Chapter 497 Equity and Candidates
"Lao Xie, do you have any good ideas?" Xu Liang said.
Xie Wen pondered for a moment, "Mr. Xu, Lenovo is a listed company. But it is also a state-owned company."
"State-owned? Isn't Lenovo in the hands of Liu Chuanzhi?" Xu Liang said in surprise.
He doesn’t know much about Lenovo’s shareholding structure.
Xie Wen smiled and shook his head, "Most people know this, but in fact the controlling stake of Lenovo is in the hands of the Chinese Academy of Sciences."
Seeing that Xu Liang was unclear, he simply told the story from the beginning.
"Lenovo was founded in 1984 with an investment of 200,000 yuan from the Institute of Computing Technology, Chinese Academy of Sciences. The initial employees were 11 scientific researchers including Liu Chuanzhi from the Institute of Computer Science. It is a 100% state-owned enterprise.
Although there were several changes later, the shares were still in the hands of the Chinese Academy of Sciences
until 1994.
This year, in order to go public, Lenovo separated the company's main computer business and listed it in Hong Kong under the name of Lenovo Group. The head office was renamed Legend Holdings.
This is the first change in Lenovo’s equity.
For the second time in 1999, Lenovo implemented an employee stock ownership plan internally, mainly arranging dividends for 35% of the shares held by Lenovo Group.
In this plan, the 15 key people who participated in the startup in 1984 received 35% of it (corresponding to a shareholding ratio of 12.25%).
About 160 core employees receive 20% of it (the corresponding shareholding ratio is approximately 7%).
The last part belongs to future key employees, including the remaining 45% obtained by Lenovo employees in 1999 (the corresponding shareholding ratio is approximately 15.75%).
This equity change mainly occurs in the 35% dividend rights owned by Legend Holdings. The overall equity structure of Legend Holdings has not changed much.
The third change was in 2001.
Since 1998, many state-owned enterprises in our country have been actively undergoing restructuring. In 2001, Lenovo also followed the trend and underwent restructuring, changing from a nationally owned enterprise to a limited liability company, and the company was officially renamed a holding company.
After changing into a limited liability company, its total registered capital was 660.86 million yuan, of which the Chinese Academy of Sciences invested 429.5593 million yuan, accounting for 65% of the shares, and is the absolute controlling shareholder.
In addition, the Legend Holdings Employee Stock Ownership Association invested 231.3011 million yuan and held 35% of the shares. Subsequently, Lenovo Group Holdings was renamed Legend Holdings Co., Ltd.
At this time, Lenovo’s equity is still very clear. It is controlled by the Chinese Academy of Sciences, and the other part is held by employees.
So, if Mr. Xu can convince the Chinese Academy of Sciences, he can get Kingsoft's shares back from Lenovo.
Of course, if Legend Holdings can be acquired directly, in addition to Kingsoft, Mr. Xu can also get the largest IT company in the country and make huge profits. ”
A trace of thought appeared on Xu Liang’s face.
He had always thought that Lenovo belonged to Liu Chuanzhi, so he didn't think much about it.
But if it belongs to the Chinese Academy of Sciences, you can try to acquire it.
After all, our background is tough.
Moreover, before the rise of Lao Ma, the most powerful corporate brand in China was Lenovo, which was already in the textbooks.
Then there is the acquisition of IBM's PC business.
The packaging is good, but the inside smells bad.
$1.75 billion was spent, and the result was that IBM executive Ward became the CEO of Lenovo Group, Yang Yuanqing was changed to chairman, and Liu Chuanzhi retired behind the scenes.
Then the headquarters of Lenovo Group became New York.
In other words, IBM spent US$1.75 billion to not only sell off its unwanted negative assets and improve corporate efficiency, but also successfully turned China's largest PC company into a purely American company.
This exchange of civet cats for princes has completely exposed the comprador nature of Lenovo’s management.
"Mr. Xu, if you want to acquire Lenovo, you have to start from its 'technology, industry and trade' route. After all, the country has invested so many resources, and it has been developed into an assembly plant for more than ten years. It is morally untenable.
After advertising widely, a targeted acquisition strategy can impress the senior management and promote Lenovo's acquisition.
And don't mention Kingsoft before completely acquiring Lenovo.
Otherwise, it will be easy to be criticized and used for personal revenge, and it will not be tenable in justice, and it will not be easy to win Lenovo," Xie Wen said seriously.
Xu Liang nodded slowly, Xie Wen’s idea was indeed a good one.
Only when justice is upheld can the relationship between the Jiang family and the Jiang family be able to exert its greatest energy.
But what he is thinking about now is whether it is worth it.
The most difficult part of acquiring Lenovo is actually not how much money it costs, but how many human relationships are involved after taking advantage of the Jiang family's connections.
These must be paid back.
It is not easy to clear up the favor of the powerful.
There is another difficulty. You said that Lenovo's "Technology, Industry and Trade" is untenable. It has been an assembly plant for more than ten years. So if you acquire it, will you develop it into "Trade, Industry and Technology"?
In this case, you have to invest money in research and development of new technologies.
Technology is not something you can see results by investing more than a billion in three or two years.
After more than ten years of development, it is normal to burn hundreds of millions without any results.
Just for a Jinshan company, spending such a high price and going around in such a big circle, Xu Liang felt that the investment and return were not proportional.
If you have the energy, you might as well use the money to do research and development yourself.
Anyway, he didn’t intend to make it too complicated, as long as it works.
“Let me think about this first.”
Xu Liangdao.
