Reborn since 1993

Chapter 1022 The Art of Stud

Chapter 1022 The Art of Stud

"At present, Oriental Garden's domestic projects have been launched in ten cities, including Yanjing, Hanxi Provincial Capital, Yangcheng, Pengcheng, Shanghai and Hong Kong City, where Oriental Garden's employee housing projects have already begun!"

Gao Peng's voice continued to be heard. Dongfang Jiayuan Company was led by the logistics department of Dongling Hi-Tech. It mainly built employee housing for Dongling Hi-Tech employees. It was considered an internal employee welfare project.

In recent years, the logistics department of Dongling Hi-Tech has acquired a lot of land in various parts of the country, including Yanjing, Shanghai, and Gangcheng.

Especially this year, taking advantage of the downturn in Gangcheng real estate, Dongling Hi-Tech Gangcheng Company bought a lot of office buildings and land in Gangcheng.

Buying land now may seem like Dongling Hi-Tech is wasting money, but in the future, when the land prices in these places soar, these lands alone will save Dongling Hi-Tech a lot of money.

In addition to Pingyang and Hanxi provincial capital, Dongfang Jiayuan now provides housing for local employees of Dongling Hi-Tech Company in Yanjing, Gangcheng and other places.

After all, we have to treat everyone equally. It's impossible that the employees of Dongling Hi-Tech who work in the Pingyang headquarters have the opportunity to be allocated a house in Dongfang Jiayuan, while those in other places like Yanjing don't have this benefit, right?
What is worrying is not the lack of wealth but the inequality. People's hearts are gradually dissipated because of injustice. Absolute fairness is of course impossible to exist, but it is enough for Dongling Hi-Tech to maintain relative fairness.

The allocation of housing is considered a welfare benefit of Dongling Hi-Tech and is also the key to attracting talents!

It is not easy to live in a big city. Throughout history, many people have worried about finding a place to settle down. This is especially true in big cities like Yanjing. Many people have worked hard all their lives, but it is still difficult for them to buy an apartment.

Dongling Hi-Tech has built Oriental Garden as employee housing in these big cities. In the future, just by being able to allocate housing, they will have quotas for settling in Yanjing, Gangcheng, Shanghai, Pengcheng and other places. Are they still afraid of not being able to recruit technical experts?
“The strategy adopted by Dongfang Jiayuan now is to allocate 50% of the houses built in various places to the employees of Dongling Hi-Tech.

The other 30% of the housing quota will be subscribed by local municipal governments and other units, and the last 20% of the housing, mainly houses and villas, will be sold to the public!" Gao Peng said to Li Dongling.

Oriental Jiayuan was not built according to the standards of a luxury house, but its exterior design is more inclined towards the later building designs. It is mainly ten stories high and is used to build houses for its own people. The materials and construction are very solid, without any fancy operations.

Because there was a problem, the logistics department was responsible, so the quality was monitored very closely.

In addition, there are no public areas and the houses are simply decorated, so as soon as the houses in Dongfang Jiayuan are built, they will basically be in short supply.

Not only the internal staff of Dongling Hi-Tech were scrambling for the allocated housing quotas, but there were also many people from outside who wanted to get a quota.

There is also a shortage of houses in various parts of the country, including municipal government departments. If we rely solely on units to build houses, the waiting lines will be so long that we don't know when.

Even if you get a quota, the house you are allocated is still far inferior to Dongfang Jiayuan. Naturally, Dongfang Jiayuan has become a hot spot in the eyes of countless people.

In addition to the residential quotas for Dongling Hi-Tech employees, Oriental Jiayuan also reserves quotas for municipal government agencies. These people also have to pay the purchase price when they move in, but they buy it at cost price, which is about 1,000 yuan per square meter on average.

Dongling Hi-Tech does not charge them any interest. With this kind of pricing, Dongfang Jiayuan Company can basically just break even.

However, if the Oriental Jiayuan project wants to continue to operate, it needs to generate revenue and make money to continue operating continuously. It cannot just rely on the headquarters to throw money at it.

This is just like the Zhixing Foundation and the Nobel Prize. The Nobel Prize has been running for more than a hundred years and has given out more and more money. It would have been impossible to continue relying solely on the little funding given by the founder back then.

