my return to life

This day is probably the earliest time Frontier Company opened its doors.

After 8 o'clock, except for Fang Nian who was in class, even Liu Xi arrived.

During the waiting process, everyone was not completely idle.

It's time to be busy.

Except for Guan Qiuhe, everyone was more or less distracted.

after all……

30 billion RMB.

This is a number that Dangkang couldn't come up with in one go.

At a quarter past nine, Fang Nian wandered into the office with his schoolbag in his arms.

After crossing the screen, Fang Nian smiled and said, "Liu Xi, check the account, Xiongchang has already paid."

"Meeting in 5 minutes."

"Discuss how to spend the 30 billion."

"hurry up."

As he said that, Fang Nian threw his schoolbag on his desk and went over to join in the fun.

Liu Xi opened Frontier Angel's company account online banking page on the office computer.

It shows...

3, 049, 223, 900.00 yuan.

Fortunately, it is not a string of zeros, otherwise the display will be separated by 3 digits, and it will take a long time just to count zeros!

Originally, frontier angels had always had tens of millions in their accounts.

In the past two months, I have spent a lot of investment back and forth.

The rest of the time it has not moved.

Looking at the long list of numbers, Fang Nian had a sudden thought: "Can we ask the bank to open a vault with one billion cash for us to visit?"

"Mr. Fang can try." Guan Qiuhe teased.

Strictly speaking, this amount still requires various tax returns. If the maximum amount is reported, Fang Nian will distribute the full amount of dividends as a shareholder.

probably...

It looks like it can get 12 billion, that is to say, if Fang Nian really wants to be willful and serious, he can see 10 billion in cash lying in the bank vault no matter what.

but……

Because of the existence of the frontier, the tax amount on this amount will be greatly reduced.

after all……

Frontier Innovation has already spent nearly $30 billion on aid spending programs for the education sector alone.

Not to mention the aid investment in the education industry in advance of frontier projects and frontier entrepreneurship.

Large-scale financial problems don't even need Liu Xi to deal with. The Big Four accounting firms took the frontier money.

In a word...

Fang Nian only cares about spending money, and some people worry about accounting and tax issues.

At least……

Calculated according to the current investment rate, Frontier may lose billions in 2010.

Although it is still unavoidable to pay taxes, the tax amount will not be too high. According to the division of industries, it should be below 8%.

For example, Dangkang's other tax rates other than income tax are only 7 percent.

Dangkang's income tax can be reduced by 10% next year-the application for high-tech enterprises has been completed.

…………

Later, in the conference room, seven people sat down separately to hold a meeting.

As always, without exchanging pleasantries, Fang Nian went straight to business.

"The first thing is how to allocate the 30 billion funds. Liu Xi, please talk about the necessary expenditures for this year."

Liu Xifei quickly reported: "Yangcheng and Harbin Institute of Technology have a total of 2 million necessary expenditures this month;

Before December 12, Frontier Entrepreneurship needs to transfer the remaining 31 million to the private equity fund of Fudan Science and Technology Park;

Baize Laboratory needs to spend 2 million yuan this month;

The necessary expenditure accounting for frontier projects this year is about 2.5 million;

Frontier Entrepreneurship's necessary expenditure budget for this year is about 1.2 million;

If there is no accident, the Beijing Frontier Institute will also implement it within this year, with an expenditure of 1 million;

Expenditures for frontier innovation in Luzhou are calculated separately. "

After Liu Xi finished speaking, everyone had the same thought: "Oh, 12.2 billion is gone." '

"I remember that there are still some loans that are about to expire?" Fang Nian said again.

Liu Xi replied: "There will be two transactions in the first half of next year."

"There is still a little over 18 billion left. My idea is to reserve about 2 million in frontier angel accounts, and there may be some investment in the near future."

Fang Nian pondered.

"Luzhou cutting-edge innovation first spends 5 million to build an office building at one time."

"The rest will not be moved for the time being. After I have been busy for a while, I will sort it out and talk about it."

Everyone has no opinion.

Of the 30 billion funds, 20 billion were allocated in one go.

That is to start.

leftover……

Earn it slowly.

After the fund allocation discussion was completed, Fang Nian did not hesitate, and said directly: "The second thing is, I decided to adjust the frontier project company."

