Chapter 960: Three Years of No Profit (Fourth Update)
"The company's investment in the first phase is 15 billion, and 0.5 percent of the shares are 75 million. Of course, there is a premise here that you cannot sell your shares for three years. At that time, it will be very clear in the contract. Liu Tao said.
"Isn't it a little more? My salary in the Penguin Group is only 5 million a year, plus equity dividends or something, it will definitely not exceed 10 million a year. 75 million, which is indeed a bit much. Cai Gaole said.
"I don't think it's much at all. There is a price to be paid for poaching. Your original annual income was 10 million, and now you have 20 million. Otherwise, you won't have a reason to change jobs at all. I'm sure when you submitted your resignation to the Penguin Board of Directors, they promised you a raise. Liu Tao said.
"Yes. They promised me a 30 percent raise. Actually, whether it's 30 percent or 300 percent, I'm not going to stay there. Because I know very well in my heart that I am a member of the Baolong clan and must unconditionally obey the orders of my superiors. Otherwise, it would be meaningless for me to stay in the Baolong clan. Young master, you better lower this ratio. Cai Gaole said.
"I already think this ratio is low enough, and I don't need to discuss it. In addition, your annual salary is the same as when you were in the Penguin Group, with an annual salary of five million. Liu Tao said.
"It's a great pay. Young master, please forgive your subordinates for saying bluntly, such a high salary can completely hire better talents than subordinates. Why did the young master choose me? Cai Gaole said.
"I didn't choose you, it was the patriarch who chose you. To be honest, I don't know much about the management talent of a business. If it weren't for the patriarch recommending you, I wouldn't even know what you do. Liu Tao said.
"It seems that there is a lot of thanks to the patriarch. Young master, is Tangshan also here? We can meet now, right? Cai Gaole said.
"He's in the next room. Let's go and look for him. Liu Tao stood up as he spoke.
Chaighle followed.
Liu Tao knocked on the door. Soon, the door opened, and Tang San appeared in front of them.
Tangshan was taken aback when he saw Cai Gaole.
"Gao Le, am I not mistaken? Is that you? Tang Shan asked in surprise.
"It's me." Cai Gaulle nodded. Said.
"I really never dreamed that the other person Mr. Liu found turned out to be you! In the past, when I was in Shengtian Group, I tried to poach you repeatedly, but you just refused. I didn't expect it to be dug up by Liu Tao this time. Tang San said.
"Mr. Liu is a man who does great things! It's an honor to work for a boss like this. Cai Gaole said.
"You two don't go here, you and I don't say a word. Let's go, let's talk. Liu Tao said beside him.
A group of three entered the room.
"Mr. Tang. In the future, you and Mr. Cai will be partners. He will serve as the company's Chief Financial Officer. Liu Tao said.
"Göller is a very good CFO. If Penguin hadn't asked him to be its chief financial officer, it wouldn't have found so much venture capital. If the company is short of money, it can ask Gao Le to come forward to raise funds at that time. Tang San said.
"The company will not raise funds for the time being. However, I think that the company has the two of you to join, and the venture capital will definitely come to the door to discuss cooperation. It's a pity that I have a venture capital firm myself, so I won't be interested in investing in it. Liu Tao said.
"Venture capital is actually a small business. Basically, the amount of investment is between tens of millions and hundreds of millions of funds. Very few of them are more than a billion. The investment of one billion yuan can be regarded as a drop in the bucket for automobile manufacturing companies. Especially now that the threshold for the automotive manufacturing industry is very high, there are very few new players entering this industry now. From this point of view, Mr. Liu really has considerable courage and courage. Cai Gaole said. In front of others, he would never call Liu Tao the young master.
"The main reason why I chose the automobile manufacturing industry is to provide better cars for the Chinese people. You should know very well that domestic cars are basically concentrated in the low-end market, and the high-end market is monopolized by foreign automobile manufacturing companies. To be honest, as a Chinese. I don't want to see foreign cars everywhere in the country, and I want most of the cars on the road to be our domestic cars. The reason why domestic cars can't be sold now is mainly because of poor quality, or low cost performance. If the quality of the cars we produce is comparable to that of foreign cars, I believe that Chinese people will still choose state-owned brands at the same price. Liu Tao said.
"I agree with you. However, now the engines of cars are imported, and if foreign countries restrict the export of engines, it is tantamount to a sword hanging over our heads. It could kill at any moment. Tang San said.
"In-house development of engines is a must. I have already sent people to poach experts in the field of engines. If you have the right person, you can also provide it. Liu Tao said.
"It takes a lot of money to poach people. If we pay too high a price, I am afraid that when the time comes, not only will it be unprofitable, but it may even be lost. Tang San reminded.
"By unprofitable, you mean that there is no profit. To be honest, I didn't intend to make money when I started this company. At least. I'm not going to make a profit in three years. Liu Tao said.
"Not profitable for three years? Did I hear me right? Tang Shan's eyes were full of doubt.
"You heard you right. If you make a profit within three years, I will hold you accountable. Your role is not to create profits for the company, but to create value for the society. Do you understand? Liu Tao said.
"Mr. Liu, let's be honest. It's the first time I've seen someone start a company that isn't there to make money. With so much money invested here, if you don't open a company, even if you deposit it in the bank, there will be hundreds of millions of interest. Tang San said.
"Just because you're not making a profit now doesn't mean you won't be making a profit in the future. I'm willing to take three years to change the landscape of this market. Liu Tao said.
"If it's not for the sake of profit, companies can really reduce a lot of stress. When the time comes, the cars produced will definitely be welcomed by everyone. However, I'm a little worried that when the time comes, if all the car manufacturers start to cut prices to boost sales. What should we do? Tang San said.
"Wouldn't it be good news if all cars could be sold at a significant price reduction? Even if the price of a car is reduced by 10,000 yuan, 10,000 is 100 million, 100,000? What about millions? That's great news! I look forward to that day. Liu Tao said.
"Mr. Liu's thinking is really different from ours. However, according to your strategic layout, I believe that the company will become a world-class automobile manufacturing company in less than three years. Tang San said. (To be continued.) )