Wealthy started from setting up street stalls

Chapter 267 The New Boss (Please Subscribe)

January eighth.

Headquarters of Shanghai ST Oriental Company.

Early in the morning, a piece of news spread within the company.

The company's new boss is coming to the company, and everyone is guessing about the new boss.

"What do you think the boss looks like?"

"It's useless to guess, it must be an old man, and a rich old man."

Just as everyone was discussing, Tang Ming, the personnel director, came over.

"Stop talking nonsense, work quickly, and don't fire you if the new boss sees you like this."

After Tang Ming finished speaking, everyone shut up and quickly went about their work.

Nine thirty in the morning.

Tang Ming notified all supervisors to meet in the conference room.

Everyone understands that this is the arrival of the new boss.

Sitting in the meeting room, everyone's mood is not calm.

From its establishment to the present, the company has experienced initial glory but also experienced rapid decline. A listed company with a scale of tens of billions has become what it is today in just a few years. The company's performance has been losing money year after year, and it is already facing delisting The company has a lot of debts, no matter who takes over, it will undoubtedly be a mess.

Many senior executives in the company have already made plans to retreat, and some have even found their next home.

Nine fifty.

The door of the conference room finally opened, and a young man in a suit and tie walked into the conference room with a smile on his face, followed by a beautiful woman.

The man was none other than Chen Dong.The beautiful woman is his secretary Jiang Ting.

Seeing Chen Dong, the company's senior executives stood up involuntarily.

"Everyone, please sit down."

Seeing that the most important position was empty, Chen Dong sat down without hesitation and waved his hands.

"Let me introduce myself first. My name is Chen Dong. I am the company's largest shareholder and the current chairman of the company."

Wow.
No one expected that the new boss of the company was so young, he was clearly a college student who had just graduated from university.Don't think it must be the rich second generation, and the family has money.

"This is my first time meeting you all, so let me start with you and introduce myself one by one."

Chen Dong's words were undoubtedly the biggest order. Starting from Tang Ming, the senior executives of the company introduced themselves.

The financial manager is a man in his 40s named Zhang Feng, tall and thin, with glasses.

"Manager Zhang, I want to hear about the current financial situation of the company."

Zhang Feng straightened his glasses and spoke.

"Chairman, as of December last year, Longan Dongfang had a total of 26.88 billion fixed assets. At present, the company still has five lands in Shanghai, Suzhou and Hangzhou that have not been developed."

Hearing this, Chen Dong said with a smile in his heart: "It seems that our company is quite powerful."

After Chen Dong finished speaking, everyone else lowered their heads. It was just the size of the company. After a while, when the debt issue came up, this guy would probably have a headache.

Sure enough, Zhang Feng then started to talk about the debt problem, and Chen Dong's head hurt more and more.

As of December last year, the company had a receivable of 12.65 billion, but its expenditure was as high as 18.8 billion, which was seriously beyond its means.At present, the bank still has a loan of 5.8 million yuan that is about to expire.There are still various project funds that have not been delivered to a total of 12.5 billion. In addition to the wages owed to employees and other payable money, the company is in debt of 20 billion.

After listening to Zhang Feng's report, Chen Dong frowned.

"We can sell a few pieces of land in Shanghai and Suzhou to pay off the debt."

After Chen Dong finished speaking, Zhang Feng smiled wryly: "Chairman, although the company has five pieces of land, they are just sweet potatoes. At present, the demolition of the land has encountered a lot of trouble. Now it can't be sold, and it can't be developed. Otherwise, the company would not be where it is today.”

Chen Dong was slightly taken aback.

What's happening here?Since the land was bought, it should be developed as soon as possible, so why did it involve demolition.

"Chairman, I have been responsible for the work of several pieces of land there before. We did buy the land, but our promise to the local area at that time was to be responsible for the compensation for the demolition. Now the company cannot provide money to compensate them, so it is not possible. Normal demolition will not be possible.”

At this time another supervisor stood up and said.

"What's your name?"

Chen Dong glanced at the man and asked.

"My name is Cao Liwu, and I was in charge of the demolition work before."

Chen Dong nodded and asked, "How much compensation will be needed if all these lands are demolished?"

Cao Liwu: "I have calculated according to the current national demolition compensation method, and the total compensation is about one billion yuan. Of course, it also includes some special compensation groups."

Of course Chen Dong understood what the special groups he was referring to were, of course, those households that were hard-core. Any land demolition would definitely encounter households with hard-core households, and some would charge exorbitant prices.

Chen Dong thought about it in his mind. According to the current situation, he needs to spend 30 billion yuan to pay off all the company's debts. Of course, after taking out 30 billion yuan, he will not suffer a loss. At least five pieces of land in Shanghai It's worth a lot, and coupled with the company's inherent real estate, it may be possible to make a small profit.

"If we complete the demolition, can we sell the land?"

Cao Liwu: "Chairman, the real estate industry has been greatly affected by policies in the past two years, so it is not so easy to sell, at least not at a price."

Chen Dong nodded. The top priority is not the demolition, but the company's debt repayment. Even if the demolition is completed, the development cannot be continued. Instead of doing that, it is better to let it go for a while. Maybe the demolition will be easier.

"Manager Zhang, immediately give me a list of the company's debts that need to be repaid, and I will inject capital to solve the debt problem."

Injection!

After Chen Dong finished speaking, everyone's eyes lit up.

The boss wants to inject capital?This is a good thing, it means that the boss is ready to develop the company well.

"Good chairman."

"Manager Tang, please immediately give me a report on the company's personnel situation in the past two years. Anyone who has been absent from work for more than a week will be fired and compensated with three months' salary."

After Chen Dong finished speaking, Tang Ming and other high-level officials were slightly taken aback.

This boss is really planning to make three fires for the new official to take office, but it's understandable when you think about it. Now the company is owned by others, and it's not a word from them what they want to do, including everyone present here.

"In addition, I would like to announce that starting today, the company's business has been adjusted. Let me introduce a new colleague to you."

Chen Dong slapped twice, the door of the conference room opened again, and two men in suits and leather shoes walked into the conference room.

"Hello, Mr. Chen."

"Hello, everyone."

Chen Dong: "Let me introduce to you, this is Yuan Ruicheng, who will be the new CEO of the company in the future. This is Yuan Fang, who is also the assistant to the president of the company. Welcome."

(End of this chapter)