Start from 1980
Chapter 1109 Minimum 1 Million
Chapter 1109 Minimum of [-] million
Just as the boss, I really don't want to accept investment.
Because in the first few years before the establishment of Huawei, no dividends were paid to the partners, and the five shareholders wanted to pay dividends. He felt that the revolution had not yet succeeded, and it was not time to pay dividends.
If the shareholders disagree, he can only buy back all the shares.
Another point is that last year, ZTE had sales of nearly 2000 million yuan and a profit of more than [-] million yuan. However, equity dividends and other factors intensified conflicts among shareholders, and conflicts among shareholders directly pushed ZTE to the brink of life and death.
Boss Hou of ZTE was forced to bring people out to do it alone.
This made Boss Ren extremely vigilant.
Now Huawei is too poor to pay wages.
If there is no way, the money owed to the employees will be exchanged for shares, and at the same time, the employees will be asked to pay for the shares of the company, and let the employees invest in the company.
In other words, most of Huawei's equity is now in the hands of employees. Even if Su Chen wants to take 1%, he will redistribute the equity.
In a sense, Huawei is the testing ground for Mr. Ren's management thinking.
As a soldier, he especially likes to talk about the Battle of Shangganling: the U.S. military used computer simulations and deduced that they could win the position within a day, but the results later surprised the U.S. military.
The reason is that computers can only simulate routine things, and it is impossible to simulate that someone will block the machine gun hole, and someone will remain motionless when they are on fire. This is the power of the spirit.
Boss Ren believes that the core value of an enterprise is "Shanggan Ling". "Shanggan Ling" may not be able to directly produce "grain", but once the enterprise loses "Shanggan Ling", it will never produce "grain".
The military style is like this. Once a gap appears on the battlefield, it will be filled with firepower immediately. If you have to wait for a group of people who don't even have battlefield experience to discuss and quarrel, I'm afraid it will be cold.
This is quite similar to Su Chen's management style.
Because he also doesn't like to argue with a large group of shareholders.
Boss Ren is particularly entangled, because it is really a critical moment for Huawei, and even he doesn't know whether the company can survive.
But the other party made a big deal, [-] million directly at the first opening, and it could also solve the employee's household registration problem.
But he would rather sell assets, sleep on the floor, and raise funds from employees than accept venture capital.
This kind of character is closely related to his later willingness to sell his iron to save his life.
When Li Yinan left, he hated venture capital even more thoroughly.
Boss Ren thought about it for nearly 5 minutes before he said: "Actually, I am more inclined to borrow money from you, because I don't know if this company can survive. If you invest [-] million, if nothing happens, Everyone is having a hard time.
But if I borrow 1 million from you, even if the company goes bankrupt, I will find a way to pay you back the 000 million. "
After saying these words, he could even predict that the other party's face would be unhappy.
But Su Chen was not surprised, he knew Boss Ren too well.
Not to mention 1%, it is estimated that 0.5% of the boss will not take it out.
Boss Ren has never been a big horse. He has maintained a high degree of vigilance against outside venture capital for decades.
Su Chen smiled, "I heard you once said that if someone can attract a loan of 1000 million yuan to Huawei, then this person will not have to go to work for a year, and his salary will be paid as usual."
"It is true that I have said so." Boss Ren nodded and admitted.
Su Chen nodded, "In this case, I will grant you a loan of [-] million yuan, and the calculation will be based on the minimum interest."
"[-] million loan?" Boss Ren couldn't believe his ears.
"Yes, it is indeed a loan of [-] million, and I will find a way to help you get the employee's account." Su Chen continued, "It happens that our Minsheng Bank has a loan policy for domestic start-up companies.
For companies with research and development capabilities and high levels of innovation, there are support loans and unsecured loans, but if the loans are not repaid within the time limit, we will buy the company. "
Boss Ren felt very confused, but he had never found Minsheng Bank before, because he thought it was a foreign bank.
Su Chen explained, "A loan of [-] million yuan is believed to enable your company to survive this cold winter, and I think your company will be able to pay off the loan soon."
"This..." Boss Ren didn't know how to describe his mood.
Su Chen stood up, "It's already afternoon, and there are only a few hours before the bank closes. Why don't we go there early to settle the matter, so we can sleep well at night."
Neither is Boss Ren nodding, nor shaking his head.
