Chapter 894 Risk

"It has been 15 years since the establishment of Xinchuang Electronics Group, and when we first started our business, we only had a few employees. So far, none of the 7 old employees who joined the company at the beginning of the business have left, and the promise to bring everyone the future has also been realized.

Gao Tiangao, the general manager of Pangu Computer Co., Ltd., Li Ruoxi, the general manager of Xinchuang Communication Company, and Liu Zhendong and Liu Zong, the general manager of Zhangyu Technology Company, have taken the lead in creating a new world and new situation in the subsidiary, bringing returns to the shareholders of the parent company.

In addition, Zhang Ru originally had a primary school education, and now she is self-taught, and has three degrees in computer science, economics and management from the University of Hong Kong Chinese, and is the CEO of the group company, responsible for daily administrative management.

Zhao Tian is currently the group's internal project incubation investment, to some young and innovative internal staff of the team, to provide a lot of help, at least billions of funds every year of risk projects, is his approval, Mr. Zhao has been told me, he is ashamed, at least 80% of the incubated projects are loss, I was very surprised, told him, originally I expected, 100 projects can be a success is rare, as a result, he and my venture capital success rate of 20%.

Chen An, the head office of the group, is responsible for the real estate investment directly under the headquarters, with a cumulative investment of more than 50 billion Hong Kong dollars, and at present, the market valuation of these real estate properties is worth 200 billion Hong Kong dollars, and it contributes nearly 7 billion Hong Kong dollars in rental income every year. Although the reputation of the outside world is not limited, it can be said that the market value of all real estate companies listed in Hong Kong is not as high as the market value of the real estate operated by Chen An. In terms of annualized rate of return, the annualized rate of return on the Group's investment in real estate is more than 35%, which is far better than the average annualized rate of return of more than 20% for leading real estate companies in Hong Kong. The annualized rate of return of 20%, from the perspective of the global real estate industry, the stock market is almost like this, and those who have achieved an annualized return of more than 20% for decades are basically considered masters, and Buffett's annualized return is just like that.

Yang Hao, who is currently doing the human resources management of the group, you should know that even if you offend me, don't offend Yang Hao...... At present, Yang Hao is in charge of human resource management, which should be effective. Not only that, in terms of introducing new people every year, we have carried out evaluations in terms of ability, morality, value stocks, etc., so that new people basically have both ability and political integrity. In addition, for the employees who have joined our group, Yang Hao is responsible for the department, which provides very scientific and humanized human resource management. It is precisely because of the effectiveness of the human resources management department that we can not only introduce first-class talents, but also retain talents.

When the company was founded, I told them that if we wanted to bring them a thousandfold rate of return, as long as they stayed in the company, everyone would be a billionaire. Now, basically everything has been done, and making 100 million is only a small goal. The first batch of old employees who joined the company, for example, Gao Tiangao, have a net worth of tens of billions. Others, to say the least, are billions. This fully shows that only people can share the growth dividend with us.

The longer you join and the longer you stay with the company, the more growth dividends you share.

It can be said that choosing our new venture group, compared with other people who have entered the workplace, should be regarded as winning at the starting line! Because, our platform, in terms of system, guarantees excellent talents, and will be able to obtain a rate of return that far exceeds that of other platforms!"

In an instant, many employees present felt a little excited, and the applause sounded fiercely!

Lin Qi continued to sensationalize: "Our new venture electronics has been established for 15 years, and we have basically relied on endogenous growth to get to where we are today. In the beginning, it has not received outside investment. It is precisely because we make our own decisions that the benefits do not need to be distributed to external investors, but can continue to give back the growth dividend to the internal conscience circulation system.

As a major shareholder, I have always sold equity to my employees. It can be said that every year I sell my equity at a loss, and every year I buy the employees who reduce their equity can share the growth dividend and real money dividends!

Someone once asked me, if you sold the equity of a company with the fastest growth rate for 15 consecutive years, did you lose money!

I must say that there is absolutely no loss! Because the reason why we can continue to create amazing growth rates and returns to shareholders is essentially because, as a major shareholder with the largest vested interests, is willing to continue to squeeze out the benefits and share them with employees. I never worry about selling my shares cheaply, because if I sell them cheaply, it means that employees can continue to share in the growth dividends. I hope that this growth dividend can be continued......"

In an instant, the applause was thunderous!

"The starting principal of the New Venture Electronics Group is less than 1 million Hong Kong dollars, and this first pot of gold comes from the manuscript fee of my last entrepreneurial project, the New Venture Publishing Group and "Breaking the Sky". From one million to more than one trillion, an increase of more than 1 million times in 15 years, such a growth rate, even compared with the entire history of mankind, is estimated to be unprecedented!

