I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 219 Chapter 128-130: Hillhouse’s mid-year review! (Three chapters in total, 7000 words)
2010 7 Month 15 Day.

In the office of Hillhouse Technology, Gao Huaijun looked seriously at the semi-annual summary report sent from below.

After Gao Huaijun entered the Hillhouse Factory, Hillhouse has always had a habit of conducting an inventory of its industry every six months.

In other words, it is a comprehensive review.

Otherwise, after working on it for a long time, you won’t even know how much your own property is.

Which direction is losing money, which direction should stop investing, and which direction should increase investment.

Investors need to be aware of these.

No one will help you.

The people below will only push you to increase your investment and increase your support in your own direction. They will try different ways to use PPT to defraud you of money, and open more tracks to give them a chance to climb up.

This is actually the most common means of upward management in the workplace.

Basically, in every big factory in the future, there will be a group of PPT and oral skills experts. They have no fucking skills, but they can deceive the boss.

Even Seven Seconds Brother Dongzi, such a shrewd person, angrily criticized such a group of people for deceiving him.

Not to mention some people who climbed up from the bottom with incredible luck.

If you do not conduct reviews regularly, then the people below will definitely praise you and make you happy!

Just like Brother Belt's family seal, he actually fantasizes about how he can be famous forever!

Just say it's outrageous and not outrageous!

Closer to home.

In the Hillhouse Technology sector, Hillhouse Technology launched a micro-innovative fourth-generation tablet computer, matepad 2009, at the end of 4. This tablet computer has steadily improved on the basis of matepad 3. Compared with matepad 3, 32 Annual sales of 7 units, annual sales of more than 4 million. In just half a year, 23 matepad5 units were sold, and half-year sales reached more than [-] million.

Honor magic has launched its third generation product, Honor magic 3.

It is worth mentioning that the Honor magic product uses the Qinglong 301, a down-converted version of Qinglong’s third-generation product Qinglong 302, which is suitable for the use of Honor magic3.

This product also began to no longer use resistive screens, but began to be officially upgraded to use capacitive screens.

With this series of upgrades, half-year sales exceeded 65 units!

Annual sales have also reached more than 15 billion yuan.

Hillhouse Smart Screen serves as the main traffic force.

Achieving sales of 2010 TVs in 40 is also very important to Hillhouse Technology.

The sales of these 40 TVs alone reached 25 billion!

Mate 4, which is already in the middle of sales, sold 60 units, with sales reaching 36 billion in 2009.

In the first half of 2010, the sales volume was 30 units, with sales of only 18 billion. In the second half of the year, the product will officially enter a period of decline, and sales are expected to be even lower.

In other words, Hillhouse Technology, the first subsidiary of Hillhouse Group, achieved sales of 63 billion in six months!

After Hillhouse Technology's top product mate5 is launched, it should be able to completely exceed tens of billions in sales!

"In other words, the sales volume of 63 billion in the first half of this year is a little more than last year. The profit is not bad, the overall profit margin is 16%, and a profit of 10 billion can be obtained. After one year, at least 20 A profit of [-] million." Gao Huaijun muttered to himself after reading the report carefully.

The development of Hillhouse Technology can be said to be very fast compared to other electronic technology manufacturers in this era.

However, in the first half of the year, without the guidance of Gao Huaijun's golden finger, in his opinion, his performance was just ordinary.

When Gao Huaijun saw this, he nodded with some satisfaction.

"Yes! In the first half of last year, our sales at Hillhouse Technology were 50 billion, an increase of 26% compared to the first half of last year!" Shang Yayan added from the side.

However, her eyes looked a little complicated at Gao Huaijun below.

Some are both envious and afraid!
What she admired was that this man, whom she had no qualifications to meet, was at the top of the list of men she knew.

What she was afraid of was that this man had the power to decide her fate. The feeling that her fate was in the hands of others would be uncomfortable for anyone else.

Just when she was feeling uneasy, Gao Huaijun did not answer, but continued to read the next part.

Hillhouse Technology’s semi-annual summary also talked about the work of the R&D sector.

In the first half of 2010, there were 4821 R&D personnel alone, an increase of 2009 compared to 761!
Among them, the R&D expenditure part, the per capita salary of R&D personnel, is 13 yuan, creating a new high!

