Game within game: chess player
Chapter 255 Group Restructuring (Requesting Bookshelf)
"Brother Ye, are you going back to the garden?" Leng Chuan asked.
"Go to the company." Ye Fang said.
Ye Fang has not been to the company since he came back from Ukraine. He is relieved to leave the company to the people below to manage it. In particular, senior executives like Cai Xiaoling are very capable, which makes Ye Fang less worried. On the way to the company, he happened to pass through Xidan. Ye Fang asked Leng Chuan to go around Xidan. Finally, he saw Ding Yong's Santana car in a shop outside Xidan. He saw Ding Yong going in and out of the shop and moving it back and forth. Carrying bundles of clothes, many vendors from surrounding counties and suburbs came here to purchase goods, so Ding Yong's business was very good, and there was a long queue in front of the door.
Ye Fang glanced at several shops where Ding Yong was located. These shops seemed to be the shops under his own name. They were all handed over to Gu Zhuoyi's real estate sales company. The rents of these shops had also increased as the economy improved. Gu Zhuoyi Yi has planned to adjust the rent in the next lease period, and the increase is expected to not be less than 30.00%. Even so, she still has no worries about rent.
Ye Fang didn't expect that Ding Yong was so destined to him and rented his own house.
"Let's drive." Ye Fang said.
When they arrived at the International Financial Center, it was not yet the rush hour. Only a few employees entered the building in twos and threes. Ye Fang and Leng Chuan saw that all the fronts of the elevators had been changed into card-swiping entrance channels. This equipment is currently the most advanced access control system in the country. Ye Fang and Leng Chuan looked at each other, a little embarrassed, because Ye Fang discovered that he did not have an employee card at all.
Ye Fang called Cai Xiaoling and said that he had arrived at the company, but could not enter the building. Cai Xiaoling immediately understood why Ye Fang could not enter.
"Mr. Ye, please wait for me for two minutes. I have arrived at the company and am parking the car."
After a while, Cai Xiaoling walked in quickly, took out her employee card and swiped the access control, and then came to the elevator entrance with Ye Fang and the others.
"I almost couldn't get into my own company." Ye Fang joked.
Cai Xiaoling chuckled and said, "You, the boss, are the hands-off shopkeeper. You can count the number of times you have come to the company this year with just one slap."
The employees who came and went all knew Cai Xiaoling. Everyone who saw Cai Xiaoling greeted her warmly, but they turned a blind eye to Ye Fang beside them. No one knew that Ye Fang was the big boss of the company.
After the elevator arrived, Cai Xiaoling quickly held the elevator button for Ye Fang, and then respectfully invited Ye Fang to come in. This scene made all the surrounding staff look at each other. You must know that when Ye Fang was away, Cai Xiaoling had the highest position in the building. The bosses of any of the subsidiaries were all respectful when they saw Cai Xiaoling. Who wouldn't be surprised to suddenly see Cai Xiaoling being so respectful to a young man? These young staff are the most gossipy, and soon this scene was spread.
"Do I need to notify the senior executives for a meeting?" Cai Xiaoling asked.
"No, just ask someone to bring me the company's operating data for this year." Ye Fang said.
"it is good."
When we arrived at the Guizhi Investment Headquarters floor, the girl at the front desk was new and stood up quickly when she saw Cai Xiaoling walking in accompanied by a young man.
"My name is Mr. Ye. This is the big boss of our group." Cai Xiaoling said.
"Mr. Ye, hello!" The girl at the front desk bowed slightly and greeted.
Once upon a time, Xiaozhuang was sitting here, so the moment he saw the girl at the front desk seemed like yesterday to Ye Fang.
"Hello, get busy." Ye Fang said in a calm tone.
Back in her office, Cai Xiaoling put the group's monthly operating data for this year on Ye Fang's desk, as well as some bills and documents that must be signed by Ye Fang, all of which filled a desk.
"There are so many!" Ye Fang sighed as he looked at the mountains of documents in front of him.
