In Hong Kong, there are usually only three days off for the Spring Festival, and this is the treatment for large companies, while small companies usually only have one day off on New Year's Eve.
Due to the influence of Western culture, Hong Kong generally celebrates two New Years. The first New Year is on January 1st of the Gregorian calendar, which is New Year's Day.
On December 31st, before this day, grand countdown ceremonies are held on both sides of Victoria Harbour in the harbor to welcome the arrival of the new day. This day is also a public holiday in almost all countries around the world.
The second is the Lunar New Year, which is the first day of the first lunar month. Hong Kong also celebrates it, but it is not as grand and lively as the New Year of the Gregorian calendar. It usually lasts for a maximum of three days, and relatives just greet each other during the New Year.
Mo Zhexuan's original family is from mainland China, so he is not very interested in the New Year of the Gregorian calendar. He has always valued the New Year of the Lunar calendar, which has deeply influenced him.
All subsidiaries within the Xiangjiang Group, as well as China Gas Company and Guanghu Real Estate Company, have three days off during the Chinese New Year. If they really cannot rest and need to work overtime, they will be paid three times the overtime pay. This rule applies to any statutory holidays.
This triple overtime pay is unique in Hong Kong, making all Hong Kong citizens envious, but also making all large, medium and small enterprises hate it, and even the Hong Kong government has personally intervened.
After all, your company's actions have angered the public, but Mo Zhexuan just brushed it off with internal benefits. You can't afford to pay your employees, so who can you blame?
Just like when the famous electric car company Tesla came to China to build a factory, it is said that the basic salary plan for general workers at that time was yuan. Once it was launched, it was unanimously opposed by domestic capitalists, who believed that the price was too high.
This greatly puzzled the man nicknamed the Iron Man of Silicon Valley, because this price was already very low compared with other countries internationally. Finally, under the coercion of a group of capitals, he had no choice but to compromise and reduce the basic salary to about 5,000 yuan, which became the ceiling of high salaries for ordinary workers in China at that time.
Sometimes I have to sigh that the capital’s routine is too deep, and it firmly controls generation after generation through wages. However, today’s young people are awakening, and it is no longer possible for them to be as hardworking and conscientious as those in the 1970s and 1980s. In the end, they become leeks and are harvested again and again.
The policy of triple pay for overtime work on holidays seems to have been implemented in Hong Kong around 2000, when overtime work on statutory holidays did not require compensatory leave, and an additional 300% overtime pay was paid.
"Mr. Mo! The total bonus paid out by the Xiangjiang Group headquarters and its subsidiaries is HK$3.5232 million. The bonus paid out by Guanghu Real Estate is HK$2.3023 million. The bonus paid out by China Gas Company is HK$2.5032 million. The total is HK$8.3287 million."
"We give each employee a red envelope of HK$288, consisting of two hundred-dollar notes, a fifty-dollar note, a twenty-dollar note, a ten-dollar note, a five-dollar note, and three one-dollar notes. This symbolizes common development, abundant financial resources, and prosperity."
“.............”
While Mo Zhexuan was dealing with the mountain of documents on his desk, he was listening to his secretary quietly introducing the relevant situation. He continued to ask for reasons when he didn't understand, and finally made instructions on the relevant documents.
As a boss with a strong desire for control, there are some things that he must personally decide and authorize in order to feel at ease. Otherwise, it is possible that he will be fooled.
An hour later, the number of documents on the table had been reduced, but nearly two-thirds of the documents were still standing upright on the table, so conspicuous.
"Xiao Wen! Take a break first, we'll continue later."
"Okay!" Wen Jing agreed, and immediately returned to the coffee table, picked up the teapot, and filled Mo Zhexuan's teacup with tea. Then she took out her own cup and started drinking tea.
Mo Zhexuan took a few sips of tea to moisten his throat, then picked up the cigar box on the desk, took out a cigar and lit it. After puffing away for a while, his fatigue was finally relieved.
“Bang, bang, bang!…”
"Come in!"
After a while, Wang Pengfei walked in in a black suit, with a smile on his face and a folder in his hand.
"Mosheng! Happy New Year!"
"Thank you, and Happy New Year to you too!" Mo Zhexuan nodded with a smile, then stood up and said to his secretary Wen Jing, who was making tea at the coffee table:
"Xiao Wen! Once the tea is brewed, please distribute the documents I approved to the various departments and subsidiaries."
"Okay!" Wen Jing quickly and swiftly placed the brewed tea on the glass table opposite the sofa, then quickly walked to the desk and took away the document that Mo Zhexuan had approved.
"Come! Have a cigar first." Mo Zhexuan took out a cigar from his cigar box and handed it over, then took the document from the other person's hand with his right hand.
"Mr. Mo! I came here today to tell you a piece of good news. We now hold 29.33% of the shares of Southern Group, with a total investment of HK$533 million. We have surpassed Wu Zhongwei to become the largest shareholder of Southern Group..."
Wang Pengfei took a sip of tea and couldn't wait to tell the whole process of acquiring the shares of Southern Group, his face full of joy.
You should know that the peak market value of Southern Group last year was more than 5 billion Hong Kong dollars. If you want to acquire 30% of the shares, you need at least 1.5 billion Hong Kong dollars. Now you can get it with only one-third of the money, so naturally you feel a great sense of accomplishment.
"You've done a good job. Southern Group is a company that has been deeply involved in the food trade for many years, especially in the frozen goods trade. It is a monopoly in Hong Kong. I have now changed my mind about such a high-quality company."
Mo Zhexuan carefully read the information about the Southern Group and suddenly had a different idea. The reason why Wang Pengfei secretly acquired the Southern Group was mainly to teach Wu Zhongwei a profound lesson and reap huge profits at the same time.
After all, because the Southern Group sided with Delicious Duck, it caused great losses to Fragrant Duck, which was in the process of issuing stocks on the stock market. Although the crisis was finally resolved without any danger, a grudge was created.
"You mean we don't sell the shares to Wu Zhongwei and make a fortune, but instead take complete control of the Southern Group."
Wang Pengfei was surprised when he heard this. If it was just about making a big profit, it would be very easy, because the Wu Zhongwei family only controlled 25.23% of the shares of Southern Group. If they wanted to acquire it, it would be difficult.
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