I can become stronger by paying salaries. I have one billion employees!

Chapter 403 Don't let Boss Ma know about your innovative ideas! I'm done pretending, you can do whatever you want!

Inside the Shenzhen Wuzhou Hotel, the large conference hall was brightly lit.

Reporters, some carrying video cameras and others holding still cameras, adjusted their focus and aimed their lenses at the four people on the stage.

The host had already stepped aside, leaving the stage to Chen Yansen, Ma Wenteng, Ma Liyun, and Li Yanhong.

Li Yanhong glared at Chen Yansen across from him, and his anger flared instantly. He took a deep breath and continued the previous topic:

"What Mr. Ma means is that compared to ten years ago, the internet industry has changed tremendously. Entrepreneurship and competition can no longer rely on the past free model, but should focus on creating value and finding new business models and competitive advantages."

However, I'd like to borrow another quote from Mr. Ma: "You still have to have dreams, what if they come true?"

As soon as he finished speaking, he turned his gaze to Chen Yansen, his intentions clear: wasn't there a perfect example right in front of him?
The audience below the stage couldn't help but laugh and applaud softly.

Li Yanhong's response was measured and controlled, unlike Ma Liyun's overly sharp and unsettling manner.

nonsense!

Chen Yansen silently gave his evaluation.

Li Yanhong's speaking style is quite skillful; he seems to be talking eloquently, but in reality, he has no substantial content.

This formulaic approach of "summarizing what the former said" is nothing more than a common "management upwards" tactic used by employees.

He looked at Li Yanhong with a strange expression, and suddenly remembered a joke: A vice president of Baidu discovered that Li Yanhong had been reading a certain book recently, so he instructed his subordinates to push relevant information to him.

This led Robin Li to mistakenly believe that Baidu's artificial intelligence algorithm was very powerful, but little did he know that it had no intelligence at all and was entirely manual.

Judging from how easily Li Yanhong can use these kinds of rhetoric, could it be that he developed this habit because he was "managed upwards" by his subordinates for a long time?

"Mr. Chen, as a newcomer to BATS, what are your thoughts?" the host asked, guiding the conversation.

"Like people, the times have their limitations! The business landscape is constantly changing, and new business models will always emerge. What will eliminate you may not be your competitors. For example, the instant noodle industry's sales shrank by 11.7% last year, simply because the food delivery industry has flourished all over the country."

Being invincible is far from enough; enemies from beyond the heavens can strike at any time! Personally, I hope that more young talents will emerge, pushing us, the older generation, forward.

Chen Yansen answered calmly.

"Aren't you afraid of being swept away by the next generation and left behind?" the host asked jokingly.

"If we are overtaken by newcomers, it must be because there are problems with Senlian Capital's business and strategy. We must either make timely adjustments or wait for decline. After all, when the times abandon you, they won't even give you a warning."

Chen Yansen didn't take it seriously and shrugged.

After saying that, he looked at Li Yanhong with a smile.

"Why are you looking at me? Baidu is thriving!"

Li Yanhong narrowed his eyes, a cold glint flashing across them, and silently shouted in his heart.

"Mr. Ma, are you worried that one day Tencent will be surpassed by other companies?" the host continued to ask.

"To be honest, I was very worried and even anxious, so before WeChat was launched, Tencent made many attempts on mobile platforms. As Mr. Chen said, I was also afraid of being eliminated by the mobile era, but fortunately the result was good."

Ma Wenteng frowned slightly. After sharing his own experience, he couldn't help but joke, "As long as it doesn't turn out like Li Yanhong's, which led to the search engine being attacked by the masses, it's fine."

"..." Li Yanhong remained expressionless.

"Mr. Li, do you agree with Mr. Ma's view on Baidu?" the host pressed.

"I don't quite understand what Mr. Ma is saying, because Baidu Search still holds the number one market share in China, maintaining a dominant leading position."

As someone who's been through it all, I want to advise the new generation of entrepreneurs: Never let Jack Ma know about your innovative ideas, or Tencent will quickly copy them.

After a moment's thought, Li Yanhong retorted.

Chen Yansen couldn't hold back for a moment and desperately tried to suppress the corners of his mouth.

Ma Liyun showed no respect whatsoever, her smile barely registering, but to Ma Wenteng it sounded extremely grating.

Ma Wenteng adjusted his glasses, making a tactical evasive move.

Some things are easy to be confident about if you haven't done them, but the key is that he did them.

Li Yanhong's words were a bit harsh, which drew knowing smiles from the group of business leaders attending the meeting.

QQ Tang paid homage to Bubble Fighter, QQ Games paid homage to Lianzhong Games, QQ Speed ​​paid homage to KartRider, QQ Dance paid homage to Audition Online, QQ Farm paid homage to Happy Farm...

What's frustrating is that most of the products that were paid tribute to have faded away or died out, while the payers are thriving.

Although it was true, Li Yanhong's insults were extremely vulgar.

