If Oh Soo-yeon were here, she would definitely recognize who the old man is.
Du Yuanfeng, the demon who pulled her out of the sea of fire, carefully nurtured her, and then pushed her into the abyss.
"Humph, the news has spread outside. They overestimated their own capabilities and took the initiative to provoke the Xinyi faction, and were directly beaten to a pulp by Ding Xin..."
The one who responded was a gentle-looking young man, a small plastic flower card flipping between his fingers.
When he mentioned the Yang brothers, his expression revealed a hint of ferocity and satisfaction.
"Lutheranism, Ding Xin..."
Du Yuanfeng murmured, his eyes flickering, and I don't know what he was thinking...
Chapter 111 Equity and Distribution
Late November.
After a period of seesaw negotiations, the four major gangs finally reached a consensus on the business direction, equity, and positions after the establishment of the group.
Various industries and channels have also been consolidated and merged.
The name of the group company was finally determined, GOLDMOON - Kinmen!
It means golden gate and noble family.
This name is very auspicious and implies wealth.
The emblem is also very interesting.
It is a vortex LOGO pattern with a big head and a small tail, a bit like a tumbling goldfish.
Combined with the name "Kinmen", it really has a bit of the meaning of a fish leaping over the dragon gate.
As expected, the chairman of the Kinmen Group was Shi Dongchu, the leader of the Tiger Faction, and the vice chairman was Ding Qing from the Peking University Faction.
Zhang Shouji and Ding Xin serve as executive directors of the group.
It's slightly different here than in the New World movie.
In the movie, Zhang Shouji and Ding Qing's positions are exactly the opposite of this time, and there is no such person as Ding Xin.
The current arrangement is also due to a previous battle between the two sides.
No matter what your background is, you, Zhang Shouji, obviously lost to Ding Qing and Ding Xin.
Although Zhang Shouji was unwilling, he had no choice but to accept it passively.
In addition to these four, the group company also has positions such as executive director and director.
People like Li Zhongjiu, Li Zicheng and a close confidant of Zhang Shouji named Cui Beizhen are all standing directors.
Ding Xin has no subordinates.
It’s not that he doesn’t want to place people in there, it’s just that the Xinyi sect doesn’t have enough foundation.
All directors and above are considered members of the group company's board of directors.
To put it bluntly, none of Ding Xin's subordinates are qualified. Even Ding Xin himself would not have the chance if it were not for the internal strife in the Peking University sect.
So he could only settle for the next best thing and try his best to get a powerful position in a subsidiary for his people...
The other directors are all business investors.
Most of them are honorary positions, with only a small amount of shares in the group's head office. They are not original shares and only have dividend rights but no voting rights.
In other words, if the share price of Kinmen Group rises in the future, their equity may be diluted.
Next is the business development direction, which is the eight subsidiaries under the group.
They are construction, logistics, finance, entertainment, hotels, department stores, film and television, and manufacturing.
The distribution of positions here is very interesting.
Shi Dongchu, as the head of the group, is also the largest shareholder of the group's head office.
He holds 19% of the original shares of the group company and is in charge of all affairs, so he does not hold any position in any subsidiary.
Ding Qing is the vice president of the group and naturally took on the positions of president of two subsidiaries, Kinmen Construction and Kinmen Logistics.
While enjoying 11% of the original shares of the group's head office, he also personally owns 20% of the shares of two subsidiaries.
Zhang Shouji took over the positions of president of Kinmen Entertainment and Kinmen Department Store, and owned 15% of the original shares of the group's head office and 20% of the shares of the two subsidiaries.
Thanks to Shi Dongchu's mediation, Li Zhongjiu took over the positions of president of Kinmen Hotel and Kinmen Finance.
He not only owns 4% of the original shares of the group company, but also holds 10% of the shares of the subsidiary.
Ding Xin not only serves as the president of Kinmen Film and Television and Kinmen Manufacturing, but also serves as the vice president of Kinmen Construction and Kinmen Logistics.
