my return to life

In the last ten days of 2011, Xiaomi won prizes as a company unit, and Lei Jun himself was no exception.

All kinds of titles were crowned on Mr. Lei's head.

"..."

Another thing is that the prime location of Lujiazui, which attracted a small audience in a small area, started the demolition of several not-so-high company factories.

Anyway...

In the days when we are about to bid farewell to 2011, everyone is very busy.

For example, student Fang Nian hardly hears anything outside the window, and spends a week taking exams...

…………

…………

On the 31st, Saturday, the last day of 2011, according to the arrangement of the State Council, I was notified that I need to go to work on this day.

He insisted on delaying the holiday until New Year's Day.

This saves the arrangement of extra overtime in the front office.

According to the usual practice, all employees of the Frontier Department and the Dangkang Department only need to work until noon on this day, and then they will have a normal holiday.

It is inevitable that someone will need to be on duty.

In the afternoon, Fang Nian strolled into the front office.

There was a little excitement in the office.

It is one of the few days in the whole year where there are some festive colors on purpose.

Fang Nian glanced at him, and said as he walked, "Oh Huo, it's too late, it's too late."

"Mr. Fang has always been on the right time, it's not too late." Wen Ye really got offended.

"..."

After taking his seat at his desk, Fang Nian looked at the table and several people: "Okay, Mi Wen, I'll report the situation in 2011 directly from you."

While talking, Fang Nian added another sentence: "This year, we won't talk about being a Kang department."

Hearing this, Wen Ye nodded, not too surprised, cleared his throat, opened the folder, and started the comprehensive annual report.

"As of today, the total number of employees in the company is: 17639, including the employees of each internship department."

"The company's annual operating income is: 159.71 billion yuan, excluding the income of the two overseas branches of Frontier Angel Investment, Frontier Angel Global, and Chin Group."

"..."

Chin Group is the behind-the-scenes parent company of seven capital institutions on Wall Street, including Bit Research.

In order to minimize the connection between domestic frontiers and overseas branches, the general ledger is not consolidated.

With Fang Nian's prudence, of course he himself made a comprehensive report of the existence of these two branches to the relevant competent authorities.

As far as Fang Nian knew, this report was finally put on Ping's desk.

The reason why Fang Nian did this is very simple: to show the cutting-edge elements.

This thing is easy to make a fuss about, especially at the current time node.

If someone makes a crooked claim that Frontier is going to transfer assets overseas, it will be too late to report.

Fang Nian knew too well how much money Frontier had taken from banks and local governments.

Probably that is almost to 400 billion yuan.

Among them, 10 billion U.S. dollars of clear accounts were directly held in Chin Group's offshore accounts, and finally passed on to domestic frontier angels for repayment.

As for the dividend income of cutting-edge angel investment, it is not that it is not consolidated, but it is not settled, and there is no source of accounts.

After all, even the Dangkang department couldn't complete the account closing today...

Wen Ye reported in an orderly manner.

"The annual comprehensive R&D investment is: 337 billion yuan."

"..."

"Total expenditure for the whole year: 515.18 billion yuan."

"..."

Those numbers didn't take everyone's breath away.

Although it is a bit unbelievable compared to the size of the frontier, everyone still knows how to get through this year.

Besides, although Wen Ye was reporting, the data actually came from Liu Xi's hands, so there was no doubt about it.

Although Liu Xi is now a CFO, she still has the best accounting skills, no matter if it is a large account or an account as small as a few cents, she will never fail to close it.

After the summary report of the first stage was completed, Wen Ye made a simple summary: "This is the annual summary on paper;

In total, there is a financial deficit of more than 355 billion. "

It was a little quiet in the office.

Bai Congee thought for a long time, and finally said seriously: "Mr. Fang, the proportion of the company's R&D investment far exceeds the general risk line. Do we need to make appropriate adjustments within a certain range and explore the feasibility?"

Hearing this, Fang Nian smiled slightly: "Boss Bai raised this question well. Excessive R&D investment is indeed very detrimental to the company's development, but..."

Fang Nian changed the topic: "Now is not the time to explore how to reduce R&D investment, we can only bite the bullet."

"I agree." Wu Fucheng stated clearly, "The current external development environment is very unfavorable to the company. Once it quits, it will inevitably suffer a catastrophe."

Porridge: "I..."

Fang Nian raised his hand, interrupted the porridge, and said with a smile, "No need to explain, everyone understands what you mean;

No matter what, a qualified group needs anyone to keep vigilant and raise a warning. "

Bai Congee also smiled and didn't say any more.

"..."

He was really just a cautionary reminder.

The reason why Wu Fucheng was able to answer the conversation was to 'excuse' the white porridge.

In fact, Fang Nian had already seen this huge risk.

As early as stirring up the world through frontier angels, Mr. Fang was half a capitalist.

I understand too well that there is no linear relationship between R&D investment and revenue.

