Chapter 378 The Annual Shareholders' Benefit Distribution Meeting Finally Arrives
In one paragraph of Sun Baoyin's work report, he thoroughly finalized the related matters and schedule arrangements for the self-developed programming language and the entire integrated development environment (IDE).
[Starlight] is the name of a separate programming language.
The same meaning as Java, C, and Python.
Of course, in order to build a more complete ecosystem and dominate overseas markets, there is naturally a corresponding English name:
【Starlight】
The new IDE has a purely English name, called: Scode.
It cannot be said that it matches Apple's Xcode. It can only be said that no one has registered this name.
In fact, they are not very similar.
Xcode is only divided into two platform development engineering directions: iOS and OSX.
The Chinese version of Scode has been divided into mobile phone platforms, tablet platforms, desktop platforms, game platforms, server platforms, watch platforms, TV platforms... and other customized platforms including Android.
Whether the product series is completed or not is another matter, it needs to be planned.
Of course, the English version is also available for comparison, touch screen, Pad, Window, Game, Server, Watch, TV... and all-encompassing custom X.
As for the relatively special naming methods in the English version, they really have nothing to do with Bolang~ It’s just the way English is, and there is no intention to imply Microsoft Windows and Apple’s Xcode.
In addition, it is still necessary to continue to invest such a large amount of 125 million yuan to develop Starlight and Scode, which involves another huge workload:
document.
A programming language involves countless syntax uses, class calls, etc. It is best to have the most detailed reference documentation for each syntax and class.
In this way, development engineers can accurately locate problems encountered during compilation.
Not only that, it is best to have a large number of general problem-solving ideas and solution templates.
What needs to be admitted is that many times the work of programmers is basically...Ctrl+C and Ctrl+V. Many programmers have the experience of searching the Internet for similar code in existing projects and copying and pasting modifications.
All of these require a large number of programmers to participate in construction.
Fortunately, the number of on-the-job programmers and outsourced part-time programmers at Bolang has reached an exaggerated number, close to 100,000.
This was the first trial version that gave Sun Baoyin the confidence to complete such a complex thing in a short time.
In addition, Sun Baoyin has already planned to establish an environment-friendly discussion forum and even an open source community relying on [Starlight] and Scode.
In short, Sun Baoyin has basically solved the technical problems during his trip abroad to learn experience, and the problems he faces now are basically engineering.
The resources needed are actually very simple: throw money.
Spend a lot of money to make people work.
After the work report came to an end, Wen Liang chatted with Sun Baoyin for a while and drank two cups of tea.
There was not much delay.
The two soon left Bolang's office area and then met in a private banquet hall at the Four Seasons Hotel.
The shareholders' meeting, which is rare in the development process of Bolang, officially started.
…………
…………
Just like last year's shareholders' meeting, although everyone was familiar with it, nameplates were still made and Wen Liang arranged and placed them himself.
After the eleven people sat down respectively, Wen Liang, who was in the middle, spoke first and said straight to the point: "I would like to reiterate the meeting rules. This meeting will only discuss issues of interest. Please treat it with caution."
Looking across the crowd, Wen Liang emphasized, "This may be the largest benefit distribution meeting in the next few years!"
Everyone nodded without saying a word.
After experiencing so much in the past year, Bolang has grown from a small team to a large company. The meeting was postponed until Sun Baoyin returned to China and adjusted himself. You can imagine how important it is.
"The first thing."
Wen Liang opened the meeting agenda that he had personally prepared.
"Annual Dividend."
"In 2012, Bolang Group's total revenue was RMB 47.65723 billion, and its comprehensive net profit was RMB 10.3212 billion."
The net profit, which has been released for a long time, is really not very high, only about 21%. Among them, the net profit of mobile phone revenue of more than 30 billion is only more than 4 billion, while the net profit of application Internet revenue of more than 10 billion is as high as
More than 4 billion, half to half yes.
In addition, the net profit attributed to the group's revenue from cooperative business is only over 1 billion.
So in the early days of making mobile phones, I really made a little money, and the net profit margin including comprehensive software services, etc. was not even 14%.
