The Science Fiction World of Xueba

Chapter 463 Ren Zhengfei's Routine

Benson Raphael acted very quickly. Early the next morning, he found Pang Xuelin again and told Pang Xuelin Tang Valentine's decision.

"Mr. Valentine wishes to see me?"

Surprise flashed across Pang Xuelin's face, and he quickly laughed: "No problem, I will go to the United States to inspect Skoop Company after a while, and then I will have a chat with Mr. Valentine."

"Yes, Mr. Valentine also means that!"

Benson Raphael said with a smile.

Going to the U.S. was already decided. On the one hand, to acquire Skoop, Pang Xuelin needed to check the general situation of Skoop.

On the other hand, Pang Xuelin also hopes to learn more about the global Internet ecology and overall development through this trip to the United States.

Next, Pang Xuelin stayed in the capital for a while. First, he applied for a business visa to the United States. On the other hand, he also met people for dinner. The big bosses from the Ministry of Electronics Industry, Beiyou, Chinese Academy of Sciences, Tsinghua University and scientific research institutes all knew each other. over and over.

The only thing that made him feel a little regretful was that Ni Guangnan still hadn't made up his mind to leave Lenovo, but was going to try again.

In this regard, Pang Xuelin can only let Ni Guangnan.

Anyway, it won't be long before Liu Chuanzhen and the others will start. Through a series of capital operation methods, they will successfully transform Lenovo from an enterprise owned by the Chinese Academy of Sciences into an enterprise controlled by the Liu family. When the time comes, Ni Guangnan, whose business philosophy is completely different from theirs, will naturally be kicked out. .

Pang Xuelin stayed in Beijing until mid-March, and then took a plane to Xiangjiang, where he met Huang Zaixing and Liu Qi.

The sales volume of Xinghuan CVD in Xiangjiang has now exceeded 100,000 units, and is heading towards the figure of 150,000 units.

Contrary to Pang Xuelin's expectations, his reputation in Xiangjiang is not much lower than that in the mainland.

On the one hand, the hot sales of Transwarp CVD made Transwarp Technology famous. Coupled with the reports of the mainland media, the Xiangjiang media, which are more adept at hype, quickly praised Pang Xuelin as a talented boy from the mainland.

More importantly, the media also dug up Pang Xuelin's actions in the stock market. In the second half of last year, Pang Xuelin succeeded in quadrupling the hundreds of millions of Hong Kong dollars transferred through Star Ring CVD by buying low and selling high.

According to Hong Kong media estimates, Pang Xuelin is only in the Hong Kong stock market, excluding the income of Transwarp Technology in the mainland market.

Just took away more than 1.5 billion cash.

Now the mainland boy is worth enough to squeeze into the top 20 of the Hong Kong Rich List.

More importantly, Pang Xuelin just turned eighteen this year.

This is a bling and diamond queen.

How many rich and famous ladies in Hong Kong are eager to see Pang Xuelin, but they can't get it!

Some well-informed people focused their attention on Huang Zaixing.

After all, the current godfather of Xiangjiang's underground world also made a lot of money following Pang Xuelin in the stock market. Many people contacted Huang Zaixing in private, hoping to meet Pang Xuelin.

In Xiangjiang's financial investment circle, some people have already assigned Pang Xuelin the name of the god of small stocks.

It's just that Pang Xuelin was not interested in these Xiangjiang rich people who only knew how to monopolize blood through real estate and other industries. He only stayed in Xiangjiang for two days before boarding the plane to Los Angeles in a hurry.

In addition to Sun Yansheng, the boss of Scooper, Ren Zhengfei, Xu Wenwei, and Li Yinan from Huawei were also traveling with him.

This time, they are going to Los Angeles to participate in the CTIA Wireless Communication Exhibition organized by the American Wireless Communications and Internet Association (CTIA).

This exhibition is considered to be the world's largest event dedicated to the wireless field. It was held only in 1992, and this year is just the third.

In later generations, the CTIA Wireless Communication Exhibition is an industry event with the same influence as the CeBIT exhibition in Germany in March and the 3GSM Conference in Spain in February. It is the best exhibition platform for Chinese wireless communication manufacturers to enter the US and North and South American markets. The exhibition can be called the largest and most effective mobile communication information exhibition in the world, and it is also one of the most important international exhibitions for the world's largest companies.

CTIA attracts more than 40,000 professional visitors every year and is the highest rated wireless exhibition in the industry.

This global exhibition has exhibitors from dozens of industries in 125 countries around the world, with the theme of network providers, users, developers, buyers, manufacturers and other related parties related to the wireless industry. It enjoys a high reputation in the industry.

