"Luo Sheng is a young man who is very interesting. I specially conducted some research. The Blue Star Technology he founded has referenced a large number of virtual equity incentive systems about our company in terms of employee incentives to a certain extent, but it has been slightly improved on this basis and is quite radical. Just look at their incentive plans and you will find that it gives people the feeling that he has 200% confidence in the future profits of Blue Star Technology."

A Hua at the meeting spoke to the executives. After a while, he continued to add: "What's more interesting is that the newly founded Costa çare Technology Company is more thorough, almost according to the incentive template of our company, but there are still some differences. Whether it is Blue Star Technology Company or Costa çare Technology Company, its equity structure fully reveals Luo Sheng's desire for control."

At this time, Mr. Ren, who attended the meeting, said with a smile: "This is a good thing, we should be happy, which means that our model has not only been recognized, but also imitated. This may be more meaningful and valuable than Hua's efforts to create tangible profits."

It is worth mentioning that Huawei's model is not only domestic, but also globally. Huawei has as many as tens of thousands of shareholders. These shareholders are Huawei's employees, which also makes it difficult for this company to go public.

The executive who just spoke said again: "In terms of equity incentives, the similarity is almost exactly the same as our company. Luo Sheng took out the equity of the Costa del Azure for employee incentives and shared the company's surplus value with all employees."

In the equity structure design of Costa delta technology, Luo Sheng adopted an agreement on different rights and joint actors for the same stake, and finally had a veto.

Luo Sheng controls the board of directors through a veto and controls the board of directors’ nomination rights of the company’s board of directors through a joint actor agreement.

There are a series of special agreements in the company's articles of association and shareholder agreement, one of which ensures the absolute control of Luo Sheng, and the termination of Luo Sheng's veto and the agreement on joint actors must be approved by more than 85% of the company's shareholders before they can take effect.

That would mean that Luo Sheng lost control of the company, and there was only one situation where he voluntarily gave up, otherwise he would have absolute control.

Since its establishment in March, Costa 1,285 Costa 1,000 employees have shared 0.5% of the shares.

And the 0.5% distributed is still the dividend right, not the real stock.

In the future, there will definitely be more opportunities for employees who contribute to the company to obtain share allocations and share the company's surplus value together.

The equity incentive for Costa 1999 is that employees below the P6 level do not have the qualification to allocate shares and can only get bonuses. Only when they reach the P6 level are eligible to allocate shares. The equity allocated is virtual stocks with only dividend rights, not real stocks.

Only when employees strive to level p8 can they be qualified to convert virtual stocks into real stocks. Whether it is virtual stocks or real stocks, they are not directly rewarded and need to be purchased.

If an employee wants to convert the virtual stocks into real stocks, he needs to meet two conditions: the first condition is that he has to strive for level 8, and the second condition is a five-year lock-up period, and he can only buy after the lock-up period.

Only when converted into real shares can one be a genuine company shareholder, and the shares held are virtual shares, which is equivalent to a quasi-share shareholder.

In this way, a core backbone employee can be basically locked in the company for about 15 years. Naturally, this employee incentive system is still done by Qin Weimu.

If you want an aspiring and capable elite talent to work with you for the rest of your life, and work hard to breathe and share your destiny with the company, you must give equal or even premium benefits to exchange them. Otherwise, you will not be able to gather real talents even if you are a hooligan.

Therefore, Luo Sheng had to take out his shares to share the surplus value with these elites. Only by binding real interests can he truly tie a group of people to the chariots of the Costa delle and rush forward bravely.

Xia felt that if there was no such a special incentive system, it might not have reached its current level, and would have been suppressed by the United States in the future with the power of the country.

The company has produced dozens of core patents less than ten months after its establishment. In addition to Luo Sheng playing a major role in it, it has a great relationship with a group of engineers under his command who have been working like crazy. Otherwise, even if he is awesome, even if he is awesome, it would be a big deal to get three core patents within ten months.

No matter how talented he is, he is limited in energy. He also has 24 hours a day, just like everyone else. Luo Sheng doesn't want to work day and night, and only sleeps 4 hours a day. He wants to live for a few more years, and it's best to live for more than a hundred years or even longer.

To this day, Hua has discovered that several patents on Costa à in communication baseband are highly consistent with Hua's established direction. This is not the most critical thing. What really makes this communication giant pay so much attention is that Costa à la company wants to enter the mobile terminal consumer business.

Luo Sheng wants to do mobile phones with a bright card, so there is no need to guess at all. The commercial betting agreement with Qualcomm has been exposed.

This year, Huawei is at an extremely critical node and has paid more and more attention to mobile terminal services. Previously, Huawei mainly focused on routers in communication terminals, and has begun to pay attention to mobile terminal communication services and servers since 2003.

The Costa del Azure is now very low-key and has been silently engaged in research and development, but Hua attaches great importance to it, whether it is the innovative patented technology it already holds or the Costa del Azure model.

It is simply a natural partner, or a powerful competitor.

It has to be said that in order to be indeed strong at the strategic level, Hua has already begun to notice the Costa del Azure at this time and has begun to discuss internally that it may become a potential competitor.

The focus of internal discussions now is to choose the plan of competition or the plan of cooperation.

"It's better to cooperate." Xu Zhijun said in a speech: "I suggest cooperation does not mean that I don't have the confidence to compete with the Costa ça, but that the strategic level should be placed on a global perspective. ICT has always been dominated by foreigners. Now is not the time for 'in-fight'. Last year we have put forward the assumption of 'extreme survival'."

Mr. Ren nodded but did not express his opinion. Another executive at the meeting said in agreement: "I also agree with cooperation. The overall potential external pressure is greater than internal competition. If foreigners get stuck in the future, they will be completely ruined if they don't have to fight."

At that time, President Ren said: "Yes, now we should be united in a bundle to unite the backbone to deal with stronger opponents and be more combat-effective. As for potential internal competition in the future, that is a future, and it must be a future."

"With that being said, what if we are wishful thinking? The key is what Luo Sheng thinks? Is he willing to cooperate?" said an executive at the meeting.

For a moment, everyone did not dare to speak with confidence. Xu Zhijun smiled and said, "Can a living person still be suffocated to death by urine? Cooperation cannot be guessed. Only after seeing each other or talking can we know whether it will be successful. Then I will go to Sucheng to visit the legendary 'Son of the Internet'."

Xu Zhijun's proposal was quickly unanimously agreed, and the matter was finalized.
Chapter completed!