Chapter 93 [Veteran-level executives and employees who have resigned one after another regret their mistakes]
The buyer's market has no bargaining power at all, especially Xiaomi. What else can we do?
If you want to get the goods, you can only accept the conditions proposed by the supplier's father. In the end, Xiaomi had no choice but to accept it. The supply of 30 million mobile phones to Xiaomi was largely based on Rebus's face.
It’s not surprising that Xiaomi’s profits are not high. Lingjing Technology provides screens and batteries for its smartphones. Relying on these two businesses, it takes away 30% of the sales of a Xiaomi phone’s initial price, because the screen business is also Charges are based on 20% of the initial offering price.
It is equivalent to the initial price of a mobile phone of 5,000 yuan. Regardless of whether your sales are good or not, whether you make money or lose money, Lingjing Technology takes away 1,500 yuan first. This money is a steady profit. As for whether Xiaomi has any inventory The backlog is Xiaomi's own business and has nothing to do with the father, the upstream supplier.
Moreover, Xiaomi’s supplier fathers are far more than just Lingjing Technology. There are many. For example, the chip must be supplied by Qualcomm. So the supplier fathers cut the cake one by one and divide it up, leaving it to Xiaomi in the end. The profit margin is naturally not high.
There's nothing you can do about it, since you don't have enough core skills to play.
But it should be said or not, no matter what, Xiaomi can produce products by asking for help in the supply chain and have goods to sell, which is also a skill.
……
Two days later, Xiao Yu came to the Lingjing Technology headquarters to hold a board meeting and passed several items that had been prepared before.
Xiao Yu already has absolute control over Lingjing Technology, and no one can object. Moreover, the reorganized board members are basically his people. Even Wen Suqing has a relationship as a classmate and friend.
But we still have to go through the necessary procedures. Lingjing Technology is now the number one stock on the GEM in terms of market capitalization and is no longer a small workshop.
The first resolution passed by the board of directors this time was to divest the traditional food processing, grain trading and retail supermarket businesses and establish an independent subsidiary, which will be wholly owned by the parent company Lingjing Technology and consolidate the financial statements.
The second resolution passed was the second salary increase within the year. The salary of all employees of the company was increased by 35%. The salary paid starting from July will be paid according to the salary increase.
The third resolution passed was that the company planned to transfer all shareholders to 990 shares for every 10 shares. After the implementation of this plan, the company's total share capital is expected to increase from 868 million shares to 86.8 billion shares. The high transfer plan will be implemented in July, and the company's stock price will be ex-rights treated on the implementation date.
Xiao Yu currently holds 451 million shares of the company, accounting for 51.03% of the company's total share capital. After the transfer, the number of shares held became 45.1 billion shares, and the shareholding ratio is still 51.03%. The shareholders' equity remains unchanged, and the shareholding ratio remains unchanged. does not change, the total value of the shares held does not change.
The high-send transfer is actually equivalent to the stock split in foreign countries. It is equivalent to exchanging one piece of cash with a face value of 100 yuan for 100 pieces of face value with a face value of 1 yuan. The value has not changed.
At around 17:00 in the afternoon, Lingjing Technology disclosed the results of the board of directors' resolution, which immediately caused a sensation in the outside world.
[Wow, it’s too spicy, it’s too spicy, and you got a salary increase again? ]
[Every major factory is laying off employees and cutting wages, increasing staff and cutting costs. Brother Xiao's place is expanding recruitment and raising wages sharply, once every six months, and the increase is as much as 35%. ]
[I cried so much, Brother Xiao, your company still recruits security guards...]
