My Return to Life

Chapter 838: This year has been a lonely one

December 31st is Monday, a normal working day.

However, many companies across the country basically have a phenomenon of dissatisfaction on this day.

Because asking for a day off for six days in a row is very tempting to office workers.

Frontiers will not be an exception.

Fang Nian's 15-week internship has not yet been completed, and it is only 12 weeks including this week, so he came to Frontier Company early in the morning to clock in for work.

Calculating the time, Fang Nian just happened to be able to complete the internship requirements on the Friday before Laba, submit the internship report according to the procedure, and so on.

According to the graduation arrangement of ordinary university undergraduates, they will basically complete the final exam in their senior year, and by the way, they will complete their internship in their senior year. In the coming year, they will prepare their thesis, defense, etc., and then they can graduate.

The same is true for Fang Nian.

He has taken the time to complete the end-of-course exams in all subjects.

Isn't it enough to have a hand for something like a graduation thesis? Of course, Fang Nian also finished writing by the way.

On the contrary, last weekend, Fang Nian heard that Su Zhi and the others took part in the unified entrance examination for graduate students—Gao Jie was an exception, she was successfully admitted to graduate school.

To be honest, for the top-ranked 985 key points like Fudan, the school has a lot of recommended places, not only from this school but also from other schools.

Generally, more than 20% of the fresh graduates can successfully maintain their graduate studies each year, and the proportion will increase as the time goes on, and will eventually remain at about 30%.

Although there are only ten or twenty people assigned to the Faculty of Philosophy, it is relatively easy to get a guaranteed research spot based on Gao Jie's school performance and multi-dimensional achievements.

What was more surprising was classmate Su Zhi, she almost got the postgraduate quota, but she was not afraid of the postgraduate entrance examination.

In Fang Nian's group, Luo Qiao was probably the only one who would feel uneasy. After all, she was an 'old man' who almost failed her freshman year.

Anyway, Luo Qiao is very envious of Fang Nian's free and easy, graduate student can't be admitted, and Baoyan can push it whenever he wants.

In Su Zhi's words: "Fang Nian must have been taken away by some 'fairy' at the front!"

"It's very difficult for the whole school and even the whole school to find someone who is better than you in all aspects, and you don't want to go to graduate school."

After all, Fang Nian's attendance rate, academic performance, etc., are all in their eyes.

Fang Nian just beeped in his heart: "Where did you put our god Liu Xi? It's a bit disrespectful to God Liu Xi!"

He didn't notice Gao Jie's thoughtful eyes.

"..."

Fang Nian happily played 'hide-and-seek' in the empty President Lu's office for a long time, and finally managed to eat a few handfuls of chicken, and humming happily, he approached Tan Liu.

Tan Liu, who was almost 32 years old, looked Fang Nian up and down: "If there is any happy event, everyone hums a song."

"I don't necessarily have a happy event, but you, it's hard to say." Fang Nian said with a smile.

Tan Liu said lightly: "How do you say?"

"Come with me." Fang Nian said with a wave of his hand.

Tan Liu didn't doubt that there was him. In the past three or four months, he and Fang Nian had become acquainted, and occasionally they could have a meal together.

I also know that Secretary Fang will mean Mr. Lu most of the time.

Tan Liu has been a middle-level manager of the subsidiary since he joined Frontier. In the past year or so, he has been transferred frequently and has risen rapidly. That is to say, he has been in the position of deputy manager of the comprehensive management department of Frontier since 2012.

This is not a particularly eye-catching special case within the frontier of start-up companies, after all...

Many employees have the experience of being transferred every six months, especially those who joined the company as assistant management positions such as team leaders and deputy managers of small departments.

Namely Assistant G Level.

Speaking of which, the frontier department attaches great importance to the position of P-level ordinary employees. Unlike most companies in China, the management will definitely overwhelm the ranks of ordinary employees.

Even the salaries of D-level directors may not be able to beat P-level senior employees.

