City: From Inheriting a Courtyard To a Giant - Chapter 703
He founded Hongmeng Pan Entertainment and Hongmeng Technology. Hongmeng e-commerce. In terms of employee incentive policies, -: To a certain extent, it is imitated. Our company’s virtual equity incentive system has only been slightly modified, and some places are even quite radical.
But it’s not hard to find out as long as you study their incentive policies. Qin Yan has absolute confidence in the future profitability of Hongmeng Pan Entertainment. “
Mr. Ren took a sip of tea. After a while, he continued, “What’s more interesting is that the Hongmeng Technology and Chaos Lab he founded are almost arranged according to our company’s incentive template.
Especially in Chaos Lab, almost all management positions and researchers arranged in accordance with our company’s incentive policy only have virtual equity. Qin Yan_ only enjoys dividends and 100% of the actual equity has always been in the hands of Qin Yan_.
Such a company structure fully reflects Qin Yan’s emphasis on control. . No capital is allowed to get involved.
Hongmeng Pan Entertainment, Hongmeng Technology, and Hongmeng E-commerce are all tools he uses to attract money.
tool, the turbidity laboratory is his real
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Chapter 581 Cooperation or War? (2/5)
Mr. Qian showed a gentle and kind smile on his face, but the light in his eyes became extremely deep. _”This is a great thing. We shouldn’t feel threatened, but should be happy. This shows that we are not alone.
I wish that there would be more research and development laboratories like Tang Guo, which would be much better than Warwick fighting alone.
Moreover, our model has also been recognized by others and imitated. This is comparable to how much money we make every year. more practical e”
It is particularly worth mentioning that the Warwick model is not only in China. .It can be said that it is unique in the world, and it is completely weird.
This company has more than tens of thousands of shareholders. All the operating employees of Huawei are its shareholders, and there are very few foreign shareholders. This also makes it extremely difficult for this company to go public. And Mr. Ren and other Huawei core executives have not considered going public.
Mr. Ren said with a smile again, “In terms of equity incentive policies, Hongmeng is almost exactly the same as Huawei.
In the Chaos Lab, almost half of the virtual equity was used to motivate employees in research positions the year before last, and share the company’s huge dividends with them: z.
This is also the laboratory in just 10 years. Excellent researcher
The reason why the number of people will exceed 10,000. “
In terms of the shareholding structure of Hongmeng Group, what Qin Yan used was different rights for the same share and an agreement to the actor, and he had a one-vote veto right.
A veto can be used to control the board and pass action agreements. More able to control the right to nominate directors of the company’s board of directors. Further consolidated control of the company
Not only that.. on the company’s bylaws and shareholder agreements. There are two series of special agreements between Qin Yan and the major investment shareholders, many of which ensure Qin Yan’s absolute control over the company.
If you want to remove Qin Yan’s absolute power, you must
It needs to be approved by more than _ votes of the company’s shareholders to take effect.
This means that unless Qin Yan himself voluntarily relinquishes the absolute control of the company, no one can deprive him of this right.
Since the establishment of Hongmeng Pan Entertainment last year to August now, the company has carried out two share placements, and 2 Hongmeng employees have received share placements.
Hongmeng Pan Entertainment distributed 0L3_5% of the equity. ,
Hongmeng Technology split out ZQ.2%. Equity, Hongmeng E-commerce split out 0.34% equity__
Chaos Lab’s most points go to %% Equity L
Of course, these are virtual dividend shares rather than real shares. After the Spring Festival, there will definitely be more outstanding employees joining in. After making contributions to the company, they will receive allotment of shares. Share the company’s huge dividends together.
Hongmeng pan-entertainment incentive policy. Only employees above the P5 level are eligible for the allotment of shares. Those below the P5 level can only get bonuses.
