Some of the senior executives, who were capable but were unable to showcase their talents due to nepotism among the sub-branches of the Leng family, received the best adjustments during this meeting.
It did not matter why these people had suddenly decided to turn against Leng Jinchen. Even if it was because of benefits, it could be said that they had good foresight.
In business investment, foresight was also a crucial skill to have.
After reallocating the remaining senior executives, the vacant positions would be decided upon by the CEO, Luo Cheng, and the director of the Human Resources Department. Their current job was to joint-select the vice president and other executives from Leng Group’s talent pool.
All that was left were the things that had to be dealt with in the next two days.
“Chairman, we’ve already secured the land at Eastern Gaoke yesterday. The original plan was to build another branch of Meimei Department Store there. Should we proceed with the original plan?”
“Land Plot A?” Leng Qirui looked at the two marks on his computer. This was the plot of land that Leng Group had recently spent a lot of money on.
“Yes.”
“This is a piece of commercial land. The two floors below can be used for super large supermarkets, and the floors above will be office buildings. After they’re built, don’t sell them. Rent them out instead.”
As soon as Leng Qirui finished speaking, not only did the expressions of the company’s new executives change, but even the expression of the new CEO, Luo Cheng, changed.
“Chairman, ever since Tianheng Holdings entered the country two years ago, consumers nowadays are very fond of top-tier brands. As a result, our Meimei Department Store has gotten quite popular and it is currently one of the main sources of Leng Group’s revenues. Eastern Gaoke lacks big malls that carry top-tier brands. If we build a branch of Meimei Department Store there, my business will surely bloom. As for this matter, it was the old chairman who made that decision in the first place.”
Grandpa Leng was currently sitting in the meeting room and listening to the contents of the meeting. When he heard his name, Grandma Leng spoke up before he could say anything.
“My grandson is the current chairman, so do what my grandson says! After all, the old chairman is nothing but old, and he won’t be able to keep up with the times. Since we’ve given the company to our grandson, we should listen and work in accordance to the new chairman’s plan!”
Grandma Leng did not stand on ceremony with Grandpa Leng, but Grandpa Leng nodded obediently. “That’s right! It’s the young people’s world now. You must do your part and work together with your chairman, do you hear me?”
The company’s higher-ups, “…”
Although they had Miss Selina as the company’s backer, yet who could explain this premonition that this company was heading to its doom?
After his grandparents had finished speaking, Leng Qirui explained, “The reason why I suggested to change the plan to build Meimei Department Store to an office building is that Nangong Nuannuan informed me two days ago that the center of the city in the eastern part of the city will be relocated. By the time that happens, administrative service centers would be relocated to this area instead, and that place would become a new business center.
“Therefore, building an office building there was better than building a first-rate mall there. The office building can be kept there as Leng Group’s premium asset permanently, and it’ll rise in value as the city develops.
“Also, although Meimei Department Store was indeed a very lucrative part of Leng Group, you have to know that the world was constantly changing. Earning money today doesn’t mean that they will still be earning money tomorrow. Like the powerful NJY Company from a few years ago. In the beginning, everyone would go crazy over every new phone they put out. However, they did not know how to adapt and kept producing bricks for phones. That was how they were completely defeated by PG Company afterward.”
