Chapter 1 Controversy of listing!
Ximing is from bottom to top, from grassroots to grassroots management to middle-level management to regional management.
He began to cultivate his own confidants along the way.
In the future, many people will inexplicably become candidates for the group's senior management, and they discovered that Ximing was their big boss!
After he experienced many branches, Ximing's ability was greatly trained, and the inspection team established by the group also achieved great results. Because of the existence of the inspection team, the borers of those companies were dug up in time.
In those cases, there were various kickbacks, and those who gave their own company customers to other companies in secret, Ximing started a big slaughter against those people, and fired the company without leaving any way.
In terms of personnel arrangements, many branch managers use their positions to make money, abuse their power, and have no ability and ability to do so, and are in a key position. After the inspection team discovered it, Ximing instructed those people to be dealt with strictly, and they will be punished with dismissal, fines, warnings, etc. depending on the circumstances.
There are also problems with lifestyle, and the boss will strictly deal with the harassment of beautiful female employees.
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Everything will be handled strictly, otherwise Ximing would feel that no matter how big his family is, he would not be able to withstand such a prodigal person.
After a series of drastic moves, Ximing returned to the group company with strong strength.
He began to accept some group affairs from Dong Mingzhu, Tang Jun and others, and he was ready to slowly get over the power he had.
Now Dong Mingzhu is not as capable as going west. She is getting older and her work efficiency is slowly beginning to decrease.
The group of managers she brought with him now have an average age of 58-65 years old, and Miss Dong has become Grandma Dong, who is now 68 years old.
After gradually taking over group affairs.
Ximing has begun to prepare for the listing of some subsidiaries.
For the creators of the company, going public means giving up a considerable portion of the company's "control". It means paying a lot of costs for "standardization" and losing too much efficiency. But at the same time, these standardizations will bring more help to the company. In fact, when a child is old, he should support himself instead of listening to his parents' everything. This is why listed companies need to prove their profitability more.
In addition, listing is also a demonstration of one's own strength. After rebirth, it is not easy to overcome all obstacles after so many years.
Success in listing is also a qualified report card for my efforts over the years.
He held an internal senior management meeting of the company.
First, let’s discuss the significance of a company’s listing, and that subsidiary will arrange for listing first.
As the company grows and grows, it is Xi Ming's dream to realize listing. The listing of some companies will consolidate their control over the company. Successful listing will highlight its achievements and will also enable its subsidiaries to achieve leaps and bounds again. For example, 95% of the top 500 companies in the United States are listed companies.
As companies go public, companies will become public listed companies that are concerned by the society, which will give companies better development opportunities and more development opportunities. At that time, due to strict supervision by regulatory authorities, companies will be more scaled in governance.
At the group's senior meeting.
Xi Ming is listening to the speeches of the senior officials.
Dong Mingzhu said, "I think some companies in our group should be listed. Many people mistakenly believe that companies that are short of money will only go public. Companies that are not short of money do not need to go public. In fact, this will bring great benefits to the company after they go public."
Tang Jun continued, "Yes, if the company goes public, then the company's stocks will have a circulation market. Shareholders can freely buy and sell stocks and recover venture capital and returns. For shareholders who are dissatisfied with the company or shareholders who continue to fund, listing provides excellent opportunities for the company's shareholders to cash out, and also establishes a smooth channel for the exit of venture capital, so as to attract other venture capital to enter."
Hu Yiwei said, "A company listing can create wealth for the company and shareholders, and the value of the company should be determined through the market. After listing, the valuation of the company by the investor is usually five to thirty times, while private companies are generally valued by tax departments or investors, which is usually one to two times the profit. After listing, the value of the company is greatly improved."
Wang Xiaogang said, "When employees' shares have value, their work will be more active. The stock subscription rights and distribution of a listed company are extremely attractive to employees, can absorb and retain outstanding talents, and can stimulate employees' enthusiasm for work."
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"I think we are not short of funds or talents. We don't need to go public. We become a public company because after listing, investors have certain requirements for profits and growth rates. Because the benefits of listing are nothing more than raising money and obtaining the funds needed to develop companies. I think our company cannot be listed for money. After listing, the company becomes a money-making machine. Every day the changes in stock prices affect the nerves of the company and is not conducive to the management of the company's management. To do a business, you should want the company to develop for a long time and let a group of people have a dignified life. If you go public, the environment will be different. The company must be responsible for shareholders. The company must ensure that the stocks continue to rise, and profits will become the only purpose of the company's existence. In this way, the company will become very impetuous, just as impetuous as today's society."
"Our listing can raise funds to bring more funds, and it can easily obtain allocated new shares to raise more development funds. I think listing."
"I think if we don't go public, because if we don't go public, our company can really calm down and develop according to our own ideas. Because listed companies will be affected by a lot, stock prices will rise and fall, and performance will be announced. Investors will point fingers at you. For example, they have to submit statements every quarter, and they may have to take short-term measures for the profit of sales at that time. In fact, the gap between listing and not listing is still quite large."
"I think we want to go public. Listing can greatly improve the company's image, popularity, enhance credibility and competitiveness, expand the company's influence, and easily gain the trust of society in the company."
"I think listing will increase the possibility of being acquired, and statutory disclosures will make the company need to disclose relevant information, increase the transparency of the company, and increase various costs such as public relations, lawyer fees, etc.."
"Publication can be used to acquire other companies with shares, which will help companies use stocks rather than cash to acquire and merge, increase opportunities for companies to cooperate with the market, and give them favorable tools for capital operations. I recommend listing."
"I think our group's technology companies should not go public first for the time being, because the pigs are raised too fat and there is no humming. Technology companies are driven by talents. If the company goes public early, a group of people will become millionaires and millionaires, and their passion for work will decline. This is not a good thing for our technology companies. If employees are young and too rich, they will become lazy and will not be beneficial to their personal growth."
Group senior management continued to speak at the meeting.
Chapter completed!