The money that the Nobel Prize gives to winners now is all earned by the Nobel Foundation itself. It has already earned billions of dollars through bank interest, investments in stocks, bonds and other industries.

If Dongfang Jiayuan wants to keep operating, it cannot just rely on the money from Dongling Hi-Tech's logistics department, nor can it just sell houses at cost price. If it wants to build houses with better quality, more modern technology, and start more projects, it needs to raise money on its own.

Gao Peng's logistics department wanted to use the residential and luxury home model, selling employee housing to Dongling Hi-Tech employees at an affordable price, and selling foreign houses and villas to the outside world.

The houses in Oriental Jiayuan are backed by Dongling Hi-Tech and local municipal governments, and are definitely considered high-end residences in the local area. The houses and villas are very salable.

The income from the foreign-style houses and villas can also make the brand of Oriental Jiayuan more famous and raise more funds.

"It is expected that by the year after next, the Oriental Jiayuan project will be able to be separated from the logistics department and start to be self-sufficient!" Gao Peng said to Li Dongling.

Li Dongling nodded after hearing this. If Dongfang Jiayuan could support itself, the speed of building houses would be much faster in the future.

But Mr. Li still said to Gao Peng, "The quality of Dongfang Jiayuan must be guaranteed. I don't want to hear about any quality issues at Dongfang Jiayuan!"

The residences in Dongfang Jiayuan are mainly prepared for their own people. If any problems arise, it would be like one's own people pitting one's own people, which is something that Mr. Li cannot tolerate.

Seeing the look in Li Dashan's eyes, Gao Peng's heart trembled, and he gritted his teeth and said, "I am personally responsible for the quality of Dongfang Jiayuan. If there is any problem, I will be personally responsible!"

With Gao Peng's current status, his logistics department is on par with the production department. They are the two departments with the largest number of employees in Dongling Hi-Tech. Being able to say this is basically a military order.

After Gao Peng, personnel from other departments of Dongling Hi-Tech also reported one after another. The year-end meeting basically reported on the current year’s situation and then anticipated next year’s business.

Mr. Li just listened to the reports from other departments, but he pricked up his ears for the reports from the technical department and the financial department.

Next year, Dongling’s high-tech department will be under great pressure, as there will be new projects to be completed from the beginning of the year to the end of the year.

As the general manager of the technical department, he is not only responsible for the technical projects of the headquarters, but also for Feiyan Technology, Dongxin Semiconductor, Oriental Optoelectronics, Oriental Storage, the automotive department, and the Chitu electric bicycle department. The technology is also under his control as the head of the department.

Chen Tao is under tremendous pressure. Of course, pressure also means power. Chen Tao's power within Dongling Hi-Tech is also top-notch. "Next year, the technical department expects that the new project should be able to be developed, but it requires cooperation from companies such as Dongxin Semiconductor.

If the plan can be successfully completed, it is expected that two new products will be released in the first half of the year, namely Feiyan MP3 and the second generation Shenzhou computer! "

Chen Tao said that these two products are currently being intensively developed by Dongling’s high-tech department.

As Dongling Hi-Tech is about to see a technological explosion in the next year, it can be said that it will be a test of what Dongling Hi-Tech has come up with after investing so much money every year over the years.

In addition to these two products, Dongling Hi-Tech will also have several projects in the second half of the year, including the Shenzhou all-in-one computer and the first GSM Shenzhou mobile phone.

But to be honest, the technical difficulty of the last two products made Chen Tao feel a little unsure.

Li Dongling listened to what Chen Tao said and knew what he meant. Several new products of Dongling Hi-Tech next year will test the chip functions very much, which requires Dongxin Semiconductor to step up and develop suitable chips for these new products.

Given Dongling Hi-Tech's current relationship with overseas chip giants such as Intel and Toshiba, unless Dongling Hi-Tech can cut off its own arms and shut down Dongxin Semiconductor, these chip giants will probably never supply chips to Dongling Hi-Tech.

But, to be honest, even if Dongling Hi-Tech does not develop its own chips, it is hard to say whether companies such as Intel, Toshiba, and Texas Instruments are willing to supply Dongling Hi-Tech with the most advanced high-end chips.

