Chapter 383: Slimming

The handheld team and the Xiaobawang team have no strategic significance for the group company in the long run.

But in the short term, these two teams contributed a lot of revenue and profits. Every year, there are dozens of handheld and Xiaobawang cassette games independently developed by the company, which require a large number of R&D personnel.

It is precisely for this reason that by separating these two businesses, the group company can be greatly slimmed down and reduce the staffing by about 3,000 people, which is equivalent to a quarter of the current staff establishment of the group company.

That is to say, the group company can easily slim down to more than 9,000 people. Although most of these personnel are also R&D personnel, most of the game R&D personnel on the handheld and Xiaobawang platforms are mediocre technicians with average technical level or projects to train newcomers.

Most of the really powerful game development teams are developing arcade games at Phoenix Games. or on the Pangu platform, some high-end games.

For example, "Counter-Strike" on the Pangu platform, this kind of game has too high requirements for graphics cards and memory. As a result, the game has been launched for more than a year, and the reputation is not small, but the sales volume is only 300,000 units. It's not because of the impact of piracy, but more importantly, the configuration is too high, and it takes at least $3,000 to bring this most classic FPS game. Moreover, the Internet is not very popular in the world now, and FPS games only have a local area network, so the prosperity of FPS games has not really arrived.

But with the development of time, at most in the early 90s, the entry-level model of the Pangu console can bring Counter-Strike. In addition, with the advent of the Internet era, FPS games can be played online online, and with the texture of this game, it will not be a problem to be popular until the end of the 90s. Even in the 21st century, it is possible to cheat money again by constantly renovating and introducing new versions with better graphics, richer maps and gameplay.

You know, even after more than 30 years, chicken games are popular. At the end of the day, it's just old wine in a new bottle. The main selling points and gameplay are not fundamentally different from "Counter-Strike".

……

The mature projects incubated within the group company will be spun off and a subsidiary will be established to operate independently, and the management of the subsidiary will be given operational autonomy. This approach is not the first time that the new venture electronics group has done it.

After all, the previous companies such as Xindian Toys and Phoenix Games are all companies formed by teams spun off from the parent company. Although the group company still occupies a controlling stake in these subsidiaries, it has rarely taken the initiative to interfere in management. At the same time, if the spin-off subsidiary develops well, the return rate for the start-up team may be far greater than that of staying in the parent company.

For example, the little-known new electric toy company also relies on the mini four-wheel drive, a cheap toy that has swept the world. It has developed into a toy overlord with annual sales of nearly HK$5 billion and a net profit of more than HK$300 million. The new electric toy company has also achieved amazing results by relying on the linkage of toys, animation, games and other industries. Nowadays, there is no doubt that there is an 80% probability that new electric toys companies will invest in the animation of electric toys broadcast on TV all over the world.

In the beginning, Japanese toy manufacturers also tried to compete with new electric toy companies in electric toys. However, the new electric toys continue to invest in the world, forming a large-scale mini four-wheel drive car competition. In addition, the animation of the original 4WD racing car is not as good as the new electric toy. This makes Japanese toy manufacturers more inclined to invest in robot cartoons, thereby stimulating the sales of their original robot plastic figurines. You know, the cost of plastic villains is lower than that of four-wheel drive, but in the 80s, it was definitely the king of toy sales. Although, the supremacy of the Transformers series of toys from Hasbro in the United States is unshakable. However, Japanese radish slices (robot slices) are better than large production, and during the high production of robot slices in the 80s, thousands or even tens of thousands of new radish slices were produced every year. For toy manufacturers, they have sponsored a bunch of radish slices to be released by casting a wide net, and which radish slices are the most popular, so they naturally concentrate their firepower to produce derivative toys related to the film.

In addition, Phoenix Games is a game giant that is highly anticipated by players all over the world, and Phoenix Games is known for its high-quality games in the arcade market. The arcade machine of the Phoenix platform, and it is developed by Phoenix Games itself, it is synonymous with quality and innovation. Relying on one high-end game after another, Phoenix Games can be said to have countless fans. At present, the capital market values Phoenix Games at $10 billion, and if Phoenix Games is willing to go public at this valuation, it will soon become a public company. However, the operation team and the parent company of Phoenix Games feel that this valuation is too low, and they are not ready to go public according to this valuation, but are ready to wait for the capital market to be more enthusiastic about high-tech and games and other concepts to go public at a valuation of more than $20 billion.

In addition to these two successful cases, Xinfei Electronic Technology Co., Ltd., Xinchuang Semiconductor, Xinai Electronics and other companies have also developed well.

It is precisely because of the successful cases of those newly entrepreneurial companies that operate independently that the Xiaobawang team and the Zhangyu team have confidence in independent operation.

……

After knocking the company's veterans, the resolution to promote the slimming of the group company was voted through.

Soon it entered the dividend resolution that the company's shareholders were most looking forward to. As a result, the company's profit in the past year was as high as HK$27.3 billion. In addition, at present, it still maintains a daily income, and can achieve a net profit of more than 50 million yuan almost every day. An appropriate amount of advanced dividends will not affect the company's operation, but can allow core employees to share the company's growth dividends.

Therefore, Lin Qi proposed a dividend of HK$15 billion to all shareholders. This proposal was implemented by shareholders present and some of them who were not present but voted by proxy, voted by telephone outside the market, etc.

Of course, although Lin Qi alone won 13 billion dividends, the dividends enjoyed by more than 5,000 other shareholders were as high as 2 billion yuan. If Lin Qi's dividends are also included, the per capita dividend is 3 million yuan. After deducting Lin Qi's dividends, the per capita dividends are also close to 40,000.

Of course, the benefits of dividends are only a part of shareholders' equity, and the growth of the company's net assets per share and future growth potential are far greater than the benefits of current dividends.

Moreover, dividends cannot only be seen per capita, because a large number of new recruits and employees who have just received equity incentives have only a symbolic 100 shares in their hands. These shareholders can only receive a dividend of 15,000 yuan, and they have not yet achieved dividends exceeding wages.

However, the old employees who joined the company earlier have achieved dividends of up to hundreds of thousands or millions, and their income can rise just by following the company's growth without promotion and salary increase. Some of these veteran employees are not too good, they are just lucky enough to join a fast-growing team.

It is also visible and tangible that more than half of the people in the group company are shareholders. The company's development and finance are also transparent to shareholders, so many new employees of the group company will also be eligible for equity incentives as their goal.