My Age of Investment

The executives of Conscience Holding Group and its subsidiaries respectfully welcomed Xia Jingxing and his party into the company.

In just a few steps, everyone tried their best to express themselves in front of the new boss, hoping to leave a good impression on Mr. Xia.

A few years ago, Xia Jingxing had a bad relationship with his business godfather, which triggered a series of confrontations and conflicts. For example, Mu Zhixin used the resources of the Conscience Holding Group to block visionary startups operating in the mainland, and the group of Conscience Holdings in front of him The senior executives, one after another, are all Mu Zhixin’s accomplices and accomplices.

Although they were only obeying the orders given by Mu Zhixin and were not the real instigators, there was no guarantee that Xia Jingxing would not hold a grudge and eliminate them as Mu Zhixin's remnants.

Therefore, this group of people are relatively pessimistic about the future. The reason why they are delaying resigning is because they are trying to show Mr. Xia's mercy.

After all, for a company as big as Conscience Holding Group, Xia Jingxing was new to the company and still needed a few guides.

In fact, since the Conscience Holding Group experienced a major personnel turmoil last year, most of Mu Zhixin's direct cadres have been wiped out.

When the news came that Fuxing Industrial Group had officially acquired Conscience Holding Group, a large number of executives who were lucky enough to have escaped last year's major case, but were afraid of being liquidated by Xia Jingxing in the future, took the initiative to submit their resignation reports.

The executives who are still sticking to their posts, waiting for Xia Jingxing to bring people to take over, basically have nothing to do with Mu Zhixin.

But it is unrealistic to say that they have nothing to do with Mu Zhixin and have never crossed paths.

Mu Zhixin has been in charge of Conscience Company for more than 20 years. He has many disciples and grandchildren, and his influence has penetrated into every corner of the company.

Therefore, if Xia Jingxing wants to take control of the Conscience Holding Group as soon as possible, it is impossible and impossible to engage in a series of sit-ins.

However, this does not mean that he will reuse these conscientious people who plan to take refuge. Who knows whether they really have conscience?

After receiving Xia Jingxing's order, Deng Yuanjun had been preparing to take over Conscience Holdings Group since last year. Not only was he always paying attention to various changes in the company, but he also conducted in-depth investigations on more than a dozen current senior executives.

Leaving aside whether these people can still be used, the biggest investigation found by Deng Yuanyun's team is that the Conscience Holding Group has serious internal problems, including rigid corporate mechanisms, deviations in corporate culture and many other problems.

Although Huake Holdings has sent people to rectify it once in the past year, that rectification did not fundamentally solve the various shortcomings within the Conscience Holding Group.

In other words, Xia Jingxing's successful takeover of this company is only the first step. There is still a lot of work to be done next, not only to comprehensively reform and cut out the rotten flesh of Conscience Holdings, but also to inject blood into this company to make it become like Fuxing Industrial Such an enterprise is committed to technological innovation.

Li Guangnan, as a banner of the conscience company, the predecessor of the conscience holding group, has been expelled by Mu Zhixin for more than ten years, but his influence on the current conscience holding group has been minimal. Young employees and grassroots employees who joined the company after entering the new century may not recognize him. A "chief engineer".

However, Li Guangnan's situation in this life is much better than that in his previous life. After being hired as a consultant by Xia Jingxing with a high salary, this "crazy old man" rides an old bicycle to and from Wudaokou every day, shouting "Chip ~ Chip ~" "Suddenly transformed, he became the "bugler" who sounded the clarion call for China's scientific and technological attack.

Li Guangnan can often be seen speaking eloquently at press conferences and symposiums on many technological products such as Fuxing Cloud, Fuxing Mobile, and Fuxing AI at home and abroad.

College students from hundreds of key universities in various provinces and cities across the country are even more familiar with this old man, because this Santa Claus-like old man brings gifts to the school every year to give speeches, and distributes them on the spot to outstanding students who correctly answer his questions. A small gift, a latest Fuxing mobile phone or tablet.