"I've been thinking about this for days."

"A total of 13 academic research projects invested in before have submitted results or intellectual property rights, among which there are results adapted to cutting-edge innovation.

Secondly, I think the name Frontier Project cannot summarize the business scope. My personal idea is to change the name to:

Frontier Academic Investment Consulting Co., Ltd. "

"I even want to completely spin off the campus club business and merge it into cutting-edge entrepreneurship."

Having said that, Fang Nian paused for a while: "Of course, the business of cutting-edge entrepreneurship will also be sorted out and adjusted."

Guan Qiuhe thought for a while, and said: "That is to say, the business of frontier projects will be more simple and clear in the future;

Responsible for two aspects: investment management of academic research projects, sales and transfer of achievements and intellectual property rights? "

"Correct."

Fang Nian nodded.

"In the future, I will adjust the business scope of the frontier department one by one to better form an internal ecological closed loop, and even the frontier angels may go out independently."

Lu Weiyu thought about it for a while, then nodded in agreement.

The same goes for Wu Fucheng.

Even though Fang Nian specifically named him.

In fact, so far, almost no one can share with Fang Nian about the company's development strategy, let alone share his worries.

Such an adjustment of the business of frontier projects has made it much clearer, and it will also allow the CEO to understand better what to do.

After discussion, I will apply for a name change today.

The frontier project disappeared and was replaced by Frontier Academic Investment Consulting Co., Ltd., referred to as Frontier Academic.

Then, Fang Nian continued.

"The third thing is internal staff rotation and staff recruitment..."

======

There are finally two updates.

Chapter 573 Please Give Necessary Support! (Thanks to the leader of 'Mengxi Fleeting Year')

Staff rotation and staff recruitment are the focus of this meeting.

It can be compared with 'how to spend 30 billion'.

Preparations began as early as the beginning of last month, and in the middle and late ten days, Lu Weiyu took the lead in processing.

Later, Wen Ye, Gu Yu and even Guan Qiuhe joined in.

Especially in the past few days, Lu Weiyu and others have been working overtime on this matter, even on weekends.

On the contrary, when everyone was so busy this weekend, Fang Nian went to Wuxi to be abused again.

Seeing everyone looking over, Fang Nian looked at Wen Ye: "Wen Mi, tell me the specific situation."

Wen Ye reported unhurriedly.

"Except Frontier and Nuwa Lab, the Frontier Department has a total of 291 employees, including the official administrative staff of the Frontier Internship Department;

After the periodic work summary report and assessment analysis, some employees performed outstandingly..."

"..."

"Among them, when it comes to the company's management, the frontier entrepreneurial CEO's performance is not good, and he is not qualified for high-level management positions..."

What can be said at the meeting is the management.

Fortunately, there are not many management positions in the three companies at present, and even if they go down to the departmental management positions, there are only a dozen or so people.

of course……

This is also the essential factor of the lack of people at the frontier.

After Wen Ye finished reporting, Fang Nian sighed and said, "Actually, the CEOs of the two companies should have been invited to participate this time."

"Isn't the CEO of the original frontier project too?" Guan Qiuhe frowned.

"Speaking of which, I am more optimistic about him. He performed well in Dangkang before, and the impression he left was not bad."

Fang Nian said calmly: "I met this person last week for an inspection. He is qualified to be an executive, but the CEO almost feels like it;

In September, two funds were established. In fact, the original frontier project has become a large enterprise with assets of nearly 9 billion;

The current office efficiency is not satisfactory, which is related to the ability of the CEO;

From my observation, he is not capable enough to run a multi-billion enterprise, and his internal management is relatively chaotic;

If you can't bring out the functions of the fund well, the basic market is determined by Wen Mi with you. "

Guan Qiuhe nodded repeatedly.

She didn't want to recommend this CEO from Dangkang, but to discuss the facts.

Simply put, it comes from comparison.

Compared with cutting-edge entrepreneurship, the overall performance of cutting-edge projects can be regarded as remarkable.

But what Fang Nian said is also reasonable. The remarkable point of frontier projects is based on a considerable amount of work in the early stage.

Among them, she, Guan Qiuhe, also helped a lot.

The credit cannot be simply assigned to the CEO.

Discussions followed for more than half an hour.