I can become stronger by paying salaries. I have one billion employees!

Chapter 116: 1.3 billion gross profit, 494 strands of humane fire (subscribe)
In mid-to-late March, time passed by like a wisp of smoke.

After joining the company, Wang Teng communicated the requirements with Chen Yansen and immediately began to write product documents.

We also worked with system architects to optimize and reconstruct the hardware abstraction layer, kernel, system service layer, application framework layer, and application layer, striving to achieve system stability and scalability.

By the last day of the month, the research and development team, temporarily named Aurora OS, had expanded to 39 people.

60% of these engineers were recommended by headhunters, demonstrating the aggressive nature of Chen Yansen's talent acquisition efforts. The remaining 23 are still in the process of completing their resignation procedures, thus essentially completing the Aurora R&D team.

At the same time, Zuo Hongyu sent Chen Yansen the list of electronic components currently used in mobile phones priced between 1500 and 3000 yuan on the market, as well as preliminary quotations.

And tell him that the purchase price and payment period can still be negotiated, and once the scale increases, there will be at least 20%-30% room for negotiation.

Chen Yansen secretly estimated that it seemed that Lei Yijun was right. Xiaomi really couldn't make money from hardware. No wonder it later launched the Redmi series, which was to seize market share and make profits from the software side.

"Brother Sen, all the group leaders are here and are in conference room 218." Hu Yun came over with a computer in his arms and reminded him.

Chen Yansen checked the time on his computer: March 31st, 4:30 p.m.

He responded, stood up and walked towards Room 218 with Hu Yun.

As the boss, he certainly couldn't miss Fox Tao's first quarterly financial meeting.

Pushing the door open, Chen Yansen took a quick look around.

Zhang Wenbo, Xiang Pengfei, Song Yuncheng, Chen Xu, Du Yaoyao, Zhuang Rui, Yuan Wei, Li Hui, Wang Zihao and Meng Xibo occupied most of the seats.

In mid-March, Du Yaoyao was promoted to editor-in-chief.

Li Hui was promoted to head of the investment promotion team due to his outstanding performance in Q1.

As one of the first categories, Chen Xu was promoted to the position of category leader by Chen Yansen this month.

Among these team leaders, except Yuan Wei, design team leader Tang Qin, and activity team leader Wang Yunxia, ​​most of them were selected from the first batch of seed employees.

"The team leaders' performance reports will be held after the holiday. Hu Yun, let's talk about the data first."

Chen Yansen pulled out a chair and sat down, then said to Hu Yun.

"Let's start with traffic." Hu Yun cleared his throat, set up the screen projection, and opened the PPT. "In January, the average daily active users were 136 million, with new customers accounting for 39.4%; in February, the average daily active users were 154 million, with new customers accounting for 40.7%; in March, the average daily active users were 207 million, with new customers accounting for 43.6%. Our cumulative user registrations are 9847 million, quarterly active users are 5942 million, and monthly active users are 3109 million..."

"What about the weekly and monthly retention data?" Chen Yansen interrupted and asked.

"The weekly retention rate is 36.9%, and the monthly retention rate is 14.5%." Hu Yun was familiar with these figures and answered them concisely.

"The data is much better than last year's Q4, Zhuang Rui, well done."

Chen Yansen smiled slightly and praised him by name.

"Thank you, Brother Sen. It's mainly because of the good cooperation of the activity team." Zhuang Rui did not take credit for himself and took the opportunity to praise Wang Yunxia.

"Go on." Chen Yansen smiled and gestured to Hu Yun.

“1月业绩目标4亿，实际完成4.3亿，达成率107.5%；2月业绩目标3.2亿，实际完成2.9亿，达成率90.6%；3月业绩目标5亿，实际完成5.7亿，达成率为114%……”

Hu Yun continued to report.

In February, due to the Spring Festival and the suspension of express delivery, the data failed to pick up for nearly two weeks, which is understandable.

Judging from the sales in March, FoxTao’s daily sales have approached the 20 million mark. At this rate of development, even if the revenue target of 10 billion is not achieved by the end of the year, the gap will not be very large.

After all, there are still 618, Double Eleven, Double Twelve, National Day, autumn clothing replacement and home decoration season activities. The performance of e-commerce companies in the second half of the year usually accounts for more than 65% of the annual performance.

"Gross profit was 44.9 million yuan in January, 30.8 million yuan in February, and 61.7 million yuan in March, with gross profit margins fluctuating between 10% and 11%. From a category perspective, food, digital appliances, home furnishings, and women's clothing are in the first tier, while maternity and baby products, luggage delivery, sportswear, and automotive products are in the second tier..."

Hu Yun finished speaking in one breath, paused briefly, and then continued, "Our total gross profit for Q1 was 1.374 million. According to the first-half target set by Brother Sen and the finance department, we still have a shortfall of 1.7 million."

After listening to Hu Yun's report on traffic and financial data, Chen Yansen slowly added:

"I've reviewed the scores from each team and have also shared them with Xu Dan and the finance department. After the meeting, the team leader will discuss the quarterly performance results with each team member. I won't go into much else, but I hope everyone will focus on achieving breakthrough results in Q2."

"Okay, Brother Sen." Everyone responded in unison.

"Let's start with the front-end and talk about the project progress for Q1 and the project plan for Q2. Each person will have 3 minutes, and please focus on the key points."

Chen Yansen gently reminded him that he always valued efficiency in meetings and did not like to listen to long speeches that were too long, had no focus, and were mostly a waste of time.

Zhang Wenbo nodded slightly and, on behalf of the front-end team, briefly reported on the output of Q1 and the development plan for Q2, finishing in less than two minutes.

