return to bolang life

Chapter 395 In April, some people are happy while others are sad
The release of the official version of Scode has a formal process, and to a certain extent, it will be rolled out first in overseas markets to accelerate the development of developer habits. The release time will naturally not be too early.

The daytime of April 4st has not come yet.

Facebook has yet to make the necessary public announcement.

Before this, Wen Liang was busy with a meeting.

Summary meeting for the first quarter of 2013.

The first quarterly summary meeting this year was not scheduled at the end of the month like last year, but on the first day of the beginning of the month, which happened to be Monday.

Quarterly summary meetings are getting shorter and shorter, but affairs are becoming more and more important.

Li Ze took the lead to report some key information about the Bolang terminal: "Currently, the production capacity of Xinghai 1 has been adjusted again. Starting today, the daily production capacity has been reduced to 10 units, and the company's own inventory has gradually decreased to 110 million units at present."

"As of yesterday, the total shipments were 6620 million units, of which the total overseas shipments were 2890 million units."

"According to the feedback from the mobile side, all the 500 million units they have purchased have been sold out, and they plan to purchase up to 200 million more units."

"Recently, the average daily sales volume of Xinghai 1 in the hot mall was only 6.8 units in the past seven days. Our analysis believes that a total of 100 million units can be shipped in batches to China Mobile."

"It is planned to stop OEM orders from May, and all production will be placed in the 'experimental factory' of Bolang Terminal in Yangcheng. The official line of this factory can currently produce 2 units a day stably."

After Li Ze made the summary, Wang Wanyu made a financial summary report.

The main mention is also the Bolang terminal.

Among them, Xinghai 1's inventory of 110 million units is roughly equivalent to a backlog of working capital of about 22 billion yuan.

Fortunately, this has always been within the acceptable range for the Bolang terminal.

After all, the total value-added tax amount of domestic shipments alone has reached 221 billion yuan.

The net profit in the domestic market is currently controlled at 18.5%, which is almost 280 billion yuan.

The net profit in the overseas market is currently about 26.5%. The current total sales in the overseas market are about 1560 billion yuan, and the net profit is about 413 billion yuan.

In fact, due to the import and export situation, the overall cost in the overseas market is 400 RMB higher than the average cost in the domestic market.

Moreover, taxes have nothing to do with Yangcheng, they are all national taxes.

However, the tax payment is not low, anyway, it is almost catching up with the profit.

Because overseas revenue was used to buy Facebook shares before, so if by the end of the first quarter, the net profit that will be settled in the overseas market will eventually be 456 billion yuan.

Based on this year's calculation, it is exactly double the domestic market's 228 billion this year!
That is to say, the total net profit of Bolang Terminal in the first quarter was as high as 684 billion yuan!

All in all, because of Bolang's crazy investment and successful business operations in the early stage, the profit in the first quarter of 2013 will be the peak of Bolang in a period of time.

At least the second quarter that has started now cannot be surpassed anyway, because there is no new mobile phone release plan.

The third quarter is also very difficult.

It may take until the fourth quarter to narrow the gap, and it will be possible to surpass it depending on the situation. After all, the market is saturated.

And this year is actually quite embarrassing for mobile phone manufacturers, the issuance time of 4G licenses will affect many things.

However, Bolang Terminal has cooperation with China Mobile, and there may be a proper solution by then.

In addition to comprehensively reporting the income, operating profit, and net profit of Bolang Terminal, Wang Wanyu naturally also mentioned the ecological revenue situation integrated into the application Internet ecology.

I can only say that it is average.

Covering such a large area, and even including a BTI for overseas markets, the revenue in the first quarter was only more than 170 billion yuan.

The statistics of this revenue are fully calculated and external.

Moreover, the net profit margin is very low, which is far from that of White Goose. The net profit of White Goose is basically maintained at around 25%, while that of Bolang is less than 17%.

That is, the ecological profit of the application Internet in the first quarter was almost only 29 billion.

However, it can still be said that 2013 is off to a good start!

"With a total net profit of 713 billion, it seems that there is no shortage of money this year." Wen Liang hurriedly said with a smile before others reported, "The upstream research and development investment of semiconductors is enough, and the initial expenses of the super headquarters are enough, so let's increase it." Invest in consumer electronics."

Wang Wanyu quickly said: "Net profit is net profit, and it does not mean that the company's account has available funds. The 456 billion yuan in overseas markets is still on the way, and the largest one is in the delivery with Facebook."

Wang Wanyu seems to be saying from every pore that the company is still very poor.

"Mr. Wang, don't get excited. What I mean is to increase investment in product line construction. It won't cost much. A CPU and GPU for a personal computer, a CPU for a server, plus several corresponding industrial chains, can cost up to 200 billion. Can work it out."

Wen Liang said bluntly.

"In my opinion, these things that are not technically innovative, all you need is to spend money, spend money, spend money."

