Facing ten pairs of eyes, Wang Wanyu cleared her throat and said in a high voice: "The total revenue attributable to the company in the second quarter was 1.069 billion yuan!"
Although everyone is more or less aware of the company's bumper harvest in June, they are still amazed by the data listed by Wang Wanyu.
Zhao Mingjie even punched each other with his fists to show his excitement.
But no one said anything.
Wang Wanyu continued: "The advertising business revenue of Xiaocheng Book was 866 million yuan, and the company's revenue from platform advertising was 189 million yuan;
Due to the launch of the [Massive Value] platform and hot-selling mall, as well as the release of the accumulated advertising volume in the past many months, the proportion of advertising revenue in a single month in June was as high as 67%!"
Without pausing, Wang Wanyu continued: "The mobile game business revenue is 153 million."
"The revenue of all other businesses, including the hot-selling mall, attributable to the company is 47 million."
After a pause, Wang Wanyu talked about expenditures: "At the end of the first quarter, the company had a balance of more than 80 million yuan. In the second quarter, the large expenditure items were 120 million yuan in payment business, 120 million yuan in donations, 160 million yuan has been invested in the construction of the computer room, and others include operating costs.
, expenses, labor costs, and office costs totaled 136 million."
Then, Wang Wanyu talked about the balance and financial situation: "The current balance in the public account is 610 million..."
"With the current average daily revenue attributable to the company reaching 23 million yuan, regardless of land transactions, the reserved fund of 100 million yuan is sufficient to cope with all financial crises within the current scope."
"Considering the land transaction and the failure of financing, the 500 million land purchase that needs to be settled on July 10 can be solved through industry lending and other means based on the company's financial status."
"..."
Wang Wanyu also mentioned the company's taxation, but taxation is not something that needs to be urgent at this stage.
Moreover, Bolang’s tax is very low, really low. The two-year corporate income tax exemption is the biggest economic convenience that Wen Liang enjoys as a college student.
For example, for such a large amount of income now, the overall tax is less than 50 million.
However, Bolang's existing business development costs are really high. With the support of so many convenient conditions, the gross profit margin is not even 60%.
The main infrastructure at this stage has been in a state of investment.
Of course, the second quarter earnings are still very impressive.
Mainly due to the construction of the [massive value] platform.
The full opening of the advertising business has allowed Xiaocheng Book to truly exert its effect as the first platform for domestic Internet public communities.
Xiaocheng Book’s advertising revenue in June was roughly equivalent to Facebook’s single-month advertising revenue in the fourth quarter of last year.
The gap is still huge in comparison.
However, the abundance of the domestic market is evident.
With the detailed reference given by Wang Wanyu, Wen Liang said directly: "In this case, the dividend amount will be set higher this time, 400 million after tax!"
Every time, he directly proposed the total amount of after-tax dividends, verified the taxes, and paid the taxes on his behalf, and the finance department would take care of it.
Anyway, what Wen Liang and the others want is after-tax income.
Everyone has no objections. At this stage, the company's development situation is good. Without external investment, the income will continue to be considerable, so there is no need to suffer yourself.
Wen Liang received 60.34% + 2%, totaling 249.36 million.
The options that have been decided to be granted this quarter are 16 million shares, and the remaining 20 million shares, totaling 2% dividend, are still Wenliang.
The other 10 people received a total of 33.66%, which amounted to 134.64 million. It varied more or less, but at least it was more than 4 million.
The 3% of the option, RMB 12 million, is shared by all employees.
Another 1% of the 4 million will go into the South China University of Technology Education Development Foundation.
Afterwards, Wen Liang glanced at the incoming text messages on his phone, looked at a long string of zeros, and said: "Tomorrow is the last working day of the second quarter, and a quarterly summary will be conducted. Some things need to be finalized now."
As soon as he finished speaking, everyone responded: "Okay!"
