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

Chapter 502 Top talent worth 300 million US dollars? That's too cheap! Ordered to make money!

Chen Yansen spent the entire morning in the conference room of the Central Secretariat before returning to his hotel by car.

The core content of this symposium on new energy vehicle subsidies was the "2014 Notice on the Promotion and Application of New Energy Vehicles" issued by the three major associations: the Ministry of Finance, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology.

The subsidies for passenger vehicles have been adjusted, with the maximum subsidy amount increased from 6 yuan to 10 yuan, while the overall principle of "the higher the driving range, the higher the subsidy amount" remains unchanged.

Specifically, hybrid vehicles with a range of more than 100 kilometers will receive a subsidy of 3.5 yuan per vehicle;

纯电汽车续航大于100公里、小于200公里的，补贴3.5万元；大于200公里、小于300公里，补贴5万元；大于300公里、小于800公里，补贴6万元；大于800公里的，补贴8万元。

For first-time buyers, an additional 2 yuan will be provided.

It's obvious to anyone with a discerning eye that although this document doesn't directly mention the battery industry or even DeepBlue Technology, it's difficult to increase the range to over 800 kilometers while balancing handling and vehicle weight, given the performance of traditional power batteries.

Unless you use a Deep Blue battery!

Isn't this just giving money to Chen Yansen?
In addition, battery factories that meet the requirements of the document can also receive a grant of 2% of the project investment.

He also specifically mentioned DeepBlue Technology at the meeting.

The implication is clear: only companies that have obtained the DeepBlue Battery OEM authorization can meet the relevant regulations.

In addition, the maximum subsidy for pure electric buses is 15 yuan; pure electric special vehicles, such as postal, logistics, and sanitation vehicles, will receive a subsidy of 2000 yuan per kilowatt-hour, with a maximum of 15 yuan.

Half of the subsidy policies were created thanks to DeepBlue Technology!

Chen Yansen understood that, on the one hand, the performance of the Deep Blue Battery was powerful enough, and on the other hand, it was a gesture of reciprocation from the higher-ups.

He had previously licensed the technology patent of Deep Blue Battery to the military industry at a low price, which seemed like a loss. However, less than four months later, the higher authorities have made up for it through new subsidy regulations.

At the symposium, the CEOs of BYD, CATL, Tianjin Lishen, and Xingheng Power all looked at Chen Yansen with red eyes.

They were just earning a meager living, while Chen Yansen was "making money by imperial decree."

Meanwhile, the bosses of automakers such as JAC, SAIC, Great Wall, and BAIC breathed a sigh of relief, as they had all secured the procurement rights for DeepBlue batteries.

However, they also face a problem: the cost of batteries is too high, so they can only be used to produce high-end electric vehicles and are difficult to adapt to mid-to-low-end models.

Taking a model with a range of 200 kilometers as an example, the battery cost alone would be 70,000 to 80,000 yuan, and the price of the whole vehicle would inevitably reach 200,000 yuan.

To make a profit, one must either follow Tesla's example and raise the price of electric vehicles to the million-level to have sufficient profit margin.

Chen Yansen didn't bother to pay attention to the thoughts of the car companies.

After all, Deep Blue Battery has only been on the market for a short time, and it's a good time to make money. There's no shortage of orders. We can't just lower the price to $300 or even $200 per kilowatt-hour for the sake of the development of the new energy vehicle industry, can we?
Representatives from the China Association of Industry and Information Technology had probed his attitude, but Chen Yansen politely declined, stating bluntly, "The R&D costs are too high. Without sufficient profits, how can DeepBlue Technology drive the development of the next generation of products?"

Upon hearing this, the other person immediately shut their mouth in embarrassment.

Deep Blue batteries will definitely drop in price in the future, but not now.

In any case, the domestic electric vehicle infrastructure is not yet perfect, and users mostly regard electric vehicles as a "big toy," so the acceptance rate is not high. There is really no need to adopt a sales strategy of low profit and high volume.

Twenty minutes later, Chen Yansen returned to the hotel.

After a short rest, we didn't set off for Sohu's headquarters building in Zhongguancun until 3 p.m.

When Chen Yansen arrived, Zhang Chaoyang, accompanied by several Sohu executives, was standing smiling outside the lobby on the first floor, waiting to greet him.

Chen Yansen looked up and glanced at the Sohu Network Building in front of him.

With two underground floors and 13 floors above ground, the building has a floor area of ​​41,000 square meters. Its future value will be higher than Sohu's market value.

There's nothing that can be done about it; Zhang Chaoyang spends most of his time either in bars, skiing, hiking, or sea fishing. There are countless people slacking off in the company, earning it the nickname "Zhongguancun Retirement Home."

"If you hadn't come soon, I would have been off work." Zhang Chaoyang affectionately put his arm around Chen Yansen's arm and walked inside while chuckling and complaining.

"What time do you get off work?" Chen Yansen asked casually.

“I usually tell the media that I finish get off work at six o’clock.” Zhang Chaoyang chuckled, and before Chen Yansen could ask any further questions, he added, “Actually, I leave promptly at four o’clock.”

