Chapter 239 The myth of creating wealth in the slope system!

After attending the annual meeting of Bai Xiaolu Studio, Zheng Wentong participated in the annual meeting of Slope Investment and Weimeng Media without stopping.

Zheng Wentong participated in the annual meetings of Huaxin Insurance Brokerage, Huaxin Microfinance, Slope Pharmaceuticals, Jijia Apartment and Slope Industry Fund in the form of online videos. Xu Ru, Zhong Yiqi and Liang Hui participated in the annual meetings of these subsidiaries as representatives of Slope Investment.

As for the annual meetings of companies invested in slopes, such as Pinduoduo, Himalaya, Xiaohongshu and Mihayou Technology, Cheng Liyuan, as the representative of Zheng Wentong, received an annual meeting gift in the past.

The annual meeting of slope investment is still very lively, with a wide variety of prizes, including Dyson hair dryers, sweeping robots, drones, digital cameras, new mobile phones, and of course, the unstoppable Sunshine Award. Each employee of slope investment received a cash red envelope of 3,888 yuan.

Zheng Wentong also demonstrated the gameplay of jumping on the spot. Companies that have invested in the slope system appear in this game, such as Fan Deng Reading, Mobike, Heytea and Naixue’s Tea, etc. Fan Deng also came to the slope investment site, shared with everyone about value investment, and introduced his reading list this year.

This year's annual meeting of Weimeng Media is at the finale, which shows that Zheng Wentong is quite satisfied with Weimeng Media's work. Zheng Wentong, Zhong Yiqi, Xu Ru and Cheng Liyuan all attended the annual meeting of Weimeng Media.

Weimeng Media’s annual meeting is located at Banyan Tree Xixi, which is located in Xixi Wetland Park and is also a super five-star hotel.

Zheng Wentong met Yao Yutong and joked about her subordinates, "Last year's annual meeting was still Vienna, but this year it became Banyan Tree. Everyone knows that you Weimeng Media has made money, don't be like a nouveau riche." Yao Yutong is the financial director of Weimeng Media. She disagreed. Yang Jianwu could not set the annual meeting in Banyan Tree.

Yao Yutong shouted, "Mr. Zheng, you really can't blame me. Tomorrow is New Year's Eve. You will fly to Yanjing to participate in the Spring Festival Gala tomorrow. Mr. Yang and Mr. Gu just want you to have a good rest at night, otherwise it would be too hard to fly back to Yanjing overnight."

"I used to be an audience member and didn't participate in the performance, so it doesn't matter if I was early or late." Zheng Wentong knew that Weimeng Media was looking forward to Zheng Wentong's arrival, just waiting for Zheng Wentong to fulfill the equity incentive promised by the annual meeting last year.

The management teams that Weimeng Media is qualified to obtain equity incentives include general manager Yang Jianwu, Gu Xiao, who is in charge of live e-commerce business department, Xu Wenshan, who is in charge of artist agency affairs, and Yao Yutong, the financial director.

As for the top anchors, those who can get equity incentives include Li Ziqi, Yili Xiaoshazi, Wang Damao, Li Jiaqi, Yang Hui and Liu Lei. Liu Lei is Li Jiaqi's apprentice and is also the newly emerging anchor of Weimeng Media in the second half of 2016.

When Yao Yutong saw Xu Ru, the two of them who met again after a long time were happily hugged each other. When Yao Yutong saw Cheng Liyuan, she was a little surprised and reached out to shake hands with Cheng Liyuan. "I have always heard that Secretary Cheng never goes on a business trip. It turns out that he was also a colleague at the headquarters who spread rumors."

Cheng Liyuan smiled and explained, "My daughter was too young before, and my mother-in-law couldn't take care of her alone. Now she has hired a nanny, so my working hours are easier to coordinate. I want to congratulate Director Yao this time."

Zheng Wentong set up a 6% equity option pool for Weimeng Media, and cashed out 2% when completing the A round of financing. Yang Jianwu and others can get a total of 10 million shares this time, with a stock value of 140 million.

This time, Li Ziqi can get 4 million shares of Weimeng Media, worth 56 million, Gu Xiao gets 1.5 million shares, Yang Jianwu gets 800,000 shares, Xu Wenshan and Yao Yutong get 600,000 shares. Li Jiaqi gets 800,000 shares, Yang Hui gets 400,000 shares, Yili Xiaoshazi gets 300,000 shares, Wang Damao gets 300,000 shares, and Liu Lei gets 100,000 shares.

