My Return to Life

31. Test the capital tolerance boundary

December 31, 2013, the last day of the calendar year.

Tuesday.

The north, um...probably the north of Lingnan, has basically entered winter.

For example, Shencheng.

But Yangcheng is different. The high temperature is still 18°C ​​today, not just today, it has been like this recently.

sunny.

Autumn is refreshing.

It stands to reason that neither Fang Nian nor Lu Weiyu should still be in Yangcheng today.

Even though Liu Xi has already acted as the chairman of Frontier, and it will be officially announced in the afternoon that Liu Xi will become the rotating chairman of Frontier for the next three years;

According to the procedure, Fang Nian and Lu Weiyu should also attend the annual annual summary and shareholder dividend meeting.

But Fang Nian had no intention of going to Shanghai.

Liu Xi, Wen Ye, Gu Yu, Bai Porridge, Tan Liu, Wu Fucheng and Guan Qiuhe didn't intend to come to Yangcheng either.

In Fang Nian's words:

"Retirement is a complete retreat. You can discuss it and tell me the result."

Of course, Fang Nian is not unprepared for anything, he just doesn't participate in this year's annual summary and New Year's outlook, nor does he participate in dividends.

The former must be handed over to Liu Xi to control.

The latter is the baseline that was set last year.

The only thing that is certain is that because of the low-key rise in 2013 and the low-key toss, the people in the front office will have relatively generous benefits.

It's just that these benefits basically come from five capitals.

so……

This was one of the reasons why Fang Nian didn't go to Shanghai.

Anyway, at the front office level, this year's dividends will be quite low.

After all, Frontier Angel has transferred all the money-making investment projects to Wu Capital.

In fact, it is equivalent to tilting the most cost-effective trading resources in the past.

Besides, Fang Nian did not go to Shanghai for another reason.

Wait for a call.

Although the double-W battle that lasted for nearly a month has come to an end in a general sense.

With a throw of the hook, many big fish were caught, and many problems were solved in one go.

And it can be said to kill monkeys and frighten chickens.

But from Fang Nian's point of view, things have just begun.

It's as if, in the eyes of the public, Frontier has developed so well that it was conspiratorial to retire in the previous year;

But no matter from the perspective of Fang Nian or from a higher perspective, the development of the frontier has just begun.

This is why Fang Nian must push Liu Xi up.

Because only Liu Xi has the ability to control the situation in the next three years, Fang Nian must spare some energy to deal with a wider and more complicated situation.

Frontier now has rivals.

Its opponent is the basic technology maintained by the entire Silicon Valley and even the entire Western world industrial standard system.

If one day the frontier's opponent becomes itself, the frontier's development path will be considered as the end of the initial stage.

In general.

Although the withering is gone, other things have just begun.

The continuous issuance of documents by institutions such as the Bank and the Insurance Regulatory Commission also requires more in-depth conclusions. Penalties are not the purpose, but problem solving.

and……

Because the whole incident was caused by Fang Nian's disgust towards Lenovo, and he took the initiative to become a "fisherman", the solutions to these problems will naturally be related to Fang Nian.

Although Fang Nian is only a philosophy graduate, his research on philosophy is actually very in-depth.

He has been human in two lifetimes, and he has reached a higher position in both lifetimes.

For example, the cash flow he had at most in his previous life was more than two billion, and he held countless companies. Although he was in a state of being burned out because of his lack of clear understanding of capital habits, it did not prevent him from standing on a high platform and looking forward to the future. ;

As for the moment, he has already walked a path that many big men can't finish in this life, and combined with the vision of the future in his previous life, he is now looking ten years later.

In addition, Fang Nian has a very, very strong team that is difficult for ordinary people to match.

For example: God Liu Xi.

I usually see people from the front office, but as early as a few years ago, Fang Nian asked Wen Mi and the others to set up a sub-secretary group.

There are now hundreds of people handling various transactions for the front office.

In a sense, these people are Fang Nian's brain trust.