[I am a native of Linzhou City, and my thighs have become swollen. Half a month ago, my friend asked me to go to Lingjing Supermarket to apply for a job with him, but I didn’t go. Then my friend successfully applied for the job, and I regretted not joining him. ]
[I didn’t know about this until the video of Brother Xiao talking in the supermarket taken by an employee was posted online! ]
[There is no chance now. I am also a local in Linzhou. I heard that the competition for jobs is fierce now. There are hundreds of people competing for an ordinary position in a supermarket. It is too exaggerated. ]
[Compared with the parent company Lingjing Technology, which requires high-tech professionals, the threshold for this retailer is much lower, but its remuneration is faster than its peers. It is not surprising that the competition is fierce. ]
[Brother Xiao is really willing to help everyone get rich together. I really hope there can be more entrepreneurs like this in society. ]
[Other bosses: Oh, this is very difficult. I can’t lead, lead, lead…]
[Brother Xiao is finally going to split the shares of Lingjing Technology, but he didn’t expect to split the shares by 100. Now I can’t buy it. It’s a good company, a good boss, a good person, buy good stocks, and you’ll get good returns. ]
[Waiting for the stock split to be completed in July, I plan to engage in half-position long-term value investment. ]
……
The next day, stimulated by this news, Lingjing Technology opened higher and moved higher. Market software such as Tonghuashun also added the concept of high transfers to Lingjing Technology today.
In just ten minutes, the trillion-level market hit the +20.00% daily limit, easily breaking through its previous high and setting a new all-time high.
The company's stock price rushed to 1,378.22 yuan, corresponding to a total market value of 1,196.2 billion.
The next day, it opened higher and moved higher again, with both volume and price rising, successfully hitting the daily limit, the stock price hitting a new high of 1,653.86 yuan, and the market value soaring to 1,435.5 billion.
Many small retail investors who were waiting for ex-rights to get on the train were so anxious when they saw such a guarantee. They cursed the main funds and wanted to take advantage of the opportunity to raise the stock price in advance, and then wait for the high bonus in July to transfer ex-rights to retail investors. Taking over, the wishful thinking was crackling.
Lingjing Technology’s stock price fell by -5.60% and -1.79% respectively in the next two days.
At 10 a.m. the next day, Lingjing Technology announced that it had signed a huge mobile phone battery supply contract of over 15 billion yuan with Xiaomi Group, providing 30 million mobile phone batteries for Xiaomi mobile phones.
As soon as the news came out, the company's stock price surged like onions on dry land during the trading session, and OTC funds rushed to raise funds. At around 10:23, Lingjing Technology's stock price surged to 1839.92 yuan, an increase of +20.00%, and the daily limit was sealed for five days. On the Third Board, the market value soared to a new high of 1.597 billion.
"The King of Spirits is mighty! Great! The stocks that can withstand Ashin's long call are all big stocks. Damn it, can they really reach the target price of 2,000?"
A retail investor was excited to see Lingjing Technology rising to the limit again. He was so excited that he naturally held the stock, but he only bought 2 lots of 200 shares. The cost price was 1,065 yuan. Now it has a float of +72.76%. surplus.
At 10:39 a.m. the next day, major market software push messages:
[Lingjing Technology’s stock price exceeded the 2,000 yuan mark, rising by more than +9%, continuing to hit a record high, with a market value of over 1.7 trillion]
"Zhongxin Securities was really fooled. King Ling really resisted Ashin's curse..." A retail investor watching the market was also stunned. No one thought that the stock price of Lingjing Technology was really capable. to the 2,000 yuan mark.
Moreover, the current price has exceeded the current price of Maoti stock, making it the stock with the highest single price in Big A. It already costs more than 200,000 to buy one lot. Most small retail investors can't even afford one lot now and can only wait until the price rises in July. After sending the transfer right.
At that time, the stock price of Lingjing Technology fell back. The highest intraday price was 2011.05 yuan, which corresponds to a market value of 1.7456 billion.
The world's first bank, which has a market value of more than 1.6 trillion, ranks second in A-shares, second only to Mao's 2.45 trillion.
In the afternoon, the trend continued to fluctuate and fell, and it once turned green in the late trading and accelerated its dive to fall.
Hitting the long target price of Zhongxin Securities is itself a fulfillment of expectations. In addition, the stock price is so expensive, the market is so large, and there are not many retail investors to participate, so it is impossible to take it.
