“If Jiafeng can bring in Goldman Sachs and then successfully go public, our profits will be more than 5 billion. Didn’t we sign a priority share purchase agreement before?” Another vice president in his fifties said, “We can acquire a certain amount of equity based on the previous valuation before Goldman Sachs comes in.”
"As long as international capital enters, we will make money, and we are making money now."
Feng Zhiyao sat at his desk in a suit and tie, with his hair slicked back and frameless glasses on his face. Compared to last year, he now had the air of a domineering CEO from a movie or TV series.
However, this president didn't have much domineering ambition. He just found the greedy faces of these vice presidents extremely vulgar every day.
“If Brother Feng wants to do it, then go ahead and invest. I think investing in Jiafeng Electronics shouldn’t be too much trouble, right?” Feng Zhiyao said.
“President Feng, you are now the group’s vice president. In official settings, you should address Lu Feng as President Feng. Also, for any investment, we must consider the risks and returns. The risk control department will handle that,” Zhenkun reminded him from the side.
"It's not like I haven't studied it. What's the point of you all nagging all day long? You've all done all sorts of plans, strategies, risk control, background checks, market research, and all that mess. What's the point of having me as a puppet?" Feng Zhiyao said, sounding particularly agitated. "I'm just signing something. It doesn't matter who you ask to sign it."
“This is a transition period. You need time to get to know the company. Your dad hasn’t been feeling well lately, and I haven’t told him yet. You might have to handle this personally.” Zhenkun looked at him and comforted him, “After all, such a large company needs to give an account to its shareholders. Besides, there are quite a few conflicting opinions within the board of directors, as you know.”
Feng Zhiyao knew that the board of directors had long wanted to find a professional manager, and some people even wanted to kick the Feng family out. If Mr. Feng hadn't specifically appointed Feng Zhiyao as the vice president, his two older brothers would have rushed back long ago.
"Do whatever you want, all you care about is money!"
Feng Zhiyao looked somewhat disappointed. He stood up and left without saying a word. The people present looked at each other in bewilderment. Everyone had sensed during this time that this third young master didn't seem to have much ambition and didn't seem to care much about money.
Three days passed in a flash. Lu Feng inspected the talent reserve center, and internal reforms were officially put on the agenda. During these three days, Elmi was extremely anxious, and she even developed two blisters on her lips from worry. The situation was beyond her control, and she could no longer contact Lu Feng.
Although she had sent a lawyer's letter to Jiafeng Electronics and hired a lawyer to prepare for a lawsuit, she knew in her heart that these were all matters for later. She was afraid that before the court hearing even began, she, as the person in charge, would suffer from diarrhea.
Unable to withstand the pressure, Elmi called her father and explained the whole story. Together, father and daughter shifted all the blame to Monica and President Zhang at the high-level meeting, making it seem like the two of them had done it behind Elmi's back.
Although Elmi knew nothing, he still gave a profound self-criticism to the group's senior management over the phone and expressed his willingness to take full responsibility.
After imposing some minor punishments, Monica and General Manager Zhang were dismissed, and Elmi's father was also punished. It's said that Monica kicked down Elmi's door when she left, cursing and threatening to fight, while Elmi remained silent inside his office.
Monica had already spoken to a senior executive in the group beforehand. As a seasoned professional, she knew all too well the principle of shifting blame when something went wrong. However, she never expected that Elmi's father was the company's CEO.
The headquarters is also responsible for coordinating with Jiafeng Electronics on this matter, and some functional departments of both sides have already begun to make contact.
Zhuang Yuntian was also urged by Goldman Sachs headquarters to submit some information about Jiafeng Electronics as soon as possible. He contacted Lu Feng several times, but the reply he received was that Lu Feng was on a business trip in another city.
Lu Feng, who rushed back from Suzhou, gained a more comprehensive understanding of the talent reserve center and realized how scarce talent is now.
Top-tier talent goes abroad, second-tier talent joins state-owned enterprises or takes civil service exams, third-tier talent spends money to find connections to get into state-owned enterprises, and the least talented people all run off to private companies.
Previously, when Lu Feng had dinner with Liu Cheng, he told him to promote a large number of young people, saying that the quality of college graduates nowadays is high. But after this investigation, the people in the talent reserve center are not only not of high quality, but probably not even of high quality.
"Mr. Lu, Nokia's European headquarters recently contacted us. They hope to have some discussions. Also, there's news from Sun Hung Kai Properties about financing. If we have a chance to get financing from Wall Street, they will try their best to help us. And Zhuang Yuntian..."
"Stop, stop, stop!" Lu Feng sat down and looked at Wei Yandan, saying, "I just came back from Suzhou, and right now I have one thing on my mind: when can you bring the best students from the universities to the talent reserve center?"
Wei Yandan looked troubled and said, "This is too difficult."
"I don't care, figure it out yourself. I can approve some funds to raise their internship salaries. I don't care if you rob, steal, cheat, or even coax and deceive, as long as the people come." Lu Feng said in a deep voice, "We don't have any talent in our talent pool right now."
“President Lu, anyone with a modicum of ambition doesn’t come to work for a private company these days. We’re the worst choice.” Wei Yandan looked troubled, but her words were the truth.
“Then go out and brag that we’re a foreign company. There’s a wave of students going to the US right now, so tell these students that if they do well here, they can go to the US on a government scholarship in three years and get a green card in five. Whatever they want, we’ll offer to attract them.” Lu Feng seemed quite powerless, and said with a gloomy expression, “That’s just how the times are. No one can really go against the tide.”
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