If he weren't still on stage, Little Ma would have already lost his temper: "I was just joking, you can't take a joke!"
Seeing this, the host quickly changed the subject, saying, "Last year, Mr. Ma, Mr. Li, and Mr. Ren from Huayuan Real Estate had a debate about whether high housing prices might affect recruitment. Do you two still think so this year?"

"I suggest we let Ma Liyun answer first. Last year, during Tencent's campus recruitment and social recruitment process, Alibaba repeatedly snatched jobs from Tencent. Tencent offered people 20 yuan a year, while Alibaba offered 24 yuan. It seems that Mr. Ma doesn't care about rising housing prices. He is the most generous."

Ma Wenteng, who was in a bad mood, said sarcastically.

Little Sith!
Li Yanhong criticizes you, and you curse me?

Is this right?
Ma Liyun laughed in anger, but he also had a fiery temper and immediately retorted: "When Tencent was poaching mid-level managers from Alibaba, the salary increases were all over 30%. To be honest, Alibaba is under a lot of pressure to recruit people. I also envy Ma Wenteng. Games are so profitable, unlike e-commerce, where there are too many employees in the entire industry chain and the profits are very low."

What he said made sense, but this was in 2013, and the gaming industry was being condemned by parents. His praise was tantamount to a double-edged sword. Once the hype grew, Tencent would be criticized again.

When talking about himself, he subtly boasted about his own achievements, implying that Ali had boosted employment.

He doesn't talk much, but he's got a lot of bad intentions.

"Mr. Li, the suburban housing prices in Shanghai, Yancheng, and Shenzhen have all exceeded 10,000 yuan per square meter, with some areas reaching as high as 20,000 to 30,000 yuan per square meter. What is your view on the contradiction between the persistently high labor costs and the excessively high housing prices?"

Seeing the tension escalating, the host, without waiting for either of them to speak, gave Li Yanhong the opportunity to speak.

“I gave an example. There was a new employee at Baidu who had been with the company for less than a year. He said on the internal network that he really wanted to work hard, but with his current salary, he couldn’t afford to buy a house at all. He couldn’t even afford the down payment. I think this kind of mentality is wrong.”

Li Yanhong paused and then said, "Under normal circumstances, renting a house is quite comfortable. In fact, engineers in Silicon Valley also cannot afford to buy a house two or three years after graduation."

In fact, the salaries at companies like Baidu, Alibaba, and Tencent are among the best in the industry. Young people should be patient and wait a few more years.

After hearing this, Ma Wenteng shook his head repeatedly, feeling that Li Yanhong was just being selfish and didn't care about others' lives; his words were like farts.

He proactively stated, "Why do young people want to buy houses so early? It's because housing prices have risen too sharply in recent years. Housing prices were relatively stable back then, so we can't use outdated ideas to restrict young people's thinking."

To retain talent, Penguin has made many efforts in this regard, including a housing program that provides interest-free loans to employees.

“Ali also has a similar iHome plan,” Ma Liyun chimed in.

Mr. Li lives in a villa of over a thousand square meters and has more money than he can spend. He doesn't care about the lives of his employees.

What, is everyone targeting me?
Li Yanhong felt dissatisfied and immediately looked at Chen Yansen.

“Senlian Capital does not exist,” Chen Yansen stated truthfully.

Li Yanhong felt relieved; Chen Yansen's annoying face suddenly seemed more pleasing to the eye.

Fortunately, he is not alone!

"But all of Senlian Capital's holding subsidiaries, from customer service staff, riders, couriers to supervisors, directors, and general managers, receive a housing subsidy of 20% of their base salary every month in addition to their monthly salary."

Chen Yansen added. Li Yanhong's smile vanished instantly!

The host understood: if the monthly salary is 15,000 and the housing allowance is 3,000, then the annual income is 36,000.

Giving employees money directly is much better than lending them money!

This isn't a rental subsidy; it's a home purchase subsidy!

"Furthermore, I disagree with Mr. Li's point of view. He doesn't understand young people. I understand the plight of my peers. Who doesn't want to buy a car and a house and marry a beautiful wife sooner? Mr. Li tells young people to wait a few more years, but mothers-in-law can't wait."

Chen Yansen couldn't resist and delivered another blow.

His words were very down-to-earth and resonated with many people.

High housing prices, high cost of living, high bride price—you expect me to wait?
Wait till I get my ass!

"Does Mr. Chen agree with giving employees a raise?" the host asked.

"Give them a raise, that's not important. Either pay them back for overtime or give them back their time," Chen Yansen said calmly.

Where does overtime pay come from in the internet industry?
The employees are highly motivated and willing to work overtime; the company can't stop them!

Ma Wenteng, Ma Liyun, and Li Yanhong looked embarrassed.

Overtime pay?
what is that?
"Mr. Chen, do the employees of Senlian Capital need to work overtime?" The host asked with a smile when he saw that the atmosphere was a bit awkward.

“Yes, I don’t deny that it is necessary,” Chen Yansen replied.

The host immediately understood that since Chen Yansen had the confidence to speak out, it meant that he had definitely paid overtime wages in accordance with labor laws.

With the intensity of internet work, and including overtime pay, monthly salary can double.