"Even if you come to the company twice a month, there won't be so much. Even if you don't come, you won't have so much backlog as long as you are in the capital. But in the past few months, you have only spent a few days in the capital, even if I can't catch you in Xiyuan in the capital." Cai Xiaoling complained.
"Still arresting me? I'm not a mouse. Don't worry, I will try to set aside one day a week to handle the group's business." Ye Fang said with a smile.
"I don't dare to expect you to spare one day a week. If you spare one day every two weeks, I will burn incense and worship Buddha." Cai Xiaoling said with a smile.
Ye Fang smiled and said, "Go and do your work. I'll call you if I need anything. Don't tell Mr. Bi and Mr. Wang about my coming to the group."
"Okay, I understand." After speaking, Cai Xiaoling turned and left Ye Fang's office.
In this way, Ye Fang spent the whole morning in his own company. First, he processed the backlog of documents, and then browsed the report data, including Guizhi Investment, Jiuding Group, and Zhongneng after the reorganization of Huaye Oil and Gas. I have read the business data of International Holding Group, Hong Kong Zhongrui Capital and overseas oil fields. The companies under Guizhi Investment are operating normally. Some companies under Jiuding Group have begun to make profits, and some companies are still waiting for the results to be transformed. Now is the time for the group to burn money. As for Zhongrui Capital, since it has just been established, the information that can be seen for the time being is still very limited, and the operating results will not be seen until at least the end of the year.
As for overseas oil fields, they are still in the stage of continuing to drill wells and reserve crude oil. Since the oil fields have just been developed, less than 20.00% of the entire oil field has been exploited, and there is still huge potential that can be tapped. If an oil field cannot produce oil on a large scale, it will continue to burn money to drill wells. If the oil field in South Africa is to be profitable as soon as possible, it must increase its exploitation efforts.
Due to the current weak price of the entire international crude oil market, which is less than US$30 per barrel, it is now just breaking even. After Ye Fang came back, he had another phone call with Gorman. Gorman said that the low crude oil price is a good time to stock up on oil. Crude oil prices will go up sooner or later. If you don't have crude oil reserves in hand when they go up, , you can only watch others make money.
Therefore, Gorman once again suggested to Ye Fang that we must continue to increase investment in oil fields and increase crude oil production so that we can have a greater say. At the same time, Gorman also suggested that Ye Fang can strategically store oil now that crude oil prices are cheap. You can build a crude oil reserve base somewhere in China, which can ensure the safety of crude oil storage. However, establishing a crude oil reserve base requires a large investment in the early stage, and it requires ongoing maintenance costs. If the international crude oil price does not improve, , this will be a huge test for Ye Fang's capital chain.
Ye Fang knows that this overseas oil field is a cornucopia, but he doesn't know when it will spew out the treasure. But crude oil is something that Ye Fang knows is definitely profitable, but Ye Fang is not sure about the construction of a strategic oil reserve base. After all, this is not Ye Fang's area of expertise. But Ye Fang knew that there was someone who was good at this field, and that person was Sister Xia.
After Huaye Oil and Gas was reorganized into Zhongneng International Holding Group, the company is gradually recovering its strength after several months of operation. Although it is still losing money, the extent of the loss has slowed down. South Africa's high-quality crude oil is now mainly supplied to China Energy International, and the lubricants produced are gradually becoming famous, and future development is expected.
Closing the report form of China Energy International, Ye Fang stood up and stretched his stiff neck. Ye Fang murmured, "It can't be expanded any more. If it is expanded, people will die." The most important thing for Ye Fang now is, first, to To expand the production of South Africa's oil fields, the second step is to select a crude oil reserve base in the country. The reason why Ye Fang has to transport the crude oil back to China all the way is because he is worried about the instability of the South African regime. Gorman suggested that Ye Fang allocate 40.00% of the crude oil reserves in South Africa and transport the remaining 60.00% of the crude oil back to the country. This way More secure.
