Reborn in the red age
Chapter 551 Don’t even mention 5 years, I can still work for another year
"Teacher Li, I want to thank you on behalf of all the migrant workers who came to Pengcheng. If it weren't for you, who knows how many more people would have been killed by that bandit den."
"Hey, it's too early to thank you now. It's hard to say yet."
"No, I've already received the news. It happened in the past few days."
Arriving at the new Huawei headquarters in Nanshan Science Park, after hearing the inside information from Lao Ren, Li Qingfeng showed a smug expression on his face.
Li Qingfeng still believed what Lao Ren said. As the local boss of Pengcheng, Hua Wei had developed very good relations with the locals after these two years of development and was well-informed.
Feeling proud in his heart, but not showing it on his face, Li Qingfeng smiled and enjoyed some of Ren's flattery, then contentedly changed the topic to Huawei: "Your Huawei has made a lot of moves this year. First, you cooperated with Li Jiacheng's Hutchison Telecommunications and sold switches to Hong Kong, and then turned around and started telecommunications business in Moscow. This is completely going abroad."
"No, no, speaking of this, I have to thank Teacher Li for his help. At the International Communications Exhibition in Moscow, the orders we brought in ourselves were only worth a few dozen dollars, and the rest of the orders were all thanks to the help of the Moscow branch of Lemon Company. If it weren't for Teacher Li's help, we would have lost face in Moscow this time," Old Ren said, looking at Li Qingfeng with gratitude.
Li Qingfeng waved his hand and said with a smile: "Old Ren, you are being polite. After all, I am also a shareholder of Huawei. We don't have any business competition. Helping you will also benefit me financially. What's more, the Lemon Company in Hong Kong didn't help at all."
Lemon Company did help in Moscow, but in Hong Kong, it all depended on Warwick's own strength.
Although Li Qingfeng was not in the telecommunications industry, he knew what it meant to be able to grab market share from a number of international giants in a place as competitive as Hong Kong and to build a 25,000-port switch in the first phase.
Warwick has already established a firm foothold in Hong Kong, which has close relations with Southeast Asia. Once the 25,000-port switch is completed and operates well, the market in Southeast Asia will be opened up. Warwick is about to complete the internationalization that domestic enterprises have been dreaming of.
After a long round of business exchanging, accompanied by Lao Ren, Qingfeng Li began his tour of Warwick's new home.
After two years of development, Warwick is no longer what it used to be. It is no longer the small workshop enterprise that lived and ate in private houses.
Last year's sales reached more than 1 billion. So far this year, the sales have exceeded last year's sales. It is expected that this year's sales will exceed 2.5 billion.
Although Huawei's R&D investment is not as large as the billions of dollars invested by Li Qingfeng's companies, their R&D profit ratio is frighteningly high. They dare to invest 400 million yuan in R&D for every 500 million yuan they earn. This courage alone is unprecedented in China.
Tie Xiang visited Huawei some time ago. After learning about Huawei's internal situation, he promised on the spot that as long as Huawei's programmable switching systems successfully enter the international market, the country will fully support it, not only providing buyer's credit, but also fully supporting Huawei in domestic market competition.
In fact, the country did so. When Warwick's programmable switching systems went abroad, the country provided a large amount of foreign exchange to help Warwick build infrastructure around the world.
Of course, this money comes at a price. If Nintendo hadn’t been smart enough to do something fancy, he would have most likely been kicked out after the company went international.
After the inspection, we came to Lao Ren’s new office.
Sitting on the sofa in a not very large office with simple decoration, Lao Ren enthusiastically made tea for Li Qingfeng.
"Teacher Li, congratulations. I heard that your Ziyun Equipment's preparations for listing were very successful. It is said that once it is listed, it will become the company with the highest market value in the country. Now the stockholders are looking forward to Ziyun's listing. Even many young men in our company who trade stocks have prepared money and are waiting for Ziyun to go public and buy in to make a fortune."
Qingfeng Li waved his hand: "Why? From what you said, you want to buy it too?"
"Of course, the company is developing a new product and is really short of money. If possible, we would also like to follow behind and make some money," Lao Ren said without hesitation.
