Arms Tycoon: Started by cheating on tens of billions of dollars in orders

However, when Lin Yi inspected the R&D team of Lianxiang Group.

He was immediately stunned. The entire Lianxiang R&D team only had a few hundred people.

You must know that this is a company with tens of thousands of people.

But there is only this R&D team, which is not even as many as Fengyi Technology’s R&D personnel now.

Although Lianxiang’s R&D expenses reach tens of billions per year, which is relatively high in absolute terms, as a proportion of revenue, the R&D expense rate in each fiscal year is also around 2%.

However, in the financial report, employee compensation expenses accounted for more than 60% of R&D expenses.

Yanagi Funatomo alone received a salary of US$5.23 million in 2015.

Others including Yang Yuanqing, although their salaries were lower than Liu, were all over US$2 million.

As a result, the”407″ R&D funds of tens of billions per year were reduced by employee salaries, and in the end, there were only one to two billion Chinese dollars.

Looking at Warwick, its R&D expenses generally account for 15-25% of its annual revenue.

In the latest 2016 Warwick annual report, R&D expenses are as high as 764 yuan, which is even less than one-thirtieth of Lianxiang’s.

Lin Yi looked at Lianxiang’s R&D staff, there were two or three big cats and kittens.

Looking at the group’s turnover, as of December,

2016, Lianxiang Group’s turnover was US$51.0379 billion, and its net profit was US$535 million.

Judging from this ratio, the profit is only 1%, which can be said to have created a new low among technology companies.

To be honest, Lin Yi couldn’t bear to look at this data after seeing it.

Looking at Fengyi Technology’s mobile phone batteries, the profit margin has remained above 400%.

As for Lianxiang, Lianxiang computer sales have ranked first in China since 1996, and in

2012 it ranked first in the world. However, why are profits so low with such high sales?

The reason is simple. When you dismantle the inside of Lianxiang’s computer, you will find that none of the high-tech products belong to Lianxiang.

To be honest, Lin Yi didn’t know the seriousness of Lianxiang’s internal affairs until this moment.

However, he has always been excited by the concept that if there are difficulties, we must overcome them.

He owns an arms system, not to mention that he earns US$1 billion in profits every month.

Just talk about the high-tech technology inside.

He still doesn’t believe that he can’t reshape Lian Xiang.

With Lin Yi settling in the Lianxiang Group headquarters building.

This breaking news immediately appeared in major media and hot searches.

Only then did many ordinary people realize that the Lianxiang Group, which they were closely related to, had actually changed its boss.

After learning about it, the person who settled in Lianxiang turned out to be Lin Yi, the third richest man in the country, the 34th richest man in the world, and the richest man in Shanghai.

Ordinary people may be surprised that the Lianxiang Group’s boss Liu has just been taken in, so how come the Lianxiang Group suddenly changed hands.

There are also new bosses coming in, which will bring differences to Lianxiang Group from time to time.

But everyone who knew the inside story took a breath of cold air.

You know, many entrepreneurs have witnessed what happened to Lin Yi and Liu Funji.

At first, no one took it seriously.

After all, this was just an ordinary quarrel, but things quickly developed beyond these people’s expectations.

The first thing the two sides started was a war of public opinion.

Those in the Taishan Society started a war and tried to discredit Lin Yi.

As a result, Lin Yi fought back, and Penguin, NetEase, Sina and some mainstream media remained silent.

The Internet trolls were used to directly reveal the negative information about Lian Xiang and Yanagi Funato.

However, at this time, these entrepreneurs still don’t know what will happen to both parties.

It is impossible for Yanagi Funji to be brought down because of public opinion.

However, the result was beyond everyone’s expectations.

What was thought to be impossible became a reality.

I don’t know what happened to Liu Funji, but he was arrested by the Security Bureau.

And not only him, but also Lian Xiang and some people from the Chinese Academy of Sciences were sent in, and there has been no news yet.

However, at this time, Lin Yi began to block Lianxiang Group in the Hong Kong stock market.

After successive battles, Lianxiang obtained absolute controlling interest.

As a result, this company that should be an enemy to Lin Yi became his own. 0..

And Liu, who is known as the Taishan Beidou in the Dragon Kingdom’s business world, is now being rejected by everyone, and everyone has distanced themselves from the relationship.

And it is estimated that this person is in custody and does not know that Lianxiang Group has been lost from his hands. (To read Baoshuang novels, go to Feilu Novel Network!)

When Emperor Lei Xiaomi heard these, each one shocked him more than the last.

As a witness to what happened at that time, he has the right to speak more than anyone else.

However, just because of this, he felt even more shocked.

The way he turned his hands to make clouds and rain made his spine shiver.

But everything else was easy to explain, except for one thing he still didn’t understand.

That is what Ryu Funji has committed that deserves the country’s use of national security to arrest him.

He did not believe that public opinion alone could evolve into this.

As a rich man in the Dragon Kingdom, he knows better than anyone else that public opinion can indeed affect some people and things.

But this is not absolute. There are some people who are superior to others. It is difficult to deal with them by public opinion and the law alone.

Even if he does have a problem.

And Liu is this kind of person.

So, he was curious about what was going on.

However, given his status, it is naturally impossible to know.

The DWS platform is like the high-energy neutrons in a nuclear bomb. Without it, the nuclear bomb would be just a pile of scrap metal.

But with it, nuclear bombs would cause terrible changes[]4.2 But Liu was defeated not at the hands of public opinion, but at the hands of an unequal enemy.

But, no matter what, Ji Yi became the winner of this war.

Not only did Liu end up in jail, he also lost his company and became a complete loser.

As a result, Ji Yi received congratulatory calls for several days.

After all, there are few people in this world who provide help in times of need, but there is no shortage of icing on the cake.

Many of the people on these calls were people he had never met before.���Familiar business figures.

It can be said that Lin Yi established his position in the business world through this battle.

From now on, he will not only be the new richest man in Shanghai, but also a person who cannot be messed with in the business world.

（PS:I beg for flowers, rewards, and evaluation votes for my new book. Your support is the author’s motivation! ).