Reborn since 1993

Chapter 1284 You were given a chance, but you were useless.
Feng Miaoyu's words were a double entendre, containing multiple layers of meaning.

Li Dongling had just finished his meal, took a sip of tea, and looked at Feng Miaoyu with a smile, saying, "Editor-in-Chief Feng seems to have a hidden meaning in her words!"

Feng Miaoyu and Dongling High-Tech are familiar with each other, so there's no need for so many roundabout ways. The two sides have been cooperating for a long time, so there's no need to be so cautious in what they say. The news reports will be reviewed by the Beijing Business Daily.

The key point is that Dongling High-Tech is now the biggest advertiser for Yanjing Business Daily. More than half of the newspaper's advertisements are from companies such as Shenzhou, Feiyan Technology, Focus Media, Diweis, and BackJoy.

In addition, Yanjing Business Daily is also the core news content provider for the mainland version of China.com.

No one can betray themselves, especially when it comes to matters of self-interest. It's a matter of self-interest. When the Beijing Business Daily reports on Dongling High-Tech, it won't create scandals or drive away its major financial backer.

"This year, Dongling High-Tech has given a surprise to the domestic and the world."

Congratulations to Dongling Hi-Tech for becoming a Fortune Global 500 company, setting a record as the fastest company to reach the Fortune Global 500.

Mr. Li, what are your thoughts on this matter?

Feng Miaoyu first asked about the news that Dongling Hi-Tech had become one of the world's top 500 companies. Since Fortune magazine released the list, Dongling Hi-Tech has not yet responded to it.

This is a standard question for Feng Miaoyu. Her usual answers are various feelings, reminiscing about the hardships she has faced along the way, and finally, she adds an emotional touch. This is the usual routine.

However, Li Dashanren's answer surprised both Feng Miaoyu and the Yanjing Business Daily's interview team.

"Dongling Hi-Tech is not number one in the industry. As long as it is not number one, there is no difference between second place and last place."

Making it onto that Fortune Global 500 list isn't the end; there's still a possibility of being eliminated. I hope that one day, when the outside world evaluates Dongling Hi-Tech, it won't be based on that list, but rather, Dongling Hi-Tech is simply Dongling Hi-Tech!

Li Dongling looked at Feng Miaoyu and said, "Every technological era has an industry leader, just like Nokia in the feature phone era and Apple in the smartphone era. I, Li the Great Philanthropist, also hope that there will be an era that can be named after Dongling High-Tech!"

As for the Fortune Global 500 ranking, it is indeed useful, but how useful it is is hard to say. In reality, there is only a small difference between being on the list and being off the list.

Making it onto the list doesn't mean you can rest easy and never fall off. There are plenty of companies that have gone bankrupt in the Fortune 500.

For companies that like to pull off shady tactics, this list is a favorite. By leveraging the list's hype, they can secure large loans from banks, issue more shares on the stock market, and more easily fleece retail investors.

Unlike previous scams where scammers use titles like "Fortune 500" to lure victims into investing their money, promising high interest rates, they ultimately abscond with all the money.

In fact, Wall Street institutions prefer this list. With this list, they have a target to target and can use it to pull off some shady moves.

Otherwise, why would the Fortune Global 500 list, which was only launched in 1995, become a globally authoritative list in just a few years? It would have been impossible without the help of Wall Street institutions.

Dongling High-Tech is still in a period of rapid growth. Li Dashanren hopes that one day, the Fortune 500 list will be proud of Dongling High-Tech being on it, rather than Dongling High-Tech being proud of being on the list.

Li Dongling's answer was truly unexpected by Feng Miaoyu; he was completely unpredictable.

"Mr. Li, is there anything you would like to say to domestic technology companies that aspire to become Fortune 500 companies?"

"Surpass Dongling High-Tech!"

Li Dongling's answer was only one sentence: "Let our competitors stand up. Aren't they always thinking about challenging Dongling High-Tech? Then let them stand up. As long as they can overcome Dongling High-Tech, the title of Fortune 500 will be within their grasp."

Looking at Li Dongling's serious expression, Feng Miaoyu was certain that the great philanthropist was not joking.

But is it so easy for our competitors to do this? They used to be dominated by foreign brands.

Now, Dongling Hi-Tech is starting to suppress foreign brands in China and compete with them for market share abroad.

Our competitors are already struggling to deal with foreign brands, so expecting them to go head-to-head with Dongling High-Tech now is just a pipe dream.

"I believe that in the future, more and more domestic companies will emerge that can rival or even surpass overseas giants."

Li Dongling said to Feng Miaoyu, "Open your eyes and look at the world. The world market is huge, not just the domestic market!"

Li Dashan hopes that domestic technology companies can open their eyes to the world and stop thinking about exploiting people domestically. What kind of skill is it to only exploit people domestically? If you're so capable, go exploit people abroad!

If you're only good at bullying your own people, then you're not even as good as a South Korean company. South Korean companies know to go to mainland China and Southeast Asia to fleece their customers.

"Dongling High-Tech just had a phone call with Microsoft and Nihon, reaching a new project investment agreement of $4.27 million. Could you please disclose what this project is?"

Feng Miaoyu asked the question that the global technology industry was curious about: what kind of project could attract three Fortune 500 companies to invest such a large sum of money in its research and development? "The Stargazing Internet Set-Top Box!"

