Chapter 199 Christmas Party
Chapter 199 Christmas Annual Meeting
For Hong Kong people, the most important festival of the year is the Christmas on December 25 in addition to the traditional Spring Festival. Traditionally, many companies will invite employees to dinner before this day to celebrate and hold annual meetings, and will also pay dividends at the end of the year. Compared with the traditional Spring Festival, they usually only send a red envelope. From Christmas to the Spring Festival, it is a traditional discount season for Hong Kong merchants. Hong Kong people who have worked hard for a year will squander their year-end bonuses and buy products they have long wanted.
Zhongxing International's annual high-level conference was held at the famous Peninsula Hotel in Hong Kong a week before Christmas. As one of the oldest and most luxurious hotels in Hong Kong, this magnificent traditional five-star hotel with Victorian colonial atmosphere is completely shining by the glory of Zhongxing International tonight. The door is full of high-end cars such as Ferrari, Porsche, Mercedes-Benz, Lexus, etc., accompanied by fishing out of the car, holding the noble lady and waving to the energetic senior management of Zhongxing International, flashing lights from both sides of the red carpet from time to time, and the atmosphere is as warm as the awards ceremony for the Hong Kong Film Awards.
At last year's annual meeting, Zhongxing International reached a consensus that it would hold the company's annual meeting on Christmas eve every year. Last year's company's key work was naturally to revolve around listing in Hong Kong. This year, Zhongxing International already has ten listed companies with a listing financing of about US$3 billion. If we include listed companies controlled by these companies in the Mainland, Japan and other places, Zhongxing International has become a worth over US$10 billion. There should be no dispute over the fastest growing company in Hong Kong last year.
Last year, Yang Xing joked that his executives would ask him to make up for the money if the rewards received from equity and dividends this year were less than one million Hong Kong dollars. This promise seems to be impossible to fulfill. Because the annual salary and dividends of these executives this year exceeded this number, which did not include the equity incentives they received. Although this year, despite the financial crisis that has not been encountered in a century, the company's stock price and operations have been hit to a certain extent, Zhongxing International invested 10 billion yuan to repurchase market circulating shares and proposed a huge plan to acquire Japan's Yakan and Hong Kong's Baifuqin.
As well as the impact of signing extensive cooperation agreements with two major mainland investment companies, at the end of the year, the stock prices of various companies under Zhongxing International not only returned to the issue price, but also rose slightly by 10% to 30%. This was achieved when Hong Kong stocks fell from 16,000 points to 8,000 points, halving half of the market value. It is not an exaggeration to say that the stocks of Zhongxing International are the best performing stocks this year. Shareholders are satisfied and the board of directors are satisfied. Naturally, the salaries of all executives have also risen higher, which is a big increase compared to last year.
With financial support, Zhongxing International's annual meeting moved to Hong Kong and chose this long-standing, luxurious and luxurious hotel. The Hong Kong media, which was so excited by the series of dazzling actions of Zhongxing International this year, naturally would not miss this great opportunity. They would conduct in-depth on-site reports on this company that came from the mainland but had gained huge wealth in Hong Kong and made rapid progress in a year.
Because Zhongxing International's rise is too fast, the outside world's impression of it is still very chaotic, and there is no comment. The newly established Public Relations Department of China Star China intends to take advantage of this annual meeting to build it into a platform for external publicity of the company's image. If the company's annual meeting can attract a large number of media to report every year, and the company takes the opportunity to launch some major company measures to attract the attention of the media, it will be established in the minds of consumers as a powerful multinational enterprise, which will be of great benefit to the company's fame and image.
Therefore, the convening of the China Star International Annual Conference is more like a grand Hollywood star party, and the executives also enjoyed the treatment of "stars". However, many media found that the CEO of China Star International who likes to hide behind the scenes and does not often appear, the "magic boy" Yang Xing himself has never appeared. The reporters who do not know much about the company within China Star International had to turn the camera and point them at his beautiful assistants, especially the head of the COO Wang Yiren, who is very decent, and murdered the film in his hands.
Yang Xing failed to attend the annual meeting. First, he was unwilling to let himself be exposed to the flash too early. Compared to standing in front of the stage to attract everyone's attention, he enjoyed the feeling of hiding behind the scenes and manipulating everything. Second, because there were a few good news from Shenzhen that forced him to go there in person. That day, after he and Wang Yiren discussed with Tan Meichang to deal with Zheng Shirong's bank with outsiders, he handed over this matter to Wang Yiren with full authority. He just reminded them that the Zheng family's centipede worm died and would not be able to be taken down in a short time, so he could only slowly draw it. Wang Yiren came back this time and brought Yang Xing a few exciting news that only he, the reborn man, understood after hearing it. For this reason, he went to Shenzhen in a low-key manner. In addition to solving the company's business matters, he also prepared to notify the country to settle the Zheng family's backer Zhang Ziqiang.
His primary purpose of visiting Shenzhen this time was to solve the problem of reduced efficiency caused by the rapid expansion of the company and the uneven personnel quality. Although the company received resumes from many overseas returnees and top students from prestigious universities through several major recruitments at home and abroad, it is easy to get a general, and the group is always in a very eager state of middle and senior management personnel, especially professional managers.