Due to various factors, plus Fang Nian's own excellence, it took him a long time to climb and roll in the political research side, and he had enough confidence to control the problem-solving process.

"..."

A slightly pregnant Lu Weiyu came over, looked at the screen, looked at Fang Nian, and asked casually, "Why did you suddenly watch an old movie, is it Chaplin?"

"Yes, modern times." Fang Nian replied.

He pulled Lu Weiyu to sit next to him.

I have to say that Chaplin is really a master of a generation. Although it is a mime, it is still very funny.

Lu Weiyu just watched it for a short while and was overjoyed: "No, I can't watch it."

"Well, you are really a national treasure now." Fang Nian joked, and squeezed Lu Weiyu's palm with his left hand deliberately.

Lu Weiyu glanced at Fang Nian: "Tsk..."

Fang Nian's face was full of seriousness.

Lu Weiyu was also very helpless.

She didn't understand from the beginning to the end why Fang Nian's nostalgia for her was so strong.

Many times, like a child, I feel satisfied with every little touch.

She has also asked many times, but Fang Nian's answer is different every time.

"..."

…………

At about ten o'clock, the red telephone in the back room rang, so Fang Nian got up and went to answer it.

On the other end of the phone is Pingshu.

This is to be expected.

There was almost no pleasantries, and Pingshu cut to the chase: "Xiao Fang, the political research and other units below have held many meetings these days, and there are some things you need to know."

"You said." Fang Nian was not surprised.

"..."

Obviously, the content that Pingshu can say in person will not be too complicated, just one or two simple sentences.

But the meaning is clearly different.

It is a contradictory body: to develop, but also to prevent, how to balance.

After listening to Ping Shu, Fang Nian smiled: "It's also a coincidence, I just happened to watch a mime from the last century, Modern Times."

"These days, some detailed or simple annual reports have been received one after another."

"Personally, I don't agree with this contradiction."

"In my opinion, the main contradiction in society has been transformed into the contradiction between people's ever-growing needs for a better life and unbalanced and inadequate development."

"..."

It is rare for Pingshu to interrupt before Fang Nian finished speaking: "Oh? Have you communicated with Director Hu Ning and the Political Research Institute recently?"

Fang Nian said frankly, "No."

Ping Shu chuckled: "Sure enough, you should see farther."

Fang Nian smiled and continued: "The problems exposed this time are serious or not. From my point of view, there is nothing new under the sun."

"Capital, the capital of disorderly expansion."

"..."

"Some of the problems derived from this are not fundamental. I have also clarified from the beginning. I want everyone to see what is behind the tolerance."

"..."

After a short pause, Fang Nian said seriously, "Excuse me, but I've been waiting for your call for a long time. What I want to talk to you about is the contradiction I just mentioned."

"I'll tell you a report."

"I invested in a company called Meituan; at the same time, Frontier has a Pangu laboratory in Beijing, which has in-depth research on algorithms...

Several different reports have been coming in these days.

After a brief sorting, I found that the algorithm breakthroughs, technological advancements, and new markets that Meituan is proud of are essentially just a change of clothes that look beautiful;

Whether it is the already huge Ali, or the emerging platform service Internet companies such as Meituan, in fact, they have been using technology to cover up the corresponding labor relations over the years;

Through beautiful data and beautiful vision descriptions, they cover up the insider business that is actually very ordinary in nature. After gaining the favor of a large amount of capital, they use the operating mode of capital to continuously test the tolerance limit of workers. "

"..."

"Use some nice-sounding nouns, such as 'big data', 'technology empowerment', 'Internet+', etc., to package some platform service categories into various high-end enterprises, and through capital operation to make There are only two competitors in the industry..."

"Yes, they look huge, they have market value, they solve some real problems, but they're not really productive."

"..."

"The advancement of technology is to test the limits of labor rather than to make life better. This is not what I want to see at all."

