In early March 1977, a building in the Tsim Sha Tsui Commercial Centre in Kowloon East was put into use, with flower baskets at the door. This is the headquarters building of Longhua Technology.

The dignitaries and business partners who participated in the ribbon-cutting have all left, and those who remain at the scene are old friends. Li Guocheng led everyone to the 28th floor of the top floor. This is his chairman's office area, which occupies the entire floor.

Office, exercise, reception, laboratory and rest area, all available, the entire 28th floor is only one person, and the 27th floor shares a dedicated elevator.

After visiting the top floor, everyone returned to the spacious and bright office, and they were all amazed.

"Aaron, you are too good at enjoying it, and you are too extravagant, one person occupies a whole layer", Brother Kun said enviously.

"The only fly in the ointment is the lack of a few female secretaries", Ah Wei is three sentences without leaving the bank.

"You said that you are already the chairman of the entire group company, and you have built such a large laboratory, are you tired!" , Ah Sheng said.

"That's it, it's time for you to relax, you just need to take the helm, and leave the rest to Chen Li and them", Brother Hua said sincerely.

"As you know, I'm just a technician, and if you don't let me do scientific research, it's like not letting me eat," Li Guocheng quibbled.

"I also expect you to star in a few more of our company's movies, and when I saw your layout today, I knew that there was no drama", Ah Rong joked.

"Spare me, once is enough, and I will never suffer from that sin again. I'm still good at research."

"I heard that Longhua will vigorously invest in the mainland in the future, and it won't be wasted", Brother Kun said everyone's thoughts, and everyone became serious.

"How did our industry in Xiangjiang develop? OEM, the reason is a large number of refugees in Xiangjiang, who provide a large number of cheap labor.

In recent years, the mainland has established diplomatic relations with several major countries, and opening up to the outside world is inevitable.

What will happen to the abundance of cheaper labour in the hinterland? A large number of bosses in Xiangjiang will transfer their production lines to the mainland, and foreign capital will transfer a large number of low-end industries to obtain high profits.

Therefore, not only Longhua Private Equity will invest in the mainland, but Longhua Technology will also establish a production line in the mainland. The low cost of production will make your jaws drop."

After some exchanges, these large private equity clients have dispelled their worries and become extremely excited.

After everyone left, Li Guocheng remembered the current situation of the headquarters building. Shaking his head and laughing, "It's still too slow to develop."

The 27th floor is the headquarters office area, and the general manager and other related supporting departments are all concentrated on this floor.

The 26th floor is the Semiconductor Division, which, in addition to the office area and various laboratories, has a small production line dedicated to semiconductor experiments.

The 24th~25th are materials laboratories, and all of them are various laboratories. At present, there are more than 110 materials engineers, many of whom are hired by developed countries with high salaries, and there are several laboratories that cooperate with several universities in Xiangjiang.

The 1st ~ 2nd floors are occupied by the Dream Workshop, the ground floor is the exhibition area and property office, and the second floor is the design room and the upper production line.

The 3rd~5th floors are occupied by the Game Division. The 3rd floor is the office area and the game product exhibition area, and the 4th and 5th floors are dedicated game production lines.

There are three floors in the basement, all of which are parking spaces, and a car maintenance center has been established at the entrance of the basement level to maintain and wash the cars of the building's employees.

Of course, there are not many cars in the building now, and this parking lot also carries out external parking services.

There are a total of 14 floors in the middle and three basement floors that are managed by the property management company and used for rent.

All floors of the Delta Industrial Building have been converted into semiconductor production lines and battery production lines, which not only produce transistors, but also undertake foundry operations.

The old factory building has now been developed into a family building with a height of 24 floors. Due to the small size of the lot, only one building was built. All sold or leased to employees of Longhua Technology at a low price.

Of course, there are no Longhua department managers and above executives here, because they are all influenced by Li Guocheng, and they either buy villas or apartments with better locations.

If you don't have enough money for the time being, you can also apply for a low-interest loan from the union.

Since Longhua Technology has always insisted on not going public, all distributable profits are distributed in dividends and benefits.

This kind of behavior, which is incompatible with the current business society in Hong Kong, has aroused a series of discussions among Hong Kong economists, some in favor, but most of them are against.

One of the most representative programs of "30 Points of Economy" has invited experts to discuss many times.

News Anchor: Recently, a tech company's plan to go public has sparked discussion among economists, with some expressing support and others expressing concern. Now let's take a look at these different voices.

Economist A: This technology company is an innovative enterprise with strong technological strength, and it is expected to be a growth hotspot in the next few years. Its IPO plan can not only raise funds for the company itself, but also drive the development of the entire technology industry and contribute to economic growth.

Economist B: However, we can't ignore some of the side effects of going public with tech companies. Excessive publicity, false propaganda, and irrationality in the market can all lead to market volatility, which in turn affects the economy as a whole. In addition, the listing of technology companies may also bring some social problems, such as excessive concentration of resources.

。。。。。。。

News Anchor: There are two different voices heard, and we need to dig deeper into this issue. It is worth mentioning that in the current changing international environment, the listing of technology companies may be an important opportunity, and more management and regulation are also needed to ensure good market order and enterprise development.

The discussion in society has also affected the company, and it is slowly becoming a hot topic within the company.

Seeing that the situation was getting worse and worse, a middle and high-level meeting was organized at Chen Li's suggestion.

The above news discussion is a television replay that was shown before the meeting.

"Everyone should have seen that we have not been listed and have been affected by public opinion, if after listing, within a few years, there will be social capital into the company.

The essence of capital is to make quick profits, and they don't care about the long-term development of the company. They use the media to mobilize public opinion, and when the time comes, what should we do?

We are a technology company, and our current R&D investment is not less than 30% of our profits every year. What should we do when they ask us to reduce our R&D investment?

Our company has been benefiting our employees in terms of food, housing and transportation, and these capital requirements at that time reduced this part of the investment, what should we do?

If it goes public, the company's plan is not up to us, and a wrong investment can lead to a disruption of the company's cash flow. What will we do? ”

Li Guocheng's four consecutive questions made the participants fall into deep thought.

Everyone understands that the reason why the company is developing fast now is inseparable from the vision of the chairman. Everyone participated in Longhua private placement, and every big investment direction was given by the chairman.

It proves correct every time, like the chairman can predict the future.

Through this conference, Longhua Technology unified its thinking and firmly believed that it was the right choice not to go public.

Thank you all for your support!! Ask for recommendations! Ask for a commuter pass! Ask for a review!

(End of chapter)