Reborn in 2011, 985 missing from two copies

Chapter 605: The end of the annual meeting, the final round of the battle of thousands of groups!
The perceptive employees have discovered that in previous annual meetings, President Wang would give priority to the mobile phone, tablet, TV and other business units and award them awards.

But this time, Wang Yi started directly from Xingyi Smart Home, and then AI translation, AI voice interaction, AI algorithm team, etc., a first-class AI-related business unit!
The meaning behind this change is not simple.

Could it be that Xingyi Technology's next core priority has shifted from hardware products such as mobile phones and tablets to AI algorithms? An AI division?

For a time, many people had speculations.

Even if it is not a complete transformation, it at least shows that the priority of AI algorithms and AI-related business units will be greatly improved in the future.

It is even on par with the first-tier mobile phones, Changliao, Tik Tok, etc.!

This has a huge impact.

You have to know that last year's AI-related businesses were at most second-tier businesses, like games and animations, and could not be compared with mobile phones, Changchat, and Tik Tok.

But now the probability has changed.

Wang Yi continued: "Next, the Consumer Electronics Division."

"Xphone 2 pro and Xphone 3 series are both very successful and popular all over the world. The R&D team is rated S! 8-10 months year-end bonus!"

"The first generation of the Unbounded mobile phone has sold over 1 million units in just half a year! The R&D team is rated S! 1.2-8 months of year-end bonus."

"The sales of the Unbounded S series exceeded 4000 million within two months of its launch. It has been a global hit and the R&D team rated it S! We will receive an 8-10 month year-end bonus."

As for the Unbounded Note series, it was just launched a few days ago, so we can only wait and see its sales this year and wait for the next annual meeting.

"Xingyi Tablet 2nd Generation, best-selling worldwide, R&D team rating S, 8-10 months year-end bonus."

"Xingyi TV 2nd generation, best-selling worldwide, R&D team rating S, 8-10 months year-end bonus."

"The XOS system has won the favor of many users with its powerful performance and smooth experience, especially the alarming growth in the number of overseas users. Currently, the total number of active XOS devices worldwide has exceeded 6 million terminals!"

"XOS system user IDs have exceeded 4 million and is about to surpass IOS system to become the world's second largest mobile operating system."

"The XOS system development team deserves great credit for achieving such success. We give them an S rating and 8-10 months of year-end bonus!"

Hearing this, many people were excited, and there was a burst of noise at the scene:
“Has the number of active devices exceeded 5 million? That’s amazing.”

"What's the big deal? In less than half a year since the launch of the Unlimited smartphone, 1.6 million units of the three models have been sold, not to mention the Xingyi smartphone."

"Yes, the total number of these two is at least 5 million. There are also Xingyi tablets and Xingyi TVs!"

"No, if we calculate it this way, the total number of devices should not be 6 million, but 7 million terminals, or even 8 million!"

"It's normal. The chairman said there are 6 million active devices, which means they are in use every month. As for Xphone 1, Xphone 1pro, Xingyi Tablet , etc., they were all released two or even three years ago. Many people bought new phones, and the old ones became spare phones. It's normal for them to become inactive devices."

"Yes, I have several old devices and models at home."

"That's amazing. The number of accounts has exceeded 4 million. Isn't that catching up with iOS?"

"Yes, the number of active iOS devices is estimated to be around 6 million, and the number of ID accounts is less than million. This year we will surpass iOS and become the world's second largest."

Wang Yi continued: "Kunpeng 902 surpasses the same generation of Qualcomm flagship processors Snapdragon 800/801, as well as Apple A7 processor and Samsung Orion processor, reaching the pinnacle of performance again. The R&D team is rated S and will receive an 8-10 month year-end bonus."

"Special Contribution Award, Kunpeng 902 R&D Director, President George, Rating SS, Bonus 100 million!"

"Yes!" George was in a good mood.

Although not as good as last year's Williams SSS rating and 200 million bonus, it is also very good.

After all, the success of Kunpeng 902 is built on Kunpeng 702, and the team was also created by his mentor Williams.

George thought it was normal that the bonus was half of Williams'.

On the contrary, if it is as much as Williams, then something is wrong.

After all, Williams did not receive any additional special contribution award at this annual meeting.

