2003: Starting with Foreign Trade

Chapter 545 Mom's Request

Recently, some of the well-informed employees at Flashpoint Technology have become restless and are not very focused at work.

The company's four major shareholders gathered together, and senior executives were also brought together for a meeting, but it was only for Flashpoint Technology, not the entire group.

Following the meeting, the company established a restructuring preparation team headed by the group president and his assistant, which included company shareholders, production, technology, finance, and other responsible persons.

Immediately afterwards, FlashTech issued a shareholding reform announcement to all employees on DingDing. The grassroots employees did not understand what this meant, but the senior management and middle managers with similar educational backgrounds who were directly involved understood the implications very well.

"Has FlashDrive undergone share reform?"

When she got home, even her mother asked about it. Zhang Suzhi was a retired employee of a state-owned enterprise, and she heard about it from her younger brother Zhang Qingliang. She knew much more about the meaning of shareholding reform than Zhang Qingliang did.

Either they're preparing for an IPO, or even if the IPO fails, some employees will definitely benefit.

"Yes, Mom, how did you know? Did your uncle tell you?" Tan Jincheng asked casually as he took off his coat.

"Yes, your uncle told me. Don't blame him for this. Anyway, everyone in your company knows about it, so it was only a matter of time before it got to me."

Tan Jincheng smiled and said, "I don't blame him. There's no need to hide this from him. What do you want to say, Mom?"

After saying all that, Mom must have more to say than just out of curiosity; there must be some other reason.

Zhang Suzhi felt a little embarrassed that her son had seen through her thoughts: "Let's not talk about this now, let's talk about it when Qingqing comes back for dinner."

Orange Technology is planning to go public, and Zhang Suzhi has also learned about some of the news. There are rumors that Orange Technology is worth tens of billions of yuan. Last time, her son transferred a lot of shares to the three members of the family.

If we calculate based on a market value of tens of billions, the amount transferred to Jinyue alone is worth 2000 million yuan, which is practically robbery.

Zhang Suzhi never made any demands during Tan Jincheng's business ventures, never troubled her son, and even helped her brothers from her own savings.

For example, when Zhang Qingliang came to work in Ningbo, it was his son who took the initiative to suggest it. He never asked his son to help his other brothers or their children.

Tan Lihua is the same. It has to be said that Tan Jincheng's parents have given a lot of support to his business. Tan Jincheng is doing so well now that almost no relatives bother him. It is all thanks to his parents that he has been able to keep them away.

It's common for every family to have some strange relatives who avoid you when you're not successful, but then cling to you once you've made it big.

Tan Lihua and his wife faced considerable pressure when they stopped these people.

After tidying up my things, I teased Tan Jinyue a bit. I've been so busy these past few days that I haven't been able to take her to the company, and the little girl is quite unhappy about it.

"Mom, just tell me what's wrong. Qingqing won't be home for dinner tonight. Chengzi is busy. She's much busier than me right now."

It would be a miracle if a company's CEO could still leave work on time and go home for dinner during the final stretch of its IPO.

Since the roadshow ended, Tan Jincheng has been focused on his work at Flash, so it's understandable that he's been busy and unable to help Gu Qingqing with her work.

"The company that cleaned up the pipes last time went public. Now that Flashgate is doing shareholding reform, is it also planning to go public?"

To be honest, although Zhang Suzhi knew about share reform, she was still a bit confused about things like listing and financing. She only knew that it was like distributing money.

"Yes, it's preparing for an IPO. Mom, why are you so concerned about this? You weren't this concerned when we divided up your shares last time."

Zhang Suzhi glanced at her son, who was playing with her daughter. She was increasingly unable to understand this son. His career was growing bigger and bigger, and he was getting busier and busier. His temperament was also very different from before he went to sea.

Fortunately, at home, her son is still so carefree, playing and joking around with his younger daughter like a child, which makes her feel a little bit like a mother.

"When Orange Technology went public last time, it distributed shares to its employees. Will FlashDrive also receive shares?"

"Yes, they should be distributed. When a company goes public, it has to provide some benefits to its employees."

A company produces goods to make money, and workers earn money to buy goods. Apart from exports, if you don't pay enough money and provide sufficient benefits, it's actually very difficult to sell your goods.

What businesses should do is use the industry to help a group of people get rich, rather than just a few. The benefits of internet companies going public and distributing shares to employees to help a group of people get rich are very obvious.

Wealthier employees will buy houses, cars, and engage in consumption, thus promoting economic circulation. In this respect, internet companies are more generous than traditional businesses. Most traditional businesses that go public only enrich a small group of people, or even just the founder's family. In the future, when listed companies proliferate, many companies go public with the mindset of the boss cashing out and making a profit.