The annual budget has been corrected semi-annually, and the estimated annual expenditure is 12 billion yuan, an increase of 10 million yuan from the original plan of 2 billion yuan.

In Hillhouse Technology, the annual capital budget system is included.

The mid-year budget for each year will be evaluated in the middle of the year and comprehensive corrections will be made regarding the use of funds.

"Why did R&D expenses increase so much? 2 million! Now the R&D output ratio is close to 12%." Gao Huaijun asked Shang Yayan curiously.

"A large part of it is due to the profit-sharing bonus distribution of virtual equity!" Shang Yayan looked at the cash flow statement and answered directly.

This report was not completed overnight, and she also participated in the preliminary review.

"It seems that they are very confident in the sales of Mate 5! Okay, I won't lower the adjustment this time. I will just do what they say." Gao Huaijun smiled inexplicably.

Shang Yayan recorded it in her notebook.

Now that Hillhouse Technology’s half-year fund correction has been initiated, she needs to follow the above corrections
Allocating 2% more funds to R&D investment will inevitably require Mate5 to be launched within 2010. If the launch fails within the year, they will be punished.

Naturally, this fund will not be allocated casually.

A company with sales of over 100 billion, and a company with sales of less than 100 billion.

Whether within the banking system or with the government, the status is completely different.

Now Hillhouse Group, because of Hillhouse Vehicle BG, is a guest in all local governments!

Basically wherever Gao Huaijun goes, he will receive a very grand reception.

【Chapter 129】

Next, he started looking at the second report.

Hillhouse Vehicle’s half-year summary plan.

Hillhouse Vehicle BG's 'Xia' car, as the first model of Hillhouse Vehicle, simply underwent some minor facelifts in 2010, eliminating some points that attracted more consumer reactions.

Within half a year, sales remained very stable, with sales of almost 20 billion yuan and sales volume reaching 4 units. Compared with the output value of 2009 billion yuan in 31, the sales volume of 6 units can be regarded as stable and rising. The main reason is that Hillhouse Vehicle BG, along with Hillhouse Technology, has increased its channel sinking efforts.

As for the 'Han' model, due to the price reduction competition of some B-segment cars, the sales volume in the first half of the year reached 3.5 units. During the follow-up sales period, the average monthly volume reached 6000 units. For the Han model, the sales volume reached 85 units. This is a very remarkable achievement for a model. The sales for the first half of the year also reached [-] billion yuan!

After being a hot seller at the beginning of the year, the 'Qin' model reached sales of 3 units within half a year, which is only 1 units short of the annual sales target of the 'Qin' car.

Sales also reached 67 billion!

Therefore, Hillhouse Vehicles, on the premise of owning three cars, achieved an astonishing 172 billion in sales in the first half of this year!

No wonder the pressure on Hillhouse Technology is so great!

In the past six months, it has surpassed 100 billion yuan.

To a certain extent, Hillhouse Vehicles can be regarded as living independently.

Seeing this, Gao Huaijun felt happy and nodded slightly.

But when he saw a piece of data, he frowned slightly.

So far, due to factors such as early R&D investment, factory investment, vehicle sales qualification purchase and other large fixed investment factors, after these fixed investments are evenly amortized over five years, the profit in the first half of this year is negative 5 Hundreds of millions!

In other words, within five years, if the original sales are divided equally, in the first half of 2010, the total revenue of Hillhouse Technology plus Hillhouse Vehicles can reach 235 billion.

However, the total profit is -1 million!

Fortunately, Hillhouse's two-wheeled electric vehicles were allocated from Hillhouse Vehicle BG to Hillhouse's derivatives. Coupled with the sales of some other smart products, the profit of the first one hundred million here is barely comparable to this one. Dazzling -1 million, unchanged.

As for Hillhouse chips and Hillhouse batteries, they can only maintain break-even through internal accounting.

Otherwise, although Hillhouse Group's performance in the first half of the year was outstanding, it was almost in vain!
"How much cash flow do we still have in our account now?" Gao Huaijun suddenly asked.

"All cash flow is placed at the headquarters. Currently, we have about 50 billion in cash that can be mobilized at any time!" Shang Yayan didn't know why Gao Huaijun suddenly asked this, and she was stunned for a moment before replying.

Basically, it can be said that she is Gao Huaijun's right-hand man, and the person who has the most secrets of the Hillhouse Group besides Gao Huaijun.