Seeing that what the old man and his team said was cutting-edge and cutting-edge, and for the sake of giving small gifts, students from various colleges and universities welcomed the old man as a guest, and every lecture was packed.

The old man was benevolent and got what he wanted. While participating in China's scientific and technological progress led by Fuxing Industry, he promoted his theory of "serving the country with science and technology" to college students.

Every year, thousands of students are influenced by the old man and choose to join technology companies such as Fuxing Industrial and Overseas Holdings, or sign up and successfully pass the selection of the Vision Entrepreneurship Incubator to start their own business.

It can be said that with the support of Xia Jingxing's money and resources, the old man's name has spread all over the country, and he is loved by countless students on university campuses.

After ten years of research and development, no one asked, and it became famous all over the world.

Li Guangnan should feel this way, but he has not forgotten his original intention because of his increase in fame. He still lives in a rental house in Wudaokou, and he has not kept any of the millions in consulting fees provided to him by Fuxing Industry every year. All the money was donated and a small scholarship was established.

This is not the first time that the old man has treated money like dirt. He spent a huge sum of 80,000 US dollars to buy equipment and brought it home to donate to the Computing Institute of the Chinese Academy of Sciences. The research and development of Hanka won the first prize of the National Science and Technology Progress Award, and the Chinese Academy of Sciences won the first prize. He was awarded a bonus of 500,000 yuan, all of which he donated to the graduate school affiliated to the Chinese Academy of Sciences to purchase equipment, establish electronic classrooms, and supplement the scholarships established by Conscience Company in universities. When Mu Zhixin fired him and deprived him of his equity He was offered to pay him 5 million in hush money, but he didn't ask for any of this money.

Times have changed, and the old man's skills and vision may not adapt to the new era, but his integrity and dedication are still worthy of admiration, so Xia Jingxing decided to offer him up and help the old man realize his dream.

Now Xia Jingxing is about to help the old man fulfill his last wish.

He planned to invite the old man back to Conscience Company, without assigning him any important position. Even if it was just as a spiritual symbol to reshape the corporate culture of Conscience Company, it would be great.

The biggest problem for conscientious companies in the past ten years and even now is that there are too many tricks, which lead to the company going astray. The company increases revenue but does not increase profits. A group of shareholders and executives have bulging pockets, but this does not affect the low-level employees in technology. The salary of the last person in the industry.

This kind of sluggish style cannot be quickly reversed by just cleaning up Mu Zhixin and his gang. The conscience company needs to be given a strong dose of medicine!

So, as soon as a group of people sat down in the conference room, Xia Jingxing began to write prescriptions.

“Facts have proven that the various strategies formulated by Conscience Holding Group in the past have become ineffective and are no longer suitable for today’s era.

Starting today, Conscience Holding Group must make major changes. "

Hearing this, a group of executives of the Conscience Holding Group felt a deep chill in their hearts. When Xia Jingxing's sharp eyes swept over him, no one dared to look at him, let alone raise objections.

Xia Jingxing smiled slightly, and then cast a look at Lin Bing, who understood and said in a deep voice: "First of all, Fuxing Industrial Group will buy back 35% of the equity held by the Employee Stock Ownership Association and complete 100% of the ownership of Conscience Holding Group. Holdings.”

Several conscientious holding groups look at me and I look at you, but no one has come forward to express their opinions for a long time.

Seeing this, Xia Jingxing smiled and said: "No need to panic, this is just to facilitate the conscience holding group to achieve better development, because only with a unified voice can everyone be united."

I think they want to completely annex Conscience Holding Group, right?

The executives of the conscientious group secretly complained in their hearts, but they did not dare to speak out.

Xia Jingxing motioned to Lin Bing to continue saying that they were not here to discuss with these conscientious people today, but to issue a notice.

If you're interested, then cooperate; if you don't know how to appreciate it, get out!

Lin Bing continued: "Of course, we will also give a fair and just price for this part of the equity, which will not be lower than the price at which Conscience Holding Group is listed on the Beijing Stock Exchange."

