Siheyuan: Starting from a fitter

Chapter 264 Opening of the Headquarters Building
In early March 1977, a building in Tsim Sha Tsui Commercial Center in Kowloon East District was put into use, with flower baskets at the door.This is the headquarters building of Longhua Technology.

All the dignitaries and business partners who attended the ribbon-cutting ceremony have left, and those who remain at the scene are old friends.Li Guocheng led everyone to the 28th floor on the top floor.This is his chairman's office area, which occupies the entire floor.

Office, exercise, reception, laboratory and rest areas are all available. There is only one person on the entire 28th floor and it shares a dedicated elevator with the 27th floor.

After visiting the top floor, everyone returned to the spacious and bright office and were all amazed.

"Aaron, you are so good at enjoying yourself, so luxurious. You occupy an entire floor by yourself," Brother Kun said with envy.

"The only flaw is the lack of a few female secretaries," Ah Wei always said.

"You said that you are already the chairman of the entire group company, and you have built such a big laboratory. Are you tired?" Asheng said.

"That's right, it's time for you to relax, you just need to take the helm, and leave the rest to Chen Li and the others," Brother Hua said sincerely.

"You also know that I am just a technician. If I are not allowed to do scientific research, it is like not letting me eat," Li Guocheng said.

"I also expect you to appear in a few more films of our company. After seeing your layout today, I know that there is no play," Arong joked.

"Please forgive me. One time is enough. I will never suffer that crime again. I am still good at scientific research."

"I heard that Longhua Private Equity will invest heavily in the mainland in the future. It won't be wasted, right?" Brother Kun expressed everyone's feelings, and everyone became serious.

"How did our Xiangjiang industry develop? OEM, the reason is that there are a large number of refugees in Xiangjiang, and they provide a lot of cheap labor.

Over the past few years, the mainland has established diplomatic relations with several major countries, and opening up to the outside world is inevitable.

What will the mainland's large and cheaper labor force bring?A large number of bosses in Xiangjiang will move their production lines to the mainland, and foreign capital will move a large number of low-end industries to obtain high profits.

Therefore, not only will Longhua Private Equity invest in the mainland, but Longhua Technology will also build production lines in the mainland.The low production costs will make your jaw drop."

After some exchanges, these big private equity clients all dispelled their worries and became extremely excited instead.

After everyone left, Li Guocheng thought of the current situation of the headquarters building.He shook his head and laughed, "The development is still too slow."

The 27th floor is the headquarters office area. The general manager and other related supporting departments are all concentrated on this floor.

The 26th floor is the Semiconductor Division. In addition to the office area and various laboratories, there is also a small production line dedicated to semiconductor experiments.

The 24th to 25th are materials laboratories, all of which are various laboratories.There are now more than 110 materials engineers, many of whom are hired by developed countries with high salaries, and there are also several laboratories that cooperate with several universities in Hong Kong.

The 1st and 2nd floors are occupied by the Dream Workshop, the ground floor is the exhibition area and property office, and the second floor is the design room and production line.

第3~5层被游戏事业部占用。第3层是办公区和游戏产品展览区，第4、5层是专用游戏几生产线。

There are three floors underground, all of which are parking spaces. A car maintenance center has been established at the entrance of the underground floor to provide maintenance and car washing services for the cars of employees in the building.

Of course, there are not too many cars in the building now, and this parking lot also provides external parking services.

There are 14 floors in the central part and three underground floors, which are managed by the property company and used for rental.

All floors of the Delta Industrial Building were transformed into semiconductor production lines and battery production lines. It not only produces transistors, but also undertakes foundry business.

The old factory building has now been developed into a family building with a floor height of 24 floors.Because the lot was too small, only one building was built.All are sold or rented to Longhua Technology employees at low prices.

Of course, there are no Longhua department managers and above executives here, because they are all influenced by Li Guocheng, either buying villas or apartments with better locations.

If you don’t have enough money temporarily, you can also apply for a low-interest loan from the trade union.

Since Longhua Technology has always insisted on not being listed, all distributable profits will be distributed as dividends and benefits.

This kind of behavior that is incompatible with the current Hong Kong business society has aroused repeated discussions among Hong Kong economists. Some are in favor, but most of them are opposed.

One of the most representative programs, "Economic 30 Minutes", has invited experts for discussions many times.

News Anchor: Recently, a technology company's listing plan has aroused discussion among economists. Some people have expressed support for it, while others have expressed concerns.Now let's look at these different sounds.

Economist A: This technology company is an innovative enterprise with strong technical strength and is expected to become a growth hotspot in the next few years.Its listing plan can not only finance the company itself, but also drive the development of the entire technology industry and contribute to economic growth.

Economist B: However, we cannot ignore some side effects of technology companies going public.Excessive publicity, false propaganda and market irrationality may lead to market fluctuations, thereby affecting the entire economy.In addition, after technology companies go public, they may also bring about some social problems, such as excessive concentration of resources and so on.

. . . . . . .

News Anchor: I heard two different voices. We still need to explore this issue in depth.It is worth mentioning that in the current changing international environment, the listing of technology companies may be an important opportunity. At the same time, more management and supervision are needed to ensure good market order and corporate development.

The discussion in the society also affected the company, and the internal discussion gradually became heated.

Seeing that the situation was getting worse and worse, a mid-level and high-level meeting was organized at Chen Li's suggestion.

The above news discussion is a TV replay shown before the meeting.

"Everyone should have seen that before we were listed, we were affected by public opinion. If we were listed, social capital would enter the company within a few years.

The essence of capital is to make quick profits, and they don't care about the company's long-term development.They use media means to mobilize public opinion. What should we do then?
We are a technology company, and the current R&D investment is not less than 30% of the profit every year.When they ask us to reduce R&D investment, what should we do?
Our company has been giving benefits to employees in terms of food, housing and transportation. At that time, these capital requirements reduced this part of investment. What should we do?
If it goes public, we will no longer have the final say in the company's planning. A wrong investment may lead to a disruption in the company's cash flow.What should we do then? "

Li Guocheng's four consecutive questions made the participants think deeply.

Everyone understands that the rapid development of the company is inseparable from the vision of the chairman.Everyone has participated in Longhua Private Equity, and every major investment direction is given by the chairman.

It proves to be correct every time, just like the chairman can predict the future.

Through this conference, Longhua Technology has unified its thinking and firmly believes that not going public is the right choice.

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(End of this chapter)