Ye Fang felt that it was necessary to see Sister Xia. After all, the Yuanhua case was coming to an end. Those who should be sentenced to death would be sentenced to death, and those who should be sentenced to life would be sentenced to life. Because Sister Xia had a good attitude of pleading guilty, a large amount of assets were recovered to supplement the losses of the national treasury. She was originally sentenced to life, but was later sentenced to 15 years. As for the principal criminals in the Yuanhua case, almost all of them were sentenced to death, and the best ones were also suspended.
Thinking of this, Ye Fang took out his phone and called Haidong, asking him to help arrange a meeting with Sister Xia. After putting down the phone, Haidong called back about 10 minutes later and said that Sister Xia was now being held in the city's No. [-] Prison. He had already said hello to her there and he could go see her at any time.
Just as Ye Fang was signing documents in the office, Bi Xingfa and Wang Junhe knocked on the door and walked in.
"I just said that Mr. Ye is back. If you still don't believe it, the news has spread among the employees below." Bi Xingfa said with a smile.
"You are at the emperor's feet. Of course you got the news one step faster than me." Wang Junhe replied.
"I didn't want to alarm you, please sit down quickly." Ye Fang, Bi Xingfa and Wang Junhe sat down on the sofa. After the three of them exchanged greetings, Bi Xingfa and Wang Junhe took this opportunity to report on their respective companies. operating status.
Ye Fang nodded with satisfaction at the performance achieved by the two people, and continued, "The financial business is on track. Just operate it steadily. The speed can be a little slower. Too fast often indicates risks."
Bi Xingfa and Wang Junhe looked at each other and seemed to feel that Ye Fang's business thinking had begun to change. Bi Xingfa directly asked, "Is the group's business direction going to change?"
Ye Fang shook his head and said with a smile, "No, finance is still the engine of the group, providing strong cash flow for the company's development. Otherwise, the group would not be able to expand so fast. What I say slowly is to shrink the company's investment scale and consolidate the current situation." With the business structure, I feel that our development has been too fast in the past six months.”
Wang Junhe said with a smile, "It's not that the group is developing too fast, it's that Ye Corporation has acquired too many companies. As long as you can slow down, the group will naturally slow down."
Bi Xingfa nodded in agreement and said, "I see that the size of Mr. Cai's financial center has expanded more than ten times, but it still seems that it cannot meet the pace of the group's expansion."
Ye Fang nodded and said, "I need to review this point. I will pay attention to it in the future."
This Cai Xiaoling came in with Zhou Kai and Gu Zhuoyi, and the core executives of Guizhi Investment were basically gathered together. Gu Zhuoyi obviously did not expect to see Ye Fang at the group headquarters today. Her expression flashed unnaturally and then returned to normal. Ye Fang asked a few people to sit down. Ye Fang, who had no plans to hold a senior executive meeting, took this opportunity to share his thoughts with everyone. When Ye Fang said this, Cai Xiaoling was the first to breathe a sigh of relief and said, "You finally decided to slow down. In the past six months, Many groups are expanding exponentially, and the group’s support structure is almost unsustainable. This year I decided to expand school recruitment and recruit talents with high salaries.”
"Mr. Ye, do we in real estate have to slow down the speed of acquiring land?" Zhou Kai asked.
"I have seen the business reports of De Fang Real Estate and Lin's Real Estate. Try not to hoard land, just build on it, so that you can realize it quickly. Zhuoyi's real estate sales company controls the sales pace and increases cash flow reserves." Ye Fang said.
"Mr. Ye, the investment by fund companies and insurance companies cannot stop, otherwise the accumulated funds will be a liability for the company and must be invested," Bi Xingfa said.
Ye Fang smiled bitterly and said, "Just tell me, it doesn't matter if you don't want to spend money."
Everyone laughed when they heard Ye Fang's words. Thinking about it, this is really true. On the one hand, fund companies earn management fees, and on the other hand, they earn investment income. The funds that come in must be invested, otherwise there will be no benefits and no benefits for customers. This is especially true for insurance companies. After the incoming premiums are withdrawn from various fees and liability reserves, they must be entered into investment accounts, and project configurations must be carried out according to requirements. They must also generate income, so the funds in these two business sectors cannot be settled. It has to work.
