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Chapter 773: Yang Qihang's Final PR

~6 min read 1,141 words

Just before Yang Qing and Tanaka Yuko started their live stream.

Yang Qihang also posted a video on Douyin.

Hello, friends.

The Vast Sea matter is already settled; those who wanted to rely on conspiracies and tricks to topple the Yang family, sorry to disappoint you.

Thank you to the discerning for your support; it is you who have distinguished right from wrong, allowing our Yang family to escape the whirlpool of public opinion, and also thanks to those who helped us find faults on xxx, yang, xxx. To be frank, as the Yang family has developed to this point, many corrupt things have also been happening internally.

This is a natural law, just like people go from youth to middle age, then the body begins to decay; the Yang family is no different, its development also continually encounters many problems. Although the Yang family's Management Research Department tries every means to solve them, problems keep cropping up.

Here, I thank my father's foresight.

He actively promoted the Collective Share System from the start.

Like Azure Rainbow Media, which has been self-governing for twenty years and still maintains its vitality.

The Yang family's share has dropped from 100% down to the current 30%, with over 50% already converted to collective shares.

This trend will continue until the Yang family's share drops to 5%.

The Yang family will forever retain this portion of shares, as a reward for being the founders.

Putting it bluntly, we Yang family take this share with a clear conscience.

Those who disagree are welcome to come and refute; as long as you achieve half of what the Yang family has, I consider you a real man.

My father taught us that material things are created by all humanity, so they should belong to all humanity. Because the Yang family can better utilize material resources and create more wealth, it becomes the user of that wealth.

Those who do not use this wealth well, wealth comes quickly and goes quickly.

My father's education for us is to use this wealth well, let it benefit the country and the people, not let it blind the eyes, used for eating, drinking, playing, indulging in pleasure, and bullying others with power.

Wealth is not the Yang family's private property.

Once it becomes private property, it will inevitably become a sword that wounds the Yang family.

We have always adhered to this principle.

Therefore, we unhesitatingly invest in education, basic research, and disadvantaged industries.

Many people may notice that many of the companies we invest in have not, as we said, fully implemented the collective shareholding model.

You are not mistaken.

The reason this industry has not fully implemented the collective shareholding model is...

Because this industry itself is not entirely a technology and service-type industry; its development may largely rely on its own monopolistic position.

Not all of these companies have developed solely through the efforts of their employees, for example Hong Kong Telecom, Hong Kong Electric, etc.; if all their shares were placed into the corporate collective, it would clearly be problematic.

The Yang family needs to take this portion of wealth that rightfully belongs to society, reinvest it, and help social progress.

Saying this, Yang Qihang paused.

Today I've explained a lot, and I went off-script.

Sorry, my emotions are a bit out of control.

Yang Qihang bowed and apologized.

Let's get back to the main topic, and return to the reports on xxx, yang, xxx.

Everyone should also have noticed that many problems are resolved immediately upon being raised, while some problems remain unresolved for a long time.

Let me explain this here.

Some issues are timely problems, such as poor service, insufficient wages paid, dismissal, inadequate compensation; these can be known with a little investigation, so handling them is also simple.

But some issues are lingering problems, such as someone taking kickbacks, even engaging in unwritten rules; this part requires investigation, and results are hard to obtain in the short term.

Some issues are strategic problems, such as whether we have monopolized something.

I want to ask everyone, for example, Hong Kong Electric, Hong Kong Telecom, would directly splitting them be good?

The locality is only so big; either I monopolize it or you do; even if we open it up, the final result will still be one side monopolizing the market.

Going back and forth, it's just changing a person; the result will not change at all, and may even affect everyone's life due to the struggle among several parties.

Some also say learn from Ouluoba, give up part of the profit, and do distribution.

Friends, do you think that by doing distribution you can profit?

That would only pass through several more hands, driving the electricity price even higher.

You want us to change; how should we change? Or do you just want Hong Kong Electric to have a new owner?

Some people's raised questions are ill-intentioned.

Finally, let's talk about labor dispatch.

Vast Sea has already firmly expressed its stance.

I also solemnly pledge here: the Yang family's enterprises and their affiliated enterprises.

Within two months, completely sever cooperation with labor dispatch companies.

We firmly resist this practice of drinking human blood and eating human blood steamed buns.

I know there are many Daxia people, and competition is fierce.

But vicious competition will only be realized by exploiting ordinary employees and lowering product quality.

Is excessively lowering wages a good thing? Everyone is poor and tightens their belts, no one consumes, who will buy your goods?

Relying only on exports?

If one day exports suddenly run into trouble, will you still survive?

Also, the consequences of lowering product quality are serious; what is lost is the brand image.

Building a brand is extremely difficult, but destroying it can be done in an instant.

I can already imagine some people opposing my words.

What are we afraid of doing private labeling?

What's wrong with us making three-no products?

I said, you are too ignorant.

Hasn't anyone noticed?

Daxia's protection of intellectual property is becoming increasingly strict.

Do you think Daxia will continue to let you lot of troublemakers wreak havoc on the market?

Think about the punishment foreign countries impose on companies like yours!

Otherwise, if you're not careful, you'll not only fall back into poverty, but you'll wear out the bottom of the prison.

Someone might say the problem is international competition, that being too formal makes it impossible to provide enough competitiveness.

Without competitiveness, you can't survive.

Actually, this problem also exists in Vast Sea.

Solving it is also quite simple: optimize management, improve technology, integrate resources.

Standardize industry practices, reduce mutual sabotage in the international market.

Also, carry out industrial upgrading.

Every industry has its downturn; the way to deal with such a situation is industrial upgrading.

You can't rely on making socks for a lifetime.

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End of Chapter

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