I can become stronger by paying salaries. I have one billion employees!
Chapter 506 600 billion is just the beginning, 10000 three-bedroom apartments!
Chapter 506: 6000 billion is just the beginning, 10000 three-bedroom apartments!
"Is Mr. Chen dissatisfied?"
Zhou Junkun asked directly.
"Mr. Zhou, you misunderstand. I am very satisfied. The conditions in Shanghai are excellent."
Chen Yansen replied casually.
Despite saying that, he had a dismissive expression on his face.
“Mr. Chen, this is just a preliminary plan. If you have any additional requests, I will do my best to help you get them.”
Zhou Junkun didn't believe Chen Yansen's nonsense at all. He quickly leaned forward and said with a smile, "Mr. Chen, we are both straightforward people, there's no need to beat around the bush."
"Take land for example. If you feel the Lingang plot isn't competitive enough, there's another reserved plot on the edge of the inner ring road. Although it's smaller, only 22 square meters, its location is excellent, and I can help you apply for special policies there."
He paused, then added, "As for talent settlement, as long as Xingyuan Technology sets up its headquarters in Shanghai, I will personally coordinate the settlement issues of the core team members and guarantee a smooth process."
As you know, a Shanghai hukou (household registration) is extremely valuable, which is a real benefit for attracting high-end talent.
"Greentown provided Xingyuan Technology with a 50 billion yuan subsidy for factory construction, tax exemption for the first five years, and 100 million square meters of industrial land and 20 square meters of residential land."
Chen Yansen said with a troubled expression.
This wasn't something he made up to boost his own image; it was actually true.
Otherwise, if Zhou Junkun turned around and inquired, only to find out that he was talking nonsense, wouldn't that be offending him to death?
20 square meters of residential land can be used to build approximately 4000 to 6000 ordinary residential units; or 8000 to 10000 units in a high-rise, densely populated residential community.
The 50 billion yuan factory construction subsidy is even more attractive!
This is roughly equivalent to the first phase of investment in Xingyuan Technology, with Greentown willing to cover 80%.
With the addition of the 20 billion yuan subsidy promised by the National Integrated Circuit Industry Investment Fund, Chen Yansen only needs to invest 30 billion yuan initially to own a chip manufacturing plant worth tens of billions of yuan.
50 million?
Has Greentown gone mad?!
If everyone attracted investment like they did, wouldn't the country be in chaos?
Zhou Junkun was furious and immediately wanted to call his boss and complain to Yanjing.
He had originally set aside 20 billion yuan in interest-free loans, but compared to Greentown, they were instantly crushed.
This is outrageous!
"Mr. Chen, in your opinion, which city, Shanghai or Greentown, is stronger in terms of industrial support, talent pool, and geographical location?"
Zhou Junkun asked, his face full of resentment.
"Of course it's Shanghai, but Greentown is offering way too much."
Chen Yansen shrugged, looking helpless.
Zhou Junkun was speechless, knowing that Greentown's appearance had a huge impact on the investment promotion plan for this trip.
He sneered inwardly, determined to file a complaint against Greentown Central Bureau later.
This is utter nonsense!
Chen Yansen smiled as he looked at Zhou Junkun, whose expression had changed drastically.
In fact, although he told 99% of the truth, he missed a crucial piece of information.
To receive the full 50 billion yuan in factory construction subsidies, Senlian Capital must build a large Orange mobile phone factory in Greentown and promise to recruit no less than 3 R&D, management and front-line operators.
Zhou Junkun opened his mouth, but didn't know what to say.
After all, no matter how good the conditions are in Shanghai, they can't compare to someone else throwing money around!
What about low-interest or interest-free loans?
Greentown directly gives you money to build factories!
Just keep the technology, industry, and employees locally!
“Mr. Chen, I need to report to my superiors. Please postpone your decision. Trust in Shanghai’s capabilities. What Greentown can provide, we can also provide.”
After a few dozen seconds, Zhou Junkun, having calmed down, slowly offered his advice.
Chen Yansen nodded in agreement. He wasn't stupid; he naturally wanted to wait until everyone had submitted their bids before making a decision.
After a few more minutes of awkward conversation, Zhou Junkun couldn't wait to get up and say goodbye.
No matter how much Chen Yansen tried to persuade him to stay, he insisted on leaving. He immediately returned to the hotel, busy revising the investment promotion plan while calling his boss to complain.
In short, Greentown doesn't follow the rules.
However, the Fair Competition Review Regulations will not be implemented until 2024, which means that the authorities tacitly approve of Greentown's behavior.
But if you win the bet, that's good; it's a merit!
If the gamble fails, everyone involved in this investment promotion plan, from top to bottom, will be held accountable.
After a moment's thought, Jiang Liming, the head of the Shanghai Central Office, calmly instructed, "Adjust the industrial land area to 100 million square meters, increase the factory construction subsidy to 20 billion yuan, and keep other conditions unchanged."
For Shanghai, which already has Huaxin International, the arrival of Xingyuan Technology is merely icing on the cake, not a lifeline.
In his view, the conditions he offered were very generous.
Can Greentown's land be compared to Shanghai's land?
The two are not even on the same level of value!
The industrial cluster effect of this prime location in Shanghai alone is something Greentown can't match.
If Xingyuan Technology really moves its headquarters here, it will be within easy reach of upstream and downstream suppliers, and how much can logistics costs be reduced?
Talent acquisition is not a problem at all; with so many universities and research institutions in Shanghai, top talents can be easily recruited.
