"Luo Sheng, this young man is very interesting, I specially went to do some investigations, he founded Bluestar Technology, in terms of employee incentives, to a certain extent, a lot of reference to my company's virtual equity incentive system, but on this basis it has been slightly improved, and quite radical, you just need to look at their incentive plan will find that it gives people the feeling that he has 200% confidence in the future profitability of Bluestar Technology."

A member of the meeting said that after a while, he added: "What's more interesting is that his newly founded Cote d'Azur technology company is even more thorough, almost according to my company's incentive template, but there is still a difference, whether it is a blue star technology company or a cote d'azur technology company, its equity structure fully reveals Luo Sheng's desire for control." ”

At this time, Mr. Ren, who attended the meeting, said with a smile: "This is a good thing, we should be happy, indicating that our model has not only been recognized, but also imitated, which may be more meaningful and valuable than creating tangible profits for the ploughshare." ”

It is worth mentioning that the model of Huawei is not only domestic, but can be said to be an alternative in the world, with tens of thousands of shareholders of Huawei, and these shareholders are employees of Huawei, which also makes it difficult for this company to go public.

The executive who had just spoken said: "In the area of equity incentives, the similarity with my company is almost exactly the same, Luo Sheng took out the equity of the Cote d'Azur company for employee incentives, and shared the company's residual value with all employees. ”

In the design of the equity structure of Cte d'Azur Technology, Luo Sheng adopted the agreement of different rights of the same shares and the person acting in concert, and finally also had the right of veto.

Luo Sheng controls the board of directors through a veto and the right to nominate directors for the company's board of directors through a concerted party agreement.

There are a series of special provisions in the company's articles of association and shareholders' agreements, among which there is a special agreement to ensure Luo Sheng's absolute control, and the removal of Luo Sheng's veto power and the concerted action agreement must be approved by more than 85% of the company's shareholders before it can take effect.

That would mean that Luo Sheng lost control of the company, and there was only one situation, he took the initiative to give up, otherwise he would have absolute control.

Since its establishment in March, the Cote d'Azur has carried out a share allotment in July, with 1,285 Cote d'Azur employees sharing 0.5% of the shares.

And the 0.5% of the dividends is still the right to dividends, not real shares.

In the future, there will definitely be more opportunities for employees who have contributed to the company to receive a share allotment and share the company's residual value.

For the equity incentive of the Cote d'Azur company, employees below the P6 level are not eligible for the allotment of shares, and can only get bonuses, and they are only eligible for the allotment of shares at the P6 level, and the allotted equity is only the virtual shares with the right to dividends, not real shares.

Only when employees struggle to the P8 level can they be eligible to convert virtual shares into real shares, whether they are virtual shares or real shares, they are not direct rewards and need to be purchased.

If an employee wants to convert his virtual shares into real shares, he needs to meet two conditions: the first condition is that he has to strive for the P8 level, and the second condition is a five-year lock-up period, after which he can only buy.

Only when it is converted into real shares is it a serious shareholder of the company, and the equity held is a virtual share, which is equivalent to a quasi-shareholder.

In this way, a core backbone employee can basically be locked in the company for about 15 years, and naturally, this set of employee incentive system is still from Qin Weimu's hands.

If you want an ambitious and powerful elite talent to follow you for a lifetime, and work hard to breathe and share the fate with the company, you must give an equivalent or even premium interest in exchange, otherwise it is a hooligan, and it will inevitably not be able to gather real talents.

Therefore, Luo Sheng wants to take out shares to share the surplus value with these elites, and only by bundling real interests can a group of people be deeply tied to the chariot of the Cote d'Azur in a real sense, and rush forward bravely.

If there was no such a special incentive system, it might not have come to the point where it is today, so that it would be suppressed by the United States and the United States with the power of the state in the future.

The company has been born dozens of core patents since its establishment in less than ten months, in addition to Luo Sheng playing a major role in it, it also has a great relationship with a group of engineers under his hand who are fighting like chicken blood, otherwise Luo Sheng's own strength, even if he is good, it is already the top of the sky to get three core patents within ten months.

No matter how talented he is, his energy is also limited, and he has 24 hours a day like everyone else, Luo Sheng doesn't want to work day and night, he only sleeps 4 hours a day, and he wants to live a few more years, preferably more than a hundred years or even longer.

To this day, Huawei has found that several patents of the Cote d'Azur in the communication baseband are highly consistent with the established direction of Huawei, which is not the most critical, what really makes this communication giant so important is that the Cote d'Azur company wants to enter the mobile terminal consumer business.

Luo Sheng's thing to do with his mobile phone is a clear card, and there is no need to guess at all, and the business gambling agreement with Qualcomm has been exposed.

This year's Huawei is at a very critical node, and has paid more and more attention to the mobile terminal business, before the Huawei communication terminal is mainly in the router, since 2003, it has begun to pay attention to the mobile terminal communication business and server.

The Côte d'Azur company is now very low-key and has been quietly engaged in research and development, but Huawei attaches great importance to it, whether it is the innovative patented technology it has held, or the model of the Cote d'Azur.

It's just a natural partner to work with, or ...... Strong competitors.

It has to be said that Huawei is really strong at the strategic level, and at this time it has begun to notice the Côte d'Azur and has begun to have internal discussions about potential competitors.

The focus of the current internal discussion is whether to choose the intention of competition or the intention to cooperate.

"Let's cooperate." Xu Zhijun said: "I suggest cooperation is not to say that there is no confidence to compete with the Cote d'Azur, but that we should put the strategic level on a global perspective, ICT has always been dominated by foreigners, and now is not the time for 'infighting', we have already put forward the hypothesis of 'extreme survival' last year." ”

Mr. Ren nodded but did not express his opinion, and another executive at the meeting agreed with the statement: "I also agree with cooperation, the overall potential external pressure is greater than the internal competition, if foreigners get stuck with us in the future, there is no need to fight, all are finished." ”

At this time, Mr. Ren said: "Yes, now we should twist into a bundle and unite the backbone forces to deal with stronger opponents and more combat effectiveness, as for the potential internal competition that may break out in the future, that is a matter of the future, and there must be a future." ”

"That being said, what if it's wishful thinking on our part? The key is what Luo Sheng thinks? Would he be willing to cooperate? One of the executives at the meeting said.

For a while, everyone didn't dare to pack a ticket to speak, Xu Zhijun said with a smile: "A living person can still be suffocated by urine, cooperation can't all rely on guessing, see it, talk about it to know if it can be done, then I'll go to Sioux City to visit the legendary 'son of the Internet'." ”

Xu Zhijun's proposal was quickly unanimously approved, and the matter was finalized.

……