There is no other reason. The PC chips that Williams is responsible for did not produce significant output last year, so naturally there is no special bonus.

Not only him, but the entire PC chip R&D team did not receive any year-end bonus.

This is Wang Yi's rule. If you have good output, you will get a big prize! If you have amazing output, you will get a special prize!
If you don't produce anything, then I'm sorry, you have to sit on the bench and watch others win awards. Wait until you have some output, then you can win the big prizes or special awards.

At last year’s annual meeting, George and the Kunpeng 902 team were so eager to see others win awards that they worked hard to make Kunpeng 902 such a success.

But this time, the ones watching eagerly were Williams, Zhang Chao, and the graphics card team.

Of course, although Zhang Chao’s Kunpeng 906 performed very well, it will only be put into large-scale commercial use this year. The final sales volume and market conditions will determine how much year-end bonus he will receive at the next annual meeting.

The same is true for the PC chip department and graphics card team.

If there is output this year, you will get a huge year-end bonus at the beginning of next year.

If you don't produce anything this year, you will continue to sit on the bench at the beginning of next year and watch others get huge year-end bonuses.

Under this model, the employees' subjective initiative and hardworking spirit can be maximized.

After all, those with an S rating this year will receive an 8-10 month year-end bonus. According to this rule, those with an S rating next year will receive a 10-12 month year-end bonus.

Employees with outstanding performance within the department can directly receive an additional 12 months of year-end bonus, which is equivalent to 24 salaries a year!
Even those with the worst performance will receive a 10-month year-end bonus, equivalent to 22 months' salary.

Getting 12 salaries or 24 salaries, the difference is not just a little bit, it’s a full double!
In order to double the year-end bonus, employees will work hard with all their might without any PUA or empty promises from their leaders.

There is no way, the pie of Xingyi Technology is there, big and round, and it is a pie that can be eaten!

Some department leaders are not capable and do not work hard enough, and some employees report that their leaders are not proactive in their work, which hinders the team's progress and prevents them from receiving their S-level year-end bonuses!
Even if it is a year-end bonus for 10 months, it would be 10 to 20.

Not to mention in 2014, even in 2024, a year-end bonus of 10 to 20 is a lot of money.

Cutting off someone's money is like killing one's parents.

The department leader wanted to give up the business so that he could earn 10 or even 20 less, but the employees refused to agree.

It is for this reason that the core R&D personnel of Xingyi Technology are as fierce as wolves and tigers, with high morale.

Why was working at Huawei so tiring in the previous life, but no one complained because the money was paid!

But other companies are different. If you learn Huawei’s work intensity but not its high salary and benefits, that would be disgusting.

Wang Yi continued, "The baseband department has successfully developed the 4G baseband Wing Loong 4000, which has enabled us to join the 4G club and integrate it into commercial use. This is an indispensable contribution! The year-end performance rating is SS, and all employees will receive a 10-12 month year-end bonus!"

"Special Contribution Award, Director Pang Liguo, rating SS+, year-end bonus 150 million! Congratulations again to Director Pang!"

Pang Liguo walked onto the stage with a smile on his face, in a very happy mood.

Last year, their team developed the 3G baseband, realizing the creation of Xingyi Technology's 3G baseband from scratch. The entire team received an S-level year-end bonus, and he personally received an SS-level special contribution award of 100 million!
This year, they developed the 4G baseband, and the entire team was upgraded to SS-level year-end bonus. He personally also became SS+, with a year-end bonus of 150 million!
Second only to Mr. Hu’s 400 million jackpot and Williams’ 200 million!
The baseband department is also the second SS-level year-end bonus team!

The reason is simple. 4G baseband is much more important and more difficult than 3G baseband, so naturally the reward is higher!

This was Wang Yi’s initial promise to the baseband department, and it has now been fully fulfilled.

"Last year, Xingyi Fab made great progress. After achieving mass production of 40-nanometer chips the year before, it also achieved mass production of 28-nanometer chips last year. The 28-nanometer process R&D department made an indispensable contribution. The year-end performance rating was SS+, and all employees received a 12-14 month year-end bonus!"

Hearing this, there was a sensation at the scene!
The first SS+ sector appears!
This has never happened before!

12-14 months year-end bonus for all employees!

For a time, other departments were envious.