50 billion!

Don't think there is a lot of money here, but in fact, as long as one of Hillhouse Vehicle's three products has a flash crash, it is very likely that the 50 billion will be quickly exhausted!

But if it cannot support it, it can only start the C round of financing and prepare for pre-IPO. Hillhouse Technology will have to go public in advance!
For example, Wanda Real Estate in the original time and space was short of money, so it made a bet with Li Jiapo's bank and other consortiums, and was forced to sign high-dollar loan agreements, of which Li Jiapo PAG alone accounted for 180 billion yuan.

Not only does Wanda have to redeem 300 billion, it also has to pay 12% interest. A rough calculation shows that if the listing fails to be completed on time and investors do not agree to be exempted from relevant repayment requirements, Wandafang will spend more than 400 billion in equity repurchase funds!
For Wanda, who is not rich in funds, the pressure of this huge sum of money can be imagined.

The current situation at Hillhouse is actually similar.

Therefore, if one piece of the Hillhouse Technology plate fails, it will easily collapse!

Once a flash crash occurs, you will need to borrow funds to keep your plate running.

The best way to borrow funds is to go public!
Needless to say, the best way to go public is?
It must be like Wanda, who signed a large gambling agreement with some consortia to maintain the large expenditure before the pre-IPO.

If others know that you are short of funds, the IPO price will be lowered at any time in order to get a better price for the original shares.

This is another bad closed loop.

It really affects the whole body!
Therefore, Gao Huaijun, who had just been immersed in the fact that Hillhouse Group's half-year sales exceeded a record high, couldn't help but feel a little worried.

"Let Ningyuan pay attention to saving some of the company's expenses. Pay attention to increasing revenue while also paying attention to cutting expenditures. The last elimination system implemented by our employees is not bad. The annual fixed elimination rate is about 5% of D-level employees. But I After looking at the implementation results, we only eliminated some low-performance employees, which is problematic! Where there are low-performance employees, there are also low-performance managers!”

"The core of efficiency improvement is to eliminate these unsuitable managers, and then integrate and split their management groups. Only in this way can the company's operations be effectively developed!"

"You and Ning Yuan asked them to come up with a plan. How to eliminate the management? All management should be included in the assessment!" Gao Huaijun rubbed his tired eyes and said to Shang Yayan calmly. .

"The Way of Heaven" once said, don't make money beyond your knowledge.

The current scale of the group, as well as the diversity of business formats and the complex and ever-changing situation, are not something that an ordinary senior executive of a large factory can simply deal with.

If there is a sudden loss in the later period, it is estimated that you may not realize what the problem is in time.

Now the information gap is passing quickly, and his current psychological pressure is also very high.

The big guy looked at him as if he only saw a wolf eating meat but not being beaten.

Who would have known that it is so difficult for an entrepreneur to make money?

Dining with guests today, a building collapse tomorrow, and going to jail the day after tomorrow are all normal things.

This young marshal of Hillhouse Group is a corporate star.

It’s really hard to be a good person!

Hillhouse Group, due to its relatively high wages for its employees, now even a newbie who has just entered the industry can earn about 8000-10000 a month, plus R&D node bonuses, year-end bonuses, etc., after one year, outstanding newcomers, You can work at a level of 14 to 16, which is completely comparable to the salary of foreign-funded companies that are the most popular among students from prestigious schools in this era.

Even campus lectures will be held in the largest lecture hall in the local school.

Every year in the recruitment of college students, the number of places is basically in short supply.

This also leads to the fact that even though Hillhouse’s work intensity is notoriously high in the industry, the demand for entry is far greater than the demand for exit.

Therefore, Hillhouse managers are not merciless at all when they attack their employees below.

But now that the forward elimination mechanism is being implemented, the biggest problem is that too many ordinary employees are being eliminated, and too few middle-level managers are being eliminated!

Isn’t it the management who has the final say on who to eliminate?
So if you don't kill them, they can lie down and show you in various ways that you don't know.

How could Gao Huaijun, who was familiar with bureaucracy, let this situation worsen?
In addition, it is time to increase revenue and reduce expenditure, so it is natural to operate on this group of managers.

Gao Lian is just like an ordinary person. Only by getting rid of some fat and fat on the body from time to time can he maintain longer-term health.