For example, Chen Jianye is a P-level, but it is the highest P0 level.

The P grades will be more detailed, normally from P3 to P19, then from P2 to P0, and the highest P0.

The annual salary of the P0 level is basically the ceiling of the frontier, which is roughly equal to the annual salary of the group scientists.

At present, there are only eight people in Class D, and Wu Fucheng, who has the highest annual salary, is only about three million yuan. Without shares, dividends, and additional benefits, he really can't compare with Class P0.

Not to mention the G-level, the ceiling is placed on Su Zifeng, and the current annual salary is 5.1 million yuan.

Of course, whether it is P or G, there are additional benefits and a small amount of share dividends, but it is very different from D grade.

Because 11.1% of the total dividends of the D-level will exceed the total dividends of all P and G, and as of this morning, the total number of shares distributed by the entire frontier system accounted for less than 45% of the total.

That is, 45% of the 11.1%.

And a large part of this 45% will be recycled and redistributed after a few years.

In short, because these shares are free gifts from the frontier, it is fundamentally difficult to compare with the dire dividends of Juchang.

Fang Nian is not a saint. He can distribute 10% of the company's profits to all employees after paying at least 15% higher salary than his peers and other benefits far exceeding his peers.

Although Fang Nian's move is also to tie all the employees to the chariot and reduce the risk of the external environment, but everyone gets what they need, where can they go to work and not work for the company?

"..."

After following Fang Nian out of the company, Tan Liu recalled: "Are you going to invite me to lunch?"

"Probably." Fang Nian didn't say much.

After a short time, the two of them walked to the 'Sneak Free' restaurant—it wasn't too far away, just over a kilometer, and it took about ten minutes. It's no big deal for young people to walk around.

Tan Liu, who followed Fang Nian straight up to the second floor of 'Sneak Free', saw several familiar big leaders of the company were there.

I'm a little confused.

Seeing Tan Liu stunned, Fang Nian waved his hands: "What's the matter, such a big man is still shy?"

"..."

Tan Liu didn't know, so he had lunch with him.

I don't even know what it tastes like when I eat it.

He had guesses in his heart.

But I dare not think about that possibility.

During more than two years of work experience in Frontier, especially after being transferred to the comprehensive management cadre department this year, she has become more and more familiar with the major affairs of Frontier. Tan Liu understands that Frontier is actually a private enterprise in essence.

Moreover, it is a private enterprise with extremely centralized power at the top.

Equity is also quite concentrated, the board of directors only has 8 people, how centralized is this power?

Of course Tan Liu thought about making progress, but at most he also wanted to go to the board of supervisors for a while.

Now……

"..."

…………

After a simple lunch, the group walked to the nearer Fengda Building.

Soon walked into the front office.

This time Fang Nian didn't need to speak, Wen Ye took the initiative to say hello: "Pick an empty seat that you like, and come with me to pick up office supplies."

Tan Liu: "Oh..."

"..."

A few minutes later, Tan Liu sat down at the seat closest to Wu Fucheng, and she basically came back to her senses.

Fang Nian sat on his desk, leaning back lazily: "Today is a good day for the front office!"

"First of all, let us welcome Mr. Tan Liu. I wonder if Mr. Tan Liu would like to join?"

Tan Liu: "..."

Only then did you remember to ask me if I would like to?

Is it a little too hard to give me a way out?

What if thousands of guns are aimed at me as soon as I go out?

After thinking about it, Tan Liu hurriedly stood up and nodded excitedly: "Yes."

"Sit down, don't be so polite." Fang Nian gestured, "Wen Mi, let him sign the contract."

After a while, the busy work was finished, and Fang Nian said again: "Old rule, do the summary report first."

Gu Yu cleared his throat, took over the conversation, and gave a brief work report.

"..."

"After repeated adjustments and supervision, the progress of important projects in various laboratories is on the right track."