The salary in the semiconductor process R&D department is already high. Other R&D personnel earn 1 to 2 yuan per month, while the semiconductor process R&D department earns 2 to 3 yuan!
If you get another 12-14 months of year-end bonus, that would be 24 to 42 yuan in year-end bonus!
The year-end bonus alone is higher than the all-inclusive salary of most employees, and higher than the all-inclusive salary of 95% of employees in the BAT companies.

However, although we are envious, we also understand how difficult the 28nm process is and how much the entire department has contributed.

Many engineers live in the R&D plant for several months, working on research and development day and night!

Wang Yi continued, "Special Contribution Award, Mr. Hu, rating SSS+, year-end bonus 600 million!"

"Thank you Mr. Hu, thank you 28nm process R&D team, thank you!"

Wang Yi expressed his sincere gratitude.

The success of Xingyi mobile phones, the success of Xingyi tablets, and even the success of Xingyi TVs are, to a large extent, inseparable from the success of Kunpeng chips.

The success of Kunpeng chip is inseparable from the breakthrough of wafer fab technology.

No matter how powerful the Kunpeng chip is, it will easily be stuck if it fails to achieve self-developed and self-produced 28nm process.

Wang Yi understands the strategic significance of this, which is why he has always put wafer fab process research and development and chip mass production first, above chip research and development, mobile phone research and development, and system research and development.

To put it bluntly, there are many companies that can develop mobile phones, and developing mobile phone systems is not difficult either. However, looking around the world, only a few giants can develop high-end chip production technology and achieve mass production of 28-nanometer chips.

Nothing else.

And the breakthrough in technology is inseparable from Mr. Hu!
It was Mr. Hu who formed a team and created the process R&D team of Xingyi Semiconductor from scratch!
It was also because of Mr. Hu and the entire team’s hard work day and night that they were able to complete the journey that took Samsung and TSMC more than ten years in just two years!

Thank you so much!

Applause broke out at the scene, and Mr. Hu walked up to the stage to receive the award, feeling very happy.

When he first came to Xingyi Technology, he also had the mentality of taking a gamble and did not think that Xingyi Semiconductor would be successful.

However, Wang Yi was a practical man who invested money at all costs. He provided money, people and resources when needed.

The development of Xingyi Semiconductor has far exceeded Mr. Hu’s expectations.

The salary is shockingly high.

The basic salary that Wang Yi offered to Mr. Hu is already comparable to that of Samsung and TSMC.

Last year I gave him 400 year-end bonus, this year I gave him 600 million!

This completely surpasses the treatment he received at Samsung and TSMC!
It completely exceeded expectations.

"Mr. Hu, thank you." Wang Yi walked up and shook hands with Mr. Hu with a smile.

Mr. Hu gave me so many surprises.

"I should thank Mr. Wang for giving me such a good platform as Xingyi Semiconductor and for his unremitting support."

Mr. Hu was very excited: "Nothing else to say, I will do my best."

"Okay!" Wang Yi smiled with relief.

Needless to say, the four words 'go all out' represent everything.

Now that Mr. Hu has said so, the 14nm process has a promising future.

Even if we can't handle it this year, it won't be a big problem next year.

By then, we may be able to overtake TSMC or even Samsung.

In the 14-16nm field, Samsung is ahead of TSMC.

The annual meeting continued: "The Changchat department has performed outstandingly, with the number of global users exceeding 7 million! The year-end performance rating is S, and all employees will receive an 8-10 month year-end bonus!"

"TikTok department, the number of global users has exceeded 6.5 million, unstoppable. Year-end performance rating S, 8-10 months year-end bonus for all employees!"

Originally, the number of TikTok users was only around 4 million, far behind Changchat.

But the New Year’s Eve red envelope activity directly brought Douyin to fame.

In addition, it is easy to get addicted to Douyin, and the number of users has increased dramatically, almost catching up with Changliao.

"Xingyi Video Division, rated S..." "Xingyi Music Division, rated S..."

There are also business units such as animation and games, which are rated separately based on the performance of different teams.

Performance S means outstanding performance, A means excellent performance, B means good performance, and C means average performance.

However, there are currently no D-level performance indicators with poor performance.

There is no other reason. The top management of the C-level division with mediocre performance will be fired.

