"Boss, the new start-up publishing companies have been listed, when will our company be listed?" asked a young employee, excitedly.

In fact, the young employee has been with the company for less than a year, but the business is doing well, and as a result, he has also become a minority shareholder of the company, holding less than 100 shares. However, after all, I am a young person, and I don't know much about the company, but I have a lot of ideas.

"Last year, the new venture publishing group company went public, not only raised a large amount of money, but also quickly changed the valuation from hundreds of millions of dollars measured by net assets before the listing to tens of billions. Lin Qi said, "After that, many new employees of the company asked me, does the new venture electronics group have any plans to go public? I'm sorry...... Old employees won't ask, but some new employees may really not know, so I'm going to explain it again!"

This sentence said, although some employees were slightly disappointed, but most of the old employees did not care.

Some core employees do not care about the details of the financial statements disclosed to them by the company, anyway, they know that the company's performance is very good, and almost every year's dividend return is far more than the previous year, which is enough.

"Most of the old employees know that not going public is my design for the company's incentive system. Our return system for employees and shareholders is mainly achieved by the endogenous growth of the company, rather than by listing in the capital market. In other words, if calculated according to the valuation of the capital market, a fast-growing company like ours is not overvalued at all if it is five or ten times more expensive, but in that case, we need to act in accordance with the rules of the capital market, and what can we use to motivate our employees?

Listing means that we are a company that serves large capital and major shareholders more purely, and the interests of this part of investors are more market value and valuation, and there will be no patience to look at ten years, twenty Chinese New Year's Eve and thirty years later. When you see a profit, you come to arbitrage, and you run faster than anyone else if you don't have the opportunity to make a fortune in the short term.

This kind of shareholder is not what I want, but the shareholder I want should be a person who contributes to the development of the company, that is, an employee shareholder!

The impact of the unlisted company is only the valuation of our company, and the unlisted company adopts the most conservative method of net asset valuation, where the price per share is equal to the net assets of the financial report. After listing, it is nothing more than that the market is optimistic about us and obtains a valuation much higher than net assets, in fact, it does not help our core competitiveness much!

The death of the vast majority of the world's outstanding enterprises is by no means the collapse of the enterprise because it is undervalued and its market value is too low. More because the enterprise has lost its competitiveness, and the key to competitiveness lies in the team, in the innovation of the enterprise, and in the direction!

And we allow net assets as a valuation, the upper limit is half of the salary to buy the company's shares, this incentive system, the core of this incentive system is to hand over the company's return on investment to all of us, and the return on equity will be determined by all our employees and shareholders. Holding equity and past equity appreciation and dividend returns are only to realize past contributions. But if future employees and shareholders don't compete, the rate of return will be lower......"

"How can a company like Xinchuang continue to maintain its ability to grow? Learn from the past and learn from the new! The country that we have laid down in the past should continue to be stable. At the same time, we should continue to create new miracles......

We have made outstanding achievements in the past, and we have a variety of best-selling platform-based hardware products such as Zhangyu, Pangu, Phoenix, Xiaobawang, etc., and these products will have room for growth in the future. In addition, in terms of CPU, hard disk, memory, flash memory, battery and other component technology, it has its own core technology......"

"The computer business of Pangu host platform should be one of our key development directions. In the short term, limited by our processing level, the next generation of XRM32 architecture chips cannot be put into production for the time being. However, we still need to upgrade the Pangu host, and upgrade the video memory, memory, and hard disk of the Pangu host for free without increasing the price, so as to improve the performance of our whole machine...... Because, the hardware of our Pangu host is no longer so leading. ”

In fact, the Pangu console is currently only cost-effective, while the PC camp has changed the entry-level memory to 128KB. The Pangu host's 64KB of memory is too small.

Although the XRM16 chip is at least a generation ahead of the 286 chip, the small memory also limits its performance.

In fact, although the Pangu console was very cheap at the beginning of the market, it has never been reduced in price for three years on the market, and at present, it has also changed from a loss in hardware to a hardware itself can also make some money. However, this is not what Lin Qi wants to see. If, in the absence of competitors, this situation is naturally not a small good but a big good.

However, the improvement in hardware performance of the PC camp is visible to the naked eye. At present, the PC industry chain with the world's best semiconductor technology, memory, graphics cards are getting bigger and bigger, even the 286CPU is constantly increasing the frequency due to the progress of the process.

Relatively speaking, the Pangu platform seems to be set in stone. The price has not changed, and the performance is almost the same at the beginning of the market.

The advantage of this method is that it is suitable for reducing production costs. On the surface, the Pangu console platform has not changed, but the cost has been reduced from $500 to $300.

However, the fact that the hardware can be profitable also means that its cost performance has decreased compared to the beginning, so Lin Qi directly decided not to increase the price on the premise of upgrading the hardware of the Pangu console, including memory, graphics card, sound card, and hard disk.

Of course, the performance of today's computers depends more on the CPU. In the era of CPU performance overflow, upgrading the graphics card, memory, or display screen can achieve more intuitive performance improvements than upgrading the CPU.

But in this era, CPU performance is far from enough to meet the needs of users, and all kinds of large-scale programs and games are very hungry for CPU, memory, graphics cards and other hardware.

If you use a computer with a higher configuration, you will not be able to force yourself to use a computer with a backward configuration. Therefore, the performance and configuration of the Pangu host must be upgraded gradually.

Even if the most core CPU has not yet reached the time for upgrading, you can also improve the experience by squeezing toothpaste to upgrade the memory and video memory a little bit.

For example, the XRM16 can support up to 1MB of memory for a single core, and the XRM multi-core processor can currently even support 20MB of memory. Of course, if you don't have that much memory, it's not that you don't want to, but the price of memory.

At present, 1MB of RAM is considered a high configuration for personal computer users, and a memory is not less than $500. At present, 64KB of memory only costs about $30, and upgrading to 128KB memory only costs $80, and the cost of the whole machine increases by $50.

But in this way, users can intuitively feel the improvement of computer performance, and can run larger programs faster.

In addition, the multi-core Pangu host will also be listed. The price of multi-core hosts is also relatively expensive, and the memory of dual-core hosts has also been increased to 1MB, and of course, the price has also increased to $998 per unit.

In addition, the higher-configuration quad-core Pangu host not only upgrades the memory capacity to 1MB, but also configures a 256MB mechanical hard disk. However, its market price has also increased to $1,998 per unit.

Before the XRM32 chip was industrially produced, this multi-core idea did allow Xinchuang Electronics to build a more powerful home host.

Of course, after the large-scale production process of the XRM32 chip has matured, at that time, the single-core XRM32 will be more powerful than the multi-core XRM16, and has greater potential for technological upgrades, and at that time, it will naturally be replaced by 32-bit chips.