Of course, this net profit is after deducting all costs and taxes, which is okay, but it has not yet covered the group's debt.
Excluding normal financing, Bolang Group has a total loan amount of more than 16 billion.
The more than 50 billion land mortgage loans in the latest financing are not included. That is actually considered financing. After all, the land price itself is worth so much.
Finally, Wen Liang said: "After comprehensive consideration, the annual dividend amount is set at 3 billion after tax. If you have any opinions, please raise your hands."
Everyone generally has no problem with dividing money.
But this time everyone had some opinions.
Li Ze was the first to speak: "With such a high dividend amount, is Mr. Wang under great pressure? We can't spend all the cash we have now. Isn't it necessary?"
"One code equals the other, and the income of the asset management company and the income of the Bolang Group cannot be confused." Wen Liang said bluntly, "We may not be able to divide so much money next year. This is why I proposed the establishment of an asset management company before.
"
This is very straightforward.
The purpose of an asset management company is to let everyone have money to spend, and don't care too much about the dividend income of Bolang Group.
After several consecutive operations of the asset management company, Wen Liang received nearly 3 billion, and everyone also received nearly 300 million in cash.
Real cash is very easy to spend, and there is an endless supply of it. Wang Wanyu often finds time to manage an asset management company, and picks up some money in US stocks from time to time.
To put it simply, if Apple's stock price rises, asset management companies will make money. If Apple's stock price plummets, it must be related to Bolang, and asset management companies will definitely make money.
In addition, the basic salary provided by Bolang to everyone is also very considerable.
"Then it's okay."
After tax, 3 billion is divided, Wen Liang can get 1.8102 billion, and the other ten people can get a total of 1.0098 billion.
The remaining 30 million is allocated to the Huagong Education Development Foundation.
The other 150 million will be divided equally among all employees.
Dividends are a very small thing, and then Wen Liang mentioned the second thing: "As for the annual salary adjustment, according to the comprehensive plan of the finance, human resources and other departments, it is set at 25% for the general salary, and for outstanding employees, the salary will be increased by up to 50%.
.”
Everyone has no opinion on this.
"The third thing is that I am going to expand the shareholders' meeting and the board of directors."
Wen Liang explained unhurriedly: "Of course this matter is not to be implemented immediately, but to recruit one or two new members this year. There is a role model. New members will be recruited in the next five years. After five years, we will consider changing the leadership.
Way."
"My initial idea is to select Zhou Hongming, Zhong Zhengye, Lin Hong, Xin Dai, Yang Yun, Li Xia and others this year, and some will join the shareholders' meeting and some will join the board of directors."
"In addition, what follows is the implementation of adjustments to the company's personnel structure. The structure has been divided before, mainly filling in people."
Chen Jiaxin was the first to express her position: "I have no objection."
Li Ze said with a smile: "No objection. Mr. Wen has already considered this aspect. After all, there are 9 positions left in the asset management company. Just take your time and select them."
Although he waited for Sun Baoyin to come back before holding the meeting, Mr. Yin didn't say anything and he didn't have any objections.
In fact, these matters involve many changes in interests.
Everyone here has some 'loss'.
It can only be said that the growth of the company is due to the gradual separation of some meat from the founder team, and then everyone makes the cake bigger.
For example, last year when Bolang was only worth 30 million, a small portion was divided, and now it is worth nearly one trillion.
The cake is more than ten thousand times bigger.
After saying this, Wen Liang paused to take a sip of water, took out a new document, and hesitated for a moment before speaking: "The next thing is more critical."
"It involves the re-cutting of a large area of interests, which can be said to affect the future direction. I have been polishing it from last year to this year. The plan itself is not complicated, but... the benefits are touching."
Having said this, Wen Liang glanced at the ten people present one by one and took a deep breath: "I am going to re-divide the share ratio and reduce the total share ratio of our co-founder team to 67% in the next few years!"
"A total of 32% of the share will be distributed to all employees with compensation."
"Finally, we must truly implement the distribution of production means to all workers, so that shares can be freely traded under certain circumstances, such as repurchases by companies when employees leave, or one-time buyouts + welfare pensions by retirement companies."
