On the way back to the town, everyone was silent, Zhao Qiang originally thought that his life before he met Zhuo Ziyuan was hard enough, but he didn't expect that every household here was a hundred times more difficult than him, He Xia never thought that there was such a place, the family's income was less than 500 yuan all year round, and she couldn't even afford a set of clothes, let alone any jewelry and bags, and the children couldn't even afford nine years of compulsory education.

Zhuo Ziyuan was thinking that if he helped these children in the mountains, the boarding middle school he just mentioned was a good place, as long as these children were willing to go to middle school, and could go to middle school, then the distant public welfare fund could cover the daily expenses of these children, and they didn't even need to pay even a penny at home, and the children who grew up in such difficult conditions knew how much money they could spend a year, and the cost of going to school for a year was 640, and then help them buy a few clothes, a schoolbag, and some stationery, 1500 yuan was enough, and it would not exceed 2,000 yuan at most, which was not worth the money of Xu Xuehua's clothes。

A primary school like Yamaguchi Town, there are more than 30 graduates a year, and the children in the town plus those who are unwilling to let their children go out to board are reduced by half, only a dozen are left, and the full count is 20, and the cost of that year is at most 40,000, and after three years, three years later, three grades will be supported at the same time, that is, 120,000 a year, if you support ten such primary schools, it will be 1.2 million, and 100 will only be 12 million, this is a long-term project, to reach the number of 100, you have to wait for many years, and you don't need to spend the money that Zhuo Ziyuan made in the capital market, and then in terms of the profitability of the Yuanfang Group itself, these money are considered small money, Zhuo Ziyuan has this confidence, even now, there is no need for Zhuo Ziyuan to pay out of pocket, the profit of 5177 is enough to support ten schools, and the search for these ten schools will take a while.

This conflicts with Zhuo Ziyuan's original scholarship system and charity theory, but who makes him have a compassionate heart, and this is still a little different from charity, he is supporting these children to go to junior high school, but the road after junior high school is still in their hands, the lazy can only go home to farm, and the hardworking can only get the scholarship he provides, yes, for these children from the mountainous area, Zhuo Ziyuan is determined to support them to continue studying, but it will definitely be transformed into a scholarship system, for example, only those who are admitted to the top few high schools in the city are eligible for this scholarship, and then it is the university, and those who can enter the first line can continue to enjoy the scholarshipHe believes that under such a system, children who really want to learn and want to see the outside world will not disappoint him, and those children who have been eliminated, he can only say sorry, or apply his theory of charity, he will not cultivate this child full of inert thinking for the society.

Now that you've made up your mind, let's start at Yamaguchi Elementary School in front of you.

Mayor Ke has actually seen that in this group of people, it seems that the youngest Zhuo Ziyuan is the one who is in charge, but he didn't break it, if there is anything, he still communicates with He Xia as soon as possible, anyway, everyone is together, and what he says can be heard, and through a day's observation, he can see that this young boy really wants to help the children here, and it can be inferred from Zhuo Ziyuan's words that he is understanding the various difficulties encountered by these children, why he wants to understand, it must be thinking about where to start to help, so at the last dinner moment, although he did not mention anything about the town's infrastructure, did not open his mouth to ask Zhuo Ziyuan if he could donate some money to the town **, so that they could do some difficulties that the town needed to solve, even so, he was still happy from the bottom of his heart.

Zhuo Ziyuan naturally felt some of Mayor Ke's attitude, which made him feel a little more favorable to this Mayor Ke.

Because the donation ceremony will be held the next morning, in order not to trouble the villagers, that night, they lived directly in the ** office building, there is no such place as a hotel in this town, generally there will be no outsiders to stay in the town, that is, there is something to come to Yamaguchi Town, and after doing it, they also rushed back to the county seat overnight, so, for the accommodation of Zhuo Ziyuan and their group, Mayor Ke also specially arranged for someone to clean up two empty offices, put the table together, put on a quilt, cover a quilt, and the simple bed will become.

He Xia naturally stayed in the same office with Zhuo Ziyuan, of course, it was divided into two beds, and a screen-like partition was used to separate them.

The winter night was particularly quiet, except for the rustle of the leaves in the wind, there was no other sound outside, and after saying goodnight to Zhao Qiang, Zhuo Ziyuan told He Xia his thoughts on the balcony on the second floor.

He Xia naturally had no reason to refuse, "Of course, there is no problem with this, but we still have to set a limit, for example, how much percent of the profit of the Yuanfang Group is used for this kind of public welfare activities every year, and how we supervise the use of the donations. ”

"Supervision method, I believe you can definitely get it, as for the proportion, I think so, the future of the Yuanfang Group, 50% of the profit will be invested in research and development, I hope that the Yuanfang Group is a constantly innovative company, if in our existing field has not used the money, we will continue to open up new areas, some foreign leading, domestic lack of things, we can go to study. Another 10% will be directly invested in the distant public welfare fund, and 30% will be distributed to all employees of the company, and I will keep 10% for myself. Zhuo Ziyuan said his true thoughts.