When Li Dongling said those words, Feng Miaoyu quickly wrote them down. This was definitely an exclusive news story for the Beijing Business Daily, or even a global exclusive.

"This is a hardware device that is based on the Internet and integrates media. I believe it is a product that is enough to change the entire media, television station, and television industry!"

Li Dongling only briefly revealed a little about the concept of a set-top box to Feng Miaoyu.

To be honest, the significance of internet set-top boxes goes far beyond simply bringing together major TV stations, movies, and TV series on a single platform.

More importantly, it offers a concept that can be used on computers, TVs, and even mobile phones. By installing a set-top box inside a TV, you can create a smart TV!

As Feng Miaoyu pondered Li Dongling's words, she realized that the stargazing set-top box was something she had never actually seen before. But the fact that Li Dongling had said such a thing gave Feng Miaoyu a vague feeling that the stargazing set-top box might be able to spark a revolution in the television industry.

"Does Mr. Li believe that the satellite TV set-top box can change the landscape of television sets and television stations in the future?" Feng Miaoyu asked tentatively.

"If one day the rules of the television industry are changed, it won't just be because of set-top boxes, but because of the internet and chips!"

Li Dongling did not give a direct answer, but instead offered another perspective, which also presented a new opportunity for competitors.

It remains to be seen how many competitors will be able to seize the opportunities presented by the Internet of Things and smart technology and be willing to invest heavily in testing the waters.

A company that can seize these opportunities can soar to great heights. Traditional home appliance companies that seize the opportunity can also be reborn by upgrading their equipment.

Although many people criticize smart TVs, as well as so-called smart refrigerators and smart air conditioners, as simply adding a chip, the so-called power saving and modes are all just empty talk.

Sales figures don't lie. People just love high-tech products, even if they look high-tech. Nobody likes something that hasn't changed in decades. It's human nature to like new things and get tired of the old!
After asking a few more questions, Feng Miaoyu took a deep breath and said, "President Li, Dongling High-Tech has finalized its year-end bonus distribution plan today."

Dongling High-Tech is one of the earliest companies in China to implement year-end bonuses, start-of-work red envelopes, and employee housing allocation for private companies.

This year, Dongling Hi-Tech's year-end bonus distribution plan set a new record. However, does this plan lack fair competition for other companies and negatively impact the development of the entire industry?

Feng Miaoyu also knew that the question she had raised was quite sensitive.

Even if Feng Miaoyu hasn't seen the online reports and other media outlets reporting on competitors' attitudes toward Dongling High-Tech's year-end bonuses, it's highly likely they are dissatisfied or even complaining.

They might not dare to do it openly, but secretly reporting it behind the scenes, or complaining through the media that the industry is too difficult and that Dongling High-Tech is disrupting industry order, is probably bound to happen.

Upon hearing this, Li Dongling chuckled and said, "There is no law that explicitly states that employees cannot be paid in a way that matches their efforts."

The current salary structure for Dongling High-Tech's employees in inland China is lower than that of employees in its subsidiaries in Hong Kong, America, and parts of Europe.

Li Dongling pointed out a fact: the salaries of Dongling Hi-Tech's employees in mainland China are not as high as those overseas. After all, the salaries offered overseas must be in line with local wages, otherwise they simply cannot cover the expenses of food, clothing, housing, and transportation.

Of course, this does not include supervisors. The salaries of supervisors and above at headquarters are naturally higher than those overseas, but it is a fact that the salaries of ordinary employees are the same.

"In the future, the salaries of Dongling Hi-Tech's inland employees will gradually converge with those of its overseas employees. Within Dongling Hi-Tech, we need to ensure fairness!"
The salaries of employees at Dongling High-Tech are far lower than those of overseas giants. The average salary at companies like IBM and Microsoft exceeds $51000, while the average annual salary at Dongling High-Tech's mainland China offices is only $2250!

From Li Dongling's words, Feng Miaoyu heard important news: Dongling Hi-Tech was actually planning to benchmark its employee salaries against those of giants like IBM and Microsoft.

This certainly doesn't mean that it can be caught up in a few years, it just means having a goal and an idea. From these words, Feng Miaoyu concluded that Dongling High-Tech's salaries and bonuses will probably be significantly increased in the future.

"Talented people should be treated in a way that reflects their talent!"

"In the future, Dongling High-Tech will offer more salaries and benefits to top R&D and technical talents, possibly with annual salaries of millions or even tens of millions of US dollars!"

Li Dongling, through Feng Miaoyu, is blatantly telling the outside world that Dongling High-Tech has no sense of ethics and will poach people at any cost if needed.

"Of course, if Dongling Hi-Tech increases salaries and bonuses, it would be a good thing for some companies as well!"

Li Dongling's words left Feng Miaoyu looking puzzled.

"Because Dongling Hi-Tech's costs have increased, competitors have the opportunity to defeat Dongling Hi-Tech!"

Li Dongling's meaning is very clear: Dongling Hi-Tech's high salaries and bonuses result in higher product costs. But isn't that a good thing for competitors? Their products have lower costs, so they have an advantage.
Feng Miaoyu felt that what he said made a lot of sense, but wait, something felt off.

(End of this chapter)