After the close, Lingjing Technology fell -3.57% to 1,774.26 yuan, with an after-hours market value of 1.54 trillion. It was overtaken by the first company in the world and became the third listed company in the A-share market by market value.
Lingjing Technology has definitely been an unavoidable target for investors in the A-share market in the past two years. No one could have expected that the company's stock price would fall to 0.42 yuan a year ago, and no one could have expected that it would be in the short term. In just one year, it has risen from 0.42 yuan to the current 2011.05 yuan.
From the historical lowest price of 0.42 yuan to the current new high of 2011.05 yuan, it has achieved a cumulative increase of +478721.45% in about a year. This is the only example in the entire history of A-shares, and it is also true globally. The extremely explosive return on investment puts Bitcoin to shame.
When I bought it for 500 yuan at the price of 0.42 yuan, I now have 2.4 million. If I buy it for 10,000 yuan and put it away for a year, I now have 48 million, which is direct wealth freedom.
..."Oh~, if I hadn't resigned from Lingjing Technology the year before last, and hadn't sold option stocks last August, how could I have ended up like this? It's heartbreaking!" In a car on the side of the road in a certain city, a middle-aged man in his thirties said: While the young man was waiting for the online ride-hailing order, he looked at the current stock price and market value of Lingjing Technology displayed on his mobile phone and sighed.
He was a member of the early thirty-something founding team of Lingjing Technology and was a veteran employee. After the company went public, he also became one of the senior executives, but he chose to leave voluntarily a year and a half ago.
As an early member of Xiao Yu's startup company, he also received an allotment of shares and received an option quota of 10 million shares, of which 3.5 million shares were given directly. The other 6.5 million option shares needed to be subscribed for, but the 0.05 yuan option The price of rights is unimaginable in the current secondary market.
At the beginning, he only needed 325,000 yuan to exercise the option to buy 6.5 million shares.
When the company was short of money in its early stages of entrepreneurship and could not find VCs, Xiao Yu raised money internally by selling stock options to employees, and finally scraped together more than three million to tide over the difficulties.
But the man chose to abandon the purchase at that time, so he only had the 3.5 million shares given away.
As a result, the company developed better and better under the leadership of Xiao Yu, and finally successfully went public through a backdoor listing. This made him very regretful that he did not subscribe for the 6.5 million shares. The exercise price was 0.05 yuan, and he could get it for 325,000 yuan, even if it was In the end, it was sold for 2.73 million yuan at the company's lowest price in history, 0.42 yuan, which could bring a return of 2.4 million yuan.
But what he regrets most is that he sold 3.5 million shares of Lingjing Technology at a price of 1.12 yuan in August last year.
At that time, Xiao Yu was fighting with several investors, and the stock price fell by the limit for 15 consecutive days. At one time, it fell to the lowest price in history, with only 0.42 yuan per share left.
In fact, in June and July last year, when the stock price of Lingjing Technology rose to 50 yuan, he wanted to sell it and cash out. The 3.5 million shares in his hand at that time had a market value of 176 million yuan, but unfortunately it was not yet the lifting period. , the ban will not be lifted until August.
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But as luck would have it, the stock price plummeted in August. By the time the ban was lifted, the stock price had dropped to more than 1 yuan. At that time, the entire market believed that Lingjing Technology would face forced delisting, and he was also very afraid of delisting. Throw it away.
After cashing out, he used the 3.9 million to start his own business, thinking that if Xiao Yu could do it, he could do it. As a result, the company collapsed within three months, and he lost all his money and incurred debts of more than one million yuan. Now he can only join one of the Ironman triathlons. The online ride-hailing service runs on Didi.
"My heart is bleeding. If I make a wrong move, I will be doomed..." At this moment, he looked at the astronomical figure of Lingjing Technology's market value of 1.54 trillion, his whole expression showed a mask of pain, and he regretted leaving this company in the first place.