Weimeng Media's equity incentive this time has created a billionaire Li Ziqi. In addition to the equity of Weimeng Media, she also holds shares of Qimeng Food Co., Ltd. The combined share of the two has a net worth of over 100 million, making her a billionaire that the company's employees are out of reach.

Zheng Wentong also created three millionaires, namely Gu Xiao, Yang Jianwu, Li Jiaqi, and several millionaires, as well as Yao Yutong and other millionaires. Cheng Liyuan congratulated Yao Yutong on being absolutely sincere. If the valuation of Weimeng Media further rises next year, Yao Yutong will be able to make a fortune of tens of millions soon.

It can be expected that the myth of wealth-making in the slope system will continue, and a group of billionaires and millionaires will emerge in the slope system.

As the parent company of Slope Investment, Zheng Wentong is not happy to disclose the financial situation of Slope Investment, so employees of Slope Investment cannot get equity incentives like other subsidiaries.

However, Zheng Wentong also thought of a solution. Employees who have worked in slope investment for a long time and have made outstanding contributions can get equity incentives from WeChat Xinke.

For example, Yi Ping, manager of the Securities Investment Department, Chen Dong, manager of the Equity Investment Department, Zhong Yiqi, director of the Financial Services Department, Meng Qian, director of the Legal Affairs Department, Chen Lei, manager of the Human Resources Department, and Xu Ru, assistant to the President, were included in the first batch of equity incentive targets for Slide Investment.

WeChat Xinke is currently relatively clear in equity. Zheng Wentong is the largest shareholder. In addition, the investment institutions participating in the A-round financing, Zheng Wentong transfers his personal equity to employees who invest in Slope Investment, does not have the problem of transferring interests.

When Zheng Wentong announced the equity incentive plan for Weimeng Media, some people were happy and some were worried. Li Ziqi's attitude was quite transcendent. Perhaps she had received visits from many provincial, municipal and district officials with Zheng Wentong. Her experience and vision had been cultivated, and she had the style of a company's number one sister.

Li Ziqi was elected as a member of the Youth League Committee of Hangzhou City in the second half of last year. In addition to Zheng Wentong, the member of the All-China Youth League Committee, Li Ziqi was the first to be elected as a member of the Youth League Committee of Hangzhou City as a representative of the youth revitalization.

Although Weimeng Media is still a leading company in the e-commerce live broadcast industry, a number of similar companies have emerged in Hangzhou, such as Weiya, Li Jiaqi, and Principal Wang’s ex-girlfriend Zhu Chenhui, have all begun to enter the e-commerce live broadcast industry. However, the number one player in live broadcasting for goods is Li Jiaqi of Weimeng Media.

Li Jiaqi's live streaming sales last year was 160 million yuan, creating more than 30 million yuan in revenue for Weimeng Media. Unlike other anchors, Li Jiaqi is a rare anchor in all categories, whether it is beauty, toys, books, digital products, sports products, or clothing. Li Jiaqi has already started looking at houses in Hangzhou and is preparing to settle down in Hangzhou.

Weimeng Media's annual meeting was a Chinese-style tail-teeth banquet at Banyan Tree. During the banquet, Wang Damao sang her popular song "Last Summer" to everyone. Wang Damao participated in "Son of Tomorrow". Although she was eliminated, her popularity in Weimeng Media has always been very high.

Xu Ru, who was sitting in the audience, looked at Wang Damao on the stage. She couldn't help but think that the iron-clad camp and the flowing soldiers sang the song "The Little White Rabbit Meets Cappuccino" at the company's annual meeting last year.

As a result, after Tuziya jumped to other companies in August last year, it was ordered by Zheng Wentong to ban it. All music platforms removed Rabbit Ya's songs. Tuziya had no stage name and could not sing their own famous songs during live broadcasts. It was already lost and was overshadowed by other singing anchors. This is the iron-clad Weimeng Media and the flowing Internet celebrity.

Wang Damao received 300,000 shares of Weimeng Media this time, and this part of the stocks alone is worth 4.2 million. If Rabbit Ya stays at Weimeng Media, she will definitely receive more than 300,000 shares of the stocks. Not to mention that Wang Damao can get a copyright income from NEXT Music Group every year.