If it was placed a year ago, Huawei might not have the mind to participate in such an industry event at all.

At that time, Huawei was only thinking about producing 2,000 program-controlled switches first, trying to share some leftovers from foreign brands in the Chinese market, so that the company can survive first, so why would it want to participate in such a world-class event? Communications event.

However, since Pang Xuelin helped Huawei to produce two thousand and ten thousand program-controlled switches, Huawei's living environment in the domestic market has changed drastically. The low cost has defeated foreign brands, and it has become a clear stream in the domestic communication market.

At this time, Ren Zhengfei naturally would not just focus on the one-acre three-point land in China, but began to cast part of his attention abroad.

And this CTIA Communication Exhibition is naturally a good opportunity for Huawei to understand the world market environment and technology development trends.

Before departure, Ren Zhengfei called Pang Xuelin, and after learning that Pang Xuelin was also planning to go to the United States, he simply asked people to change their flight to the same plane as Pang Xuelin.

Seeing Pang Xuelin again, whether it was Ren Zhengfei, Xu Wenwei, or Li Yinan, all felt like a dream.

Just eight months ago, Pang Xuelin was a talented young man who had just earned one million start-up funds through Huawei. In eight months, this young man had grown into a legend in the Chinese business community.

Needless to say, the star ring CVD is currently in a mess in the mainland market.

Some time ago, Pang Xuelin was traveling around Beijing to give a report, which stirred up the entire electronics industry.

It is said that a five-year development plan for China's semiconductor industry originally issued by the Ministry of Electronics Industry had to be substantially revised because of Pang Xuelin's appearance.

Therefore, in the eyes of Ren Zhengfei and the others, Pang Xuelin is not only a technology tycoon and a capital tycoon, but also an industry tycoon who can shake three shocks by stomping his feet in the industry.

When everyone boarded the plane, Ren Zhengfei consulted with Sun Yansheng, and changed seats with him, sitting next to Pang Xuelin.

"Mr. Pang, when I go to the United States this time, there may be troubles coming to your place, so please take care of me when the time comes!"

Ren Zhengfei said with a smile.

He already knew about Pang Xuelin's plan to acquire Skoop, and even heard that Sequoia Capital of the United States was interested in taking a stake in Transwarp Technology.

For this young man who turned his hands into clouds and his hands into rain, Ren Zhengfei did not regard him as an eighteen-year-old genius boy at all, but regarded him as an industry leader who he could look up to.

Pang Xuelin smiled and said, "Don't worry, Mr. Ren. I still have the title of Huawei's technical consultant. If there is anything that needs help, you can just mention it."

Ren Zhengfei nodded, pondered for a moment, and said, "Mr. Pang, I wonder if you are interested in Huawei's shares?"

"Shares in Huawei?" Pang Xuelin was taken aback for a moment, and said in surprise, "I remember that Huawei is owned by employees, right?"

Ren Zhengfei nodded and said, "I have discussed with the management of the company. We all hope that you can participate in Warwick and dilute some shares to you. Of course, this share must be purchased at the market price."

Pang Xuelin pondered for a moment, and said, "How much are you willing to give?"

Ren Zhengfei extended a slap and said, "Five percent!"

Pang Xuelin blinked, and said in surprise: "Mr. Ren, I'm afraid my shares will be much more than yours!"

Ren Zhengfei nodded and said with a smile, "I hold 4.8% of Warwick's shares. If you are willing to join in, I am willing to reduce my shareholding to 3.8%. You will become the largest private shareholder of Warwick!"

A look of shock flashed across Pang Xuelin's face, and he was shocked by Ren Zhengfei's courage for the first time.

In a sense, Huawei is not a traditional capital enterprise. Both the company's shareholding structure and management model are quite different from those in the capital society.

In 1990, Ren Zhengfei first proposed the concepts of internal financing and employee stock ownership within the company.

At that time, the price of participating in shares was 10 yuan per share, and 15% of the after-tax profit was used as equity dividends.

At that time, the salary of Huawei employees consisted of wages, bonuses and stock dividends, and the three parts were almost equal.

Among them, the stock is distributed according to factors such as the employee's position, quarterly performance, and qualification status after the employee has joined the company for one year, and is generally purchased with the employee's annual bonus. If the annual bonus for new employees is not enough to distribute the amount of stock, the company helps employees obtain bank loans to purchase equity.

Huawei adopts this method of financing. On the one hand, it reduces the company’s cash flow risk. On the other hand, it enhances the sense of belonging of employees and stabilizes the entrepreneurial team.

