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Chapter 253 Dividing money again and brewing a new plan

29th, Saturday, the last day to go to work in September.

Next is the 8-day long holiday of the Mid-Autumn Festival and National Day.

Although Bolang's benefits are superior and today is the end of the quarter summary, there are still a few employees who are not on duty today.

Everyone wants to take longer vacations.

After all, 9 days is one more day than 8 days~
No company would mind such a small matter, even if Bolang planned in advance to hold an online all-hands meeting that would last about an hour today.

At ten o'clock in the morning, Wang Wanyu, Li Ze, Tang Pu, Chen Jiaxin, Sun Baoyin, Li Bowen, Wang Zhiyi, Zhao Mingjie, and Zhang Yulin walked into the general manager's office.

Wen Liang made a pot of tea to entertain the co-founders: "Qin Zheng is away on a study tour, and because of the time difference and regional issues, he is absent from this regular shareholder meeting. He entrusts me with full authority over all affairs."

After explaining the well-known fact that Qin Zheng was absent from the shareholders' regular meeting, Wen Liang glanced at everyone, and said in a calm manner: "The company has grown stronger and stronger, and the previous meeting format is no longer suitable. My idea is that similar meetings will be held in the future. Shareholders’ regular meetings only discuss matters of vital interest.”

"Comparatively more specific matters such as detailed business summary and next-stage arrangements, the establishment of a normalized reporting mechanism will be in charge of Mr. Chen."

"Raise your hand if you agree with this proposal."

After finishing speaking, he looked at everyone.

Wang Wanyu and Li Ze first raised their hands in agreement, and everyone followed suit.

There may not seem to be many major business items, but there are two subsidiaries alone, as well as various infrastructure construction and other matters. If you really want to summarize everything, it will take a day.

A normalized reporting mechanism is a good solution.

Anyway, an electronic archive will be established, which can be recalled at any time.

In fact, before the meeting started, Wen Liang communicated with everyone separately, and everyone was not surprised by this.

After taking a sip of tea, Wen Liang said directly: "As usual, the money will be divided first."

As soon as the words fell, everyone looked at Wang Wanyu.

Wang Wanyu opened the folder she carried with her, glanced at the data, then scanned the crowd, and said loudly: "The total revenue attributable to the company in the third quarter is 3 billion yuan!"

The third quarter that is about to pass is a quarter in which the foundation of Bolang's Internet business has formed and operated smoothly.

The harvest is naturally impressive.

Not much surprise, after all, at the end of the second quarter, the revenue brought by the business formation has been initially felt.

Wen Liang took the lead in clapping, but didn't speak.

Then, Wang Wanyu continued: "In the third quarter, Xiaochengshu's advertising business revenue was 24.18 billion yuan, and the platform advertising revenue attributable to the company was 4.31 million yuan."

"Mobile game business revenue is 3.22 million yuan."

"The revenue of all other businesses, such as hot sale mall and remittance payment, attributable to the company is 2.62 million yuan."

The most outstanding revenue contribution is still the advertising business of Xiaochengshu.

Although the advertising business has been fully opened, Xiaochengshu has truly played the role of the first platform of domestic Internet social media;
However, in the third quarter, the total advertising revenue of Xiaochengshu was less than 39.1 billion yuan, which is still very far from Facebook’s single-quarter advertising revenue of 9.34 million US dollars or nearly 60 billion yuan in the fourth quarter of last year.

In the second quarter of this year, Facebook's advertising revenue rose again to 9.92 million US dollars.

That is, although the abundance of the domestic market can be seen, Xiaochengshu has basically reached the market limit at the current stage. If it wants to expand its revenue scale, it has to wait for the mobile Internet to become more popular.

On the other hand, in Bolang's plan, what is really going to compete with Facebook is the range that is currently developing around America.

The revenue from the platform advertising business is still considerable, and this business has been separated from Bolang Xiaocheng, allowing Bolang, the parent company, to obtain more actual benefits.

But no one loses.

At the very least, the 24.18 billion yuan in revenue from the advertising business of Xiaocheng Book comes from Bolang Xiaocheng.

