Luckily, one day later, Fu Guangzheng agreed to be the President of Taihua Holdings, and Wu Chih-gang will be the CEO. With Fu Guangzheng taking over, Liu Chuanzhi and Zong Qingxian can retire together.
Jiang Wanmeng, Xu Lihua, Li Dafu, Yang Yuanqing, and the rest are only in their fifties and can work for another 10 years. After 10 years, a new batch of top management will be trained.
The rest of the companies also have suitable successors. Feng Yu and the rest had chosen them for a one-year probation period. During the probation period, they will only get salaries and will not get any shares. They will also not be allowed to enter the board of directors of Taihua Holdings.
Feng Yu had agreed to some of those who had applied to be consultants, and the rest were rejected. Feng Yu called those who had been rejected and asked them to wait for another two years.
Feng Yu can't stop those in their sixties who want to retire. But those in their fifties who are healthy can wait for a while longer.
If Feng Yu does not want to be too tired, he can give his deputies more authority. But they still need to control the direction of the company. Until they nurtured someone capable and able to control the situation, that was the only way.
Taihua Holdings's top management changes had also caused some changes in Wind and Rain Holdings. Those subsidiaries are still fine. Many of them are young people, and some of them are even younger than Feng Yu.
But Masao Kameda, Heitaro Nakajima, and the rest are getting old, and they do not have much energy. Heitaro Nakajima was the first to speak to Feng Yu. He will be the director and consultant of Wind and Rain Holdings. He will resign from his position as Vice President of Wind and Rain Holdings and the Chairman of Aiwa. The Chairman position of Aiwa will be given to his deputy. His most important third son will be the Chairman of the company.
Masao Kameda also does not want to be the Chairman of Wind and Rain Holdings. He recommended Amazon's Bezos for this position. Bezos agreed to serve for five years, but after that, he planned to semi-retire, so it could be considered a smooth transition.
Actually, Feng Yu didn't want Bezos to hold this position for a long time because he didn't trust him enough. Although Masao Kameda was Japanese, his admiration for Feng Yu came from the inside out.
Ralph was also trained by Feng Yu, so Feng Yu knew him very well. Fortunately, some of the middle-level managers that he had nurtured could now move up to higher positions. Five years later, he would just need to replace Hua Xia with Ralph.
But as long as Feng Yu was still alive, the company would not fall into chaos. No one could overthrow Feng Yu's authority. Even if Feng Yu retired or didn't send out any news for a long time, it didn't matter.
With Feng Yu around, investors have 100% confidence in Feng Yu's company. This is because Feng Yu's investments never suffer losses! In the short term, there might be losses, but in the long term, there will be profits.
As long as Feng Yu is alive, there will be many people waving cheques and cash to invest in Feng Yu's company. But most of them don't have this opportunity.
Some listed companies' shares had been rising, and they couldn't afford to buy them. Also, many companies did not even get listed. There were even some companies that performed very well that were suddenly delisted.
Many investors had used various media to pressure Feng Yu's subsidiaries, saying that these companies should be listed and be monitored by the public. But Feng Yu ignored them.
Why don't your military factories get listed and be monitored by the public? Furthermore, will listed companies be fine? There were many bankrupt listed companies. Many investors were deceived and suffered heavy losses.
Furthermore, my company does not lack funds. Why must it be listed? Which law stipulated that companies must be listed?
The top management of Wind and Rain Holdings was replaced within a few months, and they only announced it on the company's website. Although these two holding companies were not listed, they wanted to let everyone know that their top management had been replaced, and those who want to cooperate with them should not be looking for the wrong people.
During this period, Feng Yu had been flying around the world to check on his subsidiaries and make new investments. But most importantly, he had to come up with a long-term development strategy with his subsidiaries.
For example, Amazon. Feng Yu wants its sales and profits to increase, the number of its members to increase, and the scope of its business. Of course, this is a range, and it can be more or less based on the market environment and competitors.
But Wind and Rain Holdings and Tai Hua Holdings are not allowed to expand blindly and are not allowed to issue additional shares to expand. They are also not allowed to violate international laws and are not allowed to compete with Wind and Rain Holdings and Tai Hua Holdings!
Healthy competition is not a problem. For example, Amazon, Google, Alibaba, NetEase, Tencent, and other IT companies are developing cloud technologies, and they have formed a small group to authorize each other's patents. At the same time, they are also competing with each other to make other companies lose their competitiveness.
No other group can compete with them in terms of technology, funds, or brand. Many people were saying that Feng Yu had the most say in the IT industry. In the future, he might even have more than half of the say in the IT industry. He had monopolized this industry!
But this is only a prediction. So what if it is true? Based on the laws of various countries, if a company violates the monopoly laws, it will be punished and forced to break up the company. But Feng Yu's subsidiaries are independent, and how can they break up the company?
As long as Feng Yu does not use his monopoly position to exclude his competitors, there will be no problems. Which one of Feng Yu's companies does not have competitors?
Some of the competitors are even stronger than Feng Yu's companies. But these competitors belong to different investors, and the major shareholder of these companies is Feng Yu.
There is no rule that companies cannot form strategic alliances. Microsoft and Intel are allies, and Sony and other companies are also in an alliance. Did Microsoft get punished for this?
As long as Feng Yu's subsidiaries do not go overboard, there will not be any problems. What Feng Yu wants is for these subsidiaries to have a certain amount of market share growth every year. Even if there is no growth, there must not be a significant decline in the market share.
The industry leader must maintain his position as the leader. Those who are not the leader must think of ways to become the leader. The higher management of these companies are not only representing themselves or Feng Yu. They also represent the other investors and employees of these subsidiaries.
Companies can be labeled as individuals. For example, Lenovo and Liu Chuanzhi, Wahaha and Zong Qingxian. But no company belongs to a single person. If a company makes more money, the people who contribute to the company should also make more money.
Feng Yu told everyone that the most important thing is the concept and technology. They must think from the consumer's point of view and understand what the consumer wants. They must do their best to get the consumer's approval.
As long as they persist, the future will still be in their hands!
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