"In an ideal state, people's labor should be for self-realization, and it should be to prove their existence and value from the transformation of the external objective environment;

It is true that we should work hard to get a better life, but this is not an excuse for the disorderly expansion of capital. "

"..."

In the end, Fang Nian almost pointedly emphasized: "Efforts to develop cutting-edge basic technology so that we can quickly catch up with the international gap are not for the purpose of making capital more greedy in this land."

"..."

"Indeed, at this stage, it seems that there is no solution to the contradiction that is the best of both worlds, but I believe that the efforts of more and more people to walk on the right path will change from quantitative to qualitative."

"In short, I don't think that I have worked so hard to promote changes in the overall scientific development environment. After finding more possibilities for economic support, I was seized by capital for all the benefits and did not make life better."

"..."

"Ping Shu, since the end of the fall, I have wandered in the streets, I have seen the fireworks in the world, and I have seen the longing for the future on people's faces."

"I thought, why can't we do it the other way around?"

"Since some companies are testing the labor limit step by step through more advanced technology, why can't we test the tolerance of reasonable capital step by step?"

After Fang Nian finished speaking, Ping Shu on the other end of the phone was silent for a moment.

Then he said: "I understand your general idea."

"Yes, we can't always leave the problem to the future. We should find a way to balance it when there is a sign."

After a short pause, Pingshu said again: "The political research side will investigate and sort out, refer to your ideas, and form a more complete strategy."

Fang Nian didn't say much.

What he wanted to say has just been said.

If Fang Nian was still the chairman of Frontier, it would not be his turn to speak to Ping Shu so sharply.

But he is not now.

Moreover, Fang Nian didn't want to work hard to start Frontier. After wading through the wind and rain on a broad road, all the benefits were obtained by all kinds of capital in the end.

Yes, five capitals are also capitals.

But capital is really different from capital.

After Wu Capital took over some investment shares of Frontier Angels, it carried out structural optimization again.

After all, even the Impact Fund has been promoted by Fang Nian to help the development of basic electronic components such as consumer electronics. There is no reason for the five capitals to take the lead and develop disorderly.

If that was the case, Fang Nian would not have mentioned Meituan.

To put it bluntly, there are more people staring at Five Capital than Fang Nian.

It is not impossible for five capitals to make money, but it must have a reasonable boundary.

For example, taking over the shrinking business was at the expense of Chin's WolPeach, and what was lost was the capital of overseas regions, mainly the interests of the United States and the interests of leeks.

Whoever likes to talk about this can go.

Fang Nian is like this, he is such an extreme patriotic populist, harming the interests of overseas, he is very happy.

In Fang Nian's words, this is debt collection.

Under the WTO system, all kinds of overseas industries have exploited the land of China many times with technology.

As long as there is no way to do it in China, the price will be frighteningly high.

Once it is developed in China, it will immediately squeeze out the market at a loss.

This is the urine of capital.

This is also the reason why Fang Nian mentioned Meituan, because what they are doing now is similar, using various crazy and huge subsidies to seize the market, and then unscrupulously testing the labor limit through technology.

"..."

Originally, Fang Nian thought the phone call was over.

Then I heard Ping Shu mention: "The real estate market, do you have any opinions?"

"This... I dare not have it." Fang Nian said frankly.

Hearing this, Pingshu's tone was a little low: "Yes, even someone as sharp as you dare not have opinions."

"..."

Fang Nian thought for a while and said, "Ping Shu, can I speak up boldly?"

"you say."

"Do you...do you intend to build a... area in the nature of an experimental field?" Fang Nian asked thoughtfully.

Ping Shu was silent for a while.

Fang Nian explained: "I suddenly figured it out recently."

"..."

The second half of the call was basically charades.

In the real estate market, Fang Nian really didn't dare to have opinions. At his current level, he has long understood that it is not a matter of a few real estate companies at all.

It is a comprehensive issue of locality, real estate, land and other aspects.

Leaders have said that orders do not go to the right of the government.