Even in S-level divisions, employees who are rated C-level in the year-end assessment will be included in the retention review.

In fact, in large companies, whether it is BAT, Huawei or ZTE, as long as you get a C-level year-end bonus, your future is basically bleak, and it is almost impossible to renew your original position.

Fortunately, I was demoted and had my salary cut, and transferred to a front-line position.

If you are unlucky, you will have to leave when your contract expires and it will not be renewed.

I was very unlucky. I was laid off before the contract expired...

Similarly, Xingyi Technology does not keep idle people, but as long as it is not a matter of principle and the person’s character is good, they will not lay off employees directly, but will give them more options.

There is no way, getting a C-level performance certificate means that you are not capable enough, or that you have enough ability but not enough effort.

But no matter which one, they can no longer keep up with the development of the original team, cannot stay in the core team, and can only take a pay cut and transfer to another position.

Transfer to a front-line position, transfer to other departments, or subsidiaries.

For example, a C-level performance in the Xingyi mobile phone R&D position can be transferred to the Wujie mobile phone R&D position.

Zhenyou C-level designers can transfer to Meiyu Design or Qingyu Designer.

After the job change, the salary may decline slightly, but it will not lead to direct layoffs and unemployment.

Of course, employees can also choose to receive severance pay and join friendly companies.

However, competitors generally look down upon employees with C-level performance.

Competitors spend money to poach people, and they poach S-level elite backbones and SS-level core experts.

Not many big companies would be stupid enough to poach a C-level player.

As for small companies, they will poach C-level players, but the players don’t dare to go.

Small businesses are in danger of going out of business at any time.

Of course, a C-level employee who has been demoted and had his salary cut is not sentenced to death. If he works hard to improve himself and has outstanding performance, he can get S-level status in the subsidiary, or even get promoted again and get a salary increase and return to the head office.

To put it bluntly, everything depends on strength.

"The Ele.me business unit has continued to expand its territory over the past year. Currently, Ele.me is available in 402 cities! It has covered all first-tier cities, second-tier cities, third-tier cities, fourth-tier cities, and most of the fifth-tier cities in China!"

"Ele.me's North and South regions both have outstanding performance, S rating, 8-10 months of year-end bonus!"

At last year’s annual meeting, Ele.me had only opened operations in 185 cities.

In just one year, we have reached 402 cities, which can only be described as rapid progress.

There was no other way, so Wang Yi broke the chaotic situation and divided Ele.me into two major regions, north and south, with two directors leading each team to engage in internal competition.

There is no need for KPI assessment. Every month, both sides compete to open new sites, enter new cities, and win new brands and merchants.

In just one year, more than 200 cities were captured again.

If this trend continues, by the end of this year, Ele.me will be available in almost all cities across the country.

What’s interesting is that after several years of money-burning wars, the battle among thousands of group buying platforms has reached the final round.

By 2014, those group buying giants that were once in their heyday were on the verge of collapse.

Even the so-called major group buying giants, such as Lashou.com, Wowotuan, Youpeng.com, etc., have all died or disappeared.

Only a few lucky ones, such as Meituan and Dianping, made it to the final round with the continuous support of capital behind them.

But it also hurts a lot.

What’s even more interesting is that now, when everyone started to fight, they found that the group buying market is just like that and there is no winner at all.

On the contrary, the takeaway market is the king and has unlimited potential.

But unfortunately, there are more than 600 cities in China, and Ele.me, owned by Xingyi Technology, has already taken over 402 cities and has become deeply rooted.

There are only about two hundred fifth-tier small cities left, and they are also constantly developing.

Under this situation, whether it is BAT or Meituan Dianping, they are powerless if they want to do food delivery.

Even the bald and powerful King Xing was overwhelmed and helpless.

What's more, this is the business of big brother Xingyi Technology. Even if he wants to do it, he is afraid of being cut off.

There is no other reason. As a major shareholder of Meituan, Xingyi Technology controls Meituan’s shares, traffic and destiny, so Wang Xing dare not act recklessly.

Like JD.com, Meituan was able to make it to the final round thanks to Wang Yi’s investment and traffic support.

If Wang Yi does not invest, and Changliao and Douyin do not provide traffic, Meituan’s future will be worrying.