“It’s OK to make some quick money in the short term, but long-term holding is not recommended.”
"You mean, you are not optimistic about the stock price of Ziyun Equipment?"
Li Qingfeng nodded and said without hesitation: "Of course, I let Ziyun go public to raise funds for research and development. When the required funds are raised, I will not interfere too much with the stock price. At that time, let the stock price fluctuate with the market."
It will take at least two or three years for Ziyun Equipment's first-generation lithography plant to be launched. If there is no news about the products in these two or three years, stock investors will have little patience.
Without real products and performance to support it, once the heat fades, the stock price will most likely plummet like a kite with a broken string.
Of course, if investors have full confidence in Qingfeng Li, perhaps the collapse of the stock price can be delayed a little. The capital market is realistic and involves real money. Feelings and trust can last for a while, but not for long.
Li Qingfeng's plan for going public was to raise the huge amount of research and development funds he needed. Naturally, he was not willing to spend too much money to maintain the stock price. At most, he would slowly buy back the shares in the market after the price dropped to a certain level.
After all, leeks have to be harvested. Instead of letting those companies that package broken stools that no one wants even if they are thrown into the scrap heap as being worth hundreds of dollars in their asset accounts to harvest them, it is better to let Li Qingfeng harvest them.
At the very least, all the funds collected by Li Qingfeng were used for the research and development of the lithography factory, and every penny carried the hope of technological breakthroughs.
Old Ren was stunned to hear Li Qingfeng's blunt words. How could he tolerate such words?
Seeing Lao Ren's expression, Li Qingfeng smiled and said teasingly, "Lao Ren, you're not going to turn around and find a reporter to expose me, are you?"
"How is that possible, Mr. Li, who do you think I am? You can't be exposed by anyone else." Ren Zhengfei shook his head and smiled, then handed Li Qingfeng a cup of freshly brewed tea: "Mr. Li, do you think Huawei is suitable for going public using your method? We are also short of money now."
"."
Li Qingfeng glanced at the other party and shook his head slowly, "I don't recommend it. I will give up 30% of Ziyun Equipment's shares at most. The remaining 70% will be controlled by my company. I have absolute say. Your Huawei's equity is too dispersed. If we go public according to our method, it will be easy to fall into internal friction when making major decisions later. Once external capital is introduced, the demands of each party are different. If we are not careful, the general direction of research and development may be led astray."
After listening to Li Qingfeng's story, Lao Ren shook his head with a little disappointment. He had originally planned that if Huawei could also get some R&D funds in this way, then the 3G communication R&D could be planned and launched.
Now it seems that we should proceed with the preparation of funds step by step. Fortunately, the company's sales and profits have been growing rapidly. In less than two years, we will be able to accumulate enough funds to start the research and development of 3G communications.
As they chatted, they talked about family. When Li Qingfeng heard Lao Ren say that his life was empty after the divorce and he didn't have time to spend more time with his children, he couldn't help but curl his lips.
Your life is not empty at all, the secretary-general beside you is quite pretty
When there is work, the secretary does the work; when there is nothing to do, the secretary does the work. Your brother has practiced this very well.
After staying in Warwick for lunch and getting to know some of the senior executives there, Li Qingfeng passed through customs in the afternoon and secretly headed to neighboring Hong Kong.
After all, he is the chairman of the company. He hasn't been to the company for such a long time. Now he is in Pengcheng. It would be unreasonable if he still doesn't go.
"Teacher Li, why didn't you notify the company to pick you up when you returned to Hong Kong?" After passing customs and sitting in a taxi in Hong Kong, He Guangqin couldn't help but ask curiously.
Li Qingfeng rubbed his brows and looked at He Guangqin unhappily. Why did this kid bring up such irrelevant issues?
If the company was informed, the little mixed-blood would know about it.
After all, the little mixed-blood had worked as the financial director of Lemon Company for a period of time, and he still had a few old subordinates under him.
Although I can't do anything for her, it's still quite simple to pass on a message.