Xie Wen nodded.
"How is the establishment of Hongmeng Research Institute going?"
"We are already recruiting. Ordinary R&D personnel are easy to find, but the key thing is that this leader is difficult to find." Xie Wen said.
“The world is so big, and there are so many talented people in the country, can’t we find any of them?”
“Of course not.”
Although China developed computers relatively late, But after years of accumulation, there are also many talents.
"There are indeed some talents in the domestic operating system field, but the older generation Yang Fuqing and Wu Qingbo are old, and it may be difficult for them to cope with the day and night research and development work. There are many young people, but if they take the lead, it will be difficult for them to take the lead. I’m afraid they are inexperienced,” Xie Wen said. "It doesn't matter if you lack experience. I will oversee the entire operating system project. The key is to have sufficient technical capabilities." Xu Liangdao.
No one knows better than him what functions a mobile operating system should have.
At that time, it will be enough to make additions or decreases based on the existing hardware.
"If that's the case, I have two good candidates here." Xie Wen said.
"Who?"
"Now the chairman of Jinshan Company is asking for Mr. Bo." Xie Wen showed a trace of emotion on his face, "Back then, he was alone in Room 501 of Caiwuwei Hotel in Pengcheng. He had no communication and no friends. , it took him one and a half years to write 122,000 lines of WPS1.0. This kind of perseverance and ability is really amazing.
If we can let him join the research institute, our chief engineer. The candidate is ready."
Xu Liang nodded slightly, Lao Qiu is a ruthless person.
In one and a half years, he ate instant noodles every day, was hospitalized three times for liver disease, and was even given a death notice by the doctor. This kind of perseverance that will not give up until he achieves his goal deserves his success.
"What else?"
Xu Liang then asked.
"Bao Yueqiao."
"Bao Yueqiao of Lianzhong Games?"
Xie Wen nodded, "When I was at Lianzhong Games, there was a technical seminar Yesterday, Bao Yueqiao achieved ten times the normal thread access through code optimization under the NT system on a server. The whole audience was amazed at that time.
At that time, other programmers of Lianzhong rebuilt under the completely open source Linux system, but most of them failed.
I still remember the stunned look of Microsoft engineers at that time.
Moreover, Bao Yueqiao, Jian Jing and Wang Jianhua wrote Chinese DOS platforms including UCDOS and China Dragon when they were at Hope Computer Company in Beijing, and had certain experience in operating system research and development. "
Xu Liang nodded clearly.
"People with ability often have tempers. Even if we are willing to extend an invitation, Bao Yueqiao may not be willing to come. ”
Lianzhong Games started as a casual game platform.
In the past two years, Hongmeng Game Platform has continued to squeeze Lianzhong’s market with its strong capital and R&D strength, coupled with many more popular games.
Then Penguin, under his influence, launched the game platform earlier than in the previous life.
With its huge number of users, it is also constantly squeezing Lianzhong’s market.
Hongmeng gaming platform now occupies 40% of the market.
Lianzhong ranked second and Penguins third.
And this third place is still climbing up, squeezing the space of the second place.
In this case, Bao Yueqiao is willing to turn around and join the enemy's company?
Those with strong self-esteem are not willing to surrender in battle.
Xie Wen smiled and said, "Now the controlling stake of Lianzhong is in the hands of Haihong Group. As long as we offer a suitable price, Haihong will definitely not keep a negative asset that continues to depreciate.
The acquisition of Lianzhong is equivalent to the acquisition of Bao Yueqiao.
When the time comes, Mr. Xu, please be polite to Corporal Xian, treat him to a meal, comfort him, and then promise him generous money and status, and add a little idealism in the middle, so that you are not afraid that Bao Yueqiao will not fall into his trap. ”
Xu Liang listened to his ears, and instantly felt that Lao Xie’s heart was really dirty.
Scheming people, no leaks.
But.
I like it so much!
“Lao Xie, I’ll leave the acquisition of Lianzhong to you.”
Xu Liang made the final decision.
“Mr.
"Then the two of them...?"
"Haha, two technical geniuses are together, let them compete in technology, whoever wins and who takes the lead, don't be unconvinced."
>Xie Wen nodded. He was inferior to others, so he had to hold back his dissatisfaction.
“But I don’t think there is much hope for Mr. Qiu Bo to come over.” Xu Liang sighed.
I am now the chairman of Jinshan Company. I am the boss. I have money and status. Why should I work under you and act like a junior?
Do your part for the development of China Operating System?
Stop being ridiculous.
Qiu Bo Jun is already forty, and you are still using these things to fool young boys. If they don’t beat you up, you will be considered good-tempered.
"Let's talk about it first. If it doesn't work, forget it. At least there is a Baoyue Bridge." Xie Wen said.
“That’s right.”
"Mr. Xu, the institutions that plan to participate in Hongmeng's financing have arrived one after another. Should we make arrangements first?" Xie Wen asked.
“We really should make some arrangements. People are all coming to us. Although we may not be able to reach cooperation in the end, the etiquette cannot be left behind.
In this way, you let the administrative department organize it A department that connects with all the major institutions coming to China. Note that we do not arrange accommodation and let them spend their own money.
The main task of this department is to maintain communication with them. ”
< br>Paused.
"Lao Xie, do you have anything else to add?"
"Mr. Xu, there are too many institutions participating in investment. There are currently 76 registered companies. If they all come here, it will be a waste of our administrative resources and Energy.
So, I think we can screen some in advance."
"How do you want to screen?" Xu Liang said.
(End of this chapter)