In his view, the quality of life is no different whether one has a net worth of billions or hundreds of billions.

Instead of working yourself to the bone to make money, it's better to enjoy life while you can.

Otherwise, if you accumulate hundreds of billions or trillions in wealth but your health collapses, even if you meet a beautiful girl, you'll only be able to talk to her and get her attention. How boring would that be?

Therefore, in private, Lao Zhang greatly admired Chen Yansen, who was twenty-one years old and at the most capable age of his life.

If it were him, he might change girlfriends three times a day.

"I get off work at five o'clock," Chen Yansen replied with a smile.

The two looked at each other and smiled.

Zhang Chaoyang stays in his office doing nothing, while Chen Yansen is incredibly efficient; excluding meeting time, he can handle all the company's daily management affairs in just one hour on weekdays.

Zhang Chaoyang pulled him into the elevator. Instead of going to the office, they went to the filming studio for "Men's Diary 3," where Dapeng was acting opposite Yoshizawa Akiho.

Once they're dressed, they're really hard to recognize.

"Pony Ma wants to merge the businesses of Tencent Video and Sohu Video. What do you think?"

Zhang Chaoyang asked abruptly.

In fact, he and Ma Wenteng have been very close in the past six months, and their business dealings have been quite frequent.

Tencent has spun off QQ Input Method and Soso, merging them with Sogou Search and Sogou Input Method, and has also made a strategic investment of $4.5 million.

“Senlian Capital only holds 20% of Tencent Video’s shares. Pony asked for my opinion privately, and I have no thoughts on it.”

Chen Yansen shrugged, looking indifferent.

His home turf is short video platforms, which can provide a continuous stream of traffic for other businesses.

However, long-form video platforms have high investment costs, low returns, and long payback periods, so he was just making a casual investment.

"You're a bright thinker, give me some advice: merge or operate independently?"

Zhang Chaoyang stared intently at him.

"Old Zhang."

"Call me Charles."

"Oh, Charles, do you want to merge or operate independently?"

"Operated independently".

"Then let's operate it independently."

"..."

Zhang Chaoyang chuckled and couldn't help but roll his eyes at Chen Yansen: "You kid, could you be any more perfunctory?"

However, he wasn't angry. Instead, he nudged Chen Yansen's shoulder and whispered, "How about we try something different tonight?"

As he spoke, he gestured with his chin toward Yoshizawa Akiho on the film set.

"Keep it for yourself," Chen Yansen decisively refused.

This isn't a problem with used cars anymore; it's a problem with buses.

"Alright, let's go upstairs and I'll show you my wine cabinet. Pick whatever you like." Zhang Chaoyang didn't seem to care and walked out of the studio chatting and laughing with Chen Yansen.

at the same time.

After getting off the plane, Liang Jinsong and his sister tried to hail a taxi, but after asking several drivers, they all explained that they were ride-hailing drivers and had come to the airport to pick up pre-booked customers.

"You didn't place an order in the app, so we can't give you a ride."

Liang Jinsong then realized that the penetration rate of ride-hailing services in China was actually higher than in North America, Japan, and South Korea.

Left with no other option, he quickly downloaded the Kuaidi Dache app and submitted a ride request.

Because he had selected a business vehicle, an order was accepted shortly afterward. Just then, Liang Jinsong's phone rang.

He took out his phone and saw that the caller ID showed Hu Ruihui from the Huazhong University of Science and Technology Association.

He thought for a moment, then pressed the answer button and asked, "Old Hu, how did you know I came to Yanjing?"

"Huh?! You've come to Yanjing?" Hu Ruihui was clearly taken aback and asked instinctively.

Liang Jingsong immediately realized his mistake and changed his words, saying, "I just came out of the arrival gate, Lao Hu, what's up?"

"I'd like to introduce you to a new friend, Chen Yansen, the founder of Tiangong Technology and Senlian Capital."

Hu Ruihui got straight to the point.

When Chen Yansen asked him to help find a chief scientist or CEO for a new project, Liang Jinsong was the first person he thought of.

In the current battle between TSMC and Acer, Leung King-chung has become a casualty, restricted from working for Acer for two years.

Isn't this exactly the best candidate Chen Yansen was talking about?

The other party is knowledgeable in technology and management, familiar with the process flow, and has extensive connections in the supply chain field.

If Chen Yansen hadn't spoken up, he would most likely have introduced Liang Jinsong to Huaxin International.

"Chen Yansen again? As far as I know, Tiangong Technology is just a chip design company, right?"

Full of doubt, Liang Jinsong couldn't help but press for more information.

"He plans to invest 300 billion yuan to build a chip production base using the 28-nanometer process," Hu Ruihui said slowly.

300 million?
Liang Jinsong was first intrigued by his nephew's high praise for Chen Yansen, and now that Hu Ruihui had personally spoken on his behalf, he was truly intrigued.

Even if the world's richest man, who is 21 years old, does not ultimately accept the invitation, it would be fine to meet him once.

"I'm going to climb the Great Wall early tomorrow morning, but I'll be free tonight."

Liang Jinsong answered after careful consideration.