The people behind are similar.

When it was Song Yuncheng's turn, Chen Yansen raised his head and looked over.

He leaned back and looked at Song Yuncheng with a chuckle.

This feeling of being nurtured personally is really good. At this moment, he suddenly understood why Ye Qiuping had taught him how to behave, the unspoken rules of the business world, and how to make extra money legally and reasonably.

I can help her make money and work hard for her.

Unfortunately, Ye Qiuping had gotten away with it. Chen Yansen was harder to control than she'd imagined. Leveraging her resources and connections, he'd managed to succeed in his business, even stepping on Ye Qiuping's head. However, in this life, he was too lazy to bother him again. A worn-out book, read again, wouldn't offer any freshness.

Song Yuncheng is different. Under his training, he has become confident, energetic and youthful, which is exactly what Mr. Chen likes.

"In Q1, the Key Account Recruitment Department introduced a total of 87 B2C platforms, completed 69 targeted branding campaigns, and 13 integrated marketing branding projects, generating a commission gross profit of 1720 million yuan and advertising fees of 1600 million yuan..."

Song Yuncheng did not notice Chen Yansen's attention. He lowered his head and reported in a steady pace.

Chen Yansen nodded slightly, said nothing, and signaled the next person to continue reporting.

It was only a quarter past five when the meeting ended.

Chen Yansen left Wang Zihao, Zhuang Rui and Wang Yunxia behind, firstly to discuss the issue of purchasing volume in Q2, and secondly to let Zhuang Rui and Wang Yunxia think about how to improve user retention and repurchase frequency from the activity side.

It was not until after six o'clock that Chen Yansen walked out of Room 218.

"Squad leader, you look so handsome today!" Xu Xingxing came over and flattered him awkwardly.

"Have you received the performance email?" Chen Yansen narrowed his eyes and said it out loud.

"Hehe, you are worthy of being the squad leader, handsome and smart." Xu Xingxing really wanted to get closer to Chen Yansen, but she could never find the right opportunity, so she would tease him whenever she got the chance.

Chen Yansen looked around and saw that everyone had similar expressions, as if it was New Year's Day, with their mouths wide open, grinning foolishly while working.

For the Q1 quarterly bonus, about 5% of people get 3 months' salary, 15% get 2 months, and 80% get 1 month. For example, an editor's monthly salary is 4000 yuan, which doubles to 8000 yuan. Everyone would be happy.

Chen Yansen was also very happy. His salary would be credited tomorrow, and he would at least receive a few hundred strands of humanitarian aid.

He returned to his seat and played with his phone for a while when he suddenly saw the news about 360's listing. On the first day, it received more than 40 times of oversubscription and its market value was approaching 40 billion US dollars.

Haha, the day when Lao Zhou and Lei Yijun fall out is not far away.

After a company goes public and has money, a common problem among domestic entrepreneurs is to invest everywhere or explore new profit directions, because the original business has already reached its ceiling and will not grow significantly due to the listing.

For 99% of companies, their peak is when they go public, followed by three consecutive years of losses, and they are labeled ST.

It seems that the domestic smartphone market is getting more and more chaotic.

In the future, Ali, Qiandu, Gree, and LeTV will all enter the market, and even photo editing software companies like Meitu will be able to make mobile phones.

Why can’t Chen Yansen do it?
After Wang Zihao communicated with his team members about the performance issue, they called Wang Teng and went to the cafeteria together.

……

……

The next morning, Chen Yansen woke up and immediately activated the system panel.

In the column of the flame of humanity, 494 strands have been accumulated.

This was the first time Chen Yansen saw so many fire points. His kidneys were enough for the time being, so he didn't hesitate and focused his mind directly on the spirit column.

A wisp of white mist two fingers thick appeared out of nowhere and went straight to the center of the eyebrows.

hiss!
In an instant, it was like a volcanic eruption, and my brain had the illusion of being burned by fire, washing from the inside out.

Chen Yansen was in a trance and felt like his brain was about to be cooked.

Immediately afterwards, a biting chill surged from the depths of the brain and spread throughout the body in the blink of an eye, as if awakening every cell.

After a few minutes, everything returned to calm.

Chen Yansen slowly sat up straight, feeling light all over. He swept his eyes across the bedroom, and when he closed his eyes, he could roughly remember the position, angle, height and shape of each object.

The spirit value soared from 3.49 to 8.43!

According to the system, this is almost three times the maximum human capability.

After a series of tests, learning efficiency and memory became extremely amazing.

Damn! If I had been reborn a few months earlier, wouldn’t I have been able to choose between Tsinghua University and Peking University?
Chen Yansen couldn't help but sigh, but then he thought, it's not bad now, he can still pick any girl from Tsinghua University or Peking University.

Thinking of what Wang Teng said last night, that the R&D progress was a bit slow, he suddenly realized that with his current learning ability, it shouldn't take long to learn computer programming, algorithms, and hardware knowledge from scratch.

Chen Yansen changed into casual clothes and went straight to the library. He found a book called "Secrets of Android Application Development" and began to read it with great interest.

In his previous life, he was able to start a successful business and achieve financial freedom, which was naturally inseparable from his acquired hard work and study.

If they don't understand these things, future development engineers won't be able to tell that a job that can be completed in a week is delayed for two weeks.

After some consideration, Chen Yansen decided to recharge his brain while picking up girls.

Chen Yansen was studying attentively. The girl opposite him opened her mouth slightly. She never thought that she would meet Chen Yansen in the library.

After all, he doesn't even go to his major classes, let alone come to the library.

(End of this chapter)