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Chapter 723 Preparatory Committee

Yu Qingyang followed the old man to the Provincial Party Committee and reported to Secretary Zhang of the Provincial Party Committee on the split and reorganization of the African Development Group.

Secretary Zhang agreed very much with Yu Qingyang’s idea and gave it a high price.

Neither the old man nor Secretary Zhang have any objections to reducing their holdings in African Development Group. With their status and vision, they will naturally not focus on a few shares.

What the two people value more is the role of the newly established African Development Group and the country's influence on Africa's strategic layout.

Africa is currently the world's resource base and the richest source of resources.

China is the largest market country in the world.

The role played by a resource-producing place and the largest market country is definitely the result of one plus one being greater than two.

After returning to the company, Yu Qingyang immediately held an interim party committee meeting.

“The leaders of the provincial government and the provincial party committee have approved our establishment of the African Development Group!

The next step is to prepare for the establishment of the African Development Group!

I propose that Comrade Wang Hongbo serve as the director and acting general manager of the African Development Group!

Comrade Wang Nianxin serves as the acting chairman of the group’s board of directors!

After the group is formally established, the general manager, chairman of the supervisory board and other positions will be elected!

Let’s all talk about it!”

Yu Qingyang got straight to the point and announced directly that the provincial party committee and the provincial government agreed to establish the African Development Group and proposed the appointment. Naturally, no one in the party committee objected.

"Okay, unanimous vote passed!

Chairman Wang, oh! You should be called Mr. Wang now!

Next, Mr. Wang will hand over the affairs of the trade union to Comrade Wu Songhua, and you will be fully responsible for the preparations for the establishment of the African Development Group!"

"Yes! Chairman, I will socialize with Chairman Wu when I get back!" Wang Hongbo secretly clenched his fists in excitement and said loudly.

Wu Songhua is the first vice-president of the labor union. It is natural for him to temporarily take over Wang Hongbo's job, and no vote is required.

“I propose that Chen Guang, the deputy director of the human resources department, Ma Mingxin, the deputy director of the finance department, and Liu Mingshan, the deputy director of the administration department, be transferred to the African Development Group to serve as the human resources director, financial director, and administrative director!

If you have any opinions, please tell me!"

"Chairman, Chen Guang, Ma Mingxin, and Liu Mingshan are all cadres we have trained ourselves. I agree to transfer them to the new group company!" Zhong Zhenyao was the first to express his opinion.

"I agree too!"

"agree!"

Still passed unanimously!

Yu Qingyang then explained to Qian Haiyan, the HR director who was attending the meeting: "Mr. Qian, your HR department will come up with a list as soon as possible and transfer personnel from the group and its subsidiaries to the African Development Group to enrich the structure of the African Development Group!"

"Yes! We will come up with the list as soon as possible!"

"Well! Mr. Chen, your Finance Department must complete the financial division of the new group company as soon as possible!

Be sure to keep your accounts clear so that the subsequent financing can proceed smoothly!”

"Yes!" Chen Changyi, who was in attendance, stood up and agreed loudly.

"Mr. Wu, your administrative department will cooperate with Mr. Wang to make preparations!"

"Yes!" Wu Yunfang also stood up and agreed loudly.

"Okay! That's it for today's meeting. The Personnel Department will come up with the list as soon as possible. Our next meeting will be dedicated to discussing the personnel appointment issue of the African Development Group!" After finishing the business, Yu Qingyang decisively announced the adjournment of the meeting.

This is his Yu style meeting style.

After the meeting, Yu Qingyang informed several shareholders about the establishment of a new African Development Group.

The share structure of Huayu Group is relatively simple. The State-owned Assets Supervision and Administration Commission controls 51%, HSBC holds 20%, the five major state-owned banks each hold 1%, and Yu Qingyang, as the largest individual shareholder, holds 100%.

Twenty-four points.

Next, Wang Hongbo formed a preparatory committee with the three directors who had just been transferred to the African Development Group and began to prepare for the establishment of a new company.

The first step is to register the company and divide the finances.

Registering a company is very simple. With Huayu's current status, registering a new group company is naturally a green light.

Financial division is also simple, just change the ownership relationship of Huaihai African Building Materials Co., Ltd. to a new company name.

When it comes to Huayu International Security Company, it needs to be split, the international security company should be changed to the name of the new company, and the domestic business department should re-register a new security company.

There is no need for Yu Qingyang to worry about all this, Wang Hongbo will take care of it himself.

Although the African Development Group has not yet been registered, news about external financing has spread. State-owned enterprises, individuals, and the Eight Immortals have all shown their magical powers and found Yu Qingyang through various relationships, hoping to get a share of the financing.

HSBC was very dissatisfied with being excluded from financing this time. Feng Xiaochen called several times to communicate and even flew to Quanshui to find Yu Qingyang.

Regarding this, Yu Qingyang insisted that this was the opinion of the provincial party committee leader and he must abide by it.

Feng Xiaochen went to meet with the leaders of the provincial government and the provincial party committee through connections. Although Yu Qingyang didn't know what the leaders said, Feng Xiaochen ultimately came back disappointed.

Yu Qingyang can reject the tough HSBC Bank's investment in shares, but he cannot refuse those large state-owned enterprises' investment, let alone those with personal funds.

The reason for rejecting HSBC is that they already hold 20% of the shares in the newly established African Development Group. If they accept HSBC's financing this time, HSBC may become the second largest shareholder.

The stability of the company is very unfavorable and is not conducive to Yu Qingyang's control of the new group company.

Therefore, this time Yu Qingyang not only refused to accept financing from HSBC, but also continued to dilute HSBC’s shareholding ratio with this financing.

Mushi Tianhua Hotel, Presidential Suite.

"Three eight!"

"Shun, three nines!"

"Enough level, three circles!"

"Enough, three points!"

"Three twos! Give me the cards!"

Yu Qingyang and the presidents of the five major state-owned banks gathered together to fight for success.

"Director Yu, have you come up with your financing plan?" Manager Li dropped four sevens and said to Yu Qingyang.

"Basically, it's 200 billion. It depends on how much the Gods of Wealth can eat!" Yu Qingyang followed the four nines and said to the five major bankers with a smile.

"Are you willing to eat us all? That's enough!" Gao Xingchang, who was sitting opposite Yu Qingyang, smiled and threw down the four hooks.

"Haha! You, the God of Wealth, are not short of money, but you have to leave some for other companies, right?

Four old kings are enough!" Yu Qingyang said, throwing down four kings.

"Director Yu, just tell us how much you can give us, and we can report back when we go back!" President Sun asked directly.

“It’s hard to say now, but it won’t be less than 100 billion!

If they can't eat the others, how about dividing them among the Gods of Wealth?" Yu Qingyang said with a smile.

"Dr. Yu, it's too little. How about you raise a little more? How about 500 billion?" Manager Li suggested with a smile.


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