How can I justify myself as a Magnate if I don't indulge myself?

Upon hearing Gu Heng's words, the many executives first were stunned, then they couldn't hide their excitement...

For outsiders, the term "corporate group" might not seem all that impressive; currently, there are companies out there whose combined output might not even exceed one million, and yet they declare themselves to be some kind of group.

But IDE Capital was different...

Insiders knew their own affairs...

They were all very clear that Mr. Gu's company wasn't founded for small-time business...

Visionary Company only needed one project to invest tens of billions; could that be just for fun?

Moreover, Gu Heng just mentioned two things, one being an investment of 30 billion, and the other being the corporate restructuring into a group...

Regarding the figure of 30 billion, they were shocked, of course, but to speak frankly, it was just so, after all, not to mention 30 billion, even 300 billion, that was Gu Heng's money and had nothing to do with them...

But!

The corporate restructuring into a group had everything to do with their own interests...

Once the company restructured into a group, these company veterans sitting here, as long as they had a chance to stay in the headquarters, would definitely all get a promotion.

Establishing a group company, regulations varied from place to place. For national-level groups, you need to have 5 subsidiaries, and even for provincial-level groups, you need to have 3 subsidiaries.

Take Tu Yong, the current general manager of the company, for example.

If, after the restructuring, he remained the general manager of IDE Capital, his position might not change, but his rank would be lowered by one level.

If one could become the general manager of the headquarters, then that was like being promoted.

In simple terms, the "plate" was bigger, and there were more interests involved.

When Gu Heng previously mentioned investing 20 billion in the second half of the year in front of the partners of the top ten law firms, these executives didn't quite take it seriously, after all, that was 20 billion, not a mere two hundred, how could it be so easily taken out?

The fact that Gu Heng could afford to care more about the company, showing it was not for fun, was enough to make them happy.

But unexpectedly, Gu Heng was so ruthless that the promised investment for the second half of the year was to be fulfilled just two days after, and in addition, he increased it by 50% on top of the 200 billion, amounting to 30 billion...

No one doubted that Gu Heng was joking.

Today wasn't April Fool's Day.

Although Gu Heng did not seem like a reliable boss, he certainly wouldn't be so foolish as to gather all the company executives together just for a dull joke.

The more they thought about it, the more excited their hearts became, and they started to whisper and discuss among themselves.

Gu Heng just looked at them and smiled without stopping them, quietly lighting a cigarette to watch them debate.

Everyone seeks profits from all over the world, everyone is bustling for profits.

What were these people looking for when they joined his company?

Wasn't it both fame and fortune?

Gu Heng wasn't so anti-human that he would stop them from getting excited.

Until a few minutes had passed, Gu Heng finished the last puff of the cigarette, carelessly threw the butt on the ground, stepped on it without any courtesy, and looked at his still excited employees, realizing that if he didn't stop them, they could probably chat for two or three hours, he raised his hand and interrupted their discussion.

Seeing Gu Heng's gesture, the crowd curbed their excitement and looked eagerly at Gu Heng, waiting for what he would say next.

"First of all, the corporate restructuring into a group is just one project, at the moment it's just a proposal, and I hope the planning department can come up with a plan.

Currently, the company only has one project, and I believe you are all aware of it: the 'Yangcheng International Race Track project.' Based on this project as the foundation, we will register a company called IDE Construction Development Company, spin off the project into this subsidiary, and all future investment in the construction industry will be handled by this company.

In addition, I plan to establish another new subsidiary, tentatively named IDE Energy Company. The first project of this company is of utmost importance, which I will explain in detail later.

As for the rest...

You all know that if the company plans to become a group, it can't continue to operate in a single-business model; it must involve various industries.

I plan to set up 5 to 7 subsidiaries. Currently, IDE Construction Development Company and IDE Energy Company account for two; the rest is up to you to decide. If you think an industry has potential, then speak freely and come up with a comprehensive proposal, and we will call an executive meeting to vote and decide later."

As soon as he finished speaking, these people eagerly started voicing their opinions one after another.

"Foreign trade! As an international conglomerate, foreign trade is absolutely a crucial component!"

"How about the education industry? Although the profits in this industry are low due to national policies, it can greatly aid the company's development, and the policy pressure won't last forever. Once the policies relax, if we are prepared, it's very likely that we will be able to secure a position in this major industry..."

"I think healthcare could also be an option..."

"The film and television industry could also work..."

The large conference room turned into a noisy marketplace, with these executives almost shouting out loud, leaving the ordinary employees outside the meeting room bewildered, all wondering what had happened inside to make the leaders so stirred up?

It's no wonder they were excited...

As people poached by headhunting companies, these executives were involved in various industries before...

Now that the company was looking to expand its business, they, of course, had to present their strengths. Once a proposal was adopted by Gu Heng, as the initiator who also had industry experience, it was possible they might be put in charge of a new subsidiary...