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The Ideal City
This is a work of fiction.
Ep33
Our profit rate
is just above eight percent.
We also have to
pay the group.
We're operating at a loss.
Why is the profit rate so low?
Is there anything wrong
with project management?
Don't get me started on
project management.
I'm not as good
in budgeting
or winning big projects
as Xia Ming.
I'm just outside.
I'll be there soon.
Mr. Wang.
Hu.
Su Xiao.
How many companies' late payments have you received?
I'm still communicating.
Still communicating.
It won't work.
It's way too inefficient.
Mr. Wang.
I visited TZ
and YT Construction in the past few days.
They do
have real difficulties.
Them?
They have difficulties every day.
I've been dealing with them
for so long.
I know them too well.
It's just because you're a woman.
They pull a sad face and try to get your empathy.
Don't get tricked
by their
window dressing.
You have to be tough when necessary.
The president thinks so highly of you.
He promoted you in a row.
Everyone in the group is watching you.
Mingyu.
You have to achieve something soon.
Alright. Back to work.
Hello.
Zheng called
me again just now.
He was like a whiner
and kept complaining.
What's the matter with him now?
What else can he do? Just complaining.
He said that after you went to Su Xiao,
she not only didn't bend the rules,
but became pushier.
She went to the company and asked for money.
What should we do?
I have no control over Su Xiao.
If you want to do so,
you will surely find a way.
Tell me the truth.
Did you really
fan the flames?
Don't think about this.
If he calls again.
tell him to talk to me directly.
Ming.
I'm just worried.
If it goes on like this,
the conflict between the group
and the T-subsidiaries
will be bigger.
What should we do at that time?
It will only be easier.
It will reach a tipping point.
Tipping point?
What are you planning now?
You don't even tell me about it.
It's just the beginning.
Don't worry about it.
Did you really hold their
letters of resignation?
I'm not holding these.
They willingly gave the letters to me.
They just want to make a scene.
They're all leaders of companies.
They're degenerating.
They kick up a row
whenever something happens.
It's absurd.
I'll keep the letters for now.
They need to reflect upon themselves properly.
What's the matter?
I just want to borrow three million
for the turnover of capital.
It's just two months.
After the payment of All Stars Plaza Project is received,
I will have the money.
It's not about the time.
It's just that we are
having difficulties.
I'll try and ask the finance department
and see if they can
squeeze the money out for you.
Why don't you get inside?
I'm smoking.
Time flies.
It's been over half a year.
It's too slow.
I wish to sleep
until the end of April.
I'm so worried.
Every morning when I open my eyes,
I have to worry about money.
Hold on.
Do you have any connections?
I don't need much. Three million.
I'll repay the group first.
We can stall the group.
I don't want to.
I don't want to stall
the group the most.
I'll ask Cui about it for you.
What's the interest rate?
At least 24 percent.
Damn.
I'll talk to him and see
if he can give you a discount.
Do you think
that you're in a market?
A discount?
Just tell him
that you offer him a discount
because of me.
16 percent.
I'll pay you the other eight percent.
But what for?
He's nobody to you.
Come on.
Are you in or not? Just tell me.
I'm in.
Don't get me wrong, Mr. He.
I'm not forcing you.
I just want to work out
a solution to the problem with you.
It's alright if you don't have money at the moment.
Just tell me
when do you think
you will have money?
I'll report it to Mr. Xu
and give you a special permit.
Have the other subsidiaries paid?
Why do you only rush me?
Come in.
Ms. Su.
Zhengming.
We haven't met for a long time.
It's a long time, indeed.
I heard that you got promoted.
Congratulations.
Thank you.
Take a seat.
It's alright. Please don't bother.
Are you free this evening?
Let's invite
Du Juan and Dong Lin
to celebrate you.
Thanks.
Have some water.
Thanks.
Sit.
Next time.
I'm here today
for the repayment.
I have to go back after this.
The repayment?
Yeah.
It's the three million from last year's audit.
What's the matter?
I thought about your cash flow.
Most of the payments from other projects
are invested
in the All Stars Project.
The rest of the money
is scarcely enough for daily operations.
To repay three million
is very difficult for you.
Where did you get the money?
Well...
The money...
Mr. Wang borrowed the money.
When I left,
the liabilities to assets ratio
was almost 80 percent.
You can't get a loan from banks.
Loan sharks?
Ms. Su.
You have no idea.
Since you left,
Mr. Wang's temper
got worse.