"Among them, Shengyu Lab, which has outstanding performance, is expected to launch a 4G baseband chip with a Cat.6 transmission rate early next year;

Wuwu Laboratory will start the development of the first EUV lithography prototype next year;

Taotie Lab has formally mass-produced immersion photoresists..."

"..."

"In addition, Nuwa Lab's ServerOS has launched an internal beta version of the lab, and the next major versions of MindOS and DeskOS have been released from pre-research."

"..."

"As for Baize Labs, after coordination, the new mobile phone SoC project has reached an agreement with TSMC;

The big CPU project has entered a critical period of tackling key problems, and the Bailong project has entered a critical period simultaneously;

The GPU project has completed the first tape-out verification, and the second tape-out is about to start;

Other non-core, non-consumer chips are progressing well. "

"..."

"Bai Ze Semiconductor and Wu Wu Laboratory have completed 45/40 nanometer immersion DUV lithography, and tackled 28 nanometers."

"Zhuyan Lab has perfected zyEWB, which has certain commercial value;

zyMath was officially introduced to a small number of colleges and universities such as Harbin Institute of Technology. "

"..."

Gu Yu gave a brief report on the situation of each laboratory.

The overall situation is not bad.

Shengyu Laboratory has accumulated a lot of experience in the past year, and finally broke through a level first.

The other is that the big CPU project has finally been hammered out, and the dawn can be seen.

Wuwu's EUV lithography machine has some clues.

In Fang Nian's view, according to ASML's development efficiency, counting from the prototype machine off the assembly line in 10 years to the official launch of the mass-produced model in 2017, there is still a chance of rescue.

Because Wuwu has more advantages - money, people, test lines, and massive cooperation.

Unlike ASML.

Anyway, in mid-July of the year, the customer investment plan proposed by ASML was suddenly aborted for some reason.

Hmm... It really has nothing to do with Frontier Angel Global and Chin, which had not been canceled at the time, that is, ASML's major customers are not optimistic about EUV.

Including Intel, which has always adhered to Moore's Law.

There are a total of three major customers, Intel, Samsung, and TSMC.

Intel is very hesitant about EUV, but it has funded and supported ASML's R\u0026D investment in 18-inch wafer lithography machines.

Although TSMC took the prototype early, it took more than a year for assembly and debugging alone. There were too many problems. It was just at a time when confidence was seriously lacking and it was just about to introduce FinFET technology, so it did not invest.

Samsung...

Samsung Electronics lost too much confidence by the Baize Shenlong series, and the share of the wafer foundry could not compete with TSMC. After thinking about it, it still did not vote.

It really has nothing to do with frontier half a dime.

At most, Frontier sold 40 million Shenlong chips to Samsung Electronics, and the next 10 million were added by Samsung Electronics on its own initiative.

The main reason is that except for Baize, mobile phone SoC manufacturers around the world have not aggressively developed 28nm, while Baize has repeatedly applied different types of 28nm processes, and has always maintained the ultimate pursuit of performance.

You should know that the A6 chip on Apple's iPhone5 was still 32nm a few months ago.

Apple actually wanted to join, but unfortunately, after Jobs passed away, there were too many people who had the final say, and crossing 32 to 28 meant that the previous investment was in vain, which was very unfavorable to the cost.

All in all, Baize is the only one in the world who is crazy about pursuing the extreme processing performance and graphics processing performance of mobile phone SoC, but it seems like there is no end to burning money, and many manufacturers are still waiting to see.

"..."

After reporting the progress of the project, Wen Ye took over the topic and proposed a list.

"This year, there are two people who have the matching ability of group scientists. Academician Chen Jianye of Baize and chief engineer Chen Yan of Pangu. According to the rules, you need to select one person."

Fang Nian blinked: "Can't you give both?"

"Not this year." Wen Ye explained, "Limited by the company's initial nature, in order to maintain the stability of the system, only one group scientist can be selected in the two years of 2012 and 2013."