At the same time, the current situation where overseas returnees account for the majority of managers also makes Wang Yiren and others feel alert to the personnel management leaders. Although these overseas returnees have a broad international perspective and are at ease in negotiations with foreign countries, many of them have been away from the motherland for a while and are a little out of touch with the rapid development of the country. Many of the business ideas they put forward are very good abroad, but they are difficult to move forward at home. Therefore, there have always been voices within the company that suggest more local cadres should be promoted to high positions.
However, the headquarters of Zhongxing International has been established less than two years ago. Although it has gathered many domestic elite talents such as Tsinghua and Peking University, it is not realistic to ask them to take on the role of the boss when they are too young. After all, it is amazing to have a freak like Yang Xing in the company, and we cannot completely pin our hopes on geniuses. From this year on, Starry Sky Human Resources, as the group's personnel headquarters responsible for recruitment, training, and job allocation, has been determined within the group, and the goal of introducing senior management talents has been targeted at many small and medium-sized enterprises in China.
As a reborn person, Yang Xing naturally had a list of managers who would soar in the future. When Wang Yiren collected the list of company managers in Guangdong that Xingkong manpower, he was immediately attracted by the above names. The so-called Thousand-mile horse also needs Bole's wise eyes. Before he even recovered from the wind and cold, he went to Shenzhen to ask for talent.
The first one he was targeted by Wang Shufu, the owner of a battery factory. He came into the sight of Starry Sky Human Resources and started with providing supporting batteries for Nebula Electronics' MMP personal digital music player. Although this model, which Yang Xing claims to be an epoch-making electronic product, is the latest trendy consumer electronic product this year, given the gap between domestic electronic manufacturing technology and foreign countries, its internal precision circuit boards and other main components are still purchased foreign products. Stardou Research Institute and Nebula Electronics have only developed a chip that decodes MP3 music, a chip that reduces power consumption, and a blue backlit display developed using the patented technology of a small Japanese company.
Under Yang Xing's instructions, after MMP mass production, in order to reduce costs, the procurement of non-critical components such as MMP shells gradually shifted to China. After a global survey, Nebula Electronics unexpectedly abandoned international brands such as Sony and Sanyo, and chose a small, unknown small battery factory in Shenzhen - BYD.
At this time, BYD was far from the momentum that it would span the electronics and automobiles industries in the future. Its boss Wang Shufu just dreamed of making BYD the largest rechargeable battery factory in China. BYD, founded in 1995, became famous for its development of nickel-cadmium batteries commonly used on mobile phones. By 1997, it had already been a company with annual sales of nearly 100 million yuan. However, the Southeast Asian financial crisis brought considerable trouble to this small factory that had just started its business. Export orders plummeted, and global battery product prices plummeted by 20-40%. Even a dominant Japanese battery factory is generally on the verge of loss, let alone their unknown small factory in Shenzhen.
At this time, Nebula Electronics' MMP music player brought them a glimmer of vitality. According to the requirements, the MMP player must be able to play at least 10-20 MP3 songs stored twice. Nebula Electronics did not choose the expensive lithium battery at the time, and chose the nickel-hydrogen battery. Although BYD had just started developing nickel-hydrogen batteries, it guaranteed to produce finished products that were half cheaper than on the market within 3 months, and as a result, it completed the goal in just 2 and a half months.
Nebula Electronics is very satisfied with this and also handed over the orders for the battery of several mobile phones launched successively to BYD, which quickly got rid of the predicament, broke the situation where Japanese battery manufacturers were the dominant one, quickly occupied 40% of the world market of nickel-cadmium batteries, and continued to develop more efficient rechargeable batteries such as lithium batteries. If Yang Xing had not intervened, BYD would definitely become the world's second largest battery manufacturer.
This time, Wang Shufu wanted to develop lithium battery technology and needed funds to introduce production equipment, so he tentatively asked his partner, whether he would be willing to become a strategic investor of BYD. Through contact with Wang Shufu, Wang Yiren found that he was more ambition and more capable, so he recommended this promising talent to Yang Xing.
Before Yang Xing could be narcissistic, he had "shocked the tiger's body and the king's domineering spirit was revealed, and heroes came to worship him." At this time, many entrepreneurs in China still had the idea of "rather be the head of a chicken than be the queen of a cow". Since Wang Shufu had this intention, he might not have to come to his house to be Liu Bei who "visited three times in the cottage".
In addition to Wang Shufu, another surprise on the list was the developers of "QQ". After using encryption software to communicate instantly with Lin Jiana that day, Yang Xing naturally thought of developing a Chinese instant messaging software suitable for the national conditions. After some investigation, the great Penguin Emperor had not yet been born! He had to ask the Xingdou Research Institute's network software department to recruit programmers in Shenzhen to build up the team of "QQ".
But unexpectedly, he accidentally planted willows and became a shady person. On the list of "QICQ" software development recruiters given to him by Wang Yiren, he suddenly discovered the names of Ma Huateng, Zhang Zhidong and others. Yang Xing was secretly happy that the father of "QQ" actually came to apply for the job, so the rise of the "QQ" empire must be planned well. His trip to Shenzhen, introducing these talents is the top priority!
Chapter completed!