In a cafe near the Lemon Company headquarters building in Central, Hong Kong, Li Qingfeng leaned back in his chair, drinking coffee while waiting for Fang Wanzhen to arrive.
Not long after, Fang Wanzhen, who received a call from He Guangqin, walked into the cafe with efficient steps. She glanced around the cafe, and when she saw Li Qingfeng in the corner, the corners of her mouth rose slightly, and she walked quickly towards Li Qingfeng.
As an old employee of Lemon Company, Fang Wanzhen has worked with the little mixed-race colleague for a long time. Now that the little mixed-race has returned to Hong Kong, they naturally meet often as old acquaintances.
Fang Wanzhen knew everything about what happened between the two of them. Naturally, she also knew why Li Qingfeng came to Hong Kong secretly and asked her to meet him in the cafe.
"Mr. Fang is here. I ordered a cup of black tea for you to moisten your throat first. Let's take this time to talk about company matters." Li Qingfeng pointed to the seat opposite, motioning Fang Wanzhen to sit down.
Fang Wanzhen nodded slightly in thanks, sat down gently, put her handbag aside, and met Li Qingfeng's gaze: "Chairman, I announced last year that I would retire this year. This year is about to end, and I have not received your signature on the retirement application I submitted."
"cough cough"
Li Qingfeng touched his nose in embarrassment, knowing that he was not being righteous by not signing the other person's retirement application. He forced a smile on his face and quickly changed the subject: "Boss Fang, let's discuss retirement later. The company is at a critical period right now, and you are the backbone. I will not be able to leave you."
"Chairman, I'm already 60 years old this year, and my eldest grandson is about to go to kindergarten." Fang Wanzhen lowered her head and parted her hair to let Li Qingfeng see: "Look at my hair. I have to dye it every few days."
Looking at Fang Wanzhen who kept wanting to retire, Li Qingfeng couldn't help but frown. What's wrong with Fang Wanzhen? She's at such an age, why would she go home to take care of her grandchildren?
Look at Sister Dong, sixty years old is the age when she can still make some efforts.
"Work for a few more years, until you're 65, and I promise to let you retire by then."
Fang Wanzhen's mouth twitched slightly when she heard this. She was silent for a long time before she spoke: "Chairman, are you just making empty promises to me? At 65, I don't know how my body will be by then, and whether I can hold on. I have been in this company for more than ten years, and I have worked hard even if I have no credit. You can't do that."
"0.1% of the shares." Before Fang Wanzhen could finish her words, Li Qingfeng interrupted her.
"what?"
"The 0.1% shares are not equity incentives. They are shares given to you by the company for retirement. They can be left to your descendants. However, if you need to sell them, they must be repurchased by the company."
Stock option incentive plans have only become popular in the United States after the development of the Internet in recent years. Although Lemon Company has not gone public, it has also adopted this model in the 1990s in order to attract talent.
However, it is a world-leading company after all, and its welfare benefits are world-class. When issuing equity incentives to employees, the shares given are not many and are redeemed upon maturity.
As the general manager, Fang Wanzhen does not have many shares in her hands. If she cashes out in her retirement, it will only be around 10 million US dollars, which is enough for retirement money, but compared with the 0.1% shares, it is not worth mentioning.
This 0.1 may not seem like much, but it depends on the overall scale.
Although Lemon Company is not listed, according to the estimates of authoritative organizations in the industry, once it is listed, its market value is very likely to exceed the 100 billion US dollar mark.
This 0.1% of shares is worth 100 million yuan, and the shares can be held by individuals. Judging from the current development of Lemon Company, there is still considerable room for future appreciation.
In addition, there are dividends every year. According to the company's current profitability, one or two million can be distributed every year.
With this stock, your descendants can rest easy.
Thinking of this, Fang Wanzhen suddenly felt that her waist and legs were no longer sore, and the fatigue from the high-intensity work in recent days also dissipated a lot.
He immediately and solemnly told Qingfeng Li not to worry about his health, saying that he could still work for another ten years, let alone five years.
Make sure to stay firmly in this position. If Wu Simin and his team cannot develop, I will not retire. (End of this chapter)
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