Fang Nian said, after all, Frontier is a company with an extremely terrifying debt ratio. Although it is still six months away from bankruptcy, in order to maintain stability, it needs to make trade-offs and balance in many aspects.

Otherwise, why would Frontier spend money to recruit many non-engineering PhDs?

Even Wen Ye and Gu Yu are currently studying for a master's degree.

After receiving the document from Wen Ye, Fang Nian flipped through it: "Hey, is Mr. Chen so awesome?"

"Good guy! I'm going to spend 300 million R\u0026D funds in one go..."

With that said, Fang Nian closed the document: "This year's quota should be given to Academician Chen Jianye. His contribution is even greater."

"..."

As for laboratory-level scientists, there is no need for a Fang Nian audit.

After the transactional summarization was completed, Liu Xi opened her mouth to report the financial affairs for the whole year.

"The company's total operating income in 2012 was: 51.3429 billion yuan, excluding 20.7 billion yuan from Frontier Overseas."

"Among them, the operating income of Shengyu Laboratory is: 11.876 billion."

"Among them, the revenue of the Baize Shenlong series has fully covered the initial research and development investment, and it is slightly profitable."

"..."

"The accounting of the company's expenditure items in 2012 is: 67.3 billion."

"The company's account balance and disposable cash are: 15.9 billion; excluding the 50 billion investment balance of 42 billion."

Liu Xi's accounts have always been clear at a glance.

The expenditure items for 2012 are actually not too outrageous. The total of 67.3 billion includes some small expenditures that have been budgeted until early next year.

As in 2011, there are some expenditures that have been budgeted into early 2012.

In contrast, so many projects were launched in 2012, but the expenditure was only less than 16.2 billion more than that of the previous year. It seems that the increase rate is not too high.

However, judging from the current balance items, next year's life will not be easy, and it will not even be 6 months away from bankruptcy.

On the contrary, Shengyu Lab really exploded.

The annual settlement revenue is actually close to 12 billion, most of which come from the base station construction revenue with the three major operators, and a small amount comes from the 4G baseband chip revenue.

Next year will be a big outbreak year.

Next year, it is expected to participate in the construction of 850,000 base stations. The estimated total investment of these 850,000 base stations alone is as high as 260 billion, and Shengyu will get a big share of it.

In addition, after the release of the new 4G baseband chips next year, with MindOS and Shenlong series, there will be a wider range of shipments.

Before Fang Nian was happy, Liu Xi added: "Out of the remaining 15.9 billion, I need to repay you and Guan Zong a total of 4.255 billion."

"You still need to repay 2.72 billion in May next year."

Fang Nian smacked his lips: "Hey, this year has been really busy and lonely!"

Operating income and expenses still cannot be balanced.

Frontier still owes a lot of debts, and he has lent 5 billion to Frontier in just one year.

It seems that the revenue is very high, and the cost is also high. The comprehensive accounting net profit is less than 25% of the revenue...

After thinking for a while, Fang Nian said: "At this time last year, it was said that overseas revenue would be consolidated, but it was a pity that it was merged ahead of schedule, and it had already been spent. Otherwise, with the 20 billion dividends, everyone would have a great year."

Speaking of this, Fang Nian looked at Liu Xi: "In addition to repaying the money, how much dividends will not affect the whole system?"

Liu Xi replied: "Under extreme circumstances, 4.6 billion dividends can be paid out, and there is still the ability to resist risks. Of course, this is without considering the 42 billion."

Fang Nian thought for a while: "Then this year, I will be a little fatter, and next year will probably not be so loose. I guess it will take a year or two to get ahead. Let's get 4 billion in dividends."

"You calculate the money yourself, anyway, you can get 8 yuan per share."

Fang Nian and Lu Weiyu can share a total of 3.2 billion before tax and 2.56 billion after tax.

