Chapter 719 The market value of 100 billion must be fulfilled
Bai Qingting: "Mr. Tao, too many slogans are easy to mess up. Only one can be said."
Tao Wuming, president of the First Business Department, replied: "Okay, I'll try to analyze it.
You are really good at Western architecture
Entering the 100 billion door in two years
It clearly states that Western architecture will take two years to enter the gate of 100 billion yuan, but it is not clear whether this is market value, output value, or other types of gate of 100 billion yuan.
Western architecture you, me and him
People praise hundreds of billions in two years
It means that every employee of Western Architecture counts. We have spent two years to achieve the goal of 100 billion, but what type of 100 billion is not specified.
Western architecture is changing
A market value of 100 billion must be realized
In a mutation, what is the mutation changing? What has changed? Good or bad?
The two-year time limit is not indicated.
The goal of a market value of 100 billion is very clear.
So, Boss Bai, after this analysis.
Although all three are good, all three are flawed.
Boss Bai, I have a suggestion, everyone is brainstorming.
Western architecture is changing
A market value of 100 billion must be realized
Will this one be the more perfect slogan we need with a time limit?”
Bai Qingting: "So, everyone should make a real analysis.
Mr. Tao was still in a tangle just now, but now he analyzed it himself and put forward better suggestions.
OK, let us ask Lei Chunlai, the president of the second business unit, to answer Mr. Tao’s request.”
Lei Chun, president of the Second Business Department, stood up and said with a microphone: "Boss Bai."
I am still a little scared to leave such a difficult problem to me.
But I'll try to analyze it.
Western architecture is changing
A market value of 100 billion must be realized
Let’s add a time limit first, right? Let’s judge.
Western architecture has been fighting for two years
A dream of a market value of 100 billion will come true.”
There was a spontaneous applause from the venue.
Bai Qingting: "It seems that Mr. Lei is still too modest.
This spontaneous applause is a clear proof.
I think this is very well modified, meaning it is completely in place.
But there is still a little bit of vulgarity in it, less restrained, less high-end and less majestic.
It would be better if it could be improved."
Lei Chun, president of the Second Business Department, smiled and said: "Boss Bai, I am at a high level. I am already performing very well in being able to make such a little bit of modifications.
I am really out of reach of the requests you made later.
I can only wait for everyone’s better answers.”
Bai Qingting: "Mr. Lei, you are already very outstanding.
Let’s do this, I see that there are more people coming in and out of the venue now.
We rest for fifteen minutes.
Everyone thinks about it again, and in fifteen minutes, we will continue to discuss this matter.”
Two hundred people had a meeting and had ten minutes of rest, not long.
Everyone still has to come out in a hurry, and look for toilets on several floors.
There are also some people who can stand leisurely and enjoy smoking a cigarette in the corridor and chat in groups of three or five.
After the time came, the venue assistant informed everyone to enter the venue and start to continue the meeting.
Bai Qingting: "Now, please ask our fifth business unit President Song Zhiyuan and Mr. Song to explain your understanding of this slogan. Welcome everyone."
Song Zhiyuan, president of the Fifth Business Unit, stood up and said, "Boss Bai, the serial number of this Fifth Business Unit is too big.
Every time I answer the question, it is ranked at the end, and the more I get, the harder it is to explain it.
No matter what, I still have to follow the tasks assigned by Boss Bai and reluctantly talk about my feelings.
Western architecture is changing
A market value of 100 billion must be realized
Western architecture has been fighting for two years
A dream of a market value of 100 billion will come true
Both sets of slogans are better, and they also have a little flaw.
I was wondering, is it possible for us to split, combine, and re-merge the meanings of these two groups into a new slogan.
If it can be achieved, it may be not far from the result we want.
I thought about one initially.
Western architecture for two years
A dream that can be realized with a market value of 100 billion
It expresses that you have to work hard for two years. A market value of 100 billion is not a dream, but a persistence and an ideal. After two years of hard work, this former dream will inevitably become a reality.
Dreams will come true to dreams.”
Bai Qingting: "Mr. Song changed the word and moved the position of the word, and felt that it was really much better.