At this point, Dongling Hi-Tech has no choice but to go down one path. There is no turning back. It has to support Dongxin Semiconductor in developing high-end chips at all costs. There is still some hope. Otherwise, it will probably be controlled by others in the future.

“All departments of Dongling Hi-Tech must fully support the new projects of the technical department next year, at all costs, including financial investment!”

Li Dongling spoke to the Dongling Hi-Tech executives in the conference room.

After Mr. Li finished speaking, Hu Zixian, who was in charge of Dongling Hi-Tech's purse, also stood up.

After taking a look at Li Dongling, Hu Zixian said, "Next year's budget for Dongling Hi-Tech will be allocated based on last year's revenue, and R&D funding will account for 15% of last year's revenue!"

As soon as the words fell, the conference room fell silent. Except for Li Dongling, Ren Yuefeng and others who already knew about the situation, all other executives including Chen Tao were stunned.

Based on last year's revenue, R&D funding increased to 15%, which is almost equivalent to US$ billion in R&D funding. This is almost outrageous in the domestic technology industry.

Although Chen Tao had a hunch that the scale of Dongling Hi-Tech's R&D funding might increase next year, he did not expect it to reach this level!
However, Li Dongling feels that the R&D funding is actually too little. But the proportion of 15% of the total revenue is already the limit of Dongling Hi-Tech.

This is based on the fact that Mr. Li did not withdraw too much funds from Dongling Hi-Tech. The operation of the entire Dongling Hi-Tech is under the supervision of the Budget Management Committee, so this amount of funds can be squeezed out.

But after this money was distributed to the technical department of Dongling Hi-Tech's headquarters, as well as Dongxin Semiconductor, Oriental Optoelectronics, and Chitu Company, it was actually not very noticeable, and they might even be living a tight life.

……

The scale of Dongling Hi-Tech's annual meeting is getting bigger and bigger every year, and the stars, singers, and performance teams that perform there are getting more famous every year. However, the time that Li Dongling, Ren Yuefeng, Zhang Ao and others stay at the annual meeting is getting shorter and shorter every year.

But the annual meeting is just like the Spring Festival Gala. No matter how good it is, it is necessary for it to exist, especially for Dongling Hi-Tech. The annual meeting every year has different meanings in the eyes of different people.

Especially for Dongling Hi-Tech's senior executives working outside the city, the annual meeting is one of the few times throughout the year when they can visit the headquarters to build relationships, build connections, and pay respects. This annual meeting is very important to them.

"Lao Gao, this annual meeting organized by the Logistics Department is becoming less and less interesting!"

Standing backstage at the annual meeting, looking at the stars preparing to perform on stage, Zhang Ao said to Gao Peng with some boredom.

Of course Gao Peng understood what Zhang Ao meant. In the past, although the annual meeting of Dongling Hi-Tech was organized by a makeshift team and there were no stars, and Zhang Ao, Gao Peng and others had to perform on stage, the atmosphere was much more lively.

Now, the Dongling Hi-Tech Annual Meeting has fulfilled Zhang Ao’s long-cherished wish of allowing celebrities to perform at the Dongling Hi-Tech Annual Meeting.

Dongling Hi-Tech can invite celebrities from China, Hong Kong, Taiwan, and Japan to perform on stage whenever it wants, but Zhang Ao feels that the annual meeting has become somewhat boring, and their senior executives are more like mascots sitting there.

"This annual meeting is not held for you!" Gao Peng rolled his eyes at Zhang Ao and pointed at the Dongling Hi-Tech staff outside. "They like to watch the stars perform, not us howling like ghosts!"

Gao Peng was obviously aware of his own singing level, and Zhang Ao couldn't help but laugh when he heard it.

Just like in previous years, after the annual meeting opened, Mr. Li was invited to the stage.

"The goal of Tanglin Hi-Tech has always been to survive, and I'm glad that Tanglin Hi-Tech has achieved it this year!"

“There will be bread and milk. I know many people are worried about what will happen to Tanglin Hi-Tech next year and the year after.

I can guarantee that Dongling Hi-Tech will not lay off any employees in the next three years.

Tanglin Hi-Tech will deliver on what we promised everyone: year-end bonuses, salary increases, new housing, childcare centers, secondary school admissions for Tanglin Hi-Tech employees’ children, free annual physical examinations, etc.!"

(End of this chapter)

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