He simply put his mind to one side, he didn't intend to borrow 1 million, as long as he borrowed 000 million, he could get through the current difficulties.
So follow out.
Su Chen took him straight to Minsheng Bank by car.
Boss Ren asked, "Why did Director Su think of investing in our company? There should be quite a few companies in Shenzhen that can invest, such as ZTE."
For this question, he especially wanted to know, because this question had already made him feel stuck in his throat, and he couldn't spit it out.
"Any company that has the ability to maintain the R&D level is our investment standard. You are not the first or the last." Su Chen said, "I heard that Boss Ren visited the United States last year, right? "
"Yes, I went abroad for a visit last year." Boss Ren said with a smile, "To tell you the truth, I fell ill as soon as I went abroad, and I started to vomit at the Hong Kong airport. In addition, I was jet lagged for more than 20 hours, and I was tossing all the way to the middle of the United States. City Dallas."
"Then which companies have you been to?"
"I have been to Boston, visited a CP company that specializes in the production of power supplies, stayed in CP for a little more than a day and a half, and visited MIT and Harvard University."
"Harvard University, the university I graduated from a few years ago." Su Chen said with a smile, "As for the CP company you mentioned, it is my company."
"That's why I have to admire you, Director Su. After we arrived at Harvard, we saw the legend you left behind." Boss Ren also smiled heartily, "And I also know that you have won the title of an oriental wizard.
Later, the headquarters of Texas Instruments was located. As soon as I arrived, I said we wanted to visit the factory, but their Asia-Pacific manager told us that there was no factory here, and the factories were scattered in more than 100 places around the world to package integrated circuits. "
"The factories of Texas Instruments are distributed all over the world, because the local labor force is large and low." Su Chen nodded.
Boss Ren continued to talk about his trip to the United States: "Then we went to Silicon Valley. I felt the deepest in Silicon Valley, as if every pulse was oscillating, but the personal quality of our employees is no worse than that of American companies."
"Silicon Valley is the most expensive place in the United States no matter what, so many companies put their R&D centers there, and then shoot their factories all over the world."
Su Chen said, "If you have the conditions, you can buy a house there, set up your own wholly-owned company, and then put the results of scientific research and semi-finished products there to optimize the design, and then move them back to China for production."
"I heard that you are developing new computer operating systems and chips, and you probably have your own R&D center in Silicon Valley." Boss Ren asked.
Su Chen nodded: "Yes, we do have our own R&D centers in Silicon Valley, and we also have our own R&D centers in major universities in the United States."
Boss Ren was convinced, as the saying goes, it's better to be surprised than not to know.
Soon, the car arrived at the gate of Minsheng Bank.
As soon as he got off the bus, Liu Bingqiu, the head of the bank, was already waiting here.
After a brief greeting, Su Chen said, "This is Boss Ren. You can arrange a loan of [-] million yuan."
"Good chairman." Liu Bingqiu nodded.
Then he took Boss Ren to the VIP room. Although Boss Ren was short of money, he didn't just accept the olive branch that anyone extended.
However, Boss Ren still only hopes to borrow 1000 million. Su Chen said that our minimum loan is [-] million, and I believe you can afford it.
Boss Ren was very disturbed. How could this loan be bought and sold by force?
Seriously, after studying the loan agreement over and over again, I called someone to confirm that there were no traps before signing.
This loan is an unsecured loan with a repayment period of ten years, and the company's assets will be assessed year by year, just like the loan arranged by Eaton to Su Chen.
A loan of [-] million yuan may be difficult for other banks, but Minsheng Bank has a huge cash flow, and the chairman personally arranges it, so there is no such process as visiting the company's fixed assets.
Pay directly in less than an hour.
Ask Boss Ren to open a public account with Minsheng Bank.
When he saw the [-] million in his account, he felt like his heart was beating like an aero engine.
And it feels like I'm dreaming.
"Su Dong, we will pay back this [-] million as soon as possible." Boss Ren said, "Thank you for your help, why don't we have a meal together."
Even if the money is borrowed.
But it can also overcome the current difficulties. Even if this research and development fails, as long as it saves a small province, it can still pay back the money.
Su Chen didn't refuse, and they went out to have a simple meal, and then parted ways.
Boss Ren brought people back to the company.
As soon as he entered the door, Ah Bao and Zheng Baoyong greeted him, "I heard you went out to make money?"
