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Chapter 89 Internal Subscription

 Time has gradually arrived in October.
There are only two months left until Wanxiang Technology was founded three years ago.
After settling the affairs of Hongjun, Shuguang and Feiteng companies.
Xu Cong hurriedly returned to Hangzhou to prepare for handling the affairs of Wanxiang Technology.
Wanxiang Technology has developed relatively slowly in the past six months.
Now the company mainly operates around the global competitions of the two games FireWire and Alliance.
As for new games, Wanxiang Technology has not launched any new games in the past six months, which has also disappointed many players who are pursuing freshness.
There are even a small number of players who believe that Wanxiang Technology's current innovation power has gradually weakened and that it can no longer make phenomenal games.
Even so, Wanxiang Technology continues to develop according to Xu Cong's plan.
The FireWire Global Competition has begun, and Vientiane Technology has reached in-depth cooperative relationships with many modern domestic Internet cafes.
Most of the current team competitions are conducted through competitions in Internet cafes, and the outstanding teams are finally selected to participate in domestic competitions.
Judging from the current development, the global FireWire Game Competition will be officially held in April or May next year.
It will definitely be a carnival in the global online gaming industry.
As for the Alliance Global Competition, which many alliance players have longed for, it has now been put on the agenda by Vientiane Technology Company, which is preparing to officially announce the news to all alliance players and users in November this year.
The operation and development of games have basically become one of the pillar companies of Wanxiang Technology, with 90% of profits coming from games.
It's just that although Wanxiang Technology is developing smoothly now, it still encounters many obstacles in the process of development.
At the same time, if Wanxiang Technology wants to expand further, it also needs the support of more funds and capital from different regions.
This time, the company is preparing to officially log on to the Hong Kong Stock Exchange next year and become a real listed company.
Relying on listing to obtain enough funds and more cooperation channels will enable the company to be more in line with global development trends in its subsequent development.
In order to successfully list the company, Xu Tong specially held a meeting with the company's top executives to prepare for the company's listing.
"You can start the company's internal share subscription!"
When Xu Cong said these words, the executives in the conference room also showed excited smiles on their faces. It was obvious that they had been waiting for this sentence for a long time.
When a company wants to go public, it must make some preliminary preparations. For example, the company must have at least one thousand shareholders holding shares worth not less than one thousand yuan.
In order for the company to be successfully listed, this means that Xu Cong needs to take out part of the company's shares.
The best way to solve this problem is to use internal share subscription by company employees.
This method can prepare the company for listing.
At the same time, this method can also be used to bind the core technical personnel within the company and motivate employees within the company to work harder in the future development of the company.
Xu Cong made many concessions this time in order to get the company listed.
According to the company listing requirements, a company needs to hold at least 25% of its shares to go public.
Xu Cong’s plan is also to acquire 25% of the shares, no more and no less.
And now Xu Cong plans to use 20% of the company's shares for internal subscription.
After completing the company's internal share subscription, the number of shares held by Xu Cong's company will be reduced to 80%, and after the listing, his own shares will be reduced to 60%.
60% of the shares can allow Xu Cong to truly control the company, and at the same time, he can use the listing to obtain more development opportunities for the company.
Zhang Yong, who was sitting in the conference room, was the most excited. As the veteran and chief steward of the company, Zhang Yong is a major contributor to the company's successful development.
Xu Cong is basically a hands-off shopkeeper now, only providing a development plan for the company.
As for the company's development, operations and company affairs, most of them are now handled by Zhang Yong.
Among the subscriptions this time, Zhang Yong also subscribed for the largest number of shares, with 2% of the shares subscribed directly.
According to the development of the entire market, if you want to buy 2% of the current shares of Wanxiang Technology, it will cost at least nearly 1.8 billion.
After all, the current market valuation of Wanxiang Technology has exceeded many people's imagination, and most people even believe that Wanxiang Technology's company valuation should be able to reach a level close to 100 billion.
And this time the company's internal share subscription, there are still many discounts for internal employees of the company.
After all, this internal share subscription within the company is itself a benefit to employees.
Employees can purchase shares at 20% of the market price.
Of course, there are certain requirements for this internal subscription.
First of all, when employees of the company purchase shares within the company, these shares cannot be changed hands during their tenure in the company.
After the company's employees leave, the company will buy back the employees' shares at 40% of the market price.
Generally speaking, this time the company has used internal subscription to firmly bind the employees in the company together, which will also make some technical staff firmly choose to stay in the company.
It is precisely because of this benefit that Zhang Yong was able to use 300 million to purchase 2% of the company's shares.
As for the remaining 18% of the shares, Xu Cong divided 3% of the shares equally among the fifteen core executives of the company.
Basically, each company executive can subscribe for 0.2% of the company's shares.
Among the remaining 15% of the shares, the company distributed 10% of the shares to the company's internal technical engineers.
The company's internal technical engineers are now the company's most valuable asset and the most important driving force in the company's development. Xu Cong needs to keep these talents firmly in the hands of the company.
Now the number of technical personnel in the company has reached more than 600. On average, each engineering and technical personnel within the company can obtain nearly 0.015% of the company's shares.
As for the remaining 5% of the shares, they are divided equally among the company's nearly 2,000 ordinary employees, and these employees can also obtain 0.0025% of the company's shares after being rated.
Generally speaking, this time the company's internal share subscription, based on the company's internal demand for talents, truly completely binds the company together.
Many of the company's top executives expressed unanimous approval for this internal share subscription.
After all, the company's internal share subscription is a good thing for these people, and can even bring enough profits to these people.
Now Wanxiang Technology is booming, and the company's business is getting better and better. When the company is actually listed, although the shares in hand will be diluted, the company's stock price will continue to rise with the development of the company, which will actually make these people
Income gradually increases.
Soon, the internal share subscription of the company spread throughout the entire Vientiane Technology Company in an instant.
Regarding the company's internal share subscription, most employees still support it with both hands.
The current shares of Vientiane Technology are like golden beans. If you own the shares of Vientiane Technology, the income you can get in the future will definitely not be less than your salary.
Of course, some employees within the company were secretly targeted by headhunters and wanted to be poached. However, after hearing about the internal subscription of the company's shares, they also chose to stop contacting the headhunters.
Although the salary offered by the next company is high, Wanxiang Technology directly took out shares to subscribe for shares of Wanxiang Technology. The future income will be far more than the salary offered by other companies.
With the gradual implementation of internal subscriptions, the loyalty and cohesion of the company's employees have further increased, and even the company's employees are much more motivated to work than before.
Within the next half month, the company's employees signed internal share subscription agreements one after another, which was fully prepared for the company's listing.
"How is the construction of the company's new campus going? Now the company is overcrowded, and it's time to prepare to move to a new office space!"
In addition to the company's internal share tasks, the company's office location also needs to be considered for replacement.
As early as the middle of last year, Xu Cong cooperated with the local government, obtained a piece of land from the government, and built the company's campus in this area.
According to Xu Cong's plan, after the park is completed, all employees in the company can be completely moved in.
"The current company's campus is basically completed, but the interior is still being renovated. It is estimated that we will have to wait until the middle of next year before we can move in!"
Zhang Yong is also always paying attention to the construction of the company's campus. This time, the company's campus has a total of four office buildings with more than ten floors, and can accommodate more than 10,000 employees.
After the company moves to the company campus, the company can appear in the public eye with a new image, which will also play a very important role in the company's future development.
After hearing this, Xu Cong also nodded!
Chapter completed!
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