What do you mean by quitting the business? I'm not a big shot.
Chapter 613 System Change
Chapter 613 System Change
After dragging the blood-soaked Guangzai downstairs, the two brothers from the Criminal Investigation Department quickly returned. The leader, Sha Hui, clasped his hands and said, "Master, Guangzai is dead."
A look of pain flashed across Gao Laosen's face as he slammed his fist on the table and said, "It was Lao Mo who killed Guangzai."
Inside the incense hall, everyone bowed their heads in silence, for they could all see clearly. Niu Qiang's three cuts were all to the leg, the shoulder, and the abdomen.
Every cut is 70% dangerous; it's fair and just, and whether you survive depends entirely on how tough your luck is.
Old Mo and Street Market Yong have already been taken to the hospital for emergency treatment by the henchmen guarding them.
As long as the doctor performs the surgery in time, there is absolutely no chance of losing one's life.
Only Guangzai was emaciated and died from massive blood loss. He collapsed as soon as he went downstairs and got into the ambulance.
Yin Zhaotang sat in the main seat, raised his teapot to drink tea, and said calmly, "What do I care about the life and death of someone who isn't Lao Zhong's man? For the sake of our past relationship, send the straw mat down."
"Let's continue the meeting, everyone."
Fresh blood was still dripping down the floorboards, seeping through the cracks in the wooden planks. The air was thick with the stench of blood, and the uncles' clothes were stained crimson.
"Yes, Mountain Master!"
Everyone agreed and composed themselves. Then, starting with Curry Ma, the Mong Kok branch leader, followed by Wong Chi-Kwan of the Tsim Sha Tsui branch, Sha Tau, the Wan Chai branch leader, Chuen Tsai, the Sham Shui Po branch leader, Yuen Tsai, and the Jordan branch leader, Chiang Ho, one by one began to report their accounts and hand over their debts.
Apart from the three branches in Yau Ma Tei, Tseung Kwan O, and Causeway Bay, the remaining six branches were all established by Sheung Sin Tong leading his gang.
He knew exactly how many sources of income each branch had and how much revenue they generated. The branch leaders kept their accounts very transparent and reported them one by one to the mountain lord.
Normally, it would be fine to save some money from these scattered places and use it to cover the expenses of the brothers. But today was like laying out the books, and no one dared to lie.
Seeing the money being deposited into the company's accounts, Shenxian Tang, who was in the main seat, was in a much better mood. After Zuo Shou finished his work, he coughed and said, "Not bad. From three branches, we've grown to nine branches. From tens of thousands a month, we've grown to more than forty million a month."
"The success of the organization is not solely due to my efforts. The purpose of this meeting is not to make an example of someone, but to clarify the contributions and ensure that those who have made contributions are rewarded."
"I have decided to establish the Chung Yee Group, with Chung Ho Electronics Factory as the main body, which will include state-owned companies such as CEC, Pegasus, real estate, and 91 Magazine."
"And take out 27 percent of the shares and distribute them to all the leaders of the nine halls. The hall leader takes 1.5 percent, the head takes 1 percent, and the straw sandal takes 0.5 percent."
Zuo Shou had already been informed by the big boss and explained loudly, "There are only dividends, no stock options! Dividends are based on position; whoever holds that position receives the dividends."
The officials present were buzzing with excitement and chatter.
Within the Chung Yee Group's structure, many companies were originally owned by Shen Xian Tang. The merger essentially served to support the organization. Although the employees didn't have decision-making power, they did have profit-sharing rights. In a capital group exceeding HK$10 billion, even a single percentage point of the annual dividend could amount to tens of millions!
When the market is good and the growth rate is high, making over 100 million is not impossible. Even a 0.5% profit on straw sandals can amount to two or three million when the market is bad.