"Whether it is a mathematician, a physicist, a material scientist, etc., in the final analysis, it is a waste of money, so the second is to increase the cooperation investment of the university research platform."

"I won't go into more details. Anyway, you use the company's profits to turn the plan into reality as soon as possible. As for those additional plans, I propose that I will be responsible for my change."

When Wen Liang said this, Sun Baoyin, Tang Pu, Chen Jiaxin, and Qin Zheng looked at each other in dismay, and then said in unison: "Then we don't need to report."

Then Chen Jiaxin and Tang Pu began to complain.

"It's time for Bowen and the others to come back, especially Lao Zhang, the star system is still working!"

"That's right, those who burnt money won't come back, how do we distribute it?"

"Now it's not rice-free, it's people."

Wen Liang glanced at a few people: "Don't mention this to me, go find the person you need to find. The global job fair only recruited 2000 people in two months, which is too inefficient."

"That's the end of the meeting."

Finally, Wen Liang mentioned: "Since the profit in the first quarter is so large, the dividends for this year will be distributed at one time, and the next three quarters will not be divided, and it will be 50 billion after tax."

Wang Wanyu expressed her attitude: "No problem, anyway, the current liquidity in the company's account is more than 600 billion."

In addition to the total profit of 257 billion in the domestic market, Bolang actually has other money.

I found Yangcheng to finance 750 billion yuan, and Yangcheng secured it. In the end, I got just 750 billion yuan from various banks.

Anyway, the land is there, no matter what, the value of the land will gradually increase, and the second mortgage for development funds is not allowed, and the bank has no risk.

Only more than 750 billion of the 400 billion yuan was finally allocated for research projects.

There is still a net of more than 300 billion.

For such a large company, it is impossible to only have net profit in the account. Compared with net profit, there is also the concept of gross profit, which adds up to more than 600 billion.

Wen Liang doesn't matter.

Anyway, the money must be spent as soon as possible in order to build the company system faster. Bolang does not need such a high reserve of cash flow now.

This does not count the more than 400 billion overseas, but the cash of more than 1000 billion...

Too much.

I have to hurry up and spend money on research.

One team might not be able to handle the same project, but three, five, or even ten of Nima’s teams will definitely be able to handle the same project.

Where is it now.

Too much unfinished business.

In the end, after the dividends were paid, Wen Liang had another 27 billion cash in his hands.

His shareholding is 34% + 30%, of which 10% is given to the employees for profit without compensation, and only 54% of the shares are in his hands.

The co-founder team got 17.25 billion, of which Wang Wanyu got 1.81 million.

Wealthy start of the year, can wave the whole 2013.

So... making mobile phones can really make a few hundred million dollars.

If there is no mobile phone business, although Bolang's revenue is still considerable, it is completely incomparable to what it is now.

At the beginning, Bolang chose Apple as the benchmark opponent, and went directly to the high end, which is actually a wonderful move.

As long as a high-end impression is established, the profit margin will naturally be there.

Now, as long as the Xinghai brand maintains its price, it will always be regarded as a high-end product, a competing product of the iPhone 5, and even the iPhone series will be considered a competing product of the Xinghai series.

It is a very unsolvable and straightforward concept that the price is high-end.

For example, the Chrysanthemum Mate series of later generations is priced at more than 6000, and the price of 5G in the 4G era is also more than 6000. No matter how you spray it, the high-end impression will naturally be fixed. Who would think that the Chrysanthemum Mate is low-end?
Gone.

Wen Liang made it clear from the very beginning that high-end is not completely equal to stacking materials, not completely equal to configuration, not completely equal to experience.

The starting price of the lowest end of the product series is the first.

Cost-effective and high-end must be contradictory.

The more contradictory point is... the high end is actually largely equal to the level of the 'admission ticket'.

The whole world knows that Apple's electronic products are very, very cost-effective, and the standard configuration is very, very expensive, and the general audience cannot afford it.

However, the hanging rail here is that the top configuration of Apple's electronic products is actually priced at the same level as the top configuration of competing products, and there is not much difference in level.

Even if it is a screen that costs tens of thousands of yuan.

The price of other brand products with the same quality is... about the same.

…………

Thinking about the beginning of the new year, there are a lot of things to arrange, and the employees are quite busy, so Wen Liang only initiated a 30-minute live broadcast all-hands meeting.

At the beginning of the meeting, Wen Liang said straight to the point: "This Friday, everyone will receive an extra bonus in the March performance salary. The total amount of this bonus is 3 million, which is basically divided equally."

"Secondly, the first-quarter list of TUP and other plans has been released. Everyone checks their emails. The list is public."

"Some colleagues who received options last year pay attention to check their emails. Your exercise period has arrived earlier, and the list will be announced later."