"Now that the group is getting bigger and bigger, the pressure on management is also increasing. I am not often in the company, and Xiaoling's management pressure is too great. Even if there is support from the financial management center, it will easily lead to a decrease in efficiency. After this After more than a year, everyone has adapted to their respective roles and various businesses are advancing relatively well. At the same time, the businesses they manage are getting bigger and bigger. In order to better improve the operational efficiency of the group, I decided to set up a president's office in the group. "Ye Fang said.
"President's office?" Everyone looked at Ye Fang with bright eyes, knowing that Ye Fang was going to re-adjust the group structure.
"Guizhi Investment is now a large group. I have decided to appoint Cai Xiaoling as the group's senior vice president, and Mr. Bi, Mr. Wang, Zhou Kai and Zhuo Yi as the group's vice presidents. Mr. Bi and Mr. Wang will continue to be in charge of their respective business sectors. Set up fund use permissions. Within the permissions, no approval from the group is required, just filing. If the permissions are exceeded, it will be reported to the president's office for approval, and finally reported to me. The two CEOs can make strategic investments or acquisitions with the fund company and insurance company as the parent companies respectively. The group The unified assessment of profits and return on investment at the end of the year will give you greater authority and at the same time reduce the regulatory pressure on the group," said Ye Fang.
"Great!" Bi Xingfa and Wang Junhe high-fived each other. This will undoubtedly completely free up their hands and feet, and they can finally develop the company according to their own wishes.
"With the authority given to you, your business risks will be greater. The group will conduct regular internal audits. If there is any illegal operation or malpractice, I hope you will take the initiative to receive the penalty yourself." Ye Fang reminded.
"Don't worry, Mr. Ye, we will operate in compliance with laws and regulations." Bi Xingfa and Wang Junhe replied in unison.
"Mr. Ye, what about us?" Gu Zhuoyi asked.
"Go to the company." Ye Fang said.
Ye Fang has not been to the company since he came back from Ukraine. He is relieved to leave the company to the people below to manage it. In particular, senior executives like Cai Xiaoling are very capable, which makes Ye Fang less worried. On the way to the company, he happened to pass through Xidan. Ye Fang asked Leng Chuan to go around Xidan. Finally, he saw Ding Yong's Santana car in a shop outside Xidan. He saw Ding Yong going in and out of the shop and moving it back and forth. Carrying bundles of clothes, many vendors from surrounding counties and suburbs came here to purchase goods, so Ding Yong's business was very good, and there was a long queue in front of the door.
Ye Fang glanced at several shops where Ding Yong was located. These shops seemed to be the shops under his own name. They were all handed over to Gu Zhuoyi's real estate sales company. The rents of these shops had also increased as the economy improved. Gu Zhuoyi Yi has planned to adjust the rent in the next lease period, and the increase is expected to not be less than 30.00%. Even so, she still has no worries about rent.
Ye Fang didn't expect that Ding Yong was so destined to him and rented his own house.
"Let's drive." Ye Fang said.
When they arrived at the International Financial Center, it was not yet the rush hour. Only a few employees entered the building in twos and threes. Ye Fang and Leng Chuan saw that all the fronts of the elevators had been changed into card-swiping entrance channels. This equipment is currently the most advanced access control system in the country. Ye Fang and Leng Chuan looked at each other, a little embarrassed, because Ye Fang discovered that he did not have an employee card at all.
Ye Fang called Cai Xiaoling and said that he had arrived at the company, but could not enter the building. Cai Xiaoling immediately understood why Ye Fang could not enter.
"Mr. Ye, please wait for me for two minutes. I have arrived at the company and am parking the car."
After a while, Cai Xiaoling walked in quickly, took out her employee card and swiped the access control, and then came to the elevator entrance with Ye Fang and the others.
