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The Ideal City
This is a work of fiction
Ep34
To what do I owe the pleasure
for you to come here in person?
Mr. Wang.
Mr. Zhao has decided
to merge all the T-subsidiaries.
Why?
Because
you've all been restless.
You made a scene after Huang's stroke
and after we rushed you to pay the late payment.
You, especially.
You were...
Why couldn't you just pay the money?
You just had to tell others
about the usury.
What did you mean?
You just wanted to tell people
that the Group is like a ruthless,
blood-sucking vampire, right?
So, Mr. Zhao got furious.
This morning,
he held a meeting
and made this decision.
How could I have told others about the usury?
Am I that stupid?
Other than you,
who knows that the money
came from a usurer?
Su Xiao
knows everything
about our cash flow.
She figured it out when Lu
sent her the money the other day.
So, she got the word out.
I don't know.
But no one in my company
would say a word about it.
I've told them already.
So, it must be her.
It makes sense.
After Huang got a stroke,
you created chaos
and almost got her demoted.
She must've resented you for that.
It's like
you've raised a viper.
Whatever.
I don't care.
Anyway, my conscience is clear.
It wasn't my business
before I knew about this.
Now that I do,
I'm on your side.
I won't watch you
becoming the scapegoat.
What are you gonna do?
I'll help you become
the general manager
of the merged company.
I will also get you
on the Board of Directors of the Group.
Are you joking?
I didn't come all the way here
to make a joke.
We come from the Wang family.
We're real brothers.
Why are you out here?
What's the emergency?
Lin Xiaomin came to me today.
He said that
he wanted to partner with us.
So, I think we can do it.
What do you think?
Say something.
You're doing it again.
You're not saying a word.
You know very well
what the Group is like now.
Wang Mingyu is up there.
So, Lin Xiaomin is still
not on the Board of Directors.
Wang Mingyu holds
more than 15% of the Group share.
Even Mr. Zhao doesn't dare
to mess with him.
Forming a partnership
with Lin Xiaomin
is meaningless for us.
Mr. Huang.
Mr. Huang.
There...
Your water.
What are you doing?
Over there.
It's because Lin Xiaomin
doesn't have supporters
that he can offer
such a large amount of money
to partner with us.
It was an empty promise.
He can offer as much money as he wants.
The Group is like a quagmire now.
Everyone who approaches it will get sucked in.
So, we just do nothing
and watch Mr. Zhao
take back TK?
What about my hard work in the past ten years?
Am I a nanny?
Why can't you think of it this way?
This merger
is the best chance for us to be independent.
Truth be told,
I am worried.
Isn't it too risky?
If it didn't work,
we wouldn't even have a Plan B.
Don't you worry about it!
I've set everything up.
I know
you're smart.
But Zhao Xiankun...
I've told you many times...
Uncle.
Just focus on your recovery.
When you fully recover,
TK will be ours, and ours only.
I'll go see Lin Xiaomin.
For what it's worth,
we need to be grateful
for his olive branch.
Yes.
We can't burn all the bridges.
Water.
Where is my water?
Article 41.
If the company restructures pursuant or introduces a major technological innovation,
changes its production or methods of business operation,
and after amending the labor contracts,
still needs to lay off the employees...
So, this means
an internal transfer is possible.
Technically, yes.
But it's a big deal.
If you propose it to Maria,
she'll be mad for sure.
She'll think you're overreaching.
I'll go talk to her.
Mr. Hu.
You're absolutely right.
Mr. Hu. Mr. Zhao.
Come.
Let's go to my office.
I admire that you want a fair competition.
But I need you
to win it.
You want to
win this position fair and square.
Have you thought about
what is waiting for you?
Try to talk nicely
when you see Maria.
I know you hate these things.
But Maria has a vote.
Look at Mr. Zhao.
It takes more than a good proposal
to win this thing.
I am confident.
Come in.
Maria.
Su Xiao.
Hope I didn't intrude.
Not at all.
Have a seat.
Coffee or tea?
It's alright.
I was working on the merger proposal.
And I want to consult you
on some HR questions.
No problem.
Go ahead.