"Finally, congratulations to Yang Xingshan, Dai Li, Lin Tong and other 51 colleagues who received a small amount of unpaid equity incentives and some paid equity incentives. The latter can be directly converted into TUP, but cannot be converted into options. Considering the company's overall valuation is high, Can be kept for 6 months."

In fact, there are not many paid equity incentives, and only 2500 shares were obtained, accounting for one-four millionth of the total share capital.

This ratio is appropriate.

Because in the next many years, only 32% of the total share capital can be distributed. After calculation, it is only 10 shares per 32000 people.

Bolangguang's self-owned factory has a prospective employee size of up to 60 people.

It cannot be said that someone who is a workshop worker does not deserve even a little bit of production means. This is obviously inconsistent with the purpose of the distribution system.

Therefore, in order to optimize the distribution system, the finance department made at least 1 models.

Fortunately, there is Zheng Qi.

She is good at mathematics, leading the group to continuously calculate various values, and then provide references.

Although the share of paid equity incentives is not much, but...the current internal valuation of Bolang Group is not low, and it has been determined as a value: 7000 billion.

It costs 70 yuan per share.

2500 shares cost 17.5.

And the money was not given to the company, but Wen Liang exchanged his own equity for it. He gave it to all the employees of the company, there was a free part, and naturally there was also a paid part.

After all, this reward is now divided into two parts, one part is free and the other part is paid. If you are not willing to buy it, you can also switch to the TUP plan, that is, you can enjoy the share dividends in the next two to three years for free.

After nagging about matters related to everyone's interests, Wen Liang directly fast-forwarded to the online office: "Now everyone can give feedback on your demands."

Much better this time.

At least you don't have to be gentle and lose your temper.

There will always be places that are not satisfactory.

Adjust slowly.

In fact, there will be unreasonable people.

For this phenomenon, Bolang's approach is to deal with it through departments such as moral compliance from bottom-up to top-down.

The seriousness lasted only 30 minutes, and the all-staff live broadcast meeting ended.

…………

"The second quarter should be completely idle."

After finishing work, Wen Liang slumped on the chair, fantasizing in his mind.

"The things I have to do have nothing to do with me, and I don't have the basis for finding things on my own for the time being. I should be able to fish for three days and spend two days on the net."

While talking, Wen Liang sighed again: "Looking at the company's headquarters building near Huacheng Square, the roof is about to be capped. Times have changed."

The ground engineering of the Bolang headquarters building is much faster than expected. The so-called 5-day floor was really super slow.

After all, in the 90s, the Diwang Building with a structural height of 384 meters was built in Pengcheng. The ground construction took two and a half days, which refreshed the three-day one-story speed of the China World Trade Center.

Bolang's headquarters building in Huacheng Square is only 182 meters high on the ground, and the ground plan is 36 floors. The underground work has been completed at the end of December and the ground work has begun. Now more than 12 days have passed.

Due to the abundance of funds, the renovation of the underground works has started soon after the surface works started.

Now even the renovation works on the lower ground floor have been started in sections for a long time.

In short, the current plan is to start it in time for November this year.

As long as the money is in place, the 36th floor can even be divided into 36 projects to start decoration at the same time, and the actual time cost is only the time-consuming decoration of the first floor.

In the 90s, it took only 10 months for the Rendiwang Building to be fully completed. It was still 69 stories high, but there was no such thing as starting renovations on the 69th floor at the same time.

After chanting back and forth, Wen Liang suddenly muttered: "I always feel like I forgot something today."

Facts have proved that people do not talk.

Within 2 minutes, the phone rang.

It was the old man who dialed it.

"Mr. Miao, good morning, Mr. Miao." Wen Liang greeted warmly. He is fine now, and it would be nice to be able to call Mr. Miao.

Of course, the old man didn't mind, he just said: "Boss Liu has resigned from the position of chairman of Weiluo Holdings. The position of chairman of Weiluo Group is under discussion, and an announcement is expected to be made in the next week or so."

Wen Liang didn't pay attention to this matter for a long time, and he didn't expect the dust to settle today: "He is really strong, and he can drag it until today."

The old Miaotou said bluntly: "That's not true, it's just that there is no suitable replacement candidate, and some people even want to push you out to block the gun."

"This is really inappropriate." Wen Liang marveled, "You guys still know how to play, it's a bit rotten to shrivel up, but it's still useful to repair it."

The old man laughed: "Some people also used this reason to recommend you. Now the chairman seat is temporarily vacant, and the state-owned assets and several other units will send a joint team to temporarily take over."

"Speaking of which, Mr. Chen came to Beijing quite peacefully. He didn't express much in the past ten days, not as sharp as you."

Wen Liang smiled: "We need to be stable this year. We have a lot to do, so it's not appropriate to continue to make a high profile. Let's talk about it next year."

Then Wen Liang took the initiative to end the call: "Stop talking, I'll go and greet Boss Liu who is in a bad mood."
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(End of this chapter)