Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 790 Chen Mo's All in! (Part 1)
The capital market reacted quickly to the appointment and change of the CEO of Biyuan. Although Biyuan is not listed, the stock prices of its affiliated companies such as Xiaomi, JD.com and SF Express rose accordingly. Even the newly listed "Dache Chuxing" saw a 3% increase as a result.

Some media outlets have also analyzed that, “This appears to be a large-scale ‘delegation’ by Chen Mo in the management and operation of the group. This appointment shows Chen Mo’s great trust in the new CEO, which will undoubtedly enhance the strength of the company in the field of artificial intelligence and its international vision.”

Moreover, Beyond has accumulated years of experience in artificial intelligence, and its capabilities in speech recognition, machine learning, recommendation algorithms, natural language recognition, and user profiling are all industry-leading.

With the recent comprehensive and in-depth cooperation between Beyond and Baidu, Beyond's future is full of infinite possibilities.
The only pity is that Beyond is not listed. Even so, the strong performance of its ride-hailing service after its listing and the high valuation of Ele.me's financing are largely due to Beyond's influence. This influence is the same as Chen Mo's.

Even the fact that LeEco received 150 billion yuan in investment yesterday might have been related to Jia Yueting's meeting with Chen Mo.

Some media outlets have boldly speculated that Lu Qi's annual salary may be as high as 100 million yuan.

This speculation is not unfounded – previous reports have revealed that the annual salary of Zhou Shouzi, CEO of Beyond International, has exceeded 100 million yuan, directly crushing the salary levels of real estate industry tycoons, which are generally in the hundreds of millions or tens of millions, making him a veritable "King of Wage Earners".

However, for these people at the top of the business pyramid, a fixed salary may just be icing on the cake; the real secret to wealth lies in equity incentives and investment returns.

But the exact amount can only become a topic of envious conversation among people during their leisure time.

At this moment, the two most popular figures in China's internet circle are chatting.

"Doctor, what's your opinion on this collaboration between LeEco and Sunac?"

"Doctor" is how Chen Mo addresses his favorite subordinate, Lu Qi. People with technical backgrounds generally don't like being addressed by their job title, but rather by their technical title, such as "Engineer" or "Doctor".

As for Lu Qi's compensation, it is actually similar to that at Microsoft, and he was given tiered equity incentive dividends, which is about the same as Zhou Shouzi's overall compensation.

For both Zhou Shouzi and Lu Qi, while salary is important, it is not the most important thing. What matters is the excitement brought by the challenges at work and the sense of accomplishment and satisfaction from overcoming difficulties.

Although LeEco wasn't directly involved with the group, it was still a hot topic in the domestic internet industry recently, and Lu Qi was somewhat familiar with it. After thinking for a moment, he shared his opinion.
"Sunac's investment in LeEco is less of a 'strategic investment' and more of a move to seek long-term, substantial returns while also aiming to establish a presence in new sectors over the next decade."

According to previous media reports, although Sunac and LeEco belong to two different industries, they have a certain degree of 'understanding' in terms of positioning in creating family consumption content and customer groups.

Through this collaboration, the two parties may engage in in-depth cooperation in their respective areas of strength and resources in the future, including smart hardware, smart home, smart community, real estate, and internet ecosystem.

Moreover, judging from the sectors in which Sunac has invested, the much-criticized "money-burning" automobile industry is not included in the investment scope.

LeEco.com, LeEco Pictures, and LeEco Smart are all 'advantageous' sectors that are likely to continue generating profits in the future, which may also be important sectors for the 'LeEco ecosystem' to continue to generate revenue in the future.

Sunac's investment here also has a very high return expectation.

Commercial investment is based on mutual benefit, and Sun Hongbin and Jia Yueting's status as "Shanxi merchants" brought them closer together.

Sun Hongbin may seem carefree and wealthy, but a closer analysis reveals a certain strategy behind his actions.

However, there's something strange about this. Real estate is currently incredibly profitable, and Sunac's style has always been bold and decisive. This time, however, they've chosen a long-term approach. Although there's not much more information to support this, I have a feeling that something unusual is going on.

"No, that's impossible. Okay, you go ahead and do your work. By the way, although finances aren't your responsibility, I told Wu Dan that you can take full charge of projects under 10 billion. Just keep me informed."

Chen Mo made this arrangement because if he was going to delegate authority, he should delegate it to the fullest extent within his acceptable range; otherwise, doing half and leaving half would be worse than not doing anything at all.

Just like when Alibaba's president, Zhang Yong, was in charge, he couldn't make decisions on matters worth hundreds of millions of yuan and had to knock on Jack Ma's office door. Lu Qi understood very well what this meant, thinking about the promises this person had made at the American hospital, which were now being fulfilled one by one.

The boss treats me like a national hero, and I will repay him in kind. He clenched his fist slightly, said nothing, and simply nodded.

"Moss, I'm going to get busy!"

"it is good!"

After Lu Qi left the office, Chen Mo breathed a sigh of relief, finally able to legitimately "slack off".

Over the past six months, he has gone to great lengths to ensure that Lu Qi can take over smoothly.

First, we had in-depth communication with each of the core senior management team members of the other side—Sun Ziwei, Chen Tong, Xu Chaojun, Zhang Xiaolong, Zhou Shouzi, Wang Jian, Xu Peixin, Wu Dan, and others.

After all, with a CEO suddenly parachuted into the ranks of these high-ranking officials, even with Lu Qi's extensive experience, it's hard to guarantee that some people won't harbor resentment.

To this end, Chen Mo specially arranged for Lu Qi to first enter the "Tianji Pavilion" for training, so that he could fully understand the group's operating mechanism, corporate culture and business structure. In the latter half, Lu Qi was basically allowed to communicate with the heads of these business lines, and he played more of an observer role.

This allowed Lu Qi to complete his transformation from a "paratrooper" to a "person from the other side".

He had initially worried that Lu Qi wouldn't adapt well, but as it turned out, Chen Mo's worries were unnecessary.

Top professional managers like Lu Qi are like "chameleons" in the business world; no matter how complex the organizational environment, they can quickly adapt and exert their superior leadership.

What's even more remarkable is that he can not only quickly grasp the current situation, but also propose innovative solutions based on his own experience.

It is worth noting that although Lu Qi was officially appointed as the group's CEO, his status as a member of the "Tianji Pavilion" was not revoked.

It is important to note that the "Tianji Pavilion" on the other side is fundamentally different from Tencent's president's office, Alibaba's partnership system, and Baidu's eStaff.

The latter three are the highest decision-making bodies of their respective companies, and their members are mostly heads of various business lines; while "Tianjige" is more like a think tank, mainly undertaking strategic consulting and decision-making support functions.

Before Lu Qi took office, Chen Mo had to directly report to more than a dozen business line leaders.

Even with highly refined processes, the number of decisions required each day remains enormous.

Now that the management structure has been optimized, Chen Mo only needs to listen to reports from two core executives, Lu Qi (domestic) and Zhou Shouzi (international), forming a stable "iron triangle" governance structure.

According to the announcement, Chen Mo's work focus will shift from practical matters to theoretical strategic thinking.

This transformation not only signifies a change in job content but also represents an innovation in work methods, shifting from passive response to proactive planning, examining key business operations from a more macro perspective, and truly achieving "focusing on the big picture and letting go of the small details."

After this careful planning, Chen Mo was finally able to free up his hands to do what he really wanted to do.

The so-called richest man, the so-called killing of Jack Ma, the so-called united front against external forces—these are all just processes and methods.

His true ideal is to let the "other shore model" take root and flourish in China, and eventually achieve a "springtime of beauty".
(End of this chapter)