a finger, so what's wrong with that?
You can't eat the meat yourself and not even give anyone a sip of soup, can you?
Some might say, "At worst, we can just pay them more wages; that's still better than giving them shares."
If you really think that way, then you are very wrong.
Let's forget about Chen Dong's identity as a reborn person for now, and just talk about this matter.
Throughout history, how many people have turned against each other because of unequal distribution of benefits?
Are these examples few and far between?
If you were in a business with someone and they offered you a high salary, would you be happy?
Put yourself in someone else's shoes.
This might not happen at first, but once the business grows big...
You see other people eating and drinking well every day, no wonder you feel uneasy.
If someone is fanning the flames.
You probably feel like killing them, don't you?
From Chen Dong's perspective, he would never do something that would be like losing the big picture for a small gain.
There are two reasons.
First, the profits were distributed, which also freed up Chen Dong, giving him more time and energy to do other things.
Secondly, Chen Dong would not easily trample on the initial friendship because of this small amount of money.
It's no exaggeration to say that, so far, the two companies combined are worth 50 million.
No, it's not possible!
Let's take a step back and say that...
Let's say we multiply the base of 50 million by 100, and make it 5 billion.
60%, which is 3 billion.
The remaining 2 billion will be distributed entirely.
Chen Dong still didn't feel heartbroken.
Because it is May 1990, and also because he has 10 million in cash in his hands.
For others, 10 million is enough to make some investments and buy some properties.
But for Chen Dong, this 10 million could leverage 5 billion, 50 billion, or even more...
Furthermore, the words "dollar" must be added after the unit of measurement.
unconsciously.
Chen Dong's thoughts drifted even further.
He currently faces two choices.
First, they can buy land in Hainan and easily leverage 100 million yuan with their 10 million yuan.
In just two years, that 10 million will turn into 1 billion.
Secondly, it was also with this ten million that they officially entered the international stock market...
Chen Dong chose the latter without hesitation.
The reason is quite simple.
The former will be investigated by the government and punished later.
In the 1990s, 1 billion yuan was no small sum.
If Chen Dong really made that much money all by himself, he'd almost certainly be investigated.
Be bolder and move faster – that's the motto of this era.
After Hainan became a province, venturing to Hainan to seek their fortune became the choice of countless people from the mainland.
Those who lived through these times recall it as a crazy era.
"An army of 100,000 marches into Hainan, and major conglomerates scramble for territory..."
That is how all those who recall this story define it.
Starting in 1991, Hainan was filled with real estate speculators speaking various regional accents.
They spout astonishing astronomical figures, but behind these figures lies only a barren land, or a "skyscraper" that has just been dug.
These astronomical figures swelled every day until they evolved into a term that revealed their true nature: real estate bubble.
Someone wrote in their memoir.
As the "real estate bubble" in Hainan inflated, hot money from all over the country poured in.
Housing prices are rising rapidly at a rate of 200-300 yuan per day.
At this time, it's too easy to get money from the bank.
When someone calls the bank asking for 20 million yuan, bank employees come to your office and help you complete the loan procedures.
After receiving 20 million, he purchased a building in Huiyu Jincheng, a well-known residential complex at the time.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
Continue read on readnovelmtl.com