Companies like Orange Technology, Pinbei Mall, Today Technology, and ByteDance may seem to have base salaries that are only slightly above average in the industry at first glance, but once you add quarterly bonuses and overtime pay, they instantly pull ahead of BAT (Baidu, Alibaba, Tencent).

"Mr. Chen, Orange Pay has launched functions such as Yu'ebao, QR code payment, and money transfer, and does not charge handling fees. This is seen as a challenge to the banking industry. What are your true thoughts?"

The host also realized that Chen Yansen was the real topic of conversation.

"OrangePay's services such as money transfer, Yu'ebao, and QR code payment all rely on the infrastructure of the banking industry. OrangePay has no intention of challenging the banking and financial industry. We are partners. The injection of internet genes will bring better development to the entire industry."

Chen Yansen was not fooled and handled the situation perfectly.

Some things can be said but not done, and some things can be done but not said.

Taking such a blatant attack on the bank would bring no benefit whatsoever to Senlian Capital.

If there were enough benefits, Chen Yansen wouldn't mind being a cannon fodder and living the life of a passionate young man.

But his mental age is approaching forty, and General Manager Chen is very clear that some cannons can be fired, and some cannot.

"He's so young but so precocious, he doesn't seem like a twenty-one-year-old," Yuan Ruili muttered quietly from the audience.

In the ensuing 'BATS' four-person exchange meeting, the initiative fell into Chen Yansen's hands.

His speech, though seemingly bold, revealed composure and experience.

In short, it both elevates itself and crushes its competitors, while also pleasing users and catering to superiors.

His speaking skills are truly superb!

Many people suddenly realized what was happening and stared at Chen Yansen in astonishment.

This person has been reading "The Art of Thick-Skinnedness and Black-Heartedness," "Zizhi Tongjian," and "Game Theory" since birth.
You're saying this person is a junior in college?
Although many people had unconsciously exaggerated Chen Yansen's intelligence and emotional intelligence due to his previous business achievements, they ultimately found that they had still underestimated him.

Time flies, and soon it was noon.

The exchange meeting concluded successfully, and representatives from various industries gave speeches in the afternoon.

The two hours in the middle are for rest and lunch.

As soon as Chen Yansen entered the banquet hall, dozens of eyes turned to him, their expressions unfriendly.

"Mr. Chen, you had your fun this morning, but you also offended many of your IT colleagues in Shenzhen," Ma Wenteng sighed and whispered a reminder.

"I know it well."

Chen Yansen didn't care about the Tao.

He's similar to Chow Yun-fat; as he enters more and more industries, it's normal to be envied.

Rather than letting these people criticize him behind his back, he'd rather fire the first shot and have his fun first.

"Let me introduce you to some new friends."

Ma Wenteng smiled and pulled Chen Yansen deeper into the banquet hall.

If Chen Yansen doesn't care, why should he worry about it?
With the help of Pony Ma, Chen Yansen exchanged pleasantries with the bosses of BYD, Xinmeiya, Huaji and other groups one by one.

With Ma Wenteng around, there's no circle he can't fit into. His nicknames, "Shenzhen's Local Tiger" and "Nanshan's Invincible Winner," are well-known, and his track record speaks for itself.

Despite Zhou Hongyi's constant teasing of Ma Wenteng on Weibo, he still obediently paid 500 million yuan to Tencent.

The outcome of the 3Q War appears to have been that Tencent lost face, but 360 lost both face and substance.

Penguin Security Manager's market share is soaring!
at the same time.

Chen Yansen's speech at the 'IT Leaders Summit' quickly became a trending topic after being reported by the media.

Search terms such as "post-90s generation", "Senlian Capital rental subsidy", and "give overtime pay back to young people" are prominently featured in trending news.

"No wonder he's a self-made tycoon with a net worth of tens of billions, and he's still willing to speak up for young people."

"Mr. Chen's father runs a small bookstore and is an ordinary person just like everyone else. He can empathize with young people."

"Damn! From now on, I'll only buy Orange phones!"

Are the housing allowance and overtime pay real?

"I am a fast deliveryman, and I swear on my life that Chen Yansen has never told a lie."

"I am a Yunsu Express courier. The company pays social security, and also provides accident insurance, third-party liability insurance and supplementary commercial insurance. Everyone receives a housing allowance and overtime pay."

"Located at the Orange Mobile Phone Factory in Luzhou, with meals and accommodation provided, and overtime pay calculated by the minute, my biggest wish in this life is: to work for Boss Chen again in my next life!"

Although there were some dissenting voices in the comments section, they were quickly drowned out by the voices of Senlian Capital's junior employees.

Sales of Qingcheng D2, Chengzi C3S and Yaocheng X1 surged in response!
Downloads of products such as KuaiRun, YunSu, Gaode, Toutiao, and Lingxi Browser also saw a slight increase.

Chen Yansen achieved his goal!
With just a few words, the group's image was established!

Subtly and gradually, this cultivated countless potential clients for Senlian Capital.

This group of people may not have the money to support Senlian Capital right now, but one day, they will transform into astonishing purchasing power.

Users evolve!
(End of this chapter)