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Chapter 638: Expelling Ma Shimin

~7 min read 1,284 words

Ma Shimin has been of two minds these years, and Yang Qing knows that.

But he is still somewhat disciplined, and his ability is extremely strong.

It can be said that Pizza Hut's reaching its current scale is largely due to him.

But the Baobo Mali incident this time has made Yang Qing unable to keep him.

His shoddy PR each time is pushing the Yang Clan into the abyss.

Moreover, this PR campaign, Yang Qing had given them instructions in advance.

And it's still done terribly.

Ma Shimin's intentions have become blatantly obvious.

If he stays, Pizza Hut will have to change its name.

You should know that over these years, Yang Qing has been transferring shares to Xu Huizhen.

(This was the original promise; if Xu Huizhen herself hadn't been inadequate, forcing the introduction of Ma Shimin, Xu Huizhen would have become the largest shareholder already.)

The Yang Family currently holds only 16% of the shares.

But now, Baobo Mali holds 20% of Pizza Hut's shares, Gangdao's other financial institutions together hold about 10% of the shares, and Ma Shimin currently holds nearly 12% of the shares; after excluding the 5% dividend shares, he still holds 7%.

The company's collective shares also amount to 20%. (These are the shares Yang Qing has let go of, but the voting rights remain in his hands.)

Xu Huizhen holds 20%, and retail investors also hold 7%.

Yang Qing's current voting rights amount to 20%+16%+20%=56%.

Barely enough to control the company.

If Baobo Mali, Ma Shimin, and other companies collude, they can muster 20%+7%+10%=37%.

One can see how significant Baobo Mali's entry is for Pizza Hut.

Although Yang Qing made a lot of money by selling 20% of his shares to Baobo Mali this time.

But it also greatly weakened Yang Qing's control over the company.

If Ma Shimin is allowed to stay, his shareholding will gradually increase, and in the future there is indeed a possibility of colluding with Baobo Mali to take over Pizza Hut.

Even now, if Xu Huizhen defects, Pizza Hut will have to change its name.

After the Yang Clan crisis, Ma Shimin actually had a premonition as well.

He himself might have to leave Pizza Hut.

He knows what he himself has done.

He left such a huge loophole that Yang Qing will certainly not be unaware of it.

So he has also been waiting for Yang Qing to appear.

As a result, he didn't wait for Yang Qing, but instead waited for Yang Qihang and the people from the Group Office behind him.

Yang Qihang said nothing, and the people from the Group Office naturally produced the investigation order.

"Manager Ma, this is the Group's investigation order, personally issued by Director Yang."

"We will conduct a comprehensive investigation of you."

"Including this PR incident, but not limited to this PR incident."

"Please cooperate."

Ma Shimin stared at Yang Qihang with an unrestrained attitude.

"Young master, why didn't Director Yang come himself?"

Yang Qihang replied formally.

"Director Yang said, some people are not worth his personal appearance."

"For this answer, Manager Ma, are you satisfied?"

Ma Shimin pointed at Yang Qihang and laughed loudly.

"Do you see? This is the Yang Family!"

"I, Ma Shimin, have worked diligently for decades, yet in the end I am not worthy of a single glance from him."

"This is the Yang Family: discarding the millstone and slaughtering the ox, cold and ruthless."

Ma Shimin's close associates couldn't help but feel grief like a rabbit dying and a fox sorrowing, their anger rising.

Yang Qihang didn't even deign to handle his sowing of discord.

At that moment, the people from the Management Research Institute stepped out.

"Manager Ma, before coming to Pizza Hut, you were an unfulfilled marginal employee."

"It was Director Yang who discovered you and entrusted you with important responsibilities."

"That's how you have what you have today."

"You receive an annual salary in the tens of millions and enjoy a 5% dividend."

"This salary is among the top in the world."

"Director Yang has done nothing wrong to you; rather, you have wronged Director Yang."

"You have colluded with outsiders, intending to seize Pizza Hut."

"Not only have you failed Yang Dong, but you have also failed all Pizza Hut employees."

"You should know that our share dividends are what Director Yang himself put up."

"If Pizza Hut changes leadership, we will directly lose this portion of the dividends."

"Unless someone else is willing to put up this portion of the dividends again."

"Would anyone be willing? Manager Ma, are you willing?"

"Without further ado, are you willing to contribute 5% of your shares to fill it in?"

"You're not willing, are you? Who in this world would be?"

Only Director Yang, who does not weigh gains and losses, will do what others see as utterly foolish.

Ma Shimin, you are destroying Victory Guest with your selfishness, destroying the livelihood of all Victory Guest employees.

The crowd that Ma Shimin had just stirred up was instantly doused with a basin of cold water.

They have always believed that it was Ma Shimin who led them to create Victory Guest.

Victory Guest should belong to them, not to the Yang clan, whom they hardly see even once a year.

Yet no one has considered how much they have received, nor where such high treatment comes from.

It seems as if everything is taken for granted.

Moreover, no one has considered what situation they would face if the Yang Family were to leave.

Profit sharing is an important source of their high compensation.

Without the Yang Family, they are no different from ordinary people.

Ma Shimin never expected that the prestige he had built over several decades would be directly shattered.

Yang Qihang said at this time.

"After the review is completed, regardless of the outcome, Manager Ma will leave Victory Guest."

"Believing that Manager Ma is so capable, he can surely create his own brilliance rather than covet others' things."

"Those who wish to continue staying at Victory Guest to create a new life, our Yang Family welcomes."

"Feeling wronged, they want to follow Manager Ma out to make a splash and start their own careers."

"We also see you off, wishing you a boundless future."

"Alright, those who want to leave can complete the work handover in the coming month."

"One month later, they will leave with Manager Ma."

"Victory Guest is now taken over by the Group Office."

After saying that, Yang Qihang brought people and began the review work.

Regarding this, Ma Shimin doesn't care, because he hasn't done anything illegal.

What he cares about is that his close aides actually did not immediately express an intention to leave Victory Guest.

This is not what he expected.

Actually, he doesn't understand that over these years, the ongoing management reforms have already made them accustomed to the current way of working.

It is precisely the Yang Family's unconventionalness that has made these employees' versatility become awkward.

Over these years, it's not that no one has left Victory Guest, but how many have actually achieved results?

Most people have shown extreme maladaptability.

They have poured a large amount of energy into coordinating relationships.

Moreover, after the words from the Management Research Institute just now, they suddenly came to understand.

Their value may not be as high as they imagine.

Even if you have talent, what use is it if there is no environment to display it?

Can they get used to going out?

What Ma Shimin said is very good, but he actually has shares in Victory Guest, while they do not.

If he fails, he has a fallback; do they?

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End of Chapter

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