This amount of money is intended to be used by Fang Nian for himself, Lu Weiyu and others, and will not be invested in other projects repeatedly this time.

The plan is to equip some gold in kind, and the rest will be stored in the bank.

The investments and trusts that should be there have been done enough in the past few years, and some cash should be kept in hand to play casually.

Regardless of Mr. Fang's high net worth, but this year Fang can't even get 30 million in his pocket, and his personal balance is often less than 15 million.

This does not qualify as an ultra-high-net-worth individual.

"..."

How much money each divides is counted.

Last year's 16.8 million shares were really bought by everyone.

Mr. Guan didn't have any pressure to buy 5 million shares, and the remaining 11.8 million shares needed a total value of 169.92 million. Liu Xi, Wu Fucheng and other five people finally gritted their teeth and took them out.

This year's allocation is 8 yuan per share. If the total amount is calculated, of course, even the principal and interest have been returned.

After all, last year's lowest porridge could get at least 40 million.

Fang Nian said, "There are no other benefits this year, and you don't need a house or a car. I plan to increase the total value of the company's shares to 15 billion. Is there any problem?"

"The value has become higher, and the share rewards for you will also be reduced, no problem?"

"..."

Fang Nian picked up a document and started to read it. This time, he directly read the total shares without saying how much the award would be. Everyone knew it.

The final stake ratio is:

Liu Xi: 10 million shares, Wen Ye: 9.5 million shares, Gu Yu: 9 million shares, Wu Fucheng: 9.5 million shares, Porridge: 8.5 million shares, Tan Liu: 5 million shares.

The white porridge bought a lot by himself and there were not many rewards, while Liu Xi bought very little by himself, so the rewards were considerable.

Everyone had no objection, but they felt that it was a little vulgar for God Liu Xi to use money to measure.

Mr. Guan also has a reward of 1 million shares.

Finally, Fang Nian looked at Tan Liu: "Tan Liu, you have to lock up your shares for two years before you can pay dividends, which means you can only enjoy dividends today in 2014."

"However, you can also buy the 10 million shares released by the company like everyone else. If there is no accident, this is the last time the company releases shares to buy, at 30 yuan per share."

Over time, the proportion of shares will become more and more unbalanced.

Fang Nian originally had a presupposition that in the initial development stage, only 30% of the shares would be released in total, including what Guan Qiuhe could get, and a part would be reserved for other future members.

Everyone who joins the office will get 1% of the shares, which is determined by Fang Nian.

But now there are only at most 4 places left.

And minus the 10 million shares released, 30% of the total amount is only 30 million shares, and the shares that can be used for rewards are at least 10 million shares. Under the premise of not splitting shares, these shares must be cherished.

Guan Qiuhe thought for a while and said, "I'll just buy a little more than the average, 1.5 million shares to round up."

Everyone had no objections, so Mr. Guan fulfilled his wish and took up a whole number of shares: 12%.

The purchase of other shares depends on everyone's own discussions.

In theory, except for Tan Liu, everyone has enough money to buy suitable stocks, because the total price is only 300 million, and the dividends are 800 million. In addition to the 460 million that Mr. Guan received, there is another 340 million.

Although these are pre-tax, everyone has other salary and welfare income.

As for whether Wen Ye and Gu Yu will take care of Tan Liu, that is their own business, and this is what Fang Nian wants to know.

Tan Liu was the one who was stuck by Fang Nian for a year after being jointly elected.

Interests are probably Fang Nian's last test for Tan Liu unintentionally.

The value of the 1% of the shares just for entering the office is 150 million.

"..."

Fang Nian didn't think about it, but brought up the next topic: "Salary adjustment."

"This year, the frontier governance structure has been clearly sorted out. Except for Mr. Wu and Mr. Bai, everyone actually has no part-time job. Therefore, according to the division of labor, the director-level salary standard is adjusted, including Liu Xi."

"..."