Western architecture for two years
A dream that can be realized with a market value of 100 billion
Hahahaha, I didn’t expect that there would be such an unexpected gain today.
If you have any comments, you will decide.”
Many people replied loudly, "No comments."
Bai Qingting: "Okay.
Let's all shout.
See if it's smooth.
Western architecture for two years
A market value of 100 billion will come true.”
Everyone shouted
"Western architecture has been competing for two years
A dream that can be realized with a market value of 100 billion"
Bai Qingting: "It feels OK, that's it.
Those who are doing VI write down this slogan and arrange it to print it into the brochure.”
Bai Qingting: "Now, let's go back to how to determine our output value target in 2012.
Let’s review the completed output value in 2010 was 500 million, and the completed output value in 2011 was 2 billion.
So how many billions should we set the output value indicator in 2012?
I just said 3.5 billion, 4 billion, and 5 billion, and I raised 8 billion.
However, no one has ever catching a cold for this 8 billion indicator.
Through everyone's analysis, I have also thought that the target of 8 billion in 2012 is still a little higher.
My current idea is to publicly raise the output value index for 4 billion in 2012.
However, if we implement it internally, we will definitely not be able to apply the assessment indicators based on the total indicator of 4 billion. I think it should increase by at least 25%, which means that the internal output value indicator requirement for 2012 is 5 billion.
How to allocate specifically? First, please ask several of your business department presidents to discuss it.
Second, I will tell our secretary what I think and ask her to discuss with you.
When everyone knows it, they will hold a meeting to discuss and make sure.
These things will be announced at the 2011 annual meeting.
The 2011 annual meeting will be initially scheduled to be held on the 16th day of the first lunar month after the beginning of the year. For specific matters, the company will issue a notice.
Now at this meeting, based on everyone's discussions, we tentatively set the output value indicator in 2012 to 4 billion.
As for the collection indicators and settlement indicators for 2012, please calculate the project situation in 2011 and add the estimated output value of 4 billion in 2012, and report a calculation data based on the business unit.
This data will be temporarily determined today. It will be collected and reported to me by Ma Wenxuan, the head of the cost center.
Ma Wenxuan, are you there?"
Ma Wenxuan, the head of the cost center, replied: "Boss Bai, I'm here."
Bai Qingting: "You have to write down this matter. After the meeting, you have to discuss it with the bosses of these business departments. You can count and summarize it, analyze it and report it to me."
Ma Wenxuan, the head of the cost center, replied: "Okay, Boss Bai."
Bai Qingting: "I think our output value index in 2012 is 4 billion, and our market value is 80 billion.
The output value indicator doubled in 2013 to 8 billion and the market value was 160 billion.
The output value indicator doubled in 2014 to 16 billion and the market value was 320 billion.
The output value indicator doubled in 2015 to 32 billion and the market value was 640 billion.
The output value indicator doubled in 2016 to 64 billion, and the market value was 1280 billion."
There was laughter and applause at the venue.
Bai Qingting: "I know, some people may think this is a fool.
If I had told everyone, when I said my company was going to go public a few years ago, everyone wouldn't believe me.
But in the end, our Western Construction Co., Ltd. went public in 2010.”
Bai Qingting: "Why did I mention my idea at this conference?
I was thinking that after the company went public, from a money perspective, I actually didn’t have to fight anymore. My stock market value is enough for me to enjoy wealth and prosperity.
It can be said that it will never be used up for several lifetimes.
But I still have any dreams that have not been realized, and I still need to work hard.
There are also my employees and many of them who have not achieved financial freedom.
I want to lead everyone to financial freedom, and I want to create more millionaires, even billionaires.
Then there is a mechanism that on the road to company growth, those who make outstanding contributions should share the dividends of company development and growth.
After consultation, there is something called option incentives.”
Bai Qingting pressed the laser pen in her hand, and four big words "Option Incentive" were displayed in the center of the big screen.
Bai Qingting: "If you are rich and noble, you will never forget each other.
I want to use this option incentive to help our core forces in the core level to obtain some development dividends after the company goes public.
The definition of this backbone force is basically the core level of the company that joins the company before going public.
