Worried that Hua Wei will surpass us and then leave us high and dry?
It doesn’t exist at all!
The hidden technological advantages of Baiyeji are enough to keep the world chasing for another decade or so...
Others worry about Hua Wei backstabbing them because rabbits can’t dance with wolves.
But they’re definitely not rabbits...
Gao Yuan’s words not only reflect strong confidence in their own technology, but also express a mutual learning and competitive attitude.
Throughout these exchanges, Mr. Yu has been full of admiration for us, and Gao Yuan is equally impressed with Hua Wei.
The strength of Hua Wei, aside from the so-called leadership strategy and the tis’ background, is largely due to... institutional advantages!
They are not publicly listed in na, but they operate as if they are!
In na Hua Wei is a private enterprise, but by the end of 2017, it already had about 80,000 internal shareholders. This number of shareholders far exceeds that of most A-share listed companies.
From a financing perspective, although it isn’t listed, it can raise funds from internal shareholders at any ti, making it low-cost yet efficient.
Low cost reflects in that they don’t need investnt banks to do howork, which ans no underwriting fees, and no roadshows, thus saving a significant amount on listing costs.
And efficiency is reflected in that there is no need to convene a shareholders’ eting in advance or require approvals from certain bodies.
Just look at the ti span from when the board of directors of a typical A-share listed company announces a financing plan to its final implentation to understand, without comparison, there is no harm!
In contrast, for Hua Wei, as long as the board decides to expand the equity, they can simply issue invitations to eligible employees and wait for subscription and paynt.
Low-cost and efficient equity financing further reduces the company’s interest expenses.
Similarly, when internal shareholders exit, the company will repurchase "stocks" at the latest net asset value. As Hua Wei has always been profitable, its net asset per share increases year by year. In the long run, employees holding shares also enjoy the company’s growth dividends.
It achieves the goal of low-cost financing while giving the company’s growth dividends to all employees, thoroughly stimulating employee enthusiasm...
This advanced managent system is enough to make any entrepreneur admire.
In Gao Yuan’s view, Hua Wei’s success will set an exemplary effect, and more high-tech companies will emulate Hua Wei’s corporate system in the future.
Of course, what boss wouldn’t like to enjoy profits alone?
If all the equity is distributed, where’s the capitalists’ role?
This is also why all bosses clearly know the superiority of Hua Wei’s system but rarely imitate it.
Whether capitalists or the privileged class as beneficiaries, they are actually reluctant to see the widespread ergence of Hua Wei’s model.
Because it ans the wealth aggregation effect is greatly weakened!
But from a competitiveness perspective, those backward traditional enterprises with concentrated equity are always shrouded by the fear brought by equity egalitarianism...
They also thought about resisting, and trying the tried-and-true "copying howork."
But so companies only talk about learning Hua Wei’s fighting spirit, wolf-like culture, and overti work, yet are incredibly stingy with employee treatnt and equity.
They learn the facade but not the essence, ultimately turning into a mishmash...
"Chairman Gao’s boldness is truly admirable!" Mr. Yu grasped the implication behind Gao Yuan’s words, his smile growing wider.
However, the next mont, Gao Yuan’s tone shifted, smiling aningfully.
"But since Mr. Yu ntioned your side plans to cut expenses in overlapping areas with us, I have a suggestion: we take on your surplus technical staff in the software departnt.
To be honest, our business is expanding so fast recently that we’re severely understaffed.
We’re willing to add 20% to their original salary at your company and incorporate them into our technical departnt. What do you think of this proposal?"
"Uh..."
Mr. Yu’s face turned awkward.
Goodness, you’re really seizing the opportunity and even have your eye on our talent...
I’ve said we can’t catch up in the short term, but I never said we would just wave the white flag and surrender!
If we can’t catch up in five years, we can always aim for the long haul!
The talented technical staff we nurtured with great effort, now you’re suggesting we just let them all go with a single sentence?
Though we’re familiar, this request is akin to asking for a pound of flesh!
Agreeing to it would be painful, and if I don’t agree... are you still thinking of competing with in these fields?
Then wouldn’t my earlier statents be an imdiate slap in the face?
Mr. Yu inwardly groaned, realizing that the Gao Yuan in front of him isn’t soone easily convinced, skilled at finding a gap to exploit...
"Haha! It’s just an immature proposal. If Mr. Yu thinks it’s inappropriate, just pretend I never ntioned it." Gao Yuan chuckled.
She naturally knows it’s impossible to poach Hua Wei’s core research and developnt talent with just one statent.
Even though the two sides are currently in a strategic alliance.
But, you ask exorbitantly to land on a reasonable price...
"This..." Seeing Gao Yuan’s disappointed expression, Mr. Yu felt a bit embarrassed.
At this mont, Tang Yun, who was behind Gao Yuan, suddenly spoke up.
"Chairman Gao, I’m also in HR, and I know how valuable a company’s research talent is. Your previous request was indeed sowhat unreasonable.
But Mr. Yu, as far as I know, your company has a ’Strivers’ Agreent,’ so every year, many experienced employees leave.
We are indeed in urgent need of talent. So, what do you think..."
The so-called "Strivers’ Agreent" is famously known in the industry as the "35-Year Graduation Agreent."
This agreent was once heavily criticized externally, considered as Hua Wei kicking the donkey when it’s done with the grinding, even leading to anxiety like the "35-Year Unemploynt Curse."
Once the policy was introduced, it’s said that employees within Hua Wei also complained a lot.
However, what they cursed about wasn’t that they would be laid off at 35, but why the hell it wasn’t them being laid off...
Why?
Because according to the rule, any laid-off employees without shares or with less than 100,000 shares will all be compensated up to 100,000 shares and retain all stocks.
This ans lying flat and doing nothing, yet getting an 18%-before-tax dividend each year...
In all honesty, although these older employees’ energy levels might have declined sowhat, their experiences make them highly sought after even if they graduate—dostically, they are talent fought over by big companies.
After all, so of the scarce high-end talents aren’t easy to recruit in the market.
Nurturing one takes a considerable amount of money and ti.
The reason Gao Yuan brought Tang Yun along this ti was actually targeting Hua Wei’s talent pool!
Having rejected them once just now, Mr. Yu really couldn’t refuse a second ti.
"This... no problem! I’ll provide a list of employees who will undergo assessnt this year and next, and then Mr. Tang can go directly to the factory for recruitnt!
However, whether you can recruit them or not depends on Mr. Tang’s skills."
Tang Yun imdiately smiled cunningly like a fox.
"Haha! Thanks a lot, Mr. Yu!"
Mr. Yu smiled wryly.
Alright! So this was a setup waiting to snare ...
Gao Yuan beside him showed a aningful smile.
The establishing of a direct recruitnt channel to Hua Wei is just the first step; she certainly wasn’t planning to spare this biggest dostic high-end talent reserve.
To dig, she needs to take them all old and young, root and branch...
Of course, the premise is to let the other party see the despairing technological gap between the two sides...
...
In Beijing, the long-lost Ai Dou New Energy head, Mr. Bao, excitedly received an official certification docunt.
This seemingly lightweight piece of paper.
Yet it signifies that the autonomous driving field is about to usher in a new era...
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