Chapter 203: Not Afraid of Being Chased and Scolded by Peers Nationwide [Please Subscribe! ]

After taking care of the small matter of Bitcoin, Wang Chengguang continued to work until about two o'clock in the afternoon, when Wang Manni came to report, "Brother Guang, Vice President Xu is here, and he brought a big boss with him..."

Wang Chengguang looked at her. Vice President Xu’s rank was not low!
Wang Manni said excitedly, "It's a vice president of CIC."

Wang Chengguang stood up and walked outside. "He is a provincial boss. He is indeed a boss. Are you going to give money to support our Xinghuo?"

China Investment Corporation, which was officially established in 2007, has a registered capital of 2000 billion US dollars. Its main investment direction used to be biased towards Europe and the United States. After suffering losses, it shifted its focus to emerging markets overseas and at home.

In July this year, CIC spent more than 2 million pounds to become one of the major shareholders of the largest wine merchant in Yinglun. In September, it also subscribed to tens of millions of dollars of shares in a Shanghai real estate company listed on Hong Kong Island.

This includes spending more than US$8 million to invest in Hong Kong Laibao Group.

This large group is mainly responsible to the higher authorities.

No matter how high the position of the former Vice President Xu was, he was only a department-level leader. With such a big shot optimistic about the Spark System and negotiating financing and capital injection, it is equivalent to having another big backer.

As long as it develops legally and safely and makes huge profits in the market, CIC is often more powerful than ICBC. It is an investment company...

For example, a company under CIC is a major shareholder of ICBC!
To be more precise, one of his companies is a major shareholder of the four major banks.

Wang Chengguang feels that it was Xinghuo Payment that attracted CIC. After all, Xinghuo Payment involves Internet finance and currently has more than 2 million users.

………………

Two hours later, Wang Chengguang sent Vice President Xu and another big boss away. Wang Manni said with a smile, "Brother Guang, is our Xinghuo Payment considered a semi-state-owned enterprise?"

"According to the latest valuation within five years, at least 15% of the shares will be sold to CIC. Now they are loaning us $25 million. The official property right is over %."

"By this calculation, aren't you also equivalent to a bureau?"

Wang Chengguang was also speechless. This was a great thing. CIC had become one of the major shareholders and was particularly particular about giving him a few years of development period before recalculating the valuation and spending money to buy it.

As expected, he is the major shareholder of the four major banks!!
The other party only wanted to invest in Xinghuo Payment and did not ask for Xinghuo Weibo or WeChat, as they still valued the financial security attributes.

After he took a sip of tea, he smiled and said, "Let's continue to buy Amazon with this $6 million."

Wang Manni smacked her lips. "I feel like I've lost a lot. We first bought Amazon at the bottom, and we spent 4 million US dollars to buy 1.7%. Now, with 6 million US dollars, we can only buy 1.1%..."

"It has grown from 200 billion to 500 billion in less than a year, but Apple has also grown ridiculously, especially now that Apple 3GS has been brought into China Unicom for sale in mainland China."

In October, the China Unicom version of Apple 3GS was launched to sellers, but the sales were just so-so, far from being a hot seller. It couldn't even catch up with the Meizu M10, after all, the China Unicom version was too expensive.

It was the serious "Aikawa 4" that became a huge hit in the Chinese market.

Wang Chengguang laughed, "It's okay, buy it first, and then cash it in for something else when the time is right."

Tesla is going to be listed next year, and holding less than 5% of the shares in the early stages is also very stable.

………………

December 12th, Christmas of the new year is getting closer and closer.

Wang Chengguang took advantage of the early hours of the morning to arrive at a two-bedroom, one-living room apartment on the North Fourth Ring Road in Yangtao, which had been rented out and simply decorated. He opened the door...

The morning light appears.

When he was about to go out for morning exercise, Yang Tao said awkwardly, "Brother Guang, the hard drive you asked Nini to give me last time was lost. Didn't you say it was only worth two pizzas? Isn't it that important?"

Wang Chengguang, “…”

He was not in a hurry to go out for morning exercise. At worst, he could go out to put on makeup. After he poured a cup of water, he asked curiously, "I only gave it to you five days ago. How come you lost it?"

Yang Tao hurriedly explained, "I just put it in the car. I came here to park for a day or two. Didn't I want to buy some simple furniture? After I sorted out the ordinary furniture, I found that the car was stolen."

"In addition to the hard drive, my wallet, camera, and newly bought laptop were also lost. A lot of things were lost. Fortunately, my ID documents were not in the car."

Wang Chengguang patted Taozi's thigh with great emotion, "It's been a year since the big festival, and the thieves are rampant again?"

Last year, there were tens of thousands of acts of bravery during the Spring Festival travel rush, which saved countless people from being robbed and also sent thousands of thieves to prison.

It’s not even the Christmas and New Year holidays yet!
Is it okay to steal directly from the car? But this kind of thing seems to be quite common in this era. Yang Tao's Volkswagen was lucky that it was not stolen and sold.