We have preliminary statistics on the ability of about 70 core backbones to participate in option incentives.
It turns out that those employees who have already allocated their equity will no longer participate in this option incentive.
Of course, this equity does not refer to the kind of equity that is simply given 100 shares or 200 shares based on the service life.
Instead, employees who have obtained at least 100,000 original shares will no longer participate in the company's option incentive plan.
This option incentive plan is quite important to everyone.
I'll tell you at this meeting.
The company now has a total of 200 million shares, and Qian Zheng and I hold 65% and 15% respectively. Together, we hold 80% of the company's shares, that is, 160 million shares.
This time, the option incentive is preparing to take out 5% of the company's total shares, that is, 10 million shares, to be used for incentives.
How to allocate these 10 million shares to everyone?
Every year, the company has to set an output value indicator. As long as this output value indicator is realized, the option can be exercised.
Let me give you an example to calculate.
We count the option income at the deputy director level.
The option given by a deputy director level is 200,000 shares, and the option is exercised in four years.
In 2011, it has been approved. In this way, in 2011, 2012, 2013, and 2014, the deputy director has the right to be in the four years.
The following year was the four years of exercise in 2012, 2013, 2014 and 2015.
Exercise refers to the obligations agreed upon by the warrant holder to require the issuer to perform the warrants in accordance with the agreed time, price and method.
Warrants are the right given by the issuer to buy or sell the underlying stock at a certain price at a certain time. The exercise of such rights by investors is what is commonly called "exercise".
Let’s calculate an example of a deputy director-level manager. This level is usually a project manager. Suppose you are the project manager at the deputy director-level. I will show you how to understand it all at once.
You have a subscription warrant for 100,000 Western Construction stocks in your hand, and the exercise date is April 1. The exercise price is 129 yuan. That is to say, by April 1, 2012, you are eligible to use 129 yuan per share
25% of the 100,000 shares of the stock is 25,000 shares. If this day comes, the market price of the stock is 400 yuan, and it will cost 10 million yuan for others to buy 25,000 shares, and you can buy it for 3.225 million yuan this day.
25,000 shares, how much money did you make on the day of exercise? Do you know?
You made 10 million yuan-3.225 million yuan = 6.775 million yuan.
Some people say that the stock price may not be as high as 400 yuan on the day of exercise.
Yes, because the stock prices in the stock market fluctuate, no one can estimate it, but they can calculate it roughly.
Because after the conditions for exercising rights are met, we have one year to fully choose the specific date of exercising rights.
No matter which day you choose to exercise your rights, the price of exercise is set. The higher the price of the stock at that time of exercise, the higher your return will be.
Of course, there are tax issues in the income and tax. Our calculation today will not consider taxes for the time being, otherwise it will be too complicated.
Let's take a new assumption that the stock price on the exercise date on April 1, 2012 is not as high as 400 yuan, for example, the price is only 200 yuan per share.
Then the money you earn when exercising your rights = 25,000 shares × (200-129) = 1.775 million yuan. Of course, this is just a 100% guaranteed implementation data.
Because our stock price in 2012 is definitely more than 200 yuan.
Let’s lower the expected value. Assuming the stock price at the time of exercise is 300 yuan per share, the total market value at this time is 60 billion.
Then the money you earn when exercising your rights = 25,000 shares × (300-129) = 4.275 million yuan, which is a very disguised data."
Bai Qingting: "Zhou Wencheng, the project manager of Nanshan Project, just heard the report, you are very outstanding.
You stand up and answer my question.”
Zhou Wencheng stood up, and the assistant at the venue quickly handed a microphone to Zhou Wencheng.
Zhou Wencheng said in a trembling voice: "Boss Bai, what questions do you have to ask?"
Bai Qingting: "Your voice is trembling a little?"
Zhou Wencheng put the microphone in his left hand, shook his right hand with his hand, and replied, "Yes, Boss Bai, I'm so excited."
Bai Qingting: "What are you excited about?"
Zhou Wencheng replied: "Because I am on the 70 motivation list this time.
