Wealthy started from setting up street stalls

Chapter 269 Extravagance (for subscription)

In the next few days, Chen Dong took Meng Meiqi to play very chicly in Shanghai.

The Oriental Pearl Tower Hotel, a landmark building in Shanghai, costs 10 yuan a night, and Chen Dong paid for it for a month.

Standing on the top of the tower overlooking the whole Shanghai every night is a special feeling.

"Husband, isn't it too extravagant for us to live here all the time?"

When sleeping at night, Meng Meiqi put her arms around Chen Dong and asked.

"What's so extravagant about it, my husband will make you even more extravagant in the future."

"No, I feel satisfied now."

"Is that enough? But my husband isn't satisfied yet." Chen Dong said with a smirk.

"Fuck you, you have been tossing to death these few days, go to bed quickly."

"Okay, then let's have a truce for one day."

January NO.15.

Chen Dong brought Meng Meiqi to the headquarters of DM company.

Meng Meiqi is currently the second largest shareholder of the company, so she should become the vice chairman of the company as a matter of course.From the moment they entered the door, employees kept calling the two chairman hello, which made Chen Dong feel comfortable all over. Unexpectedly, Yuan Ruicheng Management Company was quite good at managing the company in a short period of time.

The two had just returned to the chairman's office when Yuan Ruicheng followed.

"Hello, Chairman, Hello, Mrs. Chairman."

Yuan Ruicheng greeted very respectfully.

"Sit down, Mr. Yuan, you have worked hard during this time, how is your work going?"

Yuan Ruicheng: "Chairman, the recruitment of personnel in the HR department has ended, and all new employees have arrived."

Chen Dong was a little surprised: "So fast? How did you recruit?"

Chen Dong remembered that thousands of people signed up. He didn't expect these guys to be recruited in such a short period of time.

Yuan Ruicheng: "Chairman, it's actually very simple. Among the thousands of applications, we keep the 985 and 211 college graduates, and eliminate the others. In this way, there are only a few hundred people left, and then we keep the postgraduates. Then we will look at which school they went to in high school, if they are from key high schools, they will be eliminated from ordinary high schools. In the end, there are so many of them.”

Both Chen Dong and Meng Meiqi were taken aback, they didn't expect the company's recruitment to be so simple.

Chen Dong: "Aren't you too hasty in recruiting like this? Those who didn't graduate from prestigious universities may not be incompetent?"

Yuan Ruicheng nodded: "What the chairman said is true, but we don't have the time and energy to look at everyone's abilities. Students in key colleges are themselves capable."

Chen Dong was a little helpless but had to admit this reality.

The reality is that you can't even enter the minimum threshold if you make up for a prestigious university.

"Then why does it depend on whether high school is the point? It doesn't seem to be useful, does it?"

Yuan Ruicheng: "Chairman, the reason why it depends on whether he goes to a key high school is whether he can maintain an excellent state when he is in school. If a person can maintain an excellent state from high school to university, It shows that this person has strong self-discipline ability and has maintained an excellent state for a long time. Conversely, if high school is not the key point, even if he is admitted to a key university, it means that this person has a lot of ups and downs."

shit.

Chen Dong was completely speechless. He didn't expect that there would be so many things to say about personnel recruitment.

Seeing that there was nothing wrong with Chen Dong, Yuan Ruicheng continued to report: "We hired professional financial personnel to audit the company's finances. There is indeed no problem on the books, but some data may be suspected of falsification. For example, in last year's financial expenditures, among them A large part is used for personnel expenditure, but many of these expenditure personnel have been away from work for a long time.

Chen Dong: "Immediately arrange for the finance department to check it out, and let them spit out everything that should be vomited, otherwise we will sue them."

Yuan Ruicheng: "Chairman, this matter may be a bit troublesome. Although these people have not been at work for a long time, they are all employees of the company. Even if they sue them, they may not win the case. According to relevant laws and regulations, even if they are not at work, they are still employees of the company. They should Enjoy corresponding treatment.”

Chen Dong waved his hand: "Okay, fire all these people immediately, and the company will not raise these moths in the future."

Yuan Ruicheng: "Don't worry, the chairman. These people have all been cleared out of the company. At present, there are 215 employees in the company, and 80.00% of them are newly recruited. Please have a look at the list here."

Then Yuan Ruicheng put a list in front of Chen Dong.

Chen Dong glanced at it but didn't look carefully.

Yuan Ruicheng: "At present, the company needs to solve the debt problem, because according to the regulations of listed companies, if it loses business for three consecutive years, it will be capped, and if it continues to lose money, it will face mandatory delisting regulations."

Chen Dong: "Then make an announcement. I will personally inject 20 billion yuan to solve the company's current debt problem. 20 billion yuan should be enough, right?"

Yuan Ruicheng's eyes lit up when he heard Chen Dong's words. He didn't expect that Chen Dong really chose the method of personal capital injection. You must know that usually, the major shareholder's choice of capital injection means that the company's shares will be diluted. The so-called dilution means that To dilute the shares of other shareholders who did not invest capital, Chen Dong had promised before that their shares would never be diluted. Invisibly, the 20 billion that Chen Dong took out was equivalent to 2000 million for him personally.

Yuan Ruicheng: "That's enough. In fact, we don't need to inject the 20 billion at one time. We only need to settle the debts of the previous year and invest a part of the funds so that we can achieve positive income. According to the regulations of listed companies, we can completely remove the cap. As a result, the company’s share price is bound to soar.”

Chen Dong: "Okay, you can handle this matter according to your needs. Later, I will transfer 20 billion to the finance department. Look at the flowers. Don't forget my plan this year to open [-] jewelry companies across the country."

When Chen Dong mentioned one hundred jewelry companies, Yuan Ruicheng was also under great pressure. According to the company's current capabilities, let alone one hundred, even ten would be very difficult, but since the boss said it, he dared not say anything else.

Yuan Ruicheng: "Understood the boss. In addition, we have completed the preliminary work for the jewelry processing factory you mentioned. Before that, the company had a real estate sales department in the suburbs of Shanghai. It has a large area. We can use it after remodeling."

Chen Dong nodded: "Yes, the processing equipment should be purchased as soon as possible, and the designer team should start designing as soon as possible. We want to build our own brand."

Yuan Ruicheng: "Good chairman."

January NO.17.

Chen Dong transferred 20 billion to the financial department of the company. After getting the money, the financial department immediately started financial liquidation. The so-called money is easy to do things. At the same time, the company sold some worthless assets.

After a series of operations, the company's annual financial report last year has undergone earth-shaking changes.

From loss to profit.

Of course, the profit is mainly from the sale of assets, but this is not important. The important thing is that the company is profitable.

(End of this chapter)