After hearing this, the executives of the Conscience Holding Group felt a little better.

Lin Bing looked at this group of people and said: "I still need to ask you to do some ideological work on the staff side. This matter cannot be delayed and needs to be completed as soon as possible so that we can carry out the next step of the work."

Finally, an executive of Conscience Holding Group could no longer hold back and asked, "Mr. Lin, will Conscience Holding Group become a member company of Fuxing Industrial Group?"

Hearing this, other people also turned their attention to Lin Bing. They all felt that Fuxing Industry was acting too domineering and was driving them with a commanding tone.

"Won't!"

Lin Bing spoke calmly, glanced at Xia Jingxing, and then continued: "Fuxing Industrial has only one holding company, and that is Fuxing Industrial Holdings. The strength of the Conscience Holding Group is not enough to form a separate sub-group."

These words were a bit heart-wrenching, and made all conscientious people present feel quite humiliated.

Obviously, they were humiliated too early, because more humiliation was yet to come.

“Our next plan is to take full ownership of Conscience Holding Group and then fully acquire four major subsidiaries.

For example, the Conscience Group was delisted from the privatization of Hong Kong stocks and renamed Conscience Technology. Its main business focuses on computers and mobile phones.

In addition, Conscience Technology will be included in Fuxing Consumer Electronics Group and become one of the latter’s core subsidiaries. "

Several executives of Conscience Holdings looked at Xia Jingxing with complicated eyes. They originally thought that Conscience Holdings would become a subsidiary of Fuxing Holdings. It turned out that they had thought too much. They could not be sons and only deserved to be a grandson company!

Lin Bing's mouth was like a barrage of cannons, and he continued to fire off big moves: "Rongke Zhidi merged into Sunchi Real Estate, and the two companies were merged and reorganized into Fuxing Land.

Fuxing Land will no longer engage in private real estate market development in the future. All land will only be used to build its own employee communities, office buildings and technology parks, as well as to engage in the operation and management of its own properties under Fuxing Industrial Group. "

The conscientious holding executive swallowed his saliva, Raycom Intelligent Land was also finished, and it did not even gain the status of Sun Company, and directly became part of Fuxing Land, or more specifically, a property company.

Lin Bing was afraid that he would be angry like the others and continued to introduce his plan: "Since Fuxing Industrial already has a 100-billion-dollar Fuxing Industrial Investment Fund, it has overlapping functions with Legend Capital and Hony Capital, and the investment directions of the three funds are different. Same.

So we decided to sell Legend Capital and Hony Capital to Vision Capital, the strategic partner of Fuxing Industrial Group. "

A group of executives of the Conscience Holding Group can no longer sit still and want to dismember the entire Conscience Holding Group!

If this plan is really implemented, it doesn't matter if the Conscience Holding Group disappears into thin air. The key thing is, will they still have a place?

Thinking of this, someone immediately asked: "Mr. Lin, is this plan too radical? And it has greatly weakened the brand value of conscience?"

Lin Bing smiled faintly. This was a split plan that he and Mr. Xia had painstakingly researched. Is it radical? What a joke!

Only by smashing all the bottles and cans of Conscience Holdings can the brand "Conscience" be redeemed and return to its main business of technology.

Engaging in real estate and finance will only distract the company's energy and lower the quality of the brand. The reason why our conscience has come to this point is because of this diversification.

Seeing that Lin Bing remained silent, another conscientious executive from the holding company immediately stepped forward to help: "Mr. Lin, think again. Hony Capital's asset management scale exceeds 30 billion yuan and is one of the largest PE funds in China. You just gave up. Isn’t it a pity?”

Lin Bing smiled and said: "It's not a pity, because we have a fund of 100 billion, and more than two-thirds of the funds have not been invested yet. Why do we have so many funds in our hands? We might as well exchange some money to inject money into our conscience. Technology is cost-effective.”

A group of executives of the Conscience Holding Group were speechless. Fuxing Industrial was so strong that the fund started with RMB 100 billion. In comparison, the asset management scale of Hony Capital was more like a joke.