So his shares are more complicated.
In addition to the original 9% stake in the group company, it also owns 45% of the shares in film and television, manufacturing, and 10% of the shares in construction and logistics.
Li Zicheng served as vice president under Zhang Shouji and owned 2% of the original shares of the group company and 5% of the shares of two subsidiaries.
Choi Buk-jin, a close associate of Jang Soo-gi and a deputy under Lee Jong-gu, owned 2% of the original shares of the group company and 5% of the shares of the two subsidiaries.
At this point, the top and second-in-command positions of the eight subsidiaries have been basically finalized...
What is highlighted in the whole distribution process is a balance.
Construction and logistics are currently the pillar industries in South Korea and are also the focus of the group's future development.
Taking over these two subsidiaries means having the final say in the future development of the group, which is just in line with Vice Chairman Ding Qing's position.
The reason why Ding Xin was appointed as the vice president of these two companies was to restrain Ding Qing and to provide compensation.
The reason for the restraint is that Shi Dongchu is gambling.
Money can move people's hearts. In the face of such huge interests, it depends on whether Ding Qing and Ding Xin can maintain their friendship.
As for compensation.
I can only say, have you ever seen any South Korean gang that made its fortune in film, television and manufacturing?
You can probably imagine how simple it was, right?
The other subsidiaries are also interdependent.
For example, the director of the third entertainment department is Oh Soo-yeon, the person in charge of the Guro District Hotel is Hwang Chun-ji... Kim Sung-hyun... all of them own shares in the subsidiary companies.
It is conceivable that there will be a lot of struggles within the group for a long time after its establishment.
To be honest, when the equity was distributed, Ding Xin brought Hong Cheying with him throughout the process.
If it weren't for this top lawyer, Ding Xin would have been dizzy long ago.
South Korea's chaebol companies are complex, especially between the group's head office and its subsidiaries.
In order to avoid taxes, companies often hold shares with each other.
Until now, Ding Xin still doesn't quite understand it.
But he didn't care, as long as he knew that he was the fourth largest shareholder of Kinmen Group.
To be honest, he was becoming more and more satisfied with the beautiful lawyer Hong Cha-young, putting aside her initial silly behavior.
The business ability is really outstanding.
You know, when the industrial equity was being negotiated, it was not only a confrontation between the four major gang leaders, but also a confrontation between their respective lawyers.
On Ding Xin's side, Youxiang Law Firm sent an entire elite team, led by Hong Cheying, to follow the entire process.
Don't be fooled by her young age, she is very decisive when it comes to business.
The group of veteran lawyers were left speechless.
Originally, Ding Xin's group's original shares were only eight points, but she negotiated it up to nine points. Her reasoning was solid and convincing!
You know, although the Kinmen Group is a start-up, its estimated market value has reached about 5 trillion won.
That is five billion US dollars.
One point means an extra $50 million earned out of thin air.
There will also be long-term dividends in the future and further enhanced voice.
Ding Xin was so happy that he directly signed her a check for 100 million won as a team bonus.
It’s not that Ding Xin is stingy, he’s just afraid that she will become proud if he gives her too much.
In addition, the group headquarters also reserved 20% of the original equity.
This part of the equity is bearer and in a sense can be regarded as an emergency reserve for emergency risk hedging.
I know everything!
Of course, how to use these shares must be discussed by all senior executives above the level of executive directors.
Everything is ready.
The next step is to hold a grand press conference to announce to the whole of South Korea...
Golden Gate Group is established!
Chapter 112 Press Conference
December 1st, morning.
Central District.
The entrance of a high-rise building located in a bustling area.
Two rows of strong men were already standing by, each wearing a well-ironed suit, smiling, and full of energy.
They were all gang members and gangsters.
Today, the golden swirl badge on their collars gives them another identity - Golden Gate employees!
Starting from nine o'clock, several high-end cars would stop in front of them from time to time.
Every time this happens, one of them would walk up quickly with a smile on his face, and enthusiastically lead every guest into the building.
...
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