He scolds us frequently.
Alright, I see.
Let's go through the procedures.
Mr. Wang.
How was it?
It's done.
Then why do you look like this?
It's just...
She knew that we borrowed
the money from a loan shark
but still accepted it.
Why did you tell her?
What were you thinking?
She calculated it by herself.
She's so clever.
She got it right immediately.
And she accepted it.
She's a leader in the group now.
She's no longer
our colleague at TC Construction.
She has to implement the management
system of the group.
She's with the group now.
She can't stand with us
just like before.
Go back to work.
Come on.
Cheers.
Why haven't they arrived?
Two bottles of beer, please.
Let's sit over here.
Come on.
Ten more skewers, please.
Let me have a look.
Nice. Let's take another one.
Peanuts, please.
Alright.
Let me see. Hand heart.
One, two, three.
Take a look.
I think the camera on your phone isn't good enough.
Use mine.
What's the matter?
Is there anything on my face?
No.
I think
you bounced back really quickly.
OK. Look over here.
Alright.
OK.
I've thought it through.
I can't be someone
like Zhao Peng anyway.
I'll just be myself.
That's the right thing to think.
Anyways, the president is on your side.
Don't be afraid.
The president can't do everything.
Sometimes I really envy you.
You have a peaceful
and steady life.
I don't have that kind of life at all.
Of course, you do.
You have a stable job and a stable relationship.
It's been so many years,
Bei never
left you.
I don't want to talk about him.
What's wrong?
Is he not treating you right?
It's not like that. He treats me well.
When do you plan to host a wedding ceremony?
I've been wanting to be your bridesmaid for a long time.
We'll see about
the wedding ceremony.
Come on. Cheers.
Cheers.
What's wrong?
I tell you about everything.
You don't tell me about anything.
It's not like that.
My problems
are just trivial matters.
Your problems
are all earth-shattering.
What stuff can I say?
If you don't tell me,
I'll call Bei myself.
OK.
I'll tell you.
- Cheers. - Cheers.
Two drinks, waitress.
Room temperature.
Alright.
OK. Just a minute.
Sir...
I just think
that it's a bit embarrassing to talk about.
Just tell me.
Zhang Xiaobei wants to buy
a flat in Shanghai like crazy.
He told me to ask my mom
for the money I entrusted her with.
My mom...
I asked her for the money.
Do you know what she did with the money?
She told me nothing before buying
a flat for my brother.
She didn't even tell me about it.
I went back and told Bei about it.
Bei got angry with me.
Waiter.
Where are my tripes?
I'm dealing with both of them.
Come on.
Haven't you served the stripes for that table?
Is that it?
What's embarrassing about it?
It's kinda not cooked.
We don't have coriander.
Dip it again.
Leave it for 30 seconds.
Payee: Wu Hongmei, 300,000RMB
Successful Transaction
Come on. Cheers.
Cheers.
Cheers.
Your account has received 300,000 RMB from Su Xiao
Xiao.
I didn't mean that.
Why did you do this?
But I do mean it.
No.
You haven't bought a flat.
I'll send it back.
Don't thank me.
It's a bit spicy. Drink more water.
When I was in the worst situation,
you were always there for me.
You've been dealing
with difficulties alone for such a long time.
I knew it just now.
As your good friend,
I'm too careless.
Bro, where's the beer?
Sorry.
Why are you apologizing?
You did nothing wrong to me.
I mean it.
I should've cared more about you.
I hope it's not too late now.
Thank you, Xiao.
My phone is broken.
How?
I can't turn it on.
Take a look.
Put it in the fridge.
Freeze it for a while and it'll work.
Why should I freeze it?
Come on.
Take a look.
You can turn it on.
What's the problem?
It sounds okay.
What's the problem?
It's good.
Your eyesight is the problem.
What's the matter with my eyesight?
But...
Where did you get the 300,000?
I stole and robbed.
Come on, just tell me.
Xiao lent it to me.
She told me not to worry about the repayment soon.
Then we can buy a flat, right?
Yeah.
Wife.
My wife.
It's so great.
Come on.
It's so...
It's so great.
Bank Receipt
Good.
You finally made some progress.
After we get the money from one company,
it'll be easier to deal with others.
Su Xiao, you have to strike while the iron is hot.
They just don't want to repay
even if they have money.
Look. If you push them a bit,
you can get the money.
It's not like that.
TC Construction borrowed
the three million from a loan shark.