Everyone is fine.

then……

The biggest salary adjustment of the year was released. Liu Xi jumped from an annual salary of 200,000 to 300,000 yuan to an annual salary of 9.9 million yuan.

According to Liu Xi's performance, perhaps Fangnian will adjust the upper limit appropriately in the future and give her a matching treatment with an annual salary of over 100 million.

This depends not only on the results of the financial shared service center established by Liu Xi, but also on other things.

And Mr. Lu's salary was only adjusted to 8 million, which was at the same level as Mr. Guan—yes, Mr. Guan was finally able to get a salary from the frontier, and she was almost moved to tears.

Mr. Guan is not someone who is short of this little money, but she feels that she has finally become what she hates the most: a wage earner!

A good major shareholder, has become a wage earner...

The salaries of Wu Fucheng and Bai Congee are slightly higher than that of Mr. Lu, and they each have part-time income.

Especially Wu Fucheng, he didn't realize how big a quagmire he had fallen into until he went to the capital with Fang Nian. The incident of the Integrated Circuit Standardization Technical Committee almost made him lose his hair.

He's so worth the extra paycheck.

Tan Liu's salary is fixed, but he can't get that much for the time being. He can only get 40% of the 4.8 million annual salary, and it depends on the rating in the end.

Finally, Fang Nian got up and straightened his clothes: "Tan Liu, your appointment will be distributed to the whole company in the afternoon, and you will be responsible for the group's human resources affairs."

Then, Fang Nian waved his hand: "The arrangement for next year is just one thing, you all know it, so I won't talk about it, see you next year."

Tan Liu: "..."

Is it so hasty?

I still have a lot of questions.

Lu Weiyu who stood up behind Fang Nian said with a smile: "Mr. Tan, I think you shouldn't have any problems long ago. You should think about why you were delayed by Mr. Fang for a year."

"Haha..." Wu Fucheng laughed first.

The office was suddenly filled with cheerful air.

…………

After getting into the car downstairs in Fengda Building, Fang Nian took out his mobile phone and called Chief Engineer Chen Yan first.

Tell him the results of the group scientist selection.

Mr. Chen can take it seriously: "I am convinced that I lost to every engineer who entered the frontier before me. After all, the frontier can have today's foundation, which is the result of their hard work. I am just standing on the basis of the predecessors. There were some small breakthroughs."

"Being selected at the same time as Academician Chen Jianye proves that Mr. Fang, you read me right."

"Your kindness was not wasted."

Fang Nian laughed and said a few more words of encouragement.

"..."

Then Fang Nian called Academician Chen Jianye.

After the call was connected, Fang Nian smiled and said, "Academician Chen, congratulations."

"Thank you, Mr. Fang." Chen Jianye smiled heartily.

"..."

After chatting for a few words, Fang Nian changed the subject and smiled peacefully: "Actually, I always wanted to ask the academician if he blamed me for not giving you a better chance."

"After all, for academicians, the sense of accomplishment brought by the research and development of consumer-grade mobile phone chips will be far lower than the breakthroughs in some other chip projects."

Hearing this, Chen Jianye smiled: "Mr. Fang is overthinking. The prosperity of the domestic chip business is inseparable from every hardworking engineer. I am very satisfied with the current state, and I have also found my best field."

In the end, Fang Nian said with a smile: "The company will add more burdens to the academicians at the right time next year, and I hope the academicians will contribute your wisdom."

Chen Jianye seemed surprised: "Mr. Fang knows?"

"I've heard about it."

"I'm not complaining, a bad old man."

"Where is the academician?"

"Ha ha……"

This time, there was obviously some joy in Chen Jianye's laughter.

Academician Chen Jianye has indeed found his field of expertise, and his ability should not be wasted on consumer chip projects.

What's more, the new mobile phone SoC project has been basically successful, and someone can take on his responsibilities...

-

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PS: 5 chapters will be 5 chapters as agreed, the big deal is a little more words per chapter~

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