"What about Legend Capital? This institution can invest in the early stage and is a powerful complement to Fuxing Industrial Investment in the investment stage!" Someone immediately asked without giving up.

Lin Bing sighed slightly in his heart. If it were not for the existence of Vision Capital, Legend Capital could be retained, but who made Mr. Xia's family great? There were so many investment brands under it that they were about to fight, so they had to be integrated.

"Legend Capital is a market-oriented VC fund, and Fuxing Industrial Investment is a CVC corporate venture capital fund. They focus on different investment directions, so again, focus on the main business and go deep and thorough!"

After hearing these words, several executives of the Conscience Holding Group felt as if they had eaten a lot of food, and they had already begun to think about quitting.

Originally, they stayed to bet on whether Xia Jingxing would let them go, but it turned out that this man was indeed a ruthless capitalist, determined to tear the Conscience Holding Group to pieces, so what was the point of them staying?

Xia Jingxing looked at everyone present with a smile, taking in everyone's expressions and reactions.

He had already calculated that the Conscience Holding Group must be broken up in order for this company to truly integrate into the Fuxing Industrial System.

The revenue of Fuxing Consumer Electronics Group has long surpassed that of the Conscience Group, and its profits are even lower than that of the computer assembly company. What qualifications does the Conscience Group have to be tied with Fuxing Consumer Electronics?

Separate the core computer and mobile phone business into Fuxing Consumer Electronics Group, firstly, to make up for the lack of computer business, secondly, to complete the matrix layout of high, medium and low-level mobile phone business, and thirdly, to make Fuxing Consumer Electronics There are many benefits to bringing a conscientious computer and a conscientious mobile phone with you.

It's not that he wants to vent his personal anger, but from a practical point of view, because only when the Conscience Holding Group is completely shattered can it build a stronger foundation.

Lin Bing glanced at several executives of Conscience Holding Group whose faces turned livid, and said calmly: "Don't feel humiliated, Conscience Group has been off the list for two consecutive years since it was first selected into the Fortune 500 in 2008. .

Fuxing Consumer Electronics Group entered the Fortune Global 500 for the first time this year, ranking 480th with revenue of 119.79 billion yuan (equivalent to 17.69 billion U.S. dollars).

Both revenue and ranking figures exceed the US$16.8 billion revenue and 499th ranking achieved by Conscience Group in 2008.

Since "Fortune" magazine only counts revenue in fiscal year 2009, the huge revenue growth achieved by our tablet computer and Renaissance FX3, which were just launched this year, are not included in the statistics.

When next year's Top 500 list is announced, we are confident of entering the top 400 and catching up with Chrysanthemum Factory, which entered the list for the first time this year but has revenue of US$21.821 billion and ranks 397th.

If we include the revenue from conscience computers and mobile phones, next year we will 100% surpass Ping An Group, the number one non-state-owned enterprise in mainland China. Their revenue this year is US$22.374 billion. The gap between Fuxing Consumer Electronics and them is only less than US$5 billion. .

You must know that Fuxing Consumer Electronics Group is only one of the seven major sub-groups and business groups of Fuxing Industrial. Each of the other six companies has the potential to impact the world's top 500 companies. "

A group of executives from the Conscience Holding Group nodded slightly. Lin Bing's words made their minds a little clearer.

Fuxing Consumer Electronics Group is not just the tip of the iceberg of Fuxing Industrial Group, it would be more appropriate to describe it as half of the country.

They are all people who have studied the Fuxing Industrial Group in depth, and generally know how powerful this giant is.

In addition to the relatively lagging development of the three business groups of cloud and intelligence, aerospace and new energy, Fuxing Smart Home, Fuxing Semiconductor and Fuxing Automobile, three companies that have been upgraded to sub-groups, have reached tens of billions or even tens of billions of revenue. The degree of development of income.

Especially for Fuxing Smart Home and Fuxing Auto, their product sales are very high, and their revenue figures are also growing rapidly. However, their profits are very thin, and may not be even one-tenth of those of Fuxing Consumer Electronics Group.