Really?
Yeah.
Why did you accept it?
Good for you, Su Xiao.
We follow the procedures.
Where the money comes from
is not our business.
Outrageous.
What's wrong?
What's the problem?
Can you keep your voice down?
Let's have lunch first.
What are you doing?
Come on. Excuse me.
Coming.
Two large meatballs.
Thanks. Get me a pair of chopsticks.
My favorite...
Let's sit over here.
OK.
No.
I have to talk to the president.
When will he come back?
What do you want to talk about?
She even forced him to borrow
from a loan shark.
Can't I talk about it?
What did she do?
Moreover, she was promoted
by Wang Yang.
I'll tell him about this, okay?
Don't go to the president directly
whenever something happens.
The president will think less of you.
Do you know that?
Him?
I think less of him, too.
Look at the person he promoted.
She loused the group up.
Human touch doesn't
exist in our group at all.
Yeah.
I didn't feel it before.
Indeed.
She's ungrateful.
She's so cruel.
No wonder no one likes her.
Why do I kinda hear that people are
gossiping about Xiao?
Don't you know?
For KPI, Su Xiao
forced her former boss
to borrow money from a loan shark.
What? It's can't be.
Xiao is not like this at all.
Why would I lie to you?
She disowns all her friends and supporters.
I think the terms of the Valuation Adjustment Mechanism Agreement
of the investment bank
we talked to today are too strict.
Did the board give us a reply?
Yes.
It shouldn't be a big problem for Mr. He
to join the board.
However,
he is very keen
on an initial public offering.
He's a capitalist.
Of course, he is keen on going public.
To restart the IPO process
requires a lot of work indeed.
What should we do first
in your opinion?
Asset restructuring.
Let's merge good assets
and spin-off bad ones.
Is one year enough for the preparation?
I'm not sure
about the T-subsidiaries.
Hello. Hu.
I'm still in Singapore.
My flight will take off tomorrow morning.
What's wrong?
OK.
I see.
What happened?
Su Xiao didn't deal with it well, indeed.
But the T-subsidiaries have bigger problems.
They just won't give us the money no matter what we say.
President.
It's time that we have to rectify
the problems of the T-subsidiaries.
How?
The problems of the T-subsidiaries
are the problems of the people working in them.
I suggest a management shake-up.
Although TK Construction
is often out of line,
their performance is excellent.
Now that Xia Ming replaces Huang Lilin,
the situation might be better.
Let's leave them there for now
and observe them for a while.
Let's not touch TC Construction, either.
There're problems with Wang Yang too,
but none of them are severe.
It's just that he is always influenced
by those three guys.
I can talk to him about it.
However,
We have to change
the leaders
in TZ, TT, and TH Construction.
I have come up with some candidates.
Wu Yongfu from the Yunnan branch,
Wang Yue from the Dalian branch,
and Yang Bin from the Henan branch,
all have strong skills
and impeccable personality.
President.
I know that you're benevolent and righteous.
You still think about the contributions
of those three guys in the past.
But they have changed already.
Whenever the group
displeases them,
they make a scene.
When Huang Lilin suffered a stroke,
they also made trouble
and demanded to be treated equally.
How?
Are their
contributions as big as that of Huang Lilin?
We gave them all the chances we could have given.
They just have to keep making mistakes.
Then we can't help them anymore.
I'll think about it.
Alright.
Think about it more.
Mr. Wang.
Su.
Su,
you have to be flexible.
It's good to strictly
follow the rules,
but don't
be ruthless.
The group isn't a cold machine.
It's a warm and loving family.
Understood?
In the future, if you
don't know
how to solve a problem,
you can ask Mr. Xu
or me.
I see.
Thank you for the reminder, Mr. Wang.
Go on.
The president is waiting for you.
One more thing, Su.
The president just came back from a business trip.
The journey was tiring.
Make it short.
Don't make him too tired.
OK. I see.
Tell me.
Why did you fall
in the same hole twice?
I let out the news that TC Construction borrowed money
from a loan shark.
Why?
Because I don't want to wait for an opportunity.
I want to create an opportunity.
I made a proposal
to convert debts into loans.
The aim was to solve the problem
of the late payments of the T-subsidiaries.
But Mr. Gao said that
it wasn't the right time
and that I had to wait.
So I waited.
But I only received news that Mr. Wang
borrowed from a loan shark to repay the group.
I can wait.
You can also wait, president.
The group can wait, too.