In addition, in the third quarter, due to the hot mobile game market, the revenue of the mobile game business was driven by nearly 2 million more than in the second quarter.

As for the best-selling mall, it can’t be said that it can’t be done, even if Xiaochengshu’s crazy diversion, and even the promotion of the star system, it’s on the best-selling mall, but it’s not in the same dimension as the Ali department and the Jingdong department.

For the entire third quarter, the revenue of the hot mall was less than 37 billion, with a total daily average transaction volume of about 4100 million.

The Jingdong department has an average of more than 1.6 million per day.

Ali alone has an average daily transaction volume of 5.48 million on Tmall.

At this stage, whoever takes care of the hot mall from these two companies will lose.

The most popular shopping malls can compare with e-commerce platforms such as Vipshop and White Goose E-commerce.

It can only be said that Bo Lang's ambition is not here, um, his ambition is not here!
After summarizing the sources of income, Wang Wanyu listed the expenditure items: "At the end of the second quarter, the balance in the company's account was 2 million, and the financing in the third quarter was 1.1 billion;
支出项汇总：机房建设尾款2亿、买地成本13.6亿、公司总部大楼初期设计与建设预付费用2.1亿、数据中心群初期建设费用1.7亿、公司食堂建设支出尾款1.1亿、基础研发支出4.2亿；
Operating costs, expenses, labor costs, and office costs totaled 7.21 million, including the repayment of 5000 million short-term bank bonds and interest in the first quarter.

The company's annual prepaid tax expenditure is 2.5 million. "

"Total expenditure: 34.41 billion."

Finally, Wang Wanyu reported: "The group's public accounts have 31.02 billion cash available today."

The revenue in the third quarter was considerable, and the expenditure was also considerable. Even if the initial cost of buying land and the headquarters building was deducted at 15.7 billion, the expenditure was as high as 18.71 billion yuan, and the tax expenditure of 2.5 million yuan was included, which was 21.21 billion yuan.

Subtracting 34.33 billion from the total of 21.21 billion is a rough net profit of 13.12 billion, and the operating net profit margin has plummeted to 38%.

The [-]% to [-]% operating net profit in the first quarter is gone forever.

Moreover, the profit will be lower in the future.

Because now Bolang is still exempt from corporate income tax. It has been one and a half years since Bolang was first established, and it can enjoy another one and a half years of tax exemption. After that, the corporate income tax expenditure alone will reach up to 25%.

Wen Liang thought about it for a while, and said carefully: "Some time ago, I had a communication with Shen Nanpeng and the others. If Bolang Xiaocheng raises funds again in the near future, the valuation can only be pressed at 1 billion in the A-450 round, which is very uncomfortable. It is beneficial to us, so we do not intend to continue to open financing in the near future;
And I will use the revenue from the Internet business to invest in improving the Internet business layout;

Considering various arrangements, I think the dividend amount for this quarter is still set at 4 million after tax. What's your opinion? "

4 million after tax is 5 million before tax. The current tax law is a fixed 20% tax rate for shareholder dividends.

After the dividend is paid out, the remaining amount in the public account is 26 billion, which is actually not considered surplus, and various infrastructure investments will continue in the fourth quarter.

Hearing what Wen Liang said, everyone agreed.

The amount of dividends in a single quarter has little impact. It has grown to this point with Bolang. How could it be possible to not understand immediate and long-term interests.

Besides, investing in business is for the greater good.

So it was settled.

What Wen Liang got was 60.34% + 1%, a total of 24536 million.

The options that have been decided to be granted in this quarter are 1000 million shares, and the dividends of the remaining 1000 million shares totaling 1% still belong to Wen Liang.

The other 10 people still got a total of 33.66%, or 13464 million.

The 4 million of the 1600% of the option is shared by all employees.

Another 1% of the 400 million will go to the South China University of Technology Education Development Foundation.

Speaking of which, Wen Liang is definitely a high-quality post-90s taxpayer. Counting the tax paid for this dividend, he has already paid more than 1 million yuan in taxes this year.

This time Wen Liang didn't pay attention to the incoming text messages, and poured himself a cup of tea: "About the key plans for the fourth quarter, there are some key points to discuss."

