I inherited a family fortune of 5000 years

Chapter 328 Yo, all here

In the high-level conference room of Qualcomm Electronics, shareholders are summarizing the work of the previous year.

Except for the state-owned part of Qualcomm Electronics, the remaining shares of Qualcomm Electronics are in the hands of 12 major shareholders, of which the chairman controls 8.74% of the shares and is the individual shareholder with the highest private ownership rate in the entire company.

The shareholder with the second holding rate controls 7.88% of the shares. In Qualcomm Electronics, these two shareholders have the highest right to speak.

The chairman is called Mobike, and he is a true American. He started out as a cable company, and now his assets are close to tens of billions.

The second shareholding rate is a Jiepeng man named Noji Sawada. He graduated from Kyoto University in Jiepeng.

Mobike and Noji Sawada met at an international conference. At that time, Noji Sawada gave an industry sharing report. Many advanced ideas in his report hit it off with Mobike!
Subsequently, the two sold all their shares in the company and established Qualcomm Electronics in partnership. After decades of development, they finally reached the current level. In the company, Mobike and Noji Sawada almost have very high prestige , and even countries sometimes have to respect their opinions and judgments.

"This year, due to the impact of the global epidemic, the growth rate of our output value has slowed down slightly, but compared with the same period last year, it still has a growth rate of 5%. This is the result of the joint efforts of all shareholders and our entire company!" Mobike organized this shareholder meeting in suits and ties.

"Chairman, we gave up that part of the Huaxia market before, and today's orders may be reduced by a large part!" said a shareholder.

"Huh!" Mobike snorted coldly, "Si Yueguang simply doesn't know what is good and what is bad. If you have money, you don't make money. It's ridiculous to insist on doing something to get over your feelings!"

Indeed, a large part of their business used to connect with Huaxia through Silicon Moonlight. It can almost be said that most of their orders come from Huaxia people. The breakdown of cooperation with Silicon Moonlight has indeed had a huge impact on them.

"But it doesn't matter. We have supported a new packaging and testing factory in their neighbor Yindu. Their population cost is lower than that of China. Although their demand is only half of China's, the company is still working hard to open up new cooperation. Fang, this year's turnover will not change much."

Mobike’s words undoubtedly gave shareholders a shot in the arm. They are more worried about whether their interests will be damaged, and they don’t care much about who they sell their wafers to.

"Chairman, I heard some rumors from the employees recently, and I still feel the need to speak up!" A shareholder suddenly said.

"What wind?"

"Recently, the companies in the entire Silicon Valley town did not know what was going on, but they actually gave their employees a large salary increase. This has a great impact on the morale of our company's employees!"

"Hahaha," Mobike smiled disapprovingly, "Indeed, the industrial chain in our small town is getting bigger and bigger, and the welfare benefits of workers are improved, which is not impossible!"

"Well, starting next month, all workers' salaries will be adjusted generally, and their salaries will be increased by 5% to 8% based on their performance appraisal!"

A salary increase of this magnitude does not put any pressure on Qualcomm Electronics at all.

"Chairman," the expression on the shareholder's face became a little hesitant, "You know, I often deal with the companies around me, and I have a very good relationship with the bosses of some companies. I confirmed with them this morning, and these rumors are not It is groundless, and their salary increase may be very different from what you imagined."

"Why, these companies have such thin profits, how much can they raise their employees' wages?"

"Mr. Mobike, according to the news I got, since two days ago, more than 500 companies in our Silicon Valley town have raised wages. The rate is .100%, and it is fully covered!"

"What?" Mobike has always been dealing with the company's strategic affairs, and has never paid attention to these trivial matters. Hearing this number, he couldn't help but gasp.

100% salary increase for employees, or full coverage, can those companies still make money?Can their profits support such a substantial wage increase?

"What's going on?" Moby asked.

"They signed a non-disclosure agreement, and they couldn't tell me the specific situation. They just told me that a big man came to the small town of Silicon Valley, and he invested tens of billions of dollars in these more than 500 companies!"

"Tens of billions of dollars?" Mobike couldn't calm down this time.

"Now the company's employees are in a very bad state, and their enthusiasm for work has dropped a lot. Yesterday, there were even some operational errors that had never been seen in the two workshops. For our company, this is definitely not good news!"

"Mr. Mobike, why don't we raise the salary of employees according to this ratio?" A shareholder suggested.

"Mr. Beshar, we have 8000 employees in the headquarters, and the monthly salary expenditure is more than 5000 million U.S. dollars. If it doubles, we will increase the cost by 5000 million U.S. dollars every month, which is 6 million U.S. dollars a year. Our shareholders Will you lose $6 million in dividends, would you like it?"

"This"

For their dozen or so shareholders, if they lose 6 million US dollars, each of them will lose 5000 million US dollars on average, which can even be said to be a huge loss!
"This is someone who wants to disrupt the industry of the entire Silicon Valley town, even targeting our Qualcomm Electronics!" Noji Sawada gave an analysis result after some thinking.

"Who could it be?" Mobike asked, "With an investment of tens of billions of dollars, it is probably not an ordinary person who can do this!"

Suddenly, the two thought of a person at the same time, they looked at each other, and finally said a name in unison.

"Zhang Menglong!"

Zhang Mengyu's appearance in the United States a few days ago made many people feel uneasy, but no one knew what he was here for.

But Mobike and Noji Sawada can perceive some.

Employee strikes, fire hazards, tax issues, behind these incidents, there is the shadow of Qualcomm Electronics. Their purpose is to force Zhang Mengyu to give up the so-called independent research and development, and continue to cooperate with them in Europe and the United States.

But Zhang Mengyu's handling method is completely a blind spot of their knowledge.

Staff strike?He directly fired all the employees who were on strike!

Fire hazard?He stopped work directly for repairs, and even built a special fire brigade at the entrance of the company!
Tax evasion?He directly rushed to the tax bureau with a live broadcast, paid off all the taxes in one go, and even voluntarily received a penalty of five times the fine!

This kind of operation almost made them all stand up and shout 666.

Originally thought that Zhang Menglong would fight back, but as of the last few days, Zhang Menglong did not respond to these things other than dealing with these matters.

But now they realize that what should come will still come!

Spending a lot of money, investing in hundreds of companies for nothing, asking those companies to raise wages, which aroused the emotions of employees within Qualcomm Electronics, this is Zhang Menglong's revenge!

"Chairman, we can't just be passive like this?"

"Yeah, if staff morale continues to drop, I'm afraid there will be problems!"

"Dong dong dong!" At this time, there was a knock on the door outside the meeting room.

"Who!" Mobike gave his assistant a look.

His assistant opened the door, but none of the shareholders present knew the person standing outside the door.

"Hey! Are you all there?" Bolinas walked to the seat of the shareholders' meeting familiarly, and pulled out a free chair, "You are busy first, ignore me, and I will talk about my business after I am done."

(End of this chapter)