Fake Husband of the Glamorous CEO-Chapter 106: Fierce Competition

Yanlong Corporation.

After General Manager Li Ming left Gu Feng’s office, he held a meeting with 11 team leaders to convey the chairman’s instructions.

The company’s next steps for development were about to be implemented.

That was the expansion of management funds.

Many team leaders, having understood Yanlong’s operational model earlier, had been anticipating this day. 𝘧𝓇ℯℯ𝑤ℯ𝘣𝓃ℴ𝓋𝑒𝑙.𝑐𝘰𝑚

The company was set to expand its partnerships.

This involved splitting the original shares for independent operations.

The advantage was that 100 billion in capital could be distributed across 10 independent fund companies.

Taking Tang Jun as an example, he owned 5% of the original shares, which amounted to 50 billion in share value.

He could then either find someone to register or acquire a fund company.

This was Gu Feng’s way of delegating authority to those original shareholders.

Tang Jun would then be able to choose partners who were willing to follow his lead when it came to investing money.

However, management, commissions, and bonuses were all remotely controlled by Tianfeng Corporation.

All client information files from the subsidiary companies also had to be backed up at the Tianfeng headquarters.

The operational work of the subsidiaries was directly managed by personnel dispatched by Tianfeng Corporation.

Even if a client introduced by Tang Jun invested money in his company, if they violated Tianfeng’s rules, the headquarters had the right to dismiss them without giving Tang Jun any face!

No shareholder owning original shares dared to complain about this condition!

Gu Feng allowing them to maintain their own circle of interests had already satisfied them greatly.

Therefore, no one dared to object because a single word from Gu Feng could take away their original shares!

What excited and anticipated by the team leaders was that according to Yanlong Corporation’s model, the most likely ones to manage the 10 major partnerships would emerge from among them!

It was like a feudal system where the capital was distributed to the remaining 10 legally compliant companies, but the overall control still depended on the arrangements of the main company.

Those team leaders given a share would act as the general managers of a certain company.

Consequently, their treatment and share of the profits would significantly increase.

For Tang Jun’s 50 billion in shares, he only needed to provide his clients with a 30% return in the first year, and any remaining profits, 10% of those would go to the company managing the division.

Then, 30% was to be turned over to Tianfeng Corporation.

That meant if the 50 billion generated 100 billion in principal and profits, after deducting the 15 billion for the client’s annual earnings, from the remaining 35 billion, the division manager could receive 3.5 billion in commissions, and then the parent company would collect 10.5 billion!

Thus, Tang Jun himself would have a net income of 21 billion.

Of course, Tang Jun could choose not to split it and let Tianfeng Corporation manage his share completely.

In that case, he could purely reap 100% of the profits.

However, he would have to invest the initial 50 billion himself, and he would have no rights to recommend any clients.

This was the advantage and disadvantage; if you split your share, you could recommend people from your own circle of interests to prosper together.

But you’d have to hand over a part to the main company.

This time, several of the shareholders owning original shares were willing to split!

Because they all had their social circles to maintain.

In this matter, Gu Feng respected them.

Because as they grew, Tianfeng would grow!

It’s better for everyone to prosper rather than just one person.

Only when you create value for everyone will there be a bunch of people willing to support you when the sky falls!

At this moment, the first competition amongst the team leaders emerged.

Based on the current distribution of shares, Tang Jun owned a 5% share, enough to start one company.

The rest, Liu Jin, Guo Yunfan, Nie Yun, and Ye Wei collectively owned a 25% share, which could only support four companies.

That meant, at present, only five companies could be started!

And yet, there were 11 team leaders!

The competition was indeed fierce.

After the meeting, Group 8 leader Huang Luo, feeling upset, headed to the parking lot to drive his Parme.

The subordinate in the passenger seat also spoke gloomily, "No wonder leaders of Group 4 and Group 11 have been running to Mr. Ye and Mr. Tang, they had already pledged their loyalty!"

Huang Luo sighed, "Who else among us not yet decided shareholders?"

The subordinate shook his head, "The team leaders for the five companies have basically been decided, we are too late!"

So many people left in the company could only share 10% of the stake, but within this, the largest share went to Li Ming!

That’s the company’s chief executive under the chairman, and no one dared to confront him!

So, getting a division allowed for more to be gained!

Seeing Huang Luo’s low spirits, the subordinate comforted him, "The team leaders currently most likely to obtain a share are Qin, Xu, and Dong, because I heard they’re also in the chairman’s group, these three have the best chance!"

Huang Luo nodded, "I heard too, but if we know this, so do others, the competition is just as fierce!"

Saying this, he took a deep breath, "Well, let’s just go to Mr. Xu’s dinner first and take it one step at a time."