But what about the T-subsidiaries?
Can they afford to wait until the next time?
Can they see the day
that the group faces up to their problems?
If the T-subsidiaries have real problems,
they can tell the group.
The channel is always there.
They did.
Mr. Huang said
that TK Construction invested
all the money in the All Stars Plaza.
They have financial pressure at the moment
and can't repay the money for now.
But Mr. Xu said
that we only follow the rules.
If the T-subsidiaries owe money,
they have to repay.
As for where the money comes from,
it's not our business.
They said
that the T-subsidiaries can't attract talents.
All the talents are assigned to the group,
the EPC company
and the real estate company
by the HR department.
But Maria said
the right to appoint staff lies with the group.
Therefore, they have to obey.
They also said
that the companies are small and it's difficult to get loans.
They hoped that the group would give them loans.
But the investment department
said that they have KPIs too.
If they lend money to other companies,
the annual interest rate will be eleven percent.
Why would they lend it to the subsidiaries
with an interest rate of eight percent?
They've been saying these all the time.
But no one listened and no one cared.
When they can't communicate, they can only disobey.
President.
I'm not saying
that it's right for the T-subsidiaries
to confront the group.
I'm saying
that the fact that the T-subsidiaries
and the group end up
in estrangement like this
can't just be
the subsidiaries' fault, right?
The group is also responsible, right?
Did Mr. Wang Mingyu
perform his duty
in managing the subsidiaries as a vice president?
I came across him outside just now.
I really agree
with one thing that he said.
He said that Yinghai Group
is a warm and loving family.
I agree with this too.
I've been implementing it all the time.
I know that the T-subsidiaries have difficulties.
But to know about it
and to do something about it are two different things.
To achieve the desired result,
we need the right person
to use the right approach.
One thing you just said
was absolutely correct.
Instead of waiting for an opportunity,
it's better to create one.
Now is the time
that you prove
that you are worth more than eight million.
Su Xiao.
Are you willing to take this challenge?
You don't have to answer me now.
You have to think clearly.
It will be a difficult and painstaking task.
Even if you manage it,
you might not receive compliments.
Do you accept it?
I don't.
Everyone says
that my promotion was rigged.
President, if you directly
appoint me again this time,
they will think
that I pulled the strings again.
The group needs
open and transparent rules
to tell everyone
what is right for the group.
I see.
I admire you for wanting fair competition.
But I require that you
have the determination to win.
You want to win
within open and transparent rules.
But have you thought about
what you need to deal with?
I have the confidence.
I'm not picking on her.
She's just a little girl.
I just think that she is young
and not considerate.
Think about this, Hu.
If Wang Yang didn't say it,
who would have known
that they borrowed the money from a loan shark?
If you say it like that,
he did it on purpose.
Whether he meant it or not,
we have to rectify the problems
of the T-subsidiaries.
Right.
It's time.
They consider themselves as senior staff.
They take advantage of every loophole they find
and dare to get into any trouble.
If we don't take action now,
I fear that things will go very wrong.
How to rectify these?
The problems of the T-subsidiaries
are the problems of the people working in them.
In my opinion, we are in urgent need
of a management shake-up.
We need to appoint new managers.
Mere personnel changes
might not be enough
to solve the problems of the T-subsidiaries.
My idea is
to merge the T-subsidiaries.
You can see
a bigger picture, president.
A merger is a good solution.
I agree.
Right.
The industry's ecosystem has changed.
The projects are getting bigger.
Small companies don't have opportunities.
Only through a merger can small companies
become more competitive.
Most importantly, after the merger,
we can get rid of the prickheads
in the T-subsidiaries.
Right.
I've had enough of them.
Zhiping.
What do you think?
The T-subsidiaries have different developments,
management skills,
and the competency of employees.
It's really risky to merge
the five of them into one.
These aren't the problems.
If they have different developments,
the stronger subsidiaries can help the weaker ones.
In terms of management,
we don't have to promote
someone from the T-subsidiaries.
We can sed someone
from the EPC company or the real-estate company.
The competency of employees
is way less significant.
We can reduce
at least 20 percent
of the staff after the merger.
It will also alleviate burdens on the group.
If no one objects,
this is
settled, then.
Who will be in charge of the merger?
Mr. Wang.
You already know the answer.
Zhao Peng is in charge of the T-subsidiaries.
It must be him.
Su Xiao can do it, too.
She used to work in a T-subsidiary.
She knows the situation there.