I just heard from Boss Bai that the income from this option alone may have three amounts in 2012, namely 1.775 million yuan, 4.275 million yuan, and 6.775 million yuan."
Bai Qingting: "Yes, you remember it very accurately.
And what I want to tell you is that when you have this option, it will not affect the output value award, collection award, settlement award, and excess gross profit award calculated by the company.
Are you even more excited?”
Zhou Wencheng replied: "Yes, Boss Bai, I'm so excited.
It feels like a pie falling from the sky.”
Bai Qingting: "If you feel this way, it's okay.
But this pie was not dropped from the sky to you, but I took out 10 million shares of my Bai Qingting and distributed them to the core backbone forces of you companies.
Do you understand this meaning?"
Zhou Wencheng replied: "I can understand. It's Boss Bai. You have distributed your own interests to 70 of us inspired people."
Bai Qingting: "This understanding is more thorough.
But do you know how to get the money?"
Zhou Wencheng replied: "I don't know."
Bai Qingting: "Zhou Wencheng, you are very honest.
Actually, I don't know either.
Below we will applaud and welcome Mr. Wen Pingmin, general manager of the securities department of Western Construction Co., Ltd., to explain to us how Zhou Wencheng's options can be turned into Zhou Wencheng's money."
Zhou Wencheng put down the microphone and applauded first. A warm applause suddenly echoed in the venue.
Everyone was disturbed by this large amount of option reward.
Wen Pingmin, general manager of the Securities Department, was invited to the podium.
He preached: "At this moment, I was actually very excited.
I mainly talk about how to turn such a huge option dividend as Boss Bai said into Zhou Wencheng's money.
There are several conditions that must be met here.
The first one is that the company must meet the annual output value indicators claimed by the company in 2011. Now this one has been realized. Congratulations to everyone."
Another burst of warm applause broke out in the venue.
Wen Pingmin, general manager of the Securities Department, waited for the applause to fade and continued to preach: "
The second is to choose a day in 2012 to complete the exercise.
This day is a unified choice and unified exercise of rights by the company's securities department. Don't worry.
The third article is that Zhou Wencheng will transfer 25,000 shares × 129 yuan per share to 3.225 million yuan and the expected personal income tax amount of the exercise income to the company's designated account before the exercise date.
Article 4 is that the company's securities department uniformly implements everyone's exercise, and on the same day you can see that 25,000 shares have entered Zhou Wencheng's account.
At this moment, Zhou Wencheng has the right to trade freely in the market for these 25,000 shares of Western Construction Co., Ltd. If he chooses to sell, the price difference on that day will be completely Zhou Wencheng's profit.
I also noticed that Boss Bai calculated three numbers, namely 1.775 million yuan, 4.275 million yuan, and 6.775 million yuan.
Based on my years of securities work experience, it is impossible for a new stock to be as low as 1.775 million yuan. It is not impossible for a new stock to be as low as 6.775 million yuan, but the possibility is relatively small.
The most likely achievement is the exercise dividend of 4.275 million yuan.
I would like to wish our project manager Zhou Wencheng in advance, and it is expected that it will be possible to acquire the 4.275 million yuan equity dividend on April 1, 2012.
Boss Bai, I'm finished speaking."
Bai Qingting: "Zhou Wencheng, have you heard it clearly?
If you have any questions, ask quickly, otherwise your 4.275 million yuan will definitely make you unable to sleep.”
Zhou Wencheng replied: "Okay, thanks to Boss Bai for giving me this opportunity.
Mr. Wen, in the process of monetizing the right exercise dividend, I do have some questions to ask you for advice.”
Wen Pingmin, general manager of the securities department, replied: "It doesn't matter. Today I will take you as an example and explain you clearly, and everyone will understand it.
Ask any questions with confidence and boldness."
Zhou Wencheng asked: "Mr. Wen, based on my current situation, I want to let myself take out the 25,000 shares that I exercised on April 1, 2012 × 129 yuan per share, that is, 3.225 million yuan, I will
I guess I don’t have the ability to take out so much money? What should I do if I do this?"
There was a bang in the venue, and a knowing smile was heard. In fact, the 70 inspired people were all in the conference room.