Chen Jiaxin quickly pulled out his chair and sat down. It was his job to take the minutes of this kind of meeting.
In normal times, such as when studying, Xiao Chen can still trust his memory. At work, Xiao Chen only trusts what has been accurately recorded.
…
Wen Liang sorted things out for a while and spoke unhurriedly: "According to the relevant system, the project bonuses for this quarter will be distributed on the 5th of next month based on performance, dividends and other income. The bonus will be about 54 million, and the dividend will be 12 million."
Bolang's monthly salary payment is a basic salary that does not require accounting. Performance, bonuses, dividends, etc. will be paid on the 5th of the following month after accounting.
Without pausing, Wen Liang continued: "Based on the headcount, the average bonus and dividend is about 50,000 per person. Of course, part of this will also be distributed to outsourced part-time developers."
"The money seems quite large now, but as the number of employees increases, the existing distribution system is obviously not perfect enough."
"How to better allow employees to reasonably share the company's interests and create better value is a problem we cannot get around."
Wen Liang's past experience and work experience within the system told him that the core of the distribution system is interests, but the distribution of interests is not equal.
If you give too much money rashly, employee motivation will be severely reduced.
In addition, it is normal for a company to have ups and downs in its development process. If the revenue drops significantly next month and there is less money to be distributed, once the sense of gap appears, a lot of problems will easily arise.
You can’t just listen to the laughter of the new ones but not the cries of the old ones.
It is also necessary to prevent the first comers from being left without food.
It is also necessary to prevent earlycomers from using their power to infinitely compress the interests of latecomers and grassroots employees because they occupy a favorable position in order to protect their own vested interests or even divide more interests.
Especially when a company encounters a crisis during its development, how to avoid this inevitable phenomenon is also a difficult problem.
Although people know that life has ups and downs, in fact, people generally can only accept the ups and cannot accept the downs.
This will lead to a phenomenon, that is, if you earn 100,000 this year, you will not be able to accept an income of less than 100,000 next year.
And to be more specific.
If we develop well this year and have a profit of 1 billion, and next year it becomes 900 million, it is easy for some high-ranking people to reduce the distribution to the lower levels in order to ensure that their own interests are not reduced.
Wen Liang raised this question, and everyone present began to think about it.
Everyone can see these simple aspects.
Li Ze was the first to express his position: "We can accept the ups and downs of interests, because as long as the company develops and grows, and the cake becomes bigger, we may get less now, but we will still get more in the future."
Wang Wanyu put forward her point of view calmly: "The core of the problem now is that it is difficult for the middle and high-level people other than us to share their ideas."
"..."
Ultimately, the distribution of benefits is essentially a simple mathematical problem.
Taking the development of Bolang as an example, the internal valuation was set at 30 million in 2011, and now its monthly revenue is more than 600 million.
10% of 600 million is more than 100% of 30 million.
Yes, if Bolang did not have Wen Liang at the helm, Bolang with a monthly revenue of 30 million would not be able to become a Bolang with a monthly revenue of 600 million.
However, if Bolang only has Wen Liang, can he handle it alone?
It is said that Bolang's R&D capabilities have strong competitiveness, but R&D capabilities are also made up of people!
Who would put effort into doing something without sufficient benefits?
They are all programmers, and a large number of Bolang's programmers are from training institutions. Why can Bolang's game business silence Baietian Meiyiyou?
Is there no one in the white goose?
Are White Goose’s programmers not good enough?
No, Bolang gave the company's developers reasonable and equal benefits early on. There were various distributions at the beginning, and project revenue distribution was added.
The logic is that simple.
However, the current distribution plan is difficult to satisfy Bolang, which will continue to develop rapidly.
Listening to everyone's opinions, Wen Liang nodded gently: "This is the most interesting thing. How to make all employees agree that the company does not belong to one person but to everyone is the key point."
Sun Baoyin rubbed the thermos cup and said while thinking: "At first, Lao Wen collected the shares for better redistribution. Later, he quickly shared options with employees as a key allocation. Only employees felt that the company's development was linked to their personal interests.
