Chapter 224 The Price of Showing Off
Chapter 224 The Price of Showing Off
Compared to the tense atmosphere surrounding Zhao Daye and Su Youpeng, our Boss Li's schedule today was relaxed and pleasant.
When the sun was high in the sky and the clock struck eleven, Li Feng finally woke up.
These past two days have seen the completion of several key strategic deals, with Wanda Cinemas and the food delivery O2O platform both in place, making Li Feng extremely pleased with himself.
Since I'm in such a good mood, I'll naturally make sure the work schedule goes smoothly.
The newly appointed Zhang Yuxi kept Zhang Xinyu's instructions in mind: "When the boss is in a good mood, he will arrange for Sister Shishi and Sister Tangtang to come."
Therefore, Liu Shishi and Tang Yan were the ones accompanying Zijinshan Manor these past two days.
By the time Li Feng finished washing up, had lunch, and then sat cross-legged in the sunroom to complete a round of the Taoist breathing exercises for strengthening the body and nourishing the vital energy from "The Origin and Flow of Gas," it was already two o'clock in the afternoon.
"Boss."
Zhang Yuxi, carrying the schedule, tiptoed in and began to report the afternoon's arrangements: "At 3 PM, Jinling University will be hosting the 'Outstanding Alumni Forum' for you."
Upon hearing this itinerary, Li Feng nodded slightly.
Jinling University is, after all, his alma mater, and in recent times, out of respect for him, it not only moved its top-tier semiconductor and integrated circuit departments, along with their professors and experts, to the new campus in Xuzhou, but also specially opened a Huaxin special recruitment class.
Li Feng naturally wanted to reciprocate this favor by going back to support her.
"After the lecture, the school said... they even prepared a university reunion for you," Zhang Yuxi continued her report.
"A class reunion?"
Li Feng's hand, holding the teacup, froze in mid-air, a hint of disorientation flashing in his eyes.
He leaned back in his chair, and the scenes of his time at Jinling University involuntarily surfaced in his mind.
At that time, he was just a small-town exam taker who came from a rural area in northern Jiangsu.
Wearing faded old clothes and looking at his glamorous classmates from the city, he felt a deep sense of inferiority and introversion.
During his four years of college, he spent almost no time socializing except for immersing himself in the library and computer labs coding.
I haven't made a single close friend, let alone any of those melodramatic teen movies about "first love, white moonlight."
Back then, he was just a complete loser. He even stuttered when talking to girls. What girl would be blind enough to fall for him?
After graduation, we all went our separate ways and lost all contact long ago.
"Maybe there is something wrong with my personality. Having lived two lives, I seem to really lack the ability to manage relationships."
Li Feng chuckled to himself, feeling a pang of regret as he thought about how he had never been able to build a normal family before his sudden death on the street in his previous life.
But this sigh lasted only a second before being replaced by the indifference of those in power.
Now, he is worth hundreds of billions and has a harem of the most outstanding actresses in China.
He's rich, powerful, and influential, so why would he bother with those classmates he hasn't contacted in ages, playing the long-lost reunion act?
Should we listen to their insincere flattery, or should we indulge their delusions of climbing the social ladder?
"Tell the school that the class reunion is canceled," Li Feng refused without hesitation.
"Okay, boss." Zhang Yuxi crossed out the itinerary with her pen.
"At 10 p.m., Mr. Su Youpeng and Director Zhao will host a private dinner to welcome you."
Li Feng nodded and asked, "Has Wanda Cinema Line's performance-based agreement been drafted yet?"
"It's all ready!" Zhang Yuxi quickly pulled out documents from her briefcase. "Not only is there the performance-based agreement with Wanda, but also the 'O2O Dual-Line Investment and Acquisition Plan' regarding investing in Meituan and Baoleyao. The investment department has also finished it."
Li Feng took the document and quickly scanned the harsh performance-based clauses and the investment structure of equal voting rights for each share.
"Hmm, well done. Go and push it forward." Li Feng handed the document back with satisfaction. "Prepare the car, let's go to Jinda."
……
At 3 p.m., the largest lecture hall at Jinling University, which can hold a thousand people, was packed to capacity.
When Li Feng walked onto the stage surrounded by school leaders, thunderous applause erupted from the audience!
For these college students, Li Feng, this legendary alumnus, is undoubtedly a wealth myth!
Li Feng stood in front of the podium, looking at the densely written speech prepared by the public relations department.
"Respected leaders, dear teachers and students, I am very honored to be here today..."
Li Feng glanced at it and frowned.
This is written way too formally!
Perhaps it's because once a person achieves a certain level of success, they always want to express their true self to the world.
Or perhaps it was the suggestion of a "class reunion" that stirred up his long-suppressed desire to vent and make a comeback.
Li Feng simply pushed the speech aside and spoke without notes!
"Dear students."
Li Feng's voice echoed throughout the venue through the microphone, "Looking at you all is like seeing myself back then. A poor student who came from a rural area in northern Jiangsu and was supported by my parents selling grain."
The audience fell silent. No one had expected that this financial tycoon's opening remarks would be so down-to-earth!
Li Feng got more and more excited as he spoke, and he began to recount his experience of working at Tencent as a low-level employee after graduation, and how he was punished by his superiors for not knowing the rules.
"Back then, when I was kicked out, I thought to myself, 'Are people without connections just destined to be crushed by these big companies?!'"
