Chapter 594 Return to the Magic City, Company Goes Public (4k)



"Dad, Mom, go to bed!"

Xia Yu gave up the room and went to the second bedroom alone.

The only drawback of Sherlock is that there are too few rooms. There is only one master bedroom and one second bedroom. The second bedroom was converted from a private living room, so it is definitely not as comfortable to sleep in as the master bedroom.

But he is a filial son after all, so of course he should give the good things to his parents to live in. It’s okay for him to deal with it for a few hours.

He had dinner before boarding the plane and fell asleep as soon as he got on. When Xia Yu opened his eyes again, it was still pitch black outside the window.

It was still dark, but the plane was about to land.

He got up and washed, and by the time he was dressed, the sun rose from the east, illuminating the sky.

At this moment, they had already entered the territory of China. After lowering their flight altitude, the Demon City soon appeared before their eyes.

After getting off the plane, they went back to their new home to have breakfast. Xia Yu let his parents stay for another day, and sent a helicopter to take them back to the production base the next day.

He started working as soon as he came back. After only one day, he got into the state and learned about the specific work progress of the four companies.

Xia's Film Company has made steady progress. The second part of "Republic of China Spy Shadow" has been broadcast on satellite TV, and a buyer has been found for the third part. The project has officially come to an end.

The senior students are still discussing what to shoot next. Xia Yu will not be involved in the TV series project, but he will definitely supervise the movie.

Xia Capital made a fortune thanks to the huge amount of funds provided by Xia Yu. Profits could not be made by relying solely on commissions, and one had to invest one's own funds.

There are risks and rewards, but before the sell-off, they are all floating profits. Xia Yu plans to reduce his holdings by US$200 million to use as a deposit for Sherlock 2.

The changes in Jierui Power are also gratifying. The new factory building at the headquarters has officially started production, and the first batch of 2.0 battery cells has been delivered.

As for the 3.0 battery cell, it will be launched on the market next year, and the subsequent improved models of the 2.0 battery cell will be mainly launched in the second half of the year.

The Jinyang branch will be put into operation in a month, and the overseas branches will have to wait until next year, but everything is moving in the right direction.

After learning about the progress of these three companies, Xia Yu was most concerned about Xia’s Catering, which was about to go public.

After the listing, he will obtain a large amount of funds through dividends and cashing out, most of which will be used for the expansion of Jierui Power, a small part will be used for the lunar project, and his favorite artificial meat project.

The early stages of both projects involved building laboratories, one for lunar minerals and the other for artificial meat biology, with the aim of producing certain research results and clearing the way for major actions in the later stages.

"Is it confirmed? Will it be officially launched in April?"

Sitting in the conference room of the New World headquarters, Xia Yu confirmed with Xue Ping that today was already March.

"Yes, boss. The date is tentatively set for April 14th. You will then go to the Hong Kong Stock Exchange to preside over the listing bell ringing ceremony."

Xue Ping answered in an affirmative tone that the listing preparations had been underway for half a year and were finally being finalized.

"Okay, I'll set that time aside. I went on a trip to Hong Kong just last year, but I didn't expect to be there for the IPO this year. Time flies!"

Xia Yu felt a little emotional, after all, this was his first listed company.

In the future, if the artificial meat project progresses smoothly, he will not put it under Xia’s Catering, but will re-register a company to operate it. However, cooperation between companies is still possible.

"Yes, boss. I still remember that you interviewed me at a nearby cafe. I had just been fished out of the bottom of the lake. Thank you for your continued trust."

"I also want to thank you for helping me manage the company so that I can focus on other projects."

The boss and employees praised each other's business.

There are many capable people and many loyal people, but there are fewer people who are both capable and loyal, because ability and ambition are more compatible.

It's quite impressive to be able to work at Penguin. The salary is much higher than most domestic companies. But even so, corruption cannot be stopped. Every year, many employees who cross the red line have to be laid off, including some leaders. Serious cases will be handed over to law enforcement agencies.

Xia Yu would not have this problem if he had systematic help. Employees with problems would be cleared out during promotion review and would never be able to move up.

Ensuring the integrity and loyalty of the senior management team means ensuring the stability of the entire company, so that everyone can work together.

This is the case with Xia's Catering, and the same is true for the other three companies. Employees who have worked for them will speak well of the company when they resign on their own, saying how nice the leaders and colleagues are, and how good the treatment is. If they were not offered too much, they really would not want to change jobs.

Job hopping here mostly leads to promotions, and it is better to stay than to make a flat move. In short, Xia Yu was as fair as possible.

After chatting with Xue Ping, Xia Yu returned to his office and looked out the window at the skyscrapers lined up one after another. Their building seemed a little short!

I didn’t think so in the past. At that time, Xia’s Catering only used one floor for office and it didn’t feel crowded. But now both floors are in use, and there is no room for expansion in the future.

Give up the second and third floors?

No, the fourth and fifth floors should be vacated, the headquarters should find another office space, and the entire building can be used as a museum.

As the car collection grew, the museum's original two floors gradually became insufficient. The Industrial Museum on Kanai Island could fit all the cars on one floor because the single-floor area was large enough, but the Xintiandi office building was much smaller.

Xia Yu's original plan was to use it as office, collection and business in the early stage, and in the later stage only retain the museum and Xia Jia Bao No. 1 store, stripping away the office attributes. So now he will stick to the original plan.

Thinking this, he called his assistant into the office.

"Xiao Wang, you guys should check out some office buildings in Shanghai. Our headquarters is getting increasingly crowded, and we might have to relocate after the IPO. If we find a suitable one, we should make plans early."

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

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