I want to keep
the layoff rate under 5%
and offer others internal transfers. Is it feasible?
Internal transfer can be
very complicated.
We need consent from both parties
to proceed legally.
After the transfer,
they need to be retrained.
It would cost a lot.
Besides, the thing is that
there aren't that many
job positions in the Group.
Actually, in these overlapping
and large-scale mergers,
even a layoff rate between 20%
and 30% is normal.
There are many veterans
in these five subsidiaries.
They've been doing the same job for decades.
If they were laid off,
they wouldn't find a new job immediately.
We're laying them off legally.
We offer an "N+1" compensation package.
As for new jobs,
that depends on
their competence.
To be honest,
a lot of them are just
idling around at work
without making progress.
You can't expect
the entire Group
to develop with these dead weights.
I've worked at TC.
Many entry-level employees
might not be insightful
or have clear career plans.
But
with some training and guidance,
we can avoid that.
The Group is not their parent.
HR is not omnipotent.
Right?
But isn't it the HR's job
to redevelop
human resources?
Maria.
Are you satisfied with the current
HR development of the Group?
Su Xiao.
You just started to work in the Group.
You'll understand
a lot of things after learning
for a while.
First of all.
Make sure that Su Xiao becomes
the Chief Director of the reform team.
If Zhao Peng
got that position,
we could still make it work.
But it'd be troublesome.
I disagree with you.
Su Xiao is determined
and unimpressionable.
But Zhao Peng
will see which way the wind blows.
Once you give him enough profits,
he'll be on your side.
Zhao Peng is not a decent man.
I get angry every time I see him.
The current circumstance
is not in Su Xiao's favor.
But I can campaign for her.
You just work on bringing her back here.
Me? Bring her back?
Give me a break.
You two were together, right?
Just go charm her.
I'm telling you.
It's easy to cheer a lady up.
Get her some flowers, a bag,
and sweet-talk to her.
Tell her that you miss her and love her.
She'll be happy.
If she knew how to negotiate,
we wouldn't
be like this.
It was because
she was still too young.
She just got promoted.
Once she gets a taste
of power,
she'll never get enough of it.
I am listening. Go on.
Here's the thing.
Mr. Song
at my office...
You know him, right?
His daughter is three years older than you.
Yesterday,
his daughter had a child.
It was scary.
She went through hell
having the baby.
So, what I mean is that
you should get married to Xia Ming
and have a child as soon as possible.
Alright, I get it.
Mom.
I bought you some clothes.
Did you receive them?
Yes.
I forgot to open it.
Yeah.
That color
is just wonderful. Seriously.
Well...You...
Don't spend money on us!
Those are expensive.
Your dad and I
have more than
enough clothes already.
Don't buy clothes for us anymore.
They're not expensive.
Don't worry!
Do they fit?
Yes.
Of course.
You got them for me. They must fit!
They look great.
The color is special.
Sweetheart,
is everything alright with you and Xia Ming?
Yes, of course.
Don't worry!
Well. I need to work.
I gotta go.
Bye.
Wait. Sweetheart!
He's sleeping.
It's late.
You should go home to rest.
I'll give you a ride.
Are you alright?
Why?
Your uncle told me that
you and Ms. Su broke up.
Yeah.
It's fine. It's all in the past.
You don't look fine, though.
You can talk to me.
It'll make you feel better.
We are friends, aren't we?
Yeah.
There's nothing to talk about.
I hurt her.
Do you still love her?
If you do,
get her back.
It's too late.
I wasn't there
when she needed me.
Sorry, I didn't mean to
talk to you about it.
It's fine.
Thank you.
Go get some rest.
Okay.
If you wanna talk,
call me anytime.
I gotta go. Bye.
Bye.
Hello. Maria.
Morning, Mr. Lin.
Morning.
Your husband is so careless.
He's not worried
about you staying here alone.
If I had a wife
as pretty as you,
I'd lock you up in my house
and not let anyone see you.
I'll keep you to myself.
Great.
I'll dump him.
Will you marry me?
Of course!
I sure will!
Maria.
What do you say we find a place
and talk about this in depth?