Without giving everyone a chance to speak, Wen Liang continued to explain: "There are many factors."
"The first is exploration."
"The second is to take the lead."
"The third is subversion."
"The fourth is to lead."
"The fifth is cohesion."
Of course, what we are exploring is all-employee shareholding and taking the lead. What we are subverting is of course the current common form of private ownership. What is leading is full-employee ownership of private enterprises, so that employees can truly be the masters of the business.
What condenses is the centripetal force of employees.
Of course, both Wen Liang and everyone here knew that this was just Wen Liang's preliminary idea, and the more pointed parts were not included.
Because this model has not yet reached the level of Northern Europe.
The word subversion and gentleness are not nonsense.
As for why.
Wen Liang's idea is simple from beginning to end. He founded Bolang not only to make some money, but also to talk to the world, at least to this piece of yellow land. People's future is not only tied to RVs.
You can still have a life.
In the past, the "dragon roar" was the sound on the Gobi Desert.
In the future, "Dragon Roar" can come from every Chinese.
Once again, with so many resources on his back, Wen Liang felt that he had to have some pursuits and ideals after all.
Of course, it’s hard to escape cliches. For example, you can often see some jokes on the Internet about the different work styles of the three generations born in the 80s, 90s, and 00s. It is said that the generation after 2000 is the generation where worker fathers have stood up.
Just when Wen Liang thought that everyone would be silent for a long time, especially when he thought that Wang Wanyu might be the most opposed, Wang Wanyu was the first to express her stance: "I unconditionally support President Wen's proposal!"
After a pause, Wang Wanyu said very straightforwardly: "I am old and have never had any pursuits or dreams, but... you can also think that my dream is to watch Mr. Wen realize his dream happily."
When she looked at Wen Liang, she saw that the work she had cultivated by herself was finally shining brightly to the world.
Wang Wanyu has never pursued anything, never.
In other words, she put all her pursuits on Wen Liang, who she brought up.
Watch him babbling, watch him roll in the dirt, watch him wipe his nose and read one, two, three...
"I don't have any opinion on how you divide it." Sun Baoyin, who finally took advantage of the opportunity, said with a smile, "Lao Wen may not be able to keep up with us from a research and development perspective, but I think from an administrative perspective and depth of vision, we can't even compare to Lao Wen.
temperature."
"The dream I once thought I needed to pursue for the rest of my life was basically achieved before I returned to China. This was not because of how good I was, but because of Lao Wen's influence."
The two 'salted fishes' Wang Zhiyi and Zhao Mingjie said lazily and in unison: "Oh, although our dreams are not that big, we still know how to get along with the backside."
It was rare for Li Bowen to express his position quickly: "I have never had an opinion."
Qin Zhengze said: "Lao Yin's trip abroad was very effective. He spoke beautifully. What he meant was what I wanted to say but couldn't."
"I also think that Lao Yin has something good, which makes me want to go abroad for a run." Zhang Yulin is no longer depressed at all.
Li Ze, Tang Pu, and Chen Jiaxin looked at each other and smiled, and said in unison: "No matter what, Mr. Wen is right anyway."
Wen Liang looked at the crowd and smacked his lips: "I was a little touched by what you said. In fact, I forgot to mention that it may not have any impact on you personally."
Then Wen Liang came up with a plan.
Now the shareholding ratio of Bolang Group is very clear.
Wen Liang personally holds 60.34%.
The co-founder team holds 33.66%.
Employee options are held at 5%.
Huagong Education Development Foundation holds 1%.
The total share capital is 1 billion.
The new plan will expand the total share capital from 1 billion shares to 10 billion shares.
The registered capital must also be increased.
Previously, the registered capital of Bolang Group was only 10 million, which means it needs to increase the registered capital by 90 million.
This is a direct capital increase and share expansion, that is, the number of shares held by everyone has not changed from before, but the proportion of shares has changed.
For example, the proportion of employee stock options held was reduced from 5% to 0.5%, and the 1% held by the Huagong Education Development Foundation was reduced to 0.1%.
However, in this plan, the two are different.