However, these two companies still have great hope of entering the Fortune Global 500, especially Fuxing Smart Home, which is already very close to the threshold for inclusion in the Fortune Global 500, which is about 115 billion in revenue.

Fuxing Semiconductor is far behind. The revenue of its core subsidiary Huaxin International can reach tens of billions. Even if several other subsidiaries are included, it is still some distance away from the revenue of 20 billion.

As for the other three business groups, the revenue figures are even further apart. Most of them, such as the new energy business group, are still struggling to climb in the order of billions. The automotive power battery and photovoltaic businesses are still in research and development and accumulating strength. The few are like Cloud and Wisdom and the aerospace business group, whose revenue is only a few hundred million, which is less than a fraction of the R\u0026D investment.

This is the development status of Fuxing Industrial Group. The development is extremely uneven. It is very similar to Fuxing Consumer Electronics Group, which also has Fuxing Mobile Phones.

For example, Fuxing Consumer Electronics Group is a sharp knife held by Fuxing Industrial, and Fuxing Mobile is the tip of the knife.

This is also true. Fuxing Mobile almost supports the entire brand of Fuxing Industrial.

Lin Bing's eyes turned around a few people and asked: "What do you think of the plan we proposed? Fuxing Industrial has a large platform, and we don't have to just focus on conscience brands and Fuxing Consumer Electronics."

Several senior executives of the Conscience Holding Group understood. This was to remind them that Fuxing Industrial was a big stage. As long as they did well, senior executives of various subsidiaries, sub-groups, and business groups could move to each other for promotion.

Several people looked at each other, no longer feeling as strong a sense of humiliation as before. After all, the business world also respects strength. Fuxing Industrial is China's number one private enterprise. Being able to join a company of this level is a great achievement for any professional manager. Not an insult.

"No problem, we will resolutely obey the arrangements of the headquarters!" Several people replied in unison.

Lin Bing turned his head to look at Xia Jingxing, who nodded slightly. The executives of the Conscience Holding Group were quite sensible. If they couldn't understand the situation clearly and kept bargaining here, then he would take action.

Now that several people are willing to obey the arrangement unconditionally, he can also use the hands of these people to quickly complete the control of Conscience Holding Group and/\u003e

A few conscientious old members have passed the test for the time being. After further observation, they can be absorbed into Fuxing Industrial's system as soon as they are used. If they cannot adapt to Fuxing Industrial's management system and corporate culture, then their use time will be over.

Thinking of this, Xia Jingxing glanced at Xie Yun, who was sitting beside him. This man was also from the Conscience Department and used to hang out with Guo Wei. After Guo Wei ran away, Xia Jingxing promoted him to be the president of China Digital.

After a few years, Xie Yun performed well and won Xia Jingxing's trust.

The other party led the company to open many Fuxing Mobile stores across the country, which strongly supported the construction of offline sales channels for Fuxing Mobile.

Facts have proved that people with conscience are not helpless.

As long as he is talented, Xia Jingxing will not stick to his family background. After all, this is a modern business society, not an ancient feudal society. No one will foolishly loyal to a person who is on the "blacklist" list.

That's right, Mu Zhixin is now officially on the list, charged with job embezzlement.

At this time, Li Guangnan, who had not spoken during the whole process, suddenly turned to look at Xia Jingxing, nodded slightly, and gave the latter a smile. He was obviously very satisfied with Xia Jingxing's arrangement, and Xia Jingxing also nodded slightly in greeting.

So far, the five young marshals who were once known as Conscience, as well as the five major companies behind them, namely Conscience Group, China Digital, Raycom, Legend Capital and Hony Capital, have all been sorted out by Xia Jingxing.

I believe that conscientious computers and mobile phones that are completely de-realized and de-financialized and fully integrated into the revitalized industrial system can emerge from their cocoons and become butterflies and usher in a new life.

If we purely research and develop technology and use technology to drive the company's growth, even if we still cannot break Intel's control over computer CPUs in the end, we will not become a chassis patent factory.