Jiang Liming picked up the tea on the table, took a sip, and continued to say to Zhou Junkun: "You should talk to Chen Yansen according to this new plan and tell him that this is the greatest sincerity that Shanghai can offer."
"If he still doesn't understand, there's nothing we can do. Shanghai has never lacked companies wanting to set up operations here." Zhou Junkun repeatedly agreed on the other end of the phone: "Understood, President Jiang. I'll go and prepare right away, and I'll definitely convey your message."
After hanging up the phone, he looked at the newly revised plan and felt a little more confident, thinking that this time he should be able to keep Chen Yansen calm.
A 20 billion yuan subsidy for factory construction, plus 100 billion yuan in low-interest loans, and 100 million square meters of industrial land should be attractive enough.
the other side.
Investment promotion delegations from Luzhou, Shenzhen, Greentown, Nanjing and other places have arrived in Xucheng one after another and are heading to Zhuxianzhuang Science and Technology Park.
Because Huang Zheng was busy with the IPO roadshow in the United States, Chen Yansen took over the weekly meeting of Pinduoduo and was in charge of managing the pace of the Double Eleven promotion.
Pushing open the conference room door, the heads of various departments were already waiting there.
Chen Yansen walked to the head seat and sat down, signaling the start of the meeting.
Hu Yun, Director of the Data Department, reported first: "Brother Sen, Pinbei's daily transaction volume during the pre-sale phase last week was 27.3 billion yuan, and the daily active users increased by 11.7% compared to the previous week..."
Huang Zheng set a sales target of 150 billion yuan for the major promotion.
On Singles' Day last year, Pinduoduo's sales reached 70.3 billion yuan!
A year later, the target had doubled!
This demonstrates the rapid growth of Pinbei's business and scale.
The number of merchants on the platform has increased from more than 500 initially to more than 30 in just over two years.
If the review process hadn't been so rigorous, the numbers could have multiplied several times over.
"As of October 28, the total transaction volume of the Pinbei platform was 5017 billion yuan, which is 983 billion yuan away from the annual target of 600 billion yuan."
Hu Yun raised his head and looked at Chen Yansen with a big smile on his face.
He remembered clearly that after announcing Pinduoduo's IPO plan, Brother Sen immediately sent an email to all employees.
Once the annual sales target of 6000 billion is achieved, Brother Sen will award an additional 1000 million Pinduoduo stock options as a bonus, which will be shared by everyone involved in the project.
From August to October, over three months, the average overtime hours at Pinbei increased by 70%, and everyone was working very hard.
"The average daily sales in July were 18 billion, and in September they were 22.6 billion, which is indeed a rapid improvement."
I still remember about the stock option awards: managers would receive no less than 5 shares, and directors would receive no less than 10 shares.
In addition, after achieving the Double Eleven sales target, the bonus coefficient for Q4 performance will be multiplied by 1.1, with an additional 0.1 coefficient for every additional 10 billion RMB. The annual target is based on 6000 billion RMB, with the bonus coefficient increasing by 0.1 for every additional 300 billion RMB.
After Hu Yun finished his report, Chen Yansen announced slowly and deliberately.
Suddenly, the breathing in the conference room grew heavier, and everyone's eyes shone brightly.
They heard that the company's stock options had risen to $40 per share, which would be $10 million for 400 shares.
The funds will be unfrozen over four years, with each year equivalent to 600 million yuan, totaling 2400 million yuan over four years.
Who wouldn't want to drive a luxury car and live in a mansion?
If you perform well, you can easily accumulate over 100 million by acquiring 200,000 or 300,000 shares.
Song Yuncheng lowered his head, calculating how many houses he could buy with the hundreds of thousands of stock options he held.
Last month, she bought three more houses in Luzhou, bringing her total to eight houses, making her a landlady in a way.
"Okay, Brother Sen!"
"Okay, boss!"
After a few seconds of silence, someone spoke first, followed by a chorus of joyful responses.
Full of energy!
The happiest time is when I have a meeting with Brother Sen, because it's either about receiving bonuses or stock options.
Xiang Pengfei chuckled and looked at Chen Yansen with heartfelt gratitude.
He had thought that if he hadn't joined FoxTao or Pinduoduo, with his educational background, it would have been difficult for him to get into second- or third-tier internet companies like Mogujie or Meilishuo if he had followed a normal career path.
Unless you have exceptional abilities and several years of work experience, you will only have the opportunity to join companies like Alibaba and JD.com through social recruitment.
As for campus recruitment?
He knew in his heart that he probably wouldn't even make it past the resume screening stage.
Just like Pinduoduo today, more than half of its interns come from top-tier universities, including prestigious institutions like Tsinghua University, Peking University, Shanghai Jiao Tong University, and the University of Science and Technology of China. Graduate students and overseas returnees account for 985% of the interns.
"Ali's sales this year are said to have already exceeded one trillion, and we haven't even reached half of theirs."
Remember, 6000 billion is just the starting point, not the end. The better the performance, the higher the bonus.
Orange Construction Development Company has just acquired two residential land parcels in Luzhou, where it plans to build approximately 10000 three-bedroom high-rise apartments, which will be sold to domestic buyers at cost price, with each square meter selling for about 6% of the market price.
Of course, I will also give away some houses as prizes at the annual meeting, but the exact number will depend on the final performance target at the end of the year.
After they finished making a fuss, Chen Yansen waved his hand and announced another new benefit.
10000 three-bedroom apartments?
6% of market price?
Upon hearing this, everyone was stunned for a moment, and then burst into cheers like a tsunami.
Chen Yansen smiled gently.
(End of this chapter)
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