Bolang Group will once again donate 90 million shares to the Huagong Education Development Foundation free of charge, keeping its shareholding ratio at 1%.
The shareholding ratio of employee options will not change.
After this series of changes in the plan.
Wen Liang’s shareholding ratio is: 34% + 30%
The shareholding ratio of the co-founder team is: 33% + 1.5%
The shareholding ratio of Huagong Education Development Foundation is: 1%
Employee option shareholding ratio is: 0.5%
Wen Liang and the co-founder team hold 30% and 1.5% on behalf of each other, and will completely distribute this part in the next three to five years.
The final result is that the employee stock ownership ratio will be: 32%.
This 32% will be divided into several parts, some will be directly converted into equity, some will be options, and some will be complex plans such as TUP time unit plans.
Among them, plans for options, TUP and other plans are models drawn by Wang Wanyu, led by Finance.
The model can produce results by inputting different values.
In addition, since the internal value of Bolang Group is now very, very high, almost no employees can afford to buy options for a fee. Wen Liang will first divide 10% from his own proportion for free for rotation, so that employees can use it for rotation during this transitional stage in the future.
They also enjoy company development benefits, etc.
It should be noted that although Wen Liang reduced a large share of his shares, this was not free but paid.
Employees need to spend money to purchase these shares.
What Wen Liang is doing is reducing holdings and cashing out.
The co-founder team does not have such an opportunity to reduce their holdings and cash out.
In addition, the shareholding within the co-founder team has changed significantly.
It's not the past program, and it's not average.
Instead, everyone proposed that everyone get a share based on the contribution they think they can make to the company in the past, present, and future.
A total of 3.3 billion shares, divided by 10 individuals.
Among them, Wang Wanyu received the largest amount, 362 million shares.
Li Ze got 355.8 million, Tang Pu got 316.3 million, and Chen Jiaxin got a little more than Tang Pu, 316.6 million shares.
In the technical team, everyone got different shares. Zhao Mingjie's shareholding ratio increased significantly to 282.4 million shares, while Wang Zhiyi's shareholding ratio was a little less than before, at 291.5 million shares.
In the end, there were 1,375.4 million shares left, and Sun Baoyin, Li Bowen, Qin Zheng, and Zhang Yulin divided them equally, with 343.85 million shares each.
This kind of division method with zeros and wholes, and finally the operation of equal division, is the most scientific, fair and effective algorithm in Li Ze and others' mouths.
All gentle people are stupid.
He couldn't understand why Xiao Zhao and Xiao Wang had the smallest share.
I also don’t understand why Chen Jiaxin can have more than Tang Pu.
I also don’t understand why Wang Wanyu is the one who gets the most attention.
Do you all know so much about the philosophy of interpersonal relationships?
Knowing that Wen Liang would definitely have doubts, Chen Jiaxin, as the team's chief steward, gave a detailed explanation: "Mr. Wang has made a great contribution since joining the company. Without Mr. Wang, the company would not have the possibility of unbridled development."
"Important systems and platforms such as the integrated financial service system, the global centralized payment center, and the integrated financial digital command platform were all formed under Mr. Wang's leadership."
"Needless to say, Mr. Ze will manage wherever there is need and never leave anything behind."
"Boss Yin is comprehensive, Bowen is capable, Xiao Gui Cao Sui, Yu Lin and Xiao Qin each took the lead in developing the soft and hard cores, and as for Xiao Zhao and Xiao Wang...the two guys deserve it if they don't want to make progress!"
"I have one more external relations job than Old Tang, which represents the company's public image. They all think I should get more."
Wen Liang was silent for a moment and spread his hands: "Okay, you guys have thought carefully about it."
"Then let's change the place. There will also be a year-end inventory and new year outlook meeting." -
PS: In fact, before I was often criticized for writing business articles and engaging in non-selfish operations, I considered whether to write this plot. Later, I felt that no matter how I wrote it, I couldn’t make everyone accept it.
, then let’s stick to the original plan and just treat it as a YY world in the book. Anyway... it’s just a crappy book that I think is well written and has poor market performance. Readers, please bear with me.