Chapter 105 - 105 105 All Dividends All Belong To Me
Chapter 105 - 105 105 All Dividends All Belong To Me
?Chapter 105: Chapter 105: All Dividends, All Belong To Me Chapter 105: Chapter 105: All Dividends, All Belong To Me Only after Zhu Qianying entered the hotel did Yan watch and instruct the driver, “Back to the Tong Family!”
Under normal circumstances, Yan didn’t often return to the Tong Family, except for the monthly meetings that he invariably presided over. Typically, he managed the vast estate of the Tong Family remotely.
Of course, his seemingly hands-off management style was not because the individuals within the Tong Family were particularly obedient.
Instead, when he took over these industries from the old lady Yan, it took a lot of hard work and thorough restructuring. After nearly two years of major reforms and personnel changes, the people of the Tong Family gradually accepted Yan, who came from a lineage of officials and businessmen. They started out displeased with his leadership but eventually became wholeheartedly satisfied.
Over these ten years, Yan had also progressively nurtured several outstanding senior executives to handle various industries within the Tong Family. This allowed him to devote more time to the Yanhuang Group.
Now, aside from the KTV, which he has been frequently paying attention to recently, he remotely manages other not-so-legitimate enterprises, which are mostly controlled by several managers.
After Yan built up a strong reputation within the Tong Family, these illegitimate enterprises also began to strive for regularisation in management and operation.
Naturally, this regularisation was a massive disruption and transformation for the Tong Family, a major underworld power that had been rooted in L City for nearly a hundred years. For those old-school conservatives with deep-rooted beliefs, Yan’s actions were nothing short of treason.
The Lullaby KTV chain was the first venture of the Tong Family that moved towards regularisation. Judging by its thriving performance today, the Lullaby KTV had successfully completed its transformation.
It took Yan and his managers nearly two years to navigate through the difficult process of this transformation, countering numerous obstacles along the way.
Recently, Yan has been working on restructuring the Tong Family’s bank. This process would affect the interests of many collateral relatives within the Tong Family. Therefore, even as it has just started, the process was countered by various objections from a large number of imperial family members.
Tong Feng, spurred on by these royal family members, was responsible for causing such a disaster.
Initially, Tong Feng was merely a pawn controlled by the old ministers to test Yan’s tolerance and boundaries. But Yan didn’t stop at half measures. He directly discarded Tong Feng and threw him overseas. This action instantly silenced the imperial relatives.
By the time they came back to their senses, those old ministers were furious!
The man who had just phoned Yan was Ke Kai, the manager in charge of the Tong Family’s banking business.
“Sir, your uncles want to divide the bank.”
This was the first thing Ke Kai said after the phone was connected.
Considering Zhu Qianying was present, Yan simply responded, “Speak!”
Once Zhu Qianying put on her earphones, Yan allowed Ke Kai to give a brief account of what had happened.
As soon as the driver returned Yan to the Tong village, before the car had even stopped, several old men with grey hair surrounded him.
These old men were the uncles Ke Kai had mentioned on the phone, the old lady Yan’s cousins.
“Young Master Han, you are finally back!”
Once Yan alighted from the car, these members of the Tong Family, accustomed to taking advantage of their age, crowded around him. One was pulling his left arm, another his right. They were tugging and pushing as if they wanted to tear him apart right on the spot.
“Let go! Lets talk inside!” Yan was in a good mood that day, so even though his tone was harsh, his expression remained calm.
This Tong Village was actually a whole group of villas located in the city center. The property was bought by the old lady Yan’s father who gradually built it up into a lineup of villas. Outsiders referred to this place as Tong Village.
Having previously experienced Yan’s resolve, the old fellows quickly withdrew their hands upon hearing his words.
The blunt words they had dared to say in front of Ke Kai, naturally, they wouldn’t dare repeat in front of Yan.
“Young Master Han, the banking business is doing quite well now. Why make changes?” Tong De Zhi, the oldest of them, became their spokesperson.
Yan sat on his exclusive single-seater sofa, took the iPad handed over by Ke Kai, lifted his left palm up, and a servant quickly placed a prepared cup of ginseng tea in his hand.
After Yan took a sip of the ginseng tea to moisten his throat, the servant tactfully took the cup away. Meanwhile, Yan tapped on the iPad screen, which displayed a table detailing the changes in the bank’s performance over the past few years.
“Uncle Zhi, do you still remember how much your bonus from the bank was three years ago?” Yan asked without a change in his expression.
Tong De Zhi coughed slightly, “That was several years ago… who could remember?”
Yan lifted his eyelids to glance at him, then raised the iPad, “Ke Kai!”
Ke Kai, like Qin Xiu, was a very observant man. In the three years that he had been with Yan, the two had developed a certain level of unspoken understanding.
He caught the iPad and looked at the data on it.
“Uncle Zhi, three years ago your bank bonus was five million. The others were three million, two million, and one million, respectively.”
“Two years ago, Uncle Zhi, your bonus was eight million, and the others increased proportionately. Last year, Uncle Zhi’s bonus was ten million, and the others increased in the same proportion.”
After Ke Kai finished reading the data, Yan looked at the old men sitting across from him.
“Dear uncles, Ke Kai took over half of the bank, and in two years, your bonus has doubled. This means that if the other half of the bank were also managed according to Ke Kai’s model, your bonuses would increase at least two to three times!”
Three years ago, Yan had divided the bank into two halves, with one half managed by Ke Kai in a standardized manner, and the other half run according to the old model.
This operation was intended to find a suitable way of transition and to prevent rapid transition that may cause these old ministers to turn against him.
But now he had the data to back up his approach, and he had no fear of their resistance!
Tong De Zhi exchanged glances with the other old men, “Young Master Han, who knows if these data are fraudulent? He’s an outsider, who knows who his allegiance lies with?”
Yan curved his lips into a faint smile, “Uncle Zhi, since you consider him as an outsider and distrust him, fine. From today onwards, Ke Kai will not touch the other half of the bank. Whether it’s management or income, you will take full responsibility for it for a year. Is that acceptable?”
Tong De Zhi and the others couldn’t help but let out grins, “Great! That’s great!”
Yan’s eyes turned cold, “Alright, let’s settle on this. Starting from tomorrow, Ke Kai will manage all the banks in South City, while you will manage all the banks in North City. Business operations and income will be your responsibility. All the dividends from South City will belong to me, while all the dividends from North City will belong to you!”
As soon as Yan finished speaking, the faces of the elderly men changed dramatically!