Rebirth 2004: I can make money by writing.

Chapter 432: Equity Incentives

The eighth day of the Lunar New Year,

The afterglow of the Spring Festival has not yet faded, but Future Technology Group is already gearing up to meet the challenges of the new year.

At eight o'clock in the morning, the company's gate was bustling with activity. Tens of thousands of employees arrived one after another, wished each other a happy new year, and then signed in in an orderly manner through facial recognition to receive red envelopes for the start of work.

As per convention, workers who report to work normally today will receive a red envelope of 500 yuan, while non-workers will receive 200 yuan.

This incentive is valid only this morning and will not be used after this time.

This system of red envelopes for returning to work is quite common in many companies and aims to encourage employees to return to work in a timely manner.

Otherwise, it will be difficult to start work normally and the company will suffer greater losses.

After the Spring Festival, many people inevitably feel lazy, especially ordinary workers who have worked hard for a whole year. They often want to rest for a few more days. Some even plan to rest for a month or two and then look for a job again when they are short of money.

However, job opportunities at Future Technology Group are extremely valuable and orders are sufficient. Unless they have important matters to attend to, most employees will return to work as scheduled.

This year, some employees brought their families to spend the Spring Festival directly at the company.

These employees' homes are far away, making it inconvenient to travel by car. Spring Festival tickets are very difficult to buy, and it takes several days to travel back and forth. The company has a two-week holiday, but excluding the travel time, there are not many days left to stay at home. It is better to spend the New Year at the company.

At around 9:30, security personnel began to arrange colorful fireworks and firecrackers in an orderly manner, making final preparations for the upcoming groundbreaking ceremony.

At the same time, in the chairman's office, Hao Qiang was receiving New Year greetings from the group's middle and senior leaders.

"Chairman, Happy New Year! May the Year of the Rabbit bring prosperity to your family and all the best!"

"Happy New Year, to you too!"

He shook hands cordially with each manager and distributed New Year's red envelopes of a uniform amount of 200 yuan.

In previous years, if Hao Qiang failed to arrive at work on time, the New Year's greetings ceremony would be simplified.

Around ten o'clock, Hao Qiang arrived at the main entrance of the group.

The security captain saw that the chairman had also arrived. As the clock struck the hour, he gave an order and the carefully prepared fireworks and firecrackers instantly exploded.

The deafening sound of firecrackers rang out one after another, and colorful fireworks bloomed brilliantly in the blue sky.

The air is filled with a strong festive atmosphere, intertwined with hopes and aspirations for the New Year.

After the fireworks were over, the employees dispersed, returned to their posts, removed the protective film from the equipment, and started the equipment, but it did not work.

Work officially begins in the afternoon shift.

Employees gathered in groups of three or five, their faces filled with festive joy, and conversations were heard one after another. The topics ranged from interesting New Year stories to new things happening in the company. The atmosphere was relaxed and pleasant.

"Have you heard? The company has launched a car-sharing service!" an employee said excitedly, with anticipation glittering in his eyes.

"Yes, I saw it. There are 20 Future ET3s parked in front of Dormitory Building No. 2. I heard that it is to facilitate travel for employees who don't have cars." Another colleague continued with a hint of pride in his tone.

The conversation among the group quickly turned to the specific details of renting a car.

"The rent is actually quite affordable, starting at 35 yuan per half hour, 50 yuan per hour, 280 yuan for half a day, and 450 yuan for a full day. Of course, electricity is charged separately," explained an employee familiar with the matter. "But be careful with it. If you scratch it, you'll have to pay the market price for it."

"This price is very reasonable," someone sighed. "You know, a new car worth 400,000 yuan on the market costs 700 to 800 yuan a day to rent, and there are many tricks in the car rental industry."

"Yes, the company does this mainly to take care of its employees. External personnel cannot use it."

The topic changed, and someone suddenly had an idea: "What if we rent it to run wedding planning?"

"Theoretically, yes, but is it cost-effective?" an older employee said cautiously. "The profit might not even cover a single scratch, and the company's goal is to solve the employee car problem. If many colleagues rent cars for weddings, the company will definitely fill this loophole."

"That's true. Anyway, the company has put in a lot of effort."

In order to enrich the welfare benefits of its employees, Future Technology Group has opened shared cars to its employees.

The rental price is not expensive. The company's charging fee is the normal electricity price, which is more than one cent per kilometer.

The car rental fee is paid separately, and the price per hour is 50 yuan.

But if you take a taxi, the cost is estimated to be no less than 60 yuan. If you travel long distance, the cost will be at least 150 yuan.

At 1:30 in the afternoon, the employees gradually integrated into the rhythm of work.

Hao Qiang also rested for half a month and started his work.

The first thing to do at the beginning of the year is to hold meetings on various projects to put work pressure on subordinates and let employees get into the work rhythm as soon as possible.

Another very important thing is that Renjian Fireworks IPO was listed.

Jiang Ying is in charge of this matter, and Hao Qiang is also considering equity incentives and rewards.

There are many forms of equity incentives, including performance stocks, stock options, virtual stocks, employee buyouts, and free gifts.

Performance shares refer to the company granting a certain number of shares or withdrawing a certain amount of bonus funds to purchase company shares when the incentive target achieves the predetermined goals. They are generally used by professional managers and senior executives.