"I almost couldn't get into my own company." Ye Fang joked.
Cai Xiaoling chuckled and said, "You, the boss, are the hands-off shopkeeper. You can count the number of times you have come to the company this year with just one slap."
The employees who came and went all knew Cai Xiaoling. Everyone who saw Cai Xiaoling greeted her warmly, but they turned a blind eye to Ye Fang beside them. No one knew that Ye Fang was the big boss of the company.
After the elevator arrived, Cai Xiaoling quickly held the elevator button for Ye Fang, and then respectfully invited Ye Fang to come in. This scene made all the surrounding staff look at each other. You must know that when Ye Fang was away, Cai Xiaoling had the highest position in the building. The bosses of any of the subsidiaries were all respectful when they saw Cai Xiaoling. Who wouldn't be surprised to suddenly see Cai Xiaoling being so respectful to a young man? These young staff are the most gossipy, and soon this scene was spread.
"Do I need to notify the senior executives for a meeting?" Cai Xiaoling asked.
"No, just ask someone to bring me the company's operating data for this year." Ye Fang said.
"it is good."
When we arrived at the Guizhi Investment Headquarters floor, the girl at the front desk was new and stood up quickly when she saw Cai Xiaoling walking in accompanied by a young man.
"My name is Mr. Ye. This is the big boss of our group." Cai Xiaoling said.
"Mr. Ye, hello!" The girl at the front desk bowed slightly and greeted.
Once upon a time, Xiaozhuang was sitting here, so the moment he saw the girl at the front desk seemed like yesterday to Ye Fang.
"Hello, get busy." Ye Fang said in a calm tone.
Back in her office, Cai Xiaoling put the group's monthly operating data for this year on Ye Fang's desk, as well as some bills and documents that must be signed by Ye Fang, all of which filled a desk.
"There are so many!" Ye Fang sighed as he looked at the mountains of documents in front of him.
"Even if you come to the company twice a month, there won't be so much. Even if you don't come, you won't have so much backlog as long as you are in the capital. But in the past few months, you have only spent a few days in the capital, even if I can't catch you in Xiyuan in the capital." Cai Xiaoling complained.
"Still arresting me? I'm not a mouse. Don't worry, I will try to set aside one day a week to handle the group's business." Ye Fang said with a smile.
"I don't dare to expect you to spare one day a week. If you spare one day every two weeks, I will burn incense and worship Buddha." Cai Xiaoling said with a smile.
Ye Fang smiled and said, "Go and do your work. I'll call you if I need anything. Don't tell Mr. Bi and Mr. Wang about my coming to the group."
"Okay, I understand." After speaking, Cai Xiaoling turned and left Ye Fang's office.
In this way, Ye Fang spent the whole morning in his own company. First, he processed the backlog of documents, and then browsed the report data, including Guizhi Investment, Jiuding Group, and Zhongneng after the reorganization of Huaye Oil and Gas. I have read the business data of International Holding Group, Hong Kong Zhongrui Capital and overseas oil fields. The companies under Guizhi Investment are operating normally. Some companies under Jiuding Group have begun to make profits, and some companies are still waiting for the results to be transformed. Now is the time for the group to burn money. As for Zhongrui Capital, since it has just been established, the information that can be seen for the time being is still very limited, and the operating results will not be seen until at least the end of the year.
As for overseas oil fields, they are still in the stage of continuing to drill wells and reserve crude oil. Since the oil fields have just been developed, less than 20.00% of the entire oil field has been exploited, and there is still huge potential that can be tapped. If an oil field cannot produce oil on a large scale, it will continue to burn money to drill wells. If the oil field in South Africa is to be profitable as soon as possible, it must increase its exploitation efforts.
Due to the current weak price of the entire international crude oil market, which is less than US$30 per barrel, it is now just breaking even. After Ye Fang came back, he had another phone call with Gorman. Gorman said that the low crude oil price is a good time to stock up on oil. Crude oil prices will go up sooner or later. If you don't have crude oil reserves in hand when they go up, , you can only watch others make money.