He Xia laughed, "Are you kidding? 50% of the investment in research and development is understandable, and 10% is also understandable to be allocated to the public welfare fund, but 30% is distributed to the company's employees, and 10% belongs to you, so what do you leave to other shareholders? Valuation? Or are you not ready to go public at all?"

Zhuo Ziyuan found out that the plan he was thinking about seemed to have been ignoring the issue of listing, if he wanted to go public, there must be other shareholders involved, how could he not give them dividends, this idea directly exposed his most true idea, that is, his company does not need the intervention of other capital, and by extension, it means that it does not need to be listed, but this kind of real idea is contrary to the promise he gave to He Xia a few months ago.

At that time, Zhuo Ziyuan asked He Xia, what are her dreams, one of them is to stand on the NASDAQ and ring the bell, Zhuo Ziyuan readily agreed to her at that time, Zhuo Ziyuan didn't want to disappoint her, didn't want to disappoint all the people who followed him, "Do you think that the future of Yuanfang is more suitable to be listed in the way of a group, or in the way of each subsidiary?" If one or two subsidiaries are listed, Zhuo Ziyuan is still acceptable.

"This is accurate, it depends on the future development of the distance, just with the planning you said before, or the overall listing can better reflect the value, after all, most of the subsidiaries are interlocking, of course, you can also separate the irrelevant subsidiaries, and then list as a whole, these all depend on the future development. For such a problem, He Xia doesn't need to think about it.

"What are you saying the purpose of going public?" asked Zhuo Ziyuan.

"This still needs to be asked, the first company can raise a lot of funds, reduce dependence on banks, second, increase the liquidity of shareholders' assets, third, reduce the risk of shareholders, at least they can cash out a part, hold a part, equivalent to the company to find a lot of ordinary people to take risks together, fourth, improve the company's visibility, whether a company is listed, in the current society, but very different, fifth, the company can improve the enthusiasm of employees through equity incentives, especially the senior management team. Sixth, if we want to acquire other companies, we have quantifiable indicators, based on the stock market, and the two companies can be exchanged for equity, without paying real money. Aren't you taught any of this in your school?"

Of course, Zhuo Ziyuan had seen it in the book, but what he wanted was not these answers, he said with a smile, "Didn't the book also say some disadvantages of going public? Listing costs money, after listing, the company is almost transparent, right? If the stock price is too low, the gains outweigh the losses, and the most important thing is that it will weaken the founding team's right to speak, and even be hostilely acquired." ”

"There are ways to avoid what you're talking about, but the benefits are clear, and executive options are a very effective incentive system. He Xia argued.

"But what if a company doesn't need these benefits at all?" Zhuo Ziyuan continued to follow her train of thought.

He Xia suddenly understood what Zhuo Ziyuan meant, "Do you want to say that Yuanfang will not be listed in the future?"

Zhuo Zi saw that He Xia understood his intentions, so he simply spoke openly and honestly.

"What if I don't need financing, I don't need to borrow money from the bank? "How much money can be financed by listing financing, as far as he knows, Penguin is now planning to be listed in Xiangjiang, and the amount of planned financing is converted into 200 million US knives, this money, not to mention the futures market, do not have to wait for the 08 financial crisis, as long as it is listed in Chengda, after the ban on equity transfer is lifted, he will transfer all the shares of Chengda, at that time, 200 million should not be a problem, which Zhuo Ziyuan is confident about.

"I am the only shareholder in the distance, and I can bear the liquidity and risk problems myself. Of course, Zhuo Ziyuan will not worry about the development of the distance, and has a vision beyond the current nearly 20 years, if he can still get the distance out of business, it can only be said that he is not suitable for entrepreneurship, and he can be a charter public in peace.

"The issue of popularity, just like 361, if our products can attract enough eyeballs, awareness is not a problem. Zhuo Ziyuan is also confident in this, and the products or software he can understand are all things that have been tested by the market in the next ten years.

"In terms of acquisition, I will never use distant shares to replace with others, and if I want to buy, I will buy it directly in cash. "How can Zhuo Ziyuan be willing to be diluted by others, he has never thought of being the overlord of a certain industry, those things that can't be achieved with money, just give up, what is the impact, and even if you want to acquire, can you still buy tens of billions of dollars of companies, billions of market value companies are difficult to acquire, Zhuo Ziyuan feels that he has seized the opportunity in the financial crisis, and it is definitely not a problem to acquire companies with a market value of hundreds of millions of dollars.