Welcome. Here's your coffee.
Here.
Rose-flavored oat milk latte.
Romantic and delicate.
You will like it.
Go ahead.
What do you need from me?
Nothing.
I just think you're gorgeous today.
So, I want to take you out and show you off.
It's been four years,
and you just noticed how pretty I am?
I noticed your beauty long ago.
Maria.
When you first joined the Group,
I thought you were admirable.
You were always talking about
"People-oriented."
I was too scared to talk to you.
You spoke English half of the time.
I couldn't understand a word.
Back then, I thought,
"She is extraordinary.
Maybe she can help
bring something new
to our Group."
Now look at you!
You're one of them.
So, our Group doesn't really
have any remarkable powers,
except for its strong ability
to assimilate people.
However much of a character you are,
once you join the Group,
you'll become dull,
like all the others.
Mr. Lin.
You've been beating around the bush.
What do you want to say?
Then, I'll cut to the chase.
Maria.
Do you want to join me
and make some trouble?
Mr. Lin.
You're so eloquent.
If I were still
the young lady who just joined the Group,
I'd be fooled by your words.
Yeah.
I am assimilated.
But the best thing of being assimilated
is that I can see through
all of these
big talks and petty tricks.
You said all those things
just to get me
to vote for Su Xiao, right?
Well. A man will send a girl flowers
if he wants to pursue her.
Mr. Lin. You want to make trouble with me.
But you didn't bring me anything.
Maria.
If you want anything, just ask.
I will make it happen.
Really?
Of course.
Then, I need to think about it.
Okay.
You don't really
have anything I want.
Maria.
Think about it.
Mr. Xu, Mr. Wang,
Mr. Hu and Mr. Gao.
They helped Mr. Zhao
to build the Group.
They've forged a camaraderie.
And you?
Though you're Mr. Yu's wife,
you're still an outsider.
Do you think Mr. Zhao
is a kitty cat?
If you back the wrong horse,
there will be consequences.
The coffee is good.
This is for you.
This Anti-Blue-Light foundation
is all the rage lately.
You sit behind the computer every day.
This is the best for you.
Thank you.
The foundation
does look nice.
What would you like to order?
Let's wait for Mr. Wang and Mr. Zhao.
Who?
Wang Mingyu and Zhao Peng.
Why should I have a meal
with those two idiots?
Enjoy your meal.
I'll leave.
Hear me out, will you?
Your dad worked so hard
to get himself on the Board of Directors.
Who did he do that for?
For himself.
Who else? Me?
He stopped caring about me long ago.
Listen to me.
The Group going IPO
means there will be
an IPO Department.
You can
talk to Wang Mingyu today
and ask him to recommend you.
Then, in exchange,
you'll vote for Zhao Peng?
I've worked here for 6 months.
I know these tricks.
But to be honest,
these tricks
are so basic.
Tell you what.
Yu has specifically asked me
to get on well with
Wang Mingyu.
He is now
the second-largest shareholder of the Group.
Behave yourself
when he's here.
No insults!
You hear me?
I'll try my best.
They're here.
Hi, Mr. Wang.
You've been waiting?
No, we just arrived.
Sit.
Have a seat.
Have you ordered?
No. We were waiting for you.
The menu, please.
Mr, Zhou.
How much do you get paid per day?
3-400 yuan.
3-400 yuan?
We're only paid 160 yuan.
But our work is harder.
Did you sign a project contract with them
or an annual labor contract?
That depends.
A skilled worker
can sign an annual labor contract.
Will you be rewarded if you finish early?
We're just hoping we're not fined for late delivery.
Thank you.
No problem.
If we finish early,
we can go to the next site.
Then, we can make more money.
Will skilled workers be rewarded?
Skilled workers
get paid more than
others.
We just hope
the executives can discuss it.
The more rewards, the merrier.
Are you paid on time?
This construction site
is good.
Occasionally, it'll be 2-3 days late.
But in general,
they'll pay us on time.
Yinghai Group The Proposal of the T-Subsidiaries Merger
Okay.
Not bad.
Thanks, Mr. Wang
for your guidance.