Let them have a fair competition.
Xu.
The merger is such an important matter,
Why didn't you
tell me in advance?
I also knew it just now.
Nonsense.
You're in charge of mergers, rectification, and restructuring.
How is it possible that the president
didn't discuss it with you?
I really had no idea.
The president didn't tell me in advance, either.
Did he do it on the spur of the moment?
No, he didn't.
He did it for good reasons.
The loan shark.
Wang Yang borrowed money to repay the group
and told others that it's from a loan shark.
Therefore, he was cooperating
with the president.
Come in.
Mr. Wang.
Look.
I'm in charge of the T-subsidiaries.
I should be responsible for
the merger of these companies.
Why would I have a fair competition
with Su Xiao for this chance?
Are you afraid of her?
But...
It's not that I'm afraid of her.
But it doesn't make sense.
What...
What's this?
Su Xiao carried out a restructuring
when she was in TC Construction.
This is the proposal she made back then.
Take a close look at it.
She's not bad.
It's alright.
You have to become the leader
of the merging team.
The president will surely
be on Su Xiao's side.
Don't worry about that.
This time, the leaders
will vote.
I will tell you in advance
about the votes
we can secure.
You have to keep good relations
with them recently.
Understood?
This is a rare chance.
You have to seize it.
The moment the T-subsidiaries merge successfully,
you will be respected
throughout the group.
After Xu retires,
you will get his position.
I will try my best.
Your phone.
One more thing.
You have to be friends
with that assistant, He.
His dad is about
to become a member of the board.
Do you mean
that young assistant who flirts all day long?
Yes.
Does he have such strong connections?
It's about capitalists.
I didn't expect that the president would merge at the expense
of the control of the group.
What do you think the merger is for?
It's just about
recapitalization and the shifting of power.
It's a time of change.
Anything can happen.
What's important
is that we have to steady ourselves.
Otherwise, we may
lose power after the shifting.
Be gentle.
Come in.
Huang.
Are you feeling better?
Who is it?
Lin Xiaomin.
Enough.
Roll me over.
Mr. Lin. You're a rare visitor.
What brought you here?
Up.
I want to talk to you.
Slow down.
OK.
What's the matter?
Eat an antihypertensive pill first, okay?
Then I'll tell you.
What's the matter?
Is it so serious?
Right now, I'm eating more pills
than food every day.
I've been in peace for a while
and won't get agitated.
Alright.
The group has decided to merge the T-subsidiaries.
What the hell?
- Back then... - The pills.
Later.
It's alright.
Back then...
Calm down.
We agreed.
Don't get agitated.
We make our own management decisions
and take full responsibility.
Can you let me finish first?
It's not a bad thing.
It's good.
This is going too far.
The general manager of the merged
T-subsidiaries
will surely become the vice president of the group.
With help,
he or she will also join the board.
The current candidates
aren't qualified at all.
None of them reaches my standards.
After thinking,
I realized that only your nephew will fit the role.
Therefore, I'm here today
to talk to you about cooperation.
How?
It's simple.
You help me and I help you, too.
The old farts in the group get paid
without doing any work.
They've been eyesores to me for a while.
But I'm alone.
I can't beat them.
If your nephew is willing
to cooperate with me,
we can go all out.
Let's take down Wang Mingyu first.
I'm not very interested
in construction.
You will also be in charge of the EPC company
when the time comes.
What do you think?
I have to talk
to Xia Ming about this.
Alright.
Have a good conversation
and give me an answer soon.
Thanks.
It's alright.
Sun, serve water.
It's alright.
Please don't bother.
Make tea.
It's alright. I'm leaving.
Well...
Is Su Xiao still bothering
your nephew?
No.
They broke up.
Done.
Then just tell him
to get a hold
of Su Xiao again.
Zhao Peng and Su Xiao
are going to openly compete for the leader
of the merger team.
Understood?
Yes.
I see.
What brings
you here?
I passed by.
I was just thinking that it's been
a long while since I visited last time.
This way.
Have a seat.
Wen.
Tell Du Juan to make two cups of coffee.
I don't drink coffee.
Let's drink tea.
The best tea.
Come on.
Why are you so happy?
Just tell me.
Why are you here?
Can't I drop by?
Are you joking?
The group is so far away.
Drop by? How?
Just tell me.
What brought you here,
Mr. Ultra Busy?
Mr. Wang.
The president decided to
merge the T-subsidiaries.
Why?
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