Therefore, Gorman once again suggested to Ye Fang that we must continue to increase investment in oil fields and increase crude oil production so that we can have a greater say. At the same time, Gorman also suggested that Ye Fang can strategically store oil now that crude oil prices are cheap. You can build a crude oil reserve base somewhere in China, which can ensure the safety of crude oil storage. However, establishing a crude oil reserve base requires a large investment in the early stage, and it requires ongoing maintenance costs. If the international crude oil price does not improve, , this will be a huge test for Ye Fang's capital chain.
Ye Fang knows that this overseas oil field is a cornucopia, but he doesn't know when it will spew out the treasure. But crude oil is something that Ye Fang knows is definitely profitable, but Ye Fang is not sure about the construction of a strategic oil reserve base. After all, this is not Ye Fang's area of expertise. But Ye Fang knew that there was someone who was good at this field, and that person was Sister Xia.
After Huaye Oil and Gas was reorganized into Zhongneng International Holding Group, the company is gradually recovering its strength after several months of operation. Although it is still losing money, the extent of the loss has slowed down. South Africa's high-quality crude oil is now mainly supplied to China Energy International, and the lubricants produced are gradually becoming famous, and future development is expected.
Closing the report form of China Energy International, Ye Fang stood up and stretched his stiff neck. Ye Fang murmured, "It can't be expanded any more. If it is expanded, people will die." The most important thing for Ye Fang now is, first, to To expand the production of South Africa's oil fields, the second step is to select a crude oil reserve base in the country. The reason why Ye Fang has to transport the crude oil back to China all the way is because he is worried about the instability of the South African regime. Gorman suggested that Ye Fang allocate 40.00% of the crude oil reserves in South Africa and transport the remaining 60.00% of the crude oil back to the country. This way More secure.
Ye Fang felt that it was necessary to see Sister Xia. After all, the Yuanhua case was coming to an end. Those who should be sentenced to death would be sentenced to death, and those who should be sentenced to life would be sentenced to life. Because Sister Xia had a good attitude of pleading guilty, a large amount of assets were recovered to supplement the losses of the national treasury. She was originally sentenced to life, but was later sentenced to 15 years. As for the principal criminals in the Yuanhua case, almost all of them were sentenced to death, and the best ones were also suspended.
Thinking of this, Ye Fang took out his phone and called Haidong, asking him to help arrange a meeting with Sister Xia. After putting down the phone, Haidong called back about 10 minutes later and said that Sister Xia was now being held in the city's No. [-] Prison. He had already said hello to her there and he could go see her at any time.
Just as Ye Fang was signing documents in the office, Bi Xingfa and Wang Junhe knocked on the door and walked in.
"I just said that Mr. Ye is back. If you still don't believe it, the news has spread among the employees below." Bi Xingfa said with a smile.
"You are at the emperor's feet. Of course you got the news one step faster than me." Wang Junhe replied.
"I didn't want to alarm you, please sit down quickly." Ye Fang, Bi Xingfa and Wang Junhe sat down on the sofa. After the three of them exchanged greetings, Bi Xingfa and Wang Junhe took this opportunity to report on their respective companies. operating status.
Ye Fang nodded with satisfaction at the performance achieved by the two people, and continued, "The financial business is on track. Just operate it steadily. The speed can be a little slower. Too fast often indicates risks."
Bi Xingfa and Wang Junhe looked at each other and seemed to feel that Ye Fang's business thinking had begun to change. Bi Xingfa directly asked, "Is the group's business direction going to change?"
Ye Fang shook his head and said with a smile, "No, finance is still the engine of the group, providing strong cash flow for the company's development. Otherwise, the group would not be able to expand so fast. What I say slowly is to shrink the company's investment scale and consolidate the current situation." With the business structure, I feel that our development has been too fast in the past six months.”
Wang Junhe said with a smile, "It's not that the group is developing too fast, it's that Ye Corporation has acquired too many companies. As long as you can slow down, the group will naturally slow down."