Maria, Mr. Hu,
Mr. Xu and me.
You've got
four out of seven votes.
Even if Gao Jin, Lin Xiaomin,
and Mr. Zhao
all voted for Su Xiao,
it'd be useless.
But later,
you need to bring your A-game
so that their votes seem justified.
Rest assured.
Su Xiao.
Mr. Lin.
Do you need anything?
No.
I'm just here to boost your morale.
Thank you, Mr. Lin.
If... And I mean if...
If you lose,
don't be upset.
I'll propose
to make you the Deputy Chief
of the reform team.
Join the reform team first,
and then
I will help you
to replace the chief director.
Understood?
Why are you helping me, Mr. Lin?
For a simple reason.
I don't like those people.
Go get them!
It should be today.
Who do you think will win?
It's all the same to us.
The teams of the two biggest shareholders are having
a duel.
Aren't you curious at all?
Su Xiao.
What?
Impossible.
Zhao Peng will win.
I'll bet you 1,000 yuan.
Don't you think I dare?
All T-subsidiaries have
the same structure.
And the Group holds
the HR management control.
So, the merger is relatively easy.
Next,
I will focus on
the merger on the executive level.
After the merger,
the shareholder structure will remain the same.
The founder and the general managers
will hold the same amount of shares.
Two years ago,
when I first walked into TC, a subsidiary of
Yinghai Group,
my first impression was that
it was made of grassroots.
When I was sitting behind my desk
next to the toilet at TC,
I didn't think
I'd stay there for a long time there.
I couldn't have imagined
that I'll stand here today
and have a chance to compete with you
for the Chief Director of the reform team
in the Group.
I was once brought down by the hurdles.
But at last,
they helped me grow.
So,
opportunities and hurdles
are always coexisting.
I am truly grateful
that I can get on board
Yinghai Group
to brave the waves
and face the challenges
with all of the leaders and colleagues here.
What is the core issue of our Group?
At the first glimpse,
it's the issue of the late payment.
But in fact,
it's our profit model.
This issue
is not just an issue of the subsidiaries,
but an issue of the Group.
We need to find a solution
together.
Therefore, I think
this is not a simple merger,
but an asset restructuring.
The merger
shouldn't just involve
the restructuring
of money, labor, and property
of the five subsidiaries.
It should involve the restructuring
of the money we invest in the market.
It shouldn't just be
the restructuring
of the principal assets.
We should also consider
the restructuring of earning assets.
I have a question
for the two of you.
How soon can you
close the merger?
And what will the completion rate be?
It'll take about one year.
The completion rate...
Should be around 80%.
How did you get the number?
It's... It's based on...
Well...
Although they are
all subsidiaries,
these companies have different
managerial principles.
If I lead the merger,
I'll spend one year
on the merger of the main bodies.
Then, I'll spend half a year
on the merger of corporate cultures.
The merged company
will become the second EPC company of the Group.
I've got a question, too.
How many ongoing projects
does TH have?
And how are they doing?
There are three ongoing projects.
One residential,
one commercial piazza,
and one government project.
The commercial piazza
is the most loss-making.
I want to add something.
All the industrial analysts don't think
commercial projects have a future.
They think that residential is now more profitable.
But the commercial piazza of TH
doesn't have to worry about funding.
I'd done research and analysis
when I handed over
my work to Zhao Peng.
Any more questions?
Then, let's vote.
I vote for Su Xiao.
Me, too.
No wonder
you value Su Xiao so much.
She is indeed
an invaluable talent.
Su Xiao's proposal is great.
But it's more demanding.
So, it's harder to implement.
On contrary,
Zhao Peng's proposal is simple
but practical. And it's less risky.
I'll vote for Zhao Peng.
Who won?
Who won?
Who do you hope?
Su Xiao.
The way she talks to
Mr. Zhao
is so cool.
Who do you think will win?
Zhao Peng?
Our Group is hopeless.
That's true.
But you guessed wrong.
Su Xiao won?
Really?
Yeah.
You're not lying to me, are you?
No.
Great.
The Board of Directors appointed Su Xiao as the Chief Director of the reform team
How did you win?