With thousands of employees, Flash Group naturally cannot allow all employees to hold shares like Orange Technology did when it went public. However, Mr. Tan also did not want to give shares to only some senior executives like other companies.

Even if these people become rich and then resign, it will still be beneficial. At least in the future, when they buy goods, they will remember Boss Tan's kindness and give priority to Flash's products.

During the share reform, a portion of the shares were distributed to ordinary grassroots employees. Of course, Boss Tan is not a great philanthropist. These ordinary employees were definitely selected and were all outstanding talents in grassroots positions.

Stocks also have a lock-up period, just like internet companies. You can unlock a certain amount of stock after a certain period of employment, allowing them to serve the company for a longer time.

Zhang Suzhi breathed a sigh of relief when Tan Jincheng said that employees would be given shares.

"With thousands of employees at Flash, Mom knows it's impossible for everyone to get a share like Qingqing manages oranges; Mom has never asked you for anything, but could you please consider your uncle when you distribute them?"

Seeing his mother's nervous expression, Tan Jincheng couldn't help but smile: "Is that all? Even if you hadn't mentioned it, I would have considered my uncle."

Zhang Qingliang has always worked in the paint baking workshop. His work is not particularly outstanding, but he is conscientious and does not act arrogantly in the company because he is the boss's uncle. He can complete the tasks assigned by his superiors very well.

When production tasks are heavy, the paint shop often requires overtime work. In addition, this job is somewhat harmful to the body, but Zhang Qingliang has never said that he wants to switch to an easier job.

They sometimes come over to visit, but they usually come to see my mom or when my dad comes over.

These points alone are enough to make Tan Jincheng consider his uncle during the share distribution process. A company doesn't mind placing relatives in jobs; in fact, many successful foreign companies are family businesses.

But first and foremost, relatives must be able to perform their respective duties without overstepping their authority.

It's not a big deal to be a little greedy and eat a little; anyone would be just as greedy. But you can't give orders blindly or act arrogantly just because you're in a position of power.

"You didn't make this decision because of what I said, did you? Besides, you and Qingqing are going to get your marriage certificate, shouldn't you discuss this with her?"

"No, it has nothing to do with you. I was planning to give a portion of the shares to the junior employees anyway. As for Qingqing, you don't need to worry about that. The two companies operate independently and do not interfere with each other."

My mother is still considering things from the perspective of a mother-in-law and daughter-in-law. This matter really has nothing to do with Qingqing. Gu Qingqing does not hold any shares in the Flash Group. It belongs entirely to Tan Jincheng.

From another perspective, since both of them have already reached this level of wealth, they won't be short of a little more. When establishing a family trust fund, Gu Qingqing will naturally consider her parents and her close and trusted relatives, and Tan Jincheng will not interfere in this matter.

Having received a satisfactory reply, Zhang Suzhi relaxed: "That's fine, as long as it doesn't bother you."

"What about the other uncles? Mom, haven't you thought about that?"

When his mother made a request of him for the first time, Tan Jincheng found it somewhat novel and couldn't help but want to tease her. Besides the two cousins ​​raised by his maternal grandfather, Tan Jincheng also had two other uncles.

There are five maternal uncles in total. The two paternal uncles are quite old. They have been farmers all their lives and don't have much desire for money. They are happy as long as they are given enough cigarettes and alcohol during holidays.

Before his other two uncles, Tan Jincheng, became successful, they also worked outside. However, in the past two years, there has been a lot of work at the Wangjiang Industrial Base, and they, along with several other uncles, have been working on the construction site.

Having no worries about food and clothing and living close to home, with my mother often providing financial assistance, and all the families having built houses, I don't have much desire for more. When I went home at the beginning of the year, my only thought was probably that I wanted Tan Jincheng to take care of my younger siblings in the future.

"You don't need to worry about them. After the construction site in Wangjiang is completed, if they want to do business, I'll open a shop for them in town to sell electric bikes and tricycles."

"If they don't want to open a shop, just find them some work in the factories in Wangjiang. Anyway, they don't have much education. As long as they don't pick up any bad habits, they'll be able to live a comfortable life."

"As for your younger siblings, I don't need to worry about them. You can handle your generation. If they are capable, then use them; if they are not, then don't spoil them."

Tan Jincheng nodded. His mother was quite open-minded. His uncles were not very educated and were not young. It would be too costly to educate them. It would be enough for them to live a life of comfort.

"Don't worry, Qingqing and I have set up a family trust fund, mainly to protect the future lives of our two families. Qingqing will step down to manage the fund after Orange completes its listing. We don't mind helping any family member who is capable."

Tan Jincheng rarely mentioned his career plans to his elders, and Zhang Suzhi was also learning for the first time that Gu Qingqing had stepped down from the spotlight.

(End of this chapter)