"No problem, I'll send you the time and location later," Hu Ruihui readily agreed.

the other side.

Chen Yansen and Zhang Chaoyang went to a nearby upscale bar together. On the way, he received a call from Hu Ruihui.

"Liang Jingsong? He's in Yanjing? Okay, Mr. Hu, thank you."

Chen Yansen expressed his sincere gratitude.

He didn't expect that Old Hu would actually step up when something was wrong!
With Liang Jinsong's abilities, he is more than qualified to serve as the CTO or co-CEO of a new project.

He worked at AMD in his early years before joining TSMC in Taiwan, where he made a name for himself with his 0.13-micron process technology.

He then joined Sungrow as Chief Technology Officer of the Chip Division, where he increased the yield rate of the 28nm process from 20% to over 95%, thereby enhancing Sungrow's competitiveness in the logic chip field.

Simply put, without Liang Jinsong's joining, Shanxing would have to rely on Qualcomm and TSMC in the mid-to-high-end chip market.

Three days ago, Chen Yansen sent the list of his preferred candidates to the personnel department, and Liang Jinsong was ranked second.

After thinking it over, he decided to meet at the Prefect of the Capital.

……

……

The following evening, as dusk fell, the city lights shone brightly.

At the entrance of the Jingzhao Yin (prefectural governor's office), Chen Yansen was chatting with Hu Ruihui.

"A one-time licensing fee of 2000 million, plus a 0.5% royalty, is a very reasonable price. I'll have my staff contact you later."

Hu Ruihui quickly agreed, afraid that Chen Yansen would change his mind.

It's worth noting that the performance of the Xuanshu architecture far surpasses that of similar products from NVIDIA and ARM, whose initial licensing fees alone amount to 1000 million to 5000 million US dollars, with royalties as high as 2%.

Only major clients like Apple and Intel have the opportunity to receive an ultra-low royalty rate of 0.5%.

Clearly, Chen Yansen was returning the favor and thanking him for helping to make the connection.

What was Liang Jinsong's treatment like at Shanxing and Wantai TSMC?

Chen Yansen smiled, waved his hand, and then asked casually.

People come out to work for nothing more than money and power.

First, provide sufficient financial support; second, grant them adequate trust and authority.

"Your question has stumped me. I've known Liang Jingsong for seven or eight years, but I've never asked about his income."

His position at Sanxing is President of the Semiconductor Business Unit. I can help you inquire about the salary levels of colleagues in the same position.

Hu Ruihui paused slightly, then frowned and said.

"Mr. Hu, thank you for your help." Chen Yansen thanked him politely.

He had previously reviewed statistics from a third-party organization and had a general understanding of the income of people like Liang Jinsong. However, during negotiations, a slight difference could lead to a huge discrepancy, so having more information was always beneficial.

If you can't even offer enough money to poach someone, that's just wishful thinking.

Talented individuals like Liang Jinsong have long since moved beyond the stage of struggling to make ends meet. They value platforms, resources, and whether the effort and reward are commensurate.

If we can't offer truly sincere terms, let alone get him to abandon his current plans to join, we might not even be able to get him to sit down and have a serious talk.

Chen Yansen knew perfectly well that so-called negotiation skills were ultimately just an aid; tangible benefits were the key to winning people's hearts.

Especially for someone like Liang Jinsong, who has been in the industry for many years and has seen a lot, empty promises are far less convincing than a clear compensation plan.

The more you understand his expectations, the more accurate your quote will be, ensuring you don't miss out on talent by underpaying or waste unnecessary costs by overpaying.

This is the safest approach to negotiation!
Hu Ruihui took out his phone and sent a message.

I received an accurate reply in less than three minutes.

Hu Ruihui's students and associates are all over the world, most of whom hold mid-to-senior level management positions in the semiconductor industry. It is only natural that they would be able to easily find out this kind of simple information.

Generally speaking, Liang Jinsong's compensation package includes a fixed salary, stock incentives, and performance bonuses, in a ratio of 4:4:2.

湾积电的CEO年薪是600万美币到720万美币，山星电子的总裁年薪是400到480万美币，华芯国际技术负责人的年薪是260万到300万美币之间。

Therefore, it is normal that they cannot attract talent.

Who would be willing to take a pay cut to work for someone else?

"Liang Jinsong's position at TSMC is Senior R&D Director, and his position at Samsung is Chief Technology Officer, with a salary of around 300 million US dollars."

Hu Ruihui analyzed the situation with clear logic.

300 million US dollars, which is equivalent to 1860 million Chinese yuan.

Frankly speaking, this income level is not as high as that of Zhou Shouzhi, Gao Weilin, and others.

"Top electrical engineers in 2013, damn cheap!"

Chen Yansen pondered to himself.

About five minutes later, a BMW van slowly came to a stop, and a man in his fifties got out. He was wearing an old-fashioned striped shirt and his hairline was receding slightly.

"Old Hu."

The man in the suit waved his hand, then turned his gaze to Chen Yansen.

The world's richest man, founder of Senlian Capital, with a fortune of 980 billion US dollars?
So young!
A look of surprise flashed in Liang Jinsong's eyes.

(End of this chapter)