Analysis I read Lao Yu's book, and I got the answer here. Let's talk about it based on my understanding. Actually, I can make it clear after thinking about it. His subordinates are all in favor of listing, because after listing, they will become richer and richer immediately because they own shares. Yu is not only optimistic about money (he is the chairman of the board, and he is already rich, so it doesn't make much difference if there is more money), but just the ease of life. But every year after listing, we must ensure the profits of enterprises. Because it is borne by the holder, he will not develop the trend enterprise according to his own intention, so in his view, he will be more passive.
In fact, the distinction between right and wrong is appropriate. After going public, all his subordinates are rich and idle. According to Xu Xiaoping's original words: "I (Xu Xiaoping) also regret going public. I look forward to the prosperous life of New Oriental School under the condition of self-employment. Going public made me unable to be a director. I just want to be a director. I was 50 when I went public. I'll go to work now if I'm made a senior vice president. After listing, Lao Yu's work pressure is even greater. The challenges, work pressure, doubts and understanding he encountered made him feel lonely and angry. But my sense of powerlessness and frustration is the same as that of Lao Yu, which is caused by different reasons. He is so busy that I feel uncomfortable. "
The original storyline with Yu, the chairman of New Oriental School, also shows that assets are eager for success and culture and education are striving for progress steadily. Third, listed companies must improve by 20%-30% every year. In particular, Britain has great expectations for listed companies in China, and listed investors will face great work pressure and become more and more passive. Fourth, the internal information of the representatives of listed companies is disclosed, and the rights of shareholders are restricted. Fifth, Yu's interview video shows that listing is beneficial to everyone except him. Others can sell shares for cash at will, but as a founder, he can't sell them at will. If he doesn't go public, his annual dividend will be very good. This is why all the subordinates in the film are suitable for listing. Sixth, listing is for better equity financing, and then everything is decided by investors. The right to speak will be restricted. This is probably the reason why I can sum up to boycott the listing, and it is also some reasons why I regret the listing of New Oriental School. Just out of my humble opinion, I look forward to helping you.
The summary film is not very clear about this point, but only highlights Cheng's stubbornness. But in fact, combined with some of Yu Zhong's main performances and final comments in the film, this is my choice. He doesn't want to change his destiny at all. He just wants to be a wusao. Going public is also looking for guilt, which has little practical significance for him. In fact, I don't feel very real about the words that turned into negotiations with foreigners. That conversation, the same preface, stunned foreigners and looked as if they were really playing a very big chess game. I prefer, in fact, he just wants to create an empire by himself, play as he wants, fire whoever he wants, and find a bunch of company shareholders to make trouble for himself. Why?
In fact, listing is not always a good thing for company owners. Even more than profit (except for some bosses who want to run TX after listing). Doing things with money is an old saying of China. When entrepreneurs go public, taking investors' money is to give income. In fact, it's hard to say how much commitment China multinational companies have to investors. However, these bosses are also sad. Management can always see it, and the news media can follow suit. Monthly, quarterly and annual reports need to worry about financial figures every once in a while. Not every company is an iPhone. Even when the iPhone is about to close down, the sales performance is ups and downs. As long as the profits decrease, a group of directors are needed to report their work and ask what is wrong. Are you bored? Lao Yu, also after listing, was annoyed a lot. I was not happy before I went public. In fact, he just wants to be a teacher.