I just told you.
I...
I'm still not getting it.
What are you not getting?
After the merger,
the GM
will become the VP of the Group, right?
After the merger, the new T-company
will be 60% of the scale
of our EPC company.
The GM will be VP of the Group for sure.
And he will most likely
get on the Board of Directors.
Well...
That's it then.
T-subsidiaries were in the charge of Mr. Wang.
Won't the merger
harm
his interest
to a great extent?
It's like
one more person
sharing the cake.
It won't affect Mr. Lin that much.
But still, there's one more person
sharing the cake.
Why didn't they object to this?
On the contrary,
they seemed quite on board.
There are seven people on the Board.
Mr. Gao is on Mr. Zhao's side.
Maria blows hot and cold.
We'll count her out.
The other three...
Mr. Hu is on Mr. Wang's side.
Mr. Xu
is on Mr. Wang's side
at critical times.
After all, those three
started a business together before.
But Mr. Lin
doesn't have any allies.
If the GM
of the merged company
is someone Mr. Lin backed,
and if that guy gets on the Board,
then Mr. Lin will always
have two votes.
What does it mean to have two votes
on the Board?
Think.
So, Mr. Wang thought the same?
Yeah.
If, after the merger,
the GM is someone
on Mr. Wang's side,
then he will always have
three votes,
enough for him to challenge Mr. Zhao.
They're not after
these temporary profits.
They're after the power to make decisions.
Once they have the power,
profits will follow.
I did underestimate her.
She's such a talent.
A talent
that's out of our control.
It's alright.
It's just the start.
Xu.
Do something.
Make Zhao Peng the Deputy Chief of the reform team.
I gotta go.
See you later.
Pan, morning!
Morning, Ms. Su.
Su Xiao.
Mr. Xu, morning!
Morning.
Have you decided on the list
of the reform team members?
Not yet.
Come in.
Mr. Xu.
Any suggestions?
I read it one more time.
It is great.
I should've
voted for you yesterday.
But I voted for Zhao Peng.
As to why...
I think you know.
I do.
I know you can see the bigger picture.
So, I recommend you to make Zhao Peng
the Deputy Chief of the reform team.
You should know why I am doing this.
I do.
But...
We need to
close the merger in a year.
Too much work, too little time.
I don't want too many
different voices in my team.
I understand your concerns.
But if there's only
one voice in a team...
Once you're off track,
it can be dangerous.
At the end of the day,
the reform team will report
to the Board of Directors.
More voices,
more support.
Well...
If Zhao Peng
is the Deputy Chief,
can I decide
on the other members?
You're the Chief Director.
You decide
who will be on your team.
I am merely suggesting
that Zhao Peng be the Deputy Chief.
You have the final say.
Okay.
No problem.
I'll do it.
These are from accounting.
These are from auditing.
Have a look.
Ask me if you have any questions.
I'll just take a browse
to get myself familiarized.
Didn't he say
you've got the final say?
Don't you know them?
They talk about democracy all the time
but their actions
suggest the opposite.
I just need to
make sure that
you and Xu Feng
are on the team.
Me?
Oh, right!
I haven't talked to you yet.
Do you wanna?
Of course!
But, am I capable?
Of course!
But Maria
won't agree to this.
She's been suspecting that
I was badmouthing her before Mr. Zhao.
She's got a problem with me now.
I'll work on her.
But meanwhile,
be more careful.
Don't let others
get the goods on you.
Tina.
Where's Helen?
I don't know.
You don't know?
Why is there no one knowing
where she is?
I think she's on the 20th floor.
She goes there all the time.
Maria, did you ask for me?
Why are you never at your desk?
I was sending the HR files to Ms. Su.
I'll go back.
Okay.
Su Xiao?
What brings you here?
I came here to see you.
May I help you?
Let's go to my office.
Okay.
I saw from the corporate BBS
that you were appointed
as the Chief Director of the reform team.
What does
the team do?
We're in charge of the merger of T-subsidiaries.
Mr. Zhao has finally decided
to do that.
I came here
to invite you
to join my team.
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