If he had not resigned, he might not have sold stocks, and now he would be a super rich man worth 7 billion.
The most important thing is that if you are still in Lingjing Technology, you are now a big boss in people's eyes, and you can be as high-spirited and scolding Fang Qiu as Xu Changming and Fu Kang, leading the industry and reaching the pinnacle of life.
Once he left his job, he was now saddled with debts and was resorting to online ride-hailing services.
Not only does he not dare to reveal his identity as one of the founding team members of Lingjing Technology, but he still wants to hide it.
Because if you look like this, not only will you not be able to show off, you will become a laughing stock.
Others need to know that even if the veteran of Lingjing Technology resigned, he should be worth more than 100 million yuan based on the stock options he was assigned. How could he get to the point of running an online car-hailing service? It seems that it really doesn't work. It should be a blessing for Lingjing Technology to leave the company.
"Oh~, it hurts, it hurts so much!!"
……
Lingjing Technology Headquarters, Chairman's Office.
Yun Shu and Xiao Yu were sitting on the sofa in the rest area of the office. At this moment, the beautiful assistant said with a smile: "The youngest richest man in domestic history, his net worth has reached an incredible 785.8 billion, which is about 117 billion US dollars in US dollars. How do you feel about becoming the first Chinese billionaire to enter the top ten in the world's rich list, second only to the stock god Warren Buffett with a net worth of US$118 billion? "
Hearing this, Xiao Yu said disapprovingly: "It's just paper wealth. I'm not like you who can cash out at any time without announcing it 15 days in advance. I won't cash out, and I can't cash out. I squeeze out the price-earnings ratio and follow the company's actual conditions." Calculated by net assets, it should be only 96.2 billion.”
The company's current market value is 1.54 trillion, but its net assets at the end of the period are 188.5 billion. Not only is the price-to-earnings ratio very high, reaching 71 times, but the price-to-book ratio is also not low, exceeding 8 times.
Whether it is 785.8 billion or 96.2 billion, to Xiao Yu, it is actually just a series of numbers.
The values of a group of senior executives who have followed Xiao Yu in his career and have continued to this day have also increased. Especially the few veteran members such as Xu Changming and Fu Kang who are still in the company are worth tens of billions. .
Even Yun Shu, a beautiful assistant, is now a rich woman worth tens of billions, holding 8.5 million shares, and the market value corresponding to the current stock price has reached 15.08 billion.
Moreover, Yunshu's shareholding ratio does not exceed 5%, and it has passed the lock-up period. If you want to cash out, you can just sell it directly from the secondary market at any time. There is no need to issue a shareholding reduction announcement 15 days in advance.
Of course, she listened to Xiao Yu very much. No matter how the company's stock price fluctuated, whether it rose or fell, she would not sell one share.
There is no shortage of cash now, and she can't even spend all the salary paid to her by the company.
After a while, Yun Shu couldn't help but said: "Those veteran colleagues who have resigned in the past few years have basically cashed out their stocks when the company's stock price was around 1 yuan. Come to think of it, the current stock price is also I regret it so much.”
Hearing this, Xiao Yu was noncommittal, smiled and said nothing.
More than just regret? Jane is so sad that she regrets it!
Yun Shu obviously knew that all the veterans who had resigned had sold their original shares. As soon as the restricted shares were lifted in August last year, their names could not be seen on the shareholder list for the third quarter. Apparently they were all in the secondary market at that time. The market has sold out and cashed out, and everyone is afraid that the company will be delisted and sold at a floor price.
In August last year, it would have been weird to be able to hold on and not sell. After all, at that time, the entire market believed that the company was going to be delisted. At that time, even Yun Shu felt that the company was going to be doomed and wanted to sell it. 3 million shares.
Fortunately, she told Xiao Yu about this before she wanted to sell, and finally listened to Xiao Yu's advice. Instead of selling, she bought 5.5 million shares at the floor price, which gave her her current worth of 15 billion.
……
(End of chapter)