Even the uncles looked tempted, wanting to ask for some benefits. Jin Ya Xiong, however, was quick-witted and shouted, "The mountain lord is wise! The power of the gang should be used in one direction. A company here, a company there, it's all a mess." Yuan Bao shouted, "That's right, people who don't know better would think that the old loyalists are not united, and that everyone wants to be the big boss."
“A club, of course, has a company, and a company, of course, has only one big boss,” Paradise loudly echoed.
Yin Zhaotang watched with a smile as his uncles lent their support, but he would never give them even a fraction of the shares. His uncles already had the Loyalty Foundation for their retirement, providing monthly returns; why would he give them shares?
The dividends given to the heads of the gangs are not given away for free. They are simply a reward for the acquisition of shares in the gang's companies, a legitimate form of centralization of power!
Of course, there are two ways to centralize power. One is to sit in the top position and slowly hollow out the organization, taking all the scattered shares.
Another approach, like Yin Zhaotang's, involves exchanging benefits and achieving win-win cooperation. If the group performs well in the future, there will be monthly profits.
The practice of tying profit-sharing rights to positions essentially transforms the lifetime tenure of gang leaders into a contract-based system. Those who disobey are dismissed from their posts, given a nominal, dead-end position to retire in, and given up on making big money.
But as long as you are obedient and valued by the big boss, you can be guaranteed to turn your life around in one year, start a business in two years, and change your fate in three years just by relying on your position and bonuses.
"It's not that only one boss is allowed. I really hope that the community can produce talented people, and that everyone can start their own business and become their own boss. If any brothers want to give it a try, feel free to contact me. There's no problem with investing money in the company. If it really succeeds, we will buy it at market price and then convert it into equity to ensure everyone's interests," Yin Zhaotang explained in detail.
Gao Laosen said, "What's there to talk about? The company was built up by the gang, so of course we have to give back to the gang."
In fact, the main reason why Yin Zhaotang chose to form a joint venture to support his gang members was that he was already the leader. As long as he set a good example, he could continuously use the gang's manpower to acquire gang companies.
Why are there always people who are willing to risk their lives to sit in the "Three Killers Position"? Because they have resources and power behind them, and they can give people the opportunity to realize their ambitions.
Seeing that his brothers had all agreed, Yin Zhaotang said, "In addition, the three leaders of Yau Ma Tei, Causeway Bay, and Tseung Kwan O will remove Hung Ying and leave the triad. The company will select new people to take over. The position of leader of Yau Ma Tei will be vacant for the time being, and Bai Zhishan will be in charge. In Tseung Kwan O, Yao Hui will be in charge, and in Causeway Bay, Sang Hui will be in charge. Do your job well."
Although both Chou Kou-keung and Yiu Fai were old partners of Lao Mo and Kwong Tsai, he didn't believe the two would have any ulterior motives, given their positions as gang leaders.
Moreover, the three major gangs had been under their control for many years, and to avoid further unrest, they still needed to use the old man to appease the henchmen. Both Chou Kouqiang and Yao Hui looked somewhat excited, clasping their hands in a fist and replying, "Yes, Lord!"
Sang Fai was a close associate of the former White Paper Fan of Causeway Bay. He had previously served as a Red Pole, but was not given important positions in Causeway Bay and was instead ostracized by the Market Braves.
His appointment as the head of the Causeway Bay branch was perfectly legitimate; he had finally made it. He quickly replied, "Thank you for the appointment, Master!"
Yin Zhaotang took a sip of tea and said slowly, "Ah Hao is also in charge of overseas businesses. Jordan District has always been managed by Bao C, so let him continue to manage it."
"Hey C, do you even have the skills to be a new entry-level professional in Jordan?"
Bao C, who still had dyed his hair red, said, "Thank you for your guidance, Brother Tang and Brother Hao."
Brothers like Ah King, Flying Eagle, and Ah Yao, who harbored ambitions, were not angry at not receiving orders, but were already eyeing the positions of gang leaders in Yau Ma Tei and Tseung Kwan O.
(End of this chapter)
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