But now, with the support of Wang Yi, Meituan, Dianping supported by Tencent, Nuomi of Baidu, and Koubei of Alibaba are fighting back and forth, and even doing it with ease!

It can be said that when the battle of thousands of groups reached the final round, only four giants were left.

Behind these four giants is XBAT.

However, like Tencent, Xingyi Technology did not personally participate in the event and supported Meituan and Dianping as agents.

Baidu and Alibaba’s support plans failed, so they had no choice but to roll up their sleeves and take action themselves!

As for what the final result will be and who will be the winner, it all depends on the game between the four giants this year.

Afterwards, Wang Yi presented awards to the Mayu team, and the whole process came to an end.

"The award ceremony ends here. I wish Xingyi Technology a prosperous future and all employees great financial success!"

Wang Yi, Song Sining, Zhu Changlin and other senior executives raised their glasses and faced the crowd.

All the employees raised their glasses and drank together.

Everyone had a smile on their face.

This year's year-end bonus is still as good as ever, two months more than last year!

In contrast, many companies only offer a year-end bonus for two months, or even no year-end bonus at all.

Even at Baidu, the year-end bonus is only 2-6 months.

Ali 3-8 months.

That’s right, the year-end bonus is so little these days.

For a company like Xingyi Technology, it takes 6-14 months directly, which is definitely rare and even a bit against the rules.

"Next, everyone, eat well, have fun, and drink well." Wang Yi said with a smile: "Of course, we won't urge people to drink, and we won't have a drinking culture. Those who are on good terms can drink a few more glasses. Those who don't like drinking can drink Sprite or Coke, whatever. We at Xingyi Technology resist the drinking culture."

"Thank you, Mr. Wang!" Everyone was very excited.

There are many young employees in Xingyi Technology, and most of them do not like the drinking culture.

I don't like those who take advantage of their seniority.

"Everyone eat well, drink well, and have fun."

Afterwards, Wang Yi, Song Sining and other senior executives left the stage, and the stars of Xingyi Media began to perform on stage.

The big three opened the show with singing and dancing, and each program was as spectacular as the Spring Festival Gala.

Employees from various departments sat in the audience, eating, drinking and watching the show.

There is no need to perform on stage at all.

That’s right, at other companies’ annual meetings, each department puts on a show and department employees perform on stage.

It’s such a nice annual meeting, but I’m exhausted from organizing it.

But Xingyi Technology does not use these. Instead, celebrities appear on stage and the employees enjoy a feast for the eyes.

Of course, the stars don’t perform for free. On the contrary, although they are their own artists, they also receive appearance fees.

Xingyi Technology has always been generous with its own artists.

And these stars are showing off their unique skills and representative works, striving for perfect performance.

There was no other reason, Mr. Wang was watching right there.

If a star performs well, just say “this guy is good” and his resources will be upgraded to a higher level next year, or even his status will be upgraded!
As you can imagine, newcomers and former stars are all vying to give it their all! Big-name stars are not to be outdone.

Everyone knows how cruel the entertainment industry is.

However, Wang Yi doesn't pay much attention to these.

In Wang Yi's mind, entertainment is far less important than technology and semiconductors.

The annual meeting did not end until the early morning.

Many employees returned to Xingyi Smart Hotel.

Wang Yi and Song Sining returned to the presidential suite in the exhibition hall.

Another night of fun.

The next day, the sun rose three poles.

Li Wei drank a lot last night and woke up at ten o'clock, feeling hungry.

"Xiao Ai!"

"exist."

"hungry."

"That's easy. There's a five-star Chinese buffet restaurant on the 37th floor of Building A of the Xingyi Smart Hotel. There's also a five-star Western buffet restaurant on the 37th floor of Building B of the Xingyi Smart Hotel next door."

"Five-star Chinese buffet restaurant, Western buffet restaurant!" Li Wei's eyes lit up.

After arriving yesterday, I started eating there. I never expected that Xingyi Smart Hotel has a standard five-star sky buffet restaurant!

"Yes, and your suite specification includes free breakfast and afternoon tea."

"It's free!" Li Wei was surprised again.

"Of course. In addition, if you don't want to eat at the buffet, you can also go to the banquet hall in the exhibition building. There are many top chefs cooking various cuisines and delicacies, and there are private rooms of different sizes. But you need to pay and order."

(End of this chapter)