, the salary income is only a small part, the big part is to enjoy the benefits of the company's development, and then contribute to creativity."
Li Ze added next to him: "But this simple option plan is not enough now, and we also need more detailed grading."
"There are a lot of things that need to be sorted out in this area, and some things are a bit urgent." Chen Jiaxin said thoughtfully, "Fresh graduates will join the workforce starting in July, and then the autumn recruitment will begin. Our system must be more complete."
I have the confidence to compete with big companies for people.”
"..."
After listening to everyone's opinions, Wen Liang closed the question: "I'm not asking for answers now. This is unrealistic. I just want everyone to think together, contribute wisdom, and gradually improve it in the future."
"In contrast, the things Xiao Chen mentioned are more urgent."
"But the grading thing is very simple. Just follow the ranking system. It is divided into 15 small levels and 5 major levels. You can just discuss how to deal with it step by step."
Chen Jiaxin nodded repeatedly: "I understand, this template can stand the test."
The five levels Wen Liang mentioned are: State Ministries, Departments, Offices, and Sections.
This set has stood the test and there is nothing to say.
Just use it.
Change leadership positions to administrative managers, technical managers, etc., and change non-leadership positions to technical consultants, etc. That's it.
…
After the classification was decided, Wen Liang brought up the matter of reorganizing the company's organizational structure: "Now that the company is getting bigger and bigger, sorting out the organizational structure will facilitate the arrangement of future work. I have a draft here."
Wen Liang forwarded it to everyone for sharing.
Chen Jiaxin was the first to speak: "This is the real draft, it's quite different."
Li Ze continued: "Yes, Xiaocheng Shu will become an independent subsidiary, and the planned platform business department and social business department will be independent."
Wang Wanyu even sighed: "It's really rare!"
This is the first time Wen Liang has produced a real draft.
The reason is not complicated. Mr. Wen has not come to the company for some time. He does not work at home, so this plan was planned a long time ago.
It was not easy to have such an opportunity, and everyone spoke enthusiastically.
"Functional departments such as human resources, finance, legal affairs, public affairs, corporate development, corporate strategy, internal services, and internal audit are necessary. We, Mr. Wen, have divided this point very carefully."
The administration department became two parts: internal services and internal audit.
The public relations department was upgraded to public affairs.
Two new functional departments, enterprise development and corporate strategy, were established.
"Wouldn't the R&D department be split up?"
"I don't think it's necessary. There is a multi-group model within R&D. This model is competitive enough and can empower the company's technology business."
"Indeed."
"Where's Bolang Laboratory?"
Wen Liang explained: "This departmental framework is being developed slowly, mainly to take over the technical parts of self-developed systems and self-developed chips, and to carry out some necessary research work."
"..."
After many discussions, we finally focused on several business units that Wen Liang had not considered at the beginning.
The final result of the discussion is:
The main body of Xiaocheng Book is directly placed in the subsidiary company of Bolang Xiaocheng.
The mobile game business and massive value platforms, including small businesses such as App King, are integrated into the game and platform department.
Establish corresponding secondary departments such as product, planning, operation, operation and maintenance internally.
The hot selling mall is managed in the name of the e-commerce department, and corresponding secondary departments are also set up internally.
The name of the R&D department was changed to the Group R&D Department, which targets the entire Bolang Group complex.
The payment system is naturally linked to Huipay, a wholly-owned subsidiary.
Remittance payment is also developing rapidly. There were not many office staff in the past, but now some secondary departments must be set up to respond to needs.
The final organized structure of Bolang 2.0 is:
Human resources, finance, legal affairs, public affairs, corporate strategy, corporate development, group research and development, internal services, internal audit, Bolang laboratory, game and platform department, e-commerce department.
And Hui Hui Payment subsidiary, Bolang Xiaocheng Company.