Chapter 376: Grab the cat's tail
Max and the others went in for so long, no one knew what they were talking about, and the sound insulation in the laboratory was excellent, and no sound could be heard.
Seeing them come out with different expressions now, everyone couldn't help but be curious.
"Mr. Rod, do you see anything inside?"
"yes, did you find anything?"
....
Max and Rhodes shook their heads slightly, "I'm sorry, we have to keep it secret according to the agreement."
Seeing that they were unwilling to reveal any information, an agency personnel, the moment they closed the door of the laboratory, stealthily changed positions, looking through the oblique angle of the door.
The lab was empty, and there was nothing.
....
Of course, foreign investment research should provide relevant company information and statements.
In the next few days, the representatives of these consortiums went to the financial department of Infinity Company to conduct a specific investigation of the business situation.
Infinity is very cooperative with this, all the information is well prepared, and there are no irregularities in the statements, only that their performance is climbing sharply every month.
In particular, the monthly shipments of Dimensity computers and mobile phones have reached more than 300,000 units, which makes Wall Street agency personnel jealous.
The municipal officials of South China City looked at each other with happy faces and smiled.
Infinity is now the largest private enterprise in South China, and its number of subordinate employees has surpassed that of Foxconn Group, which has more than 300,000 employees in Longhua District.
It is foreseeable that the economic growth rate of the Special Economic Zone this year will definitely not be lower than 20 percent.
If we can maintain such a momentum of development, it will not take a few more years to surpass Beijing, Shanghai and Guangzhou and become the country's largest economic city, which is just around the corner.
But the Wall Street institutions, their politeness, also ends here.
They immediately asked to check the company's purchase source channels, list details, workers' salary details, equipment lists and other information that they did not need to provide.
The reason is that there is some doubt about the company's costs.
It is very likely that the data on the report does not match the real situation.
Chen Weidong and other high-level members of the company had very ugly faces, and Zhan Hongtian was even more angry and gloomy.
I feel that this kind of behavior is an insult to the financial staff.
However, Max et al. said that listed companies must make their financial statements public in accordance with the law to give investors a transparent investment environment.
Their processes are legal and compliant.
After repeated persuasion, Zhan Hongtian still provided relevant documents, but also explained that these were all company trade secrets, and he was required not to take them out of the company, but only to read them in the company.
It took a few more days for Wall Street agencies to look at all the documents, and the information they got from them only showed that Infinity did a great job of controlling costs!
From the purchase of raw materials to production and delivery, the investigators did not find any waste in the entire flow process, which can be said to have brought the industrial efficiency to the extreme.
The company headquarters has more than 50,000 employees, of which more than 30,000 are engaged in the IT Internet industry, and the rest are engaged in sales, delivery, after-sales, maintenance and other work.
[In view of the general environment,
From another independent report, they were surprised to find that the number of senior researchers at Infinity had reached more than 10,000.
This is the largest expense of an infinity company.
From their statements over the years, it is not difficult to see that R&D expenditure accounts for almost 80% of the company's operating costs, and even one year's R&D expenditure exceeded 150 billion.
This can be described as burning money!
This also confirms the reason why Infinity is often targeted by some foreign short-selling institutions in the first few years of its listing.
Many institutions believe that their performance is not worthy of this stock price.
However, from the last few financial reports, they found that Infinity has turned a profit, and although various R&D expenditures are still large, it has completely shaken off the loss.
Chen Weidong explained that after years of huge investment, the commercialization channels of the six major laboratories are now very mature, and almost every once in a while, the major laboratories will produce some new R&D results.
After that, it is normal to recover R&D funds through various patent licensing and technology sales.
At Infinity's headquarters, Wall Street institutions aren't getting what they want.
So, for the second stop, they chose one of the main components of Dimensity computers, a motherboard manufacturer that helps Infinity OEM.
It is impossible for a factory with such a related business to be without any problems.
The boss of the motherboard manufacturer, a middle-aged man with a bit of a fat figure, greeted them into the company with a smirk.
Being able to give them a smile, although it is a fake smile, is already rare.
No factory owner would like irrelevant outsiders to go to his own territory and see everything through.
The owner of the factory had already received the news from Infinity Company, and knew that these foreigners had bad intentions, so he simply didn't talk nonsense with them, so he directly asked the finance department to send them all the information, and then said, "See for yourself!"
Then, he slammed the door and left.
The representatives of the agency smiled wryly, the factory owners did not welcome them, even the blind knew it.
More than 20 of them, the owner of the factory, didn't even bring them a cup of coffee, just let them sit and look at the mountains of bills.
I'm afraid this investigation will be difficult!
Faced with so much information, they were immediately ready to fight a protracted war.
Since the factory owner did not prepare food for them, the people were already hungry when they arrived at the factory, so a representative of the organization went outside the factory to buy a snack called "finger cake".
They call it a Chinese-style burger.
And the vendors were so enthusiastic that they only charged them ten dollars a piece.
Very tasty indeed.
However, as the information was read, an investigator in charge of accessing the personnel file list suddenly exclaimed, "What?! There are only two hundred and seven people in the entire company? How is this possible?"
Everyone was shocked.
They did seem to feel very quiet when they entered the factory, no, something strangely quiet.
It didn't look like a super-large processing company that produced hundreds of thousands of motherboards a month, and they didn't pay much attention to this phenomenon because of the attitude of the factory owner at that time.
This is very different from the usual scene of people coming and going in other large manufacturing factories.
They immediately went through the personnel information of the factory.
There are really only more than two hundred people in this factory!
Among them, there are more than 100 people, who are still technicians, and as for the front-line production workers, there are only more than 30 people!
There are two personnel departments, six sales departments, and eight material procurement, and the freight is entrusted to a logistics company called Shunfeng Express, and there is no customer service department.....
As for the repair department, the number of employees is zero, and the damaged motherboards are sent to the factory next to the material laboratory of Infinity and repaired by robots.
It's something they've seen before.
In addition to the technical department, the largest number of people turned out to be the security department, with more than 30 veterans, responsible for maintaining the safety of the factory.
This factory, from any point of view, is like a dedicated production workshop, and many of the necessary departments in other companies, they have not set up.
It seems that its sole purpose is to provide computer motherboards to Infinity.
Wall Street institutional people
The staff was overjoyed.
Finally, let's catch you by the tail, we don't believe it, as a normal manufacturing company, only about 200 people, can produce hundreds of thousands of computer motherboards every month?
Fool it!
There's definitely something behind this!
As long as you find specific clues, look at you infinity companies, what else can you say, it is definitely malicious dumping!
"Let's go! We don't need to look at the information, let's go directly to the site and see how they produce and supply the motherboards needed by half of the computer market!"
The representative of the Chicago consortium was the first to stand up and strode out.