The second is the mention of the new district plan not far from the capital.

Nothing else.

The meaning of Fang Nian is in the previous sharp point of view.

Namely: testing the boundaries of capital tolerance

…………

In the afternoon, Fang Nian received Liu Xi's report.

At the end of 2013, it can be said that there were almost no dividends in the front office, only some basic bonuses, salary replacements, etc.

Lu Weiyu said Mr. Lu was rather pitiful, and his income dropped a lot.

Of course Fang Nian is the same, after all, he is retired.

However, the five capital dividends are relatively generous. According to the ratio of 5%, each person in the front office can get 250 million.

That is to say, Wu Capital, which has been established for less than three months, has gained more than 5 billion yuan.

This... is really not normal.

The main reason is that most of the investment has not reached the settlement node, and the 5 billion dividends come from the original withering shares taken over by Wu Capital.

Of course, in fact, the actual profit of Five Capital in 2013 was 12% of the capital, that is, 12 billion.

"..."

The development trend of Frontier in 2013 is very good, thanks to the support of 96 billion yuan from various places, as well as major breakthroughs in various R\u0026D projects;

Based on the revenue of Baize Semiconductor, Shengyu Laboratory, Nuwa Laboratory, and Wuwu Laboratory from high to low, as well as the sales of products for end users such as 1 brand, '?' mobile phone, and Zero brand... …

Frontier's overall annual revenue is as high as 199.1 billion.

In contrast, the annual R\u0026D expenditure has reached a terrifying figure: 91.9 billion.

Moreover, this R\u0026D expenditure does not include the non-equipment investment of Baize Semiconductor.

Therefore, in the end, after Liu Xi completed the planned expenditure in the first half of next year, from a financial point of view, there would be almost no balance.

Among them, the newly established Ganmu Traditional Chinese and Western Medicine Laboratory will be invested heavily in the first half of next year.

The bigger ones are Bai Ze and Zhu Wu, who are basically evenly matched.

Bai Ze will not talk about the research and development investment of various semiconductor chips. As for Wuwu, it is just an EUV lithography machine, which is completely a bottomless pit...

The net profit rate of this year is a record low in Frontier's history, which is less than 25%.

Finally, Fang Nian called Liu Xi.

"There is a proposal, which will be submitted to the front office for discussion and implementation."

"Compare Frontier as a whole to 100% of the shares. Previously, 10% was allocated to all employees. During your first term of office, a new 10% of the shares will be specially approved for you to share, and you will be responsible for the specifics.

After each rotation period, 5% of the total shares of the rotating chairman will be awarded to motivate employees. "

"At the same time, you have discussed incentives for the term of office in 2032 and beyond. At least within a certain period of time, 55% of the total amount belongs to the front office. This is the bottom line."

In fact, Frontier's stock composition is quite complicated.

Frontier offices are calculated on a 100% basis. According to Fang Nian's proposal, by 2029, frontier offices can only get 55% of the entire frontier's dividends.

For example, if the world's largest profit rate is achieved, it will be about 700 billion yuan, and 385 billion yuan can be divided, and 100% of this 385 billion yuan must be divided.

However, Fang Nian's new proposal cuts the total profit of the front office, and benefits the entire staff of the front office, which has grown to 79,000.

We must know that even if calculated according to this year's profit, an increase of 10% will result in an extra 60,000 yuan per person on average.

This year, only the front office does not pay dividends, and frontline employees still enjoy share dividends, bonuses, etc.

As always, Liu Xi just responded, "Good Mr. Fang."

-

======

Broken bowl.

PS: I actually wanted to write this chapter a long time ago, probably on the 7th. At that time, a postdoctoral dissertation was hotly discussed on the Internet, but my description ability was really not enough, and I felt that I didn’t express my incompetence for reality. furious.

PS1: The new book has already reached 130,000 words. Please don’t keep the book, please go and have a look. Next week, the life and death of the new book will basically be decided. If you keep the book, the new book will be abandoned.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like