Stock options allow the recipient to purchase a certain number of the company's outstanding shares at a predetermined price within a specified period. Ultimately, you still have to spend your own money, just at a lower price. If the listed stock price plummets, the loss can be significant. These options are generally used by professional managers and senior executives.

With virtual stocks, the incentive recipients can enjoy a certain amount of dividend rights and stock price appreciation benefits, but they have no ownership, no voting rights, cannot be transferred or sold, and will automatically expire when they leave the company.

On the road to corporate development, the equity incentive model is like a double-edged sword, and its selection and implementation require extreme caution.

The situation faced by Future Technology Group is unique, and the equity incentive plan it adopts must also be different.

There is also a very critical question: where does this equity come from?

Is it Hao Qiang alone, or all shareholders?

If this was Hao Qiang's personal behavior, other shareholders would naturally be happy to see it.

But if it involves all shareholders, other shareholders may not be happy.

It involves complex and intricate interests and cannot be explained in just a few words.

Hao Qiang is not short of money, but that doesn’t mean he can give away shares randomly.

But equity incentives are beneficial to the company and other shareholders also benefit. That is the behavior of all shareholders. It’s just that Hao Qiang pays more than other shareholders.

In the end, he chose a plan that took into account both his personal contribution and the interests of all shareholders. This was a painstaking effort:

1. He personally holds 81% of the shares and gives 1% as a free reward to employees.

At the current valuation, 1% of the shares is equivalent to 3.5 million yuan.

2. He then allocated 1% of his personal shares for stock options, giving mid-level and senior management the opportunity to purchase company stock at a discounted price. This money would go directly into Hao Qiang's personal wallet and would not be considered company funds.

3. Take approximately 3% of the shares from all shareholders as virtual stocks to motivate the entire company to work together.

In the past few years, Hao Qiang has not managed the company's daily life much and has been a hands-off boss. The current performance can be maintained thanks to the great contributions of the company's middle and senior management.

If subordinates are not rewarded, they will probably be disheartened.

In addition, providing stock incentives and rewards can enhance their sense of belonging to the company and closely link their personal interests with the company's development.

Be willing to give and give, only by giving can you gain.

Otherwise, how could they make money for Hao Qiang, after all, he holds the largest number of shares.

For the following period of time, Hao Qiang devoted himself to the development of EBL lithography machines.

Putting the wafer fab into production is no longer a problem. Trial production has already begun, but there is only one device.

The Qinglong 8124 automotive chip is in the functional verification, performance testing and reliability testing stages, and is expected to enter the tape-out stage in May, which is also the preparation before mass production and is already in the subsequent stage.

However, the EBL lithography equipment is still under development and has the slowest progress.

Hao Qiang was a little anxious. His company was recruiting chip talents on a large scale across the country, and now all domestic peers knew about it. Maybe his foreign peers had already known about his company's movements.

However, Future Technology Group currently has no chip achievements, so it is left alone.

Therefore, although the company has developed high-purity monocrystalline silicon, Hao Qiang did not report it to the relevant departments, tried to conceal it, and it was impossible to expose it to the media.

In fact, single crystal furnaces consume a lot of electricity. When they were connected to the power grid, the relevant departments in Pengcheng knew that Future Technology Group was developing wafers, but they did not know the specific progress.

As long as the results are not exposed, there is no big problem.

If it is exposed, it is estimated to trigger a series of exposures, including chip manufacturing.

In addition to the EBL lithography machine, Future Technology Group also develops etching glue and photoresist, which can be completed in one step.

Otherwise, without auxiliary materials, you will be unable to cook without rice and will still be taken advantage of by foreigners.

Hao Qiang is busy at the company every day, but when he returns home and sees his two little babies, all his worries disappear.

At seven months old, he can already call "Dad" and knows how to call adults when he wants to urinate or defecate.

Sure enough, children with strong thinking ability are different.

When Hao Qiang is free, he plays building blocks with his children and teaches them to speak and sing.

Wait until they are over one year old and then let professional childcare teachers teach them.

After a few days,

In the blink of an eye, it was already February 20th, Sunday.

The Guangdong Businessmen Conference hosted by the Guangdong Provincial Government arrived as scheduled. This year's theme is "Global Guangdong Businessmen, World Bay Area, Shared Future".

This event aims to build a diversified communication and cooperation platform for Guangdong businessmen around the world, covering multiple fields such as investment and business development, technological innovation, green development, and active participation in the construction of the "Belt and Road".

On the surface, this is a gorgeous commercial feast;

In essence, it is a clever move by the government to stimulate investment and promote cooperation among Guangdong businessmen.

Hao Qiang has also participated in the conference since its first session in 2008.

For Future Technology Group, which already stands at the top of the industrial chain, such a grand event seems to have little significance and is just icing on the cake.

But Hao Qiang is well aware of the ups and downs of business and knows the importance of maintaining a presence in the business world.

Furthermore, you can never stand still in the business world.

This year's conference was particularly eye-catching because Hao Qiang, the third richest man in the world and the richest man in Asia, was invited to give a keynote speech.

His presence undoubtedly added unparalleled brilliance to this event.

Without Hao Qiang's participation, this Guangdong Business Conference would have been much less impressive.

Hao Qiang now has a huge influence in the industry. His every move and every word may affect the direction of the entire business world.

Ten o'clock in the morning,

The moment Hao Qiang stepped into the venue, all eyes were focused on him.

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