My American magical life
Chapter 931 - 931 73 Freewheeling 1

931: Chapter 73: Freewheeling 1 931: Chapter 73: Freewheeling 1 “Mother swindled out of life-saving money by an e-commerce platform: There has been no formal response to this day.” —— Poster News.

“Hua Country Business Figures Weekly” annual young entrepreneurs ranking, controversial internet celebrity Cheng Daqi narrowly made the list, ranked thirtieth.” —— Bai Jing Youth Daily.

“Dismissed immediately!

In response to illegal business activities of a partner, Shanhaiguan Media made a strong reply, and the deputy general manager responsible for that project has been fired!” —— Shuzhou Observer.

“Dongfeng Automobile’s acquisition case suspects a twist, revealing a mysterious third party cutting in to snatch Southeast Automobile, suspected to be a certain state-owned automotive giant.” —— Quancheng Business Review.

Gu Chaofei was somewhat annoyed by the news recommended by the AI, and he threw his phone onto the table, addressing the man sitting across from him at the tea table.

“Now that you’re effectively in charge of Shanhaiguan, does Cheng Daqi really plan to take Shanhaiguan public within three months?”

Yang Yuan responded with an embarrassed smile.

“Not really; I’m just helping President Cheng to patch up the gaps.

As for going public, that is indeed true, and it was President Sun who initially connected us with Nanhua Capital.

Now, Nanhua’s people have already entered the company and started guiding the preparations for the IPO.

After all, it’s a backdoor listing, so there are many troublesome procedures.”

Yang Yuan had a very ordinary relationship with Gu Chaofei, but this time he came to ask Gu Chaofei for Dongxin’s resources.

Being under someone’s roof, one has no choice but to bow their head.

“Tch, unexpected.

How much do you think you’ll be valued at by then?”

Gu Chaofei wasn’t one to gossip, after all, he was a big shot himself, but the matter of going public was still very attractive to most people.

“Valuation…

it’s hard to say.

President Cheng has set a target of four billion.

There’s no precedent for MCN institutions like us going public on the stock exchanges in both Hong Kong and the mainland; although there are peers in America, they are too small to be a reference.”

Actually, going public has a very low threshold.

Of course, it isn’t as low as setting up a street stall, but when looked at globally, it’s really not that difficult.

Many people mistakenly believe that listed companies are all impressive enterprises, when in fact, in stock exchanges in places like Hong Kong, Po County, and America, there are a lot of small companies.

Take that example, Accountant Jia, Lao Jia, had taken his first company public around the millennium, with the listing taking place in Po County.

Well, around the same time as when Boss Lei took Jinshan public.

“Your revenue had explosive growth last month, which looks good, but you’re also aware that opportunities like Family Good Items are hard to come by.

When you have the time, you should advise President Cheng to focus more energy on…”

Gu Chaofei stopped speaking; Cheng Daqi had asked him to help smooth things over to acquire the car production license from Southeast Automobile, but in the end, it was Sun Dongxin who made the move.

Now, President Cheng has already started to play in the car-making industry.

Whether he succeeds or not, at least he dares to bet, and he could forge a name in the Hua Country’s business world in the future.

What about himself?

What right do I have to act superior in front of Cheng Daqi’s subordinate?

“Forget it, Old Yang, I’ll arrange the matter you mentioned.

It’s just about people, right?

When has Dongxin ever lacked people?

I’ll pick a batch for you from this year’s management trainees.”

Dongxin’s model is the ultimate nurturing of internal talent; management trainees sound prestigious, but the elimination rate is as high as eighty or ninety percent.

However, among those who get weeded out, there are many good ones as well.

Shanhaiguan is still in a period of rapid expansion.

As Yang Yuan took over Dong Zecheng’s position for day-to-day business operations, recruitment is one of his key tasks.

Old Yang thought it over and went to his former boss, which led to the conversation between the two.

—————–

“Come on, drink up, drink up, after five hectic days, finally all the leaks have been fixed.

Let’s all relax today!”

In America, Wang Weiheng and the others also enjoyed the long-missed chilled beer.

One can per person, free beer, tell me if it’s touching or not.

The blessings of Old Li are not yet exhausted.

“What’s there to enjoy drinking?

If we were working on construction sites in Hua Country, we’d easily make four to five hundred a day, but now after toiling for five days, the reward is just one can of cold beer per person.”

“Exactly, just one can, gone in two swigs, is that enough?”

“All you think about is food!

We should go to the American Government, inform the police, and get them locked up!

Especially that Old Li!”

Hearing this, Wang Weiheng’s eyes flickered, and he emptied his beer can in one gulp.

He shook it vigorously to make sure it was completely empty, then smashed the can onto the face of the person who had spoken.

“Report your ass!

I spent over half a million on this identity; if you screw it up, I’ll bury you alive!”

The man who was hit watched the surrounding faces filled with malice, not daring to retaliate or talk back, and could only silently drink his own beer.

They now belonged completely to the category of slave laborers, not even illegal workers.

Illegal workers are contract workers but with irregular status, who can run away.

But they can’t even think about running.

Old Li ingeniously utilized the baojia system, originated from the Zhou Dynasty, dividing these few hundred people into dozens of ten-person groups, where if anyone from a group ran away, the lawful status of the rest would be compromised.

Theoretically, they could band together and run away as a group, but Old Li made it clear: if they ran, they’d lose their legal status and the money they paid would be wasted.

Some of them had taken out loans to come here, but many carried their families’ hopes with them, the several hundred thousand they spent on buying the identity was to change their fate.

Just with this one move, he had divided them.