Bi Xingfa nodded in agreement and said, "I see that the size of Mr. Cai's financial center has expanded more than ten times, but it still seems that it cannot meet the pace of the group's expansion."
Ye Fang nodded and said, "I need to review this point. I will pay attention to it in the future."
This Cai Xiaoling came in with Zhou Kai and Gu Zhuoyi, and the core executives of Guizhi Investment were basically gathered together. Gu Zhuoyi obviously did not expect to see Ye Fang at the group headquarters today. Her expression flashed unnaturally and then returned to normal. Ye Fang asked a few people to sit down. Ye Fang, who had no plans to hold a senior executive meeting, took this opportunity to share his thoughts with everyone. When Ye Fang said this, Cai Xiaoling was the first to breathe a sigh of relief and said, "You finally decided to slow down. In the past six months, Many groups are expanding exponentially, and the group’s support structure is almost unsustainable. This year I decided to expand school recruitment and recruit talents with high salaries.”
"Mr. Ye, do we in real estate have to slow down the speed of acquiring land?" Zhou Kai asked.
"I have seen the business reports of De Fang Real Estate and Lin's Real Estate. Try not to hoard land, just build on it, so that you can realize it quickly. Zhuoyi's real estate sales company controls the sales pace and increases cash flow reserves." Ye Fang said.
"Mr. Ye, the investment by fund companies and insurance companies cannot stop, otherwise the accumulated funds will be a liability for the company and must be invested," Bi Xingfa said.
Ye Fang smiled bitterly and said, "Just tell me, it doesn't matter if you don't want to spend money."
Everyone laughed when they heard Ye Fang's words. Thinking about it, this is really true. On the one hand, fund companies earn management fees, and on the other hand, they earn investment income. The funds that come in must be invested, otherwise there will be no benefits and no benefits for customers. This is especially true for insurance companies. After the incoming premiums are withdrawn from various fees and liability reserves, they must be entered into investment accounts, and project configurations must be carried out according to requirements. They must also generate income, so the funds in these two business sectors cannot be settled. It has to work.
"Now that the group is getting bigger and bigger, the pressure on management is also increasing. I am not often in the company, and Xiaoling's management pressure is too great. Even if there is support from the financial management center, it will easily lead to a decrease in efficiency. After this After more than a year, everyone has adapted to their respective roles and various businesses are advancing relatively well. At the same time, the businesses they manage are getting bigger and bigger. In order to better improve the operational efficiency of the group, I decided to set up a president's office in the group. "Ye Fang said.
"President's office?" Everyone looked at Ye Fang with bright eyes, knowing that Ye Fang was going to re-adjust the group structure.
"Guizhi Investment is now a large group. I have decided to appoint Cai Xiaoling as the group's senior vice president, and Mr. Bi, Mr. Wang, Zhou Kai and Zhuo Yi as the group's vice presidents. Mr. Bi and Mr. Wang will continue to be in charge of their respective business sectors. Set up fund use permissions. Within the permissions, no approval from the group is required, just filing. If the permissions are exceeded, it will be reported to the president's office for approval, and finally reported to me. The two CEOs can make strategic investments or acquisitions with the fund company and insurance company as the parent companies respectively. The group The unified assessment of profits and return on investment at the end of the year will give you greater authority and at the same time reduce the regulatory pressure on the group," said Ye Fang.
"Great!" Bi Xingfa and Wang Junhe high-fived each other. This will undoubtedly completely free up their hands and feet, and they can finally develop the company according to their own wishes.
"With the authority given to you, your business risks will be greater. The group will conduct regular internal audits. If there is any illegal operation or malpractice, I hope you will take the initiative to receive the penalty yourself." Ye Fang reminded.
"Don't worry, Mr. Ye, we will operate in compliance with laws and regulations." Bi Xingfa and Wang Junhe replied in unison.
"Mr. Ye, what about us?" Gu Zhuoyi asked.
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