"That's pretty much it!" The old man finally relaxed his brows.
"You're rich enough now! It's time to think about the big things in life. Otherwise, you won't even have an heir. Why are you making so much money? Waiting to be buried with you in the grave when you get old?"
He was not polite at all when he taught Uncle Long, whom Liu Dong regarded as his nephew, a lesson.
Of course, such a reprimand seemed to Liu Dong to be genuine concern and love. So he couldn't help but not resent it, but cherished it very much.
"Yes, yes, that's what you always taught me! I will definitely solve the problem of continuing the family line next year!"
"That's pretty much it!"
Seeing the old man nodding with satisfaction, Liu Dong finally breathed a sigh of relief.
After staying at Uncle Long's place for most of the afternoon, Liu Dong returned to the villa in the valley after receiving a call from Feng Jianhui.
"Chairman, this is all the information submitted by each branch for 2003!"
Looking at the thick document in Feng Jianhui's hand, Liu Dong took it and flipped through it briefly, then waved to Feng Jianhui, "Come, sit down and talk!"
"yes!"
"I'll go back and take a look at this information. What's the current situation of Standard Chartered Bank?"
"The basic situation has stabilized, especially after we successively announced that we have acquired important equity stakes in Australian BHP Billiton and French Renault. The deposits and assets that have been lost in the past two months have now begun to slowly return!"
"So far, our Standard Chartered Bank's Tier 1 capital has recovered to US$42 billion, the bank's total assets are US$958 billion, pre-tax profits are US$12.678 billion, and actual profits have increased by 12.8%, ranking first among the 1,000 large banks in the world.
Ten! In front of us are Bank of America, ********, HSBC, Citigroup, Japan's Mitsubishi Financial Group, France's Credit Agricole, the Royal Bank of Scotland, Japan's Risen Bank, Halifax Scotland, UK
Banks. Behind us are BNP Paribas and Bank of China, which are ranked 11th and 12th respectively.”
After listening, Liu Dong nodded.
After experiencing a series of setbacks, Standard Chartered Bank has not fallen out of the top ten in the banking industry, which surprises and gratifies Liu Dong.
His US$37 billion was not in vain after all!
In addition, looking at the documents, he also lamented the depth of the wealth of Citigroup and HSBC Group. After being cheated by him, only one or two people lost.
Even Citigroup, which suffered the most serious losses, only gave up its No. 1 spot and still firmly suppressed Japan's Mitsubishi Financial Group behind it with Tier 1 capital of US$68 billion and total assets of US$1,349.8 billion.
"How much do we have in Standard Chartered now?" Liu Dong said.
"Already close to 97%!"
After nodding, "How's the deal with BHP Billiton and Renault's shares going?"
"27.5% of BHP Billiton's shares have been transferred to Oriental Resources Group, on the condition that Oriental Resources Group holds 30% of its shares and US$7.5 billion in cash! Renault's shares have been handed over to Daewoo Motor Group, on the condition that Daewoo Motors Group holds 25% of its shares
Shares and US$2.8 billion in cash!" After finishing speaking, Feng Jianhui looked at Liu Dong with admiration.
The important stakes in BHP Billiton and Renault, which are worth more than $20 billion and are leaders in their respective industries, have laid a solid foundation for the stability and recovery of Standard Chartered Bank.
Regarding Feng Jianhui's words, Liu Dong did not express any opinions!
Dozens of subsidiaries of Hanhua Group have cross-shareholdings with each other, which has never stopped over the years.
Just like Standard Chartered Bank, 97% of his shares are not directly controlled by Liu Dong, but are controlled by Hanhua Group Headquarters, Hanhua Commercial Bank, Huayang Group, Daewoo Group and other subsidiaries, and the holdings of these subsidiaries
The power is definitely in Liu Dong's hands.
The intersecting equity interests form a tight network, which effectively resists hostile takeovers from external funds. It also forms a powerful fist!
"Jianhui, how long have we been starting a business together?" Liu Dong suddenly asked after a moment of silence.
Feng Jianhui, who was unprepared for this question, was stunned for a moment. Although he was confused, he quickly answered: "It should be three and a half years ago, right?"
I remember the first time he and Liu Dong met, it was at the teahouse of Longshu Taiyi Pavilion. Although Liu Dong was full of confidence at that time, compared to now, his words were full of greenness!
Looking back on that scene now, Feng Jianhui was really filled with emotion in his heart. If he hadn't looked at Uncle Long's face at that time, he would not have chosen to take up the post under Liu Dong.
However, fortunately he chose to agree, otherwise he would not be where he is today.