As soon as the words fell, everyone responded: "Okay!"

Chen Jiaxin took out a pen to record.

Wen Liang said directly: "We are planning to establish a new subsidiary to operate Bolang's consumer terminal business, and the business scope includes but is not limited to mobile phones, etc.;

This company will be formed in a new form, and the specific investment shareholders and investment forms will be finalized before its establishment;

Mr. Wang and Mr. Ze, you cooperate to calculate the initial business development expenditure items and the valuation of business technology, and then I will determine the financing amount and the proportion of shares to be sold. "

Both Wang Wanyu and Li Zejin nodded: "Okay."

Seeing this, Wen Liang emphasized again: "The expenditure items should be calculated as large as possible. If the actual amount is larger, double it. If the amount is not large, add a zero. This time, the shareholders are very rich and don't care about holding shares. .”

Everyone just laughed.

They all knew what kind of shareholders Wen Liang was talking about.

This wave is called the planning pit collective~
But everyone believes that the collective will be very grateful to Mr. Wen for coming to the door.

Then, Wen Liang made an arrangement: "Mr. Ze will be the general manager of the new company, and Bolang Xiaocheng will promote one person to be the general manager of Bolang Xiaocheng."

"In addition, it is planned to create a new vice president position in the fourth quarter. My initial preference is Xin Dai."

In this regard, everyone expressed their opinions.

Li Ze was the first to ask the question: "Are there going to be two new vice president positions this year?"

Wen Liang explained: "For the time being, we only plan to create a new vice president position. My idea is that half a year will be a promotion period for major positions, and promotions for small positions will be carried out on a quarterly basis."

Wang Wanyu expressed her opinion: "In principle, three months are enough to show a person's ability. It is no problem to reserve three months to see if we can have a higher vision."

Wen Liang also said: "Among our shareholders, only Xiao Chen and Old Tang are in administrative positions. Xiao Chen has other arrangements. You have to be wronged, Old Tang. You will not be given the title of vice president until the third quarter of next year at least."

Hearing this, Tang Pu laughed, and said indifferently: "You said it was the title, and we people don't care about the title, but whether we can do less non-technical work~"

"Are you envious of me?" Li Zenong raised his eyebrows, and said very proudly, "Then watch and learn, and sooner or later you will be able to do technical work~"

Tang Pu pouted, ignoring Li Ze.

The core point of Bolang's current system construction is to reduce administrative airborne.

Senior administrative positions are not directly recruited by the society. Those who are capable but have a temper, sorry, the Buddha is too big to accommodate Bo Lang.

Look for someone who has the ability to climb out of the system.

Wen Liang is willing to give all Bolang members a chance, as long as you have the ability, you can do the triple jump.

The first example is Yang Yun, who was far behind the department manager at that time.

There is no second example yet.

Xin Dai can only be regarded as a steady promotion.

It doesn't matter if you have a technical position. If you have that technical strength, you can immediately push Mr. Yin to the top, and Mr. Yin promises not to say anything else.

The final discussion was the draft of the all-employee stock ownership plan.

This is actually a tricky thing.

Because the proportion of shares is always only 100%, and it is always only divided on this 1, how to distribute the cake reasonably is a troublesome thing in itself.

For this draft, Li Ze and the others did not lose some brain cells.

In Wen Liang's view, a plan was discussed that could only be regarded as excessive.

It is an imported product called TUP: Time Unit Plan.

The initial plan is a three-year TUP plan, that is, the three-year TUP equity is allocated according to the employee's contribution. Employees do not need to spend money, but can obtain dividend rights and value-added rights. After three years, the TUP equity will be cleared.

The general implementation of the plan is to obtain the right to dividends in stages every year, and the value of the rights and interests will increase.

That is to say, you can only get a small part of the total equity dividend in the first one or two years, and you can get the full amount in the end.

Bolang directly takes 100% of the equity dividends from the first year, and takes the full amount every year, and settles the value-added income in the third year, and clears the TUP shares.

In short, in the end, the plan was drafted in parallel in two ways of option + TUP, and then all employees were solicited for opinions.
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(End of this chapter)