Of course, although the growth of the new venture publishing group is not as good as that of the electronics group, it is also a well-known listed company in the publishing industry, and the market value of the listed publishing companies in Asia is the first. And to be the first, it is also because of its business innovation, other publishers sell books, Zhang Dahai of the new venture publishing group, do a book rental chain model, tens of thousands of rented bookstores, almost no need to sell books, as long as our own rented bookstores purchase, the minimum can sell 2 billion yuan of books every year. What's more, the substitution of the book rental model for sales further expands the profit margin of each book. After the book rental model, it began to engage in the Internet and explore translation and publishing in different markets around the world. In addition, the new venture publishing group has also invested a lot in science and technology, for example, it has now launched an e-paper book, which can ensure that you don't need to charge for a week, continue to read books, and can update and subscribe to new chapters online. Not only that, New Venture Publishing also has a big data system, which continuously optimizes its operation and launches more popular new books based on the data fed back from rental bookstores and website channels. ”

"For example, New Venture Publishing Group, a listed company that focuses on traditional publishing, has achieved a growth rate that far exceeds that of its peers by relying on continuous innovation. Therefore, our new venture electronics group, as the core flagship enterprise of the entire new venture department, must firmly take innovation as our core value...... Only by constantly innovating, constantly coming up with new products that subvert tradition, and constantly creating new trends, can we stand tall......"

……

After the chicken soup speech, the general meeting of shareholders began to vote, and the scene began to vote on the major proposals.

For example, through the 95 years of the group's headquarters directly under the technology research and development budget of 10 billion US dollars. In addition, the Internet strategic cash-burning business will continue to burn $3.5 billion next year.

The R&D budget of the headquarters alone is more than 10 billion US dollars, and the major independently operated subsidiaries also have their own R&D budgets, and it is estimated that in 95 years, the total investment in the scientific research budget of new start-up enterprises will be between 16.5 billion US dollars ~ 20 billion US dollars.

With such a huge R&D investment, it is estimated that it is impossible to obtain the approval of small and medium-sized shareholders if it is an enterprise with insufficient prestige of major shareholders. Even if it is enforced, it will cause the company's shareholders to be distracted.

However, Lin Qi, as the head of the new venture electronics group, has long brought rapid growth and dividends to the company's shareholders year after year. In addition, in the past, the company has always attached importance to scientific research investment, and it has accompanied the rapid growth of the company. Now continuing this practice and increasing the scientific research budget and strategic investment in the Internet field has not made small and medium-sized shareholders disgusted and questioned.

In fact, everyone knows that Lin Qi, the head, should be one of the most strategically visionary corporate leaders on this planet. When Lin Qi can make a decision, in the overall direction, there is a high probability that there will be no mistakes!

Because of the belief in Lin Qi, as long as Lin Qi proposes it, it will basically get the support of the company's employees and shareholders.

"Well, the last thing is to vote on the dividend for '94, based on last year's profitability, about $34.5 billion in profit, close to HK$270 billion in net profit. I propose a dividend of US$12 billion, which is also HK$93.6 billion. Such a dividend ratio does not affect the company's investment in major projects, but also allows shareholders to truly imagine the company's operating results!"

With the approval of the final dividend proposal, the 94-year shareholders' meeting has come to an end.

However, in the following days, Lin Qi still met separately with the heads of different subsidiaries and regional branches for detailed discussions. For example, the person in charge of the U.S. branch, Lin Qi, has stopped evaluating the performance growth in North America during the period, and the goal of performance appraisal has been changed to politics.

"Our group looks strengthened, but it is fragile, strong because of our market competitiveness and innovative ability, and where we are vulnerable is in politics. Business all over the world, it is inevitable to be affected by political factors all over the world, other regional politics is not critical, but American politics, we must do a good job! Maintain friendly relations with the US government and mainstream political forces and potential political forces, to avoid us being deliberately suppressed and targeted by American political forces, this is the North American branch, the main performance appraisal goal in the future!

In addition to maintaining relations and communication with political forces, the North American branch has always paid attention to maintaining the company's image and invested a large amount of budget to increase the goodwill of the North American people towards us. In this way, politicians will not easily attack us for the sake of votes!" said Bill Smith, CEO of North America, "Although we cannot influence the mainstream ideology and positions of American politics, at least, we have been trying to avoid making our company a victim of North American politics!"

To a certain extent, the corporate structure must involve politics.

For example, Japan's consumer companies have been declining since the 90s, and their global market share has been declining. There are more irresistible political factors in this. Since the 70s, the trade friction between Japan and the United States has been very sharp, and since then, the United States has continued to hammer Japan, and the trade war between Japan and the United States has lasted for decades. In the end, Japan completely surrendered to the government in terms of industry, economy, tariffs, currency, etc., abolished the policies that were originally very beneficial to the development of Japanese enterprises and industries, and signed a series of policy treaties that were unfavorable to Japan's development, and begged the United States to let go by self-castration.

But the price paid by Japan is also too great, and for decades, Japan's total GDP and per capita GDP have been regressing. The salaries of Japanese people in the 21st century are much lower than those in the 80s of the 20th century.

In the face of political turmoil, there are countless companies that have fallen victim.

When there is friction between governments, they all like to take advantage of each other's enterprises and export harm to each other.

China's economy will definitely rise in the future, and the new entrepreneurial system, which is deeply engraved with the brand of China's national enterprises, may sooner or later be targeted by US political forces.

Lin Qi knows that it is impossible to never be targeted by American political forces, but ...... Be mentally prepared, work hard, and delay the time and intensity of being beaten by American political forces!

What could have been a strangled beating eventually turned into a short-term turmoil. Or, at the expense of the U.S. market, but without affecting most of the global market, that would be a great success!

Lin Qi's expectations are so pessimistic, and he never thinks that he can curry favor with the United States and kneel without being suppressed.