"I refuse to accept this! I used a Tencent PC to create my first game, 'Happy Farm,' invest in my first TV series, 'iPartment,' and later founded Haofeng Weibo!"
On stage, Li Feng spoke eloquently, recounting his journey from the grassroots who were oppressed by capital to the pan-entertainment empire that now dominates the business world!
In the end, amidst the fervent atmosphere and thousands of admiring gazes, Li Feng's emotions reached their peak!
With a wave of his hand, he threw out an incredible pie that made the whole place boil!
"Haofeng's success today is inseparable from the country's favorable policies and the spirit of this era!"
"Therefore, I, Li Feng, hereby announce today that Haofeng Group will shoulder its due social responsibility!"
"To ensure that every brother and sister who works hard for Haofeng can enjoy the benefits of this era, 10% of the shares of all Haofeng's subsidiaries will be held on their behalf by the Haofeng employee union!"
"As long as you work at Haofeng until retirement, the dividends and exchange rights from this 10% shareholding will be your retirement guarantee! We aim to achieve true common prosperity!"
boom!!
The students' screams nearly blew the roof off the entire lecture hall!
Giving away 10% of his billion-dollar empire to his employees?! This Boss Li really wants to let the rich get rich first and then help the poor get rich later!
However, while the students below the stage were celebrating, Zhang Yuxi and several accompanying executives standing backstage were so engrossed in listening that their vision went black!
……
as predicted.
Li Feng had a great time on stage, and he really showed off.
But as soon as he returned to his office in the headquarters building, a whole host of deadly troubles followed!
The heads of the legal and finance departments scrambled into the president's office.
"Boss! Your speech today... carries too much legal risk!"
General Counsel Zhu Fengchun reported to his superior with a headache: "You actually admitted that 'Happy Farm' was created when you were a low-level employee at Tencent!"
"This...this involves embezzlement and using resources from a former employer for commissioned work! Your publicizing this so openly is practically an admission of guilt! If Tencent's legal team uses this video to file a lawsuit, we'll be in serious trouble!"
Li Feng's heart skipped a beat after hearing this.
Damn, he got so carried away that he accidentally revealed his past "paid entrepreneurship" experience!
"However..." Old Zhu comforted himself, "After all, four or five years have passed. Even if Tencent collects evidence and files a lawsuit now, we can drag it out in Nanjing, our home turf, and it's a minor problem."
"But! Boss! That '10% employee stock ownership' you promised on stage! That's the real problem!"
CFO Ms. Gao was also overwhelmed: "Boss! Haofeng has nearly a hundred wholly-owned subsidiaries and holding companies of all sizes! And a total of over ten thousand employees!"
"How is this 10% defined? Is it based on the group's total share capital, or on a separate breakdown of subsidiaries?"
"The allocation ratios, years of service, and job level weights of these tens of thousands of people... the equity penetration and financial auditing behind all this is a massive undertaking that even a few hundred people couldn't figure out!"
Old Zhu added, "What's even more critical is the regulatory issue! Legally, labor unions can indeed hold shares in subsidiaries. However! National regulations stipulate that labor unions cannot appear on the shareholder register at the parent company level! Furthermore, entities at various levels controlled by the actual controller cannot hold shares through labor unions!"
"Boss, if these subsidiaries plan to be spun off and listed in the future, and there's this ambiguous entity of 'union shareholding'... the China Securities Regulatory Commission will absolutely not approve it! If they want to go public, the union's 10% stake must be completely divested!"
Hearing his two generals' tearful analysis...
Sitting in the boss's chair, Li Feng finally realized what was going on!
He finally understands what it means to have trouble coming from your mouth!
I just sauntered around on the university stage, trying to appear as a visionary entrepreneur, but that careless remark has caused so much trouble!
However, as the boss, Li Feng can admit his mistakes and correct them, but he will never admit his mistakes!
"What's the panic? Is the sky falling down?"
Li Feng put on a stern face, suppressed his embarrassment, and adopted the authority of a boss.
"If Tencent really wants to sue, and your legal department can't even handle this trivial matter, you might as well all resign!"
Old Zhu shuddered in fright and quickly nodded repeatedly: "We can win! Don't worry, Mr. Li, in Nanjing, Tencent absolutely can't win a lawsuit against us!"
"As for employee stock ownership..."
Li Feng's exploitative instincts took over, and a tug-of-war plan to fill the gaps came out of his mouth:
"Go! Establish a dedicated 'Haofeng Employee Stock Ownership Committee'! Transfer these 10% of the shares to this name and create a fictitious account!"
"Raise the retirement threshold for middle and senior management! If they resign or are fired the day before retirement, they won't get a single penny of these shares!"
"besides!"
Li Feng's eyes were cold: "We will implement a 'last-place elimination system' across the entire group, based on quarterly business performance! We will regularly optimize a group of middle managers! We will raise the standards for performance evaluation!"
"As for those low-level employees... even if they work until retirement, with such a large number of employees split equally, how much money will each person actually earn?"
"The framework for resource allocation is your job as legal and finance departments! If I, as your boss, have to teach you everything, then am I paying you such high salaries just so you can be decorations?!"
Faced with the boss's scoundrel logic, Lao Zhu and Sister Gao were inwardly complaining, but how could they dare to voice their objections?
"Yes, yes, yes... Mr. Li is brilliant! We'll go down and set up the framework right away! We guarantee there won't be any problems!"
dkrc