Sina Science and Technology News, on March 27, Infinity released its 2005 fiscal year annual report.

From January 1, 2005 to December 31, 2005, the company achieved operating income of US$50.633 billion, a year-on-year increase of 37%, net profit attributable to the parent company of US$14.614 billion, a year-on-year increase of 47.42%, and basic earnings per share of US$3.72.

Among them, the operating system and software business developed in cooperation with Microsoft have a net profit of more than 2.7 billion US dollars, a license fee of 1.94 billion US dollars for various technology patents, and a sales revenue of nearly 1 billion US dollars for instruments and equipment.

The highest proportion is still the smartphone business.

Smartphones, the annual shipment reached more than 60 million units, although the domestic sales can almost be described as a surge, but its main source of profit is still from Europe and the United States.

After all, in this era, the exchange rate difference between the US dollar and the euro and the yuan is still very huge.

In order to make smart phones popular quickly, Chen Weidong has lowered the domestic price again and again, and even cooperated with mobile, telecom and other operators to vigorously promote the activity of charging phone bills and giving away mobile phones for free.

In the end, good results were achieved.

It is worth mentioning that many merchants in Huaqiangbei do not know where to get semi-finished parts of smartphones.

Such as screen assembly, middle frame assembly, motherboard and other main modules of mobile phones.

After installing some unknown brands of inductors, memory, batteries and other small accessories, and repackaging, this kind of "assembly machine" was sold to some economically backward towns and villages in China at a very low price.

There are many of them, and the profits are also very considerable, and no one has earned the first pot of gold in their lives through these assembly machines.

According to the statistics of relevant people, the industrial chain is very large, and the scale even exceeds tens of billions.

But strangely, Infinity did not make any statements about this.

Even the market supervision department in South China has adopted a "I don't know anything" attitude, acquiescing to the existence of this "gray" industrial chain.

Of course, the premise is that these merchants must pay taxes normally.

Although Infinity started by relying on the financial industry, it invests more than 100 billion yuan in entities and scientific research projects every year.

No one knows better than Chen Weidong the importance of mastering core technology.

The development of finance is driven by science and technology, and scientific and technological innovation is inseparable from financial support, the two complement each other, without technology, any "storytelling" behavior in the stock market is a bubble, and it will burst as soon as it is poked.

After so many years of investment, the laboratories of the six major disciplines have basically relied on relevant commercial products, technology licensing and other methods to achieve varying degrees of profitability.

Embarked on the path of a virtuous circle.

There are only biological laboratories, which are still in a state of making ends meet.

Speaking of which, although Infinity has truly grown into a high-tech group that relies on high technology to win high profits, the company's expenses are still a problem that cannot be ignored.

It's just that the company's business is still in a period of rapid growth, and I can't see it.

Do businesses survive on profits?

Of course not.

The 90s of the 20 th century was the most brilliant decade of economic development in the developed countries of the West, but many enterprises still went bankrupt and went bankrupt.

Various data show that for every four bankruptcies and failures during this period, three were profitable and only one was loss-making.

This shows that businesses do not survive on profits.

So, what exactly do businesses rely on to survive?

The answer is that enterprises survive on cash flow, and as long as the cash flow fails and the capital chain is broken, the enterprise will definitely die.

In particular, the manufacturing industry of mobile phones, which requires a large number of workers and is extremely dependent on the growth of orders, will always occupy a lot of capital while expanding production.

The wages paid to workers by Infinity are much higher than the average of the same industry, which directly becomes the main factor affecting the surplus profit.

Within the company, some people have repeatedly proposed to replace those simple processes with automated instruments and equipment, so that there is no need to recruit so many workers, so as to achieve the purpose of reducing costs and improving production efficiency.

Even a number of developed countries in the West were listed as references.

Chen Weidong didn't think about it and directly vetoed the proposal.

With the current national conditions in China, it is not suitable to use large-scale automated instruments to replace manual labor.

If machines are capable of low-end repetitive work, it is inevitable that people with cheap labor will lose their jobs, and those who work in the automation category will create more wealth, but cheap labor will be more devalued, which will further exacerbate distribution inequality.

It has caused many social problems.

Not to mention structural imbalances such as overcapacity.

This will take a long time to make a gradual transition.

After all, technology is always for people, not for eliminating people.

In addition to this, some bad things happened to the company during this period.

Even Chen Weidong couldn't help but scold.

Because, in many places in the company, he saw it, and his picture was hung on the wall!

And it's also with a lot of scientists.

This made him, who has always had a good temper, can't help but scold: "Who hung it up?" I'm not a fucking dead man! Even if I lived for a few hundred years, I wouldn't be Einstein if you had covered the entire wall with my pictures! ”

The subordinates ran away in a gray manner and collected Chen Weidong's photos from various offices.

In fact, they don't just want to make a sycophant.

For the vast majority of people in the company, Chen Weidong is a miracle in itself, and for many people who live by him, they still prefer to choose to follow Chen Weidong when they choose between Chen Weidong and Einstein.

It is also common in the world to make money from the financial market, set up a high-tech company, engage in industry, and engage in scientific research.

However, after opening a high-tech company, it has become a genuine, cutting-edge high-tech company, and has achieved incredible success in machinery, semiconductors, optical instruments, commercial aerospace, computer software and hardware.

This is also rare in the world, let alone in China!

For the employees of Infinity Company, the boss can achieve today's achievements from scratch, even if it is not described as a peerless genius, it is a rare genius in a century!

Within the company, there are many people who have personality worship tendencies for Chen Weidong, Chen Jie, and Lin Zeju, the three general managers.

But Chen Weidong didn't like it, and even resisted it.

He knows his level.

He admits that as a reborn, he has forward-looking advantages in many things, but whether it is finance or on the road of scientific and technological development, his keen perception still surpasses many people.

He can accept others to see him as a wise and sensitive person, but he can't accept it, so that the whole company worships him as an omniscient god.

Anyone, no matter how smart he is, makes mistakes.

If everyone is accustomed to relying on him for directions, then this company, strictly speaking, is already finished.

It loses the all-important self-confidence and ability for self-development.

It's not going to go far.

2 April, 2006.

Infinity Mutual Fund.

In a specially renovated office.

Chen Jie was leaning on the sofa, closing his eyes, quietly feeling the pleasant female voice coming from the stereo.

The song "Favorite" was played over and over again.

Zhou Huimin's slow voice is sweet and tactful, affectionate and irresistible, and at the same time gives people a looming feeling.

This is the kind of music that belongs to the glorious 80s and 90s of the HK Phil, and after listening to it, people will always have a deep nostalgia for the golden years that have passed.

If there are audiophiles here at this time, they will definitely be shocked.

Because in this office, aside from other lighting equipment, the two customized Karma speakers in front of me alone have exceeded more than 10 million yuan.

Click

The knob of the doorknob in the office emitted a crisp metallic sound.

Several figures walked in, and Chen Jie didn't know it.