(End of this chapter)
Just as the boss, I really don't want to accept investment.
Because in the first few years before the establishment of Huawei, no dividends were paid to the partners, and the five shareholders wanted to pay dividends. He felt that the revolution had not yet succeeded, and it was not time to pay dividends.
If the shareholders disagree, he can only buy back all the shares.
Another point is that last year, ZTE had sales of nearly 2000 million yuan and a profit of more than [-] million yuan. However, equity dividends and other factors intensified conflicts among shareholders, and conflicts among shareholders directly pushed ZTE to the brink of life and death.
Boss Hou of ZTE was forced to bring people out to do it alone.
This made Boss Ren extremely vigilant.
Now Huawei is too poor to pay wages.
If there is no way, the money owed to the employees will be exchanged for shares, and at the same time, the employees will be asked to pay for the shares of the company, and let the employees invest in the company.
In other words, most of Huawei's equity is now in the hands of employees. Even if Su Chen wants to take 1%, he will redistribute the equity.
In a sense, Huawei is the testing ground for Mr. Ren's management thinking.
As a soldier, he especially likes to talk about the Battle of Shangganling: the U.S. military used computer simulations and deduced that they could win the position within a day, but the results later surprised the U.S. military.
The reason is that computers can only simulate routine things, and it is impossible to simulate that someone will block the machine gun hole, and someone will remain motionless when they are on fire. This is the power of the spirit.
Boss Ren believes that the core value of an enterprise is "Shanggan Ling". "Shanggan Ling" may not be able to directly produce "grain", but once the enterprise loses "Shanggan Ling", it will never produce "grain".
The military style is like this. Once a gap appears on the battlefield, it will be filled with firepower immediately. If you have to wait for a group of people who don't even have battlefield experience to discuss and quarrel, I'm afraid it will be cold.
This is quite similar to Su Chen's management style.
Because he also doesn't like to argue with a large group of shareholders.
Boss Ren is particularly entangled, because it is really a critical moment for Huawei, and even he doesn't know whether the company can survive.
But the other party made a big deal, [-] million directly at the first opening, and it could also solve the employee's household registration problem.
But he would rather sell assets, sleep on the floor, and raise funds from employees than accept venture capital.
This kind of character is closely related to his later willingness to sell his iron to save his life.
When Li Yinan left, he hated venture capital even more thoroughly.
Boss Ren thought about it for nearly 5 minutes before he said: "Actually, I am more inclined to borrow money from you, because I don't know if this company can survive. If you invest [-] million, if nothing happens, Everyone is having a hard time.
But if I borrow 1 million from you, even if the company goes bankrupt, I will find a way to pay you back the 000 million. "
After saying these words, he could even predict that the other party's face would be unhappy.
But Su Chen was not surprised, he knew Boss Ren too well.
Not to mention 1%, it is estimated that 0.5% of the boss will not take it out.
Boss Ren has never been a big horse. He has maintained a high degree of vigilance against outside venture capital for decades.
Su Chen smiled, "I heard you once said that if someone can attract a loan of 1000 million yuan to Huawei, then this person will not have to go to work for a year, and his salary will be paid as usual."
"It is true that I have said so." Boss Ren nodded and admitted.
Su Chen nodded, "In this case, I will grant you a loan of [-] million yuan, and the calculation will be based on the minimum interest."
"[-] million loan?" Boss Ren couldn't believe his ears.
"Yes, it is indeed a loan of [-] million, and I will find a way to help you get the employee's account." Su Chen continued, "It happens that our Minsheng Bank has a loan policy for domestic start-up companies.
For companies with research and development capabilities and high levels of innovation, there are support loans and unsecured loans, but if the loans are not repaid within the time limit, we will buy the company. "
Boss Ren felt very confused, but he had never found Minsheng Bank before, because he thought it was a foreign bank.
Su Chen explained, "A loan of [-] million yuan is believed to enable your company to survive this cold winter, and I think your company will be able to pay off the loan soon."
"This..." Boss Ren didn't know how to describe his mood.
Su Chen stood up, "It's already afternoon, and there are only a few hours before the bank closes. Why don't we go there early to settle the matter, so we can sleep well at night."
Neither is Boss Ren nodding, nor shaking his head.
He simply put his mind to one side, he didn't intend to borrow 1 million, as long as he borrowed 000 million, he could get through the current difficulties.
