Chapter 161 The Beginning of the New Year



Zhang Tianming and Leng Ningshuang were very satisfied with spending this Spring Festival at their daughter's home. In addition to being taken care of meticulously in terms of food and accommodation, there were so many fun places to visit in Shanghai that they were not bored at all during the past few days.

Zhang Ningxi naturally showed her mother her jewelry cabinet. Due to the short time she had been there, she didn't have many jewelry items. Besides some Cartier and Bulgari fashion jewelry worth millions, there was also the jade bracelet worth over 100 million yuan and other jade jewelry.

After experiencing the top-level skin care service, Leng Ningshuang also felt that her daughter was spoiled too much. She could not let her go home in the future because she could not afford to support her.

Finally, Zhang Tianming went back happily with the wine, condensation cream and beauty card, and the couple was very satisfied.

The group's building had been renovated, and everyone moved into their own headquarters building as soon as they returned to work after the Spring Festival. Of course, a small moving ceremony was also required, but it was limited to the group and not widely publicized.

Group meeting room.

"Everyone, a new year, a new beginning. The group's move to a new headquarters building marks a fresh start, and there will be new requirements for all aspects of work."

Si Mingyu said as he looked at the dozens of executives present.

"Just because the group isn't a listed company doesn't mean you won't share in the company's dividends. I've instructed the Human Resources and Finance departments to develop their own equity option incentive plan, which I'll distribute to everyone here."

His words stirred up a thousand waves. For the executives present, compensation was only part of the equation; equity and options were their real goal. However, since the group company had only been established for two years and wasn't a publicly listed company, such matters were largely discussed in their minds.

What does it mean that it was implemented so quickly? It means that the boss is willing to share his wealth with everyone.

Executives are also workers, just high-level workers. The purpose of all workers is simple: income.

All complaints and resentment stem from the boss not paying enough. This statement may not be true, but it applies to the vast majority of workers.

The relevant documents were distributed to everyone. After a quick glance, everyone knew that once this plan was implemented, everyone present would become a multi-millionaire.

This plan is not only for executives of the group and its branches, but for all employees. As long as they meet the requirements, they can get options, but the amount will be different.

Of course, there are many restrictions, such as the number of years you must have worked at the group or its branch, the fact that you can only cash out in installments and the group has the right of first refusal. There are even detailed assessment plans to prevent people from just getting by.

"The plan will be implemented next Monday. I won't say anything more. It's the group's tradition to follow all the rules."

Everyone present expressed their understanding. The salary offered by Dongya Mingyu Group was already higher than the industry average. Now with the equity option incentive plan, everyone has clear goals and is more enthusiastic.

"Uncle Fu, how is the acquisition of the electronics factory going?"

"The deal has basically been agreed, and we'll be signing the contract in a few days. We've acquired a total of five factories this time, and after the integration, we'll be able to produce even the most basic electronic components ourselves, which will significantly reduce costs."

"Are there any problems with funding?"

"Don't worry about that. All branches of our group are not short of funds."

This wasn't just Fu Wanyun boasting; the electronics company still had 500 million yuan in funds on its books. After all, the OEM small appliances were previously funded by the manufacturers, and they would pay the manufacturers after receiving the payment.

For manufacturers, although they have to advance the funds, they still make more money overall. In addition, Dongya Mingyu Electronics Company is honest and will definitely transfer the money on the due date without you having to ask or urge them.

"The media company needs to maintain good publicity for the group company. Increase its visibility and establish a positive image. Those are the two requirements."

The entire meeting lasted until noon, and was used to arrange the overall work of the group company this year.

The phone rang.

When I picked it up, I saw that it was Li Taizhe's father Li Xi calling.

"It seems that I still couldn't help it." Si Mingyu answered the phone with a smile.

"Uncle Li, what do you want to talk to me about? Oh, let's get together tonight. No problem, just send me the location."

As a partner of the small appliance brand, Li Xi provided the electronic components, while his partner was responsible for assembly and production. Although they weren't as quick as Boss Yu in getting the news of Si Mingyu's acquisition of the electronics factory, they were still in the industry without any prior knowledge when the contract was about to be signed.

Li Xi was very anxious. Once the acquisition was completed and he had his own factory, he would have no chance of getting involved. But he couldn't say anything about it. After all, they were just a contract manufacturer. After the contract ended, it was normal for the brand to replace the factory if they wanted.

Li Xi didn't dare to disturb Si Mingyu during the Spring Festival holiday, and finally waited until the first day of work before calling him.

.

Only Li Xi and his son attended the dinner in the evening, while Si Mingyu brought Lin Shirui with him.

The meal was awkward. Li Xi clearly had something on her mind, but she was too embarrassed to say it out loud. After all, Si Mingyu hadn't made any moves to change the contract manufacturer. But it was even more uncomfortable to keep it to herself, and her expression was unpleasant.

Finally, Li Taizhe couldn't stand the strange atmosphere any longer and raised his glass to drink it down in one gulp: "Mr. Si, Junior Si, if what I say next is offensive, I apologize in advance."

"I heard that you acquired several electronics factories. I wonder if there have been any changes in our orders this year."

"The acquisition of the electronics factory is true, but it has nothing to do with our order. The newly added production capacity is going to be sold to Damao in the north. Boss Yu asked about this at the Spring Festival party before the New Year, and I thought you all knew about it."

"I've been overthinking this. I'll drink three more glasses as a punishment." Li Taizhe picked up the bottle and started pouring.

"What does this have to do with you?" Si Mingyu grabbed his hand holding the wine bottle.

Li Xi, who was standing by, felt even more upset after hearing this. The Li family was not invited to the Spring Festival party because of their financial strength. He didn't expect that outsiders knew about this, but he, the partner, only got the news now.

If you think about it, everyone who is close to Boss Yu probably knows about it and is waiting to see me make a fool of myself.

The funniest thing is that at the critical moment, it was his son Li Taizhe who had to rush forward.

"I'd like to offer a toast to Mr. Si. Everything is in the wine." Li Xi picked up the wine glass in front of him.

However, although the incident was not handled well, at least we know that it will not affect our business, and that is enough.

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