In the eyes of capital, the most high-quality holding assets are actually Coca-Cola and other companies with a formula that can last forever and have little R&D investment.

For example, when the boss of Wahaha talked about the cost of Wahaha plastics and transportation in front of the media, the boss of Fuyao Cao pointed out that making water is huge profits.

This type of enterprise has a feather cost.

Anyway, how should I put it, the two most important groups in Fangnian at present, the Dangkang Department and the Frontier Department, compared the two, the Dangkang Department is simply a perfect cash cow.

It is Fangnian's most outstanding commercial asset work that integrates capital, trends of the times, future development and other content development.

On the other hand, the cutting-edge department, just saying that the proportion of R&D investment is too high, will be far inferior to the money made by Tangkang games for a long time.

Even some businesses in the frontier department have considerable profit margins.

But that is also temporary and unstable.

If technology-based companies such as Microsoft and Apple that invest heavily in R&D are only 18 months away from bankruptcy, then Frontier has been only 6 months away from bankruptcy for a long time.

And Dangkang Games is far away from bankruptcy, as long as human beings still play games, there will be a place for Dangkang Games.

It’s not that Dangkang games have no research and development investment, but that Dangkang games are a platform. So far, the proportion of self-developed games is completely insignificant in the massive game library on the platform.

In terms of the revenue composition of Dangkang Games, games in the form of third parties and agents account for 95% or more.

In addition, the most outstanding place also includes strategic investment in two independent companies, Bifang Cloud Computing and Chongming Bird Security, to solve important businesses such as platform server resource idle scheduling and network security.

Although Dangkang Games has ①, ②, and ③ R&D centers, the actual proportion of R&D investment is really insignificant.

Even the largest investment item of these three centers named research and development is the data center part.

"..."

Wen Ye did not participate in this simple discussion.

After several people finished speaking, Wen Ye continued to report in a calm manner.

-

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PS: My neck is still uncomfortable today, so I will write a chapter first~

Chapter 794 Looking back and looking forward;

"With the development of the past year, the 15 first-level departments of the frontier company have entered the right track of development, and have sufficient capabilities to handle the work of the group's internal audit and process;

After the reorganization, the development of frontier ecology is gradually on the right track. The frontier community has been fully expanded and implemented. Maker Street has incubated 21 small and micro enterprises, which operate in a shared office mode;

Frontier Academy has completed the required amount of funding for university research projects as required, and with the help of Frontier Ecology, it has gradually begun to authorize intellectual property rights to achieve output;

The cutting-edge science is developing well, and the work of concurrently managing the laboratory is in place. "

The frontier angels in the subsidiaries are an exception, because the frontier angels actually have no employees, at most they are representatives from the frontier office.

Whether the development is good or not depends entirely on whether Fang Nian is lazy or not.

Not to mention Wen Ye, even Guan Qiuhe, who had always been tough on Fang Nian, dared not say such things on this occasion.

because……

It's not a big deal to tie a piece here.

After listening to Wen Ye's report, Fang Nian interrupted with a smile: "It's obvious that Mr. Wen favored Mr. Lu in the end."

Wen Ye's eyelids rolled, as if dodging: "I..."

Seeing this, Fang Nian smiled: "It's useless, I have my own standards for Mr. Lu's job evaluation, and what you say will not affect my arrangement for Mr. Lu."

As soon as the words fell, Gu Yu immediately smacked his lips: "Hey! Is this called flattering on a horse's hoof? You have learned a lot."

Fang Nian: "..."

A few people couldn't hold back the smiles on their faces.

The office was suddenly filled with cheerful air.

To be honest, no matter how fair it is, Lu Weiyu will enjoy certain convenience and care because of her status.

But in business matters, Fang Nian was always really fair to Lu.

Tool man's work.

Except for Liu Xi, Lu Weiyu is really the most hardworking person in the front office.

The scope of work radiation is very wide. In the initial stage, in order to get started with the work faster, everything must be done by hand.

It's better now.

More than half of the credit for the good development of cutting-edge science should indeed be credited to Lu Weiyu.

"..."

After the small episode, Wen Ye continued to make a comprehensive report.

"In terms of the company's infrastructure projects:

The civil work of the Guiyang data center has entered the final stage, and it is expected to be officially accepted and put into use before the middle of March next year;

The third phase of civil engineering work in Luzhou Frontier has entered the construction stage. According to the project plan, it will be accepted before November 11 next year;

The foundation laying work of the company headquarters will be held tomorrow, January 1, when Han and other leaders will come to guide the work. "

"..."

"Frontier Academy: The construction of new courtyards in Shencheng, Yangcheng, and Beijing ① Frontier Academy will be completed before September next year, and teachers and students will officially move in in September;

Hunan, Chu, and Hubei each have plans to build homes in provincial capitals, and they will land in May next year at the latest;