Yang Tao asked curiously, "Then are you going to re-promote the whole network's courageous actions in the new year?"

Wang Chengguang thought about it and shook his head, "It's not appropriate. The housing prices have risen so much in just one year. I once gave away houses, and gave away hundreds of cheap welfare houses. Even if I emphasize again that I don't have a house, it will still be easy to stimulate netizens to make a big fuss."

"Wait until daytime and call the police. Try to urge them to get the hard drive back. If they can't find it, forget it."

This was still the era when you could go to Hong Kong Island, turn on a mining machine, and mine more than a thousand or even more bitcoins a day.

It’s just twelve thousand… No one except him knows that this amount could be worth tens of billions of RMB in the 20s. It’s just a hassle to cash it out, and it requires the support of a super tycoon!

Yang Tao nodded and said, "I'll call the police this morning."

When Wang Chengguang returned home from his morning exercise, he saw that many people had also gotten up. He reminded them to keep the money well. If that didn't work, he would go to the bank to open the safe.

Wu Xiaowei asked curiously, "Why don't we buy a few new safes and keep them at home? If this thing has a huge potential for appreciation, we'll forget about it if we keep it in a bank safe, right? It's easy to lose things if it's been there for too long."

Wang Chengguang laughed, "No, you will keep paying fees for opening the safe all year round. Given our relationship with ICBC, it will cost a few hundred dollars a year to open the safe, but ICBC knows that it is our stuff and will take special care of it."

"Of course, if you want to buy a safe and keep it at home, that's fine too."

It's about nine o'clock in the morning.

Wang Chengguang arrived at the China World Trade Center headquarters in the Xinghuo Building. He had only sat down for a few minutes when he heard Gu Jingjing report that Lei Jun had arrived. He stood up and walked out the door to greet him. When Lei Jun was a little surprised, he personally took Lei Jun into the office, sat him on the sofa, and made him a cup of tea.

Lei Bushi was not only surprised, but also a little flattered. He smiled and said, "Boss Wang, what's the matter? Do you have any important tasks for me?"

He was also one of Wang Chengguang's partners, a working partner. He was greeted by the major shareholder like this, and was offered a sofa and tea... Wang Chengguang smiled and waved his hand, motioning Gu Jingjing to bring a document, and said with a smile, "I plan to let Xinghuo Mobile set up a series of subsidiary factories in Zhengzhou. You are also a major shareholder, so I'd like to ask for your opinion."

Lei Bush, "..."

What's the point of setting up a factory? ? After Lao Lei took the document and glanced at it briefly, he took a deep breath and said, "Boss Wang, the cost increase of your conditions is too big, isn't it?"

No wonder Mr. Wang treated him like this, it turns out there was a big trap.

Wang Chengguang mentioned the establishment of a Xinghuo mobile phone factory to produce chargers, charging cables, mobile phone cases, earphones, etc. The starting salary is 1500 yuan, with an eight-hour work day. Overtime for one person is not allowed to exceed 2 hours a day, and the factory will pay five insurances and one fund for employees.

One day off a week and mandatory days off on major holidays.

Food and accommodation are included! The food and accommodation standards are comparable to those of some first-class university dormitories and canteens in Zhengzhou. Meal expenses plus dormitory electricity fees and other subsidies are provided, and the subsidy is about 500 yuan per person per month.

This is basically equivalent to a basic salary of 2000 yuan.

Overtime is paid at 1.5 times the salary, Sundays are paid at 2 times the salary, holidays are paid at to times the salary, and workshop managers of various departments are not allowed to disturb the private lives of employees during their rest time...

It is also necessary to establish internal entertainment facilities, such as basketball courts, libraries, computer rooms, etc.

After reluctantly reading it, Lei Bushi pinched his face and asked suspiciously, "Boss Wang?? Am I seeing things right?"

How much will this cost? Are you running a factory or giving out benefits?
Wang Chengguang smiled and said, "I am from Henan Province. I will only be 25 next month, and I am already the fourth richest person in the mainland. I will return to my hometown to open a factory to make mobile phones. I can't exploit those folks too much, right?"

"These conditions are not excessive, it's just that we earn a little less."

Lei Jun took another breath and drank a sip of tea. "Since you wanted to open a factory in Zhengzhou, Mr. Wang, I have investigated. The local full-time minimum wage is 600 yuan, right? The average minimum hourly wage is 6.8 yuan. Of course, interns are counted separately."

"Even the minimum monthly salary in Beijing is only 960 yuan. Isn't 1500 a bit too high for a new factory? Why not try OEM for Foxconn?"

This is outrageous. For the sake of his personal image, Wang Chengguang, the fourth richest man in mainland China, returned to his hometown to build a factory. He cannot run a sweatshop. Is he afraid that people will point fingers at him and accuse him of exploiting his fellow villagers?
OK...that's quite right.

For a super entrepreneur and star entrepreneur like him, maintaining his image is very necessary.

But this would cause great hardship to a partner like him.