Equity incentives also involve the distribution of interests. As long as it is divided, people will be dissatisfied. Because those who are distributed will never pay attention to how much money they have earned, their eyes will only pay attention to why I am less than others. This is why Chinese culture does not worry about lack of money but is uneven.

After the dinner, Yang Hui found Zheng Wentong alone, "Mr. Zheng, the GMV that Li Jiaqi brought in last year was 160 million, and I also had 120 million. Why can Li Jiaqi get 800,000 shares, but I only have 400,000 shares?"

Zheng Wentong raised his eyebrows and showed his own power without anger, "What? Are you questioning my decision and the company?"

Yang Hui was startled and her tone fell a lot in an instant, "How dare I question the company's decision? I just think it's unfair. Li Jiaqi was still the one who introduced me to join the company. I can be considered half of her live streaming sales, but my stocks were only half of hers."

Zheng Wentong was very angry and asked Cheng Liyuan to call Yang Jianwu over. After Yang Jianwu saw his wife Yang Hui appear in Zheng Wentong's suite, he immediately understood.

When Zheng Wentong announced the equity incentive plan for Weimeng Media, Yang Hui couldn't help it and wanted to complain to Zheng Wentong, but was stopped by Yang Jianwu.

Yang Hui felt that Zheng Wentong's equity incentive plan was somewhat aimed at the couple. Gu Xiao was the deputy general manager, but he received more shares than general manager Yang Jianwu. Her performance was tens of millions away from Li Jiaqi, but she only got half of Li Jiaqi's stock.

Yang Jianwu quickly apologized for his wife, "Mr. Zheng, Yang Hui is a little straightforward, her mind is a little unrestrained. She is definitely not dissatisfied with the company's equity distribution plan. I apologize to you on behalf of her."

Zheng Wentong looked at his cousin Yang Jianwu, "Jianwu, tell me the truth. The stocks you get are 500,000 less than Gu Xiao. Are you dissatisfied with me?"

Yang Jianwu looked at Zheng Wentong with a bright look, with a little unnatural expression, "How could it be, without Vice President Gu, we would not be the first company to have a live streaming GMV that exceeded 10 billion yuan."

In the past 2016 years, Weimeng Media's total live streaming sales were 8.6 billion yuan. In January 2017, Weimeng Media's monthly sales hit a new high, with sales of 1.5 billion yuan in January, just achieving a live streaming sales performance of more than 10 billion yuan!

Zheng Wentong looked at Yang Jianwu, "Jianwu, when the boss has no obligation to explain to the employees. I will finally talk about why Gu Xiao is more than you and Li Jiaqi has more stocks than Yang Hui. If you think the company's stock distribution plan is unfair, you can submit your resignation to the company at any time. If you resign today, you can leave today, and I will never try to keep it."

Yang Hui knew that Zheng Wentong was yelling at her, and she felt a little dissatisfied, but she didn't dare to show it. "Last New Year's Day, when Weimeng Media tried to sell goods, the GMV target I set for Weimeng Media was 4 billion. After Gu Xiao took over as the manager of the e-commerce live broadcast business department, his performance last year was 8.6 billion, which doubled my expected goal."

"I think it's okay for Gu Xiao to get 500,000 more shares than you. Secondly, Yang Hui's sales last year were 120 million, and Li Jiaqi's performance last year was 160 million. Yang Hui's performance was 75% of Li Jiaqi's. Do you think you should get 75% of Li Jiaqi's stock?"

"I looked at the company's report last year. Among the top ten anchors in the company's sales last year, three anchors have served as Li Jiaqi's e-commerce live broadcast assistants. Liu Lei, who participated in the equity incentive this time, is also Li Jiaqi's apprentice."

"I have always emphasized that the company's live broadcast anchors must complete the role of teaching and helping, and you need to cultivate a group of new live broadcast anchors to strengthen the company. Yang Hui, the company has also arranged for you to have e-commerce live broadcast assistants. As a result, when it comes to product selection and bargaining process, you will let these assistants leave, for fear of teaching their apprentices and starving the master to death."

"You treat what I say as a warning. I am willing to give you 400,000 shares. It is already for the sake of my aunt and Jianwu. I know that there are live e-commerce companies outside poaching you. If you can do this job, you can do it well. If you want to climb another step, leave me as soon as possible!" Zheng Wentong issued an order to expel guests.
Chapter completed!