This kind of setting s has been upgraded to another level in the Chaos Laboratory, and researchers with a P4 rank can receive allotment shares, and the virtual bonus shares allocated in the Chaos Laboratory are more than the P5 ranks of Hongmeng pan entertainment. 1P_4 ranks and above, researchers Every time you upgrade a level, the obtained configuration
Shares will multiply. All kinds of supporting welfare measures are beyond the imagination of any enterprise.
However, the researchers of the Chaos Lab cannot obtain real shares. Among the three major Hongmeng companies, I employees can only be eligible to convert virtual bonus shares into real shares only if they have worked hard to reach the P8 level.
Of course, no matter whether it is virtual dividend shares or real shares, the company will not directly reward. Need to buy.
Only when the cornet is a real stock…is a serious shareholder of the company. All virtual dividend shares can only be regarded as quasi-shareholders.
What? It’s too unfair to the researchers, but the benefits of the researchers are good.
Chaotic Reality
The laboratory and various research equipment and research materials are all provided by the company, and researchers can use them at will. Researchers at P7 ranks will be provided with apartments and cars. Those with ranks above P8 will be directly allocated villas 1..
In this way, all core bone jade employees under Hongmeng. They were all firmly bound to the chariot of Hongmeng for at least 15 years.
And this set of employee incentive policies was finally established after Zou Yu and the legal department] researched for a long time.
Want to let those capable and ambitious elite talents follow you all the time, devote your life experience and painstaking effort_ Treat the company as your own company, worry about the company’s urgency, worry about the company’s place
Worry. You must give equivalent or even beyond-value benefits in exchange for empty talk. The ideal is to play hooligans, otherwise the real elites will not be retained.
so. Qin Yan is willing to give out shares to these elites to share the company’s huge dividends. Only interests can firmly unite a group of people, and make a group of people twist into a rope and work together to move forward.
Let’s talk about Warwick. Ruxian and the others did not have this special incentive system at the beginning. There is no way to get to Lingtian. It will not become Laomei’s confidant in the future and then use the state machine to suppress it. 0.wr
In less than ten months since the establishment of Chaos Lab, a total of
Requested 4 core patents. An average of 19 patents are born every day. In addition to the huge role played by Qin Yan, it also has a lot to do with the crazy research of the researchers under him.
Otherwise, Qin Yan could only climb the technology tree with his own strength, even if he had the knowledge of tree species surpassing the human technology tree, it would be impossible to complete the research and development of so many core technology patents within 10 months, even if he just pushed hard.
No matter how talented a person is, he still has a lot of energy. A day is 24 hours. It is impossible for Qin Yan to do research day and night. If he does not sleep every day, he will not live long. Qin Yan wants to live even longer.
_
Until now, Huawei has been surprised to find that Hongmeng Chaos Lab has a high degree of overlap with Huawei in related fields such as communication baseband and blue conductor chips, which is not the most critical.
What Mr. Ren and all Huawei executives really value is that Hongmeng Technology is about to enter the A mobile terminal sales market in an all-round way.
Qin Yan has already launched his own MP4 product. After several rounds of sales until a month ago, a total of 100,000 units have been shipped worldwide, and it is very popular around the world.
And Hongmeng’s next strategic smartphone is even more aggressive.
Huawei’s next strategic node has already targeted mobile terminals,
They can’t make way.
Hongmeng Technology and Hongmeng E-commerce have been very low-key before this. Keeping the Chaos Lab firmly hidden… and the latter has been working hard to conduct research and development in a low-key manner, whether it is the core technology patents that are constantly emerging, or the equity incentive policy. They are all low-key… and can’t be low-key.
Now, at this moment, in the eyes of Warwick’s top management, Chaos Lab is their natural strategic ally, or…
The most powerful competitor on a global scale.
It is worth mentioning that Huawei attaches great importance to strategy, and it is often arranged in five years, ten years or even longer.
At this time, they noticed the turbidity laboratory, and began to discuss whether this laboratory would become a potential competitor of Warwick.