So follow out.
Su Chen took him straight to Minsheng Bank by car.
Boss Ren asked, "Why did Director Su think of investing in our company? There should be quite a few companies in Shenzhen that can invest, such as ZTE."
For this question, he especially wanted to know, because this question had already made him feel stuck in his throat, and he couldn't spit it out.
"Any company that has the ability to maintain the R&D level is our investment standard. You are not the first or the last." Su Chen said, "I heard that Boss Ren visited the United States last year, right? "
"Yes, I went abroad for a visit last year." Boss Ren said with a smile, "To tell you the truth, I fell ill as soon as I went abroad, and I started to vomit at the Hong Kong airport. In addition, I was jet lagged for more than 20 hours, and I was tossing all the way to the middle of the United States. City Dallas."
"Then which companies have you been to?"
"I have been to Boston, visited a CP company that specializes in the production of power supplies, stayed in CP for a little more than a day and a half, and visited MIT and Harvard University."
"Harvard University, the university I graduated from a few years ago." Su Chen said with a smile, "As for the CP company you mentioned, it is my company."
"That's why I have to admire you, Director Su. After we arrived at Harvard, we saw the legend you left behind." Boss Ren also smiled heartily, "And I also know that you have won the title of an oriental wizard.
Later, the headquarters of Texas Instruments was located. As soon as I arrived, I said we wanted to visit the factory, but their Asia-Pacific manager told us that there was no factory here, and the factories were scattered in more than 100 places around the world to package integrated circuits. "
"The factories of Texas Instruments are distributed all over the world, because the local labor force is large and low." Su Chen nodded.
Boss Ren continued to talk about his trip to the United States: "Then we went to Silicon Valley. I felt the deepest in Silicon Valley, as if every pulse was oscillating, but the personal quality of our employees is no worse than that of American companies."
"Silicon Valley is the most expensive place in the United States no matter what, so many companies put their R&D centers there, and then shoot their factories all over the world."
Su Chen said, "If you have the conditions, you can buy a house there, set up your own wholly-owned company, and then put the results of scientific research and semi-finished products there to optimize the design, and then move them back to China for production."
"I heard that you are developing new computer operating systems and chips, and you probably have your own R&D center in Silicon Valley." Boss Ren asked.
Su Chen nodded: "Yes, we do have our own R&D centers in Silicon Valley, and we also have our own R&D centers in major universities in the United States."
Boss Ren was convinced, as the saying goes, it's better to be surprised than not to know.
Soon, the car arrived at the gate of Minsheng Bank.
As soon as he got off the bus, Liu Bingqiu, the head of the bank, was already waiting here.
After a brief greeting, Su Chen said, "This is Boss Ren. You can arrange a loan of [-] million yuan."
"Good chairman." Liu Bingqiu nodded.
Then he took Boss Ren to the VIP room. Although Boss Ren was short of money, he didn't just accept the olive branch that anyone extended.
However, Boss Ren still only hopes to borrow 1000 million. Su Chen said that our minimum loan is [-] million, and I believe you can afford it.
Boss Ren was very disturbed. How could this loan be bought and sold by force?
Seriously, after studying the loan agreement over and over again, I called someone to confirm that there were no traps before signing.
This loan is an unsecured loan with a repayment period of ten years, and the company's assets will be assessed year by year, just like the loan arranged by Eaton to Su Chen.
A loan of [-] million yuan may be difficult for other banks, but Minsheng Bank has a huge cash flow, and the chairman personally arranges it, so there is no such process as visiting the company's fixed assets.
Pay directly in less than an hour.
Ask Boss Ren to open a public account with Minsheng Bank.
When he saw the [-] million in his account, he felt like his heart was beating like an aero engine.
And it feels like I'm dreaming.
"Su Dong, we will pay back this [-] million as soon as possible." Boss Ren said, "Thank you for your help, why don't we have a meal together."
Even if the money is borrowed.
But it can also overcome the current difficulties. Even if this research and development fails, as long as it saves a small province, it can still pay back the money.
Su Chen didn't refuse, and they went out to have a simple meal, and then parted ways.
Boss Ren brought people back to the company.
As soon as he entered the door, Ah Bao and Zheng Baoyong greeted him, "I heard you went out to make money?"
(End of this chapter)
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