"Yeah, three and a half years, it's really a long time!"
Seeing the emotion that was rarely seen on Liu Dong's face, Feng Jianhui couldn't figure out what he wanted to say for a while.
"I plan to implement an 'employee stock ownership plan' in each of the group's subsidiaries next year and set up a certain option pool!"
Liu Dong's indifferent words sounded like thunder in Feng Jianhui's ears.
After noticing the expression on his face, Liu Dong smiled and didn't say much. In fact, the reason for this is that Liu Dong understood that when the company expands to a certain level, if it wants to retain talents, it must come up with
More benefits. Moreover, because of what happened with Standard Chartered Bank some time ago, Liu Dong will no longer choose to list his companies for financing.
In this way, to avoid the bad consequences caused by "eating alone" and sharing some of the shares with more people, it may be an effective way to retain talents, preserve assets, resist future risks, and even avoid many political risks.
In the future, when democratic countries like the United Kingdom and the United States want to do something about Standard Chartered, they will have to consider the interests of thousands of Standard Chartered employees in the country!
"Chairman, will all enterprises under the Hanhua Group implement such reforms?" Feng Jianhui asked after a moment of silence.
"Yes!"
Liu Dong's nod made Feng Jianhui inevitably look forward to it.
Even if he was completely loyal to Liu Dong, Feng Jianhui would not refuse if he could get more benefits.
"What about the specific reform plan...?"
Facing Feng Jianhui's tentative inquiry, Liu Dong did not hide anything in front of his most trusted subordinate.
"The basic plan is to maintain 60% of the equity held by the head office in each branch! 15% of the remaining equity will be used as an option pool as an equity reward for outstanding employees of the new company in the future. In addition to this 75%
In addition to the shares, the remaining equity will be transferred to the employees of each company."
"In addition, I don't need employees to contribute money to subscribe for shares. The company transfers the equity for free based on the individual's performance and ability. However, the equity held by these employees only has the right to dividends and not the right to transfer! If the employees leave the company, the equity held by them will be
The shares will be automatically withdrawn!”
Although Liu Dong plans to give away part of his interests, he is definitely not giving away the assets he has worked so hard to earn in vain. But even so, it shows his sincerity. Standard Chartered Bank's annual profits are tens of tens.
Even if only half of the US$100 million in funds is distributed, each of Standard Chartered's more than 20,000 employees will still be able to receive hundreds of thousands more US dollars!
Of course, such an equal distribution is definitely impossible! But it can more or less double the company even with the most ordinary employees in the group.
"What about Cathay Pacific Airways and Emperor Entertainment Holdings?" Feng Jianhui continued to ask.
Although Liu Dong has absolute controlling stake in Hong Kong's Cathay Pacific Airways, it is not like Daewoo Group or Oriental Steel Group, which holds almost 100% of the equity, but only about 70%! If Liu Dong's equity reward plan is followed,
Obviously, the dividends received by Cathay Pacific employees cannot be compared with those of people in the same group. Therefore, after comparison, some complaints will inevitably arise, which will not be beneficial to the development of the company.
"We have absolute control of Cathay Pacific, and it is not too difficult to completely privatize it. I will solve this matter. As for Emperor Entertainment Holdings...!"
After thinking for a moment, Liu Dong shook his head, "Forget it! Emperor Entertainment is not within the scope of this equity award plan!"
Regarding Liu Dong's decision, Feng Jianhui also nodded in agreement.
Emperor Entertainment Holdings is a true cooperative company. Although Hanhua Group has the real controlling interest in it, this controlling interest is only 55%!
The rest is in the hands of Zhou Bin and Li Yuncong.
Coupled with the fact that it was originally a tool for Liu Dong to win over interest groups and the particularity of the gambling industry, Liu Dong did not want to make too many changes to Emperor Entertainment Holdings.
"By the way, Fengrui Agriculture Company and the New York Knicks basketball team are no longer within the scope of this equity award!" Liu Dong emphasized again.
The situation of Fengrui Agricultural Company is somewhat similar to that of Emperor Entertainment, except that the partner has become Uncle Long’s son. Liu Dong cannot make his own decisions without consulting the other party, even if he has absolute controlling rights.
As for the New York Knicks basketball team, their capital is too small and they are just Liu Dong’s accidental pastime. There is absolutely no need to join this plan.
"Understood!" After nodding, Feng Jianhui suddenly remembered something, "By the way, Chairman, I just received a call from Mr. Martin Bouygues. He has acquired Universal Music Group. I hope we can contact him as soon as possible.