Later, Huawei passed several reforms to tilt the equity to the core layer, that is, the amount of allotment of shares for key employees is much higher than that of ordinary employees.

At the same time, with the expansion of the company's scale, Huawei also consciously dilutes the equity of major shareholders, expands the scope and proportion of shares held by employees, and increases employees' sense of responsibility to the company.

In particular, the Warwick Basic Law formulated between 1995 and 1998 laid the foundation for Warwick's rise.

For example, the Warwick Basic Law recognizes that:

"We believe that labor, knowledge, entrepreneurs and capital create the full value of a company."

"We use the form of capital transformation to reflect and reward the cumulative contribution of labor, knowledge, and entrepreneurial management and risk; use the arrangement of equity to form the backbone of the company and maintain effective control over the company, so that the company sustainable growth."

This can be said to be a groundbreaking cognition, which makes Huawei and other ordinary companies have an essential difference.

For example, there are two-way promotion channels within Warwick.

As we all know, technology and management belong to two fields, and one person often cannot become a professional in management and technology at the same time, but the difference in salary between the two positions will directly affect the effort of scientific research and technical personnel. In order to solve this dilemma, Huawei has designed a two-way promotion channel for qualifications.

New employees first start as grassroots business personnel, and then rise to the backbone. Employees can choose managers or technical experts as their future career development path according to their own preferences.

Before reaching senior professional titles, the wages between grassroots managers and core backbones, between middle managers and experts are the same, and the two positions can also be transferred to each other.

When it comes to the positions of senior managers and senior experts, the positions of managers and experts cannot be changed. The development direction of managers is professional managers, while the career of senior experts is professional technicians.

Huawei's two-way employment channel takes into account the individual development preferences of employees, gives employees more opportunities to choose, and at the same time considers technical functions and management functions equally to help employees grow.

In addition to the two-way promotion channel for qualifications, Huawei provides a mentor for new employees to care and guide them in work and life. When employees become the backbone of management, they will also be equipped with an experienced mentor to give guidance.

The perfect career development channel and the tailor-made mentor system for employees can effectively help employees grow and reduce the turnover rate of outstanding employees.

It is this organizational system that takes into account both fairness and self-development that makes Huawei a powerful combat force.

It also made such an unknown company in this era grow into a world-class technology company in less than thirty years.

In fact, if Pang Xuelin hadn't needed to invest a lot of money in scientific research in various fields because of the mission, he would probably learn from Huawei's model and transform Transwarp Technology into a company similar to Huawei.

Therefore, when Ren Zhengfei proposed that Pang Xuelin could take a stake in Warwick, Pang Xuelin was quite moved.

However, Pang Xuelin also knew that there is no such thing as a free lunch, and since Ren Zhengfei was able to propose such a profit distribution plan, the demands would probably not be much lower.

Pang Xuelin smiled and said, "Mr. Ren, if I invest in Huawei, what are the conditions?"

Ren Zhengfei smiled and said, "Just one condition!"

"What conditions?"

"Mr. Pang, I hope you will lead the research of Warwick and stay in Warwick for at least half a year every year."

As he spoke, Ren Zhengfei looked at Pang Xuelin without blinking.

In fact, this is Ren Zhengfei's real purpose of tying Pang Xuelin through shares.

In the past six months, although Huawei has thrived in the market with two program-controlled switches, the R\u0026D department has fallen into silence again.

Some employees in the R\u0026D department even said that without Pang Xuelin's leadership, everyone seems to have no idea which direction to go.

This made Ren Zhengfei feel worried.

He could feel the changes in Huawei's R\u0026D department with and without Pang Xuelin.

It is easy to go from frugal to extravagant, but difficult to go from extravagant to frugal.

It's as if a person had eaten a full banquet for a month, and suddenly let him return to a life of simple food and light food, which is simply a kind of torment for Huawei.

Therefore, after discussing with the company's top management, Ren Zhengfei made up his mind to use shares to tie Pang Xuelin to Huawei's chariot.

"Half a year?!"

Pang Xuelin frowned, shook his head and said, "Mr. Ren, I'm afraid I can't. I can only stay for three months at most. This is the limit. Although I am very interested in investing in Warwick, it is impossible for me not to take into account the development of Transwarp Technology! "

Ren Zhengfei immediately laughed and said, "Mr. Pang, three months is only three months, so it's settled!"

Pang Xuelin couldn't help being taken aback, pointed at Ren Zhengfei and said, "Good old Ren, you can trick me!"

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