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Chapter 991 Group Reorganization

In early August, when Sun Dahai was still in London, he formally issued an order over the phone, asking Qiao Wanting to start reducing her holdings and leaving the market in an orderly manner.

Qiao Wanting will carry out Sun Dahai's instructions without any compromise.

Fifty days have passed, and under her command, the Asian team of the Financial Investment Department has completed approximately 40% of the shipment tasks, and the remaining related stocks will be completed before November.

After working on multiple projects, Sun Dahai now only needs to explain the overall investment direction to Qiao Wanting or the trading team, without interfering with their local operations and details.

Take the current situation as an example. Sun Dahai told Qiao Wanting of his judgment that my country's stocks were artificially high and the bubble phenomenon was obvious, and asked her to clear her positions and leave the market.

After Qiao Wanting returned, she analyzed it with Laurson and others, and finally selected a number of stocks from the existing stocks and prepared for operations.

The market value of these stocks exceeds 900 million US dollars, and most of them are Japanese stocks listed on the Tokyo and Singapore stock markets held by the company in the future.

But there are also stocks of companies that are closely related to the rise and fall of the Japanese stock market. There are also many listed companies in the American stock market, and they are all on the list that Qiao Wanting and the others plan to clear out this time.

This is what Sun Dahai hopes to happen now. If he always relies on himself to make investment decisions, why should he open a company? It would be enough to just open a Sun Dahai Financial Investment Studio!

This time, Qiao Wanting left the stock buying and selling at the bottom, daily control and final liquidation and exit to the financial investment department for routine operations, instead of convening a trading team to close the trading.

Now that the company has developed, the technical level and ability of the personnel have also been improved, so not all business needs to be completed by a few top people (trading team).

This stock business was completed through the collaboration of the entire department, and it can be regarded as a useful attempt organized by the Financial Investment Department.

In addition to the stocks included in the liquidation list, the Financial Investment Department also holds stocks with a market price of 120 to 300 million U.S. dollars. These stocks were purchased from the American market when the Financial Investment Department was bargain hunting, and are not very similar to the Japanese stock market.

With more positive connections, it will not be affected by the bursting of the Japanese stock market bubble.

Sun Dahai knows that this also includes companies such as McDonald's, General Motors, Nike and Berkshire Hathaway that have greater room for appreciation in the future.

Even the stock prices of some of these stocks have been on an upward trend, and they can be held for ten or twenty years without any problem, which is not inferior to the Internet concept stocks that will become popular a few years later.

Since Qiao Wanting and others decided to continue to hold these stocks after research, Sun Dahai was pleased and naturally expressed his support.

The work reported by Wu Dawei was relatively trivial. Qiao Hongwei was not in Xiangjiang, so part of his work was shared by Wu Dawei.

Sun Dahai has communicated with several senior executives of the company in advance, and the company will be reorganized in the next two years to complete the group construction.

Group reorganization mainly targets the administrative functional departments of each company, integrates the company's administrative resources, and improves administrative management efficiency.

By then, the group headquarters will have three functions: formulating the company's strategic development decisions, implementing group administrative overall management, and equity control.

Qiao Hongwei naturally transitioned to the position of general manager of the group, in charge of the company's administration, finance, legal affairs, and the group's asset management department (including holding management, property management and infrastructure construction).

Wu Dawei will become the first deputy general manager of the group and concurrently serve as the general manager of Establishment Future Investment Company. He will also be in charge of J. Wah Investment Company, Blue Ocean International Venture Capital Company, as well as the group's public relations, information and other work.

Sheng Zhiwen will become the second deputy general manager of the group. In addition to continuing to operate Lan Kwai Fong Development and Management Company, he will also be in charge of Youlian Brokerage Company (including Youlian Performance Company), Kasol Film Company, and leading film and television special effects studios.

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Old William will be the third vice president of the group. In addition to No. 9 Hotpot Restaurant, he is also in charge of Huanyu Trading Company, Yuanjue Liquor Company and Titan Force Security Company.

In fact, at the beginning, Sun Dahai's original intention was to promote Zhu Lihua and Chen Feng to the vice president position of the group, but they were declined by the two. However, Old William had already proposed that he would enter semi-retirement and only be responsible for the No. 9 hot pot restaurant.

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Zhu Lihua believes that the Blue Ocean International Venture Capital Company she took over is still under preparation, and it is not suitable to hold the position of vice president of the group before it has made outstanding achievements.

Chen Feng knew that he was the youngest. Although he served as the general manager of Jiahua Investment Company, his qualifications and performance within the group were not enough to qualify for the position of vice president.

Therefore, after the group is formed, neither of them will serve as the group's deputy general manager.

However, as a result, after the establishment of the Future Erection Group, there were only two vice presidents. Sun Dahai, who has slight obsessive-compulsive disorder, felt uncomfortable because there were three vice presidents.

So, he deceived Old William again and asked Old William, who was ready to be lazy, to continue to use his spare energy and serve as the third vice president of the group for a few years until Zhu Lihua and Chen Feng were ready to take up the post.

The nominal chairman of the group is still Jiang Xiuping. Sun Dahai plans to wait until he is twenty years old before he truly steps up to the stage.

The chairman of a group whose age begins with "δΈ€" will always give others the feeling of being a child playing house. Sun Dahai does not want his hard work to develop and build a future group to be viewed as a joke by others.

Although to be honest, he didn't actually put much thought into the entire group.

Sun Dahai arranged for himself the position of assistant to the chairman, and took the Group Supervision Department and Banat Football Club under his name.

At the same time, Sun Dahai also serves as the group's senior investment adviser, which provides him with sufficient authority to propose, review and supervise the group's investment projects.

The overall grouping of the future system is a systematic project. In order not to affect the normal operations of its various companies, the reorganization work has been carried out early.

At present, all the group work is proceeding in an orderly manner, among which Qiao Hongwei, who is responsible for the overall organization, has played an irreplaceable and important role.

To say that Sun Dahai had good luck after his rebirth, there is indeed a lot of evidence. Qiao Hongwei, Zhou Haibing and Qiao Wanting, whom he casually found from the street, all played a very important role in the development of the group.

There were three of them, one was responsible for managing the finances, one was responsible for making money according to instructions, and the remaining one was in charge of all administrative work. The three of them set up the initial management structure for the future, and they really contributed a lot.

Sun Dahai also has a plan, which is to form a strategic development department after the group is established.

In addition to the lower-level staff in the strategic development department, Sun Dahai will also bring in relevant senior executives of the group to form the group's highest decision-making body to make suggestions for the group's strategic development.

This chapter has been completed!
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