Global monopoly of technology

"Luo Sheng, a young man, is very interesting. I did some surveys specially. In terms of employee incentives, Bluestar Technology he founded has referenced a lot of our company’s virtual equity incentive system to a certain extent, but carried out on this basis. It’s slightly improved, and it’s quite radical. You just have to look at their incentive plan and you’ll find that it feels like he has 200% confidence in the future profitability of Bluestar Technology."

One of the participants at the meeting spoke for the executives. After a while, he then added: “What’s more interesting is that his newly founded Blue Coast Technology Company is more thorough, almost based on our company’s incentive template. But there are differences. Whether it is a Bluestar Technology Company or a Blue Coast Technology Company, its shareholding structure fully reveals Luo Sheng's desire for control."

At this time, Mr. Ren smiled and said: "This is a good thing. We should be happy. It shows that our model is not only recognized by others, but also imitated. This may be more meaningful and meaningful than creating real profits. More valuable."

It is worth mentioning that Huawei’s model is not only domestic, but also an alternative in the world. Huawei’s shareholders are as many as tens of thousands. These shareholders are Huawei’s employees, which also led this company to think Listing is difficult.

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 Blue Coast company for employee incentives and shared the company's remaining value with all employees. "

In the design of the equity structure of the Blue Coast Technology Company, Luo Sheng adopted the same share different rights and concerted action agreement, and finally also had the right to veto.

Luo Sheng controls the board of directors through a veto power, and controls the nomination power of the company’s board of directors through a concerted person agreement.

There are a series of special agreements in the company’s articles of association and shareholders’ agreements. One of them is to ensure Luo Sheng’s absolute control. The release of Luo Sheng’s one-vote veto and the agreement of parties acting in concert need to be approved by more than 85% of the company’s shareholders. Take effect.

That would mean that Luo Sheng loses control of the company. There is only one situation, and he voluntarily gives up, otherwise he will absolutely control it.

From its establishment in March to the present, Côte d’Azur has carried out a share allotment in July, and 1285 Côte d’Azur employees shared 0.5% of the equity.

And the 0.5% allocated is still dividend rights, not real shares.

In the future, there will definitely be more employees who have contributed to the company to get the opportunity to share the company's remaining value.

For the equity incentives of the Blue Coast Company, employees below P6 level are not eligible for allotment and can only receive bonuses. Only at P6 level are eligible for allotment, and the allocated equity is virtual shares with only dividend rights, not real shares.

Employees are only eligible to convert virtual stocks to real stocks when they reach the P8 level. Both virtual stocks and real stocks are not directly rewarded and need to be purchased.

If an employee wants to convert the virtual shares in his hand into real shares, he needs to meet two conditions: the first condition is that he must strive for P8 level, and the second condition is the five-year lock-up period, and the lock-up period has passed. buy.

Only when they are transformed into real shares can they be a serious company shareholder, and the shares held are virtual shares, which is equivalent to quasi-shareholders.

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

If you want an aspiring and capable elite to follow you for a lifetime, and devote almost all of your life's efforts to breathe with the company and share the same destiny, you must give an equivalent or even a premium in exchange for it, otherwise you will be a hooligan. , It is bound to be unable to gather real talents.

Therefore, Luo Sheng wants to take out shares to share the surplus value with these elites. Only by real benefit binding, can a group of people be deeply tied to the chariot of the blue coast in a true sense and bravely forward.

If Huawei did not have such a special incentive system, it might not be where it is today, so that it will be suppressed by the United States in the future.

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 them, it also has a great relationship with a group of engineers under his With Luo Sheng's own power, even if he is no better, it is already a top ten to get three core patents within ten months.

No matter how genius, but his energy is limited. Like everyone else, he has 24 hours a day. Luo Sheng doesn't want to work day and night, only sleeps 4 hours a day. He wants to live a few more years. Over a hundred years or even longer.

To this day, Huawei has discovered that several patents of the Côte d’Azur in the communication baseband are highly consistent with the established direction of Huawei. This is not the most critical. What really makes this communications giant attaches so much importance to the company’s entry into mobile End consumer business.

What Luo Sheng wants to do with his mobile phone is an obvious one, and he doesn't need to guess at all. The business gambling agreement with Qualcomm has been exposed.

And this year's Huawei is at a very critical node and has paid more and more attention to mobile terminal services. Previously, Huawei's communication terminal was mainly in the router. Since 2003, it has begun to pay attention to mobile terminal communication services and servers. .

The Côte d'Azur company is now very low-key and has been silently engaged in research and development, but Huawei attaches great importance to it, whether it is the innovative patented technology it already holds, or the Côte d'Azur model.

It's simply a natural partner, or... a strong competitor.

It has to be said that Huawei is indeed strong at the strategic level. At this time, it has already begun to notice the Côte d'Azur, and has already begun internal discussions about potential competitors.

The focus of the current internal discussion is to choose the plan for competition or the plan for cooperation.

"Let’s cooperate." Xu Zhijun said: "I suggest that cooperation does not mean that there is no confidence to compete with the blue coast, but that the strategic level should be placed on a global perspective. The ICT sector has always been dominated by foreigners. When fighting, we already put forward the hypothesis of'extreme survival' last year."

Mr. Ren nodded but did not express his opinion, and another executive who attended the meeting agreed and said: "I also agree with cooperation. The overall potential external pressure is greater than internal competition. If foreigners get stuck on us in the future, there is no need to fight. , It's all over."

At this time, Mr. Ren said: "Yes, it should be twisted into a bundle now to unite the backbone forces to deal with stronger opponents and have more combat effectiveness. As for the potential internal competition that may erupt in the future, that is a future thing. There must be a future."

"That said, what if it is our wishful thinking? The key is what Luo Sheng thinks? Is he willing to cooperate?" said an executive at the meeting.

For a while, everyone didn’t dared to speak up with votes. Xu Zhijun smiled and said: “Living people can still be suffocated by urine. Cooperation can’t rely on guessing. Only after meeting and talking can I know whether it’s done or not, then I’ll go. Go to Sioux City to visit the legendary "Son of the Internet"."

Xu Zhijun's proposal quickly received unanimous approval, and the matter was finalized.

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