Chapter 360: Only My Unique Method Chapter 360: Restructuring the Group (Asking for Monthly Tickets)

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Protagonist:

Chen Yi

At this juncture, the PC industry is precisely a rising sun industry in full swing, with characteristics of high turnover, high profit margins, and high liquidity, causing enterprises to jump in like they're making dumplings, afraid the water isn't hot enough to scald themselves to death.

Chen Group's entry into the PC business wasn't late, so whether it's home computers, commercial computers, servers, or software services, all are thriving; it's a happy large-scale middleman. At the best of times, they earned more than the upstream and downstream enterprises combined. It should be said that Chen Group remains one of Jiangning's top enterprises today, and the PC Department's contribution is significant. Among the vice presidents present, two came from the PC Department with outstanding contributions.

As CEO, Chen Zhenxing explained the PC Department's importance to Chen Yi with painstaking earnestness, but the latter didn't buy it at all. He wanted a West Continent-backed company; Chen Group's bloated body would save a lot of trouble if it could slim down successfully, so he said: "Since the price is high, then sell it while the price is still high."

This sentence nearly made Chen Zhenxing choke with anger. He angrily asked: "Then Mr. Chen, what kind of group do you ultimately want? A short-selling group?"

Chen Yi said very seriously: "That won't be necessary. Isn't it currently about expanding the pharmaceutical company?"

"Our pharmaceutical company is at best just a middleman... this..." Chen Zhenxing recalled the PC Department was also a middleman, stopped, and said: "Pharmaceutical company risks are high, and we're not familiar with it either..."

"Then hire people." Chen Yi said with a beaming smile: "The expanded pharmaceutical company must have a genetic engineering laboratory and possess certain research capabilities. If you can't establish it yourselves, invest in shares... hmm, I've prepared 500 million US dollars. You can discuss with Ms. Fang Manyi."

At current exchange rates, 500 million US dollars equals 4.2 billion RMB, equivalent to one-fifth to one-eighth of Chen Group.

The calculated figure startled everyone. The words stuck in Chen Zhenxing's throat couldn't be spat out.

Nobody's money is blown in by the wind. Chen Yi producing 500 million US dollars — actually even 50 million would demonstrate an attitude, at least showing the other party is willing to pay such a high price for his own decision. In other words, Chen Yi's decision is very likely based on facts unknown to them.

Chen Zhenxing asked with a dry throat: "500 million US dollars in cash?"

"More or less." Chen Yi grinned and said: "PC Department, how much do you think it can sell for?"

"Mr. Chen, Mr. Chen, since there's 500 million US dollars, why can't we keep this hen that lays golden eggs, the PC Department?" The questioner was precisely Jiao Kuan, the vice president from the PC Department.

Chen Yi pondered a moment, then spoke truthfully: "I don't want Chen Group flying the Chen Family banner in too many fields. Is this answer satisfactory to you?"

"We operate legally!" Jiao Kuan's words drew murmurs of agreement. Everyone naturally wanted to fly the Chen Family banner — how comfortable. Commissions and bonuses wouldn't decrease because of it.

This was originally a shared-benefit matter, until Chen Yi had new money-making methods. So he just shrugged and said: "Too many government contracts, bidding purity hard to guarantee, future unpredictability — any one of these three points is enough for me to decide to sell."

Compared to the previous simple and crude answer, Chen Yi's current performance was enough to move the group's senior management to grateful tears. Since he was willing to talk, they also perked up and actively persuaded.

Hai Moran opened with data: "Mr. Chen, the PC Department's profit margin is astonishing. Last year it reached 75% net profit, about 800 million RMB, first in Jiangning's PC industry, also top ten nationally. Abandoning so much money is too regrettable. Additionally, we're still very optimistic about the PC industry's future."

Chen Zhenxing forced out: "We sold the Light Industry Department, already making group management trend toward chaos. The Legal Department was transferred to the All-China Federation of Industry and Commerce. Selling the PC Department again, what will other companies think? If we lack cash, it'll be even harder to get loans."

"Right, selling two departments at once affects all group businesses. Some contracts need renegotiation."

"Business and contract issues, I believe you can handle well." Chen Yi smiled calmly, like a well-fed Monkey King, and said: "Everyone here is group senior management, so I'll speak directly. Simply put, I want to tighten the Chen Family brand. Departments making less money have no qualification to use it. The PC Department's profit margin is high, but not as good as raw materials. Our non-ferrous metal mining department, with only a few billion in assets, earns no less per year than the PC Department, right? So we must plan to expand investment in the resource sector. The Chen brand must be used cautiously. Other departments without my permission also cannot fly the Chen brand."

"We are Chen Group..." someone muttered quietly.

Chen Yi glared at him, not answering such provocative talk.

Chen Zhenxing thought more deeply, raised his voice and asked: "Mr. Chen, investing in energy and raw materials... will face enormous policy restrictions."

This sentence was to rally the group's senior management. If policy decides Chen Group's future, what use are so many vice presidents?