The next moment, Lei Jun complained, "Boss Wang, I heard that the base salary of the front-line workers at Foxconn in Pengcheng is only 900 yuan. It is through military management and overtime work that the workers can get an average salary of more than 2000 yuan."

"We have our Spark phones manufactured there, it's very safe, why don't you give it some thought?"

Wang Chengguang also took a sip of tea. "Now I'm asking you to give it some reference. If you are determined not to do it, I won't force you to do it. At most, I will personally invest in setting up another production factory."

What Lei Jun said is also true, Foxconn is very militaristic, this kind of thing... In 2010, it was the Foxconn Tenth Consecutive Year that shocked the whole country...

Factories that treat young men and women like robots will have good salaries and no shortage of low-level workers, but they will also drive people crazy.

Humans are not robots after all.

Now it was Lei Jun's turn to laugh and cry, "You personally funded it? It's not profitable, right? Yes, I haven't paid attention to it before. Do the various Xinghuo institutions have the same standards?"

Wang Chengguang was also speechless. After all, he was a cheater. The treatment of employees in multiple departments at Xinghuo was better than that at the new mobile phone manufacturing plant.

After all, most of the departments are in great need of high-end technical talents. For example, how many people in the Network Security Department, Payment Department, and WeChat Department were selected from the best of Tsinghua University, Peking University, Beijing Institute of Technology, and Beihang University?
Mobile phone factories produce on assembly lines...A normal and healthy junior high school graduate can handle it after training. It's not of the same nature.

After he lit a cigarette, he passed one to Lao Lei and said with a smile, "We are lucky enough to have come this far thanks to the welfare of the times and the great background. We have made more money than we can spend. We can give a little more profit to the people who work for us as a way of giving back to society."

“It’s really just a little bit.”

Lei Jun was stunned for a few seconds, looked at Wang Chengguang and then at Gu Jingjing, and thought, "That's right, then it won't make money. I agree to this recruitment salary, or it's the official salary of our subsidiary factory of Xinghuo Mobile Phone."

"Manufacturing is really not profitable anymore. I believe you, Mr. Wang, will make a profit in the stock market in the future. If Spark Mobile can carve out a niche in the market, whether it is listed in Hong Kong or in the mainland, the return will not be small."

"Such employment treatment will surely spread across Zhengzhou and the entire Henan Province, and gain a lot of social favor. It is also a selling point for our mobile phone sales. At least when Henan people choose mobile phones, as long as our mobile phones are not deceptive and not expensive, they will naturally like them."

"When are we going to discuss this treatment standard with Brother Xiao Ma?"

Xiao Ma joined Spark Mobile by purchasing Wang Chengguang's personal shares, but such a big thing must be discussed with Lei Jun.

On the 6th, Pony came to the house and negotiated privately, and on the 7th, they organized a meeting to talk with Lei Jun. Lei Jun was also very happy and had no resistance. This was not a matter of premium or not. Wang Chengguang got a lot of bargains in the past ten days.

Rather, the big Penguin Empire, the power of various platforms, connections, etc., are a brand new and huge driving force for new mobile phone manufacturers.

When Lei Jun visited Wang Chengguang for the first time to seek cooperation, what he valued most was the chain effect of Xinghuo Weibo, WeChat, Xinghuo online store and payment.

Wang Chengguang nodded and smiled, "I'll go to Pengcheng to have a face-to-face meeting with him. This is real money, and I can't let you feel uncomfortable and think that I'm spending your money for the sake of my own face."

Lei Jun waved his hand, "Not really. My little money is not worth your attention. But Mr. Wang, if we really become bigger and stronger and need to open more branches, you should also consider my hometown."

"If word of your job offer gets out, there will definitely be a lot of people in my hometown looking for me to chat and have a meal."

Wang Chengguang burst out laughing and agreed to it affirmatively.

After he sent Lei Jun away, Gu Jingjing asked curiously, "These days, the basic salary, including subsidies for food, accommodation and electricity, is really 2000 yuan. The maximum number of hours a day including overtime is no more than ten hours, and there are five insurances and one housing fund. Aren't you afraid that other capitalists will scold you for breaking the rules?"

Wang Chengguang smiled and said, "There will definitely be people scolding us, just ignore them. We have a big platform, so why should we be afraid of a small public opinion storm? Please help me book a few tickets to Pengcheng, and I will go to raid Xiaoma."

Gu Jingjing nodded and went to work. Wang Manni came over and said, "How about collecting some materials from the sweatshop in advance, and then when we recruit workers and build a factory, we can compare and promote it on Weibo? If someone scolds you, there will definitely be netizens who will scold you back for us."

Wang Chengguang shook his head, "No, really no..."

Next year will be the tenth consecutive year that will shock the whole country. Even so, Foxconn will not lack a steady stream of new people to apply for the job.

Fortunately, it is a mobile phone manufacturer, a high-tech field that Henan Province does not have, and it is not a supermarket, so it will not be chased and attacked by its peers across the country.

(End of this chapter)