I See through Everything

Chapter 303: Chapter 155: Proportion

"The detailed terms and conditions of the equity transaction..."

Dozens of clauses, big and small, were read out until the legal secretary’s mouth was dry.

A little over an hour later, after the three parties confirmed there were no issues with the contract, they each signed the joint venture agreement for Monan United Mining Company on behalf of their respective companies.

Of course, this alone was not enough.

Jiang Miao handed the contract to the legal secretary for safekeeping, then continued, "General Manager Gao, General Manager Li, our company will now appoint a management team and establish Monan United Mining Company in Home County. You can send in a financial supervision team to be stationed there. At the same time, I hope General Manager Gao can arrange for someone to serve as the vice general manager of this company."

"Certainly. Our Deputy Manager of the investment department, Zhao Shuisheng, will concurrently serve as the vice general manager of United Mining Company." Gao Meng had already guessed Jiang Miao’s intentions.

Zhao Shuisheng stood up. "Hello, General Manager Jiang. I’ll be counting on your guidance."

"No need for formalities. Please, sit." Jiang Miao didn’t stand on ceremony and immediately assigned him his duties. "General Manager Zhao, your work at United Mining Company will be to handle negotiations for agricultural land contracts, as well as the acquisition and negotiation of mining land."

"No problem." Having navigated the state-owned enterprise system for decades, Zhao Shuisheng understood his role in United Mining Company the moment he heard Jiang Miao’s appointment and job assignment.

As for the management team for United Mining Company, Jiang Miao already had people in mind.

Lu Mingyuan, the head of the environmental protection office, and Lin Yonghua, the manager of the Meilong Gold and Silver Processing Plant, would be flying over in a few days after handing over their current duties.

Jiang Miao had chosen them for good reason. During his time managing the gold and silver processing plant, Lin Yonghua had been meticulous in his work and had never lined his own pockets.

A company like United Mining, destined to become a behemoth, couldn’t just be handed over to any outside professional manager. If that person were to stir up trouble, it would be extremely embarrassing for both Hailufeng Company and the Monan State-owned Assets Operation Company.

Therefore, the honest and dependable Lin Yonghua, who also possessed a respectable level of management skill, was the perfect fit for the role of general manager. After all, as long as the management of United Mining Company didn’t act up, the company was guaranteed to rake in profits every year.

As for bringing over Lu Mingyuan, the head of the environmental protection office, the main reason was to have him oversee the actual mining production department. He wouldn’t need to do any research on the bio-mining technology; he just needed to know how to use it and how to construct the necessary plants and mining facilities.

Having worked in the environmental protection office for over a year, Lu Mingyuan had designed and planned comprehensive environmental facilities for the company’s various factories and farms. He was skilled at factory construction, and while his personality was somewhat reclusive, that also meant he wasn’t the type to form cliques for personal gain.

The remaining management positions could be filled by drawing from Hailufeng Company’s reserve employees in various departments, with the rest being new hires.

Since the management team appointed by Hailufeng Company had not yet arrived, Zhao Shuisheng stayed behind in Home County with a few subordinates to wait for them while scouting for a suitable office building.

Meanwhile, Gao Meng and her team flew back to Gui Sui, the provincial capital of Monan.

「Two days later.」

Wang Feng and his team from the procurement department arrived at the Monan Branch.

Jiang Miao was also preparing to return to the Shanmei headquarters in a few days.

After lunch, Wang Feng and his team went to Jiang Miao’s temporary office. The moment they sat down, Wang Feng handed a thick document to Jiang Miao. "Boss, this is our procurement report for the last half-month."

"Summarize it for me," Jiang Miao said as he began to look through the document.

"We placed another order for 100 container homes. We also ordered a large batch of daily necessities, home appliances, and office supplies, such as sleeping bags, chairs, desks, electric fans, air purifiers, humidifiers, washing machines, and dryers." Wang Feng paused for a moment.

"Continue."

"Next is the production equipment. I visited several equipment manufacturers in the North and ordered five production lines for drying fodder and grain, five sets of fermentation tanks for cattle and sheep manure, and three sets of boilers..."

All in all, adding everything up, the procurement department had spent over 30 million in the past half-month. They were truly spending money like water.

But these investments were necessary.

Whether it was the home appliances and daily necessities to ensure the employees’ quality of life, or the office supplies and production equipment, all of it was indispensable for the Monan Branch.

Otherwise, given the working environment in Monan, it would be difficult to retain employees. The local workforce was insufficient, and they couldn’t hire too many locals either, lest they band together and cause trouble.

After listening to Wang Feng’s report, Jiang Miao jotted down a few instructions on the document, then said, "Fengzi, arrange for two people to stay here at the Monan Branch to supervise procurement, especially for the agricultural materials procurement office. After a while, you can send others to rotate in."

"Understood." Wang Feng understood Jiang Miao’s thinking.

After all, in a remote branch like this, far from the central authority, it was easy for shady dealings to occur in procurement.

Jiang Miao’s actions were a preemptive measure.

Regularly sending personnel from the procurement, finance, and inspection departments to conduct audits was an essential procedure.

Furthermore, it was crucial to strengthen the talent pool for senior executives. A branch’s management team couldn’t be allowed to become entrenched, nor could one person serve as a branch’s general manager for too long, lest they become too powerful to control.

Every three or four years, the branch general manager’s position had to be rotated. At the same time, a portion of the branch’s management would be replaced annually, ensuring there were always newcomers on the team. This would prevent them from establishing stable social circles and networks of influence.

These policies had already been established and were slowly being rolled out across the entire company.

After reporting to Jiang Miao, Wang Feng immediately began discussing procurement with Zhang Xiyi, the sales manager from Zoomlion Heavy Industry.