"A copper mine's return rate is hundreds of times. Any non-ferrous or ferrous metal mine is hugely profitable. As long as it's within the legal framework, I'm willing to wave the Chen Family brand. When can the PC Department reach 2 billion profit? My ultimate purpose isn't to put down the Chen Family brand." Chen Yi spoke as if earnestly advising: "My ultimate purpose is for every Chen Group department flying the Chen brand to achieve 10x+ profit margins, otherwise don't do it!"

Chen Zhenxing regretted gathering senior management to pressure Chen Yi. Now it seems this Chen Yi, who has neither read an MBA nor has business experience, treated this meeting as an inauguration speech. And his words just now represent his management philosophy.

The Chief Executive Officer's focus lies in the word "Execute." The Board of Directors is the ultimate decision-making body. Due to Chen Group's equity structure, Chen Yi, acting on the Chairman's authority, has made the decision. Chen Zhenxing can at most demand a board meeting to delay, but that also means shortening his own tenure.

No director can tolerate a CEO who cannot execute.

During Chen Group's sale of the Light Industry Department, Chen Congyu didn't appear, which already showed his attitude. Replacing a CEO is absolutely less complex than selling an entire department.

Chen Zhenxing was still hesitating when Chen Yi had already risen to his full height, finally asking: "PC Department, how much can it sell for?"

"Vice President Zhou, you tell us." He could only drag the unlucky surnamed Zhou out again.

"Light Industry is still negotiating... PC Department, PC Department roughly, roughly around 3 billion." Vice President Zhou's voice grew quieter and quieter.

A 3 billion department earning 800 million a year — no wonder they're reluctant to let go.

Chen Yi was slightly reluctant, but the resolve to let go was stronger. How else to wash out money? How else to adjust Chen Group into a West Continent support institution? So he decisively ordered: "Maximize the price, sell it."

The senior management all wore bitter faces. Their subordinates' strength diminished by another fraction.

Chen Yi shook hands with them one by one and left.

Judging from today's performance, his humility and modesty suffered some loss, but he's used to it. Eternal humility and modesty achieve nothing. Look at the Lone Ranger and the Holy Knights in the military — the gentlemen of the Saint Qiao Kingdom can understand Holy Knights, after all. Historically many would abandon this faith. Earth's environment is even more so. On certain important occasions, humility is cowardice, modesty is weakness. Risking a bit of divine power loss is worth it.

Similar to the previous meeting's flow, concluding the Chen Group meeting with undercurrents surging, Chen Yi set off to meet those retired officers. The difference is, this time he's heading to the Chen Family Martial Arts Hall's Outer Hall.

The Outer Hall is still in Meijiang Building, higher floors, better scenery. Judging by current actual value, retired military personnel are indeed worth more.

Chen Yi needs soldiers who can go to the battlefield. In this situation, gentlemen willing to fight and able to fight are the most valuable.

Among the Outer Hall Phase Two students, the fastest progressing Sergeants Hu Yang and Zhao He — Chen Yi heard their loud shouts the moment he entered.

Body Technique training doesn't actually require shouting, but this is the sergeants' encouraging training style. Driven by these two, Outer Hall Phase Two students performed better than Phase One. But this is normal. Phase One are all Special Forces Officers, relatively older, command experience stronger than their own qualities. Phase Two are mostly Sergeants, similar ages, but military skills more proficient.

From a long-term development perspective, Phase One obviously has more prospects than Phase Two, with one premise: they must keep up with the average standard. Currently, He Qun exceeds the average, Wei Fu is below standard. Their ranks are exactly opposite.

Chen Yi watched a while, then announced his arrival with light applause. Wei Zheng, responsible for teaching Phase One students, immediately ran over and shouted: "Assemble."

The retired military men used sparse, ragged movements to proclaim their ended military careers.

The three months before a soldier's discharge is herding sheep — their two or fifteen years of training life all herded clean away.

Chen Yi hehe-laughed. The West Continent soldiers' formations aren't even as good as theirs.

It was Phase One's Du Yilong who couldn't save face, bellowing: "All present, attention."

"It's fine, it's fine." Chen Yi hehe-laughed, nodding: "You're not conscripts anymore, not serving the country. Being relaxed isn't bad. If there's something you don't want to do or can't do well, just dismiss them. Not saying we must train obedient ones. Wasting time isn't... we want productivity from efficiency."

Cao Zheng held back laughter and said: "Yes."

The retired veterans instantly stood as neat as new recruits — this posture hadn't been seen in at least a year. People are lazy. The military uses strong discipline to constrain. The martial arts hall can only use strong contracts.

"Overseas security work is increasingly severe. I need three batches of people..." Chen Yi's voice was deep: "First, soldiers qualified for heavy weapons like tanks, artillery, individual missiles — step forward..."

Immediately 12 people stepped forward.

One heavy weapon qualification is about 10% raise, and it stacks. The more you know, the more you get. Even those who only touched the basics before will now find ways to learn.

……(Unfinished. If you like this work, welcome to come to Qidian (qidian. com) to cast Recommendation Tickets, Monthly Tickets; your support is my Maximum Motivation.)