Shang Yayan nodded quickly.

There are at least a thousand managers in Hillhouse Group from bottom to top!

His casual words decided the fate of thousands of them.

No wonder the ancients said: Wake up and hold the power of the world, but drunkenly lie on the knees of a beautiful woman.

Power is something that really makes men want to die!

【Chapter 130】

Inside the canteen of Hillhouse Technology.

During meal time, many employees of Hillhouse Technology lined up at various windows waiting to get their meals.

With the crowds of people, the scale of this place is larger than that of a university cafeteria.

Hillhouse Technology, in addition to the newly built headquarters building, now rents three office buildings alone, as well as a Hillhouse factory and a large R&D and testing center next to the Hillhouse factory!
The headquarters building alone accommodates more than 1000 people.

With so many people, it is naturally impossible for them all to gather in one time period while dining.

But despite this, there are still a lot of people at 12 o'clock.

"What should I eat today? I'm so worried! In just half a month since I graduated from college, I've gained ten pounds! I told my mother that we are busy at work and work overtime, but my mother doesn't care at all. believe!"

A fat man with glasses on the side sighed.

"Isn't that right? There's so much delicious food! In college, I didn't even want to eat meat dishes, let alone eat so many delicious dishes. It's hard to imagine how I could endure it if I left Gao Ling Other companies provide poor food." Another thin boy agreed.

No wonder they said that.

Gao Huaijun, who was used to eating all kinds of high-quality meals from big factories in his previous life, naturally couldn't let his employees eat the kind of factory meals that even pigs didn't like.

He hopes that his employees will be full of energy every day.

As the saying goes, to conquer a man, you must conquer his stomach.

So after several years of iteration, Hillhouse’s canteen, especially the canteen at Hillhouse Technology Headquarters, is famous in the entire electronic technology industry!
Needless to say, the food is delicious.

The canteen covers seven major cuisines, including Sichuan cuisine, Hangzhou cuisine, Cantonese cuisine, Anhui cuisine, Hunan cuisine, Shandong cuisine, and Yunnan cuisine.

Buffet, grilled fish, soy bone rice, spicy mix, old duck vermicelli soup, boiled fish, fried noodles, multi-grain pancakes and fruit, Hong Kong style barbecue and pork combo, fitness meal, Lanzhou beef noodles, you can eat whatever you want Whatever you can't think of, there's nothing they can't do.

In order to eliminate waste, each employee's card is recharged with 600 yuan every month. Except that they are not allowed to take away, they can basically eat whatever they want.

Occasionally, one or two larger meals cost 200-300 yuan, which is easy for employees to accept.

Among 1000 people, you can't even find 50 of those big eaters.

"Speaking of which, after coming here for so long, I haven't had the same thing too many times. It's really shocking! Even the smallest details like the canteen are so well done. Boss Gao deserves to make money. Ah!" The fat man sighed as he ordered a Hong Kong-style barbecued pork dish and a roasted duck leg.

"It's a lot of pressure! You may not know, but the list of D-level employees for the past six months has been released. My dear, the management has laid off employees in equal proportions!" The thin man looked around to make sure there was no one where they were sitting, and whispered.

"Layoffs? Isn't it? In this situation, our company also has to lay off employees? Is it because the company's performance is not good now?" The fat man's face suddenly became nervous.

He was laid off just after he started enjoying the benefits. That would be a loss outweighing the gain!
"Our company will announce the layoff list every six months. In the past, it was basically basic employees, but now senior employees and management have been added. Good guy, every R&D team works overtime more brutally than the other! This The efficiency is higher than the other!"

"But don't worry, our company's layoffs are very humane. Basically, those who are laid off will receive N+2 compensation. And as long as employees who have worked in our company for more than one year, basically well-known local companies outside, Everyone is rushing to get it, even foreign companies want a lot of it.”

The thin man said with a sigh.

The fat man stared at the thin employee in shock.

Sure enough, the money is really not that easy to make.

Compared with those friends and businessmen, it is really difficult to make money.

But training people is really training people.

If you really can't hold on, it's very easy to go out and get to the next level.

After a moment of silence, the fat man suddenly sighed, "It's great here, but I suddenly feel homesick!"

The thin man said with some confusion, "What's wrong? You've only been here for half a month and you already miss home?"

He didn't expect that this 190-pound man could be sentimental.

"I am from Sheep Country in Sichuan Province. I have an ex-girlfriend named Azhen there. Some time ago, due to some problems between the two of us, we broke up. She was with another man. Recently she gave me He called and cried and said he wanted to get back together with me. I was a little moved and wanted to go back." The fat man hesitated for a moment and said slowly.

The thin man looked at him dumbfounded, what kind of NTR + anti-NTR + lazy sheep and sheep plot is this!
There is so much information in this sentence!
If my colleague said it before, he thought it was a drama film shot in his childhood.

"Why should a man have no wife? To be honest, brother, you are being treated as a spare tire and a licking dog! You probably don't know how popular our employees of Hillhouse Group are in this Xicheng! Our company and the local government, banks, enterprises and institutions all have fixed dating programs. Basically, women are chasing men. Our single male employees in Hillhouse are in very short supply! As soon as it comes out, most of them are snatched up. Empty!"

"I see that brother, you are tall and mighty, and you are a top student who graduated from 985. You and those girls are just like 'each one gets what he needs, and what he needs from each other.' That's all!"

After saying that, the thin employee laughed at the side with an ambiguous look on his face.

As he said this, Fatty suddenly felt something in his heart.

He usually manages his body very poorly and is a little unsure of himself.

That's why he was tempted to try to get his ex-girlfriend to stay.

Otherwise, with his diploma, how could he possibly turn around?
The students who graduated from the 2010 program in 985 are still very popular. If an ordinary poor student gets admitted, it is basically like a crow flying on a branch and turning into a phoenix.

Now that he has come to the prosperous Hillhouse Technology, his future is even brighter.

So he himself had some hesitations.

"Then, should I stay a little longer and observe?" The fat man couldn't help but feel a little moved.

"That must be done! Hillhouse Technology will not hire an employee who has gone abroad. It is not a betrayal, but he has too many choices to choose from. Now Hillhouse only recruits fresh graduates, unless the social recruitment is special. Needed and scarce positions are generally not available for recruitment." The thin man couldn't help but sigh.

Where can I find a company that offers so much money and is located in a low-consumption city?

Hillhouse Technology has been established for 6 years. Many employees even bought a house in Magic City, Imperial City, and Xicheng, which makes them a lot stronger!
How could this be done at other companies?
"Damn it! No way! I've never stayed in Hillhouse for a long time, so I really don't know!" The fat man couldn't help but look at the thin man in shock, with an expression of disbelief on his face.

"Hey! People who come from Hillhouse, apart from complaining about the long working hours, are generally not quick to say anything bad. The research and development here is really about research and development. There is no relationship-building or office rectification like other companies. Everyone is worried about being eliminated and needs to do more. Fortunately, this company has taken a step forward and there is no way to think too much about other things!"

"You may not know that in our company, you can participate in corporate dividends. Mr. Gao takes 10% of his profits (before fixed assets are allocated) and provides them to employees for dividends. Now we are becoming more and more motivated! "

"Don't think of Hillhouse as too lofty. The people who stay here are all common people!"

"The core purpose is to make money!"

"Mr. Gao has also thought about our group of people thoroughly. It can be said that we are all being manipulated to death."

The thin man sucked the last mouthful of Laoya vermicelli soup into his mouth and sighed.

The fat man nodded desperately on the side. It seemed that he felt the same way in Hillhouse Technology for the past half month.

. . . . . .

As mentioned earlier, Gao Huaijun was not originally from Xicheng.

His grandfather was from Caohu, Hui'an City. Before Gao Huaijun's father Gao Wenjie was born, he, like many Hui'an people, went to Xicheng, a wealthy place, to make a living.

Until he got a sum of money from Gao Huaijun's grandfather and founded Hillhouse Factory.

Although Gao Wenjie is a gambling dog, according to the rules of the Gao family, Gao Huaijun needs to move Gao Wenjie, who died in a foreign land, back to Caohu five years after his death.

Although Gao Huaijun didn't have any feelings for this cheap dad, he didn't want to listen to his mother's nagging every day.

So I took advantage of this period of free time and prepared to go to Caohu.

PS: 7000 words are finished. I have something to do today, so the update is late. I recommended it to the editor on the 15th. By then, this book should be a high-quality book. Thank you all for your support!
(End of this chapter)